Researchers have discovered a strong correlation between vitamin D deficiency and mortality rates from the novel coronavirus, a new study reveals. A research team led by Northwestern University analyzed data from hospitals and clinics across China, France, Germany, Italy, Iran, South Korea, Spain, Switzerland, the United Kingdom and the United …
Read More »World’s second largest ticket seller Eventim holding back millions in refunds from canceled events during coronavirus crisis
The world’s second largest ticket seller, Eventim EVD, +1.84%, is withholding millions of euros of ‘processing fees’ from fans seeking refunds for events canceled due to the coronavirus. The German-listed company sells tickets to concerts from the Red Hot Chili Peppers to Iron Maiden. Based on several refunds, reviewed by …
Read More »Dropbox’s first quarterly profit is a sign of the ever-changing economy
Dropbox Inc.’s first quarterly profit since its debut as a publicly traded company in 2018 came a bit sooner than it expected. But in a rapidly evolving work environment that puts a premium on collaboration from far-flung locations, the company might come to expect profits as routine. “There is enormous …
Read More »Here’s how the U.K.’s return to work could look as businesses prepare to restart the economy
The U.K.’s workplaces will be markedly different from the environments employees left behind before lockdown but businesses stand ready to help restart the economy. Boris Johnson is set to unveil a roadmap for the U.K. to exit lockdown and restart the economy on Sunday. Central to his address could be …
Read More »Coronavirus was devastating Europe’s nursing homes well before the U.S. Here are the lessons they learned
In late March as the coronavirus pandemic spread to the U.S., news of a wave of deaths in Spanish nursing homes caught the attention of David Grabowski, a professor of health policy at Harvard Medical School. Tweeting a March 25 story about a probe into elderly coronavirus victims found dead …
Read More »CityWatch: Majority of new COVID-19 hospitalizations in New York are people who stayed at home
They aren’t frontline workers. They aren’t riding New York City subways. They aren’t stuck in jails or homeless shelters or other congregate facilities where the disease could spread easily. The vast majority of New Yorkers still walking into hospitals with COVID-19 have been sheltering at home and avoiding mass transit. …
Read More »Futures Movers: Oil futures fall as concerns about storage capacity prevail despite a smaller-than-expected rise in U.S. crude supplies
Crude futures traded lower on Wednesday, with the U.S. benchmark contract at risk of snapping a five-session streak, pressured by concerns over tightening oil-storage capacity even as weekly crude inventories rose less than expected and domestic production declined. The build in weekly U.S. crude inventories reported by the Energy Information …
Read More »Market Snapshot: Dow futures flat as stock market braces for private-sector report from ADP that could show 20 million jobs losses in April
U.S. stock-index futures on Wednesday were seeing lackluster early action in thin trade as investors braced for an update on private-sector employment from ADP for April and react to corporate quarterly updates from some of the nation’s largest companies, which are mostly swooning from the effects of the COVID-19 pandemic. …
Read More »Personal Finance Daily: The coronavirus had a surprising effect on bankruptcy filings and Mother’s Day gifts to stay connected
Hope you’re staying well, MarketWatchers. Don’t miss these top stories: Personal Finance The coronavirus has rocked America’s economy — but it’s had a surprising effect on bankruptcy filings New data on April bankruptcy filings for both businesses and individuals comes a day after J.Crew filed for bankruptcy. My son is …
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