Mar 16 U.S. airlines seek billions in aid as outbreak cripples travel By David Koenig, Associated Press U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus. Continue reading
Mar 16 D.C. closes gyms, theaters, orders takeout only in restaurants By Ashraf Khalil, Associated Press Mayor Muriel Bowser says she is also placing local National Guard units on standby, but not actively deploying them yet. Continue reading
Mar 16 Watch 4:30 What lessons from 2008 financial crisis can be applied to coronavirus economic fallout? Financial panic rocked world markets Monday. All three major U.S. stock indices were down over 10 percent, despite extraordinary action Sunday by the Federal Reserve to cut a key interest rate to zero. But the painful economic implications of the… Continue watching
Mar 16 Amazon seeks to hire 100,000 to keep up with surge in orders By Joseph Pisani, Associated Press The Seattle-based company said the job openings are for a mix of full-time and part-time positions and include delivery drivers and warehouse workers, who pack and ship orders to shoppers. Continue reading
Mar 16 Stocks plunge as Wall Street, White House see recession risk By Stan Choe, Damian J. Troise, Associated Press The losses accelerated in the last hour of trading as President Donald Trump advised Americans to avoid large gatherings. He also said he sees a chance of recession and promised help to the struggling airline industry. Continue reading
Mar 16 France to 'strongly reduce' movement to slow spread of novel coronavirus By Thomas Adamson, Lorne Cook, Samuel Petrequin, Associated Press He says residents will only be permitted to leave their homes for necessary trips such as going to work or the supermarket. Continue reading
Mar 16 France fines Apple $1.2 billion for anti-competitive acts By Associated Press It was the biggest-ever such sanction by France's Competition Authority. Calling the fine "disheartening," Apple defended its operations saying its "investment and innovation supports over 240,000 jobs across the country."… Continue reading
Mar 16 WATCH: Trump urges social distancing, warns COVID-19 could disrupt U.S. until August By Jonathan Lemire, Andrew Taylor, Jill Colvin, Associated Press Trump admin: Public should avoid gatherings larger than 10 people, cancel discretionary travel in bid to slow outbreak. Continue reading
Mar 16 Virus fears fuel spike in sales of guns and ammunition By Lisa Marie Pane, Associated Press Some of the purchases are by people buying their first firearm. Others are from existing gun owners adding to their collection or stocking up on ammunition. Continue reading
Mar 16 Millions holed up at home as virus profoundly shifts U.S. life By Tim Sullivan, Terry Spencer, Associated Press Millions of Americans have begun their work weeks holed up at home, as the coronavirus pandemic means the entire nation's daily routine has shifted in ways never before seen in U.S. history. Continue reading