Russia is set to roll out the world’s first approved coronavirus vaccine amid skepticism over its effectiveness and safety after less than two months of human testing. President Vladimir Putin announced on Tuesday that Russia had become the first country to grant regulatory approval for a COVID-19 vaccine, which showed …
Read More »Thai scientists catch bats to detect virus origins
KANCHANABURI, Thailand (AP) – Researchers in Thailand have already moved through the countryside to catch flags in their caves in an attempt to track down the costly origin of the coronavirus. Early research has already pointed to bats as the source of the virus that has affected more than 20.5 …
Read More »Dr Fauci says Russia risks ‘hurting many people’ by vaccinating coronavirus
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for the last three decades and an expert on pandemics for the last four decades, has been waiting for recent news that Russia has developed a vaccine, and is ready to start inoculating people with it. “We have …
Read More »Stein Mart filed for bankruptcy as analysts predicted pressure on normally-robust off-price retail
Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
Read More »Cisco shares double 6% on revenue spoon, revenue decline; CFO to retire
Cisco Systems Inc. reported financial results that were largely in line with the Wall Street estimate, but another revenue decline and accompanying soft income battled the stock in trading after hours Wednesday. The company also announced the retirement of longtime Chief Financial Officer Kelly Kramer, once a successor is found. …
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