business news
FDA authorizes Covid omicron booster shots for kids as young as 5 years old
The Food and Drug Administration on Wednesday authorized Covid booster shots that target the omicron variant for preschoolers through elementary school students. Pfizer’s new omicron boosters are authorized for children ages 5 to 11 and Moderna’s shots for kids ages 6 through 17. The shots are administered two months following completion of the two-dose primary […]
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Moderna and Merck will jointly develop a cancer vaccine for high-risk melanoma patients
Pipettes are seen at the Moderna Therapeutics Inc. lab in Cambridge, Massachusetts, U.S., on Tuesday, Nov. 14, 2017. Moderna this week started testing Adam Glanzman | Bloomberg | Getty Images Moderna and Merck will jointly develop and sell a cancer vaccine that is personalized for individual patients, the companies announced on Wednesday. Moderna’s vaccine, based […]
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NASA aims for mid-November launch of delayed Artemis moon mission
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at Cape Canaveral, Florida, August 27, 2022. Joe Skipper | Reuters NASA said Wednesday that it is planning to launch its Artemis […]
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How Amazon’s huge non-public-label small business is escalating and leaving little models to safeguard from knockoffs
Peak Design and style has been building digicam baggage and accessories for a dozen decades, relying on Amazon for the bulk of its profits. Past 12 months, founder and CEO Peter Dering discovered Amazon was selling a bag that looked strikingly related to Peak’s prime-marketing product, the Everyday Sling Bag. “They copied the typical shape, […]
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New Zealand plans to tax emissions from livestock burps and dung
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand’s economy, especially when it comes to exports. David Clapp | Stone | Getty Images New Zealand plans to tax agricultural emissions — including those related to the burps, urine and dung from livestock like cows and sheep — in a move its […]
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Delta and Starbucks link their loyalty programs in a bid for repeat customers
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Delta Air Lines and Starbucks are linking their loyalty programs, marking the latest move by the companies to expand the appeal of their rewards programs and boost sales. Starting Wednesday, members of Delta’s SkyMiles […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. All mixed up The S&P 500 and the Nasdaq were on a five-day losing streak heading into […]
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Demand for riskier home loans is high as interest rates soar
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the […]
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United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans-Atlantic travel, in a bet that consumers will continue to shell out for international trips, some of which they had put off for years. Next summer, United […]
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