Business & Economy

Pfizer seeks emergency use of its COVID-19 vaccine

4 days ago   |   By Finance Commerce

Pfizer said Friday it is asking U.S. regulators to allow emergency use of its COVID-19 vaccine, starting the clock on a process that could bring limited first shots as early as next month and eventually an end to the pandemic - but not until after a long, hard winter.
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US stocks slide amid dispute over Fed funds and spiking COVID-19 cases

US stocks slide amid dispute over Fed funds and spiking COVID-19 cases

4 days ago   |   By Business Insider

Summary List Placement
US stocks fell on Friday as conflict over the use of Federal Reserve funds offset positive developments for vaccine distribution.
Treasury Secretary Steven Mnuchin urged the Fed on Thursday to return funds set aside for emergency lending , setting up several relief programs for year-end expiration.
The move marked a rare bout of disagreement, as the Fed replied with a call to extend "the full suite of emergency facilities" past their upcoming deadlines.
Pfizer and BioNTech both gained after applying for emergency-use authorization for their experimental coronavirus...
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Pfizer, BioNTech seek emergency use of COVID-19 shots in US

Pfizer, BioNTech seek emergency use of COVID-19 shots in US

4 days ago   |   By Stl Today

Pfizer formally asked U.S. regulators Friday to allow emergency use of its COVID-19 vaccine, starting the clock on a process that could bring limited first shots as early as next month and eventually an end to the pandemic - but...
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Pfizer Applies for Emergency F.D.A. Approval for Covid-19 Vaccine

4 days ago   |   By NY Times

A large team of regulators at the agency will take about three weeks to review an application spanning thousands of pages.
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4 Ways to Unplug From the Present and Plug into the Future

4 days ago   |   By Business 2 Community

What if I told you there is a way to predict and even pre-solve the problems and challenges your organization will face and plug into the future?
Most people believe such a concept is impossible; a crystal ball as such doesn't really exist. But in reality, you can solve tomorrow's problems today using anticipation and trends and leverage disruptive change for opportunity and advantage.
Disruptive technological change is coming at us every day, increasing at an exponential rate. With that change, problems and obstacles will be thrown at your organization equally as fast, disrupting your...
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Morgan Stanley predicts it will take 4 to 9 months to vaccinate the rest of the US after first responders and vulnerable people

Morgan Stanley predicts it will take 4 to 9 months to vaccinate the rest of the US after first responders and vulnerable people

4 days ago   |   By Business Insider

Summary List Placement
After vaccinating first responders and vulnerable populations like the elderly, it will take four to nine months to vaccinate the rest of the US, Morgan Stanley predicted in a report published Friday.
Vaccinating the general population will likely last from spring of 2021 to winter of 2021, Morgan Stanley analysts forecasted.
To estimate the amount of time it will take to vaccinate the general population, the analysts looked at major pharmacy CVS Health's vaccination capacity, which analysts wrote would take on a "meaningful role" in providing vaccines. CVS and...
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Billionaire investor Byron Wien says the stock market may be getting ahead...

Billionaire investor Byron Wien says the stock market may be getting ahead of itself as the Dow passes 30,000 - but tells long-term investors not to worry

Summary List Placement Billionaire investor Byron Wien told CNBC that the stock market may be getting ahead of itself as the Dow passed 30,000 for the first time ever on... Read more ...

Nikola surges 29% as GM backs EV regulations and investors speculate a deal...

Nikola surges 29% as GM backs EV regulations and investors speculate a deal between the two companies is near

Summary List Placement Electric-truck company Nikola gained as much as 29% on Tuesday after General Motors announced its no longer supporting the Trump administration's efforts... Read more ...

Here are 5 things employers should consider ahead of the new year

Here are 5 things employers should consider ahead of the new year

From the lasting effects of the COVID-19 pandemic on the way we work to the changes expected from a new presidential administration, the final weeks of this year are a good... Read more ...

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

Summary List Placement US home prices gained a record 3.1% in the third quarter as historically low mortgage rates boosted demand through the summer, the Federal Housing... Read more ...

As virus cases spike, Louisiana governor adds restrictions

As virus cases spike, Louisiana governor adds restrictions

BATON ROUGE, La. - With Louisiana seeing a new spike in coronavirus hospitalizations, Gov. John Bel Edwards on Tuesday toughened restrictions on businesses and gatherings ahead... Read more ...

Warren Buffett wants more small-business aid, less income inequality, and a...

Warren Buffett wants more small-business aid, less income inequality, and a robust economic recovery. He'll be happy to have Janet Yellen as treasury secretary

Summary List Placement Warren Buffett is likely pleased that President-elect Joe Biden intends to appoint Janet Yellen as treasury secretary. The billionaire investor and... Read more ...

Truist leadership: Banking relationships help Atlanta businesses amid...

Truist leadership: Banking relationships help Atlanta businesses amid economic uncertainty

Businesses in the Atlanta region have persevered during Covid-19, whether by pivoting operations to serve customers in a new way or coming up with new products and services for... Read more ...

The Latest: Russia says vaccine candidate effective, cheaper

The Latest: Russia says vaccine candidate effective, cheaper

MOSCOW - Russia has released new results claiming its experimental coronavirus vaccine is highly effective and will cost less than vaccines made by some Western competitors. Read more ...

POWER PLAYERS: 23 of the best financial advisors for millennials

POWER PLAYERS: 23 of the best financial advisors for millennials

Summary List Placement Millennials are staring down their second recession before the oldest of them turn 40 years old. Not only did much of the generation graduate into the... Read more ...

Home Depot agrees to $17.5m settlement in 2014 data breach

Home Depot agrees to $17.5m settlement in 2014 data breach

BOSTON - Home Depot has reached a $17.5 million settlement with the attorney generals of 46 states and the District of Columbia over a 2014 data breach that exposed the payment... Read more ...