1)
From
ABC News, I am Michelle Franzen. A COVID
vaccine from Pfizer will be reviewed tomorrow by the FDA. It could be the start of the US turning the
corner in this pandemic. Colorado’s
Governor Jared Polis, one of the many state leaders anticipating the first
doses once approved; “And we’re ready. Last
week we got confirmation that Colorado’s first allocation should be 46,800 doses
of the Pfizer vaccine.”
2)
But heath experts are warning that the
initial round will not help the surge of cases and hospitalizations playing out
now nationwide. California has
stay-at-home orders. The state topping
30,000 cases in just the past day.
3)
The House approved the one-week funding bill
to avert a government shutdown just moments ago. It moves on now to the Senate. It will also give lawmakers some time to
strike a deal on a new COVID relief package remaining benefits under the CARES Act
expired at the end of this year.
4)
President-elect
Joe Biden formerly named his choice for defense secretary. “Retired General Lloyd Austin understands he
will no longer be in armed forces enlisted member, but a civilian, answering to
the president and the voters, ‘with a deep appreciation, and reverence for the
prevailing wisdom of civilian control of our military’. General Austin used to first as an
African American, and if confirmed, becoming the nation’s only black defense
secretary. Andy Field, ABC News,
Washington.”
5)
The
federal government and nearly every state hitting Facebook with lawsuits. “The Federal Trade Commission asked a judge
to order Facebook to divest its Instagram and WhatsApp services to restore
competition to social networking. ‘It’s
really critically important that again we block this predatory acquisition of
companies’; New York Attorney General Tish (Letitia) James and 45 other state
attorneys general filed a related lawsuit that accused Facebook of abusing its
market power to crash rivals. ‘By
restoring competition of lawsuits, we hope consumers have alternatives to Facebook.’ Facebook said the government cleared its acquisitions
years ago, and now wants to do-over.” You’re
listening to ABC News.
6-1)
I’m Connell McShane. This is the Fox Business report.
“Stocks finishing lower as investors away
progress on a fresh economic stimulus deal at Washington. Big tech companies among the biggest laggers,
drugging down the tech heavy Nasdaq. The
Dow winners; Home Depot, 3M, Goldman Sachs.
The decliners; Apple, Boeing, Salesforce. On Wall Street by the numbers, the Dow
finishing off 109, the Nasdaq down 244, while the S&P is down 30.
6-2) Shares of DoorDash surging on the first day
of trading on Wall Street after the food delivery company completed one of the
biggest initial public offerings for the year.
The company closing in 187 bucks, which is over 83% up from the IPO
price.
6-3) Facebook stock falling 2%. The company was hit with lawsuits from (for)
Federal Trade Commission in 48 states. They
claim the social media giant is committing anti-competitive acts that put its
rivals out of business.
That’s
your Fox Business report. I’m Tom Gram,
invested in you.”
