The Economic Pain Is Deepening

(Bloomberg) —



a group of people sitting at a train station: Guests take pictures outside the closed gates of California Adventure theme park, part of the Disneyland Resort, in Anaheim, California, U.S., on Wednesday, Sept. 30, 2020. Walt Disney Co. is slashing 28,000 workers in its slumping U.S. resort business, marking of one of the deepest workforce reductions of the Covid-19 era.


© Bloomberg
Guests take pictures outside the closed gates of California Adventure theme park, part of the Disneyland Resort, in Anaheim, California, U.S., on Wednesday, Sept. 30, 2020. Walt Disney Co. is slashing 28,000 workers in its slumping U.S. resort business, marking of one of the deepest workforce reductions of the Covid-19 era.

Tens of thousands of job cuts announced by blue-chip companies in a 24-hour period are a warning sign for the world’s recovery and emerge just ahead of two key reports forecast to show limited progress in the U.S. labor market.

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In one of the biggest layoff announcements since the pandemic caused widespread economic shutdowns, Walt Disney Co. said late Tuesday that it’s slashing 28,000 workers in its slumping U.S. resort business. In the hours that followed, the pace of job cuts at some of the world’s biggest companies — across in a range

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Optical Transceivers Market Report 2020 : Rising Impressive Business Opportunities Analysis with Top Countries Data Forecast By 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (The Expresswire) —
Optical Transceivers Market” is valued at 6605 million USD in 2020 is expected to reach 25880 million USD by the end of 2026, growing at a CAGR of 21.3% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Optical Transceivers Market by Types (SFP, SFP+, QSFP/QSFP+, XFP, CXP), Applications (Telecom, Datacom) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 116 Pages and in-depth TOC on Optical Transceivers Market.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Final Report will add the analysis of the impact of

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Most Powerful Women in Finance for 2020: Diane Offereins, Discover Financial Services

President, Payment Services

In an increasingly competitive and technology-driven payments industry, Discover Financial Services continues to gain market share under the leadership of its longtime head of payment services, Diane Offereins. Last year, she presided over a business unit that saw substantial increases in total network volume — from $376 billion to $403 billion — and reached a global merchant acceptance tally of over 48 million locations.

In addition to setting Discover’s strategic direction and company culture, she successfully led the company’s most mission-critical technology initiatives, delivering improved value to customers and internal company stakeholders.

For example, by working closely with Discover’s fintech partners, her team was able to achieve considerable improvements to D-PAS, the company’s secure chip card payments technology, which now leverages on-chip data storage for a variety of nonpayment solutions, such as e-receipts, hotel keys, transit passes and loyalty programs.

Adapting a wider perspective has been a

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Eon Announces 185th Facility to Go Live with Eon’s Essential Patient Management Solution

In just over 12 months, Eon successfully implemented its software in an additional 110 new hospitals

DENVER, Sept. 30, 2020 /PRNewswire/ — Eon, a Denver-based healthtech leader, announced it has successfully gone live with its patient management software in 185 facilities across the country. Since August of 2019,  Eon successfully implemented its Essential Patient Management (EPM) technology that positively identifies incidental pulmonary nodules with 98.99% precision at more than 110 new hospitals.

“We are proud to have a long list of health systems across the country utilizing Eon for early detection of lung cancer,” Christine Spraker, co-CEO of Eon said. “We are even more proud of our implementation speed and ability to successfully integrate into any complex healthcare IT environment. Lung cancer is the leading cause of cancer deaths in the United States and slow or delayed implementations can dramatically impact patient outcomes.”

Eon has the

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How one Michelin-star restaurant is reopening its New York dining room

When o.d.o. by Odo reopens its dining room for the first time in more than six months on Wednesday evening, the 14-seat chef’s counter that helped create its intimate atmosphere will be empty.

Instead, up to eight diners will sit in a private dining room after getting their temperatures checked to enjoy a prix fixe dinner prepared by Chef Hiroki Odo.

The Japanese fine-dining restaurant, which earned its first Michelin star last year, is among the many New York City restaurants that are adapting their dining rooms to reopen for customers during the coronavirus pandemic. After the city became the epicenter of the pandemic, government officials were more cautious in reopening its economy, fearing a return of overcrowded hospitals and nonstop ambulance sirens. Facing a $2 billion lawsuit from hundreds of restaurant owners, Gov. Andrew Cuomo announced three weeks ago that indoor dining could return to the five boroughs at

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War on Cape Sterlegov. Nazis’ failed mission in Siberia – Society & Culture

MOSCOW, September 30. /TASS/. A mission in September 1944 in the Arctic’s Kara Sea remains among understudied events of World War II. Amphibious assault force landed from Nazi submarines to capture Cape Sterlegov’s meteorological station, which sent forecasts to vessels carrying military cargo along the Northern Sea Route. The attackers hoped the radio station’s personnel would be taken aback and they would be able to disrupt Soviet Arctic transportation.

The polar station

Cape Sterlegov’s station went into operation in 1934. It was named after Russia’s participant in the 18th-century Great Northern Expedition, Dmitry Sterlegov.

The station is located in the area where the Lenivaya River flows into the Kara Sea forming a cape. It makes a very convenient place for polar explorers with its rocky shores and the surrounding tundra with small hills.

The area is hard-to-reach. The station sent clear radio signals from the cape, and observers could see

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Industry Leaders Colleen Taylor and Allie Kline Join Bill.com Board of Directors


Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today payments executive Colleen Taylor and brand leader Allie Kline have joined the company’s board of directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005143/en/

Colleen Taylor (Photo: Business Wire)


“We are fortunate to have Colleen and Allie join the Bill.com board of directors,” said René Lacerte, CEO and Founder. “Each brings a wealth of experience across the financial services, marketing and communications industries as well as a strong track record for driving accelerated growth in a wide variety of businesses.”


Colleen Taylor has considerable payments experience with over 30 years helping different types of customers transact around the world. Prior to her newly created role of President, Merchant Services – U.S. for American Express, she served as the Executive

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American Banker names U.S. Bank leaders to 2020 Most Powerful Women in Banking lists

The MarketWatch News Department was not involved in the creation of this content.

American Banker has recognized U.S. Bank leaders among its 2020 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn among 25 individual honorees on their respective lists and the company among five team honorees.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005593/en/

In an article accompanying the lists, American Banker wrote, “There are many women and men across financial services who are doing extraordinary work in a year unlike anything we have ever experienced before, Against this backdrop, where the circumstances have raised the bar for everyone, the women selected for this honor continue to stand out as the best of the best.”

Kedia, a vice chair and member of the 14-person Managing Committee, is head of Wealth Management and Investment Services. In the role, she leads more than 7,000

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Forex Leverage – How it Works, CFD Leverage Explained

What is a Margin Account, and How Do You Use It?

Before your broker will hand over borrowed capital to allow you to trade the forex markets, you will need to open a margin account. Margin is a term that describes a good faith deposit, which is used by your broker as a portion of the collateral on your trades. Remember, your forex broker is in business to make money by facilitating trades. They will not take losses on your behalf. They will not put themselves in a position where your losses will exceed the amount of money you have in your account.

When you open a margin account at a forex broker it is in some ways similar to applying for a credit card. Your broker will question about your trading background including your experience. They want to know how long you have been trading, as well as your

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