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Politics

Doug Mastriano’s Extraordinarily On-line Rise to Republicans’ Governor Nominee in Pa.

BLOOMSBURG, Pa. — In the early days of the Covid-19 pandemic, Diane Fisher, a nurse from Weatherly, Pa., was surfing through videos on Facebook when she came across a livestream from Doug Mastriano, a Pennsylvania state senator.

Starting in late March 2020, Mr. Mastriano had beamed regularly into Facebook from his living room, offering his increasingly strident denunciations of the state’s quarantine policies and answering questions from his viewers, sometimes as often as six nights a week and for as long as an hour at a stretch.

“People were upset, and they were fearful about things,” Ms. Fisher said. “And he would tell us what was going on.”

Ms. Fisher told her family and her friends about what Mr. Mastriano billed as “fireside chats,” after Franklin D. Roosevelt’s radio broadcasts during the Depression and World War II. “The next thing you knew,” she recalled, “there was 5,000 people watching.”

Mr. Mastriano’s rise from obscure and inexperienced far-right politician to Republican standard-bearer in Pennsylvania’s governor’s race was swift, stunning and powered by social media. Although he is perhaps better known for challenging the results of the 2020 presidential election and calling the separation of church and state a “myth,” Mr. Mastriano built his foundation of support on his innovative use of Facebook in the crucible of the early pandemic, connecting directly with anxious and isolated Americans who became an uncommonly loyal base for his primary campaign.

He is now the GOP nominee in perhaps the most closely watched race for governor in the country, in part because it would place a 2020 election denier in control of a major battleground state’s election system. Both President Biden and former President Donald J. Trump are making campaign appearances in Pennsylvania this week. As the race enters its last months, one of the central questions is whether the online mobilization that Mr. Mastriano successfully wielded against his own party establishment will prove similarly effective against Josh Shapiro, his Democratic rival — or whether a political movement nurtured in the hothouse of right-wing social media discontent will be unable or unwilling to transcend it.

Mr. Mastriano has continued to run a convention-defying campaign. He employs political neophytes in key positions and has refused for months to interact with mainstream national and local reporters beyond expelling them from events. (His campaign did not respond to requests for comment for this article.)

He grants interviews almost exclusively to friendly radio and TV shows and podcasts that share Mr. Mastriano’s far-right politics, and continues to heavily rely on Facebook to reach voters directly.

“It is the best-executed and most radical ‘ghost the media’ strategy in this cycle,” said Michael Caputo, a former Trump campaign adviser, who said other Republican strategists were watching Mr. Mastriano’s example closely.

“It’s never been done before. He’s on a spacewalk,” he said. “And the question we’re all asking is, does he make it back to the capsule?”

Although Mr. Mastriano no longer hosts fireside chats, his campaign posts several times more often a day on Facebook than most candidates, according to Kyle Tharp, the author of the FWIW newsletter, which tracks digital politics. His campaign’s Facebook post engagements have been comparable to those of Mr. Shapiro, despite Mr. Shapiro’s spending far more on digital advertising.

“He is a Facebook power user,” Mr Tharp said.

But Mr. Mastriano’s campaign has done little to expand his reach outside his loyal base, even as polls since the primary have consistently shown him trailing Mr. Shapiro, Pennsylvania’s attorney general, albeit often narrowly. And Mr. Mastriano’s efforts to add to his audience on the right through advertising on Gab, a platform favored by white nationalists, prompted a rare retreat in the face of criticism last month.

A career Army officer until his retirement in 2017 and a hard-line social conservative, Mr. Mastriano won a special election for the State Senate in 2019 after campaigning on his opposition to what he described as the “barbaric holocaust” of legal abortion and his see that the United States is an inherently Christian nation whose Constitution is incompatible with other faiths. But he was known to few outside his district until he began his pandemic broadcasts in late March 2020.

In the live videos, Mr. Mastriano was unguarded and at times emotional, giving friendly shout-outs to familiar names in the chat window. His fireside chats arrived at a fertile moment on the platform, when conservative and right-wing activists were using Facebook to assemble new organizations and campaigns to convert discontent into action — first with the Covid lockdowns and, later, the 2020 election outcome.

Mr. Mastriano linked himself closely to these currents of activism in his home state, speaking at the groups’ demonstrations and events. A video he livestreamed from the first significant anti-lockdown rally on the steps of the State Capitol in Harrisburg in April 2020, armed with a selfie stick, eventually racked up more than 850,000 views.

After the presidential election was called for Mr. Biden on Nov. 7, 2020, Mr. Mastriano was greeted as a star at the first “Stop the Steal” rally at the capitol in Harrisburg that afternoon. He became one of the most prominent faces of the movement to overturn the election in Pennsylvania, working with Mr. Trump’s lawyers to publicize widely debunked claims regarding election malfeasance and to send a slate of “alternate” electors to Washington, on the spurious legal theory that they could be used to overturn the outcome. (He would later be present at the US Capitol on Jan. 6, 2021, though there is no evidence that he entered the building.)

When Republican colleagues in the State Senate criticized those schemes and Mr. Mastriano by name, he pointed to the size of his online army.

“I have more followers on Facebook alone than all 49 other senators combined,” Mr. Mastriano told Steve Turley, a local right-wing podcast host, in an interview. “That any colleague or fellow Republican would think that it would be a good idea to throw me under the bus with that kind of reach — I mean, they’re just not very smart people.”

Mr. Mastriano was eventually removed from the chairmanship of a State Senate committee overseeing an investigation he had championed into the state’s election results, and he was later expelled from the Senate’s Republican caucus — episodes that burnished his credentials with supporters suspicious of the state’s GOP establishment . His campaign for governor, which he formally announced this January, has drawn on not only the base he has cultivated since 2020 but also on the right-wing grass-roots groups with whom he has made common cause on Covid and the 2020 election.

“That whole movement is rock-solid behind him,” said Sam Faddis, the leader of UnitePA, a self-described Patriot group based in Susquehanna County, Pa.

When UnitePA hosted a rally on Aug. 27 in a horse arena in Bloomsburg, bringing together a coalition of groups in the state dedicated to overhauling the election system they insist was used to steal the election from Mr. Trump, many of the activists who spoke offered praise for Mr. Mastriano and his candidacy. From the stage, Tabitha Valleau, the leader of the organization FreePA, gave detailed instructions for how to volunteer for Mr. Mastriano’s campaign.

The crowd of about 500, most of whom stayed for all of the nearly six-hour rally, was full of Mastriano supporters, including Ms. Fisher. “He helped us through a bad time,” she said. “He stuck with his people.”

Charlie Gerow, a veteran Pennsylvania Republican operative and candidate for governor who lost to Mr. Mastriano in May, said this loyally following what Mr. Mastriano’s greatest strength. “He’s leveraged that audience on every mission he’s undertaken,” he said.

But with recent polls showing Mr. Mastriano lagging between 3 and 10 points behind Mr. Shapiro, Mr. Gerow is among the strategists doubting his primary strategy will translate to a general electorate.

“I think it’s going to be important for him to run a more traditional campaign, dealing with the regular media even when it’s unpalatable and unfriendly,” Mr. Gerow said.

Mr. Mastriano has also drawn criticism for his efforts to expand his social-media reach beyond Facebook and Twitter into newer, fringier spaces on the right.

In July, the liberal watchdog group Media Matters noted that Mr. Mastriano, according to his campaign filings, had paid $5,000 to the far-right social media platform Gab, which gained notoriety in 2018 after the suspect charged in the shooting at the Tree of Life Synagogue in Pittsburgh, in which 11 people were killed, used the platform to detail his racist and anti-Semitic views and plans for the shooting. Gab’s chief executive, Andrew Torba, who lives in Pennsylvania, has made anti-Semitic statements himself and appeared at a white nationalist conference this spring.

Mr. Torba and Mr. Mastriano had praised each other in a podcast interview in May, after which Mr. Mastriano had spoken hopefully of Gab’s audience. “Apparently about a million of them are in Pennsylvania,” he said on his own livestream, “so we’ll have some good reach.”

Mr. Torba, who did not respond to emailed requests for comment, has continued to champion Mr. Mastriano, describing the Pennsylvania governor’s race as “the most important election of the 2022 midterms, because Doug is an outspoken Christian,” in a video he posted in late July. He added, “We’re going to take this country back for the glory of God.”

But after initially standing his ground, Mr. Mastriano finally bowed to sustained criticism from Democrats and Republicans alike and closed his personal account with Gab early this month, issuing a brief statement denouncing anti-Semitism.

This month Mr. Shapiro, who is Jewish, spent $1 million on TV ads highlighting Mastriano’s connections to Gab. “We cannot allow this to become normalized — Doug Mastriano is dangerous and extreme, and we must defeat him in November,” said Will Simons, a spokesman for the Shapiro campaign.

The push reflected a view that one of Mr. Mastriano’s core vulnerabilities lay in his vast online footprint, with its hours of freewheeling conversation in spaces frequented by far-right voices.

Still, some Democrats who watched Mr. Mastriano’s rapid rise at close range have cautioned against counting him out. “Mastriano’s been underestimated by his own party,” said Brit Crampsie, a political consultant who was until recently the State Senate Democrats’ spokeswoman. “I fear him being underestimated by the Democrats. I wouldn’t rule him out.”

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World News

Asia-Pacific markets rise; Hong Kong’s Hold Seng in bear territory

SINGAPORE – Asia Pacific stocks rose in trading Monday morning as investors look to the Hong Kong opening after the Hang Seng index plunged into a bear market last week.

Japan’s Nikkei 225 rose 0.99% in early trading while the Topix index rose 1.29%.

Kospi from South Korea gained 0.78%. In Australia, the S & P / ASX 200 climbed 0.31%.

MSCI’s broadest index for Asia Pacific stocks outside of Japan traded 0.23% higher.

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Investors will be watching the Hong Kong market, which opens at 9:30 a.m. HK / SIN after the Hang Seng index fell more than 20% from its mid-February high through heavy losses last week as regulatory uncertainty over the outlook continues to cloud for Chinese technology companies.

Other factors that could weigh on investor sentiment include concerns about a possible withdrawal of monetary policy stimulus by the US Federal Reserve and the continued proliferation of the Delta-Covid-19 variant.

Currencies and oil

The US dollar index, which tracks the greenback versus a basket of its competitors, hit 93.485 after its recent surge from below 93.2.

The Japanese yen was trading at 109.85, stronger than levels above 110 against the greenback last week. The Australian dollar was trading at $ 0.7142 after falling above $ 0.729 last week.

Oil prices were higher on the morning of Asian trading hours, with international benchmark Brent crude oil futures rising 0.6% to $ 65.57 a barrel. US crude oil futures rose 0.48% to $ 62.44 a barrel.

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Health

Early information trace at an increase in breakthrough infections within the U.S.

Ever since Americans started rolling up their sleeves on coronavirus vaccines, health officials have said that people who are vaccinated are very unlikely to become infected or suffer from serious illness or death. However, preliminary data from seven states suggest that the arrival of the Delta variant in July may have changed the calculation.

Breakthrough infections in vaccinated individuals accounted for at least one in five newly diagnosed cases in six of these states and higher percentages of total hospital admissions and deaths than previously seen in any of them, according to figures compiled by the New York Times.

However, the absolute numbers remain very low and there is no doubt that the vaccines continue to provide effective protection. This is still “a pandemic of the unvaccinated”, as the federal health authorities have often said.

Still, the trend marks a change in how vaccinated Americans rate their risks.

“Remember when the early vaccine studies came out, it was like no one was hospitalized, no one died,” said Dr. Robert Wachter, chairman of the medical school at the University of California at San Francisco. “That is clearly not true.”

The numbers support the belief, widely held by Biden government officials, that some Americans could benefit from booster vaccinations in the coming months. Federal officials plan to approve additional shots as early as mid-September, though it’s not clear who will receive them.

“If the chances of a breakthrough infection have increased significantly, and I think the evidence is clear and the protection against serious illnesses is no longer as robust as it used to be, I think the case for boosters is rising quite a bit.” Fast, ” said Dr. Guardian.

The seven states – California, Colorado, Massachusetts, Oregon, Utah, Vermont, and Virginia – were examined because they have the most detailed data. It is not certain that the trends in these states apply to the entire United States.

In any case, scientists have always expected that the number of people who have been vaccinated will become more and more represented in the census of the seriously ill and the dead as the population grows.

“We don’t want to water down the message that the vaccine is hugely effective and protective, more than we initially hoped,” said Dr. Scott Dryden-Peterson, an infectious disease physician and epidemiologist at Brigham & Women’s Hospital in Boston.

“The fact that we are seeing groundbreaking cases and groundbreaking hospital admissions and deaths doesn’t detract from the fact that it still saves many people’s lives.”

The CDC declined to comment on the states’ numbers. The agency is expected to hold a press conference on Wednesday to discuss breakthrough infections, hospital admissions and vaccine effectiveness.

Most breakthrough infection analyzes have numbers collected through the end of June. Based on the cumulative numbers, the CDC and public health experts concluded that breakthrough infections are extremely rare and that vaccinated people are most unlikely to get seriously ill.

State data shows that vaccinated people are much less likely to get seriously ill or die of Covid-19.

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Health

5 U.S. states set new data for Covid circumstances as hospitalizations rise

Five states broke records for the average number of daily new Covid cases over the weekend as the delta variant strains hospital systems across the U.S. and forces many states to reinstate public health restrictions.

Florida, Louisiana, Hawaii, Oregon and Mississippi all reached new peaks in their seven-day average of new cases per day as of Sunday, according to a CNBC analysis of data compiled by Johns Hopkins University. On a per capita basis, Louisiana, Mississippi and Florida are suffering from the three worst outbreaks in the country.

Daily new Covid cases per 100,000 residents

Note: Lines show seven-day average of daily new cases.

Source: Johns Hopkins University, CNBC analysis. As of August 15, 2021.

Daily new Covid cases per

100,000 residents

Note: Lines show seven-day average of daily

new cases.

Source: Johns Hopkins University, CNBC

analysis. As of August 15, 2021.

Daily new Covid cases per 100,000 residents

Note: Lines show seven-day average of daily new cases.

Source: Johns Hopkins University, CNBC analysis. As of August 15, 2021.

Louisiana recorded an average of 126 cases per 100,000 residents as of Sunday, more than three times the national average, while Mississippi and Florida averaged 110 and 101 cases per 100,000 residents, respectively, according to the data.

“We’re in the middle of the summer, people are gathering again with people, they’re in large groups, the vaccine has given a false sense of security in some ways to people, and they forget,” Dr. Perry Halkitis, dean of the Rutgers School of Public Health, told CNBC in an interview.

Louisiana

The surging delta variant has hit the Gulf Coast particularly hard, pushing hospitals to their limits. To try to curb the outbreak in Louisiana, officials in July recommended masks indoors for everyone, regardless of whether or not they were vaccinated. They reintroduced a statewide mask mandate on Aug. 2 after it was obvious that wasn’t working and cases kept climbing.

Everyone must now wear masks indoors regardless of their vaccination status, including all students from kindergarten through college.

Louisiana has the fifth-lowest vaccination rate of any state in the country, with 38.3% of its population fully immunized against the coronavirus, according to the Centers for Disease Control and Prevention. Louisiana reported a record-high seven-day average of more than 5,800 new Covid cases as of Sunday, an increase of nearly 27% from a week ago, according to Hopkins data.

Louisiana recorded a seven-day average of 44 Covid-related deaths as of Sunday, over 46% more than a week prior. Almost half of the state’s 882 reported intensive care unit beds were occupied by coronavirus patients as of Monday, compared with a nationwide average of 25%, according the Department of Health and Human Services.

Mississippi

Mississippi Gov. Tate Reeves, a Republican, pleaded Friday with residents to get vaccinated as the state scrambles to hire hundreds of temporary doctors, nurses and EMTs.

He’s also requested ventilators from the Strategic National Stockpile as the spread of the delta variant fills hospitals in the state with mostly unvaccinated patients. Almost 55% of Mississippi’s ICU beds were filled with Covid patients as of Monday, and the state’s seven-day average of nearly 3,300 new coronavirus cases as of Sunday jumped 57% from a week ago.

“When you look across the country, to a certain extent, this current wave is the pandemic of the unvaccinated,” Reeves said at a press conference. “We continue to see more and more data, and the data is becoming more and more clear. Those who received the vaccine are significantly less likely to contract the virus.”

Mississippi has the nation’s second-lowest coronavirus vaccination rate, with 35.8% of its population fully immunized as of Sunday. The state’s death toll also hit a seven-day average of 20, up almost 80% from a week ago.

Florida

Florida reported a record 151,764 new Covid cases for the week on Friday, reaching a new seven-day average of 21,681 cases per day — more than any other state. More than half of the ICU beds in the state are occupied by Covid patients, according to HHS data.

Florida’s surge in cases comes as Republican Gov. Ron DeSantis continues to resist calls from the Biden administration and state advocacy groups to enforce mask mandates and other pandemic-related measures to help contain the massive outbreak. He signed an executive order and law in May that lifted all Covid restrictions across the state and permanently blocked local officials from enacting new ones starting July 1.

In late July, DeSantis issued a controversial executive order that blocked mask mandates in the state’s schools, overruling two counties that required face coverings for their students.

Oregon

Oregon Gov. Kate Brown, a Democrat, is deploying up to 1,500 National Guard members to assist the state’s health systems as Covid hospitalizations set a new record three days in a row, standing at 733 on Friday. The state recorded 1,765 new cases on Friday, bringing its seven-day average to 1,652, according to the most recent data available.

The state reimplemented an indoor mask mandate on Friday for everyone, including fully vaccinated people, in response to the surge in hospitalizations.

Hawaii

Though Hawaii’s outbreak is relatively small compared with most mainland states, cases there have repeatedly been reaching new records since mid-July, hitting a seven-day average of 671 new cases per day on Sunday, according to Hopkins data.

That’s a more-than-sevenfold jump from 89 cases per day a month ago. The recent surge in cases has caught health officials by surprise and is starting to strain the state’s hospital systems. The total number of hospitalizations on the islands is 3,030, with 552 deaths recorded since the beginning of the pandemic.

“We are on fire. When we have hospitals that are really worried about being able to take care of people, that’s a crisis,” Hawaii’s health director, Dr. Elizabeth Char, said at a press conference last week. “When we see this exponential growth in the amount of people that are getting infected with Covid-19 every day — 2,000 people in the last three days — that’s a crisis. And at the point at which we overwhelm our resources, that’s a disaster.”

Hospitalization rates in Hawaii and Oregon, however, aren’t as high as other states. Nationwide, less than 11% of all hospital beds are being used by Covid patients. In Oregon, it’s 11.4%, Hawaii is at 12.1%, followed by Louisiana at 20.4%, Mississippi at 18.7% and Florida at 28.2%, according to HHS data.

Hospital bed capacity correlates very closely with vaccination rates. The states with higher vaccination rates are seeing fewer Covid patients take up hospital beds. Oregon has fully vaccinated 56.8% of its residents, followed by Hawaii at 54.3%, Florida at 50.3%, Louisiana at 38.3% and Mississippi at 35.8%.

“That is why Florida, Louisiana and Mississippi are hurting with bed capacity and ascending death rates, while Oregon and Hawaii are hurting with explosive case rates, but with high vaccination and masking rates, may not ever be in the same precarious position,” said Dr. Peter Chin-Hong, an infectious disease expert at University of California in San Francisco.

As of Sunday, the national seven-day average of new cases stands at 130,710, an increase of 20% from the previous seven-day average, according to Hopkins data. The seven-day average for Covid deaths nationwide rose to 687, up 36% from the previous average.

“We know what the tools are, and now this comes down to policy and political decisionmakers’ value judgment to determine which tools they want to implement,” Dr. Isaac Bogoch, an infectious disease expert at University of Toronto, told CNBC.

Correction: This article has been updated to reflect the correct percentages of fully vaccinated people in Oregon, Hawaii, Florida, Louisiana and Mississippi.

Categories
Health

Map reveals newest outbreak in mainland China as delta instances rise

In recent weeks, new pockets of Covid-19 cases have surfaced in parts of mainland China as the highly contagious Delta variant spreads across the country.

So far this month, locally transmitted cases reported in mainland China have risen to 878 – more than double the 390 cases recorded for the entire month of July, according to the CNBC daily statistics from China’s National Health Commission.

To be clear, the number of reported infections is much lower in China than many countries – including the US, where an average of about 100,000 new cases a day, and Southeast Asia, where daily cases have risen sharply.

Still, Chinese authorities have imposed targeted bans, tightened movement controls and ordered mass tests to curb the recent resurgence in Covid cases.

Impact on China’s Economy

Economists have raised concerns about China’s zero tolerance for Covid. The government has insisted on stamping out any flare-ups in Covid cases, even as many countries around the world – including the UK and Singapore – have started to accept that the virus will never go away.

The recent resurgence of Covid cases in China is due to the fact that some economic growth engines continue to lose momentum while domestic consumption struggles to fully recover, HSBC economists said in a report on Wednesday.

The economists found that the number of new infections reported in China is the highest since an outbreak in northern China in December 2020.

“As a result, many provinces and cities have tightened social distancing restrictions and bans on travel between cities and provinces,” the report said.

“These measures will inevitably weigh on growth, especially domestic consumption, which has not yet seen a full recovery to pre-pandemic levels,” the analysts said.

HSBC said mounting economic pressures could lead Beijing to adopt “more supportive” fiscal policies. This could include major infrastructure spending and tax cuts for small and medium-sized businesses, the bank said.

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World News

Chinese language shares rise as shares of property developer Evergrande soar

SINGAPORE – Mainland China stocks rose in early trading Wednesday as stocks in the most indebted real estate developer Evergrande and some of its units soared.

Meanwhile, oil stocks in the region rose on higher oil prices.

The Shanghai composite rose 0.27%, while the Shenzhen share rose 0.15%. Hong Kong’s Hang Seng index rose 0.21%.

Shares of China’s most indebted developer Evergrande rose more than 8% after the company announced in a filing that it was in talks to sell shares in its units, which include Evergrande Property Services and Evergrande New Energy Vehicle Group belong.

Evergrande Property Services’ shares rose more than 16%, while its new energy vehicles division rose more than 8%.

The Japanese Nikkei 225 rose 0.51% while the Topix rose 0.9%. South Korea’s Kospi lost 0.65%.

The S & P / ASX 200 in Australia was up 0.32%.

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Energy stocks benefit from higher oil prices

New records on Wall Street

Wall Street stocks hit new records, boosted by the passage of a $ 1 trillion infrastructure package by the Senate.

The Dow Jones Industrial Average rose 162.82 points to 35,264.67 and closed on a record. The S&P 500 rose 0.1% to 4,436.75 and closed at a new all-time high.

The Senate’s infrastructure plan, which includes $ 550 billion in new spending on transport and broadband, is expected to help boost the economy as peak growth slows after reopening after the pandemic.

Currencies

The US dollar index, which tracks the greenback against a basket of its competitors, rose above 92.9 yesterday to 93,090.

The Japanese yen was quoted at 110.67, weaker than the previous day at 110.4.

The Australian dollar changed hands at $ 0.7338, slightly lower than it was above $ 0.734 yesterday.

– CNBC’s Yen Nee Lee, Maggie Fitzgerald and Tanaya Macheel contributed to this report.

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World News

Deliveroo shares rise after German rival takes stake within the enterprise

A Deliveroo courier travels down Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions.

Pietro Recchia | SOPA pictures | LightRocket via Getty Images

LONDON – Shares in grocery supplier Deliveroo rose over 10% on Monday after the company announced that larger German rival Delivery Hero had acquired a 5.09% stake in the company.

The company’s stock rose from £ 3.36 ($ 4.66) per share to £ 3.60 per share in early trades on the London Stock Exchange on Monday, its highest level since trading began in March. Meanwhile, Delivery Hero shares on the Frankfurt Stock Exchange remained relatively unchanged.

Deliveroo’s market value is around £ 8 billion, so Delivery Hero’s investment is worth around £ 400 million. Deliveroo declined to comment on the exact amount of the investment, while Delivery Hero did not immediately respond to a CNBC request for comment.

In a notice to investors, Deliveroo announced that Delivery Hero would sell it after the market closed on March 6.

Founded in 2013 by Will Shu and Greg Orlowski, Deliveroo received a boost from Amazon in 2019 when the e-commerce giant launched a $ 575 million funding round into the company.

With a turnover of 4.1 billion

Deliveroo went public in March and while trading got off to a bumpy start, the company’s share price has since rebounded somewhat.

Delivery Hero’s investment comes in the midst of a period of consolidation in the food delivery market.

Deliveroo, headquartered in London, and Delivery Hero, headquartered in Berlin, are two of the largest food delivery companies in Europe and have been battling for market share in countries across the continent and beyond for almost a decade.

Delivery Hero, which is significantly larger than Deliveroo with a market capitalization of around 30 billion euros ($ 35 billion), also has minority stakes in food suppliers like Glovo, Just Eat Takeaway, Rappi, and Zomato.

Delivery Hero co-founder and CEO Niklas Östberg said on Twitter that Deliveroo felt “undervalued” and added that he had “great respect” for Shu and his team. Delivery Hero has been buying shares since April, paying an average of £ 2.70 per share, Östberg said.

It competes with Deliveroo in the Middle East through its Talabat business and in Hong Kong and Singapore through its Foodpanda divisions.

However, Deliveroo and Delivery Hero do not compete in the UK, which is Deliveroo’s main market. That’s because Delivery Hero sold its UK business Hungryhouse to Just Eat in 2016 for around £ 200 million.

Like UberEats and DoorDash, Deliveroo and Delivery Hero rely on an army of self-employed couriers to deliver groceries from restaurant kitchens to homes and offices in cities around the world in around 30 minutes while cutting down on each order.

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Politics

Police officer suicides rise to four deaths

Supporters of Donald Trump gather outside the Capitol building in Washington D.C., on January 06, 2021.

Tayfun Coskun | Anadolu Agency | Getty Images

Two more Washington, D.C., police officers died by suicide in the months after defending the U.S. Capitol during the Jan. 6 riot by Trump supporters, bringing the grim tally of such deaths to four.

One of those cops, 43-year-old Gunther Hashida, was found dead at his home last Thursday, according to a spokeswoman for the Metropolitan [D.C.] Police Department.

Hashida, joined the MPD in May 2003, and most recently was assigned to the emergency response team within the Special Operations Division.

Hours later, the MPD confirmed that another officer from the same department, Kyle deFreytag, died by suicide, and was found July 10.

DeFreytag, 26, had been with the department since November 2016.

A crowdfunding page set up Sunday to pay for a memorial service for Hashida, and to support his family, as of Monday night had raised more than $68,000 from more than 1,500 donors.

The GoFundMe page, which has a $250,000 donation target, said Hashida “leaves behind a loving wife, sister, 3 children, and a wonderful family.”

An online obituary for deFreytag said he “liked hiking, camping, riding his motorcycle, he liked traveling and playing the drums, he enjoyed trying different ethnic foods and always knew the best places to eat.”

“Kyle was kind, he had a quick wit and a great sense of humor & kept us laughing for 26 years,” the obituary said.

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The riot began after then-President Donald Trump urged attendees at a rally outside the White House to march to the Capitol, where a joint session of Congress was meeting to officially confirm the Electoral College victory of Joe Biden as the next president.

Hundreds of Trump supporters invaded the Capitol grounds and buildings, disturbing the proceedings.

More than 500 people have been arrested for alleged crimes related to the invasion.

About 140 officers from both the Capitol Police and the D.C. department were injured in the melee.

 At a congressional hearing last week, four officers described being attacked, berated and threatened with death by throngs of people, many of whom were wielding weapons.

“I was at risk of being stripped of and killed with my own firearm, as I heard chants of, ‘Kill him with his own gun,'” MPD Officer Michael Fanone testified.

Another cop, Capitol Police Sgt. Aquilino Gonell, vented frustration at the hearing at some members of Congress who have downplayed the danger from the riot.

“The same people who we helped, the same people who we gave them the borrowed time to get to safety, now they are attacking us, they are attacking our characters,” Gonell said.

House Speaker Nancy Pelosi, in a statement issued after Hashida’s death was reported, but before DeFreytag’s suicide became public, said, “On behalf of the House of Representatives, I send deepest condolences to the family and loved ones of Metropolitan Police Department Officer Gunther Hashida.”

“Officer Hashida was a hero, who risked his life to save our Capitol, the Congressional community and our very Democracy,” said Pelosi, D-Calif. “All Americans are indebted to him for his great valor and patriotism on January 6th and throughout his selfless service.”

“May Officer Hashida’s life be an inspiration to all to protect our Country and Democracy. And may it be a comfort to Officer Hashida’s family that so many mourn their loss and pray for them at this sad time.”

If you or someone you know is in crisis, call the National Suicide Prevention Lifeline at 800-273-8255.

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World News

Inventory futures rise to kick off August buying and selling after S&P notches sixth-straight profitable month

U.S. stock futures rose on Monday as investors geared up for the first trading day of August.

Dow Jones Industrial average futures rose 93 points, or 0.3%. S&P 500 futures gained 0.4% and Nasdaq 100 futures added 0.5%. The S&P 500 and the Dow sit less than 1% from new all-time highs.

Stocks continued to shake off concerns about the delta variant of Covid, and stocks that would benefit the most from a continued economic recovery led the gains in premarket trading Monday.

Shares of Carnival Corp. were up 3% in premarket trading. Major banks including Morgan Stanley and Bank of America were higher. Airline shares were mostly higher.

“We believe the reopening and recovery trend is on track and continue to see upside for equities,” wrote Mark Haefele, chief investment officer of global wealth management at UBS. “We expect the S&P 500 to climb to around 4,650 by June next year, versus 4,395 at present. But we see the greatest upside for cyclical parts of the market, including energy, financials, and Japanese stocks.”

The Senate was finalizing the text of a bipartisan infrastructure bill, also bolstering optimism on Monday. The bill includes $550 billion in new spending over five years. That’s on top of previously approved funds of around $450 billion.

Caterpillar shares added 1% in premarket trading.

The S&P 500 managed to notch its sixth month of gains in July, although volatility increased amid concerns about the economic recovery in the face of the spreading delta Covid variant. It’s the best monthly winning streak for the benchmark since 2018. The Nasdaq Composite and Dow Jones Industrial Average added about 1.2% and 1.3%, respectively, in July, while the broad S&P 500 gained close to 2.3% last month.

The U.S. is averaging more than 72,000 new Covid cases a day the last 7 days, according to the latest CDC shows, levels not seen since February this year. However, stocks still traded near all-time highs last week even as concerns about the delta variant grew.

“At the end of the day, the stock market is driven by two things: 1) Earnings and 2) Multiples and until COVID (or China) begins to negatively impact one or both of those metrics, stocks can stay resilient,’ Tom Essaye, founder of Sevens Report, said in a note.

Concerns about inflation also plagued the market, however a key inflation indicator showed lesser-than-feared price pressures on Friday. The core personal consumption expenditures price index rose 3.5% in June year-over-year. It marked a sharp acceleration in inflation, but came in slightly below a Dow Jones forecast of a 3.6% jump.

Also on Friday, U.S. second-quarter gross domestic product accelerated 6.5% on an annualized basis, considerably less than the 8.4% rate of growth expected by economists polled by Dow Jones.

Stock picks and investing trends from CNBC Pro:

On the earnings front, Amazon sank nearly 7.6% Friday after the tech giant reported its first quarterly revenue miss in three years and gave weaker guidance. 

But an overall strong earnings season continues to be a tailwind for the market. So far, 88% of S&P 500 companies that have reported have topped EPS estimates, according to FactSet. For the second quarter, the S&P 500 is on track to post earnings growth of 85.1%, which would be the best growth rate since 2009, according to FactSet.

The first trading day of August comes with more big earnings on the way. Lyft, Amgen, Uber, CVS Health, General Motors, Roku and Square all report quarterly results this week.

Square shares sank in premarket trading after Jack Dorsey’s payment company announced a $29 billion all-stock deal to buy Australian installment loan provider Afterpay. Square was off by 4%.

Categories
Health

Covid vaccine charges rise as Individuals rush to get photographs amid delta fears

Nurse Darryl Hana gives a dose of the Pfizer COVID-19 vaccine to a person at a three-day vaccination clinic at the Providence Wilmington Wellness and Activity Center on July 29, 2021 in Wilmington, California.

Mario Tama | Getty Images

The pace of US vaccinations is picking up again as the Delta variant leads to a new surge in coronavirus cases in the US, especially in states with the lowest vaccination rates and worst outbreaks.

Data from the Centers for Disease Control and Prevention shows that nearly 800,000 shots were recorded nationwide on Sunday, the highest total in a day in weeks. The 7-day average of reported vaccinations, including first and second vaccinations, rose by 16% over the past week to 615,000 vaccinations per day (as of Thursday).

The stark contrast in hospital stays and deaths between vaccinated and unvaccinated people has become evident in recent weeks and could convince people on the fence to get the syringes, said Jen Kates, senior vice president of the Kaiser Family Foundation. The overwhelming majority of severe Covid cases – 97% of hospital admissions and 99.5% of Covid deaths – occur in those who are not vaccinated, US health officials say.

“Cases are on the rise and almost everyone who is hospitalized and dies is not vaccinated,” she said. “The data is right there and I think people are realizing that vaccines are our best bet to control this.”

The number of first doses of vaccines has risen faster than the overall rate in the past few days, meaning new people are getting their very first vaccinations. According to the CDC, an average of about 390,000 first doses were given daily for the past seven days, 31% more than a week ago.

“That’s the marker you want to see – the first doses are going up,” Kates said, because it represents new people getting their first shots. This includes people receiving a first vaccination with the two-dose Pfizer or Moderna vaccine, or a single dose of the Johnson & Johnson vaccine.

The pace of daily vaccinations remains far from peak, with more than 3 million daily vaccinations (both doses counted) reported in mid-April. But the upward trend in first doses is encouraging, officials say.

Forty-eight states and the District of Columbia reported increases in average daily first doses compared to the previous week, up from 37 states with increasing first dose rates a week ago.

States with the worst outbreaks see the biggest jumps in vaccination rates, a CNBC analysis of data from the CDC and Johns Hopkins University shows. In the 10 states with the highest average daily new cases per capita, first doses increased 46% week-to-week, significantly higher than the 31% national increase. This group consists of Louisiana, Arkansas, Florida, Mississippi, Missouri, Alabama, Nevada, Oklahoma, Alaska, and Georgia.

“Y’all, we’re going to have a tough couple of weeks,” said Dr. Mississippi state health officer Thomas Dobbs told reporters last week. The state has only fully vaccinated 34.4% of its population, compared to 49.4% of the total US population.

“Delta hits us very hard. We expect we will continue to put additional pressure on the health system, ”he said, noting that there were 13 hospitals across the state with“ zero intensive care beds ”. The breakout there is a strong argument for getting the shots. About 93% of the state’s Covid cases and 89% of deaths in the past month were unvaccinated, he said.

The Delta variant is spreading across the country, causing new spikes in cases, hospitalizations, and deaths, especially in states with poor vaccination records. It is significantly more contagious than the original variety. And unlike the ancestral Covid strain, it is just as easily transmitted from both unvaccinated and fully vaccinated people who have contracted the virus, federal health officials have warned.

Many of the states that have seen dramatic increases in vaccination rates have high community infection rates and low vaccination rates. Louisiana, Mississippi, Alabama, and Georgia are among the top 10 least vaccinated states in the country.

State health officials attribute the rising rates to a combination of factors, including fears of the more contagious Delta variant.

“Last week we doubled the number of people who initiated the vaccine,” said Dr. Joseph Kanter, medical director of the Louisiana Department of Health, told reporters in a call hosted Thursday by the Association of State and Territorial Health Officials. “And this week we are well on the way to double that number again. So we are well on the way to quadruple our vaccination rate within two weeks.”

In Alabama, first doses rose 62% to about 7,400 a day in the past week. It has the fifth lowest vaccination rate in the country among people 12 years and older, while its outbreak, which averages 35 new cases per day per 100,000 population, is the sixth worst in the US

Alabama Health Officer Dr. Karen Landers said concerns about the Delta variant, along with educational efforts and partnerships with local leaders, were the likely reasons for the increased interest in the jab.

“We continue to emphasize the importance of getting vaccinated and we know that the increase in variants, and certainly the delta variant, is more contagious,” she said. “We have the feeling that more and more people understand this need.”

Still, Landers said, misinformation about vaccines is slowing progress. Many people don’t understand the drug approval process and wait for the FDA to give the vaccines full approval before receiving the syringes. Pfizer, Moderna, and Johnson & Johnson vaccines have all been granted temporary emergency approvals and are awaiting final approval.

“We know that many of our employees in Alabama are still not listening to the information we provide regarding scientific evidence,” she said. “We must continue to fight misinformation in our state.”

Conspiracy theories have also run amok and hampered vaccination efforts in neighboring Mississippi, local health officials say.

“We hear everything from the microchip insertion to the depopulation plan, which uses the vaccine to magnetize people. I mean, you name it, we heard it,” said Dr. Dan Edney, chief medical officer for the Mississippi Department of Health, told reporters last week.

An analysis by the Kaiser Family Foundation released in early July shows that the vaccine rate gap between counties that voted for President Joe Biden and former President Donald Trump has widened as the vaccine rolled out, with Democrats much more common report that they were vaccinated Republicans.

Alabama Governor Kay Ivey recently joined Florida Governor Ron DeSantis and former White House press secretary and Arkansas gubernatorial candidate Sarah Huckabee Sanders in a growing chorus of Republican figures who have been voting in recent days asked to be vaccinated.

“It is time to blame the unvaccinated people, not the normal people. It’s the unvaccinated people who are failing us, ”Ivey said last week.

A health care worker at a drive-through location established by Miami-Dade and Nomi Health in Tropical Park prepares to administer a COVID-19 vaccine in Miami, Florida on July 26, 2021.

Joe Raedle | Getty Images

State health officials in Texas, where the proportion of the eligible population with a vaccination is about 5 percentage points below the US level of 66.9%, say the danger of the Delta variant is pushing people to get vaccinated. According to Johns Hopkins data, the state’s average daily case numbers rose 72% over the past week.

“We have seen increases in vaccine doses over the past few weeks,” wrote Chris Van Deusen, director of media relations for the Texas Department of State Health Services, in an email. “We’ve talked a lot about how serious the situation is with the Delta variant as cases and hospitalizations increase, and people seem to get the news.”

California saw a 16% weekly increase in the number of people getting their first dose of vaccine, Governor Gavin Newsom told reporters Monday, including an increase in the vulnerable zip codes “hardest hit by this pandemic”.

“In part because of the Delta and increases in the number of cases and hospital admissions, we are now seeing increased interest in the Covid vaccination in select areas and states,” said Dr. Arthur Reingold, epidemiology director at the University of California, Berkeley.

Officials hope the trend will continue as governments and companies increase pressure on employees and customers to get the shots.

The U.S. Department of Veteran Affairs requires that all health care workers working in Veterans Health Administration facilities be fully vaccinated against Covid vaccinations. Governors in California and New York last week announced plans to mandate vaccines for state employees or to have strict health protocols. Biden put forward a similar federal policy on Thursday, urging governors to offer $ 100 payments to people who receive their first doses of vaccine. Google was one of the first major employers to say it will make vaccines mandatory for anyone who returns to the office this fall.