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Third-quarter earnings season officially kicks off this week with big banks, airlines and consumer-staple firms set to report on Tuesday, and though Wall Street’s eyeing improvements over the previous quarter, a sustained economic recovery is still ultimately contingent on widespread vaccination.

Key Facts

Big banks and airlines–two of the coronavirus pandemic’s worst-hit industries–kick off earnings season on Tuesday, with JPMorgan Chase, Citigroup and Delta Air Lines all set to report before the opening bell.

Expect weak and uneven sales growth, and a collapse in profit margins, to characterize third-quarter results, Goldman Sachs said in a weekend note to clients, adding that it still expects election results will have more

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8 in 10 Believe the Outcome of the 2020 Presidential Election Will Affect Small Businesses in the U.S. Overall, Regardless of Owners’ Party Affiliations

Nearly 2 in 3 Feel Their Businesses’ Financial Security Has Been Negatively Impacted

72% Show Optimism They Will Be Able to Stay Open at Least Six Months or More

Verizon Business today released findings from its “Small Business Recovery Survey,” which reveals the impact small business owners and decision makers feel COVID-19 has had on their businesses. The survey, conducted by Morning Consult, focused on 600 small and medium businesses that are currently open or plan to reopen. This is a follow-up to a Verizon Business Small Business Survey conducted in April 2020.

Further Key Findings Include:

— 55% of small businesses

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  • Small business owners around the U.S. indicate slightly improved sales conditions since the spring, according to a new survey from Verizon Business.
  • Still, over half on Main Street remain worried that social distancing measures decrease their survival chances.

a group of people sitting at a picnic table: A cone to promote social distancing sits on the floor of a restaurant and bar in Austin, Texas, U.S., on Saturday, May 23, 2020.

© Provided by CNBC
A cone to promote social distancing sits on the floor of a restaurant and bar in Austin, Texas, U.S., on Saturday, May 23, 2020.

Governors across the U.S. are allowing restaurants to reopen, some limited to outdoor dining but others at full capacity. A new survey shows one reason why there’s pressure to get Main Street businesses like dining back to normal: over half (55%) of small business owners are worried that continued social distancing measures that limit business capacity will harm their survival chances.


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That’s according to a new survey from Verizon Business, released on Monday, that was conducted by Morning Consult and focused on

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Social distancing measures to control the spread of COVID-19 are themselves likely to have had a negative impact on health and inequalities,1 but they could be an unprecedented public health opportunity in other ways.

Social distancing is likely to limit public transport capacity for the foreseeable future. Staggered work times and flexible working may alleviate some public transport crowding, but travel will still be necessary. Alternatives to increase transport capacity will be required, particularly in crowded cities where increased personal car use is unfeasible and potentially environmentally unfriendly.

Up to 90% of active commuters walking or cycling have been shown to meet the minimum physical activity guidelines, with evidence of a consequential lower risk of CVD and mortality, all-cause mortality and cancer outcomes.2 Other benefits include environmental change and improvements in mood and self-esteem.3 However, commuters may choose to increase personal car use, potentially reducing physical activity levels with negative

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The coronavirus pandemic led 2020’s Burning Man, planned for the week leading up to Labor Day, to go virtual for the first time in 30 years. But this didn’t stop thousands of fans from holding their own makeshift festivals.

Despite social distancing guidelines and restrictions on in-person gatherings, crowds of Burning Man’s most avid fans were spotted celebrating the festival on beaches in San Francisco and in the Nevada desert, where the event’s Black Rock City fairground customarily sets up each year.

Videos on social media capturing the illegal gatherings — including one Saturday on San Francisco’s Ocean Beach with over 1,000 people reported — led to fierce criticism of attendees’ disregard of the pandemic. Other photos showed similar gatherings with music and campfires on San Francisco’s Baker Beach, as well as cars and RVs camped out in the Nevada desert.

Joining in on the condemnation was San Francisco

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If the government was measured in resuming Metro rail operations across the country, commuters showed that they could be no less careful. When Metro services eventually opened on Monday after five months, albeit in a limited way, the usual rush was missing — be it in Delhi, Lucknow, Chennai or Bengaluru.

Delhi Metro Rail Corporation (DMRC) saw about 7,500 passengers travelling in the first four hours. Some 2,500 passengers used the Metro in Lucknow in the first few hours. Patronage was marginal in Chennai and Bengaluru, too.

“I will wait and watch how many people use the Metro. Will also look for any surge in cases. After all, safety comes first,” said a regular Delhi Metro user. “If the safety norms are strictly followed, then I will consider using the Metro,” said another.

Safety measures

In Chennai, passengers told BusinessLine that the crowd was just a tenth of pre-Covid days

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The mandated use of mask and social-distancing protocols may have helped avert more than two hundred thousand cases of deaths related to novel coronavirus in India by December 1, according to a study published on the official website of Institute for Health Metrics and Evaluation.

The study was carried out by researchers from the University of Washington in the US. It suggested that there is an opportunity to further limit the toll of Covid-19 in India.

IHME Director, Christopher Murray, said in a statement: “India’s epidemic is far from over, as a large proportion of the population is still susceptible.”

“In fact, our modelling shows there is a wide range of potential outcomes, depending on the actions that governments and individuals take today, tomorrow, and into the near future. Mask-wearing and social distancing are crucial to mitigate the spread of the virus,” Murray explained.

Significant successes

The researchers in the

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Research published in the weekly peer-reviewed medical journal BMJ, has suggested that the basic rule of maintaining a six-feet distance (two meters) from each other in order to curb the spread of the coronavirus may not work.

Researchers at Oxford University and Massachusetts Institute of Technology have said that the respiratory droplets containing SARS-CoV-2 can travel up to 26 feet in just a few seconds after an infected person coughs, sneezes, or sings.

Earlier studies, that became the base for this protocol, suggested that the respiratory droplets travel up to one to two meters, while the lighter droplets staying closer to the infected person.

However, when the droplets are exhaled with a blow like action, such as coughing or sneezing, the small droplets are found to travel beyond two meters in the air, while the large droplets spread to an even larger distance.

The Oxford scientists noticed that the cloud

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Los Angeles – Ivan Mirabelli cruised through Westwood Hills, past manicured lawn, big houses and scattered laborers keeping his well-off neighborhood’s appearance up, even in a pandemic.

Besides short walks and a few outdoor meetups, Mirabelli said he’s holed up at home. His job in finance – typically travel heavy, but now fully online – gives him that flexibility.

“I don’t want to get sick,” said Mirabelli, 34, who called the adaptability of his gig a privilege. “I don’t have to make the tradeoff between my job and my safety.”

But not all jobs changed with the coronavirus. Along the district’s rolling streets, people delivered packages, painted walls and pruned trees. “It’s like any other day. … It seems pretty normal,” said Jose Ochoa, 28, who was landscaping

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  • Dr. Anthony Fauci, the top US coronavirus expert, said this week he believed in-person in November would be safe so long as masks were worn and social distancing measures were followed.
  • For “compromised” individuals at a higher risk for coronavirus infection, Fauci said people should vote by mail.
  • While states have amped up their efforts to expand mail-in-voting, President Donald Trump has positioned himself as a staunch opponent over his unsubstantiated concerns about voter fraud.
  • “So there’s no reason why we shouldn’t be able to vote in person or otherwise,” Fauci said.
  • Visit Business Insider’s homepage for more stories.

Dr. Anthony Fauci, the longtime director of the National Institute of Allergy and Infectious Diseases, said this week he believed Americans should be able to safely cast a ballot in-person, so long as they follow necessary social distancing protocols.

“I think if carefully done, according to the guidelines, there’s no reason

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