Dr. Ed's Blog

Aug 15 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 ends almost flat as record remains elusive | R
Momentum Failing High-Priced S&P 500 on Brink of Making History | B
Stocks are ignoring the lack of a stimulus package from Congress, but that could change | C
The stock market would love a Democratic sweep in November | MW
Muni Defaults Surge, but Yields Don’t Follow | W

US
Retail Spending in July Topped Pre-Pandemic Levels | W
U.S. retail sales slow in July; obstacles mount for nascent economic recovery | R
Can U.S. retail sector’s ‘V-shaped’ rebound jump the fiscal cliff? | R
Inflation is low now, but it still poses a big threat to retirees’ financial security | MW
Remote Work Is Reshaping San Francisco, as Tech Workers Flee and Rents Fall | W
These business owners won’t get full forgiveness on their PPP loans | C

US politics
Coronavirus stimulus: Trump calls for relief deal after Congress leaves | C
Capital-Gains Tax Rate Chasm Separates Trump, Biden | W
President Trump to Be Featured Each Day of GOP Convention | W
U.S. Postal Service warns of ‘significant risk’ of late ballots | R
Obama Says Trump Is Trying to ‘Kneecap’ the Postal Service | B
Homeland Security Officials Chad Wolf, Ken Cuccinelli Invalidly Appointed, Congressional Watchdog Concludes | W

Geopolitics & trade
Exclusive: U.S.-China trade deal review planned for Saturday postponed -sources | R
Exclusive: China ramps up U.S. oil purchases ahead of trade deal review – sources | R
Secret Ties Between U.A.E. and Israel Paved Way for Diplomatic Relations | W

Industries & companies
Aerospace: U.S. Probes Former NASA Official’s Contacts With Boeing Executive on Lunar Contracts | W
Autos: GM’s Efforts to Revive Fiat Chrysler Lawsuit Denied | W
FAANGs: Facebook says Apple refused to waive 30% fee on new feature
FAANGs: Why Was ‘Fortnite’ Removed From Apple and Google App Stores? | W
Financials: An AmEx Manager Says She Spoke Up About Sales Problems, Then Got Pushed to the Side | W
FinTech: Is This the Year You Finally Stop Swiping Your Credit Card? | W
Media: Russell Crowe’s ‘Unhinged’ was ‘toughest’ film release for top producer | C
Retail: Retail start-up Rent the Runway is closing all of its stores for good | C

Virus I
Bill Gates-backed vaccine maker CureVac shares nearly triple in Nasdaq debut | P
Trump on Russia’s approved ‘Sputnik V’ coronavirus vaccine: ‘We hope it works’ | C
Feds want to give away coronavirus vaccines for free | P

Virus II
Schools in Europe Reopen With Little Debate—but More Masks and Distancing | W
Reopening School During Coronavirus Means Sneeze Guards on Desks and Digital Thermometers at the Door | W
Amid Pandemic, More U.S. Adults Say They Considered Suicide | W
McKesson Tapped to Distribute Coronavirus Vaccines in U.S. | W

Offbeat
A Third of TikTok’s U.S. Users May Be 14 or Under, Raising Safety Questions | N
Innovation is seeing a major inflection point due to virus: investor | C

Aug 14 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stocks Close Lower Despite Fall in Jobless Claims | W
The stock market hasn’t seen a 100-day gain this strong since 1933 | MW
Divided stock market can’t seem to set a new record high | C
Coronavirus Projected to Sap More Oil Demand Than Expected | W

US
Weekly Unemployment Claims Drop Below One Million for First Time Since March | W
Suburban Home Prices Are Rising. But So Are Most Urban Home Prices | W
U.S. hits fiscal cliff with jobs, economic recovery in the balance | R

US policies I
White House Says Most Coronavirus Job Losses Likely to Be Temporary | W
WSJ Survey: Benefits of Extra Unemployment Aid Outweigh Work Disincentive | W
Did the expired $600 federal jobless benefit keep people from going back to work? Sudden drop in claims adds fuel to debate | MW
Coronavirus stimulus news: Congress leaves without passing relief bill | C
Waiting on that extra $400 unemployment benefit? Here’s what we know | C

US policies II
Trump’s Payroll-Tax Deferral Plans Spur Confusion | W
Trump Ties Fate of Post-Office Funding to Mail-In Voting | W
Trump lifts Obama-era regulations on climate-changing methane gas | C

US politics
Biden looks to former Fed Chair Yellen for economic advice | C
Biden, Harris set for briefing and speeches on coronavirus pandemic Thursday | NN
Trump Calls Kamala Harris a ‘Madwoman’ in Latest Attack on Biden’s VP Pick | W
Kamala Harris throws Trump off balance (opinion) | NN

Geopolitics & trade
Israel, U.A.E. Agree to Establish Formal Diplomatic Ties | W
Corporate America Worries WeChat Ban Could Be Bad for Business | W
How Trump’s war on WeChat could upend the global tech industry | NN
In China, fears of financial Iron Curtain as U.S. tensions rise | R
U.S. to Classify Beijing-Backed Confucius Institute Center as Foreign Mission | W

Industries & companies
Airlines: American Airlines could cut some flights required under federal aid terms as expiration nears | C
FAANGs: Amazon Cleared for Space Launch, but Broadband Venture Questions Remain | W
FAANGs: Elizabeth Warren wants probe of Amazon options held by Postal chief DeJoy | C
FAANGs: More than 1,200 Amazon delivery drivers laid off | C
FAANGs: Facebook and Other Tech Giants Gird for Chaotic Election | W
FAANGs: Apple kicks Fortnite out of App Store for challenging payment rules | C
Retail: What it would really take for Walmart to catch Amazon in e-commerce | C
Retail: How Coach owner Tapestry is doing better online than other retailers | C
Technology: Options market bets chip stock Applied Materials to surge on earnings | C
Transportation: Lyft Ridership, Revenue Drop Drastically Amid Rising Coronavirus Infections | W

Virus I
Dr. Fauci on U.S. coronavirus outbreak: ‘I’m not pleased with how things are going’ | C
CDC director warns America is in for the ‘worst fall…we’ve ever had’ | MW
CDC Chief Sees Urgency to Cut Covid Rate to Avoid Flu Collision | B
Beset by Coronavirus, Health Authorities Brace for Flu Season | W

Virus II
A Field Guide to Covid-19 Vaccines and Antivirals | BR
A Deadly Coronavirus Was Inevitable. Why Was No One Ready? | W
Rising Coronavirus Infections Trigger Renewed Travel Restrictions Across Europe | W
Joe Biden calls for a nationwide mask mandate to combat coronavirus | C

Virus III
Are Florida Schools Reopening During Coronavirus? Parents Can’t Tell as State and Districts Fight | W
Pentagon to Close Half Its Schools in U.S. Over Coronavirus Concerns | W
In Las Vegas, the show cannot go on | NN

Corporate finance
Fatburger Owner to Acquire Johnny Rockets for $25 Million | W
‘The Gold Standard’: Why Chinese Startups Still Flock to the U.S. for IPOs | W

Offbeat
Corporate America Worries WeChat Ban Could Be Bad for Business | W

Aug 13 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 Rallies, But Closes Below a Record | W
Warren Buffett said this metric signaled the 2001 crash — now it’s sounding the alarm on global markets | MW
The Duke professor who developed the inverted-yield-curve indicator offers advice on the right time to rebalance a 60/40 portfolio | MW
Cramer says Tesla’s stock split is good for the market because it appeals to young investors | C

Credit & commodities
Here’s a bullish case for owning bonds now — even with yields close to zero | MW
Morgan Stanley Wealth Sees Risks in Credit on U.S. Stimulus Woes | B
Rising Treasury Yields Challenge Precious Metals Rally | W

Central banks
Inflation Reading No Match for Fed’s Dovish Turn | W
Fed Officials Blame U.S. Failures on Virus for Sapping Recovery | B
Fed policymakers say economic growth will be muted until virus contained | R

US
US Consumer Price Inflation Is Even Higher for Seniors Over Age 62 | B
Gasoline Demand On the Rise in the Waning Days of Summer | B
U.S. Deficit Totaled $2.8 Trillion From October Through July, Treasury Says | W
Funding for $300-a-Week Unemployment Benefits Could Run Out in Six Weeks | W
Coronavirus-Hit State Budgets Create a Drag on U.S. Recovery | W
Start-Ups Braced for the Worst. The Worst Never Came. | N

China
China’s Xi Speeds Up Inward Economic Shift | W

US politics
Top Democrats say Mnuchin sought coronavirus meeting, showed no movement | R
Coronavirus Negotiators Remain ‘Miles Apart,’ Pelosi Says | W
Trump Weighs Replacing Mark Esper at Pentagon After Election | B
Trump Health-Care Agenda Still a Work in Progress | W
Where Kamala Harris stands on coronavirus masks, stimulus checks and other pandemic spending | C
Slavery reparations cost US government $10 to $12 trillion | C

Geopolitics & trade
U.S. Prepares Sanctions Against Hezbollah’s Allies in Lebanon | W
Taiwan Seeks to Start Free-Trade Talks With U.S. | W

Industries & companies
Aerospace: Aerospace Suppliers Brace for Hard Landing | W
Airlines: United bets on sun-seekers with new Florida flights | C
Autos: GM facility to build ventilators following $489.4M contract ending | C
FAANGs: Facebook will work with whoever wins election to address big tech fears | C
Financials: Goldman Sachs Vies for GM’s Credit Card, Betting You’ll Buy Coffee With Your Car | W
Retail: Off-Price Retailer Stein Mart Files for Bankruptcy, Plans to Close Stores | W
Transportation: Lyft Q2 2020 earnings | C
Transportation: Uber may shut down temporarily in California | C
Wireless: Smartphone Chip Giant Qualcomm Seeks 5G Riches After Bruising Antitrust Battle | W

Virus I
Accuracy of U.S. coronavirus data thrown into question as decline in testing skews drop in new cases | C
Why Is It Hard to Get a Rapid Covid-19 Test? The Machines Are in Short Supply | W
U.S. Daily Coronavirus Case Count Drops to Lowest Level Since Early August | W

Virus II
Moderna Inks $1.5 Billion Coronavirus Vaccine Deal With U.S. | W
Dr. Fauci says Russia risks ‘hurting a lot of people’ by rushing coronavirus vaccine | MW
Vaping linked to risk of COVID-19 in teens, young adults | R

Virus III
White House to unveil new anti-coronavirus steps for reopening U.S. schools, aide says | R
Dr. Sanjay Gupta: Why I am not sending my kids back to school | NN

Technology
This 30-Ton Robot Could Help Scientists Produce the Crops of the Future | W
Why Do Solar Farms Kill Birds? Call in the AI Bird Watcher | WIRED

Offbeat
Sumner Redstone Dies at 97; Media Mogul Who Said ‘Content Is King’ | W
The Big Ten’s college football postponement puts more than $700 million at risk this fall | C

Aug 12 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock futures rise after S&P 500 snaps seven-day winning streak | C
Don’t bet against the bull run due to record money supply: Tony Dwyer | C
Jim Cramer says it’s time to swap pandemic plays for the recovery stocks | C

US
Here’s how much a reduction in extra unemployment benefits could slash consumer spending | MW
This number shows reversal in chances of Main Street’s survival | C
JPMorgan’s Dimon says there will be some economic ‘scar tissue’ from coronavirus | MW

US politics
Here’s why Joe Biden chose Kamala Harris as his VP | NN
Biden-Harris to be first Democratic ticket without an Ivy League degree since 1984 | C
Blockbuster Political Conventions May Be Done for Good | W

US policies
When Will the Latest Coronavirus Unemployment Benefits Start? What We Know | W
Coronavirus stimulus updates: McConnell calls to restart relief talks | C
Employers Cast Wary Eye on Trump Payroll-Tax Deferral | W
Self-employed people may miss out on payroll tax break | C

Geopolitics & trade
China Moves to Resolve Controversy Over Delayed Hong Kong Elections | W
U.S. ban on China’s TikTok could cut it off from app stores, advertisers: White House document | C
Huawei options as U.S. sanctions cut its supply of smartphone chips | C

Industries & companies
Autos: Tesla announces five-for-one stock split | C
Cruise lines: Cruise Ship Owners Left Thousands of Workers Adrift for Months | W
Materials: Concrete, a Centuries-Old Material, Gets a New Recipe | N
Tech: Microsoft’s new Xbox launches in Nov., Halo Infinite delayed to 2021 | C

Virus I
Trump says U.S. has reached deal with Moderna for 100 million doses of coronavirus vaccine | C
Russia Registers World’s First Covid-19 Vaccine Despite Safety Concerns | W
Covid-19 Data Reporting System Gets Off to Rocky Start | W

Virus II
New Covid-19 Cases Fall Below 50,000 in U.S. for Second Straight Day | W
Georgia School District Quarantines 800 People Amid Covid Outbreak | W
Florida coronavirus deaths reach another grisly record as state grapples with testing constraints | C
This is when people with COVID-19 are at the greatest risk of spreading the virus | MW

Corporate finance
Airbnb Plans to File for IPO in August | W
Airbnb hosts are complaining about missing payments amid Covid-19 | C

Cybersecurity
TikTok Tracked User Data Using Tactic Banned by Google | W

Technology
AI Can Almost Write Like a Human—and More Advances Are Coming | W
Hotel Robots Get Second Life as Industry Adapts to Covid-19 | W
Back to School? Look Out for Covid-Tracking Surveillance Tech | W

Offbeat
Who owned the chemicals that blew up Beirut? No one will say | R
Coworking Companies Expanded Rapidly. Now They’re Retreating Fast | W

Aug 11 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Dow jumps 350 points to start week, S&P 500 inches closer to all-time high | C
China Fires a Digital Shot Off Of ‘King Dollar’s Bow | RealClearMarkets

Central banks
The Fed bought more blue-chip and junk bonds, and has started making Main Street loans | C
Fed Study Says Average Inflation May Be Better Way to Reach Goal | B
The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took | B

US
Coronavirus stimulus bill: Mnuchin open to restarting negotiations | C
Chicago Closes Parts of Downtown After Looting | W
Consumers less confident about housing, but Google searches are soaring | C
New Hampshire Governor Sununu says high taxes prompting urban flight | C
NYC will die if we don’t allow indoor dining in Midtown ASAP | P

US policies & politics
How a payroll tax holiday might ultimately cost workers more next year | C
Trump’s payroll tax cut would ‘terminate’ Social Security, critics say | C
Trump’s order to stop evictions is “toothless, at best,” expert says | C
Kodak Shares Fall as Planned $765 Million Loan Is Put on Ice | W

Geopolitics & trade
China Sanctions 11 Americans Over U.S. Moves Against Hong Kong | W
China Apple Ban Could Cost Investors Hundreds of Billions of Dollars | 24/7 Wall St.
Hong Kong Publisher Jimmy Lai Arrested Under New National-Security Law | W

Industries & companies
Aerospace: SpaceX: Starlink satellite production now 120 per month | C
Airlines: Airline shares surge as TSA numbers hit pandemic high, support for second bailout builds | C
Autos: Growth in Online Shopping and Used Cars Lifts Carvana, Attracts Competition | W
Biotech: During Covid-19 Pandemic, Biotech IPOs Already Surpass Record | W
Energy: EPA to Rescind Methane Regulations for Oil and Gas | W

Virus
Covid Vaccine: Don’t Count Merck Out of the Race Just Yet | B
Coronavirus Testing Still Not Making the Grade | W
Winter is coming: Why America’s window of opportunity to beat back Covid-19 is closing | C
U.S. Health Chief Praises Taiwan’s Covid-19 Success, Irks Beijing in Rare Visit | W
Students get suspended for posting pictures of packed halls — now the high school is closing after 9 people were infected | MW

Technology
White House to Retool Pentagon Airwaves for 5G Networks | W

Corporate finance
IAC/InterActive Bets $1 Billion on 12% MGM Resorts Stake | W
Microsoft buying TikTok could lead to problems monitoring social media content | C
KKR Sees Signs of Life in $850 Billion Private Credit Market | B

Aug 10 (Monday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock futures slip after Trump signs orders extending coronavirus relief | C
The trouble with TINA – America’s stockmarkets are flying high. Its companies still aren’t | E
To Some Investors, 10-Year Treasury Note Isn’t What It Was | W
Dollar tries to keep rally alive in a short market | R
Oil giants’ production cuts come to 1 million bpd as they post massive writedowns | R

Central banks
Fed’s Evans says another coronavirus aid package ‘incredibly important’: interview | R

US
Job Numbers Look Deceptively Good Amid Pandemic Aid Bill Impasse  | BR
Millennials Slammed by Second Financial Crisis Fall Even Further Behind | W

China
China remains a ‘bright spark,’ says real estate developer CapitaLand | C

US policies & politics
Trump signs executive order on coronavirus relief | C
Trump’s Stimulus Orders Set Off Squabble | W
$400 Per Week Unemployment Extension: Governors Cuomo, Whitmer, DeWine Respond | B
Pelosi, Mnuchin open door to narrower COVID-19 aid through 2020 | R
Why you might not see a payroll tax cut, even as Trump demands it | C
Kodak pharma deal held up over reported questions about stock move | C

Geopolitics & trade
Tech, Financial Firms Eye Ways to Save TikTok’s U.S. Operations From Ban | W
Life Without TikTok? U.S. Marketers Contemplate Their Options | W

Industries & companies
Aerospace: FAA Employees Say in Survey That Agency Is Too Cozy With Boeing  | BR
Defense: Elon Musk’s SpaceX Advances Goal of Becoming Trusted, Long-Term Military Launch Provider | W
Energy: First Solar Stock Is a Buy After Earnings. Hear’s Why | BR
Energy: BP’s green energy targets will be tough to meet | R
FAANGs: TikTok Isn’t the First—or Last—App Instagram Copies | W
FAANGs: Apple Stock Is Worth Nearly $2 Trillion. Should You Buy It?  | BR
Financials: Companies Want Access to Your Medical Files to Speed Up Life Insurance Purchases | W
Pharma: Biogen Stock Jumps as Alzheimer’s Drug Takes Another Step Toward Approval  | BR
Retail: Amazon and Mall Operator Look at Turning Sears, J.C. Penney Stores Into Fulfillment Centers | W

Virus
Bill Gates Says U.S. Coronavirus Testing Has ‘Mind-Blowing’ Problems | B
Latest Research Points to Children Carrying, Transmitting Coronavirus | W
U.S. Coronavirus Cases Surpass Five Million | W
A bigger dose – The world is spending nowhere near enough on a coronavirus vaccine | E

Cybersecurity
China targeting U.S. election infrastructure with cyberattacks, says O’Brien | R

Corporate finance
Worth an arm and a leg – Nvidia tries to get its hands on Arm | E

Offbeat
The absent student – Covid-19 will be painful for universities, but also bring change | E
That Shooting Star You See in the Sky May Well Be a Satellite | W
Everyone Is a Live-Streamer in Covid-19 Era | W

Aug 08 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. Stocks Edge Up at End of Big Week | W
Markets could be challenged by Washington stimulus talks and China tensions | C
Corporate Bond Investors Still Wary of Coronavirus Volatility | W

Central banks
Fed’s Powell continued regular meetings with Treasury’s Mnuchin in June | R
More businesses will tap Fed loan program if economy worsens, Rosengren says | R

US I
U.S. Added 1.8 Million Jobs in July | N
‘Very fragile’ jobs recovery will now depend on how safe people feel | C
Covid-19 Pandemic Triggers Wave of Long-Term Unemployment | W
U.S. earnings recovery may be faster than in previous crises | R
Buffett’s Berkshire expected to post a quarterly earnings surge as market comeback boosts portfolio | C

US II
Zillow: We’re at the beginning of a ‘great reshuffling’ to space | C
Calculating America’s eviction crisis: Up to 40 million people are at risk of being kicked out of their homes | MW
In New York, a city of renters, landlords struggle amid coronavirus | CS Monitor
Beyond Coronavirus Stimulus Act Relief, Struggling Homeowners Have Mortgage Payment Options | W

China
China Becomes a Refuge for U.S. Companies After Overcoming Covid-19 | W

US policies
White House rejects Democrats’ offer for $2 trillion stimulus price tag | NN
Next coronavirus aid package probably won’t become reality this month after better-than-expected July jobs report, analyst says | MW

Geopolitics & trade I
Canada to impose tariffs on $2.7 billion in U.S. goods after Trump reignites trade feud | C
U.S. Sanctions Chinese Officials Over Hong Kong Policy—Including Carrie Lam | W
U.S. intel: Russia trying to hurt Biden, but China, Iran don’t want Trump | C

Geopolitics & trade II
U.S. Broadens Attack on Chinese Internet Giants With WeChat Order | W
Targeting WeChat, Trump Takes Aim at China’s Bridge to the World | N
Buying TikTok Is One Challenge for Microsoft. Making It Work Is Another. | W

Industries & companies
Autos: Auto-Lending Binge Threatens to Unwind When Stimulus Measures Ease | W
FAANGs: Coronavirus Hobbled Amazon. How the Tech Giant Rebounded for Its Best Earnings Ever. | W
Financials: Goldman Sachs Restates Earnings After $3.9 Billion Malaysia Settlement | W
Shipping: UPS Plans Hefty Holiday Fees Amid Coronavirus-Related Shipment Surge | W

Virus I
Fact Check: Will there be a coronavirus vaccine by November? It’s Possible. | NN
Coronavirus vaccine: Dr. Fauci says chance of it being highly effective is not great | C
Hawaii reinstates coronavirus restrictions: ‘There’s no question that the virus is surging’ | C

Virus II
All New York schools meet state standard to open for in-person classes, Governor Cuomo says | R
Open the schools — or kiss the economy goodbye | P
St. Louis Cardinals Cancel Game After More Positive Tests | B

Cybersecurity
U.S. Government Contractor Embedded Software in Apps to Track Phones | W

Offbeat
This High-Design Personal Submarine Is The Must-Have Accessory For Summer | F
Bill Gates: Climate crisis looms and it could be worse than the coronavirus | MW
Cushman & Wakefield CEO on remote work after the coronavirus | C

Aug 07 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Goldman Says Covid-19 Vaccine Approval Could Upend Markets | B
Amazon and Tesla Take Off as Small Investors Embrace Fractional-Share Trading | W
Asia Has a Wild Tech Rally of Its Own | W

Central banks
Fed’s Brainard lays out central bank’s instant payment framework | R
Fed’s Kaplan says small businesses need more financial help | R

US I
Economists predict U.S. added 1.7 million jobs in July, but admit it’s largely a guess. Here’s what worries them | MW
U.S. Jobless Claims Fell to 1.2 Million in Latest Week | W
In California, 57% filing for unemployment lost their jobs again | C
The Underemployment Crisis | Atlantic
The Workforce Is About to Change Dramatically | Atlantic

US II
More signs point to U.S. economic recovery losing momentum | R
Mortgage rates hit another record low, but homes still less affordable | C
More Farmers Declare Bankruptcy Despite Record Levels of Federal Aid | W

US politics
Coronavirus stimulus updates: McConnell, Pelosi expect deal, but gap remains | C
Liability Shield Is a Stumbling Block as Lawmakers Debate Relief | N
Trump Campaign Raises $165 Million in July, $25 Million More Than Biden’s | W
Facebook, Twitter Take Down Video of Trump Saying Children ‘Almost Immune’ From Covid-19 | W
Some foreign workers were sent stimulus checks in error | C

Geopolitics & trade
Trump to Sign Executive Order to Boost U.S. Production of Essential Medicine | W
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws | W

Industries & companies
Airlines: Delta Bets on Clean Jets to Grab Market Share, Pare Cash Burn | B
Autos: GM’s push to compete with Tesla begins with Cadillac Lyriq crossover debut Thursday | C
Consumer: Nintendo’s Pandemic Bonanza: a Billion-Dollar Profit | W
FAANGs: Coronavirus Hobbled Amazon. How the Tech Giant Rebounded for Its Best Earnings Ever. | W
FAANGs: Facebook rallies more than 5% following launch of TikTok competitor Instagram Reels | C
Healthcare: Bausch Health to Spin Off Eye-Care Business | W
Materials: Glencore Scraps Dividend, Posts Loss as Coronavirus Saps Demand | W
Media: $30 to watch ‘Mulan’ on Disney+ is either outrageous or an amazing deal, depending on who you ask | MW
Media: ‘Mulan’ went to Disney+ out of necessity, won’t become the norm | C
Pharma: Fortunes Won and Lost Trading in Kodak Stock: Inside a Wild Week | W

Virus
U.S. Daily Coronavirus Case Count Stays Well Below Recent Highs | W
Early Coronavirus Vaccine Supplies Likely Won’t Be Enough for Everyone at High Risk | W
Trump says it’s possible U.S. could have coronavirus vaccine before 2020 election | C
Use of facemasks during the COVID-19 pandemic | Lancet
US State Department lifts global ‘Do Not Travel’ advisory | NN
Ohio Gov. Mike DeWine tests positive for coronavirus ahead of Trump visit | C

Cybersecurity
Banking Regulator Fines Capital One $80 Million Over 2019 Hack | W

Corporate finance
Amazon, Apple, Google emails: Most revealing antitrust finds | C

Offbeat
Watch out, FIRE fans: New reports say retiring early can give you Alzheimer’s | MW

Aug 06 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: S&P 500 closes higher for a fourth day, now just 2% from its February record as Disney rallies | C
Stocks Rise on Hopes for New Coronavirus-Relief Package | W
OPEC Middle East Oil Flows Edge Higher on Easing of Output Cuts | B

Central banks
The ballooning money supply may be the key to unlocking inflation in the U.S. | C
Fed policymakers say pickup in infections slowing U.S. economic recovery | R

US
ADP private payroll growth at 167,000 in July, well below expectations | C
4 million older workers will be pushed out of the workforce by October | MW
Businesses Thought They Were Covered for the Pandemic. Insurers Say No. | N
Why Your House Could Be Your Best Performing Asset Class | W
Grocery prices have increased since the beginning of the pandemic| NN

US policies & politics
Stimulus Package Latest: Democrats Demand More White House Concessions | B
Coronavirus stimulus bill updates: White House increases unemployment offer | C
Coronavirus stimulus: Romney, Collins, McSally unveil unemployment bill | C
Lapse in Extra Unemployment Benefits to Hurt U.S. Recovery, Economists Say | W
Joe Biden Won’t Travel to Milwaukee for Democratic National Convention | W

Japan
Coronavirus Leads Japan to Lock Borders, Shutting Out Foreign Workers | N

Industries & companies
Aerospace: Boeing Gains After CFO Downplays Need for Additional Liquidity | B
Airlines: Coronavirus Has Upended Everything Airlines Know About Pricing | W
Airlines: Coronavirus: Republican senators push for $25 billion in additional airline job aid as virus continues to hit demand | C
Biotech: With Biotech Stocks, Investors Love the Thrill of the Chase | W
Media: Disney shakes up streaming approach after losing nearly $5 billion due to pandemic | MW
Media: Disney streaming subscribers shows massive growth | C
Media: ‘Harry Potter’ Bolts HBO Max for Peacock | W
Media: Roku: TV ad spend won’t recover until ‘well into 2021’ | C
Retail: Wayfair Posts Profit as Online Pandemic Shoppers Spend on Their Homes | W
Tech: Samsung Unveils Flagship Galaxy Note 20 With $1,000 Price Tag | W

Geopolitics & trade
How the U.S. Ceded Control of Drug Supplies to China | W
Opinion | Is Microsoft Sure It Wants to Buy TikTok? | N
Instagram’s Short-Video Feature Reels Debuts in U.S. as Threats to TikTok Mount | W

Virus
Fauci expects tens of millions of coronavirus vaccine doses at start of 2021 | R
New York City to enforce traveler quarantine with COVID-19 checkpoints | R
California Bungles Its Fight Against Covid | W
Florida’s Elder-Care Facilities Buckle as Covid-19 Deaths Climb | W
First U.S. app using Apple-Google coronavirus notification technology | C

Corporate finance
Tech IPOs brush aside 2020 election concerns, coronavirus | C
Teladoc acquires Livongo, creates $37 billion health-tech company | C
Quicken Loans Parent Expected to Price IPO at $18 | W
J.C. Penney lenders seek higher bids for bankrupt retailer, report says | C

Offbeat
Beirut blast damage is in the ‘billions,’ central bank to offer interest-free loans | C
Beirut Explosion: Probe Focuses on Why Tons of Explosives Were Stored at Port | W

Aug 05 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock futures flat as investors await stimulus bill | C
Interest Rates Are Low, but Loans Are Harder to Get. Here’s Why. | N

Central banks
The Fed is expected to make a major commitment to ramping up inflation soon | C

US
Motor vehicles power U.S. factory orders in June | R
Many parents may have to stop working entirely if schools don’t reopen, Goldman Sachs says | NN

US politics
Coronavirus stimulus bill updates: Democrats report progress, McConnell would support deal | C

Geopolitics & trade
China pursues economic self-reliance as external risks grow: advisers | R
China, U.S. to review trade deal, air other grievances on August 15: sources | R
Microsoft CEO Nadella Wades Into U.S.-China Tensions in TikTok Pursuit | W
Health and Human Services Secretary Alex Azar to Visit Taiwan | W

Industries & companies
Autos: Cramer: The electric vehicle bubble, minus Tesla, has ‘started to burst’ | C
Pharma: Exclusive: U.S. pursues nearly $13 billion of claims in Purdue Pharma opioid probes, sources say | R
Media: Disney Earnings Report Reveals Rare Loss | W
Media: Coronavirus shut down theme parks, costing Disney $3.5 billion | C
Media: Disney’s ‘Mulan’ coming to Disney+ in September for $29.99 | C

Virus
Novavax Covid-19 Vaccine Produces Positive Results in First-Stage Study | W
Coronavirus vaccine: Novavax generates promising immune response in early stage trial | C
Coronavirus pandemic lowered emergency room visits: why? | C
How to Think Like an Epidemiologist | N

Corporate finance
Google’s $2.1 Billion Fitbit Deal Faces Troubles in Europe, Australia | W
Virgin Atlantic Files for Bankruptcy Protection in the U.S. | W

Technology
For Robots, It’s a Time to Shine (and Maybe Disinfect) | N

Cybersecurity
NSA Warns Cellphone Location Data Could Pose National-Security Threat | W

Offbeat
Beirut explosion: Massive blast at port rocks Lebanese capital | C
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal | C