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Those in charge of the race for a COVID-19 vaccine are trying to keep the process transparent.“Those checks aren’t just critical to the development of a safe and effective vaccine, although they are, they are also essential to maintaining and inspiring the public trust,” said Ana Mari Cauce, President of the University of Washington.Johns Hopkins and the University of Washington hosted a virtual symposium. Dr Anthony Fauci took part, as did the head of Operation Warp Speed, the public and private partnership overseeing COVID vaccine therapies.He's vowed to resign if political pressure impacts a vaccine being safe and effective.“We expect them to read that or have a first look at their efficacy outcome within the next several weeks,” said Dr. Moncef Slaoui, Chief Advisor for Operation Warp Speed. “Nobody can really say when, but the expectation would be that this would happen between the month of November and December.”There are detailed plans and protocols at some 25 manufacturing sites across the U.S.Independent experts with decades of experience in Ebola, Zika and HIV gave perspective on COVID-19 vaccine trials.“We use 30,000 and if you actually calculate how many is needed for efficacy, most companies would do it around 15,000, but we fortunately have the funding to be able to do larger trials,” said Dr. Larry Corey, a vaccine and infectious disease expert.The experts promised that phase-3 trial data would be publicly vetted during a broadcasted advisory committee meeting.You can see the full symposium on Johns Hopkins University's YouTube page right now. 1592
Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.Investors are increasingly worried that President Trump's crackdown on China will trigger a fierce response that darkens the otherwise bright economic outlook.The Dow dropped 425 points, or 1.8%, on Friday, sinking back into a "correction" — a decline of 10% from the all-time high in January. The Dow finished at its lowest point since November.All three major indexes took their biggest weekly tumbles since January 2016.The market failed to stage a rebound from Thursday's plunge, which erased 734 points from the Dow.China vowed on Thursday that it would fight a potential trade war "until the end.""We have this general freak-out. We don't know the next shoe to drop on trade," said Michael Block, chief strategist at Rhino Trading Partners.Investors were further rattled when China's ambassador to the United States signaled that China could ease purchases of US bonds in response to Trump's tariffs. "We are looking at all options," Ambassador Cui Tiankai told Bloomberg News.China is America's biggest creditor, with more than trillion of Treasury bonds."We've been told for our entire careers that trade wars made the Great Depression worse. And we believe it," said Bruce McCain, chief investment strategist at Key Private Bank.Related: Trade fears add to concern of a downturnAsian markets were rocked overnight after China vowed not to back down in a potential trade war with the United States. Japan's Nikkei 225 plummeted 4.5%, and the Hang Seng in Hong Kong lost 2.5%.On Thursday, the market sold off after Trump announced plans to impose tariffs on about billion of Chinese imports to retaliate for theft of intellectual property.China said hours later that it "is not afraid of and will not recoil from a trade war." Officials in China detailed a plan to retaliate to Trump's aluminum and steel tariffs by imposing their own tariffs on about billion worth of imports of US goods.Trump, who often uses the stock market as a barometer for his success, shrugged off the market turmoil."I think the stock market is going to be great," he said Friday at the White House after a reporter asked about the sell-off. "The stock market is way up. When I came into office, the stock market was from a different planet."Despite the recent struggles, the Dow remains up about 30% since Trump's election.Related: China: We would fight a trade war 'to the end'The worry is that a tit-for-tat escalation between the two largest economies in the world will ruin the solid economic backdrop. Investors had been banking on strong growth this year, but a slowdown in trade and dented business and consumer confidence could change that outlook drastically.Barclays warned in a report that a trade war would drown out the benefits of Trump's tax cuts, which helped power Wall Street's euphoric rally."The administration is moving forcefully into the anti-trade portion of its policy agenda," Barclays economist Michael Gapen wrote in a report on Friday.But it's too early to assess the impact. Bullish investors hope that the administration will soften its tough stance with China, similar to how tariffs on steel and aluminum imports were later scaled back significantly."The threat of a misstep remains high," Raymond James Washington policy analyst Ed Mills wrote in a report, but there is an expectation that "these actions will be watered down or mitigated" in the coming weeks.Key Bank's McCain thinks it's more likely the market is going through a correction than entering a bear market. He pointed to robust corporate profits and the strong economy, which enjoyed robust job growth in February."If anything, a few weeks ago we worried about the economy overheating and inflation picking up," McCain said.The-CNN-Wire 3867

Three restaurants associated with celebrity chef Mario Batali will be closing in Las Vegas.Batali has been accused of sexual misconduct. He has denied any wrongdoing. RELATED: TV chef Mario Batali under police investigation for sexual misconductEmployees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria received notification Friday morning. All three restaurants are located at The Venetian/The Palazzo. The restaurants will close July 27. A letter written by Joe Bastianich with B&B Hospitality Group says that Las Vegas Sands Corp. decided to end the relationship. The letter also says that the group will help employees transition into new positions. An earlier report said that B&B was "actively negotiating" to buy out the celebrity chef.Batali stepped down from daily operations of his restaurant empire and his cooking show after the allegations surfaced in December. Four women accused him of touching them inappropriately. 1022
This cannot be a partisan moment.It must be an American moment.We have to come together as a nation.— Joe Biden (@JoeBiden) October 2, 2020 147
Three people are currently battling for custody of the remains of infamous cult leader Charles Manson, who died in Bakersfield, California late last year.Jason Freeman, who claims to be Manson's grandson; Michael Brunner, who claims to be Manson's son and oldest living relative;, and Michael Channels, who was Manson's penpal for 30 years have all made claims to Masons's remains.Manson was hospitalized at Mercy Hospital Downtown last November before he eventually died. His body has been in the possession of Kern County since. In January, it was decided the fate of his remains would be decided through Kern County Superior Court. At the last hearing on Jan. 31, both Manson's son's and grandson's attorneys hinted at possibly joining forces. There have been multiple court hearings over who can lay claim to Manson's body and another to determine who will end up with his estate. The estate battle is going on in Los Angeles. 963
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