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
“People are fed up with this,” said Senator Rick Scott of Florida, who heads the campaign arm for Senate Republicans leading into the 2022 elections.Those attacks do not seem to carry the same sway that they did during Mr. Obama’s tenure, when the White House proposed a much smaller economic stimulus package than many economists thought was warranted given the huge erosion in … [Read more...] about Biden, Calling for Big Government, Bets on a Nation Tested by Crisis
Use of the one-shot Johnson & Johnson Covid vaccine will resume within days, but with a warning added to its label about the risk for a rare blood-clotting disorder that has occurred among young women, the Food and Drug Administration announced on Friday.Concerns about the disorder had led to a pause in the use of the vaccine that began 10 days earlier. The F.D.A. decided … [Read more...] about J.&.J. Vaccine Will Be Available Again Soon
“No matter what the headlines have been, no matter how the market’s turned, we always tend to find bookings rebounding fastest, soonest and greatest in those markets,” said Vasu Raja, American’s chief revenue officer.United said it expected to be able to make money even with corporate and long-haul international travel down 35 percent. (Both are currently down about 80 … [Read more...] about Once Crippled by the Pandemic, Airlines See a Fast Recovery Coming