Tag: president

Despite Trump’s claims, Google isn’t building the coronavirus screening site — and it’s not ready

In a press conference at the White House, President Trump today announced that 1,700 Google engineers were working on a Coronavirus screening site. That site was supposedly the first step in a new screening process that would lead people from figuring out if their symptoms warranted more testing to the…

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Stocks spike as President Trump declares national emergency

President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday, providing at least temporary relief to shares that have been throttled this week on fears of the COVID-19 pandemic. Trump detailed several measures under the national emergency declaration, including freeing…

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White House teams up with Google to build Coronavirus screening site

During a press conference at the White House, President Trump today announced that the government is working with Google to build an online screening website for COVID-19. The announcement was short on details, but the idea, it seems, is to give users the ability to enter their symptoms and see…

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COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers

For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since…

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NEA, venture capital’s quiet giant, closes on $3.6 billion

With its new fund, NEA will continue its strategy of investing across stages in technology and healthcare deals, with a focus, the firm says, on early stage deals and some growth investments. “We are deeply grateful to our limited partners for their commitment to NEA and their confidence in our…

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As national COVID-19 cases top 1000, insurers waive treatment fees and U.S. preps stimulus

The number of COVID-19 cases in the U.S. crossed 1,000 on Tuesday as President Donald Trump met with the nation’s largest insurers and members of his cabinet to discuss how to pay for treatment and lessen the financial blow of the disease’s spread. With the nation’s healthcare apparatus beginning to…

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