Analysis Numerous independent directors of companies listed on the Shanghai and Shenzhen stock exchanges have resigned after the conclusion of the Kangmei Pharmaceutical trial, which found the health care company guilty of fabricating its financial statements. The court also ruled that Kangmei’s executives and board members are also liable and must compensate investors. The verdicts…
Resignations of Senior Executives Follows China’s Biggest Financial Fraud Trial
Pfizer Seeks FDA Authorization for COVID-19 Booster Shots in 16- and 17-Year-Olds
Pfizer CEO and Chairman Albert Bourla on Tuesday announced that the company and its partner BioNTech have submitted a request to the U.S. Food and Drug Administration (FDA) seeking to expand authorization for its COVID-19 booster shot for use in 16- and 17-year-olds. It comes after U.S. regulators last week expanded the eligibility for a…
Pfizer Seeks FDA Authorization for COVID-19 Booster Shots in 16-, 17-Year-Olds
Pfizer CEO and Chairman Albert Bourla on Tuesday announced that the company and its partner BioNTech have submitted a request to the U.S. Food and Drug Administration (FDA) seeking to expand authorization for its COVID-19 booster shot for use in 16- and 17-year-olds. It comes after U.S. regulators last week expanded the eligibility for a…
LA to Enforce Homeless Encampment Bans in Parks, Elementary School in District 12
LOS ANGELES—The Los Angeles City Council passed a motion Nov. 30 to enforce the ban on homeless encampments in seven locations of District 12 amid the city’s growing homeless population. An ordinance passed earlier this year banned homeless encampments in the public right-of-way; however, a city council vote is required before the ban can be…
FDA Advisers Vote to Recommend Merck COVID-19 Pill for Emergency Use Authorization
Outside advisers to the U.S. Food and Drug Administration (FDA) on Tuesday narrowly voted to recommend the agency grant emergency use authorization (EUA) for a drug from Merck and Ridgeback Biotherapeutics to treat COVID-19, called molnupiravir. Members of the FDA’s Antimicrobial Drugs Advisory Committee voted 13 for and 10 against the EUA for molnupiravir, agreeing with…
Suspected Wisconsin Parade Killer Charged With Sixth Count of Intentional Homicide
The man accused of ramming his SUV into a Christmas parade in Wisconsin earlier this month has been hit with a sixth count of intentional homicide following the death of 8-year-old Jackson Sparks. Darrell Brooks was charged in Waukesha County Court with the felony. Prosecutors told a presiding court officer last week that a boy…
Loudoun County Moms Set Out to Protect Their Children, Now They’re Trying to Save America
LOUDOUN COUNTY, Va.—In December 2020, Shawntel Cooper, a mother of two in northern Virginia, noticed something new in her fourth-grade daughter’s morning class routine. Cooper had just switched roles in her company and was able to work from home, and her daughter, like most of America’s schoolchildren, was remote learning due to the COVID-19 pandemic….
Judge Expands Block of Biden’s COVID-19 Vaccine Mandate for Health Care Workers
A federal judge in Louisiana on Tuesday issued a preliminary injunction to block President Joe Biden’s national COVID-19 vaccine mandate for health care workers, which had been set to go into effect next week. U.S. District Judge Terry Doughty in Monroe, Louisiana, issued the injunction (pdf) to expand a separate order issued on Monday by…
Federal Judge Blocks Biden’s COVID-19 Vaccine Mandate for Health Care Workers
A federal judge in Louisiana on Tuesday issued a preliminary injunction to block President Joe Biden’s national COVID-19 vaccine mandate for health care workers, which had been set to go into effect next week. U.S. District Judge Terry Doughty in Monroe, Louisiana, issued the injunction (pdf) to expand a separate order issued on Monday by…
Harkening Back to the Era of John Howard
Commentary In June 1998, the Howard government looked to be in serious trouble. Notwithstanding having brought the budget back to surplus in just two years, introducing serious industrial relations reform, taking on the militant Maritime Union of Australia, it looked, for all intents and purposes, as if Howard would be only the second prime minister…
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