DIRS.INFO The most relevant business & tech news

The new House GOP majority returns to elect a speaker after failing on three votes Tuesday. ... Nancy Pelosi reacts to GOP dysfunction: “As one who loves this institution, I think it’s a sad day.” ... And President Biden appears with Senate GOP Leader Mitch McConnell to tout the bipartisan infrastructure law. Andy Beshear) all appear at an event in Kentucky promoting a bridge improvement from the bipartisan infrastructure law. 16: How many years Senate Minority Leader Mitch McConnell has served as Senate GOP leader, making him the longest-serving Senate leader ever, per NBC News’ Frank Thorp. Eyes on 2024: DeSantis takes office amid GOP chaosAs the GOP descended into chaos on Capitol Hill Tuesday, Florida GOP Gov.

☆ FDA Faulted for Working Improperly With Biogen Before Clearing Alzheimer’s Drug
▼ + stars: | 2022-12-29 | by ( Liz Essley Whyte | ) www.wsj.com time to read: 1 min

The U.S. Food and Drug Administration “inappropriately” collaborated with Biogen Inc. before approving its Alzheimer’s treatment Aduhelm in 2021, a new report from House Democrats concluded, as the agency prepares to issue decisions on similar drugs. Biogen internal documents obtained through a congressional investigation also showed that the company expected pushback from patients and payers but priced its drug at $56,000 to maximize profit, the report says.

☆ Premarket stocks: Wall Street's biggest winners and losers in 2022
▼ + stars: | 2022-12-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

The S&P 500 is down nearly 20% and with two trading days left in the year, investors’ hopes of a miraculous recovery have been dashed. The energy sector has so far returned more than 60% this year, significantly outperforming every other S&P 500 sector. Occidental Petroleum has been the biggest gainer of the year in the S&P 500, up 122% year-to-date. The energy sector reported the highest year-over-year earnings growth of all 11 sectors, at 137.3%. Elon Musk’s Tesla (TSLA) is also down about 70%, making the auto tech company the third worst performer this year.

☆ Analysis: Southwest got billions of dollars in taxpayer aid. Why is its service still a mess?
▼ + stars: | 2022-12-28 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

Southwest Airlines received more than $7 billion from that program. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020. Cancelled Southwest Airlines flights are seen on the flight schedules at LaGuardia Airport, Tuesday, Dec. 27, 2022, in New York. In April 2020, airline passenger traffic plummeted 96% and stayed 60% below 2019 levels in 2020, according to the US Government Accountability Office. “The problems at Southwest Airlines over the last several days go beyond weather,” she said in a statement.

"Grateful for the long-overdue release of Brittney Griner today from Russian custody. "Thank you to every single person that kept Brittney Griner’s name alive #WEAREBG," tweeted one of her Phoenix Mercury teammates, Brianna Turner. The Biden administration wasn't able to secure Whelan's release because the Russian government is treating his case differently than Griner's, Biden said. “While we celebrate Brittney’s release, Paul Whelan and his family continue to suffer needlessly,” Blinken said. Share this -Link copiedWho is Viktor Bout, Russian arms dealer that the U.S. exchanged for Brittney Griner?

☆ Brittney Griner live updates: WNBA star released from Russia in a prisoner swap for Viktor Bout
▼ + stars: | 2022-12-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Zoë Richards | ) www.nbcnews.com time to read: +5 min

Biden criticized Russia for “treating Paul’s case differently” than Griner’s and said that negotiations are ongoing. Biden’s administration had sought the release of both Griner and Paul Whelan. Griner’s release also marks a stunning turn of events from last month, when she began serving a nine-year sentence at a Russian penal colony more than 200 miles east of Moscow. The Whalen family has publicly criticized the Biden administration for not doing more to secure his release. People familiar with the negotiations for his release say the Russians refused to release Whelan without getting a Russian spy in return.

☆ Paul Whelan tells CNN he is 'disappointed' that more has not been done to secure his release
▼ + stars: | 2022-12-08 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +9 min

Washington CNN —Detained American Paul Whelan expressed his frustration that more has not been done to secure his release in an exclusive CNN interview hours after another detained American, Brittney Griner, was freed. It was a choice between bringing home one particular American – Brittney Griner – or bringing home none,” a US senior administration official said Thursday morning. Elizabeth Whelan said she believes the Russians wanted to deny Biden a win by releasing both of the American wrongful detainees. Elizabeth Whelan also told CNN that she does not believe her brother knows the extent of the efforts to free him, noting the family has to be careful what they tell him because they assume the Russian authorities are listening. Asked if he thought he would face repercussions for speaking to CNN, Whelan said he didn’t think so.

☆ Hospitals in the US are the fullest they’ve been throughout the pandemic – but it’s not just Covid
▼ + stars: | 2022-12-08 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +2 min

CNN —Hospitals are more full than they’ve been throughout the Covid-19 pandemic, according to a CNN analysis of data from the US Department of Health and Human Services. But as respiratory virus season surges across the US, it’s much more than Covid that’s filling beds this year. More than 80% of hospital beds are in use nationwide, jumping 8 percentage points in the past two weeks. Pediatric hospital beds also have been more full than usual for months. About 76% of pediatric hospital beds are in use, up from an average of about two-thirds full in recent years.

☆ Demand for hospital-grade cribs on the rise as viral illnesses continue to surge
▼ + stars: | 2022-12-05 | by ( Carma Hassan | ) edition.cnn.com time to read: +8 min

Pediatric hospital beds have been more full than usual for months. Corewell Health Helen DeVos Children’s Hospital has brought out both specialized and non-specialized cribs from storage to meet the demand of pediatric patients. Demand at Hard Manufacturing, which makes cribs, bassinets and youth beds for hospitals, has shot up, President Marjorie Bryen said. “At Nemours Children’s Health, these supply challenges are magnified due to pediatric populations needing more specialized equipment to accommodate different stages of growth. “The Administration has exercised regulatory flexibilities to help health care providers and suppliers continue to respond to COVID-19.

☆ Pfizer/BioNTech seek FDA authorization for updated Covid-19 vaccine for youngest kids
▼ + stars: | 2022-12-05 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +2 min

CNN —Pfizer and BioNTech have submitted an application to the US Food and Drug Administration for their updated Covid-19 vaccine to be used as the third shot in the three-dose primary vaccine series for children ages 6 months through 4 years. The vaccine makers announced on Monday that if authorized for emergency use, children in that age group will still receive the original version of the Covid-19 vaccine as their first two doses and then the updated Covid-19 vaccine – formulated to target the coronavirus Omicron subvariants BA.4 and BA.5 – as the third dose. While the primary Covid-19 vaccine series for older children and adults involves receiving two doses of the Pfizer/BioNTech vaccine, a three-dose primary series has been the approach for children younger than 5. “With the high level of respiratory illnesses currently circulating among children under 5 years of age, updated COVID-19 vaccines may help prevent severe illness and hospitalization,” according to the companies’ announcement on Monday morning. There is no vaccine for RSV, but health officials have urged people to get their flu shots and updated Covid-19 boosters heading into winter.

☆ House progressives press Biden to engage in direct talks with Russia on Ukraine
▼ + stars: | 2022-10-25 | by ( Summer Concepcion | Summer Concepcion Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

A group of progressive House Democrats asked President Joe Biden in a letter Monday to directly engage with Russia in an effort to end the conflict in Ukraine. The push by progressives, which asks the president to take a more aggressive strategy on the Ukraine war, swiftly prompted pushback from fellow Democrats and some Ukrainians. The lawmakers urge the president to pair the military and financial support the United States has provided to Ukraine with a “proactive diplomatic push” that involves direct talks with Russia. It comes as Republicans threaten to cut aid to Ukraine if they retake control of the House in the midterm elections next month. “We’d all like to see this war end today, and quite frankly it could end today if Putin did the right thing and pulled his troops out.”

With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees. Fragments of Mr. Trump’s tax returns have leaked out before. Mr. Agalarov’s father, Aras, a billionaire who boasts of close ties to Mr. Putin, was Mr. Trump’s partner in the event. Mr. Trump’s avoidance of income taxes is one of the most striking discoveries in his tax returns, especially given the vast wash of income itemized elsewhere in those filings. When they got to line 56, the one for income taxes due, the amount was the same each year: $750.

Search resuls for: "Administration “"

12 mentions found