NEW YORK (AP) — The S&P 500 has closed at the moment’s abbreviated session at a file excessive as buyers proceed to stay up for the distribution of a COVID-19 vaccine and reduction for the financial system. The benchmark index rose 8.70 points, or 0.2%, led by beneficial properties in know-how firms, and closed at an all-time excessive of three,638.35. The Nasdaq additionally closed at a file, helped by beneficial properties in Apple, Tesla, Zoom and different tech firms. It rose 111 points, or 0.9%, to 12,205.85. The Dow Jones Industrial Common, which earlier this week crossed 30,000 for the primary time, rose 38 points, or 0.1%, to 29,910.37.
ORLANDO, Fla. (AP) — The Walt Disney Co. says it plans to put off 4,000 extra employees in its theme parks division in California and Florida as a result of COVID-19 pandemic’s impact on the trade. The corporate has been limiting attendance at its parks and altering protocols to permit for social distancing. Officers haven’t specified the variety of employees that will be affected in its Orlando theme parks. Disney’s parks closed in March because the pandemic began spreading within the U.S. The Florida parks reopened in the summertime, however the California parks have but to reopen pending state and native authorities approvals.
LONDON (AP) — The World Well being Group’s prime scientist says extra knowledge is required to find out if the coronavirus vaccine developed by Oxford College and AstraZeneca works. Oxford and AstraZeneca reported Monday that their vaccine appeared 62% efficient in individuals who acquired two doses and 90% efficient when volunteers got a half dose adopted by a full dose. They later mentioned a producing problem had resulted in a half dose mistakenly being administered as the primary dose to some members. WHO’s chief scientist, Dr. Soumya Swaminathan, mentioned at a information convention at the moment that “the numbers are still too small to really come to any definitive conclusions.”
UNDATED (AP) — Hyundai and Kia will spend $137 million on fines and security enhancements as a result of they moved too slowly to recall over 1 million U.S. automobiles with engines that may fail. The Nationwide Freeway Site visitors Security Administration introduced the penalties at the moment. They resolve a three-year authorities probe into the businesses’ habits involving recollects of a number of models courting to the 2011 model 12 months. The company says automakers have to acknowledge the urgency of security recollects. Hyundai pays $54 million and make investments $40 million to enhance security operations. One other $46 million in penalties can be deferred so long as it meets security situations. Affiliated automaker Kia should pay $27 million and make investments $16 million on security efficiency measures. One other $27 million cost may be deferred.
UNDATED (AP) — The Trump administration is shifting ahead on gutting a longstanding federal safety for roughly 1,000 species of birds in america. As we speak’s transfer comes regardless of objections from former federal officers and lots of scientists that billions extra birds will probably perish in coming a long time because of this. The U.S. Fish and Wildlife Service printed its evaluation of the rule, a ultimate step meaning the rollback might turn into official in 30 days. Oil and fuel and different industries had sought the rollback, which sharply limits federal prosecution for trade practices that kill migratory birds. Trade operations kill an estimated 450 million to 1.1 billion birds yearly.