7 charts show how the coronavirus could clobber real estate, from retail vacancies of nearly 15% to plunging office rents in Texas cities

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A Moody's Analytics report showed retail vacancies could hit as high as 14.6% by the end of 2021, assuming a Great Recession-size hit from COVID-19.
March 26, 2020   |   View Online »
 
7 charts show how the coronavirus could clobber real estate, from retail vacancies of nearly 15% to plunging office rents in Texas cities

7 charts show how the coronavirus could clobber real estate, from retail vacancies of nearly 15% to plunging office rents in Texas cities

Alex Nicoll | A Moody's Analytics report showed retail vacancies could hit as high as 14.6% by the end of 2021, assuming a Great Recession-size hit from COVID-19.

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Citigroup just poached the mastermind behind JPMorgan Chase's Sapphire Reserve to run its credit-card division

Citigroup just poached the mastermind behind JPMorgan Chase's Sapphire Reserve to run its credit-card division

Alex Morrell | Pam Habner will run a business that's critical to growing Citi's US retail bank, which has for years lagged behind competitors.

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In leaked memo, Michaels executives refuse to close stores and tell employees they must be 'here for the makers' amid the coronavirus

In leaked memo, Michaels executives refuse to close stores and tell employees they must be 'here for the makers' amid the coronavirus

Bethany Biron | "I am asked on a daily basis by customers why we are still open," a Michaels manager speaking on the condition of anonymity told Business Insider.

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The online education platform that Amazon, Microsoft, and PwC trust to retrain their workers on the hottest tech jobs is now free for schools during the coronavirus pandemic

The online education platform that Amazon, Microsoft, and PwC trust to retrain their workers on the hottest tech jobs is now free for schools during the coronavirus pandemic

Joe Williams | Legacy educational institutions aren't equipped to handle the scale of the retraining efforts alone. That's where OpenClassrooms comes in.

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GLOBAL RANKING: The top 25 online MBA programs

GLOBAL RANKING: The top 25 online MBA programs

Sherin Shibu,Mr. Tatyana Bellamy Walker | QS Quacquarelli Symonds ranked the best online MBA programs that potential students can choose from. They range in pricing, location, and duration.

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'It's like they are trying to f--- us': Founders say investors are using the coronavirus to renege on term sheets

'It's like they are trying to f--- us': Founders say investors are using the coronavirus to renege on term sheets

Callum Burroughs | A cofounder of the startup builder Entrepreneur First said he's heard of some "horribly exploitative behaviour" from investors.

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Amazon sent guests of its canceled robotics conference $600 Moncler jackets, even as its army of warehouse workers have been fighting for better conditions amid the virus outbreak

Amazon sent guests of its canceled robotics conference $600 Moncler jackets, even as its army of warehouse workers have been fighting for better conditions amid the virus outbreak

Eugene Kim | The gift is a reminder of the two-class system — high-paid knowledge workers and low-wage blue-collar workers — that Amazon's business is based on.

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Here's exactly what it takes to get into Wharton's MBA program, the No. 1 business school in the world

Here's exactly what it takes to get into Wharton's MBA program, the No. 1 business school in the world

Robin Madell | Due to the COVID-19 outbreak, the deadline for third-round admissions was moved to April 15, and the advance access deadline was moved to May 27.

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3 marketing secrets from America's first self-made female millionaire, who is also the inspiration behind a new Netflix miniseries

3 marketing secrets from America's first self-made female millionaire, who is also the inspiration behind a new Netflix miniseries

Mr. Tatyana Bellamy Walker | Before Kylie Jenner, there was Madam CJ Walker. She built a beauty empire 100 years ago and is the focus of a miniseries starring Octavia Spencer.

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The 'trade of the century': 2 hedge-fund managers break down a simple investing strategy built to profit from wreckage caused by the coronavirus

The 'trade of the century': 2 hedge-fund managers break down a simple investing strategy built to profit from wreckage caused by the coronavirus

Christopher Competiello | "What you have is the potential for the collapse of an entire country or economic system," Kevin Smith, the founder and CEO of Crescat Capital, said.

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