Month: January 2021

Georgia Vote Impacts Cannabis Stocks

In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool analyst Bill Barker to discuss how the Senate elections in Georgia send ripple effects to the market, as cannabis and solar stocks pop. Walgreens (NASDAQ:WBA) sells its drug distribution business to AmerisourceBergen (NYSE:ABC) in a cash and stock deal worth $6.5 billion. Wyndham Destinations (NYSE:WYND) buys Travel & Leisure magazine from Meredith Corporation (NYSE:MDP), and announces a new corporate name and ticker symbol. Bill analyzes those stories and considers which ambassador post he would prefer under a Mann administration.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.

This video was recorded on January 6, 2021.

Chris Hill: It’s

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Travel corridors axed completely in latest quarantine U-turn

Homeward bound: the ending of travel corridors will affect British travellers returning from Caribbean islands such as St Lucia (Simon Calder)
Homeward bound: the ending of travel corridors will affect British travellers returning from Caribbean islands such as St Lucia (Simon Calder)

All the remaining “travel corridors”, which allow travellers arriving in the UK to avoid self-isolation, have been scrapped in a bid to reduce the risk of introducing new variants of the coronavirus.

Boris Johnson made the announcement at the No 10 briefing. The prime minister said it would be a temporary move, aligned with the delayed “test-before-travel” scheme.

Both measures take effect at 4am on Monday 18 January. The travel corridors decision will be reviewed four weeks later, on 15 February.

The transport secretary, Grant Shapps, tweeted: “Travel corridors assess public health risk from the original Sars-Cov-2, but it’s impossible for the Joint Biosecurity Centre to provide live scientific updates to predict which countries or regions will now originate new variants.

“Travel corridors are therefore

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A $12 billion loss for 2020, Delta is cautious in early 2021

Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and testing might salvage something of the upcoming summer travel season.

Delta on Thursday reported a quarterly loss of $755 and $12.4 billion in losses for all of 2020. It is the largest annual loss in the history of the airline, which dates to the 1920s, and the global pandemic ended a decade in which Delta churned out a profit each and every year.

The fourth-quarter numbers likely would have been worse but for a December increase in air travel that likely contributed to another surge in virus infections as millions crossed the country to spend time with family and friends during the holidays.

Delta is the first major U.S. airline to report year-end financial results and the

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COVID-19 travel restrictions by state: See testing, quarantine requirements

The U.S. is still setting new COVID-19 death records, even as vaccines are rolling out across the country. And approximately 1 in every 15 Americans had tested positive for the coronavirus that cause COVID-19 as of Saturday evening, according to data from Johns Hopkins University. The U.S. surpassed more than 22 million cases Saturday.

With those grim stats in mind, many states are still imposing stay-at-home orders and travel restrictions.

Some states are discouraging interstate travel by requiring or recommending that visitors and residents returning from other states quarantine. Others allow visitors to present a recent, negative coronavirus test in lieu of the quarantine. A few also require travelers to fill out health questionnaires when they arrive.

Some counties or municipalities have issued similar advice to travelers, so anyone looking to go on a road trip or take a vacation should check government websites for their destination and anywhere

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