New York Gov. Andrew Cuomo on Monday provided his daily coronavirus update from the Javits Convention Center, which opened today as an emergency field hospital.
The governor said both the Javits Center and the USNS Comfort hospital ship, which docked in the city this morning, will serve patients dealing with non-coronavirus medical needs. That should leave New York City hospitals to serve as the frontline of the coronavirus outbreak.
While expressing gratitude for federal support the state has received, Cuomo stressed that the city is not an "anomaly" but rather a "canary in the coal mine" for what the rest of the state and country will soon experience.
"What you see us going through here, you will see happening all across this country," he said.
"Anyone who says this situation is a New York City-only situation is in a state of denial."
All but one county in the state of New York has a confirmed COVID-19 case, he added.
Collaboration has been complicated, however, by the fact that states are competing for the same stock of limited supplies.
"We're competing amongst ourselves. We're driving the prices up. When we started buying ventilators, they were under $20,000. The ventilators are now over $50,000 if you can find them," Cuomo said.
The governor echoed a message from Mayor Bill de Blasio earlier today emphasizing that New York would provide guidance and direct assistance to other areas once they, too, become hot zones.
The state's latest death toll from the virus now stands at 1,218, a jump of about 300 from Sunday. Cuomo said the jump correlates with an increasing number of patients who have died after prolonged periods of ventilators use, suggesting that patients with more serious cases are beginning to succumb to the disease.
In a bit of positive news, Cuomo reported that cases are now doubling at a slower rate than that had been, down from doubling every two days to every six days.
"While the overall number of cases is going up, the rate of doubling is actually down," Cuomo said.
The inventor of the nasal spray that can reverse an opioid overdose believes the $570 million judgment against Johnson & Johnson shows that states are taking the crisis "seriously."
On the back of a groundbreaking partnership with data heavyweights Deloitte and Nielsen, cannabis industry intelligence company Headset on Monday announced the launch of its real time analytics tool in the province of Alberta, marking its official debut in the Canadian market. Stakeholders anticipate the data Headset Insights generates ー first in Alberta, and eventually across all of Canada ー will serve as a road map for companies outside of cannabis looking to penetrate the industry, and for Canadian cannabis companies as the market grows more diverse and competitive.
An Oklahoma judge ruled that Johnson & Johnson pay over $570 million in damages — a far cry from the $17 billion requested — for causing the opioid crisis in the Sooner state.
The U.S. president reiterated his position that Russia should be invited back into the coalition of the world's largest economies despite the lingering issue of Russia's occupation of Ukrainian territory.
Speaking from the G7 summit in Biarritz, France, Trump said that Chinese negotiators had called U.S. officials and requested a new round of talks.
Gravy Analytics, a location-based marketing technology company, analyzed the smartphone data of people who attended the 111 solo Democratic presidential candidate events held in June and July.
The trade war between the U.S. and China escalated throughout the day Friday, culminating with President Trump announcing that the U.S. will significantly hike tariffs on nearly all Chinese imports. The decision came in response to China proclaiming earlier in the day that it would hit $75 billion worth of U.S. goods with new retaliatory tariffs.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Federal Reserve chairman Jerome Powell on Friday said the U.S. central bank was prepared to take action in the event of a global economic downturn. Powell, however, was tightlipped on whether the Fed would initiate another quarter-point interest rate cut as many investors had hoped.
Read Federal Reserve Chair Jerome Powell's prepared remarks from his speech Friday at the Economic Symposium held in Jackson Hole, Wyo.
