Coronavirus Live Updates: Risks of Reopening Economy Weighed

Here’s what you need to know: ImageOil storage tanks in Tuapse, Russia. The coronavirus pandemic has slashed global demand for oil by about one-third.Credit…Andrey Rudakov/Bloomberg Oil-producing nations agree to cut production sharply. Saudi Arabia, Russia and other oil-producing nations completed an agreement on Sunday to slash oil worldwide oil production by nearly 10 million barrels…

Disney World Furloughing 43,000 Workers

Walt Disney World in Florida plans to furlough about 43,000 workers after it closed last month because of the coronavirus pandemic, the company and a union coalition representing the workers said. In mid-March, Disney theme parks worldwide closed, including Disney World in Florida and Disneyland Resort in California. The furloughs, which are set to begin…