MARCH 18, 2020
Fake blood is seen in test tubes labelled with the coronavirus (COVID-19) in this illustration taken March 17, 2020. (Reuters file photo)
A study published in 2015 in the Nature journal had warned that severe acute respiratory syndrome (SARS) like viruses circulating in Chinese bat populations may pose a serious future threat.
The study was co-authored by Shi...
MARCH 17, 2020
U.S. Treasury Secretary Steven Mnuchin. - Reuters
WASHINGTON, D.C. - U.S. Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of the coronavirus, according to people familiar with the matter.
Mnuchin discussed the scenario with the lawmakers on Tuesday as he proposed an economic...
MARCH 17, 2020
Former New York City mayor and billionaire Mike Bloomberg announced on Tuesday a $40 million commitment to support "immediate action" to fight the spread of the coronavirus in low and middle-income countries.
It follows an initiative he started last week to help mayors respond to the spread of COVID-19, by providing a virtual support network that connects them...
MARCH 17, 2020
President Donald Trump. - Win McNamee/Getty Images
Few Americans trust President Donald Trump when it comes to the coronavirus pandemic, according to a new survey, and less than half of respondents believe the federal government is taking sufficient steps to combat the public health crisis.
An NPR/PBS NewsHour/Marist poll released Tuesday shows that only 37 percent of those polled...
MARCH 17, 2020
FILE PHOTO: A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 29, 2019. REUTERS/Brendan McDermid/File
U.S. drugmaker Pfizer Inc has signed a deal with Germany's BioNTech SE <22UAy.F> to co-develop a potential vaccine for the coronavirus using BioNTech's mRNA-based drug development platform,...
MARCH 16, 2020
President Trump leads a coronavirus news conference in the White House press briefing room on Monday. - Jabin Botsford/WashPost
President Trump for weeks dismissed the danger of the novel coronavirus. He distracted himself by stoking unrelated feuds and nursing grievances. He shared little concrete information about the spreading pandemic, and much of what he did share was false.
Governors...
MARCH 16, 2020
A "Closed" sign is displayed outside of a business in New Rochelle, New York on March 16.
Cash handouts to all American households are gaining support in Congress as the best way to shore up an economy brought to a near-standstill by the coronavirus.
Republican Sen. Mitt Romney gave his backing to the idea on Monday,...
MARCH 16, 2020
A staff of the Italian start-up Isinnova company shows valves produced with a 3D printer for hospitals are seen near the northern Italian city of Brescia, in Chiari Italy March 15, 2020. CRISTIAN FRACASSI/Handout via REUTERS
MILAN - Italian Cristian Fracassi heard about the shortage of valves used in respirators at his local hospital by word of mouth.
The...
MARCH 16, 2020
Unemployment claims - Mike Segar / Reuters
The odds of slipping into a recession are increasingly likely as the global coronavirus outbreak puts acute stress on the U.S. economy. That could be bad news for American workers, who may lose jobs by the millions in a downturn.
For those workers who don't receive severance pay, the financial impact...
MARCH 16, 2020
A Wall Street sign is displayed in front of New York Stock Exchange (NYSE) in New York, U.S., on Friday, March 13, 2020.
The Federal Reserve’s shock interest-rate cut and bond-buying program rippled through global markets on Monday, with S&P 500 Index futures falling by the most allowed and Treasury yields plunging at the start of what...
