‘We don’t really know’ if COVID-19 booster shots are necessary

Amid the growing controversy over whether the U.S. is in need of booster or additional vaccine doses to protect against COVID-19, Moderna (MRNA) president Stephen Hoge admits much remains unknown. “We don’t really know” if a third shot will be the final or if more are needed, Hoge told Yahoo Finance. In addition, whether or not the third shot is needed is a question. “It’s the “key scientific question we’re all wrestling with now,” Hoge said. If an additional does does prove to provide some… Source link

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The iPhone 13 inflation indicator, and the issue we don’t talk about enough: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 16, 2021 Apple’s hardware isn’t getting any pricier, but ‘you can’t eat an iPad’ Amid much fanfare, the latest iPhone iteration arrived this week, with more than a few grumbles about Apple’s (AAPL) lack of product innovation. But at least one aspect gave consumers a reason to celebrate. CNBC’s Jon Fortt astutely observed… Source link

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Chevron CEO Warns of High Energy Prices and Supply Crunches

(Bloomberg) — The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive. “There are things that are interfering with market signals right now that we haven’t seen before. Eventually things work out, but eventually can be a long time,” Chief Executive Officer Mike Wirth said Wednesday in an interview at Bloomberg News headquarters in New York. He expects strong prices… Source link

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Stock futures rise ahead of retail sales data

Stock futures traded slightly higher Wednesday evening to extend gains from a positive session earlier, with the three major indexes recovering from some heavy selling pressure earlier this month.  Contracts on the S&P 500 moved higher as the overnight session kicked off. Dow and Nasdaq futures also gained.  Traders are looking ahead to a set of key economic data on Thursday, which will show how solidly the consumer held up as the latest wave of the coronavirus spread across the U.S. The… Source link

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Google Cloud CEO Thomas Kurian reorganizes engineering, Eyal Manor out

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google Cloud CEO Thomas Kurian is shaking up the unit’s engineering organization in hopes of gaining market share more quickly. Kurian announced a number of changes among its technical… Source link

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Josh Hawley demands answers after Google blocks pro-life ads

Missouri Republican joins ‘Kudlow’ to explain why Big Tech companies are monopolies that need broken up. Sen. Josh Hawley, R-Mo., is asking Google for answers, suggesting in a Wednesday letter that the search engine giant showed ideological bias towards pro-life groups. His letter came a day after Live Action President Lila Rose announced that Google had removed her organization’s ads, including one promoting the abortion reversal pill. Hawley wrote: “When I spoke with Mark Zuckerberg… Source link

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Google’s rumored Pixel 6 Tensor processor sounds extremely weird

Google is set to debut its first in-house smartphone chipset, the Tensor SoC, in its upcoming Pixel 6 and Pixel 6 Pro phones. And if the latest report from XDA is correct, the Tensor’s rumored CPU setup could be very, very weird — even by Google standards. So far, Google has largely been hyping up the Tensor SoC’s AI performance; but it hasn’t revealed any information on the basic CPU and GPU specs of the chip. Google’s Rick Osterloh would only tell The Verge that “the standard… Source link

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Google workers demand back pay for temps company underpaid for years | Google

Google employees and subcontracted workers are demanding that the company pay back wages to temporary workers, following a Guardian report that revealed Google had knowingly and illegally underpaid thousands of temps for years. More than 140 workers have signed a petition addressed to Google executives calling on the company to “immediately pay back all Temps, Vendors and Contractors (TVCs) who have been knowingly underpaid by Google” and to “create an immediate path to permanent… Source link

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Retail traders aren’t buying the dip like usual: Analysts

The maxim “buy the dip” has been commonplace in retail investing – and retail investors demonstrated their commitment to this idea during the pandemic. But for the first time in a while, retail investors might be ignoring that guidance now. The S&P 500 index dropped over 30% in March 2020. Ordinary investors didn’t flinch; instead, they bought up index funds on the cheap. In many cases, this activity has worked as a counterweight to the market’s plunges. A note from Vanda Research, a… Source link

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