The fall COVID-19 vaccine season is starting slowly for Pfizer, with U.S. sales of its Comirnaty shots sinking 25% after federal regulators narrowed recommendations on who should get them. Approval of updated shots also came several weeks later than usual, and Pfizer said Tuesday that hurt sales as well. Many Americans get vaccinations in the…… MORE
Transportation Secretary Sean Duffy predicted Tuesday that there could be chaos in the skies next week if the government shutdown drags on and air traffic controllers miss a second paycheck. The FAA slows down or even stops flights temporarily anytime it is short on controllers or if there is an equipment problem. There have already…… MORE
NEW YORK (AP) — United States Steel on Tuesday detailed an $11 billion growth plan with new owner Nippon Steel that includes modernizing the century-old steelmaker. U.S. Steel says it has identified more than 200 initiatives to drive operational efficiencies across all business segments, assisted by nearly 50 professionals from Nippon Steel. The company is…… MORE
Novo Nordisk is raising the stakes in its push to outbid rival Pfizer for the development-stage drugmaker Metsera. Metsera says Novo is now offering to pay as much as $10 billion for Metsera, up from a previous bid for up to $9 billion that sparked litigation from Pfizer. Metsera said Pfizer also has changed an…… MORE
HONG KONG (AP) — China’s Commerce Ministry has blamed the Netherlands for what it called “chaos” in the semiconductor supply chain. It said Tuesday that a standoff between the two countries over control of chipmaker Nexperia could threaten global car production. Beijing recently allowed Nexperia’s Chinese unit to resume exports of its computer chips after…… MORE