One year ago today, the World Health Organization declared coronavirus a pandemic. Unauthorized border crossings are increasing, especially among unaccompanied minors. And, a sixth woman is now alleging sexual misconduct by New York Governor Andrew Cuomo.
Tag Archives: Pandemic
Political News: ‘Brooks & Capehart’ On Covid Relief Bill, Texas Opening Up
New York Times columnist David Brooks and Washington Post columnist Jonathan Capehart join Judy Woodruff to discuss the week in politics, including the battle over voting rights, the lifting of pandemic restrictions in some states, and wrangling over the $1.9 trillion COVID relief bill.
Analysis: ‘Why U.S. Malls Are Disappearing’ (Video)
Shopping malls in the U.S. were already in decline before the Covid-19 pandemic as consumers shifted away from traditional brick-and-mortar stores to e-commerce. The outbreak has only exacerbated the challenges at malls as social distancing has placed restrictions on stores, movie theaters and restaurants.
So what will become of malls in America after the pandemic ends? Shopping malls across the U.S. have been reeling as restaurant and retail tenants struggle to keep their doors open. Data compiled by Coresight Research shows about a quarter of U.S. malls could close over the next three to five years, accelerating a trend that began before the pandemic.
Simon Property Group — the nation’s biggest mall owner — said earlier this month that its fourth-quarter revenue dropped by 24% on a year-over-year basis to $1.1 billion. However, some analysts think Simon — with its portfolio of A-rated malls and a healthy balance sheet — will benefit as distressed malls operated by its rivals close their doors. The company is also expected to see gains from new additions like hotels and luxury residences.
“Unfortunately there are a lot of centers that don’t fit that high profile and that have lost their competitive edge,” said Piper Sandler analyst Alexander Goldfarb. “The thing about Simon is they’ve been really focused on maintaining it, and that’s both been through a combination of culling the lower productive centers as well as making sure that they keep investing in their top centers.”
Simon Property Group CEO David Simon said the company is also getting a lift from increasing traffic at some of its locations and from tenants paying their rent on time. Malls are a big tax driver for the communities they serve and employ lots of people locally. Watch the video above to find out more about the struggles U.S. malls face and what could become of them after the pandemic ends.
Aviation: The Challenges Ahead For Electric Planes
It’s been a tough 12 months for the airline industry, hit hard by the Covid-19 #pandemic. But there are also ongoing concerns about the environmental impact of air travel. Could electric planes be a way forward? They are already being trialled in Slovenia and fully #electric, commercial flights could be ready to take off in just 10 years’ time. Our colleagues from France 2 report, with FRANCE 24’s James Vasina.
Analysis: ‘Can Air Flights Go Green?’ (Video)
Covid-19 has caused the worst crisis in aviation’s history. Is this the industry’s moment for a green reset—and which technologies offer the best hope?
Covid-19 Analysis: The Negative Health Effects Of Microbiome Loss (PNAS)
Morning News Podcast: President Biden’s First Day, Covid Actions & Numbers
President Biden’s top priority is getting the pandemic under control. What do his first executive actions tell us about how he plans to do that? Biden also released a sweeping reform bill to overhaul the U.S. immigration system.
And in 35 states, coronavirus numbers are falling. Researchers believe the U.S. has hit a peak in the pandemic, but some public health officials are skeptical.
Delivery-Only Dining: ‘How Covid Accelerated Rise Of Ghost Kitchens’
Ghost kitchens are kitchens designed for delivery-only businesses, without dine-in areas or customer facing storefronts. The pandemic has ravaged dine-in eateries, and companies that have focused on delivery could come out on top if the current trends continue. Watch the full video to see why ghost kitchens are taking over the restaurant industry.
Here are some of the top Ghost Kitchens:
Kitchen United
With a $10 million dollar investment from Google Ventures, Kitchen United has been one of the leanest (and fastest-growing) startups in the space. Founder Jim Collins has turned down hundreds of millions of investment dollars to focus on growing more organically. Currently, Kitchen United plans on conquering the global restaurant space — with 5,000 kitchens planned in the next four years.
All in all, Kitchen United offers a turn-key, light-capital model, delivering a complete, code-safe kitchen replete with appliances and cooking implements. All that’s left to do is to…cook.
CloudKitchens
The fastest-growing and most investor-friendly ghost kitchen startup, CloudKitchens, has already taken in over $400 million from investors. $150 million interestingly invested by its founder (former Uber superstar) Travis Kalanick. Like Kitchen United, CloudKitchens offers fully-equipped kitchens (branded as “smart kitchens”) for the delivery-only model. Honestly, you can’t ignore a project that Travis is a part of.
DoorDash Kitchens
Another not-so-surprising entry into the ghost kitchen space is DoorDash, which has already premiered locations in San Francisco and Redwood City. Currently, DoorDash’s model is focused on catering to high-delivery areas for established brands like Chic-Fil-A, but we’re sure they have plans in the works for new locations, as well.
For the time being, DoorDash Kitchens is still in the experimentation phase, with only a few locations. And, like others on this list, it provides everything a restauranteur would need for a single monthly fee.
UberEats
For the moment, we’ll set aside the possible conflicts associated with Uber’s ex co-founder Travis Kalanick — who’s also operating CloudKitchens. We’re sure that bridge will need crossing at some point if Uber expands its operations. For the time being, the ridesharing company has been keeping a low profile in the ghost kitchen space. To date, it has been testing ghost kitchens in a few markets, though it remains curiously reluctant to share the delicious details pertaining to its Paris operations.
Virtual Kitchen Co.
Another new entry is Virtual Kitchen Co. — which already operates several successful ghost kitchens. They plan to open 15 more kitchens over the next few years, driven by $15 million dollar Series A. Again, Virtual Kitchen Co. offers a similar pricing structure: Restaurants can pay a monthly fee for everything.
The one small difference here is that Virtual Kitchen Co. seems to be targeting existing restaurants that want to enter the delivery space.
Covid-19: What Are The New Variants & How Are They Monitored (Podcast)
Over the course of the pandemic, scientists have been monitoring emerging genetic changes to Sars-Cov-2. Mutations occur naturally as the virus replicates but if they confer an advantage – like being more transmissible – that variant of the virus may go on to proliferate.
This was the case with the ‘UK’ or B117 variant, which is about 50% more contagious and is rapidly spreading around the country. So how does genetic surveillance of the virus work? And what do we know about the new variants? Ian Sample speaks to Dr Jeffrey Barrett, the director of the Covid-19 genomics initiative at the Wellcome Sanger Institute, to find out Coronavirus – latest updates See all our coronavirus coverage.
Economy: Americans’ 2021 Financial Hardships
The coronavirus pandemic has forced many Americans to accept new financial realities. WSJ’s Shelby Holliday traveled to a diverse neighborhood in Philadelphia to learn how neighbors are facing different struggles brought on by the same virus. Photo: Adam Falk/The Wall Street Journal
Boomers Daily 