Johnson & Johnson has received a public-private grant to speed up the process of getting an Ebola vaccine to market. The grant money will be used for clinical trials and producing supplies of J&J’s vaccine.
Ford Motor Co. announced it will increase production at 2 of its German manufacturing plants, due to a rise in demand. The factories will increase production by between 240 and 300 vehicles a day.
Industrial production in the US fell in December by 0.1%, the Federal Reserve reported today. The drop comes after November saw a 1.3% increase.
The US Bureau of Labor Statistics also reported today the Consumer Price Index fell 0.4% last month. In 2014 overall, consumer prices rose at the “slowest pace during a time of economic growth in modern United States history,” The New York Times said.