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Forbes HeadlinesAug 06, 2020
Trump Is Framing Major Coronavirus Developments In Terms Of Election Day
Trump said Monday ‘it's possible I get involved' in the vaccine distribution process amid concerns amid concerns about politicization.

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Coronavirus latest: Ohio governor tests positive ahead of Trump meeting (FT.com - US)
Ohio Gov. Mike DeWine tests positive for coronavirus - CNN (Google Business News)

Google Business NewsAug 06, 2020
Josh Martinez Axed from 'Big Brother' Over Positive COVID-19 Test - TMZ
Josh Martinez Axed from 'Big Brother' Over Positive COVID-19 Test  TMZ'Big Brother' returns with color-coded pods and no hugs amid coronavirus pandemic  CNN'Big Brother: All-Stars' cast photo gallery revealed  EW.comBig Brother All-Stars Premiere Season 22, Episode 1: Unfair Challenge, Technical Problems  TooFab'Big Brother 22': How Will COVID-19 Make This Season Different

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Coronavirus In Minnesota: MDH Reports 800 Additional COVID-19 Cases And 7 More Deaths - CBS Minnesota (Google Business News)

MarketWatchAug 06, 2020
Market Snapshot: U.S. stocks punch higher in late trade, Nasdaq ends at fresh record as Congress works on more fiscal stimulus
U.S. stocks finished higher Thursday, led by technology shares, after lawmakers pledged to keep working on another coronavirus financial-aid package and President Donald Trump said he could issue executive orders on some relief measures.

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Stocks end higher on tech-led gains as Nasdaq scores another record (MarketWatch MarketPulse)

Google Business NewsAug 06, 2020
U.S. weekly jobless claims total 1.186 million, lowest level of the coronavirus pandemic - CNBC
U.S. weekly jobless claims total 1.186 million, lowest level of the coronavirus pandemic  CNBCOver 1.18M Americans filed for unemployment last week, lowest level since pandemic began  Fox BusinessU.S. Jobless Claims Fell to 1.2 Million in Aug. 1 Week  The Wall Street JournalAnother 1.2 million Americans filed for unemployment benefits last week  CNNStates where expired unemployment benefits will hurt most  MSN Money

Entrepreneur.comAug 06, 2020
Facebook and Twitter Crack Down on Trump Accounts Over 'Harmful' COVID-19 Claim
The social networks pulled the same clip of the president suggesting children are "almost immune" to novel coronavirus.

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Trump camp fires back at Facebook, Twitter for deleting Trump's post - Fox News (Google Business News)

MarketWatch MarketPulseAug 06, 2020
Eventbrite shares rise 5% on earnings beat
Eventbrite Inc. shares were up 5% in after-hours trading Thursday after the event-management services company reported fiscal second-quarter earnings that beat Wall Street estimates but a sharp decline in revenue, reflecting the devastating impact coronavirus has had on live entertainment. Eventbrite reported a loss of $38.6 million, or 44 cents a share, compared with a loss of $14.8 million, or 18 cents a share, in the year-ago quarter. Revenue plunged 90% to $8.4 million from $80.8 million a year ago. The company did say its expense reduction plan, announced in April, "remains on track to yield at least $100 million in annualized expense savings by the fourth quarter of this year." Analysts surveyed by FactSet had expected a loss of 50 cents a share on sales of $13.5 million. Eventbrite shares are down 57% this year. The broader S&P 500 index is up 3.7% in 2020.

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.



MarketWatch MarketPulseAug 06, 2020
Coronavirus tally: Global cases of COVID-19 top 18.8 million, 708,036 deaths, Fauci says pandemic may not be tamed until end 2021
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 18.8 million on Thursday, according to data aggregated by Johns Hopkins University, and the death toll rose to 708,036. At least 11.3 million people have recovered. The U.S. case tally climbed to 4.8 million and the death toll rose to 158,256. President Donald Trump said again Wednesday that the virus will go away soon, while Dr. Anthony Fauci, head of the National Institute for Allergies and Infectious Diseases, said it may not be brought under control until late 2021. Brazil is second to the U.S. with 2.9 million cases and 97,256 deaths. India is third measured by cases at 1.9 million, followed by Russia with 870,187 and South Africa with 529,877. Mexico has 456,100 cases and 49,698 deaths, the third highest in the world. The U.K. has 307,271 cases and 46,295 fatalities, the highest in Europe and fourth highest in the world. China, where the illness was first reported late last year, has 88,423 cases, and 4,678 fatalities.|

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.



Automotive News Breaking NewsAug 06, 2020
TrueCar to sell ALG to J.D. Power for $135 million
The sale comes as the vehicle-listings provider looks to strengthen its balance sheet in part because of the coronavirus pandemic.



RELATED ARTICLES
Coronavirus updates: Top lawmakers believe relief bill can get done; another 1.2 million file for unemployment (CNBC Business)

Yahoo BusinessAug 06, 2020
Uber posts 1.8B loss in Q2 but deliveries skyrocket during coronavirus
Uber is set to report its Q2 2020 earnings after the bell on Thursday.


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Stock Rally Is Driving Billions Into Funds That Limit Losses (Yahoo Business)

Wall Street Journal US BusinessAug 06, 2020
Democrats Say Trump's Powers Are Limited on Coronavirus Stimulus
Democratic negotiators dismissed the idea that President Trump could unilaterally provide new jobless aid and cut taxes in the absence of a deal in Congress, where a fundamental clash over the size of the next coronavirus-aid package have brought talks to a stalemate.

Google Business NewsAug 06, 2020
Coronavirus live updates: New York City sets up checkpoints; Dr. Deborah Birx's 'different' outbreak; LA cutting power to party houses - USA TODAY
Coronavirus live updates: New York City sets up checkpoints; Dr. Deborah Birx's 'different' outbreak; LA cutting power to party houses  USA TODAYFauci, Birx Warn Atlanta, Baltimore and 7 Other Cities of 'Trouble Ahead'  NewsweekBirx warns 9 cities, California's central valley about increasing coronavirus cases  CNNBirx warns of uptick in coronavirus cases in 9 cities | TheHill  The Hill

Wall Street Journal US BusinessAug 06, 2020
Glencore Scraps Dividend, Posts Loss as Coronavirus Saps Demand
Commodities giant Glencore reported a loss for the first half of the year and scrapped its dividend, as the coronavirus pandemic sapped demand and lowered prices and production at its mining division.

CNBC BusinessAug 06, 2020
Gilead says it will be able to make enough remdesivir to meet global coronavirus demand in October
Gilead said it plans to produce more than 2 million treatment courses of the drug by the end of the year and anticipates being able to produce "several million more" in 2021.

MarketWatch MarketPulseAug 06, 2020
ViacomCBS shares soar 6% premarket after earnings top estimates despite ad slowdown
ViacomCBS Inc. shares rose 6% premarket Thursday, after the company posted better-than-expected profit and sales for the second quarter, even as the coronavirus pandemic hurt advertising revenue. The company said it had net income of $478 million, or 77 cents a share, in the quarter, down from $971 million, or $1.57 a share, in the year-earlier period. Adjusted per-share earnings came to $1.25, ahead of the 95 cents FactSet consensus. Revenue fell 12% to $6.275 billion from $7.143 billion, also ahead of the FactSet consensus of $6.181 billion. "Despite the impact of COVID-19 on revenue in the quarter, we're successfully managing through the effects of the pandemic, reaffirming the strength of our combined operations," Chief Executive Bob Bakish said in a statement. Affiliate revenue rose 2%, while advertising revenue fell 27%, hurt as COVID-19 dampened global demand. Domestic streaming and digital video revenue rose 25% to $489 million. Content licensing revenue was flat, and theatrical revenue was "immaterial" with cinemas closed during the pandemic. Publishing revenue fell 8%, driven by lower print book sales. The company said it's on track with the rebrand and relaunch of CBS All Access in early 2021. Shares have fallen 38% in the year to date, while the S&P 500 has gained 3%.

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.



MarketWatchAug 05, 2020
Coronavirus update: Global death toll tops 700,000 with 18.5 million confirmed cases and U.S. accounts for more than a quarter
The number of confirmed deaths across the globe from the coronavirus illness COVID-19 climbed above 700,000 on Wednesday, according to data aggregated by Johns Hopkins University, as the case tally climbed above 18.5 million, with the U.S. accounting for 4.77 million of that total, or more than a quarter.

WSJ MoneyBeatAug 05, 2020
WSJ Wealth Adviser Briefing: Office Markets Pressured, Microsoft Expansion Plans, Strains on Marriages
Office markets came under pressure as coronavirus squeezed cities; Microsoft CEO Satya Nadella planned to use potential TikTok deal as way to expand audience, and the pandemic has put a strain on marriages.

Accounting TodayAug 05, 2020
Private sector added 167,000 jobs in July, says ADP
Job growth slowed in July as a result of the novel coronavirus pandemic.

Wall Street Journal US BusinessAug 05, 2020
Facebook, Twitter Take Down Trump Video
Facebook and Twitter removed a video posted by President Trump in which he said children are "almost immune" from Covid-19, a claim that the companies said ran afoul their rules against harmful misinformation about coronavirus.
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