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DG - Dollar General News Story

$209.04 2.4  1.2%

Last Trade - 12/04/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £36.07bn
Enterprise Value £38.08bn
Revenue £24.62bn
Position in Universe 253rd / 6825

UPDATE 2-"Things are tenuous," U.S. CDC says as downward trend in COVID-19 cases stalls

Fri 26th February, 2021 4:51pm
(Adds quotes from officials)
    By Jeff Mason and Carl O'Donnell
    WASHINGTON, Feb 26 (Reuters) - The head of the U.S. Centers
for Disease Control and Prevention said on Friday that a recent
decline in COVID-19 cases may be stalling, a development she
described as concerning while urging that safeguards to fight
the virus remain in place.
    Dr. Rochelle Walensky told reporters the number of cases had
been increasing for the past three days compared to the prior
week and that declines in hospitalizations and deaths were also
"potentially leveling off at still a very high number."
    Walensky painted a critical picture of the current state of
the pandemic.
    "Things are tenuous. Now is not the time to relax
restrictions. Cases, hospital admissions, and deaths all remain
very high and the recent shift in the pandemic must be taken
extremely seriously."
    States and cities have been gradually lifting restrictions
in recent weeks. New York City reopened indoor dining earlier
this month and Massachusetts plans to remove limits on
restaurant capacity starting in March. Montana and Iowa lifted
statewide mask requirements earlier this month, while North
Dakota's mask mandate expired in January. 
    The White House urged companies on Friday to join efforts to
help fight the pandemic by requiring mask-wearing by employees
and educating customers.
    Andy Slavitt, a senior adviser on the White House's COVID-19
response team, listed a number of companies that were taking
measures to help with the pandemic fight and urged more to join.
    He announced what he described as a new partnership between
the Biden administration and leading business organizations to
spur the private sector to encourage companies to require masks
and social distancing to protect employees and customers, make
it easier for employees to get vaccinated with incentives, and
educate the public about the benefits of masks and vaccines.
    "We are asking businesses to amplify CDC messages about
masking and vaccinations on their products, properties and web
sites," Slavitt said.
    Ford and the Gap were producing and donating millions of
masks, he said, while Best Buy, Target and Dollar General were
giving workers paid time off or compensating them to get
vaccines. 
    Uber, PayPal and Walgreens were teaming up to provide $10
million in free rides to vaccination sites, he said, while Lyft
had partnered with CVS and the YMCA to provide $60 million free
or discounted rides to vaccination sites.  
    The White House is working on a broad campaign to educate
Americans about the vaccine as it seeks to bring the pandemic
that has killed more than 500,000 people in the United States
under control.
    President Joe Biden on Thursday noted concerns that later
this spring supply of the vaccines would outstrip demand because
of vaccine hesitancy.  ID:nL1N2KV3IU 
    Moderna Inc said on Wednesday it is working with U.S.
government scientists to study an experimental booster shot that
targets a concerning new variant of the coronavirus.  L1N2KU3A9 
    Infectious disease expert Dr. Anthony Fauci said the study,
which will be run by the National Institutes of Health, will
start in mid-March and that there was no plan yet to begin
manufacturing the experimental booster at scale as it is unclear
whether the new B1351 variant first found in South Africa will
become a dominant variant in the United States. 
     
   

 (Reporting by Jeff Mason in Washington and Carl O'Donnell in
New York; additional reporting by Lisa Lambert
Editing by Chizu Nomiyama and Mark Heinrich)
 ((jeff.mason@thomsonreuters.com; +1 202 898 8300; On Twitter:
@jeffmason1; Reuters Messaging:
jeff.mason.thomsonreuters.com@thomsonreuters.net))
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