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Global coronavirus infections surpass 12.9 million; Betsy DeVos urges schools to reopen; Stock futures rise for all major U.S. indexes; Analog Devices is in talks to acquire Maxim Integrated for ~$20 billion in stock; Amazon announces that an email requiring all employees to delete TikTok was sent in error; Simran Sandhu & Darian Phillips report.
Trump Administration and Congress work on additional stimulus deal; Wells Fargo lowers requirements for primary and secondary loans; WhatsApp experiences 10x growth in annual business usage; Sony invests $250 million into Epic Games; Simran Sandhu & Darian Phillips report.
Harvard and MIT sue Trump Administration for international student policy; Joe Biden & Bernie Sanders supporters unite over climate change and police prosecution; United Airlines expected to furlough 36,000 workers; Brook Brothers files for bankruptcy protection; Allstate acquires National General for $4 billion; Simran Sandhu & Darian Phillips report.
White House cuts ties with the World Health Organization; U.S. government awards $2 billion to Novavax and Regeneron pharmaceuticals; U.S. considers banning TikTok; Sunrun will acquire Vivant in a multibillion-dollar all-stock deal; Deutsche Bank fined $150 million for ties to Jeffrey Epstein; Simran Sandhu & Darian Phillips report.
All major U.S stock indexes increase 1.4-2.1%; Facebook, WhatsApp, and Twitter suspend user data requests from Hong Kong officials; Simon & Schuster move up release date for a tell-all book written by President Trump's niece; SiriusXM plans to acquire Stitcher podcasting for $300 million; Simran Sandhu & Darian Phillips report
President Trump extends PPP small business relief fund; Hospitals located in Coronavirus hotspots are near full capacity; Dominion Energy and Duke Energy dump plan to build $8 billion Atlantic Coast pipeline; Simran Sandhu & Darian Phillips report.
President Trump threatens to veto the Defense Authorization Bill; Saudi Arabia considers a new oil price war; Pfizer posted positive results for potential Coronavirus vaccine; Simran Sandhu & Darian Phillips report.
Energy giant, Shell, writes down $22 billion in assets; Uber seeks potential merger with Postmates; FDA releases criteria for COVID-19 vaccine approval; European Union restricts Americans from traveling to the region; Simran Sandhu & Darian Phillips report.
Fed releases a $500 billion lending program for large corporations; Amazon announces $500 million one-time bonus for employees; Kim Kardashian West sells 20% stake in beauty brand to Coty for $200 million; India bans several Chinese apps in border retaliation; Simran Sandhu & Darian Phillips report.
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