Traumatic as rioting in Philadelphia and other cities has been, the stock market appears to have shrugged off the unrest. Investment analysts think the financial impact of the riots may be limited.
Born in Morocco, educated in Belgium and the Ivy League, and a registered Democrat, Moncef Slaoui of Gladwyne is “a world-renowned immunologist,” Trump declared, just the man to run Operation Warp Speed, the public-private project to find a vaccine.
Facebook CEO Mark Zuckerberg named Philadelphia among cities where it will hire staff, in part as a way to diversify from its crowded California base. It also wants to allow more people to work at home to slow down the rate at which Facebook employees have been quitting.
After an 11 week shutdown, Nasdaq is reopening its "open outcry" trading floor at Philadelphia's FMC Tower, as Wall Street accommodates coronavirus protection measures: Brokers will sit near their desks, in masks and shields, and yell trades into microphones.
In his trip Thursday to a warehouse outside Allentown, President Trump chose to visit a firm positioned to profit from a pandemic. But if PPE-maker Owens & Minor is a model for the future, it’s also an example of the challenges ahead.
