Drugmaker Merck will help produce rival Johnson & Johnson’s newly approved coronavirus vaccine in an effort to expand supply more quickly. The announcement comes as the White House looks to speed the production of the single-dose vaccine and accelerate the nation’s plans to vaccinate nearly all adult Americans in the coming months. Officials have said J&J faced unexpected production issues with its vaccine and produced only 3.9 million doses ahead of its receiving emergency use authorization last Saturday. The company has promised to deliver 100 million doses by the end of June and this partnership will increase their odds of success.
Target’s earnings topped Wall Street’s estimates, as its sales got a lift from a strong holiday season and store traffic picked up in January. The big-box retailer has benefited during the pandemic as shoppers look for easy and safe ways to buy groceries and other items. Its 2020 sales grew by more than $15 billion — greater than its total sales growth over the prior 11 years.
Oregon small business owners who have struggled to pay their rent during the coronavirus pandemic can apply for help from the state beginning Monday, March 8. Small business owners with 100 or fewer employees will be able to apply together with their landlords for money to cover outstanding rent through the state’s new $100 million commercial rent relief program.