For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
Why It’s (Mostly) Safe to Reopen the Schools The New Wave of REVIEW WSJ Private Vacations THE WALL STREET JOURNAL WEEKEND OFF DUTY
******** SATURDAY/SUNDAY, AUGUST 8 - 9, 2020 ~ VOL. CCLXXVI NO. 33 WSJ.com HHHH $5.00 Some Jobs Come Back, but Long-Term Challenges Persist Trump
What’s By March, 20.1 million Millions of workers laid off during the pandemic jobs were added have been unemployed for at least 15 weeks. Eyes New 20million since the end of the News last recession. Unemployed Americans, by duration Less than 5 weeks 25 million Orders as 5to14 World-Wide Change in nonfarm payrolls 20 since end of 2007 recession 15 to 26 27 or more Aid Talks 15 rump said he was pre- Historic job gains for three Tpared to move forward 15 months running have with executive orders to pro- 10 Stall vide more coronavirus aid restored about 45% of the to Americans, after White jobs lost in April, which 5 House negotiations with The U.S. shed BY KRISTINA PETERSON saw payrolls fall to levels 21 million jobs in Democrats made no prog- AND SIOBHAN HUGHES April, bringing 0 ress toward agreements on not seen since the payrolls to post- Feb. March April May June July central issues in the talks. A1 beginning of the recession levels. WASHINGTON—President 10 Trump said he was prepared to The Trump administra- decade-long move forward with executive or- tion’s cascade of actions recovery. Service-providing jobs led in July gains ders to provide more coronavi- against Beijing represent a Leisure and hospitality rus aid to Americans, after new phase in U.S.-China rela- Growth slowed White House negotiations with tions, one marked by increas- in July, adding 592,000 Democrats made no progress to- ing confrontation and few ef- 1.8 million jobs after Retail ward agreements on unemploy- forts to ease tensions. A1, A8 June’s 4.8 million surge. 258,300 ment benefits and state and lo- Professional services The U.S. intelligence 5 cal aid, two of the central issues community has assessed 170,000 in the talks. that Russia is trying to dam- Health care Mr. Trump said he was set to age Biden’s campaign, while 125,500 take executive action to suspend China prefers that Trump Other service jobs the payroll tax, retroactive to not win re-election. A3 277,200 July 1 and running through the end of the year. He also said he The U.S. death toll from Government Note: Seasonally intended to extend recently ex- the coronavirus passed 301,000 adjusted; latest pired jobless payments through 160,000, as parts of the coun- 0 2010 figures are Goods-producing December, but he declined to try showed signs that the preliminary '15 '20 39,000 say how large the payments virus’s spread was easing. A7 Source: Labor Department would be. He reiterated that he All New York schools have would impose a partial morato- been authorized to reopen, rium on evictions and assist Gov. Cuomo said, citing with student-loan payments. the state’s low infection “If Democrats continue to rate for the coronavirus. A3 Hiring Shows Improvement hold this critical relief hostage, I will act under my authority as Falwell will take an indefi- BY SARAH CHANEY come the shock from the pan- tionwide Mutual Insurance Co. ployed between 15 and 26 weeks president to get Americans the nite leave of absence from the demic and related lockdowns. chief economist. “But the down- rose in July to the highest read- relief they need,” said Mr. presidency of Liberty Uni- Hiring increased in July for The U.S. now has about 13 turn was so big—the hole that ing on record for the category Trump, in remarks from his golf versity at the request of the the third straight month, though million fewer jobs than in Febru- was dug was so deep—that it will going back to 1948, and it is club in Bedminster, N.J. He said school’s board of trustees. A3 overall gains have yet to restore ary, the month before the coro- still take probably at least a cou- nearly double the prior peak in the orders were being drafted, A federal appeals court half of the U.S. jobs lost due to navirus hit the U.S. economy, the ple of years to dig ourselves out.” 2009 at the end of that reces- and he expected potential legal revived a bid by House the coronavirus pandemic. Labor Department said Friday. U.S. stocks slipped Friday af- sion. It is a bad sign that even challenges if he moved ahead. Democrats to require Mc- July’s addition of 1.8 million Unemployment remains histori- ter July’s employment figures with improvements in overall The White House has pro- Gahn to testify in an inves- jobs and a lower unemployment cally high. Before the coronavirus were released and as policy hiring, millions of workers could vided little detail about how it tigation into Trump. A6 rate of 10.2%, after a peak of drove the U.S. into a deep reces- makers in Washington re- be out of a job for a long time. would pay for additional aid nearly 15% in April, showed the sion this year, the unemployment mained deadlocked on how to The greatest employment without an act of Congress. Business&Finance U.S. economy continued to mend rate was hovering around a 50- provide additional economic PleaseturntopageA2 House Speaker Nancy Pelosi (D., during the summer coronavirus year low of 3.5%. stimulus, including extra aid to Calif.) and Senate Minority surge. It also reflected how far “We’re in a pretty strong re- laid-off workers. Heard on the Street: Much is Leader Chuck Schumer (D., N.Y.) The U.S. added 1.8 mil- the economy has to go to over- bound,” said David Berson, Na- The number who were unem- needed for jobs recovery.... B14 PleaseturntopageA6 lion jobs in July as the un- employment rate fell to 10.2%, but the country has yettorestorehalfofthe EXCHANGE jobs lost because of the cor- UPS Slaps Neglect Set Up Moves Fuel onavirus pandemic. A1, A2 cçê=éÉêëçå~äI UPS plans to impose hefty Holiday China-U.S. fees on large shippers during Beirut’s Explosion the holiday season, antici- pating a crush of online or- Fees on Big Tensions ders amid the pandemic. A1 BY BOB DAVIS WarnerMedia’s new boss Attempts to move the dangerous ousted the leadership of Retailers chemicals became mired in bureaucracy The Trump administration’s HBO Max, the streaming ser- cascade of actions against Bei- vice that launched less than BY PAUL ZIOBRO BEIRUT—The 2,750 met- cording to the ship’s captain jing represent a new chapter in three months ago, as part of ric tons of ammonium ni- and the International Trans- U.S.-China relations, one a broader restructuring. B1 United Parcel Service Inc. trate sailed into the city port Workers’ Federation, a marked by increasing confron- plans to impose hefty fees on nearly seven years ago. The global trade union. It ended tation and few efforts to ease A boom in auto lending large shippers during the holi- up in a warehouse as Leba- tensions. threatens to unravel as pay- day season, reflecting the nese officials, lawyers, Business leaders, scholars ment deferrals end while un- By Dion Nissenbaum, added complexity and cost of judges and a Russian ship- and others involved in relations employment remains high and Nazih Osseiran, an expected crush of online Georgi Kantchev per bickered over what to do between the world’s two big- stimulus measures fade. B1 orders amid the coronavirus and Benoit Faucon next. gest economies say that while Singapore police brought pandemic.=åçåJÅçããÉêÅá~ä=ìëÉ=çåäóKOver the next three years, the moves clearly have an elec- their first criminal charges The fees will test the ability ship’s captain at the time attempts to get rid of the toral component—the president against an individual linked of large retailers such as Ama- TIM COOK’S APPLE called it a “powder keg.” cargo became mired in the is campaigning on being tough to the suspected fraud at for- zon.com Inc. and Target Corp. How an engineer The cargo, a chemical country’s bureaucracy, ac- on China—they go well beyond mer fintech star Wirecard. B3 to offset costs during a holi- successfully made compound used for blasting cording to correspondence the 2020 election. Previous day season when skittish mines and building car between Lebanese officials. confrontations between the China’s exports gained shoppers will avoid crowded Steve Jobs’s bombs, was seized when the PleaseturntopageA10 PleaseturntopageA8 momentum in July for the stores and rely more on online creation his own. B1 ship carrying it was found second straight month as orders. unseaworthy and its owner Lebanon’s leaders look to U.S. levies sanctions on Hong global demand recovered. A9 UPS on Friday said the fees failed to pay certain fees, ac- evade blame...... A10 Kong and China officials..... A8 Goldman restated its sec- could total as much as $3 a ond-quarter earnings lower package for ground shipments in the wake of the bank’s and other lower-priced ship- $3.9 billion settlement with ping options and up to $4 a Who Are the Animals Foreign-Policy Sage Dies at 95 Malaysia over 1MDB. B12 package for air shipments bound for residences. Missing at the Zoo? You. The Dow and S&P 500 That is significantly higher iii edged up 0.2% and 0.1%, than the last time UPS insti- respectively, while the tuted additional fees during a Chimps, bears notice absence of human Nasdaq dropped 0.9%. B13 peak holiday season, in 2018. Surcharges then reached 28 visitors; bored meerkats, a lonely cockatoo cents on ground shipments NOONAN and up to 99 cents for some BY NORA ECKERT America Is a Coalition air shipments. served animals including a cur- The newly planned fees mudgeonly black bear and red Of the Worried A15 come as UPS as well as rival Humans aren’t the only ones river hogs seeming to peer FedEx Corp. try to offset sig- whose routines have been up- around in the sudden quiet. nificantly higher costs from ended by the pandemic. “We always think, ‘The ani- CONTENTS Sports...... A12 Books...... C7-12 Style & Fashion D2-3 the influx of packages flowing While lockdowns have mals don’t really pay that Food...... D8-9 Travel...... D4 through their network. forced zoo and aquarium visi- much attention to visitors. Gear & Gadgets D10 U.S. News.... A2-3,6-7 They have already imposed tors to stay home, the animals They just kind of do their own Heard on Street...B14 Weather...... A12 additional fees on large ship- appear to have noticed that thing.’ And then when the zoo Obituaries...... A11 Wknd Investor...... B5 Opinion...... A13-15 World News.... A8-10 pers and have raised prices on they have the place to them- is empty, it’s like, ‘Oh, wow, some customers by double- selves. Some of them seem to they actually respond or look digit rates. miss people, staff say, while at visitors more than we > Shares of both companies others don’t exactly seem to thought,’” said Mary Yoder, got a boost Friday. Investors mind that no one is tapping on collection manager of primates have been hoping delivery the glass. at Arizona’s Phoenix Zoo.
companies could squeeze “It completely surprised Staff members are trying to MARK WILSON/GETTY IMAGES Brent Scowcroft served Presidents Gerald Ford and George s 2020 Dow Jones & Company, Inc. higher prices out of customers me,” said Beth Schaefer, direc- fill the void. At Australia’s Ade- All Rights Reserved after years of investments to tor of animal programs at the laide Zoo, employees noticed H.W. Bush as national security adviser and was an PleaseturntopageA6 Los Angeles Zoo, when she ob- PleaseturntopageA11 influential figure in U.S. foreign policy for decades. A6 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com. Junior-Varsity Circuit Vino Breaker? Why there is true Tesla is facing its value in wineries’ first real EV rival ‘second-label’ —and it’s built in bottles D8 OFF DUTY China D10
FASHION | FOOD | DESIGN | TRAVEL | GEAR THE WALL STREET JOURNAL. **** Saturday/Sunday, August 8 - 9, 2020 | D1
cçê=éÉêëçå~äI JOHN W. TOMAC Going It Alone =åçåJÅçããÉêÅá~ä=ìëÉ=çåäóK If you’ve ever wanted a spa resort—or dude ranch—all to yourself, now’s the time. In the name of social distancing, high-end hotels and travel companies are selling pampered privacy. And it doesn’t come cheap.
BY CHRISTIAN L. WRIGHT land to recreate a 10-day summer camp their affords, given that coronavirus cases are spiking OW THAT Covid-19 has made ex- young children would otherwise have missed. in many parts of the U.S. and a whole passport’s troverts into agoraphobes and sent Each family of four had a three-bedroom house worth of countries has forbidden Americans en- even the most social of butterflies to themselves, a shared counselor to do all the try. “Everyone’s comfort level is different,” said N back into the cocoon, the loonily wrangling, two activities a day—from shooting Stacy Fischer-Rosenthal, president of Fischer extravagant world of private jets, clay pigeons to tie-dying T-shirts—all their food Travel Enterprises in New York, who notes that cliff-side villas and ultraexclusive hotels has be- provided, including a private chef for one meal a only about 35% of her clientele is currently trav- gun to seem…strangely sensible. day, and full access to the 3,500-acre sporting eling, when it’s typically about 95% at this time Last month, Jack Ezon, founder and managing resort. Price tag: $45,160 per family. of year. “But safety is the new luxury.” partner of Embark Beyond, sent three families It’s no wonder travelers are seeking the The high-end travel industry is seizing the to the Preserve Club & Residences in Rhode Is- heightened control that so-called private travel PleaseturntopageD4 Inside
PIE, MORE PROMPTLY VERY OVER-THE-TOP SO MANY PEOPLE ASK US... INSERTION ORDERS Simplify the art of the tart with this quick, 26 cardis and thin jackets to layer on ...for design that’s traditional but not dated. Designers are urging men to tuck in no-roll, press-in crust D9 your look post-sundown D2 Check out this house. D6 everything from jackets to sweaters D3 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
D4 | Saturday/Sunday, August 8 - 9, 2020 **** THE WALL STREET JOURNAL. ADVENTURE & TRAVEL
FORTRESS OF Hostel SOLITUDE Chatham Bars Inn, on Cape Cod, Takeovers has 30 cottage-style buildings—including Four small three standalone cottages—private boat hotels where charters and beach buyouts are a cabanas. relative bargain, as long as you fill every room
IN THE AGE of the novel coronavirus, small properties are running tight ships. Many ad- minister daily tempera- ture checks for staff (upon arrival for guests), require at least a two-night minimum to control turnover, have mask require- ments and rope off common facilities that can’t be 100% secured. Here are four hotels that you can take over—guest list entirely A Lot of at your discretion—for a fairly modest nightly Privacy, fee. Old-School Nantucket The Daniel Webster Please House is a shingle-and- clapboard classic with ContinuedfrompageD1 13 rooms—wallpapered, moment, marketing everything from all with four-poster a beekeeping tutorial to a zip line beds. From $5,000 per through a forest as a “private” ex- night, jaredcoffin- perience. Dunton River Camp—eight house.com/suites luxury tents on a 19th-century cattle ranch in Colorado, 4 miles from its Hamptons Made sister resort Dunton Hot Springs— Attainable reopened in June as an exclusive- A Room at the Beach, use-only property (meaning one in New York’s Bridge- family or group at a time) available hampton, is a groovy for $15,000 a night for up to 16 renovated motel two guests. “We customized to give miles from the sea, [guests] the option of not being with just 10 rooms, with anyone else,” said Edoardo landscaped grounds Rossi, executive vice president of ALL MINE Kenoza Hall, a restored 22-room house set on 55 acres in New York’s Catskills, opened in June and is available and a swimming pool. Dunton Hot Springs, Inc. “We’re for a buyout, from $4,000 a night. In addition to the hotel spa and pool, guests have private access to Kenoza Lake. Pricing for buyout is here to make people forget what’s case by case, but room happening around the world and to including minimizing contact be- pool, no wait for the Peloton. Social rental agency that represents up- rates run from about escape.” tween guests and staff. “I’ve been distancing on tap. To attract the su- market homes from Milan to Myko- $575 a night, Iwanta- Even if you’re not an angel in- with Hyatt for 26 years,” he said, preme recluse, some hideaways like nos and, increasingly, the U.S. “It roomatthebeach.com vestor or part of a royal family, it’s “long enough to remember the ÀNI Private Resorts, with villa re- used to be London and Paris,” said increasingly possible to book a hotel [bursting of the] dot-com bubble, sorts in the Caribbean, and Magee Amanda Dyjecinski, the agency’s Upscale Bohemian in floor with a private elevator (at the 9/11, the financial crisis.” The chal- Homestead, a luxury spa resort chief brand and marketing officer. the Catskills Dupont Circle hotel in Washington lenges of all those combined, he within the 30,000 acres of Brush “But now L.A. is our top destination Hotel Dylan, a rein- D.C., for example, which reopens in added, barely compare with what Creek Ranch in Wyoming, are avail- for Americans. We have people who vented motel in Wood- September), or take over a train Hyatt has gone through with able only as full buyouts. Otherwise, live in L.A. who are booking our stock, N.Y., with 22 that gives exclusive access to the Covid-19. “Some things we took for it’s possible to create your own lit- homes there because they want the unique rooms equipped Grand Canyon, or have a five-star granted—hugging, handshakes, buf- tle Kennebunkport compound by pool, the extra space and the ser- with a turntable, Turk- gym to yourself or even—as a perk taking all four cottages at Maine’s vices like private chef and nanny.” ish towels and No- at Caldera House in Wyoming, for White Barn Inn, Auberge Resorts vogratz design that instance—unwind at your very own Collection (from $5,016 a night). If Wildly Exclusive spills out into the com- working dude ranch. Create your own a historic house is more your cup of Private guides can get you way off mon spaces, featuring It’s easy to dismiss private travel Kennebunkport tea, there’s Kenoza Hall, the re- the beaten path. Isn’t that every lobby fireplace and salt- as a selfish indulgence just now. But compound by taking all stored 22-room 1880s boarding- germaphobe’s dream vacation? water pool. From about hoteliers argue that it’s a kind of house that opened last month on a Mark Allvey and Christopher Brun- $14,500 for two nights, stimulus that lets them get some of four cottages at Maine’s lake in the Catskills (from $4,000 ning of Untold Story Travel usually thehoteldylan.com a hard-hit workforce back on the White Barn Inn. per night) or Washington School concoct itineraries in far-flung des- job. No sector of travel has been un- cçê=éÉêëçå~äIHouse Hotel, an 1889 schoolhouse tinations around the globe but have Wine Country Hide- touched by the pandemic, but ho- made into a chic 13-room inn in rejiggered their approach for Ameri- out tels have been pummeled: Accord- Park City, Utah (from $7,000 per cans who need to stay closer to The six-suite Duchamp ing to the American Hotel and fets, elevators. This is a genera- night). home—creating, for instance, in Healdsburg, Calif., has Lodging Association, as of mid May, tional change.” swanky pop-up camps in the wilder- a 50-foot pool, a Euro- 75% of hotel employees in the U.S. Travelers, too, will have to ad- European-style Villas, ness. One such trip was a three-day pean vibe and a limit of had been laid off or furloughed. just. If an entire hotel is not private Stateside rafting expedition down the Colo- 12 guests. From $8,300 Booking a room has a ripple effect: enough for you, try an island. For For those suffering from Europe rado River in Utah, with a chef, as- for a two-night buyout; Some of those employees can start those who are willing to go farther withdrawal this summer, there’s a tronomer and rafting guides who duchamphotel.com to trickle back. afield—and have the means—there full menu of stateside villas. Among set up camps on the banks of the When Carmel Valley Ranch, set are a few not-too-distant private is- them: a fully equipped three-bed- river. Not exclusive enough for you? on 500 acres in Carmel, Calif., re- lands, such as Moskito Island in the room on Lynmar Estate, a winery Try a hidden town, about an hour’s opened on June 30, the resort’s British Virgin Islands and Over Yon- overlooking Quail Hill Vineyard in drive from Aspen, where luxury menu of small-group outings—from der Cay in the Bahamas, up for the Sonoma, Calif.; a deluxe cottage travel company Blue Marble Private fishing to falconry—morphed into snatching. Some other possibilities within the confines of Santa Bar- partnered with VistaJet to get private or semiprivate activities. for entrée into the private realm: bara’s Belmond El Encanto hotel, guests into a 4,500-acre modern- The restaurants began preparing where you can have private movie day cowboy estate so secret that de- picnics for guests to pick up and eat=åçåJÅçããÉêÅá~ä=ìëÉ=çåäóKA Hotel of Your Own night on your hillside terrace (pet tails are only revealed when the BULK RATE The anywhere they choose. Peter McMa- Imagine you, your family and six of fees are waived); or a New England nondisclosure agreement is signed. Duchamp Healdsburg hon, managing director of the your best friends engaged in a hotel version at Chatham Bars Inn, where One divulgence is the price: from offers all six rooms ranch, now part of the Hyatt Corpo- takeover—no rotten kids (other shingle-style cottages manage to $180,000 per night for up to 70 starting at $8,300 for ration, said the resort is rethinking than your own), no tipsy brides- capture the feel of grand old Cape guests, all-inclusive (except the two nights.
nearly every aspect of its operations maids, no unknown Speedos in the Cod. Or try Onefinestay, a vacation plane), with a 3-night minimum stay. FROM TOP: CHATHAM BARS INN; LAWRENCE BRAUN; KIM CARROLL; ISTOCKPHOTO
A BEGINNER’S GUIDE TO FLYING PRIVATE / CHARTERING YOUR OWN JET IS STILL A PRICEY PROPOSITION, BUT IT’S NEVER BEEN MORE TEMPTING
THE HUMORIST Robert Covid-19 concerns and the lim- to a mask refusenik. size and large cabin (or Benchley once quipped that ited availability of commercial Like any exclusive domain, “heavy”)—and operating costs there were only two classes of flights,” said Jamie Walker, the world of private flying rise accordingly. Light planes travel: “First Class, and with CEO of Jet Linx. In March, the comes with its own rules and are smaller, with space for up children.” Today, as former company launched a 90-day insider jargon. Here’s what you to six to eight passengers; First Class habitués shun com- membership plan for a $5,000 need to know before you with midsize and larger air- mercial flights, they can be down payment, reduced from make the leap: craft you can fly farther with found just as often with the the usual $17,500 admission more people. The swankiest kids and even the family pet in price. It drew so many re- Check out the companies. In models include spacious Gulf- tow—aboard a private jet. sponses that the deal has addition to Jet Linx, which stream and Bombardier jets Private flying, in fact, is one been extended until the end of just acquired an operation at that can seat more than a of the bright spots in an other- 2020. Also this year, private New York City’s private jet dozen fliers. At the other end wise bleak aviation picture. jets are getting a tax break as airport in Teterboro, N.J., of the spectrum, you can rent Scheduled air travel is down by the CARES Act waived the other big players include Net- a no-frills turboprop for a about 70% from the same time 7.5% federal excise tax on all Jets, Flexjet, XO, VistaJet and more modest ride—and price. last year; for chartered flights, flights until 2021. But charter- Wheels Up. There are also after a dip earlier this spring, ing a plane is still expensive— smaller charter brokers like Do the math. For the first- demand is almost back to pre- often six to 10 times the tab Velocity Jets that don’t own timer or casual user, the main pandemic levels, according to for a premium airline ticket. planes but sort through the options are an on-demand Doug Gollan, founder of Pri- For consumers worried options for you. Safety rat- charter or a jet card, which vate Jet Card Comparisons, a about the potential health ings on each operator are functions a bit like a prepaid website that helps consumers risks of commercial air travel, published by industry audi- card with each flight a with- sift through the plans. Much of it might be worth the tors like Argus (argus.aero/ drawal from your balance. the new business is from an splurge: You fly out of sepa- air-charter-operators). Trips are typically priced on an influx of newbies to the private rate terminals, with no TSA hourly basis, starting at jet scene, industry leaders say. pat-downs or mosh pits at Know your plane. There are around $4,000 an hour for a “We’ve seen a definitive in- the boarding gate. In-flight, dozens of models, but char- light jet to more than $11,000 A NEW JET SET Demand for chartered flights is almost back to crease in new clients who are you won’t worry about tered jets can be divided into for a larger model. pre-pandemic levels, with newbies generating a lot of business. choosing to fly private due to packed planes or sitting next three basic flavors—light, mid- — Barbara Peterson