Categories
Business

United Airways misplaced $7 billion in 2020 because the pandemic crushed the journey enterprise.

United Airlines lost $ 1.9 billion in the fourth quarter, bringing total losses for 2020 to just over $ 7 billion, the worst year since merging with Continental Airlines a decade ago. Despite this terrible loss, the airline is anticipating a “transition year” in 2021 as it prepares for a recovery from the coronavirus pandemic.

“The truth is that Covid-19 changed United Airlines forever,” the company’s chief executive Scott Kirby said in a statement. “The passion, teamwork and perseverance shown by the United team in 2020 will precisely help us build a new United Airlines that is better, stronger and more profitable than ever.”

The airline posted operating revenue of around $ 3.4 billion in the last three months of last year, a decrease of more than two-thirds from the same period in 2019. She ended the year with access to nearly $ 20 billion in cash or cash equivalents, not including federal incentive loans.

Delta Air Lines last week reported a loss of $ 12.4 billion in 2020, which rounded off “the toughest year in Delta history.”

In anticipation of a rebound, United has resumed extensive maintenance and engine overhauls to keep planes hit by weak demand ready when more people fly again.

However, it is unlikely that this recovery will occur for any time. United expects to generate roughly a third of the operating revenue in the first quarter of this year it generated in the same three months of 2019. Most analysts anticipate that the aviation industry will not fully recover from the pandemic for several years.

Categories
Politics

An Outdated Position With a New Gender: Emhoff Turns into the First Second Gentleman

WASHINGTON – Douglas Emhoff, husband of Vice President Kamala Harris and the first second gentleman, visited the Library of Congress this month to do some “homework” on his new role. He heard the story a century ago from Lois Marshall, then the second lady in a Democratic government, and Grace Coolidge, the incoming second lady in a Republican government.

Mrs. Coolidge was nervous and unfamiliar with the city and its culture on the way to Washington. But Mrs. Marshall was there to greet her at the station when she arrived, said Meg McAleer, a history specialist in the manuscript department of the Library of Congress.

“It’s just the most empathetic contact a woman in this role makes with the woman who will take on the role,” Ms. McAleer said in an interview. “And it is not important to anyone that you switch from a Democratic to a Republican government.”

The atmosphere in the capital 100 years later is completely different after President Donald J. Trump’s efforts to undermine the 2020 election result. Mr. Emhoff had no direct contact with Karen Pence, his predecessor as Vice President, until they met on Wednesday during Inauguration Day ceremonies at the Capitol.

But she and her partners appeared at least outwardly friendly in a belated interaction on the Capitol steps before Mrs. Harris and Mr. Emhoff waved goodbye to the Pences. If nothing else, it was the kind of high profile, eagerly scrutinized moment where political spouses must learn to be graceful, and one that was unusual only because Mr. Emhoff was the first of his gender to fill that role.

With the inauguration of Mrs. Harris as the first female, black and Asian-American Vice President, the 56-year-old Emhoff registered two firsts of his own: the first male and the first Jewish wife of a President or Vice President. Although the details of what Mr Emhoff could do with the platform are unclear – he has discussed the focus on “access to justice” – his presence suggests a slow shift in gender roles in politics and beyond.

However, because of this shift, Mr. Emhoff is responsible for defining the roles of the men who come after him and for changing traditional perceptions of the role of a high profile spouse.

“I doubt people will look so carefully at what he’s wearing or whether he’s decided to get new carpeting in the living quarters of the vice president’s residence,” said Katherine Jellison, a history professor at Ohio University who studies history and women First ladies.

Ms. Harris and Mr. Emhoff were married in 2014 while Ms. Harris was the California Attorney General. Mr. Emhoff, a consumer electronics lawyer, became an avid replacement for his wife on the campaign. After the general election, Mr. Emhoff quit his job at the DLA Piper law firm, wondering if his work could lead to conflict for the Biden-Harris ticket. A transition officer declined to make him available for an interview.

The role of the vice president’s spouse is different for each person who holds it, former chiefs of staff told the vice president’s wives, with many using the platform to pursue different projects. Ms. Pence highlighted art therapy. Jill Biden, a full-time writing teacher at Northern Virginia Community College, helped launch an initiative for military families.

Like Mr. Emhoff, Marilyn Quayle, the wife of former Vice President Dan Quayle, gave up legal prosecution when her spouse entered the administration. She was looking for a law firm before Mr Quayle got on the presidential ticket with George Bush in 1988, but was later advised that the conflicts would be too big for her to practice as a lawyer and that her new position would provide a better platform to she Former Chief of Staff Marguerite Sullivan said after speaking with Ms. Quayle.

Lynne Cheney, the wife of former Vice President Dick Cheney, continued to work at the American Enterprise Institute, a conservative think tank, while her husband served in the George W. Bush administration, said Debra Dunn, her former chief of staff.

Mr. Emhoff joined the faculty at Georgetown University Law Center and this semester is teaching a course called Entertainment Law Disputes. Ms. Pence taught art at an elementary school in Northern Virginia. Dr. Biden, who wishes to continue teaching at Northern Virginia Community College, will be the first first lady to continue her work outside the White House.

John Bessler, the husband of Senator Amy Klobuchar, Democrat of Minnesota, spent time with Mr. Emhoff on the campaign, calling him a “great ambassador” for Mrs. Harris. During the Democratic primary, a protester went on stage with little security for the candidates and took the microphone off Ms. Harris. You could see Mr. Emhoff climbing onto the stage and trying to take the microphone from the man’s hands.

Subsequently, Mr Bessler, whose wife was also a presidential candidate, sent an email to Mr Emhoff welcoming his efforts. “He was now officially the security chief for Kamala’s campaign,” Bessler recalled.

Chasten Buttigieg, a former theater teacher and husband of Pete Buttigieg, a 2020 Democratic presidential candidate and Biden’s election as Transportation Secretary, recalled a moment on the campaign with Mr. Emhoff. “I’m not a theater type,” said Chasten Buttigieg, Mr. Emhoff told him. “I’m just a husband and I’m here to tell people why I love Kamala.”

With Mr. Emhoff’s new role, men in the United States could see that they could step back and “let women lead,” Chasten Buttigieg said in an interview. “And women can be the ones who have power and like what it means to be a loving and supportive spouse, and sometimes that means taking a back seat or encouraging your spouse to fly.”

Speaking of his visit to the Library of Congress in an interview posted on his Twitter account Tuesday, Mr Emhoff reflected on the legacy he might leave to future spouses of the Vice President.

“I’m really going to take what I’ve learned when I move into this role, but I’ll make it my own too,” he said. “I understand that I’m the first gentleman to take this role, and I definitely don’t want to be the last.”

Categories
Health

Rising Coronavirus Variants Might Pose Challenges to Vaccines

Der stetige Drumbeat von Berichten über neue Varianten des Coronavirus – zuerst in Großbritannien, dann in Südafrika, Brasilien und den Vereinigten Staaten – hat eine neue Sorge aufgeworfen: Werden Impfstoffe vor diesen veränderten Versionen des Virus schützen?

Die Antwort lautet bisher Ja, sagten mehrere Experten in Interviews. Zwei kleine neue Studien, die am Dienstagabend online gestellt wurden, deuten jedoch darauf hin, dass einige Varianten das Immunsystem unerwartet herausfordern können, selbst bei denen, die geimpft wurden – eine Entwicklung, mit der die meisten Wissenschaftler seit Monaten oder Jahren nicht gerechnet hatten.

Die Ergebnisse stammen aus Laborexperimenten mit Blutproben von Patientengruppen und nicht aus Beobachtungen der Ausbreitung des Virus in der realen Welt. Die Studien wurden noch nicht von Experten begutachtet.

Experten, die die Papiere überprüften, waren sich jedoch einig, dass die Ergebnisse zwei störende Möglichkeiten aufwerfen. Menschen, die leichte Infektionen mit dem Coronavirus überlebt haben, sind möglicherweise immer noch anfällig für Infektionen mit einer neuen Variante. und besorgniserregender ist, dass die Impfstoffe gegen die Varianten möglicherweise weniger wirksam sind.

Bestehende Impfstoffe verhindern weiterhin schwere Krankheiten, und die Menschen sollten sie weiterhin erhalten, sagte Dr. Michel Nussenzweig, Immunologe an der Rockefeller University in New York, der eine der Studien leitete: „Wenn es Ihr Ziel ist, Menschen aus dem Krankenhaus herauszuhalten, dann wird das gut funktionieren. “

Aber die Impfstoffe dürfen nicht verhindern, dass Menschen leicht oder asymptomatisch mit den Varianten infiziert werden, sagte er. “Sie wissen möglicherweise nicht einmal, dass sie infiziert waren”, fügte Dr. Nussenzweig hinzu. Wenn der Infizierte das Virus weiterhin auf andere übertragen kann, die nicht immunisiert sind, fordert er weiterhin Leben.

Die Impfstoffe stimulieren den Körper, um Antikörper gegen das Coronavirus zu produzieren. Wissenschaftler hatten erwartet, dass das Virus im Laufe der Zeit Mutationen erhalten könnte, die es ihm ermöglichen, diesen Antikörpern auszuweichen – sogenannte Fluchtmutationen. Einige Studien hatten sogar vorhergesagt, welche Mutationen für das Virus am vorteilhaftesten wären.

Die Wissenschaftler hatten jedoch gehofft, dass die neuen Impfstoffe jahrelang wirksam bleiben würden, da das Coronavirus nur langsam neue Abwehrkräfte gegen sie entwickeln würde. Jetzt befürchten einige Forscher, dass die unkontrollierte Ausbreitung dem Virus nahezu uneingeschränkte Möglichkeiten gegeben hat, sich neu zu erfinden, und möglicherweise das Auftreten von Fluchtmutationen beschleunigt hat.

Die am Dienstagabend veröffentlichten Studien zeigen, dass die in Südafrika identifizierte Variante weniger anfällig für Antikörper ist, die durch natürliche Infektionen und durch Impfstoffe von Pfizer-BioNTech und Moderna erzeugt werden.

Weder die südafrikanische Variante noch ein ähnliches mutiertes Virus in Brasilien wurden in den USA bisher nachgewiesen. (Die ansteckendere Variante, die in Großbritannien aufgetaucht ist, enthält diese Mutationen nicht und scheint anfällig für Impfstoffe zu sein.)

Die Befürchtungen, dass die Impfstoffe gegen neue Varianten machtlos sein könnten, verstärkten sich auf einer wissenschaftlichen Konferenz, die am Samstag online stattfand, als südafrikanische Wissenschaftler berichteten, dass in Labortests Serumproben von 21 einer Gruppe von 44 Covid-19-Überlebenden die darin zirkulierende Variante nicht zerstörten dieses Land.

Die gegen die Variante erfolgreichen Proben wurden Patienten entnommen, die ins Krankenhaus eingeliefert worden waren. Diese Patienten hatten höhere Blutspiegel an sogenannten neutralisierenden Antikörpern – die Untergruppe der Antikörper, die zur Entwaffnung des Virus und zur Verhinderung einer Infektion benötigt werden – als diejenigen, die nur leicht krank waren.

Die Ergebnisse “deuten stark darauf hin, dass mehrere Mutationen, die wir in der südafrikanischen Variante sehen, einen signifikanten Einfluss auf die Neutralisationsempfindlichkeit dieses Virus haben werden”, sagte Penny Moore, Virologin am Nationalen Institut für übertragbare Krankheiten im Süden Afrika, das die Studie leitete.

Die zweite Studie brachte bessere Nachrichten, zumindest über Impfstoffe.

In dieser Studie testeten Dr. Nussenzweig und seine Kollegen Proben von 14 Personen, die den Moderna-Impfstoff erhalten hatten, und sechs Personen, die den Pfizer-BioNTech-Impfstoff erhalten hatten.

Covid19 Impfungen >

Antworten auf Ihre Impfstofffragen

Wenn ich in den USA lebe, wann kann ich den Impfstoff bekommen?

Während die genaue Reihenfolge der Impfstoffempfänger von Staat zu Staat unterschiedlich sein kann, werden die meisten Ärzte und Bewohner von Langzeitpflegeeinrichtungen an erster Stelle stehen. Wenn Sie verstehen möchten, wie diese Entscheidung getroffen wird, hilft dieser Artikel.

Wann kann ich nach der Impfung wieder zum normalen Leben zurückkehren?

Das Leben wird erst wieder normal, wenn die Gesellschaft als Ganzes ausreichend Schutz gegen das Coronavirus erhält. Sobald die Länder einen Impfstoff zugelassen haben, können sie in den ersten Monaten höchstens einige Prozent ihrer Bürger impfen. Die nicht geimpfte Mehrheit bleibt weiterhin anfällig für Infektionen. Eine wachsende Anzahl von Coronavirus-Impfstoffen zeigt einen robusten Schutz vor Krankheit. Es ist aber auch möglich, dass Menschen das Virus verbreiten, ohne zu wissen, dass sie infiziert sind, weil sie nur leichte oder gar keine Symptome haben. Wissenschaftler wissen noch nicht, ob die Impfstoffe auch die Übertragung des Coronavirus blockieren. Selbst geimpfte Menschen müssen vorerst Masken tragen, Menschenmassen in Innenräumen meiden und so weiter. Sobald genügend Menschen geimpft sind, wird es für das Coronavirus sehr schwierig, gefährdete Personen zu finden, die infiziert werden können. Je nachdem, wie schnell wir als Gesellschaft dieses Ziel erreichen, könnte sich das Leben im Herbst 2021 einem normalen Zustand nähern.

Muss ich nach der Impfung noch eine Maske tragen?

Ja, aber nicht für immer. Die beiden Impfstoffe, die möglicherweise in diesem Monat zugelassen werden, schützen die Menschen eindeutig vor einer Krankheit mit Covid-19. Die klinischen Studien, die diese Ergebnisse lieferten, waren jedoch nicht darauf ausgelegt, festzustellen, ob geimpfte Personen das Coronavirus noch verbreiten können, ohne Symptome zu entwickeln. Das bleibt eine Möglichkeit. Wir wissen, dass Menschen, die von Natur aus mit dem Coronavirus infiziert sind, es verbreiten können, ohne Husten oder andere Symptome zu haben. Die Forscher werden diese Frage bei der Einführung der Impfstoffe intensiv untersuchen. In der Zwischenzeit müssen sich selbst geimpfte Menschen als mögliche Spreizer vorstellen.

Wird es wehtun? Was sind die Nebenwirkungen?

Der Impfstoff gegen Pfizer und BioNTech wird wie andere typische Impfstoffe als Schuss in den Arm abgegeben. Die Injektion unterscheidet sich nicht von denen, die Sie zuvor erhalten haben. Zehntausende Menschen haben die Impfstoffe bereits erhalten, und keiner von ihnen hat ernsthafte gesundheitliche Probleme gemeldet. Einige von ihnen haben jedoch kurzlebige Beschwerden verspürt, darunter Schmerzen und grippeähnliche Symptome, die normalerweise einen Tag anhalten. Es ist möglich, dass die Leute planen müssen, nach dem zweiten Schuss einen Tag frei zu nehmen oder zur Schule zu gehen. Obwohl diese Erfahrungen nicht angenehm sind, sind sie ein gutes Zeichen: Sie sind das Ergebnis der Begegnung Ihres eigenen Immunsystems mit dem Impfstoff und einer starken Reaktion, die eine dauerhafte Immunität gewährleistet.

Werden mRNA-Impfstoffe meine Gene verändern?

Nein. Die Impfstoffe von Moderna und Pfizer verwenden ein genetisches Molekül, um das Immunsystem zu stärken. Dieses als mRNA bekannte Molekül wird schließlich vom Körper zerstört. Die mRNA ist in einer öligen Blase verpackt, die mit einer Zelle verschmelzen kann, so dass das Molekül hineinrutschen kann. Die Zelle verwendet die mRNA, um Proteine ​​aus dem Coronavirus herzustellen, die das Immunsystem stimulieren können. Zu jedem Zeitpunkt kann jede unserer Zellen Hunderttausende von mRNA-Molekülen enthalten, die sie produzieren, um eigene Proteine ​​herzustellen. Sobald diese Proteine ​​hergestellt sind, zerkleinern unsere Zellen die mRNA mit speziellen Enzymen. Die mRNA-Moleküle, die unsere Zellen herstellen, können nur wenige Minuten überleben. Die mRNA in Impfstoffen ist so konstruiert, dass sie den Enzymen der Zelle etwas länger standhält, sodass die Zellen zusätzliche Virusproteine ​​bilden und eine stärkere Immunantwort auslösen können. Die mRNA kann jedoch höchstens einige Tage halten, bevor sie zerstört wird.

Die Forscher sahen eine leichte Abnahme der Antikörperaktivität gegen manipulierte Viren mit drei der Schlüsselmutationen in der in Südafrika identifizierten Variante. Dieses Ergebnis war signifikant, “weil es bei nahezu jedem getesteten Individuum zu sehen ist”, sagte Dr. Nussenzweig. Trotzdem ist es “nicht etwas, worüber wir schrecklich ausgeflippt sein sollten.”

Bei den meisten Menschen führt eine Infektion mit dem Coronavirus zu einer starken Immunantwort; Die Impfstoffe scheinen eine noch stärkere Reaktion hervorzurufen. Zumindest zwei Dosen der Impfstoffe von Pfizer und Moderna produzieren neutralisierende Antikörper in Mengen, die höher sind als diejenigen, die durch natürliche Infektion erworben wurden.

Selbst wenn die Wirksamkeit der Antikörper verzehnfacht würde, wären die Impfstoffe gegen das Virus immer noch recht wirksam, sagte Jesse Bloom, Evolutionsbiologe am Fred Hutchinson Cancer Research Center in Seattle.

Während neutralisierende Antikörper für die Verhinderung einer Infektion unerlässlich sind, führen die Impfstoffe – und die natürliche Infektion – auch zur Produktion von Tausenden anderer Arten von Antikörpern, ganz zu schweigen von verschiedenen Immunzellen, die ein Gedächtnis des Virus behalten und zum Handeln angeregt werden können, wenn die Körper trifft es wieder.

Selbst wenn sie mit Varianten konfrontiert werden, können diese anderen Komponenten des Immunsystems ausreichen, um schwere Krankheiten zu verhindern, sagte Florian Krammer, Immunologe an der Icahn School of Medicine am Mount Sinai in New York. In klinischen Studien schützten die Impfstoffe Menschen bereits nach einer Dosis vor Krankheiten, wenn der Gehalt an neutralisierenden Antikörpern niedrig oder nicht nachweisbar war.

Impfstoffversuche, die in Südafrika von Novavax und Johnson & Johnson durchgeführt werden, werden realistischere Daten darüber liefern, wie sich die Impfstoffe gegen die dortige neue Variante verhalten. Diese Ergebnisse werden in den nächsten Wochen erwartet.

Alle Viren mutieren, und es ist keine Überraschung, dass einige dieser Mutationen die körpereigene Immunabwehr umgehen, sagten Experten. Jeder neue Wirt bietet einem Virus neue Möglichkeiten, Mutationen anzuhäufen und zu testen, indem die Sequenz der RNA-Buchstaben in seinem genetischen Code leicht durcheinander gebracht wird.

“Die Schönheit, die Eleganz, die Entwicklung und die Pracht eines Virus besteht darin, dass es jedes Mal, wenn es eine Person infiziert, diesen Sequenzraum erforscht”, sagte Paul Duprex, Direktor des Zentrums für Impfstoffforschung an der Universität von Pittsburgh.

Einige Mutationen verbessern das Original nicht und verschwinden. Andere erhöhen die Kraft des Erregers, indem sie ihn – wie die erstmals in Großbritannien identifizierte Variante – ansteckender oder weniger anfällig für Immunität machen.

Die Mutationen in der in Südafrika zirkulierenden Variante B.1.351 sind unabhängig voneinander mehr als einmal und insgesamt aufgetreten, was darauf hindeutet, dass sie gemeinsam zum Nutzen des Virus wirken.

Die Schlüsselmutation namens E484K, und zwei seiner Begleiter verändern die Form eines Teils des Virus, der für die Immunerkennung entscheidend ist, was es für Antikörper schwierig macht, sich an das Virus zu binden. Das Trio tauchte in mehreren Laborstudien auf, in denen versucht wurde, vorherzusagen, welche Mutationen für das Virus vorteilhaft sein würden.

“Ich denke, wir müssen Mutationen genau überwachen und nach solchen Dingen Ausschau halten, die in bestimmten Teilen der Welt dominant werden könnten”, sagte Akiko Iwasaki, Immunologe an der Yale University.

Großbritannien entdeckte die ansteckendere Variante, die dort zirkuliert, weil es mehr Virusproben sequenziert als jede andere Nation. Die Vereinigten Staaten bleiben weit zurück: Sie haben bisher etwa 71.000 Proben sequenziert, ein winziger Teil der Millionen, die im Land infiziert sind. Die Zentren für die Kontrolle und Prävention von Krankheiten planen jedoch, mit staatlichen und lokalen Gesundheitslabors zusammenzuarbeiten, um bis zu 6.000 Proben pro Woche zu sequenzieren, sagten Wissenschaftler der Agentur am Freitag.

Es wird wichtig sein, Reisen – und den Import von Varianten – aus anderen Ländern zu begrenzen, bis ein Großteil der Bevölkerung geimpft ist, sagte John Moore, Virologe bei Weill Cornell Medicine in New York.

“Selbst wenn sie bereits hier sind, ist es umso wahrscheinlicher, dass es zu einem Super-Spreader-Ereignis kommt, je öfter sie wieder eingeführt werden”, sagte Dr. Moore. (Präsident Joseph R. Biden Jr. plant, die bestehenden Reisebeschränkungen für alle beizubehalten, die kürzlich nach Europa und Brasilien gereist sind.)

Die mRNA-Technologie, auf die sich die Impfstoffe von Pfizer und Moderna stützen, kann innerhalb weniger Wochen geändert werden und ist weitaus einfacher als das Verfahren zur Herstellung von Grippeimpfstoffen. Es wäre jedoch ratsam, sich jetzt auf diese Möglichkeit vorzubereiten und nicht nur die technischen Aspekte der Aktualisierung der Impfstoffe, sondern auch die Prüfung, Zulassung und Einführung dieser Impfstoffe zu überdenken, so Experten.

Der beste Weg sei jedoch, die Entstehung neuer Mutationen und Varianten insgesamt zu verhindern.

“Stellen Sie sich vor, Sie müssen die ganze Zeit so aufholen – das ist nicht wünschenswert”, sagte Dr. Iwasaki. “Wenn wir die Ausbreitung so schnell wie möglich stoppen können, während der Impfstoff sehr effektiv ist, ist das der beste Weg.”

Categories
Business

United (UAL) earnings This autumn 2020

A United Airlines-operated Boeing 787 Dreamliner takes off from Los Angeles International Airport.

Getty Images

United Airlines posted a fourth-quarter loss on Wednesday, warning that sales would continue to suffer in early 2021 as the coronavirus pandemic drags on.

Here’s how United performed in the quarter compared to Wall Street’s expectations based on Refinitiv’s average estimates:

  • Adjusted earnings per share: a loss of $ 7 versus an expected loss of $ 6.60 per share.
  • Revenue: $ 3.41 billion versus expected $ 3.44 billion in revenue.

United’s fourth-quarter revenue declined 69% year over year to $ 3.41 billion, below analysts’ estimates of $ 3.44 billion. The net loss of $ 1.9 billion for the quarter compared to a profit of $ 641 million last year.

The airline’s full year net loss of $ 7.07 billion was the largest since 2005.

The Chicago-based airline reported an adjusted loss of $ 7 per share, compared to estimates of a loss of $ 6.60 per share. The quarter consumed an average of $ 33 million per day, including debt and severance payments. Core daily cash burn removing these items averaged $ 19 million in the fourth quarter, down $ 5 million from the third quarter.

The airline is not expecting a quick turnaround early this year. Revenue in the first quarter is expected to be 65% to 70% below 2019 levels, the airline said. The estimated capacity in the first three months of 2021 will be at least 51% below the same period in 2019, reflecting a similar outlook from American Airlines.

The airline called 2021 a “year of transition” and expects to exceed its margins for 2019 to 2023.

United’s cargo business again proved to be a bright spot in the pandemic. Revenue for the quarter increased 77% to $ 560 million. This unit contributed 16% to fourth quarter revenue, up from just 3% last year. Passenger airlines have tried to bolster this business over the past year as customers around the world faced a crisis in air cargo capacity.

United shares fell 1.7% in after-hours trading, following the report.

Airline executives said the widespread availability of coronavirus vaccines will lead to a recovery in air travel. However, the introduction of the vaccine was slow and chaotic, characterized by a lack of doses.

United executives will be holding a call Thursday at 10:30 a.m. ET to discuss their earnings and prospects.

Categories
Health

Hahn Resigns as F.D.A. Commissioner; Woodcock Named Interim Chief

Dr. Stephen M. Hahn, who became Commissioner for the Food and Drug Administration just weeks before the coronavirus pandemic began, resigned on Wednesday when President Biden’s administration began.

Dr. Janet Woodcock, longtime director of the FDA’s Center for Drug Evaluation and Review, will serve as acting commissioner, according to an agency official.

From May, Dr. Woodcock has been tasked with Operation Warp Speed, the previous government’s program to accelerate vaccine and treatment development for the coronavirus.

She has been with the FDA since 1986 and has served in a number of key roles including Chief Medical Officer and Assistant Commissioner.

The Biden administration has not yet appointed a permanent commissioner, but Dr. Woodcock is one of the contemplated candidates, according to several advisors to the new president’s transition team. Dr. Amy Abernethy, Deputy Chief Commissioner, is also being considered, as is Dr. Joshua Sharfstein, a former agency officer who is the vice dean of public health practice and community involvement at Johns Hopkins University.

The resignation of Dr. Hahn was expected to be part of the routine departure of senior political figures that comes with the assumption of office of a new administration. In a farewell message to FDA staff on Wednesday, he wrote: “As a nation and as a health agency, we have faced major challenges and turbulent times over the past year, particularly due to the Covid-19 pandemic. Throughout all of this, FDA staff have been instrumental in responding to the disease with very real scientific advances like the approval of the first non-prescription OTC [over the counter] Covid test, the approval and approval of an antiviral agent, and the first two FDA-approved Covid-19 vaccines. “

Dr. Hahn received considerable criticism in the course of the pandemic. He has been accused of bowing to political pressure from President Trump and the White House to issue emergency clearances for unproven treatments such as hydroxychloroquine that did not provide evidence of their effectiveness. For the past few months, he has led reviews of the first vaccine against the virus, Pfizer and Moderna products.

In the past, 72-year-old Dr. Woodcock among other presidential administrations in the race for the top position of the FDA. It was first introduced by Dr. David Kessler, the former FDA commissioner who was named chief science officer for the Biden Administration’s vaccination efforts, no longer referred to as Operation Warp Speed, to the FDA’s Drugs Division.

The Biden administration did not specify when an FDA commissioner would be appointed.

Categories
Entertainment

Moesha’s Finest Visitor Stars | POPSUGAR Leisure

Moesha will forever be remembered as one of the best sitcoms of the 90s, starring Brandy as a high school girl balancing all sorts of fun yet complex situations with her family and friends. This week marks the 25th anniversary of the series’ first episode, and we’ll always love it when actors can laugh all the time while writing never shrinks from key issues like racism and gender inequality. But even as big fans of the 90s classic “Mo to the E to the”, we were still completely shocked by the incredible list of guest stars who appeared on the show. From Oscar winners to Grammy loyalty and everything in between, the following guest stars show how much a treasure is Moesha is really.

Whether you’re a fan of the show from the past or just love it once it hits Netflix, cross out to see all of the sitcom’s most famous guest stars.

Categories
Business

‘They Have Not Legitimately Gained’: Professional-Trump Media Retains the Disinformation Flowing

Right-wing media organizations spreading former President Donald J. Trump’s distortions over the 2020 elections waived calls for healing or reflection and continued their conspiracy theories on large-scale fraud on Wednesday. Some predicted further political conflicts in the coming months.

The coverage took on an inconsistent tone, with pro-Trump media and President Biden in a harrowing split screen: the new president delivered an inaugural address of unity and hope while his political opponents used their powerful media platforms to oppose him to collect based on falsehoods and inventions.

For some branches like One America News, it was like Mr. Biden wasn’t a president at all. The network, which is a Mr. Trump favorite for its sycophantic reporting, did not show viewers either Mr. Biden’s swearing-in or his inaugural address.

Rush Limbaugh aired his weekday radio show a few miles from the Palm Beach Retreat, where Mr. Trump spends the first days of his post-presidency, and advised his millions of listeners on Wednesday that the inauguration of Mr. Biden and Vice President Kamala Harris did not to the rightful election winners.

“You haven’t legitimately won,” Limbaugh said, noting that he would be on “thin ice” to make such a claim. Then he gave his audience a wrong and inflated number of votes for Mr. Trump and predicted that the Democratic victories would be “fleeting”.

“I think they know that with 74 million, maybe 80 million people who didn’t vote for Joe Biden, there is no way they can honestly say they represent the power base in the country,” Limbaugh said.

On One America News, instead of the inauguration, viewers saw a long documentary segment called “Trump: Legacy of a Patriot”. One of the network’s commentators, Pearson Sharp, provided the voice-over and uttered only flattering words about the former president while making false claims about election fraud.

Mr Sharp reiterated many of the discredited excuses that have formed the alternate version of events Mr Trump and his supporters use to explain his loss. For example, the host claimed that Mr. Trump couldn’t be defeated because he won Bellwether State of Ohio and carried so many more counties than Mr. Biden. “Yet we are expected to see Joe Biden win more votes than any other president in history,” said Sharp.

Then he gave Trump supporters a collective call. “Now it is up to Americans to continue President Trump’s struggle or any progress we have made as a nation will quickly dissolve,” Pearson said.

OAN personalities also offered viewers an optimistic vision of a Republican Party that would live on in Mr. Trump’s image. The network’s White House correspondent Chanel Rion described Mr Trump’s farewell speeches from Joint Base Andrews on Wednesday morning as a “passing farewell”.

“The fight has only just begun,” she said.

An OAN anchor discussed the possibility that Mr. Trump could start his own political party and call it the Patriot Party, an idea that other Trump allies have circulated. The network talked about Ivanka Trump, the daughter of the former president, who challenged Senator Marco Rubio, a Republican from Florida, when he stood for re-election in 2022.

At Newsmax TV, another pro-Trump channel, commentators and guests seemed less likely to be in denial than their competitors at OAN. But they rejected the new president no less. One questioned Mr Biden’s appointment of a transgender woman to his cabinet, describing the strong presence of troops in Washington to prevent another uprising by Trump supporters as an attempt to “further suppress the voice of the American people”.

A Newsmax host mocked the presence of Mr Biden’s son Hunter, whose personal problems and business interests distracted his father’s campaign after conservative media published unconfirmed stories about his work in China. “That won’t go away,” said the anchor.

Categories
Politics

This is all the pieces being signed on Day 1

In his first few hours in the Oval Office, President-elect Joe Biden plans to sign more than a dozen executive orders to address challenges like the Covid pandemic and the student debt crisis.

Biden’s orders will also help overturn many of the orders issued by President Donald Trump, including the so-called Muslim travel ban and the construction of a wall along the US-Mexico border.

Senior members of the Biden Policy Team said during a press conference Tuesday evening that Biden would sign the Executive Orders immediately after his inauguration at noon.

The list of assignments and policies reported by CNBC included a “100 Day Masking Challenge,” requiring masks and physical distancing in all federal buildings, in all states, and by federal employees and contractors.

Also included in Biden’s health-oriented orders is a reversal of Trump’s decision to withdraw the US from the World Health Organization.

Here is the full list of Biden’s Day One Executive Orders as detailed by the transition team:

  • Start a “100 Days Masking Challenge” and set a good example in the federal government
  • Re-engage with the World Health Organization to make Americans and the world safer
  • Structure of our federal government to coordinate a unified national response [to Covid-19]
  • Extension of the eviction and enforcement moratoria
  • Extension of the student loan
  • Accession to the Paris Agreement on Climate Change
  • Rollbacks President Trump’s environmental actions to protect public health and the environment, and restore science
  • Start a nationwide initiative to promote racial justice
  • Reverse President Trumps Executive Order to exclude undocumented immigrants from reallocation
  • Preserve and strengthen protections for dreamers
  • Lift the Muslim ban
  • Repeal of the Trump Interior Enforcement Executive Order
  • Stop building the border wall
  • Postponed forced departure for the presidential memorandum of the Liberians
  • Preventing and combating discrimination based on gender identity or sexual orientation
  • Personal Ethics of the Executive Executive Order
  • Regulatory Process Executive Order and Presidential Memorandum

The pandemic will continue to get worse before it gets better, said Jeff Zients, head of the Biden government’s Covid Response. ” This is clearly a national emergency and we will treat it as such. “

“We will mobilize an entire government response and work with states and municipalities and officials from both parties,” he added. “To get the vaccine out fairly as quickly as possible, we need all hands on deck to get shots in the arms and we will get everyone to work.”

Brian Deese, Biden’s decision to head the National Economic Council, followed Zients in the meeting and outlined several arrangements that will ease the financial burden on households struggling to pay rent and those working to repay student loans should.

Deese said Biden would urge the Centers for Disease Control and Prevention, as well as the Veterans Affairs, Agriculture and Housing and Urban Development departments, to consider extending the eviction and foreclosure moratoriums immediately.

Biden will also urge the Department of Education to extend the hiatus on interest and principal payments on direct federal loans until at least September 30th.

“These immediate measures are important,” said Deese. “There are more than 11 million mortgages guaranteed by the VA, the Department of Agriculture and the HUD that would be affected by the extension of the foreclosure moratorium.”

Regarding climate change, on day one, Biden will lead the US back to the Paris Agreement, the landmark deal that sets ambitious goals for countries to reduce their carbon footprint over the next few decades. Trump withdrew the US from the deal in 2017.

According to new climate advisor Gina McCarthy, the future president will also instruct all federal agencies to consider revising vehicle fuel emissions standards.

He will ask the Home Office to review the boundaries and conditions of the Grand Staircase-Escalante, Bears Ears, Northeast Canyons, and Seamounts Marine National Monuments. This order also imposes a temporary moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge.

Susan Rice, Biden’s decision to chair the Home Affairs Council, will lead the government’s efforts to advance racial justice and advocate other underserved communities such as LGBTQ people and people with disabilities.

Biden also plans to revoke the Trump administration’s order to exclude non-citizens from the census and division of congressional officials.

He will sign another ordinance to consolidate the program of delayed action on the arrival of children and urge Congress to “pass laws that people who came to this country as children and lived, worked and contributed to ours have permanent status and provide a route to citizenship. ” Country for many years. “

“For the first time, we will have a team of experts dedicated to justice, definition and racial justice,” said Rice. “The order is also direct [the Office of Management and Budget] Begin the work of fairer federal funding to empower underserved communities. “

Jake Sullivan, Biden’s new national security advisor, highlighted orders designed to facilitate the Trump administration’s crackdown on immigrant policing and the construction of the southern border wall.

First, Biden will lift Trump’s so-called Muslim ban, a series of two presidential proclamations restricting entry to the United States from mainly Muslim and African countries. Sullivan said these proclamations are “rooted in xenophobia” and incompatible with America’s rich history of diversity and immigration.

Biden will order an immediate halt to the construction of the southern boundary wall, which will “allow for a thorough review of the legality of the financing and contracting methods used and the best path for diverting funds diverted from the previous administration to funding wall construction.”

Categories
Business

Morgan Stanley (MS) This autumn 2020 earnings beat estimates

Morgan Stanley posted fourth quarter earnings and revenue on Wednesday that exceeded analysts’ expectations for strong trading, investment banking and wealth management results.

The company reported a 51% increase in earnings to $ 3.39 billion, or $ 1.81 per share. Excluding the $ 189 million integration cost associated with last year’s E-Trade acquisition, earnings per share were $ 1.92, compared to an estimate of $ 1.27 by analysts surveyed by Refinitiv. Revenue of $ 13.64 billion was over $ 2 billion above the estimate of $ 11.54 billion.

“The company had a very strong quarter and record results for the full year with excellent performance in all three businesses and regions,” said CEO James Gorman in the press release. “Our unique business model continues to serve us well as we continue to implement our long-term strategy with the acquisitions of E * TRADE and Eaton Vance.”

Expectations were high after robust trade and investment banking results at rivals Goldman Sachs and JPMorgan Chase helped boost profitability, and Morgan Stanley did not disappoint.

Investment banking had sales of $ 2.3 billion, half a billion dollars more than FactSet’s survey of $ 1.81 billion. The result was due to stocks from the underwriting of stocks, which more than doubled compared to the previous year due to robust IPOs and follow-up activities.

Stock trading generated sales of $ 2.49 billion, $ 350 million more than the estimate of $ 2.14 billion. Fixed income trading grossed $ 1.66 billion, $ 200 million more than analysts expected.

The wealth management division had sales of $ 5.68 billion, nearly $ half a billion more than analysts expected, thanks to higher assets and higher fee-generating activity, as well as the impact of the e-trade deal.

Morgan Stanley has the largest wealth management business of the six largest US banks, which typically benefit from rising markets. That business is backed by the bank’s $ 13 billion acquisition of E-Trade, which was announced a year ago. The fourth quarter is the first period in which E-Trade will be integrated into the larger company.

The bank’s shares were virtually unchanged after premarket trading rose 1.9%.

Gorman drove a small winning lap in his annual update of the company’s strategic goals, setting out the case that his company was at a turning point. In the next ten years, Gorman’s market share gains and acquisitions will sustainably generate higher sales and returns than in previous periods.

The company kept its long-term goals largely unchanged, saying the return on tangible equity will be 17% or more, instead of the 15% to 17% range reported last year.

“We are in the growth phase of this company for the next decade,” Gorman told analysts after the results were released.

Morgan Stanley is the last major US bank to post earnings in the fourth quarter. JPMorgan and Goldman Sachs beat analysts’ expectations for sales and earnings aided by trading, while Citigroup, Wells Fargo and Bank of America were disappointed with sales as credit margins were squeezed.

The shares of New York-based Morgan Stanley rose 33% in 2020, outperforming the KBW Bank Index’s 4.3% decline.

Here are the numbers:

  • Adjusted earnings of $ 1.92 per share versus $ 1.27 estimate by analysts surveyed by Refinitiv.
  • Revenue of $ 13.64 billion versus an estimate of $ 11.54 billion.
Categories
World News

China sanctions Pompeo, O’Brien, Azar and different Trump administration officers

U.S. Secretary of State Mike Pompeo speaks during a press conference at the Great Hall of the People on June 14, 2018 in Beijing, China.

Lintao Zhang | Getty Images

WASHINGTON – The Chinese government, along with other members of the Trump administration, imposed sanctions on former Secretary of State Mike Pompeo, former National Security Advisor Robert O’Brien and former Trade Advisor Peter Navarro on Wednesday.

“In recent years, out of selfish political interests, prejudice and hatred of China, and regardless of the interests of the Chinese and American people, some anti-China politicians in the United States have planned, promoted, and carried out a series of insane moves that are have been heavily involved in China’s internal affairs, undermined China’s interests, insulted the Chinese people and seriously disrupted China-US relations, “the State Department wrote in a statement.

“China has decided to sanction 28 people who have seriously violated China’s sovereignty and who were primarily responsible for such US actions against China,” the statement also said.

The Chinese government also appointed Former Deputy National Security Advisor Matthew Pottinger, Former Secretary for Health and Human Services Alex Azar, Former U.S. Ambassador to the United Nations Kelly Craft, Deputy Secretary of State for East Asian and Pacific Affairs David Stilwell, and Secretary of State for Economic growth, energy and the environment Keith Krach.

Former National Security Advisor John Bolton and Stephen Bannon were also sanctioned on Wednesday.

“These people and their immediate family members are prohibited from entering mainland China, Hong Kong and Macau. They and their affiliated companies and institutions are also prohibited from doing business with China,” the State Department said in a statement.

US President Donald Trump (L) and China’s President Xi Jinping shake hands at a press conference after their meeting outside the Great Hall of the People in Beijing.

Artyom Ivanov | TASS | Getty Images

The crumbling relationship between Washington and Beijing deepened under the Trump administration after the world’s two largest economies attempted to improve trade ties.

Chinese State Department spokeswoman Hua previously said the Trump administration was “pushing the accelerator to destroy China-US relations”.

“Certain US politicians are so irresponsible that they say whatever has to be said to target China,” she added last summer.

Their comments followed a glowing speech by then-US Attorney General Bill Barr, in which he accused the Chinese government of human rights abuses, espionage and economic blitzkrieg.

“The People’s Republic of China is now in an economic blitzkrieg – an aggressive, orchestrated campaign by the entire government to conquer the dominant heights of the world economy and surpass the United States as the pre-eminent superpower in the world,” Barr said during a speech on Nov. July.

In June, O’Brien slammed China on a list of criminal offenses before saying that “the days of American passivity and naivete about the People’s Republic of China are over”.

Pompeo, who previously referred to Huawei and other state-backed Chinese companies as “Trojan horses for Chinese intelligence”. In July, Pompeo announced that the US was considering banning TikTok and other Chinese social media apps, citing national security concerns.

The Trump administration has also blamed China for the deadly health crisis caused by the coronavirus.