Medical personnel is given the Pfizer-Biontech Covid-19 corona virus vaccine at the Favoriten Clinic in Vienna, Austria, on December 27, 2020 on the occasion of the Pfizer-BioNTech Covid-19 corona virus vaccine rollout. Georg Hochmuth | AFP | Getty Images The…
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Dr. Scott Gottlieb says eligibility should be expanded
The U.S. should expand coronavirus vaccine eligibility in order to ensure more Americans receive shots in the coming weeks, Dr. Scott Gottlieb told CNBC on Monday. “Right now, every shot in an arm is a win,” Gottlieb said on “Squawk…
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UK decision to delay second Covid vaccine shot endorsed by advisers
A pharmacist dilutes the Pfizer COVID-19 vaccine while preparing it to administer to staff and residents at the Goodwin House Bailey’s Crossroads, a senior living community in Falls Church, Virginia, on December 30, 2020. Brendan Smialowski | AFP | Getty…
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5 things to know before the stock market opens January 4, 2021
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to pick up where 2020 left off Traders work on the floor of the NYSE on Dec. 31st, 2020….
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UK rolls out AstraZeneca-Oxford vaccine
UK Prime Minister Boris Johnson poses for a photograph with a vial of the AstraZeneca/Oxford University Covid-19 candidate vaccine. WPA Pool | Getty Images News | Getty Images LONDON — The U.K. has started rolling out the coronavirus vaccine developed…
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Doctors criticize UK health officials for changing Pfizer Covid vaccine plan
A nurse prepares to administer the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London, Britain December 8, 2020. Frank Augstein | Reuters Doctors in the United Kingdom are pushing back on health officials’ decision to change the vaccine schedule on…
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Trump boasts about Covid response as December becomes deadliest month yet
President Donald Trump speaking in a released video on Twitter on Dec. 31st, 2020. The White House | Twitter WASHINGTON — In the final days of 2020, the United States saw coronavirus deaths spike, cases surge to staggering levels, hospitals strained…
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Oxford researcher says future strains can be protected against
Sir John Bell, a professor at Oxford University in the U.K., told CNBC on Wednesday he was confident that Covid-19 vaccines could be retooled to provide effective protection against future coronavirus mutations. Bell’s comments on “Closing Bell” come as global…
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Colorado health officials say are investigating a second suspected case
Gov. Jared Polis and officials announced Denver and a number of other Colorado counties will be moved to Level Red on a newly revamped version of the state”u2019s color-coded COVID-19 dial at Boettcher Mansion in Denver, Colorado on Tuesday. November…
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. McConnell blocks $2,000 stimulus checks Senate Majority Leader Mitch McConnell (R-KY) speaks at a news conference with other Senate Republicans at the…
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Oxford-AstraZeneca Covid vaccine approved by UK regulator
A Brazilian doctor voluntarily receives an injection as part of phase 3 trials of a vaccine developed by the University of Oxford and British pharmaceutical company AstraZeneca, in July 2020. Nelson Almeida | AFP | Getty Images LONDON — The…
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U.S. confirms first case in Colorado
A person gestures towards a sign with a public health information message, amid the spread of the coronavirus disease (COVID-19), as new restrictions come into force, in London, Britain, December 20, 2020. Toby Melville | Reuters The first case of…
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U.S. to fall short of goal to vaccinate 20 million by year’s end
With only a few days to go, the United States will likely fall short of its goal to vaccinate 20 million Americans by the year’s end as the nation embarks on what will be a historic campaign to inoculate hundreds…
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UK expected to approve Oxford-AstraZeneca Covid vaccine this week
A laboratory technician supervises filling and packaging tests for the large-scale production and supply of the University of Oxfords COVID-19 vaccine candidate, AZD1222, conducted on a high-performance aseptic vial filling line on September 11, 2020 at Catalent in Anagni, Italy….
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U.K. government confirms second strain of coronavirus
A pedestrian wearing a face mask or covering due to the COVID-19 pandemic, walks in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images WASHINGTON — A second new and potentially more infectious variant of the novel…
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Shipping delays have hurt holiday sales, says Fanatics’ Michael Rubin
Michael Rubin, executive chairman of online sports apparel giant Fanatics, told CNBC on Wednesday that retail sales this holiday season have been negatively impacted by shipping challenges. “There’s been so much pressure on the different shipping networks to deliver, I…
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Covid aid package gives airlines $15B if they recall furloughed workers
Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on September 9, 2020. Kamil Krzaczynski | AFP | Getty Images U.S. airlines have begun the complicated process of calling back 32,000 workers they furloughed this…
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Sorrento Therapeutics’ antibodies injection, nose drops to fight Covid
Medical staff member Christina Mathers attends to a patient, who is unconscious, as she holds the patient’s hand in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 21, 2020 in Houston, Texas. Go Nakamura…
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Will the U.S. trust it?
The U.S. began vaccinating the population against the coronavirus last week, but mass adoption is not a guarantee. Nearly 4 in 10 Americans say they would “definitely” or “probably” not get a vaccine, according to a Pew Research Center survey…
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Trump slams Covid stimulus bill U.S. President Donald Trump waves as he departs on the South Lawn of the White House, on…
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Some level of herd immunity may be reached by end-2021
SINGAPORE – The world must remain vigilant for the next six months, while the coronavirus vaccine is rolled out as it will take time before most of the population receive their vaccinations, the World Health Organization’s chief scientist told CNBC….
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West Virginia Gov. Jim Justice on nursing home rollout
West Virginia is on track to administer Covid-19 vaccines at all of its long-term care facilities by the end of this year, Republican Gov. Jim Justice told CNBC on Tuesday. It would mark a significant milestone in West Virginia’s efforts…
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Take first one available to you, says Mayo Clinic CEO
Dr. Gianrico Farrugia, CEO of the Mayo Clinic, is urging Americans to take the first Covid-19 vaccine available to them. “My message is very simple: Don’t wait for a particular vaccine,” he told CNBC’s “Squawk Box” on Tuesday. “Get the…
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5 things to know before the stock market opens December 22, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow headed for a higher open after Capitol Hill finally delivers on stimulus Ornaments on the New York Stock Exchange (NYSE) holiday…
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Treasury yields fall amid fears of new coronavirus strain
U.S. government debt prices rose on Tuesday as investor sentiment was shaken by a fast-spreading new coronavirus strain in the U.K. The yield on the benchmark 10-year Treasury note sank to around 0.918%, while the yield on the 30-year Tresury…
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‘This is already in the U.S.,’ says Dr. Gottlieb
Former FDA chief Dr. Scott Gottlieb warned that the highly contagious, new mutation of Covid-19 found in the United Kingdom “is already in the U.S.” as more than 40 countries ban travel to and from the U.K. for 48 hours…
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European Medicines Agency authorizes Pfizer vaccine for use in the EU
A healthcare worker holds a coronavirus disease (COVID-19) vaccine vial at Dignity Health Glendale Memorial Hospital and Health Center in Glendale, California, U.S., December 17, 2020. Lucy Nicholson | Reuters Europe’s medicines regulator on Monday authorized Pfizer and BioNTech’s coronavirus…
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Covid relief bill includes about $8 billion for vaccine distribution
Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters The $900 billion coronavirus relief package agreed to by lawmakers allocates $8…
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5 things to know before the stock market opens December 21, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street under pressure on concerns about new Covid strain Traders work on the floor of the NYSE. NYSE 2. Doctors say…
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Covid vaccines will protect against new strains of the virus: Doctor
SINGAPORE — Existing vaccines for Covid-19 will be effective in fighting off infection from new strains of the coronavirus, a U.S. doctor told CNBC this week. His comments came after the U.K. on Saturday said it identified a new mutation…
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Moderna Covid vaccine FDA approved for emergency use
The Food and Drug Administration has approved Moderna‘s coronavirus vaccine for emergency use. The vaccine — the second approved for use in the U.S. behind Pfizer and BioNTech‘s — bolsters the U.S. supply of doses. The potentially lifesaving shots are…
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Dr. Scott Gottlieb expects shortages to last through next week
Dr. Scott Gottlieb told CNBC on Friday he expects a shortage of Covid-19 vaccine doses to continue past next week, even if the Food and Drug Administration issues emergency use authorization for Moderna’s vaccine. “I’ve talked to hospitals. They’re vaccinating far…
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CVS Health, Walgreens start inoculations at nursing homes
A healthcare worker at the Portland Veterans Affairs Medical Center receives COVID-19 a vaccination on December 16, 2020 in Portland, Oregon. The first rounds of Pfizer’s vaccine were administered in Oregon on Wednesday. Nathan Howard | Getty Images For nursing…
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5 things to know before the stock market opens December 18, 2020
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set for a steady open after Dow, S&P 500, Nasdaq closed at records U.S. stock futures were little changed Friday,…
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FDA panel recommends emergency approval
An influential Food and Drug Administration advisory panel on Thursday overwhelmingly backed Moderna‘s coronavirus vaccine, a key step paving the way to distribute the second Covid-19 vaccine in the United States next week. The nonbinding decision, which was adopted 20…
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Hospital CEOs see skeptical employees eventually taking it
Some health-care workers are hesitant to receive coronavirus vaccinations, but hospital CEOs told CNBC on Thursday they expect attitudes to shift after a larger percentage of employees are immunized. “I think shortly everybody will want to take it,” Will Ferniany,…
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You can’t sue Pfizer or Moderna over side effects
If you experience severe side effects after getting a Covid vaccine, lawyers tell CNBC there is basically no one to blame in a U.S. court of law. The federal government has granted companies like Pfizer and Moderna immunity from liability…
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5 things to know before the stock market opens December 17, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. S&P 500 set to open above its record close level Even as strong as the Nasdaq’s over 40% rise has been in 2020,…
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Putin calls on public to take the coronavirus vaccine
Russian President Vladimir Putin seen speaking on the screen during his annual press conference, on December 17, 2020, in Moscow, Russia. Mikhail Svetlov | Getty Images News | Getty Images LONDON — Russia’s President Vladimir Putin called on the public…
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What to expect from a skiing holiday this winter
When a Covid-19 outbreak emerged at one of Rob Katz’s Colorado ski resorts in March, he knew it was going to be a game changer. “It was a defining moment,” the Vail Resorts CEO told CNBC. “I immediately felt a…
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Singapore foreign minister on Covid vaccines, global outlook for 2021
SINGAPORE — The rollout of Covid-19 vaccines in Singapore will help the economy to recover — but will not take it back to what it was before the pandemic, the country’s Minister for Foreign Affairs Vivian Balakrishnan said on Thursday….
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U.S. quarantines Pfizer shipments in California, Alabama after transit ‘anomaly’
Pfizer’s Covid-19 vaccine is pictured at Rady Children’s Hospital before it’s placed back in the refrigerator in San Diego, California on December 15, 2020. Adriana Drehsler | AFP | Getty Images U.S. officials said Wednesday they quarantined several thousand doses…
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5 things to know before the stock market opens December 16, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to extend Tuesday’s rally U.S. stock futures were higher after Tuesday’s rally as investors grew more optimistic about Washington reaching…
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Prisoners have been excluded from Covid vaccine plans
A protester waves a “Black Lives Matter” flag across the street during the demonstration. Representatives from various organizations including Free the People Roc and HALT (Humane Alternatives to Long-term) travelled to Elmira Correctional Facility from across the state to protest…
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Covid vaccine ‘game changer’ for air travel
JetBlue CEO Robin Hayes told CNBC on Tuesday he was optimistic that the deployment of coronavirus vaccines would help kick-start demand for air travel around the world, drawing on his experience with his own family. “Just before coming on this show, I…
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United Airlines starts flying Pfizer vaccine on U.S. passenger flights
United is the first commercial airline to fly the first FDA-authorized COVID-19 vaccines to the U.S. thanks to a coordinated effort between cargo, safety, technical operations, flight operations and several other teams at United. On behalf of Pfizer, United operated…
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5 things to know before the stock market opens December 15, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to rise after fears of Covid restrictions wiped out Monday’s gains Traders work on the floor of the New York Stock…
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‘Lockdown is where we’re headed’
The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are…
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Covid vaccine may be available at CVS, Walgreens stores in early spring
Health-care workers across the U.S. received Covid-19 vaccinations Monday, the first Americans to do so outside of a clinical trial. It will still be several months, however, before the average person can walk into their local drugstore or grocery store…
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U.S. death toll tops 300,000 as vaccine rollout begins
A patient who died lays in a body bag inside a coronavirus disease (COVID-19) unit at United Memorial Medical Center as the United States nears 300,000 COVID-19 deaths, in Houston, Texas, U.S., December 12, 2020. Callaghan O’Hare | Reuters The…
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New Jersey Gov. Phil Murphy optimistic on rollout
Democratic Gov. Phil Murphy on Monday expressed optimism about the rollout of a Covid-19 vaccine in New Jersey, but he urged the state’s residents to continue following public health protocols as hospitalizations rise. “We’re still in the thick of things,”…
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DoorDash, Airbnb, Denny’s, Virgin Galactic, Arvinas
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell…
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U.S. passed on more Pfizer doses in November, says board member Gottlieb
The U.S. government turned down an offer to secure more doses of Pfizer‘s Covid-19 vaccine in November, company board member Dr. Scott Gottlieb told CNBC on Monday. The Trump administration in July locked in a deal for 100 million doses…
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Trump health officials discuss Pfizer Covid vaccine as U.S. begins administering shots
[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Officials from the Health and Human Services Department and Pentagon are holding a joint briefing…
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Pfizer’s CEO hasn’t gotten his Covid vaccine yet, saying he doesn’t want to cut in line
Pfizer CEO Albert Bourla hasn’t received his company’s Covid-19 vaccine shot yet, saying Monday he and other executives will not “cut the line” as U.S. officials kick off a massive effort to distribute the vaccine across the country. The vaccine,…
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Biden advisor urges trust, says politics didn’t sway approval
A health advisor to President-elect Joe Biden on Monday urged Americans to have confidence in Covid-19 vaccines, telling CNBC the regulatory review for the Pfizer-BioNTech vaccine adhered to scientific protocols. “We know that this process that has been used by…
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5 things to know before the stock market opens December 14, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set for higher open as Pfizer’s vaccine rolls out Traders work the floor of the New York Stock Exchange. NYSE Dow futures…
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How and when will I get it?
The first Covid vaccine has just been cleared for emergency use in the U.S. Late Friday, the Food and Drug Administration authorized the Pfizer-BioNTech coronavirus inoculation for distribution across the country. Within hours, FedEx and United Parcel Service will begin…
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CDC panel clears Pfizer Covid vaccine for people over age of 16
CDC headquarters in Atlanta Elijah Nouvelage | Bloomberg via Getty Images A key U.S. Centers for Disease Control and Prevention panel voted unanimously to recommend Pfizer-BioNTech’s Covid-19 vaccine for people 16 years and older on Saturday, clearing another pivotal hurdle…
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Pfizer’s Covid vaccine approved by FDA for emergency use
The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the…
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CDC monitors for Bell’s palsy among Pfizer vaccine recipients, sees no causal relationship
A man receives the first of two Pfizer/BioNTech Covid-19 vaccine jabs, at Guy’s Hospital in London on December 8, 2020. Victoria Jones | AFP | Getty Images The U.S. federal government will continue to monitor occurrences of Bell’s palsy —…
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White House threatens to fire FDA chief unless Covid vaccine OKed Friday: reports
U.S. President Donald Trump and Stephen Hahn, Director of the Food and Drug Administration participate in the daily coronavirus task force briefing at the White House on April 24, 2020 in Washington, DC. Drew Angerer | Getty Images White House…
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Walgreens may begin Covid vaccinations at nursing homes before Christmas
A pharmacist helps a customer at a Walgreens pharmacy in Wheeling, Illinois. Getty Images Walgreens said it expects to get its first doses of the Covid-19 vaccine on Dec. 21 and start giving shots to nursing home residents and staff…
Read More Dr. Archana Chatterjee explains her FDA panel ‘no’ vote on Pfizer Covid vaccine
Dr. Archana Chatterjee, a member of the FDA advisory panel who voted against recommending Pfizer‘s Covid-19 vaccine for emergency use, told CNBC on Friday that her opposition was because she did not believe 16- and 17-year-olds should be included right…
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FDA chief says agency will quickly approve Pfizer’s Covid vaccine for emergency use
A vial of the Pfizer/BioNTech COVID-19 vaccine is seen ahead of being administered at the Royal Victoria Hospital in Belfast, Northern Ireland December 8, 2020. Liam McBurney | Pool | Reuters The U.S. Food and Drug Administration is “rapidly” working…
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5 things to know before the stock market opens December 11, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop as stimulus talks stall Traders work on the floor of the New York Stock Exchange. Source: NYSE The Dow…
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Shorting stocks is ‘crazier’ than buying Airbnb, DoorDash here
Major stock averages have rallied double digits from early November, but CNBC’s Jim Cramer said this is not the time to bet against the stock market or some of the best-performing components on the market. “The backdrop is too positive…
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FDA panel recommends approval for emergency use
A key Food and Drug Administration advisory panel on Thursday recommended the approval of Pfizer and BioNTech’s coronavirus vaccine for emergency use in people over 16 years old, the last step before the FDA gives the final OK to broadly…
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FDA advisory panel meets today to vote on whether to recommend approval of Pfizer’s Covid vaccine
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] A Food and Drug Administration panel is meeting Thursday to vote on whether to recommend…
Read More Side effects are signs shot is building protection, says ex-FDA chief
Side effects from Covid-19 vaccines are indications that the shots are helping build protection against the disease, former FDA chief Dr. Margaret Hamburg told CNBC on Thursday. “The data does tell us that this vaccination causes some reaction at the time…
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Google search panels tackle misinformation about Covid vaccines
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images LONDON — Google on Thursday rolled out new information…
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5 things to know before the stock market opens December 10, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to open lower after Wednesday’s drop from record highs U.S. stock futures pointed to a lower open, with investors watching Thursday’s…
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6 things to know before FDA panel votes today
A vial of the Pfizer/BioNTech COVID-19 vaccine. Liam McBurney | Reuters A Food and Drug Administration panel is scheduled to vote Thursday on whether to recommend the approval of Pfizer and BioNTech’s coronavirus vaccine for emergency use. The non-binding decision…
Read More Pfizer-BioNTech vaccine documents ‘unlawfully accessed’ in EMA hack
A man receives the first of two Pfizer/BioNTech Covid-19 vaccine jabs, at Guy’s Hospital in London on December 8, 2020. Victoria Jones | AFP | Getty Images LONDON —Documents related to the development of the Pfizer-BioNTech Covid-19 vaccine have been…
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China may be using its vaccines to expand its soft power
Chinese President Xi Jinping learns about the progress on scientific research on a coronavirus vaccine and antibody during his visit to the Academy of Military Medical Sciences in Beijing, capital of China, March 2, 2020. Ju Peng | Xinhua News…
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FDA will likely scrutinize allergic reactions to Pfizer’s vaccine in UK before clearing use in U.S.
The two allergic reactions reported by U.K. health-care workers vaccinated against Covid-19 will likely be scrutinized by the Food and Drug Administration as it decides whether to authorize Pfizer‘s vaccine in the U.S. — though the incident shouldn’t be surprising,…
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Dry ice sales skyrocket as hospitals prepare to deliver shots
The ultra-cold temperatures required for storing the Covid-19 vaccine developed by U.S. pharmaceutical giant Pfizer and Germany-based BioNTech has driven a buying frenzy for freezers and dry ice. However, large-scale freezers units are expensive — and with hospital budgets already…
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U.S. plans to ship 2.9 million Covid doses as early as the end of this week
General Gustave Perna, chief operating officer for the Defense Department’s Project Warp Speed, speaks during an Operation Warp Speed vaccine summit at the White House in Washington, D.C., U.S., on Tuesday, Dec. 8, 2020. Al Drago | Bloomberg | Getty…
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New vaccine billionaires gain wealth as Moderna, Pfizer shares soar
The soaring shares of vaccine makers has created a new wave of billionaires, raising questions about pandemic profits amidst an increasingly unequal recovery. The surge in shares of BioNTech, the German biotech firm that’s partnering with Pfizer on its vaccine,…
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Trump administration officials discuss Covid vaccine distribution
[The stream is slated to start at 12:40 p.m. ET. Please refresh the page if you do not see a player above at that time.] The departments of Health and Human Services and Defense are holding a joint briefing Wednesday…
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Rich nations accused of hoarding doses
Nurse Paula McMahon (R) prepares a dose of the Pfizer-BioNTech Covid-19 vaccine for Grace Thomson (L) at the Louisa Jordan Hospital in Glasgow on December 8, 2020 as Britain starts is biggest ever vaccination program. Jeff J. Mitchell | AFP…
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5 things to know before the stock market opens December 9, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to add to Tuesday’s record close The S&P 500 saw its first close over 3,700 as Wall Street has gotten off…
Read More Oxford-AstraZeneca vaccine to immunize the planet ‘more effectively,’ Lancet editor says
Staff at CSL are working in the lab on November 08, 2020 in Melbourne, Australia, where they will begin manufacturing AstraZeneca-Oxford University COVID-19 vaccine. Darrian Traynor | Getty Images LONDON — The Oxford-AstraZeneca coronavirus vaccine has a “distinct comparative advantage”…
Read More Pfizer jab warning for people with history of significant allergic reactions
Deputy charge nurse Katie McIntosh administers the first of two Pfizer/BioNTech COVID-19 vaccine jabs, to Vivien McKay Clinical Nurse Manager at the Western General Hospital, on the first day of the largest immunisation programme in the British history, in Edinburgh,…
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What it’s like in Pfizer, Moderna trials
The Pfizer–BioNTech coronavirus vaccine is both safe and effective, according to the U.S. Food and Drug Administration. In a report released Tuesday morning, the FDA indicated that it could greenlight the country’s first Covid-19 inoculation within days. If Pfizer’s shot…
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Fauci says virus could be under control in ‘back half of 2021’
Anthony Fauci, MD, Director, National Institute of Allergy and Infectious Diseases, National Institutes of Health, testifies during a U.S. Senate Senate Health, Education, Labor, and Pensions Committee Hearing to examine COVID-19, focusing on an update on the federal response at…
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Here’s what you need to know
Margaret Keenan, 90, is applauded by staff as she returns to her ward after becoming first patient in Britain to receive the Pfizer/BioNtech COVID-19 vaccine at University Hospital, at the start of the largest ever immunisation programme in the British…
Read More FDA says Pfizer Covid vaccine provides some protection after first dose, meets success criteria
The Food and Drug Administration said Tuesday data from Pfizer’s coronavirus vaccine trials was consistent with recommendations put forth by the agency for an emergency use authorization, adding the vaccine was highly effective and did not raise any specific safety…
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U.S. declined Pfizer offer for more doses, says Scott Gottlieb
Dr. Scott Gottlieb, a member of Pfizer’s board, told CNBC on Tuesday the company’s offers to provide the U.S. additional doses of its coronavirus vaccine in 2021 was declined by the Trump administration. The government in July agreed to a deal with…
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Bill Gates says six Covid vaccines could be available by spring 2021
Bill Gates, founder of Microsoft and the Bill & Melinda Gates Foundation. Lintao Zhang | Getty Images News | Getty Images SINGAPORE — Bill Gates has predicted there could be as many as half a dozen Covid-19 vaccines approved and…
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FDA may authorize Pfizer’s this week
Dr. Joseph Varon, left, and other medical staff member talk to a patient in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 6, 2020 in Houston, Texas. Go Nakamura | Getty Images The Food…
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Can you be fired if you refuse the Covid vaccine?
Vials with Covid-19 Vaccine stickers attached and medical syringe with the US pharmaceutical company Pfizer and BioNTech German biotechnology company logos. Vincent Kalut | Photonews | Getty Images The country’s first Covid vaccine could be authorized for emergency use as…
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5 things to know before the stock market opens December 7, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop after a day of records not seen in nearly 3 years New York Stock Exchange building is seen decorated…
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UK to rollout Covid vaccine Tuesday
Nurses at the Royal Free Hospital, London, simulate the administration of the Pfizer vaccine to support staff training ahead of the rollout, on December 5, 2020 in London, England. WPA Pool | Getty Images News | Getty Images The U.K….
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WHO holds a press briefing on Covid as countries prepare to distribute vaccine
[The stream is slated to start at 11:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization is holding a briefing Friday on the coronavirus pandemic as countries…
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5 things to know before the stock market opens December 4, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow tracked for a gain ahead of November jobs report Traders work on the floor of the New York Stock Exchange. NYSE The…
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Brent to drop to $45 in 2021 despite good news on Covid vaccine
SINGAPORE — Fitch Ratings expects Brent prices to drop to $45 per barrel in 2021 — even though there’s good news on the vaccine front, the credit rating agency said this week. That’s close to 9% lower than what a…
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Kroger prepared to start distribution, says CEO
Kroger CEO Rodney McMullen on Thursday expressed confidence about the distribution of coronavirus vaccines at its pharmacies, telling CNBC the grocer was “ready and anxious to get started.” “We’re definitely prepared,” he said on “Closing Bell,” adding the company has…
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Fauci walks back critical remarks of UK’s authorization
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attends a briefing by the White House coronavirus task force in the Brady press briefing room at the White House in Washington, U.S., November 19, 2020. Leah…
Read More Why Pfizer's Covid vaccine has been authorized in the U.K. but not the U.S. yet
Pfizer had been submitting data on its vaccine on a “rolling basis” to the U.K., meaning regulators there were able to review the data in real-time.
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Warp Speed’s supply director urges patience on Covid vaccine
Operation Warp Speed’s director of supply production and distribution put out an estimated timetable on Covid-19 vaccine availability across the United States. In an interview on CNBC’s “The News with Shepard Smith” on Wednesday evening, Lt. Gen. Paul Ostrowski (Ret.)…
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The UK’s Pfizer Covid vaccine rollout: How it will happen
A nurse prepares to administer a flu vaccination to a man. NurPhoto | NurPhoto | Getty Images The U.K. was the first country in the world to approve Pfizer and BioNTech’s groundbreaking coronavirus vaccine on Wednesday for widespread use. In…
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Jim Cramer says pent-up demand to define the next leg of the bull run
CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the…
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WHO says Covid vaccine approval is a first step, demand must be created
Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters Approving a coronavirus vaccine is only the first step toward suppressing…
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Salesforce, Palantir, Zoom, Tesla & more
Check out the companies making headlines in midday trading. Palantir — The tech company slid more than 10% after Morgan Stanley downgraded the stock to underweight. The firm said Palantir now trades at a “significant premium” to its peers following…
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Dr. Scott Gottlieb sees Covid vaccine in ‘rationing’ mode into the spring
Dr. Scott Gottlieb told CNBC on Wednesday the availability of coronavirus vaccine doses is likely to be limited in the next few months should U.S. regulators grant emergency approval later this month. “We’re going to be in this sort of rationing…
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UK approves Pfizer coronavirus vaccine: Who could be next?
A health worker wearing a protective mask works in a lab during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida, U.S. Eva Marie Uzcategui | Bloomberg | Getty Images LONDON — The U.K.’s decision…
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5 things to know before the stock market opens December 2, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop despite U.K. approval of Covid-19 vaccine Economists expect Wednesday’s monthly ADP report on private sector jobs to show that…
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Roche’s coronavirus antibody test gets emergency use authorization from the U.S.
A healthcare worker performs laboratory tests. Sergei Karpukhin | TASS | Getty Images Roche received emergency use authorization (EUA) from the U.S. Food and Drug Administration for a new test that measures coronavirus antibodies within the blood. The Swiss diagnostics…
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CDC panel says health workers, nursing homes will get vaccine first
Medical staff members prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 intensive care unit (ICU) during Thanksgiving at the United Memorial Medical Center on November 26, 2020 in Houston, Texas. Go Nakamura | Getty Images…
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White House summons FDA chief to discuss why agency isn’t moving faster on vaccine
FDA Commissioner Dr. Stephen M. Hahn speaks as US President Donald Trump listens during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room of the White House in Washington, DC on April 21, 2020. Mandel Ngan…
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CDC panel set Tuesday to vote who gets vaccine first
A Centers for Disease Control and Prevention panel is set to vote Tuesday on who will be first in line to get the coronavirus vaccine. The meeting with the Advisory Committee on Immunization Practices, or ACIP, an outside group of…
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Pfizer, BioNTech apply for coronavirus vaccine approval in Europe
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters U.S. pharmaceutical giant Pfizer and its…
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Zoom Video, Sunnova Energy, BioNTech & more
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty…
Read More Goldman predicts how quickly Covid-19 vaccines will be rolled out
A health worker injects a person during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Investment bank Goldman Sachs has forecast that more than 70% of…
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Moderna Covid vaccine is 94.1% effective, plans to apply for emergency OK Monday
Moderna said Monday it will request emergency clearance from the Food and Drug Administration for its coronavirus vaccine after new data confirms the vaccine is more than 94% effective in preventing Covid-19 and was safe. Moderna is the second drugmaker…
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China vaccines have an ‘appeal’ in developing countries
An exhibitor shows inactivated COVID-19 vaccine candidate from China National Biotec Group of Sinopharm Group during the 2020 China International Fair for Trade in Services at the Beijing Olympic Park on September 5, 2020 in Beijing, China. Han Haidan |…
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Birx hopes to brief Biden Monday on coronavirus
Response coordinator for White House Coronavirus Task Force Deborah Birx speaks as President Donald Trump listens during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room of the White House in Washington, DC on April 21,…
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Ultra-cold freezer maker sees surge in demand
So-Low Environmental Equipment, a maker of ultra-cold freezers, is seeing a surge in demand for its products in anticipation of coronavirus vaccine distribution, leading to an inventory backlog despite its efforts to prepare. “Right now, we are out of everything,”…
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Challenges Pfizer faces distributing Covid 19 vaccine to the masses
A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Pfizer logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters A Covid-19 vaccine is expected to…
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Biden team receives Operation Warp Speed briefing after weeks of delays
WASHINGTON — President-elect Joe Biden‘s transition team has been briefed on America’s response to the Covid-19 pandemic, Health and Human Services Secretary Alex Azar told reporters Tuesday. Azar said that on Monday evening Rear Adm. Erica Schwartz, the official leading the transition…
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U.S. to test run Covid vaccine distribution networks as it awaits FDA clearance in ‘just a few weeks’
Alex Azar speaks at Operation Warp Speed press conference, November 24, 2020. Source: CNBC The U.S. federal government is conducting a practice run this week of its coronavirus vaccine distribution networks with some test shipments as the drugs await emergency…
Read More Trump administration officials speak on Covid vaccine distribution
[The stream is slated to start at 11:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] The departments of Health and Human Services and Defense are holding a joint briefing Tuesday…
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Russia to charge less for Covid vaccine and to produce 1 billion doses
A worker wearing personal protective equipment holds a tray containing unlabeled ampoules of the ‘Gam-COVID-Vac’ COVID-19 vaccine, developed by the Gamaleya National Research Center for Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF). Bloomberg | Bloomberg | Getty…
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Citi on when Covid-19 vaccines will result in ‘herd immunity’ globally
A sign on the entrance to a pharmacy reads “Covid-19 Vaccine Not Yet Available” in Burbank, California on Nov. 23, 2020. Robyn Beck | AFP | Getty Images SINGAPORE — With several Covid-19 vaccine candidates showing promising trial outcomes, investors…
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White House transition could complicate vaccine distribution
A syringe is seen by the logo of Pfizer’s headquarter in Manhattan, New York City, United States on November 19, 2020. Tayfun Coskun | Anadolu Agency | Getty Images CNBC’s Jim Cramer on Monday gave a forecast of how he…
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NRF sees holiday sales up 3.6% to 5.2%, in a ‘strong finish’ to 2020
Consumers begin their Black Friday specials shopping as Macys opens their doors at 5pm on Thanksgiving Day on November 28, 2019 in New York. Bryan R. Smith | AFP | Getty Images Retailers could end up having a strong finish…
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Oxford-AstraZeneca Covid vaccine has some advantages over its peers
AstraZeneca’s building in Luton, Britain. Tim Ireland | Xinhua News Agency | Getty Images LONDON — The coronavirus vaccine being developed by AstraZeneca and the University of Oxford was found to be “highly” protective, potentially paving the way for a…
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5 things to know before the stock market opens November 23, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise after positive news on Covid vaccine, treatments 2. AstraZeneca Covid vaccine shows up to 90% efficacy A test tube labelled…
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Germany looks set to extend lockdown into December
People with face masks walk in the city center of Cologne, Germany, on November 21, 2020. NurPhoto | NurPhoto | Getty Images Germany could be preparing to extend its current lockdown into December as the number of coronavirus infections remains…
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Oxford-AstraZeneca Covid vaccine shows an average effectiveness of 70%
A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters LONDON — British pharmaceutical giant AstraZeneca on Monday said an interim analysis of clinical trials showed its…
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Coronavirus vaccine creates market winners and losers
Promising developments on the vaccine front have sparked optimism that the pandemic’s end may be in sight. But if the market trends that immediately followed positive vaccine news are any indication, some sectors will benefit a lot more than others….
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Trump coronavirus vaccine chief has had ‘no contact’ with Biden transition team
Operation Warp Speed chief advisor Dr. Moncef Slaoui has had “no contact” with the Biden administration regarding the transition process and the vaccine distribution process. Since President-elect Joe Biden won the election, President Donald Trump has refused to concede and his campaign has…
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Zebra Technologies plays key role in vaccine distribution, CEO says
Zebra Technologies has played a role in coronavirus testing to fight off the pandemic, and now the barcode company has a new role to play in preventing the deadly virus from spreading further, CEO Anders Gustaffson told CNBC’s Jim Cramer…
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Pfizer trial participant Sen. Steve Daines urges trust
Republican Sen. Steve Daines of Montana on Friday urged Americans to have confidence in the coronavirus vaccine from Pfizer and BioNTech, relying on his experience as a participant in the companies’ phase three clinical trial. The U.S. pharmaceutical giant and…
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White House ready to ship Covid vaccines if approved
President Donald Trump‘s administration is ready to help distribute coronavirus vaccines across the United States should regulators grant emergency approvals, Operation Warp Speed advisor Dr. Moncef Slaoui told CNBC on Friday. “As soon as the EUA is approved, within 24…
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U.S. reports record 187,833 new Covid cases as CDC warns against Thanksgiving travel
Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United…
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Zoom, Nikola, FireEye, Intuit & more
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video-conferencing company jumped more than 6% amid a rise in Covid-19 cases. Zoom has been one of the key “stay-at-home” trades, and shares are up…
Read More 5 things to know before the stock market opens November 20, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Investors assess vaccine news against Covid-19 case spikes Pfizer and BioNTech said they’ll apply with the FDA on Friday for emergency use authorization…
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Covid reinfection ‘highly unlikely’ for at least 6 months: Oxford study
Residents undergo a free rapid antigen nasopharyngeal swab test for Covid-19 at a testing facility set up in a school sports hall, on November 20, 2020 in Bolzano, South Tyrol, Northern Italy. PIERRE TEYSSOT | AFP | Getty Images LONDON…
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Pfizer will apply for FDA emergency use authorization
Pfizer and BioNTech will apply Friday for an emergency use authorization from the Food and Drug Administration for their coronavirus vaccine. If Pfizer’s application is approved, the vaccine will likely be limited and rolled out in phases, with health-care workers,…
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Oxford trial chief says Covid vaccine could be ready at a similar time to others
Staff at CSL are seen working in the lab on Nov. 8 in Melbourne, Australia. CSL will begin manufacturing AstraZeneca-Oxford University Covid-19 vaccine from Monday. Darrian Traynor | Getty Images News | Getty Images LONDON — The coronavirus vaccine being…
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5 things to know before the stock market opens November 19, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to extend losing streak to three sessions Dow futures pointed to a decline at Thursday’s open after two straight down sessions…
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Oxford Covid vaccine prompts immune response among all adults: Study
Brazilian pediatric doctor Monica Levi, one of the volunteers who received the COVID-19 vaccine, works at the Specialized Clinic in Infectious and Parasitic Diseases and Immunizations (CEDIPI), in Sao Paulo, Brazil, on July 24, 2020. The doctor is one of…
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WuXi Biologics CEO predicts approval for Covid-19 antibody treatment
Chris Chen, chief executive officer at China’s WuXi Biologics, expects approval for a Covid-19 antibody treatment either “late this year or early next year, ” he told CNBC. WuXi Biologics, which sells outsourced laboratory and manufacturing services to biotech companies,…
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Ex-Obama FDA chief trusts agency’s approval process
Dr. Margaret Hamburg, former Food and Drug Administration commissioner in the Obama administration, told CNBC on Wednesday that she trusts the regulatory agency will adhere to strict scientific principles as it evaluates coronavirus vaccines. “It’s an agency that is so…
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Officials speak on Warp Speed after Pfizer releases Covid vaccine data
[The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] The departments of Health and Human Services and Defense are holding a briefing Wednesday on…
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Pfizer Covid vaccine is 95% effective, plans to submit to FDA in days
Pfizer and BioNTech said Wednesday that a final data analysis found their coronavirus vaccine was 95% effective in preventing Covid-19 and appeared to fend off severe disease. The vaccine, called BNT162b2, becomes highly effective against the virus 28 days after…
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With vaccine near, how to get it to 7.8 billion people
Pfizer and Moderna released positive late-stage trial data this month showing their coronavirus vaccines were highly effective in preventing Covid-19. The news sent stock markets across the world soaring and gave business executives and world leaders some of the first…
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Dr. Scott Gottlieb urges Covid sacrifices and stimulus from Congress
Dr. Scott Gottlieb on Wednesday urged Americans to take steps to prevent coronavirus deaths, suggesting it could be the final time an aggressive pandemic response is needed in the U.S. The former FDA chief in the Trump administration also called on Washington…
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FDA to plan December meetings ahead of potential authorization
The Food and Drug Administration has asked a group of advisors to set aside three days in early December for potential meetings to discuss Covid-19 vaccines — a key step in the agency’s authorization process, according to a person familiar…
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5 things to know before the stock market opens November 18, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to resume its rally Dow futures pointed to an over 100 point gain at Wednesday’s open after a rip-roaring rally to…
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What are the ‘big challenges’ to mass producing a coronavirus vaccine
A blood sample is prepared for analysis by a laboratory technician at Accel Research Sites on August 4, 2020 in DeLand, Florida, U.S. NurPhoto | NurPhoto | Getty Images Moderna‘s announcement earlier this week that its vaccine was more than…
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Singapore’s Hummingbird Bioscience targets 2021 for Covid-19 treatment
SINGAPORE — A new Covid-19 treatment could become available in Singapore and beyond by early 2021 as homegrown biotech company Hummingbird Bioscience joins major names in making steps to combat the coronavirus. The experimental antibody therapy, which works by “building…
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GOP Sen. Rob Portman on joining Johnson & Johnson Covid vaccine trial
Sen. Rob Portman told CNBC on Tuesday that he’s participating in Johnson & Johnson‘s Covid-19 vaccine clinical trial, hoping to underscore the importance of vaccines in ending the pandemic. “The most important thing we can do right now is get…
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How much they cost, who’s bought them and how they’re stored
A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on…
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Vaccinating U.S. is a major effort
Dr. Carlos del Rio of Emory University, which is part of Moderna’s coronavirus vaccine trials, told CNBC on Monday the company’s preliminary efficacy data offers “enormous hope.” However, del Rio cautioned that it will take time for its promise to be…
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Cramer says he’s never seen such resilient stock buyers
CNBC’s Jim Cramer said Monday that a new type of investor is behaving differently during the stock market’s pandemic-era rally than what he has traditionally observed over his decades-long career on Wall Street and in financial media. “There’s a new…
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Moderna Covid vaccine could help end pandemic
Dr. Scott Gottlieb told CNBC on Monday that the devastating coronavirus pandemic could “effectively” be ended next year, following promising developments around Moderna’s Covid-19 vaccine. The Massachusetts-based biotech company on Monday announced that its coronavirus vaccine was 94.5% effective in preventing Covid-19,…
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5 things to know before the stock market opens November 16, 2020
1. Dow set to jump on more promising Covid-19 vaccine data Dow futures pointed to about a 500 point gain at Monday’s open after Moderna said its preliminary trial data showed its coronavirus vaccine was more than 94% effective. Last…
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Moderna says its coronavirus vaccine is more than 94% effective
Moderna said preliminary phase three trial data shows its coronavirus vaccine is more than 94% effective in preventing Covid-19 — a result CEO Stephane Bancel called a “game-changer.” The analysis evaluated 95 confirmed Covid-19 infections among the trial’s 30,000 participants. Moderna,…
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BioNTech CEO says life could return to normal next winter
Ugur Sahin, CEO of BioNTech. Andreas Arnold | picture alliance | Getty Images LONDON — Daily life may return to normal by next winter, according to one of the creators of the highly-anticipated prospective coronavirus vaccine by Pfizer and BioNTech….
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Europe, North America have ‘really clear’ need for Covid vaccine: Expert
With cases of the coronavirus disease still surging in the West, countries in Europe and North America have a “really clear” need for a vaccine, a medical expert said on Friday. Several European countries — including France, Germany and the…
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‘Covid cases in U.S. should peak in January’
Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC The next two to three months will be difficult for Americans as the coronavirus sweeps the nation and the second surge of the virus picks up steam, says Dr….
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5 things to know before the stock market opens November 12, 2020
1. Stocks set to drop as the Covid-19 vaccine-inspired rally pauses Dow futures pointed to an over 250 point decline at Thursday’s open as Wall Street worried about record spikes in new U.S. daily coronavirus cases. On Wednesday, the Dow…
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Moscow will work with winner of U.S. elections
A woman and her dog leave Red Square in downtown Moscow on September 24, 2020. YURI KADOBNOV | AFP | Getty Images U.S.-Russia relations are at a low point, according to the head of Russia’s sovereign wealth fund, who told…
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Pfizer CEO sold $5.6 million of stock as company announced positive data
Pfizer CEO Albert Bourla sold almost $5.6 million worth of stock on Monday, the same day the drugmaker announced positive early data on its experimental coronavirus vaccine that sent shares soaring. Shares of Pfizer jumped by almost 15% on Monday…
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The European company behind Pfizer’s Covid-19 vaccine
The logo of the biotechnology company “BioNTech” in front of the company headquarters. Arne Dedert | picture alliance via Getty Images LONDON — Before 2020, Germany’s BioNTech was a relatively little-known biotechnology company. That all changed when Covid-19 arrived. On…
Read More Coronavirus vaccine doesn’t mean a quick economic recovery: UBS’ Weber
A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on…
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Covid vaccine not ‘instant stimulus’ to U.S. economy, warns economist
A pedestrian wearing a protective face mask walks by a going out of business sign displayed outside a retail store in New York City. Noam Galai | Getty Images A Covid-19 vaccine will not result in an “instant stimulus” to…
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How Joe Biden plans to fight the coronavirus pandemic
The U.S. can expect increased Covid-19 testing, a national mask policy and the possibility of nationwide lockdowns once President-elect Joe Biden takes office Jan. 20. The Biden-Harris campaign laid out a step-by-step plan for addressing the coronavirus pandemic that includes…
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Eli Lilly says Covid antibody drugs needed even if there’s a vaccine
Eli Lilly Chairman and CEO Dave Ricks told CNBC on Tuesday the company’s coronavirus antibody drug will still be an important treatment for Covid-19, even if a widely available vaccine is brought to market. The Food and Drug Administration granted Eli…
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Good news on the vaccine, but rough months ahead
The next few months will still be difficult as virus cases continue to set new daily records in the U.S., an infectious disease doctor said this week in spite of promising news from vaccine trials. That’s because a vaccine won’t…
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Travel companies see it as ‘welcomed step’
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus. Jeff Greenberg | Universal Images Group | Getty Images Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their…
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