Prognosis
U.S. Cases Rise 2.7%; Florida to Reopen Some Areas: Virus Update
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The Trump Administration is planning ‘Operation Warp Speed,’ a Manhattan Project-style program to drastically cut the time it takes to develop a coronavirus vaccine. Gilead Sciences Inc. said its experimental treatment remdesivir helped patients recover faster, sending stocks higher despite economic data showing the record-long U.S. expansion is over.
New York reported a fourth day of declining deaths, though new hospitalizations rose slightly. The state is ramping up testing to 30,000 daily as it moves to reopen some regions, Governor Andrew Cuomo said. Florida’s governor said he’ll start to reopen parts of the state next week.