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Moderna‘s two-dose Covid vaccine was about 44%According to Wednesday’s data, the drug was effective in preventing the infection of the omicron variant from children aged 6 to 2 years. It is also effective in protecting children aged 2 to 5. No one suffered from severe illness, and most breakthrough cases were minor. Moderna intends to request the Food and Drug Administration to issue an emergency use authorization for vaccines for children below 6 years of age as quickly as possible.

One of two black boxes found in Monday’s crash plane with China Eastern Airlines. has been foundAccording to Chinese state media, Wednesday’s announcement was made. Officials stated that the black box had been “heavily damaged”, and it wasn’t clear if it records cockpit communications or flight data. It is available at A BoeingA 737-800 aircraft carrying 132 passengers nosedived Monday in the rural Guangxi region. China hasn’t confirmed any deaths, but authorizes stated Tuesday night that they have not found survivors.

Pete Buttigieg, Secretary of the Department of Transportation said Wednesday that his administration is ready to distribute. $2.9 billion in grantsFor state and local infrastructure projects such as freight and port expansions or repairs, and highway, bridge and freight transport. Four months ago, Biden signed the bipartisan infrastructure bill worth $1 trillion.

American semiconductor titans’ CEOs IntelAnd MicronOn Wednesday, they will testify in front of the Senate Commerce Committee to support $52 billion worth U.S. subsidy for chip manufacturing. An industrywide shortage has caused production disruptions in both the electronics and automotive sectors.

GameStopThe stock soared almost 31% Tuesday and then jumped 12.5% Wednesday in premarket trades after Ryan Cohen, the chairman of videogame retailer, was announced. bought another 100,000 shares. His ownership now stands at 11.9%. The activist investor who co-founded Chewy online pet shop, is seeking to transform GameStop into an e-commerce company. Cohen disclosed a large stake in GameStop two weeks ago. Bed Bath & BeyondThey pushed for a turnaround at the company. Both Bed Bath & BeyondAnd GameStop have seen sharp gains and losses in the meme stock craze over the past 15 months or so.

— CNBC reporters Yun Li, Thomas Franck, Spencer Kimball and Evelyn ChengAs well as The Associated Press (Reuters) contributed to this article.

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