Bloomberg - Evening Briefing - The vaccine war

Covid-19 cases in the U.S. are rising again, reversing months of progress thanks to fast-spreading variants and loosened restrictions. The outlook for the European continent is also darkening as the battle for vaccine supply heats up and countries seek more precious shots. The European Union is ready to start withholding doses from the U.K., risking a sharp deterioration in its already Brexit-damaged relations with London. Across the pond, the country that’s consistently led the world in Covid casualties has finally done something right. After a year of catastrophic mistakes, vaccinations in America are accelerating and stockpiles growing. Part of that is due to an old law that’s so far prevented vaccine exports, though President Joe Biden did give millions of doses to Mexico and Canada. Soon, there will be a new generation of coronavirus vaccines without needles, and despite the storm clouds, nations reliant on tourism are hoping to revive travel with the help of the inoculated. Vaccine passports are fast becoming the new golden ticket.

What youll want to read this weekend

The costs of the Suez Canal blockage are mounting. Several vessels have changed course to take the more expensive route around Africa and avoid the massive container ship stuck in the sand. Even the price of your morning cup of joe looks set to rise as a result.

Vessels waiting to enter the Suez Canal, blocked by the Ever Given, top left.

Wall Street is trying to show its kinder side to the junior ranks, and Jefferies is so busy that it’s adding young bankers. Meanwhile, here are some tips on how to win back your boss if you've had a lousy performance review.

Red-hot black-check stocks have cooled now that U.S. regulators are taking a look. But WeWork has agreed to a $9 billion deal, and a Cathie Wood fund has bought into a Serena Williams-backed SPAC.

New York City is planning for Broadway shows to reopen in September, and New York state is ready to legalize recreational marijuana. But jetting off for a European vacation may have to wait until 2022, Andrea Felsted writes for Bloomberg Opinion.

Even if you’re not able to travel yet, it may be worth booking some crazy deals. And if you end up in Asia, these are the 50 best restaurants.

Odette restaurant at the National Gallery in Singapore.

Photographer: Nicky Loh/Bloomberg

What youll need to know next week

  • Biden to unveil his plan to resuscitate the U.S. economy.
  • U.S. government may turn over Trump’s taxes to Congress.
  • The WTO’s global outlook will highlight U.S.-China supply chains.
  • Voting closes in the Amazon unionization drive in Alabama. 
  • Europe’s clocks change, so NYC is five hours behind London again.

What youll want to read in Businessweek

Little Brown Pill May Transform the Covid Fight

Even as vaccines are rolling out worldwide, the coronavirus and its mutations still pose a major health threat. Antiviral drug molnupiravir, still in clinical trials, would give doctors an important new weapon against coronaviruses and future pandemics. This is how it works.

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Georgia outrage

Friday, March 26, 2021

Bloomberg Follow Us Get the newsletter It appears that the giant ship blocking the Suez Canal is going to be stuck for a lot longer. Even with an elite team trying to extricate it, experts said the

‘Un-American’ and ‘sick’

Thursday, March 25, 2021

Bloomberg Follow Us Get the newsletter US President Joe Biden had his first press conference on Thursday, promising to double the goal of 100 million Covid-19 shots during his first 100 days in office.

Crisis in the Suez Canal

Wednesday, March 24, 2021

Bloomberg Follow Us Get the newsletter US Vice President Kamala Harris has a big new job courtesy of President Joe Biden: revamping America's immigration policy. A continuing influx of migrants has

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Bloomberg Follow Us Get the newsletter Wall Street firms are lining up to show their kinder, gentler side as a pandemic-fueled malaise weighs on employees. Following a mea culpa from Goldman Sachs

Infections are rising again

Monday, March 22, 2021

Bloomberg Follow Us Get the newsletter The financial services industry is bracing for a historic disruption, this time at the hands of the Federal Reserve. Banks, credit card companies and digital

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