'I own it:' U.S. Navy secretary resigns over handling of coronavirus-hit carrier

World News - Tue, 2020-04-07 20:14
Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard.
Categories: News

U.S. immigration officials evaluate vulnerable detainees for possible release amid pandemic

World News - Tue, 2020-04-07 20:10
U.S. immigration officials said on Tuesday they are considering releasing some detainees at high risk for coronavirus infection as detainees and workers have tested positive for the resulting COVID-19 illness.
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At-home COVID-19 deaths may be significantly undercounted in New York City

World News - Tue, 2020-04-07 20:01
The daily tally of New York City residents who died at home with coronavirus-like symptoms exploded from 45 on March 20 to 241 on April 5, according to Fire Department of New York data - suggesting the city may be significantly undercounting COVID-19 deaths.
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Trump says $70 billion in coronavirus rescue loans authorized. But where's the cash?

World News - Tue, 2020-04-07 19:27
Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent days, President Donald Trump said on Tuesday, adding that that money was "essentially loaned."
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Most Americans, unlike Trump, want mail-in ballots for November if coronavirus threatens: Reuters/Ipsos poll

World News - Tue, 2020-04-07 18:52
Most Americans, including a majority of Republicans, want the government to require mail-in ballots for the Nov. 3 presidential election if the coronavirus outbreak still threatens the public this autumn, a Reuters/Ipsos poll found.
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Acting U.S. Navy secretary resigns after ridiculing commander of coronavirus-hit ship

World News - Tue, 2020-04-07 18:52
Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard.
Categories: News

U.S. economy will eventually reopen but with big changes: Kudlow

World News - Tue, 2020-04-07 18:31
The Trump administration is aiming to reopen the U.S. economy when the nation's top health experts give the go-ahead, but Americans' lives will be drastically different, White House economic adviser Larry Kudlow said on Tuesday.
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Former Fed chief Bernanke sees bad year, no quick recovery

World News - Tue, 2020-04-07 18:31
The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be a couple of years before the economy regains its footing, former Federal Reserve Chair Ben Bernanke said on Tuesday.
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New York's Cuomo sees coronavirus crisis slowing despite record daily death toll

World News - Tue, 2020-04-07 18:27
Even as doctors and nurses struggled to save an onslaught of gravely ill coronavirus patients, the number of new COVID-19 hospitalizations appeared to be leveling off in New York state, the U.S. epicenter of the pandemic, Governor Andrew Cuomo said on Tuesday.
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CDC removes unusual guidance to doctors about drug favored by Trump

World News - Tue, 2020-04-07 17:59
The U.S. Centers for Disease Control and Prevention has removed from its website highly unusual guidance informing doctors on how to prescribe hydroxychloroquine and chloroquine, drugs recommended by President Donald Trump to treat the coronavirus.
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House panel asks Trump's acting spy chief to explain spate of firings

World News - Tue, 2020-04-07 17:54
The House Intelligence Committee chairman on Tuesday called on U.S. President Donald Trump's acting spy chief to explain the removals and resignations of top intelligence officials and whether he ever tried to block probes by the intelligence community's recently fired internal watchdog.
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Jobless Americans to see extra payments as soon as this week

World News - Tue, 2020-04-07 17:44
Americans who have lost their jobs due to the coronavirus outbreak will start getting enhanced jobless benefits as soon as this week as states deploy hundreds of billions of dollars in federal aid, state officials said on Tuesday.
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Long lines and frustration as Wisconsinites brave voting amid pandemic

World News - Tue, 2020-04-07 17:20
Despite a last-minute court battle and a stay-at-home order, thousands of Wisconsin voters on Tuesday braved the coronavirus outbreak to wait six feet apart in lines for hours and cast ballots in the state's presidential primary and local elections.
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Pentagon chief accepts acting Navy Secretary's resignation

World News - Tue, 2020-04-07 17:09
U.S. Defense Secretary Mark Esper said on Tuesday that he had accepted Acting Navy Secretary Thomas Modly's resignation.
Categories: News

Oil drop saps gains as Wall Street fades late

World News - Tue, 2020-04-07 16:51
Wall Street fell on Tuesday, as a drop in oil prices steepened in the latter stages of the session and erased early gains built on tentative signs that coronavirus outbreaks in some of the biggest U.S. hot spots may be leveling.
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Special Report: Doctors embrace drug touted by Trump for COVID-19, without hard evidence it works

World News - Tue, 2020-04-07 16:16
The decades-old drug that President Donald Trump has persistently promoted as a potential weapon against COVID-19 has within a matter of weeks become a standard of care in areas of the United States hit hard by the pandemic — though doctors prescribing it have no idea whether it works.
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Trump slams U.S. watchdog's report on shortages at coronavirus-hit hospitals

World News - Tue, 2020-04-07 15:51
President Donald Trump on Tuesday accused the U.S. Health Department's inspector general of having produced a "fake dossier" on American hospitals suffering shortages on the frontlines of the coronavirus outbreak.
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Acting Navy secretary offers to resign over handling of carrier crisis

World News - Tue, 2020-04-07 15:48
Acting U.S. Navy Secretary Thomas Modly has offered his resignation after coming under fire for his handling of a crisis involving the captain of a coronavirus-stricken aircraft carrier, a U.S. official and a congresssional aide told Reuters on Tuesday, speaking on condition of anonymity.
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UK PM Johnson, battling coronavirus, set for second night in intensive care

World News - Tue, 2020-04-07 15:48
British Prime Minister Boris Johnson was set to spend a second night in intensive care on Tuesday to help his fight against a coronavirus infection, as his designated deputy said he would pull through because "he's a fighter".
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Hopes of progress against virus lift stocks; dollar falls

World News - Tue, 2020-04-07 14:56
World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk.
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