As the U.S. continues to set new daily record highs of coronavirus cases, at least one doctor on President-elect Joe Biden’s coronavirus task force is floating the idea of shutting down businesses in a lockdown that could last four to six weeks to control the spread of the pandemic. In a Wednesday interview with Yahoo Finance Live, Dr. Michael Osterholm, who currently serves as director of the Center of Infectious Disease Research and Policy at the University of Minnesota, stressed that the… Source link
Read More »Another 709,000 Americans filed new unemployment claims last week
Another 709,000 Americans filed for first-time unemployment benefits last week, marking another modest improvement in the number of those newly unemployed even as coronavirus cases in the U.S. continue to creep higher. The Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: The Labor Department report showed an eleventh straight week that new… Source link
Read More »Sberbank’s tech ambitions hit by clashes with Mail.ru
A $1.6bn tech joint venture between Russia’s giant state-owned bank Sberbank and Mail.ru, the owner of the country’s largest social network, has been plagued by management and cultural clashes that may lead to a “divorce”, according to several people familiar with the situation. Sberbank and Mail.ru announced the JV last July, pledging to combine their ride-hailing, food apps and delivery services to create Russia’s “leading platform in mobility and food… Source link
Read More »Airlines will play ‘key role in the distribution’ of COVID-19 vaccines: analyst
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link
Read More »Coronavirus vaccine ‘doesn’t help us today’ as America sees deadly transmission surge
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link
Read More »Google Goes from Frying Pan to Fire; WPP Merges AKQA and Grey: Thursday’s First Things First
Welcome to First Things First, Adweek’s daily resource for marketers. We’ll be publishing the content to First Things First on Adweek.com each morning (like this post), but if you prefer that it come straight to your inbox, you can sign up for the email here. A changing of the presidential guard isn’t likely to take the federal heat off of Big Tech, especially with regard to the Justice Department’s antitrust suit against Google, which focuses on the company’s search dominance (and… Source link
Read More »Google will charge for photos. What about iCloud, Dropbox and others?
After five years of enticing consumers with offers of free photo and video storage, albeit it with a hitch (lower resolution), Google turned its back on consumers Wednesday and says we’ll all have to start paying as of June 1st. So what other options are out there for us? Sadly, there are few that are free. In an era when we are taking more high-resolution photos and videos than ever before, we either have to invest in multiple hard drives – which sadly, do not last – or spend monthly… Source link
Read More »Pub landlord defends lockdown competitive eating contest as ‘elite sport’
Craig Harker is the landlord of The George Pub and Grill in Stockton-on-Tees. (Reach) A pub landlord has defended describing a competitive eating contest that took place during lockdown as an “elite sport”. The George Pub and Grill in Stockton held an event that saw five “athletes” attempt to eat the world’s hottest chillies on Saturday – two days after national lockdown restrictions in England were imposed. Landlord Craig Harker was hit with a complaint that the event, that was… Source link
Read More »Trump administration says still searching for TikTok resolution
President Donald Trump’s administration said Wednesday it was still working to resolve its security concerns over Chinese-owned app TikTok after the firm sought to delay a deadline to sell its US operations. Chinese company ByteDance has until Thursday to restructure ownership of the app in the United States to meet national security concerns, but it filed a petition in a Washington court this week asking for a delay. The company said in a Tuesday statement that it had asked the government for… Source link
Read More »DBS Aims to Triple Family Office Unit Assets by 2025
TipRanks 3 “Strong Buy” Stocks That Tick all the Boxes It’s been said that gridlock is a feature, not a bug, of the US Constitution, and we may be about to find that out. The election results have left some questions to be resolved, but a few things are coming clear: Democrat Joe Biden is the winner of the Presidential race, but down ballot, the Republicans appear to have made important gains. We’re looking at the prospect of divided government – a Biden Administration with a… Source link
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