FDA withdraws Covid antibody treatment Evusheld because it’s not effective against 93% of subvariants

Evusheld (tixagevimab and cilgavimab) injection, a new COVID-19 treatment that people can take before becoming symptomatic. (Chris Sweda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sweda | Tribune News Service | Getty Images The Food and Drug Administration on Thursday pulled its authorization for AstraZeneca‘s Evusheld, an antibody injection that people with weak immune systems relied on for additional protection against Covid-19. The FDA pulled Evusheld from the market because it is not effective against more than 90% of the Covid subvariants that are currently circulating in the U.S. The…

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Facebook and Instagram will reinstate Trump after two-year ban

An image of President Donald Trump appears on video screens before his speech to supporters from the Ellipse at the White House in Washington on Wednesday, Jan. 6, 2021, as the Congress prepares to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc. | Getty Images Meta will allow former President Donald Trump to return to Facebook and Instagram, the company announced, two years after his suspension was enacted following the 2021 insurrection at the U.S. Capitol. “As a general rule, we don’t want to get in the…

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Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Dutch chip equipment maker ASML forecast a jump in 2023 revenue as the semiconductor industry predicts there will be a reacceleration of growth in the second half of this year. ASML is one of the world’s most important companies in the chip supply…

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Biden makes surprise video appearance on ‘SNL,’ joining host Aubrey Plaza

U.S. President Joe Biden speaks during the National Association of Counties Legislative Conference in Washington, D.C., U.S., February 15, 2022. Joshua Roberts | Reuters President Joe Biden made a surprise video appearance on “Saturday Night Live” during first-time host Aubrey Plaza’s monologue. The “White Lotus” star, who, like Biden, is from Delaware, joked that she was voted the most famous person from the state, beating out the president. “That’s a fact and he was pissed, he was livid,” Plaza said. Biden then appeared via video and said, “Aubrey, you’re the…

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Will Ensure Quad Remains A Positive Force: US-Japan Joint Statement

The United States and Japan said on Friday that they will work with India and Australia to ensure that the Quad remains a positive force. The two countries issued a joint statement following a meeting between US President Joe Biden and Japanese Prime Minister Fumio Kishida at the White House on Friday. “With an unbreakable bilateral relationship as our foundation, we will also collaborate with others, both in the region and beyond, for the benefit of the Indo-Pacific and the world,” said the joint statement. “Together with Australia and India,…

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U.S. Chamber of Commerce threatens to sue the FTC over proposed ban on noncompete clauses

Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters A major business advocacy group has pledged to sue the Federal Trade Commission if it acts on a proposal to ban noncompete clauses in worker contracts — an issue that has bipartisan support among lawmakers. The U.S. Chamber of Commerce, which represents some 3 million businesses, is prepared to sue if the FTC continues to push for a proposal that prohibits companies from…

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Biden’s plea to lawmakers in rare op-ed: Unite to hold tech accountable

U.S. President Joe Biden speaks during a cabinet meeting in the Cabinet Room of the White House January 5, 2023 in Washington, DC. Drew Angerer | Getty Images President Joe Biden called on Republicans and Democrats in Congress to unite and pass legislation that places new guardrails on the tech industry, writing in a Wall Street Journal op-ed Wednesday that the administration’s current authority to rein in Big Tech isn’t enough. “We need bipartisan action from Congress to hold Big Tech accountable,” Biden wrote. The op-ed is one of the…

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Biden administration extends Covid public health emergency as highly infectious omicron XBB.1.5 spreads

People wearing masks walk next to coronavirus disease (COVID-19) testing site in New York City, New York, U.S., December 12, 2022.  Eduardo Munoz | Reuters The Biden administration has extended the Covid-19 public health emergency until April as a highly transmissible omicron subvariant stokes concern that the U.S. may face another wave of hospitalizations from the disease this winter. “The COVID-19 Public Health Emergency remains in effect, and as HHS committed to earlier, we will provide a 60-day notice to states before any possible termination or expiration,” a spokesperson for…

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House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress

New U.S. Speaker of the House Kevin McCarthy, R-Calif., speaks with reporters in Washington, Jan. 7, 2023. Jon Cherry | Reuters House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year.    Passing along party lines, the bill would rescind tens of billions allocated to the agency over the next decade through the Inflation Reduction Act passed in August. The measure doesn’t have the support to pass in the Democratic-controlled Senate, and…

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Biden declares emergency in California as more winter storms advance

U.S. President Joe Biden speaks during a cabinet meeting in the Cabinet Room of the White House January 5, 2023 in Washington, DC. Drew Angerer | Getty Images President Joe Biden on Monday declared an emergency in California after a barrage of deadly winter storms have prompted widespread power outages and flooding since last week. Extreme downpours, high winds and flash floods have caused at least 12 fatalities in the past ten days and created power outages for hundreds of thousands of homes and businesses across the state. National Weather…

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