Global coronavirus cases surpassed 8 million on Tuesday. In Beijing, authorities ordered all schools closed as they struggle to halt a new outbreak which has already spread to neighboring provinces. In the U.S., some of the most populous states (including Texas and Florida) are facing a new wave of cases after lifting lockdown orders earlier than medical experts recommended. Acting quickly to enact broad containment is the key to beating a second wave, a Bloomberg News analysis found. Despite the continued rise in cases, there is a bit of good news: A low-cost, widely used anti-inflammatory drug has been shown to save some Covid-19 patients’ lives, and one pharmaceutical company claims the efficacy of its vaccine could be known by Thanksgiving. Here’s the latest. —Josh Petri

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Here are today’s top stories

The U.S. Supreme Court’s landmark decision holding that employers can’t discriminate against workers based on their sexual orientation or gender identity has a glaring loophole: It doesn’t apply to small businesses that employ as many as one in six Americans.

President Donald Trump’s resumption of live campaign rallies is a nightmare scenario for public health officials. The Republican plans to address supporters inside an arena that holds 20,000 people despite such a setting being the perfect environment for transmitting the deadly coronavirus. The campaign plans to give a mask and hand sanitizer to everyone who attends—and require them to waive their right to sue Trump or his campaign should they fall ill or die as a result of attending.

Trump expressed his support for police employees during a ceremony spurred by national revulsion at police killings of unarmed African Americans and structural failures in U.S. law enforcement. In his remarks, Trump proclaimed that private school vouchers would be the nation’s most important civil rights measure. He rejected, however, widespread calls for law enforcement agencies with a history of brutality to be restructured.

New polling in the battleground state of Michigan has Trump trailing former Vice President Joe Biden by 16 points. In 2016, Trump beat Secretary of State Hillary Clinton there by fewer than 11,000 votes. Trump has been attacked both at home and abroad for his failure to stem the pandemic in the U.S. and his antagonistic response to protests over police killings. Some of his advisers fear he has damaged his chances of being reelected. Here’s the latest on the campaign.

Black tech entrepreneurs say instances of racism have become a routine—and insidious—part of doing business in Silicon Valley. While these leaders say they are encouraged by initiatives to hire and fund more people of color, they remain deeply skeptical the industry will change.

Fed Chairman Jerome Powell contends the U.S. economy may be entering a period of significant improvement in employment, but one that will leave the labor market “well short” of the robust levels seen just before the pandemic.

Every night in New York City, cleaning crews shoulder the Herculean task of making sure each and every one of the subway system’s more than 6,000 train cars is cleaned and disinfected in time for the morning commute, something that has never been done before.  

What you’ll need to know tomorrow

• Kim Jong Un blows up joint Korea office, in a rebuke to Seoul.
• Long Island’s Nassau Coliseum is to close indefinitely.
• Before the U.S. can have clean power, it needs more power lines.
• Virus antibody tests are everywhere, and confusing everyone.
• The coronavirus has been devastating for coffee growers.
• It’s been great, however, for the makers of rubber gloves.
• Companies scramble to find uses for millions of gallons of stale beer.

What you’ll want to read tonight in Businessweek

How the King of Flour Met Quarantine Demand

Mid-March is usually a slow period for flour mills. The weather is warming, and home bakers are stepping away from their ovens. This year, however, fears were rising about the spread of the novel coronavirus. Cities across the U.S. were implementing unprecedented school and business closures, and shoppers were preparing for weekslong quarantines. Anything that could be hoarded flew off the shelves—pasta, toilet paper, canned soup. Among the staples in highest demand was, unexpectedly, flour. King Arthur, one of the country’s largest flour companies, was running out. This is the story of how they kept the pandemic loaves rising.

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