Health care industry
Moderna CEO Stephane Bancel has sold more than $400 million of company stock during the pandemic
Moderna CEO Stephane Bancel Steven Ferdman | Getty Images Moderna CEO Stephane Bancel has sold $408 million in company stock since the beginning of the coronavirus pandemic — averaging roughly $3.6 million a week — as the company’s stock soared on the development and rollout of its Covid vaccine, according to CNBC’s analysis of the […]
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Covid pushed nearly 5 million more in Southeast Asia into extreme poverty, says Asian Development Bank
A man ties up used cardboard boxes he salvaged to sell for recycling in Jakarta, Indonesia. Bay Ismoyo | Afp | Getty Images Southeast Asia is grappling with high poverty levels as recurring waves of Covid-19 have dealt a blow to the region’s labor market, said the Asian Development Bank. Last year, the pandemic pushed […]
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Vaccine inequity will cost the world trillions of dollars, WHO Foundation warns
The CEO of the WHO Foundation has told CNBC that the global economy will lose “trillions of dollars” if more Covid-19 vaccines aren’t delivered worldwide. Anil Soni, who became the Foundation’s first CEO in January 2021, said “the governments of Europe and the West have a clear obligation to donate excess doses and to put […]
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Theranos saga returns to courtroom as Holmes’ top deputy Balwani set for criminal trial
Sunny Balwani, former president and chief operating officer of Theranos Inc., leaves federal court in San Jose, California, Oct. 2, 2019. Michael Short | Bloomberg | Getty Images He was the man behind the lab curtain at blood-testing start-up Theranos. Now he takes center stage in his own criminal fraud case. Opening arguments in the […]
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How Hong Kong went from ‘zero-Covid’ to the world’s highest death rate
Healthcare workers wearing personal protective equipment transfer a patient from an ambulance to the emergency department as the body of a deceased patient arrives at an adjacent mortuary at the Queen Elizabeth Hospital in Hong Kong, China, on Tuesday, March 8, 2022. Lam Yik | Bloomberg | Getty Images Hong Kong’s worst outbreak of the pandemic didn’t […]
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Pfizer to seek authorization for 2nd Covid booster for people 65 and older
A medical staff prepares a booster dose of Pfizer’s coronavirus disease (COVID-19) vaccine are seen at a vaccination centre in Brussels, Belgium, January 5, 2022. Yves Herman | Reuters Pfizer and BioNTech are expected to seek U.S. authorization this week for a second Covid-19 vaccine booster for people 65 and older, according to a person […]
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White House says U.S. will run out of money to fight pandemic if Congress doesn’t pass Covid funding bill
A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The White House on Tuesday warned the U.S. won’t have enough booster shots and lifesaving Covid treatments for Americans if […]
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Pollen season could be longer, more intense, as climate changes, study finds
A bee collects pollen from flowers in Los Angeles June 9, 2021. Chris Delmas | AFP | Getty Images As the climate warms, allergy season in the United States could get worse. If carbon emissions go unchecked, pollen season could start up to 40 days earlier and last 19 days longer by the end of the century, […]
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Covid was declared a pandemic two years ago and now we’re finally moving on — but public health experts say it’s not over
Medical staff treat a coronavirus disease (COVID-19) patient in the Intensive Care Unit (ICU) at the Providence Mission Hospital in Mission Viejo, California, January 25, 2022. Shannon Stapleton | Reuters LONDON — With war raging between Russia and Ukraine, the world’s battle against the coronavirus has been largely sidelined and the second anniversary of Covid-19 […]
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Leaders of NATO countries discuss plans to meet in Brussels next week, officials say
A view of a meeting of the North Atlantic Council (NAC) at the level of Foreign Ministers gather at the NATO Headquarters in Brussels, March 4, 2022. Olivier Douliery | Reuters The heads of state representing NATO’s 30 member countries are discussing meeting in person in Brussels next week as Russia’s invasion of Ukraine reaches […]
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