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UK to close all travel corridors from Monday to fight threat of new Covid-19 strains

The UK is clamping down on international travel to stop the spread of new strains of Covid-19

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America Can't Have Both Unregulated Social Media and a Healthy Democracy

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In the aftermath of the violent insurrection on the U.S. Capitol last week, Twitter and Facebook de-platformed President
Donald Trump.
They effectively ended his unprecedented run of attention-hacking, gaslighting, and outright lies about the results of the 2020 presidential election.
It wasn’t just the president and leader of the free world who got this treatment. All of a sudden, the dominant social media platforms, including YouTube, also decided they had had enough of the incendiary groups—QAnon, “Stop the Steal,” and related conspiracy groups—that had been allowed to use their services to organize a movement that ultimately resulted in a deadly attempted coup.

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Business secretary denies post-Brexit plans to change workers' rights

Any changes could provoke retaliation from the European Union

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What Would Barron's Columnist Alan Abelson Say About Politics Now?

By the time of Abelson’s final column, on Feb. 11, 2013, three months before his death, he had lampooned several generations of politicians. As we approach Inauguration Day, here are some of his observations on U.S. presidents coming and going, through the decades.
Abelson didn’t address Richard Nixon’s first inauguration, in 1969, and he took a somber look at the problems facing Nixon in his second term, including a slowing economy and overseas entanglements. “Call us a cockeyed optimist,” Abelson wrote on Jan. 22, 1973, “but we think the pause that depresses will end when the war in Vietnam does.”
He had fun with the arrival of Jimmy Carter four years later, observing on Jan. 24, 1977, how “our new President strode, those magnificent choppers aflash, from the Capitol to the White House, unencumbered by fur hat or earmuffs or muffler” despite subfreezing temperatures. Perhaps, Abelson speculated, politicians “are so full of hot air that they are insulated against the worst of winter’s blasts.” As for outgoing President Gerald Ford, he “wore a reserved countenance” that seemed to ask of his successor, “why is that man smiling?”

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Space Stocks Are Rocketing Higher. What's Behind Their Big Moves.

VMware,
Pat Gelsinger, effective Feb. 15.
Since Swan took over in 2019, Intel has divested from non-core assets while making acquisitions that
strengthened its core business. But as
Barron’s notes, “Swan doesn’t have semiconductors in his DNA and is known as more of a software and finance executive than a man with deep technical expertise.”
Gelsinger, on the other hand, is
a prominent technical expert in the chip industry. He’s a trained engineer who has written a microprocessor programming book, holds several patents, helped create Wi-Fi technology and spent three decades at Intel earlier in his career.
“After careful consideration, the board concluded that now is the right time to make this leadership change to draw on Pat’s technology and engineering expertise during this critical period of transformation at Intel,” Intel chairman Omar Ishrak said in a statement.

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Presidents Don't Influence the Economy as Much as You Might Think

Barron’s had crowed that there “has never been a President with a fundamental understanding of economics better” than Hoover’s, yet the stock market crash of 1929 and the onset of the Great Depression were so severe that Hoover had little scope for action. His bad fortune provided the impetus for the turn to Roosevelt, which to
Barron’s dismay would last a generation, including eight years of Harry Truman and his “big-government boys.”
But the pendulum would eventually swing back, and American politics since then has been characterized by fairly rapid swings between the extremes of laissez-faire on the right and big government on the left.

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How to Leverage the Stimulus Boom

It’s one thing to profit from momentum. It’s another thing to buy at the tippy-tip top. Here’s how to protect yourself while staying in the game.

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Why Coal Is Having a Strange Mini-Rebound Now

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Coal could gain share despite losing its greatest political champion—President Trump.
George Frey/Getty Images
Coal has been steadily dropping as a source of U.S. electricity generation over the past two decades. After peaking in 1998, the amount of coal produced in the country had fallen by 40% by 2019, and it dropped even more in 2020.
But the next two years could see a reversal. The U.S. government now expects coal to rise from 20% of electricity consumption in 2020 to 22% in 2021 and 24% in 2022.
What’s remarkable is that coal could gain share despite losing its greatest political champion—President Donald Trump. How could it suddenly be experiencing a mini-renaissance when it’s about to face much more stringent regulations?

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Apache, EOG and Devon Energy Are A Few of the Oil and Gas Industry's 'Democrat Darlings'

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Oil and gas companies could face more stringent regulations under Democratic control of the White House and Congress. But analysts remain confident about their prospects, as political shifts often result in surprising changes.
In fact, President-elect Joe Biden’s victory has coincided with a runup in prices even though he is considered to be less of a friend to the industry than a Republican administration would have been.
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Apache, Devon Energy, and EOG Are a Few of the Oil and Gas Industry’s ‘Democrat Darlings’
Oil and gas companies could face more stringent regulations under Democratic control of the White House and Congress.

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Higher Dividend Tax Looks Possible for Top Earners Under Biden

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U.S. President-elect Joe Biden, shown here at an event in Wilmington, Del., on a recent day, could look to undo some of the 2017 tax cuts, including a potential increase on dividend taxes.
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For wealthy individuals, paying a higher tax rate on dividends could be in the offing under the incoming Biden administration, though it’s far from certain given all of the crosscurrents and political rancor in Washington.
Just what will happen in Washington regarding tax policy after President-elect Biden assumes office is hard to divine, and details of any plans for a dividend tax are scant. A spokeswoman for the Biden transition team referred Barron’s to a tax-policy paper on its website that calls for “those making more...

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