P2JW344000-2-A00100-17FFFF5178F ** WEDNESDAY,DECEMBER 9, 2020 ~VOL. CCLXXVI NO.136 WSJ.com HHH $4.00 DJIA 30173.88 À 104.09 0.3% NASDAQ 12582.77 À 0.5% STOXX 600 393.64 À 0.2% 10-YR. TREAS. À 5/32 , yield 0.913% OIL $45.60 g $0.16 GOLD $1,870.80 À $9.00 EURO $1.2106 YEN 104.17 What’s U.K. Rolls Out News FirstCovid-19 Business&Finance ShotsinWest esla CEO Musk said he Thas moved to Texas,tak- ingaim at Silicon Valley and BY JOANNA SUGDEN vice and modeled on itsan- becoming one of the high- AND WILL HORNER nual flu-vaccination campaign. est-profile executives yetto Ninety-year-old Maggie leave California during the CARDIFF,Wales—TheU.K. Keenan wasthe firsttoreceive coronavirus pandemic. A1 became the firstWestern coun- the initial dose as part of the trytostart distributing a program, the NHS said. “It’s FireEye was hacked in Covid-19 vaccine to itspopula- historyand the best thing that’s what the company, one of tion, rolling out amassinocula- ever happened.IfIcan do it, so the world’s largest cyber- tion program that could provide canyou,” she said at University security firms, said was a atemplatefor other countries, Hospitals Coventryand War- highly sophisticated for- including the U.S.,ofthe practi- wickshire, central England. eign-government attack. A2 calities and potential pitfalls of Coming just days ahead of DoorDash priced shares vaccinating at speed and scale. thePfizervaccine’sexpected in itsinitial public offering Less than aweek after Brit- authorization in the U.S., the at about $102 apiece, asign ain granted emergency-use au- U.K. rollout could be an indica- of strength both forthe thorization forthe two-dose tor of the challenges faced by meal-deliverycompany and vaccine developed by Pfizer Inc. U.S. doctors in getting it into the overall IPO market. B1 and Germany’sBioNTech SE, the population. the firstpeople began to receive Aversion to vaccines in the TheS&P 500 and Nasdaq it acrossthe U.K. on Tuesday. U.K. remains belowsuch senti- hit records, closing up 0.3% OL PO Those over 80 yearsold, ment in the U.S. In an Ipsos and 0.5%, respectively.The S nursing-home workersand poll in October,79% of people Dowadvanced0.3%, falling /PRES other high-risk health-care asked in the U.K. said they short of anew milestone. B13 staff were front of the line: a would take aCovid-19 vaccine KING Nielsen said it would re- B group estimated to number six if one were available,com- placeits current TV ratings CO million. Therollout is being pared with 64% in the U.S. JA system by 2024with amet- Maggie Keenan, 90 yearsold, wasthe first persontoreceivethe initial dose of the two-shot paid forbythe U.K.’s state- Among the firsttobein- ric that incorporates digital Covid-19 vaccine developedbyPfizer and BioNTechasthe U.K. began itsinoculation program. funded National Health Ser- PleaseturntopageA7 viewing as well as the cur- rent traditional audiences. B1 Some McDonald’s fran- chisees said they would FDAPaves Wayfor Pfizer Vaccine’sRelease raise prices on Happy Meals after the company revokes a longstanding rebate. B1 BY THOMAS M. BURTON the vaccine’smanufacturers, tiveafter the second dose, fatigue,followedbymuscle town University. Boeing delivered a737 AND JARED S. HOPKINS Pfizer Inc.and German partner three weeks later. pain and joint pain. “It doesn’t mean the vaccine MAXtoUnited, the firstcar- BioNTech SE. Afavorable rec- FDAscientistsalso found Severe“adverse reactions” is making yousick,but you rier to receiveanewly pro- TheFood and Drug Adminis- ommendation from the panel is that thevaccine waseffective were rare,most frequent after should be prepared forpoten- ducedmodel of the jet after tration said the firstCovid-19 expected to be followedwithin in reducing the risk of con- the second dose,and generally tially not feeling great foraday U.S. regulatorsended anearly vaccine being considered forU.S. days by the FDA’sgranting firmed severedisease afterthe lessfrequent in older adults or two aftergetting it,” she said. two-year grounding. B1 distribution “met the prescribed emergencyauthorization for firstdose,animportant find- greater than 55 yearsofage. Vaccines areseen as key to success criteria” in aclinical the vaccine. ing,assome health experts Thefrequent side effectsoc- stopping the spread of the coro- Car sales in China rose study,paving the way forthe In itsreport Tuesday, the were concerned Covid-19 vac- curring soon afterinjections navirus,and health officials have for a fifth straight month agency to green-light distribu- FDAnoted that the two-dose cines would protect against suggeststhat the vaccine is PleaseturntopageA6 in November, continuing tion as earlyasthis weekend. vaccine provided benefitseveN only mild to moderatedisease. generating astrong immune re- to cement a recovery. B3 An outside panel of scientific afterjust the firstinjection— Side effectswerecommon, sponse,said Angela Rasmussen, Biden formally introduces his Apple unveiled plans to advisersisscheduled to review cutting the risk of getting however, especially in younger avirologist and affiliateatthe public-health team.................. A4 sell AirPods-branded over- the FDAreport Thursday, along Covid-19 by about half.The vac- people,the analysis found. The Center forGlobal Health Sci- AstraZeneca trials reaffirm the-ear headphones, a di- with acompanion analysis from cine wasfound to be 95% effec- most common complaint was enceand Security at George- safety, efficacy of shot........ A7 rect strikeagainst companies such as Bose and Sony. B4 INSIDE World-Wide Musk Jabs AStartup’sPlan to Disrupt TheU.K.became the first California Western countrytostart PowerGrid Gets Disrupted distributing aCovid-19 vac- cine to itspopulation, roll- With Move ing out amassinoculation program that could provide Bloom Energy’s fuel-cell vision is foiled by rapidly changing industry atemplatefor other coun- To Texas tries of the practicalities and potential pitfalls of vacci- BY REBECCA DAVIS O’BRIEN AND KATHERINE BLUNT providing power more cheaply than the utili- nating at speed and scale. A1 B Y H EATHER SOMERVILLE ties on the electric grid. The FDA said the first Bloom Energy Corp. became a hot startup Silicon Valley bought in, and media atten- Covid-19 vaccine being con- Tesla Inc.Chief Executive more than a decade ago by promising to up- tion followed. Bloom’s first investor was sidered forU.S.distribution Elon Musk said he hasmoved set the utility industry with devices that venture capitalist John Doerr, known for met prescribed success cri- to Texas,taking aim at Silicon could power the nation’s buildings. Today, early bets on Amazon.comInc. and Alphabet teria in aclinical study,pav- Valley and becoming one of the JOURNAL REPORT it’s a reminder of how a rapidly changing in- Inc.’s Google. Its board includes Gen. Colin ing the way forthe agency highest-profile executives yetto Cybersecurity: dustry caN foil even the most driven entre- Powell and former General Electric Co. chief to approve distribution as leave California during the cor- Scaring employees to preneurs. Jeff Immelt. Among early customers were early as this weekend. A1 onavirus pandemic. Bloom’s founder, KR Sridhar, helped de- Google, eBayInc. and Walmart Inc. He said relocating made promote vigilance velop fuel cells for NASA before forming the As with many Silicon Valley startups, Democratsrejected an ef- sense with anew Tesla factory doesn’t work. R1-8 company in 2001. The next year, he packed Bloom presented the kind of bold technologi- fort by McConnell to narrow the scope of acoronavirus re- being built in Texas.Hela- his technology into three U-Hauls and cal and revenue prospects that persuade in- mented that California, in his headed to California. vestors to look beyond profitability. Mr. lief bill this year,setting up a view, had become complacent U.S. NEWS Fuel cells use chemical reactions to gener- Sridhar’s vision: a Bloom Box in every Amer- clash over aid to hard-hit state with itsinnovators. ate electricity, and proponents hold they will ican home. “It’s about seeing the world as and local governments. A2 Supreme Courtrejects Mr.Musk’scompanies will Republican requestto go mainstream one day as a clean, reliable what it caN be,” he told “60 Minutes” in Biden formally introduced continue to have large opera- energy source. They have defied broad com- 2010, “and not what it is.” the public-health team that tions in California. Yethis deci- block Biden’s mercialization, but Mr. Sridhar told a power- The world Mr. Sridhar foresaw hasn’t ar- will help him navigatethe sion to moveunderscores a Pennsylvania win. A4 ful story: Bloom would sell the technology in rived. His SaN Jose, Calif., startup hasn’t put pandemic and announced growing discontent, particularly “Bloom Boxes” running on natural gas and PleaseturntopageA10 goals to curtail the virus dur- among wealthier tech profes- ing his first 100 days. A4 sionals,with the cost of living in The Supreme Court re- the state, apre-pandemic real- Socially Distant SantaClaus Is estatecrunch and cloggedroads. jected a last-ditch Republi- Taking up residenceinTexas canrequest to block Biden’s Coming to Town (and the Mall) comes with personal benefits C3.ai victoryinPennsylvania. A4 forMr. Musk: Thestate doesn’t iii TheHouse passed ade- collect income or capital-gains fense-policybill in a335-78 taxfor individuals.Mr. Musk St.Nick takescoverfromvirus behind #1 AI CRM vote,far exceeding the two- qualified this year forbillions of thirds majority that would dollarsinstock-option compen- plexiglass, or sealed intogiant snowglobes be needed to override aveto sation, making him the second- ReinventingCRM threatened by Trump. A4 richest person in the world. BY ANNE MARIE CHAKER about his vulnerability to During the spring,when Mr. Covid. TheTrump administra- Ajudgeofficiallyclosed Musk wassparring over coro- Carleigh Hansen’s visit to tion scrapped aplan to offer the criminal case against ex-national security ad- navirus shelter-in-placeorders SantaClaus at the Park Mead- Santaperformers(and Mrs.