Coronavirus update: Infections, hospitalizations jump as states pursue reopening
The number of confirmed cases of the coronavirus illness COVID-19 globally climbed above 8 million on Tuesday, and many parts of the U.S. showed rises in infections even as officials continued their push to reopen economies and end lockdowns.
Vice President Mike Pence on a call with state governors on Monday actively encouraged them to echo the administration’s stance that the increase in cases is due to an increase in testing and only reflect what he called ‘intermittent spikes,’ the New York Times reported. Pence was repeating the message offered by President Donald Trump earlier Monday.
Russia has 544,725 cases and 7,274 fatalities, followed by India with 343,091 cases and 9,900 deaths.The U.K. has 298,315 cases and 41,821 deaths, the highest death toll in Europe and now third highest in the world. Elsewhere, New Zealand recorded its first cases in weeks when two travelers from the U.K. tested positive. The Philippines started to reopen its economy after an almost three-month lockdown. The Philippines has 26,781 confirmed cases of the virus and 1,103 deaths, according to the Johns Hopkins data.
Oxford researchers said in a news release that they plan to publish the full clinical details “as soon as possible.” On Monday, the FDA warned that the two drugs could adversely affect remdesivir if used in combination and would reduce its efficacy. What are companies saying? The IPO market continued to recover from a pandemic-induced lull in March, April and May, with the pricing of the biggest deal of the year-to-date.
Suva is expecting Apple to benefit from the upcoming 5G upgrade cycle and while it may start selling its new 5G phones a month or so later than usual in the fall, the company “will likely have a strong 5G product offering in time for Christmas 2020.” • Caesars Entertainment Corp.’s CZR, +3.24% revenue for the reopened regional properties, for the period they were operating in May and/or June through June 10 were flat to up 2% from a year ago. For the reopened Nevada properties, revenue through June 10 dropped 56% to 58% from a year ago. Operating income for reopened regional properties through June 10 were up 60% to 70%, while income for reopened Nevada properties fell 110% to 120%.
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