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Business Management

10-Year Treasury Hits Record Low on Virus Fears

Investors spooked by the coronavirus outbreak continued to flock to the safe haven of government debt on Friday, driving the yield on the 10-year Treasury note to record lows.

After sinking to an all-time low of 0.6572% early in the day, the yield on 10-year debt bounced back to around 0.74%. The 30-year rate, meanwhile, plunged as much as 34 basis points to 1.2036%.

As CNBC reports, “The plunge in yields came amid an exodus from stocks as disruptions to businesses around the world on the back of the coronavirus outbreak heighten fears of a global slowdown.”

Financial markets have

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Business Unit

Indian Tea Association, CII welcome sops to tea sector in Assam budget

The Indian Tea Association (ITA) and apex chambers CII and FICCI welcomed Assam government’s initiative to improve the quality of life of tea workers and offer sops to the tea plantation sector to tide over the difficult times.

In his Budget proposal for 2020-21, Assam finance minister Dr. Himanta Biswa Sarma announced that the 7.21 lakh tea labourers will get ₹50,000 each as payment of gratuity on retirement. The budget was submitted on March 6.

This apart the third tranche of ongoing financial support of ₹3,000 each will be paid through bank transfer. Also, tea gardens will get substantial share

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Business Value

Trump, Bolsonaro Discuss Venezuela and Trade

WEST PALM BEACH, Fla.—President Trump hosted Brazil’s president for dinner at his Florida estate, declaring the two countries have a “very good relationship.”

The president welcomed Jair Bolsonaro on Saturday night at Mar-a-Lago, his private club in Palm Beach. An administration official said the setting was chosen because the Brazilian leader would be in Florida at this time already.

The…

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Business Consultant

Despite red tape, most pediatricians are supportive of national vaccination program

Despite bureaucratic hurdles, the vast majority of pediatricians want to keep participating in a national program that provides vaccinations at no cost to children who are on Medicaid, uninsured, or who are American Indian/Alaska Native, according to researchers at the University of Colorado Anschutz Medical Campus.

The Vaccine For Children Program was created in 1993 to keep children from contracting vaccine-preventable diseases due to an inability to pay for the drugs. Since then, it has increased vaccination rates, decreased vaccine-preventable illnesses and reduced social and racial disparities among those inoculated.

The study, published online in the journal Pediatrics, examined pediatrician

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Business Express

Mini-courses pave the way to a full MBA

Matthew Rivers was a police officer in Urbana, a city in Illinois, for nearly a decade before he applied to do an online MBA in 2017. His ambition was one day to lead the police department and he did not want to pause his career to study on campus.

The nearby University of Illinois at Urbana-Champaign offered him a place on its iMBA — an online MBA — with the caveat that Mr Rivers master the fundamentals of business by passing two modules before the start of term in 2018. It was also a way for Mr Rivers, now 38,

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