Highlights

Business

How BioNTech went from a little-known biotech company to creating the Covid vaccine

It was Jan. 24, 2020 when BioNTech CEO Uğur Şahin knew that Covid-19 was likely to become a global pandemic. Though it was over a month and a half before the World Health Organization officially declared a pandemic, Sahin met with his wife, BioNTech's co-founder and chief medical officer Özlem Türeci. Together, they agreed to redirect most of the company's resources to developing a vaccine. "He approached me and explained his thoughts and his his fears," Türeci said. "And it was immediately clear to both of us that the…

Covid vaccine boosters are now available. Here’s who’s eligible for Pfizer, Moderna and J&J’s shots

A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021.Emily Elconin | ReutersNearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson's vaccines Thursday night.The agency's decision also enables fully immunized people to pair their boosters with doses from different…

Without firm school mask mandate deadlines, ‘we can sleepwalk into indefinite masking,’ says Harvard professor

Harvard University associate professor Dr. Joseph Allen argued in favor of pulling back on masking children in schools, especially as U.S. drug regulators are set to authorize the Covid-19 vaccine to kids ages 5 to 11."We have to be careful that, if we don't set firm deadlines, it's easy to see how we can sleepwalk into indefinite masking," said Allen during a Friday evening interview on CNBC's "The News with Shepard Smith." "With the approval of vaccines, expected very shortly, for 5 to 11-year-olds, it makes sense that…

Phoenix Suns deny owner Robert Sarver is racist, sexist ahead of possible ESPN report

Owner Robert Sarver stands with the Western Conference Championship trophy after the Suns beat the LA Clippers to win the series in Game Six of the Western Conference Finals at Staples Center on June 30, 2021 in Los Angeles, California. The Suns beat the Clippers to advance to the NBA Finals.Harry How | Getty Images Sport | Getty ImagesThe Phoenix Suns on Friday denied allegations of racism, sexism and harassment against owner Robert Sarver, ahead of the release of a "proposed story" from ESPN."This story is completely…

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Fatal prop gun shooting shows why Hollywood crews are fighting for better working conditions

Security guards and a compliance officer at New Mexico's Bonanza Creek Ranch on Oct. 22, 2021, the film set where actor Alec Baldwin fatally shot cinematographer Halyna Hutchins and wounded a director when he discharged a prop gun.Adria Malcolm | ReutersWhile injuries or death from prop firearms are extremely rare, the accidental killing of Halyna Hutchins on a Sante Fe movie set Thursday has sparked inquiries about working conditions for Hollywood crew members."I've been in the industry 21 years," said Kevin Williams,…

Boston Beer tossed ‘millions of cases’ of Truly hard seltzer instead of discounting it, chairman says

Boston Beer Chairman Jim Koch told CNBC on Friday the company decided to throw away excess supply of Truly hard seltzer, instead of discounting it, in response to a categorywide sales slowdown."We were very aggressive about adding capacity, adding inventory, buying raw materials, like cans and flavors, and, frankly, we overbought," Koch, who also founded the Samuel Adams parent, said in an interview on "Closing Bell." "And when the growth stopped, we had more of all those things than we were going to be able to use,…

Movie ticket sales have topped 2020’s paltry box office, but still trail 2019’s haul by 70%

With just two months before the end of the year, the coronavirus pandemic continues to loom large over the film industry.Ticket sales in 2021 have already outpaced 2020's paltry box office. But sales still lag nearly 70% behind 2019's $11.4 billion haul. As of Sunday, the domestic box office has tallied $2.84 billion in ticket sales, according to data from Comscore. Box office receipts have steadily improved throughout the year, as new films have become available on the big screen and audiences have grown more comfortable…

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