Mexico’s Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to 180 countries after its business activities were declared non-essential under a government order aimed at curbing the spread of the coronavirus.
-- Adriana Barrera, Reuters
1. Use a Unique ID for Large or Public Zoom Calls
2. Require a Meeting Password
3. Create a Waiting Room
4. Make Sure Only the Hosts Can Share Their Screen
There are some other good tips in there, too. As much as I hate to give this piece of malware the time of day, it appears to be the go-to service for schools trying to move their classes online, in an effort to salvage the year (west coast schools are unlikely to resume classroom instruction). A lot of teachers, like my sister, are getting a crash-course in technology. The kid's should probably be teaching them about online security!
After February’s 8.4% loss, the S&P 500 continued that trend into March with an initial headfake bounce to 3,131 – a 6% gain over February’s 2954.2 close – before crashing an unbelievable 30% over the next 13 sessions. Ouch! The index rallied into month’s end, to finish at 2,584.6 for an overall loss of 12.5% on the month. I guess volatility comes at you fast!
With volatility off the charts it seems silly to look back at previous April market performances, but the S&P 500 was up 3.9% last year, 0.3% in 2018 and 0.9% in 2017. Needless to say, I do not expect April 2020 to be nearly as calm. We will get the March manufacturing PMI later this morning and the median forecast is 44.0%. The previous low was November’s 47.8%.
The 10-month moving average is 3,000 which is 13.8% higher than the March close. Someday soon this market will turn, but for now the floggings will continue until morale improves.
Gayle Murphy and her boyfriend, Chris Murray, spent the past year dreaming about rafting through the Grand Canyon. For most, it’s a once-in-a-lifetime opportunity. The 24-day adventure took them down the scenic Colorado River -- away from cell service, internet and far from the outside world.
-- Kyle Iboshi, KGW
Just as with wine, some beers get better with age. Time can cause the boozy heat of a high-gravity beer to mellow, allowing the flavors that booziness once masked to come to the forefront.
-- Matt Koesters, Cincinnati Enquirer
The inquiry, which is still in its early stages and being done in coordination with the Securities and Exchange Commission, has so far included outreach from the FBI to at least one lawmaker, Sen. Richard Burr, seeking information about the trades, according to one of the sources.
-- David Shortell, Evan Perez, Jeremy Herb and Kara Scannell, CNN
Fourteen percent of Americans whose income is under $40,000 do not have a bank account, according to figures published last year by the Federal Reserve. Apps like Venmo and Cash App can be used by Americans even if they do not have bank accounts.
-- Donie O'Sullivan, CNN Business
Just a week after Portland’s first Spanish flu diagnosis, the Oregon State Board of Health ordered all public gathering places to shut down statewide. Parades were canceled. Churches suspended services. Restaurants sat empty. Dance halls silent. And suddenly, 36,000 Portland students had nowhere to go.
-- Ian McCluskey, Oregon Public Broadcasting
Thanks in part to temporarily loosened liquor laws, many small breweries were able to keep product moving and workers working by swiftly and seamlessly transitioning to take-out cans, bottles, growlers, and, in some cases, kegs.
-- Meredith Heil, Thrillist