"Novavax shares tumbled 16% in premarket action [14.76% down at close] after Politico reported it faces significant hurdles in proving it can manufacture a shot that meets regulators' quality standards, citing three people with direct knowledge of the company's problems. The report said Novavax's troubles mean the international consortium known as COVAX is now likely to fall short of its 2 billion dose target to lower and middle-income countries by the end of 2022 by more than 1 billion doses. The report said Novavax's difficulties are more concerning than the analytics and testing issues disclosed in Securities and Exchange Commission filings. Novavax told Politico that it still plans on filing for emergency use authorization by the end of the year and will fulfill all its committed doses both in the U.S. and globally."

https://www.marketwatch.com/story/novavax-shares-tumble-after-report-on-vaccine-manufacturing-difficulties-2021-10-20?mod=mw_latestnews

CLARKSBURG, WV: "West Virginia State Treasurer Riley Moore has been traveling the state talking about his opposition to President Biden’s $3.5 trillion “Build Back Better” reconciliation spending bill. On Wednesday, he stopped in north central West Virginia to speak about the bill and promote trade jobs to students in Fairmont and Clarksburg. One major concern that Moore brought up concerning “Build Back Better” was it requiring banks to report transactions of six hundred dollars or more, instead of the current ten thousand dollars.

“This is going to open up the IRS to everyone’s financial information,” Moore said. “I think it’s an infringement on the 4th amendment of the Constitution, unreasonable search and seizure. It’s something my office is standing against. I’ve joined a coalition of twenty-three other State Treasurers from around the country to say we will not comply with this and we will fight this. This is unconstitutional, I think it’s a total invasion of privacy and it could potentially kill a lot of community banks in West Virginia because the compliance is going to be so onerous.”

https://www.wboy.com/news/politics/wv-state-treasurer-riley-moore-visits-north-central-wv/