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- U.S. pharmaceutical company Moderna has applied for emergency use authorization for its coronavirus vaccine following positive test results. The company said the vaccine’s efficacy against COVID-19 was 94.1 percent and that no serious safety concerns were identified.
- U.S. President-elect Joe Biden has named the top members of his economic team. Former Federal Reserve Chair Janet Yellen has been nominated to be the treasury secretary.
- The number of seriously ill patients with COVID-19 across Japan hit 472 on Monday. That is a new record high, and the health minister says it is another sign the situation is growing more serious.