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Waste Management CEO talks Q1 beat, trash collection during coronavirus

Waste Management CEO Jim Fish made an appearance on CNBC's "Mad Money" to discuss the trash collector company's three-month performance and what's ahead.




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Etsy e-retail sales jump 79%, sold 12 million face masks in April, CEO says

Etsy CEO Josh Silverman discussed the e-retailer's sales swings from March to April and how the company has responded to the coronavirus pandemic.




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Moderna CEO: Covid-19 vaccine will be 'supply constrained for quite some time'

Moderna CEO Stephan Bancel tells "Squawk Box" that he anticipates the supply of Covid-19 vaccines will be 'constrained' at first and that the company will work closely with the U.S. government to distribute the first batches of the vaccine to areas that have the most need.




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'We will starve': Zimbabwe's poor full of misgiving over Covid-19 lockdown

Unable to access state benefits, food and even running water as the country shuts up shop, people in Harare fear the worst

Nelson Mahunde, 70, trudges along the deserted streets of Harare’s central business district to collect his monthly pension.

In one hand, he clutches a pension letter; with the other, he hold on firmly to his walking stick.

How can we wash our hands regularly when there is no running water?

Related: Zimbabwe's president appeals for help to end country's 'financial isolation'

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Doctors sue Zimbabwe government over lack of Covid-19 protective equipment

Court application warns ‘many lives will be lost’ without urgent action to provide face masks

The Zimbabwean government has been taken to court over its failure to provide doctors working on the frontline of the Covid-19 pandemic with masks.

The Zimbabwe Association for Doctors for Human Rights (ZADHR) is seeking to compel the authorities urgently to provide personal protective equipment (PPE) for medical practitioners, warning that medics in the country’s troubled health sector will otherwise die.

Related: 'We will starve': Zimbabwe's poor full of misgiving over Covid-19 lockdown

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Are you having second thoughts about that PPP loan? You have until May 14 to pay it back

If you had other sources of liquidity available to your company, and applied for the Paycheck Protection Program anyway, now might be the time to think about giving the cash back. You have just over a week to act.




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Federal business disaster loans now capped at $150,000 and limited to agriculture

The Small Business Administration has sharply curtailed the Economic Injury Disaster Loan program, limiting new applicants to only agricultural businesses and capping max loan amounts at $150,000, down from $2 million, according to reports.




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White House weighs pushing tax deadline back to Sept. 15

To help bolster the economy, the White House is weighing a variety of measures, including the possibility of extending the tax deadline to September or even December.




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Families of dead Covid-19 victims may have to give back stimulus checks

New guidance from the IRS makes it clear that stimulus checks cut to deceased people must be returned. But what about those who die from the coronavirus? That depends on the timing of the deaths and receipt of the checks.




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Unemployment just hit 14.7% yet the market is way up. Please explain!

How to understand what's going on when the jobless rate is surging and so are stock prices. Unemployment's up and so is the stock market. Why?




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IRS sets May 13 deadline to submit direct deposit information for stimulus checks

If you want to get your $1,200 stimulus check more quickly, you need to make sure the government has your bank account information on file. But time is running out. You now have until noon on May 13 to enter that data.





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Canopy's big day, and bitcoin surges nearly 18% this week

Canopy Growth surges as Constellation ups its stake in the company. And a look at bitcoin's big week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso.




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San Francisco targets May 18 for some businesses to resume

CNBC's Dominic Chu reports that San Francisco is targeting May 18 to reopen some businesses.




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Sotheby's CEO on how the company shifted focus during Covid-19 pandemic

Charles Stewart, Sotheby's CEO, on how the company has shifted business during the pandemic. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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‘We are living in a catastrophe’: Peru's jungle capital choking for breath as Covid-19 hits

Iquitos, still reeling from a dengue fever outbreak and plagued by poverty, relies on air deliveries for medicine, equipment and oxygen

In the final hours before Covid-19 claimed her life, Cecilio Sangama watched helplessly as his eldest sister Edith gasped for breath.

Hospitals across Peru’s largest Amazon city had run out of oxygen, and the shortage had pushed the black market price of a cylinder well above $1,000 (£810).

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Coronavirus news Australia: evacuation flights for stranded citizens in India as some states ease Covid-19 restrictions – as it happened

The Australian government has arranged four additional Qantas flights to Delhi, Mumbai and Chennai in the coming fortnight. This blog has now closed

To recap, this afternoon there were 6,929 Covid-19 cases in Australia, with the death toll at 97.

There had been 16 new cases in the last 24 hours, four of which were related to the Cedar Meats cluster in Victoria.

Related: Coronavirus Australia latest: at a glance

There are just two people in South Australia considered to be active cases of Covid-19.

No further cases were recorded when the state health department released updated statistics on Saturday, with South Australia’s total tally remaining at 439.

We want people to get out and explore our fabulous regions. It is safe for regional travel in South Australia.

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WHO conditionally backs Covid-19 vaccine trials that infect people – as it happened

20m Americans lost their jobs in April; Donald Trump says virus will ‘go away without a vaccine’. This blog is now closed, follow our new blog below

We are closing this blog now, but you can stay up to date with all the latest news on our new global live blog which you can find below.

Related: Coronavirus live news: global cases approach 4 million as US unemployment hits 14.7%

New Zealand’s cabinet will meet on Monday to decide the future of the country’s tough but effective lockdown – though Kiwis have been told not to visit their mums this Mother’s Day.

Next week, Ardern’s government will plot a path back to something close to normality, meeting to decide a timetable for the removal of social and business restrictions. The prime minister has already released what level two restrictions will look like, including the re-opening of restaurants, hairdressers, gyms, cinemas and public facilities like museums and libraries.

Social restrictions could end immediately, with provisions for schools, business and personal movement more likely to be phased in.

Any decision will come too late for Kiwi mums to enjoy visits from sons and daughters not already in their household bubbles. Ardern has banned socialising outside of existing households, with few exceptions, and told Kiwis this week to “stick to the plan” ahead of Monday’s review.

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IMF warns of further drop in global growth due to Covid-19

Monetary fund warns the US and China against continuing trade war, saying it could damage coronavirus recovery

The head of the International Monetary Fund has signalled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic.

Kristalina Georgieva, the IMF’s managing director, told an online event hosted by the European University Institute that recent economic data for many countries was coming in below the fund’s already pessimistic forecast for a 3% contraction in 2020.

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European schools get ready to reopen despite concern about pupils spreading Covid-19

Germany’s top coronavirus expert says children play as big a role as adults in spread

More countries across Europe are preparing to reopen schools in the coming weeks despite conflicting advice from scientists, some of whom caution against underestimating children’s potential to spread the coronavirus.

Some schools and nurseries in Denmark and Norway have already reopened, and grandparents in Switzerland are allowed to hug grandchildren under 10, following a ruling by the health ministry’s head of infectious diseases that it is safe to do so.

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Spain and Italy ease Covid-19 lockdown but Russia hits daily high

Two of Europe’s worst affected countries begin careful process of opening up societies again

Spain and Italy, two of the European countries hardest hit by coronavirus, are beginning to emerge from lengthy and strict lockdowns as Russia and Afghanistan reported their biggest one-day rises in new infections.

In Spain, where 217,466 cases of Covid-19 and 25,264 deaths have been confirmed, adults were allowed back on to the street to exercise for the first time in seven weeks this weekend.

Epidemics of infectious diseases behave in different ways but the 1918 influenza pandemic that killed more than 50 million people is regarded as a key example of a pandemic that occurred in multiple waves, with the latter more severe than the first. It has been replicated – albeit more mildly – in subsequent flu pandemics.

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Trump 'very confident' of Covid-19 vaccine in 2020 and predicts up to 100,000 US deaths

US president again criticises Beijing as European countries prepare to ease lockdown

Donald Trump has said he is “very confident” there will be a vaccine for coronavirus by the end of the year, revising up his estimate of the final US death toll as several European countries prepare for a cautious easing of lockdowns.

The president used a Fox News “virtual town hall” on Sunday night to repeat his regular virus talking points, including that a vaccine was not far away, Covid-19 was China’s fault and the economy would not only recover but “grow like crazy”.

Related: Mike Pompeo: 'enormous evidence' coronavirus came from Chinese lab

Global coronavirus cases have surpassed 3.5 million with more than 247,000 deaths.

In New York, the centre of the US outbreak, an emergency field hospital erected in Central Park is set to close. Dozens of New Yorkers were fined for violating social distancing guidelines as they flocked to beaches and parks in balmy weekend weather.

China reported three new coronavirus cases, versus two the day before.

Japan’s state of emergency is expected to be extended until the end of the month.

France will not quarantine anyone arriving from the EU, the Schengen area or Britain due to the coronavirus.

New Zealand has reported no new coronavirus cases for the first time.

South Korea plans to ease a ban on some gatherings and events as long as they “follow disinfection measures”.

Brazil has become the first country in Latin America to report more than 100,000 cases.

The Iranian president, Hassan Rouhani, announced mosques will reopen across large parts of the Islamic republic after they were closed in early March.

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French hospital discovers Covid-19 case from December

Man found to have had virus a month before government confirmed first cases

A French hospital that retested old samples from pneumonia patients has discovered that it treated a man with the coronavirus as early as 27 December, nearly a month before the French government confirmed its first cases.

Dr Yves Cohen, head of resuscitation at the Avicenne and Jean Verdier hospitals in the northern suburbs of Paris, told BFM TV that scientists had retested samples from 24 patients treated in December and January who tested negative for flu.

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How can I speed up a Windows 10 laptop?

Matt is resurrecting a 10-year-old laptop with only 4GB of memory. How can he make it run faster?

I am trying to resurrect an old but good-in-its-day laptop for my son to use for his A-levels. I have bought a cheap 256GB SSD to improve the read/write speeds, but it seems I am stuck with the current 4GB of memory. Its two memory slots could support 8GB but 4GB DDR2 memory modules are prohibitively expensive at roughly £65 each. It doesn’t seem to make sense spending that sort of money on outdated memory technology for a 10-year-old laptop.

What is the best way to set up Windows 10 so it runs fast on relatively limited memory? Is it worth using a different browser to Chrome? Is Microsoft Office too much of a resource hog?

Chip costs are driven by production volumes, so obsolete types of memory are no longer in production, or are very expensive to produce. Often, there are alternatives, such as buying second-hand memory modules, and cannibalising laptops sold on eBay for “spares or repair”.

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Pentagon ordered to halt work on $10bn 'war cloud' project after Amazon protest

Amazon requested the injunction after alleging that bias from Donald Trump caused the contract to be awarded to Microsoft

A federal court has ordered a temporary halt in Microsoft’s work on a $10bn military cloud contract that Amazon was initially expected to win. Amazon sued in December to revisit that decision, alleging that Donald Trump’s bias against the company hurt its chances to win the project.

Amazon requested the court injunction last month. The documents requesting the block and the judge’s decision to issue the temporary injunction are sealed by the court.

Related: From books to bullets: inside Amazon's push to 'defend' America

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Xbox Series X console features 12 teraflops graphics processor

Microsoft confirms key specs of games console plus new ‘Smart Delivery’ feature allowing one-size-fits-all game purchases

Microsoft has confirmed that its next games console, the Xbox Series X, will feature a 12 teraflops graphics processor, eight times more powerful than the Xbox One graphics chipset.

The announcement, made by the Xbox chief, Phil Spencer, via Microsoft’s Wire news site, confirmed recent rumours about the machine, which is launching this winter.

Related: Follow your Dreams: how the future of playing video games is making them

Related: Xbox chief: 'We discussed whether we should even do another console'

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Covid-19 could cause permanent shift towards home working

Tech firms will benefit, but some companies could find employees don’t want to return to the office

Covid-19 could permanently shift working patterns as companies forced to embrace remote working by the pandemic find that their employees do not want to return to the office once the closures are lifted.

The sudden increase in working from home is presenting problems as well as opportunities: on the one hand, startups such as Slack and Zoom and established giants including Google and Microsoft are offering their tools for free, in the hope that people who start using them in a crisis may carry on once normality returns.

Related: The art of Skype set-dressing: how to video-call the office when in quarantine | Imogen West-Knights

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Microsoft Surface Pro 7 review: the best Windows 10 tablet PC you can buy

USB-C completes top Windows 10 tablet with great screen, design and kickstand, plus latest Intel chips

The Surface Pro 7 is an update of the excellent Surface Pro 6 with new processors and, finally, a USB-C port.

That means the design of the new Surface Pro 7 hasn’t changed since the 2017 Surface Pro 5, with Microsoft taking an “if it ain’t broke” approach. It’s competitively priced at £699 and up – but you have to pay at least £125 for the keyboard if you want one – which annoyingly is not included in the standard price.

Screen: 12.3in LCD 2736 x 1824 (267 PPI)

Processor: Intel Core i3, i5 or i7 (10th generation)

RAM: 4, 8 or 16GB

Storage: 128, 256, 512GB or 1TB

Graphics: Intel UHD (i3) or Intel Iris Plus (i5/i7)

Operating system: Windows 10 Home

Camera: 8MP rear, 5MP front-facing, Windows Hello

Connectivity: Wifi 6, Bluetooth 5, USB 3.0, USB-C, headphones, TPM, microSD

Dimensions: 292 x 201 x 8.5 mm

Weight: 775 or 790g (i7 version)

The Surface Pro 7 ships with a standard version of Windows 10 Home with device encryption

The tablet no longer supports on-screen interaction with Microsoft’s Surface Dial accessory

Pros: great screen, good battery life, brilliant keyboard (essential additional purchase), microSD card reader, excellent kickstand, Windows Hello, solid build, easy to carry, USB-A and USB-C

Cons: no Thunderbolt 3, fairly expensive, keyboard should be included, Core i7 version fans are more audible

Microsoft Surface Pro X review: not yet ready for prime time

Microsoft Surface Laptop 3 review: still sleek, just no longer unique

Microsoft Surface Go review: tablet that’s better for work than play

Microsoft Surface Studio 2 review: in a class of its own

16in MacBook Pro review: bigger battery, new keyboard, new Apple

Apple MacBook Air review: the new default Mac

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From Fortnite to Fifa: 100 great video games to play in lockdown

From being a goose on the loose to controlling whole galaxies, here’s a world of experiences for all the family

The cinemas may be shut, the gig venues closed, but there is one place you can still meet your friends and be entertained without leaving your house: the world of gaming. For many of us, it has been years since we could really justify spending all day in our pyjamas slaying virtual dragons – now that way of life, for some at least, is a little less frowned-upon. But if you’re returning to serious gaming after a few years away, where exactly should you be spending your valuable money and time? Here are no less than 100 highly recommended titles, from family favourites to epic sci-fi sagas – all available on current platforms, be it PC, smartphones or consoles. Whether you want to be moved, terrified, relaxed or intellectually challenged, alone or with pals, we’ve got more than enough here to keep you occupied until you’re out and about again …

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America's billionaires are giving to charity – but much of it is self-serving rubbish | Robert Reich

Well-publicized philanthropy shows how afraid the super-rich are of a larger social safety net – and higher taxes

As millions of jobless Americans line up for food or risk their lives delivering essential services, the nation’s billionaires are making conspicuous donations – $100m from Amazon’s Jeff Bezos for food banks, billions from Microsoft co-founder Bill Gates for a coronavirus vaccine, thousands of ventilators and N95 masks from Elon Musk, $25m from the Walton family and its Walmart foundation. The list goes on.

Related: Call for super-rich to donate more to tackle coronavirus pandemic

Why should we believe that Gates or any other billionaire’s 'boldness' necessarily reflects society’s values and needs?

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a columnist for Guardian US

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Xbox Game Pass subscriptions hit 10 million

Pay-monthly service sees huge surge in players and gaming time due to Coronavirus lockdown

Microsoft has announced that its Xbox Game Pass subscription service has passed 10 million members. The initiative, which adopts a similar model to Netflix and other streaming platforms, gives subscribers unlimited access to more than 100 Xbox and PC games for a monthly fee.

Commenting on the figure, Xbox chief Phil Spencer said that use of Game Pass, as well as the company’s online multiplayer gaming service Xbox Live, had increased substantially in recent weeks due to Covid-19. “Since March, Xbox Game Pass members have added over 23 million friends on Xbox Live, which is a 70% growth in friendship rate,” he said. “Game Pass members are also playing twice as much and engaging in more multiplayer gaming, which has increased by 130%.”

We saw record engagement in gaming this quarter:
• Xbox Live has nearly 90 million monthly active users
• Xbox Game Pass has more than 10 million subscribers
• Project xCloud has 100s of thousands of active users in preview across 7 countries, with more coming

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Assassin’s Creed Valhalla among 13 games announced for Xbox Series X

Xbox livestream showcases new titles designed to support the advanced features of the forthcoming console

Microsoft has revealed 13 games coming to its Xbox Series X console when the machine launches this winter. In an hour-long presentation, streamed live on Thursday, the company announced that well-known titles such as the recently announced Assassin’s Creed Valhalla, as well as Madden NFL 21 and Yakuza: Like a Dragon, will all be on Xbox Series X.

Also featured was Paradox Interactive’s vampire adventure, Vampire: The Masquerade – Bloodlines 2. Codemasters presented its racer DiRT 5 complete with impressive lighting and mud splatter effects, and an option to run it in 4K at 60 frames-per-second or in a lower resolution at 120fps. Namco Bandai showed a new anime-style sci-fi thriller named Scarlet Nexus, about a group of psychic law enforcers.

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US Nasdaq index recovers all of 2020's losses triggered by Covid-19

Gains from the likes of Amazon, Netflix and Microsoft boosted the index as it turned positive

The technology-heavy Nasdaq index turned positive for 2020 on Thursday, boosted by gains in the share prices of companies such as Amazon, Microsoft and Netflix, which have fared well during the Covid-19 lockdown.

The US index caught up all this year’s losses, taking it back to its level at the beginning of January, after rising 1.4% on Thursday to 8,979.66. It ended last year at 8,972.

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Market reflects living with virus for 12-18 months: BNY Mellon's Levine

Alicia Levine, BNY Mellon chief investment strategist, and David Rolfe, Wedgewood Partners CIO, join 'Power Lunch' to discuss the state of the markets as stocks continue to rally on optimism the economy will open.




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Household debt hit $14.3T in the first quarter, here's what it means

Douglas Holtz-Eakin, American Action Forum president, joins 'Power Lunch' to discuss the rise of corporate and household debt surging amid the Covid-19 pandemic.




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Trading Nation: Norwegian Cruise Lines says it expects Q1 loss. Here's what investors are seeing

Norweigan Cruise is down 20 percent. Matt Maley of Miller Tabak, and Danielle Shay of Simpler Trading, discuss their forecast for the stock with Seema Mody.




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Papa John's CEO on the Covid-19 impact

Rob Lynch, Papa John's CEO and president, joins CNBC's Kate Rogers to discuss the company's quarterly earnings, how the company was able to lessen the blow from the coronavirus and its supply chain management.




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It will take five years for the US to return to the economy of 2019: Harvard's Ken Rogoff

Ken Rogoff, Harvard University professor of public policy and economy, joins 'Power Lunch' to discuss the possibility of negative interest rates.




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Trading Nation: Cramer's 'Covid-19 Index' stocks up 7% this week—Here's some of the best performers

Todd Gordon, Ascent Wealth Partners and John Petrides, Toqueville Asset Management, discuss the stay-at-home stocks they're watching with Seema Mody.




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Moderna CEO on Covid-19 vaccine timeline, how it might be distributed and more

The FDA has approved Moderna's coronavirus vaccine candidate for a phase 2 trial, something the company calls a crucial step in its timeline. Moderna CEO Stephane Bancel joins "Squawk Box" to discuss.




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Gottlieb: Covid-19 vaccine may be available for selective use before official approval

Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA commissioner, tells "Squawk Box" that a Covid-19 vaccine could be made available for use in "selected circumstances" before it receives official approval for wider distribution.




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US economy loses 20.5 million jobs in April, raising unemployment rate to 14.7%

CNBC's Steve Liesman breaks down the April jobs report, which came in at 20.5 million nonfarm payrolls lost in the month. This is the most historic job loss within a single month.




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FDA authorizes VitalPatch for monitoring Covid-19 patients—Here's how it works

CNBC's Tyler Mathisen is joined by Vital Connect CEO Peter Van Haur to talk about how the company's VitalPatch product just got FDA approval to monitor coronavirus patients.




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Bloomin' CEO on reopening restaurants and Covid-19 impact

David Deno, Bloomin' Brands CEO, joins 'Closing Bell' to discuss what their reopened restaurants look like, the company's first quarterly earnings, what customers are ordering and the April jobs loss number.




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The Fed's fight against Covid-19 and another financial crisis

As the novel coronavirus began to take hold on the United States, the Federal Reserve made a number of quick policy actions. The Fed slashed rates to nearly zero, announced a slew of asset purchases, and more, in an effort to stave of economic devastation as businesses shuttered and millions of Americans lost their jobs. Here's what the Federal Reserve has done to preserve a financial system rocked by a global pandemic.




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Airbnb struggles through its Covid-19 response

Airbnb is one of the many businesses in the travel industry that has been hit hard by the coronavirus pandemic. In March of 2017, Airbnb was valued at $31 billion. By the end of April 2020 that value dropped to $18 billion. With the threat of more cancelations as the pandemic halts the travel industry, guests, hosts and investors alike are left asking what Airbnb will look like after the novel coronavirus pandemic, or whether the company will survive at all.




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Next Generation 2019: 20 of the best talents at Premier League clubs

The Guardian selects the best young players at each club born between 1 September 2002 and 31 August 2003, an age band known as first-year scholars. Check the progress of class of 2018 | 2017 | 2016 | 2015 | 2014

Photographs by David Price/Arsenal/Getty Images, Neville Williams/Aston Villa/Getty Images, AFC Bournemouth, Paul Hazlewood/BHAFC, Paul Dennis/TGS/Shutterstock, Clive Howes/Chelsea/Getty Images, Danny Loo/PPAUK, Emma Simpson/Everton/Getty Images, Nick Taylor/Liverpool/Getty Images, Manchester City/Getty Images, Ash Donelon/Manchester United/Getty Images, Jason Dawson/Jasonpix, James Wilson/Sportimage, Simon Bellis/Sportimage, Robin Jones/Digital South/Southampton FC, Tottenham Hotspur/Getty Images, Alan Cozzi/Watford, Arfa Griffiths/West Ham United and Sam Bagnall/AMA

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Next Generation 2019: 60 of the best young talents in world football

Eidur Gudjohnsen’s son, the new Paul Pogba and Barça’s Ansu Fati are among our 60 most talented players in the world born in 2002. Check the progress of our 2018 picks | 2017 | 2016 | 2015 | 2014

Photographs by DZfoot, BackpagePix, Club Atlético Belgrano, EFE, EPA, Getty Images, Uwe Gruen/Hoffenheim, AMA/Getty Images, Rex/Shutterstock, Zuma Press/PA, FIFA, Tigres, Damir Krajac/CROPIX, Alamy, Daniel Reyes/Ecuafutbol, Reuters, Atromitos, Imago/PA, fotoBERNAMA, New Straits Times, José Alonso Paredes Sánchez, Agencja Gazeta, David Price/Arsenal FC/Getty, AP, Asian Football Confederation, Danubio FC and Championat Asia

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Jair Bolsonaro wants football to start up again despite Covid-19 deaths in Brazil

  • President calls for resumption of football despite crisis
  • Brazil has more than 5,900 deaths due to the coronavirus

Brazil’s president Jair Bolsonaro wants to see football competitions restart soon despite the country’s high number of coronavirus cases, arguing that players are less likely to die from Covid-19 because of their physical fitness.

Bolsonaro is one of the few world leaders that still downplays the risks brought by the coronavirus, which he has likened to “a little flu”.

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