Monday, 31 January 2022

Cramer's Investing Club Profile: Eli Lilly has one of best pipelines in the drug industry

Unlike many of its peers, Eli Lilly's growth story is durable and volume-driven due to the strength of its recent drug launches.

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Companies founded by Pharma Bro Martin Shkreli will pay up to $28M in class-action settlement over Daraprim price hike

Martin Shkreli raised the price of the prescription drug Daraprim by more than 4,000. He recently was banned for life from the pharmaceutical industry.

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The new omicron subvariant is more contagious, but vaccinated people are less likely to spread it, study finds

People who were fully vaccinated actually transmitted BA.2 less than BA.1, the currently dominant omicron subvariant.

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Millions of Americans have quit their jobs. Is Obamacare helping them?

The pandemic may be fueling the Great Resignation, but it has also led to some of the best subsidy opportunities for Obamacare health insurance plans.

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UK investigation into Downing Street Covid lockdown parties finds ‘failures of leadership’

U.K. Prime Minister Boris Johnson has so far resisted calls to resign despite public anger over a long and growing list of alleged lockdown breaches.

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Sunday, 30 January 2022

Maharashtra reports 22,444 new Covid cases, 50 deaths

Maharashtra reports 22,444 new Covid cases, 50 deaths

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Bruce Springsteen guitarist Nils Lofgren joins protest of Spotify over Covid misinformation

The Rock and Roll Hall of Famer joins Neil Young and Joni Mitchell who are also pulling their music from the streaming service.

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Saturday, 29 January 2022

Two New York nurses charged with faking Covid vaccinations to earn more than $1.5 million

Julie DeVuono and Marissa Urraro, of Wild Child Pediatric Healthcare in Amityville, are each being charged with one count of forgery in the second degree.

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Friday, 28 January 2022

The latest Covid variant is 1.5 times more contagious than omicron and already circulating in almost half of U.S. states

There are already 127 confirmed cases across almost half of the U.S. of a new Covid subvariant that's even more contagious than omicron.

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60 million U.S. households have ordered free Covid tests, White House says

People can order the free tests at covidtests.gov.

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Covid-19: Night curfew extended in 27 cities in Gujarat till Feb 4

Covid-19: Night curfew extended in 27 cities in Gujarat till Feb 4

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How the U.S. is trying to fix its at-home Covid testing problem



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BJP 'spreading' Covid by handing out pamphlets, EC should step in: Akhilesh Yadav

BJP 'spreading' Covid by handing out pamphlets, EC should step in: Akhilesh Yadav

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Thursday, 27 January 2022

Cramer's Investing Club: Danaher once again delivers reliable earnings, and that's why we own the stock

All in, this was a solid quarter from Danaher and exemplary of the type of company we believe investors must focus on in this volatile market.

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Covid positivity rate still above 10% in 407 districts, Centre extends curbs till Feb 28

Covid positivity rate still above 10% in 407 districts, Centre extends curbs till Feb 28

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Populist nations fared much worse during Covid outbreak, new research says

A new study has compared the response of populist and non-populist governments during the Covid-19 pandemic in 2020.

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Back to reality at last? Covid rules are being dropped in Europe despite high omicron spread

From the re-opening of bars and restaurants to the dropping of legal requirements for masks, many of Europe's biggest economies are now relaxing Covid rules.

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Ex-UK PM Gordon Brown: U.S. and Europe 'must do more' to address humanitarian crisis in Afghanistan

Gordon Brown said the U.S. and Europe 'must do more' to address the humanitarian crisis in Afghanistan and warns of a global education crisis.

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Wednesday, 26 January 2022

Moderna starts clinical trial of booster shot targeting omicron Covid variant

The first participant in the trial has already received a dose of the omicron-specific booster shot, according to Moderna.

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CDC director says 'milder doesn't mean mild' as Covid hospitalizations reach record highs

"We cannot look past the strain on our health systems and substantial number of deaths," Dr. Rochelle Walensky said.

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Cramer's Investing Club: We believe the market is wrong on core holding Abbott's future potential

Abbott management, known for under promising and over delivering, will do better than Wall Street thinks.

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More than two-thirds of omicron cases are reinfections, English study suggests

Omicron has almost completely replaced the delta variant of Covid-19 in England, a new study has found, and the vast majority of cases are reinfections.

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Tuesday, 25 January 2022

The next Covid variant will be more contagious than omicron, but the question is whether it will be more deadly, WHO says

A top WHO official warned against theories that the virus will continue to mutate into milder strains that make people less sick than earlier variants.

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Biden administration withdraws Covid vaccine mandate for businesses after losing Supreme Court case

Workplace safety regulator OSHA said it is pulling the vaccine and testing rules for businesses effective Wednesday.

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Neil Young reportedly asks Spotify to remove his music over Joe Rogan's vaccine comments

It's the latest public pushback against Rogan, who hosts Spotify's current most popular podcast, "The Joe Rogan Experience."

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J&J expects more than $3 billion in Covid vaccine sales this year in mixed quarterly report

J&J's revenue of $24.8 billion rose 10.8%, mostly driven by $1.82 billion in international sales of its Covid vaccine.

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Consumers accuse small retailers of price gouging on Covid tests

While states warn against price gouging, sellers say they're just covering their costs and meeting demand.

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Pfizer and BioNTech launch clinical trial of Covid vaccine targeting omicron

Pfizer CEO Albert Bourla has said the company will have the omicron vaccine ready by March.

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London police to investigate alleged Downing Street lockdown parties

It comes shortly the latest disclosure that an event was held during lockdown to celebrate Johnson's birthday on June 19, 2020.

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Monday, 24 January 2022

Cramer's Investing Club Stock Profile: Drugmaker Abbvie deserves a lot more love from the market

As we wait for the market to gain more appreciation for Abbvie, the roughly 4.15% dividend handsomely pays us for our patience.

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Here's what you need to know about getting free at-home Covid tests with your health insurance

Rules around how to get your free at-home Covid tests vary from one health insurance plan to the next. Here's what you need to know.

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'Unvaccinated' Sarah Palin tests positive for Covid right before New York Times defamation trial begins, judge says

Sarah Palin has Covid-19 last year, but since then has said she would get the coronavirus vaccine "over my dead body."

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Covid pandemic at a ‘critical juncture’ and we still have a long road ahead, WHO’s Tedros says

The Covid-19 pandemic is at a "critical juncture" as it enters its third year, the WHO's top official said on Monday.

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Sunday, 23 January 2022

No respite for China's stressed out supply chains as Covid-zero and new year holidays take a toll

Ahead of China's lunar new year, air freight rates have spiked and shipping firms have suspended services, putting the spotlight on overwhelmed supply chains.

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Saturday, 22 January 2022

Experts seriously doubt whether patent waivers on Covid-19 vaccines will ever come to be

Calls to waive the patents on mRNA Covid vaccines have gained traction globally, but experts seriously doubt that they will ever come to be.

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Friday, 21 January 2022

Mood of the Nation 2022: 82% praise central government's Covid-19 vaccination drive

Mood of the Nation 2022: 82% praise central government's Covid-19 vaccination drive

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Children under 5 are not eligible for Covid vaccination. Doctors have this advice to protect them during the omicron surge

Covid hospitalizations of children under 5 are rising, the CDC says, and that age group can't get vaccines. Doctors explain how parents can protect them.

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Kids' Covid hospitalizations hit pandemic high, worrying doctors and parents about long-term impact

Doctors at children's hospitals in Atlanta, Chicago, Cleveland, Denver and Washington are seeing more kids hospitalized with Covid than ever before.

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Singapore will extend Covid booster program to teens aged 12 to 17

Singapore is extending its Covid booster program to teens aged between 12 and 17, authorities said. Previously, only those 18 and over were eligible.

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Arguing with your partner over Covid? You're not alone, with the pandemic straining many relationships

Disagreements over Covid restrictions, child vaccination and even the very existence of the virus have seen some relationships pushed to breaking point.

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Thursday, 20 January 2022

Many Pacific Island nations have kept Covid at bay. But attempts to reopen are fraught with danger

Many of the small island states nestled in the Pacific Ocean have had no new cases of the virus for months.

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Supreme Court deals a setback to abortion providers' bid to quickly block Texas law

"The Court may look the other way, but I cannot," Justice Sonia Sotomayor wrote in a fiery dissent joined by liberal Justices Stephen Breyer and Elena Kagan.

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GOP and Democratic governors reinstate Covid emergency orders to combat omicron surge

Officials from Maryland, Virginia, New Jersey, Kansas and California have all announced new or renewed Covid emergency orders since the start of the month.

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Bill Gates, John Kerry stress 'urgent' need for businesses to join climate fight

Bill Gates has stressed the urgent need for businesses to step up and invest in emerging green technologies as the fight against climate change intensifies.

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Antibiotic-resistant infections are a ‘major global health threat’ that’s killing millions, scientists say

A huge new global study found that drug-resistant bacterial infections played a part in almost 5 million deaths in 2019.

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Wednesday, 19 January 2022

Fauci says FDA could authorize Pfizer's Covid vaccine for kids under 5 in the next month

Fauci said younger children will likely need three doses, because two shots did not induce an adequate immune response in children 2- to 4-years-old.

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Starbucks pauses plan to require vaccination or weekly testing after Supreme Court ruling

Starbucks has suspended its plan to require baristas to get vaccinated or receive weekly testing.

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Tuesday, 18 January 2022

Scientists warn it's too soon to relax despite omicron Covid variant proving to be less severe

Infectious disease experts have warned against complacency with Covid-19, despite health officials claiming infection is practically inevitable for most people.

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WHO says omicron won't be last Covid variant as global cases surge by 20% in a week

New infections have increased by 20% globally over the past week with nearly 19 million total cases reported during that period, according to the WHO.

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WHO says there's no evidence healthy children and adolescents need Covid boosters

Swaminathan said the agency's advisory group meet later this week to consider how countries should think about giving booster shots.

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New York Mayor Adams says city is winning the war against omicron as cases decline

New York City's seven day average of daily new cases has dropped below 20,000.

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We have a chance to end Covid emergency in 2022, WHO official says

Covid-19 will never be eradicated, but society has a chance to end the public health emergency this year, a senior WHO official has said.

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Covid can turn kids into 'fussy eaters' if it changes their sense of smell

Parosmia — when people experience strange smell distortions — could be affecting some children, experts say.

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Over 300 police officers test Covid positive in Ahmedabad

Over 300 police officers test Covid positive in Ahmedabad

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Monday, 17 January 2022

Omicron surge shows signs of easing in states hit early by the fast-spreading variant

To be sure, cases are rising in the majority of states with 23 reporting record-high infection levels as of Sunday.

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Fauci says it's still an 'open question' whether omicron spells Covid endgame

Dr. Anthony Fauci has said it is still too soon to predict whether omicron will mark the final wave of the coronavirus pandemic.

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India to begin vaccinating 12-14 year olds against Covid by March: NTAGI chief

India to begin vaccinating 12-14 year olds against Covid by March: NTAGI chief

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Sunday, 16 January 2022

A Thai start-up is working on a Covid vaccine — using tobacco leaves

Thai start-up Baiya Phytopharm is working on a Covid-19 vaccine — using the leaves of an Australian tobacco plant.

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China's zero-Covid policy could deal another blow to global supply chains, Moody's says

The challenges has been "with us for about a year now," said Katrina Ell is a senior economist for Asia-Pacific at Moody's Analytics.

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Friday, 14 January 2022

Labor Department vows to protect workers from Covid after Supreme Court blocks business vaccine mandate

Unions are calling for the Labor Department to implement improved ventilation, physical distancing and masking in workplaces.

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New York Covid numbers are finally trending down, Gov. Hochul says

"There will come a time when we can say it's all over," Hochul said of Covid "We're not there yet, but boy, it's on the horizon."

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GE suspends Covid vaccine and testing rules after Supreme Court blocks Biden mandate

President Joe Biden said he would urge businesses to implement the rules voluntarily.

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Retail industry presses ahead with conference, tries to nudge Americans toward normalcy

The National Retail Federation said it will take extra precautions, including handing out N95 masks and at-home Covid tests.

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Biden administration threatens to claw back Covid funds from Arizona over school anti-mask policies

GOP Gov. Doug Ducey has 60 days to change the disputed programs, or the Biden administration may claw back that Covid stimulus money, Treasury said.

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United brings back airport vaccines for employee boosters as omicron spreads

United has started offering staff vaccines in airports again as the omicron wave sweeps through crews.

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Thursday, 13 January 2022

Gurugram: More than 8,500 people, 100 establishments fined for Covid violations

Gurugram: More than 8,500 people, 100 establishments fined for Covid violations

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India's third wave of Covid infections is expected to blunt growth in the near term

But the overall economic impact of the third wave of infections is expected to be less severe and less disruptive compared to the previous two waves.

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Supreme Court vaccine mandate ruling won't bar companies from demanding Covid shots for workers — Biden vows to advocate for that

President Biden urged companies to voluntarily impose Covid vaccination rules on workers after the Supreme Court blocked a government order to do that.

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Supreme Court blocks Biden Covid vaccine mandate for businesses, allows health-care worker rule

The Supreme Court ruled against the Biden administration's rule for OSHA, saying it did not have the power to require vaccination for millions of Americans.

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Biden says U.S. to provide high quality masks for free to Americans

President Joe Biden said the White House next week will announce how it is providing highly quality masks to Americans for free.

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Bengaluru ranks fourth among six emerging districts of concern amid steep rise in Covid cases

Bengaluru ranks fourth among six emerging districts of concern amid steep rise in Covid cases

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Wednesday, 12 January 2022

Why Cuba's extraordinary Covid vaccine success could provide the best hope for low-income countries

Cuba remains the only country in Latin America and the Caribbean to have produced a homegrown shot for Covid.

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Omicron cases are less severe, hospital stays shorter than delta at large California health system

Omicron patients at Kaiser Permanente Southern California were 74% less likely to end up in ICUs and 91% less likely to die than delta patients, a study found.

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New Jersey reinstates public health emergency as omicron surge overwhelms hospitals

Murphy said the state is seeing nearly 35,000 new cases a day and in the past two weeks, more than 10,000 residents have required hospitalization due to Covid.

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WHO says omicron cases are 'off the charts' as global infections set new records

"The sheer volume of cases is putting a burden on health-care systems," said Maria Van Kerkhove, WHO's technical lead on Covid-19.

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Omicron disrupts transit, emergency services as workers call out sick: 'Most people are going to get Covid'

"It's hard to process what's actually happening right now, which is most people are going to get Covid," acting FDA Commissioner Janet Woodcock said.

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Tuesday, 11 January 2022

Elizabeth Holmes sentencing proposed for September

The court filing also said the government will dismiss counts 3, 4 and 5 of the indictment in which the jury deadlocked on.

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WHO says omicron is life threatening for unvaccinated, elderly and people with underlying conditions

Dr. Mike Ryan, director of the WHO's health emergencies program, said omicron represents a "massive threat" to the lives of the unvaccinated.

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France reports new Covid infection record with daily cases surging to over 360,000

France is about to implement a strict Covid passport system whereby citizens will need to be vaccinated before they can enter restaurant or indoor events.

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CDC director says Covid cases on cruise ships surged 30-fold in last two weeks

The CDC last month warned against all cruise ship travel.

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U.S. sets fresh records for Covid hospitalizations and cases with 1.5 million new infections

Covid hospitalizations surpassed last winter's peak over the weekend as the U.S. reported another single-day record of nearly 1.5 million new case Monday.

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Fauci says Sen. Rand Paul's false accusations 'kindles the crazies' and have incited death threats

It's the latest in a longstanding feud between the two government officials.

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Supreme Court Justice Neil Gorsuch again doesn't wear mask on bench, Sotomayor and Breyer log in remotely for hearing

Two justices, Sonia Sotomayor and Stephen Breyer, appeared remotely due to apparent concerns about Covid-19 as Neil Gorsuch did not wear a mask.

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Everything you need to know about the new, free at-home Covid tests

Free at-home Covid tests will soon be available to most Americans. Wondering where to get them and what kind of tests qualify? Here are the details.

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Worried a Covid test you buy online might be fake? Here are 3 ways to protect yourself

The Federal Trade Commission outlined ways consumers can protect themselves as scammers take advantage of high demand for at-home rapid tests.

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Over 50% of Europe's population will be infected with omicron in the next 2 months, WHO says

Omicron has swept the region at an alarming pace, with some countries reintroducing social restrictions in an effort to curb it.

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Monday, 10 January 2022

Contacts of confirmed Covid cases need not be tested unless ‘high-risk’: Govt advisory

Contacts of confirmed Covid cases need not be tested unless ‘high-risk’: Govt advisory

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A universal flu vaccine may be the next big mRNA breakthrough for Moderna, Pfizer

Pfizer and Moderna are utilizing the same mRNA technology found in Covid-19 vaccines to try to develop a one-time universal flu cure.

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Johnson & Johnson is spinning off its consumer division, which could come with risks

Wall Street analysts say Johnson & Johnson's decision to spin off its consumer division is overall a smart business move but it could come with some risks.

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Pfizer CEO says omicron vaccine will be ready in March

Pfizer CEO Albert Bourla said the goal is to product a vaccine that is much better at preventing infection from omicron.

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Moderna working with world health leaders on Covid booster that targets omicron for this fall, CEO says

Moderna CEO Stephane Bancel said the omicron specific booster will enter clinical trials soon.

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Experts cast doubts over reported 'deltacron' variant, say likely due to lab contamination

Global experts are casting doubts over reports of a new possible Covid strain appearing to combine both the delta and omicron variants and dubbed "deltacron."

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Sunday, 9 January 2022

Odisha reports 4,714 new Covid-19 cases, highest single-day spike since June

Odisha reports 4,714 new Covid-19 cases, highest single-day spike since June

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Saturday, 8 January 2022

Cyprus reportedly discovers a Covid variant that combines omicron and delta

The strain is being called "deltacron."

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Delhi likely to log 20,000 new Covid cases today, health minister says govt 'well prepared'

Delhi likely to log 20,000 new Covid cases today, health minister says govt 'well prepared'

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Friday, 7 January 2022

India logs 1.41 lakh new Covid-19 cases, 21.3% higher than yesterday

India logs 1.41 lakh new Covid-19 cases, 21.3% higher than yesterday

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FDA shortens Moderna booster waiting period to 5 months for adults

The shortened waiting period for boosters comes as data shows that two doses do not provide strong protection against symptomatic infection from omicron.

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Pfizer Covid vaccine protects adolescents against multisystem inflammatory syndrome, CDC says

MIS-C is a condition in which organs become inflamed, such as the heart, lungs, kidneys or brain.

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These European countries have a higher prevalence of Covid than both the U.S. and the U.K.

Over the past 28 days, the U.S. and the U.K. have recorded the highest number of new cases of Covid-19 in the world, according to Johns Hopkins University.

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Covid hospitalizations surge in New York City, but fewer patients are in the ICU

About 5,900 patients are hospitalized with Covid across New York City, 52% higher than last winter's peak of nearly 3,900 reached on Feb. 8.

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Novak Djokovic thanks supporters via Instagram; He's 'free to leave any time', Australia minister says

"Thank you to people around the world for your continuous support. I can feel it and it is greatly appreciated," Djokovic wrote as part of an Instagram story.

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Supreme Court to hear challenges to Biden vaccine mandates

President Biden issued the rules before the omicron variant drove Covid infection rates to new highs around the country.

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Thursday, 6 January 2022

Fresh curbs kick in as India sees surge in Covid-19 cases, WHO warns about Omicron | 10 Developments

Fresh curbs kick in as India sees surge in Covid-19 cases, WHO warns about Omicron | 10 Points

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WHO says vaccine inequity undermines economic recovery: It's 'a killer of people and jobs'

World Health Organization chief Tedros Adhanom Ghebreyesus called the unequal distribution of vaccines the biggest failure of 2021.

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Covid-19: Odisha reports its first, country’s second Omicron death

Covid-19: Odisha reports its first, country’s second Omicron death

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Rajasthan CM Ashok Gehlot tests positive for Covid-19

Rajasthan CM Ashok Gehlot tests positive for Covid-19

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Walgreens shares rise after its earnings get lift from Covid vaccines and testing, raises forecast

Walgreens said it administered 15.6 million Covid vaccines in the latest quarter — bringing its total to more than 56 million to date.

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'The next variant is just around the corner': Experts warn the world's at risk until all are vaccinated

Experts say the sharing of Covid vaccinations with poorer countries is not just an altruistic act, but a pragmatic one.

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Mumbai is 'prepared for the worst' as 3rd Covid wave sweeps India, city's municipal commissioner says

India's financial hub Mumbai reported more than 15,000 new cases over a 24-hour period on Wednesday.

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Wednesday, 5 January 2022

Walmart cuts paid Covid leave in half, as CDC isolation guidance changes

The CDC cut isolation requirements last week for asymptomatic people with Covid and shortened the time that close contacts need to quarantine.

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Fauci says multiple preliminary studies find omicron is less severe than delta

White House chief medical advisor Dr. Anthony Fauci said preliminary data indicates omicron is less severe than delta.

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Drugstores struggle to keep Covid at-home tests in stock as omicron rages across U.S.

There is a "tsunami of demand" for Covid tests as businesses prepare for the Biden's administration vaccine and testing mandates and omicron surges.

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Chicago cancels public school classes after teachers' union votes for remote learning amid Covid surge

It appears to be one of the biggest tensions yet in U.S. schools over the new omicron variant, shutting out more than 340,000 students for the day.

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Omicron may have peaked or 'plateaued' in parts of the world, giving experts cause for optimism

There are early, tentative signs that the omicron wave has peaked, or is plateauing, in the places that were among the first to be hit hard by the variant.

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France's Macron sparks outrage as he vows to annoy the unvaccinated

French President Emmanuel Macron has sparked new criticism from his political opponents.

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Tuesday, 4 January 2022

CDC adds testing guidance to shortened Covid isolation recommendation after facing criticism

The updated guidance comes after the CDC faced criticism last week for shortening its recommended isolation period without asking for people to get tested.

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Biden doubles U.S. order of Pfizer Covid treatment pills, speeds delivery as omicron rages across nation

With the new order, the U.S. has committed to purchase 20 million courses total from Pfizer.

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Why Biogen's Alzheimer's drug Aduhelm is so controversial

Biogen's Alzheimer's drug Aduhelm was heralded as a historic triumph against the memory-robbing disease. Now, the company is trying to keep it afloat.

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Airlines cancel another 1,300 flights as omicron, severe weather continue to snarl travel

Airlines have canceled more than 20,000 U.S. flights since Christmas Eve.

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Verdict in fraud case of Theranos founder Elizabeth Holmes offers lessons for investors

Theranos isn’t the only bad apple out there. Here’s how you can protect yourself and your portfolio from corporate fraud.

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New Zealand Covid experts take legal action against employer over harassment from public

Two of New Zealand's top Covid experts are taking legal action against their employer, over its response to the harassment they have faced from the public.

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CDC shortens waiting period for Pfizer Covid boosters to 5 months

The CDC on Tuesday updated its recommended waiting period for people who completed their primary Covid-19 vaccination series with Pfizer's shots.

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U.S. reports over 1 million new daily Covid cases as omicron surges

The U.S. reported a record number of new Covid cases on Monday, according to data from Johns Hopkins University.

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India reports the highest number of daily Covid cases since early September

There were 37,379 new cases reported over a 24-hour period, government data showed Tuesday.

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Monday, 3 January 2022

FDA expands Pfizer booster eligibility to kids ages 12 to 15

New Covid infections have hit a pandemic high in the U.S. as the highly contagious omicron variant has supplanted delta as the dominant strain.

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Investors look past airlines' holiday flight cancellations

U.S. airlines have cancelled more than 17,000 flights since Christmas Eve.

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Sunday, 2 January 2022

2022 will be the 'year of vaccination,' says vaccine institute expert

Hopefully, 2022 will also mark the year when anti-Covid drugs will come to the fore, and make treatment more effective, Jerome Kim told CNBC on Monday.

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U.S. is considering recommending that individuals exposed to Covid end isolation if they've tested negative for the virus after five days, Dr. Fauci says

"I think we're going to be hearing more about that in the next day or so from the CDC," Fauci said in an interview with ABC News.

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Saturday, 1 January 2022

Amid another Covid surge, schools and businesses find plans disrupted once again

The pandemic is far from over, with the omicron variant driving cases of the virus to record levels as Americans enter a new year.

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