DealBook: Cheering for Higher Oil Prices

DealBook: Cheering for Higher Oil Prices

Starting tomorrow, we will be holding a special call every Tuesday for entrepreneurs and other business leaders about the day-to-day challenges of running a business during the pandemic.. An unusually broad coalition came together on the deal, brokered by President Trump.. Low oil prices have battered debt-laden U.S. energy companies, putting the president in the unfamiliar position of coordinating with the OPEC cartel instead of criticizing it. ". Demand has fallen faster than the proposed cuts, making the production deal "historic insufficient" according to analysts at Goldman Sachs.. Two weeks ago, President Trump said he wanted the U.S. economy "opened up and just raring to go by Easter.". The president is getting conflicting advice, according to in-depth reports from The Times.. "The phone calls from his business friends compete against the television images of overwhelmed hospitals.. As the coronavirus ravaged its business, Mr. Iger, now Disney's executive chairman, has "effectively returned to running the company," reports Ben Smith of The Times .. Disney could be losing as much as $30 million a day, according to analyst estimates.. Masks don't replace hand washing and social distancing.. If you're sick and you think you've been exposed to the new coronavirus,