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Just one Covid-19 vaccine isn’t enough, says Fauci

Bloomberg The world needs more than one vaccine to tackle the new coronavirus, even as pharma companies race to be the first with a pandemic shot, said US infectious-disease expert Anthony Fauci. “I’d love to see more than one vaccine get to the goal line, as it were,” Fauci, director of the US National Institute of Allergy and Infectious Diseases, ...

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Facebook and Google risk breakups

Bloomberg The UK’s Competition and Markets Authority (CMA) called for sweeping new powers to roll back the dominance of Google and Facebook Inc. in the online-advertising market, a move designed to push global regulators to be more aggressive against the tech giants. The watchdog said a new regime should have the ability to respond far more quickly to digital monopolies ...

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Hertz, creditors in $11b standoff over used cars

Bloomberg Bankrupt Hertz Global Holdings Inc. and its bondholders are squaring off over how to shrink its nearly half-a-million vehicle fleet. Market watchers say the outcome could upend the multi-billion dollar lease-backed ABS industry. The cars are housed in an entity linked to Hertz’s asset-backed securities and leased to the rental giant. Normally, when a company with ABS files for ...

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