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Tuesday, June 22, 2021

Morning Business Report

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Morning Business Report
Morning Business Report

Jane King covers the latest business news, including the upsurge in "vax-ication"s, and how there's a predicted jump in travel after vaccinations are more widespread.

After they get the covid-19 shot.

Jane king is in new york with those stories and more.

Good morning.

Travel-deprived americans are already mapping out their celebratory, post-jab "vaxications."

Bloomberg report travel agents have seen inquiries and bookings surge.

Travelers are looking for destinations with outdoor and "naturally social distanced activities.

Meanwhile, novavax says it can make 150 million covid doses a month when and if it gets approval from the fda.

******* target is launching a food and beverage brand focused on snacking and indulging.

Favorite day will feature more than 700 products, including premium ice creams and bakery items. it will hit store shelves and target's website in early april.

********* the nasdaq roared back tuesday, jumping 464 points.

Tesla soared 19 percent after a five-day losing streak and posted its biggest one-day pop since february 2020.

******* young investors plan to spend almost half of their stimulus checks on stocks.

A survey from deutsche bank found 18- to 24-year-old retail investors involved in the survey planned to use 40% of any stimulus checks on stocks.

35- to 54-year-old retail investors surveyed planned to use 37% of their checks on stock market investment.

********* unilever plans to stop using the word "normal" on packaging for its beauty products.

This after conducting a survey that showed describing hair or skin as "normal" makes consumer feel excluded.

Unilever also said it will stop digitally altering the skin color, body shape and size of models who appear in its


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