Business

Drugmakers Overhaul the Sales Pitch Amid Coronavirus Lockdowns

Drug-company sales representatives, grounded by the coronavirus pandemic, are blasting out emails and hosting video calls to pitch new treatments for a variety of ailments to doctors, a different way of doing things for a field force that had relied on visiting with physicians in person. On Friday, the U.S. Food and Drug Administration approved…

U.S. Coronavirus Deaths Near 80,000 as Mysterious New Symptoms Appear

With the U.S. death toll from the coronavirus pandemic approaching 80,000 and states trying to reopen, scientists and physicians continued to grapple with mysteries of how the pathogen attacks the human body, and how to fight back. In the U.S., total deaths reached 79,528, according to data from Johns Hopkins University. World-wide, nearly 283,000 people…

Wall Street Bets Virus Meltdown Gives Landlords a Chance to Grow

Wall Street’s wager on high-earning suburban renters is paying off, and it is raising its stakes. Investors are flocking to America’s mega landlords, drawn by signs the companies that emerged from last decade’s foreclosure crisis owning huge pools of rental houses are weathering the economic shutdown far better than feared. Many also expect that the…

Reopening the Coronavirus-Era Office: One-Person Elevators, No Cafeterias

Welcome back to work. The corporate cafeteria is closed. The coffee makers are unplugged. And the desks are separated by plastic. Every part of office life is being re-examined in the era of Covid-19. When employees file back into American workplaces—some wearing masks—many will find the office transformed, human-resources and real-estate executives say.Elevators may only…

Inside the Refueling of a Nuclear-Power Plant as Coronavirus Hit

BRACEVILLE, Ill.—The coronavirus pandemic has put much of life and business on hold, but some things can’t wait—such as refuelings at a nuclear-power plant. It is a mammoth undertaking involving thousands of maintenance jobs and an influx of hundreds of workers over a few weeks—all tightly choreographed and within the confines of a single plant.…

Jerry Stiller, Comedian and ‘Seinfeld’ Actor, Dies at 92

NEW YORK—Comedy veteran Jerry Stiller, who launched his career opposite wife Anne Meara in the 1950s and re-emerged four decades later as the hysterically high-strung Frank Costanza on the smash television show “Seinfeld,” died at 92, his son Ben Stiller announced Monday. He died of natural causes, his son—a comedy star himself—said in a tweet.…

Shanghai Disneyland Reopens With the Magic of Social Distancing

SHANGHAI—Shanghai Disneyland welcomed visitors for the first time since January, becoming one of the highest profile tourist spots to reopen as China reboots parts of its economy that were shut down by the coronavirus. If Monday’s reopening was anything to go by, Walt Disney Co. DIS 3.40% ’s theme park kingdom is likely to regain…

Big Money Managers Take Lead Role in Managing Coronavirus Stimulus

The Federal Reserve’s giant program of corporate bond buying is about to kick in. It will hand a critical new role in propping the struggling economy to a business with increasing clout in the financial world: money management. The central bank has tapped BlackRock Inc. to help it direct money into both new and already-issued…

Factories Close for Good as Coronavirus Cuts Demand

Factory furloughs across the U.S. are becoming permanent closings, a sign of the heavy damage the coronavirus pandemic and shutdowns are exerting on the industrial economy.Makers of dishware in North Carolina, furniture foam in Oregon and cutting boards in Michigan are among the companies closing factories in recent weeks. Caterpillar Inc. said it is considering…