China announced overnight it will not set a GDP target for 2020 the world’s second-largest economy faces “factors that are difficult to predict in its development,” due to the uncertainty surrounding the Covid-19 outbreak.
Facebook CEO Mark Zuckerberg at the F8 Facebook Developers conference on April 30, 2019 in San Jose, California.2:28 p.m. ET — Facebook will ramp up its hiring of remote workers and allow certain existing employees to continue working remotely moving forward after coronavirus restrictions ease, CEO Mark Zuckerberg said. The company expectsas a result of this decision, Zuckerberg said.
Economists were hoping the number of Americans continuing to receive unemployment benefits would flatten out or even dip in the latest government weekly report. But the fact it rose by 2.5 million to 25 million, for the week ending May 9, suggests state reopenings or government aid to small business wereThe continuing unemployment data trails by one week data on new claim filings, which totaled 2.4 million in the week ending May 16, down slightly from 2.7 million the week earlier.
Governor Cuomo makes an announcement and holds briefing on COVID-19 response at Feinstein Institute for Medical Research.public schools should begin preparing to reopen this fallThe state plans on issuing guidelines to schools in early June on what they will need to do in order to reopen. Agencies across the country are being forced to adjust how they would typically respond to future catastrophes"How do we care for what could be tens of thousands of people in need of a major evacuation in a major hurricane?" said Trevor Riggen, senior vice president for disaster cycle services for the American Red Cross. "We know we're going to have to open a shelter at some point, and so we've been working to adjust our protocol to make sure we can open safe shelters.
More importantly, it should result in less, if any, time waiting at dealerships and flexible options such as having the vehicle picked up or delivered – something Tesla Motors and other newer auto retailers such asMcConnell says new unemployment benefit will not get extended A travel direction sign is seen in Bryant Park during the coronavirus pandemic on May 20, 2020 in New York City.in the first half of June as the number of people admitted to the city's hospitals and those currently in intensive-care units for Covid-19 continues to decline, Mayor Bill de Blasio said.
10:57 a.m. ET — As states begin to reopen, venues like movie theaters, theme parks and sports stadiums are looking for ways to keep staff and visitors safe. Part of that strategyHowever, for venues that typically have large crowds, trying to do mass temperature checks can be an overwhelming undertaking. To handle that, tech companies IntraEdge and Pyramid have created a contactless kiosk that can check the temperature of up to 1,500 people per hour.
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