The current gap between demand and supply is about 2.6 million packages a day, for a seven-day week, which will rise to 7.2 million during the upcoming peak season, according to data from Pittsburgh-based ShipMatrix. “It doesn't mean those packages won't get moved, but they will be affected in terms Read more…
United Airlines To Rapid Test Passengers For COVID Tyler Durden Thu, 10/29/2020 – 12:40 For people who want to fly but are worried about contracting COVID-19, United Airlines is offering rapid virus testing for transatlantic flights starting next month. United announced Thursday morning that from Nov. 11, “rapid tests to every passenger Read more…
ZOOM vs EXXON: Revenue (LTM): $1.34BN vs $214BN Employees: 3,427 vs 75,000 Market Cap: $141BN vs $136BN – zerohedge (@zerohedge) October 29, 2020 In an attempt to recover some of its former glory, last night Exxon announced that it would be keeping its precious 87 cent/share dividend, which many Read more…
Strong gains at the start of October have given way to losses, and previous winners such as tech shares are signaling a shift in sentiment. The Stoxx 600 has already lost 2.7% this week and futures are signally another sharp drop today. Instead of the V-shaped economic revival many had Read more…
This is everything people hate about Washington – two-faced liars who push their own agendas at the expense of the People. How many other “senior officials” who we've been reading about for years are just mid-level douche bags who think they're Spartacus. Anonymous was another media hoax. The book and Read more…
Meanwhile, in Avignon, a man wielding a knife while also shouting “Allahu Akbar” was shot dead after trying to attack police officers who were patrolling the street. “Muslims have a right to be angry and to kill millions of French people for the massacres of the past,” tweeted Mohamad. The Read more…
“This Was A Terrible Mistake”: Apollo's Black Regrets Giving Epstein A “Second Chance” Tyler Durden Thu, 10/29/2020 – 11:15 In the aftermath of the widespread blowback amid Apollo clients, many of whom have frozen their new capital allocations to the private equity giant in response to recent reports that co-founder Read more…
“Large Lot” Stock-Sellers Surge As 'VaR-Shock' Forces Major De-Grossing Flows Tyler Durden Thu, 10/29/2020 – 10:35 Despite the scary stock market headlines, there was no real panic yesterday, as the selling felt fairly mechanical and controlled as the marked was pulled down through 3300 in the S&P 500. However, “large Read more…
“Large Lot” Stock-Sellers Surge As 'VaR-Schock' Forces Major De-Grossing Flows Tyler Durden Thu, 10/29/2020 – 10:35 Despite the scary stock market headlines, there was no real panic yesterday, as the selling felt fairly mechanical and controlled as the marked was pulled down through 3300 in the S&P 500. However, “large Read more…
Pending Home Sales Slump In September Tyler Durden Thu, 10/29/2020 – 10:05 Pending home sales were expected to rise 2.9% MoM in September, breaking the tie between a disappointing slowdown in new home sales and exuberant surge in existing home sales. However, after screaming to a record high in August, Read more…