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Switch from selling COVID-19 drugs on market rather than to governments continues to sting at Pfizer

Published Wed, 26 Feb 2025 01:36:44 GMT

Pfizer’s forecast for sales of its COVID-19 vaccine and treatment next year falls more than $5 billion short of the Wall Street consensus. The drugmaker’s sales tumbled in early morning trading.Pfizer expects sales for both the treatment, Paxlovid, and the vaccine, Comirnaty, to total $8 billion in 2024, according to an initial forecast the drugmaker released Wednesday.Analysts expect nearly $14 billion combined sales, with $8.34 billion coming from Comirnaty and Paxlovid contributing $5.55 billion, according to FactSet.Those products combined to rake in more than $56 billion in sales last year, Paxlovid’s first full year on the market. But both Pfizer and the Street expected a decline starting this year as demand waned and the drugmaker switched to selling through the commercial market instead of in bulk to the federal government.Still, Pfizer warned in October that sales of the vaccine and treatment were turning out weaker than expected. T he drugmaker also reported a third-...

Ambush kills 9 Israeli soldiers in Gaza City, where battles rage weeks into devastating offensive

Published Wed, 26 Feb 2025 01:36:44 GMT

RAFAH, Gaza Strip (AP) — Palestinian militants ambushed Israeli troops in a dense Gaza City neighborhood, killing at least nine of them, the military said Wednesday, as Hamas put up stiff resistance in areas that Israel has isolated and pounded with airstrikes for over two months.The air and ground war has killed thousands of Palestinian civilians and pushed nearly 85% of Gaza’s population from their homes, sparking international outrage. The United States has repeatedly called on Israel to take greater measures to spare civilians, even as it has blocked international calls for a cease-fire and rushed military aid to its close ally.More than six weeks after Israeli soldiers invaded Gaza’s north in the wake of Hamas’ Oct. 7 attack, ground troops are still locked in heavy combat with Palestinian fighters in and around Gaza City. Clashes raged overnight and into Wednesday in multiple areas, with especially heavy fighting in Shijaiyah, a dense neighborhood that was the scene...

Rembrandt portraits that were privately held for nearly 200 years go on show in Amsterdam

Published Wed, 26 Feb 2025 01:36:44 GMT

THE HAGUE, Netherlands (AP) — After nearly 200 years in a private collection, a pair of small portraits by 17th century Dutch Master Rembrandt van Rijn went on display Wednesday after a long-term loan to the Netherlands’ national art and history museum.The Rijksmuseum said the portraits of Jan Willemsz van der Pluym and his wife Jaapgen “disappeared from view for almost two centuries, before resurfacing two years ago.”The paintings, believed to be the last known pair of privately held Rembrandt portraits, were sold at auction this year and given on long-term loan by the family of wealthy Dutch businessman Henry Holterman, the museum said.“Given my close relationship with the museum and the fact that the team of experts has been conducting research into these portraits over a period of years, I feel that these works belong in the museum,” Holterman said in a statement.The museum said that based on their small size and “dynamic, sketchy style,” the portraits likely were pa...

Palestinian poll shows a rise in Hamas support and close to 90% wanting US-backed Abbas to resign

Published Wed, 26 Feb 2025 01:36:44 GMT

RAMALLAH, West Bank (AP) — A wartime opinion poll among Palestinians published Wednesday shows a rise in support for Hamas, which appears to have ticked up even in the devastated Gaza Strip, and an overwhelming rejection of Western-backed President Mahmoud Abbas, with nearly 90% saying he must resign.The findings by a Palestinian pollster signal more difficulties ahead for the Biden administration’s postwar vision for Gaza and raise questions about Israel’s stated goal of ending Hamas’ military and governing capabilities.Washington has called for the West Bank-based Palestinian Authority, currently led by Abbas, to eventually assume control of Gaza and run both territories as a precursor to statehood. U.S. officials have said the PA must be revitalized, without letting on whether this would mean leadership changes.The PA administers pockets of the Israeli-occupied West Bank and has governed Gaza until a takeover by Hamas militants in 2007. The Palestinians have not...

Tesla recalls nearly all 2 million of its vehicles on US roads

Published Wed, 26 Feb 2025 01:36:44 GMT

New York (CNN) — Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot feature following a two-year probe by US safety regulators of roughly 1,000 crashes in which the feature was engaged.The limitations on Autopilot serve as a blow to Tesla’s efforts to market its vehicles to buyers willing to pay extra to have their cars do the driving for them.The National Highway Traffic Safety Administration said the Autopilot system can give drivers a false sense of security and be easily misused in certain dangerous situations when a Tesla’s technology may be unable to safely navigate the road. The over-the-air software update will give Tesla drivers more warnings when they are not paying attention to the road while the Autopilot’s “Autosteer” function is turned on. Those notifications will remind drivers to keep their hands on the wheel and pay attention to the road, according to a statement from NHTSAAfter the recall, Teslas with Autosteer tu...

The Hispanic vote in 2024 is up for grabs, new FIU survey shows

Published Wed, 26 Feb 2025 01:36:44 GMT

The Hispanic vote has trended democratic for decades. But a new annual Hispanic Public Opinion Survey, conducted by Florida International University, shows the voting bloc is up for grabs in next year’s presidential election. The poll finds that Hispanic voters are dissatisfied with both major parties and they don’t want to see neither President Joe Biden nor former President Donald Trump at the top of the ticket next November. ‘When asked if either candidate should run for president, 45% of voters surveyed said they do not believe Biden should run for president, with 57% saying they do not want to see Trump on the ballot,’ the survey reads. Similiary, 52.9% of Hispanic voters have a negative view on where the country is headed and cite inflation, the economy, and immigration as their top concerns. ‘This poll makes it clear what happens when one party consistently takes Hispanics for granted: support for it erodes; and the other party does not make sust...

TikTok hits $10 billion user spending milestone

Published Wed, 26 Feb 2025 01:36:44 GMT

Hong Kong (CNN) — Video-sharing platform TikTok has become the first app that isn’t a mobile game to generate $10 billion in global consumer spending, according to a new report, and is expected to become the highest earning app ever.The other four apps identified by app intelligence provider data.ai as having reached the milestone are all games: Candy Crush Saga from Activision Blizzard, Honor of Kings by Tencent, Monster Strike from Mixi and Supercell’s Clash of Clans.Candy Crush is the current all-time top earner with than $12 billion in lifetime user spending, according to the Monday report. The totals are based on revenue derived from Google Play and Apple’s iOS App Store. But TikTok is expected to be even bigger than the popular game.“TikTok is poised to become the highest earning mobile app ever — approaching the $15 billion milestone in 2024. Consumers are spending over $11 million per day tipping their favorite content creators, propelling TikTok past the world’s most lucrat...

United Fantasy Flight brings holiday joy to young patients at Joe DiMaggio Children’s Hospital

Published Wed, 26 Feb 2025 01:36:44 GMT

Patients from the Joe DiMaggio Children’s Hospital received a unique prescription for holiday cheer — a journey to the North Pole. United Airlines Flight 3876 transformed into a magical experience for the young patients and their families, offering a festive celebration. Greeted by superheroes and Santa’s elves at Fort Lauderdale Hollywood International Airport, the children embarked on a fantastical journey to the North Pole aboard the specially designated United Fantasy Flight. “We’re going to take them up in the sky and take them to the North Pole,” said Charlie Hobart, spokesperson for United Airlines. “So, this is an opportunity for these kids to really enjoy the holiday season.” The flight, filled with anticipation, featured a festively decorated gate, and the children boarded with excitement. Less than an hour later, their window shades opened to reveal the enchanting North Pole. Upon arrival, the young travelers were met by be...

Hunter Biden defies congressional subpoena to appear privately for deposition with GOP investigators

Published Wed, 26 Feb 2025 01:36:44 GMT

WASHINGTON (AP) — Hunter Biden on Wednesday defied a congressional subpoena to appear privately for a deposition before Republican investigators who have been digging into his business dealings, insisting outside the U.S. Capitol that he will only testify in public.The Democratic president’s son slammed a subpoena requesting closed-door testimony, saying it could be manipulated. Rep. James Comer of Kentucky, the chairman of the House Oversight Committee, has said Republicans expect “full cooperation” with demands. It was scheduled for Wednesday.“What are they afraid of? I’m here, I’m ready,” Hunter Biden, who lives in California, said outside the Capitol. He said he was offered a choice to come in for depositions or committee hearings. “Well, I’ve chosen,” he said. “I’m here to testify at a public hearing today to answer any of the committee’s legitimate questions.”Republicans pursue are pursuing an impeachment inquiry seeking to tie President Joe Biden to his son Hunter...

Police investigation underway following double shooting at apartment complex in Miami

Published Wed, 26 Feb 2025 01:36:44 GMT

Authorities responded to the scene of a double shooting in Miami, Wednesday. According to officials, Miami Police officers and fire rescue crews responded to Yolanda Villas Condo, located 801 NW 47th Ave., where they are actively investigating the scene.Police allegedly responded to reports of two women deceased inside of their residence at the apartment building.Law enforcement have not confirmed any information as they continue their investigation. Please check back on WSVN.com and 7News for more details on this developing story.