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A COVID-19 vaccine candidate being produced by biotech company Moderna has shown to be 94.5% effective in Phase 3 clinical trials, the company said Monday.The news means that the company is on track to request Emergency Use Authorization status for the drug in the coming weeks. The vaccine is already being mass-produced and thousands of doses will be ready to ship following authorization.Moderna's vaccine is closely tied with "Operation Warp Speed," a Trump administration program that provided nearly billion in government funding for research and support, and placed the vaccine on an FDA fast-track.On Aug. 11, the Department of Health and Human Services announced it was paying .5 billion ".5 billion in funds to support the large-scale manufacturing and delivery" for 100 million doses of Moderna's vaccine candidate.Moderna said Monday that 20 million doses of its vaccine will be available to ship by the end of 2020, and is on track to produce between 500 million and 1 billion doses in 2021.Health experts believe that a vaccine will be available to some people by the end of 2020, and will be widely available in spring 2021. Though it's unclear who specifically will qualify to receive the drug first, doses will need to be rationed for several months before vaccines are widely available.The release comes a week after Pfizer announced its own vaccine candidate was also on track for mass distribution after showing 90% effectiveness in Phase 3 trials.Moderna's announcement comes as welcome news to the U.S., where COVID-19 is currently spreading at a rate unseen since the pandemic first hit. More than 1 million people have been diagnosed with the virus in the last week, and at least 100,000 people are confirmed to have contracted the virus each day for the last 13 days. 1808

A Chinese court has banned the sale and import of most iPhone models in a stunning decision sure to escalate the nasty trade war between the United States and China.The ban does not cover the new iPhone XS, iPhone XS Plus or iPhone XR, which were not yet available when Qualcomm filed its lawsuit. The phones covered by the ban make up about 10% to 15% of current iPhone sales in China, according to Daniel Ives, analyst at Wedbush Securities.The court granted a pair of preliminary injunctions requested by Qualcomm, an American microchip maker. Qualcomm claims that Apple violates two of its patents in the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and iPhone X. The patents allow people to edit and resize photos on a phone and to manage apps by using a touchscreen, according to Qualcomm.The practical effect of the injunction is not yet clear. The ruling was announced publicly Monday but put into effect last week, but Apple said in a statement that all iPhone models remain available in China."If Apple is violating the orders, Qualcomm will seek enforcement of the orders through enforcement tribunals that are part of the Chinese court system," Don Rosenberg, general counsel for Qualcomm, said in a statement.Apple accused Qualcomm of playing dirty tricks, including asserting a patent that had already been invalidated by international courts, and other patents that it had never before used. Apple said it will pursue a legal response in court."Qualcomm's effort to ban our products is another desperate move by a company whose illegal practices are under investigation by regulators around the world," Apple said.Apple on Monday filed a request for the court to reconsider its decision. Qualcomm applauded the ruling, saying Apple owes it money for using its technology."We deeply value our relationships with customers, rarely resorting to the courts for assistance, but we also have an abiding belief in the need to protect intellectual property rights," Don Rosenberg, general counsel for Qualcomm, said in a statement. "Apple continues to benefit from our intellectual property while refusing to compensate us."Investors were mostly unmoved. Apple's (AAPL) stock was about flat Monday afternoon. Qualcomm's (QCOM) stock rose 2%.  2293

A large transformer was on fire in Texas City, Texas, near Houston on Tuesday, sending thick smoke miles into the air. It is unknown what sparked Tuesday's fire. Texas City officials were on the scene of the fire. No injuries have been reported. "At this time we are aware of an electrical transformer fire at the Centerpoint facility near FM 517 and HWY 146," Texas City government tweeted. "All personnel are accounted for. No Injuries. Please stay clear of the area." 493

A former Nazi labor camp guard who has been living in the United States for decades has finally been deported to Germany after years of diplomatic wrangling, the White House announced on Tuesday.Jakiw Palij, who worked as a guard at the Trawniki Labor Camp, in what was then German-occupied Poland, had been living out his post-war years in Queens, New York City.Palij, 95, was born in what was then-Poland and now Ukraine, and immigrated to the US in 1949, becoming a citizen in 1957. The former Nazi guard lied to US immigration officials about his role in World War II, saying he worked on a farm and in a factory, the White House said in a statement.In 2001, Palij admitted to US Department of Justice officials that he had in fact trained and worked at the Trawniki Labor Camp in 1943. On November 3, 1943, around 6,000 Jewish prisoners at the camp were shot to death in one of the single largest massacres of the Holocaust, according to the White House statement. 977

A local mom has joined Tennessee lawmakers to back a bill that would require a prescription bottle design change in order to save young lives.Betty Mason of Green Hills, Tennessee lost her daughter, Katy to an opioid overdose in May 2016. "Great IQ, great student, great athlete. She had everything in the world going for her and it...her future was bright and it came to an abrupt halt with this," Mason said.Doctors told Mason that Katy was in the hospital on life support after the apparent overdose.Mason said her daughter started experimenting with prescription drugs after eighth grade with friends.She said for five years her daughter's big smile would fade during her time in and out of three treatment facilities.Mason hoped a state proposed bill, Pilfering Prevention Act, would help curb Tennessee's opioid epidemic.The act would allow prescription bottles for drugs considered severely psychologically or physically addicting to have a 4-number combination lock.Each patient would be assigned a pin number to unlock the container.Dr. Sterling Haring with Vanderbilt University Medical Center contributed to a John Hopkins report which recommended updating prescription packaging. The update would apply to only Schedule II prescriptions, meaning substances that have a high potential for abuse which may lead to severe psychological or physical dependence.Most prescription bottles haven't changed for 50 years."But to me if your boat is sinking, the first step is to plug the hole and then you start bailing the water out. So to mean what this bill does is plug the hole," Haring said. 1701