The Daily Rundown (8/10)

Here's What You Need To Know On Aug. 10, 2021


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Happy Tuesday.

Here’s what you need to know on this National Duran Duran Appreciation Day

Here’s your business brief —Tyson Foods is already boasting results for its recent vaccine mandate.

Last week the food giant announced all of its U.S. employees would need to be fully vaccinated by November. A week later, the Arkansas based meat processor announced that 5,400 employees have opted to get their shots since implementing the new policy. Now 47% of workers have been vaccinated. This comes amidst comparable policies across corporate America including several major airlines and tech companies. 

Plus some good news for Moderna vaccine recipients. According to two new reports its shot may be more effective than the Pfizer vaccine against the Delta variant. The studies included 50,000 participants across the Mayo Clinic Health System. This comes amidst talks from both companies about potential booster shots. This is on the heels of reports that we could have a vaccine with full FDA approval by Labor Day. Moderna is also ramping up production globally. The Boston area based pharmaceutical company just reached a deal with the Canadian government to build a manufacturing plant. This would be to help with the country’s vaccine shortage. 

An asthma acquisition - Philip Morris could soon be the owner of the pharmaceutical company Vectura. This comes amidst a bidding war with the private equity firm Carlyle Group. The cigarette maker and the producer of Marlboro has increased its offer for the inhaler maker to $1.4 billion.  The deal in the UK comes amidst Phillip Morris’ recent announcement that it plans to stop selling cigarettes there by 2030.  PMI is facing significant backlash for its role in this on-going bidding war. Health organizations have pushed back on regulators calling for them to block any potential acquisition because of competing interests.  The U.K. based pharma giant makes inhalers and inhaled medicines for companies including  Novartis and GlaxoSmithKline.

Crypto at the movies — AMC is set to start accepting bitcoin as payment by the end of the year. The company announced the news during its earnings call yesterday. Now if you are not quite on the crypto craze but don’t want to buy with cash or card to see your favorite flick the theater chain, it will also start accepting Google Pay and Apple Pay

(You can always watch it here) or the full broadcast at 8:20P ET (here)

FIVE STORIES THAT SHOULD BE ON YOUR RADAR

1.Kathy Hochul to become New York’s first female governor, replacing Andrew Cuomo after his resignation (CNBC)

2. Powerful heat wave to cause 100-degree temperatures for 25 million in the U.S. this week (Yahoo)

3.Opinion: The Senate just passed a bipartisan infrastructure bill. Here’s why it happened. (Washington Post)

4. Apple Says It Won't Let the Government Turn Its Child Abuse Detection Tools Into a Surveillance Weapon (Gizmodo)

5.Guinea orders 155 people into quarantine after West Africa’s first case of Marburg virus is detected (Washington Post)

IN CASE YOU MISSED IT:

OUT LAST WEEK:  wrote an important piece about the history of mandatory vaccinations. I debunked and challenged this false talking point that mandatory vaccinations are unprecedented and a violation of civil liberties. (Observer)

Job training programs are surging since the pandemic. I sat down with Caren Marrick CEO of Virginia Ready, one of the most successful programs in the country now on (Business Brief)

Businesses across the country are in the process of developing their plans to return to the office but not everyone is excited about it. I sat down with one executive coach, Naz Baheshti who has advice for employers on (Business Brief)

I sat down with Olivia Holt, the star of ‘Cruel Summer’ to discuss her approach to the nuances of trauma (Observer)

For TYT I wrote about How Massive Companies Sidestepped Their Vows To Uphold Democracy (TYT)

The Distraction

Every edition we will share a movie, clip, song, GIF, antidote or something that we’re into right now to help distract you from all the noise in the world. Here’s what we got for today:

Have a suggestion? Send it our way.

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By Andy Hirschfeld
@andyreports
Andy Hirschfeld is a multimedia journalist based in New York City. He’s a contributing writer to numerous publications including TYT, Al Jazeera English, Observer, The Daily Dot, BBC, CNBC, Bloomberg, CS Monitor, OZY, Fortune, and Mic among others. He’s the anchor of Business Brief, a nationally syndicated business news update and interview program. Previously he produced for CBS and CNN.