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December 23 - According to the Sing Tao Daily, Biren Technology began accepting subscriptions for its Hong Kong initial public offering (IPO) on Monday, with margin financing oversubscribed by nearly 47 times on the first day. The company plans to issue 247.7 million shares, aiming to raise up to HK$4.85 billion.On December 23, the U.S. Food and Drug Administration (FDA) approved the oral tablet version of Novo Nordisks weight-loss drug Wegovy. Novo Nordisk refers to the drug as Wegovy oral tablets. Its active ingredient is the same as the original Wegovy and its diabetes sister drug Ozempic, both being semaglutide. Wegovy and Ozempic are both weekly injectable GLP-1 hormone mimics, as are their competitors Eli Lillys Zepbound and Mounjaro. According to the Kaiser Family Foundation, a health policy research organization, approximately one in eight adults in the U.S. are currently taking one of these medications. Novo Nordisk stated that clinical trials showed that the weight-loss effects and side effects of Wegovy oral tablets are broadly similar to those of the Wegovy injection, and it will be available in the U.S. with a prescription starting in January. Novo Nordisks Chief Medical Officer for the U.S., Brett, stated, "We believe this will expand patient choice and accessibility; we know some patients simply do not want to use injectable medications."December 23 – Since the Trump administration tightened restrictions on Venezuelan oil revenues by locking down tankers, more than a dozen oil tankers have been loading oil off the Venezuelan coast. According to shipping intelligence firm Kepler, approximately 14 vessels have completed loading since December 11, at least six of which are sanctioned. Most loading operations have taken place in the ports of Bajo Grande and Jose. Data shows that despite escalating tensions, oil loading activity is proceeding at a near-normal pace.Novo Nordisk (NVO.N): Novo Nordisks Wegovy is being manufactured in the United States.US President Trump: Everyone is tired of Russias war in Ukraine.

U.S. No Longer Enforces Mask Requirement on Aircraft And Trains

Haiden Holmes

Apr 19, 2022 09:57

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Soon after the announcement, United Airlines and Alaska Airlines lifted the restrictions on all domestic flights, effective immediately.


The judgment by President Donald Trump's appointment, U.S. District Judge Kathryn Kimball Mizelle, came in response to a case brought last year in Tampa, Florida, by an organization called the Health Freedom Defense Fund.


Judge Mizelle said that the US Centers for Disease Control and Prevention (CDC) exceeded its jurisdiction with the requirement, did not solicit public feedback, and failed to sufficiently explain their judgments.


While the agencies considered possible next moves, a US administration official said that the court's judgment meant the CDC's public transit masking order was no longer in place. The administration may still appeal the ruling or request an emergency stay of enforcement.


"As a result, the TSA will not enforce its Security Directives and Emergency Amendments mandating the wearing of masks on public transit and transportation hubs at this time," the official said in a statement.


"The Centers for Disease Control and Prevention recommended that persons continue to use masks in enclosed public transit environments."


The verdict comes as COVID-19 infections continue to climb in the United States, with an average of 36,251 new infections and 460 daily fatalities based on a seven-day average - the highest documented total COVID-19 mortality in the world.


According to the White House, the verdict was "disappointing."


US health authorities extended by 15 days last week the regulation mandating passengers to wear masks on flights, trains, taxis, ride-share vehicles, and transportation hubs, citing a need to examine the effect of a recent increase in COVID-19 cases.


Industry groups and Republican legislators pressed the administration this week to repeal the 14-month-old mask rule.


United Airlines said Monday that masks are no longer needed on domestic flights and certain foreign flights, as well as at domestic airports in the United States. Alaska Airlines said that face masks are now available as an option on its aircraft.


The Transportation Security Administration (TSA) and the Federal Aviation Administration (FAA) refused to comment. The Centers for Disease Control and Prevention refused to comment.


In February 2021, the CDC issued the first public health rule mandating masks in interstate transportation. To execute the CDC mandate, the TSA issued a security directive.


Since January 2021, the FAA has documented a record 7,060 rowdy passenger events, with 70% involving disguising regulations.


Sara Nelson, president of the Association of Flight Attendants, pleaded with "In airports and on airplanes, maintain a state of serenity and consistency. Today, the last thing we need is uncertainty and mayhem for frontline staff and passengers flying."


Airlines for America, which represents the country's main passenger airlines, said after the news that they are "vigorous supporters for repealing pandemic-era rules and are delighted by the repeal of the federal transportation mask requirement."


Last month, the United States Senate voted 57-40 to repeal a public health directive mandating masks on aircraft and other modes of public transportation, prompting President Joe Biden to threaten a veto.