
J&J exits the RSV vaccine development race with competitors Pfizer and GSK
March 30, 2023: On Wednesday, Johnson & Johnson said it’s ducking out of the RSV vaccine race, weeks following competitors Pfizer …
May 11, 2021: -Colonial Pipeline is working to restore service and has some smaller lateral lines between terminals and delivery points operating again, the company announced on Sunday afternoon.
The country’s largest fuel pipeline operator temporarily suspended all operations because of the ransomware attack on Friday.
Colonial said a restart plan is being developed but did not provide a timetable when the entire service is restored.
“We are in the process of restoring service to other laterals and will bring our full back online only when we believe it is safe to do so and in full compliance with the approval of all federal regulations,” Colonial said.
The federal government works to avoid supply disruptions after the company suspended operations on Sunday.
Joe Biden briefing on the ransomware attack and the F.B.I. said it works closely with Colonial Pipeline and government partners to address the situation.
On Friday, Colonial said it learned that it “was the victim of a cybersecurity attack” and has since 5,500 miles of pipeline that carry half of the fuel supplies on the East Coast, coming fears of spot shortages of gasoline, diesel, and jet fuel.
The pipeline is the most significant refined products pipeline in the nation, according to Colonial.
According to its website, the company refineries are connected on the Gulf Coast to above 50 million people in the southern and eastern U.S.
The impact of the attack on fuel prices is unclear since there is no timeline for Colonial to resume operations, according to Bernadette Johnson, senior vice president of power and renewables at Enverus.
But If the shutdown persists, the country can make fuel shortages develop instantly, according to John Kilduff, a partner at Again Capital in New York.
Kilduff predicted that gas prices would skyrocket on the open of futures trading Sunday evening if the company’s operations don’t resume by then.
Johnson agreed, “If this outage were to persist for a significant amount of time, there would be product shortfalls in the Northeast and a glut of product in the USGC, which would impact prices across the country,” she said.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
March 30, 2023: On Wednesday, Johnson & Johnson said it’s ducking out of the RSV vaccine race, weeks following competitors Pfizer …
March 30, 2023: On Wednesday, Ovo Energy plans to seize Shell Plc’s UK gas and electricity business. Sky News reported that …
March 30, 2023: On Wednesday, Bitcoin ascended as investors shrugged off initial fears about what is surrounding U.S. regulators’ crackdowns …
Trōv is a global leader in embedded insurance, powering the future of digital insurance distribution and emerging mobility. Its robust insurtech platform empowers financial institutions and insurance incumbents to easily embed insurance products within other digital experiences to increase recurring revenue.
While only one in ten homes throughout the United States has flood insurance coverage, floods are the country’s most common and deadli-est natural disaster. Since 2000, they have cost American taxpayers $850 billion, two-thirds of the total cost of all natural disasters, yet only 1 out of 10 homes are insured for flood, and that number could soon be reduced.
Insurance needs to be more precise as there are solutions that protect the assets owned by the Property Managers (apartment units) and solutions that protect the Residents and their personal belongings. Which programs to offer and buy depends on each unique client’s needs.