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MarketWatchSep 30, 2020
The $1.7 trillion question that did NOT come up during Trump-Biden presidential debate
This issue affects millions of Americans, and has become especially prescient during the COVID-19 pandemic.

MarketWatchSep 30, 2020
Coronavirus update: Group of ex-FDA commissioners slam political interference at FDA and CDC; U.S. death toll tops 206,000
The global death toll from the coronavirus-borne illness COVID-19 climbed to 1.008 million on Wednesday, while the U.S. death toll rose above 206,000, and the first presidential debate found President Donald Trump again blaming China for the outbreak, while opponent Democrat Joe Biden slammed Trump's handling of the crisis.

RELATED ARTICLES
Coronavirus tally: Global cases of COVID-19 top 33.6 million, 1.008 million deaths and Trump blames China for outbreak (MarketWatch MarketPulse)

MarketWatch MarketPulseSep 30, 2020
Dow to book Q3 restructuring charges of $500 million to $600 million as it cuts costs during pandemic
Dow Inc. said Wednesday it expects to book restructuring charges of $500 million to $600 million in the third quarter, as the materials science company, which makes plastics and paints among other products, pushes ahead with a cost cutting program during the pandemic. The company said the charges will consist of severance and related benefit costs, exit and disposal activity costs and asset write-downs and write-offs. The company is on track to achieve its reduced target for capex of $1.25 billion in 2020, down from $2.0 billion in 2019. "Given the expected gradual and uneven global economic recovery from COVID-19, we announced in July that we are taking necessary actions to continue to optimize our asset footprint, reduce structural costs and enhance the competitiveness of our business over the long-term," Chief Executive Jim Fitterling said in a statement. The company is expecting to close the dale of rail infrastructure assets at six North American sites to Watco three months earlier than planned for cash proceeds or more than $310 million. Shares were not active premarket, but have fallen 15% in the year to date, while the S&P 500 has gained 3.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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