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Treasury Department announces plan to borrow $3 trillion this quarter; SEC increases reward offerings to whistleblowers; L Brands and Sycamore agree to end litigation; Simran Sandhu & Darian Phillips report.
WHO announces that past Friday was the deadliest day for coronavirus patients in the U.S.; Pentagon and Treasury have $17 billion available to lend to national security affiliated companies; Kim Jong Un makes his return to the public stage; Joe Biden publicly denies sexual assault allegations; Simran Sandhu & Darian Phillips report.
An additional 4 million Americans filed for jobless benefits; Gilead expects to have more than 140,000 treatment courses by the end of May; Amazon sees a 26% increase in revenue; U.S. intelligence agencies investigate Wuhan laboratories; Simran Sandhu & Darian Phillips report.
Gilead's drug, Remdesivir, shows positive results in a recent clinical trial; Facebook reports a $17.7 billion increase in revenue; Microsoft generated $10.75 billion in net profit; Tesla shocks investors with first-quarter profits; Simran Sandhu & Darian Phillips report.
Ford reports $2 billion in net losses for Q1; Starbucks experiences in-store sales decline for the first time in 11 years; Simon property plans to reopen 49 locations; Hillary Clinton endorses Joe Biden; Simran Sandhu & Darian Phillips report.
CVS and UPS delivering prescriptions via drones to a Florida retirement community; Detroit carmakers expect to resume production on May 18th; Curbside pickups at retail stores surge by 208%; Optum plans to acquire mental health provider, AbleTo; Simran Sandhu & Darian Phillips report.
Futures on all major U.S. indexes fall; Tesla resumes unauthorized production; IRS asks thousands of workers to return to work; President Trump squanders rumors regarding Alex Azar removal; Simran Sandhu & Darian Phillips report.
Interview with Dave Fagan from the Local 150 Union; Darian Phillips reports.
House approves a $484 billion aid package; U.S. added 4.4 million jobless claims this past week; President Trump plans to extend social distancing guidelines; Supreme Court votes in favor of deporting lawful immigrants with criminal records; Simran Sandhu & Darian Phillips report.
Hydroxychloroquine proves ineffective in recent analysis; Hospitals and clinics resume delayed procedures; U.S. stocks rise after two-day fall; Delta Airlines reports first loss in five years; Simran Sandhu & Darian Phillips report.
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