‘I’ve been invisible this entire time and now we matter’: A day in the life of a 22-year-old supermarket worker during the coronavirus outbreak

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Charlotte Gilgallon Supermarket workers in the UK have been classified as “key workers” in the coronavirus pandemic, meaning they must continue going to work to keep the country running. Staff were thrown into hostile situations when panic-buying reached its peak in March, though things have since calmed down. The UK has extended its lockdown into … Read more

‘The great meltdown’: A prominent bear says investors are dismissing a rare drop in consumer prices — and warns it could be more damaging to markets than the pending recession

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Brendan McDermid/Reuters Investors are not paying enough attention to the possibility that deflation — a sustained decline in prices — could hit the US economy, said Albert Edwards, a global strategist at Societe Generale. A gauge of consumer prices that excludes volatile food and energy costs turned negative in March for the first time since … Read more

The coronavirus pandemic has hit the Greek tourism sector hard with 65% of hoteliers saying they could face bankruptcy

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iStock / Freeartist 65% of Greek hoteliers say that bankruptcy of their business is either “likely” or “most likely,” according to a study by the Hellenic Chamber of Hotels, a government body that represents the Greek hotel industry. Speaking to Business Insider, Alexandros Vassilikos – the president of the Hellenic Chamber of Hotels – said … Read more

Warren Buffett’s financial crisis bailouts inspired the US government’s ‘big 4’ airline rescue deals

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AP Photo/Nati Harnik Warren Buffett’s financial-crisis bailouts inspired a key element of the US government’s rescue deals with the “big four” airlines this week. The famed investor invested billions in the likes of Goldman Sachs and demanded warrants in return, which he used to buy their shares at a discount years later and make a … Read more

After one month of coronavirus lockdown, more than 50% of Los Angeles is now unemployed

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REUTERS / Lucy Nicholson More than half of the population of Los Angeles are now unemployed, according to a national survey from the USC Dornsife Center for Economic and Social Research. Researchers found that only 45% of LA workers are still employed, compared with 61% in mid-March as 1.3 million people have lost their jobs … Read more

A 47-year market vet explains why he sees the economy’s ‘super-cycle’ hurtling towards depression — and lays out his case for an 80% stock plunge later this year

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Getty Images / Johannes Eisele David Hunter, the chief macro strategist at Contrarian Macro Advisors, thinks the economy is nearing a cataclysmic bust that will ultimately result in an 80% stock market decline.  Hunter cites unprecedented amounts of debt, the inability to service that debt, economies running at a fraction of their capacity, and extended … Read more

Twitter loses six year long battle to reveal government surveillance requests

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U.S. District Judge Yvonne Gonzalez has granted the government’s request to dismiss Twitter’s (NYSE:TWTR) lawsuit to allow revealing government surveillance requests as a part of its “Draft Transparency Report” citing “would be likely to lead to grave or imminent harm to the national security,” reports Reuters. The six year long legal battle by Twitter where … Read more

Republic Services, Inc. Reschedules First Quarter 2020 Earnings Release and Conference Call to May 5

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PHOENIX, April 17, 2020 /PRNewswire/ — Republic Services, Inc. (NYSE: RSG) announced today that it has rescheduled the release of its first quarter 2020 financial results and investor conference call previously scheduled for April 30, 2020. The earnings release has been rescheduled to Tuesday, May 5, 2020, after the market closes. The Company will also host … Read more

Announcing Choose Your Own Adventure Baby Board Books

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WAITSFIELD, Vt., April 17, 2020 /PRNewswire/ — Chooseco, publisher of the world-famous Choose Your Own Adventure® gamebook series announced the September 2020 release of board books based on the classic interactive books. The publisher launched the new “Choose Your Own Adventure: Your First Adventure” series with adaptations from bestselling titles: The Abominable Snowman, Journey Under The Sea, and Space And … Read more

Maguire Associates Selects John J. Bonanno As CEO

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CONCORD, Mass., April 17, 2020 /PRNewswire/ — Marking a strategic and timely transformation, Maguire Associates announces the appointment of John J. Bonanno as chief executive officer. Bonanno succeeds Linda Cox Maguire in a long-planned leadership transition, adding his extensive experience in education management, management consulting, and digital marketing for academic institutions. Bonanno noted, “I am honored to … Read more

Dishwasher Tablet Market Size Worth $904.1 Million by 2027 | CAGR: 8.4%: Grand View Research, Inc.

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SAN FRANCISCO, April 16, 2020 /PRNewswire/ — The global dishwasher tablet market size is expected to reach USD 904.1 million by 2027, expanding at a CAGR of 8.4% in the forecast period, according to a new report by Grand View Research, Inc. Rising awareness about hygiene and cleanliness among consumers and energy and water saving attributes … Read more

New Report Shows Hamstrung COVID-19 Response was Years in the Making

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WASHINGTON, April 16, 2020 /PRNewswire/ — Chronic underfunding of the nation’s public health and emergency preparedness systems has made the nation vulnerable to health security risks, including the novel coronavirus pandemic, according to a new report released today by Trust for America’s Health. The report, The Impact of Chronic Underfunding on America’s Public Health System: … Read more

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