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New World Trend Business News – Most US states will begin reopening within days

(CNN)At least 31 states will partially reopen over the next few days as a patchwork of coronaviris response plans that vary from one state to the next goes into effect. Among the different approaches: California Gov. Gavin Newsom is ordering beache…

New World Trend Business News – BA may not reopen at Gatwick once pandemic passes

Image copyright Getty Images Image caption Airlines across the world have grounded aircraft as passenger numbers collapse British Airways has told staff that its Gatwick airport operation may not reopen after the coronavirus pandemic passes.The admission came in a memo, written by the head of BA's Gatwick hub and seen by BBC News.BA's Gatwick operation,…

New World Trend Business News – US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks

First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday.Economists surveyed by Dow Jones had been looking for 3.5 million.Jobless claims for the week ended April 25 came in at the lowest level…

New World Trend Business News – American Airlines loses $2.2 billion in first quarter as coronavirus roiled air travel

A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020.Joshua Roberts | ReutersAmerican Airlines lost more than $2.2 billion in the first three months of the year — its biggest quarterly loss since 2008 —as…

New World Trend Business News – The Fed is expanding its Main Street lending to include bigger businesses

The Federal Reserve said Thursday it is expanding its Main Street lending program, opening it to businesses larger and broadening the types of loans that will be available.Touted as one of the cornerstone's the Fed's initiatives to get money to businesses and households in need, the Main Street program now will allow companies with up…

New World Trend Business News – Zoom walks back claims it has 300 million daily active users

Eric Yuan, CEO of Zoom Video Communications poses for a photo after he took part in a bell ringing ceremony at the NASDAQ MarketSite in New York, April 18, 2019.Carlo Allegri | ReutersZoom shares dropped more than 7% on Thursday after the company walked back claims it has 300 million daily active users. Zoom initially reported…

New World Trend Business News – Can The Dow Jones Today Nail Its Best Month In 45 Years? Facebook, Microsoft Rise: Tesla Gaps Above...

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New World Trend Business News – ECB says it’s ready to increase coronavirus stimulus as euro zone posts worst GDP since records began

The European Central Bank (ECB) said Thursday that it had kept interest rates unchanged but was ready to increase its coronavirus stimulus program if needed, as the euro zone faces a deep economic crisis.The central bank also announced that it had eased lending conditions for banks.The decision came on the same day that data revealed the…

New World Trend Business News – Most US states will begin reopening within days

(CNN)At least 31 states will partially reopen over the next few days as a patchwork of coronaviris response plans that vary from one state to the next goes into effect. Among the different approaches: California Gov. Gavin Newsom is ordering beache…

New World Trend Business News – BA may not reopen at Gatwick once pandemic passes

Image copyright Getty Images Image caption Airlines across the world have grounded aircraft as passenger numbers collapse British Airways has told staff that its Gatwick airport operation may not reopen after the coronavirus pandemic passes.The admission came in a memo, written by the head of BA's Gatwick hub and seen by BBC News.BA's Gatwick operation,…

New World Trend Business News – Dr. Anthony Fauci: Remdesivir Is ‘A Very Important First Step’ In Fighting Coronavirus | TODAY

Published on Apr 30, 2020Dr. Anthony Fauci tells TODAY that the antiviral drug remdesivir is “the first step in what we project will be better and better drugs coming along” to treat COVID-19, but cautions, “This is not the total answer.” He expects the FDA to approve the drug “very quickly” and says that Gilead…

New World Trend Business News – US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks

First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday.Economists surveyed by Dow Jones had been looking for 3.5 million.Jobless claims for the week ended April 25 came in at the lowest level…

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New World Trend News – Richard Burr Steps Back From Senate Panel as Phone Seized in Stock Sales Inquiry

BREAKINGThe move is a major escalation in the investigation into the senator's sale of stocks that came as President Trump and other Republicans were playing down the threat of the coronavirus.Senator Richard Burr, Republican of North Carolina, sold hundreds of thousands of dollars’ worth of stock in mid-February.Credit...Pool photo by Win McnameeMay 14, 2020Updated 12:45…

New World Trend News – Massive chunk from China’s failed rocket that fell to Earth missed hitting New York City by MINUTES

A massive chuck of China's failed rocket fell to Earth Monday, but a few minutes sooner and it would have crashed right into New York City.Reports say that debris would have rained down on the Big Apple if the Long March 5B rocket would re-entered the atmosphere just 15 minutes earlier.The Chinese rocket carrying an experimental…

New World Trend News – Supreme Court justices warn that Electoral College cases could lead to ‘chaos’

An audio feed of Supreme Court oral arguments in Trump v. Mazars and Trump v. Deutsche Bank AG, dealing with the subpoenas from the US Congress to obtain US President Donald Trumps financial records, is heard via a teleconference due to COVID-19, known as coronavirus, as seen on a laptop in Washington, DC, May 12,…

New World Trend News – Nearly 200 goats escape quarantine and take over San Jose streets

A herd of nearly 200 goats made their escape Tuesday when they broke the boards of an electric fence and took over East San Jose streets."When I got back from the store all the goats had broken through the fence and were wreaking havoc on our street," tweeted Zach Roelands alongside a video of the…
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