Budget European Carriers EasyJet, Eurowings Follow Suit The news comes as UK low-cost carrier EasyJet announced on Thursday it planned to cut roughly 30 percent of its workforce amid market turmoil in the aviation industry from the ongoing COVID-19 pandemic. … [Read more...] about American Airlines to Slash 30 Percent of Staff as Carriers Expect Years of Profit Loss Amid COVID-19
Drilling 80 percent lower
The research, published in the scientific journal Thorax, notes that 128 of 217 passengers and crew members tested positive for the disease caused by SARS-CoV-2. Of those, 81 percent did not show symptoms, leading researchers to conclude "the prevalence of COVID-19 on affected cruise ships is likely to be significantly underestimated." … [Read more...] about 81 percent of COVID-19 patients on cruise were asymptomatic, study says, raising concerns on lifting lockdown
He said: “There will be a surge in the positive cases after relaxations are introduced. We are planning to ease out the restrictions in a phased and calibrated manner to avoid a sudden spike in cases. Meanwhile, the health infrastructure is being ramped up to ensure we are prepared for any eventuality.” … [Read more...] about Coronavirus pandemic | Nearly 80% of Maharashtra’s COVID-19 cases reported in May
Ultimately, we might find out that the IFR is even lower because numerous studies and hard counts of confined populations have shown a much higher percentage of asymptomatic cases. Simply adjusting for a 50% asymptomatic rate would drop their fatality rate to 0.2% – exactly the rate of fatality Dr. John Ionnidis of Stanford University projected. … [Read more...] about CDC Suggests Coronavirus Fatality Rate Higher than Flu’s, but at Least 8X Lower than Initial Estimates
First, what exactly is Warren Buffett complaining about in his New York Times op-ed this morning? He bemoans the fact that he only paid a 17.4% tax rate last year, which would effectively put him in the bracket for making an income of between $8,500 and $34,500. Of course, he didn't. The numbers he provided imply that he made close to $40 million. That's not a bad year. So what's going on here? He explains: … [Read more...] about Should Billionaires Pay Lower Taxes Than You Do?
When it came to work, the report, titled Coronavirus and how People Spent Their Time Under Lockdown: 28 March to 26 April 2020, said that those in England and Wales with the lowest household incomes increased their total time in paid work, "working a similar amount of time outside of the home as they did in 2014 to 2015." … [Read more...] about Brits Spend 147 Percent More Time on Gardening and DIY in Lockdown