Inside the push-pull contrast between vaccine hopes and states shutting down parts of their economies again. Will demand for oil recover? What does OPEC think? And, NBCUniversal’s new streaming service, Peacock, is launching widely today.
Before men’s pro basketball restarts on July 30, everyone is quarantining in a “bubble” at Disney World. What is that costing the NBA? Plus, an EU court rules on Apple’s taxes. And, the July 15 tax deadline is here.
The European Commission had demanded Apple pay nearly $15 billion in back taxes. It could still appeal this verdict. Could Seoul take over as Asia’s financial hub? India’s trash collectors are at risk from COVID-19 waste.
A spike in consumer inflation for June is driven by increasing gas and grocery prices. The optimism of those who run small businesses jumped in June, but will that endure? And, domestic workers are fighting for more protections in California.
Families USA says there are about 5.4 million people who have fallen between the cracks in the system. School districts weigh the safety and monetary costs and benefits of reopening. For people leaving prisons right now, reentry is especially hard.
The British government is set to announce that Huawei technology is to be excluded from the country’s 5G networks. South Korea pledges $90 billion for its “Green New Deal.” Job applications go visual with video resumes.
People are looking beyond profits and losses in companies. That’s clear from a name change for the NFL’s team in Washington, D.C., as well as recent pressure on PepsiCo.
A fiction writer’s surreal take on the COVID-19 economy imagines a world where delivery vans arrive and confiscate your things. Plus, banks start releasing second quarter results this week. And, China’s new sanctions on members of Congress.
South Africa’s government has banned alcohol sales again as COVID-19 cases rise. The world’s biggest companies are set to borrow $1 trillion this year to bolster balance sheets. China will sanction U.S. lawmakers over Xinjiang measures.
Wells Fargo is preparing to cut thousands of jobs, according to Bloomberg. What does this new round of layoffs across the economy mean? And, one civil rights leader who’s met with Facebook describes how the company needs to change.
