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N.Y. Cases at Seven-Week Low; FDA Head Quarantined: Virus Update

(Bloomberg) -- New York reported the fewest new coronavirus cases in seven weeks. The first antigen test won U.S. approval for emergency use. The federal government reversed course and will let states distribute remdesivir to hospitals.Italy had the fewest cases in four days. Germany and Spain are ready to lift some restrictions. Russia’s largest gold mine in Siberia has 89 sick workers as the nation registered more than 10,000 infections for a seventh day.The head of the U.S. Food and Drug Administration is in a two-week quarantine after coming into contact with an infected person.Key Developments:Virus Tracker: cases pass 3.9 million; deaths exceed 276,000Half-empty bar feels like a win after Georgia reopensBrazil is new virus hotspot as infections triple in two weeksMass shootings in the U.S. have plungedLessons from Ebola prepared Africa for coronavirusAuto industry to raise $100 billion from banks for virus reliefSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus. See this week’s top stories from QuickTake here.Musk: Tesla to Quit California (1 p.m. NY)Elon Musk said on Twitter he is moving Tesla’s headquarters and future programs to Texas and Nevada “immediately” after a California county blocked plans to open an assembly plant shut during the pandemic.He had earlier tweeted he was suing Alameda County for “acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense!” The county on Friday said Tesla’s sole U.S. plant in Fremont, California, didn’t meet the criteria to reopen. Musk told staff he aimed to restart the factory Friday.Canada Gets China Medical Gear (12:50 p.m. NY)Canada is securing large amounts of personal protective equipment on daily flights of goods from China and elsewhere, Prime Minister Justin Trudeau said.So far, about 23 flights from China have brought millions of PPE items. In order to gradually restart the economy, Canada needs enough equipment to ensure people can work in safe environments, he said. Equipment arriving from other countries will be tested before being sent out to front-line workers.Africa Seeks Debt Relief, Stimulus (12:40 p.m. NY)African nations needs a two-year debt standstill to give governments the fiscal space to fight the pandemic, South African President Cyril Ramaphosa said.A $100 billion injection of emergency economic stimulus is also required to combat the impact of the disease and almost half of that could come from waiving interest payments, according to the United Nations Economic Commission for Africa.African finance ministers are discussing debt-relief proposals, including a special-purpose vehicle to exchange their sovereign debt for new concessional paper to avoid having to use funds needed to battle the virus to pay private creditors.Italy Has Fewest Cases Since May 5 (12:20 p.m. NY)Italy registered 1,083 new cases on Saturday -- the fewest since May 5 -- compared with 1,327 a day earlier. Confirmed cases now total 218,268. Daily fatalities fell to 194 from 243 on Friday, with a total of 30,395.With the government cautious on easing measures after an initial relaxation on Monday, an Ipsos survey published in newspaper Corriere della Sera on Saturday showed 58% of Italians want all economic sectors to restart as soon as possible.N.Y. Has Fewest Cases in 7 Weeks (11:50 a.m. NY)New York reported 572 new infections on Saturday, the fewest since late March, which Governor Andrew Cuomo called “welcome news.” The state reported 2,938 infections on Friday.New deaths were 226, the same as five days ago and an increase from 216 reported on Friday. The rate of hospitalizations fell again.FDA Chief in Self-Quarantine (11:45 a.m. NY&)Food and Drug Administration Commissioner Stephen Hahn has quarantined himself after coming into contact with someone who tested positive. Hahn, a member of the White House virus task force, notified staff of his decision in a note Friday, according to an emailed statement from the agency.“Per CDC guidelines, he is now in self-quarantine for the next two weeks,” the FDA said. “He immediately took a diagnostic test and tested negative.”The FDA didn’t identify the infected person, but Hahn’s Covid-19 exposure comes as several aides working in the White House have the virus. Vice President Mike Pence’s press secretary, Katie Miller, tested positive Friday, a day after a positive test was reported for a member of the military who works as a valet to President Donald Trump.U.K. Urges Cycling, Walking (11:30 a.m. NY)The U.K., the European country hardest hit by the outbreak, plans to spend 2 billion pounds ($2.5 billion) to encourage people to cycle and walk to work and help relieve pressure on transport systems.Prime Minister Boris Johnson has said that the U.K. has passed the peak of the outbreak, and limiting travel on public transit will help curb the risk of a second wave of infections, said Transport Secretary Grant Shapps. The government will also spend more on electric-car charging points and extend trials of e-scooters and permit their rentals.Daily deaths rose by 346, Shapps said Saturday, down from 626 on Friday and the lowest since May 4. Total deaths reached 31,587, surpassed only by the U.S., with total infections at 215,260.U.S. Can’t Wait for End of Outbreak: Carson (11:25 a.m. NY)America’s economic infrastructure could be destroyed if the nation waits too long to reopen closed businesses, said White House coronavirus task force member Ben Carson, who also is secretary of Housing and Urban Development.The nation has to learn to live with the coronavirus before it can be eradicated, Carson said on Fox News. “If we wait until it’s all gone before we come out, our economy will be gone also.”Carson, who also heads the president’s revitalization council, stressed that it’s possible to resume activity, guided by “data and evidence” from regions that reopened first.Collapse of Travel Demand Scuttles Deal (10:50 a.m. NY)Carlyle Group Inc. and Singapore sovereign-wealth fund GIC Pte. Ltd. are backing out of a deal to buy a stake in American Express Global Business Travel, hit hard by the pandemic. The parties were in talks on terms of the deal, which was set to close this week, but couldn’t reach an agreement, people familiar with the matter said. The deal valued the American Express Co. unit at $5 billion with debt.U.S. Ships Gilead’s Drug to States (10:40 a.m. NY)The U.S. is sending Gilead Sciences Inc.’s remdesivir to Connecticut, Illinois, Iowa, Maryland, Michigan and New Jersey after doctors raised questions about the federal allocation of the drug to treat Covid-19 patients.State health agencies -- rather than the federal government -- will distribute doses to the hospitals, the Department of Health and Human Services said Saturday. Illinois and New Jersey each get more than 100 cases, with the other states receiving from 10 to 40 cases. Each case has 40 vials.After remdesivir won U.S. approval for emergency use, the federal government said it would decide which hospitals got the drug. Doctors then raised questions about the opaque process for getting the therapy to U.S. hospitals.FDA Clears Antigen Test (9:39 a.m. NY)The FDA issued the first emergency use authorization for a Covid-19 antigen test. The diagnostic tests quickly detect fragments of proteins found on or within the virus by testing samples collected from the nasal cavity using swabs, Quidel Corp. said in a statement that linked to a letter from the FDA. The authorization was issued late Friday for its Sofia 2 SARS Antigen FIA.Belarus Holds Military Parade, Russia Cancels (9:30 a.m. NY)Alexander Lukashenko, the authoritarian president of Belarus, defied warnings about the risks of letting the coronavirus spread by holding a military parade marking victory in World War II.Amid an average of about 800 new infections a day, Lukashenko summoned troops to the capital, Minsk, for the parade. Neighboring states including Russia changed their plans as gatherings of thousands of spectators will inevitably spread the disease.Portugal Cases Moderate (9:12 a.m. NY)Portugal reported the smallest increase in new confirmed cases in six days and the number of patients in intensive care units fell for a third day. There were 138 new cases in a day, taking the total to 27,406, the government said. The total number of deaths rose by 12 to 1,126.Information is “encouraging” after the country allowed some small stores to reopen on Monday, Health Minister Marta Temido said at a press conference on Saturday.Germany Plans Stimulus for Arts, Cities (7:30 a.m. NY)Germany will broaden its economic aid, the Tagesspiegel newspaper cited Finance Minister Olaf Scholz as saying in an interview.“The arts and culture need their own stimulus program, we want to massively help people here,” Scholz said. “We also have to do something for hotels and restaurants, which are severely weakened. Thirdly, the municipalities also need massive support.”Germany will also have to pursue an “incredible modernization push” in order to maintain and expand its wealth without using fossil fuels, the newspaper cited Scholz as saying.Saudi Arabia Relaxes Some Restrictions (7:12 a.m. NY)Saudi Arabia is relaxing restrictions on six neighborhoods in Medina, state-run Saudi Press Agency reported on Saturday, citing an official at the Ministry of Interior. Movement will be unrestricted from 9 a.m. until 5 p.m.The Saudi government has reported 35,432 cases including 229 fatalities. It has imposed a 24-hour lockdown and said it will fine and jail those who violate the rules. The kingdom has eased restrictions on some areas in recent weeks.Russia’s Biggest Gold Mine Has 89 Cases (6:53 a.m. NY)Almost 90 workers at Russia’s largest gold mine, operated by Polyus PJSC, have contracted the coronavirus, the state-run Tass news service reported, citing the public health agency.The Olimpiada mine in the Siberian province of Krasnoyarsk recorded 82 new cases of the deadly virus in the past day, Tass cited the press service of the regional branch of Rospotrebnadzor as saying.Earlier, Russia said its number of new infections rose by 10,817 to 198,676, the seventh straight day cases have risen by more than 10,000.Spain Continues Unwinding (5:50 p.m. HK)Spain reported 179 coronavirus deaths in the past 24 hours, according to health ministry data. The country reported 604 new daily cases as the total number rose to 223,578.As of Monday, 51% of the Spanish population will move to the so-called phase 1 as limitations are relaxed across wide swathes of the country. A major exception is the Madrid region, the epicenter of Spain’s coronavirus outbreak.Under phase 1, shops of a size of less than 400 square meters will be able to open with restrictions while bars and restaurants will be able to operate “terraces” but with only 50% of their previously authorized number of tables, according to a government order published in the official gazette. Hotels can open but their public areas will stay closed.Indonesia Reports Most Cases in a Day (5:44 p.m. HK)Indonesia reported an increase in new cases, with the death toll nearing 1,000 as the world’s fourth-most populous nation struggles to contain the spread of the virus.Tests confirmed 533 new infections in the past 24 hours, taking the total to 13,645, Achmad Yurianto, a spokesman for the government task force on Covid-19, said at an online briefing on Saturday. Sixteen patients succumbed to the virus, taking the overall number of fatalities to 959, the third highest in Asia after China and India, according to data from Johns Hopkins University.Faroe Islands Free of Virus (5:30 p.m. HK)The Faroe Islands is now free of the coronavirus after all its 187 confirmed cases were declared to be healthy, the North Atlantic archipelago said on Saturday.The country, which has 52,000 inhabitants and is part of the Kingdom of Denmark, hasn’t registered any deaths from the virus. Denmark’s toll stands at 522 fatalities from more than 10,400 cases.Belgian Daily Tests Exceed 25,000 (5:26 p.m. HK)Belgium reported 585 new coronavirus infections in the past 24 hours, down from 591 the prior day. The country carried out 25,410 tests, the most for a single day since the start of the outbreak and in line with its stated daily capacity of 25,000.Additional fatalities of 76 compare with 107 the prior day. The seven-day average of reported deaths, the measurement favored by Belgian virologists, declined by 4% to 5% a day in the past week. The total death toll in the country of 11.4 million now stands at 8,581.Seoul Nightclubs Linked to Spike (4:19 p.m. HK)A potential second wave of infections could be possible in South Korea after confirmed cases suddenly increased following a lull, with a surge tied to nightclubs in Seoul.The total number of cases linked to nightclubs in the Itaewon neighborhood visited by a 29-year-old patient earlier this month increased to 40 as of noon Saturday, the city’s Mayor Park Won-soon said in a briefing. Park ordered the closing of all nightclubs, discos, hostess bars and other similar nightlife establishments in the capital.Virus Cases Decline Across Several Parts of Asia (3:30 p.m. HK)Virus cases declined in several Asian economies on Saturday, with Hong Kong and Taiwan reporting zero. Countries including China and Thailand reported fewer than 10 new infections, with Australia adding 16.Singapore, one of the last countries in the region to close schools and implement strict containment measures, confirmed 753 new cases on Saturday, down from 768 tallied by Johns Hopkins University Friday. The vast majority are migrant workers living in crowded dormitories.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.





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Earnings Reports for the Week of May 11-15 (CSCO, MAR, SPG)

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Harper felt 'hurt' by Nationals' offer in free agency




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Braves' Hamels: Playing without fans will feel like 'biggest tryout' of career




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Roberts knew he'd be deemed 'a puppet' when he took Dodgers job




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Yankees president: Fans should be eased in once allowed to return




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Harper rips MLB for keeping players out of Olympics: 'That's dumb'




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Halladay's wife: Roy was addicted to painkillers late in career with Phillies




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GOAT Uniforms: Green gridiron unis, retro hockey duds make Part 3 of our list




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Freedom from Religion Foundation, Inc. v. Rodgers

(United States Ninth Circuit) - In a 42 U.S.C. Section 1983 dispute involving the standing of a tax exempt claimant to intervene in a challenge to an unrelated action on the constitutionality of claimed exemptions, IRC sections 107 and 265(a)(6), judgment of the district court denying intervention is affirmed in part and vacated in part because motion to intervene as a matter of right is thwarted by the presumption of adequate representation, where the district court erred in apply an incorrect rule on the issue of permissive intervention.




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Gaylor v. Peecher

(United States Seventh Circuit) - Upheld an Internal Revenue Code provision that excludes housing allowances from ministers' taxable federal income. An advocacy group contended that the tax provision violates the First Amendment's Establishment Clause. Disagreeing, the Seventh Circuit held that the longstanding tax code exemption for religious housing is constitutional, reversing the district court.




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St. Joan Antida High School Inc. v. Milwaukee Public School District

(United States Seventh Circuit) - Revived a parochial school's claim that its students were being denied state‐funded bus transportation equivalent to public-school students, contrary to Wisconsin law and the Equal Protection Clause. Reversed summary judgment in relevant part and remanded.




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Three Expo Events, LLC v. City of Dallas, Texas

(United States Fifth Circuit) - Held that a company had legal standing to challenge a city council resolution barring it from holding a controversial love- and sex-themed expo at the city's convention center. Reversed the district court's ruling on standing, which was based on the specific language of the resolution, in a case where the company asserted First Amendment, equal protection, and other claims against the city.




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Stone Creek, Inc. v. Omnia Italian Design, Inc.

(United States Ninth Circuit) - Affirming that a 1999 amendment to trademark statutes did not eliminate the plaintiff's requirement that they establish wilfulness to justify the award of defendant's profits in a trademark infringement case, but reversing the holding that the defendant's mark was not likely to cause confusion and remanding for inquiry into intent.




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Excelled Sheepskin and Leather Coat Corp. v. Oregon Brewing Co.

(United States Second Circuit) - Reversed summary judgment for an apparel company in its trademark infringement action. A company that sold leather jackets branded ROGUE contended that a commercial brewery that sold ROGUE-branded beer had infringed its trademark by using the name on t‐shirts and hats. The Second Circuit held that the apparel company was not entitled to summary judgment, because the brewery was the senior user and the evidence did not show that it was precluded by laches.




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Express Oil Change, L.L.C. v. Mississippi Board of Licensure for Professional Engineers and Surveyors

(United States Fifth Circuit) - Held that the First Amendment's commercial speech protections entitled a company to operate automotive service centers under the name "Tire Engineers," even though a state board that licenses engineers objected to the use of the profession's occupational title. Reversed and rendered summary judgment in favor of the company, in this declaratory judgment action.




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Thacker v. Tennessee Valley Authority

(United States Supreme Court) - Held that the Tennessee Valley Authority is subject to suits challenging any of its commercial activities, just as if it were a private corporation supplying electricity. The TVA insisted that, as a government-owned corporation, it has sovereign immunity from all tort suits arising from its performance of so-called discretionary functions. However, the U.S. Supreme Court disagreed in a unanimous opinion delivered by Justice Kagan.




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Tennessee Wine and Spirits Retailers Assn. v. Thomas

(United States Supreme Court) - Struck down a Tennessee requirement that applicants for a license to operate a retail liquor store have resided in the State for the prior two years. Held that the residency requirement violates the Commerce Clause because it blatantly favors the State's residents and has little relationship to public health and safety, and further held that the Twenty-first Amendment does not save the state law. Justice Alito delivered the opinion of the 7-2 Court.




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Doe v. McAleenan

(United States Seventh Circuit) - Held that an Iranian national may not appeal the revocation of his petition for conditional permanent residency. He had applied under the EB-5 admission category, which offers visas for immigrants who invest in new job-creating enterprises. Affirmed the ruling below, which concluded that Congress has stripped the courts of jurisdiction to review discretionary revocations of visa petitions.




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Oscar Melendez v. Kevin McAleenan, Acting Secy, et

(United States Fifth Circuit) - Vacated and complaint dismissed. Plaintiff sought declaratory judgment against Defendant, Homeland Security, claiming that DHS improperly denied application for legal permanent resident. Appellate court held that Plaintiff failed to state a legally cognizable claim.




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Universal basic income seems to improve employment and well-being | New Scientist

When surveyed, people who received universal basic income instead of regular unemployment benefits reported better financial well-being, mental health and cognitive functioning, as well as higher levels of confidence in the future.




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Universal basic income seems to improve employment and wellbeing | New Scientist

Finland’s two-year test of universal basic income has concluded that it doesn't seem to disincentivise working, and benefits recipients’ mental and financial wellbeing




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Travel From New York City Seeded Wave of U.S. Outbreaks - The New York Times

via Health News - The New York Times https://nyti.ms/2WLL65m




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How Kushner’s Volunteer Force Led a Fumbling Hunt for Medical Supplies - The New York Times

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Sure, the Velociraptors Are Still On the Loose, But That’s No Reason Not to Reopen Jurassic Park - McSweeney’s Internet Tendency

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PGA exploring 'virtual fan experience' for possible spectator-free Ryder Cup




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Harrington: Ryder Cup may need to 'take 1 for the team' without fans




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Polara Engineering Inc. v. Campbell Co.

(United States Federal Circuit) - Affirmed in part and vacated in part a patent infringement final judgment. Polara, a manufacturer of accessible pedestrian signal systems, filed suit against its competitor Campbell and prevailed after a trial on certain infringement claims. On appeal, the Federal Circuit affirmed the district court's denial of Campbell's JMOL motion but vacated the enhanced damages award and remanded for further proceedings.




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Lee v. US

(United States Federal Circuit) - Affirmed the dismissal of class action employment law claims brought by independent contractors working for the government-funded broadcast service Voice of America. The contractors alleged that they should have been appointed to positions in the civil service or retained through personal-services contracts instead of working under purchase order vendor contracts that provided less in the way of compensation and benefits. In affirming the dismissal, the Federal Circuit agreed with the trial court's finding that plaintiffs had set forth no viable theory of recovery.




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Trustees of Boston University v. Everlight Electronics Co., Ltd.

(United States Federal Circuit) - Held that a patent claim relating to light-emitting diodes was invalid because it did not meet the enablement requirement. After a jury found that the defendants had infringed Boston University's patent, the defendants appealed on the ground that the patent was invalid because it did not adequately teach the public how to make and use the invention. Agreeing with this argument, the Federal Circuit held that the defendants were entitled to judgment as a matter of law.




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Crow Creek Sioux Tribe v. US

(United States Federal Circuit) - Affirmed the dismissal of a federally recognized Indian tribe's lawsuit seeking damages and injunctive relief for the alleged taking and mismanagement of its water rights. The Crow Creek Sioux Tribe filed suit against the federal government seeking to enforce its water rights on its reservation located along the Missouri River in South Dakota. Agreeing with the U.S. Court of Federal Claims, the Federal Circuit held that the tribe failed to allege an injury in fact, because there was no allegation that the tribe lacked sufficient water to fulfill the purposes of the reservation.




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Scrimo v. Lee

(United States Second Circuit) - Reversed. Finding the trial court’s exclusion of three defense witnesses violated defendant’s constitutional right to present a complete defense, the panel reverses and remands the judgement of the district court with direction to grant the writ.



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