Executive Leadership Briefing

President Joe Biden is expected to announce on Thursday new measures for unvaccinated Americans. The White House said the six-step plan will address efforts to get more people vaccinated, keep schools open and enhance protection for those who already have had shots. Some measures will be related to access to testing, while others could be mandates, officials said. The measures come as cases and hospitalizations continue to rise across the country.

Idaho patients in hospital halls amid COVID rationed care - Associated Press

It’s Covid, stupid: Biden’s presidency bottlenecked by the pandemic - Politico

@DavidBegnaud: Honolulu Police Cpl Mark Kutsy was pulled off the street while on patrol tonight, @HawaiiNewsNow reports. He had to turn in his gun and badge, and was suspended w/out pay and told he’ll be fired. Why? He refuses to get the Covid19 vaccine. His dept mandates it.

@joncoopertweets: The Surprisingly Strong Supreme Court Precedent Supporting Vaccine Mandates. In 1905, the high court made a fateful ruling with eerie parallels to today: One person’s liberty can’t trump everyone else’s.

Los Angeles is poised to become the first school district in the nation to issue a vaccine mandate for students. The district’s Board of Education will vote Thursday on a measure that would require a first vaccine dose by Nov. 21, with independent online study for students who opt out. A Florida judge ruled on Wednesday that the state cannot enforce its ban on mask mandates in public schools while the issue moves through an appeals court, reopening the opportunity for school districts to require masks.

NYC, teachers union continue negotiations over COVID vaccine mandate - Chalkbeat New York

Professors Fight Mask Bans - The New York Times

Face masks for COVID pass their largest test yet - Nature

@aseitzwald: Virginia: Two-thirds of RVs (67%) – and parents (64%) – support the requirement that students, teachers, and staff in VA schools wear face masks. A majority of voters (58%) would approve of requiring children 12+ to be vaxxed to attend in-person class.

Jobless claims in the last week fell to a new pandemic low of 310,000, indicating that the rise of the delta variant has not spurred massive layoffs. At the same time, new evidence is emerging on what is driving employees to leave their jobs in the Great Resignation. Many report feeling disengaged and isolated during work from home mandates, which could be a more common factor motivating workers to leave.

In the Middle of the Great Resignation, Employers Are Rejecting Millions of Qualified Workers, New Harvard Research Finds - Inc.

Amid the ‘Great Resignation,' just 7% of Americans say they have their dream job, survey finds - CNBC

Work From Home? 6 Ways to Stay Focused and Avoid Burnout - The Wall Street Journal

This is what it's like to work from home in a tiny house - Real Estate Boston

More employees who travel for work say they have tired of corporate travel, a sentiment behind some companies’ decisions to reduce their travel hours. Snack and pet food company Mars said it aims to keep travel to less than half pre-pandemic levels, a prospect that poses a threat to airlines and others in the travel industry. Even so, the slow rebound of trade shows, conferences and conventions this summer has offered a glimmer of hope for hotels and event centers.

Airlines were counting on a post-Labor Day surge in business travel. It looks like that won't happen - CNN

Business travel has not rebounded — so how can tourists fill the gap and find hotel and flight deals? - Market Watch

Spain has joined other European countries in banning unvaccinated travelers from the U.S. Denmark, Italy, and Norway have enacted similar restrictions, meaning U.S. travelers must present proof of vaccination to enter those countries and in some instances, may need proof to dine out or attend museums and shows.

Swiss will need COVID certificates to go to bars, restaurants - CNBC

Amsterdam's...

Job postings leveled off in August after a pre-summer surge, driven by a cooldown in demand for in-person jobs at restaurants and salons. The sluggish pace of hiring, coupled with supply chain issues and concerns about the delta variant, prompted numerous reductions in GDP forecasts – some by more than half – for companies including Goldman Sachs, Morgan Stanley and BMO Capital Markets.

​​Stocks Decline as Pessimistic Economic Growth Prospects Weigh on Markets - Barrons

@dlacalle_IA: Global GDP estimates decline as private sector momentum and services sector slip.

Children now represent more than a quarter of new weekly COVID-19 cases, although severe illness continues to be uncommon. Health officials say the best way to protect children is to surround them with vaccinated adults at school, urging the 75 million unvaccinated Americans to get a vaccine before the cool fall weather ticks cases higher.

Kids and COVID: why young immune systems are still on top - Nature

Covid-19 Testing Is Keeping Some Students in School and Out of Quarantine - The Wall Street Journal

Thousands of tubes of spit are saving lives on college campuses across SC. Here's how Greenville Online

How Will America Recover From a Broken School Year? - The New York Times Magazine

Technology companies that were the first to transition to remote work are struggling to identify how, when or if they will call employees back to the office. Experts say the longer the pandemic lasts, the harder it will be to ask employees to return, bringing urgency to the ongoing debate over whether having employees together is necessary to maintain company ​​​​culture and pace of innovation.

The highly adaptable habits of the best companies for remote workers - Quartz

@DiMartinoBooth: Did you know that only 13.5% of American employees work from home? Automation acceleration suggests these offices will take years to refill to capacity.

@emmagf: I *finally* bought a real desk for our bedroom 18 months into the pandemic if you’re wondering how in denial this extrovert has been about how long Work From Home would last.

The FBI is investigating three Vermont State Troopers for allegedly creating fake COVID-19 vaccination cards, an instance that has become more common with the spread of the delta variant. Most Americans said they support vaccine mandates for travelers, and the share of respondents who now support proof of vaccination for eating out has also increased, according to a Gallup poll. The share of respondents who now support proof of vaccination for eating out has also increased.

Fake Vaccination Cards Were Sold To Health Care Workers On Instagram - NPR

Poll shows most Boston residents support vaccine mandates in workplace, mirroring national trend - Boston Globe

Washington’s pro and college teams join ranks requiring proof of COVID vaccination or negative test - Seattle Times

Broadway’s costume shops are transitioning back from sewing cloth masks and surgical gowns at the onset of the pandemic, buzzing again with work for performing artists. While pandemic protocols have affected shop operations and Broadway performances, the return of dressmakers, cobblers, pleaters, beaders and more is a bright spot for those in the industry.

The pandemic has changed the way people dress. Should office wardrobes change, too? - CBC

How This World-Renowned Actress Established Her Fashion Line Amid The Pandemic - Forbes

"Job Postings Level Off as Delta Variant Cools Demand for In-Person Workers" - The Wall Street Journal / Source: Indeed.com

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Turbine Labs has tracked 22,624 media articles and blogs and 30,828 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Thursday, September 9 at 9:30AM ET.

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Local governments have stepped up their efforts to require municipal employees to get vaccinated after first responders were found to have low vaccination rates relative to the rest of the population. Some unions have outright resisted while others have asked for weekly COVID-19 tests instead. A survey from the Washington Post found that among employees not currently required by their jobs to be vaccinated, 42%said they would likely quit if required.

Could a vaccine mandate lead to a ‘mass exodus’ of nursing home staff? - WHYY

How to Hire With a Vaccine Mandate in Place - Inc.

Seattle could lose over 200 cops due to COVID vaccine mandate, report says - Fox News

As some colleges resume in-person instruction, some teachers said their requests for remote work accommodations have been denied, hinting at larger fights to come for businesses planning to call employees back to offices. Many employers have delayed their return-to-work dates or refused to set hard dates at all, and some have said the longer remote work lasts the harder it may be to get employees to return.

How Office Culture Changed in the Pandemic—From Workers Who Went Back Ages Ago - The Wall Street Journal

Bosses turn to ‘tattleware’ to keep tabs on employees working from home - The Guardian

Office Occupancy Sputtered in August as Delta Variant Foiled Return-to-Work Hopes - The Wall Street Journal

Employers are hopeful the end of expanded unemployment benefits will help end labor shortages around the country as roughly 8.9 million Americans saw their benefits end this Labor Day weekend. Some economists have warned that ending expanded unemployment benefits won't immediately solve the labor shortage, but some business owners have said they’ve received calls from former employees looking to return to work.

With Federal Unemployment Benefits Expired, Restaurant Industry Ready To Roll Out Welcome Mat To Job Seekers - WLNY

Unemployment Benefits Expire for Millions Without Pushback from Biden - New York Times

@RaleighBowman: Millions of people. Eleven million, to be exact, will lose their unemployment benefits today that have barely kept people afloat. We continue to see the rich get richer off our pain and suffering, and it’s time to say no more. This #LaborDay, it’s time to demand better.

New York Gov. Kathy Hochul signed the HERO Act over Labor Day weekend, requiring employers to implement workplace safety plans to combat airborne diseases such as COVID-19. The governor said the bill addresses the reality that the country is still fighting the coronavirus despite hopes that the pandemic would have ended by now by improving workplace health and safety standards.

Labor Day Return to Normal in New York Is Tripped Up by Delta Variant - The Wall Street Journal

COVID precautions like masks, distancing (and a shot) will help fight flu season, doctors say - WCPO

97% Oracle Park workers vote to strike over COVID-19 safety - KRON 4

Although football season is set to begin Sept. 9, observers warned the NFL’s high vaccination rates and high ticket sales don’t guarantee a “return to normal” as the delta variant weighs heavily on the league and the country’s mind. While only about 7% of NFL players are not vaccinated, their absences could be amplified by the extensive contact tracing and other health measures required by the league for those who choose not to get vaccinated.

The NFL had a secret COVID-19 plan; the inside story of why the league didn't need it - The Los Angeles Times

NFL’s new position-specific helmets, rule changes, COVID-19 rules, former player deaths - NBC Sports

"6 best practices for launching a workplace vaccine strategy" - Employee Benefit News / SOURCE: Littler COVID-19 Vaccine Employer Survey Report

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Turbine Labs has tracked 14,016 media articles and blogs and 39,539 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Wednesday, Sept. 8, 2021 at 9:30AM ET....

Millions of unemployed Americans face losing a financial lifeline as three weekly federal unemployment benefits programs are set to expire this weekend. The cutoffs come as the number of people applying for aid dropped to its lowest level during the pandemic. The expiration is expected to show the true state of the U.S. jobs market, although economists have suggested that the availability of the benefits had less influence on returning to work than other concerns like health risks and fewer and more expensive childcare options.

UBS Group CEO Ralph Hamers announced that any staff members who do not want to get a coronavirus vaccine can apply to work from home, suggesting a flexible approach as banks struggle to get employees back to the office. A recent survey found that 4 in 10 Manhattan employers have delayed their return to the office deadlines as the delta variant surges, though more than three-quarters of respondents expect to be back in the office by January 2022.

New legislation in Texas concerning voting and abortion has prompted concern from some of the state’s largest companies. American Airlines and Dell expressed disappointment over the state’s election laws, while Bumble and Match established a fund to help Texas workers affected by the state’s abortion law. Some warned the laws may harm Texas’s attraction for employers, but Gov. Greg Abbot argued the laws enjoy support in the business community.

Ford and General Motors announced cuts in production as the global chip shortage continues to affect supply chains. Ford’s U.S. sales dropped 33% in the last month as predictions that the shortage would ease by late 2021 appear over-optimistic, although a primary supplier for Nissan said manufacturers will ramp up production again during the fiscal year.

The CDC recommended unvaccinated people avoid travel this Labor Day weekend as 51 million Americans said they plan to travel, according to one survey. The CDC urged caution from vaccinated travelers as well, however, some airline passengers said a primary reason they got the vaccine was so they could travel despite the risks posed by the coronavirus.

Initial filings for unemployment insurance fell last week to their lowest levels since March 2020 ahead of the emergency unemployment benefits slated to run out nationwide in less than a week. The ending of the safety-net program will affect millions of Americans. States that ended unemployment benefits early have seen about the same job growth as states that continued offering the pandemic-related aid. Though enhanced benefits did cause some people to stay out of the labor market, economists point to school closures, fear of COVID-19 and employee retirement as factors that have also held back job growth this year.

The research keeps coming about how governors hurt their states when they cut off unemployment benefits early - Insider

What's next for states as enhanced unemployment benefits are set to end? - CBS News

New York City Mayor Bill de Blasio directed the city’s municipal office workers to return to in-person work by Sept. 13 following an executive order that will require city employees to be vaccinated or produce weekly COVID-19 tests. The city currently sits at a 59% vaccination rate. Despite growing concerns over the delta variant, de Blasio is intent on following through with the promise of reopening the city.

Most Americans comfortable returning to office regardless of coworkers' vaccination status - Fortune

UBS CEO Says Staff Who Don’t Want Vaccine Can Work From Home - Bloomberg

Florida businesses and governments that require proof of the COVID-19 vaccination from customers or members of the public will be subjected to $5,000 in fines – the maximum penalty allowed by law. The Republican-led Florida legislature has been intent on banning vaccine passports. The law is being tested by Disney and other cruise lines that sail from the state’s ports. Disney joins the growing number of companies imposing vaccine mandates for employees.

This fake ‘Maderna’ vaccine card sees woman facing a year in prison and $5,000 fine in Hawaii - MarketWatch

@mikevansickler: Violators will be issued a notice of their infraction, and they’ll have a chance to appeal their fines. Once a fine is imposed, they'll have 30 days to pay it. The rule goes into effect Sept. 16. Florida cracking down, the latest via @KirbyWTweets

After a slowdown this summer, the White House announced that COVID-19 first-time vaccination rates are now on the rise. More companies are considering alternatives to vaccine mandates following Delta Air Lines’ decision to implement a $200 monthly surcharge on unvaccinated employees enrolled in the company’s health care plan. These companies view the surcharge as a way to boost vaccinations while avoiding layoffs and other disciplinary action, though the potential for increased administrative and regulatory burdens remains a concern.

Fired, sick or both: The financial price you could pay for choosing not to get vaccinated - The Washington Post

State nixes religious exemption in vaccine mandate for health care workers - Crain’s New York Business

Exploring how businesses will proceed as life returns to normal, the PBS documentary “Future of Work” looks at the growing role robots will play in various industries and how they may become a threat to American jobs. The show says that new jobs will replace old ones as new technologies require new skills, but critics argue the point of automation has always been to replace human behavior.

Agility Robotics' Digit gets a warehouse gig - TechCrunch

More than 50 robots are working at Singapore's high-tech hospital - CNN

@amerigrad: “Hard work is the essence of your existence.” But the advancement of technologies like automation and artificial intelligence have started to blur the line between the American Dream and reality. Stream Episode 1 of #FutureOfWorkPBS from @PBS

"Millions Will Lose Unemployment Benefits. That Doesn't Mean They'll Return To Work" - NPR / Source: Bureau of Labor Statistics

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Google delayed its return to the office to January 2022, joining tech companies like Amazon, Facebook and Apple in reassessing return-to-work plans amid the spread of the delta variant. Google has repeatedly postponed its return to offices, following guidance from government health experts.

September isn’t bringing a return to normal. Many Americans are fatigued. - The Washington Post

How a Rising Generation Views Remote Work - The Wall Street Journal

The Southwest Airlines Pilots Association alleged the company violated federal labor laws by altering work rules during the pandemic travel slump without negotiating the changes. Southwest, which said it would scale back its schedules for the rest of the year, denied the allegations. The lawsuit follows news that workers have planned pickets at airports over the upcoming holiday season to protest working conditions.

‘The algorithm fired me’: California bill takes on Amazon’s notorious work culture - Los Angeles Times

Uber proposes industry-wide gig worker benefits model in Canada - Reuters

AFL-CIO’s Shuler Says Priority Is Overhaul of U.S. Labor Laws - Bloomberg

@MarkCCrowley: Two Different Flight Plans: Southwest Airlines pilots are suing the company saying #management exposed them to greater risks via their working conditions and pay during #COVID while protecting "themselves by closing down headquarter offices to #work from home and meeting virtually."

Vaccination rates rose in August as COVID-19 cases surged due to the delta variant and more governments, schools and businesses adopted vaccine mandates. About 14 million U.S. residents received their first dose of a coronavirus shot in August – about 4 million more than in July.

Could the Delta wave peak soon in the U.S., as some analysts suggest? - Fortune

Experience, Education, Vaccination: The New Qualifications for Job Seekers- The New York Times

Europe Hits Covid-19 Milestone With 70% of Adults Vaccinated - The Wall Street Journal

U.S. consumer confidence fell to a six-month low as COVID-19 infections and higher inflation dimmed the economy’s outlook. Over the next six months, consumers are expected to be less inclined to buy big-ticket items like motor vehicles and major household appliances, supporting the view that consumer spending will slow after a period of robust growth.

For consumers, gloomy times may translate to less spending - Marketplace

New York’s Brief Hot Restaurant Summer: Bread Binges and Dance Parties - The New York Times

@LizAnnSonders: Major sore spot from yesterday’s ⁦ @Conferenceboard ⁩ Consumer Confidence report … expectations for better business conditions in next 6m have soured and are at lowest since March 2020

Lake Tahoe, which became a popular destination for remote workers during the pandemic, is the latest region threatened by the effects of climate change. Thousands of people were ordered to evacuate parts of Lake Tahoe as the Caldor fire continued its spread. Cal Fire said Tuesday that the fire is 16% contained and has burned 191,000 acres.

Thinking about a working getaway? Here are the world's top 10 spots for 'workations' - CNBC

EU takes US off safe travel list; backs travel restrictions - Associated Press

@JesseFFerguson: #ClimateCrisis "The raging wildfire that is encroaching upon Lake Tahoe threatens to mar the pristine alpine lake that draws approximately 15 mil visitors a year to its cobalt waters and sandy beaches, remote mountain trails and world-class ski resorts"

"Delta is changing Americans' behavior - Ipsos / Source: Axios/Ipsos Coronavirus Index, fielded between August 13-16, 2021

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Turbine Labs has tracked 23,307 media articles and blogs and 32,899 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Thursday, September 2, at 9:30AM ET.

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Nike closed its corporate offices for a week to prioritize its employees’ mental health. While the move was celebrated by corporate employees and employment law advocates, retail locations are still open, raising concerns about “which kind of workers they care about and are willing to invest in.”

Employers name mental health access as key priority: survey - FierceHealthcare

HRE’s Number of the Day: rising employee anxiety - HR Executive

5 Ways to Create a Psychologically Safer Workplace for Post Pandemic Employees - Entrepreneur

@Sarakshi: Nike taking on mental health of their employees at the work place. It will be interesting to see if this becomes the norm at most companies in the next 5 years.

Vaccine manufacturer AstraZeneca announced it will require all of its U.S. employees to get the coronavirus vaccine if they intend to return to the office or interact in person with customers. A Michigan State University employee filed a lawsuit Friday against the university challenging its vaccine mandate, saying her doctor told her the vaccine was not necessary for her after contracting the virus in 2020.

FDA approval of Pfizer-BioNTech vaccine provides cover for employer mandates - HR Dive

Indianapolis-based Roche to require employees to get COVID-19 vaccines - Indianapolis Star

Duke University mandates Covid vaccines for staff and reinstitutes mask rules following outbreak - CNBC

New Jersey Gov. Phil Murphy said the state will end pandemic-related unemployment benefits when they are set to expire Saturday rather than extend federal relief funds, noting that continuing the three federal assistance programs would cost the state millions of dollars. A Florida judge struck down a lawsuit against Gov. Ron DeSantis and the state to reinstate temporary federal unemployment benefits. Florida was one of 26 states that ended the benefits early, arguing that it encouraged people not to work.

Extra unemployment benefits ending soon, leaving millions without an income - Fox Business

Is it really the right time to end pandemic unemployment insurance? - Vox

While remote work can help employers attract more candidates, states with higher costs of living could lose out on growth as employees choose to live in more affordable areas. Although the shift from physical locations offers unprecedented opportunities for workers in low-income countries, it also underscores the disadvantages in areas like compensation and labor protection compared to their peers in high-income countries.

The Winners of Remote Work -The New York Times

Employers and employees hit by tax issues from remote work out of state - Accounting Today

Honolulu restaurants, bars and other businesses will require proof of a COVID-19 vaccination or a negative coronavirus test to enter beginning Sept. 13. Hawaii state officials are considering a stay-at-home order for Labor Day weekend following the state’s worst day of the pandemic on Sunday, with 2 deaths and nearly 1,700 cases reported.

Delta variant halts Hawaii's steady tourism rebound - Travel Weekly

Hawaii hospitals face possible oxygen shortage amid rise in COVID-19 patients - Honolulu Star-Advertiser

@TheTomGeorge: Honolulu Mayor Blangiardi: “I’m on record as saying I do not want a lockdown” but says we need to do something to curb #COVID19 — says vaccine passport can help do that and encourage vaccinations @KITV4 #Hawaii

"afternoon chart. want to bring inflation down? I do. it's vaccinations not tapering that we need immediately. #VaccinesWork" - @Claudia_Sahm on Twitter

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Turbine Labs has tracked 23,311 media articles and blogs and 17,435 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on September 1, 2021, at 9:30AM ET.

Questions or feedback? Don't hesitate to reach out to us directly.

Hurricane Ida made landfall in Louisiana last night on the 16th anniversary of Hurricane Katrina, coinciding with a massive surge in COVID-19 cases throughout the state. Although some hospitals evacuated staff and patients, New Orleans hospitals planned to endure the brunt of the storm. Neighboring Mississippi, dealing with its own COVID-19 surge, also faced continued strain on its healthcare system as the storm hit the coast.

I’m Waiting for Hurricane Ida With COVID-19 - The Atlantic

How does Ida compare with Katrina? - The New York Times

@ProfB: What is happening with Ida in Louisiana is why we need all the money for infrastructure. People will not be able to live in certain parts of Southern Louisiana for a long time. No electricity, cell towers, roofs blowing off of a hospital.. and that's what we know right now.

@TheLastWord: Dr. Mark Kline, Physician-in-Chief of Children's Hospital New Orleans, tells @CapehartJ that his "staff is exhausted" due to a surge of children infected with Covid-19 and "the last thing in the world that we need right now is a category four storm."

Inflation in the last 12 months rose to its fastest pace in roughly thirty years as consumer spending in July saw a low increase amid a rise in delta variant cases. Slow consumer spending in July supports the view that economic growth is likely to stagnate in the third quarter, although the Commerce Department noted rising wages and businesses exporting more goods may suggest the sluggish growth is temporary.

Consumer confidence, construction spending, nonfarm payrolls - Associated Press

U.S. Household Income Jumped in July as Spending Growth Slowed - The Wall Street Journal

In an annual economic conference, Federal Reserve Chair Jerome Powell emphasized the economy’s progress toward reaching the benchmarks for rolling back the Fed’s pandemic-related support programs, indicating a possible cut to its asset purchases this year. While Powell said job seekers are expected to help reach maximum employment, analysts noted that assessing maximum employment is difficult due to irregular economic activity during the pandemic.

Pandemic jobless benefits expire soon. Don't expect employment to suddenly soar - CNN

@Schuldensuehner: Real yields fall sharply after Jackson Hole highlighting Powell’s commentary represented pure dovishness. One such comment: "The pattern of low inflation likely reflects sustained dis-inflationary forces, including technology, globalization, and perhaps demographic factors".

Americans planning to travel Labor Day weekend may face difficulties reaching European destinations as the EU will recommend a halt to nonessential travel from the United States amid a surge in U.S. COVID-19 cases. The news comes as the TSA said travel in the U.S. plummeted since the beginning of August.

European Union To Remove The U.S. From Its ‘Safe Travel’ List - Forbes

How Americans Are Planning to Travel Over Labor Day Weekend 2021 - Condé Nast Traveler

@DaveKeating: Hearing this will become official tomorrow. The EU has become tired of waiting for Biden to end the US entry ban on Europeans. With no reciprocity forthcoming, and with US Covid case rates soaring, Americans will again be restricted from entering the EU.

Parents are grappling with the safety of in-person classes as students across the country return to school alongside a rise in coronavirus cases amongst children. While Los Angeles County has taken the step of indefinitely requiring weekly coronavirus tests for both students and faculty, the risk for unvaccinated students remains high as a California elementary school teacher recently infected half of her class after briefly unmasking.

Another Back-to-School Hurdle: Not Enough Bus Drivers - Bloomberg

Virtual schools saw little disruption, got equal virus aid - Associated Press

"Treasury Demand Shows Resilience as Fed Signals Bond-Buying Pullback" - The Wall Street Journal / SOURCE: Tradeweb ICE Closes

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People who received two doses of the Pfizer COVID-19 vaccine have a higher risk of contracting the delta variant than those who recovered from coronavirus earlier in the pandemic, proving the immunity gained from earlier infection is stronger than the protection provided by the vaccine. Still, the risk of developing a rare blood clot is significantly higher from catching COVID-19 than it is from being vaccinated.

With more than 100,000 people in the hospital with Covid-19 in the US, this August is worse than last, expert says - CNN

Researchers Ready Lab-Grown Covid-19 Delta Variant for Human Trials - The Wall Street Journal

@ASlavitt: Vaccines are 66% vs Delta infections, 97% against Delta hospitalization, even better against getting ventilated.Science still beats viral evolution soundly. But without more rapid vaccination, the virus still triumphs. Triumphs through replication. 9/

U.S. consumer spending grew by 0.3% in July and income rose by 1.1%, according to the Commerce Department. The slowdown in growth suggests the delta variant continues to cause consumer fear, threatening economic recovery. Stock futures rose ahead of Federal Reserve Chairman Jerome Powell’s speech at the annual symposium. Investors will be looking for clues whether the delta variant has altered plans to begin scaling back asset purchases in coming months.

Jackson Hole’s Greatest Hits Keep Focus on Fed’s Annual Retreat - Bloomberg

Federal Reserve continues to face high inflation and a surge in COVID-19 cases - Fortune

Firms Wary as Money-Market Rule Changes Studied After Covid-19 Run - The Wall Street Journal

The Supreme Court lifted the Biden administration’s latest moratorium on evictions, siding with landlords and ending protections for millions who have been behind on their rent throughout the pandemic. The decision puts many at risk of losing their home.

"I just want to bust out crying": Evictions put strain on tenants and law enforcement - CBS News

About 89% of Rental Assistance Funds Have Not Been Distributed, Figures Show - The New York Times

Interest in remote work continued to surge throughout the pandemic with the share of online job searches for remote positions increasing by 460% from June 2019 to June 2021. The PC market in the US is one of the biggest industries that has benefited from the remote work shift, with companies like Dell Technologies reporting better than expected second-quarter revenue as hybrid work keeps demand for laptops, desktops and cloud services strong.

What’s fueling 'The Great Resignation' among younger generations? - Fortune

WeWork wins U.S. govt contract as pandemic delays return-to-office plans - Reuters

@elisir: Women lost significant progress in the workforce during the pandemic. As an executive @Remote as well as a founder, I have seen firsthand. Companies can correct course with remote work - if they do it right. Hint: it starts with belonging. #WomensEqualityDay

China said it plans to propose new rules banning internet companies with lots of sensitive consumer data from going public in the U.S. to limit the ambitions of the country’s tech firms and reduce potential security risks. In recent weeks regulators have said the rules target companies seeking foreign initial public offerings in industries like energy, transportation, finance and public services.

China Tech Rally Fizzles After Report on Tighter IPO Rules - Bloomberg

Tim Hortons cooks up China cybersecurity recipe - Reuters

@hadip: If you look around, every CEO is nodding their head because they know we NEED a plan to educate every American on basic cyber security hygiene, and also a plan to staff up our cyberdefense workforce. This needs to start early, in K-12, and reach everybody.

"The Hybrid Work Revolution Is Already Transforming Economies" - Bloomberg / Source: OECD

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Delta Air Lines will impose a $200 monthly surcharge for health insurance and weekly testings for its employees who are not vaccinated starting Nov. 1. Corporations such as Walmart and Mcdonald's have offered pay incentives and mandates to increase employee vaccinations, but Delta is the first major U.S. company to implement a penalty to encourage worker vaccination.

Vaccine penalties are here, and it's unclear whether they'll work - Axios

Get Shots or Get Out, U.S. Employers Are Telling Workers - Bloomberg

The GOP struggles with what to do on employer vaccine mandates - The Washington Post

Ford Motor announced it is delaying its hybrid return-to-work program for employees who have not already returned to offices until at least January, citing the spread of the delta variant. About 120,000 of Ford’s 182,000 employees, primarily in the manufacturing sector, have already returned to work.

Ford CEO: Up to 20% of factory workers are out on some days - CNN

Unionizing Could Be Next in the Return-to-Office Power Struggle - Bloomberg

@Benioff: A lot of things have changed for companies in this new pandemic world whether it’s Europe or the US and one of them is return to work. The phenomenon happening globally is not as many employees are coming back into their offices locally as any CEO expected.

Over half of people currently in the workforce said they will likely look for a new job in the next year, continuing the Great Resignation trend. Weekly jobless claims increased slightly last week but remain near the pandemic-era low, totaling 353,000. A separate survey found more than two-thirds of U.S. workers would choose remote work over office work, with 61% saying they would take a pay cut in exchange for being able to work remotely permanently.

The Hybrid Work Revolution Is Already Transforming Economies - Bloomberg

Creating Culture in a W.F.H. World: How 3 Small Businesses Did It - The New York Times

@rhjameson: The Hybrid Work Revolution Is Already Transforming Economies. Office workers are being set free. Countries with stagnant productivity records will be paying close attention.

The $3.5 trillion budget resolution passed on Tuesday by the House will likely produce a bill that raises taxes on wealthy corporations and strengthens the IRS tax enforcement to help fund a social safety net. Bill priorities include expanding Medicare to cover dental, hearing and vision care, offering some universal education and using clean energy sources.

Biden, Needing a Win, Enters a Sprint for His Economic Agenda The New York Times - The New York Times

Corporate tax hike to hit middle-class Americans, study shows - Fox Business

@LizYoungStrat: Odds showing less than 5% chance for corporate taxes going as high as 28%, strongest odds for the 25% rate that gets floated around. Polling has been a poor predictor of results in the past, though any hike would shave some off of 2022 earnings expectations.

Some of the country’s leading tech companies, like Apple, Google and Microsoft, committed to investing billions to bolster U.S. cybersecurity defenses following a meeting with President Joe Biden. The meeting comes during a relentless stretch of ransomware attacks, with many businesses still working remotely. Last week’s market review found investors have poured $11.5 billion into cybersecurity startups in the first half of 2021, up from $4.7 billion during the same time last year.

Biden calls cybersecurity 'core national security challenge' in meeting with tech, education and critical infrastructure leaders - CNN

Most Employees Took Cybersecurity Shortcuts During the Remote Working Period Despite Understanding the Risks - CPO Magazine

@ThomasOrTK: The last 18 months have delivered unprecedented cybersecurity challenges. We look forward to supporting @POTUS and the Administration’s cybersecurity agenda and helping accelerate the government’s journey to securing the software supply chain.

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