A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Numbers that matter right now: The rapidly rising death toll. The projections of additional potential deaths in the weeks ahead. The length of time until the expected peak. The death rate. The number of confirmed…… MORE
Tim Boyle, president and CEO of Columbia Sportswear Company, is cutting his salary to keep his employees paid during the coronavirus crisis. Boyle reduced his salary to $10,000, Mary Ellen Glynn, Columbia’s director of corporate communications, said in a statement. Boyle made $3.3 million in 2018, according to The Oregonian. His decision to take a…… MORE
Global markets sank again on Monday as the coronavirus pandemic continued to worsen and after President Donald Trump announced that social distancing measures would be extended at least through April 30. Oil was also slammed by the prospect of further disruption to the US economy and with Saudi Arabia apparently determined to pursue a price…… MORE
The chief financial officer of Jefferies Group LLC, Peregrine “Peg” Broadbent, has died from coronavirus complications, the company said in a statement Sunday. Broadbent, who was 56-years-old, had served as CFO of the financial services company since 2007. The company has appointed Teri Gendron, CFO of Jefferies Financial Group, as the interim CFO and chief…… MORE
Disneyland in California and Walt Disney World resort in Florida will remain closed until further notice as the coronavirus outbreak continues to spread in the United States, the company said. Disney earlier this month announced the closure of Disneyland and Walt Disney World — the only two of Disney’s eleven parks around the world that…… MORE
Faced with an unprecedented crisis, economists and investors are racing to understand the depth of the coronavirus recession and its aftershocks. The problem is, the datasets they’d typically rely on are practically useless. Take the monthly US jobs report, which is due out for March this Friday. In normal times, it provides crucial information: How…… MORE
SeaWorld is temporarily furloughing over 90% of its employees as of April 1 because of the coronavirus pandemic. Its workers won’t be paid after March 31 but will be eligible for unemployment benefits, the company stated in an SEC filing. “Our parks will remain closed and are unable to generate revenue; therefore, we have made…… MORE
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Misinformation and family While the coronavirus pandemic has isolated family and friends inside their homes, it has in many cases increased online or over-the-phone communication with loved ones. For instance, that my family’s iMessage group…… MORE
Doris Burke, who works as an NBA analyst for ESPN, says she is now symptom-free, after testing positive for coronavirus earlier this month. Burke talked about her experience with ESPN’s Adrian Wojnarowski on Friday’s episode of “The Woj Pod.” She felt her first symptoms on March 11, she said, the same day the NBA suspended…… MORE
President Trump’s media allies and social media attack dogs are deflecting criticism of the federal government’s response to the coronavirus pandemic by giving viewers and Twitterers other targets of ire. The targets include Democratic governors, presidential candidate Joe Biden and even a key member of Trump’s coronavirus task force, National Institute of Allergy and Infectious…… MORE
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