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Added on the 10/10/2019 18:38:56 - Copyright : AFP EN
California biotech company Vaxart is under federal investigation and is being sued by a number of investors. According to CNN, Vaxart was served with a grand jury subpoena in July from the US District Court for the Northern District of California. It's under fire for exaggerating its involvement in the US government's Operation Warp Speed program for developing COVID-19 vaccines and treatments. Vaxart issued a June press release saying 'Vaxart's Covid-19 Vaccine Selected for the US Government's Operation Warp Speed.' The news pumped Vaxart's stock price from $3 to $17. Hedge fund Armistice Capital, which partly controlled Vaxart, sold its shares, profiting more than $200m. A few weeks before it announced its supposed inclusion in the Operation Warp Speed program, Vaxart granted amendments to its warrants agreements. That allowed Armistice to sell almost all of their stock, which they did once the stock price skyrocketed. In July, the HHS said it had neither entered into a funding agreement nor negotiations with Vaxart.
Fifteen separate wildfires have been raging in Northern California, killing at least 23 people, burning 3,500 different properties to the ground, and scorching over 122,000 acres of land. The heart of California's wine country has suffered extensive damages, with many vineyards losing whole fields of grapes and entire cellars full of bottled wine. The Signorello Vineyards Estate, located on the Silverado Trail in Napa Valley, is one of the many wineries that have been ravaged by wildfires affecting California.
Fifteen separate wildfires raging in Northern California have already killed at least 17 people and destroyed over 122,000 acres of land. Tens of thousands have already been evacuated while over 20,000 are on evacuation notice, warned by authorities to pack a ready-to-go bag containing only the utmost essentials, including documents and medicines, in order to be able to leave at a moment's notice. It has already been called one of the deadliest wildfires in the history of the sunshine state.
Ten people have died and tens of thousands evacuated after wildfires raged through northern California on Monday night, prompting a state of emergency. The inferno, which has been exacerbated by hot weather and high winds, has destroyed at least 1,500 properties across 90,000 acres in the wine-making region. Hundreds have been admitted to local hospitals for burn wounds while emergency services hotlines are flooded with distress calls about injuries and missing persons.
Images of strong winds on a beach in Cabo San Lucas as Hurricane Hilary strengthens into a major storm in the Pacific on its way to in Mexico's Baja California peninsula. IMAGES
Havana is plunged into darkness by a countrywide blackout due to damage to its power network inflicted by Hurricane Ian, according to the state electricity company Union Electrica. IMAGES
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