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May 1, 2020 Welcome to this edition of The Reader, your weekly roundup of Fortune stories and insights you need to know.
Businesses have adjusted to the "new normal"—some better than others. The shale industry has taken a devastating hit but renewables are coming out ahead. 'Parks and Recreation' remotely produced a special. Banks were prepared to dole out loans but the process has been chaotic.
We're adjusting too. Zoom executives are learning how to work from home (so many meetings), stir-crazy New Yorkers are calling 311, and luxury fashion shopping habits are shifting.
Please consider becoming a Premium member of Fortune. You’ll not only get to read all of our award-winning reporting and enjoy other benefits of membership, but you’ll also be supporting independent, authoritative journalism during an era when we need it most.
I hope you have a safe and healthy week. Clifton Leaf
Courtesy of Zoom Video Communications MUST READ Work-from-home tips from the executive team that brought you Zoom
Even Zoom’s own workforce was not accustomed to working remotely. But its executives shared with Fortune some tried-and-tested tips for making the transition as seamless as possible. (Hint: fewer meetings, more virtual happy hours.)
APRIL 26 2020
MUST WATCH How banks prepared for the financial impact of coronavirus
The banks were the problem in 2008. Now the banks are part of the solution because the government has chosen to make all of these loans through the banks.
APRIL 23, 2020
Here's a peek of Fortune Analytics, our exclusive newsletter for Premium subscribers that brings you weekly business insights based on our own data.
This week, we surveyed 4,717 U.S. adults on when they want businesses to reopen. A few things we found noteworthy: A lot of us are going to need a haircut soon, but the public is willing to wait longer before places like salons reopen. Just 19% say nail, hair, and massage businesses should reopen immediately. Only 9% want bars back. And the least amount (7%) of survey respondents want large gatherings, like sports and concert venues, back. But a good chunk would welcome dental offices (41%), doctor offices (45%), and parks (30%) to reopen. Storefronts, too (30%). To get the full briefing on rebooting the economy, consider becoming a Fortune Premium subscriber. You'll also get access to all of our stories on the web and in print.
Your support makes our journalism possible. Thank you.
How the ‘Parks and Recreation’ coronavirus episode came together
BY RADHIKA MARYA APRIL 28, 2020
The fall of fracking—and the future of oil
BY SHAWN TULLY APRIL 30, 2020
Inside the chaotic rollout of the PPP loan plan
BY ANNE SRADERS APRIL 29, 2020
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From the archives
“Tonight, President Obama is scheduled to unveil the government’s latest plan to address the country’s labor crisis. Unemployment is at 9.1%. However, that number only scratches the surface of the magnitude of the problem. There are over 25 million Americans unemployed, underemployed or only marginally attached to the workforce. Factor in the average size of a U.S. household and that’s as many as 20% of Americans whose lives are being dramatically impacted by this stagnation.” —How to solve the other unemployment crisis by LinkedIn CEO Jeff Weiner, September 2011 . This email was sent to newsletter@newslettercollector.com Unsubscribe | Edit your newsletter subscriptions
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