Business

Biotech firm Novavax said Thursday that its coronavirus vaccine was more than 89% effective in protecting against Covid-19 in its phase three clinical trial conducted in the United Kingdom. The results were based on 62 confirmed Covid-19 infections among the trial’s 15,000 participants. The company said 56 cases were observed in the placebo group versus 6
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The U.S. Department of Health and Human Services building in Washington. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images Federal officials at the Department of Health and Human Services raided funds from a little-known agency intended for vaccine research and emergency preparedness, spending millions to move furniture and pay unrelated salaries, according to a
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Starbucks Chief Operating Officer Rosalind Brewer will replace Stefano Pessina as CEO of Walgreens, according to The Wall Street Journal. Starbucks announced Brewer’s departure earlier Tuesday, saying she was leaving at the end of February for a CEO position at an undisclosed publicly traded company. Officials from Walgreens weren’t immediately available to comment, on the
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Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks is expected to report its fiscal first-quarter earnings after the bell Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 55 cents expected Revenue: $6.93 billion expected At the coffee giant’s investor day in December, CFO Pat Grismer reiterated the company’s
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As the Covid vaccine rollout gains steam nationwide, restaurants are weighing options to encourage workers to get the vaccine. Foodservice workers are recommended in phase 1(c) of the Centers for Disease Control and Prevention’s lists of who should be vaccinated when supply is limited, falling just behind high-risk health-care workers, the elderly and frontline essential
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Los Angeles, January 25, 2021 –  Lisa Poggi and Don Anderson, producers of the critically acclaimed documentary Brothers in Arms, and former News Corp. executive Marty Pompadur have joined together with industry colleagues to launch a GoFundMe campaign in support of Emmy-winning producer Anton Maillie and his battle with the terrible disease ALS, along with sole caregiver
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When you are called for greatness, you answer. When you answer, you do so with intent, conviction, confidence, and integrity. These are the four characteristics that became a way of thinking and operating for the Author of Wealth, Power, Respect and owner of ML Production LLC, Michael Stemley. From showing people how to leverage their spending power through financial literacy to helping independent artists understand the importance of self-management and
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Passengers arrive on a flight from London amid new restrictions to prevent the spread of coronavirus disease (COVID-19) at JFK International Airport in New York, December 21, 2020. Eduardo Munoz | Reuters President Joe Biden banned most non-U.S. citizens traveling from South Africa from entering the U.S. and extended travel restrictions for Europe, the U.K.
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Volunteers in protective suits disinfect in a residential area of Tonghua, China on January 24, 2021. Visual China Group | Getty Images BEIJING — One small Chinese city’s rush to control the coronavirus has left some residents without food, and some officials without jobs. The fallout shows the extreme lengths to which local Chinese authorities
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Rising coronavirus infection rates, and the accompanying wave of lockdowns across Europe, should prompt managers to spend more time considering their employees’ mental health, according to the CEO of staffing group Adecco.  “Especially with … the second wave of lockdowns coming in, we need more emotionally intelligent leaders, because we see that many people are
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A healthcare worker wears personal protective equipment (PPE) during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020. Angus Mordant | Bloomberg | Getty Images United Airlines‘ CEO wants to make Covid-19 vaccines mandatory for its employees and is encouraging other companies
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TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Biden has proposed raising the federal hourly minimum wage from $7.25 to $15 and eliminating tip credits, a change that would primarily affect the
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Belk department store John Greim | LightRocket | Getty Images KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep it out of bankruptcy, according to a Wall Street Journal report. The company, its lenders and the private-equity firm Sycamore Partners are inching closer toward
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“Operation Christmas Gift” Allowed Families in Need to Receive a Little Extra Help This Year LAGUNA NIGUEL, CA, UNITED STATES, December 25, 2020 — The year 2020 has been a struggle for many families and now that we are in the holiday season, Christmas shopping has been incredibly stressful or even non-existent due to the effects
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Manna Kadar is the self-made, self-funded minority mom-preneur behind the fast-growing Manna Kadar Beauty family of brands, including Beauty and the Bump, Manna Kadar Beauty, Goddess by Manna Kadar, Haute Dog Luxury Pet Products, Mason Man Skincare, and Manna Kadar Luxe Bath and Body. The creator of the “7 Minute Face,” Kadar’s three-step, award-winning Beauty
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