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MarketWatchApr 04, 2020
Dispatches from a Pandemic: ‘If we get coronavirus, it will be in a grocery store!' A survival guide to food shopping in New York — the epicenter of coronavirus
As the CDC reverses its policy on face masks, how to safely navigate a supermarket in Manhattan.

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Coronavirus in Illinois updates: What's happening this weekend - Chicago Tribune (Google Business News)

Yahoo BusinessApr 04, 2020
Trump Says He'd Use Tariffs If Needed to Protect Oil Industry
(Bloomberg) -- President Donald Trump ramped up his threats to impose oil import tariffs as renewed diplomatic tension between Saudi Arabia and Russia threatens efforts to reach a new deal to cut output.Trump said Saturday at a White House press briefing he'd use tariffs if needed to protect the domestic oil industry, a day after meeting with U.S. industry leaders. A gathering of OPEC and other major producers scheduled for Monday was delayed until later in the week as Saudi Arabia and Russia traded barbs about who's to blame for the collapse in crude prices.Optimism over prospects for a deal sent benchmark oil futures to a record gain this week, despite an unprecedented global demand loss from the Covid-19 outbreak. A failure to come to an agreement would likely cause prices to crater again. The U.S. oil industry is split on the idea of tariffs, with some independent shale producers -- who've been hardest hit by the recent market slump -- in support, while refiners and large integrated companies are typically opposed.The American Petroleum Institute, which helped arrange Friday's meeting, argues tariffs would inject uncertainty into an already rattled global marketplace."If I have to do tariffs on oil coming from outside, or if I have to do something to protect thousands and tens of thousands of energy workers, and our great companies that produce all these jobs, I'll do whatever I have to do," Trump said Saturday. Low oil prices are "going to hurt a lot of jobs," he said.Measures to stem the coronavirus ou

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Trump Says Next Week Will Be The Worst Yet: 'There Will Be A Lot Of Death' | NBC Nightly News - NBC News (Google Business News)

Forbes HeadlinesApr 04, 2020
Face Mask Dispute Strains U.S. Canada Relations In Covid-19 Crisis
President Trump's order to 3M to stop shipping face masks to Canada has put strains on the U.S. Canada relationship in the midst of the Covid-19 crisis. Was this really necessary?

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Should shoppers be required to wear face masks? Can kids go to the store? COVID-19 brings massive changes (USA Today Money)
Will coronavirus survive airborne? Are young people safe? Do face masks protect me? Are men more likely to die? Burning questions on COVID-19 (MarketWatch)

Google Business NewsApr 04, 2020
Coronavirus Outbreak: Live Updates and News for April 4, 2020 - Bloomberg
Coronavirus Outbreak: Live Updates and News for April 4, 2020  BloombergReport: Trump believes NFL season should start on time  Yahoo Sports‘There will be death': Trump warns of ‘toughest week' ahead  POLITICOCoronavirus live updates: Trump warns of 'a lot of death' in coming week as U.S. cases top 300,000  NBC News

Google Business NewsApr 04, 2020
OPEC-Russia meeting delayed until April 9 amid turmoil in energy markets - CNN
OPEC-Russia meeting delayed until April 9 amid turmoil in energy markets  CNNOil set to 'crater' Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia  CNBCTrump says if he has to put tariffs on oil imports to protect energy workers he will  ReutersOil Market Is Desperate for Saudi Arabia to Flatten the Curve  Bloomberg

Forbes HeadlinesApr 04, 2020
Free Money For Small Business: Two Loans You May Not Have To Repay-That You Should Apply For Now
Your small or medium-sized business is very likely eligible for direct assistance that Congress has just authorized. Author Micah Solomon draws out noted tax and business attorney Mark W. Schweighofer on the details of the CARES (Coronavirus Aid, Relief And Economic Security) Act.

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Trump says he will immediately ask for more small business money if relief fund runs out (CNBC Business)
Capitol Report: Small-business owners express confusion, fear over federal bailout fund (MarketWatch)

MarketWatchApr 04, 2020
Market Extra: Stock market is headed for choppy waters amid worries that a return to normal will elude the U.S. economy
In some corners of Wall Street, investors are casting doubt on the notion that the economy will switch back to high gear after the coronavirus pandemic passes.

Forbes HeadlinesApr 04, 2020
Golfing During A Pandemic? New York, Florida Courses Stay Open Amid Coronavirus Outbreak
Nationwide, 37% of courses have reportedly shut down.

MarketWatchApr 04, 2020
The Tell: Stock market won't hit coronavirus lows until these 3 criteria are met, says Goldman Sachs
Stock-market analysts at Goldman Sachs believe the S&P 500 will end this year more than 19% above current levels, but warned investors in a note this weekend that there will be short-term pain the markets in coming weeks.

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Key Words: Ready to buy back into this market? If so, forget about Apple and grab these stocks instead, strategist says (MarketWatch)

AdWeek NewsApr 04, 2020
Walmart Employees Are Featured in New Spot Set to Enduring Song ‘Lean on Me'
A new Walmart ad begins airing today featuring its employees singing Bill Withers' 1972 classic "Lean on Me" as a message of hope during the coronavirus pandemic. Walmart said it recently became aware of a video posted by one of its stores in Paris, Ill. with employees singing the song. This Facebook video from the...

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How To Rediscover The Art Of Listening During The Lockdown (Forbes Headlines)

CNBC BusinessApr 04, 2020
Telehealth visits are booming as doctors and patients embrace distancing amid the coronavirus crisis
The Trump administration has strongly urged doctors and patients to avoid in-person visits and instead use telehealth visits to help prevent the spread of the virus.

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Keir Starmer elected leader of Britain's Labour Party amid coronavirus crisis - Fox News (Google Business News)

CNBC BusinessApr 04, 2020
Coronavirus live updates: Birx warns mortality will peak in NY, New Orleans and Detroit next week
Trump, during a White House briefing, said that 1,000 military personnel would be deployed to New York City and that he would seek more aid for small businesses if relief funds ran out.

Wall Street Journal US BusinessApr 04, 2020
Reporting for Coronavirus Duty: Robots That Go Where Humans Fear to Tread
A robotic army is being deployed to radiate surfaces, sanitize floors, scan for fevers and enforce mask-wearing.

Google Business NewsApr 04, 2020
Coronavirus face masks: How to make your own, who should wear one and who is donating them - Chicago Tribune
Coronavirus face masks: How to make your own, who should wear one and who is donating them  Chicago TribuneHow to make your own face mask  CNNCDC Recommends Americans Wear Nonmedical Cloth Masks As US Coronavirus Cases Top 270000  NBC NewsDo Face Masks Work? And How Do You Wear One? We Answer Your FAQs : Goats and Soda  NPR

Google Business NewsApr 04, 2020
Cuomo says more ventilators inbound from China, Oregon - POLITICO
Cuomo says more ventilators inbound from China, Oregon  POLITICONY to send troops for ventilators as death toll nears 3000  Al Jazeera EnglishChina is donating 1,000 ventilators to help New York in coronavirus fight  CNBCGrowing Concern for Virus Hot Spots Near New York: Live Updates  The New York TimesNew York's coronavirus budget is experimental  New York Daily News

Yahoo BusinessApr 04, 2020
Trump: ‘There Will Be a Lot of Death Unfortunately'
President Trump warned on Saturday that the coming days will be some of the worst for the coronavirus outbreak. Modeling shows New York, Detroit and New Orleans will hit the peak of their outbreaks in the next week. Photo: Bryan Smith/Zuma Press


Forbes HeadlinesApr 04, 2020
The Battle Between Amazon And Instacart Against Their Workers Is The Beginning Of The End Of The War For Talent
With 10 million people unemployed and an anticipated 50 million more out of work by the summer, corporate executives recognize that they now have the upper hand. As the crisis continues to grow and millions of people start looking for work, management will feel free to summarily dispense employees.

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De Blasio Repeats Call to Enlist Nation's Health Workers: Live Updates - The New York Times (Google Business News)

Reuters Company NewsApr 04, 2020
UPDATE 4-Five Canadian banks cut credit card interest rates to ease coronavirus impact
Bank of Nova Scotia, Toronto-Dominion Bank, Royal Bank of Canada, National Bank of Canada and Canadian Imperial Bank of Commerce said on Friday they are cutting interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.

Google Business NewsApr 04, 2020
Coronavirus Lockdowns Cause Worldwide Decrease In Man-Made Seismic Noise - Forbes
Coronavirus Lockdowns Cause Worldwide Decrease In Man-Made Seismic Noise  ForbesBillions of people are under coronavirus lockdowns - and now the upper crust of the Earth is shaking less  CBS NewsThe coronavirus pandemic is making Earth vibrate less  WKTVEarth Is Vibrating Substantially Less Because There's So Little Activity Right Now  ScienceAlert

Google Business NewsApr 04, 2020
NYC schools dropping Zoom because of security concerns - CNN
NYC schools dropping Zoom because of security concerns  CNNNYC schools told not to use Zoom for distance learning amid security concerns, reports say  Fox NewsSchool districts, including New York City's, start banning Zoom because of online security issues  The Washington PostNYC education officials tell teachers to stop using Zoom  

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Zoom CEO: 'I Really Messed Up' on Video Platform's Security (Wall Street Journal US Business)

Google Business NewsApr 04, 2020
Oil set to 'crater' Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia - CNBC
Oil set to 'crater' Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia  CNBCSaudi Arabia sharply rebukes Russia over oil price collapse  Fox BusinessMexican president calls on Russia, Saudi Arabia to end oil price war  Investing.comOil Market Is Desperate for Saudi Arabia to Flatten the Curve  Bloomberg

Google Business NewsApr 04, 2020
7 charts that show just how bad the March jobs report was - Business Insider - Business Insider
7 charts that show just how bad the March jobs report was - Business Insider  Business InsiderCoronavirus job losses 'way worse than anything we saw in the Great Depression:' Economist  Yahoo MoneyHow the coronavirus job cuts played out by sector and demographics  ReutersUS unemployment spikes, global depression likely, unless...  Daily Sabah

Yahoo BusinessApr 04, 2020
Russia Can Reduce Its Oil Output by 10% if the U.S. Joins Cuts
(Bloomberg) -- Russia would target a 1 million barrel-a-day cut in any new deal with other key oil producers, on condition the U.S. joins cuts, according to four people familiar with the sentiment in the industry.The country's President Vladimir Putin, who said that a reduction in global oil production of about 10 million barrels a days is possible and the nation is ready to participate in this "on a partnership" basis, won't agree for Russia to take more than one-tenth of the global cuts, according to one of the people, who spoke on condition of anonymity because the matter isn't yet public.The idea to decrease global production by 10 million barrels a day, in response to the shrinking demand amid the coronavirus outbreak, was initially announced by the U.S. President Donald Trump earlier this week and then echoed by Putin at the meeting with Russian biggest oil producers and government officials.The ministry's press service did not respond to a request for a comment.Russia's cuts of roughly 1 million barrels per day would represent some 10% of the nation's daily average output that reached 11.294 million barrels in March. The wider coalition of oil producers may demand more, in which case Russia may consider a cut of 1.5 million barrels per day, though the Kremlin may not like such a scenario, the other person said.The OPEC meeting to try to end the oil price war is unlikely to go ahead on Monday as previously expected, as Riyadh and Moscow engaged on a war of words about who's to blame for the collapse

FT.com - USApr 04, 2020
Coronavirus latest: Queen to address UK as US prepares troops
President sends 1,000 military medics to New York as coronavirus deaths mount

Google Business NewsApr 04, 2020
Princess Margaret's Lady-in-Waiting says wartime efforts made royals 'tough' amid the coronavirus pandemic - Fox News
Princess Margaret's Lady-in-Waiting says wartime efforts made royals 'tough' amid the coronavirus pandemic  Fox NewsQueen Elizabeth to give rare televised speech about the coronavirus  NBC NewsCoronavirus: Queen to address nation in Sunday broadcast  BBC NewsCoronavirus pandemic, Palm Sunday, Queen Elizabeth makes announcement: 5 things to know this weekend  USA TODAY

USA Today MoneyApr 04, 2020
Homemade mask sellers get creative as the CDC sets new guidelines to stop spread of coronavirus
Mask makers are seeing an increased demand in homemade face masks as the CDC advises all Americans to wear non-medical masks.       

MarketWatchApr 04, 2020
Coronavirus update: 1.14 million cases, 60,887 deaths as Cuomo thanks Chinese businessmen for ventilators
The U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a million and the death toll passed 55,000.

USA Today MoneyApr 04, 2020
As the Trump administration praises coronavirus relief program, lenders and small businesses criticize delays
The coronavirus crisis is putting added pressure on small business, 29% of which prior were unprofitable and 47% had two weeks or less of cash.      

Google Business NewsApr 04, 2020
Trump Says 'Toughest Week' Ahead, May Take Hydroxychloroquine Himself As Precaution - The Daily Wire
Trump Says 'Toughest Week' Ahead, May Take Hydroxychloroquine Himself As Precaution  The Daily WireAustralia to use anti-malaria drugs in the fight against COVID-19  Sky News AustraliaFACT CHECK: Coronavirus Treatment? That's Premature, Experts Say : Coronavirus Live Updates  NPRDoctors Rate Hydroxychloroquine 'Most Effective' Coronavirus Treatment  The Daily WireExclusive: Pressed by Trump, U.S. pushed unproven coronavirus treatment guidance  Reuters

MarketWatchApr 04, 2020
These 19 companies are working on coronavirus treatments or vaccines — here's where things stand
A mix of legacy drugmakers and small startups have stepped forward with plans to develop vaccines or treatments that target the infection caused by the novel coronavirus.

Wall Street Journal US BusinessApr 04, 2020
U.S. Seeks to Ease Loan Process, but Startups Fear Being Shut Out
The Treasury Department issued new guidance aimed at expanding access to the emergency small-business lending program, but some in Silicon Valley say it falls short of ensuring startups will be able to get aid.

Yahoo BusinessApr 04, 2020
Single passenger flights: The daily woes of airlines, and the crew still working
Like when the gate agent announced a formal boarding process only to remember that Barria was the sole passenger who would board, or when the pilot approached his seat to personally explain a delay in take-off due to a mechanical issue, rather than speak over the PA system. The two flight attendants invited Barria to sit in a first-class seat and went through the safety demonstration for Barria alone. Nearly vacant flights have become the norm for U.S. airlines, despite a drastic reduction in the number of planes they put in the air each day as passenger traffic has diminished in the midst of the new coronavirus gripping countries across the globe.


Google Business NewsApr 04, 2020
New guidance on SBA loans means most startups are still excluded from $349 billion stimulus - TechCrunch
New guidance on SBA loans means most startups are still excluded from $349 billion stimulus  TechCrunchBanks were not prepared for flood of small business coronavirus loan applications  Yahoo NewsTreasury makes coronavirus loan terms less favorable for small businesses  CNBC3 wa

Reuters BusinessApr 04, 2020
Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees
Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters.

Google Market NewsApr 04, 2020
Leading by Example, Some Politicians Urge Residents to Wear Face Masks - The New York Times
Leading by Example, Some Politicians Urge Residents to Wear Face Masks  The New York TimesCDC Recommends Americans Wear Nonmedical Cloth Masks As US Coronavirus Cases Top 270000  NBC NewsWhy should you wear a mask in public? Dr. Agus explains  CBS This MorningDo Face Masks Work? And How Do You Wear One? We Answer Your FAQs : Goats and Soda  NPRWear a mask: it may be our best weapon against coronavirus  The Guardian

Google Business NewsApr 04, 2020
Doctors Rate Hydroxychloroquine 'Most Effective' Coronavirus Treatment - The Daily Wire
Doctors Rate Hydroxychloroquine 'Most Effective' Coronavirus Treatment  The Daily WireAustralia to use anti-malaria drugs in the fight against COVID-19  Sky News AustraliaFACT CHECK: Coronavirus Treatment? That's Premature, Experts Say : Coronavirus Live Updates  NPRCan chloroquine cure coronavirus? Here's what science says  Digital TrendsA small trial finds that hydroxychloroquine is not effective for treating coronavirus  Yahoo News

Google Business NewsApr 04, 2020
Number of coronavirus intensive care patients in Italy drops for first time - Reuters
Number of coronavirus intensive care patients in Italy drops for first time  ReutersView Full Coverage on Google News

Google Business NewsApr 04, 2020
Trump says 1000 military personnel deploying to New York City, warns coming week toughest yet in coronavirus fight - CNBC
Trump says 1000 military personnel deploying to New York City, warns coming week toughest yet in coronavirus fight  CNBC‘There will be death': Trump warns of ‘toughest week' ahead  POLITICOReport: Trump believes NFL season should start on time  Yahoo SportsPresident Trump says US to deploy 1,000 military personnel to New York City to battle coronavirus  USA TODAY

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Trump says 1,000 military personnel deploying to New York City, warns coming week toughest yet in coronavirus fight (CNBC Business)

Google Business NewsApr 04, 2020
Coronavirus Southern California update: Health officials confirm 28 additional deaths, 711 new cases in LA County - KABC-TV
Coronavirus Southern California update: Health officials confirm 28 additional deaths, 711 new cases in LA County  KABC-TVCoronavirus: LA County Cases Doubling Every 6 Days  CBS Los AngelesL.A. County Begins Mobile COVID-19 Testing, Recommends Schools Stay Closed and Allows Restaurants to Sell Unprepared Food  Alhambra SourceCalifornia coronavirus deaths climb; tough days ahead, officials say  Los Angeles TimesL

USA Today MoneyApr 04, 2020
When is Amazon Prime Day 2020? It'll likely be delayed due to coronavirus demands, reports say
When is Prime Day 2020? Expect Amazon's Black Friday in July, to be postponed "at least until August" because of the coronavirus.      

Forbes HeadlinesApr 04, 2020
Dating While Isolating: How Video Chat Is Shaking Up The Industry
The pandemic has at least temporarily completely rewritten the rulebook, with some dating businesses better equipped than others to re-position themselves following an almost-overnight transformation of social norms.

Yahoo BusinessApr 04, 2020
N.Y. Has Most Deaths in a Day; Italy's Toll Falls: Virus Update
(Bloomberg) -- New York State reported the most deaths in a single day while Italy, the nation with the most fatalities in the world, had the fewest since March 26. Spain plans to extend its lockdown.U.S. deaths rose to more than 7,500 and the global tally exceeds 62,000. At least a half-dozen cruise ships remain at sea with passengers and crew as companies navigate long trips and struggle to find ports willing to let them dock. The big question remains: When, and how, will this end?Key Developments:Global cases top 1.1 million; deaths exceed 62,000: Johns HopkinsBread lines are forming in Mar-a-Lago's shadowThe virus is destroying ed jobs around the worldLandlords in peril as retailers withhold rentCruise ships, linked to the early spread, are still sailingThe maker of Purell gets tariff exclusionsNew York's Deadliest Day (2 p.m. NY)New York, the worst-hit U.S. state, recorded the biggest daily death toll yet, adding 630 fatalities for a total of 3,565, Governor Andrew Cuomo said. One thousand ventilators are due to arrive from China on Saturday. "This is a big deal and it's going to make a significant difference for us," Cuomo said. Oregon donated another 140. "We're not at the apex," Cuomo told reporters. New York City's total rose to 63,306 cases and 2,624 deaths.Read the full story here.Trudeau Plans Trump Call Amid Spat (1 p.m. NY)Canadian Prime Minister Justin Trudeau said he will speak to Donald Trump soon as the U.S. president escalates a battle with allies and 3M Co. over exports of med

Reuters Company NewsApr 04, 2020
Norway says could cut oil production unilaterally
Western Europe's largest oil and gas producer Norway said on Saturday it would consider cuts to its oil output if a wide global deal is agreed.

Google Business NewsApr 04, 2020
China is donating 1,000 ventilators to help New York in coronavirus fight - CNBC
China is donating 1,000 ventilators to help New York in coronavirus fight  CNBCNew York Governor Cuomo announces highest coronavirus death toll yet  CBS NewsCuomo Warns That Peak of Crisis Is Still to Come: Live Updates  The New York TimesNew York's coronavirus budget is experimental  New York Daily News

Yahoo BusinessApr 03, 2020
Trump's ‘Free Market' Response to a Global Deal to Save Oil
(Bloomberg) -- On Thursday, U.S. President Donald Trump sent oil prices rallying on the prospect of an unprecedented, U.S.-backed deal to cut global crude production.On Friday, he walked out of a meeting with the titans of America's oil industry without any public declaration of a plan to curtail domestic output, saying it's a free market and up to Saudi Arabia and Russia to solve their price war that sent crude crashing.His remarks call into question Trump's ability to broker a truce between the world's two biggest crude exporters at a time when the coronavirus pandemic is destroying demand and threating the shale industry's survival. The president said that tariffs on oil imports could be imposed, though he's not planning to do that at the moment.While both Saudi Arabia and Russia have expressed openness to coordinated production cuts -- and Trump said a deal between the two nations will come soon -- it's unclear that can be achieved without the U.S. and other nations also taking part. Asked whether America would join in, Trump was evasive."It's a free market. We'll figure it out," he told reporters in Washington after the gathering with the heads of Exxon Mobil Corp., Chevron Corp. and other major producers. "Ultimately the marketplace will take care of it."Left to its own devices, though, the market is poised to collapse further as the Covid-19 crisis could slash global crude demand by almost a third. Hundreds of thousands of industry jobs are hanging in the balance, with about $15 billion of investments

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IEA: OPEC Can't Save The Oil Market (Yahoo Business)

SEC.gov Updates: News DigestApr 03, 2020
4 - Cini John K. (0001806526) (Reporting)
2020-04-03 0001493152-20-005844 5 KB

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3 - KELLEMAN JOSEPH P (0001629239) (Reporting) (SEC.gov Updates: News Digest)

Reuters Company NewsApr 03, 2020
UPDATE 3-Four Canadian banks cut credit card interest rates to ease coronavirus impact
Toronto-Dominion Bank, Royal Bank of Canada, National Bank of Canada and Canadian Imperial Bank of Commerce said on Friday they are cutting interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.

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UPDATE 2-Three Canadian banks cut credit card interest rates to ease coronavirus impact (Reuters Company News)

Yahoo BusinessApr 03, 2020
Analysts Share Stocks They Would Buy In This Environment: Exxon Mobil, P&G And More
On CNBC's "The Exchange," Jamie Cox of Harris Financial Group and Charles Bobrinskoy of Ariel Investment spoke about stocks they like in the current market environment.Cox said he keeps asking himself when is he going to buy an integrated oil company, if not when there is an oil price war going, combined with a 30% or more demand destruction. He thinks now might be the right time to start buying a little bit of Exxon Mobil Corporation (NYSE: XOM) or Royal Dutch Shell plc ADR Class A (NYSE: RDS-A) and initiate a position in companies that are well capitalized and have plenty of interest coverage.PreMarket Prep Stock Of The Day: Exxon MobilProcter & Gamble Co (NYSE: PG) is a better company to own and you can pick it up on discount relative to Clorox Co (NYSE: CLX), said Cox. He explained that these stocks pay a similar dividend, but Procter & Gamble has much better interest coverage ratio.Bobrinskoy likes Zimmer Biomet Holdings Inc (NYSE: ZBH). He's trying to find companies that are going to be fine because they're going to have pent up demand. People are currently not doing hip replacement surgeries or knee surgeries so its business is going to be down. Those surgeries aren't canceled, they're just postponed so Zimmer is very well positioned in the long term, said Bobrinskoy.See more from Benzinga * Cramer Shares His Thoughts On Procter & Gamble, Virgin Galactic And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights r

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Market Snapshot: Stocks end lower as worst jobs report in 11 years shows coronavirus already hurting U.S. economy (MarketWatch)
Global stocks edge lower on economic toll from coronavirus, oil rallies (Reuters Business)

NPR Topics: BusinessApr 03, 2020
Airlines Apply For Relief Payments Amid Coronavirus Slowdown
In return for a share of billions of dollars, the companies must say how they expect to pay it back and not lay off workers through Sept. 30, among other restrictions.

Reuters BusinessApr 03, 2020
Kraft Heinz cuts output at three plants, adds shifts for mac & cheese
Kraft Heinz Co said on Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the new coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods like macaroni and cheese.

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CORRECTED (OFFICAL)-UPDATE 1-Kraft Heinz cuts output at three plants, adds shifts for mac & cheese (Reuters Company News)

Yahoo BusinessApr 03, 2020
Feds Come to Rescue of Flyers With Hardball Mandate to U.S. Airlines on Refunds
U.S. airlines must refund passengers when they cancel flights due to the coronavirus pandemic, the federal government said Friday, a blow to at least two carriers that have been making it difficult for customers to recover their money. The pro-consumer move is consistent with the U.S. Department of Transportation's usual policy, though there was some […]


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Hedge fund Glenview off 30% as coronavirus weighs on portfolio (Reuters Business)

NYTimes BusinessApr 03, 2020
SBA Loan Program Starts As Small Businesses Make Urgent Applications
A $349 billion program to throw them a financial lifeline got off to a rocky start on Friday as the U.S. economy continued to seize up.

RELATED ARTICLES
Treasury makes coronavirus loan terms less favorable for small businesses (CNBC Finance)

USA Today MoneyApr 03, 2020
Dow slides 360 points, capping volatile week as US reports job losses in March
U.S. stocks fell Friday after job gains came to a sudden halt in March as a result of layoffs and a hiring slowdown from coronavirus pandemic.       

CNBC BusinessApr 03, 2020
Chipotle to honor $6.5 million in quarterly bonuses. CEO says it's the 'right thing to do'
The coronavirus pandemic pushed Chipotle into "tough business situations, but we thought the right thing to do was step in and provide assistance," CEO Brian Niccol said.

RELATED ARTICLES
UPDATE: COVID-19 case tally: 1.07 million cases worldwide and 55,781 deaths; Italy has highest number of fatalaties (MarketWatch MarketPulse)

CNBC BusinessApr 03, 2020
Coronavirus pandemic economic fallout 'way worse than the global financial crisis,' IMF chief says
"Never in the history of the IMF have we witnessed the world economy come to a standstill," said Kristalina Georgieva, managing director of the IMF, during a press conference on the pandemic.

CNBC BusinessApr 03, 2020
US airlines must apply soon for coronavirus relief grants — then comes the hard part
U.S. airline executives face a test to see which sacrifices they are willing to make in exchange for federal aid that would allow them to continue paying their employees during the coronavirus pandemic.

Reuters BusinessApr 03, 2020
Mexico without Corona: Brewers suspend production during pandemic
Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with coronavirus containment measures, following a similar announcement by rival Modelo.

RELATED ARTICLES
Putin Says Russia Is Willing to Join Oil Production Cuts: Live Updates (NYTimes Business)
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