Month: September 2020

A view of Mickey Mouse at the Walt Disney World theme park entrance on July 9, 2020 in Lake Buena Vista, Florida. Octavio Jones | Getty Images (This story is only for CNBC Pro subscribers) With several Covid-19 vaccines in Phase 3 trials and preliminary data due as soon as later this month, Goldman Sachs is preparing its clients for a rebound in certain stocks and recommending tweaks to client portfolios. It grouped a list of several U.S. equities into four buckets. The first bucket includes stocks that have sold off in 2020 but should bounce back as people "'return to normal.'" The second bucket is comprised of equities that appear to have gained a competitive advantage but need their markets to reopen to capitalize. The third are those that should bounce ...

Michigan reported 838 new cases of coronavirus Saturday, Sept. 5, down from 982 the previous day. Statewide, there have now been 106,215 confirmed COVID-19 cases, 6,534 resulting in death. Saturday marked eight new deaths, three of which were identified during a Vital Records review. In other coronavirus news, Gov. Gretchen Whitmer on Saturday signed two executive orders that will continue the protection of frontline workers including grocery, pharmacy and long-term care facility employees. Here’s the latest on the coronavirus pandemic in Michigan going into Sunday, Sept. 6. Whitmer extends executive order continuing protection of frontline workers during coronavirus pandemic Executive Order 2020-179 requires stores to provide two hours a week of reserved shopping time for vulnerab...

Over the past few weeks, a Harvard scientist has made headlines for a bold idea to curb the spread of the coronavirus: rolling out so-called antigen tests, a decades-old underdog in testing technology, to tens of millions of Americans for near-daily, at-home use. These tests aren’t very good at picking up low-level infections. But they’re cheap, convenient and fast, returning results in minutes. Real-time information, argued Dr. Michael Mina, would be a lot better than the long delays clogging the testing pipeline. The fast-and-frequent approach to testing has captured the attention of scientists and journalists around the world, as well as top officials at the Department of Health and Human Services. Deployed often enough and widely enough, speedy tests could “really squash the virus,” ...

Nassau officials reported a spike in COVID-19 cases since the start of the fall semester. According to County Executive Laura Curran, of the 6,600 people tested on Friday, 107 came back positive. One-third of those infections are college-age people. Curran says over the last seven days, 111 Nassau residents who are students at universities outside the county have tested positive for COVID-19. Ken Vicino, the father of a SUNY Oneonta student who was sent home to Hicksville after the college closed its campus, says his daughter just tested positive for COVID-19. "They only quarantined the kids for three days, they didn't test them upon releasing them, they just released them and now there's a major outbreak," Vicino says. SUNY Oneonta suddenly shut down earlier this week due to a ...

By Travis Fain, WRAL statehouse reporter Raleigh, N.C. — Gov. Roy Cooper is candidate Roy Cooper again, running for re-election after a four-year term marked by power struggles with the General Assembly's Republican majority. Early in his term, the state repealed House Bill 2, the notorious law that restricted transgender access to public bathrooms and blocked local nondiscrimination ordinances. He also signed a transportation bond into law, as he promised on the campaign trail. But some campaign promises simply fell by the wayside. Others broke on the rocks of the legislature's GOP majority as Cooper went back and forth with lawmakers who had moved to limit his power before he even took office. Medicaid expansion nev...