It’s been a nightmarish year-end for Tesla. It is the complete opposite of what its charismatic and visionary CEO, Elon Musk, promised in October. “We’re looking forward to a record...
Tag: COVID
Chinese provinces hit hard by Covid are seeing a strain on critical care, health officials say
People wait outside a fever clinic at Tongren Hospital in Shanghai on Dec. 23, 2022, amid a local outbreak of Covid-19 infections. Hector Retamal | Afp | Getty Images BEIJING — Some Chinese provinces&...
Gold Rises on China’s Covid Shift, Signs of Cooler US Inflation
(Bloomberg) — Gold rose — trading above $1,800 an ounce — as China swept away more of its Covid-19 controls, piling pressure on the dollar as risk assets gained. Most Read from Bloomberg China w...
Shares of Chinese funeral company rise as Covid infections leap
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomb...
China’s Reopening Signals Return Of Bull Market
TOPSHOT – People sing slogans while gathering on a street in Shanghai on November 27, 2022, where … [+] protests against China’s zero-Covid policy took place the night before followi...
NVAX Stock Dropped Almost 6%, How Will The Recent Covid Outbreak Will Affect It?
When the world saw a massive outbreak of covid-19 pandemic, it forced the people to stay “underground” but pushed the healthcare companies to stand on the vanguard. Now the recent news regarding the o...
China Banks Rush Traders Back to Office Amid Covid Disruptions
(Bloomberg) — Some Chinese financial institutions are rushing employees back to office as surging absences of traders and other key personnel over the past week amid the nation’s massive Covid-1...
What Is Value Based Care, And Why Is The Healthcare Industry Suddenly So Interested In It?
Value based care (VBC) has become an increasingly popular buzzword, ensnaring much of the attention and press with regards to “the future of healthcare.” Many startups, large healthcare payor organiza...
China’s Economy Is Showing Increasing Strain From the Covid Tsunami
(Bloomberg) — China’s economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting s...
China’s Abrupt Covid Shift Hits Supply Chains From Solar to Coal
(Bloomberg) — China’s reopening is disrupting energy markets as the abrupt shift from Covid Zero shutters industry and upends the usual flow of commodities. Most Read from Bloomberg A dramatic s...
Rite Aid Loss Hits $67 Million As Covid Shots And Testing Decline
Rite Aid reported a quarterly loss of more than $67 million due in part to “a reduction in COVID … [+] vaccine and testing revenue,” the drugstore chain said Wednesday, Dec. 21, 2022. Rite Aid R...
Homicide Is A Leading Cause Of Death Among Children In U.S., Study Finds
Topline Homicide is a leading cause of death in children younger than 17 in the U.S., according to a study published Monday, following a spike in gun violence against children during the Covid-19 pand...
Chinese Stocks Slump as Covid Woes Outweigh Policy Push
(Bloomberg) — Chinese stocks slid as growing disruptions from Covid outbreaks hurt sentiment, offsetting the boost from a key policy meeting where authorities pledged growth support. Most Read f...
More Than One Million May Die In China From Covid Through 2023 – Report
Pedestrians wearing face shields in Beijing, China, on Thursday, Dec. 15, 2022. China’s economic … [+] activity worsened in November before the government abruptly dropped its Covid Zero p...
Should You Get A Covid Booster? CDC Says They Cut Risk Of Hospitalization In Half
Topline Adults who received a shot of the updated Covid-19 bivalent booster were less than half as likely to need hospital treatment than unvaccinated adults, according to a new report from the Center...
China ADRs To Climb The Great Wall Of Worry As PCAOB Resets HFCAA Clock, Week In Review
China Last Night KraneShares Week in Review Asian equity markets had a mixed performance week as the PCAOB announced breaking news, Pfizer’s COVID treatment was approved, and The Central Economi...
DeSantis Flip-Flops From Covid Vaccine Supporter To Most Powerful Critic: Here’s What Happened
Topline Florida Gov. Ron DeSantis’ (R) early response to the onset of the Covid-19 pandemic was to issue some of the most stringent government-enforced restrictions of anywhere in the country, b...
Pfizer and Moderna Shares Break Out. Here’s the Trade.
Drug stocks have been on fire lately, and over the past few weeks, the two leading covid-19 vaccine makers, Pfizer (PFE) – Get Free Report and Moderna (MRNA) – Get Free Report, have surg...
Novavax Tumbles on Cut to UK Covid Vaccine-Supply Deal, Capital Raising
(Bloomberg) — Novavax Inc. shares fell the most in almost four years on Thursday after the company announced it had cut its vaccine supply to the UK and was seeking additional equity and debt. M...
Long Covid medical costs average $9,500 in first six month: study
Joos Mind | Photodisc | Getty Images Long Covid results in $9,500 of total average medical costs for workers and their employers in the six months following a diagnosis, according to a study by Nomi H...
Getting More Exercise—‘The More Exercise The Better’—Cuts Risk Of Severe Covid, Study Finds
Topline Getting more exercise can help cut the risk of severe Covid-19, hospitalization and death, according to a study published Thursday in the American Journal of Preventive Medicine, which suggest...
Pfizer to Sell Paxlovid in China as Covid Cases Surge
(Bloomberg) — Pfizer Inc. cemented a deal first announced in March to sell its antiviral medication Paxlovid in China through a state-owned company, adding to supply of Covid treatments in the c...
Elton John And Bad Bunny Were 2022’s Most Popular Touring Acts
Topline Elton John was the most in-demand touring act of 2022 in terms of ticket sales, online ticket marketplace StubHub announced Wednesday, days after trade publication Pollstar reported Bad Bunny ...
Global Covid Death Toll May Be Nearly Three Times Higher—15 Million—Than Official Records, WHO Says
Topline The Covid-19 pandemic may have claimed nearly 15 million around the world in 2020 and 2021, according to World Health Organization estimates published in Nature on Wednesday, almost three time...
TUI Shares Slump 8% Despite Return To Profit. Here’s What The Analysts Say
Photo: Alex Kraus/Bloomberg © 2021 Bloomberg Finance LP The TUI share price sank on Wednesday following the release of full-year trading numbers. Closing at 135.5p per share it was down 8% on the prev...
Long Covid Has Claimed At Least 3,500 In The U.S. So Far, CDC Report Says
Topline Long Covid has been linked to at least 3,544 deaths in the United States so far, according to a report released by the Centers for Disease Control and Prevention, which places a spotlight on t...
China Scales Back Reporting Of Daily Covid Numbers As Infections Rise In Major Cities
Topline China’s health officials on Wednesday announced that going forward the country’s daily Covid-19 case numbers will leave out people with asymptomatic infections—a group that made up a large maj...
China’s Covid Protests Highlight The Grievances Of Its Angst Generation
People display blank sheets of paper as a means of protesting against China’s harsh Covid … [+] restrictions in Shanghai. HECTOR RETAMAL/AFP via Getty Images Chinese President Xi Jinping h...
China Stocks Climb Again; Investors See More Benefits Than Risk In Covid Policy Shift
Hope among stock investors for improved economic growth in China has helped to lift the fortune of … [+] the country’s third-richest man, Tencent Holdings CEO Ma Huateng, by $11 billion si...
China GDP Poised To Outperform World Average In 2023 – PwC
A woman has her routine COVID-19 throat swab at a testing site despite authorities starting to ease … [+] some of the anti-virus controls in Beijing on Dec. 8. China is the last major country st...
Affordable Housing Depends On Small Businesses
For dense housing to be appealing, third places to work and socialize are essential. getty For years my pitch on cities was all about compact communities and third places. You don’t need a big house, ...
Alibaba Stock Jumps As China Eases Covid Rules
China stocks jumped Thursday as the nation’s government officials curtailed many of its zero-Covid controls that stalled the world’s second-largest economy. Alibaba (BABA) stock, as well a...