The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
Read More »Australian Prime Minister delays parliament as coronavirus spreads
MELBOURNE (Reuters) – Australian Prime Minister Scott Morrison delayed the opening of parliament for several weeks on Saturday as the new coronavirus continued to spread through the country’s two most populous states. Morrison asked the Speaker of Parliament to cancel a two-week session that will begin on August 4, out …
Read More »Pandemic becomes politically charged for Florida governor
TALLAHASSEE, Fla. – The coronavirus pandemic has become politically charged for Florida Governor Ron DeSantis, as evidenced by a slick two-minute video posted on social media this week that had the glow of a targeted political campaign ad to polish your image. In the past few weeks, the governor’s leadership …
Read More »COVID-19 antibody test passes first major tests in the UK with 98.6% accuracy – Telegraph
(Reuters) – British ministers are making plans to distribute millions of free tests for antibodies to the coronavirus after a UK government-backed version approved its first major tests, the Daily Telegraph newspaper reported on Friday. Fingerprint tests, which can indicate in 20 minutes whether a person has been exposed to …
Read More »For the first time, the world records one million cases of coronavirus in 100 hours: Reuters count
(Reuters) – Global coronavirus infections passed 14 million on Friday, according to a Reuters count, marking the first time there has been an increase of 1 million cases in less than 100 hours. Volunteer Cindy Trevino delivers bread and cakes to a resident, affected by the economic consequences of the …
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