Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column that will highlight a notable recipe from new cookbooks and the hack that makes them genius. American home kitchens are in an unprecedented moment, where the most pedestrian supermarket staples can be as valuable as finicky homemade products. A household’s most prized possessions […]
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Scientists Question Study Linking Malaria Drugs to Covid Risks
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. Scientists are raising questions about a study that linked antimalarial drugs to increased heart risks and death among Covid-19 patients. The study, published last week in The Lancet medical […]
Twitter fact-checks Trump's tweets for the first time
Washington (CNN)President Donald Trump signed an executive order targeting social media companies on Thursday, days after Twitter called two of his tweets “potentially misleading.” Speaking from the Oval Office ahead of signing the order, Trump said the move was to “defend free speech from one of the gravest dangers it has faced in American history.” […]
Govt considers regulating air-ticket prices after lockdown
The move if implemented, will be a temporary measure to protect both consumers and airlines. A section of airline executives and experts, however, warned that any intervention in pricing would be counterproductive. The government is considering temporarily setting caps and floors on airfares once air transport resumes after the lockdown, in a bid to “protect […]
John Krasinski Defends Selling ‘Some Good News’ YouTube Show To ViacomCBS
John Krasinski has spoken out against the social media complaints regarding his decision to sell the popular YouTube show Some Good News to ViacomCBS. Speaking on former The Office co-star Rainn Wilson’s Instagram Live show, Hey There, Human, Krasinski said he never intended to continue the show beyond eight episodes. The director of A Quiet Place […]
A recession may be inevitable. Here's why
(CNN)Apple will close all stores outside of Greater China until March 27 to help stop the spread of coronavirus, Apple CEO Tim Cook said Saturday. The company will also commit $15 million to help with the worldwide recovery from coronavirus, he said, “both to help treat those who are sick and to help lessen the […]
‘Star Wars’ Galaxy’s Edge VR Experience In The Works From Lucasfilm, Facebook’s Oculus
With social distancing requirements apt to give a boost to virtual reality, especially in public places like theme parks, Lucasfilm and Oculus VR specialists are joining forces for a new Star Wars attraction. Star Wars: Tales from the Galaxy’s Edge is an original story that will include multiple styles of gameplay and difficulty settings, according […]
Virus Deaths Hit 100,000 and U.S. Funeral Business Is in Trouble
It’s one of the strange new realities of this deadly pandemic: The funeral industry, of all things, is getting crushed. In fact, business is so bad that funeral directors worry it might never fully recover. The reason: For many, Covid-19 has made large, traditional funeral services a thing of the past, at least for now. […]
U.S. Stocks May Give Back Ground In Early Trading
Stocks may move to the downside in early trading on Thursday, giving back some ground following the strong upward move seen in the previous session. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 68 points. Profit taking may contribute to initial weakness […]
Algo traders find relief as volumes stabilise
The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May. Traders using stock market algorithms have found respite as volumes start to stabilise, after a sharp […]