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Coronavirus live updates: Brazil outbreak threatens Bolsonaro; vaccine a '2021 event,' former FDA chief says - CNBC
May 27, 2020 3 mins, 31 secs

Images of packed pools and beaches from the holiday weekend showed how much reopening is accelerating across the U.S., and Dr.

Anthony Fauci warned that states should not go "leapfrogging" over reopening guidelines. House Democrats asked Treasury Secretary Steven Mnuchin Tuesday why airlines that got billions from the government to maintain payrolls during the pandemic are cutting worker hours.

Boeing is planning to lay off more than 6,000 employees this week as CEO Dave Calhoun said in a note, "now we have come to the unfortunate moment of having to start involuntary layoffs.".

This is CNBC's live blog covering all the latest news on the coronavirus outbreak.

ET — The "jury is still very much out" on whether people who have been infected with the coronavirus are at risk of becoming infected again, said Dr.

He said there is some evidence that former Covid-19 patients with virus-killing T cells may be able to mount a more "rapid response" against the virus.

But there is no empirical evidence that previous coronavirus infections protect patients from re-infection, he said.

He said reopening dates will look different for schools across the state and it will be up to local districts to develop their own reopening plans. "We have 10,000 schools — there is no one size fits all," Thurmond said at a press briefing Wednesday.

Thurmond said that students and staff should wear face coverings and that there will smaller class sizes and fewer students on buses.

He also said that students will have their temperatures taken at school.

ET — New York City is working on when and how to reopen restaurants and bars safely with social distancing guidelines, Mayor Bill de Blasio said.

"We are looking very intensely at what we can do with bars and restaurants, but again with a safety-first attitude," he said at a news briefing.

De Blasio said New York City remains on track to reach phase 1 of reopening by early June.

City officials have to figure out how much space and capacity restaurants would need in order to make it worth reopening their businesses, according to de Blasio.

ET — The multiple shocks facing young people from the coronavirus pandemic could result in them being scarred throughout their working lives, creating a "lockdown generation," the International Labour Organization has warned.

He didn't specify a percentage of employees expected to return in the U.S., but the figure likely won't climb above 50% in the near future as social distancing rules will still be in effect.

"I wish there were some other way,"  CEO Dave Calhoun said.

ET — The stay-at-home trade that thrived during the pandemic market turmoil is getting clobbered on Wednesday as investors rotated out of red-hot technology names amid the reopening of the economy.

Anthony Fauci warned states about "leapfrogging over the recommendations" for reopening as the coronavirus outbreak slows in some parts of the U.S.

He said a second wave of the coronavirus in the United States "could happen" but is "not inevitable.".

can prevent a second wave as long as states reopen "correctly," Fauci said during an interview on CNN.

"I don't want people to think that any of us feel that staying locked down for a prolonged period of time is the way to go," Fauci said Friday. —Berkeley Lovelace, Jr.

ET — As the pandemic forces some retailers to file for bankruptcy protection and permanently close stores, Walmart is seeing opportunities to step up its fashion offerings and gain market share in apparel.

But because of the pandemic, she said more customers may turn to Walmart as they shop for clothes and buying fashionable, yet budget-conscious items may have even more relevance.

"We might have it available in the fall for emergency use authorization for certain populations, and we'll certainly have the doses by the end of the year," he said in an interview on CNBC's "Squawk Box." "I just don't think we'll have the data to support widespread inoculation at that point."

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