Finland lowers bank buffers in coronavirus response, prepares to close borders
Finland decided late on Tuesday to lower buffer requirements of its banks, attempting to boost the slowing economy, as the country prepared to close its borders as part of the response to slow the spread of the coronavirus.
From field hospitals to respirator masks, Pentagon wades into coronavirus support role
The Pentagon on Tuesday laid out how the U.S. military would support the medical response to the coronavirus, from using its stockpile of respirator masks to potentially building field hospitals and perhaps even deploying Navy hospital ships to reduce …
Former California congressman Hunter gets 11 months in corruption case
Former U.S. Representative Duncan Hunter, who pleaded guilty to a charge of campaign finance fraud, was sentenced on Tuesday to 11 months in federal prison in a corruption case that ended the California Republican’s once-promising political career.
Amazon warehouses receive only vital supplies in U.S., Europe amid coronavirus
Amazon.com Inc will only receive vital supplies at its U.S. and UK and other European warehouses until April 5, its latest move to free up inventory space for medical and household goods in high demand as a result of the coronavirus outbreak.
Half of all Americans support aggressive steps to slow coronavirus in the U.S.: Reuters poll
Roughly half of all Americans want the U.S. government to act more aggressively to slow the spread of the coronavirus, such as banning large public gatherings and shutting down all overseas flights, according to a Reuters/Ipsos poll released on Tuesday…
The White House wants to give you $1,000. Here’s how it could work
As the coronavirus threatens to push the global economy into recession, the Trump administration is rolling out an unusual idea: handing out free money.
U.S. hotel, travel industry ask for bailout as job cuts begin
American hotel and travel industry executives from companies such as Marriott and Hilton met with U.S. President Donald Trump on Tuesday to discuss a potential $250 billion aid package, as thousands of hotel workers began furloughs due to the fast-spre…
Some State Department employees have tested positive for coronavirus – Pompeo
A handful of U.S. State Department employees across the globe have tested positive for the new coronavirus, Secretary of State Mike Pompeo said on Tuesday.
‘We’re going big’: Trump seeks economic stimulus as U.S. battles coronavirus
The Trump administration on Tuesday pursued a $850 billion stimulus package to buttress an economy hit by coronavirus fears and mulled sending Americans $1,000 checks within two weeks, while New York considered directing residents of the most populous …
U.S. Senate’s McConnell says ‘not leaving town’ until coronavirus aid bill is passed
U.S Senate Majority Leader Mitch McConnell said on Tuesday “we’re not leaving town” until senators have passed another coronavirus aid bill.
