Oil price crash drags stocks lower worldwide
World markets tumbled as oil prices collapsed further amid shutdowns and home lockdowns. Brent and US crude sank with storage fears, while the S&P 500 Dow Jones and Nasdaq dropped, Treasury yields slid, and a $500 billion virus aid package advanced in Congress as Georgia planned phased reopenings.
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Publicly traded firms drew 365 million in small business loans
An AP investigation found 94 public companies or subsidiaries received 365 million in Paycheck Protection Program loans. Loans included nine at the maximum 10 million, with many firms facing prior penalties or investor warnings. The program aimed to aid small businesses and keep workers employed amid the crisis.
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Conspiracy theorists burn 56 towers amid virus panic
European arson wave targets 5G towers linked to COVID-19 panic. CCTV shows a man torching a base, then fleeing. In Britain, 50 fires this month with 3 arrests. Netherlands Ireland Cyprus Belgium reports follow. UK technicians abused, social posts promote attacks on telecom infrastructure amid health crisis.
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