Coronavirus latest: New York seeks to revive pandemic-scarred child care sector

Every US state has given at least one dose of a Covid-19 vaccine to at least half its adult population, with Mississippi the last to reach the milestone, according to the Centers for Disease Control and Prevention. Mississippi has fully jabbed 34.5 per cent of its population, ahead of Alabama’s 34.3 per cent.

The European Medicines Agency has approved an increase in manufacturing capacity for Moderna’s Covid-19 vaccine. The move will help to enable the US pharmaceutical company to deliver 40m doses of the vaccine – now called Spikevax — for the European market in the third quarter of the year.

About three-quarters of Covid-19 cases associated with large gatherings in the Cape Cod area of Massachusetts had been fully vaccinated. During July, there were 469 cases of Covid-19 associated with multiple summer events and large public gatherings in a town in Barnstable county, according to the CDC.

Texas governor Greg Abbott has made it harder for local officials to set requirements such as mask-wearing. A new executive order also clarified Texas’s policy on vaccines, saying that no governmental entity can compel an individual to receive a vaccine administered under an emergency use authorisation.

An employee works at an Amazon distribution station in Staten Island, New York
An employee works at an Amazon distribution station in Staten Island, New York © Johannes Isele/AFP via Getty Images

Amazon’s revenue rose in the second quarter but fell short of Wall Street’s expectations, even though the ecommerce giant increased its profits by 50 per cent compared with the same period last year. Net income came in at $7.8bn, while revenues rose 27 per cent from last year to $113bn.

US social media group Pinterest posted a decline in monthly user numbers in the second quarter, blaming the easing of pandemic restrictions. Monthly active users stood at 454m, well below analyst expectations of 487m and marking a drop from 478m in the first quarter. Shares fell more than 15 per cent.

Newell Brands, the maker of Rubbermaid plastic containers and Sharpie markers, reported solid sales during the second quarter as the US appetite for consumer goods persisted. The company earned net sales of $2.7bn, up 28.3 per cent over the second quarter a year ago, the company reported.

Hilton chief executive Chris Nassetta expects the travel industry to remain strong despite the spread of the Covid-19 Delta variant. The hotels group’s revenues more than doubled to $1.3bn in the second quarter from a year ago and it expects a surge in leisure travel in August, Nassetta said.

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