virus

President Trump blasted “CBS Evening News” host Norah O’Donnell as a “third place anchor” after she interviewed a coronavirus whistleblower for a “60 Minutes” segment that was critical of the White House. In a Twitter rant late Sunday, Trump said O’Donnell and “60 Minutes” were “doing everything in their power to demean our Country, much to …

China’s President Xi Jinping said Monday that China will contribute $2 billion in aid to combat the coronavirus in other countries as the world’s second largest economy works to repair its global image after the pandemic spread beyond its borders. The funds, which will be distributed over two years, are intended to “help with Covid-19 response, …

New York mayor Bill de Blasio on Monday warned that swimmers at city beaches will be extricated from the ocean over the summer for violating coronavirus restrictions. “Anyone tries to get in the water, they’ll be taken right out of the water,” de Blasio told reporters at a press conference. On Sunday, the mayor said …

Secretary of State Mike Pompeo singled out the World Health Organization (WHO) for being unable to halt the coronavirus global pandemic, saying “it had one job, to protect the world from a pandemic, and it didn’t get it done.” Pompeo, speaking to the Washington Examiner, called the WHO’s response an “abject failure” and said the …

American biotech firm Moderna announced Monday that its phase-one human trial for a coronavirus vaccine produced COVID-19 antibodies in every one of its participants. Two vaccine doses of 25 micrograms showed that, by day 43 of the trial, humans developed antibody levels consistent with those who have recovered from coronavirus, the company said. Participants who …

President Trump on Sunday hit back at criticism from former president Barack Obama over the handling of the coronavirus pandemic. “Look, he was an incompetent president,” Trump said of Obama. “That’s all I can say. Grossly incompetent.” In a speech to graduates of historically black colleges on Saturday, Obama leveled thinly veiled criticism at his …

Eight prospective coronavirus vaccines have already started human trials, as the White House continues “Operation Warp Speed” with the goal of making 300 million vaccine doses available to Americans by the start of 2021. Researchers at Oxford University and drugmakers Pfizer and Moderna are among those already conducting human trials of potential vaccines, as part …

Federal Reserve chairman Jerome Powell warned in an interview released on Sunday that a full economic rebound following the coronavirus pandemic may not occur until the end of 2021. Powell described the sudden slowdown as the “biggest shock that the economy’s had in living memory” during the interview on CBS’s 60 Minutes. “This economy will …

The coronavirus has claimed some of SoftBank’s “unicorns” as casualties — and its billionaire CEO used a fantasy-driven slide presentation to illustrate the problem. The Japanese investment giant reported an $18 billion loss for its Vision Fund Monday after its buzzy “unicorn” tech startups like Uber and WeWork fell into what CEO Masayoshi Son called …

Shares of Uber spiked as much as 8 percent Monday on reports that the ride-hail giant is axing an additional 3,000 employees and closing 45 offices as the coronavirus slams the brakes on its business. Combined with 3,700 pink slips the company handed out earlier this month, the latest cuts — which CEO Dara Khosrowshahi announced …