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Health

CVS stops giving J&J Covid vaccines in pharmacies, nonetheless provides pictures at some MinuteClinics

A nurse will give a syringe to the FEMA-sponsored COVID-19 vaccination site at Valencia State College on the first day the site resumes offering the Johnson & Johnson vaccine.

Paul Hennessy | LightRakete | Getty Images

CVS Health has discontinued Johnson & Johnson’s single-dose Covid-19 vaccine in its pharmacies and only makes vaccinations available in about 10% of its retail locations, the company told CNBC on Wednesday.

The drugstore chain said it made the change in the past few weeks. Customers can still get the syringes at nearly 1,000 MinuteClinic locations in 25 states, and Washington DC MinuteClinics are located in some of the company’s drug stores and provide medical care and other services such as diagnostic tests and vaccines.

CVS pharmacies will continue to offer the two-dose vaccines Pfizer-BioNTech and Moderna Covid nationwide, according to CVS spokesman Mike DeAngelis. He declined to say how many pharmacies were affected by the change, however said it would help with vaccine supply to the drugstore chain.

CVS has more than 9,900 retail locations according to its 2020 annual report.

J&J did not immediately respond to CNBC’s request to comment on the change.

J & J’s vaccine was touted as a blessing by federal health officials when it was approved by the FDA in late February because it only requires one dose and can be stored at refrigerator temperatures for months. Since then, it has suffered from poor public perception of its overall effectiveness, concerns about rare side effects, and production delays.

For some Americans, concerns about the one-shot vaccine have increased with the advent of the Delta variant, which can spread more easily and cause more serious illness than the original coronavirus. Some people have even gone so far as to look for an extra dose not yet recommended by the Centers for Disease Control and Prevention. This week, San Francisco health officials announced they would allow patients who received a J&J vaccine to have a second vaccination from Pfizer-BioNTech or Moderna.

The change by CVS will affect the availability of the recordings for many Americans. J & J’s vaccine is already not getting as much uptake in the US as mRNA vaccines.

According to the CDC, approximately 13.5 million doses of the J&J vaccine had been administered in the US by Tuesday. This compares to a combined total of 333.6 million doses for the vaccine from Pfizer and Moderna.

Dr. Paul Offit, who served on advisory boards for both the CDC and the Food and Drug Administration, said J & J’s vaccine really “suffered” after federal health officials urged states in April to suspend vaccination “as a precaution.” “While examining six women who developed a rare but severe bleeding disorder, said

The recommended break was lifted 10 days later after U.S. officials determined that the benefits of the vaccinations outweigh their risks.

“I think the public is hearing that the vaccine is going off the market for a while and it’s just hard to get past that scarlet letter,” said Offit, also director of the Vaccine Education Center at Children’s Hospital of Philadelphia.

The company and U.S. health officials have claimed the single-use vaccine is safe and highly effective, particularly against serious illness, hospitalizations, and death. J&J reported last month that new research found that its vaccine was effective against the highly contagious Delta even eight months after being vaccinated.

– CNBC’s Nate Rattner contributed to this report.

Categories
Business

Bitcoin (BTC) value falls after Tesla stops automobile purchases with crypto

Artur Widak | NurPhoto | Getty Images

GUANGZHOU, China – Hundreds of billions of dollars were wiped from the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would stop buying cars with bitcoin.

According to Coinmarketcap.com, the value of the entire cryptocurrency market was around $ 2.43 trillion at around 6:06 a.m. Singapore time on Thursday when Musk made the announcement.

By 8:45 a.m., market cap had dropped to around $ 2.06 trillion and wiped out around $ 365.85 billion. The market has reduced some losses. Since Musk’s tweet, the cryptocurrency market had lost $ 165.75 billion in value at around 9:22 a.m. Singapore time.

In February, Tesla announced in a filing for approval that it had purchased $ 1.5 billion worth of Bitcoin and planned to accept the cryptocurrency for payments.

Citing environmental concerns Thursday, Musk said Tesla was “concerned about the rapidly increasing use of fossil fuels for bitcoin mining and transactions, particularly coal, which has the worst emissions of any fuel.”

Bitcoin is not issued by a single entity such as a central bank. Instead, it is maintained by a network of so-called “miners”. These miners use specially designed computers that use a great deal of energy to solve complex math puzzles in order to make Bitcoin transactions. Bitcoin’s energy consumption is higher than in some individual countries.

At around 9:34 a.m. Singapore time, Bitcoin fell more than 12%, falling below the $ 50,000 mark for the first time since April 24, according to CoinDesk data. Despite the recent decline, Bitcoin is still up over 400% in the past 12 months.

Other cryptocurrencies Ether and XRP were also significantly lower.

Musk was a big advocate of digital currencies like Bitcoin and Dogecoin and has helped drive prices up over the past few months.

Tesla CEO said the company will not sell Bitcoin and intends to use it for transactions “once mining moves to more sustainable energy.”

Bitcoin has piqued interest over the past year as companies like Square and Tesla announced Bitcoin purchases and large institutional investors entered the cryptocurrency space. Large investment banks like Goldman Sachs and Morgan Stanley have also been looking for ways to give their wealthy clients exposure to Bitcoin.

Categories
Business

Tesla stops accepting Bitcoin as cost for its vehicles.

Three months after Tesla announced it would accept the cryptocurrency Bitcoin as a means of payment, the electric car manufacturer abruptly reversed course.

In a message posted on Twitter on Wednesday, Elon Musk, Tesla’s chief executive officer, said Tesla had suspended accepting Bitcoin because of concerns about the energy consumption of computers crunching the calculations that back the currency.

“Cryptocurrency is a good idea on many levels and we believe it has a bright future, but it cannot result in high environmental costs,” wrote Musk. “We are concerned about the rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”

Earlier this year, Tesla announced it had bought $ 1.5 billion worth of Bitcoin, and Mr Musk announced the company’s plan to accept the currency. Tesla later sold around $ 300 million of its Bitcoin holdings, revenue that replenished profits in the first quarter.

“Tesla will not sell bitcoin and we intend to use it for transactions once mining moves to more sustainable energy,” wrote Musk on Wednesday of the process by which new bitcoin is created.

According to Coindesk, the price of Bitcoin fell slightly after the announcement.

As cryptocurrencies lose value, the energy consumption of digital currencies is increasingly being scrutinized. Some estimates suggest that Bitcoin’s energy consumption affects more than the entire country of Argentina.

“Bitcoin uses more electricity per transaction than any other method known to man, so it’s not a great climate thing,” Bill Gates said in February.

Mr Musk also said Wednesday that Tesla is “researching” other cryptocurrencies that use a fraction of the energy used by Bitcoin. Mr Musk was a promoter of Dogecoin, a cryptocurrency that started out as a joke but exploded in value. On an appearance on Saturday Night Live last week, Mr. Musk described Dogecoin as “hectic.” Dogecoin fell nearly a third in price on the night of the show.

Categories
Politics

White Home Warns Russia on Bounties, however Stops Wanting Sanctions

WASHINGTON – The Biden administration warned the Kremlin Thursday of the CIA’s conclusion that Russia had covertly offered militants payments to encourage more killings of American and coalition forces in Afghanistan, and issued the diplomatic admonition than Moscow over sanctions Hacking and electoral influence.

However, the government has stopped sanctioning Russian officials for the alleged bounties, clarifying that the available evidence of what happened – especially what Afghan detainees told the interrogators – still does not definitively prove that Russia paid for the reward of attacks paid.

The intelligence community, a senior government official told reporters, “rates with low to moderate confidence that Russian intelligence officers have attempted to encourage Taliban attacks against US and coalition personnel in Afghanistan in 2019 and possibly earlier, including through financial incentives and compensation. “

The New York Times first reported the existence of the CIA’s assessment last summer and that the National Security Council had been running an inter-agent process to develop a range of response options – but those months had passed and the Trump White House had not approved a response. not even a diplomatic protest.

The Times also reported that the available evidence for this assessment centered on what detainees believed to be part of a Taliban-affiliated criminal-militant network reported to the interrogators, along with suspicious travel patterns and financial transfers that the CIA medium placed confidence in his conclusion.

However, it was also reported that the National Security Agency, which focuses on electronic surveillance, placed less confidence in the assessment, citing the lack of electronic listening devices for smoke guns. Analysts from two other consulted agencies, the National Counterterrorism Center and the Defense Intelligence Agency, are also believed to have split, the former supporting the CIA and the latter supporting the National Security Agency.

Former intelligence officials, including in testimony on the subject before Congress, have stated that in the murky world of intelligence, it is rare to have evidence in the courtroom without a reasonable doubt about what an adversary is doing in secret.

President Biden’s administration re-examining the available evidence had uncovered nothing new and significant that could bring more clarity to this murky intelligence portrait, leaving disagreement over the level of confidence, an official familiar with internal reasoning said.

The Biden official’s statement to reporters was consistent with this report.

Intelligence agencies, said the official, “have little to moderate confidence in this verdict, also because of the reporting of detainees and the challenging operating environment in Afghanistan.”

“Our conclusion,” the official continued, “is based on information and evidence of links between criminal agents in Afghanistan and elements of the Russian government.”

The officer did not explain. One problem with the evidence available, however, The Times reported last year, was that the leader of the suspected criminal-militant network believed to have interacted directly with Russian intelligence officials, Rahmatullah Azizi, fled to Russia – possibly connected to a Russian spy agency using a passport.

The new Washington

Updated

April 15, 2021, 6:10 p.m. ET

As a result, the detainees who told the interrogators what they had been told about the alleged agreement were not in the room for talks with Russian intelligence officials themselves. Even without electronic interception, there was a sample of evidence that corresponded to the assessment of the CIA, but no explicit eyewitness account of the interactions.

The Russian government has denied having covertly offered or paid bounties to fuel attacks on American and coalition forces in Afghanistan.

The public disclosure of the CIA’s assessment – and months of inactivity by the White House in response – sparked bipartisan turmoil in Congress. President Donald J. Trump defended the inaction, calling the coverage a “joke”. His White House denied it had been reported and tried to dismiss the intelligence service rating as too weak to be taken seriously.

In fact, it was included in his written briefing at the end of February 2020 and was more widely disseminated to the intelligence community in early May.

However, it was also true that analysts from the CIA’s National Security Agency disagreed on how much confidence should be placed in the agency’s conclusion, based on the incomplete set of evidence available. The Trump administration has played this split.

Michael J. Morell, a former acting CIA director, denied a White House testimony before Congress, suggesting that such an assessment must be unanimously supported by intelligence agencies in order to be taken seriously.

In previous administrations, he said last July, officials would have immediately told both the president and the congressmen of this ruling and any disagreement if the intelligence services had evaluated such information at any level of confidence. If the confidence level were low, an administration would seek more information before acting, while a medium or high confidence rating would most likely result in a response.

“You never have certainty in intelligence,” added Mr. Morell.

Mr Trump never addressed the issue of bounty education in his talks with Russian President Vladimir V. Putin. But after the CIA’s assessment was made public, senior military and diplomatic officials, including then Secretary of State Mike Pompeo, warned their colleagues.

“If the Russians offer money to kill Americans or other Westerners, there will be an enormous price. I shared that with Foreign Minister Lavrov, ”said Pompeo during a trip to the Czech Republic in August. “I know our military has also spoken to their senior leaders. We won’t bear that. We will not tolerate that. “

In testimony to Congress and in other statements, senior Pentagon officials said being trapped between a desire not to tighten the White House and a desire not to be indifferent to the safety of the troops, would be indignant when the CIA assessment would be correct, but also hadn’t seen definitive evidence.

“It is not closed because we never complete investigations that involve threats or potential threats to US forces,” said General Kenneth F. McKenzie Jr., head of Pentagon Central Command late last year when he asked about the status of the Investigation was asked. “We’re looking at it very carefully.”

Meanwhile, as a presidential candidate, Mr Biden attacked Mr Trump for failing to counter the CIA assessment, portraying it as part of a strange pattern of respect that Mr Trump had shown towards Russia. Mr Biden mentioned the matter in his speech accepting the Democratic nomination and brought it up in his first call as President to Mr Putin.

While the sanctions imposed on Thursday were based on suspected Russian misdeeds other than suspected bounties, the senior administration official said that diplomatic action on the information available “is a burden on the Russian government to explain its actions and take action to address this disruption address patterns of behavior. “

The official added: “We cannot and will not accept our staff’s orientation in this way.”

Julian E. Barnes and Eric Schmitt contributed to the coverage.