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 The global death toll from the coronavirus-borne illness COVID-19 rose above 3 million on Saturday, according to data aggregated by Johns Hopkins University, as the case tally climbed above 140 million. The U.S. leads the world in cases and deaths by wide margins, with 31.6 million cases and 566,238 deaths. The U.S. added at least 78,932 new cases and 940 new deaths on Friday, according to a New York Times tracker. The U.S. has averaged 70,117 cases a day in the past week, up 8% from the average two weeks ago.
Outside of the U.S., India has replaced Brazil as the country with the second highest number of cases at 14.5 million, and is fourth globally by deaths at 175,649. Brazil is third by cases at 13.8 million and second with a death toll of 368,749. Mexico is third by deaths at 211,693 and 14th highest by cases at 2.3 million. The U.K. has 4.4 million cases and 127,472 deaths, the highest in Europe and fifth highest in the world.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Tim Cook, chief executive of Apple Inc. , is among more than a dozen witnesses scheduled to speak on behalf of the company in its federal court trial next month vs. Epic Games Inc. over the 30% commission that Apple charges developers on its App Store. In addition to Cook, Craig Federighi, Apple's senior vice president of software engineering, and former marketing head Phil Schiller are on the witness list, according to a court filing by the iPhone maker Wednesday. Apple also listed professors in economics, computer science, and marketing as expert witnesses. Epic CEO Tim Sweeney is expected to testify as well.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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