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Shares turn cautious as U.S. crude gets crushed
LONDON/SYDNEY (Reuters) – Caution recaptured world markets on Monday as another drubbing for U.S. crude oil futures kicked off a week of data and earnings that will drive home the damage being inflicted by global coronavirus lockdowns. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, …
New York takes marriage licenses online so now there’s no excuse to not tie the knot
New York Gov. Andrew Cuomo plans to sign an executive order allowing couples to get marriage licenses remotely and allowing clerks to perform ceremonies over video, said Melissa DeRosa, secretary to the governor. “So that’s an avenue people want to go down, it will be available to them,” DeRosa told reporters on Saturday. Following the …
Trump’s coronavirus reopening plan has big holes, health experts say
SAN FRANCISCO (Reuters) – The U.S. economy has imploded in the past month amid aggressive measures to slow the spread of the novel coronavirus, with 22 million people filing for unemployment benefits and most factories, stores and other businesses at a virtual standstill. FILE PHOTO: President Donald Trump answers questions during an announcement of the …
Real Estate Company Compass Struggles to Deliver on Big Technology Promise
Last summer, the SoftBank Vision Fund and other venture-capital investors put $370 million into Compass, a real estate firm promising to shake up the residential brokerage industry. The deal valued Compass at $6.4 billion, which at the time made it 10 times more valuable than Realogy Holdings, the public company that owns Century 21, Coldwell …
Wall Street gains on Boeing surge and coronavirus drug hopes
(Reuters) – U.S. stocks rose on Friday and also posted gains for the week, boosted by a surge in Boeing shares, President Donald Trump’s plan to reopen the coronavirus-battered economy and hopes of a potential drug by Gilead to treat COVID-19. The Nasdaq added 6.1% for the week and registered its biggest two-week percentage gain …
Mourning a ‘supermom’: U.S. health worker casualties mount in virus fight
NEW YORK (Reuters) – “Home soon,” Madhvi Aya texted from her hospital bed. “Love you.” Minnoli Aya poses with her parents Raj and Madhvi on her graduation day in this undated handout photo provided by the family to Reuters on April 13, 2020. Courtesy of Minnoli Aya/Handout via REUTERS It was the last exchange she …
Notre-Dame’s great bell to toll once again on anniversary of fire
PARIS (Reuters) – A year on from the inferno that gutted Notre-Dame de Paris and stunned the world, the cathedral’s great bell will ring out on Wednesday evening, as a mark of the building’s resilience and that of the medics battling France’s coronavirus epidemic. The bourdon bell has sounded just once since April 15, 2019, …
On fire’s anniversary, Notre-Dame’s great bell to break its silence
PARIS (Reuters) – A year on from the inferno that gutted Notre-Dame de Paris and stunned the world, the cathedral’s great bell will ring out on Wednesday evening, as a mark of the building’s resilience and that of the medics battling France’s coronavirus epidemic. The bourdon bell has sounded just once since April 15, 2019, …
Trump halts World Health Organization funding amid coronavirus pandemic
WASHINGTON (Reuters) – President Donald Trump said on Tuesday he would halt funding to the World Health Organization over its handling of the coronavirus pandemic while his administration reviews its response to the global crisis. Trump told a White House news conference the WHO had “failed in its basic duty and it must be held …
Spain, Austria ease coronavirus curbs, U.S. debates risks
MADRID/LONDON (Reuters) – Spain and Austria allowed partial returns to work on Tuesday but Britain, France and India extended lockdowns to rein in the new coronavirus while the United States, where the death toll exceeded 25,000, debated how to reopen its economy. The World Health Organization (WHO) warned that infections had “certainly” not yet peaked. …
