China has marked a coronavirus milestone as the city of Wuhan - where the global outbreak began - and the surrounding province reported no new domestic cases.
Rep. Mario Diaz-Balart, R-Fla., announced Wednesday that he has tested positive, becoming the first known member of Congress to contract the rapidly spreading virus. Hours later, Rep. Ben McAdams, a Democrat from Utah, announced he had tested positive.
The Fed said the lending program, called the money market mutual fund liquidity facility, will be very similar to one launched during the financial crisis. At that time, money funds inundated with redemption demands could have had to sell short-term business loans, known as commercial paper, to meet the requests. Commercial paper provides companies with funding to meet payroll, buy inventories and pay other daily operating expenses.Oregon Gov.
Brown also ordered all colleges and universities in the state to move to an online learning model through at least April 28.Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak.
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