The FDA said the Johnson & Johnson one-dose vaccine appeared safe and effective in trials, paving the way for its approval for emergency use as soon as this week. A Johnson & Johnson executive said the company expects to ship nearly 4 million doses after authorization.
Business & Financial News, U.S & International Breaking News
NRA sues New York attorney general, says she wants to destroy 'political enemy'
The National Rifle Association filed a countersuit against New York Attorney General Letitia James, saying she lacks authority to invoke state laws governing nonprofits in her zeal to destroy the gun rights group.
Drunk driving charge dropped against Springsteen; $500 fine for drinking at beach
Bruce Springsteen was fined $500 on Wednesday after the rock 'n' roll legend pleaded guilty to a charge of consuming alcohol at a federally run New Jersey beach in November, and prosecutors dropped drunk driving and reckless driving charges.
Wall Street advances as Fed's Powell soothes inflation worries
Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.
U.S. new home sales blow past expectations in January
Sales of new U.S. single-family homes increased more than expected in January, boosted by historically low mortgage rates and an acute shortage of previously owned houses on the market.
Senate meetings on Tanden postponed, suggesting lack of support for Biden budget pick
Two Senate committees postponed meetings scheduled for Wednesday to consider President Joe Biden’s pick as budget director, Neera Tanden, suggesting she may not have the votes to be approved and thus become the first high-profile Biden nominee to be rejected.
Milan prosecutors order food delivery groups to hire riders, pay 733 million euros in fines
Milan prosecutors said on Wednesday they had ordered four major food delivery companies to officially hire more than 60,000 workers and pay a total of 733 million euros ($889 million) in fines after an investigation showed their working conditions were inadequate.
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