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Stocks spike as President Trump declares national emergency

President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday, providing at least temporary relief to shares that have been throttled this week on fears of the COVID-19 pandemic. Trump detailed several measures under the national emergency declaration, including freeing up federal resources that states […]

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President Trump declares emergency order to free funds and loosen regulations for healthcare facilities

In an announcement from the White House Friday afternoon, President Donald Trump said that he has announced an emergency declaration to free up more federal resources that states can access as they respond to the novel coronavirus outbreak. “I am officially declaring a national emergency. Two very big words,” said Trump. The order also breaks […]

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Delta Air Lines cuts capacity by 40%

Industries across the spectrum are struggling to meet the challenges that the current coronavirus outbreak presents. Few, though, are as immediately impacted as the airlines (and all the third-party companies that provide services to them), which have seen an immediate and drastic reduction in demand. As Delta CEO Ed Bastian noted in a letter to […]

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NASA boosts existing astronaut health protection measures in light of coronavirus

NASA is supplementing its standard protocols and processes for ensuring the health of the astronauts meant to take part in the initial commercial crew spaceflight program with added measures designed to protect them against the possibility of contracting COVID-19, Business Insider reports. Already, it’s standard practice for the U.S. space agency to institute practices designed […]

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Facebook commits $20M to UNF, WHO and CDC to tackle COVID-19

Facebook said on Friday that it is committing to match $20 million in donations, a tiny fraction of its quarterly profit, to support global relief efforts for COVID-19 coronavirus. Mark Zuckerberg, the social juggernaut’s chief executive, said Facebook was committing $10 million for the United Nations Foundation (UNF) and World Health Organization’s COVID-19 Solidarity Response […]

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