News

COVID-19

Kimberly Redmond | Equities.com |

White House chief medical advisor Dr. Anthony Fauci said that he expects US regulators to make a decision on lifting the pause on Johnson & Johnson's (NYSE: JNJ) COVID-19 vaccine this coming Friday when an expert advisory panel of the US Centers for Disease Control and Prevention (CDC) meets.

Fauci said on CNN's "State of the Union" program on Sunday that he expects the experts to recommend “some sort of either warning or restriction” on the use of J&J's vaccine after their analysis of the data is completed.


AP News | Equities.com |

China’s economy grew by double digits in the latest quarter but an explosive rebound from the coronavirus pandemic is slowing abruptly as manufacturing and consumer spending return to normal.

The economy grew by 18.3% over a year ago, official data showed Friday, a figure that was magnified by comparison with early 2020, when factories and shops were closed and activity plunged. Growth compared with 2020’s final quarter, when a recovery was under way, slowed to 0.6%, among the weakest of the past decade.


Kimberly Redmond | Equities.com |

Leaving middle seats vacant on airplanes may significantly reduce a passenger’s risk of exposure to COVID-19, according to a new study published by the US Centers for Disease Control and Prevention.

According to the report released Wednesday, exposure to SARS-CoV-2 was reduced by 23% to 57% in scenarios in which the middle seat was empty in comparison with full aircraft occupancy.


AP News | Equities.com |

The U.S. on Tuesday recommended a “pause” in use of the single-dose Johnson & Johnson COVID-19 vaccine to investigate reports of rare but potentially dangerous blood clots, setting off a chain reaction worldwide and dealing a setback to the global vaccination campaign.

The Centers for Disease Control and Prevention and the Food and Drug Administration announced that they were looking into unusual clots in six women between the ages of 18 and 48. One person died.


Kimberly Redmond | Equities.com |

A health advisor to Japan’s Olympic committee said athletes representing the country at the Tokyo Games in July should have the option of getting COVID-19 vaccines before they compete.

On Tuesday, Nobuhiko Okabe, a member of the government’s coronavirus panel, said that although vaccines should not be required, they should be made available to athletes who want them.


Reuters | Equities.com |

The United States reported an 8% rise in new cases of COVID-19 to 490,000 last week, the fourth week in a row that infections have increased, according to a Reuters analysis of state and county data.

In the week ended April 11, Michigan reported the highest number of new cases per capita of all 50 states and also led the country in hospitalizations per capita. (Open here in an external browser to see details on other states.)


Reuters | Equities.com |

Doctors in the Canadian province of Ontario may soon have to decide who can and cannot receive treatment in intensive care as the number of coronavirus infections sets records and patients are packed into hospitals still stretched from a December wave.

Canada’s most populous province is canceling elective surgeries, admitting adults to a major children’s hospital and preparing field hospitals after the number of COVID-19 patients in ICUs jumped 31% to 612 in the week leading up to Sunday, according to data from the Ontario Hospital Association.


Reuters | Equities.com |

The U.S. government posted a March budget deficit of $660 billion, a record high for the month, as direct payments to Americans under President Joe Biden’s stimulus package were distributed, the Treasury Department said on Monday.

The deficit for the first six months of the 2021 fiscal year ballooned to a record $1.706 trillion, compared to a $743 billion deficit for the comparable year-earlier period.


Reuters | Equities.com |

Uber Technologies Inc, PayPal Holdings Inc and Walgreens Inc on Monday said they launched an $11 million fund to provide free ride-hail trips to U.S. COVID-19 vaccination sites for people who lack access to transportation.

The Vaccine Access Fund will be managed by U.S. non-profit Local Initiatives Support Corporation, which will identify communities that need free rides as well as local partners to help with the program, the companies added.


AP News | Equities.com |

Duke University will require all new and returning students to present proof of vaccination to student health officials before they can enroll for the fall semester, the school’s president said Friday.

A statement from Duke President Vincent Price says the policy will cover all undergraduate, graduate, and professional students in all degree programs who intend to be on the Duke campus for any period of time starting with the fall semester.