COVID-19

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This Man Is About to Get Even Poorer
This Man Is About
to Get Even Poorer
new study

This Man Is About to Get Even Poorer

King's College London warns the world of coming crisis

(Newser) - Global poverty is set to rise above 1 billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world's poorest by $500 million a day, according to new research published Friday. The research by King's College London and the Australian...

Mnuchin Gives His Take on Closing the Economy Again

The treasury secretary gave his take as Wall Street shuddered over the coronavirus

(Newser) - Treasury Secretary Steven Mnuchin says re-closing the US economy is not an option. "We can't shut down the economy again. I think we've learned that if you shut down the economy, you're going to create more damage," he told CNBC 's Jim Cramer on...

COVID Cases Rising in Nearly Half the States

AP analysis sees a troubling trend

(Newser) - One reason the stock market is having such a miserable day is because investors are worried that the coronavirus is making a comeback. An AP analysis lends some weight to those fears, concluding that cases are rising in nearly half the states. In Arizona, hospitals have been told to prepare...

Dow Plunges at Open on &#39;Second Wave&#39; Worries
Dow Plunge Worsens
on 'Second Wave' Worries
UPDATED

Dow Plunge Worsens on 'Second Wave' Worries

Index sinks more than 1,500 points

(Newser) - The market's optimism that the worst of COVID-19 is behind us seems to be vanishing quickly. The Dow on Thursday plunged 900 points at the open, and things have only gotten worse. The index was down more than 1,500 points, or 5.5%, shortly before 1pm Eastern. The...

At State Hearing on Racism, an Allegedly Racist Remark

Ohio Sen. Steve Huffman asked if 'colored' people were doing a good job at hand-washing

(Newser) - An Ohio state senator is accused of showcasing systemic racism in a hearing to determine whether racism should be declared a public health crisis. State GOP Sen. Steve Huffman, an emergency room doctor on the Senate Health Committee, was questioning Ohio Commission on Minority Health chief Angela Dawson on Tuesday...

Starbucks Makes Big Move Toward a New 'Vision'

Company to close 400 stores to focus on takeout-only locations

(Newser) - Starbucks is shifting away from its famous cafe experience in a change only partly inspired by the coronavirus pandemic. The coffee company tells CNN that it was reevaluating its coffee-selling model before the pandemic, as about 80% of transactions at its 15,000 US stores are "on-the-go" purchases. As...

Her Lungs Were Among Worst He'd Seen. Now, a 2nd Chance

Double lung transplant saves young COVID-19 patient's life in Chicago

(Newser) - A 20-something woman whose lungs were devastated by the coronavirus has undergone the first known US lung transplant related to COVID-19—a double transplant, at that. It was her one shot at survival, reports the New York Times . The procedure carried out at Northwestern Memorial Hospital in Chicago last week...

With Jobless Numbers, 'Recovery Appears to Be Underway'

But debate continues between GOP, Dems on whether to extend unemployment stimulus relief

(Newser) - America has started its economic recovery process, reopening businesses in phases across the nation, and the labor market numbers are beginning to reflect that. Per a Thursday release from the Department of Labor, the number of people drawing unemployment benefits for the week ending May 30 fell to 20.9...

US Passes Grim Coronavirus Milestone

Number of infections is now more than 2M

(Newser) - The US has passed yet another grim milestone in the pandemic. The number of confirmed COVID-19 cases in the US hit the 2 million mark Wednesday night, with almost 113,000 deaths, according to the Johns Hopkins University tracker . Dr. Ashish Jha, director of the Harvard Global Health Institute, tells...

CrossFit CEO Is Out After 'FLOYD-19' Uproar

Greg Glassman resigns

(Newser) - Greg Glassman is no longer the CEO of CrossFit after his flippant comment regarding the anti-racism protests sweeping the nation sparked outrage. "On Saturday I created a rift in the CrossFit community and unintentionally hurt many of its members," he said in a statement announcing his resignation and...

Nearly All of AMC&#39;s Theaters Will Be Open by Mid-July
Big News for Movie Lovers

Big News for Movie Lovers

Most theaters expected to reopen by mid-July, including up to 98% of AMC theaters

(Newser) - After three months of near total blackout of cinemas nationwide, movie theaters are preparing to reopen—even if it means only a few titles on the marquee and showings limited to as little as 25% capacity. AMC Theaters, the world's largest theater operator, said Tuesday that it expects to...

DC National Guardsmen Test Positive for COVID-19

They won't be released from orders until risk of infection has passed, military says

(Newser) - Multiple District of Columbia National Guard members mobilized during the George Floyd protests have tested positive for the coronavirus—although the Guard has declined to say how many, citing "operational security." "We can confirm that we have had COVID-19 positive tests with the DCNG," says Guard...

WHO Injects New Controversy Into 'Asymptomatic' Debate

Official suggests it's 'very rare' for disease to spread this way, later walks it back

(Newser) - It would be a big deal if true: An official with the World Health Organization suggested Monday that so-called silent spreaders aren't as common as thought when it comes to COVID-19. "From the data we have, it still seems to be rare that an asymptomatic person actually transmits...

Dunkin' Offers Bright Spot in Job Market

Chain will be hiring as many as 25K workers

(Newser) - The job market has been pretty dismal of late , but amid signs of recovery , CBS News reports one chain plans to hire as many as 25,000 workers. Dunkin', which has kept 90% of its locations open (with modifications) amid the COVID-19 pandemic, plans to hire that many counter workers...

NYC Begins to Reopen. Now, a 'Toxic Trifecta'

The triple whammy of virus, unemployment, and systemic racism pose a new challenge for city

(Newser) - The city that never sleeps is getting back to work. New York City has been in near-total lockdown for almost three months amid the coronavirus pandemic, but it's finally reached a "turning point," entering the first phase of reopening Monday, CNBC reports. Nonessential businesses in retail, manufacturing,...

Staying at Home May Have Kept Virus at Bay for 60M Americans

In China, that number is estimated at 285M, per new research

(Newser) - It's been a frustrating time for millions around the world during stay-at-home orders as a result of COVID-19. But a new study suggests this wasn't all for naught, offering "fresh evidence that aggressive and unprecedented shutdowns ... were necessary to halt the exponential spread" of the virus, despite...

CrossFit CEO Tweets 2 Words, Loses Big Partnership

'It's FLOYD-19,' Greg Glassman says in response to tweet about racism

(Newser) - The tweet was short; the uproar it has sparked is massive. In response to a tweet from the Institute for Health Metrics and Evaluation saying that "racism and discrimination are critical public health issues that demand an urgent response," CrossFit CEO Greg Glassman replied with just two words:...

$2M Candy Order Turns Bitter for Top Official

Madagascar's education minister is even out of a job

(Newser) - Which idea will get your country's education minister fired? A) Giving school children an untested coronavirus remedy. B) Planning to order more than $2 million in candies to cover the remedy's "bitter" taste. If you guessed B, you know why Madagascar's education minister, Rijasoa Andriamanana, is...

Retail Workers Face 'Abuse and Violence'

Samantha Clarke was sucker-punched in Modesto, Calif.

(Newser) - For weeks Samantha Clarke calmly listened to the insults and threats directed daily at her and her employees by people who learned they couldn't enter the Modesto, California, store without wearing a mask and following other coronavirus-related rules. But never, says the 17-year veteran of retail sales, did she...

In Italy, Far Too Few Have Tracing App

Immuni can't be effective if only 2 million people have it

(Newser) - The Italian government’s point person on combating the COVID-19 pandemic says so far not enough Italians have downloaded an app to help health authorities trace contacts with persons testing positive for the virus. Domenico Arcuri said in an interview with Italian state TV on Sunday that 2 million people...

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