Hans Pennink / AP
New York state officials have been flooded with calls from New Yorkers hoping to pre-pay 2018 taxes under the current tax code, according to the New York Times. They are especially concerned with the elimination of state and local tax deductions, as New York has high state and local taxes.
Background: Following the passage of the GOP tax cuts bill, New York Gov. Andrew Cuomo signed an executive order allowing residents to pre-pay their taxes.
A LATAM air attendant aboard one of the company's planes in March. Photo: Kike Calvo/Universal Images Group via Getty Images
LATAM Airlines Group SA said in a statement early Tuesday the firm and its affiliates in in the United States, Chile, Peru, Colombia and Ecuador have filed for Chapter 11 bankruptcy protection in the U.S.
Why it matters: Latam is Latin America's largest airline and its shareholders include Delta Air Lines. CEO Roberto Alvo noted in the statement the coronavirus pandemic has had a huge impact on the airline industry.
Novavax's Nita Patel with a computer model showing the protein structure of a potential coronavirus vaccine at the lab in Gaithersburg, Maryland in March. Photo: Andrew Caballero-Reynolds/AFP via Getty Images
Novavax began clinical trials of a vaccine for the novel coronavirus in Australia on Tuesday, per a statement from the Maryland-based biotechnology firm.
The state of play: 131 volunteers in the Australian cities of Melbourne and Brisbane will undergo injections as part of the study, the company’s research chief Gregory Glenn said during a briefing, per Australian Associated Press.
Illustration: Aïda Amer/Axios
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