Tag Archives: Update

Coronavirus Update: Covid-19 Treatment Hopes, Aerospace Survival Plans

Regulators weigh greenlighting the emergency use of a Gilead drug as Los Angeles starts offering free coronavirus tests; Boeing and Airbus plan to cut thousands of jobs; Elon Musk rails against lockdown measures. WSJ’s Shelby Holliday has the latest on … Continue reading

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Coronavirus Update: U.S. GDP Hit, Meat Plants to Remain Open

The U.S. economy shrank at a 4.8% pace in the first quarter as many companies report losses, President Trump’s action to keep meat-processing plants open is criticized by unions, and labs say Covid-19 testing capacity is unused. WSJ’s Shelby Holliday … Continue reading

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Coronavirus Update: Testing Blueprint Announced, Airlines Require Face Masks

The Trump administration says it’s set to send states enough tests to screen at least 2% of their populations, airlines urge passengers to mask up, and Detroit car makers set May 18 as U.S.-factory restart day. WSJ’s Shelby Holliday has … Continue reading

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Coronavirus Update: Reopening Fears, Farmers Forced to Destroy Crops

The U.S. and other countries start easing lockdown restrictions amid fears of new infections, supply chain disruptions force farmers to destroy their crops, and Boris Johnson returns to work. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Bryan … Continue reading

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Coronavirus Update: House Passes Aid Bill, 737 MAX Return Likely Delayed

The House has passed a $484 billion bill to help small businesses and hospitals, Boeing’s troubled 737 MAX is unlikely to win regulatory approval until August or later, holy month of Ramadan starts amid strict lockdown orders. WSJ’s Jason Bellini … Continue reading

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Coronavirus Update: Georgia’s Plan Criticized, 10,000 Nursing Home Deaths

Plans to reopen some nonessential businesses in Georgia face skepticism, Vice President Mike Pence says the coronavirus epidemic could be “largely in the past” by June, and deaths in U.S. nursing homes top 10,000. WSJ’s Jason Bellini has the latest … Continue reading

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Coronavirus Update: U.S. Weighs Oil Aid, Netflix Subscriptions Surge

As a $484 billion aid package for small businesses moves to the House, the administration weighs helping oil companies; Wisconsin’s Republicans sue over the stay-at-home order; Netflix posts breakneck subscriber growth. WSJ’s Jason Bellini has the latest on the pandemic. … Continue reading

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Coronavirus Update: Trump to Halt Immigration, States Drain Unemployment Funds

President Trump says he will temporarily suspend immigration to protect American jobs, states are quickly burning through cash for unemployment payments, and global markets drop after U.S. oil plunged below zero for the first time. WSJ’s Jason Bellini has the … Continue reading

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Coronavirus Update: Small-Business Aid Deal, Americans Fear Early Restriction Lift

The Treasury and Democrats say they are close on a new rescue deal for small businesses, debate over lockdowns ramps up as the U.S. coronavirus death toll tops 40,000, and what to expect from earnings this week. WSJ’s Jason Bellini … Continue reading

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Coronavirus Update: Trump’s Three-Phase Plan, China’s GDP Contraction

President Trump lays out guidelines to reopen the economy in three phases, China records its first-ever contraction in quarterly GDP, and Gilead Sciences shares soar on hopes for a potential Covid-19 drug. WSJ’s Shelby Holliday has the latest on the … Continue reading

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