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“Happiness lies in the joy of achievement and the thrill of creative effort.” - Franklin D. Roosevelt

https://factba.se/sba-loans

Need A Job? David Shaw’s Hiring (Deal Breaker) Are you among the 30 million Americans who have lost jobs over the past six weeks? Or the 3.5 million kids about to graduate from high school or 1.3 million from college remotely, sans cap-and-gown, and now facing the worst job market imaginable and...

“In a liquidity crisis, otherwise healthy firms collapse because they can’t access credit. The Fed can resolve such a crisis...In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.” — Greg Ip, @WSJ

“In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.” —Greg Ip, @WSJ

Stocks Had a Great Month. Why You Might Want to ‘Sell in May and Go Away.’ By Nicholas Jasinski Updated May 1, 2020 7:34 am ET / Original May 1, 2020 6:15 am ET Order Reprints Print Article Text size Photograph by Justin Lim Statistically, owning stocks from Nov. 1 until April 30 of each...

“Life is not meant to be easy, my child; but take courage: it can be delightful.” - George Bernard Shaw

The company keeping your YouTube streams from crashing You might not know it, but the fate of your Zoom happy hour probably depends on one Massachusetts-based company: Akamai. Akamai is in the global content delivery biz, which is a fancy way of saying: Its 275k+ servers, secured across 136...

Low-Vol ETFs Performed Well—Until They Didn’t. Here’s What Happened, and Why. By Evie Liu May 1, 2020 8:30 am ET Order Reprints Print Article Text size Photograph by Keenan Constance During recent selloffs, including the sharp drops that sent the market into bear territory, “low-volatility”...

‘Amateurish’ Trades Blew Up AIMCo’s Volatility Program, Experts Say Wall Street banks happily paid Alberta’s public pension fund for crash insurance — and cashed in. Leanna Orr April 30, 2020 Edmonton, Alberta. (Bigstock photo) The Alberta Investment Management Corp. — which manages...

https://www.cnbc.com/2020/04/30/boeing-raises-monster-25-billion-in-bond-offering-rules-out-federal-aid.html?__source=twitter%7Cmain

“Some are born great, some achieve greatness, and some have greatness thrust upon them.” - William Shakespeare

Zoom numbers Does Zoom really have 300 million daily active users now, as it claimed in a blog post earlier this month? Probably not. As eagle eyes at The Verge noted, booming Zoom quietly edited that post to delete the reference, and to now claim that there are "300 million daily Zoom meeting...

"God looks after children, animals and idiots." - Lou Holtz

He was Marvelous!

Airbus profits Still on the what-is-air-travel-again theme, Airbus's quarterly profits have plunged by 49% in what it rightly calls the "gravest crisis the aerospace industry has ever known." CFO Dominik Asam is hoping for signs of a recovery in Q3, and "basically to a neutral situation where...

SURVEILLANCE STATE Surveillance tech will be big for reopenings. Can it keep privacy concerns in check? Smile! Whenever society emerges from lockdown, the cameras will be watching. Businesses worldwide are investing in AI-powered thermal cameras and screening stations to keep tabs on the health...

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“It is surmounting difficulties that makes heroes.” Louis Pasteur

Cutting some A.I. ties. Massachusetts Institute of Technology has cut ties with Chinese A.I. startup iFlytek, which, as Wired reported, comes amid allegations that the startup is “supplying technology for surveilling Muslims in the northwestern province of Xinjiang.” MIT didn’t say why it is no...