Yet the virus continues to spread quickly in parts of Latin America and Eastern Europe, according to the World Health Organization. Brazil’s workload and death rate are particularly striking, although Reuters reports that President Jair Bolsonaro has threatened to withdraw his country from WHO.
This is CNBC’s live blog covering all the latest news on the coronavirus epidemic. This blog will be updated throughout the day as news becomes available.
- Global cases: more than 6.77 million
- Deaths worldwide: at least 395,800
- Cases in the United States: more than 1.9 million
- Deaths in the United States: at least 109,200 dead
The above data was compiled by Johns Hopkins University.
Trial accuses Amazon of “botched contact tracing”
11:15 am EST – A federal lawsuit launched Wednesday by three Amazon warehouse workers accuses the company of “botched contact tracking” and of failing to follow appropriate guidelines set by the Centers for Disease Control and Prevention and other public health agencies to monitor and prevent the spread of Covid-19 coronavirus among workers.
For example, after an Amazon employee has tested positive for Covid-19, the company reviews the video footage to determine which other employees may have been exposed to the virus, but Amazon does not interview the infected person for a more complete picture, in accordance with CDC guidelines. , alleges the trial.
Last week, Amazon informed employees of several new cases at Amazon’s Staten Island plant, known as JFK8, where the complainants are all employed, according to the lawsuit. In a statement, Amazon told CNBC that the company had always followed the advice of federal and local health authorities. Read Annie Palmer’s full report for CNBC here. –Tom Huddleston Jr.
Amazon drivers begin delivery routes as workers at Amazon warehouse in Staten Island, New York, prepare to quit their jobs by demanding enhanced protection and paying after multiple workers establishment have been diagnosed with COVID-19.
Paul Hennessy | Barcroft Media | Getty Images
Economists again speak of a V-shaped recovery, says surprising employment report
10:45 a.m.ET – Discussions on a V-shaped recovery resumed after a surprise report from the Bureau of Labor Statistics on Friday showing falling unemployment, contrary to expectations.Jan Hatzius, chief economist at Goldman Sachs, said in a notes that the report marks the “start of the labor market recovery”, while Tom Porcelli, chief economist in the United States at RBC Capital Markets, called May’s job gains “only the beginning”.
Yet experts say there is a long way to go. The 2.5 million jobs won in May represent only a small fraction of the jobs lost in March and April, and varying levels of social distancing restrictions remain in place across the country. Scott Clemons, chief investment strategist at Brown Brothers Harriman, said the recent rally in stocks was the market’s anticipation of a recovery in activity. “It seems to be happening faster than anyone expected,” he said. – Tucker higgins
After the pandemic, you might find a robot that does your job
10:22 a.m.ET – In times of downturn, companies typically invest in automation to save on labor costs. Thanks to the coronavirus pandemic, we will see even more, according to the futurist and author Ravin Jesuthasan, who has written four books on the future of work and is a member of the World Economic Forum’s Work and Employment Steering Committee. Annie Nova of CNBC has the full report. – Kenneth Kiesnoski
Source: Ravine Jesuthasan
Please wait in your car until we call you
10:00 am ET – Business owners are being creative with their reopening strategies, trying to balance the need to protect staff and customers during a pandemic with the desperate desire to return to work.
From treadmills surrounded by translucent plexiglass barriers to parking lot waiting rooms, this is what you can expect to see as America gets back to work. Cory Stieg of CNBC has the full report. – Elisabeth Butler Cordova
How and when professional sport can return
9:50 am EST – So many sports fans are ready for the return of some semblance of professional sports. Brian Clark and Jordan Smith of CNBC explain what it might look like in the video below. –Elisabeth Butler Cordova