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The Office Isn't Dead. It's Just Convalescing

(Bloomberg Opinion) -- I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it's going to take some getting used to.The easing of coronavirus lockdowns heralds the beginning of the end for the world's greatest work-from-home experiment. Perhaps. Twitter Inc. will let employees work from home permanently even after the outbreak recedes, while others such as Google have said staff should expect to stay away for the rest of the year. The upheaval caused by the pandemic has caused many to question whether we will ever return to business as usual, giving rise to headlines such as “the death of the office.” I have my doubts.My initial reaction at being told to stay home in January was panic. With two teenage daughters about to start online schooling and a husband who would also need to work from home, I struggled to see how our crowded 47th-floor apartment would cope. I’d had a taste already, when the office became all but inaccessible for several days during the height of Hong Kong’s protests last year, so I knew what we were facing. Over the following, fractious few months, I have jostled for space on the dining table, mediated disputes between the girls, and tussled over the yoga mat — a crucial stretching prop for laptop-induced shoulder strains, as well as an essential accessory for online PE classes.Somewhere along the line, I grew to like it. I'll miss the home-work experience, when it finally ends (like many other companies in Hong Kong, our return is on a split-team basis, so we aren’t back at the office full-time yet). The family has bonded more tightly as a result. I’ve grown accustomed to the home-office rhythm, acquiring some admittedly unhealthy habits along the way — such as snacking on Cheetos, bingeing on TV news channels, and reading the obituaries.I’m in the minority, though. We’re fortunate in having more living space than most. In a city such as Hong Kong, which is densely packed with tiny apartments, it’s simply not viable for many people to work from home indefinitely. The average apartment size is 40 square meters (430 square feet) compared with 137 square meters in New York City, according to Jones Lang LaSalle Inc. Many employees just don’t have the room to set up a home office. And living in such cramped quarters, they need to get out regularly. The cost-benefit equation for Hong Kong is skewed. With urban areas being closely packed and the subway system efficient, getting to the office is quick and easy for most people. It may be a different story in the U.S., where cities sprawl into the suburbs, commute times may be long, and public transport is often less reliable. Or in Asian metropolises such as Mumbai, which is densely packed but plagued with horrendous traffic congestion and a  more than 150-year-old train network that make suburban working attractive.That’s not to suggest that Hong Kong will escape any long-term impact from Covid. Macquarie Group Ltd. and Nomura Holdings Inc. are among companies that have already decided to cut space in the city’s skyscrapers. Other financial services firms can be expected to follow.Still, there are many office jobs that can’t be done remotely. At most, 30% of bank employees in the city can work from home, Bloomberg Intelligence analyst Francis Chan estimates. “In industries that thrive on information flow and speed, like sales and trading, you may see back offices and compliance work from home but traders will likely have to go back even if they already have three screens at home,” said Parijat Banerjee, a financial services consultant at Singapore-based Greenwich Associates.In any case, most people don’t want to get rid of the workplace, HSBC Holdings Plc analysts James Pomeroy and Davey Jose wrote in a report titled "Leaving the City." They just don’t want to be there all the time. That broad conclusion applies across all developed markets where the technology is adequate to enable remote working, Pomeroy said.Ultimately, offices are more than just a place to do business — like the cities that surround them, they are meeting points for social and cultural exchanges. Humans are social animals, and we need more contacts than those our immediate family provide.That’s a thought that resonated with me this week as I surveyed the near-deserted pantry at Bloomberg’s central Hong Kong offices, a space that was typically heaving with people and animated conversations before the pandemic. A return to normality can’t come soon enough. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

3 Dividend-Paying Tech Stocks to Buy Right Now

Many technology stocks have a reputation for resisting dividend payments. In fact, some new tech companies in this high-growth sector do not earn profits at all. Case in point, investors will likely find both high yields and dividend growth if they invest in AT&T (NYSE: T), International Business Machines (NYSE: IBM), and Qualcomm (NASDAQ: QCOM).

Apple Preparing Monthly iPad, Mac Payment Plans for Apple Card

(Bloomberg) -- Apple Inc. is preparing to allow customers to buy many of its products, including iPads, Macs and AirPods, over monthly installments via its Apple Card credit card.The Cupertino, California-based technology giant is planning to roll out the service in the coming weeks, according to people familiar with the plan. The offering will let customers buy a product through Apple and split up the cost over several months with interest-free payments.The company will offer a 12-month interest-free payment plan for iPads, Macs, the Apple Pencil and iPad keyboards, as well as the Mac XDR Display monitor, and six months with no interest for the AirPods, Apple TV, and HomePod, the people said.An Apple spokeswoman declined to comment.The payments will be managed through the Apple Card section in the Wallet app on the iPhone and charges will be added to a customer’s monthly Apple Card bill. Apple started a similar program for the iPhone last year, offering 24 months no interest.The program is similar to those by carriers selling phones and other products, offering consumers another avenue to purchase these items with monthly payments.The service is also designed to spur enrollment for the Apple Card, a joint effort with Goldman Sachs Group Inc., and boost sales of Apple products by letting users split up the cost over time. It will be compatible with Apple’s education discounts, the people said.Apple Chief Executive Officer Tim Cook said on the company’s second-quarter earnings call in April that the company would launch an installment payment service for products beyond the iPhone, but he didn’t specify timing or features.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Bulls And Bears Of The Week: Gilead, Shopify, Tesla And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls included semiconductor and casino stocks. * Cruise and electric vehicle stocks were among the bearish calls.The Dow Jones industrials ended last week more than 6% higher while the S&P 500 saw almost a 5% gain. That was due in part to a shockingly strong employment report for May and despite mounting unrest nationwide focused on racial inequities, police brutality and the federal response to protests. The Nasdaq lagged the other main indexes, up a little more than 3% for the week.As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week's most bullish and bearish posts that are worth another look.Bulls Shopify Inc (NYSE: SHOP) has been among the best-performing stocks but remains a long-term winner, according to Elizabeth Balboa's "Why Shopify -- And Not Zoom -- Is The Stock To Chase Right Now.""Why BofA Recommends Buying GPU Plays AMD and Nvidia" by Shanthi Rexaline makes the case that Advanced Micro Devices, Inc. (NASDAQ: AMD) stock is still attractive despite its recent run-up.In "'Long Lines And Packed Flights': Casino Stocks Rise Following Vegas Reopening," Wayne Duggan shares why MGM Resorts International (NYSE: MGM) and others are accelerating their reopening plans.Priya Nigam's "Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy" suggests that consensus estimates for Gilead Sciences, Inc. (NASDAQ: GILD) appear overly conservative.For additional bullish calls, also have a look at "History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning" and "Cramer Says The Latest Rotation Trend Is Driven By 'Ravenous Consumers.'" Bears One key analyst sees trouble ahead for Tesla Inc (NASDAQ: TSLA). So says "Tesla's China, Europe Performance Suggests Quarter Will Be One Of Automaker's Weakest, Says Gordon Johnson" by Shanthi Rexaline.Tanzeel Akhtar's "Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean" looks at why Norwegian Cruise Line (NYSE: NCLH) and its peers have a long slog to recovery."Ex-Whole Foods Exec Says Grocery Stores Need To Prepare For Next Disruption" by Jayson Derrick discusses why the likes of Kroger Co (NYSE: KR) likely are unprepared for further disruption of the national food chain.In Priya Nigam's "DocuSign's COVID-19 Quarantine Benefits Could Last Longer, But Not Enough To Move BofA From Sidelines," see why upbeat DocuSign Inc (NASDAQ: DOCU) results were not good enough.Be sure to check out "Pro Investor Says Market Isn't Pricing In China Risks" and "5 Reasons The Value Stock Rally May Run Out Of Steam" for additional bearish calls.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Barron's Picks And Pans: Cisco, Gilead, Netflix, Wayfair And More * Benzinga's Bulls And Bears Of The Week: Boeing, SmileDirectClub, Tesla And More * Benzinga's Bulls And Bears Of The Week: Ford, Gilead, Microsoft, Intel And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Some tech workers are slowly trickling back to the office now

Slowly, Americans are migrating back to a very different world — offices designed to accommodate social distancing, staggered schedules, temperature checks, daily deep cleanings, contact tracing and potential testing.

• 
  Apple will reportedly provide optional COVID-19 tests for employees as they return to work

  Business Insider
• Apple Offering Covid-19 Testing to Staff Returning to Offices

  Bloomberg

Falling Air Travel Demand Crushed GE Aviation. It Could Recover Faster Than You Think.

As airlines unground most of their fleets, especially newer jets, over the next year, GE Aviation should return to strong profitability.

How messaging technology is helping to fuel global protests

Protesters are using a variety of technology tools to organize rallies, record police violence and communicate during the marches sweeping the U.S. and other countries following the death of George Floyd.

Dow Jones Stocks To Buy And Watch In June 2020: Apple Sets Record High

Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in June 2020.

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  Dow Jones Soars 1,000 Points On 'Amazing' Jobs Report; Apple Hits All-Time High, While Boeing Surges 17%

  Investor's Business Daily
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  Dow Jones Gives Up 100 Point Gain In Volatile Session On Jobless Claims; Boeing Soars 8% On Amazon Air News

  Investor's Business Daily

Top 5 Shareholders of Facebook

The top 5 shareholders of Facebook are CEO Mark Zuckerberg, Vanguard Group, BlackRock, FMR, and T. Rowe Price.

3 Stocks to Buy as Cities Reopen

Cities in the U.S. and around the world are beginning to reopen after lockdowns due to the COVID-19 pandemic. Quest Diagnostics (NYSE: DGX) could play a pivotal role in keeping people safe as they head back to work and start resuming their regular day-to-day lives. On May 27, the U.S. Food and Drug Administration (FDA) gave Quest emergency use authorization for its coronavirus test, which will make it possible for people to collect samples at home.

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  Shaver Lake is reopening on Saturday

  KFSN – Fresno
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  Cristobal brings wind, rain to the Yucatan Peninsula

  AccuWeather

By Refusing to Act, Is Zuckerberg Hurting Facebook?

Facebook (NASDAQ: FB) and its CEO, Mark Zuckerberg, are no strangers to controversy. The company has run into trouble for allowing its site to be co-opted by Russian hackers to influence the 2016 election, for its role in the Cambridge Analytica scandal, and for abetting the genocide against Rohingya Muslims in Myanmar. As a sign of Facebook's massive of influence, Zuckerberg has been called to testify in front of Congress more than once on issues ranging from Russian infiltration of the platform to Facebook's influence on politics and the media to its Libra digital currency consortium.

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  Mark Zuckerberg Says Facebook Will Address Options for Handling Violating Content

  Variety
• 
  Mark Zuckerberg Says He'll Review Policies That Allowed Trump's Inflammatory Post

  HuffPost

Facebook removes nearly 200 accounts tied to hate groups

Facebook has removed nearly 200 social media accounts linked to white supremacy groups that planned to encourage members to attend protests over police killings of black people — in some cases with weapons, company officials said late Friday.

Apple TV+ Could Still Reach 100 Million Subscribers

Apple's (NASDAQ: AAPL) foray into subscription video has been relatively quiet since it launched Apple TV+ in November. Despite offering a free year of service to anyone that buys a new Apple device and pricing the service at just $4.99 per month for everyone else, the tech titan hasn't grabbed the attention of most consumers. Various media reports put Apple TV+ viewers somewhere between 10 million and 33 million.

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  Defending Apple TV+: Too Soon To Write Off Streaming Video Service

  Investor's Business Daily
• Apple TV+ Got a Slow Start. But Don’t Count It Out Just Yet, Analyst Says.

  Barrons.com

How protests spurred Corporate America into action on race, inequality

Outrage over George Floyd’s killing at the hands of Minneapolis police officers have pushed America to the brink, but have also spurred numerous big companies and brands into a new form of activism.

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  Enough is enough: A plea that George Floyd's death can bring us light

  ABC News Videos
• 
  How to watch the George Floyd memorial service in North Carolina

  WTVD – Raleigh/Durham

Better Buy: Slack Technologies vs. New Relic

Slack Technologies (NYSE: WORK) and New Relic (NYSE: NEWR) both offer services that simplify tasks for businesses. Slack's messaging and collaboration tools streamline communications between employees, and New Relic's cloud-based software tracks the performance of websites and apps. Slack benefits from the shift toward remote work, and the crisis highlights the importance of New Relic's analytics tools.

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  Slack Plunges 15% Post-Print Despite Multi-Year Amazon Deal

  SmarterAnalyst
• 
  Slack Partners With Amazon in a Bid to Gain on Microsoft Teams

  Motley Fool

Apple stock fully recovers from coronavirus decline, returns to record highs

Apple Inc. shares closed at a record high Friday in a sign of optimism for the smartphone industry’s ability to withstand the COVID-19 crisis.

• Apple Stock Surges to Record as Valuation Approaches $1.5 Trillion

  Barrons.com
• Apple stock heads for new record close

  MarketWatch

Consider This Before You Balk at Zoom Video's Sky-High Valuation

If you followed the goings-on at Zoom Video Communications (NASDAQ: ZM) during the coronavirus crisis, it seemed that it was far from firing on all cylinders. The problem, according to detractors, is that the absurd rate of revenue growth is now more than priced in as Zoom's price-to-sales ratio (market cap divided by trailing-12-month revenue) is at a crazy 71.8.

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  Zoom Management Talks Soaring Demand, Zoom Phone, and More

  Motley Fool
• 
  Zoom's paid usage skyrockets as remote work takes over

  TechCrunch

You Can Buy Amazon Stock for $5 or Less -- Here's How

With the Bureau of Labor Statistics reporting the median weekly earnings of full-time workers at $957 in the first quarter of 2020, the typical American would need to work more than two weeks just to get enough money to buy a single share. In fact, you can buy Amazon stock for $5 or less. You can do that thanks to fractional shares.

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  Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show

  Investor's Business Daily
• 
  Amazon, Alibaba: These Two Online Giants Are Just Below Buy Points

  Investor's Business Daily

ESPAÑOL • Notas de la Semana: Arrestos por Marihuana con Berner, Twista y Chris Webby, Leather Storrs, Trump, THCP, y Más

Las ultimas noticias sobre cannabis, cañamo, CBD, psicodelicos, y otras tematicas verdes, ahora en Benzinga en Español, via El Planteo.* Prejuicio Racial en los Arrestos por Marihuana: Hablan Berner, Twista y Chris Webby Por Javier Hasse.Nota del autor: esta charla fue sostenida antes de los desafortunados eventos recientes en los Estados Unidos, desencadenados por la muerte de George Floyd en manos de la policia.Hace un par de años, Twista (nativo de Chicago, portador del record mundial Guinness de 1992 como el rapero mas veloz del mundo y colaborador frecuente de Kanye West) fue arrestado por posesion de cannabis. Tras este calvario, el artista emitio un comunicado argumentando que ser arrestado por poseer pequeñas cantidades de marihuana en los Estados Unidos en el 2016 era comparable a ser detenido por cruzar mal la calle.Los datos muestran que, incluso a pesar del cambio masivo en la opinion publica en relacion con el cannabis (con encuestas que muestran que mas del 65% de la poblacion estadounidense ahora apoya la legalizacion), aun se arresta a muchas personas por delitos relacionados con la marihuana. Y esto es particularmente cierto para las minorias.> View this post on Instagram > > A post shared by Twista (@twistagmg) on May 7, 2020 at 1:08pm PDTSegun la ACLU, los niveles de consumo de cannabis son bastante similares entre las personas blancas y negras. Sin embargo, lxs negrxs son casi cuatro veces mas propensos que lxs blancxs a ser arrestados por posesion.Continuar leyendo: Prejuicio Racial en los Arrestos por Marihuana: Hablan Berner, Twista y Chris Webby* Hablamos con Leather Storrs, Chef de 'Cooked with Cannabis', el Show Gastronomico de Netflix Por Hernan Panesii."Creo que los espectadores disfrutan de la sofisticacion culinaria y de la habilidad de los chefs, tambien de los invitados y de los juegos, del componente educativo y del humor", reconoce Leather Storrs, cocinero y anfitrion de Cooked with Cannabis, show gastronomico de Netflix (NASDAQ: NFLX) enfocado en marihuana.Cooked with Cannabis es un programa de cocina en el que tres cocineros preparan comidas con distintas infusiones de marihuana y compiten ante la audiencia de Netflix por la oportunidad de ganar unos USD 10.000. Alli, los anfitriones, Storrs y la cantante de R&B y neo-soul Kelis, suman a "sus amigos" al jurado para evaluar las delicias culinarias de los cocineros."He hecho muchas, muchas, muchas comidas con marihuana", comienza Leather Storrs (si, realmente se llama asi), este chef de Portland, Oregon, que cocina con cannabis hace ya casi 10 años.Durante la preparacion de los platos y, fundamentalmente, durante las argumentaciones que los participantes otorgan al "jurado de expertos", las dosis de CBD y THC siempre son un tema de discusion. 1g. por plato, ¿2?, ¿3?, ¿menos?, ¿¡mas!?"La cantidad de CBD y THC es subjetiva, pero creo que una comida que se prepara con esmero no solo aumenta el disfrute, sino que tambien crea una experiencia compartida con los demas comensales y el chef", sugiere Leather.Continuar leyendo: Hablamos con Leather Storrs, Chef de 'Cooked with Cannabis', el Show Gastronomico de Netflix* Cientificxs Descubren el THCP: ¿30 Veces Mas Fuerte que el THC? La noticia de una nueva forma de THC (THCP) llego a los principales medios de comunicacion el mes pasado. Acto seguido exploto un alboroto frenetico sobre el hecho de que un cannabinoide 30 veces mas fuerte que cualquiera visto antes llegaria al mercado.Si bien efectivamente cientificos italianos descubrieron un nuevo cannabinoide con una mayor afinidad de union a los receptores del cerebro, hay mucho mas para contar sobre este hallazgo inicial. Asi que contactamos a Ben Armstrong de Juniper Analytics para ayudarnos a examinar el informe y comprender la ciencia detras de este estudio. Cabe destacar que Ben ha leido el documento y conoce los antecedentes de aislar cannabinoides para la investigacion, pero no realizo esta investigacion directamente. Sin embargo, ofrecio una perspectiva profesional sobre lo que significa esta nueva informacion.Continuar leyendo: Cientificxs Descubren el THCP: ¿30 Veces Mas Fuerte que el THC?* Dia de la Bicicleta: Demonios, Leche y 'Medicina para el Alma'Una breve historia sobre el experimento fallido de Albert Hofmann con LSD que provoco un fenomeno cultural.Por James McClure, via DoubleBlind Mag.El 19 de abril de cada año, lxs psiconautas dedicadxs celebran el Dia de la Bicicleta: la fiesta del LSD, similar al 4/20 para el cannabis.Pero lo sucedido el primer Dia de la Bicicleta no fue nada festivo para Albert Hofmann, el cientifico suizo que descubrio los efectos alucinogenos del LSD despues de dosificarse accidentalmente con acido. En ese momento, Hofmann estaba convencido de que no sobreviviria a la terrible experiencia que se convertiria en la base de esta efemeride. Sin embargo, docenas de viajes mas tarde, lo llamo una herramienta para la evolucion humana.Descubran por que en nuestra breve historia del Dia de la Bicicleta.Continuar leyendo: Dia de la Bicicleta: Demonios, Leche y 'Medicina para el Alma'* Recomendaciones Semanales: Baltazar Oliver y Chocolate Remix Por Lola Sasturain.En esta seccion, diferentes personalidades del mundo del arte, la cultura y los medios de comunicacion nos recomiendan musica, series y discos ideales para disfrutar fumadx.En esta edicion, Baltazar Oliver y Chocolate Remix nos acercan sus predilecciones a la hora de fumar marihuana.Continuar leyendo: Recomendaciones Semanales: Baltazar Oliver y Chocolate Remix* Trump Es 'Un Dictador Brutal': Una Perspectiva desde EEUU Por Jeff Siegel.No voy a mentirte, Marge...Todavia no puedo creer que Donald Trump haya ganado las ultimas elecciones. Y menos aun, que la gente todavia apoye a este tipo.Un hombre que llama violadores y asesinos a los mexicanos mientras alaba a dictadores violentos en Filipinas y Corea del Norte.Un hombre que se burla de lxs estadounidenses discapacitadxs mientras sugiere que algunxs nacionalistas o supremacistas blancxs son "buenas personas".> Remember this? Happy CincoDeMayo! https://t.co/1jDZHNTHHj> > -- Donald J. Trump (@realDonaldTrump) May 5, 2020Un hombre que permite que niñxs latinxs mueran en jaulas mientras publica una foto de si mismo comiendo un taco y diciendo que ama a lxs hispanxs.Continuar leyendo: Trump Es 'Un Dictador Brutal': Una Perspectiva desde EEUUSee more from Benzinga * Pistons 'Bad Boy' John Salley Talks 'The Last Dance' And His Relationship With Michael Jordan * ESPAÑOL • Acciones de Tilray Caen Luego de Reporte Trimestal, Harmless, Ketamina en Farmacias, Lo Nuevo de Netflix, y Más * ESPAÑOL • Noticias del Día: Una Línea de Ropa de 'Narcos', Alice Moon y el SHC, Acciones de Cannabis, MindMed y el LSD, y Más(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

If You're Retired, Consider Buying These 7 Stocks

Combining dividends and growth may be a great way to extend the life of your portfolio in retirement.

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  Better Buy: Amazon vs. Home Depot

  Motley Fool
• 3 Brick-and-Mortar Retail Stocks Bucking Downward Tide

  Investopedia

Coronavirus update: Case and death tolls keep rising, but shock increase in U.S. jobs suggesting the worst may be over, for now

While the number of confirmed cases that causes COVID-19 and death tolls keep rising, a “shock” increase in jobs and drop in unemployment in the U.S. in May add to signs suggesting the worst of the pandemic is over as the easing of lockdown measures continues nationwide.

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  Brazil death toll hits new high for third straight day

  PA Media: World News
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  Undiagnosed COVID-19 could mean English toll is higher than thought: ONS

  Reuters

What's next for office tech as Americans return to work

Fueled by increased demand for its notebooks from the current stay-at-home environment, tech giant Dell’s (DELL) Q1 earnings topped expectations, while video conferencing software like (ZM) and Cisco’s (CSCO) WebEx have also seen a dramatic increase due to the COVID-19 pandemic. However, principal analyst of Futurum Research Daniel Newman joined Yahoo Finance to discuss what’s next for Dell and other tech companies as the nation starts to return to work following the pandemic.