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Stocks plunged Wednesday as fresh concerns about the coronavirus’s economic toll dampened optimism on Wall Street. The Dow Jones industrial average tumbled as much as 716.44 points, or nearly 3 percent, giving back the prior day’s 2.7 percent jump on hopes that virus-battered economies could reopen before too long. The S&P 500 also slid as …
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Bane is putting the coronavirus boredom to bed. With the UK projected to be under quarantine until early May, actor Tom Hardy is helping to keep the isolated masses — or, more importantly, their kids — entertained, by reading “Bedtime Stories” on British network CBeebies yet again. The “Peaky Blinders” star made a splash there …
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Over 100 years, the Federal Reserve has destroyed more than 97 percent of our currency’s purchasing power. During a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. Ten days …
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Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic. The company said that starting next week, some corporate employees would …
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Rihanna‘s father Ronald Fenty tested positive for coronavirus in his home country of Barbados but has now beat COVID-19 thanks to the superstar’s help. “My daughter Robyn was checking in on me every day,” Fenty, 66, recently shared with The Sun. “I thought I was going to die to be honest. I have to say, …
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The Los Angeles Times, claiming “advertising revenue has been nearly eliminated” because of the coronavirus, said it will furlough business-side employees and slash pay for senior executives by 5 percent to 15 percent. The furloughs are slated to start April 19 and will last up to 16 weeks, according to a memo from the newspaper’s …
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An Amazon operations manager became the first known employee of the e-commerce giant to die of the coronavirus, according to new reports. Gerard Tuzara, 35, who worked at Amazon’s DLA8 facility in Hawthorne, California, died of the illness late last month, the Sun reported. Amazon first confirmed the death in an email to Business Insider. …
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Only a steady, dedicated effort can transform the World Health Organization into a force for good. Somebody had to say it. Speaking at a press briefing on April 7, President Trump chastised the World Health Organization (WHO) for having “really called, I would say, every aspect of it [the coronavirus] wrong.” Trump went further Tuesday …
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The Wuhan coronavirus had infected over 2 million people worldwide as of Wednesday morning, according to a tally kept by Johns Hopkins University. The worldwide death count has surpassed 128,000, while more than 500,000 people have recovered. The U.S. accounts for approximately 30 percent of global cases with more than 609,000 nationwide. Across the country, …
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U.S. intelligence agencies are investigating whether the coronavirus may have leaked from a Chinese laboratory in Wuhan, the chairman of the Joint Chiefs of Staff said Tuesday. Army Gen. Mark A. Milley, the nation’s most senior military officer, told reporters at the Pentagon the initial assessments indicate the coronavirus causing the global pandemic appears to …