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What southern Coloradans need to know this week

What southern Coloradans need to know this week


COLORADO SPRINGS — With so much information being announced daily about the COVID-19 pandemic, here is a review and preview of what is going on in Southern Colorado as it pertains to the virus:

The Review

Colorado lawmakers pass 10 bills aimed at COVID-19 pandemic relief in 2020 special session

Colorado lawmakers passed 10 bills in the three-day 2020 special session that adjourned Wednesday which allocate around $300 million in relief spending toward small business, housing, child care and other sectors deeply affected by the coronavirus pandemic.

The measures that passed include the priorities from Democratic leadership announced before the session started, as Democrats control both the House and Senate, but the Republican priorities, which included sending tax credits to families and limiting the governor’s authority during an emergency, failed.

“Help is on the way:” Gov. Polis, Dr. Fauci discuss vaccines and COVID-19 in Colorado

Dr. Anthony Fauci, the nation’s top expert on infectious diseases, joined Gov. Jared Polis Tuesday afternoon to discuss the state of COVID-19 in Colorado and the anticipated surge in cases following the Thanksgiving holiday.

Fauci said Colorado is not alone in seeing a spike in cases and described the situation the country is seeing as a “public health crisis.” He described this increase as worse than the ones we experienced in the past.

First, both Polis and Fauci said high priority individuals, such as healthcare workers, those in nursing homes, and veteran facilities will gain access to the vaccine in December. Then, in January, February, and March, essential workers, such as teachers, will be able to get the shot. By April, Fauci expects it will be available to the general public.

Pueblo City Council introduces “5 Star” plan for its businesses

The city of Pueblo is one step closer to applying for a program that could allow indoor dining, while still being in Level Red under the state’s COVID dial.

It is referred to as the ‘5 Star Variance” program. On Tuesday night, Pueblo’s City Council, The Board of County Commissioners, and Mayor Gradisar met to discuss the program.

The program would allow restaurants and businesses to open back up, under Level Orange restrictions. However, the businesses and restaurants would need to meet certain health and safety guidelines.

Fremont County to move into “high risk” level on state COVID-19 dial Friday

Fremont County health officials announced the county would be moving into Level Orange: High Risk on the state’s COVID-19 dial Friday.

The move took effect at 12 a.m. Friday, impacting capacity limits.

For a county to operate within the Level Orange: High Risk level on the COVID-19 dial, the county would have to have a 15% positivity rate or less, 175-350 cases per 100,000 people, and greater than two new COVID-19 hospital admissions per day. Under this dial level, restaurants will operate at 25% capacity indoors with 6 feet between parties outdoors per guidance and bars will be closed.

For a break down of capacity on Level Orange, click here.

The Preview

Here’s a look at what you’ll see on News 5 this week.

On Monday, Pueblo’s newest COVID-19 testing site will open.

Parkview Hospital’s new visitor policy goes into effect and only a limited number of visitors will be allowed.

The City of Pueblo is also holding a special session Monday to discuss several items, one of which is funding for a new testing site.

Also this week, News 5’s Ashley Portillo is talking with a foster care agency that’s setting up a virtual wish list to help foster kids this holiday season.

On Thursday, Meteorologist Alex O’Brien will have your ski report and more on what you can expect if you’re hitting the slopes next weekend.

We’ll also continue to stay on top of how folks and small businesses are adapting to this unique holiday season.

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With The Rebound Colorado, News5’s team will be here to answer your questions, bringing you expert advice to balance the books, pay the bills, and rebuild savings accounts. E-mail us any time at [email protected] with your suggestions, feedback, frustrations, ideas, suggestions, and anything else you need.

The Rebound Colorado





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Reviews

What southern Coloradans need to know about COVID-19 this week

What southern Coloradans need to know about COVID-19 this week


COLORADO SPRINGS — With so much information being announced daily about the COVID-19 pandemic, here is a review and preview of what is going on in Southern Colorado as it pertains to the virus:

The Review

El Paso County to move to Safer at Home Level 3 restrictions on Friday

El Paso County moved to Safer at Home: Level 3 on the state COVID-19 last Friday. The move follows recent increases in COVID-19 case rates, test positivity, and hospitalizations.

The CDPHE has given the county until 5 p.m. on Friday, Nov. 13 to implement necessary changes.

Pueblo County moving into “high risk” on state dial Saturday

Pueblo County Department of Public Health officials announced last Thursday that the county would be moving into the “high risk” level on the state COVID-19 dial Saturday.

The move to a more restrictive level means the county will lose its variances, which could result in the closure of some businesses. Other businesses may have further limits or restrictions on capacity. In the “high risk” level, capacity is set at 25%.

El Paso County to launch campaign in fight against COVID-19

El Paso County officials are launching an educational campaign as cases of COVID-19 continue to rise.

The county said #SmallActs, the campaign kicking off Monday, will encourage residents to perform small acts “that can make a big impact on stopping the spread of the coronavirus cases.”

Gov. Jared Polis extends statewide mask mandate for another 30 days

Gov. Jared Polis discussed COVID-19 vaccines and extended the statewide mask mandate for another 30 days.

This follows Thursday’s press conference where Colorado’s state epidemiologist said that she believes coronavirus is circulating at its highest levels yet in the state as hospitalizations here have also topped their April high point.

Local school districts returning to online learning

Many local school districts have made the decision to return to online learning for the remainder of the fall semester.

Both Pueblo Districts 60 and 70 have done so, as have Colorado Springs School Districts 11, 20, and 49.

Pfizer says its COVID-19 vaccine candidate is 90% effective

Pfizer announced Monday that its COVID-19 vaccine candidate has been 90% effective.

In a press release, the company said that in Phase 3 trials, the vaccine has proven to promote a vaccine efficacy rate above 90% following the two-shot regimen.

Pfizer is already in the process of producing millions of doses of its vaccine candidate after the U.S. government agreed to pay $1.95 billion for 100 million doses of the vaccine, should it prove effective. If and when the FDA grants approval for the vaccine, it will be distributed to hospitals around the country by the U.S. military in an effort the Trump administration has dubbed “Operation Warp Speed.”

The Preview

The Rebound Colorado

On Monday, Elizabeth Watts will take you to the Backyard Marked in Black Forest. It’s a farmer’s market that actually started during the pandemic. She’ll show you how they plan to make things work through the winter months.

On Tuesday, Patrick Nelson will introduce you to a family that is doing their best to celebrate Thanksgiving together and what they’re going through to make that happen. You’ll also hear from experts on ways to keep your gatherings as safe as possible.

Then on Thursday, Patrick will show tell you about the current crisis for daycares. Ten percent have closed during the pandemic. He’ll explain why and also how a non-partisan group is doing what they can to protect daycare centers during these tough times.

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With The Rebound Colorado, News5’s team will be here to answer your questions, bringing you expert advice to balance the books, pay the bills, and rebuild savings accounts. E-mail us any time at [email protected] with your suggestions, feedback, frustrations, ideas, suggestions, and anything else you need.

The Rebound Colorado





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Samsung likely to post 35% surge in third-quarter profit as smartphone sales recover

Samsung likely to post 35% surge in third-quarter profit as smartphone sales recover


SEOUL (Reuters) – Samsung Electronics Co Ltd’s 005930.KS September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips from Huawei Technologies Co Ltd [HWT.UL], analysts said.

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul. Picture taken January 7, 2019. REUTERS/Kim Hong-Ji

Samsung, the world’s biggest memory chip supplier, is scheduled to announce preliminary July-September operating profit and revenue on Thursday.

Profit likely rose 35% to 10.5 trillion won (£7.04 billion) from the same period a year earlier, according to Refinitiv SmartEstimate, derived from analyst estimates weighted toward those more consistently accurate. Revenue likely rose 3%.

While Samsung’s overall chip business was muted, analysts said orders from Chinese smartphone maker Huawei likely propped up sales. Huawei is likely to have built stockpiles before U.S. sanctions from mid-September prevented it from buying chips made using U.S. technology without a license, analysts said.

Last year Samsung’s chip business accounted for roughly half of its profit.

U.S. rival Micron Technology Inc MU.O posted market-beating profit last month, likely helped by Huawei’s rush to secure inventory, analysts said.

“Huawei’s emergency orders from late August drove up Samsung’s DRAM and NAND chip shipments, offsetting the effect of weak prices and limiting the drop in semiconductor profits for the quarter,” said analyst Song Myung-sup at HI Investment & Securities.

Prices of DRAM chips, which allow devices to multi-task, and of NAND chips, which store data, fell in July-September, showed DRAMeXchange data.

Samsung’s smartphone profit, which accounted for one-third of earnings last year, likely jumped as handset demand rebounded after the COVID-19 pandemic curbed sales in the first half of 2020. Third-quarter smartphone shipments likely rose 48% to 80 million from the second quarter, according to analysts and data from Counterpoint Research.

Profit at Samsung’s display business likely fell, hurt by a later-than-expected launch of customer Apple Inc’s AAPL.O new iPhone. However, earnings from television sets and home appliances likely rose as Samsung sold more gadgets online and cut operating costs, analysts said.

Samsung is scheduled to release detailed earnings figures later this month.

Reporting by Joyce Lee; Editing by Sayantani Ghosh and Christopher Cushing



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