Stocks rallied Friday, rebounding from their worst day in more than 30 years, after President Trump said leaders of private companies in the United States had agreed to help with efforts to test for the coronavirus, and declared a national emergency that would free billions in funding to fight the epidemic.
The S&P 500 rose more than 9 percent, making Friday its best day since 2008, with most of the gains coming late in the day as government officials and business executives spoke at a news conference at the White House.
Many things are taking place:
Purdue adds business analytics degree - WISH-TV | Indianapolis News | Indiana Weather | Indiana
WEST LAFAYETTE, Ind. (Inside INdiana Business) — The Krannert School of Management at Purdue University is adding to its online offerings. The school says it will begin offering a Master of Science in Business Analytics program this fall.
The university says the degree is aimed at working professionals by giving students “broad exposure to various functional areas of business and how they use information to make informed decisions.” The school cites the U.S. Bureau of Labor Statistics, which estimates the need for business analysts to increase 14% by 2024.
Greater Flushing Chamber of Commerce addresses coronavirus impact on local businesses - QNS.com
The Greater Flushing Chamber of Commerce is addressing the impact of the coronavirus (or COVID-19) on the community and how they can lend support to local businesses harmed by the fears and stigma surrounding the virus sweeping New York City.
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Despite the fact that no case of the coronavirus has been detected in the community, John Choe, executive director of the Greater Flushing Chamber of Commerce, said news reports about COVID-19 continue to reference and show images of Flushing.
Winter Park business owners already feeling the impact of COVID-19
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In the wake of the continued spread of coronavirus and in an effort to control it's spread, more and more events in central Florida are facing difficult decisions.
In Winter Park, the city canceled its annual Winter Park sidewalk art festival -- a 60-year event that gathers about 300-thousand people.
"Although it was a very difficult decision to make, knowing how popular this event was, we had to be responsible," Clarissa Howard, communications director for Winter Park said. "The huge, huge decision factor now is how do we limit the spread? We all want to stop the transmission because we don't want to overwhelm our healthcare system."
Many things are taking place:
How A Small Family Business Is Making Copper Art A Thing Of Beauty
Great Lakes Coasters. These copper and slate coasters are the results of a 42 step, 10 day process ... [+] and weigh nearly one pound. Each one is unique -- A State of Copper offers several different designs.
Of course after I got home I wished that I had purchased more coasters. So I visited "A State of Copper's" Facebook page and inquired about buying some more. Alex himself responded quickly and was very willing to help and pleasant to deal with. I also was able to learn more about how the business came about.
The Business World Wakes Up to a Pandemic - The New York Times
The World Health Organization declared the outbreak a pandemic , and said it was "deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction."
• In sounding this alarm "loud and clear," the agency noted that it hasn't changed its assessment of the threat, nor did it want to cause "unreasonable fear."
• It reiterated that countries should be taking "urgent and aggressive" action to contain the virus, noting that it is possible to control it, albeit while "taking a heavy toll on societies and economies."
How to fund coronavirus relief? Tax big business | Crosscut
Amazon Spheres are seen reflected on the Day One building in South Lake Union. A tax on big business tax could help fund the emergency response to COVID-19, argues Katie Wilson. (Matt M. McKnight/Crosscut)
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And yet these measures won't save everyone, not even close. It's like trying to stop a flood with 5-gallon buckets. Advocates are calling for bolder actions (disclosure: I'm involved in this effort through my work with the Transit Riders Union). Some are relatively simple, like halting eviction filings . But others will get expensive quickly: To truly keep workers and families and struggling businesses afloat, government needs to be able to give people money .
State releases list of adult-use marijuana business applicants - Portland Press Herald
The list includes some surnames familiar to many Mainers, such as Baldacci, as well as those who may seem destined for a cannabis economy, such as Stoner. Applicants are seeking to do business throughout Maine, from Kittery to Presque Isle, under corporate names ranging from Green Cures to Weed Mart.
The office expects to issue its first conditional licenses soon, according to director Erik Gundersen.
But a conditional state license is just the first step in a three-stage licensing process. The applicant must obtain local authorization, which can take anywhere from two weeks to a year depending on the town or city, before the business can return to the state to obtain a final active license.
Happening on Twitter
Australian stocks put together a record-breaking rally that saw the index swing 13% up toward the close. I sincere… https://t.co/ejgq2Vwm1F DavidInglesTV (from Manila Shanghai Singapore HK) Fri Mar 13 06:41:06 +0000 2020
Australia's record-breaking rally stuns traders, lifts markets https://t.co/DtlVnFf9hM economics (from New York, NY) Fri Mar 13 06:37:22 +0000 2020
BREAKING: U.S. Stocks Rally. S&P 500 Index Up 5.2% https://t.co/Geq9MAYcfL via @markets MikeDorning (from Washington, DC) Fri Mar 13 13:31:39 +0000 2020
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