Coronavirus impact | Restaurants, cinemas, retailers request rental waivers till May: Report

“Yes, we have written to the owners of the premises seeking waiver of lease rent from March till at least May 2020. With likelihood of improvement being remote for several months, support from owners is very crucial for survival; it is most critical to manage cash flow and staff salaries,” said Anjan Chatterjee, founder of […]

NBA, union negotiating player-pay plan

The report also stated that if there is no plan in place by April 15, players will receive their full game checks, but they would have to pay the money back later should games be canceled, with the amount owed determined by a formula based on each player’s team and his own salary.

Gold demand soars in some Asian hubs, lockdowns, supply woes hit others

“It’s just a lot of strange things happening in the market now, because in some parts of the world, you will see massive premiums on gold, while other parts have discounts – just boils down to logistics and supply chain disruptions,” said Saxo Bank analyst Ole Hansen.

How the Covid-19 crisis locked Airbnb out of its own homes

To try and make some income from their empty properties landlords have flooded the rental market with their Airbnb flats. On Edinburgh’s Princes Street, for example, there are 209 Airbnb listings on a road of just 494 homes. Property portal Rightmove said the number of new rentals coming on to the market in the week […]

Soaring unemployment increases odds U.S. banks will cut dividends

The industry may have no choice if banks get too close to the Fed’s limits on capital use for dividends, analysts said. That could happen as soon as the second half of this year, particularly for major card lenders, as delinquencies and loan-loss provisions increase, Ramsden said.

Decision time: quarantine spells dilemma for domestic workers in Latin America

“It’s up to the worker – if she doesn’t live at her workplace she doesn’t have to start, if she lives there and wants to leave and not go into quarantine there she can. The decision is absolutely hers.” (Reporting by Aislinn Laing and Natalia Ramos, additional reporting by Nelson Bocanegra in Bogota and Gram […]

Play your part, health minister tells Premier League stars

FILE PHOTO: Soccer Football – Premier League – Manchester United v Watford – Old Trafford, Manchester, Britain – February 23, 2020 General view of a match ball held by Manchester United’s David de Gea during the warm up before the match Action Images via Reuters/Lee Smith

Coronavirus punishes Warren Buffett’s equity holdings

After taxes are factored in, Berkshire’s first-quarter net loss could rival quarterly losses of $44.9 billion posted by AOL Time Warner in 2002, or $42.5 billion by General Motors in 2007. Berkshire’s loss could grow further if it wrote down its 26.6% Kraft Heinz stake, which some analysts call overdue. But it would likely fall […]

Video Shows Emotional Moment Oregon Football Coach Hugs Gun-Wielding Student After Disarming Weapon

“I lunged for the gun, put two hands on the gun. He had his two hands on the gun and obviously the kids are running out of the classroom and screaming,” Lowe continued. “I felt compassion for him; a lot of times, especially when you’re young, you don’t realize what you’re doing until it’s over.”

Former 49ers Assistant Coach Prevents School Shooting by Tackling Gunman to Protect Students

Lowe concluded: “I’m blessed to be alive and extremely happy that the students are safe. I’m not sure what’s next, I haven’t had the time to really think about it. But I am sure I want to be a part of the solution to school gun violence. Thank you @PortlandPolice for your help #ParkroseHighSchool.”