New York State reports the most coronavirus cases in the world

Saskatchewan Roughriders CEO says Grey Cup planning continues amid COVID-19

Saskatchewan Roughriders’ president and CEO Craig Reynolds says Grey Cup planning will continue as usual as the club faces uncertainty amid the COVID-19 pandemic.

Grey Cup 2020 is set to take place at Mosaic Stadium in Regina on Nov. 22.

Yemen's Houthis target areas in Yemen's port city of Hodeidah: Saudi state TV

RIYADH (Reuters) – Saudi state TV said early on Thursday that Yemen’s Houthis targeted residential areas in Yemen’s port city of Hodeidah, hours before a ceasefire announced by the Saudi-led coalition takes effect.

The Saudi-led coalition fighting Houthis in Yemen announced on Wednesday a nationwide ceasefire for two weeks starting on Thursday at noon, Saudi state news agency SPA reported.

How do you spot the market bottom? One strategist weighs in

New York (CNN Business)US stock futures were mixed in after-hours trading on Wednesday following a Wall Street rally as investors’ hopes for a coronavirus recovery continue to grow.

Dow (INDU) futures were up 18 points, or about 0.1%. S&P 500 (SPX) futures were down 0.1% and Nasdaq (COMP) futures were down about 0.2%.
Wall Street rallied Wednesday on rising optimism that the coronavirus spread in hot spot countries is slowing.

    The Dow finished up 3.4%, or 780 points, closing above 23,000 points for the first time in nearly a month. The S&P 500 closed 3.4% higher. The Nasdaq ended the day up 2.6%.
    Johns Hopkins University changed the trending status for the United States to “down” on Wednesday, because of changes in the five-day moving average of new cases of the coronavirus. The data could change as more cases are reported.

      More than 419,000 people in the US have been infected with coronavirus, and more than 14,200 have died.
      – Anneken Tappe contributed to this report

      BlackRock won't layoff employees due to coronavirus: CEO Larry Fink

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      (Reuters) – BlackRock Inc the world's largest asset manager, will not layoff any employees during the year due to the coronavirus outbreak, Chief Executive Officer Larry Fink said on Wednesday.

      CORONAVIRUS: WHAT'S THE MAX UNEMPLOYMENT BENEFIT UNDER CARES ACT?

      The company will also pay full-time wages to support staff, such as cafeteria and maintenance workers, even if they cannot come to work, Fink wrote in a LinkedIn post.He said more than 90% of asset manager's employees were working remotely.

      BlackRock had about 16,200 employees as of Dec. 31, according to its annual filing.

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      Other major financial institutions, including top U.S. banks Citigroup and Morgan Stanley have also assured their employees that there will not be any layoffs at those institutions because of the pandemic.

      New Yorkers nab Hawaii vacation rentals amid coronavirus fears

      Some New Yorkers are saying “aloha!” to island paradise as the coronavirus shutters the city.

      Broker Michael Bolla just moved two long term clients — a couple in their 50s who work in the entertainment industry — out of their $8 million home in Midtown and into $20,000-a-month two-bedroom in Maui.

      Bolla, of Sotheby’s International Realty, found the Hawaiian home and arranged for their special coronavirus-escape flights to the island for his clients.

      The real estate agent is now in Maui himself, and is getting his broker’s license there. As a broker during New York’s COVID-19 outbreak, “you are doing everything you can to help people figure out their lives,” he says.

      “Many of my clients are now in their 60s and 70s. They understand that they are not going back to life as usual any time soon,” he adds. “The number of deaths in New York [has been] heartbreaking. The realization of how much our lives have changed and the fear of who else we will lose is scary.”

      New York State reports the most coronavirus cases in the world

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      (Reuters) – New York state on Wednesday reported the most coronavirus cases in the world, overtaking Spain, according to a Reuters tally.

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      The U.S. state has 149,316 reported cases compared with Spain at 146,690. Italy is now in third place with 139,422 cases reported on Wednesday. In total, the United States has recorded over 417,000 cases and 14,100 deaths, according to the Reuters tally.

      CORONAVIRUS: WHAT'S THE MAX UNEMPLOYMENT BENEFIT UNDER CARES ACT?

      The United States was prepared this week for what one official called the “peak death week” of the coronavirus and saw a record 1,900 new deaths on Tuesday.

      European countries, including hardest-hit Italy and Spain, have started looking ahead to easing lockdowns but their coronavirus-related fatality rates have fluctuated after initially showing a decline.

      Spain’s official coronavirus death toll edged higher again on Wednesday but officials say the epidemic is in a slowdown phase.

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      Italy imposed a nationwide lockdown on March 9 to slow the spread of the virus and Spain followed on March 14. New York state required all residents to stay home except for essential business on March 20 and now more than 94% of Americans are under similar orders.