Month: April 2020

The torrent of major corporate earnings results continued Thursday, with McDonald’s, CNBC parent Comcast, Twitter, and Kraft Heinz among the many companies reporting before the opening bell on Wall Street. Sales and profits have taken a beating for most corporations in the first quarter of 2020 as the initial effects of the pandemic began to drastically
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Mannequin heads wear masks in the window of a small boutique advertising availability of masks, gloves, and other pandemic necessities amid the Coronavirus outbreak in Arlington, Virginia, on April 27, 2020. Oliveri Douliery | AFP | Getty Images Across the country, states have shut down businesses and ordered people to work from home if they
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A new observational study by a group of scientists explores the rise in the public’s fear-driven interest in unproven therapies for COVID-19, particularly chloroquine and hydroxychloroquine, by tracking the internet searches relating to the purchase of drugs in news reports or publicized by public figures. They conclude: “Stay grounded in evidence and fight misinformation.” The
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President Donald Trump said he wants the Food and Drug Administration to move “as quickly as they can” to approve Gilead Sciences’ antiviral drug remdesivir as a treatment for the coronavirus. “We would like to see very quick approvals, especially with things that work,” he said at a roundtable at the White House with business executives
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7:57 am: Boeing posts quarterly loss of $641 million Boeing reported a first-quarter loss of $641 million, as the company faces both coronavirus and the more than yearlong grounding of its best-selling plane, the 737 Max. The company is planning to reduce production of some aircraft, including the 787 Dreamliner. Boeing is facing a dismal market for new
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Monitors display a video showing facial recognition software in use at the headquarters of the artificial intelligence company Megvii, in Beijing, May 10, 2018. Beijing is putting billions of dollars behind facial recognition and other technologies to track and control its citizens.  Gilles Sabrié | The New York Times The world is facing its biggest
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Since the emergence of the coronavirus disease (COVID-19) in China in December 2019, health experts have cautioned that the disease is particularly serious in high-risk populations, including older adults, those with underlying diseases, and those who are immunocompromised. Now, doctors in the United Kingdom warn of a rare and severe inflammatory disease in children with
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Hospitals and healthcare systems worldwide are overwhelmed, with many facilities full of patients requiring emergency care for coronavirus disease (COVID-19) that is caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). COVID-19 disease causes severe respiratory illness in patients, with some needing mechanical ventilation. With the lack of ventilators available in hospitals, patients are
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In this pool image, Vice President Mike Pence Visits the Mayo Clinic Rochester Facilities, April 28, 2020. Pence is surrounded by 9 other people with masks including a patient. Press Pool Video Vice President Mike Pence on Tuesday toured the Mayo Clinic without wearing a mask despite that renowned medical facility telling him that masks
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Mylagic encephalomyelitis/chronic fatigue syndrome (ME/CFS) is a disabling and complex illness. Affected persons often cannot pursue ordinary activities — physical or mental — because of an incapacitating loss of energy and other symptoms, and may find themselves confined to bed or house-bound for years. Anyone can develop ME/CFS, though it most commonly afflicts people between
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A handful of biotech and pharmaceutical companies are kicking off earnings season this week, weaving Covid-19 updates into quarterly results tinged by the impact of a global pandemic. The virus continues to spread, with more than 3 million people worldwide now confirmed with the infection, as countries and U.S. states begin to ease lockdown restrictions. 
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With the world at a standstill as the novel coronavirus SARS-CoV-2 spreads across the globe, governments are struggling to slow down its wrath. Worldwide public health responses and emergency measures have been implemented to stem the impact of the coronavirus disease (COVID-19). There is a widespread focus on high-risk populations, including older people, those with
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3 million Global deaths: More than 210,800 Most cases reported: United States (987,022), Spain (229,422), Italy (199,414), France (165,962), and Germany (158,434).  The data above was compiled
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Reviewed by Emily Henderson, B.Sc.Apr 27 2020 Spaceflight changes much about the human body, including how the heart functions and how cells that create heart tissue behave. Scientists studying these changes on the International Space Station continue to report important discoveries. For the Cardiac Stem Cells investigation, researchers cultured human heart stem cells, or cardiovascular
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A new breakthrough in understanding the cause of rare childhood brain disorders has been made by researchers at the University of Sheffield. The discovery by academics from the University’s Neuroscience Institute and Bateson Centre has revealed that defective immune cells in the brain called microglia contribute to the development of leukodystrophies. Leukodystrophies are a group
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This sketch video about epigenetics was created by Armando Hasudungan, in collaboration with Professor Susan Clark and Dr Kate Patterson at the Garvan Institute of Medical Research. It has been created for a broad, non-expert audience to highlight key messages about the role epigenetics plays in biological processes like development and diseases such as cancer.
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 2.9 million Global deaths: At least 206,265 Most cases reported: United States (963,379), Spain (226,629), Italy (197,675), France (162,220), and Germany (157,495).  The data above was compiled
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