Coronavirus shutdown creates uncertainty throughout Minor League Baseball
Des Moines Register: Profitability is hard to come by for most Minor League Baseball teams. Now, with each passing day without a game, teams are taking financial hits. They rely on their limited precious home dates to make as much money as possible. And with no end in sight to the coronavirus shutdown, all teams are sweating, hoping the 2020 season starts sooner than later to avoid a disastrous outcome. The MiLB season was originally scheduled to start April 9, but the spread of the coronavirus has put baseball on hold. “What we’ve done is taken Christmas out of the calendar,” said Iowa Cubs president and general manager Sam Bernabe. “Basically, that’s what opening day means to people in the business, it’s as big a holiday for us as Christmas is for the people in general.” It’s the same story for the four other MiLB teams in Iowa: the Cedar Rapids Kernels, the Quad Cities River Bandits, the Clinton LumberKings and the Burlington Bees, which each summer offer a popular entertainment option for families and an economic impact of millions for their cities.

Wall Street jumps as hopes for easing lockdown offset earnings worry

Reuters: U.S. stocks jumped today as optimism that the Trump administration could move to ease lockdowns from the coronavirus overshadowed worrying earnings reports from JPMorgan and Wells Fargo. The Dow Jones industrial average rose 560.43 points, or 2.4%, to 23,951.2.

– Oil slumps on worries that supply cuts are playing catch-up to falling demand (Reuters)
– Boeing loses plane orders as coronavirus hits global air traffic (Wall Street Journal)
– Hank Steinbrenner, heir to the Yankees, is dead at 63 (New York Times)