Japan Airlines Signs 10-Year Boeing 787 Maintenance Deal With GE Aerospace 
SpaceX Eyes AI Computing Expansion Ahead of Historic IPO 
Japan Inflation Falls Below BOJ Target as Energy Subsidies Ease Consumer Pressure 
OpenAI Eyes IPO Filing as Early as This Week Amid Rising AI Competition 
NHS shakeup: if it sounds like we’ve been here before, it’s because we have 
Fed Signals Possible Rate Hikes if Inflation Remains High in 2026 
Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services 
Moody’s Downgrades Mexico Credit Rating Amid Rising Debt and Fiscal Pressure 
Mexico-EU Free Trade Deal Signals Strategic Shift Away From U.S. Dependence 
Australia Regulator Flags Private Credit Risks Amid Global Market Uncertainty 
Wall Street Rebounds as U.S.-Iran Peace Deal Hopes Lift Markets and Ease Oil Prices 
Trump Signals Tough Stance on Iran Uranium Stockpile as Nuclear Talks Show Limited Progress 
OpenAI Expands Globally with First Overseas AI Lab in Singapore 
ECB Warns Euro Zone Inflation Will Keep Rising Despite Strait of Hormuz Reopening 
JPMorgan Sees Large-Cap Biotech Stocks Entering New Growth Phase in 2026 
Anthropic Revenue Surge Signals Strong AI Market Momentum in 2026 
Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly rates.
The perks and company restructuring amid the pandemic
CNBC reported that Best Buy would also hand out extra payments for those who will get the COVID-19 vaccine. The notice on bonuses came not long after the company announced it would be cutting off jobs, and some store staff would have to be let go.
The layoffs are said to be part of Best Buy’s restructuring or company reorganization due to the low sales resulting from the lockdowns. Then again, the popular retail brand did not say how many workers are set to lose their jobs.
As of January 2020, the firm had 125,000 full-time and part-time employees. In mid-April of that year, it furloughed around 51,000 staff, including almost all of its part-timers. This move was due to the closures of stores affected by the pandemic.
Although some of the workers were already called back, many remained jobless. Since Best Buy could not bring everyone back, it decided to give pandemic-related appreciation pay to supply chain and hourly store workers, and they will be getting the extra pay between March and the beginning of August.
It was mentioned that full-time workers are set to get $500 while part-time hourly workers are getting $200. Best Buy’s spokesman said that those who will be laid off will still get bonuses.
Best Buy planning to focus on e-commerce
Meanwhile, with the changing shopping habit brought about by the COVID-19 crisis, Best Buy is also working on going with the change. It is now testing selling via smaller stores and digital-friendly shops. This means that the company is shifting to e-commerce since people today are doing their shopping online.
Bloomberg reported that Best Buy is set to launch new smaller stores as it will now focus on e-commerce. This format will allow the company to get digital orders and will provide big savings since the stores will only be half the size of the regular outlets.
