Feb 9, 2017

Donald Trump to meet with Airline executives Thursday

Lynne Sladky/AP

CEOs of America's largest airlines, along with representatives from FedEx, UPS, and the country's major airports, will meet with the President at the White House Thursday, Reuters reports.

These stakeholders would benefit most from big infrastructure spending on airports, as Donald Trump promised to do during the campaign. They have also borne the brunt of Trump's travel ban against seven Muslim-majority countries, with airline stocks falling more than 4% since the announcement of the ban.

Why it matters: The industry, especially representatives from logistics firms like FedEx, will push back against Trump's nationalist proposals like withdrawing from NAFTA and clamping down on travel and immigration. American Airlines' CEO called the travel ban "divisive," and will not be attending the meeting due to scheduling concerns.

So far, industry has made a big show of getting along with the President, out of support for the business-friendly aspects of his platform, and out of fear of feeling the powerful man's wrath. Watch to see if this trend continues Thursday, or if some business leaders use the opportunity to criticize the new Administration.

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Experimental coronavirus vaccine to be tested on humans

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. Photo: Win McNamee/Getty Images

The vaccine that the National Institute of Allergy and Infectious Diseases (NIAID) and drugmaker Moderna have been developing to combat the coronavirus is ready to be tested on humans, NIAID director Anthony Fauci told the Wall Street Journal.

The state of play: The rapidly developed vaccine will be tested on 20–25 healthy volunteers in April to determine whether two doses will be safe and generate an immune response to protect against infection. Results will be available in July or August, Fauci told WSJ.

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#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.