The Organization for Economic Cooperation and Development predicts a deep recession around the world. But for how long? Adidas pledges to hire more Black employees. And, how COVID-19 might lead to more “youth disconnection” in the U.S.
NATO’s Secretary General Jens Stoltenberg says he welcomes a U.K. review of the Chinese tech firm Huawei. Also, how reformed community policing could look around the world, and HBO Max pulls “Gone with the Wind” from its platform.
The National Bureau of Economic Research says the U.S. in a recession. But smaller businesses are more optimistic than they were a month ago. And, how the NFL is responding to protests for justice around the country.
The editor-in-chief of Bon Appétit magazine, Adam Rapoport, has resigned after a photograph of him in brownface resurfaced. And, one college in Wisconsin is overhauling its academic calendar to prepare for a return to campus amid COVID-19.
The French government releases more aid with fears a slump in demand for airplanes could turn Toulouse into the “new Detroit.” What are the longer-term implications of a drop in electricity demand during COVID-19 restrictions?
Surprise job growth. State reopenings. Market optimism. And positive economic growth projections for the third quarter. Plus, of a potential mega-merger in the pharmaceutical industry. And, the significance of a Russian tanker’s voyage through the Arctic.
New York City enters phase one of its reopening. OPEC extends record cuts in oil production. We check back in with one of many Black-owned businesses left out of the first round of the PPP.
European airlines criticize UK government rules for arriving international passengers. Could a social enterprise model work for a COVID-19 vaccine? The pandemic could wipe half a trillion dollars from Asian economies.
The U.S. unemployment rate unexpectedly dropped from nearly 15% in April to 13.3% in May. Economic divides by race are apparent in the numbers, though: the rate for Black people ticked slightly higher. And, where are sports leagues on reopening?
