How a Virus Upended the Business World

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

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The coronavirus pandemic now sweeping across the country is also roiling every corner of the U.S. economy

The rapidly spreading coronavirus has reached every corner of the U.S. economy, upending the jobs of Seattle taxi drivers, Texas oil workers and Wall Street traders -- and nearly everyone in between.

The virulent invader, which swept through Asia and Europe, is leading many U.S. businesses to hoard cash, pare spending and rethink how they operate without knowing how long the troubles will last. Some that lost business may never get that revenue back. Thinner profit margins and a focus on cost cutting mean some firms may lose...

 

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Lots of money being made

When will toilet paper be listed as a commodity and used as a fear index like the VIX?

And with 82 confirmed cases, 3 death cases and a not ready at all country with more than 4 million population, Lebanon is DENYING the need for a state of emergency keeping its borders open for countries that are very much infected!!! StateOfEmergencyIsAMust Lebanon

Revolutionists take note.

I'm curious what everyone is gonna do with all the extra and expired milk in two weeks? Make shakes? Store was out and all I needed was a gallon for my 4 year old special needs child's bottle. Guess someone needed 3 gallons for their watered down mudslide corona 🍸 party 😱🤦‍♂️

All grocery stores in coronado were sold out of toilet paper this afternoon.

Let's combat WuhanCoronavirus together!

Hopefully people also buy in Asian grocery markets across the US

Paul Ryan’s WSJ blows. And you can tell him that between his push-ups.

USA should be less reliant on China

How? Fear mongering...THAT'S how...

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 /  🏆 98. in TH

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