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LOCKED DOWN & MORE LOCKING DOWN

Mainstream media and politicians continue to focus on rising cases while ignoring the fact that deaths and case rates are dropping overall across the globe, both deaths and case rates are much lower than when the virus first hit… and the recovery rate of the virus is around 99.5 percent. Despite harsh lockdowns in Italy,...

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NEW ZEALAND: “FREAK-OUT” TIME

Last Tuesday evening, New Zealand Prime Minister Jacinda Ardern declared she was again locking down Auckland, the nation’s largest city. The cause of the drastic measure: Four family members tested positive for COVID-19. This was the first locally transmitted case of the virus in 102 days. Yet, now Auckland residents are being ordered to stay...

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GOING DOWN, GOING BUST, GOING OUT

Each week we highlight how the COVID War waged by politicians has destroyed market sectors and devastated business. Here are some of the latest companies that have taken an economic hit. CISCO SYSTEMS MAKES CUTS. The network equipment company will cut more than $1 billion in costs over the next several quarters and offer early...

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BIG LUXURY BRANDS OUTPERFORM THE SMALL

Dior, Gucci, Hermès, Louis Vuitton, and other marquee luxury brands have outperformed their smaller counterparts as the world’s economic shutdown began to ease. LVMH, which owns Dior, Luis Vuitton, Moët champagne, and Hennessy cognac reported a loss of 27 percent in revenue during the worst of the shutdown; Kering SA, which owns Gucci, lost 30...

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RETAIL CHAINS ABANDON MANHATTAN

In one of the U.S.’s marquee retail centers, the trendy Kate Spade fashion stores are boarded up for good. Victoria’s Secret and Gap have reopened stores in other states but not here. Subway and Le Pain Quotidien have walked away from dozens of sites. Chipotle and Shake Shack report stores in the northeastern U.S., including...

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PAVING ROADS WITH TIRES

by Bennett Daviss The rubber is hitting the road. Engineers at Australia’s RMIT University have developed a paving material made from ground-up tires and crumbled building materials. The project stems from concerns about the billions of old tires trashed annually and the mountains of useless rubble left over from constructing and demolishing buildings. Building waste...

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HELPING THE HEART REGENERATE ITSELF

by Bennett Daviss Scientists have known for a decade that if a mouse’s heart is damaged during the first seven days after its born, the heart will regenerate new tissue to replace the damaged portion. Now researchers at the University of Texas Southwestern Medical Center think they’ve found a way to help people regenerate heart...

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RECORD NUMBER OF EMPTY APARTMENTS IN MANHATTAN

As we had forecast in March, there would be a great exodus of people leaving densely populated, expensive cites to “escape the virus” and rising crime rates. Around the world and across the nations, that trend has become reality. At one point last month, 13,117 apartments were listed for rent in Manhattan, more than double...

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NEWSPAPERS SEND JOURNALISTS HOME

The Tribune Publishing Co. is taking a page from other corporations and assigning journalists from five newspapers to work from home, allowing the company to give up leased office space. The five newspapers are the Capital Gazette in Annapolis, MD; the Carroll County Times, MD; the Morning Call in Allentown, PA; the New York Daily...