Coronavirus live updates: US food sector industry promise of rebound, Germany sets path to reopening

This is CNBC's live blog covering all the latest news on the

. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.US cases: More than 1.2 million7:53 am: Wendy's sales show signs of rebound as customers return Same-store sales at Wendy's restaurants showed signs of rebounding, after tanking in March and the first half of April, as American consumers began to return to the burger chain in recent weeks.

The company is still taking measures to ensure its liquidity through the crisis. It slashed its quarterly dividend from 12 cents to 5 cents and found $30 million in potential cost savings. It said it has $365 million cash on hand as of May 3.

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Discounts may help cure U.S. auto market's coronavirus hangoverTexas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were 'almost normal' and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month. 3:05 PM · 4 мая 2020 г.·True Anthem F OIL!
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