Small businesses are scrambling to secure federal loans to survive the coronavirus fallout. Many have days to survive. Others are wary of the loans....
Should the U.S. build self-quarantine facilities for coronavirus patients with mild symptoms? WSJ’s Gerald F. Seib answers the question from a reader and explains what it means to self-quarantine at home. Photo: Lauren Young/Reuters...
(Bloomberg) -- Global stocks began the week on the back foot as investors prepared for an earnings season marked by extraordinary uncertainty over corporate profits and outlooks caused by the pandemic. West Texas oil futures pared earlier gains after a historic deal to cut output.Futures on the three main U.S. equity indexes all dropped, while stocks fell in Asia’s main financial centers. Markets across Europe were closed for the Easter holiday. Treasury 10-year futures were steady after after OPEC+ agreed to cut 9.7 million barrels a day from global crude output -- just below the initial plan of 10 million.The dollar trimmed earlier declines against other major currencies, leaving the pound as the top gainer versus the greenback. Seventy coronavirus vaccines are in development globally, with three already being tested in human trials, the World Health Organization said.With earnings season kicking off this week, investors will be hoping to get a...
(Bloomberg) -- Apple Inc. is preparing a redesign of its top-tier iPhones, borrowing cues from the latest iPads, as part of a major fall refresh that will see 5G added to as many as four new handset models and the release of two key new accessories, according to people familiar with the plans.This year’s successors to the iPhone 11 Pro and iPhone 11 Pro Max will be joined by two lower-end models to replace the iPhone 11. At least the two high-end devices will have flat stainless steel edges instead of the current curved design as well as more sharply rounded corners like the iPad Pro introduced in 2018. Reminiscent of the iPhone 5 design, the new handsets will have flat screens rather than the sloping edges on current models, said the people asking not to be identified because the plans aren’t public.Apple has also been developing a smaller and cheaper...
(Bloomberg) -- Seventy coronavirus vaccines are in development globally, with three already being tested in human trials, the World Health Organization said. The northeastern Chinese city of Harbin tightened rules to curb the spread of the virus.Parts of the U.S. may be ready to ease emergency measures in May, said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. U.K. Prime Minister Boris Johnson praised doctors for saving his life during his week-long hospitalization for Covid-19 treatment.The number of people infected worldwide reached 1.85 million, while the death toll exceeded 114,000.Key DevelopmentsCoronavirus Tracker: Global cases reach 1.85 million; deaths top 114,00070 coronavirus vaccines in development globallyChina’s Harbin tightens measuresPork producer warns of meat shortagesCruise passengers spend Easter on “ghost ship”The Virus Should Wake Up the West: Micklethwait and WooldridgeIndonesia a Hidden Virus ‘Hotspot’ With New Infections Surging (2:54 p.m. HK)Indonesia’s government is ramping up its coronavirus testing capacity...
