Moderna received $176 million from the US government to fast-track the development of its bird flu vaccine, following the spread of the H5N1 virus in dairy herds across multiple states.
Sectors
Google Blames AI in Carbon Emissions Rise, Challenging 2030 Net Zero Pledge
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
FTC Blocks Tempur Sealy's Acquisition of Mattress Firm Over Competition Concerns
The Federal Trade Commission has voted to prevent mattress maker Tempur Sealy from acquiring retail chain Mattress Firm, citing concerns that the merger would stifle competition.
Temu and Shein's High Airfreight Demand Drives Up Global Shipping Prices
Chinese e-commerce giants Temu and Shein have significantly increased global airfreight prices, leading to limited capacity and heightened costs akin to peak holiday periods.
FDA Approves Eli Lilly's Alzheimer’s Drug Donanemab, Expanding US Treatment Options
The FDA has approved Eli Lilly’s Alzheimer’s drug donanemab, branded as Kisunla, for early symptomatic adults, providing a new treatment option for nearly 7 million Americans affected by the disease.
Latest News
Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.
One million American workers whose wages are below the median individual pay will now be eligible for overtime protections, according to President Joe Biden.
Community Health Systems expands its partnership with Mark Cuban Cost Plus Drugs, enabling 71 hospitals to access a wider range of generic medicines.
A Philadelphia woman was charged for allegedly stealing COVID-19 relief funds intended for a Florida city to pay for a cosmetic procedure known as a Brazilian butt lift.
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi.
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
Upside Foods announced that they were letting go of 26 of its staff and restructuring its executive and leadership teams to delegate processes more directly to staff due to legislative, regulatory, and financial issues.
