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Politics

Pence plans to attend Biden’s inauguration.

Vice President Mike Pence will attend the inauguration of President-elect Joseph R. Biden Jr. on Jan. 20, an adviser to the Vice President said on Saturday, a split over President Trump’s decision not to go.

The adviser revealed the decision four days after Mr Pence crouched for cover in the Capitol complex when a crowd of Trump supporters who attended a rally with the president passed the building during certification of the electoral college’s votes.

Mr Trump confirmed on Friday that he would not attend the inauguration.

Mr. Pence was always more likely to attend the inauguration than Mr. Trump, who would almost certainly skip the ceremony. But after the events at the Capitol on Wednesday in which five people died, the decision was awaited by Mr Pence.

Mr Biden said this week that he was glad not to have Mr Trump there, but that Mr Pence was “welcome” and that it would help with the transition. Mr Trump had publicly and privately pressured Mr Pence to revoke the certifications and toss them back to the states so that Mr Trump could try to reverse the results in states that Mr Biden had won.

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Politics

Biden Plans Coronavirus Vaccination Blitz After Inauguration

The biggest problem so far has not been the shortage of vaccines, but the difficulty state and local governments face in distributing their doses. Capacity and logistics, not bottlenecks, prevent vaccine delivery.

Dr. Leana S. Wen, an emergency physician and public health expert at the George Washington University School of Public Health, said she was surprised and concerned about Mr. Biden’s new strategy.

“This is not the problem we are trying to solve right now,” said Dr. Whom.

At a press conference on Friday, Dr. Stephen M. Hahn, the FDA commissioner, states that have used only a small portion of their offerings to vaccinate lower priority groups while continuing to adhere to government guidelines. Most states still prioritize frontline health workers and older Americans in group housing settings.

Expanding audiences “will go a long way towards using these vaccines appropriately and getting them into the arms of individuals,” said Dr. Rooster.

Biden’s advisors did not discuss the rest of their plan to revise vaccine distribution. More details will be released next week. Mr Biden has always promised a far more muscular federal response than Mr Trump’s approach of leaving it to states, and he outlined his vision in public appearances and interviews with local radio stations as he fought for Georgia candidates for the Democratic Senate earlier this week .

“Our plan will focus on getting shots in the arms through, among other things, introducing a radically new approach, creating thousands of government-run or state-sponsored community vaccination centers of various sizes in places like high schools and NFL stadiums “said Biden during an interview with WFXE-FM in Columbus, Ga.

“And,” he continued, “they can be directed by federal workers, contractors and volunteers, including FEMA, the Emergency Management Group, Centers for Disease Control, the US military and the National Guard.”

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Politics

Trump price range chief refuses to direct workers to assist with Biden spending plans

Acting Director of the Office of Management and Budget (OMB) Russell Vought speaks to reporters during a press conference at the White House in Washington, the United States, on March 11, 2019.

Jonathan Ernst | Reuters

The head of the White House budget office on Thursday refused to direct staff and resources to help with the incoming Biden administration’s spending plans in an escalating dispute over the bureau’s responsibilities during the transition process.

Russ Vought, Office of Management and Budget Director, pushed back allegations of disability made by President-elect Joe Biden’s transition team, adding that his agency will not partner with alleged efforts to “dismantle” Trump administrative policies.

“Our system of government has a president and an administration,” said Vought in a letter to Biden’s interim chief Ted Kaufman.

Vought’s letter, posted publicly on his Twitter account, fueled the smoldering dispute between President Donald Trump’s administration and the incoming Biden team.

Biden spokesman Andrew Bates in a statement called it “unacceptable” amid a time of economic hardship, “hampering the US government’s ability to budget and efficiently aid those most in need, in particular explicit reasons. ” , declared partiality. “

“The last two paragraphs of this letter confirm exactly what the transition said yesterday and contradict the opening of the letter with an openly political admission of what is really happening – given the way OMB works during each change of president for decades,” said Bates . “The president-elect will continue to work in good faith to get our country out of this emergency as soon as possible. There is a responsible approach.”

In a speech Monday, Biden highlighted OMB and Defense Department leaders for putting up “roadblocks” that are hindering his efforts to prepare for the presidency.

“Right now we just don’t get all of the information we need from the outgoing administration in key national security areas,” Biden said at the time. “In my opinion, it’s nothing less than irresponsibility.”

Acting defense chief Christopher Miller responded later that day, saying in a statement that the Pentagon’s efforts “have already exceeded those of the youngest administrations in more than three weeks”.

In a virtual briefing on Wednesday, the new White House press secretary Jen Psaki and Biden’s advisor Yohannes Abraham criticized these agencies again.

“There is no question that the process will be delayed by what we’ve seen from the outgoing OMB,” said Abraham. “It takes many man-hours to prepare the budget and requires the analytical support that was part of OMB’s commitment to previous transitions that we did not receive.”

In the past, the OMB provided incoming administrations with economic and budgetary information well in advance of Inauguration Day in order to prepare them for the swift presentation of the new President’s budget. The document is technically due on the first Monday in February, but has been delayed in the past.

Bloomberg reported earlier Thursday, citing people familiar with the matter, that Vought was preventing members of the Biden team from meeting with household officials to finalize and publish new regulations before the Trump administration comes to an end.

In his letter to Kaufman, Vought said the record shows that “OMB has fully participated in reasonable transition efforts.”

Vought said the budget agency held more than 45 meetings with Biden staff and provided “all information requested” about ongoing programs. He also said Biden’s team was briefed on the Trump administration’s coronavirus relief efforts, including Operation Warp Speed, the White House’s vaccine development and distribution plan.

“What we didn’t and won’t do is use current OMB staff to write this [Biden transition team’s] Legislative proposals to dismantle the work of this government, “Vought said in his letter.

“OMB staff are working on the policies of this administration and will continue to do so through the last day of their term. Redirecting staff and resources to develop your team’s budget proposals is not the responsibility of the OMB transition.”

Vought added, “OMB will not get involved in developing strategies that weaken border security, undermine the president’s deregulatory successes, and draft budgets that will bankrupt America.”

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Politics

Unemployment Help Set to Lapse Saturday as Trump’s Plans for Aid Invoice Stay Unclear

“Why shouldn’t politicians want to give people $ 2,000, just $ 600?” he said on Twitter, possibly referring to his own party’s move on Thursday to block a House Democratic bill that would have increased the amount of direct payments to $ 2,000. “It wasn’t their fault, it was China. Give the money to our people! “

Updated

Apr. 25, 2020, 7:16 am ET

Mr Trump was largely uninvolved in the legislative negotiations, but Treasury Secretary Steven Mnuchin is believed to have negotiated on behalf of the President.

The aid bill also includes billions of dollars to help states distribute coronavirus vaccines, a replenished small business loan program, and airline aid. It was passed along with a spending measure to keep government funding going for the remainder of the fiscal year. The cost of the combined package is $ 2.3 trillion.

Treasury officials had expected the president to sign the bill this week and planned to overhaul the Christmas break to restart the small business paycheck protection program and push payments through direct deposit through early next week. However, all of this is now suspended.

The second stimulus

Answers to your questions about the stimulus calculation

Updated December 23, 2020

Legislators agreed to a plan to provide $ 600 stimulus payments and distribute $ 300 federal unemployment benefits for 11 weeks. Here you can find out more about the bill and what’s in it for you.

    • Do I get another incentive payment? Individual adults with adjusted gross income on their 2019 tax returns of up to $ 75,000 per year would receive a payment of $ 600, and heads of household up to $ 112,500 and a couple (or someone whose spouse died in 2020) would receive up to to earn $ 150,000 per year Get double the amount. If they have dependent children, they will also receive $ 600 for each child. People with incomes just above this level would receive a partial payment that decreases by $ 5 for every $ 100 of income.
    • When could my payment arrive? Treasury Secretary Steven Mnuchin told CNBC that he expected the first payments to be made before the end of the year. However, it will take a while for everyone to receive their money.
    • Does the agreement concern unemployment insurance? Legislators agreed to extend the length of time people can receive unemployment benefits and restart an additional federal benefit that is on top of the usual state benefits. But instead of $ 600 a week it would be $ 300. That would take until March 14th.
    • I am behind on my rent or expect to be soon. Do I get relief? The deal would provide $ 25 billion to be distributed through state and local governments to help backward tenants. In order to receive support, households would have to meet various conditions: the household income (for 2020) must not exceed 80 percent of the regional median income; At least one household member must be at risk of homelessness or residential instability. and individuals must be eligible for unemployment benefits or face direct or indirect financial difficulties due to the pandemic. The agreement states that priority will be given to support for lower-income families who have been unemployed for three months or more.

Lawmakers in Congress and White House officials have indicated that they are unsure whether Mr. Trump will give in and sign the legislation, formally veto it, or simply not sign it. While Congress could potentially override Mr Trump’s veto, the next Congress would have to reintroduce the legislation early next year and vote on it when it sits on the bill – a so-called pocket veto.

California Democrat spokeswoman Nancy Pelosi said she would hold a roll-call vote Monday on direct payments legislation that would meet Mr. Trump’s $ 2,000 direct payment request and put pressure on Republicans who oppose such high payments. Congress could also be forced to pass another emergency measure to avoid a shutdown.

Official figures released this week showed continued stress on the economy as personal incomes fell and unemployment claims remained high. Another 398,000 people applied for Pandemic Unemployment Assistance, one of two federal programs to expand unemployment benefits that will be phased out.

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Business

Prisoners have been excluded from Covid vaccine plans

A protester waves a “Black Lives Matter” flag across the street during the demonstration. Representatives from various organizations, including Free the People Roc and HALT (Humane Alternatives to Long-Term), traveled to Elmira correctional facility from across the state to protest the conditions inmates were exposed to during the Covid-19 pandemic. Elmira, NY State Prison has seen a rash of coronavirus cases.

Kit MacAvoy | SOPA pictures | LightRocket via Getty Images

LONDON – The US and UK have already started rolling out their national coronavirus vaccination programs to help contain the spread of the virus. However, health professionals and activists are deeply concerned about the notable lack of prison populations in existing guidelines.

The U.S. Centers for Disease Control and Prevention has not yet made decisions about prisoners regarding access to vaccines, although it is believed that prison staff could be included in the second phase of the allocation. The US CDC was not immediately available for comment when contacted by CNBC.

In the UK, the Joint Vaccination and Immunization Committee has stated that the top priority of the Covid-19 vaccination program should be to prevent death and help maintain health and welfare systems.

The JCVI guidelines do not specifically mention prisons, but it is assumed that the allocation plans will be applied in a manner similar to those in detention.

Both countries have been administering the first vaccinations with the Pfizer BioNTech vaccine outside of the trial conditions in the past few days, raising hopes that mass adoption of safe and effective vaccines could end the coronavirus pandemic soon.

With coronavirus cases and related deaths continuing to surge, experts are questioning the ethics of how governments plan to distribute the first vaccines.

“We face a major dilemma here,” said DeAnna Hoskins, president and CEO of JustLeadershipUSA, a national judiciary reform organization trying to cut the US prison population in half.

Speaking at a webinar at Chatham House earlier this month, Hoskins said people incarcerated are “still fewer than people … and that’s how we react when we talk about vaccine access.”

Covid hotspots

Health officials have for years warned of the dangers of epidemics for detainees, arguing that people are unable to maintain a safe physical distance in correctional facilities due to their confinement in small common areas.

The coronavirus pandemic turned America’s prisons and prisons into Covid hotspots. People in prison are almost four times more likely to be infected than people in the general population – and twice as likely to die, according to a study by a criminal justice commission.

If the biggest trouble spots for Covid are prisons, doesn’t it make sense to vaccinate everyone from guards to prisoners?

Ashish Prashar

Judicial Reform Lawyer

“From my point of view and the information we have, we need to consider where prisoners fit in relation to other high-risk groups in terms of their risk. At first glance, prisoners would be at high risk for several reasons.” Seena Fazel, Department of Psychiatry at Oxford University, said in a report published Dec. 12 in The Lancet Medical Journal.

Fazel said prisoners were at high risk of contracting the coronavirus due to the underlying chronic medical conditions, age and the environment. He cited a systematic review of prison settings by his team that identified correctional facilities as high risk for infectious disease transmission with significant challenges in managing outbreaks.

“Our research suggests that people in prison should be among the first groups to receive a COVID-19 vaccine to protect themselves from infection and prevent the disease from spreading further,” he said.

A view of a new emergency care facility being built to treat COVID-19 infected inmates at San Quentin State Prison on July 8th, 2020 in San Quentin, California.

Justin Sullivan | Getty Images News | Getty Images

The CDC has recommended vaccinating those at an increased risk of infection and mortality for the coronavirus early. However, federal officials say correctional staff should be given priority access to a vaccine, but have not yet spoken out in favor of prisoners being given the same allocation.

Arthur Caplan, a professor of bioethics at New York University’s Grossman School of Medicine, said in the report released by The Lancet that he disagreed with plans to vaccinate prison staff only.

“If you are at risk and older or sick, you should just get vaccinated. If you are in a state where you cannot isolate yourself, you should get vaccinated. I see no reason to distinguish them.”

Racial differences

“If the biggest trouble spots for Covid are prisons, doesn’t it make sense to vaccinate everyone from guards to prisoners?” said Ashish Prashar, a judicial reform attorney and senior director of global communications for Publicis.

Speaking at the December 4th webinar at Chatham House, Prashar said, “All the guards, all health workers, all people going to and out of prison are spreading it to society. Wouldn’t you start on?” Hotspots and stop them? And take care of these people first? “

A nurse holds a sign during a protest by the nurses at Rikers Island Prison about the conditions and threat of the coronavirus on May 7, 2020 in New York City.

Giles Clarke | Getty Images News | Getty Images

Mass incarceration in the United States does not affect all communities equally, as African Americans are disproportionately incarcerated in US correctional facilities.

In addition to racial disparities within the U.S. criminal justice system, an updated CDC report earlier this month found that Hispanics and Black Americans, age-adjusted, were nearly three times more likely to die of complications from the coronavirus than white Americans.

“Half a million people haven’t been convicted of a crime, but we’ve taken their liberty away,” said Celia Ouellette, founder and executive director of the Responsible Business Initiative for Justice, a nonprofit group that advocates greater security about criminal justice systems and security Imprisonment. Her comments related to those in the US who have not been convicted of a crime but are being held in prisons.

“So there is a moral obligation to treat these people just like the surrounding community – or possibly better because they do not have the same access as the surrounding communities.”

“We need to stop thinking of inmate populations as a category of people and see them as people, as we do in the prisons and jail communities,” Ouellette said at the same webinar at Chatham House.

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World News

Chipmaker SMIC inventory falls as co-CEO plans to resign, it faces MSCI elimination

A close-up of a CPU socket and motherboard lying on the table.

Narumon Bowonkitwanchai | Moment | Getty Images

China was on the way to becoming more independent in semiconductors. This move has accelerated in recent years as tensions with the US increased. SMIC is key to China’s ambitions.

However, Washington has tried to make it harder for Chinese industry to catch up. The US reportedly imposed sanctions on SMIC in September that made it difficult for it to acquire the American technology it needed. That month, SMIC was blacklisted as suspected Chinese military companies in the US.

Hong Kong-listed SMIC shares fell 4% at around 2:59 p.m. local time. The company’s Shanghai-listed shares fell around 5.5%.

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Business

Disney to Reveal Plans to Turbocharge Streaming Choices

LOS ANGELES – A major expansion of the Star Wars universe. Tom Hanks as Geppetto in a live action “Pinocchio” and Yara Shahidi as Tinker Bell in a live action “Peter Pan & Wendy”. Recordings of new Marvel projects. A star-studded prequel to “The Lion King”.

On Thursday, the Walt Disney Company will discuss a lot of upcoming Death Star-sized content in a four-hour investor presentation focused on streaming – all that and more, said three people with knowledge of the matter, who spoke on condition of anonymity Discussion of private planning.

Some big budget Disney films will continue to show exclusively in theaters. (The “Lion King” project directed by Barry Jenkins, which focuses on Mufasa’s backstory, is a great choice.) Others will debut online. (This is where Pinocchio comes in.) All of them will ultimately serve one goal, namely to empower Disney +, the company’s flagship streaming service.

At a time when streaming is becoming increasingly competitive – and some of Disney’s traditional companies are struggling – Disney hopes to use the virtual event to dazzle Wall Street: here is a 97-year-old company making the leap in creates the hyperspace from direct customers to consumers.

Last month, Bob Chapek, Disney’s CEO, announced that Disney + had reached 74 million subscribers worldwide after just 11 months of operation. (It took Netflix seven years to reach that threshold and now has 195 million customers worldwide.) Since then, Disney + has been launched in Latin America and grown rapidly in India, analysts say. Some estimate that Disney may reveal that the service is within reach of 100 million subscribers.

Disney is also expected to release growth updates to its other streaming platforms, including ESPN +, Hulu, and a new general entertainment offering, Star, which will be rolled out overseas in the coming months.

“The question everyone has now is where to go from here?” Michael Nathanson, founder of media research firm MoffettNathanson, said in a telephone interview. “We expect much more spending on content to make Disney + an always available service that increases pricing power.”

Subscriptions to Disney + are $ 7 per month. The cheapest Netflix plan is $ 9 a month, and HBO Max, a young WarnerMedia service, is $ 15.

Disney declined to comment on this article.

Investors have kissed their lips in anticipation of what Disney will reveal, including projections of subscriber growth. Disney stock is up 32 percent since Investor Day announced in August, compared with Standard & Poor’s 500-stock index, up 11 percent.

Disney was trading at around $ 155 on Wednesday, near an all-time high, although some of its theme park resorts (which are huge money generators) remain closed because of the pandemic. The company laid off 30,000 employees.

Hollywood is keen on the investor presentation as Disney executives have announced that they will be discussing an evolving approach to film distribution. The coronavirus has forced Disney and other studios to postpone the release of more than a dozen major films and redirect others to streaming services. In September, Disney debuted “Mulan” on Disney + as part of a “Premium Access” experiment and billed subscribers $ 30 for perpetual access. Pixar’s latest film, Soul, will be released on Disney + on Christmas Day at no additional cost.

Citing the pandemic, WarnerMedia switched 17 upcoming Warner Bros. films to a hybrid release model last week – arriving on HBO Max and in theaters simultaneously – although some of the films (“Dune”, “The Matrix 4”) not scheduled to come out until the fourth quarter, long after vaccines are expected to be used. The surprise move resulted in a quick and severe setback for the WarnerMedia talent, who felt betrayed by the sudden change. You also get significantly lower paydays.

John Stankey, the executive director of AT&T, which owns Warner Media, described the excitement at a conference Tuesday as “a lot of noise” and predicted that WarnerMedia’s strategy would prove to be “win-win-win”.

Economy & Economy

Updated

Apr. 11, 2020, 6:16 pm ET

In contrast, Disney’s CEO Chapek and Robert A. Iger will not be taking a single approach to movie releases in 2021, according to people who know the company’s plan.

Some titles on Disney’s cinema board will be moved to Disney + at no additional cost. Expect “Peter Pan & Wendy” like “Soul” and “Pinocchio” to debut this way.

Other films will take the “Mulan” route and arrive on Disney + as premium offers. “We have something here in terms of leading access strategy,” Chapek told analysts on a recent conference call. “With our portfolio of services there will be a strategic role.”

And some of Disney’s greatest films will continue to receive exclusive theatrical releases before being added to the company’s streaming services. For example, contrary to popular speculation, Black Widow, a highly anticipated Marvel spectacle, will stay on Disney’s theatrical calendar for May 7th, people with knowledge of the presentation said.

Movies are helpful in attracting subscribers, but TV shows stream customers who pay month after month. To this end, Disney has an abundance of series for its services along the way. These include “Turner and Hooch,” an adaptation of the 1989 film about a detective and his oversized mutt; “Willow”, an adaptation of the large-screen fantasy from 1988; and eight Marvel shows based on characters like Loki and She-Hulk.

Streaming is not yet profitable for Disney – far from it. Direct sales losses were $ 2.8 billion in fiscal 2020. Streaming-related losses are expected to peak in 2022 as rollout costs decrease and content costs normalize. Analysts expect Disney + to be profitable by 2024.

Disney has stated that some of the money for its new content flash will come from programming budgets for its traditional television networks. The company owns the Disney Channel, National Geographic, FX, Freeform and ABC, among others.

“We will be shifting the scale from linear networks to our direct customer business,” said Chapek on the recent conference call.

Analysts pushed for additional details. “Just wait until December 10th,” said Christine McCarthy, Disney’s chief financial officer, on the call. “Hopefully then we can answer all of your questions.”

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Health

Trump Administration Plans a Rushed Effort to Encourage People to Be Vaccinated

“There’s a whip effect,” said Joel White, a Republican strategist focused on health policy. “If Trump makes a big stink out there about people getting the vaccine and needing it, I could see Democrats being turned off – and blacks and Latinos in particular. But if he doesn’t do anything, Trump supporters may not be vaccinated because they would see that as a sign. “

Since the president had Covid-19 he should technically be at the back of the line of people waiting to be shot, but the sight of him being injected could be useful. At the White House, officials said it “certainly will be considered” for Mr Trump to take the vaccine publicly, although they stated that it might not affect public opinion as people know he has recovered. (Experts say those who survived Covid-19 may be at risk of re-infection and could benefit from vaccination.)

Dr. For his part, Fauci intends to “be publicly vaccinated,” he said on Friday, “as soon as the vaccine is available to me” in order to increase public support. Vice President Mike Pence’s advisors are considering when and how he will be vaccinated, and whether he would do so publicly.

Mr Trump’s three presidential predecessors – Barack Obama, George W. Bush and Bill Clinton – have all announced that they are ready to be vaccinated on camera. In 2009, Mr. Obama and his wife, Michelle, put on a public show getting vaccinated against the H1N1 influenza virus and waiting for their turn to wait for the children to get the vaccine.

“People need to understand that this vaccine is safe,” Obama said at the time. A photo was posted on the White House website of him rolling up his sleeve to be shot.

Mr. Biden is already using his platform to encourage Americans to get vaccinated.

“I want to make it clear to the public: This is what you should trust,” he said Friday at an event in Wilmington, Del. “There is no political influence. These are top notch scientists who take the time to look at all of the elements that need to be considered. Scientific integrity has led us to this point. “

Dr. David A. Kessler, a former Food and Drug Administration commissioner who advises the president-elect on the pandemic, said in an interview that the Biden team is working with medical organizations and other groups to find “the most creative.” transparent and effective ways to educate the public, including using a number of respected voices – both local and national.

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Business

UPS and FedEx say plans to ship the vaccine are underway.

UPS and FedEx said they would also put their own tracking tags on vaccine shipments. And Mr. Wheeler told the Senators that every UPS truck that carries the cans will have a device that tracks its location, temperature, exposure and movement. The company’s trucks will also have escorts, he said. It’s not clear if he was referring to the local police or other government officials, or possibly private guards, and the company declined to disclose.

The vaccine delivery kits were put together by McKesson, a medical supplier that has been asked by federal agencies to act as the central distributor of the vaccines and supplies such as syringes and alcohol wipes. Unlike Pfizer, Moderna, whose vaccine could soon be approved, plans to have McKesson package its vaccines alongside supplies, Smith said.

In the case of Pfizer, UPS plans to ship the kits – from a McKesson location in Kentucky – before the vaccine so that errors can be identified with addresses in its system, Wheeler said. The kits include a syringe, a substance used to dilute the vaccines, personal protective equipment, instructions and mixing vials, he said.

Shippers have spent months upgrading the cold store infrastructure for the Pfizer vaccine, which must be stored at minus 94 degrees Fahrenheit. UPS, for example, has installed ultra-low temperature freezers capable of keeping goods as low as minus 112 degrees Fahrenheit near their air freight centers in the US and Europe. Its Louisville hub also plans to produce more than 24,000 pounds of dry ice a day. FedEx has also added ultra-cold freezers to its US network.

The airlines have also prepared to ship the vaccines, working with aircraft manufacturers and the Federal Aviation Administration to safely move more dry ice than is normally allowed. UPS also sends the agency a daily file of their flights so it can prioritize others, Wheeler said. The company is in daily contact with officials involved in Operation Warp Speed, the federal effort to accelerate vaccine development.