Trump accuses hospitals of hoarding ventilators, field hospital set up inside Central Park


This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks.

  • Global cases: More than 691,000
  • Global deaths: At least 32,000
  • United States cases: At least 125,300
  • United States deaths: At least 2,200

The data above was compiled by Johns Hopkins University.

6:55 pm: Consolidating flights to US cities could help stem airline industry losses

U.S. airlines and the Department of Transportation may soon have to consider consolidating service to dozens of cities around the country in

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Private-jet companies could get billions in aid from coronavirus bailout


A Bombardier Inc. Learjet 40 XR aircraft, right, sits parked at Million Air in White Plains, New York, U.S.

Paul Taggart | Bloomberg | Getty Images

Private-jet companies could receive billions of dollars in loans, aid and tax relief from the federal government as part of the coronavirus aid package.

As part of the $2 trillion stimulus bill, private-jet charter companies and jet-card companies will several types of help from the federal government. First, private-jet companies will no longer have to pay a 7.5% tax to customers. The tax, known as Federal Excise Tax, is charged to customers of private-jet

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As virus threatens, U.S. embraces big government, for now


WASHINGTON, March 28 (Reuters) – It may, as House Majority Leader and Maryland Democrat Steny Hoyer said on Friday, be out of love that the United States agreed to shut down much of its economy to stop a viral epidemic and save lives.

FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin walks from a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts

It may, as Treasury Secretary Steven Mnuchin said, be out of necessity that the federal government agreed to foot the bill.

Whatever the motivation, in

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Cigna and Humana waive coronavirus treatment costs


Pedestrians walk passed signage at Cigna headquarters in Bloomfield, Connecticut.

Michael Nagle | Bloomberg | Getty Images

Health insurers Cigna and Humana are now waiving patient cost-sharing on all treatment for coronavirus, including hospitalizations and ambulance transfers, for their insured members and employer plans.

“Our customers with COVID-19 should focus on fighting this virus and preventing its spread,” said David Cordani, Cigna president and CEO in a statement, adding “while our customers focus on regaining their health, we have their backs.”

The insurers said the waiver applies to all medical costs related to the treatment of coronavirus, including FDA-approved medications

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