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Reuters | Equities.com |

The World Health Organization reported a record one-day increase in global coronavirus cases on Sunday, with the total rising by 307,930 in 24 hours.

The biggest increases were from India, the United States and Brazil, according to the agency’s website. Deaths rose by 5,537 to a total of 917,417.

India reported 94,372 new cases, followed by the United States with 45,523 new infections and Brazil with 43,718.

Both the Unite...


Reuters | Equities.com |

AstraZeneca has resumed British clinical trials of its COVID-19 vaccine, one of the most advanced in development, after getting the green light from safety watchdogs, the company said on Saturday.

The late-stage trials of the experimental vaccine, developed with researchers from the University of Oxford, were suspended this week after an illness in a study subject in Britain, casting doubts on an early rollout.

“On 6 Septemb...


Reuters | Equities.com |

Top government infectious disease expert Dr. Anthony Fauci said on Friday he disagreed with President Donald Trump’s assessment the United States has “rounded the corner” on the coronavirus pandemic, saying the statistics are disturbing.

Fauci, the director of the National Institutes of Allergy and Infectious Diseases, said the United States was starting the flu season with a high baseline of around 40,000 new cases a day and deaths are averaging around ...


Reuters | Equities.com |

U.S. deaths from the coronavirus will reach 410,000 by the end of the year, more than double the current death toll, and deaths could soar to 3,000 per day in December, the University of Washington’s health institute forecast on Friday.

Deaths could be reduced by 30% if more Americans wore face masks as epidemiologists have advised, but mask-wearing is declining, the university’s Institute for Health Metrics and Evaluation said.

T...


AP News | Equities.com |

A letter from federal health officials instructing states to be ready to begin distributing a vaccine by Nov. 1 — two days before the election — has met, not with exhilaration, but with suspicion among public health experts, who wonder whether the Trump administration is hyping the possibility or intends to rush approval for political gain.

The skepticism comes amid growing questions about the scientific credibility of the Food and Drug Administration and the Centers for Disease Control and Prevention, and their vulnerability to political pressure from President Donald Trump.


AP News | Equities.com |

North Dakota set a near record Thursday for the number of daily positive coronavirus tests, and has increased its per-capita figures for the infection to the highest in the country.

The state Health Department’s update showed that 360 of the 12,629 tests in the past day came back positive, with Cass, Grand Forks, and Stark counties each reporting 60 or more positive cases. Of the 32 counties with positive tests, Grand Forks County led the way with 79.

...


AP News | Equities.com |

The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months.

The S&P 500 rose 1.5%, it’s best day since July 6. The benchmark index and the Nasdaq composite each hit new highs, extending Wall Street’s milestone-setting run in recent weeks.

Health care, technology and communications companies drove the rally. Technology stocks, which have led the market’s rebound this year, briefly stumbled in the early going, but gained strength into the afternoon. Energy companies fell as oil prices closed lower. Treasury yields were mixed.


AP News | Equities.com |

Millions of Americans are counting on a COVID-19 vaccine to curb the global pandemic and return life to normal.

While one or more options could be available toward the end of this year or early next, the path to delivering vaccines to 330 million people remains unclear for the local health officials expected to carry out the work.

“We haven’t gotten a lot of information about how this is going to roll out,” said Dr. Umair Shah, executive direct...


AP News | Equities.com |

Hong Kong began a voluntary mass-testing program for coronavirus Tuesday as part of a strategy to break the chain of transmission in the city’s third outbreak of the disease.

The virus-testing program has become a flash point of political debate in Hong Kong, with many distrustful over resources and staff being provided by the China’s central government and fears that the residents’ DNA could be collected during the exercise.


Reuters | Equities.com |

Philips said the U.S. Department of Health had canceled most of an order for 43,000 ventilators, leading the Dutch medical equipment maker to cut its 2020 earnings outlook.

The termination follows a July report by the U.S. Congress House Subcommittee on Economic and Consumer Policy that found the White House had overpaid Philips by at least $500 million. Philips denied any profiteering on ventilators.

Philips was one of several firms contracted by th...