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Harry Westhoff, 71, runs groceries back to his car in Teaneck, N.J., after Stop & Shop opened special morning hours for people 60-plus. Photo/John Minchillo/AP

Getting behind an idea from Andrew Ross Sorkin that excited CEOs, the U.S. Chamber of Commerce called on Congress to pass a "bridge loan" program to give federally guaranteed loans to companies with big losses from the pandemic.

How it works: The loans would include incentives for employers to maintain existing current workers at their existing pay.

  • Neil Bradley, the Chamber's executive vice president and chief policy officer, told me that the Chamber's full proposal was inspired by ideas by Sorkin, Kevin Warsh and Senate Small Business Committee Chairman Marco Rubio.

The state of play:

  • PepsiCo announced it'll provide enhanced benefits to all U.S.-based employees (including 100% pay during a 14-day quarantine) and additional compensation to U.S. frontline employees "who make, move and sell products."
  • Amazon announced it will hire 10,000 delivery and warehouse workers. The company also plans to raise pay by $2 an hour for delivery and warehouse employees through April, The Wall Street Journal reports.
  • Walmart said it plans to hire 150,000 U.S. hourly workers through the end of May, and many of the jobs will become permanent.
  • Target said it'll give a $2-an-hour wage increase to its 300,000-plus workers.
  • 7-Eleven will add 20,000 jobs.

Go deeper: Airport workers face layoffs across the U.S. as coronavirus spreads

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Go deeper

Updated 7 hours ago - World

Mexican President López Obrador tests positive for coronavirus

Mexico's President Andrés Manuel López Obrador during a press conference at National Palace in Mexico City, Mexico, on Wednesday. Photo: Ismael Rosas/Eyepix Group/Barcroft Media via Getty Images

Mexican President Andrés Manuel López Obrador announced Sunday evening that he's tested positive for COVID-19.

Driving the news: López Obrador tweeted that he has mild symptoms and is receiving medical treatment. "As always, I am optimistic," he added. "We will all move forward."

7 hours ago - Politics & Policy

Sarah Huckabee Sanders to run for governor of Arkansas

Sarah Huckabee Sanders at FOX News' studios in New York City in 2019. Photo: Steven Ferdman/Getty Images

Former White House press secretary Sarah Huckabee Sanders will announce Monday that she's running for governor of Arkansas.

The big picture: Sanders was touted as a contender after it was announced she was leaving the Trump administration in June 2019. Then-President Trump tweeted he hoped she would run for governor, adding "she would be fantastic." Sanders is "seen as leader in the polls" in the Republican state, notes the Washington Post's Josh Dawsey, who first reported the news.

Coronavirus has inflamed global inequality

Illustration: Aïda Amer/Axios

History will likely remember the pandemic as the "first time since records began that inequality rose in virtually every country on earth at the same time." That's the verdict from Oxfam's inequality report covering the year 2020 — a terrible year that hit the poorest, hardest across the planet.

Why it matters: The world's poorest were already in a race against time, facing down an existential risk in the form of global climate change. The coronavirus pandemic could set global poverty reduction back as much as a full decade, according to the World Bank.