Vaccine makers move quickly against new omicron Covid variant, testing already under way

The world’s major manufacturers of Covid-19 vaccines said Friday that they are working to quickly investigate and adapt their shots to a new and highly mutated strain of the virus. The World Health Organization on Friday said the new strain, named omicron, is a “variant of concern” that may pose a higher risk of reinfection … Read more

The EU is planning a 9-month expiration date on its Covid vaccine passports

QR code with EU COVID digital certificate displayed on a mobile phone. NurPhoto | NurPhoto | Getty Images The European Union is considering a nine-month expiration date on its Covid-19 vaccine certificates, which allow tourists certain freedoms to travel while the coronavirus pandemic still rages. The European Commission, the executive arm of the EU, proposed … Read more

State officials from California to Maine are already giving out Covid boosters to all adults

Safeway pharmacist Shahrzad Khoobyari (R) administers a Pfizer COVID-19 booster vaccination into the arm of Chen Knifsend at a vaccination booster shot clinic on October 01, 2021 in San Rafael, California. Justin Sullivan | Getty Images State officials from California to Maine are telling or allowing their adult residents to get a Covid-19 vaccine booster, … Read more

Austrian police conduct random checks to enforce Covid lockdowns for the unvaccinated

Police officers monitor compliance with the lockdown in Innsbruck during the first day of a nationwide lockdown for people not yet vaccinated against the Covid-19. Jan Hetfleisch | Getty Images Austria has imposed fresh lockdown measures on around 2 million unvaccinated people, with individuals facing fines if they fail to comply with the rules. Those … Read more

Why GE and J&J may not be the only iconic companies about to break up

As iconic companies including GE and Johnson & Johnson pursue breakup plans, the “sum of the parts if greater than the whole” argument is getting a new workout from the market. nicodemos | E+ | Getty Images Everywhere you look in the market, across sectors, iconic companies are under pressure from activists to split up, … Read more

Stocks making the biggest moves midday: Tesla, Lordstown Motors, Warby Parker and more

The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care giant rose 1.7% after Johnson & Johnson … Read more

Johnson & Johnson plans to split into two companies

Johnson & Johnson said on Friday that it is planning to break up into two companies, splitting off its consumer health division that sells Band-Aids and Baby Powder from its large pharmaceuticals unit. The healthcare company will separate its consumer health business into a new publicly traded company and is aiming to complete the planned … Read more

Covid vaccine boosters are now available. Here’s who’s eligible for Pfizer, Moderna and J&J’s shots

A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson‘s … Read more

Stocks making the biggest moves in the premarket: Procter & Gamble, Johnson & Johnson, Travelers and more

Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation costs, however, and its shares … Read more

Scientists question FDA on ‘scant’ J&J booster data and speedy review

Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images Members of the Food and Drug Administration’s key advisory committee on vaccines criticized the speed with which the agency was reviewing Johnson & Johnson’s Covid booster trials as well as the lack of verified data presented … Read more