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 As the CDC reverses its policy on face masks, how to safely navigate a supermarket in Manhattan.
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 (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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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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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
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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
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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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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.
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Nationwide, 37% of courses have reportedly shut down.
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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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 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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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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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.
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A robotic army is being deployed to radiate surfaces, sanitize floors, scan for fevers and enforce mask-wearing.
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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
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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
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 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
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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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 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.
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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
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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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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
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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
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 (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
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President sends 1,000 military medics to New York as coronavirus deaths mount
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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
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 Mask makers are seeing an increased demand in homemade face masks as the CDC advises all Americans to wear non-medical masks.
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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.
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 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.
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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
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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.
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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.
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 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.
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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
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 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.
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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
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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
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Number of coronavirus intensive care patients in Italy drops for first time ReutersView Full Coverage on Google News
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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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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
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When is Prime Day 2020? Expect Amazon's Black Friday in July, to be postponed "at least until August" because of the coronavirus.
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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.
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 (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
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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.
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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
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 (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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2020-04-03 0001493152-20-005844 5 KB
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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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 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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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.
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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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 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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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.
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 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.
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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.
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"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.
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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.
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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.
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Private Label