U.S. health officials plan to recommend that people get COVID-19 boosters once a year in a cadence similar to annual flu shots. The announcement marks a shift from their current practice of issuing new advice every several months. The Department of Health and Human Services hosted a stakeholder meeting last week on the commercialization process for vaccines as the U.S. government transitions away from the current federally-managed COVID-19 system. Coronavirus scenarios from multiple research teams foresee stable or declining hospitalizations in early fall with the possibility of a late-fall surge.
Russia said it would halt all natural gas flows to Europe in a move that bodes poorly for economic growth as a range of European industries are being forced to slash production. The euro plunged to a 20-year low against the dollar and the British pound dropped to its lowest against the greenback since 1985. The European Union’s next steps for addressing the crisis are expected to be unveiled next week. European governments are calling for major energy-saving efforts – France will turn off street lamps and Normandy will heat some schools by wood stove in the winter. Google is expanding its Maps’ eco-friendly routing mode in dozens of European countries. Germany, employing various measures to combat the energy crisis, drew the line at limiting speeds on its fabled autobahns.
Target’s CEO Brian Cornell agreed to remain in his role for three more years after the board eliminated the company’s retirement age of 65. Target has grappled with huge shifts in shopping habits, cutting its forecast twice and seeing a large drop in quarterly profit. The average reported retirement age has increased from age 57 – where it was in 1991 – to age 61 in 2022. Later retirement ages come at a time when U.S. workers are not eligible for full Social Security retirement benefits until past age 65. The average age of CEOs is nearly 60 years old in the SandP 500.
New research found at least half of Americans now say they’re “quiet quitting” – performing only the tasks they’re required to and giving up on going “above and and beyond.” The portion of actively disengaged workers is now at 18%, the highest it’s been in nearly a decade. Among workers younger than 35, the percentage of actively disengaged employees rose by six percentage points, though women and other under-represented groups remain wary, saying they feel like they will suffer disproportionate setbacks. One effective intervention to boost engagement is for managers to have at least one in-depth conversation per week with each team member that lasts up to 30 minutes.
A game designer has sparked controversy after his artificial intelligence-generated art piece won the top spot at Colorado’s State Fair’s annual art competition. The winning artwork technically did not break any rules, but critics say it marks a threat to human artists everywhere. AI-generated art has been around for years, but new technology allows rank amateurs to create complex and photorealistic works by simply typing a few words into a box. Newsrooms debating the use of AI-generated illustrations remain hesitant, noting that these tools can be prone to encoded biases.
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