Executive Leadership Briefing

A federal appeals court stayed President Joe Biden’s vaccine requirement for private companies as the court assesses the mandate more in-depth, delivering a significant blow to the administration’s attempts to increase vaccination rates. The court cited “grave statutory and constitutional issues” in its ruling to review. The order came a day after the Occupational Safety and Health Administration officially published its vaccinate-or-test regulation, which was met with its own set of lawsuits.

Lawsuits over workplace vaccine rule focus on states' rights - Associated Press

84 million workers now have until January 4 to get a Covid vaccine — but these 6 myths are holding many back - CNBC

Survey: Majority of Federal Employees Disagree With Biden’s Vaccine Mandate - Government Executive

The House passed the long-delayed $1 trillion Build Back Better Act Friday in a bipartisan victory. Biden is expected to quickly sign the bill into law after months of debate. The bill will rebuild the country’s public works system, fund new climate initiatives and expand access to high-speed internet. Democrats will likely shift their focus to the social spending package now that the infrastructure bill is behind them.

Cedric Richmond, top Biden aide, "very confident" infrastructure projects will begin by spring - Face the Nation

How Biden’s infrastructure win falls short in one big area - Politico

Biden's infrastructure win gives him some momentum. Here's why he needs that - NPR

@POTUS: My Bipartisan Infrastructure Deal will build a national network of charging stations for electric vehicles and thousands of miles of new, resilient transmission lines for a clean energy grid. Together with the Build Back Better Framework, it will help tackle the climate crisis.

Stagnation in the job market poses a serious challenge for the Federal Reserve as policymakers work to assess how close the U.S. economy is to reaching its full employment goal. The labor force participation rate has held steady at 61.6% for months, down nearly 2 percentage points from the February 2020 level.

Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful. - The New York Times

@BChappatta: Treasury yields are tumbling across the curve after the jobs report. Move in the front end seems a bit much. Long end makes more sense: strong jobs report means "maximum employment" could be reached mid-2022, modest tightening begins, inflation cools off, Fed stops tightening.

Amid the Great Resignation, employers are tapping into a previously overlooked group of workers: people with disabilities. With more people working from home and a tight labor market, disability advocacy groups see the current moment as a turning point for people living with a physical or developmental disability to enter or return to the workforce. Even with this shift, people with disabilities face an unemployment rate that is nearly double that of those without — 9% compared to 4.4% as of September.

A vicious job market feedback loop is making the Great Resignation even worse — for employers - CNBC

Benefits may be the answer to the great resignation - Benefits News

The Great Resignation calls for a Great Re-engagement - Raconteur

First Lady Jill Biden kicked off a pediatric vaccination tour Monday to push for more COVID-19 vaccination sites to support efforts to vaccinate children nationwide. Incentive programs around the country offered money, gift cards and tickets to attractions to incentivize children to get vaccinated. Sesame Street tweeted their support of child vaccination campaigns, prompting conservatives to label the tweets “government propaganda.”

Child Vaccine Demand Underscores Deep Divisions in U.S. - Bloomberg

Ted Cruz files bill to block COVID vaccine mandates for kids - Houston Chronicle

@BigBird: I got the COVID-19 vaccine today! My wing is feeling a little sore, but it'll give my body an extra...

A federal agency has issued COVID-19 vaccine mandates or weekly testing for workers at U.S. companies with 100 or more employees, giving workers until Jan. 4 to get fully inoculated. States, companies, trade groups and other organizations are preparing a rush of arguments in the nation’s courts to oppose the measure from the Occupational Safety and Health Administration. Ford will require its 32,000 salaried employees in the U.S. to get vaccinated by Dec. 8 or face unpaid leave, aligning with mandates for federal contractors.

Vaccine mandates are surging in job listings - CNBC

Health systems' trouble with vaccine mandates - Axios

@JerryMoran: The choice to be vaccinated or not is a matter of personal freedom. I joined @SenatorBraun in introducing a resolution of disapproval under the Congressional Review Act to overturn President Biden’s intrusive vaccine mandate on private businesses.

Jobless claims in the last week dipped to a new pandemic low, reaching 269,000 as the nationwide labor shortage continues. Some companies such as UPS, which pays its unionized drivers the highest wages in the industry, are still predicting a robust fourth quarter thanks to a stable workforce. Amazon is focusing its recruitment efforts on parents who left the workforce during the pandemic, debuting a program that offers more flexible scheduling for families.

Why the labor shortage may go on for much longer - Marketplace

Deere warns employees not to expect more as strike continues - Associated Press

When Bonuses and Raises Aren’t Enough, Try Manicures and Free Clothes - The Wall Street Journal

More than 40 countries pledged to shift away from coal at the COP26 climate summit, excluding some of the world’s largest coal consumers including the U.S., China, Australia and India. While global demand for renewable energy is on the rise, overall energy demand is growing faster, underscoring a problematic gap in clean energy supply as economic markets recover.

Globe bounces back to nearly 2019 carbon pollution levels - Associated Press

Tariffs to Tackle Climate Change Gain Momentum. The Idea Could Reshape Industries. - The Wall Street Journal

Research shows COVID-19 did not stop clean energy jobs from rising - World Economic Forum

A novel way to reduce emissions? China tries confiscating coal from households. - The Washington Post

Coronavirus outbreaks are now “rippling” across China, marking the country’s most widespread outbreak since the first wave of infections that began in Wuhan in 2019. As the world’s top exporter of COVID-19 vaccines, China has begun leveraging its vaccine diplomacy to protect from other diseases such as pneumonia and hepatitis.

World Economic Forum postpones China event due to COVID-19 - Reuters

Quarantine-free Thailand faces tourism hurdle: China's COVID rules - Nikkei Asia

@Robert__Rennie:Chinese authorities are ring-fencing Beijing against growing Covid-19 outbreaks now permeating in more than half nation’s provinces, seeking to protect capital gearing up for a meeting of top political leaders and Winter Olympic games in less than 100 days

Ahead of a looming supply chain crunch this holiday season, alternative retailers such as the crafts-focused online marketplace Etsy could be poised for a more profitable season. The marketplace saw a 17.9% gross increase in sales over the last year. At the same time, experts are warning consumers that counterfeit products will likely pose an even greater threat.

U.S. airline disruptions cast a pall over holiday travel - Reuters

@deniseonKOMO: Black Friday returns-for real! No Turkey-Day shopping at Walmart, Target, Home Goods or Best Buy, all staying dark leading up to the biggest shopping weekend of the year. After feasting on #Thanksgiving dinner, shoppers can find #BlackFriday deals online. #komonews

"Highly Paid Union Workers Give UPS a Surprise Win in Delivery Wars" - Bloomberg / Source: Bloomberg

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Turbine Labs has tracked 19,065...

The Centers for Disease Control and Prevention formally endorsed the Pfizer coronavirus vaccine for children ages 5-11, supporting the Food and Drug Administration’s authorization of the vaccine and paving the way for children to get vaccinated as early as this week. A hospital in Texas is preparing for a rush of 30,000 pediatric vaccine appointments made since the FDA’s authorization Friday, underscoring high demand for children to get the shot ahead of the Thanksgiving holiday.

The Big Question This Thanksgiving: Are You Vaccinated? - The New York Times

Country by country, scientists eye beginning of an end to the COVID-19 pandemic - Reuters

Texas voters passed a pair of constitutional amendments on Tuesday aimed at curbing some issues that arose during lockdowns last year. One measure prohibits governments from limiting religious services and another allows residents in nursing homes and long-term facilities to have an “essential caregiver” who cannot be barred from visiting. Local elections also resulted in a win for Republican Glenn Youngkin for governor of Virginia, signaling a threat to Democrats in House and Senate races next year.

Takeaways from Tuesday's elections: Bad omens for Democrats - Associated Press

In New Jersey, GOP candidate’s small lead keeps Democrats anxious - The Washington Post

The Federal Reserve is expected to announce on Wednesday its plans to reduce its bond-buying program, marking the biggest step yet in reversing pandemic-era stimulus. Policymakers must now shift their focus towards how to handle surging inflation that is lasting longer than anticipated.

Biden Says He’ll Announce Pick ‘Fairly Quickly’ for Fed Chair - Bloomberg

@thehill: .@SenSchumer: "Build Back Better will be fully paid for and will ultimately relieve our nation's inflationary pressures. Don't take my word for it. Many leading economists have made clear that this legislation would improve, not worsen inflation."

Digital real estate company Zillow will phase out its home-buying unit, citing the inability to forecast home prices due to the volatility of the market. The company said in its earnings release that with the elimination of the unit it will also cut 25% of its workforce.

Waiting for a big drop in home prices? It could be a while - HousingWire

@darrenrovell: A reminder to stick to your core business. Zillow’s core business wasn’t real estate. It was real estate DATA.

Suicides in the U.S. fell for the second year in a row in 2020, even as pandemic-related stressors took a toll on Americans’ mental health. The number of suicides dropped 3% last year after cases soared 35% from 1999 to 2018, according to the CDC. However, the preliminary data showed increases in the number of suicides among young adults as well as some people of color.

Why Won’t Employees Use Their Companies’ Mental Health Benefits? - The Wall Street Journal

@Girlguiding: Children and young people face significant gaps in mental health support despite rise in demand, warn @CYPMentalHealth. Our #GirlsAttitudesSurvey showed alarming decline in girls’ wellbeing. We want young people's wellbeing prioritised in the recovery. https://bit.ly/2ZHYaML

"The new faces of Covid deaths" - NBC News / Source: NBC News

CONTENT FACTS

Turbine Labs has tracked 18,946 media articles and blogs and 22,678 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Thursday, November 4, at 9:30AM ET.

Questions or feedback? Don't hesitate to reach out to us directly.

About 9,000 municipal workers in New York City were put on paid leave for refusing to comply with the city’s vaccine mandate, which took effect Monday. Officials voiced concerns over the danger of unfilled public safety roles, including 18 out of 350 firehouses that were forced to go out of service. The clock is ticking for federal contractors to get their employees fully vaccinated under a federal executive order, even as heightened opposition to mandates has increased worker shortages across the country.

Military weighs penalties for those who refuse COVID vaccine - Associated Press

Alabama AG files suit to block federal contractor vaccine mandate- Fox News

Federal contractors get broad flexibility to enforce Covid vaccine rules for millions of workers - CNBC

Stretched supply chains and high prices slowed manufacturing activity in October, adding more doubt to inflation forecasts. New Bloomberg Economics supply indexes show shortages at near a 20-year high in the U.S. with similarly elevated levels in Europe. The risk is most apparent in industries such as the automotive sector, where shortages could threaten growth in the broader economy because of its ripple effects on employment.

Clogged U.S. supply chains lead to cargo theft - CBS News

Bixby Schools Closed Wednesday Due To Bus Driver Shortage - News on 6

@SenDuckworth: If we’re serious about reshoring manufacturing and building resiliency in our supply chain, we must raise the bar on our Buy American policies to help ensure taxpayer dollars go back into the U.S. economy.

Tuesday marks Election Day in local communities across the U.S., with voters set to determine governor’s races in Virginia and New Jersey. After the death of George Floyd, Minneapolis voters will decide whether to disband the city’s police department for a public safety agency. This year's race has the interest of political watchers across the country who are gauging the environment for the 2022 midterm elections.

Election 2021: Virginia's in the spotlight, but here are the other races to watch - Fox News

As Election Day nears, most U.S. adults say future of democracy is under threat - PBS News

Officials on alert for cyber threats ahead of election day - The Hill

Leaders from more than 100 countries pledged to end deforestation by 2030 during the first full day of the United Nations climate conference, committing nearly $20 billion of public and private funds to protect and restore forests. President Joe Biden called for more action to close the climate divides between nations during his speech, while global philanthropies including the Rockefeller and Ikea foundations pledged billions to help the energy transition in poorer nations.

Methane regulation: EPA proposes new rules to limit planet-warming gas - CNN

Corporate Climate Pledges Often Ignore a Key Component: Supply Chains - The New York Times

@AdamSchiff: The planet is on fire. We must act. Now. Our heads have been stuck in the sand, and our politics at loggerheads. The G20 conference won't change that. We need action. Let's start by passing what's in this reconciliation bill and then fight for more. It's long overdue.

About half of the flights to and from Beijing were canceled Tuesday as China tightened coronavirus restrictions ahead of the Winter Olympics. The strict “zero tolerance” policy for COVID-19 made headlines over the weekend when one positive case of the virus prompted officials to close down Shanghai Disneyland and test nearly 34,000 people who had attended the park.

Yahoo pulls out of China amid ‘challenging’ environment - Associated Press

@BonnieGlaser: At the G-20, the US and Canada are objecting to a reference to the 2022 Beijing Winter Olympics and Paralympics — requested by Beijing — “as a symbol of humanity’s resilience and global unity in overcoming Covid-19,” according to a diplomat. https://politi.co/3By9Y1g via @politico

"Supply Chain Crisis Risks Taking the Global Economy Down With It" -...

U.S. consumer spending increased slightly in September by 0.6%, a tell-tale sign that the economy remains in the grip of a pandemic prolonged by high inflation, higher prices and supply chain shortages. Annual inflation has remained far above the modest annual rates of 2% or less for months, but falling COVID-19 infections and recovering consumer confidence might signal a pickup in economic activity throughout the end of the year.

Global stocks fall, U.S. dollar climbs on inflation worries - Reuters

U.S. Prices, Wages Rise at Fastest Pace in Decades - The Wall Street Journal

@carlquintanilla: "The market conversation will soon shift away from supply chain strains and inflation toward double-ordering, product gluts, and disinflation .." - @knowledge_vital @Reuters

American Airlines canceled hundreds of flights Sunday due to weather and staffing shortages. The airline has canceled more than 1,500 flights since Friday, highlighting the months-long struggle airlines have been facing as travel has picked up in the pandemic. With demand steadily rebounding, staff cuts from over a year ago have hampered the industry.

Australia eases international border restrictions for first time in pandemic - Reuters

@hblodget: Excellent charts from @calculatedrisk showing real-time state of US economy. Some stats: - Air travel now 82% of normal (2019) - Restaurants, hotels, gas ~90% of normal - Movies now 75% of normal - NYC subway use now 40% of normal

A Gallup Poll found 36% of U.S. employees say their employer requires all workers without a medical exception to receive a COVID-19 vaccination, a 9% increase from the same poll taken in July. Many are challenging vaccine mandates, with the Supreme Court on Friday denying a request to block a Maine rule requiring certain health care employees to be fully vaccinated.

Covid-19 Vaccine Mandates Turn Into Religious Tests at GE, Disney—Some Longer Than Others -​​ The Wall Street Journal

NYC's employee vaccine mandate is now in effect. Here's what it could mean for first responders - CNN

@toadmeister: One in six New York City public servants remain unvaccinated and are expected to be put on unpaid leave from tomorrow as the city's vaccine mandate comes into force.

Microsoft said it plans to partner with community colleges across the country to help fill 250,000 cybersecurity jobs over the next four years. Microsoft believes it can reduce the country’s workforce shortage by 50% by 2025.

Microsoft and Sega exploring strategic alliance for Azure, next-gen game development - Windows Central

Microsoft Becomes World’s Most Valuable Stock as Apple Drops - Bloomberg

The U.S. cyber workforce gap is getting bigger - The Washington Post

American’s opinions regarding the U.S. economy have become increasingly negative in the past months, with nearly half expecting economic conditions to continue to worsen in the next year, according to a new poll. Just 35% of Americans call the economy good and 65% call it poor, compared to September when 45% of Americans called the economy good.

Labor shortage, supply constraints and inflation hold back economy trying to emerge from pandemic - CNBC

Forget Q3, U.S. Economy Likely to Regain Pace in Q4: 5 Picks ​​- Zacks Investment Research

"New data show Fed's inflation debate still unresolved" - Reuters / Source: Bureau of Economic Analysis, St. Louis Federal Reserve

CONTENT FACTS

Turbine Labs has tracked 10,228 media articles and blogs and 9,880 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Tuesday, November 2, at 9:30AM ET.

Questions or feedback? Don't hesitate to reach out to us directly.

The U.S. economy grew at a 2% annualized pace during the third quarter of 2021, the slowest pace in more than a year, likely caused by supply chain constraints creating shortages of goods that stifled consumer spending. Gross domestic product grew 0.5%, down from 1.6% in the second quarter and the weakest growth since pandemic recovery began in the spring. As the year comes to a close, the pandemic’s grip seems to be easing but supply-chain issues are not.

Consumer Spending Likely Grew More Slowly in September - The Wall Street Journal

The market is starting to price in more interest rate hikes than the Fed is indicating - CNBC

@byHeatherLong: US economy grew just 2% in Q3 -- the weakest by far in this recovery as Delta took its toll. Big declines in Federal gov't spending as stimulus starts to fade. Also big drops in biz investment, esp. weak buying of equipment and residential investment likely due to supply chain woes

Facebook Inc. has changed its name to Meta Platforms Inc., demonstrating the company’s shift from a global social network to an emerging computing platform focused on virtual reality. The change highlights Mark Zuckerberg’s desire to transition the Silicon Valley company’s focus to the next digital frontier: the unification of disparate digital worlds into the metaverse. The Facebook app that is used by almost 3 billion people around the world each month will keep its name.

Enter the metaverse: the digital future Mark Zuckerberg is steering us toward - The Guardian​​

Microsoft announces plan to cut cybersecurity workforce shortage in half by 2025 - CNBC

@evan_greer: I took a dive into the "Metaverse" and went on the BBC to talk about Facebook's rebranding and how we need to fight tooth and nail to ensure that the Mark Zuckerbergs of the world don't define and control the next generation of the Internet.

A Kaiser Family Foundation survey found 37% of unvaccinated workers say they will quit their jobs if their employers mandate vaccines or force weekly coronavirus tests, with 72% of unvaccinated workers saying they will quit if their employer does not offer the testing option. So far, 5% of unvaccinated adults have left a job due to a vaccine mandate. The Biden administration’s vaccine mandate rule for private-sector employers allows businesses to force workers who refuse to get the COVID-19 vaccine to pay for required weekly tests and masks.

Pandemic to endemic: How the world can learn to live with COVID-19 - McKinsey and Company

Iowa lawmakers pass vaccine mandate exemption bill - Associated Press

Air Force is first to face troops’ rejection of vaccine mandate as thousands avoid shots - The Washington Post

Migration to rich countries plunged last year as the pandemic closed borders and businesses, but industries that rely heavily on migrant labor are reopening, signaling a rebound from worker shortages. The number of migrants arriving in its “mostly rich-country members” in 2020 fell by almost a third to 3.7 million, the largest drop since 2003, according to the Organization for Economic Cooperation and Development’s annual report.

Immigrants could fix the US labor shortage - Vox

Why is Amazon stock crashing? Blame supply-chain issues and labor shortages - Fast Company

@RepLouCorrea: The immigrant story is the American story. This #NationalImmigrantsDay, we honor the enormous contributions immigrants have made and continue to make to our country. We also must take action. That’s why we need to include an immigration reform in the reconciliation package.

The White House’s Build Back Better plan announced Thursday contains a $555 billion package of tax credits, grants and policies aimed to reduce greenhouse gas emissions, the largest clean-energy investment in U.S. history. The investment is part of President Joe Biden’s $1.75 trillion spending bill and if passed, environmental experts said the legislation could create momentum to slash pollution levels and address climate change on a...

WHAT YOU NEED TO KNOWStock futures http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaCA1UD5F_eAbLrQX0Oszu4xoRPBXEUf5uT-7ZulMhc1BYuIfpWXGfdvCgBOyiKFGnXXmklz_BDSHb-N7hZBcwSlMBmJv0e1P3OCZvX6he9iC/3gj/2Ut1rrYrT0umouetV6l4HA/h7/T7XA7wBBgAIRReNv8KaRF44h30xfCAIOixA6sLi6qt4 (edged) slightly higher Thursday as jobless claims http://url3158.turbinelabs.com/ss/c/Mu91vZHQbC7rXgwWVsd1eLrfERdpecIiqrfAX_pr2JxOWXOIWGOqn0GId1ZPxtVDNkXQlpTZoDQsyw3nr1bgtADbb4wVDn2DUjgswyhPvfTVltvFIcre7qFFy6pYNmpyxwSYmIsxdiqplak7_GVgjTe-UYOfADKbbkdD_aLoMKw/3gj/2Ut1rrYrT0umouetV6l4HA/h8/FrH7RmnqC29J_Z1tusPjl6adH8r_l8fJHRfZ2Tz-qeU (dropped) to 281,000 to another pandemic low last week after a Wednesday http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaCA1UD5F_eAbLrQX0Oszu4xoRPBXEUf5uT-7ZulMhc1BYuIfpWXGfdvCgBOyiKFGnd0On8fUk5NnnW4iCJlhiutHNrqJtu33BPUQmYKj61c7/3gj/2Ut1rrYrT0umouetV6l4HA/h9/EdDrR1Qa4dBpY2vsn5XpKZg48ChkN25bcUTUtr067dU (filled) with choppy trading. Despite nearly http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaKCd6_2WtonU8ozRR1kPSVhFjU1RyF_D-JMuuOGCEubfD1TnG6Nn4S_7yAYVGAQ-EKW5jgM-dvIALjCPrgSrbb0/3gj/2Ut1rrYrT0umouetV6l4HA/h10/FW3_tPj30WU5fxHGG3SGMbIdutu7SQIJMt_0hRmlQUE (doubling) Wall Street’s earnings expectations and slightly beating revenue projections for the third quarter, Ford Motor’s net income of $1.83 billion still fell 23% when compared to a year ago. General Motors’ profit http://url3158.turbinelabs.com/ss/c/Mu91vZHQbC7rXgwWVsd1eLrfERdpecIiqrfAX_pr2JyhaIquxsjSFEjqxuzQ9J1mAQKoQiPy_rqMPv8Caogz6GgFq4hWrHhYFFoT1KbFA-8aAJ6g-DhB09HuTr1ldYIJ/3gj/2Ut1rrYrT0umouetV6l4HA/h11/sURoEjMYPlx-i3dBLwXs1nNxfb1SH4KmGwcifIsmrK4 (dropped) 40% to $2.4 billion, signaling the toll the global computer chip shortage had on third-quarter profits.

http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaP959FCxFmeGR5niGi9igTgwo3c7MG09Zg0rRQt6bUoBCxRgAkG3bINPWBKyLIyg3t2RUUcgy4gRe987UscUsTdVkMWh9C7OOkOR7OpbLbZuhDbQN14CXobmvasgxXUeND-uh3BAs7fClKS8SpcWy_g/3gj/2Ut1rrYrT0umouetV6l4HA/h12/LDSOPmpOGqqM-dzABwKQ1zS0HIoMJbcNaAuj1TFy-Zs (Volkswagen and Stellantis take financial hit amid chip shortage) - The Guardian

http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaKCd6_2WtonU8ozRR1kPSVgem37c5vRHM32Cz8afmamWaDyZsS_szGyx-43Fb_VFB9IcGeyueNvf4jrMcNdb-v6y_eAz6EJHIduBonfv3wUm/3gj/2Ut1rrYrT0umouetV6l4HA/h13/-FvYlCLZq4RmqywBi6TO84nc29dsWdZFAfaaAzNVnGI (The picture won’t be pretty for third-quarter economic growth, but it should get better) - CNBC

http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaCA1UD5F_eAbLrQX0Oszu4zK4FT8ORDeBbQLVQ2e2Tmy1UMdMd4V3wMAaESCw1kCHl9ZyiA6LNSd_MZVeAKrbIeugrpjjA1y7dPrtpp3P9YB/3gj/2Ut1rrYrT0umouetV6l4HA/h14/m6f0UOTrLEro2-jBlpccZcn3vUpLz68T_dogLb-2WvA (U.S. Economy Slowed in Third Quarter on Delta Surge, Supply Crunch) - The Wall Street Journal

The affordable, easily accessible antidepressant drug fluvoxamine might be the next http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaPIyajerpZ9WL0qr8TPOALsVAfouPcx072JdgszBSt2_qzrQcNq4JYf1AQjHHQgvJ_IRPe8s094nfnQp57-xH5E7v41AuKbMutqxIQi_4Pca/3gj/2Ut1rrYrT0umouetV6l4HA/h15/76LapKJVcRDCtaT6vyPleLtV84GP6sVrxJs2tsf1wZI (weapon) in the fight against COVID-19. Just under 11% of patients http://url3158.turbinelabs.com/ss/c/v25LA9c_hMaywdG17KBjaC-ik_AoAw1UQHds8JLSV9RuMLPTPoNFiev-keUxbTjP0u3h-xCBXHWPcyPNyMpxf5oIg8DD3PZZgcyYwchahOVjyRk_Cml_IYYMq1gGae3XhRY6oihtSsTD-jpZ6RXhmKN_jluaBwQVEotp_NdNk3CshRlE46zsmPJXUXJ9ZFD5/3gj/2Ut1rrYrT0umouetV6l4HA/h16/50FW6cVe6tH6ly5aTG94YplD9hJlxQeD94KSTsuT0X8 (given) the antidepressant twice a day for 10 days were hospitalized or needed emergency medical care when compared to almost 16% of those given a placebo in a trial of about 1,500 patients, according to a Brazilian study. The results...

Emergency rooms across the country are filling with patients even as COVID-19 cases continue to fall, underscoring the large number of patients who delayed treatment during the delta surge and now face worsened symptoms from other illnesses. The number of new daily coronavirus cases has plunged 57% since peaking on Sept. 1, but many people who come to the ER are being treated by ER doctors for long-term care roles they weren't trained to do.

FDA Panel Recommends Vaccine for Children 5 to 11 - The New York Times

It Turns Out Paying People to Take the Covid-19 Vaccine Doesn’t Really Work - The Wall Street Journal

@lindy2350: Starting exposure therapy at home with my 7yo today to get ready for the Covid shot. Step one of her fear hierarchy: Smelling rubbing alcohol.

A “red hot ad market” has boosted quarterly earnings for Google and other technology companies, with digital ads skyrocketing as consumers shifted their purchases online. Spotify expects to have over 400 million users by the end of the year, with ad revenue up 75% due to the platform’s growing number of podcasts.

Futures Struggle Amid Mixed Earnings; Bonds Gain: Markets Wrap - Bloomberg

GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast - CNBC

​McDonald's Q3 earnings jump as bigger orders, menu deals boost sales - Yahoo Finance

The Federal Trade Commission is investigating whether Facebook engaged in deceptive conduct after company research identified the ill effects of the social media platform on its users. The scrutiny follows a series of leaked company documents, now dubbed the Facebook Papers, that have driven reports in the news media on their contents. Fresh media investigations suggest that Facebook chose to shelve suggestions in March over how to quell vaccine misinformation.

TikTok and Snap want to prove they’re not Facebook - The Verge

There’s a Better Way to Use Instagram (and Even Facebook) - Slate

Beijing is racing to control coronavirus outbreaks with 100 days until the Winter Olympics, compounding obstacles that China faces with growing calls for a boycott over its crackdown on Xinjiang, Tibet and Hong Kong. While the current outbreak is considered small by international standards, just one case represents a challenge to the country's zero tolerance approach for the virus.

China Covid Spike Wipes $4 Billion Off Hot Pot Firm This Week - Bloomberg

U.S. drug company Merck to share license for experimental covid-19 treatment with non-profit - The Washington Post

Australia officially allows vaccinated residents to travel outside the country - CNN

@SchreiberEvan: If you thought the Tokyo rules were strict......BEIJING (@AP) — Chinese organizers confirmed participants in the @Beijing2022 Olympics will be strictly isolated and could face expulsion for violating COVID-19 restrictions. @KATUNews #LiveDesk

Cigarette sales rose in 2020 for the first time in 20 years, most likely fueled by the pandemic. COVID-19 increased rates of anxiety and depression across the country, while less money spent on travel, gas and entertainment last year led to more “tobacco-use occasions.”

Vaccine eligibility for mood disorders underscores elevated covid risk - The Washington Post

People Are Using Marijuana to Treat Anxiety and Depression, but the Science Is Murky - The Wall Street Journal

@APA: For many Americans, the prolonged uncertainty of the #COVID19 pandemic is a significant source of stress and anxiety. Research from @kate_sweeny's Life Events Lab at @UCRiverside helps us understand the best ways to cope.

"Covid Cases Keep Falling" - The New York Times / Source: New York Times database

CONTENT FACTS

Turbine Labs has tracked 22,946 media articles and blogs and 15,687 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Thursday, October 28, at 9:30AM ET.

Questions or feedback? Don't hesitate to reach out to us directly.

The largest police union in New York City is suing to challenge the city’s COVID-19 vaccine mandate for all city workers. The Police Benevolent Association of New York said it opposes the mandate because it does not allow the option of being tested weekly instead of vaccination. The union also claimed the mandate does not contain sufficient protections for religious belief exemptions.

Ron DeSantis wants to pay anti-vaccine police $5,000 to relocate to Florida - The Guardian

Business groups ask White House to delay Biden Covid vaccine mandate until after the holidays - CNBC

@Rita_Katz: Emergency workers marched against NYC vaccine mandate today. Mandate will apply "to roughly 160,000 employees who have not yet been required to get a shot...As of last Tuesday, the overall NYPD vaccination rate was 71 percent...city workers are even lower"

Experts advising the Food and Drug Administration are set to meet Tuesday to consider whether a pediatric dose of the Pfizer coronavirus vaccine should be offered to 5- to 11-year-olds. A positive recommendation would likely lead to a string of decisions that will expand vaccinations in the U.S. to millions of young children. Last week, the FDA confirmed the shot was found to be safe and 90.7% effective at preventing symptomatic COVID-19 in the age group.

Moderna says its COVID-19 vaccine protective, safe in young children - Reuters

We asked a pediatrician about the COVID-19 vaccine for kids. Here's what he said - CBS News

@GovPritzker: As a father myself, I know this day is a long time coming for many.Thanks to scientists and doctors who’ve worked tirelessly for the last year, we are likely just days away from having the COVID-19 vaccine available for 1.1 million more Illinois children ages 5 to 11.

President Joe Biden signed an order Monday imposing new vaccine requirements for most foreign national air travelers while also lifting some travel restrictions on China, India and parts of Europe starting Nov. 8. The White House also said both unvaccinated and vaccinated Americans must obtain a negative COVID-19 test before re-entering the country. Under the restrictions, unvaccinated foreign nationals will be able to enter only in limited circumstances.

Unvaccinated Americans to face tighter COVID testing requirements in new US travel system - USA Today

Unvaccinated children and some people from countries with low rates will be exempted from new U.S. travel rules. - The New York Times

@poloconghaile: Travellers from Ireland, Britain and most of Europe can fly to the US again from November 8, provided they are fully vaccinated, show a negative Covid-19 test result and sign an attestation. Here's all we know about the new rules...

Democrats are wrapping up negotiations over their social-spending and climate bill, a first-of-its-kind proposal that taxes billionaires on the assets they own. According to tax experts and investors, the bill is expected to face challenges as it would require roughly 700 U.S. billionaires to pay taxes annually when their assets, like stocks, increase in value. Senate Majority Leader Chuck Schumer (D-N.Y.) said Monday there were up to four open issues that remain unresolved. The bill was initially drafted at $3.5 trillion and is now expected to cost between $1.5 trillion and $2 trillion.

Democrats quietly scramble to include immigration provision in social spending bill - The Washington Post

Proposed Tax on Billionaires Raises Question: What’s Income? - The New York Times

Labor shortages and persistent inflation remain unpredictable, with 58% of U.S. companies reporting wage raises during the third quarter to combat resignations, an increase from 51% during the prior three months. The portion of companies reporting a worker shortage rose to 47% during the quarter as the cost of materials rose, according to a survey by the National Association for Business Economics. Investors are paying close attention to third-quarter results as COVID-19 continues...

U.S. stock futures edged slightly higher Monday as the five largest U.S. tech companies plan to report earnings this week, starting Monday with Facebook. Energy stocks have also continued to surge, challenging climate-conscious money managers who are now missing out on the world’s hottest stocks.

Top Wall Street analysts see upside in these stocks as earnings season continues - CNBC

From doom to boom, energy stocks power out of COVID shock - Reuters

@DaisyMaxey: U.S. stock futures creep lower; SandP 500 on course to break seven-day winning streak; American Express and Honeywell International among the companies set to report earnings ahead of open #stocks #stockstowatch #investing

Microsoft said Nobelium, the Russian-based agency behind the SolarWinds cyberattack, targeted hundreds more “resellers and other technology service providers” in its latest wave of attacks on U.S.-based computer systems. In a blog post, Microsoft said the attacks were part of a broader campaign over the summer that affected hundreds of Microsoft customers. The attacks come only months after President Joe Biden imposed sanctions on Moscow in response to a series of spy operations, hoping to limit cyberattacks.

Russian SolarWinds hackers have a new target: the global tech supply chain - Fortune

@carlquintanilla: “While we are clear-eyed that nation-states, including Russia, will not stop attacks like these overnight, we believe steps like the cybersecurity executive order in the U.S., .. have put us all in a much better position to defend against them.” $MSFT

Corporate giants including Nestlé, Verizon and Procter and Gamble are betting consumers will continue to pay more for their products if they keep raising prices into 2022, offsetting fast-growing costs amid the supply-chain crisis. So far, price increases have paid off for makers of household staples, but some analysts question whether shoppers will start to seek cheaper, off-brand alternatives. A key measure of investors’ inflation expectations suggested the consumer-price index will rise by an annual average of 2.64% over the next decade, adding to concerns about rising consumer prices.

Changing the inflation conversation - Axios

There's No 'Supply-Chain Shortage,' Or Inflation. There's Just Central Planning - Forbes

@MichaelRStrain: Consumer spending on goods was 15 percent higher in August than February 2020 (the month before the lockdowns began), and has been as much as 20 percent higher.

The shortage of child-care workers continues to disrupt the U.S. workforce, sidelining the careers of women who would otherwise remain in the labor force. Household survey data showed more than seven million adults made personal adjustments within the past month when their children under 5 were unable to attend daycare due to safety concerns. Nearly one-third of parents with safety-related daycare interruptions used paid leave to care for their kids.

House passes biz-backed bill adding protections for nursing moms - Reuters

3 ways to fix the vicious cycle that's disrupting childcare and making the labor shortage worse - Insider

@POTUS: Under my Build Back Better Agenda, parents will not have to pay more than 7% of their income in childcare. Think of the difference this is going to make in the lives of families across the country.

The build-up of greenhouse gas concentrations in the atmosphere rose to record levels in 2020, proving the world is “way off track” on climate goals despite pandemic-related lockdowns that were thought would curb emissions, according to the World Meteorological Organization. The amount of CO2 is now 50% higher than before the Industrial Revolution sparked widespread fossil fuel burning, driving up temperatures in excess of the goals of the Paris agreement and complicating the task for governments to avert dangerous levels of warming.

Why 25 Previous Conferences Have Failed to Stop Climate Change - The Washington Post

Yes, There Has Been Progress on Climate.