The U.S. tally for confirmed cases of the coronavirus illness COVID-19 climbed above 4.29 million on Tuesday, and the death toll exceeded 148,000, after Texas became the fourth state with more than 400,000 cases, joining California, Florida and early hot spot New York.
President Donald Trump, who last week appeared to reverse course on wearing face masks and to be taking a new approach to the pandemic that would acknowledge the risks facing Americans, appeared to revert to form late Monday. Trump tweeted out clips of a video showing a group of doctors making a series of false and misleading claims about the virus after the video was removed by Facebook FB, +0.21%.
A new Axios-Ipsos poll found that 46% of Americans know someone who has tested positive for COVID-19, and about half of those, or 23%, know someone in their own community. A full 75% of those polled said other people’s behavior is making things worse. What’s the latest medical news? Pfizer Inc. and BioNTech SE BNTX, +0.79% said late Monday they have also started a late-stage clinical trial for one of their COVID-19 vaccine candidates, involving 30,000 people around the world.
Fujifilm Holdings Corp. 4901, +3.09% said it will receive federal funding from the Biomedical Advanced Research and Development Authority to help manufacture COVID-19 vaccines. The Operation Warp Speed contract was granted to the Texas A&M System, which then subcontracts with Fujifilm Diosynth Biotechnologies, for $265 million. The Fujifilm subsidiary had previously announced a manufacturing deal with Novavax Inc. NVAX, +4.
“Consumers have grown less optimistic about the short-term outlook for the economy and labor market and remain subdued about their financial prospects,” said Lynn Franco, senior director of economic indicators at the board. “Such uncertainty about the short-term future does not bode well for the recovery, nor for consumer spending.”
Harley-Davidson Inc. HOG, -4.78% swung to a loss and unveiled another overhaul of its operating model. The iconic motorcycle company will streamline its product line and focus on 50 markets in North America, Europe and Asia-Pacific that account for most of its volume and growth. • Crane Co. CR, -5.75%, the maker of construction cranes and other industrial equipment, beat adjusted profit expectations for its second quarter and sales were above forecasts. Sales fell 20% to $678 million, due to “COVID-19 related macroeconomic factors.” “Our teams executed extremely well in a challenging environment, and second-quarter results modestly exceeded our expectations largely due to certain timing related items,” Chief Executive Max Mitchell said.
This is a very misleading title because it implies that Texas currently has 400,000 active cases. That is a total number starting as far back as March. Most of those people have either died or recovered.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BuzzFeed - 🏆 730. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: WSJ - 🏆 98. / 63 Read more »