Day: May 22, 2020

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Why Moderna Could be a Good Short

Short sellers might want to take a hard look at Moderna, Inc. (MRNA), in my opinion.

Shares of the Cambridge, Massachusetts-based biotech have climbed more than 50% in just the past month. On Monday, the stock price rose more than $13 to trade around $80 per share on news its Covid-19 vaccine candidate showed promise in a phase 1 clinical trial.

The gains in Moderna stock have pushed its market value to nearly $30 billion, which seems pretty high for a company that has yet to turn a profit and has lost more than $1 million over the last three years. In fact, the firm’s only revenue to date has come from research grants and the licensing of its technology. Moreover, vaccines are a famously unprofitable area of development, which is why companies tend to focus on drugs instead.

Of course, there is a chance that the vaccine could be

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“It’s Not How His Story Ends”

“It’s Not How His Story Ends”

Click here to read the full article.

Nick Cordero, the Broadway actor whose long battle with COVID-19 has been chronicled on Instagram, “had a bad morning,” with wife Amanda Kloots noting in an Instagram Story video today that “things are going a little downhill at the moment.”

Kloots, a fitness trainer, did not offer additional details.

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“I am asking again for all the prayers — mega prayers right now,” she said in the Story video. “I know that this virus is not gonna get him down. It’s not how his story ends, so just keep us in your thoughts and prayers today. Thank you.”

In a separate Instagram message posted Wednesday afternoon, Kloots wrote, “Mega prayers for this special man right now. God continue to grant miracles.”

The 41-year-old Cordero, who appeared on Broadway in Waitress and Bullets Over Broadway, was admitted to Los Angeles’ Cedars-Sinai

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This study will ruin online workouts for you

This study will ruin online workouts for you

Just a few short months ago coming up with a new excuse to skip the gym was a vital part of millions of peoples’ weekly routines. Oh, how the tables have turned. Predictably, now that gyms all over the country have been closed due to COVID-19, everyone is missing their local fitness center with a burning passion.

Consequently, pretty much everyone has had to do what they can fitness-wise at home. For those among us lucky enough to live in houses complete with stocked home gyms, the transition hasn’t been too bad. But, city dwellers residing in cramped apartments with zero equipment have had a much tougher time meeting their exercise needs. 

So, millions of people have placed their collective fitness faith in online workout guides, videos, and advice articles. While such resources are certainly better than nothing, a new study finds that the vast majority of these guides largely

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Connecticut is opening up its economy after mass closures due to the coronavirus. Retail stores and restaurants with outdoor dining are open.

Here’s What’s Open, What’s Closed

CONNECTICUT — Wednesday marks the first day of Connecticut’s phase one reopening plan. Offices, retail stores, outdoor dining, outdoor museums and zoos are now open. The state has laid out strict rules for each sector that is reopening. The rules were developed by Gov. Ned Lamont’s administration and his reopening committee.

Less than 5 percent of coronavirus test samples came back positive in Tuesday’s batch; the result was the lowest ratio in months, Lamont said.

The state hit all of its targets for reopening. More than 50,000 tests are being run weekly, coronavirus hospitalizations are well under the state’s goal of 20 percent of capacity, and the contact tracing platform is being rolled out to health districts across the state. Still, it will ultimately be up to businesses to show customers they are taking the virus seriously by following guidelines, including cleaning and maintaining social distancing as much as possible.

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What to know about NC’s Phase Two.

What to know about NC’s Phase Two.

Phase Two of North Carolina’s three-phase reopening plan starts at 5 p.m. Friday, May 22, Gov. Roy Cooper confirmed on Wednesday.

This second phase loosens restrictions on businesses that have been partially or completely closed since the governor’s March 17 stay-at-home order shut down all but essential services to help slow the spread of the COVID-19 pandemic.

The state has been in the first phase of the plan for going on two weeks, with the North Carolina Department of Health and Human Services monitoring a combination of metrics — such as COVID-like syndromic cases, lab-confirmed cases, positive tests as a percentage of total tests and hospitalizations — to ensure that the state can safely enter its second phase by May 22.

Phase One opened some non-essential businesses, loosened restrictions on church gatherings and opened state parks.

In Phase Two, restaurant dining rooms, hair and nail salons, public swimming pools, gyms

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On Thursday, health care workers stood in protest outside of UW Medicine's Harborview Medical Center asking management to do more to protect staff and patients.

UW Medicine Announces Furloughs for 1,500 Workers

SEATTLE, WA — UW Medicine has announced the temporary furlough of 1,500 of their workers. The university says the move is unfortunate, but necessary to recoup part of the $500 million UW Medicine expects to lose to the coronavirus pandemic.

The affected employees will be placed on furlough from one to eight weeks. During that time, UW Medicine says employees will be able to keep all their benefits, including their health insurance.

The furloughs will affect employees from all sorts of positions, from executive directors and managers to staff at Harborview Medical Center, the University of Washington Medical Center campuses and more. Valley Medical Center has already seen a round of furloughs and staffing changes due to the pandemic.

UW says some employees have volunteered for furlough, others have been chosen by management. Organizers say furloughs are a difficult choice to make, and a last-ditch effort to keep UW Medicine

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Tight on cash, but want cool tech? Consider these five sub-$100 gadgets

Tight on cash, but want cool tech? Consider these five sub-$100 gadgets

Good news for tech lovers during these challenging times: You do not have to break the bank to pick up some great gear.

Whether you’re looking for ways to keep the family entertained during the coronavirus crisis, or to help you to remain or become even more productive while working from home, there’s no shortage of affordable – yet high-quality – tech gadgetry that fits the bill.

So consider the following suggestions some of the “best bang for your buck” products for under $100 each. Each one may not be the top-of-the-line device in their respective category, but they do offer a huge value proposition.

Coronavirus changes for UBer: Ride-hailing service to require drivers and riders to wear face masks, open windows

Jeff Bezos: Amazon founder could become world’s first trillionaire, and some aren’t happy about it

Amazon’s new tablet

Available for preorder and available June 3, Amazon’s all-new Fire

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India faces spike in coronavirus cases, says study, in test for health system

Reuters US Domestic News Summary

Following is a summary of current US domestic news briefs.

Fan-free sports and curbside retail as California loosens coronavirus rules

Businesses in the San Francisco Bay Area may open for curbside retail and manufacturing, while fan-free professional sports events might be allowed as soon as June, as California continued to loosen coronavirus health restrictions on Monday. California Governor Gavin Newsom said Monday the state has been in discussions with officials of all of the major sports leagues about a possible resumption of play. But rules aimed at protecting players and support staff from coronavirus-transmission have yet to be developed, and a possible June 1 opening date would depend on safety standards and infection rates in the most populous U.S. state.

Pandemic-related vaccination drop raises concern about U.S. measles outbreak

Researchers have documented a drop in child vaccination rates in Michigan since restrictions were imposed to slow the spread of the

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Burpee Workout Deconstructs the Exercise for Safe Home Fitness

Burpee Workout Deconstructs the Exercise for Safe Home Fitness

Men’s Health/Eric Rosati

You’re likely doing most of your workouts at home still, and that means that you have less space, less equipment, and a less ideal setup than you would in your old gym from the before times. For some people, that might mean lots of bodyweight routines and high-energy jumping moves like burpees. You might be trying to avoid jumping around in your house to be courteous to everyone around you—but for other people, including top trainers, you might be even more deliberate in your decision to skip out on the burpees.

“If there’s one move that has the fitness world polarized, it’s the burpee,” says trainer Charlee Atkins, C.S.C.S. “I believe the burpee doesn’t translate well to every day use, and therefore I don’t include it in my routines.”

Instead of totally ignoring the exercise, though, Atkins puts the focus on the burpee’s component parts. “Most people

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Trump says he's taking unproven drug hydroxychloroquine to prevent coronavirus

Trump says he’s taking unproven drug hydroxychloroquine to prevent coronavirus

President Donald Trump said Monday that he has been taking hydroxychloroquine, an unproven treatment for COVID-19 that he has vigorously promoted.

“A lot of good things have come out about the hydroxy. A lot of good things have come out. You’d be surprised at how many people are taking it, especially the front-line workers — before you catch it,” Trump said at the White House. “I happen to be taking it. I happen to be taking it. … I’m taking it — hydroxychloroquine — right now.”

Trump said that he doesn’t believe he was exposed to the virus but that he decided to take the drug after having consulted with the White House physician. He also claimed that essential workers, including doctors and nurses, were taking the drug to prevent contracting the disease caused by the coronavirus.

Sean P. Conley, the White House physician, said in a statement later Monday

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