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News & Updates

May 11, 2020 Why Goldman's Jan Hatzius believes job losses may be higher than reported

Source: CNBC

Jan Hatzius of Goldman Sachs joins "Squawk on the Street" to discuss the latest jobs number, which saw the unemployment rate soar to 14.7 percent.

May 11, 2020 These companies are hiring rapidly during the crisis

Source: CNN

Millions of American workers have been laid off or furloughed during the coronavirus pandemic, with a record 20.5 million US jobs lost in April. But some companies are still hiring thousands of new employees to keep up with...

May 8, 2020 Lloyd Blankfein says big companies should be ‘very reluctant’ to tap small business relief program

Source: CNBC

“I think over time, the goal posts will shift” from a sense of urgency in disbursing funds to greater scrutiny of companies that shouldn’t have kept them, Blankfein said. “It’s kind of a natural phenomenon, I don’t think it’s bad...

May 7, 2020 4 Silver Linings in Disney's Mixed Financial Results

Source: The Motley Fool

The fiscal second quarter was rough for Disney (NYSE:DIS). Revenue rose sharply as a result of the Fox entertainment assets that it didn't own through most of the prior year's quarter. Earnings, operating income, and all of the...

May 7, 2020 Morning Coffee: 50% of Goldman Sachs could work at home forever

Source: efinancial careers

The gradual inching back to normality seems to have begun at Goldman, with an all-hands memo sent out by David Solomon (and Stephen Scherr and John Waldron) detailing the beginnings of a plan to get people back into the office.

May 5, 2020 J. Crew files for bankruptcy after economic hit from coronavirus pandemic

Source: CBS News

J. Crew, the apparel seller known for its preppy clothing, has filed for Chapter 11 bankruptcy protection, the first major retailer to fail amid widespread business shutdowns across the U.S. aimed at containing the coronavirus.

May 5, 2020 The Small-Business Die-Off Is Here

Source: The Atlantic

Small businesses went into this recession more fragile than their larger cousins: Before the crisis hit, half of them had less than two weeks’ worth of cash on hand, making it impossible to cover rent, insurance, utilities, and...

May 1, 2020 SHOWCASING A SUSTAINABLE SOCIETY: TOKYO 2020 RELEASES ITS SUSTAINABILITY PRE-GAMES REPORT

Source: Olympic Games

THE TOKYO ORGANIZING COMMITTEE OF THE OLYMPIC AND PARALYMPIC GAMES (TOKYO 2020) TODAY PUBLISHED ITS SUSTAINABILITY PRE-GAMES REPORT, SHOWING DETAILS OF HOW IT PLANS TO DELIVER SUSTAINABLE TOKYO 2020 GAMES AND HIGHLIGHTING...

April 29, 2020 Can this sustainable cooling system replace environmentally damaging AC?

Source: Fast Company

The OACIS platform is the latest iteration of Phononic’s semiconductor technology, which has been deployed in the fields of medical refrigeration and food and beverage storage.

April 28, 2020 The Pandemic Will Change American Retail Forever

Source: The Atlantic

We are entering a new evolutionary stage of retail, in which big companies will get bigger, many mom-and-pop dreams will burst, chains will proliferate and flatten the idiosyncrasies of many neighborhoods, more economic activity...

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