AFN
NEWS
Thursday, April 16, 2020
1)
From ABC News, I’m Daria Albinger. A
Washington, D.C. suburb in Maryland may be the next U.S. epicenter in the
battle against COVID-19. ABC’s Andy
Field tells us why health officials are so focused on Prince George’s County. “Maryland’s rising number of coronavirus illness
and death are intertwined with those nearby D.C. and northern Virginia. ‘Over
18,700 cases are in Maryland, D.C. and Virginia area and more than 600 people
have died.’ That’s why Maryland Governor Larry
Hogan’s ordering more ventilators, protective gear and he’s racing to hire up
to 1,000 people to trace contact to anyone testing positive. Andy Field, ABC
News, Bethesda, Maryland.”
2)
California Governor Gavin Newsom
says the state virus assistance will include $ 500 for every undocumented adult
immigrant. There are estimated 2 million immigrants living illegally in the state.
3)
Michigan Governor Gretchen Whitmer says the enemy is the virus, not one another. That was a response to
Operation Gridlock, a protest of the state’s Stay-at-Home order. “So the sad irony
here is that the protest was they don’t like being in this stay-home order and
they may have just created a need to lengthen it.” Groups including the state Conservative
Coalition jammed the streets around the capitol. Many of them are in their cars
and some walking along the street carrying rifles. One city is seeing a spike
in domestic violence in the midst of the pandemic. “Kansas City Stay-at-Home order
went into effect March 24th through Tuesday of this week. Police Chief Rick
Smith says 911 calls for domestic violence jumped 22% compared to the same
time last year. Since the end of January, domestic violence cases are up 14%.”
ABC’s Ryan Burrow.
4)
Two Republican sources say the paycheck protection program could run out of money
as early as tonight without a deal in Congress. It's set up federally backed forgivable
loans to help small businesses affected by COVID-19. You’re listening to ABC
News.
…………………………………………..
I’m
Connell McShane. This is the Fox
Business Report.
Stocks
closing sharply higher as investors looking ahead to the eventual reopening of
the economy. Among the gainers, tech companies which helped lift the NASDAQ out
of bear market territory. The Dow closing up 559 points, the NASDAQ up 323,
S&P 500 up 85. // And Amazon gaining over 5% closed at all-time high of over
$2,283 a share. At that price, Amazon is worth over $1.1 trillion. // And
shares of Zoom Video Communications zooming
higher and continuing their rebound after Cantor
Fitzgerald
analyst upgraded the company. Zoom stocks closing over 4%, making for a roughly
25% rally over the past four trading days following a rough stretch earlier
this month as criticism over the company’s privacy and security policies
pressured the shares. That’s your Fox Business Report. I’m Hilarie
Barsky,
invested in you.
