Business News - The Last 24 Hours

New York postpones Democratic primary amid coronavirus outbreak, the eleventh state to do so
CNBC - 35 min 25 sec ago
During a press briefing, Cuomo said he would issue an executive order to delay the vote, aligning it with the congressional and legislative primaries in New York.
RELATED:
CNN - 23 dead in prison riot in Colombia prompted by coronavirus fears, Ministry of Justice says - 46 min 43 sec ago
CNBC - Scenes of cities shut down by the coronavirus pandemic - 54 min 44 sec ago
BBC - Coronavirus: Calls for better workplace social distancing guidance - 1 hour 49 min ago
Deutsche Welle - Coronavirus shakes foundations of the European Union - 2 hours 16 min ago
NDTV - Coronavirus Kills More Than 1,000 In UK: Report - 4 hours 7 min ago
FOX Business - Coronavirus -- With smart public health safeguards in place, let's consider how to get Americans back to work - 4 hours 17 min ago
SCMP - Tear gas, rubber bullets: coronavirus lockdown in Africa - 6 hours 20 min ago
Associated Press - Coronavirus: 101yo Italian man recovers from COVID-19 - NEWS.com.au - 15 hours 55 min ago
Reuters - Condom shortage looms after coronavirus lockdown shuts world's top producer - 16 hours 10 min ago
Bloomberg - Coronavirus Outbreak: Live Updates and News for Mar. 27, 2020 - Bloomberg - 20 hours 35 min ago
COMMENTARY:
Toronto Star - 3 more national parks close to prevent coronavirus spread - 41 min 47 sec ago
The Independent - 'She was not alone': Nurse uses video chat to let daughter say farewell to mother dying of coronavirus - 44 min 48 sec ago
Financial Post - South Africa’s coronavirus infections rise at a slower rate - 1 hour 2 min ago
New York Times - Instacart Shoppers Plan to Strike Over Coronavirus Protections - 1 hour 3 min ago
BusinessInsider - Sneezing is not a common coronavirus symptom — here's how to differentiate the virus from allergies - 1 hour 52 min ago
Euronews - Coronavirus creativity - the Lithuanians making hand-free door handles - 3 hours 27 min ago
The Guardian - Troubled WeWork is in no condition to withstand coronavirus - 4 hours 22 min ago
Indiatimes - Oxford university begins enrolling over 500 volunteers for coronavirus vaccine trial - 5 hours 52 min ago
The Hindu - Tata Sons commits ₹1000 crore to fight coronavirus - 5 hours 53 min ago
Daily Express - Coronavirus has REAPPEARED in 'recovered' patients raising fear immunity not guaranteed - 5 hours 59 min ago
Wall Street Journal - Coronavirus and Autocrats: Never Let Pandemic Go to Waste - 7 hours 22 min ago
Sydney Morning Herald - The war within the war over coronavirus - 7 hours 22 min ago
Vox - “This may be the tip of the iceberg”: Why Japan’s coronavirus crisis may be just beginning - 8 hours 52 min ago
Washington Post - ‘Pajama entertainment’ is the newest cultural shift of the coronavirus era - 10 hours 17 min ago
Russia Today - Wuhan reopens subway, allows incoming traffic as it phases out 2-month coronavirus lockdown (PHOTOS) - 14 hours 12 min ago
New York Post - Workers laid off due to coronavirus can’t get through to unemployment office - 21 hours 31 min ago
TechCrunch - John Borthwick & Matt Hartman of betaworks discuss coronavirus adaptation strategies - 22 hours 4 min ago



Amazon entices warehouse employees to grocery unit with higher pay
CNBC - 1 hour 18 min ago
Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries.
RELATED:
Reuters - Exclusive: Amazon entices warehouse employees to grocery unit with higher pay - 4 hours 50 min ago
COMMENTARY:
Financial Post - Amazon entices warehouse employees to grocery unit with higher pay - 5 hours 1 min ago
Sydney Morning Herald - Doctor working with Amazon tribe tests positive for coronavirus - 19 hours 38 min ago



New Yorkers have until July 15 to file state tax returns, Cuomo confirms
CNBC - 1 hour 23 min ago
The Empire State is granting taxpayers three more months to get their tax returns in, according to Gov. Andrew Cuomo. The due date is now July 15, the same day as the new federal tax deadline.
RELATED:
CNN - The stimulus bill includes a tax break for the 1% - 1 hour 36 min ago
COMMENTARY:
ZeroHedge - Trump Bails Himself Out? Overlooked Provision In Stimulus Bill Affords $170 Billion In Real Estate Tax Breaks - 3 hours 2 min ago
The Hindu - COVID-19: Nasscom urges government to defer tax payment, return filing for startups, MSMEs - 6 hours 42 min ago
BusinessInsider - The government stimulus checks soon coming to millions of Americans will be tax-free - 22 hours 59 min ago



Coronavirus: UK tourists in India complain of being 'abandoned' by government
BBC - 2 hours 25 min ago
Shops are closed and transport stopped after strict lockdown was imposed at four hours notice on Monday.
RELATED:
CNBC - Coronavirus live updates: Philippines sees largest daily rise in deaths, India turns to idled trains - 6 hours 27 min ago
BBC - Coronavirus: India defiant as millions struggle under lockdown - 6 hours 37 min ago
NDTV - Hopeful Flights To Bring Americans From India Will Start In 3 Days: US - 10 hours 14 min ago
CNN - Desperate to go home, Indian migrant workers face tough choice amid world's largest lockdown - 13 hours 56 min ago
Associated Press - Day-to-day shenanigans in times of coronavirus around the globe | Photos - India TV News - 14 hours 20 min ago
Deutsche Welle - India: Police under fire for using violence to enforce coronavirus lockdown - 16 hours 34 min ago
COMMENTARY:
Indiatimes - India Lockdown: Relieve, revive, rebuild amid a pandemic - 1 hour 52 min ago
Russia Today - Zombie apocalypse? Naked man breaks India’s national virus quarantine to viciously kill woman in savage bite attack - 2 hours 2 min ago
Financial Post - India needs at least 38 million masks to fight coronavirus-agency document - 8 hours 11 min ago
BusinessInsider - A coronavirus 'super-spreader' in India who refused to self-isolate sparked an outbreak that left 40,000 people in quarantine, officials say - 18 hours 46 min ago
The Straits Times - India cuts rates, unleashes $72b of liquidity to counter impact of virus - 23 hours 22 min ago



US Schools Planning Early Graduation For Medical Students To Fight Virus
NDTV - 2 hours 26 min ago
As the number of coronavirus cases in the country continues to surge, the medical schools across the US are considering early graduation for senior medical students in a bid to meet the increasing...
RELATED:
FOX Business - Farmworkers key to keeping US fed are wary of coronavirus's spread - 4 hours 17 min ago
CNBC - The US economy has come to a standstill, satellite imagery shows - 5 hours 32 min ago
Associated Press - Trump signs $2 trillion coronavirus bill a US braces for economic pain - Metro.co.uk - 9 hours 38 min ago
SCMP - Coronavirus: New Yorkers made to feel unwelcome in other US states over infection fears - 11 hours 27 min ago
CNN - The US hits a grim new record as Trump continues to preach optimism - 16 hours 19 min ago
NDTV - US Lab Unveils Portable 5-Minute Coronavirus Test - 16 hours 36 min ago
Deutsche Welle - Coronavirus latest: US outbreak surges to over 100,000 cases - 20 hours 17 min ago
COMMENTARY:
Toronto Star - Farmworkers key to keeping US fed are wary of virus spread - 4 hours 51 min ago
BusinessInsider - The 'Dr.Doom' economist lays out 3 reasons why the coronavirus-induced US recession could become a 'Greater Depression' - 5 hours 11 min ago
The Independent - 'We have lost it all': Millions of US workers lose their jobs due to coronavirus - 7 hours 1 min ago
The Guardian - 'I have no money': debt collection continues in US despite pandemic - 11 hours 22 min ago



Coronavirus latest: Trump says he may quarantine New York; China sends aid to Pakistan
SCMP - 2 hours 42 min ago
President Donald Trump said his administration could announce a large-scale two-week quarantine of New York and the surrounding area later Saturday.“We’d like to see New York quarantined because it’s a hotspot – New York, New Jersey, maybe one or two other places, certain parts of Connecticut,” Trump told reporters outside the White House.“We might not have to do it but there’s a possibility that sometime today we’ll do a quarantine – short-term two weeks for New York, probably ...
RELATED:
Associated Press - Live updates: Italy surpasses China in total coronavirus infections; Trump approves Michigan disaster declaration amid acrimony with governor - The Washington Post - 4 hours 48 min ago
SCMP - Coronavirus: Chinese scientist advises people in Europe, US to wear face masks in public - 6 hours 22 min ago
Bloomberg - China Signals Ramped-Up Stimulus as Coronavirus Impact Widens - Yahoo Finance - 12 hours 59 min ago
Deutsche Welle - Doubts over China's claim of beating coronavirus - 14 hours 28 min ago
CNBC - Coronavirus live updates: China reports 54 new cases, says all of them are 'imported' - 19 hours 48 sec ago
NDTV - China's Coronavirus Epicentre Eases Travel Restrictions Post Lockdown - 20 hours 16 min ago
COMMENTARY:
ZeroHedge - Fauci: Italy "Hit Very Badly" By COVID-19 Due To Prevalence Of Chinese Tourists - 5 hours 57 min ago
Daily Express - South China Sea: Brink of war over waters as China continues to flex military muscle - 6 hours 5 min ago
Financial Post - China readies stimulus measures as local virus cases dwindle - 6 hours 40 min ago
Toronto Star - China sends medical aid to Pakistan to combat virus outbreak - 10 hours 30 min ago
Indiatimes - China's coronavirus epicentre Hubei to resume domestic flights from Sunday - 12 hours 52 min ago
BusinessInsider - A Wuhan seafood vendor believed to be one of the first coronavirus patients says 'a lot fewer people would have died' if the Chinese government acted sooner - 15 hours 8 min ago
New York Times - China Pushes to Churn Out Coronavirus Gear, Yet Struggles to Police It - 23 hours 54 min ago



Coronavirus: Trump 'considering quarantine on New York'
BBC - 2 hours 45 min ago
The president says he is considering quarantining the state, but its governor expresses concern.
RELATED:
CNBC - Trump is considering 'enforceable' quarantine in New York, New Jersey and parts of Connecticut - 2 hours 56 min ago
CNN - Trump says he's considering short-term quarantine of New York - 3 hours 32 min ago
Associated Press - Live updates: Trump approves Michigan disaster declaration amid acrimony with governor; coronavirus global total reaches 600,000 - The Washington Post - 4 hours 58 min ago
NDTV - COVID-19: Trump Announces 1 Lakh Ventilators In 100 Days To Help Allies - 17 hours 1 sec ago
Bloomberg - Trump Signs Historic $2 Trillion Virus Relief Package Into Law - Bloomberg - 20 hours 35 min ago
Reuters - Bipartisan majority of Americans reject Trump idea to reopen by Easter: Reuters/Ipsos poll - 21 hours 57 min ago
BBC - Coronavirus: Trump orders General Motors to make ventilators - 22 hours 25 min ago
Deutsche Welle - Coronavirus: Trump signs $2.2 trillion relief bill into law - 23 hours 42 min ago
COMMENTARY:
BusinessInsider - Cuomo pushed back on Trump's suggestion to quarantine the entire tri-state area of New York: 'I don't know how that could be legally enforceable' - 1 hour 2 min ago
Financial Post - Trump says he might lock down New York as health workers call for more equipment - 1 hour 6 min ago
The Independent - 'Don't be a cutie pie': Trump shoots down reporter who asks about coronavirus supplies - 1 hour 55 min ago
Daily Express - New York borders to CLOSE: Donald Trump considers state 'quarantine' as cases surpass 52k - 3 hours 26 min ago
New York Times - A Single Gesture Behind Trump Fuels an Online Conspiracy Theory - 3 hours 51 min ago
Euronews - Coronavirus has shown that the economy is more important to Trump than elderly people ǀ View - 6 hours 52 min ago
Indiatimes - Donald Trump signs $2.2 tn stimulus after swift congressional votes - 12 hours 52 min ago
Washington Post - Trump takes immediate step to try to curb new inspector general’s autonomy, as battle over stimulus oversight begins - 14 hours 38 min ago
Toronto Star - Virus co-ordinator Birx is Trump’s data-whisperer - 15 hours 43 min ago



The market is so haywire some Wall Street strategists threw in the towel on giving S&P 500 targets
CNBC - 5 hours 12 min ago
Chief market strategists at BMO Capital, Oppenheimer and Canaccord Genuity have all suspended their year-end targets on the S&P 500.
RELATED:
FOX Business - On Wall Street, some optimism penetrates the coronavirus uncertainty - 5 hours 18 min ago
Reuters - Wall Street Week Ahead: Fund rebalancing could help buoy stock rebound - 19 hours 45 min ago
COMMENTARY:
The Hindu - Wall Street tumbles as U.S. virus cases pass 100,000 - 21 hours 38 min ago



Thousands of grounded planes. Nearly empty fights. How the coronavirus is affecting US airlines
CNN - 5 hours 13 min ago
Thousands of grounded planes. Nearly empty flights. Airports that look like ghost towns.
RELATED:
Reuters - Treasury: U.S. will be 'compensated' for assistance to airlines - 21 hours 14 min ago
COMMENTARY:
BusinessInsider - CEO of bailed out United Airlines thanks America for 'vital public assistance' and pledges aircraft to deliver medical supplies throughout the world - 1 hour 45 min ago
New York Times - Airlines Tell Employees to Prepare for Difficult Times - 19 hours 26 min ago
Financial Post - Treasury: U.S. will be ‘compensated’ for assistance to airlines - 21 hours 23 min ago
The Straits Times - The airlines most in danger of succumbing to pandemic - 23 hours 22 min ago



The traditional retirement portfolio of stocks and bonds is down 20% for only the fourth time since WWII
CNBC - 5 hours 47 min ago
As the stock-market cascaded to its recent lows this month, the traditional portfolio of 60% stocks and 40% bonds suffered a greater than 20% decline from its peak value.
COMMENTARY:
Financial Post - Fed action pushes top-rated U.S. corporate bond issuance to record - 20 hours 41 min ago



How can Boris Johnson run the UK while suffering from coronavirus?
CNN - 6 hours 39 min ago
When British Prime Minister Boris Johnson announced on Friday morning that he had tested positive for coronavirus, he insisted that he would continue to head up his country's fight against the pandemic.
RELATED:
SCMP - Blame Boris Johnson for giving my colleague the coronavirus - 8 hours 58 min ago
COMMENTARY:
Washington Post - Boris Johnson Is Ready for His Extreme WFH Close-Up - 8 hours 17 min ago
Financial Post - One Battle Boris Johnson Is Clearly Winning - 11 hours 50 min ago



The history of hand sanitizer—how the coronavirus staple went from mechanic shops to consumer shelves
CNBC - 6 hours 51 min ago
The coronavirus pandemic has hand sanitizer sales surging over 400%, causing a shortage. And the name many associate with hand sanitizers — Purell — only hit the consumer market in 1997.
COMMENTARY:
TechCrunch - Startups Weekly: A new era for consumer tech - 2 hours 22 min ago
BusinessInsider - THE SOCIAL COMMERCE REPORT: Inside the fast-developing opportunity to reach billions of consumers' wallets using social platforms - 18 hours 22 min ago



Coronavirus: 400 isolation beds to be added to Hong Kong’s public hospitals to ease pressure from surging number of infections
SCMP - 7 hours 21 min ago
Hong Kong hospital chiefs have added 400 isolation beds for coronavirus patients, as the city reported 42 new cases, among which 37 had a history of recent travel.The latest infections on Saturday brought the city’s tally to 560, after the biggest single-day jump on Friday of 65 cases. The figures came as another 31 people tested preliminarily positive.Dr Sara Ho Yuen-ha, the Hospital Authority’s chief manager for patient safety and risk management, revealed at the daily press conference tha ...
RELATED:
SCMP - Coronavirus: scramble for gym, cinema sessions hours before Hong Kong’s leisure venue ban as part of social distancing kicks in - 9 hours 7 min ago



Moscow Mayor’s Tough Virus Stance May Hasten Russia Lockdown - Bloomberg
Bloomberg - 7 hours 25 min ago
Moscow Mayor’s Tough Virus Stance May Hasten Russia Lockdown  Bloomberg
RELATED:
BBC - Coronavirus: Russia sees no epidemic but starts shutdown - 20 hours 18 min ago
COMMENTARY:
Financial Post - Rosneft sells Venezuela operations to Russian state firm - 24 min 33 sec ago
ZeroHedge - Russia To Close All Borders Monday After Banning International Flights - 2 hours 12 min ago
Daily Express - Coronavirus breakthrough as Russia pioneers way for one ventilator to treat FOUR patients - 8 hours 29 min ago
Russia Today - WATCH Russian biodefense troops disinfect nursing home in coronavirus-hit Italy - 9 hours 18 min ago



Op-Ed: Coronavirus will hit emerging markets with devastating force
CNBC - 7 hours 43 min ago
In short, developing countries – even as they act to save themselves – must shift far greater attention to fragile states and emerging markets, where the hit from the virus is likely to be far more devastating, destabilizing, and enduring, writes Fred Kempe.
COMMENTARY:
Wall Street Journal - Coronavirus Pushes Some Emerging Markets to Brink of Default - 10 hours 49 min ago



One Corner of U.S. Oil Market Has Already Seen Negative Prices - Bloomberg
Bloomberg - 7 hours 44 min ago
One Corner of U.S. Oil Market Has Already Seen Negative Prices  Bloomberg
RELATED:
Reuters - Oil plunges posting fifth straight weekly loss despite stimulus efforts - 23 hours 59 min ago
COMMENTARY:
Financial Post - Petrostates Hammered by Oil Price Plunge and Pandemic’s Spread - 14 hours 20 min ago



Will Consider Pak's Request For Financial Aid To Cope With COVID-19: IMF
NDTV - 8 hours 19 min ago
The International Monetary Fund (IMF) has said it would consider Pakistan's request for financial assistance to cope with the challenges being posed by the novel coronavirus outbreak in the country.
COMMENTARY:
Euronews - IMF declares global recession and doubles the size if its financial war chest - 8 hours 35 min ago
The Hindu - World is now in recession: IMF - 17 hours 53 min ago
Financial Post - World Bank, IMF urge debt relief for poorer countries hit by coronavirus - 21 hours 40 min ago



Coronavirus Kills 139 More In Iran, Death Count Crosses 2,500
NDTV - 10 hours 9 min ago
Iran announced Saturday that 139 more people had died from the novel coronavirus, raising the official death toll to 2,517 in one of the world's worst-affected countries.
RELATED:
Deutsche Welle - Corona: DW laureate criticizes 'ideological stubbornness' of Irani leadership - 11 hours 54 min ago
COMMENTARY:
Russia Today - Rouhani says Iran's healthcare system ready for Covid-19 peak as it sees more than 3,000 new infections - 8 hours 58 min ago
Toronto Star - In Iran, false belief a poison fights virus kills hundreds - 16 hours 47 min ago
Sydney Morning Herald - A methanol 'cure' for coronavirus is killing Iranians - 17 hours 12 min ago



Softbank-backed satellite startup OneWeb files for bankruptcy
CNN - 11 hours 48 min ago

COMMENTARY:
Financial Post - SoftBank-backed OneWeb files for Chapter 11 bankruptcy plan, cuts jobs - 17 hours 47 min ago



GM reaches settlement over lost vehicle value from defective ignition switches
Reuters - 20 hours 12 min ago
General Motors Co has reached a $120 million settlement with owners who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths.
RELATED:
Reuters - GM reaches $120 million settlement over lost vehicle value from defective ignition switches - 20 hours 38 min ago
SCMP - Coronavirus: Trump invokes Defence Production Act to force GM to make ventilators - 23 hours 12 min ago
CNN - Trump invokes Defense Production Act to require GM to make ventilators - 23 hours 31 min ago
COMMENTARY:
Financial Post - Trump tells GM: Stop ‘wasting time’, build ventilators to address coronavirus - 20 hours 27 min ago



Coronavirus: Donald Trump says tariff talks with China paused as the two countries cooperate on halting pandemic
SCMP - 20 hours 39 min ago
US President Donald Trump said on Friday that “nobody cares about trade” amid the Covid-19 pandemic, brushing off questions about whether he reached any tariff agreements with his Chinese counterpart Xi Jinping in a recent phone conversation.Trump also denied a Wall Street Journal report that came out during his briefing, which said that his administration was preparing to suspend some tariffs amid the pandemic.“President Xi never even brought it up last night. It wasn’t even discussed, ...



Apple's factories are running, but suppliers wary about iPhone demand
Reuters - 21 hours 27 min ago
As China reopens its economy after months of lockdown, Apple Inc's iPhone factories are largely up and running. But with the coronavirus pandemic spreading across the world, the urgent question for the company is how many buyers there will be both for current models and the new slate of phones expected in the fall.
COMMENTARY:
TechCrunch - This Week in Apps: Apple launches a COVID-19 app, the outbreak’s impact on social and video apps and more - 5 hours 2 min ago
BusinessInsider - Apple has updated its Mac laptops with better keyboards, but there's still one model with the unreliable 'butterfly' keyboard you need to avoid - 7 hours 6 min ago



Coronavirus prompts surge of hate speech toward Chinese on Twitter, report says
SCMP - 21 hours 38 min ago
The coronavirus outbreak has led to a 900 per cent uptick in hate speech toward China and Chinese people on Twitter, according to a report by a tech start-up.“People are spending more and more time on social networks, communication apps, chat rooms and gaming services, and the problems endemic to these platforms – hate, abuse, toxicity and bullying – have become accentuated,” the Israel-based company L1ght said in its report.“According to our data, much of this hate and abuse is being ...



Fed sets fee structure for BlackRock mortgage bond purchases
FOX Business - 22 hours 5 min ago
BlackRock will assist the Federal Reserve with its purchases of commercial mortgage-backed securities.
RELATED:
Reuters - Fed sets fee structure for BlackRock's role in mortgage bond purchases - 22 hours 51 min ago
COMMENTARY:
BusinessInsider - BlackRock won't charge the New York Fed fees on ETFs included in its bond-buying program - 4 hours 31 min ago
ZeroHedge - The Fed Can't Fix What's Broken - 5 hours 7 min ago
New York Times - Fed Releases Details of BlackRock Deal for Virus Response - 22 hours 38 min ago
Financial Post - Fed sets fee structure for BlackRock’s role in mortgage bond purchases - 23 hours 8 sec ago



Almost one in four Americans lost job or furloughed because of coronavirus: Reuters/Ipsos poll
Reuters - 22 hours 49 min ago
Nearly one in four U.S. adults said they have been laid off or furloughed during the coronavirus outbreak, yet a bipartisan majority of Americans wants businesses to remain closed to slow the spread of the deadly virus despite its impact on the economy, according to a Reuters/Ipsos poll.
COMMENTARY:
Financial Post - Almost one in four Americans lost job or furloughed because of coronavirus -Reuters/Ipsos poll - 22 hours 54 min ago



Google is donating $800 million to help with the coronavirus crisis
CNN - 23 hours 17 min ago
Google is committing to donate more than $800 million to support businesses, organizations and healthcare workers as part of its coronavirus response -- most of it in the form of free advertising.
COMMENTARY:
The Independent - Coronavirus: Supreme Court puts 'indefinite hold' on major Google and Trump trials - 4 hours 25 min ago



Boeing will seek federal help -- but won't give taxpayers a stake
CNN - 23 hours 57 min ago
Boeing is still expecting to get some help from the federal government. Just not the same kind of help that airlines are in line to get.
COMMENTARY:
ZeroHedge - Boeing's Bean-Counter Culture And The Bailout Of Mass Financialization - 1 hour 47 min ago