Tuesday, November 3, 2020

High fashion in Italy faces "strange," uncertain times - Marketplace

Kai Ryssdal: I should tell people listening to this that you and I had an interview scheduled last week. We had some scheduling issues. It didn’t happen. But in a way, that’s good, because I think the interview we’re doing now, this week, with the new announcements in Italy and the virus situation in Europe, are quite a big change from the way things were last week.

Raffaella Grasso: Yes, they are changing very fast now, things are getting a little bit worse. And so everything is changing day by day. We are getting news from the government, taking new measures to try and stop this virus.

Publisher: Marketplace
Date: 2020-11-03T22:47:32-08:00
Twitter: @Marketplace
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And here's another article:

Wall Street follows world markets higher on Election Day- Marketplace

Stocks are opening broadly higher on Wall Street, following global markets higher on Election Day in the U.S. The S&P 500 rose 1% in the early going Tuesday. In a bullish signal, small-company stocks rose more than the rest of the market and Treasury yields rose. Crude oil prices also rose. European markets rose in midday trading, and major Asian markets closed higher.

Traders are betting Biden might push for a bigger U.S. stimulus package if he unseats President Donald Trump. That would require support in the Senate, which is controlled by Trump's Republicans. Some incumbents, also up for re-election this week, face challengers from Biden's Democratic Party.

Publisher: Marketplace
Date: 2020-11-03T15:07:49-08:00
Twitter: @Marketplace
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The case for making Election Day an official holiday - Marketplace

The number of early votes cast before Election Day 2020, as of Nov. 1, neared the 100 million mark according to data aggregated by the U.S. Elections Project , which is close to the complete voter turnout in the 2016 general election.

While voter turnout for 2020 may very well eclipse 2016’s turnout, general turnout in the U.S. has historically been relatively low compared to other OECD member nations .

The nonprofit Vote.org, however, has been focusing on one specific way to bump up voter turnout this year: convincing companies to give their employees paid time off on Election Day.

Publisher: Marketplace
Date: 2020-11-03T13:33:21-08:00
Twitter: @Marketplace
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Feds Approve Fractious Georgia Plan to Change ACA Marketplace | Kaiser Health News

With the Trump administration announcing two days before Election Day that Georgia's healthcare.gov website will no longer provide options for residents shopping for plans starting in 2023, consumers will need to rely on private brokers, insurance companies, agents and commercial websites.

Republican Georgia Gov. Brian Kemp, who pushed the plan , argued that this would give private entities an opening in the fall of 2022, when the following year’s plans will be marketed, to aggressively advertise and compete for consumers and increase the number of choices.

Publisher: Kaiser Health News
Date: 2020-11-03T10:00:07 00:00
Author: Jordan Rau
Twitter: @khnews
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And here's another article:

Can big-screen movie theaters be saved? - Marketplace

Movie theater chain AMC released its quarterly earnings report Monday, and as expected, it was brutal: Revenue is down 90% from this time last year, with reported losses over $900 million. 

* * *

A few weeks ago, AMC rival Cineworld shut down its U.S. Regal theater locations , and now, there are rumors that AMC might be on the verge of bankruptcy. 

Neil Macker, an analyst at Morningstar, said with rising COVID-19 cases forcing blockbuster premieres into next year, there's no clear solution for struggling theaters.

Publisher: Marketplace
Date: 2020-11-04T00:47:05-08:00
Twitter: @Marketplace
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COVID restrictions keep ship worker at sea for 13 months - Marketplace

An estimated 400,000 seafarers remain stranded at sea as COVID-19 port and travel restrictions tighten amid rising cases worldwide.

As COVID-19 cases surge across much of the world, pandemic border and transportation controls are affecting some of the most essential, yet invisible, workers in the world. We’re talking about ship workers on vessels that deliver everything from crude oil to holiday gadgets to pandemic medical supplies around the world; 90% of world trade moves by ship.

Publisher: Marketplace
Date: 2020-11-02T21:53:21-08:00
Twitter: @Marketplace
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Why are so many people wary of contact tracing? - Marketplace
Publisher: Marketplace
Twitter: @Marketplace
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Online political ads are showing up in more places than ever - Marketplace

Election Day won’t mean the end of campaign ads, of course, but the volume and frequency should go way, way down after today, we hope. And you have no doubt encountered dozens, maybe hundreds in recent weeks. A lot of them online. Starting this past weekend, for example, the Trump campaign has completely taken over the YouTube homepage.

Tim Lim: Most of the platforms at this point who are accepting political advertising have done political advertising in the past. There’s some newcomers who maybe they did a little bit, but this is their kind of big presidential year where they’re taking in more ad inventory than usual. One of those that I would highlight is Snapchat. I think Snapchat is going to have a huge year in terms of political advertising that they haven’t seen before.

Publisher: Marketplace
Twitter: @Marketplace
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