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Coronavirus clue? Most cases aboard U.S. aircraft carrier are symptom-free
Sweeping testing of the entire crew of the coronavirus-stricken U.S. aircraft carrier Theodore Roosevelt may have revealed a clue about the pandemic: The majority of the positive cases so far are among sailors who are asymptomatic, officials say.
Millions unemployed, homebuilding collapses as coronavirus ravages U.S. economy
A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, almost wiping out all the job gains since the Great Recession and underscoring the toll on the economy from extraordinary measures to control the novel coronavirus outbreak.
Isntant View: China's first-quarter GDP posts first decline on record as virus shuts down economy
China's economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began.

TODAY

In Modi's India, virus fallout inflames divisions between Muslims and Hindus
The purple ink stamped on Iqbal Hussain Siddiqui's hand by Indian health workers was supposed to ensure he stayed home under quarantine.
Protests erupt along Mexican border after Honeywell, Lear worker deaths
A spate of suspected coronavirus deaths among workers for U.S. companies operating along the border in Mexico has triggered multiple protests in recent days, highlighting friction over which factories should remain open in the pandemic.
China crude oil runs hit 15-month low as virus cripples demand
China's daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there are some signs of recovery as the country begins to ease virus-related curbs.
Hobbled by coronavirus, China's first-quarter GDP shrinks for first time on record
China's economy shrank for the first time in almost three decades of records in the first quarter, as the coronavirus paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses.
Asia shares up as plans to re-open U.S economy offset record slump in China GDP
Asian stocks gained on Friday as President Donald Trump's plans to gradually re-open the U.S. economy offset data that showed China suffered its worst economic contraction on record due to the coronavirus outbreak.
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.
Ex-Trump lawyer Cohen to be released due to coronavirus outbreak - sources
Michael Cohen, the former personal attorney to U.S. President Donald Trump, will be released early from prison because of the coronavirus pandemic, two sources familiar with the matter told Reuters late on Thursday.
Japan airlines keep most domestic flights despite few takers for seats
Japan's top airlines are operating a majority of their domestic capacity even though the coronavirus outbreak has left seats on flights mostly empty, amid a lack of clear government directives on the functioning of transport infrastructure in the crisis.
China's long-term growth will not be affected by COVID-19: stats bureau
China's long-term growth potential will not be affected by the short-term impact of the coronavirus pandemic, a spokesman for the National Bureau of Statistics said on Friday.
China expects second quarter economic performance to be much better than first quarter
China's economic performance in the second quarter of this year is expected to be much better than in the first, the National Bureau of Statistics said on Friday.
Protests erupt along Mexican border after deaths at Honeywell, Lear
At spate of suspected coronavirus deaths among workers for U.S. companies operating along the border in Mexico has triggered multiple protests in recent days, highlighting friction over which factories should remain open in the pandemic.
Instant View: China's first-quarter GDP posts first decline on record as virus shuts down economy
China's economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began.
China March crude oil runs hit 15-month low as refiners extend output cuts
China's daily crude oil throughput in March hit the lowest level since December 2018 with state refiners maintaining deep output cuts as the coronavirus pandemic eroded fuel demand.
China posts first GDP decline on record as coronavirus cripples economy
China's economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses.
China's first-quarter GDP posts first decline on record as virus shuts down economy
China's economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began.
China March industrial output falls 1.1% year-on-year, better than forecast; first-quarter investment slides 16.1%
China's industrial output fell a less steeper-than-expected 1.1% in March from a year earlier, data from the National Bureau of Statistics showed on Friday, as the coronavirus crisis and strict containment measures severely disrupted the world's second-largest economy.
China's January-March property investment down 7.7% from a year earlier
Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday.
U.S. asks China to revise export rules for coronavirus medical gear
The United States has asked China to revise new export quality control rules for protective equipment needed during the coronavirus pandemic so they are not an obstacle to timely supplies, a spokesman for the U.S. State Department said on Thursday.
Morgan Stanley CEO: coronavirus will continue to pose challenges
Morgan Stanley Chief Executive Officer James Gorman told shareholders on Thursday he "can promise" the bank will miss its medium-term financial targets again in the current quarter, as the economic shutdown caused by the novel coronavirus will continue to upend the global and U.S. economy.
U.S. states extend coronavirus shutdown, Trump unveils plan for return
New York and six other Northeastern states on Thursday extended coronavirus stay-at-home orders to May 15, as President Donald Trump issued new federal guidelines for a cautious reopening of the economy in keeping with advice from leading public health authorities.
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 Fox News Channel on Thursday.
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.
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.
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.
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.
Trump unveils three-stage process for states to end coronavirus shutdown
U.S. President Donald Trump proposed guidelines on Thursday under which U.S. state governors could act to revive the U.S. economy from its coronavirus shutdown in a staggered, three-stage process.
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.
U.S. states extend coronavirus shutdown, Trump to unveil plan for return
The governors of New York and six other Northeastern states on Thursday extended their coronavirus stay-at-home orders to May 15, as President Donald Trump prepared to release new White House recommendations for states to follow in reopening the economy.
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 financial help from the government.
Exclusive: FDA may have dropped standards too far in hunt for chloroquine to fight coronavirus - sources
On March 21, two days after President Donald Trump first touted chloroquine drugs as a “gamechanger” in the fight against COVID-19, administration officials privately described what they felt was a “win” in the president’s efforts to build an emergency stockpile of the drugs: a hefty donation of pills from Bayer AG.
Scattered protests push back on U.S. coronavirus stay-at-home orders
As sweeping stay-at-home orders in 42 U.S. states to combat the new coronavirus have shuttered businesses, disrupted lives and decimated the economy, some protesters have begun taking to the streets to urge governors to rethink the restrictions.
World stocks gain on stay-at-home profits, bond yields slide
World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond yields fell as data reflected record U.S. joblessness.
Trump suggests U.S. states re-open economies in three phases in new guidelines
Parts of President Donald Trump's guidelines for re-opening the U.S. economy amid the coronavirus pandemic trickled out on Thursday afternoon, revealing a three-phase plan that could allow some states to begin as early as this month lifting limits meant to contain the disease's spread.
Fed's Bostic: U.S. small business may need up to $500 billion monthly in support through crisis
U.S. small businesses may need up to $500 billion a month to ensure their survival through the coronavirus crisis, the head of the Atlanta Federal Reserve Bank said on Thursday as Fed officials voiced concern over the speed and breadth of the country's fiscal response to an unprecedented economic slowdown.
Protests erupt after deaths at U.S. factories in Mexican border town
Protests have erupted outside factories in the Mexican border city of Ciudad Juarez in recent days after the deaths of several workers, including some employed by U.S. companies, from what the protesters said was the coronavirus.
Key U.S. Congressman offers remote voting proposal amid coronavirus relief haggling
A leading member of the U.S. House of Representatives recommended on Thursday a voting system to allow lawmakers to authorize other lawmakers to vote for them during the coronavirus pandemic.
Wall Street rises as Amazon and Netflix hit record highs
Wall Street rose on Thursday as Amazon.com and Netflix surged to record highs.
Top U.S. Senate Republican decries lack of progress on small business aid
The top Republican in the U.S. Senate on Thursday decried the lack of an agreement on a $250 billion emergency funding bill to help small businesses cope with the coronavirus outbreak.
U.S. CDC reports 632,548 coronavirus cases, 27,012 deaths
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 632,548 cases of coronavirus, an increase of 27,158 cases from its previous count, and said the number of deaths had risen by 2430 to 27,012.
World stocks seesaw, yields fall on dire economic outlook
World stock markets seesawed while bond yields retreated on Thursday as dire U.S. jobless data underscored a deepening downturn amid the coronavirus outbreak and tamped down investor hopes a listless economy would soon be back on its feet.
Nasdaq gains, but earnings, coronavirus worries weigh on market
The Nasdaq rose in afternoon trading on Thursday as Amazon.com and Netflix surged to record highs, while worries about first-quarter earnings weighed on the Dow and limited gains in the S&P 500.
U.S. states extend coronavirus shutdown; Trump to announce plan for return
Seven Northeastern states on Thursday extended a shutdown until May 15 to contain the coronavirus pandemic, even as President Donald Trump prepared to unveil recommendations to begin easing the lockdown in the least-affected U.S. states, possibly as early as May 1.
As economic pain deepens, protesters pushing back on U.S. stay-at-home orders
As sweeping stay-at-home orders in 42 U.S. states to combat the coronavirus have shuttered businesses, disrupted lives and decimated the economy, protesters have begun taking to the streets to urge governors to rethink the restrictions.
Senator Warren takes Treasury, Fed to task over 'little oversight' of stimulus programs
U.S. Senator Elizabeth Warren chastised the Federal Reserve and Treasury Department on Thursday over their rollout of massive stimulus programs designed to help businesses weather the global coronavirus pandemic, saying they were failing to protect workers.
Coronavirus set to usher in big changes at U.S. offices
The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate circles.
Exclusive: As the U.S. shut down, Trump's legal fight to build wall ramped up
Even as the Trump administration was struggling to deal with the coronavirus outbreak, it was ramping up efforts to seize land along U.S. southern border to build a wall and fulfill a major campaign promise, a Reuters review of federal court records shows.
New York coronavirus hospitalizations fall, New Jersey launches nursing home probe
The number of people hospitalized for the novel coronavirus and related deaths in New York fell to their lowest levels in more than a week, adding to evidence the hardest-hit state was controlling its spread, Governor Andrew Cuomo said on Thursday.
U.S. lawmakers argue over coronavirus response as small business program runs out
U.S. lawmakers argued Thursday about what the next coronavirus rescue package should include as a program to help small businesses ran out of money and the economy continued to struggle from a monthlong shutdown.
U.N. warns economic downturn could kill hundreds of thousands of children in 2020
Hundreds of thousands of children could die this year due to the global economic downturn sparked by the coronavirus pandemic and tens of millions more could fall into extreme poverty as a result of the crisis, the United Nations warned on Thursday.
G7 seeks WHO review and reform, commits to coordinated virus response: White House
Leaders from the G7 group of industrialized nations on Thursday called for a review and reform process at the World Health Organization and agreed to ensure a coordinated global approach to the coronavirus pandemic, the White House said.
Seven U.S. states extend coronavirus shutdown to May 15, as Trump prepares to map out plan
Seven Northeastern states on Thursday extended a shutdown to contain the coronavirus pandemic until May 15, even as President Donald Trump prepared to detail his plan to end the lockdown in the least-affected U.S. states as early as May 1.
Global stocks seesaw, yields fall on dire economic outlook
World stock markets seesawed while bond yields retreated on Thursday as dire U.S. jobless data underscored a deepening downturn amid the coronavirus pandemic and tamped down investor hopes a listless economy would soon be back on its feet.
Hand-holding in the pandemic: Wealth managers grapple with new reality
During the early days of March, Jill Fopiano was having trouble sleeping, waking up at 3 o'clock in the morning, maybe 4 o'clock. She'd been watching news of a virus in China, first out the corner of her eye – was this like swine flu? – then more squarely, as headlines rushed in about outbreaks on the west coast of America. Fopiano wondered, in the darkness, if she should shut down her office in B
Fed's Bostic: Small business may need up to $500 bln monthly in support through crisis
U.S. small businesses may need as much as $500 billion a month to fully ensure their survival through the widespread closures and disruptions slamming their revenue during the coronavirus crisis, Atlanta Federal Reserve bank President Raphael Bostic said Thursday.
U.S. loan program hits $350 billion cap leaving thousands of small businesses adrift
A $350 billion emergency U.S. loan program to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said on Thursday.
New York coronavirus hospitalizations keep falling, shutdown extended
The number of people hospitalized for the novel coronavirus and related deaths in New York fell to their lowest levels in more than a week, adding to evidence that the hardest-hit state was controlling its spread, Governor Andrew Cuomo said on Thursday.
Exclusive: Bayer's chloroquine donation to U.S. raises concern about FDA standards in pandemic
On March 21, two days after President Donald Trump first touted chloroquine drugs as a “gamechanger” in the fight against COVID-19, administration officials privately described what they felt was a “win” in the president’s efforts to build an emergency stockpile of the drugs: a hefty donation of pills from Bayer AG.
U.S. small-business rescue loan program hits $350 billion cap, says government
A $350 billion emergency U.S. loan program designed to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said in an email on Thursday.
Trump to push for reopening economy despite coronavirus testing concerns
President Donald Trump on Thursday is expected to lay out a strategy to phase out the month-long economic shutdown aimed at stanching the coronavirus pandemic, despite concerns from health experts, state governors and business leaders about the dangers of lifting restrictions without widespread testing in place.
Michigan residents sue Governor Whitmer over coronavirus pandemic orders
Michigan Governor Gretchen Whitmer faces at least two federal lawsuits challenging her April 9 executive order to combat the coronavirus outbreak, including requirements that residents stay at home and most businesses close.
U.S. telling lenders small business fund to run dry imminently: source
The U.S. Small Business Administration is telling lenders a $350 billion emergency loan program for small businesses designed to help them keep workers on their payrolls is expected to run out of funds imminently, a source familiar with the situation said.
S&P 500, Dow slip on grim earnings, coronavirus worries
The S&P 500 and Dow Jones slipped on Thursday, giving up early gains as concerns about dismal first-quarter earnings and lasting economic damage from the coronavirus pandemic offset better-than-expected weekly jobless claims numbers.
As the U.S. shut down, Trump's legal fight to build wall ramped up
Even as the Trump administration was struggling to deal with the coronavirus outbreak, it was ramping up efforts to seize land along U.S. southern border to build a wall and fulfill a major campaign promise, a Reuters review of federal court records shows.
From home to hospital: Giving birth during the U.S. coronavirus outbreak
As a first-time mother with no idea what to expect, Nancy Pedroza was convinced the hospital was the safest place to have her baby.
Wall Street rises on hopes of lockdown easing, jobless claims
U.S. stock markets opened higher on Thursday as data showed weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would push to 

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