Illegal Profits From False Claims About COVID-19 Vaccines

Illegal Profits From False Claims About COVID-19 Vaccines

Written by Taher Kameli & Chathan Vemuri Due to the need for a vaccine in light of the devastating COVID-19 pandemic, biotechnology companies developing vaccine candidates have become the source of immense profit to stock holders investing in these companies.[1] Investors are betting on companies with promising candidates for successful vaccines, hoping to make millions, if not billions, off of the sale of these drugs. Already insiders from 11 small companies dependent on drug success or failure have sold over $1 billion in shares since March, in response to announcements of positive test results from heads of pharmaceutical

Businesses Sue Insurers for Their Refusal to Pay Claims During COVID-19

Businesses Sue Insurers for Their Refusal to Pay Claims During COVID-19

Written by Taher Kameli & Julie Seong The long-term effects of the Coronavirus pandemic continue to reveal themselves in various ways. A United States Chamber of Commerce report shows that more than eight in ten small businesses have had to plan for changes made in response to the pandemic. The June report also shows that business owners’ negative sentiments toward the U.S. economy are slowly changing. However, the financial hit the majority of businesses took since March remains a reality. Although there have been multiple legislative proposals, bills, acts, and grants made available to both individuals and businesses in the United

The Economic Effects of COVID-19 on Businesses

The Economic Effects of COVID-19 on Businesses

Written by Taher Kameli According to a Centers for Disease Control and Prevention report, there are 5,176,018 reported cases of the coronavirus in the United States alone as of August 13, 2020. As a result, the lives of caretakers, family, and employers of the affected individuals have also been changed. The unemployment rate in the United States is estimated to be at 13 percent and counting, and Federal Pandemic Unemployment Compensation ended on July 25, 2020. This is the highest unemployment rate Americans face since the Great Depression. People and businesses have taken drastic measures to keep afloat. Several new laws and