Former Vice President Joe Biden has gone from what political scientist Josh Putnam has called the presumptive presumptive Democratic presidential nominee to being the just plain presumptive Democratic nominee. Bernie Sanders finally saw that there was no realistic chance of winning the nomination, and that dropping out now was the way to maximise his influence. Surely his decision to suspend ...

One well-known British retailer says it has noticed a marked upturn in customers saying “Thank you” to store staff since the start of the Covid-19 crisis. Investors in another — Tesco Plc — will be doing the same after it said it would pay out 635 million pounds ($783 million) in final dividends, taking its distribution for the full year ...

All great economic crises pose two equally important challenges: they drain the liquidity necessary for the functioning of businesses, large and small, and burn up their equity capital, or a substantial part of it. Of the two, the former is the immediate challenge amid the coronavirus-induced lockdowns. Providing liquidity to companies is the top priority to ensure their survival. Yet ...