Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The number of new coronavirus cases in Germany rose at the slowest pace in…
Read MoreHow sentiments have changed for banks
Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about…
Read MoreAmid Large Public Protests Over Beach Closures, California Governor Gavin Newsom Says, “It Doesn’t Surprise Me”
In the 24 hours since California Gov. Gavin Newsom ordered all beaches in Orange County closed, there have been two lawsuits filed by the cities of Huntington beach and Dana Point, the O.C. Sheriff said he will not enforce the…
Read MoreHouse Panel Opens Carnival Probe Over Cruise Ship Outbreaks
LISTEN TO ARTICLE SHARE THIS ARTICLE The U.S. House Committee on Transportation and Infrastructure today opened an inquiry into Carnival Corp.’s handling of the Covid-19 outbreaks that have resulted in more than 1,500 confirmed cases of the novel coronavirus aboard…
Read MoreThe Black List Teams With Hulu For Inaugural Latinx TV List
EXCLUSIVE: Hulu is looking to elevate Latinx writing talent. The Black List has teamed with the premium streamer for the 2020 Latinx List, which focuses one-hour and half-hour original pilots written by at least one Latinx writer and featuring a…
Read MoreInsurance Broker Stocks Move Higher on Upbeat Earnings
Insurance brokers defied a sea of red across financial stocks Thursday after better-than-expected quarterly earnings from Marsh & McLennan Companies, Inc. (MMC) and Willis Towers Watson Public Limited Company (WLTW) eased growing concerns about what impact the coronavirus pandemic will…
Read MoreAngry Undergrads Are Suing Colleges for Billions in Refunds
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. College students, kicked off campus by the coronavirus, have a new extracurricular activity: litigation….
Read MoreIn Covid Crisis, the Mob Is the Ultimate Enforcer
To get John Authers’ newsletter delivered directly to your inbox, sign up here. Woke Up This Morning … Tony scares us even more than Jay does. Both of them matter more than the Don. But everyone is most scared of…
Read MoreA Hotel Chief Talks About Managing His Way Through the Pandemic
LISTEN TO ARTICLE SHARE THIS ARTICLE InterContinental Hotels Group’s chief executive officer was sheltering in place with family in the U.K., where the company is based, when he spoke by phone about how businesses may recover from the virus. ●…
Read MoreAsian Shares Decline Amid Virus Worries
Asian stocks ended broadly lower on Friday after analysts warned the global economy will take much longer to recover from the coronavirus pandemic. Coronavirus has infected more than 2.7 million people around the world, with the death toll passing 190,000…
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