April 18 (Saturday)
YRI Express
Morning Briefing PDF
Daily Markets
Markets
Dow jumps 700 points on hope for a coronavirus treatment, closes at highest level since March C
Stocks Rally to Close Second Week of Gains W
A blast of earnings news is coming, but the market may be more focused on when the economy will reopen C
U.S. Crude Prices Drop to New 18-Year Low W
The US dollar is still king during the coronavirus NN
Central banks
New York Fed’s Williams Says Recovery Unlikely to Be Swift W
Fed Says It Will Disclose Borrower Information in Crisis Lending B
US
Here Are the Companies Getting Federal Funds for Covid Relief B
Nearly 3 million borrowers have been granted mortgage relief, and the industry is crying for help C
Homebuilding just had its worst month since 1984. What traders see ahead for the group C
Unemployed workers turn to each other for help getting through complex, crashed filing systems C
Op-Ed: The smart way to get US employees back to work C
China
China Records First Ever Contraction in Quarterly GDP on Coronavirus W
Virus Ravages China’s Economy—and It’s Just Getting Started W
US politics
Loans Averaged $206,000 in Small Businesses Fund That Ran Out B
JPMorgan says it has $26 billion in small business relief applications that need funding C
Giant U.S. Lenders Outpaced by Rivals in Small-Business Rescue B
Top House Republican Backs Adding Hospital Funding to Small-Business Package W
Small Businesses Need Money—but First They Need the U.S. to Reopen W
After earlier confusion, filing requirements are waived and veterans will get stimulus checks automatically C
The Year Tax Day Turned Upside Down W
Geopolitics & trade
North Korea Raises Millions Through Hacking, Smuggling, U.N. Report Finds W
Industries & companies
Airlines: In an age of coronavirus, airlines’ ‘Mr. Fix-It’ says the industry’s future depends on convincing travelers it’s safe to fly again C
Autos: VW Reopens Europe Plants, Offering a Vision of the Postvirus Factory W
Consumer: Procter & Gamble Posts Biggest U.S. Sales Gain in Decades W
Pharma: Coronavirus Drug Report, Though Inconclusive, Sends Gilead Higher W
Corporate finance
Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale – sources R
Virus I
Coronavirus live updates: Global deaths cross 150,000 as Trump urges states reopen C
California governor names Steyer, Yellen and tech CEOs to business recovery task force C
Trump demands states ‘LIBERATE’ after he issues new coronavirus guidelines and protests pop up C
Trump Backs Protests Against Governors’ Stay-at-Home Orders W
What Returning to Work Will Look Like in Offices, Cafes and Factories Around the World B
Virus II
WHO says China revised coronavirus infection data to ‘leave no case undocumented’ C
New York still struggles with 2,000 new coronavirus hospitalizations a day, Gov. Cuomo says C
San Francisco residents required to wear face coverings at essential businesses C
Virus III
Virus Vaccine May Be Ready for Mass Production By Autumn, Oxford Professor Says B
WHO warning: No evidence that antibody tests can show coronavirus immunity C
Antibody study suggests Covid-19 could be far more prevalent in the Bay Area than official numbers suggest C
South Korea’s New Coronavirus Twist: Recovered Patients Test Positive Again W
Facebook Cancels Gatherings With 50 or More People Through June 2021 W
Tech
For the first time ever, a robotic spacecraft caught an old satellite and extended its life C
