Tesla's furlough calls begin with delivery and sales taking a hit

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Tesla's furlough calls begin with delivery and sales taking a hit

Tesla started Friday to furlough its sales and delivery workforce — with the least experienced employees bearing the brunt of the action — days after a companywide email announced salary cuts and reductions due to the COVID-19 pandemic. Several …
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Uber switches course, adds drivers with preexisting conditions to sick leave policy

Uber drivers and delivery people are considered “essential” workers, meaning they can continue to work even as the coronavirus spreads. NurPhoto/Getty Images. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO …
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Another Tail Risk Hedge Fund Had Eye-Popping March Returns

… letter to clients obtained by Bloomberg. Including client cash held in reserve, the fund returned 157% in March and 400% since its inception Feb. 1.
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Coronavirus chill: LA-Orange County inflation takes biggest fall since 2008 meltdown

Inflation in Los Angeles and Orange counties in March fell by the largest amount since the Great Recession. The local Consumer Price Index rose at a 1.9% annual pace in March. That’s down from 3.4% in February, a 14-month high. The 1.5 percentage-point, …
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Bloomberg: With humans in hiding, animals take back the world

A view shows clear waters by gondolas in Venice's Grand Canal on March 18, 2020 as a result of the stoppage of motorboat traffic, following the
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