A new internal email at Tesla tells employees, "We have had conflicting guidance from different levels of government," about how to operate during the covid-19 pandemic and shelter-in-place orders. Production employees told to work if they can.
Joe Biden is getting a fundraising boost from corporate restructuring attorneys who are forming a committee to help him defeat President Trump in November.
European markets sank Wednesday, despite Western governments promising to unleash billions of dollars to help businesses and citizens get through the coronavirus pandemic.
With volatility near all-time highs, it's best to steer clear of options and sit tight with some cash on hand, says Garrett DeSimone, head of quantitative strategy at OptionMetrics.
The United States border with Canada will temporarily close to "non-essential traffic" due to the coronavirus pandemic, President Donald Trump and Prime Minister Justin Trudeau said.
A day earlier, multiple outlets reported that Mnuchin told GOP lawmakers that the country's unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package.
Tesla's Fremont factory is reportedly open on Wednesday morning, despite a Tuesday night statement from Alameda County that it does not meet the definition of an "essential business" and therefore should be subject to the county's shelter-in-place order, issued to stop the spread of COVID-19 coronavirus.
Cuomo said that such drastic policies would create more fear amid the COVID-19 outbreak, which has now infected more than 6,500 people across the U.S. and killed at least 115, according to Johns Hopkins University.
Members of the task force created to address the deadly coronavirus outbreak are expected to hold a press briefing Wednesday at the White House as state and local authorities take drastic measures to slow the spread of the disease.