Aug 08 Pfizer continues pandemic-revenue buying spree with $5.4 billion hematology deal By Tom Murphy, Michelle Chapman, Associated Press Pfizer is buying sickle cell drug maker Global Blood Therapeutics in an approximately $5.4 billion deal as it looks to accelerate growth after its revenue soared during the pandemic. Continue reading
Aug 07 Watch 2:31 News Wrap: Cease-fire takes effect in Gaza after days of violent conflict In our news wrap Sunday, a cease-fire in Gaza has gone into effect after days of Israeli strikes and militant counterattacks, the U.S. Senate passed a sprawling bill to fight climate change and lower healthcare costs, Biden cleared from isolation… Continue watching
Aug 05 Watch 5:11 News Wrap: Israeli airstrikes pound Gaza killing at least 10, wounding dozens In our news wrap Friday, Israeli strikes pounded Gaza killing at least 10 including a militant commander, Russia's foreign minister says Moscow is open to discussing a prisoner exchange involving American WNBA star Brittany Griner, deadly house fire in Pennsylvania… Continue watching
Aug 05 Watch 5:47 Hiring surged in July as U.S. economy exceeds expectations despite inflation, rate hikes By John Yang The U.S. has now regained all the jobs it lost during the COVID pandemic, in spite of concerns about rising inflation and a possible recession. Employers added 528,000 jobs last month, more than double what economists predicted. Meanwhile, unemployment fell… Continue watching
Aug 05 U.S. employers added 528,000 jobs, and unemployment falls to 3.5 percent By Paul Wiseman, Associated Press Most economists believe the strong jobs market has kept the economy from slipping into a downturn. Continue reading
Aug 05 With recession anxiety growing, hiring may be cooling off By Paul Wiseman, Associated Press The unemployment rate is expected to remain at 3.6% — just off a 50-year low — for the fifth consecutive month. Continue reading
Aug 04 In surprise vote, Senate to overturn Biden environmental rule By Matthew Daly, Associated Press Manchin, a key player on energy and climate issues and a swing vote in the closely divided Senate, joined with Republicans to support the measure, which was approved 50-47. Continue reading
Aug 04 Watch 5:42 News Wrap: Biden administration declares monkeypox a public health emergency In our news wrap Thursday, the Biden administration declared a public health emergency over monkeypox as the number of U.S. cases passed 6,600, President Biden tests positive for COVID for a sixth consecutive day, China retaliates in a dispute over… Continue watching
Aug 04 Watch 8:00 ‘TeamSeas’ uses YouTube to tackle the global plastic problem By Paul Solman Social media can certainly motivate people for good and otherwise. Calls to action to clean up the oceans, rivers, and beaches have galvanized volunteers and gone viral. But given the magnitude of the problem, how should we assess the impact?… Continue watching
Aug 04 More than 700 Amazon workers at UK warehouse stop work to protest pay By Associated Press It's the latest sign of workplace friction stoked by Britain's cost of living crisis and the growing discontent among Amazon's warehouse workers over wage and working conditions. Continue reading