New York state has the lowest seven-day average Covid-19 positivity rate at 0.44 per cent, governor Andrew Cuomo said, citing Johns Hopkins University data. On Sunday, the state health department said 383 new positive cases were identified from 110,437 tests – a rate of just 0.35 per cent. “We’re beating back Covid-19 across the state…
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New COVID-19 cases are declining across most of the country, even in some states with vaccine-hesitant populations. But almost all states bucking that trend have lower-than-average vaccination rates, and experts warn that relief from the pandemic could be fleeting in regions where few people get inoculated. Case totals nationally have declined in a week from…
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Growth of Sony Group’s semiconductor business has slowed, reflecting a plunge in shipments of image sensors for smartphones to Huawei Technologies as a result of the US-China trade war. Although Sony has avoided a fall in the volume of shipments thanks to orders from other Chinese smartphone makers, the recovery of earnings appears likely to…
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US president Joe Biden declared that western democracies were “in a contest with autocrats”, and challenged leaders of G7 countries to use their financial muscle to counter China’s rising global influence. Biden said he was “satisfied” with the outcome of the G7 summit in Cornwall on Sunday, but pushed European leaders to be more ambitious…
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Germany’s Green party adopted an election manifesto on Sunday that vowed to transform the country’s economy and fast-track its transition to carbon neutrality by ten years to 2035. Pledging to turn Germany into a “socio-ecological market economy”, Annalena Baerbock, the party’s candidate for chancellor, this weekend proposed a “pact with German industry”. Companies that became…
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Tristan Abbey Contributor Tristan Abbey is President of Comarus Analytics LLC. He served as senior policy advisor at the U.S. Senate Committee on Energy and Natural Resources and as director for strategic planning at the National Security Council. No single question bedevils American energy and environmental policy more than nuclear waste. No, not even a…
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Excessively fragile, overdependent on unproven companies and prone to human errors that can wipe out service to millions — the outages that often hit online services can make the internet feel like a house of cards. Digital life has become so important during the pandemic, why do we depend on a communications network whose reliability…
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The Atlantic hurricane season, which begins in June and lasts throughout November, is upon us. Coastal homeowners have reason to be worried. So do shareholders. Until recently, reinsurers and banks have borne most of the market risk of climate change. Now things are changing. Individual companies are being held explicitly responsible for the risks of…
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The day after Lehman Brothers collapsed, Jeff Lawson sat in the office of a venture capitalist who liked his idea for a voice messaging program but couldn’t commit to an investment. “Super interesting, but sorry, no,” Lawson recalls the investor saying. That scenario repeated itself during the summer of 2008, and Lawson failed to raise…
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US biotech company Vaxxinity has raised the prospect of breakthroughs in treating Alzheimer’s and Parkinson’s as a result of the unprecedented resources and energy channelled into vaccine research since the start of the pandemic. Covid-19 has already resulted in the first approved mRNA-based vaccines and now Vaxxinity is developing a novel coronavirus shot using synthetic…
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