Category: Businesses in COVID-19

United Airlines to Let Workers Who Didn’t Get COVID-19 Vaccine Return to Work

United Airlines plans to let workers who declined to get a COVID-19 vaccine return to work, according to a missive obtained by The Epoch Times. Unvaccinated employees can return to their positions on March 28, according to the memorandum, which was sent to workers on Thursday morning. Kirk Limacher, vice president of human resources at…


Pfizer Begins Study of COVID-19 Pill in High-Risk Children

Pfizer has started a study of its COVID-19 pill in children who have COVID-19 and are designated as high-risk for experiencing severe symptoms. The phase 2/phase 3 study has approximately 140 participants between the ages of 6 and 17. One cohort will receive Pfizer’s pill, known as Paxlovid or nirmatrelvir, twice a day for five…


Chart Wars: Between Moderna and Novavax, Which COVID Stock Will Soar Higher?

Moderna, Inc. and Novavax, Inc. were trading up over 10 percent and 8 percent, respectively, at one point on Wednesday, boosted by the S&P 500’s almost 2.6 percent intraday gain. The pharmaceutical stocks have been heavily beaten down over the past many months, with Moderna declining over 70 percent from its Aug. 10, 2021 all-time high…


Jet Fuel Price Surge Deals Heavy Blow to Fragile Air Travel Recovery

SINGAPORE—Global jet fuel prices have surged to near 14-year highs in line with crude oil’s surge on supply shortfall worries, slamming air carriers and travellers with steep cost increases just as air travel was starting to recover from COVID-19 restrictions. Oil prices have soared to their highest since 2008 as supplies lag recovering global demand…


Google Employees Told to Come Back to Offices, Vaccinated Don’t Need to Wear Masks

Google is asking employees in the United States, Asia-Pacific, and the UK to return back to offices for three days per week beginning April 4, marking the end of the company’s full-time remote working option instituted during the pandemic and a transition toward hybrid work. “Google’s approach to the hybrid work week was inspired by…


Inflation in the Eurozone Hits Record High as War in Ukraine Affects Energy Prices

Countries in the 19 nation Eurozone are facing skyrocketing inflation as the Russian invasion of Ukraine threatens to raise energy prices throughout Europe, according to numbers released on March 2. Consumer prices in the EU jumped 5.8 percent from a year ago in February, up from 5.1 percent the previous month, the fourth straight month…


Central Banks Seen Enhancing Liquidity After SWIFT Ban: Credit Suisse Strategist

NEW YORK—The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to offset missed payments, a Credit Suisse strategist said on Sunday. Western nations announced on Saturday a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the…


Toyota’s Japan Production Halted Over Supplier ‘Malfunction’

TOKYO—Toyota is suspending production at all 28 lines of its 14 plants in Japan starting Tuesday, because of a “system malfunction” at a domestic supplier, the automaker said Monday. Public broadcaster NHK TV and other Japanese media said a major Toyota supplier had been hit by a suspected cyberattack. No details were given. It was…


Annuities for Dummies

About a month ago I booked a flight to see one of my best friends. Considering that we’re still dealing with COVID-19, I decided to to purchase travel insurance. And, good thing I did. A couple of days before I was to take off, my friend and his family all tested positive. Thankfully, I was…


Target Ends Masking Requirement for Workers, Customers

Customers and workers at most Target stores no longer have to wear masks. The Minnesota-based retailer updated its policies on Feb. 21, saying masks won’t be required as long as local regulations don’t force stores to require them. “The health and safety of our guests and team members have been Target’s top priority throughout the…