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MARKETWATCH FRONT PAGE
Walt Disney Co. reported a quarterly loss of nearly $5 billion Tuesday due to a pandemic that has all but paralyzed its theme parks, live productions and cruise line. See full story.
Kodak shareholders were not the only beneficiaries of the sudden stock surge — holders of convertible bonds also saw tidy gains
Eastman Kodak Co.’s share price rally after news of a $765 million government loan to help it make drug ingredients at its U.S. factories has offered shareholders and executives with stock options a tidy windfall. But they’re not alone. See full story.
This is ‘the cognitive test Trump didn’t pass’: Internet reacts to president’s ‘shocking’ Axios interview
Last week, Axios political reporter Jonathan Swan teased his HBO interview with President Trump as “one of the most shocking exchanges” he’s ever had with him. Now, with the whole thing having aired, the “shocking” part about Trump claiming word of Russia funding the Taliban never reached his desk just seems to blend in with all the other stuff. See full story.
Here’s where things stand on the extra $600 a week in unemployment benefits that expired on Friday
Democrats are holding firm on the extra $600 a week unemployed Americans received through July 31 as part of the CARES Act. Republicans say the money is akin to paying Americans not to work. See full story.
The man who warned in 2018 that America was unprepared for a pandemic says: ‘The U.S. squandered every possible opportunity to control the coronavirus’
On the anniversary of the 1918 flu, Ed Yong warned of another pandemic. He says the U.S. must learn the lessons from the past seven months, adding, ‘COVID-19 is merely a harbinger of worse plagues to come.’ See full story.
MARKETWATCH PERSONAL FINANCE
The uncertainty, lack of exercise and less sleep have taken their toll, and even a small weight gain can affect your health. See full story.
