Category: Businesses in COVID-19

Growing Number of Businesses Mandating COVID-19 Booster Shots

In what appears to be a growing trend nationwide, an increasing number of businesses and other organizations are mandating that workers, customers, or students receive a COVID-19 booster dose. On Wednesday morning, Danny Meyer, the CEO of the Union Square Hospitality Group and Shake Shack founder, told CNBC that starting “immediately,” his businesses “are going to…


Passengers up to 3 Times More Likely to Contract Omicron on Flights Than Delta Variant: Medical Adviser

Aircraft passengers are up to three times more likely to contract the Omicron variant of the coronavirus compared to the Delta variant, a top medical adviser to the world’s airlines said on Tuesday. David Powell, physician and medical adviser to the International Air Transport Association, told Bloomberg that the relative risk of contracting the Omicron variant of the virus…


Musk Says He’s Sold Enough Tesla Stock to Meet Target, Slams ‘Wokeness’ and California’s ‘Overtaxation’

Tesla CEO Elon Musk suggested he’s done selling shares in the world’s most valuable car company, saying in an interview released Dec. 21 that he had sold “enough stock” to hit his goal of liquidating 10 percent of his Tesla stake. In a wide-ranging interview with satirical website Babylon Bee, the tech billionaire took aim…


UK Government Announces £1 Billion New Grant as Hospitality Businesses Suffer From Cancellations

A £1 billion ($1.32 billion) taxpayer-funded package has been announced in England on Tuesday to support businesses affected by the spread of the CCP virus and the government policy to curb the spread of the virus, which causes COVID-19. With the uncertainty around the Omicron variant looming, hospitality businesses have taken another hit in the most…


Rite Aid Says Its Shutting Down More Than 60 Stores

Drugstore chain Rite Aid said it will shut down more than 60 stores across the United States in the coming months as it reassesses how many locations it needs. According to an earnings report released by the firm Tuesday, shutting down 63 stores would save the company $25 million per year. After years of heavy…


DeSantis Credits Constitutional Freedom, Spending Policies for Florida’s Economic Performance

Florida Gov. Ron DeSantis gave credit to his state’s jobs and economical performance to respecting constitutional rights, ensuring freedom from vaccine mandates, low taxation, and government spending policies. DeSantis on Fox News discussed the sunshine state’s stance regarding COVID-19 treatments and its focus on the constitutional rights of Floridians. “At the end of the day in…


Development of ‘Omicron-Specific’ Shot Could Begin in Weeks: Moderna CEO

Moderna’s chief executive officer doesn’t expect any problems with the development of a booster shot against the latest strain of the CCP virus and hopes clinical trials can begin early next year. “It only needs minor adjustments for Omicron. I don’t expect any problems,” Stéphane Bancel told Swiss newspaper Tages-Anzeiger, likely referring to the company’s…


UK Offers 1 Billion Pounds to Firms Hit Hardest by Omicron

LONDON—Britain announced on Tuesday 1 billion pounds ($1.3 billion) of extra support for businesses hit hardest by the wave of Omicron variant coronavirus cases, which is hammering the country’s hospitality sector and other businesses. Finance minister Rishi Sunak said he was confident the measures would help hundreds of thousands of businesses. But he added that…


German Consumer Morale Darkens as Omicron Raises Spectre of Recession

BERLIN—German consumer morale will deteriorate further at the start of next year, a survey showed on Tuesday, as the COVID-19 pandemic and the rise of the Omicron variant push Europe’s largest economy to the brink of a recession during the winter. The Nuremberg-based GfK market research institute said its consumer sentiment index, based on a…


Netherlands Imposes Christmas-Time Lockdown, Taking the Dutch by Surprise

The Netherlands entered into a strict Christmas lockdown driving desperate Dutch shopkeepers to demand government reimbursements for sales lost, as Omicron keeps spreading in European nations. Prime Minister Mark Rutte declared the shutdown in an announcement Saturday, ordering the closure of all services, including gyms, hairdressers, restaurants, and other public places. Only essential services are…