Some of Friday’s top business news stories:
Associated Press
Trump signs bill to help telecoms replace Huawei equipment, by Kevin Freking
Walt Disney World to close theme parks through end of month, by Freida Frisaro, Adriana Gomez Licon
CNN
Oil prices keep tumbling, with no sign of stopping, by Matt Egan
NY Fed vows to pump in $1.5 trillion to fight coronavirus-linked ‘highly unusual disruptions’ on Wall Street, by Matt Egan
The Wall Street Journal
FDA Grants New Coronavirus Test Emergency Approval, by Denise Roland, Peter Loftus
Sports TV Networks Take a Hit as Major Leagues Suspend Operations Over Coronavirus, by Benjamin Mullin, Lillian Rizzo
CNBC
Gap’s earnings, sales beat, retailer names new CFO, by Lauren Thomas
Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48%, by Arjun Kharpal
Reuters
Travel industry under siege as coronavirus contagion grows, by Jamie Freed, Tracy Rucinski
Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament, by Tom Hals, Nichola Groom
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