April 02 (Thursday)
YRI Express
Morning Briefing PDF
Daily Markets
Markets
Dow falls 900 points as Wall Street fears coronavirus will shut down economy longer than expected C
Stocks Fall 4% in Bleak Start to Second Quarter W
Just Like That, All the Confidence in the Stock Market Is Zapped B
Investors Are All Amateur Epidemiologists Now W
Brace for coronavirus fallout to take stocks to new lows, $107B money manager warns C
Whiting Petroleum Becomes First Major Shale Bankruptcy as Oil Prices Drop W
European Fund’s Investors Face Penalty Amid Losses W
US
March Factory Activity Gauge Just a Preview of April Stall W
Factories Cut Output, Jobs as Coronavirus Lockdown Bites W
U.S. Nonfarm Private Sector Lost 27,000 Jobs Amid Coronavirus W
White-Collar Job Security Exposes Huge Gap With Service Industry B
Coronavirus Pandemic Widens Divide Between Online, Traditional Businesses W
Who’s Hiring and Who’s Firing: How Firms Are Reacting to the Coronavirus W
Coronavirus Exacts Toll From Business Winners, Too W
Telemedicine, Once a Hard Sell, Can’t Keep Up With Demand W
US politics
Democrats Push to Address Infrastructure in Fourth Coronavirus Stimulus Package W
Treasury Department Selects Wall Street Banks to Advise on Airline Aid W
Trump to Meet With Oil CEOs About Helping Industry W
Biden Doubts Democratic Convention Can Be Held as Planned Due to Coronavirus W
Industries & companies
Autos: Worst yet to come as coronavirus takes its toll on auto sales C
FAANGs: Apple has a new agreement with Amazon that lets you rent movies through Prime Video on iPhone C
FAANGs: Amazon Struggles to Find Its Coronavirus Footing. ‘It’s a Time of Great Stress.’ W
Financials: Fed Temporarily Eases Capital Requirements for Big Banks W
Virus I
White House advisor Fauci says coronavirus vaccine trial is on target and will be ‘ultimate game changer’ C
Coronavirus could kill more Americans than WWI, Vietnam or Korean wars, White House projection shows C
Infected but feeling fine: The unwitting coronavirus spreaders
Why the Richest Country on Earth Can’t Get You a Face Mask W
China Asserts Claim to Global Leadership, Mask by Mask W
China hid extent of coronavirus outbreak, US intelligence reportedly says C
Trump says he doesn’t know if China underreported coronavirus numbers: ‘I’m not an accountant from China’ C
Italy’s Coronavirus Death Toll Is Far Higher Than Reported W
Virus II
Trump says he’s considering halting domestic flights between certain coronavirus hot spots C
New York City needs 3.3 million N95 masks and 400 ventilators by Sunday, Mayor de Blasio says C
Coronavirus live updates: US cases top 200,000, Georgia issues ‘shelter-in-place’ order C
Florida Issues Statewide Limits as U.S. Coronavirus Cases Mount W
The South, Sickest Part of a Sick America, Falls Prey to Virus B
Bend it like the Bay Area: Doctors see flatter curve after 2 weeks of social isolation
Virus III
Coast Guard: Cruise ships must stay at sea with sick onboard
Virus Grounds a U.S. Aircraft Carrier as Crew Quarantined in Guam W
Hospitals, Doctors Feel Financial Squeeze as Coronavirus Sweeps U.S. W
U.S. Plant Workplaces Emerge as Coronavirus Battlegrounds W
Corporate finance
AMC Entertainment Lenders Hire Lawyers for Restructuring Talks W
T-Mobile Absorbs Sprint After Two-Year Battle W
Xerox Is Ending Hostile Takeover Bid for HP W
Offbeat
Booming Interest in Zoom Cocktail Hours Comes With a Corporate Hangover W