Yahoo Finance Daily

Last week, Netflix’s (NFLX) stock hit all-time record highs — surpassing even Disney’s (DIS) market cap — as Americans turn to streaming services while on coronavirus lockdown. In a recent research note, Credit Suisse pointed out Netflix’s unique position. The firm broke down how the platform’s wide array of content and high-purchasing power will help keep costs down once production eventually resumes.

Procter & Gamble’s sales rose 10% in its third quarter, which ended in March, thanks to American consumers stocking up on staples like toilet paper heading into the coronavirus lockdown. That suggests that in April, as the pandemic continues and such products continue to be scarce from local grocery stores, P&G is one of the “stay at home” names likely to benefit even more in April than it did in March.

New York State on Thursday extended its stay at home policy until May 15, as the staggering economic toll of the coronavirus pandemic grew more apparent, underscoring the White House’s growing urgency to restart the world’s largest economy. Data that showed a further deterioration in unemployment — and a collapse in the housing market — were the latest milestones showing how badly the COVID-19 crisis has undermined the U.S. economy.

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Sara Fearrington, a server at Waffle House in Durham, North Carolina, says she usually takes the bus 40 minutes each way to work. Since the novel coronavirus outbreak, she’s been terrified of getting infected during her commute — but she doesn’t have any other option. “It’s virtually impossible for any commuter on the bus to not have some type of exposure,” says Fearrington.

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The novel coronavirus has hiked demand for Amazon’s delivery service as hundreds of millions of Americans are forced into their homes. But the global pandemic has also prompted fear and frustration among many of the company’s warehouse workers, who have staged walkouts nationwide accusing the company of inadequate safety measures and insufficient paid leave as more than 50 facilities report infections.

In between nightly stand-up comedy sets, Ronn Vigh worked part-time as a talent coordinator and taught yoga at three different studios. He had finally found a delicate balance of pursuing his dreams and achieving financial stability. Within a matter of days, Vigh, 40, was left completely in the lurch as San Francisco implemented a shelter-in-place order in response to the novel coronavirus pandemic.

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