Pavlo Gonchar | LightRocket | Getty Images Help is on the way. This week, two companies released more news on their Covid-19 vaccines as they prepare to seek regulatory clearance, flashing signs of hope that the U.S. could soon have more weapons against the pandemic. But with fresh reasons to be hopeful, also came signals
Business
Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters Johnson & Johnson said Friday that its one-dose coronavirus vaccine was 72% effective in protecting against Covid-19 in the United States. The vaccine, however, was less potent in other regions, it said. The highly anticipated results were based on 468 confirmed Covid-19 infections among the
An aerial view from a drone shows John Duffy planting corn on a farm he farms with his father on April 23, 2020 near Dwight, Illinois. Mild, dry weather has farmers in the state scrambling to get their fields planted. Scott Olson | Getty Images As a new U.S. president takes office, I am reminded
Biotech firm Novavax said Thursday that its coronavirus vaccine was more than 89% effective in protecting against Covid-19 in its phase three clinical trial conducted in the United Kingdom. The results were based on 62 confirmed Covid-19 infections among the trial’s 15,000 participants. The company said 56 cases were observed in the placebo group versus 6
An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California. Mike Blake | Reuters American Airlines shares jumped by more than 55% in premarket trading on Thursday after posting a smaller-than-expected loss and higher sales than analysts projected. The carrier is the most-shorted U.S. airline, according to
Levi’s clothes are seen on a store shelf in Miami, Florida. Joe Raedle | Getty Images Levi Strauss & Co. reported Wednesday its total holiday-quarter sales dropped 12%, marking an improvement from a more than 20% decline in the prior period, as weak shopper traffic at its stores was partially offset by double-digit growth online.
The U.S. Department of Health and Human Services building in Washington. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images Federal officials at the Department of Health and Human Services raided funds from a little-known agency intended for vaccine research and emergency preparedness, spending millions to move furniture and pay unrelated salaries, according to a
Pedestrians wearing protective masks carry shopping bags in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images As millions of Americans wait their turn to receive the Covid-19 vaccine, many say they won’t be rushing back to retailers’ stores to shop for clothes and shoes after the immunization,
Starbucks Chief Operating Officer Rosalind Brewer will replace Stefano Pessina as CEO of Walgreens, according to The Wall Street Journal. Starbucks announced Brewer’s departure earlier Tuesday, saying she was leaving at the end of February for a CEO position at an undisclosed publicly traded company. Officials from Walgreens weren’t immediately available to comment, on the
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks is expected to report its fiscal first-quarter earnings after the bell Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 55 cents expected Revenue: $6.93 billion expected At the coffee giant’s investor day in December, CFO Pat Grismer reiterated the company’s