Nearly 300 asset managers, water infrastructure and energy sector executives attended the event ‘Water: Emerging Risks and Opportunities’ in New York to learn about opportunities for investing in water and the growing water demands of the United States’ booming unconventional energy sector. The event was sponsored by Goldman Sachs, GE and the World Resources Institute. On the other hand, the Interfaith Center for Corporate Responsibility convened a roundtable on the obligations of companies to respect the human right to water. Seventy religious investors, major water-intensive companies, and grassroots activists came together to tackle the question of what companies can and should do to ensure their operations “do no harm” to water supplies of local communities. Investors at the Goldman event very well may be driving the green technologies that can help the industrial companies at the ICCR session clean up their acts. But the problem for companies is that in most places, water is so cheap that investing in these solutions can sometimes be hard to justify on a traditional ROI basis, if not on a moral one.
- Yielding to advice, Trump extends social distancing to April 30. Is it even possible to save U.S. economy and save lives?‘It’s appalling to attach a dollar number to a human life — for noneconomists,’ said Colin Camerer, a professor of behavioral finance and economics.
- The Wall Street Journal: Onetime hit app HQ Trivia resurrected by anonymous investorThe mobile quiz app HQ Trivia is coming back Sunday night thanks to an anonymous investor who provided the funding it needed to resume operations, according to a person familiar with the matter.
- Capitol Report: President Trump touts his ‘astounding’ TV ratings, compares his coronavirus press briefings to ‘The Bachelor’The silver lining for the Trump administration during this coronavirus pandemic: It makes for fabulous television, apparently. A real blockbuster. Must see TV! Like, we’re talking “The Bachelor” and “Monday Night Football” ratings.
- What's Worth Streaming: Here’s everything coming to Netflix in April 2020 — and what’s leavingMost of the country will likely be holed up at home and self-isolating for much of April amid the coronavirus outbreak, but fear not, Netflix Inc. has a bunch of new stuff on tap.
- Will coronavirus survive airborne? Are young people safe? Do face masks protect me? Are men more likely to die? Burning questions on COVID-19As stock markets leap and plunge and people around the world learn to stay home, outlandish rumors about COVID-19 persist.
- Their Stories: Coronavirus claims the life of Jefferies Group CFO Peg BroadbentThe coronavirus pandemic struck at the heart of Wall Street on Sunday morning with the passing of Peg Broadbent.
- Market Snapshot: U.S. stock-index futures slump as investors keep focus on coronavirus numbersStock-index futures fall Sunday, pointing to a lower start for Wall Street on Monday, as the number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the economic toll of the pandemic.
- The Tell: Investors consider the unanswerable question as futures drift lower: Dead-cat bounce or a market bottom?On thing’s for certain: Last week’s volatile stock-market action was a dead-cat bounce. Or a clear bottom. Or something in between. Or none of the above.
- Key Words: As coronavirus ravages his native New York, media mogul David Geffen observes a sunset from his $400 million superyacht: ‘I’m hoping everybody is staying safe’If ever there were doubts about how the superaffluent are faring amid a pandemic for the ages, media mogul David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best.
- The New York Post: Longtime CBS News journalist Maria Mercader dies of coronavirusAward-winning CBS News veteran Maria Mercader died of COVID-19 in a New York hospital on Sunday, the network announced.