Two or three Republican senators are “just about committed” to supporting a $500 billion bailout bill for states and counties hammered by the economic impact of the coronavirus, said U.S. Senator Bob Menendez, a New Jersey Democrat. This comes after President Donald Trump and Republican Majority Leader Mitch McConnell said blue states which pay the most into federal coffers and suffered the bulk of America’s 80,000 coronavirus deaths shouldn’t get any help after spending billions of dollars fighting the pandemic on their own. —David E. Rovella

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Here are today’s top stories

South Korea reported a flare-up in cases and Wuhan, China, where the epidemic began, reported its firs new infections since ending its shutdown. Russia reported a record number of new cases in one day and is now the hub of the outbreak in Europe. France, Switzerland and Greece are loosening restrictions and the U.K. outlined a plan to ease its restrictions, despite one of the highest death rates in the world. As countries end shutdowns, the risk of transmission will rise again in a global resurgence, the World Health Organization said. The question is whether countries can isolate clusters of new cases, a capacity nations like the U.S., with the largest number of infections and deaths, do not have. Here is the latest.

New York City has had almost 20,000 coronavirus deaths, but an additional 5,000 fatalities may be tied to the pathogen’s effect on the health-care system, city services and other factors. New York Governor Andrew Cuomo said some regions of the state could begin to resume normal business this week.

The Trump administration said it plans to distribute $11 billion to states for testing, but has yet to reveal which states will get the funds and how much. The White House move to hand out the money, part of the Congressional bailout package, follows criticism over how it has distributed a new drug that may help infected patients, how it has outbid states for protective equipment and even seized some of it headed for hospitals desperately in need.

Former Vice President Joe Biden is looking for a running mate as the presidential campaign season, albeit virtually, gets underway. Francis Wilkinson writes in Bloomberg Opinion that both Russians and Republicans are likely to “repeat their 2016 efforts to suppress black voter turnout,” so the Democrat needs to pick someone who can guarantee the most voters at the polls.

U.S. airlines are grappling with one outcome of the deep schedule cuts they’ve made in response to near-zero travel demand: Many of the flights that remain are starting to fill up, complicating social distancing guidelines and angering some passengers.

The Trump administration has been trying to clarify rules governing the controversial small business lending facility that initially helped a lot of big businesses at the expense of mom-and-pops. But the new guidance has stirred new confusion, whipsawed borrowers and led dozens of firms to return loans.

What’s Joe Weisenthal thinking about? The Bloomberg news director has some bad news for white-collar workers as yet untouched by the financial disaster that is the American economy. The most perverse number in last week’s jobs report was on worker pay. After years of disconnect between unemployment and wages, it showed a gigantic surge in average hourly earnings. But this is a reflection of how job losses were so overwhelmingly concentrated among lower income, service industry workers. Perhaps you remember the political controversy over how some laid-off workers might allegedly get bigger unemployment checks than they were while working. If that was true, it’s possible that the fiscal expansion has done a decent job of smoothing over the lost income, and thus allowing overall economic demand to somewhat hold up. However, as layoffs climb the income ladder, unemployment insurance will replace lost household income less and less, forcing more demand destruction as households cut back spending even further.

What you’ll need to know tomorrow

• The radical reshaping of American consumerism has begun.
• An ex-Trump security aide with ties to Michael Flynn is back.
• An errant missile strike during Iranian naval exercise kills 19.
• Sri Lanka stock market opens after seven weeks, and tanks.
• The $428 billion F-35 fighter has gotten a bit less defective.
• Businessweek: Why chicken, and not beef, remains plentiful.
• Bloomberg Opinion: High court should release Trump’s taxes.

What you’ll want to read in Working From Home

Work Less, Ignore ‘Productivity Propaganda’

There’s burnout, and then there’s pandemic-induced burnout. For many of those lucky white-collar workers still with jobs and working from home, the professional environment has changed radically since Covid-19 disrupted life—but the intensity of their jobs hasn’t. Juggling full-time responsibilities, family and the stress of confinement makes the risk of burnout greater than ever. Bloomberg Businessweek’s Working From Home has some advice on how to weather your indoor storm.

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