Coronavirus update: U.S. death toll tops 90,000 as Trump slams WHO
The U.S. death toll from the coronavirus that causes COVID-19 rose above 90,000 on Tuesday, as President Donald Trump again threatened to cut off funding for the World Health Organization, accusing its leaders of failing to react quickly or aggressively enough at the start of the outbreak.
Hydroxychloroquine is known to have potentially severe side effects, including heart-rhythm problems. Trump said that, while it was not recommended by his doctor, he requested the drug from the White House physician, Dr. Sean Conley. The FDA in March granted an emergency-use authorization to hydroxychloroquine and chloroquine as COVID-19 treatments. Since then, a number of trials have been launched, including by the National Institute of Allergy and Infectious Diseases , which is testing it on 2,000 patients with mild and moderate cases of the virus.
But the data, which the paper said included a third unforced error in three weeks on the state’s part, was scrambled, with dates mixed up and in the wrong order. Some experts said it appeared to show manipulation. Latest tallies There have been 1,649 deaths from COVID-19 in Georgia, according to data aggregated by Johns Hopkins University, the 14th highest death toll among states. The state has more than 36,000 cases, according to a New York Times tracker.
What’s the economy saying? The latest data showed that housing starts fell 30% to a seasonally adjusted annual rate of 891,000 in April from March as the pandemic halted most construction activity.Permitting activity for newly built homes fell 20.8% between March and April to a seasonally adjusted annual rate of 1.07 million.
Home-improvement retailer Home Depot Inc. HD, -1.54% had a less promising quarter and withdrew its guidance. Home Depot missed profit expectations, but sales rose more than forecast thanks to strength at the start of the quarter. Home Depot announced a regular quarterly dividend of $1.50 a share, bucking the trend that has seen many companies suspend shareholder reward programs, including dividends and share buybacks.In the airline sector, Southwest Airlines Co. LUV, +5.
• Shaving accessories maker Edgewell Personal Care Co. EPC, -1.45% is commencing a private offering of $600 million in unsecured, unsubordinated notes that mature in 2028. Proceeds will be used to redeem the existing 4.700% senior notes that mature in 2021. • MGM Resorts International MGM, +2.18% will start reopening its casinos in Mississippi, in a limited capacity, on May 25. The reopening will start with the casino operator’s Gold Strike Casino Resort in Tunica, followed by the reopening of Biloxi’s Beau Rivage Resort and Casino on June 1. The company said each casino will host an “invitation-only” weekend ahead of the public reopening.
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