Mar 20 States still reporting surge in virus-related jobless claims By David A. Lieb, Associated Press The U.S. Department of Labor on Thursday had reported a 25% increase in new unemployment claims during the week that ended last Saturday. Continue reading
Mar 20 PG&E reaches bankruptcy deal with California governor By Don Thompson, Daisy Nguyen, Associated Press California Gov. Gavin Newsom and Pacific Gas & Electric have reached a deal for the nation's largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires. Continue reading
Mar 20 Imports of medical supplies plummet as demand in U.S. soars By Martha Mendoza, Juliet Linderman, Associated Press The materials are critical to containing the highly contagious coronavirus as emergency rooms and clinics brace for a surge. Continue reading
Mar 20 Federal Reserve to lend additional $1 trillion a day to large banks By Christopher Rugaber, Associated Press The Federal Reserve has moved with unprecedented force and speed to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak. Continue reading
Mar 20 Happy hours go virtual amid novel coronavirus crisis By Alanna Durkin Richer, Associated Press Video chat happy hours have popped up all over social media as communities have closed bars and restaurants to all but delivery and takeout and banned large gatherings in an attempt to slow the spread of the virus. Continue reading
Mar 20 Zimbabwe has 1st COVID-19 case while Africa cancels flights By Cara Anna, Farai Mutsaka, Associated Press The health minister says the infected man lives in Victoria Falls, one of Africa's most visited tourist destinations. Continue reading
Mar 20 The U.S. has $23.5 trillion in debt, so how can it still afford a big coronavirus stimulus package? By William D. Lastrapes, The Conversation The Trump administration is asking for $850 billion in stimulus spending to address the coronavirus pandemic. Continue reading
Mar 20 Minor league advocacy group demands $15,000 salaries By Jake Seiner, Associated Press Many have been shut out of their spring training camps due to the coronavirus pandemic, despite relying on those complexes for food, training facilities and often housing. Continue reading
Mar 20 As virus grips nation, advocates move to halt evictions By Kat Stafford, Aaron Morrison, Associated Press President Donald Trump has announced a package that suspends evictions and foreclosures for 60 days. But the vast majority of renters, who are generally low income and disproportionately African American, Latino and other minorities, will not be covered. Continue reading
Mar 20 Stocks give up gains after New York tightens virus clampdown By Alex Veiga, Associated Press The Dow Jones Industrial Average erased an early gain of 444 points and was down 180 points, or 0.9%, in afternoon trading. Continue reading