Tag Archives: United States

Novavax says its Covid vaccine is 90% effective, plans to submit data to FDA in third quarter

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters Biotech firm Novavax said Monday its Covid-19 vaccine was shown to be safe and 90.4% effective overall in a phase three […]

US can count on Turkey on Afghanistan troop pullout: Erdogan

Turkish President Recep Tayyip Erdogan and US president Joe Biden Turkey has reportedly said it is prepared to keep troops in Afghanistan to protect Kabul airport.  Erdogan says Turkish officials had informed their American counterparts about Ankara’s plans in Afghanistan after the US troop pullout. Turkey has made clear its intentions to stay in the […]

Eager to travel, Americans book Sun Belt beach, city stays as pandemic fades

Miami Beach, Florida Artur Debat | Moment | Getty Images Interest in travel is picking up as the pandemic winds down, and cooped-up Americans are itching to hit the road again, two recent surveys have found. Travelers are thinking about booking trips to warm and sunny domestic climes — be they Sun Belt cities or […]

Southern states have a ‘real vulnerability’ to Delta Covid variant this summer, warns Dr. Peter Hotez

Dr. Peter Hotez warned that Southern U.S. states could feel the impact of the highly transmissible Delta Covid variant as early as this summer, due in part to low vaccination rates.  “I’m really holding my breath about the South and what happens over the summer,” said Hotez, co-director of the Center for Vaccine Development at […]

Fugees rapper Pras, Jho Low charged in scheme to get Trump administration to drop 1MDB probe

In this April 23, 2015 file photo, Jho Low, Director of the Jynwel Foundation, poses at the launch of the Global Daily website in Washington, D.C. Stuart Ramson | Invision for the United Nations Foundation A federal grand jury has hit the fugitive Malaysia financier Jho Low and Fugees rapper Prakazrel “Pras” Michel with new […]

Chewy CEO says dog, cat adoption rates have remained high as the economy reopens

As homebound Americans waited out the coronavirus pandemic last year, people increasingly turned to animal shelters and adopted dogs and cats as lockdown companions. Though lockdowns have eased and the country has reopened, adoption rates have largely kept shape, according to Sumit Singh, CEO of Chewy. “Overall adoptions, we believe, [are] up still year over […]

Wind turbine giant Siemens Gamesa lays out plan to drive down cost of ‘green’ hydrogen

Wind turbines in Brandenburg, Germany. Patrick Pleul | picture alliance | Getty Images So-called “green” hydrogen production using onshore wind turbines could achieve price parity with fossil-based hydrogen by the year 2030, according to a white paper from Siemens Gamesa Renewable Energy. In a statement on Wednesday the firm — a major player in wind […]

The U.S. will be a ‘formidable competitor’ to China in Covid vaccine diplomacy, professor says

Workers unload boxes containing the Sinopharm Covid-19 vaccine, donated by China, at the Damascus International Airport on April 24, 2021, in the Syrian capital. Loua Beshara | AFP | Getty Images U.S.-China competition may be heating up on another front: Covid-19 vaccine diplomacy. China has been a major Covid vaccine supplier to much of the […]

Biden and Johnson to agree on new ‘Atlantic Charter’ covering tech, trade and travel

U.S. President Joe Biden waves as he and First Lady Jill Biden walk on the ellipse to board Marine One on June 09, 2021 in Washington, DC. President Joe Biden and the First Lady are traveling to the United Kingdom for the G7 Summit and will later travel to Belgium and Switzerland, as part of […]

RH beats on earnings, hikes outlook as retail surge boosts high-end home goods

Jason Kempin | Getty Images Entertainment | Getty Images Shares of the high-end furniture retailer RH surged in extended trading Wednesday after the company beat analysts’ profit and sales estimates for the fiscal first quarter. RH also hiked its full-year outlook, building on the momentum it’s seeing in the luxury home category, and gave a […]

Wealthy investors are worried about inflation, CNBC millionaire survey shows

Shoppers maintain safe distance in a checkout line in Torrance, Calif. Al Seib | Los Angeles Times | Getty Images The coronavirus pandemic is subsiding, but the new normal might not look the same as 2019. One reason why: The prices of some goods and services have crept up due to inflation and could continue […]

Ford’s new Maverick hybrid pickup will get 40 mpg in the city and starts at $19,995

DETROIT – Ford Motor’s new Maverick truck will be the first pickup in America with a standard gas-electric hybrid engine when it goes on sale this fall starting at about $20,000. The company unveiled the compact pickup Tuesday as the smallest vehicle in its highly profitable truck lineup, slotting below the full-size Ford F-150 and […]

Eritrea blames the US for ‘destablisation’ in Tigray

Eritrea’s foreign minister accuses Biden administration of ‘stoking further conflict and destabilisation’ in Ethiopia’s north. Eritrea’s foreign minister has blamed US administrations that supported the Tigray People’s Liberation Movement (TPLF) for the last 20 years for the current conflict in northern Ethiopia’s Tigray region, adding that blaming Eritrea for the fighting was unfounded. In a […]

With zombie companies likely to fail, insurance firms up premiums

These firms lack the cash flow to cover interest payments and are likely to collapse once gov’ts end pandemic fiscal measures. The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, […]

Stocks making the biggest moves midday: AMC, Carnival and Eli Lilly

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The meme stock jumped another 17% in heavy trading following an 83% rally last week. Enthusiastic retail investors […]