Executive Leadership Briefing

The Food and Drug Administration authorized a booster shot after weeks of deliberation for some Pfizer COVID-19 vaccine recipients. People over 65 and those who are at risk of facing serious complications due to frequent virus exposure at their jobs were recommended a booster at least six months after a second injection. The booster aims to curb the pandemic and the dangerous Delta variant. World Health Organization officials reiterated opposition to the widespread rollout of booster shots for the general public.

Annual peak Covid seasons are here to stay. The world of work will pay a big price - CNBC

Most Americans will get booster shots soon, doctor predicts - TODAY

Doctors Encouraging Flu Vaccinations, Warn Of Double-Punch With COVID-19 - KPBS

@PrisonPlanet: The CEO of pharmaceutical giant Moderna says that even younger people will have to get vaccine booster shots at least once every three years, meaning that a two-tier society which punishes the unvaccinated could remain in place indefinitely.

The Fed’s rate-setting committee indicated they expect to slow the asset purchases used to support the economy, predicting a raise in interest rates next year and sending a clear signal that policymakers are preparing to taper the $120 billion in monthly asset purchases as soon as November. Federal Reserve policymakers predicted an annual inflation rate of 4.2% by year's end, a 3.4% increase over what they were forecasting in June.

US Stocks Rise as Fed Signals Possible 2022 Interest-Rate Hike - The Wall Street Journal

Fed Officials See ‘Transitory’ Inflation Lasting Quite a While - The Wall Street Journal

@johnauthers: This. The most sensible reading of what Powell just said is that the Fed starts tapering at $15billion per meeting, starting in November. That would get the job finished next June - and it's a more aggressive taper than most seem to be expecting. #FOMC

United Airlines is the latest company to face criticism as the number of religious exemptions associated with an increase in COVID-19 vaccine mandates continues to grow. Six United employees filed a class-action lawsuit in Texas federal court, alleging the airline denied religious and medical exemptions from its coronavirus vaccine requirement and made the exemptions difficult to apply for. The suit alleges that if an employee secures a religious exemption, the company effectively terminates them. United was one of the first large U.S. companies to announce a vaccine mandate for its employees back in August.

Vaccine mandates for travel are legal in the U.S. — and more are probably coming - CNBC

Nurses Are In Short Supply. Employers Worry Vaccine Mandate Could Make It Worse - NPR

Judge says NYC can move ahead with DOE vaccine mandate - New York Post

@briantylercohen: After Maine implemented a statewide vaccine mandate, of the more than 33,000 healthcare workers employed at the 2 largest healthcare providers in the state, only 65 people quit over the mandate. That's 0.19%. Vaccine mandates work.

U.S. home sales fell in August as near-record asking prices made buyers think twice, easing the frenzy the turbocharged housing market felt just a few months ago. August's existing-home sales declined 2% from July, the biggest monthly decline since April. Housing inventory declined 13.4%, but median house prices increased 14.9% in the same time frame compared to a year ago.

Most overpriced housing markets: Idaho, Utah cities top US list - Deseret News

This is how much it could cost to buy a house in the U.S. by 2030—and tips on how to start saving now - CNBC

Robotic process automation, or software bots, became a critical tool during pandemic lockdowns and office closures, with up to 40% of companies worldwide turning to bots and other forms of automation to control everyday office tasks. The adoption of bots helped ease routine office work and offered more complex help like proofreading legal contracts at much higher speeds than remote workers alone. As...

The House passed a bill suspending the debt limit and preventing a government shutdown in an effort to prevent economic loss and distress. The legislation is likely to fall in the Senate as many GOP members have voiced their opposition to raising the debt ceiling. If the Senate rejects the plan, the government would run out of authorization to keep paying U.S. obligations sometime in October.

Debt-Limit Suspension Passes House, Faces Standoff in Senate - The Wall Street Journal

Congress's failure to lift debt ceiling would devastate US economy, study finds - The Washington Post

@vermontgmg: The unseriousness of the GOP in governing over the last decade is the greatest modern threat the US faces. The debt ceiling is an insane self-destruct button in the US Gov that the GOP continues to play chicken with.

Google announced plans to buy a $2.1 billion sprawling Manhattan office building on the Hudson River waterfront, one of the highest prices spent for an office building in the U.S. in recent years. Despite recently delaying plans to return to the office until January, the search engine giant joins other tech companies investing in prime real estate, signaling a jolt of optimism in the industry.

Los Angeles firm spends $490 million on Seattle office building leased by Amazon - The Seattle Times

Hines, Korean Pension Fund Bet Big on San Francisco Comeback - The Wall Street Journal

They Never Could Work From Home. These Are Their Stories. - The New York Times

Ready your organization for a hybrid work model - Fast Company

@JimmySpencer: There’s a lot of good points about remote work in 2021. Work-life balance being chief among them. But when I look at my career, if it consisted of just remote and no work-social life, there’s no way I could have grown, learned and enjoyed work the same. It’s not all or nothing.

President Joe Biden outlined a U.S. foreign-policy vision rooted in global alliances during his address to the UN, saying big issues facing the world, like climate change and the pandemic, can only be solved with countries with varying national interests working together. Biden is expected to announce Wednesday that the U.S. will purchase 500 million doses of the COVID-19 vaccine developed by Pfizer to donate to developing countries. The announcement comes as pressure grows on U.S. drug companies like Moderna to share its COVID-19 vaccine technology with nations in desperate need of more shots.

Biden Tells The U.N. The U.S. Is Embarking On An Era Of 'Relentless' Diplomacy - NPR

Biden to Push Global Plan to Battle Covid as National Gaps Widen - The New York Times

More and more businesses are enforcing vaccine mandates as the coronavirus continues to spread in the U.S. Amtrak will require nearly all of its 18,000 employees to be fully vaccinated by Nov. 22. The San Francisco International Airport also said each tenant and on-site contractor must immediately require all on-site personnel to be fully vaccinated by Dec. 1.

COVID-19 and the U.S. courts: challenges to vaccine requirements - Reuters

School vaccine mandates aren't new: A history of requirements - CNET

The House approved a bill Tuesday that would protect banks servicing state-legal marijuana businesses from facing penalization. The SAFE Banking Act would benefit marijuana companies that have been long hindered by the need to deal in cash due to federal restrictions. As the cannabis industry has continued to boom throughout the pandemic, businesses like Amazon urged the U.S. government to legalize marijuana to catch up with the growing number of states that have decriminalized cannabis use.

Why The Feds Love Marijuana Legalization - Forbes

Denver pandemic cannabis sales smashed records, according to new report - Denver Business Journal - Denver Business Journal

Cannabis e-commerce startup Jane Technologies raises $100M after stellar growth - TechCrunch

@RepLouCorrea: I support the Safe Banking Act. Let’s begin to decriminalize cannabis...

Stock futures rose Tuesday after worries surrounding China’s property market caused a streak of calm in stock indexes, sending the SandP 500 to its worst day since May on Monday. The Tuesday morning increase was fueled by Asian markets stabilizing overnight, helping U.S. sentiment after concerns surfaced of potentially devastating default debt for Chinese property developer Evergrande.

Cramer says U.S. economy unlikely to face major damage from struggling Chinese developer Evergrande - CNBC

Evergrande: Asia stocks mixed as investors weigh China concerns - BBC

@PeterSchiff: Many are now worried that real estate representing 20% of the Chinese economy threatens to destabilize its economic model. Yet few are raising similar concerns about consumer spending representing 70% of the U.S. economy representing a destabilizing threat to our economic model!

The Biden administration plans to ease travel restrictions starting in November for foreign travelers who are fully vaccinated against COVID-19 in an effort to lessen tensions with Europe and reunite families. Non-citizens visiting the U.S. will still be required to show proof of vaccination and a negative COVID-19 test result. The travel restrictions have been active for over 18-months and cover travel from 33 countries, including members of the EU, China, Iran and South Africa. The announcement aims to add new life to the U.S. tourism industry which suffered a $500 billion loss in travel expenditures in 2020.

US extends land border restrictions with Canada, Mexico through Oct. 21 - USA Today

White House debates vaccines for air travel - The Hill

Easing restrictions will boost U.S. airlines but business travel still unclear - Reuters

@MayorToddGloria: The extension of nonessential travel restrictions at the US/Mexico border run contrary to the revised measures for air travel, further highlighting the inequity of these policies. It's time to restart travel across the border and end the harm impacting our region. #ForAllofUs

Newly released studies continue to show a desire for more remote work with 26% of HealthEquity survey respondents saying they had no plan to return to onsite work again. 77% of respondents said they did not want to return to working onsite full-time, citing time and commute costs and saying they are more productive and mentally healthier in a remote environment. Another “Return To Work Study” by Medallia found 96% of U.S. employees surveyed preferred to work on a hybrid basis.

Why workers might eventually reject hybrid work - BBC

Apple Is Working on iPhone Features to Help Detect Depression, Cognitive Decline - The Wall Street Journal

@ByronTau: In August, only about 13% of Americans were still teleworking. Even at the pandemic peak, only 35% of Americans were teleworking. The "conversation" about the future of work affects only a very narrow set of upper-income jobs requiring advanced degrees.

Vaccine developer Johnson and Johnson said a booster dose of its COVID-19 vaccine administered two months after the first shot is 94% effective and boosted protection against symptomatic illness among late-stage clinical trial participants in the U.S. Data from the trial showed a booster dose given six months after the first shot was increasingly more protective against the coronavirus. The discovery comes ​​after an FDA panel recommended against Pfizer boosters for those 16 and older, but booster shots remain a debate in the public health community.

New Study of Covid Booster Shots Fans Debate Over Benefits - The New York Times

Fauci: FDA vote against Covid booster shots ‘not the end of the story’ - The Guardian

States bracing for confusion about coronavirus booster rollout - The Washington Post

COVID-19 Has Now Killed About As Many Americans As The 1918-19 Flu - NPR

@angie_rasmussen: JandJ recipients have often felt left behind by the dominance of discussion and recommendations about mRNA vaccines, but this is mostly because there’s much less...

Results from the highly anticipated trial from Pfizer and BioNTech found their COVID-19 vaccine was safe and effective for children aged 5 to 11. The trial used a smaller vaccine dosage of 10 μg instead of the regular 30 μg dose that is used for people 12 and up. News of the study comes as pediatric COVID-19 cases are surging nationwide. Pfizer plans to seek emergency use authorization in the U.S. for children 5 to 11 as soon as possible.

CVS Health to hire 25,000 ahead of flu season, COVID-19 boosters - Reuters

Cuba vaccinates children as young as 2 in strategy to reopen schools, economy - CNN

A New Covid Testing Model Aims to Spare Students From Quarantine - The New York Times

@ashishkjha: Good news many parents (including me!!) have been waiting for Pfizer data shows vaccine safe, effective for 5-11 year-olds If the full data bears this out As I've been saying for a while My 9-year will get a shot by Halloween And that'll be a treat!

A Food and Drug Administration advisory panel overwhelmingly rejected the proposal to approve Pfizer’s COVID-19 booster shots for the general population on Friday, agreeing only to recommend injections for people ages 65 and older and for those at high risk of severe illness. The FDA cited concerns over a lack of evidence, saying it is too soon to justify booster shots for everyone and that it is more important to get more people vaccinated the first time around.

Covid-19 Vaccinations Boost the Global Economy, but May Not Cure It Alone - The Wall Street Journal

Vaccine mandate backlash sparks concerns of other health crises - The Hill

NIH director believes widespread coronavirus vaccine boosters will be recommended despite FDA opinion - Fox News

@DrEricDing: 💡Hopeful—“preliminary data suggesting that mixing different vaccines could offer an even stronger immune boost”. Scientists hope 3 vaccine doses gets us enough protection—hybrid antibodies appear to be more versatile and recognize more #COVID19 variants.

Treasury Secretary Janet Yellen called on Congress to raise or suspend the U.S. debt ceiling, saying the government will otherwise run out of money sometime in October. House Speaker Nancy Pelosi issued a "dear colleague" statement calling on Congress to act in a bipartisan manner to avoid a widespread government shutdown, but the GOP said it will not budge on its vow not to help Democrats raise the ceiling before the crucial October deadline.

U.S. Default Date Is Estimate Congress Wants, Yellen Can’t Give - Bloomberg

Fed to reveal new projections with investors on alert for rate liftoff timing - Reuters

After years of being 'squeaky clean,' the Federal Reserve is surrounded by controversy - CNBC

@mattyglesias: You need layered mitigation strategies for the debt ceiling: — Republicans should vote to raise it — But it’s also unconstitutional and all bills will be paid whether or not it’s raised — And we should mint some platinum coins to put on Yellen’s to clarify she’s good for it

Natural-gas prices surged to nearly double what they were six months ago on Friday, a 17% jump just this month, prompting winter shortage worries. Rock-bottom gas prices have long been a reliable feature of the U.S. economy. Across Europe, sky-high natural gas prices and low stockpiles caused by maintenance issues at energy plants are pushing broad inflation, hurting consumers and threatening pandemic recovery.

Oil Companies to Be Sidelined at U.N.’s Climate Conference - The Wall Street Journal

Natural gas has only done this twice in the last decade, and it could mean more pain ahead, charts suggest - CNBC

Gas price rise: 'UK not seeing risks to supplies right now' - BBC

@JohnCornyn: Biden Says He’s Exploring Why Gas Prices Are High @BGOV Here's some ideas: 1) supply and demand 2) inflation 3) labor shortages 4) increased transportation costs especially for imports from OPEC 5) restrictions on domestic production 6) threat of higher taxes and regulations

To limit screen time for younger...

Italy became the first European country to make a COVID-19 certificate mandatory for all workers. Any Italian workers that fail to present a valid certificate will face suspension and could have pay stopped. The document will detail whether a person has been vaccinated, recently recovered from the virus or tested negative. Currently, nearly two-thirds of Italians are vaccinated.

Will Biden's mandates work? Macron's vaccine pass gamble may hold some clues - CNN

Which countries are enforcing mandatory Covid jabs – and how? - The Guardian

@ClareinItaly: Yes, Italy's new Covid green pass extension really does apply to all workplaces and no, your anti-vax colleague won't be left with a great deal of options. Here are all the details about the new rules coming in next month

Once used sparingly around the country, religious exemptions are growing in popularity as more COVID-19 vaccine mandates are implemented. An estimated 2,600 Los Angeles Police Department employees are citing religious objections to try to get out of the required vaccination, and thousands of state workers in Washington are seeking similar exemptions. No major denomination opposes the vaccine, even the Christian Science Church whose adherents largely rely on prayer rather than medicine.

This pastor will sign a religious exemption for vaccines if you donate to his church - The Washington Post

Vaccine Resisters Seek Religious Exemptions. But What Counts as Religious? - The New York Times

Transportation costs emerged as another supply-chain hurdle, overwhelming many businesses already confronting higher wages and raw material prices. Some CEOs said they expect elevated freight costs to stretch in 2023. The COVID-19 pandemic has led to port lockdowns and container ships being taken out of service, resulting in an overall reduction capacity. The cost of shipping containers across the ocean is now higher, truck drivers are in short supply and gasoline is more expensive.

How the pandemic turned humble shipping containers into the hottest items on the planet - CNN

Get Ready for an Expensive Revenge Christmas - Bloomberg

@SahilBloom: The chart of the number of container ships stuck at anchor outside the LA and Long Beach ports is insane… It crossed 60 today—a figure that shatters all previous records—and most industry experts say there is no end in sight. Holiday shopping season could get very interesting.

Millennials were the first generation to disrupt the traditional ways of working and introduce a more purposeful approach, but now Gen Z is the largest demographic in the workplace. Unlike any cohort before them, Gen Z is a digital native generation whose formative years have been defined by the pandemic.

42% of Gen Z Prioritize Work-Life Balance Over Other Job Perks, Survey Says - GOBankingRates

What Students Are Saying About What It’s Like to Be Back in School - The New York Times

More than 30% of vaccinated Americans have in some way stopped socializing with friends, family members or acquaintances because they’re unvaccinated against COVID-19. A further 27% said they haven’t “cut ties” but that it “upsets them.” Gen Z respondents were the largest group to be vaccinated but have family members that aren’t.

Delta variant vaccinated vs. unvaccinated: This new CDC chart shows how well COVID-19 vaccines work - Fast Company

‘My Parents Wouldn’t Get Vaxxed to Attend My Wedding’ - The Cut

You’re Not the Mean Lady at Work - The New York Times

"Monitoring Incidence of COVID-19 Cases, Hospitalizations, and Deaths, by Vaccination Status" - Centers for Disease Control and Prevention / Source: CDC

CONTENT FACTS

Turbine Labs has tracked 18,394 media articles and blogs and 51,908 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Monday, September 20, at 9:30AM ET.

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

Retail sales posted an unexpected gain in August despite fears stemming from escalating COVID-19 cases. Sales increased 0.7% for the month against a Dow Jones estimate of a decline of 0.8%. Applications for U.S. state unemployment benefits rose last week, led by a jump in Southern states following Hurricane Ida.

America’s Grand Reopening, Postponed - The New York Times

China’s Economy Weakens on Delta Outbreak and Wary Consumers - Bloomberg

@JamesVGrimaldi: Resilience is the word of the day with retail sales report: U.S. re­tail sales rose 0.7% last month, a sign the economic recovery has staying power despite the Delta variant.

State and local governments have shed more than 400,000 jobs since the beginning of 2020, and those jobs have been far slower to return than the private sector positions that rebounded. Despite more Americans’ incomes falling last year, fewer people were living in poverty. The economic toll was balanced by the trillions of dollars in federal aid offered to the millions of people who were laid off.

Long-Term Impacts of the COVID-19 K-Shaped Recovery - Investopedia

How the U.S. Nailed the Economic Response to Covid-19 - The Wall Street Journal

President Joe Biden called a meeting of top business leaders Wednesday to build for a sweeping vaccine mandate that will impact most of America’s workers. The message centered on vaccine efficacy and how the stalled uptake is holding back the economy. Biden invoked commentary by Wall Street firms, which have said vaccinations have a positive impact on jobs and the economy.

EEOC Files First Lawsuit Against Employer for Failing to Accommodate Work Request due to COVID-19 - JD Supra

@LaurenSHirsch: President Biden is meeting w/ top execs from Microsoft, Disney, Walgreens and others to discuss the federal effort to require employees of large companies to be vaccinated or regularly tested.

Alaska’s worsening COVID-19 situation prompted the state’s largest hospital to implement a “crisis standard of care” in an effort to ration resources. The state reported new virus infections that were 13% higher than last week. The delta variant is affecting other states’ care as well – Idaho and Nevada both announced they would limit care amid higher-than-average hospitalization rates.

Overfilled ICUs put non-COVID patients' health at risk: "These are people suffering unnecessarily" - CBS News

Analysis: Hospital strain to test UK's vaccine-based winter COVID plan - Reuters

@AnthonyAdragna: Truly grim and tragic situation in Alaska, where hospital rooms are overflowing with Covid-19 patients.

Gov. Gavin Newsom will remain in office after California’s historical recall election, and a closer look at county-level results revealed a strong relationship between the governor’s support of COVID-19 vaccination rates. The data found a clear divide by geography along the two measures – residents in smaller, more rural places were less likely to support Newsom and get vaccinated.

California Democrats voted along broader political lines to save Newsom, CNN exit poll shows - CNN

Gov. Gavin Newsom beat California recall election effort with COVID-19, vaccine policies - MSNBC

Newsom’s Anti-Trump Recall Strategy Offers Republicans a Warning for 2022 - The New York Times

@ronlin: California counties with higher COVID-19 vaccination rates were more likely to support Gov. Gavin Newsom "Counties with the lowest vaccination rates were most eager to oust Newsom...inoculation status has became a new indicator" for votes

"Covid-19 Pandemic Aid Kept Millions of Americans Out of Poverty in 2020" - The Wall Street Journal / Source: Census Bureau

CONTENT FACTS

Turbine Labs has tracked 21,823 media articles and blogs and 118,145 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Friday, September 17, at 9:30AM ET.

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

A new review found none of the data on coronavirus vaccines so far provides credible evidence in support of boosters for the general population. Experts have also said that whatever advantage boosters provide would not outweigh the benefit of using those doses to protect the billions of people who remain unvaccinated worldwide. The Biden administration’s push to roll out booster shots this month has largely been shaped by unpublished data from Israel’s vaccination campaign, which is set to be made public as soon as this week.

Three big questions you probably have about Covid booster shots — and answers from top experts - CNBC

Third shot: UK to offer COVID booster jabs to over 50s - ABC News

Here’s What the Next Six Months of the Pandemic Will Bring - Bloomberg

@jburnmurdoch: Now with two injections (sorry) of nuance: 1) I don’t think it’s helpful to think of vaccine supply as a zero-sum game. Vaccine manufacturers respond to demand, and it’s not as simple as booster doses being diverted from Africa

Federal and local vaccine mandates are facing increased pushback and new lawsuits from individuals, employees and city governments. A group of employees with the Los Angeles Police Department are suing the city, claiming the vaccine mandate is a violation of their constitutional rights. Dozens of Washington State Patrol troopers are also suing Washington Gov. Jay Inslee. The lawsuits come amid a spike in officers threatening mass resignations.

Judge suspends NY state vaccine mandate for health care workers who claim religious exemption - CNN

Arizona AG files first lawsuit against Biden vaccine rules - Associated Press

Tucson says vaccine mandate is working amid lawsuit with state - KOLD News 13

Wells Fargo pushed back the date when its employees in the U.S. will return to the office to the beginning of November, marking the third time the lender has delayed its schedule. The firm has the biggest workforce of any U.S. bank. Microsoft, which announced earlier this month it was again postponing bringing employees back to the office, summed up the best reason for the delay: uncertainty.

Forget the Return to the Office. It’s a Return to Chaos - TIME Magazine

1 in 500 US residents has died of Covid-19 - CNN

@erinmulvaney: Firms delay office returns, and some law firm leaders are afraid of ‘irreparable harm’ to office culture in the long-term. In the meantime, fear of Covid-19 surges have pushed back return-to-office plans for many.

While overall airline passenger numbers have surged recently, companies appear to be taking a more cautious approach. The delta variant is likely playing a role in limiting improvements – the Chief Executive Officer of Delta Air Lines said the variant caused a “bit of a pause” on segments of business. The expected decline in business travel is prompting airline companies to try to capture more leisure travelers.

All Those Business Travel Chickens That Airlines Were Counting? They Aren't Hatching, Undercutting Forecasts. - Forbes

Boeing's Allen: Return to Office will Spur Businesses Travel - Bloomberg

@jonathanjosephs: MY LATEST: ✈️US plane maker Boeing says it expects it will take another 2.5 years for global aviation to return to pre-pandemic levels. And that a coordinated global approach on travel restrictions is "tremendously important" for the recovery.

Previously retired workers are entering the workforce again to do gig work largely due to financial situations, but also because it offers something to do. Older Americans faced more financial challenges during COVID-19 than in other wealthy nations – 19% of U.S. adults 65 and over reported using their savings during the pandemic.

America's new retirement age is 62 — or younger. The 'Great Resignation' is giving boomers their golden years back. - Insider

Opinion: Think you’ll stop working in your 60s? Get real - MarketWatch

Here’s how much money you should have in your retirement accounts by age 30, 40, 50 and beyond - CNBC

The consumer price index increased 0.3% from July – the smallest advance in seven months and less than forecast. Compared with a year ago, the CPI rose 5.3%. Inflation expectations among U.S. consumers over the medium term rose to the highest level on record in the Federal Reserve Bank of New York’s surveys. Consumers expect inflation at 4% over the next three years and are anticipating higher rates of price increases for items like rent and food.

Stock futures jump after CPI inflation report comes in less than expected - CNBC

U.S. core consumer prices slow sharply in August - Reuters

@LizyoungStrat: CPI ex-food and energy m/m is back down to pre-crisis levels. Used cars (-1.5%), car and truck rental (-8.5%), and airfare (-9.1%) contributed to the slowdown. Some of this is a pause from Delta variant, but a cooling in multiple spots.

Florida Gov. Ron DeSantis on Monday threatened to fine cities and counties thousands of dollars if they impose vaccine requirements on their employees. The share of job postings requiring vaccination skyrocketed following the full approval of the Pfizer-BioNTech vaccine, and at the end of August, the share of job postings per million recommending, rather than requiring, vaccination jumped 40% month over month.

Work in the Covid-19 Era: What the Numbers Say About Vaccine Mandates, Quitting and More - The Wall Street Journal

Companies have questions for President Biden about vaccine mandates. - The New York Times

Survey: Employers rethinking return-to-work plans as COVID-19 surges - Fierce Healthcare

The pandemic accelerated the importance of strengthening supply chains, prompting many companies to invest in resilience, including diversification or the use of advanced technologies to anticipate and minimize risks. Disruptions are slated to increase in magnitude and frequency – one study found companies are expected to experience disruptions lasting at least a month long approximately every 3.7 years.

Solar prices jumped in the second quarter, reversing recent trends, on material costs and supply chain issues - CNBC

Three Ways IT Leaders Can Help Boost Supply Chain Efficiency - Forbes

@CourtReagan: Just a heads up...COVID is still stunting supply chain speed...might be good to consider shopping early for the holidays...

Hospitals in the southern U.S. are running low on space in intensive care units after the delta variant led to spikes in coronavirus cases. One in four hospitals now report more than 95% of I.C.U. beds occupied. In Alabama, all I.C.U. beds are currently occupied.

How Well Do Covid-19 Vaccines Protect Against Coronavirus Delta Variants? Here's A New CDC Study - Forbes

N.Y.C. Virus Cases Appear to Plateau. Could an Uptick Lie Ahead? - The New York Times

@nycjim: In Texas and Florida, whose governors have done everything possible to thwart simple, common-sense tactics to thwart #COVID, hospital ICU wards are at or near 100 percent of capacity.

Vogue’s Anna Wintour said the most difficult aspect of putting on this year’s Met Gala was the “COVID protocols.” The annual fundraising gala known for its exclusivity and themes required guests to be vaccinated or provide a negative coronavirus test and wear a mask indoors.

Nicki Minaj Met Gala vaccine tweets highlight struggle against covid-19 misinformation - The Washington Post

Jimmy Fallon feels Met Gala signifies new hope after COVID - USA Today

Here's why you'll be seeing more memes from this year's Met Gala - NBC News

"Job Postings Requiring Vaccination Climb" - Indeed Hiring Lab / Source: Indeed

CONTENT FACTS

Turbine Labs has tracked 22,403 media articles and blogs and 18,784 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Wednesday, September 15, at 9:30AM ET.

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

Some businesses are worried that vaccination-averse workers will quit or job seekers won’t apply for their openings in an already tight marketplace following President Joe Biden’s vaccine mandate. Some workers may switch to smaller companies where shots aren’t required. A new analysis from the Bureau of Labor Statistics reported the U.S. will add 11.9 million jobs through 2030, though the bulk of that will simply reflect a recovery from the damage caused by the COVID-19 crisis.

Labor unions, a key Democratic ally, lukewarm on Biden vaccine mandate - NBC News

AHA concerned federal vaccine mandate could exacerbate severe worker shortage - Fierce Healthcare

A hospital says it won’t deliver babies after staffers resigned over coronavirus vaccine mandate - The Washington Post

Many companies in the U.S. are seeing an increasing number of workplace conflicts related to inoculation status, according to a new study. Oft-changing COVID-19 safety policies have cultivated a significant spike in workplace hostility, which has been exacerbated as more people return to the office. Biden’s new vaccine measures Friday prompted some company owners to express concern about the costs of technology and labor required to verify that workers are vaccinated or that they have tested negative every week.

Surgeon general: New vaccine policies neither illegal nor unusual - Politico

More than half of Americans support vaccine mandates for workplaces, classrooms and sporting events - CNN

Biden’s COVID-19 vaccine mandate is further stressing the supply of rapid tests, prompting suppliers to increase production and pharmacies to limit purchases of at-home tests in an effort to meet demand. Americans criticized that the price of a test – which currently sits at $10 or $15 – is still too high for regular use. The Biden administration said consumers could soon get discounted tests at Amazon, Kroger and Walmart, but companies argue further federal support is needed.

Your vacation is around the corner. But first: time to scramble for a coronavirus test. - The Washington Post

From zippers to glass, shortages of basic goods hobble U.S. economy - Reuters

@hnorms: Germans pay less than $1 per test. Brits get them for free. Why do Americans still pay so much more for rapid covid tests?

While all federal employees will have to be vaccinated, a group of people who get paid out of the federal treasury will not be subject to a COVID-19 vaccine mandate – Congress. House Speaker Nancy Pelosi previously said there would not be a vaccine requirement for members of Congress and their staff, and the president does not control the legislative branch. Though the exact number is unclear, available data indicates about 81% of the members of Congress have reported getting the shot.

What Makes Vaccine Mandates Legal? - JSTOR Daily

Can Biden legally mandate Covid-19 vaccines for workers? - Vox

Biden’s New Vaccine Requirements Draw Praise, Condemnation and Caution - The New York Times

TikTok, Reddit and Facebook have recently dealt with waves of content about ivermectin, an anti-parasite drug that has been touted as a COVID-19 treatment despite a lack of evidence. Many social media influencers who focus on natural remedies and holistic health have also promoted vaccine hesitancy. Social media platforms can target large accounts known for spreading misinformation, but find it harder to police tens of thousands of smaller accounts.

COVID, vaccine misinformation spread by hundreds of websites, analysis finds - USA Today

What happens when your prescription drug becomes the center of covid misinformation - Technology Review

Internet Vigilantes Are Fighting Ivermectin Misinformation With Memes And Explicit Horse Cartoons - Forbes

@US_FDA: You are not a horse. You are not a cow. Seriously, y’all. Stop it.

"Fewer Pediatricians, More Cooks Seen in Dismal U.S. Jobs Outlook" - Bloomberg / Source: Bureau of Labor Statistics

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Turbine Labs...

President Joe Biden announced a federal vaccine mandate calling on all businesses with 100 or more employees to require vaccines or weekly testing for workers. Federal workers and contractors will also be required to be vaccinated or undergo weekly testing. Some academics praised the move as essential for creating safe work environments, however it remains unclear how weekly workplace testing will be financed particularly as the supply of coronavirus tests has fluctuated.

Should Your Company Implement a Vaccination Mandate? - Harvard Business Review

Vaccine mandates pick up steam, but few employers say they'll fire violators - Fortune

@SherylNYT: Biden's biggest move was ordering businesses with 100+ employees to mandate vaccines or weekly testing for their workers. All told his vaccine mandates cover 2/3 of the American workforce. w/ @katierogers

Microsoft indefinitely postponed its call for employees to return to U.S. offices, citing uncertainty around COVID-19 as the delta variant drives a spike in U.S. cases. The move falls in line with similar measures taken by companies in the U.S. such as American Express and Macquarie.

Remote work made life easier for employees with disabilities. Advocates say the option should stay - Boston Globe

Study of Microsoft employees shows how remote work puts productivity and innovation at risk - GeekWire

To spur innovation, should tech workers return to the office?​ - Christian Science Monitor

Some economic observers have argued consumers are likely to have higher spending capacity in 2022 than businesses will be able to deliver in terms of goods and services. The argument falls in line with economists’ predictions that supply chain shortages will continue for the next two years due to complications stemming from the coronavirus. Rutledge cited further port closures and labor shortages as catalysts for more supply chain troubles, but said growth will be net positive.

Supply Chain Lessons Learned From The Covid-19 Pandemic - Forbes

Supply Chain, Labor Shortages Hamper Hurricane Ida Recovery - Construction Equipment

Supply chain challenges continue to plague restaurants - Restaurant Business

United Airlines said it will place unvaccinated employees seeking medical or religious exemptions from the company’s vaccine mandate on temporary unpaid leave beginning October 2 while the company implements further safety measures. The airline went on to say that employees whose exemption requests are not approved and still refuse a vaccine will be terminated.

Airlines end a strong summer, but the Delta variant stifles momentum. - The New York Times

As Travel Falters, Airlines Are Still Mustering for the Post-Covid-19 Battle - The Wall Street Journal

@Yamiche: President Biden showing a spark of anger says unruly passengers who are fighting with airline crews or TSA should "show some respect."He also announced that he is ordering TSA to double the fines for people of violate mask mandates.

Comedian Patton Oswalt cancelled shows in Utah and Florida after some venues refused to comply with the performer’s request that attendees show proof of vaccination or negative COVID-19 tests. While Oswalt’s requests are in line with those that have been made by performers such as Jason Isbell and The Eagles, Live Nation’s president said demand for live shows has remained high despite vaccine policies.

Dr. Fauci: ‘I don’t think it’s smart’ to attend live sports right now. Here’s why - CNBC

Joe Biden Urges Entertainment Venues, Movie Theaters To Require Patrons Be Vaccinated Or Show Proof Of Negative Test - Deadline

@SeanPMeans: I went long on this @pattonoswalt cancellation announcement, because the way Utah law keeps @uutah venues from setting COVID-19 proof-of-vaccination requirements is interesting (and a little complicated).

"The US was a world leader in vaccination. What went wrong?" - Vox / SOURCE: Johns Hopkins University CSSE COVID-19 Data

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