South Korean exports plunged in April at their sharpest pace since the global financial crisis as the coronavirus pandemic hit demand and paralyzed the global economy and supply chains.
The company expects to produce more than 140,000 rounds of its 10-day treatment regimen by the end of May, and anticipates it can make 1 million rounds by the end of this year.
President Donald Trump said, without offering any evidence, that he has reason to believe that the coronavirus outbreak originated from a laboratory in China.
Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China.
Some Amazon cloud customers, like Slack and Zoom, saw record usage in the first quarter as governments directed people to stay home, with coronavirus cases proliferating.
Jobless claims for the week ended April 25 came in at the lowest level in a month but bring the rolling six-week total to 30.3 million as part of the worst employment crisis in U.S. history
Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Thursday that he had been diagnosed with the new coronavirus and was temporarily stepping down to recover. Mishustin suggested that First Deputy Prime Minister Andrei Belousov serve as acting prime minister in his absence.
NASA awarded contracts to teams of companies on Thursday, to begin work on lunar landers toward the agency's goal of putting astronauts on the Moon by 2024.
Trump said U.S. officials and scientists are fast-tracking work to produce a vaccine for the coronavirus, adding that he is in charge of its development dubbed "Operation Warp Speed."