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Troubled Waters

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When Chinese President Xi Jinping visited Manila, Philippines during a 2018 state visit, he assured all that the two nations had entered a new era of diplomacy that promised to turn the long-disputed areas of the South China Sea into a “sea of peace.” Xi had previously issued an official communique that told the tale of how famed Chinese mariner Zheng He, with the massive Treasure Fleet of the...

A Tale of Two Medicaid Expansions: Oklahoma Jumps In, While Missouri Lags

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Temp worker James Dickerson applied for Medicaid because it will be cheaper than his current health plan. Home health aide Sharon Coleman looks forward to having coverage that will cover a hospital stay. Incoming medical student Danielle Gaddis no longer worries a trip to the doctor will leave her in debt. All three are among the roughly 490,000 people newly eligible for Medicaid after Oklahoma...

Biden says he doesn’t want lockdowns and won’t expand vaccine mandates to fight Covid this winter

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President Joe Biden on Thursday said his plan to fight Covid during the winter months will not include new lockdowns or an expansion of the administration’s current vaccination requirements. “It doesn’t include shutdowns or lockdowns, but widespread vaccinations and boosters and testing a lot more,” Biden told reporters during an update. “And while my existing federal vaccination requirements are...

A Title Fight Pits Physician Assistants Against Doctors

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After 23 years as a physician assistant, Leslie Clayton remains rankled by one facet of her vocation: its title. Specifically, the word “assistant.” Patients have asked if she’s heading to medical school or in the middle of it. The term confounded even her family, she said: It took years for her parents to understand she did more than take blood pressure and perform similar basic tasks. “There is...

Tesla says it needs graphite from China for batteries, requests tariff waiver

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Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Tesla is among the hundreds of auto industry players asking the U.S. Trade Representative for extended tariff waivers on parts and materials imported from China used to make or repair cars. Supply chain issues are contributing to soaring prices for new and...

Chinese electric car start-up Hycan claims funding of more than $300 million is on the way

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Hycan CEO Yang Ying speaks with CNBC’s Evelyn Cheng during the 2021 East Tech West conference in the Nansha district of Guangzhou, China. GUANGZHOU, China — Chinese electric car start-up Hycan hasn’t delivered many vehicles yet, but it claims it’s on the verge of a large fundraise as investors pour more money into a hot sector. The news of more capital looking at other players in China’s electric...

New York officials confirm 5 cases of omicron Covid variant in NYC metro area

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A sign outside of a hospital advertises COVID-19 testing on November 19, 2021 in New York City. Spencer Platt | Getty Images New York officials have confirmed five cases of the omicron Covid-19 variant in the New York City metropolitan area, Gov. Kathy Hochul announced late Thursday, hours after cases were detected in Minnesota and Colorado. One case was discovered in Suffolk County on Long...

Aviation expert says ‘knee-jerk’ omicron border restrictions show countries haven’t learned much

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A decision by several countries to impose border restrictions out of concerns around the omicron Covid variant was called “knee-jerk” this week by a group that serves the aviation industry. Nearly two years into the pandemic, “we don’t really seem to have learned very much,” said Peter Harbison, chairman emeritus of CAPA – Centre for Aviation, which provides market intelligence for the aviation...

Six different Covid vaccines are safe and effective when used as boosters, UK study finds

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Emergency Medical Technician Ethan Hall gives Mark Turney, 66, a kidney transplant patient, his Pfizer-BioNTech Covid-19 booster shot at Hartford Hospital in Hartford, Connecticut on August 24, 2021. Joseph Prezioso | AFP | Getty Images Six different Covid-19 vaccines are safe and effective when used as booster doses, a U.K. study has found. The peer-reviewed phase 2 trial, published Thursday in...

CEO of firm behind Kay Jewelers and Zales says anticipating early holiday shoppers paid off

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Signet Jewelers — which owns Kay Jewelers, Zales, Jared and other brands — anticipated that holiday customers would shop early this year and it paid off, CEO Gina Drosos told CNBC on Thursday. “We predicted months ago that customers would be in the market earlier, and we turned up the dial in our marketing support. We got the right product to the right stores,” Drosos said on “Mad Money.” It was...