Yesterday, Governor Gavin Newsom signed an executive order that will provide some relief for small businesses struggling during the COVID-19 crisis.
Treasury Secretary Steve Mnuchin said he expects to have a small business loan program up and running in the coming week while workers can expect aid from the $2 trillion stimulus package in the form of direct deposits or checks in about three weeks.
Bracing the nation for a coronavirus death toll that could exceed 100,000 people, President Donald Trump extended restrictive social distancing guidelines through April, bowing to public health experts who presented him with even more dire projections for the expanding coronavirus pandemic.
Abbott Laboratories is unveiling a coronavirus test that can tell if someone is infected in as little as five minutes, and is so small and portable it can be used in almost any health-care setting.
Ford Motor Co said on Monday it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric’s healthcare unit, and can then build 30,000 per month as needed to treat patients afflicted with the coronavirus.
With so much still uncertain about how widespread hospitalizations for coronavirus patients will be around the United States, a new analysis says premiums could increase as much as 40 percent next year if the pandemic results in millions of Americans needing hospital stays.
A proposal to retroactively lift a limit on state and local tax deductions would largely funnel money to relatively high earners in high-tax states.
Gov. Gavin Newsom issued an urgent call for healthcare workers to join the state in caring for an expected surge of COVID-19 patients while announcing an executive order to expand the services medical professionals can perform in their jobs.
Gov. Gavin Newsom expressed confidence Saturday that California has the capacity to produce enough ventilators to meet its projected needs in response to the coronavirus pandemic. But during a tour of a San Jose energy company that is refurbishing outdated ones, he cautioned that the state’s need could expand significantly if the public doesn’t maintain social distancing and the crisis worsens.
U.S. President Donald Trump said on Monday that federal social distancing guidelines might be toughened and travel restrictions with China and Europe would stay in place as he urged Americans to help fight the coronavirus with tough measures through April.