Tom Costello and Tim Stelloh
45m ago / 9:56 PM UTC
Researchers at Pfizer and New York University are working on a never-before-triedcoronavirusvaccine that the pharmaceutical company believes could be available by September.
The vaccine, which carries genetic code known as messenger RNA, attempts to reprogram the deadly pathogen rather than manipulating the live virus.
It is probably the fastest way of having a vaccine available to stem this pandemic, based on the data that I have seen, said Kathrin Jansen, who leads vaccine research for Pfizer.
Read the full story here.
Allan Smith
1h ago / 9:20 PM UTC
President Donald Trumpthinksall the states that need Congress to provideemergency relief fundingare "run by Democrats in every case" and he charged it's because they have been fiscally mismanaged.
That's not the case. Numerous Republican-led states are facingcoronavirus-caused financial crises, just like the Democrats.
Less than 24 hours after conducting an interview withThe New York Postin which Trump made those remarks, the president took off to visit a mask-making plant in Arizona a Republican-led state thatby its own projections could face a shortfallranging from $600 million to $1.6 billion by the end of the next fiscal year.
Arizona is not alone. COVID-19 has led to dramatic decreases in revenue for state governments across the country regardless of which party has its hand on the wheel. While many states are still crunching their numbers ahead of the next fiscal year, which begins in the summer for most, a handful of GOP-led states already have made clear the budget woes that face them.
Read the full story here.
Dylan Byers
2h ago / 9:11 PM UTC
The Walt Disney Company says the coronavirus pandemic cost the company as much as $1.4 billion in income during the first three months of the year, a disruption it says will only get worse in the months ahead. The most severe blow to the company came in its theme parks unit, which suffered an estimated $1 billion revenue hit.
Disney's per-share profit was down 63 percent, to 60 cents.
The losses reflect how vulnerable almost all of Disney's businesses are to social distancing measures. Its theme parks have been shuttered, cinemas have been closed and its content production has been put on hold. Its television unit, which relies heavily on ESPN's ability to broadcast live sports, has also been interrupted.
The pandemic has hit us hard, Disney chairman and former CEO Bob Iger said on an earnings call Tuesday afternoon. But he said he had "absolute confidence in our ability to get through this challenging period and recover successfully."
One bright spot was Disney+, the company's new streaming service, which has signed up more than 54 million subscribers since its launch in December.Disney also announced that it will reopen Shanghai Disneyland on May 11.
Doha Madani
2h ago / 8:59 PM UTC
Two men were charged in Rhode Island with fraudulently seeking more than a half-million dollars instimulus loans created as part of federal coronavirus protections.
David A. Staveley, 53, and David Butziger, 51, are the first in the nation to be charged with stimulus fraud involving the Small Business Administration's Paycheck Protection Program,according to the U.S. Attorneys Office for the District of Rhode Island. The two men allegedly conspired to obtain loans from the SBA using false information.
The investigation into the men was part of a directive to prioritize crimes related to the coronavirus pandemic, U.S. Attorney Aaron L. Weisman said in a press release Tuesday.
It is unconscionable that anyone would attempt to steal from a program intended to help hard working Americans continue to be paid so they can feed their families and pay some of their bills, Weisman said.
Read the full article here.
Ali Gostanian
57m ago / 9:44 PM UTC
Hundreds of hospital employees in New York participated in a candlelight vigil and walk to honor more than2,200Northwell Healthpatients and 19 staff members who have passed away from COVID-19.
The walk, the brainchild of hospital employees, was held Monday atNorthwell Healths New Hyde Park, Long Island campus.
Video of the vigil obtained by NBC News Social Newsgathering team shows hospital employees in masks holding candles in the air as songwriter Andra Days Rise Up plays in the background.
The walk spanned the entirety of the New Hyde Park campus, which is home to Long Island Jewish Medical Center, Cohen Childrens Medical Center and Zucker Hillside Hospital. After employees completed the walk, Michael Golberg, executive director of LIJ Medical Center, thanked employees for their hard work and dedication fighting on the front lines of the pandemic.
We have been very lucky in many ways that at Long Island Jewish Medical Center, Cohens Childrens, Northwell Health that we have saved many many more people than have lost their lives to COVID-19, Goldberg stated. And that is a true testament to the care you provide.
The Associated Press
23m ago / 10:18 PM UTC
They wanted the campus experience, but their colleges sent them home to learn online during thecoronavirus pandemic. Now, students at more than 25 U.S. universities arefiling lawsuits against their schools demanding partial refunds on tuition and campus fees, saying theyre not getting the caliber of education they were promised.
The suits reflect students growing frustration with online classes that schools scrambled to create as the coronavirus forced campuses across the nation to close last month. The suits say students should pay lower rates for the portion of the term that was offered online, arguing that the quality of instruction is far below the classroom experience.
Colleges, though, reject the idea that refunds are in order. Students are learning from the same professors who teach on campus, officials have said, and theyre still earning credits toward their degrees. Schools insist that, after being forced to close by their states, theyre still offering students a quality education.
Grainger Rickenbaker, a freshman who filed a class-action lawsuit against Drexel University in Philadelphia, said the online classes hes been taking are poor substitutes for classroom learning. Theres little interaction with students or professors, he said, and some classes are being taught almost entirely through recorded videos, with no live lecture or discussion.
Read the full story here.
Lucy Bayly
3h ago / 8:06 PM UTC
Airbnb will lay off 25 percent of its workforce, or 1,900 employees, the home-sharing company confirmed on Tuesday.
We are collectively living through the most harrowing crisis of our lifetime,"CEO Brian Chesky told employees on a group call.
Chesky said revenue for 2020 is expected to be less than half of what it was in 2019, with no clear idea whentravel will return, nor what it will look like.
"Travel in this new world will look different, and we need to evolve Airbnb accordingly," Chesky said.
The travel industry as a whole has been pummeled by the viral outbreak, with airlines, hotels and resorts, and cruise lines ground to a halt.
Airbnb had been hoping to start the process this spring to go public, either bydirect listing or via IPO.
Maura Barrett and Matt Wargo
3h ago / 7:54 PM UTC
While a recent CDC report suggests Pennsylvania has the highest number of meat facilities affected by COVID-19, there are no state requirements for facilities to report cases or deaths publicly.
The Pennsylvania Department of Health reported 2,032 positive cases for workers within the food industry at 120 facilities statewide Tuesday.These include processing and manufacturing facilities, retail facilities, warehouse and distribution facilities, restaurants and farms, according to the state.
But the specific facilities with COVID-19 cases have not been publicly identified.As a result,workers and members of the community are ignorant to the risk of potential exposure. There also isnt regulation that a plant needs to shut down if positive cases are discovered.The CDC referred an inquiry from NBC News to the state health department, which refused to release a full list of 22 affected plants with cases or clusters of cases, adding, There are no requirements that this information be reported to the public, but we would expect facilities to inform employees. The state also declined to provide a list of counties in which the plants are located.
Wendell Young of UFCW Local 1776 has been working with several plants that reported cases to members. The plants have followed a range of measures including shutting down for sanitization and reopening with new additions like Plexiglas dividers, temperature checks, and additional seating or spacing in areas like lunchrooms.
We have employers not doing the right thing right now that are concealing the cases, not informing workers, not implementing the right protocols, and nobody's prosecuting them. No one's holding them responsible for how they're putting people at risk, and possibly killing people. And that's our federal government's fault. That's our presidents fault, Young said.
Geoff Bennett and Dareh Gregorian
4h ago / 7:09 PM UTC
A top Health and Human Services official who says he wasshoved out of his key coronavirus response jobfor pushing back on "efforts to fund potentially dangerous drugs promoted by those with political connections" filed a whistleblower complaint Tuesday charging "an abuse of authority or gross mismanagement" at the agency.
In his complaint, Dr. Rick Bright, who until last month was deputy assistant secretary of Health and Human Services for preparedness and response and director of the Biomedical Advanced Research and Development Authority, described a chaotic response the virus at HHS.
The chaos was fueled largely by "pressure from HHS leadership to ignore scientific merit and expert recommendations and instead to award lucrative contracts based on political connections and cronyism," the complaint says.
Read the full story here.
Jane C. Timm
4h ago / 7:01 PM UTC
Sen. Rand Paul, the only senator known to have contracted COVID-19, defended his decision not to wear a mask on Capitol Hill Tuesday, citing his recovery from the disease.
I have immunity. Ive already had the virus, so I cant get it again and I cant give it to anybody, Paul, R-Ky., told reporters, referring to his March diagnosis. I cant get it again, nor can I transmit. So of all the people youll meet here, Im about the only safe person in Washington.
Paul's claims are unproven. Medical experts do not yet know what kind of immunity recovered patients have to COVID-19.
Broadly speaking, some infections result in lifelong immunity (think chicken pox) while other infections will produce short-term immunity in recovered patients. And while many experts do believe some kind of immunity will come with recovery, there are reports of recovered COVID patients who have tested positive again after testing negative.
Doha Madani
4h ago / 6:42 PM UTC
More than 700 employees at a Tyson Foods meat factory in Perry, Iowa, have tested positive for coronavirus as the nation braces for a possiblemeat shortagedue to the pandemic.
An Iowa Department of Public Health report released Tuesday showed that 58 percent of the factorys workforce had tested positive for the virus,according to NBC affiliate WHO. The news comes just days afternearly 900 workers were confirmed to have the virusat a Tyson Foods plant in Indiana.
Tyson Foods said in a statement that the pandemic hasforced the company to slow productionand close plants in Dakota City, Nebraska, and Pasco, Washington, and the Perry plant as well.
"We have and expect to continue to face slowdowns and temporary idling of production facilities from team member shortages or choices we make to ensure operational safety," the statement said.
Read the full story here.
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