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Amazon hires founders of Covid-testing firm to curb spread

Bloomberg Amazon.com Inc has hired several employees of a Covid-19 testing startup as part of efforts to curb outbreaks among its workers. Caspr Biotech’s cofounders, Chief Executive Officer Franco Goytia and Chief Strategy Officer Carla Gimenez, joined Amazon in December, according to a person familiar with the situation. The pair, along with several other startup employees, are working on a ...

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Germany planning $1.1b bailout of major airports

Bloomberg Germany is planning a 900 million-euro ($1.1 billion) bailout of the country’s airports, adding to a multibillion-euro outlay already aimed at helping the aviation sector survive the coronavirus. The government will offer Berlin-Brandenburg, Cologne-Bonn and Munich a package of loans, grants and stake purchases worth more than 400 million euros, according to a transport ministry document seen by Bloomberg ...

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Jollibee Foods eyes 450 new stores

Bloomberg Jollibee Foods Corp will boost capital spending by a fifth to open 450 new stores mostly overseas, as the Philippines’ largest restaurant operator foresees a return to profit this year following its first annual loss in nearly three decades. The company will spend 12.2 billion pesos ($255 million) this year, up 22% from the 10 billion pesos in 2020. ...

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