President Trump unveils plan to open America on May 1 President Donald Trump announced new guidelines for reopening states as soon as May 1. However, he left the decision up to each state’s governor. “America wants to be open, and Americans want to be open,” President Trump said. “Based on the latest data, our team of experts agree we can start the next front in our war, … [Read more...]

U.S. investigating if virus was accidentally released from Chinese lab The U.S. government is exploring the possibility that the novel coronavirus was accidentally released from a Chinese lab in Wuhan, China. The Chinese government denied that the lab was to blame early on, instead saying the outbreak started at a wet market in Wuhan. However, a Yahoo News article said the … [Read more...]

J&J aims for imminent vaccine production, 1B doses worldwide Johnson & Johnson (J&J) (New Brunswick, NJ) plans to begin imminent production of its trial COVID-19 vaccine on an “at risk” basis. Manufacturing “at risk” allows the world’s third largest pharmaceutical company to produce a product before its ultimate design is finalized and released to the public. It … [Read more...]

President Trump to name committees on reopening U.S. President Donald Trump will specify Tuesday who will help him decide when, and how, portions of the country can reopen businesses. He also intends to appoint a number of committees to advise him, including “a transportation committee, a manufacturing committee” and a “religious leaders’ committee.” President Trump said the … [Read more...]

U.S. leads world in coronavirus deaths The U.S. has surpassed Italy as the country with the highest number of coronavirus deaths with nearly 22,000 recorded by early Monday and more than 554,000 cases. Worldwide the death toll is more than 114,000 and the number of confirmed cases is close to 1.9 million, according to Johns Hopkins University. Read more. FDA Commissioner: … [Read more...]

Federal Reserve unveils details of $2.3T in programs to help support economy The Federal Reserve released details on its Main Street business lending program and other initiatives to help the U.S. economy. The loans would be aimed toward businesses with up to 10,000 employees and less than $2.5 billion in revenues for 2019. Principal and interest payments will be deferred … [Read more...]

Push for interim emergency bill to include $500B in extra relief Speaker of the House Nancy Pelosi (D-CA) and Senate Majority Leader Chuck Schumer (D-NY), in a joint statement, supported another $250 billion in loans to small businesses, a sum that the Trump administration requested and Senate Majority Leader Mitch McConnell (R-KY) aims to pass through the Senate on … [Read more...]