Business News June 10 2021 Archives - Easy Ad - Local Small Business Resources

Business News – 06-10-2021

K Buenavista — Thu, 10 Jun 2021 22:17:50 +0000

Vaccinations for Covid-19 for Children is ‘a must’ says FDA advisor

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

New possible deal between SpaceX and airlines in the near future for in-flight Wi-Fi

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

CDC finds heart inflammation to be above expected baseline in those aged 16-24 years old after 2nd vaccine shot

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

Millionaires in the Millennial generation hold big chunk of their money in Cryptocurrency

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

FDA is asked by Moderna to approve their vaccine for those 12 through 17 years old

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

Alzheimer’s drug from company Biogen has potential to cost Medicare Billions a year

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

This year’s Back-to-school shopping has potential to beat pre-pandemic levels

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.