U.S. Daily Covid Vaccinations Rise by Record 1.25 Million
The tally of Covid vaccine doses administered in the U.S. rose by 1.25 million Monday, a record daily gain amid what’s been an otherwise slow rollout of the shots.
Bloomberg is counting vaccine doses administered in the U.S. and around the world, collecting data from state vaccine reports and the Centers for Disease Control and Prevention. Because the CDC and some states don’t report on the weekend, Monday’s tally includes catch-up from prior days.
Since the U.S. began administering vaccines on Dec. 14, 9.27 million doses have been given, and at least 379,862 people have gotten their second shots. Early vaccination efforts have focused on health-care workers, but complaints about the slow pace has prompted some governors running the programs to expand them to more groups.
Click here to read Bloomberg’s vaccine tracker.
Mike Pence’s Final Trump Brag Gets Hit With An Immediate Fact-Check
Vice President Mike Pence on Sunday tried to brag about one of the supposed military accomplishments of President Donald Trump.
It didn’t go well.
Pence boasted that the Trump administration didn’t get in any new wars.
“That’s Peace through Strength,” he tweeted:
But as Pence’s critics quickly pointed out, the Trump administration is currently in a losing battle with the coronavirus, which has sickened nearly 24 million and killed close to 400,000 Americans.
There’s also another issue: Trump supporters stormed the U.S. Capitol earlier this month in a violent and deadly insurrection egged on by the president that turned the halls of Congress into a virtual war zone.
That violence, and the threat of new violence, has led to a massive military presence in Washington, D.C. ahead of the inauguration of President-elect Joe Biden this week.
Twitter users offered up some corrections to Pence’s claim:
Apollo Talks to Acquire Orbia’s Vinyl Business Collapse
Apollo Global Management Inc.’s talks to acquire the vinyl business of Orbia Advance Corporation SAB de CV, the conglomerate formerly known as Mexichem, have collapsed, according to people with knowledge of the matter.
The New York-based private equity firm was nearing an agreement valuing the unit at $2 billion or more before Orbia’s controlling family ended the talks, said the people, who asked not to be identified because the matter was private.
Representatives for Orbia and Apollo declined to comment.
Mexico City-based Orbia had also received interest in the vinyl unit from Ineos Group and Westlake Chemical Corp., Bloomberg News has reported. The business makes compounds used in industries including construction, manufacturing and consumer goods.
Orbia had hired an adviser to look at options for the unit as part of a pivot away from chemicals and toward businesses focused on agriculture, water and infrastructure.
Chief Executive Officer Daniel Martínez-Valle announced his resignation this week and will be replaced on Feb. 1 by Sameer S. Bharadwaj, currently president of Orbia’s fluor and polymer solutions unit.
— With assistance by Michael O’Boyle
UFC 257 live blog: Real-time updates from the Conor McGregor-Dustin Poirier fight night – The Denver Post
Live updates, tweets, photos, analysis and more from UFC 257 on Jan. 23, 2020. Conor McGregor will face Dustin Poirier in the main event.
Mobile users, if you can’t see the live blog, tap here.
RBI Open to Consider a Bad Bank If There’s a Proposal, Das Says
The Reserve Bank of India is open to examining any proposal to set up a bad bank, Governor Shaktikanta Das said, days after the authority forecast a surge in soured assets.
“If any proposal comes we are open to examining it and issuing the regulatory guidelines but it’s for the government and the private sector players to really plan for it,” Das said, following a speech on financial sector stability on Saturday. “If there is a proposal — please mark my words — if there is a proposal for setting up a bad bank, RBI will examine and take a view on that.”
State Bank of India, the nation’s biggest lender, and peers are discussing a potential proposal, Rajnish Kumar, who headed the bank at the time, said in May. Economic Affairs Secretary Tarun Bajaj last month said the government is exploring all options including setting-up a bad bank to improve the health of the country’s financial sector.
Previous central bank governors hadn’t supported the idea given that state-run lenders already hold the bulk of soured assets. The banking sector’s bad loan ratio is forecast to rise to 13.5% by September from 7.5% a year ago as the pandemic worsened an economic slowdown.
— With assistance by Anirban Nag
Stock Alert: XPeng Trading 14% Higher
Shares of Chinese electric vehicle maker XPeng Inc. (XPEV) are rising more than 14% Tuesday morning on the news of it signed a strategic cooperation agreement with leading domestic banks to obtain a credit line of RMB12.8 billion.
Under the terms of the Agreement, five domestic commercial banks including the Agricultural Bank of China, the Bank of China, China Construction Bank, China CITIC Bank and Guangzhou Rural Commercial Bank will provide credit facilities to the company.
XPEV is currently at $50.83 and has traded in the range of $17.11- $74.49 in the last one year.
One dead, one critically injured in Commerce City shooting Saturday
One person was killed and another is in critical condition after a Saturday morning shooting.
An adult man was pronounced dead at the scene of the shooting in the 11200 block of East 96th Place, according to Commerce City Police. An adult woman was taken to a hospital in critical condition.
Police are still investigating the shooting, which was reported at about 7:50 a.m. Saturday, but don’t believe the general public is in danger.