Like Tweet Pin +1 in May 11, 2020 Good morning. Monday is still my favorite. I hope you had a great time with your moms yesterday. My mom got practical presents from her favorite creature, aka, me, such as broccoli, celery, and cauliflowers. Treat moms well every day, guys. They are not getting any younger. - Hello the world, are we getting any better? I doubt it SOME GOOD NEWS ▪ Stock Markets in Asia Open Strong: Futures markets predicted strong openings in Europe and on Wall Street. ▪ America’s Smallest Stocks Are Staging a Comeback - Investors are banking on the government's ability to restart the economy. Not so good - Colombia’s Avianca Files for Bankruptcy as Coronavirus Grounds Flights - Latin America’s second-largest airline seeks chapter 11 protection in New York - Tesla model 3 sales in China plunge 64% in April, despite electric car market recovery Sale of Tesla (NASDAQ:TSLA) Model 3 sedan in China plunge to 3,635 units, down 64% M/M from 10,160 in March, despite 9.8% M/M rise in electric car sales, reports CNBC. Others - Investors eye forecasts of mall operators Initial results will be seen today as Simon Property Group (NYSE:SPG) reports first-quarter figures, followed by the earnings of rival Macerich (NYSE:MAC) tomorrow. According to CenterSquare Investment Management, mall operators collected only 15% of April rent and trends are looking worse for May. - Carnival Cruise's (NYSE:CCL) announcement that it will offer some cruises in August, bookings surged 600%. Carnival shares are down 3.9% in early Monday morning trading, with 137K shares changing hands. Workers throw flowers into a crusher after they did not sell at auction in Aalsmeer, the Netherlands, on Friday - Ilvy Njiokiktjien for The New York Times SOMETHING OF CONCERN Mother's Day is one of the biggest holidays of the year for florists, but many shops across Central New York were not open. The flower business is taking a huge hit financially since New York imposed a statewide coronavirus shutdown for nonessential retail businesses in March. Especially in New York City, the early spring season is tremendous with Passover, Easter, Assistant's Day, and Mother's Day. Florists are losing a lot of specialty business this season, not to mention graduations, proms, award banquets, and ceremonies. We are looking at the loss of between $55,000 to $60,000 each occasion. Every year, the city has the crowds and long lines of people waiting to get flowers for their moms. Husbands who complain about spending for Valentines then Women's Day and now Mother's Day but joke "Happy wife happy life." "This week should be our best week of the year," said John, owner of a 21-year-old flower shop in Grand Central Terminal, where usually hosts to 750,000 visitors each day now becomes Grand of the lost. Many local businesses went through the Great Recession and 9/11. But this is way worse. Much worse. The PPP is good, but you need to be open and people to come in; otherwise, it won't work. Most local flower shops, considered nonessential businesses, are closed. I miss the people, the businesses, the events. I miss the way people complain about the same things every year, but they always show up. It's sad to see flowers being destroyed, customers struggle to find flowers during this time and an uncertain future for local businesses. But there's hope as long as we still need flowers to feed our souls. HASTE MAKES WASTE ‘Carelessness can lead to an explosion in infections. The effort made by the citizens and medical staff could turn to dust in a moment.’— Park Won-soon, Seoul’s mayor. South Korea is back on the defensive with Seoul’s bars and clubs ordered closed, as the country reported its biggest one-day increase in new infections in a month after the South Korean government rolled out relaxed social-distancing measures on Wednesday. White House optimism about a ‘snapback’ economic recovery but Fed’s Kashkari doesn't think so “The virus continues to spread. And when we look around the world, there is evidence that when countries relax their economic controls, the virus tends to flare back up again,” Kashkari said. He expected the pandemic to go on, in phases, for the next year or two. Eager protesters should look at the near future that we can run into the same path if indifference, carelessness and arrogance passionately remain. Oh wait, we're already there. A friendly reminder that we can never go back to the normal life we had before the Pandemic. New York is moving more slowly than some states in reopening. The city created its own benchmark based on hospitalizations rather than trying to track the spread of the disease by monitoring confirmed infections. Details. The new-new normal by Kendra Allenby CORONAVIRUS A new-new change Another medical mystery of the coronavirus pandemic According to WSJ, large numbers of Covid-19 patients arrive at hospitals with blood-oxygen levels so low they should be unconscious or on the verge of organ failure. Instead they are awake, talking —not struggling to breathe. “In the past, you’d see these kinds of oxygen levels, and your brain would intuit all these other things,” said Scott Weingart, chief of emergency critical care in the department of emergency medicine at Stony Brook Hospital in Stony Brook, N.Y. “For instance, you’d assume the patient’s lungs must be so bad that if we don’t intubate now, they might crap out.” Several other doctors said they are having success with much simpler approaches. That, in turn, is reducing demand for ventilators—a critical concern early in the crisis—and easing the strain on hospital staff, they say. “We’ve learned that they are able to tolerate these lower levels of oxygen for a significant period of time,” he said. Dr. Khan and his colleagues now use ventilators as a last resort for such patients. THE CITY When people come to visit New York, they most likely would lookup for "1001 best things to do in NYC ". The city is home to hundreds of cultural institutions and historic sites, many of which are internationally known. To the locals sometimes they are places we casually stop by on a random day. Some of the city's icons that may permanently shutter as a result of the coronavirus: Casa Magazines, Tenement Museum, Upright Citizens Brigade, Coogan's, Forbidden Planet NYC, Neir's Tavern, Gotham Bar & Grill, Lucky Strike, Gramercy Park Flower Shop, Randall's Barbecue, 147-year-old Paris Cafe, nearly 100-year-old East Village shop Gem Spa, The Strand bookstore,... names will go on. "I spend my days basically on the phone and my computer, having video conferences and talking to the board and keeping them informed and raising money and talking to artists," says Peter Gelb, general manager of the now-shuttered Metropolitan Opera. "We're dealing with the past, present, and future all at once." "One can almost feel the city reeling from the blow of great institutions gone dark. Home to storied names in every field — Lincoln Center, the Metropolitan Museum of Art, Radio City Music Hall, the Museum of Modern Art — as well as countless artists of every stripe, New York lives on, and for, the arts. Its citizens take a fierce — yes, even provincial pride — in its reputation as the cosmopolitan standard-bearer for culture. To have that endangered is to put a target on the very identity of the city itself. A city in which Broadway attendance surpasses all of its professional sports teams combined" - (Peter Marks and Geoff Edgers - The Washington Post). It's just heartbreaking for many many New Yorkers. CHINATOWN According to data from Womply, a small-business software provider, in all of New York City, 94% of Chinese restaurants have halted transactions. City residents worried about a disappearing Chinatown. Businesses struggle to survive. Owners need to operate their businesses every day, which they're not currently allowed to open. There are needs for high volume and people coming in and out to stay alive. Property owners fear being left with empty storefronts or losing their buildings altogether. “It’s not just an individual loss,” Mr. Lee - a Chinatown property owner, said. “The loss of those buildings will be a loss of our existence here in America." 'If it happens, it happens': In New York City's Chinatown, it's business as usual despite coronavirus fears. That was 3 months ago. Yes it happened. THE BORING-CAR COMPANY Elon, after the event of X Æ A-12 Musk, through Twitter, on Saturday morning said: "Tesla is filing a lawsuit against Alameda County immediately. The unelected & ignorant "Interim Health Officer" of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense!" Elon cheered the news on Twitter after Gov. Newsom's announcement Thursday about phasing in businesses. But the public health department of Alameda County said in a statement that Tesla had been informed that it couldn’t reopen yet. "Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependent on how Tesla is treated in the future. Tesla is the last carmaker left in CA." “Tesla knows far more about what needs to be done to be safe through our Tesla China factory experience than an [unelected] interim junior official in Alameda County,” Mr.