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Several influential business leaders have recently started a $250 million initiative dedicated to serving 23 million Asian Americans and Pacific Islanders across the nation. Members of The Asian American Foundation (TAAF)launched the initiative on Monday. According to its organizers, the initiative is the “largest-ever philanthropic effort to support the AAPI community,”Reuters reported. In the last five years, TAAF’s board members have contributed around $125 million. The nonprofit… Source link

The Week Tucker Carlson casually maligns David Frum, who responds by deconstructing his former friend’s ‘cowardly’ act Fox News star Tucker Carlson is having a moment — or, rather, another moment in a Zelig-like career full of them. Lately, he has been torching a select group of conservatives, and David Frum was added to that list Tuesday. Carlson’s ostensible target Tuesday night was the Central Intelligence Agency’s curious new ad featuring an “intersectional” Latina millennial officer…. Source link

AUDIE CORNISH, HOST: There were zero reported deaths from college hazing incidents in 2020, but the pandemic lull on campuses is fading. And six young men have been charged with manslaughter after a sophomore at Bowling Green State University died of alcohol poisoning at a fraternity party. It’s the second hazing-related death this year. Experts like Hank Nuwer are concerned that more may be on the way. He’s an emeritus professor of journalism at Franklin College. He’s written five books on… Source link

TipRanks These 3 Cathie Wood Stocks Are Set to Rip Higher By 40% (Or More) The markets lately are a mix of gains and volatility, and it’s tough, sometimes, for investors to make sense of it. In times like these, it makes sense to turn to the experts. Cathie Wood is one such expert, an investor whose stock choices have consistently outperformed the overall markets. A protégé of famed economist Arthur Laffer, market guru Wood has built her reputation on her clear view of the markets. Her… Source link

(Bloomberg) — Deaths from Covid-19 in India may double from current levels, new research suggests. Meanwhile, the country was criticized for a “lack of leadership” as its prime minister resists pressure to lock down. Indian cricket regulators suspended the Premier League after players tested positive. President Joe Biden set a new target of 70% of U.S. adults receiving at least one vaccine shot by July 4. Rural hospitals and clinics will get almost $1 billion to ramp up testing and… Source link

Bloomberg Six Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon (Bloomberg) — Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of global crude processing capacity. Yet, Asian refiners are expanding at a breakneck pace, even building massive new plants designed to run for at least half a century.What is going on?After a century of… Source link

It took Amazon 13 years to deliver a 10,000% return to investors. It has now taken Dogecoin five months. The cryptocurrency (DOGE-USD) hit a new all-time high of $0.60 on Tuesday, pushing Dogecoin’s market cap north of $70 billion to become the fourth-most valued coin, according to Yahoo Finance’s data partner CoinMarketCap. That’s now larger than the market cap of Moderna, one of the companies shipping COVID-19 vaccines to save the world from the pandemic. That means a $1,000 bet placed on… Source link

Verizon is selling its Verizon Media unit for $5 billion to Apollo Global Management, Inc, and while Yahoo Small Business will not be included in the sale, it could mean a rebranding is in its future. That’s because after the sale, Verizon Media will be known as Yahoo (Verizon will retain a 10% stake in the company), which will continue to be led by CEO Guru Gowrappan. “Verizon Media is comprised of iconic brands such as Yahoo and AOL, as well as leading ad tech and media… Source link

Yahoo! Answers shut down Tuesday after nearly 16 years of inquiries from the internet’s curious minds. As a final send-off, NPR gets to the bottom of some of these important questions. Source link

Bloomberg Pfizer Sees $26 Billion From Covid Shot, Big Potential Ahead (Bloomberg) — Pfizer Inc. laid out a plan to turn its Covid-19 vaccine into a long-term business, clinching supply agreements that will yield $26 billion in sales this year while expanding the shot to children and developing new formulations that can combat variants and be stored more easily.The drugmaker’s revenue forecast was an increase from $15 billion, reflecting the strong demand worldwide for a return to normalcy…. Source link