Stocks surge higher on report that Gilead drug is helping COVID-19 patients

U.S. stocks jumped on Friday following President Donald Trump’s new guidelines to reopen the economy and on a report of a drug to potentially treat COVID-19, while Boeing headed higher on plans to resume production.

The Dow Jones Industrial Average rose 279.47 points, or 1.19 per cent, at the open to 23,817.15.
The S&P 500 opened higher by 42.88 points, or 1.53 per cent, at 2,842.43, while the Nasdaq Composite gained 135.12 points, or 1.58 per cent, to 8,667.48 at the opening bell.

Canada’s main stock index also rose. The Toronto Stock Exchange’s S&P/TSX composite index was up 235.86 points, or 1.7 per cent, at 14,135.18.

The week is ending on an upbeat note after the White House set guidelines to reopen the economy regardless of whether widespread testing will be available. The president is under pressure, with 22 million Americans applying for jobless benefits in a month, erasing a

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Guatemala says 32 on deportation flight from U.S. infected with coronavirus By Reuters

By Sofia Menchu

GUATEMALA CITY (Reuters) – Thirty-two Guatemalan migrants on a deportation flight from the United States earlier this week have now tested positive for the coronavirus, according to the Central American nation’s health ministry.

“One of them tested positive on Monday, 12 yesterday and 19 today,” health ministry spokeswoman Ana Lucia Gudiel told Reuters. Four deportees on a flight in March also tested positive for the virus.

The Trump administration has pressured Guatemala to keep receiving deported migrants despite growing concerns returnees are bringing the virus with them and could infect remote communities.

Guatemala’s migration institute could not confirm which of two deportation flights that arrived on Monday carried the infected passengers.

However, the institute said one of those flights came from Alexandria, Louisiana, where 13 U.S. Immigration and Customs Enforcement (ICE (NYSE:)) workers at an airfield holding center for migrants tested positive for the virus.

It is

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Can you get a refund on your gym membership?

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.

In the midst of a pandemic, fiscal fitness is more important than physical fitness.

With gyms closed nationwide due to the COVID-19 coronavirus outbreak, members are eager to get their money back as they work out at home. But that’s not an easy process.

Because there are so many gyms around the country—some major chains and some smaller operations—the refund policies vary wildly.

Your best bet for privately held gyms is to contact the owner. If you’re a member of a national chain, though, here’s what several are offering their members right now:

24 Hour Fitness

No refunds, but the chain will suspend all membership billings effective April 16. And any membership billings charged from March 17–April 15, will result in … Read More