How investment bankers are doing deals without travel to see clients - Business Insider

How investment bankers are doing deals without travel…

BusinessMay 8, 2020

While mergers-and-acquisitions activity has fallen off a cliff, some corners of investment banking are busier than ever. Investment bankers primed to help companies navigate the financial fallout from Covid-19, especially restructuring and debt-raising specialists, have…

The coronavirus pandemic spells the end for big cities — again - Business Insider

The coronavirus pandemic spells the end for big…

GeneralMay 8, 2020

Big cities like New York and San Francisco were already starting to lose residents before the coronavirus pandemic. With urban amenities like bars and museums closed, high-paying jobs transitioning to remote work, and rent prices…

John Hollenbeck: How to make virtual meetings more effective - Business Insider

John Hollenbeck: How to make virtual meetings more…

BusinessMay 8, 2020

John R. Hollenbeck is Michigan State University professor who has conducted extensive research on leadership and teamwork. He says large meetings over Zoom are ineffective, and more than just for technical reasons. To make your…

Unemployment surged to 14.7% in April as the US lost a record 20.5 million jobs - Business Insider

Unemployment surged to 14.7% in April as the…

GeneralMay 8, 2020

The US Bureau of Labor Statistics on Friday said the US unemployment rate spiked to 14.7% in April as the coronavirus outbreak forced widespread economic shutdowns. That's the highest level since the Great Depression. The…

Amazon is in-housing some air cargo work — airlines should watch out - Business Insider

Amazon is in-housing some air cargo work —…

BusinessMay 8, 2020

Amazon is now directly hiring the people who load and unload Prime Air cargo jets. It's bad news for its three air-cargo contractors. Amazon's in-housing has already wiped nearly $2 million in potential earnings for…

Nearly Half of Americans Are Out of Work as Employment-Population Ratio Crashes to Lowest Level Ever

Nearly Half of Americans Are Out of Work…

GeneralMay 8, 2020

A smaller share of American adults were employed in April than ever before in records going back to 1948. The employment-population ratio, which measures the share of Americans above the age of 16 who are…

Snow and record cold headed for the Northeast this weekend

Snow and record cold headed for the Northeast…

WeatherMay 8, 2020

Wind chills could be in teens on Friday and Saturday. A strong storm system developed overnight in the southern Plains and produced severe weather across the area with softball size hail and damaging winds up…

New drug target for schizophrenia

New drug target for schizophrenia

Health-and-MedicalMay 8, 2020

Researchers in Japan have identified lower levels of a critical lipid in the brains of people with schizophrenia, which could lead to new treatments for the brain disorder.   Share on PinterestResearchers have found that…