• In comparison to mass disruptions earlier in 2021, current cancellations are minimal
• US airlines over Thanksgiving week had some of their busiest days since before the coronavirus was declared a pandemic as travelers returned to reunite with their families
• From Nov. 22 through Nov. 28, 14.4 million people passed through TSA, more than double the 6.4 million a year ago but down from 16.4 million in 2019

President Biden says he doesn’t think more travel restrictions will be imposed with Omicron 

• As the new Omicron variant begins to spread around South Africa, the US, on November 26 said that it would ban visitors from South Africa and 7 other African national 
• In addition to the US, Japan, the UK, and Israel have all put travel restrictions to stem the spread of the Omicron variant
• President Joe Biden on November 29, said he doesn’t expect the U.S. to impose any additional travel restrictions to stem the spread of the omicron Covid-19 variant

 New York City reinstitutes Covid mask advisory “at all times”

• On November 29, New York City announced an advisory that recommends that everyone in the city wear masks indoors at all times, regardless of vaccination status
• The Outgoing Mayor, Bill de Blasio said that New York City has not yet identified any Omicron variant cases but he still urges mask wearing

CEO of Moderna says a new Omicron Covid variant vaccine will take months

• According to Stephane Bancel, the CEO of Moderna, it could take months to develop and ship a vaccine targeting the Omicron variant of COVID-19
• Bancel says that he beelives that the variant may already be present in most countries
• Bancel said Moderna believes the omicron variant is highly infectious, but it will take at least two weeks to determine how much the mutations have impacted the efficacy of the vaccines currently on the market

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• COVID-19 outbreaks and congested ports have drastically increased the cost of moving merchandise across the world
• Dollar Tree said Thursday that rising freight costs will drag down its earnings by $1.50 to $1.60 per share — more than double the 60 cents to 65 cent decline that it had projected in May

Student debt will be canceled by Education Department for 115,000 borrowers

• On August 26, the U.S. Department of Education announced that they will waive $1.1 billion in student debt for 115,000 borrowers
• This debt forgiveness is extended to those who attended ITT Technical Institute, a for-profit school 
• Since January, the Biden Administration has canceled student loans for more than 563,000 followers

Chip shortage causes UK car production to drop to 1956 production levels 

• On August 26, The Society of Motor Manufacturers and Traders has announced that UK manufacturers built only 53,438 vehicles in July which is a 37.6% decrease from July of 2020
• The SMMT said a global semiconductor shortage, factory shutdowns, and worker absences amid the ongoing coronavirus pandemic all contributed to the decline

Moderna Covid vaccine suspended by Japan over contamination concerns

• Over 1.6 million doses of the Moderna vaccine have been suspended by Japan on August 26 among concerns of contaminated vials
• Across 8 vaccination sites in Japan, 40 unused vials have been spotted with unspecified foreign matter over the past 10 days 

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• Boston Beer and PepsiCo are going on a joint-venture to create an alcoholic Mountain Dew which is expected to reach shelves by early 2022
• These new drinks are a part of Pepsi’s effort to use the popularity of the Mountain Dew name to move the soda into new categories

Beyond Meat’s meatless pepperoni to be offered by Pizza Hut in 5 markets

• Pizza Hut is now offering meat-free pepperoni by Beyond Meat as a topping in 5 cities in the United States
• Customers will be able to find the topping in 70 locations across Houston; Albany, New York; Macon, Georgia; Columbus, Ohio; and Jacksonville, Florida

NASA is offered next-generation spacesuits by SpaceX

• NASA has been offered next-generation spacesuits by Elon Musk’s SpaceX after a response to a report by NASA’s inspector general on spacesuit development
• Since 2007, NASA has spent more than $420 million on spacesuit development but even with another $625 million in spending planned, the suits will not be ready for flight until April 2025

Canada and Moderna reach deal to construct vaccine manufacturing plant after shortages

• Moderna has announced that they have reached a deal with the Canadian government to construct a vaccine manufacturing plant to supply the country 
• Earlier in 2021, Canada has had difficulties with Covid vaccine supply shortages 

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• For SpaceX’s 20th mission, they were only seconds away from launching when they were stopped due to an aircraft entering launch range
• On Twitter, Elon Musk voiced his feeling about the situation and criticized the regulations around business launched rockets

• Owned by Berkshire Hathaway, Brooks Running Company has committed to achieving net zero carbon emission by 2040
• The CEO of Brooks Running, Jim Weber has reported that their best selling shoe will soon be made by recycled materials to help the environment

Shares of Moderna have risen due to Covid vaccine being promisingly effective against variants

• Today (Tuesday) Moderna has said that their Covid-19 vaccine in a lab setting was quite promising against coronavirus variants along with the delta variant
• Moderna’s new two-dose mRNA vaccine has been able to neutralize antibodies against the delta variant, beta, and eta as well

Over The July 4rth weekend, Southwest Airlines urges their employees to work extra shifts for more pay

• Southwest is currently offering their flight attendants double pay if they take extra shifts during July 4
• The Airline along with many others are suffering from the worker shortage in the airline industry and are coming up with incentives for their current employees to work extra shifts to somewhat compensate for the shortage

Travel insurance for Royal Caribbean is now required for unvaccinated travelers

• vaccinated except those in Florida 
• Starting August 1, the rule will also apply to those over 12 years of age
• Those passengers who are leaving from Florida on the Cruise line form August 1 to December 31 who are unvaccinated must have travel insurance
• Today (Tuesday) 6 simulation cruises have been approved by the CDC (Center for Disease Control)

• Those who are fully vaccinated against Covid-19 now have the option of not wearing face masks
• Employees for the companies which include those who are non-salaried workers, will not have to show proof of vaccination 

The post Business News – 06-29-2021 appeared first on Easy Ad - Local Small Business Resources.

• Jim Conroy, the CEO of Boot Barn expects sales to increase in the coming months as rodeos, country music concerts, and fairs bein their return
• So far, Boot Barn Shares have risen by more than 86% for this year 

• Nextdoor, a social media app to connect neighbors teams with Albertsons and Moderna to release a Covid-19 vaccine map
• This map will essentially let users be able to easily find vaccination sites in their area and schedule appointments

• Today (Tuesday), Anthony Fauci said that the delta variant of the coronavirus is the “most dangerous threat” as it is highly contagious
• This variant was first found in India and currently makes up 20% of new cases in the US and has had a 10% increase in infections from 2 weeks ago

• Beginning on July 8, McDonald’s will release their new loyalty program in the US
• Other fast food chains have looked to loyalty rewards programs in order to increase sales and keep online customers that they attained during the pandemic

• Recently, Peloton has been working on a new product which is a digital heart rate armband 
• This wearable will come in 2 different sizes and sync to other Peloton products such as the treadmills and cycles along with phones, tablets, and TVs that run the Peloton app
• The company has recently acquired Atlas Wearables which makes heart rate tracking fitness products earlier on this year

• The To Go brand sector of Tide detergent is in development for astronauts as the company and NASA have partnered
• Proctor & Gamble, the parent company of Tide, aims to use their fabric care products along with newer technological advancements to help areas with less water

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• 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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• Microsoft expects the Nuance deal to expand its market opportunity in health care
• Nuance’s CEO will report to Microsoft cloud chief Scott Guthrie, who says both companies want to target software developers, not health-care providers themselves

• Moderna said Tuesday its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17
• The company said it plans to ask the FDA to expand the emergency use of its Covid vaccine for teens early next month
• It is the second vaccine behind Pfizer’s to demonstrate high efficacy in younger age groups

• Shares of Lordstown Motors have tumbled after the company cancelled its production guidance for the year and says it needs to raise additional capital
• Lordstown CEO Steve Burns said the company has “encountered some challenges” as it prepares to begin producing its Endurance electric pickup truck in late September
• Lordstown said it expects to produce only about half the number of vehicles it previously forecast for this year, while increasing its planned expenses to between $335 million and $350 million

• Domestic leisure yields for tickets issued in May surpass 2019 levels, United said
• It expects that trend to continue through the summer
• Higher revenue compared with its capacity is helping the carrier narrow its losses

Amazon’s ad revenue has now become twice as big as 4 large companies combined

• The major growth in Amazon’s advertising unit means its revenue contribution is now 2.4 times larger than Snap, Twitter, Roku and Pinterest combined, and it’s growing 1.7 times as quickly, according to Loop Capital
• Amazon’s “Other” unit, which is primarily made up of advertising but also includes sales related to other service offerings, grew revenue a massive 77% year-over-year to more than $6.9 billion in the first quarter, the company reported last month

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