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Oil Markets Are a Mess. Can World Leaders Straighten Them Out? Usually it's the world's major oil-producing countries that step in when a big drop in prices roils the oil market. But these are not normal times. On Friday, a day after the Organization of the Petroleum Exporting Countries and other producers led by Russia are ...
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Airbnb's Coronavirus Crisis: Burning Cash, Angry Hosts and an Uncertain Future With travel nearly at a standstill, the home-sharing giant is facing increasing losses and doubts about its planned public listing. Airbnb co-founder and CEO Brian Chesky in 2018. Eric Risberg/Associated Press. Share; Facebook; Twitter; Permalink. By.
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Another Way to See the Recession: Power Usage Is Way Down When the economy is moving too fast for the usual indicators, the electricity grid offers a valuable clue. Recent electricity usage in the United States. -8% -6% -4% -2% +2% Feb. 5 Feb. 25 March 17 April 3 Feb. Avg. Note: Estimates represent 90 percent of ...
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SBA Under Fire for Failing to Get Aid to Struggling Small Businesses WASHINGTON—A federal program to help small companies weather the coronavirus fallout has failed to distribute funds quickly, according to lawmakers, business advocates and entrepreneurs, many of whom are counting on the aid to survive. Congress ...
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Stock market live updates: Stocks jump, Howard Marks buying, another volatile day? This is a live blog. Check back for updates. 9:30 am: Stocks jump at the open, Dow gains more than 300 points. Stocks opened higher across the board, more than making up for Tuesday's slight losses. The Dow rose 349 points for a gain of 1.5%, while the ...
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Zoom Rushes to Improve Privacy for Consumers Flooding Its Service Over the last month, the Zoom videoconferencing service has emerged as the communication lifeline of the coronavirus pandemic. But the convenience fueling Zoom's explosive popularity has come at a price. Originally a service meant for businesses, Zoom ...
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The Lesson We Are Learning From Zoom Ever since many of us started working from home in the coronavirus pandemic, I've been invited to countless gatherings taking place on Zoom, the videoconferencing app. Virtual happy hours, work meetings, dinners, you name it. I've been a no-show, and it's ...
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A truce in the oil-price war could come this week. US energy firms are still bracing for a recession. As the belligerents in the oil-price war that has upended global energy markets prepare for talks Thursday, the Trump administration is putting pressure on all sides to strike a deal to cut output even as it rules out parallel American reductions. Saudi Arabia ...
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IBM's Growing Blockchain Networks Could Strengthen Our Supply Chain In Response To COVID-19 The COVID-19 pandemic has laid bare shortcomings in how products and services change during a time of crisis. Our supply chains are stressed during human-centered events and can struggle to adapt. To make our global supply chains more resilient in the ...
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3 Recession-Beating Stocks With 46%+ Dividend Growth I know it's hard not to worry about your portfolio, and income stream, these days, but we will make our way through this crisis. When we do, your holdings will bounce back—and likely faster than the market if you hold strong dividend stocks. And, when the time ...
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