Daily Archive: May 16, 2020

Fearing COVID-19, biggest U.S. university system makes fall term virtual By Reuters

© Reuters. FILE PHOTO: California State Universities to go online in the 2020 fall semester due to the outbreak of the coronavirus disease (COVID-19), in California

By Omar Younis

LOS ANGELES (Reuters) – As uncertainty about the spread of COVID-19 continues, the biggest university system in the United States decided this week to make fall term classes virtual, one of the first to do so, amid fears of a second wave of infections in the month ahead.

California State University said almost all classes across its 23 university campuses would be online at least until the end of the fall term. Programs such as the maritime academy, which holds classes aboard a training ship, may be among a handful of exceptions. The Cal State university system serves 482,000 students.

“As the largest four-year system of higher education in the country, while the spotlight is on us in terms of the

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Five things investors can look for to find the next Shopify

It is hard enough to make money in the stock market, even without the world shut down due to a global pandemic. In fact, studies have proven that the average stock actually goes down. So how does one make money? Well, it’s all in the math. A stock can “only” decline by 100 per cent. But if you have a big winner, you can make 1,000 per cent returns, or more. A winner or two can more than make up for many losers.

To help prove this point, we ran a simple stock screen. How many stocks in North America have done really, really well this year? Our Bloomberg screen at the time of writing shows 112 stocks with gains of more than 100 per cent already this year. Ranging from 922 per cent (Novavax) to 103 per cent (Wayfair). That was for companies worth at least $600 million. If

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Reddit offers cryptocurrency: Is this a game changer?

Social news site Reddit announced on Thursday it will let users earn cryptocurrency by contributing content and participating in discussions on the service. Many in the crypto world hailed the news as a major milestone, pointing to the hundreds of millions of Reddit users who could potentially embrace digital currency.

The actual impact of Reddit’s move is likely to be muted, however, owing to how the site is awarding the cryptocurrency, and the ongoing regulatory scrutiny of crypto.

As it turns out, Reddit will offer digital currency on only two of its many “sub-Reddits”—the site’s discussion forums devoted to specific topics. The first of these, unsurprisingly, is a sub-Reddit for cryptocurrency, while the other is dedicated to chatter about the online game Fortnite.

Contributors to the sites will receive one of two currencies Reddit has minted (known as Moon and Brick) and which it will track on a popular … Read More