Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond

Joseph B. Hash

Countries around the world reported their first cases of the Omicron variant over the weekend and some imposed new travel restrictions, racing to protect themselves against the potentially more contagious strain even as scientists cautioned they don’t yet know how severe it will prove to be.

Canada, Australia, the Netherlands and Austria on Sunday joined a group of countries that have detected a strain first documented in South Africa that authorities said could pose a greater risk of people falling ill with Covid-19 a second time and could be more transmissible than other variants.

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CFOs Battle Margin Pressures and Production Delays

Robert Hartwig, University of South Carolina Profits are slimmer for businesses beset by a combination of stalled supply chains and higher commodity prices. Delays in production schedules caused by idled container ships off ports in California, combined with rising commodities prices, are dampening earnings in the retail, construction, and manufacturing […]

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