Finance news

• Cuomo demands twice weekly care home Covid-19 tests

  10-05-2020 23:32 via news.yahoo.com
  
  Elderly care facilities in the US state that fail to comply will lose licences, says the governor.
  
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• New York City will test children for coronavirus antibodies after 38 developed a mysterious inflammatory illness

  10-05-2020 23:30 via news.yahoo.com
  
  Three young New Yorkers have been killed by the rare multi-system "inflammatory syndrome," Mayor Bill de Blasio said Sunday.
  
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• Rhino killed as poaching attempts increase amid India virus lockdown

  10-05-2020 23:24 via news.yahoo.com
  
  A rare one-horned rhino has been killed as poaching attempts increase in one of India's best-known national parks during the coronavirus lockdown, officials said Sunday.The lack of vehicles on the highway near Kaziranga National Park in Assam state -- home to the world's biggest population of one-horned rhinos -- amid the lockdown has seen animals move towards the boundaries, making them vulnerable to poachers."It is suspected that the rhino was killed at least two to three days ago," the park's
  
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• Maduro buoyed, Guaidó reeling after failed amphibious raid in Venezuela

  10-05-2020 23:10 via news.yahoo.com
  
  Venezuelan President Nicolas Maduro got a public relations bonanza while U.S. favorite Juan Guaido had to explain his links to a botched amphibious raid.
  
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• Colombian airline Avianca files for Chapter 11 bankruptcy in US

  10-05-2020 23:10 via news.yahoo.com
  
  Avianca, the second-largest airline in Latin America, filed for bankruptcy protection in the United States on Sunday to reorganize its debt "due to the unpredictable impact" of the coronavirus pandemic.In a statement issued in Bogota, Avianca said that along with "some of its subsidiaries and affiliates," it had asked to "voluntarily file for Chapter 11 of the Bankruptcy Code" in a New York court.The airline's operations "have been dramatically affected by the COVID-19 pandemic," as well as fede
  
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• India to 'gradually' restart rail operations in lockdown easing

  10-05-2020 23:03 via news.yahoo.com
  
  One of the world's largest train networks will "gradually" restart operations from Tuesday as India eases its coronavirus lockdown, as the number of cases past 60,000 with more than 2,000 deaths."Indian Railways plans to gradually restart passenger train operations from 12th May, 2020... Thereafter, Indian Railways shall start more special services on new routes," the railways ministry added in a statement.The vast train network, which had carried more than 20 million passengers daily, was halte
  
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• NYC hospital staff gifted free vacations

  10-05-2020 23:02 via news.yahoo.com
  
  The hospital's workers, from doctors and nurses to the facilities and food service teams, will receive round trip flights and three-night hotel stays.
  
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• Additional video shows Georgia jogger Ahmaud Arbery did nothing illegal before being killed, attorneys say

  10-05-2020 22:54 via news.yahoo.com
  
  Surveillance video recorded minutes before the slaying of jogger Ahmaud Arbery proves the Georgia man was not involved in a crime, attorneys say.
  
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• Hackers interrupted a virtual graduation ceremony with racial slurs and a swastika during student blessing

  10-05-2020 22:45 via news.yahoo.com
  
  The Oklahoma City University said its ceremony was being held over Zoom when it was interrupted by a show of "racism, bigotry, and anti-Semitism"
  
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• White House enacts new safety precautions as coronavirus moves closer to Trump's inner circle

  10-05-2020 22:39 via news.yahoo.com
  
  White House takes new safety precautions to protect President Donald Trump and his staff after two administration aides test positive for coronavirus.
  
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• Yazidi girl returns home to Iraq after years of IS captivity

  10-05-2020 22:22 via news.yahoo.com
  
  A Yazidi girl abducted by the Islamic State group returned to Iraq Sunday to be reunited with her family after the coronavirus lockdown in Syria delayed her homecoming, a community member said.Layla Eido, 17, was among dozens of women and girls from Iraq's minority Yazidi community who were abducted by IS from their ancestral home of Sinjar in 2014.The women were enslaved, systematically raped, or married off by force to jihadists, but for Eido the nightmare came to an end when the jihadist grou
  
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• Migrant workers killed in latest tragedy amid India virus lockdown

  10-05-2020 22:15 via news.yahoo.com
  
  Five Indian migrant workers died when the mango-laden truck they hid in to evade the virus lockdown overturned, police said Sunday, adding to a rising death toll among the country's poorest labourers.The victims were among the millions of migrant workers, mostly from rural villages, heading home by any means possible after many lost their jobs under the world's largest COVID-19 lockdown.As India's interstate train and bus systems closed down and state borders shuttered in late March, many headed
  
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• Cuomo says New York has passed through a "hellish journey" as state reports lowest new coronavirus deaths since March

  10-05-2020 22:10 via news.yahoo.com
  
  "It has been a painful period of time," New York Gov. Cuomo said. The state reached its lowest new daily case count ⁠— 521 — since about March 20.
  
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• Rise in German virus infections spurs concern

  10-05-2020 22:08 via news.yahoo.com
  
  Germany's coronavirus spread appears to be picking up speed again, official data showed Sunday, just days after Chancellor Angela Merkel said the country could gradually return to normal.The Robert Koch Institute for public health said Germany's closely watched reproduction rate (R0) had climbed to 1.1, meaning 10 people with COVID-19 infect on average 11 others.The RKI has warned that for the infection rate to be deemed under control and slowing down, the R0 has to stay below one.
  
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• The man who recorded Ahmaud Arbery's death has received threats after police said they were investigating him, his lawyer said

  10-05-2020 21:51 via news.yahoo.com
  
  An attorney for William Bryan, who filmed the video, said his client did not associate with the suspects and has cooperated in the investigation.
  
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• Trump tweets more than 100 times in one day as coronavirus death toll nears 80,000

  10-05-2020 21:50 via news.yahoo.com
  
  Donald Trump sent more than 100 tweets and retweets on Sunday, most of which promoted unsubstantiated claims about the investigation into collusion between his campaign and Russia.
  
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• Coronavirus live updates: U.S. death toll passes 80,000, U.K. to begin lifting lockdown

  10-05-2020 21:49 via news.yahoo.com
  
  Here are the latest updates on the global pandemic.
  
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• Trump White House adviser says unemployment rate could pass 20% during coronavirus pandemic

  10-05-2020 21:46 via news.yahoo.com
  
  White House economic adviser Kevin Hassett said Sunday he thinks the USA will reach the 20% unemployment mark "by next month."
  
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• US coronavirus response a 'chaotic disaster,' Obama tells former staffers in call

  10-05-2020 21:45 via news.yahoo.com
  
  Obama’s comments came during a call Friday with 3,000 members of the Obama Alumni Association, people who served in his administration.
  
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• Trump charges Obama with 'biggest political crime in American history'

  10-05-2020 21:42 via news.yahoo.com
  
  * Retweet storm after justice department drops Flynn case * Obama: US ‘rule of law’ is at risk under Trump * Opinion: Under Trump, American exceptionalism means misery * For God and Country: Christian case for Trump is a thin readDonald Trump continued to fume over the Russia investigation on Sunday, more than a year after special counsel Robert Mueller filed his report without recommending charges against the president but only three days after the justice department said it would d
  
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• Pence says he would welcome Flynn's return: Axios report

  10-05-2020 21:40 via news.yahoo.com
  
  Vice President Pence on Sunday said he would welcome Michael Flynn's return to the Trump administration after the U.S. Justice Department's controversial move to drop criminal charges against President Trump's former national security adviser.
  
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• Despite White House virus cases, top aides defend reopening

  10-05-2020 21:35 via news.yahoo.com
  
  Two top US economic advisers on Sunday defended the need for an expeditious reopening of the economy even as the coronavirus reached into the White House despite the extraordinary precautions taken there.The comments by Treasury Secretary Steven Mnuchin and economic adviser Larry Kudlowcame just two days after the country recorded its steepest job losses in history, with 20.5 million jobs lost in April, and as virus cases continued rising in some states with far more deaths projected.Kudlow was
  
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• Hundreds of publicly traded companies got more than $1 billion from PPP small-business fund

  10-05-2020 21:23 via news.yahoo.com
  
  There's no known evidence any of the companies violated the rules of the PPP, which approved more than $500 billion in loans during the past five weeks.
  
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• Poland to announce new election date within two weeks

  10-05-2020 21:22 via news.yahoo.com
  
  The head of Poland's electoral commission said on Sunday that the parliament speaker had 14 days to declare the date of a new presidential election in place of a Sunday vote that while never officially cancelled did not take place due to the coronavirus.The nationalist Law and Justice (PiS) government had insisted the election take place as scheduled, but was forced to admit in the past week that it could not organise it during the pandemic.Its chief, Sylwester Marciniak, told private broadcaste
  
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• Oklahoma college's graduation hacked with racist images

  10-05-2020 21:20 via news.yahoo.com
  
  Oklahoma City University's virtual graduation ceremony was cut short when someone posted a racial slur and a swastika. Saturday's ceremony, held using the online streaming service Zoom, was nearing an end, with the names of graduates scrolling across the screen, when the racist images appeared. The Zoom meeting then abruptly came to an end.
  
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• Cuomo says coronavirus death toll at lowest level since mid-March

  10-05-2020 21:15 via news.yahoo.com
  
  New York Governor Andrew Cuomo has ordered all nursing home staff will have to be tested twice a week as the state is still reporting deaths from COVID-19.
  
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• Warning, graphic: Las Vegas man threatens to kill officers with sword before deadly shooting

  10-05-2020 21:02 via news.yahoo.com
  
  Raw video: Las Vegas Metropolitan Police released footage from a deadly shooting after a man wielding a Samurai sword approached officers and threatened to kill them.
  
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• This tech-savvy school shares tips for online learning amid coronavirus pandemic

  10-05-2020 20:36 via news.yahoo.com
  
  Coding in kindergarten, tablets for all in this suburban New York school. Still, teachers say there are limits to online classes during coronavirus.
  
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• Pence says he would welcome Trump ex-adviser Flynn's return: Axios

  10-05-2020 20:32 via news.yahoo.com
  
  U.S. Vice President Mike Pence on Sunday said he would welcome Michael Flynn's return to the Trump administration after the U.S. Justice Department's controversial move last week to drop criminal charges against the president's former national security adviser. In an interview with online news site Axios, Pence was asked if he would like Flynn to return to work for President Donald Trump. "For my part, I'd be happy to see Michael Flynn again," Pence said, and defended the department's action.
  
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• Hospitalizations continue to decline in Connecticut

  10-05-2020 20:08 via news.yahoo.com
  
  Numbers released by Governor Ned Lamont also revealed 58 new coronavirus-related deaths. The statewide death toll now stands at 2,932.
  
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• Pork Chops vs. People: Battling Coronavirus in an Iowa Meat Plant

  10-05-2020 20:00 via news.yahoo.com
  
  On April 10, Tony Thompson, the sheriff for Black Hawk County in Iowa, visited the giant Tyson Foods pork plant in Waterloo. What he saw, he said, "shook me to the core."Workers, many of them immigrants, were crowded elbow to elbow as they broke down hog carcasses zipping by on a conveyor belt. The few who had face coverings wore a motley assortment of bandannas, painters' masks or even sleep masks stretched around their mouths. Some had masks hanging around their necks.Thompson and other local
  
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• White House reportedly rejected 'ludicrous' coronavirus relief plan that would have curbed retirement benefits

  10-05-2020 19:59 via news.yahoo.com
  
  Some traditional conservatives in the White House — like new chief of staff Mark Meadows — are growing wary of how much the federal government is spending during the coronavirus pandemic, The Washington Post reports. But it doesn't look like President Trump shares their concerns.Senior administration officials reportedly discussed the so-called "Eagle Plan," a 29-page memo reportedly written by Paul Touw, the chief strategy officer to State Department Undersecretary Keith Krach, who
  
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• Fauci in quarantine as Trump projects confidence and urges states to reopen

  10-05-2020 19:56 via news.yahoo.com
  
  Two other senior aides in coronavirus task force also in quarantine as fallout deepens over positive tests among White House staff* Coronavirus – live US updates* Coronavirus – latest global updatesThe White House is stepping up precautions to try to stem the spread of Covid-19 in the West Wing after Dr Anthony Fauci, the US government’s top infectious diseases official, and two other senior leaders in the fight against Covid-19 began self-quarantining on Sunday, following posi
  
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• New York enacts new coronavirus protections for nursing home residents

  10-05-2020 19:54 via news.yahoo.com
  
  All nursing home staff must be tested twice a week for COVID-19, the disease caused by the virus, and hospitals may not discharge any COVID-19 patient to a nursing home until the patient tests negative, Governor Andrew Cuomo said.If a nursing home cannot provide proper care, the patient must be transferred to the state, which he said has ample available hospital beds."Our number one priority is protecting people in nursing homes," Cuomo said.
  
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• NW Syria clashes kill 48 in highest toll since truce: monitor

  10-05-2020 19:41 via news.yahoo.com
  
  Clashes in northwest Syria killed 48 regime fighters and jihadists Sunday in the highest such death toll since the start of a two-month-old ceasefire there, a monitor said.A truce since March 6 had largely stemmed fighting in Syria's last major rebel bastion of Idlib after a months-long regime assault that killed hundreds of civilians and forced almost a million to flee."It's the highest death toll for fighters since the truce came into force," said Observatory chief Rami Abdel Rahman, who relie
  
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• NY hospitalizations, death rate drop to levels last seen at start of shutdownG

  10-05-2020 19:39 via news.yahoo.com
  
  In signs of progress, Gov. Andrew Cuomo announced hospitalizations and the death rate from COVID-19 have dropped to levels last seen at start of shutdown.
  
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• Senior coronavirus task force members self-quarantine after two White House aides test positive

  10-05-2020 19:35 via news.yahoo.com
  
  Anthony Fauci, the public face of the Trump administration's fight against the coronavirus, has gone into self-isolation after two White House aides tested positive for Covid-19. News of the outbreak at the heart of the administration came as the US death toll from the disease topped 80,000 and former US president Barack Obama launched a withering attack on his successor's handling of the crisis. Two other coronavirus task force members - Food and Drug Administration Commissioner Stephen Hahn an
  
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• Trump advisers cite need to stop 'permanent' economic toll

  10-05-2020 19:29 via news.yahoo.com
  
  Some of President Donald Trump’s top economic advisers emphasized on Sunday the importance of states getting more businesses and offices open even as the pandemic makes its way to the White House complex, forcing three members of the administration’s coronavirus task force into self-quarantine.Decisions about how fast to reopen come with a general election less than six months away, and Trump and other incumbents facing the prospects of seeking another term in the midst of a public h
  
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• The US government turned down an offer to manufacture up to 1.7 million N95 masks weekly in January: report

  10-05-2020 19:26 via news.yahoo.com
  
  Michael Bowen, owner of manufacturer Prestige Ameritech, warned officials of the supply shortage a day after the first coronavirus case in the US.
  
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• Pandemic modelers expect loosening restrictions to lead to coronavirus case increase in coming weeks

  10-05-2020 19:26 via news.yahoo.com
  
  As some states in the U.S. begin to re-open parts of their economies, scientists are anticipating a growth in coronavirus cases in those areas in the next few weeks.The University of Washington's Institute for Health Metrics and Evaluation Director Christopher Murray told CBS' Margaret Brennan on Sunday that his model, which the White House has favored during the pandemic, anticipates a jump in cases in states where they've noticed a large increase in mobility among the population in recent days
  
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• Wuhan reported its first new coronavirus case in more than a month

  10-05-2020 19:04 via news.yahoo.com
  
  On the same day Wuhan, where the virus outbreak began, reported its new case, China saw its largest single-day increase in new cases since late April.
  
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• Coronavirus updates: Unemployment could top 20%; health officials to quarantine; Obama says response a 'disaster'

  10-05-2020 19:04 via news.yahoo.com
  
  A series of developments have have brought COVID-19 close to the inner circle of the White House in recent days. Here is the latest news Sunday.
  
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• Pharma CEO says U.S. manufacturing capacity is 'limited' in event of coronavirus vaccine, treatment

  10-05-2020 19:03 via news.yahoo.com
  
  Dr. Leonard Schleifer, the CEO of pharmaceutical company Regeneron, which is developing a coronavirus treatment, is optimistic that there will eventually be a breakthrough when it comes to combating the disease, whether that come in the form of a drug or a vaccine. But there will still be obstacles, he told CNN's Jack Tapper on Sunday's edition of State of the Union.If and when a vaccine or treatment hits the market, there's still the question of how people will be able to access it, considering
  
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• Fauci to go into "modified quarantine"

  10-05-2020 18:59 via news.yahoo.com
  
  Fauci also said if he is asked to go to the White House or to a Congressional hearing, he will, but he would wear a mask and socially distance
  
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• White House considers more coronavirus stimulus, with conditions - officials

  10-05-2020 18:46 via news.yahoo.com
  
  The White House has started informal talks with Republicans and Democrats in Congress about next steps on coronavirus relief legislation, officials said on Sunday, but they stressed any new federal money would come with conditions.Treasury Secretary Steven Mnuchin told Fox New Sunday he was having discussions with lawmakers from both parties to understand their concerns about state budgets."Let's take the next few weeks," Mnuchin said.
  
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• India, China in high-altitude fistfight at disputed border

  10-05-2020 18:43 via news.yahoo.com
  
  Several Indian and Chinese soldiers were injured in a high-altitude cross-border clash involving fistfights and stone-throwing at a remote but strategically important mountain pass near Tibet, the Indian Army said Sunday.There have been long-running border tensions between the nuclear-armed neighbours, with a bitter war fought over India's northeastern-most state of Arunachal Pradesh in 1962.The "stand-off" on Saturday at Naku La sector near the 15,000-feet (4,572-metre) Nathu La crossing in the
  
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• Chris Wallace Grills Steve Mnuchin on ‘Rosy Predictions’ of Quick Economic Recovery

  10-05-2020 18:41 via news.yahoo.com
  
  Fox News Sunday anchor Chris Wallace pressed Treasury Secretary Steve Mnuchin on his overly optimistic outlook for the economy in the second half of the year, directly asking Mnuchin on Sunday if his “rosy predictions” were based more on the upcoming presidential election rather than reality.Discussing April’s devastating jobs report that saw the unemployment figure jumping up to nearly 15 percent, Wallace kicked off his Sunday interview with Mnuchin by noting that the numbers
  
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• Italian aid worker kidnapped in Kenya in 2018 returns home

  10-05-2020 18:38 via news.yahoo.com
  
  Silvia Romano, 25, was freed on Saturday in Somalia, in an operation by Italy's secret services.
  
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• Germany's infection rate rises above  one after they ease lockdown

  10-05-2020 18:37 via news.yahoo.com
  
  Germany’s coronavirus reproduction rate – the crucial measure shows how widely the virus is spreading in the community – has risen to 1.1, giving rise to fears that a second wave of infections may be imminent. The findings come just days after the country begun the first phase of relaxing its coronavirus lockdown measures, while anti-lockdown protests have been building across the country. Germany has been lauded internationally for its coordinated response to the virus and its
  
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• Germany's infection rate rises above one after lockdown eased

  10-05-2020 18:37 via news.yahoo.com
  
  Germany’s coronavirus reproduction rate – the crucial measure shows how widely the virus is spreading in the community – has risen to 1.1, giving rise to fears that a second wave of infections may be imminent. The findings come just days after the country begun the first phase of relaxing its coronavirus lockdown measures, while anti-lockdown protests have been building across the country. Germany has been lauded internationally for its coordinated response to the virus and its
  
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