Experimental Alzheimer’s drug slows cognitive decline in trial, firms say
The upbeat news served as a stark contrast to the calamitous rollout last year of another drug, marketed as Aduhelm, sponsored by the two companies.
The Washington Post
Articles
Senate moves ahead on short-term spending bill after Manchin-backed provision removed
The bill would fund the government through Dec. 16, giving negotiators more time to work out their differences and agree on government spending for fiscal 2023.
CBO: White House plan to cancel student loan debt costs $400 billion
The new cost estimate will add fresh fuel to the debate over President Joe Biden’s decision to cancel up to $20,000 in student debt for eligible borrowers.
Biden to propose airlines disclose extra fees up front
The disclosures would cover any fees for passengers to sit with their children, to change or cancel a flight, and to bring checked or carry-on bags.
Mozilla report takes aim at tech giants’ grip on web browsers
Only three companies currently offer major browser engines, according to the findings. That’s left developers and consumers with limited choices.
U.S. watchdog estimates $45.6B in pandemic unemployment fraud
The new estimate is a dramatic increase from the roughly $16 billion in potential fraud identified a year ago, and it illustrates the immense task still ahead of Washington as it seeks to pinpoint the losses, recover the funds and hold criminals accountable.
EV charging patterns could put strain on power grid, study says
Power companies are offering price breaks to customers who charge their electric vehicles at night, but that’s not an ideal time for a power grid that is switching increasingly to renewables and other clean energy sources.
Have you been taking pills wrong? Here’s what science says.
Researchers at Johns Hopkins University have found whether you’re standing upright or leaning, as well as which side you’re leaning to, could affect how fast the contents of a pill are absorbed into your body.
FDA releasing millions of Moderna boosters after delay at Indiana plant
The FDA’s inspection was focused on production issues at a Bloomington-based plant operated by Catalent, which is helping to bottle and package Moderna’s COVID-19 vaccine.
U.S. charges ‘brazen’ theft of $250M from pandemic food program
Federal prosecutors said the 47 defendants used a complex web of shell companies and bribes to obtain federal pandemic funds in the names of children who did not exist and then spent that money on luxury cars, houses and other personal purchases.
A landmark Supreme Court fight over social media now looks likely
The stakes are high not just for government and the companies, but because of the increasingly dominant role platforms such as Twitter and Facebook play in American democracy and elections.
Colton Herta was poised to become F1’s only U.S. driver. What happened?
The push to bring IndyCar driver Colton Herta to Formula One hit a wall that will likely keep the 22-year-old stateside for another season, raising questions about the sport’s accessibility to drivers who look to join from certain racing leagues.
COVID shots for young kids arrived in June. Few have received them.
Doctors and public health experts never expected there would be so little interest in vaccines for young children.
U.S. sent $1.3B in small-business COVID aid abroad, raising new fraud fears
In total, the Small Business Administration made 41,638 awards to applicants that pursued that aid using computers believed to be located abroad, according to the agency’s inspector general.
U.S. News college rankings draw new complaints, competitors
Several schools in Indiana finished high on this year’s rankings in certain categories, including Rose-Hulman Institute of Technology and Butler University.
U.S. freight railroads to cut services as union talks fail, report says
U.S. freight railroads will reduce their services starting Monday after two of the country’s largest rail unions failed to agree on a new contract this week, the Journal of Commerce reported.
Biden’s visit shows high stakes of $20B Ohio chip factory
Nearby states hope to benefit from the cluster of suppliers that industry experts say is bound to develop around the Ohio site. Indiana officials also have made semiconductor manufacturing a critical element in economic development strategies.
Amazon sellers see ‘scary’ holiday season as consumers pull back
Many merchants fear they’ll be forced to cut prices to move a mountain of unsold inventory. It’s an abrupt change from the previous two years when sellers scrambled to get enough products into Amazon warehouses to meet pandemic-fueled demand.
IRS to look into setting up free electronic tax filing system
The IRS has lacked the funding—or the clout to outmaneuver private lobbyists—to seriously consider its own e-filing platform, current and former officials say, forcing taxpayers instead to deal with a consortium of private providers.
U.S. plans shift to annual coronavirus shots, similar to flu vaccine
The federal government has purchased more than 170 million doses of the updated boosters, and doses began shipping last week, following authorization by the Food and Drug Administration.