The stock market may fall if a COVID-19 vaccine receives formal FDA approval. I know I’m advancing myself because it does not guarantee that an effective vaccine will ever be produced. But with eight faxes now in Phase III studies, and with Russia claiming bragging rights by being the first …
Read More »UK beats two Covid-19 vaccine cases for 90 million doses
The UK government said on Friday it had signed deals for a further 90 million doses of coronavirus vaccines as the country raced to secure supplies of experimental shots to combat the pandemic. Under the new agreements in principle, the American medicine developer Novavax NVAX, + 7.12% will supply 60 …
Read More »Novavax stock jumps on vaccinated deal with South Korean firm
Text size Andrey Rudakov / Bloomberg Novavax said it has a deal with SK Bioscience to produce the antigen component of its Covid-19 vaccine candidate during the pandemic period. The stock jumped more than 9% Thursday morning. Novavax (ticker: NVAX) said its development and supply agreement with the South Korean …
Read More »News updates: Joe Biden Presses for National Mask Mandate
Workers wearing personal protective equipment perform Covid-19 tests in Drive in Winnetka, California (Photo by Kevin Winter / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • Joe Biden kicks in for a national mask mandate, …
Read More »The Fed says it is developing an experimental digital currency
Pedestrians pass a digital sign announcing the latest rates for currency in Istanbul. Photographer: Kostas Tsironis / Bloomberg Kostas Tsironis / Bloomberg News The Federal Reserve announced Thursday that it is building and testing a hypothetical digital currency, equivalent to cash. The goal of the program is to improve the …
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