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U.S. jobless claims top six million for second straight week

A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the novel coronavirus outbreak relentlessly savages the economy......»»

Category: topSource: reutersApr 9th, 2020

How the Navy"s response to an aircraft carrier"s coronavirus outbreak spiraled out of control and led Trump"s top Navy official to resign

US Navy The Navy reported the first coronavirus cases aboard the aircraft carrier USS Theodore Roosevelt on March 24. Two weeks later, on April 7, the acting Navy secretary resigned. Here is a timeline of the developments that .....»»

Category: topSource: businessinsiderApr 7th, 2020

Boeing to temporarily suspend Philadelphia area operations amid coronavirus outbreak

Boeing Co said on Thursday it will temporarily suspend production at facilities in Ridley Township, Pennsylvania, amid the ongoing coronavirus pandemic, adding that the suspension will last two weeks, with work to resume on April 20......»»

Category: topSource: reutersApr 2nd, 2020

Sacramento announces businesses selected for COVID-19 economic relief loans

Using $1 million it set aside a few weeks after the COVID-19 outbreak, the city of Sacramento has awarded 101 small local businesses with loans. “While these 101 businesses are going to get help, there is still a tremendous amount of need out .....»»

Category: topSource: bizjournalsApr 2nd, 2020

Mike Pence just said the US is "most comparable" to Italy now after the White House downplayed the coronavirus threat for weeks

Carolyn Kaster/AP Vice President Mike Pence conceded on Wednesday that the US' coronavirus outbreak may be "most comparable" to Italy, the hardest-hit country in the world.  "We think Italy may be the most comparable area to the United States at.....»»

Category: topSource: businessinsiderApr 1st, 2020

Market Snapshot: Dow slides more than 700 points as Trump’s warning on coronavirus puts investors on edge

Stocks fall Wednesday after the U.S. market logged its worst quarterly performance since 2008, with President Donald Trump warning that a “very, very painful” two weeks lies ahead for the country in face of a rapidly spreading COVID-19 outbreak......»»

Category: topSource: marketwatchApr 1st, 2020

Task force paints grim picture of U.S. death toll in coming weeks

As New York navigates the coronavirus<…; crisis, Gov. Andrew Cuomo and lawmakers are trying to find their way forward on a despite uncertainty about the size of the financial toll the outbreak... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

Market Snapshot: Dow slides more than 600 points as Trump’s warning on coronavirus puts investors on edge

Stocks fall early Wednesday after the U.S. market logged its worst quarterly performance since 2008, as President Donald Trump warned that a “very, very painful” two weeks lies ahead for the country in face of a rapidly spreading COVID-19 outbreak......»»

Category: topSource: marketwatchApr 1st, 2020

"Soggy start to April": Stocks plunge as coronavirus ravages US and hammers Asian manufacturing

Reuters/Brendan McDermid Stocks dropped on Wednesday as investors worried about the novel coronavirus outbreak in the US and a sharp slowdown in Asian manufacturing. President Donald Trump warned of a "very painful" two weeks to come as government scie.....»»

Category: topSource: businessinsiderApr 1st, 2020

Trifecta sees demand spike for its home-delivered meals amid COVID-19 outbreak

The Sacramento-based company has added more than 100 workers in the past two weeks at its meal assembly kitchen in Anaheim......»»

Category: topSource: bizjournalsMar 30th, 2020

Trump extends social distancing guidelines until April 30, says the coronavirus peak likely to hit in 2 weeks

Screenshot/White House President Donald Trump extended federal social distancing guidelines to April 30. He also said the coronavirus outbreak in the US is likely to peak in two weeks. Visit Business Insid.....»»

Category: topSource: businessinsiderMar 29th, 2020

Trump extends social distancing guidelines until April 30, says coronavirus peak likely to hit in 2 weeks

Screenshot/White House President Donald Trump extended social distancing guidelines on Sunday night. He also said the coronavirus outbreak in the US is likely to peak in two weeks. Vi.....»»

Category: topSource: businessinsiderMar 29th, 2020

Travelex shuts UK foreign exchange bureaus, starts talks on funding

Foreign exchange company Travelex on Friday said it has shut all its UK foreign exchange bureaus for around eight weeks due to the coronavirus outbreak and started discussions with its stakeholders for continued access to funds......»»

Category: topSource: reutersMar 27th, 2020

Lenovo restarts Wuhan plant production

Lenovo will resume about 60% of production at its Wuhan, China plant by the end of March, with the facility set to return to full production by mid April following weeks of suspension in the wake of the coronavirus outbreak, according to the company......»»

Category: topSource: digitimesMar 27th, 2020

Philadelphia "hospital room in a box" company wants to join COVID-19 battle

Concerns about hospital bed capacity during the coronavirus outbreak have one Center City CEO’s phone ringing and ringing. Grant Geiger, the founder and CEO of EIR Healthcare, said in recent weeks he has heard from people ranging local hospital ex.....»»

Category: topSource: bizjournalsMar 26th, 2020

Americans think the coronavirus outbreak will last another 10 weeks, but Republicans are more optimistic

Associated Press The nationwide outbreak of COVID-19 has radically transformed American society as schools close, workers are sent home, and millions find themselves suddenly out of a job. Insider co.....»»

Category: topSource: businessinsiderMar 25th, 2020

One map shows how many coronavirus tests each US state has done so far

Jim Urquhart/Reuters The coronavirus outbreak in the US continues to grow, and after weeks of delays, large-scale testing has started to be rolled out in several state.....»»

Category: topSource: businessinsiderMar 23rd, 2020

Boeing to shut down all Puget Sound operations for two weeks following death of employee

The move affects up to 70,000 employees in the Puget Sound region, a national hot spot for the coronavirus outbreak. Boeing said workers would receive paid leave during the halt......»»

Category: topSource: washpostMar 23rd, 2020

Virgin companies to invest $250 million to save jobs after virus outbreak: Branson

British entrepreneur Richard Branson said on Sunday companies in his Virgin empire will be investing $250 million in coming weeks and months to save jobs from the impact of the coronavirus outbreak......»»

Category: topSource: reutersMar 22nd, 2020

The UK has just 2 weeks to stop a coronavirus outbreak as bad as Italy"s. Why time"s running out.

Getty The UK is just two weeks away from a coronavirus outbreak as bad as Italy's......»»

Category: topSource: businessinsiderMar 22nd, 2020