• U.S.
    Yahoo News

    Trump now says if 100,000 Americans die from coronavirus he will have done 'a very good job'

    The president repeatedly cited a projection that as many as 2.2 million people would have died if the administration had “done nothing” to mitigate COVID-19’s spread.

  • Business
    The Wrap

    Fox to Raise $1.2 Billion After Saying Coronavirus May Have ‘Material’ Impact on Earnings

    Fox says it plans to raise $1.2 billion through the sale of senior notes and use the money “for general corporate purposes.”Hey, everyone needs a little extra cash these days.Earlier on Tuesday, Fox became the latest major media corporation to tamp down any optimistic financial expectations. As a general rule, Fox does not provide actual financial guidance, so there were technically no specifics to alter.Also Read: Fox News Insider Denies Judge Jeanine Pirro Was Drunk, Explains 'Technical Difficulties' in 1st Home BroadcastWhile Fox News has been a bright spot as viewers flock to the network for information on the pandemic, a number of canceled or postponed sporting events are threatening to offset those gains. And then there are just regular TV and film productions that are on hiatus as social distancing has become our new normal.“The impact of coronavirus disease 2019 (COVID-19) and measures to prevent its spread are affecting the macroeconomic environment, as well as the business of Fox Corporation, in a number of ways,” the company said in a Tuesday SEC filing. “For example, while the company’s national news ratings remain strong, sports events for which the company has broadcast rights have been cancelled or postponed and the production of certain entertainment content the Company acquires has been suspended. The magnitude of the impacts will depend on the duration and extent of COVID-19 and the effect of governmental actions and consumer behavior in response to the pandemic and such governmental actions.”“The evolving and uncertain nature of this situation makes it challenging for the company to estimate the future performance of its businesses, particularly over the near to medium term, including the supply and demand for its services, its cash flows and its current and future advertising revenues,” it continued. “However, the impact of COVID-19 could have a material adverse effect on the company’s business, financial condition or results of operations over the near to medium term.”Read original story Fox to Raise $1.2 Billion After Saying Coronavirus May Have ‘Material’ Impact on Earnings At TheWrap

  • World
    Yahoo News UK

    Coronavirus: North Korea claims to have no cases, but what is really happening?

    North Korea banned tourists and quarantined thousands of people in its efforts to fight coronavirus.

  • World
    National Review

    Wuhan Residents Dismiss Official Coronavirus Death Toll: ‘The Incinerators Have Been Working Around the Clock’

    Wuhan residents are increasingly skeptical of the Chinese Communist Party’s reported coronavirus death count of approximately 2,500 deaths in the city to date, with most people believing the actual number is at least 40,000."Maybe the authorities are gradually releasing the real figures, intentionally or unintentionally, so that people will gradually come to accept the reality," a Wuhan resident, who gave only his surname Mao, told Radio Free Asia.A city source added that, based on the aggregation of funeral and cremation numbers, authorities likely know the real number and are keeping it under wraps."Every funeral home reports data on cremations directly to the authorities twice daily," the source said. "This means that each funeral home only knows how many cremations it has conducted, but not the situation at the other funeral homes."The city began lifting its lockdown on Saturday after two months of mandatory shutdown, with a complete lift of restrictions set for April 8. Funeral homes in Wuhan have been handing out the cremated remains to families every day, but rumors began circulating after one funeral home received two shipments of 5,000 urns over the course of two days, according to photos reported by Chinese media outlet Caixin, which were later censored.Reports of the funeral’s crematoriums working nonstop also raised questions."It can't be right … because the incinerators have been working round the clock, so how can so few people have died?" a man surnamed Zhang told RFA.Wuhan residents said the government was paying families 3,000 yuan for "funeral allowances" in exchange for silence."There have been a lot of funerals in the past few days, and the authorities are handing out 3,000 yuan in hush money to families who get their loved ones' remains laid to rest ahead of Qing Ming," Wuhan resident Chen Yaohui said, in a reference to the traditional grave tending festival on April 5.“During the epidemic, they transferred cremation workers from around China to Wuhan keep cremate bodies around the clock," he added.China has used state propaganda in an attempt to avoid blame for the spreading of COVID-19, despite reports showing how the government suppressed initial reports of human-to-human transmission and gagged Wuhan labs that discovered the novel virus resembled the deadly SARS virus of 2002-2003.

  • Sports
    NBC News

    One country is refusing to shut down to stop the coronavirus

    “It is better to die on your feet than live on your knees!” Lukashenko, who hit the ice for a weekend hockey game, said.