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April 7, 2020
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Epidemics

Reuters - Business

Trump says $70 billion in coronavirus rescue loans authorized. But where’s the cash?

Reuters
WASHINGTON (Reuters) – Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent days, President Donald Trump said on Tuesday, adding that that money was “essentially loaned.” The downtown district of Washington, looking east......
Reuters - Business

Amazon testing disinfectant fog at New York warehouse after coronavirus protests

Reuters
(Reuters) – Amazon.com Inc is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker protests over the risk of coronavirus infection at the site. FILE PHOTO: Protesters are seen at Amazon building during the outbreak of......
CNBC Business

New Jersey closes most public parks, extends emergency order as deaths surge

CNBC
CNBC – For more and to sign up click here New Jersey is extending its public health emergency order and closing all state and county parks as coronavirus deaths hit the highest single-day increase in COVID-19 deaths yet, Gov. Phil Murphy announced Tuesday. Murphy announced that 232 people died of......
Reuters - Business

U.S. economy will eventually reopen but with big changes: Kudlow

Reuters
FILE PHOTO: U.S. Director of the Economic Council Larry Kudlow speaks during the Wall Street Journal CEO Council, in Washington, U.S., December 10, 2019. REUTERS/Al Drago WASHINGTON (Reuters) – The Trump administration is aiming to reopen the U.S. economy when the nation’s top health experts give the go-ahead, but Americans’......
Reuters - Business

As coronavirus hits tourism, Wizz Air finds new role

Reuters
BUDAPEST (Reuters) – Hungarian low-cost airline Wizz Air (WIZZ.L) is repatriating citizens and transporting medical equipment for east European governments, in a move coupling one-off charter traffic with savvy government relations amid the coronavirus crisis. Wizzair aircraft with a shipment of medical and protective gear from China, which will be......
Reuters - Business

Outbreak shows signs of leveling off in New York, New Jersey, but vigilance urged

Reuters
NEW YORK (Reuters) – The governors of New York, New Jersey and Louisiana pointed to tentative signs on Monday that the coronavirus outbreak may be starting to plateau in their states but warned against complacency as the death toll nationwide approached 11,000. Although coronavirus cases and deaths continued to mount,......
CNBC Business

Trump says there’s light at the end of the tunnel with coronavirus vaccine and treatment research

CNBC
CNBC – For more and to sign up click here President Donald Trump speaks during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room at the White House on April 6, 2020, in Washington, DC. Mandel Ngan | AFP | Getty Images While the coming days......
CNBC Business

White House health advisor Fauci says we may never get back to ‘normal’

CNBC
CNBC – For more and to sign up click here Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci speaks during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room at the White House on April 1, 2020, in Washington, DC. Mandel Ngan......
Reuters - Business

Coronavirus spread may be leveling off in New York, New Jersey; vigilance urged

Reuters
NEW YORK (Reuters) – The governors of New York and New Jersey pointed to tentative signs on Monday that the coronavirus outbreak was starting to plateau but warned against complacency as the nationwide death toll topped 10,000 and the number of known U.S. infections surpassed 350,000. New York Governor Andrew......
Reuters - Business

Lufthansa to discuss permanently grounding Germanwings: sources

Reuters
FILE PHOTO: Aircrafts of Germanwings are parked on the tarmac of the Cologne-Bonn airport during a 24-hour strike over pay and working conditions for the employees of Lufthansa’s low budget airlines Eurowings and Germanwings in Cologne, Germany October 27, 2016. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Lufthansa (LHAG.DE) will discuss permanently......
Reuters - Business

New York, New Jersey see early signs of coronavirus ‘flattening’

Reuters
NEW YORK (Reuters) – The governors of New York and New Jersey said on Monday their states were showing tentative signs of a “flattening” of the coronavirus outbreak, but they warned against complacency as the nationwide death toll topped 10,000 and the number of cases reached 350,000. New York Governor......
Reuters - Business

Governor Cuomo sees signs of pandemic ‘flattening’ in New York

Reuters
NEW YORK (Reuters) – New York Governor Andrew Cuomo on Monday cited tentative signs the coronavirus outbreak was “flattening” in his state but warned against complacency as the U.S. death toll topped 10,000 and the number of cases reached 350,000. New York reported 4,758 coronavirus-related deaths as of Monday, an......
CNBC Business

New York City may have to bury coronavirus victims on public lands as deaths overwhelm mortuaries

CNBC
CNBC – For more and to sign up click here Medical workers remove a body from a refrigerated truck outside of the Brooklyn Hospital on March 31, 2020 in New York City. Stephanie Keith | Getty Images New York City is preparing to bury the bodies of those who died......
CNBC Business

Cuomo will ask Trump to allow coronavirus patients on Comfort

CNBC
CNBC – For more and to sign up click here Gov. Andrew Cuomo said he will ask President Donald Trump on Monday to allow the U.S. Navy’s 1,000-bed hospital ship Comfort to be used to treat patients with the coronavirus to relieve pressure on extremely strained New York City’s hospital system.......
CNBC Business

WHO says coronavirus vaccine and treatment research has ‘accelerated at incredible speed’

CNBC
CNBC – For more and to sign up click here World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus gestures during a press briefing on evolution of new coronavirus epidemic on January 29, 2020 in Geneva. Fabrice Coffrini | AFP | Getty Images Research to develop vaccines and treatments to fight......
Reuters - Business

White House considering U.S. Treasury coronavirus bond: Kudlow

Reuters
FILE PHOTO: White House National Economic Council Director Larry Kudlow talks with media during a break in a meeting to wrap up work on coronavirus economic aid legislation to prevent the spread of coronavirus disease (COVID-19) in Washington, U.S., March 21, 2020. REUTERS/Mary F. Calvert WASHINGTON (Reuters) – White House......
Reuters - Business

GSK to partner with Vir for potential COVID-19 treatments, invest $250 million

Reuters
(Reuters) – British drugmaker GlaxoSmithKline will invest $250 million in Vir Biotechnology Inc and collaborate to develop potential treatments for COVID-19, the disease caused by the new coronavirus, the companies said on Monday. FILE PHOTO: The GlaxoSmithKline (GSK) logo on top of GSK Asia House is seen through vertical louvres......
Reuters - Business

Uber connects out-of-work U.S. ride-hail drivers to delivery, production jobs

Reuters
(Reuters) – Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its U.S. drivers who have been hit by a slump in ride-hailing demand due to the coronavirus. FILE PHOTO: An Uber sticker is......
Reuters - Business

Take Five: Life in the time of corona

Reuters
LONDON (Reuters) – 1/LOOKING TO CHINA FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second......
Reuters - Business

American joins United, others in suspending more NYC flights on coronavirus spike

Reuters
(Reuters) – American Airlines Group Inc (AAL.O) said late Sunday it would suspend more flights in and out of New York City’s three main airports for about a month, joining other airlines that have cut flights to the area following a spike in coronavirus cases. FILE PHOTO: A member of......

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