A State Trooper vehicle drives down Bourbon Street in the French Quarter on March 15, 2020 in New Orleans, Louisiana. The state government has placed a ban on large public gatherings and postponed the April 4 primary until June 20 due to the coronavirus (COVID-19). (Photo by Chris Graythen/Getty Images)
New Orleans police cleared the city's famous Bourbon Street over the weekend to stem the spread of coronavirus.
Officers attempted to disperse crowds by driving slowly down the street, still crowded with revelers in spite of the pandemic ripping across the U.S. and the world.
"Large groups of people are prohibited from congregating together. Your actions are jeopardizing public health. We are directing you to clear the streets and go home or back to your hotel," an officer can be heard announcing in a video uploaded to Twitter on Sunday night, and retweeted by the New Orleans Police Department.
The action came on the heels of an executive order by Louisiana Gov. John Bel Edwards, banning gatherings of 250 people or more across the state and shutting down schools. The Pelican State reported on Saturday its first fatality from COVID-19, the respiratory disease caused by the novel coronavirus.
The first victim of the virus was a 58-year-old New Orleans resident with underlying health conditions. The city has since reported another death, a 53-year-old patient, also with underlying medical conditions, who New Orleans Mayor LaToya Cantrell called a personal friend.
"The news this morning of a second death in New Orleans is deeply heartbreaking to me, personally — and is additional tragic news for the people of our City. The patient in this instance was a friend of mine, but every one of those impacted by this outbreak is someone's friend, someone's loved one," she wrote on Facebook on Sunday morning.
Louisiana's tally of reported COVID-19 cases more than tripled over the weekend to 114 on Monday morning — from 33 presumptive positive cases across the state as of Friday morning. Of those, 79 cases are in New Orleans, the state's most populous city. The Louisiana Department of Health reported 302 total tests completed as of Monday morning.
Louisiana has joined other states in implementing extreme measures to stem the spread of the novel coronavirus, a disease that spread from Wuhan, China to close to 150 countries across the globe. It has killed 41 and sickened more than 1,600 in the U.S. so far as of Friday, according to the CDC. The Pelican State also became the first state in the nation, according to the New York Times, to postpone its presidential primary, out of an abundance of caution for elderly poll workers who are "among the most vulnerable to this virus," Gov. Edwards said in a statement. The election was originally scheduled for April 4, but has been postponed by more than two months. Georgia has since followed suit, and other states are reportedly considering similar action.
We are just one day away from what has been called the most influential tech event in the world. CES 2022 will officially kick off on Wednesday in Las Vegas, but the annual tech summit is being impacted by COVID-19, like so many other recent events. The Consumer Technology Association originally planned for a hybrid event to take place from January 5-8, with some in-person events and some virtual; however, a few big-name companies announced they will not be attending in-person, so the CTA decided to shorten the event by one day, with it now ending on Friday. Consumer electronics senior analyst Will Greenwald joins Cheddar News' Closing Bell to discuss.
California's new composting law will affect what residents do in their kitchens. As of this week, Californians will have to recycle excess food in an effort to reduce emissions caused by food waste. Cities and counties will turn recycled food into compost or use it as a renewable energy source. California's new law is the largest mandatory residential food waste recycling program in the country. Rachel Wagoner, Director of the California Department of Resources, Recycling and Recovery called the law 'the biggest change to trash' since recycling started in the 1980s. She joined Cheddar Climate to discuss.
Fast-casual restaurant chain Sweetgreen is rolling out its first salad subscription service called sweetpass as it looks to customers tackling new year weight loss and health goals. Members will receive up to 30 percent off of purchases.
Washington DC and the surrounding areas saw a record breaking snow storm Monday as a strong storm system works its way across the eastern U.S. The extreme weather event caused extensive damage in the greater Washington area, leaving thousands in the region without power. Jonathan Porter, Chief Meteorologist, AccuWeather, joined Wake Up with Cheddar to discuss the fierce storm.
Airlines canceled more than 3,000 flights on Monday over severe weather and crew shortages. The cancellations come on one of the busiest travel days of the holiday season, and is a continuation of the industry-wide disruption that started before Christmas. Thomas Pallini, Aviation Reporter for Insider joined Wake Up with Cheddar to discuss.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
There is a new player in the mobile app stock trading space.
Zingeroo recently announced a funding round of $8.5 million. The company says it aims to bring 'friendly competition' to stock trading, by literally breaking trading down into daily and weekly competitions between friends. Zingeroo also says it hopes its new approach can make trading more accessible, educational, and social than ever before. Zingeroo co-founder and CEO Zoe Barry joins Cheddar News' Closing Bell for more.
