The phase 3 trial preliminary results showed the drug cut the risk of developing severe COVID-19 or dying by 50 percent compared to a placebo in people who did not require hospitalization and had been showing symptoms for a week or less.
Author archives: The Epoch Times
Energy Crisis May Trigger Winter Blackouts Across US: Coal Firm CEO
The global demand for power has increased as economies attempt to recover from the COVID-19 pandemic, triggering natural gas shortages.
Musk Moves Tesla Headquarters from California to Texas
“I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk told the company’s annual meeting on Oct. 7.
Leisure Sector Jobs Recovered Faster in Highly Vaccinated States: Fitch
Leisure and hospitality job growth between March and August 2021 averaged nearly 12 percent in the highest quartile states for vaccination, and less than 4 percent in the states in the lowest quartile, according to the report.
Top US Utility Providers Cut Power to Nearly One Million Homes Despite Receiving Huge COVID Tax Bailouts: Report
Some of the top utility providers in the United States cut off power to customers across the nation despite receiving tax bailouts.
Over 1,000 Kellogg’s US Cereal Plant Workers Go on Strike Over Cut to Benefits and Pay
The food manufacturing company has been at loggerheads with union members for more than a year over a dispute involving a cut to pay and benefits.
US Trade Deficit Hits Record High as Consumer Goods Imports See Sharp Rise
The Commerce Department said in an Oct. 5 statement that the trade deficit rose by 4.2 percent in August, hitting an all-time high of $73.3 billion.
The First Quantum Computing Company Makes Wall Street Debut
IonQ made history by becoming the first quantum computing hardware company to go public.
Global Semiconductor Chip Shortage Could See ‘Painful Period’ Extend Into 2022: Marvell CEO
In a forecast released Sept. 23, firm AlixPartners estimated that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021.
One of World’s Largest Port Operators Warns Global Supply Chain ‘Crisis’ Will Last Longer Than Expected
Speaking to Bloomberg News, Dubai’s DP World Chairman and CEO Sultan Ahmed Bin Sulayem said he expects bottlenecks to continue until 2023. The issues will result in higher costs for shipping goods, he warned.