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Shares jump on coronavirus drug hopes, oil surges
NEW YORK (Reuters) – World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared....
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Trump, Fauci see hope with Gilead’s drug in coronavirus fight
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday greeted as good news reports that a Gilead Sciences Inc experimental antiviral drug might help fight the coronavirus, and infectious...
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As Lebanon’s crisis deepens, politicians trade blame
BEIRUT (Reuters) – Lebanese politicians who have led their country into financial disaster are squabbling over who is to blame, stirring up old rivalries that may spell even deeper trouble ahead....
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The devil’s in the detail for junk debt investors facing coronavirus defaults
LONDON (Reuters) – Before the coronavirus, investors hungry for returns piled into risky corporate loans and bonds with precious little protection for creditors. Now they’re frantically scouring the...
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Fauci says leak concerns fueled his White House revelation of Gilead drug...
CHICAGO (Reuters) – Concerns over leaks compelled the top U.S. infectious disease official to reveal data on Gilead Sciences Inc’s experimental drug remdesivir, the first in a scientifically rigorous...
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China says it has no interest in meddling in U.S. presidential election
BEIJING (Reuters) – China has no interest in interfering in the U.S. presidential election, it said on Thursday, following comments by U.S. President Donald Trump that Beijing “will do anything they...
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Most of U.S. House wants Trump to shift Iran tactics at U.N., sources say
WASHINGTON (Reuters) – Nearly 90% of U.S. House of Representatives members have signed a letter urging the Trump administration to change the way it is dealing with the United Nations as it pushes the...
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Hundreds protest in Michigan seeking end to governor’s emergency powers
DETROIT/LANSING, Mich. (Reuters) – Hundreds of protesters, some armed, gathered at Michigan’s state Capitol in Lansing on Thursday objecting to Governor Gretchen Whitmer’s request to extend emergency...
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Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain...
(Reuters) – Apple Inc (AAPL.O) reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” as...
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Trump says could give job to former national security adviser Flynn
FILE PHOTO: Former U.S. national security adviser Michael Flynn departs after his sentencing was delayed at U.S. District Court in Washington, U.S., December 18, 2018. REUTERS/Joshua Roberts...
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‘I won’t be alive to work’– Las Vegas union wants sick leave, quarantine pay
(Reuters) – The winking airport slot machines that tell visitors they have arrived in Nevada’s Sin City are turned off and wrapped in police tape; the famed Las Vegas Strip is so empty a group of...
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As U.S. jobless claims surged in March, some states lagged with payments
(Reuters) – Fewer than one in five Americans who filed for unemployment benefits in March received their first payments before the month was over, shedding light on how states struggled to distribute...
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Overnight closure of New York subways may presage bigger changes
NEW YORK (Reuters) – New York City’s subway, the ear-splitting, nerve-jangling system that New Yorkers and tourists alike love to hate, is taking the unprecedented step of halting overnight service in...
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For cloud giants, usage soars but tech investment delays hobble revenue growth
(Reuters) – As lockdown orders force billions of people to work, learn and play from home during the novel coronavirus outbreak, usage has surged for the cloud computing services that power video...
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White House blocks Fauci from testifying to Congress on coronavirus response
WASHINGTON (Reuters) – Top U.S. health official Anthony Fauci will not testify next week to a congressional committee examining the Trump administration’s response to the coronavirus pandemic, the...
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U.S. emergency approval broadens use of Gilead’s COVID-19 drug remdesivir
WASHINGTON (Reuters) – Gilead Science Inc’s (GILD.O) antiviral drug remdesivir was granted emergency use authorization by the U.S. Food and Drug Administration for COVID-19 on Friday, clearing the way...
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Coronavirus scrambles 2020 expectations for Trump in must-win Florida
TAMPA, Fla. (Reuters) – Before the coronavirus pandemic, Desi Marinov considered herself “apolitical.” The Fort Lauderdale, Florida, flight attendant didn’t even bother to vote in the 2016...
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Americans begin to surface from isolation as states ease clamp-downs
HOUSTON (Reuters) – Americans in about half of U.S. states, led by Texas and Georgia, began emerging on Friday from home confinement while California and New York held fast to business closures and...
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Special Report: How a corporate PR machine is trying to kill a Wall Street tax
WASHINGTON (Reuters) – As Democratic presidential hopefuls descended on New Hampshire prior to the state’s Feb. 11 primary, John Tackeff was busy. John Tackeff, representing the Partnership, queries...
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Conservative groups advising White House push fast reopening, not testing
WASHINGTON (Reuters) – Conservative groups advising the White House have issued an array of coronavirus economic reopening plans with a common theme – Americans should go back to work immediately to...
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