A pedestrian walks past a mural which reads "Stay at Home, Life is Beautiful" Thursday, April 2, 2020, in Los Angeles. California. (AP Photo/Marcio Jose Sanchez)
While warning residents not to take the information as a trend, California Governor Gavin Newsom said the state's number of ICU hospitalizations had fallen nearly two percent over the past 24 hours
However, Newsom also revealed that cases now total 18,309, with 492 deaths up by 50, in the same period, and the number of people hospitalized up to 2,825, slightly more than a four percent increase from yesterday.
"These are not statistics, behind every stat is a real person, real lives that have been torn apart," he said.
Despite the casualties and nearly three weeks after ordering the entire state to begin social distancing, the Golden State governor said “stay-at-home is working in the state of California.
"I caution anybody to read too much into that one point of data, but nonetheless, it is encouraging and it just again reinforces all of the incredible work that all of you are doing to practice physical distancing," Newsom said, warning against complacency. The state now expects the peak of cases to extend into May.
“The curve has been bent in this state, but it also, again, has been stretched. We continue to be vigilant," and California needs to do more to take care of the “deeply stressed out, deeply stretched” healthcare workforce, including psychological support, according to the governor.
Newsom announced a program to fund lodging for those "stretched" healthcare and frontline workers. He said the state will provide vouchers and stipends for workers who need to stay closer to patients or away from their own families. For low-wage workers, he said the state will provide 100 percent reimbursable cost at hotels. The voucher program will be funded with help from FEMA.
The governor also said 350 people should receive letters today to begin work in California's Health Corps and will be considered part-time state employees.
Meanwhile, in the past few days, California sent 500 ventilators across the country to help other states struggling to keep up with the coronavirus pandemic. In response to criticism he sent ventilators out-of-state, Newsom said those states have committed to returning them when California has its own needs and said there are more than 8,000 ventilators not in use currently within its hospital system. Newsom said this does not include the number of ventilators in the state's storage or those that have been sent out.
“We can’t just sit on assets when we can save lives and help our fellow Americans,” he said, stating it was the moral and ethical decision to lend aid.
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.
