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Business News

Location American Business News for 14 March 2020

Silicon Valley Was First to Send Workers Home. It's Been Messy.

Wall Street Journal - 14 Mar 2020 15:00
Silicon Valley Was First to Send Workers Home. It's Been Messy. Silicon Valley is a week ahead of the rest of the country in conducting a real-time experiment into whether it is possible to operate a fully remote workforce in the age of the coronavirus. It's early days. And it has be...
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While the stock market is getting hammered over coronavirus concerns, the bigger impact will likely be at the local level, where hourly employees can't work from home.
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A Subscription Service For Handbag Lovers Means Smarter Consumerism A subscription-based handbag service for Londoners is touting itself as a smarter, less wasteful and more responsible way to be a luxury fashion lover.
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Hot Property: Pharrell Williams seeks $17-million haul for glass-covered mansion Pharrell Williams is asking $16.95 million for the Beverly Hills Post Office-area home he bought from filmmaker Tyler Perry. Also: Dwyane Wade and Gabrielle Union are looking to selling Sherman Oaks, and 'Ray Donovan' st...
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Studios Need To Wake Up--Because Coronavirus Will Destroy The Box Office If all three of this weekend's major wide releases tank, then the entire movie industry will have to think twice about taking a chance at the box office.
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One Company's Hands-On Effort to Ramp Up Sanitizer Production

Wall Street Journal - 14 Mar 2020 06:00
One Company's Hands-On Effort to Ramp Up Sanitizer Production Inside the push at EO Products to quadruple output--without raising prices. Employees "like the fact that they are contributing to something" amid the pandemic.
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White House's Crude Oil Top-Up Plans Won't Fix Shale Industry's Debt Problems Plans announced today to buy oil for the Strategic Petroleum Reserve caused oil prices to jump $2 per barrel. That's far less than shale companies likely needed.
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CVS, Walgreens Prep Parking Lots For Coronavirus Testing CVS Health, Walgreens, Walmart and Target are dedicating parking lots and other temporary areas outside of their drugstores across the country to test for the Coronavirus strain COVID-19.
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Citing Coronavirus, Court Blocks Trump's First Food Benefit Cut

The Huffington Post - 14 Mar 2020 03:13
Citing Coronavirus, Court Blocks Trump's First Food Benefit Cut A federal judge said this is no time to start kicking thousands of people off benefits.
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Is There Really a Toilet Paper Shortage?

The New York Times - 14 Mar 2020 01:03
Is There Really a Toilet Paper Shortage? The household staple has consistently been out of stock during the coronavirus outbreak. Manufacturers may not be willing to increase supplies.
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California's job market was on a roll in January. Then the coronavirus hit California's economy was humming along in January. Now, not so much.
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Trump's Student Loan Interest Waiver Isn't What You May Think

The New York Times - 14 Mar 2020 22:02
Trump's Student Loan Interest Waiver Isn't What You May Think President Trump said he was waiving interest on federally held student loans because of the coronavirus outbreak. But payments won't change.
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4 Ways To Stop Procrastinating And Start Doing Some 40% of people have experienced financial loss due to procrastination. There is a reason that productivity and time management are hugely important to every entrepreneur - because at the core of it all, most of us ar...
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Coronavirus: Some Of These 24 European Countries Have Closed Their Borders To Tourists As the World Health Organization declares Europe the new epicentre of the global coronavirus pandemic, many European countries are taking dramatic steps to fight the disease. As Spain prepares for an Italy-style lockdown...
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The White House is now checking the temperatures of any 'individuals who are in close contact' with President Trump and VP Pence Jonathan Ernst/Reuters The White House announced Saturday all people 'in close contact' with President Donald Trump and Vice President Mike Pence would have their temperatures taken out of "an abundance of caution." A da...
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Court Backs County for Electricity Price Hike Targeting Crypto Mining A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to "emerging industries" in 2018
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With Its Coronavirus Rapid Paper Test Strip, This CRISPR Startup Wants To Help Halt A Pandemic Uncertainty and fear about coronavirus' spread and the course of the illness is causing shockwaves in our daily lives. A simple paper test could provide answers to basic questions and shape a sensible course forward.
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How This Doctor Created An Education Empire From His Dorm Room More than two million students around the world have used UWorld--an online learning platform for various critical tests. Read how this doctor built a business from his dorm room during his residency.
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If companies see a payoff from their emergency work-from-home policies, those policies could stick, impacting our cities, the environment, and much more.
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President Donald Trump Saturday morning highlighted Friday's big stock-market gains but investors fear that the worst isn't over as coronavirus spreads.
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Trump's most die-hard media supporters are proving that owning the libs is more important to them than the lives of their fellow Americans during the coronavirus pandemic Alex Jones Show/screenshot To all of Donald Trump's most hardcore media supporters, the novel coronavirus pandemic is not the final step in a grand conspiracy against you or your dear leader. You are spreading misinforma...
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American workers are more vulnerable than ever to crises like the novel coronavirus Chris Ehrman/AP Images 31.5 million mostly front-line, customer-facing jobs offer both low hourly wages and a limited number of hours of work per week, and are particularly vulnerable to the COVID-19 pandemic The US empl...
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