Pfizer plans to pursue an emergency authorization for the two-dose vaccine from the Food and Drug Administration (FDA) later this month. The company says that it will have manufactured enough doses of the vaccine to immunize 15-20 million people. However, questions remain in properly storing the vaccine at the low temperatures needed to keep the vaccine effective. [The New York Times]

Deutsche Bank proposes a 5 percent daily income tax on those that continue to work from home to combat the shift from companies allowing their employees to work from home on a permanent basis. The bank says that employees who work from home benefit from convenience and flexibility, while saving money from commuting, eating out and dry-cleaning services. [Associated Press]

Millions of those applying in the startups are recently laid off due to businesses being shutdown during the COVID-19 pandemic. Many of the businesses are coming in the form of online retail, continuing a trend that has seen a reduction in brick-and-mortar stores. This article compares the German approach, where the government subsidizes companies to retain employees to the American approach which provides unemployment insurance. [NPR]

The strong sales from Singles Day is a further signal of China’s economic rebound from the COVID-19 pandemic. Customers were drawn to steep discounts and splurged on luxury items instead of overseas vacations. It’s another sign of how online shopping has become consumers preferred method of shopping, especially in a year of a global pandemic. [The Wall Street Journal]