The coronavirus variant first found in Brazil is developing worrying new mutations that could make vaccines less effective, experts say

The coronavirus variant first found in Brazil, P.1, is still mutating, Brazil’s top public health body said. Some of these mutations may make the shot more resistant to vaccines, Fiocruz said. Another study published Wednesday indicated P.1 could reinfect people who previously had COVID-19. See more stories on Insider’s business page. The P.1 coronavirus variant causing cases to soar in […]

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Carlyle just appointed a new co-head of its US buyouts and growth team to help spearhead $43 billion for megadeals and early-stage plays

The Carlyle Group is integrating its US buyouts and growth teams on June 1. It’s also appointing Brian Bernasek co-head of the group alongside Sandra Horbach. The integration focuses on sector-based investments and reflects what the firm did in Asia in 2017. See more stories on Insider’s business page. The Carlyle Group is poised to integrate its US buyouts and […]

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What we know about the Indianapolis shooting: 8 dead at FedEx facility; suspected gunman dead

INDIANAPOLIS — At least eight people were killed in a shooting late Thursday at a FedEx facility near Indianapolis International Airport, authorities said. Police responded to the FedEx Ground facility on the city’s southwest side just after 11 p.m. Thursday for a report of shots fired at a business. There was an “active shooter” situation when officers arrived, said Genae Cook, spokesman for the Indianapolis […]

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Wall Street Aims To Open Broadly Up

Trading on Friday might be impacted by Producer Price Index as well as Wholesale Inventories for February. Asian shares finished broadly up, while European shares are trading mostly higher. Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up. As of 7.55 am ET, the Dow futures were adding 90.00 points, the S&P 500 futures […]

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FedEx to 'reevaluate' its policy requiring employees to lock up phones during shifts following Thursday's shooting at a FedEx facility in Indianapolis

Officials said eight people were killed in a shooting Thursday at an Indianapolis FedEx facility. A policy barring use of cellphones while on the clock made it harder for family to contact workers. FedEx says it’s reevaluating the policy in light of the shooting. See more stories on Insider’s business page. A FedEx representative told Insider the company was reevaluating […]

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Asian Shares Fall On China Inflation Data

Asian stocks fell broadly on Friday as U.S.-China tensions and concerns about rising inflation in China overshadowed investor optimism over the global economic recovery. During a debate on the global economy Thursday, Federal Reserve Chair Jerome Powell assured markets that the U.S. central bank would continue supporting the world’s largest economy without stoking inflation. Chinese shares fell as the latest […]

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