A legal fight in Los Angeles has exposed a bitter and widening divide between public servants like teachers, police officers and firefighters, as COVID-19 mandates become increasingly common — and first responders push back. Earlier this month, more than filed a lawsuit against the city’s COVID-19 vaccine mandate. The suit is one of several challenges among police and EMS personnel across California and , some of whom have in response to the new rules. Jeff Burmeister, who’s part of… Source link

Banza is the latest company to partner with Beyond Meat (BYND) to unveil a new menu offering, as alternative meat makes inroads in fast and comfort foods. On Tuesday, the food company known for chickpea-inspired creations like pasta, pizza, rice and mac & cheese, announced the release of a new, frozen vegetarian pizza option — but this one using plant-based Beyond Sausage Italian Crumbles. The new pizza is dubbed Banza Supreme.  The latest entry to the frozen food section is made with… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 22, 2021 Debt, debt everywhere — and not a drop of it paid for Have you heard? The United States is on the path to a showdown over the debt ceiling — again. As the spectacle of heavily-indebted Chinese real estate giant Evergrande held investors in its sway for a second day, another drama slowly played itself out on the… Source link

The real estate company said a payment due on Thursday, for an onshore renminbi-denominated bond, had ‘already been resolved through off-exchange negotiations’. Photo: Hector Retamal/AFP via Getty Images European stock markets were sharply higher on Wednesday as worries over the Evergrande crisis in China started to ease. The real estate company said a payment due on Thursday, for an onshore renminbi-denominated bond, had “already been resolved through off-exchange negotiations”. Traders… Source link

The flash crash has not deterred institutional investors. Photo: AP Major cryptocurrencies were down on Wednesday morning as a flash crash in the price of bitcoin earlier this week wiped out over $200bn from the market. Bitcoin (BTC-USD) was down 1.7% to trade at $42,223 (£30,913) at the time of writing and is trading at levels not seen since August, while ethereum (ETH-USD) fell 8.3% and was trading at $2,920. “Over the last few days, bitcoin has been on a downward spiral after sentiment… Source link

(Bloomberg) — Stocks in Europe rose for a second day along with U.S. index futures as concerns about China Evergrande Group’s debt woes eased ahead of Wednesday’s Federal Reserve policy decision. Most Read from Bloomberg Basic resources and energy were among the leading gainers in the Stoxx Europe 600 index as commodity prices steadied after Beijing moved to contain fears of a spiraling debt crisis at Evergrande that could ravage demand from the property sector. Gambling operator Flutter… Source link

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most successful companies are more comfortable bowing to undemocratic edicts — and maintaining a steady flow of profits — than upholding the rights of their… Source link

(Bloomberg) — Bitcoin dropped briefly below $40,000 for the first time since August amid rising criticism from regulators, before rallying as the mood in global markets improved. Most Read from Bloomberg The largest cryptocurrency broke a three-day losing streak, rising 2.9% to $42,132 as of 6:34 a.m. London time on Wednesday. It earlier slid as much as 3.2% to $39,625. Tokens including Ether, Solana and Litecoin were slightly lower over the past 24 hours. Fears of contagion from the debt… Source link

Miller Value Partners recently released its Q2 2021 Investor Letter, a copy of which you can download here. The Miller Opportunity Trust Class I gained 4.18%, underperforming its benchmark, the S&P 500 Index which returned 8.55% in the same quarter. You should check out Miller Value Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of this year. In the Q2 2021 Investor Letter, the fund highlighted a few stocks and Alibaba Group Holding Limited… Source link

(Want to get this newsletter in your inbox? Here’s the sign-up.) Good evening. Here’s the latest at the end of Tuesday. 1. “Government by and for the people is still the best way to deliver for all of our people.” President Biden delivered his first address to the annual gathering of world leaders at the U.N. in New York amid doubts about his ability to restore U.S. leadership in the world after the Trump administration’s isolationism. Biden called for unity among allies in… Source link