• Elon Musk To His Workers: “You’re More Likely To Die In A Car Crash Than From Coronavirus”

    ZeroHedge - Mar 16th 2020 4:00pm EDT (Archive)

    Elon Musk To His Workers: “You’re More Likely To Die In A Car Crash Than From Coronavirus” Elon Musk is telling his workers that they have a higher risk of dying in a car crash than from coronavirus, in what has become the latest in a string of actions Musk appears to be taking to try […]

  • $290 Billion Fund’s Advice To Investors: Don’t Look At Markets

    ZeroHedge - Mar 16th 2020 3:45pm EDT (Archive)

    $290 Billion Fund’s Advice To Investors: Don’t Look At Markets 112-year-old Scottish fund manager Baillie Gifford has seen market crises come and go before and as Covid-19, an oil-price war and fears of a U.S. recession are slamming global markets, partner Stuart Dunbar has one key piece of advice: Don’t panic. With $290 billion under management, Dubar […]

  • $1.4 Billion In Sporting Event Tickets May Have Just Went “Poof!”

    ZeroHedge - Mar 16th 2020 3:30pm EDT (Archive)

    $1.4 Billion In Sporting Event Tickets May Have Just Went “Poof!” The shock and fallout from the coronavirus has been no more noticeable in many American households than with the suspension of major sporting events.  But the shock isn’t just on TV. The secondary market for ticket holders has also collapsed, with a total of […]

  • Watch Live: White House Task Force Delivers Latest Update On Outbreak Response

    ZeroHedge - Mar 16th 2020 3:09pm EDT (Archive)

    Watch Live: White House Task Force Delivers Latest Update On Outbreak Response After insisting on Sunday that millions of test kits would soon become available and that up to 2,000 public and private labs would be ready to run them would be online by the end of the week, the White House coronavirus task force […]

  • KFC Suspends Its “Finger Lickin’ Good” Slogan Amid Coronavirus Outbreak

    ZeroHedge - Mar 16th 2020 2:45pm EDT (Archive)

    KFC Suspends Its “Finger Lickin’ Good” Slogan Amid Coronavirus Outbreak Yesterday, while reporting about PornHub making free porn available to Italians, we noted that during times of existential crisis, every last corporation has to pitch in and do their part. Cue Kentucky Fried Chicken. KFC is stepping up to the plate and doing what it can […]

  • What History Teaches Us About The Covid-19 Pandemic

    ZeroHedge - Mar 16th 2020 2:30pm EDT (Archive)

    What History Teaches Us About The Covid-19 Pandemic Authored by Dr. Stephen Davies via Al Arabiya, Currently there is much debate over what kind of policy is best for dealing with the coronavirus epidemic. We are dealing with a true pandemic and have been ever since the virus was confirmed to have spread to every continent in […]

  • Top Cleric On Iran’s Powerful Council Of Experts Dies Of Covid-19

    ZeroHedge - Mar 16th 2020 2:18pm EDT (Archive)

    Top Cleric On Iran’s Powerful Council Of Experts Dies Of Covid-19 Top Iranian clerics who are close to the supreme leader have increasingly been testing positive for Covid-19, and one senior cleric has just died from it. Multiple regional news outlets have reported the death Ayatollah Hashem Bathaei-Golpaygani Monay after he tested positive for coronavirus over the weekend, in the […]

  • Emergency Fed Repo Fiasco: Funding Markets Remain Frozen After Dealers Balk At $500BN Operation

    ZeroHedge - Mar 16th 2020 2:08pm EDT (Archive)

    Emergency Fed Repo Fiasco: Funding Markets Remain Frozen After Dealers Balk At $500BN Operation Less than an hour ago, when previewing today’s emergency repo operation which the fed announced ad hoc on Monday morning in response to the latest credit market turmoil, this time affecting the GC repo rate, we said that “we don’t even […]

  • The Covid-19 Dominoes Fall: The World Is Insolvent

    ZeroHedge - Mar 16th 2020 2:00pm EDT (Archive)

    The Covid-19 Dominoes Fall: The World Is Insolvent Authored by Charles Hugh Smith via OfTwoMinds blog, Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a […]

  • ¬†Airlines Seek $50 Billion In Government Aid Amid Covid-19 Chaos

    ZeroHedge - Mar 16th 2020 1:45pm EDT (Archive)

     Airlines Seek $50 Billion In Government Aid Amid Covid-19 Chaos With the global airline industry crashed, US airlines are seeking upwards of $50 billion in government aid, according to The Wall Street Journal sources. The assistance program could include “government-backed loans, cash grants or other measures including relief from taxes and fees.”  Over the weekend, Treasury Secretary […]