Brazil Has Deadliest Day; NYC Keeps Reopening Plan: Virus Update

New York Governor Andrew Cuomo warned that mass protests against police violence could accelerate the spread of coronavirus and undo weeks of social-distancing efforts. Even with the unrest, New York City still plans to begin reopening Monday. Tokyo issued an alert to residents urging additional caution after a spike in new cases, while Hong Kong extended prevention measures. Brazil reported […]

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KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis

When Covid-19 hit the world economy, KKR & Co.’s management jumped on calls and quickly agreed they’d seen this movie before. The plot contained a massive market dislocation, financing shutdown and uncertain future for company earnings. That was during the great financial crisis, which KKR could have played better, according to Johannes Huth, its top dealmaker in Europe. “There’s a […]

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Coronavirus stay-at-home measures sent people streaming for entertainment

Fox Business Flash top headlines for May 29 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below The coronavirus pandemic has presented challenges to people stuck at home either quarantining or just following local stay-at-home guidelines. When […]

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Italy’s New Coronavirus Cases on Declining Trend on Sunday

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Coronavirus infection continued to decline in Italy, with 355 new cases reported Sunday compared with 416 a day earlier. Daily deaths were 75, down from 111 on Saturday. In all, 33,415 people in Italy […]

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First Patient Didn’t Start Washington Outbreak, Simulation Finds

For months, researchers have believed that the very first known U.S. case of Covid-19 in mid-January may have seeded an initial large outbreak in the Seattle area, spreading undetected for almost six weeks. However, a new analysis from researchers at the University of Arizona and elsewhere, based on computer simulations of how the virus evolves, indicates that this is most […]

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Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made it vulnerable. Serta Simmons — a 150-year-old manufacturer that controls nearly 40 percent of the US mattress market — is facing a liquidity crunch as its retailers struggle with state-ordered lockdowns that have shuttered stores […]

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One Of The First California Counties To Reopen Is Closing Again

Lassen County, a county of 30,000 people in the far reaches of Northern California, was one of the first places in the state to reopen in early May. But this week, it became the first to reverse course because of a resulting coronavirus outbreak. The county’s public health officer, Dr. Kenneth Korver, announced the decision on Tuesday after confirming the […]

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First Covid-19 Contact Tracing App With Apple-Google Technology Launched

Switzerland has launched coronavirus contact-tracing app that was developed using the Exposure Notifications technology from Google and Apple, to prevent further spread of the virus. SwissCovid App, jointly developed by teams at ETH Zurich and EPF Lausanne on behalf of the federal government, is the first app to use the latest application programming interface or API from the U.S. tech […]

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IATSE Grips Local 80 Chief Thom Davis On Restarting Production: “There Is A Deep Understanding Of The Perils If We Don’t Get It Right”

As the film and TV industry prepares to reopen amid the coronavirus pandemic, Thom Davis, business manager of IATSE Local 80, told his members that “We must recognize that we cannot eliminate 100% of the risk, but we are working toward the goal of providing for the safest workplace possible. There is a deep understanding of the perils if we […]

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