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Tesla agreed to pay $1.5 million to settle claims it cut battery capacity to 1,743 vehicles in 2019. "If we are wrong, we are wrong," Musk said on Friday. The agreement included payments of $625 each to the owners of 1,743 Model S vehicles that temporarily had their maximum charging capacity reduced. Software updates in May 2020 restored much of the charging capacity, court filings said. A hearing on the settlement agreement was scheduled for December 9 with Judge Beth Labson Freeman.
Persons: Elon Musk, Tesla, Musk, David Rasmussen, Beth Labson Freeman Organizations: Service, Twitter, Court, Wednesday, Software Locations: San Francisco
For most countries, the spike in Covid-19 cases playing out in China would register as little more than a blip on the chart. Infections have now been recorded in five different provinces including Beijing, and local health authorities have identified the strain as the delta variant. Residents queue to receive Covid tests Nanjing, China on July 21. Others believe the Chinese vaccines have shown good protection against severe disease. Medical workers at a temporary laboratory used for Covid testing in Nanjing, China on Wednesday.
Organizations: Nanjing Lukou International, NBC, United, Johns Hopkins University, Central Commission, Chinese Communist Party, AFP, Getty, Sinopharm, Wednesday Locations: China, Nanjing, Shanghai, Russia, Beijing, Xinhua, Wuhan, United States, Hebei province, Indonesian, Chile, West
Philippines' Hidilyn Diaz wins the gold medal in the women's 55kg weightlifting competition during the Tokyo 2020 Olympic Games on July 26, 2021. Vincenzo Pinto | AFP | Getty ImagesTwo years before Philippine weightlifter Hidilyn Diaz won the country's first ever Olympic gold medal, she was swept up in an alleged "plot" against President Rodrigo Duterte. Three days later, the spokesman said Diaz, who was then preparing for the Tokyo Olympics, was not part of the alleged plot against Duterte. Gold is gold. Panelo said then that Duterte had received "intelligence information" about the alleged plot and "validated" the diagram, according to the Philippine News Agency.
Persons: Hidilyn Diaz, Vincenzo Pinto, Rodrigo Duterte, Diaz, Salvador Panelo, Duterte, Panelo, Duterte's, , Noel Celis Organizations: AFP, Getty, Tokyo Games, Duterte's, Tokyo, Duterte, CNBC, Wednesday, newswire Philippine News Agency, ABS, CBN, Philippine News Agency Locations: Philippines, Tokyo, Philippine, Manila
U.S. IPO market hits oversupply problem
  + stars: | 2021-07-30 | by ( Richard Beales | ) www.reuters.com + 0.00   time to read: +3 min
Other initial public offerings did better, but investors can afford to be choosy. Robinhood, valued at $32 billion at its IPO price, fell 8% on its Thursday debut. Still, underwriters try to price shares leaving room for early gains. Snapping up newly public shares is no longer a no-brainer. - Dole on July 28 slashed the indicative price range for its initial public offering.
Persons: plexiglass, Andrew Kelly NEW, Dole, That’s, , Lauren Silva Laughlin, Marjorie Backman Organizations: New York Stock Exchange, REUTERS, Andrew Kelly NEW YORK, Reuters, Clarios, underwriters, Wednesday, Brookfield Asset Management, Renaissance, French Locations: New York City, U.S, Brookfield, Beijing, China
A soft $62 billion U.S. 7-year note auction also pushed Treasury prices lower, lifting yields. Treasury yields initially fell after the release of softer-than-forecast U.S. economic data, but came back up. It's the worst 7-year auction in four months." In early afternoon trading, the U.S. 10-year Treasury yield was up a little at 1.265% from 1.263% late on Wednesday. Post-auction, U.S. 7-year note yields were slightly higher at 1.024%, from Wednesday's 1.02%.
Persons: Gertrude Chavez, Dreyfuss, James Bentley, Jim Vogel, David Gregorio Organizations: YORK, Treasury, Financial, Dow, FHN, Securities Locations: U.S, ., Wednesday's, New York
EMERGING MARKETS-Brazil's real jumps 1% as Fed dents dollar
  + stars: | 2021-07-29 | by ( Susan Mathew | ) www.reuters.com + 0.00   time to read: +3 min
{FRX/} Brazil's real hit two-week highs. The number of COVID-19 infections in Brazil is approaching 20 million, while the death toll is above 550,000. He reassured investors there was "not the remotest" plan to nationalize the mining industry but said he would seek "a new pact" with private investors. Rising oil prices backed currencies of crude exporters, with Mexico's peso hitting two-week highs and Colombia's currency jumping 1%. Among regional shares, Brazil's Bovespa lagged as brewer Ambev and iron ore miner Vale dropped after results.
Persons: Susan Mathew, Jerome Powell, Alexandra Bechtel, Pedro Castillo, Castillo, Ambev, Vale Organizations: Federal, Commerzbank, Wednesday, Brazil's, IPC, Mexico IPC, Argentina MerVal 66742.66, Chile Locations: United States, China, Brazil, Peru, Mexico, Chile, Argentina, Colombia, Bengaluru
Dollar's post-Fed fall to one-month low lifts other currencies
  + stars: | 2021-07-29 | by ( Sujata Rao | ) www.reuters.com + 0.00   time to read: +3 min
U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. By 1115 GMT, the dollar inched 0.2% lower against a currency basket at 92.05, down for the fourth straight day. He said it appeared likely the Fed would commence tapering around year-end with rate rises starting in 2023. We will go back to where we were when people get more relaxed on the regulatory outlook," he added. Global COVID-19 cases remain a concern for investors, although the safe-haven Japanese yen and Swiss franc were both lower on Thursday , .
Persons: Dado Ruvic, Jerome Powell's, Peter Kinsella, Mr Powell, Kinsella, Sujata Rao, Kim Coghill, Mike Harrison Organizations: REUTERS, U.S, Federal Reserve, Treasury, New, Sterling, China's Securities, Regulatory, Wednesday, Reuters, Swiss, Thomson Locations: U.S, New Zealand, Sydney, China
Duolingo Allows Employees to Sell a Portion of Their Shares Early
  + stars: | 2021-07-29 | by ( Nina Trentmann | ) www.wsj.com + 0.00   time to read: +4 min
Language-learning platform Duolingo Inc. joined a group of companies that have allowed their employees to sell a portion of their shares soon after going public, easing the typical six-month lockup, its finance chief said. They will also be allowed to sell shares toward the end of the 180 days, he said. PREVIEW“We wanted to give employees the chance to benefit financially early after the IPO,” Mr. Skaruppa said. Mr. Skaruppa, who became CFO in February 2020, currently owns 114,811 shares alongside stock options, the company said in its filing. He won’t be able to sell stock early as easily as other employees, according to the filing.
Persons: Duolingo, Matt Skaruppa, Mr, Skaruppa, Robinhood, Jeffrey Cohen, Linklaters, Cohen, Lockups, , won’t, Nina Trentmann Organizations: Inc, Nasdaq, Snowflake Inc, Airbnb Inc, Linklaters LLP Locations: Pittsburgh, Wednesday’s, U.S
read more"Yes, we did buy a car rental company, but it won't be a car rental company probably in 5 to 10 years' time. 1/2 The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir Read MoreFirst-half operating profit before special items reached 11.4 billion euros, above the previous record of 10 billion euros achieved in 2019, before the coronavirus pandemic wreaked havoc on the global economy. Porsche SE (PSHG_p.DE), Volkswagen's largest shareholder with a 31.4% stake, also raised it financial outlook following the carmaker's results, forecasting profit after tax of 3.4-4.9 billion euros in 2021. Volkswagen Chief Financial Officer Arno Antlitz said the new outlook roughly corresponded to a 10% increase.
Persons: Herbert Diess, Tesla, Diess, hadn't, Francois Lenoir, Arno Antlitz, Christoph Steitz, Jan Schwartz, Tomasz Janowski, Mark Potter Organizations: VW, Wednesday, FRANKFURT, Volkswagen, REUTERS, Francois Lenoir Read, Porsche, Daimler, BMW, GM, Thomson Locations: Brussels, Belgium
Major tech companies recently said employees must get vaccinated before returning to the office. Office reopening plan: 50% capacity by early September, full capacity by October. Office reopening target: January 2022, with employees returning two to three days per week under a hybrid plan. January 2022, with employees returning two to three days per week under a hybrid plan. Office reopening target: September 7 at the earliest for return to the office without health restrictions .
Persons: Lori Goler, Sundar Pichai, Uber, Tom Dotan, Lyft, DoorDash, – –, Insider's Ashley Stewart, Kurt DelBene, who's Organizations: Facebook, Google, Service, Adobe, VMware, Reuters, Netflix, Labor, Wednesday, Amazon Vaccines, Corporate, Amazon, Employees, COVID, Microsoft Locations: Seattle, NYC, Denver, Los Angeles, San Francisco, Asia, Pacific
China's new ambassador arrives in U.S. with words of optimism
  + stars: | 2021-07-29 | by ( Michael Martina | ) www.reuters.com + 0.00   time to read: +3 min
REUTERS/Hyungwon Kang/File PhotoWASHINGTON, July 28 (Reuters) - China's new ambassador to Washington, Qin Gang, on Wednesday wished the United States victory against COVID-19 and said great potential awaited bilateral relations, striking an optimistic tone as he arrived at his new post amid deeply strained ties. Qin, who did two stints as a Chinese Foreign Ministry spokesman between 2006 and 2014, has earned a reputation for often pointed public defenses of his country's positions. China's Foreign Ministry has recently signaled there could be preconditions for the United States on which any kind of cooperation would be contingent, a stance some analysts say leaves dim prospects for improved ties. The post of the U.S. ambassador to China has been vacant since October, when Republican Terry Branstad stepped down to help with Trump's reelection campaign. With many U.S. ambassador posts to allied countries still unfilled, Biden has yet to nominate a replacement for China, though former ambassador to NATO Nicholas Burns is considered a favorite candidate in foreign policy circles.
Persons: Hu Jintao's, Hyungwon Kang, Qin Gang, Wendy Sherman, Cui Tiankai, Qin, Joe Biden's, Donald Trump, Biden, Terry Branstad, NATO Nicholas Burns, Michael Martina, Leslie Adler Organizations: Capitol, REUTERS, WASHINGTON, Qin, Wednesday, COVID, China's, Foreign Ministry, Ministry, NATO, Thomson Locations: Republic of China, U.S, Pennsylvania, Washington, United States, Tianjin, China, Beijing
German cycling sports director sent home after racist remarks
  + stars: | 2021-07-29 | by ( Karolos Grohmann | ) www.reuters.com sentiment -1.00   time to read: +2 min
Summary Moster sent homeCycling team leader had called some cyclists 'camel drivers'Moster apologises for his remarks, says he is not a racistTOKYO, July 29 (Reuters) - The sporting director of the German cycling federation has been told to return home from the Tokyo Olympics after making racist remarks during Wednesday's men's Olympic road time trial, the German team said on Thursday. Moster had made the remarks during the road time trial event as he tried to urge on one of Germany's cyclists. Moster apologised later blaming his remarks on 'the heat of the moment' and said he was not a racist. "We continue to be convinced that his public apology yesterday following his racist remarks was genuine," DOSB President Alfons Hoermann said. Fair play, respect and tolerance are non-negotiable for Team D."On German TV broadcaster ARD, commentator Florian Nass was left stunned, describing the comments as "totally wrong".
Persons: Moster, Wednesday's, Patrick Moster, Nikias Arndt, Algeria's Azzedine, Alfons Hoermann, Mr Moster, Florian Nass, Arndt, Karolos Grohmann, Shri Navaratnam Organizations: Cycling, Tokyo, Olympic, German Olympic, Games, UCI, ARD, Thomson Locations: TOKYO, Tokyo, Germany
Speaking to CNBC's "Squawk Box Europe," Pascal Soriot said the company did not have a "precise answer" on whether booster shots would be needed. AstraZeneca is not yet sure whether a third dose of its Covid-19 vaccine will be necessary for continued protection against the virus, the company's CEO told CNBC Thursday. So whether we will need a third booster or not is not clear yet, only time will tell." T-cells are a kind of white blood cell that play different roles in defending the body against an invading virus. Soriot added that the only way to be sure whether booster shots would really be needed was to watch whether the vaccine's efficacy declined over time.
Persons: Pascal Soriot, Soriot, Albert Bourla, CNBC's Organizations: AstraZeneca, CNBC, Wednesday, Pfizer
Treasury yields ebb lower following Fed decision
  + stars: | 2021-07-29 | by ( Vicky Mckeever | ) www.cnbc.com + 0.00   time to read: +2 min
U.S. Treasury yields ebbed lower on Thursday morning, as investors continued to digest the Federal Reserve's latest policy decision. The Fed on Wednesday held its benchmark interest rate near zero, following a two-day policy meeting. The first estimate for U.S. gross domestic product growth in the second quarter is due to be released at 8:30 a.m. As for the core PCE data, Jackson noted that the consensus view had forecast growth of 6.1% in the second quarter, up from 2.5% in the first quarter. "This may convince the Fed to delay tapering for longer than we previously expected," he said.
Persons: Jerome Powell, Gus Faucher, Tiffany Wilding, Wilding, Paul Jackson, Jackson Organizations: Treasury, Fed, Wednesday, PNC, Bloomberg Locations: Covid
Live Covid-19 Updates: Biden to Explain Vaccination Plan for Federal Workers Other authorities around the United States are beginning to put in place similar arrangements as the Delta variant causes case numbers to balloon. But public health officials are hoping that the prospect of extra burdens for the unvaccinated will help persuade more people to get inoculated. extends the Johnson & Johnson vaccine’s shelf life to six months. Administering a shot of the Johnson & Johnson vaccine in Milan on Wednesday. As of Wednesday, more than 13 million Americans had received the one-shot Johnson & Johnson vaccine, according to data from the Centers for Disease Control and Prevention.
Persons: Biden, Joint Base Andrews, Kenny Holston, Andrew M, Cuomo, Karine Jean, Pierre, Johnson, Antonio Calanni, , Andre Penner, Carissa, Etienne, Dr, , Covid, James Hill, Sam Kendricks, United States Bruno Rosetti, Rowing Italy Jean, Julien Rojer, Julien Rojer Netherlands Tennis Netherlands Jon Rahm Spain, Bryson, Finn Florijn, Belgium Simon Geschke, Germany Frederico Morais, Taylor, United States Reshmie, Michal Schlegel, Czech Republic Marketa, Fernanda Aguirre, Ilya Borodin, Amber Hill, Candy Jacobs, Pavel Sirucek, Sammy Solis, Sammy Solis Mexico Baseball Mexico Sonja Vasic, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia Hector Velazquez, Baseball Mexico Kara, Ondrej, Katie Lou Samuelson, Coco Gauff, Dan Craven, Namibia Alex de Minaur, Tennis Australia Dan Evans, Tennis Australia Dan Evans Britain Tennis Britain Johanna Konta, Tennis Britain Milos, Lillian Suwanrumpha, Don, Rienthong Nanna, Yu Young Jin Organizations: Federal Workers, Joint Base, The New York Times, White, Gov, New, Veterans Affairs Department, Wednesday, Associated, Drug Administration, Johnson, Pfizer, BioNTech, Moderna, Centers for Disease Control, Credit, Health, Pan American Health Organization, Yokohama Baseball, Olympic, U.S, Paralympic, New York Times, coronavirus, Sam Kendricks United States, United, Rowing Italy, Julien Rojer Netherlands Tennis, Bryson DeChambeau United States Golf United, Belgium, Germany, Surfing, Taylor Crabb United, Beach, Czech Republic Beach, Fernanda Aguirre Chile, Russian, Sammy Solis Mexico Baseball Mexico, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia, Baseball, United States Gymnastics United, Coco Gauff United States Tennis, South Africa Soccer, South Africa Soccer South Africa, Tennis Australia, Tennis Australia Dan Evans Britain Tennis Britain, Tennis Britain, Tennis Britain Milos Vasic, Tennis Britain Milos Vasic Serbia Rowing Serbia, Don Mueang International, ., Agence France, Getty, Mongkutwattana, Locations: United States, Lower Macungie Township, Pa . Credit, New York, New York City, California, Milan, America, Sao Paulo, Brazil, Caribbean, Mexico, Americas, Covid, Argentina, Colombia, Cuba, Ecuador, Paraguay, Canada, Chile, Uruguay, Haiti, Tokyo, Japanese, Japan, Julien Rojer Netherlands, Julien Rojer Netherlands Tennis Netherlands, Finn Florijn Netherlands, Netherlands, Belgium, Belgium Simon Geschke Germany, Czech Republic, Czech, Ilya Borodin Russian, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia, Baseball Mexico, Coco Gauff United States Tennis United, South Africa Soccer South, Dan Craven Namibia, Namibia, Tennis Australia Dan Evans Britain, Tennis Britain Milos Vasic Serbia, Thailand, Bangkok, Cambodia, Thai
Pfizer says its shot protection wanes after 6 months
  + stars: | 2021-07-29 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com sentiment -0.99   time to read: +1 min
I'm Lydia Ramsey Pflanzer, and today in healthcare news:If you're new to this newsletter, sign up here. The pharma giant said protection against mild illness started to wane after about six months. The vaccine's protection against severe disease has held up, even against the Delta variant. Alain Jocard/AFP/Getty ImagesUntil Tuesday, the CDC maintained that fully vaccinated people did not need to get tested for COVID-19, unless they developed symptoms. But, new data shows vaccinated people may be able to transmit the Delta variant just as well as the unvaccinated.
Persons: I'm Lydia Ramsey Pflanzer, Let's, Justin Tallis, Alain Jocard, who's, Amir Cohen, Lydia Organizations: Insider Healthcare, Getty, Pfizer, Wednesday, pharma, CDC, Reuters Locations: AFP, Israel
The development, reported earlier by The Wall Street Journal, is welcome news for Johnson & Johnson. extends the Johnson & Johnson vaccine’s shelf life to six months. Administering a shot of the Johnson & Johnson vaccine in Milan on Wednesday. As of Wednesday, more than 13 million Americans had received the one-shot Johnson & Johnson vaccine, according to data from the Centers for Disease Control and Prevention. Name Sport Country Sam Kendricks United States Track and field United States Bruno Rosetti Italy Rowing Italy Jean-Julien Rojer Netherlands Tennis Netherlands Jon Rahm Spain Golf Spain Bryson DeChambeau United States Golf United States Finn Florijn Netherlands Rowing Netherlands Jelle Geens Belgium Triathlon Belgium Simon Geschke Germany Road cycling Germany Frederico Morais Portugal Surfing Portugal Taylor Crabb United States Beach volleyball United States Reshmie Oogink Netherlands Taekwondo Netherlands Michal Schlegel Czech Republic Road cycling Czech Republic Marketa Slukova Czech Republic Beach volleyball Czech Republic Fernanda Aguirre Chile Taekwondo Chile Ilya Borodin Russian Olympic Committee Swimming Russian Olympic Committee Amber Hill Britain Shooting Britain Candy Jacobs Netherlands Skateboarding Netherlands Pavel Sirucek Czech Republic Table tennis Czech Republic Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia Hector Velazquez Mexico Baseball Mexico Kara Eaker United States Gymnastics United States Ondrej Perusic Czech Republic Beach volleyball Czech Republic Katie Lou Samuelson United States Three-on-three basketball United States Coco Gauff United States Tennis United States Kamohelo Mahlatsi South Africa Soccer South Africa Thabiso Monyane South Africa Soccer South Africa Dan Craven Namibia Road cycling Namibia Alex de Minaur Australia Tennis Australia Dan Evans Britain Tennis Britain Johanna Konta Britain Tennis Britain Milos Vasic Serbia Rowing Serbia Show all Show fewerDisney World in Florida and Disneyland in California will require masks indoors again.
Persons: Biden, John Moore, Brett M, Kavanaugh, Jen Psaki, Mr, Biden “, Kamala Harris, Psaki, , Trump, Joint Base Andrews, Kenny Holston, Andrew M, Cuomo, Karine Jean, Pierre, Raymond Roig, Ursula von der Leyen, ” Andrea Ammon, Emmanuel Macron, , it’s, Heidi Larson, Vittoria Colliza, Colliza, Scott McIntyre, The New York Times MIAMI —, Louis County, Eric Schmitt, Johnson, Johnson’s, Saul Loeb, ” Robert Kramer, Antonio Calanni, Alessandro Grassani, ” Andrew Pollard, Dr, Pollard, Lillian Suwanrumpha, Don, Rienthong Nanna, Christopher F, Schuetze, Yu Young Jin, Covid, James Hill, Sam Kendricks, United States Bruno Rosetti, Rowing Italy Jean, Julien Rojer, Julien Rojer Netherlands Tennis Netherlands Jon Rahm Spain, Bryson, Finn Florijn, Belgium Simon Geschke, Germany Frederico Morais, Taylor, United States Reshmie, Michal Schlegel, Czech Republic Marketa, Fernanda Aguirre, Ilya Borodin, Amber Hill, Candy Jacobs, Pavel Sirucek, Sammy Solis, Sammy Solis Mexico Baseball Mexico Sonja Vasic, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia Hector Velazquez, Baseball Mexico Kara, Ondrej, Katie Lou Samuelson, Coco Gauff, Dan Craven, Namibia Alex de Minaur, Tennis Australia Dan Evans, Tennis Australia Dan Evans Britain Tennis Britain Johanna Konta, Tennis Britain Milos, John Raoux, Jerry L, Demings, Ron DeSantis, , DeSantis, ’ ”, Gavin Newsom, Newsom, Apple, Leon Neal, Beaune, Duterte, Rodrigo Duterte, Sta, who’ve, , Edre Olalia, Olalia, ” Mr Organizations: Supreme, Getty, White, Centers for Disease Control, Treasury Department, White House, National Apartment Association, Joint Base, The New York Times, Gov, New, Veterans Affairs Department, Agence France, European Union, European Commission, , European Center for Disease Prevention, The New York Times MIAMI, for Disease Control, Republican, Louis County Council, Food and Drug Administration, Credit, Johnson, Emergent, Wall Street, United, Pfizer, BioNTech, Moderna, Wednesday, Associated, Drug Administration, AstraZeneca, Oxford University . Credit, The New York Times AstraZeneca, Oxford University, U.S . Food, BBC, Global, Thailand, Don Mueang International, ., Mongkutwattana, , New York Times, Yokohama Baseball, Olympic, U.S, Paralympic, coronavirus, Sam Kendricks United States, Rowing Italy, Julien Rojer Netherlands Tennis, Bryson DeChambeau United States Golf United, Belgium, Germany, Surfing, Taylor Crabb United, Beach, Czech Republic Beach, Fernanda Aguirre Chile, Russian, Sammy Solis Mexico Baseball Mexico, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia, Baseball, United States Gymnastics United, Coco Gauff United States Tennis, South Africa Soccer, South Africa Soccer South Africa, Tennis Australia, Tennis Australia Dan Evans Britain Tennis Britain, Tennis Britain, Tennis Britain Milos Vasic, Tennis Britain Milos Vasic Serbia Rowing Serbia, Disney, Twitter, American Legislative Exchange Council, Associated Press, Miami, Democrat, Airport, Sta Rosa, National Union of Peoples ’ Lawyers Locations: Maricopa County, Phoenix, Lower Macungie Township, Pa . Credit, New York, New York City, California, United States, Perpignan, France, E.U, Britain, Israel, European Union, Netherlands, Portugal, Spain, Italy, London, Paris, Inserm, Miami, Broward County, Fla, Missouri, St, Louis, Louis County, Baltimore, AstraZeneca’s, Europe, Milan, Africa, Australia, Canada, Denmark, South Africa, U.S, Bangkok, Thailand, Cambodia, Thai, Germany, Greece, Tokyo, Japanese, Japan, Julien Rojer Netherlands, Julien Rojer Netherlands Tennis Netherlands, Finn Florijn Netherlands, Belgium, Belgium Simon Geschke Germany, Czech Republic, Czech, Ilya Borodin Russian, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia, Baseball Mexico, Coco Gauff United States Tennis United, South Africa Soccer South, Dan Craven Namibia, Namibia, Tennis Australia Dan Evans Britain, Tennis Britain Milos Vasic Serbia, Florida, Orange County, Salt Lake City, Dade County, Beaune, Réunion, Martinique, Philippines, Manila, MANILA, , Davao, Southeast Asia, Indonesia
The development, reported earlier by The Wall Street Journal, is welcome news for Johnson & Johnson. In a statement, Johnson & Johnson said it is continuing to work toward that F.D.A. It remains unclear whether the federal government would deploy additional Johnson & Johnson doses at home, export them or both. Administering a shot of the Johnson & Johnson vaccine in Milan on Wednesday. As of Wednesday, more than 13 million Americans had received the one-shot Johnson & Johnson vaccine, according to data from the Centers for Disease Control and Prevention.
Persons: Biden, Kenny Holston, Mr, Andrew M, Cuomo, Karine Jean, Pierre, Rebecca Robbins, Dan Levin, Annie Karni, John Moore, , Brett M, Kavanaugh, Biden’s, Jen Psaki, Biden “, , , Sen, Patrick J . Toomey, Ms, Psaki, Bill de Blasio, Desiree Rios, The New York Times WASHINGTON —, de Blasio, Elisa Sobo, ” Rebecca Robbins, Sharon Otterman, Raymond Roig, Ursula von der Leyen, ” Andrea Ammon, Emmanuel Macron, it’s, Heidi Larson, Vittoria Colliza, Colliza, Johnson, Johnson’s, Saul Loeb, ” Robert Kramer, Antonio Calanni, Jack Guez, Naftali Bennett, Isaac Herzog, Bennett, Israel, Gadi Segal, Kan, Segal, ” Israel, Sharon LaFraniere, Carl Zimmer, Alessandro Grassani, ” Andrew Pollard, Dr, Pollard, Lillian Suwanrumpha, Don, Rienthong Nanna, Christopher F, Schuetze, Yu Young Jin, James Hill, Sam Kendricks, United States Bruno Rosetti, Rowing Italy Jean, Julien Rojer, Julien Rojer Netherlands Tennis Netherlands Jon Rahm Spain, Bryson, Finn Florijn, Belgium Simon Geschke, Germany Frederico Morais, Taylor, United States Reshmie, Michal Schlegel, Czech Republic Marketa, Fernanda Aguirre, Ilya Borodin, Amber Hill, Candy Jacobs, Pavel Sirucek, Sammy Solis, Sammy Solis Mexico Baseball Mexico Sonja Vasic, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia Hector Velazquez, Baseball Mexico Kara, Ondrej, Katie Lou Samuelson, Coco Gauff, Dan Craven, Namibia Alex de Minaur, Tennis Australia Dan Evans, Tennis Australia Dan Evans Britain Tennis Britain Johanna Konta, Tennis Britain Milos, John Raoux, Jerry L, Demings, Ron DeSantis, , DeSantis, ’ ”, Gavin Newsom, Newsom, Apple, Leon Neal, Beaune, Rodrigo Duterte, Sta, Duterte, who’ve, Edre Olalia, Olalia, ” Mr Organizations: Say Federal, Defense Department, The New York Times, Food and Drug Administration, Mr, Gov, New, North Carolina Department of Health, Human Services, Department of Veterans Affairs, White, Supreme, Getty, Democratic, Centers for Disease Control, Treasury Department, New York City, Credit, The New York Times WASHINGTON, Internal Revenue Service, Department of Health, San Diego State University, Treasury, European, Agence France, European Union, European Commission, , European Center for Disease Prevention, Johnson, Emergent, Wall Street, United, Pfizer, BioNTech, Moderna, Wednesday, Associated, Drug Administration, Tel Aviv . Israel, Sheba Medical, West Bank, Fourth Geneva Convention, Palestinian Authority, AstraZeneca, Oxford University . Credit, The New York Times AstraZeneca, Oxford University, U.S . Food, BBC, Global, Thailand, Don Mueang International, ., Mongkutwattana, , New York Times, Yokohama Baseball, Olympic, U.S, Paralympic, coronavirus, Sam Kendricks United States, Rowing Italy, Julien Rojer Netherlands Tennis, Bryson DeChambeau United States Golf United, Belgium, Germany, Surfing, Taylor Crabb United, Beach, Czech Republic Beach, Fernanda Aguirre Chile, Russian, Sammy Solis Mexico Baseball Mexico, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia Basketball Serbia, Baseball, United States Gymnastics United, Coco Gauff United States Tennis, South Africa Soccer, South Africa Soccer South Africa, Tennis Australia, Tennis Australia Dan Evans Britain Tennis Britain, Tennis Britain, Tennis Britain Milos Vasic, Tennis Britain Milos Vasic Serbia Rowing Serbia, Disney, Twitter, Republican, American Legislative Exchange Council, Miami, Democrat, Airport, Sta Rosa, National Union of Peoples ’ Lawyers Locations: New York, New York City, California, Maricopa County, Phoenix, Pennsylvania, New, United States, Perpignan, France, E.U, Britain, Israel, European Union, Netherlands, Portugal, Spain, Italy, London, Paris, Inserm, Baltimore, AstraZeneca’s, Europe, Milan, Tel Aviv, JERUSALEM, Covid, Gaza, Oslo, South Korea, Africa, Australia, Canada, Denmark, South Africa, U.S, Bangkok, Thailand, Cambodia, Thai, Germany, Greece, Tokyo, Japanese, Japan, Julien Rojer Netherlands, Julien Rojer Netherlands Tennis Netherlands, Finn Florijn Netherlands, Belgium, Belgium Simon Geschke Germany, Czech Republic, Czech, Ilya Borodin Russian, Sammy Solis Mexico Baseball Mexico Sonja Vasic Serbia, Baseball Mexico, Coco Gauff United States Tennis United, South Africa Soccer South, Dan Craven Namibia, Namibia, Tennis Australia Dan Evans Britain, Tennis Britain Milos Vasic Serbia, Florida, Orange County, Fla, Salt Lake City, Dade County, Beaune, Réunion, Martinique, Philippines, Manila, MANILA, , Davao, Southeast Asia, Indonesia
The pace of GDP growth reported by the Commerce Department on Thursday was, however, slower than economists had expected. The economy grew at a 6.3% rate in the first quarter, revised down from the previously reported 6.4% pace. Economists polled by Reuters had forecast GDP rising at an 8.5% rate last quarter. Inventories contracted at a rate of $165.9 billion, slicing 1.13 percentage points from GDP growth. Trade, housing and government spending were also drags on GDP growth last quarter.
Persons: Scott Hoyt, Chris Rupkey, Caitlin Ochs, Jerome Powell, Joe Biden's, Ellen Zentner, Morgan Stanley, Lucia Mutikani, Dan Burns, Andrea Ricci Organizations: COVID, Commerce Department, Reuters, National Bureau of Economic Research, Monetary Fund, REUTERS, Federal, Fed, Wednesday, Treasury, Labor Department, Thomson Locations: WASHINGTON, U.S, West Chester , Pennsylvania, China, Asia, New York, United States, Manhattan, New York City
Qualcomm total revenues rose 63% to nearly $8 billion, boosted by soaring sales of chips for connected devices that hit $1.4 billion. Huawei's flagship models did not use Qualcomm chips but its rivals, who are now snapping up market share, mostly do. Qualcomm has boosted sales of other chips, such as radio-frequency chips that augment its 5G phone chips and whose sales have doubled in the past year. Qualcomm said on Wednesday it expects sales of those chips to hit $10 billion this fiscal year, up from $6 billion the previous year. That means that phone makers are likely directing any chips that are in short supply toward production of their more profitable 5G devices.
Persons: Cristiano Amon, We're, Amon, Kinngai Chan, Paolo Pescatore, Stephen Nellis, Sonya Hepinstall Organizations: Qualcomm Inc, Apple, Qualcomm, Huawei Technologies Co, Wednesday, Summit, Group, Mobile, Foresight, Thomson Locations: San Diego , California
It is unfortunate that following the election of President Joe Biden, nearly all the current Senate Democrats who signed that letter have decided that the principles they claimed to possess were only situational. There are only two Senate Democrats who have been unequivocal in opposing ending the filibuster and destroying the necessity of bipartisan compromise in Washington: Sen. Kyrsten Sinema of Arizona and Sen. Joe Manchin of West Virginia. The importance of her effort has been made clear as the Senate has worked to pass bipartisan infrastructure legislation rather than pushing through every liberal dream item. Thankfully, instead of backing down like nearly all her colleagues, Sinema has doubled down on her principles, the filibuster included. If Senate Democrats get their way and end the filibuster, that means every single one of their progressive legislative victories could be immediately rescinded by the new GOP majority.
Persons: Donald Trump, Trump, Joe Biden, Sen, Kyrsten, Joe Manchin, Sinema, It’s, , That’s, , Barry Goldwater, John McCain Organizations: GOP, Republicans, White House, Senate, Trump, Democrat, Democrats, Wednesday Republicans, The Washington Post, Washington Democrats, Congress, Democratic, mavericks, U.S . Senate Locations: Washington, Arizona, West Virginia, The Washington, U.S
WASHINGTON — Speaker Nancy Pelosi and Minority Leader Kevin McCarthy traded barbs Wednesday over the return of a mask mandate in the U.S. House and a number of Republicans protested the renewed rules on the floor. Pelosi had repeatedly criticized House Republicans for failing to get enough members vaccinated despite being some of the first Americans with access to the shots. The Senate, however, never had a mask mandate in place, though many senators chose to wear masks inside anyway. Do the masks work or don't work? Earlier this year, Greene compared the House mask mandate to the Holocaust and later apologized after visiting the U.S.
Persons: WASHINGTON, Nancy Pelosi, Kevin McCarthy, Pelosi, McCarthy, Steve Scalise, Brian Monahan, ” Pelosi, ” McCarthy, LaQuandra Nesbitt, ” Monahan, , Chip Roy, Fauci, ” Roy, Roy, Lauren Boebert, Marjorie Taylor Greene, Andy Biggs, Greene Organizations: U.S . House, Republicans, Republican, Capitol, CDC, D.C, of Columbia, of, Centers for Disease Control, Democratic, Wednesday, U.S . Holocaust, Museum Locations: U.S, Washington, United States, Texas, adjourn, Colorado, Georgia, Arizona
Woman unaware she had $39M lottery ticket in purse for weeks
  + stars: | 2021-07-28 | by ( ) www.nbcnews.com sentiment -0.98   time to read: 1 min
BERLIN — Lottery officials say a woman in Germany carried a winning ticket in her purse for weeks without realizing it was worth about 33 million euros or $39 million. Lotto Bayern said Wednesday that the 45-year-old woman was the sole winner of a draw on June 9, having correctly guessed seven fields on a German lottery ticket. It quoted the woman, who wasn’t identified, saying “I still get dizzy at the thought that I carelessly carried almost 33 million euros around in my purse for several weeks.”The mother of one had picked random numbers on the 1.20-euro lottery ticket and doesn’t plan to play again, saying the win was “more than enough for my husband, my daughter and me,” the company quoted her as saying. It said she plans to use her lucky windfall to live a healthy life and do more for the environment.
Persons: wasn’t, , Organizations: BERLIN —, Lotto Bayern, Wednesday Locations: Germany
Rollins Names Interim Finance Chief Amid SEC Probe
  + stars: | 2021-07-28 | by ( Colin Kellaher | ) www.wsj.com sentiment -0.97   time to read: +2 min
Rollins Inc. Wednesday said it has named an interim finance chief amid a continuing investigation by the U.S. Securities and Exchange Commission into the pest-control company’s accounting practices. Newsletter Sign-up CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. PREVIEW Rollins said Julie Bimmerman, who joined its family of brands in 2004 and has been vice president of finance and investor relations since May 2018, will serve as interim chief financial officer and treasurer. In a filing with the SEC on Wednesday, Rollins said that based on its internal investigation to date, it believes its prior financial statements fairly present the company’s financial condition and results of operations. However, Rollins also warned that it can’t predict the outcome of the SEC’s investigation.
Persons: Rollins, Paul Northen, Julie Bimmerman, Colin Kellaher, Dow Jones, 87990cbe856818d5eddac44c7b1cdeb8 Organizations: Rollins Inc, U.S . Securities, Exchange Commission, Atlanta, SEC, Wednesday, Dow Jones & Company, Inc
Signage is seen at the London offices of British American Tobacco, in London, Britain, January 15, 2021. E-cigarette revenue jumped 59% in the six months ended June 30, while it rose 63% and 38% for its Velo and glo tobacco heating products, respectively. The maker of Lucky Strike and Dunhill cigarettes kept its full-year forecast for overall sales growth of more than 5% sales and mid-single digit adjusted EPS growth in constant currency terms. Executives told reporters the group had invested more than 300 million pounds ($416.46 million) in the business which sells cigarette alternatives, and had been "marketing hard." BAT said cigarette sales jumped 5.8% in the first half, helped by higher prices and a resurgence in demand in emerging markets.
Persons: Toby Melville, Lucky, Anna Mitchell, BAT's, Siddharth Cavale, Sriraj Kalluvila, Tomasz Janowski Organizations: Tobacco, REUTERS, WHO, American Tobacco, Wednesday, FTSE, Velo, glo, Dunhill, World Health Organization, BAT, Thomson Locations: London, Britain, United States, Velo, Europe, North Africa, Japan, Bengaluru
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