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A lack of immunity could lead to a second wave of COVID-19 infections in China, according to the country's senior medical adviser."Herd immunity" would happen when enough of a population has become immune to the disease to prevent it from spreading, but questions remain about how long that immunity would last.The first case of the…
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New York just passed a temporary 15% cap on third-party delivery commissions and a limit of 5% on marketing contributions and other related fees. And Uber Eats, which just made a bid to buy Grubhub, is locked in a bitter feud with Jersey City Mayor Steve Fulop.Food delivery is booming during the pandemic, and so…
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After the coronavirus pandemic stopped the ferry service that delivers inventory to his grocery store, Toshua Parker started making weekly trips to stock up at a Costco located about 50 miles away.He owns the only grocery store in Gustavus, Alaska, a 450 person town boarding Glacier Bay National Park.Parker and his employees use a converted…
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Texas reported 1,801 new COVID-19 infections on Saturday — the highest single-day increase in COVID-19 cases in the state so far.More than 700 of the new cases came from the Amarillo area, a city along the Texas panhandle.Gov. Greg Abbott said he expected the number of positive cases to continue to rise as the state…
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Economists disagree about policy all the time, but almost always in good faith.White House economists have traditionally sought advice of both Democratic and Republican colleagues.That's why the absurd coronavirus model created by Trump's White House economists is so egregious and clearly partisan.Simon W. Bowmaker is Clinical Professor of Economics at the Stern School of Business,…
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This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. Outdoor Retailer is the largest biannual trade show for the outdoor industry, but it had to cancel its summer exposition due to COVID-19.Gearmunk, a gear review platform, configured a virtual solution: the Thin Air Outdoor Media Show, which will…
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IBM has devised a plan to open its office in waves once coronavirus cases begin to slow down. Dr. Lydia Campbell, the firm's chief medical officer of corporate health and safety, and her team designed a plan according to government directives, guidelines from public health authorities, and the company's own policies. The pandemic has forced IBM to…
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Getty Images In early 2020, with the company under stress from Wall Street and with a demographic challenge looming as it struggled to attract new riders, Harley-Davidson CEO Matt Levatich stepped down, replaced on an acting basis by board member Jochen Zeitz, who eventually was named CEO.Zeitz swiftly moved to replace Harley's growth strategy with…
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