A Chicago hospital treating severe Covid-19 patients with Gilead Sciences' antiviral medicine remdesivir in a closely watched clinical trial is seeing rapid recoveries in fever and respiratory symptoms, with nearly all patients discharged in less than a week, STAT has learned.
President Donald Trump is expected to roll out guidelines on how the U.S. can start to reopen for business in areas where coronavirus cases are on the decline and testing ramps up.
Some experts say America needs to perform 20 million to 30 million tests a day to begin getting the economy back to normal. One estimate says it will cost up to $500 billion over time for a program of widespread testing, contact tracings and data aggregation.
General Electric and Ford Motor will produce 50,000 ventilators for the U.S. government under the Defense Production Act for $336 million, federal officials announced Thursday.
The Starz app has seen a 44% jump in average viewership since people have been forced to stay home due to the coronavirus outbreak. The app has seen a 142% increase in new customers since the stay-at-home orders began.
Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms are laying off workers.
"So, one month, we'll continue the close-down policies. What happens after then? I don't know. We will see what the data shows," Gov. Andrew Cuomo said.
New Jersey Gov. Phil Murphy is holding his daily press conference on the Covid-19 outbreak, which has infected more than 71,000 people in the state as of Thursday.
Average asking rents in the city continued to fall during the first quarter, which ended on March 31, with the average of the New York City neighborhoods surveyed dropping 9% year over year to $714 per square foot, according to CBRE.
De Blasio urged Washington lawmakers to approve $500 billion in spending in the next stimulus bill with at least $150 billion of that going toward states, cities and local municipalities.
What is an investor to do in the face of unpredictable events like coronavirus? Instead of trying to "beat" the market, the key is to only take the amount of risk you can afford to take financially and psychologically. There are four important principles to follow.
The coronavirus pandemic is putting a strain on all industries, including films. The call for social distancing shut down theaters and production, impacting all players — from studio executives to freelance employees to consumers. Covid-19 will have a lasting impact on entertainment in the U.S. and around the world.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 214,800 people across the state as of Thursday.