May 08 (Friday)

YRI
Morning Briefing PDF 
Daily Markets

Markets
US stock futures rise slightly after Nasdaq Composite claws back 2020 losses, jobs report ahead C
The economy is in free fall. So why isn’t the stock market?
Stay-at-home stocks Amazon, Microsoft lift Nasdaq into gain for 2020 R
Nasdaq Composite Index Erases 2020 Losses W
Two-Year Treasury Yield Now at Record Low W

Central banks
As U.S. states start to reopen, Fed official sees little sign of economic resurgence R

US
Unemployment Data Point to a Record Wave of Job Losses W
This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic C
Companies got emergency government loans despite having months of cash R

China
China Counters Coronavirus Crunch With a Surprise Rise in Exports W
China’s WeChat Monitors Foreign Users to Refine Censorship at Home W

US politics
House Democrats Close In on New Stimulus Proposal W
GOP groups to use Biden sex assault allegation, Kavanaugh treatment against Democrats in key Senate races C
‘The best we’re going to do is a slow recovery,’ ex-Treasury Secretary Lew says C

Industries & companies
Agriculture: The meat supply chain is broken. Here’s why shortages are likely to last during the coronavirus pandemic C
Agriculture: Why Meatpacking Plants Have Become Covid-19 Hot Spots
Agriculture: The great potato giveaway: U.S. farmers hand out spuds to avoid food waste R
Airlines: Frontier Airlines to check passenger temperatures. Too high, you won’t fly C
Airlines: Cargo carriers reap rewards of coronavirus chaos C
eCommerce: ‘It was suddenly Cyber Monday’ — Etsy CEO says sales spiked 79% in April C
Energy: Inside the Biggest Oil Meltdown in History
Tech: Uber reports massive losses, and big layoffs hit Silicon Valley’s lucrative start-up sector: CNBC After Hours C
Tech: Uber shares shoot up after CEO says ride volume is increasing again after April bottom C

Virus I
Daily Coronavirus-Case Count Surges W
California identifies nail salons as source of coronavirus community spread, Gov. Newsom says C
Sweden Avoided a Coronavirus Lockdown. Its Economy Is Hurting Anyway. W
Coronavirus Hijacks the Body From Head to Toe, Perplexing Doctors W

Virus II
Among New Coronavirus Antibody Tests, Limited Value and Many Unknowns W
Antimalaria Drug Doesn’t Help Treat Covid-19, Study Finds W

Corporate finance
Neiman Marcus, the Retailer to the Rich, Files for Bankruptcy W
Neiman Marcus’s attempt to manage crushing debt undone by COVID-19 R