Categories
Health

Virus Misinformation Spikes as Delta Circumstances Surge

In the past few weeks, the vast majority of the most heavily engaged social media posts with misinformation about the coronavirus came from people who came to light last year through questioning the vaccines.

In July, right-wing commentator Candace Owens jumped on the false testimony of the British scientific advisor. “That’s shocking!” She wrote. “60% of people hospitalized in England with # COVID19 have received two doses of a coronavirus vaccine, according to the government’s chief scientific adviser.”

After scientific advisor Patrick Vallance corrected himself, Ms. Owens added the correct information to the bottom of her Facebook post. But the post was liked or shared over 62,000 times in the three hours leading up to its update – two-thirds of the total interactions – according to an analysis by the New York Times. In total, the rumor garnered 142,000 likes and shares on Facebook, most of them from Ms. Owens’ post, according to a report by the Virality Project, a consortium of misinformation researchers from institutions like Stanford Internet Observatory and Graphika.

When asked to comment, Ms. Owens said in an email, “I’m sorry, I’m not interested in the New York Times. The people who follow me don’t take your hits seriously. “

Updated

Aug 10, 2021, 7:18 p.m. ET

Also in July, lawyer Thomas Renz appeared in a video claiming 45,000 people had died from coronavirus vaccines. The claim that has been debunked is based on unconfirmed information from the Vaccine Adverse Event Reporting System, a government database. The unsubstantiated claim was included in a lawsuit Mr. Renz filed on behalf of an anonymous “whistleblower” in coordination with America’s Frontline Doctors – a right-wing group that has historically spread misinformation about the pandemic.

Mr. Renz’s video has more than 19,000 views on Bitchute. The unsubstantiated claim was repeated by the leading Spanish-speaking Telegram channels, Facebook groups and the conspiracy website Infowars, and it garnered over 120,000 views on the platforms, according to the Virality Project.

In an email, Mr. Renz said his practice “performed the necessary due diligence” to believe the accuracy of the allegations in the lawsuit he filed. “We do not actually believe that the Biden administration is responsible, rather we believe that President Biden, like President Trump before him, was misled by the same group of contradicting bureaucrats,” said Renz.

Categories
Health

Dr. Gottlieb says delta variant surge will be the ‘last wave’ in U.S.

Dr. Scott Gottlieb told CNBC on Monday that the current spike in Covid infections caused by the more contagious Delta variant could be the “last wave” of the virus in the United States.

“I don’t think Covid will be epidemic all through the fall and winter. I think this is the final wave, the final act, provided we don’t have a variant that pierces the immunity of a previous infection.” or vaccination, “the former Food and Drug Administration commissioner told the Squawk Box.” This will likely be the wave of infections that will end up affecting people who refuse to be vaccinated. “

Gottlieb said Americans still have a few months to take pandemic-related precautions, especially in the northern US states, as cases peak in the south until the wave of infections subsides again.

“I think this is going to be a difficult time,” he said. However, Gottlieb said the contagious nature of the Delta variant and the increased vaccination rates could change the course of future infections.

“We’re going to get some population-wide exposure to this virus, either through vaccination or through previous infection, which at this rate will stop circulating at that rate,” said Gottlieb, who ran the FDA from 2017-2019 under the Donald Trump administration.

According to a CNBC analysis of Johns Hopkins University data, the seven-day average of new daily coronavirus cases in the US is 108,624. That is 36% more than a week ago. The highly communicable Delta variant, first identified in India, accounts for 83% of all sequenced Covid cases in the country, according to estimates by the Centers for Disease Control and Prevention.

Given the surge in infections to coincide with plans to reopen schools in the fall, Gottlieb warned that schools may have to start the year with more stringent containment measures such as masking, testing, physical distancing and collecting through capsules.

“The goal must be to keep schools open and open, and we cannot expect us to change all behaviors about what we do about mitigation in schools and achieve the same result, in particular with this new “Delta variant, which is more contagious and will inevitably be difficult to control in schools,” said Gottlieb, who sits on the board of directors of the Covid vaccine manufacturer Pfizer.

Large numbers of vaccinated people can still congregate at a venue if there is an “appearance of a bubble,” he said. Vaccinated people who become infected are likely to get the virus from unvaccinated people and then spread it to close contacts after being contagious for a brief window of time, the former FDA chief said.

Gottlieb said wearing a higher quality mask like the KN95 mask is more important now as the virus is known to spread through aerosols rather than droplets. A good quality cloth mask only offers 20% protection from transmission, and most people don’t wear it well, he said.

“We’re bringing a kind of alpha mindset into a delta world, and it’s not going to work,” said Gottlieb, referring to the alpha coronavirus variant that was first discovered in the UK last year. “We will see that this delta variant is more difficult to control,” he said.

Disclosure: Scott Gottlieb is a CNBC employee and a member of the board of directors of Pfizer, genetic testing startup Tempus, health technology company Aetion, and biotechnology company Illumina. He is also co-chair of the Healthy Sail Panel of Norwegian Cruise Line Holdings and Royal Caribbean.

Categories
Health

Covid vaccine mandates sweep throughout company America as delta surges

United Airlines ramp services worker John Dalessandro receives a COVID-19 vaccine at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois.

Scott Olson | Getty Images

The U.S. government may not require that everyone get Covid-19 vaccines, but large employers across corporate America are stepping into the void.

More than a dozen large U.S. corporations, including Walmart, Google, Tyson Foods and United Airlines, have recently announced vaccine mandates for some or all of their workers.

“With rapidly rising COVID-19 case counts of contagious, dangerous variants leading to increasing rates of severe illness and hospitalization among the U.S. unvaccinated population, this is the right time to take the next step to ensure a fully vaccinated workforce,” Dr. Claudia Coplein, Tyson’s chief medical officer, said in a statement Tuesday.

The U.S. reported a seven-day average of more than 108,600 new cases per day as of Sunday, up 36% from a week earlier, according to data from Johns Hopkins University. With 83% of sequenced coronavirus cases nationwide stemming from the delta variant, according to Centers for Disease Control and Prevention estimates, vaccinations are seen by health officials and corporate management as the safest way to get employees who have been working remotely back to the office.

Though some employers now unilaterally mandate vaccines, most have limited the scope of their guidance to certain offices or specific groups of workers.

Google and Facebook have mandated Covid immunizations for anyone returning to their U.S. offices. Walmart, which has 1.6 million U.S. employees, has imposed a vaccine mandate for all corporate and management staff, while store employees must wear masks in high-risk counties.

Walmart CEO Doug McMillon outlined the retailer’s plans to keep “gradually coming back into our office spaces with the idea of being closer to pre-pandemic levels after Labor Day.”

In April 2020, a Gallup poll found that 70% of employees surveyed were working from home. Companies are attempting to bring their workforce back into the office, but some have already begun pushing back their return dates as Covid case counts surge. Late last month, Google postponed its return to office deadline to Oct. 18, a delay of more than a month.

“Although I’m not a big fan of mandates, we need to use a variety of incentives to encourage as many people as possible to practice effective infection control,” said Dr. Stephen Morse, a professor of epidemiology at the Columbia University Irving Medical Center. “If that’s the best or only way to motivate some people, then that’s one tool in our toolbox.”

United Airlines said Friday that all of its roughly 67,000-person U.S. employees must provide proof that they are vaccinated against Covid no later than Oct. 25, becoming the country’s first major airline to issue such a mandate. Employees risk termination if they don’t comply, though United said there will be exemptions for religious or medical reasons.

“We know some of you will disagree with this decision to require the vaccine for all United employees,” United Airlines’ CEO Scott Kirby and the airline’s president, Brett Hart, wrote to employees announcing the vaccine requirement. “But, we have no greater responsibility to you and your colleagues than to ensure your safety when you’re at work, and the facts are crystal clear: everyone is safer when everyone is vaccinated.”

Budget carrier Frontier Airlines followed suit hours later with its own mandate but said employees either need to show proof of inoculation by Oct. 1 or take regular Covid tests.

For better or worse, vaccines and other tools to fight the virus such as masks, have become controversial in the U.S. But health officials say the measures are necessary to save lives.

“To leave it up to the individual is to say that there are people who are going to make a choice that puts co-workers at risk,” said Dr. Paul Offit, an infectious disease physician at the Children’s Hospital of Philadelphia. “So I think it’s a responsible, important, necessary thing to do.”

Even companies with the most expansive mandates are required by law to allow some exceptions.

Facebook’s vice president of people, Lori Goler, said the company of nearly 59,000 global employees will have a process in place for people who can’t be vaccinated for medical or other reasons and that it’s working with experts “to ensure our return to office plans prioritize everyone’s health and safety.”

The Alphabet Workers Union, which represents over 800 employees across Google and its parent company, expressed concern over the exceptions to Google’s vaccine mandate, saying the company has provided insufficient details surrounding the exemption process. A spokesperson for the union said the mandate exists “to convince white collar workers to come back to the office,” while “a boatload of people” remain unvaccinated.

Google did not respond to a request for comment. Alphabet employed over 135,000 employees worldwide as of last year.

Other companies have faced pushback from unions on their vaccine directives. After Tyson announced last week that all 120,000 of its office and plant personnel must get vaccinated, United Food and Commercial Workers, which represents 24,000 Tyson meatpacking workers, voiced reservations about mandating vaccines that lack the FDA’s full approval.

“UFCW will be meeting with Tyson in the coming weeks to discuss this vaccine mandate and to ensure that the rights of these workers are protected, and this policy is fairly implemented,” UFCW International President Marc Perrone said in a statement. Perrone added that he wanted to ensure Tyson’s union workers receive paid time off to receive and adjust to the vaccine.

United and its pilots’ union, the Air Line Pilots Association, agreed earlier this year not to implement a vaccine mandate for its nearly 13,000 aviators. United offered extra pay to pilots who received the vaccine and up to three days off for flight attendants. More than 90% of the pilots and about 80% of flight attendants are inoculated, the company said. The union said that some aviators who don’t plan to get vaccinated should talk with their pilot chief.

“The vaccine requirement represents an employment change we believe warrants further negotiations to ensure our safety, welfare, and bargaining rights are maintained, the pilots union said.

Other airlines including American, Southwest and Delta said they have not made any changes to their policies to encourage, but not mandate, vaccines for their employees. In May, Delta was the first major carrier to require the vaccine for new employees. United had followed suit. American and Delta have offered incentives like extra time off for employees who get vaccinated. Delta says more than 73% of its staff is vaccinated.

When asked how it would react to a potential companywide requirement, Dennis Tajer, a spokesman for the Allied Pilots Association, which represents some 15,000 pilots at American, said: “Our position is it’s a personal choice between pilots and their medical professional. As the bargaining agent for the pilots, any change to the conditions of employment must be discussed with the representative union.” The union last week, however, urged pilots to get vaccinated and estimated in a staff note that about 60% of them are inoculated.

By mandating inoculations, corporate America is taking action in a way federal legislators cannot, said Dorit Reiss, a professor at UC Hastings College of the Law. Outside of requiring vaccines for its own employees, Reiss said the federal government “probably doesn’t have the power to say everybody in the U.S. has to get vaccinated or pay a fine.”  

But insurance agencies might, a recent op-ed by Dr. Elisabeth Rosenthal and Glenn Kramon in The New York Times suggests. In the model of policies that deny coverage for injuries sustained during dangerous activities, the authors indicate that insurers could start “penalizing the unvaccinated” because their refusal to immunize poses a threat to public health. Rosenthal is editor in chief of Kaiser Health News and Kramon is a lecturer at the Stanford Graduate School of Business.

Companies also have the Equal Employment Opportunity Commission on their side, said Thomas Lenz, a professor at the University of Southern California Gould School of Law. As long as their mandates abide by the Americans with Disabilities Act and the Civil Rights Act of 1964, the commission said in May, companies could require “all employees physically entering the workplace to be vaccinated” against the coronavirus.

Despite the EEOC’s guidance, some businesses are still refraining from issuing mandates for fear of alienating their personnel, Lenz said.

“We see that employers are as concerned with what they perceive as a skill shortage, a labor shortage, as anything in deciding whether to mandate the vaccinations,” Lenz said. “And for that reason, employers don’t want to scare people away, as they feel they might be able to accommodate and keep the workforce in some other way.”

-CNBC’s Nate Rattner contributed reporting.

Categories
Health

The Delta Variant Is Sending Extra Kids to the Hospital. Are They Sicker, Too?

What is clear is that a confluence of factors – including Delta’s contagiousness and the fact that people under the age of 12 are not yet eligible for vaccination – will result in more children being hospitalized, especially in areas of the country in where the virus is increasing. “If you have more cases then of course it eventually comes down to the kids,” said Dr. Malley.

Many children’s hospitals had hoped for a quiet summer. Several common childhood viruses are less common in the warmer months, and national Covid rates declined in the spring.

But that started to change last month as Delta spread. “The number of positive Covid tests began to rise in early July,” said Marcy Doderer, president and chief executive officer of Arkansas Children’s Hospital. “And then we really started to see the kids get sick.”

The vaccines are effective against Delta – and offer strong protection from serious illness and death – but children under 12 are not yet eligible for them. As more adults are vaccinated, children make up an increasing proportion of Covid cases; between July 22 and July 29, they accounted for 19 percent of reported new cases, according to the American Academy of Pediatrics.

“They’re the unvaccinated,” said Dr. Yvonne Maldonado, a pediatric infectious disease specialist at Stanford Medicine and chair of the AAP Infectious Diseases Committee. “We see all new infections there.”

According to the association, almost 72,000 new pediatric Covid cases were reported from July 22 to July 29, almost twice as many as in the previous week. At Johns Hopkins All Children’s Hospital, 181 children tested positive for the virus in July, up from just 12 in June.

Most of these children have relatively mild symptoms such as runny nose, constipation, cough, or fever, said Dr. Wassam Rahman, the medical director of the Pediatric Emergency Center at All Children’s. “Most children are not very sick,” he said. “Most of them will go home and receive preventive treatment at home. But as you can imagine, families are scared. “

Categories
Health

Covid delta will result in improve in breakthrough infections: Moderna

The highly contagious Delta variant will lead to an increase in breakthrough infections in those who are fully vaccinated as people begin to exercise indoors after the summer, Moderna said Thursday.

While Moderna’s two-dose vaccine remains “stable” six months after the second vaccination, immunity to the coronavirus will continue to decline and ultimately reduce the vaccine’s effectiveness, the company said in the slides accompanying its second quarter earnings report were attached.

The company said its vaccine was 93% effective six months after the second dose. By comparison, Pfizer and BioNTech reported that their vaccine effectiveness decreased to about 84% after six months.

“Given this overlap, we believe a dose 3 refresh will likely be needed before the winter season,” wrote Moderna.

Moderna’s warning comes as the Delta variant becomes more widespread in more than 100 countries, including the United States. Delta, the predominant form of the disease in the United States, is more transmissible than the common cold, 1918 Spanish flu, smallpox, Ebola, MERS, and SARS, according to the Centers for Disease Control and Prevention.

A healthcare worker treats a patient in a negative pressure room in the Covid-19 Intensive Care Unit (ICU) at Freeman Hospital West in Joplin, Missouri, Tuesday, August 3, 2021.

Angus seed dressings | Bloomberg | Getty Images

For some Americans, concerns about the effectiveness of the vaccine have grown with the advent of the variant, which can cause more serious illnesses than the original coronavirus. Some people have even gone so far as to look for an extra dose not yet recommended by the CDC. This week, San Francisco health officials announced that they would allow patients who received the Johnson & Johnson vaccine to have a second vaccination from Pfizer-BioNTech or Moderna.

Drug makers have been saying for months that they expect people to need booster shots and perhaps additional doses annually at some point, just like they did with seasonal flu.

Moderna said Thursday that results from a Phase 2 study showed that a booster dose of its vaccine elicited a “robust” antibody response against three variants, including Delta.

The CDC and World Health Organization say booster doses are not currently required due to a lack of data. In fact, on Wednesday the WHO called on wealthy nations to stop distributing Covid booster vaccinations to give the world a chance to meet the WHO’s goal of vaccinating 10% of each country’s population by October.

“We need an urgent turnaround from moving the majority of vaccines to high-income countries and the majority to low-income countries,” said WHO Director-General Tedros Adhanom Ghebreyesus.

The move comes after Israel announced that the country will be giving booster doses to its elderly population. The Dominican Republic has also given its population booster doses, while neighboring Haiti recently secured its first vaccine doses.

People in the US are also finding ways to get booster vaccinations.

– CNBC’s Rich Mendez contributed to this report.

Categories
Health

Epidemiologist Larry Good on delta variant, vaccinations

The pandemic is not coming to an end soon — given that only a small proportion of the world population has been vaccinated against Covid-19, a well-known epidemiologist told CNBC.

Dr. Larry Brilliant, an epidemiologist who was part of the World Health Organization’s team that helped eradicate smallpox, said the delta variant is “maybe the most contagious virus” ever.

In recent months, the U.S., India and China, as well as other countries in Europe, Africa and Asia have been grappling with a highly transmissible delta variant of the virus.

WHO declared Covid-19 a global pandemic last March — after the disease, which first emerged in China in late 2019, spread throughout the world.

The good news is that vaccines — particularly those using messenger RNA technology and the one by Johnson & Johnson — are holding up against the delta variant, Brilliant told CNBC’s “Squawk Box Asia” on Friday.

Unless we vaccinate everyone in 200 plus countries, there will still be new variants.

Larry Brilliant

Epidemiologist

Still, only 15% of the world population has been vaccinated and more than 100 countries have inoculated less than 5% of their people, noted Brilliant.

“I think we’re closer to the beginning than we are to the end [of the pandemic], and that’s not because the variant that we’re looking at right now is going to last that long,” said Brilliant, who is now the founder and CEO of a pandemic response consultancy, Pandefense Advisory.

“Unless we vaccinate everyone in 200 plus countries, there will still be new variants,” he said, predicting that the coronavirus will eventually become a “forever virus” like influenza.

Probability of ‘super variant’

Brilliant said his models on the Covid outbreak in San Francisco and New York predict an “inverted V-shape epidemic curve.” That implies that infections increase very quickly, but would also decline rapidly, he explained.

If the prediction turns out be true, it means that the delta variant spreads so quickly that “it basically runs out of candidates” to infect, explained Brilliant.  

There appears to be a similar pattern in the U.K. and India, where the spread of the delta variant has receded from recent highs.

But I do caution people that this is the delta variant and we have not run out of Greek letters so there may be more to come.

Larry Brilliant

Epidemiologist

Daily reported cases in the U.K. — on a seven-day moving average basis — fell from a peak of around 47,700 cases on July 21 to around 26,000 cases on Thursday, according to statistics compiled by online database Our World in Data.

In India, the seven-day moving average of daily reported cases has stayed below 50,000 since late June — far below the peak of more than 390,000 a day in May, the data showed.

“That may mean that this is a six-month phenomenon in a country, rather than a two-year phenomenon. But I do caution people that this is the delta variant and we have not run out of Greek letters so there may be more to come,” he said.

The epidemiologist said there is a low probability that a “super variant” may emerge and vaccines don’t work against it. While it’s hard to predict these things, he added, it’s a non-zero probability, which means it cannot be ruled out.

“It’s such a catastrophic event should it occur, we have to do everything possible to prevent it,” said Brilliant. “And that means get everyone vaccinated — not just in your neighborhood, not just in your family, not just in your country but all over the world.”

Covid vaccine boosters

Some countries with relatively high vaccination rates such as the U.S. and Israel are planning booster shots for their population. Others, such as Haiti, only recently secured their first batch of vaccine doses.

WHO has called on wealthy countries to hold off on Covid vaccine boosters to give low-income countries a chance to vaccinate their people.

But in addition to boosting vaccination in countries with a low inoculation rate, Brilliant said one group of people needs a booster shot “right away” — those who are 65 years and above, and were fully vaccinated more than six months ago but have a weakened immune system.

“It is this category of people that we’ve seen create multiple mutations when the virus goes through their body,” said the epidemiologist.

“So those people, I would say, should be given a third dose, a booster right away — as quickly as moving the vaccines to those countries that haven’t had a very high chance to buy them or have access to them. I consider those two things about equal,” he added.

— CNBC’s Rich Mendez contributed to this report.

Categories
Politics

Tons of of Hundreds of Bikers Anticipated in Sturgis Regardless of Delta Variant

Although most major events closed last summer due to the coronavirus pandemic, the Sturgis Motorcycle Rally rushed ahead and panicked health professionals when nearly half a million motorcycle enthusiasts came to the Black Hills of South Dakota.

This year’s rally, which began on Friday, is expected to attract an even larger audience, as the infectious Delta variant is producing more new virus cases nationwide than at that time last year.

Which route the virus will take through Sturgis remains to be seen.

It is more difficult to transmit outdoors, vaccines greatly reduce the risk of serious illness, and South Dakota has the fewest new virus cases per capita in the United States. At the same time, the Centers for Disease Control and Prevention are viewing Delta as contagious as chickenpox, and people are traveling from across the country – several southern states are in their worst outbreaks of the pandemic – to a region with a relatively low vaccination rate.

Hundreds of new cases have been linked to last year’s rally, but as infected bikers returned to their home states, it made contact tracing difficult and obscured the real bottom line.

Sturgis officials stressed that this year’s rally will offer coronavirus testing, free masks and hand sanitizing stations. For the first time, attendees are allowed to take alcoholic beverages outside without fear of being fined to limit the crowd in the bars.

These precautions are accompanied by warnings.

“We encourage people in a high-risk category, whether because of their age or comorbidities, to come next year,” said Dan Ainslie, Sturgis City Manager.

On Friday, the steady roar of the engines announced the arrival of thousands of bikers. In the morning, Main Street was crowded with visitors, walking shoulder to shoulder on sidewalks, or congregating near dozens of bikes parked outside of stores. A parade opened the 10-day rally, which was in its 81st year, with the Budweiser Clydesdale horses in the lead.

A local business owner, Toni Fisher, 63, had watched anxiously as more and more people poured into her hometown over the past week. Although she and her husband are both vaccinated, Ms. Fisher suffers from fibromyalgia and said she was concerned about the likelihood of developing a breakthrough infection that could affect her health for months.

All the minimal precautions people took last year like so much motorcycle exhaust drifted away, she said. “It’s wild boar this year,” she said. “Nobody cares.”

The pandemic devastated the massage business that Ms. Fisher runs, but she said she was unsure whether she would offer massages during the rally. She has a handful of masked appointments, and she and her husband are once again hosting campers in their garden. Her husband plans to deliver pizzas for extra cash during the rally – adding to Ms. Fisher’s worries.

Updated

Aug 7, 2021, 5:39 p.m. ET

She’s wearing face masks again when she goes to the grocery store, but says she’s practically alone taking precautions, even as the Delta variant is fueling rising infections across the country.

“I don’t know what to do here,” she said.

Other major outdoor events have returned this summer, in part because of vaccine availability. Attendees at the recent Lollapalooza music festival that pushed people to downtown Chicago were required to either show proof of vaccination or show a negative coronavirus test from the previous 72 hours.

There will be no similar screening process at the motorcycle rally in Sturgis. Vaccines will be made available at the event, including the single-dose Johnson & Johnson shot, but they take time to boost the immune system.

Meade County, which includes Sturgis, has a vaccination rate of 37 percent – significantly lower than half of fully vaccinated Americans – and the six neighboring counties have even lower vaccination rates.

Dr. Shankar Kurra, the vice president of medical affairs at Monument Health, headquartered in Rapid City, SD, said the area had almost no virus cases in late June. But like in every other state, cases have risen in the past few weeks.

Understand the state of vaccine mandates in the United States

“With us all 100 percent of the cases were unvaccinated people,” said Dr. Kurra on the recent surge. “We want to make sure people have access to tests so that we can be detected early in the event of an outbreak.”

About a week before the rally began, bikers from across the country started packing up at hotels in Rapid City, said Steven Allender, the city’s mayor. Mr Allender said he has contacted local health officials about how best to prepare for the flow of visitors, but his office has failed to impose any restrictions on the event.

“The government tried to save lives, but failed because of the political climate and the debate over the use of masks,” Allender said. “I would say today that there is no stopping churches across the state from adopting an all-for-yourself stance.”

At the end of last year, Mr Allender issued a mask mandate in all city buildings and called on the city council to issue a more comprehensive regulation on the mask requirement – a measure that ultimately failed. South Dakota was one of several states that did not impose lockdowns or mask requirements during the height of the pandemic.

Sturgis is a relatively quiet town of around 7,000 residents for most of the year, next to 1.2 million hectares of forest and with a motorcycle museum as its main attraction. But every summer the city changes when bikers dismount. Last year, when the pandemic turned daily life in America upside down, forcing music festivals and other large gatherings to be canceled, more than 60 percent of Sturgis residents were in favor of postponing the motorcycle rally, according to a poll sponsored by the city. But this year there was little public concern.

The state’s Department of Tourism estimates that the annual festival, with notable sponsors such as Budweiser, Harley-Davidson and Coca-Cola, will generate sales of around $ 800 million this year. It’s a sight to behold: when drivers from the USA and Canada make the pilgrimage to Sturgis, at least in more typical years, the otherwise quiet stretch of Interstate 90 is overcrowded with motorbikes.

“The Sturgis rally is about jumping on your bike and exploring this great country on our open roads,” said state governor Kristi Noem in a statement. “Bikers come here because they want to be here. And we love to see them! Everything we do in life is at risk. Bikers get that better than anyone else. “

Jack Healy contributed to the coverage.

Categories
Health

Firms rising extra cautious about delta variant, earnings calls present

A sign describes entry restrictions at a JLL office in the Aon Center in Chicago, Illinois, USA on Thursday, June 24, 2020.

Christopher Dilts | Bloomberg | Getty Images

When the reporting season started in earnest in mid-July, few companies asked questions or mentioned the Covid Delta variant.

That changed as new Covid-19 cases increased and the Centers for Disease Control and Prevention changed their stance on masks for vaccinated people, according to a CNBC analysis of transcripts of calls.

Between July 13 and Thursday, 142 S&P 500 companies out of 410 that reported quarterly earnings mentioned the Delta variant by name or answered a question about it in their earnings calls. Only 15% of those mentions came before July 27 – the same day the CDC said fully vaccinated people should wear masks in areas with high indoor transmission rates. New Covid cases also rose steadily as the highly contagious Delta variant became the dominant strain of the virus in the USA

The US reports a seven-day average of more than 109,000 new cases as of August 5, nearly 28% more than a week ago, according to Johns Hopkins University.

For the most part, executives said their companies did not see any significant business impact with the rise in new cases.

Becton, Dickinson & Co., a medical device company, was one of the few to report changes in consumer behavior and told analysts that fewer elective surgeries have been performed in some US states in recent weeks due to the variant. For the week ending August 1, 72% of beds in intensive care units in the United States were occupied, according to Johns Hopkins data.

But some companies with a more global footprint say it’s a different story outside of the US.

“An uneven recovery from the pandemic and an increasing delta variant in many countries around the world have once again shown us that the road to recovery will be a winding road,” said Apple CEO Tim Cook at the company’s conference call on April 27th. July.

Booking Holdings, the parent company of Kayak and OpenTable, said bookings were down 22% in July compared to 2019, a bigger decrease than the 13% decrease in June.

“In Europe, we noticed reductions in overnight stays in several of our most important countries, including Germany, France and Italy, in July,” said Booking CFO David Goulden on Wednesday at the company’s conference call.

Other companies reported supply chain disruptions as Covid cases accelerated in Asia and Europe. For example, rail operator Norfolk Southern said the Delta variant is affecting its suppliers in Southeast Asia.

“We have a couple of factories that source parts from Southeast Asia and due to manufacturing issues there, they had to bring forward scheduled production shutdowns later this year,” said chief marketing officer Alan Shaw on the company’s conference call on July 28th. “And that has now had an impact on our production and our volumes.”

The Delta variant has also led some companies to issue more conservative projections, although most companies said they don’t expect any further lockdowns in the US.

Abiomed, a medical device maker, told analysts on its conference call Thursday that the lower end of its full-year revenue forecast sees “some persistent unevenness” from the variant, even though the company raised its outlook.

Beyond Meat, which is not part of the S&P 500, said restaurant operators are more conservative with their food orders due to the uncertainty created by the Delta variant, as well as work-related challenges.

“For us, the main feature of the third quarter, and our forecast is simply a lack of visibility,” said CEO Ethan Brown on Thursday.

Categories
Health

Charts present how far delta variant has unfold all over the world

A sign warning people to stay separated due to Covid-19 can be seen in Mevagissey, UK on July 29, 2021.

Finnbarr Webster | Getty Images News | Getty Images

More than a year after the Covid-19 pandemic, the world is struggling with a highly transmissible Delta variant, which has led to a renewed increase in infections in countries from the UK and the US. to those in Africa and Asia.

The Delta variant, which was first discovered in India last October, has been found in more than 130 countries around the world, according to the World Health Organization.

Delta is the most commonly transmitted variant of the coronavirus, which first appeared in China in late 2019, said Dr. Maria Van Kerkhove, epidemiologist and technical director for Covid-19 at the WHO.

“The virus itself is, as it begins, a dangerous virus, a highly transmissible virus. The Delta variant is even more – it is twice more transmissible than the ancestral strain, it is 50% more transmissible than the Alpha strain, ”she said at a WHO press conference last week.

The alpha variant was first discovered in Great Britain

Globally, the number of reported Covid-19 cases exceeded 200 million on Wednesday and more than 4.2 million people have died from it, data compiled by Johns Hopkins University showed.

Delta variant prevalence

Delta is one of four “Concerning Variants” listed by the WHO. Such variants are considered to be more contagious, more resistant to current vaccines and treatments, or could cause more serious illness.

The delta variant has become the dominant Covid-19 pathogen in many countries.

According to genetically sequenced coronavirus samples collected by GISAID, around 65 countries have discovered cases of Covid caused by the Delta variant in the four weeks leading up to August 5.

GISAID is a platform for scientists to share information about viruses, and their data is widely used by the global scientific community, including the WHO.

Data on the prevalence of the Covid Delta variant likely underestimate the real situation as some countries do not share sequenced samples with GISAID, while others may not have the ability and resources to perform virus sequencing.

In 55 of these countries, the delta variant accounted for more than half of the virus samples submitted, according to data compiled by GISAID.

Effectiveness of the vaccine

The Covid Delta variant has not spared countries with some of the highest vaccination rates in the world.

Israel, where more than 62% of the population is fully vaccinated, reported an increase in daily cases last month as Delta became the dominant strain in the country.

When the Delta variant spread in Israel, the Ministry of Health found that the effectiveness of the Covid vaccine dropped to just 39% with two doses of Pfizer-BioNTech, although protection against serious illnesses remained high. The country has started giving booster shots to people over the age of 60.

But a study in the UK, where the Delta variant is also fueling a surge in infections, found that two doses of Pfizer-BioNTech or the AstraZeneca-Oxford University vaccine were almost as effective against Delta as against the Alpha variant.

The study, published in the New England Journal of Medicine, used real world data and found that two doses of the Pfizer BioNTech vaccine were 88% effective against the Delta variant. That’s compared to 93.7% versus the Alpha strain, it said.

According to the study, the AstraZeneca-Oxford vaccine was found to be 67% effective against Delta, compared to 74.5% effectiveness against the Alpha variant.

However, vaccination progress has remained inconsistent around the world. Many poorer developing countries are lagging behind due to their lack of access to Covid-19 vaccines.

On Wednesday, WHO urged rich nations to stop distributing booster vaccines, highlighting global injustice in vaccines.

Aside from getting more people vaccinated, WHO’s Van Kerkhove said there are steps individuals can take to better protect themselves from the Delta variant. That includes wearing a mask, keeping your hands clean, and spending more time outdoors than indoors, she said last week.

“This won’t be the last variant of the virus you will hear us talk about,” she added. “The virus is likely to become more transmissible because viruses do just that – they evolve, they change over time, and so we have to do everything we can to contain it.”

Categories
Health

China orders Wuhan mass testing, Beijing restrictions as Covid delta spreads

Residents of Wuhan city in China’s Hubei province queue to take nucleic acid tests for Covid-19 on August 3, 2021.

STR | AFP | Getty Images

China is facing pockets of resurgence in major cities from Beijing to Wuhan, and authorities have imposed mass testing and widespread travel restrictions in some areas.

Daily Covid-19 cases are rising again as the delta variant spreads across the country.

China’s National Health Commission said it confirmed 96 Covid cases on Wednesday — the third straight day it reported 90 cases and above. Of the newly confirmed cases, 71 were locally transmitted, said the health commission.

Economists are concerned that a strict government clampdown on movements could hurt the economy — the only major economy to grow last year.

“China has shown before that it is willing to take tough action to control Covid, and we don’t doubt that it will do so again this time,” Robert Carnell, regional head of Asia-Pacific research at Dutch bank ING, said in a note on Wednesday.

“Tough restrictions on movement and travel already in place will likely bring the desired results. But the delta variant is a particularly slippery little critter, and the concern for us, and we imagine, many others, is how quickly this will occur, and at what economic cost in the meantime,” he added.

Read more about China from CNBC Pro

When Covid-19 first emerged in the country in late 2019, authorities used strict lockdowns and mass testing to control the nationwide outbreak.

Since then, Chinese authorities have clamped down hard on any flare-ups in Covid infections. The latest spread of the more transmissible Covid delta variant has again led authorities to tighten containment measures across the country.

State media Xinhua News Agency reported that authorities have urged people to limit travel and avoid gatherings, as well as suspended some flights, trains and long-distance bus services.

The capital of Beijing imposed strict entry and exit controls on Sunday and is said to be at a “critical stage” of epidemic control after cases rose late July for the first time in months, Xinhua reported.

Wuhan city, where the coronavirus first emerged, will test all its residents for Covid new cases emerged, the news agency said.

As of July 20, more than 17 million doses of Covid vaccines have been administered in Wuhan, and the vaccination rate of those 18 years and above hit 77.63%, according to the Wuhan municipal health commission.

‘Slow patch’ in China’s economy

China’s economic recovery has been uneven, with exports-oriented sectors driving most of the growth while domestic consumption has been slower to return.  

The resurgence in Covid-19 infections and the latest containment measures would delay a recovery in Chinese household spending, said Sian Fenner, lead Asia economist at consultancy Oxford Economics.

“The geographical spread of the delta variant is going to be concerning the Chinese authorities. We’ve already seen that they have a very low tolerance towards, you know, even a relatively small flare up,” she told CNBC’s “Squawk Box Asia” on Wednesday.

“We had hoped that with the increase in vaccination rates, that would actually improve that service consumption, but it looks like we’re in for another sort of slow patch going forward and … the delayed recovery in household spending,” she added.

Fenner said she’s maintaining her full-year growth forecast of 8.4% for China for now. That’s slightly higher than the International Monetary Fund’s projected growth of 8.1% in China.

— CNBC’s Weizhen Tan contributed to this report.