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Dubai Business Conditions Improve as Coronavirus Cases Spike

October 11, 2020 [email protected]_84 central business

(Bloomberg) — Business conditions in Dubai improved for the third straight month in September even as a renewed spike in coronavirus cases poses a threat to the city’s recovery.

Non-oil private sector activity in the Middle East’s business hub fared better amid a rise in activity and new business, according to IHS Markit. Its Purchasing Managers’ Index rose to 51.5 last month from 50.9 in August, remaining above the 50 mark that separates contraction from growth.

chart, line chart: Dubai business conditions improve amid recovery from coronavirus shock

© Bloomberg
Dubai business conditions improve amid recovery from coronavirus shock

Employment declined at the slowest in seven months, as business expectations improved slightlyThe pace of new business was faster than in August and demand growth was at a 10-month highA sharp increase in new orders seen in the wholesale and retail sector; construction work experienced “a modest rise”The travel and tourism sector continued to decline, but at the slowest pace since FebruaryExpectations of

The Latest: Wisconsin to open field hospital as cases surge

October 7, 2020 [email protected]_84 business weekly

MADISON, Wis. – Wisconsin’s governor has announced a field hospital at the state fairgrounds will open within the next week as a surge in coronavirus cases threatens to overwhelm hospitals.

According to the state Department of Health Services, only 16% of the state’s 11,452 hospital beds are available as of Tuesday afternoon. The number of hospitalized COVID-19 patients has grown to 853, including 216 in intensive care.

The COVID-19 test results on an additional 262 in-patients are pending. The U.S. Army Corps of Engineers built a 530-bed field hospital on the state fairgrounds in West Allis in April, but it wasn’t needed until now.

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HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:

– President Trump’s doctor says he’s been symptom-free for 24 hours

– What do we know about superspreader events in the pandemic?

– Gov. Cuomo issues restrictions in parts of New York

– Eli Lilly

Supreme Court hearing major cases involving Google, Oracle and Ford

October 6, 2020 [email protected]_84 business weekly

A man with the pro-life organization Bound4Life raises his hands in prayer outside of the U.S. Supreme Court on October 5, 2020 in Washington, DC. With 8 justices currently on the bench, the Supreme Court begins a new term on Monday.

Drew Angerer | Getty Images

The political spotlight is shining brightly on the Supreme Court as the Senate weighs the nomination of President Donald Trump’s nominee, Judge Amy Coney Barrett, but on Wednesday, the court will be all business.

Three giants of industry — Google, Oracle and Ford — will press their cases before the justices in a pair of disputes that are expected to have broad impacts on American businesses and consumers. Decisions are expected by the end of June.

The arguments come in the first week of the court’s 2020 term and will be heard virtually as a result of the Covid-19 pandemic. They are among the

Queensbury schools going remote this week due to ‘growing’ virus cases, quarantines

October 5, 2020 [email protected]_84 business weekly

District has had nine cases in its elementary, middle and high school buildings this fall

Oct. 5, 2020Updated: Oct. 5, 2020 9:18 a.m.

QUEENSBURY — The Queensbury Union Free School District campus will close and learning will be remote this week after two more people associated with schools in the district tested positive for coronavirus over the weekend.

Superintendent Kyle Gannon informed families of the closure Saturday after the district was notified of the new cases at Queensbury High and the William H. Barton Intermediate School. The district has had nine cases of the virus in its elementary, middle and high school buildings since school started up again this fall.

The county public health department is investigating the cases and will advise anyone who needs to quarantine or get tested, Gannon said.

“Due to the growing number of cases and large number of individuals placed

COVID-19 Cases Near 60K As RivCo Revisits Reopening Plan

October 3, 2020 [email protected]_84 business planning

RIVERSIDE COUNTY, CA — As Riverside County health officials reported additional coronavirus cases and deaths Friday, the Riverside County Board of Supervisors is slated Tuesday to revisit a plan for reopening the local economy that would flout state guidelines.

Riverside University Health System reported five more deaths tied to the virus on Friday, bringing the number of fatalities to 1,231 since the start of the pandemic.

The aggregate number of COVID-19 infections recorded since the public health documentation period began in early March reached 59,934 on Friday, compared to 59,488 the day before, RUHS reported.

According to the Emergency Management Department, 130 people are hospitalized countywide with virus symptoms, an increase of 11 since Thursday, and that figure includes 39 intensive care unit patients, one fewer than a day ago.

The Board of Supervisors on Tuesday will reconsider a proposal to replace the state’s tiered system with a county-designed accelerated

ECB Outlines Use Cases For Digital Euro

October 2, 2020 [email protected]_84 central business

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. Plus, Walmart is partnering with Clover Health for its new health centers.

European Central Bank Outlines Use Cases for Digital Euro

The European Central Bank says Europe should be ready to adopt a digital euro so residents can access money amid the evolving retail payment landscape.

Goldman to Pay $2.5B for General Motor’s Credit Card Business

Goldman Sachs will buy General Motors’ credit card business for approximately $2.5 billion, beating out competitor Barclays. The purchase furthers Goldman’s push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 billion in spending per year.

Walmart Expands Healthcare Services

Walmart is partnering with insurance startup Clover Health to aid seniors at their new

Sacred Heart considers suspending in-person classes as COVID cases climb

September 22, 2020 [email protected]_84 business classes

FAIRFIELD — Sacred Heart University officials indicated the school could suspend in-person classes if the rate of new coronavirus infections continues to climb.

a group of people standing on a sidewalk: Freshmen arrive on the campus of Sacred Heart University, in Fairfield, Conn. Aug. 25, 2020.

© Provided by Connecticut Post

Freshmen arrive on the campus of Sacred Heart University, in Fairfield, Conn. Aug. 25, 2020.

“The numbers speak for themselves,” President John Petillo said in a video message to the university community Monday.

Petillo said the school could not continue to operate “business as usual,” noting some students have opted to learn remotely, while some parents are calling for the university to suspend in-person classes.

Data from the university’s public dashboard Tuesday afternoon showed 15 new cases of COVID-19 reported in the last 24 hours.

The university reported 114 active cases as of Monday, the most recent testing data available. Of those, 92 are among students living off campus, 22 are among students living on campus.

Petillo said the school has

Why Jim Cramer Is Watching Mastercard Amid Rising European Coronavirus Cases

September 18, 2020 [email protected]_84 master card

The number of confirmed global cases of the coronavirus has risen to 30,183,223, according to Johns Hopkins University, and deaths increased to 946,158.

In the U.S., there have been 6,675,560 cases of the coronavirus and 197,643 deaths – both tops in the world.

In London, a surge of Covid-19, the disease caused by the coronavirus, is expected to be confirmed by official figures Friday, putting England’s capital on track for curbs on socializing in about two weeks, The Evening Standard reported.

France’s daily coronavirus cases rose by more than 10,000 to the highest since the end of the lockdown in May, Bloomberg reported. Health Minister Olivier Veran warned the disease was ““again very active” in the country.

The uptick in French infections mirrors steady increases across Europe, Bloomberg noted.

Switzerland’s Roche said its Actemra drug reduced the likelihood patients with Covid-19-related pneumonia would need to be put on ventilators. Hospital

Philippines: Covid-19 cases surge past 260,000 as Filipinos turn to online businesses

September 13, 2020 [email protected]_84 online business

MANILA, Sept 13 (Xinhua): The number of confirmed Covid-19 cases in the Philippines surged to 261,216 after the Department of Health (DOH) reported 3,372 new cases on Sunday.

The DOH said that the number of recoveries also rose to 207,568 after 20,472 more patients recovered.

The DOH added that 79 more patients died, bringing the death toll to 4,371.

Metro Manila topped the five regions or provinces with the highest number of daily confirmed cases reported on Sunday at 1,307, followed by Cavite province, south of Manila, 240; Laguna province, south of Manila, 207; Negros Occidental province in the central Philippines, 199; and Bulacan province, north of Manila, 145.

According to the DOH, the country’s 121 Covid-19 laboratories have tested over 2.89 million people so far.

Meanwhile, the government announced that the social media is now a market place that caters to people that prefer shopping from the comfort of

DOJ probes hundreds of business loan fraud cases as NFL player charged

September 10, 2020 [email protected]_84 business weekly

New details on potentially fraudulent applications for the loan program, which is credited with saving millions of jobs, show how the rush of aid during the early pandemic emergency has led to what prosecutors, Democratic lawmakers and taxpayer advocates fear could be widespread abuse.

Later Thursday, the DOJ announced new charges in a complex case involving defendants in Florida and Ohio that involved applications for some $24 million in loans. Among those charged were Joshua Bellamy, a former wide receiver for the New York Jets football team.

The case involves 11 people, coordinated between Miami and Cleveland, “including a professional athlete and business manager,” the DOJ said.

Attorneys for Bellamy were not immediately reachable for comment.

Rabbitt said the DOJ will now concentrate on prosecuting “coordinated criminal rings that have engaged in systematic, organized conduct to loot the PPP.”

FBI Deputy Assistant Director John Jimenez said officials were generally looking

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