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Daily Archives: May 4, 2020

Visualizing the Financial Stress of Firms in the United States

Reuters data visualizations – Falling Angels?: “Data show how debt has U.S. companies on the edge of danger. The pandemic may push them over. U.S. companies have amassed roughly $10 trillion of debt since 2001, taking advantage of more than a decade of low interest rates and economic expansion. More than half of corporate bonds are classified by ratings agencies as risky, known as junk. An additional 30% are hovering one notch above. As the economy effectively shuts down to combat the coronavirus, the U.S. Federal Reserve has pledged trillions of dollars to keep cash in the credit markets flowing. That support, however, is only available to companies with investment-grade debt. Companies on the line just above junk could be exposed if their debt is downgraded, as seems almost certain given the unprecedented state of the economy. Already in March Standard & Poor’s has issued hundreds of ratings actions, including consigning Ford Motor Co to junk last week. That leaves such “fallen angels,” as they are known on Wall Street, in a difficult situation…”

Virtual Preservation Month

“Throughout the month of May, the National Trust is bringing you the very best in preservation from coast to coast, offering 31 days of rich digital experiences at historic places to inspire, delight, and entertain you. Whether coming from our National Trust Historic Sites, Historic Artists’ Homes and Studios, or National Treasures, each day will… Continue Reading

Unimpressed by online classes, college students seek refunds

AP: “They wanted the campus experience, but their colleges sent them home to learn online during the coronavirus pandemic. Now, students at more than 25 U.S. universities are filing lawsuits against their schools demanding partial refunds on tuition and campus fees, saying they’re not getting the caliber of education they were promised. The suits reflect… Continue Reading

Cisco Networking​​ Technology Trends Report

“The Cisco Annual Internet Report provides organizations of all kinds with technology and business insights that are designed to support your networking objectives and strategic goals…” See also NetworkWorld – Cisco spotlights new IT roles you’ve never heard of – A Cisco report on IT trends says new jobs to address changing IT needs include… Continue Reading

Apple, Google ban use of location tracking in contact tracing apps

Reuters: “Apple Inc and Alphabet Inc’s Google on Monday said they would ban the use of location tracking in apps that use a new contact tracing system the two are building to help slow the spread of the novel coronavirus. Apple and Google, whose operating systems power 99% of smart phones, said last month they… Continue Reading

US reported its deadliest day for coronavirus patients as states reopen

CNBC: “The United States just had its deadliest day on record due to the coronavirus as states across the country begin to ease restrictions meant to curb the spread of the virus, according to data published by the World Health Organization.  The U.S. saw 2,909 people die of Covid-19 in 24 hours, according to the… Continue Reading

Hotel industry issues coronavirus safety guidelines before anticipated travel surge

Yahoo – “Hotels around the country are prepping for travelers to start showing up again amid the coronavirus pandemic. But how can guests know it’s safe? The American Hotel & Lodging Association (AHLA) unveiled its Safe Stay guidelines on Monday, an effort made in conjunction with major brands like Wyndham, Hilton, Marriott and Best Western to standardize… Continue Reading