The UK’s Chancellor of the Exchequer Rishi Sunak in his “mini-budget” has announced a bonus scheme for employers who bring furloughed or forced leave staff back to work as part of a major drive to save jobs hit by the coronavirus pandemic. Along with a plan to create “hundreds of thousands” of new, fully subsidised jobs for young people, the minister also unveiled “Eat Out to Help Out” discount scheme to encourage diners to go back to restaurants and hotels. The government will pay 50 percent of the bill for sit-down meals in cafes, restaurants and pubs across the country from Monday to Wednesday throughout August. Read here … [Read more...] about Moneycontrol Daily: Your Essential 7
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FII: Why are you so negative? Are you feeling lonely and unhappy? Relax, there’s absolutely no reason to feel lonely, you have Powell uncle at the Fed to back you up, Lagarde aunty at the European Central Bank by your side and Kuroda-san at the Bank of Japan, all printing money hand over fist to help you. At home we have Shaktikanta chacha and Nirmala chachi all working away non-stop to support you. Why, even Yi Gang ji, the governor of the People’s Bank of China, sends you his best wishes. Think of them as your extended family. Buy, buy, buy. … [Read more...] about “Buy when there’s virus in the streets”
Back in 1997, Jeff Staple made a T-shirt in silkscreening class during his sophomore year at Parsons School of Design in New York City. As the legend goes, he walked into a boutique wearing the shirt and unintentionally walked out with an order for 12 others like it. That triggered a cascade of events that saw him drop out of school to start Staple Design Studio, launch his own streetwear line called Staple Pigeon, and by 2001, open his first retail store in New York called Reed Space. … [Read more...] about How the protest movement inspired streetwear legend Jeff Staple to branch out
381-page PDF back, chock full of out-there iterations on the logo. The companies that New York claimed had implemented an “unauthorized and confusingly similar use of the I ♥ NY ® logo and design” included big names—such as Bloomingdales, Walmart, and Reddit—and small ones, located everywhere from Utah to Oregon to Belgium. Many of the rip-offs verge on the absurd (I [dog pooping] NY??), which prompts the question: Why did the logo resonate so broadly? Even Glaser didn’t know, musing in that same 99% Invisible episode, “Why does a certain curve and a certain color and a certain contrast hold our attention and why do certain other forms bore us? I don’t know. It’s a profound mystery.” … [Read more...] about The ‘I Love New York’ logo is iconic. It’s also worth millions of dollars to New York state
Swedish music streaming firm Spotify Technology SA said on June 16 that Juneteenth, or June 19, will be a paid holiday for its US staff. The date commemorates the June 19, 1865 reading in Texas of President Abraham Lincoln's Emancipation Declaration, which brought an end to slavery in the United States. … [Read more...] about What changes are companies making in response to George Floyd protests?