The UK has gone into full coronavirus lockdown with the British public ordered to stay at home.People will be allowed to leave their home only to do essential work, exercise, or buy food or medicine.All nonessential shops, premises, and places of worship will be closed down, with weddings and baptisms banned.Prime Minister Boris Johnson said…
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Reuters / Brendan McDermid US equity futures fell sharply after trading commenced at 6 p.m. ET. S&P 500 futures slid more than 4% within five minutes, triggering a so-called limit down trading halt. The losses came as the Senate failed to agree on a $1.6 trillion stimulus packaged designed to boost the coronavirus-stricken economy. Visit…
Amazon CEO Jeff Bezos on Saturday shared a memo sent to Amazon employees regarding the coronavirus.In the letter, Bezos notes that the company is hiring 100,00 workers and says Amazon is taking steps to protect essential personnel that can't work remotely.He encourages those who have been laid off as a result of the pandemic to…
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Getty Images / Drew Angerer US stocks fell on Friday, failing to extend gains from Thursday's session. Both the S&P 500 and the Dow Jones industrial average suffered their biggest weekly declines since 2008. Investor confidence continued to waver, even amid efforts from governments and central banks to prop up major economies, shield jobs, and…
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Fast-food chains like McDonald's and Burger King are pushing arguments that it is crucial to the American public that they stay open during the coronavirus outbreak. President Donald Trump recently praised fast-food chains' drive-thru services. Certain groups, including healthcare workers, rely on chains to get quick and inexpensive food. However, some fast-food workers worry that continuing to…
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AP Photo/Ted S. Warren The Senate on Wednesday passed emergency measures to cushion the financial pain caused by the coronavirus pandemic. The COVID-19 outbreak has triggered closures across the economy and encouraged Americans to hunker down at home. The fast-tracked bill also expands paid sick leave for some workers, though the number of those who…
