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Trump: Feds should take equity in firms it bails out

President Donald Trump said the government should take an equity stake in companies that need bailouts because of the effects of coronavirus on the U.S. economy.

 
Walt Disney Company closing theme parks around world

The company said that the decision was made “in an abundance of caution” to protect guests and employees amid the global outbreak of the new coronavirus.

 
Coronavirus declared a pandemic by World Health Organization

By reversing course and using the charged word “pandemic” that it had previously shied away from, the U.N. health agency appeared to want to shock lethargic countries into pulling out all the stops.