WeGovy will remain in limited supply into 2024.
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U.S. Virus Death Toll Rises to 11 With California Victim
The U.S. death toll from the coronavirus climbed to 11 on Wednesday with a victim succumbing in California — the nation's first reported fatality outside Washington state — as officials, schools and businesses came under pressure to respond more aggressively to the outbreak.
Honeywell Enters Quantum Computer Race Against IBM and Google
The company known for home thermostats said it will release "the most powerful quantum computer yet" within the next three months.
Need 2 Know: Biden’s Big Night, Tornado Toll Rise
These are the headlines you Need 2 Know for Wednesday, March 4, 2020.
Dow Sinks 2.9 Percent After Rate Cut Fails to Stem Market's Dread
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
Coronavirus 'Worse than 9/11' for Travel Industry, Says HotelPlanner CEO
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks Whipsaw After Fed Cuts Rates to Counter Coronavirus Effects
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Virus Spread Prompts Fed to Slash Rates in Surprise Move
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
Federal Reserve Cuts Benchmark Rate by Half-Point
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
Need 2 Know: Deadly Nashville Tornado, Super Tuesday Preview
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
