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Johnson & Johnson says one-shot vaccine is 66% effective against moderate to severe COVID

Johnson & Johnson announced Friday that its single-shot coronavirus vaccine was 66% effective in protecting against moderate to severe COVID-19 disease in the U.S. and seven other countries, but 57% effective against the South Africa coronavirus variant.

Why it matters: The vaccine is not as effective as some of its two-dose competitors, like Moderna and Pfizer, but still provides strong protection against the most serious COVID-19 symptoms. The company said it will file for emergency use authorization from the FDA within a week.

This story is breaking news. Please check back for updates.

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Fall antitrust forecast: Biden raises hammer on Big Tech

The antitrust scrutiny of tech giants that began during the Trump era will only intensify this fall as Big Tech critics Lina Khan, Tim Wu and Jonathan Kanter take the lead on competition policy and enforcement in the Biden administration.

Why it matters: Facebook, Google, Amazon and Apple face threats from federal regulators, Congress, state attorneys general and European Union authorities.

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Deadly tornadoes strike South as 100 million at risk of severe weather

At least two people have died as a powerful storm system moved across much of the U.S. Monday, spawning tornadoes that knocked out power in several states.

The big picture: Over 100 million people from the southern Plains to the Mid-Atlantic on Monday faced the risk of severe weather, which was expected to continue to hit Southern states through Tuesday, per the National Weather Service's Storm Prediction Center.

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