Tag Archives: U.S. Economy

California Gov. gavin Newsom says tech companies are key to lifting coronavirus restrictions

[ad_1] Tech companies will be key to supporting California’s growing “army” of coronavirus contact tracers and ultimately reopening the state, Gov. Gavin Newsom told CNBC on Friday. Newsom’s plan for reopening the state is highly dependent on the capacity to test widely for the virus and to conduct contact tracing, …

Read More »

WHO says China revised coronavirus infection data to ‘leave no case undocumented’

[ad_1] Maria Van Kerkhove, head of the World Health Organization’s emerging diseases and zoonosis unit, speaks during a press conference following an emergency committee meeting over the new coronavirus in Geneva on Jan. 22, 2020. Pierre Albouy | AFP | Getty Images The World Health Organization said Friday that China …

Read More »

New York still struggles with 2,000 new coronavirus hospitalizations a day, Gov. Cuomo says

[ad_1] New York is still struggling to contain the coronavirus outbreak across the state with 2,000 new hospitalizations a day, even as public officials make plans to gradually reopen parts of the economy for business, Gov. Andrew Cuomo said Friday. Cuomo and other governors across the nation are desperate to …

Read More »

No evidence antibody tests can show coronavirus immunity

[ad_1] The World Health Organization issued a warning Friday about coronavirus testing, saying there’s no evidence serological tests can show whether a person has immunity or is no longer at risk of becoming reinfected. “These antibody tests will be able to measure that level of serology presence, that level of …

Read More »

If Sanofi’s coronavirus vaccine works, CEO says it can produce up to 600 million doses next year

[ad_1] French drugmaker Sanofi expects to produce up to 600 million doses of its coronavirus vaccine next year if its clinical trials with GSK go as planned, CEO Paul Hudson said Friday. “We believe we’re one of the few companies who will be able to make a vaccine at a …

Read More »

Singapore new record high, China numbers

[ad_1] This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: At least 2,152,647.  Global deaths: At least 143,802.  Most cases reported: United States (667,801), Spain (184,948), Italy (168,941), France (147,091), and Germany (137,698).  The data …

Read More »

Gilead stock surges 15% after report says coronavirus drug trial shows encouraging early results

[ad_1] Gilead Sciences shares surged by more than 15% in after-hours trading Thursday after details leaked of a closely watched clinical trial of the company’s antiviral drug Remdesivir, showing what appears to be promising results in treating Covid-19. The University of Chicago’s phase 3 drug trial found that most of …

Read More »

DeCODE Genetics’ Kari Stefansson on Iceland’s lessons for US

[ad_1] Iceland’s strategy to track the spread of the coronavirus can be used in the U.S., deCODE Genetics CEO Kári Stefánsson told CNBC on Wednesday. Stefánsson, whose Reykjavík-based company is known for its work analyzing the human genome, noted the obvious size differences between the U.S. and Iceland.  For starters, the U.S. …

Read More »

Singapore reports record 447 new cases

[ad_1] This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 2 million Global deaths: At least 134,178 Most cases reported: United States (636,350), Spain (177,644), Italy (165,155), Germany (134,753), and France …

Read More »

Trump says US has ‘passed the peak’ of coronavirus outbreak

[ad_1] President Donald Trump said the U.S. has “passed the peak” of the coronavirus outbreak, which has infected more than 632,000 people in America. “While we must remain vigilant, it is clear that our aggressive strategy is working,” Trump said at a White House news briefing with coronavirus task force on …

Read More »