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Boeing said Thursday it will offer voluntary buyouts to its 160,000 employees as the aircraft manufacturer struggles to cut expenses amid the worldwide economic slowdown caused by the coronavirus pandemic.

Both Democrats and Republicans said Tuesday they're close to agreeing on a massive economic rescue package, which will include payments to US households and aid for small businesses and the travel industry, among other things. A vote in the Senate could come later Tuesday or Wednesday. Investors were imploring Congress to act, particularly as the Federal Reserve has done nearly all it can to sustain markets, including its latest round of extraordinary aid launched Monday. "It's sort of like, keep the patient alive in the emergency room so you can provide some treatment options," said Katie Nixon, chief investment officer at Northern Trust Wealth Management. The Dow rose 2,112.98 points, its biggest point gain in history, to 20,704.91. It The S&P 500, which is much more important to most 401(k) accounts, rose 209.93, or 9.4 percent, to 2,447.33 for its third-biggest percentage gain since World War II. The Nasdaq composite jumped 557.18 points, or 8.1 percent, to 7,417.86.

Bloomberg was the main target of other candidates and did poorly fighting off criticism that he is a billionaire who is seeking to buy the nomination, for his support of the NYPD policy known as "stop-and-frisk" that often targeted black and Hispanic New Yorkers, and his treatment of women. Bloomberg isn't on the ballot until Super Tuesday on March 3.

Born in 1962, Qiu earned a master's degree at Jilin University of Technology in 1996. He started his career in 1984 in the personnel department of Jilin Institute of Technology.

Boasting the fifth largest forest area in the world, China aims to expand its forest cover to more than 23 percent by 2020 to combat climate change and soil erosion. The forest coverage was 21.7 percent at the end of 2016.