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January 22, 2021
Welcome to today's edition of The Reader, a weekly roundup of our stories and insights.
Joe Biden has officially been sworn in as the 46th President of the United States. Here's what his presidency means for the business world. The Senate faces a packed to-do list: COVID, immigration, cabinet nominees—and impeachment This is the man tasked with fixing America’s bungled COVID vaccine rollout Here's when to expect Biden’s $1,400 stimulus check Financial implications will be weighed as the D.C. statehood debate rages on Here's a state-by-state breakdown of vaccination rates as Biden takes over
Read on for more stories. Clifton Leaf
MUST READ Biden’s not done signing executive orders—here’s his agenda for the next 9 days
A flurry of further executive orders is expected to follow, according to a memo sent out Saturday by White House chief of staff Ron Klain.
BY ARIC JENKINS JANUARY 21, 2021
FINANCE
Stocks see biggest Inauguration Day pop since Reagan as Biden is sworn in
BY ANNE SRADERS JANUARY 21, 2021
ECONOMY
Biden’s economic plan rests on a daring wager that rates stay low. But watch out if they don’t
Put simply, what Biden is proposing amounts to one of the most daring wagers ever in U.S. economic policy. BY SHAWN TULLY JANUARY 18, 2021
POLITICS
Biden’s inauguration plunges conservative social media into mourning and more conspiracies
Some promoted new conspiracy theories that suggested the battle for the White House wasn’t over. BY DANIELLE ABRIL JANUARY 20, 2021
MUST WATCH What a Biden administration will mean for the business world
Fortune's Geoff Colvin explains why Joe Biden's presidency will be a mixed blessing for the business world.
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48% ... of U.S. adults would like to see the federal government break up at least one Big Tech firm. That includes 62% of Republicans and 40% of Democrats.
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From the archives
“The most common vaccine production method uses chicken eggs. This process takes about five months, according to GlaxoSmithKline. Millions of fertilized eggs are used as a culture to grow influenza viruses, which are then harvested, purified and packaged into vials. Manufacturers and the FDA then test for potency and safety before shipping the lot releases around the country.
This method has been in practice since the 1950s. It’s slow and tedious, especially given the challenges. Firstly, manufacturing relies on the availability of enough fertilized eggs. If egg supplies were ever compromised it would affect our ability to produce enough serum. Second, some flu strains don’t grow that well in chicken eggs and undergo undesirable mutations that affect the potency of a seasonal vaccine.” —After 70 years, why aren’t we better at developing flu vaccines?, Laura Lorenzetti, February 2015
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