Pfizer Says Tweaked COVID-19 Shots Boost Omicron Protection | Business News

By LAURAN NEERGAARD, AP Medical Writer Pfizer announced Saturday that tweaking its COVID-19 vaccine to better target the omicron variant is safe and works – just days before regulators debate whether to offer Americans updated booster shots this fall. The vaccines currently used in the US still offer strong protection against severe COVID-19 disease and … Read more

After Roe, Dems Seek Probe of Tech’s Use of Personal Data | Business News

By MARCY GORDON, AP Business Writer WASHINGTON (AP) – With the Supreme Court ending the constitutional protections for abortion, four Democratic lawmakers are asking federal regulators to investigate Apple and Google for allegedly deceiving millions of mobile phone users by enabling the collection and sale of their personal data to third parties. The decision Friday … Read more

Buttigieg: US May Act Against Airlines on Consumers’ Behalf | Business News

By DAVID KOENIG, AP Airlines Writer The day after Transportation Secretary Pete Buttigieg met with airline leaders to quiz them about widespread flight disruptions, his own flight was canceled and he wound up driving from Washington to New York. “That is happening to a lot of people, and that is exactly why we are paying … Read more

Verizon, AT&T Delay Some 5G Service Over Airlines’ Concerns | Business News

By DAVID KOENIG, AP Airlines Writer Federal regulators say Verizon and AT&T will delay part of their 5G rollout near airports to give airlines more time to ensure that equipment on their planes is safe from interference from the wireless signals, but the airline industry is not happy about the deal. An airline industry trade … Read more

Railroad Talks Stall, So Biden Likely to Pick Review Board | Business News

By JOSH FUNK, AP Business Writer OMAHA, Neb. (AP) – Railroad contract talks remain deadlocked after more than two years of negotiations, so President Joe Biden will likely soon have to appoint a board to help settle the dispute. The National Mediation Board determined Tuesday that mediation isn’t working in the joint talks that cover … Read more

Congress Examines Fraud in Pandemic Aid for Small Businesses | Business News

By JENNIFER McDERMOTT and GEOFF MULVIHILL, Associated Press A congressional panel Tuesday will examine payouts under a federal coronavirus pandemic aid program intended to help small businesses weather the COVID-19 outbreak amid revelations that as much as 20% of the money may have been awarded to fraudsters. The problems in the COVID-19 Economic Injury Disaster … Read more

PG&E Pledges Net-Zero Emissions by 2040, Will Keep Using Gas | Business News

By KATHLEEN RONAYNE, Associated Press SACRAMENTO, Calif. (AP) – The nation’s largest utility on Wednesday outlined a multi-decade plan that aims to more rapidly reduce to zero its net greenhouse gas emissions while still using natural gas to produce power. Pacific Gas & Electric’s plan is to take as much carbon out of the air … Read more

Abbott Restarts Baby Formula Plant Linked to Contamination | Business News

By MATTHEW PERRONE, AP Health Writer WASHINGTON (AP) – Abbott Nutrition has restarted production at the Michigan baby formula factory that has been closed for months due to contamination, the company said Saturday, taking a step toward easing a nationwide supply shortage expected to persist into the summer. The February shutdown of the largest formula … Read more

Go-Broke Dates Pushed Back for Social Security, Medicare | Business News

By FATIMA HUSSEIN and TOM MURPHY, Associated Press WASHINGTON (AP) – A stronger than expected economic recovery from the pandemic has pushed back the go-break dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs. The annual Social Security and Medicare trustees … Read more

Twitter to Pay $ 150M Penalty Over Privacy of Users’ Data | Business News

By MARCY GORDON, AP Business Writer WASHINGTON (AP) – Twitter will pay a $ 150 million penalty and put in new safeguards to settle federal regulators ‘allegations that the social platform failed to protect the privacy of users’ data over a six-year span. The Justice Department and the Federal Trade Commission announced the settlement with … Read more