• Elon Musk’s SpaceX has disclosed new details about their plan for the next generation Starlink satellites on August 18 in federal filings
• SpaceX also want to use their Starship rocket as the primary vehicle to deliver the spacecraft into Earth’s orbit
• This new design will add a significant amount of weight to the satellites and be able to generate more power than it had been able to initially

Covid antibody treatment centers open in Texas and Florida

• Regeneron’s treatment was granted an FDA emergency use authorization in November
• Regeneron claims it was able to reduce Covid hospitalizations “in patients at high risk for disease progression within 28 days after treatment.”
• GlaxoSmithKline has won emergency approval for its treatment with Vir Biotechnology in May, reporting that they reduced hospitalizations and death in high-risk patients by 85%

AT&T’s 5G connectivity to come to GM vehicles in 2023

• General Motors has plans to sell vehicles equipped with AT&T’s 5G cellular connectivity starting in 2023
• The higher speed network is expected to enable greater connectivity for in-vehicle systems such as infotainment, navigation, and most importantly, over-the-air software updates.
• The automaker expects 5G to be in millions of its vehicles in the next decade

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• Elon Musk’s SpaceX and its Starlink satellite internet service now serves about 90,000 users around the globe
• According to an update by the company on July 29, they say that the service has users in 12 countries 
• Starlink’s new user total, which appears to count the number of households with a dish, marks the addition of about 20,000 users in the past month

CEO of Delta reports vaccines are hard to require if they aren’t fully approved

• The CEO of Delta Airlines Ed Bastian has reported that the company will not be requiring Covid vaccines for domestic passengers 
• Delta Air Lines is bouncing back from pandemic-induced bookings losses, saying more than 90% of the airline was fully booked in the past week

Tyson Foods to mandate their entire U.S. workforce to get vaccinated

• Tyson Foods has recently reported that less than 50 percent of their employees in the U.S. have received the vaccine and they plan to give those workers who receive the vaccine a $200 bonus
• The Covid-19 pandemic has caused many closures of meat and poultry packing facilities and has caused at least 132 worker deaths

PepsiCo’s Tropicana, Naked, and other juice brands to be sold for $3.3 billion 

• PepsiCo has agreed to sell Tropicana, Naked, and other juice brands for pre-tax cash proceeds worth $3.3 billion
• Pepsi has reported that they will use the proceeds to strengthen their balance sheet and invest back into other aspects of the business

The post Business News – 08-03-2021 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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