Business News – 08-16-2021

FDA receives data from Pfizer for authorization of Covid vaccine booster for the wider population

  • BioNTech and Pfizer have announced their submission of their early-stage clinical trial data to the FDA as they seek authorization for a Covid-19 booster shot in the US
  • Currently, Federal health officials are not recommending any type of booster doses for the general public 

Taliban takeover causes airlines to reroute planes near Afghanistan

  • All aircraft have been warned that Afghanistan air traffic control was given to the Taliban and the airspace would be uncontrolled
  • Singapore Airlines, United, and British Airways along with others have rerouted their flights near Afghanistan

Disney’s “Free Guy” goes above $28 million at the box office

  • Free Guy, one of Disney’s latest films has tallied more than $28 million at the domestic box office during its opening the weekend of August 14 
  • Heading into the weekend, analysts were eager to see whether fears over the Covid or the availability of films on streaming has caused a slowdown in box office sales but sales show otherwise

Large increase to food stamp system announced by Biden administration

  • Beginning in October, food assistance benefits will see an increase by an average of 25% above pre-pandemic levels
  • Under the new policy, the average benefit will increase by $36 a month and could impact as much as 42 million Americans according to the USDA

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.