New York Governor Andrew Cuomo suggested the state is beginning to reach its apex of coronavirus cases, though he cautioned that numbers are changing daily.
Announcing 599 deaths in the last 24 hours, Cuomo called the fatality number “effectively flat for two days,” which he said hints at a possible flattening of New York’s curve, along with fewer hospital and ICU admissions. Early projections showed the state would need 55,000 to 110,000 hospital beds, and the governor noted that the state is tracking at a rate lower than the initial modeling suggested.
“If we are plateauing, it’s because social distancing is working,” he said, however, he also stated that numbers could still continue to rise.
“The big question that we’re looking at now is: what is the curve?” he asked rhetorically, before saying that the curve could either be a short peak or a longer plateau, which would still overburden an already strained system.
Cuomo said the state will continue moving ventilators to New York City's public hospital system and that the state will continue its “surge and flex” program to shift gear and equipment to hospitals most pressed at any given time.
“This is a hospital system where we have our foot to the floor, and the engine is at redline and you can’t go any faster,” he described. “Staying at this level is problematic.”
The governor also announced an extension of NY Pause, extending restrictions on schools and nonessential businesses to April 29 and that he planned to ask President Trump to designate the USNS Comfort, currently being underutilized due to what Cuomo said was lower-than-expected non-COVID hospitalizations, a treatment center for coronavirus patients.
When asked about the availability of ventilators, Cuomo said “all of them” are being used. “We’re beyond capacity.”
“We are into the Plan B, C, D that we outlined,” he said. But, “we don't need any ventilators right now,” he said on his way out of the press conference. Despite hospitals using BIPAP machines and splitting ventilators, the New York governor expressed that he does not believe anyone has lost their life due to a lack of equipment or staffing. “The people we lost are the people we couldn’t save.”
He also displayed photos from New York City parks in an effort to chastise people for not staying inside, calling it “wholly unacceptable,” and announced an increase in the maximum fine for breaking social distancing rules to $1,000.
“What right do you have to act irresponsibly in a way that could get you sick, or someone else sick, and then I have to send an ambulance to pick you up and bring you to an emergency room that’s already overburdened?” Cuomo asked.
Regarding drug trials of hydroxychloroquine and Zithromax, Cuomo claimed that they have had some positive results but that those results were anecdotal and not yet conclusive.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
Simeon Siegel, managing director and senior analyst at BMO Capital Markets joins Cheddar News to discuss CNBC's report that Peloton plans to halt production, despite the company's CEO denying those claims.
Mona Zhang, states cannabis policy reporter at POLITICO Pro joins Cheddar News to discuss major factors that caused Canada's retail marijuana sales to drop last year.
Jackie Rotman, founder and CEO of the Center for Intimacy Justice joins Cheddar News to talk about why Facebook is banning ads by companies targeting women's sexual health but not ads catered to men.
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
"Saturday Night Live" alum Will Forte is hosting the late-night comedy show this weekend alongside musical guest, Måneskin. Forte, who spent a decade working on the iconic NBC show, is currently starring in "MacGruber," the SNL-sketch-turned-movie that is now streaming on Peacock as a tv series.
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.
The NCAA voted to streamline their constitution at their annual convention on Thursday. Each of the three college divisions can decide how student-athletes can make money from outside sources but still restricts schools from directly paying its players.
If you are looking for a new job, you might want to start looking in a different city. A new report from indeed reveals how certain metro areas are seeing faster growth in job openings than others. Economist at Indeed Hiring Lab AnnElizabeth Konkel, joined Cheddar to discuss more.
