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Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine

Sat, 2020-07-25 20:29 — mike kraft

On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19.

Vaxart’s shares soared. Company insiders, who weeks earlier had received stock options worth a few million dollars, saw the value of those awards increase sixfold. And a hedge fund that partly controlled the company walked away with more than $200 million in instant profits.

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James Dimon's Warning for the U.S. Economy and uncertainties ahead

Sat, 2020-07-25 20:06 — mike kraft
Jamie Dimon's warning for the U.S. economy — nobody knows what comes next More than four months into the coronavirus pandemic, the financial damage wrought by the outbreak has yet to fully register. Hugh Son CNBC
  • The range of outcomes for the economy in the second half is incredibly wide: JPMorgan Chase sees no fewer than five different paths it can take.
  • The bank has gotten more pessimistic, seeing unemployment in its default “base” scenario hitting nearly 11% by the end of this year, 4.3% worse than when it made the same forecast in April.
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Study says poor diets are a national security threat

Sat, 2020-07-25 13:01 — mike kraft
Poor diets in the US are a national security threat Poor nutrition is the leading cause of US illnesses, creating a growing burden on the nation's economy, exacerbating health disparities and impacting national security, according to a white paper in the American Journal of Clinical Nutrition. Gisela Crespo, CNN CNN
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What's known and not known about the impact of the panedemic on children

Fri, 2020-07-24 19:59 — mike kraft
Here's what COVID-19 does to a child's body As schools prepare to reopen, experts weigh in on whether youth protects against the virus, and how readily kids can spread it to adults. Science
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Business FDA says at least 77 hand sanitizer products may be toxic

Fri, 2020-07-24 17:45 — mike kraft
FDA says at least 77 hand sanitizer products may be toxic Regulators say the brands contain dangerous levels of methanol, which can lead to blindness, hospitalization and even death if consumed. Hamza Shaban Washington Post
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CDC survey indicates even younger Covid-19 victims have prolonged problems.

Fri, 2020-07-24 16:03 — mike kraft
Covid-19 can be a prolonged illness, even for young adults, CDC report says Covid-19 can be a prolonged illness, even among young adults without underlying chronic medical conditions, the US Centers for Disease Control and Prevention reported Friday. Thirty-five percent of those surveyed by the agency said they still weren't back to their usual good health even two to three weeks after testing positive for the disease. Jen Christensen, CNN CNN
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Medical Experts Tell Government: ‘Shut It Down Now, And Start Over’

Fri, 2020-07-24 12:27 — mike kraft
Medical Experts Tell Government: ‘Shut It Down Now, And Start Over’ If new lockdowns aren’t imposed, experts warn, “the consequences will be measured in widespread suffering and death.” Alison Durkee Forbes
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Coronavirus Testing Labs Again Lack Key Supplies

Fri, 2020-07-24 10:55 — mike kraft

Labs across the country are facing backlogs in coronavirus testing thanks in part to a shortage of tiny pieces of tapered plastic.

Researchers need these little disposables, called pipette tips, to quickly and precisely move liquid between vials as they process the tests.

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New CDC Guidelines for Schools

Fri, 2020-07-24 10:31 — mike kraft
Communities, Schools, Workplaces, & Event Cleaning and Disinfecting: Everyday steps, when someone is sick, and considerations for employers. CDC Centers for Disease Control and Prevention

Preparing K-12 School Administrators for a Safe Return to School in Fall 2020

Updated July 23, 2020

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Birx warns of disturbing rise of coronavirus cases in 12 cities

Thu, 2020-07-23 17:49 — mike kraft
Birx warns of disturbing rise of coronavirus cases in 12 cities White House coronavirus task force coordinator Deborah Birx said in a private meeting with local and state health officials that the task force is tracking increases in the virus in 12 U.S. cities. Zack Budryk TheHill
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