Starbucks closes most locations due to coronavirus pandemic
The largest coffeehouse chain in the world, Starbucks has announced that it is closing down most of its locations in the United States and Canada for a two-week period due to the COVID-19 pandemic, with the exceptions being its franchises in or near hospitals that serve healthcare personnel and emergency responders. Most locations will also still offer drive-through and delivery services.
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Shell Gas Station security guard attacked by three men asked to wear a mask
LOUIS – A security guard at a Shell Gas Station was attacked by three men who were asked to leave for not wearing masks. Police said the victim then grabbed his gun from his holster and fired at the suspects causing them to flee the scene. The suspect was listed in critical/stable condition.
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Bank of England holds interest rate at 0.1%
In an important announcement on Thursday, the Bank of England held interest rates steady and maintained its existing level of asset purchases, as investors watched for signs that it is anticipating a slower economic recovery. The main lending rate was kept at 0.1%, as the central bank cut rates twice from 0.75% since the beginning of the coronavirus pandemic
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Moderna, Pfizer Start Decisive Covid Vaccine Trials
Moderna Inc and Pfizer Inc launched two 30,000-subject trials of COVID-19 vaccines that could clear the way for regulatory approval and widespread use by the end of this year, the companies said on Monday. The trials, both announced on Monday, are the first late-stage studies supported by the Trump administration's effort to speed development of measures against the novel coronavirus.
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Australia expects the biggest budget deficit since World War II
Coronavirus pandemic has ended the three-decade growth of Australia as its budget deficit is expected to deepen significantly. The government said its budget deficit is forecast to deepen significantly to 85.8 billion Australian dollars ($61.27 billion) in the financial year that ended on June 30 and further widen to 184.5 billion ($131.78 billion) in the new fiscal year, biggest since the World War II
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