Tag Archives: pandemic

The long-term effects of the disproportionate impact of the pandemic on minority communities has yet to play out, but one silver lining has emerged. Amid the coronavirus pandemic, Black medical student enrollment has increased by 21% in the past year, according to the Association of American Medical Colleges. Currently, African-Americans account for just 5% of the entire physician population nationally, though about 14% of the general U.S. population. Michellene Davis, CEO of National Medical… Source link

The Omicron wave appears to have crested in Florida, but you wouldn’t know it from the acrimonious battles Florida politicians have been fighting over the pandemic. Gov. Ron DeSantis this week lashed out at Washington, and Democratic lawmakers protested the confirmation of Florida Surgeon General Joseph Ladapo, who has expressed skepticism over vaccines and masks. Few states have received as much scrutiny throughout the pandemic as Florida, where DeSantis has rejected many of the safety… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Netflix plunges, weighs on Disney, media stocks * S&P 500, Nasdaq have biggest weekly drops since March 2020 * Focus turning to Fed meeting for clarity on policy * Indexes down: Dow 1.3%, S&P 1.89%, Nasdaq 2.72% (Updates with further market data) By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar Jan 21 (Reuters) – Wall Street’s main indexes ended sharply lower on Friday as… Source link

Novavax (NVAX) is waiting for its COVID-19 vaccine to be authorized in the U.S., but with authorizations now in three major markets globally, the biotech company says it’s making its mark on the pandemic.  “We’re going to make a significant impact on this Covid pandemic,” CEO Stanley Erck told Yahoo Finance Tuesday.  “The market for primary vaccination — two-dose vaccination which is now being talked about as three-dose vaccination — is unsatisfied,” Erck said. “It’s not exclusively low… Source link

It has been a long and winding road during the pandemic for gym chain giant Planet Fitness, and its efforts to get through to the other side of the health mess shows. “I am extremely happy to say we lost no gyms in the pandemic. The industry lost 22% of the gyms open, closed permanently. We lost none,” Planet Fitness CEO Chris Rondeau said on Yahoo Finance Live.  Planet Fitness currently operates 2,254 locations in the District of Columbia, Puerto Rico, Canada, Panama, Mexico and… Source link

Former United Airlines CEO Oscar Munoz is sticking with his long-time peers in the airline industry that safety is a top priority during the pandemic, even if that means you have to wear a mask on a plane or employees must be vaccinated.  Shared Munoz on Yahoo Finance Live, “This is an industry where no good deed goes unpunished. There are so many viewpoints that it is hard to sort of measure everything. At United — which is all I can speak of with my successor and all those folks — the… Source link

Low-income families, who received the greatest percent gains of all families in the US, have higher cash balances now than before the pandemic, according to a new report from JPMorgan Chase. However, the report found, it may not be enough. “With each round of stimulus, low-income families saw the greatest percent gains in cash balances, but depleted those gains faster than high-income families,” authors Fiona Greig, Erica Deadman, and Tanya Sonthalia, wrote in the report. The COVID-19… Source link

Ned McNally, a temp worker at Google’s data center in Council Bluffs, Iowa, received notice in August that he would get a $200 weekly bonus until the end of the year for working a full week. It was a nod to the labor shortages ravaging businesses during the pandemic. But by October, Mr. McNally and about 250 other data center temps stopped receiving the payments even though they had met the weekly attendance threshold. According to an email sent to employees of Modis, a unit of Adecco,… Source link

The overdose crisis in the U.S. is continuing to worsen as a result of the coronavirus pandemic.  Drug overdose deaths increased by 30.8% for the 12-month period ending March 2021, according to the latest provisional data from the CDC’s National Center for Health Statistics, with reported numbers reaching a record high of 96,779. The CDC noted that the number is likely an undercount given incomplete data. “By the end of 2020, we knew that the number of overdoses for 2020 were going to be… Source link

Amazon (AMZN) reported third-quarter sales and earnings results that missed Wall Street’s estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and earlier in 2021.  The company also flagged that it would see additional costs as a result of supply chain challenges in the fourth quarter. Shares dropped by more than 4% in late trading.  Here were the main metrics from Amazon’s report, compared to consensus estimates compiled by Bloomberg: