Categories
Health

F.D.A. Panel Provides Inexperienced Mild to Pfizer’s Covid Vaccine

Pfizer’s Covid-19 vaccine passed a critical milestone on Thursday when a panel of experts formally recommended that the Food and Drug Administration authorize the vaccine. The agency is likely to do so within days, giving health care workers and nursing home residents first priority to begin receiving the first shots early next week.

The F.D.A.’s vaccine advisory panel, composed of independent scientific experts, infectious disease doctors and statisticians, voted 17 to 4, with one member abstaining, in favor of emergency authorization for people 16 and older. With rare exceptions, the F.D.A. follows the advice of its advisory panels.

With this formal blessing, the nation may finally begin to slow the spread of the virus just as infections and deaths surge, reaching a record of more than 3,000 daily deaths on Wednesday. The F.D.A. is expected to grant an emergency use authorization on Saturday, according to people familiar with the agency’s planning, though they cautioned that last-minute legal or bureaucratic requirements could push the announcement to Sunday or later.

The initial shipment of 6.4 million doses will leave warehouses within 24 hours of being cleared by the F.D.A., according to federal officials. About half of those doses will be sent across the country, and the other half will be reserved for the initial recipients to receive their second dose about three weeks later.

The arrival of the first vaccines is the beginning of a complex, monthslong distribution plan coordinated by federal and local health authorities, as well as large hospitals and pharmacy chains, that if successful, will help return a grieving and economically depressed country back to some semblance of normal, maybe by summer.

“With the high efficacy and good safety profile shown for our vaccine, and the pandemic essentially out of control, vaccine introduction is an urgent need,” Kathrin Jansen, a senior vice president and the head of vaccine research and development at Pfizer, said at the meeting.

The vote caps a whirlwind year for Pfizer and its German partner BioNTech, which began working on the vaccine 11 months ago, shattering all speed records for vaccine development, which typically takes years. It is also a triumph for the F.D.A., which has upheld its reputation as the world’s gold standard for drug reviews despite months of political pressure from President Trump, who has sought to tie his political fortunes to the success of a vaccine. The Pfizer vaccine has already been given to people in Bahrain and Britain, where it was authorized on Dec. 2. Canada approved it on Wednesday.

The U.S. authorization of Pfizer’s vaccine is expected to be followed soon by one for Moderna’s version, which uses similar technology and has also shown promising results in clinical trials. Operation Warp Speed, the Trump administration’s multi-billion-dollar program to fast-track vaccine development, pre-ordered 100 million doses of Pfizer’s vaccine in July and heavily backed the development and manufacturing of Moderna’s vaccine.

More than 100 F.D.A. employees have worked nearly round the clock to review the application Pfizer submitted on Nov. 20, compressing months of analysis into weeks as they pored over thousands of pages of clinical trial and manufacturing data.

Earlier this week, career scientists at the F.D.A. published an analysis showing the vaccine worked across a variety of demographic groups and that it was somewhat effective even after the first of two doses.

During the daylong meeting on Thursday, panel members peppered company and agency experts with detailed questions about the safety and efficacy of the vaccine, which was found to be 95 percent effective in a late-stage clinical trial. Some members expressed concern that there was not enough data from 16- and 17-year-olds to know whether the vaccine would help them, but the committee decided the benefits for that group outweighed the risks.

Some members asked about the likelihood for serious allergic reactions, given the news that regulators in Britain recommended this week that people with a history of anaphylactic allergic reactions to medicines and foods not get the vaccine while they investigate two cases of allergic reactions among health care workers. Pfizer officials said there were no cases of serious allergic reactions in the trial of 44,000 participants. People with a history of allergic reactions to vaccines were excluded from the study.

One of the panel members, Dr. Paul Offit of the Children’s Hospital of Philadelphia, said he feared that statements by British regulators as well as remarks by Moncef Slaoui, a top U.S. vaccine official, could lead “tens of millions” of people with severe allergies to reject the vaccine even though evidence of a link to the shots was unclear. He asked Pfizer to conduct a separate study of people with a history of severe allergies, because “this issue is not going to die until we have better data.”

The F.D.A. said that it had asked Pfizer to include allergic reactions in its safety tracking plan and would include a warning in its instructions on the use of the vaccine.

One of the most hotly contested issues was how the broad authorization of the vaccine might affect the continuing clinical trial. Some experts have argued that, ethically, trial volunteers who received a placebo should be offered the vaccine once it is authorized, but others worried that move could tarnish the long-term results of the trial.

During the public portion of the meeting, consumer and public health advocates largely pushed the agency to authorize the vaccine, noting the urgency of the pandemic. One speaker, who identified himself as Kermit Kubitz, noted that he had no conflicts of interest to declare except for “a lot of elderly relatives.”

“They need this vaccine yesterday,” he said.

But advocates also asked regulators to be transparent about potential safety issues and to closely track the vaccine once it becomes available. Several said such measures were necessary to reassure a public that is hesitant to take a new vaccine, particularly Black and Native American people who have historically been mistreated by the medical community. “Before authorization is granted, affected communities need to have confidence that the vaccine is safe and effective,” said Sarah Christopherson of the National Women’s Health Center.

By insisting that the advisory committee vote on any vaccine, regulators created a shield against White House pressure to approve a product before the presidential election. When the panelists met in October to discuss the F.D.A.’s guidelines for approving Covid-19 vaccines, they urged the agency to take its time and cautioned that rushing the process could risk missing vital safety data and further erode public trust.

The scene that played out on Thursday — in which outside experts spent hours engaging government officials in an intense but often highly technical discussion about vaccine science — did not always make for exciting viewing. But the circumstances were certainly dramatic, as the experts were being asked to carefully weigh the risks and benefits of the vaccine, even as the United States reached the grim milestone of recording more than 3,000 Covid deaths on Wednesday and as thousands of people in Britain had already received it.

The F.D.A. has struggled, internally and externally, to move fast on its vaccine and treatment deliberations in order to curb the deadly virus’s spread — but not so fast as to undermine public confidence. It was a thin line to walk, and not helped by the torrent of troubling accusations by Mr. Trump and his advisers that the agency was moving too slowly.

Just days before Pfizer submitted its application, the company sent an enormous tranche of manufacturing data to the F.D.A. — including materials on how it was scaling up production — leaving regulators scrambling to evaluate it in time for a possible authorization.

As part of its oversight, the F.D.A. also had teams review company production facilities and clinical trial sites, where they verified that records corresponded to the accounts Pfizer had submitted to federal regulators.

At the same time, regulators were evaluating an equally complex emergency authorization application submitted by Moderna, whose data will be examined publicly during another F.D.A. outside advisory meeting next week.

The Road to a Coronavirus Vaccine ›

Answers to Your Vaccine Questions

As the coronavirus vaccine get closer to U.S. authorization, here are some questions you may be wondering about:

    • If I live in the U.S., when can I get the vaccine? While the exact order of vaccine recipients may vary by state, most will likely put medical workers and residents of long-term care facilities first. If you want to understand how this decision is getting made, this article will help.
    • When can I return to normal life after being vaccinated? Life will return to normal only when society as a whole gains enough protection against the coronavirus. Once countries authorize a vaccine, they’ll only be able to vaccinate a few percent of their citizens at most in the first couple months. The unvaccinated majority will still remain vulnerable to getting infected. A growing number of coronavirus vaccines are showing robust protection against becoming sick. But it’s also possible for people to spread the virus without even knowing they’re infected because they experience only mild symptoms or none at all. Scientists don’t yet know if the vaccines also block the transmission of the coronavirus. So for the time being, even vaccinated people will need to wear masks, avoid indoor crowds, and so on. Once enough people get vaccinated, it will become very difficult for the coronavirus to find vulnerable people to infect. Depending on how quickly we as a society achieve that goal, life might start approaching something like normal by the fall 2021.
    • If I’ve been vaccinated, do I still need to wear a mask? Yes, but not forever. The two vaccines that will potentially get authorized this month clearly protect people from getting sick with Covid-19. But the clinical trials that delivered these results were not designed to determine whether vaccinated people could still spread the coronavirus without developing symptoms. That remains a possibility. We know that people who are naturally infected by the coronavirus can spread it while they’re not experiencing any cough or other symptoms. Researchers will be intensely studying this question as the vaccines roll out. In the meantime, even vaccinated people will need to think of themselves as possible spreaders.
    • Will it hurt? What are the side effects? The Pfizer and BioNTech vaccine is delivered as a shot in the arm, like other typical vaccines. The injection won’t be any different from ones you’ve gotten before. Tens of thousands of people have already received the vaccines, and none of them have reported any serious health problems. But some of them have felt short-lived discomfort, including aches and flu-like symptoms that typically last a day. It’s possible that people may need to plan to take a day off work or school after the second shot. While these experiences aren’t pleasant, they are a good sign: they are the result of your own immune system encountering the vaccine and mounting a potent response that will provide long-lasting immunity.
    • Will mRNA vaccines change my genes? No. The vaccines from Moderna and Pfizer use a genetic molecule to prime the immune system. That molecule, known as mRNA, is eventually destroyed by the body. The mRNA is packaged in an oily bubble that can fuse to a cell, allowing the molecule to slip in. The cell uses the mRNA to make proteins from the coronavirus, which can stimulate the immune system. At any moment, each of our cells may contain hundreds of thousands of mRNA molecules, which they produce in order to make proteins of their own. Once those proteins are made, our cells then shred the mRNA with special enzymes. The mRNA molecules our cells make can only survive a matter of minutes. The mRNA in vaccines is engineered to withstand the cell’s enzymes a bit longer, so that the cells can make extra virus proteins and prompt a stronger immune response. But the mRNA can only last for a few days at most before they are destroyed.

Regulators sometimes received documents from the companies as late as midnight and worked through the Thanksgiving holiday. Dr. Peter Marks, the top vaccine regulator at the F.D.A., joked last week at an event hosted by the American Medical Association that his team ate turkey sandwiches while examining documents.

“Among all global regulators, we are the ones that actually don’t just look at the company’s tables. We actually get down and dirty and we look at the actual adverse event reports, the bad spelling errors that are made by physicians sometimes, et cetera,” he said at the event.

Dr. Stephen M. Hahn, the F.D.A. commissioner, kept a careful distance from the review, according to people familiar with it.

Dr. Hahn had caved to pressure earlier in the summer to authorize an old malaria drug, hydroxychloroquine, for use in Covid patients even though there was little evidence that it worked. That decision was reversed after the agency found the drug was unlikely to be effective in Covid patients and carried a risk of potentially dangerous side effects. And Dr. Hahn faced withering criticism from the scientific community after he exaggerated the benefits of another treatment, convalescent plasma, an error he later corrected.

Mr. Trump accused agency officials of being part of the “deep state” and hinted that a vaccine could come before “a very special day” — Election Day. The F.D.A.’s reputation appeared to be headed in the same direction as that of the Centers for Disease Control and Prevention, which was widely criticized for not standing up to the president.

But senior regulators — and eventually Dr. Hahn himself — pushed back. The agency’s top career officials published an opinion piece in USA Today, acknowledging that the F.D.A.’s integrity had been called into question and insisting that they would “follow the science” during the pandemic. The agency prevailed in a battle with the White House over imposing more stringent guidelines for companies developing Covid vaccines.

“In this sort of environment, where there has been so much pressure and concern, the process does provide an important check and balance,” said Dr. Jesse L. Goodman, who previously served as the F.D.A.’s chief scientist. Holding an open meeting also allows the public to “be sure that a broader scientific and clinical community is comfortable with the decision.”

On Tuesday, the president held a summit intended to showcase the administration’s role in developing a vaccine. “We are just days away from authorization from the F.D.A. and we’re pushing them hard,” Mr. Trump said at the event.

Many health care workers around the country are already raring to get the vaccine. Dr. Andrew Barros, a critical care physician in Charlottesville, Virginia, who is scheduled to get his Pfizer shot at 2:30 p.m. on Dec. 15, said he is “looking forward to having a sore arm and hopefully being one step closer to having Covid under control.”

Pfizer’s clinical trial will continue even after its vaccine is authorized by the F.D.A., and the company and F.D.A. will continue to watch for safety concerns.

Pfizer said on Thursday that it planned to apply for full approval in April of 2021, after the company had collected six months of safety data. At that point, Pfizer would be allowed to sell its vaccine directly to hospitals and other health care providers.

Carl Zimmer and Katherine J. Wu contributed reporting.

Categories
Politics

Pentagon Weighs Sharp Disadvantage in Assist for C.I.A.

WASHINGTON – The Trump administration is considering withdrawing military support to the CIA, including the potential withdrawal of much of the CIA-operated drone fleet, according to current and former officials. The postponement could severely limit the agency’s counter-terrorism efforts, which expanded significantly after the September 11, 2001 attacks.

The government is considering several options that could go into effect as early as January 5th. One would reduce the number of Pentagon personnel posted to the agency – many of them special forces forces who work in the CIA’s paramilitary division. However, other changes that are being considered would be far broader and more consistent, making it difficult for the agency to operate from military bases, use the Department of Defense’s medical evacuation capabilities, or conduct covert drone strikes against terrorists at hot spots around the world.

Former officials warned President-elect Joseph R. Biden Jr. can reverse changes immediately as soon as he takes office next month. However, depending on how quickly the Pentagon makes such decisions, it might be more difficult for the new administration to reverse them quickly.

It wasn’t clear why the Trump administration was pushing its review as Mr Biden could easily turn it back. Some former agency officials viewed the move as a final attempt by President Trump, who has long berated intelligence services for their assessment that Russia intervened to support its 2016 presidential campaign and downsize the CIA

The Pentagon is currently reviewing a 15-year-old memorandum of understanding with the CIA to move some staff from supporting the agency to other posts, a senior administration official said. Some in the Pentagon believe the CIA has received too many military assets, and the Department of Defense wants a greater say in their allocation.

Ezra Cohen-Watnick, who was appointed assistant secretary of defense for intelligence last month and seen among some career officials as a highly ideological Trump loyalist, pushed the effort forward, current and former officials said. Christopher C. Miller, the acting Secretary of Defense and longtime Army Green Beret, supports it as long overdue and part of the business as usual for the Pentagon, which, according to a senior American official, has to constantly review how it is using its assets.

“The Pentagon has tried to better use its resources to focus more on the so-called great power competition with China,” Air Force Lt. Col. Uriah L. Orland replied to a request for comment when asked for comment.

“Much has changed in the first two decades of this century, and DOD is only working with the CIA to ensure that both DOD and CIA are able to work together to address United States national security challenges,” he said.

While the CIA refused to discuss the deliberations, Nicole de Haay, a spokeswoman for the agency, said she was confident that close cooperation with the Department of Defense would continue “for years to come.”

“There is no stronger relationship and no better partnership,” she said. “This partnership has resulted in achievements that have greatly improved US national security.”

The review includes the assignment of counter-terrorism military experts, which the Pentagon referred to the CIA, but the changes could be more extensive, according to those briefed on the effort.

One version of the plan could reduce the number of military bases the Pentagon makes available to the CIA and even reduce the number of places in the world where the Department of Defense provides medical evacuation and treatment to officials and contractors.

“That would be a setback for US national security,” said Michael P. Mulroy, former Pentagon chief Middle East policy officer and former CIA paramilitary officer, in an email about the proposed changes. “As a team, this relationship resulted in some of the greatest successes in Afghanistan, Iraq and the global war on terrorism.”

Defense One covered the Pentagon Review earlier.

Since the 9/11 attacks, the CIA has replenished its small number of unmanned armed drones with assets and pilots on loan from the Pentagon. According to former officials, around two-thirds to three-quarters of the CIA’s drone fleet is now owned and loaned to the agency by the Air Force.

The CIA’s strikes are undercover and are not recognized by the agency. During the Bush and Obama administrations, the CIA used military drones to carry out increasingly deadly air strikes in Pakistan, Yemen, Somalia and elsewhere. The CIA, not the military, has carried out some of the government’s airstrikes in recent decades because some host countries prevented the American military from operating on their territory. The CIA can also act faster, argued former officials.

“The CIA’s process of authorizing lethal strikes against individuals is faster than the military’s more bureaucratic procedures,” said Kevin Carroll, a former CIA officer. “In this way, decaying, time-critical counter-terrorism goals could be missed.”

CIA drone strikes have decreased in recent years, and the agency has pulled back from strikes in some countries, such as Pakistan, that were once the focus of its operations, according to former officials.

Last year, the Trump administration began curtailing the nation’s counter-terrorism efforts to shift the focus of intelligence agencies to China. That year, Richard Grenell, then acting director of the National Intelligence Service, ordered a review of the National Counter-Terrorism Center, which resulted in its size being reduced.

Human rights groups are likely to welcome a further reduction in CIA air strikes. You have long spoken out against the targeted murder of terrorist suspects by the government, but you were particularly frustrated with the secret nature of the CIA program.

“The CIA shouldn’t be responsible for targeted murders because it can’t naturally meet international transparency standards,” said Andrea J. Prasow, Washington deputy director at Human Rights Watch.

The Pentagon has told Biden interim officials that it is reviewing its agreement to assist the CIA in the effort to shift resources from the counter-terrorism mission to the Chinese threat.

Most administrations withhold important decisions in the final days of a president’s term with profound consequences. Former officials say the revision of the operating agreement between the CIA and the Pentagon is exactly that kind of change with global implications that should be left to the Biden administration.

However, the deal could make it difficult for the CIA to conduct some of its operations in Afghanistan next month as the Pentagon tries to reduce the number of soldiers there. However, people who have been briefed on the matter say the military continues to support the CIA despite the drawdown orders.

The close ties between the CIA and special military operations personnel were underscored last month when a CIA paramilitary officer was killed in Somalia. General Mark A Milley, chairman of the joint chiefs of staff, publicly announced the official’s death in a comment last week to a think tank. General Milley noted that the officer had previously served in the military as a member of the Navy SEALs.

The Pentagon announced last week that virtually all of Somalia’s 700 or so troops – most of the special forces that have conducted training and counter-terrorism missions – will leave by January 15, five days before Mr Biden’s inauguration.

Military officials said the Pentagon will continue to conduct counter-terrorism operations from neighboring Djibouti and Kenya, but the withdrawal of American forces is likely to complicate the role of CIA paramilitary officers remaining in Somalia.

Over the past two decades, the military-CIA partnership has halted “numerous terrorist attacks,” said Marc Polymeropoulos, a former CIA officer who has spent much of his career fighting terrorism.

“The fight against terrorism is not over yet, even if we turn to competition from China and Russia,” he said. “This reported move also puts CIA staff at considerable risk. At a time when a CIA officer was recently killed in Somalia, it is hard to imagine why the Department of Defense would pull the necessary Medevac platforms for our officers at the tip of the spear. “

Categories
Business

Disney Investor Day 2020 bulletins

Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the 2019 D23 Expo in Anaheim, California on August 22, 2019.

Patrick T. Fallon | Bloomberg via Getty Images

The SDisney streaming service Disney + continues to gain subscribers. On Thursday, the company announced that the platform now has 86.8 million subscribers on its annual investor day. That’s more than the 73 million the company reported at the end of its fourth fiscal quarter.

The company’s shares rose 3% on the news.

As of December 2, the company also has 38.8 million Hulu subscribers and 11.5 million ESPN + subscribers.

The entertainment giant’s stock hit a record close of $ 154.69 on Thursday, just before the company’s annual investor event, which is set to announce plans for 2021 and beyond. Disney stock hit an intraday all-time high of $ 155.34 on Thursday.

After rival Warner Bros. announced that it would release 17 films the same day on HBO Max and in theaters the next day, analysts and investors are excited to see how Disney will maneuver through the uncertainty still looming from a global pandemic is.

Kareem Daniel, head of the company’s new media and entertainment sales group, said theatrical releases help build franchises. Something Disney has done well with blockbusters from Marvel and Star Wars over the past decade.

Daniel announced that in Disney + 10 Marvel series, 10 Star Wars series, 15 Disney live action, Disney animation and Pixar series, and 15 Disney live action, Disney animation and Pixar series -Films will be shown.

The company will simultaneously be releasing the Raya and the Last Dragon animated feature on premium video-on-demand via Disney + and in theaters.

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Categories
Health

Unwanted effects are indicators shot is constructing safety, says ex-FDA chief

Covid-19 vaccine side effects are signs that the shots are helping to protect against the disease, said former FDA chief Dr. Margaret Hamburg on Thursday opposite CNBC.

“The data tell us that this vaccination produces a fairly routine response at the time of administration, but it is noteworthy when you receive the vaccine,” she said on Squawk Box. “You will know when you will receive the vaccine, but that will also show you that it works and that your body is reacting,” added Hamburg, who headed the regulator in the Obama administration from 2009 to 2015.

The Hamburg statements come when the vaccine committee of the Food and Drug Administration meets on Thursday whether Pfizer and German partner BioNTech should vote for the emergency approval of the Covid-19 candidate. The non-binding decision by the panel of experts is a final step before the FDA is expected to approve the vaccine for limited use.

The agency will meet next week at the request of Massachusetts-based Moderna to obtain the same approval. The vaccine is similar to Pfizer’s in that they both take a new approach that uses genetic material to trigger an immune response.

Pfizer’s vaccine was approved by regulators in the UK last week, where the first shots for non-trial participants were given on Tuesday. However, the two allergic reactions reported by UK health workers prompted UK regulators to advise people with a history of “significant” allergic reactions to abstain from the vaccine for the time being.

Coronavirus vaccine development deadlines have been hastened this year by drug makers and governments alike in hopes of finding a solution to the devastating pandemic that killed at least 1,571,890 people worldwide, according to Johns Hopkins University. The US recorded a record 3,124 deaths on Wednesday.

Both Pfizer’s and Moderna’s vaccines were shown to be more than 94% effective in preventing symptomatic Covid-19, according to data from large-scale clinical trials.

Some of the reported side effects are “local swelling, irritation, pain, fatigue, sometimes headache,” said Hamburg. “A percentage of the patients had chills and a slight fever.”

Dr. Moncef Slaoui, who leads the Trump administration’s vaccine development efforts, has defended the safety of Pfizer and Moderna vaccines. He said earlier this month that “significantly noticeable” side effects from the admissions were reported in only 10% to 15% of study participants, which may lasted up to a day and a half.

Both Pfizer’s and Moderna’s vaccines require two doses. Some doctors have tried to raise awareness of the side effects so that vaccine recipients aren’t deterred from getting the second shot.

“We really need to make patients aware that this is not going to be a walk in the park,” said Dr. Sandra Fryhofer of the American Medical Association in November at an advisory panel meeting of the Centers for Disease Control and Prevention. “You will know you had a vaccine. You probably won’t feel wonderful. But you have to come back for that second dose.”

Categories
World News

ABNB begins buying and selling on the Nasdaq

The NASDAQ market page will display an AirBnb sign on their billboard on the day of their IPO in Times Square in the Manhattan neighborhood of New York City, New York, United States, on December 10, 2020.

Carlo Allegri | Reuters

Airbnb is set to double its share price by its IPO debut on Thursday at the latest in a wave of hotly anticipated tech IPOs in a year that has been tumultuous due to the pandemic.

The shares were priced at $ 68 on Wednesday and are expected to hit around $ 152.30 when the stock starts trading, according to early signs prior to initial trading. Airbnb is traded on the Nasdaq under the ticker “ABNB”.

The stock is expected to trade between 12:30 p.m. and 1:00 p.m. Eastern Time, a well-placed source CNBC’s Leslie Picker said. Speculation that it would join one of the major indexes in the next few years seems to be sparking interest, the source said.

The company is going public at a time when the sector was hit by reduced travel trends during the public health crisis. Revenue last quarter was down nearly 19% to $ 1.34 billion year over year. But it still managed to make a profit of $ 219 million, and there were other intermittently profitable quarters as well.

While travel was less, Airbnb managed to find a sweet spot for those willing to hit the road who prefer home stays over traditional hotels. That could change when vaccines make travel more accessible again, possibly as early as late next year.

Airbnb’s CEO Brian Chesky said in an interview with CNBC’s Deirdre Bosa on the Thursday ahead of its IPO that the platform is considering changing the way travelers want to plan their trips as remote working is an option for many.

“Now that people come to Airbnb, they don’t even necessarily have a destination or dates in mind because they’re flexible. We’re all obviously zoomed in, and that’s why people say, ‘I want to go anywhere 300 miles around me around, what can you show me? ‘”he said. “Now we’re going to dig a little more into the game of inspiration and tune people into the perfect home experience for them.”

Chesky also said he wasn’t too concerned about the rating.

“I don’t think I’ll be more concerned than I did in April and May when our business fell 80% in eight weeks in the middle of a pandemic,” he said.

Airbnb struggled with complaints from hosts on its platform at the beginning of the pandemic, when the company indulged guest cancellations, leaving hosts with no expected payments. A Texas-based host filed a class action lawsuit against the company last month alleging that Airbnb breached its contract with hosts by offering the refunds. Airbnb called the lawsuit “frivolous and without merit” in a statement at the time.

As part of its IPO, Airbnb set up a Host Endowment Fund made up of 9.2 million non-voting shares. Airbnb said in its IPO prospectus that the fund would benefit hosts through programs and grants.

“We want hosts to share in our success, not just for a moment, but as long as Airbnb exists in the world,” the company wrote. “We intend that the Host Endowment Fund will be a long-term investment in the future of our hosting community, built by hosts for hosts.”

Airbnb was listed eight times on CNBC’s annual Disruptor 50 list and ranks 41st in 2020 Disruptor 50 companies.

This story evolves. Check for updates again.

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WATCH: Airbnb is battling through its Covid-19 response

Categories
Business

Unemployment Claims Rise as Financial Disaster Grinds On: Reside Updates

Here’s what you need to know:

Credit…Anna Moneymaker for The New York Times

The Treasury secretary, Steven Mnuchin, was rebuked on Thursday at a congressional oversight hearing over his management of the economic relief effort, facing criticism from lawmakers over his decision to pull the plug on five of the Federal Reserve’s emergency lending programs.

Scrutiny of Mr. Mnuchin’s handling of the programs comes as he is negotiating with Congress over another $900 billion economic relief bill that lawmakers hope to pass before the end of the year.

The criticism over Mr. Mnuchin’s decision to end the Fed programs adds to the controversy surrounding one of his final acts as Treasury secretary. Mr. Mnuchin insisted again on Thursday that he was following the intent of the law in ending the lending programs at year-end and in clawing back billions from the Fed. That position is at odds with what many legal experts and Democrats in Congress say was actually required under the law.

“This was a political decision — one intended to hamstring the incoming administration even as Covid deaths are spiking and the economic recovery is slowing,” Bharat Ramamurti, an appointed member of the Congressional Oversight Commission, said at Thursday’s hearing. “Let me put it this way: Does anyone think the Treasury would have ended these programs if Donald Trump were re-elected?”

Mr. Ramamurti, a Democrat, noted that Mr. Mnuchin’s decision was only made public after the election and that Treasury had earlier indicated that the programs could continue depending on market conditions.

On Nov. 19, Mr. Mnuchin declared that the he believed all along that the programs could not continue past year-end and asked the Federal Reserve to give back the unused investments.

Mr. Mnuchin was also grilled over Treasury’s decision to extend a loan to a trucking company that was struggling before the coronavirus.

Republicans on the commission, Senator Patrick J. Toomey of Pennsylvania and Representative French Hill of Arkansas, both raised questions about why the company, YRC Worldwide, was worthy of loan that was justified on the grounds that the company was critical to national security.

“It’s been hanging on by a thread since the global financial crisis,” Mr. Hill said.

Mr. Toomey said that YRC, which had been contracted by the Defense Department to provide meal kits, protective equipment and other supplies to military bases, appeared to be nearly insolvent and asked whether giving it money was a prudent use of taxpayer funds.

Mr. Mnuchin, a former banker, agreed that he would not have underwritten the loan if he was still in private industry but said the law gave Treasury the ability to help prevent financial problems and job losses at companies deemed critical to national security.

There was a tremendous risk to the Deparment of Defense and a tremendous risk to the number of jobs,” Mr. Mnuchin said.

Lawmakers also pressed Mr. Mnuchin about one of YRC’s financial backers, Apollo Global Management, a private equity firm that also has ties to the White House.

Mr. Ramamurti asked Mr. Mnuchin if Jared Kushner, President Trump’s son-in-law and senior adviser, had encouraged him to approve the loan. In 2017, Apollo lent $184 million to Mr. Kushner’s family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper.

Mr. Mnuchin said that Mr. Kushner had no input and defended the loan, claiming that it staved off substantial job losses.

“I do think it would have been bankrupt and the company would have fired lots of people,” Mr. Mnuchin said.

Pandemic Unemployment

Assistance claims

Pandemic Unemployment

Assistance claims

Applications for jobless benefits resumed their upward march last week as the worsening pandemic continued to take a toll on the economy.

More than 947,000 workers filed new claims for state unemployment benefits last week, the Labor Department said Thursday. That was up nearly 229,000 from the week before, reversing a one-week dip that many economists attributed to the Thanksgiving holiday. Applications have now risen three times in the last four weeks, and are up nearly a quarter-million since the first week of November.

On a seasonally adjusted basis, the week’s figure was 853,000, an increase of 137,000.

Nearly 428,000 applied for Pandemic Unemployment Assistance, a federal program that covers freelancers, self-employed workers and others who don’t qualify for regular state benefits.

Unemployment filings have fallen greatly since last spring, when as many as six million people a week applied for state benefits. But progress had stalled even before the recent increases, and with Covid-19 cases soaring and states reimposing restrictions on consumers and businesses, economists fear that layoffs could surge again.

“It’s very clear the third wave of the pandemic is causing businesses to have to lay people off and consumers to cut back spending,” said Daniel Zhao, senior economist for the career site Glassdoor. “It seems like we’re in for a rough winter economically.”

Jobless claims rose in nearly every state last week. In California, where the state has imposed strict new limits on many businesses, applications jumped by 47,000, more than reversing the state’s Thanksgiving-week decline.

The monthly jobs report released on Friday showed that hiring slowed sharply in early November and that some of the sectors most exposed to the pandemic, like restaurants and retailers, cut jobs for the first time since the spring. More up-to-date data from private sources suggests that the slowdown has continued or deepened since the November survey was conducted.

“Every month, we’re just seeing the pace of the recovery get slower and slower,” said AnnElizabeth Konkel, an economist with the job site Indeed. Now, she said, the question is, “Are we actually going to see it slide backward?”

Many economists say the recovery will continue to slow if the government does not provide more aid to households and businesses. After months of gridlock in Washington, prospects for a new round of federal help have grown in recent days, with congressional leaders from both parties signaling their openness to a compromise and the White House proposing its own $916 billion spending plan on Tuesday. But the two sides remain far apart on key issues.

The stakes are particularly high for jobless workers depending on federal programs that have expanded and extended unemployment benefits during the pandemic. Those programs expire later this month, potentially leaving millions of families with no income during what epidemiologists warn could be some of the pandemic’s worst months.

Dara Khosrowshahi, Uber’s chief executive, said that drivers had served as a “lifeline” during the pandemic by delivering food and transporting health care workers.Credit…Jeenah Moon for The New York Times

Uber drivers and food delivery couriers should get priority access to the coronavirus vaccine, Dara Khosrowshahi, Uber’s chief executive, wrote in a letter to the governors of all 50 states.

Arguing that drivers had served as a “lifeline” during the pandemic by delivering food and transporting health care workers, Mr. Khosrowshahi said that they had earned a spot near the front of the vaccination line alongside other kinds of frontline workers.

“As you finalize your state-level allocation and distribution plans, I encourage you to recognize the essential nature of their work” Mr. Khosrowshahi wrote to the governors. “I want to ensure these individuals can receive immunizations quickly, easily and for free.”

He also offered to use Uber’s app to promote the vaccine and said Uber could be used to help people get to vaccination appointments.

The Centers for Disease Control and Prevention has recommended that health care workers who are at risk of contracting the virus and residents of long-term care facilities should be the first people to receive the vaccine.

Essential workers should be next, the C.D.C. suggested. But individual states have varied definitions of which workers meet the criteria. Uber drivers should be considered in that phase, Mr. Khosrowshahi said.

Volunteers prepare food for families in need in Newton Centre, Mass. Two federal unemployment programs are set to expire, potentially leaving millions vulnerable to eviction and hunger.Credit…Cody O’Loughlin for The New York Times

Millions of Americans will lose their only income in a few weeks if Congress doesn’t act soon to extend unemployment benefits.

Congress created two programs in the spring to expand the unemployment safety net: Pandemic Emergency Unemployment Compensation, which offers 13 weeks of payments to people whose regular state benefits have run out, and Pandemic Unemployment Assistance, which is intended for people left out of the regular unemployment insurance system. But the week ending Dec. 26 is the last for which people can claim benefits under the programs.

Figuring out how many people stand to lose benefits is surprisingly difficult. Data from the Labor Department on Thursday showed that 4.5 million people were enrolled in the program to extend state benefits as of the third week of November. That was down slightly from a week earlier but had been rising quickly as people exhaust their regular benefits, which last six months in most states. If the program ends, some people will qualify for a separate federal extended benefits program, but that extension isn’t available in all states.

Pandemic Unemployment Assistance is even more complicated. The report on Thursday showed that 8.6 million people were enrolled, but that figure is almost certainly an overestimate. A recent report from the Government Accountability Office found that the program had been plagued by fraud and double counting, rendering the data unreliable.

By any accounting, however, millions stand to lose their income if the programs end. Many have already drawn down savings, leaving them with little financial cushion and putting them at risk of eviction or foreclosure.

“They’re going to be very quickly forced to make a lot of bad financial decisions to put food on the table,” said Andrew Stettner, a senior fellow at the Century Foundation, a progressive group. “It can be something you can’t recover from or that takes years to recover from.”

Outside the European Central Bank’s former headquarters, in Frankfurt. Credit…Yann Schreiber/Agence France-Presse — Getty Images

The European Central Bank administered another dose of stimulus to the eurozone economy on Thursday, as policymakers signaled that they expected the impact of the pandemic to linger into 2022 even as the rollout of vaccines begins.

The bank’s Governing Council, which met on Wednesday and Thursday, extended and enlarged programs intended to keep borrowing costs low for eurozone businesses and consumer.

The bank said it would increase pandemic-related bond buying — essentially a money-printing program — by 500 million euros, to a total of €1.85 trillion euros, or $2.2 trillion. The bank said it expected to continue the purchases at least until March 2022, nine months longer than planned.

The central bank also extended by a year, to June 2022, an initiative that allows commercial banks to borrow money at negative interest rates, provided the banks pass the credit on to their customers.

The decisions indicate that the European Central Bank’s Governing Council believes economic recovery is still months away, and extraordinary measures are needed to blunt the damage caused by the pandemic.

A second wave of coronavirus infections provoked a renewed economic downturn in the last quarter of this year, prompting the bank to take action, Christine Lagarde, the president of the European Central Bank, told reporters during a news conference.

The most recent analysis by central bank economists suggests “a more pronounced near-term impact of the pandemic on the economy and a more protracted weakness in inflation than previously envisaged,” Ms. Lagarde said.

The new burst of stimulus was not a surprise after Ms. Lagarde telegraphed policymakers’ intentions at a news conference in October, and repeated the message several times afterward. The only unknowns were what precise form the stimulus would take, and how big it would be.

The measures announced Thursday were in addition to 1.35 trillion newly created euros that the central bank had allocated to buy government and corporate bonds. The purchases are a way of pushing down market interest rates to keep borrowing costs low.

Since April, the central bank has also been lending to commercial banks at interest rates as low as minus 1 percent, in effect paying lenders to take the money as a way of pumping credit into the economy. The commercial banks must lend the money to their customers and meet other conditions to qualify.

United Airlines agreed to invest in a venture plans to build large plants where carbon will be captured from the air and stored underground.Credit…Jeff Chiu/Associated Press

United Airlines said on Thursday that it planned to reduce its greenhouse gas emissions to zero by 2050, in part by investing in capturing and storing carbon.

The airline said it had agreed to invest in 1PointFive, a joint venture between a subsidiary of Occidental Petroleum and Rusheen Capital Management, a private equity firm. That venture plans to build large plants in the United States where carbon will be captured from the air and permanently stored deep underground. Each plant will be designed to remove a million tons of carbon dioxide a year, or the equivalent of the carbon removed by about 40 million trees, according to the airline.

United is among a growing list of companies to promise to effectively eliminate their contribution to climate change. Airlines face a particularly difficult challenge because the technology to produce a zero-emission jet that can economically ferry hundreds of people over long distances does not yet exist and may not for decades.

Some experts and corporate leaders, including United’s chief executive, Scott Kirby, said the world would not be able to meet its climate goals without capturing carbon dioxide in the air and storing it in perpetuity. The approach is technically feasible, but it is expensive and has yet to be deployed on a large scale.

“Everyone that really wants to get the globe down to zero is going to have to come to grips with direct capture and sequestration because that is going to be the only way to get there by 2050,” Mr. Kirby told reporters on a call on Wednesday.

To meet its goal, United also plans to invest in the development and use of “sustainable fuel” and undertake other measures. American Airlines recently announced a similar pledge to achieve net zero carbon emissions by 2050, and Delta Air Lines said this year it would invest $1 billion to become the world’s “first” carbon neutral airline.

  • Stocks drifted between gains and losses on Thursday, as new data showed that unemployment claims jumped sharply in the United States last week, and the European Central Bank’s plans to expand stimulus measures fell short of what some traders were expecting.

  • The S&P 500 fell half a percent in early trading before recouping those losses. The Stoxx Europe 600 slipped about 0.8 percent, while the FTSE 100 index in Britain was flat after giving up its early gains.

  • The Labor Department said on Thursday that more than 947,000 workers filed new claims for state unemployment benefits last week, up nearly 229,000 from the week before. Applications have now risen three times in the last four weeks.

  • The report highlights the importance of a new economic stimulus plan to shore up households and businesses as the pandemic grinds on. Prospects for a new round of federal help have grown in recent days, with the White House proposing its own $916 billion spending plan on Tuesday. But lawmakers remain far apart on key issues.

  • The E.C.B., which has bought more than 600 billion euros’ worth of European bonds as part of an effort to keep government borrowing costs low, said on Thursday that it would increase its bond-buying plan by 500 billion euros and keep purchasing the debt until at least March 2022.

  • The pound fell against all other major currencies, losing 0.9 percent against the euro and 0.6 percent against the dollar, after Prime Minister Boris Johnson of Britain returned from Brussels without a breakthrough on Brexit trade talks with the European Union. The two sides have set a new deadline of Sunday to secure a deal.

  • On Wednesday, Britain signed trade agreements with Singapore and Vietnam. Britain has rushed to sign dozens of free-trade agreements with countries because on Jan. 1 it will be independent of the European Union customs union. The agreements essentially replicate the terms of the E.U. pacts with those countries.

Merck’s chief executive, Kenneth C. Frazier, will lead a workplace diversity effort called OneTen.Credit…Mike Cohen for The New York Times

Jarred by the death of George Floyd and the issues of racial injustice raised in its wake, the chief executives of three dozen companies are starting an initiative to provide a million jobs for Black workers in the next decade.

The effort, called OneTen, is led by Merck’s chief executive, Kenneth C. Frazier, and IBM’s executive chairman, Ginni Rometty. It includes leaders at 37 companies like American Express, AT&T, Bank of America, Cisco, Delta Air Lines, General Motors, Johnson & Johnson, Nike, Stryker, Target and Wal-Mart.

The companies hope to draw in a more diverse community of workers through a recruiting start-up that will identify potential job applicants with the help of community colleges, nonprofit groups, and other organizations known for cultivating Black talent.

Organizers said the jobs would have a wide range, from nurse practitioners to roles relying on specialized technology skills. The hope, they said, is to put more Black employees into better-paying, more secure jobs that will help sustain working families and provide better access to the upper echelons of corporations.

“The primary creator of wealth in the United States is the private sector,” Mr. Frazier said. “We can rebuild our country coming out of this pandemic. And if private companies decide that they’re going to hire, as we rebuild our economy, with an equity lens, then we’ll change the country.”

Mr. Frazier, one of only a few chief executives in the Fortune 500 who is Black, said the OneTen effort began after the killing of Mr. Floyd last May by a Minneapolis police officer. The event set off angry protests over racial inequities and “soul searching” in corporate America as well, Mr. Frazier said.

Talking with other chief executives, business organizations and Ms. Rometty, who has emphasized the importance of a diverse work force at IBM, Mr. Frazier said he came to believe that, as employers, their best tool for combating systemic racism was to attract new Black talent into well-paying jobs at their companies. Given that only about 22 percent of Black people over the age of 25 in the United States have attained a bachelor’s degree — a markedly lower percentage than white and Asian people — Mr. Frazier and Ms. Rometty said that drawing more Black talent would probably require dropping certain college-education requirements.

“As an employer, if I state that every job has to have a college degree, I am predetermining the outcome,” said Ms. Rometty. “The talent is out there; I must find another pathway for it to come to me.”

OneTen — the name refers to hiring one million workers in 10 years — is set to begin its work in January. A chief executive has not yet been named.

Dr. Vivek H. Murthy advised the N.C.A.A. Board of Governors in the early days of the coronavirus pandemic.Credit…Hilary Swift for The New York Times

President-elect Joseph R. Biden Jr.’s choice for surgeon general, Dr. Vivek H. Murthy, had a central role in the National Collegiate Athletic Association’s decision in March to cancel this year’s national basketball tournaments — one of the earliest and most culturally significant signs that the virus would upend ordinary life in America.

The work of Dr. Murthy, a member of the association’s powerful Board of Governors who was surgeon general during part of the Obama administration, offers a view into how he approached the pandemic’s initial threat in the United States, and how he might help shape the federal government’s response under Mr. Biden.

A newcomer to the insular world of college athletics, Dr. Murthy proved a cautious, deliberate expert who was wary of making drastic decisions prematurely, interviews with more than a dozen people who participated in the N.C.A.A.’s meetings suggest. But they said that as the tournaments approached and more data and scientific research emerged, Dr. Murthy was a forceful and effective champion of measures that had been unthinkable to most of society only days or weeks earlier.

Indeed, it was Dr. Murthy who urgently told board members that they risked fueling a deadly crisis if they allowed the tournaments to proceed as scheduled.

“He was instrumental in convincing the board that the time to act was now,” said Kenneth I. Chenault, a former chairman of American Express who sits on the N.C.A.A. board.

But board members like Mr. Chenault said that it was plain that Dr. Murthy understood the cultural and financial repercussions of a decision like canceling the basketball tournaments, which generate hundreds of millions of dollars.

  • The Trump administration announced Wednesday that it was filing a challenge to measures that Canada uses to protect its dairy market, the first enforcement action taken under a new trade agreement that the countries agreed to last year. Under the terms of the United States-Mexico-Canada Agreement, which replaced the North American Free Trade Agreement this year, the United States and Canada will now enter consultations, and if the issue isn’t resolved the United States can request a special panel be formed to examine the matter.

  • Starbucks announced on Wednesday that Mellody Hobson will be the next non-executive chair of the company’s board, as the coffee chain moves closer to its goal of increasing diversity among its leadership. One of the most senior Black women in finance, Ms. Hobson has served on the board for 15 years and will step into the new role in March. She will replace Myron Ullman III, who has served as chair since 2018 and is retiring.

Categories
Health

Easy methods to Discuss to Youngsters About Porn

The models are hired for performance, so it is possible that it is contractual rather than consensual.

There is nothing private about it. Data protection is a healthy part of a sexual relationship.

What you see is not realistic on many levels. For example, a 10-minute sex scene can last for hours. Actors often use erectile enhancers to help maintain arousal. If a scene doesn’t come out the way you want it, just re-shoot it. If you edit afterwards, a specific representation is created.

It is relatively common for children under the age of 18 to request, take, send, and receive nudes, but this can have real ramifications. The federal government believes that child trafficking is involved even if you take and post pictures of yourself. Find out about federal laws regarding pornography and your state’s sexting laws for teenagers.

When your child tells you about an act, do your best to remain calm and resist the temptation to interrogate, be ashamed, or blame the victim. You can say, “I’m glad you came to tell me.” Focus on the person who broke trust in your child and who shares or publishes the pictures.

If the nude photos of people are posted online without their consent, the violation may appear as if it happened in person. It can be devastating. Ask what your child would like to share. Remember, abuse is a disempowering experience. We want survivors to feel they have autonomy in directing their process. Use open-ended questions and their convenience to guide the conversation. Empower them to make their own decisions by offering options and resources like therapeutic advice or reporting to law enforcement.

As a parent, you have taught your children values ​​in all aspects of their lives. Talk about how mutual respect looks, sounds, and feels in a sexual context. It is important to emphasize that sexual relationships can include both emotional and physical intimacy. The connection usually involves romantic interest and sexual attraction.

Without guidance from the adults in their lives on what pleasurable sexual experiences should look, sound and feel like, children work from what they see on screens. Make sure you provide age-appropriate, medically correct information about sexuality and instructions on how to apply that information to their intimate relationships. Encourage your children to define the gender for themselves, to avoid stereotypes affecting their actions, and to be sober and courageous in social and sexual situations.

Categories
Politics

Biden picks China critic Katherine Tai for U.S. Commerce Consultant

Katherine Tai speaks during a House Ways and Means Committee meeting on the US-Mexico-Canada Trade Agreement (USMCA) in 2019.

CSPAN

President-elect Joe Biden named Katherine Tai, a trade attorney with a history of taking over China, to be his new administration for the United States’ chief trade agent on Thursday.

If this were approved by the Senate, Tai would inherit a critical position at the cabinet level, tasked with enforcing American import regulations and negotiating terms of trade with China and other nations.

Tai, who is Asian-American, would also be the first black woman to act as a USTR. She is fluent in Mandarin.

With the election of Tai, the senior trade attorney on the House Ways and Means Committee, the Biden team is likely signaling an intention to revert to a multilateral trade approach to advance U.S. trade interests and face growing economic competition from China.

The president-elect announced Tai’s experience in a press release on Thursday as key to key insights as the new administration reviews outgoing President Donald Trump’s Beijing-brokered trade deal.

“Your in-depth experience will enable the Biden-Harris administration to get a foothold in trade and harness the power of our trade relations to help the US emerge from the COVID-induced economic crisis and get the president-elect’s vision from a professional pursue – American Labor Trade Strategy, “wrote the Biden transition team.

Tai would succeed current Trade Tsar Robert Lighthizer, whose achievements during the Trump administration include stepping up negotiations with Beijing and introducing hundreds of billions of dollars in tariffs on goods imported from China.

China’s Deputy Prime Minister Liu Er speaks to U.S. Sales Representative Robert Lighthizer during a meeting with U.S. President Donald Trump in the Oval Office of the White House in Washington on February 22, 2019.

Carlos Barria | Reuters

Though Tai prefers multilateral enforcement mechanisms more than Lighthizer, its leadership as a USTR would not necessarily signal a change in tougher stance on China. She said China should be approached vigorously and strategically.

“Both also have long histories of dealing with China’s unfair practices, the most pressing trade problem of our time,” said Clete Willems, former White House top trade negotiator. “Katherine’s approach is most likely different in how she uses the WTO system and alliances to pressure China to change its behavior.”

From 2007 to 2014, Tai successfully negotiated Washington’s disputes against Beijing at the WTO, the global trade organization based in Geneva, Switzerland.

Lighthizer and his team, frustrated with what they saw as slow bureaucracy and China’s influence on the WTO and the World Bank, often chose to bypass the WTO and take a more direct approach through tariffs. The US still has import tariffs on Chinese imports of $ 370 billion.

“As a former head of the USTR China Trade Enforcement, Katherine has experience leading and winning joint WTO disputes against China while working with countries like the EU and Japan and is likely to take a similar approach,” Willems said now Partner at Akin Gump. added in an email.

Willems also noted that Tai’s fluent mandarin would command respect at the negotiating table with China.

US President-elect Joe Biden will announce his health team members on December 8, 2020 at the Queen Theater in Wilmington, Delaware.

Chip Somodevilla | Getty Images

In August, Tai called for a different approach to China than Lighthizer’s year-long tariff war, saying the use of import taxes was actually a defensive maneuver.

Rep Don Beyer, D-Va., Said in a press release on Wednesday night that Tai would be a smart choice for USTR as they work together on the Ways and Means Committee.

“She is smart, knows her way around and is committed to ensuring that trade policy is right for our employees, companies and the environment,” said Beyer.

“Katherine is widely recognized and loved, but she will also be a tough and principled negotiator,” he added. “She’s just the right kind of cooperative leader to bring our trade policies back to a rational level and restore the respect of our allies around the world.”

This should please Biden, who has proposed a return to a multilateral, allied approach and a departure from President Donald Trump’s nationalist “America First” approach.

Still, in a recent interview with the New York Times, Biden said that he will not immediately lift tariffs on China and instead will weigh up a variety of tactics when considering how best to compete with Beijing.

“I’m not going to take any immediate steps, and neither will the tariffs. I will not affect my options,” Biden told columnist Thomas Friedman in an interview earlier this month.

The President-elect has refused to say whether he would support joining certain trade deals. One of President Donald Trump’s first acts of office was the removal of the US from the Trans-Pacific Partnership, which the Obama administration had negotiated with eleven other nations.

The TPP excluded China and was a cornerstone of Obama’s efforts to cement US influence in Asia. China has since signed the regional comprehensive economic partnership with 14 other countries, a trade agreement that excludes the US and covers about 30% of the world economy.

Biden has promised to go into more detail about what agreements he would support after his inauguration, but has repeatedly stressed the importance of working with allies to establish the “rules of the road” of world trade.

Categories
Entertainment

5 Issues to Do This Weekend

In normal times, the Alvin Ailey American Dance Theater now camped in downtown New York for a month, which aroused awe and brought joy. This year everything is virtual: a mix of archive and newly filmed video, complemented by conversations, available free of charge on the company’s website, YouTube channel and Facebook page.

One or two new programs will be released each week of the season through December 31st and will stay online for a week thereafter. Programs on offer this weekend include one dedicated to star couple Glenn Allen Sims and Linda Celeste Sims, who are retiring this year, and a presentation, Dancing for Social Justice, featuring works by Kyle Abraham and Jawole Willa Jo Zollar.

Then on Monday comes the season’s big premiere, a video piece by company-based choreographer Jamar Roberts. Charlie Parker plays in honor of the 100th birthday of this jazz legend and is called “A Jam Session for Troubling Times”. That sounds exactly as the doctor ordered.
BRIAN SEIBERT

If you haven’t seen Will Arbery’s “Heroes of the Fourth Turning” during its New York premiere, the Wilma Theater in Philadelphia shot a version in a quarantine bubble at the Poconos, and you can’t miss it.

I encountered this production with fresh memories of the production I saw last year and was fascinated by what I hadn’t noticed from my orchestra seat. Arbery’s words grew more urgent; His characters – a group of conservative friends at a house party – were brought to life with urgency. Her need to understand why her pleas were being ignored by liberals became palpable.

They were literally in my living room.

The director Blanka Zizka and the excellent cast (Sarah Gliko is a miracle) took this unthinkable circumstance into account, as did the camerawork (by cameraman Jorge Cousineau) that made the abyss appear within reach. In the darkness of my Brooklyn apartment, I was ready to dive.

“Heroes” can be streamed until Sunday. Tickets are $ 37. After the purchase, the theater sends a link that allows a viewing.
JOSE SOLÍS

children

In Charles Dickens’ “A Christmas Carol” the ghosts materialize mainly from the ether in Scrooge’s residence. On Sunday they will appear in some homes using a 21st century method: zoom.

The occasion is the Winter Family Fair, a free virtual version of the Morgan Library & Museum’s annual homage to Victorian England. First, curator Philip Palmer will take a closer look at the handwritten manuscript of the novel, which the museum exhibits each year. (Ghost stories were once as popular around Christmas trees as they were around the campfire.) Then the Grand Falloons will present an abridged adaptation of this story about holiday salvation with characters like Scrooge, Bob Cratchit and Dickens himself.

The celebration ends with a project inspired by the Morgan exhibition, Betye Saar: Call and Response: Using household materials, participants will assemble a family symbol that will express hopes for the New Year.

Attendees must register for the event, which runs from 2:00 p.m. to 3:30 p.m. – apparently, not all ghosts work at night.
LAUREL GRAEBER

jazz

Members of the opening class of M3 showcased the fruits of their collaboration in free Zoom Sessions – Partial Concert, Part Q. and A. – hosted by journalist Jordannah Elizabeth on jazzmuseuminharlem.org. The second and final session on Saturday at 7pm Eastern Time will feature pieces from three different duos – Eden Girma and Anjna Swaminathan, both singers and multi-talented instrumentalists; Erica Lindsay on saxophone and Serpa on vocals; and the drummer Lesley Mok and the cellist Tomeka Reid – a mixture of electronic and acoustic instrumentation, text recitations and abstract sound. To receive a link to the event, attendees must register on their Eventbrite page.
GIOVANNI RUSSONELLO

comedy

If you miss shows like “@midnight” where funny people traded Zinger for points and your approval, Chase Mitchell and Sean O’Connor’s “The Fun Time Boys Game Night Spectacular” is the online event you attended waiting for.

In “Fun Time Boys,” O’Connor, the former chief writer of “Lights Out With David Spade,” plays host, Mitchell is its staunch sideman, and the name of the game is Quiplash. Players take turns as two of them respond incredibly absurdly to even more absurd prompts such as “What’s the hardest part of fighting a killer doll?” Give. and “The Strangest Celebrity Demand in a Driver Contract: The Green Room MUST have ____.” The other participants and the audience vote for the answer that they like best.

Mitchell and O’Connor will be joined by Kurt Braunohler, Taran Killam, DC Pierson, Blair Socci and Niccole Thurman for their final show in 2020. The action begins Friday at 10 p.m. Eastern Time on the Hold the Phone Comedy channel on Twitch.
SEAN L. McCARTHY

Categories
Business

CVS Well being has 10,000 staffers able to vaccinate seniors at nursing houses

Larry Merlo, chief executive of CVS Health, said the company was ready to deliver “vaccines into the arms of some of our most vulnerable populations” within 24 to 48 hours of receiving its share of Covid-19 vaccines.

“We are ready to go. We are in great shape and as I mentioned, people are excited to be an important part of this solution,” Merlo said in an interview on CNBC’s Squawk Box on Thursday.

Merlo said the company has 10,000 health professionals ready to take the shots in nursing homes and assisted living centers. He said the company has “hired individuals” to help with Covid-19 testing since this pandemic began. And he added it has experience with seasonal flu vaccinations in long-term care facilities.

The government signed a contract with CVS and Walgreens in October to give the coronavirus vaccinations to residents and employees of long-term care facilities across the country. The vaccines are free and are administered in on-site clinics at each location, according to the Department of Health and Human Services.

As part of the massive effort, CVS and Walgreens had to ensure they had enough staff to fan into the centers and expedite the process.

Merlo said the company has reached out to pharmacy schools to help find and recruit pharmacists, pharmacy technicians and pharmacy interns. He said there are also hired health professionals who are retired but still have their licenses and are willing to work part-time.

He said all CVS pharmacies already have refrigerators and freezers that can store five of the six vaccine candidates at the right temperature. He said only one of the six vaccine candidates – Pfizer’s – would require special storage.

The Pfizer vaccine will be distributed in special thermal mailers that can help achieve a 15-day life cycle, Merlo said. It can then be stored for an additional five days in the drugstore’s typical refrigeration facility, which can either freeze or chill, he said.