Friday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.

Kids vaccine

Emergency authoritzation for COVID-19 vaccines for children under 12 could come in early to mid-winter, according to a Food and Drug Administration official.

The move could bring relief to many parents who have been unable to vaccinate their children. The agency hopes to then move quickly to full approval of the vaccine for that age group.

MBA

MBA programs this fall will mostly pass on hybrid learning.

Schools like Columbia, Standford and Boston University say Zoom calls can’t replace the in-person networking, trips and social engagements that justify the high cost of an MBA.

Business schools’ struggles with the hybrid model could serve as a warning sign to companies envisioning a blend of remote and in-office work for their employees.

Cruises

Canada will allow cruise ships to resume operations as of Nov. 1, if they comply fully with public health requirements.

Cruises were originally banned from Canadian waters until Feb. 2022.

The resumption of cruises will be dependent on public health conditions in areas where cruises will be docking.

Gamestop

Meme stocks are falling back down to Earth.

Consider Texas-based Gamestop, which burst onto the investment scene in January and landed its champion on Reddit Wall Street Bets a starring role in a congressional hearing and potentially a movie or two.

The videogame retailer was still trading north of $167 per share on Wednesday, which is half of its June peak.