Adidas disaster, NFL draft record, virtual proms

Good morning, Quartz readers! Adidas published terrible first-quarter results, and warned that worse is still to come. Profits dropped around 90% and sales fell 20% in the period. The company predicts an even worse second quarter, expecting sales to [Quartz]( Sponsored by Good morning, Quartz readers! Here’s what you need to know Adidas published terrible first-quarter results, and warned that worse is still to come. [Profits dropped around 90%]( and sales fell 20% in the period. The company predicts an even worse second quarter, expecting sales to fall by 40%. All coronavirus patients in Wuhan have been discharged from hospitals. The local government [announced the milestone]( five months after the outbreak began. More than half of all cases in China were in Wuhan, along with more than 80% of fatalities. Airbus said its survival is on the line. In a letter to staff, CEO Guillaume Faury [said the company]( is “bleeding cash at an unprecedented speed.” Airbus is furloughing 3,000 people in France, and said there likely to be significant job cuts. The NFL draft attracted a record 8.4 million viewers. Coaches had fun, showing their families ([and dogs]( on camera, as players were picked remotely for the first time. The previous record was [last year’s 6.2 million viewers](. The Italian government announced a phased reopening plan. Some wholesalers will be [allowed to open]( in early May, shops and museums two weeks later, and maybe bars and restaurants in early June. Schools will have to wait [until September](. South Korea urges caution over the Kim Jong Un rumors. [There was more speculation]( the weekend about the health of the [North Korean leader]( who last appeared in public two weeks ago, but [the southern neighbor said]( its intelligence service hasn’t detected anything suspicious. What to watch for this week - HSBC reports first-quarter results Tuesday, with a [steep decline in profit]( expected. - [Tesla reports Wednesday]( following a production boost from its Shanghai Gigafactory. - Apple reports Thursday, having confirmed it won’t hit its guidance. Supply-chain disruptions in Asia [have taken a toll](. - British prime minister Boris Johnson [returns to work today]( having recovered from Covid-19. - [Japan’s central bank announced]( more stimulus measures on Monday, setting the tone for the meetings of [the US and the EU’s central banks]( later in the week. More people than ever are job hunting. [Register here]( to join us this Thursday, April 30, at 11am EDT for a virtual workshop on “Career Building in Quarantine,” and hear from a group of experts who will help you stand out and continue to succeed in quarantine. Charting the demand for YouTube exercise videos Around the world, millions of gym enthusiasts are stuck at home because of the pandemic but still want to exercise. A growing portion of the fitness industry [is going online]( (✦ Quartz member exclusive) to help them do just that. But the most popular creators of exercise videos on YouTube have already scored a traffic boost without breaking a sweat. Sponsor content by Otis An app for the next generation of art investors. Otis is a fractional ownership platform that lets almost anyone invest in cultural items formerly accessible only to wealthy individuals, including art, collectibles and more. To learn more and view current offerings, [download the app](. For disclosures and risk, [go here](. For Quartz members Check out Quartz membership with a ✦[seven-day free trial]( - The coronavirus pandemic is pushing the fitness industry [out of the gym and onto the screen](. - Home fitness is nothing new. Physicians have prescribed it [since at least 600 BC](. - Before you get moving, experts have some advice on [how to avoid injury]( while exercising at home. The key is mobility training focused on joint health. We’re obsessed with Pokémon The vast Pokémon universe is the most lucrative franchise in the world. More than two decades after its monsters broke out of their Poké balls and onto the world stage, it’s still going strong. The latest developments, like the Detective Pikachu movie and Pokémon Go app, continue to do well. The Quartz Daily Obsession is [determined to catch ’em all](. Matter of debate The US postal service is in trouble. President Trump thinks it’s a “joke,” and the pandemic has dramatically reduced its income. Writing in the New York Times, Democratic senator Kirsten Gillbrand urges the government to protect a service “[whose roots are older than the Constitution itself]( But do we still need it? Surprising discoveries Drive-in movie theaters are having a moment. Families are flocking to restaurants that have set up screens in their parking lots to offer [epidemic-proof entertainment](. Scientists want to know what your sourdough starter smells like. The researchers are using the bread-baking trend to [study the distribution of bacteria species]( around the world. Paleontologists identified the most dangerous place in the history of Earth. A hundred million years ago, Morocco was [teeming with carnivores]( on land, air, and sea. A developer built an ode to dying websites. Her [strange site]( packed with relics of internet design, invites visitors to remember (or learn) [what it was like when the web was weird](. Celebrities are helping US high schoolers organize virtual proms. [John Krasinski organized]( one such event live on YouTube. Billie Eilish showed up. Our best wishes for a productive day. Please send any news, comments, one person at the counter, and a long line to hi@qz.com. 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