AFN News February 25

 

AFN NEWS

Thursday, February 25, 2021

 

1) From ABC News, I’m Michelle Franzen. As coronavirus cases go down, vaccines are wrapping up. The Biden Administration now says the country is on track to get shots in the arms of millions of Americans by the end of summer. Biden’s COVID response coordinator Jeff Zients says the administration continues to up weekly allocations to both states and pharmacies. “With 14. 5 million doses allocated to states, tribes and territories, and 2. 1 million through the federal retail pharmacy program. We’ve nearly doubled weekly supply of doses in just five weeks.” Zients says if Johnson & Johnson’s COVID-19 vaccine is authorized by the FDA this week, there could be 3 to 4 million more doses added to the next, next week. Mark Remillard, ABC News.

 2) This past hour, President Biden signing an executive order to help address supply chain issues from making enough protective equipment and semiconductor computer chips that have affected car manufacturing, he says, to create U.S. jobs. He commented at an earlier meeting with a bipartisan group of lawmakers on the supply chain issues, and called it productive. “Resilience and reliability of our critical supply chains. This is a critical area where Republicans and Democrats agreed. It was one of the best meetings. It’s the best being I think we’ve had so far. We’ve only been here about five weeks. It was like the old days. People were actually on the same page.”

 3) In California, Tiger Woods remains in a hospital recovering from leg surgery after his SUV crash. “Investigators have not yet pulled data from the so-called black box or event data recorder. The Genesis confirms the device in the SUV. Most newer cars have them recording data from the vehicle. L.A. Country Sheriff Alex Villanueva says right now there is no indication that Woods was distracted and looking at a phone. ‘We do not have any information on that whatsoever and I mean we’ll find out on that.’ The sheriff is saying that stretch of roadway from January of last year until this week had 13 accidents, four of them with injuries.” ABC’s Alex Stone. You’re listening to ABC News.

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I’m Liz Claman and this is the Fox Business Report.

Stocks reversing morning losses and finishing sharply higher with the Dow posting a record close after Federal Reserve Chair Jerome Powell told Congress that the Central Bank would not begin raising interest rates until it believes it reaches its goals on maximum employment and inflation. Among the gainers today; energy companies and financials. The Dow winners; Boeing, Honeywell. The Dow decliners; Apple, Home Depot, and Walmart. Take a look at Wall Street by the numbers. The Dow finishing up 426 points, the Nasdaq adding 133, the S&P 500 adding 44. Shares of Johnson & Johnson rising over 1% after the Food and Drug Administration says the company’s single-dose COVID-19 vaccine candidate has no unexpected safety concern. McDonald’s shares rising 1% after its anticipated chicken sandwich launches today.

That’s your Fox Business Report. I’m Tom Graham, invested in you.