Sales & Marketing news

• Here's why the depleted cruise line industry will be one of the biggest losers of the new $500 billion corporate bailout program

  04-04-2020 20:15 via feedproxy.google.com
  
  The $2 trillion stimulus package contained a substantial pot of money for bailouts of large corporations and businesses.
  But the cruise line industry will be left out since the largest companies are incorporated offshore in a bid to avoid having their income taxed by the federal government.
  Democrats are critical of aiding an industry that avoids federal taxes, but Trump has expressed a willingness to help them out.Visit Business Insider's homepage for more stories.The coronavirus pandemic has e
  
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• These 7 charts show how brutal the March jobs report was, and signal further economic pain ahead

  04-04-2020 16:50 via feedproxy.google.com
  
  The March jobs report surprised economists as it showed that the US economy lost 701,000 jobs last month compared to the 100,000 expected. 
  The report also didn't include the last two weeks of the month in which 10 million Americans filed for unemployment insurance.
  Still, the report was dismal and showed that economic pain stemming from the coronavirus started even earlier than people expected. 
  Here are seven charts that show just how bad the March jobs report was. 
  Visit Busine
  
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• INSIDER TODAY: When will life go back to normal again?

  04-04-2020 15:00 via feedproxy.google.com
  
  Hello, everyone!
  Henry Blodget here. I'm the CEO and Editorial Director at Insider. I'm also an occasional columnist and host.
  We're going to start publishing an occasional newsletter called "Insider Today."  I'll write it with the help of many of our excellent journalists. This is the first "beta" edition. Thank you in advance for reading. 
  Our editorial mission at Insider is to inform and inspire. Our goal with "Insider Today" will be to provide you with information and insight abou
  
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• Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of Delta and Southwest shares this week

  04-04-2020 13:45 via feedproxy.google.com
  Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of shares in Delta Air Lines and Southwest Airlines this week, new SEC filings show.
  The billionaire investor's company cut its stake in Delta by nearly one-fifth and its Southwest holdings by just over 4%.
  Berkshire's stock portfolio took an estimated $5 billion hit on its airline holdings in the first quarter as the novel coronavirus hammered demand and led to travel restrictions.
  Visit Business Insider's homepage for more stor
  
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• 'The whole world's f---ed': A former Goldman Sachs hedge fund chief says coronavirus fallout will cause the 'largest insolvency event in all history' — and warns of another 20% plunge in stocks

  04-04-2020 12:05 via feedproxy.google.com
  
  Raoul Pal, the former hedge fund manager who founded Real Vision, thinks the fallout from the coronavirus will have immense, far-reaching impacts on the global economy. 
  The duration and severity of the pandemic is something that Pal thinks hasn't yet been accounted for properly.
  Pal thinks a further 20% decline in stocks is on the horizon.
  For context, in October, Pal called the Federal Reserve cutting rates to zero and the US having negative rates. In late February, Pal said to buy bonds
  
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• The Trump administration is reminding people they can sign up for Obamacare coverage if coronavirus cost them their jobs — even as it fights to eliminate the law

  04-04-2020 02:15 via feedproxy.google.com
  
  The Trump administration reminded newly jobless Americans they can still opt to sign up for health insurance under Obamacare on Friday.
  People who lose their jobs qualify to sign up for an Obamacare plan for up to 60 days.
  Azar's comments sharply collide with the White House's support of a lawsuit to eliminate Obamacare.
  Trump recently refused to reopen the federal exchanges for people to obtain health insurance, even as 10 million Americans filed for unemployment last month.Visit Business Insid
  
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