A single shot of the vaccine produced by Pfizer led to a 57% reduction in cases of Covid-19 in people of age 80 and over, rising to 88% after a second dose, according to preliminary data from the U.K.’s inoculation program.
Sens. Collins and Romney said they wouldn’t support Neera Tanden’s nomination to lead the Office of Management and Budget, further narrowing her chances of winning Senate confirmation.
The ruling ends the former president’s efforts to keep Manhattan prosecutors from seeing financial records they have sought as part of a probe into potential insurance and bank fraud.
The deep freeze that plunged millions of Texans into darkness last week produced a windfall of up to $215 million for Macquarie, an Australian investment bank that is active in U.S. power and gas markets.32
Snarled supply chains and a labor shortage thwart a full reopening of U.S. manufacturing, in a phenomenon known as the ‘bullwhip effect.’
Airlines were told to stop flying Boeing's wide-body 777 equipped with a type of engine that broke apart during a recent flight, as the FAA said it would order inspections of those jets. United is the only airline in the U.S. that uses that engine type.158
The Russell 2000 index of small companies is outpacing the S&P 500 by the widest margin in two decades, as investors bet heavy stimulus and coronavirus-vaccine deployment will boost the economy.35
Business & Finance
Faced with continuing furloughs and economic lockdowns, workers at hotels, bars and restaurants look to reinvent themselves.34
The group controls a combined 9.5% stake in the department-store chain and earlier this year nominated nine people to its now-12-person board.
The rapper and the French conglomerate are joining forces in the Champagne business, further cementing the alliance between the world of hip-hop and luxury as the Covid-19 pandemic saps sales of the festive wine world-wide.
The cash-and-stock deal would create a company with more than 50 factories.
The federal government’s signature coronavirus-relief program for small businesses will accept applications exclusively from companies with fewer than 20 employees for 14 days starting Wednesday, according to Biden administration officials.51
World
Hundreds of thousands of people took to the streets across Myanmar in response to calls by activists for a general strike, mounting what appeared to be one of the largest demonstrations against the military coup.8
South Africa police have launched a murder inquiry into the killing of an exiled leading Rwandan opposition politician in Cape Town, with the victim’s party blaming the crime on Rwanda’s government.
Chinese lawmakers are expected to vote on a proposal to transfer seats from elected councilors to pro-Beijing figures, according to people familiar with the proposal.
U.S.
Following news that the U.S. is willing to resume nuclear talks with Iran in coming weeks, WSJ’s Gerald F. Seib explains one tactic that could jump start diplomacy between the two countries.
Bob Dole, in an interview as he prepares to begin lung-cancer treatment, describes his hourlong meeting with President Biden, why the Senate and Washington worked better when they served together and what it would take to find that magic again.16
The U.S. Treasury may be able to facilitate climate stress tests on U.S. banks and insurers, Treasury Secretary Janet Yellen said Monday, though the tests likely wouldn’t impose capital requirements.
Law-enforcement agencies may not be on firm legal footing when they purchase and use highly revealing cellphone GPS data drawn from mobile apps without obtaining a warrant first, a new Treasury Department watchdog report warns.9
The administration is seeking to avoid a new crisis as child shelters near capacity.29
Life & Arts
It’s interesting, outside, and a real winter adventure, especially for city slickers like our columnist and his fishing-obsessed son.77
The attorney, who on Friday filed papers for Kim Kardashian West’s divorce from Kanye West, says, “Have the kind of unromantic talk that you would have if you were going to enter into a prenuptial agreement even if you’re not.”
Fubu’s logo-heavy clothes—as seen on artists like LL Cool J and Nas—were once inescapable, driving a $350 million-a-year business. Nearly 30 years later, the brand is relaunching through licensing deals and collaborations aimed at a younger generation.
Having a sense of humor can defuse tension and build camaraderie among co-workers. But when jokes go too far, they can alienate, anger and offend your colleagues.88