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The Dow Jones Industrial Average had its largest single-day drop in the market's history on Thursday.The Dow finished the day down nearly 1,193 points. The previous largest one-day drop for the Dow was on Feb. 5, 2018, when the index lost 1,175 points.The Dow has lost more than 3,500 points since Friday, marking one of the worst weeks for the market in the last calendar year. Three of the five largest single-day drops in Dow Jones history took place this week.Stocks have been falling amid fears of a worldwide slowdown due to the spread of COVID-19, better known as the coronavirus. Though 607
The first cases of coronavirus and COVID-19 have been confirmed in Michigan.Gov. Whitmer announced late Tuesday that she has also declared a state of emergency to assist local governments to slow the spread of the virus.The state has a website set up specifically for COVID-19 and is at 299

The Army Corp of Engineers is looking at more than 300 facilities nationwide that it could turn into hospitals.New York City’s Javits Convention Center opened as a temporary hospital on Monday. Thousands of beds are now set up to receive patients who are not suffering from COVID-19.The field hospital is staffed with hospital units from Fort Campbell and Fort Hood.Wayne Brackin, the CEO of Kidz Medical Services, has experience with field hospitals and hospital hurricane responses in Florida. He says the Army can set up a field hospital in just weeks. “It will have the feeling of being in a mass unit,” said Brackin. “You'll come into a different kind of facility. They'll be higher levels of security. You're clearly in most cases going to be going into a structure that's been built and will have a lot of components that will look like a very sophisticated version of a tent.”Brackin says an advantage of an existing structure is it's typically climate controlled.The Army is sending field hospitals to Washington state and New Jersey. It says they'll be running by April 2.Navy hospital ships that arrived in New York and outside Los Angeles have started accepting non-COVID-19 patients.A field hospital also opened Tuesday in New York City’s Central Park. It's run by Christian humanitarian aid organization Samaritan's Purse. The group usually brings doctors to extreme medical situations around the world.The Central Park field hospital is designed as a respiratory care unit. They plan to see dozens of coronavirus patients.The organization says it's bringing-in a large disaster response team with doctors and nurses. 1643
The American job market remains tight, and banks are scrambling to find people who want to work at their branches. That's why Bank of America is raising its minimum wage to an hour in 2020 — a year earlier than expected.Bank of America said Monday it would raise its minimum wage for its more than 208,000 US employees by the end of the first quarter of 2020. It previously planned to boost paychecks to an hour 432
The 17-year-old traveled 250 miles with a bloody mouth, broken teeth and a hole in his jaw, trekking from a small town in Nevada to a pediatric hospital in Utah with his mother. There, doctors rushed him into surgery, working to reconstruct and repair shattered bone.What he told doctors shocked them: The boy was vaping when, without warning, his e-cigarette exploded in his face. The freak accident, described in a case study published Wednesday, is just one of 476
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