Organizers of the World Economic Forum (WEF) said on Dec. 20 that the annual event in Davos, Switzerland, has been postponed until mid-2022 due to ongoing uncertainty over the spread of Omicron. The annual meeting, which was set to take place in late January 2022, has been deferred to early summer, according to Adrian Monck, WEF…
Moderna Says Its Existing COVID-19 Booster Appears Protective Against Omicron
December 20, 2021
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Moderna said on Dec. 20 that its existing COVID-19 vaccine booster shot sharply increased Omicron neutralizing antibody levels in laboratory testing, with the drugmaker adding that it continues to work on an Omicron-specific booster. The company said in a statement that its currently authorized 50 microgram dose booster of its mRNA-1273 vaccine increased Omicron neutralizing…
Ryanair CEO Says Unvaccinated Shouldn’t Be Allowed to Enter Hospitals, Supermarkets, or Airplanes
December 20, 2021
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Ryanair CEO Michael O’Leary has said that unvaccinated people should not be allowed to enter hospitals, supermarkets, or travel in airplanes and some other forms of public transport. In an interview with The Daily Telegraph newspaper, O’Leary said that while he doesn’t agree with mandatory COVID-19 vaccine programs, he does believe that governments should “make life difficult” for those…
US-Based Toy Manufacturers Step Up to Void Left by Stuttering Global Supply Chains
With global shipping logistics resembling a harried crow’s nest these days, toy manufacturers with domestic operations are happily producing and delivering goods, tangle free. Moreover, many are expanding their facilities and increasing levels of production. Meanwhile, toy companies with overseas production arrangements battle delays and rising costs, which may impact the number of foreign-made gifts…
CNN Shuts Down Offices as COVID-19 Cases Rise: Memo
December 19, 2021
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CNN closed its offices over the weekend as COVID-19 cases have recently increased in the United States, according to the cable station in a Saturday announcement. Only employees who must work onsite will be allowed in its U.S. offices and have to remain masked regardless of vaccination status, said CNN President Jeff Zucker in a memo…
Apple Delays Office Return Indefinitely
Apple Inc. has once again delayed its return to in-person work, this time pushing back from a previous office-return date of Feb. 1 to “a date yet to be confirmed,” as attested to by an internal company memo from CEO Tim Cook. This delay occurs just weeks after November’s announcement of the Feb. 1 date,…
Businesses Have Until Jan. 10 Before Facing Penalties for Noncompliance With COVID-19 Vaccine Mandate: OSHA
December 18, 2021
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The Occupational Health and Safety Administration (OSHA) on Saturday announced a six-day grace period beyond the Jan. 4 deadline for compliance with its COVID-19 vaccine mandate for private employers, saying that it would not issue citations to give employers more time to adjust. OSHA said in a Dec. 18 statement that it would not be…
Boeing Suspends COVID-19 Vaccine Mandate
December 18, 2021
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Boeing on Friday suspended its COVID-19 vaccine requirement for U.S. employees, becoming the latest company to drop the rule amid pushback from some employees and in response to a court decision blocking federal mandates. The plane-making giant said in an internal memo obtained by media outlets that its decision was spurred in part by a…
Retailers Are Prepared for Christmas Week Rush Despite Supply Chain and Omicron Worries
American retailers are preparing for the last week of the holiday shopping season beginning on Dec. 17. The 2021 holiday season appears to be on track to reach as high as 11.5 percent growth over last year. The last-minute Christmas rush beginning on Super Saturday is the most profitable season for retailers in the fourth…
Stocks Slide, Safe Havens Gain as Omicron Worries Weigh
December 17, 2021
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NEW YORK—Global stock benchmarks and oil prices fell on Friday while safe havens such as the dollar and Treasury bonds rose as investors wrestled with a hawkish turn from major central banks in the fight against inflation and rising numbers of Omicron cases. Asian shares closed near lows for the year and broad-based European stock…
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