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CEOs to Congress: A lot more small businesses will fail without new aid
This article was published more than 2 years agoCommentGift ShareThe top executives of more than 100 companies — including Starbucks, Microsoft and Mastercard — and trade groups are calling on Congress to backstop .In dated Monday and addressed to congressional leaders of both parties, the executives painted a dire picture: mass business closures as coronavirus cases surge and the recession deepens.The effort spearheaded by former Starbucks chairman and CEO Howard Schultz calls for federally guaranteed loans to last into 2021; flexibility in how that money is put to use; and at least...…This article was published more than 2 years agoCommentGift ShareThe top executives of more than 100 companies — including Starbucks, Microsoft and Mastercard — and trade groups are calling on Congress to backstop .In dated Monday and addressed to congressional leaders of both parties, the executives painted a dire picture: mass business closures as coronavirus cases surge and the recession deepens.The effort spearheaded by former Starbucks chairman and CEO Howard Schultz calls for federally guaranteed loans to last into 2021; flexibility in how that money is put to use; and at least...WW…
Fauci ‘cautiously optimistic’ as coronavirus vaccination marks milestone
Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. Anthony S. Fauci, the country’s leading infectious-disease expert, said Monday that he’s “cautiously optimistic” about a potential coronavirus vaccine .Speaking on CNN, Fauci said he briefed President Trump on Monday on the 30,000-person Phase 3 trial just launched for the vaccine candidate being developed by biotech company in...…Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. Anthony S. Fauci, the country’s leading infectious-disease expert, said Monday that he’s “cautiously optimistic” about a potential coronavirus vaccine .Speaking on CNN, Fauci said he briefed President Trump on Monday on the 30,000-person Phase 3 trial just launched for the vaccine candidate being developed by biotech company in...WW…
CDC: No sign of homegrown U.S. coronavirus variant, but scientists need to look harder
This article was published more than 2 years agoCommentGift ShareMutations in the novel coronavirus and the sudden appearance of the highly contagious have become a top concern of scientists and public health officials in the United States, who are vowing to improve the spotty surveillance of the pathogen as it adapts to its human host and potentially becomes a more elusive target for vaccines.Infectious-disease experts say there is no evidence the massive winter surge that is killing thousands of people a day in the United States is linked to the U.K. variant or to a homegrown strain....…This article was published more than 2 years agoCommentGift ShareMutations in the novel coronavirus and the sudden appearance of the highly contagious have become a top concern of scientists and public health officials in the United States, who are vowing to improve the spotty surveillance of the pathogen as it adapts to its human host and potentially becomes a more elusive target for vaccines.Infectious-disease experts say there is no evidence the massive winter surge that is killing thousands of people a day in the United States is linked to the U.K. variant or to a homegrown strain....WW…
The stock market is ending 2020 at record highs, even as the virus surges and millions go hungry
This article was published more than 2 years agoCommentGift ShareThe U.S. stock market ended 2020 at all-time highs, enriching the wealthy and capping off a soaring comeback despite a deadly pandemic that has killed more than 340,000 Americans and left millions jobless and hungry.The S&P 500-stock index, the most widely watched gauge, is finishing the year up more than 16 percent. The Dow Jones industrial average and the tech-heavy Nasdaq gained 7.25 percent and 43.6 percent, respectively. The Dow and S&P 500 finished at record levels despite the public health and economic...…This article was published more than 2 years agoCommentGift ShareThe U.S. stock market ended 2020 at all-time highs, enriching the wealthy and capping off a soaring comeback despite a deadly pandemic that has killed more than 340,000 Americans and left millions jobless and hungry.The S&P 500-stock index, the most widely watched gauge, is finishing the year up more than 16 percent. The Dow Jones industrial average and the tech-heavy Nasdaq gained 7.25 percent and 43.6 percent, respectively. The Dow and S&P 500 finished at record levels despite the public health and economic...WW…
Dow climbs more than 800 points as vaccine news, Biden victory rev up markets
This article was published more than 2 years agoCommentGift ShareGlobal markets roared Monday, with the Dow Jones industrial average soaring to intraday highs not seen since February as investors welcomed Joe Biden’s White House victory and promising vaccine news.The Dow spiked more than 1,600 points before giving back nearly half those gains. It ended the session up 834.57 points, or nearly 3 percent, at 29,157.97. The S&P 500 advanced 41.06 points, or 1.2 percent to close at 3,550.50. The tech-heavy Nasdaq 100, which has seen strong growth throughout the pandemic, tumbled 181.45...…This article was published more than 2 years agoCommentGift ShareGlobal markets roared Monday, with the Dow Jones industrial average soaring to intraday highs not seen since February as investors welcomed Joe Biden’s White House victory and promising vaccine news.The Dow spiked more than 1,600 points before giving back nearly half those gains. It ended the session up 834.57 points, or nearly 3 percent, at 29,157.97. The S&P 500 advanced 41.06 points, or 1.2 percent to close at 3,550.50. The tech-heavy Nasdaq 100, which has seen strong growth throughout the pandemic, tumbled 181.45...WW…
U.S. hits all-time high in new coronavirus cases, exceeding 80,000 in a day for the first time
Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. The United States hit an all-time high in new coronavirus cases on Friday, surpassing the previous mark set during a summer surge across the Sun Belt. Friday’s tally of new U.S. cases — the first above 80,000 — comes as covid-19 hospitalizations are soaring across the country; according to data tracked by The Washington Post, the...…Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. The United States hit an all-time high in new coronavirus cases on Friday, surpassing the previous mark set during a summer surge across the Sun Belt. Friday’s tally of new U.S. cases — the first above 80,000 — comes as covid-19 hospitalizations are soaring across the country; according to data tracked by The Washington Post, the...WW…
People who recover from covid-19 don’t need to be retested for three months, CDC says
Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. In recently updated guidance, the Centers for Disease Control and Prevention advises that people who have recovered from the coronavirus do not need to quarantine or seek testing for three months after they have recuperated., last updated Aug. 3, cautions that those who were previously infected should still socially distance and wear...…Gift ShareThis article is free to access.Why?The Washington Post is providing this news free to all readers as a public service.Follow this story and more by Please NoteThe Washington Post is providing this important information about the coronavirus for free. In recently updated guidance, the Centers for Disease Control and Prevention advises that people who have recovered from the coronavirus do not need to quarantine or seek testing for three months after they have recuperated., last updated Aug. 3, cautions that those who were previously infected should still socially distance and wear...WW…
Nasdaq pushes diversity requirements for company boards
This article was published more than 2 years agoCommentGift ShareNasdaq has asked the Securities and Exchange Commission to approve new listing rules that would compel the companies on its stock exchange to regularly of their boards and require that they have at least one female director and a member of an underrepresented minority.Companies that don’t meet the criteria would have to explain why, according to the plan, or face possible delisting.The exchange includes many of the largest publicly traded companies in the United States, including Apple, Costco and Starbucks. If the policy...…This article was published more than 2 years agoCommentGift ShareNasdaq has asked the Securities and Exchange Commission to approve new listing rules that would compel the companies on its stock exchange to regularly of their boards and require that they have at least one female director and a member of an underrepresented minority.Companies that don’t meet the criteria would have to explain why, according to the plan, or face possible delisting.The exchange includes many of the largest publicly traded companies in the United States, including Apple, Costco and Starbucks. If the policy...WW…
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