Stocks move higher on Wall Street, extending global gains
(AP) Stocks are moving higher on Wall Street, extending a global rally, as the U.S. market bounces back from its worst week in two months. The S&P 500 rose 3.2% Monday. Investors were encouraged to see that European countries were taking more steps to lift lockdowns put in place to contain the coronavirus outbreak. They…
Read More
Japan Plunges Into Recession as US States Start Opening Up
New York, NY (AP) — Japan’s economy plunged into recession in the first quarter as the coronavirus pandemic squelched business activity, while leaders in the U.S. and Europe weighed the risks and rewards of lifting COVID-19 restrictions knowing that a vaccine could take years to develop. China, which reported just seven new cases on Monday,…
Read More
Tensions rise as Texas governor readies to lift more rules
AUSTIN, Texas (AP) — Local leaders on the Texas border are asking Republican Gov. Greg Abbott to delay letting more businesses reopen next week. Health officials in El Paso say they're worried about relaxing lockdown measures after COVID-19 cases in their community surged by 60% in the past two weeks. Abbott on Monday is set…
Read More
Philippines Riding out Typhoon After Virus Slows Evacuations
Manila, Philippines (AP) — More than 150,000 people are riding out a weakening typhoon in emergency shelters in the Philippines after a mass evacuation that was complicated and slowed by the coronavirus. The typhoon has weakened and was blowing northwestward toward the populous main northern island of Luzon. There was no immediate reports of casualties…
Read More
Virus tests hospitals in pockets of US as some states reopen
SILVER SPRING, Md. (AP) — Coronavirus outbreaks are testing the public health networks in pockets of the U.S., while some states prepare to lift lockdown measures, seeing signs of progress. From a hospital near the Navajo Nation to the suburbs of the nation’s capital, front-line medical workers in COVID-19 hot spots are struggling to keep…
Read More