Coronavirus update: Cases in Midwest and Mountain West start to strain hospitals
The U.S. death toll from the coronavirus illness COVID-19 was heading for 216,000 on Wednesday, driven by a spike in new cases in the Midwest and Mountain West that are starting to fill hospital beds and squeeze health-care systems.
iframe.twitter-tweet { width: 100% !important; } The U.S. added 54,403 new cases on Tuesday, according to a New York Times tracker, and at least 826 people died. In the last week, the U.S. has seen an average of 52,141 cases a day, up 21% from the average two weeks ago. Don’t miss:New England Journal of Medicine says Trump should be voted out over pandemic management as U.S. death toll tops 212,000
• French President Emmanuel Macron will address his country later Wednesday and is expected to announce tougher measures to contain the virus spread, amid concerns that intensive-care units in Paris will be packed with COVID-19 patients as soon as next week. France is experiencing a steep rise in new infections, setting a record on Saturday when 26,896 new infections were identified, according to local media reports.
Brazil has the second highest death toll at 150,998 and is third by cases at 5.1 million. India is second in cases with 7.2 million, and third in deaths at 110,586. Lilly said last week that it had submitted a request for an emergency-use authorization to the Food and Drug Administration for LY-CoV555 as a stand-alone treatment based on data from a separate trial evaluating the investigational therapy in patients with mild to moderate symptoms.
• Bank of America Corp. BAC, -3.92% reported a third-quarter profit that topped expectations but revenue that fell shy. Total revenue declined 10.8% to $20.34 billion, missing the FactSet consensus of $20.8 billion, as the global markets, global banking and global wealth and investment-management segments missed expectations during the pandemic, while consumer banking topped forecasts. Net interest income fell 16.9% to $10.13 billion, just shy of the FactSet consensus of $10.24 billion.
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