Governments will have to deal with the economic fallout from the pandemic for decades to come. If they get their response wrong, countries risk economic stagnation and political division.
Read more here: https://econ.st/3ojORKY
Category Archives: Business
Economics: ‘Universal Basic Income Experiment In South Korea’ (WSJ Video)
To stimulate its pandemic-hit economy, a province in South Korea has been experimenting with universal basic income programs by regularly giving out cash, no questions asked. Now, some politicians want to go national with the concept.
Illustration: Crystal Tai/WSJ
Business: ‘Why The USPS Loses Money’ (CNN Video)
It’s no secret that the United States Postal Service has been losing money for a long time, but that’s not entirely its fault. Here are the real reasons it’s in the red.
Produced by John General Supervising Producer Bronte Lord
Wine Business Video: ‘The Impact Of Wildfires On California Wineries’ (WSJ)
More than a dozen wineries in Napa and Sonoma Counties have suffered losses related to recent wildfires in California. WSJ talks to the owner of Castello di Amorosa, whose warehouse of 120,000 bottles of wine was burned to the ground.
Photo: Samuel Corum/AFP
Future Of Work: ‘Virtual-Reality Headsets’ May Be The Next ‘Office’ (Video)
With a virtual-reality headset and a virtual meeting platform like Spatial, you can meet up and collaborate with your colleagues as if you were in a real office space. WSJ’s Joanna Stern transformed into a holographic avatar and got in a virtual elevator to test it out.
Photo illustration: Adam Falk
Food Industry Video: ‘How Restaurants Will Be Preparing For Winter (WSJ)
About 90% of the Duck Inn’s current revenue comes from customers enjoying socially distant table service in their outdoor seating area. Especially in places like Chicago where temperatures drop below freezing, it’s one of many restaurants grappling with how to prepare for and survive winter.
Photo: Nicolas Silva for The Wall Street Journal
Fitness Industry: ‘How Gyms Are Preparing For The Future’ (WSJ Video)
How might the coronavirus pandemic transform the fitness industry? To find out, WSJ spoke with the CEO of Planet Fitness, an independent gym owner, and an industry analyst to learn about what we can expect for the future of fitness.
Film Business: ‘The Rise And Fall Of Kodak’ (WSJ Video)
At its peak, Kodak was the early 20th century equivalent of Google or Apple, possessing a near monopoly in the film business. But those days are long gone. Here’s why the company’s glossy image failed to withstand the test of time.
Photo Illustration: Carter McCall/WSJ
Economy: Why U.S. Job Recovery Is Different From Other Countries
The U.S. unemployment rate shot up faster than in any other developed country during the pandemic. WSJ explains how differences in government aid and labor-market structures can help predict how and where jobs might recover.
Video/Illustration: Jaden Urbi/WSJ
Future Of Work: The New ‘Flexible’ Workplace
AZURE MAGAZINE (SEPT 7, 2020): The future of work. In a year where the rhythms of daily life have been upended by the COVID-19 pandemic, the workplace has migrated from the office to the living room, kitchen table and – if the Zoom camera is off – even our beds.
But as Canada and countries around the world cautiously move towards re-opening their economies, a gradual, socially distanced return to the office beckons. So how should it all look?
When it comes to the office evolution, Teknion is ahead of the curve. Harnessing decades of innovation, the design-driven manufacturer’s flexible portfolio of workplace solutions is optimally positioned to create spaces that ensure employee safety while fostering learning, community and wellness.
Boomers Daily 