A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, May 18, 2020. Brian Snyder | Reuters Moderna will begin its late-stage trial testing a potential vaccine to prevent Covid-19 on July 27, according to a posting published Tuesday on ClinicalTrials.gov.  The trial will
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Microsoft founder Bill Gates on Saturday said that Covid-19 medication and future vaccines should be distributed to people who need them the most and not to “the highest bidder.”  “If we just let drugs and vaccines go to the highest bidder, instead of to the people and the places where they are most needed, we’ll
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One room at a temporary hospital is viewed at the Georgia World Congress Center, Thursday, April 16, 2020, in Atlanta. Georgia. Ron Harris | Pool | AP Georgia is planning to reopen a field hospital at Atlanta’s Georgia World Congress Center as the state struggles with increasing hospitalizations and record-breaking new Covid-19 cases, according to
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Gilead Sciences announced new findings Friday that its antiviral drug remdesivir reduced the risk of death for severely sick coronavirus patients by 62% compared with standard care alone. The company said its analysis also found that remdesivir treatment was associated with “significantly improved clinical recovery.” The findings are being presented at the Virtual Covid-19 Conference as part of
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World Health Organization Director-General Tedros Adhanom Ghebreyesus speaks during a press conference following an emergency talks over the new SARS-like virus spreading in China and other nations in Geneva on January 22, 2020. Pierre Albouy | AFP | Getty Images More than six months after the coronavirus emerged in Wuhan, China, the “once-in-a-century pandemic” continues
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New York City public schools, the nation’s largest school system, won’t fully reopen this fall as the city tries to keep the coronavirus epidemic under control, Mayor Bill de Blasio said Wednesday. The district, which has 1.1 million students, will use a combination of in-person class and remote learning, he said. The “vast majority” of students
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President of Brazil Jair Bolsonaro speaks during the sworn in ceremony for newly appointed Minister of Communications Fábio Faria amidst the coronavirus (COVID-19) pandemic at the Planalto Palace on June 17 2020 in Brasilia. Andressa Anholete | Getty Images Brazilian President Jair Bolsonaro tested positive for the coronavirus Tuesday, shortly after the presidential palace said
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A member of the medical staff treats a patient in the COVID-19 intensive care unit at the United Memorial Medical Center on July 2, 2020 in Houston, Texas. COVID-19 cases and hospitalizations have spiked since Texas reopened, pushing intensive-care wards to full capacity and sparking concerns about a surge in fatalities as the virus spreads.
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People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health. 
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Donald Trump Jr. looks on as Kimberly Guilfoyle speaks during a ‘Make America Great Again’ campaign rally at Williamsport Regional Airport, May 20, 2019 in Montoursville, Pennsylvania. Drew Angerer | Getty Images Kimberly Guilfoyle, a senior Trump campaign official and Donald Trump Jr.’s girlfriend, tested positive for coronavirus while in South Dakota on Friday, according
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California, Michigan and New York City became the latest areas on Wednesday to pause some aspects of their reopening efforts as new cases spike across the country. Amid the surge, President Donald Trump said he’s “all for masks,” but he doesn’t think the U.S. needs a national mandate for people to wear them during the pandemic. This is
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Pfizer shares jumped by nearly 7% in premarket trading Wednesday after it released positive results from its closely watched early-stage human trial on a coronavirus vaccine.  The trial evaluated 45 people. Each participant received 10, 30 or 100 microgram doses of the vaccine or a placebo.  The company coronavirus vaccine produced neutralizing antibodies, which researchers say is important for
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New cases of the coronavirus continued to surge over the weekend across several U.S. states, mostly in the American South and West. Amid the rise in new cases, Health and Human Services Secretary Alex Azar warned Sunday that the “window is closing” to curb the spread of the virus and get the outbreak under control. This is CNBC’s
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The U.S. reported more new coronavirus cases on Wednesday than on any single day before, according to a tally by NBC News, as the virus spreads to new communities and sparks outbreaks mostly across the American South and West. Almost half of all new cases came from Florida, Texas and California, where the outbreaks appear to
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The coronavirus continues to surge in a number of states across the country, mostly the American South and West. Testifying before members of Congress on Tuesday, White House health adviser Dr. Anthony Fauci said that parts of the U.S. are beginning to see a “disturbing surge” and described the overall situation in the U.S. as a
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Sen. Lamar Alexander told CNBC on Tuesday the federal government should provide additional funding to schools and colleges to help them reopen for in-person class this fall.  “The surest step back to normalcy in our country is when 70 [million], 75 million college and high school and elementary school students go back to school,” the
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As cases continue to surge throughout the American South and West, some state officials are rethinking how to reopen. Arizona Gov. Doug Ducey on Wednesday reversed his stance against mandating mask wearing and allowed local officials to set their own regulations. Oregon Gov. Kate Brown announced Wednesday that most of the population will have to
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The coronavirus outbreak continues to expand in some states across the U.S., with Arizona on Tuesday reporting a record high number of new confirmed cases and Texas reporting a record number of people in the hospital with Covid-19. Some state and federal officials, including Vice President Mike Pence continue to downplay the outbreak, calling it
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