https://news.yahoo.com/coronavirus Emily Cunningham and Maren Costa, who were both web designers at Amazon, were fired last month after they organized a virtual town hall for Seattle colleagues to hear from the company’s low-paid and largely uninsured warehouse staff. Those workers, Cunningham and Costa said, are toiling in the trenches amid a pandemic that is goosing […]
“Recognize that there are going to be social distancing practices at the airport. So there’s no running to the gate at the last minute,” said Sara Nelson, the international president of the Association of Flight Attendants-CWA in an interview with Yahoo News. From her remote location for this interview, Nelson sat with a photo behind […]
It’s understandable why so many American manufacturers moved their operations to China. They saved money on production, increased margins, and competed more effectively. Producing abroad is still more economical, but COVID-19 is reminding everyone, from President Donald Trump on down to the average Joe and Jane, that national defense and health security comes before profits. […]
Believe it or not, short-term interest rates currently are above average. I bet you think that’s a typo. Didn’t interest rates just plunge to levels that are far lower than at any other time in U.S. history? The answer is “yes,” when you focus on nominal interest rates. Once you focus on rates on an […]
The humorist Will Rogers famously remarked that the return of his capital was more important than the return on his capital. Income and capital return are connected. Asset prices reflect future earning streams. Unfortunately, in this coronavirus-plagued world, income is becoming a problem. Unless assets are sold, investment income comes from interest, rents or dividends, […]
Is Walt Disney Co. a value stock? Many believe it is, since it satisfies many of the criteria for a high-quality stock with relatively low valuation. Prior to the pandemic, for example, Disney’s forward-looking P/E ratio was around 16— below that of the S&P 500 SPX, +1.68% . Fast forward 12 months, and “Disney’s financial […]
LOUISVILLE, Ky. — When former Vice President Joe Biden traveled to Kentucky in 2018 to stump for fellow Democrat Amy McGrath, he challenged voters to look in the mirror. “The question isn’t who Donald Trump is,” Biden told the crowd. “We know who he is. The question is: Who are we?” Now, Democrats – including McGrath as […]
President Trump on Friday broke with health experts, telling reporters that the coronavirus will “go away without a vaccine.” “This is going to go away without a vaccine, it’s gonna go away, and we’re not going to see it again, hopefully, after a period of time,” Trump said at the White House. “You may have […]
A day after the arrests of father and son Gregory and Travis McMichael in the killing of Ahmaud Arbery in Georgia, the head of a state law-enforcement agency said a neighbor who recorded a video of the shooting is also being investigated. Arbery, who would have turned 26 on Friday, was shot to death on […]
A new court document obtained Thursday by a newspaper in California shows Tara Reade, the woman who has accused Joe Biden of sexually assaulting her in the 1990s, told her ex-husband she was sexually harassed while working in then-Senator Biden’s office. According to the document, which was obtained by the Tribune in San Luis Obispo, California, Reade’s husband at the […]