(Bloomberg) -- Global coronavirus cases surpassed 2.8 million, with the U.S. now accounting for more than a quarter of all fatalities after topping 50,000. Infections spiked among crew members on a passenger-less cruise ship docked in Japan, and for migrant workers in Thailand.The U.S. Food and Drug Administration warned patients about taking malaria medications touted by U.S. President Donald Trump. The president now claims he was being sarcastic on Thursday when he suggested that injecting disinfectants might ward off the coronavirus. Disinfectant chatter soared on Twitter.The U.S. death toll approached 52,000, almost twice that of Italy, with the second-most fatalities. China reported 12 new cases, with 11 of them imported, along with 29 asymptomatic cases. Germany posted its lowest fatality rate in five days. Singapore had its smallest case increase in at least six days.Key DevelopmentsVirus Tracker: Cases top 2.8 million; deaths exceed 197,000Trump’s riff on disinfectant shows peril of improvised...
(Bloomberg) -- Global cases neared 2.8 million, with the U.S. now accounting for more than a quarter of all fatalities after topping 50,000. Infections spiked among crew members on a passenger-less cruise ship docked in Japan, while theaters were poised to re-open in South Korea.The U.S. Food and Drug Administration warned patients about taking malaria medications touted by U.S. President Donald Trump. The president now claims he was being sarcastic on Thursday when he suggested that injecting disinfectants might ward off the coronavirus. Disinfectant chatter soared on Twitter.The U.S. death toll exceeded 51,000, almost twice as many as Italy, which has the second-most fatalities. China reported 12 new cases, with 11 of them imported, along with 29 asymptomatic cases. Spain and Italy had their fewest deaths in five weeks, while Belgium plans to ease its lockdown starting in May.Key DevelopmentsVirus Tracker: Cases top 2.79 million; deaths approach 196,000Trump riff on disinfectant...
(Bloomberg) -- Global cases closed in on 2.8 million, with the U.S. now accounting for more than a quarter of all fatalities. Cases spiked among crew members on a passenger-less cruise ship docked in Japan, while theaters were poised to re-open in South Korea. U.S. President Donald Trump faces a lawsuit over his aid package.The U.S. Food and Drug Administration warned patients about taking malaria medications touted by Trump. The president now claims he was being sarcastic on Thursday when he suggested that injecting disinfectants might ward off the coronavirus. Disinfectant chatter soared on Twitter.The U.S. death toll topped 51,000, almost twice as many as Italy, which has the second-most fatalities. China reported 12 new cases Friday, with 11 of them imported, along with 29 asymptomatic cases. Spain and Italy had their fewest deaths in five weeks, while Belgium plans to ease its lockdown starting in May.Key DevelopmentsVirus Tracker: Cases top...
Glass Lewis recommended that at Boeing's annual meeting on April 27 shareholders vote against Larry Kellner, the chairman of its board who previously oversaw the board's audit committee. "We believe the audit committee failed to mitigate the risk posed by management's decisions and should be held accountable for its oversight," Glass Lewis said in its recommendation....
Companies across a range of industries are slashing or suspending dividends to cope with the economic fallout from the coronavirus outbreak, complicating the stock selection process for money managers eager to buttress their portfolios with a steady stream of income. The past week's plunge in oil prices has potentially accelerated that process, raising concerns about the rock-steady dividends of companies such as Exxon Mobil and Chevron Corp, which are set to report results on Friday, May 1. The S&P 500 dividend aristocrats index, which tracks companies that have increased dividends annually for the past 25 years and includes Exxon and Chevron, has fallen about 19% so far in 2020 as of Thursday, greater than the 12.9% drop over that time for the S&P 500 total return index....
(Bloomberg) -- The death toll from the new coronavirus topped 51,000 in the U.S., with the epicenter of the global outbreak now accounting for more than a quarter of all fatalities. Cases spiked among crew members on a passenger-less cruise ship docked in Japan, while some theaters were poised to re-open in South Korea.The U.S. Food and Drug Administration warned patients about taking malaria medications touted by President Donald Trump. The president now claims he was being sarcastic on Thursday when he suggested that injecting disinfectants might ward off the coronavirus. Disinfectant chatter soared on Twitter.China reported 12 new cases Friday, with 11 of them imported. Spain and Italy had their fewest deaths in five weeks. Germany had its worst day in almost a week, while Belgium plans to ease its lockdown starting in May. Key DevelopmentsVirus Tracker: Cases top 2.7 million; deaths approach 196,000Trump riff on disinfectant shows peril of...
