Business News – 11-01-2021

White House reports that the Covid vaccine program for children starts November 8

  • According to the White House coronavirus response coordinator, Jeff Zients, the kid’s vaccination program will be “fully up and running” beginning on the week of Nov. 8
  • The kid’s vaccination program is intended for those ages 5 to 11 years old

Project Kulper: Amazon’s first internet satellites to launch in late 2022

  • On November 1, Amazon announced its plans to launch its first internet satellites in the 4rth quarter of 2022 
  • Amazon also states that the satellite program (Project Kulper) will launch with ABL space on its RS1 rocket
  • This network will contain 3,236 satellites in low Earth orbit in order to provide high-speed internet to anyone in any part of the world 

Celebrity Chef Bobby Flay transitions to cat food industry

  • Early in 2021, American Celebrity Chef, Bobby Flay, launched his own cat food brand named “Made by Nacho”
  • Over the course of the COVID-19 pandemic, pet ownership and spending have increased allowing the pet food and treat market to grow to more than $42 billion in value

Details on Covid vaccine mandate for businesses to be published by Biden Administration soon

  • According to to the Department of Labor, on November 1, the Biden Administration will publish details in the coming days about the vaccine mandate for businesses
  • Currently, the mandate would apply to businesses with 100 or more employees which are estimated to cover about ⅔ of the private sector workforce

Travel continues to be disrupted by staffing challenges despite reduced cancellations

  • As of October 31, more than 136,000 airline customers were affected by disruptions and a lack of staff was listed as the reason, according to American Airlines
  • On November 1, American Airlines canceled more than 460 flights or 16% of its normal schedule 
  • Southwest Airlines reported that flight cancellations early in October cost the company $75 million and Spirit Airlines reported similar issues that cost the company $50 million

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.