• The previous president for Lowe’s online presence, Mike Amend had been hired by Ford to oversee software, data, and technology
• Ford’s CEO, Jim Farley believes that improvements in the company’s tech space are key to his Ford+ turnaround plant which is designed to allow the automaker to generate more revenue through software services

U.S. and international scientists find Covid Booster, “not appropriate” currently

• A group of leading U.S. and international scientists on September 13 have said a review of scientific evidence behind the Covid booster vaccine shots has revealed that they are not needed currently
• The conclusion made by two senior FDA officials and the WHO came as more studies show that authorized Covid vaccines in the U.S. remain highly effective

Top NY and CA earners could have increased combined tax rate under House Plan

• Under the House plan proposal; those earning more than $5 million per year will have a 3% surtax and the top marginal income tax rate would increase to 39.6%
• Top Earners in California could see a combined tax rate of 59% and Top New York earners could see a 61.2% combined tax rate

The post Business News – 09-13-2021 appeared first on Easy Ad - Local Small Business Resources.

• The Federal Maritime commission has been investigating the cancellation policies and safety protocols of the cruise industry during the pandemic 
• An update on the findings will likely be available early this upcoming week, the group’s commissioner, Louis Sola, said in an interview

Chinese Energy company announces 264-meter offshore wind turbine

• MingYang Smart Energy has reported that its MySE 16.0-242 wind turbine will have a capacity of 16 megawatts
• As offshore wind farms and the scale of turbines increase, attempts are also being made to discover how the marine environment is affected 

Pfizer-BioNTech Covid shot is granted full approval by FDA

• Pfizer and BioNTech’s Covid-19 vaccine has now been granted full approval from the FDA
• This approval may encourage Americans who are not vaccinated to get inoculated as well as give private businesses across the US more confidence in implementing vaccine mandates

The post Business News – 08-23-2021 appeared first on Easy Ad - Local Small Business Resources.

• 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

The post Business News – 08-16-2021 appeared first on Easy Ad - Local Small Business Resources.

• The second uncrewed flight test by Boeing of their Starliner spacecraft has been delayed for a minimum of two months after issues related to propulsion valves on the capsule
• OFT-2 represents a redo of Boeing’s first uncrewed flight test in December 2019
• The aerospace company has already taken a $410 million charge to cover the costs of the second flight

Cort furniture leasing company suffers from supply-chain delays and high shipping costs

• Costly inflation and shipping delays cause issues in Cort’s supply chain
• As a result of the resurgence in COVID-19 cases across the globe, shipping capacity has been impacted further, and shipments have been behind schedule amid competition for products and delays at ports

COVID-19 vaccine booster is permitted by FDA for immunosuppressed people 

• The COVID-19 vaccine booster shots have been authorized by the FDA to be administered to people with weakened immune systems
• People in this category include those with cancer and HIV patients who do not usually produce an adequate immune response after receiving the first two doses of the vaccine

The post Business News – 08-13-2021 appeared first on Easy Ad - Local Small Business Resources.

• 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

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