Why Coronavirus News Is Good News for General Electric Stock Today

What happened

General Electric (NYSE:GE) stock is generally best known for its industrial businesses building jet airplane engines and gas-fired turbines for energy production. But in this age of the coronavirus, it’s COVID-19 news that is driving GE stock 3.6% higher as of 1:50 p.m. EST Monday.

So what

This morning, GE Healthcare announced it has developed the world’s first X-ray artificial intelligence algorithm to assist doctors working to help critically ill COVID-19 patients with their breathing.  

GE’s announcement relates to its Critical Care Suite 2.0 software system, which the company says can help clinicians “assess Endotracheal Tube (ETT) placement for intubated patients, including critical COVID-19 patients.” Although it’s just one of five AI “solutions” offered by the suite, this one is arguably the timeliest.

Embedded in a mobile x-ray device, it helps doctors with “automated measurements, case prioritization and quality control,” and quickly shows doctors on an X-ray where

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China beat the coronavirus with science and strong public health measures, not just with authoritarianism

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)

(THE CONVERSATION) I live in a democracy. But as Thanksgiving approaches, I find myself longing for the type of freedom I am seeing in China.

People in China are able to move around freely right now. Many Americans may believe that the Chinese are able to enjoy this freedom because of China’s authoritarian regime. As a scholar of public health in China, I think the answers go beyond that.

My research suggests that the control of the virus in China is not the result of authoritarian policy, but of a national prioritization of health. China learned a tough lesson with SARS, the first coronavirus pandemic of the 21st century.

How China flattened its curve


Barely less than a year ago, a novel coronavirus emerged in Wuhan, China, with 80,000 cases identified within three months,

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Coronavirus testing panic grips Shanghai airport

“Just let me go,” shouts one man in the crowd. “I don’t want to die here,” cries out another.

The reason that more than 17,000 employees were sealed inside Shanghai’s main airport on Sunday? Seven cases of coronavirus linked to the cargo unit.

By Monday morning, Shanghai was back on message, with local officials announcing that 17,719 airport cargo workers had been tested for coronavirus in one night. All of the 11,544 test results received so far came back negative, they said. Official videos showed workers waiting in orderly lines for testing, set to soothing piano music.

Left unanswered was where the workers are now. An airport spokesman declined to say on Monday if they were still in the airport, taken to quarantine, or allowed to go home.

Earlier at a news conference, officials blamed a cargo flight from North America as the possible source of the outbreak, while promising

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The Latest: LA Rams player tests positive for coronavirus | Sports

The Latest on the effects of the coronavirus outbreak on sports around the world:

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The Los Angeles Rams will hold their team meetings from home Wednesday after an unidentified player tested positive for coronavirus Tuesday night.

The player is self-quarantining, and the Rams say they are “entering intensive protocol.” The Rams were scheduled only for a light walkthrough practice Wednesday with an extra-long week of preparation for their game at Tampa Bay on Monday night.

Rams players and coaches will hold their normal meeting schedule from home. They haven’t determined their schedule for the rest of the week.

Los Angeles center Brian Allen was the first NFL player to confirm he had tested positive for coronavirus back in April. Other Rams players who have already recovered from COVID-19 infections include left tackle Andrew Whitworth and linebacker Terrell Lewis.

The Rams (6-3) beat the Seattle Seahawks 23-16 last Sunday to

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A sulfur molecule to block the coronavirus — ScienceDaily

The cell membrane is impermeable to viruses: to get inside and infect a cell, they use a range of strategies to exploit the cellular and biochemical properties of the membranes. The thiol-mediated uptake of organic molecules similar to alcohols, where oxygen is replaced by a sulfur atom, is one of the entry mechanisms, with its use by Human Immunodeficiency Virus (HIV) demonstrated a few years ago. No effective inhibitor is currently available because of the robustness of the chemical reactions and bonds at work.

A research group from the University of Geneva (UNIGE) has identified inhibitors that are up to 5,000 times more effective than the one most often used today. Preliminary tests — published and available free of charge in Chemical Science, the flagship journal of the Royal Society of Chemistry — demonstrate the blocking of the cellular entry of viruses expressing the SARS-CoV-2 proteins. The study paves

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Coronavirus cuts off travel to total solar eclipse in Chile, Argentina

If it sounds like an otherworldly experience, that’s because it’s sure to be. And it’s one that thousands have eagerly been preparing for leading up to a Dec. 14 total solar eclipse that will track across Chile and Argentina.

But virtually none will be able to go, thanks to the ongoing coronavirus pandemic. Both countries have sealed their borders to international tourism and show no signs of reversing that decision before the once-in-a-lifetime celestial spectacle.

Even veteran eclipse chasers such as Jay Pasachoff, a professor of astronomy at Williams College say this year’s eclipse is far from a routine venture for those even able to go.

“This year is the worst,” Pasachoff said.

He’s one of three people globally to hold the world record for eclipse-chasing, having witnessed 35 total solar eclipses since his first in 1959. That one, which he and fellow classmates in his freshman seminar viewed from

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New Orleans schools struggle to keep kids in class as the pandemic drags on, challenging families | Coronavirus

Lio Schaefer had long struggled with school attendance. Because he was bored and frequently felt ignored in class, he said he often skipped junior year classes at New Orleans Charter Science and Mathematics High School.

By the time the coronavirus pandemic hit last spring, Schaefer was in a group home for youths with behavioral problems. When he returned to live with his mother he could have re-enrolled in Sci-High. But worries of contracting the virus, coupled with an online learning platform he had no interest in turned that decision from a maybe to a no.

Coronavirus cases have tripled in New Orleans public schools in a week, prompting district leaders to urge students and staff to limit gatheri…

“Going back to high school just seemed like a bad idea,” the 17-year-old said.

Schaefer’s story is a cautionary tale. Despite massive efforts to ramp up virtual instruction and make learning possible

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Politics, Science and the Remarkable Race for a Coronavirus Vaccine

The president was especially enthusiastic about that aim. At a March 2 White House meeting, as Mr. Bancel and other pharmaceutical executives outlined their vaccine plans, Dr. Fauci cautioned that it would be a “year to a year and a half” before doses could reach the broader public.

Mr. Trump replied, “I like the sound of a couple of months better.”

Warp Speed had two leaders. In charge of science was Dr. Slaoui, who had led research and development at the drug maker GlaxoSmithKline for years and had served on Moderna’s board of directors. In charge of logistics was Gen. Gustave F. Perna, a four-star general who led the Army Matériel Command.

The operation, working out of a seventh-floor suite and a second-floor operations center at the Health and Human Services headquarters, had a military flavor. Its leaders discussed the book “Freedom’s Forge,” an account of how American industry armed

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Why Airbnb is going public amid the coronavirus pandemic

  • Airbnb has filed to go public, even though the pandemic caused some major financial troubles at the company, leading it to take out two high-interest rate loans and lay off a quarter of the staff.
  • By going public now, the company can raise money to pay off the loans without having to pay an additional $1 billion in interest over five years.
  • Employees will also be able to sell off some of their equity, raising employee morale during a tough year with unprecedented layoffs. 
  • The company also outperformed hotel-centric competitors like Bookings.com and Expedia, differentiating itself during a tough year for travel.
  • Visit Business Insider’s homepage for more stories.

Airbnb finally filed for its much-anticipated IPO on Monday, the most concrete move it has taken towards going public in a tumultuous year for the home-sharing and hospitality giant.

Airbnb’s September 2019 announcement of its intention to go public was made

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Criminals launder coronavirus relief money through Venmo, Cash App, Paypal and other apps

Criminals are laundering illegally obtained funds meant for Covid-19 relief through the most popular apps for legally sending and receiving money, law enforcement officials say.

Cash App, Venmo, Zelle and PayPal have become portals to easily move money, making transactions more difficult to trace.

“I’ve never seen, in my 28 years’ experience, the amount of fraud that I’ve seen currently,” Roy Dotson, an assistant to the special agent in charge of the Secret Service, told CNBC. “And I think that’s just based sheerly on the amount of money the CARES Act allocated into Covid-related fraud and stimulus.”

Dotson said fraudsters find so-called “money mules” to deposit funds into the apps, then move them from one account to the other in an effort to hide the source of the funds. He described the volume of fraud as “inevitable” based on the size of the program.

Roy Dotson, assistant to the special
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