NATIONAL NEWS

What You Missed Overnight: $2 Trillion Relief Bill, Prince Charles Tests Positive, And More

Mar 25, 2020, 7:24 AM | Updated: 7:32 am
Utah Dept of Commerce...
Utah Dept of Commerce

SALT LAKE CITY, Utah – Here is the coronavirus news you may have missed overnight.

Utah’s Economic Task Force released a 3-phase recovery plan

The state of Utah has released a new battle plan in the fight against the novel coronavirus, saying it is the answer to health and economic recovery from the consequences of the COVID-19 pandemic.

The 16-page plan is called “Utah Leads Together” and includes three phases – urgency, stabilization and recovery.

“This is the most comprehensive plan to stop the spread of COVID-19 virus of any state in America today,” said Governor Gary Herbert during a virtual press conference with state, community and business leaders. “It will lead us to economic recovery sooner than later. I’m very optimistic about it.”

Read more here.

Congress reached a deal on the COVID-19 relief package

The White House and Senate leaders of both parties have struck an agreement on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak.

The announcement came shortly after midnight.

The agreement came after days of often intense haggling and mounting pressure and still needs to be finalized in detailed legislative language.

Read more here. 

Prince Charles tested positive for the novel coronavirus

Prince Charles, Queen Elizabeth II’s son and the first in line to the British throne, has tested positive for coronavirus and is now self-isolating in Scotland.

He has been displaying mild symptoms but otherwise remains in good health and has been working from home throughout the last few days as usual, according to a statement from Clarence House.

Read more here.

World stocks rose after news of stimulus, but they faded before US markets opened

U.S. futures were subdued after a banner day on Tuesday as U.S. lawmakers said they had bridged their differences over the stimulus package. The future for the Dow was up 0.3% and the contract for the S&P 500 shed 0.7%.

The gains this week have been a respite from a brutal month of nearly nonstop selling. But with cases of the virus still climbing, investors are leery of saying markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, none lasting more than a day.

The breakthrough on the sweeping $2 trillion measure to aid American workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak was an expected but welcome boost to sentiment.

Read more here.

17-year-old boy with COVID-19 died in California, but it might not have been virus-related

Los Angeles County health officials backtracked Tuesday on their announcement that a child died from coronavirus, saying it’s possible the death was caused by something else.

During their daily briefing, the county health department said the unidentified child from the city of Lancaster was among four new deaths.

Hours later, after Gov. Gavin Newsom had cited the death of the teenager as evidence the virus can strike anyone, the county issued a new statement.

Read more here.

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What You Missed Overnight: $2 Trillion Relief Bill, Prince Charles Tests Positive, And More