Bloomberg

Editor’s note: A technical problem caused an earlier version of this newsletter to be published in error. We apologize.

America has held the calamitous title of home to the most infected (currently 15.3 million) and dead (288,000) from the coronavirus for most of the pandemic. But a Bloomberg investigation has found that when it comes to reserving vaccine doses for its desperate citizens, the U.S.A. is far from number 1. It’s number 32. —David E. Rovella 

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America. For the latest news, sign up for our Covid-19 podcast and daily newsletter.

Here are today’s top stories

China’s state-backed coronavirus vaccine protected 86% of people against Covid-19 in trials conducted in the United Arab Emirates, according to state media there, giving credence to a shot Beijing intends to distribute around the developing world. The news came as Canada authorized use of the BioNTech-Pfizer drug already being used in the U.K. The U.S. may approve that vaccine by this weekend. An average of 2,225 Americans are dying each day from the pathogen. Here is the latest on the pandemic.

DoorDash does not make money, but that didn’t seem to matter Wednesday when the food delivery platform went public, surging as much as 92%. The three guys who founded the company are now worth a combined $2.8 billion—and it all started in a macaroon store.

DoorDash founders (from left) Stanley Tang, Tony Xu and Andy Fang

Jeff Bezos and Elon Musk, the world’s two richest men, committed billions of dollars of their own money to a private space race. But thanks to the Trump administration, they are now eligible for an extra boost: a tax break intended to help poor communities. 

Musk gained his platinum status by dint of the value of Tesla stock. But by that measure, one JPMorgan analyst says, the billionaire should probably be a lot poorer. Tesla shares are “dramatically” overvalued and investors thinking of raising their holdings ahead of its addition to the S&P 500 Index, Ryan Brinkman wrote, should not.

Facebook says it wants to make money off of its messaging platform WhatsApp, Bloomberg Businessweek reports. But first, the battered social media giant—attacked for enabling Russia to try and tilt a U.S. election and serving as a forum for hate speech—must face a massive antitrust lawsuit. CEO Mark Zuckerberg’s absorption of WhatsApp and Instagram, according to 48 states and the federal government, was an antitrust bridge too far.

Mark Zuckerberg 

The son at the center of a $600 million divorce case in London said he felt he let his billionaire father down when he lost more than $50 million while day trading as a college student.

Plummeting New York City revenues are forcing spending cuts on affordable housing, meaning low-income residents aren’t benefiting in the same way wealthier residents are from falling rents.

What you’ll need to know tomorrow

What you’ll want to read tonight

Vaccine Means Back to Office, Right? Maybe Not

As employers eagerly await Covid-19 vaccines that promise the return of staff to office cube farms, new reports indicate getting U.S. employees back won’t be easy. More than half of those currently working from home say they’d like to keep their remote arrangements beyond the pandemic.

Like getting the Evening Briefing? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and gain expert analysis from exclusive subscriber-only newsletters.

Bloomberg Green Solutions Summit: Public commitments are a key tool in the battle against climate change. How do executives select the best initiative for their organization, develop and pay for it while tracking its progress? Join us Dec. 10 as sustainability experts and executives from BNY Mellon, Amazon, and JLL discuss how companies can best embark on their own climate pledge. Register here.

Download the Bloomberg app: It’s available for iOS and Android.

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.