Alexander Koerner/Getty Images
Pfizer and Moderna could earn $32 billion in revenues from their COVID-19 vaccines in 2021 alone, according to Wall Street estimates.
Pfizer and its German partner BioNTech are set to make roughly $19 billion, according to Morgan Stanley estimates, which project the companies could make almost $30 billion in vaccine revenues by the end of 2023.
Pfizer expects to supply up to 1.3 billion doses of its shot in 2021, while Moderna expects to manufacture between 500 mil
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Pfizer and Moderna could earn $32 billion in revenues from their COVID-19 vaccines in 2021
-
6 last-minute tips for organizing your virtual office holiday party, from professional event planners
Celia Brooks is a London-based American TV chef who pivoted her food tour business to online during COVID-19.
Celia Brooks
As offices around the world remain closed this winter due to the pandemic, many end-of-year and holiday parties are being planned virtually.
Professional event planners say it's important to ask and learn how your employees want to celebrate this year — or if they want to have a party at all.
Timing is also important — a party during the day can increase turnout -
Experts say these 9 specialty retailers are the most promising M&A targets in 2021
REUTERS/Carlo Allegri
Coronavirus hit retailers hard in 2020, and 2021 is likely to start on a similarly grim note, even for retailers that had viable businesses before the pandemic.
After the holidays, some of these retailers might look seriously at finding buyers who can get them through the rest of the pandemic and help chart a new course afterward.
Here are 9 retailers and brands that analysts say could be attractive targets for rivals, private equity firms or even landlords as we enter the -
Putin installed a replica of his Moscow office at his beachside retreat so he could pretend to be in the thick of things while shielding from COVID-19, report says
Russian President Vladimir Putin chairs a meeting via a teleconference call on August 11, 2020.
ALEXEY NIKOLSKY/SPUTNIK/AFP via Getty Images
Russian President Vladimir Putin had a replica of his Moscow office secretly installed at his beachfront retreat, according to the Proekt investigative news outlet.
The Kremlin says Putin is working from the Novo-Ogaryovo palace near Moscow, but Proekt said that he secretly fled to the Black Sea palace of Bocharov Ruchey this summer.
Kremlin spokesman Dmit -
Sweden's neighbours offer them emergency help as its hospitals fill up with coronavirus patients
Getty
Sweden's neighbours have offered the country help as intensive care units in Stockholm fill with coronavirus patients amid an alarming second wave of infections.
Sweden is grappling with an alarming second wave of coronavirus infections.
A senior Swedish doctor last week warned that he was unsure if 'exhausted' healthcare workers would have the capacity to treat the same number of ICU patients as they did at the peak of Sweden's first coronavirus wave.
A Swedish official said the governmen -
An Apple TV Plus series about Gawker Media was axed after Tim Cook found out about it
Apple CEO Tim Cook.
MANDEL NGAN/AFP via Getty Images
Apple has canceled plans to make a TV series about Gawker Media after its CEO Tim Cook expressed a negative view about the media company, The New York Times reported Sunday.
After finding out about "Scraper," Cook emailed an Apple executive, the Times reported, citing two people briefed on the email. Cook was surprised to hear about the Apple TV Plus series, they said.
Apple then canceled plans to make the show, which it had acquired in Janua -
Google is starting to come back online after a major hour-long outage
Alexey Boldin/Shutterstock
Google services were hit by a global outage on Monday morning.
Per Downdetector, the outage affected YouTube, Gmail, Google Maps, and more, and began at roughly 6:30 a.m. Eastern Time.
Google's Workplace Status Dashboard confirmed every single one of its products was hit by the outage.
Users started to report the services coming back online roughly an hour later.
Visit Business Insider's homepage for more stories.
Google was hit by a major outage on Monday morning.Per -
The Electoral College is meeting to elect Biden as president, effectively ending Trump's bid to subvert the election
Congressional clerks pass the Electoral College certificate from Ohio in the House of Representatives chamber at the Capitol on January 4, 2013.
Chip Somodevilla/Getty Images)
The Electoral College is meeting on Monday to cast votes for the next president of the United States, President-elect Joe Biden.
The meeting is usually a formality, but this year's one has a special significance following President Donald Trump's bid to subvert the result of the 2020 presidential election.
This year -
Alexion Pharmaceuticals soars 35% after AstraZeneca agrees to $39 billion takeover
Robert Giroux/Getty ImagesAlexion Pharmaceuticals soared 35% in pre-market trading after the announcement of its $39 billion acquisition by AstraZeneca.The deal has clear gains for both sides, but AstraZeneca's shares slid 6% after news of the UK firm's biggest purchase ever."If you don't have cash, don't buy a large company unless it is a once-in-a-lifetime opportunity and has strong strategic merits," a portfolio manager said.Visit Business Insider's homepage for more stories.Alexion Pharmaceu -
The Winklevoss twins said buying Bitcoin is the 'trade of the century' and predicted a 30x return in a recent interview. Here are the 9 best quotes
REUTERS/Adam HungerThe Winklevoss twins pitched a large purchase of Bitcoin today as the "trade of the century" and predicted the digital currency will soar by 30 times in a recent Real Vision interview.Tyler and Cameron Winklevoss also described Bitcoin as a social network, suggested comic books and baseball cards would increasingly move to blockchains, and bemoaned the Federal Reserve's lack of transparency.Here are their 9 best quotes from the interview.Visit Business Insider's homepage for m -
The bipartisan group of senators plans to present its $908 billion COVID-19 stimulus bill in 2 parts, so that at least some of it can pass
Democratic Senator Joe Manchin, part of the bipartisan group of senators, as seen in February 2020.
Photo by Sarah Silbiger/Getty Images
The group of senators behind a bipartisan $908 billion proposal for a COVID-19 stimulus plan to release the full text on Monday, Politico reported.
Despite weeks of trying, Congress has not reached a consensus on what kind of stimulus to pass, though the $908 billion proposal has more bipartisan support than any other plan.
According to Politico, the senators -
TikTok's app is launching on TVs for the first time
A girl holds her smartphone in her hands on which she has opened @madelainepetsch's profile in the short video app TikTok.
Photo by Jens Kalaene/picture alliance via Getty Images
TikTok's will be available on TV for the first time.
A partnership with Samsung means the app is available to download on certain smart TV models in Europe, and will be pre-installed on new TVs going forward.
TikTok's TV experience will highlight the most popular content on the app, and the company says it'll keep to f -
'Cyberpunk 2077' runs so terribly on PlayStation 4 and Xbox One that its creator is offering refunds
"Cyberpunk 2077" released on December 10.
CD Projekt Red
The hotly-anticipated game "Cyberpunk 2077" launched on December 10.
Players on Xbox One and PlayStation 4 have expressed discontent with the game, encountering bugs, glitches, and poor graphics.
CD Projekt Red, the game studio behind "Cyberpunk 2077," is now offering refunds to players on those consoles.
"We should have paid more attention to making it play better on PlayStation 4 and Xbox One," CD Projekt Red said Monday.
Visit Business -
Why the IPO market is so hot - Wall Street relocates to Florida - What's next for Betterment
Spencer Platt/GettyWelcome back.It's the last full week of the year, so it'll be interesting to see how much gets done before the markets slow down during the holidays. One thing is for sure, the red-hot streak IPOs have been on should cool down a bit. The Wall Street Journal reported Saturday that Affirm was postponing its IPO, following in the steps of Roblox.If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big de -
Pound soars in relief rally after the UK and EU extend the deadline for Brexit trade talks
Wiktor Szymanowicz/Barcroft Media via Getty ImagesThe pound rose by as much as 1.6% against the dollar, after the deadline for Brexit trade talks were extended following a constructive discussion between British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen.Chief Brexit negotiator Michel Barnier said on Monday a deal could be reached as soon as this week, if both sides compromise on fishing.A no-deal Brexit is unlikely because the UK would have to deal with -
Georgia Sen. Kelly Loeffler posed for a photo with a former KKK chief - but says she didn't know who he was
A composite image of Chester Doles in 1992 and Sen. Kelly Loeffler on December 13, 2020.
Mark Reinstein/Corbis via Getty Images/Jessica McGowan/Getty Images
Sen. Kelly Loeffler has been photographed with Chester Doles, a former head of the Ku Klux Klan and member of the neo-Nazi National Alliance.
Doles posted a selfie of them at a rally for Loeffler in Dawsonville, Georgia, on Friday, on the Russian social-media site VKontakte.
The image was reshared on Twitter by a Jewish advocacy group -
Trump reversed a plan to prioritize White House staff to get the coronavirus vaccine sooner
President Donald Trump speaks in the Diplomatic Room of the White House on Thanksgiving on November 26, 2020 in Washington, DC.
Erin Schaff - Pool/Getty Images
President Trump said he was halting his own administration's plan to make White House staff among the first people in the country to get a coronavirus vaccine.
He tweeted on Sunday that staff should get the vaccine "somewhat later," including himself.
The New York Times reported that aides wanted to swiftly vaccinate those who work close -
Tesla is reportedly shutting down Model S and X production for 18 days, forcing staff to take unplanned, unpaid time off - or they can 'volunteer' in other parts of the business
Tesla CEO Elon Musk.
Photo by Yasin Ozturk/Anadolu Agency via Getty Images
Tesla is suspending production of two of its Model S and X electric vehicles for 18 days from December 24, according to a Friday staff email seen by CNBC.
Affected staff have to take five unpaid days off work, but Tesla said they could seek limited paid opportunities, or even "volunteer" elsewhere in the business.
That same day, CEO Elon Musk emailed staff urging them to ramp up production of the vehicles because of high -
Suspected Russian hackers broke into US federal agencies and spied on emails in a 'highly sophisticated' cyberattack
President Trump and President Putin.
Getty
Suspected Russian hackers broke into key government departments and gained access to internal emails.
Highly-sophisticated cyber attacks on federal departments including Treasury and Commerce reportedly prompted The National Security Council to meet on Saturday.
Several sources told Reuters that security services believe Russian hackers were behind the attack.
News of the attacks emerged less than a week after The National Security Agency warned that " -
Google will let all its staff work 2 days from home as part of a 'flexible work week' starting September 2021, Sundar Pichai said in an email to employees
Sundar Pichai, Google CEO.
Carsten Koall/Getty Images
Google is delaying sending employees back to the office until September 2021, pushing back its previous return date by three months.
It will also experiment with a "flexible work week" once employees return, CEO Sundar Pichai said in an email to staff.
This means employees will work a minimum three days per week in the office, and work from home the rest of the time.
"We are testing a hypothesis that a flexible work model will lead to greate -
Global stocks rise ahead of a $908 billion pandemic relief bill reaching Congress and the US rolls out the first COVID-19 vaccines
Johannes Eisele/Getty ImagesGlobal stocks rose on Monday ahead of a $908 billion stimulus plan to be unveiled in Congress and thousands of the long-awaited vaccines are expected to roll out later the same day.The pandemic relief plan is expected to be divided into two parts in a bid to win approval from both sides of the House.The pound rose as a deadline on Brexit talks was deferred yet again after both the UK and EU pledged to go the extra mile and reach an agreement before December 31.Germany -
Tom Brady and Gisele Bündchen just paid $17 million for a house on Miami's 'Billionaire Bunker,' joining Ivanka Trump and Jared Kushner on the private island
Mansions line the perimeter of Indian Creek Island, while the center is occupied by an 18-hole golf course.
Katie Warren/Business Insider
Tom Brady and Gisele Bündchen just bought a $17 million home on a private, high-security island in Miami, Page Six reports.
The NFL star and supermodel are joining Ivanka Trump and Jared Kushner — who reportedly just picked up a $32 million lot on Indian Creek — as property owners on the island.
Indian Creek Island is known as the "Billionair -
An Arizona ER doctor who was fired for tweeting about COVID-19 is set to go back to work this week - but he says healthcare workers still need more protections
Gilman, an Iraq War veteran, has been a very vocal figure throughout the pandemic.
Cleavon Gilman
An emergency-medicine doctor in Arizona said he was fired from his position at Yuma Regional Medical Center over posts he made on social media about the COVID-19 pandemic.
Dr. Cleavon Gilman, an Iraq War veteran, said he was told not to return to his job after tweeting about Arizona running low on available ICU beds.
He told Business Insider doctors everywhere are afraid to speak out about their ex -
Top US officials could be offered the COVID-19 vaccine as soon as Monday, but Trump said he'd wait to receive it until the 'appropriate time'
President Donald Trump on Sunday seemed to back away from the idea that top government officials would largely be among those first in line for a coronavirus vaccine.
Vincent Kalut / Photonews via Getty Images
President Donald Trump tweeted Sunday night that he'd wait until the "appropriate time" to receive a coronavirus vaccine.
His tweet, in which he also said White House staff members would be vaccinated "somewhat later in the program," came after reports indicated top US government official -
Bill Gates said the transition between presidential administrations is 'complicating' the distribution of COVID-19 vaccines, but 'we'll get through this in a positive way'
Bill Gates is seen in October 2019.
Nicolas Liponne/NurPhoto via Getty
Bill Gates said that, while the transition of administrations "is complicating" the vaccine distribution process, he believed "we'll get through this in a positive way," he said during a segment of CNN's "State of the Union" on Sunday.
Pfizer and BioNTech's vaccine was approved for emergency use by the Food and Drug Administration on Friday.
Moncef Slaoui, the head scientist of the federal vaccine initiative Operation Warp S -
Facebook reportedly hasn't banned a violent religious extremist group in India because it fears for its business prospects and staff's safety
Indian Prime Minister Narendra Modi (L) and Facebook CEO Mark Zuckerberg at Facebook's headquarters in Menlo Park, California September 27, 2015.
REUTERS/Stephen Lam
Facebook's safety team determined earlier this year that Bajrang Dal, a religious extremist group in India, was likely a "dangerous organization" that should be banned from the platform under its rules, The Wall Street Journal reported Sunday.
But, The Journal reported, Facebook became concerned about banning the group after i -
Huawei reportedly worked with 4 additional companies to build surveillance tools that track people by ethnicity, following recent revelations that it tested a 'Uighur alarm'
Getty
Huawei has worked with at least four partner companies to develop surveillance technologies that claim to monitor people by ethnicity, The Washington Post reported Saturday.
Last week, The Post reported that Huawei in 2018 had tested a "Uighur alarm" — an AI facial recognition tool that claimed to identify members of the largely Muslim minority group and alert Chinese authorities.
Huawei told the The Post that the tool was "simply a test," but according to Saturday's report, Huawei h -
The wellness challenge for 2021
Wellness, self-care, burnout and stress will have some or significant impact in the development of the 2021 marketing strategy for 80% of respondents to a survey for the WARC Marketer’s Toolkit. -
SCMP withdraws from open marketplaces in Asia to deal direct with advertisers
The South China Morning Post (SCMP) has announced that it will remove all its inventory from the Open Marketplace (OMP) in Hong Kong, Singapore, Malaysia, Vietnam and the Philippines on 1 January 2021. -
Disney outlines global push to expand streaming services
Media giant Walt Disney has unveiled ambitious global plans to expand its streaming services, which have attracted impressive new subscriber numbers at the same time as its more traditional businesses have suffered because of COVID-19. -
Brand activism – what is it and how to use it?
Brands with a purpose and brands that are activist are frequently confused, but it is a crucial distinction about whether you are looking for an animating idea that holds the organisation together, while activism is working to effect change in... -
Americans unsure about who produces original news
Just half of American adults realise that Facebook does not conduct its own original news reporting, according to a new survey that exposes the poor state of news awareness in the US.
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