Bay Area group raising $1 billion for small businesses hurt by virus, theft, curfews


After a thief hit the Hollywood restaurant Los Balcones del Peru during a wave of protests against police brutality on Saturday night, owner Jorge Rodriguez counted himself lucky enough to laugh about it.

“He grabbed the most expensive wines we had and took off,” Rodriguez said, adding that the man left the restaurant otherwise untouched. “It looks like he had a taste for red wines. He didn’t touch the whites.”

Rodriguez maintains a grim sense of humor even as he struggles to keep his business on life support.

The restaurant sits on Vine Street, a short walk from the ArcLight Cinemas. Like other businesses that serve tourists, Los Balcones took an early hit from COVID-19, the illness caused by the novel coronavirus. “January is when we start getting all the travelers from Asia and Europe,” Rodriguez said. “We never got that traffic.”

Takeout customers trickle in and out, but his

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The Tiny Data Firm at the Center of the Hydroxychloroquine Storm


(Bloomberg) —

The founder of Surgisphere Corp., a data analytics firm based outside Chicago, quoted Sun Tzu’s Art of War in remarks to Utah’s Western Governors University.

“Opportunities multiply as they are seized,” Sapan Desai told fellow graduates in 2012. Desai, who obtained an MBA and also holds a medical degree and a Ph.D., sought to apply the Chinese strategist’s advice to his own career.

Now the 41-year-old surgeon and entrepreneur is at the center of a controversy with global health implications. On Thursday, doubts about data from Surgisphere prompted the retraction of two scientific articles, including an influential study in The Lancet that had shown antimalarial drugs promoted by President Donald Trump could be harmful in the treatment of Covid-19.

The World Health Organization had suspended clinical trial programs using hydroxychloroquine following the initial report, as did the U.K. and France. The Lancet’s peer-reviewed study, published on May 22,

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Graduating from college during the pandemic? These business titans have some advice for you


Graduating from college can be confusing and challenging in the best of times, not to mention a post-COVID-19 world. If you’re graduating this year, listen to the recommendations — and encouragement — these business leaders and Advisors in The Oracles have for you. 

1. Pursue what you love.

The advice I always give college graduates is more relevant than ever. This is the best time in your life to take risks and pursue what you love, whether that’s trying to become Beyoncé, starting a business, or something else. Identify the person you aspire to be and offer to work for them for free. Find a second job to make money, and move home with your parents to cut expenses if needed. If you must take an unfulfilling job, pursue your passion on the side. In my 20s, I didn’t spend money on unnecessary stuff; I worked hard doing what I

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