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The NewsWorthy

Wall Street Plunge, Biggest Explosion in Universe & Leap Day - Friday, February 28th, 2020

The NewsWorthy

Erica Mandy

News, Daily News, Society & Culture

4.71.3K Ratings

🗓️ 28 February 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

The news to know for Friday, February 28th, 2020! 

What to know today about the latest impact from the coronavirus disease, from Wall Street to schools, and we're talking about this weekend's important primary...

Plus: the biggest explosion in the universe, who is taking on Amazon Prime, and explaining Leap Day.

Those stories and more in less than 10 minutes!

Award-winning broadcast journalist and former TV news reporter Erica Mandy breaks it all down for you. 

Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.

This episode is brought to you by www.NativeDeodorant.com.  *Use the code 'newsworthy' for a special offer.

Become a NewsWorthy INSIDER! Learn more here: www.TheNewsWorthy.com/insider

 

 

Sources:

Coronavirus Latest: NYT, NBC News, WSJ, AP, CNBC

South Carolina Primary: AP, NPR, The Hill, Washington Post, CBS News

Winter Storm Heads East: Weather Channel, ABC News

Biggest Explosion in Universe: Space.com, CNN

Walmart+ vs. Amazon Prime?: Recode,

DoorDash Files for IPO: TechCrunch, WSJ, CNBC

Krispy Kreme Delivery: USA Today, Fox News

LinkedIn Story Feature: Forbes, The Verge

Leap Day: USA Today

Feel Good Friday - Good News Network

 

Transcript

Click on a timestamp to play from that location

0:00.0

Today is Friday, February 28th. We're talking about the ongoing impact from the coronavirus disease,

0:05.2

from Wall Street to schools, and what to know about this weekend's primary.

0:08.7

Plus the biggest explosion in the universe, who is taking on Amazon Prime and explaining Leap Day.

0:16.4

Welcome welcome to the newsworthy. All the days news in less than 10 minutes.

0:20.5

Fast, fair, fun, and on the go. I'm Erica Mandy. Thanks so much for being here. You ready? Let's do this.

0:28.0

Fears and uncertainty about the coronavirus disease took another huge toll on the

0:35.8

stock market. The Wall Street Journal reports all three major

0:38.5

indexes saw the largest one-day point declines on record and the worst day on

0:43.3

on Wall Street since the 2008 recession.

0:45.2

The stock market has been on a steady decline for six days now.

0:48.9

Investors are concerned since the virus still has factories in China shut down,

0:52.4

which is affecting the supply chain,

0:54.1

and now the New York Times reports, they're worried people will stop spending money.

0:57.9

As in, they won't go out to eat or on vacation or business trips just to avoid crowded places which will then further affect the

1:04.6

economy.

1:05.6

NBC News reports some experts think the virus could even send the US into

1:09.2

another recession while others say a swift recovery is likely so it's still t-b-D.

1:15.0

Either way, keep in mind, while the pros may look to sell stocks now,

1:18.0

a lot of regular long-term investors don't need to do anything,

1:21.0

especially those saving for retirement over decades.

1:24.0

As for the actual number of cases of the virus, it is still going up around the world.

1:29.0

In all 47 countries have now reported cases of COVID-19, and some are taking extreme measures to try and contain it.

...

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