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States are beginning to see the impact of rolling back coronavirus-related lockdowns this week. Texas, for example, reported a rise in cases and three straight days of record-breaking Covid-19 hospitalizations weeks after its governor lifted stay-at-home orders. Cases are rising in nearly half the states as people begin going back to work, according to an Associated Press analysis. Some experts say this isn't the feared "second wave" – it's a continuation of the first. More on the outbreak below.
| | Amazon is ramping up testing for its fulfilment center workers | Amazon plans to test its workers at fulfillment center about every two weeks, which will require scaling up to provide millions of tests, sources told CNBC. The company is also looking at other methods to screen workers for Covid-19, including temperature checks at home and pulse oximetry. The company is also building its own labs in Sunnyvale, California, and Kentucky to reduce its dependence on third parties. The goal is to ensure that outbreaks don't get out of control. Amazon has been criticized for failing to do enough for its warehouse workers following outbreaks in New Jersey, New York, Colorado and other states.
- Chrissy Farr | | | | Moderna, J&J detail vaccine progress while Regeneron begins antibody study | The treatment and vaccine march forged ahead this week, with Moderna announcing plans to start the first large-scale efficacy trial of a Covid-19 vaccine in the U.S. in July, and J&J moving the start of its human trial up by more than a month, with a potential phase 3 start in September. Meanwhile, Regeneron started human trials of its antibody cocktail for Covid-19 designed to evaluate treatment and prevention. Chief Scientific Officer Dr. George Yancopoulos also warned, in an interview on CNBC's "Squawk Box," that the approaches of others in the race to use single drugs rather than cocktails to fight Covid-19 could be "dangerous and risky," drawing lessons from HIV.
- Meg Tirrell | | | | Colorado restaurants reopen after millions in losses as coronavirus cases fall across the state | Restaurants in Colorado began reopening their doors two weeks ago under strict new public health guidelines that limit the number of diners and require employees to wear protective gear to try to limit the spread of the coronavirus. We talked to restaurant owners who say they are hoping to recover from financial losses and bring back their furloughed employees. Chef Troy Guard, owner of Denver-based TAG Restaurant Group, said his company lost $7.5 million in revenue over the 10-week shutdown. TAG's 12 locations were making approximately $3 million in revenue a month before the pandemic. So far, he has rehired 80 of the 623 people he furloughed. They will staff four locations open for takeout and two that just reopened for dine-in service. While the weekly growth in confirmed cases has been slowing in Colorado since Gov. Jared Polis started easing restrictions, Guard remains cautious. "The biggest thing is that we want to make sure that when we reopen, we don't have to close again because if we close again, it's kind of a death sentence," he said.
- Jasmine Kim | | | | WHO says 'we can always do better' after asymptomatic spread remark | The World Health Organization spurred an uproar in the scientific community and others across social media this week when one of its top scientists said transmission of the coronavirus by people who never developed symptoms was "very rare." Less than 24 hours later, the WHO walked back those comments saying, it was a "misunderstanding" and "we don't actually have that answer yet." Asymptomatic spread does contribute to the pandemic, WHO and other scientists, including White House health advisor Dr. Anthony Fauci, clarified. Addressing the uproar, WHO's top official said in part: "Communicating complex science in real time about a new virus is not always easy, but we believe it's part of our duty to the world and we can always do better."
- Berkeley Lovelace Jr. | | | | Lockdowns prevented more than 60 million global coronavirus cases, study says | Lockdown orders that closed nonessential businesses and kept most people at home over the past months helped six countries avoid more than 60 million confirmed coronavirus cases, according to a study published this week. The study, conducted by researchers at the University of California at Berkeley, examined policy interventions in the U.S., China, South Korea, Italy, France and Iran. Because many infections are not formally diagnosed, the researchers estimated that such restrictions actually prevented as many as 530 million infections in those countries. "Our results suggest that ongoing anti-contagion policies have already substantially reduced the number of COVID-19 infections observed in the world today," the researchers wrote. Timing is key when it comes to lockdowns, the researchers said, adding that "seemingly small delays in policy deployment likely produced dramatically different health outcomes."
- Will Feuer | | | | WHO warns that most people are at risk of infection as mass gatherings are held worldwide | The coronavirus pandemic is worsening across the globe as the number of new Covid-19 cases continues to reach all-time highs, World Health Organization Director General Tedros Adhanom Ghebreyesus said Monday. While some countries have reported signs of improvement, research shows that most people are still susceptible to contracting Covid-19, he said. "In these countries, the biggest threat now is complacency," Tedros said. "We continue to urge active surveillance to ensure the virus does not rebound, especially as mass gatherings of all kinds are starting to resume in some countries." On Sunday, Tedros said reported Covid-19 cases across the globe reached an all-time high and that almost 75% of the cases reported Sunday came from 10 countries, mostly in the Americas and South Asia.
- Noah Higgins-Dunn | | CNBC @Work Virtual Spotlight | June 18, 2020
The New Convergence: Driving Better Outcomes
Featuring:
Que Dallara, Honeywell Connected Enterprise CEO
Pat Gelsinger, VMware CEO
"Tiger" Tyagarajan, Genpact CEO
George Batsakis, 1901 Group CTO
Paul Gaffney, Kohl's CTO
Andrea Gallego, BCG Gamma CTO
Neil Green, Otis CTO
Solmaz Shahalizadeh, Shopify Data Science and Engineering VP
Chris Wright, Red Hat CTO
Through discussions with the most influential voices on the future of work, CNBC will explore how companies can use converging tech to find the best workers, create a new, more flexible workforce, and enhance their bottom line. | |
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