Tag Archives: COVID

U.S. airlines expect a surge of international travelers when the United States reopens to fully vaccinated visitors Monday. The Biden administration announced the new guidelines in September and set Nov. 8 as the day the borders open. “Delta (DAL) has seen a 450% increase in international point-of-sale bookings versus the six weeks prior to the announcement,” the airline stated in a press release that predicts many international flights will be 100% full and stay that way for several… Source link

Major COVID stimulus payments in line for 2022 extension — don’t miss your free cash Congressional support is strong among Democrats to extend a popular stimulus payments program through next year despite a tug of war over Biden’s budget bill. House Speaker Nancy Pelosi will likely push ahead this week to finalize a draft of President Joe Biden’s $1.75 trillion spending plan. It’s anyone’s guess, at this time, what the final version will look like. But here’s what we know so far… Source link

An unclassified version of an intelligence community assessment on the origins of COVID-19 released Friday afternoon shows that various agencies still don’t agree on whether the pandemic began from a laboratory incident in Wuhan, China, or was caused by a natural crossover from animals to humans. In the spring, President Biden ordered the intelligence community to conduct a 90-day review looking at the pandemic’s origins in China, amid growing debate and questions on the issue. The virus… Source link

(Bloomberg) — The first pill to treat Covid-19 is on its way and vaccine producers are rolling out booster shots in wealthy countries. For investors, the next stage of the pandemic means a tougher landscape for stockpicking. Most Read from Bloomberg The success of Merck & Co.’s oral antiviral treatment in a clinical trial has shifted the momentum in the stock market, weighing on shares of the companies that developed the most effective vaccines, Moderna Inc. and the duo of Pfizer Inc. and… Source link

Abbott Laboratories (ABT) has an enviable problem: It can’t produce enough rapid at-home COVID-19 antigen tests to keep up with demand. The company had previously warned that there would be a shortage of tests, though they are not the result of the supply chain issues many companies are facing. In a statement, Abbott explained that the company had started to reduce production when demand waned earlier this year. But following the surge of the Delta variant in recent months, which resulted in a… Source link

2021 is looking uncomfortably like 2020. Poets&Quants has learned that Harvard Business School is going back to remote instruction for all first-year MBA students courses after a “steady rise in breakthrough infections” among students. The move is effective this week, September 27 to October 3. Some second-year courses also will be taught remotely this week, the school announced. “In recent days, we’ve seen a steady rise in breakthrough infections among our student population, despite… Source link

New COVID stimulus checks are on the way for some US workers After a long year and a half, many Americans are hopeful that the worst economic pain from the pandemic is behind them. But some of the hardest hit workers with jobs that are considered essential are still reeling. Many of them had to dip into their own funds to pay for protective equipment or child care. Now, to assist with those expenses, the government intends to offer financial relief through what are essentially targeted… Source link

If the Emmys were designed to transport viewers from the pandemic for a few carefree hours, Seth Rogen wasn’t playing along. The comedic writer and actor, making the night’s first awards presentation, questioned whether an event that touted its COVID-19 protocols was living up to its promises. Before presenting the award for best supporting actress in a comedy series to winner “Ted Lasso” star Hannah Waddingham, Rogen offered up some jokes, but they sounded more like a complaint. “They said… Source link

On Thursday afternoon, President Joe Biden announced that U.S. businesses with over 100 employees will soon need to ensure that their employees are either fully vaccinated or tested weekly. Within hours, the reaction in the political class was intense. The hashtag #wewillnotcomply was trending on Twitter, Biden was called an authoritarian and a fascist, and Republican governors and the RNC threatened legal action. Brooke Rollins, the CEO of Trump-aligned America First Policy Institute, was one… Source link

President Biden has clearly lost patience with vaccine resistors. “My message to unvaccinated Americans is this: What more is there to wait for?” Biden pleaded in a Sept. 9 television address. “Your refusal has cost all of us. So please do the right thing.” His tone was practically contemptuous, especially when referring to some red-state governors who are blocking masking efforts and other public-health measures. But Biden is worried, too, because the surge in the Delta coronavirus… Source link