The arrival of a Covid-19 vaccine is now under way in the U.K., Canada, and soon the U.S. But Britain may have moved a little too fast, Lionel Laurent writes for Bloomberg Opinion. Cities and employers across America are preparing for vaccine distribution, filling the void left by the Trump administration, while airlines are seeking priority for their workers. Among colleges, the vaccine may be too late to save the spring semester.

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America. 

What you’ll want to read this weekend

IPOs are red-hot again. DoorDash and Airbnb went public and their valuations skyrocketed, but that’s also a sign they could have raised a lot more money than they did.

The Wall Street exodus from New York City continues: Ken Moelis gave his bankers the blessing to move wherever they want, and Goldman Sachs is scouting for potential offices in Florida. And there is more bad news for street vendors already facing their worst-ever crisis.

Miami, Florida

Luxury homebuyers are, however, being lured to Manhattan by deep discounts. The wealthy are also jumping into Bitcoin. And in China, rich kids are trying to avoid becoming a target of the government.

Global emissions were slowing even before the pandemic hit, but banks are still channeling billions of dollars to fossil-fuel giants. Bloomberg Businessweek reports how big companies like Disney are reducing nowhere near the pollution that they claim.

The pandemic has disrupted career trajectories and created a new kind of midlife crisis. But maybe you should take a chance to get rid of bad habits, and start good ones, like reading the best books of 2020. 

What you’ll need to know next week

• Electoral College meets to formalize President-elect Biden’s win.
• Apple launches its first over-ear headphones, for $550 each.
• The Fed’s policy setting committee may provide fresh guidance.
• FDA panel will meet to scrutinize Moderna’s Covid-19 vaccine.
• The EU is to lay out new rules designed to rein in big tech firms.

What you’ll want to read in Businessweek

How South Korea Learned to Live With Covid

South Korea’s successful approach of regimented masking, aggressive testing and high-tech contact tracing is a blueprint for other countries. The strategy has relied upon a degree of vigilance that can seem excessive, until maybe you consider the horrific costs of the American approach.

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The pandemic has upended business models around the world, and banking is no exception. Join us this Monday, Dec. 14, for The Year Ahead: Next Generation Banking, where global business leaders discuss what the industry is doing to compete with digital disruptors, manage cybersecurity and reimagine business processes. Sponsored by IBM. Register here.

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