Business

Oil prices jump as focus swivels to OPEC, Russia meeting on output cuts

Oil climbed on Wednesday, reversing most of the prior session’s losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers will discuss output cuts to shore up prices that have tumbled amid the coronavirus pandemic.

Business

U.S. oil state senators to talk crude markets with Saudi officials Saturday: source

Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will hold a call with the kingdom’s officials on Saturday, a source familiar with the planning said on Tuesday.

Top News

Asian shares poised to follow Wall Street’s rocky lead

Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.

Top News

Long lines and frustration as Wisconsinites vote during coronavirus pandemic

Despite a last-minute court battle and a stay-at-home order, thousands of Wisconsin voters on Tuesday braved the coronavirus outbreak to wait 6 feet (1.8 m) apart in lines for hours and cast ballots in the state’s presidential primary and local elections.

Politics

Long lines and frustration as Wisconsinites vote during coronavirus pandemic

Despite a last-minute court battle and a stay-at-home order, thousands of Wisconsin voters on Tuesday braved the coronavirus outbreak to wait 6 feet (1.8 m) apart in lines for hours and cast ballots in the state’s presidential primary and local elections.

Sports

Rivera: Redskins QB battle ‘will be a good competition’

Washington Redskins coach Ron Rivera expects newly acquired Kyle Allen to provide 2019 first-round pick Dwayne Haskins with a strong challenge for the starting quarterback job next season.

Health

Mexico registers 2,785 cases of coronavirus and 141 deaths

Mexico has registered 346 new cases of coronavirus infection, bringing the country’s total to 2,785, as well as 141 deaths, the health ministry said on Tuesday.

Health

Mainland China reports 62 new confirmed cases of coronavirus

Mainland China reported on Wednesday 62 new confirmed cases of the new coronavirus, up from 32 a day earlier, the National Health Commission said, as the number of infections from people arriving from abroad surged.

Business

Airbnb’s new $1 billion investment comes at lower valuation: sources

Airbnb Inc’s new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the home rental company, people familiar with the matter said on Tuesday.

World

Ecuador builds emergency cemeteries due to coronavirus outbreak

Ecuador’s government is preparing an emergency burial ground on land donated by a private cemetery in Guayaquil, the country’s largest city, to address a shortage of burial plots as the novel coronavirus hits the Andean country hard.

World

Mexico registers 2,785 cases of coronavirus and 141 deaths

Mexico has registered 346 new cases of coronavirus infection, bringing the country’s total to 2,785, as well as 141 deaths, the health ministry said on Tuesday.

World

In Queen’s calm voice, a memory of war: Harold Evans

It’s 1940. The winter evenings are getting colder. I’m huddled with my parents around the radio listening to future Queen Elizabeth calm us with her promise that “the world of tomorrow will be a better and happier place.” It’s much more effective than Neville Chamberlain’s woeful announcement months before in 1939 that we were at war with Germany. “He feels more sorry for himself than he does for us,” said my mother at the time. Elizabeth cheers us.

U.S.

At-home COVID-19 deaths may be significantly undercounted in New York City

The daily tally of New York City residents who died at home with coronavirus-like symptoms exploded from 45 on March 20 to 241 on April 5, according to Fire Department of New York data – suggesting the city may be significantly undercounting COVID-19 deaths.

U.S.

U.S. immigration officials evaluate vulnerable detainees for possible release amid pandemic

U.S. immigration officials said on Tuesday they are considering releasing some detainees at high risk for coronavirus infection as detainees and workers have tested positive for the resulting COVID-19 illness.

U.S.

Disney might check visitors’ temperatures when theme parks reopen, chairman says

Walt Disney Co might require theme park visitors to have their temperatures checked when they reopen after coronavirus restrictions on public gatherings are lifted, Executive Chairman Bob Iger said in an interview published on Tuesday.

U.S.

‘I own it:’ U.S. Navy secretary resigns over handling of coronavirus-hit carrier

Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard.

Health

Disney might check visitors’ temperatures when theme parks reopen, chairman says

Walt Disney Co might require theme park visitors to have their temperatures checked when they reopen after coronavirus restrictions on public gatherings are lifted, Executive Chairman Bob Iger said in an interview published on Tuesday.

Health

At-home COVID-19 deaths may be significantly undercounted in New York City

The daily tally of New York City residents who died at home with coronavirus-like symptoms exploded from 45 on March 20 to 241 on April 5, according to Fire Department of New York data – suggesting the city may be significantly undercounting COVID-19 deaths.

World

China’s Wuhan city further eases coronavirus lockdown

The central Chinese city of Wuhan began allowing people to leave on Wednesday for the first time since it was locked down 76 days ago to contain the novel coronavirus, despite fears of a second wave of infection if such restrictions are eased too soon.

Top News

U.S. immigration officials evaluate vulnerable detainees for possible release amid pandemic

U.S. immigration officials said on Tuesday they are considering releasing some detainees at high risk for coronavirus infection as detainees and workers have tested positive for the resulting COVID-19 illness.

Top News

‘I own it:’ U.S. Navy secretary resigns over handling of coronavirus-hit carrier

Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard.

Politics

‘I own it:’ U.S. Navy secretary resigns over handling of coronavirus-hit carrier

Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard.

Business

Asian shares poised to follow Wall Street’s rocky lead

Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.

Business

Wynn, NCR deals a sign of yet more risk returning to bond market

U.S. casino operator Wynn Resorts Ltd and automated teller machines maker NCR Corp jointly raised $1 billion on Tuesday, in the first unsecured junk-rated bond offerings since the market was roiled by the coronavirus outbreak at the start of March.

Top News

At-home COVID-19 deaths may be significantly undercounted in New York City

The daily tally of New York City residents who died at home with coronavirus-like symptoms exploded from 45 on March 20 to 241 on April 5, according to Fire Department of New York data – suggesting the city may be significantly undercounting COVID-19 deaths.