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June 7, 2020

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CNBC - Real Estate

The IRS is giving you more time to invest in this new tax-advantaged strategy

CNBC Real Estate
by CNBC Real Estate09
Investors who were sitting on the sidelines during coronavirus will get some more time to partake in a new tax play. Qualified opportunity funds were created by the Tax Cuts and Jobs Act of 2017. They offer taxpayers an incentive to invest capital gains they incur elsewhere into economically distressed......
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BBC - Politics

Johnson urged to ‘get a grip’ on virus strategy

BBC
by BBC06
Image copyright Reuters Boris Johnson’s “mismanagement” of the easing of virus restrictions risks a second wave of infections, Labour leader Sir Keir Starmer has warned. In his strongest criticism yet of the PM’s handling of the crisis, he told the Guardian that Mr Johnson must “get a grip” and restore......
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Detroit News

Whitmer calls for national strategy on testing during U.S. House hearing

Detriot News
by Detriot News09
Detroit News – For more and to sign up click here Michigan Gov. Gretchen Whitmer pushed Tuesday for a “national strategy” on COVID-19 testing and billions more in federal dollars to help states deal with the fallout from the pandemic during a U.S. House subcommittee hearing. The Democratic governor, who is......
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Reuters - Business

Renault to restructure French factories in bid to slash costs

Reuters
by Reuters015
PARIS (Reuters) – Renault (RENA.PA) said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide. FILE PHOTO: An employee walks past a logo of Renault carmaker at a dealership in Nantes,......
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Reuters - Business

Renault poised to announce 15,000 layoffs worldwide: union

Reuters
by Reuters015
FILE PHOTO: An employee walks past a logo of Renault carmaker at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering......
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New York Times - Politics

‘This Is Not the Hunger Games’: National Testing Strategy Draws Concerns

New York Times
by New York Times04
The Trump administration’s new testing strategy, released Sunday to Congress, holds individual states responsible for planning and carrying out all coronavirus testing, while planning to provide some supplies needed for the tests. The proposal also says existing testing capacity, if properly targeted, is sufficient to contain the outbreak. But epidemiologists......
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Reuters - Business

EasyJet founder loses bid to oust management in strategy showdown

Reuters
by Reuters013
LONDON (Reuters) – EasyJet (EZJ.L) founder Stelios Haji-Ioannou failed in his attempt to oust the airline’s top three bosses on Friday, giving it a brief respite in its battle for survival during the coronavirus pandemic. FILE PHOTO: An Easyjet plane takes off from Manchester Airport in Manchester, Britain January 20,......
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CNBC Business

Why Best Buy’s CEO thinks the appointment-only shopping strategy was the best approach

CNBC
by CNBC012
CNBC – For more and to sign up click here Selling to customers in stores by appointment only. Offering virtual tech support. And serving frustrated, sometimes hostile, customers. That’s the new reality for Best Buy as it sells computer monitors, refrigerators and more during the coronavirus pandemic. The store has always been a place to touch......
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New York Post

Study proposes bold lockdown strategy: 50 days on, 30 days off

NYPost
by NYPost03
A new study suggests that a cycle of 50 days under strict lockdown — followed by 30 days of loosened restrictions — could help countries to reduce coronavirus deaths while keeping economies afloat. The European Union-backed study modeled several different lockdown and reopening strategies in 16 countries across Africa, South......
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CNBC Business

Scientists propose a 50 days on, 30 days off coronavirus lockdown strategy

CNBC
by CNBC07
CNBC – For more and to sign up click here A pedestrian walks past closed-down shops on an empty Regent Street in London on April 2, 2020, as life in Britain continues during the nationwide lockdown to combat the coronavirus pandemic. Tolga Akmen Fifty days of strict lockdowns followed by......
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BBC - Politics

Covid-19 testing strategy was to ‘build capacity’

BBC
by BBC012
Environment Secretary George Eustice says the UK’s early coronavirus testing strategy was focused on building capacity. Asked whether he regretted the switch away from tracing coronavirus cases in the community in early March, he said there was a priority to make sure that NHS workers showing symptoms were tested. Professor......
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New York Post

How MLB’s new scheduling plan could affect fantasy strategy

NYPost
by NYPost019
With every new plan Major League Baseball tosses out for discussion, fantasy baseball owners get more and more antsy, not just wondering when the 2020 season will begin, but also what thinking they need to adjust to put forth a winning year. The latest realignment plan has them scrapping the......
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Reuters - Business

Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources

Reuters
by Reuters08
PARIS (Reuters) – Renault (RENA.PA) is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said. FILE PHOTO: The logo of Renault carmaker is pictured......
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CBS US News

Sweden’s COVID-19 strategy leads to higher fatality rate than U.S.

CBS News
by CBS News04
CBS News – For more and to sign up click here Watch CBSN Live Europe is lifting strict coronavirus lockdowns despite having a higher coronavirus death rate than the U.S. Sweden stands as the one country that never imposed a shutdown. Charlie D’Agata reports. Copyright © 2020 CBS Interactive Inc.......
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Reuters - Business

Disney tests reopening strategy at Shanghai Disneyland

Reuters
by Reuters010
(Reuters) – Walt Disney Co. will kick off its strategy next week to begin restoring its lucrative parks business that has suffered $1 billion in lost profits from the coronavirus-led shutdown. FILE PHOTO: People visit Shanghai Disney Resort as part of the three-day Grand Opening events in Shanghai, China, June......
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CNBC Business

How New Zealand’s ‘eliminate’ strategy brought new coronavirus cases down to zero

CNBC
by CNBC078
CNBC – For more and to sign up click here New Zealand Prime Minister Jacinda Ardern speaks to media during a press conference on May 04, 2020 in Wellington, New Zealand. Hagen Hopkins | Getty Images Government-imposed lockdowns have become a contentious topic in some countries, as the human toll......
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CNBC Business

UK coronavirus death toll set to overtake Italy’s with exit strategy still unknown

CNBC
by CNBC016
CNBC – For more and to sign up click here A member of the armed forces takes a swab to test for the novel coronavirus COVID-19 from a visitor to a drive-in testing facility at the Chessington World of Adventures Resort, in Chessington, southwest of London, on May 2, 2020.......
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BBC - Politics

Disabled people ‘forgotten’ by UK virus strategy

BBC
by BBC015
Media playback is unsupported on your device Media captionCoronavirus: The effects on the most vulnerable Disabled people are “forgotten” by the government’s coronavirus strategy, putting “lives at risk”, charities say. A cross-party group of MPs has written to the prime minister calling for a “disability-inclusive” response. They say isolation, a......
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