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Gilead stock jumps on hopes for COVID-19 treatment
Shares climb as much as 7% after company says experimental antiviral drug remdesivir helped patients if given early.
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Kate Gibson is a Reporter for CBS MoneyWatch in New York, where she covers business and consumer finance. She previously worked for CNBC and MarketWatch and has written for national news outlets, including Barron's, the Wall Street Journal and the Chicago Tribune.
Shares climb as much as 7% after company says experimental antiviral drug remdesivir helped patients if given early.
Demand for beef tenderloin and other choice cuts typically eaten at restaurants is down sharply, along with prices.
Pork, beef and chicken processing factories struggle to continue operating amid COVID-19 outbreaks among workers.
What started as a popup venture before the coronavirus crisis can "became something that can grow" for the future.
As infections mount, employees say social distancing is "hard, if not impossible" in crowded meatpacking plants.
Governor's controversial decision to let close-contact businesses open applauded by some struggling to stay afloat.
Smaller employers should be wary of getting tricked into signing up for wrong program, federal regulator warns.
Nation's largest private employer is also encouraging shoppers to cover up to protect workers and other customers.
Americans urged to guard against those looking to swindle them of their $1,200 payments from the federal government.
Petco and PetSmart keeping some locations open under the argument that professional pet grooming is a vital service.
Company says its business model "forever-altered" as Americans stock up on Charmin toilet paper and Bounty paper towels.
The near-100-year-old dairy collective gets rid of logo of native woman long criticized as racist and stereotypical.
Wayne Farms also confirms Covid-19 cases at other facilities, but denies it's charging workers for masks.
"The crisis today is not on supermarket shelves, it's on the farms," says trade group for nation's pork producers.
Quest cuts pay and freezes benefits for 47,000 employees, but says COVID-19 testing won't be affected.