• Dr. Paul Offit, a top FDA advisor says Children must be vaccinated against the virus and he also has said, “About 300 kids have died from Covid so far”. 
• It has become an increasing concern for this FDA advisor that there are more variants of the virus and they are becoming more contagious and he sees the need for a higher level of population immunity

• SpaceX is currently talking with several airlines to discuss using their Starlink Satellite internet network for in-flight Wi-Fi 
• SpaceX’s vice president Jonathan Hoefeller said yesterday that they are currently working on finalizing their Starlink satellite to be put on an aircraft very soon
• Currently there is no timeline for when Starlink will come to services inflight

• A heart inflammation condition that affects 16 to 24 year olds has been above the CDC’s expectations after they received their second dose of either Moderna’s vaccine or Pfizer’s
• So far there has been 275 recorded cases of pericarditis or myocarditis which is the heart inflammation condition 

• Almost ½ of millennial millionaires hold a minimum of ¼ of their wealth in Cryptocurrencies
• The results of the CNBC millionaire survey show that there is a new divide generationally, in wealth creation in cryptocurrencies with young investors who have made large amounts of money from the spike in prices of Bitcoin, Ethereum, and others

• Moderna has conducted a study containing 3,700+ people in the 12 – 17 age range
• Those in the study who have received two doses of the vaccine have shown no cases while those placed in the placebo group have shown 4 cases

• Aduhelm, Biogen’s new Alzheimer’s drug has potential to cost Medicare Billions of dollars per year
• For an annual course of new treatment, Biogen is requiring a payment of $56,000 and it has been approved this Monday by the FDA

• For retailers, Back-to-school shopping could become a strong sales season 
• From the middle of July to early September, sales are expected to increase 5.5% as the years go by when compared to 2019
• It has also been expected that the clothing industry will see a large spike ins sales as many kids and adults are looking for a “fresh start” when they come back to school this year

The post Business News – 06-10-2021 appeared first on Easy Ad - Local Small Business Resources.

• Stitch Fix shares have risen today (Monday) and this has been driven by consumers looking to add to their wardrobes for this month of June
• For the full year, the company raised its revenue after its previous lowering because of the Covid pandemic
• In regards to what the loss per share was for May, it was 18 cents versus 27 cents expected and their total revenue was $535.6 million versus $511 million expected

• This Thursday, Kroger will be holding a hiring event to fill 10,000 jobs across their chain-grocery brand
• In regards to the positions to be available, the grocer’s retail, e commerce, pharmacy, manufacturing, and logistical operations segments will be the main focus
• Kroger has also announced its plans to raise their average worker wage in March after other criticism revolving around the company lowering them in the pandemic

• The CEO of Biogen, Michel Vounatsos has told CNBC today (Monday) that the list price of $56,000 a year for his company’s Alzheimer’s disease drug is fair 
• Along with this, the CEO has also announced that the company will not increase prices for the drug for at least 4 years

• The US is now reporting an average of about 14,500 for the daily infection rate over this past week
• An approximation of about 960,000 vaccinations have been reported to be administered each day across the country 
• More than ½ of Americans have received at least partial progress in Covid vaccinations (1 dose at least) and 42 % are now fully vaccinated

• Blue Origin plans to launch the mission on July 20, the 52nd anniversary of the Apollo 11 moon landing
• Bezos’ brother will join him, as will the winner of an auction being held for one of the seats

The post Business News – 06-07-2021 appeared first on Easy Ad - Local Small Business Resources.