Trump says military will distribute vaccine this year

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President Donald Trump is expected to appoint a former pharmaceutical executive on Thursday to lead Operation Warp Speed, the push to accelerate the development of a Covid-19 vaccine. Trump has said he believes a vaccine will be ready for distribution before the end of the year, a schedule some scientists have disputed as unrealistic.

Also on Thursday, ousted federal vaccine scientist Dr. Rick Bright is scheduled to testify before a House health subcommittee, where he plans to warn Congress that without a more coordinated response, “2020 will be winter the darkest in modern history. ” Bright filed a complaint with a whistleblower after his dismissal last month as director of the Biomedical Advanced Research and Development Authority. The agency is a key player in the federal coordination of vaccine development.

Unemployment claims continue to rise, with 2.9 million more Americans filing for unemployment. This brings the total since the start of the crisis to 36.5 million. Unemployment was 14.7% in April.

This is CNBC’s live blog covering all the latest news on the coronavirus epidemic. All times below are Eastern time. This blog will be updated throughout the day as news becomes available.

  • Global cases: more than 4.3 million
  • Deaths worldwide: at least 297,491
  • Cases in the United States: more than 1.3 million
  • Deaths in the United States: at least 84,136

The above data was compiled by Johns Hopkins University.

8:49 a.m .: CVS will start offering Covid-19 tests to some of its driving services

A CVS offers a self-test for coronavirus while driving.

Source: CVS

Friday, CVS Health will begin offering Covid-19 tests in some of its drive-through windows.

The company has announced that it will open more than 50 additional test sites in pharmacies. The test sites are located in Arizona, Connecticut, Florida, Massachusetts and Pennsylvania. CVS has announced plans to open hundreds of similar test sites within two weeks.

To take a test, people must make an appointment on the CVS website and meet the criteria for the Centers for Disease Control and Prevention. Those who qualify will stay in their cars and receive a self-swab test. Test results will be available in approximately three days after being sent to a third party laboratory.

CVS is one of five retailers that have opened several driving test sites across the country. In late April, the company announced that it would have 1,000 test sites by the end of May, but that “it depends on the availability of supplies and the capacity of the laboratories.” The company has already opened drive-through service locations in large parking lots, such as the Georgia Tech campus in Atlanta. —Melissa Repko

8:33 a.m .: 2.9 million more Americans applied for unemployment

The number of Americans applying for unemployment insurance increased by 2,981 million, bringing the total during the coronavirus pandemic to 36.5 million.

The number of unemployed has declined since the peak on March 28, but tens of millions of Americans who lost their jobs have still not returned to work even when state governments reopened the economy in parts of the United States. United. Persistent unemployment claims increased from 456,000 to 22.83 million.

The unemployment rate rose to 14.7% in April, according to the Labor Department. It’s the highest unemployment rate in the United States since World War II. —Spencer Kimball, Jeff Cox

7:50 a.m .: Amazon builds face shields for front-line workers

7:10 am: Trump says he will mobilize the military to deliver the vaccine when there is one

A paratrooper assigned to the 1st Brigade Combat Team, 82nd Airborne Division, prepares for an airborne operation at Fort Bragg, N.C., May 7.

Spc. Hubert Delany III | The American army

The US military will distribute doses of the Covid-19 vaccine when there is one, said President Donald Trump, according to Reuters.

“You know it’s a huge job to give this vaccine,” said Trump in an interview with Fox Business Network. “Our soldiers are now mobilized, so at the end of the year, we will be able to give it to a lot of people very, very quickly. “

He added that he expects to receive a vaccine by the end of the year, Reuters reported. However, scientists have not expressed the same confidence. Members of the White House task force have repeatedly stated that a vaccine would take 12 to 18 months to develop, but even that would be a record time for the development of a safe and effective vaccine. —Will Feuer

7:05 a.m .: WHO warns that it could take up to 5 years before the epidemic is brought under control

The chief scientist of the World Health Organization has warned of the persistence of the coronavirus pandemic, which may not be brought under control until 2025.

The grim forecast comes at a time when the global death toll from coronaviruses is approaching the grim threshold of 300,000.

Dr. Soumya Swaminathan said on Wednesday at the Financial Times’ Global Times webinar: “I would say that within 4 to 5 years, we could consider controlling this. “-Sam Meredith

7:00 a.m .: Unemployed Americans Can Now Get Headspace For Free

The Mindfulness Headspace app offers free one-year subscriptions to all unemployed people in the United States to support those affected by the coronavirus pandemic. Eligible people can register here as early as Thursday.

“As a company dedicated to improving the health and happiness of the world, we take our responsibility to help support the mental health of people very seriously. This is our promise today and for all that tomorrow has in store for us, “said Rich Pierson, CEO of Headspace. —Jessica Bursztynsky

6:49 am: France invests $ 1.4 billion in the tourism sector

A woman wearing a protective mask rides her bike next to the Eiffel Tower on April 23, 2020 in Paris, France.

Chesnot | Getty Images

France plans to invest $ 1.4 billion in the country’s troubled tourism sector to help businesses linked to the sector overcome the coronavirus shutdown, Reuters reported. Almost 90 million people visited France in 2018, according to government data, making it the most visited country in the world that year.

“What is good for the tourism industry is often good for the whole of France,” said Prime Minister Edouard Philippe.

Tourism accounts for around 7% of France’s GDP, according to Reuters. —Will Feuer

Read CNBC coverage by CNBC Asia Pacific and Europe teams overnight here: The cases of Russia pass 250,000; EU says vaccine could take a year

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