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Warren Buffett's daughter reportedly self-quarantines after potential coronavirus exposure

Susie Buffett sat next to someone who had just returned from a trip to Spain and subsequently rested positive for COVID-19, the Omaha World-Herald reported.




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'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response

Amazon will invest heavily in Covid-19 testing for its employees.




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Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty

Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China.




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Pinterest drops after reporting slowing user growth in first quarter results

Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.




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Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.




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Wendy's shares jump after company reports US same-store sales picking up as customers return

Wendy's reported that its U.S. same-store sales are rebounding after plunging in March and the first half of April.




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Lyft shares jump 15% as company reports more riders than last year despite coronavirus

Lyft reports its first-quarter results on Wednesday after the bell.




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Coronavirus-earnings season: What to expect as companies begin to report Tuesday

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.




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Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home

Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report.




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Britain could quarantine incoming travelers for 14 days, report suggests

Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday.




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Apple's earnings report could lead to big gains, options trader bets

The countdown to Apple earnings is on, and one options trader is betting on a big post-earnings bounce for the tech giant.




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April job losses may top 20 million, weekly jobless claims report signals

The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million.




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April employment report is expected to show more than 20 million lost jobs and depth of pain as US economy shut down

April's jobs report will be horrific, and with the worst job losses ever, it should provide a critical look into the economy's collapse.




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Some hope for the recovery in the dismal jobs report: 78% of workers say their layoff is temporary

Nearly 4 in 5 people who lost their jobs in the coronavirus crisis told the government they see their layoffs as temporary.




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7.5 million small businesses are at risk of closing, report finds

Millions of small businesses will close permanently if disruption caused by the coronavirus pandemic persists, according to a new survey from Main Street America.




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Everbridge CEO talks Q1 earnings report, return-to-work solutions

Everbridge CEO David Meredith discussed business systems to help combat the spread of coronavirus in the workplace.




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CVS CEO discusses strong Q1 report, beefing up coronavirus testing

CVS Health CEO Larry Merlo said the health retailer received validation that its strategy to make health care local is working.




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Hertz hires firm for bankruptcy preparation: Report

CNBC's Phil LeBeau on a report that Hertz has hired a firm to assist with bankruptcy preparations. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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Uber drops after earnings, Gene Munster digs into report

CNBC's Deirdre Bosa on Uber earnings. And Loup Ventures' Gene Munster on Uber's report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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What isn't the jobs report telling us?

CNBC's Steve Liesman on what's missing from the jobs report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.




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Global report: Iranian infections rise as France plans for resurgence

Spain extends state of emergency; Danish agency warns of risk of second wave

New coronavirus infections in Iran have risen sharply since the country relaxed its restrictions on movement, while France has said it will reimpose strict lockdowns if cases surge when it begins to emerge from confinement next week.

Tehran on Wednesday reported 1,680 new infections, nearly double the figure four days ago and the highest daily figure since 11 April when it allowed a phased return to work amid fears of economic collapse. A ban on travel between cities and business at shopping malls has since also been lifted.

Latvia, Lithuania and Estonia will open their borders to each others’ citizens from 15 May, creating a Baltic “travel bubble” within the EU.

Hundreds of Indian police have tested positive for the coronavirus in recent days, raising alarm among an over-stretched force as it attempts to enforce the world’s largest lockdown.

At least 90,000 healthcare workers worldwide – and possibly twice that – are believed to have been infected with Covid-19, and more than 260 nurses have died, the International Council of Nurses (ICN) said.

Professor Salim Abdool Karim, the South African government’s chief adviser, said the country’s strict lockdown and proactive screening and testing programme had helped limit its death toll to 148.

Continue reading...




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Global report: Russia becomes Europe's coronavirus hotspot

France confirms lockdown-easing from Monday as WHO warns on domestic violence

Another record rise in coronavirus infections has propelled Russia past Germany and France to the fifth highest tally in the world, as the French government confirmed the country would start gradually lifting its strict eight-week lockdown from Monday.

With much of Europe now easing itself out of confinement, Russia has become the continent’s new Covid-19 hotspot. More than half of the country’s 177,160 cases are in Moscow and the capital’s mayor, Sergei Sobyanin, said research suggested the actual number was nearer 300,000, more than triple the official figure.

Related: Covid-19 puts Putin's power plans on hold and economy in peril

Coronavirus cases in India have risen past 50,000, according to the country’s health ministry, with the pace of infection showing no sign of abating.

A new report suggested January’s Sundance film festival, the annual gathering of cinephiles in Park City, Utah, may have been a key early coronavirus hub in the US.

Iran said on Thursday its coronavirus outbreak was “relatively stable” as it announced more than 1,000 infections for a fourth straight day.

Poland has postponed Sunday’s presidential election. The postal-only ballot will now take place as soon as possible, but probably not before June.

Mayors in many of the world’s leading cities have said there can be no return to business as usual in the aftermath of the coronavirus crisis if humanity is to escape catastrophic climate breakdown.

Italy’s government and Roman Catholic bishops signed an agreement to allow the faithful to attend mass again from later this month.

Continue reading...




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April jobs report can shed light on how long the unemployment crisis could last, economist says

The April jobs report is expected to show the worst unemployment rate since the Great Recession. Michelle Girard, chief U.S. economist at NatWest Markets, and Beth Akers, senior fellow at the Manhattan Institute, joins "Squawk Box" to discuss what they expect.




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Futures point to higher open ahead of April jobs report

U.S. stock futures rose early Friday morning after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020. CNBC's Frank Holland reports.




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Why Goldman's Jan Hatzius believes job losses may be higher than reported

Jan Hatzius of Goldman Sachs joins "Squawk on the Street" to discuss the latest jobs number, which saw the unemployment rate soar to 14.7 percent.




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SaaS Financial Impact Research Report: The Impact of a Pandemic on B2B SaaS Companies

Between April 10 - April 30, 2020, RevOps Squared partnered with SandHill Group to conduct research that will help us understand how financial planning and 2020 forecasts within the SaaS industry have been impacted by COVID-19. This is the summary report of our findings.

Keep on reading: SaaS Financial Impact Research Report: The Impact of a Pandemic on B2B SaaS Companies




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As Trump Claims "Fantastic Job" on COVID, Reporter Laurie Garrett Warns Pandemic May Last 36+ Months

As President Trump starts to reopen the country, Pulitzer Prize-winning science writer Laurie Garrett predicts the pandemic will last at least 36 months. Meanwhile, a top government vaccine specialist says he was forced from his job after he resisted the administration's promotion of untested treatments for COVID-19. Garrett predicted the pandemic. In an extended interview, she discusses what's next.




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Reliance Jio Likely To Have Two More Investors In the Coming Days: Report

It seems that Reliance Jio is likely to garner more funds as two companies might invest in its platform in the coming days. Now, it has been reported that the US-based private equity firm General Atlantic is expected to invest about




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U.S. rail carload and intermodal volumes see steep declines in April, reports AAR

U.S. rail carloads in April—at 980,535—were off 25.2%, or 329,693 carloads, annually, and intermodal containers and trailers—at 1,095,423—slipped 17.2%, or 227,165 units.




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Further COVID-19 U.S-bound import declines are expected, notes Port Tracker report

Heavy declines for imports at United States-based retail container ports, due to the ongoing COVID-19 pandemic, are expected to continue in the coming months, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.




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REPORTING OF F Y TRANSACTION IN NEXT YEAR

Sir
Some services were exported to UAE on payment of taxes, whereas some were done under Letter of undertaking. however since not reported in F Y 2018-19, they were reported in June-2019 & shown as export & taxes paid wherever applicable along with tax. Now my query
in Annual Return 9 whether i have to report in Serial no 10, ie. next year reporting of transactions or where?
kindly guide me




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Covid-19: Air France-KLM reports €815 million first-quarter operating loss

Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover.




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Brazil reports new daily record for Covid-19 deaths as country’s cases exceed 145,000

Brazil, the country in Latin America that has been hardest hit by the coronavirus crisis, said Friday it had reached a new daily record for COVID-19 fatalities with 751 deaths.




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N. Korean media silent on Kim Jong Un's health after surgery reports

North Korean state media on Wednesday made no mention of new appearances by leader Kim Jong Un, a day after intense international speculation over his health was sparked by media reports he was gravely ill after a cardiovascular procedure.




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New Zealand reports no new coronavirus cases

New Zealand on Monday recorded no new cases of the coronavirus for the first time since March 16 and less than a week after the Pacific nation ended a strict lockdown that appears to have contained the outbreak.




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Week Seven Quarantine Report

We’ve reached the “Take Arty Black and White Pictures of a Telephone Pole” stage of the quarantine, so, you know, well done us. * And just how was this week in quarantine, Scalzi? I mean, oddly enough, it was… fine? Not terrible, not great, and I’ve gotten to the point, I guess, where it doesn’t […]






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Global report: Trump says Covid-19 will 'go away without vaccine', expects US death toll to top 95,000

Mike Pence’s press secretary tests positive to coronavirus; China reports one new case; Russia reports 10,000 new cases for sixth day in a row

Donald Trump has said coronavirus will “go away without a vaccine” and is expecting 95,000 or more deaths in the US, as Mike Pence’s press secretary tested positive for coronavirus.

The president’s comments, at an event with Republican lawmakers, capped a horror week in the US, in which it was revealed unemployment had risen to 14.7%, up from 3.5% in February, with 20 million people losing their jobs in April.

Continue reading...




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Reports of an insect apocalypse are overblown but still concerning

While an alarming 9 per cent of insects on land are being lost each decade, the state of the world’s insects is much more nuanced than warnings of an insect apocalypse




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Larry Kudlow on April jobs report: Trump assembled $9T rescue plan, we’ve done the best we can

U.S. loses record 20.5 million jobs in the month of April; White House National Economic Council Director Larry Kudlow weighs in on ‘America’s Newsroom.’





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Russia is fast becoming a coronavirus epicenter, with health workers still reporting PPE shortages. Putin is already thinking about reopening.

On Thursday, the country reported its largest one-day increase in new cases of 11,231 — yet President Putin already has his eyes on reopening.





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Report says cellphone data suggests October shutdown at Wuhan lab, but experts are skeptical

U.S. and U.K. intel agencies are reviewing the private report, but intel analysts examined and couldn't confirm a similar theory previously.





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Ex-husband of Biden accuser Tara Reade said she told him of being sexual harassed: report

Biden has repeatedly denied Reade's allegation.





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BBC News - Special reports




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Navi Mumbai Municipal Corp offers reward to people who report illegal debris


Representational picture

The Navi Mumbai Municipal corporation (NMMC) has offered cash reward to those people, who report about illegal dumping of debris or garbage within the city limits, especially in mangrove areas. This announcement was made yesterday by municipal commissioner N Ramaswamy, an official said today.

The move is aimed at ensuring that debris is not dumped illegally or in a haphazard manner, the official said adding that the NMMC wants people to send pictures of illegal debris or garbage dumping. "The civic body has offered cash reward of Rs 1,000 to those who expose the people or vehicles dumping debris or garbage illegally in the city, especially in the mangrove areas, " an NMMC spokesperson said.

"The corporation wants people to take photographs of the vehicles dumping debris and send it to us. We will not only act against the vehicle owners or the persons who dump it, but will ensure that they clear the dumped debris from the spot," the spokesperson added. In order to implement this scheme, civic ward officers have been appointed as the nodal officers, he said.

Citizens can share the pictures of illegal dumping of debris on the WhatsApp number- 8422955912. They can also register complaints on the NMMC website- /www.nmmc.gov.in/. In the recent past, illegal dumping of debris in mangroves has been reported widely from the several sections of the society at several places, including Palm Beach Road and Ghansoli. "Names of those who report about debris dumping will not be disclosed," he said.





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WhatsApp rolls out 'Restrict Group' feature for admins, say report

San Francisco: Facebook-owned WhatsApp is rolling out its "Restrict Group" for all iOS, Android and Windows Phone users -- a feature that gives the group administrator powers to restrict other members from sending text messages, photographs, videos, GIFs, documents or voice messages in case the admin thinks so.

According to WABetaInfo, a popular fan site that tests new WhatsApp features early, you need to update your WhatsApp version to the 2.18.132 Android update in order to remotely receive the activation of the feature.

The "Restrict Group" feature, first spotted in last December, adds "Privacy settings" in the group.

"All participants can normally edit the group description, icon and subject, but finally the administrator can restrict this feature today, preventing no-administrators to modify the group description," the website said.

This action can be managed in the Admin Settings, a new option located in Group Info that's visible to the administrator only.

In Admin Settings, the administrator can restrict who can change the group info.

Administrators can keep sharing media and chatting as normal as they restrict other members.

Once restricted, other members will simply have to read their messages and will not be able to respond.

They will have to use the "Message Admin" button to post a message or share media to the group. The message will need to be approved by the administrator before going through to the rest of the group.

In October, reports said administrators on WhatsApp groups will soon be able to choose if other participants can modify the subject of the group, its icon and its description.

With over 1.5 billion monthly active users, WhatsApp is available in more than 50 different languages around the world and in 10 Indian languages.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

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Twitter working on encrypted messaging feature: Report


As data security concerns on Facebook and WhatsApp loom large, Twitter is reportedly working on a 'Secret' encrypted messages feature which could make the microblogging platform safer for sensitive communications.

With this feature, Twitter is expected to roll out options about encrypted messaging like starting a secret conversation and viewing both sides of the conversation for encryption keys to verify a secure connection, TechCrunch reported on Monday.

The encrypted Direct Message (DM) option was first spotted inside Twitter for APK that contains codes for unreleased features that companies are testing.

Instant messaging app WhatsApp uses "end-to-end encryption" in all conversations. This can be opted into Messenger.

End-to-end encrypted messages are secured with a lock and only the sender and recipient have the special key needed to unlock and read them.

For added protection, every message sent has its own unique lock and key. No one can intercept the communications.

Last week, WhatsApp co-founder and CEO Jan Koum quit reportedly "after clashing with its parent, Facebook, over the popular messaging service's strategy and Facebook's attempts to use its personal data and weaken its encryption".

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Twitter testing end-to-end encrypted messaging, say report

Representational picture

Washington: Twitter is reportedly testing a new feature on its Android app that makes messaging secure with end-to-end encryption.

Called 'Secret Conversation', the feature is expected to be available in the conversation info section in direct messaging of the Twitter app on Android, Mashable reports.

As users seek more security, end-to-end encryption has become a new mandate for messaging apps. The technology makes it difficult for snoopers to access or intercept messages which are exchanged between two parties.

NSA whistleblower Edward Snowden had asked Twitter CEO Jack Dorsey for such a feature on the platform a year ago. It remains to be seen when the end-to-end encryption is officially rolled out.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever





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App exposed over 3 mn Facebook users' data for years, say report

Representational picture

San Francisco: A data set of over 3 million Facebook users collected via a personality app was available to download freely for anyone for almost four years, New Scientist reported. The data set was collected via the personality quiz app "myPersonality" by academics at the University of Cambridge.

"The data was highly sensitive, revealing personal details of Facebook users, such as the results of psychological tests.

"It was meant to be stored and shared anonymously, however such poor precautions were taken that deanonymising would not be hard," the report said.

The data sets were controlled by David Stillwell and Michal Kosinski at the University of Cambridge.

"More than 6 million people completed the tests on the myPersonality app and nearly half agreed to share data from their Facebook profiles with the project," said the report.

Alexandr Kogan, at the centre of the British political consultancy firm Cambridge Analytica scandal, was previously part of the project.

"Cambridge Analytica had approached the myPersonality app team in 2013 to get access to the data, but was turned down because of its political ambitions," the report said.

Facebook last month suspended "myPersonality" from its platform, saying the app may have violated its policies.

The social media giant on Monday said that is auditing each and every app that has access to the data of its users and has already suspended 200 apps which failed to comply with its policies.

The company CEO Mark Zuckerberg had promised a thorough investigation and audit into apps that had access to information before Facebook changed its platform policies in 2014 -- significantly reducing the data apps could access.

"To date, thousands of apps have been investigated and around 200 have been suspended -- pending a thorough investigation into whether they did in fact misuse any data," Facebook said.

If Facebook finds evidence that these or other apps did misuse data, it will ban them and notify users via Help Centre on its website.

Appearing before the US Congress in April, Zuckerberg told lawmakers that his own personal data was part of 87 million Facebook users that was improperly shared with Cambridge Analytica.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever