Key facts, dates and events

Public transport usage won't recover to pre-Covid19 levels once the lockdown ends, a survey suggests.

The Hawaii-based Gemini telescope produces a super-sharp picture of the gas giant in the infrared.

As the virus disrupts the food chain, millions of pigs could be put down without ever making it to table.

Ottawa Fire says a garage three vehicles were destroyed Saturday morning after a fire broke out on Carp Road.

How to Work with Home Stagers Remotely

Pulitzer-winning editorial artists aim to find deadline satire in the televised inquiry.

Cheeky behavior can be a cover for inadequacy.

“Arise: A Simple Story” coasts on its gentle visual language, but is a good option for those looking for a family-friendly game.

Loon — an Internet-providing balloon service owned by Alphabet, Google’s parent company — will give “mountain villagers” in Kenya the opportunity to purchase 4G service.

After nearly eight months of knowledge-gathering street tests and thousands of successful deliveries, Amazon has announced that its delivery robots have begun delivering packages to customers in Irvine, Calif.

Boston Dynamics began began leasing their robotic dogs to the public this year. One of their first customers: The Massachusetts State Police.

The Seahawks are barely over .500, but they measure up in a critical statistic that has helped narrow the field of likely Super Bowl teams.

If you were relying on Jaguars running back Leonard Fournette to help you this week you’re going to need a back up plan.

• While ride-hailing has suffered from the impact of COVID-19, Uber is in a good position to survive the crisis, three analysts who cover the company told Business Insider.
• Uber is in no danger of running of out money anytime soon, said Mark Mahaney, a managing director at RBC Capital Markets.
• And a series of cost-cutting moves should make the company profitable by next year, said Dan Ives, a managing director of equity research at Wedbush Securities.
• Uber's food-delivery service, Uber Eats, gives the company an advantage over ride-hailing competitors, since it allows homebound consumers to keep using its app, said Tom White, a senior research analyst at DA Davidson.
• Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.
• Visit Business Insider's homepage for more stories.

The ride-hailing industry has taken a major hit from COVID-19 as potential customers remain confined to their homes, but Uber is in a good position to survive the crisis, three analysts who cover the company said.

"Their business model will be intact on the other side of this," said Dan Ives, a managing director of equity research at Wedbush Securities.

A strong cash reserve will help. After ending the first quarter with $9 billion in cash and short-term investments, Uber has the resources to survive a scenario in which the prevalence of COVID-19 and its effect on consumer behavior last for the next two years, said Mark Mahaney, a managing director at RBC Capital Markets.

On Thursday, Uber disclosed its first-quarter financial results, reporting an adjusted loss of $2.9 billion on revenue of $3.5 billion during the first three months of this year. Uber CEO Dara Khosrowshahi said on a call with analysts that the ride-hailing company would cut $1 billion in fixed costs. The company has recently removed its food-delivery service — Uber Eats — from eight unprofitable markets, folded its electric bike and scooter business into Lime (Uber recently led a $170 million investment round in the company), and announced it will lay off about 14% of its workforce.

Those moves should help Uber become profitable in 2021 (the company predicted in February that it would turn a profit by the end of this year), Ives said. Uber's management, which had struggled in the wake of the company's 2019 IPO, has performed well in the current crisis by being transparent with investors and quickly moving to reduce expenses, Ives said. Investors signaled their approval of the company's strategy by sending shares up as much as 8% in after-hours trading on Thursday.

Uber Eats was one of the highlights of the company's first-quarter results, said Tom White, a senior research analyst at DA Davidson, as gross bookings grew 52% from the first quarter of 2019 to $4.7 billion. Eats gives Uber an advantage over ride-hailing competitors that don't have a similar service, as it allows the company to keep homebound consumers using its app, White said. Even after the toll of COVID-19 begins to subside, demand for online food delivery could see continued growth, he added.

But there are still challenges ahead for Uber. The company said rides fell by as much as 80% in April, and Ives projects that 30% of the customers for gig-economy companies like Uber, Airbnb, and Lyft won't use a ride-hailing service until there's a vaccine for COVID-19. Yet the pandemic could leave Uber better off in the long run, White said.

"I saw and heard enough [during Uber's first-quarter earnings call] that makes it harder and harder for me to think that these guys don't emerge from this pandemic probably in a stronger competitive position and a healthier and leaner operating position," he said.

Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.

• Read more:
• Uber CEO Dara Khosrowshahi says drivers should receive tiered healthcare benefits based on how many hours they work, and that the company would pay for it
• SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year
• Uber reveals first-quarter losses of $2.9 billion because of the coronavirus — but says business is starting to pick up again
• Lyft surges 17% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry

SEE ALSO: Elon Musk's theater of the absurd is a sign of the times for tech

Join the conversation about this story »

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The 30-year fixed-rate average moved slightly higher this week, increasing to 3.26 percent.

The native of Barbados apparently doesn't like Trump's immigration policies.

The Pences' middle child shared the happy news on Instagram: "I said 'yes.' "

The president wants the rapper, who is accused of assault, returned to the United States.

The NBC personality introduced baby Henry Harold to the world on Monday.

During a somewhat combative episode, Megan McCain asked the president's son about the "pain" his family has caused.

The host made news of his own with questionable jokes, an eye roll and whispers of another wrong winner.

Famous supporters flocked to social media as Sen. Bernie Sanders ended his presidential campaign.

Two new books critical of the president -- one from the left, one from the right -- imagine a path beyond our current divisions.

Cruise drinks packages are becoming increasingly popular. Most cruise lines offer them, and actively promote and encourage cruising passengers to buy one. However, is a drinks package right for you? I explore 8 reasons and times that a drinks package on a cruise ship is probably not worth buying. Cruise lines often have different levels and types of drinks packages, such as lines like Royal Caribbean, Carnival, Norwegian Cruise Line and Celebrity, and what should you be thinking about if deciding between these. Discover if a drinks package is right for you, and the watch-outs and things to consider.

Watch my video about the unusual ways cruisers smuggle alcohol on a cruise: https://youtu.be/xTICZTwMYkY

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Gary Bembridge's Tips For Travellers aims to help you make more of your precious travel time and money on land and when cruising the oceans or rivers of the world. To help you, in every video I draw on my first-hand tips and advice from travelling every month for over 20 years and 60+ cruises.

Follow Tips For Travellers on:
- Instagram: http://www.instagram.com/garybembridge
- Facebook: http://www.facebook.com/tipsfortravellers
- Twitter: http://www.twitter.com/garybembridge

The president has had some experience with poorly run companies and excuse-making.

They have big dreams, but the plans aren’t backed up.

He just took out two birds with one proclamation.

How best for the party to get its message across to voters.

The latest immigration rule is based on obvious lies.

Obviously, due to the recent COVID-19 outbreak, summer plans are on hold until further notice. And for families who rely on camp during the warmer months, this can be problematic. Although traditional summer camps might be out of the question this year, there are plenty of virtual options that will keep kids of all ages entertained. Whether they're looking to keep their academics sharp (hey, no one likes that pesky summer slide, right?) or just want some good, old-fashioned fun, these online summer camps will deliver.

Yesterday, I helped a parent find books for her five-year old whose dog had just died. I suggested Judith Viorst’s The Tenth Good Thing About Barney (Atheneum) in which a child remembers the best things about his much missed and greatly loved cat.

I experienced two very different things this week: I revisited some speeches by the incomparable Toni Morrison after I learned of her death. And I watched a recent video about education. I hope not only the timeliness but also how these two intersect will become clear as you read on. A recent video that is posted on Colorín Colorado focuses on English language learners (ELLs) in Dearborn, Michigan. It is entitled You Are Welcome Here.

O’Reilly has long been a leader in fostering community and building a direct sales channel. This week we took the next step in enhancing the customer’s direct buying experience by offering German editions for many of our ebook titles. Take …

You can easily connect external storage drives to iPad and iPhone, providing easy access to all the files and data on those drives via the Files app. This includes connecting flash drives, USB hard drives, SD cards, and just about any other storage medium to iPhone, iPad Pro, and iPad you can think of, as ... Read More

Do you own both a Windows PC and macOS device like the MacBook Pro or iMac? If so, you might run into file compatibility issues while you switch between your computers or software. More specifically, if you utilize software like Pages which is a part of the iWork productivity suite, you might not be able ... Read More

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Teacher question: Everyone says reading and writing are connected. But our school focuses on only reading. We have a reading program (we don’t have a writing program). We test the students three times a year in reading, but never in writing. Writing isn’t even on our report card, though I guess it is part of Language Arts. What should we be doing with writing? Shanahan's response: You came to the right place. I think your school is making a big mistake not giving sufficient attention to writing.

Around 2 300 Telkom employees have opted for voluntary severance packages since the start of a business restructuring process early this year, a spokesperson said on Tuesday.

Teacher question: Everyone says reading and writing are connected. But our school focuses on only reading. We have a reading program (we don’t have a writing program). We test the students three times a year in reading, but never in writing. Writing isn’t even on our report card, though I guess it is part of Language Arts. What should we be doing with writing? Shanahan's response: You came to the right place. I think your school is making a big mistake not giving sufficient attention to writing.

Realtors® Applaud Senate Passage of 2018 WRDA Bill