March 18 (Wednesday)
YRI Express
Morning Briefing PDF
Daily Markets Overview
Markets
Dow rebounds more than 1,000 points as Trump seeks $1 trillion in stimulus for coronavirus fight C
Traders Bet on Falling ‘Fear Gauge’ W
U.S. Plans to Keep Markets Open, Considering Shorter Hours B
Oil Trades Below Lowest Settlement Price Since 2003 in New York B
Central banks
Fed officials flag possible further steps in Fed crisis response R
Fed moves to backstop funding for U.S. companies as coronavirus fallout spreads R
Fed to Launch Funding Facility Amid Coronavirus Uncertainty W
The Fed will keep short-term cash injections to banks going through the week C
US
Unemployment could hit 20%, Mnuchin says NN
U.S. Delays April 15 Tax Payments for 90 Days for Most Americans W
Europe
European Union will close external borders for 30 days to slow coronavirus pandemic C
WHO urges Europe to learn from China, take ‘boldest’ action possible to tackle coronavirus C
‘Whatever it takes’: UK pledges almost $400 billion to help businesses through coronavirus C
China
As China’s coronavirus outbreak eases, a wary return to shops for consumers R
China expels American journalists as spat with U.S. escalates R
US politics
Trump seeks stimulus package potentially worth more than $1 trillion, including direct payments to Americans C
Trump Pushes $1.2 Trillion Stimulus, $1,000 Checks in Two Weeks B
Washington state governor approves $200 million in coronavirus emergency funds R
Biden Has Over Half of Delegates Needed for Nomination B
Geopolitics & trade
China Banishes U.S. Journalists W
Industries & companies
Autos: UAW Presses Auto Makers to Close U.S. Plants Amid Pandemic W
Autos: Tesla Says Deliveries of New Model Y SUV Have Begun W
FAANGs: Amazon Prioritizes Medical Supplies, Household Staples From Merchants W
Hotels: Marriott Starting to Furlough Tens of Thousands of Employees W
Pharma: J&J hopes to start human trials for coronavirus vaccine in November C
Tech: Telemedicine Gets a Boost From Coronavirus Pandemic W
Technology
Uber stock drops 6.8% after it cancels car pools, tech stocks rally C
Corporate finance
Coronavirus Turmoil Throws Biotechnology IPOs Into Question W
SoftBank Backs Away From Part of Planned WeWork Bailout W
Virus I
US, UK coronavirus strategies shifted following UK epidemiologists’ ominous report NN | report
U.S. Tries to Slow Virus Impact, as Europe Hunkers Down W
Pentagon to free up 5 million respirator masks and 2,000 ventilators for coronavirus efforts C
U.S. Military Readies Hospital Ships for Deployment, to Open Its Labs W
To Track Virus, Governments Weigh Surveillance Tools That Push Privacy Limits W
Coronavirus Pushes Factories to Stagger Shifts, Separate Workers W
Virus II
Regeneron’s CEO Says We Could Have a Covid-19 Treatment ‘Quickly’ BR
Blood-Sample Shortages Slow Drug Search W
Singapore, Taiwan and Hong Kong Face Second Wave of Coronavirus Cases W
Americans Stuck Abroad Told Not to Wait for U.S. Assistance B
Offbeat
New Normal: Working From Home While Schooling the Kids W
Managers Are Making Medical Calls About Who Can Work Where W
