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Nobel Prize-winning economist Paul Krugman says we are ignoring a 'huge fiscal time bomb' set to detonate when the pandemic subsides  

  The Nobel Prize-winning economist Paul Krugman says it is important to realize that legislation around the novel coronavirus so far is not a stimulus bill; it is mostly a disaster-relief bill. He says it is good for the most part but will probably need to be bigger, maybe as large as $4 trillion or $5 trillion. The crisis is not a replay of the Great Recession, Krugman says, adding that there will be a second wave if we don't act forcefully enough now.  Krugman says we have a "h

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2020-04-02 06:32:54



'Another cataclysmic week': Stocks climb as signs of relief in oil markets outweigh fears of record US jobless claims  

Reuters Stocks rose and crude prices soared on Thursday as good news in oil markets offset concerns about the number of US weekly jobless claims last week, which will be revealed later today. President Donald Trump predicted an end to the Russia-Saudi Arabia oil-price war after speaking to the leaders of both countries, while China is capitalizing on cheap crude to boost its reserves, Bloomberg reported. Top economists estimate between 3 million and 5.5 million Americans filed for unemploym

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2020-04-02 06:15:12



An emergency-room doctor died after having coronavirus symptoms. His best friend said he 'lost his life needlessly' because of a lack of protective equipment.  

CNN Dr. Frank Gabrin, a two-time cancer survivor, woke up gasping for air on Tuesday. His husband told NJ.com that Gabrin, an emergency-room doctor in New Jersey, had to reuse personal protective equipment. The hospitals Gabrin worked at, however, told NBC New York they were stocked. "Frank made it very clear that it's not about what happens — it's not about the outcome, you don't get to save every patient — but it's about what you do with the outcome," a friend of his, Debra Ly

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2020-04-02 06:07:40



Health officials have reportedly increased security for White House coronavirus expert Dr. Fauci after he faces threats  

Jonathan Ernst/Reuters US health officials have reportedly increased Dr. Anthony Fauci's security as he has faced threats to his personal safety. Sources told The Washington Post that the 79-year-old's safety has recently become an issue for Health and Human Services Secretary Alex Azar, as Fauci has become a more visible — and sometimes critical — member of the Trump administration's coronavirus response.  The Post said it is unclear what threats were made against Fauci th

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2020-04-02 06:06:36



These are the everyday objects to be wary of touching as the coronavirus spreads, and how to adapt  

Mark Lennihan / AP As of April 1, there were 932,605 confirmed cases of COVID-19, with 46,181 deaths around the world. A study by The New England Journal of Medicine from March 17 found the coronavirus lasted on plastic and steel for up to 72 hours, cardboard for up to 24 hours, and copper for up to four hours.  Here are some things we interact with every day that could easily attract the virus. The solution is not to totally avoid touching things like groceries, phones, or elevator b

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2020-04-02 05:59:39



Elon Musk's SpaceX bans Zoom over security and privacy concerns  

Bobby Yip/Reuters Elon Musk's SpaceX has banned its staff from using Zoom amid security concerns, disabling all company access to Zoom with immediate effect. In a 48-hour period, reports surfaced that Zoom didn't use end-to-end encryption for its video meetings and had allowed thousands of strangers to see each other's email addresses. It's also been suggested that attackers can use the Zoom Windows client to steal network credentials. In a statement on its website, Zoom said it was "looki

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2020-04-02 05:50:07



Oil prices surge after Trump says he expects Saudi Arabia and Russia to end their price war and reach a deal  

Evan Vucci/AP Oil prices surged by about 10% on Thursday after U.S. President Donald Trump said he called on Saudi Arabia and Russia to reach a deal to end their price war and mitigate a price collapse. Trump spoke to leaders in both countries as global demand for oil continues to evaporate while much of the world is in lockdown. The Saudi Arabia-Russia pact is expected to scale back a supply surge which led to U.S. oil reaching an 18-year low earlier this week. Visit Business Insider's ho

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2020-04-02 04:54:53



10 things in tech you need to know today  

Good morning! This is the tech news you need to know this Thursday. AP Photo/Reed Saxon SoftBank is backing out of its plan to buy $3 billion of WeWork shares, including nearly $1 billion from former CEO Adam Neumann. A special committee of WeWork's board has threatened to take legal action against SoftBank. YouTube is planning to launch an in-app rival to viral video-sharing app TikTok before the end of 2020. The feature, called "Shorts," will live as a feed inside the existing YouTube mob

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2020-04-02 03:27:53



NYC's paramedics are stretched so thin by the coronavirus that they are told to leave heart attack sufferers at home if they can't get a pulse at the scene  

Stefan Jeremiah/Reuters The New York Post obtained a memo sent out to New York City ambulance workers, advising them not bring cardiac arrest patients to the hospital if they can't get a pulse at the scene. Such patients were previously brought to the hospital, where doctors would try to revive them, but these cases are being deprioritized during the coronavirus outbreak. The city's ambulance service has been overwhelmed by the pandemic. Last week, Reuters reported that about 20% of th

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2020-04-02 02:31:37



You can finally buy Amazon Prime shows and movies in-app on Apple devices, after Amazon bypasses Apple's 30% levy  

Getty Images You can now buy TV shows and movies through Amazon Prime Video on your Apple devices. Amazon has gained an exemption for its streaming service from Apple's controversial 30% tax on media purchases made through its app store. Apple claims it has a long-established program which grants exemptions to "premium subscription video entertainment providers." Apple has historically locked horns with app makers over its right to levy the tax, which prompted music service Spotify to file

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2020-04-02 01:43:34



Hobby Lobby Defies Closure Orders, Rebrands Itself An Essential Vendor Of Medical Supplies  

Do they not realize these internal memos are all going to leak?

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2020-04-01 22:32:47



From Clerk To Colleague: Supreme Court Edition  

Well, they already knew each other pretty well.

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2020-04-01 22:22:57



Bad News For Biglaw Keeps Rolling In — See Also  

Times Are Tough: All. Over. The. Place. Some Good News: But one firm at least is bucking the trend. Will Cooler Heads Prevail?: A number of UVA Law students pointed out that the school is shafting a student called up by the National Guard -- hopefully the school comes to its senses. Keeping Receipts: Every law school's grading policy in one place. On The One Hand...: It seems stupid for RBG to keep working out right now, but on the other hand anything that keeps her going is worth it

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2020-04-01 21:50:27



COVID-19 Kills Beautiful Dream Of Having Heavily Indebted Company Borrow More To Buy Company Three Times Its Size  

The shotgun wedding of HP and Xerox has, like all weddings right now, been called off.

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2020-04-01 21:31:48



Is Hope Bancorp (NASDAQ: HOPE) Undervalued or Overvalued?  

Hope Bancorp (NASDAQ: HOPE) is a small-cap stock that could have a lot of potential. But it's hard to value smaller companies like this. Conventional valuation metrics like price-to-earnings (P/E) ratio, profit margin, and return on equity (ROE) may not be available for them.

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2020-04-01 20:38:14



Fauci said it will take 12 to 18 months to get a coronavirus vaccine in the US. Experts say a quick approval could be risky.  

Jonathan Ernst/Reuters Dr. Anthony Fauci, director of the US National Institute of Allergy and Infectious Disease, said the earliest the US may get a coronavirus vaccine will be in 12 to 18 months.  Some experts say reaching that target may be challenging, because vaccines require a lot of testing. One worry is "immune enhancement," normally spotted in animal testing, whereby a vaccine actually weakens a person's response to the virus. It can take 10 years or more to bring a vaccine f

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2020-04-01 19:54:58



The 5 best deals from Le Creuset's Factory-To-Table online sale  

  Le Creuset's annual Factory-To-Table sale is online this year with discounts up to 50% off everything from pots and pans to dishware, service ware, and more. We've combed through the sale to find the five best deals available now. See also: The best Dutch ovens Almost everything is on sale at Le Creuset during its one-day-only Farm-To-Table sale with plenty of cast iron and stoneware pieces at 50% off. There's no promo code. Things will start selling out, so the best move is to

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2020-04-01 19:43:01



Lawyers At Am Law 200 Firm Looking At Pay Cuts Of Up To 30 Percent  

These are the largest pay cuts we've seen yet.

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2020-04-01 16:33:43



A Sincere Thanks To Our Advertisers  

Thank you for your support.

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2020-04-01 16:16:09



Another Firm Announces Cuts To Salary Amid COVID-19 Economic Downturn  

COVID austerity is the new normal.

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2020-04-01 14:04:26



The amazing story of how the Airbus A320 became the Boeing 737's greatest rival (EADSY)  

Flickr/Tomas Del Coro The Airbus A320 is the second best-selling airliner of all time behind the Boeing 737. Through the end of February, 2020, Airbus has sold 15,522 aircraft belonging to the A320-family compared to 15,156 orders for all versions of the Boeing 737.  Over the years, Airbus has expanded the A320 into a family of jets including the stretched A321 as well as the smaller A319 and A318. The A320 family is also known for its innovative use of fly-by-wire control systems as

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2020-04-01 13:41:46



Apple's Dark Sky acquisition is the latest move in the company's master plan to grow its biggest product other than the iPhone (AAPL)  

Avery Hartmans/Business Insider Apple just acquired the beloved weather app Dark Sky, a move that could help it boost its ever-growing services division. Apple's services category has become an increasingly important revenue driver for the company after several consecutive quarters of sluggish iPhone sales. The acquisition makes sense considering Apple has been launching new digital products and improving its own iPhone apps in recent years. It could also add more fuel to the argument that

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2020-04-01 12:43:09



The best convertible backpacks that turn into tote bags  

The answer to your bag woes is a convertible backpack and tote bag that changes with the adjustment of a strap. The Senreve Maestra is the best convertible backpack you can buy, because it comes in three sizes that can each be worn four ways for infinite styling possibilities. I've been a purse-switcher for as long as I can remember. My bag collection, which began in earnest when I was in junior high, has never been the most practical, and thus I spend a lot of time moving my keys, wallet,

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2020-04-01 12:41:53



I ate at both Taco Bell and Del Taco to see how the chains compared, and Taco Bell was better in every way except 2  

Irene Jiang / Business Insider Tex-Mex food has a special place in America's stomach. When it comes to Tex-Mex fast food, Taco Bell and Del Taco are the two giants duking it out for the top spot. Back in January, I ate massive meals at both chains in order to get a sense of their menus, and I found that Taco Bell beats out Del Taco in taste in every way but one: Del Taco's chips and guac are much, much better. Sign up for Business Insider's retail newsletter, The Drive-Thru, to get more st

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2020-04-01 12:23:20



Coronavirus Can't Stop Ruth Bader Ginsburg From Hitting The Gym  

The Notorious RBG is notorious for a reason.

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2020-04-01 11:59:38



Some US Navy sailors from the aircraft carrier hit by the coronavirus will be quarantined in vacant hotels in Guam  

U.S. Navy photo by Mass Communication Specialist Seaman Kaylianna Genier The US Navy is working to figure out how to get sailors off an aircraft carrier hit hard by a coronavirus outbreak. On Wednesday, leadership in Guam announced that it has decided to permit the Navy to use vacant hotels to quarantine sailors who have tested negative for the coronavirus for two weeks. "The plan is to remove as many people off the Teddy Roosevelt as we can," Rear Adm. John Menoni, Navy commander for the M

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2020-04-01 11:59:36



Could Manchester United (NYSE: MANU) Cut its Dividend?  

Today is Wednesday, April 1, 2020, and this is your daily dividend safety update. Today we're looking at Manchester United (NYSE: MANU) stock to see whether its 1.26% dividend is safe.

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2020-04-01 11:25:27



Prestigious Firm Bucking The COVID-19 Austerity Trend With Special Bonuses And Tech Budgets  

Trying to make life a little easier during a global health crisis.

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2020-04-01 11:10:34



The Brex card for startups just launched a rewards program tailored to remote work — you can earn bonus points on Zoom, Slack, and food delivery  

The Points Guy   The Brex Corporate Card for Startups doesn't require a credit check or any personal guarantees. If it's your only corporate credit card, you can earn bonus points on categories like rideshares, restaurants, and travel booked through Brex. In response to COVID-19, Brex has released a new, alternative rewards program for cardholders. Instead of bonus points on travel-related purchases, you can earn bonus points for spending on collaboration tools like Zoom and Slack, as

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2020-04-01 11:10:31



The UK recorded its two worst days in a row for coronavirus and now the country 'is on a much worse trajectory for deaths than China'  

Stefan Rousseau/PA Images via Getty Images The UK's current coronavirus death toll indicates the country is on a worse trajectory than China, according to economists Pantheon Macroeconomics.  The country recorded two worst-ever death tolls in a row on Tuesday and Wednesday, with 944 deaths from the virus in 48 hours.  This might mean a lockdown of three months is needed, the Pantheon analysts said. The country began a three-week strict lockdown on March 23. While there is current

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2020-04-01 11:06:10



How Are You Spending Your Days?  

Things will start up again, exactly when is to be determined.

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2020-04-01 10:48:42



The Treasury Department says in reversal that Americans on Social Security don't need to file a tax return to get $1,200 stimulus check  

Reuters The Treasury Department announced that Americans receiving Social Security benefits no longer need to file a tax return to qualify for a $1,200 check from the federal government. The reversal comes after the IRS instructed Social Security beneficiaries on Monday to file a "simple" tax return, provoking extensive backlash from advocates and lawmakers. Advocates said vulnerable Americans should not be required to file a return in the middle of a pandemic, since the government already

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2020-04-01 10:13:47



COVID-19, Surrogacy, And Birthing Alone  

Coronavirus or no coronavirus, the babies just keep coming.

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2020-04-01 10:02:03



Royal Caribbean's CEO won't be paid until September and other executives are taking 25% pay cuts as the coronavirus ravages the cruise industry (RCL)  

Stephane Mahe/Reuters Royal Caribbean said Wednesday that its CEO would forego his salary until September in the wake of the coronavirus.  Other executives are taking a 25% pay cut as the pandemic brings the industry to its knees.  Richard Fain, who has been the company's CEO for decades, will likely still see hefty compensation in the form of stock options.  Visit Business Insider's homepage for more stories. Royal Caribbean's CEO has volunteered to not take a salary thr

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2020-04-01 09:09:40



The US intelligence community has reportedly concluded that China intentionally misrepresented its coronavirus numbers  

Thomas Peter/Getty The US intelligence community has determined that the Chinese government concealed the extent of the coronavirus outbreak in China and gave false statistics to other countries, Bloomberg News reported. Officials transmitted a classified report of their findings to the White House last week. Sources told Bloomberg that the main conclusion of the report is that China's public reporting of coronavirus cases is "intentionally incomplete." One official told the outlet the inte

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2020-04-01 08:44:04



I asked a financial expert what to do with my stimulus check and he told me to invest it even though the market is a mess  

Portra/Getty Images   My income has been slashed by the coronavirus, so when I learned I'd likely be receiving a stimulus check, I knew I wanted to put it to good use. I decided I'd put about $100 in my emergency fund; I keep that money in a high-yield savings account where it continues to earn interest. I asked a financial expert what to do with the rest, and he recommended investing it in well-diversified exchange-traded funds, so that's what I plan to do. SmartAsset's free tool ca

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2020-04-01 08:38:29



Economic contractions and pandemics go 'hand in hand' — just look at the Black Plague  

Wellcome Library, London The UK's economy could contract 6.5% in 2020 in the wake of the coronavirus pandemic, a major contraction but not the 23.5% in 1349, the time of the Black Death, a Deutsche Bank report finds. A lot has changed in 700 years, and while this impact won't be as drastic as the Black Death, pandemics are often accompanied by contractions. After the Black Death contraction ended, wages and consumerism actually rose in the UK, but that was from less workers tendin

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2020-04-01 08:36:23



The US government reportedly asked the military for 100,000 body bags  

Mary Altaffer/AP The US government's primary disaster response agency is asking the Defense Department for 100,000 body bags, according to a Bloomberg report. The Federal Emergency Management Agency (FEMA) reportedly wanted the body bags as soon as possible. The request comes as senior US health officials provided grim statistics for coronavirus-related fatalities in the coming weeks. Visit Business Insider's homepage for more stories. The US government's primary disaster response agenc

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2020-04-01 08:29:28



12 movie night essentials for fun family time at home, as recommended by a dad of 2  

  Family movie nights offer a great way to bring the gang together and enjoy a special evening at home. Once you have your setup in place, family movie nights are a fun, budget-friendly activity. With a compact digital projector, some snacks, and comfy seating, you can enjoy a big screen experience at home without the need to reorganize the room. If you're considering which streaming services offer the best movies for your family's viewing preferences, you can try out Disney Plus,

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2020-04-01 08:24:17



Global Biglaw Firm Freezes Associate Salaries, Delays Bonuses, Reduces Partner Pay Amid Coronavirus Crisis  

The firm is pulling out all the stops to remain financially secure.

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2020-04-01 08:18:49



Spring breakers kept hitting the beaches amid the coronavirus pandemic — and now some have tested positive. Here's how 7 hot spots around the world handled the influx of partiers.  

Angela N Perryman/Shutterstock The coronavirus pandemic coincided with spring break 2020, but students across the world continued spring breaking anyway. But as the coronavirus continued to spread across the US and the world, some of the hottest spring break destinations, like Miami and Fort Lauderdale, canceled spring break. Others, like South Padre Island, waited until as late as March 18 to implement restrictions like limited gatherings that would essentially cancel spring break, despite

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2020-04-01 08:10:16



Every Law School Grading Policy Change In One Chart  

Tracking the crisis through policy updates.

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2020-04-01 07:46:29



10 new books Amazon's editors say you'll want to read this April  

  In times of uncertainty, emotional distress, or sheer boredom, consider leaning on Amazon's Best Books of the Month section for support.  This month's selections feature thrilling works of historical fiction, heartening accounts of resilience, and lighthearted reads that provide pleasure and solace. Check out April's top picks below, with short summaries provided by Amazon's book editor, Erin Kodicek. There's nothing like a good book to pass the time — everybody knows

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2020-04-01 07:33:18



Sniffer dogs are being trained to recognise the coronavirus in the UK  

Matthew Stock / Reuters The next target for Medical Detection Dogs, a UK-based charity that trains sniffing dogs to recognise diseases, is the coronavirus. The charity is working alongside Durham University and the London School of Hygiene and Tropical Medicine (LSHTM) to trial the dogs. Once a way to safely catch the coronavirus' odor is established, the charity estimates it will take six weeks to train up a coronavirus sniffing dog. Visit Business Insider's homepage for more stories

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2020-04-01 07:04:29



If Financial Treason Exists, The 'Sell-Off Senators' Committed It With Pre-Coronavirus Stock Dump  

The last person convicted of treason in the United States was Tomoya Kawakita.

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2020-04-01 06:56:29



Law Firm Uses Furloughs, Layoffs, And Salary Cuts To Make It Through COVID-19  

Ooof, this firm hopes the trifecta will help it survive.

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2020-04-01 05:59:56



Uber promised to pay drivers who couldn't work because of the coronavirus. But drivers say Uber has been closing their accounts after they seek sick pay, and then ignoring or rejecting their claims. (...  

REUTERS/Brian Snyder Uber promised financial assistance to drivers forced off the road by the coronavirus, but even some who appear to meet its strict eligibility criteria have been unable to get the company to pay them. Multiple drivers, all of whom have underlying health conditions that make them especially vulnerable to the virus, told Business Insider that Uber had rejected or ignored their requests for sick pay after shutting down their accounts, despite doctor's notes. While Uber imme

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2020-04-01 05:57:12



Amazon says it will investigate after we obtained a photo appearing to show a lack of social distancing at Indiana warehouse  

Reuters Amazon has implemented a number of social distancing policies amid the coronavirus pandemic, but employees say the reality does not always match the rhetoric. A worker at an Amazon warehouse in Indiana sent Business Insider a photo that they allege shows managers huddled at a table next to a sign that states, "Please work together to ensure social distancing is happening." Amazon told Business Insider that it will investigate the incident. Visit Business Insider's homepage for more

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2020-04-01 05:39:37



Israel's prime minister reportedly shared a fake video from the Hallmark series 'Pandemic' and claimed it as evidence that Iran was covering up its coronavirus deaths  

Associated Press Israeli Prime Minister Benjamin Netanyahu reportedly claimed to have seen a clip of Iranian soldiers dumping dead coronavirus patients into trash piles to conceal the country's actual death toll. According to Axios reporter Barak Ravid, the clip was from the 2007 Hallmark mini-series "Pandemic," which depicts the spread of a fictional flu pandemic around the world.  According to Ravid, Netanyahu's office did not deny the report and said that the clip had been sent

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2020-04-01 05:32:01



Why These Hospital Workers Never Get Sick From COVID-19  

When I started Angel Publishing (the parent publisher of Wealth Daily) in 2004, my goal was to create an investment research firm that was so unconventional, people would call us crazy.

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2020-04-01 05:23:17



Law Schools Struggle With COVID Response  

Sometimes bending a curve is the hardest thing to do.

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2020-04-01 05:15:40



Summer Associate Programs — And Pay — Cut Short Thanks To Coronavirus  

Sorry, law students. At this point, be thankful you still have jobs.

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2020-04-01 04:47:10



The WHO is recommending video games as an effective way to stop the spread of COVID-19, one year after adding 'gaming disorder' to its list of addictive behaviors  

Robert Michael/picture alliance via Getty Images Video game makers have banded together to promote gaming as a healthy means of physical distancing and social connection amid the coronavirus pandemic. The WHO is seemingly supportive of the idea, despite designating video game addiction a mental health disorder. The organization added "Gaming disorder" as a classification in May 2019 alongside others related to addictive behavior, such as gambling. Visit Business Insider's homepage for more

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2020-04-01 04:18:03



Facebook launched a feature that allows people to request or offer help to neighbors — here's how it works  

REUTERS/Andreas Gebert Facebook launched a new tool called "Community Help" on Tuesday. Community Help is designed to let people request or offer help to people nearby during the coronavirus pandemic. You can request or offer help with groceries, supplies, or general volunteer work. Visit Business Insider's homepage for more stories. Facebook has built a tool for hooking up those requesting and those offering help during the coronavirus pandemic. As the coronavirus has spread across th

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2020-04-01 03:53:11



How The CARES Act Can Minimize Your Federal Student Loan And Tax Payments  

Some people who had a very good year in 2019 can save a significant amount of money if they are seeking loan forgiveness through an income-based repayment plan.

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2020-04-01 03:45:12



Navy leaders say the aircraft carrier commander who urged them for coronavirus help will not be punished for his letter leaking  

Jackie Hart/US Navy The commanding officer of an aircraft carrier who penned a leaked letter to his leaders had followed military procedures and is not expected to be punished, according to senior Navy officials. Capt. Brett Crozier of the USS Theodore Roosevelt wrote a letter to Navy leaders on Sunday urging for an "immediate and decisive action" as the crew dealt with a novel coronavirus outbreak. Navy Secretary Thomas Modly said that if Crozier had leaked the letter, it would "violate th

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2020-04-01 03:43:15



Associates Facing 25 Percent Pay Cut At Am Law 200 Firm  

Some of the largest pay cuts we've seen.

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2020-04-01 03:27:54



Mike Pence just said the US is 'most comparable' to Italy now after the White House downplayed the coronavirus threat for weeks  

Carolyn Kaster/AP Vice President Mike Pence conceded on Wednesday that the US' coronavirus outbreak may be "most comparable" to Italy, the hardest-hit country in the world.  "We think Italy may be the most comparable area to the United States at this point," Pence told CNN on Wednesday.  The White House announced on Tuesday that it predicts between 100,000 to 240,000 people could die in the US from the coronavirus even with strict social distancing measures in place.  Visit

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2020-04-01 03:06:55



COVID-19 Can Change The Legal Industry For The Better  

COVID-19 can have a lasting and positive impact on the way many law firms and courts operate.

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2020-04-01 03:04:43



Hollywood billionaire David Geffen has been self-isolating on his superyacht in the Caribbean during the coronavirus pandemic. Take a look at the $590 million yacht.  

scottrsmith / Flickr Billionaire David Geffen is in the hot seat for a "tone-deaf" Instagram post about isolating on his yacht, Rising Sun, in the Caribbean, The Guardian reported. Geffen reportedly paid $590 million for the yacht, which previously belonged to Oracle founder Larry Ellison. Rising Sun is something of a playground for the rich and famous, as Geffen has been known to host celebrities like Oprah Winfrey and Leonardo DiCaprio on board. Amazon CEO Jeff Bezos was spotted on the&n

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2020-04-01 02:55:19



The best cat dewormers  

The best dewormer for cats will be determined by the type of intestinal parasite your cat has, but it should be made with powerful active ingredients in an easy-to-administer formula. Though pricey, Bayer Drontal Broad Spectrum Dewormer is the best cat dewormer on the market and is recommended by veterinarians for being both safe and reliable. Due to high demand related to the coronavirus pandemic, some retailers are facing shipping delays of 7 to 10 days. We've listed multiple purchase opti

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2020-04-01 02:49:52



10 things in tech you need to know today  

Good morning! This is the tech news you need to know this Wednesday. AP Apple has acquired the weather app Dark Sky, and will shut down the Android version. Dark Sky's creators initially pitched the app on Kickstarter and raised just shy of $40,000 to build it. Palantir is reportedly providing software to help the CDC track the coronavirus pandemic. Palantir's software uses data from hospitals and public health agencies — such as test results, bed capacity, and ventilator supply &mdas

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2020-04-01 02:31:49



'Soggy start to April': Stocks plunge as coronavirus ravages US and hammers Asian manufacturing  

Reuters/Brendan McDermid Stocks dropped on Wednesday as investors worried about the novel coronavirus outbreak in the US and a sharp slowdown in Asian manufacturing. President Donald Trump warned of a "very painful" two weeks to come as government scientists predicted 100,000 to 240,000 total domestic deaths from the pandemic. Manufacturing surveys showed Japanese and South Korean factory activity slowed the most in roughly a decade in March. "Global stocks got off to a soggy start in Apri

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2020-04-01 02:25:30



Income taxes are no longer due on April 15 in any US state  

Joe Raedle / Getty Images The IRS extended the federal tax deadline to July 15 due to coronavirus concerns. Now, state income tax deadlines have been extended in all 41 states with personal income tax. Most of the states have new due dates in July to line up with the federal tax deadline. A few states have due dates in June; Mississippi's new deadline is May 15.  See Business Insider's picks for the best tax software » Taxes are no longer due on April 15 in any US state. Eve

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2020-04-01 02:16:05



Bill Gates, who urged world leaders to prepare for a pandemic in 2015, lays out a 3-point plan on how the US can emerge victorious against COVID-19  

Yana Paskova/Getty Images The Microsoft cofounder Bill Gates, who urged world leaders in a 2015 TED talk to prepare for a pandemic, wrote an op-ed article for The Washington Post on how the US could emerge victorious against the novel coronavirus. Gates introduced a three-point plan based on expert consultations he had through his work with the Bill & Melinda Gates Foundation, which is funding research for a coronavirus treatment. The first point in Gates' plan is calling for a "consist

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2020-04-01 02:07:01



State income tax rates across America, ranked from highest to lowest  

MediaNews Group/Boulder Daily Camera via Getty Images/Contributor Most states have extended their tax deadlines in response to the coronavirus pandemic. Most of the states have new due dates in July to line up with the new federal tax deadline. A few states have due dates in June; Mississippi's new deadline is May 15.  States tax income at either a flat rate or a progressive rate. The top income tax rate in the country is 13.3%, in California. See Business Insider's picks for the

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2020-04-01 01:25:56



A Sephora employee describes the devastating moment she and others in her district were suddenly fired via a conference call  

Shoshy Ciment/Business Insider Sephora fired thousands of employees across the US on Tuesday. The company's president and CEO Jean-André Rougeot said in a statement that the impacted employees include those who have been with the company for a short tenure and worked limited hours. At least some employees were notified of the layoffs via conference calls. "You could hear everyone absolutely sobbing," Brittney Coorpender, a former skincare advisor in a California Sephora store, who w

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2020-04-01 01:07:23



Top US official says its not time to evacuate aircraft carrier dealing with coronavirus — even after its commander pleaded for urgent help  

Getty Images Defense Secretary Mark Esper said the US Navy was not yet "at that point" where it ought to evacuate crew members of an aircraft carrier reportedly with a growing number of coronavirus cases. On Tuesday, the San Francisco Chronicle reported that the commander of an aircraft carrier wrote a four-page letter warning that the "spread of the disease is ongoing and accelerating." Esper, who claimed he had "not had a chance to read that letter ... in detail," said that none of the sa

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2020-03-31 22:57:49



The most iconic landmark in every state  

Shutterstock/Galyna Andrushko Every state has its own unique landmark to be proud of. From Disney World in Florida to the Indianapolis Motor Speedway, these sights are famous for a variety of different reasons. While it's always fun to get off the beaten path, sometimes it pays to check out the spot all the tourists are hitting.  Visit Business Insider's homepage for more stories. Whether you're an American exploring your own backyard or a tourist flocking to the country's most fam

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2020-03-31 22:32:45



Texas Pastors Sue To Protect Right To Share Germs (And Jesus) During Pandemic  

Good thing these guys don't believe in Darwin and his blasphemous awards.

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2020-03-31 21:16:31



The best all-inclusive resorts in Mexico  

  Even at higher price points, all-inclusive resorts add strong value since they cover the entire price of the vacation including food and drink, and often, activities. Mexico is an all-inclusive resort paradise filled with hotel options for every type of traveler, from romantic adults-only getaways to kid-focused and fun stays. We picked top-rated all-inclusive resorts across the most popular areas of Mexico that deliver on beach views, spacious rooms, plenty of on-site activities,

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2020-03-31 20:22:10



More Americans could die from coronavirus than those killed in battle during Civil War, White House projection shows  

Associated Press President Donald Trump and his leading health advisers dealing with the novel coronavirus pandemic offered some grim statistics for Americans in the weeks ahead. Statistical models showed that roughly 100,000 and 240,000 Americans could die from the disease — even if Americans observed the strict social distancing guidelines. The forecasted figures are an alarming when put in context with other pandemics and wars. Visit Business Insider's homepage for more stories.

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2020-03-31 19:40:49



Biglaw's Bleak Reality: The Layoffs Have Only Just Begun  

The legal profession as we know it is in for a rude awakening.

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2020-03-31 18:21:27



The $5 Million Coronavirus Law School Student Emergency Relief Fund  

Some good news among the COVID-19 crap storm.

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2020-03-31 17:16:06



If You Survive This, You Might Be An Accredited Investor On The Other Side  

There may not be any hedge funds left to invest in, but that's not Jay Clayton's problem.

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2020-03-31 17:01:47



New York Gov. Cuomo says it's 'not likely' recreational marijuana will be legalized in New York's budget this year as the coronavirus outbreak is the focus in Albany  

Crystal Cox/Business Insider New York Gov. Andrew Cuomo said it's "not likely" that adult-use marijuana legalization will be included in New York's 2020 budget. In January, Cuomo said recreational marijuana legalization would be one of his key initiatives. The coronavirus response — and New York City being the emerging epicenter of the global pandemic — has led to a change in legislative priorities. The state budget is due by midnight.  Visit Business Insider's homepage f

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2020-03-31 16:58:48



Did You Forget About Bitcoin? Well, Don't.  

With everything that's been going on with coronavirus and economic uncertainty, it's easy to ignore opportunities. Here at Wealth Daily, we've scoped out an amazing opportunity for you. It's happening on May 12 and could give you the chance to gain control of your financial future.

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2020-03-31 16:25:39



Law School Creates Worst Of All Possible Grading Policies For No Good Reason  

Pass/Fail or graded, the school gets an F.

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2020-03-31 15:01:04



Secretive big data company Palantir is reportedly providing software to help the CDC track the coronavirus pandemic, even as critics slam its work with ICE (AMZN)  

Bertrand Guay/Getty Images Palantir is providing the CDC with software to help it monitor the spread of COVID-19 and assess how hospitals are dealing with spikes in new cases, Forbes reported Tuesday. Palantir's software uses data from hospitals and public health agencies — such as test results, bed capacity, and ventilator supply — to give the CDC insight into where additional resources are needed, according to Forbes. The tool resembles one Palantir built for the UK's top heal

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2020-03-31 14:20:48



The Legal Incoherence Of Wannabe Theocrats Is On Full Display This SCOTUS Term  

Christian Nationalists are demanding that government be forced to fund religious schools in the same SCOTUS term that religious schools are arguing government must remove itself from religious education.

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2020-03-31 14:15:18



Seeking nominations for the top talent managers and agents for TikTok creators  

Thomas Petrou/UTA Business Insider is launching a list of the leading talent managers and agents for TikTok creators.  We want to hear from you on which digital managers and agents are dominating in the space, and helping TikTok influencers build their careers and secure new industry opportunities.  Please submit your ideas through this form by April 7.  Visit Business Insider's homepage for more stories. TikTok has become one of the hottest social platforms among Ge

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2020-03-31 13:46:16



Am Law 100 Firm Cuts Partner Pay Entirely, Reduces Associate Salaries By 25 Percent  

Another Biglaw firm is tightening its belt because of COVID-19.

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2020-03-31 13:33:07



WNBA Star To Hang Up Her Sneakers For The Joys Of Law School  

Good luck in law school.

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2020-03-31 13:01:25



New survey shows 66% of investors haven't touched their stock portfolios, even as coronavirus has sent markets crashing  

Reuters Sixty-six percent of investors have not touched their stock portfolios even amid the coronavirus market meltdown, according to a survey released Tuesday by Bankrate.  Still, Americans have reduced spending during the pandemic, the survey showed. Fifty-two percent said they'd cut down on spending due to the pandemic and its effect on the economy and stock market. "Take this as validation of a U.S. economic recession," said Greg McBride, chief financial analyst of Bankrate, in a

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2020-03-31 12:55:16



Dow slips 200 points as investors weigh the continued spread of the coronavirus  

Reuters US stocks fluctuated between gains and losses on Tuesday as investors weighed a longer-than-expected recovery from the escalating coronavirus outbreak. The listless trading came as major banks revised their second-quarter GDP projections lower, citing a record jump in unemployment claims and severe financial tightening. The Dow Jones industrial average is on track for its worst first quarter in history, while the S&P 500 is poised to end the first quarter with its worst return s

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2020-03-31 12:55:14



No dog parks, no large funerals: The San Francisco Bay Area tightened shelter-in-place restrictions and extended its order through April to continue curbing the spread of the coronavirus  

Katie Canales/Business Insider There are new rules to the San Francisco Bay Area shelter-in-place order designed to curb the coronavirus outbreak so the healthcare system is not overwhelmed. Residents will no longer be able to access playgrounds, public picnic areas, or dog parks, and funerals must not exceed 10 people. The new restrictions came as city officials across the region announced that the order, originally slated to end on April 7, would be extended to May 3. Visit Business Insi

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2020-03-31 12:43:05



Is Eastside Distilling (NASDAQ: EAST) Undervalued or Overvalued?  

To get a sense of the true value of Eastside Distilling (NASDAQ: EAST), let's compare it to its industry peers — and to itself one year ago. We'll look at four small cap valuation metrics…

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2020-03-31 12:23:12



Ford postpones restart of North American car production as the coronavirus pandemic rages on  

REUTERS/Kamil Krzaczynski/File Photo Ford will delay restarting North American production over health concerns amid the coronavirus pandemic, the manufacturer said on Tuesday.  Last week, Ford had said it would resume production at select plants in North America as early as April 6, drawing backlash from the United Auto Workers union.  Ford did not specify when North American plants would reopen, but said that one Michigan plant will restart in late April to build ventilators to t

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2020-03-31 11:49:52



Hobby Lobby quietly reopened stores in at least 2 states, defying coronavirus-related shutdowns and prompting police intervention  

Marty Caivano/Digital First Media/Boulder Daily Camera via Getty Images Hobby Lobby is defying state-mandated lockdowns by quietly reopening stores, including nearly all of its stores in Wisconsin and Ohio. A March 28 memo obtained by Business Insider equipped managers with talking points for "how to respond and communicate if visited by a local authority that asks why we are open." "I used to love working for this company, but since this pandemic I've seen how callous and irresponsible it

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2020-03-31 11:31:24



You're Never Too Old To Be A Supreme Court Justice  

Though your tenure on the Court may be brief.

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2020-03-31 11:28:49



10 cruise ships that are still at sea as the coronavirus shuts down the cruise industry  

James D. Morgan/Getty Images Earlier this month, much of the cruise industry canceled all cruises until mid-April at the earliest. But some ships are still at sea. Many of those ships have not experienced coronavirus outbreaks, but there is at least one major exception. Do you work in the cruise industry? Do you have an opinion on how your company or the industry as a whole has handled the coronavirus? Email this reporter Visit Business Insider's hom

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2020-03-31 11:27:02



The best dog dewormers  

The best dewormer for dogs should treat four of the most common intestinal parasites in dogs, and it should be easy to administer. Guaranteed to treat multiple species of hookworm, roundworm, tapeworm, and whipworm, Safe-Guard 4 Canine Dewormer is our top pick for the best dog dewormer overall. Intestinal parasites are extremely common in dogs of all ages, and most can't be seen with the naked eye, which means you might not know if your dog is infected. Four different types of worms commo

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2020-03-31 11:06:02



Hundreds of thousands of retail workers are being furloughed or permanently laid off during the coronavirus pandemic. Here's who has been affected.  

Justin Sullivan/Getty Images Retail workers around the US are being furloughed and laid off as the coronavirus pandemic continues.  JCPenney, Gap, Kohl's, Macy's, and Victoria's Secret are among the retailers taking these measures to cut costs during this time.  Both Everlane and Rent the Runway have permanently laid off staff. Visit Business Insider's homepage for more stories. Over the past few days, hundreds of thousands of retail workers across the US have been furloughed

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2020-03-31 11:04:09



Biglaw Firm Furloughs Associates; Firm 'Hopeful' They Can Return To Work Soon  

More out-of-work associates thanks to COVID-19.

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2020-03-31 10:38:05



Could Ethan Allen Interiors (NYSE: ETH) Cut its Dividend?  

Today is Tuesday, March 31, 2020, and this is your daily dividend safety update. Today we're looking at Ethan Allen Interiors (NYSE: ETH) stock to see whether its 7.89% dividend is safe.

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2020-03-31 09:58:30



Biglaw Firm Cuts Retirement Matching In Effort To Avoid Layoffs  

Suspending the 401(k) matching program won't even be enough to cover the firm's losses.

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2020-03-31 09:21:50



Former Labor Secretary Robert Reich expects unemployment to surpass levels during the Great Depression  

  Former Labor Secretary Robert Reich says the best thing in the $2.2 trillion stimulus bill is the unemployment insurance provision. The rest of the bill, he says, goes from bad to worse. Reich says this is not an economic crisis, it is a public health crisis and we must change our frame of reference. We don't want stimulus and jobs, he says, we want people to stay home to combat the health crisis and need to provide them with the income to get through it.  Reich says large profi

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2020-03-31 09:20:28



Chris Cuomo just tested positive for the coronavirus. Meet the Cuomo family, the New York political dynasty that's become the face of America's response to the pandemic.  

Michael Nagle/Getty Images CNN anchor Chris Cuomo has tested positive for the coronavirus.  His brother, New York Gov. Andrew Cuomo, has been in the national spotlight for leading New York State through the coronavirus pandemic. Recent Business Insider polling found that he was one of the most trusted figures in the US amid the crisis. New York is one of the states most heavily affected by the COVID-19 outbreak. As of March 31, Governor Cuomo said there were over 75,000 reported cases

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2020-03-31 08:15:37



Biglaw's Response To The COVID-19 Economic Downturn — See Also  

Cadwalader Cuts Associate Pay By 25 Percent: And partners aren't get paid at all. Midsize Firms Are Also Slashing Salaries: To protect the firm's viability. Pryor Cashman Furloughs Associates: They're hopeful they can be rehired, but who knows when that'll happen. Harvard Law School Moves On-Campus Recruitment: Now it'll be in January. Notre Dame's COVID-19 Grading Policy: Leaves a lot to be desired.

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2020-03-31 07:11:01



The future of retail in the US: industry trends and market trends  

This is a preview of the new Future of Retail 2020 market research report from our partners at eMarketer. eMarketer PRO analyzes the social media industry and provides in-depth analyst reports, proprietary forecasts, customizable charts, and more.  Check if your company subscribes to eMarketer PRO, or learn more about access here. Retail sales volume was higher in 2019 than ever before — and it will only continue trending upward as the entire experience becomes more streamlined

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2020-03-31 07:10:52






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