U.S. President Donald Trump hosts an event on reopening schools amid the coronavirus disease (COVID-19) pandemic in the East Room at the White House in Washington, U.S., July 7, 2020. Kevin Lemarque | Reuters WASHINGTON – President Donald Trump ramped up his pressure campaign to get public schools to fully reopen amid the coronavirus pandemic,
Novavax CEO Stanley Erck told CNBC on Tuesday the company’s potential coronavirus vaccine improves its revenue outlook. “What the coronavirus does is it moves up the timetable for us to have revenue, and quite a bit actually,” Erck said in a “Squawk Box” interview. Shares of Novavax have surged in 2020, rising more than 1,800% year to date
File Photo: Patients, some HIV-positive, and their relatives protest for the lack of medicines and medical supplies in hospitals, in front of the Health Ministry in Caracas on April 18, 2018. Luis Robayo | AFP | Getty Images More than 70 countries warned they are at risk of running out of HIV medication due to
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health.
Donald Trump Jr. looks on as Kimberly Guilfoyle speaks during a ‘Make America Great Again’ campaign rally at Williamsport Regional Airport, May 20, 2019 in Montoursville, Pennsylvania. Drew Angerer | Getty Images Kimberly Guilfoyle, a senior Trump campaign official and Donald Trump Jr.’s girlfriend, tested positive for coronavirus while in South Dakota on Friday, according
US Surgeon General Jerome Adams holds a face mask during the daily briefing on the novel coronavirus, which causes COVID-19, in the Brady Briefing Room of the White House on April 22, 2020, in Washington, DC. MANDEL NGAN Surgeon General Jerome Adams on Friday stopped short of advising people to avoid participating in large gatherings
California, Michigan and New York City became the latest areas on Wednesday to pause some aspects of their reopening efforts as new cases spike across the country. Amid the surge, President Donald Trump said he’s “all for masks,” but he doesn’t think the U.S. needs a national mandate for people to wear them during the pandemic. This is
Pfizer shares jumped by nearly 7% in premarket trading Wednesday after it released positive results from its closely watched early-stage human trial on a coronavirus vaccine. The trial evaluated 45 people. Each participant received 10, 30 or 100 microgram doses of the vaccine or a placebo. The company coronavirus vaccine produced neutralizing antibodies, which researchers say is important for
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] div > div.group > p:first-child”> The Senate Health, Education, Labor and Pensions Committee is holding a hearing Tuesday with Dr. Anthony Fauci and other key Trump administration health officials on
Lab technicians load filled vials of investigational coronavirus disease (COVID-19) treatment drug remdesivir at a Gilead Sciences facility in La Verne, California, U.S. March 18, 2020. Picture taken March 18, 2020. Gilead Sciences Inc | Reuters Gilead Sciences announced Monday the pricing for its coronavirus treatment remdesivir, saying it will cost $3,120 for a typical U.S.
A man wearing a PPE mask passes a mural on the side of a building in midtown New York City June 26, 2020. Timothy A. Clary | AFP | Getty Images The number of confirmed coronavirus cases worldwide surpassed 10 million Sunday, with the U.S. leading the way, according to data collected by Johns Hopkins
U.S. Immigration and Customs Enforcement must release children held in the country’s three family detention centers by July 17 because of the danger posed by the coronavirus pandemic, a federal judge in Los Angeles ordered. U.S. District Judge Dolly Gee said in a ruling Friday that children held for more than 20 days at ICE
The White House coronavirus task force is slated to hold its first news briefing in nearly two months Friday, as new coronavirus cases continue to surge across large parts of the country. Vice President Mike Pence will lead the briefing, according to the Department of Health and Human Services, but the briefing will take place at
Any policy changes that states like Texas and Florida, which appear to have expanding coronavirus outbreaks, decide to implement now likely won’t affect the spread of the virus for weeks to come, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC Thursday. Due to the lag of how long it takes once someone is infected
The coronavirus continues to surge in a number of states across the country, mostly the American South and West. Testifying before members of Congress on Tuesday, White House health adviser Dr. Anthony Fauci said that parts of the U.S. are beginning to see a “disturbing surge” and described the overall situation in the U.S. as a
White House coronavirus advisor Dr. Anthony Fauci, along with three other top U.S. health officials, are slated to answer questions from members of Congress about the national response to the pandemic on Tuesday. Top officials from the Centers for Disease Control and Prevention, the Food and Drug Administration and the Department of Health and Human Services
A number of states across the U.S. continued to report a rise in new cases over the weekend, as White House trade advisor Peter Navarro told CNN’s “State of the Union” Sunday that the White House is preparing for a potential “problem in the fall.” This is CNBC’s live blog covering all the latest news on
The U.S reported some 30,000 new coronavirus cases on Friday, the highest number of daily infections recorded since May 1, according to data compiled by Johns Hopkins University. New cases across the country are surging faster than ever, especially in states in the South, West and Midwest. Officials are warning that some clusters of infections
Jeff Williams, chief operating officer of Apple Inc., speaks during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple has grand ambitions to move into the health care field. The company’s CEO Tim Cook once referred
Global coronavirus cases now top 8.5 million, having added another 1 million cases in just over a week. Hot spots in Latin America and the Middle East have contributed to the rise, with cases still ticking higher in the U.S. and cases in Europe hitting a relative plateau. Local U.S. officials continue to adjust reopening
As cases continue to surge throughout the American South and West, some state officials are rethinking how to reopen. Arizona Gov. Doug Ducey on Wednesday reversed his stance against mandating mask wearing and allowed local officials to set their own regulations. Oregon Gov. Kate Brown announced Wednesday that most of the population will have to
1. Dow looks to extend winning streak to four sessions Dow futures were pointing to a 150 point gain at Wednesday’s open, one day after the Dow Jones Industrial Average soared more than 500 points, or 2%, on a record retail sales jump, positive trial results of a potential coronavirus treatment and hopes of more economic
The number of confirmed cases of the coronavirus around the world has now topped 8 million as the World Health Organization continues to warn that, while the virus has slowed in parts of Europe, it is gaining speed in other parts of the world, including parts of Africa and the Americas. More than 100,000 new
A second wave of coronavirus has started in the U.S. — and people need to remain careful or risk stressing out the health-care system again, said William Schaffner, a professor at the Vanderbilt University School of Medicine. “The second wave has begun,” said the professor of medicine told CNBC’s “Street Signs Asia” on Monday. ”We’re opening up across the country, but many, many people
As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. Officials at the Centers for Disease Control and Prevention said Friday
The number of confirmed coronavirus cases continues to rise in U.S. states that were among the first and most aggressive to reopen, leading some local officials to reconsider reopening plans. In Oregon, Gov. Kate Brown announced a 7-day statewide pause on further reopening as health officials study the data and try to contain budding outbreaks.
Confirmed coronavirus cases in the U.S. topped two million as the virus begins to spread more rapidly in some states that aggressively reopened such as Texas, Arizona, North Carolina and others. While health officials expected cases to rise as states reopened, the focus now is on ensuring that surges don’t boil over into uncontrolled outbreaks.
As U.S. states push deeper into reopening, several that were among the first to reopen have reported surges in cases and hospitalizations. Confirmed cases across the U.S. have been on a gradual rise since Memorial Day weekend, when packed beaches and crowded gatherings prompted warnings from officials. Some officials have pointed to increased testing as