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COVID-19

Reuters | Equities.com |

Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies to offer extra incentives.

Uber on Wednesday said it would invest an additional $250 million to boost driver earnings and offer payment guarantees in an effort to incentivize new and existing drivers.


Reuters | Equities.com |

Anthem Inc will give financial incentives to all associates who are fully vaccinated against COVID-19, the U.S. company said on Wednesday, making it the first health insurer to reward employees for getting inoculated.

After completing the vaccination, Anthem employees can either receive a one-time credit toward medical premiums or donate the credit to the Anthem Cares Fund, the company said.


Reuters | Equities.com |

Toronto will cancel all in-person learning at elementary and secondary schools as of Wednesday, health authorities said as Canada deals with a variant-driven third wave of the coronavirus pandemic, which has hit the younger population hard.

Canada’s largest school district, serving around 247,000 students, will move to remote learning until April 18, with the potential to extend based on case trend data. It follows a similar move by another school board in Ontario province on Monday.


AP News | Equities.com |

Nearly half of new coronavirus infections nationwide are in just five states — a situation that is putting pressure on the federal government to consider changing how it distributes vaccines by sending more doses to hot spots.

New York, Michigan, Florida, Pennsylvania and New Jersey together reported 44% of the nation’s new COVID-19 infections, or nearly 197,500 new cases, in the latest available seven-day period, according to state health agency data compiled by Johns Hopkins University. Total U.S. infections during the same week numbered more than 452,000.


AP News | Equities.com |

The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast.

The 190-country lending agency said Tuesday that it expects the world economy to expand 6% in 2021, up from the 5.5% it had forecast in January. It would be the fastest expansion for the global economy in IMF records dating back to 1980.


Reuters | Equities.com |

Norwegian Cruise Line Holdings Ltd said on Tuesday it would begin sailing outside the United States from the Caribbean and Greek Isles in July, restarting trips after a year-long hiatus brought on by the COVID-19 pandemic.

The company had appealed to federal health authorities on Monday to allow sailing from U.S. ports following the U.S. Centers for Disease Control and Prevention’s (CDC) latest guidance to the industry, including the need for COVID-19 vaccinations.


AP News | Equities.com |

The president of the Southern Baptist Convention, America’s largest evangelical denomination, posted a photo on Facebook last week of him getting the COVID-19 vaccine. It drew more than 1,100 comments — many of them voicing admiration for the Rev. J.D. Greear, and many others assailing him.

Some of the critics wondered if worshippers would now need “vaccine passports” to enter The Summit Church in Durham, North Carolina, where Greear is pastor. Others depicted the vaccines as satanic or unsafe, or suggested Greear was complicit in government propaganda.


Kimberly Redmond | Equities.com |

The White House is launching a $500,000 competition to find new and effective face masks that eliminate some of the biggest annoyances that come with daily wear, such as irritated skin and fogged eyeglasses.

Through April 21, Americans can submit their ideas on how to get rid of common concerns that come with wearing masks while making sure the coverings effectively protect against COVID-19 to the “Mask Innovation Challenge.”


Kimberly Redmond | Equities.com |

People who are fully vaccinated against COVID-19 can travel freely within the US, as long they remain masked on buses, planes and trains and practice social distancing, the Centers for Disease Control and Prevention (CDC) announced Friday.

In its latest guidance, the CDC said coronavirus tests are no longer required for fully vaccinated people before or after a domestic trip and there is no need for them to self-quarantine.


Kimberly Redmond | Equities.com |

United Airlines plans to hire about 300 pilots, a sign that the pandemic-ravaged industry is hopeful that a recent rebound in bookings will continue.

On Thursday, CNBC reported the Chicago-based airline told staff it will start hiring pilots, a process put on hold last year after the coronavirus outbreak caused travel demand to plummet to historic lows.