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Testing becomes a campaign issue: President Trump would leave it to the states, while Joseph R. Biden Jr. said he would create a national program. Even the hardest-hit cities are far from herd immunity.
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A conversation about the latest market-moving news, including the upcoming jobless claims data and China passing a controversial Hong Kong bill.
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Hong Kong Security Plan Is Approved, Tightening China's Hold The New York TimesPompeo says Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade CNNDollar stands its ground as Hong Kong tensions weigh CNBCWill President Trump Stand With Hong Kong? The New York Times
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 The COVID-19 outbreak has brought out some creative accounting at companies, as executives attempt to gauge the impact of the pandemic on their businesses and how they would have performed if the crisis hadn't all but shut the economy down.
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US-China tensions over Hong Kong threaten to derail market rally
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 Moderna Inc has extended a deal
to secure large volumes of the lipids used to produce its
experimental COVID-19 vaccine as the U.S. biotech looks to build
capacity and produce enough doses to meet expected global
demand.
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 Facebook CEO Mark Zuckerberg questions Twitter's decision to fact check two tweets from President Donald Trump.
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China approves controversial national security law for Hong Kong CNNHong Kong Reaching a Turning Point, Basic Law Committee Member Says Bloomberg PoliticsHong Kong could see a 'gradual erosion' as a financial hub over the next five years: Analyst CNBCWill President Trump Stand With Hong Kong? The New York TimesIn the midst of a cri
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 Stock futures were mixed Thursday morning, mostly holding gains after the S&P 500 pushed to an 11-week high a day earlier.
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 ?As the hurricane season quickly approaches, HR leaders can't expect to rely on their previous hurricane planning in the midst of the COVID-19 pandemic. With social distancing in place to mitigate the spread of the coronavirus and a busier-than-normal hurricane season predicted, organizations need to revamp their safety plans.
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Item 2.02: Results of Operations and Financial Condition
Item 9.01: Financial Statements and Exhibits
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More Americans are competing against each other to snag a shrinking number of jobs managing offices, entering data and handling other responsibilities from home, offering early clues about a labor market crunch that threatens to intensify entering the summer.
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Ask FT journalists about how the US public and private sectors are planning for the next stage of the pandemic
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Live Unemployment Numbers Report Tracker The New York TimesJobless claims: Another 2.123 million Americans file for unemployment benefits Yahoo MoneyNew wave of U.S. layoffs feared as coronavirus pain deepens Reuters1 in 4 American workers have filed for unemployment benefits during the pandemic CNNVirus unleashing ne
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Minneapolis Protests Turn Destructive as Outrage Grows Over Death of George Floyd The New York TimesNew video shows Minneapolis police arrest of George Floyd before death CBS Evening NewsProtests, looting erupt in Minneapolis over racially charged killing by police Yahoo NewsWho was George Floyd? Family, friends, coworkers remember 'loving spirit' FOX 9We Refuse To Call It Murder, But How Else Do You Explain The Killing Of George Floyd?
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Pershing Square Capital Management hedge-fund manager Bill Ackman told investors on a call on Wednesday that he is dumping Warren Buffett's Berkshire Hathaway. The stocks he bought more of and is keeping are worth paying attention to.
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For every dollar spent on unemployment insurance, there's a multiplier effect leading to a 1.64 increase in GDP, research shows.
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Additional 2.1m people apply for first time unemployment benefits in week 10 since lockdowns
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 The global case tally for the coronavirus that causes COVID-19 climbed to 5.71 million on Thursday, according to data aggregated by Johns Hopkins University. The death toll rose to 356,042. More than 2.4 million people have recovered. The U.S. has the highest case toll in the world at 1.7 million and the highest death toll at 100,442. Brazil has 411,821 cases and 25,598 deaths, while Russia has 379,051 cases and 4,142 fatalities. The U.K. has 268,619 cases and 37,542 deaths, the highest death toll in Europe and second highest in the world after the U.S. Spain has 236,259 cases and 27,117 deaths, while Italy has 231,139 cases and 33,072 deaths. France has 183,038 cases and 28,599 deaths, while Germany has 181,918 cases and 8,449 deaths. Turkey has 159,797 cases and 4,431 deaths and India has 158,613 cases and 4,540 deaths. Iran has 141,591 cases and 7,564 deaths. Peru has 135,905 cases and 3,983 deaths. Canada is next with 88,989 cases and 6,876 deaths. China, where the disease was first reported late last year, has 84,106 cases and 4,638 deaths.
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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Acknowledging laid-off colleagues, honoring retirees, and leaving a job while on furlough: How to handle departures during the coronavirus pandemic.
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There are no guaranteed winners in the stock market, but these three are pretty close.
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* GRAPHIC-Nissan's fight for survival: https://reut.rs/2USzcFy
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More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.
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 The top two U.S. dollar store chains reported better-than-expected quarterly sales and profit on Thursday, benefiting from a surge in demand for affordable groceries and household essentials amid the COVID-19 pandemic.
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Amazon.com Inc. said Thursday that 125,000 of the 175,000 workers the e-commerce giant hired on a temporary basis will be converted to permanent full-time employees starting in June. Regular full-time roles have a minimum wage of $15 per hour. The workers were brought on board to help Amazon meet coronavirus-related demand, with many planning to go back to previous companies when states re-open. "As the long-term picture becomes more clear" and unemployment soars, Amazon is giving this option. Amazon stock slipped 1.1% in Thursday premarket trading, but has rallied 30.4% for the year to date. The S&P 500 index is down 6% for 2020 so far.
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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Economies are returning to life, but at different paces around the world and with varying degrees of damage to their economies and societies.
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Trump expected to sign executive order that could threaten punishment against Facebook, Google and Twitter over allegations of political bias The Washington PostTrump to sign executive order on social media amid Twitter furor POLITICOZuckerberg knocks Twitter for fact-checking Trump, says private companies shouldn't be 'the arbiter of truth' Fox NewsShining sunlight on
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Arizona Attorney General Mark Brnovich's lawsuit alleges Google violated its users' privacy by collecting information about their whereabouts even if they thought they had turned off such tracking.
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Shares of Boeing Co. rallied 4.5% ahead of the Thursday's, to pace all of the Dow Jones Industrial Average's premarket gainers, after the aerospace giant said it was cutting nearly 7,000 jobs and slowly restarting production of its 737 MAX aircraft, which the company had halted in January. The stock's implied price gain would add about 46 points to the Dow's price, while Dow futures rose 156 points. Boeing also said late Wednesday that it was seeing "green shoots" after the COVID-19 pandemic led to a virtual halt of air travel, with some of its airline customers reporting that reservations are now outpacing cancellations for the first time since the pandemic started.
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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Scientists are revising the timeline of how the virus spread. Education Secretary Betsy DeVos said she would direct public school districts to share federal aid with private schools.
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European shares rose for a fourth
straight session on Thursday and the euro perched at a two-month
high, as businesses returning to work and a 750 billion euro EU
stimulus plan outweighed rising U.S.-China tensions.
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Dollar Tree Inc. shares jumped 3.4% in Thursday premarket trading after the discount retailer reported first-quarter earnings and sales that beat expectations. Net income totaled $247.6 million, or $1.04 per share, down from $267.9 million, or $1.12 per share, last year. Sales totaled $6.29 billion, up from $5.81 billion last year. The FactSet consensus was for EPS of 85 cents and sales of $6.14 billion. Same-store sales increased 7%, with Family Dollar up 15.5% and the namesake Dollar Tree down 0.9%. Dollar Tree's same-store sales were hurt by declines during the Easter holiday, with the party, candy and Easter categories down 490 basis points, according to a statement from Mike Witynski, enterprise president of the company. However, the chain bounced back with discretionary sales improving for things like Mother's Day, balloons and graduation, according to Gary Philbin, chief executive of Dollar Tree. "With more than 38 million Americans filing unemployment claims in the past nine weeks, we believe that Dollar Tree and Family Dollar are part of the solution to help millions of families stretch their budgets to help make ends meet," Philbin said in a statement. Dollar Tree's portfolio of stores are considered essential businesses with all 15,300-plus stores open for business. Store hours have been modified for cleaning and restocking, contactless payment options have been added and other measures taken in light of the coronavirus pandemic. Dollar Tree previously withdrew its guidance, and expects capex for the year of $1.0 billion compared with the previous expectation of $1.2 billion. Dollar Tree ended the quarter with $1.76 billion in cash after drawing down $750 million from its revolving line of credit. Dollar Tree stock is down 7% for the year to date while the S&P 500 index has fallen 6% for the period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this n
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Stifel's Barry Bannister lifts his target for the S&P 500 to 3,250, citing signs the worst of the economic hit from the COVID-19 pandemic are past.
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 Boeing Co (BA) announced that it is laying off another 6,770 employees in the U.S. as the U.S. planemaker is cutting costs to cope with the impact that the coronavirus pandemic is having on the aviation industry.Boeing said it is taking these streamlining measures as travel restrictions tied to the coronavirus pandemic have resulted in a deep cut in the number of commercial jets and services its customers need over the next few years. Earlier this month, the planemaker reported that it did not receive a single order in April, while it was also grappling with 108 order cancelations for its grounded 737 MAX plane.In response to the aviation crisis, Boeing announced in April that it would slash 10% of its global workforce of 160,000 by the end of this year.In a separate statement, the ailing planemaker said it has restarted 737 MAX production at its factory in Renton, Washington, albeit at a low rate and is planning to gradually ramp up production this year. Temporary suspension of production had begun in January after the company grounded the 737 MAX jet last year following a second crash."We are seeing some green shoots. Some of our customers are reporting that reservations are outpacing cancellations on their flights for the first time since the pandemic started," Boeing President and CEO Dave Calhoun wrote in a letter to employees. "Some countries and U.S. states are starting cautiously to open their economies again. And some parts of our business, most notably on the defense side, will continue hiring to meet custome
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Asian shares erased gains
and the yuan languished on Thursday on growing worries China's
planned security law for Hong Kong would spark a broader
diplomatic confrontation with the United States.
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The stocks making the biggest moves in premarket trading include Abercrombie & Fitch, Dollar General, Amazon, and more.
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 Dow futures pointing to more reopening optimism on Wall Street
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Companies hungry for dollar funds to see themselves through coronavirus crisis
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Shares rose in Tokyo and Sydney, but fell in China and Hong Kong, where tensions are flaring over Beijing's effort to exert more control over the former British colony.
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CDC Undercuts Utility Of Antibody Tests As Key COVID-19 Tool | Rachel Maddow | MSNBC MSNBCCDC advises on steps to take if you've tested positive for coronavirus or have COVID-19 symptoms Yahoo LifestyleDon't waste coronavirus tests on those already showing symptoms. There's a smarter way. USA TODAYInfectious disease doctor, state epidemiologist, CDC cast doubt on accuracy of COVID-19 antibody tests fox13now.com
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Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.
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Analysts remain wary that US-China tensions could derail market rally
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Mark Zuckerberg called out his social-media rival on Wednesday, saying Twitter Inc. should not be fact-checking President Donald Trump — or anybody.
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Boeing is building the 737 Max again even though it is not yet approved to fly CNNWhy Shares of Spirit AeroSystems Were Up Today Motley FoolBoeing to resume 737 Max production CNBC TelevisionBoeing cutting more than 12,000 U.S. jobs, thousands more planned ReutersBoeing set to start voluntary layoffs: Report Yahoo FinanceView Full Coverage on Google News
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"I'm betting the field will be spread out by the time we get to the homestretch, and many of the current winners will fall behind," the "Mad Money" host said.
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Zuckerberg knocks Twitter for fact-checking Trump, says private companies shouldn't be 'the arbiter of truth' Fox NewsTrump to sign executive order on social media amid Twitter furor POLITICOTrump slams Twitter and leads us off on another diversion Los Angeles TimesTrump's ‘Horrifying Lies' About Lori Klausutis May Cross a Legal Line The New York Times
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The Florida resort is one of the largest tourist sites in the world, but capacity will be limited, face masks will be mandatory, and it won't be possible to get up close and personal with characters.
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Box Inc. shares climbed 6% in the extended session Wednesday after the enterprise-content platform reported fiscal first-quarter results that illustrated hunger among large customers for work-collaboration technology that, in turn, exceeded Wall Street estimates.
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Stocks rose for a second day on optimism about the reopening of the economy. However, a decline in tech shares kept the gains in check.
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Democrats want to extend the payout window, but Republicans say the benefits are too rich.
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Huawei Technologies Co's Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face bank fraud charges, dashing hopes for an end to her 18-month house arrest in Vancouver.
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Both nations are indispensable, so companies face a two-track world
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