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Stephane Bancel - A + A BENGALURU (Jan 17): Moderna Inc's vaccine candidate against the Omicron coronavirus variant will enter clinical development in the next few weeks and the company expects to be able to share data with regulators around March, chief executive officer (CEO) Stephane Bancel said on Monday. "The vaccine is being finished... it should be in the clinic in coming weeks. We are hoping in the March time frame to be able to have data to share with regulators to figure out next steps," Bancel said at the World Economic Forum's virtual Davos Agenda conference. Moderna is also developing a single vaccine that combines a booster dose against Covid-19 with its experimental flu shot. Bancel said the best case scenario was the combined Covid-19/flu vaccine would be available by the fall of 2023, at least in some countries. "Our goal is to be able to have a single annual booster so that we don't have compliance issues where people don't want to get two … [Read more...] about Moderna CEO says data for Omicron-specific shot likely available in March

Brian Klaas is an associate professor of global politics at University College London and a columnist for the Washington Post , where he frequently comments on U.S. foreign policy and democratization. For his latest and fourth book exploring the acquisition and repercussions of power, he traveled around the globe and interviewed more than 500 powerful people—from CEOs to cult leaders—and scoured the world for experts who research power, such as neuroscientists, behavioral economists, and anthropologists. advertisement advertisement Below, Klaas shares five key insights from his new book, Corruptible: Who Gets Power and How It Changes Us . Listen to the audio version—read by Klaas himself—in the Next Big Idea App. 1. Power doesn’t just corrupt—it attracts the corruptible. We’ve all heard Lord Acton’s famous aphorism: power tends to corrupt, and absolute power corrupts absolutely. Lord Acton was correct, but that’s just the tip of the iceberg. … [Read more...] about I interviewed more than 500 powerful people—from CEOs to cult leaders. Here’s why second-in-command is better

The pandemic exposed some of the best and worst management practices at some of the world’s most storied enterprise organizations. Almost no company had plans to pivot to a remote work environment in the blink of an eye, but that’s exactly what most companies, including Verizon, had to do. Those who put quick transitions into action came out stronger, while others struggled in the new norm, putting their employees and customers at a disadvantage. advertisement advertisement How did some companies get this right when others were too slow and ultimately lost market position? After speaking to dozens of executives over the last 18 months, there is a common thread: Those who quickly and clearly defined success for their employees thrived, while those who over-managed and tried to prescribe every move struggled. We have come to appreciate a very simple truth about leadership: Effective leaders empower their people. Too many leaders fail to appreciate … [Read more...] about This little-known leadership principle can provide clarity during uncertain times

File image of US President Joe Biden (AP Photo/Alex Brandon) Joe Biden was Barack Obama’s vice president. His Treasury secretary, Janet Yellen, was Obama’s pick to lead the Federal Reserve. The director of Biden’s National Economic Council, Brian Deese, was deputy director of Obama’s National Economic Council. His chief of staff, Ron Klain, was his chief of staff for the first two years of the Obama administration and then Obama’s top Ebola adviser. And so on. The familiar names and faces can obscure how different the new administration, in practice, has become. The problems Biden is facing are an almost perfect inversion of the problems Obama faced. The Obama administration was bedeviled by crises of demand. The Biden administration is struggling with crises of supply. For years, every conversation I had with Obama administration economists was about how to persuade employers to hire and consumers to spend. The 2009 stimulus was too small, and while we avoided a second … [Read more...] about This isn’t the presidency Joe Biden imagined for himself

Whether we like it or not, when we make decisions about careers, risks , and investments, to name just three things, our prior experiences will influence us. That means your behaviors and attitudes today are impacted by the past, even if there's no direct, obvious correlation. While this can be good or bad, you should be aware that by seeking some other opinions , you might get a clearer perspective on what is currently on your plate. Trouble in the past Here are three examples of how past financial mistakes impact entrepreneurs today. I know one entrepreneur who took a one-year, 36% interest loan over a 10-year, 6% Small Business Administration-backed loan that would have required him to place a lien on his home. He felt he was more conservative, but the loan bankrupted him. Today, he's nearly paralyzed with fear when it comes to loans, severely limiting his growth prospects. Then there's the husband-an-wife team I know who found … [Read more...] about Why Learning to Trust Outside Opinions Can Solve Your Biggest Problems

“The Gentlemen” with Matthew McConaughey is an outstanding movie. I’m going to keep this pretty spoiler-free because it’d be hard to hand out spoilers, and then have you guys enjoy it at the theater, which is what I want you all to do. (RELATED: The Trailer For ‘ Westworld ‘ Season 3 Has Been Released. It’s Absolutely Insane) As you all know, I’m a huge fan of McConaughey’s work , and I was pumped for “ The Gentlemen ” from the moment I saw the first preview. The plot is reasonably simple. An American-born drug kingpin (McConaughey) in England is trying to sell off his empire to an American billionaire. There are a lot of different competing interests, but that’s the baseline for the whole movie. Let me say this: “ The Gentlemen ” is one of the best movies I’ve seen in a very long time. I put it right up there with some of McConaughey’s greatest work. There’s tons of twists and turns, the storytelling is incredible, the acting is outstanding and there’s … [Read more...] about REVIEW: ‘The Gentlemen’ With Matthew McConaughey Is An Incredible Movie

It sounds like Rian Johnson’s “Star Wars” trilogy is still happening. Johnson directed and wrote “Star Wars: The Last Jedi,” and it was announced in 2017 that he was getting his own trilogy. However, there hasn’t been much news since , but the wheels are apparently still turning. (REVIEW: ‘ Westworld ’ Season 3 Ends With The Possible Deaths Of Multiple Characters) Following an interview with Sariah Johnson, Sariah Wilson tweeted that the trilogy is still happening, but there are “no dates or timelines because he has other projects going on.” I’m just going to post this now because I can see that I’m going to get a lot of requests – Yes, Rian’s SW trilogy is still on. No dates or timelines because he has other projects going on, but it is happening. THAT IS ALL I KNOW ABOUT IT. ???????????? — Sariah Wilson (@sariahwilson) February 16, 2021 You guys…I just got to chat with @rianjohnson for the last HOUR and it was SO MUCH FUN. He is the best. … [Read more...] about Rian Johnson’s ‘Star Wars’ Trilogy Is Apparently Still Moving Forward

Country music star Brad Paisley is heading to Amazon for the new TV show “Fish Out of Water.” The Hollywood Reporter reported the following details on the plot on Monday: The Grammy-winning singer-songwriter is set to star in and exec produce TV comedy Fish Out of Water, which has landed at Amazon with a script commitment following a multiple-outlet bidding war. The comedy is described as a Larry Sanders take on celebrity vanity projects and a behind-the-scenes look at country music star Paisley’s struggle to keep a simple little fishing show from turning into his own personal Frye Festival. Yeah, you can 100% count me in for this one. There’s no chance at all I miss a TV show with Brad Paisley about country music . (SLIDESHOW: These Are The Hottest Women On Instagram) Brad Paisley was one of my first favorite singers. When I was younger, I used to listen to his tunes nonstop. The man can shred on a guitar with the best of them, has a great voice and is … [Read more...] about Bradley Paisley Will Star In Comedy Show ‘Fish Out Of Water’ For Amazon

Share prices of Rivian Automotive ( NASDAQ:RIVN ) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. The sell-off marks over a 55% drawdown from the stock's all-time intraday high of $179.47 per share set on Nov. 16, 2021. Here are arguments for and against buying the electric vehicle (EV) stock now. Image source: Rivian Automotive. Take advantage of inefficient markets Howard Smith : Markets aren't always efficient, and that's how investors can gain an advantage. While Rivian shares have dropped recently in concert with many high-growth tech names, one of the biggest dips came with the news that Amazon ( NASDAQ:AMZN ) was starting a partnership with Chrysler parent Stellantis ( NYSE:STLA ) to supplement its supply of electric delivery vans. Prior to this news, investors only knew that Amazon -- an early … [Read more...] about Rivian Stock Just Fell Below its IPO Price of $78 Per Share: Time to Buy?

Brex’s two twenty-something founders are now billionaires, thanks to a lofty new funding round announced this week that nearly doubled the valuation of their five-year-old fintech firm. The San Francisco-based startup—which is aiming to overhaul the corporate credit card—confirmed on Tuesday that it has raised $300 million in a funding round led by investment firms Greenoaks Capital and Technology Crossover Ventures (TCV), giving it a $12.3 billion valuation—a sizable jump from the $7.4 billion valuation it fetched just nine months ago. Cofounders (and co-CEOs) Henrique Dubugras, 26, and Pedro Franceschi, 25, each hold a 14% stake in Brex, Forbes estimates, worth about $1.5 billion apiece. ( Forbes discounts the value of privately held companies.) The pair declined to comment on Forbes’ estimates but Dubugras did speak with Forbes about his startup’s path to success. The young fintech has made a name for itself with a corporate credit card tailored to the needs of … [Read more...] about Two Friends Who Met On Twitter In High School Are Latest Under-30 Billionaires