Bloomberg - Evening Briefing - Holiday risk

Weekend Reading
Bloomberg

The extent of Covid-19’s spread across America this fall could depend in part on how people behave this Labor Day weekend. The first results showing whether a vaccine can stop the virus could come by mid-September. State health officials are cautioning the Trump administration not to rush out a possible vaccine prematurely. India is the latest hotspot to watch, while 83-year-old former Italian Prime Minister Silvio Berlusconi has been hospitalized with the virus. An immunity study in Iceland may signal good news.

What you’ll want to read this weekend

The tech selloff should be seen only as the removal of excess froth, investors say. It isn’t a repeat of the dotcom crash, yet, John Authers writes in Bloomberg Opinion. Increased trading spurred by Apple and Tesla’s share splits triggered outages on Robinhood and Schwab platforms.

A smart play by Amazon delivery drivers that involved hanging smartphones in trees got thwarted. Get set for a marketing blitz for Apple’s 5G iPhone and a cheaper treadmill from Peleton, while Samsung has refined the design for its $1,999 foldable phone.

Beijing began receiving its first international flights in months from low-risk countries. Airlines are removing seats to make space for cargo, and the hotel industry is betting more rooms will be needed for executives to make periodic visits to their headquarters. Believe it or not, the group tour is still a thing.

“Mulan” debuts on the Disney+ streaming service, while the arrival of “Tenet” will test American moviegoers’ appetite for theaters in a pandemic. Fans could see BTS perform for a few more years because South Korea may delay army service for K-pop artists.

This Labor Day, U.S. drivers can look forward to cheap gasoline prices. But hot dogs may be missing from the grill, so here are some tips on what makes a great steak sandwich.

What you’ll need to know next week

  • India is set to pass Brazil on virus cases. America is still No. 1.
  • Next Brexit negotiating round begins face-to-face in London.
  • Ray Dalio speaks at the Economic Club of New York’s webinar.
  • European Central Bank is unlikely to cut rates at its meeting.
  • NFL season begins. Will TV ratings be as bad as the U.S. Open?

What you’ll want to read in Businessweek

A Closer Look at a Deeply Polarized Nation

This U.S. election may be the most critical one in our lifetime, with the most polarizing president in modern U.S. history, a once-in-decades public-health crisis, a recession unlike any economists have seen. Bloomberg Businessweek maps how income inequality, partisanship, health disparities, the recession, racism, and climate change are affecting the country.

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A deadly fall awaits

Friday, September 4, 2020

Bloomberg Follow Us Get the newsletter A new long-term forecast predicts a significant acceleration in Covid-19 deaths in the US as colder weather takes hold. Under the latest projections from the

Vaccine in the crossfire

Friday, September 4, 2020

Bloomberg Follow Us Get the newsletter One of the world's fastest-moving joint efforts to develop a Covid-19 vaccine is falling behind rivals, apparently stymied by political tension between China

America plays virus whack-a-mole

Friday, September 4, 2020

Bloomberg Follow Us Get the newsletter New US coronavirus cases have started to decline in some hot spots while spiking in others, such as Iowa and South Dakota, signaling a new, “whack-a-mole” phase

Fauci’s stark warning

Friday, September 4, 2020

Bloomberg Follow Us Get the newsletter Anthony Fauci, America's top government infectious disease expert, said seven states should be particularly vigilant over the Labor Day holiday when it comes

Biden hits the trail—and Trump

Monday, August 31, 2020

Bloomberg Follow Us Get the newsletter As the general election campaign begins, former US Vice President Joe Biden hit the trail, slamming President Donald Trump for allegedly instigating violence in

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