Foxconn, which makes iPhones, reportedly urged Chinese government to loosen COVID restrictions - MarketWatch

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Read done a roundup of the COVID quality you should cognize about:

  • Foxconn urged looser COVID restrictions successful China. The laminitis of Foxconn Technology Group FXCOF, reportedly wrote a missive attempting to transportation the Chinese authorities to unbend its zero-COVID policy, saying China’s presumption successful the planetary proviso concatenation was nether threat, radical acquainted with the substance told The Wall Street Journal. The Chinese institution is the world’s largest assembler of iPhones. Apple AAPL, +1.17%  said past month that shipments of the iPhone 14 Pro and iPhone 14 Pro Max could beryllium delayed due to the fact that of COVID restrictions successful China.
  • The CDC needs much wealth — and authority. That’s what CDC manager Rochelle Walensky told CQ Roll Call this week, saying that the public-health bureau needs amended information astir COVID surveillance and testing. “[Lawmakers] person nary thought we didn’t person the authorit[y]” to cod specified data, she said.
  • Most young children successful the U.S. tin present get a bivalent COVID booster. The Food and Drug Administration connected Thursday announced changes to the exigency authorizations for the COVID vaccines made by Moderna MRNA, +2.13% and by BioNTech BNTX, +3.66% and Pfizer PFE, +1.26%. Children betwixt the ages of 6 months and 6 years who received Moderna’s two-dose vaccine tin get Moderna’s updated booster shot, and children ages 6 months done 4 years tin get the BioNTech/Pfizer bivalent booster arsenic the 3rd dose successful the superior bid of those companies’ shots. (Children successful this property radical who person received each 3 shots of the archetypal BioNTech/Pfizer vaccine are not yet eligible for a booster.)
  • Guess your virus. There are higher-thannormal levels of respiratory syncytial microorganism (RSV) and influenza circulating successful the U.S. close now, astatine the aforesaid clip that COVID infections are increasing. “Figuring retired what’s making radical sick is going to beryllium a conundrum,” Sandra Fryhofer, an interior medicine physician, said this week.
  • Your Door Dasher tin driblet disconnected your Paxlovid medicine — for free. Walgreens Boots Alliance WBA, -0.17% said Thursday that it’s partnering with DoorDash Inc. DASH, +0.64% and Uber Technologies Inc. UBER, +0.97% to supply escaped same-day transportation of Pfizer’s COVID antiviral Paxlovid.
  • COVID hospitalizations and deaths are expanding successful the U.S. The fig of caller cases successful the U.S. is up 38% implicit the past 2 weeks, with the regular mean of caller infections present astatine astir 60,000, according to a New York Times tracker. Hospitalizations are besides ticking up, with 30% much radical successful the infirmary with COVID than 14 days ago. The fig of COVID deaths is expanding arsenic well, with 343 radical dying connected Wednesday, a fig 4% higher than 2 weeks ago.

Coronavirus Update: MarketWatch’s regular roundup has been curating and reporting each the latest developments each weekday since the coronavirus pandemic began

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