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The Paycheck Protection Program data raises questions, again, about whether aid helped well-off businesses rather than those most in need. Extended federal unemployment benefits are coming to an end. And, why it matters that carbon dioxide is currently in short supply.
From the BBC World Service: TikTok has said it will withdraw from Hong Kong after China imposed a new security law on the city. A company spokesman told the BBC, “In light of recent events, we’ve decided to stop operations of the TikTok app in Hong Kong.” Also, whether the U.K. furlough scheme for workers has saved millions of jobs or just delayed the inevitable.
Uber is buying food-delivery service Postmates. Business for apps like Postmates has been up during COVID-19. Plus, an early look at why market futures were up all morning. And, how does the cancellation of minor league baseball this year affect the towns where teams play?
Berkshire Hathaway Energy has announced it will acquire Dominion Energy’s natural gas transmission and storage business. The Louvre Museum in Paris is reopening. And, is a tax on the meat industry and its carbon emissions coming soon?
From the BBC World Service: Visitors have been welcomed back to Paris’ Louvre Museum for the first time since March, but the museum’s boss says they still desperately need foreign tourists back as soon as possible. Plus, the biggest shake-up in U.K. accounting in decades. And, two years since the U.S.-China trade war began, where things stand now.
Change is in the air for Native American representation in both the arts as well as the football field. Also, we examine how something called forced arbitration can have a negative impact on Black and brown workers.
The U.K. relaxes some of its COVID-19 travel restrictions. Also, minimum wage increases have already started in some places despite the pandemic. We also talk to psychotherapist and author Megan Devine about the ties that bind grief to the economy.
From the BBC World Service: Pubs in England open on Saturday in an easing of lockdown rules. Édouard Philippe, the French Prime Minister, has resigned.
Nearly 5 million people found work in June, and the unemployment rate dropped to about 11%. But, there’s already concern about a July setback. Plus, reimagining the economy with Darren Walker, the president of the Ford Foundation.
A study in the Journal of the American Medical Association strongly suggests we are undercounting the number of COVID-19 deaths. It could change how policy planners and hospitals operate. And, the philanthropic Ford Foundation is borrowing money during the pandemic, so it can give more away.
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