Finance news

• What to Know About Fever and COVID-19

  02-04-2020 23:51 via news.yahoo.com
  
  When it comes to COVID-19, the disease caused by the novel coronavirus, it turns out not much is simple. Not even fever.  Yes, it's clear that a fever, along with fatigue and a dry cough, is a ha...
  
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• Navy fires captain who sought help for virus-striken ship

  02-04-2020 23:49 via news.yahoo.com
  
  The captain of a U.S. Navy aircraft carrier facing a growing outbreak of the coronavirus was fired Thursday by Navy leaders who said he created a panic by sending his memo pleading for help to too many people.Navy Secretary Thomas Modly said the ship's commander, Capt. Brett Crozier “demonstrated extremely poor judgement” in the middle of a crisis.The USS Theodore Roosevelt, with a crew of nearly 5,000, is docked in Guam, and the Navy has said as many as 3,000 will be taken off the s
  
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• Navy fires captain who sought help for virus-stricken ship

  02-04-2020 23:49 via news.yahoo.com
  
  The captain of a U.S. Navy aircraft carrier facing a growing outbreak of the coronavirus on his ship was fired Thursday by Navy leaders who said he created a panic by sending his memo pleading for help to too many people.Acting Navy Secretary Thomas Modly said the ship's commander, Capt. Brett Crozier “demonstrated extremely poor judgment” in the middle of a crisis.Modly's decision to remove Crozier as ship commander was immediately condemned by members of the House Armed Services Co
  
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• Cruise ship with COVID-19 outbreak docks in Florida

  02-04-2020 23:43 via news.yahoo.com
  
  The coronavirus outbreak killed at least two people on the Zaandam cruise ship; Phil Keating reports from Port Everglades in Fort Lauderdale.
  
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• Wall St. gains as oil rally offsets jobless surge

  02-04-2020 23:35 via news.yahoo.com
  
  A volatile day on Wall Street as investors kept an eye on a rally in oil prices and an extraordinary surge in U.S. jobless claims.Crude oil had its biggest one-day gain on record after President Trump hinted the Saudis and the Russians were close to a deal to cut oil production. A fight between the two major oil producers has caused a crash in oil prices.Energy stocks led the broader market with Chevron and Exxon Mobil the biggest blue chip gainers.Looking at the closing numbers:The Dow and the
  
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• Exclusive: How elite U.S. college students brought COVID-19 home from campus

  02-04-2020 23:35 via news.yahoo.com
  
  The message was lost on many students. Before leaving campus and returning to their homes and families throughout the United States and abroad, more than 100 Vanderbilt students attended parties, ignoring the school's explicit instructions not to do so. One photo of a March 11 party, posted on Instagram and seen by Reuters, shows a student in a makeshift hazmat suit, a black mask and green bowler hat with shamrocks, as a large group of students party in the background.
  
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• CDC reportedly set to recommend everyone wear face masks outside

  02-04-2020 23:35 via news.yahoo.com
  
  New York City Mayor Bill de Blasio issued a recommendation Thursday to wear face coverings when going outside, and the Centers for Disease Control and Prevention is reportedly set to do the same.The public should use homemade cloth face coverings when outside and reserve medical-grade masks for health care workers, a draft CDC document obtained by Stat News reveals. A CDC official later told The New York Times the same guidance would soon be issued.Los Angeles Mayor Eric Garcetti already told hi
  
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• Biden says will talk soon with Trump on coronavirus response

  02-04-2020 23:35 via news.yahoo.com
  
  Democratic White House hopeful Joe Biden said Thursday he was finalizing plans to speak by telephone with President Donald Trump about the coronavirus crisis and how to stem the deadly pandemic.The administration suggested Wednesday that Biden, the former vice president and likely challenger to Trump in November's election, call the president to offer his assistance."I'm happy to hear he'll take my call," Biden told an online press conference.
  
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• Brazil turns to China for help in coronavirus fight, eyes U.S. cooperation

  02-04-2020 23:30 via news.yahoo.com
  
  Brazil faces a tense period in the coming weeks in its battle against the coronavirus, with supplies of medical and protective equipment running low and fresh shipments from China not expected to arrive in the country for another month.Health Minister Luiz Henrique Mandetta said states are well stocked for now, but Brazil had to turn to several countries before it could find a taker for its 1.2 billion reais ($228 million) order to restock.Mandetta also said on Thursday that he met the new U.S.
  
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• Navy removes aircraft carrier captain who sounded alarm over COVID-19 outbreak on board his ship

  02-04-2020 23:27 via news.yahoo.com
  
  The United States Navy has removed the captain of an aircraft carrier who sounded the alarm over a COVID-19 outbreak aboard his ship, NBC News and Axios report. Capt. Brett Crozier, who commands the USS Theodore Roosevelt, had sent a stern four-page letter to his superiors on Monday begging for help containing the outbreak, in which some 150 to 200 sailors had reportedly tested positive out of his nearly 5,000-person crew.Crozier's letter leaked to the San Francisco Chronicle, and expressed fear
  
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• Trump is risking conflict with Iran and hammering it with sanctions as the country is devastated by coronavirus

  02-04-2020 23:22 via news.yahoo.com
  
  Not even a pandemic can stop the ongoing hostilities between the US and Iran, and the risk of conflict is still very real.
  
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• Is the coronavirus an act of God? Faith leaders debate tough questions amid pandemic

  02-04-2020 23:21 via news.yahoo.com
  
  Faith leaders are fielding questions about whether coronavirus is an act of God and if it's some sort of punishment for sin.
  
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• World Bank OKs first $1.9B for poor countries battling virus

  02-04-2020 23:19 via news.yahoo.com
  
  The World Bank on Thursday approved its first funds to help some of the globe's poorer countries combat the coronavirus outbreak.World Bank President David Malpass predicted the bank could provide up to $160 billion in assistance over the next 15 months.World Bank officials said the emergency resources would include money to purchase critical medical supplies such as masks and ventilators, with the World Bank lending its procurement expertise to help obtain these supplies on global markets.
  
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• Coronavirus: Things the US has got wrong - and got right

  02-04-2020 23:09 via news.yahoo.com
  
  Medical supply shortages, slow to test and mixed messaging are among the shortcomings in the US response.
  
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• Biden wants to talk to Trump about lessons from past crises

  02-04-2020 23:07 via news.yahoo.com
  
  Joe Biden said Thursday that he wants to speak with President Donald Trump in the hope that the president can “learn some lessons” from the Obama administration on how to deal with the coronavirus outbreak.Biden’s aides have said they’re working to arrange a phone call with Trump to discuss his coronavirus response.The president said Wednesday he would “love” to speak with Biden.
  
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• University of Wisconsin Doctor and Husband Found Dead in a Ditch

  02-04-2020 23:03 via news.yahoo.com
  
  The bodies of a University of Wisconsin doctor and her husband were found in a ditch at a Madison research and recreation area this week. Police are investigating their deaths as a double homicide and “targeted act of violence.”Dr. Beth Potter, 52, and Robin Carre, 57, were discovered Tuesday at the UW Arboretum, a 1,200-acre ecological research site with wetlands, forests, and prairies. A jogger spotted the couple in a ditch around 6:30 a.m., police say.Carre was pronounced dead at
  
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• Mayor taps ex-Dallas chief to head Chicago police force

  02-04-2020 23:00 via news.yahoo.com
  
  Chicago Mayor Lori Lightfoot on Thursday named former Dallas police Chief David Brown to head the police force in the nation's third largest city, touting his humility and calling him “a leader who commands respect.”Lightfoot introduced Brown as the next superintendent of the Chicago Police Department during a news conference, saying he's the right man for the job.
  
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• Some U.S. direct payments will take months to reach Americans: congressional panel

  02-04-2020 22:49
  
  Americans should start receiving direct payments from the U.S. government in mid-April to help them cope with the coronavirus pandemic, but some may not see the money until mid-September, according...
  
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• Tekashi 6ix9ine has been released from prison to serve the rest of his sentence at home because of the coronavirus

  02-04-2020 22:47 via news.yahoo.com
  
  Tekashi 6ix9ine, whose real name is Daniel Hernandez, is 'at very high risk of death' from COVID-19 because of his asthma, his lawyer said.
  
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• Sweden had resisted mandatory social distancing measures. That changed on Wednesday.

  02-04-2020 22:45 via news.yahoo.com
  
  Sweden has had some of the least strict social distancing guidelines in Europe. The country released new rules Wednesday, but they're still loose.
  
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• Joe Biden and Donald Trump Plan Perfect Phone Call

  02-04-2020 22:43 via news.yahoo.com
  
  Just when it seemed things couldn’t get more surreal in the 2020 campaign, it appeared on Thursday that President Donald Trump and former Vice President Joe Biden were headed for a phone call to discuss the response to the coronavirus crisis. Addressing a reporter’s question if Trump would be open to such a conversation, the president said during Wednesday’s press briefing that he would “absolutely” take Biden’s call if he were to ring him.“I'd love
  
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• FL Gov. Overrides County Officials to Allow Church During Coronavirus Lockdown

  02-04-2020 22:41 via news.yahoo.com
  
  Florida Gov. Ron DeSantis has overruled local counties’ power to ban large religious gatherings amid the coronavirus pandemic, carving out an extraordinary loophole that officials say will violate social distancing guidelines and ensure further spread of the virus. By allowing religious services to continue, DeSantis is seemingly siding with religious leaders who’ve stood against the federally mandated guidelines—including controversial Tampa pastor Rodney Howard-Browne, w
  
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• U.S. Navy relieves aircraft carrier commander who wrote letter urging coronavirus action

  02-04-2020 22:34 via news.yahoo.com
  
  The U.S. Navy relieved the aircraft carrier Theodore Roosevelt's captain of his command on Thursday, punishing him for the leak of a scathing letter he sent to superiors that sought stronger measures for curbing a coronavirus outbreak aboard the ship.The removal of Captain Brett Crozier, first reported by Reuters, was announced by acting U.S. Navy Secretary Thomas Modly, who said the senior officer of the nuclear-powered vessel of 5,000 crew members had exercised poor judgment in the way he "bro
  
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• Johnson & Johnson gains traction on finding possible coronavirus vaccine

  02-04-2020 22:28 via news.yahoo.com
  
  Johnson & Johnson chief scientific officer Dr. Paul Stoffels shares an update on vaccine development and when to expect clinical trials.
  
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• Elon Musk says the hospitals he sent medical machines to all confirmed they were 'critical' and traditional ventilators are arriving shortly

  02-04-2020 22:28 via news.yahoo.com
  
  BiPAP machines were recently allowed by the FDA as a substitute for ventilators, but some medical experts warn they could spread the coronavirus.
  
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• Government housing agency unveils new mortgage relief policies for struggling borrowers

  02-04-2020 22:26 via politico.com
  
  FHA also instructed mortgage companies to delay due dates for reverse mortgage claims by six months.
  
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• States demand ventilators as feds ration limited supply

  02-04-2020 22:23 via news.yahoo.com
  
  Two weeks ago, the Pentagon promised to make as many as 2,000 military ventilators available as the federal government strains to contend with the coronavirus pandemic.At the Federal Emergency Management Agency, tasked with coordinating the federal response to the outbreak, about 9,000 additional ventilators are also on hold as officials seek to determine where they are needed most urgently.The combination of scarce supply and high need has sent many states onto the open market, where they are b
  
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• Many states already short on paying unemployment

  02-04-2020 22:16 via news.yahoo.com
  
  "We're talking about 10 million people filing for unemployment insurance in two weeks. Nobody is prepared for that," said one finance expert.
  
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• Trump says it 'doesn't seem fair' that 30 million Americans are uninsured and suggests he may expand Medicare or Medicaid

  02-04-2020 22:12 via news.yahoo.com
  
  "It's something we're really going to look at, because it doesn't seem fair," Trump said of the fact that nearly 30 million Americans are uninsured.
  
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• Trump Expected to Encourage Americans to Wear Masks to Combat Coronavirus

  02-04-2020 22:12 via news.yahoo.com
  
  After poring over various academic and scientific studies over the last two weeks, President Donald Trump’s coronavirus task force is expected to announce new guidelines that Americans wear masks or other protective facial cloth to prevent the spread of the virus, according to three individuals familiar with those conversations, including two senior administration officials. The decision to announce, first reported by Stat News, had been delayed, in part, by fears inside the White Hou
  
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• Oil rockets as Trump signals end to price war

  02-04-2020 22:10 via news.yahoo.com
  
  Oil prices rocketed Thursday, posting the largeset percent increase ever, after US President Donald Trump said Russia and Saudi Arabia planned to end their price war by slashing output.After Trump tweeted that Saudi and Russia could slash production by up to 15 million barrels, Brent hit $36.29 a barrel, up almost 46 percent, and West Texas Intermediate soared around 35 percent to $27.39.
  
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• Trump admin moves toward promoting broader use of face masks

  02-04-2020 22:09 via news.yahoo.com
  
  The Trump administration is formalizing new guidance to recommend that many Americans wear face coverings in an effort to slow the spread of the new coronavirus, as the president is aggressively defending his response to the public health crisis.A person familiar with the White House coronavirus task force's discussion said officials would suggest that non-medical masks, T-shirts or bandannas be used to cover the nose and mouth when outside the home — for instance, at the grocery store or
  
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• Gender divide: Peru, Panama limit men and women to alternate days out to stall virus

  02-04-2020 22:07 via news.yahoo.com
  
  Peru and Panama both started on Thursday limiting the times men and women can leave their homes in an attempt to slow the spread of the coronavirus pandemic.Amid a strict quarantine in Peru, President Martin Vizcarra said on Thursday that men and women will only be allowed to leave their homes on designated days divided by gender."We have to get fewer people to be on the streets every day," Vizcarra said in a virtual news conference with his cabinet of ministers and experts.
  
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• Karl Rove: Biden’s election strategy is weak

  02-04-2020 22:06 via news.yahoo.com
  
  President Trump says he would take a call from former Vice President Joe Biden about a coronavirus strategy; reaction and analysis from Fox News contributor Karl Rove.
  
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• Colombia quarantine brings evictions for Bogota's poorest

  02-04-2020 22:01 via news.yahoo.com
  
  Jose Ramirez - whose total belongings fit into a scratched black suitcase and a backpack - is resigned to spending the night in a scruffy park in the depressed center of Colombia's capital, Bogota.Mayor's office officials said it was unclear where he could be housed.
  
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• In Ecuador, families wait with their dead as bodies pile up

  02-04-2020 21:59 via news.yahoo.com
  
  Daniel Larrea died Monday after a week of high fever, struggling to breathe and steadily turning blue.Then a new nightmare began for his family.No one in their city on Ecuador's Pacific coast would pick up his body.
  
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• Chinese government rejects allegations that its face masks were defective, tells countries to 'double check' instructions

  02-04-2020 21:58 via news.yahoo.com
  
  The Chinese government told other countries to "double-check" the instructions for using the defective face masks.
  
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• Confirmed coronavirus cases reach one million worldwide

  02-04-2020 21:53 via news.yahoo.com
  
  The first reported cases came from China in December, eventually spreading to nearly every other country on earth over the ensuing three months.
  
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• What you need to do to get your government stimulus check

  02-04-2020 21:48 via news.yahoo.com
  
  The IRS and the Treasury Department say Americans will start receiving their economic impact checks within the next few weeks.The government urged them to file taxes and then later reversed course for certain groups.The IRS and Treasury have updated their guidance on how to ensure you get paid.
  
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• Florida Gov. Ron DeSantis finally signs stay-at-home order, promptly undermines it

  02-04-2020 21:48 via news.yahoo.com
  
  Shortly after finally signing a statewide stay-at-home order on Wednesday, Florida Gov. Ron DeSantis (R) quietly signed a second order that undermines the efforts of local governments to keep their citizens safe, the Tampa Bay Times reports.DeSantis has faced criticism for his handling of the coronavirus outbreak, from allowing spring breakers to continue to party on the state's beaches to permitting people to still gather in large groups for worship. On Wednesday, he became one of the last gove
  
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• U.S. Army rolls into Seattle with field hospital built for combat

  02-04-2020 21:46 via news.yahoo.com
  
  "I know my wife would be less worried," Acosta, 27, says with a smile.A practical nurse specialist with a four-month-old baby at home, Acosta is part of the team of hundreds of U.S. soldiers setting up a field hospital in Seattle that will treat non-coronavirus patients, relieving pressure on civilian hospitals.Instead of being pitched in a war zone, this field hospital is rising inside a cavernous events center adjacent to CenturyLink Field, the staduim where Seattle's football team normally pl
  
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• Gov. Gretchen Whitmer wears 'That Woman from Michigan' T-shirt on 'The Daily Show with Trevor Noah'

  02-04-2020 21:43 via news.yahoo.com
  
  During appearance on Comedy Central's "The Daily Show," Gov. Gretchen Whitmer wore a "That Woman from Michigan" T-shirt.
  
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• Coronavirus poses special risk to millions of Americans with diabetes

  02-04-2020 21:39 via news.yahoo.com
  
  As the worsening coronavirus pandemic continues to spread across the country, millions of Americans living with diabetes face heightened risks from COVID-19.
  
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• Naval Patrol Boat Takes on Cruise Ship. Loses Real Bad.

  02-04-2020 21:38 via popularmechanics.com
  
  Turns out you shouldn't ram a cruise ship built to withstand sea ice.
  
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• ‘Inexcusable’: Dr. Sanjay Gupta Goes Off on Georgia Governor’s ‘Stunning’ Coronavirus Admission

  02-04-2020 21:29 via news.yahoo.com
  
  Dr. Sanjay Gupta was visibly furious on Thursday afternoon as he watched footage of Georgia’s Republican Gov. Brian Kemp defend his delayed response to the coronavirus pandemic by claiming that he had just found out it can be transmitted asymptomatically. “Those individuals could have been infecting people before they ever felt bad, but we didn’t know that until the last 24 hours,” Kemp said on Wednesday when he finally announced a state-wide shelter-in-place order.
  
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• Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts

  02-04-2020 21:28
  
  Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields.
  
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• U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

  02-04-2020 21:26
  
  The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of interest, citing disruptions caused by...
  
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• Republican Senator Calls on ‘Communist’ WHO Director to Resign

  02-04-2020 21:23 via news.yahoo.com
  
  Senator Martha McSally on Thursday called on the director of the World Health Organization to step down, saying the organization covered up the extent of the spread of the coronavirus, which originated in China.The Arizona Republican called WHO director Tedros Adhanom Ghebreyesus a "communist" and accused him of helping China conceal its underreporting of coronavirus case numbers."I’ve never trusted a communist," McSally said in an interview with Fox Business."I think Dr. Te
  
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• Top EU court rules eastern states broke law when they refused to host refugees

  02-04-2020 21:21 via news.yahoo.com
  
  The European Union's top court ruled on Thursday that Poland, Hungary and the Czech Republic had broken the law by refusing to host refugees to help ease the burden on southern states such as Greece and Italy after a surge in migrant arrivals from 2015.
  
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• New research sheds light on how the coronavirus travels through the air — you probably won't walk through virus 'clouds,' but healthcare workers are at risk

  02-04-2020 21:21 via news.yahoo.com
  
  The World Health Organization says the coronavirus is not airborne. But some research suggests otherwise.
  
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