Business

Dr. Anthony Fauci says he hasn’t thought about resigning despite White House criticism

National Institute of Allergy and Infectious Diseases Director Anthony Fauci attends the daily coronavirus briefing in the Brady Press Briefing Room at the White House on April 09, 2020 in Washington, DC. U.S. unemployment claims have approached 17 million over the past three weeks amid the COVID-19 pandemic. Alex Wong | Getty ImagesWhite House coronavirus advisor Dr. Anthony Fauci said he hasn't thought about resigning despite criticism in recent days from President Donald Trump and other administration officials about his response to the coronavirus pandemic.  Fauci, director of the National Institute of Allergy and Infectious Disease, said he told the White House he found it "bizarre" and thought the administration made a "big mistake," but his job is too critical to quit now, acco...

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Fauci says White House’s ‘bizarre’ efforts to discredit him hurt Trump, adds Peter Navarro is ‘in a world by himself’

Director of Trade and Manufacturing Policy Peter Navarro speaks to members of the press outside the West Wing of the White House June 18, 2020 in Washington, DC. Alex Wong | Getty ImagesDr. Anthony Fauci said that he has not considered resigning from his lead role in the fight against the coronavirus pandemic, and said the "bizarre" recent efforts from White House officials to discredit him ultimately harm President Donald Trump. "I cannot figure out in my wildest dreams why they would want to do that," Fauci said in an interview with The Atlantic published Wednesday. Fauci was responding to a list shared over the weekend by a White House official that resembled an opposition research-type document used in political campaigns, highlighting Fauci's past comments about the virus. "I th...

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U.S. reports record 67,400 single-day spike of new coronavirus cases

Emergency Medical Technicians (EMT) lift a patient that was identified to have coronavirus disease (COVID-19) into an ambulance while wearing protective gear, as the outbreak of coronavirus disease (COVID-19) continues, in New York City, New York, U.S., March 26, 2020. Stefan Jeremiah | ReutersThe United States reported 67,417 new cases of the coronavirus on Tuesday, setting yet another fresh record for new cases reported in a single day, according to data collected by Johns Hopkins University.  Cases in the U.S. keep climbing, averaging about 62,210 new cases per day over the past seven days — more than triple the number just a month ago and up more than 21% compared with the seven-day average a week ago, according to a CNBC analysis of the data from Hopkins.  Texas, California and ...

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Hospitals look to resume normal operations, but patients still fear seeking care

The coronavirus pandemic has led to major disruption to routine hospital services globally as medical professionals focused on treating those infected and conserving resources.  As a result, patients have delayed or canceled scheduled health care visits and surgeries.  Now, in several parts of the world where the outbreak is under apparent control, there is an opportunity to resume normal health care operations. While analysts are optimistic about elective procedures returning, patients are concerned about seeking care. In a survey of more than 1,300 patients at Vanderbilt University Medical Center, patients said their biggest fear in returning to routine health care is the risk of getting sick from other patients, according to a report published in the peer-reviewed New England Jour...

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Israel’s leader is starting to pay a ‘political price’ as virus cases surge, protests erupt

A protester waves an Israeli flag as police use water cannons during clashes at a demonstration against the Israeli prime minister outside his official residence in Jerusalem, on July 14, 2020. Menahem Kahana | AFP | Getty ImagesThe Israeli government made "very serious mistakes" after initially containing the coronavirus outbreak, and "tremendous damage" is being done to the economy, a political analyst told CNBC as cases in the country continue to climb rapidly. Just weeks after restrictions were mostly lifted in late May, new infections have led authorities to reimpose measures including closing gyms, clubs and event halls. Certain parts of the country were also designated as "restricted areas," where business activity will be limited. "It is hard not to conclude that (Prime Minis...

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Trump says U.S. would have half the number of coronavirus cases if it did half the testing

US President Donald Trump delivers a press conference in the Rose Garden of the White House in Washington, DC, on July 14, 2020. Jim Watson | AFP | Getty ImagesPresident Donald Trump insisted again Tuesday that the U.S. would have fewer coronavirus cases if it conducted less testing — even as outbreaks continue to surge across the nation and deaths begin to pick up pace.  "Think of this, if we didn't do testing, instead of testing over 40 million people, if we did half the testing we would have half the cases," Trump said at a press conference at the White House. "If we did another, you cut that in half, we would have, yet again, half of that. But the headlines are always testing."  Trump said that while coronavirus testing "is a good thing," it has also served as "fodder for the fa...

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Moderna says its coronavirus vaccine trial produced ‘robust’ immune response in all patients

The vaccine by Cambridge, Massachusetts-based Moderna Inc., generated antibodies similar to those seen in people who have recovered from COVID-19 in a study volunteers who were given either a low or medium dose. Ted S. Warren | APModerna's potential vaccine to prevent Covid-19 produced a "robust" immune response in all 45 patients in its early stage human trial, providing more promising data that the vaccine may give some protection against the coronavirus, according to newly released data published Tuesday evening in the peer-reviewed New England Journal of Medicine. All 45 patients produced neutralizing antibodies, which scientists believe are important for gaining protection against the virus. In the trial, each participant received a 25, 100 or 250 microgram dose, with 15 people i...

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CDC study recommends mask mandates to battle coronavirus after tracking infected stylists at Missouri hair salon

The Centers for Disease Control and Prevention said policymakers should consider requiring face coverings to reduce the spread of the coronavirus after studying two Missouri hair stylists who had Covid-19 but didn't pass it on to their clients, the agency said in a new study published Tuesday.  "With the potential for presymptomatic and asymptomatic transmission, widespread adoption of policies requiring face coverings in public settings should be considered to reduce the impact and magnitude of additional waves of COVID-19," the study published by the CDC says. Some governors, including California Gov. Gavin Newsom and Texas Gov. Greg Abbott, have issued requirements to wear face coverings in public or in certain environments when people are unable to practice social distancing. Howe...

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