When the curtain closes in 2020 in just over five months, it is likely to fall as one of the wildest and most volatile years in history. The uncertainty surrounding the 2019 coronavirus disease pandemic (COVID-19) sent the benchmark S&P 500 less than 34% drop in less than five weeks …
Read More »Despite Trump’s threat, a growing number of school districts are moving to virtual learning to start the academic year
Washington As the beginning of the next academic year approaches and the coronavirus crisis continues to worsen across the country, a growing number of school districts are choosing to keep students out of the classroom and switch to virtual learning during the fall semester. The rise of new coronavirus infections …
Read More »European Commission to unveil changes to Mifid II amid greedy crisis
Valdis Dombrovskis John Thys | AFP | fake pictures Strict financial regulations in Europe, known as Mifid II, have been in place for more than two years, but the change is just around the corner. The European Commission, the EU’s executive arm, will announce adjustments on Friday to its Financial …
Read More »Ann Taylor’s mother Ascena files for bankruptcy when pandemic crushes already troubled retailer
Ascena Retail Group Inc. ASNA, -6.47%, parent of retail chains Ann Taylor and Loft, filed for Chapter 11 bankruptcy Thursday, with a restructuring deal backed by more than 68% of its guaranteed term lenders, crushed by the effects of the coronavirus pandemic on its already troublesome business. The Mahwah, NJ-based …
Read More »Twitter says hackers saw messages from 36 accounts
CyberScout President and Founder Adam Levin shares insights on potential Russian hackers in the development of the coronavirus vaccine and Bitcoin’s trick on Twitter targeting high-profile accounts. He says the United States needs to “toughen up” because many people are not as “cyber-hygienic” as they should be when working from …
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