in just a day or two. >> manufacturing problems have held up novavax's entry into the market.already approved in 41 other countries. elise preston, cbs news, new york. >>> today president biden signed multiple veteran-focused health care bills. one expands access to breast cancer screenings. the bill is named after marine veteran dr. kate hendricks thomas who recently passed away during her battle with stage 4 breast cancer. she learned of her diagnosis more than a decade after returning home from iraq where she was exposed to toxic burn pits on base. it took three years to get her mammogram claim approved after. >> we owe them. we owe them big. >> now another bill extends compensation to veterans who developed cancer and other conditions from the world war ii era nuclear program. and there are still calls for capitol hill to pass legislation for the 3.5 million vets who have been exposed to toxins in more recent conflicts. >>> still ahead, is sacramento the new silicon valley? how the state capital is trying to lure bay area businesses. when it comes to cybersecurity, the big

military service members serving overseas have already received the novavax vaccine.columbia university shows that kids born during the pandemic experience delays in their development. studies are showing that many of these children are talking walking and interacting later and less frequently. there are also more prone to outbursts, visit physical aggression, separation, anxiety. it could be years before researchers can adequately measure whether the pandemic had any long-term effect on early childhood development. some angry prime customers taking legal action against amazon for a delivery policy change. the e-commerce giant is facing a class action lawsuit after the company stopped offering prime members free delivery from whole foods. amazon started charging customers at 9.95. for whole foods delivery last year. the suit suggests that amazon misled customers by implying the free delivery is still part of a prime subscription and amazon advertises only part of a price revealing the fee at the end of the buying process. >> time now to get you a check of your forecas

fda advisers recommended the covid shots by novavax. talk about what that would mean for the general public if fully approved? >> it means we have another vexing tool, which is exciting. and it is a different platform than our current, mrna vaccines and the johnson & johnson vaccine. that is exciting to have another vaccine. and this vaccine platform is similar to many other vaccines we have used over several decades, so excited to have another tool and waiting to hear when we will have the supply if it gets authorized, to be able to administer. karina: i have to ask because you see stories of covid vaccines being wasted, not used. how does this impact that? >> i don't know that this will impact that. we have heard anecdotally that some people might be waiting for this people -- for this vaccine because they are more comfortable with this vaccine, or hoping the less people who have not yet been vaccinated will go ahead and get vaccinated with this series. we are wanting to make sure we get as many vaccines into people as possible. and a

>> the average price target i think on novavax is like $131.sed their price target to 180-ish. the risk reward, had the tamarity this is a friendly show. >> what about courage? >> nice. what gives a musk rat his musk, mel? say it >> cowardly lion >> i think it goes higher from here despite the $9 move in the after market i think you can make the come p peling case this should be twice what it's trading. >> are you in mrna still >> never been. you can look at the same move. they lost, i don't know, 20 bucks a share last year. novavax. they're expected, if you look at the forward, to make 20 bucks a share. i don't think they're somewhere in the middle. bio tech is not a safe place >> coming up, l.a. -- l.a. lacrosse stock i hardly talk about what's in the prompter, but in the prompter, it's l.a.-crox as a former player, there should be an e at the end anyway we're taking a look at the -- >> it's a pun. >> details next, "fast money" is next between numbers and people. what's right for the business and what's best for everyone who depends on it. y'

novavax makes it if regulators make it, it will be the fourth shot authorized for american adults. this vaccine is different from other shots available in the u.s. it's made with a more traditional decades old technology pfizer and moderna are made with mrna jimmie j&j doesn't use mrna. america has a stockpile of effective covid shots. still, health officials say there's a real need for alternative vaccine options. cnbc's meg tirrell covers science and medicine for us. how much of a difference could this shot really make, meg >> shep, in the near term it's not totally clear. the cdc notices there are 27 million adults in the u.s. who have not yet been vaccinated against covid. there's some suggestion that some people might prefer a more familiar technology. the advisers seem skeptical of the idea though they still said it's important to clear additional vaccine types i spoke with dr. paul offit who noted this virus will be with us for decades and work needs to be with us. one way to do that is to better understand the rare heart risk known as myocarditis there were a few cases in n

our viewers aren't being attention, but i am a little curious about novavax. let's talk a little bit more about this. it is more of a traditional vaccine technology, right? so not mrna and i wonder if you think this get those who are a little uncomfortable with the mrna and have been sitting on the sidelines to finally get vaccinated maybe. possibly kristen and maybe on the individual level it may help some people out there who still have some reluctance but an mrna vaccine i don't like this method of convincing people and saying hey fine have your fears of the mrna vaccine use this protein subunit vaccine instead. i wish we could just address the fears regarding mrna, but hey, we got to do what we got to do. the technology behind nova facts is vaccine is a little bit more of the traditional model and it's actually fascinating out there for any science nerds, but what they basically are doing is in a laboratory creating that spike protein they're using cells from a moth which is totally rad and then injecting you basically with a vaccine that has those spike p

. >> and novavax is the company. what would be the difference between getting this over a shot from pfizer or moderna? >> first, it uses mrna technology. and, this is a completely different vaccine type. if you want to mix and match with novavax, a protein vaccine, it will bring a broader repertoire or protection so you develop more antibodies that will be more agile in recognizing near variants. >> we are doing this almost 3 years but things are still developing. thank you, dr. peter chin-hong. we appreciate your time. >> thank you, raj. >>> our question of the day, would you consider getting this vexing? eric says he is totally down for more protection. another says maybe if the evidence warrants it. rob says he has not had any and he never will. >>> let's move on and have some fun. it is 10:20 pm in boston and the city is buzzing on the eve of game three. they are ready to show off some of their road magic. today the warriors practicing at the td garden in boston. they have 17 championship banners there. the warri

military service members serving overseas have already received the novavax vaccine. it is currently a 2 dose regimen. >> meanwhile, moderna's covid-19 vaccine for children showing promise. the fda posted documents today showing trial participants ages 6 months to under 6 years old had immune response that similar to that of 18 to 25 year-olds kids, 6 to 17 years old, also experienced an immune response similar to that of adults. the 2 dose regimen was also found to be safe. an fda panel will review moderna's vaccine for children 6 months to 17 years old on tuesday and wednesday. a new study from columbia university showing kids born during the covid-19 pandemic experience delays in their development. studies are showing many of these children are talking. they're walking and they're interacting later in less frequently. they're also more prone to outbursts, physical aggression and separation anxiety. it could be years before researchers, though, can adequately measure whether the pandemic had any a long-term effect on early childhood development. >> time now to get y

this has had novavax's stock today.esday is the meeting of outside advisers jeffrey's says despite these potential concerns they think there's a high probability of a positive vote on tuesday this has been very volatile through the pandemic. >> just a wild ride. this is like a $7 stock that got almost to thr300 and now in the 40s. don't miss meg's live coverage from the world's largest cancer research conference featuring the ceos of gilead, astrazeneca and merck. we have a news alert out of washington. >>> a bipartisan group of lawmakers has reached a deal on a federal privacy deal that would affect apple, google, facebook after years of stalemate. if passed this would preempt most state laws. that's been a major point of contention with business groups pushing for a single federal framework rather than a patchwork of state bills however, the bill does have some exemptions including for consumer protection laws as well as some provisions in california the bill also allows individuals to sue tech companies but not until

it's made by the maryland-based company novavax. we visited their facility last year. the shot is already used in canada and dozens of other countries, and now it could be authorized by the fda. the "cbs overnight news" will be right back. how did olay top expensive creams? like this with hydration that beats the $100 cream in every jar of regenerist retinol24 collagen peptide new vitamin c and the iconic red jar can't top this skin shop now at olay.com when you really need to sleep. you reach for the really good stuff. zzzquil ultra helps you sleep better and longer when you need it most. its non-habit forming and powered by the makers of nyquil. bother the bugs... gotcha. ...not your family. zevo is made with essential oils which attack bugs' biological systems. it gets rid of the bugs plus is safe for use around people and pets. zevo. people-friendly. bug-deadly. allergies don't have to be scary. spraying flonase daily stops your body from plus is safe for use around people and pets. overreacting to allergens all season long. pss

the shot is made by novavax.t is a protein vaccine similar to traditional vaccines used for hepatitis b and shingles. it uses a protein mass produced in a lab, unlike the pfizer and moderna shots which teach the body to make the protein. a problem of heart inflammation but novavax says its shot comes with few side effects. manufacturing problems have held it up here in the u.s. >>> all right, so break out the t-shirts and lighter wear. it's time for a look at our first alert forecast. >> by the end of the week i think we'll have people flocking to the beaches to find relief from that inland heat that is building. before it gets here, one more day of near average temperatures before this area of high pressure in the upper levels of the atmosphere takes over. builds closer and closer to the west coast and compresses the air at ground level and warms it up, getting flat-out hot inland with the peak of the heat wave arriving on friday. the presence of that hill of air in the atmosphere above our heads is also going t

monika gandhi, infectious disease expert at ucsf explains novavax doesn't use mrna or dna that's been a source of concern for some who have avoided vaccination. instead this uses a combination of spike proteins and immune boosting ingredients that fight off coronavirus. she believes the benefits go beyond the initial vaccine. >> when you mix vaccine, we get a broader response. and so i can see this as a booster for older people and vulnerable populations this winter. >> the newest vaccine could be cleared in a matter of days with the food and drug administration advisory committee unanimously voting today to recommend going forward with approval. similar to vaccines all ready on the market, it comes with some risks, gandhi says young men could see the same type of minor heart inflammation after their second dose. but at a much lower rate. >> if you extend the dosing interval between doses to eight weeks, myocarditis, that mild risk is even lower. >> a vaccine variety, gandhi hopes will convince more to roll up their sleeves. mely melina jones, bay area news. >>> san jose police asking

novavax says that it's 90% effective at keeping people from getting sick from covid. the fda could authorize it this week. >>> and president biden signed several bills into law to improve health care for veterans. one of them was named for a veteran who recently passed away. natalie brand reports. >> reporter: cbs news spoke with marine veteran dr. kate hendricks thomas less than six months before she lost her battle with stage-four breast cancer, leaving behind her young son matthew and her husband shane. >> the radiologist said it looked like i'd been dipped in something. >> reporter: she learned of her diagnosis at age 38, more than a decade after returning home from iraq where she was exposed to toxic burn pits on base. fellow marine veteran mindy beyer has been closely tracking legislation named in her friend's honor requiring the department of veterans affairs to provide mammograms for those who served near burn pits or had other toxic exposures regardless of symptoms, age, or family history. >> we hope that the message is getting out to veterans -- if you have

but have you heard of novavax the company developed a covid-19 vaccine now being used overseas and it the shot. if you tell us more about it and how it works is fda committee member and uc berkeley epidemiologist are reingold. professor, thanks so much for being here with us today. >> happy to be with you. >> all right. you're coming to us live from dc. tell us a bit about how effective novavax is at protecting us from covid-19. >> the trials show at least against variant that was circulating when the trial was done, it is about as effective as the other vaccines. about 90% effective in preventing illness hospitalization. a severe illness and the like. so that's very good it's another tool that it will be available in terms of prevention of covid-19. >> and so how exactly does it work? in layman's terms, i understand that this is a two-part vaccine. >> so this is a pretty standard way of making vaccines. the antigen, the part of the virus were interested in giving you immunity to is produced in the laboratory in cultures as it as it were. and then it's mixed with what's called an edge

novavax is safe and effective. novavax's vaccine relies on technology that similar to seasonal flu vaccines and routine childhood immunizations. it also does not need special refrigeration. if it's approved, it will become the 4th coronavirus vaccine in the country. >> still ahead, new developments in the britney griner cases. she remains in custody in russia. how athletes here are speaking out athletes here are speaking out to try to help get the meet three sisters. the drummer, the dribbler, and the day-dreamer... the dribbler's getting hands-on practice with her chase first banking debit card... the drummer's making savings simple with a tap... ...round of applause. and this dreamer, well, she's still learning how to budget, so mom keeps her alerts on full volume. hey! what? it's true! and that's all thanks to chase first banking. freedom for kids. control for parents. one bank with tools for both, all with no monthly service fee. chase. make more of what's yours. >> the nba finals kicked off weekend games with

what i've seen of the novavax data so far. it's a really impressive protein backseat.ne is already available in more than 40 countries, but it will face competition here in the us about 70% of eligible americans are already fully vaccinated against covid-19, with the majority opting for fighters or modernists formulas, novak says it's shot could eventually play a role as a booster. we've demonstrated that you can boost and get a very good response. both of you boost our own vaccine or if you boost one of the other vaccines. the meeting comes as covid activity improves across the northeast, with new york and massachusetts, reporting a decline in hospitalizations. macron's sub variants are now fueling a surge of cases in the western u. s. go health experts say most people are not developing severe covid . it's really hard to tease out how much of this are the variants themselves, the type of virus that we're seeing versus the fact that we have just lots of pre existing immunity in our population if the fda authorizes the novavax formula, the cdc will first have to sign o

novavax, of course, fda panel, votes to authorize its to covid vaccine. good response >> i'm a moderna person. we have to figure out whether -- the booster is said to last only four to five months. people get omicron, that is only four to five months. i'll get the new moderna i'm due in july for the moderna. people should recognize -- and i know this is doctor stuff, there's a 90% immunity for the first four months. i shouldn't say immunity you don't get it that badly. and then it goes down to 50% but they don't tell you that that's the actual -- they don't tell you that at all still great mystery about how these things work. >> jim, in the same industry, so to speak, but not having to do with covid, you know, this is a very small study but you followed glaxo pretty closely. >> standing ovation for the breast cancer drug we don't talk about it >> breast cancer drug but also a small study of 14 rectal cancer patients that took place at -- >> yes >> tiny study, tiny, i get it, but all the patients that took this drug had remission. all of them. no evidence

military service members serving overseas have already received the novavax vaccine. it is currently a 2 dose regimen. >> the biden administration is dropping covid-19 testing for international travelers starting tomorrow. they won't need to take a covid test before entering the country. the mandate was first put in place last year requiring both unvaccinated and vaccinated people to take a covid-19 test before boarding. the cdc says that is no longer necessary unless a new variant emerges, federal officials will check every 90 days for new developments. >> a new study from columbia university shows kids who were born during the pandemic experience delays in their development. studies are showing many of these children are talking walking and interacting later and less frequently. they're also more prone to outbursts, physical aggression and separation anxiety. it could, however, be years before researchers can adequately measure whether the pandemic had any long-term effect on early childhood development. turning now to the conflict continuing to unfold in ukraine wi

the novavax vaccine. it's widely used overseas. it already has emergency use approval through the world health organization trial show. it's about 90% effective in preventing severe illness and hospitalization from covid. unlike the moderna and pfizer vaccines, they were developed with newer technology. novavax was created using standard practices. >> this is an approach we use a number of vaccines. it's not a new technique. and so for anyone who was hesitant about the mrna vaccines, the moderna and pfizer vaccines because it was a new technology that this might be a vaccine, that they're more willing to take. >> at least 175 active duty u.s. military service members serving overseas have already gotten the novavax shot. it's currently a 2 dose regimen for adults. 500,000 doses of the monkey pox vaccine are headed to the u.s.. there are 45 confirmed cases of monkeypox in 15 states including here in the bay area earlier this month. alameda county reported their first suspected case and san francisco announced 3 additional probable c

. >>> we are getting some breaking news on covidvaccine maker novavax. meg tirrell has it meg? sara well, fda's group of outside advisers have just taken a vote to recommend novavax's covid-19 vaccine. the vote was 21 yeses, 0 nos and one abstention so overwhelmingly in favor of what would be the fourth covid vaccine for emergency use authorization. of course the fda now takes the recommendation and will make its own decision, potentially within the next few days or weeks we will see what happens with that but the argument here really has been an interesting one. this is a company that conducted the clinical trials, was part of operation warp speed a lot of the data it was using to support the application were from last year before the omicron environment emerged. these data look at the similar to the data we used to clear the moderna and pfizer vaccines initially. there's hope that this being a different vaccine technology will get the last few people who haven't gotten the vaccine potentially over the finish line >> meg, how many years have we been talking with stanley irk. t

military service members serving overseas have already received this novavax vaccine. it is currently a 2 dose regimen. >> the biden administration is dropping covid-19 testing for international travelers starting tomorrow. they won't need to take a covid test before entering the country. the mandate was first put in place last year requiring both unvaccinated and vaccinated people to take a covid-19 test before boarding. the cdc says that's no longer necessary unless a new variant emerges, federal officials will be checking every 90 days for new developments. >> stick with us. coming up in sports, the giants take another game from the dodgers, but not without some controversy. we've got the highlights and details coming up next. >> all right. you ever think about building an apple? it turns out you're there are people every day who are making their dreams a reality building and launching apps. all they got to do is learn how to code rich demuro explains in today's tech smart. >> every app we use our phones starts with a line of code. and while big-time apps like spoti

phase 3 trials for the novavax vaccine showed that it was 90% effective in preventing covid. >> we willbreak here at 9.26. but coming up next, you want to stick around because we've got a live report from boston as the warriors are getting ready to take on the celtics in 3 tonight. steps feeling it. hopefully rest of the team's feeling. it too, will be right back. >> 9.29. right now we're checking out the weather and just getting ready for the heat. >> the big heat. we've got john standing by. will this be some of the warmest temperatures we've seen so far this year? yeah. for a lot of spots likely to even be our last little heat wave. so we go again. up up and up temperatures into the 90's, even triple digits come friday at the coast. that's going to be the popular spot to get to especially friday and saturday as people roll into the weekend and want to escape the heat. some good sunshine out at half moon bay right now and we'll hold on to sunshine for much of the day. few clouds to the north as a cold front, barely skirts north of us. high pressure. ridge is going to stop it from doin

liz: we did just want to check up again on novavax.panel of fda advisors voted to recommend the regulators authorize the covid-19 vaccine for adults 18 and older. it was climbing. stock $47.54 right now. closing bell, we're less than four minutes away. with today's gains the dow is back within 10% of the record high it set back on january 4th. we have a gain of 261 points. s&p, nasdaq are up about 1% apiece. peloton, peloton's chief financial officer quit after four years with the fit equipment-maker. will be replaced by former amazon, netflix executive. the work from home stock dropped 88% over just the last year. while pandemic plays recede, reopening trades are taking a much firmer sort of position on center stage. joining me now infrastructure capital management ceo, cio, jay hatfield. jay, the sector that you feel is best poised to grab the recovery trade? >> we think, thanks, first of all, liz, for having me on your show. we think many reits, particularly ones who didn't benefit from the pandemic, but really benefit from a recove

phase. 3 trial showed that the novavax covid vaccine was 90% effective in preventing covid-19.nd there's some promising news in the fight against cancer. a recent drug trial done group of cancer patients had surprising results. 100% effective. jennifer jordan has the latest. >> it may be the first time this has happened in the history of cancer. 18 cancer patients with a particular mutation. now in remission after a groundbreaking clinical trial, the ability to have normal bowel function, which is >> not something i think all of us think about too much. but, you know, when you lose it, you know, just how valuable that was to be able to preserve that. for this group of patients really a game-changer. cleveland clinic oncologist, doctor sunil comment. >> reacting to the study that was conducted at memorial sloan kettering cancer center in new york with 100% success rate. >> the study detailed in the new england journal of medicine using an immunotherapy drug called ghost ali mob was administered to each patient every 3 weeks for 6 months. a 38 year-old woman was the clinical tria

phase 3 trial shows that that vaccine from novavax is 90% effective in preventing covid.ising news in the fight against cancer. a recent drug trial administered to a handful of cancer patients was 100% effective. can you believe that they all saw their symptoms? the disease disappear. jennifer jordan has the details. >> it may be the first time this has happened in the history of cancer. 18 cancer patients with a particular mutation. now in remission after a groundbreaking clinical trial, the ability to have normal bowel function, which is >> not something i think all of us think about too much. but, you know, when you lose it, you know, just how valuable that was to be able to preserve that. for this group of patients really a game-changer. cleveland clinic oncologist, doctor sunil comment. >> reacting to the study that was conducted at memorial sloan kettering cancer center in new york with 100% success rate. >> the study detailed in the new england journal of medicine using an immunotherapy drug called ghost ali mob was administered to each patient every 3 weeks for 6

we'll tell you what you need to know about this new vaccine from novavax will be right back.er crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™ >> and we're back at 7.24. for your health this morning. the cdc has raised its alert level for monkeypox. >> to level 2, which means it's now recommending travelers wear masks as a precaution. there are 31 confirmed cases here in the u.s. san francisco health officials say they've identified a possible case last friday as we reported, sacramento county has their 4th suspected case. now, public health officials say that all of those cases are linked to one person who recently traveled to europe so that sacramento health officia

we hope the novavax shot is already authorized for use in other countries.ted kingdom, canada, south korea, australia and india fully approved here, novavax will become the fourth covid-19 vaccine authorized in the united states and the first protein based shot that protects against the coronavirus, a protein based alternative may be more comfortable for some i in terms of their acceptance of vaccine. novavax now awaits authorization from the fda before the cdc decides whether to recommend the shots in atlantic often, siri fox news, a new report says abbott laboratories knew about problems at its baby formula plan earlier. than previously thought. the wall street journal reports that a former abbot employee told regulators about problems at the factory in michigan more than a year ago, the employee said the plant was in need of repair in that formula was being shipped without evidence that it was safe. the abbot plan was shut down in february after several babies contracted infections. abbott denies there is any connection. the factory reopened last weekend.

i was thinking about novavax it got me thinking about it really works, you put in a messenger of rna and it generates something of immune response for every viral works. it will make when you get covid much less bad than it would have been no one says it is like a classic vaccine. >> novavax is interesting because it is not rna. there is a market for it >> 21-0 that the shots outweigh its risks. advisers said the protein based novavax vaccine has comparable performance of the mrna. >> people who are afraid of the mrna shots, they think this could be a good market to them there are people who are allergic i to some of the rna shots. this is a good alternative for them you need a way to get it to where it is going to be translated and into the gene product. there are people that are conspiracy theoriy thinks it is generic. reverse transcript has to be there to turn the message back into dna >> it is protein based >> it is a low bar, andrew >> for me it is like this. >> one of my fprofessors want to know about reverse transcript, taking it back to mrna >> it does bring a lot of hopes an

military service members serving overseas have already received the novavax vaccine. it's currently a 2 dose regimen for adults. >> it's 5.12. still ahead on the kron. 4 morning news, a san jose synagogue is working to reopen after their building was set on fire. we'll tell you where they plan to have the congregation worship next. and the police chief in uvalde, texas is defending the police response to the deadly mass shooting. why he says they waited to act and lawmakers in it'll hill. they've reached a compromise on a gun control measure will tell you what it does after 5.15, right now and my little weather tails i told you it was like misting yesterday. i don't think i was in a foggy cloudy thing. but it was i didn't get missed at but it was cooler. it was totally was i had when double days before you is this i think, know, we have some wind in our neck of the woods to and rain has been following. what is it a cooler looking forecast for the week ahead. they don't last. then we saw on friday. >> yesterday we were really muggy and we're see. and we know that we ca

novavax shots are considered a protein vaccine.s believe. that could give a person immunity against severe covid symptoms for a longer period of time, instead of requiring booster shots. one thing we have seen with the marin a vaccines is that they induce very high levels of neutralizing antibody. um but they're not. they don't they're not durable. now the fda is expected to decide within weeks whether to authorize the novavax vaccine. parents may soon get kids under five vaccinated for covid-19 later this month. the biden ministrations says it will be possible if federal regulators authorized vaccines for the age group. as expected. a panel of advisers to the fda plan to make a recommendation on the matter by june 15th if that panel clears fizer moderna vaccines for kids under the age of five. those vaccines could be available for distribution as soon as june. 21st. don't forget to grab your masks. if you are headed out this morning, the east bay county reinstating an indoor mask mandates starting today, plus he has a disregard fo

fda advisers today voted to recommend authorization of shots made by novavax for adults.is is a protein vaccine more conventional technology than the dominant fighter and moderna shots and the lesser used johnson and johnson option. boxes. jonathan serrie as the story. we could have another vaccine option in the fight against covid-19. today, the fda is vaccine advisers reviewed data on the nova vax formula voting to recommend the shots for americans, 18 years and older. the two dough series uses traditional protein technology that is different from fighters and moderna's marin a shots we make it into a little particle about the size of the virus. when i'm use cell sees that it becomes quite activated. the panel weighed the vaccines possible side effects, including rare cases of heart inflammation , novak says maybe coincidental and not caused by the shots. the fda as advisers also considered whether 1/4 vaccine option is needed the drugmaker confident it's formula can play a role in the pandemic, especially among those skeptical of mrna vaccines . anything we can do to g

shares of novavax are soaring in premarket trading.pany's coronavirus vaccine has won approval from the food and drug administration advisory panel. they say there is good chance for gaining emergency use authorization. do you know what the most expensive city to live in as an ex-pat? for the second year in a row, hong kong. higher prices and a stronger currency cap the city on top. geneva, london, tokyo also round out the top five. global news 24 hours a day, on-air, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm leigh-ann gerrans. this is bloomberg. ♪ >> when oil prices move away from where they have been for a while, when they get salient in household decisions, when they really get your attention, that is when it matters what economic activity. we are long past that point david it is the number one concern among households. it has to be crimping household spending. jonathan: the chief economist at dreyfus and mellon. tom keene, lisa abramowicz, jonathan ferro. on the n

novavax is safe and effective. novavax's vaccine relies on technology similar to seasonal flu vaccines and routine childhood. even news nations that also does not need special refrigeration, if approved, it would become the 4th corona virus vaccine in the united states. and the cdc has just raised its alert level for monkeypox to level 2. and it's now recommending that travelers wear masks as a precaution. there are now 31 confirmed cases of monkeypox in the u.s. san francisco health officials have identified a probable case last friday in sacramento county. a 4th suspected cases been identified. public health officials say all of those cases are linked to one person would recently traveled to europe. the 4th person was identified last week, but the cdc still needs to confirm the diagnosis. health officials say the sudden appearance of monkeypox is suggesting it has been spreading for a while. it's just been undetected so far. let's talk about our forecast right now as we take a live look outside here. pretty shot

la fda estÁ evaluando la vacuna proteica contra el coronavirus fabricada por novavax.ncipales ventajas de esta vacuna en particular es que se puede conservar en hieleras convencionales. les cuento que la cobertura de seguros mÉdicos en california se ha vuelto un gran problema para muchos. algunas fallas tÉcnicas han hecho que los beneficiarios cometan errores en las interacciones que les han salido muy caros. es muy importante corregir ese error a tiempo. reportera: inscribirse en un plan de seguro mÉdico es de los pasos mÁs importantes a tomar, pero el proceso para los californianos que califican para "covered california", medi—cal o medicaid no ha sido fÁcil y muchos se han inscrito en los programas equivocados. >> la aplicaciÓn sigue simple, pero un solo botÓn que oprimas mal, te manda automÁticamente al medi—cal, aunque no calificas para el medi—cal. reportera: muchas de las personas que se escribieron durante la pandemia se vieron impedidos de inscribirse. >> te puede dar mÁs ayuda de lo que deberÍas calificar. cuando eso pasa , a la hora de hacer los impuestos, d

novavax is using a more traditional manufacturing process than other covid vaccine makers.h officials say they hope that that can win over skeptics. on wall street, tech and oil stocks led the way as major indexes gain about 1%. the dow jones industrial average moved up about 261 points to close at 33,180. the nasdaq rose 100 13 points. the s&p 500 added 39. still to come, recently disclosed vatican documents show a secret back channel between pope pius xii and adolf hitler. writer and director george stephens junior reflects on his life and time in hollywood in a new memoir. >> this is "the pbs newshour" from weta studios in washington and in the west from the walter cronkite school of journalism at arizona state university. judy: the u.s. senate race to craft a bipartisan deal on gun law reform aiming for a deal by the end of the week. lisa, as we said, some of the senators were saying they hope to pull something off this week. could that happen? >> speaking of senators coming out of important lunchtime meetings today, there is reason for hope, but hope is a very fragile

and other ones novavax and san if i. accelerated the process, and those on the left don't give enough credit and not only that, it wasn't just the money, so there's a general, a former general that is now a named general perna, gust perna head of logistics for the army making sure that everyone is fed. and he shifted to work on operation warp speed. he provided crucial, important work, help, to companies, things like getting bridges closed so that moderna could ship something and or parts from different parts of the country. in summer of 2020 it was difficult transportation and stuff. that from operation warp speed was really important. on the one land, it should get more credit than the people on the right have. and those on the right that gives all the credit, pfizer didn't take money for developing its vaccine. they didn't want to take money from the government. they did take money from the government later and money is fungible and you don't want to go overboard there. the first company that oranges warp speed write

>> it's called novavax. as you said, completely different technology than moderna or pfizer.g. it's good to have as many different tools in the tool shed as you can possibly have. there were some side effects, but they were mild to moderate, and they passed within a few days. there was a committee of fda advisers that gave it the thumbs up. this group can be pretty contentious with one another at some pitimes. that wasn't the case. it could mean it could be fully authorized sometime very, very soon. novavax is already authorized in the uk and also in europe and canada, so this is a vaccine that's been out there for some time. >> okay. keep us posted, elizabeth cohen, thank you. >>> and just in to cnn, covid testing requirements for international travelers will soon be re-evaluated. this is according to the white house covid response coordinator dr. asheesh ja, but he stresses this decision really ultimately lies with the cdc if they are going to make changes. but it comes as cnn learns that 42 mayors have now sent a series of letters to the white house urging the administrati

. >>> the fda is evaluating a new vaccine from novavax similar to the one used for hepatitis b and shingles. it used a lab-produced protein, unlike the moderna and pfizer shots which teach the body to make the protein. >>> and despite the governor's call for an is 15% cut, water numbers shot up. >>> we did get a little water earlier on, burr i have a feeling things are heating up. >> temperatures were a little toasty today. >> yeah. >> a lot toasty by thursday and really koorking by friday. a brief heat wave taking over. one more day of near average temperatures. this is our heat dome. it's going to be expanding over the eastern pacific, over the west coast and over the bay area. bunc one of the consequences is it's going to squash the marine layer. it is going to be very confined to right along the coast as we head to early tomorrow morning. and my clicker isn't working. live television fun. let's see if we can get this thing to move along. it is completely stuck. so, again, this is how we know it is live television. we're going to get it going in just a second and here we go. this is our

and novavax is an older technology, that might help a few.her reason than let's get the doses out around the world because we still haven't vaccinated the world and the more vaccine we have, the closer we are to the end of the pandemic stage we are. >> thanks very much. and congratulations to you and your family. >> thanks, so much. >>> coming up, 100 days of war and bloodshed in ukraine. president zelenskyy is sure of a victory but putin's brutal assault continues. the latest next. only at vanguard you're more than just an investor you're an owner. that means that your priories are ours too. our interactive tools and advice can help you bld a future for the ones you love. th's the value of ownership. better hearing leads to a better life. and that better life... ...starts at miracle-ear. it all begins with the most innovative technology... ...like the new miracle-earmini™. available exclusively at miracle-ear. so small, no one will see it. but you'll notice the difference. and now, miracle-ear is offering a 30-day risk-free trial. you can ex

it's a maryland biotechnology company called novavax is safe and effective novavax's vaccine relies onechnology similar to seasonal flu vaccines. routine childhood immunizations and they don't need the special refrigeration to add that vaccine. if approved, this would be the 4th brand of coronavirus vaccine in the u.s.. and health officials are now reporting a 4th possible case of monkey pox in sacramento. the for the person was identified through contact tracing and a sample from the case has been sent to the cdc. if confirmed, this will be the 6th case of monkeypox in california since may 24th. >> cases that we are investigating. are appealing to or connect this time risk to the general public is low, but people still do need to be aware. >> the world health organization says the sudden appearance of monkeypox indicates that the virus has been spreading undetected for some time. monkeypox is in the same category of small pox, though it is milder and it looks scary and look scary. but actually, they say, you know, we've done a lot of stories on this that a lot of people recover withou

the novavax vaccine is the first protein based shot made available in the u.s.ch is in line with many long standing vaccines including those for hepatitis b and shingles. the vaccine already been approved for use across europe, australia and parts of asia and has the authorization of the world health organization. elsewhere, u.s. gas prices are now closing in on $5 a gallon and little relief is in sight. despite those high costs, demand remains unchanged, for now. nbc news national correspondent miguel almaguer has more. >> reporter: with the u.s. in overdrive and likely just days away from topping a national average of $5 a gallon, gas prices in several states are now spiking upwards of 10 cents a day. >> i just think we're getting ripped off. >> reporter: with the west coast by far paying the most, the pinch at the pump is hitting families like hector alvarez hard. in los angeles, many are dishing out $7 a gallon, alvarez supports a family of seven is juggling skyrocketing housing prices, staggering inflation and now record fuel costs. >> we have to, you know,

novavax is safe and effective. novavax's vaccine relies on technology similar to seasonal flu vaccines and routine childhood immunizations. it also does not need special refrigeration, if approved, it will become the 4th coronavirus vaccine in the country. health officials are now reporting a 4th possible case of monkeypox in sacramento. the person was identified through contact tracing the specimen taking taken from this case has been sent to the cdc lab for testing. if confirmed, it will be the 6th case of monkeypox statewide since may 24th. >> cases that we are investigating. are appealing to or connect this time risk to the general public is low, but people still do need to be aware. >> the world health organization says the sudden appearance of monkeypox indicates the virus has been spreading undetected for some time. monkeypox is in the same category of it is said to be milder. >> production at the abbott laboratories plant in michigan, which produces about 20% of the nation's baby formula has resumed. the fd

we'll tell you what you need to know about this new vaccine from novavax. >> and the bay area in california. we continue to see record breaking gas prices at the pump. i'll tell you just how high these prices are. coming up. and a live report. >> and today we are going to be seeing our last of our not so hot days. daytime highs only in the 70's to low 80's in san jose. enjoy it because tomorrow we've got some 90's for you. your forecast ahead. >> and we've been tracking a hot spot along the san mateo bridge drive times are now changing. we'll have an update on that. (music throughout) >> a 14 and for your money guess is out of control. i mean, you're lucky if you can get high test. yeah, tough for under $7 like that. but 11 straight days now we've seen gas prices continue to hit records here in the bay area. they've gone about $0.30 in the past for sir, since he's been out live this morning all morning. and now she's in pacifica, taking a look at the price is talking to people about what they're doing in response to this era. >> we're getting blown away by the wind and by the gas prices are

we hope the novavax shot has already authorized for use in other countries such as the united kingdom, south korea, australia and india. now we turn to the war in ukraine. the battlefield momentum could be shifting toward the russians, but ukrainian officials say they're inflicting heavy casualties on their occupiers boxes. mike tobin has more now from keith. russian troops and equipment are pouring in the eastern ukraine, attacking along a narrow front aimed at breaking through the ukrainian defensive lines. the russians claim they now control over half of the donbass region , and they're making slow, steady progress. ukraine's president says that could soon be reversed as his forces counterattack in cities still being contested. it's also coming at a steep cost to moscow . the defense ministry here claims more than 30,000. russian troops have been killed since the war began. but ukraine is still badly outnumbered and outgunned in this very difficult battles in the east and south are defending our country. they do not show that the radio to actually stop the aggression and get out fr