‘Historic moment’: Company plans to produce millions of 5-minute coronavirus tests
A company heralded by President Trump in the fight against the coronavirus says it plans to start mass-producing rapid COVID-19 tests this week.
U.S. Headlines
Why coronavirus antibody testing in one Colorado town could provide a way forward
United Biomedical is now working with San Miguel County, which includes the famous Rocky Mountain ski destination, to test all 8,000 residents for COVID-19 antibodies — making it the first community in the country to do widespread antibody testing. The idea, officials said, is to learn from an individual’s blood whether there is evidence the person has already been exposed. With that information, officials can then make decisions about whether quarantines and restrictions would need to continue and whether they need to be as widespread as they are in states and cities across the country right now.
Real ID deadline delayed one year amid coronavirus pandemic
The requirement for Americans to obtain a Real ID for travel will be delayed one year, the Department of Homeland Security (DHS) announced Thursday.
New Orleans emerges as next coronavirus epicenter, threatening rest of South
New Orleans is on track to become the next coronavirus epicenter in the United States, dimming hopes that less densely populated and warmer-climate cities would escape the worst of the pandemic, and that summer months could see it wane.
Mnuchin indicates federal government could take stakes in airlines for government grants
Treasury Secretary Steven Mnuchin signaled on Thursday that the federal government could take stakes in airlines in exchange for the billions of dollars that have been set aside for the beleaguered industry in Congress’s $2 trillion coronavirus stimulus package.
Negative rates come to the US: 1-month and 3-month Treasury bill yields are now below zero
The coronavirus crisis has brought another first to U.S. financial markets — negative yields on government debt.
Sentiment builds for moving U.S. companies out of China
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
US coronavirus cases surpass 50,000
The coronavirus pandemic has now resulted in 50,000 infections across the United States.
Ford teams with 3M, GE, to ramp up protective gear production
Ford Motor Company is teaming with major medical and healthcare groups to boost the production of medical gear for the protection of those providing critical services amid the COVID-19 outbreak.
Trump Signs Defense Production Act to Ban Hoarding Medical Equipment
The Trump administration is cracking down on the hoarding of medical equipment in the midst of the coronavirus pandemic.
Bill meant to aid Americans during coronavirus shutdown full of pork barrel funding unrelated to emergency, critics argue
Many provisions in the failed Senate bill touted as an essential aid to help those on the front lines battling the coronavirus includes a litany of pork barrel spending that is totally unrelated to emergency relief for the virus, critics contend.
FDA relaxes rules to boost auto companies making ventilators for coronavirus effort
The Food and Drug Administration temporarily relaxed regulations on manufacturing regulators to give private companies more flexibility to build medical supplies needed to combat the coronavirus.
Trump activates National Guard in California, New York and Washington state: ‘This is a war’
President Donald Trump on Sunday announced that he has activated the National Guard in California, New York, and Washington state in order to combat the spread of the coronavirus. The administration emphasized that the deployment of guard members is not martial law.
FDA approves coronavirus test that gives results in less than an hour
The Food and Drug Administration approved a coronavirus test that will give results in less than an hour.
Pentagon successfully tests hypersonic missile
The United States announced Friday it has successfully tested an unarmed prototype of a hypersonic missile, a nuclear-capable weapon that could accelerate the arms race between superpowers.
Trump invokes Defense Production Act, industries mass producing health items
President Donald Trump said Friday he’s activated his authority under the Defense Production Act (DPA) to help protect the country to require certain manufacturers to produce much-needed health care equipment.
Senate GOP unveils $1,200 direct cash payments in massive stimulus proposal
Senate Republicans on Thursday announced a $1 trillion stimulus plan to combat the economic damage caused by the effort to control the coronavirus.
U.S. jobless claims could top record 1.5 million next week – economists
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, economists warned on Thursday.
Coronavirus will kill over half of small businesses in three months
More than half of U.S. small businesses will close within three months if the coronavirus crisis is not solved.
Trump signs coronavirus aid package with paid sick leave, free testing
President Trump on Wednesday signed into law a multibillion-dollar emergency aid package aimed at helping Americans impacted by the coronavirus.