infectious diseases

US Business Confidence in China Falls to Record Low, Survey Says

US Business Confidence in China Falls to Record Low, Survey Says

SINGAPORE—Sentiment about operating in China among US businesses has plummeted to a new low, driven largely by Beijing’s continued use of sudden Covid-19 lockdownsan annual survey by an American business group found. The poll of member companies by the US-China Business Council found American multinationals looking confident in the near-term prospects for their China ventures, …

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US Business Confidence in China Falls to Record Low, Survey Says

US Business Confidence in China Falls to Record Low, Survey Says

SINGAPORE—Sentiment about operating in China among US businesses has plummeted to a new low, driven largely by Beijing’s continued use of sudden Covid-19 lockdownsan annual survey by an American business group found. The poll of member companies by the US-China Business Council found American multinationals looking confident in the near-term prospects for their China ventures, …

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Omicron-targeting COVID boosters expected this week, but experts are worried there may be low uptake

Omicron-targeting COVID boosters expected this week, but experts are worried there may be low uptake

The Food and Drug Administration is expected to authorize new COVID-19 booster shots this week that target the latest versions of the omicron variant but will do so without data from a study showing the shots were safe and worked in humans. Clearance of the doses, without data from human testing known as clinical trials, …

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Shrinking the Fed's balance sheet is not likely to be a benign process, new Jackson Hole study warns

Shrinking the Fed’s balance sheet is not likely to be a benign process, new Jackson Hole study warns

“If the past repeats, the shrinking of the central bank’s balance sheet is not likely to be an entirely benign process and will require careful monitoring of the banking sector’s on-and off-balance sheet demandable liabilities” — Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist at the IMF The Federal …

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Shrinking the Fed's balance sheet is not likely to be a benign process, new Jackson Hole study warns

Shrinking the Fed’s balance sheet is not likely to be a benign process, new Jackson Hole study warns

“If the past repeats, the shrinking of the central bank’s balance sheet is not likely to be an entirely benign process and will require careful monitoring of the banking sector’s on-and off-balance sheet demandable liabilities” — Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist at the IMF The Federal …

Shrinking the Fed’s balance sheet is not likely to be a benign process, new Jackson Hole study warns Read More »

Layoffs.  Losses.  Plunging share price.  These pandemic winners are now struggling

Layoffs. Losses. Plunging share price. These pandemic winners are now struggling

New York CNN Business — Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or unwilling) to go to the gym, consumers rushed to buy its exercise equipment and, more importantly, sign up for its online classes. Peloton posted its first quarterly profits in calendar year 2020 as revenue jumped …

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Moderna Sues Pfizer and BioNTech, Alleging mRNA Patent Infringement

Moderna Sues Pfizer and BioNTech, Alleging mRNA Patent Infringement

Modern Inc. sed rival Covid-19 vaccine makers Pfizer Inc. and BioNTech SE, alleging that the companies’ shot infringes on key intellectual property owned by Moderna. Pfizer and BioNTech’s vaccine relies on messenger RNA technology that Moderna had developed and patented years ago, including a chemical modification that avoids prompting an undesirable immune response, Moderna said …

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Moderna files patent infringement lawsuits against Pfizer and BioNTech over mRNA Covid-19 vaccines

Moderna files patent infringement lawsuits against Pfizer and BioNTech over mRNA Covid-19 vaccines

CNN — Moderna on Friday filed patent infringement lawsuits against Pfizer and BioNTech “for infringing patents central to (its) mRNA technology platform,” the company said in a news release Friday. “Moderna believes that Pfizer and BioNTech’s COVID-19 vaccine Comirnaty infringes patents Moderna filed between 2010 and 2016 covering Moderna’s foundational mRNA technology. This groundbreaking technology …

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