Fully vaccinated international tourists will be allowed to visit Australia from Feb. 21, following a near two-year lockout since the beginning of the pandemic. Prime Minister Scott Morrison made the announcement after a national security committee meeting of his Cabinet on Feb. 7. Since late 2021, entry in the country has been largely restricted to…
Australia to Open Borders to International Tourists at the End of February
February 7, 2022
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Americans Leaving Jobs to Start Their Own Businesses at Record Pace
The pandemic has triggered a wave of entrepreneurship—at least in thought. Among Americans, two in five plan on starting a business in 2022, according to a Digital.com survey. And new business applications soared to 5.4 million in 2021, according to the U.S. Census Bureau, exceeding the previous record in 2020 of 4.4 million. The increase is 53…
Fired Syneos Health Workers: Company Ignored Tennessee Vaccination Law
February 5, 2022
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When Syneos Health fired employees who refused to get vaccinated for COVID-19, it allowed Florida residents to keep working. Presumably, the company was following Florida’s law, enacted in November, prohibiting private employers from mandating COVID-19 vaccines. Under Florida’s law, businesses with 99 employees or less face a fine of $10,000 per employee violation, while larger…
Restaurant Industry’s Recovery ‘Remains Incomplete’ Despite Strong Jobs Report, Group Says
While the U.S. government’s latest employment report showed jobs continuing to bounce back in the restaurant industry in January, the recovery remains incomplete, with the U.S. restaurant sector still down over 1 million jobs compared to pre-pandemic levels. Employment at food service and drinking places—the major component of the total restaurant and foodservice industry—rose by…
Strong Domestic Demand Boosts German Industrial Orders in December
February 4, 2022
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BERLIN—German industrial orders grew more than expected in December, data showed on Friday, with a boost from stronger domestic demand a cause for optimism for the growth outlook of Europe’s largest economy. Orders for goods grew 2.8 percent on the month in seasonally adjusted terms after a revised increase of 3.6 percent in November, figures…
Eurozone Firms See Wages Rising by 3 Percent or More, ECB Says
FRANKFURT—Eurozone companies expect wages to rise by 3 percent or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such as builders and software engineers, the European Central Bank said on Friday. Wage growth is a crucial indicator for the ECB in assessing the future…
US Service Sector Slows in January; Input Prices Remain Elevated: ISM Survey
WASHINGTON—A measure of U.S. services industry activity dropped to an 11-month low in January as a resurgence in COVID-19 infections hurt demand at high contact businesses and kept workers at home. The Institute for Supply Management said on Thursday its non-manufacturing activity index fell to 59.9 last month, the lowest reading since February 2021, from…
Eurozone Retail Sales Dive in December, Biggest Drop in Countries With Most Restrictive COVID Policies
Retail sales in the 19 European countries that use the euro came in far weaker than expected in December, the same month that saw inflation in the region spike to a record high, with the biggest retail sales drops concentrated in countries with the strictest COVID-19 measures. Eurostat, the European Union’s statistical agency, reported Friday…
Merck Sees 2022 Sales up Nearly 20 Percent, Mostly on New COVID Pill
February 4, 2022
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Merck & Co said on Wednesday it expects its 2022 sales to increase as much as 18 percent over last year, mostly on sales of its new COVID-19 pill, molnupiravir. The drugmaker said sales of the COVID-19 drug were $952 million in the fourth quarter, and it expects another $5 billion to $6 billion in…
Fired Pharmaceutical Workers Explain Why They Didn’t Get COVID-19 Shots
February 3, 2022
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A major pharmaceutical company this week fired many employees who refused to get the COVID-19 vaccine. Syneos Health is a global pharmaceutical outsourcing company with some 28,000 employees in more than 110 countries. It contracts with bigger pharmaceutical companies including COVID-19 vaccine maker Johnson & Johnson/Janssen. While J & J employs pharmaceutical representatives, it also…
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