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Europe"s richest man loses $30 billion in pandemic
In his ninth-floor office on Paris’s Avenue Montaigne, Europe’s wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. .....»»
Home prices could fall by as much as 4% because of the coronavirus pandemic, Zillow says
A false restart of the economy could create a worst-case scenario for the country’s housing market, an analysis by Zillow says......»»
Federal Reserve President: Coronavirus pandemic needs "18-month strategy"
"We should prepare for the worst-case scenario," Neel Kashkari cautioned......»»
Stifel Upgrades, Downgrades Airlines Facing Coronavirus Shock, Says Hawaiian Well-Positioned
A near worst-case scenario is playing out for airlines as the coronavirus pandemic freezes travel, .....»»
Uber says a coronavirus worst-case scenario could cost it $7 billion and rides could slump as much as 80% (UBER)
Pablo Cuadra/Getty Images Uber has seen its rides business shrink up to 80% as the spreading coronavirus forces people to stay home. The company is modeling up to an $7 billion hit in its worst-case scenario model, it said Thursday.&n.....»»
Cineworld could breach debt terms in worst-case virus scenario
Cineworld could fail to meet its debt commitments in a worst-case coronavirus scenario, it warned on Thursday, though it plans to press ahead with its $1.65 billion takeover of Canadian rival Cineplex ......»»
COVID-19 Could Cripple Airlines With $113 Billion Revenue Loss
An airline industry group reports that under a worst-case scenario of a COVID-19 spread, the airlines could suffer a tremendous loss in revenue this year......»»
AOC says the quiet part out loud about Medicare for All: It has virtually no chance of becoming law right away
AP Images / Alex Brandon AOC conceded that Medicare for All may not become law right away in an interview with the Huffington Post. "The worst-case scenario? We compromise deeply and we end up getting a public option. Is.....»»
This is what might happen if U.S. starts a trade war with China
Wall Street's top investment banks are bracing clients for the worst-case scenario following ongoing trade talks between the .....»»
Morgan Stanley Models Out What The "Worst Case" Scenario For Italy Looks Like
Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»
This Is What Italy"s "Worst Case" Scenario Looks Like, According To Morgan Stanley
Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»
Airbus says worst-case Brexit would hit its sites beyond BritainL Spiegel
A worst-case scenario Brexit would affect Airbus's sites not only in Britain but also in the rest of Europe, board member Tom Williams has told the German magazine Der Spiegel......»»
German frigate Hessen sailors were on watch 12 hours a day in the Red Sea with only seconds to react to threats in the "worst case scenario"
The German warship spent several weeks deplo.....»»
Airbnb beats Q1 earnings expectations amid early signs of post-pandemic travel boom
Airbnb reported gross bookings of $10.3 billion, signaling a surge in demand for rental homes as travel starts to make a comeback. .....»»
Brett Arends"s ROI: ‘Worst-case scenario’ warning for retirees and the 4% rule
Ominous news for today's likely retirees.....»»
Dispatches from a Pandemic: Ireland surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?
The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»
Southwest Airlines post $116 million profit, thanks in part to COVID-19 bailout. ‘We believe the worst is behind us.’
Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost the .....»»
Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?
The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»
Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on earth did that happen?
The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»
A Guide to Europe’s Newest ‘Safe Asset’ and Rival to U.S. Treasuries
The European Union is issuing bonds like never before. An 806 billion euro ($964 billion) pandemic rescue fund will trigger the biggest-ever splurge in joint borrowing by the bloc’s 27 members. Add to that a 100 billion euro emergency jobs prog.....»»