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AP National Business

‘Last mile’ solution for Brazilian favela born from pandemic

By TATIANA POLLASTRI and DAVID BILLER Associated Press SAO PAULO (AP) — Packages have only just started reaching doorsteps in Sao Paulo’s second-biggest favela, Paraisopolis. It’s thanks to a bespectacled 21-year-old with a degree in information technology. Inspired by community-led distribution of food kits and donations during the pandemic, Giva Pereira founded a logistics startup

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COVID recession pushed Social Security insolvency up a year

By RICARDO ALONSO-ZALDIVAR and MARTIN CRUTSINGER Associated Press WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday. It’s a counterintuitive assessment that deepens the uncertainty around the nation’s bedrock retirement programs. Social Security’s massive trust fund

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