NEW: Shares of Moderna jumped 25%, and U.S. markets surged higher, after the biotech company said early data from testing of its coronavirus vaccine showed promising signs.
has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to national and global response, the work place and the spread of the virus.DAY AFTER: States are trying to figure out the safest way to restart their economies despite conflicting guidance out from Washington. The same goes for companies.
— The Children’s Place plans to reopen stores in 10 states: Alabama, Arkansas, Idaho, Mississippi, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, and Utah. More than 40% of U.S. stores are in areas where they are unauthorized to open again. — The Florida Keys will reopen to tourists on June 1, more than two months after the island chain put up check points to limit outsiders. Those will be removed next month, according to Monroe County Emergency Management. Hotels and other lodging establishments will be allowed to reopen at 50% occupancy. The businesses must implement sanitation stations and follow the American Hotel and Lodging Association’s cleaning guidelines for COVID-19.
— Ireland is taking its first steps out of lockdown, with some stores reopening and outdoor work resuming. Garden centers, hardware stores and opticians are among the businesses being allowed to open Monday. — Thousands of people in Bosnia who lost their jobs over the past two months have been blocked by cumbersome and lengthy application procedures from accessing unemployment benefits they had been promised by the government. According to incomplete official statistics, over 30,000 people have lost their jobs in Bosnia since March.
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