Mar 23 Ontario to close all non-essential businesses By Rob Gillies, Associated Press Ontario Gov. Doug Ford said Monday he will release the list of businesses that will be allowed to stay open, but food will remain on the grocery store shelves and people will still have access to medication. Continue reading
Mar 23 Stocks fall, despite federal aid as traders wait for Congress By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Earlier, markets got a bump following the Federal Reserve's latest massive announcement of support. But the gains quickly vanished. Continue reading
Mar 23 Over 1.5 billion globally asked to stay home to escape virus By Lori Hinnant, Foster Klug, Associated Press The hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe, as more than 1.5 billion people — one-fifth of the world's population — were asked or ordered to stay home on Monday to try to blunt… Continue reading
Mar 23 Fed to buy as much government debt as needed to aid economy By Christopher Rugaber, Associated Press The Fed's announcement Monday removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the viral outbreak. Continue reading
Mar 21 Economic rescue tops $1 trillion as negotiations continue By Associated Press Top-level negotiations between Congress and the White House pushed into the night Saturday on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. Continue reading
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