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Opinion: What the doctors and nurses who beat back the coronavirus in Wuhan want you to know about their months in hell

FedEx, UPS stocks surge after WSJ report of Amazon halting competing service

Shares of FedEx Corp. surged 5.0% and of United Parcel Service Inc. rallied 4.2% in premarket trading Wednesday, after The Wall Street Journal reported that Amazon.com Inc. was halting a delivery service known as Amazon Shipping that directly competes with the package delivery services. J.P. Morgan analyst Brian Ossenbeck kept his ratings at neutral for both FedEx and UPS, but said he expects the stocks to react "favorably" to the WSJ report. "The news reads slightly more positive for FedEx considering it no longer ships for Amazon and was viewed as at risk for direct competition," Ossenbeck wrote in a note to clients. "However, we expect UPS will also benefit on news its largest customer has suspended a competing service for non-Amazon volumes, but we expect Amazon will continue to insource its own deliveries over time." The WSJ report out late Tuesday, which cited people familiar with the matter, said Amazon was suspending the Amazon Shipping service, which was available in only a handful of cities, because it needed its people and capacity to handle a surge in its own customers' orders. Shares of FedEx have lost 23.3% year to date through Tuesday and of UPS have declined 20.6%, while Amazon's stock has gained 8.9% and the Dow Jones Industrial Average has declined 20.6%.

West Virginia becomes first U.S. state to offer election betting, but the odds were removed after just 15 minutes

Another 6 million workers likely filed jobless claims in early April as record layoffs mount

Legendary singer-songwriter John Prine dies at 73 from coronanvirus

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After watching surgeon general’s Twitter video on face masks, doctor sent him research on the best materials to use

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Coronavirus update: 1.45 million cases worldwide, 83,471 deaths; Wuhan, China, lifts travel ban, while U.S. case tally nears 400,000

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Being furloughed beats a layoff: What it means for millions of suddenly jobless Americans

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Opinion: These bargain bank stocks may emerge from the coronavirus crisis as big winners

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New York governor looks to antibody testing as a potential means to get people back to work

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The CEO who built Cisco into a powerhouse has a sobering coronavirus diagnosis: 9 or more months of economic pain

Stephen Colbert has some career guidance for President Trump

Jack Dorsey pledges $1 billion in Square stock to coronavirus pandemic relief

Jack Dorsey, co-founder of Twitter Inc. and founder of Square Inc. and chiefg executive of both, said late Tuesday he was donating more than a quarter of his wealth for COVID-19 relief efforts. Dorsey, on his Twitter feed, said he was moving $1 billion of his Square shares, or about 28% of his net worth, to Start Small LLC for pandemic relief. Dorsey said "after we disarm this pandemic," the foundation will focus on girl's health and education, and universal basic income, with fund flows to be tracked in a Google docs spreadsheet. Square shares have fallen nearly 20% year-to-date, while the tech-heavy Nasdaq Composite Index has declined 12%.

Great Barrier Reef coral bleaching more widespread than ever

Tesla to furlough workers, cut salaries amid coronavirus shutdowns: report

Tesla Inc. will cut salaries and furlough non-essential workers at its U.S. facilities until they are able to reopen amid the coronavirus pandemic, the tech news site Protocol reported Tuesday night. According to an internal email obtained by Protocol, furloughs will begin Monday, with the goal of ending May 4 if factories reopen then as scheduled. Salaried employees will see temporary 10% pay cuts, while directors' pay will be cut 20% and executives at the level of vice president and above will see 30% cuts, Protocol reported. Tesla announced in late March that it would temporarily shut its Fremont auto factory and Buffalo, N.Y., solar-panel factory to limit the spread of COVID-19, and last week sharply scaled back operations at its Nevada gigafactory. The Buffalo plant may soon reopen to manufacture ventilator components.

Acting Navy secretary resigns after calling fired carrier captain ‘stupid’

‘I thought I would never see that many body bags in my life’: New York funeral directors on dealing with coronavirus deaths

Steak-umm has got a real beef with the media’s coronavirus coverage

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New York state sees biggest one-day death tally from coronavirus at 799 fatalities

New York Gov. Andrew Cuomo said the state suffered its biggest one-day death toll from the coronavirus pandemic in the last 24 hours, as 799 people...

Google is offering a 60-day free trial of Stadia, its streaming videogame venture

Alphabet Inc.'s Google is offering a 60-day free trial of Stadia, its streaming videogame venture. "Video games can be a valuable way to socialize...

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Coronavirus stock-market volatility is creating the largest daily price swings since 1929 crash

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Can’t Unlock Your iPhone’s Face ID with a Mask On? There’s a Mask For That

NMC Health says it can't oppose administration request made by creditor

NMC Health , the Middle Eastern hospital operator that was a FTSE 100 component, on Wednesday said it will be unable to oppose a filing by one of i...

Caterpillar decides to maintain dividend, with next payment in scheduled in May

Caterpillar Inc. said Wednesday that it has decided to maintain its quarterly dividend of $1.03 a share, with the next dividend payable May 20 to ...

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No rent was paid in April by nearly a third of American renters

Nearly a third of U.S. apartment renters didn’t pay any of their April rent during the first week of the month, according to new data to be released Wednesday by the National Multifamily Housing Council and a consortium of...

Softbank calls WeWork's lawsuit 'desperate and misguided' attempt to rewrite history

Softbank Group Corp. responded Tuesday to WeWork parent We Co.'s lawsuit, saying it plans to "vigorously defend" the suit as nothing in the filing...

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WeWork sues Softbank alleging canceling of $3 billion stock tender offer was 'wrongful'

WeWork parent The We Co. said Tuesday it has filed a lawsuit against SoftBank Group Corp. , alleging SoftBank breached obligations when it failed t...

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‘I could be home for 3 weeks. I could be home for 4 days. I have no idea.’ This plumber is struggling to pay rent, despite being an ‘essential worker’

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