Sir John Bell, a professor at Oxford University in the U.K., told CNBC on Wednesday he was confident that Covid-19 vaccines could be retooled to provide effective protection against future coronavirus mutations. Bell’s comments on “Closing Bell” come as global attention focuses on a strain of the virus widely circulating …
Read More »Peloton, Apple, IAC, CarMax and more
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — The exercise equipment stock …
Read More »‘This is already in the U.S.,’ says Dr. Gottlieb
Former FDA chief Dr. Scott Gottlieb warned that the highly contagious, new mutation of Covid-19 found in the United Kingdom “is already in the U.S.” as more than 40 countries ban travel to and from the U.K. for 48 hours or more. “I don’t think a travel ban, at this …
Read More »Covid vaccines likely to protect against new virus strain: Dr Gottlieb
Dr. Scott Gottlieb told CNBC on Monday that existing Covid-19 vaccines will likely provide protection against the new strain of the coronavirus circulating in the U.K. British Prime Minister Boris Johnson on Saturday implemented strict lockdowns in London and large parts of southern England in response to rising coronavirus infections. He said …
Read More »Dr. Scott Gottlieb expects shortages to last through next week
Dr. Scott Gottlieb told CNBC on Friday he expects a shortage of Covid-19 vaccine doses to continue past next week, even if the Food and Drug Administration issues emergency use authorization for Moderna’s vaccine. “I’ve talked to hospitals. They’re vaccinating far fewer health-care providers than what they could be because they …
Read More »U.S. declined Pfizer offer for more doses, says Scott Gottlieb
Dr. Scott Gottlieb, a member of Pfizer’s board, told CNBC on Tuesday the company’s offers to provide the U.S. additional doses of its coronavirus vaccine in 2021 was declined by the Trump administration. The government in July agreed to a deal with Pfizer and its German partner BioNTech for 100 million doses …
Read More »‘Shark Tank’s’ Kevin O’Leary blasts patchwork state Covid restrictions
Kevin O’Leary on Monday ripped the patchwork approach to coronavirus restrictions across the U.S., saying locale-by-locale variation puts a significant burden on business operators. Appearing on CNBC’s “Squawk Box,” the “Shark Tank” investor acknowledged there is a need for policies to curb spread of the Covid-19. “My question is very simple: Who …
Read More »Dr. Scott Gottlieb won’t eat indoors in a restaurant due to Covid risk
Dr. Scott Gottlieb told CNBC on Monday he has avoided indoor dining during the coronavirus pandemic over safety concerns. “On a personal level, I’ve gone to many big-box stores properly masked, and I wear a high-quality mask when I go out. I will not eat indoors in a restaurant,” Gottlieb said on …
Read More »CNBC’s Andrew Ross Sorkin, Rick Santelli debate over Covid lockdowns
“Squawk Box” co-host Andrew Ross Sorkin and CNBC bond maven Rick Santelli engaged in a heated on-air debate Friday over coronavirus restrictions, a back-and-forth that mirrored the ongoing divide among many Americans throughout the pandemic and the derisiveness of the presidential race. The intense disagreement over lockdowns between Sorkin and …
Read More »Jim Cramer says pent-up demand to define the next leg of the bull run
CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the very next leg of this just impossible-to-believe bull market,” the …
Read More »Dr. Scott Gottlieb sees Covid vaccine in ‘rationing’ mode into the spring
Dr. Scott Gottlieb told CNBC on Wednesday the availability of coronavirus vaccine doses is likely to be limited in the next few months should U.S. regulators grant emergency approval later this month. “We’re going to be in this sort of rationing type of environment for this vaccine probably well into the …
Read More »Norwegian extends suspension of most cruises through March
Workers near a cruise ship of the Norwegian Cruise Line which is in dry dock receiving hull maintenance and interior modernization work. Gerald Julien | AFP | Getty Images Norwegian Cruise Line Holdings announced Wednesday that it is again extending its suspension of sailing, this time through March, for most …
Read More »Moderna, IHS Markit, Nikola, Carnival & more
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing …
Read More »30% of U.S. may get Covid-19 by year-end
Dr. Scott Gottlieb told CNBC on Monday that nearly one-third of U.S. residents could ultimately have been infected by the coronavirus by the end of 2020. The significant level of prior infections is likely to have implications for transmission of the coronavirus in 2021, when there is the potential for Covid-19 vaccines …
Read More »CDC expected to shorten recommended time
The U.S. Centers for Disease Control and Prevention is considering shortening it’s recommended two-week quarantine period for people who have come in contact with people who have it — a change welcomed by some medical experts who say the relaxed guidelines would be easier for people to follow. Current CDC …
Read More »Cramer unveils list of ‘return to normalcy’ stocks on vaccine optimism
After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes …
Read More »U.S. reports record 187,833 new Covid cases as CDC warns against Thanksgiving travel
Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United States reported 187,833 new Covid-19 cases on Thursday, yet another …
Read More »Schools need to be ‘the last thing’ shut down
Schools should be the “last thing” shut down as governors and local officials around the U.S. weigh further public health restrictions in response to surging coronavirus cases, Dr. Scott Gottlieb told CNBC on Friday. “We should be trying to curtail whatever activities we know are sources of community spread long before we …
Read More »Dr. Scott Gottlieb urges Covid sacrifices and stimulus from Congress
Dr. Scott Gottlieb on Wednesday urged Americans to take steps to prevent coronavirus deaths, suggesting it could be the final time an aggressive pandemic response is needed in the U.S. The former FDA chief in the Trump administration also called on Washington to step in and provide more economic stimulus. “This may …
Read More »Vaccinating U.S. is a major effort
Dr. Carlos del Rio of Emory University, which is part of Moderna’s coronavirus vaccine trials, told CNBC on Monday the company’s preliminary efficacy data offers “enormous hope.” However, del Rio cautioned that it will take time for its promise to be realized due to the complexity of delivering the vaccine to …
Read More »Moderna Covid vaccine could help end pandemic
Dr. Scott Gottlieb told CNBC on Monday that the devastating coronavirus pandemic could “effectively” be ended next year, following promising developments around Moderna’s Covid-19 vaccine. The Massachusetts-based biotech company on Monday announced that its coronavirus vaccine was 94.5% effective in preventing Covid-19, based on preliminary data from its phase-three trial. The news …
Read More »Average Covid cases and hospitalizations rise in nearly every state across U.S.
Newly diagnosed coronavirus cases and hospitalizations continue to rise in nearly every state across the country as the U.S. reports fresh record one-day spikes in cases. Average daily new cases are up by at least 5% over the last week in at least 47 states and D.C. as of Wednesday, …
Read More »‘Find excuses’ to stay home during ‘one last’ Covid surge
Dr. Scott Gottlieb on Thursday urged Americans to take precautions in their daily life to cut down on coronavirus transmission, as the nation continues to experience a worrisome growth in new Covid-19 cases and hospitalizations. “We have to get through the next two or three months, and so this is going to …
Read More »Cruise bookings rise on coronavirus vaccine news, Norwegian Cruise Line CEO says
Frank Del Rio, CEO, Norwegian Cruise Line Scott Mlyn | CNBC Pfizer‘s encouraging vaccine news Monday gave some consumers enough comfort to book cruises, Norwegian Cruise Line CEO Frank Del Rio said Tuesday. Data from Pfizer’s late-stage vaccine trial news sent the U.S. stock markets soaring Monday, along with Norwegian …
Read More »Travel companies see it as ‘welcomed step’
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus. Jeff Greenberg | Universal Images Group | Getty Images Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health …
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