Why China’s Quarantine Easing Won’t Help the Economy

Text size China has reduced the quarantine time for inbound travelers. Here: passengers wait to be taken to quarantine-designated destinations from the Beijing International Airport. Leo Ramirez/AFP/Getty Images The news this week that China has halved its quarantine time for inbound travelers sent local stocks soaring even higher amid their rally and caused a spike … Read more

Why China’s Quarantine Easing Won’t Help the Economy

Text size China has reduced the quarantine time for inbound travelers. Here: passengers wait to be taken to quarantine-designated destinations from the Beijing International Airport. Leo Ramirez/AFP/Getty Images The news this week that China has halved its quarantine time for inbound travelers sent local stocks soaring even higher amid their rally and caused a spike … Read more

Friday Strike Deadline Looms for 4 Atlantic City Casinos | Business News

By WAYNE PARRY, Associated Press ATLANTIC CITY, NJ (AP) – Union negotiators and casino management tried Thursday to reach new contracts that would avoid a costly and disruptive strike during one of Atlantic City’s busiest weekends. Local 54 of the Unite Here union has set a 12:01 am Friday deadline to reach a new agreement … Read more

Companies, Top Marketers See Value in Part-Time ‘Fractional’ CMO Jobs

Companies in need of new marketing leadership are increasingly turning to interim, or fractional, chief marketing officers to drive growth. Fractional executives work on a contractual basis for a finite period. They often juggle multiple part-time clients simultaneously, and their average tenure at each company is six to nine months, though it can range from … Read more

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

Macao shuts most businesses as Covid cases surge, but casinos stay open

CNN – Macao, the world’s biggest gambling hub, began its second day of mass Covid-19 testing on Monday after dozens of locally transmitted cases were discovered over the weekend. But while most businesses have shut down, casinos remain open. The testing of Macao’s roughly 600,000 residents is expected to end on Tuesday. The Chinese-ruled former … Read more

Greek Coast Guard Rescues 108 Migrants; 4 Missing | Business News

ATHENS, Greece (AP) – Greek authorities said Sunday they have rescued 108 migrants from a sailboat that was found rudderless and leaking water in the Aegean Sea near gale force winds. The rescued migrants – 63 men, 24 women and 21 children – have told authorities there are four other people missing. Reports of a … Read more

CDC Advisers Recommend COVID-19 Shots for Children Under 5 | Business News

By MIKE STOBBE, AP Medical Writer NEW YORK (AP) – US health advisers on Saturday recommended COVID-19 vaccines for infants, toddlers and preschoolers – the last group without the shots. The advisers to the Centers for Disease Control and Prevention unanimously decided that coronavirus vaccines should be opened to children as young as 6 months. … Read more

California Adds Jobs in May; Economy Shows Signs of Weakness | California News

By ADAM BEAM, Associated Press SACRAMENTO, Calif. (AP) – California posted another strong jobs report on Friday as the unemployment rate fell to its lowest point since before the pandemic; but the news was overshadowed this week by the surest signs yet of a wobbly economy that could soon usher in a recession. Employers added … 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