Hometown Deli, Paulsboro, N.J.Mike Calia | CNBCThe investment funds of two U.S. universities, Duke and Vanderbilt, own significant chunks of stock in the mysterious company valued at $100 million by the stock market despite owning only a tiny New Jersey deli.Duke and Vanderbilt's shares in Hometown International were acquired by their Hong Kong-based arms under the direction of … [Read more...] about Rutgers, Duke and Vanderbilt all have ties to the $100 million NJ deli company
President Joe Biden speaks during a joint session of Congress at the U.S. Capitol on April 28, 2021.Bloomberg | Bloomberg | Getty ImagesSome business owners may have breathed a sigh of relief when the White House released details of President Joe Biden's tax plan.That's because he indicated family owned businesses and farms would be protected against any projected capital gains … [Read more...] about Biden says he’ll protect businesses from certain tax hikes. It’s not clear how
Thomas Gregory, 16, is inoculated by nurse Cindy Lamica with the Pfizer-BioNTech Covid-19 vaccine at the UMass Memorial Health Care COVID-19 Vaccination Center in the Mercantile Center in Worcester, Massachusetts on April 22, 2021.Joseph Prezioso | AFP | Getty ImagesData on how well the Pfizer-BioNTech Covid-19 vaccine works in kids ages 5 to 11 could be available as early as … [Read more...] about BioNTech expects Covid vaccine data on kids ages 5 to 11 as early as end of summer
European authorities will release data on Friday that is widely expected to show another economic downturn over the first three months of the year as the still-raging pandemic has prompted governments to extend lockdowns. Coming a day after the United States disclosed that its economy expanded 1.6 percent over the same period — a robust 6.4 percent annualized rate — the … [Read more...] about Europe’s economy is expected to shrink while the U.S.’s grows.
The Baltimore plant is one of two federally designated sites that were supposed to be ready to manufacture vaccines or therapeutics in a public health emergency. In June 2020, the Trump administration awarded Emergent a $628 million contract, mostly to reserve space in Baltimore to produce coronavirus vaccines.In Washington, Emergent is known for its aggressive lobbying and … [Read more...] about Shake-Up at Covid Vaccine Manufacturer That Tossed Millions of Doses