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New York to investigate potential coronavirus cluster from graduation after Florida traveler tests positive
Business & Finance

New York to investigate potential coronavirus cluster from graduation after Florida traveler tests positive

New York Gov. Andrew Cuomo conducts a news conference on the COVID-19 pandemic at the National Press Club in Washington D.C., after a meeting with President Trump at the White House on Wednesday, May 27, 2020.Tom Williams | CQ-Roll Call | Getty ImagesNew York Gov. Andrew Cuomo announced on Saturday that the state's department of health will investigate a high school graduation ceremony after a student who recently traveled to Florida tested positive for Covid-19, according to a press release. Four people who were in contact with the student have tested positive for the coronavirus since the drive-in ceremony was held on June 20 in Westchester county, just north of New York City, according to the release.All of the individuals who have tested positive are now self isolating and anyone ass...
Florida reports second consecutive day of record-breaking coronavirus cases
Business & Finance

Florida reports second consecutive day of record-breaking coronavirus cases

Diane, a nurse from Houston, Texas, sunbathes at the beach next to her husband, both wearing facemasks, in Miami Beach, Florida on June 16, 2020.Eva Marie Uzcategui | AFP via Getty ImagesFlorida reported 9,636 new coronavirus cases on Saturday, marking another record breaking day as cases continue to surge in the state, according to figures released by the Florida Department of Health.The spike comes a day after the state set of record of 8,942 cases on Friday. The coronavirus has now infected more than 130,000 people in Florida and killed at least 3,390. There were 76,129 tests conducted on Friday with a 12.7% positivity rate, according to the health department.Cases have been rising by the thousands in Florida in recent days, along with a surge in many other states, particularly in the...
U.S. coronavirus cases surge by more than 45,000 as states roll back reopenings
Business & Finance

U.S. coronavirus cases surge by more than 45,000 as states roll back reopenings

The U.S. reported more than 45,000 cases of coronavirus on Friday, a record breaking increase, as some of the hardest-hit states begin to pause or roll back their reopening plans, according to Johns Hopkins University data. There were 45,255 additional Covid-19 cases reported across the nation on Friday, bringing the total to more than 2.46 million cases, according to Johns Hopkins data. As of Friday, the U.S.' seven-day average of new cases increased more than 41% compared with a week ago. Cases are growing by 5% or more based on a seven-day average in 34 states across the U.S., including Arizona, Texas, California, Florida and Nevada. "There are more cases. There are more hospitalizations in some of those places and soon you'll be seeing more deaths," White House health advisor Dr. Ant...
Coronavirus takes emotional toll, health workers suffer PTSD
Business & Finance

Coronavirus takes emotional toll, health workers suffer PTSD

A nurse evaluates a patient that had just been admitted to the emergency room at Regional Medical Center on May 21, 2020 in San Jose, California. Frontline workers are continuing to care for coronavirus COVID-19 patients throughout the San Francisco Bay Area.Justin Sullivan | Getty ImagesDETROIT – Critical care nurse Kelsey Ryan wakes up choking at night, reliving the trauma of treating — and losing — patients to Covid-19 during the height of Michigan's pandemic in the early spring. In her dreams, she's laying in a hospital bed, unable to breath as her colleagues at Beaumont Health in metro Detroit force a ventilator tube down her throat."I still have nightmares every night. My managers and best friend at work putting a tube down my throat while I'm crying and begging them not to. Just l...
How Covid-19 has made the student loan crisis even worse
Business & Finance

How Covid-19 has made the student loan crisis even worse

Sam SeagravesSource: Sam SeagravesAlmost all of the money Sam Seagraves used to make as an actor in Portland, Oregon, went toward her monthly student loan bill of $1,083. Then the coronavirus pandemic hit.With many production companies postponing or cancelling operations, Seagraves hasn't been hired for a role since March. The CARES Act granted people with federal student loans a break from their payments until the end of September, but Seagraves has had to dig into her small savings to continue paying her monthly private student loan bill of $700.  "I have enough saved to pay the private student loans through August; I'm not entirely sure how I'm going to pay them after that," Seagraves, 30, said. She owes around $75,000 nearly a decade after graduating from the University of Miami with...
Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults
Business & Finance

Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults

Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans.Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks including JPMorgan Chase, Citigroup, Bank of America, Barclays and Capital One, according to people with knowledge of the matter at each firm.American Express took the most drastic step, dropping the product altogether, according to a company spokesperson."We are not currently offering balance transfers across all our card products," American Express said in a statement. "From time to time, we make adjustments to our offerings to ensure we're managing ris...
Supreme Court rejects universal vote-by-mail in Texas
Business & Finance

Supreme Court rejects universal vote-by-mail in Texas

A man bikes past the U.S. Supreme Court building in Washington, June 25, 2020.Al Drago | ReutersThe Supreme Court on Friday rejected an effort by Texas Democrats to allow all voters in the state to vote by mail during its July runoff elections and the November presidential contest as a precaution against the spreading coronavirus pandemic.  The decision was announced in an order with no noted dissents.The Texas Democratic Party had asked the court to expand the state's vote-by-mail procedures to allow voters "to exercise that fundamental right in the midst of a global pandemic which grows worse by the day in Texas, without risk to their health and—without hyperbole—to their lives."Texas Gov. Greg Abbott, a Republican, asked the Supreme Court to reject the Democrats' request. "There is no...
Take action on posts calling for ‘violence’
Business & Finance

Take action on posts calling for ‘violence’

Acting U.S. Secretary of Homeland Security Chad Wolf speaks during a cabinet meeting in the East Room of the White House on May 19, 2020 in Washington, DC.Alex Wong | Getty ImagesThe Department of Homeland Security is calling on tech companies to take "appropriate action" on posts that encourage others to break mandated curfews, loot stores or coordinate violence amid nationwide protests demanding police reform and racial justice.In a letter to top executives of Facebook, Twitter, Snap, Google parent Alphabet and Apple, DHS Acting Secretary Chad Wolf wrote: "In light of the violence, looting, and vandalism that marred many of the protests throughout the country, and in light of the role social media may have played in organizing this unlawful conduct, I am asking you to help keep America...
Delta, pilots reach agreement for early retirements as business continues to suffer
Business & Finance

Delta, pilots reach agreement for early retirements as business continues to suffer

Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020.Elijah Nouvelage | ReutersDelta Air Lines is planning to send notices to warn more than 2,500 pilots next week about potential furloughs, according to a company memo sent Friday that was seen by CNBC.The carrier and the labor union that represent the carrier's more than 14,000 pilots has reached an agreement for an early retirement option, a step toward reducing headcount as the coronavirus continues to ravage air travel demand."As we've communicated previously, early retirements alone likely won't be enough to avoid pilot furloughs altogether," said the memo from ...
Coca-Cola pauses advertising on all social media platforms globally
Business & Finance

Coca-Cola pauses advertising on all social media platforms globally

Coca-Cola on Friday announced it will be pausing paid advertising on all social media platforms globally for at least 30 days.The company clarified it was not joining the official boycott, but said "we are pausing" advertising.In the week since a group of organizations have called on Facebook advertisers to pause their ad spending during the month of July, more than 90 marketers including Verizon, Patagonia, REI, Lending Club and The North Face have announced their intention to join, according to a running list from Sleeping Giants. The group of organizations includes the Anti-Defamation League, the NAACP, Sleeping Giants, Color of Change, Free Press and Common Sense."There is no place for racism in the world and there is no place for racism on social media," Coca-Cola CEO and Chairman, ...