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The U.S. will pay more than billion for 100 million doses of a potential Covid-19 vaccine manufactured by Johnson & Johnson.The deal is one of several large agreements between the government and pharmaceutical companies as part of Operation Warp Speed, aimed at creating, testing, manufacturing and distributing a Covid-19 vaccine quickly.The Trump administration’s deal with Johnson & Johnson, announced Wednesday, allows for the purchase of an additional 200 million doses.Johnson & Johnson’s vaccine, developed by subsidiary Janssen Pharmaceutical Companies, has shown positive preclinical results. Testing of their vaccine is currently underway with human trials in the United States and Belgium.The Johnson & Johnson vaccine testing is reportedly behind some of the more advanced-stage potential vaccines, like those from Moderna, Pfizer and AstraZeneca, which have begun phase three human trials.“We greatly appreciate the U.S. government’s confidence in, and support for, our R&D platform and efforts and the scalability of our vaccine technology. We are scaling up production in the U.S. and worldwide to deliver a SARS-CoV-2 vaccine for emergency use,” said Paul Stoffels, M.D., Vice Chairman of the Executive Committee and Chief Scientific Officer, Johnson & Johnson in a statement.The company says they are committed to global access to the vaccine following approvals, and has a goal of supplying 1 billion doses globally through the end of 2021. 1493
The smoke from dozens of wildfires in the western United States is stretching clear across the country — and even pushing into Mexico, Canada and Europe. While the dangerous plumes are forcing people inside along the West Coast, residents thousands of miles away in the East are seeing unusually hazy skies and remarkable sunsets.The wildfires racing across tinder-dry landscape in California, Idaho, Oregon and Washington are extraordinary, but the long reach of their smoke isn’t unprecedented. While there are only small pockets in the southeastern U.S. that are haze free, experts say the smoke poses less of a health concern for those who are farther away.The sun was transformed into a perfect orange orb as it set over New York City on Tuesday. Photographs of it sinking behind the skyline and glinting through tree leaves flooded social media. On Wednesday, New Jersey residents described a yellow tinge to the overcast skies, and weather forecasters were kept busy explaining the phenomenon and making predictions as to how long the conditions would last.On the opposite coast, air quality conditions were among some of the worst ever recorded. Smoke cloaked the Golden Gate Bridge and left Portland and Seattle in an ashy fog, as crews have exhausted themselves trying to keep the flames from consuming more homes and even wider swaths of forest.Satellite images showed that smoke from the wildfires has traveled almost 5,000 miles (8,000 kilometers) to Britain and other parts of northern Europe, scientists said Wednesday.The current weather system, which favors a westerly wind across the higher levels of the atmosphere, is to blame for the reach of the smoke, experts explained.“We always seem, at times, to get the right combination of enough smoke and the upper level jet stream to line up to bring that across the country, so we’re just seeing this again,” said Matt Solum with the National Weather Service’s regional operations center in Salt Lake City, Utah. “It’s definitely not the first time this has happened.”There could be some easing of the haze this weekend as a storm system is expected to move into the Pacific Northwest and could affect the conditions that helped the smoke travel across the country. But Solum said there’s always a chance for more smoke and haze to shift around.“Just due to all the wildfires that are going on, this is likely going to continue for a while,” he said. “You might have ebbs and flows of that smoke just depending on how the upper level winds set up.”Kim Knowlton, a senior scientist with the Natural Resources Defense Council in New York City, said she woke up Wednesday to a red sunrise and more haze.She said millions of people who live beyond the flames can end up dealing with diminished air quality as it’s not uncommon for wildfire smoke to travel hundreds of miles.Although the health impacts are reduced the farther and higher into the atmosphere the smoke travels, Knowlton and her colleagues said the resulting haze can exacerbate existing problems like asthma and add to ozone pollution. 3070

The White House defended President Donald Trump's Sunday tweet that included a video of his supporters yelling the phrase "white power" at protesters at a Florida retirement community.On Sunday morning, President Donald Trump retweeted a video that was reportedly taken at The Villages, a large retirement community in central Florida. At one point in the video, a man in a golf cart adorned with Trump flags yells "white power" at anti-Trump demonstrators.The protesters can also be heard in the video shouting profanities at Trump supporters and also calling Trump a "Nazi" and "racist."Trump included a message in his retweet of the video, writing, "Thank you to the great people of The Villages." The tweet was live for more than three hours before it was deleted from his feed.Though the tweet was deleted, it sparked condemnations from some members of his own party. Sen. Tim Scott, R-South Carolina, called Trump's endorsement of the video "indefensible."In a statement on Sunday evening, White House spokesperson, Judd Deere defended the president's actions, saying that he "didn't hear" the racist language used in the video."President Trump is a big fan of The Villages. He did not hear the one statement made on the video. What he did see was tremendous enthusiasm from his many supporters," Deere said, according to CNN and The Associated Press. 1365
The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435
The Supreme Court is allowing Florida to enforce a law that bars ex-felons from voting who still owe court fees or fines.Thursday’s decision by the Supreme Court denied the request in front of them to lift the order of lower court rulings. Their decision allows the Florida law to move forward without declaring the law to be unconstitutional or limit ongoing court challenges.Liberal Justices Sonia Sotomayor, Ruth Bader Ginsburg and Elena Kagan dissented."This Court's order prevents thousands of otherwise eligible voters from participating in Florida's primary election simply because they are poor," Sotomayor wrote in the dissent."This Court's inaction continues a trend of condoning (disenfranchisement)," she added.The law is expected to impact roughly 1.4 million people in Florida. Amendment 4, passed by Florida voters in 2018, allowed most ex-felons to register to vote, with exceptions for those convicted of certain crimes. In 2019, Governor Ron DeSantis signed into law additions to Amendment 4 that required fines, fees and restitution be paid first before ex-felons could register to vote. Thursday's decision from the Supreme Court comes just days before the voter registration deadline in Florida. The state's primary election is scheduled for August 18 and voters must register by July 20. 1320
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