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Monday, July 13, 2020
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Coronavirus live updates: As global infections top 6 million, LA suspends testing after riots rock city

As demonstrations erupted in major U.S. cities throughout the nation in response to the loss of life of unarmed black man George Floyd, peaceable protests turned ugly as demonstrators set fires, looted shops and clashed with riot police. The destruction prompted Los Angeles to droop coronavirus testing Saturday afternoon as a consequence of security considerations.

“We have been notified that all #COVID-19 testing centers throughout LA will be closed until further notified. A troubling consequence of social breakdown prompted by excessive use of force resulting in the death of another unarmed African American man, Mr. George Floyd,” in line with a tweet by Los Angeles County Supervisor Mark Ridley Thomas.

This is CNBC’s stay weblog masking all the newest information on the coronavirus outbreak. This weblog can be up to date all through the day because the information breaks. 

  • Global circumstances: More than 6.08 million
  • Global deaths: At least 369,544
  • U.S. circumstances: More than 1.77 million
  • U.S. deaths: At least 103,781

The knowledge above was compiled by Johns Hopkins University.

Even as they ask for extra, states are reluctant to spend virus support

10:27 a.m. ET — Uncertainty and worry amongst amid the coronavirus pandemic have Americans hoarding money and pushing aside spending, sending the financial savings charge to historic ranges. The personal savings rate hit a record 33% in April, the U.S. Bureau of Economic Analysis mentioned Friday.

Turns out, they don’t seem to be the one ones reluctant to open up their wallets.  

Many states have not spent the federal funds they acquired greater than a month in the past to assist with hovering coronavirus-related prices, the Associated Press reported. Their unwillingness to half with the help is complicating governors’ claims that they want tons of of billions extra to climate the disaster.

“If I knew today that another billion dollars was coming to Rhode Island to help solve our budget deficit, I’d spend the $1.25 billion now,” Democratic Gov. Gina Raimondo informed AP. When requested about different states which have began spending the help, she mentioned: “They’re taking a gamble, and I’m just not ready to do that yet.” —Terri Cullen

The University of Michigan takes steps to carry college students again on campus

University of Michigan

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9:44 a.m. ET — The University of Michigan informed CNBC it’s taking steps to carry college students again on campus this fall.

“The average student is very anxious to get out of mom and dad’s basement and come back to school,” President Mark Schlissel mentioned.

As Jessica Dickler reports, Schlissel is “very optimistic” the college will have the ability to host what he known as a “public-health-informed residential semester.” —Terri Cullen

Google alumni reunite to help households with dwelling studying

9:05 a.m. ET — Since Covid-19 hit, a number of ex-Google staff have digitally reunited with one another in efforts to help households making an attempt to high school their youngsters from dwelling amid shelter orders.

“Many know that access to work at companies like Google begin at the youngest levels and are passionate about using their background and abilities to help others get there,” Fong mentioned. “Also, many are now having kids so it’s also a personal interest area and they can understand the customer (parents and kids).”

One of them, Jonathan Rochelle, spent greater than a decade on the firm, the place he led a number of the firm’s training efforts. The former staff and executives, which hail from Google, Youtube, Cloud and different areas of the corporate, should not solely utilizing their technical expertise to attach mother and father, however they’re additionally fielding broader questions on what the way forward for training will appear to be. —Jennifer Elias

After recovering from Covid-19, Pure Storage CEO plots sluggish reopening of firm places of work

8:55 a.m. ET — Charlie Giancarlo, CEO of information heart {hardware} maker Pure Storage, began the corporate’s earnings name on Thursday by saying he himself had contracted and recovered from the coronavirus. Analysts mentioned they had been glad he was feeling higher.

In an interview with CNBC on Friday Giancarlo described his expertise and mentioned that the corporate can be cautious because it reopens places of work to staff. He mentioned he is aware of how dangerous the illness might be. —Jordan Novet

Read CNBC’s earlier coronavirus stay protection right here: EU asks U.S. to reconsider cutting ties with WHO as India extends lockdown in ‘containment zones.’

The Associated Press contributed to this weblog.

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