Finance news

• Saudis' arrest of 2 princes called a warning to royal family

  07-03-2020 23:58 via news.yahoo.com
  
  Two senior princes in Saudi Arabia are under arrest for not supporting Crown Prince Mohammed bin Salman, who has consolidated control of all major levers of power with the support of his father, King Salman, two people close to the royal family said Saturday.The arrests on Friday of the king's younger and beloved brother, Prince Ahmed bin Abdelaziz, and the king's nephew and former counterterrorism czar, Prince Mohammed bin Nayef, came after an accumulation of behavior that was provocative to le
  
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• Italy heads for lockdown as coronavirus spreads

  07-03-2020 23:54 via news.yahoo.com
  
  Italy's government plans to place large parts of the north in coronavirus lockdown as Italian cases soared past 200 on Saturday and the Vatican announced Pope Francis's Angelus prayer would be livestreamed.In an unprecedented move echoing China's shutdown of its Hubei province at the start of global outbreak, a draft government plan obtained by an Italian newspaper said Italy intended to quarantine the entire Lombardy region around Milan, as well as tourist magnet Venice, Parma and Rimini, in no
  
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• Coronavirus: Expert's worst-case scenario is 96 million infected in US with up to 500,000 dead

  07-03-2020 23:49 via news.yahoo.com
  
  A doctor has advised hospitals to prepare for up 96 million coronavirus infections and 500,000 potential deaths as a worst-case scenario for the potential extent of the outbreak, leaked documents reveal.The documents, obtained by Business Insider, come from a presentation made during a webinar hosted by the American Hospital Association (AHA).
  
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• U.S. Deaths Climb, Cruise Lines Will Develop Tests: Virus Update

  07-03-2020 23:47 via news.yahoo.com
  
  (Bloomberg) -- U.S. cruise-line operators will work with the Trump administration to deal with the new coronavirus as and federal health officials sought to explain difficulties making a diagnostic tool to stem the disease.Italy will limit movement in the region near Milan to fight the spreading virus as deaths reached 233, the most after China. New fatalities at a Seattle nursing home pushed the U.S. total to 19.New cases rose in New York City and its suburbs and U.S. pro sports leagues discuss
  
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• Philippine clashes leave 14 militants, 4 soldiers dead

  07-03-2020 23:47 via news.yahoo.com
  
  Philippine troops have killed at least 14 Muslim militants aligned with the Islamic State group in a weeklong offensive in a southern province that also left four soldiers dead, a regional military commander said Saturday.
  
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• Italy to quarantine millions around Venice and Milan

  07-03-2020 23:33 via news.yahoo.com
  
  Italy prepared Saturday to quarantine more than 10 million people around the financial capital Milan and the tourist mecca Venice for nearly a month to halt the spread of the new coronavirus.A draft government decree published by Italy's Corriere Della Sera newspaper and other media said movement into and out of the regions would be severely restricted until April 3.Corriere Della Sera said it was "imminent" -- and that those who violated the measures could be jailed.
  
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• Italy is preparing to put an entire region on lockdown to control the escalating coronavirus outbreak

  07-03-2020 23:33 via news.yahoo.com
  
  The region's schools, museums, theaters, and swimming pools will be shut down. Italy has reported 5,883 cases of COVID-19 and 233 deaths so far.
  
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• Coronavirus: US deaths rise to 19 as New York declares state of emergency

  07-03-2020 23:26 via news.yahoo.com
  
  * Florida officials announce two deaths, the first on the east coast* US has at least 400 confirmed cases of coronavirusThe death toll from coronavirus in the United States rose on Saturday afternoon to 19 people, as authorities announced two deaths in Florida, the first US deaths outside the west coast, two more in Washington state – and the governor of New York declared a state of emergency.Across the country, there were at least 400 confirmed cases of coronavirus, according to data from
  
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• U.S. says it is tracking ship that may have shared crew with coronavirus-hit cruise liner

  07-03-2020 23:17 via news.yahoo.com
  
  The United States is tracking a cruise ship that may have shared crew members with a ship carrying people who tested positive for COVID-19, Vice President Mike Pence said on Saturday."We are tracking at this point a ship that may have shared crew with the Diamond Princess or the Grand Princess and we've taken decisive action to hold until we do a full medical assessment of the crew on that ship," Pence said after a meeting with cruise line industry officials in Florida.The Grand Princess is curr
  
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• Before coronavirus, Seattle was under siege by the deadliest flu in history. Here's what life was like.

  07-03-2020 22:42 via news.yahoo.com
  
  As the coronavirus epidemic threatens Seattle and Washington, there's an odd echo of 1918 when the Spanish flu had the city on lock down.
  
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• Anxiety aboard US cruise ship as NY declares coronavirus emergency

  07-03-2020 22:38 via news.yahoo.com
  
  Passengers trapped aboard a US cruise ship, stranded by a coronavirus outbreak, spoke of their growing anxiety on Saturday as New York state announced a state of emergency over a spike in new cases.One of the holidaymakers onboard the Grand Princess told AFP the captain announced early Saturday there was "still no word on when or where we will be docking."Carolyn Wright, a professional photographer traveling with a friend, said passengers were earlier told it was unlikely the ship would dock on
  
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• Coronavirus now in majority of U.S. states

  07-03-2020 22:30 via news.yahoo.com
  
  (SOUNDBITE) (ENGLISH) NEW YORK GOV. ANDREW CUOMO:"76 cases in New York, 10 people are hospitalized…"New York declared a state of emergency Saturday, joining other states like Maryland, Washington and California who have taken similar measures to combat the coronavirus. In Florida, officials on Friday announced two deaths from the COVID-19, the first on the East Coast.Just off the coast of San Francisco, twenty-one people aboard a cruise ship that was barred from docking have tested positi
  
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• The US government has completed fewer than 6,000 coronavirus tests as more states report new cases and deaths

  07-03-2020 22:29 via news.yahoo.com
  
  "We don't have enough tests today to meet what we anticipate will be the demand going forward," Vice President Mike Pence said on Thursday.
  
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• U.S. Deaths Climb on Seattle Cases; Milan to Close: Virus Update

  07-03-2020 22:23 via news.yahoo.com
  
  (Bloomberg) -- Italy plans to lock down the region near Milan to battle Europe’s worst coronavirus outbreak as deaths climbed to 233, the most after China. A Seattle nursing home had more fatalities, pushing the U.S. total to 19.New cases rose in New York City and its suburbs. U.S. pro league may consider locker room bans. Federal health officials sought to explain difficulties making a U.S. diagnostic tool to stem the disease.A 55-year-old Iranian lawmaker died, the first fatality among 2
  
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• Experts: Cruise ships no place for a coronavirus quarantine

  07-03-2020 22:18 via news.yahoo.com
  
  Cruise ships hit by coronavirus outbreaks have quickly found themselves with no ports for thousands of passengers as countries on four continents have quarantined vessels or kept them at sea for days.Keeping all the passengers on board instead of letting them disembark on land is a strategy that can backfire, however, according to experts, because the ventilation systems and close quarters of cruise ships make them ideal places for illness to jump from one person to the next.“They’re
  
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• Trump claims he had no idea people die of influenza despite his grandfather dying from the virus

  07-03-2020 22:03 via news.yahoo.com
  
  President Donald Trump made the claim when speaking about the flu that he had no clue people could die from the virus - despite it taking the life of his grandfather.Mr Trump's claim came while he was in Atlanta, Georgia, on Friday to visit the Centres for Disease Control and Prevention headquarters and meet with health officials about the coronavirus.
  
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• Italy to Lock Down Milan Region in Bid to Contain Coronavirus Outbreak

  07-03-2020 21:52 via news.yahoo.com
  
  (Bloomberg) -- The Italian government is set to dramatically restrict movement and activity for a quarter of its population, or about 16 million people, according to a draft decree seen by Bloomberg.The decision to lock down the Milan region and several other northern areas, is the latest step to fight Europe’s worst coronavirus outbreak. They come as cases surged to 5,883 with 233 deaths, and on the day Nicola Zingaretti, the leader of one of the two major government parties, announced he
  
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• Italy to Shutter Milan Area; U.S. Deaths Reach 19: Virus Update

  07-03-2020 21:48 via news.yahoo.com
  
  (Bloomberg) -- Italy plans to lock down the region near Milan to battle Europe’s worst coronavirus outbreak as deaths climbed to 233, the most after China. A Seattle nursing home had more fatalities, pushing the U.S. total to 19. New cases rose in New York City and its suburbs. U.S. pro league may consider locker room bans. Infections increased in Germany, Spain, Iran, Korea and Thailand.A 55-year-old Iranian lawmaker died, the first fatality among 23 infected parliament members.Key Develo
  
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• I plan to continue flying even as coronavirus spreads globally. Here's how I intend to avoid all human contact in airports using technology.

  07-03-2020 21:33 via news.yahoo.com
  
  While I won't be canceling my upcoming trips due to the spread of coronavirus, I still plan to take every precaution to reduce my exposure to germs.
  
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• Coronavirus: Grand Princess cruise passengers grow anxious

  07-03-2020 21:31 via news.yahoo.com
  
  Passengers trapped aboard a US cruise ship stranded by a coronavirus outbreak spoke of their growing anxiety Saturday as the vessel idled off the coast of San Francisco with little news on when they will be allowed to disembark.One of the holidaymakers told AFP the captain of the Grand Princess announced early Saturday that there was "still no word on when or where we will be docking."Carolyn Wright, a professional photographer traveling with a friend, said the captain earlier said it was unlike
  
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• Saudi Arabia asks people arriving from four countries to self-quarantine

  07-03-2020 21:22 via news.yahoo.com
  
  Saudi Arabia has asked people who have traveled to Lebanon, Egypt, Italy or South Korea to self-quarantine for two weeks from the day of their arrival in the Kingdom, Saudi state media quoted the health ministry as saying on Saturday.Saudi Arabia reported two new coronavirus cases on Saturday, a woman who came from Iran via Bahrain and another woman who came to the Gulf kingdom from Iraq via the United Arab Emirates, taking the total number of cases to seven.
  
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• Italy to Shutter Milan Region; Leagues Mull Action: Virus Update

  07-03-2020 21:17 via news.yahoo.com
  
  (Bloomberg) -- Italy is to lock down the region near Milan to combat Europe’s worst coronavirus outbreak as the nation’s death toll climbed to 233, the most after China. New cases rose in New York City and its suburbs.U.S. pro league may consider locker room bans. Malta has it first case and infections increased in Germany, Spain, Iran, Korea and Thailand.A 55-year-old Iranian lawmaker died, the first fatality among 23 infected parliament members.Key Developments:Cases surpass 105,00
  
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• Venezuela on agenda for Trump's meeting with Brazil's leader

  07-03-2020 21:08 via news.yahoo.com
  
  President Donald Trump would not commit Saturday to continue holding off on hitting Brazil with tariffs on imports of its aluminum and steel, saying “I don't make any promises.”Trump commented in the presence of Brazilian President Jair Bolsonaro, who Trump was hosting for dinner at his resort home in southern Florida.In a tweet in December, Trump accused Bolsonaro's government of hurting American farmers by manipulating its currency.
  
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• Afghan political rivals issue parallel invites for inauguration ceremonies

  07-03-2020 20:59 via news.yahoo.com
  
  Abdullah Abdullah, the bitter rival of Afghanistan's president-elect Ashraf Ghani, has issued invitations to a parallel swearing-in ceremony due next week, his spokesman said on Saturday."We've sent the invitation to all national and international organizations and all necessary preparations have been taken," Fraidoon Khwazoon, Abdullah's spokesman said on Saturday, referring to invitations to an inauguration ceremony due to take place in Kabul on Monday morning at a similar time to Ghani's.A po
  
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• This 'isn't Mad Max,' Australian police say after 3 women get into a brawl while panic-buying toilet paper during coronavirus epidemic

  07-03-2020 20:51 via news.yahoo.com
  
  Video from the scene shows a woman saying, "I just want one packet." But the person with the cartful of toilet paper says, "No, not one packet."
  
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• Italian Deaths Top 200; NYC, Suburbs Report Cases: Virus Update

  07-03-2020 20:47 via news.yahoo.com
  
  (Bloomberg) -- Deaths in Italy climbed to 233, the most after China, and infections surged in New York City and its suburbs as the coronavirus outbreak widened its reach. U.S. pro league are considering locker room bans.A person in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis, has the illness. Malta has it first case while Germany, Spain, Iran, Korea and Thailand had new infections.A 55-year-old Iranian lawmaker died, the first fatality among 23 infected parliamen
  
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• US pastor on being quarantined in Bethlehem hotel

  07-03-2020 20:41 via news.yahoo.com
  
  A US pastor has spoken about conditions at a Bethlehem hotel, where he and other members of a church group are being held in quarantine after seven hotel workers were diagnosed with the new coronavirus. (March 7)
  
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• Family of 3 Among Those Killed by Deadly Tennessee Tornadoes

  07-03-2020 20:38 via news.yahoo.com
  
  Sawyer was the youngest victim of the storm
  
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• No more refills: U.S. airlines step up measures to guard against coronavirus

  07-03-2020 20:22 via news.yahoo.com
  
  U.S. airlines are stepping up measures to guard against the spread of coronavirus through person-to-person contamination on airplanes, from eliminating wine and water refills to keeping passengers from touching serving trays and food baskets.Rather than bringing wine or water bottles into the aisles for refills, flight attendants on United Airlines will now provide a new cup or glass.In a letter to customers on Saturday, United Airlines Holdings Inc Chief Executive Oscar Munoz said it is "import
  
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• Italian Deaths Top 200; Cases Up in NYC: Virus Update

  07-03-2020 20:22 via news.yahoo.com
  
  (Bloomberg) -- Italian coronavirus deaths climbed to 233, the most after China, and infections surged in New York City and its suburbs as the outbreak widened its global reach. France neared 1,000 cases.One person was diagnosed in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis. Germany, Spain, Belgium, Iran, Korea and Thailand also confirmed new infections.A 55-year-old Iranian lawmaker died from the illness, the first fatality among 23 infected members of parliamen
  
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• Venezuelan government detains more than 30 PDVSA workers

  07-03-2020 20:14 via news.yahoo.com
  
  At least 38 workers from Venezuela's state oil company Petroleos de Venezuela’s, including the president of maritime subsidiary PDV Marina, were detained on accusations of trafficking fuel, Venezuelan Interior Minister Nestor Reverol said on Saturday, describing the accusations as "treason."The move comes just days after other state officials were detained and amid a shakeup at PDVSA after President Nicolas Maduro last month named a committee to restructure the OPEC nation’s oil indu
  
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• 21 People Onboard Grand Princess Cruise Ship Test Positive for Coronavirus

  07-03-2020 20:07 via news.yahoo.com
  
  Twenty-one people aboard a mammoth cruise ship off the California coast tested positive for the new coronavirus, including 19 crew members, Vice President Mike Pence announced Friday
  
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• Italian Deaths Top 200; Cases Rise in NYC, Suburbs: Virus Update

  07-03-2020 20:02 via news.yahoo.com
  
  (Bloomberg) -- Italian coronavirus deaths climbed to 233, the most after China, and infections surged in New York City and its suburbs as the outbreak widened its global reach. France neared 1,000 cases.One person was diagnosed in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis. Germany, Spain, Belgium, Iran, Korea and Thailand also confirmed new infections.A 55-year-old Iranian lawmaker died from the illness, the first fatality among 23 infected members of parliamen
  
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• Israeli PM vows to press forth even after election shortfall

  07-03-2020 19:56 via news.yahoo.com
  
  A defiant Israeli Prime Minister Benjamin Netanyahu said Saturday he was “not going anywhere” even after he again fell short of a parliamentary majority with his hard-line allies in his country's third election in less than a year.Convening what he called an “emergency conference,” Netanyahu accused his opponents of trying to “steal the elections” by aligning with Arab-led parties he said were hostile to the state.The embattled Netanyahu had been looking for a
  
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• First lady pushes back against critics

  07-03-2020 19:28 via news.yahoo.com
  
  Melania Trump pushed back Saturday after photos she tweeted of herself overseeing a White House construction project generated an online backlash.
  
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• US 'doomsday' mother facing trial over missing children

  07-03-2020 19:18 via news.yahoo.com
  
  A doomsday-obsessed US mother of two missing children has won a court battle to have her bail lowered during her first court appearance in a case that has made national headlines.Lori Vallow, 46, was flown back from Hawaii to Rexburg, Idaho, where she faces two felony counts of desertion and non-support of dependent children, local media reported.Vallow, who left the courtroom smiling, according to US media, was ordered wear an ankle monitor and stay within a four-county area in Idaho.
  
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• Mexican woman who survived acid attack calls on others to speak out without fear

  07-03-2020 19:18 via news.yahoo.com
  
  Six months after an acid attack in Mexico, Maria Elena Rios is now speaking out in hopes officials will find and punish her aggressor.Rios, who believes her ex-boyfriend ordered two men to splash her body with acid last September, is one of many women to have suffered abuse by their romantic partners in Mexico, where femicides have risen 137% in the last five years.As women throughout Mexico prepare to demonstrate against violence on Sunday, International Women's Day, Rios said she would support
  
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• Italian Deaths, Infections Surge; N.Y. Cases Climb: Virus Update

  07-03-2020 19:16 via news.yahoo.com
  
  (Bloomberg) -- Italian deaths from the new coronavirus climbed to 233, the most after China, and total infections surged in New York City and its suburbs as the outbreak widened its global reach.One person was diagnosed in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis. Germany, Spain, Belgium, Iran, Korea and Thailand also confirmed new infections.A 55-year-old Iranian lawmaker died from the illness, the first fatality among 23 infected members of parliament. In th
  
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• Can Democrats turn Texas blue?

  07-03-2020 19:06 via news.yahoo.com
  
  Republicans have carried Texas in every presidential contest since 1980, often by substantial margins. Both houses of the state legislature have been red for nearly 20 years. Despite all that, Democrats have eyed Texas as a possible game changer for a long time. As the second most populous state, Texas carries an Electoral College payload that could fundamentally shift the balance of presidential power.
  
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• N.Y. Cases Surge; Italian, French Lawmakers Ill: Virus Update

  07-03-2020 18:40 via news.yahoo.com
  
  (Bloomberg) -- New York reported a surge in new coronavirus cases and lawmakers in France and Italy fell ill as the outbreak continued its global advance.One person was diagnosed in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis. Germany, Spain, Belgium, Iran, Korea and Thailand also confirmed new infections.A 55-year-old Iranian lawmaker died from the illness, the first fatality among 23 infected members of parliament. In the U.S., Florida reported its first two de
  
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• Sovereign wealth fund appetite for investing in start-ups wanes

  07-03-2020 18:33
  
  Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork's planned share sale failed, data...
  
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• Coronavirus: New York governor declares state of emergency as 400 now infected nationwide

  07-03-2020 18:30 via news.yahoo.com
  
  Governor Andrew Cuomo has declared a state of emergency in New York following the coronavirus outbreak as the total number of infected nationwide hit 400 and two deaths in Florida became the first fatalities on the East Coast.Mr Cuomo made the announcement on Saturday when speaking at a press conference in Albany, New York. Twenty one new cases of the coronavirus were confirmed by the governor, bringing the total number in New York state to 76.
  
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• Man who threw water on U.S. Rep Steve King sentenced to 2 years probation

  07-03-2020 18:27 via news.yahoo.com
  
  A Colorado man who pleaded guilty to throwing water on U.S. Rep. Steve King has been sentenced to two years probation.
  
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• A 5-story hotel used for coronavirus quarantine collapsed in China. People are demanding an investigation.

  07-03-2020 18:16 via news.yahoo.com
  
  While new cases appear to be slowing in China, the country is still reeling from fallout and criticism over its response to the outbreak of the novel coronavirus, COVID-19.That was on full display Saturday when a five-story hotel in Quanzhou, China, used to quarantine people potentially exposed to COVID-19 after traveling to the epicenter, Hubei province, collapsed Saturday, reportedly trapping around 70 people. It is not clear if anyone has died, but Reuters reports 34 people have been rescued
  
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• Inside the Pyramid of Djoser — the world's oldest still-standing stone building — that reopened after 14 years of restoration

  07-03-2020 18:03 via news.yahoo.com
  
  After 14 years, the oldest pyramid in the world, known as the Pyramid of Djoser, has reopened. Here's what it's like inside.
  
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• Joe Biden refers to 'Bernie Bros' as 'Bernie brothers,' drawing Twitter's attention

  07-03-2020 17:59 via news.yahoo.com
  
  "What we can’t let happen is let this primary become a negative bloodbath," he told attendees of a fundraiser. BernieBrothers started trending after.
  
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• Democrats are more 'optimistic' about taking back the Senate after Biden surge

  07-03-2020 17:34 via news.yahoo.com
  
  While they realize they still have a long way to go, some Democratic lawmakers are feeling more confident about their chances of flipping the Senate in 2020. And they're mostly thanking former Vice President Joe Biden, Politico reports.Biden has re-established himself as the frontrunner for the Democratic presidential nomination after he secured a coalition of sorts with the backing of some of his more mderate contenders. Sen. Bernie Sanders (I-Vt.), although very much still alive in the race, h
  
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• The World Changed Its Approach to Health After the 1918 Flu. Will It After The COVID-19 Outbreak?

  07-03-2020 17:30 via news.yahoo.com
  
  After the 1918 flu pandemic, many countries changed their approach to public health and disease. Will we do the same after COVID-19?
  
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• Italian, French Politicians Infected as Cases Grow: Virus Update

  07-03-2020 17:14 via news.yahoo.com
  
  (Bloomberg) -- A top political party leader in Italy and a French lawmaker caught the coronavirus as the outbreak continued its global advance.One person was diagnosed in the Vatican, the tiny walled city-state in Rome that is home to Pope Francis. Germany, Spain, Belgium, Iran, Korea and Thailand also confirmed new infections.A 55-year-old Iranian lawmaker died from the illness, the first fatality among 23 infected members of parliament. In the U.S., Florida reported its first two deaths.Key De
  
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• Cyprus police use tear gas at protest against crossing closure

  07-03-2020 17:09 via news.yahoo.com
  
  Cyprus police sprayed tear gas on Saturday as several hundred people protested against the closure of crossings on the divided island's ceasefire line over coronavirus fears.Four officers were injured in the capital Nicosia during scuffles with demonstrators in which police made "limited use" of personal tear gas spray to control the crowd, a police spokesperson said.Police said they made no arrests as an estimated 200 Greek Cypriots and 150 Turkish Cypriots gathered either side of the Ledra Str
  
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