Evening Briefing

The death toll from the new coronavirus reached 50,000 in the U.S., now the undisputed center of the global outbreak. New York City has suffered the most, with more than 16,000 dead. Some 870,000 Americans have been infected, with about 20,000 new cases added just on Thursday. Still, some states are planning to roll back social-distancing, despite a continuing lack of sufficient testing. Experts warn that another, perhaps equally deadly wave could result. —David E. Rovella

Here are today’s top stories

The Food and Drug Administration warned of potential serious heart risks from malaria drugs repeatedly touted by President Donald Trump as a treatment for the novel coronavirus, in the second warning this week against using such pharmaceuticals in the context of Covid-19. Yesterday, Trump said maybe Americans should take disinfectants intravenously, but on Friday he said he was being sarcastic and his aides blamed the media.

But just to be safe, Lysol and Dettol maker Reckitt Benckiser stated that “under no circumstance” should its disinfectant products be administered into the human body, through injection, ingestion or otherwise.

The company that makes that malaria drug, Sanofi, says Europe needs to wake up to the challenge of manufacturing enough coronavirus shots to halt the pandemic, when and if a vaccine is discovered.

It’s no longer just the U.S. that’s facing a meat scare. With shutdowns spreading among the world’s biggest exporters, serious questions are being raised about global shortfalls.

Hedge funds aren’t eligible for a U.S. rescue loan program, the Trump administration said Friday, after a flood of outrage that rich traders could take money intended to help Americans with small businesses.

Amazon told its warehouse employees who have stayed away from work during the pandemic to return for scheduled shifts beginning May 1, or request a leave of absence.

When on April 20 it seemed the whole world was selling oil, a familiar name was buying: Carl Icahn.

What you’ll need to know tomorrow

Sponsored by the Kellogg School of Management at Northwestern University

To lead with confidence during the pandemic, you need to internalize two mantras. These simple guiding principles will help you better manage your team, support customers, and deal with the anxiety that comes with working during the coronavirus crisis.

What you’ll want to read in Bloomberg Checkout

Grocery Upstarts Try to Exploit Delivery Overload

Housebound Americans looking to avoid supermarket anxiety have been bombarding FreshDirect, Kroger, Amazon and others for more than a month now. Incessant clicking in the hope of scoring a delivery slot—followed by sudden cancellations or half-filled orders—are the new normal. Seizing this opportunity, smaller upstarts have stepped in, aiming to satisfy the intense demand while building customer loyalty.

Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg All Access and get much, much more. You’ll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close.

Wake up with the biggest stories in global politics and the 2020 campaign: Balance of Power, which arrives in your inbox every morning, breaks down the latest political news, analysis, charts and dispatches from Bloomberg reporters all over the world. Sign up here.

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.