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Coronavirus updates: Progress, but the COVID-19 "beast is still alive"


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Positivity     35.00%   
   Negativity   65.00%
The New York Times
SOURCE: https://www.cbsnews.com/live-updates/coronavirus-pandemic-covid-19-latest-news-2020-04-20/
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Summary

"Government can shut down the economy," he said, "but only companies can re-start it."The burger chain Shake Shack says it has obtained new funding and will return a small-business loan it got to help weather the coronavirus crisis.Shake Shack has laid off or furloughed hundreds of its employees and needed the assistance, its CEO, Randy Garutti, and its founder, Danny Meyer, said in a statement seen Monday.But the company said it was able to get extra funding late last week through an "equity transaction" and decided to "immediately return" the $10 million paycheck protection loan it obtained through the CARES Act. Click here to read more.India recorded its biggest single-day jump in coronavirus cases on Sunday, with 1,553 new patients, government data show. Even when the nationwide lockdown ends, the government says restrictions will be lifted gradually.The Trump administration and Congress expect an agreement Monday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and to add funds for hospitals and COVID-19 testing.As talks continued, President Trump said there's a "good chance" of reaching a bipartisan agreement with Democrats. Click here to read more.At Sunday's Coronavirus Task Force briefing at the White House, CBS News correspondent Weijia Jiang pressed President Trump on his remarks earlier this week that China should have warned the U.S. sooner."Many Americans are saying the exact same thing about you: That you should have warned them the virus was spreading like wildfire through the month of February instead of holding rallies with thousands of people," Jiang said.

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