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California surpasses 50,000 deaths COVID-19 deaths, more than any other state

California's death toll from COVID-19 surpassed 50,000 on Wednesday, per Johns Hopkins data.

The big picture: It's the first state to record more than 50,000 deaths from the coronavirus.


Details: Johns Hopkins' records showing 50,890 have died of the virus in California come a day after Los Angeles County health department announced it had confirmed over 20,000 deaths from COVID-19.

  • The department noted in a statement that cases and deaths from the virus were decreasing.
  • LA County health director Barbara Ferrer added, "This virus is still easily transmitted among people in contact with each other and we must do all we can to continue the momentum of the decreases we are seeing cases, hospitalizations and deaths.

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GM boosts investment in electric, autonomous vehicles by $8 billion

General Motors plans to boost its cumulative investment in electric and autonomous vehicles to $35 billion from 2020-2025, a significant jump from a $27 billion target.

Driving the news: GM said this morning that the initiative will include building two new battery cell manufacturing plants in addition to the two already under construction in Tennessee and Ohio.

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Workers quit at historic clip

Data: BLS, FRED; Chart: Axios Visuals

Demand for labor seems to be getting stronger, and workers are taking advantage by quitting.

Why it matters: Businesses are scrambling to fill job openings as they try to catch up with booming demand.

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