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Nike said the changes it is making will lead to a "net loss of jobs across the company," which will result in pretax, one-time employee termination costs of roughly $200 million to $250 million.

Across the country, colleges are slashing staff to offset revenue losses from Covid-19, and faculty — from small liberal arts colleges to large public university systems — are feeling the pain.

U.S. government debt prices edged higher Wednesday morning after President Donald Trump conceded that the coronavirus pandemic will probably "get worse before it gets better."

The surging value of mega-cap tech stocks is giving U.S. index funds, most notably the Nasdaq 100, a hefty concentration in just a few names.

The stocks making the biggest moves in premarket trading include Biogen, Pfizer, Best Buy, Snap, iRobot, and more.

While a number of colleges and universities have offered a break on room and board, nearly all of them have drawn the line at tuition.

Trump's comments come after the president has sent mixed messages for months on whether he supports the use of masks as a public health intervention to prevent the spread of the virus.

Trump also acknowledged Tuesday that the pandemic will probably "get worse before it gets better."

Fiat Chrysler and Waymo have agreed on an exclusive deal to develop self-driving commercial vehicles. The automaker also will use Waymo's autonomous vehicle technology on its global fleet of future vehicles.

Germany stood out for its strong science communication. For months, its top podcast was 'Der Coronavirus,' which provided an update on the disease from a top virologist.

Progressive groups pushed for change after some police used military gear during Black Lives Matter protests, including tracked vehicles and stun grenades.

The two Chinese nationals helped conduct a global hacking campaign for more than a decade, in addition to more recent attacks, authorities said.

President Donald Trump socialized years ago with accused child sex trafficker Jeffrey Epstein and his accused procurer, Ghislaine Maxwell.

Snap's stock price initially plunged more than 11% then moderated to a smaller decline as investors digested positive user and revenue growth on Tuesday after the company reported its second-quarter earnings.

Snap Chief Business Officer Jeremi Gorman said though it was difficult to determine the exact impact of the boycott so far, the conversation has "opened the door" for Snap to have conversations with high-level executives at brands.

President Donald Trump warned Tuesday the coronavirus pandemic in the United States will probably "get worse before it gets better."

Michael Cohen was moving to publish a damning book about his former legal client, President Donald Trump, when he was sent back to prison.

Last week, Cuomo announced that the state would place "enforcement teams" at New York airports to ensure compliance with the travel advisory.

Texas and Florida hit a new grim record Monday for daily coronavirus deaths based on a seven-day moving average, as hospitalizations continue to surge in 34 states across the United States.

Fauci has faced criticism in recent weeks from President Donald Trump and other administration officials surrounding his response to the pandemic.