BBC (December 19)
“Once a poster boy for Japan’s dominance in electronics—known as Japan Inc—the company has delisted, ending a 74-year history with Tokyo’s stock exchange.” The reasons for “such a spectacular fall from grace” are numerous and the challenge for Japan Investment Corp (JIC), which led a group of investors in purchasing the remnants for $14 billion, is immense. While JIC has successfully revived other failing businesses, “Toshiba is a much bigger company and the stakes are high.”
Tags: $14 billion, Challenge, Delisted, Dominance, Electronics, Failing businesses, Fall, Japan Inc., JIC Investors, Revived, Stakes, Toshiba, TSE
Reuters (December 9)
“Wherever you think inflation is coming from, it’s not China – not yet at least…. China said its factory-gate prices showed an annual fall for a second month in a row last month – the latest in stream of numbers revealing the impact of the government’s draconian COVID curbs, now being gradually lifted.”
Tags: China, COVID curbs, Draconian, Factory-gate, Fall, Government, Impact, Inflation, Prices
New York Times (August 28)
“Each pandemic fall has brought with it employers’ hopes of a broad-scale return to the office.” Delta scrapped last year’s plans, “but this time, business leaders are adamant that they won’t change course.” Over a third of the workforce is adamant about staying remote, “It’s either the end of the era of flexibility around where work takes place — or the beginning of outright rebellion.”
Tags: Adamant, Business leaders, Delta, Employers, Fall, Flexibility, Office, Outright, Pandemic, Plans, Remote, Return, Workforce
Reuters (April 28)
“An annualized 1.4% fall in U.S. GDP in the first quarter sounds pretty grim. But the U.S. economy may be taking one step backwards to take two forward.”
USA Today (February 18)
“The U.S. lost a whole year of life expectancy – and for Black people, it’s nearly 3 times worse.” These preliminary results are based on only the first half of the year. Full year figures for 2020 will almost inevitably paint an even grimmer picture as they will include “the fall and winter surges that led to record COVID-19 deaths.”
Tags: 2020, Black people, COVID-19, Fall, Grimmer, Life expectancy, Surges, U.S., Winter
The Denver Post (December 15)
“A quarter of Colorado’s nearly 4,000 coronavirus-related deaths came in just three weeks between mid-November and early December, and the remnants of this fall’s record surge of infections may not be gone yet.”
Tags: Colorado, Coronavirus, Deaths, December, Fall, Infections, November, Record surge, U.S.
New York Times (August 17)
“As public health officials look to fall and winter, the specter of a new surge of Covid-19 gives them chills. But there is a scenario they dread even more: a severe flu season, resulting in a ‘twindemic’” with more sufferers and similar symptoms. “Even a mild flu season could stagger hospitals already coping with Covid-19 cases.”
Tags: COVID-19, Fall, Flu season, Hospitals, Officials, Public health, Surge, Symptoms, Twindemic, Winter
Detroit Free Press (August 12)
“After a spring of wishful thinking, a summer of flimflamming, and 48 hours of confusing, closed-door debates, the Big Ten has finally canceled its fall sports season, which to most fans means: football.” This was no surprise and “shortly thereafter, the Pac-12 did the same…. All the other conferences should follow suit.”
Tags: Big Ten, Canceled, Conferences, Confusing, Fall, Football, Pac-12, Sports season, Spring, Summer, Surprise, U.S., Wishful thinking
Reuters (November 1)
Expect some Brexit volatility for the pound. “With less than five months until the marriage is due to end, the two sides have yet to finalise a divorce settlement and if none is made by the end of March,” the current consensus is that “sterling will fall to $1.20.” The same poll of economists predicted “the pound would bounce to $1.35 if a deal is made.”
