May 19 (Tuesday)
YRI
YRI Video Podcast on April’s Retail Sales
Morning Briefing PDF
Daily Markets
Markets
As more Americans emerge from lockdown, virus vaccine potential lifts markets R
The S&P 500 is up 3% over the past 12 months as the market’s resilience continues to mystify many C
The Oil Market Is Betting People Want Crude for Christmas W
Coronavirus Short-Selling Bans Are Lifted Across Europe W
Central banks
Powell is correct that the Fed is not out of ammunition ‘by a long shot’ C
US
Harvard’s Financial Crisis Experts: This Time Really is Different B
COVID-19 child care crisis: Who will watch kids when nation reopens? USA
Small businesses can apply for PPP loan forgiveness. Questions remain C
Mark Cuban on Why the Government Should Directly Hire Millions of People B
Mayor Svante Myrick sees ‘cataclysmic trouble’ if Cornell, Ithaca College do not reopen campuses C
China
Mark Zuckerberg warns about China’s ‘dangerous’ approach to internet C
Europe
German Auto Lenders Under Scrutiny as Crisis Erodes Car Values B
US politics
How Donald Trump wins the 2020 presidential election, in 3 sentences NN
Geopolitics & trade
China Pitches for Global Leadership Role in Coronavirus Fight W
Huawei Braces for Latest U.S. Hit, but Some Say Loopholes Remain W
Industries & companies
Airlines: The New Airline Travel: Fewer Flights, More Layovers, Rules for Bathrooms W
Autos: Tesla’s Production Restart Could Ease Path to Inclusion in S&P 500 Index W
Retail: Retailers are rushing to get online. But that brings new challenges C
Tech: Uber Cuts 3,000 More Jobs, Shuts 45 Offices in Coronavirus Crunch W
Virus I
Moderna reports positive data on coronavirus vaccine trial, shares surge C
Xi Vows China Will Share Vaccine and Gives WHO Full Backing B
Coronavirus live updates: Routine vaccinations fall off; a third of small businesses won’t reopen C
Virus II
Coronavirus infection isn’t just about hygiene and distance. It’s about time, too. NN
Summer weather and coronavirus: It may slow spread but won’t halt pandemic WP
Coronavirus ‘highly sensitive’ to high temperatures, but don’t bank on summer killing it off, studies say SCMP
Brazil, Now Fastest Growing Virus Hotspot, Is Only Getting Worse B
Corporate finance
SoftBank values WeWork at $2.9 billion, down from $47 billion a year ago C
Peet’s Coffee Owner Brews $2.2 Billion IPO W
SoftBank in Talks to Sell T-Mobile Shares to Deutsche Telekom W
JCPenney will close nearly 30% of its stores as part of its bankruptcy plan NN
Offbeat
President Trump Says He Is Taking Hydroxychloroquine as Preventive W
Hurricane Season List of Storms: Arthur Becomes First of 2020 B
Add the death of common sense to the coronavirus’s toll
