What you possibly can and might’t do after receiving the Covid vaccine, says Dr. Kavita Patel

Even after being fully vaccinated against Covid, some public health precautions will still be needed before further data can be collected on the vaccines, said Dr. Kavita Patel told CNBC on Friday.

It is clear that Pfizer and Moderna’s two-shot vaccines are highly effective in preventing serious illness and death from Covid-19, Patel said in a “Squawk Box” interview. Currently, it is less known how well the vaccines reduce coronavirus transmission.

In other words, someone who has been vaccinated has greatly reduced their risk of actually getting the coronavirus, but Patel claims that precautions will still be needed in the coming months when a small group gathers and one person in this one Group was not vaccinated.

“When you are in a household with young children [who don’t yet qualify for the vaccine] or even children at increased risk … or even yourself, if you are at increased risk despite being vaccinated, you should take precautions indoors while wearing masks. If possible, stay outdoors with people, ”said Patel, a Washington, DC family doctor and non-resident of the Brookings Institution.

“The only reason I’m saying this is that we need more data to understand the risk of transmission,” she added.

The Centers for Disease Control and Prevention this week updated their quarantine guidelines for people who have been fully vaccinated. Both Pfizer’s and Moderna’s vaccines require two doses for complete protection. The CDC now says people exposed to the coronavirus won’t need quarantine within three months of being fully vaccinated if they don’t develop symptoms.

Like Patel, the CDC recognizes that the risk of one vaccinated person passing the virus on to another is “uncertain”. The reason for the modified quarantine policy, according to the CDC, lies in the vaccines, which are highly effective in preventing the development of symptomatic Covid.

This is important because, according to the CDC, it is believed that people with Covid symptoms transmit the virus more than asymptomatic people. Because of this, the agency said a fully vaccinated person who shows no symptoms does not need to be quarantined.

The CDC defines full vaccination as two weeks after receiving the second vaccine with two doses, or two weeks after receiving a vaccine with a single vaccine. Johnson & Johnson has filed for emergency approval for its single-dose vaccine and an advisory panel will look into it at a meeting later this month.

Patel said she believes the CDC quarantine guide could be updated again if more Americans are vaccinated. But at this stage of the pandemic, she said, the US is in “an interim period.” Although she said roughly one in three Americans has either been vaccinated or developed natural antibodies to coronavirus because of a previous infection, “the other two people still have plenty of opportunities to encourage the virus to spread, especially given these more communicable variants. ” . “

To illustrate this, Patel offered insights into her personal approach to aspects of life after she was vaccinated. The former Obama administration official said she continues to wear a mask in public even though she is confident she will not get sick and die from Covid.

“I’m still doing all the things we’ve talked about – which we’re pretty tired of – until we have more data that I can’t give [the virus] someone who was not vaccinated, said Patel, who served as director of politics with the Obama White House Bureau of Interstate Affairs and Public Engagement, where she worked on health initiatives.

However, Patel said there are reasons to be optimistic and mentioned how she is thinking about the possibility of seeing her parents soon. “Because I’ve been vaccinated and after they went in a few weeks after that second dose, I’ll be more comfortable talking about risks because it’s not 100% that they don’t catch the virus, but I feel comfortable when I have a little meeting with them when we are all vaccinated together, “she said.

While vaccine availability is currently limited, Patel noted recent comments from Dr. Anthony Fauci on NBC’s “Today” show. The nation’s leading expert on infectious diseases expects it to be “open season” for Covid vaccinations by April. If Fauci’s forecast comes true, Patel believes that by the summer more Americans will be able to gather together safely.

“As the months go by, more people in your household, and possibly in another household, like your parents or grandparents, will be vaccinated, which could make smaller gatherings safer,” said Patel. “We can look forward to that because we’ve been holding back for over a year, some of us, to see older parents and relatives at high risk.”

Home advances checks, unemployment surge

House spokeswoman Nancy Pelosi (D-CA) attends a press conference on the third day of the impeachment proceedings against former US President Donald Trump on February 11, 2021 in Washington (USA).

Erin Scott | Reuters

Several House committees have approved portions of the Democrats’ $ 1.9 trillion coronavirus relief plan as the chamber passes the full package by the end of the month.

The Ways and Means Committee pushed a critical part of the legislation on Thursday evening. It would send $ 1,400 direct payments to most Americans, extend major unemployment programs through late August, and give families up to $ 3,600 a year per child.

Other House Boards, including the Education and Labor, Financial Services, Transportation, and Small Business Committees, have accepted their proposals. As part of the tedious budget reconciliation that the Democrats use to pass legislation without Republican votes, the House Budgets Committee will bundle the individual bills together.

House spokeswoman Nancy Pelosi told reporters on Thursday that she believed the House of Representatives would approve the bailout proposal before the end of the month. The California Democrat expects the bill to go through the Senate and across President Joe Biden’s desk before the lifeline for unemployed Americans expires on March 14.

Democrats have said they must act as soon as possible to put more money into efforts to contain the virus, accelerate vaccinations, and encourage Americans struggling to pay for food and housing. With unified but tight control over Congress and the White House, they seem ready to pass a bill on their own instead of taking weeks or months to negotiate a smaller package with the GOP.

Republicans have raised concerns about passing another massive spending bill after lawmakers approved a $ 900 billion bailout plan in December. A group of GOP senators met with Biden earlier this month and made a counter-offer of around $ 600 billion. The Democrats, however, rejected the plan as too small to handle the crisis.

Congress waited months for the December aid package to pass after key unemployment benefits and small business programs expired last summer. Inaction contributed to millions of Americans falling into poverty, finding it difficult to afford food, and receiving no rental payments.

The latest government data shows that more than 20 million people are receiving unemployment benefits.

Democrats still have hurdles to overcome to get the bill through Congress themselves. Not only do you need to ensure that the bill complies with Senate budget rules, but you cannot lose a single democratic vote in the chamber, which is evenly divided between parties.

The Ways and Means Committee portion of the House plan presented on Thursday contains a large part of the overall bailout proposal. It would target a sum of $ 1,400 to individuals earning up to $ 75,000 and couples earning up to $ 150,000.

To allay concerns about an effective targeting of money that was jeopardizing the Senate’s passage of the plan, payments would be phased out so that no person or couple earning more than $ 100,000 and $ 200,000 respectively would receive a check . Senate Majority Leader Chuck Schumer, DN.Y., said Thursday that the structure is “right in the ballpark” of what his caucus would support.

The bill, approved by Ways and Means, would increase the current unemployment benefit from $ 300 per week to $ 400 and extend it through August 29. Also, the programs would expand eligibility and the number of weeks that people can take out unemployment insurance on the same date.

The plan would also increase support for households with children. Americans would receive up to $ 3,600 per child for children under 6 and $ 3,000 per child for children under 18.

The relief would expire on an income of $ 75,000 for individuals and $ 150,000 for couples.

Under key provisions in other pieces of legislation, $ 20 billion would go into a national immunization program, $ 170 billion in spending on schools including reopening costs, and $ 350 billion in relief for state, local, and tribal governments. Biden plans to meet with a non-partisan group of governors and mayors on Friday to discuss the bailout package.

The Democrats have also raised a minimum wage of $ 15 an hour, and Pelosi expects the House to pass the provision in final legislation. However, it is unclear whether the proposal complies with Senate budget rules.

Two Democratic senators – Joe Manchin from West Virginia and Kyrsten Sinema from Arizona – have also expressed doubts about the adoption of a minimum wage of $ 15 an hour.

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Hiring a lawyer may help you keep away from going to court docket

Charles “Chase” Merritt, convicted of the murder of the McStay family, appears during his hearing in the San Bernardino Supreme Court in San Bernardino on Tuesday, January 21, 2020.

Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images

In this era of gig work and sideline hunts, many aspiring entrepreneurs may ignore one basic rule of business: write it down in writing.

“There are many businesses that are only done with a handshake and good faith, and unfortunately this often leads to rather chaotic situations,” Andrea Tarshus, small business attorney, told CNBC’s “American Greed”.

In one of the most extreme examples of a bad business partnership, Charles “Chase” Merritt murdered business partner Joseph McStay along with McStay’s wife and two children in an apparent dispute over nearly $ 43,000 that Merritt owed McStay.

“Someone brought into your business can turn you on about greed,” said Britt Imes, assistant prosecutor for San Bernardino County, California.

A California jury convicted Merritt in 2019 of four first-degree murder. He is on death row in San Quentin State Prison.

It was more than four years before the McStay family disappeared in 2010 for investigators to tie the murders to Merritt, who installed McStay-designed and built water features.

Authorities eventually discovered that after the family disappeared, Merritt withdrew thousands of dollars from the business account. Prosecutors argued that McStay tried to lock Merritt out of the deal.

Get your house in order

While this is an extreme case of a bad partnership, business disputes can wreak enormous harm.

“The partners disagree, or suddenly they have a lawsuit that surprised them and they’re trying to figure out how to remedy the situation,” said Tarshus, whose law firm is based in Buffalo, New York.

The National Federation of Independent Business, the nation’s leading small business advocacy group, urges entrepreneurs to hire a lawyer early – ideally within 90 days of starting the business.

“Before you unlock your door, make sure your legal home is in order,” the organization said in a recent blog post.

A lawyer can help you decide on the right company structure, review all contracts to be signed, help you manage risk and advise you on labor law issues.

If you’re working with a partner, a written agreement can help prevent disputes. For example, Tarshus typically recommends that partnership agreements include caps on the amounts that partners can withdraw from company accounts.

“When one of the partners goes out and makes a big deal or purchase, or agrees to spend a certain amount of money on a project, buy equipment, or sell real estate, or buy real estate, the other partner sits and goes, why would you do that without letting me do it first? “said Tarshus. “Well, if you put a cap in your corporate governance document, it would prevent this type of problem from occurring in the first place.”

Do detective work

Tarshus also suggests giving prospective partners a thorough background check and allowing your partner to check you out, even if you think you know each other well.

“Sometimes the way people behave in the workplace is not the way they behave in person or with friends,” Tarshus said.

The process should include reviewing the previous employer and thoroughly reviewing references to understand how the partners behave in day-to-day business situations.

“Even if the two of you share the same vision for a company and a person has a different ethic and policy to which they stick, a conflict can arise,” she said.

In many cases it may be appropriate to ask your partner to split three years worth of personal tax returns.

The review process should also include a criminal background review. Tarshus said that hiring a professional company to perform this exam can ensure it is thorough. It can also help protect you from liability, not to mention awkwardness.

At least start with a simple Google search. But don’t just enter the person’s name.

“You can also put the word ‘lawsuit’ after your name. ‘Bankruptcy’. You can get ‘criminal record’, ‘mug shot’. These are all key words that get a lot of information.”

It’s unclear how much McStay checked at Merritt, or how that could have affected McStay’s decision to do business with him. However, a background check would have revealed Merritt had a criminal record, including two convictions for burglary.

Trust your instincts

If your partner opposes this type of review, that alone may be a red flag.

“You really have to trust your instincts,” said Tarshus. “And if a person is unwilling to share with you, or be vulnerable, or let you peek into their personal life, then I would be really careful about doing business with them because I was concerned they would would do. ” keep some things secret. “

Above all, resist the instinct to postpone an unpleasant or unpleasant process. Tarshus said all too often business partners think their business is too small or informal to warrant such a comprehensive process.

“You may not be anyone today, but you are trying to be. The point of your business is to be successful,” she said. “For this reason, it is very important that you lay a solid foundation for your business today.”

Follow the lead as investigators trace the mysterious disappearance of a young California family back to Chase Merritt, who claimed business partner Joseph McStay was his “best friend.” Catch a brand new episode of “American Greed” on Monday, February 15th at 10pm ET / PT only on CNBC.

Nancy Pelosi says the aid invoice can be handed by March

House Speaker Nancy Pelosi, Democrat of California, speaks during her weekly press conference on Capitol Hill in Washington, DC on February 11, 2021.

Olivier Douliery | AFP | Getty Images

House spokeswoman Nancy Pelosi believes Democrats will pass their next coronavirus bailout package before programs for unemployed Americans expire next month, she said Thursday.

Parliament hopes to approve his $ 1.9 trillion relief plan “by the end of February so we can send it to the president’s desk before the unemployment benefits run out,” the California Democrat told reporters on March 14.

The pandemic-era guidelines, due to be phased out, provide a $ 300 per week unemployment bonus, expand benefit entitlement to self-employed and gig workers, and extend the number of weeks Americans can receive benefits.

Nine House committees began writing and advancing their parts of the auxiliary bill this week, which the Democrats are expected to pass through budget balancing without a Republican vote. Pelosi said she expected the bodies drafting the legislation to finish their work this week.

The Budgets Committee will then combine the policies. As soon as the completed bill passes through the regulatory committee, the whole House can vote on it.

The Senate, which is holding the second impeachment trial against former President Donald Trump, is also trying to push ahead with temporary relief from the pandemic. Earlier on Thursday, Schumer told reporters that the process was not “delaying” the approval of the aid package.

Legislation faces greater challenges in the Senate than in the House of Representatives. In an evenly divided chamber, a single democratic defect would stop the law from being approved.

Democrats must also adhere to strict Senate rules that govern what lawmakers can include in reconciliation legislation. In particular, the Democratic priority of a minimum wage of $ 15, which the House Education and Labor Committee approved under the bill this week, may not survive the process.

Schumer told reporters that he and the chairman of the Senate Budgets Committee, Bernie Sanders, I-Vt., Are “doing everything to see it survive”.

Republicans have said they will not support another massive spending package after Congress passed a $ 900 billion aid bill in December. A group of GOP senators who met with Biden about pandemic aid made a counteroffer of around $ 600 billion, but Democrats deemed it too small to address the crisis.

Jared Bernstein, a member of the White House Economic Advisory Council, told CNBC Thursday that opinion polls show “very deep” bipartisan support for the plan. He cited the “urgency” of the crisis in explaining the Democrats’ decision to go ahead alone.

Schumer also appeared to support the $ 1,400 direct payment eligibility threshold set by the House Ways and Means Committee. It would send the full sum to people earning up to $ 75,000 and couples earning up to $ 150,000, then completely phased out with incomes of $ 100,000 and $ 200,000, respectively to let.

He said the House bill was “just right” for what Senate Democrats support. Senator Joe Manchin, DW.Va., had raised concerns that money could go to high-income Americans. Among other things, Sanders spoke out against lowering the income caps so that people could receive the full $ 1,400.

The urge to get another bailout package comes as the US tries to step up its Covid-19 vaccination efforts and aid unemployed Americans until the economy returns to some degree of normalcy. The latest data shows that more than 20 million people are receiving unemployment benefits in all programs currently running.

If Congress does not renew policy before March 14, it is estimated that nearly 11 million people could lose benefits.

The House proposal would increase the current premium from $ 300 per week to $ 400. This measure, along with other eligibility measures, would remain in place through August 29.

President Joe Biden had previously proposed that the policy be extended until September 30th.

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Rev. Al Sharpton information for divorce from his longtime estranged spouse

Al Sharpton has filed for divorce from longtime estranged wife, Kathy Jordan, after being separated for the past 14 years.

Rev. Al Sharpton has been separated from his estranged wife for 17 years, but it looks like he’s finally ready to leave things behind and finally get a divorce.

According to TMZ, Al Sharpton and his wife, Kathy Jordan, split back in 2004, and he officially filed for divorce papers in New York City on Thursday.

The couple met James Brown on a tour in the 1970s and married in 1980. They dated for 24 years before they split in 2004. It is currently unclear whether either spouse will seek support. The former couple share two grown daughters, Dominique and Ashley.

In 2015, Dominique Sharpton sued the city of New York for $ 5 million after crossing the street on the corner of Broome and Broadway. At the time, she claimed that she was “seriously injured, injured and wounded” after the fall.

Al Sharpton is currently dating Aisha McShaw, who he has reportedly been dating since 2013.

At the moment, Rev. Al Sharpton or Kathy Jordan have publicly commented on his submission.

Would you like updates directly in your text inbox? Hit us at 917-722-8057 or Click here to take part!

TSR STAFF: Jade Ashley @ Jade_Ashley94

Jim Cramer recommends relationship app rivals Bumble and Match Group

After dating service Bumble made its market debut on Thursday, CNBC’s Jim Cramer compared its business performance to its main competitor, Match Group, and made recommendations on their stocks.

Bumble, which went public with a lot of fanfare on its first day to collect more than 63%, has incorporated the Europe-based Badoo dating site into its governing body. The Match Group, which was spun off from the media holding IAC last summer, has a larger portfolio that includes Tinder, Hinge and OkCupid, among others.

However, their businesses should serve different purposes for investors, Cramer said.

“They are both great companies. I think they will have huge numbers in the second half. They just fill different roles in your portfolio,” he told Mad Money.

Bumble, which was launched by Whitney Wolfe Herd in 2014, was priced at $ 43 before trading under the ticker symbol “BMBL”. At close of trading, the company had a market value of $ 13 billion with a share price of $ 70.31. Match Group had a market capitalization of $ 45.8 billion at close of trading.

Bumble is the faster breeder of the two competitors based on the numbers in its S-1 filing. In 2019, the company reported total revenue of $ 488.9 million, up nearly 36% from $ 360.1 million in 2018. For the pandemic-ridden 2020, Bumble reported in the first nine months to Total revenue of $ 416.6 million as of September 30th, of which $ 40 million was generated between January 1st and January 28th.

Compared to the same nine months in 2019 when total sales were $ 362.6 million, Bumble grew its business 15% amid the pandemic.

At Match Group, the company had total revenue of $ 2.4 billion for full year 2020, up 17% from 2019. Sales increased 19% in 2019 compared to 2018, according to Cramer.

“If you’re a growth investor, Bumble is the way to go,” said Cramer. “Even after today’s incredible run, it’s the superior growth stock.”

Bumble has a much shorter range than Match. In its prospectus, Bumble said it had an average of 42 million monthly users for the third quarter and 2.4 million paying users as of September last year.

Match said it had nearly 11 million average subscribers in the fourth quarter of 2020, up 12% year over year.

Bumble and Match executives hope to continue expanding their online dating business using the earlier building products for platonic matchmaking and networking services.

A key difference between the companies is that Match is profitable while Bumble is still a money-losing company with margins improving, Cramer pointed out.

“If you have a more cautious approach to the market and still want an online dating stock, Match is the way to go,” said Cramer.

Match stocks, which closed on Thursday at a record $ 172.13, are trading at 16 times this year’s sales estimates. That valuation was way too cheap for a 17% growth company, according to Cramer.

Based on FactSet estimates, Match is forecasting revenue of $ 2.8 billion this year and $ 3.31 billion in 2022.

“People pay [for Match] because they expect the numbers to explode as soon as we reopen, “Cramer said.

Bumble sells for 17x sales, he added. According to FactSet figures, the company will post full year 2020 revenues of $ 580 million, $ 723 million this year, and $ 897 million in 2022.

“In other words, they look very similar in terms of price to sales, even though Bumble is growing twice as fast as Match,” he said.

3M helps authorities deter fraudsters from promoting counterfeit N95 masks

Industrial giant 3M has been working with law enforcement agencies around the clock to stop the sale of millions of counterfeit versions of its N95 mask.

“We have taken very strong steps to address counterfeiting or pricing issues. We have done so over the last year in this limited supply and very high demand for critical products like the N95,” said Mike Vale, 3M Security Officer heads and Industry Business Group, said CNBC.

N95 were the gold standard during the coronavirus pandemic for their ability to filter out at least 95% of airborne particles. The masks, which are seen as critical for protecting frontline workers from Covid-19, were in short supply. 3M is the largest N95 manufacturer.

Federal agencies announced Wednesday that fraudsters had distributed millions of counterfeit N95s to healthcare workers in at least five states. To date, 3M has reported 11,000 cases of counterfeit masks, leading to 29 civil lawsuits. In total, the company said it had confiscated 10 million counterfeit N95s. In mid-January, 3M helped its home state of Minnesota avoid purchasing nearly 500,000 counterfeit N95s from a Florida company. 3M sued and won an injunction.

The news of the federal investigation into the counterfeit N95 comes after several hospitals in Washington state found their shipment of the masks contained counterfeit masks.

“It’s a breathtaking feeling … just to think that there are people … making the counterfeit personal protective equipment we need so badly right now during this pandemic,” Cassie Sauer, president of the Washington State Hospital Association, told NBC News earlier this week.

3M helped officials in Washington confirm that the counterfeit masks were purchased from an unauthorized dealer unrelated to the company. 3M advises that hospitals and medical clinics must verify that they are purchasing respiratory protective equipment from a verified, authorized dealer. One way to do this is to check the company’s website or call the anti-fraud hotline.

Despite concerted efforts to eliminate and hold fraudsters accountable, false masks continue to emerge in the US and worldwide. “Counterfeit N95s pose a serious health risk and I think 3M has been reasonably aggressive to get them off the streets. However, it’s a get rid of each other game,” said Scott Davis, CEO of Melius Research, who followed the development of 3M for several years.

In terms of manufacturing, 3M manufactures more than 95 million respirators monthly at its US facilities in South Dakota and Nebraska. By scaling production and hiring hundreds of additional employees, including 300 at its South Dakota facility, the company quadrupled production last year.

However, a number of doctors who spoke to CNBC said they are still rationing masks.

“Obtaining enough N95 to keep health workers safe and secure, especially for the smaller hospitals and health facilities, is an unresolved challenge. When we have to negotiate counterfeit products, it is even more difficult and impossible to get adequate protection for our front line to ensure.” said Dr. Natasha Anushri Anandaraja, who founded Covid Courage, a New York nonprofit that helps healthcare workers gain access to PPE, including N95 and reusable masks.

Because of the limited supply, Anandaraja says more and more healthcare professionals are choosing reusable options. “By providing each health worker with a unique reusable mask, the constant battle to find legitimate disposable masks is eliminated, and the need for health workers to reuse masks that were intended for single use, and in hundreds of health systems rescued.” of thousands of dollars a year. “

PayPal’s CFO says the corporate is unlikely to speculate money in cryptocurrencies

PayPal is unlikely to buy digital currencies like Bitcoin, although the company sees immense opportunities in the digital wallet space.

Speaking on CNBC’s Mad Money Thursday, John Rainey, PayPal’s chief financial officer, said the payment giant was not interested in buying cryptocurrency, but rather investing in services that complement the platforms it offers.

“We are unlikely to be investing corporate money in such financial assets,” he replied to a query from the show host Jim Cramer, “but we want to seize this growth opportunity ahead.” from us. “

The company has recognized that the transition to digital currency forms is inevitable. In December, PayPal CEO Dan Schulman described digital wallets as a “natural complement to digital currencies” and said the company served 360 million digital wallets.

PayPal is exposed to the crypto market. In October, the company announced that users could buy, hold, and sell cryptocurrencies like Bitcoin, Ethereum, Bitcoin cash, and Litecoin. Users can also shop with the digital coins in the PayPal distribution network.

Venmo, PayPal’s mobile wallet, is expected to offer the same services in the first half of this year. The functions will also be extended to international markets.

PayPal plans to invest its money in companies that provide “ancillary assets to our platform” that can drive growth, Rainey said. The company also announced on Thursday that it would launch its buy, sell and hold crypto services in the UK in the near future.

“The types of services we offer, like ‘buy now’, pay off later [and] Crypto as an example – even offline QR code – these are the things we want to keep investing in, be it organic or even inorganic, when we see opportunities in the ecosystem, “he explained.

Buy Now, Pay Later is a point-of-sale loan program that works similar to out-of-office plans and allows customers to pay for products through an installment plan with no interest or fees.

The crypto comments are coming as activity in the crypto markets has increased this year. Tesla caused a sensation earlier this week when the company announced it had purchased $ 1.5 billion worth of Bitcoin and would also accept the currency as a means of payment from customers. This followed a surge in interest in Dogecoin, the digital coin that Tesla CEO Elon Musk had blessed on his Twitter page.

Tesla’s move to invest in Bitcoin sparked wonders in the investment community if other companies followed in the automaker’s footsteps. Earlier Thursday, Uber CEO Dara Khosrowshahi said the issue was discussed, but the company ultimately refused to invest in the digital currency.

Schulman, who appeared alongside Rainey in the “Mad Money” interview, said PayPal cut free cash levels 48% in 2020 to $ 5 billion. He predicts the company will generate $ 10 billion in annual free cash flow by 2025.

PayPal will be a consolidator in the financial technology industry, he said.

“We want to use this money. We want to use our balance sheet as a strategic weapon,” said Schulman. “It can result in cash being returned to shareholders through acquisitions, but we care about each of those dollars and we take our capital allocation very seriously.”

Last month, PayPal made its first acquisition since it announced in late 2019 that it would buy the coupon aggregator Honey Science for $ 4 billion. PayPal took 100% control of the China-based GoPay payment platform. The contract was signed on January 11th.

Taylor Swift’s re-recorded model of “Love Story” is right here

The wait is over: February 12th Taylor Swift officially released their new version of Love Story, just one track from their upcoming album Fearless (Taylor’s version).

Taylor’s newly recorded version of “Love Story” stays true to the original and is now available to streamed on Spotify and Apple Music. Additionally, a lyric video, seen below, has been shared on YouTube and includes throwback footage and images of the star posing with fans. She first debuted a clip of the track in December during a commercial for the dating service Match made by her longtime friend Ryan Reynolds.

To celebrate the song’s release, she posted a photo of herself on social media playing the piano with her hair flying. “My new version of Love Story (Taylor’s version) is out now,” she said, adding two emojis with yellow hearts. “Get it now when you pre-order Fearless (Taylor’s version).”

The Grammy winner teased the Fearless hit on February 11 with a long love letter to fans posted on social media.

“When I think back to the Fearless album and everything you’ve made of it, I can’t help but smile,” said Taylor. “This was the musical era where so many inside jokes were made between us, so many hugs were exchanged and hands touched, so many unbreakable bonds were formed.”

Not only did she announce that “Love Story” would debut on February 12th at midnight, but she also confirmed that the new version of Fearless would include six songs never before released.

Coronavirus damage theme parks and value Disney $ 2.6 billion

An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the Disneyland and Disney California Adventure theme parks closure in Anaheim, California on March 14, 2020.

DAVID MCNEW | AFP | Getty Images

Disney suffered another financial blow in the first quarter of fiscal as restrictions on participation in its open theme parks and continued closure of its California parks weighed heavily on bottom-line earnings.

There is currently no schedule for Disneyland to reopen as the state of California has announced that it will not allow theme parks to reopen until coronavirus cases in the surrounding community have declined significantly. Although the 7-day average of daily new Covid cases is down from the previous week in California, more than 1,000 new cases are diagnosed in the state every day, according to a CNBC analysis of data from Johns Hopkins University.

“Where we have managed to reopen our theme parks with limited capacity, guests have always shown their willingness and desire to visit them. We believe that this is evidence that they are in the health and safety areas we set Security protocols feel safe in place, “said CEO Bob Chapek during an earnings call on Thursday.

The company said the outbreak cost that division an operating loss of approximately $ 2.6 billion in the December quarter.

Disney Parks, Experiences, and Products revenue decreased 53% to $ 3.58 billion.

Disney has reported similar losses in each of its last three wins. In the fourth quarter, the company announced that the coronavirus outbreak has cost around $ 2.4 billion in operating losses recently. In the second quarter, the company had reported it had lost $ 1 billion in operating income due to the pandemic, and in the third quarter the pandemic reduced its operating income by $ 3.5 billion.

Florida Walt Disney World and Shanghai Disney Resort were open for the entire first quarter, while Disneyland and all of Disney’s cruise business were shut down.

Disneyland Paris was open until late October, about a third of the quarter, and Hong Kong Disneyland was open until early December, or about two thirds of the quarter. The company expects its Hong Kong facility to reopen in the second quarter.

“In terms of the parks’ prospects for the rest of the year and capacity, this will really depend on the public’s vaccination rate,” Chapek said. “That seems to us to be the biggest lever we can maneuver to either enlarge the parks with currently limited capacity or to open up the parks that are currently closed.”

CFO Christine McCarthy said the company could make a profit from guests for the parks open. The income of the park visitors outweighed the costs of the opening. She also noted that the company is happy with the number of reservations and bookings it sees.

As the parks expand and reopen their capacity, Chapek will wear some level of social distancing and masks for the rest of the year.

“Dr. Fauci said earlier today that he hopes there will be vaccines for anyone who wants them by April this year,” Chapek said. “If that happens, it’s a game changer and that could accelerate our expectations and give people confidence that they need to return to the parks.”

“Will there be some overlap by the time we know we get herd immunity?” he said. “Sure we will, but do we also think we’ll be in the same state of 6 feet of social distancing and mask-wearing in 2022? Absolutely not.”