Fed’s Kashkari says Trump’s ‘staged approach’ to reopen economy makes sense
President Donald Trump’s plan for reopening the U.S. economy following the novel coronavirus pandemic “makes sense” and is consistent with the advice of health experts, Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with …
Factbox: Trump’s coronavirus reopening guidelines
President Donald Trump rolled out his guidelines for how the United States can reopen businesses and schools shut down by the coronavirus Thursday evening.
Trump unveils three-stage process for states to end coronavirus shutdown
President Donald Trump laid out new guidelines on Thursday for U.S. states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive the U.S. economy even as the country continues to fight the pandemic.
U.S. House Speaker Pelosi says Trump guidelines ‘vague and inconsistent’
U.S. House Speaker Nancy Pelosi on Thursday called President Donald Trump’s guidelines for reopening the economy “vague and inconsistent” and said more coronavirus testing needed to be done.
Report says COVID-19 patients respond to Gilead’s remdesivir, shares surge
Gilead Sciences Inc’s shares surged 16% in after hours trading on Thursday following a media report detailing encouraging partial data from trials of the U.S. company’s experimental drug remdesivir in severe COVID-19 patients.
Asian stocks set to rise as markets brace for China GDP data
Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street’s lead overnight, sought silver linings in a run of data that showed the world is in its worst recession in decades.
Futures jump late following data on potential virus treatment, Trump guidelines
U.S. stock index futures jumped in late trading on Thursday after a report of promising early data related to a potential COVID-19 treatment from Gilead Sciences and as guidelines for re-opening the U.S. economy came from the White House.
Carnival CEO defends company’s safety record as cruise industry remains grounded
Carnival Corp Chief Executive Officer Arnold Donald defended the company’s safety record on Thursday, telling reporters in a media call that Carnival followed protocols from international authorities while handling high-profile coronavirus outbreaks aboard two of its ships.
Boeing restarting commercial airplane production next week
Boeing Co said it will resume commercial airplane production next week in Washington state after suspending operations last month in response to the coronavirus pandemic, and the company’s chief executive told employees the aerospace industry will need…
Trump announces plan to reopen virus-ravaged U.S. economy
U.S. President Donald Trump laid out guidelines on Thursday for reopening the coronavirus-ravaged U.S. economy, saying states should take a phased approach to let Americans return to work as conditions allow.