Wall Street slides after Biden undermines Covid jab patents

Wall Street gave away its early gains on Wednesday after the White House triggered a late sell-off in some of the largest pharmaceutical companies by announcing it would support a suspension of intellectual property rights for Covid-19 vaccines.

The S&P 500 closed just 0.1 per cent higher for the day, having traded up by as much as 0.6 per cent earlier in the session. The Nasdaq Composite gave up its gains after it had battled back from a near 2 per cent loss on Tuesday, finishing the day down 0.4 per cent.

The sell-off was led by some of the

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COVID tax extensions put St. Clair County schools on watch

Three of the six Illinois school districts to receive the lowest designation for their state financial profiles this year are in St. Clair County.

Delays in receiving property tax payments due to the COVID-19 pandemic account for the low rating, the superintendents say.

Lebanon School District 9, O’Fallon Consolidated School District 90 and Whiteside School District 115 were designated as “financial watch” in 2021. Financial watch is the lowest of four designations for the school district financial profile.

Last summer, St. Clair County pushed back its timeline to collect property taxes by one month to provide financial relief for those

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