The daily business briefing: April 14, 2020

Governors form regional groups to reopen their economies, Roku shares jump as streaming surges, and more

The Castro Theater in SF
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1. Governors unite to plan for reopening regional economies

Two groups of governors, one from the East Coast and the other from the West, announced Monday that they were joining forces to develop coordinated plans to eventually reopen their economies. The governors plan to roll back coronavirus restrictions slowly, to avoid new spikes of infections. New Jersey, New York, Connecticut, Pennsylvania, Delaware, and Rhode Island are forming the Eastern regional council, while California, Washington, and Oregon are forming the Western one. The announcement came as the White House unveiled its new council to stimulate the federal economy and reopen businesses. President Trump, who has called for reopening parts of the economy as soon as possible, said he had "total" authority to overrule the governors. "The president of the United States calls the shots," he said.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.