Outbreak of the coronavirus disease (COVID-19) in Massachusetts

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A medic leaves a house after responding to a call amid the coronavirus disease (COVID-19) outbreak in Everett, Massachusetts, U.S., April 21, 2020. REUTERS/Brian Snyder

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U.S. coronavirus relief bill to add $1.8 trillion to deficit

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WASHINGTON (Reuters) – The coronavirus response bill passed by the U.S. Congress last month will increase the federal budget deficit by about $1.8 trillion over the next decade, the Congressional Budget Office (CBO) estimated Thursday. Although the coronavirus relief bill provided over $2 trillion in financial aid, its projected cost is less than that because […]
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Samsung appoints new mobile chief as Huawei chips away at market share

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By Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean firm also promoted the head of its network […]
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Airbnb fields interest from investors seeking a stake: sources

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By Joshua Franklin and Anirban Sen (Reuters) – Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the coronavirus outbreak, people familiar with the matter said on Thursday. The discussions with venture capital investors and sovereign wealth funds are at […]