NYC measles outbreak worsens as infections near 400, including 2 pregnant women

Almost 400 people in New York City have contracted measles since the outbreak began in October, according to new data from the New York City Health Department. Two pregnant women have also contracted the infection, including one in the past month, city officials said. Most cases are still coming out of an outbreak in Brooklyn’s Williamsburg and Borough Park neighborhoods. “These cases are stark reminders of why New Yorkers must get vaccinated against the measles as soon as possible. Experts worr


Almost 400 people in New York City have contracted measles since the outbreak began in October, according to new data from the New York City Health Department. Two pregnant women have also contracted the infection, including one in the past month, city officials said. Most cases are still coming out of an outbreak in Brooklyn’s Williamsburg and Borough Park neighborhoods. “These cases are stark reminders of why New Yorkers must get vaccinated against the measles as soon as possible. Experts worr
NYC measles outbreak worsens as infections near 400, including 2 pregnant women Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: jessica bursztynsky, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, women, outbreak, 400, city, worsens, cases, infections, york, yorkers, risk, nyc, health, including, near, pregnant, williamsburg, measles, vaccinated


NYC measles outbreak worsens as infections near 400, including 2 pregnant women

Almost 400 people in New York City have contracted measles since the outbreak began in October, according to new data from the New York City Health Department.

Thirty one new cases have been confirmed in the last week, health officials said Wednesday, bringing the city’s total to 390 over the last several months. Two pregnant women have also contracted the infection, including one in the past month, city officials said.

Most cases are still coming out of an outbreak in Brooklyn’s Williamsburg and Borough Park neighborhoods. Williamsburg, where 323 cases have been reported, is home to a tightly-knit Orthodox Jewish population, where vaccine hestitancy is rising.

“These cases are stark reminders of why New Yorkers must get vaccinated against the measles as soon as possible. When we do not get vaccinated, we put our friends, our relatives, our neighbors, our classmates and other fellow New Yorkers at risk,” Health Commissioner Dr. Oxiris Barbot said in a statement.

New York City Mayor Bill de Blasio declared a public health emergency April 9 and ordered all people in certain neighborhoods to get vaccinated or face a $1,000 fine. The city has issued summonses to 12 people for failing to comply with the city’s order.

Experts worried the start of Passover this past weekend could increase the risk of spreading measles as families gathered for the eight-day holiday.

“Currently, the outbreak remains intensely focused in Williamsburg where vaccination rates must continue to improve,” Deputy Commissioner Dr. Demetre Daskalakis said in a statement.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: jessica bursztynsky, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, women, outbreak, 400, city, worsens, cases, infections, york, yorkers, risk, nyc, health, including, near, pregnant, williamsburg, measles, vaccinated


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Tobacco company Philip Morris starts life insurance firm that offers discounts to smokers who quit

PMI sells a number of cigarette alternatives, though it’s placing a much bigger bet on iQOS, a device that heats tobacco rather than burning it. E-cigarettes are incredibly popular in the U.K., thanks in part of the country’s public health agency embracing the products as a less harmful alternative and encouraging people to switch. Offering people bigger life insurance discounts for switching to iQOS may push more people to try it. One day, PMI hopes to stop selling cigarettes altogether, CEO An


PMI sells a number of cigarette alternatives, though it’s placing a much bigger bet on iQOS, a device that heats tobacco rather than burning it. E-cigarettes are incredibly popular in the U.K., thanks in part of the country’s public health agency embracing the products as a less harmful alternative and encouraging people to switch. Offering people bigger life insurance discounts for switching to iQOS may push more people to try it. One day, PMI hopes to stop selling cigarettes altogether, CEO An
Tobacco company Philip Morris starts life insurance firm that offers discounts to smokers who quit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: angelica lavito, melody hahm, akio kon, bloomberg, getty images
Keywords: news, cnbc, companies, offers, health, philip, public, makes, bigger, sense, life, iqos, pmi, quit, morris, starts, products, cigarettes, tobacco, insurance, firm, smokers


Tobacco company Philip Morris starts life insurance firm that offers discounts to smokers who quit

PMI said it determines how big of a discount to give people for using alternative products based on the scientific data along with the potential of a product to reduce a person’s risk. PMI sells a number of cigarette alternatives, though it’s placing a much bigger bet on iQOS, a device that heats tobacco rather than burning it.

E-cigarettes are incredibly popular in the U.K., thanks in part of the country’s public health agency embracing the products as a less harmful alternative and encouraging people to switch. Offering people bigger life insurance discounts for switching to iQOS may push more people to try it.

One day, PMI hopes to stop selling cigarettes altogether, CEO Andre Calantzopoulos told CNBC in an interview Tuesday.

For more on investing in health-care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21.

“Obviously that makes sense for public health and the people who smoke themselves, but it also makes sense for our shareholders because financially, as these products are not cigarettes, they benefit from lower excise taxes and better margins, so it’s a win-win for everybody,” he said. “That’s why we all move in this direction, and the faster we move out of cigarettes the better for all of us.”


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: angelica lavito, melody hahm, akio kon, bloomberg, getty images
Keywords: news, cnbc, companies, offers, health, philip, public, makes, bigger, sense, life, iqos, pmi, quit, morris, starts, products, cigarettes, tobacco, insurance, firm, smokers


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California soda tax bill shelved, in reprieve for beverage industry

LOS ANGELES — A bill that would have slapped a statewide tax on sugary drinks in California stalled Monday when the lawmaker who authored it shelved the legislation until next year. AB 138 is opposed by the beverage industry as well as grocer groups and the California Chamber of Commerce. However, the measure is supported by a coalition of organizations, including the California Medical Association, California Dental Association, and American Academy of Pediatrics. This marks the third attempt b


LOS ANGELES — A bill that would have slapped a statewide tax on sugary drinks in California stalled Monday when the lawmaker who authored it shelved the legislation until next year. AB 138 is opposed by the beverage industry as well as grocer groups and the California Chamber of Commerce. However, the measure is supported by a coalition of organizations, including the California Medical Association, California Dental Association, and American Academy of Pediatrics. This marks the third attempt b
California soda tax bill shelved, in reprieve for beverage industry Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: jeff daniels, christopher lee, bloomberg, getty images
Keywords: news, cnbc, companies, beverage, soda, bill, california, drinks, shelved, association, health, legislative, industry, measure, tax, reprieve


California soda tax bill shelved, in reprieve for beverage industry

LOS ANGELES — A bill that would have slapped a statewide tax on sugary drinks in California stalled Monday when the lawmaker who authored it shelved the legislation until next year.

Assembly Bill 138 would have imposed a tax of 2 cents per fluid ounce on soda and other sugar-sweetened beverages such as teas, and sports and energy drinks. It seeks to use the tax revenue to help fund programs to combat diabetes and other chronic health conditions.

AB 138 is opposed by the beverage industry as well as grocer groups and the California Chamber of Commerce. The Howard Jarvis Taxpayers Association, which opposes the bill, estimated the tax could generate more than $3 billion in new costs for Californians.

However, the measure is supported by a coalition of organizations, including the California Medical Association, California Dental Association, and American Academy of Pediatrics.

According to the author of AB 138, Assemblyman Richard Bloom, the proposed soda tax measure will remain in the Assembly Revenue & Taxation Committee over the remainder of this legislative year and will move forward through the legislative process next year. The bill’s language claims there’s a link between the consumption of sweetened beverages and diabetes, obesity and heart disease.

“While this is not the outcome I had hoped for, AB 138 remains alive in the legislative process, albeit on a slower track,” said Bloom, a Democrat. This marks the third attempt by the lawmaker to pass a soda tax, including a “health impact fee” measure on canned soda drinks that legislators voted down last year.

Similarly, the beverage industry also opposed Assembly Bill 766, a measure to ban the sale of jumbo-sized sugary sodas, including 7-Eleven’s Big Gulps. AB 766 was pulled earlier this month from consideration and isn’t expected to be heard during this session.

The beverage industry and its lobbyists have spent nearly $12 million in the last two years in California fighting proposed soda taxes or health warnings, the Los Angeles Times reported earlier this month. The shelving of the proposed tax is seen as a victory for major soda companies such as Coca-Cola and PepsiCo.

Besides taxing soda containers at a rate of 2 cents per ounce, the bill also would add a fee on syrups sold for sugary drinks. A report from the state’s Legislative Analyst Office concluded “a two cent per ounce tax likely would reduce consumption by 15% to 35%.”

“We are glad the Legislature delayed action because California voters oppose a beverage tax which would be an unfair burden on working families, neighborhood businesses and employees already struggling with the state’s high cost of living,” said Steven Maviglio, a spokesman for the American Beverage Association. “We remain committed to working with the Legislature on effective ways to address its budgetary and public health concerns and to ensure that food and beverages remain affordable to all Californians.”

Some have suggested that state legislators may be wary of passing new taxes due to a political firestorm created after the 2017 passage of a gasoline tax increase. Orange County voters in June recalled a Democratic lawmaker from his state Senate seat. Sen. Josh Newman, whose seat was taken by a Republican, had been linked to a $52 billion transportation package, which included a 40% increase in the state’s excise gas tax as well as increased vehicle fees.

“This delay is unfortunate because, with the health outcomes of millions of Californians at stake, there is no time to lose,” said Bloom. “On the other hand, we will now have the time to build an even bigger and stronger coalition of supporters.”


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: jeff daniels, christopher lee, bloomberg, getty images
Keywords: news, cnbc, companies, beverage, soda, bill, california, drinks, shelved, association, health, legislative, industry, measure, tax, reprieve


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Health-care stocks could rebound after their worst week of the year

That comment sent UnitedHealth shares down 4% and the health-care sector down 2%. Biogen, Cigna and Abiomed are the worst-performing stocks in the sector, falling at least 20%. This is not the first time health-care related stocks have taken a beating amid worries leading up to a presidential election. Ogg added the current pullback in health care “probably won’t last because, at some point, earnings will overtake fears. But I do think we’ll hear a lot of health care bashing.”


That comment sent UnitedHealth shares down 4% and the health-care sector down 2%. Biogen, Cigna and Abiomed are the worst-performing stocks in the sector, falling at least 20%. This is not the first time health-care related stocks have taken a beating amid worries leading up to a presidential election. Ogg added the current pullback in health care “probably won’t last because, at some point, earnings will overtake fears. But I do think we’ll hear a lot of health care bashing.”
Health-care stocks could rebound after their worst week of the year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: fred imbert, justin sullivan, getty images
Keywords: news, cnbc, companies, worstperforming, stocks, healthcare, worst, town, health, trading, rebound, unitedhealth, week, care, sector, sanders


Health-care stocks could rebound after their worst week of the year

Health care stocks under pressure, but one could be on the mend 3 Hours Ago | 03:48

“Because this latest move was largely caused by political hot air (so to speak) and not something structural within the sector, I think we could see a bounce back in some of these names,” Thrasher said in a note to clients. “I believe the stocks have been over-extended to the downside.”

The move down began Tuesday after presidential hopeful Sen. Bernie Sanders received a positive response to his “Medicare for All” plan at a town hall organized by Fox News.

“What we’re talking about is stability. That when you have a Medicare for all, it is there now and it will be there in the future,” Sanders said at the town hall, which aired last Monday. The plan creates a single-payer health-care system run by the government, which Sanders argues would be more affordable for consumers.

Worries increased after UnitedHealth CEO David Wichmann warned Tuesday that such policies would “destabilize the nation’s health system.” That comment sent UnitedHealth shares down 4% and the health-care sector down 2%.

Health care is by far the worst-performing sector this year. It is down 1.2% in 2019 and is the only one trading in negative territory. By comparison, utilities is the second-worst performer of 2019 and it is up about 8%.

The group was down fractionally in afternoon trading Monday.

Biogen, Cigna and Abiomed are the worst-performing stocks in the sector, falling at least 20%. CVS Health is also down nearly 20% year to date.

This is not the first time health-care related stocks have taken a beating amid worries leading up to a presidential election. The iShares Nasdaq Biotechnology ETF (IBB) came under sharp pressure in 2015 after former Secretary of State Hillary Clinton — then the favorite to win the 2016 election — tweeted against drug-price gouging, calling it “outrageous.”

The ETF later recovered some of those losses to end the year up more than 11%.

“Ever since Obamacare, it’s been tough on these stocks pre-election season because they make the drug companies out to be the bad guys,” said Maris Ogg, president at Tower Bridge Advisors. Ogg added the current pullback in health care “probably won’t last because, at some point, earnings will overtake fears. But I do think we’ll hear a lot of health care bashing.”


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: fred imbert, justin sullivan, getty images
Keywords: news, cnbc, companies, worstperforming, stocks, healthcare, worst, town, health, trading, rebound, unitedhealth, week, care, sector, sanders


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Two simple insurance charges you need to understand when choosing health coverage

Health insurance can get pretty complicated. Two of the most important terms in health insurance are premiums and deductibles. For many people who work for companies that offer health insurance, the premium comes out of your paycheck automatically. You might want to pick a plan like this if you know you will have significant medical costs next year. And the reverse is usually true too: Lower monthly premiums usually mean a higher deductible.


Health insurance can get pretty complicated. Two of the most important terms in health insurance are premiums and deductibles. For many people who work for companies that offer health insurance, the premium comes out of your paycheck automatically. You might want to pick a plan like this if you know you will have significant medical costs next year. And the reverse is usually true too: Lower monthly premiums usually mean a higher deductible.
Two simple insurance charges you need to understand when choosing health coverage Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: mackenzie sigalos, jordan malter
Keywords: news, cnbc, companies, premium, medical, coverage, health, charges, need, choosing, pay, month, insurance, understand, monthly, simple, terms, costs, premiums


Two simple insurance charges you need to understand when choosing health coverage

Health insurance can get pretty complicated. Typically, the point is to pay some money every month so that when you have an accident or get sick, your medical costs aren’t so expensive that they bankrupt you.

Two of the most important terms in health insurance are premiums and deductibles.

Your premium is that monthly cost. For many people who work for companies that offer health insurance, the premium comes out of your paycheck automatically.

Your deductible is very different. It’s a number that signifies an annual threshold, and it’s distinct for every plan.

Let’s say it’s $1,000. That’s the amount of money that you need to spend out of pocket on health care each year before your insurance starts covering your bills. Deductibles may range from a couple hundred dollars to several thousand.

These terms are related in one simple way — plans with higher monthly premiums (meaning you’re paying more every month), often have a lower deductible (meaning your insurance company will start paying sooner). You might want to pick a plan like this if you know you will have significant medical costs next year.

And the reverse is usually true too: Lower monthly premiums usually mean a higher deductible. This is probably better for healthy people who are willing to take a little more risk with their costs.

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Here’s how that works in practice:

Let’s say you pay a $100 premium every month and you have a $1,000 annual deductible.

You hurt your knee, go to the doctor, and find out you need to repair a torn meniscus.

The surgery costs $5,000.

You pay the first $1,000. As long as the procedure is in network, then your insurance starts to kick in.

Most plans pay a percentage of the remaining balance, typically around 80%. So of the $4,000 you still owe, your insurer will cover $3,200.

That brings your total medical bill up to $1,800, even though the whole surgery costs $5,000.

Of course, there are other costs and terms to keep in mind when talking health insurance, like copays and coinsurance, out-of-pocket limits, and knowing how your plan differs for providers in-network or out-of-network. But that’s for another video.

In the meantime, here’s to a healthier you.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: mackenzie sigalos, jordan malter
Keywords: news, cnbc, companies, premium, medical, coverage, health, charges, need, choosing, pay, month, insurance, understand, monthly, simple, terms, costs, premiums


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J&J’s new ketamine-like depression drug Spravato off to ‘very, very strong start,’ company says

Up to 800 health centers have been approved to administer Johnson & Johnson’s new ketamine-like depression drug, which was cleared for sale last month, and patients are already using it, the company said Tuesday. Spravato, or esketamine, won federal approval March 5 for treatment-resistant depression. It’s similar to ketamine, a sedative known as the club drug “Special K” that’s increasingly being studied and used to treat depression. Acknowledging these factors, the FDA stipulated Spravato must


Up to 800 health centers have been approved to administer Johnson & Johnson’s new ketamine-like depression drug, which was cleared for sale last month, and patients are already using it, the company said Tuesday. Spravato, or esketamine, won federal approval March 5 for treatment-resistant depression. It’s similar to ketamine, a sedative known as the club drug “Special K” that’s increasingly being studied and used to treat depression. Acknowledging these factors, the FDA stipulated Spravato must
J&J’s new ketamine-like depression drug Spravato off to ‘very, very strong start,’ company says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: angelica lavito, janssen global services via ap
Keywords: news, cnbc, companies, strong, york, spravato, patients, drug, depression, jjs, start, month, 800, company, won, health, ketaminelike


J&J's new ketamine-like depression drug Spravato off to 'very, very strong start,' company says

Up to 800 health centers have been approved to administer Johnson & Johnson’s new ketamine-like depression drug, which was cleared for sale last month, and patients are already using it, the company said Tuesday.

Spravato, or esketamine, won federal approval March 5 for treatment-resistant depression. It’s similar to ketamine, a sedative known as the club drug “Special K” that’s increasingly being studied and used to treat depression.

For more on investing in health care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21.

Spravato’s side effects include sedation and dissociation. It also carries the potential risk of misuse and abuse. Acknowledging these factors, the FDA stipulated Spravato must be administered in a medically supervised health-care setting where patients are monitored. Pharmacies, doctor’s offices and clinics also need to be certified.

In a little more than a month, J&J has certified up to 800 sites, putting the company “well on track” with its plans for the year, Jennifer Taubert, executive vice president of pharmaceuticals, told analysts on a call Tuesday discussing first-quarter earnings results. She said a number of patients have received their first dose, with some receiving multiple doses.

“So we believe that we’re off to a very, very strong start with Spravato, and that it is going to be an important growth driver for us,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: angelica lavito, janssen global services via ap
Keywords: news, cnbc, companies, strong, york, spravato, patients, drug, depression, jjs, start, month, 800, company, won, health, ketaminelike


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These 2 health-care giants could take down the ETFs in their sector, says investor

Health care stocks are the worst performing sector, here are the ETFs to watch 4 Hours Ago | 02:26Health care just caught a cold. The Health Care Select Sector SPDR Fund, an exchange-traded fund tracking 62 major health-care companies, has shed more than 2% in the last month. “Value’s a little bit out of favor today, so that’s another reason why the big health-care stocks aren’t doing as well.” “If you look at the big health-care ETFs, what are the two biggest stocks in there? So, if you’re on t


Health care stocks are the worst performing sector, here are the ETFs to watch 4 Hours Ago | 02:26Health care just caught a cold. The Health Care Select Sector SPDR Fund, an exchange-traded fund tracking 62 major health-care companies, has shed more than 2% in the last month. “Value’s a little bit out of favor today, so that’s another reason why the big health-care stocks aren’t doing as well.” “If you look at the big health-care ETFs, what are the two biggest stocks in there? So, if you’re on t
These 2 health-care giants could take down the ETFs in their sector, says investor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: lizzy gurdus
Keywords: news, cnbc, companies, healthcare, care, giants, investor, youve, etfs, big, health, stocks, wiener, etf, sector


These 2 health-care giants could take down the ETFs in their sector, says investor

Health care stocks are the worst performing sector, here are the ETFs to watch 4 Hours Ago | 02:26

Health care just caught a cold.

The Health Care Select Sector SPDR Fund, an exchange-traded fund tracking 62 major health-care companies, has shed more than 2% in the last month. The iShares U.S. Healthcare Providers ETF, a similar fund tracking 47 health-care providers, has lost about 5%.

Uncertainty around the fate of the Affordable Care Act, more commonly known as Obamacare, and rising drug prices, has weighed on the group in recent weeks. The downward moves have left health care as the only market sector still in the red, and the worst-performing one in the last month, after a banner year as 2018’s best-performing sector.

Tom Lydon, editor and proprietor of ETFTrends.com, told CNBC’s “ETF Edge” on Monday that the weakness could also be tied to a change in investors’ priorities.

“In Q4 of last year, we saw big declines in the stock market, but health care buoyed because of [its] value,” Lydon said. “Value’s a little bit out of favor today, so that’s another reason why the big health-care stocks aren’t doing as well.”

But Dan Wiener, chairman of Adviser Investments, sees something bigger at play.

“You have to remember health care is an enormous part of this economy. We’re talking about close to 20% of the economy,” Wiener told CNBC in the same “ETF Edge” interview. “You’ve got the biotechs. You’ve got the health-care providers. You’ve got the pharma. You’ve got the device companies.”

Most broad-based health-care ETFs have all of those categories in their holdings, Wiener noted. However, two of those holdings far outweigh the rest.

“[Tuesday] morning, we’re going to get [Johnson & Johnson] earnings,” Wiener said. “If you look at the big health-care ETFs, what are the two biggest stocks in there? J&J and Pfizer. And we’re not talking about 5% positions. Between the two of them, we’re talking 15%. Those are big. I mean, if J&J and Pfizer don’t have a good day, the whole sector disappears on the ETF side.”

That could prove disastrous for the sector’s various ETFs, but there’s no harm in getting more granular, Lydon said.

“It’s kind of been the tale of two cities” with “conventional health-care” companies and the biotechnology names, he noted, with traditional health-care stocks tacking on only mid-single-digit gains year to date, but some biotech stocks up north of 20%.

So, if you’re on the hunt for health-care stocks, be sure you know where to look.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: lizzy gurdus
Keywords: news, cnbc, companies, healthcare, care, giants, investor, youve, etfs, big, health, stocks, wiener, etf, sector


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Measles cases approach record as outbreak spreads in New York

The CDC has confirmed 555 measles cases from Jan. 1 through April 11 — approaching the 667 cases diagnosed in 2014 — just four months into this year. Of the 90 new cases reported last week, 77 were in New York, the CDC said. Fifty cases were reported in New York City and 27 were reported in Rockland County. For more on investing in health care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21. Outbreaks, defined as three or more cases, are ongoing in fi


The CDC has confirmed 555 measles cases from Jan. 1 through April 11 — approaching the 667 cases diagnosed in 2014 — just four months into this year. Of the 90 new cases reported last week, 77 were in New York, the CDC said. Fifty cases were reported in New York City and 27 were reported in Rockland County. For more on investing in health care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21. Outbreaks, defined as three or more cases, are ongoing in fi
Measles cases approach record as outbreak spreads in New York Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: angelica lavito, shannon stapleton
Keywords: news, cnbc, companies, spreads, york, cases, week, cdc, approach, health, city, outbreak, record, disease, measles, county, reported


Measles cases approach record as outbreak spreads in New York

Another 90 measles cases were reported in the U.S. last week, putting 2019 on track to be the worst year for the disease since public health officials said it was eradicated in 2010, according to the latest data from the Centers for Disease Control and Prevention.

The CDC has confirmed 555 measles cases from Jan. 1 through April 11 — approaching the 667 cases diagnosed in 2014 — just four months into this year.

Of the 90 new cases reported last week, 77 were in New York, the CDC said. Fifty cases were reported in New York City and 27 were reported in Rockland County. New York City Mayor Bill de Blasio last week declared measles a public health emergency and ordered mandatory vaccinations for people living in Brooklyn’s Williamsburg neighborhood where the disease is spreading.

For more on investing in health care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21.

Since January, the disease has been reported in 20 states. Outbreaks, defined as three or more cases, are ongoing in five areas: New York City, New York State’s Rockland County, Washington, New Jersey, California’s Santa Cruz County and California’s Butte County.

The CDC said travelers brought back the disease from places like Israel and Ukraine where large measles outbreaks are occurring. Worldwide, there has been a 300% increase in measles cases, to about 112,000 in the first three months of the year from about 28,000 at the same time last year, the World Health Organization said Monday, citing preliminary data.

Measles is highly contagious, infecting up to 90 percent of unvaccinated people who are exposed to it, according to the Centers for Disease Control and Prevention. The virus can live in the air for up to two hours after an infected person coughs or sneezes, according to the CDC, meaning people can be exposed to it without ever knowing.

People can be infected for days before showing signs of the virus, such as a fever, runny nose or a rash.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: angelica lavito, shannon stapleton
Keywords: news, cnbc, companies, spreads, york, cases, week, cdc, approach, health, city, outbreak, record, disease, measles, county, reported


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Cramer: Investors must study up on the Amazon effect before buying any stock

Investors should factor the Amazon effect into their stock-picking homework because the company is a “Death Star” that could disrupt any industry it decides to set its gaze on, CNBC’s Jim Cramer said Monday. The Amazon effect continues to have a daunting impact on most brick-and-mortar retailers, and the entertainment industry could be next in its path. But shares of the streaming platform ended Monday down 4.4% on news that Amazon could release a free music streaming service on its Echo device


Investors should factor the Amazon effect into their stock-picking homework because the company is a “Death Star” that could disrupt any industry it decides to set its gaze on, CNBC’s Jim Cramer said Monday. The Amazon effect continues to have a daunting impact on most brick-and-mortar retailers, and the entertainment industry could be next in its path. But shares of the streaming platform ended Monday down 4.4% on news that Amazon could release a free music streaming service on its Echo device
Cramer: Investors must study up on the Amazon effect before buying any stock Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: tyler clifford
Keywords: news, cnbc, companies, industry, vulnerable, effect, potentially, health, study, investors, care, stock, service, amazon, work, streaming, buying, cramer


Cramer: Investors must study up on the Amazon effect before buying any stock

Investors should factor the Amazon effect into their stock-picking homework because the company is a “Death Star” that could disrupt any industry it decides to set its gaze on, CNBC’s Jim Cramer said Monday.

“Any company with any kind of consumer product could potentially end up in their crosshairs, and that’s a very dangerous place to be,” the “Mad Money” host said.

The Amazon effect continues to have a daunting impact on most brick-and-mortar retailers, and the entertainment industry could be next in its path. Spotify has become a dominant name in the audio world by offering both free, ad-supported and subscription models for streaming music. It is also making a mark in the exceedingly popular podcasts segment.

But shares of the streaming platform ended Monday down 4.4% on news that Amazon could release a free music streaming service on its Echo device as soon as next week.

“Now that we know [Amazon’s] interested, Spotify’s stock will never trade the same way again … Amazon has a huge installed based of 100 million devices that could easily make this service work, destroying Spotify’s moat [and] potentially turning it into an absolute also-ran in its own industry,” Cramer said. “I think Amazon could do just about anything it sets its mind to right now.”

Amazon could potentially throw shipping and delivery companies, such as FedEx and GrubHub, off balance as it builds out its own transports business, he said. The tech behemoth has already chipped away at Walgreen’s, who is facing difficulties in the front of the store and the pharmacy, and CVS, which is nursing its health care strategy with Aetna, Cramer said.

Amazon has buddied up with J. P. Morgan Chase and Berkshire Hathaway on a project called Haven to reduce health care costs.

“They could theoretically have the same kind of bargaining power as Medicare or the [U.S. Department of Veterans Affairs]. Health care seems totally vulnerable,” Cramer said.

There are several companies, however, that have managed to protect their market share and not capitulate to rumors that Amazon would come for their industries, Cramer said. Earlier Monday Best Buy promoted Corie Barry, who was responsible for the retailer’s home service program to box out Amazon, from CFO to CEO. Autozone retained its place in the auto parts industry after facing pressure from Amazon last year.

Home Depot, Lowe’s, and Cisco have all fended off Amazon, he added. Industries where businesses do not include a hands-on service or work for a customer are vulnerable, he said.

“The next time you think about buying a stock, you need to ask yourself a question — add this to your homework checklist: could Amazon come in and destroy the company’s margins? If so, lower your expectations,” Cramer said.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: tyler clifford
Keywords: news, cnbc, companies, industry, vulnerable, effect, potentially, health, study, investors, care, stock, service, amazon, work, streaming, buying, cramer


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Amazon Alexa is luring health developers, but it will be a while before we use it to call a doctor

If you want to schedule a doctor’s appointment or check on the status of a medication without picking up the phone, Amazon Alexa can help. As of this week, the voice assistant is HIPAA compliant, which means Amazon can work with hospitals and other health providers that manage protective health data to share personal information on an Echo. Currently, Amazon is working with applications on an invite-only basis, and none of the initial six developers link patients with doctors. “It’s tricky,” sai


If you want to schedule a doctor’s appointment or check on the status of a medication without picking up the phone, Amazon Alexa can help. As of this week, the voice assistant is HIPAA compliant, which means Amazon can work with hospitals and other health providers that manage protective health data to share personal information on an Echo. Currently, Amazon is working with applications on an invite-only basis, and none of the initial six developers link patients with doctors. “It’s tricky,” sai
Amazon Alexa is luring health developers, but it will be a while before we use it to call a doctor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: christina farr, luke macgregor, bloomberg, getty images
Keywords: news, cnbc, companies, theres, health, wrong, amazon, developers, information, consults, working, luring, alexa, medical, doctor, week


Amazon Alexa is luring health developers, but it will be a while before we use it to call a doctor

If you want to schedule a doctor’s appointment or check on the status of a medication without picking up the phone, Amazon Alexa can help.

As of this week, the voice assistant is HIPAA compliant, which means Amazon can work with hospitals and other health providers that manage protective health data to share personal information on an Echo.

But what users can’t do yet is connect with a doctor or a therapist through the device, and it might be a few years before they can. Currently, Amazon is working with applications on an invite-only basis, and none of the initial six developers link patients with doctors.

Developers focused on digital health have concerns about using home speakers like the Echo and Google Home for medical consults because privacy issues continue to emerge and there’s too much risk in sensitive health information falling into the wrong hands. Earlier this week, Bloomberg reported that thousands of employees listen in to snippets of conversations on Alexa to supposedly improve the product experience.

“It’s tricky,” said Robbie Cape, CEO of 98point6, a Seattle-based company that provides virtual medical consults via smartphones and the web. “To uphold user trust, I can imagine that Amazon Alexa would need to confirm they’re talking to the right person, but also that there’s no one else in the room listening to the conversation.”


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: christina farr, luke macgregor, bloomberg, getty images
Keywords: news, cnbc, companies, theres, health, wrong, amazon, developers, information, consults, working, luring, alexa, medical, doctor, week


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