Ciara Linnane
Ciara Linnane
Companies and investing editor, MarketWatch.com. Views my own, obv. Dubliner. Also, I don't own any individual stocks.Source
New York, United States
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South Dakota emergency-room nurse says some patients insist COVID-19 isn’t real even as they’re dying from it

South Dakota emergency-room nurse says some patients insist COVID-19 isn’t real even as they’re dying from it

A South Dakota nurse took to Twitter on Sunday to highlight a tragic feature of the coronavirus pandemic: patients who rail against health-care workers because they don’t believe COVID-19 is real.‘The ones who scream at you for a magic medicine and that Joe Biden is going to ruin the USA. All while gasping for breath on 100% Vapotherm. They tell you there must be another reason they are sick. They call you names and ask why you have to wear all that “stuff” because they don’t have COVID because it’s not real.’Jodi Doering, an emergency-room registered nurse, described the phenomenon after...

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Ciara Linnane
Nov 16
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Coronavirus tally: Global cases of COVID-19 46.6 million, 1.2 million deaths and Trump hints at firing Fauci

Coronavirus tally: Global cases of COVID-19 46.6 million, 1.2 million deaths and Trump hints at firing Fauci

The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 46.6 million on Monday, according to , while the death toll rose to 1.2 million. The U.S. has the highest case total at 9.2 million and deaths at 231,003. Dr. Anthony Fauci, America's foremost infectious-disease expert and the director of the National Institute of Allergy and Infectious Diseases, that the U.S. is "in for a whole lot of hurt," during the winter months with cases spiking across the nation. Fauci added that the U.S. needs to make an "abrupt change" in public health practices and behaviors...

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Ciara Linnane
Nov 2
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Coronavirus update: U.S. death toll tops 225,000 and Trump’s chief of staff says U.S. is ‘not going to control the pandemic’

Coronavirus update: U.S. death toll tops 225,000 and Trump’s chief of staff says U.S. is ‘not going to control the pandemic’

The U.S. death toll from the coronavirus illness COVID-19 rose above 225,000 on Monday, with more than 20 states reaching record levels of new infections, and President Donald Trump’s chief of staff said the U.S. is “not going to control the pandemic.” Mark Meadows, said the U.S. would not be able to control the spread, “because it is a contagious virus just like the flu.”The White House would instead “control the fact that we get vaccines, therapeutics and other mitigation areas.” Vaccine makers have said they do not expect to have a vaccine ready for regulatory scrutiny any time soon, as...

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Ciara Linnane
Oct 26
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Coronavirus update: CDC says nearly 300,000 excess American deaths have occurred during pandemic

Coronavirus update: CDC says nearly 300,000 excess American deaths have occurred during pandemic

The U.S. death toll from the coronavirus illness COVID-19 rose above 221,000 on Wednesday, as the nation’s leading public health agency said almost 300,000 Americans have died during the pandemic, including fatalities that would not have happened without the virus. In the Centers for Disease Control and Prevention said the number is higher because it includes people who died from heart attacks or other medical emergencies that were untreated because people were afraid to go to a hospital.The study also uncovered that the biggest percentage rise in excess deaths were in those aged 25 to 44,...

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Ciara Linnane
Oct 21
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Cloud company Snowflake raises IPO price range to $100 to $110 vs. prior $75 to $85

Cloud company Snowflake raises IPO price range to $100 to $110 vs. prior $75 to $85

Cloud company Snowflake Inc.raised the proposed price range for its initial public offering on Monday to $100 to $110, up from a prior $75 to $85. The company is planning to offer 28 million shares to raise up to $3.08 billion. The company has applied to list on the New York Stock Exchange under the ticker 'SNOW.' There are 23 banks underwriting the deal led by Goldman Sachs and Morgan Stanley. Proceeds will be used for general corporate purposes, including potential acquisitions. "We believe in a data connected world where organizations have seamless access to explore, share, and unlock...

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Ciara Linnane
Sep 14
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UPDATE: Short seller Hindenburg alleges that electric truck maker Nikola is an 'intricate fraud' in new report

UPDATE: Short seller Hindenburg alleges that electric truck maker Nikola is an 'intricate fraud' in new report

Short seller Hindenburg Research published a report on electric truck maker Nikola Inc.on Thursday, accusing it of being built on lies told by its Founder and Executive Chairman Trevor Milton over many years. Nikola shares fell 9% on the news. "We have gathered extensive evidence-including recorded phone calls, text messages, private emails and behind-the-scenes photographs-detailing dozens of false statements by Nikola Founder Trevor Milton," said the report. "We have never seen this level of deception at a public company, especially of this size." Nikola has misled partners by making...

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Ciara Linnane
Sep 10
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New York Gov. Cuomo says President Trump has put politics above public health throughout pandemic

New York Gov. Cuomo says President Trump has put politics above public health throughout pandemic

New York Gov. Andrew Cuomo issued a scathing critique of President Donald Trump’s handling of the coronavirus pandemic on Monday, saying he has denied the reality of the situation from Day 1:‘He said it doesn’t exist, it’s going to go away, by Easter we’ll be reopened, it’s going to go away like a miracle. It didn’t go away, there was no miracle — he denied reality.’“The federal government,” Cuomo said at a press briefing, “is committing gross negligence.”A key factor, according to Cuomo, is that Trump is putting a political agenda over public health policy.“It’s politically inconvenient in...

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Ciara Linnane
Jul 13
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Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

The global on Thursday, while, in the U.S., a new poll found the majority of Americans disapprove of President Donald Trump’s handling of the pandemic.The poll, conducted by Global Strategy Group on behalf of found 57% think the response so far only benefits Trump and big companies, and, while there is strong support for the $2 trillion stimulus package, 59% of those polled said it does more for companies than individuals. And 69% of those surveyed said Trump is not being transparent enough with how taxpayer dollars are being distributed.“To put it mildly, the American public is not pleased...

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Ciara Linnane
May 14
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Coronavirus update: U.S. death toll tops 73,000, as Trump administration shelves ‘too cautious’ CDC guide to reopening

Coronavirus update: U.S. death toll tops 73,000, as Trump administration shelves ‘too cautious’ CDC guide to reopening

The number of U.S. fatalities from the coronavirus that causes the disease COVID-19 climbed above 73,000 on Thursday, as President Donald Trump’s administration reportedly confirmed on reopening safely because they were too cautious.The Associated Press was first to report that the government had rejected the advice of its own public health agency and had told the CDC a draft guide on reopening schools, restaurants, summer camps, churches, day-care centers and more “would never see the light of day.” The recommendations included detailed flow charts to be used by local officials.The news...

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Ciara Linnane
May 7
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Coronavirus update: 1.89 million cases worldwide, 118,304 deaths; and Trump attacks Dr. Fauci and the New York Times

Coronavirus update: 1.89 million cases worldwide, 118,304 deaths; and Trump attacks Dr. Fauci and the New York Times

The U.S. death toll from COVID-19 rose above 22,000 on Monday, as President Donald Trump railed against the nation’s top infectious disease expert for suggesting more lives could have been saved if restrictions on movement had been imposed earlier.Trump on Sunday and that detailed how he was warned about the likelihood of a global pandemic but repeatedly resisted the advice of health care and intelligence experts.In an interview with CNN, Fauci conceded that “logically” fewer people would have been infected if stay-at-home and social-distancing measures had been imposed in February, instead...

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Ciara Linnane
Apr 13
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AMC Theatres launches streaming service in latest blow to Netflix

AMC Theatres launches streaming service in latest blow to Netflix

ShareAMC is the first cinema chain to launch a streaming service, adding to a wave of new competition from Disney, Apple and othersIn the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the...

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Ciara Linnane
Oct 21
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‘Don’t smoke the Kool-Aid,’ analyst says in sober note on the cannabis sector

‘Don’t smoke the Kool-Aid,’ analyst says in sober note on the cannabis sector

MKM analyst Bill Kirk slaps sell ratings on Curaleaf and Aurora Cannabis, but says Acreage Holdings and Hexo are a buyMKM Partners initiated coverage of five Canadian cannabis companies and two U.S. multi-state operators on Friday with a cautious outlook, arguing that the current business model of cultivation will become commoditized and make it difficult for companies to build strong brands. In a note entitled, “Don’t Smoke the Kool-Aid,” analyst Bill Kirk, an executive director at MKM, said supply will likely exceed consumer spending growth, which will pressure existing business models....

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Ciara Linnane
Sep 22
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