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Business News

Location American Business News for 23 March 2020
Barcelona Will Battle Chelsea To Sign Alex Telles From Porto FC Barcelona will battle Chelsea for the signing of Porto's Alex Telles, according to reports.
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"Aubade," by W. S. Di Piero

The New Yorker - 23 Mar 2020 12:00
Poetry by W. S. Di Piero: "Good morning to what's left and what has gone."
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I'm Scared. That's a Reason to Buy

Wall Street Journal - 23 Mar 2020 19:20
The true contrarian only buys when it makes him feel physically sick to press the buy key. At the moment I not only feel sick at the idea but want to disinfect the keyboard before using it. Does that mean it's time to bu...
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Mnuchin Urges Small Businesses Not To Fire Employees The Senate is set to vote on a massive economic relief bill this afternoon.
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How Restaurants Are Innovating During The COVID-19 Pandemic Some restaurants and bars are shifting their business models to match the current demand for "shelter in place" eating experiences. Here are just a few examples of how fine-dining, fast-casual, and other establishments a...
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U.S. corporate credit spreads narrowed on Monday, indicating positive investor sentiment, following the Federal Reserve's announcement that it would backstop an unprecedented range of credit.
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We Are Facing A Depression, Not A Recession

Forbes - 23 Mar 2020 16:54
We Are Facing A Depression, Not A Recession We are already seeing large increases in request for unemployment insurance. It is going to explode.
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PARIS (AP) -- The hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe, as more than...
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How your business can help fight coronavirus: One brand’s pivot to making masks The brand collaborated with a doctor to create a fabric mask with an insert for a HEPA filter. Ellen Bennett felt like she was flailing last week. The owner of Hedley & Bennett worried about how quickly the coronavirus w...
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A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines would be a loan, not a cash payou...
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Spinal twists, hamstring and neck stretches are recommended to keep your body healthy when you're stuck at home.
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A worker at Boeing Co's Everett factory outside Seattle who had the coronavirus has died, the Seattle Times reported on Sunday, citing co-workers, a union official and a Facebook post by the man's brother.
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Fed moves telegraph fears of prolonged liquidity crisis

American Banker - 23 Mar 2020 23:18
The central bank's sweeping actions suggest a cash shortage gripping sectors directly hit by the pandemic. Banks were supposed to be protected by Dodd-Frank but are still vulnerable to a funding domino effect.
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Stocks keep falling after rescue package meant to support economy during coronavirus crisis stalls in Congress Stocks extended losses in afternoon trading Monday after a stimulus package to combat the economic damage from the coronavirus pandemic stalled in Congress.       
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U.S. trade regulators have approved Apple Inc's request to waive tariffs on China-made Apple Watches, the Office of the United States Trade Representative said in a letter dated Friday.
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Stocks fall even as Federal Reserve expands lending programs to support faltering financial markets Stock slumped Monday despite the Federal Reserve preparing to launch an expansion of lending programs in an effort to shield the economy from the coronavirus pandemic.       
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Someone has created the Animal Crossing ska cover that we all need for when we have to set New Horizons down and can't pickitup ourselves.
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Car-free streets can help pedestrians stay six feet apart to social distance more effectively If everyone is on a narrow sidewalk, social distancing becomes impossible. On a typical walk through the residential corners of my neighborhood, I might go blocks before passing someone on the sidewalk. This weekend it w...
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Furloughed Hilton workers offered access to other jobs during coronavirus pandemic Furloughed Hilton employees in the U.S. will be given direct access to an online resource center and expedited hiring during the coronavirus.       
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Messenger From Facebook, Developers Join Forces to Take On the Coronavirus Messenger From Facebook introduced two initiatives aimed at supporting government health organizations globally during the coronavirus pandemic: a partnership with several developers to provide free services enabling the...
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Similarities And Differences In The Markets To The 2008 Crisis As major indices have fallen 30% and look set for another decline on Monday, what are the similarities and differences to 2008?
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Senate Democrats block a trillion-dollar stimulus package and urge more aid for workers impacted by the new coronavirus outbreak SAUL LOEB/AFP via Getty Images The Senate failed to pass a trillion-dollar stimulus package on Sunday evening, with Democrats arguing the aid measure failed to adequately protect workers impacted by the novel coronavirus...
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