India is working to ‘plug every possible loophole’ to prevent a coronavirus epidemic, minister says

From stepping up airport screenings to keeping tabs on thousands of individuals who returned from abroad, India is monitoring the new coronavirus outbreak at the highest level to prevent an epidemic, health minister Harsh Vardhan said Friday. The new strain of virus, called COVID-19, has killed more than 1,300 people, mostly in China, and infected over 64,000 people worldwide. Hospital where people have been wearing masks for safety from coronavirus on February 3, 2020 in Kolkata, India. Samir J


From stepping up airport screenings to keeping tabs on thousands of individuals who returned from abroad, India is monitoring the new coronavirus outbreak at the highest level to prevent an epidemic, health minister Harsh Vardhan said Friday.
The new strain of virus, called COVID-19, has killed more than 1,300 people, mostly in China, and infected over 64,000 people worldwide.
Hospital where people have been wearing masks for safety from coronavirus on February 3, 2020 in Kolkata, India.
Samir J
India is working to ‘plug every possible loophole’ to prevent a coronavirus epidemic, minister says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-14  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, virus, vardhan, plug, crew, country, indian, ship, working, india, japan, coronavirus, minister, loophole, possible, epidemic, prevent, tested


India is working to 'plug every possible loophole' to prevent a coronavirus epidemic, minister says

From stepping up airport screenings to keeping tabs on thousands of individuals who returned from abroad, India is monitoring the new coronavirus outbreak at the highest level to prevent an epidemic, health minister Harsh Vardhan said Friday. The fast-spreading virus was first detected in the Chinese city of Wuhan and belongs to a family of coronaviruses that cause illness ranging from the common cold to more severe diseases such as the 2003 SARS, or severe acute respiratory syndrome, outbreak. The new strain of virus, called COVID-19, has killed more than 1,300 people, mostly in China, and infected over 64,000 people worldwide. India reported three confirmed cases in the state of Kerala, out of more than 1,700 people tested around the country as of Thursday, according to the Indian Council of Medical Research. That included 654 people evacuated from Wuhan, all of whom had tested negative. “We started taking action on this in the middle of January, at least two weeks before the World Health Organization declared it as an emergency of international concern,” Vardhan told CNBC’s “Street Signs.”

Increased screening measures

Those measures include thermal screening for passengers coming from mainland China, Thailand, Singapore, Japan, and South Korea at airports and seaports, taking down their detailed history and then sharing that information with state-level and district-level surveillance officers to keep tabs on them through an integrated disease surveillance program, the health minister explained. More than 2,000 flights have been screened, he said. “We’ve got very good coordination with all our state governments. The whole issue is being monitored at the highest level in the country and also with the state governments,” Vardhan said. He said some 15,000 people have been “kept under watch as a matter of abundant precaution,” and those showing early symptoms were being kept in isolation at hospitals. India also set up 15 laboratories to test for the virus, and Vardhan said the country has the potential to build up to 50 labs if the need arises. New Delhi has also issued travel advisories, telling people to refrain from traveling to China. The minister also said existing visas — including already issued electronic visas — for foreign nationals traveling to India from China are no longer valid and that screenings were also being conducted at the border.

A view of the emergency ward of the Beleghata I.D. and B.G. Hospital where people have been wearing masks for safety from coronavirus on February 3, 2020 in Kolkata, India. Samir Jana | Hindustan Times | Getty Images

“Every concerned ministry is actively involved in ensuring that we plug every possible loophole, which can allow the entry of the virus in a big way in the country,” Vardhan said. “We are sure that (if) we could handle Ebola in 2014, (if) we could handle other diseases, we can handle this coronavirus quite well.” Local airlines, including national carrier Air India, have also temporarily canceled flights to China.

Infected individuals at sea

Two Indian nationals on board a cruise ship in Japan also contracted the pneumonia-like virus, the Indian embassy in Tokyo confirmed on Wednesday. Both of them worked as crew members aboard the Diamond Princess cruise ship that is currently quarantined off the coast of Yokohama and were receiving treatment in Japanese hospitals along with other infected individuals. Six passengers and 132 crew members aboard the ship were Indian nationals and the embassy said it was working with local authorities over potentially early disembarkation for those who tested negative for the virus. Indian media reported some crew members had posted a video on social media requesting Prime Minister Narendra Modi’s government to bring them back. Vardhan said that as soon as the quarantine period is over next week, India will work with Japan to make “adequate arrangements” to bring those people back to the country. The cruise ship, operated by Carnival’s Princess Cruises and carrying more than 3,700 passengers and crew, has been quarantined in Japan since early February after a previous guest tested positive for the disease six days after disembarking.

Economic impact on India


Company: cnbc, Activity: cnbc, Date: 2020-02-14  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, virus, vardhan, plug, crew, country, indian, ship, working, india, japan, coronavirus, minister, loophole, possible, epidemic, prevent, tested


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Judge rejects secret request for new trial by Roger Stone as Trump hints at possible pardon

Former advisor to US President Donald Trump, Roger Stone, waves as he arrives for a court hearing on March 14, 2019, in Washington DC. On Tuesday night, Trump replied to a tweet from a supporter who wrote, “Raise your hand if you believe it’s time for a FULL PARDON for Roger Stone and Michael Flynn.” “I want to thank the Justice Department,” Trump said. But, Trump added, “I didn’t speak to” the department to get it to reduce the proposed sentence for Stone. The Justice Department has said it dec


Former advisor to US President Donald Trump, Roger Stone, waves as he arrives for a court hearing on March 14, 2019, in Washington DC.
On Tuesday night, Trump replied to a tweet from a supporter who wrote, “Raise your hand if you believe it’s time for a FULL PARDON for Roger Stone and Michael Flynn.”
“I want to thank the Justice Department,” Trump said.
But, Trump added, “I didn’t speak to” the department to get it to reduce the proposed sentence for Stone.
The Justice Department has said it dec
Judge rejects secret request for new trial by Roger Stone as Trump hints at possible pardon Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-12  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, department, judge, pardon, request, roger, possible, justice, sentence, proposed, washington, reduce, stone, rejects, trial, secret, prosecutors, trump


Judge rejects secret request for new trial by Roger Stone as Trump hints at possible pardon

Former advisor to US President Donald Trump, Roger Stone, waves as he arrives for a court hearing on March 14, 2019, in Washington DC.

A judge rejected Roger Stone’s previously secret request for a new criminal trial, according to a court filing unsealed Wednesday, as President Donald Trump said that his longtime friend and political advisor was treated “very badly” by prosecutors.

Those prosecutors “ought to go back to school and learn,” Trump fumed to reporters at the White House.

But Trump was coy when asked if he was considering a pardon for Stone, who is due to be sentenced Feb. 20 in federal court in Washington, D.C. for lying to Congress and other crimes.

“I don’t want to say yet,” Trump replied. “But people were hurt, viciously and badly by these corrupt people.”

On Tuesday night, Trump replied to a tweet from a supporter who wrote, “Raise your hand if you believe it’s time for a FULL PARDON for Roger Stone and Michael Flynn.”

“Prosecutorial Misconduct?” Trump responded.

A Republican operative who is a self-proclaimed dirty trickster, Stone was convicted last fall of lying to Congress about his contacts with the document disclosure group WikiLeaks during the 2016 presidential election, and witness tampering for pressuring his associate, comedian Randy Credico, to endorse his lies.

Trump’s comments came as congressional Democrats accused him of improperly pressuring the Justice Department to sharply reduce a recommended prison sentence for Stone that had first been proposed Monday night by prosecutors directly involved in his case.

The career prosecutors had proposed a prison term of between seven to nine years for Stone, arguing that Stone “flagrantly” lied to the House Intelligence Committee as it investigated Russian interference in the 2016 election, which included stealing emails from Democratic nominee Hillary Clinton’s campaign chief, which were later released by WikiLeaks.

Those prosecutors on Tuesday quit the Stone case after learning that the Justice Department would urge a lighter prison term for him than what that had first recommended.

“I want to thank the Justice Department,” Trump said. “They saw the horribleness of a nine-year sentence for doing nothing. You have murderers and drug addicts, they don’t get nine years.”

But, Trump added, “I didn’t speak to” the department to get it to reduce the proposed sentence for Stone.

Timothy Shea, the new U.S. attorney for Washington, filed another sentencing memorandum Tuesday, calling for Stone to receive “far less” time behind bars than the original suggestion.

The Justice Department has said it decided to reduce the recommended sentence before Trump lashed out at the original proposal early Tuesday morning on Twitter.

“I’m not concerned about anything,” Trump said when asked if he was worried about the prosecutors resigning from the case.

“It was a whole hoax and a disgrace to our country,” Trump said of the case against Stone. “He was treated very badly.”


Company: cnbc, Activity: cnbc, Date: 2020-02-12  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, department, judge, pardon, request, roger, possible, justice, sentence, proposed, washington, reduce, stone, rejects, trial, secret, prosecutors, trump


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Oil climbs after Russia backs possible output cuts to counter coronavirus impact on demand

A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020. Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for crude as China battles the coronavirus epidemic that has hit global markets. Brent crude futures rose 32 cents, or 0.6%, to $55.25 a barrel by 0104, after falling 0.6% on Thursday. U.S. West Texas Intermediate (WTI) crude fu


A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.
Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for crude as China battles the coronavirus epidemic that has hit global markets.
Brent crude futures rose 32 cents, or 0.6%, to $55.25 a barrel by 0104, after falling 0.6% on Thursday.
U.S. West Texas Intermediate (WTI) crude fu
Oil climbs after Russia backs possible output cuts to counter coronavirus impact on demand Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-07
Keywords: news, cnbc, companies, oil, coronavirus, impact, climbs, opec, cuts, prices, wuhan, possible, crude, rose, russia, futures, demand, counter, output


Oil climbs after Russia backs possible output cuts to counter coronavirus impact on demand

A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.

Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for crude as China battles the coronavirus epidemic that has hit global markets.

Brent crude futures rose 32 cents, or 0.6%, to $55.25 a barrel by 0104, after falling 0.6% on Thursday. U.S. West Texas Intermediate (WTI) crude futures were up 26 cents, or 0.5%, at $51.21 a barrel, having gained 0.4% the previous session.

A panel advising the Organization of Petroleum Exporting Countries (OPEC) and allies led by Russia, known as the OPEC+ group, suggested provisionally cutting output by 600,000 barrels per day (bpd), three sources told Reuters on Thursday.

“We support this idea,” said Sergei Lavrov, Russia’s Foreign Minister, when asked about the proposal at a news conference in Mexico City later in the day.

Oil prices have fallen by more than a fifth since the outbreak of the virus in the city of Wuhan in China.

Chinese President Xi Jinping declared a “people’s war” on the epidemic as China’s Hubei province, where Wuhan is located, reported 69 new deaths, taking the total in the country to more than 600.

“The impact of the coronavirus on the oil market remains largely a Chinese demand story with weakening jet fuel demand and economic run cuts, but demand destruction outside of China has been minimal, for now,” RBC Capital Markets analysts said in a note.


Company: cnbc, Activity: cnbc, Date: 2020-02-07
Keywords: news, cnbc, companies, oil, coronavirus, impact, climbs, opec, cuts, prices, wuhan, possible, crude, rose, russia, futures, demand, counter, output


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SocGen posts earnings miss but touts possible stock buybacks

Societe Generale posted an earnings miss for the fourth quarter of 2019 on Thursday, but revealed plans for possible stock buybacks and said profitability would improve this year. It reported a net income of 654 million euros ($719.26 million) for the fourth quarter, slightly below market expectations. Here are some of the highlights for the fourth quarter:Revenues reached 6.2 billion euros for the quarter, vs. 5.9 billion euros a year ago. Operating expenses rose to 4.5 billion euros, from 4.45


Societe Generale posted an earnings miss for the fourth quarter of 2019 on Thursday, but revealed plans for possible stock buybacks and said profitability would improve this year.
It reported a net income of 654 million euros ($719.26 million) for the fourth quarter, slightly below market expectations.
Here are some of the highlights for the fourth quarter:Revenues reached 6.2 billion euros for the quarter, vs. 5.9 billion euros a year ago.
Operating expenses rose to 4.5 billion euros, from 4.45
SocGen posts earnings miss but touts possible stock buybacks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-06  Authors: silvia amaro
Keywords: news, cnbc, companies, socgen, possible, income, touts, stock, net, buybacks, quarter, million, fourth, posts, ratio, billion, euros, generale, earnings, societe, miss


SocGen posts earnings miss but touts possible stock buybacks

Societe Generale posted an earnings miss for the fourth quarter of 2019 on Thursday, but revealed plans for possible stock buybacks and said profitability would improve this year.

It reported a net income of 654 million euros ($719.26 million) for the fourth quarter, slightly below market expectations. Analysts were expecting a profit of 665.8 million euros for the quarter and 3 billion euros for the whole of 2019, according to data from Refinitiv. Societe Generale said net income reached 3.2 billion euros for the year.

Here are some of the highlights for the fourth quarter:

Revenues reached 6.2 billion euros for the quarter, vs. 5.9 billion euros a year ago.

CET 1 ratio stood at 12.7% at the end of December, vs. 10.9% a year ago.

Operating expenses rose to 4.5 billion euros, from 4.45 billion euros a year ago.

The bank had disappointed analysts at the end of the third quarter with lower-than-expected net income, but a stronger capital position boosted the appetite for the stock. This momentum in its capital position continued into the final quarter of the year with SocGen saying Thursday that it wants to keep its CET1 ratio above 12% in 2020. This ratio is a core measure of a bank’s financial strength.

“Basically 2019 was a year of transition, a very active period of transformation for the group. So in this scenery, we delivered pretty good results,” Philippe Heim, deputy CEO of Societe Generale, told CNBC.


Company: cnbc, Activity: cnbc, Date: 2020-02-06  Authors: silvia amaro
Keywords: news, cnbc, companies, socgen, possible, income, touts, stock, net, buybacks, quarter, million, fourth, posts, ratio, billion, euros, generale, earnings, societe, miss


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Russia’s reluctance for a production cut exposes possible crack in three-year-old OPEC alliance

Russia’s reluctance to jump on board a bigger OPEC production cut may signal a potential fissure within the oil producer alliance, known as OPEC plus. “They’re going to have to come up with a significant production cut, even if it’s for a limited tim. The U.S. industry continues to grow, pumping as much oil as is economically feasible, while the OPEC+ group has struggled a production cut of 1.8 million barrels a day. At $50, oil prices become challenging even for Russia’s industry which has oppo


Russia’s reluctance to jump on board a bigger OPEC production cut may signal a potential fissure within the oil producer alliance, known as OPEC plus.
“They’re going to have to come up with a significant production cut, even if it’s for a limited tim.
The U.S. industry continues to grow, pumping as much oil as is economically feasible, while the OPEC+ group has struggled a production cut of 1.8 million barrels a day.
At $50, oil prices become challenging even for Russia’s industry which has oppo
Russia’s reluctance for a production cut exposes possible crack in three-year-old OPEC alliance Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-06  Authors: patti domm
Keywords: news, cnbc, companies, production, russias, going, cut, threeyearold, crack, exposes, alliance, market, reluctance, opec, russia, saudi, meeting, china, oil, possible


Russia's reluctance for a production cut exposes possible crack in three-year-old OPEC alliance

Russia’s reluctance to jump on board a bigger OPEC production cut may signal a potential fissure within the oil producer alliance, known as OPEC plus.

Led by Saudi Arabia, other OPEC producers and Russia were considering an emergency meeting to cut production in response to the impact of the coronavirus, but it’s not now clear whether that will happen.

A committee advising the producers met for three days in Vienna and on Thursday recommended a 600,000 barrel a day reduction in production to bring relief to the oil market, according to reports. The Joint Technical Committee, made up of representatives of producing countries, is not a decision making entity, and it only makes recommendations to the ministers of OPEC countries and its allies, including Russia.

However, Russian Energy Minister Alexander Novak said time is needed to weigh any impact on the oil market from the virus, which has led to a steep decline in energy demand due to a massive shutdown of transportation within China and elsewhere.

OPEC’s regular meeting is set for March 5, but there were expectations it could hold an emergency session with Russia and other non OPEC allies next week. An earlier meeting was still possible, but there has been no announcement.

“The optics are not great. You hold a special technical meeting to look like you’re ahead of the situation. Now you’re in a muddle about what happened,” said Helima Croft, head of global commodities strategy at RBC. “We have two competing narratives. One, they agreed on a 600,000 barrel cut, and the other that the Russians rejected it.”

Croft, speaking from Vienna, said it is not unlike Russia to act “like a runaway bride” and come to the “altar at the last minute.” But the lack of a coherent message does raise questions about the group’s commitment to its longer term relationship.

International Brent crude futures, initially higher in Thursday trading, lost about 1.5% to just under $55 per barrel. West Texas Intermediate futures were off about 0.4% and were barely holding above $50 a barrel.

“OPEC gets itself into these predicaments where the market forces its hand, and this is one of those times,” said John Kilduff, partner with Again Capital. “They’re going to have to come up with a significant production cut, even if it’s for a limited tim. Someone is going to have to tighten the spigot.”

Kilduff said Saudi Arabia is making it clear it will not go alone with the cuts. “The lack of unity calls into question, really the whole scheme now. Even though the Russians agreed the last time around, there were real questions whether they were going to participate.” Russia was slow to join OPEC’s decision to extend the current cuts in December.

“Is the bloom off the rose?” said Croft, of the Russia-OPEC alliance. “Their [Russia’s] compliance has been challenged … If they are going to go against the will of some of the most powerful members of the organization, it raises questions of what is the health of the union.”

Russia and Saudi Arabia drove the alliance between the Organization of Petroleum Exporting Countries and non members, like Russia, that was formed in December, 2016. At the time, it united the world’s two biggest oil producers and others, in an effort to curb a glut in the world oil market, fueled in part by the growth of U.S. shale oil.

The U.S. has since surpassed both Russia and Saudi Arabia to become the world’s largest producer. The U.S. industry continues to grow, pumping as much oil as is economically feasible, while the OPEC+ group has struggled a production cut of 1.8 million barrels a day.

Now with the coronavirus reducing world energy demand, the pressure on OPEC+ is more intense and oil is sliding below price levels that many producers need to support their budgets. At $50, oil prices become challenging even for Russia’s industry which has opposed the production cuts from the start.

“At first, it looked like they came up with a recommendation, and it would hold us over to the next meeting, but now there’s back and forth on what the Russians agreed to or not agreed to. There’s an information vacuum, and someone is going to have to fill it,” said Croft.

Russian President Vladimir Putin and Saudi Arabia Crown Prince Mohamed bin Salman are said to have personally guided the alliance. On the ground, the partnership was initially fronted by Novak and former oil minister Khalid al-Falih, until MBS replaced him with his half-brother Prince Abdulaziz bin Salman last September.

“Novak’s just playing coy. He’s waiting to hear what Putin directs,” said John Kilduff, partner with Again Capital. Kilduff said Putin and MBS were reported to have spoken earlier this week.

Oil prices have fallen more than 20% from their early January high, and the sharp drop in demand from China comes as the market was already seeing softness. China has cut off transportation in a number of major cities and grounded all flights. Airlines have cut back flights both to China and Hong Kong.

Earlier Thursday, there were reports that China National Offshore Oil Corp. declared force majeure, which means it won’t take delivery of some liquefied natural gas cargoes because the coronavirus limits its ability to move import the fuel.

“There are rumors in the market of all other sorts of force majeures being declared as well,” said Kilduff. He said he expects oil demand to temporarily fall by 1 million to 2 million barrels a day.


Company: cnbc, Activity: cnbc, Date: 2020-02-06  Authors: patti domm
Keywords: news, cnbc, companies, production, russias, going, cut, threeyearold, crack, exposes, alliance, market, reluctance, opec, russia, saudi, meeting, china, oil, possible


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Iowa Democrats plan to release presidential caucus results ‘as soon as possible today’ after major tech glitch delays outcome

Participants gather for their preferred democratic presidential candidate during the first-in-the-nation Iowa caucus at the Drake University Knapp Center arena in Des Moines, Iowa, U.S., on Monday, Feb. 3, 2020. The Iowa Democratic Party said Tuesday that it plans to release the results of its presidential caucus “as soon as possible today” after a major — and embarassing — technology glitch prevented a winner in the contest being announced as scheduled Monday night. “We have every indication th


Participants gather for their preferred democratic presidential candidate during the first-in-the-nation Iowa caucus at the Drake University Knapp Center arena in Des Moines, Iowa, U.S., on Monday, Feb. 3, 2020.
The Iowa Democratic Party said Tuesday that it plans to release the results of its presidential caucus “as soon as possible today” after a major — and embarassing — technology glitch prevented a winner in the contest being announced as scheduled Monday night.
“We have every indication th
Iowa Democrats plan to release presidential caucus results ‘as soon as possible today’ after major tech glitch delays outcome Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-04  Authors: dan mangan jacob pramuk, dan mangan, jacob pramuk
Keywords: news, cnbc, companies, soon, sen, plan, issue, results, reporting, party, outcome, iowa, today, tech, major, data, possible, presidential, release, hampshire, democratic


Iowa Democrats plan to release presidential caucus results 'as soon as possible today' after major tech glitch delays outcome

Participants gather for their preferred democratic presidential candidate during the first-in-the-nation Iowa caucus at the Drake University Knapp Center arena in Des Moines, Iowa, U.S., on Monday, Feb. 3, 2020.

The Iowa Democratic Party said Tuesday that it plans to release the results of its presidential caucus “as soon as possible today” after a major — and embarassing — technology glitch prevented a winner in the contest being announced as scheduled Monday night.

“We have every indication that our systems were secure and there was not a cyber security intrusion,” the state’s Democratic Party said.

The Iowa party said that the results from tens of thousands of voters were delayed after an “accuracy and quality check” revealed “there were inconsistencies with the reports” of results from precinct caucuses compared to results on a new app that also was being used to record the outcomes from each precinct.

“As part of our investigation, we determined with certainty that the underlying data collected via the app was sound,” the party said.

“While the app was recording data accurately, it was reporting out only partial data.”

“We have determined that this was due to a coding issue in the reporting system,” the party said.

“This issue was identified and fixed. The application’s reporting issue did not impact the ability of precinct chairs to report data accurately.”

In the absence of official results, Democratic presidential hopefuls took the chance to tout their performances to supporters.

Pete Buttigieg even went as far as to declare himself the night’s winner as he looked ahead to the Feb. 11 New Hampshire primary.

“By all indications, we are going on to New Hampshire victorious,” the former South Bend, Ind., mayor said.

But Buttigieg also called the glitch “frustrating.”

All of the other leading contenders heading into Monday’s caucuses — Sen. Bernie Sanders, I-Vt., former Vice President Joe Biden, Sen. Elizabeth Warren, D-Mass., and Sen. Amy Klobuchar, D-Minn. — talked up their Iowa showings before they started to make their way to New Hampshire.


Company: cnbc, Activity: cnbc, Date: 2020-02-04  Authors: dan mangan jacob pramuk, dan mangan, jacob pramuk
Keywords: news, cnbc, companies, soon, sen, plan, issue, results, reporting, party, outcome, iowa, today, tech, major, data, possible, presidential, release, hampshire, democratic


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Watch CNBC’s full interview with Affirm CEO Max Levchin

Watch CNBC’s full interview with Affirm CEO Max LevchinMax Levchin, PayPal founder and Affirm CEO, joins “Squawk Alley” to discuss Facebook’s Libra, a possible Affirm IPO and more.


Watch CNBC’s full interview with Affirm CEO Max LevchinMax Levchin, PayPal founder and Affirm CEO, joins “Squawk Alley” to discuss Facebook’s Libra, a possible Affirm IPO and more.
Watch CNBC’s full interview with Affirm CEO Max Levchin Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-03
Keywords: news, cnbc, companies, libra, interview, levchin, levchinmax, cnbcs, ceo, max, affirm, paypal, squawk, watch, possible


Watch CNBC's full interview with Affirm CEO Max Levchin

Watch CNBC’s full interview with Affirm CEO Max Levchin

Max Levchin, PayPal founder and Affirm CEO, joins “Squawk Alley” to discuss Facebook’s Libra, a possible Affirm IPO and more.


Company: cnbc, Activity: cnbc, Date: 2020-02-03
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Three Japanese evacuees from Wuhan test positive for virus, two had no symptoms

Three Japanese evacuated from Wuhan on a government-chartered flight have been confirmed to be infected with the coronavirus — including two who had not shown any symptoms, the health ministry said on Thursday. The two were the first cases in Japan of people without symptoms being confirmed to have been infected with the virus, the ministry said. But the designation — which takes effect on Feb. 7 after ordinances are issued — does not apply to those without symptoms. Japan now has confirmed 11 c


Three Japanese evacuated from Wuhan on a government-chartered flight have been confirmed to be infected with the coronavirus — including two who had not shown any symptoms, the health ministry said on Thursday.
The two were the first cases in Japan of people without symptoms being confirmed to have been infected with the virus, the ministry said.
But the designation — which takes effect on Feb. 7 after ordinances are issued — does not apply to those without symptoms.
Japan now has confirmed 11 c
Three Japanese evacuees from Wuhan test positive for virus, two had no symptoms Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-30
Keywords: news, cnbc, companies, positive, told, cases, wuhan, evacuees, health, ministry, symptoms, test, japanese, possible, virus, tested


Three Japanese evacuees from Wuhan test positive for virus, two had no symptoms

Three Japanese evacuated from Wuhan on a government-chartered flight have been confirmed to be infected with the coronavirus — including two who had not shown any symptoms, the health ministry said on Thursday.

The two were the first cases in Japan of people without symptoms being confirmed to have been infected with the virus, the ministry said.

Japan on Tuesday designated illness caused by the new virus as “designated infectious disease”, which would allow compulsory hospitalization and the use of public funds to treat such patients. But the designation — which takes effect on Feb. 7 after ordinances are issued — does not apply to those without symptoms.

Inaugurating the government’s special task force for the coronavirus, Prime Minister Shinzo Abe said the government would take all steps possible to prevent the spread of the virus. Among the measures, the government would confirm contact information of all entrants into Japan who have a record of staying in Wuhan and conduct health checks.

Japan now has confirmed 11 cases of the virus, including a tour bus driver who was infected after coming into contact with Chinese visitors.

The three new cases were among 206 Japanese who were evacuated to Tokyo on Wednesday from Wuhan, the epicenter of the epidemic.

Of those evacuees, 12 were hospitalized because they had symptoms such as fever and coughing, and two refused to be taken to the hospital for checks but were escorted home. The remaining 201 all tested negative, a ministry official told a briefing.

Asked about concerns over the possible transmission of the virus from people who have not shown symptoms, the official said it was not clear whether that had happened.

Shigeru Omi, head of the Japan Community Health Care Organization, told the same briefing that there were reports of such transmission cases in China.

Chinese National Health Commission Minister Ma Xiaowei on Sunday said the virus was infectious during incubation, which can range from one to 14 days, which was not the case with Severe Acute Respiratory Syndrome (SARS).

Abe told parliament it was regrettable that two of Wednesday’s returnees had declined to be tested but said there were limits to what the government could do legally.

“It is extremely unfortunate that they declined to be tested,” Abe told a parliamentary panel. “There are no legal constraints (on those without symptoms). There are civil rights aspects and there are limits to what we can do.”

Abe also said the government would keep an eye on the possible economic fallout on tourism and other areas and would do everything necessary to protect people’s lives and health.

A second charter flight carrying 210 Japanese nationals arrived at Tokyo’s Haneda airport on Thursday morning. Chief Cabinet Secretary Yoshihide Suga told a news conference that 13 who returned on Thursday felt unwell.


Company: cnbc, Activity: cnbc, Date: 2020-01-30
Keywords: news, cnbc, companies, positive, told, cases, wuhan, evacuees, health, ministry, symptoms, test, japanese, possible, virus, tested


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CDC is monitoring 110 possible coronavirus cases across 26 states in US

U.S. health officials are currently monitoring 110 people across 26 states for the coronavirus, including the five patients who contracted the deadly infection in China and brought it back to America. “We understand that many people in the United States are worried about this virus and how it will affect Americans,” Messonnier said. The CDC is trying to speed up testing and to get the tests in the hands of state health officials. U.S. health officials have warned that the flu or other respirator


U.S. health officials are currently monitoring 110 people across 26 states for the coronavirus, including the five patients who contracted the deadly infection in China and brought it back to America.
“We understand that many people in the United States are worried about this virus and how it will affect Americans,” Messonnier said.
The CDC is trying to speed up testing and to get the tests in the hands of state health officials.
U.S. health officials have warned that the flu or other respirator
CDC is monitoring 110 possible coronavirus cases across 26 states in US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-27  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, cdc, china, outbreak, virus, monitoring, officials, health, states, cases, patients, incubation, wuhan, saidthe, possible, 110, coronavirus


CDC is monitoring 110 possible coronavirus cases across 26 states in US

U.S. health officials are currently monitoring 110 people across 26 states for the coronavirus, including the five patients who contracted the deadly infection in China and brought it back to America.

The disease, which has killed at least 81 people in China and sickened more than 2,800 worldwide, isn’t spreading within the community in the U.S. and the risk to the public right now is still considered low, Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases, told reporters on a conference call Monday.

“We understand that many people in the United States are worried about this virus and how it will affect Americans,” Messonnier said. “Every day we learn more, every day we assess to see if our guidance or our response can be improved.”

The number of “patients under investigation” in the U.S. has almost doubled from the 63 the Centers for Disease Control and Prevention said were under surveillance on Thursday. The CDC says 32 people have tested negative for the virus.

“While that number is 110, we are certainly prioritizing based on [patients under investigation] that might be at higher risk,” Messonnier said.

The CDC confirmed Sunday a fifth U.S. case of the virus — a patient in Maricopa County, Arizona, who recently traveled to Wuhan, China, the epicenter of the disease’s outbreak and where the majority of cases have been reported.

Messonnier said the CDC has screened roughly 2,400 people flying from Wuhan to five major U.S. airports and is considering expanding its screening. The agency increased its travel warning for all of China, asking people traveling to practice “enhanced precautions.”

“This outbreak is unfolding rapidly and we are rapidly looking at how that impacts our posture at the border. We’re certainly considering broadening of that screening,” she said.

Coronaviruses are a large family of viruses that usually infect animals but can sometimes evolve and spread to humans. Symptoms in humans include fever, coughing and shortness of breath, which can progress to pneumonia. Physicians have compared it to the 2003 outbreak of SARS, which had a short incubation period of two to seven days.

China’s National Health Commission minister, Ma Xiaowei, said on Sunday that the incubation period could range from one to 14 days, and the virus was infectious during incubation, unlike the outbreak of severe acute respiratory syndrome, Reuters reported.

On Monday, the CDC said it hasn’t seen “any evidence of patients being” infected “before onset.”

Messonnier said the incubation period for the new virus is somewhere between two and 14 days. There’s been some debate over how contagious the disease is and she said it may not be known for a while.

“This outbreak is really unrolling in front of our eyes,” she said.

The so-called R naught, a mathematical equation that shows how many people will get an illness from each infected person, is somewhere around 1.5 to 3, she said. Measles, which is one of the most contagious infections in the world, has an R naught of around 12 to 18, by comparison, she said.

The CDC is trying to speed up testing and to get the tests in the hands of state health officials. It currently takes the CDC about four to six hours to make a diagnosis once a sample makes it to its lab.

U.S. health officials have warned that the flu or other respiratory illnesses could complicate identifying more cases. They recommend that people call a health-care provider before seeking treatment so the appropriate measures can be put in place.

In China, some 50 million people are now under travel restrictions. Shanghai Disney is closing until further notice at a time when the theme park would normally be packed with tourists during the Lunar New Year holiday. Starbucks and McDonald’s also closed stores in Hubei province where Wuhan is located.

The WHO’s director-general, Dr. Tedros Adhanom Ghebreyesus, is traveling to Beijing to meet with government and health officials. According to the organization, more data needs to be collected before the virus, which can spread through human-to-human contact, is declared a global health emergency. The WHO declined at two emergency meetings last week to say it was a worldwide emergency.


Company: cnbc, Activity: cnbc, Date: 2020-01-27  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, cdc, china, outbreak, virus, monitoring, officials, health, states, cases, patients, incubation, wuhan, saidthe, possible, 110, coronavirus


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CDC confirms second US case of coronavirus and is monitoring 63 other possible infections

U.S. health officials said they diagnosed a second patient with the China coronavirus after a Chicago woman returned from Wuhan with the infection, and they are currently monitoring 63 other potential cases here. Officials said the patient, a woman in her 60s, is currently doing well and is in stable condition. She remains isolated in a hospital as a precaution, U.S. health officials said. U.S. health officials warned Friday that the flu or other respiratory illnesses could complicate identifyin


U.S. health officials said they diagnosed a second patient with the China coronavirus after a Chicago woman returned from Wuhan with the infection, and they are currently monitoring 63 other potential cases here.
Officials said the patient, a woman in her 60s, is currently doing well and is in stable condition.
She remains isolated in a hospital as a precaution, U.S. health officials said.
U.S. health officials warned Friday that the flu or other respiratory illnesses could complicate identifyin
CDC confirms second US case of coronavirus and is monitoring 63 other possible infections Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-24  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, state, possible, china, case, confirms, cdc, health, cases, second, officials, currently, respiratory, infections, monitoring, coronavirus, patient


CDC confirms second US case of coronavirus and is monitoring 63 other possible infections

U.S. health officials said they diagnosed a second patient with the China coronavirus after a Chicago woman returned from Wuhan with the infection, and they are currently monitoring 63 other potential cases here.

The cases currently being monitored in the U.S. stretch across 22 different states, including the first patient in Washington state and the new case in Illinois, Dr. Nancy Messonnier, the director of the National Center for Immunization and Respiratory Diseases, told reporters on a conference call hosted by the Centers for Disease Control and Prevention on Friday.

Officials said the patient, a woman in her 60s, is currently doing well and is in stable condition. She remains isolated in a hospital as a precaution, U.S. health officials said. The Illinois patient traveled to China in late December and began experiencing symptoms when she returned to the U.S. last week, officials said. She did not have symptoms while flying, they said.

Upon returning to the U.S., the patient had very limited movement from outside her home and did not use public transportation or attend any large gatherings, they said.

“CDC believes the immediate risk to the U.S. public is low at this time, but the situation is evolving rapidly,” she said, adding that there is likely to be more cases in the coming days. “We have our best people working on this problem.”

The flu-like coronavirus, first identified on Dec. 31, has already killed at least 26 people and infected more than 900 worldwide.

On Tuesday, the CDC confirmed the country’s first case — a Washington state man who has been quarantined in a hospital outside of Seattle after flying back from Wuhan, China. The CDC said the man reached out to local health authorities last week once he started experiencing pneumonia-like symptoms.

U.S. health officials warned Friday that the flu or other respiratory illnesses could complicate identifying more cases. They recommend that people call a health-care provider before seeking treatment so the appropriate measures can be put in place. The CDC is trying to speed up testing and to get the tests in the hands of state health officials. It currently takes the CDC about four to six hours to make a diagnosis once a sample makes it to their lab.

“We’re really working to understand the full spectrum of the illness with this coronavirus,” Messonnier said. “The problem with this time of year is it’s cold and flu season and there are lots of cold and respiratory infections circulating.”

This is a developing story. Please check back for updates.


Company: cnbc, Activity: cnbc, Date: 2020-01-24  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, state, possible, china, case, confirms, cdc, health, cases, second, officials, currently, respiratory, infections, monitoring, coronavirus, patient


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