New York Governor Andrew Cuomo said on Thursday a preliminary survey found that nearly 14% tested positive for antibodies against the novel coronavirus, suggesting that as many 2.7 million New Yorkers may have been infected with the disease.
Toyota Motor Corp said on Thursday it expects to gradually resume North American production starting May 4 and will impose significant new safety procedures after it halted operations in March because of the coronavirus pandemic.
Small business customers have complained that banks, including JPMorgan, have been slow to process applications for the PPP.
"We have to win the trust of the staff and the guests as well," said Willie Degel, owner of Uncle Jack's Meat House in Duluth, Georgia.
The U.S. House of Representatives returned to Washington on Thursday to pass a $484 billion coronavirus relief bill, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion.
Facebook Inc has removed "pseudoscience" as an option for advertisers who want to target audiences, a category available until this week even as the world's largest social media network vowed to curb misinformation about the COVID-19 pandemic.
Millions of stimulus payments have been sent or are on their way to Americans. However, many people are still having problems finding out the status of their payments. One IRS web tool, in particular, has caused some confusion.
Wall Street was in positive territory on Tuesday but surrendered strong earlier gains after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial.
Intel Corp forecast current-quarter profit below analysts' estimates on Thursday as the semiconductor industry deals with slack demand due to massive shutdowns from the coronavirus outbreak, sending the chipmaker's shares down 6% in extended trading.
U.S. coronavirus deaths topped 49,000 on Thursday as the number of lives lost in April rises by an average of 2,000 a day, according to a Reuters tally.
Most major stock markets edged up slightly in mixed markets on Thursday as investors weighed a rebound in oil prices and prospects for further government stimulus against stark economic data showing the toll of the coronavirus pandemic.
The S&P 500 ended marginally lower on Thursday after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial, denting earlier optimism that the impact of the pandemic on the labor market was nearing an end.
The bill, which aims to boost small businesses and hospitals and expand testing, is set to become law in the coming hours with Trump's signature.
There is "substantial doubt" about Avianca Holdings' ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion of its financial auditors.
The U.S. House of Representatives looked poised to pass a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion.