Upcoming seasonal threats coinciding with the coronavirus pandemic could further strain America's already extended emergency management systems.
Why it matters: The coronavirus vaccine likely won't be available until at least mid-2021. But while the pandemic drags on, hurricane season begins in June, wildfires generally spike in the summer and fall, and flu season peaks between December and February.
At least a dozen electric vehicle startups with dreams of becoming the next Tesla are suddenly in limbo, hoping they can hang on through the coronavirus pandemic for a chance to deliver on their long-shot ambitions.
The big picture: Building a car company from scratch is extraordinarily difficult, requiring billions of dollars in capital. Tesla made it, but not without a few harrowing brushes with death. Add the economic uncertainty of a global pandemic, and the stunning collapse in oil prices, and the odds of success are even lower.
The National Association of City Transportation Officials has released a document, called "Streets for Pandemic Response and Recovery," to make it easier for city planners to adapt their streetscapes to the shifting pressures of the coronavirus pandemic.
Why it matters: The scope and duration of the changes could affect urban air quality, carbon emissions and could even influence post-crisis oil demand.
Facebook CEO Mark Zuckerberg said Thursday that the company is planning to shift the majority of its workforce to be able to work remotely in the next 5 to 10 years.
The state of play: It's the latest sign that remote work could become a permanent fixture of the post-pandemic landscape for substantial numbers of people whose jobs enable that luxury. That, in turn, is among the things that may act as a drag on long-term oil demand if many large employers go the same route.
Pump prices are at their lowest point in years heading into the long holiday weekend, but it's hard to say how many people will take advantage of them.
Driving the news: The average U.S. price of gasoline as of early in the week was $1.88-per-gallon, per the U.S. Energy Information Administration. It's the lowest overall price since early 2016.
Dozens of the world’s leaders in business, finance and politics are planning to convene June 3 to discuss how the global economy can be “reset”— with climate change a defining theme — as nations recover from the coronavirus pandemic.
Driving the news: The online event will be hosted by His Royal Highness Charles, Prince of Wales, and Klaus Schwab, founder and executive chairman of the World Economic Forum.