Coronavirus live updates: IRS moves tax filing deadline, JC Penney yanks earnings outlook

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Here’s a look back at how President Trump’s stance on the coronavirus has evolved over the past 2 months.

Around the world, sporting events and concerts have been canceled, movie theaters and restaurants have been closed, and people are working from home. Those initiatives to promote social distancing, along with currency fluctuations, are expected to hit Coke's business, according to a regulatory filing.

Near term, tests are the priority. Beyond testing, regulators are trying to get treatments approved as quickly and safely as possible to serve as a bridge to a vaccine, which is likely to take 12 months, according to the U.S. FDA Commissioner Stephen Hahn. A staff worker wearing a protective mask and protective suit checks a visitor's body temperature with a temperature gun by a monitor showing the current stock information at the Shanghai Stock Exchange Building on March 20, 2020 in Shanghai, China. Health authorities of China said the country has passed the peak of the COVID-19 epidemic on March 12.

Upcoming weekly jobless claims will shatter the standards set even during the worst points of the financial crisis and the early-1980s recession. Those numbers are expected to be bad, in fact, that the Trump administration, according to several media reports, has asked state officials to delay releasing precise counts.

 

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The more you think about it, now that US’s leadership is a brainless used car salesmen, how on earth can we trust US to be able to right themselves

😂🤣😂😂 useless joker

Just when you think trump can’t lie any more he hits a new high

10/10, CNBC=losers

Total under control!

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IRS waives penalty, interest on federal taxes due; July 15 filing deadline - Business InsiderAlthough the tax payment and tax-filing deadlines are postponed, Americans are encouraged to still file their taxes to claim their tax refund. STOP LETTING THE IRS HOLD YOUR MONEY
Source: BusinessInsider - 🏆 729. / 51 Read more »

JC Penney yanks earnings outlook because of coronavirusThe department store chain announced Friday morning that it is not providing an updated outlook at this time. Farewell my drapery friend What earnings ? Lol R.I.P JCPenny thats a solution don't say..lol
Source: CNBC - 🏆 12. / 72 Read more »