TRUMP TO SUSPEND IMMIGRATION IN LIGHT OF CORONAVIRUS

President Donald Trump said Monday that he will sign an executive order “to temporarily suspend immigration into the United States” because of the coronavirus. “In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to … Continued

OIL PRICE GOES NEGATIVE AS DEMAND COLLAPSES; STOCKS DIP!

Oil futures plunged below zero for the first time on Monday as demand for energy collapses amid the coronavirus pandemic and traders sought to avoid owning crude with nowhere to store it. Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 1.2%, but the market’s most dramatic action by … Continued

4/20 FIZZLE: POT INDUSTRY TESTED AS VIRUS SLAMS ECONOMY

CTV News LOS ANGELES — The unofficial holiday celebrating all things cannabis arrives Monday as the nation’s emerging legal marijuana market braces for an economic blow from the coronavirus crisis, with many consumers reducing spending or going underground for deals. It was supposed to be a long weekend of festivals and music culminating on April … Continued

PRELIMINARY RESULTS FROM U.S. GOV’T LABS SHOW THAT ‘SUNLIGHT DESTROYS CORONAVIRUS ‘

YAHOO NEWS – Preliminary results from government lab experiments show that the coronavirus does not survive long in high temperatures and high humidity, and is quickly destroyed by sunlight, providing evidence from controlled tests of what scientists believed — but had not yet proved — to be true. A briefing on the preliminary results, marked … Continued

WWE DEEMED AN ESSENTIAL SERVICE, RETURNS TO LIVE TELEVISED SHOWS

(CNN) Professional sports in Florida are getting the green light to resume production after the Florida Governor’s Office deemed them “essential services.” This is being added to the same list that includes services such as grocery stores, hospitals, banks, utility companies and restaurants. The order that was signed on Thursday states that employees at professional … Continued

BEHIND ON TESTING, TEXAS TRIES TO BE FIRST TO REOPEN

(CNN) As Texas Republican Gov. Greg Abbott formulated a plan this week to reopen the world’s 10th largest economy, he had to strike a delicate balance between two opposing forces: a push from the state’s powerful business community eager to get back to work and health professionals and economists warning that a premature restart could … Continued

CASH AND LIQUIDITY KEY TO BUSINESS CONTINUITY IN COMING MONTHS

Industry experts highlighted the importance of cash and liquidity to ensure effective business continuity in light of the impact of COVID-19 at the BVI’s Finance Breakfast Forum on April 17th. Taking place via an interactive webinar with approximately 70 industry attendees, Russell Crumpler, MD and Head of Advisory at KPMG BVI, and Mark Raddan, Global … Continued

THE SOCIAL-DISTANCING DENIERS HAVE ARRIVED

CNN (CNN)Patience is in ever-shorter supply. No one is happy with the current situation. But some Americans see the yoke of oppression in public health efforts to keep people home, and they’re growing louder. Underneath the general frustration and dazed acceptance of so much of the world changing its lifestyle for the time being lurks … Continued

FIGURES SHOW HUNDREDS MORE COVID-19 DEATHS IN U.K. NURSING HOMES THAN RECORDED IN DAILY TALLY

TIMES (LONDON) — Leading British charities said the new coronavirus is causing “devastation” in the country’s nursing homes, as official statistics showed Tuesday that hundreds more people with COVID-19 have died than are recorded in the U.K. government’s daily tally. The Office for National Statistics said 5,979 deaths that occurred in England up to April … Continued