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Less than 50 percent of 25 large U.S. companies surveyed said that decoupling from China would be “impossible,” a 22 point reduction from a similar survey conducted last October, amid growing concerns over reliance on Chinese manufacturing following the coronavirus pandemic. The American Chamber of Commerce in China and the American Chamber of Commerce in …
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Michael Cohen, President Trump’s former personal lawyer, will be released from prison due to fears about a coronavirus outbreak among inmates and prison staff members. Cohen is currently serving a three-year sentence at the federal prison camp in Otisville, N.Y., where 14 inmates and seven staff members have tested positive for the virus. The federal …
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A scientist at a medicines company performs research for a coronavirus vaccine at a laboratory in San Diego, Calif., U.S., March 17, 2020. A clinical trial of a potential antiviral treatment for the coronavirus is showing early signs of success: nearly all the coronavirus patients in the trial were discharged in less than a week …
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A Fire Department Emergency Medical Technician leaves from helping a man during the coronavirus outbreak in Brooklyn, N.Y., April 16, 2020. The U.S. coronavirus death toll reached 4,591 in 24 hours on Thursday, nearly doubling the previous single-day record, according to data compiled by Johns Hopkins University. The previous one-day peak came on Wednesday with …
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Princess Sofia of Sweden started volunteering this week at a Stockholm hospital where she serves as the honorary chair amid the coronavirus pandemic. The princess, 35, is among 80 people a week who have completed the three-day emergency online training course from Sophiahemmet University created to help the hospital, which has been overwhelmed during the …
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Maybe this will help everyone feel a bit more comfortably numb. Pink Floyd, the Grateful Dead, Radiohead, Metallica and other iconic bands are all releasing archived or unseen concert footage on YouTube to help entertain fans during the coronavirus pandemic. The rare videos began hitting the groups’ channels last Thursday, according to Forbes, and will …
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Insurance companies in New Zealand are reportedly saving big bucks as the coronavirus crisis keeps the country’s drivers off the roads. The Kiwi insurance industry has saved about $100 million given that motor vehicle claims have plummeted as much as 90 percent, the head of the New Zealand Insurance Council told local news outlet RNZ. …
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Struggling movie theater chain AMC Entertainment, whose movie houses got shuttered nationwide last month by the coronavirus, said late Thursday it will raise $500 million in debt to stay afloat. The largest cinema chain in the US has been the subject of bankruptcy rumors since it shuttered 630 theaters nationwide amid coronavirus restrictions in mid-March. …
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Johnny Depp finally joined Instagram and thanked his fans for their “unwavering support” as he continues to battle Amber Heard in court. Depp, 56, ended his 8-minute-long video, posted Thursday, with a heartfelt message. “Before I go, on a more suppose personal note: Thank you all for your kindness, your unwavering support and your strength …
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Large restaurant chains have gobbled up $30 million in federal loans meant to shore up small businesses during the coronavirus crisis. The companies behind Potbelly Sandwich Shop and Ruth’s Chris Steak House each got sizable loans under the feds’ Paycheck Protection Program, the $349 billion small-business aid package that ran out of money Thursday. Florida-based …