Fauci Says Early Reports On Omicron Variant Are 'Encouraging'
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Fauci Says Early Reports On Omicron Variant Are 'Encouraging'
Fauci Says Early Reports
On Omicron Variant, Are 'Encouraging'.
Dr. Anthony Fauci is reportedly
optimistic about the lack of severity found in cases of the Omicron variant thus far.
Fauci says more time and data are needed,
though preliminary research has been optimistic.
Thus far, it does
not look like
there's a great
degree of
severity to it.
, Dr. Anthony Fauci, chief medical
advisor to White House, via 'Newsweek' .
Thus far, it does
not look like
there's a great
degree of
severity to it.
, Dr. Anthony Fauci, chief medical
advisor to White House, via 'Newsweek' .
Though optimistic,
Fauci remains cautious.
We have really got to be careful before we make any determinations that it is less severe or it really doesn't cause any severe illness, comparable to Delta.
, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
We have really got to be careful before we make any determinations that it is less severe or it really doesn't cause any severe illness, comparable to Delta.
, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
The doctor says the Biden administration has discussed the potential to lift the recently instated travel bans on multiple nations in Africa.
The doctor says the Biden administration has discussed the potential to lift the recently instated travel bans on multiple nations in Africa.
Hopefully we'll be able
to lift that ban in a quite reasonable period of time, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
Hopefully we'll be able
to lift that ban in a quite reasonable period of time, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
We all feel very badly about the
hardship that has been put on
not only on South Africa but the other African countries.
, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
We all feel very badly about the
hardship that has been put on
not only on South Africa but the other African countries.
, Dr. Anthony Fauci, chief medical advisor to White House, via 'Newsweek' .
Initially detected in the United States on
December 1, the Omicron variant has spread quickly.
Initially detected in the United States on
December 1, the Omicron variant has spread quickly.
The heavily mutated strain of the
coronavirus has been detected in over a dozen states in America.
The heavily mutated strain of the
coronavirus has been detected in over a dozen states in America
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Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
Credit: Wibbitz Top Stories Duration: 01:31Published
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US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
According to an open letter, China's
“existing harmful anti-competitive policies”
are affecting U.S. airlines and workers.
The competitive disadvantage
is harmful to the approximately
315,000 workers employed
by U.S. passenger airlines
that serve China, Airlines for America open letter, via CNN.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
If the growth of the Chinese aviation
market is allowed to continue unchecked
and without concern for equality of access
in the market, flights will continue to be
relinquished to Chinese carriers at the
expense of U.S. workers and businesses, Airlines for America open letter, via CNN.
CNN reports that the Biden administration said in February
that it would allow Chinese airlines to increase the
number of direct passenger flights to the United States.
At the time, U.S. officials granted Chinese carriers
approval to make 50 weekly round-trip flights,
increased from 35 amid the COVID-19 pandemic.
Prior to the pandemic,
over 150 weekly
flights were allowed. .
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden.
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden
Credit: Wibbitz Top Stories Duration: 01:31Published
United Airlines Among , Major US Carriers Facing, Intense Scrutiny Over Incidents .
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
Unfortunately, in the past
few weeks, our airline has
experienced a number of
incidents that are reminders
of the importance of safety. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
While they are all unrelated,
I want you to know that these
incidents have our attention
and have sharpened our focus. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
Kirby went on to reassure
travelers that steps were being
taken to address the ongoing issues. .
In the past few years,
we've done a lot at United
to build a new culture, improve
our business and earn your trust, Scott Kirby, United Airlines CEO, via 'Newsweek'.
I'm confident that we'll learn
the right lessons from these
recent incidents and continue
to run an operation that puts
safety first and makes our
employees and customers proud. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
'Newsweek' recently released a timeline of incidents
involving three major U.S. airlines, comparing the
number of incidents over the past 12 months.
From March of 2023 to March of 2024,
American Airlines had 63 incidents reported on
AeroInside, a website that tracks aviation incidents.
Over the same period of time,
Delta Airlines had 70 incidents
reported on AeroInside.
United Airlines tops the list with
79 incidents reported on AeroInside
between March of 2023 and March of this year
Credit: Wibbitz Top Stories Duration: 01:31Published
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Experts Approach Omicron , With Cautious Optimism.
Experts Approach Omicron , With Cautious Optimism.
CNBC reports per the World Health Organization,
the Omicron variant is now known to have caused..
Credit: Wibbitz Top Stories Duration: 01:30Published
Omicron Is Spreading Faster
Than Any Other Variant, , WHO Director Warns.
The Director-General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, made the comments during a Dec. 14..
Credit: Wibbitz Top Stories Duration: 01:31Published