Everything is UNDERSTOCKED these days even Grocery Store Shelves along with the Stock Market
- Jobs: The number of Americans filing
for state unemployment benefits jumped by 70,000
this week as businesses started to lay off workers. Next week’s report is
expected to be much, much worse.
- Energy: Oil had its best day on record
as President Trump said the U.S. might get in the middle of the
Saudi/Russian price war that’s crushing oil prices.
- Stimulus: Senate Majority Leader Mitch McConnell released a proposal to send $1,200 checks to individuals and $2,400 to couples.
Because of the coronavirus pandemic, healthcare systems
all over the world are facing a severe shortage of
ventilators.
- Ventilators
are machines that help people get oxygen into their lungs. Because
COVID-19 can cause lung inflammation, or pneumonia, ventilators are
essential tools for treating patients who are severely ill.
The U.S. especially is sorely understocked. New York
Gov. Andrew Cuomo said Wednesday his state will need 37,000 ventilator-attached
ICU hospital beds. It has 3,000.
In a matter of weeks, video conferencing app Zoom
became a household name. But
there’s a couple of other workplace communication companies that want you to
remember they’re still here.
Yesterday, Microsoft Teams reported a whopping 44
million daily active users—more than double November’s 20 million and up 12
million from last week.
Since launching in 2016, Teams has competed bitterly
with Slack (finally passing it in users last summer). Yesterday, Slack launched its biggest
redesign ever, providing easier customization and navigation.
Looking ahead..an analyst with research firm IDC
told the FT the pandemic may have accelerated the communications and
collaboration market by seven years.
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