Dr. Anthony Fauci said Thursday that the U.S. is not doing great at containing the spread of COVID-19, but stopped short of saying parts of the country might need to shut down again. “ “I don’t think you can say we’re doing great. I mean, we’re just not.” ” — …
Read More »Under attack from short seller, J2 Global says it bought company from a consultant — documents indicate there’s more to the story
J2 Global Inc., a cloud service company and website operator, said the owner of a company it purchased was not a director — though public documents show he was on the board of one of the company’s subsidiaries. J2 Global was accused by New York–based Hindenburg Research, a short-selling investment …
Read More »Key Words: Fauci says Americans must do 3 things to win the battle against COVID-19
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for three decades and one of the leading experts on pandemics in the U.S. for the last four decades, dished out some harsh words to both the U.S. public and federal authorities. Fauci said SARS-CoV-2, the name for …
Read More »The Margin: Trump says a face mask makes him look like the Lone Ranger. One problem with that…
Under growing pressure from health officials and lawmakers from both parties, President Donald Trump on Wednesday finally endorsed wearing face masks. Kind of. “I’m all for masks,” Trump said during an interview with Fox Business, despite last month telling the Wall Street Journal that some people wear masks just to …
Read More »Coronavirus update: Pandemic is ‘not even close to being over,’ says WHO head, urging better testing — and face masks
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 …
Read More »Key Words: ‘Travel will never, ever go back to the way it was,’ Airbnb CEO says
“ “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 …
Read More »Key Words: ‘Black Swan’ author says if investors don’t use a ‘tail hedge,’ he recommends ‘not being in the market’—‘We’re facing a huge amount of uncertainty’
“ ‘If you don’t have a tail hedge, I suggest not being in the market we’re facing a huge amount of uncertainty.’ ” That’s “Black Swan: The Impact of the Highly Improbable” author Nassim Nicholas Taleb offering his view on the risks swirling in the market and a growing lack of clarity …
Read More »The Tell: Award-winning forecaster says U.S. economy might not heal by next year, putting stocks at risk of correction
The U.S. economy might not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the U.S. economy …
Read More »Need to Know: Four small companies doing amazing things right now — ‘nobody is paying attention,’ says this fund manager
The quarter has been stellar, with the Nasdaq COMP, +0.74% in particular on fire, but the Russell 2000 RUT, +0.40% hasn’t been far behind. Russell 2000 — a contender. Our call of the day from Mary Lisanti, president of Lisanti Capital Growth and manager of the Lisanti Small Cap Growth …
Read More »