In this issue

After a turbulent year with the coronavirus pandemic putting a halt to the world’s travel plans, rental giant Airbnb is preparing to go public. Over the past decade, the Silicon Valley startup has transformed the way we sleep and explore, and its dominance will only continue to grow.

ORDERS FOR BIG-TICKET US MANUFACTURED GOODS JUMPED 11.2%

Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain.

1 min

AIRBNB: REVOLUTIONIZING TRAVEL THROUGH TECH

After a turbulent year with the coronavirus pandemic putting a halt to the world’s travel plans, rental giant Airbnb is preparing to go public. Over the past decade, the Silicon Valley startup has transformed the way we sleep and explore, and its dominance will only continue to grow.

7 mins

FACE MASKS AMID THE ART: NEW YORK CITY'S MUSEUMS TO REOPEN

When the iconic T. Rex at the American Museum of Natural History again welcomes visitors, it will gaze down at humans acting a bit differently.

5 mins

APPLE CEO TIM COOK IS FULFILLING ANOTHER STEVE JOBS VISION

Apple co-founder Steve Jobs, who died in 2011, was a tough act to follow. But Tim Cook seems to be doing so well at it that his eventual successor may also have big shoes to fill.

4 mins

US CONSUMER CONFIDENCE FALLS IN AUGUST TO LOWEST IN 6 YEARS

U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened pessimism.

1 min

‘THE 24TH' IS A SOBERING HISTORY LESSON FOR TODAY

On Aug. 23, 1917, four months after the U.S. had entered World War I, the all-Black 3rd battalion of the U.S. Army’s 24th Infantry Regiment mutinied in Houston.

3 mins

VIRTUAL LEARNING SITES SPROUT UP TO HELP WORKING PARENTS

A dance studio in Florida. A martial arts center in Missouri. Libraries in San Francisco. These and other places are taking on a somewhat unlikely new role this fall — welcoming children for supervised distance learning while their parents go to work.

4 mins

ZOOM GLITCHES, BRIEFLY GRINDING US SCHOOLS TO A HALT

Teachers and parents got a brief glimpse of a new kind of pandemic-era nightmare Monday when Zoom — the video-conferencing service that powers everything from distance learning to business meetings to casual, socially distant get-togethers — abruptly went dead.

3 mins

JULY SALES OF NEW HOMES SURGE 13.9%, FAR MORE THAN THOUGHT

Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns.

2 mins

ALIBABA'S ANT GROUP FILES FOR IPO IN HONG KONG, SHANGHAI

Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the coronavirus pandemic began.

1 min

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