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Dr. Scott Gottlieb told CNBC on Monday the highly transmissible delta Covid variant, first discovered in India, could present challenges to U.S. schools this fall given lower vaccination rates among children. “I think the reality is that kids are becoming more likely to be vectors of these new variants,” the former Food and Drug Administration commissioner said
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In this article AAL American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC American Airlines said it canceled hundreds of flights this weekend due to staffing shortages, maintenance and other issues, challenges facing the carrier as travel demand surges toward pre-pandemic levels. About 6% of the airline’s schedule, or 180 flights, were canceled on
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Though the Acropolis has reopened, Greece is currently under lockdown-type restrictions with a nighttime curfew and store and restaurant closures. Matteo Colombo | Moment | Getty Images Major airlines are racing to add new trans-Atlantic service now that tourist-reliant countries like Croatia, Greece, Iceland and Italy have started allowing visitors from the U.S. and other
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COPENHAGEN, DENMARK – JUNE 12: Christian Eriksen of Denmark gestures during the UEFA EURO 2020 Group B match between Denmark and Finland at Parken Stadium on June 12, 2021 in Copenhagen, Denmark. Lars Ronbog | FrontzoneSport | Getty Images Christian Eriksen will be fitted with a heart-starting device (ICD) after suffering a cardiac arrest during
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Oil prices rose on Tuesday, setting up a challenging situation for the head of the Federal Reserve before Wednesday’s meeting, CNBC’s Jim Cramer said. “The surging price of crude … makes life difficult for Fed Chief Jay Powell,” Cramer said on “Mad Money.” “Even as many other commodities have actually now fallen, and some falling
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General Electric‘s aviation unit and its joint-venture partner Safran of France on Monday said they are developing new airplane engines that aim to cut emissions by more than a fifth of today’s levels. GE Aviation and France’s Safran together produce some of the most commonly used aircraft engines under their CFM joint venture. Together they
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In this article F GM A sign is unveiled at General Motors Detroit-Hamtramck Assembly on Oct. 16, 2020, introducing the facility’s new name: Factory Zero, Detroit-Hamtramck Assembly Center. GM After years of come-and-gone predictions that battery-powered sedans, pickups and SUVs would replace gas-guzzling, emissions-spewing models, the shift to electric vehicles is revving up. Beyond EV
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In this article NGCA SPCE Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit, the satellite-launching spinoff of Sir Richard Branson’s Virgin
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A former Commodity Futures Trading Commission chairman is calling for more regulation of stablecoins, or cryptocurrencies created to be pegged to other assets like fiat money. Timothy Massad, who led the commission during much of the Obama administration’s second term, told CNBC’s Jim Cramer that investors would benefit from more transparency in the wake of
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In this article BIIB Dementia expert Dr. Jason Karlawish told CNBC he’s skeptical of the Food and Drug Administration’s approval of Biogen‘s Alzheimer’s disease drug, Aduhelm, saying “the evidence to approve the drug wasn’t sufficient.” “Another study is needed to establish whether this drug, in fact, is effective. Unfortunately, the FDA approved the drug for
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