A benchmark commodities index lost about 20% in the first half of 2020, with the energy sector leading the decline as the coronavirus pandemic ravaged demand for petroleum. Uranium, though, stands out as a resilient performer that’s likely to continue to do well in the second half of the year. …
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U.K.-based budget airline EZJ, +0.11% said on Tuesday it is considering shutting three of its airport hubs because of the steep drop in travel demand caused by coronavirus. The carrier said in a statement it could close bases at London Stansted, London Southend and Newcastle airports as part of wider …
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Since an advertising boycott of Facebook Inc. was organized in mid-June, a veritable Who’s Who of major brands have either added their names to the #StopHateForProfit campaign or otherwise pulled their ads. Facebook makes almost all of its revenue via advertising. Still, analysts are expecting the company to take a …
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The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what was a grim assessment of the state of affairs some six months after the first cases were reported in China. “Six months …
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Struggling Norwegian Air Shuttle ASA said it has notified Boeing Co. that it will cancel a deal to buy nearly 100 remaining planes, and is suing over losses related to the grounding of the 737-Max and 787 engine issues. In a statement on the company’s NAS, +6.03% website late Monday, …
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Reddit is cleaning house. The massive collective of online forums where users have shared and created content, engaged in Q&As, sought advice and voted each other’s posts up or down announced on Monday that it’s revising its content policy, particularly in regards to hate speech. And as a result, Reddit …
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When shelter-in-place orders went into effect across the country in March, many Americans quickly sought refunds for hotel bookings, airfare and travel expenses. But now that states have relaxed some social-distancing measures, Americans have gone full-circle and are planning road trips. That trend may be here to stay as “travel …
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The U.S. is “unlikely” to develop herd immunity to COVID-19, Dr. Anthony Fauci said Sunday, due to the likely combination of only a partially effective vaccine and the large number of people who refuse to take it. Speaking Sunday night to CNN’s Elizabeth Cohen as part of the Aspen Ideas …
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“ “Travel will never, ever go back to the way it was pre-COVID.” ” That’s the grim view of Airbnb Inc. co-founder and Chief Executive Brian Chesky, in an interview published Sunday by Axios. “I will go on the record to say that travel will never, ever go back to …
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