virus

US stocks climbed Tuesday as Wall Street once again grew optimistic about the path of coronavirus crisis while grappling with grim earnings reports from major companies. The Dow Jones industrial average jumped as many as 628.28 points, or 2.6 percent, in early trading following a 1.4 percent drop Monday. The S&P 500 posted an early …

U.S. officials warned in January 2018 that the Wuhan Institute of Virology’s work on “SARS-like coronaviruses in bats,” combined with “a serious shortage” of proper safety procedures, could result in human transmission and the possibility of a “future emerging coronavirus outbreak.” In a series of diplomatic cables, one of which was obtained by The Washington …

Jamie Dimon is preparing America’s biggest bank for some very rainy days ahead. The chief executive of JPMorgan Chase said he sees the economy worse before they get better on Tuesday after his bank reported its profits fell nearly 70 percent in the first quarter of 2020 as the coronavirus ravaged the US economy, forcing …

Jessica Chastain is keeping healthcare workers in New York City energized. Page Six can exclusively reveal that the Oscar-nominated actress, 43, donated Beyond Burgers to staff at Lenox Hill Hospital in the Upper East Side as they continue to fight the coronavirus pandemic. “The nurses loved it,” a staff member told us. “It was such …

There’s no doubt that Gwen Stefani is a woman of many talents. During Blake Shelton‘s remote interview on “The Tonight Show Starring Jimmy Fallon” on Monday, the “Don’t Speak” singer, 50, interrupted the proceedings to give her boyfriend a quarantine haircut. “This interview — I wanted to do it, but we actually have a schedule …

Quibi, the video-streaming app created for mobile phones by Jeffrey Katzenberg and Meg Whitman, saw 1.7 million downloads of its app in its first week. Former HP boss Whitman told CNBC on Monday that the number of downloads has exceeded undisclosed internal expectations. However, research firm Apptopia said Quibi had been downloaded and installed just …

Tesla has reportedly asked landlords for rent discounts as it tries to cut costs during the coronavirus crisis. The electric-car maker has told at least some of its landlords that it is cutting its monthly rent obligations because of the “increasing restrictions on our ability to conduct business” amid the pandemic, The Wall Street Journal …

Amazon has fired two activist employees who criticized the company’s treatment of warehouse workers during the coronavirus crisis. The e-commerce colossus said it canned user experience designers Emily Cunningham and Maren Costa for “repeatedly violating internal policies.” Both have slammed Amazon’s environmental policies and more recently spoke out in support of warehouse workers who say …

Senator Steve Daines (R., Mont.) asked President Trump to use “executive powers and existing authorities” as part of an effort to reinforce domestic pharmaceutical supply chains in the wake of the Wuhan coronavirus. “Moving forward, it is important that we incentivize innovation and the development of essential medical supplies and equipment in the U.S. in …

President Trump on Monday falsely claimed the authority to overrule governors and allow businesses to open in defiance of the lockdown orders that state governments have imposed to contain the Wuhan coronavirus. “For the purpose of creating conflict and confusion, some in the Fake News Media are saying that it is the Governors decision to …