Why work?
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Rebellion coming from the grocery store folks.
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I am still waiting for bailouts of us mom and pop landlordsâŚ
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Morgan Stanley is bullish on weight watchers stock because people are getting fat in lockdown. 
- Morgan Stanley sees WW International (WW -6.7%) as a company that could benefit in the new post-pandemic environment.
- âWe anticipate a heightened focus on health, wellness, and weight loss after weeks of gym closures, stress eating, and limited physical activity. Additionally, the extent to which existing subscribers are currently showing greater interest and spending more time engaging with the app during the cocoon phase could lead to better retention curves for these subscribers over the medium term.â
- MS moves to an Overweight rating on WW from a prior stance of Equal-weight.
#QuarantinePounds
190 lbs
Ideally I can get back to 170. 
You got upgraded from equal-weight to overweight.
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Keep an eye on the Chinese economy. They are two months ahead of us. Lululemon is seeing some nice rebound.
- Lululemon (NASDAQ:LULU) execs said on the earnings conference call today that the companyâs sales in China saw an immediate lift when the coronavirus restrictions were relaxed and continue to get better week by week.
- During Q3, Lululemon saw e-commerce sales growth of over 60% in China, while the outlook for the brick-and-mortar business is also looking bright.
- âWe will double our store base in China this year and we believe we are only scratching the surface of our potential within China and Asia overall,â noted CEO Calvin McDonald.
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Singapore has a similar scheme since Feb 
SG calls it job support scheme. Recently, there is an update to that scheme. SG has a reserve - estimated to be around US$1 trillion - accumulated during surplus years so can easily fund the stimulus package.
A key part of the stimulus package involves ramping up a jobs support scheme first announced in February. The government will now offset up to 25 per cent of the first S$4,600 of workersâ monthly wages for a nine-month period. That is higher than the 8 per cent quantum and S$3,600 cap announced in February.
Heng said the government would offset up to 50 per cent of wages in the food services sector, while the aviation and tourism sectors would receive up to 75 per cent of such co-funding.
Self-employed workers, meanwhile, will be eligible to receive monthly payments of S$1,000 for nine months, with a total of S$1.2 billion set aside for this measure.
Citizens and PRs will receive free money and grocery vouchers,
To help households, Heng said a previously announced cash payout to all adult Singaporeans would be tripled â from S$100 to S$300, and S$300 to S$900 â depending on income levels. Low-income families will also receive grocery vouchers.
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The Workers Who Supply the Worldâs Food Are Starting to Get Sick
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Early positive cases raise alarms over production disruptions
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âI would expect some of us are going to get the virusâ
Bird:
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This is before the lockdown. Chinese restaurant starts back in January.
Thatâs disgusting. They should say the name of the comma you and let it go viral. Iâm sure Costnerâs wonât approve. Plus, itâll screw them from hiring people once this is over.
welcome back after 2 yearsâŚ
My goodness ! Just copied from web site
By the Daily Post staff
Several companies in Santa Clara and San Mateo counties have notified the state that they plan to layoff employees in the wake of the coronavirus outbreak, which has slowed business activity.
The list provided by the state Employment Development Department includes a couple of bio-tech companies.
Genentech in South San Francisco said it was firing 114 people. In San Carlos, Mylan Pharmaceuticals told the state it is permanently closing and firing 93 people effective May 15.
In Mountain View, electric skateboard maker Boosted Inc. has permanently laid off 75 employees.
In Burlingame, Oh My Greenâs Warehouse told the state it is permanently closing and firing 115 employees.
Among the high-tech companies reporting layoffs is Marvell Semiconductor in Santa Clara, which terminated 94 employees.
The delivery company Transportation Brokerage Specialists Inc. permanently laid off 50 in South San Francisco, 55 in San Jose, 100 in Newark and 75 in Richmond.
In-store pharmacy operator Transform KM LLC laid off 58 in Redwood City.
The near shutdown of the airline industry has cost jobs. DNATA U.S. Inflight Catering, a maker of airplane meals in Brisbane, is permanently laying off 39 employees.
Burke Williams Inc., a chain of high-end day spas, has laid off 137 employees in Santa Clara County as well as 93 in San Francisco.
The San Martin golf resort Rosewood CordeValle said it is temporarily laying off 263 employees.
Gov. Gavin Newsom said more than 1 million people had filed jobless claims since March 13.
The Employment Development Department said it was working around the clock to process claims and had moved staff from other departments to help handle the load.
Finally EDD site.
https://edd.ca.gov/newsroom.htm
The EDD publishes state Unemployment Insurance (UI) claims data each Thursday for the prior week. Visit Quick Stats for UI claims data by county, which is generally a month behind state data. Localized data will be posted when available.
|Date|Number of Claims|
Week ending March 7, 2020 ==> 48,385
Week ending March 14, 2020 ==> 57,606
Week ending March 21, 2020, This week saw a 363% increase in UI claims processed at the EDD over the same week a year earlier. ==> 186,809.