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As the United States tumbles into a coronavirus recession, the Federal Reserve is using its nearly unlimited power to generate cash to cushion the fall.
Source: NY Post
Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy.
April 6, 2020 Goldman Sachs CEO: Remote work policies could ‘attract’ new employees after the coronavirus pandemic is overSource: CNBC
The coronavirus pandemic could have a lasting impact on companies and remote work policies nationwide, according to consulting organization Global Workplace Analytics.
April 6, 2020 British Prime Minister Boris Johnson hospitalized for testing after coronavirus symptoms persistSource: CBS
British Prime Minister Boris Johnson was hospitalized Sunday, 10 days after testing positive for coronavirus. Johnson was admitted "for tests" after displaying "persistent symptoms," according to a press release from his office.
Source: Yahoo Finance
On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than doubling the prior week’s reported total of 3.238 million that had also marked a...
Source: Fox Business
U.S. equity markets rallied Thursday as global oil prices posted their biggest one-day gain in response to President Trump saying he expects and hopes Russia and Saudi Arabia will cut production.
Source: NY Post
Bloomberg News reports that the US intelligence community has concluded that China is “intentionally” hiding the true numbers of its coronavirus cases and fatalities — a fact that should surprise no one, and is yet another way...
We’re seeing it all: CEOs taking pay cuts amid layoffs, Gap and Zara producing masks in their factories, General Motors and Ford building ventilators, and social media sites such as LinkedIn and Instagram replete with examples of...
April 2, 2020 Understanding the Economic Shock of CoronavirusSource: Harvard Business Review
As the coronavirus continues its march around the world, governments have turned to proven public health measures, such as social distancing, to physically disrupt the contagion. Yet, doing so has severed the flow of goods and...
The report finds 78% of COVID-19 patients in the U.S. requiring admission to the intensive care unit had at least one underlying condition. And 94% of hospitalized patients who died had an underlying condition
For decades, Americans have been sorting their trash believing that most plastic could be recycled. But the truth is, the vast majority of all plastic produced can't be or won't be recycled. In 40 years, less than 10% of plastic...
April 1, 2020 Goldman sees 15% jobless rate and 34% GDP decline, followed by the fastest recovery in historySource: CNBC
Goldman Sachs has revised its view on how the coronavirus will impact the U.S. economy, seeing a sharper downturn than originally thought followed by an even bigger upturn.
Source: Cosmetics Design
This week, the Good Housekeeping Institute began accepting submissions for its now annual awards program. This year the Institute will recognize sustainable packaging innovation in four industries: home care and cleaning, toys,...
Though the economic and social shutdowns due to COVID-19 in countries across the globe has meant a temporary reprieve from some of the most obvious environmental effects in places from China to Venice, Italy, the world’s nearly...
Source: The Guardian
Four global drinks giants are responsible for more than half a million tonnes of plastic pollution in six developing countries each year, enough to cover 83 football pitches every day, according to a report.
Source: Fast Company
Today, Americans hold the title of biggest trash producers in the world, at 6.5 pounds per person, per day. This problem is perhaps no more evident than in Phoenix, the fastest-growing city in the country.
Source: Yahoo Finance
As the coronavirus disrupts everyday life, experts are beginning to think about what changes will be temporary and what changes will be permanent.
March 31, 2020 Older workers will jump-start an economy post-pandemic faster than younger ones, argues CitigroupSource: MarketWatch
What do older workers have over younger ones as an economy tries to recover from a pandemic? They can potentially breathe life into a shut-down economy faster, in part because they have more money to spend and better health...
Source: Yahoo Finance
The Food and Drug Administration on Sunday approved the anecdotally promising malaria drug for emergency use to treat hospitalized patients for COVID-19.
March 30, 2020 Next-generation GMO crops poised to make major contributions to sustainable farming and medicineSource: Genetic Literary Project
Transgenic crops have been planted in different countries for over twenty years, starting from 1996. About 191.7 million hectares were planted in 2018 to transgenic crops with high market value, such as herbicide tolerant...
March 30, 2020 The Four Possible Timelines for Life Returning to NormalSource: The Atlantic
The new coronavirus has brought American life to a near standstill, closing businesses, canceling large gatherings, and keeping people at home. All of those people must surely be wondering: When will things return to normal?
March 30, 2020 McDonald's Just Announced a Big Change Nobody Could Have Predicted a Year Ago. Every Smart Business Leader Should Pay AttentionSource: Inc.
There's more to it, of course, because if you break down the big change that McDonald's announced this week, there's a smart, 7-point checklist for just about any business trying to weather the current storm.
At around 5:20 a.m. ET, Dow Jones Industrial Average futures were down 145 points, pointing to an implied fall of more than 217 points at the Monday open.
Treasury Secretary Steven Mnuchin said Thursday that people will start getting relief checks within three weeks, as the country reels from the coronavirus pandemic.
SINGAPORE - China has begun buying U.S. liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of U.S. goods as part of the Sino-U.S. Phase 1 trade deal,...
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