Finance news

• Florida governor announces plans to reopen state

  29-04-2020 23:55 via news.yahoo.com
  
  DeSantis' announcement came as 350 new COVID-19 cases were confirmed in Florida, along with 47 new deaths.
  
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• Michigan governor introduces a GI Bill for frontline workers

  29-04-2020 23:47 via news.yahoo.com
  
  Michigan wants to thank its frontline workers by helping them prepare for their future careers.Michigan Gov. Gretchen Whitmer (D) on Wednesday unveiled what she's calling "Futures for Frontliners." It'll provide a tuition-free college education or technical certification to essential workers who stayed on during the COVID-19 pandemic, much like what the GI Bill does for military members, veterans, and their dependents.Workers "staffing our hospitals and nursing homes, stocking the shelves at gro
  
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• Pelosi Rejects McConnell’s Proposed Coronavirus-Liability Protections for Businesses

  29-04-2020 23:43 via news.yahoo.com
  
  House speaker Nancy Pelosi on Wednesday rejected a Republican proposal to provide businesses with protection from lawsuits should they choose to reopen during the coronavirus pandemic.“Especially now, we have every reason to protect our workers and our patients in all of this. So we would not be inclined to be supporting any immunity from liability,” Pelosi told reporters at a press briefing.Senate majority leader Mitch McConnell indicated this week that he would “insist”
  
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• US says remdesivir shows 'clear-cut' effect in treating coronavirus

  29-04-2020 23:42 via news.yahoo.com
  
  COVID-19 patients on the antiviral remdesivir recovered about 30 percent faster than those on a placebo, the results of a major clinical trial showed Wednesday, as a top US scientist hailed the drug's "clear-cut" benefit.A statement by the US National Institute of Allergy and Infectious Diseases (NIAID) that oversaw the trial said that patients on the drug, made by Gilead Sciences, had a 31 percent faster time to recovery than those on a placebo."Specifically, the median time to recovery was 11
  
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• President Trump blasts House Democrats for not returning to Congress amid COVID-19 crisis

  29-04-2020 23:39 via news.yahoo.com
  
  House Democrats say a congressional physician warned it could be dangerous to return to work; reaction on 'The Five.'
  
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• Democrats who attacked Brett Kavanaugh now defend Joe Biden

  29-04-2020 23:30 via news.yahoo.com
  
  High-profile Democrats back former vice president amid sexual assault allegation; reaction and analysis on 'The Five.'
  
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• Prominent Bernie Sanders supporters are calling on Joe Biden to drop out of the 2020 race over Tara Reade's sexual assault allegation

  29-04-2020 23:28 via news.yahoo.com
  
  "Out of respect for survivors and for the good of the country, he should withdraw from the race," Sanders' 2020 national organizing director tweeted.
  
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• Robber attacks 77-year-old woman with metal pipe to steal her pizza

  29-04-2020 23:21 via news.yahoo.com
  
  A man hit a 77-year-old woman on the head with a metal pipe, before stealing one of her pizzas.In a video, released by the Tucson police Department, a woman carrying two pizzas attempted to leave Peter Piper Pizza, in Arizona.
  
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• Florida's health department reportedly told medical examiners to remove causes of death from mortality data

  29-04-2020 23:16 via news.yahoo.com
  
  Florida's health department is reportedly withholding the list of coronavirus deaths compiled by the state's medical examiners, which at times has shown a higher death toll than the official record, The Tampa Bay Times reports.The state Medical Examiners Commission had been releasing the data in real time, including demographic information, probable cause of death, case summaries, and medical and travel history (names are not included), but the commission's chair, Dr. Stephen Nelson, said the he
  
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• Dr. Fauci says remdesivir has 'positive' effect on coronavirus patients

  29-04-2020 23:16 via news.yahoo.com
  
  Reaction and analysis from Dr. Qanta Ahmed.
  
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• Amazon is reportedly tightening access to internal mass email lists amid a surge of worker organizing

  29-04-2020 23:13 via news.yahoo.com
  
  Amazon said a routine audit prompted the tighter enforcement, but workers say the company is trying to prevent them from organizing, Recode reported.
  
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• The fossil of a bizarre mammal, called 'crazy beast,' has been discovered in Madagascar

  29-04-2020 23:12 via news.yahoo.com
  
  The first near-complete skeleton of a bizarre mammal that lived on the ancient supercontinent of Gondwana has been discovered in Madagascar.
  
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• Biden weighs naming cabinet officials before election, including Republicans

  29-04-2020 23:01 via news.yahoo.com
  
  Speaking at a fundraising event, Biden said he would not rule out bringing people from the rival party on board for top administration jobs, as he considers an unorthodox rollout of his running mate and others selected for key posts months before the Nov. 3 election. In recent weeks Biden has promoted himself as a unity candidate who can appeal both to liberals seeking vast changes in Washington and moderate and conservative voters. Biden told donors at the online event he was thinking about "ma
  
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• Evidence emerges for sex-assault allegation against Biden

  29-04-2020 22:56 via news.yahoo.com
  
  Former Senate staffer Tara Reade has alleged that presumptive Democrat presidential nominee Joe Biden sexually assaulted her in 1993, a charge the former vice president's campaign denies.
  
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• Should rent be canceled because of the coronavirus?

  29-04-2020 22:49 via news.yahoo.com
  
  The economic impacts of coronavirus have caused millions of Americans to struggle to pay their rent. Would canceling rental fees be an economic savior?
  
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• Who is Justin Amash and does he have a chance in the US presidential election?

  29-04-2020 22:46 via news.yahoo.com
  
  The Republican turned Libertarian announced plans to jump in the race with the hopes he can rally voters disaffected by TrumpMichigan congressman Justin Amash late on Tuesday announced plans to jump into the 2020 presidential race. Amash, a former Republican turned Libertarian, had toyed with the idea for a while. His argument has been that he could rally voters disaffected by Donald Trump but uninterested in voting for a Democrat.Amash, a five-term congressman, is known as a gadfly who has buck
  
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• Supreme Court win for gun control groups could be temporary

  29-04-2020 22:44 via news.yahoo.com
  
  The justices are poised to discuss at least six cases involving the Second Amendment at their private conference Friday.
  
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• Romania: Orthodox Church blasts posters of doctors as saints

  29-04-2020 22:39 via news.yahoo.com
  
  Romania’s Orthodox Church on Wednesday criticized a billboard campaign showing doctors dealing with the coronavirus epidemic as saints with halos shaped like the virus.According to a church spokesman, the “blasphemous” campaign created by international advertising agency McCann Worldgroup in conjunction with local artist Wanda Hutira is "a visual abuse of Christian iconography.”The campaign is “marked by bad taste fed by ignorance and a hideous ideology that only kn
  
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• Turkey claims success treating virus with drug touted by Trump

  29-04-2020 22:35 via news.yahoo.com
  
  The nation says every hospitalized coronavirus patient is given hydroxychloroquine.
  
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• Amazon city resorts to mass graves as Brazil COVID-19 deaths soar

  29-04-2020 22:31 via news.yahoo.com
  
  Deaths from the coronavirus outbreak have piled up so fast in the Amazon rainforest's biggest city that the main cemetery is burying five coffins at a time in collective graves."It's chaos here," said Maria Garcia, who waited for three hours in a line of hearses to obtain a death certificate to be able to bury her 80-year-old grandfather, who died at dawn in his home of respiratory collapse.Manaus, the capital of Amazonas state, was the first in Brazil to run out of intensive care units, but off
  
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• Malawi's cash handouts and the row about a coronavirus lockdown

  29-04-2020 22:30 via news.yahoo.com
  
  Malawi announces cash handouts for the poorest, after the courts blocked the proposed lockdown.
  
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• Struggling through 4 years of infertility prepared me for the uncertainty and isolation of the coronavirus pandemic

  29-04-2020 22:21 via news.yahoo.com
  
  Author Amy Klein had 4 miscarriages and saw 10 doctors before she had her daughter. She says that prepared her for the challenges of the pandemic.
  
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• Cyprus unveils road map to easing coronavirus restrictions

  29-04-2020 22:17 via news.yahoo.com
  
  Cyprus’ president unveiled a road-map Wednesday for gradually lifting a strict, stay-at-home order over the next month that has until now helped to contain the spread of the coronavirus.Infection rate data coupled with recommendations from a scientific advisory committee will determine if the road map will remain on track, Anastasiades said.
  
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• Switzerland's infectious disease chief says children under age 10 can hug their grandparents. Not all experts agree.

  29-04-2020 22:16 via news.yahoo.com
  
  Switzerland is lifting social distancing rules to allow children to hug their grandparents. Some researchers say this decision is reckless.
  
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• Hurricane season forecast raises worry amid pandemic

  29-04-2020 22:15 via news.yahoo.com
  
  "The ability to respond will be severely hindered," one expert warned.
  
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• Pelosi names seven Democratic lawmakers to committee tasked with overseeing coronavirus stimulus money

  29-04-2020 22:14 via news.yahoo.com
  
  The panel will oversee the trillions of dollars disbursed by the federal government to address the impacts of the coronavirus pandemic.
  
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• Senate Democrat says Republican leader's plan to resume work puts lives in danger

  29-04-2020 22:11 via news.yahoo.com
  
  A U.S. Senate Democrat on Wednesday accused Republican Majority Leader Mitch McConnell of endangering the lives of Senate staff if he brings them back to work next week without effective safeguards against coronavirus infection in place.Senator Chris Van Hollen, whose state of Maryland contains several suburbs of Washington where federal workers live, said he had written to McConnell to demand details of how staff will be protected when the Senate returns to session on Monday."I am ready to see
  
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• Slovenia to ease coronavirus restrictions, gradually reopen schools

  29-04-2020 22:07 via news.yahoo.com
  
  Slovenia will from Thursday lift a restriction imposed at the end of March that prohibited citizens from travelling outside their local municipalities, Prime Minister Janez Jansa said on Wednesday.Education Minister Simona Kustec told national TV Slovenia later on Wednesday that schools and kindergartens, which have been closed since the middle of March, would gradually start reopening from May 18.Slovenia, which has 2 million residents and borders Italy, Austria, Hungary and Croatia, has so far
  
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• Canada PM worries about food supplies after meat plant outbreaks

  29-04-2020 22:07 via news.yahoo.com
  
  Prime Minister Justin Trudeau said Wednesday he was following with "interest and concern" the challenges facing Canada's meat industry after coronavirus outbreaks at two major packing plants.More than 1,300 COVID-19 cases, including one death, have been linked to Alberta's Cargill and JBS processing plants, which supply 70 percent of the nation's meat.The resulting closure of the Cargill plant, which supplies McDonald's in Canada, forced the fast-food giant for the first time to source its beef
  
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• Pompeo criticizes S.Africa, Qatar for taking Cuban doctors

  29-04-2020 21:59 via news.yahoo.com
  
  US Secretary of State Mike Pompeo on Wednesday criticized South Africa and Qatar for accepting doctors from Cuba to battle the coronavirus, accusing the communist island of profiting from the pandemic.Cuba's globe-trotting doctors have long been a source of diplomatic soft power and pride for Havana, but Washington says the medical workers only benefit the government and has encouraged them to defect."We've noticed how the regime in Havana has taken advantage of the COVID-19 pandemic to continue
  
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• U.S. death toll passes 60,000 mark Trump said would mark success in coronavirus fight

  29-04-2020 21:54 via news.yahoo.com
  
  Until recently, the president touted that projection as proof his administration’s COVID-19 response was working.
  
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• U.S. coronavirus outbreak soon to be deadlier than any flu since 1967 as deaths top 60,000

  29-04-2020 21:54 via news.yahoo.com
  
  America's worst flu season in recent years was in 2017-2018 when more than 61,000 people died, according to the U.S. Centers for Disease Control and Prevention https://www.cdc.gov/flu/about/burden/past-seasons.html.The United States has the world's highest coronavirus death toll and a daily average of 2,000 people died in April of the highly contagious respiratory illness COVID-19, according to a Reuters tally.The first U.S. death was recorded on Feb. 29 but recent testing in California indicate
  
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• Class action suit aims to free all transgender ICE detainees

  29-04-2020 21:49 via news.yahoo.com
  
  As hundreds of coronavirus cases are reported at U.S. immigration facilities, the suit calls for the release of dozens of trans migrants from what it calls ICE “death traps.”
  
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• Trump backtracks after saying U.S. would "very soon" hit 5 million tests a day

  29-04-2020 21:35 via news.yahoo.com
  
  On Tuesday, the president, asked whether he was confident the U.S. could reach 5 million COVID-19 tests a day, said the U.S. would be there "very soon."
  
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• Meatpacking plant workers are demanding coronavirus protection

  29-04-2020 21:33 via news.yahoo.com
  
  On Tuesday, President Trump announced that he would be using the Defense Production Act to keep meatpacking facilities open, further raising safety concerns for workers and the surrounding communities, which have already become hot spots for the coronavirus.
  
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• Justin Amash takes step toward third-party presidential run

  29-04-2020 21:32 via news.yahoo.com
  
  A five-term congressman, Amash left the Republican Party last year.
  
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• Shipping tycoon defends Venezuela gas delivery amid shortage

  29-04-2020 21:30 via news.yahoo.com
  
  A controversial shipping magnate supplying gasoline to his native Venezuela said he’ll do whatever it takes to prevent worsening fuel shortages from igniting a social explosion that he warns could be worse than anything caused by the COVID-19 pandemic in the South American country.Wilmer Ruperti gave his first interview in years after The Associated Press reported earlier this month that his company, Maroil Trading Inc., was buying gasoline that most companies are refusing to sell to the b
  
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• McConnell calls for liability protections in next coronavirus bill

  29-04-2020 21:28 via news.yahoo.com
  
  Congressional Democrats and Republicans are beginning to spar over what should be included in the next relief package.
  
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• US Troops Who Suffered TBIs in Missile Attack Recommended for Purple Hearts

  29-04-2020 21:26 via news.yahoo.com
  
  An unspecified number of troops injured in the Al Asad missile attack have been recommended for Purple Hearts.
  
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• The Trump administration is reportedly organizing a Manhattan Project-style effort to expedite the development of a coronavirus vaccine

  29-04-2020 21:26 via news.yahoo.com
  
  Experts say the predicted development timeline for an approved COVID-19 vaccine is already remarkably quick at an estimated 12 to 18 months. But the Trump administration is aiming to get one out even faster, much like Oxford University, Bloomberg reports.Two people familiar with the matter told Bloomberg the administration is orchestrating a Manhattan Project-style operation that aims to have 100 million doses of a coronavirus vaccine out by the end of the year. It will take a united effort by p
  
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• First drugs, then oil, now Mexican cartels turn to human trafficking

  29-04-2020 21:25 via news.yahoo.com
  
  “A lot of criminal groups are mutating,” says Santigo Nieto, head of Mexico’s financial intelligence unit. Sex trafficking may the country's third-largest criminal activity.
  
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• ‘I can’t see all these people going back into work’: Meat-packing employees sceptical that many will return to plants, despite executive order

  29-04-2020 21:20 via news.yahoo.com
  
  Meat plant workers are reportedly predicting that employees won’t show up to work after Donald Trump announced an executive order to compel the factories to remain open amidst the coronavirus.On Tuesday the president announced he intends to sign an executive order to force the industry to stay open under the Defence Production Act.
  
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• 'You’re not supposed to keep that payment': Mnuchin wants stimulus money given to dead taxpayers returned

  29-04-2020 21:18 via news.yahoo.com
  
  Treasury Secretary Steven Mnuchin said dead taxpayers were not eligible for the $1,200 payments meant to help people endure the coronavirus lockdown.
  
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• The New York Times clarifies it didn't clear Biden of sexual assault allegation despite what campaign suggests

  29-04-2020 21:15 via news.yahoo.com
  
  Talking points from former Vice President Joe Biden's campaign suggest The New York Times found that Tara Reade's sexual assault allegation against him is false, but the Times would like to clarify it did not reach this conclusion.BuzzFeed News on Tuesday reported that Biden's campaign had sent out talking points regarding Reade's allegation that Biden assaulted her in 1993 when she worked for him as an aide. The talking points assert "a thorough review by the New York Times has led to the truth
  
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• Storms bring hurricane-force winds across 500 miles in south-central US. More severe weather is on the way.

  29-04-2020 21:12 via news.yahoo.com
  
  Many were without power due to an intense line of severe thunderstorms called a derecho that rolled across the south-central U.S. overnight Tuesday.
  
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• In reversal, Chile says coronavirus release certificates will not prove immunity

  29-04-2020 21:10 via news.yahoo.com
  
  Chile will move forward with coronavirus "release certificates," but the documents will not yet certify immunity, the country´s top health official said Wednesday, marking a reversal after weeks of global debate on whether recovered patients develop resistance to the virus.Health Minister Jaime Manalich said officials in the South American nation would begin issuing certificates early next week to any person who has finished a mandatory quarantine after testing positive for coronavirus on
  
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• Trump's coronavirus math problem

  29-04-2020 21:06 via news.yahoo.com
  
  President Trump responded late Tuesday to the news that the United States had topped more 1 million confirmed cases of the coronavirus, roughly one-third of the reported global total to date.
  
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• FDA reportedly plans to authorize emergency use of largely untested drug to treat coronavirus

  29-04-2020 21:05 via news.yahoo.com
  
  The Food and Drug Administration will authorize the emergency use of the antiviral remdesivir on COVID-19 patients as soon as Wednesday, a senior administration official told The New York Times. Pharmaceutical company Gilead Sciences revealed promising study results involving remdesivir on Wednesday, but the FDA's reported move would still sidestep the usual testing required to authorize a drug's usage.Gilead said Wednesday that its own trial, as well one overseen by the National Institute of Al
  
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• Over 60,000 lives claimed by COVID-19 in U.S. — a tally some models predicted for late summer

  29-04-2020 21:00 via news.yahoo.com
  
  New York sees a dip in deaths, and Louisiana governor meets Trump, as each state in the union thinks about how to move forward amid coronavirus.
  
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• Foreign Aid Groups Fighting COVID-19 Can’t Buy PPE With USAID Money

  29-04-2020 20:55 via news.yahoo.com
  
  The foreign aid agency of the United States has informed grant recipients they can’t use federal money to purchase personal protective equipment (PPE), The Daily Beast has confirmed.Former officials and foreign-aid workers said the effect will be to magnify the COVID-19 disaster in afflicted nations with weak public-health infrastructure, which is likely to have a blowback effect. As the pandemic explodes in less developed countries, infections could spread again to more affluent nations t
  
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