Live Oak Acquisition Continues Uptick

Live Oak Acquisition Corp. II (LOKB) shares are rising on Tuesday morning trade continuing an uptrend since October 8. There were no corporate announcements on the day to impact the stock movement.

Currently, shares are at $12.52, up 14.86 percent from the previous close of $10.90 on a volume of 1,408,453. The shares have traded in a range of $9.66-$13.24 on average volume of 363,229 for the 52-week period.

Valvoline Rises 7% On Decision To Separate Two Business Segments

Shares of automotive oil manufacturer and supplier Valvoline Inc. (VVV) are climbing 7 percent on Tuesday’s trading after the company decided to separate its two business segments, Retail Services and Global Products.

The company said that the decision would better position the Retail Services and Global Products businesses for continued long-term success.

Valvoline is expected to report full year 2021 results on November 3. The company now expects sales of $3 billion for fiscal 2021, up 27 percent from last year.

Currently at $34.04, the stock has traded between $18.34 and 34.65 during the past 52 weeks.

The Carlyle Hotel’s Refurbished Restaurant, Dowling’s, Opens

A return for Barbuto, South Indian specialties in the West Village, and more restaurant news.

By Florence Fabricant

Review: ‘Dopesick’ Depicts the Opioid Crisis From All Sides

A Hulu mini-series traces the story of OxyContin from the offices of Purdue Pharma to the examining room of an Appalachian doctor (played by Michael Keaton).

By Mike Hale

The Carlyle Hotel’s Refurbished Restaurant, Dowling’s, Opens

A return for Barbuto, South Indian specialties in the West Village, and more restaurant news.

By Florence Fabricant

FDA Staff Don’t Take Position on Moderna COVID-19 Booster

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Food and Drug Administration staffers in an unusual move didn’t take a stance on Moderna Inc.’s application for a booster dose, indicating there may not be sufficient data to support the extra dose.

FULLY VACCINATED AND HAD COVID-19? NO RUSH FOR A BOOSTER SHOT, EXPERTS SAY

FDA staff, after reviewing a drugmaker’s application, often weigh in whether it should be given a go-ahead. Yet they didn’t take a position on Pfizer Inc.’s booster request, later granted. In documents made public Tuesday, FDA staff simply restated Moderna’s request and analyzed Moderna’s study data.

The staff said the third dose increased the antibody response sufficiently, one endpoint of the study. The extra dose, however, narrowly missed meeting the other study endpoint, of increasing antibody levels by a large magnitude and in a high enough percentage of study subjects.

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The staffers’ review now goes to a committee of outside experts, who are scheduled to meet on Thursday and discuss whether the agency should authorize a Moderna booster shot.

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Despite the lack of a staff endorsement of a Pfizer booster, the agency later authorized an extra dose for seniors and some high-risk adults.

Eastbound lanes of I-70 shut down in Silverthorne by traffic crash.

The eastbound lanes of Interstate 70 are closed at Silverthorne because of a crash just east of the Eisenhower Tunnel.

The closure is at exit 205, Colorado 9, in Silverthorne. U.S. 6 over Loveland Pass in an alternate route. The crash is east of the tunnel, according to the Colorado Department of Transportation.

Ruben Santiago-Hudson’s ‘Lackawanna Blues’ Extends Broadway Run

Ruben Santiago-Hudson’s critically acclaimed Lackawanna Blues is extending its limited Broadway engagement by a week, making up for recent performances canceled due to the star’s back injury.

The solo show, which began previews Sept. 14 with a planned opening of Sept. 28 bumped to Oct. 7, will continue playing through Sunday, Nov. 7 at Manhattan Theatre Club’s Samuel J. Friedman Theatre, a week longer than originally scheduled Oct. 31 closing.

Earlier this month, Santiago-Hudson canceled some performances of the show due to a recurring back injury. He resumed performances Oct. 12.

The play stars Santiago-Hudson as the many characters who lived in and around the boarding houses owned by the kind-hearted woman who raised him.

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Meet the new iPhone 13

(CNN Business)Apple is gearing up for its second big product launch event of the fall.

Apple (AAPL) will host a virtual event on October 18, the company announced Tuesday. According to the Apple rumor mill, the company is likely to use the event to release an updated version of its high-end MacBook Pro laptop.
The event features the tagline “Unleashed,” according to a tweet from Apple’s SVP of marketing, Greg Joswiak. “These next six days are going to speed by,” Joswiak tweeted.

The event comes barely a month after Apple unveiled a slew of new products, including four new iPhones, a new Apple Watch and new iPads.

Apple has switched to its powerful in-house M1 silicon chips for its computer lineup, and the event name and artwork — which features a hyperspace version of Apple’s logo — could be a nod to further speed and performance upgrades.