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G20 leaders to convene remotely, discuss coronavirus pandemic, economic impacts

6 days ago   |   By

Leaders from the Group of 20 major economies will speak by video link on Thursday about combating the coronavirus pandemic and its economic impacts. Global infections top 471,000 with more than 21,000 dead, according to Reuters.
G20 finance ministers and central bankers agreed this week to develop an “action plan” to respond to the outbreak, which the International Monetary Fund expects will trigger a global recession. Few details, however, have been offered so far.
World Health Organization Director-General Tedros Adhanom Ghebreyesus will address the leaders to seek support for ramping up...
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‘None of Us Saw It Ending This Way': Peace Corps Volunteers Evacuate Abruptly

‘None of Us Saw It Ending This Way': Peace Corps Volunteers Evacuate Abruptly

6 days ago   |   By

When the agency suspended all operations for the first time in its history, more than 7,000 volunteers in about 60 countries packed their bags, said their goodbyes and rushed to get home.
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U.S. deaths top 1,000 as $2.2 trillion in virus aid approved

6 days ago   |   By

NEW YORK - U.S. deaths from the coronavirus pandemic topped 1,000 in another grim milestone for a global outbreak that is taking lives and wreaking havoc on economies and the established routines of ordinary life.
In a recognition of the scale of the threat, the U.S. Senate late Wednesday passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems.
The unanimous vote came despite misgivings on both sides about whether it goes too far or not far enough and capped days of difficult negotiations as Washington confronted a national...
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Spain's coronavirus death toll surpasses 4,000

6 days ago   |   By

MADRID - Spain registered 655 fatalities from the coronavirus over the past 24 hours - down from over 700 on Wednesday, the health ministry reported on Thursday as the total death toll from the epidemic in the country rose to over 4,000.
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Iran's coronavirus death toll reaches 2,234 with 157 new fatalities

Iran's coronavirus death toll reaches 2,234 with 157 new fatalities

6 days ago   |   By

Covid-19 has now killed 2,234 people in Iran, with 29,406 infected, the health authorities said, as the country remains the worst-hit by the disease in the Middle East.
The numbers announced by Hossein Zolfaghari from Iran's national headquarters for fighting the coronavirus show that 157 people have died of Covid-19 in the country in the last 24 hours.
DETAILS TO FOLLOW
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News Brief: Coronavirus' Economic Effects, Testing For COVID-19

6 days ago   |   By

New unemployment claims are expected to shatter records. A $2 trillion emergency relief package passes in the Senate and heads to the House. And, the mixed message about testing for the coronavirus.
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News Brief: Coronavirus' Economic Effects, Testing For COVID-19

6 days ago   |   By

New unemployment claims are expected to shatter records. A $2 trillion emergency relief package passes in the Senate and heads to the House. And, the mixed message about testing for the coronavirus.
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Deaths in U.S. linked to COVID-19 surpass 1,000

6 days ago   |   By

Deaths continued to rise in New York, which has been called the epicenter of the outbreak in the U.S., and in states all over the country.
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News Brief: Coronavirus' Economic Effects, Testing For COVID-19

6 days ago   |   By

New unemployment claims are expected to shatter records. A $2 trillion emergency relief package passes in the Senate and heads to the House. And, the mixed message about testing for the coronavirus.
Read more ...

 

Iran's death toll from coronavirus climbs to 2,234 - ministry

6 days ago   |   By

DUBAI - Iran reported 157 new coronavirus deaths in the past 24 hours, Iranian Health Ministry spokesman Kianush Jahanpur told state TV on Thursday, taking the death toll to 2,234 in the Islamic Republic with 29,406 infected people.
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Two more weeks of lockdown as Spain's coronavirus crisis worsens

6 days ago   |   By

MADRID - Spain's coronavirus lockdown was extended on Thursday to last until at least April 12 as Europe's second-worst hit country struggled to tackle a fast increase in the death toll.
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Winners and losers in Congress's $2 trillion coronavirus rescue package

6 days ago   |   By

Days of negotiations between the Trump administration and Congress - and fierce lobbying by industries eager for assistance dealing with the coronavirus outbreak - has yielded a rescue package worth more than $2 trillion in spending and tax breaks. It was passed by the U.S. Senate late Wednesday night.
Here are some of the winners and losers:
More aid for companies, strings attached
The plan would include about $500 billion in loans and assistance for larger companies, as well as states and cities, according to the latest drafts being circulated. But the aid comes with strings attached...
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European markets open lower on expected negative US jobs data

European markets open lower on expected negative US jobs data

6 days ago   |   By

The pan-European Stoxx 600 dropped 1.5 percent in early trade on Thursday, with basic resources tumbling 2.7 percent to lead losses as all sectors and major bourses plunged into negative territory.
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The world's largest coronavirus lockdown is off to a rocky start

6 days ago   |   By

India's 1.3 billion citizens, who make up nearly one-fifth of the world's total population, are now entering Day 2 of a 21-day coronavirus lockdown.
“The entire country will be in lockdown, total lockdown,” said Prime Minister Narendra Modi in a Tuesday address to the nation that's so far reported 519 coronavirus cases and nine deaths. “To save India, to save its every citizen, you, your family... every street, every neighborhood is being put under lockdown.”
Modi gave the world's second-most populous country a four-hour heads up; police started enforcing the measure on Wednesday by...
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US coronavirus deaths top 1,000 as the country waits for $2.2 trillion economic rescue package

US coronavirus deaths top 1,000 as the country waits for $2.2 trillion economic rescue package

6 days ago   |   By

Deaths from Covid-19 have surpassed 1,000, according to a widely-cited tally, a worrying benchmark in the ongoing health crisis as Washington rushes to provide economic relief to the country's battered economy.
The United States saw its 1,000th fatality on Wednesday night, according to Johns Hopkins University. Confirmed cases have also continued to grow, reaching more than 69,000 by Thursday. The US reported its first case of the virus at the end of February.
The milestone coincided with a unanimous vote in the Senate to pass a $2.2 trillion bill designed to provide badly-needed economic...
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FDA calls for heartburn drug Zantac to be pulled from market immediately

FDA calls for heartburn drug Zantac to be pulled from market immediately

An ongoing FDA investigation has determined that levels of a contaminant in the heartburn medication can pose a risk to public health. Read more ...

Small business loans could become target of fraud and a government watchdog...

Small business loans could become target of fraud and a government watchdog is already trying to stop it

The Inspector General's office released guidelines for consumers warning of ways the new loan program could be targeted for fraud. Read more ...

Startup Genome: The coronavirus is hurting global startup investments

Startup Genome: The coronavirus is hurting global startup investments

The global startup community has suffered from the coronavirus, according to a new report by Startup Genome, which is tracking post-pandemic investments. Read more ...

FDA Requests Heartburn Drug Zantac To Be Pulled From Market Immediately

FDA Requests Heartburn Drug Zantac To Be Pulled From Market Immediately

The US Food and Drug Administration is requesting that manufacturers pull all prescription and over-the-counter ranitidine drugs, known by the brand name Zantac, from the... Read more ...

Experts answer questions surrounding your stimulus payment

Experts answer questions surrounding your stimulus payment

Despite the confusion and mounting questions surrounding coronavirus, some economic relief is coming via the $2.2 trillion coronavirus stimulus package passed last week. Read more ...

T-Mobile Completes Takeover of Rival Company Sprint

T-Mobile Completes Takeover of Rival Company Sprint

Mobile carrier T-Mobile has completed its merger with Sprint, creating a more formidable third rival to AT&T and Verizion. CEO John Legere stepped down as part of the merge... Read more ...

President Trump Offers Drowning Restaurant Industry One Solution: Tax Deductions

President Trump Offers Drowning Restaurant Industry One Solution: Tax Deductions

The restaurant industry has been scrambling for solutions to save itself during the coronavirus pandemic. President Trump has floated the idea of changing a provision in the... Read more ...

Small business owners can apply for $10,000 cash advance grant through loan...

Small business owners can apply for $10,000 cash advance grant through loan program

The SBA's Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small... Read more ...

Supply manager survey suggests COVID-19 pandemic draining vigor from Midwest...

Supply manager survey suggests COVID-19 pandemic draining vigor from Midwest economy

A survey of supply managers in a nine-state region of the Midwest and Plains is showing more signs of the coronavirus pandemic's disruptive economic impact. Read more ...

Kindness during coronavirus: Boston police officer buys groceries for single...

Kindness during coronavirus: Boston police officer buys groceries for single mom in need

Three kids and their mom won't have to have empty cupboards during the coronavirus crisis after a new Boston police officer picked up their bill at the grocery store. The... Read more ...