Florida reports nearly 9,000 new infections, shattering record

A couple sit on the intracoastal waterway as sun-seekers return to the beach during a phased reopening from measures taken to slow the spread of coronavirus disease (COVID-19), in St. Pete Beach, Florida, U.S. May 4, 2020. Steve Nesius | REUTERS The Florida Department of Health reported 8,942 new cases of coronavirus on Friday, shattering […]

Nike CEO John Donahoe tells employees that layoffs are coming

People walk past a Nike store in New York. Carlo Allegri | Reuters On the same day that Nike announced dismal earnings, CEO John Donahoe sent an email to employees warning them that layoffs are coming.  “We will soon be forced to make some difficult choices that...

Coronavirus contact tracing is ‘not going well,’ Fauci says

There’s just a handful of interventions proven to curb the spread of the coronavirus. One of them is contact tracing and “it’s not going well,” White House health adviser Dr. Anthony Fauci said Friday.  Contact tracing occurs when trained...

Coronavirus vaccine will not be a cure-all, virologist warns

A vaccine for the new coronavirus will not be a “cure-all” solution to the pandemic, a virologist has cautioned. Speaking to CNBC’s “Squawk Box Europe” on Friday, Robert Lambkin-Williams, an independent virologist at Virology Consult Ltd,...