Day: March 14, 2022
Vaccine maker stocks rise as China battles worst Covid outbreak since 2020
Shares of the major vaccine makers rose on Monday as China battles its worst Covid outbreak since 2020, fueling fear that the pandemic will drag on which could drive demand for future vaccine orders. Moderna‘s stock jumped more than 8% to close at $150.07. In the morning, the biotech company’s stock had surged nearly 20% […]
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Dr. Gottlieb says China is ‘very vulnerable’ to omicron subvariant spread despite ‘zero-Covid policy’
Low levels of natural immunity are complicating China’s efforts to limit spread during its recent surge in cases of the new Covid omicron BA.2 subvariant, Dr. Scott Gottlieb told CNBC on Monday. “China has a population that’s very vulnerable to this new variant. This is a much more contagious variant, it’s going to be harder […]
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Putin’s invasion of Ukraine will knock 30 years of progress off the Russian economy
Russia’s Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on March 4, 2012. Dmitry Astakhov | AFP | Getty Images WASHINGTON — Vladimir Putin’s unprovoked war on Ukraine and the resulting global response will set Russia’s economy back by at least 30 years — close […]
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Putin allows Russian airlines to fly $10 billion worth of foreign-owned planes domestically
Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Foreign aircraft lessors seeking to recover some $10 billion worth of planes from Russia were dealt a new blow Monday when President Vladimir Putin signed a law clearing the country’s airlines to fly the planes […]
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Manchin comes out against Biden Fed nominee Raskin, throwing her confirmation into doubt
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, speaks before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Sen. Joe Manchin, the most conservative Democrat in the […]
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Two years into the coronavirus pandemic, Fauci hopes the world will not forget lessons from a ‘catastrophic experience’
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, arrives for a Senate Health, Education, Labor and Pensions Committee hearing to discuss the on-going federal response to COVID-19, at the U.S. Capitol in Washington, D.C., May 11, 2021. Greg Nash | Pool | Reuters As the two-year anniversary of the coronavirus […]
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White House considers a potential Biden trip to Europe amid escalating violence in Ukraine
US President Joe Biden boards Air Force One before departing from Tulsa International Airport in Tulsa, Oklahoma, on June 1, 2021. Mandel Ngan | AFP | Getty Images WASHINGTON — The White House is considering a presidential trip to Europe in the coming weeks, multiple outlets reported Monday, citing anonymous sources. A visit by President […]
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Egg freezing, IVF and surrogacy: Fertility benefits have evolved to become the ultimate workplace perk
Halfpoint Images | Moment | Getty Images When Priya and her husband discovered they were infertile, it cost them $20,000 and years of intrusive treatment to conceive their daughter. A couple of years later when they had their son, it was a fraction of the cost and relatively painless — thanks in large part to […]
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Portraits of war: See how the attack on Ukraine has affected its people
Ukrainians who fled the war in their country take refuge in the main hall of an athletic complex in the Moldovan capital Kishinev, on March 10, 2022. Menahem Kahana | AFP | Getty Images Russia’s war in Ukraine has gone on for nearly three weeks. Russian President Vladimir Putin invaded his ex-Soviet neighbor late last […]
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With Putin’s war in Europe, the legacy of Germany’s Merkel is now being seen in a very different light
Former German Chancellor Angela Merkel waves goodbye as she departs from the Chancellery for the last time. Sean Gallup | Getty Images News | Getty Images With Vladimir Putin‘s unprovoked attack against Ukraine, political analysts are now reassessing the long and deeply complicated relationship the Russian leader had with ex-German Chancellor Angela Merkel, and how […]
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