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African Americans General

African Americans are at higher risk of death from coronavirus

As the novel coronavirus sweeps across the United States, it appears to be infecting and killing black Americans at a disproportionately high rate, according to a Washington Post analysis of early data from jurisdictions across the country. The emerging stark racial disparity led the surgeon general Tuesday to acknowledge in personal terms the increased risk…

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Australian million Technology

Australian startup SafetyCulture nabs $800 million valuation on $35.5 million round

SafetyCulture, the Australian enterprise software company that manages security and compliance checks at companies around the world, has raised $35.5 million at an $800 million valuation in its latest round of funding. Nearly half of the new money was meant to provide liquidity to employee shareholders who had been with the company over three years,…

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Silicon Technology Valley

Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we have been hard at work…

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Check’ trending Trump

Fact check: Trump makes more false claims about the coronavirus at Tuesday briefing

(CNN)President Donald Trump on Tuesday made inaccurate claims about the World Health Organization and delivered more of the false statements that have become a signature trait of his daily coronavirus briefings.At CNN, we start with the facts. Visit CNN’s home for Facts First.We are still reviewing some of Trump’s comments at the daily White House…

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General hospitals short

Who gets a shot at life if hospitals run short of ventilators?

But the idea makes some uncomfortable. A Maryland panel rejected the priority access, arguing those sick enough to need the life-sustaining machines would be unlikely to return to their jobs anytime soon and that defining who is and who is not a health-care worker in a crisis is too morally fraught.While President Trump and members…

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China lifts trending

China lifts lockdown on Wuhan as city reemerges from coronavirus crisis

(CNN)China has ended its lockdown of Wuhan, the original epicenter of the coronavirus crisis, as the city reemerges from a deadly outbreak that is now raging across the globe.But even as Wuhan reopens its borders after 76 days, some restrictions within the city will remain in place, and officials warn that the threat of further…

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Kayleigh McEnany trending

Kayleigh McEnany set to become fourth Trump press secretary

(CNN)The White House’s communications staff got a shakeup Tuesday with the announcement that Kayleigh McEnany, the Trump 2020 campaign’s press secretary and high-profile Republican communicator, is joining the team as the Trump administration’s fourth White House press secretary.McEnany comes to the role with a bevy of Republican communications and television experience, beginning with an internship…

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California Coronavirus General

Coronavirus: California scrambles to issue extra $600 jobless payments amid economic meltdown

More than 2 million Californians have recently filed for jobless benefits, Gov. Gavin Newsom said Tuesday, and state officials are scrambling to get newly out-of-work residents the larger unemployment benefits enabled by the federal CARES Act to ease coronavirus-spawned economic devastation. Gov. Newsom estimated at a news briefing on Tuesday that about 2.3 million people…

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million raises Technology

Tyto Care raises $50 million as it looks to buy and build new services during COVID-19 demand surge

Tyto Care, the provider of a home health diagnostic device and telemedicine consultation app, said it has raised $50 million in a new round of funding. The round was led by Insight Partners, Olive Tree Ventures, and Qualcomm Ventures, according to a statement and brings the startup’s total capital raised to over $105 million. The…

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management Restaurant Technology

Restaurant management platform Toast cuts 50% of staff

Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its staff by 50% through layoffs and furloughs, according to a blog post from Toast’s CEO, Chris Comparato. It also reduced executive pay…