"No doubt, ideally we would have broader testing, but at the moment, capacities are limited," Roche CEO Severin Schwan said on CNBC's "Squawk Box." "I think this is still a couple of weeks, if not months, out, and the reason is very simple."
Democrats and Republicans continued to negotiate a massive stimulus funding package that failed to get enough votes in a key Senate procedural vote Sunday evening.
Major groups representing U.S. mayors, police and fire chiefs and first responders are urging President Donald Trump to use the Defense Production Act to get them "essential personal protective equipment" quickly to help them respond to the coronavirus pandemic.
The rapid and international dissemination of the warnings shows how false or misleading information can end up in legitimate channels, NBC News reported.
Those in Lake Elsinore City in Riverside County and in Sacramento County can now be screened for the new coronavirus. The effort launched March 15 in San Mateo and Santa Clara counties.
The federal government is racing to ease the pain facing the U.S. economy as the coronavirus pandemic makes its swift pivot from public health crisis to financial catastrophe.
President Trump unleashed a barrage on Twitter, spreading conspiracy theories about the coronavirus and promoting a dubious article that suggested a miracle cure was at hand.
Treasury yields plunged on Monday after the Federal Reserve pledged asset purchases with no limit to support the markets amid the coronavirus pandemic.
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