The Analyzer News Roundup For May 26, 2020
As the U.S approached the dismal milestone of 100,000 deaths from the novel coronavirus after a Memorial day weekend with filled beaches and parks, surges in some areas of the nation prompted local officials to reconsider their plans for reopening.
North Carolina reported its largest single-day increase since the outbreak. The news came with new pressure to open business, most notably from President Trump, who threatened to move the Republican National Convention out of the state because officials said they might not permit the event to be attended at full capacity.
Meanwhile, some lucrative companies based in California announced they were considering moving out of the state due to COVID-19 regulations or just because of dissatisfaction with conditions in the world’s fifth largest economy.
Alex Karp, CEO of the billion dollar data-integration firm Palantir Technologies, said in a recent interview that the culture of Silicon Valley may lead him to move his company to Colorado.
At the same time, Elon Musk, CEO of Tesla, threatened to pull its manufacturing plant in Fremont, CA to protest social distancing regulations imposed on businesses. The mayor, Lily Mei, said in a statement there “has been a collaborative, good-faith effort to develop and implement a safety plan” for Tesla but did stress their need to open.
Meanwhile, another company founded by Musk, Space X, was set to make history Wednesday as the first private firm to send a manned team into space.
A successful launch could signal more collaborative efforts between the government and the private sector on aerospace ventures.
