Business Related

Business News – 08-05-2021

Fauci says the third Covid vaccine for those with weakened immunity is high priority

  • Dr. Anthony Fauci reports that US officials are quickly working to authorize the third Covid-19 vaccine shot for Americans with compromised immune systems
  • Fauci has also reported that the two previous doses of the Covid vaccine did not produce an adequate immune response for those in immunosuppressed populations

Tidal turbine manufacturing close to large-scale after firm consolidates funding

  • The project will study how turbine performance can be improved and focus on logistics connected to mass manufacturing
  • The news comes just over a week after another company, Orbital Marine Power, said its “O2” turbine had started grid-connected power generation

Lithia Motors on track to become the country’s most valued auto retailer

  • With their new growth plan through 2025 of hitting adjusted earnings per share of $50 by 2025 and $50 billion in annual revenue as well
  • In the past 2 years, Lithia’s shares have risen by 176 percent which includes an increase to $358 a share since the 5-year plan was announced

Toy sales for the first half of 2021 are partially fueled by skates, scooters, and skateboards

  • Toy sales in the US have risen by 19 percent bringing total sales to $11 billion during the first half of 2021
  • Over the 6 month period, outdoor and sports toys have seen the largest increase reaching $2.9 billion in sales or 11% from 2020

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.

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