The long-term effects of the disproportionate impact of the pandemic on minority communities has yet to play out, but one silver lining has emerged. Amid the coronavirus pandemic, Black medical student enrollment has increased by 21% in the past year, according to the Association of American Medical Colleges. Currently, African-Americans account for just 5% of the entire physician population nationally, though about 14% of the general U.S. population. Michellene Davis, CEO of National Medical… Source link
Read More »Ford shares rise 12% after news of production increase for electric F-150 Lightning pickup
Ford (F) shares closed at their highest level in 21 years after the automaker announced it would nearly double production capacity to meet demand for its upcoming F-150 Lightning electric pickup truck. Ford’s stock gained 12% and was the No. 1 trending ticker on Yahoo Finance during the trading session on Tuesday. The Dearborn, Michigan, based company has surpassed GM (GM) and Rivian (RIVN) in market capitalization as it pushes further into the EV space. “It’s very exciting to announce… Source link
Read More »Aflac Incorporated Announces 21.2% Increase in the First Quarter 2022 Dividend
COLUMBUS, Ga., Nov. 15, 2021 /PRNewswire/ — Aflac Incorporated (NYSE: AFL) today announced that its Board of Directors has declared the first quarter dividend of $0.40 per share, payable on March 1, 2022, to shareholders of record at the close of business on February 16, 2022. This represents a 21.2% increase over the previously declared fourth quarter dividend. (PRNewsfoto/Aflac Incorporated) Commenting on the announcement, Aflac Incorporated Chairman and Chief Executive Officer Daniel P…. Source link
Read More »Education Department launches office of enforcement to ‘vigorously’ increase oversight
The Education Department’s (ED) office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, is launching an Office of Enforcement to “vigorously” increase oversight of postsecondary schools that participate in federal student loan programs. “Vigorously ensuring that schools are adhering to the federal student aid program rules and delivering quality education to students is critical in America’s ability to build back better,” Under Secretary… Source link
Read More »‘Sharp, rapid increase’ in evictions as moratorium ends, landlords owed billions
Facing a staggering amount of back rent, hundreds of thousands of individuals and families may be put out of their homes this year as the eviction moratorium comes to an end, according to research from Goldman Sachs. Following the Supreme Court’s decision last week to strike down the pandemic-era policy that kept renters in their homes despite being unable to pay, economists at the investment bank said on Monday that about 750,000 US households will ultimately be evicted later this year,… Source link
Read More »97% of small-business owners won’t face income tax increase under Biden tax plan
WASHINGTON, DC – AUGUST 18: U.S. President Joe Biden delivers remarks on the COVID-19 response and the vaccination program. (Photo by Anna Moneymaker/Getty Images) Ninety-seven percent of small-business owners will not face an income tax increase if President Biden’s tax plan becomes law, according to new analysis released by the Treasury Department on Thursday. Biden is seeking to raise taxes on corporations and the wealthiest Americans to help fund a $3.5 trillion plan that would include… Source link
Read More »Biden to Unveil Biggest-Ever Increase in Food-Stamp Benefits
(Bloomberg) — The Biden administration plans to announce the biggest long-term increase in food stamp benefits in the program’s history, giving Americans more money to buy groceries and adding billions of dollars in costs to the government. Average benefits in October will go up by more than 25% from pre-pandemic levels for the 42 million people in the program, a U.S. official said, speaking on condition of anonymity before an announcement planned for Monday. The increase means that average… Source link
Read More »Russia’s VTB may increase stake if Yandex raises funds on market – Ifx
MOSCOW (Reuters) – Russian state bank VTB is ready to consider increasing its stake in internet company Yandex should Yandex decide to raise funds on the market, Interfax quoted First Deputy Chief Executive Yuri Soloviev as saying on Friday. Reporting by Maxim Rodionov; Writing by Katya Golubkova; Editing by Mark Heinrich Source link
Read More »Lightspeed teams up with Google to help retailers increase local shopping revenue
Integration allows omnichannel retailers to automate ads and real-time inventory levels directly from the Lightspeed platform MONTREAL, May 11, 2021 /PRNewswire/ – Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, announced today it will integrate Google tools directly into its platform, to help independent businesses globally as they safely re-open and expand their in-store capacity…. Source link
Read More »Stock futures rise after indexes sell off amid capital gains tax increase concerns
Bloomberg Twitter Has ‘Scary Amount of Power,’ Co-Founder Biz Stone Says (Bloomberg) — Twitter Inc. co-founder Biz Stone believes the social media company made the right decision when it banned then-President Donald Trump from its service in January, but that doesn’t mean he’s comfortable with it.“It’s a scary amount of power,” Stone said during an interview for the Collision Conference on Thursday. “The CEO of a company in San Francisco can quiet the president of the United… Source link
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