Health care industry
Shanghai’s Covid battle faces setback as Beijing focuses on mass testing
China’s commercial capital of Shanghai was dealt a blow on Monday as authorities reported 58 new Covid-19 cases outside areas under lockdown, while Beijing pressed on with testing millions of people on a May Day holiday few were celebrating. Tough coronavirus measures in Shanghai have stirred rare public anger, with millions of the city’s 25 […]
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Time for a fourth Covid vaccine dose? Here’s why medical professionals are skeptical
There hasn’t been enough research on how much protection a fourth dose can offer, medical professionals told CNBC. Justin Sullivan | Getty Images Countries are beginning to offer a fourth dose of the Covid-19 vaccine to vulnerable groups, but medical professionals are undecided on whether it would benefit the wider population. The U.S. Food and […]
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Amazon workers won’t get paid for Covid leave anymore
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is cutting paid time off for front-line U.S. workers who test positive for Covid-19, effective Monday. All U.S.-based Amazon workers who […]
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Lyft, Uber will cover legal fees for drivers sued under Oklahoma abortion law
Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft and Uber said this week they will fully cover legal fees for their respective drivers who are sued under Oklahoma’s anticipated restrictive abortion law. […]
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South Africa seeing another Covid surge, this time from new omicron subvariant
A health worker administers a Covid-19 vaccine to a student during a rural vaccination drive in Mpumalanga, South Africa. A new omicron subvariant in the country that scientists call BA.4 started pushing up cases in April, Salim Abdool Karim, who previously advised the government on its Covid-19 response, told the Associated Press. Bloomberg | Getty […]
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CDC says adenovirus may contribute to liver injury in healthy children after investigating Alabama cases
Adenovirus structure, computer illustration showing the surface structure of the virus’ outer protein coat (capsid). Kateryna Kon | Science Photo Library | Science Photo Library | Getty Images Nine children in Alabama with severe acute hepatitis, three of whom suffered liver failure, all tested positive for adenovirus and none of them had a history Covid-19 […]
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FDA panel to discuss Novavax Covid vaccine for adults, Pfizer and Moderna shots for kids in June
Medical syringes and Novavax logo displayed in the background are seen in this illustration photo taken in Krakow, Poland on December 2, 2021. Jakub Porzycki | NurPhoto | Getty Images The Food and Drug Administration’s independent advisors will meet in June to discuss Novavax’s Covid vaccine for adults as well as Pfizer and Moderna’s shots […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, CEO […]
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The market just posted an unhealthy AOL-Time Warner bubble comparison
A Teladoc rolling telehealth cart that allows physicians to meet with their patients remotely, on October 8, 2021. Newsday Llc | Newsday | Getty Images This week’s earnings details have included some big-name reckonings with the value of high-growth, high-tech — and high-risk — companies. Ford and Amazon writing down stakes in electric vehicle maker […]
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Cathie Wood bought more than $20 million worth of Teladoc as stock tanked Thursday
Ark Invest added shares of Teladoc in four different funds during a sharp decline for the stock on Thursday. Source
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