Updates

Fauci expresses ‘cautious optimism’ coronavirus outbreak is slowing, US could start reopening in May

White House health advisor Dr. Anthony Fauci on Sunday expressed “cautious optimism” that the deadly coronavirus outbreak is slowing down in the United States, and said that parts of the country may start to reopen as soon as May.

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U.S. agencies back revoking ability of China Telecom to operate in U.S.

The U.S. Justice Department and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s (0728.HK) authorization to provide international telecommunications services to and from the United States.

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‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

The first of the many avalanches has begun for China. The Shinzo Abe government of Japan has approved a  stimulus package worth whopping 108.2 trillion yen (US$993 billion) – equal to 20 percent of Japan’s economic output – to cushion the impact of the epidemic on the world’s third-largest economy.

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Pfizer’s lead coronavirus drug is showing promise, chief scientific officer says

Pfizer has identified a lead drug to treat the coronavirus, the company’s chief scientific officer, Dr. Mikael Dolsten, said Thursday. The possible antiviral, “if successful, would be given early in the disease process, when patients are admitted to the hospital,” Dolsten told CNBC’s Meg Tirrell.

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U.S. planning ways to ‘ease’ back to normal if virus efforts work: Fauci

U.S. health officials are planning ways for the country to return to normal activities if distancing and other steps to mitigate COVID-19 this month prove successful in curbing the outbreak, the top U.S. infectious disease official said on Wednesday.

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A potential coronavirus vaccine funded by Bill Gates is set to begin testing in people, with the first patient expected to get it today

A small Pennsylvania biotech company is planning to start injecting healthy volunteers with a potential coronavirus vaccine this week, after having received regulatory clearance to start clinical testing.

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America’s most influential coronavirus model just revised its estimates downward. But not every model agrees.

A leading forecasting model used by the White House to chart the coronavirus pandemic predicted Monday that the United States may need fewer hospital beds, ventilators and other equipment than previously projected and that some states may reach their peak of covid-19 deaths sooner than expected.

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Outbreak shows signs of leveling off in New York, New Jersey, but vigilance urged

The governors of New York, New Jersey and Louisiana pointed to tentative signs on Monday that the coronavirus outbreak may be starting to plateau in their states but warned against complacency as the death toll nationwide approached 11,000.

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Worried that $2 trillion law wasn’t enough, Trump and congressional leaders converge on need for new coronavirus economic package

Congressional leaders and the White House are converging on the need for a new assistance package to try to contain the coronavirus pandemic’s economic devastation, fearful that a $2 trillion bailout law enacted last month will have only a limited effect.

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New coronavirus cases in Italy fall to 25-day low, deaths rise by 604

Deaths from the COVID-19 epidemic in Italy rose by 604 on Tuesday, a lower daily tally than the 636 seen the day before, while the number of new cases posted the smallest increase since March 13.

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