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Showing posts from June, 2020

Finance News

Financial Markets and Regulators Are Still in the Dark on Climate Change - Center for American Progress https://www.americanprogress.org/issues/economy/reports/2020/06/29/486893/financial-markets-regulators-still-dark-climate-change/?emci=f256a0df-57ba-ea11-9b05-00155d039e74&emdi=85f3b29b-58ba-ea11-9b05-00155d039e74&ceid=726077 Gilead sets price of coronavirus drug remdesivir at $3,120 as Trump administration secures supply for 500,000 patients https://www.washingtonpost.com/business/2020/06/29/gilead-sciences-remdesivir-cost-coronavirus/ Federal Reserve program could buy corporate debt from Apple and subsidiaries of foreign-based firms, prompting questions of whom relief effort should serve https://www.washingtonpost.com/business/2020/06/29/fed-corporate-bond-apple/ Oil major Shell to write down up to $22 billion of assets in second quarter https://www.cnbc.com/2020/06/30/shell-to-write-down-assets-worth-up-to-22-billion-in-q2.

Finance News

Chesapeake Energy, once a power in natural gas, files for bankruptcy https://www.washingtonpost.com/business/2020/06/28/chesapeake-energy-once-power-gas-business-files-bankruptcy/     President Trump and Republicans are the radicals on health care https://wapo.st/2BFFXDy?tid=ss_tw     The Investment Perspectives Blog is at: https://tinyurl.com/blogfin062920 with 2 finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest . This blog is produced daily. Twitter: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

How Robert F. Smith helped thousands of minority-owned small businesses secure urgent aid in Washington https://www.washingtonpost.com/business/how-a-billionaire-helped-thousands-of-minority-owned-small-businesses-secure-urgent-aid-in-washington/2020/06/24/df623ddc-affd-11ea-8758-bfd1d045525a_story.html Zombie philanthropy: The rich have stashed billions in donor-advised charities — but it’s not reaching those in need https://www.washingtonpost.com/lifestyle/style/zombie-philanthropy-the-rich-have-stashed-billions-in-donor-advised-charities--but-its-not-reaching-those-in-need/2020/06/23/6a1b397a-af3a-11ea-856d-5054296735e5_story.html Perspective | No, the IRS should not try to claw back $1.4 billion sent to dead people https://www.washingtonpost.com/business/2020/06/26/stimulus-dead-people/ Real Estate Agents Return to Work as City Reopens https://www.nytimes.com/2020/06/24/realestate/phase-2-showings.html?smid=tw-share ‘We Live From the Tourists’: Orlando Workers

Finance News

Job Losses Drive Nearly A Half-Million Americans To Sign Up For ACA Exchange Plan Since Open Enrollment https://khn.org/MTEyNTg4Mw via @khnews   Mental Health Industry Stretched To Breaking Point, Report Finds https://khn.org/MTEyNTk4Ng via @khnews Bowing to pressure, Facebook will start labeling violating posts from politicians. But critics say it’s not enough. https://www.washingtonpost.com/technology/2020/06/26/facebook-hate-speech-policies/     Fortune: How to Reopen https://fortune.com/packages/special-edition-how-to-reopen/?utm_source=Iterable&utm_campaign=campaign_1315058&utm_medium=reader Coming out of a crisis, the boldest companies win https://fortune.com/2020/06/25/coronavirus-business-opportunities-spending-mergers-acquisitions-research-development-recruiting/   How Many Uninsured Adults Could Be Reached If All States Expanded Medicaid? - Data Note https://www.kff.org/a2fd6f1/      Europe prepares to reopen to foreign trav

Finance News

Trump Administration Asks Supreme Court to Strike Down Affordable Care Act https://www.nytimes.com/2020/06/26/us/politics/obamacare-trump-administration-supreme-court.html?smid=tw-share Canary in a Coal Mine? A Look at Initial Data on COVID-19’s Impact on U.S. Hospitals https://www.commonwealthfund.org/publications/issue-briefs/2020/jun/canary-in-a-coal-mine-initial-data-covid-19-impact-hospitals#.XvUAAPrloqg.twitter Facebook ad boycott: ‘It’s not going to do anything to the company financially’ https://fortune.com/2020/06/24/facebook-ads-boycott-revenue-predictions/ Amazon Establishes Counterfeit Crimes Unit to Bring Counterfeiters to Justice | Business Wire https://www.businesswire.com/news/home/20200624005161/en/Amazon-Establishes-Counterfeit-Crimes-Unit-Bring-Counterfeiters#.XvS76FWeiYY.twitter Slack Connect lets up to 20 organizations chat in one channel https://venturebeat.com/2020/06/24/slack-connect-lets-up-to-20-organizations-chat-in-one-channel/  via @

Finance News

US Nurses At For-Profit Hospital Chain To Strike Over Cuts And PPE Shortages https://khn.org/MTEyMzUxNQ via @khnews Doctors Concerned Rural Health Care Will Be Affected By Trump's Visa Freeze https://khn.org/MTEyNDA0MA via @khnews   Judge Upholds Trump's Transparency Policy That Would Force Hospitals To Reveal Negotiated Prices https://khn.org/MTEyNDA0NA via @khnews Insurers Not On The Hook For Diagnostic COVID Tests Mandated By Employers, Administration Rules https://khn.org/MTEyNDI0NA via @khnews IMF says global economic collapse caused by coronavirus will be even worse than feared https://www.washingtonpost.com/business/2020/06/24/imf-global-economy-coronavirus/   Segway stops production, marking the end of a scooter era https://www.washingtonpost.com/technology/2020/06/24/segway-stops-production/   Bayer, maker of Roundup weedkiller, agrees to pay $10 billion in cancer settlements https://www.washingtonpost.com/business/2020/06/24/bayer-mak

Finance News

Pandemic Forced Insurers To Pay For In-Home Treatments. Will They Disappear? https://khn.org/MTExMzE1OA via @khnews   Here’s one more economic problem the government’s response to the virus has unleashed: Zombie firms https://www.washingtonpost.com/business/2020/06/23/economy-debt-coronavirus-zombie-firms/     Twitter slaps another warning label on Trump tweet about force https://www.washingtonpost.com/technology/2020/06/23/twitter-slaps-another-warning-label-trump-tweet-about-force/     Analysis | The Technology 202: Tech leaders say Trump's immigration crackdown will be bad for business https://www.washingtonpost.com/news/powerpost/paloma/the-technology-202/2020/06/23/the-technology-202-tech-leaders-say-trump-s-immigration-crackdown-will-be-bad-for-business/5ef1113f88e0fa32f82400e3/?tid=ss_tw Perspective | The IRS just made it easier to take out a loan or withdraw money from your retirement account https://www.washingtonpost.com/business/2020/06/23/irs-just

Finance News

‘The roads can’t handle that many cars’: Employers fear gridlock, economic toll if workers shun Metra, L over COVID-19 risks https://www.chicagotribune.com/columns/ryan-ori/ct-biz-coronavirus-return-to-offices-transportation-ryan-ori-20200619-o4fz3psx6zbmljjpw32bgwpiqm-story.html    Trump, citing pandemic, orders limits on foreign workers, extends immigration restrictions through December https://www.washingtonpost.com/immigration/trump-immigration-workers-coronavirus/2020/06/22/3b969e88-b489-11ea-9b0f-c797548c1154_story.html     Supreme Court affirms SEC’s ability to recoup profits from fraud but places limits https://www.washingtonpost.com/politics/courts_law/supreme-court-affirms-secs-ability-to-recoup-profits-from-fraud-but-places-limits/2020/06/22/dfe8a9e6-b488-11ea-aca5-ebb63d27e1ff_story.html As movie theaters reopen, they’re tackling a role they never expected to play: Psychologist https://www.washingtonpost.com/business/2020/06/22/movie-theaters-reopen-theyre-t

Finance News

‘They Just Dumped Him Like Trash’: Nursing Homes Evict Vulnerable Residents https://www.nytimes.com/2020/06/21/business/nursing-homes-evictions-discharges-coronavirus.html?smid=tw-share China suspends imports of poultry from Tyson plant over coronavirus concerns https://www.cnbc.com/2020/06/21/china-suspends-imports-poultry-tyson-plant-covid-19.html?__source=sharebar|twitter&par=sharebar U.S. banks are ‘swimming in money’ as deposits increase by $2 trillion amid the coronavirus https://www.cnbc.com/2020/06/21/banks-have-grown-by-2-trillion-in-deposits-since-coronavirus-first-hit.html?__source=sharebar|twitter&par=sharebar     The Investment Perspectives Blog is at: https://tinyurl.com/blogfin062220 with 3 finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest . This blog is produced daily. Twitter: @thinvestmentpe1 #Invest #Invest Education #FinEd   

Finance News

The demise of America’s malls can deal a blow to the towns that depend on them https://www.cnbc.com/2020/06/20/how-mall-closings-in-america-hurt-the-towns-depending-on-them.html?__source=sharebar|twitter&par=sharebar AMC reverses course, will require guests to wear masks at its theaters https://www.cnbc.com/2020/06/19/amc-says-masks-will-not-be-required-to-avoid-political-controversy.html?__source=sharebar|twitter&par=sharebar The Investment Perspectives Blog is at: https://tinyurl.com/blogfin062120 with 2 finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest . This blog is produced daily. Twitter: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

The black-white wealth gap is unchanged after half a century https://www.economist.com/united-states/2019/04/06/the-black-white-wealth-gap-is-unchanged-after-half-a-century Apple still has a lot of room to grow in the $3.5 trillion health care sector https://www.cnbc.com/2020/06/20/apple-still-has-a-lot-of-room-to-grow-in-health-care.html?__source=sharebar|twitter&par=sharebar The Investment Perspectives Blog is at: https://tinyurl.com/blogfin062020 with 2 finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest . This blog is produced daily. Twitter: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

Anxiety About Losing Insurance Drives Many Ill Or Vulnerable People Back Into The Workplace https://khn.org/MTEyMTQzNg via @khnews If You’ve Lost Your Health Plan In The COVID Crisis, You’ve Got Options https://khn.org/MTExNTA5MA via @khnews A Tidal Wave of Bankruptcies Is Coming https://www.nytimes.com/2020/06/18/business/corporate-bankruptcy-coronavirus.html?smid=tw-share     Facebook removes Trump ads with symbol once used by Nazis to designate political prisoners https://www.washingtonpost.com/politics/2020/06/18/trump-campaign-runs-ads-with-marking-once-used-by-nazis-designate-political-prisoners/     ‘It’s very discouraging’: America’s new $600 billion rescue program for small businesses is off to a rocky start https://www.washingtonpost.com/business/2020/06/18/fed-main-street-lending/     Target to raise its minimum wage to $15 permanently in July https://www.baltimoresun.com/business/ct-biz-target-minimum-wage-pay-permanent-20200618-fpf2s2b5jncx3c7jmzv