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AVCA/USA TODAY Super 25 national high school volleyball rankings Week 9
USA TODAYHere are the Week 9 Super 25 volleyball rankings via the American Volleyball Coaches Association. Due to COVID-19, many states are moving the start dates of their season, or in some cases will be competing in Spring 2021. Teams who are competing in the Fall 2020-21 season as of Aug. 14 will be eligible for inclusion in the poll. That includes teams with delayed start dates, through October. Options for recognition of teams competing in Spring 2021 will be decided at a later date.
Opinion: After strong start in Year 2, Cardinals QB Kyler Murray appears poised to meet elite expectations
Murray entered this season with weighty outside expectations after winning NFL Offensive Rookie of the Year and being named a Pro Bowl alternate in 2019. “I don’t really worry about the outside noise,” said Murray, who chose the NFL over professional baseball after being drafted No. That’s just what comes with it.”Nearly midway through the season, Murray projects to dramatically surpass last year's numbers in every major statistical category. Studying Murray’s game, former NFL quarterback and analyst Trent Dilfer said his success stems from growth when it comes to the intangibles. “There’s still a lot of work left, and I think that’s got to be the motto of the team.
10 things to buy in case of a second wave of COVID-19 before they sell out
10 things to buy in case of a second wave of COVID-19 before they sell outThese items are likely to sell out again. That means you might want to stock up on a few items, just in case. When the coronavirus pandemic first hit, we saw several household essentials and other entertainment items sell out swiftly. To be more prepared in the event of a second wave, you might want to make sure you have enough rolls of toilet paper and face masks. Below, are 10 items you might want to buy in case they sell out during a second wave.
2020 CMA Awards: Luke Combs, Eric Church, Miranda Lambert and more set to perform
Country music hitmakers Luke Combs, Eric Church, Maren Morris, Miranda Lambert and more take stage this November at the 54th annual CMA Awards in Nashville. McEntire joins co-host Darius Rucker for a to-be-detailed tribute performance, a news release said. Lambert performs her new single "Settling Down," while Morris delivers 2020 breakout "The Bones," Church offers new song "Hell of a View" and Combs plays "Cold As You." Lambert tops nominations for the 54th annual CMA Awards, earning seven nods — including Entertainer of the Year, Album of the Year, Song of the Year and Female Vocalist of the Year. Combs follows with six nominations, including his first entry into Entertainer of the Year — a trophy considered by many to be country music’s top prize.
Dennis Quaid, Christina Aguilera among stars vetted by health contractors for US virus ad
“For us, the ‘enemy’ is the virus,” Caputo said, according to the memo. Because public health policy around the coronavirus pandemic has become so politically polarized, it’s unclear how well a confidence-building campaign from the government would play. And Trump has alienated much of the medical establishment with his dismissive comments about basic public health measures, such as wearing masks. Antony and Quaid were among just a few celebrities who were approved for the campaign, according to the documents. “Yet, documents produced by the contractors indicate that the Trump Administration vetted spokespeople based on their political positions and whether they support President Trump.”
These unique lodging spots offer COVID-weary travelers social-distanced splendor
These hotels offer all kinds of lively experiences, from the original bnb – bed and breakfast inns – to luxury treehouses. That route inspires thousands of travelers each year to make a stop in secluded areas like Big Sur. Post Ranch Inn’s enviable location on a ridge high above the Pacific Ocean makes its tree house rooms are ideal for those looking for a relaxing, secluded getaway amongst nature. Big Cypress Lodge features rooms that are designed to bring the great outdoors inside with a variety of rooms that offer rustic elegance and vintage log cabins. It also has a butler’s pantry, complete with dark-blue cabinets and a herringbone backsplash to enjoy meals in the privacy and comfort of your own space – ideal for social distancing.
NBA mock draft: Is LaMelo Ball worth the risk as the No. 1 pick?
Ball is the riskier pick, but the reward could be higher for the team that takes a chance on the heavily hyped Ball brother. Cleveland Cavaliers • Obi Toppin • Dayton • Redshirt sophomore • Forward • 6-9 • 220 poundsAt 22, Toppin is older than most of his counterparts, and his high motor and tenacious dunking translate to immediate production. Boston Celtics (from Memphis Grizzlies) • Cole Anthony • North Carolina • Freshman • Guard • 6-3 • 190 poundsThe Tar Heels had an unexpectedly horrific campaign and Anthony's knee injury played a major part. Oklahoma City Thunder (from Denver Nuggets) • Isaiah Stewart • Washington • Freshman • Forward • 6-9 • 250 poundsStewart became a consistent big man with promising potential as a finisher and rim protector. Toronto Raptors • Jahmi’us Ramsey • Texas Tech • Freshman • Guard • 6-4 • 195 poundsRamsey’s athleticism and perimeter defense will get him by, initially.
The five biggest questions facing college football in Week 9
Parity has been one of the stories of the SEC season as teams below Alabama and Georgia have taken turns knocking off each other. Cincinnati, meanwhile, is slowly working its way into College Football Playoff contention. A look at the top questions for Week 9 in college football:Does Penn State have a chance against Ohio State? This still has the makings of one of the best games of the season. After trouncing SMU 42-13 last week, the Bearcats may have already passed their toughest test of the regular season.
Celebrity Vetting and ‘Helping the President’ to Defeat Coronavirus Despair
WASHINGTON — A $265 million public campaign to “defeat despair” around the coronavirus was planned partly around the politically tinged theme that “helping the president will help the country,” according to documents released on Thursday by House investigators. Michael R. Caputo, the assistant secretary for public affairs at the Department of Health and Human Services, and others involved envisioned a star-studded campaign to lift American spirits, but the lawmakers said they sought to exclude celebrities who had supported gay rights or same-sex marriage or who had publicly disparaged President Trump. The actor Zach Galifianakis, for instance, was apparently passed over because he had declined to have Mr. Trump on his talk show “Between Two Ferns.” (Mr. Galifianakis did have President Barack Obama on the irreverent show.) Ultimately, the campaign collapsed in late September amid recriminations and investigation. He is on medical leave battling cancer.
Khloé Kardashian defends Kim’s birthday trip, talks COVID-19 battle
Khloé Kardashian and her family are standing behind Kim Kardashian and her controversial decision to throw a luxe vacation for her 40th birthday. “I haven’t heard a lot about it, but I did hear that people were upset that we all went out of town. I don’t really know the extent of it,” Khloé says on “The Ellen DeGeneres Show” airing Thursday. I hope you had fun pretending things were normal, but spare a thought for those of us staying in the real world.”Khloé also opened up about her battle with COVID-19 earlier this year, saying it was “super scary” being “really, really sick.”“I just was quarantined in my room for 16 days. We had to wait until I had negative test results for me to leave.
US GDP jumps 7.4 percent in third quarter, a record-setting rebound
The US economy staged a record-setting rebound from the coronavirus crisis in the third quarter, the feds said Thursday — but there’s still a long way to go before the nation makes a full recovery. America’s gross domestic product — the value of all goods and services produced here — grew by roughly 7.4 percent from July to September as consumers and businesses emerged from the pandemic-related lockdowns that led to a 9 percent contraction in the second quarter. Economists were expecting an annualized 31.9 percent jump after the second quarter’s 31.4 percent plunge. “A record surge in third-quarter GDP will likely mark the beginning of the recovery, after a recession which abruptly started in the fourth quarter of last year and likely ended in the second quarter,” said Yelena Shulyatyeva, senior US economist at Bloomberg Economics. The Federal Reserve, which has pushed Congress to pass another stimulus bill, expects GDP to shrink by 3.7 percent this year following growth of 2.3 percent in 2019.
The Finance 202: Trump failed to deliver a Rust Belt revival, imperiling his reelection chances
ADADAnd counties in Midwestern swing states that took a chance on Trump after backing President Obama in 2008 and 2012 are faring worse. Trump pulled off an upset in 2016 when he won the state by less than one percent. Twenty-three of the state’s 72 counties flipped from supporting President Obama in 2012 to Trump in 2016. This year, voters in the state who flipped from Obama to Trump appear to be enduring more financial pain that the broader population. It exceeds the amounts raised from Wall Street executives in support of Trump in both the 2016 and 2020 cycles.
His son’s touchdown run inspired millions. Now he faces his own fight with brain cancer.
ADNow Andy Hoffman is struggling with his own fight with brain cancer. AD“I was diagnosed July 19, when I had a seizure,” Hoffman, 42, an attorney, said in a recent phone conversation. It was really debilitating and I really had to battle back in terms of mobility and I did that. ADHis cancer was diagnosed in 2011, when he was 5, leading to two brain surgeries and chemotherapy. We know we have been given a lot of challenges, but together as a family, we will continue to fight.
Pelosi reveals that she and Mnuchin were miles apart in stimulus talks
ADAD“Your responses are critical for our negotiations to continue,” Pelosi wrote in the letter, which was first reported by Politico Playbook. It’s not happening, right?”Pelosi replied: “Well, that’s when people said, ‘Accept the deal.’ And I was like, ‘What deal? Stocks have been falling as coronavirus cases rise, and the president campaigns around the country accusing Democrats of focusing obsessively on “covid, covid, covid” in their quest to deny him a second term. AD“The American people are suffering, and they want us to come to an agreement to save lives, livelihoods and the life of our American Democracy as soon as possible,” Pelosi wrote. Negotiations have sputtered off and on between Pelosi and Mnuchin, with Trump an erratic force at times calling off talks altogether only to urge an even bigger number than the $2.2 trillion bill approved by House Democrats at the beginning of the month.
Coronavirus live updates: Fauci expresses support for national mask mandate amid record-setting coronavirus infections
A Canadian youth soccer club has been forced to hire private security after parents repeatedly lashed out against coronavirus restrictions in a “horrific and borderline violent” manner. “Enough is enough,” Chilliwack FC wrote in a Tuesday message to the families of players, who range in age from 4 to 9 years old. To be prepared for a potential outbreak, contact tracers also collect spectators’ personal information before games. Some parents have reacted so badly to the new rules “that it can be considered a potential violence in the workplace issue,” the club wrote. After witnessing the amount of abuse directed at volunteers and contact tracers, officials opted to hire private security officers, and said Tuesday that they were prepared to ban parents who become belligerent when asked to comply with the rules.
Weekly unemployment claims dip slightly in last report before election
The data represents what economists say is a disconcertingly high number of new jobless claims that persist seven months into the pandemic. Economists continue to warn about the effect to the economy from the White House and Congress’ inaction on another round of stimulus. ADThe economy has begun to flash more warning signs in recent weeks. Companies announcing layoffs in recent weeks include aerospace giant Raytheon, financial services company Charles Schwab, and Disney World. Indeed Hiring Lab economist AnnElizabeth Konkel noted that the weekly claims remain more than 5 times higher pre-Covid averages.
‘There’s no help coming before the election’: Indiana’s RV capital faces its worst coronavirus outbreak alone
Trump has long disparaged efforts to fight the virus, clashing at times with his own public health officials. Disease detectives from the Centers for Disease Control and Prevention were dispatched with state health officials’ help to study the outbreak. The report didn’t include any revelatory findings and was of little help with the current outbreak because it was so dated, health officials said.) Public health officials have been calling local companies and churches, reminding them of the importance of face masks and social distancing. ADMertz, the county health officer, said she has listened to the state health agency’s suggestions and followed its recommendation guidelines.
Trump’s immigration policy on DACA, travel ban and family separations will be hard to fix
(Jabin Botsford/The Washington Post)The legal immigration system, to be clear, has long been broken. The 2020 fiscal year closed with about 11,800 refugees resettled in the United States; over the three decades pre-Trump, the United States averaged more than six times that figure annually. To be sure, many of the president’s immigration policy changes have already been reversed, paused or have yet to take effect. Chief among the victims is the agency that handles most of the legal immigration system: U.S. That means more than reversing the current president’s depredations; it requires something much more difficult: actually fixing the U.S. immigration system.
Opinion | Trump must accept the election results if he loses. Will his opponents do the same if he wins?
Journalists granted themselves permission to call the president a liar, often when he simply voiced an opinion. ADFinally, social media giants disproportionately target conservative voices while protecting Biden. Social media is where constructive dialogue goes to die, but it’s also where the national conversation resides. Does anyone doubt that Trump will be holding a rally at 1 a.m. on Election Day while Biden snores? But a question repeatedly asked of Trump should be more often asked of his foes: If Trump wins, will they accept the results?
Trump campaign makes play for Latino voters in Pennsylvania
Pennsylvania doesn’t usually come to mind as a hub for Latino voters. ADThe Trump campaign believes its summer push helped registered more Latino voters, and points to a robust Spanish-language advertising and rapid response campaign, and a steady stream of visits by various surrogates. ADCharlie Gerow, a GOP strategist of Brazilian descent in Harrisburg, believes the ground work by the Trump campaign over the summer with Latino voters will “pay huge dividends” on Election Day. On a recent call with campaign surrogates, the Republican National Committee boasted of Biden’s poor Latino outreach in Pennsylvania, according to a Trump campaign staffer. But they’re still concerned about misinformation that has taken hold — as are Biden campaign officials and Democratic strategists.
As Election Day nears, Trump ponders becoming one thing he so despises: A loser
The president’s comments reflect his long-running failure to shift the nation’s focus from the rapidly worsening pandemic in recent months. With Election Day approaching, the virus is surging across the country, with record cases in recent days and growing hospitalizations and deaths. During a speech Wednesday in Wilmington, Del., Biden referenced a Trump rally in Omaha at which thousands of supporters were left stranded waiting for buses in near-freezing weather. On the day of Trump’s visit, Wisconsin recorded 71 covid-19 deaths, the most of any day since the beginning of the pandemic. Trump trails Biden nationally by a wide margin, and his deficit in several swing states remains significant.
Bruce Springsteen calls for an 'exorcism' in the White House, insults Trump and the first family
Bruce Springsteen said the White House is in need of an “exorcism” in the latest installment of his radio show, “From My Home to Yours,” that was focused both on Halloween and the upcoming 2020 election. LAW FIRM HACKERS PLAN TO RELEASE BRUCE SPRINGSTEEN, DIDDY, U2'S BUSINESS DEALS ON DARK WEB“There’s no art in this White House. There are no pets in this White House, no loyal man’s best friend, no Socks the family cat, no kid’s science fairs, no time when the president takes off his blue suit, red tie uniform and becomes human. Except when he puts on his white shirt and khaki pants uniform and hides from the American people to play golf,” he says. “There are no images of the first family enjoying themselves together in a moment of relaxation.
Trump-shaped fruits are in 'big demand' before election, Chinese farmer says
A farmer in China is reaping success with fruits and vegetables uniquely grown to look like President Trump, especially during the last two presidential election cycles. KRISPY KREME GIVING AWAY FREE DOUGHNUTS ON ELECTION DAYThe farmer began growing fruits and veggies inspired by Trump with original plastic molds during the 2016 race, and says there’s been “big demand” for the items — which SWNS has dubbed “Trumpkins” — ever since, and especially as U.S. voters cast their ballots for the upcoming election. Ding will spend between two and three weeks cultivating each crop of the presidential produce, with the fruits and veggies growing to be about 9 inches tall and selling for $40 a pop, according to SWNS. "A lot of people will order them just to put on display, and not eat them. CLICK HERE FOR FOX NEWS' CONTINUING CORONAVIRUS COVERAGEThe Trump-shaped pumpkin mold is currently listed for $39 through the Fruit Molds website, where apolitical shoppers can also score pumpkin molds for skulls and Frankensteins.
Election 5 days away: Trump, Biden to hold dueling rallies in Florida battleground
President Trump and his Democratic rival Joe Biden are set to hold dueling campaign rallies in Florida — a crucial battleground state vital to winning the White House — with just five days left in the presidential race. Following the Florida rally, the president will travel to North Carolina, another marquee state, for a campaign rally in Fayetteville. In the final leg of the campaign, Biden is seeking to frame the battle for the White House as a referendum on Trump's response to the coronavirus pandemic. Later this week, Biden will stump in three more states that Trump won in 2016: Iowa, Wisconsin and Michigan, part of his effort to rebuild the "blue wall" that his Republican opponent knocked down in 2016. In Michigan, Biden will hold a campaign rally with former President Barack Obama.
Millions of mail ballots not yet returned in key states
ATLANTA (AP) — Just days before the presidential election, millions of mail ballots have yet to be returned in key battleground states, and election officials warn that time is running out for voters who want to avoid a polling place on Election Day. At least 35 million mail ballots had been returned or accepted as of early Wednesday, according to data collected by The Associated Press. That surpasses the 33.3 million total mail ballots returned during the 2016 election, according to the U.S. Election Assistance Commission. Yet an estimated 1.9 million ballots were still outstanding in Florida, along with 962,000 in Nevada, 850,000 in Michigan and 1 million in Pennsylvania. In Florida, 4 million of a record 6 million mail-in ballots requested had been returned as of Wednesday morning.
Supreme Court could still overturn Pennsylvania mail-in ballot deadline extension after election
"That question has national importance, and there is a strong likelihood that the State Supreme Court decision violates the Federal Constitution." But nevertheless with the ballots segregated those votes could be discounted if the U.S. Supreme Court rules the deadline extension unconstitutional. The question is how strictly that provision in the Constitution should be interpreted, and whether the state supreme court exceeded its authority in changing the state law. And on Monday, before Barrett was seated on the Supreme Court, the Supreme Court rejected a request by Democrats in Wisconsin to reinstate an extended deadline for ballots to be received. He said that the case presented a different issue than the Pennsylvania case because the Wisconsin deadline was extended by a federal district court at first, while the Pennsylvania deadline was extended by its state supreme court.
United to expand rapid result Covid-19 testing for some passengers
United to expand rapid result Covid-19 testing for some passengersUnited Airlines said on Thursday it plans to offer pre-flight Covid-19 testing for some travelers going to London next month. The trial will run from Nov. 16 to Dec. 11. United said it will pay for Abbott Laboratories' rapid tests for Monday, Wednesday and Friday departures between Newark, N.J. and London. CNBC's Phil LeBeau reports.
United CEO Scott Kirby on expansion of rapid testing for some passengers
United CEO Scott Kirby on expansion of rapid testing for some passengersUnited Airlines said on Thursday it plans to offer pre-flight Covid-19 testing for some travelers going to London next month. The trial will run from Nov. 16 to Dec. 11. United said it will pay for Abbott Laboratories’ rapid tests for Monday, Wednesday and Friday departures between Newark, N.J. and London. United CEO Scott Kirby joins "Squawk Box" to discuss.
Coach-owner Tapestry says women are paying more for their handbags during the pandemic
Women are spending more money when they're shopping for handbags during the coronavirus pandemic, Coach owner Tapestry's latest quarterly results show. And it could be, in part, because consumers are buying bigger, pricier bags to stow away bottles of hand sanitizer and Clorox wipes. Management explained that the gains were fueled largely by the handbag maker cutting back on promotions, thereby selling more items at higher price points. "We're focused on driving [average unit revenue] by being close to our consumer and delivering products that our consumers value," Chief Executive Joanne Crevoiserat told analysts. Tapestry shares were up more than 9% in premarket trading.
U.S. weekly jobless claims total 751,000, vs 778,000 expected
Initial weekly U.S. jobless claims came in at 751,000 for the week ending Oct. 24, down 40,000 from the previous week. Economists polled by Dow Jones expected initial jobless claims to come in at 778,000. It was the lowest initial claims total since the week of March 14, when they came in at 282,000. Economists polled by Dow Jones expected 778,000 new claims for last week. "We had expected that the steep decline we saw in claims last week would be too big to repeat, but downside momentum in claims remains intact," Jefferies economist Thomas Simons said in a note.
Covid: Merck CEO says vaccine won't be a 'silver bullet,' predicts mask use for the 'forseeable future'
As coronavirus cases continue to surge to record highs, the U.S. is racing to develop and distribute a Covid-19 vaccine under the federal government's Operation Warp Speed program. Frazier said "he's very optimistic that in the near future" there will be positive results coming from late-stage clinical trials for coronavirus vaccines and therapeutics. Merck is developing two separate potential coronavirus vaccines, though the company jumped into the race later than its peers. The company acquired Austrian vaccine maker Themis Bioscience, which is developing a Covid-19 vaccine with Institut Pasteur and the University of Pittsburgh and began its phase one trial in August. Frazier told CNBC on Thursday that he expects interim data from the drug's trials in early 2021.
You may be able to score a free Thanksgiving dinner this year by shopping at Walmart
Over a third of Americans say they will spend less on Thanksgiving this year, according to a recent survey of over 1,000 people by cash-back shopping app Ibotta. Ibotta is teaming up with Walmart and brands like Campbell's, Butterball and Coca-Cola to launch a program that aims to provide free Thanksgiving dinners to at least 1 million American families this year. To redeem the cash-back offer on these Thanksgiving dishes, new users need to download the Ibotta app or newly launched Ibotta Browser Extension, unlock the offer and shop for your Thanksgiving items at Walmart. Current Ibotta app users will need to download the browser extension from their computer and log in before proceeding to the company's app, website or browser extension to unlock the offer. "We wanted to do something where we could reach at least a million Americans.
Watch ECB President Christine Lagarde speak after latest policy decision
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after the institution's latest monetary policy decision. The bank opted to keep its rates and wider monetary policy unchanged on Thursday, but hinted at possible policy action in December. Analysts have been expecting an increase monetary stimulus before the end of the year, as lockdowns are re-imposed in Germany and France amid rising Covid-19 cases and a deteriorating economic outlook.
Pinterest shares are soaring — up 38% — after delivering a monster quarter
Shares of Pinterest surged more than 38% Thursday, as investors rallied around the company's blowout third quarter earnings that indicated advertising demand revved up after a difficult period due to the Covid-19 pandemic. CEO Ben Silbermann said on the company's earnings call advertisers "want to be around positivity as they build their brands, and that's contributing to our growth as well." He also said he expects Pinterest's shopping tools to take off with consumers and brands as the company embeds shopping ad units into more places on the app. MKM Partners, while upgrading the stock to Buy, said Thursday that it also expects the company's shopping tools to grow. "It is still early days as far as shopping on Pinterest is concerned," the firm said.
As the Dow enters a correction, two market analysts break down the move
The Dow Jones Industrial Average have now entered a correction, falling more than 10% from its February peak. The blue-chip index has been hard hit this week as spiking Covid cases in the U.S. ignited fears over the economic recovery. "That is driving the markets and has been driving the markets for the past several weeks," Sanchez told CNBC's "Trading Nation" on Wednesday. In the same interview, TradingAnalysis.com founder Todd Gordon reminded investors that the Dow is only a small slice of the market — and it's been underperforming for a long stretch. "The last time the Dow was actually outperforming the Nasdaq was in 2000-2002 when we had the Nasdaq sell off," he said.
Disneyland Paris shuts down again as France enters lockdown
London (CNN Business) Disneyland Paris is temporarily closing again as France enters a second nationwide lockdown to curb a surge in coronavirus infections. The theme park will be shut from January 4 through February 12. France's President Emmanuel Macron announced a new nationwide lockdown on Wednesday that he said will last until December 1 "at minimum." Non-essential businesses, restaurants and bars will be closed starting Monday as the country battles a surge in coronavirus cases that hospitals warn could cause capacity issues. All 12 of its parks in North America, Asia and Europe were closed between March and May.
Jobless claims fall to 751,000 in last report before election
New York (CNN Business) In a sign that the labor market is slowly continuing to improve, 751,000 Americans filed for first-time unemployment benefits last week, the Department of Labor said Thursday in its last report before the presidential election. That's down 40,000 from the prior week , which was revised slightly higher. Unemployment claims have been drifting downward in recent months, but they remain far higher than they were prior to the pandemic. In recent weeks they have fallen below 800,000 for the first time since claims first spiked in March as coronavirus-fueled shutdowns began. That's up nearly 15,000 from the week before.
New York wedding and birthday party lead to 56 Covid cases, nearly 300 in quarantine
A wedding and birthday party in suburban New York turned into two Covid-19 “superspreader” events that infected more than 50 people and left nearly 300 in quarantine, officials said. Out of the 91 attendees, 30 people later tested positive, consisting of 27 guests, two employees, and an outside vendor, Bellone said. Six school districts in Suffolk County have already been affected by the positive cases and associated risk of exposure, officials added. The public health violations come two weeks after a Sweet 16 “super-spreader” party at Miller Place Inn in Suffolk County was fined $12,000, Bellone said at the time. More than three dozen people who tested positive were linked to the event, including 28 students and nine adults, officials said.
Lockdown blues shove stocks, oil back into the red
LONDON (Reuters) - European stocks and commodity markets fell again on Thursday, after a return to national lockdowns in some of the region’s biggest economies triggered the worst global selloff in months. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 27, 2020. The common currency fell to a 10-day low against the dollar and a hundred-day low against the yen. In the currency markets, the U.S. dollar edged up and riskier currencies remained subdued. The dollar, which hit a nine-day high in the previous session, was up 0.3% against a basket of six currencies.
ConocoPhillips posts smaller-than-expected loss as oil prices recover
(Reuters) - Oil producer ConocoPhillips COP.N, which is buying Concho Resources Inc CXO.N for $8.3 billion, posted a smaller-than-expected quarterly loss on Thursday as it benefited from a recovery in crude oil prices from pandemic-driven lows. ConocoPhillips reported a loss of $500 million, or 42 cents per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Third-quarter production was 1.2 million barrels of oil and gas per day, 4% below last year’s levels. As oil prices collapsed in the spring during global coronavirus lockdowns, ConocoPhillips said it would curtail more output than any North American producer, reducing its output by 460,000 barrels per day by June. It expects to exit the year making 1.1 million barrels of oil and gas per day.
Oil extends losses with 5% slump on renewed lockdowns
LONDON (Reuters) - Oil prices fell 5% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. “As lockdowns begin to bite on demand concerns across Europe, the near-term outlook for crude starts to deteriorate,” said Stephen Innes, chief global market strategist at Axi. “[We] believe it is increasingly unlikely that oil production will be stepped up from January,” Commerzbank said. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slams Louisiana.
Blades boss Wilder frustrated after Lundstram rejects new deal
Lundstram, who signed from Oxford United in 2017 and helped the Blades win promotion to the Premier League, is in the final year of his contract, and Wilder said the club would listen to offers for the 26-year-old in January. “I am very frustrated about it. Cards on the table, I believe John should have signed it,” the manager told reporters before Saturday’s home game against Manchester City. “We have offered him a very good contract that is up there with the top players at the club and he has made the decision with his agent that he doesn’t want to sign. The manager added that French forward Lys Mousset, who has not played this season due to a toe injury, could return at the start of December.
Make Science Great Again: U.S. researchers dream of life after Trump
It is the kind of work he once performed in the United States - and hopes to again soon. Against the advice of researchers, Trump announced plans in 2017 to withdraw the United States from the Paris Agreement, an international accord to fight global warming. Biden, by contrast, has promised to fight climate change and to use scientific research and advice to tackle the pandemic. He moved to the French city of Toulouse, he said, to escape the politics that has engulfed U.S. climate science. He works primarily in the hope of informing policy, an endeavor that “was no longer relevant under the Trump administration,” he said.
Moderna says on track to report late-stage COVID-19 vaccine data next month
FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder(Reuters) - Moderna Inc MRNA.O is on track to report early data from a late-stage trial of its COVID-19 vaccine candidate next month, the company said on Thursday, offering the clearest timeline yet on when the world will know whether the vaccine is effective. Moderna, which has no approved products on the market yet, is among a handful of companies in final trials for the vaccine, along with large drugmakers like Johnson & Johnson JNJ.N and Pfizer Inc PFE.N. “I believe that if we launch our COVID-19 vaccine, 2021 could be the most important inflection year in Moderna’s history,” said Chief Executive Officer Stéphane Bancel. The company said it was in talks with the World Health Organization-backed COVAX facility on a tiered pricing proposal for its vaccine.
Disneyland Paris to close again as France orders second virus lockdown
FILE PHOTO: Visitors enjoy the Mad Hatters Tea cups at Disneyland Paris as the theme park reopens its doors to the public in Marne-la-Vallee, near Paris, following the coronavirus disease (COVID-19) outbreak in France, July 15, 2020. REUTERS/Charles PlatiauLOS ANGELES (Reuters) - Walt Disney Co’s Disneyland theme park in Paris will close again as France heads back into lockdown to fight a second wave of coronavirus infections, the company said on Thursday. Disneyland Paris had shut down in March to help fight the pandemic and reopened in July. Schools will stay open [L1N2HJ2WO]. The company announced in September that it was laying off 28,000 workers, most of them at U.S. theme parks.
Saudi Arabia says will open Umrah pilgrimage to Muslims from abroad from November 1 - Saudi media
FILE PHOTO: Muslims, keeping a safe social distance, perform Umrah at the Grand Mosque after Saudi authorities ease the coronavirus disease (COVID-19) restrictions, in the holy city of Mecca, Saudi Arabia, October 3, 2020. Ministry of Hajj and Umrah/Handout via REUTERS/File PhotoDUBAI (Reuters) - Saudi Arabia will open the Umrah pilgrimage to Mecca for Muslims from other countries from Nov. 1, Saudi media reported on Thursday, as the kingdom relaxes measures it had taken to check the spread of the coronavirus. “The Umrah pilgrimage is allowed for Muslims from across the world,” Saudi state TV said, citing a statement from the Ministry of Pilgrimage. Saudi Arabia closed its borders in February to foreign Umrah pilgrims, and in March stopped its own citizens and residents from taking part. In July, it allowed a limited number of domestic pilgrims to perform the Hajj.
Mercedes set for seventh team title and F1 first at Imola
(Reuters) - Lewis Hamilton is closing in on a seventh Formula One championship but his dominant Mercedes team should get there first at Imola on Sunday. “It’s a track with lots of history but one that the Mercedes works team has never raced on before, so there are quite a few unknowns heading into the race weekend,” said team boss Toto Wolff. The race weekend will run to a two-day format, with no Friday practice but an extended session on Saturday before qualifying. McLaren’s Lando Norris, who was only six years old when Raikkonen finished fifth for the same team in 2006, raced at Imola in Italian Formula Four. “With it only being a two-day race weekend, it’ll definitely make things interesting by missing out on two free practice sessions.
WHO's COVID vaccine scheme to offer insurance coverage to poor nations
FILE PHOTO: Small bottles labelled with "Vaccine" stickers stand near a medical syringe in front of displayed "Coronavirus COVID-19" words in this illustration taken April 10, 2020. REUTERS/Dado Ruvic/IllustrationBRUSSELS (Reuters) - A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout of shots and prolong the pandemic. The scheme is being set up by the promoters of the COVAX vaccine facility, which is co-led by the WHO and GAVI, a vaccine alliance.
Oil extends losses with 5% slump on renewed lockdowns
LONDON (Reuters) - Oil prices fell 5% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. FILE PHOTO: An oil refinery and storage facility is pictured south of downtown Houston January 30, 2012. “As lockdowns begin to bite on demand concerns across Europe, the near-term outlook for crude starts to deteriorate,” said Stephen Innes, chief global market strategist at Axi. “[We] believe it is increasingly unlikely that oil production will be stepped up from January,” Commerzbank said. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slams Louisiana.
ECB keeps stimulus unchanged but hints at December action
But the ECB otherwise left unchanged the parameters of its hallmark Pandemic Emergency Purchase Programme. That leaves the ECB with little choice but to extend and expand its 1.35 trillion euro Pandemic Emergency Purchase Programme (PEPP), a move that is likely to come at the bank’s next meeting on Dec. 10. Addressing the rapid deterioration of the outlook is likely to be the focus of ECB President Christine Lagarde’s 1330 GMT news conference and economists expect her to provide clear hints that more stimulus is coming. With Thursday’s decision, the ECB also remains on track to buy another several hundred billion euros worth of bonds through other asset purchase schemes. It kept its deposit rate unchanged at a record-low minus 0.5% while the main refinancing rate remains at zero.
Poland's PM warns of big numbers of coronavirus cases next week
FILE PHOTO: Poland's Prime Minister Mateusz Morawiecki arrives on the second day of a European Union leaders summit in Brussels, Belgium October 2, 2020. Olivier Matthys/Pool via REUTERSWARSAW (Reuters) - Poland’s Prime Minister Mateusz Morawiecki said on Thursday that the number of daily coronavirus cases may be significant next week due to protests against an abortion ruling last week. Poland has been rocked by huge demonstrations, most of them peaceful, since its top court ruled last Thursday that abortion due to foetal abnormalities was not permissible under the constitution. The country reported another daily record of coronavirus infections and deaths on Thursday with new 20,156 cases and 301 deaths related to COVID-19.
White House advisers warn of 'unrelenting' COVID-19 spread in U.S. Midwest, West
We’re going in the wrong direction,” said Dr. Anthony Fauci, task force member and director of the National Institute of Allergy and Infectious Diseases. Fauci noted that coronavirus cases are rising in 47 states and patients are overwhelming hospitals across the country. “We continue to see unrelenting, broad community spread in the Midwest, Upper Midwest and West. This will require aggressive mitigation to control both the silent, asymptomatic spread and symptomatic spread,” one state’s report said. The task force reports said the cooler weather is a major factor in the increase as friends and families move gatherings indoors.
Masks good, ventilation better at cutting COVID risk at indoor events - study
BERLIN (Reuters) - Face masks and limits on numbers are important, but good ventilation technology is the most essential ingredient of all in reducing the risk of the coronavirus spreading at public events indoors, according to a German study. Slideshow ( 2 images )And researchers say the study’s results have implications for containing the epidemic among the broader population too. Around 1,500 volunteers with face masks, hand sanitiser and proximity trackers attended an indoor pop-concert in Leipzig in August to assess how the virus spreads in large gatherings. “The most important finding for us was understanding how crucial it is to have good ventilation technology. This is key to lowering the risk of infection,” said Stefan Moritz, leader of the RESTART-19 study at the University Medical School in Halle.
Disneyland Paris to close again as France orders second virus lockdown
FILE PHOTO: The logo of Disneyland Paris is seen in Marne-la-Vallee, near Paris, as the theme park prepares to reopen its doors to the public following the coronavirus disease (COVID-19) outbreak in France, July 9, 2020. REUTERS/Charles PlatiauLOS ANGELES (Reuters) - Walt Disney Co’s Disneyland theme park in Paris will close again as France heads back into lockdown to fight a second wave of coronavirus infections, the company said on Thursday. Disneyland Paris had shut down in March to help fight the pandemic and reopened in July. Schools will stay open [L1N2HJ2WO]. The company announced in September that it was laying off 28,000 workers, most of them at U.S. theme parks.
Thai protesters target royal spending at Bangkok rally
BANGKOK (Reuters) - Thai protesters criticised spending by King Maha Vajiralongkorn’s palace and held a “fashion show” that parodied members of the royal family at a rally in Bangkok on Thursday that drew thousands of people. Protesters flash lights from their mobile phones while taking part in a protest against the government and to reform monarchy in Bangkok, Thailand, October 29, 2020. Speakers at the rally denounced what they said was wasteful spending by the royal family at a time Thailand’s tourist-reliant economy has been hit hard by the coronavirus. Protesters have called for reforms to the monarchy to reduce the king’s powers. The Thai protesters also seek a new constitution and the removal of Prime Minister Prayuth Chan-ocha, a former junta leader who rejects their accusations he engineered last year’s elections to keep power.
Spain's Catalonia region closes its borders to contain pandemic
FILE PHOTO: Police officers speak to a man while on patrol in a police vehicle during the first day of the night-time curfew set as part of a state of emergency in an effort to control the outbreak of the coronavirus disease (COVID-19), in Barcelona, Spain October 26, 2020. REUTERS/Nacho DoceBARCELONA (Reuters) - Catalonia announced on Thursday a 15-day ban on entering and exiting its territory, the latest in a series of restrictions taken by Spanish regions to try and contain rampant COVID-19 contagion. Catalonia, home to the city of Barcelona, is one of the virus’ hotspots and has already some of the toughest measures in place in the country, including a 15-day shutdown of bars and restaurants, which will also be extended. It announced the new measures as the parliament in Madrid debated a nationwide state of emergency, which the central government wants to last until May to give regions legal backing for taking such restrictive measures. “The government is aware that citizens are tired after months of effort and sacrifices, of not being able to do what they used to do before, to hug people, our family and friends,” Health Minister Salvador Illa told parliament.
Coronavirus cases in the Netherlands remain above 10,000 in past 24 hours-data
FILE PHOTO: A patient infected with the coronavirus disease (COVID-19) is carried on a stretcher to a trauma helicopter to be transferred from the Flevo Hospital to Germany, where hospitals are helping by taking over Dutch coronavirus disease patients now that the number of hospital admissions continues to rise, in Almere, Netherlands October 23, 2020, REUTERS/Piroschka van de WouwAMSTERDAM (Reuters) - The number of new coronavirus infections in the Netherlands remained above 10,000 over the past hours, near a record high, data released by the National Institute for Public Health (RIVM) on Thursday showed. The RIVM said the number of confirmed new cases of COVID-19 was 10,264, just below a high of 10,343 on Oct. 26. The number is being closely watched by the Dutch government, which is weighing tighter curbs.
Merkel lashes out at populists who say coronavirus is harmless
BERLIN (Reuters) - Populists who argue the coronavirus is harmless are dangerous and irresponsible, German Chancellor Angela Merkel said on Thursday, defending a circuit break lockdown aimed at slowing the spread of the virus. It affects us all, without exception,” Merkel told the Bundestag lower house of parliament, adding new restrictions to reduce social contact were “necessary and proportionate”. She said populists who question the seriousness of the crisis were putting lives at risk. Worried hospitals will be overwhelmed, Merkel announced on Wednesday a month-long lockdown from Nov. 2 to include the closure of restaurants, gyms and theatres. “The winter will be hard - four long, hard months - but it will end,” said Merkel.
Bulgarian president self-isolates after COVID-19 contact
FILE PHOTO: Bulgarian President Rumen Radev waves after meeting protesters at an anti-government demonstration in Sofia, Bulgaria, July 23, 2020. REUTERS/Stoyan Nenov/File PhotoSOFIA (Reuters) - Bulgarian President Rumen Radev is self-isolating after his secretary general tested positive for coronavirus and will continue to carry out his duties remotely, the president’s office said on Thursday. Bulgaria has closed universities, high schools and nightclubs for two weeks among other curbs aimed at containing a spike in new COVID-19 cases. Some 45,461 Bulgarians have tested positive for the disease since March and 1,197 have died. Prime Minister Boyko Borissov and Central Bank Governor Dimitar Radev are also in self-isolation after testing positive for the infection.
Spotify adds more subscribers as music streaming gets back on track
STOCKHOLM/NEW YORK (Reuters) - Spotify added more subscribers than expected in the third quarter and forecast strong growth in the current quarter as the music streaming service expands into more markets. Spotify expects 150-154 million total premium subscribers in the fourth quarter, versus analysts’ forecast of 151.5 million. Third-quarter revenue rose 14% to 1.98 billion euros ($2.34 billion). Analysts were expecting 2 billion euros. Spotify lowered the top end of its revenue guidance range for the fourth quarter to 2.2 billion euros from 2.25 billion.
Business & Financial News, U.S & International Breaking News
S&P 500, Nasdaq rise at open on upbeat dataThe S&P 500 and Nasdaq opened higher on Thursday after upbeat economic data allayed some worries about surging coronavirus cases, while technology heavyweights found support ahead of quarterly earnings reports. The S&P 500 opened higher by 6.54 points, or 0.20%, at 3,277.57 and the Nasdaq Composite gained 59.60 points, or 0.54%, to 11,064.47 at the opening bell.
Moderna says on track to report late-stage COVID-19 vaccine data next month
A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder(Reuters) - Moderna Inc is on track to report early data from a late-stage trial of its COVID-19 vaccine candidate next month, the company said on Thursday, offering the clearest timeline yet on when the world will know whether the vaccine is effective. The company, one of the front-runners in the global race to produce a vaccine, said its independent data monitoring committee is expected to conduct an interim review of its ongoing 30,000-volunteer late-stage trial in November. The Cambridge, Massachusetts-based company has signed deals with the U.S. government and several other countries, and is in talks with a WHO-led group for supply of the vaccine. The company said it was in talks with the World Health Organization-backed COVAX facility on a tiered pricing proposal for its vaccine.
Thai protesters target royal spending at Bangkok rally
BANGKOK (Reuters) - Thai protesters criticised spending by King Maha Vajiralongkorn’s palace and held a “fashion show” that parodied members of the royal family at a rally in Bangkok on Thursday that drew thousands of people. Speakers at the rally denounced what they said was wasteful spending by the royal family at a time Thailand’s tourist-reliant economy has been hit hard by the coronavirus. “It wouldn’t be a problem if this wasn’t our money,” student leader Jutatip Sirikhan told the crowd. Protesters have called for reforms to the monarchy to reduce the king’s powers. [nL8N2HJ7WH]The Thai protesters also seek a new constitution and the removal of Prime Minister Prayuth Chan-ocha, a former junta leader who rejects their accusations he engineered last year’s elections to keep power.
Value of Canada building permits jump 17.0% in September from August
FILE PHOTO: Single family homes are seen in Vancouver, British Columbia, Canada September 30, 2020. REUTERS/Jennifer GauthierOTTAWA (Reuters) - The value of Canadian building permits rose by 17.0% in September from August, the biggest monthly increase since May, Statistics Canada said on Thursday. Some municipalities reported that builders began to submit applications earlier as a precaution against potential shutdowns related to the coronavirus pandemic, StatsCan said. The residential sector saw higher intentions for both the single-family and multi-family components, while all three non-residential components also increased. The value of building permits were up in six provinces, with Ontario recording the largest increase.
Canadian dollar turns lower for the month as oil slumps
FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark BlinchTORONTO (Reuters) - The Canadian dollar fell to a four-week low against its broadly stronger U.S. counterpart on Thursday as oil prices tumbled, with investors concerned that rising coronavirus infections could derail a global economic recovery. The Canadian dollar CAD= was trading 0.4% lower at 1.3379 to the greenback, or 74.74 U.S. cents. For the month, the loonie was down 0.4%, having been up as much as 1.8% just eight days ago. U.S. crude CLc1 prices were down nearly 6% at $35.16 a barrel, while the safe-haven U.S. dollar .DXY climbed against a basket of major currencies.
Exclusive: Biden, if elected, would consult allies on future of U.S. tariffs on China - advisers
WASHINGTON/NEW YORK (Reuters) - Democrat Joe Biden would immediately consult with America’s main allies before deciding on the future of U.S. tariffs on China, seeking “collective leverage” to strengthen his hand against Beijing if he is elected president, Biden top advisers said on Wednesday. In political rallies, Trump has often claimed that Biden would take a softer approach to China. But due to the political sensitivities of easing U.S. pressure on China, questions remain about the prospect that Biden will act swiftly to decrease tariffs if he is elected. Immediate consultation would be needed “to identify areas where we can bring collective leverage on China,” Prescott said. “But they’ve been alienated, they’ve been insulted by President Trump, and that’s made our hand with China even weaker than it should be.”
U.S. economy notches record growth in third quarter
Gross domestic product rebounded at a 33.1% annualized rate last quarter, the Commerce Department said in its advance estimate on Thursday. That was the fastest pace since the government started keeping records in 1947 and followed a historic shrinkage rate of 31.4% in the second quarter. Economists polled by Reuters had forecast the economy expanding at a 31% rate in the July-September quarter. The economy slipped into recession in February. Though claims have dropped from a record 6.867 million in March, they remain above their 665,000 peak seen during the 2007-09 Great Recession.
ECB keeps stimulus unchanged but hints at Dec action
But the ECB otherwise left unchanged the parameters of its hallmark Pandemic Emergency Purchase Programme. That leaves the ECB with little choice but to extend and expand its 1.35 trillion euro Pandemic Emergency Purchase Programme (PEPP), a move that is likely to come at the bank’s next meeting on Dec. 10. Addressing the rapid deterioration of the outlook is likely to be the focus of ECB President Christine Lagarde’s 1330 GMT news conference and economists expect her to provide clear hints that more stimulus is coming. With Thursday’s decision, the ECB also remains on track to buy another several hundred billion euros worth of bonds through other asset purchase schemes. It kept its deposit rate unchanged at a record-low minus 0.5% while the main refinancing rate remains at zero.
Putin says equipment a problem in production of Russian COVID-19 vaccines
FILE PHOTO: Russian President Vladimir Putin attends a meeting about the coronavirus disease (COVID-19) outbreak, at the Novo-Ogaryovo state residence outside Moscow, Russia May 22, 2020. Sputnik/Aleksey Nikolskyi/Kremlin via REUTERSMOSCOW (Reuters) - President Vladimir Putin said on Thursday that Russia was facing challenges scaling up production of its main COVID-19 vaccine due to problems with equipment availability, but hoped to start mass vaccinations by the end of the year. “There is one question right now and that’s providing for the industrial production (of the vaccine) in the necessary volumes,” Putin said, speaking by video link to an investor forum in Russia. “We know that many European countries have already signed contract for deliveries of the vaccine from Britain,” Putin said. “Unfortunately, our colleagues there have seen some setbacks, they are making their vaccine on the basis of the monkey adenovirus,” Putin said.
ECB keeps policy unchanged but signals easing in December
FRANKFURT (Reuters) - The European Central Bank left policy unchanged on Thursday, resisting pressure to unveil more stimulus amid a new wave of the pandemic, but provided the clearest hint yet of fresh easing at its next meeting in December. Others among the 19 countries that use the euro are also shutting much of their services sectors, a blow to the fledgling recovery. The ECB warned that the pandemic posed risks to economic growth and it would reassess whether more support is needed at its December 10 meeting, when new projections become available. Banks, flush with liquidity, borrow for minus 1% and their biggest fear is deteriorating credit quality, not the availability of cheap funding. Nevertheless, once the ECB has unveiled fresh economic projections at its Dec. 10 meeting, it is likely to extend and expand its 1.35 trillion euro Pandemic Emergency Purchase Programme and improve funding conditions for banks.
Masks good, ventilation better at cutting COVID risk at indoor events: study
BERLIN (Reuters) - Face masks and limits on numbers are important, but good ventilation technology is the most essential ingredient of all in reducing the risk of the coronavirus spreading at public events indoors, according to a German study. REUTERS/Thilo SchmuelgenAnd researchers say the study’s results have implications for containing the epidemic among the broader population too. Around 1,500 volunteers with face masks, hand sanitiser and proximity trackers attended an indoor pop-concert in Leipzig in August to assess how the virus spreads in large gatherings. “The most important finding for us was understanding how crucial it is to have good ventilation technology. This is key to lowering the risk of infection,” said Stefan Moritz, leader of the RESTART-19 study at the University Medical School in Halle.
Blades boss Wilder frustrated after Lundstram rejects new deal
Lundstram, who signed from Oxford United in 2017 and helped the Blades win promotion to the Premier League, is in the final year of his contract, and Wilder said the club would listen to offers for the 26-year-old in January. “I am very frustrated about it. Cards on the table, I believe John should have signed it,” the manager told reporters before Saturday’s home game against Manchester City. “We have offered him a very good contract that is up there with the top players at the club and he has made the decision with his agent that he doesn’t want to sign. The manager added that French forward Lys Mousset, who has not played this season due to a toe injury, could return at the start of December.
Mercedes set for seventh team title and F1 first at Imola
(Reuters) - Lewis Hamilton is closing in on a seventh Formula One championship but his dominant Mercedes team should get there first at Imola on Sunday. “It’s a track with lots of history but one that the Mercedes works team has never raced on before, so there are quite a few unknowns heading into the race weekend,” said team boss Toto Wolff. The race weekend will run to a two-day format, with no Friday practice but an extended session on Saturday before qualifying. McLaren’s Lando Norris, who was only six years old when Raikkonen finished fifth for the same team in 2006, raced at Imola in Italian Formula Four. “With it only being a two-day race weekend, it’ll definitely make things interesting by missing out on two free practice sessions.
S&P 500, Nasdaq rise at open on upbeat data
FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., October 28, 2020. REUTERS/Carlo Allegri(Reuters) - The S&P 500 and Nasdaq opened higher on Thursday after upbeat economic data allayed some worries about surging coronavirus cases, while technology heavyweights found support ahead of quarterly earnings reports. The S&P 500 .SPX opened higher by 6.54 points, or 0.20%, at 3,277.57 and the Nasdaq Composite .IXIC gained 59.60 points, or 0.54%, to 11,064.47 at the opening bell. The Dow Jones Industrial Average .DJI fell 38.97 points, or 0.15%, at the open to 26,480.98.
India's top carmaker Maruti Suzuki says no urgent need to cut car taxes
BENGALURU (Reuters) - Maruti Suzuki India Ltd, India’s biggest carmaker, said on Thursday there was no immediate need for the government to cut taxes on cars to boost sales even as it warned of uncertainty in demand after December. “At this point when there is no lack of demand for what can be produced (so) giving relief would be quite unnecessary,” Bhargava said. It would, however, be hard to predict the sales situation from January, since short-term demand for cars is expected to have been largely met by then, he said. Maruti reported a net profit of 13.72 billion rupees ($186 million) for the three months ended Sept. 30, missing an average analyst estimate of 15.04 billion, according to Refinitiv data. The carmaker, which saw domestic car sales rise 18.6% to 370,619 units during the quarter as demand for small cars made a comeback, was hit by higher raw material costs and tax expenses.
Justin Turner Failed to be a COVID-19 Role Model
As Vanessa Tyson watched the final out of the 2020 World Series from her childhood home in Whittier, Calif., the moment overwhelmed her. She’d been waiting 32 years, since 1988, to savor another World Series win. Then she found out that one of her favorite players, Dodgers third baseman Justin Turner, left the game in the eighth inning because he tested positive for COVID-19. This is awful.”Turner’s actions overshadowed what should have been a euphoric moment for baseball: being able to crown a World Series champion during a pandemic. So a baseball player could have skipped potentially turning a World Series celebration into a superspeader event.
New Czech health minister named amid spiraling coronavirus crisis
The previous health minister, Roman Prymula, was forced to resign for breaking his own lockdown rules | Martin Divisek/EPAPRAGUE — Czech President Miloš Zeman on Thursday appointed Jan Blatný as the country’s health minister to succeed Roman Prymula, who was forced to resign after being photographed violating his own lockdown restrictions. He takes over the ministry at a critical time in the Czech Republic’s struggle to contain the pandemic. The Czech Republic now has the second-highest per capita weekly rate of infections in the EU, trailing only Belgium. The president of the Czech Medical Chamber, Milan Kubek, told Czech Radio-Radiožurnál that some 15,500 health professionals, including more than 2,900 doctors, are currently infected. The outgoing health minister had previously mandated the closure of schools and all non-essential shops and ordered the wearing of face masks indoors and in most outdoor situations.
U.S. election won’t resolve the world’s China angst
U.S. election won’t resolve the world’s China angst Presented by NoomAs the United States hunkers down for one of the most consequential elections in its history, it’s focused, rightly, on the question of whose votes get counted, how quickly and how justly. Tokyo, Delhi and Canberra want a more consistent U.S. yet fear a post-election over-correction could mean America underestimates China (again). Democratic nominee Joe Biden's supporters say Beijing wants President Donald Trump to win; Trump supporters say Beijing wants Biden to win. "The massive rollout of facial recognition technology is partly exploitation of the psychology of the silent majority,” Lao told China Watcher. — “I'd originally envisioned the story as a ‘tale of two caves,’ Mao's in Yan'an and Xi's in Liangjiahe, both quasi-shrines for red pilgrimages that spin the two leaders' legends,” Su tells China Watcher.
Trump's job rating could tell us a lot about his ballot performance
In 1996, the October NBC/WSJ poll had Bill Clinton’s approval at 56 percent; he got 49.2 percent in that three-way race. In 2004, the late October NBC/WSJ poll had George W. Bush’s approval at 49 percent; he got 50.7 percent of the vote. And in 2012, the October NBC/WSJ poll had Barack Obama’s approval at 49 percent; he got 51.1 percent of the vote. His job rating in our most recent national NBC/WSJ poll was 44 percent. Which means in states like Florida and elsewhere, Trump will need to overperform his current job rating to win.
I Want To Be Happy For My Pregnant Friends, But Sometimes It’s A Struggle. Here’s Why.
It’s not that we aren’t happy for our pregnant friends. We want to be included when you and all our other mommy friends get together with the kids for playdates. With each and every post on their pregnancy journey, their changing shape and their ultrasound photos comes a new reminder of the pain you want to forget. Like when one of my pregnant friends asked me if I was jealous she was pregnant and I wasn’t. Despite the fact that it seems like everyone else can sneeze and get pregnant, it’s actually a fairly common struggle many couples face.
Around 751,000 people filed for first-time jobless benefits last week, in last employment snapshot before Election Day
The number of Americans filing for unemployment benefits last week for the first time continued at historically high levels, reaching 751,000, slightly better than analyst predictions. Thursday's data from the Department of Labor represents the last economic snapshot before the presidential election. “That initial bounce we got in employment that was the easy part,” Ryan Sweet, senior director of economic research at Moody’s, told NBC News. “The longer you’re unemployed, the less likely you’re going to find a job — and the longer you’re unemployed, you might just drop out of the job market altogether,” Sonders said. "A surge in the virus also dampens job seeker interest in opportunities that aren’t remote.
GDP rose at 33.1 percent annualized rate last quarter, but blowout figure is not what it seems
Last quarter saw a record-high jump in economic growth: The government’s initial GDP calculation came in at 33.1 percent for the quarter on an annualized basis. That’s what a lot of this is,” said Dan North, senior economist at Euler Hermes North America. “The utility of a number like GDP is to get it all in one shot,” said Ross Mayfield, an investment strategy analyst at Baird. Market observers say the GDP bounce is too little, too late to move the needle with voters. This is bad news for the fourth quarter, North said.
Perdue, Ossoff face off in Georgia Senate debate, attack goes viral
Perdue and Ossoff met in Savannah for their second debate of the race, which polls indicate is extremely close. The outcome could have national implications over which party controls the Senate, with Democrats hoping Ossoff could give the party their first U.S. Senate win in Georgia since 2000. The number one thing that will bankrupt us is the Green New Deal and socialized medicine,” Perdue said. Wednesday night’s event was the first debate where Perdue and Ossoff met in person. The debate was initially scheduled for Oct. 19 but was postponed so Perdue could return to Washington for a procedural vote on GOP-backed coronavirus relief legislation.
Mail-in ballots extended deadlines in two battleground states approved by Supreme Court
She also repeated her line from earlier today in Tucson that there’s been talk about her values. Trump’s job-approval rating in the battleground is also 47 percent, per the poll. Perdue and Ossoff met in Savannah for their second debate of the race, which polls indicate is extremely close. More than half, 51 percent, of likely voters support the former vice president while 47 percent said that they back Trump. The candidates were tied at 48 percentage in the NBC News/Marist poll from September conducted in Florida.
Biden vows to pass LGBTQ rights legislation in first 100 days
Democratic presidential candidate Joe Biden has promised to make passing the LGBTQ rights legislation known as the Equality Act a top priority, hoping to sign what would be a landmark civil rights law within 100 days should he win Tuesday’s election. He outlined his agenda for LGBTQ rights in an email interview with Philadelphia Gay News publisher Mark Segal, a nationally known advocate for gay rights since the 1970s. “I will make enactment of the Equality Act a top legislative priority during my first 100 days - a priority that Donald Trump opposes,” Biden said of the Republican incumbent he is challenging. The Trump administration opposed the Equality Act, saying it would “undermine parental and conscience rights,” and has also restricted queer rights in the name of religious liberty. The Democratic-led U.S. House of Representatives passed the Equality Act in 2019, but the legislation stalled in the Republican-controlled Senate.
Economy grew at 33.1 percent rate in third quarter of 2020
SEE NEW POSTSEconomy grew at 33.1 percent rate in third quarter of 2020 The U.S. economy grew at an annual rate of 33.1 percent in the third quarter of 2020, the Bureau of Economic Analysis reported Thursday. That's up from the second quarter of this year when real GDP decreased 31.4 percent — a drop fueled by a global pandemic that brought the economy to a halt. Share this -The economy is showing signs of recovery. Anastancia Cuna and her daughter Nyeleti, 13, in a park near their home in Peabody, Mass., on Oct. 25, 2020. Perdue and Ossoff met in Savannah for their second debate of the race, which polls indicate is extremely close.
The economy is showing signs of recovery. Many Black Americans are not.
SEE NEW POSTSThe economy is showing signs of recovery. Anastancia Cuna and her daughter Nyeleti, 13, in a park near their home in Peabody, Mass., on Oct. 25, 2020. She left her job and became one of the tens of millions of Americans whose economic livelihoods were upended this year. Perdue and Ossoff met in Savannah for their second debate of the race, which polls indicate is extremely close. #GASen #GASenDebate pic.twitter.com/5iW8wsrpGq — Jon Ossoff (@ossoff) October 29, 2020 Share this -
The Latest: Paris Masters tennis to be held without fans
The Latest: Paris Masters tennis to be held without fansFans wearing protective face masks watch the Formula One Portuguese Grand Prix at the Algarve International Circuit in Portimao, Portugal, Sunday, Oct. 25, 2020. (Jose Sena Goulao, Pool via AP)Fans wearing protective face masks watch the Formula One Portuguese Grand Prix at the Algarve International Circuit in Portimao, Portugal, Sunday, Oct. 25, 2020. (Jose Sena Goulao, Pool via AP)The Latest on the effects of the coronavirus outbreak on sports around the world:___The Paris Masters tennis tournament will be held without fans next week as France enters a second lockdown phase amid the coronavirus pandemic. The indoor tournament at the Bercy Arena in Paris from Nov. 2-8 was initially allowed to have 1,000 fans for day sessions and none at night. The French Tennis Federation says fans will be refunded for their tickets.
Trump rule requires health plans to disclose costs up front
Trying to pull back the veil on health costs to encourage competition, the Trump administration on Oct. 29, will finalize requirements for insurers to tell consumers up front the actual prices for common tests and procedures. Trying to pull back the veil on health costs to encourage competition, the Trump administration on Oct. 29, will finalize requirements for insurers to tell consumers up front the actual prices for common tests and procedures. ADVERTISEMENTA related Trump administration price disclosure requirement applying to hospitals is facing a federal lawsuit from the industry, alleging coercion and interference with business practices. The idea behind the new regulations on insurers is to empower patients to become better consumers of health care, thereby helping to drive down costs. The Trump administration’s initiative drills down more deeply to try to get at the prices actually paid by insurers.
Eric Church, Miranda Lambert, Maren Morris to play CMAs
FILE - Eric Church performs at Talking Stick Resort Arena in Phoenix, Ariz. on March 28, 2017. Church will perform at this year's CMA Awards in Nashville. (Photo by Rick Scuteri/Invision/AP, File)FILE - Eric Church performs at Talking Stick Resort Arena in Phoenix, Ariz. on March 28, 2017. (Photo by Rick Scuteri/Invision/AP, File)NASHVILLE, Tenn. (AP) — Eric Church, Miranda Lambert, Maren Morris, Luke Combs and more are set to take the stage at the CMA Awards in November. The country music awards show promised that the genre’s biggest stars will be together in one room again for the first time since the COVID-19 outbreak started.
European Central Bank: Just wait until December
FILE - In this Sept. 11, 2020 file photo, European Central Bank (ECB) President Christine Lagarde attends a news conference during the Informal Meeting of Economics and Finance Ministers in Berlin, Germany. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery from the deep downturn early this year. Hannibal Hanschke/Pool Photo via AP, File)FILE - In this Sept. 11, 2020 file photo, European Central Bank (ECB) President Christine Lagarde attends a news conference during the Informal Meeting of Economics and Finance Ministers in Berlin, Germany. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery from the deep downturn early this year. Hannibal Hanschke/Pool Photo via AP, File)FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but signaled that more could be coming at its December meeting given that risks are growing as surging coronavirus infections threaten Europe’s economy.
The Latest: EU leaders condemn deadly French church attack
French policemen and forensic officers stand in front of Notre Dame church after a knife attack, in Nice, France, Thursday, Oct. 29, 2020. French anti-terrorism prosecutors are investigating a knife attack at a church in the Mediterranean city of Nice that killed two people and injured several others. (AP Photo/Daniel Cole)French policemen and forensic officers stand in front of Notre Dame church after a knife attack, in Nice, France, Thursday, Oct. 29, 2020. (AP Photo/Daniel Cole)PARIS (AP) — The Latest on a knife attack in Nice, France , (all times local):2:35 p.m. ___11:20 a.m.An attacker armed with a knife has killed three people at a church in the southern French city of Nice.
Letters, texts, caravans, parades: Advocates mobilize voters
Voters have been ushered to the polls by fleets of minivans, with bicycle parades and on horseback in Indian Country. Often unable to knock on doors or chat in person because of virus concerns, advocates have had to adapt. In Native American tribal communities devastated by the coronavirus, from job losses to sickness and death, advocates are mindful of causing further stress. Some voters are wary of catching the virus by voting in person, but they’re also concerned about the mail-in option. Like Gehman in New Mexico, Rhada Pyati in Philadelphia has devoted untold hours to writing letters as part of Vote Forward.
Khloe Kardashian confirms she had coronavirus in video
FILE - In this Jan. 13, 2019, file photo, Khloe Kardashian watches during the second half of an NBA basketball game between the Los Angeles Lakers and the Cleveland Cavaliers in Los Angeles. The reality star confirmed her previous diagnosis in a Wednesday, Oct. 28, 2020, sneak peek clip of “Keeping Up with the Kardashians.” The bedridden Kardashian spoke in the video with a hoarse voice. (AP Photo/Mark J. Terrill, File)FILE - In this Jan. 13, 2019, file photo, Khloe Kardashian watches during the second half of an NBA basketball game between the Los Angeles Lakers and the Cleveland Cavaliers in Los Angeles. (AP Photo/Mark J. Terrill, File)LOS ANGELES (AP) — Khloe Kardashian says she had tested positive for the coronavirus. The reality star confirmed her previous diagnosis in a Wednesday sneak peek clip of “Keeping Up with the Kardashians.” The bedridden Kardashian spoke in the video with a hoarse voice.
U.S. Economy Grows At Record Pace But Still Has A Long Way To Go
U.S. Economy Grows At Record Pace But Still Has A Long Way To GoEnlarge this image toggle caption Reed Saxon/ASSOCIATED PRESS Reed Saxon/ASSOCIATED PRESSThe U.S. economy grew at a record pace during the last three months, according to the last major economic report before the election. Not many people are popping champagne corks, though, because GDP also shrank at a record pace during the previous three months. Despite the strong rebound in July, August and September, the economy has not yet recovered from the damage done by the coronavirus pandemic. The Commerce Department reported that the economy grew at an annualized pace of 33.1% in the third quarter, as businesses reopened following spring lockdowns and as people increased their shopping. Much of the GDP growth attributed to the third quarter actually came late in the second quarter.
Trump Vs. Biden Poll Shows A Close Race, But 4 Key Groups Favor Joe Biden, IBD/TIPP Presidential Poll Shows
Trump Vs Biden Poll: Suburbs Back ChallengerUrban voters prefer Biden by a 22-point margin, matching Trump's advantage among rural voters, the IBD/TIPP presidential poll update finds. The IBD/TIPP presidential poll shows suburban voters back Biden vs. Trump, 55% to 42%. Presidential Poll DemographicsIBD/TIPP's latest Trump vs. Biden poll shows the president now leading by 4 points among senior citizens, 50%-46%. Women favor the Democrat by a 12-point margin, 54%-42%, in the latest Biden vs. Trump poll update. Yet the latest IBD/TIPP Trump vs. Biden poll finds important contrasts with the Trump vs. Clinton race.
India Crosses 8 Million Coronavirus Cases; Second Only To U.S.
India Crosses 8 Million Coronavirus Cases; Second Only To U.S.Enlarge this image toggle caption Ashwini Bhatia/AP Ashwini Bhatia/APIndia has surpassed 8 million confirmed coronavirus cases, making it the second country to reach that milestone after the United States. For weeks during the fall, India was the country where the virus was spreading the fastest. Earlier this week, India recorded its lowest daily caseload in more than three months. India ranks third behind the US and Brazil in coronavirus fatalities and has recorded 120,527 deaths since the pandemic began. That could cause coronavirus cases to go up again.
Regeneron Stock Up On Advances For Covid-19 Treatment, Lung Cancer Drug
Regeneron Pharmaceuticals (REGN) late Wednesday posted positive data for its Covid-19 treatment candidate and early Thursday said regulators approved its lung cancer drug for priority review, and Regeneron stock rose early. REGN-COV2 is aimed at mild-to-moderate Covid-19 patients who are at high risk of poor outcomes. In premarket trading in the stock market today, Regeneron stock rose 2% to 578. On Wednesday, a rough day for the market overall, Regeneron stock fell 2.7%. After hitting an all-time high of 664.64 in July, Regeneron stock sports a Composite Rating of 97.
Forget AT&T’s Lofty 7.8% Yield. Its Dividend Looks Safe.
Against this backdrop, the stock has recently sold off, pushing up the yield to a lofty 7.8%. When AT&T reported solid third-quarter earnings last week, it boosted its free cash flow guidance to at least $26 billion for the year. That would put the dividend payout ratio, which in this case measures the percentage of free cash flow paid out in dividends, in the high-50s. A lower payout ratio is preferable in part because it means the company’s free cash flow is less stretched and there’s more financial flexibility. Exxon Mobil’s dividend, by contrast, exceeds free cash flow, forcing the company to use other sources such as asset sales to fund the payout.
ECB signals it’s likely to boost stimulus in December
Growth forecasts will be slashed come December, prompting the ECB to provide more stimulus,” said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. In the statement, the ECB said policy makers will “carefully assess the incoming information, including the dynamics of the pandemic, prospects for a rollout of vaccines and developments in the exchange rate,” the Governing Council said. It will also continue to make net purchases under its asset purchase program, or APP, at a monthly pace of 20 billion euros. Those purchases will be accompanied by purchases under the additional €120 billion temporary envelope until the end of the year. ECB President Christine Lagarde will hold a news conference at 2:30 p.m. Frankfurt time, or 9:30 a.m. Eastern.
Stocks rebound after worst day since June
Stocks opened modestly higher Thursday after suffering the biggest rout since June amid a continued stream of corporate earnings and mixed data on the job market. The Dow Jones Industrial Average DJIA, -0.02% added 6 points to open near 26,526, while the S&P 500 SPX, +0.45% gained 10 points, 0.3%, to trade near 3,281. The Nasdaq Composite COMP, +0.94% jumped 74 points, 0.7%, and was near 11,079. That program's claims jumped last week. Shares of Moderna Inc. MRNA, +1.89% bounced higher Thursday after the company said it is "actively preparing for the launch" of its COVID-19 vaccine.
Crocs benefiting from stay-at-home shift, celebrity collaborations
Crocs Inc.’s CROX, -1.20% earnings reached record heights in the third quarter thanks to the stay-at-home shift caused by the coronavirus pandemic and marketing collaborations with a number of big-name celebrities. Crocs stock has surged 44.3% over the past three months, and shares are up 28.7% for the year to date. “Investors’ top question is if the quarter represents the peak of the ‘fad,'” wrote UBS in a note. “We don’t think so because in addition to fashion, the stay-at-home phenomenon and highly effective marketing are fueling Crocs and the benefits of these trends likely continue through 4Q. “UBS rates Crocs stock neutral and raised its price target to $57 from $48.
Coronavirus caution offsets upbeat corporate results from Shell and Lloyds
U.K. blue chips edged lower on Thursday, as upbeat corporate earnings from Royal Dutch Shell and other corporate titans were countered by investors wary England would join Germany and France in locking down. The FTSE 100 UKX, -0.85% slipped 0.2%, after losing 2.6% on Wednesday and closing at six-month lows. The European Central Bank met analyst expectations but perhaps disappointed the market a bit by leaving interest rates and its asset purchase program unchanged. Flutter Entertainment FLTR, +8.01% shares rose 7%. The U.K. government only sets the coronavirus rules for England, and Wales already is in a lockdown.
Carnival's AIDA Cruises to suspend November cruises
Carnival Corp. CCL, +2.27% said Thursday its Germany-based AIDA Cruises will suspend cruises for the month of November, following new restrictions imposed by the country to limit the spread of COVID-19. AIDA said it "fully supports" the government's moves. The suspension comes just a couple weeks after AIDA restarted cruises on a phased-in basis. Carnival's stock bounced 0.6% in premarket trading Thursday, after it plunged 19.9% over the past three days to close Wednesday at the lowest price since May 14. The stock has dropped 75.8% year to date through Wednesday, while the S&P 500 SPX, +0.44% has gained 1.3%.
ECB signals it’s likely to boost stimulus in December
Growth forecasts will be slashed come December, prompting the ECB to provide more stimulus,” said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. In the statement, the ECB said policy makers will “carefully assess the incoming information, including the dynamics of the pandemic, prospects for a rollout of vaccines and developments in the exchange rate,” the Governing Council said. It will also continue to make net purchases under its asset purchase program, or APP, at a monthly pace of 20 billion euros. Those purchases will be accompanied by purchases under the additional €120 billion temporary envelope until the end of the year. ECB President Christine Lagarde will hold a news conference at 2:30 p.m. Frankfurt time, or 9:30 a.m. Eastern.
Stocks rebound after worst day since June
Stocks opened modestly higher Thursday after suffering the biggest rout since June amid a continued stream of corporate earnings and mixed data on the job market. The Dow Jones Industrial Average DJIA, +0.01% added 6 points to open near 26,526, while the S&P 500 SPX, +0.47% gained 10 points, 0.3%, to trade near 3,281. The Nasdaq Composite COMP, +0.92% jumped 74 points, 0.7%, and was near 11,079. That program's claims jumped last week. Shares of Moderna Inc. MRNA, +2.01% bounced higher Thursday after the company said it is "actively preparing for the launch" of its COVID-19 vaccine.
ECB signals it’s likely to boost stimulus in December
Growth forecasts will be slashed come December, prompting the ECB to provide more stimulus,” said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. In the statement, the ECB said policy makers will “carefully assess the incoming information, including the dynamics of the pandemic, prospects for a rollout of vaccines and developments in the exchange rate,” the Governing Council said. It will also continue to make net purchases under its asset purchase program, or APP, at a monthly pace of 20 billion euros. Those purchases will be accompanied by purchases under the additional €120 billion temporary envelope until the end of the year. ECB President Christine Lagarde will hold a news conference at 2:30 p.m. Frankfurt time, or 9:30 a.m. Eastern.
Coronavirus caution offsets upbeat corporate results from Shell and Lloyds
U.K. blue chips edged lower on Thursday, as upbeat corporate earnings from Royal Dutch Shell and other corporate titans were countered by investors wary England would join Germany and France in locking down. The FTSE 100 UKX, -0.85% slipped 0.2%, after losing 2.6% on Wednesday and closing at six-month lows. The European Central Bank met analyst expectations but perhaps disappointed the market a bit by leaving interest rates and its asset purchase program unchanged. Flutter Entertainment FLTR, +8.01% shares rose 7%. The U.K. government only sets the coronavirus rules for England, and Wales already is in a lockdown.
The U.S. Economy Bounced Back — but It Still Has a Long Way to Go
A waiter wearing a protective mask serves drinks outside a restaurant in New York City. Jeenah Moon/Getty ImagesThe U.S. economy grew by 33.1% during the third quarter, beating forecasts for 30.9%—but it still has a long way to go to return to pre-coronavirus levels. The stock market, however, has barely reacted to the release. Dow Jones Industrial Average futures have declined 55 points, or 0.2%, while S&P 500 futures have ticked up 0.1%, and Nasdaq Composite futures have risen 0.4%.
Carnival's AIDA Cruises to suspend November cruises
Carnival Corp. CCL, +2.27% said Thursday its Germany-based AIDA Cruises will suspend cruises for the month of November, following new restrictions imposed by the country to limit the spread of COVID-19. AIDA said it "fully supports" the government's moves. The suspension comes just a couple weeks after AIDA restarted cruises on a phased-in basis. Carnival's stock bounced 0.6% in premarket trading Thursday, after it plunged 19.9% over the past three days to close Wednesday at the lowest price since May 14. The stock has dropped 75.8% year to date through Wednesday, while the S&P 500 SPX, +0.47% has gained 1.3%.
Tupperware sales in North America jump 42% as consumers increasingly eat at home
Tupperware Brands Corp. TUP, +14.46% stock catapulted more than 35% in Wednesday trading after third-quarter earnings got a bump from the surge in consumers eating at home during the COVID-19 pandemic. Sales in North America jumped 42% year-over-year, reaching $146.3 million, according to the earnings release. Tupperware reported third-quarter profit and sales beat consensus and increased year-over-year. On Wednesday, the company also announced that its charitable foundation has made a $1 million donation to the National Park Foundation. Sales in other parts of the world grew as well, with Europe up 23% to $121.2 million, and South America up 4%to $69.6 million.
Crocs benefiting from stay-at-home shift, celebrity collaborations
Crocs Inc.’s CROX, -1.20% earnings reached record heights in the third quarter thanks to the stay-at-home shift caused by the coronavirus pandemic and marketing collaborations with a number of big-name celebrities. Crocs stock has surged 44.3% over the past three months, and shares are up 28.7% for the year to date. “Investors’ top question is if the quarter represents the peak of the ‘fad,'” wrote UBS in a note. “We don’t think so because in addition to fashion, the stay-at-home phenomenon and highly effective marketing are fueling Crocs and the benefits of these trends likely continue through 4Q. “UBS rates Crocs stock neutral and raised its price target to $57 from $48.
Budweiser Brewer Anheuser-Busch Blew Past Beer Sales Expectations. It Is Still Scrapping Its Dividend.
Anheuser-Busch InBev scrapped its interim dividend on Thursday because of the impacts of the coronavirus pandemic, even as the world’s largest brewer posted third-quarter results that showed growth far stronger than expectations. AB InBev (ticker: BUD), which owns brands including Budweiser, Corona, and Stella Artois, is no exception. Last month, the Financial Times reported that Ab InBev had begun the process of replacing its longtime chief executive. “Our third-quarter results reflect our fundamental strengths as the world’s leading brewer and the resilience of the global beer category,” Brito said. AB InBev’s innovation during the pandemic is also impressive—including leveraging its appliance that serves draft beer at home.
Jobless Claims at Lowest Level of Covid Crisis. Can They Keep Improving?
It also marked a new low in claims data since the economic shutdowns spurred by the coronavirus pandemic put millions of Americans out of work. The four-week moving average of initial claims data fell to 787,750 from 812,250. Economists had expected that 778,000 Americans sought initial claims and that 7.7 million would seek continuing claims. While the downward trajectory of newly unemployed persons is positive, levels are still at historic highs due to the economic impact of the coronavirus pandemic. For comparison, this time last year saw 217,000 initial claims filled and 1.7 million continuing claims.
ECB Keeps Policy Unchanged but Hints at December Decision
The European Central Bank on Thursday kept its monetary policy unchanged, but sent the clear signal that its next economic forecast in December will trigger a “thorough reassessment” of its current stance. In other words, the ECB is nearing the moment when it will have to loosen its policy even further, to help the eurozone economy weather the devastating consequences of the Covid-19 second wave. The central bank’s key interest rate was kept unchanged at minus 0.5%. So it wasn’t pressed to decide an increase of this so-called quantitative easing program, which may happen at the December meeting. The ECB is also perpetually challenged by the low level of inflation in the eurozone, which has prevented the central bank from reaching its only official goal ever since 2013.
GDP soars by record 33.1% annual pace in third quarter, but coronavirus resurgence threatens U.S. economic recovery
What the third-quarter showed was a record rebound in consumer spending and a revival in business investment, two of the key pillars of the economy. Consumer spending skyrocketed by a 40.7% annual clip, the government reported Thursday, almost double the previous record set shortly after World War Two. After an explosion in spending in the second quarter, the federal government also cut back during the summer. U.S. imports surged at a 91% annual rate as Americans spent a portion of their government stimulus on foreign goods. Economists polled by MarketWatch had already penciled in a much smaller 3.2% increase in fourth-quarter GDP before the latest outbreak.
Stocks rebound after worst day since June
Stocks opened modestly higher Thursday after suffering the biggest rout since June amid a continued stream of corporate earnings and mixed data on the job market. The Dow Jones Industrial Average DJIA, -0.00% added 6 points to open near 26,526, while the S&P 500 SPX, +0.46% gained 10 points, 0.3%, to trade near 3,281. The Nasdaq Composite COMP, +0.92% jumped 74 points, 0.7%, and was near 11,079. That program's claims jumped last week. Shares of Moderna Inc. MRNA, +2.01% bounced higher Thursday after the company said it is "actively preparing for the launch" of its COVID-19 vaccine.
Kraft Heinz Stock Is Surging. Beating Earnings Estimates Is Becoming a Trend.
Thursday morning, Kraft Heinz reported solid third quarter earnings. Kraft stock, as a result, is rising. It’s the seventh consecutive earnings “beat” since weak 2018 performance pushed the stock lower and, eventually, led to the hiring of a new chief executive. Kraft stock is surging 3.2% to $30.16 in Thursday morning trading. Barron’s recently wrote positively about Kraft stock, believing the dividend could be maintained while operations were improved and debt paid down.
What Joe Biden’s tax plan could mean for you: no step-up in basis on inheritances and a bigger child tax credit
The current tax rate on such profits is 30.8%. This is a refundable credit, which means you don’t have to have any federal income tax liability to collect the credit. The Biden tax plan would increase the maximum refundable child credit to $4,000 for one qualifying child or $8,000 for two or more qualifying children. New credits for homebuyers and rentersThe Biden plan would create a new refundable tax credit of up to $15,000 for eligible first-time homebuyers. The Biden tax plan would restart the 12.4% Social Security tax on wages and net SE income above $400,000.
What a win for Donald Trump could mean for your taxes: possible payroll tax cuts and lowering rates on long-term capital gains
Extend existing individual tax rate cuts beyond 2025The Tax Cuts and Jobs Act (TCJA) lowered five of the seven individual federal income tax rates for 2018-2025. What about other TCJA individual tax provisions? New tax breaks to spur business activity and create jobsWithout providing specifics, President Trump has called for a new “Made in America” tax credit. Several COVID-19 federal tax relief measures for businesses will also disappear unless things change. While we may or may not see any tax cuts in 2021-2022, we probably won’t see many tax increases in those years if President Trump is reelected.
Gold prices retreat further as U.S. dollar extends rise
Gold futures early Thursday headed lower ahead of U.S. data reports on GDP and weekly jobless claims and a meeting of the European Central Bank. The moves add to the descent of gold toward a one-month low on Wednesday as bears pointed to a rising U.S. dollar eroding appetite for bullion. Investors have been reacting to news of rising cases of COVID-19 throughout the world that could debilitate the global economy. An update from the ECB, less than a week from the Federal Reserve’s policy update was, also on investors’ minds. A bounce back in line with expectations would still see the economy significantly smaller than it was before the pandemic.
Coronavirus caution offsets upbeat corporate results from Shell and Lloyds
U.K. blue chips edged lower on Thursday, as upbeat corporate earnings from Royal Dutch Shell and other corporate titans were countered by investors wary England would join Germany and France in locking down. The FTSE 100 UKX, -0.86% slipped 0.2%, after losing 2.6% on Wednesday and closing at six-month lows. The European Central Bank met analyst expectations but perhaps disappointed the market a bit by leaving interest rates and its asset purchase program unchanged. Flutter Entertainment FLTR, +8.01% shares rose 7%. The U.K. government only sets the coronavirus rules for England, and Wales already is in a lockdown.
ECB Keeps Policy Unchanged but Hints at December Decision
Text sizeThe headquarters of the European Central Bank in Frankfurt, Germany. Getty ImagesThe European Central Bank on Thursday kept its monetary policy unchanged, but sent the clear signal that its next economic forecast in December will trigger a “thorough reassessment” of its current stance. It will then “carefully assess the incoming information, including the dynamics of the Covid-19 pandemic, prospects for a rollout of vaccines, and developments in the exchange rate, the central bank said in a release, in a rare overt acknowledgment that the current strength of the euro is beginning to be a problem it has to tackle head on.
DuPont Earnings Beat Estimates Because China Is Leading the Global Recovery
Text sizeIn another sign that the global economy is improving, sales and earnings at global chemical company DuPont exceeded Wall Street estimates. DuPont (ticker: DD) said Thursday it earned 88 cents a share from $5.1 billion in sales in the third quarter. Wall Street was looking for 75 cents in per-share earnings from $5 billion in sales. After withdrawing earnings guidance in April because of the pandemic, the company provided full-year 2020 guidance in this report. When giving guidance, DuPont Executive CEO Ed Breen said the company assumes no change in the path of the current economic recovery.
Budweiser Brewer Anheuser-Busch Blew Past Beer Sales Expectations. It Is Still Scrapping Its Dividend.
AB InBev (ticker: BUD), which owns brands including Budweiser, Corona, and Stella Artois, is no exception. Last month, the Financial Times reported that Ab InBev had begun the process of replacing its longtime chief executive. Ab InBev said on Thursday that revenue in the third quarter of 2020 was $12.8 billion, 4% higher than last year on an organic basis. “Our third-quarter results reflect our fundamental strengths as the world’s leading brewer and the resilience of the global beer category,” Brito said. AB InBev’s innovation during the pandemic is also impressive—including leveraging its appliance that serves draft beer at home.
Nokia Stock Crushed After Cutting Profit Outlook. The New CEO May Be Clearing the Decks.
Text sizeTelecom-equipment maker Nokia reported a third-quarter profit that didn’t set off any alarm bells. But its stock slumped on Thursday, falling as much as 18% in Helsinki, as Nokia cut its 2020 profit view and guided toward a 2021 outlook worse than analysts expected. Nokia reported its earnings per share, on an adjusted basis, were steady in the third quarter as revenue fell 7%. But Nokia trimmed its profit outlook for the year—which at this point means, the fourth quarter—now seeing operating margins of 9% instead of a previous estimate of 9.5%. Amit Harchandani, a Citi analyst, wondered why Nokia hadn’t guided toward the weaker outlook earlier.
Kraft Heinz Stock Is Surging Because Beating Earnings Estimates Is Becoming a Trend
Text sizeThursday morning, Kraft Heinz reported solid third quarter earnings. Kraft stock, as a result, is rising. It’s the seventh consecutive earnings “beat” since weak 2018 performance pushed the stock lower and, eventually, led to the hiring of a new chief executive. Kraft stock is surging 3.2% to $30.16 in Thursday morning trading. Barron’s recently wrote positively about Kraft stock, believing the dividend could be maintained while operations were improved and debt paid down.
Jobless Claims Are at the Lowest Level of the Crisis. Can They Keep Improving?
It also marked a new low in claims data since the economic shutdowns spurred by the coronavirus pandemic put millions of Americans out of work. The four-week moving average of initial claims data fell to 787,750 from 812,250. Economists had expected that 778,000 Americans sought initial claims and that 7.7 million would seek continuing claims. While the downward trajectory of newly unemployed persons is positive, levels are still at historic highs due to the economic impact of the coronavirus pandemic. For comparison, this time last year saw 217,000 initial claims filled and 1.7 million continuing claims.
The U.S. Economy Bounced Back in a Big Way — but It Still Has a Long Way to Go
The U.S. Economy Bounced Back in a Big Way — but It Still Has a Long Way to GoText sizeA waiter wearing a protective mask serves drinks outside a restaurant in New York City. Jeenah Moon/Getty ImagesThe U.S. economy grew by 33.1% during the third quarter, beating forecasts for 30.9%—but it still has a long way to go to return to pre-coronavirus levels. The stock market, however, has barely reacted to the release. Dow Jones Industrial Average futures have declined 55 points, or 0.2%, while S&P 500 futures have ticked up 0.1%, and Nasdaq Composite futures have risen 0.4%.
Forget AT&T’s Lofty 7.8% Yield. Its Dividend Looks Safe.
Against this backdrop, the stock has recently sold off, pushing up the yield to a lofty 7.8%. When AT&T reported solid third-quarter earnings last week, it boosted its free cash flow guidance to at least $26 billion for the year. That would put the dividend payout ratio, which in this case measures the percentage of free cash flow paid out in dividends, in the high-50s. A lower payout ratio is preferable in part because it means the company’s free cash flow is less stretched and there’s more financial flexibility. Exxon Mobil’s dividend, by contrast, exceeds free cash flow, forcing the company to use other sources such as asset sales to fund the payout.
Three permanent side-effects of COVID-19 that are pretty creepy
Some patients with COVID-19 have persistent skin-related symptoms long after their initial infection has cleared. Coronavirus may cause sudden permanent hearing loss in some patientsThey said while the causes are not very clear, the condition sometimes follows a viral infection, such as flu or herpes. According to the scientists, the virus also generates an inflammatory response and an increase in the chemicals that have been linked to hearing loss. An analysis of more than 80 studies reporting complications experienced by COVID-19 patients has revealed that about one-third of them have abnormalities in the frontal lobe of the brain. Since the brain cannot regenerate, Haneef cautioned that any damage to the organ will more than likely be permanent.
There's an important link between vitamin D and coronavirus
Vitamin D, a hormone which is processed in the kidneys, is well known for assisting the body in helping to fight off infections, like the flu or a cold. Professor Adrian Martineau, lead researcher, said of the ongoing work, "There is mounting evidence that vitamin D might reduce the risk of respiratory infections, with some recent studies suggesting that people with lower vitamin D levels may be more susceptible to coronavirus." Given we've now transitioned into autumn, Vitamin D (found in sunlight) is going to be harder to come by naturally, says Claire Barnes, a nutritional therapist for Bio-kult. "Seasonal Affective Disorder has been associated with low serotonin and low vitamin D levels. Vitamin D supplementation during the winter months has been shown to improve mood and is recommended as adequate vitamin D cannot be obtained from food alone."
Merkel plans circuit-break lockdown for Germany
Germany may be about to reimpose a coronavirus lockdown almost approaching the level of the sweeping measures that hit last spring. The plan will be to try and agree on nationwide rules in favor of a confusing patchwork of local measures. Germany is Europe's largest economy and was widely praised for its pandemic handling earlier in the year, keeping infection and death rates low. Almost all regions of Germany face an exponential increase in infection rates and local health authorities have become unable to trace all infections. German Health Minister Jens Spahn said ”If we wait until the intensive care units are full, it will be too late."
Mexican president slams European coronavirus lockdown measures
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Wednesday blasted European countries for adopting strict lockdowns to stem the spread of coronavirus, suggesting they smacked of authoritarianism. Germany and France were on Wednesday preparing to announce restrictions approaching the level of spring's blanket lockdowns as COVID deaths across Europe surged. National or local authorities have already imposed nighttime curfews in several European countries, including France, Spain, Italy and the Czech Republic. Speaking at a regular news conference, Lopez Obrador voiced regret at the measures being taken in Europe and urged governments to show more faith in their populations. Lopez Obrador called on Mexicans to practice personal hygiene, social distancing and act responsibly.
The Latest: Winfrey boosts Biden at get-out-the-vote event
WASHINGTON (AP) — The Latest on the presidential campaign (all times local):8:35 p.m.Joe Biden is getting a boost from Oprah Winfrey in the final days of the presidential campaign. While President Donald Trump won all but Minnesota in 2016, Democrats are increasingly optimistic Biden can win at least Michigan and Pennsylvania back, and he’s making a play for Ohio as well. ___HERE’S WHAT YOU NEED TO KNOW ABOUT THE PRESIDENTIAL RACE:The presidential campaign shifts west as President Donald Trump visits an Arizona town across the Colorado River from Nevada. The Biden campaign announced the rally on Wednesday but hasn’t said where it will be held. President Donald Trump won Michigan by just under 11,000 votes four years ago, making it his closest margin of victory in any state.
France, Germany impose new lockdowns to curb virus spread
“We are deep in the second wave,” European Commission President Ursula von der Leyen told reporters in Brussels. German officials have agreed to a four-week shutdown of restaurants, bars, cinemas, theaters and other leisure facilities in a bid to curb a sharp rise in coronavirus infections, Chancellor Angela Merkel said. French President Emmanuel Macron announced a second nationwide lockdown from midnight Thursday until Dec. 1, but said schools would remain open. The loud but peaceful rally contrasted with angry scenes in the last few days, when anti-mask protesters clashed with police in the German capital, the Czech Republic and in several Italian cities. The Czech Health Ministry said the country’s daily increase in new infections hit a record high of 15,663 on Tuesday — more than was reported Wednesday in Germany, which has eight times the population.
Lindsey Graham Is Being Boosted by a Tea Party Group That Has Always Hated Him
Win McNamee/GettyIt’s no secret that Sen. Lindsey Graham is in the fight of his political life in the closing days of his campaign to win reelection to the U.S. Senate. During the Tea Party wave in 2010, Graham—once seen as one of the most mainstream members of the Republican Party—became one of the movement’s most loathed “RINOs,” or Republicans In Name Only. Leaders of the state’s Tea Party chapters attempted to recruit then-Gov. Mark Sanford to primary Graham after he voted to confirm Justice Elena Kagan to the Supreme Court, and one speaker at a Greenville Tea Party rally that year made accused Graham of “trying to sell out your own countrymen” to avoid being outed. !”Greenville Tea Party members and business partners have made even more extreme claims.
Germany to go into circuit-break lockdown as coronavirus surges
By Sabine Siebold and Andreas RinkeBERLIN (Reuters) - Germany will impose an emergency month-long lockdown that includes the closure of restaurants, gyms and theatres to reverse a spike in coronavirus cases that risks overwhelming hospitals, Chancellor Angela Merkel said on Wednesday. To make the measures more palatable especially for smaller companies, Germany will offer financial aid to those hurt by the new restrictions. (Graphic: https://tmsnrt.rs/3mxsgbX)Deaths jumped by 85 to 10,183, heightening fears for the health system after Merkel warned it could hit a breaking point if infections continue to spiral. Merkel and Germany's 16 state government leaders will reconvene two weeks into the partial lockdown to assess the effectiveness of the measures. ($1 = 0.8461 euros)(Reporting by Sabine Siebold and Andreas Rinke; Additional reporting by Michael Nienaber, Holger Hansen and Michelle Adair; Writing by Madeline Chambers and Maria Sheahan; Editing by Janet Lawrence, Nick Macfie and Lisa Shumaker)
A mutated coronavirus strain causes most new COVID-19 infections in Europe and was spread within the continent by tourists, scientists say
Europa Press News/Europa Press via Getty ImagesMost new COVID-19 cases in Europe come from a mutated variant of the coronavirus spread from Spain by tourists, scientists said in a report Thursday. The coronavirus variant was first identified in northeastern Spain in June and was carried abroad by tourists and other travelers, the scientists said. The majority of new COVID-19 cases in Europe stem from a mutated strain of the coronavirus that has been traced back to Spain and was spread across the continent over the summer by tourists, scientists said in a report Thursday. "This variant, 20A.EU1, and a second variant 20A.EU2 ... account for the majority of recent sequences in Europe," the scientists said. The variant is mainly contained within Europe because of the lack of intercontinental travel during the pandemic, the scientists said.
Supreme Court leaves NC absentee ballot deadline at Nov. 12
WASHINGTON (AP) — The Supreme Court will allow absentee ballots in North Carolina to be received and counted up to nine days after Election Day. North Carolina Attorney General Josh Stein, a Democrat whose office defended the deadline extension in court, hailed the high court’s decision in a statement. “North Carolina voters had a huge win tonight at the U.S. Supreme Court. The Court upheld the State Board of Elections’ effort to ensure that every eligible vote counts, even during a pandemic,” he said. The election board and the state judge “worked together to override a carefully tailored legislative response to COVID,” Gorsuch wrote.
U.S. Economy Expands at Record 33.1% Pace After Covid-19 Plunge
Personal spending fueled the surge in growth, climbing an annualized 40.7%, also a record, while business investment and housing also posted strong increases. A separate report showed applications for U.S. state unemployment benefits fell more than forecast last week. The rebuilding of inventories added 6.6 percentage points to the quarterly growth pace, and will likely continue to be a prop in the current quarter as companies add to stockpiles that were whittled down during lockdowns. The third-quarter figures are also in line with generally solid corporate reports during the latest corporate earnings season. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.
Q3 GDP: US economic activity rose at a record 33.1% annualized pace after pandemic-induced slump
And the question is how much momentum does the economy have coming out of the end of the quarter? But if we looked just at the data, there's actually still a lot of momentum in the economy. So I don't think they've hit the economy yet. So I think that's the balance of where-- where we are at present. But there's just-- there's still a lot of momentum and a lot of saving on balance sheets.
How Facebook, Twitter policies have changed since 2016 in the name of voter integrity
Facebook and Twitter have made a number of significant policy changes since the 2016 election in the name of voter integrity and news accuracy. The website has also removed more than 100 networks worldwide engaging in coordinated inauthentic behavior since 2017, including 30 networks so far in 2020. Russian troll farms and other foreign operatives used Facebook and Twitter in 2016 to push political messages to American users – many of whom use social media as a way to get their news – in an attempt to influence the election. CLICK HERE TO READ MORE STORIES ON FOX BUSINESSAdditionally, Facebook came under fire after the 2016 election when The New York Times, The London Observer and The Guardian uncovered documents showing how Cambridge Analytica, a British consulting firm, improperly harvested data from Facebook users to help political campaigns reach voters. Facebook has testified before Congress more than 20 times since 2016.
US economic growth shatters record at 33.1%, but fails to snap coronavirus recession
The U.S. economy grew at a record-shattering pace in the third quarter as businesses reopened from the coronavirus shutdown, but the nation remains in a deep hole from the COVID-induced recession. The previous post-World War II record was a 16.7% increase in 1950. Because third-quarter growth is measured against second-quarter growth -- a historically low baseline -- any bounceback at all would generate huge growth. WILL A RECORD GDP SURGE BOOST TRUMP'S REELECTION ODDS? Personal consumption increased by 40.7%, a record, last quarter.
Another 751,000 Americans filed for jobless aid last week as layoffs remain high
The number of Americans applying for state unemployment benefits remained persistently high last week, indicating the pace of layoffs is still elevated as a resurgence in coronavirus cases threatens to derail the economy's recovery. Continue Reading BelowThe latest jobless claims figures from the Labor Department, which cover the week ending Oct. 24, show that 751,000 workers sought aid last week, about four-times the pre-crisis level. More than 65 million Americans ? roughly 40% of the nation's labor force ? have sought jobless aid since the coronavirus lockdowns began in mid-March. Economists surveyed by Refinitiv expected 775,000 new claims. Please check back for updates.
Millions of Americans plan to move to more affordable areas amid pandemic
The coronavirus pandemic has given many Americans more job flexibility – and, in turn, tens of millions plan to relocate. One of the biggest motivators, for more than half of households, was the desire to live in a house that was at least 10% more affordable, the study showed. In San Francisco, the price of a one-bedroom apartment fell more than 24% in September. Overall, in the 100 largest U.S. cities, average one-bedroom rents fell 1% year-over- year during the same time period. CLICK HERE TO READ MORE ON FOX BUSINESS
New York Lays the Groundwork for Legalizing Cannabis
Several key people in key positions in the State of New York have signaled an increasing openness to the idea of legalizing adult use cannabis. He spoke about how bordering states that have legalized adult use cannabis are pushing for New York to consider making changes. Elliot Choi, counsel at Vicente Sederberg LLP's New York office said, "The size of the New York market cannot be overstated. The potential of legal New York adult-use cannabis sales have been estimated at $1.5 billion a year by 2023, although depending on the levels of taxation, a well-embedded illegal market may continue to thrive. Despite salivating over potential tax revenue, April is still a pretty aggressive timeline for New York to develop and administer a legal cannabis program.
Qualcomm and Broadcom Stock Have Nearby Support
Cramer reiterated that he likes Qualcomm (QCOM) and Broadcom (AVGO) . The On-Balance-Volume (OBV) line has rolled over but we can also see a potential zone or band of support in the $115-$110 area. In this daily Point and Figure chart of QCOM, below, we can see a potential downside price target in the $111 area. In this daily Point and Figure chart of AVGO, below, we can see a potential downside price target in the $309 area. Like the QCOM chart this target is near the lower end of potential support.
DuPont Electronics Sales Lift Adjusted Profit Ahead of Estimates
The Wilmington, Del., company posted a net loss of $79 million, or 11 cents a share, for the latest quarter, swinging from profit of $372 million, or 50 cents a share, in the year-earlier quarter. The FactSet analyst consensus called for 75 cents in the latest quarter. Revenue slid 6.1% to $5.1 billion from $5.43 billion in the year-earlier quarter. The analyst consensus called for $5.01 billion. That compares with the analyst consensus of $3.03 for adjusted EPS and $20.12 billion for revenue.
Morning Bell With Jim Cramer: Don’t Buy Shopify Now
TheStreet's Katherine Ross and Cramer discussed buying Shopify, Bed, Bath & Beyond's turnaround plan, and Raytheon earnings. Shopify Stock: Buy or Sell? Cramer said that Shopify does many things that are right but investors shouldn’t buy the stock at the level it is at now. Raytheon Stock: Buy or Sell? Want to be alerted before Jim Cramer buys or sells any stock?
Stocks Mixed as Economy Surges but Sharp Virus Rise Makes Outlook Murky
Gains were capped by a worrying rise in coronavirus cases in the U.S. and Europe and concerns that measures to mitigate the spread of the virus could derail an economic recovery. The Dow Jones Industrial Average fell 51 points, or 0.2%, to 26,468, the S&P 500 rose 0.29% and the Nasdaq was up 0.66%. Weekly jobless claims fell 40,000 to 751,000, down from the upwardly revised 791,000 in the previous week. "Much of the economic outlook depends on the trajectory of the coronavirus and the ability for businesses to remain open." Stocks finished sharply lower Wednesday as investors' fears about the pandemic's impact on economic activity heightened.
16 culture picks: Kamasi Washington’s Michelle Obama score, Kristina Wong onstage
Kamasi Washington and Kristina Wong lead our weekly list of online concerts, streaming theater productions, virtual art exhibitions and other culture for your viewing consideration this weekend. Kamasi WashingtonThe jazz saxophonist and composer performs his score for the documentary “Becoming: An Intimate Portrait of Michelle Obama” on a new installment of the Los Angeles Philharmonic’s “Sound/Stage” series of pandemic concerts filmed at the Hollywood Bowl in August. holocaustmuseumla.org“Triumph!”The Los Angeles Women’s Theatre Festival presents this two-part showcase featuring theater, dance and storytelling by female writer-performers. Register at operasb.orgAdvertisement“Dementia”The Latino Theater Company streams an archival performance of Evelina Fernández’s examination of homosexuality, teen pregnancy and other topics. Enter Email Address Sign Me Up You may occasionally receive promotional content from the Los Angeles Times.
Royal Caribbean Posts Quarterly Loss, Sees Loss for Full Year
Royal Caribbean posts a third-quarter loss as the cruise-ship operator continues to struggle through the coronavirus pandemic shutdown. Royal Caribbean (RCL) - Get Report posted a third-quarter loss as the cruise-ship operator continues to struggle through the coronavirus pandemic shutdown. Royal Caribbean reported a net loss of $1.35 billion, or $6.29 a share, compared with net income of $883.2 million, or $4.20 a share, in the year-earlier period. The latest adjusted loss came to $5.62 a share, missing FactSet's forecast for a loss of $5.12. Royal Caribbean said that as of Sept. 30 it had liquidity of about $3.7 billion and had raised an additional $1.15 billion during October.
What does it take to pull off a drive-in dance show? L.A. Dance Project explains
Last month L.A. Dance Project premiered its drive-in dance series, which included “Solo at Dusk,” a work choreographed by former Batsheva Dance Company members Bobbi Jene Smith and Or Schraiber. AdvertisementL.A. Dance Project drive-in dance performances are the new normal for companies during the pandemic. (Josh S. Rose)Developing a COVID-19-compliant season began during the early days of the pandemic, L.A. Dance Project Executive Director Lucinda Lent said. LA Dance Project drive-in performances are held in the parking lot of their downtown studio. (Benjamin Millepied)For choreographers Smith and Schraiber, working with L.A. Dance Project was an ideal environment for creating dance during the pandemic.
In the hospital? You can still vote in California and most other parts of the country
AdvertisementAt least 37 other states allow emergency voting for medical reasons, according to the National Conference of State Legislatures. In California, New York and several other states, hospital employees and volunteers can help a patient complete an emergency ballot application. Did you know that you can vote from your hospital bed if you’re a registered voter hospitalized around Election Day? She did research and learned patients could vote in the hospital using an emergency ballot — something none of her co-workers knew. Those who say yes get emergency ballot applications, which the hospital has been sending to the L.A. County registrar-recorder for verification.
US Economy Sees Record Growth In Q3 on COVID Re-Openings, But Gains Unlikely to Continue as Second Wave Accelerates
The world's biggest economy notched a record growth rate over the three months ending in September, but rising coronavirus infection rates mean the gains won't be repeated over the final months of the year. The U.S. economy grew the most on record over the third quarter as trillions of coronavirus relief from Congress and the Federal Reserve supported household and business spending. The gains, however, still leave the broader economy notably weaker than at the start of the coronavirus pandemic, with more than 10.7 million jobs lost. "In order to put GDP back onto the path which could reasonably have been expected in the absence of Covid, third quarter growth would have had to be about 63%." Consumer spending surged 40.7%, the Commerce Department said, but hasn't yet offset the 33.2% slump recorded over the second quarter.
U.S. economy rebounded to grow at record 33% rate last quarter
Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete. With no further federal aid in sight this year, Goldman Sachs has slashed its growth forecast for the current fourth quarter to a 3% annual rate from 6%. Trump has drawn generally solid public support for his handling of the economy. Though the unemployment rate, at 7.9%, is down significantly from 14.7% at the start of the pandemic recession, it is still historically high. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost to the pandemic.
Essential California: L.A.'s tragic surge in deadly violence
Enter Email Address Sign Me Up You may occasionally receive promotional content from the Los Angeles Times. Los Angeles is far from alone in dealing with a surge in deadly violence. Los Angeles TimesAdvertisementSupport our journalism Subscribe to the Los Angeles Times. Los Angeles TimesHEALTH AND THE ENVIRONMENTSan Jose leaders have nixed a plan to kill feral pigs with bows and arrows. CALIFORNIA ALMANACLos Angeles: sunny, 80.
Column: While decrying ‘socialized medicine,’ Trump spends billions on COVID drugs
Lilly says the drug may be more effective the earlier the virus is treated, rather than by the time a patient is hospitalized. AdvertisementMoreover, Azar, the member of the Trump administration who engineered the $375-million purchase from Lilly, is — wait for it — a former top Lilly exec. But the broader issue of a government role in healthcare R&D is an important one. Medicare, Medicaid, veterans’ assistance, programs for healthy kids — these are all examples of socialized medicine, and somehow we’ve avoided turning into the Soviet Union. If there’s a workable vaccine for COVID-19 or an effective therapeutic treatment, make no mistake: you’ll have paid for it.
Security experts, FBI warn that cybercriminals seeking ransom are targeting hospitals
Independent security experts say it has already hobbled at least five hospitals this week and could potentially affect hundreds more. Advertisement“We are experiencing the most significant cybersecurity threat we’ve ever seen in the United States,” Charles Carmakal, chief technical officer of the cybersecurity firm Mandiant, said in a statement. He’s concerned that the group may deploy malware to hundreds of hospitals over the next few weeks. AdvertisementThe United States has seen a plague of ransomware over the past 18 months or so. Neither security researcher would identify the affected hospitals.
Watch live: Mayor Walsh speaking about coronavirus
Mayor Martin J. Walsh is scheduled to speak Thursday about COVID-19 in Boston. Watch live here at 2 p.m.
Nine RI communities have positive COVID-19 test rates above 5 percent
If you have friends or relatives who would like their own free copy of this daily briefing about Rhode Island, tell them they can sign up here . ICYMI: Rhode Island was up to 31,944 confirmed coronavirus cases on Wednesday, after adding 425 new cases. AdvertisementThe good news is that Rhode Island is offering more coronavirus tests each day than ever before, often exceeding 10,000 a day. ? Did you know that one of the world’s most famous ghost hunters lives in Rhode Island? AdvertisementSubscribe to BostonGlobe.comWHAT’S ON TAP TODAYEach day, Rhode Map offers a cheat sheet breaking down what’s happening in Rhode Island.
GDP rose at record 33 percent rate last quarter in rebound from coronavirus plunge, but recovery incomplete
With no further federal aid in sight this year, Goldman Sachs has slashed its growth forecast for the current fourth quarter to a 3% annual rate from 6%. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost to the pandemic. The economy shrank at a 5% annual rate in the first three months of the year. Economists at Goldman Sachs have already slashed their growth forecast for the fourth quarter to a 3% annual rate from 6%. Millions have dropped out of the work force and are no longer looking for work, artificially reducing the unemployment rate.
Hurricane Zeta sweeps across the South, killing two
Zeta weakened over central Alabama but its strong winds continued across portions of the state and the Florida Panhandle early Thursday. Power outages were reported across Louisiana, Mississippi, Alabama and Georgia, according to the website PowerOutage.us. Zeta had top sustained winds of 110 mph as a Category 2 hurricane at landfall and is the 27th named storm of a historically busy Atlantic hurricane season — with over a month left to go. It weakened to a Category 1 hurricane with winds of 90 mph as it moved into southern Mississippi a few hours after landfall. And Atlanta was under a tropical storm warning for the second time ever.
9-year-old SF Giants fanatic loses baseball cards in Creek Fire; San Jose man gives her 25,000-card collection
If there’s no game, Reese pores over her card collection at the table with her sister, Rylee. Reese’s collection of 200 cards she’d compiled over three years was burned to ashes. He had over 25,000 baseball cards stored and organized in the garage of his South Bay home. Reese proposed a bedroom with black and orange walls plastered with some of her new baseball cards. A brand new baseball card collection helped ground them again; Reese is rebuilding her collection wherever they go.
Other zoos and aquariums have reopened. Why is the famed Monterey Bay Aquarium still closed?
But most of the COVID-19 cases in Monterey County aren’t in the coastal communities of Monterey or Pacific Grove, next to the aquarium. “We are seeing our numbers go down,” said Karen Smith, a spokeswoman for the Monterey County Health Department. “The fate of California’s zoos and aquariums are going to remain in jeopardy for months if not years,” she said. Nearly 79% of the COVID-19 cases in Monterey County are among Latinos, who make up 61% of the county population. “I’ve been directly in contact with aquarium leadership and supervisors in Monterey County,” said Dr. Mark Ghaly, secretary of the Health and Human Services Agency.
Milpitas: Eight running for two City Council seats
(Stephen Balsbaugh/Staff archives)Councilman Anthony Phan is vying for one of two Milpitas City Council seats. (Dai Sugano/Bay Area News Group)Sound The gallery will resume in secondsPlanning Commissioner Evelyn Chua is running for Milpitas City Council. Licensed nurse Julian Jose Nool Hilario Jr. is running for a seat on the Milpitas City Council. (Pauline Lubens/Mercury News)Candidate Tiffany Vuong is running for Milpitas City Council. Suraj Viswanathan, a cricket cage and supply shop owner, is running for Milpitas City Council.
Donald Trump's use of the Thin Blue Line flag is a scam
Lots of police unions have endorsed President Donald Trump, and he has taken to flashing images of the Thin Blue Line flag, meant to support law enforcement, at his rallies. He should be pointing out that a person can support law enforcement and social justice. At the same time, I’d like to believe – and DO believe – that good police officers don’t condone the actions of bad ones. Law enforcement people. And as for the scam in Trump’s use of the Thin Blue Line flag, ask yourself this: What is the biggest physical danger members law enforcement face these days?
Election 2020 in Pa.: Updates on candidates, races, news
Trump’s rallies — which feature large crowds of mostly maskless supporters — come as Pennsylvania continues to report the most new COVID-19 cases than at any other time during the pandemic. Dozens of local physicians have urged Trump to cancel the large gatherings, citing a recent data analysis in USA Today that showed cases rose at a faster rate after Trump rallies in at least five counties around the country, including Lackawanna and Dauphin Counties in Pennsylvania.
United Airlines to offer free coronavirus testing on select Newark-to-London flights
"We believe the ability to provide fast, same-day COVID-19 testing will play a vital role in safely reopening travel around the world and navigating quarantines and travel restrictions, particularly to key international destinations like London," said Toby Enqvist, chief customer officer for United. "Through this pilot program, we'll guarantee that essentially everyone on board has tested negative for COVID-19, adding another element to our layered approach to safety. United will continue to lead on testing, while at the same time exploring new solutions that contribute to the safest travel experience possible."
CBRE move to Dallas will bring future job growth to what is already its largest office
But the company’s move to Dallas will bring more jobs as CBRE grows in the years ahead, CEO Robert Sulentic said Thursday. “This is such a prominent place for growth for our company,” Sulentic said. And Sulentic, who was previously the head of Crow, has been working out of the Dallas office for years. "Our investment management business — CBRE Global Investors — is headquartered there. From Texas, he went to a Crow office in New Jersey.
Pandemic stories from across America: some ‘feel OK,’ others ‘can’t do it’ (LIVE UPDATES)
The latestPandemic stories from across America: some ‘feel OK,’ others ‘can’t do it’An out-of-work travel agent whose mortgage payments were deferred now worries about losing her house. A couple can’t pay their bills after the $600 unemployment bonus ran out. Since the start of the coronavirus pandemic, many people have edged closer to financial calamity, while others have finally landed full- or part-time jobs. Here are some of their stories:Naperville woman: ‘I feel OK’In Naperville, Rachel Metcalfe, 23, is starting to see her health and her finances emerge from the depths. “The Board remains considerate of rising COVID-19 cases in Illinois and understand the importance of adhering to safety guidelines for the good of all citizens.
US economy grows at a record rate but recovery is incomplete
The third quarter GDP gain was powered by a record 40.7% increase in consumer spending. Americans began shopping again after the spring shutdown, which had sent consumer spending plunging by a record 31.4%. With no further federal aid in sight this year, Goldman Sachs has slashed its growth forecast for the current fourth quarter to a 3% annual rate from 6%. In the January-March quarter this year, GDP had contracted at a 5% annual rate before a record-setting 31.4% annual tumble in the spring. Even with the third quarter rebound, the economy remains 3.4% below the peak of output set in the fourth quarter of 2019.
Ransomware assault threatens US health care system: FBI
BOSTON — Federal agencies warned cybercriminals are unleashing a wave of data-scrambling extortion attempts against the U.S. health care system designed to lock up hospital information systems, which could hurt patient care just as nationwide cases of COVID-19 are spiking. Employees described chaotic conditions impeding patient care, including mounting emergency room waits and the failure of wireless vital-signs monitoring equipment. Four health care institutions have been reported hit by ransomware so far this week, three belonging to the St. Lawrence County Health System in upstate New York and the Sky Lakes Medical Center in Klamath Falls, Oregon. Increasingly, ransomware criminals are stealing data from their targets before encrypting networks, using it for extortion. A total of 59 U.S. health care providers/systems have been impacted by ransomware in 2020, disrupting patient care at up to 510 facilities, Callow said.
3 dead in knife attack at French church; country raises its alert level to maximum
PARIS — An attacker armed with a knife killed three people at a church Thursday in the Mediterranean city of Nice, French authorities said. France’s prime minister said the country’s threat level will be raised to its maximum following the attack. Prime Minister Jean Castex rushed from the hall to a crisis center overseeing the aftermath of the Nice attack. Those caricatures were published by Charlie Hebdo and cited by the men who gunned down the newspaper’s editorial meeting in 2015. In September, a man who had sought asylum in France attacked bystanders outside Charlie Hebdo’s former offices with a butcher knife.
GDP U.S.: Economy grew 33.1% annualized in Q3 as businesses reopened
But while business reopenings fueled a vigorous rebound, it doesn’t offset the prior loss because the economy was smaller after the big drop. And the numbers are skewed by strong gains in May and June, when states began allowing many businesses to restart in phases. Consumer spending skyrocketsConsumer spending jumped 40.7%, the largest increase on record, after tumbling 33.2% in the second quarter. Residential investment vaults higherHousing construction and renovation rose 59.3% after a 64.4% plunge in the second quarter. Government spending risesGovernment spending fell 4.5% on drops in both federal and state and local outlays.
Las Vegas restaurants offer Halloween and Day of the Dead treats
(Sugar Factory)Day of the Dead at China PoblanoChina Poblano at The Cosmopolitan of Las Vegas will host its Day of the Dead celebration from Friday through Nov. 3. Halloween at Morton’sMorton’s The Steakhouse, 400 E. Flamingo Road, is celebrating Halloween with the Spooktacular three-course menu from Friday through Sunday for $45. Insomnia has introduced a pumpkin cheesecake cookie, Peanut Butter Choco-Lantern Cookie and Moon Cookie Cake with Halloween center. Halloween drinks at Sugar FactorySugar Factory at Fashion Show mall is celebrating Halloween with two special drinks through the end of the month. More Joy of Hot DogThe neon-lit Joy of Hot Dog trailer has reopened at 506 Fremont St. and is featuring some new dogs.
How to have a safe Thanksgiving during coronavirus, according to CDC
Thanksgiving might look different during the coronavirus pandemic, especially if you’re used to hosting a large get-together. According to the Centers for Disease Control and Prevention (CDC), there are some activities that can act as a safe alternative to a traditional big Thanksgiving family dinner. This list ranks your favorite Turkey Day activities by how risky they are: low, moderate or high. (Madeline Buiano, The Active Times)
Florida’s unemployment claims take another sharp decline
“The economy faces a number of headwinds including the resurgence in the number of COVID-19 cases, which after all is the genesis of the economic downturn which began in March," he said. "There’s a cost both at present and in the weeks to come for individuals, businesses and the broader economy from the failure of elected officials in Washington to agree to new stimulus legislation.”
Readers respond: A senator in need?
It’s pathetic when the multimillionaire wife of a U.S. senator goes begging for money to keep her business going. (“The Strand, famed NY bookstore owned by wife of Oregon Sen. Ron Wyden, asks public for support,” Oct. 23). Well, actually Ron Wyden occasionally lives with his family in New York City, but he purportedly represents a state 2,500 miles away. The senator married well because his wife’s daddy left her the Big Apple’s most well-known bookstore, The Strand. The senator and his wife get about a million bucks a year from book sales and another million from renting space in real estate.
Weekend of Oct. 24: How former Oregon high school players are faring in Division 1 college football
Last week we posted a list of the nearly 100 athletes we found on Division I FBS college football rosters in 2020. This week and throughout this strange, coronavirus-altered college football season, we’ll focus on the former Oregon high school football players logging stats at the Division I FBS level this season. Most of the Division 1 college football players from Oregon high schools play in the Pac-12, which starts Nov. 6-7. But the Mountain West started last weekend, and Nevada’s Cole Turner had a huge game in the Wolf Pack’s debut. ---Andrew Peasley, Utah StateSophomoreQuarterbackLa Grande High SchoolPeasley got in the game late during Utah’s lopsided loss at Boise State.
U.S. economy rebounded to grow at record 33% rate last quarter
With no further federal aid in sight this year, Goldman Sachs has slashed its growth forecast for the current fourth quarter to a 3% annual rate from 6%. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost to the pandemic. The economy shrank at a 5% annual rate in the first three months of the year. Economists at Goldman Sachs have already slashed their growth forecast for the fourth quarter to a 3% annual rate from 6%. Millions have dropped out of the work force and are no longer looking for work, artificially reducing the unemployment rate.
Uchimura positive for COVID-19 just a week before key meet
TOKYO - (AP) -- Two-time defending Olympic champion gymnast Kohei Uchimura of Japan has tested positive for COVID-19. The positive test was reported by the Kyodo news agency on Thursday and comes just over a week before an international gymnastics meet in Tokyo that will test countermeasures against the virus. The meet on Nov. 8 will involve eight gymnasts each from Japan, Russia, China and the United States. The positive test could be a setback in trying to convince the world it will be safe to hold the postponed Tokyo Olympics next year. Uchimura has said, because of shoulder injuries, he will not attempt to defend his overall title next year and will compete instead on the horizontal bar.
COVID-19 shuts down Bridgeport DMV office
The closure is announced on the state Department of Motor Vehicles website. The announcement doesn’t state the exact reason for the shutdown, but refers to contact tracing, which is when investigators follow up positive COVID-19 tests by reaching out to those who had contact with an infected person.
Lions inch toward hosting fans at Ford Field, welcoming 500 friends and family on Sunday
The Detroit Lions are moving slowly toward having fans at Ford Field, welcoming 500 friends and family of the team's players and coaching staff for Sunday's game against the Indianapolis Colts. “Hosting friends and family this Sunday against the Colts is a great step toward our goal of welcoming fans back to Ford Field this season," team president Rod Wood said in a statement. We continue to collaborate with local, state and national health officials on increasing capacity for our remaining home games." In line with state guidelines, the Lions didn't allow fans for the first two games of the 2020 season. More: Lions show off their sure-handedness during record-setting streakDetroit's public health order, announced earlier this month, limits indoor gatherings to 500, the exact number being allowed by the Lions this weekend.
Volkswagen returns to profit as global auto markets recover
Associated PressFrankfurt, Germany – German automaker Volkswagen said Thursday it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. After-tax profit was 2.75 billion euros ($3.23 billion), down 31% from 3.99 billion euros for the same July-September quarter a year ago, pre-COVID-19, but far better than the 1.53 billion euro loss in the second quarter. Car sales in September increased over the same month a year earlier for the first time this year, by 3.3%. A key driver of the rebound was China, Volkswagen Group’s single largest market, where sales rose 3% over the entire July-September quarter. The company says that it expects full-year operating earnings to be “severely lower” than in 2019 but still in positive territory.
Lions inch toward hosting fans at Ford Field, welcoming 500 friends and family on Sunday
The Detroit Lions are moving slowly toward having fans at Ford Field, welcoming 500 friends and family of the team's players and coaching staff for Sunday's game against the Indianapolis Colts. “Hosting friends and family this Sunday against the Colts is a great step toward our goal of welcoming fans back to Ford Field this season," team president Rod Wood said in a statement. We continue to collaborate with local, state and national health officials on increasing capacity for our remaining home games." In line with state guidelines, the Lions didn't allow fans for the first two games of the 2020 season. Detroit's public health order, announced earlier this month, limits indoor gatherings to 500, the exact number being allowed by the Lions this weekend.
European Central Bank: Just wait until December
FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but signaled that more could be coming at its December meeting given that risks are growing as surging coronavirus infections threaten Europe’s economy. The decision comes amid growing concern that a renewed surge in COVID-19 cases in Europe could stall the recovery from a deep downturn early this year. ECB head Christine Lagarde said Thursday that recent data show the economy “is losing momentum more rapidly than expected” and that there had been “a clear deterioration in the near term outlook.”The bank's promise to review its position in December came in an unusual introductory paragraph to its regular statement about bond purchases and interest benchmarks. The ECB said it will assess the dynamics of the pandemic and prospects for vaccine rollout as well as new staff estimates about inflation and growth.
US vetted stars' politics to showcase Trump virus response
WASHINGTON (AP) — Public relations firms hired by the Department of Health and Human Services vetted political views of hundreds of celebrities for a planned $250 million ad blitz aimed at portraying President Donald Trump's response to the coronavirus outbreak in a positive light, according to documents released Thursday by a House committee. A political appointee at the department suggested creating a government-funded campaign to rival the World War II icon Rosie the Riveter, according to the documents, and taglines like “Helping the President will Help the Country.”None of the celebrities agreed to participate — they may not have known they were being vetted — and the campaign has been put on hold. Director Judd Apatow believes Trump “does not have the intellectual capacity to run as president,” according to a list of more than 200 celebrities compiled by one of the firms. Singer Christina Aguilera “is an Obama-supporting Democrat and a gay-rights supporting liberal,” the list says, and actor Jack Black is “known to be a classic Hollywood liberal.” A public service announcement by comedian George Lopez was “not moving forward due to previous concerns regarding his comments regarding the president,” according to the documents.
Fantasy Football: Which vices are worth it?
According to a Lines study, more than half of fans/fantasy football players are worried the pandemic will cancel the season at some point. But as a fantasy manager — I am not as “concerned.” I would just be disappointed. But: I love fantasy football, and have played it literally for decades. I think sports and by extension fantasy sports are a part of our makeup; we work hard and play hard. AI: As much as I love fantasy football as much as the next gal and guy — I would not under any circumstances want COVID to keep the season alive.
European Central Bank holds off on strengthening stimulus
FILE - In this Tuesday Feb. 11, 2020 file photo, Christine Lagarde president of the ECB looks up prior to deliver her speech before the European Parliament's economic and monetary affairs committee at the European Parliament in Strasbourg, France. The head of the European Central Bank says that the economic recovery “risks losing momentum” due to the second wave of coronavirus infections and that the chief monetary authority for the euro countries could add more stimulus if that becomes necessary.
Short of medics as virus surges, central Europe sounds alarm
American National Guard troops with medical training are headed to the Czech Republic to work alongside doctors there. With cases surging in many central European countries, firefighters, students and retired doctors are being asked to help shore up buckling health care systems. Now, with the virus ripping through their hospitals, many health workers have been sickened, compounding the shortfall. Over 13,200 medical personnel across the Czech Republic have been infected, including 6,000 nurses and 2,600 doctors, according to the doctors’ union. With one of the highest infection rates in Europe, the Czech Republic’s hospitals are desperately looking for volunteers.
KHSAA announces new date for state field hockey championship game
The Kentucky High School Athletic Association announced the state field hockey championship game that was postponed Monday has been rescheduled for Nov. 12. The championship will match Sacred Heart (15-4) against Christian Academy (16-1). The game was postponed Monday after a single positive test for COVID-19 came back from a participant in Saturday’s semifinals at CAL. Related coverage: KHSAA moves state volleyball tournament from Louisville“In order to give contact tracers, the local health department and school health officials time to properly conduct their follow-up protocol, the championship game will be delayed to a future date,” the KHSAA said Monday. Sacred Heart and CAL have met three times this season, with CAL holding a 2-1 edge.
LVMH agrees $15.8bn takeover of Tiffany
The new takeover price was set at $131.5 (£101.6) a share, down from $135 in the original deal, the companies said on Thursday, bringing the total price tag to about $15.8bn. “We are as convinced as ever of the formidable potential of the Tiffany brand and believe that LVMH is the right home for Tiffany and its employees during this exciting next chapter,” he said. “Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware chancery court,” the companies said in a statement. Tiffany in return sued LVMH in a Delaware court, seeking to force the French group to honour the original deal. New York-based Tiffany retains a resonance as the go-to purveyor of engagement rings that only a handful of rivals can match.
French bookshops ask to be treated as essential services during new lockdown
French authors, booksellers and publishers are imploring the French government to allow bookshops to stay open because reading is “essential”, as the country enters a national four-week lockdown to curb the spread of coronavirus. France’s second lockdown, announced on Wednesday evening by president Emmanuel Macron, begins at midnight on Thursday. All non-essential businesses, including bars and restaurants, are to close, while individuals will require sworn declarations to leave home. France has more than 3,000 independent bookshops, and the trade associations pointed to an “extraordinary appetite for reading among the French”, particularly over recent months. The first French lockdown saw bookshops closed, with the majority also suspending online orders in order to protect staff, customers and delivery services.
Kim Kardashian is having a luxurious lockdown. Why are people so surprised? | Niloufar Haidari
It was a textbook offering of the luxury lifestyle content that has earned Kim K 190 million followers. People who are mad about Kim K forcibly quarantining her 50 nearest and dearest for two weeks so that they could celebrate her birthday (undeniably hilarious and also classic Kim) are fundamentally missing the point about both Kim Kardashian and celebrity itself. Kardashian, her entire family, and anyone else who shares a tax bracket with her, are delusional. Maybe Kim’s mistake wasn’t having the private island party, or even sharing tone-deaf photos of it with us, but attempting to relate to us. As a wise Kardashian once said: “Kim, there’s people that are dying.”• Niloufar Haidari is a freelance writer from London who has written for Vice, Vogue and Crack Magazine
Sam Smith: Love Goes review – heartbreak album plays it safe in hard times
Love Goes comes six months later than planned, renamed from To Die For. Sam Smith: Love Goes album coverAccordingly tweaked, Love Goes comes accompanied by a statement from Smith talking up its “experimental” nature and the collaborators who boldly “embraced my creativity and direction and allowed me to be whoever I wanted to be in the studio that day”, imploring fans to “listen with an open heart”, which seemed to suggest they might be in for a shock. Then Smith told Zane Lowe that they were “not ashamed” that Love Goes was tamer, creatively, than 2017’s The Thrill of It All. Sam Smith: Diamonds – videoThe lyrics stick fast to romantic misery, from infidelity to perfidious swine interested only in Smith’s bank balance. These are perennial topics for Smith, though as they told Lowe, their first two albums were inspired by unrequited love; Love Goes is apparently their “first proper heartbreak album”.
Canary Islands under pressure as 11,000 migrants arrive in 2020
Spain’s migration secretary has acknowledged that the Canary Islands are struggling to cope with the arrival of more than 11,000 migrants so far this year, but says the government is working to increase reception capacity, manage migration and stop people dying at sea. According to figures from the International Organisation for Migration, 11,006 migrants have arrived in the Canaries since January this year, with 4,925 arrivals in October alone. Last year, 2,557 migrants arrived in the archipelago, up from 1,307 in 2018. “It’s true there are quite a few NGOs helping the migrants who’ve arrived and things are a bit overwhelming at the moment,” said Jalloul. “We’ve had such big groups arriving that we’ve had to use schools, sports centres and hotels to accommodate them.
Western Australia criticised by rights group for isolating family members with strict border closures
The government of Western Australia has been criticised by a rights group for its long-running border closure, which has seen families kept apart. Western Australian police is receiving 3,000 applications per day for exemptions to the state’s hard border, which was put in place to prevent the spread of Covid-19, the police commissioner revealed on Wednesday. Sophie McNeill a researcher for Human Rights Watch (HRW), said: “People are being separated from their families for months. We interviewed one young father in Queensland who has not seen his kids for 10 months and he has been rejected twice.”She added: “We are calling for much more transparency. The system is really arbitrary and the police make all the decisions.”Ms McNeill said HRW was not calling for the hard border to be lifted, but calling for change to a system that is “not working, and causing huge amounts of distress to people”.
For most Americans the crisis is far from over whatever the GDP numbers may say
But no matter what Trump says the headline GDP figures do not show an economy that has escaped the ravages of Covid-19. GDP shot up 33% on an annualized rate in the third quarter after dropping 31% in the second quarter. Only one in four Americans has a job that allows them to work from home, according to the Bureau of Labor Statistics. Nationally the unemployment rate is now 7.9%, for Black Americans it is 12.1% and for Black teens (16-19) it is over 20%. But Covid-19 is not finished with the US, or the rest of the world, and for far too many Americans this crisis is still far from over.
US economy bounces back but deeper trends hint at enduring woe
Even before the figures were released the Trump campaign released ads boasting: “FASTEST GDP GROWTH IN HISTORY.”Big issues remain for the economy, however. The annual rate suggests the economy will continue on its current trend for the rest of the year. The unemployment rate fell to 7.9% for the US population overall in September. GDP is the broadest measure of the economy and includes personal consumption, business investment, government spending and net exports. The figure has often been criticized as a measure of economic health - GDP growth has, for example, done little to address growing income inequality.
White House coronavirus taskforce warns of 'unrelenting' spread
‘Turning pain into purpose’: why the Covid crisis is driving Arizonans to the polls Read moreFauci noted that coronavirus cases are rising in 47 states and patients are overwhelming hospitals across the US. The White House coronavirus taskforce has warned states in the middle and west of the country that aggressive mitigation measures will be necessary, according to weekly state reports obtained by CNN. “We continue to see unrelenting, broad community spread in the midwest, upper midwest and west. This will require aggressive mitigation to control both the silent, asymptomatic spread and symptomatic spread,” one state’s report said. The taskforce reports said the cooler weather is a major factor in the increase as friends and families move gatherings indoors.
Spotify bounces back after lull caused by lockdowns
Spotify said more than 320 million people were now using its streaming service every month, with numbers of those listening to music and podcasts surpassing pre-pandemic levels. The world’s largest streaming audio service said it had added 21 million monthly active users in the three months to the end of September, beating its own expectations. The latest release means Spotify has pulled further ahead from Apple Music, its closest competitor, which has around 60 million paying customers. The company said listening had recovered to "normal usage" in the third quarter, after a lull earlier this year when many consumers stopped travelling or commuting. The Swedish company did, however, experience a dip in average premium revenue per user, after it launched family plans in various regions to help drive subscriber numbers higher.
No more job cuts at Airbus despite €2.7bn loss
During the three months, Airbus took €2bn of charges while revenues sank more than a quarter to €11.2bn, resulting in a €767m loss. For the nine months, revenues fell 35pc to €30.1bn, generating a €2.7bn loss. Airbus delivered 145 new planes in the quarter, taking the total for the year to 341, down from 571 last year. At its quarterly results this week the US aerospace giant announced a further 7,000 job cuts, taking the total the 30,000, meaning it is cutting a fifth of its workforce. Airbus shares dipped 3pc to €59.88 - less than half the level they were trading at before Covid-19 hit.
Spain's toxic Covid politics risks permanent damage
As Spain became the first western European country to reach one million confirmed cases of coronavirus last week, the country’s leaders were busy trading insults in parliament as the Left-wing coalition government faced a no-confidence motion launched by the far-Right Vox party. Outside the heated debating chamber Spain’s second wave continues to grow in intensity, raising the spectre of a return to the nightmarish days of late March and April, when Covid-19 patients saturated hospital wards and corridors, with others left untreated in care homes in their thousands. Amid public frustration, party leaders have seen their approval ratings slide, with only one front-line politician, Economy Minister Nadia Calviño, a technocrat with a non-combative style, earning a five out of 10 pass grade in the latest survey by the CIS state pollster. Faced by spiralling Covid contagion and record numbers of cases, Socialist Prime Minister Pedro Sánchez moved at the weekend to impose a second state of emergency on Spain, and called for unity. The main Popular Party opposition described the government’s wish for the state of emergency to last for two months before the next parliamentary renewal as “a legal outrage”.
Free school meals row: Will the Government U-turn on the issue?
England striker Marcus Rashford is again putting pressure on the Prime Minister to extend free school meals over the Christmas holidays. "Even those who do not support extending free school meals as a principle are baffled that the Government hasn't bothered to think up an alternative." The political row was fuelled by a Labour Opposition Day motion last week on whether to extend free school meals over the Christmas holidays. Looking backThe campaign for free school meals has been led by England striker Marcus Rashford. "Short of drowning a basket of puppies live on air," she wrote of the Government's handling of the free school meals debacle, "I can't think of a worse communications fail."
Britain's Covid response is utterly mad – here are 10 reasons why
There are probably more drivers of the Covid response that could be listed, but you can see the many-tentacled head of the medusa that is petrifying society. Unfortunately the solid, quantifiable evidence of benefit of the current approach to Covid simply does not exist. Yet the costs of such isolation seem highly suspect, since data suggests that very few cases of Covid are caught or spread by travellers. So we might as well start travelling again, since the risks, in a majority of countries, are rather similar. And the more people who understand the multifaceted reasons why this is the case, the sooner we will all get our lives back.
Meet the Young Artists Week, Linbury Theatre and online, review: a rewarding chance to spot the stars of tomorrow
The past roll call of alumni who have gone on to glory include such British luminaries as Sally Matthews, David Butt Philip. And despite the current restrictions, this autumn’s showcase has gone ahead, though most of the concerts have perforce been available online only. Three of the current crop of singers – British soprano Alexandra Lowe. Much more fun is to be had online, where I recommend three short films shot in the Royal Opera House’s Paul Hamlyn Hall. Further concerts by all these promising singers, joined by the ebullient Tongan tenor Filipe Manu, continue until Saturday, streamed via the Royal Opera House’s YouTube channel and Facebook pages.
Rhian Sugden sizzles in semi-sheer pink lingerie
Rhian Sugden drove her fans wild when she shared a picture of herself wearing pink semi-sheer lingerie on Instagram on Thursday. Too glam to give a damn: Rhian Sugden sizzled in semi-sheer pink lingerie as she shared a behind the scenes snap from her calendar shoot on Instagram on Thursday'Thanks @stephanie_lauren_makeup for painting my face and @barbarabeautique for my gorgeous spray tan.' Rhian also wears the same incredible set on the front cover of her 2021 calendar. She shared another stunning shot on Sunday on Instagram when she slipped into racy lace lingerie for a stunning photoshoot. Rhian elaborated: 'For the last year people have picked up on my darkening freckles that have appeared under my eyes.
US economy rebounds to grow at record 33% rate in third quarter
The US economy grew at an annual rate of 33.1% in the third quarter, by far the largest quarterly gain since records began in 1947. It follows a historic 31.4% decline during the second quarter, as the US was among many world economies hit by the coronavirus pandemic. The US government reports quarterly GDP changes as annual rates, meaning that the change for any quarter is calculated as if it had occurred for an entire year. However, the GDP is still below where it was in the fourth quarter of last year before the pandemic began, with further government help in doubt. This was well below the record 6.867 million seen in March but still above the 665,000 seen at the peak of the 2007-09 recession.
Coronavirus: Woman who lost her father to COVID-19 without saying goodbye campaigns for change
A woman in Italy who lost her father to coronavirus without saying a final farewell is campaigning for change. Sergio Dalla Volta — one of Italy’s leading cardiologists — died at Padua hospital at the end of August. But measures implemented to stop the spread of COVID-19 meant the 92-year-old's daughters couldn't visit him in hospital. Maurizia and Alessandra have already won a concession from Padua hospital and they now want others elsewhere in the country to follow suit. She said medical workers are “angels, they do everything to relieve the psychological suffering of all, but at the cost of taking it upon themselves".
Poland abortion protests reflect a deep schism in country's society
Last week, Poland became the only European Union country to remove a right to legal abortion from its citizens. But for many Polish women, the ruling merely tightened the rules on terminating pregnancies in a country that already had some of Europe’s most restrictive abortion laws. Even before last week, many Polish women sought abortions in neighbouring Germany or the Czech Republic. Within the country, women are now only legally allowed abortions when a pregnancy endangers a woman’s health or life, or if it results from rape or another illegal act. Nationwide protestsGiven the deep divisions in Polish society, it seemed inevitable that women angered by the ruling would take to the streets to protest.
Scarlett Johansson and Florence Pugh pose for edgy Marie Claire shoot
Scarlett Johansson and Florence Pugh shed light on their 'instant sisterly bond' while filming Marvel superhero movie Black Widow. Thespians Scarlett and Florence commanded attention as they posed up a storm in edgy ensembles for the publication's accompanying photoshoot. On emulating a sibling-like relationship on-screen, British screen star Florence shared: 'I think maybe the tiredness did add to my not being so self-aware. Scarlett added: 'I look for women who I feel I can relate to on some level, that I have empathy for. Fighting with My Family's Florence looked equally stylish in sophisticated white co-ords, which she dressed up with a tiny black bralet.
Kourtney Kardashian slammed for calling herself 'Moana of Montunui'
Kourtney Kardashian has been slammed for branding herself 'Moana' in photos from sister Kim's controversial island getaway - with fans accusing her of cultural appropriation. The reality star, 41, shared a montage of thong-bikini clad photos from Marlon Brando's resort in Tahiti on Wednesday, captioned: 'I am Moana of Motunui.' Kim wrote: 'Now that I have your attention...this a reminder to VOTE. In a third image, Kim was flanked by one of her friends as they made their way to dinner on the tropical private island. One person wrote: 'You are really telling us to vote from your private island?'
Ranting anti-abortion protesters call British film-maker 'Jihad Jane'
This is the shocking moment ranting anti-abortion protesters call a British film-maker 'Jihad Jane' and accuse her of 'dressing like a w***e' outside a clinic in Alabama. A furious Christian fundamentalist wearing a 'Repent or Perish' t-shirt tells Ms Khan in the footage. Another man wearing a red 'Make America Goodly Again' hat says to Ms Khan: 'You wicked pedophile approving Muslim.' When Ms Khan approached the demonstrating men to ask them about their views she came under vile sexist and Islamophobic attack herself. For her documentary, Ms Khan also visited a clinic in Kansas with high windows.
Oregon health official dresses as a CLOWN to announce Covid-19 d
An Oregonian health adviser has dressed up as a clown to announce the state's coronavirus death toll. Claire Poche, a senior member of Oregon Health Authority, had a big red smile painted across her face and wore bright yellow trousers for the solemn announcement. 'As of today, there have been 38,160 cases of COVID-19 in Oregon, with 390 new cases being reported today,' she said. 'Sadly, we are also reporting three deaths today, bringing the statewide total for COVID-19-related deaths to 608.' British writer Douglas Murray commented on the video: 'Oregon.
PIERS MORGAN: Twitter let Iran spew Holocaust-denying lies yet blocked a NY newspaper
Not least because New York is home to 1.1 million Jews, the largest Jewish community anywhere in the world outside of Israel. Twitter boss Jack Dorsey told senators yesterday that the platform does not ban Holocaust-denying tweets. When I interviewed him for CNN, he told me: 'The nice thing about Twitter is it is inherently public. Why have you blocked the New York Post's account from tweeting a front-page story concerning a presidential candidate and his son's self-evidently dodgy business conduct in foreign countries? Piers Morgan's new book Wake Up: Why the World's Gone Nuts is out now, published by Harper Collins.
Economy grows record-shattering 33.1% from July to September
The U.S. economy experienced record growth in July, August and September of 33.1 per cent, the Bureau of Economic Analysis announced Thursday. The surge in GDP growth will recoup a little over half of the 10.6% plunge in output in the first half of the year. On its way back - but still a ways to go: The economy grew at 33.1 per cent,the biggest jump since the government started keeping records in 1947. Growth will slow through 2021 and the recovery will get more difficult as some structural issues with the economy persist.' The accumulation of inventory likely offset the trade hit to GDP growth.
COVID: Porn star Siffredi tests positive - English
(ANSA) - ROME, OCT 29 - Italian porn star Rocco Siffredi has tested positive for COVID-19 along with his wife and says he infected the rest of his family because he flew back home to Budapest after two rapid tests bought in a pharmacy produced two negative results. "I and my wife have COVID and, due to fast tests bought in a pharmacy in Italy, we have also infected our children," said the adult film star, 56, who comes from Ortona in Abruzzo. "When we got back from Rome," Siffredi told ANSA over the phone, "we started to feel ill but, after no fewer than two negative tests, we calmed down and embraced our children again. "The result was everyone is infected and with symptoms, even my elder son's girlfriend as well as the home help and her husband who are over 70. Siffredi retired from the porn world in 2004 for his family's sake but returned to it in 2009 saying he was disappointed with the state of the industry.
COVID: Singer Vanoni tests positive - English
(ANSA) - MILAN, OCT 29 - Veteran Italian singer Ornella Vanoni has tested positive for COVID-19, she said on her Facebook page Thursday. The 86-year-old star said she was well. "It's got me! I'm well," read the post under a photo showing her lying among pillows in bed with the blankets pulled up to her hair.
33.6% of pensioners get less than 1,000 a mt - INPS - English
(ANSA) - ROME, OCT 29 - Some 33.6% of Italian pensioners have to get by on less than 1,000 euros a month, pensions and social security agency INPS said Thursday. In its annual report, INPS added that around 1.5 million pensioners get a maximum of 500 euros in their monthly cheque. Women with children on average get smaller cheques than those without children, by some 5,700 euros a year. The COVID pandemic and furloughs and lay-off aid have resulted in payroll staff getting pay packets an average 300 euros a month lighter, INPS said.
Unemployment could be 25% without govt aid - Catalfo - English
(ANSA) - ROME, OCT 29 - Labour Minister Nunzia Catalfo said Thursday that Italy's unemployment rate could have climbed as high as 25% without the government's aid packages after the outbreak of the COVID-19 pandemic. Speaking at the presentation of the annual report of pensions-and-social-security agency INPS, Catalfo said: "as the INPS report shows, we protected jobs, workers and businesses in order to tackle the pandemic. "The COVID fund and halt to dismissals averted an employment haemorrhage that would have affected millions of workers and the consequences would have been terrible for the whole country," she added. "As the ECB's bulletin highlighted, unemployment could have reached 25% without these measures". She said that the government measures adopted since March to support business and families were worth around 50 billion euros.
Vendee Globe to set sail behind closed doors
"The start of the Vendee Globe will take place as planned on November 8 at 1:02 p.m. behind closed doors, without an audience," the organisers said on their website a day after French President Emmanuel Macron had announced a new national lockdown to battle Covid-19. The start, which attracted 300,000 people in 2016, will be broadcast live on the official website and on "numerous" television channels. "The Vendee Globe 2020-2021 will remain as a symbol, that of our will to continue living despite the difficulties that our country is going through and in the scrupulous respect of the sanitary rules set by the State," organisers said. This is in stark contrast to the 2.25 million people that usually visit the village in the weeks leading up to departure. In 2016, the immediate economic benefits were estimated at 35 million euros ($41 million) by the organisers.
Moderna already has $1.1 bn in deposits for Covid-19 vaccine
Moderna has already taken in $1.1 billion in deposits for a Covid-19 vaccine that will be launched following the completion of clinical trials and regulatory approvalAdvertising Read moreNew York (AFP)Moderna said Thursday it took in $1.1 billion in deposits in the third quarter for a coronavirus vaccine that it is "actively preparing" to launch. The biotech company, releasing quarterly results, completed its enrollment earlier this month for the phase-3 trial of "mRNA-1273," a vaccine candidate for Covid-19. "I believe that if we launch our Covid-19 vaccine, 2021 could be the most important inflection year in Moderna's history. Moderna, among the furthest along in developing a vaccine for Covid-19, has signed supply contracts with the US, Canada, Switzerland, Japan, Israel and Qatar and is in talks with other parties, including the European Union. Moderna said there would be two interim analyses of the Covid-19 vaccine candidate and that the company is committed to "full transparency" in the development of the vaccine.
Start screening for colorectal cancer 5 years earlier: experts
For the first time, the U.S. Preventive Services Task Force is recommending doctors should start screening for colorectal cancer at age 45 — five years earlier than current guidelines. According to the American Cancer Society, colorectal cancer is the third most common cancer diagnosed in both men and women in the United States, excluding skin cancers. The Canadian Cancer Society says colorectal cancer is expected to be the third most commonly diagnosed cancer in Canada in 2020 (excluding non-melanoma skin cancers). The society estimates 9,700 Canadians will die from colorectal cancer, or 12 per cent of all cancer deaths this year. Some Canadian resources include the Wellspring, Cancer Connect at the Canadian Cancer Society, and Colorectal Cancer Canada.
People with Down syndrome face major risk of dying of COVID
People living with Down syndrome have 10 times the risk of succumbing to COVID-19 than those without the genetic disorder, a sobering new study reveals. “From the beginning of the pandemic, we have been concerned about our community, especially given the complex medical histories of many of our loved ones,” said Kandi Pickard, president and CEO of the National Down Syndrome Society. “This recent study confirms our concerns.”Researchers examined data from more than 8 million people that were part of a COVID-19 risk assessment project in the U.K. that began in January. Forty per cent were killed by COVID-19, 17 fell victim to pneumonia/pneumonitis and 35 per cent died from other causes. The National Down Syndrome Society has put together a factsheet that explains some other issues of concern.
More than 80% of COVID patients vitamin D deficient: study
More than 80 per cent of hospitalized COVID-19 patients at a hospital in Spain had a vitamin D deficiency, according to a new small study. They found that of the 216 COVID-19 patients, 82.2 per cent had a vitamin D deficiency, compared to 47.2 per cent of the control group. It was also found that men had “especially lower” vitamin D levels than women. Those most at risk of a vitamin D deficiency are those over 65 and people with dark skin. The only natural food sources of vitamin D in Canada are fatty fish and egg yolks.
Biden vows to unify and save country; Trump hits Midwest
“This election is a matter of economic survival for Michigan,” the president said, arguing that the state’s economy was strong before the coronavirus pandemic hit. Gretchen Whitmer for moving aggressively to shut down much of the state’s economy to slow the virus’ spread. ADVERTISEMENT“The tragic truth of our time is that COVID has left a deep and lasting wound in this country,” Biden said, scoffing at Trump’s pronouncements that the nation is turning a corner on the virus. The former vice president plans to travel to Iowa, which Trump took by 10 points in 2016, later in the week. First lady Melania Trump was on the road, too, making her first solo campaign trip of the year in Pennsylvania.
US economy grew at 33% rate in Q3 but recovery is incomplete
The government will likely estimate that the economy grew faster on an annualized basis last quarter than in any such period since record-keeping began in 1947. The government will likely estimate that the economy grew faster on an annualized basis last quarter than in any such period since record-keeping began in 1947. ADVERTISEMENTThe third quarter GDP gain was powered by a record 40.7% increase in consumer spending. In the January-March quarter this year, GDP had contracted at a 5% annual rate before a record-setting 31.4% annual tumble in the spring. Even with the third quarter rebound, the economy remains 3.4% below the peak of output set in the fourth quarter of 2019.
The $16 Million Was Supposed to Clean Up Old Oil Wells; Instead, It’s Going to Frack New Ones
So Lynn Helms, director of the state's Department of Mineral Resources, proposed a different use for the funds: paying oil companies to hydraulically fracture new wells. Money that was supposed to clean up old oil wells will instead be used to bring new ones to life. Helms has said the sites will be cleaned up next spring, once the ground thaws, using state funds instead. The Main Street Lending Program, in particular, was adjusted in ways that benefited oil companies, many of which were already saddled with high debt loads before the coronavirus struck. "This is like a taxpayer bailout to the oil industry to get them to do something they would do anyway."
US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump
US gross domestic product grew at a record 33.1% annualized rate in the second quarter, the Commerce Department said on Thursday. The jump followed the second quarter's 31.4% annualized slump and roughly doubled the next-biggest increase in history. Experts have said a full recovery may take years, as the pace of GDP growth is set to moderate significantly in the last three months of 2020. But the V-shaped trendline in GDP growth glosses over the recovery's nuances. Consumer spending enjoyed a sharp bounce-back before easing to a more moderate growth rate.
Taiwan marks 200 days without domestic COVID-19 infection
Taiwan hit 200 days without any domestically transmitted cases of COVID-19 on Thursday, highlighting the island s continued success at keeping the virus under control even as cases surge in other parts of the world. Since the pandemic began, Taiwan has recorded 553 cases of COVID-19, and just seven deaths. Local media has been paying close attention to reports of people who tested positive for COVID-19 after leaving Taiwan. Authorities said Wednesday that they received notice from Japanese and Thai health authorities that three people who had recently left the island tested positive. Yet Taiwan is still undoubtable a success in light of the global scale of the pandemic — more than 44 million reported cases and 1.1 million deaths.
Large Covid outbreak in China linked to Xinjiang forced labour
More than 180 cases traced to garment factory where Uighurs must take up work placementsChina’s largest coronavirus outbreak in months appears to have emerged in a factory in Xinjiang linked to forced labour and the government’s controversial policies towards Uighur residents. An official in nearby Kashgar told Caixin that the plant, Shuchang Garment, was a “satellite factory” for producing clothing, curtains and bedding. The outbreak in Shufu county is among the largest China has recorded in more than two months. An outbreak in Urumqi, the capital, in August, prompted officials to swiftly enter a state of “wartime” lockdown. Researchers say that while it is possible ex-detainees are working in the factory, there is no evidence to suggest so.
U.S. GDP booms at 33.1% rate in Q3, better than expected
The gain came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones. Increased consumption along with sold gains in business and residential investment as well as exports fueled the third-quarter rebound. Decreases in government spending following the expiration of the CARES Act rescue funding subtracted from GDP. Some 228,000 people have died in the United States from the virus, which has infected nearly 9 million in the country. The economy has been in a technical recession since February, as first-quarter growth declined at a 5% pace.
Prisons’ Pandemic Response: Throw the Infected Into the Hole
× Expand Ben Margot/AP Photo A solitary confinement cell in San Jose, CaliforniaJermane Scott started to feel sick in late July. In June, Unlock the Box, a coalition of organizations, movement leaders, and state and local campaigns working together to end solitary confinement, released a report that estimated an increase in the use of solitary confinement during the pandemic of nearly 500 percent. An estimated 60,000 people were in segregation in state or federal prisons before the pandemic, but that number has ballooned to nearly 300,000. With the third wave beginning and the possibility that people could be re-infected, the perils of solitary confinement grow. At Federal Correctional Institution Elkton, Ohio’s only federal prison, a massive outbreak in April led the ACLU of Ohio to file suit.
Note to Biden: A President Can Do a Lot Even Without the Senate
Wielding the full range of tools in the administrative tool belt will allow the Biden administration to eliminate Trump-era rules more quickly. Give what you can... SUPPORT THE PROSPECTCritically, however, learning the lessons of the Trump administration does not just mean looking to its example and then doing the opposite. If Trump’s administration wasn’t quite so sloppy in its rush to appease industry, it likely could have accomplished even more. Wielding the full range of tools in the administrative tool belt will allow the Biden administration to eliminate Trump-era rules more quickly—something well within reach through legal means. A Biden administration would have the power to implement transformative changes on everything from financial to labor policy and climate to health policy, even in the face of Senate intransigence.
“I Voted” Isn’t Enough
Unfortunately, it’s becoming clearer by the day that even if Trump doesn’t win, there’s no telling what chaos and tyranny might ensue. What this means is that the old activist adage about voting one day and organizing on the other 364 needs to be updated. Even on Election Day itself, we need to be prepared to do much more than vote in order to defend our democratic rights. For starters, it’s not idle speculation to assume that Republicans will try to sabotage a Biden presidency with the less dramatic but perhaps more destructive tactic of sabotaging an economic recovery. Make a recurring or one-time donation today or subscribe to our monthly print edition and get every copy sent straight to your home.
Bolivia Votes for More MAS
This desire to hold onto power is a chronic problem for left governments in countries with weak institutions like Bolivia. A significant factor propelling the MAS win was the re-articulation of popular indigenous, peasant and union movements after Morales was ousted in a coup last November. The MAS win signals the vibrancy of Bolivian democracy in a country with a long history of instability and unconstitutional political transitions. The opposition candidates focused their campaigns on defeating the MAS at all costs, while Arce and Choquehuanca astutely emphasized the economic stability the previous MAS government had brought compared to the current economic meltdown. This goes hand in hand with controlling the patronage politics that plagued the MAS just as it has all administrations in Bolivia.
Migrants Face Uncertain Future
But CBP officials without medical qualifications routinely deny them orally, with no written decision attorneys can question. The Border Patrol vehicles swarming the streets of low-income immigrant neighborhoods and the border wall running through backyards are too commonplace to draw much outrage. In Brownsville, stray bullets have hit joggers by sections of the border wall that run near the local community college. Families living in tents complain that immigration judges seem disengaged, do not appear to understand the paperwork presented in court. This water brings you life, this water brings you resources, this water brings you prosperity.
Canada’s Only Social-Democratic Government Has Been Decisively Reelected in British Columbia
British Columbia remains the only province in Canada governed by the New Democratic Party (NDP), after the social democrats won a decisive election on Saturday, October 24. Relief From Right-Wing Dominance With conservative and right-wing parties dominating at the provincial level across Canada, the results are a welcome relief. In addition, crucially, the NDP has stemmed the bleeding from sixteen years of privatization and other attacks on the public sector under the BC Liberals. In a 2014 interview with the Georgia Straight, then opposition leader John Horgan asked rhetorically about LNG expansion: What are the greenhouse-gas consequences of expanding the industry? In 2017, Horgan won support for promising to use “every tool in the toolbox” to stop the pipeline expansion.
Fighting for Their Hospital
I could never forget his face.”In April, after five Kingsbrook staff members died of the coronavirus, hospital workers rallied outside the hospital for personal protective equipment, saying that insufficient protective gear had contributed to the deaths. Jo Ann Brown, a dietician at Kingsbrook who is organizing against the closure, says removing hospital beds will compound the racial and economic inequities that the hospital and community face. Brooklyn already has 2.2 hospital beds for every 1,000 people, while Manhattan has six. The loss of hospital beds and inpatient services has been a pattern across the city over the past two decades. We have to be there to assist them.”• • •Community Concerns What does it mean for a community when their hospital closes?
The Return of the Trump-Obama Feud
Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. If we were focused on Covid now, the White House wouldn’t be having its second outbreak in a month. You can take some preventative measures in the White House to avoid getting sick, except this guy can’t seem to do it.
Along the Keystone XL Pipeline, Hoping for a Miracle
(Sara Hylton / Redux Pictures)Fourstar spread his arms wide, pointing in the direction that TransCanada, the Canadian energy company, plans for the Keystone XL pipeline to cross the river. (Sara Hylton / Redux Pictures)I first became interested in the Keystone XL pipeline because of the impact the project was having on Indigenous women. Sections of pipe that will be used to construct the Keystone XL pipeline are stored in a field near the border of Montana and North Dakota. (Sara Hylton / Redux Pictures)Vermae Taylor spent time in Standing Rock opposing the Dakota Access Pipeline and continues to fight against the construction of TC Energy's Keystone XL. But two months after taking office, President Donald Trump signed an executive order bringing both the Keystone XL pipeline and the controversial Dakota Access Pipeline back to life.
Covid Takes Center Stage at the World Series
Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. We should be talking about the greatest baseball announcer in history, Vin Scully, who at age 92 was able to celebrate another Dodgers World Series win and tweet his joy. It didn’t have to be this bad: The curses of ego, entitlement, and ignorance have overcome this country and infected the innocent from the White House to the World Series.
Palestinian Maher Al-Akhras Demands: Freedom or Death
Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Join the Nation Festival Join the Nation Festival for four days of essential conversation and commentary in the wake of the 2020 election. Under the cover of chaos from the coronavirus crisis, Palestinian Maher Al-Akhras is on the brink of death in an Israeli hospital, on hunger strike to protest his administrative detention in Israeli prison.
What We Call Freedom Has Never Been About Being Free
As an alternative, they invented the idea that political freedom was to be found in protecting individuals by limiting the sphere of government. Hence the origins, de Dijn concludes, of how we conceive of freedom today and why it means something different for conservatives and liberals. Along the way, we discussed the relationship between democratic socialism and political freedom, the relationship between freedom and today’s populist movements, and how to make sense of the right’s appeal to political freedom. They had what I call a democratic conception of freedom: A free state was one in which the people ruled itself. But I think that appeals to religious freedom today, as in the Hobby Lobby case, are primarily inspired by another and more modern tradition: the conservative tradition identifying freedom not with an inner condition of spiritual freedom from sin but with an absence of state intervention.
Separation of Trump and state: Blocking Republicans’ evangelical election strategy
So Trump aimed his Bible photo-op at right-wing white religious voters, mainly white fundamentalist evangelicals or Christian nationalists (used here interchangeably). Besides evangelicals, right-wing Christian voters include mostly white Catholics and Protestants who have been moving toward fundamentalism on many issues. Organizations like United in Purpose use sophisticated data-mining operations to identify and turn out dormant right-wing religious voters. According to Christian nationalists, the more significant the social change, the greater urgency to stop and reverse it. They are working to prevent Christian nationalists’ regressive measures in Congress and state legislatures across the country.
In Key Cities, Activists Are Mobilizing Black Voters Biden Isn’t
Yet, since August, she’s been coming to the Rosa Parks Transit Center and other local hubs every week in an attempt to mobilize Detroit voters. Dubbed the “Black Voices Community Center,” it’s a testament to the Trump campaign’s renewed pitch to Black voters, and Small calls it “scary” to see. And they’re active voters.”Caldwell-Liddell, too, has seen signs that Trump is peeling at least a small share of prospective Black voters away from the Democrats. But he singles out one factor in particular: the Clinton campaign’s failure to actively engage Black voters. The former vice president, for his part, has repeatedly presented Black voters as his “firewall,” while emphasizing a message of bipartisanship designed to win back the elusive white swing voter.
Nigeria’s #EndSARS police brutality protest movement morphs into nationwide uprising
It is the task of legislators to represent their constituents, many of whom can be counted among the End SARS protesters. It is imperative that the government realizes that in nation-building, it is the average citizen that carries the prime burden and the End SARS movement is a major example of this. What that means is that the End SARS movement can be harnessed to confront a multitude of state actions. End SARS could eventually end many things in Nigeria. It is unfortunate that so far the purpose and direction of the protest movement appears to be turning against this tide of positive nationalism.
Modern-day China through Chinese eyes: reviews from Toronto International Film Festival
An ambulance speeds through the streets of Wuhan, China, in this scene from '76 Days'. The 2020 Toronto International Film Festival screened a couple of films that shone some light on the people and history of China. 76 Days is an incredible firsthand account of the early days of COVID-19 in Wuhan, China, where panic and chaos initiated a total lockdown that lasted for 76 days. On April 4, sirens were wailing for the dead, and on April 8 the lockdown was released after 76 days. 76 Days will have its U.S. debut at DOC NYC, where you can watch it at their fabulous online film festival, featuring dozens of world-class documentaries.
Without Senate control, a Biden agenda would be crippled
They were calling for Republican Senate Leader Mitch McConnell's ouster over his handling of the trial. If Democratic control of the Senate is not won on Nov. 3, McConnell will continue to hold power to set or block the nation's legislative agenda. If Biden wins, his agenda can be largely crippled if Republicans continue to control the Senate. If Trump wins, a Democratic Senate can prevent him from doing some of the worst he is capable of. A Democratic Senate can put an end to the brazen dismantling of democracy that the current GOP-controlled Senate has been carrying out.
Texas voter turnout hotter than any Texas BBQ
| LM Otero/APAcross the country, neither the resurgent COVID 19 pandemic nor GOP voter suppression is deterring millions of voters from casting their ballots. Early voter turnout is shattering records (as of this writing, 71 million, or over half of total turnout in 2016, have already voted), and at this pace, the U.S. will experience the highest percentage of eligible voter turnout since 1909. Turnout is the largest in the nation and hotter than any Texas BBQ. While Republican turnout is big, Democratic turnout in blue cities and counties is huge too. “Our targeted universe of voters falls in the low voter turnout category,” said Lira.
Senate tossups: Maine was predicted; Iowa, Kansas and Alaska weren’t
Maine Democratic House Speaker Sara Gideon is running ahead of GOP Sen. Susan Collins in the polls. The Senate races are vital to workers, no matter who wins the White House, Trump or Democratic nominee Joe Biden, Barack Obama’s VP. The shaky GOP roster is now up to a dozen or so of the 23 GOP-held seats up this year. No Senate candidate, of either party, challenges the basic underlying inequities of corporate capitalism, as Sen. Bernie Sanders, Ind-Vt., does. Kansas and Alaska: Call the doctorThere’s one unifying factor in two unlikely Senate battles, in Kansas and Alaska: Medicine.
30% GDP growth? Don’t be fooled by Republicans’ booming economy claims
It is indeed true that economic growth on this scale is unmatched in U.S. history. But before anyone is tempted to give Trump or the Republicans any credit, we should examine this 30% number in more detail. The second quarter was when much of the economy was shut down in an effort to control the coronavirus. For over 70 years, GDP growth has been the gold standard for governments and international financial institutions when they try to quantify economic activity. But the only part of the economy the Trump administration is providing stimulus to right now is the funeral industry.
We Spoke to 2 Doctors Who Both Advised Against Visiting Santa This Year
One of the most fun parts of the holiday season for children is visiting Santa Claus. We spoke with two doctors who are experts in pediatrics and epidemiology about what they suggest families do this holiday season. Unfortunately, the traditional Santa sitting in the corner of a store or mall fits many of these high-risk criteria." If I've Chosen to Take My Kids to Visit Santa, What Are Best Practices? What Are Safe Alternatives to Visiting Santa?
These Beauty Care Package Ideas Will Help You Feel Close to Friends, Even From Afar
Not only will sending a beauty care package to your friends put a smile on their faces, but it can be fun for you to put together, too. The best part about sending a handmade care package is that it shows the recipient just how well you know them. For the friend who never misses their skin-care routine, get them a refill on a few of their favourite products. The key to putting together an impressive and thoughtful beauty care package is including items that A) you know they'll use and B) reflect their personality and interests. Ahead, find beauty care package gift ideas for every type of beauty person in your life that you can customise and personalize this holiday season.
How This Wedding Catering Service Did the Seemingly Impossible and Thrived During COVID-19
When gathering restrictions were first implemented, Sydney-based events catering company Shared Affair were in complete shock. Shared Affair is a company with heart, luxury, and deep love of gathering and bonding over delicious food at its core. Nikki shared that it's the business' passion for quality food-service that has truly set them apart in this time. "Shared Affair is based around shared meals, grazing tables and big family-style banquets. With the support behind the Grub Club so strong, Shared Affair may even continue the service when events return in full swing.
It May Be Too Late To Mail Back Your Ballot. Election Officials Stress Other Options
Postal Service. DeJoy has pledged to prioritize election mail and supply additional resources to process it, including expedited handling, extra deliveries and special pickups. Postal Service's number one priority between now and the November election is the secure, timely delivery of the nation's Election Mail," Postal Service spokesperson Martha Johnson told NPR in a statement. The Postal Service said 523 million pieces of election mail, including ballots and campaign literature, have been processed, an increase of 162% over the 2016 general election. But some worry that not all ballots get properly identified as election mail flagged for priority processing.
New audio tapes show how Trump bet against science
(CNN) The failed bet laid by President Donald Trump to ignore science and prioritize his political goals early in the pandemic, revealed Wednesday in fresh detail by new Jared Kushner tapes , is backfiring in devastating fashion at the critical moment of his reelection bid. Several Trump aides on Wednesday tried to defend Trump's handling of the virus but only served to expose his negligence. Campaign spokesman Hogan Gidley told CNN's "New Day" that "we are moving in the right direction" after a White House document boasted Trump had ended the pandemic. And Alyssa Farah, the White House communications director, conceded that the choice of words was poor but said the US is "rounding the corner." In the op-ed, Taylor slammed Trump for "amorality," "reckless decisions" and "erratic behavior" -- and he sparked a White House hunt for his identity.
These Beauty Care Package Ideas Will Help You Feel Close to Friends, Even From Afar
Not only will sending a beauty care package to your friends put a smile on their faces, but it can be fun for you to put together, too. The best part about sending a handmade care package is that it shows the recipient just how well you know them. For the friend who never misses their skin-care routine, get them a refill on a few of their favorite products. The key to putting together an impressive and thoughtful beauty care package is including items that A) you know they'll use and B) reflect their personality and interests. Ahead, find beauty care package gift ideas for every type of beauty person in your life that you can customize and personalize this holiday season.
We Spoke to 2 Doctors Who Both Advised Against Visiting Santa This Year
One of the most fun parts of the holiday season for children is visiting Santa Claus. We spoke with two doctors who are experts in pediatrics and epidemiology about what they suggest families do this holiday season. Unfortunately, the traditional Santa sitting in the corner of a store or mall fits many of these high-risk criteria." ADVERTISEMENTIf I've Chosen to Take My Kids to Visit Santa, What Are Best Practices? What Are Safe Alternatives to Visiting Santa?
How Casting Your Ballot in the 2020 Election Could Help End Voter Suppression
Although plenty of people stayed home voluntarily due to apathy, lack of enthusiasm, or not feeling educated about the issues, voter suppression also played a significant role. It's impossible to say whether or not voter suppression influenced the outcome of the 2016 election, but it's worth noting that most nonvoters were young, nonwhite, and less affluent — and they skewed Democratic. What Is Voter Suppression? Although voter suppression has the potential to affect everyone, "the target of voter suppression by bad actors, both foreign and domestic, tend to be Black voters, young voters, and the elderly," Ufot said. "The only tactic they have left is voter suppression."
This entrepreneur is competing with DoorDash — by delivering only from Black-owned restaurants
He’s the founder of Black and Mobile, the self-proclaimed first Black-owned food delivery service in the country to exclusively deliver for Black-owned restaurants. Alongside widespread calls for criminal justice reform, people began encouraging others to support Black-owned businesses to help Black communities achieve economic justice. It was very hard because I didn’t have any other major Black-owned businesses like mine to turn to for advice. A lot of people didn’t know about the Black-owned businesses that we post up and promote. I didn’t like how, once he was murdered, other companies and people wanted to support Black businesses and Black people like things like this weren’t happening to us long before George Floyd.
Biden has a big lead in the polls, but can we trust them?
Common sense says a 5 percentage point lead is better than a 2-point lead and a lead in October is better than a lead in July. It says Biden has an 8.6-point national polling lead, which is a bit bigger than Clinton’s lead was at the height of her 2016 convention bump. National polling in 2018 was accurate, but national polling was accurate in 2016 as well. The good news for Biden is his national polling lead really is a lot bigger than that. Biden’s national lead is currently simply too big to be plausibly overcome by state-specific polling error or Electoral College bias.
“I am humbled by what we’ve been able to create”: Small business owners on when they knew they’d made it
Maria and Jason Darling, owners, Cute Nail Studio; Austin, TexasJason: I’ve been doing my nails since I was 20 — I’m 42 now. Once it started going, once the rainbow hit the outside of the building, I was like, this is going to happen, and it’s going to be cool. Camille Hay, owner, Romy Studio; Washington, DCI started in early 2019, so it’s still fairly new to me, having a small business. I want to create a space that, when people come into the space, they feel like, ‘I’m so happy to be here. Every time I open that door, I am humbled, even today, by what we’ve been able to create.
Brands are scrambling to sell you stuff before the election
“During the election in 2016, we assumed there would be a couple of days where we would go dark on media,” she recalls. In the past two presidential cycles, consumer spending dropped 6 percent year over year during the week of the election, according to Epsilon’s Abacus database. However, for other brands, this preparation has as much to do with the messaging they’ll put out. With the election, she says, brands have to be prepared to shift their messaging and timing based on the outcome. If you haven’t, please consider helping everyone understand this presidential election: Contribute today from as little as $3.
Daylight saving time 2020 ends Sunday: 8 things to know about “spring forward, fall back”
The first thing to know: Yes, it ends in the fall, just as the decrease in daylight hours is becoming noticeable. The idea is that in the summer months, we shift the number of daylight hours we get into the evening. Hence “saving” daylight hours for the most productive time of the day. 2) Isn’t it “daylight savings time” not “daylight saving time”? In 2015, Stromberg made the compelling case that the daylight saving time shift into the evening should be extended year-round.
Young Latinx voters could be the ones who finally flip Arizona
Share All sharing options for: Young Latinx voters could be the ones who finally flip ArizonaKassandra Alvarez remembers the anxiety she felt growing up in Arizona. Used to intimidate thousands of immigrants in the state, SB 1070 was a turning point for growing engagement of Latinx voters in Arizona, according to local organizers. Young Latinx voters who were activated by SB 1070, like Alvarez, could be a deciding factor in flipping the state for Democrats. And Latinx voters’ overall share of the state’s electorate has grown from 19.6 percent in 2016 to 24.6 percent in 2020. Multiple voters told Vox that they felt like Biden’s outreach to Latinx voters in the state has been lacking, however.
Exclusive: Biden leads Trump by 12 points in a national UT Dallas poll
Former Vice President Joe Biden leads President Donald Trump by more than 10 points in a national poll by researchers at the University of Texas Dallas. The results, which are part of UT Dallas’s Cometrends survey, found Biden with 56 percent support and Trump with 44 percent support. The poll — which included 2,500 respondents — is one of several recent surveys showing Biden ahead of Trump at the national level. Currently, the FiveThirtyEight national polling average has Biden ahead, with 51.8 percent support, and Trump with 42.9 percent support. Biden is peeling off some RepublicansThe UT Dallas survey reveals that Biden appears to be winning over a segment of Republicans.
Why the record low Arctic sea ice this October is so alarming
Historically, during the winter, sea ice has covered a vast swath of the Arctic Ocean, which fills much of the Arctic Circle. Sea ice has hit a record low for OctoberThe overall drop in sea ice is starkly evident in the chart below. 2020 produced frightening signs of the precariousness of Arctic sea ice. The decrease in ice has already affected indigenous people who use the sea ice to hunt for whales and seals. Where a white sea ice surface would have reflected sunlight, the dark water absorbs heat, which further reduces ice growth.
Kim Kardashian’s performative quarantine
pic.twitter.com/p98SN0RDZD — Kim Kardashian West (@KimKardashian) October 27, 2020For Kim, the things that truly matter are simple: dancing with friends, whale watching, riding bikes, kayaking, and watching movies on the beach, which they did during their time on the Tahitian island. Even before Kim Kardashian’s birthday, people have expressed frustration with those in their circle who not only are going on vacations but continue to share photos of them. At this point, the most surprising aspect of Kim Kardashian’s birthday trip is why any of it is surprising at all. Despite the fact that California, where the Kardashians live, has advised against all forms of nonessential travel, this doesn’t actually mean anything. When Kim Kardashian acknowledges how wonderful and blessed her life is, for instance, what should that really mean?
The Covid-19 tipping point doctors fear most is getting closer
You can only be in so many rooms.” Here’s what we know about the falling Covid-19 mortality rate — and why it might start rising again soon. This time, they looked at the March to August period and all Covid-19 hospital patients (so not just the sickest patients who wind up in critical care). Here, too, they found the mortality rate among patients declined — 26 percent in March to 8 percent in August. Critical care doctors have long had a playbook for handling ARDS patients in ICU. When she started treating Covid-19 patients in the spring, it felt like practice was changing every few days.
5 fact-checks from the Senate’s hearing on social media
1) Though Republicans say social media companies are broadly censoring conservative speech, the evidence doesn’t support the claim. Many conservative lawmakers, encouraged by President Trump, have long alleged that tech companies are censoring Republicans on social media. In fact, Trump himself has repeatedly stated that, without social media, he wouldn’t be able to “get the word out” to the people. 2) Ted Cruz claimed social media companies are the biggest threat to free speech in the US. And while getting Pichai’s name right is a less important point in the scope of the broader issues at stake around social media, it’s not insignificant, either.
How 4 small businesses have shifted to online sales
You’d be forgiven for thinking that now, maybe more than ever, it’s easy to run a small business. It amounts to an ad for a suite of integrated marketing tools for merchants on Instagram, a platform that I’ve personally come to rely on for my own small business. For the most part, migrating a brick-and-mortar business online is still easier said than done. “The really hard part during Covid was that so many businesses moved online, so I had to decide where the cutoff point was [with wholesale accounts]. These are common practices for online businesses, but again: You need the margins to sustain them.
The Instagram aesthetic that made QAnon mainstream
At first glance, the memes under the hashtag #SaveTheChildren don’t look that different from anything else you’d expect to see on Instagram. After three years of leaving QAnon largely unchecked, Facebook said in August it had removed hundreds of QAnon Facebook Groups and Pages for “discussions of potential violence.” But as that was happening, membership on Facebook Groups and Pages branded as anti-child trafficking grew a stunning 3,000 percent — and inside those groups, users predominantly shared QAnon content. Our mission has never been more vital than it is in this moment: to empower you through understanding. Even when the economy and the news advertising market recovers, your support will be a critical part of sustaining our resource-intensive work. If you haven’t, please consider helping everyone make sense of an increasingly chaotic world: Contribute today from as little as $3.
Georgia’s two super-competitive Senate races, explained
Georgia, a once-solidly Republican state, has not one but two competitive Senate races this year. Then there’s a less conventional — and far more crowded — special election race to replace retiring Republican Sen. Johnny Isakson. If no candidate clears a threshold of 50 percent, Georgia Senate races go to a federal runoff election, scheduled for January 5, 2021. Perdue is conservative and business-friendly, and a staunch defender of the president in a historically Republican state. The Democratic side has mostly cleared for Warnock, but polls show Republican voters are split between Loeffler and Collins.
Jennifer Hudson’s ‘Respect’ gets pushed back by seven months
In keeping with the volatile times, entertainment studio giant MGM has decided to push back Aretha Franklin’s biopic which stars Jennifer Hudson as the lead, by seven months. The movie, Respect, which happens to be Franklin’s album title, was originally set for January 15 release, will not hit theatres on August 13, 2021. Aretha Franklin has personally chosen Jennifer Hudson to play her role before she passed away at the age of 76 in 2018. Respect, the movie has been written by Thelma and Louise and Nashville creator Callie Khouri. During her lifetime, Franklin won a whopping 17 Grammys, starting with Respect in 1966, Chain of Fools in 1969.
On Nicole Kidman's fabulous coats in HBO's 'The Undoing'
Coats are a big deal in New York, more so than in many other places in the country. Grace is a character squarely in Nicole Kidman’s HBO miniseries niche: a rich white lady whose husband is up to some bullshit. Later in the first episode of The Undoing, Grace and her husband Jonathan (Hugh Grant, wow) attend a fundraiser for their son’s private school with the dress code "fancy glam." Image: hboThis year is a sad one for the New York coat. You might be a tense thriller about 5th Avenue oligarchs and homicide, but the coats are killer, too.
WHO to hold emergency meeting on COVID-19 today as countries including Pakistan face the second wave
The World Health Organization's (WHO) to hold emergency meeting today pertaining to COVID-19 second wave. The Emergency committee states:"The fifth meeting of the Emergency Committee, convened by the WHO Director-General under the International Health Regulations (2005) regarding COVID-19, will be held on 29 October. The EC will issue a statement following this, with recommendations to WHO and the Member States,"WHO declared the COVID-19 outbreak a pandemic on March 11. Total active cases as of today are 11,695 out of which 908 have tested positive in the last 24 hours. Punjab reports 103,587 and Sindh reports 144,765.
Apple Watch Series 6 Review: The Best Smartwatch Did Get Better, But Only Just
Apple Watch Series 6: Design and Build QualityThe Apple Watch Series 6 looks just like the Apple Watch Series 5 with the same sized curved glass display, curved square watch case, spinning crown button, right side button, same band attachment design, similar heart rate sensor on the back, and same magnetic charging puck. If you've liked the look of Watch Series 5 you'll like the look of the Watch Series 6. Apple Watch Series 6: DisplayTurn on the display of the Apple Watch Series 6 and you may also note the always-on retina display is 2.5 times brighter than the Series 5. Apple has also made changes to how the always-on display works on both the Apple Watch Series 5 and Apple Watch Series 6. Apple Watch Series 6: Battery LifeThe more features that come with the Apple Watch, the harder it is to get through an entire day without your Apple Watch battery taking a powder.
Randall's Black Rage Fatigue Is The Realest Thing 'This Is Us' Has Ever Shown
There was a lot that could have gone wrong with the Season 5 premiere of This Is Us. The Season 5 premiere showed what happens when Randall reaches the natural conclusion of his experience: the fuck-’em plateau. Sad things happen, and happen, and happen until sadness is just a part of our lives, running in the background like a forgotten laptop program using up a chunk of our CPU. It’s the sadness that comes with the incomprehensible volume of terrible things that Black people deal with. Sad things happen, and happen, and happen until sadness is just a part of our lives, running in the background like a forgotten laptop program using up a chunk of our CPU.
On Nicole Kidman's Fabulous Coats In HBO's 'The Undoing'
Coats are a big deal in New York, more so than in many other places in the country. Grace is a character squarely in Nicole Kidman’s HBO miniseries niche: a rich white lady whose husband is up to some bullshit. Later in the first episode of The Undoing, Grace and her husband Jonathan (Hugh Grant, wow) attend a fundraiser for their son’s private school with the dress code "fancy glam." Image: hboThis year is a sad one for the New York coat. You might be a tense thriller about 5th Avenue oligarchs and homicide, but the coats are killer, too.
Turns Out The Govt Doesn’t Know Who Made Aarogya Setu App And Twitter’s Turned Detective
Remember when the current government said that it doesn’t have the details and data about the migrant workers that died during the still ongoing Coronavirus pandemic? All of it came to the fore, according to a Hindustan Times report, when an RTI query was filed by one Saurav Das. As it turns out that the NIC has no information about who created the the COVID-19 contact tracing app that was made compulsory for air/rail travel among other things. ? pic.twitter.com/MD4QtXXrvC — Rofl Gandhi 2.0? (@RoflGandhi_) October 28, 2020Hey, at least we can all laugh about our collective misery, amirite? via GIPHYSEE ALSO: Biden Trolls Trump On His COVID Failures With A Fake Error PageCover Image: Twitter
'Aashram Chapter 2 - The Dark Side' Trailer: Bobby Deol Is Back And He's Not In The Mood For Sermons
All that said, I am excited because the first season had impressed me a lot and left on a pretty harrowing note. So, the trailer for the second season is quite confusing because it shows Satti, Pammi, and Babita all siding with Baba Nirala. Also, Darshan Kumaar's Ujagar Singh has pretty much gone rogue and he's probably the only person who can take down this heinous nexus. I think one of the many criticisms that Season 1 of Aashram had faced is that it was a lot of build-up to basically nothing. SEE ALSO: Aashram Review - Prakash Jha Show Is 'Raajneeti' On Steroids With Stellar PerformancesCover artwork by Bhavya Poonia/Mashable India
LinkedIn Launches New Tools To Help Find Jobs That Suit A Candidate's Skill
LinkedIn wants to help job seekers and employees alike who were displaced by COVID-19 find new jobs amid the pandemic. The Microsoft-owned social networking site has announced a new service called Career Explorer tool, available worldwide in beta in English starting today. In addition, the platform seeks to prepare job seekers for opportunities in tech-related careers by identifying top digital skills among professionals. Finally, LinkedIn has added new virtual interview preparation tools for in-demand jobs such as project manager and software engineer. SEE ALSO: LinkedIn Cuts 960 Jobs Globally As Recruitment Falls Due To Pandemic
The Questionable Line Items of Illinois’ COVID-19 Spending
Series: Illinois Newsletter Dive Deeper Into Our ReportingProPublica Illinois is a nonprofit newsroom that investigates abuses of power. Last week, we published Grenades, Bread and Body Bags: How Illinois Has Spent $1.6 Billion in Response to COVID-19 So Far, a story and look-up tool that examines Illinois’ COVID-19 related spending. Learn More Grenades, Bread and Body Bags: How Illinois Has Spent $1.6 Billion in Response to COVID-19 So Far Fighting — and adapting to — the coronavirus in Illinois has been costly. Dive Deeper Into Our Reporting Our newsletter is written by a ProPublica Illinois reporter every week. The most questionable line items we came across were a series of purchases made by the Illinois State Police.
Bucks Co. Scrambles To Handle Last-Day Early Voting Crowds
BUCKS COUNTY, PA — Election officials in Bucks County were scrambling Wednesday morning to handle voting requests from crowds of people who showed up Tuesday on the last day of early voting at three county locations. Tuesday was the last day for what's called absentee in-person voting, in which a voter shows up at a county election office, requests an absentee ballot, then fills it out and turns it back in on the spot. Mail-in and absentee voters who requested a ballot may still drop those ballots off at one of three Bucks County drop boxes through Election Day next week. Like other counties in Pennsylvania and around the country, Bucks is handling a record number of early-voting and mail-in ballot requests due to the coronavirus outbreak. In 2020 This year, as many as 200,000 of Bucks County's 470,000 eligible voters are expected to vote by mail-in or absentee ballot — a dramatic increase over previous presidential elections.
West Virginians Were Promised an Economic Revival. It Hasn’t Happened Yet.
Continued growth in natural gas production was going to spark an industrial renaissance, bringing construction of a giant collection of spinoff factories. And now, as the COVID-19 crisis worsens in West Virginia and around the country, the state faces a grim reality. “It was quite a shock all across West Virginia,” Charlie Burd, executive director of the Independent Oil and Gas Association of West Virginia, told a local television station. “The emergence of downstream manufacturing in the Appalachian Basin will support long-term supply growth in West Virginia,” the report said. Still, as coal continues to decline, West Virginia political leaders seem to only try harder to prop up the industry.
This Will Change Your Life
Less than 1 percent of the independent distributors who sell essential oils and related products through the Utah-based multilevel-marketing company Young Living reach that top ranking. Young Living is a $1.5 billion brand, according to its most recent revenue report, and it is notorious for swirling together fact and fiction. More recently, Business Insider reported that some Young Living distributors had been advertising essential oils on social media as potential cures for COVID-19. “I don’t know the percentage of Young Living people who are in this,” she told me. “What I do know is the percentage of the people that I met through Young Living that are into it.
Why Many White Men Love Trump’s Coronavirus Response
Other wrinkles of our current political moment could further explain why so many Trump supporters approve of the president’s pandemic response. Shana Kushner Gadarian, a political scientist at Syracuse University, pointed out that understanding the failures of Trump’s pandemic response might require intimate knowledge of other countries’ public-health systems—a tall order for the average person. But another prominent scholar of the American right believes Trump support among men, in particular, is rooted in something more psychological. Many white men feel that their gender and race has been vilified, says the sociologist Arlie Russell Hochschild. Or as Kurtis told me when I asked him how he felt about Trump getting the coronavirus, “Trump’s willing to accept that risk to win for the American people.
Border Officials Turned Away Unaccompanied Immigrant Children More Than 13,000 Times Under Trump’s Pandemic Policy
Immigrant children at the Gateway International Bridge, in Matamoros, Mexico, eat a meal provided by the United in Christ Ministry of Los Fresnos, Texas, a group that brings dinner every Thursday in rotation with other volunteers. The Department of Homeland Security has expelled unaccompanied immigrant children from the US border more than 13,000 times since March, when the Trump administration gave the agency unprecedented powers to close off access at the border during the coronavirus pandemic, according to an internal document obtained by BuzzFeed News. Previously, unaccompanied children were sent to government-run shelters as they attempted to pursue their asylum cases. But the Trump administration has argued that the policy is necessary to prevent the spread of the coronavirus in the US and has been a key tool for border agents. Critics say the government is using the public health orders as an excuse to violate federal laws that govern the processing of unaccompanied minors at the border.
Herman Cain’s Life And Death Were More Complicated Than That
On Father’s Day earlier this year, Melanie Cain Gallo drove to her parents’ house to drop off a gift for her dad, Herman Cain. But Herman Cain never did. “Herman Cain Tweets Coronavirus Not That Deadly — Despite Having Died From It,” one read. I wish more had been done.” The day after Cain’s death, the question came up at a White House press briefing. “I will not politicize Herman Cain’s passing,” said press secretary Kayleigh McEnany.
The Supreme Court Rejected Trump’s Efforts To Force North Carolina To Toss Out Ballots That Arrive After Election Day
The US Supreme Court rejected a bid by President Donald Trump’s campaign to narrow the window for absentee voting in North Carolina, voting 5-3 to allow officials to count ballots that arrive by Nov. 12, as long as they are postmarked on Election Day. Chief Justice John Roberts and Justice Brett Kavanaugh sided with the court's three liberal justices to allow the extension to stand. The court’s newest member, Justice Amy Coney Barrett, who was sworn in this week, did not participate in the decision. As in that case, Gorsuch argued that state legislatures should decide how to run an election, and courts should not be second-guessing those decisions. Many of the decisions coming down about voting rights this close to the election have been decided in a similar fashion.
“Rachael Ray" Crew Members Are Fighting To Keep Their Jobs During The Pandemic
BuzzFeed News spoke with nine crew members who preferred to remain anonymous fearing retribution from the show and the entertainment industry. Then in August, management told crew members that Ray was going to continue filming alone in her own home and no one would be returning to the studio. Despite the change in plans, crew members said they were told they’d be paid through October and executives would reevaluate the situation as the months went on. “It’s terrifying,” one crew member said. Some crew members also said producers won’t return phone calls or emails.
India's COVID-19 cases have declined rapidly—but herd immunity is still far away, scientists say
India's COVID-19 cases have declined rapidly—but herd immunity is still far away, scientists sayScience ’s COVID-19 reporting is supported by the Pulitzer Center and the Heising-Simons Foundation. The encouraging projections come from the National Supermodel Committee, which modeled the past and future of India’s epidemic at the government’s request. (The study also concluded that by flattening the curve, India’s lockdown last spring saved up to 2.6 million lives.) T. Jacob John, Christian Medical CollegeMore detailed data could also shed more light on India’s perplexingly low mortality rates, often touted by the government. A study published this week estimated that long-term exposure to air pollution is linked to 15% of COVID-19 deaths globally.
The ‘very, very bad look’ of remdesivir, the first FDA-approved COVID-19 drug
The ‘very, very bad look’ of remdesivir, the first FDA-approved COVID-19 drugScience ’s COVID-19 reporting is supported by the Pulitzer Center and the Heising-Simons Foundation. On 8 October, the company inked an agreement to supply the European Union with its drug remdesivir as a treatment for COVID-19—a deal potentially worth more than $1 billion. At best, one large, well-designed study found remdesivir modestly reduced the time to recover from COVID-19 in hospitalized patients with severe illness. The European Union, meanwhile, decided to settle on the remdesivir pricing exactly 1 week before the disappointing Solidarity trial results came out. The drug reduced the median time that severely ill, hospitalized COVID-19 patients took to recover from 15 days to 11 days.
‘Another piece of populist propaganda’: Critics slam the Brazilian government’s new COVID-19 drug
‘Another piece of populist propaganda’: Critics slam the Brazilian government’s new COVID-19 drugScience ’s COVID-19 reporting is supported by the Pulitzer Center and the Heising-Simons Foundation. On 19 October, the Brazilian government organized a high-profile ceremony to announce what it billed as a new breakthrough in the fight against the COVID-19 pandemic: the antiparasitic drug nitazoxanide. “We are announcing something that will begin to change the history of the pandemic,” science minister Marcos Pontes said. Bolsonaro has been a tireless advocate of hydroxychloroquine to treat COVID-19, even after large clinical trials showed it didn’t work. “The results of this study do not justify prescription of this drug for treatment of COVID-19,” she says.
Are 'RHOC's Braunwyn & Sean Still Together? They're "Redefining" Their Marriage
Despite sparking divorce rumors in recent months, RHOC star Braunwyn and her husband Sean are still together — sort of. In the second episode of RHOC Season 15, Braunwyn admitted that she and Sean were just "going through the motions" of marriage and hadn't had sex, or even held hands, since she got sober. Since then, the mom of seven has explained in interviews that she and Sean are living in separate homes while they "redefine" their 20-year marriage. Even so, she explained to the magazine that she and Sean are still married and have "every intention" of staying together. He's there," Braunwyn said.
Khloé Kardashian Describes Her "Crazy" Coronavirus Symptoms In New KUWTK Teaser
Khloé Kardashian revealed that she had COVID-19 earlier this year in a new Keeping Up With the Kardashians teaser, released on Wednesday, Oct. 28. "That really scares me for her, 'cause I can tell that she's now getting scared and that she's really nervous about it." Luckily, Khloé has since recovered, recently joining her family on a private island vacation to celebrate Kim's 40th birthday. Production has also started once again on KUWTK, which will end its 14-year run with its 20th season, set to air in early 2021. According to Kris, Khloé is having the hardest time coming to terms with the show's end.
Everything We Know About Archer Season 12
FXX renewed Archer for Season 12, with the new episodes slated to premiere in 2021 on FXX, FX, and Hulu, according to Variety. Fans are eager to learn more about Season 12 of Archer, and while many details are still being hammered out, here's what we know so far. 1. Who's In The Archer Season 12 Cast? When Will Archer Season 12 Premiere? What Is The Plot Of Archer Season 12?
How To Boost Your Vitamin D Levels Now It's Getting Darker
But fear not; here's how to get vitamin D during lockdown, when you aren't spending time in the sunshine. It is therefore more important than ever to ensure your vitamin D levels are stable. With that said, here’s everything you need to know about vitamin D.Why Is Vitamin D Important? Vitamin D is a mineral, which helps to regulate the levels of calcium and phosphate in your body. Consider Other Lifestyle ChangesCarson advises taking a look at your wider lifestyle when considering vitamin D levels.
7 Podcasts That'll Keep You Up To Speed On The 2020 Election
With the general election taking place in less than a week, now is the time to stock up your knowledge arsenal with podcasts to help you follow the 2020 election. Though we're mere days away from election day, there's still plenty of time for more confusion to arise. Other popular political podcasts from Crooked include Pod Save the World, which focuses on foreign policy, and The Wilderness, which is mentioned below. 2 FiveThirtyEight's 'Politics' FiveThirtyEight's Politics podcast approaches American political elections like the midterms and the 2020 election from the analytical perspective famously championed by FiveThirtyEight founder Nate Silver. 4 'Political Gabfest' Political Gabfest is a podcast run by Slate, and was voted Favorite Political Podcast by listeners on Apple Podcasts.
How Borat 2 Was Able To Feel So Timely
But when Collider reported that Borat Subsequent Moviefilm wasn't only shot, but that it was also finished and ready for audiences, even the most fervent of fans were surprised. Just when — and how, given the pandemic — did Baron Cohen find the time to put another Borat film together? Borat Subsequent Moviefilm sees Baron Cohen reprise the titular role in order to lampoon America and, more specifically, its government. While there were videos posted on Twitter of the disturbance, nobody was able to identify the disruptor as Baron Cohen. Borat Subsequent Moviefilm is very much a current movie.
Jamii Founder Khalia Ismain Proves There’s Power In Being A Doer
Today, we hear from Khalia Ismain, the founder of Jamii, a discount card and discovery platform for Black-owned businesses in the UK. The result was Jamii, a discount card and discovery platform for 180 Black-owned businesses across makeup, hair, skincare, clothing, homeware, stationary, and more. Whose applause means the most to you? Their applause means a lot to me. [The brand’s founder] Cherelle has been working on her cards for so long – for about three, going on four, years.
2021 Boston Marathon won't be held in April, moved to fall due to COVID-19
Metrowest Daily News Staff ReportMetrowestdailynews.comThe 2021 Boston Marathon will not be held in April. The Boston Athletic Association (BAA) announced Wednesday afternoon that the 125th Boston Marathon, traditionally held on the third Monday in April — Patriots’ Day — will be postponed until at least the fall of 2021. “By shifting our focus to a fall date, we can continue to work with stakeholders to adjust the in-person experience for runners and supporters alike. “We are optimistic that the Boston Marathon will continue its tradition of celebrating the spirit of community and athletic excellence next fall. The 2020 marathon was held virtually over 10-days as a virtual experience due to the coronavirus pandemic.
Former CDC director: For COVID-19, attempt to build 'herd immunity' is a losing strategy
That turned out not to be the case then, and a herd immunity approach is likely to be inadequate now in the battle against the novel coronavirus. The current discussions of herd immunity often concern hypothetical possibilities and are not based on evidence. No herd immunity figure is meaningful without population density, plus information on the frequency and types of contacts between people. The campaign to eradicate smallpox provided real-life experience demonstrating the inadequacy of herd immunity as a concept or valid target. Vaccines are only part of the solutionThose who advocate a herd immunity approach for controlling the coronavirus have not studied the lessons of the past.
Joe Biden's biggest problem is that there is no vaccine for Trumpism
Christian SchneiderOpinion columnistAs the 2020 presidential election hurls itself at us, there is one thing upon which the far right and far left agree: The COVID-19 pandemic should be over within days after Nov. 4. Alas, despite these extremes being so far out there that they meet again in the back, neither is right. Trump is not entirely to blame for the virus’ spread, and Joe Biden’s election will not be a panacea in stopping it. Biden's plan won't be effectiveSure, Biden has a “plan” to solve COVID-19, and it contains all the commonsense proposals: vaccine funding, paid leave, more protective equipment and more funding for testing. Voters can handle 'Saturday Night Live' jokes about Joe Biden.
Halloween candy catapults, chutes and ziplines: How some will greet trick-or-treaters in 2020
"One-way trick or treating," however, is suggested as a safer alternative. Across the country, people are getting creative — building unique gadgets to hand out candy in a fun, but COVID-cautious way. This year she is planting a candy garden near the bottom of the driveway at her Indiana home. — Jo Ciavaglia, Bucks County Courier TimesPhoto gallery:Trumps host socially distant trick-or-treating at White HouseSpooky zipline, candy drone and cannonIn Michigan, a family's spooky zipline is getting attention on Twitter. "Candy cannons" have also become popular — from reimaged t-shirt cannons to homemade pipes aimed for trick or treaters on the sidewalk.
Man charged in Whitmer kidnapping plot also threatened to hang Trump, Obama online
Barry Croft, a Delaware resident, railed against numerous present and former elected leaders in private Facebook posts, special agent Kristopher Long said. Croft is one of six purported members of an extremist paramilitary group accused of scheming to kidnap Democratic Gov. Gretchen Whitmer says Trump incites domestic terrorismIt said one Facebook post in May showed an image of Trump with a caption reading, “True colors shining through, wanna hang this mf'er too!! !%"Other profanity-laced posts spoke of hanging former Secretary of State Hillary Clinton “for war crimes against humanity," the affidavit said. But investigators say some cased Whitmer's vacation home in northern Michigan and agreed to buy explosives and tactical gear.
Trump raved about his COVID treatment, but hardly anyone can get it. We need a better plan.
Monoclonal antibodies are genetically engineered antibodies that could both treat and prevent COVID-19 infection. Because monoclonal antibodies could help prevent infection, the figure also includes household members of confirmed cases and health care workers with direct patient exposure. Plan for antibodies, not just vaccinesThe Trump administration has also neglected to plan for distribution of monoclonal antibodies. The Trump administration has announced that distribution of monoclonal antibodies will be similar to distribution of the antiviral drug remdesivir. Monoclonal antibodies are a promising treatment and, together with a vaccine, have the potential to turn the tide of this pandemic.
United will give free airport COVID-19 tests on select flights to London: 'We have to show that it works'
The good news for passengers: the test, required of all passengers over age 2 on select flights from Newark, is free.Other airport and airline COVID-19 test options are as pricey as $250 per person for on-site tests. Despite the negative tests, United said passengers will still have to wear masks and follow other coronavirus safety protocols on the flights to London. Passengers will be given an Abbott ID Now COVID-19 test, a rapid molecular test that will be administered by Premise Health. Lab-based PCR tests, which take longer to process, are generally the most accurate COVID-19 tests available, but United said the Abbott ID tests are more sensitive to virus detection than other rapid tests, including antigen tests. Earnest said the prices of COVID-19 tests for travel in general should come down as competition increases.
ShowBiz Minute: Jeremy, Kardashian, Ciara
ShowBiz Minute: Jeremy, Kardashian, CiaraPorn star Ron Jeremy pleads not guilty to new rape charges; Khloe Kardashian confirms she had coronavirus in video; Russell Wilson, Ciara fund charter school in Seattle area.
Tiffany agrees to $15.8 billion revised sale price, merger with LVMH, owner of Louis Vuitton, Sephora and Hennessy
Luxury goods giant LVMH has officially landed its gem. The Paris-based conglomerate, which has a portfolio including Louis Vuitton, Christian Dior, Bulgari and Hennessy, will acquire New York's famed jeweler Tiffany for $15.8 billion, the companies said. The sale price is slightly lower than the $16.2 billion the two companies announced in November 2019. The buyout has been approved by the boards of both companies, and it's expected to close early next year. Tiffany had sued LVMH asking the court to make the luxury goods company abide by the merger agreement.
Two men, company that ran Pennsylvania hotels convicted of sex, drug trafficking
Faizal Bhimani, 43, and Nazim Hassam, 64; Om Sri Sai, Inc., a Pennsylvania corporation; and the Pocono Plaza Inn hotel, formerly known as the Quality Inn in Stroudsburg, were convicted Friday of sex trafficking and drug trafficking charges after a two-week jury trial. The investigation expanded after Stroud Area Regional Police and the Monroe County District Attorney’s Office uncovered more widespread sex and drug trafficking in Monroe County, the U.S. Attorney’s Office said. Bhimani also traded discounted and free rooms for sex, prosecutors said. “This was a novel prosecution, and the first time a hotel or its manager or owner have been charged with and convicted of sex trafficking in Pennsylvania,” said U. S. Attorney David J. Freed said sex trafficking cases are among the most serious his office prosecutes.
'Radium Girls' tells the 'invisible history' of the fight for workplace justice
It’s taken them nearly a century, but "Radium Girls” will have their story told on the big screen. "The (story of) 'Radium Girls' is a perfect example, but it’s not just untold history – it’s invisible history. As detailed in "Radium Girls," women working with radioactive paint in factories were instructed to lick their brushes, unaware of the toxic materials they were ingesting. By 1927, more than 50 women had died from radium paint poisoning, according to a 2014 NPR report. In 2017, author Kate Moore released the book "The Radium Girls: The Dark Story of America's Shining Women."
Americans say they are better off under Trump, but is America? Trump by the numbers
Americans say they're better off, but not due to TrumpAnd yet the same percentage — 56% — say Trump “does not deserve to be reelected, while 43% say he does,” Gallup says. It’s an extraordinary disconnect: Americans say they’re better off, but they don’t give the incumbent president credit. President Trump, who talks constantly about how prices are coming down because of him, isn’t fooling anyone here, including senior citizens, who appear to be abandoning him. Trump vs. Biden: Opinion contributors assess the final presidential debate19: The number of women who have accused Trump of sexual misconduct over the years. 17: How many percentage points Trump trails Biden among voters older than 65 — a group the president won in 2016.
Best Buy Black Friday 2020: Sale features TV deals, laptop and tech savings with some specials available early
Best Buy has revealed its Black Friday sale ad earlier than ever with "thousands of deals on the season’s hottest tech." "As we’ve said, Black Friday isn’t just one day this year – it’s months long" Best Buy said in a news release. Best Buy announced in July that it would keep stores closed on Thanksgiving, a change from past years amid the coronavirus pandemic. Best Buy isn't the first to provide an early look at the savings. Nov. 22: Black Friday sale starts with "nearly all deals" from the ad available.
Space Force's second-in-command Gen. David D. Thompson tests positive for COVID-19
WASHINGTON – Gen. David D. Thompson, the second-in-command for the United States Space Force, has tested positive for COVID-19. In a statement published Wednesday evening, the Space Force confirmed that Thompson, its vice chief of space operations, was tested after a close family member who he was in contact with also tested positive. Representatives from the Space Force did not immediately respond to a request for comment from USA TODAY. The Force's announcement ended with a reassurance that it "remains operationally ready to answer the Nation’s call." Space Force head Gen. John Raymond tested negative in the last 24 hours, a representative told the news organization, as did Gen. C.Q.
Target reveals 'Black Friday Now' deals with series of weekly sales running throughout November amid COVID-19
Target's Black Friday 2020 will be a series of week-long sales throughout November, instead of the traditional short holiday shopping extravaganza. Here's how the holiday shopping season is different amid COVID-19. Target Black Friday Now weekly dealsTarget says this year "nearly all" of the "Black Friday Now" deals will be available for an entire week, both in stores and online. Last week, Target said stores were adapting new measures to make it easier for holiday shoppers to safely shop for gifts. Target price match guaranteeTarget is extending its Price Match Guarantee from Nov. 1 to Dec. 24.
Tiffany, LVMH agree to end bitter legal battle in new merger deal
Tiffany & Co. and LVMH are heading back to the altar. The ritzy retailers said they will end their bitter legal battle as they announced a revised merger deal announced Thursday — less than two months after LVMH moved to cancel the blockbuster wedding. The revised deal — now worth about $15.9 billion based on Tiffany’s number of outstanding shares — is expected to close early next year if the blue-box jeweler’s shareholders approve it. The deal has already received regulatory clearance, and both companies’ boards have approved the terms, according to a news release. The two companies’ Delaware court battle was slated to go to trial in January had they not agreed to drop the dispute.
Record Economic Growth Expected, but Problems Remain: Live Updates
ET Record Economic Growth Expected, but Problems Remain: Live Updates RIGHT NOW Here come the last big economic numbers before the election. The Commerce Department will release its preliminary estimate of economic growth in the third quarter. France is expected to report on Friday a jump in growth during the third quarter, when summer vacations helped fuel a temporary economic revival. The government has calculated that 60 billion euros is lopped off economic activity for every month in which a total lockdown is active. Factories, farms and construction sites will stay open, along with some public services, to limit potentially wider economic damage.
Gilead Sciences raked in nearly $900M from COVID-19 drug remdesivir
Gilead Sciences sold nearly $900 million worth of its coronavirus treatment remdesivir from July to September, the company announced this week. The California-based drugmaker on Wednesday reported third-quarter revenues of $873 million from its antiviral drug, which was the first COVID-19 treatment to be fully approved by the US Food and Drug Administration. The drug, sold under the brand name Veklury, helped Gilead post an 18 percent increase in its total product sales and a net profit of $360 million, a significant improvement from a nearly $1.2 billion loss in the year-earlier period. This was the first full quarter for which Gilead reported sales for remdesivir, which the FDA cleared for emergency use in coronavirus patients in May before granting it full approval last week. Gilead has said Veklury helps shorten recovery times for hospitalized coronavirus patients by five days, but a recent World Health Organization study concluded that it had no significant effect on patients’ chances of survival.
United to offer free coronavirus testing on select Newark-to-London flights
Even with proof of a negative coronavirus test, travelers will still be required to follow local quarantine requirements. U.S. citizens can travel to the United Kingdom but must quarantine for 14 days. Increasingly, the aviation industry sees testing as a key strategy for restarting travel — particularly international travel, which has been hardest hit as countries have closed borders and imposed strict quarantines. According to the most recent update from trade group Airlines for America, international travel was down 77 percent compared with a year ago. The airline already has seen benefits from the testing program it launched for passengers traveling to Hawaii from San Francisco.
‘Big Brother: All Stars’ finale: How the show barely redeemed itself after a very boring season
“Big Brother,” which debuted in 2000, is billed as a “social experiment”: Stick 16 people in a house with cameras and microphones everywhere and have them vote each other out, one by one. This year was “Big Brother: All Stars,” theoretically meaning that the most legendary players in “Big Brother” history would return to compete. From the first week, members of that alliance (and Enzo, secretly aligned with Cody) won the majority of competitions. This win was especially validating to many viewers, as Da’Vonne has become adored by fans over the years, especially for her priceless reactions in response to the madness of the “Big Brother” house. “Big Brother” has had a long, ugly history of houseguests making racist comments, as well as a lack of diversity: A Black contestant has never won the show.
Is it safe to travel for Thanksgiving? Here’s what health experts are doing for the holiday.
In D.C., Monroe said, health experts have found about 25 percent of new cases involve people who had been attending small social gatherings at homes. “To me, it’s not worth the risk.”If he did travel, he said, car travel carries a lower risk of transmitting or contracting the virus. If people decide to travel for the holiday, how should they travel? For him, he said, “the safer thing to do is hunker down.”If you’re traveling, are you staying overnight at other people’s houses? He suggested not visiting or inviting someone to Thanksgiving dinner who might have underlying health conditions and be high risk.
Interactive theater online is a two-way street
— there seemed few innovative opportunities for the theater world to engage audiences who were stuck at home on their laptops. And in the process, theater is reclaiming for these trying times its rightful status as the most intimate of art forms. Sojourn artistic director Michael Rohd, who staged in-person versions of “The Race” in previous presidential election years, sees the new interactive formulas as theatrical progress. These online meetups often provide a richness of topical conversation that eludes the town halls staged by TV news networks. But it may be that interactive programming finds it broadest audience as an escape from political realities.
Should college students go home for Thanksgiving this year? Here’s what experts say.
Here’s what experts say parents and students should be considering to reduce the chances of infecting family members, whether they return at Thanksgiving or closer to Christmas. ADMany colleges and universities have been regularly testing their students, and some have rolled out special guidances for holiday travel. At the State University of New York, for instance, all on-campus students will have to test negative before they can leave for Thanksgiving break. But experts cautioned against being lulled into a false sense of security by a single negative test. ADIf students travel by plane, train or bus, they should strictly follow safety measures such as mask-wearing and hand hygiene, Omer said.
Classic toys are making a comeback during the pandemic
Classic toys also have strong appeal for adults who want their children engaged in open-ended play for long periods of time. Analysts expect toy sales to be a bright spot in a holiday season mired by recession and high unemployment. Among the season’s most popular toys, according to NPD: Little Tikes, Barbies and Hot Wheels. ADBut the pandemic has created its share of challenges: unpredictable demand, supply chain hiccups and a trucking shortage that is keeping some toys from making it to stores. “It has been a tale of two anxieties: The pandemic hit and we panicked that people would stop buying toys.
Coronavirus live updates: Fauci expresses support for national mask mandate amid record-setting coronavirus infections
Taiwan on Thursday celebrated its 200th day without recording a single locally transmitted coronavirus infection, a milestone no other government can claim. But the opposite happened, because Taiwan had learned from past epidemics and took the virus seriously from the start. As soon as China reported the first coronavirus case to the World Health Organization in December, Taiwan began screening passengers on flights from Wuhan. By late January, the government was using records from its national health system to identify people who had recently developed respiratory problems and have them tested for the coronavirus. Immigration databases were similarly leveraged to allow doctors to prioritize testing people who had recently traveled to hot spots.
Fact-checking Trump’s closing arguments on covid-19
When comparing the 20 countries most affected by the coronavirus, the United States is fifth in deaths per 100,000 people. The United States is now past both numbers. After the first peak in early spring, US death rates from COVID-19 and from all causes remained higher than even countries with high COVID-19 mortality. The Pinocchio TestThe United States is not “rounding the turn.” Coronavirus cases are spiking across the country. His boast that the United States has 42 percent less excess-mortality deaths than Europe is premature at best and shaky in any case, considering the dearth of reliable data.
How Trump waged war on his own government
Vindman retired in July after what his attorney called a campaign of White House intimidation and retaliation. ADADThe career staff takes policy direction from every White House, following the lead of political appointees. Longtime public servants worry the purges already have cut into public trust in a government on the cusp of producing a coronavirus vaccine. Public service may have lost its luster just as it needs a new generation to backfill a workforce preparing to retire. After concluding her review, Knight was instructed by a White House lawyer to tell Bolton that the coronavirus pandemic had delayed final approval.
Khloe Kardashian responds to backlash over Kim Kardashian's birthday party: ‘I get it’
Khloe Kardashian addressed the backlash over her sister Kim Kardashian’s lavish 40th birthday party. I don't really know the extent of it," the “Keeping Up With the Kardashians” star told DeGeneres. KARDASHIANS CONTINUE TO POST VACATION PICS AMID BACKLASH FOR PRIVATE ISLAND COMMENTSSome people also criticized the Kardashian family and friends for potentially putting staff at the island at risk of the coronavirus. Criticism aside, the “Revenge Body” star told DeGeneres, "It was such a beautiful experience and I want Kim to focus on just how beautiful it was and what she did for everybody. CLICK HERE TO GET THE FOX NEWS APPReps for Kardashian did not immediately respond to Fox News' request for comment.
Doctors worry coronavirus pandemic may hit LGBTQ people harder than most
The social and economic disparities are hitting the transgender community "very hard," Clinton said in a phone interview with CNBC, adding transgender people already faced extra obstacles before the pandemic. Doctors are concerned the pandemic, which has shuttered businesses and schools and left people without jobs, may hit the LGBTQ community harder than most others. They also experience higher rates of illicit drug use, homelessness, isolation, anxiety, depression and suicide and often face barriers to health care, medical experts say. But doctors and health experts are unsure how severe the impact on the LGBTQ community is because data is so limited. Doctors fear the impact on LGBTQ people could be substantial when considering the social, economic and health risk factors the community already faces.
Southern Co. CEO Tom Fanning on the utility company's mixed quarterly earnings results
Southern Co. CEO Tom Fanning on the utility company's mixed quarterly earnings results"I think America is learning to live with the Covid virus," Southern Company CEO Tom Fanning told CNBC's "Squawk Box" on Thursday. "My sense is, as customers and as businesses are prone to do, we will adapt to these changing."
Gottlieb: U.S. Covid cases are unlikely to peak until after Thanksgiving
Gottlieb: U.S. Covid cases are unlikely to peak until after Thanksgiving"We're really not going to see this sort of start to peak until after Thanksgiving," Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA commissioner, told CNBC's "Squawk Box" Thursday. "I think after Thanksgiving, that's going to be a turning point when the infection levels get high enough in many parts of the country that we start to see a policy reaction and also consumer behavior start to change."
United Airlines to begin trial of free passenger Covid tests on London flights
The trial will run from Nov. 16 through Dec. 11 on some flights from its hub in Newark, New Jersey, to London's Heathrow. United will pay for the rapid molecular Abbott ID Now tests, for Monday, Wednesday and Friday departures. United earlier this month started offering Covid tests, which travelers pay for, to some passengers traveling from San Francisco to Hawaii. The launch coincided with Hawaii's removal of a two-week quarantine requirement for inbound travelers if they had a negative Covid-19 test result within 72 hours. The tests ahead of the London flights will be conducted at Newark airport at a United Club lounge and customers have to make an appointment ahead of time.
Tapestry shares surge after Coach owner's sales fall less than expected, boosted by China, e-commerce
Coach owner Tapestry reported Thursday quarterly results that topped its own estimates, driven by triple-digit e-commerce growth and a strong rebound in China. For its fiscal second quarter, Tapestry is calling for a low-double-digit sales decline. Excluding one-time charges during the latest quarter, Tapestry earned 58 cents per share, outpacing analyst expectations for 23 cents per share, from Refinitiv. Coach sales fell 9% from a year earlier to $875.4 million, while Kate Spade sales fell 21% to $240.4 million, and Stuart Weitzman sales dropped 35% to $56.4 million. And this holiday season, it expects e-commerce sales will make up nearly 50% of all North American holiday sales.
Reopening trade is faltering, but one group should hold up better than others, two traders say
However, one area of the recovery trade could rebound better than the others, two traders said Wednesday. Stocks pegged to the reopening of the economy — particularly airlines, hotels and cruise lines — have been hit hard this week as rising coronavirus case counts take the wind out of the recovery. "I do think people are starting to get a little antsy here, are starting to look to travel. And the second is how much debt did they have to take on in order to deal with the initial cratering of demand that happened, and are they going to be able to service that debt going forward?" "So, I think debt is the big problem here."
Europe gears up for more economic pain as Germany and France impose national lockdowns
"Scarring will occur with each iteration," analysts at High Frequency Economics said in note on Wednesday about the new lockdowns. French President Emmanuel Macron announced Wednesday a second nationwide lockdown starting Friday, with only schools and factories remaining open — in contrast to March, when these were also shut. Germany has weathered the economic crisis relatively well to date, in comparison with its European peers. "Rising infections rates in Europe and the U.S. could dampen demand for German export goods," Deutsche Bank said. Michele Tantussi | Getty Images News | Getty Images
Moderna says it's preparing global launch of Covid vaccine as it takes in $1.1 billion in deposits
Medical syringes are seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland on October 12, 2020. Moderna is prepping for the global launch of its potential coronavirus vaccine, already taking in $1.1 billion in deposits from governments awaiting the potentially lifesaving drug, the biotech firm said Thursday in its third-quarter earnings report. "We are actively preparing for the launch of mRNA-1273 and we have signed a number of supply agreements with governments around the world," Moderna CEO Stephane Bancel said in a press release. Moderna, a frontrunner in the Covid-19 vaccine race, said last week it had completed enrollment for its 30,000 participants late-stage trial. As of last week, more than 25,650 participants had received the second of the company's two-dose Covid-19 vaccine.
What to watch today: Stock futures mixed after Wednesday's steep sell-off on Covid worries
That's down from the original $135 per share deal the two sides had agreed to last November, prior to the pandemic. Pinterest (PINS) earned an adjusted 13 cents per share for its latest quarter, 10 cents above estimates, with revenue also above forecasts. Visa (V) came in 3 cents above estimates with adjusted quarterly profit of $1.12 per share. EBay (EBAY) earned an adjusted 85 cents per share for its latest quarter, 8 cents above estimates, with revenue also beating consensus. Etsy (ETSY) beat estimates by 10 cents, reporting quarterly profit of 70 cents per share, while revenue also topped Wall Street forecasts.
Halfway through earnings season, the coronavirus resurgence is overshadowing great results
That's the story of earnings season so far. "Lockdown light" still has a bad ring to it. We are now halfway through a spectacular third quarter earnings season. The S&P 500 is 8% below where it started on the day earnings season began Oct. 13. It's simple: Wall Street doesn't live on past earnings reports, however good they may be.
5 things to know before the stock market opens on Thursday
Wall Street tries to recover from Wednesday's massive sell-off, stock futures fallNew York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun | Anadolu Agency | Getty ImagesU.S. stock futures pointed to a mostly lower open on Thursday morning as the market struggled to recover from its worst day in months. S&P 500 futures were 0.1% lower and Nasdaq 100 futures eked out a gain of 0.3%. Graeme Jennings | ReutersThe number of newly confirmed coronavirus cases rose by 80,662 on Wednesday, topping a previous high of 79,303, while 996 additional Covid-19 deaths were reported, according to a tally kept by NBC. Coronavirus cases have been rising sharply in the U.S. as well as in Europe, leading some states and countries to reimpose more restrictive social distancing measures.
Stocks making the biggest moves in the premarket: Comcast, Spotify, Pinterest, Tapestry & more
The shares rose 2.4% in premarket trading as of 7:33 a.m. Spotify fell 3.9% in premarket trading as of 7:33 a.m. Pinterest (PINS) – Pinterest earned 13 cents per share for its latest quarter, 10 cents a share above estimates. EBay (EBAY) – EBay earned 85 cents per share for its latest quarter, 8 cents a share above estimates. Etsy (ETSY) – Etsy beat estimates by 10 cents a share, reporting quarterly profit of 70 cents per share.
Akamai sees doubling in malicious internet traffic as remote world's bad actors boom, too
"People are working remotely, and are less secure, and lots of enterprises still haven't totally caught up with security," he said. Quarter-over-quarter — Akamai reported its Q3 results this week — the cybersecurity and cloud computing company has tracked a doubling of what Leighton called "malicious traffic" as telecommuting makes for easier targets. Akamai Technologies ' CEO Tom Leighton is impressed by the amazing traffic levels on the internet during the coronavirus pandemic, and the world technology infrastructure's ability to handle it. But during the stay-at-home boom, the web and cybersecurity expert also has been closely watching a boom in bad actors. "A lot of devices are not secure," Leighton said.
Coronavirus live updates: Gottlieb says U.S. cases unlikely to peak before Thanksgiving as nation sets daily case record
Average daily Covid-19 cases in the U.S. set another all-time high on Wednesday, marking the fourth consecutive day the nation topped its prior day record. The seven-day average of daily new U.S. cases was 74,183, a 24% rise from a week ago, according to a CNBC analysis of data from Johns Hopkins University. Rising cases in Europe prompted German Chancellor Angela Merkel to implement a four-week shutdown of restaurants, bars and some other facilities, beginning Nov. 2, and French President Emmanuel Macron imposed a new nationwide lockdown that goes into effect from Friday. The following data was compiled by Johns Hopkins University:
United Airlines to offer free covid testing for passengers on select routes
Washington (CNN Business) In what could be a glimpse into the future of pandemic air travel, United Airlines will begin offering free coronavirus tests to passengers on select routes. United hopes the move will not only increase traffic on mostly empty transatlantic flights, but also spark international cooperation to break down travel restrictions. United says those who test negative for coronavirus will be allowed to board the flight. "It would be a requirement for everyone on board to have that negative test result prior to flight," said McMillan. Although the move does not allow travelers arriving in the United Kingdom to bypass its mandatory 14-day quarantine, United hopes the trial will serve as a proof of concept.
Opinion: Cuts to Medicare services would be disastrous for the country
That's because the Centers for Medicare & Medicaid Services (CMS) recently proposed cuts to certain Medicare services , including breast cancer screening, radiation oncology and physical therapy, along with other medical specialties. Per the HHS , "A five percent annual reduction to the valuations of all non-primary care services and procedures, as determined by the Secretary, under the Physician Fee Schedule will pay for the cost of these payments." But in the process, this move would complicate the lives of patients who need to see specialists, including specialists like myself in radiology. Doctors' offices of all kinds are beleaguered, having worked nonstop since March. The issue, of course, is that doctors' offices aren't charities — they're businesses.
David Hockney's most important landscape painting could sell for upwards of $35 million next month
The original article can be seen hereDavid Hockney's 1980 landscape painting "Nichols Canyon" will go on offer at the upcoming Phillips contemporary evening sale, scheduled to take place on December 7th. The painting carries an estimate of around $35 million, according to a press release from Phillips, and is billed as "unequivocally the most important landscape by the artist in private hands." David Hockney's "Nichols Canyon" (1980) Credit: Courtesy Phillips"Nichols Canyon" marked Hockney's embrace of landscape painting following a brief foray into photography in the 1970's, and was included in the landmark 1981 exhibition "A New Spirit in Painting" at the Royal Academy in London. The painting will be on view at Phillips London until November 1st, then travel to Hong Kong, and finally New York before heading to auction. In February, his iconic painting The Splash (1966) sold at Sotheby's London for £23.1 million ($29.8 million).
Record GDP won't mean much to investors
You can sign up right hereLondon (CNN Business) The US economy probably grew at a record pace during the summer months. Economists polled by Refinitiv expect GDP grew by an annualized, seasonally adjusted rate of 31%. The third quarter GDP data will be useful in demonstrating that once the economy can operate without social distancing restrictions, it's very resilient. Also today: The first look at US third quarter GDP arrives at 8:30 a.m. Coming tomorrow: GDP data for Europe will provide a look at the third quarter recovery — just as countries like France and Germany enact new lockdowns.
The US is close to having 'exponential spread' in some areas, and the hardest part may still be ahead, former FDA official says
Worst number of cases yetThat's as the country continues to report the most number of cases we've seen to date. But the seven-day average of new Covid-19 cases has soared 23% in the past week, according to Johns Hopkins data. The seven-day average of new tests performed has risen only 2.87% over the past week, according to the Covid Tracking Project. South Dakota's test positivity rate is 23%, the state's health department said Monday. As of Monday, at least 37 states had growing numbers of new Covid-19 cases this past week compared with the previous week, according to Johns Hopkins data.
White House lists ending Covid-19 pandemic as an accomplishment despite cases spiking to record levels
(CNN) The White House included ending the coronavirus pandemic on a list of the Trump administration's science and technology accomplishments, despite nearly half a million Americans tested positive for Covid-19 in just the last week. A White House Office of Science and Technology Policy news release made the claim in announcing a document highlighting the administration's science and technology achievements over the past four years. "Highlights include: ENDING THE COVID-19 PANDEMIC," the news release sent to reporters read. "From the outset of the COVID-19 pandemic, the Administration has taken decisive actions to engage scientists and health professionals in academia, industry, and government to understand, treat, and defeat the disease." When asked for comment on including ending the pandemic among the administration's first term accomplishments, office spokeswoman Kristina Baum pointed to the full report.
12 ways the Trump administration botched America's response to Covid-19 (Opinion)
And a number of administration errors have led to the current dire circumstances. Sometimes you can pinpoint a public health error (the crisis of lead in the drinking water in Flint , Michigan, being a clear example). In an academic paper, I've offered a possible definition : "a public health error occurs when one or more stakeholders in a public health system commit a cognizant, negligent act of commission or omission that fails to achieve necessary public health outcomes." Given this definition, the current administration has committed multiple public health errors that have harmed the national Covid-19 response. Just like surgeons go to great lengths to avoid leaving instruments inside of patients, we must avoid errors in public health.
Dietitians share their top picks for stocking your pantry this fall
Here are the six healthy staple items that registered dietitians say you should keep on hand. They also tend to be even less expensive, come in bulk, and in Siegel’s opinion, they taste much better than canned beans, though she added that Eden Foods makes unsalted canned beans that she likes. “But, having variety with legume pastas means extra protein, so you don’t need to worry about adding a protein source to the meal. Albacore contains nearly three times as much mercury as skipjack tuna, which is what’s used in most “chunk light” canned tuna, she said. Dairy milk is a good source of protein, but counting on plant-based milks as a source of protein can be tricky.
Justin Turner under fire for World Series celebration after positive COVID test
After Dodgers star Justin Turner tested positive for the coronavirus during the final game of the World Series, he was pulled from the game. But he still joined the on-field celebration afterward, and Major League Baseball is investigating. NBC national correspondent Miguel Almaguer reports for TODAY from Los Angeles.
Gold holds steady, tracks dollar as election caution kicks in
FILE PHOTO: Gold bars at the Austrian Gold and Silver Separating Plant in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger/File PhotoSpot gold was flat at $1,877.01 per ounce by 1028 GMT. “No one really wants to take any aggressive positions ahead of the election,” said StoneX analyst Rhona O’Connell. But gold, considered an inflation-hedge, was still up 24% this year, helped by near-zero interest rates globally and unprecedented stimulus measures. On the physical front, the World Gold Council expected gold demand to improve into year-end in traditional top buyers China and India after slumping for most of this year.
Factbox: U.S. Supreme Court rules against Trump as legal battles over election continue
FILE PHOTO: The Supreme Court of the United States is seen in Washington, D.C., U.S., August 29, 2020. BIDEN WINS-- NORTH CAROLINA BALLOT EXTENSIONThe U.S. Supreme Court on Wednesday left in place North Carolina’s extension of the deadline for receiving mail-in ballots. The U.S. Supreme Court on Wednesday denied a request from Pennsylvania Republicans to review the decision on an expedited basis. On Oct. 19, the court deadlocked 4-4 on an emergency request by Republicans to halt the lower court decision. By a 6-4 vote, it reversed a lower court ruling that the measure amounted to an unconstitutional poll tax.
Ralph Lauren misses revenue estimates, sees more pandemic pain ahead
FILE PHOTO: A security guard stands outside the Ralph Lauren store during the outbreak of the coronavirus disease (COVID-19), in Beverly Hills, California, U.S., July 30, 2020. REUTERS/Mario Anzuoni(Reuters) - Ralph Lauren Corp RL.N missed revenue estimates for the second quarter on Thursday, as fewer customers spent on its high-end apparel and accessories during the COVID-19 pandemic. The luxury apparel retailer said it expects third quarter and full year earnings to continue to be adversely affected by the pandemic that has dulled consumer demand. Net revenue fell about 30% to $1.19 billion in the quarter ended Sept. 26, missing analysts’ average estimate of $1.21 billion, according to IBES data from Refinitiv. The company reported a net loss of $39.1 million, or 53 cents per share, compared with a profit of $182.1 million, or $2.34 per share, a year earlier.
White House advisers warn of 'unrelenting' COVID-19 spread in U.S. Midwest, West
WASHINGTON (Reuters) - The White House coronavirus task force is warning of a persistent and broad spread of COVID-19 in the western half of the United States and its members urged aggressive mitigation measures. We’re going in the wrong direction,” said Dr. Anthony Fauci, task force member and director of the National Institute of Allergy and Infectious Diseases. Fauci noted that coronavirus cases are rising in 47 states and patients are overwhelming hospitals across the country. “We continue to see unrelenting, broad community spread in the Midwest, Upper Midwest and West. The task force reports said the cooler weather is a major factor in the increase as friends and families move gatherings indoors.
Moderna says preparing for launch of experimental coronavirus vaccine
FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder/File Photo(Reuters) - Moderna Inc MRNA.O, one of the front-runners in the race to develop a vaccine for the new coronavirus, said on Thursday it was preparing to launch the experimental vaccine and had already received $1.1 billion in deposits for supply. Moderna, which has no approved products on the market yet, is one of the handful of companies in final trials for the vaccine, along with large drugmakers like Johnson & Johnson JNJ.N and Pfizer Inc PFE.N. “I believe that if we launch our COVID-19 vaccine, 2021 could be the most important inflection year in Moderna’s history,” said Chief Executive Officer Stéphane Bancel. The company said it was in talks with the World Health Organization-backed COVAX facility on a tiered pricing proposal for its vaccine.
Taco Bell growth helps Yum beat comparable sales estimates
(Reuters) - Yum Brands Inc YUM.N reported a smaller-than-expected drop in comparable sales on Thursday, helped by a spike in online orders for its tacos as pandemic fears kept customers at home. Grubhub will likely be bought by European online food-ordering company Just Eat Takeaway.com NV TKWY.AS for $6.9 billion. Yum’s comparable sales fell 2% for the KFC owner in the quarter ended Sept. 30, but beat the average analyst estimate of a 3.74% slide, according to IBES data from Refinitiv. Taco Bell posted comparable sales growth of 3%, well above the estimate of a 1.75% rise. At Pizza Hut, the company’s pizza chain that has long been grappling with stiff competition from Domino’s Pizza and others, comparable sales were down 3% and slipped 4% at KFC.
NYSE-owner ICE third quarter profit beats on virus-driven market volatility
FILE PHOTO: A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid(Reuters) - Intercontinental Exchange Inc ICE.N, owner of the New York Stock Exchange, beat Street estimates for third-quarter profit on Thursday, boosted by higher trading volumes due to coronavirus-driven volatility in the market. Analysts had expected a profit of 99 cents per share, according to IBES data from Refinitiv. The market volatility fuelled by the COVID-19 pandemic has helped stock exchanges as trading volumes go up, even as the broader economy is experiencing the worst downturn in decades. ICE, however, reported a fall in profit as expenses were higher, mainly related to the company’s acquisition of mortgage tech firm Ellie Mae during the quarter.
France raises security threat level to highest, PM says
French Prime Minister Jean Castex delivers a speech and attends a debate with members of the French National Assembly about new COVID-19 measures as a second wave of the coronavirus disease sweeps France, at the parliament in Paris, France, October 29, 2020. REUTERS/Charles PlatiauPARIS (Reuters) - France has raised the security alert for French territory to the highest level after the knife attack in the city of Nice, Prime Minister Jean Castex said on Thursday. Castex also told French National Assembly that the government’s response to the attack would be firm and implacable.
Column: Coronavirus and the great workplace debate
Remote working has become a necessity for some and highly desirable for many others, accelerating a trend already in motion. But what makes the coronavirus crisis different is that communications technology now enables them to stay there after the epidemic is brought under control. POPULAR COMPROMISEBlended working, where employees split their time between working remotely and from a central office has emerged as a popular compromise for a post-pandemic workplace solution. Among these, employees and employers both have to maintain workspace, paying for space used only part of the time. But the need to continue travelling to a central location suggests the need to remain within easy commuting distance.
West Bank Palestinians' olive trees burn as U.N. urges protection for harvest
BURQA, West Bank (Reuters) - For many West Bank Palestinians, the olive tree is both a revered cultural emblem and an economic necessity - but it has also become a focal point of a struggle between them and Israeli settlers for a land they both claim. The Oct 23 report by humanitarian affairs office UNOCHA has also logged 19 disruptions “by people believed or known to be Israeli settlers,” with 23 Palestinian farmers injured. In Burqa, Israeli settlers “stoned and physically assaulted Palestinian olive pickers on three occasions, triggering clashes”, UNOCHA said. Palestinians claim the West Bank for a future state. Israeli security forces intervened, firing tear gas and stun grenades towards Palestinians, who threw stones back.
European stocks rebound as earnings support; focus on ECB meet
(Reuters) - European stocks recovered slightly on Thursday on the back of strong earnings from oil major Royal Dutch Shell and chip equipment supplier ASM, but sentiment remained fragile a day after lockdown fears sparked a sharp selloff. The pan-European STOXX 600 index .STOXX rose 0.3% after closing at a five-month low in the previous session, while the German DAX .GDAXI advanced 0.6% and UK's FTSE 100 .FTSE and France's CAC 40 .FCHI rebounded from multi-month lows. Real estate .SX86P, oil & gas .SXEP and technology stocks .SX8P rose more than 1%, leading sectoral gains. UK's Royal Dutch Shell RDSa.L rose 2.5% as the company lifted its dividend after easily beating third-quarter profit forecasts. In the busiest day for European reporting season, telecom stocks took a beating as Finnish telecom network equipment maker Nokia NOKIA.HE slumped 17.2% after it cut its full-year profit forecast.
Trump, Biden to take campaign battle to critical battleground: Florida
FILE PHOTO: U.S. President Donald Trump speaks during a campaign rally at Phoenix Goodyear Airport in Goodyear, Arizona, U.S., October 28, 2020. REUTERS/Jonathan ErnstOpinion polls show Biden with a significant edge nationally, but his lead is tighter in battleground states. A Reuters/Ipsos poll released on Wednesday showed Trump had essentially moved into a tie with Biden in Florida, with 49% saying they would vote for Biden and 47% for the president. In the battleground state of Pennsylvania, the Philadelphia prosecutor issued a stark warning for Trump campaign poll-watchers not to overstep their bounds as they search for voter fraud. The Trump campaign has said it is recruiting an “army” of 50,000 volunteers to monitor polling places, an effort Democrats say could suppress the vote.
India passes bleak landmark of 8 million coronavirus infections
Slideshow ( 3 images )MUMBAI (Reuters) - India crossed a grim milestone of 8 million coronavirus cases on Thursday, with a daily rise of 49,881 infections, health ministry data showed. The world’s second most populous nation also has the second highest tally of infections after the United States, which has recorded 8.8 million. Cases in India have dipped sharply from September’s peak, but experts warn the current festival season could bring another spike. The death toll has been low relative to infections, with 517 new deaths in the last 24 hours carrying the total to 120,527, the ministry said.
Breakingviews - Corona Capital: Vaccines, Shell, China/cars, KFC
LONDON/ZURICH/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. LATEST- Vaccine boost- Shell surprise- VW in China- KFC’s mixed bucketSHOT IN THE ARM. Vaccine sales were up nearly 14% to more than 2 billion euros in the three months to September. British peer GSK reported a similar surge on Wednesday; sales of its flu vaccine business grew 21% in the third quarter. The bucket is only half full at Yum China.
TC Energy sees higher costs for Coastal Gaslink pipeline
(Reuters) - TC Energy Corp TRP.TO said it expects costs for its Coastal Gaslink pipeline in British Columbia to rise compared to the previously disclosed estimate due to increased scope, permit delays and COVID-19 impacts. The Coastal Gaslink pipeline, which will deliver natural gas from Montney to LNG Canada’s liquefaction facility under construction near Kitimat, British Columbia, has faced opposition from environmentalists. The construction of Coastal Gaslink was expected to cost over $6.6 billion, and once the pipeline was in operation, an additional $42 million was forecast to be spent each year. The project is targeted to be brought in service in the second half of 2022. TC Energy’s comparable earnings fell to C$893 million ($677.23 million), or 95 Canadian cents per share, in the third quarter ended Sept. 30, from C$970 million, or C$1.04 per share, a year earlier.
TSX futures rebounds from sharp selloffs in prior session
(Reuters) - Futures for Canada’s main stock index were set to join a global recovery on Thursday, a day after TSX posted its worst day in over four months over worries about surging coronavirus cases in Europe and the United States. FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris HelgrenDecember futures on the S&P/TSX index were up 0.57% at 7:00 a.m. ETThe Toronto Stock Exchange’s S&P/TSX composite index ended 2.71% lower at 15,586.57 on Wednesday. ET, while S&P 500 e-mini futures were up 0.59% and Nasdaq 100 e-mini futures were up 0.96%.
Japanese gymnast Uchimura tests positive for COVID-19 ahead of key meet
TOKYO (Reuters) - Japanese gymnast Kohei Uchimura has tested positive for COVID-19 ten days before he was due to take part in an international meet seen as a major test of Tokyo’s capacity to hold events ahead of next year’s Olympics, organisers announced on Thursday. Oct 2, 2017; Montreal, Quebec, CAN; Kohei Uchimura of Japan competes on the rings during the 47th FIG Artistic Gymnastics World Championships at Montreal Olympic Stadium. Eric Bolte-USA TODAY Sports/FilesThe meet is set to be the first international event to be held at a Tokyo Olympic venue since the Games were postponed in March due to the new coronavirus pandemic. He will be re-tested on Nov. 4 and 5 and could still take part if both tests are negative. In an interview with Reuters earlier this week, Watanabe said he hoped this meet would open the door towards holding a successful Olympics next year [L8N2HH0E2].
Britain pressed to follow French and German lockdowns as COVID rates surge
FILE PHOTO: People make their way amid the coronavirus disease (COVID-19) outbreak, in Nottingham, Britain, October 28, 2020. Steven Riley, the author of the study, said the government should decide quickly if it wanted to follow France and Germany. However Housing Minister Robert Jenrick said he did not think it was inevitable that the UK would follow France and Germany in imposing nationwide restrictions. German Chancellor Angela Merkel, who addressed parliament on Thursday, said her government had moved quickly to prevent intensive care facilities being overwhelmed. The United States has also seen a surge in new coronavirus cases in the run up to next week’s presidential election, with more than 80,000 new cases and 1,000 deaths reported on Wednesday.
Column: Coronavirus and the great workplace debate - John Kemp
Remote working has become a necessity for some and highly desirable for many others, accelerating a trend already in motion. POPULAR COMPROMISEBlended working, where employees split their time between working remotely and from a central office has emerged as a popular compromise for a post-pandemic workplace solution. Among these, employees and employers both have to maintain workspace, paying for space used only part of the time. The solution for employees is less obvious, since there are fewer options for multiple uses of dedicated workspace at home. But the need to continue travelling to a central location suggests the need to remain within easy commuting distance.
Moderna says preparing for launch of experimental coronavirus vaccine
A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder(Reuters) - Moderna Inc, one of the front-runners in the race to develop a vaccine for the new coronavirus, said on Thursday it was preparing to launch the experimental vaccine and had already received $1.1 billion in deposits for supply. The Cambridge, Massachusetts-based company has signed deals with the U.S. government and several other countries, and is in talks with a WHO-led group for supply of the vaccine, which is in large, late-stage human trials. Moderna, which has no approved products on the market yet, is one of the handful of companies in final trials for the vaccine, along with large drugmakers like Johnson & Johnson and Pfizer Inc.“I believe that if we launch our COVID-19 vaccine, 2021 could be the most important inflection year in Moderna’s history,” said Chief Executive Officer Stéphane Bancel. The company said it was in talks with the World Health Organization-backed COVAX facility on a tiered pricing proposal for its vaccine.
Elite sport to continue in France despite lockdown - minister
French Sports Minister Roxana Maracineanu leaves the Elysee Palace following the weekly cabinet meeting in Paris, France December 18, 2019. REUTERS/Benoit Tessier/FilesPARIS (Reuters) - Elite sport will continue in France despite a nationwide lockdown announced by President Emmanuel Macron on Wednesday, sports minister Roxana Maracineanu said. This is why I wanted to confirm to you that the continuity of the sport which is practised as a profession is today assured,” Maracineau told a parliament session overnight. France will go back into a nationwide lockdown starting this week to try to contain the pandemic, which is threatening to spiral out of control, Macron said in an address to the nation on Wednesday. And then we will be allowed to compete because travelling for professional reasons is allowed,” Maracineanu added.
Putin says Russian COVID-19 vaccines effective, eyes mass vaccinations
Russia's President Vladimir Putin speaks at a meeting of the Valdai Discussion Club via a video conference call at the Novo-Ogaryovo state residence outside Moscow, Russia October 22, 2020. Sputnik/Alexei Druzhinin/Kremlin via REUTERSMOSCOW (Reuters) - President Vladimir Putin said on Thursday that Russian COVID-19 experimental vaccines were effective and that Russia hoped to start mass vaccinations by the end of the year. Putin was speaking by video link to an investor forum in Russia.
Olympics: Japanese gymnast Uchimura test positive for COVID-19 ahead of key meet
Oct 2, 2017; Montreal, Quebec, CAN; Kohei Uchimura of Japan competes on the rings during the 47th FIG Artistic Gymnastics World Championships at Montreal Olympic Stadium. Eric Bolte-USA TODAY Sports/FilesTOKYO (Reuters) - Japanese gymnast Kohei Uchimura has tested positive for COVID-19 ten days before he was due to take part in an international meet seen as a major test of Tokyo’s capacity to hold events ahead of next year’s Olympics, organisers announced on Thursday. Organisers said it was unclear whether Uchimura, who is a three-time Olympic gold medallist, will be pulling out of the Nov. 8 meet that will also feature athletes from China, Russia and the United States.
China's premium car buyers drive VW back to profit
The logo of German carmaker Volkswagen is seen on car in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. “The coronavirus remains a central problem,” Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week.
Airbus to stop burning cash, defends higher output plan
FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. Chief Executive Guillaume Faury said Airbus had learned much about how to adapt during the seven-month-old crisis. But suppliers worry in case Airbus is unable to meet the new goal, leaving them with bills for investing in new capacity. Some analysts expect Airbus to cut wide-body rates again after halving A350 output to five a month. Faury said Airbus had reactivated planning for a worst-case no-deal Brexit, though he did not expect this to be needed.
White House advisers warn of 'unrelenting' COVID-19 spread in U.S. Midwest, West
WASHINGTON (Reuters) - The White House coronavirus task force is warning of a persistent and broad spread of COVID-19 in the western half of the United States and its members urged aggressive mitigation measures. We’re going in the wrong direction,” said Dr. Anthony Fauci, task force member and director of the National Institute of Allergy and Infectious Diseases. Fauci noted that coronavirus cases are rising in 47 states and patients are overwhelming hospitals across the country. “We continue to see unrelenting, broad community spread in the Midwest, Upper Midwest and West. The task force reports said the cooler weather is a major factor in the increase as friends and families move gatherings indoors.
Oil extends losses with 4% slump on renewed lockdowns
LONDON (Reuters) - Oil prices fell 4% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. “[We] believe it is increasingly unlikely that oil production will be stepped up from January,” Commerzbank said. Rising Libyan oil production is also weighing on sentiment. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slams Louisiana.
Maruti Suzuki, India's top carmaker, misses second-quarter profit estimates, flags demand uncertainty
Maruti, which sells every second car in the country, saw an 18.6% jump in domestic car sales to 370,619 units. But total expenses rose 7.8% as cost of materials stood at 88.62 billion rupees ($1.20 billion) and tax expenses spiked 76%. India’s biggest automaker by market capitalization reported a net profit of 13.72 billion rupees for the three months ended Sept. 30, missing estimates of 15.04 billion rupees, according to Refinitiv data. The company had posted a profit of 13.59 billion rupees for the second quarter last year. Revenue from operations rose more than 10% to 187.45 billion rupees.
'Do-or-die moment': Latino Biden supporters canvass in battleground states against Trump
Latino Democrats in battleground states have been hitting neighborhoods, trying to boost the digital work and phone banking they began when the pandemic hit. Miguel Martinez, 34, of San Antonio, helped ensure that Texas Organizing project canvassers were OK to go door to door to turn out Latino voters in the city for Joe Biden. Trump's Latino supporters extol his economic record before the coronavirus and his anti-abortion stand, and some support his immigration record. Hispanics are the second-largest voting group behind whites — with 32 million eligible voters — and Latino voters' turnout increased significantly in the 2018 midterms. One Trump supporter said Trump is "going to take all of you out of this country — you should go back to Mexico."
New York wedding and birthday party lead to 56 Covid cases, nearly 300 in quarantine
A wedding and birthday party in suburban New York turned into two Covid-19 “superspreader” events that infected more than 50 people and left nearly 300 in quarantine, officials said. Out of the 91 attendees, 30 people later tested positive, consisting of 27 guests, two employees, and an outside vendor, Bellone said. More than half of the guests, 26 people, tested positive for the coronavirus and 132 being forced to quarantine, he said. Six school districts in Suffolk County have already been affected by the positive cases and associated risk of exposure, officials added. More than three dozen people who tested positive were linked to the event, including 28 students and nine adults, officials said.
France, Germany on lockdown as Covid-stricken Europe braces for tough winter
LONDON — Surging coronavirus cases across Europe are triggering new national lockdowns as the continent again shows clear signs of becoming Covid-19's global epicenter. The spiraling situation prompted French President Emmanuel Macron to announce a new national lockdown until Dec. 1. "The virus is circulating at a speed that not even the most pessimistic forecasts had anticipated," he said in a televised speech. All bars and restaurants in Germany and France will now close — but unlike earlier lockdowns in spring, schools will remain open. Fabrizio Bensch / ReutersThe World Health Organization said the European region — including Russia, Turkey, Israel and Central Asia — accounted for almost half of the 2.8 million new coronavirus cases last week.
Gender gap among Latino voters seen in some families
Behind in national polls, the president is putting up a fight for Latino voters in key swing states with Democratic candidate Joe Biden. Latino men are a growing share of local law enforcement agencies and the U.S. military, he said, which all lean Republican. Hispanic voters in Florida lean more Republican than Hispanic voters nationally, largely driven by Cuban Americans and Venezuelan exiles in the state. Fifty-six percent of Cuban voters in Florida backed Republicans, while 56% of other Hispanic voters in the state backed Democrats. The gender gap tends to benefit Democrats as Hispanic women have voted in some recent elections at higher rates than men.
China’s leaders vow to become self-reliant technology power
China's leaders vowed Thursday, Oct. 29, 2020, to speed up its development as a self-reliant "technology power" amid a feud with Washington that is cutting access to U.S. components and hampering Beijing's industrial ambitions. China's leaders vowed Thursday, Oct. 29, 2020, to speed up its development as a self-reliant "technology power" amid a feud with Washington that is cutting access to U.S. components and hampering Beijing's industrial ambitions. (AP Photo/Mark Schiefelbein)BEIJING (AP) — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s industrial ambitions. ADVERTISEMENT“Science and technology should be self-reliant as a strategic support for national development,” said a party statement. It promised to “accelerate the building of a science and technology power” but gave no details.
Election 2020 Today: Wooing Florida, getting out the vote
Washington state is one of five states, along with Colorado, Hawaii, Oregon, and Utah, that conduct elections entirely by mail-in voting. (AP Photo/Elaine Thompson)Here’s what’s happening Thursday in Election 2020 , five days until Election Day:HOW TO VOTE: AP’s state-by-state interactive has details on how to vote in this election . TODAY’S TOP STORIES:WOOING FLORIDA: Trump and Biden will hold competing rallies hours apart in Tampa, Florida, a state all but essential to the Republican president’s pathway to reelection. ADVERTISEMENTGET OUT THE VOTE: In the best of times, it’s a massive logistical challenge to get millions of people out to vote. SUPREME COURT RULINGS: The Supreme Court will allow absentee ballots in North Carolina to be received and counted up to nine days after Election Day .
Germany Sees Generational Conflict Over Pandemic As Virus Spreads
Germany Sees Generational Conflict Over Pandemic As Virus SpreadsEnlarge this image toggle caption Michael Probst/AP Michael Probst/APGerman Chancellor Angela Merkel has announced a limited lockdown in a bid to stop the exponential growth in coronavirus cases, currently doubling every seven days. She also announced that businesses forced to close will receive subsidies from the government that will partially cover their losses. Graf, a 38-year-old architect, says she's not looking forward to the lockdown but says restricting bars' opening hours makes sense. In an attempt to close the generational divide, Merkel added that "going out and partying will still be there post Corona. Literally, though, it means 'I won't grow old' – and that's the scenario Merkel and Germany's state governors are trying to prevent.
Comcast Earnings, Revenue Fall Amid Weak NBCU Results But Top Expectations
Comcast stock rose as revenue also topped estimates, despite weak results at NBCUniversal amid the coronavirus pandemic. Analysts expected Comcast earnings of 50 cents a share on revenue of $24.73 billion for the period ended Sept. 30. Comcast Earnings: NBCUniversal Results WeakNBCUniversal revenue fell nearly 19% to $6.72 billion as theme park and movie studio sales plummeted, the company said. Comcast stock climbed 2.5% to near 43 before the market open on the stock market today. Heading into the Comcast earnings report, the cable TV firm had a Relative Strength Rating of only 55 out of a possible 99.
12 Winning Stocks Completely Shield You From The Market Sell-Off
S&P 500 stocks are crumbling right and left as fear heats up. But the S&P 500 has run into serious trouble after the Oct. 12 high. That's what makes S&P 500 stocks shielded from the sell-off worth paying attention to. Can these S&P 500 leaders maintain their shield as the market suffers? S&P 500 Companies Deflect Sell-OffStocks up 30% or more from Jan. 1 through Oct. 12, that are up from the October peakCompany Symbol % Gain YTD To Oct. 12 Ch.
Moderna Third-Quarter Earnings Show Soaring Revenue, R&D Costs
Early Thursday, Moderna (MRNA) reported skyrocketing revenue and steeply rising research and development costs for the third quarter as it strives to develop a Covid-19 vaccine, and MRNA stock rose in premarket trading. In Q3 2019, Moderna reported a loss of 37 cents a share on $17.1 million in revenue. It said it's received $1.2 billion in customer deposits for its Covid-19 vaccine candidate, up from $400 million three months ago. In premarket trading on the stock market today, MRNA stock rose more than 2.5% to 67.60. With its gains this year, MRNA stock sports a Relative Strength Rating of 97.
Dow Jones Futures Fall With Apple Earnings Due; Pinterest Skyrockets 34% On Earnings
Dow Jones futures and S&P 500 futures signaled modest losses, while Nasdaq 100 futures rallied early Thursday, following Wednesday's stock market sell-off. Dow Jones Futures Today: GDP DueEarly Thursday, Dow Jones futures fell 0.3% vs. fair value, while S&P 500 futures moved down less than 0.1%. Coronavirus Stock Market RallyAccording to IBD's The Big Picture, the coronavirus stock market rally is starting to falter amid heavy institutional selling. Dow Jones Leaders: MicrosoftAmong the top Dow Jones stocks, software giant Microsoft looked to rebound from Wednesday's 5% drop. Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones futures.
Shopify Earnings Top Views, Stock Rises As Beat Smaller Vs. June Quarter
Shopify stock rose on the news even as the size of its third quarter beat came in a bit smaller vs. the June quarter. Shopify stock rose 4.3% to near 1,071 before the market open on the stock market today. Heading into the earnings report, Shopify stock traded about 9% below an entry point of 1,130.10. Shopify Earnings: GMV Growth Tops EstimatesGross merchandise volume from merchant customers jumped 109% to $30.9 billion, vs. estimates of $27.46 billion. Ahead of the Shopify earnings report, the company had a Relative Strength Rating of 96 out of a possible 99, according to IBD Stock Checkup.
Idexx Laboratories Earnings Growth Soars With Stock In Buy Zone
Before Thursday's market open, Idexx Laboratories (IDXX) reported earnings of $1.75 per share on $721.79 million in sales for the third quarter. In response, Idexx stock rose modestly. XOn average, analysts polled by FactSet had projected Idexx earnings of $1.43 per share on $672.5 million in sales. Idexx stock rose 2.5% to 434 in premarket trading in the stock market today, after shares touched a record high of 444.97 on Tuesday. On Oct. 12, Idexx stock hit a buy point of 407.96 out of a flat base.
ALXN Stock: Alexion Pharmaceuticals Earnings Beat, Biotech Hikes 2020 Guidance, As Promised
Before Thursday's market open, Alexion Pharmaceuticals (ALXN) reported adjusted earnings of $3.24 per share on $1.59 billion in sales for the third quarter. In response, ALXN stock rose . Alexion stock rose 4.4% to 119.94 in premarket trading in the stock market today. Shares of ALXN stock have fallen out a buy zone since breaking out of a cup-with-handle base at a 120.91 buy point on Oct. 7. On Oct. 9, ALXN stock touched a 15-month high of 128.57.
Calix Stock Pops As Coronavirus Drives Push To End Rural Digital Divide
This year's rally in Calix stock owes much to closing the digital divide and bringing high-speed internet services to rural America amid the coronavirus pandemic. The company went public in 2010, but Calix stock had underperformed until Covid-19 came along. Analysts expect Calix stock to get a boost from RDOF spending in late 2021 or most likely 2022. Calix Stock: A Shift To Cloud Software ModelNew software offerings include "Calix Cloud," an analytics platform that leverages network data and subscriber behavioral data. One near-term worry among analysts following Calix stock is that the coronavirus-driven spending hike to bridge the digital divide could suddenly evaporate.
Spotify Beats Targets For New Subscribers In Q3, But Sales, Earnings Miss
Streaming music leader Spotify Technology (SPOT) added more subscribers than expected in the third quarter but came up short on sales and earnings. The Spotify earnings news pushed SPOT stock lower in early trading on Thursday. In the year-earlier quarter, Spotify earnings were 40 cents a share on sales of $1.93 billion. Spotify added 6 million new paying subscribers in the third quarter, ending the period with 144 million premium subscribers. On Wednesday, ahead of the Spotify earnings report, SPOT stock dropped 3.9% to 276.14.
Why COVID-19 whiplash won’t last and the S&P 500 will be 13% higher by June, from UBS
“We continue to see upside over the medium term, and target 3,700 on the S&P 500 by June 2021, around 13% higher than today’s levels,” Haefele and the team said, in a note to clients. Third-quarter U.S. gross domestic product probably surged 30%-plus, but won’t tell us much about what is going on now. Drugmaker Regeneron REGN, -2.65% said its experimental antibody cocktail “significantly reduced” COVID-19 levels and the need for more hospitalizations and emergency-room visits. Join Barron’s, MarketWatch, and special guests for a live discussion on how the 2020 election results will affect investors, business, and policy on Nov. 10 at 12 p.m. Random readsU.K. soccer star’s petition for free school meals for children from poor families during the holidays reaches 1 million signatures.
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.16% was down 1.6% at $3.355 per million British thermal units.
U.S. stock futures rise ahead of GDP data after worst day since June
Futures on the Dow Jones Industrial Average YM00, -0.38% rose 54 points, or 0.2%, to 26,463, while S&P 500 futures ES00, -0.10% were up 11.75 points, or 0.4%, at 3,275.25. The Dow DJIA, -3.43% on Wednesday dropped 943.24 points, or 3.4%, to close at 26,519.95 for its fourth straight loss. The Dow and S&P 500 saw their worst one-day percentage drop since June 11, while the Nasdaq suffered its biggest decline since Sept. 8. The S&P 500 and Nasdaq erased their October gains with Wednesday’s selloff, joining the Dow, which had turned lower for the month earlier in the week. Read: Why the Nasdaq, with its ‘work from home’ giants, saw its worst day in 7 weeksWhat’s driving the market?
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.08% was down 1.6% at $3.355 per million British thermal units.
Why COVID-19 whiplash won’t last and the S&P 500 will be 13% higher by June, from UBS
“We continue to see upside over the medium term, and target 3,700 on the S&P 500 by June 2021, around 13% higher than today’s levels,” Haefele and the team said, in a note to clients. Third-quarter U.S. gross domestic product probably surged 30%-plus, but won’t tell us much about what is going on now. Drugmaker Regeneron REGN, -2.65% said its experimental antibody cocktail “significantly reduced” COVID-19 levels and the need for more hospitalizations and emergency-room visits. Join Barron’s, MarketWatch, and special guests for a live discussion on how the 2020 election results will affect investors, business, and policy on Nov. 10 at 12 p.m. Random readsU.K. soccer star’s petition for free school meals for children from poor families during the holidays reaches 1 million signatures.
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.08% was down 1.6% at $3.355 per million British thermal units.
Shopify revenue nearly doubles as company benefits from e-commerce wave amid pandemic
Shopify Inc. delivered third-quarter results Thursday that crushed expectations as the company continued to benefit from an e-commerce surge during the COVID-19 crisis. The company, which runs a platform for merchants who want to set up online shops, posted third-quarter net income of $191.1 million, or $1.54 a share. On an adjusted basis, Shopify earned $1.13 a share, whereas it posted a 29-cent adjusted loss per share a year prior. Shopify’s revenue for the quarter nearly doubled to $767.4 million from $390.6 million, while analysts had been expecting $663.1 million. This buy-now-pay-later option has helped merchants “boost sales through increased cart size and higher conversion,” Shopify said in its release.
U.S. Treasury yields edge lower ahead of third-quarter economic scorecard
U.S. Treasury yields were down slightly in early Thursday’s trade as wait for GDP data showing a sharp rebound in economic activity during the third-quarter. The 10-year Treasury note yield TMUBMUSD10Y, 0.775% fell 0.7 basis point to 0.774%, while the 30-year bond yield TMUBMUSD30Y, 1.557% ticked 1.2 basis point lower to 1.559%. The 2-year note rate TMUBMUSD02Y, 0.144% was down 0.5 basis point to 0.145%. The first reading of the U.S.’s economic growth in the months between July and September is due at at 8:30 a.m. The economic data, however, may not offer much impetus for new trading as market participants wait for the presidential Nov. 3 election.
Comcast stock rises after earnings top expectations
Shares of Comcast Corp. headed higher in premarket trading Thursday after the media giant topped revenue expectations across all three of its business segments for the third quarter. Adjusted earnings per share fell to 65 cents from 79 cents, while analysts surveyed by FactSet had been modeling 52 cents. Comcast saw its revenue for the quarter decrease to $25.53 billion from $26.82 billion. Comcast posted 633,000 net additions for high-speed internet, while it saw a net loss of 273,000 total video subscribers. In cable, Comcast saw advertising revenue grow by 11.8% driven mainly by increased political advertising revenue.
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.08% was down 1.6% at $3.355 per million British thermal units.
U.S. stock futures rise ahead of GDP data after worst day since June
Futures on the Dow Jones Industrial Average YM00, -0.38% rose 54 points, or 0.2%, to 26,463, while S&P 500 futures ES00, -0.09% were up 11.75 points, or 0.4%, at 3,275.25. The Dow DJIA, -3.43% on Wednesday dropped 943.24 points, or 3.4%, to close at 26,519.95 for its fourth straight loss. The Dow and S&P 500 saw their worst one-day percentage drop since June 11, while the Nasdaq suffered its biggest decline since Sept. 8. The S&P 500 and Nasdaq erased their October gains with Wednesday’s selloff, joining the Dow, which had turned lower for the month earlier in the week. Read: Why the Nasdaq, with its ‘work from home’ giants, saw its worst day in 7 weeksWhat’s driving the market?
Apple, Amazon, Facebook, and Alphabet Report Earnings Today. Get Ready for Disappointment?
It’s an absolutely enormous day for earnings reports, as Apple, Amazon.com, Alphabet, and Facebook release their earnings following the close of trading. That’s down from the nearly 10.2 percentage point lead he had as recently as Oct. 12. And in a third tight race, Michigan, new polls show Biden with an 8 and 7 percentage point lead, respectively. And in a third tight race, Michigan, new polls show Biden with an 8 and 7 percentage point lead, respectively. In Wisconsin, an ABC News/Washington Post poll showed Biden with a whopping 17 percentage point lead, while a Marquette University poll showed Biden with a 5 percentage point lead.
Global Stocks Stabilize After Pounding Over Europe’s Second Lockdown
U.S. stock-index futures are sagging again as investors await earnings from some of the biggest technology companies and digest news of tighter restrictions in Europe’s largest economies. Futures on the Dow Jones Industrial Average were down 46 points, or 0.2%, after the index slid 943 points on Wednesday. The Nikkei 225 slipped 0.4% in Tokyo, the Hang Seng lost 0.5%, and the S&P/ASX 100 dropped 1.6% in Sydney. Germany and France separately introduced new one-month restrictions to counter a wave of coronavirus cases in Europe. Royal Dutch Shell rose in London, as the oil major’s third-quarter earnings came in well ahead of estimates.
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.08% was down 1.6% at $3.355 per million British thermal units.
Biden pledge: No ‘false promises’ about the coronavirus pandemic
“Even if I win, it’s going to take a lot of hard work to end this pandemic,” Biden said during a speech in Wilmington, Del. A Trump Nevada rally in September attracted thousands and led to the airport that hosted it being fined more than $5,500 for violating pandemic crowd restrictions. With less than a week until Election Day, Trump is trailing Biden in most national polls. Trump views Nevada, a state that hasn’t backed a Republican for president since 2004, as one option for success. Trump’s team argues that enough of its supporters will vote on Election Day to overwhelm any Biden advantage.
U.S. stock futures rise ahead of GDP data after worst day since June
Futures on the Dow Jones Industrial Average YM00, -0.39% rose 54 points, or 0.2%, to 26,463, while S&P 500 futures ES00, -0.10% were up 11.75 points, or 0.4%, at 3,275.25. The Dow DJIA, -3.43% on Wednesday dropped 943.24 points, or 3.4%, to close at 26,519.95 for its fourth straight loss. The Dow and S&P 500 saw their worst one-day percentage drop since June 11, while the Nasdaq suffered its biggest decline since Sept. 8. The S&P 500 and Nasdaq erased their October gains with Wednesday’s selloff, joining the Dow, which had turned lower for the month earlier in the week. Read: Why the Nasdaq, with its ‘work from home’ giants, saw its worst day in 7 weeksWhat’s driving the market?
Moderna's stock is up as it says it is 'actively preparing' for launch of COVID-19 vaccine
Shares of Moderna Inc. MRNA, -6.97% were up 2.9% in premarket trading on Thursday after the company again reminded investors that the Phase 3 clinical trial for its COVID-19 vaccine candidate is fully enrolled as part of its third-quarter earnings announcement. It also said it is "actively preparing for the launch" of its COVID-19 vaccine. Moderna is a preclinical company, meaning it does not yet have an authorized or approved product available on the market. Moderna said it plans to conduct two interim analyses for the late-stage trial of the vaccine. Moderna's stock has gained 236.1% so far this year, while the S&P 500 SPX, -3.52% is up 1.2%.
Royal Caribbean's stock bounces slightly while swinging to wider-than-expected loss
The company reported a net loss of $1.35 billion, or $6.29 a share, after net income of $883.2 million, or $4.20 a share, in the year-ago period. Excluding non-recurring items, the company swung to an adjusted loss per share of $5.62 from EPS of $4.27, missing the FactSet loss consensus of $5.12. Total revenue was negative $33.7 million after positive $3.19 billion, as onboard and other revenue swung to negative $36.9 million from positive $842.1 million. Royal continues to estimate monthly cash burn of $250 million to $290 million during a prolonged suspension of operations. The stock has tumbled 60.2% year to date through Wednesday, while the S&P 500 SPX, -3.52% has gained 1.3%.
France and Germany order lockdowns — but is France too late and facing another economic shock?
German Chancellor Angela Merkel said that the lack of action could cause “an acute national health emergency” without prompt action. Both countries avoided a return to the strictest measures of the first lockdown earlier this year. Macron said the aim of the new restrictions is to take the number of daily new infections in France to around 5,000. The outlook: France is one of Europe’s worst-hit countries by the coronavirus pandemic, and Germany the country that best dealt with it. Read: Second COVID wave brings the European economic recovery to an end
Why COVID-19 whiplash won’t last and the S&P 500 will be 13% higher by June, from UBS
“We continue to see upside over the medium term, and target 3,700 on the S&P 500 by June 2021, around 13% higher than today’s levels,” Haefele and the team said, in a note to clients. Third-quarter U.S. gross domestic product probably surged 30%-plus, but won’t tell us much about what is going on now. Drugmaker Regeneron REGN, -2.65% said its experimental antibody cocktail “significantly reduced” COVID-19 levels and the need for more hospitalizations and emergency-room visits. Join Barron’s, MarketWatch, and special guests for a live discussion on how the 2020 election results will affect investors, business, and policy on Nov. 10 at 12 p.m. Random readsU.K. soccer star’s petition for free school meals for children from poor families during the holidays reaches 1 million signatures.
Oil prices extend selloff as rising coronavirus cases underline demand fears
Oil futures fell sharply on Thursday, extending this week’s slide as rising COVID-19 cases sparked tighter restrictions on activity in Europe and underlined worries about the outlook for the U.S. and global economic recovery. Oil fell sharply Thursday as France and Germany imposed tighter restrictions in response to the rising number of COVID-19 cases. Oil traders looked past the production disruptions caused by Hurricane Zeta, which made landfall in Louisiana Wednesday as a Category 2 storm. The Bureau of Safety and Environmental Enforcement on Wednesday night estimated that two-thirds of oil production in the Gulf of Mexico had been shut-in by the storm, along with around 44.5% of natural gas production. January natural gas NGF21, -2.05% was down 1.6% at $3.355 per million British thermal units.
Apple, Amazon, Facebook, and Alphabet Report Earnings Today. Get Ready for Disappointment?
Text sizeIt’s an absolutely enormous day for earnings reports, as Apple, Amazon.com, Alphabet, and Facebook release their earnings following the close of trading. As for Apple, Amazon, Facebook, and Alphabet, expect earnings to be fine. That’s down from the nearly 10.2 percentage point lead he had as recently as Oct. 12. And in a third tight race, Michigan, new polls show Biden with an 8 and 7 percentage point lead, respectively. In Wisconsin, an ABC News/Washington Post poll showed Biden with a whopping 17 percentage point lead, while a Marquette University poll showed Biden with a 5 percentage point lead.
U.S. Treasury yields edge lower ahead of third-quarter economic scorecard
U.S. Treasury yields were down slightly in early Thursday’s trade as wait for GDP data showing a sharp rebound in economic activity during the third-quarter. The 10-year Treasury note yield TMUBMUSD10Y, 0.775% fell 0.7 basis point to 0.774%, while the 30-year bond yield TMUBMUSD30Y, 1.557% ticked 1.2 basis point lower to 1.559%. The 2-year note rate TMUBMUSD02Y, 0.148% was down 0.5 basis point to 0.145%. The first reading of the U.S.’s economic growth in the months between July and September is due at at 8:30 a.m. The economic data, however, may not offer much impetus for new trading as market participants wait for the presidential Nov. 3 election.
Royal Dutch Shell Surprises With Dividend Hike After Earnings Beat. The Stock Is Rising.
Text sizeRoyal Dutch Shell stock climbed on Thursday, as the oil major surprised investors with a dividend hike after beating expectations in the third quarter. Shell slashed its dividend in April—from $0.47 per share to $0.16—for the first time since World War II, as coronavirus lockdowns caused a global collapse in oil demand. After a stronger-than-expected third quarter, the company said it has decided to increase its dividend by around 4% to 16.65 U.S. cents. Shell reported an $18.1 billion second-quarter loss as it lowered long-term oil price forecasts, reflecting weaker energy demand. That is a fairly big ‘if’ at this stage, and oil prices and demand are likely to remain low for now.
Twitter Reports Earnings Thursday. Here’s What To Expect.
Unlike several of its rivals, such as Facebook (FB), Pinterest (PINS), and Snap (SNAP), Twitter revenue hasn’t proven as resilient, shrinking 19% during the second quarter, and is expected by sell-side analysts to shrink again by 6.2% in the third quarter. Estimates have become more bullish in the past four weeks: the consensus for adjusted earnings rose by 4.5%, and revenue models advanced 1.1%. Wall Street expects adjusted earnings of 5 cents a share, on revenue of $778.2 million, which suggests sales will fall 5.5% compared with a year ago. Analysts expect Twitter’s daily user count to hit 195 million for the quarter, compared with 145 million in the year-ago period. Executives from Alphabet, Facebook, and Twitter are set to testify before the U.S. Senate Committee on Commerce, Science, and Transportation Wednesday.
Amazon Reports Earnings Today. Here’s What to Expect.
Amazon (ticker: AMZN) projected third-quarter revenue of $87 billion to $93 billion, with operating income of $2 billion to $5 billion. While Amazon shares have rallied 76% year to date, the Street sees more gains ahead. Deutsche Bank analyst Lloyd Walmsley on Tuesday repeated his Buy rating on Amazon shares, while boosting his target price to $4,050 from $4,000. Susquehanna Investment Group analyst Shyam Patil repeats his Positive rating and $4,000 price target on Amazon shares. Amazon shares were up 1.3%, at $3,249.05, in recent trading.
Spotify is adding users faster than it thought it would
The service now counts 320 million active and 144 million paid users, up from 299 million and 138 million last quarter, beating its own estimates. The company chalked that up to more users listening in both their cars and homes, even above its pre-pandemic peak. However, it still lost €101 million ($118 million), where last year at the same time it actually made a €241 million ($282 million) profit. That’s because it’s been discounting family plans in some regions to attract new users, which significantly lowered the revenue per user. At the same time, Spotify said it would increase prices in certain regions where it’s well positioned against the competition.
Global Stocks Are Sliding Again After Wednesday’s Plunge
Futures on the Dow Jones Industrial Average were down 46 points, or 0.2%, after the index slid 943 points on Wednesday. The Nikkei 225 slipped 0.4% in Tokyo, the Hang Seng lost 0.5%, and the S&P/ASX 100 dropped 1.6% in Sydney. Germany and France separately introduced new one-month restrictions to counter a wave of coronavirus cases in Europe. A wave of corporate earnings are due on Thursday, with tech giants Alphabet, Amazon, Apple, and Facebook each reporting after the close of trade. Royal Dutch Shell rose in London, as the oil major’s third-quarter earnings came in well ahead of estimates.
GetYourGuide closes $133M convertible note as travel startups continue to weather the Covid-19 storm
The funding is being led by Searchlight Capital, with SoftBank Vision Fund, KKR, Battery Ventures, Highland Europe, Spark Capital, Lakestar, Heartcore Capital, NGP Capital, and the founding team all also investing. The company tells me that the convertible note will convert into equity when it next raises a round, with the investors getting a stake in the company at that point based on its valuation in that round. That round is not anticipated to be for another 12-18 months, which could be why some might think of a convertible note as a loan (and strictly speaking they are called ). Johannes Reck, the co-founder and CEO of GetYourGuide, described the situation back in March as a "nuclear winter" to us. Eric Zinterhofer at Searchlight Capital is a first-time backer of the company with this funding.
Alphabet Reports Earnings Today. Here’s What to Know.
Text sizeDays after the Justice Department launched a landmark antitrust civil action against Alphabet, the company is set to report its third-quarter earnings Thursday after the close. Citi Research analyst Jason Bazinet wrote in a note to clients last week that the Justice Department suit casts a wide net and claims all of Alphabet’s search agreements are illegal. According to multiple reports, the payments to Apple totaled about $1 billion in 2014, and have evidently risen steadily since. In accounting parlance, the Apple payments are considered traffic acquisition costs, or TAC, which analysts watch closely. Of the analysts that cover Alphabet, 39 analysts rate the stock a Buy, and four have a Hold.
Is herd immunity even possible? New public health data calls that into doubt
Now, a new study reveals that there are biological barriers that may make it very difficult to achieve for human beings to develop herd immunity against the novel coronavirus. This study has ominous implications for those who believe the pandemic can be brought to heel through herd immunity. Herd immunity — as Dr. Justin Lessler, an associate professor of epidemiology at Johns Hopkins Bloomberg School of Public Health, told Salon last week — "is the indirect protection we get because people around us are immune to the disease. If people are not producing more antibodies to fight COVID-19 after being infected, the possibility of herd immunity drops significantly. We may achieve it with 50 percent, but the bottom line is we'd run the risk of not getting herd immunity with the vaccine."
Trump’s COVID Advisers: He’s Now Pushing Herd Immunity
Kayleigh McEnany, the White House press secretary, told reporters in September that "herd immunity has never been a strategy" fostered by the Trump administration. Everything he says points to the fact that he believes herd immunity is a good option. “They know that term [herd immunity] is toxic, but that's exactly what they're recommending. Herd immunity as a theory “basically gave him permission to reopen the country even if we hadn’t flattened the curve,” one official said. The Washington Post first reported in August that Atlas was urging the White House to foster the herd immunity idea.
Officials in Trump's administration say, despite public denial, the president is actually pushing for a herd immunity strategy for COVID-19
GettyThe White House is reportedly still pushing for a herd immunity police to address the COVID-19 pandemic, despite the denials, The Daily Beast reported. Public health officials have repeatedly said the approach would cost thousands of unnecessary infections and deaths. Herd immunity is when a population has enough people who are immune to a virus it slows the spread of transmission. Public health officials have repeatedly said that a herd immunity approach would be dangerous and potentially catastrophic. Herd immunity is when a population has enough people who are immune to a virus that it slows the rate of transmission.
Judge: US can't replace Trump in accuser's defamation suit
The government’s lawyers contended that the United States could step in as the defendant because Trump was forced to respond to her lawsuit to prove he was physically and mentally fit for the job. A lawyer for Carroll, Roberta Kaplan, called it a clear victory for her client. Messages were left on Tuesday for lawyers for Trump and the Justice Department seeking comment. “The President of the United States is not an employee of the Government within the meaning of the relevant statutes,” Kaplan wrote. “Even if he were such an employee, President Trumps allegedly defamatory statements concerning Ms. Carroll would not have been within the scope of his employment."
UK Brexit negotiators arrive in Brussels under shadow of coronavirus lockdown
Michel Barnier in London last week for the trade negotiations which are now switching to Brussels. - APBritish Brexit negotiators arrived in Brussels under the threat of lockdown on Thursday for trade negotiations in one of the EU countries hardest hit by the second wave of coronavirus. Belgium is expected to announce that it will follow France and Germany back into lockdown on Friday. UK-EU Trade talks resume on Friday in Brussels and will continue through the weekend as both sides race to agree a trade deal before mid-November and avoid a damaging no deal Brexit. Face to face negotiations eventually resumed in both London and Brussels with strict hygiene and social distancing measures in place.
Stock market news live updates: Stock futures recover some losses after selloff
Stock futures looked to recover some losses Thursday morning after the three major indices endured a deep rout a day earlier. The biggest sales jump came in the U.S. – the company’s largest market by far – where net sales increased by 7.4%. Kraft Heinz also raised its full-year outlook and sees mid-single-digit 2020 organic net sales growth and high-single digit 2020 adjusted EBITDA growth. ET Thursday: Stock futures hold onto overnight gainsHere were the main moves in markets, as of 7:23 a.m. ET Wednesday: Stock futures open higher, steadying after selloffHere were the main moves in markets, as of 6:05 p.m.
Jim Cramer's Bullish Themes Of 'Covid-Proof' Stocks
Buying and selling on big decline days should not be emotionally-driven, CNBC "Mad Money" host Jim Cramer said Wednesday. "If you're worried stocks will keep getting hammered, be ready to pounce on some of these Covid-proof bull markets," Cramer said. Cramer likes Procter & Gamble Co (NYSE: PG), Clorox Co (NYSE: CLX), and L Brands Inc (NYSE: LB). Cramer likes Masco Corp (NYSE: MAS), Home Depot Inc (NYSE: HD), Lowe's Companies Inc (NYSE: LOW), and Walmart Inc (NYSE: WMT). Cramer likes Ford Motor Company (NYSE: F), Tesla Inc (NASDAQ: TSLA), and Lithia Motors Inc (NYSE: LAD).
Jobless claims: Nearly 800,000 workers expected to seek new benefits as COVID-19 surges
The ranks of America’s jobless workers are expected to swell yet again, with new data forecasting nearly 800,000 workers filing for new unemployment benefits in the latest week, as the U.S. grapples with a surge in coronavirus cases that’s rattling investors and jeopardizing an economic rebound. The U.S. Department of Labor will release its weekly unemployment insurance claims report at 8:30 a.m. Here were the main metrics from the report, compared to Bloomberg estimates:Initial jobless claims, week ended Oct. 24: 770,00 expected, compared to the prior week’s 787,000Continuing jobless claims, week ended Oct. 17: 7.775 million expected, compared to the previous week’s 8.373 millionThursday’s data represented the ninth continuous week that jobless claims have remained below 1 million, a key bulwark that’s characterized the COVID-19 labor market. And in an encouraging sign, continuing claims have remained below 10 million. In the U.S. Wall Street has been rocked by a record number of daily cases, which has supplanted optimism about the rapid development of a COVID-19 vaccine.
FOREX-Dollar extends gains, commodity currencies slump, euro falls ahead of ECB meeting
But even as equity markets recovered, currency markets showed signs of investor caution. Against the yen, the euro fell to new three-month lows, down 0.5% on the day at 122 yen at 1150 GMT. The Norwegian crown hit one-month lows versus both the dollar and euro . The Russian rouble also came under pressure, touching its lowest versus the euro since early 2016 . The onshore yuan has appreciated 7% against the dollar since the depths it hit in May.
Knife attack at French church leaves 3 dead, alert level raised to maximum
An investigation was opened into an attack by the French anti-terrorism prosecutor’s office, reports said. Prime Minister Jean Castex said the country's threat level will be raised to its maximum after the attack. He also told the French National Assembly that the government's response to the attack would be firm and implacable. In September, a man who had sought asylum in France attacked bystanders outside Charlie Hebdo's former offices with a butcher knife. The prime minister rushed from the hall to a crisis center overseeing the aftermath of the Nice attack.
Top retirement planning tips everyone can follow to save more money, even in a pandemic
At a time when our country’s workforce is more mobile than ever before, workers need to keep track of multiple 401(k) savings accounts. According to a study conducted by Boston College’s Center for Retirement Research, premature withdrawals reduce your total 401(k) savings by 25% on average. Your plan should allow it—according to the Plan Sponsor Council of America’s 61st annual survey of retirement plans, 95.6% of 401(k) plans accept rollovers from other 401(k) plans. You don’t have to be a mathematician to figure out what could happen to retirement savings rolled into safe-harbor IRAs. This is why, if at all possible, retirement-savers should avoid tapping their 401(k) savings as a source of short-term liquidity.
The Best Places to Live in the U.S. in 2020
Many Americans are rethinking work, education, finances, family and where they live. To compile their annual list of the best places to live in America, Livability.com ranked more than 1,000 cities with populations between 20,000 and one million using data from GIS company Esri. The main themes were affordability, job opportunities, diversity and inclusion. Based on Livability’s ranking, here are 30 of the best places to live in America. TheStreet added typical home prices for each city, based on Zillow’s (Z) - Get Report Home Value Index through Sept. 2020.
Shopify Earnings Blow Past Forecasts as e-Commerce Demand Surges
Shopify posts third-quarter earnings that blow past analysts' forecasts as the pandemic and surge in online shopping drives demand for its software and services. Shopify (SHOP) - Get Report posted third-quarter earnings and sales that blew past analysts' forecasts as the coronavirus pandemic and surge in online shopping drove demand for the company's e-commerce software platform and services. Revenue was $767.4 million in the quarter, up 96% from a year ago and well above analysts' forecasts of $657.8 million. “The accelerated shift to digital commerce triggered by Covid-19 is continuing, as more consumers shop online and entrepreneurs step up to meet demand,” Shopify CEO Harley Finkelstein said in a statement. Subscription solutions revenue jumped 48% to $245.3 million, primarily due to more merchants joining the platform, Shopify said.
Moderna Posts Wider-Than-Expected Loss but Jump in Revenue
Moderna posts a wider-than-expected quarterly loss but sales almost double forecasts thanks to government deals to distribute its vaccine when ready and approved. The Cambridge, Mass.-based company posted a net loss of $233.6 million, or 59 cents a share, vs. a loss of $123.2 million, or 37 cents a share, in the comparable year-earlier period. Sales, however, totaled $157.9 million, up from just $17 million a year ago and well above analysts' forecasts of $80.6 million. Total operating expenses rose to $393 million from $147.8 million, Moderna said. Separately, Moderna on Thursday said it has cut a deal with Takeda and the government of Japan to supply 50 million doses of its mRNA-1273 Covid-19 vaccine candidate to Japan.
Earnings News Will Provide a Respite From Covid and Election Uncertainty
The thing that has made trading more difficult is that the Covid news is hitting at the same time that the market is dealing with the uncertainty of next week's election. The big issue right now is how well stocks will hold up as we wait for the election uncertainty to resolve and watch Covid cases continue to rise. Will they be able to resume some upside momentum on good reports or will the election and Covid uncertainty trigger a reduction in risk exposure? It is largely a waiting game right now as we won't have any better clarity about the election or Covid until at least next week. This is not a market that is overheated and there are some good values as long as Covid worries don't crush economic expectations.
Is the COVID-19 risk on airplanes really that low? Here’s what experts say
With the demand for air travel still in a slump, the airline industry is promoting studies that suggest the risk of contracting the coronavirus while flying is low. Although healthcare experts say the air filtration system in most commercial planes helps reduce the risk of being infected, they point out that the studies have limitations and the results are not all definitive. The most prominent study was conducted and sponsored by United Airlines, airplane manufacturer Boeing and the U.S. Department of Defense. Infectious-disease and healthcare experts say the study correctly concludes that the infection risk is lower on a plane than in places such as stores and restaurants. The Harvard study concluded that to further reduce the risk of onboard infections, airlines should continue to operate the air ventilation system while passengers are boarding and leaving the plane.
The Sports Report: MLB says Justin Turner ignored the rules
Newsletter Go beyond the scoreboard Get the latest on L.A.'s teams in the daily Sports Report newsletter. The league stated that officials received word of Turner’s positive test during the game, which prompted them to order the Dodgers to remove Turner. The team was informed during the seventh inning and Turner was officially replaced at third base in the eighth. Turner wasn’t on the field for the Dodgers’ trophy presentation but later emerged to celebrate with the team. When MLB Security raised the matter of being on the field with Turner, he emphatically refused to comply.
COVID-19 devastated California’s small businesses. Here are three that didn’t survive
The Awesome Playground was in the first wave of Los Angeles businesses to close as a result of the pandemic, shutting its doors in March. Owner Kay Osorio opened the Awesome Playground in Highland Park 10 years ago, after becoming a mother and looking for a way to balance her personal and professional lives. The Awesome Playground “was never super profitable,” she said. She says she’ll miss Awesome Playground clientele. “I feel like Awesome Playground was a big giant second home to people.”
Today's Headlines: Not turning the corner
Enter Email Address Sign Me Up You may occasionally receive promotional content from the Los Angeles Times. — A new UC Berkeley poll finds fears of election violence are widespread, with nearly 9 in 10 likely California voters worried others wouldn’t accept the outcome. Out of nearly 80 homicides in Central Los Angeles through the end of last month, more than half were suspected of being gang-related, and more than 30 involved victims who were experiencing homelessness, according to the Los Angeles Police Department. (Boris Yaro / Los Angeles Times Archive / UCLA)Want more of the Los Angeles Times archives? Support our journalism Subscribe to the Los Angeles Times.
L.A.'s surge in homicides fueled by gang violence, killings of homeless people
While the LAPD’s identification of individual gang members has not always been reliable, the involvement of gangs in street violence is not in question. Beyond the gang violence in Central and South L.A., a dozen killings each in the Valley and West bureaus are suspected of being gang-related. AdvertisementPolice say gang gunfire has struck down suspected gang members but also innocent bystanders, including children and elderly residents. Homeless individuals are particularly susceptible to street violence, and L.A. has more than 35,000 people estimated to be living on the street. In the South Bureau, one killing involved a homeless suspect, one involved two homeless victims and another involved a suspect and victim who both were homeless, according to the data.
As COVID-19 ravages Wisconsin’s small towns, hostility toward Trump intensifies
The pandemic is rampaging through the small towns of this battleground state just as the presidential campaign draws to a close, a sign of trouble for President Trump. AdvertisementDoris Deutsch, at home in Trempealeau, Wis., recovered from a two-week bout of COVID-19 in September. Bill Schaffner, a construction contractor, keeps a life-size cardboard cutout of President Trump on his front porch in Trempealeau, Wis. (Michael Finnegan / Los Angeles Times)Trempealeau County is overwhelmingly white. AdvertisementA Confederate flag waves above the entrance to Uncle Sam’s bar in Arcadia, Wis. (Michael Finnegan / Los Angeles Times)Next door is a taqueria. AdvertisementPhillip Bunton bolted his “Never TrumPutin” sign to a tree in front of his family’s house in Trempealeau, Wis. An earlier version was stolen off the lawn.
In a garden steeped in Milwaukee’s racist past, Black residents find a salve for weary spirits
Alice’s Garden feels like a salve for a weary spirit. (Tyrone Beason / Los Angeles Times)“You’ve got people coming in peace,” Courtney, 74, said. (Tyrone Beason / Los Angeles Times) 2 / 3 Blue corn from Alice’s Garden dries in the sun on a picnic table. (Tyrone Beason / Los Angeles Times)There are other painful connections to America’s racist past. AdvertisementA painting in Alice’s Garden show’s the defiance of Milwaukee’s historically Black community, which has endured segregation, poverty and joblessness.
Introducing the Latinx Files, a newsletter dedicated to the American Latinx experience
You’ve probably seen the numbers: Nearly half of Los Angeles County, nearly 40% of California and nearly a fifth of the United States is Latino. Newsletter The Latinx experience chronicled Get the Latinx Files newsletter for stories that capture the multitudes within our communities. Enter Email Address Sign Me Up You may occasionally receive promotional content from the Los Angeles Times. And while the newsletter will definitely have a Los Angeles flavor to it, we’ll hit on the topics that matter to the wider Latino community. The Latinx Files will be as much about its readers as it is about the journalism it showcases every week, and we want your input on how to make it better.
Amid all the tumult, high school teacher has found students to be saving grace
I have the privilege of teaching at Joseph Case High School in Swansea, and I have enjoyed every day there. The tumult induced by the coronavirus pandemic in March was difficult, but this year’s experience of the so-called hybrid format is even more so. We are exhausted amid this maelstrom of change precisely because everything is different. None of our established routines are useful this year. Despite this, we continue to prepare for MCAS testing, school recertification, and teacher evaluations.
Agency says Big Bear Hotshots crew boss fighting El Dorado fire died when flames burned over him
The Big Bear Hotshots crew boss who died fighting the El Dorado fire in the San Bernardino Mountains was killed when flames overwhelmed him, the U.S. Forest Service said. Related Articles Map: 31 people killed in California wildfires, 2020 season Charles Edward Morton, 39, a firefighter for 18 years, died near Angelus Oaks. Imani Lester, a Forest Service spokeswoman in Washington, D.C., said in a phone interview on Wednesday, Oct. 28, that no additional information was available. Also Wednesday, the Sheriff’s Department said that missing Big Bear Hotshots crew member Carlos Baltazar has not been located. No one has had contact with him,” sheriff’s spokeswoman Jodi Miller said in an email.
Video of couple threatening to sue California yogurt shop over mask rule lights up Twitter
Mariana Tabla, a co-owner in the business on Vía Fabricante, tells them about the store’s policy in the video. Mission Viejo, CA: These two fake lawyers went to Frapys Frozen Yogurt and tried to intimidate a young attendant who politely asked them to wear a mask. “You’re discriminating, and you’re breaking the law, and you can personally be sued, you realize that?” the woman asks. When I asked them about the face mask, they jumped on me.”The entire incident lasted only a few seconds. Tabla said the couple had been customers before, but they had not been to the yogurt shop since pandemic-related restrictions began in March.
Fact check: Trump falsely claims California requires people to wear ‘special’ and ‘complex’ mask at all times
President Donald Trump has repeatedly mocked former Vice President Joe Biden and others for wearing masks. At a campaign rally in Arizona on Wednesday — at which there was no social distancing and most attendees did not wear masks — Trump started mocking what he claimed are the mask requirements in California. …’ ”Moments later, Trump joked that a meal of spaghetti and meat sauce would mess up a mask someone was forced to wear while eating. But the President sounded serious enough when he made his other assertions about California’s mask rules that his claims are worth fact-checking. Californians are not required to wear “complex” or “special” masks; basic face coverings, even homemade ones, are acceptable there.
MLB will investigate Justin Turner for returning to field; Dodgers cleared to travel
Pulled from the game in the final innings of the World Series when a positive coronavirus test was confirmed, Turner nonetheless returned to the field for the post-game celebration. The traveling parties for the Dodgers and Tampa Bay Rays were tested following Game 6 on Tuesday night and again Wednesday morning. Turner and his wife, Kourtney, were reportedly the only members of the Dodgers’ traveling party not on the flight back to Los Angeles. Dodgers president of baseball operations Andrew Friedman said he was unaware of Turner’s positive test until the seventh inning of World Series Game 6 and Turner was immediately removed from the game. However, Turner returned to the field for the post-game celebration and could be seen mingling with his teammates, hugging many and posing for photos with the World Series trophy and the entire team.
Dr. Scott Atlas push to ‘slow the testing down’ tracks with dramatic decline in one key state
Ron DeSantis and several others in Florida, according to transcripts of public events and accounts from private meetings in that state. “The purpose of testing is to stop people from dying,” Atlas said during one stop, captured on video. A White House spokesman claimed Atlas had never advocated reducing testing, despite the doctor’s public statements to the contrary. “We respect Dr. Atlas. Following Trump’s demands in July that schools across the country reopen, the governor became a vocal proponent of returning Florida schools to normal operations.
8 Colorado high school football games to watch in Week 4
Second, can they slow down five-star tailback Gavin Sawchuk, who already has 621 yards of offense and nine TDs? Legacy (3-0) vs. No. 7 Montrose (3-0) vs. No. 9 Fountain-Fort Carson (3-0) vs. No. 7 Green Mountain (3-0) vs. No.
UFC on ESPN+ 39: Uriah Hall vs. Anderson Silva odds, picks and prediction
Joe WilliamsSportsbook WireIn a middleweight bout in the main event, Uriah Hall and Anderson Silva meet at UFC on ESPN+ 39 Saturday at the UFC's APEX facility in Las Vegas. Hall (16-9) steps into the octagon two inches shorter than his 45-year-old counterpart Silva (34-10), who will be fighting in his final bout. Uriah Hall vs. Anderson Silva betting oddsOdds via BetMGM; access USA TODAY Sports' betting odds for a full list. Bet on HALL IN ROUND 3 (+1000) and HALL IN ROUND 4 (+1400), as well as HALL IN ROUND 5 (+2200), to win. ALSO SEE:Get some action on UFC on ESPN+ 39 by placing a legal sports bet at BetMGM.
Effort to brand Colorado as the country’s “Aerospace Alley” is formally taking flight
The initiative’s goal is to build on Colorado’s position as an aerospace leader and to recruit ambassadors and industry officials to support the demand for talent in the state, Barry said. There are nearly 280 aerospace businesses in Colorado and more than 500 companies and suppliers providing space-related products and services. Metro Denver’s report says 57,830 private and military workers in Colorado support an additional 140,390 workers in all industries, bringing direct and indirect jobs supported by the aerospace sector to 198,220. “Our robust and dynamic aerospace ecosystem deserves an identity to protect it and nurture it,” Colorado Lt. Gov. Primavera, chair of the Colorado Space Coalition, said the launch of the effort to brand Colorado as America’s Aerospace Alley “will ensure that Colorado continues to lead, to innovate, and to grow in the crucial aerospace industry.”Speakers for Thursday’s event will include Gene Kranz, NASA flight director on Apollo 11, the first lunar landing mission, and Apollo 13.
As the crush of COVID cases continues, Wisconsin is on track to run short of ICU beds in two to six weeks
Thus, 200 of them could require ICU care in coming weeks. “We are in pretty hot water right now in Wisconsin.”UW Health, Marshfield Clinic and other health systems can add ICU beds. The biggest challenge is the people.”ICUs are staffed by critical care nurses who have additional training. And it has contingency plans to add ICU beds if needed. “You can’t put off those other things now,” said Nelson, the chief nursing officer for Hospital Sisters Health System’s hospitals in Green Bay.
Coronavirus fallout: Some who struggled early in crisis are on brink, others find hope
A couple can’t pay their bills after the $600 unemployment bonus ran out. But Antoine hopes her unemployment benefits and food stamps start flowing again before her bills are due at the end of the month. Fernandez used a portion of her $1,200 stimulus check to pay bills and shore up savings. It took months for the couple to receive unemployment benefits, but the aid, including the extra $600 a week, briefly helped cover their expenses. She started work in early August, just after the $600 unemployment bonus ended.
Zeta barrels northeast after battering storm-weary coast
Zeta weakened over central Alabama but its strong winds continued across portions of the state and the Florida Panhandle. The storm was about 65 miles west northwest of Atlanta, Georgia, with maximum sustained winds of 60 mph (96 kph). Zeta is moving quickly toward the northeast at 39 mph. Before dawn Thursday, about 1.8 million customers across Louisiana, Mississippi, Alabama and Georgia were without power, according to the website PowerOutage.us. Zeta weakened to a Category 1 hurricane with winds of 90 mph as it moved into southern Mississippi a few hours after landfall.
Employers 'walking tight rope' as flu season creates more uncertainty in workplaces
As if COVID isn’t enough for workplaces to navigate, flu season is creating yet another layer of uncertainty for employers. Since many flu and COVID symptoms overlap, health and legal experts say employers should follow the same guidelines that apply to COVID. Legally, employers can mandate employees get the vaccine, but since it presents legal and HR challenges if employees resist, employers shouldn’t force employees, Moran says. "We always encourage staff to get the flu shot here or at the location of their choice." Employers are "walking a tight rope" so to be prudent it's best to refer employees with symptoms to their physician, Ippolito adds.
Walk-on Chris Booker, special teams player of the week, beats odds at Ohio State
His grandmother encouraged him to enroll at Ohio State. But he joined the OSU club football team, and that rekindled his love for the sport. Ohio State coaches watched the tape and were impressed. “Just an unbelievable story,” Ohio State coach Ryan Day said. “The competition here is the first thing you think about when you think about a place like Ohio State,” Booker said.
How to help underachieving kids be the best they can be
My fourth-grader is really, really smart but he’s something of an underachiever. Before we get to how to help you help your child with his underachievement problem, let’s take a minute to seriously consider whether there’s a problem at all. Maybe instead of being “really, really smart,” your son is average. But for the sake of discussion, let’s assume that your child really is working below his potential and try to figure out why. If your child needs a little help with organization, help.
Ticker: Home, condo sale prices set September records; Stocks take hit on virus concerns
Home and condo sales and prices skyrocketed across Massachusetts in September, with the median single-family home price surging to $472,000. The Warren Group on Wednesday reported that nearly 6,400 single-family homes were sold last month, up from just over 5,000 during September 2019. The 27% increase in home sales was coupled with an 18% increase in the median sale price. The median year-to-date sale price of $440,000 is up 10%. However, nearly 2,500 condos sold last month in Massachusetts, a 26% increase over September 2019, and the median condo sale price increased 11.5% on a year-over-year basis to $418,000.
OBF: All dynasties come to an end, and so has ours
New England had banner ceremonies, duck boat parades and gluten-free pizza and beer at Red Sox games. A different sort of financial threat faces the Red Sox, Patriots, Celtics and Bruins. The six-time Super Bowl champions will end up with $376.54 million in projected ticket revenue losses, according to data provided by Ticket IQ, if fans do not return to Gillette Stadium. They lost home playoff ticket revenue — nearly all profit — while their respective leagues shelled out hundreds of millions of dollars to run successful bubbles. The Red Sox — so we were told by dutiful members of the Red Sox media establishment — offered Betts a long-term deal before the 2018 and 2019 seasons.
Increased interest in Massachusetts private schools mounts due to pandemic
Another 4,000 students attend private school out of state. It’s a small fraction of the state’s 1.8 million public school students. He said private schools are often smaller, can better set up social distancing due to flexible infrastructure and space, and can pivot to online learning more easily than public schools. The average cost of a private education in Massachusetts is about $21,000 per year, according to Private School Review. Woelper said the pandemic has caused people to “look behind the veil” as to what is happening in schools.
Your daily 6: Taking America 'back from the doctors,' campaigns fight for Florida and terrorism suspected in French attack
Instead of following the health experts' advice, Trump and Kushner were focused on what would help the President on Election Day. In the wide-ranging conversations, Kushner described the President's relationship with his public health advisers in adversarial terms. Kushner went on to tell Woodward that Trump did a "full hostile takeover" of the Republican Party when he became its presidential nominee. The US added 73,240 new cases Tuesday, and a record peak of more than 83,000 cases was reported on Friday. The President himself supported Kushner speaking to Woodward for "Rage," according to another audio clip obtained by CNN, calling him "one smart cookie."
Purdue at Illinois odds, picks and prediction
Below, we analyze the Purdue-Illinois college football betting odds and lines, with picks and predictions. Purdue at Illinois: Betting odds and linesOdds via BetMGM; access USA TODAY Sports' betting odds for a full list. Money line : Purdue -250 (bet $250 to win $100) | Illinois +200 (bet $100 to win $200): Purdue -250 (bet $250 to win $100) | Illinois +200 (bet $100 to win $200) Against the spread/ATS : Purdue -7 (-110) | Illinois +7 (-110): Purdue -7 (-110) | Illinois +7 (-110) Over/Under : 58.5 (O: -110 | U: -110)Purdue at Illinois: Three things to knowPurdue beat Iowa 24-20 as a 3-point home dog last Saturday. Purdue at Illinois: Odds, prediction, betting lines and picksPredictionPurdue 27, Illinois 21PASS. Additional college football coverage from USA TODAY Sports Media Group:Alabama football / Auburn football / Florida football / Georgia football / LSU football / Michigan football / Michigan State football / Notre Dame football / Ohio State football / Oklahoma football / Tennessee football / Texas football / USC football / Wisconsin footballGannett may earn revenue from audience referrals to betting services.
What to know about the state cross country meets, including a new site in Bourbon County
“Ciara is a multiple state champion, so she comes in as a clear favorite,” Holman said. * Defending individual champion: Christian Academy junior Addi Dewey won last year with a time of 19 minutes, 13.08 seconds. * Defending individual champion: Holy Cross senior D.K. Class 3A girls* Time: 4:30 p.m. Saturday* Defending team champion: Oldham County has won two straight. * Defending individual champion: Madison Central sophomore Ciara O’Shea won her second straight title last year with a time of 18:29.42.
WATCH NOW: Highlights from Gov. Northam's update on COVID-19, Election Week and Richmond's Lee Monument
Since the beginning of September the number of cases of COVID-19 has more than doubled in Franklin County, now surpassing 500. There are 11 mo…
Ford Motor Co. reports $2.4 billion net income in third quarter
Ford Motor Co., fresh with new leadership and touting an upcoming lineup of hot new vehicles, reported a $2.4 billion net income Wednesday for the third quarter of the year, an improvement of $2 billion from the same quarter last year. Ford reported that earnings in the quarter before interest and taxes — adjusted EBIT — was $3.6 billion, up from the $1.8 billion reported for the same period in 2019 and $1.7 billion a year earlier. Ford ends the quarter with $30 billion in cash on hand and more than $45 billion in liquidity. A year ago, Ford had $22 billion in cash on hand and $35 billion in liquidity. Ford Credit saw earnings of $1.1 billion, compared to $0.7 billion in 2019.
Winter season of indoor sports begins next week in Indiana. It won't be without risk
With Indiana high school sports' winter season beginning next week with girls basketball, local health officers’ attention shifts as well. All those things conspire to lower concentration of the virus,” Floyd County health officer Dr. Tom Harris said. That Indiana, along with the rest of the country, is seeing spikes in cases of COVID-19 recently isn’t helpful either. Your defense is getting chested up on something, so there’s risk. "You can easily assume a positive wrestling case is going to knock out whoever their practice partner is and the opponent at a meet.
On Kentucky Politics newsletter: Countdown to the Nov. 3 election
This is an online version of our On Kentucky Politics newsletters. We're just five days away from an unforgettable pandemic Election Day, which should hit us with all sorts of crazy surprises — if 2020 keeps acting like 2020. Frankfort down-ballot racesRepublicans hope to preserve or expand their 62-seat supermajority in the House chamber of the Kentucky General Assembly next week, though Democrats are hopeful they can remain competitive. Early voting is still possible Thursday, Friday, Saturday and Monday before Election Day on Tuesday. Chris Kenning wrote about how much of Louisville's large Cuban community still supports Trump despite qualms with his immigration policy.
Guns, lies and ballots set on fire: This is voter suppression in 2020
Moments later a polling place manager intervened and said Arias could vote because Black Lives Matter is "not on the ballot." Black lives matter, the statement, is often confused with the political movement. "I don’t take it (Black lives matter) as a political issue," Arias said. To combat voter suppression, Rochon said he has been leading marches with groups of voters to drop their absentee ballots off at drop boxes. Ballot drop boxes set on fireDrop boxes set up across counties to make it easier for voters to submit their mail-in ballots have also been a source of voter suppression in 2020, voting rights activists and officials say.
Mitch McConnell says chances are '50-50' that voters flip control of Senate to Democrats
FLORENCE, Ky. – During a campaign stop Wednesday in Northern Kentucky, Senate Majority Leader Mitch McConnell said the chances were "50-50'' that Republicans lose control of the Senate after Election Day. There are dogfights all over the country,'' the Republican leader told the crowd gathered at the headquarters for the Kona Ice Hawaiian-style shaved ice franchise in Florence. McConnell said Republicans "have a lot of exposure'' in the battle for the Senate with 23 seats up for election, while Democrats have 12. Democrats would need a net gain of three or four seats to win a majority in the Senate, which is currently held by Republicans with 53 senators. But that didn't stop McConnell from warning local residents about the danger he said McGrath poses in a Democratic-controlled Senate.
How Amy Coney Barrett Could End Up Deciding the Election
That’s because of Pennsylvania’s distinctive legal dispute about whether to count mail-in ballots received after 8 p.m. on Election Day. When the U.S. Supreme Court was asked to review the Pennsylvania Supreme Court’s ruling, it split 4-4. His reasoning, we now know, was that it is up to the Pennsylvania Supreme Court to interpret Pennsylvania law, including electoral law and the Pennsylvania Constitution. He reasoned that, unlike the Pennsylvania Supreme Court, which is a state court, a federal district court ought not to change a state’s vote-counting rules. That leaves precisely one unresolved scenario: a state in which the state supreme court has extended the deadline.
In Rural Virginia, a Militia Tries to Recruit a New Ally: The County Government
“Virginia is not the Virginia it used to be,” lamented John Sharp, a supervisor in Bedford County, which handed a militia decision in May. “Biden’s coming for us; there will be a war,” mentioned Paul Cangialosi, who works with the Virginia Militia Alliance, created after final yr’s election to arrange armed teams throughout the state. We’re too divided.”Gun management, anti-coronavirus lockdowns, speak of a vaccine mandate: Mr. Sharp described all of it as if it had been an imposition by a distant colonial energy. “Neither in Florida nor in Virginia do counties have the power to do this,” Mr. Pitcavage mentioned. “The power to organize the militia is firmly divided between the federal government and state governments.”The post In Rural Virginia, a Militia Tries to Recruit a New Ally: The County Government appeared first on Pehal News.
About 1 in 6 fully recovered COVID-19 patients still test positive for the virus
Researchers in Italy say nearly 17 percent of patients who have fully recovered from a COVID-19 infection still test positive for the virus in follow-up doctor’s visits. Researchers from Agostino Gemelli University Policlinic looked at a group of recovering COVID patients to see how their bodies react after treatment and quarantine. Researchers add patients still dealing with sore throats and stuffy noses were more likely to have a new positive test. None of the recovering patients had a fever and all reported improvement in their condition before the new positive test. Only sore throats (18% versus 4%) and rhinitis (27% versus 2%) were seen in a significantly larger portion of positive COVID patients than negative patients.
Merkel warns against 'lies, disinformation' in virus fight
German Chancellor Angela Merkel on Thursday defended tough new shutdown measures her government has announced against the coronavirus, warning that propaganda and conspiracy theories undermine the fight against the pandemic. "Let me be clear: lies and disinformation, conspiracy and hate damage not only democratic debate but also the fight against the coronavirus," she told the lower house of parliament. Merkel told deputies on Thursday that with new cases doubling over the last week and intensive care units quickly nearing capacity, tight restrictions were the only responsible choice. "The winter will be hard -- four long difficult months -- but it will come to an end," Merkel said. Merkel is at the height of her popularity as her fourth and final term in office comes to a close next year.
Concerns About Virus on Food Imports Are Real, Expert Says
It is possible that contaminated food imports can transfer the virus to workers as well as the environment, said Dale Fisher, an infectious diseases physician at Singapore’s National University Hospital. Outside China, where authorities are increasingly weighing in the possibility that the virus can be carried and transmitted via food packaging, the theory is barely mentioned or discussed. Fisher is one of the few international experts who studies the seeding of outbreaks in contaminated fresh and frozen food. Story continues“There’s two schools of thought and the minority view which I adhere to is that there’s a lot of circumstantial evidence,” Fisher said. It subsequently banned imported products, including seafood from Indonesia and chicken wings from Brazil, following positive tests on shipping containers and food packaging.
France terror attacks: Three killed in Nice before gunman shot in Avignon
AdvertisementFrance has been struck by two terror attacks within hours of each other as three people were killed - two of them beheaded - in an attack in Nice before a gunman was shot dead by police in Avignon. Two hours later, a gunman threatened people on the streets of Avignon - 120 miles from Nice - while shouting 'Allahu Akbar' before he was fatally shot by police. The Nice attack happened less than half a mile from where another attacker plowed a truck into a Bastille Day crowd in 2016, killing dozens. 'Our thoughts are with the victims and their families, and the UK stands steadfastly with France against terror and intolerance.' On Thursday, Ankara said strongly condemned Thursday's 'savage' knife attack in southern France that left three people dead, offering its 'solidarity', despite a running diplomatic spat with Paris.
Texas Republicans sound post-2020 alarm bells
This has set off alarm bells for party leaders, who warn that they have to right the ship before it is too late. Further down the ballot, Democrats are also looking to win the requisite nine seats to flip the Texas state house, which has been in GOP control since 2002. According to multiple GOP sources in the state, Republicans are hoping to minimize their losses to four seats. Ed Espinoza, the executive director of Progress Texas, believes they will win control, noting that the two sides are fighting over 22 seats. “They have to fight the fights on what's best in their congressional district.”Rep. Chip RoyCharles (Chip) Eugene RoyDemocrats seek wave to bolster House majority Texas Republicans sound post-2020 alarm bells The Hill's Morning Report - Sponsored by Facebook - Smart or senseless for Biden to spend time in Georgia, Iowa?
'A roadmap to redemption': how a photographer helped a prisoner see beyond his cage
“A politeness and a sense that the guy was really bright and self-aware.”Facebook Twitter Pinterest ‘For as long as I can remember, my biggest fear has been prison’ ... Alec Soth. Photograph: Bade TurgutSo began a correspondence that is ongoing and provides the raw material for an intriguing new book, The Parameters of Our Cage. Its title is taken from one of Fausto’s characteristically ruminative letters: “We all confront the parameters of our cage eventually. In reply, Fausto writes: “I keep seeing the word ‘justice’ being thrown around and it’s frustrating. That has been the most rewarding part of this collaboration by far.”• The Parameters of Our Cage, by C Fausto Cabrera and Alec Soth, is published by Mack.
How drop boxes became central to the partisan legal battles over ballots
But amid the partisan battles over access to the polls, election officials in battleground states are still fighting to limit their usage with only days left until 3 November. Directives from Ohio secretary of state Frank LaRose and Texas governor Greg Abbott – both Republicans – limit drop boxes to one per county. With only about three weeks until Election Day, Florida election officials tried to create new security requirements for the state’s drop boxes. The last-minute announcement presented an obstacle to counties using surveillance cameras to protect drop boxes. Florida law simply requires that drop boxes be “secure,” but does not define the word “secure,” said Ronald Lubasky, an attorney representing local election officials.
Opposition leaders allege fraud in Tanzanian elections
Opposition leaders in Tanzania have accused authorities of stuffing ballot boxes to ensure victory for the ruling party in simultaneous presidential and parliamentary elections. Despite sporadic violence in the run-up to the poll, tens of millions of people filed into polling stations without incident on Wednesday to cast their votes. “If this continues, mass democratic action will be the only option to protect the integrity of the election,” Lissu said. John Magufuli, one of Africa’s most controversial leaders, is seeking a second term as president. At least nine people were reported to have been shot dead by police in semi-autonomous Zanzibar on the eve of the polls.
Merkel heckled in German parliament after warning against Covid-19 'lies and disinformation'
Angela Merkel, the German chancellor, was heckled by opposition MPs during a speech to parliament on Thursday, while taking aim at groups spreading “lies and disinformation” as the country continues to battle the coronavirus crisis. On Thursday morning, Germany recorded 16,774 new daily coronavirus infections, the highest number of new cases within a 24-hour period since the pandemic began. In a veiled criticism of the far-right Alternative for Germany – staunch opponents of the country’s lockdown measures – Mrs Merkel laid out a plea for unity. “Lies, disinformation, conspiracy theories and hate not only damage democratic debate, but also the fight against the coronavirus” Mrs Merkel said. Such interjections are rare in German parliament, with house speaker Wolfgang Schäuble threatening the hecklers with calls to order and criticising their “dangerous” behaviour.
UK Brexit negotiators arrive in Brussels under shadow of coronavirus lockdown
British Brexit negotiators arrived in Brussels under the threat of lockdown on Thursday for trade negotiations in one of the EU countries hardest hit by the second wave of coronavirus. Belgium is expected to announce that it will follow France and Germany back into lockdown on Friday. UK-EU Trade talks resume on Friday in Brussels and will continue through the weekend as both sides race to agree a trade deal before mid-November and avoid a damaging no deal Brexit. Belgium reported 1424.2 new coronavirus infections per 100,000 inhabitants over the last two weeks, and rising death and hospitalisation rates on Thursday. Face to face negotiations eventually resumed in both London and Brussels with strict hygiene and social distancing measures in place.
Can Donald Trump win a second term in the 2020 US election?
This includes Virginia and Michigan, where he holds a 7 per cent lead over Trump - similar to the gap between them at a national level. Such close races mean that the major events of the campaign - like the president's Covid-19 diagnosis and seeming recovery - have the potential to tip the balance either way in these key states. Retaining the baseIf Trump is to have any chance of securing a second term it is crucial he retains - and builds on - his voting base from 2016. In some of the key battleground states Trump flipped the popular vote from the Democrats largely due to his support among white, generally older and less educated, men. Among white non-college graduates he picked up 64 per cent of the vote.
Tech Hot 100: The five key areas to watch (from a Silicon Valley perspective)
Silicon Valley is heralded as the centre of the tech world, but is there anything it could learn from our British cohorts? CybersecuritySilicon Valley has embraced home working – a trend that is expected to outlive the Covid-19 outbreak. Google, Amazon and Facebook staff are all working from home deep into 2021. Here the UK punches above its weight with established names like Sophos and Darktrace. Where better to look for cybersecurity, after all, than GCHQ, former employer of Garrison’s new recruit Ciaran Martin?
'No one cruises the east coast of Scotland – they don't know what they're missing out on'
John MacInnes, at the helm of his sturdy Nova Spero, puts it plainly as we bash out into the North Sea breakers: “No one cruises the east coast. We may be masked up, gel is abundant and temperatures are taken daily, but the Nova Spero is definitely, defiantly different. And while the other lines have wound up operations for the year, Nova Spero is still sailing. He is Harry Simpson, who worked as an apprentice at Mackay Boat Builders, helping construct Nova Spero from scratch. It’s a fitting end to an east coast adventure on a sturdy ship that ties richly into the same tradition.
Enough with the travel shaming, I refuse to avoid visiting my family
There’s a greater chance you’ll catch Covid perusing the cereal aisle at your local supermarket than buckling up for a trans-Atlantic flight. A new survey from Harvard University found that airport and in-flight safety precautions have truly been effective at minimising the risk. Whilst reactions have been mostly positive, every now and then the Covid travel guilt starts to creep in. Let me see my family without the weight of travel guilt on my shoulders. Read more: Australia's mad Covid strategy means I won't see my father for two yearsHave you experienced travel shame or travel guilt?
Why Tiffany is still the world's most iconic jewellery brand
Rumours that the merger might not go ahead began in March, as the luxury market began to feel the effects of the Covid-19 pandemic. The merger will offer LVMH, whose stable of fine jewellery brands also includes Bulgari, Chaumet and Fred, a strong foothold in the US market. And while Tiffany has reported lacklustre annual sales and profits for a few years, its brand power has never been in doubt. When LVMH agreed to buy Tiffany last year, its chairman Bernard Arnault called the jeweller an “iconic, emblematic brand of America, with a great history”. Its name, logo and distinctive blue branding is recognised the world over; alongside Cartier, it’s one of the two fine jewellery brands to consistently make the top 100 in Interbrand’s annual Best Global Brands rankings.
How we met: Tommy Cannon & Bobby Ball
Born in Oldham in 1938, Tommy Cannon (real name Thomas Derbyshire) met his comic partner Bobby Ball while working in a welding factory in the 1960s. Bob used to sing at the weekends, and one night he said, "I'm singing at a working men's club, would you like to come along?" I sometimes feel I need to step in and take care of him, but I don't really; he can take care of himself. As part of the longest-running double act in Britain, Bobby Ball (real name Robert Harper), 63, continues to perform in summer shows, pantomimes and Christian concerts. Cannon and Ball appear in 'Dick Whittington' at Cliffs Pavilion, Southend-on-Sea until 7 January (tel: 01702 351 135, www.thecliffspavilion.co.uk)
Bobby Ball death: Cannon & Ball comedian dies from coronavirus aged 76
Comedian Bobby Ball has died aged 76 after testing positive for coronavirus. The comedian, who was best known as one-half of the comedy double act Cannon & Ball, had been in hospital with breathing problems. Along with Tommy Cannon, the duo hosted The Cannon and Ball Show on ITV for nine years from 1979 to 1988. They also starred in the 1982 film The Boys in Blue and made guest appearances on The Kenny Everett Show and Shooting Stars. In addition to his comedy career, Ball worked as an actor, with regular roles on TV programmes including Last of the Summer Wine, Mount Pleasant and The Cockfields.
Bobby Ball death: ‘Devastated’ comedy partner Tommy Cannon leads tributes to Not Going Out star
Born in Oldham in 1944, Ball enjoyed a long career as a comedian, actor, and half of the comedy duo Cannon & Ball. Along with his longtime friend Tommy Cannon, Ball hosted The Cannon and Ball Show on ITV for nine years from 1979 to 1988. Tommy Cannon led the tributes to Ball, saying he was “devastated” upon learning of his friend’s death. I loved you bobby ball and I always will ,Truly truly one of a kind .sleep well cocker!”. Sending you all lots of love.”Bobby Ball in 2018 (Rex Features)Actor Diane Morgan, who starred alongside Ball in The Cockfields, tweeted: “So sad to hear about Bobby Ball.
Bobby Ball death: Not Going Out fans remember comedian’s scene-stealing role as Frank
The best moments of Bobby Ball, who formed half of the double act Cannon and Ball, are being remembered after the comedian dies, aged 76. However, many other homages focused on his work on scripted TV, particularly his scene-stealing turn in the BBC sitcom Not Going Out. In Not Going Out, Ball played Frank, the father of Lee (Lee Mack). After first making a guest appearance in 2009, Ball went on to appear in a further 16 episodes of the series. “[Ball was] brilliant in Not Going Out as Lee Mack’s dad, the world has lost a comical genius,” wrote another.
England vs Italy team news: Eddie Jones named heavily changed side for Six Nations decider
Ben Youngs will win his 100th international cap for England this weekend after being named in their starting line-up for the Six Nations decider against Italy. Head coach Eddie Jones has named a heavily-changed squad from England’s win over Wales in March, with seven players from that team ruled out of selection for this weekend’s ‘Super Saturday’ encounter. “The team have prepared well and are looking forward to putting on an England shirt and showing what they can do. “We will also celebrate two major achievements in Ben Youngs and Jamie George’s cap milestones. England team vs ItalyGeorge Furbank; Anthony Watson, Jonathan Joseph, Henry Slade, Jonny May; Owen Farrell, Ben Youngs; Mako Vunipola, Jamie George, Kyle Sinckler; Maro Itoje, Jonny Hill; Tom Curry, Sam Underhill, Billy Vunipola.
‘There is no way to over-estimate their gall’: Insiders reveal how ‘megalomaniac’ Ivanka and Jared will still win if Trump loses
I vanka Trump and Jared Kushner were waiting for Marissa Velez Kraxberger inside Trump Tower. Ms Trump and Mr Kushner went, of course, with Mr Trump to the White House. Fast forward four years, and Ms Trump, now 38, and Mr Kushner, now 39, are potentially facing another life-altering upheaval. Ms Trump is diligently campaigning for her father, but the future is very uncertain. If Mr Trump loses on 3 November, what will they do next?
VIDEO : US foreign policy: How will Biden or Trump deal with friends and foes?
Shop and restaurant owners staged protests against coronavirus restrictions all over Italy on Wednesday.
Nice attack: Three dead and several injured in suspected terror assault on church
Three people have been killed and several more wounded in a suspected terror attack in the southern French city of Nice on Thursday. A suspect has reportedly been arrested; a police source said he was injured as security forces intervened and has been taken to hospital. France' national anti-terrorist department has launched an investigation which will be carried out by judicial police and internal security teams. Police say no-one else was hurt and there was no evidence "at this stage" of an Islamist attack. A similar call came from Eric Ciotti, a member of the French National Assembly representing the Alpes-Maritimes department.
Nitori to launch rival takeover bid for Shimachu in November
Japanese home furnishings retailer Nitori Holdings Co. said Thursday it will launch a rival takeover bid in mid-November to make do-it-yourself and hardware store operator Shimachu Co. a wholly owned subsidiary, triggering a fierce acquisition battle with a major DIY store operator. Nitori plans to spend a total of ¥214.3 billion on the takeover bid. Given Nitori’s higher bid price and Shimachu’s recent share price rises, DCM could be forced to raise its offer before its tender offer period ends on Nov. 16. Nitori Chairman Akio Nitori said in a press conference he will start holding talks with Shimachu’s management to gain their support for the planned tender offer. For DCM, a successful acquisition of Shimachu will make it the biggest DIY store operator in the country with annual sales of around ¥500 billion, surpassing the current leader Cainz Co.
Domestic output for eight automakers down 30% in April-Sept.
At Mitsubishi Motors Corp., production dived 58.6% to 124,423 units, reflecting sluggish sales of the new eK Wagon minivehicle, launched last year. All eight makers logged year-on-year falls in overseas production in the first half of fiscal 2020, with their combined output sagging 28.5% to 6,597,003 units. Suzuki Motor Corp. saw its output plummet 45.4% to 555,376 units due to sluggish production in India and other areas. Mazda Motor Corp. posted production drops for both passenger cars and commercial vehicles. In September alone, the eight automakers’ combined domestic output grew 0.3% from a year before to 791,256 units, up for the first time in 12 months, thanks to their efforts to recover from the production suspension forced by the coronavirus crisis.
Coronavirus UK: Prankster, 27, sets up limited company for £6 so he can dodge 'rule of six'
The Government's Rule of Six stops groups larger than the six-person limit gathering to limit the spread of coronavirus. Northumbria Police and Crime Commissioner Kim McGuinness said the Prime Minister needed to tell families what restrictions to expect over Christmas. TIER ONE Tier one restrictions mirror those already in place across England. Mr Eustice was speaking after a police chief warned that Christmas family celebrations could be broken up by police officers entering homes if they flout lockdown rules. The West Midlands is currently under Tier 2 restrictions, meaning people cannot mix with any other households or bubbles inside.
Where's next for Tier Three? 6MILLION in the West Midlands, North East and West Yorkshire
Residents in the West Midlands, North East and West Yorkshire look set to be the next dragged into the toughest bracket of measures, which bans people from socialising with family or friends and sees pubs forced to shut completely unless they are serving 'substantial meals'. Leaders in West Yorkshire have denied they are in a 'stand-off' with Number 10 over plans to plunge 1.8million people in the region into a Tier Three lockdown. Ms Hinchcliffe, who is also the chairwoman of the West Yorkshire Combined Authority, told the BBC Radio 4 Today programme this morning she would not describe it as a 'stand-off'. She said: 'It is clear from our conversations so far that Government are unflinching in their resolve to put Bradford and West Yorkshire into Tier 3. We are absolutely committed to implementing the most effective measures to protect the people and economy of West Yorkshire.'
Taiwan marks 200 days without domestically transmitted infection
Taiwan reached 200 days without any domestically transmitted cases of Covid-19 today, highlighting the island’s continued success at keeping the virus under control. CDC officials noted the milestone and thanked the public for playing a role, while urging people to continue to wear masks and to wash their hands often. Since the pandemic began, Taiwan has recorded 553 cases of Covid-19, and just seven deaths. Local media has been paying close attention to reports of people who tested positive for Covid-19 after leaving Taiwan. Yet Taiwan is still a success in light of the global scale of the pandemic, more than 44 million reported cases and 1.1 million deaths.
Coronavirus France: Macron's 5,000-a-day cases target is impossible, scientific adviser says
AdvertisementFrench lockdown restrictions due to come into force Friday morning at 00:01amEmmanuel Macron's target of slashing France's coronavirus infections to 5,000 a day is impossible to achieve in the month-long lockdown he announced last night, his top scientific adviser said today. Macron, 42, said some shops could be allowed to open in mid-November if the situation improves - but his scientific adviser's warning raises the prospect of lockdown measures continuing up to Christmas. France announced 36,437 new infections on Wednesday night, taking the total above 1.2million, while another 244 deaths brought the total to 35,785. Coroanvirus cases are rising rapidly in most major European countries, prompting leaders to consider more lockdown measures. More than two million new confirmed coronavirus cases have been reported globally in the past week, the shortest time ever for such an increase, and 46 per cent of those were in Europe.
Risk of more deaths from cardiac ward closures - docs - English
(ANSA) - ROME, OCT 29 - There is a rising risk of more deaths in Italy due to the closure of cardiac wards due to the COVID crisis, the Italian Society of Cardiology (SIC) said Thursday. "The suspension of cardiological day centres, of wards and coronary intensive care units due to COVID risks having catastrophic consequences," it said. It said mortality rates in heart patients may rise as soon as next month. "In some regions, above all in the South, cardiac walk-in day centres have been closed and cardiac wards emptied because the number of infected health staff has increased or because many cardiac wards have been turned into COVID-19 wards," said SIC President Ciro Indolfi..Italy is enduring a second wave of the virus. Many doctors have warned facilities may soon be swamped.
Govt COVID 'relief decree' comes into force - English
(ANSA) - ROME, OCT 29 - A government 'relief decree' offering aid to sectors hit by new restrictions imposed for the COVID crisis came into force on Thursday. Discotheques will receive 400% of their previous aid while taxis and NCC services will receive compensation of 100% of what they got in the previous 'relaunch decree'. Some 38 categories will get a 200% contribution including restaurants, gyms and swimming pools. The relief decree also include an extension of norms on remote working and leave from work. Premier Giuseppe Conte said "these relief measures have been passed to avert an economic and social crisis".
Puglia closes schools, says they play role in COVID spread - English
On Wednesday Puglia Governor Michele Emiliano signed an order closing the region's schools from this Friday until November 24. "We cannot say that classes are the main source of contagion," Lopalco told Radio Capital. "But schools play a role in transmission". Agriculture Minister Teresa Bellanova, a Puglia native, said Premier Giuseppe Conte's government should challenge the decision to have it reversed. "Closing the schools is a enormous disaster," Bellanova told Radio 24.
Welsh skipper Jones to break McCaw Test record against Scots
Alun Wyn Jones will set a new Test record of 149 caps when he leads Wales out for their Six Nations match with ScotlandAdvertising Read moreCardiff (United Kingdom) (AFP)Welsh captain Alun Wyn Jones will set a new record for Test caps of 149 when he leads out his team in Llanelli for the Six Nations match with Scotland on Saturday. The 35-year-old lock -- who will win his 140th Wales cap to add to the nine Lions Tests he has played -- breaks the record he held with retired New Zealand legend Richie McCaw. Rowlands came off second best with Wasps in the English Premiership final last Saturday against Exeter -- the champions' prop Tomas Francis also starts against the Scots. The Welsh will be bidding to round off their Six Nations, which was halted in March due to the coronavirus pandemic, on a winning note and deny the Scots their first win in Wales since 2002. Team (15-1)Leigh Halfpenny; Liam Williams, Jonathan Davies, Owen Watkin, Josh Adams; Dan Biggar, Gareth Davies; Taulupe Faletau, Justin Tipuric, Shane Lewis-Hughes; Alun Wyn Jones (capt), Will Rowlands; Tomas Francis, Ryan Elias, Rhys CarreReplacements: Sam Parry, Wyn Jones, Dillon Lewis, Cory Hill, James Davies, Lloyd Williams, Rhys Patchell, Nick Tompkins© 2020 AFP
Indonesian activists slam 'Jurassic Park' plan for Komodo dragon habitat
"The idea to build a Jurassic Park is honestly embarrassing," said Gregorius Afioma, an activist at local social justice NGO Sunspirit. "People come here to see komodos in their natural habitat... these people are selling a concept where (visitors) can walk around indoors to see komodo dragons, which to me is no different than a zoo," he added. Rima Melani Bilaut of the Indonesian Forum for the Environment, added that the development would further threaten the dragons by reducing the size of their habitat. "If we control it well and minimise contact with wildlife, the current tourism development will not endanger the komodo population," said an environment ministry official in a statement this week. Conservationists have long feared that mass tourism, trafficking and a lack of natural prey threaten the survival of Komodo dragons.
‘A matter of life and death’: Native Americans speak out about the US elections
For many here, voting is low on the list of priorities, though some are trying to change that. Advertising Read moreThe vast reservation, deep in the South Dakota Badlands, is currently on lockdown amid a surge of Covid-19 cases and no outsiders are allowed in. The health crisis is just the latest problem facing the reservation, where unemployment is around 80 percent and poverty and alcohol addiction are rife. I walk around all day looking where they have meals here for homeless people," Edna, a Native American at the Hope Center, told FRANCE 24. "So I walk around and try to make it to that place where they have a meal."
Women’s All-Pro Tour to stage two-week, multi-format tournament at World Golf Village
The First Coast has hosted PGA Tour, PGA Tour Champions, Korn Ferry Tour and LOCALiQ events. It’s now adding a women’s professional tournament to the mix — which will be played under two formats. The Orca Golf Bags Women’s Match Play Championship will be held at the two World Golf Hall of Fame courses Oct. 26-Nov. 7 of 2021, an official event of the Women’s All-Pro Tour. There also will be leadership forums, executive networking and educational seminars provided by GenerationW, a national non-profit based in Jacksonville Beach by former PGA Tour executive and WNBA president Donna Orender. Berman got Orca Golf Bags, one of his clients, on board as the title sponsor and in short order, the two tournaments became part of the schedule of 14 official WAPT events for the 2021 season.
Inside Ontario's overwhelmed labs: How lingering issues and mistakes caused massive COVID-19 testing backlog
Article content continuedTo reduce that friction, the Public Health Labs, under Allen, have been buying exclusively non-proprietary instruments since February. That allows them to mix and match supplies for different parts of the operation from different suppliers, some of them domestic. A single, open-system instrument, fully stocked and staffed, can only process 1,854 samples in a day, just over half what the Roche machines can do. “When we do have reagents (the Roche machines) are phenomenal workhorses,” Allen said. Most of that work has to be done by licensed laboratory technologists.
Donald Trump's Foreign Policy Hurt American Alliances - The New York Times
Human rights have all but disappeared from the American agenda. The country, under Trump, has lost its compassion; it has appeared crueler to the world. The pandemic has been the first major global crisis since 1945 in which the United States has gone AWOL. The democratic framework of the United States rests on certain principles: checks and balances, a vigorous free press, an independent judiciary, protection of the individual against forms of racial, religious or sexual prejudice. None of this has been lost on a world where the United States once built democracies: in Germany, in Japan, throughout Central Europe after the collapse of the Soviet imperium.
Coronavirus cases set new record ahead of Election Day
In the final week before Election Day, new coronavirus infections have soared to an all-time high — virtually guaranteeing that the pandemic will be the most prominent issue in America as voters prepare to choose the next president. Where it stands: On average, nearly 72,000 people tested positive for the coronavirus every day over the past week. Twice in the past week, the U.S. has set a new record for the most cases in a single day. The virus gained strength over the past week in 41 states, including nearly every important battleground state. Wisconsin, for example, reported new single-day records for cases, hospitalizations and deaths — all in the same day.
Thailand latest: Protests to resume in financial district
"The cabinet agreed to set up a committee to find a solution," Prime Minister Prayuth Chan-ocha said. The weekend brings the end of the three-day deadline that protesters have given Prime Minister Prayuth Chan-ocha to resign. In order to protect the honor of my family, of the prime minister, of the nation, and to show respect to the people to whom sovereignty belongs, I, Prayut Chan-ocha, the prime minister, would like to resign as a prime minister. 5:50 p.m. Prime Minister Prayuth Chan-ocha is now expected to address the nation on TV at 7 p.m., rather than 6 p.m.5:30 p.m. Chinese Foreign Minister Wang Yi arrives at the Government House in a black sedan for talks with Prime Minister Prayuth Chan-ocha.
Donald Trump reportedly wants to punish cities for protesting racism by shamelessly cutting their HIV funding
US President Donald Trump (Tasos Katopodis/Getty Images)Donald Trump reportedly wants to punish cities for protesting racism by stripping them of vital HIV funding. On September 2, Trump instructed federal departments to slash funding in such cities where “lawlessness” is promoted and police departments are “disempowered”. Trump reportedly plans to cut his own HIV initiative. Funding for migrant health centres could also be stripped of funding under the Trump directive. The HSS list will reportedly be used to establish whether cities should be prevented from accessing federal funds going forward for various programs.
France attack: Deadly stabbing in Nice 'terrorist attack', mayor says
France attack: Deadly stabbing in Nice 'terrorist attack', mayor says Published duration 6 minutes ago Related Topics Knife attack in Nicemedia caption Eyewitness: "We heard many gunshots"Three people have been killed in a knife attack at a church in the French city of Nice, police say. Nice Mayor Christian Estrosi said there had been a "terrorist attack at the heart of the Notre-Dame basilica". Police have not suggested a motive for the attack in Nice. The French Council of the Muslim Faith condemned the Nice knife attack and spoke of its solidarity with the victims and their families. — Boris Johnson (@BorisJohnson) October 29, 2020Turkey, which has seen ties with France sour in recent days, strongly condemned the "savage" knife attack.
Facts Are Difficult For Brett Kavanaugh
Note: Welcome to our daily feature Trivia Question of the Day! Brett Kavanaugh’s concurrence in Democratic National Committee v. Wisconsin State Legislature has been criticized for a number of factual inaccuracies. We also authorized ballot processing 30 days out. Those are our [state] specific solutions, but other states needs are different. Vote.”See the answer on the next page.
Trump’s $250 million coronavirus ad campaign had ‘partisan’ edge, down to the celebrities chosen to participate
Of at least 274 celebrities under consideration, only 10 appear to have been approved, according to a document the lawmakers obtained. None of the celebrity PSAs went live, and the campaign is under review at HHS. Politico first reported about the $250 million contract and the ad campaign. The documents offer curious observations about the celebrities being vetted for possible inclusion in the campaign. Atlas President Mark Chichester wrote that he did “due diligence” on all of them, but he was unable to find much information.
Little Recognition and Less Pay: These Female Healthcare Workers Are Rural India's First Defense Against COVID-19
By 7 a.m. on a mid-October day, the 41-year-old has already received two calls about suspected COVID-19 cases in Pavnar, her village in the Indian state of Maharashtra. Every day, Ghugare goes door to door in search of potential COVID-19 cases, working to get patients tested or to help them find treatment. With 8 million confirmed COVID-19 cases, India has the second-highest tally in the world after the United States and its health infrastructure struggled to cope with the surge in COVID-19 patients this summer. India’s ASHA program is likely the world’s largest army of all-female community health workers. New Delhi, June 25: ASHAs talk amongst themselves while conducting door to door survey to identify COVID-19 cases.
Hospitals Are Reeling Under a 46 Percent Spike in Covid-19 Patients
At the hospital in El Paso, staff members said some Covid-19 patients were arriving in the emergency room so debilitated that they required intubation almost immediately. Ms. Garcia said she questioned why Dee Margo, El Paso’s mayor, had failed to order a shutdown of the city to curb the spike in cases. Dr. German Hernandez, a nephrologist who has been caring for patients at several hospitals in El Paso, said the situation was so acute that patients on oxygen were being kept in rooms in the trauma area of University Medical Center. “We have no buffer.”Giulia McDonnell Nieto del Rio reported from Milwaukee, Simon Romero from El Paso and Mike Baker from Seattle. Erin Coulehan contributed reporting from El Paso, Mitch Smith from Chicago, and Lucy Tompkins from New York.
United Airlines to start rapid COVID-19 tests for passengers at Newark airport
“We are launching the world’s first free Newark to London COVID-19 test pilot, offering rapid testing on a select flight from Newark to Heathrow free of charge,” said Aaron McMillan, United Airlines managing director of operations policy and support. The rapid molecular Abbott ID Now COVID-19 test will be administered by Premise Health in a United lounge in Newark to passengers who make an appointment ahead of time. But airline officials hope the program will build government officials' confidence to waive those regulations for passengers testing negative, Earnest said. It has important potential to reopen international travel trade and commerce.”The Hawaiian testing program has shown signs of doing that. On Tuesday, Hawaii’s governor announced a similar pre-flight test program will start on Nov. 6 for travelers between Japan and Hawaii.
AP Top Stories October 29 A
AP Top Stories October 29 AHere's the latest for Thursday October 29th: Millions of mail ballots still outstanding; Curfew in Philadelphia after protests and violence; Hurricane Zeta leaves damage on Gulf Coast; Czech Republic implements curfew to fight coronavirus.
USA TODAY/Suffolk Poll: Ahead of Election Day, 3 of 4 voters worry about violence in a divided nation
Three of 4 voters express concern about the possibility of violence on Election Day. A Republican, she plans to go to the polls on Election Day to vote for Trump. Three of 4 say they are concerned about the possibility of violence on Election Day and afterward; more than a third are "very concerned." "Voters on both sides traditionally expect a trick-or-treat on Election Day," said David Paleologos, director of the Suffolk Political Research Center. "In this election, there is a much deeper fear of violence not only on Election Day, but for many days thereafter."
What to make of what should be a unique and uncertain college football bowl schedule
This was going to be largest bowl season in history with 43 games. How things play out with the three College Football Playoff games and the remaining 36 scheduled bowls remains uncertain. The concept of teams playing bowl games with losing conference records is nothing new. Twenty-one bowl teams in the past two years had losing league records, including 17 from the Power Five. The pairings for the semifinals and the rest of the bowl season are unveiled the following day.
Contracts show Ole Miss on the hook to pay four defensive coordinators this year
The answer this year is four, according to their employment contracts:? One is Wesley McGriff, who was fired as the team’s defensive coordinator in November 2018. Mississippi still owed him at least $1.1 million per year through Jan. 31, 2021, minus any pay he’s receiving at his new job at Auburn (about $300,000 per year). Mississippi still owed him $1.5 million per year through Jan. 31, 2022, minus the pay he’s receiving from his new job at Memphis ($420,000 base salary). In fiscal year 2021, the foundation said it expects to pay $3.5 million for such severance. Both McGriff and MacIntyre had language in their Mississippi contracts that called for them to use pay from any new jobs they got after Mississippi to reduce what they were owed by Mississippi until their contracts with the Rebels ended.
Is the business lunch dead? In the days of COVID-19, lunch breaks can mean biking, hiking meetings
Now Jeremy Welt, a marketing consultant, takes his meetings on bike rides or canyon hikes. But on a bike, wearing a mask and cruising on the paved beach bike or open mountain trail, no such issues to worry about. He hasn't picked up new business on the business rides, "but I've learned a lot. And beyond the hiking and cycling, in Beaverton, Oregon, Andrew Funderburg has come up with a novel way to meet his clients. "You would build a relationship in a very unique way that you couldn't do over a business lunch," she says.
Black Americans are the most hesitant to get a COVID vaccine. That should be a big concern for everyone.
Although the first two, large clinical trials of candidate vaccines have managed to include about 3,000 Black participants each, it hasn't been easy. Polls show that among racial and ethnic groups, Black Americans are the most hesitant to get a vaccine once one becomes available, and their skepticism is rising fast. Without adequate Black and Hispanic participation in clinical trials it won't be clear whether the vaccine will be safe and effective for them. History of racism remains freshAmerica has a terrible history of medical experimentation on Black Americans, including but not limited to Tuskegee, White said. Black Americans often learn this history at an early age, he added, while white people aren't usually taught about it at all.
NFL trade deadline: What moves should all 32 teams make?
Spending for 2021 could be limited to $175 million after each club was allocated a record $198.2 million this year. A selloff doesn't even seem realistic given Bill Belichick's unique way of maximizing talents other teams don't seem to see. NFC EastPhiladelphia Eagles (2-4-1): The division is a mess, but so is Philly's 2021 cap – GM Howie Roseman looking at a $69 million overdraw, per overthecap.com. Green to help QB Aaron Rodgers and complement No. But GM Ryan Pace and coach Matt Nagy really have to ask themselves if it's worth gambling much to bolster this squad.
Live election updates: Trump, Biden continue battling for votes five days from election night
President Donald Trump and Democratic candidate Joe Biden are in the home stretch of this election. Three of 4 voters express concern about the possibility of violence on Election Day. Biden holds a steady 8-point lead over Trump in the nationwide poll, 52%-44%, taken after the final presidential debate last Thursday. Florida: Both Former Vice President Joe Biden and President Donald Trump will hold events in Tampa. We're texting you election updatesUSA TODAY launched election texting, where we'll give you all the important updates this historic election year wraps up.
How New York’s Small Cinemas Are Hanging On
Several of the city’s other art houses and smaller cinemas have a surprising safety net — large corporate owners that help buffer them from oblivion. The Angelika Film Center & Cafe on Houston Street is part of a chain of theaters owned by Reading International, a publicly traded multinational company. Others, like Film Forum and Anthology Film Archives, operate as nonprofits, and have leaned heavily on members and donors for support. “We’re only still alive because of the largess of our audience members and our board,” said Cooper, of Film Forum. “This cautious approach has so far served New Yorkers well,” the spokesman, Jack Sterne, said, “and everyone is working to stop a second wave.”
Texas Is a Tossup. So Why Won’t Trump or Biden Campaign There?
“This is where the gap is because there are no contested elections down here,” said Gilberto Hinojosa, the chair of the Texas Democratic Party, who has been lobbying Mr. Biden’s campaign all year. “The party has had to jump in here,” he said, alluding to Texas Democrats. After initially only planning to have Ms. Harris visit the state’s two largest metropolitan areas, Mr. Biden’s campaign announced Wednesday that she would also visit the Rio Grande Valley. Visits to a pair of precincts last week in the Rio Grande Valley revealed a noticeable number of first- or second-time voters, including many students. Many of them were Hispanic and they cast their ballots overwhelmingly for Mr. Biden — or, as they put it, against Mr. Trump.
Young and Jobless in Europe: ‘It’s Been Desperate’
BritainTaking ControlWhen Tariro Madzingira’s marketing job wound down during the pandemic, she knew that landing new work would be a struggle. Instead of panicking, Ms. Madzingira, 24, took matters into her own hands. She returned from London to her parents’ home in Birmingham and enrolled in an eight-week career coaching course. “A lot of graduates that I’ve spoken to are doing so many applications and feeling really flustered,” Ms. Madzingira said. But when she logs off from her internship, she pivots back to working with young people in similar straits.
As the world awaits a coronavirus vaccine, some Chinese students get early doses
The vaccine would at least provide better protection.”ADADBeijing has taken an immense gamble in rolling out coronavirus vaccines before they are confirmed safe and effective. Cai said she is relieved to have gotten the vaccine before traveling to Italy, which is experiencing a renewed surge in coronavirus cases. In Beijing, Wang Ying, a 42-year-old employee of a state-run bank, says she received the vaccine free of charge in a Sinopharm clinical trial, which required her to send daily health updates. Cai, who got the vaccine for urgent use, had to pay about $68 for the two shots and service fees. Wang said even though she got the vaccine, she might wait for more trial results before vaccinating her 10-year-old daughter.
Jon Ossoff hits Sen. Perdue on pandemic: ‘You’re attacking the health of the people that you represent’
In response, Ossoff unleashed on Perdue over the GOP’s handling of the coronavirus pandemic, a topic the challenger spent most of the hour-long debate relentlessly hammering. The Wednesday debate in Savannah, Ga., came amid an accelerating pandemic has killed more than 225,000 Americans, including more than 7,800 people in Georgia. ADADThe Democrat has spent much of his campaign attacking Perdue for playing down the disease in its early days, as well as for voting multiple times against the Affordable Care Act. His campaign also provided the Atlanta Journal-Constitution a letter from the Senate Ethics Committee clearing him of wrongdoing. As Ossoff has homed in on the pandemic, Perdue has attacked his challenger’s company for working with Middle Eastern and Asian clients, falsely suggesting that Ossoff was “endorsed” by the Communist Party.
A Long Island wedding and birthday party infected 56 with covid-19: ‘Blatant disregard for the well-being of others’
AD“One-third of all of those in attendance,” Suffolk County Executive Steve Bellone said in a news conference Wednesday. ADThose ill-fated gatherings were not the only large events to spread the coronavirus across Long Island in recent weeks. “This type of blatant disregard for the well-being of others is not only extremely disappointing; it will not be tolerated,” Bellone said Wednesday. County officials fined the wedding venue $12,000. ADAnother party flooded with teenagers in the Long Island hamlet of Farmingville led to multiple 911 calls on Saturday.
Coronavirus live updates: Fauci expresses support for national mask mandate amid record-setting coronavirus infections
Taiwan on Thursday celebrated its 200th day with no locally transmitted coronavirus infections, a milestone no other nation has reached. But the opposite happened, because Taiwan had learned from past epidemics and took the virus seriously from the start. As soon as China reported the first covid-19 case to the World Health Organization in December, Taiwan began screening passengers on flights from Wuhan. By late January, the government was using records from its national health system to identify people who had recently developed respiratory problems and have them tested for the coronavirus. Immigration databases were similarly leveraged to allow doctors to prioritize testing people who had recently traveled to hotspots.
Russell Wilson, Ciara fund charter school in Seattle area
Washington’s charter law allows for up to 40 publicly funded, privately run charter schools to set up by 2021. Then there were two major lawsuits challenging the law before the Supreme Court ruled in support of charter schools, settling the matter in 2018. While Democrats and Republicans have supported charter schools in the past, the issue of school choice has become immensely polarizing politically. Wilson, joining a long line of celebrities that have launched schools, said the couple's charter school financing is not a political statement. “We’ve been so committed over the past four years to education,” Wilson said.
Fauci: 'You cannot abandon public health measures' even with COVID-19 vaccine
SUBSCRIBE AND DOWNLOAD THE FOX NEWS RUNDOWNOn Thursday, Fauci told host Jessica Rosenthal that he was referring to "what we think of as normal, namely prior to December of 2019." TRUMP SAYS PEOPLE 'TIRED' OF FAUCI, CORONAVIRUS"If we begin distributing doses of vaccine at the very beginning of 2021 ... For that reason, he said, "as that process evolves, you cannot abandon public health measures because the vaccine is not going to be perfect and not everybody is going to take it." RAPID CORONAVIRUS SPREAD IN PHILADELPHIA LEAVES CONTACT TRACERS UNABLE TO TRACK CASESAs more people take the vaccine, Fauci said, Americans will "gradually be able to do things that we're not doing now widely. CLICK HERE TO GET THE FOX NEWS APPThe exception, Fauci told Rosenthal, is schools.
Biden's brother refuses to answer questions about China deals
Approached at a residence on the Eastern Shore, Jim Biden repeatedly rebuffed questions in his driveway as Fox News asked questions from a distance in the street. “I don’t want to comment about anything,” Jim Biden said. He claims Jim Biden chuckled. Asked about the “plausible deniability” claim on Wednesday, Jim Biden did not answer and walked inside the home. Fox News’ Go Watch page is now available, providing visitors with Pay TV provider options in their area carrying Fox News Channel & Fox Business Network.
Dozen MLB players have options turned down, go free
What figures to be a down and perhaps brutal market for baseball free agents in the offseason following the pandemic began Wednesday when a dozen players were told their contract options had been declined, among them St. Louis Cardinals Gold Glove second baseman Kolten Wong. Wong, a first-round pick in the 2011 draft, made his big league debut in 2013 and spent his first eight seasons with St. Louis. Many teams are cutting costs following a shortened regular season played with no fans in attendance due to the novel coronavirus. “I told him that with some of the uncertainties, we’re just not in a position to do that,” Mozeliak said. Players already free agents include catcher JT Realmuto, infielder DJ LeMahieu, pitchers Marcus Stroman and Masahiro Tanaka, and outfielders George Springer and Marcell Ozuna; shortstop Didi Gregorius; and designated hitter Nelson Cruz.
Pac-12 embarks on short season with lots of new faces at QB
Arguably the top returnee is USC's Kedon Slovis, who took over last season when starter JT Daniels was injured in the opener. We can run so many different things from so many different looks,” Slovis said about USC's progression heading into his second season. Costello went to Mississippi State under Mike Leach, who left Washington State in the offseason. At Arizona, Grant Gunnell will take the reins at QB after starting in three games last season when Tate struggled with injury. EARLY RISERSReady or not, Pac-12 fans, you're about to need early Saturday wake-up calls to catch the league's 9 a.m. games.
2021 Boston Marathon postponed at least until the fall
Boston Marathon organizers said Wednesday that the 2021 race won't be run on Patriots Day because of the coronavirus pandemic, the second straight year that it has been moved from the April weekend that was its home for more than a century. "We are unable to host the Boston Marathon this coming April,” BAA CEO Tom Grilk said in a statement. “We are optimistic that the Boston Marathon will continue its tradition of celebrating the spirit of community and athletic excellence next fall." CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMOrganizers said they hope to work with state and local officials to “determine if a fall 2021 date is feasible.” The BAA said it hopes to select a fall date by the end of the year. The 2020 Boston Marathon was originally postponed from April to September, but it was canceled outright two months later — the first time since 1897 that there was no in-person Boston Marathon of any sort.
Watch CNBC's full interview with Credit Suisse CEO Thomas Gottstein on third-quarter earnings
Watch CNBC's full interview with Credit Suisse CEO Thomas Gottstein on third-quarter earningsCredit Suisse CEO Thomas Gottstein discusses third-quarter earnings, the impact of the coronavirus pandemic on the banking sector, and industry consolidation.
Standard Chartered to reconsider shareholder returns at the end of the year, says CEO
Standard Chartered to reconsider shareholder returns at the end of the year, says CEOAndy Halford, CFO of Standard Chartered, discusses third-quarter earnings and the impact of the coronavirus on the business.
France's new coronavirus restrictions to begin Friday through Dec. 1
France's new coronavirus restrictions to begin Friday through Dec. 1Multiple countries in Europe are looking at new restrictions in an attempt to slow the spread of coronavirus. NBC News' Matt Bradley joins "Squawk Box" live from Paris with the latest.
Charles Schwab's Jeffrey Kleintop: The obvious conclusions with virus restrictions "are not that simple"
Charles Schwab's Jeffrey Kleintop: The obvious conclusions with virus restrictions "are not that simple"Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab, joins Worldwide Exchange with his thoughts on the global market impact of new coronavirus restrictions.
Wall Street will look to recover from Wednesday's massive sell-off
Wall Street will look to recover from Wednesday's massive sell-offWall Street will look to recovery from Wednesday's massive sell-off, which was sparked in part by growing fears in rising coronavirus cases around the world. CNBC's Bertha Coombs reports.
Treasury yields tick lower ahead of third-quarter growth figures
The yield on the benchmark 10-year Treasury note ticked lower to around 0.777% at 06:25 a.m. While the yield on the 30-year Treasury bond fell to 1.5625%. Treasury yields moved slightly lower on Thursday ahead of economic data due to be released later in the day, which is expected to show record-breaking growth in the U.S. economy. ET, which is expected to show historic growth of 30% or more in the third quarter. In addition, $30 billion worth of four-week bills go up for auction today, along with $35 billion of eight-week bills.
Walmart turns four stores into e-commerce laboratories as online sales surge
Walmart is turning four of its stores into laboratories that test ways to turn the retailer's huge physical footprint into a more powerful edge for e-commerce. Walmart, like other retailers, has seen more of its sales shift online during the coronavirus pandemic. Walmart's e-commerce sales nearly doubled in the second quarter ended July 31. For this new effort, employees will use digital tools, store design features and different strategies that could speed up restocking shelves and fulfilling online orders. They will use new store signage and handheld devices to cut down the time it takes to pick an online order.
Sharp third-quarter growth will show the economy regaining ground, but it's still in a hole
Third quarter GDP is expected to grow at a sharp double digit pace, but the economy is still behind where it was earlier in the year and may be challenged by a lack of fiscal stimulus. "We will have recovered about 2/3 of the GDP we lost in the recession," said Mark Zandi, chief economist at Moody's Analytics. Zandi expects growth of an above consensus 35% for the third quarter. "I think most of that growth came at the end of the second quarter, coming into the third quarter. That's an opportunity to pass a package," Zandi said.
The US economy probably grew at record speed in the third quarter. But the crisis isn't over
New York (CNN Business) The US economy started bouncing back from the pandemic lockdowns over the summer months. That would be a sharp gain from the second quarter, when the economy shrunk a seasonally-adjusted 9%. And it comes after huge losses in the second quarter, when GDP collapsed at an annualized and seasonally-adjusted rate of 31.4% — the biggest drop on record. Either way, the economic crisis is not over, even if Thursday's data shows a jump in economic activity. "The huge GDP growth it will indicate is growth off a level severely depressed by a first-ever lockdown of much of the US economy.
LVMH snags $400 million discount on Tiffany deal after legal spat
The move now values Tiffany at $15.8 billion, $400 million less than the $16.2 billion originally agreed upon. LVMH announced in September that it would abandon its planned acquisition of Tiffany, which was expected to be the biggest luxury goods deal in history. The deal is expected to help LVMH better compete with rival Swiss jewelry seller Richemont by cementing its position in watches and jewelry. The deal, which must be approved by Tiffany shareholders, is expected to close early next year. "The LVMH and Tiffany saga seems to have finally come to an end," he added.
UK mortgage approvals hit 13-year high, consumer lending slides
Mortgage approvals for house purchase jumped to 91,454 in September from August’s already-high reading of 85,530, exceeding all forecasts in a Reuters poll of economists that had instead pointed to a decline. Activity in Britain’s housing market has rebounded sharply since the end of lockdown restrictions and was further fuelled when finance minister Rishi Sunak temporarily suspended property purchase taxes in July. Earlier this month, mortgage lender Halifax reported a 7.3% annual rise in house prices for September, the biggest increase since 2016. The rapid rebound in the property market contrasts with a gloomier picture for many other parts of Britain’s economy, which shrank by 20% in the three months to June. The housing market pick-up is likely to fade, Andrew Montlake, managing director of mortgage broker Coreco, said.
Merkel lashes out at populists who say coronavirus is harmless
BERLIN (Reuters) - Populists who argue the coronavirus is harmless are dangerous and irresponsible, German Chancellor Angela Merkel said on Thursday, defending a circuit break lockdown aimed at slowing the spread of the virus. It affects us all, without exception,” Merkel told the Bundestag lower house of parliament, adding new restrictions to reduce social contact were “necessary and proportionate”. She said populists who question the seriousness of the crisis were putting lives at risk. Worried hospitals will be overwhelmed, Merkel announced on Wednesday a month-long lockdown from Nov. 2 to include the closure of restaurants, gyms and theatres. “The winter will be hard - four long, hard months - but it will end,” said Merkel.
Airbus to stop burning cash, defends higher output plan
FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. Chief Executive Guillaume Faury said Airbus had learned much about how to adapt during the seven-month-old crisis. But suppliers worry in case Airbus is unable to meet the new goal, leaving them with bills for investing in new capacity. Some analysts expect Airbus to cut wide-body rates again after halving A350 output to five a month. Faury said Airbus had reactivated planning for a worst-case no-deal Brexit, though he did not expect this to be needed.
2020 U.S. ELECTION: What you need to know right now
FILE PHOTO: U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in their first 2020 presidential campaign debate held on the campus of the Cleveland Clinic at Case Western Reserve University in Cleveland, Ohio, U.S., September 29, 2020. -Biden would immediately consult with America’s main allies before deciding on the future of U.S. tariffs on China, seeking “collective leverage” to strengthen his hand against Beijing if he is elected president, Biden top advisers said. BY THE NUMBERS-Trump has pulled into a virtual tie with Biden in Florida, a Reuters/Ipsos opinion poll showed on Wednesday. INVESTOR VIEWWall Street could see sharp swings in trading after the election. But there are safeguards in place to keep the stock market or equity futures from sliding out of control.
Most Cathay Pacific pilots and cabin crew accept permanent pay cuts
SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd 0293.HK said on Thursday that a majority of pilots and flight attendants had signed new contracts that will result in permanent pay cuts. FILE PHOTO: A sign of Cathay Pacific is seen at its headquarters Cathay City in Hong Kong, China October 21, 2020. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion ($284 million). “We are very grateful that a majority of our pilots and cabin crew have already signed up to the new conditions of service,” the airline said in a statement. HKAOA General Secretary Chris Beebe last week told Reuters the decision to force pilots on to lower-paid contracts was “draconian” and “short-sighted”.
DuPont results, annual forecast beat estimates on cost-cutting push
FILE PHOTO: A view of the Dupont logo on a sign at the Dupont Chestnut Run Plaza facility near Wilmington, Delaware, April 17, 2012. REUTERS/Tim Shaffer(Reuters) - DuPont DD.N forecast annual profit above expectations on Thursday as a tight check on costs and a recovery in the automotive industry, one of its biggest markets, helped the industrial materials maker's quarterly results beat estimates. It forecast full-year profit of $3.17 to $3.21 per share, well above estimates of $3.03, according to Refinitiv data. Net sales forecast of $20.1 billion to $20.2 billion was at its midpoint, marginally above estimates of $20.1 billion. DuPont’s adjusted earnings per share of 88 cents for the quarter beat estimates of 75 cents.
China's premium car buyers drive VW back to profit
“The coronavirus remains a central problem,” Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. Volkswagen reiterated it expects to post a profit for the full year, saying its business “recovered noticeably” in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. Italian-American Fiat Chrysler Automobiles FCHA.MIFCAU.N and Peugeot manufacturer PSA Group PEUP.PA both also posted solid results this week.
Fickou shifted to the wing against Ireland as France look to win Six Nations
PARIS (Reuters) - Gael Fickou will be shifted from centre to the wing to make up for the absence of the injured Teddy Thomas as France look to win the Six Nations for the first time in 10 years when they take on Ireland on Saturday. France are third in the table on 13 points, behind England on points difference with Ireland on top with 14 points. “The message to the players was simple: we have the same chances to win the Six Nations as Ireland and England,” team manager Raphael Ibanez told a news conference. Against Wales, France were penalised 16 times, but Galthie said it was the result of his players being aggressive during a promising attacking display at the Stade de France. “Those 16 penalties show that we’re an aggressive team and we must remain an aggressive team.
Trump, Biden to take campaign battle to critical battleground: Florida
REUTERS/Jonathan ErnstOpinion polls show Biden with a significant edge nationally, but his lead is tighter in battleground states. Thousands of people have crowded together at recent Trump rallies, many eschewing masks despite public health recommendations. After his Tampa rally, Trump will head to another key battleground state, North Carolina, to stage an evening event in Fayetteville. In the battleground state of Pennsylvania, the Philadelphia prosecutor issued a stark warning for Trump campaign poll-watchers not to overstep their bounds as they search for voter fraud. The Trump campaign has said it is recruiting an “army” of 50,000 volunteers to monitor polling places, an effort Democrats say could suppress the vote.
Factbox: On climate, it's Biden's green revolution versus Trump's war on regulations
Biden supports research on high-tech nuclear energy that would be virtually emissions-free but could still have proliferation risks. Trump does not have a climate plan on his campaign website. In September he refused to acknowledge any role climate change has played in deadly wildfires that swept through the U.S. West. Like Biden, Trump supports advanced nuclear technology. Biden has said he will return the United States to a leadership role on climate change, assertively restoring a U.S. role in future climate negotiations to advance the goals of the Paris Climate Agreement.
Airbus to stop burning cash, defends higher output plan
Chief Executive Guillaume Faury said Airbus had learned much about how to adapt during the seven-month-old crisis. But suppliers worry in case Airbus is unable to meet the new goal, leaving them with bills for investing in new capacity. Some analysts expect Airbus to cut wide-body rates again after halving A350 output to five a month. Airbus is meanwhile steeling itself for an acrimonious divorce between Britain and the European Union as trade talks go down to the wire. Faury said Airbus had reactivated planning for a worst-case no-deal Brexit, though he did not expect this to be needed.
Upbeat earnings lift FTSE 100 after three-day selloff
(Reuters) - London’s FTSE 100 inched higher on Thursday as a clutch of positive earnings offered some respite after a three-day selloff due to concerns over surging global coronavirus cases. REUTERS/Neil Hall/File PhotoThe export-heavy FTSE 100 index .FTSE rose 0.3%, with oil major Royal Dutch Shell Plc RDSa.L jumping 2.1% after it posted a higher-than-expected quarterly profit and increased its dividend. Lloyds Banking Group Plc LLOY.L added 2.2% after the domestic lender posted a forecast-beating quarterly profit, boosted by a home-loan lending boom. Both the FTSE 100 and FTSE 250 are set for their biggest weekly declines since early June. In company news, BT Group Plc BT.L jumped 6% to the top of the FTSE 100 after Britain's biggest fixed-line and mobile operator raised the lower end of its annual profit forecast.
StanChart warns profit goal pushed back as pandemic bites
FILE PHOTO: A logo of Standard Chartered is displayed at its main branch in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File PhotoUnderscoring its improved near-term performance, StanChart said it may resume dividend payments when it releases full-year results in February. Despite the better-than-expected quarterly performance, the bank’s shares fell more than 5% in London as investors took note of the lender’s cautious outlook and its acknowledgement that the pandemic has pushed back its profit goals. StanChart said last month it would merge several businesses and cut its number of senior executives. Both StanChart and rival HSBC HSBA.L, whose shares have nearly halved in value this year, are also grappling with political uncertainty in Hong Kong, a key market for both.
More than a quarter of Britons worked from home last week: ONS
FILE PHOTO: People walk during the morning rush hour in the Canary Wharf amid the outbreak of the coronavirus disease (COVID-19) in London Britain, October 15, 2020. REUTERS/Hannah McKayLONDON (Reuters) - Twenty-nine percent of adults in Britain worked from home last week, the highest proportion since July, as more regions ramped up health restrictions in response to a resurgence of the COVID-19 pandemic, a survey showed on Thursday. The Office for National Statistics also said 7.5% of the workforce remained furloughed during the two weeks to Oct. 18, two weeks before the closure of the government’s Job Retention scheme.
Poland's total coronavirus cases top 300,000 after new daily record
FILE PHOTO: A health worker in protective suit gives a document to man, amid the coronavirus disease (COVID-19) outbreak, at a test center in front of a hospital in Warsaw, Poland October 27, 2020. REUTERS/Kacper PempelWARSAW (Reuters) - Poland reported another daily record of coronavirus infections and deaths on Thursday with new 20,156 cases and 301 deaths related to COVID-19. The health ministry said the total number of confirmed coronavirus infections has tripled in less than a month, exceeding 300,000. Government officials have warned infections could rise fast due to massive protests sweeping Poland following a Constitutional Court ruling last Thursday that has introduced a near total ban on abortions. No major protests are planned on Thursday but a mass gathering is scheduled in Warsaw on Friday.
How the U.S. early vote surge is shaping Trump, Biden endgames
FILE PHOTO: People arrive to cast their ballots just after sunrise during early voting in Celebration, Florida, U.S., October 25, 2020. The Trump campaign did not respond to questions about the importance of Election Day turnout to the president’s hopes of winning a second term. Biden’s campaign acknowledged that many, if not most, of its early voters would have shown up on Election Day anyway. “I ask you one little favor: get the hell out and vote,” Trump told thousands gathered in chilly Nebraska on Tuesday. The Biden campaign said most Democratic early voters were reliable supporters that the campaign had been counting on to cast ballots.
Euro zone faces risk of double dip recession, ECB supervisor says
FRANKFURT (Reuters) - The euro zone faces the risk of a double dip recession as new economic restrictions are put in place to contain the coronavirus pandemic, European Central Bank supervisor Kerstin af Jochnick said on Thursday. “The baseline scenario of our projections cannot be taken for granted and the possibility of a double-dip recession cannot be ruled out yet, as the new restrictions being implemented across the euro area to curb the current resurgence of COVID-19 cases will again increase uncertainty for households, corporates and banks,” she said.
TikTok owner ByteDance launches education technology brand Dali for China
BEIJING (Reuters) - Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major tech player looking to capitalise on the sector’s boom driven by the COVID-19 pandemic. FILE PHOTO: The logo of Bytedance, the China-based company which owns the short video app TikTok, is seen at its office in Beijing, China July 7, 2020. The brand independence of Dali Education is just the beginning of a long journey.”Demand for education technology grew during the coronavirus pandemic as widespread lockdowns in China and school closures forced students to take online classes from home for many months. ByteDance entered into the education sector in 2016 by investing in edtech startups and also developing education products on its own. Eight-year-old ByteDance’s revenue mainly comes from its Chinese short video app Douyin and news aggregator Jinri Toutiao.
Uber and HSBC wins help trading improve at ad group WPP
LONDON (Reuters) - Client wins with Uber, Alibaba and HSBC helped the world's biggest advertising company WPP WPP.L deliver an improvement in third-quarter underlying trading, particularly in Britain and the United States. FILE PHOTO: Branding signage is seen for WPP, the world's biggest advertising and marketing company, at their offices in London, Britain, July 17, 2019. Underlying net sales were down by 5.1% in North America, compared with a 10.2% drop in the second quarter, and down 6.5% in Britain, after a 23.3% plunge in the previous quarter. As a result, the company expects to deliver a full-year result within analyst forecasts of a drop between 8.5% and 10.7% in like-for-like net sales, with a midpoint of down 9.6%. Analysts said the results were ahead of expectations, but traders said the shares fell to a month low, down 3.5%, on the cautious outlook.
Xiaomi bucks trend of contracting China smartphone market in third quarter: Counterpoint
REUTERS/Valentyn OgirenkoSHANGHAI (Reuters) - China’s smartphone market continued its steady contraction in the third quarter, with shipments declining 14% year-on-year, research firm Counterpoint reported on Friday. Xiaomi Corp 1810.HK was the only brand to see growth in the quarter, with sales in China up 8% year-on-year. Its overall market share rose to 11% from 9% in the same period last year. Apple Inc AAPL.O and Huawei Technologies Co Ltd both saw sales decline, breaking a growth streak that lasted several quarters. Their overall shares of the market, however, remained relatively stable, with Apple at 8% and Huawei at 45%.
Five-month recovery of euro zone sentiment ends in October
BRUSSELS (Reuters) - A five month recovery of sentiment in the euro zone stalled in October as consumers and the services sector became more downcast about economic prospects with the increase in COVID-19 cases and restrictions, data showed on Thursday. The European Commission’s monthly survey showed sentiment in the 19 countries sharing the euro unchanged at 90.9 points this month, beating market expectations of a drop to 89.5 points. However, sentiment in services, the euro zone economy’s biggest sector producing some two thirds of gross domestic product, slipped to -11.8 from -11.2. Sentiment among consumers fell to -15.5 in October from -13.9 points in September, in line with the flash estimate released last week. Inflation expectations in industry improved to 0.6 from -1.3 and also rose among consumers, to 13.3 from 12.5 points in September.
Catering group Sodexo in talks on job cuts, sees further sales hit
(Reuters) - French catering and food services group Sodexo EXHO.PA said on Thursday it was in talks with employee representatives over its planned 2,083 job cuts, as it forecast a further revenue slump in a sector that was recovering but still hurt by the coronavirus crisis. FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. Sodexo announced the job cuts on Tuesday, saying they would represent less than 7% of its workforce and mainly affect its corporate services operation. Restructuring costs during its 2020 fiscal year more than quadrupled to 191 million euros as government support schemes across its regions come to an end. Sodexo decided not to propose a dividend for its 2020 fiscal year.
Shell raises dividend as CEO says oil output past peak
“We are starting a new era of dividend growth,” van Beurden told reporters in a call. Shell is planning a major restructuring as part of “a complete overhaul” to reduce greenhouse gas emissions to net zero by 2050. It named nine hubs for oil and gas production: Brazil, Brunei, Gulf of Mexico, Kazakhstan, Malaysia, Nigeria, Oman, Permian and Britain’s North Sea. “As a result of COVID-19, there continues to be significant uncertainty in the macroeconomic conditions with an expected negative impact on demand for oil, gas and related products,” Shell said in a statement. Shell had cut the value of its oil and gas assets, including Prelude, by $16.8 billion in the second quarter after sharply lowering its price outlook.
Britain pressed to follow French and German lockdowns as COVID rates surge
FILE PHOTO: A closed store is pictured, following the outbreak of the coronavirus disease (COVID-19), in Nottingham, Britain October 12, 2020. Steven Riley, the author of the study, said the government should decide quickly if it wanted to follow France and Germany. However Housing Minister Robert Jenrick said he did not think it was inevitable that the UK would follow France and Germany in imposing nationwide restrictions. German Chancellor Angela Merkel, who addressed parliament on Thursday, said her government had moved quickly to prevent intensive care facilities being overwhelmed. The United States has also seen a surge in new coronavirus cases in the run up to next week’s presidential election, with more than 80,000 new cases and 1,000 deaths reported on Wednesday.
Oil extends losses with 4% slump on renewed lockdowns
LONDON (Reuters) - Oil prices fell 4% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. FILE PHOTO: An oil refinery and storage facility is pictured south of downtown Houston January 30, 2012. “[We] believe it is increasingly unlikely that oil production will be stepped up from January,” Commerzbank said. Rising Libyan oil production is also weighing on sentiment. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slams Louisiana.
Britain says it is doing everything it can to avoid national lockdown
LONDON (Reuters) - Britain will do everything it can to avoid ordering a second national COVID-19 lockdown because it believes it will do more harm than good to the country, a minister said on Thursday. FILE PHOTO: Britain's Secretary of State for Housing, Communities and Local Government Robert Jenrick walks outside Downing Street in London, Britain, September 30, 2020. “The judgement of the government today is that a blanket national lockdown is not appropriate, would do more harm than good,” he told Times Radio. British data showed there were 9,520 patients in hospital with COVID, the highest level since May 14. “That’s where I think that the big risk lies now,” Nabarro told the BBC.
Canada dry? Cannabis-infused drinks fizzle due to production, distribution challenges
Canada at the start of this year allowed sales of so-called Cannabis 2.0 products, which include edibles, vapes and drinks. GETTING IT RIGHTTechnical issues involving basic chemistry have also slowed bringing some of these THC-infused beverages to market. It now controls more than 70% of the cannabis-infused drinks market, a company spokeswoman said. The company has sold close to 2 million cans of its THC-infused beverages in Canada since March. The top three cannabis beverages in Canada are all Canopy products, the spokeswoman added.
Analysis: Exchanges, retail brokers, say they are ready for any post-U.S. election volatility
NEW YORK (Reuters) - Exchanges and retail brokers, under scrutiny after recent outages within their industries, have spent months planning for Election Day. In August, cyberattacks hit New Zealand's stock exchange NZX.NZ, and in July, a Deutsche Boerse DB1Gn.DE trading platform was briefly hobbled for the second time since April. Nasdaq executives began looking ahead to the Nov. 3 election in March after the coronavirus pandemic whipsawed markets and sent trading volumes soaring, he said. “This was done to ensure adequate liquidity and broker coverage in anticipation of potential expanded volumes and volatility around the election,” said a Cboe spokeswoman. Intercontinental Exchange Inc's ICE.N New York Stock Exchange said it does regular testing but has not taken any special election-related measures.
Cenovus Energy posts third straight quarterly loss on virus-induced oil crash
FILE PHOTO: Rows of steam generators line a road at the Cenovus Energy Christina Lake Steam-Assisted Gravity Drainage (SAGD) project 120 km (74 miles) south of Fort McMurray, Alberta, Canada, August 15, 2013. REUTERS/Todd Korol/File Photo(Reuters) - Canadian oil and gas producer Cenovus Energy Inc CVE.TOCVE.N reported its third straight quarterly loss on Thursday, hurt by a slump in crude prices and crash in fuel demand caused by the COVID-19 pandemic. Cenovus said total quarterly production rose 5.2% to 471,799 barrels of oil equivalent per day (boepd). The Calgary, Alberta-based company recorded a net loss of C$194 million ($147.13 million) or 16 Canadian cents per share, for the third quarter ended Sept. 30, compared with a year-ago profit of C$187 million, or 15 Canadian cents per share. ($1 = 1.3186 Canadian dollars)
German unemployment falls sharply before partial lockdown
BERLIN (Reuters) - German unemployment fell much more than expected in October and demand for job protection schemes kept declining as the labour market in Europe’s largest economy continued to recover from the first wave of the coronavirus pandemic. The number of people out of work fell by 35,000 in seasonally adjusted terms to 2.863 million, the data showed, far more than a 5,000 drop forecast in a Reuters poll. “Unemployment and underemployment fell sharply in October. The use of short-time work continues to decline,” Labour Office head Detlef Scheele said. “This will hit the labour market, but it won’t collapse,” Scheele said.
Activists urge 'Big Pharma' to be transparent on COVID-19 vaccine costs
GENEVA (Reuters) - Activists called on pharmaceutical companies on Thursday to be transparent about the costs and terms of providing COVID-19 vaccines, saying they must be available and affordable for all. FILE PHOTO: A woman holds a small bottle labeled with a "Vaccine COVID-19" sticker and a medical syringe in this illustration taken April 10, 2020. REUTERS/Dado RuvicFrench drugmaker Sanofi and Britain’s GlaxoSmithKline said on Wednesday they would supply 200 million doses of their COVID-19 candidate vaccine to the global COVAX vaccine facility backed by the World Health Organization (WHO) and the GAVI vaccine alliance. No company has shared information on research and development, clinical trials or manufacturing costs of potential COVID-19 vaccines, MSF said, adding this was vital for the public to assess prices set. Human Rights Watch, in a separate report, said governments funding vaccines with public money should be transparent about terms and conditions attached.
Global stocks steady after second-wave turmoil
LONDON (Reuters) - European stocks and commodity markets struggled to stabilise on Thursday, after a return to national lockdowns in some of the region’s biggest economies triggered the most brutal global selloff in months. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 27, 2020. The common currency hit a 10-day low on the dollar and a hundred-day low on the yen on Wednesday, before recovering slightly. In the currency markets, the U.S. dollar edged up slightly and riskier currencies remained subdued. Japan’s yen was broadly steady after the Bank of Japan’s subdued message on the economy.
UK mortgage approvals hit 13-year high, consumer lending slides
Mortgage approvals for house purchase jumped to 91,454 in September from August’s already-high reading of 85,530, exceeding all forecasts in a Reuters poll of economists that had instead pointed to a decline. Activity in Britain’s housing market has rebounded sharply since the end of lockdown restrictions and was further fuelled when finance minister Rishi Sunak temporarily suspended property purchase taxes in July. Earlier this month, mortgage lender Halifax reported a 7.3% annual rise in house prices for September, the biggest increase since 2016. The rapid rebound in the property market contrasts with a gloomier picture for many other parts of Britain’s economy, which shrank by 20% in the three months to June. The housing market pick-up is likely to fade, Andrew Montlake, managing director of mortgage broker Coreco, said.
In Nepal's capital, sole crematorium for COVID victims becomes busier
A health worker inside a booth collects swap from a man as he takes a polymerase chain reaction (PCR) test for the coronavirus disease (COVID-19) in Kathmandu, Nepal October 9, 2020. “Initially there were not many, hardly five or six, and sometimes none at all for days,” Kharel said. Latest government figures show Nepal’s total cases stood at 162,354, including 887 deaths. The old, densely populated city of Kathmandu and its temple studded valley account for 44 percent of Nepal’s infections and more than one-thirds of deaths. Kharel waited grimly for more victims to arrive at the crematorium.
Canada dry? Cannabis-infused drinks fizzle due to production, distribution challenges
Canada at the start of this year allowed sales of so-called Cannabis 2.0 products, which include edibles, vapes and drinks. GETTING IT RIGHTTechnical issues involving basic chemistry have also slowed bringing some of these THC-infused beverages to market. It now controls more than 70% of the cannabis-infused drinks market, a company spokeswoman said. The company has sold close to 2 million cans of its THC-infused beverages in Canada since March. The top three cannabis beverages in Canada are all Canopy products, the spokeswoman added.
Uber and HSBC wins help trading improve at ad group WPP
LONDON (Reuters) - Client wins with Uber, Alibaba and HSBC helped the world’s biggest advertising company WPP deliver an improvement in third-quarter underlying trading, particularly in Britain and the United States. FILE PHOTO: A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. Underlying net sales were down by 5.1% in North America, compared with a 10.2% drop in the second quarter, and down 6.5% in Britain, after a 23.3% plunge in the previous quarter. As a result, the company expects to deliver a full-year result within analyst forecasts of a drop between 8.5% and 10.7% in like-for-like net sales, with a midpoint of down 9.6%. Analysts said the results were ahead of expectations, but traders said the shares fell to a month low, down 3.5%, on the cautious outlook.
Oil extends losses with 4% slump on renewed lockdowns
LONDON (Reuters) - Oil prices fell 4% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. FILE PHOTO: Shell's Brent Delta oil platform is towed into Hartlepool, Britain May 2, 2017. “[We] believe it is increasingly unlikely that oil production will be stepped up from January,” Commerzbank said. Rising Libyan oil production is also weighing on sentiment. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slams Louisiana.
TikTok owner ByteDance launches education technology brand Dali for China
BEIJING (Reuters) - Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major tech player looking to capitalise on the sector’s boom driven by the COVID-19 pandemic. Logos of Bytedance, the China-based company which owns the short video app TikTok, or Douyin, are seen on a strap of an employee card, in Beijing, China August 13, 2020. The brand independence of Dali Education is just the beginning of a long journey.”Demand for education technology grew during the coronavirus pandemic as widespread lockdowns in China and school closures forced students to take online classes from home for many months. ByteDance entered into the education sector in 2016 by investing in edtech startups and also developing education products on its own. Eight-year-old ByteDance’s revenue mainly comes from its Chinese short video app Douyin and news aggregator Jinri Toutiao.
EU eyes tighter grip on data in ‘tech sovereignty’ push – POLITICO
Breton's push was bolstered by the EU's top court stricking down Brussels' transatlantic data flows deal with the U.S., called Privacy Shield, in July because of fears over privacy. AdvertisementRestrictions on data flows are not the only rules in the act that indicate Europe's changing tack. The proposal includes requirements for providers of “data sharing services” and companies engaged in collecting data for “data altruism activities” to be legally established in the EU or EEA. "[Our stance] has not changed with the judgment, we believe in free data flows," Sauer said. Speaking at the same event as Sauer, James Sullivan, a key U.S. negotiator for a revived U.S.-EU data flows deal, said vocal backing of data sovereignty in Brussels was not helpful in keeping transatlantic data flows alive.
Xiaomi bucks trend of contracting China smartphone market in Q3: Counterpoint
REUTERS/Valentyn Ogirenko/FilesSHANGHAI (Reuters) - China’s smartphone market continued its steady contraction in the third quarter, with shipments declining 14% year-on-year, research firm Counterpoint reported on Friday. Xiaomi Corp was the only brand to see growth in the quarter, with sales in China up 8% year-on-year. Its overall market share rose to 11% from 9% in the same period last year. Apple Inc and Huawei Technologies Co Ltd both saw sales decline, breaking a growth streak that lasted several quarters. Their overall shares of the market, however, remained relatively stable, with Apple at 8% and Huawei at 45%.
Trump's stock market: A wild four years
(Reuters) - The Trump rally, a trade war, and then a crippling pandemic: The four years since President Donald Trump’s 2016 election victory have been a period like no other for the U.S. stock market. Overall, the strongest stock market performance since the 1980s was under Democratic President Bill Clinton, while the weakest was under Republican President George W. Bush. However, stock market performance over the past four decades reflects no obvious benefit from Republican versus Democratic presidents. Stock market volatility since the start of the 1980s hit a high during the four years after Obama’s first victory, before settling down in his second four years. Graphic: Stock market swings under different Presidents
Sensex, Nifty fall on weak earnings, virus-led global pessimism
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas/FilesAhead of the October derivatives expiry, the Nifty closed down 0.5% at 11,670.8 and the Sensex ended 0.43% lower at 39,749.85. The Nifty financials index closed 0.7% lower and the Nifty consumer goods index declined 0.96%. Watchmaker Titan Co slid 2.6% after the company reported a drop in quarterly profit on Wednesday. Telecom company Vodafone Idea is among the companies reporting earnings later in the day.
IndiGo posts record quarterly loss on pandemic hit
FILE PHOTO: An IndiGo Airlines Airbus A320 aircraft takes off in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau/File PhotoBENGALURU (Reuters) - Interglobe Aviation Ltd, the operator of India’s largest airline IndiGo, reported its biggest quarterly loss on Thursday as travel curbs still in place to control the spread of the coronavirus hammered the aviation industry. The company logged a net loss of 11.95 billion rupees ($161.61 million) for the second quarter ended Sept. 30, compared with a loss of 10.66 billion rupees last year. Revenue from operations plunged 66% to 27.41 billion rupees, the airline operator said. ($1 = 73.9430 rupees)
Conservative Columnist Says There’s Only One Way To Save The GOP
The Republican Party can now only be saved in one extreme way, conservative columnist Max Boot argued in his new op-ed for The Washington Post. And that is by completely destroying it to remove any vestige of President Donald Trump. “The GOP needs to be detoxified and de-Trumpified,” Boot declared. Boot, a longtime Republican who has endorsed Democratic nominee Joe Biden, said he’d “watched with incredulity” the descent “into collective madness” of the party he left following Trump’s 2016 election win. “The only way Republicans will come to their senses is if they see that the path they are on leads to electoral oblivion.”Read the full column here.
Is It Safe To Host Thanksgiving Dinner During The COVID-19 Pandemic?
To decrease the chances of transmitting COVID-19, experts advise planning a low-risk Thanksgiving celebration. There is no “ideal” number of guests, but Gorbach warned that as the guest list increases, so do the odds of transmitting COVID-19. Remember to wear a mask, practice social distancing and wash your hands regularly when you’re away from home. Even outdoors, it’s still important to maintain social distancing and wear a mask, Nuño said. Practice social distancing, alwaysSkip the hugs and handshakes and encourage social distancing.
POLITICO Playbook: NEW: Pelosi leaves the Covid relief blame on Trump’s doorstep
POLITICO Playbook: NEW: Pelosi leaves the Covid relief blame on Trump’s doorstep Presented bySpeaker Nancy Pelosi is suggesting Treasury Secretary Steven Mnuchin and the administration owe her answers on nearly every contentious issue in the Covid relief package. AND THIS MORNING, we have a brand new letter Speaker NANCY PELOSI sent to Treasury Secretary STEVEN MNUCHIN. IN OTHER WORDS, PELOSI is suggesting MNUCHIN and the administration owe her answers on nearly every contentious issue in the Covid relief package. WHY DOES THIS MATTER 5 DAYS before ELECTION DAY? Some experts project that turnout could hit 12 million by Election Day.
What Is The Internet Doing To Boomers’ Brains?
What it has not produced, however, is a satisfying answer to a simple question: What is the internet doing to our parents’ brains? Older Americans falling prey to internet conspiracy theories, in other words, could be just another side effect of American inequality. If younger Americans are digital natives, older Americans are digital refugees, drifting onto social media platforms slowly and haphazardly. Social media also amplifies what researchers call the “illusory truth effect” — the more times you hear something, the truer it seems. Keeping them from stumbling across conspiracy theories, however, only takes a government willing to regulate and social media companies willing to curate.
Volkswagen returns to profit as global auto markets recover
FILE - In this Monday, April 20, 2020 file photo, cars are lined up at a Volkswagen car dealer in Essen, Germany. German automaker Volkswagen says it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. (AP Photo/Martin Meissner, File)FILE - In this Monday, April 20, 2020 file photo, cars are lined up at a Volkswagen car dealer in Essen, Germany. German automaker Volkswagen says it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. A key driver of the rebound was China, Volkswagen Group’s single largest market, where sales rose 3% over the entire July-September quarter.
Health contractors vetted stars’ politics for US virus ad
Public relations firms hired by the Department of Health and Human Services vetted the political views of hundreds of celebrities, including Aguilera, Lopez, and Black, for a health education advertising campaign on the coronavirus outbreak. “I have ordered a strategic review of this public health education campaign that will be led by our top public health and communications experts to determine whether the campaign serves important public health purposes,” Azar told the subcommittee, which is investigating the federal government’s response to the coronavirus outbreak . Because public health policy around the coronavirus pandemic has become so politically polarized, it’s unclear how well a confidence-building campaign from the government would play. And Trump has alienated much of the medical establishment with his dismissive comments about basic public health measures, such as wearing masks . Antony and Quaid were among just a few celebrities who were approved for the campaign, according to the documents.
Merkel warns Germans of a ‘difficult winter’ as virus surges
German Chancellor Angela Merkel delivers a speech about German government's policies to combat the spread of the coronavirus and COVID-19 disease at the parliament Bundestag, in Berlin, Germany, Thursday, Oct. 29, 2020. (Photo/Markus Schreiber)BERLIN (AP) — Chancellor Angela Merkel told Germans to expect a “difficult winter” as the number of newly reported coronavirus cases in the country hit a new high. ADVERTISEMENTMerkel told lawmakers that Germany is in a “dramatic situation” as it goes into winter, which she said would be “four long, difficult months. Merkel said democratic debate about the virus restrictions was important, but blasted some critics who have claimed the German government is exaggerating the threat of the virus. “Lies and disinformation, conspiracies and hatred damage not just the debate but also the battle against the virus,” she said.
Postcards From Americans: What Motivates People To Vote
Postcards From Americans: What Motivates People To VoteEnlarge this image toggle caption Katie Hayes Luke Katie Hayes LukeAfter the 2016 presidential election, photographer Katie Hayes Luke felt that media coverage of the 2016 election and the apparent surprise about the results indicated a disconnect between the public narrative and the voters' private views. In 2017, Hayes Luke started the project Postcards From Americans. Enlarge this image toggle caption Katie Hayes Luke Katie Hayes LukeEnlarge this image toggle caption Katie Hayes Luke Katie Hayes LukeKatie Hayes LukeEnlarge this image toggle caption Katie Hayes Luke Katie Hayes Luketoggle caption Katie Hayes LukeKatie Hayes Luketoggle caption Katie Hayes LukeHow long did you spend working on this project? Enlarge this image toggle caption Katie Hayes Luke Katie Hayes Luketoggle caption Katie Hayes LukeEnlarge this image toggle caption Katie Hayes Luke Katie Hayes Luketoggle caption Katie Hayes LukeEnlarge this image Katie Hayes Luke Katie Hayes Luketoggle caption Katie Hayes LukeAny interesting experiences you would like to share? toggle caption Katie Hayes Luketoggle caption Katie Hayes LukeEnlarge this image toggle caption Katie Hayes Luke Katie Hayes Luketoggle caption Katie Hayes LukeKatie Hayes LukeKatie Hayes LukePhotographer Katie Hayes Luke will continue to work on the project up until the 2020 presidential election.
Pandemic Means Closing Time For Many New York City Restaurants And Bars
Pandemic Means Closing Time For Many New York City Restaurants And BarsEnlarge this image toggle caption Camille Petersen Camille PetersenNitecap, a bar in Manhattan's Lower East Side, did not have a big party to say goodbye. Nitecap was not able to do outdoor dining, so its revenue stayed low for months, and rent debts piled up. Some city restaurants have added year-round outdoor dining, others are serving indoors at 25% capacity. And, because the outdoor dining that had been keeping Pado afloat did not seem viable in winter. As debts keep piling up and winter approaches, restaurants in the city are up against stubborn math.
I filed for bankruptcy after rehabbing my husband’s home. Now he wants an open marriage and says I own nothing. I feel trapped and bamboozled
Once the bankruptcies were done, my spouse asked me for an open marriage! Can I force him to pay for the car even if the loan is in my name? To that end, I’m stuck on the word “rehab.” If you paid money toward the mortgage or financially helped to renovate the house itself, it’s likely that the property moved from being separate property to marital property. In some states, debts acquired during the marriage are considered marital property and a court may take that total figure into account when dividing your assets. “This is especially true if your spouse was the one who filed for divorce in the first place.
Heathrow boss hopeful of London-New York air bridge by Thanksgiving
The boss of Heathrow Airport has urged the U.K. government to speed up talks with the U.S. over creating a “pilot air bridge” in time for Thanksgiving on Nov. 26. Around 19 million passengers used Heathrow in the first nine months of the year, down 69% from 61 million in the same period last year. That compares with 19.3 million passengers who used Charles de Gaulle in the French capital, a 67% fall from the 58 million it had in 2019. Last week, Heathrow launched the U.K.’s first pre-departure testing facility, allowing passengers flying from Heathrow to Hong Kong and Italy to get rapid COVID-19 tests before checking in. In October, Heathrow raised an additional £1.4 billion in the global bond markets.
UPS stock suffers worst day in nearly 6 years after a big profit beat was offset by margin concerns
The stock UPS, -8.81% tumbled 8.8% to $155.78, the lowest close since Aug. 6, and the biggest one-day plunge since it lost 9.9% on Jan. 23, 2015. Don’t miss: UPS stock rises after UBS analyst turns bullish a day before earnings. Revenue grew 15.9% to $21.24 billion, which was about $1 billion above the FactSet consensus. However, operating profit for that segment actually fell, by 9.7% to $1.10 billion. What also hurt the bottom line was that productivity was below expectations, which resulted from having 40,000 new employees and increased employee turnover.
Coronavirus tally: Global cases of COVID-19 44.5 million, 1.17 million deaths and U.S. nears 228,000 fatalities
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 44.5 million on Thursday, according to data aggregated by Johns Hopkins University, while the death toll rose to 1.17 million. The U.S. has the highest case total at 8.9 million and deaths at 227,700. Brazil has the second highest death toll at 158,456 and is third by cases at 5.5 million. Mexico has the fourth highest death toll at 90,309 and ninth highest case tally at 906,863. The U.K has 45,765 deaths, the highest in Europe and fifth highest in the world, and 945,378 cases.
DuPont beats adjusted profit, revenue expectations and provides upbeat outlook
DuPont de Nemours Inc. DD, -2.51% swung to a third-quarter net loss, but reported an adjusted profit that beat and revenue that fell less than expectation and provided an upbeat full-year outlook. The net loss was $79 million, or 11 cents a share, after net income of $372 million, or 50 cents a share, in the year-ago period. Excluding non-recurring items, such as impairment charges, adjusted earnings per share fell to 88 cents from 96 cents, but was above the FactSet consensus of 75 cents. Sales fell 6.1% to $5.10 billion, with the COVID-19 pandemic negatively impacting key industrial markets, but was above the FactSet consensus of $5.01 billion. Among DuPont's business segments, electronics and imaging sales rose 7%, while nutrition and biosciences sales fell 4%, transportation and industrial sales declined 14% and safety and construction sales dropped 6%.
GE stock jumps as investors cheer surprise adjusted profit and positive free cash flow
Shares of General Electric Co. charged higher Wednesday, as the industrial conglomerate pleasantly surprised investors by reporting a third-quarter adjusted profit and positive free cash flow. The stock GE, +4.50% rallied 4.5% to $7.42 on very heavy volume of 251.5 million shares. GE shares have now run up 19.1% in October, enough to make it the best month-to-date performer in the SPDR Industrial Select Sector exchange-traded fund XLI, -3.28% , which is down 2.7% this month. Don’t miss: GE stock has been on a tear ahead of earnings, as analysts tout it as a COVID-19 vaccine play. And Culp said he expected fourth-quarter FCF of positive $2.5 billion and expects positive FCF in 2021.
My father left me money for a house — and my husband put his name on the deed. How do I ensure it goes to our kids?
My husband never told me about this money, and he spent all of it before I found out he even received his inheritance. Within 30 days of receiving my inheritance, I purchased a home with the proceeds, and my husband talked me into putting his name on the deed. How would I go about making sure that my kids will have this home as an inheritance, assuming I predecease my husband? Inheritance is usually separate property. But if you use marital funds to improve the property, it becomes community or marital property.
Alphabet Reports Earnings Today. Here’s What to Know.
Days after the Justice Department launched a landmark antitrust civil action against Alphabet, the company is set to report its third-quarter earnings Thursday after the close. Citi Research analyst Jason Bazinet wrote in a note to clients last week that the Justice Department suit casts a wide net and claims all of Alphabet’s search agreements are illegal. According to multiple reports, the payments to Apple totaled about $1 billion in 2014, and have evidently risen steadily since. In accounting parlance, the Apple payments are considered traffic acquisition costs, or TAC, which analysts watch closely. Of the analysts that cover Alphabet, 39 analysts rate the stock a Buy, and four have a Hold.
Global Stocks Stabilize After Pounding Over Europe’s Second Lockdown
Asian stocks dropped while European equities edged higher on Thursday, as traders awaited earnings from technology titans while a new wave of Covid-19 cases leads to tighter restrictions in Europe’s largest economies. The Nikkei 225 slipped 0.4% in Tokyo, the Hang Seng lost 0.5%, and the S&P/ASX 100 dropped 1.6% in Sydney. Germany and France separately introduced new one-month restrictions to counter a wave of coronavirus cases in Europe. Another surge in new users boosted Pinterest, which is set to rally after reporting better-than-expected profit and sales numbers. Royal Dutch Shell rose in London, as the oil major’s third-quarter earnings came in well ahead of estimates.
Here are five stocks to own for the 5G network buildout
Apple has finally rolled out 5G iPhones. This points to a multiyear effort to build actual working 5G networks. Here are five small-cap companies that Cuellar believes are primed to take advantages of “a good multiyear spending environment” for 5G network construction, sorted alphabetically. InphiInphi Corp. IPHI, -2.55% provides components for companies that make network equipment for telecommunications carriers and data center operators. Cuellar said Inphi’s management expects 5G spending by its customers to “ramp hard” in 2022.
Is England heading for another lockdown? Here’s what you need to know
The UK government is doing "everything" to avoid a full national lockdown but has not ruled out a short-term circuit breaker lockdown in England. “The very clear policy of the government is to do everything we can to avoid a full national lockdown,” housing minister Robert Jenrick told Sky News today. READ France will go back into a nationwide lockdown until December, Macron saysA circuit breaker, which is a two-to three-week lockdown, would ban households mixing and pubs, restaurants and entertainment venues would be forced to close. Jenrick said a circuit breaker lockdown would likely be "for a number of weeks" and need to be "repeated regularly". Prime Minister Boris Johnson has repeated on multiple occasions that he wants to avoid a national lockdown, although he did not rule it out.
Macron Puts France Under Full Lockdown. What You Need to Know.
Warning that the second wave of the coronavirus pandemic engulfing France might be “harder and deadlier” than its initial outbreak, President Emmanuel Macron announced on Wednesday that the country would be subjected to a full lockdown from Friday until the end of November. France has been one the European nations worst hit by the unexpected strength of the second wave. The French president noted that the official number of daily new infections, currently at between 40,000 and 50,000, probably underestimates the real situation by half. Still, Macron encouraged the French to work from home, albeit with more “intensity” than during the first lockdown. The French president also said that France’s borders would be closed to foreign travelers from Friday, but would remain open to visitors from those European countries belonging to the Schengen free-travel area.
Tempur Sealy's stock set to rally after stock split, dividend plans and big profit beat
The stock split will go into effect in the fourth quarter of 2020 to make the shares "more accessible to new investors" and improve liquidity; the stock closed Wednesday at $86.90. The company said it also boosted its stock repurchase program by $170 million to $300 million. Separately, net income rose to $121.4 million, or $2.29 a share, from $73.3 million, or $1.31 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to $2.94, above the FactSet consensus of $2.20. Sales rose 37.9% to $1.13 billion to beat expectations of $1.07 billion.
How to Use the Election to Buy Stocks at a Bargain Price
Should the stock market tumble on the election results, sell cash-secured put options on stocks that you want to buy, or on stocks that you own and want to own more of. Should the stock price decline to the put strike price at expiration, investors are obligated to buy the stock. Should the stock be above the strike price at expiration, investors get to keep the money. Should that happen, investors must buy back the put or buy the stock at the strike price. Use options to monetize investor fear and to potentially buy stocks at lower prices.
How to Use the Election to Buy Stocks at a Bargain Price
Should the stock market tumble on the election results, sell cash-secured put options on stocks that you want to buy, or on stocks that you own and want to own more of. Should the stock price decline to the put strike price at expiration, investors are obligated to buy the stock. Should the stock be above the strike price at expiration, investors get to keep the money. Should that happen, investors must buy back the put or buy the stock at the strike price. Use options to monetize investor fear and to potentially buy stocks at lower prices.
Global Stocks Stabilize After Pounding Over Europe’s Second Lockdown
Text sizeAsian stocks dropped while European equities edged higher on Thursday, as traders awaited earnings from technology titans while a new wave of Covid-19 cases leads to tighter restrictions in Europe’s largest economies. The Nikkei 225 slipped 0.4% in Tokyo, the Hang Seng lost 0.5%, and the S&P/ASX 100 dropped 1.6% in Sydney. Germany and France separately introduced new one-month restrictions to counter a wave of coronavirus cases in Europe. Another surge in new users boosted Pinterest, which is set to rally after reporting better-than-expected profit and sales numbers. Royal Dutch Shell rose in London, as the oil major’s third-quarter earnings came in well ahead of estimates.
Pinterest projects 60% sales growth in fourth-quarter as ad sales rebound
The forecast, which the company termed an 'informal' one, compares to a 35% growth modeled by Wall Street analysts, according to Refinitiv data. Shares of the company, which also beat third-quarter sales estimates, jumped 28% to $63.05 in extended trading. Pinterest said it benefited as advertisers redirected spending to its platform following a social media ad boycott campaign that began in July. Monthly active users jumped 37% to 442 million during the third quarter. Pinterest's total revenue jumped 58% to $443 million, well ahead of analysts' estimates of $383.5 million.
Trump hints at stopping "powerful" big tech in latest 'get out the vote' tweet
The not-so-subtle suggestion being that a vote for Trump is a vote to break up the likes of Facebook, Google and Twitter . In the video Trump signposts the DoJ's antitrust suit against Google -- ending with a call to his supporters to get out the vote. Story continuesThe big difference this time around is that 'big tech' is rather more alive to the reputational risks to their platforms and companies if they're found ignoring another orchestrated episode of election interference. "Big tech has to be spoken to and probably in some form has to be stopped," is the closest he gets to an actual policy position here. That then means these very same 'big tech' platforms tend to amplify Republican messaging -- certainly of the Trumpian flavor, i.e.
What Macron Putting France Under Full Lockdown Will Mean for Its Economy
Text sizeWarning that the second wave of the coronavirus pandemic engulfing France might be “harder and deadlier” than its initial outbreak, President Emmanuel Macron announced on Wednesday that the country would be subjected to a full lockdown from Friday until the end of November. France has been one the European nations worst hit by the unexpected strength of the second wave. The French president noted that the official number of daily new infections, currently at between 40,000 and 50,000, probably underestimates the real situation by half. Still, Macron encouraged the French to work from home, albeit with more “intensity” than during the first lockdown. The French president also said that France’s borders would be closed to foreign travelers from Friday, but would remain open to visitors from those European countries belonging to the Schengen free-travel area.
Republicans used a Senate hearing to criticize tech CEOs for fact-checking Trump's posts before the election
ReutersSenate Republicans berated the CEOs of Facebook, Twitter, and Google on Wednesday, claiming that the tech companies discriminated against conservatives with policies against misinformation related to COVID-19 and mail-in voting. Instead, it focused on the tech companies' steps to fact-check false claims posted by President Donald Trump, which Republicans said amounted to censorship. Meanwhile, Democrats voiced concerns that tech companies would be too willing to bend to Republicans' wishes in the week leading up to the election. They further claimed that tech companies are primarily staffed by liberal-leaning employees — an assertion that Dorsey and Pichai denied but Zuckerberg said may be true. Democrats at the hearing slammed Republicans for their lines of questioning, accusing them of politicizing the hearing to pressure tech companies not to take action against Trump's posts.
Sexy Halloween costumes are 'almost unsellable': Here what's most popular (and unpopular) this season
The Joe Exotic Tiger Honey Costume, left, and the Joe Exotic Costume are top-sellers at 3 Wishes. (Photos: 3 Wishes)The "Tiger King"-inspired Sexy Joe Exotic Costume is popular this season. The Avengers: Endgame Black Panther Deluxe Child Costume based off Chadwick Boseman's famous character is popular at Rubie's Costume Company. (Photos: Rubie's Costume Company)Rubie's Inflatable Adult T-Rex Costume was a viral sensation in 2020. (Photo: Party City)Essential workers are popular inspirations this Halloween season, such as with this popular Girls Doctor Costume.
Louise Redknapp: I won't tone down sexy videos for my kids
Louise Redknapp won't tone down her sexy music videos just because htey embarass her sons. (Getty Images)Louise Redknapp has said she will not tone down her raunchy music videos, however much they might embarrass her teenage sons. Jamie Redknapp and Louise Redknapp split in 2017 after 19 years of marriage. Louise Redknapp enjoyed being at home during lockdown after touring. Watch: Louise Redknapp discuss her marriage split
The Stimulus Deal Is On Pause Until After Election Day — Now What?
Congressional lawmakers appear to have thrown in the towel on efforts to help boost the ailing United States economy through a second stimulus package — that is, until after Election Day. That left coronavirus-related relief as the only major legislative goal on Congress’ plate ahead of the election. Both parties have said that they favor providing another round of direct payments to individuals and families, as well as continuing additional unemployment benefits, though they have differed significantly on amounts. The Senate is scheduled to be back in session on Nov. 9 — a week after the election — while House members are not slated to return until Nov. 16. Separately, any stimulus proposal would likely get a vote during a lame-duck session, as some members who return to their chambers following the election will not be in the next Congress.
Who do Americans blame for lack of second stimulus deal? Here’s what a new poll shows
Democrats, Republicans and the White House have been unable to reach a deal on a second stimulus package for months. Meanwhile, Senate Republicans have balked at the costs from the Democrats’ and the White House’s plans, instead proposing their own $500 billion bill — which Democrats blocked. When asked who is “mostly to blame for the lack of an agreement on an economic relief bill,” 45% of the 923-voter group answered Republicans and Trump while 40% answered Democrats. Meanwhile, 71% of Democratic or Democratic-leaning respondents answered Trump and Republicans are to blame and 17% answered congressional Democrats. Among Democratic or Democratic-leaning voters, 43% said Republicans are mostly to blame, 28% answered Trump and 15% answered Democrats.
Republican Sen. Mike Lee said fact-checking is a form of censorship
Republican Sen. Mike Lee of Utah defined censorship during a Senate hearing with the CEOs of Twitter, Facebook, and Google. Tasos Katopodis/Getty ImagesDuring a Senate hearing on Wednesday, Republican Sen. Mike Lee said fact-checking is a form of censorship. All three CEOs defended their policies, saying they are intended to be applied equally to anyone that violates their content policies, regardless of political opinions. During a Senate hearing on Wednesday, Republican Sen. Mike Lee said fact-checking is a form of censorship. Senate Republicans said the companies had discriminated against conservative views on their platforms.
WRAPUP 1-Britain pressed to follow French and German lockdowns as COVID rates surge
Prime Minister Boris Johnson's government has so far tried to avoid a nationwide lockdown, opting instead for a tiered system of local controls intended to tighten measures in affected regions while leaving others less restricted. Steven Riley, the author of the study, said the government should decide quickly if it wanted to follow France and Germany. "And sooner is better than later for these," Riley, a professor of infectious disease dynamics, told the BBC. However Housing Minister Robert Jenrick said he did not think it was inevitable that the UK would follow France and Germany in imposing nationwide restrictions. German Chancellor Angela Merkel, who addressed parliament on Thursday, said her government had moved quickly to prevent intensive care facilities being overwhelmed.
Here comes the best GDP report on record*: Morning Brief
ET: Tapestry ( TPR ) is expected to report adjusted earnings of 22 cents per share on revenue of $1.07 billion7:00 a.m. ET: Shopify ( SHOP ) is expected to report adjusted earnings of 52 cents per share on revenue of $663.5 million7:00 a.m. ET: Amazon ( AMZN ) is expected to report adjusted earnings of $11.32 per share on revenue of $92.71 billion4:15 p.m. ET: Mohawk Industries ( MHK ) is expected to report adjusted earnings of $2.10 per share on revenue of $2.49 billion4:15 p.m. ET: Apple ( AAPL ) i s expected to report adjusted earnings of 70 cents per share on revenue of $63.48 billion4:50 p.m.
Q3 GDP preview: Economic activity likely rose at a record pace after pandemic-induced slump
U.S. economic activity likely surged at a record clip for the July through September period, as an initial easing of virus-related lockdowns allowed business activity to return after a historic slump. The rise in third quarter 2020 economic activity is expected to be nearly twice that, with a record jump set to follow the record 31.4% slide earlier this year. “A substitution in favor of goods spending helped offset lingering weakness in services,” Paul Ashworth, chief U.S. economist for Capital Economics, said in a recent note. Other areas of the economy will be more mixed as contributors to third-quarter GDP, Ashworth noted. (Photo by Andrew Lichtenstein/Corbis via Getty Images)Still, even the record increase in GDP expected will likely not go far enough to bring U.S. output to pre-pandemic levels.
US states face biggest cash crisis since the Great Depression
U.S. states are facing their biggest cash crisis since the Great Depression. States are dependent on taxes for revenue—sales and income taxes make up more than 60% of the revenue states collect for general operating funds, according to the Urban Institute. A nationwide decline in combined state revenue has happened after only two events in 90 years: following the Sept. 11, 2001, attacks and in the aftermath of the 2008 financial crisis. Annual state revenue fell following the Sept. 11 attacks and the bursting of the dot-com bubble around that time, but recovered within a year. Local government workforces cut 6%, or nearly a million people, and local revenue shortfalls are adding pressure to states’ budgets.
3 dead in suspected terrorist knife attack at church in southern France
French anti-terrorism prosecutors are investigating a knife attack Thursday that killed three people and injured several others at a church in the Mediterranean city of Nice. It was the third suspected terrorist assault in France since the opening last month of a trial in the January 2015 killings at the satirical newspaper Charlie Hebdo in Paris and a kosher supermarket. The prime minister rushed from the hall to head to a crisis center overseeing the aftermath of the attack. The caricatures were published by Charlie Hebdo and cited by the men who gunned down members of the newspaper’s editorial staff in 2015. AdvertisementIn September, a man who had sought asylum in France attacked bystanders outside Charlie Hebdo’s former offices with a butcher knife.
Op-Ed: When Trump says immigrants don’t show up for court hearings, he couldn’t be more wrong
Last week, during the final presidential campaign debate, President Trump renewed a claim he has often made: Migrants with pending court dates rarely show up for their hearings. In a study published this year, we found that 83% of migrants asked to return to court attended all their hearings. AdvertisementNor are migrants who have been released pending court hearings “murderers,” “rapists” or “very bad person[s]” — more assertions from Trump’s Thursday debate answers. The immigration court records show that 15% of the small percentage who at first failed to appear later rectified the matter. In 2018, an attorney for the Department of Justice admitted before the Supreme Court that “almost 100%” of the notices to appear in immigration court omitted the time and date of the future hearing.
Spotify Broadcasts Third-Quarter Loss and Soft Fourth Quarter
The company also said it sees a softer fourth quarter as the Covid-19 pandemic continues to weigh on ad revenue. Luxembourg-based Spotify on Thursday posted a net loss of €356 million ($417.3 million), or €$1.91 a share, more than triple the €101 million, or €58-cent loss it posted a year earlier and much wider than analysts’ forecasts of a €53-cent loss. Operating expenses totaled €529 million, Spotify said, an increase of 37%. For the fourth quarter, Spotify said it expects to post an operating loss between €112 million and €32 million and total revenue of between €2 billion and €2.2 billion. It expects total MAUs of between 340 million and 345 million and total premium subscribers of between 150 million and 154 million.
Millions of mail-in ballots not yet returned in battleground states
Just days before the presidential election, millions of mail-in ballots have yet to be returned in key battleground states, sparking warnings from election officials that time is running out for voters who want to avoid going to in-person polling places on election day. In most states, the deadline for ballots to be received is election day next Tuesday. In Florida, 4 million of a record 6 million mail-in ballots requested had been returned as of Wednesday morning. The state was on pace to eclipse the return rate of 2016, when 81% of 3.3 million requested mail-in ballots were returned. “So we certainly encourage anyone who’s applied for a mail-in ballot to use that ballot as a safe and secure way to vote.”
Dow Futures Rebound As Earnings, GDP Data Distract From COVID Woes; Apple, Amazon and Google in Focus
Wall Street suffered its biggest one-day decline in four months yesterday as COVID infections swept across Europe and the United States, but earnings and GDP data could provide modest relief in a busy Thursday session. The Thursday Market MinuteGlobal stocks rebound from biggest decline in four months as earnings distract from surging coronavirus infections. The busiest day of the earnings season sees three major tech giants reporting after the bell, including Apple, Amazon and Facebook, with Wall Street readying for a first reading of third quarter GDP before the start of trading. Wall Street futures suggest a firmer open ahead of earnings from Twitter, Comcast, ConcoPhillips and Kraft Heinz as well as third quarter GDP data at 8:30 am Eastern time. Neither moves, however, are likely to keep the benchmarks from recording their biggest monthly declines since March.
Zeta barrels northeast after battering storm-weary coast
AdvertisementZeta weakened over central Alabama but its strong winds continued across portions of the state and the Florida Panhandle. The storm was about 65 miles (104 kilometers) west northwest of Atlanta, Georgia, with maximum sustained winds of 60 mph (96 kmh). Zeta is moving quickly toward the northeast at 39 mph (62 kmh). Signs outside bars and restaurants swayed back and forth in the wind and palm trees along Canal Street whipped furiously. On Tuesday, Zeta raked across Mexico’s Yucatan Peninsula, toppling trees and briefly cutting power to more than 300,000 people but causing no deaths.
Tech firm growing with Allen office move
A tech company is boosting its North Texas footprint with a move to a new Allen building. Micron Technology Inc. is taking two floors in the just-completed One Bethany West office near U.S. Highway 75 in Allen. The company, which provides memory and storage components is growing its design engineering operations with the move. “As a burgeoning tech hub, the city of Allen is a prime location for our design engineering teams working on advanced computing architectures,” Jeff Koelling, senior director of design engineering at Micron, said in a statement. “Going into 2021 I think there is a flood of leases and office activity that has been held back.”
Meet the showman behind Las Vegas’ big new bet: Circa
(Benjamin Hager/Las Vegas Review-Journal) @benjaminhphotoCasino executive Derek Stevens on Monday, Oct. 19, 2020, at Circa, in Las Vegas. (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphotoA life-sized Lego sculpture of casino executive Derek Stevens at Circa on Monday, Oct. 19, 2020, in Las Vegas. (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphotoCasino owner Derek Stevens points to the display at the Circa Sportsbook on Monday, Oct. 19, 2020, in downtown Las Vegas. (Chase Stevens/Las Vegas Review-Journal) @csstevensphotoA view of Circa, the first from-the-ground-up casino built in downtown Las Vegas in 40 years, on Monday, Oct. 19, 2020. It’s becoming a “rarity” to see that style of ownership amid widespread corporate control of Las Vegas resorts, he noted.
Mental health among Black Chicagoans a concern as suicide numbers rise
She’s an extrovert, and when Illinois shut down, she said, it was hard not to be able to see friends. With an underlying health condition, she felt a lot of fear when COVID-19 arrived in Chicago. Her job isn’t one she can do remotely, but she needed to be home with her children, ages 7 and 8, and help with remote learning, creating extra stress. And after all of this, she felt more pain watching the George Floyd protests and seeing, she said, how Black people like her were treated.
Trump, Biden to appeal to last-minute voters in Florida
TAMPA, Fla. — President Donald Trump and Democratic rival Joe Biden are set to chase votes in Florida, a state all but essential to the Republican's pathway to another term as both nominees turn their focus to encouraging voters to turn out on Election Day. More than 73 million Americans have already voted, absentee or by mail, and Trump and Biden are trying to energize the millions more who will vote in person on Tuesday. Thousands gathered in close proximity without wearing masks — a trend that was expected to continue through more than a dozen events in the final sprint to Election Day. Biden, meanwhile, heads later in the week to three more states Trump won in 2016: Iowa, Wisconsin and Michigan, where he’ll hold a joint Saturday rally with former President Barack Obama. Trump, meanwhile, is banking on enthusiasm among his Election Day supporters to overcome indicated Democratic strength in some early returns.
Glen Cove City Council inks $63.9M budget with 6.8% tax-levy hike, job cuts
The Glen Cove City Council has approved a $63.9 million 2021 budget that hikes the tax levy by 6.8% and eliminates eight city jobs. "I know that this is a very difficult time," Tenke said at the Tuesday night council meeting where members approved the budget. The City Council passed the budget 4-2, with the mayor abstaining as required under the city charter. Glen Cove also expects to lose $769,378 in state and county aid due to the pandemic, according to a city budget presentation. "This is the step in the right direction for the city," Tenke said at the meeting, which was streamed live.
Olivia’s Organic a haven for gluten- and dairy-free comfort food
There’s now another place to recommend to those looking for dairy-free, gluten-free and allergy-friendly options — Olivia’s Organic Cafe, the farm-to-table eatery using a 100 percent gluten-free, dairy-free and peanut-free kitchen in Burnsville. The menu is comfort food that seems to have something for everyone, dietary restrictions and food allergies or not. Here, dairy- and gluten-free options don’t play second fiddle. “I saw the struggles of her growing up,” said Vejdani who follows a gluten-free and dairy-free diet herself. Olivia’s Organic Cafe: Current hours are from 8 a.m. to 2 p.m. Friday, Saturday and Sunday.
Letters: Falun Gong, Bidens' corruption, secure voting and packing the court
But why, then, has neither Hunter Biden, Joe Biden nor anyone from the Biden campaign denied their authenticity? Easily found on the internet are his long history of racist statements and actions including telling Black people if they are undecided between him and President Trump, "You ain't Black." So far in the COVID war we are averaging more than 28,000 US deaths per month — three times as many as during World War II. In any war, leadership matters, and in the COVID war Trump has failed us miserably. Roger Digel-Barrett, EtnaRepublicans employed their own version of “court packing”The Republicans decry the idea of “court packing, but that is exactly what they have done.
Column: When will children become central to our concerns?
Conspicuously absent, however, was any discussion of the population most affected by these issues: our nation’s 73 million children. More than any other group, children — in particular, children of color — have suffered at the hands of the coronavirus pandemic and its economic fallout. Lawmakers often signal their passion by invoking “our kids” or “the children.” “We should be fighting for the children,” they say. Or “The next relief package must focus on “kids, jobs and health care.” But children can’t vote. Kent Johnson is chief executive officer of Highlights for Children, a Columbus-based media company that believes children are the world’s most important people and that kids’ voices matter.
Dentists could raise fees, exit family practices as pandemic keeps patients away
Millions of Americans are delaying dental appointments over concerns about coronavirus infection, and that's likely to trigger increased fees for patients, job cuts for workers and fewer family practices. “They’re a segment of the population that’s very cautious, and they’re waiting for COVID to pass, so to speak,” Vujicic said. The upshot is that family dental practices are struggling the most since they are unable to spread out the costs of PPE. Industry leaders and analysts say dentists are increasingly likely to sell their family practices to private equity companies or other investors. “To a lot of dentists that’s an attractive way to go,” said Brandon Couillard, a Jefferies stock analyst who tracks dental service providers.
Theodore Decker: In tumultuous times, suicide prevention can be a phone call away
The American Foundation for Suicide Prevention says suicide is the 10th leading cause of death in the United States and estimates that in 2018 there were 1.4 million attempts. Or call the Franklin County Suicide Prevention Hotline at 614-221-5445; the Teen Suicide Prevention Hotline at 614-294-3300; or the national Suicide Prevention Lifeline at 1-800-273-8255/TALK (1-888-628-9454 for Spanish speakers). The Franklin County Suicide Prevention Coalition works to increase suicide awareness and to bring hope and support to those affected by suicide. The Center for Suicide Prevention and Research at Nationwide Children’sHospital aims to understand and prevent youth suicide. Many of their programs including their school-based suicide prevention program, Signs of Suicide (SOS), have a strong evidence base and are offered without cost to those interested.
Ohio State men's basketball power rankings: No. 11 Zed Key
Ohio State will open its 2020-21 men's basketball season by traveling to South Dakota to participate in the Crossover Classic. In preparation for an unprecedented start to the season, The Dispatch is counting down with power rankings for each member of the Ohio State roster. He committed to Ohio State on Sept. 22, 2019, during a weekend he had initially scheduled an official visit to Marquette. Need to know: While on his official visit to Ohio State, Key spent time with program legends Evan Turner and D’Angelo Russell. Additional reading:After high school basketball career cut short, Zed Key wants to come up big for Ohio StateFreshmen's parents put trust in Ohio State, coachesOhio State freshmen Gene Brown, Zed Key surprising their teammatesPrevious power rankings:No.
Editorial: The addiction epidemic hasn't gone anywhere
Dispatch Editorial BoardColumbus DispatchDon’t forget about the nationwide epidemic that lurks while the global pandemic grabs all of the attention. But double that awful tally and it is still not as many souls as have been lost to U.S. drug overdoses since 2000. More positive are the actions that local government officials and some individuals are taking in their own battles against the scourge of drug addiction. In September under the pseudonym King Rx, Barayan, 26, released “War on Drugs,” a single from an upcoming album composed of anthems against the opioid epidemic. The opioid epidemic was here before coronavirus disrupted our way of life.
Column: Voters head to polls with dueling realities of God, country
Timothy AhrensThe 11th edition of the American Values Survey came out this week and shows we are at war with ourselves. The battle lines over dueling realities of understanding God and country are drawn in dark red and dark blue. • Among white Americans with college degrees, 68% of women and 59% of men believe that Trump’s speech and behavior have encouraged white supremacist groups. Faith calls us to allow God to turn us from hatred to reconciliation and love. It is time to allow the creativity of great ideas and great concepts to rise up in each of us.
Rob Oller | Big Three of Ohio State, Clemson, Alabama lead College Football Playoff chase
As the Big Three of Ohio State, Clemson and Alabama jockey for position in the still-embryonic College Football Playoff rankings, a dangerous No. The virus is moving among potential playoff teams with sneaky false positives and 21-day quarantines. Ohio State coach Ryan Day knows it. This season, like last year when Oklahoma clearly was the weakest of the four playoff teams, seeding seriously matters when the final rankings are released on Dec. 20. Clemson, Alabama and Ohio State all want to finish No.
'With or without you': Community leaders take on Columbus violence with engagement, mediation
In this world, Ephraim Laidley Jr. said, there are three kinds of community leaders: "nurses, doctors and brain surgeons." "We've been payingand asking generalists to do a surgeon's job," Laidley, 35, said of Columbus city officials. The organization aims to create safe spaces in inner-city neighborhoods through mediation, engagement and alternative pathways. The 51-year-old Olde Towne East resident is connected with inner-city leaders and is dedicated to stopping gang and gun violence. The program has garnered attention from Columbus City Attorney Zach Klein, Columbus police Zone Section Chief Steve Dunbar and other city officials.
You're sick. Are your symptoms COVID-19, the flu or a common cold?
Is it COVID-19, the flu or the common cold? Flu symptoms tend to come on more suddenly and are typically more severe than those for colds. COVID-19 symptoms commonly include a dry cough, fever or chills, and shortness of breath. Young children are more likely to have severe flu symptoms but are at lower risk for severe COVID-19, said Dr. Dane Snyder, section chief of Nationwide Children's division of primary care pediatrics. But one thing is for certain:It has never been more important to get your flu shot, Gonsenhauser said.
What will 2020 flu season look like? Hard to say, but COVID precautions may reduce spread
Trying to predict the flu season, even for experts with data and science at their fingertips, is generally as effective as staring into a crystal ball for answers on the future. “When you look at flu in the southern hemisphere, flu season is just ending there – New Zealand, Australia, Uruguay, the flu activity was very minimal. Flu season, he continued, has essentially not happened in the southern hemisphere because of precautions that people are already taking due to the coronavirus. Vaccine data from August and September from the Centers for Disease Control and Prevention showed promise, he added, although it was early in the flu season. We don’t know and the predictions could go either way.”Roughly three weeks into flu season, OhioHealth hadn’t seen a case of influenza yet, Gastaldo said.
'Free' flu shots can actually carry a cost. Here's how to avoid the hidden expense
Despite signs and advertisements promoting free influenza shots, experts say the annual vaccine isn't always free to everyone. More: Getting flu shot is crucial this year, experts sayWithout insurance, a standard flu shot for someone ages 6 months to 64-years-old costs $40 and a higher dose shot available for senior citizens costs around $70. They may be able to get a free or discounted flu shot at a clinic run by one of central Ohio's health departments. Franklin County Public Health also offers a free flu vaccine to children and adults who are uninsured or underinsured. Walgreens Pharmacy tries to never turn anyone away because of the flu shot's cost, spokeswoman Rebekah Pajak said.
Brookhaven adopts first police drone response program in Georgia
Chula Vista police have credited the drone program with more than 275 arrests and 650 calls for service that ended up not needing an officer’s presence. Brookhaven estimates that a drone response costs roughly 10% of the cost of dispatching an officer and patrol vehicle. Ayana said drones will have access to about 70% of the city due to Federal Aviation Agency restrictions at DeKalb-Peachtree Airport. The program will also lessen the department’s reliance on DeKalb County police and the Georgia State Patrol for aviation support. Brookhaven police Chief Gary Yandura said it can take up to an hour for a helicopter to make it to the northern DeKalb city due to pre-flight checks and other logistics.
2020 election: What's at stake and what to expect in Kentucky on Tuesday
But in the Bluegrass State, it's unclear just how busy voting booths may be come Election Day. Thanks to expanded early voting and access to absentee ballots, just over 1.2 million people have already voted. This election also features the most expansive early in-person voting period Kentucky has ever seen. There haven't been lines at the county's sole early voting site, and turnout has been good so far — a little more than 36.3% as of Wednesday morning. Dewey Clayton, a political science professor at the University of Louisville, said he has been surprised by "the level of enthusiasm" for early voting in this election in Kentucky, particularly among young people.
Trusting her instincts, Louisville musician battles months of delays for cancer diagnosis
Every woman on her mom’s side of the family had had breast or ovarian cancer, and every man had been diagnosed with prostate or colon cancer. Originally she'd planned to keep her cancer to herself when she was diagnosed Sept. 18. More:Retired JCPS counselor beat cancer once, but now she's learning to live with it againThe Louisville woman is a true entertainer and a storyteller. Kaelin never expected that book to have a third act where she turned up with her own cancer. Features columnist Maggie Menderski writes about what makes Louisville, Southern Indiana and Kentucky unique, wonderful, and occasionally, a little weird.
France ‘terror’ attack: Woman & man beheaded as 3 die in stabbing inside Nice church by killer ‘shouting Allahu Akbar’
A WOMAN and a man were beheaded in a suspected terror attack inside a church in France this morning, cops and officials said. Three people were killed in the bloody rampage which saw the knifeman storm the Basilica of Notre-Dame in Nice, south of France. Armed cops then stormed Notre-Dame - the largest Roman Catholic church in Nice - and shot the suspected terrorist, wounding him. Nice mayor Christian Estrosi said the attacker kept shouting "Allahu Akbar" even after he had been shot - and said it has all the hallmarks of a "terror attack". Today's suspected terror attack is the third in little over a month.
Europe struggling with 2nd surge of COVID-19 case, and it may be worse than the 1st
Europe struggling with 2nd surge of COVID-19 case, and it may be worse than the 1st The continent now accounts for 46% of global coronavirus cases. Europe is now battling a second surge of COVID-19 cases, and many worry it could be worse than the first. In France, more than half of ICU beds are occupied by COVID-19 patients, according to the Ministry of Social Affairs and Health. Many European countries are global tourist destinations, and in the summer, after several months of nearly universal lockdown across borders, governments relaxed travel restrictions. Health journal The Lancet last week argued that, in general, countries are "much better prepared" now than when COVID-19 first hit.
Zeta Leaves Nearly 2 Million Without Power and At Least Two Dead After Slamming Gulf Coast
Storm surge flooded communities along the northern Gulf Coast. Storm surge flooded communities along the northern Gulf Coast. By 7 a.m. Thursday, nearly 2 million homes and business were without power across five states, according to power outage.us. The Sheriff's Office said it had received numerous reports of down trees, power lines and utility poles throughout the parish. 1/78 View of fallen power lines after the passage of Hurricane Zeta, in Puerto Morelos, Quintana Roo state, Mexico, on Oct. 27, 2020.
FBI warns of "imminent" ransomware attacks on hospital systems
The alert said malicious groups are targeting the sector with attacks that produce "data theft and disruption of healthcare services." The cyberattacks involve ransomware, which scrambles data into gibberish that can only be unlocked with software keys provided once targets pay up. "We are experiencing the most significant cyber security threat we've ever seen in the United States," Charles Carmakal, chief technical officer of the cybersecurity firm Mandiant, said in a statement. U.S. officials have repeatedly expressed concern about major ransomware attacks affecting the presidential election, even if the criminals are motivated chiefly by profit. Increasingly, ransomware criminals are stealing data from their targets before encrypting networks, using it for extortion.
Obama, Trump battle in new wrinkle for 2020 campaign
Trump criticized Fox News for airing an Obama speech from Florida on Tuesday, just the latest incident of him lashing out at Obama. And he'll have another chance to weigh in when Obama appears alongside vice president Joe Biden at a campaign event in Michigan on Saturday. “Remember I wouldn’t be President now had Obama and Biden properly done their job,” Trump wrote on Twitter earlier this month. Trump, he said, is “utilizing that dislike as another mechanism to energize his base and to energize Republican voters writ large.”Since Trump became president, Obama has remained largely silent as Trump has torn into his legacy. Covid, Covid, Covid, he’s complaining.
Trump, Biden to appeal to last-minute voters in Florida
More than 73 million Americans have already voted, absentee or by mail, and Trump and Biden are trying to energize the millions more who will vote in person on Tuesday. Thousands gathered in close proximity without wearing masks — a trend that was expected to continue through more than a dozen events in the final sprint to Election Day. Biden, meanwhile, heads later in the week to three more states Trump won in 2016: Iowa, Wisconsin and Michigan, where he’ll hold a joint Saturday rally with former President Barack Obama . Biden and his allies are outspending Trump and his backers by more than 3-to-1 in Florida — about $23 million to about $7 million — in the final push to Election Day, according to data from ad tracking firm Kantar/CMAG. Trump, meanwhile, is banking on enthusiasm among his Election Day supporters to overcome indicated Democratic strength in some early returns.
Almost 300 asylum seekers have died trying to cross the Channel since 1999
Almost 300 asylum seekers including 36 children have died trying to cross the Channel to the UK in the past 20 years, according to the first analysis to collate deaths. The Institute of Race Relations research, due to be published next month and seen by the Guardian, details the cases of 292 people who have died trying to cross by vehicle, tunnel and over the water since 1999. It includes Tuesday’s four deaths, when an Iranian Kurdish couple and two of their children died when their boat sank. There were four drownings of asylum seekers trying to cross the Channel last year and seven so far this year, with one child unaccounted for from Tuesday’s tragedy. One baby died after being born prematurely to an Iraqi Kurdish woman, another died after a 20-year-old Eritrean woman fell from a lorry trying to reach the UK, triggering a premature birth.
Athletes and the US election: How a generation of stars got in the game
That day, election day, is now less than a week away. In the end they did return but with assurances that social justice would become more centered in the overall spectacle. Gone are the days when an athlete’s impact on the democratic process was mostly incidental. Just last month, the NCAA’s Division I Council called for a blackout on practices and games on election day. That their impact can already be felt this far away from election day goes to show the hold athletes had on us all along.
#EndSars, abolish Ice: the trans activist resisting police violence in Nigeria and the US
For years, people have been fighting and resisting police and military violence in Nigeria. Black migrants face longer detention time in Ice – what are the conditions like inside? Queer and trans migrants are stuck in solitary confinement for months. What are you doing to support the local movements to defund the police, abolish Ice, protecting the lives of Black trans folks, of LGBTQ+ people more broadly? You have to center communities that are super marginalized – Black migrants generally, and Black queer and trans migrants in particular.
The racist business model behind Uber and Lyft
Uber and Lyft want you to know they aren’t racist. Wow, that’s great that Uber and Lyft are providing so many job opportunities to people of color – but wait. Leandra Montiel, 34, joins a protest by Uber and Lyft rideshare drivers against California Proposition 22, in Los Angeles, California. Photograph: Lucy Nicholson/ReutersCalifornia tech companies like Uber and Lyft have “innovated”, or “forcibly mutated”, the traditional model of employment into a more exploitative (but “flexible!”) model than the one that existed previously. And again, despite working full-time hours, this diverse population isn’t getting full-time pay.
'Biggest thing to happen to renters since WWII': why Matthew Desmond is optimistic about housing
“What the pandemic did is reveal just how many American renters are living incredibly close to an eviction notice,” Desmond told the Guardian. “I would argue it’s the biggest thing to happen to renters since the rent freezes in World War II,” Desmond said. Desmond said that the affordable housing crisis has never been as acute as it is today. Literally public housing and rent control came out of that,” Desmond said. “There are reasons to be optimistic and there are places to find real inspiration, and I think that for me to see the building organization on the ground with tenant movements is a place for real inspiration.
Ignore the twists and turns: This US election campaign has been defined by its stability
There was George Floyd’s death and the flood of anti-racism protests that followed, the most widespread in America for 50 years. There have been two party conventions, two presidential debates, the naming of a vice presidential nominee and countless other big campaign moments. A fortnight after Mr Biden effectively secured the nomination on Super Tuesday primary day back in March, he was around seven percentage points ahead of Mr Trump. Today, he is around seven percentage points ahead of Mr Trump. At no time in between, according to the source of the stats - Real Clear Politics - has Mr Trump led.
US steps up deportation of Haitians ahead of election, raising Covid fears
The Haitian flights coincide with the forced repatriation of scores of Cameroonian, Congolese and other African asylum – seekers, many of whom were flown out while they had legal cases pending. The deportation flights also raise the potential for the spread of coronavirus in Haiti. Several thousands have camped in Mexico since the procedures for applying for asylum were suspended because of the pandemic. In October there appears to have been a surge of illegal crossings by Haitians of the Rio Grande. The US border patrol in Del Rio has reported that since the beginning of the month 450 Haitians had been apprehended in their sector.
Your absentee ballot never showed up. Now what?
If you’re like me, when the time came to request your absentee ballot, you submitted your information and waited for the ballot to arrive in the mail, but it never did. I requested my absentee ballot for New York on 14 September. One of my roommates requested her Pennsylvania absentee ballot on 5 October and it has reportedly been on the way since 19 October. The facts Read moreAnother one of my roommates believed she had properly requested her California absentee ballot online, only to learn that she needed to physically submit an absentee ballot request to her local board of elections as well. They are theoretically counted as long as you don’t submit a completed absentee ballot, but there’s no guarantee.
Taiwan marks 200 days without domestic Covid-19 infection
Authorities thank public for helping to reach milestone, as cases surge in many countriesTaiwan has reached 200 days without any domestically transmitted cases of Covid-19, underlining its success in keeping the virus under control as cases surge in other parts of the world. Taiwan has recorded 553 cases of Covid-19 and just seven deaths since the pandemic began. While it has stopped domestic transmission, it continues to record new cases in people arriving from abroad. Authorities received notice from Japanese and Thai health authorities on Wednesday that three people who had recently left the country tested positive. Professionals with technical expertise led the Covid-19 response and messaging, including the former vice-president Chen Chien-jen, who is an epidemiologist.
Freed, then locked in: leaving a California prison amid a pandemic
“I was reflecting on my life, thinking about my next move and how I need to be accountable to my family,” Blackwell said. Facebook Twitter Pinterest The Travelodge hotel where Blackwell stayed before moving into a transitional home after his release from prison. Photograph: Philip Cheung/The Guardian•••Blackwell is one of thousands of Californians released early from prison amid the coronavirus crisis. Court records show that almost 6,000 prisoners have been released early since July. Just over 1,500 people were released early from early-August to the end of September compared with 4,220 people the prior month, according to court filings.
US election polls tracker 2020: Will Donald Trump or Joe Biden win the race to be America's next president?
Democratic challenger Joe Biden is currently leading Donald Trump in the national polls as the US approaches its 2020 presidential election. The 10-poll average indicates that just over half of Americans intend to back Joe Biden while Mr Trump’s support trails this by around seven or eight points. Americans will vote on Tuesday, November 3, in order to elect their next president, either giving Mr Trump another four years or handing over the keys to the White House to Mr Biden. According to the latest polling averages, Joe Biden's lead over the incumbent is remaining solid, despite a slight downfall in the wake of the US presidential debates and Donald Trump's diagnosis with coronavirus. Mr Biden's polling average has remained above 50 per cent since October 4, and the Democratic nominee has consistently polled in the lead since the race began.
England Six Nations 2020 team announcement live: latest updates as Eddie Jones names side to play Italy
After what has felt like an age, we're finally ready to learn England's team for their final Six Nations match of 2020 against Italy in Rome. All the build up work has been done in camp after last weekend's Barbarians match was scratched following the invitational side's Covid-19 bubble breach. But be sure, Eddie Jones will already have had a keen idea of his plans, regardless of that match. Eddie Jones' men need to see off Italy at the Stadio Olimpico in emphatic fashion, but that is a likely scenario, given that England have beaten the Azzurri in all 26 previous meetings and scored more than 1,000 points. Realistically, England could require something like a 40-point winning margin or more, yet that is something they have managed on six previous occasions in the championship's 20-year history.
Covid toes: People infected with coronavirus may develop red and swollen feet which turn purple
People infected with coronavirus may end up developing a skin symptom known as Covid toes, scientists have said. The condition typically develops within a week to four weeks of being infected and can result in toes becoming swollen or changing colour. But we have seen patients lasting a month or two months. "It's the fact that some of our patients are at over 150 days now - these are patients with red or purple or swollen toes for many months." Dr Freeman said the identification of people with Covid toes symptoms - including some in the UK - helps scientists understand more about coronavirus-related symptoms elsewhere in the body.
Cannon & Ball star Bobby Ball dies aged 76 after testing positive for Covid-19
Bobby Ball, one half of comedy double act Cannon & Ball, has died at the age of 76 after testing positive for Covid-19, his manager has said. A statement from his manager Phil Dale said: "It is with great personal sadness that on behalf of Yvonne Ball, and the family, and Tommy Cannon, I announce that Bobby Ball passed away at Blackpool Victoria Hospital on the 28th October 2020 approximately 21:30. "Bobby had been taken to the hospital for tests as he started with breathing problems. "At first it was thought to be a chest infection but a test proved positive for Covid-19. "Yvonne added that their need for privacy at this time has to be a priority.
Facebook, Twitter and Google face changes to online speech protection
Twitter, Facebook and Google have been warned their platforms face new restrictions after they were criticised by Republican senators for alleged anti-conservative bias. Donald Trump and the Republicans have accused the social media platforms of deliberately suppressing conservative, religious and anti-abortion views. Both US parties say that immunity under Section 230 enables social media companies to abdicate responsibility to impartially moderate content. Both Twitter and Facebook have used a misinformation label on content from the president, who has around 80 million followers. Google will also halt political ads after the polls close and Twitter banned all political ads last year.
The world enters a new age of radical uncertainty
Uncertainty is fundamentally radical. To survive radical uncertainty we also need to develop our “animal spirits.” Radical uncertainty cannot be coped with through computerized models or AI-driven forecasting. John Maynard Keynes wrote, “Thus if the animal spirits are dimmed and the spontaneous optimism falters, leaving us to depend on nothing but a mathematical expectation, enterprise will fade and die.” Keynes was discussing the affinity between animal spirits and uncertainty. Such animal spirits are distilled and refined by trial and error. This age of radical uncertainty demands spontaneous optimism to face the many challenges that come our way.
Prague's COVID protests: demonstrators say government measures are 'impoverishing nation'
Protests have been staged in several big European cities, denouncing the latest COVID related restrictions. In Prague, demonstrators are accusing the Czech government of enforcing measures that did not work, but instead "impoverished the nation." An anti-riot squad intervened, forming a barrier to keep large groups of protesters apart. Watch Good Morning Europe's full report in the player above.
Dollar holds firm mostly around ¥104.40 in Tokyo trading
The dollar moved on a firm note mostly around ¥104.40 in Tokyo on Thursday before shedding some gains in late trading. At 5 p.m., the dollar stood at ¥104.28, up from ¥104.21 at the same time Wednesday. After hovering in the ¥104.30 zone early in the morning, the dollar climbed to around ¥104.50 toward noon, thanks to buying by Japanese importers for settlement purposes, the 225-issue Nikkei average’s resilience and Chinese stocks’ solid performance. The dollar slipped through ¥104.30 in late afternoon trading on selling prompted by the euro’s slide against other major currencies “amid swelling concerns over the negative effects of the coronavirus resurgence on the European economy,” a currency broker said. “But market sentiment was somewhat stabilized” by the Nikkei’s rebound after a tumble in the morning and a rise in U.S. stock index futures on off-hours trading, the broker added.
To retire rich, don’t leave too much to your kids
Yet, after you throw in the bequest motive, the avocado toast is truly toast. So why should our approach to money be any different, and why, for instance, should it be a surprise that 51% of Indians don’t have a retirement plan? Don’t be surprised if those retiring in 2035 need an extra five years or more of future income because of longevity alone. Asians naturally don’t want to die working, and many societies have some form of nonfamily safety net. For $3,999, WhiteHat promises kids younger than 14 exposure to “full commercial-ready utility apps.”So this is a form of early bequest.
Tokyo stocks bleed for fourth day on mounting pandemic fears
Tokyo stocks lost ground for the fourth straight session Thursday, beaten by spiraling fears over the second wave of the coronavirus pandemic. The Nikkei average of 225 selected issues listed on the first section of the Tokyo Stock Exchange dropped 86.57 points, or 0.37%, to close at 23,331.94, after shedding 67.29 points Wednesday. The Topix index of all first-section issues closed down 1.62 points, or 0.10%, at 1,610.93, following a 4.98-point fall the previous day. Stocks met with selling almost across the board as soon as the market opened, forcing the benchmark Nikkei to give up some 250 points. In index futures trading on the Osaka Exchange, the key December contract on the Nikkei average lost 100 points to end at 23,320.
Takeda plans to supply 50 million doses of U.S.-developed coronavirus vaccine in Japan in 2021
Takeda Pharmaceutical Co. said Thursday it plans to supply 50 million doses of a coronavirus vaccine, developed by U.S. drugmaker Moderna Inc., in Japan from the first half of next year. The Japanese drugmaker said it will provide the vaccine based on a three-way agreement with Moderna and the Ministry of Health, Labor and Welfare once the vaccine has been approved. Takeda said Moderna’s Phase 3 clinical trial has completed enrollment of 30,000 participants in the United States. The health ministry said the doses of the vaccine to be distributed by Takeda will cover 25 million people in Japan, as two shots are needed for it to be effective against the novel coronavirus. The Japanese government has already agreed with British drugmaker AstraZeneca Plc and U.S. pharmaceutical giant Pfizer Inc. to receive 120 million doses of any successfully developed vaccine from each company.
Panasonic interim net profit halves as coronavirus hits sales
Panasonic Corp. said Thursday that first-half net profit more than halved from a year earlier as the coronavirus pandemic weighed on its businesses at home and overseas. Panasonic left its full-year forecast unchanged, projecting a net profit of ¥100 billion for the fiscal year to March 2021, a drop of 55.7% from the previous year. Full-year sales are still expected to fall 13.2% percent to ¥6.5 trillion. “It continues to be difficult to forecast the economic outlook surrounding the management environment in fiscal 2021,” it said. Rival Sony Corp. on Wednesday said net profit doubled in the April-September period and revised up its full-year forecast, citing growth in key sectors including gaming.
Misato Michishita keeps focus on Paralympic gold, not coronavirus
Visually impaired marathon runner Misato Michishita revealed how coronavirus pandemic struggles helped her find new sources of strength that she hopes will aid her quest for gold at the Tokyo Paralympics, which begin in 300 days. In a recent interview with Kyodo News, Michishita, who holds the marathon world record for the women’s T12 class, said her single-minded obsession with Paralympic gold is what has kept her going for the last six months amid coronavirus-related restrictions. At the Beppu-Oita Marathon in February, Michishita rewrote her own T12 world record for a second time with a time of 2 hours, 54 minutes, 22 seconds. Encouraged by support from those around her, however, Michishita resumed her training in isolation at home. “Now I know even if I can’t run as much, some of that can be compensated by strength training.
Justin Turner's selfish celebration mars Dodgers' World Series triumph
So would the team picture on the field after winning the World Series. The repercussions from his ill-advised decision to celebrate the World Series with his teammates figure to last a whole lot longer. Turner paraded around on national television with the World Series trophy in his hand. Congratulations, Dodgers, you’re the World Series champions. Just as he was enjoying the weight of the world being lifted by finally winning the World Series in his third try, Roberts now has a bigger worry — that he could be infected, too.
Rams want to join Lakers, Dodgers on LA's championship run
Jared Goff texted congratulations to Cody Bellinger and Joc Pederson right after the Los Angeles Dodgers won the World Series on Tuesday night. “Cody actually texted me back and said, ‘It’s your turn now,’” the Los Angeles Rams quarterback recalled Wednesday. 6 first.”The Rams actually arrived in Los Angeles before either the Lakers or the Dodgers, becoming the West Coast’s first major pro sports franchise way back in 1946. The 33-year-old UCLA product is a Los Angeles native who lives in West Hollywood in the offseason. “I don’t think anyone really was” a Rams fan in Los Angeles during his childhood, Forbath said.
Can China’s COVID-19 recovery continue?
In China’s post-COVID economy, there may be hope for the struggling private sector made up of millions of small businesses. Sure, there’s the risk that repeated outbreaks and lockdowns will once again derail small companies. If demand can’t be maintained and the private sector recovery fades, it won’t work. Many people and small firms have already been displaced by the uneven recovery, and they won’t be able to drive demand. Longer-term measures in the form of tax incentives and credits for small companies will be needed to drive a prolonged recovery.
Designing a vision for Japan's green recovery
Nuclear power, which does not produce carbon dioxide when generating electricity, has very important implications for Japan’s efforts to decarbonize. 1 nuclear disaster, and use of nuclear power plants has plummeted. While Japan’s position on nuclear power has remained unclear following the 2011 Fukushima disaster, construction of a new nuclear plant in Oma, Aomori Prefecture, has progressed. In addition, it is worth considering introducing a system to strengthen the price competitiveness of nuclear power by giving nuclear power plant operators credit for producing low-carbon energy. Japan can envision a long-term strategy for green recovery only after clarifying its position on nuclear power.
Germany bans fans from stadiums again amid spike in Covid infections
Football fans in Germany have been banned from stadiums again as part of Government measures to fight a second Covid-19 wave. Chancellor Angela Merkel unveiled a series of new restrictions on Wednesday after a jump in coronavirus cases and deaths across Germany. The revelations represent a setback for English clubs pressing the government to rethink its current ban on fans in stadiums. 'Fans and clubs then stuck to the rules with discipline living up to their responsibilities. In France, elite sport will continue despite a nationwide lockdown announced by President Emmanuel Macron on Wednesday, sports minister Roxana Maracineanu said.
Luke Evans and Rafael Olarra REFOLLOW one another after split claims
Luke Evans and Rafael Olarra have refollowed one another on Instagram following split rumours and shared a throwback photo from their relationship. The couple were thought to have split on Tuesday, when they unfollowed one another on Instagram, with actor Luke deleting pictures from his account. The site reports that Rafael had left Australia, where he and Luke had been for three months, while the actor filmed Nine Perfect Strangers. Earlier in the week, Luke deleted all photos of from his account, however Rafael still has one photo of Luke remaining on his uploaded in September. Luke had previously shared photos of them going for a run together and posing with friends on a boat trip in Miami.
Bobby Ball has died at the age of 76 after testing positive for Covid-19
Tommy Cannon said he was 'devastated' today following the death of his comedy partner Bobby Ball aged 76 has died aged 76 after testing positive for coronavirus. Blue singer Antony Costa, who took part in I'm A Celebrity with Ball, tweeted: 'Just heard the news about my friend and fellow I'm A Celebrity contestant Bobby Ball. And TV star Les Dennis said: 'Just heard the sad news that the wonderful Bobby Ball has died. Hospital where Bobby Ball was treated sees highest number of beds taken up by Covid-19 patients in Britain The hospital where comedian Bobby Ball died has seen the highest number of beds taken up by coronavirus patients in the UK, it emerged today. Actress Diane Morgan, who starred alongside Ball in The Cockfields, tweeted: 'So sad to hear about Bobby Ball.
Tone-deaf Kim Kardashian tries to claw back favour by encouraging people to vote
Kim Kardashian has attempted to claw back public favour by encouraging her 190million followers to vote after grabbing their 'attention' with her controversial 40th birthday trip. Kim wrote: 'Now that I have your attention...this a reminder to VOTE. In the snaps, Kim wore a figure-hugging orange bustier and midi skirt, which featured bold prints and were teamed with a pair of black sandals. In a third image, Kim was flanked by one of her friends as they made their way to dinner on the tropical private island. In recent days, Khloe Kardashian, 36, Kourtney Kardashian, 41, and Kendall Jenner, 24, have all shared bikini clad images on their pages while enjoying the sun-drenched 'secret' location.
Tom Cruise holds crisis talks with Mission Impossible 7 director after COVID outbreak on set
Tom Cruise was pictured deep in conversation with his Mission Impossible 7 director on Wednesday, days after 12 people on set reportedly tested positive for COVID-19. Health chiefs are said to be tracing the contacts of those who tested positive after filming was suspended, dashing hopes it was an isolated case. It was recently claimed that Tom was 'exempt from Norway's quarantine rules' as he restarted filming in the Scandinavian country. Simon stars as IMF technician Benji Dunn in the Mission Impossible franchise, reprising his role for the fifth time in the much-anticipated upcoming movie. Mission Impossible 7 will be released on November 19, 2021.
Return of Tupperware: Revival in home cooking during Covid pandemic sparks a £26m surge
Throughout the last half of the 20th Century Tupperware's popularity inspired other companies - including Avon and Ann Summers - to follow its 'party' sales plan. Pictured, women at a Tupperware party around 1955Tupperware products at a Tupperware party in Bellflower, California, in August 2011 (file)Women attend a Tupperware party, hosted to market the new brand of plastic containers, around 1955. She set up the first Tupperware party - something that had so much success the product was taken off shelves all together in 1951. Long gone was the heyday of the Tupperware Party, first held in 1948, which provided women with a chance to run their own business. Profit during the most recent quarter quadrupled to $34.4 million, Tupperware reported Wednesday.
Nice terror attack: Two beheaded, several wounded, attacker arrested, police source says
AdvertisementAt least three people have been killed - two of them beheaded - and several others stabbed in a terrorist knife attack inside a cathedral in Nice. The attack began around 9am just as Mass at the Notre Dame basilica - the largest Roman Catholic church in Nice - was getting underway. Police quickly swarmed the area, where they shot and arrested the attacker, who has been taken to hospital. The attack happened less than half a mile from where another attacker plowed a truck into a Bastille Day crowd in 2016, killing dozens. Emmanuel Macron led an emergency cabinet meeting on the attack, before leaving for Nice, where he is expected to arrive shortly.
Soccer: Barca defeat will teach Juve a lot says Bonucci - English
(ANSA) - ROME, OCT 29 - Italy defender Leonardo Bonucci has said that Juventus's 2-0 defeat at home to Barcelona in the Champions League on Wednesday will teach them a lot. "The defeat certainly hurts," Bonucci said via social media. The hosts had defender Merih Demirel sent off in the closing stages for a second yellow card. They are second in Group G with three points from two games, three behind leaders Barcelona. None of Italy's Champions League contenders won this week as Inter and Atalanta were both held on Tuesday.
Conte calls for national unity to combat 'sly, sudden' COVID upswing - English
(ANSA) - ROME, OCT 29 - Premier Giuseppe Conte called for national unity on Thursday as he presented the government's latest restrictions aimed at combatting the spread of COVID-19 after a sharp upswing in contagion. The government has also approved a package of over five billion euros in aid for the sectors worst hit. The premier described the upswing in contagion as "sly and sudden" after Italy registered a record of almost 25,000 new coronavirus cases on Wednesday. "This situation has put the national health service under severe pressure. There has been violence in several Italian cities in recent days during protests against the government's restrictions and curfews imposed at night by several regions.
France call up Vincent for Ireland Six Nations decider
Arthur Vincent started three games earlier this year during the Six NationsAdvertising Read moreParis (AFP)Centre Arthur Vincent replaces injured winger Teddy Thomas in France's side to host Ireland in this weekend's potential Six Nations decider, coach Fabien Galthie announced on Thursday. Midfielder Gael Fickou moves to the wing as Vincent comes into midfield alongside Virimi Vakatawa for the nail-biting finish to a coronavirus-delayed tournament that sees les Bleus, this Saturday's Irish visitors and England -- who play Italy -- all in a position to win the Six Nations title. Galthie's side must better Eddie Jones' men's result in Rome earlier in the day and have a better points difference to claim the competition for the first time since 2010. Uncapped La Rochelle winger Arthur Retiere is named on the bench in the only other change in the matchday 23. France side (15-1) to face Ireland on Saturday (kick-off 2005 GMT)Anthony Bouthier; Vincent Rattez, Virimi Vakatawa, Arthur Vincent, Gael Fickou; Romain Ntamack, Antoine Dupont; Gregory Alldritt, Charles Ollivon (capt), Francois Cros; Paul Willemse, Bernard Le Roux; Mohamed Haouas, Julien Marchand, Cyril BailleReplacements: Camille Chat, Jean-Baptiste Gros, Demba Bamba, Romain Taofifenua, Dylan Cretin, Baptiste Serin, Arthur Retitere, Thomas Ramos© 2020 AFP
As Russia Eases Its Border Restrictions, Who Is Able to Enter?
Countries whose citizens are currently allowed to enter Russia — and vice versa. Despite this, most foreigners are still not able to enter Russia, while foreign travel options for Russians also remain scarce. Starting Nov. 1, nationals and residents of Cuba, Serbia and Japan will be able to enter Russia if arriving on authorized direct flights. Which countries can Russians travel to? Countries that currently allow Russians to enter include Albania, Bahrain, Croatia, the Dominican Republic, Morocco and Mexico.
Stalin Victims Commemoration Moves Online Due to Coronavirus
An annual commemoration held in honor of victims of Stalinist repressions has moved online Thursday due to the coronavirus pandemic, its organizers have said. As many as 30 million are believed to have been killed during the Soviet-era repressions. The Memorial human rights group said on the event’s website that Russians wishing to commemorate the date could bring flowers to the monuments for victims of repression in their cities. Cities including St. Petersburg, Ufa and Rostov plan to commemorate the victims in-person on either Thursday or Friday, the Kommersant business daily reported. news On This Day Victims of Political Repressions Are Honored Read more
Another delivery worker dies on duty according to police
(Yonhap)Police said Thursday they are investigating the death of a parcel delivery worker on duty earlier this week, which could be the latest in a recent string of deaths among couriers largely blamed on their heavy workload. On Oct. 12, a 36-year-old delivery worker who belonged to a Seoul branch of Hanjin Express was found dead at home, with civic activists attributing his death to overwork. This year alone, more than 10 parcel delivery workers have died in cases believed to be related to overwork, according to the activists, as the new coronavirus outbreak triggered a surge in online shopping and parcel volumes. The progressive Jinbo Party's chapter in Daejeon issued a statement calling for a thorough investigation into the cause of the Daejeon worker's death. The company is clearly responsible for the repeated deaths of (delivery) workers.
Russia Sets Single-Day Records for Coronavirus Deaths and Infections
The latest record increase in infections smashes the previous single-day highs set last Friday and this Monday by at least 370 cases. Russia confirmed a new record of 17,717 coronavirus cases and 366 deaths Thursday as the second wave of the disease overwhelms the country's regions outside Moscow. Russia’s overall Covid-19 caseload now stands at 1,581,693, the fourth-highest in the world, according to the national coronavirus information center. The information center also reported 366 deaths from Covid-19 Thursday, breaking the previous records of 320 deaths on Tuesday and 346 deaths on Wednesday. Thursday's increase in deaths brings Russia’s overall Covid-19 death toll to 27,301.
Binational Couples Separated by Russia's Coronavirus Travel Bans Push for Change
Alexander, a German citizen, first met Anna on Valentine's Day during a break from his studies in Russia's grand imperial capital St. Petersburg. With no end to the pandemic in sight, these couples are calling on Russia to allow them to reunite. Complications for couples split between Russia and other countries are compounded by the various types of visas available. “I doubt that the Russian authorities will open the borders to all countries right now; it's not possible because of the Covid situation,” he said. “I believe that we'll continue to see borders opening to particular countries, like we’re seeing with Japan, Serbia [and Cuba] now.
Boeing’s China aviation business in the spotlight after Beijing announces sanctions on defence unit
Boeing on Wednesday reported its fourth straight quarterly loss and announced it would cut more jobs as the coronavirus pandemic and the grounding of its 737 MAX continued to hit its revenue.
Trump got what he wanted at the border. Would Biden undo it?
(The Trump administration has repeatedly demanded Congress make the very same changes.) The making of the "waterproof fabric"The Trump administration adopted a simple solution to the tension between deterrence and humanitarianism: It maximized deterrence. (The Trump administration attempted to undo this law via regulation in fall 2018, but it was quickly stopped in court.) A Biden administration might well do something similar, returning to the 2014 model put in place by Obama. With all of this, the Trump administration has been reluctant to declare victory at the border.
Detroit officials accuse feds of undercutting and undercounting people of Detroit
Mayor Mike Duggan and U.S Rep. Rashida Tlaib of Detroit don't always agree, but they joined forces Wednesday to urge census workers to come forward if they have evidence federal officials undermined the count in Detroit. In addition to ending the nationwide head count early, Duggan said, federal officials did not provide the staff typically assigned to Detroit in previous counts. And he said it took the feds almost a month to begin seeking out city residents who did not fill out census forms. Duggan and Tlaib urged other census workers with evidence that the Detroit count was disorganized or poorly run to call 866-20-COUNT (866-202-6868) or send an email to info@20count. Depending on what they learn, Duggan said the city may challenge the federal government's determination of how many people live in Detroit.
'There is no way to over-estimate their gall': Insiders reveal how 'megalomaniac' Ivanka and Jared will still win if Trump loses
I vanka Trump and Jared Kushner were waiting for Marissa Velez Kraxberger inside Trump Tower. Ms Trump and Mr Kushner, he writes, "would have transformed themselves from relatively obscure rich kids into international celebrities and brand ambassadors." Yet a little over a year after Mx Kraxberger’s departure, Mr Trump would indeed win the election, confounding his daughter's prediction - and everyone else's. Ms Trump and Mr Kushner went, of course, with Mr Trump to the White House. Fast forward four years, and Ms Trump, now 38, and Mr Kushner, now 39, are potentially facing another life-altering upheaval.
Trump paints apocalyptic portrait of life in US under Biden
This is the apocalyptic version of American life that President Donald Trump argues would be the dire consequence of turning over the White House to Democrat Joe Biden. “This election is a choice between a TRUMP RECOVERY or a BIDEN DEPRESSION,“ the president tweeted, echoing what he tells supporters at rallies. In July, Biden said Trump was the country’s first racist president, which glossed over the presidents before Trump who had held slaves. Loading... Loading... Loading... Loading... Loading... Loading...“We’ve had racists, and they’ve existed. They’ve tried to get elected president,” Biden said.
Americans plan widespread protests if Trump interferes with election
WASHINGTON (Reuters) - Dozens of activist groups who claim to represent millions of Americans from both political parties plan to hit the streets next week, if President Donald Trump appears to be interfering with vote counting or manipulating poll results after Election Day. Slideshow ( 3 images )The "Protect the Results" coalition of over 130 groups from Planned Parenthood to Republicans for the Rule of Law, has about 400 events protecttheresults.com planned to date. Participants are prepping to demonstrate "as early as the afternoon on Wednesday, November 4," the day after Election Day, and await a SMS message. If Trump tries to interfere in the counting of ballots, or pressures state or local officials to say ballots should no longer be counted “then we would mobilize,” he said. Election experts in these states are already warning it could be days before results are known, he added.
‘Let India remain a free country’: Supreme Court warns police on harassment over social media posts
The Supreme Court on Wednesday warned state governments and the police against summoning citizens from one part of the country to another over social media posts, The Times of India reported. Let India remain a free country,” the Supreme Court said, according to The Times of India. “We, as the Supreme Court, are here to protect free speech. Biswas then challenged this order in the Supreme Court. The Supreme Court bench of Justices DY Chandrachud and Indira Banerjee took exception of the police issuing her summons to appear in Kolkata.
Hong Kong police to air new weekly programme after partnership with RTHK axed
The Hong Kong police force will broadcast a new weekly programme on social media platforms starting on Thursday. It comes after public broadcaster RTHK and the force agreed to end their partnership in producing the long-running Police Report show in July. Officer Brandon Wong in a video promoting the new programme on Facebook. Wong and Mok had been the hosts of Police Report before RTHK and the force announced the decision to the axe the 47-year television programme. The end of the partnership came amid tension between police and RTHK over the content of the broadcaster’s satirical show Headliner.
Knife attack in French city Nice leaves three dead, several hurt
Suspected assailant detained after carrying out attack, in which at least three people were killed, according to officials. An attacker with a knife killed at least three people and wounded several others at a church in the French city of Nice on Thursday, officials said, in an incident the city’s mayor described as “terrorism”. Estrosi tweeted: “I can confirm everything suggests this was a terror attack in the Notre-Dame Basilica,” in central Nice. A security officer in the area after a reported knife attack at Notre Dame church in Nice, France, October 29, 2020 [Eric Gaillard/Reuters] Thursday’s attack comes while France is still reeling from the killing of Paty, by a man of Chechen origin. French forensics officers arrive at the site [Valery Hache/AFP] It was not immediately clear what the motive was for the Nice attack, or if there was any connection to the cartoons, which Muslims consider deeply offensive.
Nice attack: Three dead and several injured in suspected terror assault on church
Three people have been killed and several more wounded in a suspected terror attack in the southern French city of Nice on Thursday. The attack brings back terrible memories both for the people of Nice who have suffered other terror attacks in recent years, and indeed for the whole of France. Nice Mayor Christian Estrosi was among the first to give details of the attack on social media. "I confirm that everything suggests this was a terror attack," he added. "I can only strongly condemn the cowardice of this act against innocent people," said Abdallah Zekri of the French Council of the Muslim Faith (CFCM) in a statement.
Covid: Lockdowns return as Europe confronts second wave
Belgium, which has Europe's second-worst infection rate per capita, has reported its highest number of hospital admissions for Covid-19 since a peak on 6 April. There are 5,924 patients in hospital with the virus, 993 of whom are in intensive care. In a national address on Wednesday night, Prime Minister Alexander De Croo described the situations as "critical".
Federal Court in Texas Requires All Voters and Poll Workers to Wear Masks at the Polls
WASHINGTON - A federal court in San Antonio, Texas issued a ruling last night requiring that all voters, poll workers, and poll watchers wear masks at the polls throughout the state leading into the November election. The ruling, issued in a voting rights lawsuit brought by Mi Familia Vota, the Texas NAACP, and an individual Texas voter, takes effect immediately at all Texas polling sites. In the midst of the COVID-19 pandemic, Governor Abbott’s exemption for voters, poll workers, and poll watchers from the mask mandate unlawfully forced voters to make that choice, and Latino and Black voters were disproportionately impacted by it. We celebrate this ruling today for all voters across the State of Texas. Now that the district court has properly struck down the Governor’s poll place exemption, Texas voters can safely go vote in person without fear of contracting COVID-19 from unmasked voters and workers.”Read the full court ruling here.
Lawsuit Aims to Save Leopards From Import to U.S. as Hunting Trophies
On average the country imports nearly 300 leopard trophies per year, which is 52% of all leopard trophies in trade each year. During the most recent five-year period for which data are available, it imported 1,037 leopard trophies from Zimbabwe, Tanzania, Mozambique and Zambia alone. Please select a donation method:The lawsuit challenges the Fish and Wildlife Service’s failure to meet this obligation by authorizing U.S. trophy hunters to import leopard trophies from Africa. Furthermore, an endangered listing would increase transparency and give the public the ability to comment on trophy import applications. That petition also asked the agency to take immediate action to apply a stricter standard to the import of leopards as hunted trophies.
Sanders, Klobuchar Issue Statement Correcting Misinformation from President Trump and Justice Kavanaugh on Voting Processes
Despite the incorrect assertions from President Trump and Justice Kavanaugh, election officials across the country accept ballots well after Election Day every year, and results are not certified until the votes are counted and a canvas to confirm the results is conducted. Absentee ballots counted after election day do not ‘flip the results of an election,’ as Justice Kavanaugh claimed. “More than twenty states, including states like Mississippi, Kansas, and Utah, require ballots postmarked by Election Day to be counted even if they are received after Election Day. State and local election officials are working around the clock, and experts have concluded that the integrity of our election system is strong. Can you pitch in today and help us make our Fall Campaign goal of $80,000 by November 2nd?
The Trump Administration Set a New Low Number for Refugee Admissions at 15,000 for Fiscal Year 2021
This is yet another tragic continuation of the administration’s pattern of reducing access to the U.S. refugee admissions program for Muslim refugees. As refugees in the U.S. admissions pipeline, their needs for safety have been verified and security checks completed by U.S. security and intelligence agencies. The Trump Administration’s arbitrary bar on their admission will only serve to keep refugees in danger. Jennifer Sime, the Senior Vice President of Resettlement, Asylum, and Integration at the International Rescue Committee said:"The Trump administration continues to gamble with people’s lives as the President set the annual refugee admissions goal to a new historical low number of 15,000. Please select a donation method:“Since 2016, the number of refugees worldwide has grown by more than 14 million while the Trump administration lowered the refugee admissions cap by more than 80 percent.
The Black Hole of Depressions: Doing Nothing About Climate Emergency Could Cost More Than All the Wealth in the World
* That is in the worst case scenario where the world does virtually nothing to stop carbon dioxide and methane emissions over the coming decades. Although the governments of the world talk a nice game, actually none of them is significantly reducing their annual emissions. In 2019, you, I, and everyone else on earth put nearly 37 billion tons of the dangerous heat-trapping gas, carbon dioxide, into the atmosphere, the third year in a row the number increased. A couple of years ago, this site estimated the value of all the immoveable property in the world at $217 trillion. The world has what is called a “carbon budget.” This results from the ability of the oceans to absorb carbon dioxide.
Voting Will Not Save Us, But We Must Show Up Anyway
Black folks, queer folks, femme folks, folks who watched their families and friends lose jobs and healthcare during COVID, lose their lives to police brutality and incompetence. Voting doesn’t mean we accept the validity of our corrupt system or that our responsibility to change these systems comes once every 4 years. Voting doesn’t mean we accept the validity of our corrupt system or that our responsibility to change these systems comes once every 4 years. Voting will not solve everything and getting the “right” person in the White House won’t magically fix what has plagued this country since its beginning. Each of us must find our work and do it.”The work is voting.
Trump In A Nutshell: They Came For the Covid, But Stayed For the Hypothermia
Meanwhile, temps dropped to 31 degrees, MAGA hats weren't much help, and there were few masks in sight. At the rally, Trump said the U.S. was "turning the corner" on COVID, despite Nebraska cases hitting record highs and 500,000 new U.S. cases in the last week, but details, details. He also complained about the cold - "I'm standing here freezing" - and told his sheeple, "Get the hell out and vote." fumes and his hapless, frosty, often older supporters waiting in more lines for 30 buses to return them to their cars, almost four miles away. With Trump, we all end up abandoned in the cold and dark, trying to get home.
The Rise in Material Hardship Among Working-Class Whites and How It Could Impact the 2020 Election
While housing insecurity has remained relatively stable among whites overall, it has spiked among lower-income whites (under $50,000) without college degrees. Lower-income whites without college degrees were the largest group of voters who voted for Obama in 2012 but switched to Trump in 2016. Racial and Ethnic Disparities in Housing Insecurity Remain LargeIn an August 2020 report, CEPR documented substantial racial and ethnic disparities in housing insecurity between late April 2020 and July 2020. Fewer households have experienced housing insecurity than lost earnings, but the racial and ethnic disparities are even larger. However, the share of lower-income whites without college degrees reporting housing insecurity spiked in 2020.
Freedom Dreamers: The Faces of Student Debt
In a recent Instagram discussion about student debt for the Congressional Black Caucus, Rep. Ilhan Omar quoted Black Lives Matter founder Alicia Garza as saying, “We’re not freedom fighters, we’re freedom dreamers.” Rep. Omar, who has student debt of her own, went on to say: “We can all dream, and envision, and make it happen: a world without student debt.”Who are the people dreaming of a world without student debt? But many people will be surprised by some of the other groups who are especially harmed by student debt. Student debt also harms people who have no debt of their own – including unemployed and under-employed workers, small business owners, and the nation as a whole. Small business ownersIn a 2015 study for the Federal Reserve Bank of Philadelphia, “The Impact of Student Loan Debt on Small Business Formation,” economists found that student debt depressed the formation of new small business – that is, businesses with one to four employees. We Are All Freedom DreamersThe Levy Institute report shows that the entire US economy would grow if we cancelled all student debt.
Between Chaos and Commonwealth
But not more accepting of our world’s systematic disparities of wealth and poverty — and corresponding distortions of corporate and political power. Centuries ago, in a flat-earth world, looking up to the great lords on their commanding heights may have seemed quite natural. Didn’t the sun, moon, and stars shine down from the sky and didn’t gods in heaven above dictate from mountaintops? What’s not so natural or comprehensible today: that this Babel of wealth, power, and knowledge should still survive intact. Yet today we need all the energy and skills, ideas and models, plans and images we can muster between us.
'Grotesquely Fitting' Say Climate Campaigners as Trump Mulls Pro-Fracking Executive Order Ahead of Election
There is no doubt that fracking poisons our air and water, and that drilling is driving us towards climate crisis. There is something grotesquely fitting that an administration that has sacrificed climate action for the sake of the fossil fuel industry thinks fracking is a winner." Trump weighs issuing a not-so-subtle executive order on fracking as he seeks to shore up the oil-and-gas vote in battleground states. "In Pennsylvania fracking does make a difference at the margins. However, in 2016, then-Democratic presidential candidate Hillary Clinton lost all three states to Trump, and some polling in those states and others still suggest a second Trump victory in next week's election.
Unleashing the Power of Poor Voters
During the disastrous Wisconsin primary in April, an estimated 16 percent of Black voters in Milwaukee were disenfranchised. Please select a donation method:A report by the Poor People’s Campaign shows that increasing voter participation among the poor could make a huge difference in election results. In the 2016 presidential election, 34 million poor or low-income people who were eligible did not vote. If low-income voters had participated at similar rates as higher income voters (and voted against the winning candidate) in 2016, new low-income voters could’ve flipped the presidential results in 15 states. Single-digit increases in voter turnout among poor voters could have easily changed the results in states like Michigan, Florida, and Pennsylvania — not to mention Wisconsin.
'Bankrolling Extinction': Report Shows Big Banks Lent Over $2.6 Trillion to Fund Global Biodiversity Destruction in 2019
The world's largest banks in 2019 provided more than $2.6 trillion in loans and underwriting to economic sectors linked to the global biodiversity crisis while doing little to monitor, let alone curb, damage to life-sustaining ecosystems. Did you know that in 2019 banks pumped more than $2.6 trillion into sectors that are driving the destruction of nature? Please select a donation method:The report argues that "to prevent extinction, banks have to stop funding it." "The current legal system protects banks from responsibility and liability, and therefore reduces their business incentive to help address damaging activities. Robin Smale, director of Vivid Economics, pointed out that "the current legal system protects banks from responsibility and liability, and therefore reduces their business incentive to help address damaging activities."
Texas Supreme Court Upholds 'Shameful, Naked Voter Suppression' With Ruling Allowing State to Limit Counties to One Ballot Drop Box
In a ruling that critics said served as an endorsement of voter suppression, the Texas Supreme Court on Tuesday evening sided with Republican Gov. "Texas continues to be openly hostile to voting rights," tweeted Common Cause Texas after the ruling was handed down. Texas Supreme Court upholds governor’s order for single drop box per county for mail-in ballots. The Tx Supreme Court did its thing. https://t.co/WGtNGpaq4W — Myrna Pérez (@myrna_perez_) October 28, 2020"The Texas Supreme Court did its thing," Perez tweeted.
'Don't Be Fooled': Economists Warn Against Deceptive Trump Spin on New GDP Figures
Even though the numbers have not yet officially been released, the Trump reelection campaign is already running Facebook ads touting the "fastest GDP growth in history" and celebrating the "Great American Comeback" that the figures supposedly show. "One reason 30 percent growth doesn't mean the economy is healed stems from how percentage changes work when going down and then up. since @Facebook won't allow new political ads after tomorrow, team Trump went ahead & ran a bunch of ads today about record-setting GDP growth from the Q3 report that won't be released until 10/29. "However, even record-breaking third quarter real GDP growth of 30%-35% will leave the U.S. economy substantially smaller than when the year began." Forecasters predict that tomorrow's Q3 GDP release may reach 30% or higher, by far the largest rise on record.
Sanders and Klobuchar Explain to Trump: 'In America, We Count the Votes to Determine Who Wins'
"Despite the incorrect assertions from President Trump and Justice Kavanaugh, election officials across the country accept ballots well after Election Day every year." Those widely rebuked remarks came a day after Kavanaugh, a Trump appointee, issued an opinion parroting the president's lies about mail-in voting fraud. "In America, we count the votes to determine who wins an election," declared Sanders (I-Vt.) and Klobuchar (D-Minn.), both ex-Democratic presidential primary candidates who have since endorsed the party's nominee, former Vice President Joe Biden. "Absentee ballots counted after Election Day do not 'flip the results of an election,' as Justice Kavanaugh claimed. Absentee ballots counted after election day do not ‘flip the results of an election,’ as Justice Kavanaugh claimed.
America’s Imperial Expenditures & Escapades Stranger Than Fiction
In his classic 1961 novel Catch-22, his wounded protagonist lamented that “outside the hospital the war was still going on. After all, given the hardly distinguished recent track record of America’s 17 intelligence agencies – eight of them within the DOD – a bit more oversight and skepticism seems sensible. Especially since, in any given year, combined intelligence programs account for some 11 percent of the total defense budget. Yes, the very same Shia Washington once feared as a potential Iranian Fifth Column. After 9/11, the Taliban – which Washington had long tolerated even as they terrorized the populace – became the new absolute evil incarnate.
Can Biden win one of these states: AZ
More important matters are whether one of five swing states can be won by Biden/Harris. Basically, to win, Biden needs to win at least one of AZ/FL/GA/NC/PA. x Miles Taylor, former Chief of Staff to Kirstjen Nielsen and Chad Wolf at DHS, confirms he is 'anonymous'.https://t.co/AQb0iKeHRC — Kyle Griffin (@kylegriffin1) October 28, 2020 x I had an amazing conversation this morning with ... https://t.co/P99F5JJfU3 — Kyle Griffin (@kylegriffin1) October 28, 2020The Trump administration’s covid-19 message: You’re on your own. https://t.co/llKGAiJTSD — Daniel Dale (@ddale8) October 28, 2020x Opinion | The Trump administration’s covid-19 message: You’re on your own.
“Truth has a leftist bias”
You’ve probably heard that saying before. And I’ve seen it verified time & time again…Just as a recent example: my daughter (a sophomore attending- 100% remotely, at this time- Berkeley High), told me the other day how they managed to sneak some politics into her math class- where they illustrated a step function by presenting a graph of the minimum wage over time (which is constant until it jumps up when it gets increased, and then remains constant again until the next increase), contrasted with a function that varies continuously, illustrated by the minimum wage adjusted for the changing value of the dollar, over time (God I love Berkeley…)And now, there’s this…The above link will take you to a page created by web developer Dan Goodspeed, that has a graph- mesmerizingly animated over time- of the total number of COVID cases per million, broken down by state. The bars for each state are also color coded, in a spectrum ranging from intensely red (for heavily Republican states) to intensely blue (for heavily Democratic states). Early on in the pandemic, the distribution of red & blue in the graph is fairly random, as can be seen from the following 2 screenshots:However the graph becomes rather unmistakably stratified, as the pandemic progresses…Which perhaps isn’t too surprising, given that the reality of masks & social distancing being the most effective methods for reducing the transmission of the virus (in the absence of a vaccine or cure), isn’t going to change, merely because the deniers of science (a group strongly correlated with Republican affiliation) declare (with zero substantiation) otherwise. xI’d like to add one…What you say: “herd immunity”What I hear: “genocide”
TRUMP WHINES: Twitter Won't Allow Me to Tweet Bogus Biden Story that I'm Tweeting
The other closing argument of the Trump campaign is the one that he does want to see more media coverage of. On Wednesday morning he unleashed several tweets assailing the media for "suppressing" the Hunter Biden story. Twitter refuses to allow the any mention of the Biden corruption story which was carried so well on @TuckerCarlson last night. In another of Trump's morning tweets he said that "Calls grow louder to get special prosecutor to investigate Hunter Biden." Trump continued his twit-opining by asserting that "Media and Big Tech are not covering Biden Corruption!"
So you say you're 'pro-life,' huh? Yeah, I don't think so
Anyone who was actually “pro-life” wouldn’t belong to a group of Americans who loudly and actively disdain efforts to protect others from infection by this novel coronavirus. Amidst the ongoing COVID-19 pandemic, anti-choice political leaders have made it crystal clear that they don’t value people’s lives. Now, against experts’ recommendations, these so-called “pro-life” politicians and pundits have criticized and defied stay-at-home orders in states across the country. There’s nothing“pro-life” about deliberately putting people’s health and safety at risk. If they say “Republican,” you can laugh in their face and ask them if they have any more lies to sell.
Mi Famila Vota lawsuit against Trump, Barr, and Wolf for voter intimidation and Ku Klux Klan Act.
It was noted that Trump described the phrase Black Lives Matter as “a symbol hate.” Armed Federal agents, in unmarked clothing were deployed to break up assemblies and detain demonstrators, sometimes with violence. In June federal agents, including riot control teams from the Bureau of Prisons, were ordered to clear peaceful demonstrators from Lafayette Square in Washington D.C. In July the Customs and Border Protection sent armed federal agents to Portland Oregon, to protect the federal courthouse from protestors, some were wearing camouflage and tactical gear which lacked any insignia identifying them as federal agents, they used tear case and impact weapons to disperse mostly peaceful protestors. When asked if the federal agents to had probable cause to detain people, the Deputy Director of the Federal Protective Service, Kris Cline said they were not custodial arrests requiring probable cause. In Trump’s world federal agents can forcibly remove you from the public streets, and detain you, without charging you with any crime, or having probable cause.
Take Heart, America. Helping Humpday at Street Prophets Coffee Hour
HHday resides at the Street Prophets Coffee Hour, the intersection where politics and religion and faith and history and ethical values and art and serendipity conveniently meet and sometimes collide. When you take heart, you’re more able to deal with challenges like aging, illness, trauma, or conflicts with others. You’re also more able to take advantage of opportunities with confidence and grit... … Additionally, it takes heart to live in, live with, and live beyond times that are really hard. So, let’s all take heart and trust that our ship of state will soon be righted and back on course. Some need help with a one-time emergency.
Kagro in the Morning podcast (AUDIO): Wednesday, October 28 2020
Greg Dworkin asks us to keep our hands and feet inside the Pollercoaster… but you know what? Will Donald’s inept handling of his own rally, potentially endangering his own voters, because he stiffed the bus company, affect Donald Trump’s chance of reelection? Less than a week away from the election and the “How Trump Can Win” articles are finally slipping under “How Trump Can Lose” articles. It still is pretty certain that if Trump loses, he won’t be a good loser, and neither will his supporters. There is the chance Donald Trump could call for… well, violent insurrection and political assassination... as he is sometimes wont to do.
CNBC: Paulette Jordan running to be 1st Native American woman in U.S. Senate
Chip In To Support PauletteBy Courtney Connley — CNBCPaulette Jordan is running to become the first Native American woman in the U.S. SenateIdaho native and politician Paulette Jordan is hoping to bring a lot of change to her home state this November. As the Democratic nominee for Idaho’s Senate seat up for election this year, Jordan, is hoping to defeat long-term Republican incumbent, Sen. Jim Risch, who is running for a third six-year term. If Jordan wins, she will be Idaho’s first female senator and the first Native American woman in U.S. Senate history. Paulette Jordan, Democratic nominee for Idaho’s Senate seat.Photo credit: Paulette JordanAfter graduating from the University of Washington in 2003, Jordan followed in her family’s footsteps and was elected to the Coeur d’Alene Tribal Council in 2008, making her the youngest person to hold that role. “Many people ask, ‘Well, why in the 21st century have we never seen a Native American woman like yourself in the Senate,’” she says.
There is No Right-Wing Militia
Yes, we all need to vote and no, right-wing military groups aren’t going to take over. And there aren’t just police to confront these guys, there is a real militia, the National Gaurd, that can step in if these folks start shooting people. That well-regulated means a militia is controlled by the government for the good of the country. Where are these guys going to go? Does anyone think that they guys are going to drive enmass into such an area and start shooting?
10/28: No video today, sorry; just a tweet.
I need the same picture, but with cats...Twitter is good for something, anyway...x THE VIDEO THAT MADE MITT ROMNEY CRY! Till then enjoy Olbermann Vs Trump #1 explaining Trump is a terrorist. 15 minutes: https://t.co/0QyxdL4lVcFastest 2 minutes: pic.twitter.com/8iQNAxVhSy — Keith Olbermann (@KeithOlbermann) October 28, 2020Link to KO’s YouTube page. Note title and numbering updates for videos as of 10/25/20. These are published weekday evenings at 5:00pm Eastern time on YouTube, and I’m currently republishing them shortly thereafter.
The Tend Line Continues
We are at the preelection point now where in 2016 Clinton’s polling numbers took a nose dive after Comey's email lap top October surprise. That nose dive is what lead to all the conversations about polling being wrong in 2016, whereas the fact is that the late polling was approximately correct. And last but not least this bazaar story about Trump stranding rally goers out in below freezing temperatures in Nebraska. Unlike the week before the election in 2016 when Clinton’s polling averages went dramatically down, now in 2020 Biden’s numbers are quite dramatically trending upwards nationally and in swing states. Just keep in mind that we are about to enter a political period with an historically unusual window of opportunity for progressives.
America Was Ripe For Plunder By A Psychopath (part one)
In 2016, America was ripe for plunder by a clinical psychopath. Neil Postman delineates the contrast between the two dystopias in his influential book Amusing Ourselves to Death (1985):What Orwell feared were those who would ban books. Huxley feared those who would give us so much that we would be reduced to passivity and egotism. Huxley feared the truth would be drowned in a sea of irrelevance, Orwell feared we would become a captive culture Huxley feared we would become a trivial culture, preoccupied with some equivalent of the feelies. In short, Orwell feared that what we fear will ruin us, Huxley feared that our desire will ruin us.
Fun Indie Developed Dump Trump Game
The game has an animated Trump sitting over a dunk tank taunting the player with some of his more outrageous and offensive comments. The player aims and throws a tomato at a moving lever that must be hit to dunk Trump. I’m sure there are many people who would pay for a chance to dunk Trump, or throw a tomato at him for that matter, but this game is free. Voters can take out some of their frustration at the current political landscape by dunking Trump while also donating to the Democratic party. Donate if you will, but I hope you at least get some laughs from this satirical election game.
Rounding the Corner
President Trump keeps saying that we're rounding the corner with respect to the COVID-19 pandemic. Exactly what corner are we rounding? One morning it was seriously cold and there'd been freezing rain the night before, so the street was a sheet of glass-like ice. The Jeep did round the corner after a fashion. Is that what President Trump meant?
Culver City stands up to Big Oil, votes to phase out drilling in largest urban oil field in U.S.
In a year of record fires, record heat and the unprecedented Coronavirus in California, the City Council of Culver City, the site of the largest urban oil field in the U.S, voted on October 26 to phase out oil drilling. The council voted unanimously to phase out oil drilling, properly cap and remediate the site of the largest urban oil field in the country and develop a plan to enact a just transition for workers within five years. Twelve years of work went into the Culver City success and was highlighted in a webinar cohosted by Sierra Club and The Climate Center. Only in a Big Oil state like California would a Legislator have to even author a bill to ban offshore oil drilling in a "marine protected area." And only in a Big Oil state like California would the Legislature vote against a bill to stop oil drilling in a "marine protected area."
Dear Coach Saban: Please endorse Doug Jones for AL Senate. You'll be doing well by doing good!
You have a rare opportunity to pull this off by endorsing Doug Jones for Alabama Senate. Now it’s time for an additional step: Supporting Doug Jones for Senate next Tuesday. On the other hand, when asked about Black Lives Matter, Tommy Tuberville said, “This is not a black issue. Doug Jones or Tommy Tuberville? Marching with your players certainly helped your reputation among African-American recruits , Endorsing Doug Jones would extend and solidify it.
Bishop of church that triggered Charlotte super spreader: Keep coming to church, COVID be hanged
But something playing out in my hometown of Charlotte has done exactly that, and then some. A yearly convocation at a Charlotte megachurch has triggered the area’s first bona fide super spreader—and there is now overwhelming evidence that this was a criminal act. Earlier this month, the United House of Prayer for All People held a “holy convocation” at its flagship church in Charlotte, just north of downtown. And yet, according to these members, church leaders sat on their hands and let the gatherings continue. If this is even half true, then the United House of Prayer basically planted a dirty bomb in Charlotte—with my neighborhood as the epicenter.
A Teacher in Vegas
They will NOT be sitting with their teacher and friends, playing games to improve their reading or math skills. They will NOT have a teacher sitting at their desk for one-on-one help. Their teacher will be attempting to help them from a minimum of six feet away – there will be no individual help. And God forbid a student or teacher get severely ill or die. I certainly don’t want to explain to my children that their friend, classmate, or teacher is dead.
Trump’s Body Count: War Crimes Against Iran and Venezuela
Trump’s Body Count:War Crimes Against Iran and VenezuelaBy Al CarrollTrump has been trying to overthrow the governments of Iran and Venezuela since he first took office. Trying to Start a War with IranBefore Obama, every US president since Jimmy Carter has denounced, sanctioned, and occasionally bombed Iran. One Failed Coup After Another in VenezuelaBoth GW Bush and Obama tried to force first Hugo Chavez and then Nicolas Maduro out of office. Where Obama tried diplomatic and limited economic pressure, Trump has tried coup after coup and repeatedly tried to invade. His next book is Trump’s Body Count: The Horrific Human Rights Record of America’s Third Worst President at https://www.amazon.com/dp/B08KY8XRYB?ref_=pe_3052080_276849420.
Preparing to Play the SCOTUS Trump Cards: 'BradCast' 10
If you have any doubts about that, they quote noticed science and technologist Ivanka Trump as supporting evidence;20 former Republican U.S. (So much for Trump as the self-proclaimed "law and order President");Hundreds of Trump supporters were left stranded by the Trump Campaign in frigid temps on an airstrip in Omaha, Nebraska on Tuesday night, after Trump's latest super-spreader rally. But he still has a few Trump Cards that he believes -- with good reason -- he may be able to play at his stolen and corrupt U.S. Supreme Court. That effort will involve preventing timely cast ballots from being tabulated at all following Election Day. Since elections are never certified by states on Election Night -- only the media declare "winners", in that sense -- official state results cannot be "flipped" with the counting of ballots after Election Day.
Overnight News Digest October 28, 2020
From there it made its way across metro New Orleans, taking down trees and wrecking roofs from Grand Isle to Slidell. The new deadline for mail-in ballots to be received is Nov. 12, though ballots must still be postmarked on or before Nov. 3, Election Day. he previous deadline for ballots to be received by local boards was Nov. 6, as set by state lawmakers. Tuesday marked the last day that postal and election administration experts said ballots could be mailed to ensure delivery in time for Election Day, based on national first-class mail service. The celebrated Parisian bookstore told readers on Wednesday that it was facing “hard times” as the Covid-19 pandemic keeps customers away.
I Got your Recall Petition Right Here, M*therF*cker!
It was with great pleasure that my lady friend and I dropped off four ballots at our local voting location here in Clark County, Nevada. I was irritated on the way in by some jerk with a bull horn just outside the legal perimeter with a recording that repeated over and over “Sign the petition to recall Governor Sisolak and open up Nevada. Sign the petition right here.” Right — let’s all get Covid. As soon as I was past the “perimeter” sign. I turned to the idiot with the bullhorn and shouted “I got your petition right here, motherfucker!” And gave him the classic double palm outward crotch shot signifying “right here!!”.
AZ-Sen: New Poll Has Mark Kelly (D) Leading Martha McSally (R) 50-40, Biden Beating Trump 49-46
In Maricopa County, Arizona’s largest county, the Democratic candidates for County Attorney and Sheriff hold leads against their Republican opponents. Our polling shows strong leads for Presidential candidate Joe Biden and Senate candidate Mark Kelly in Arizona ahead of Tuesday’s election. ?Democratic challenger Mark Kelly is leading current Senator Martha McSally 50% to 40%, ?with 10% of respondents undecided. In Maricopa County, one of the most important national swing counties, our polling shows strong leads for Democrats in the County Attorney and Sheriff elections. Democratic ?Maricopa County Attorney nominee Julie Gunnigle leads incumbent Republican Allister Adel 38% to 32%.In the Maricopa County sheriff’s race, incumbent? Democrat Paul Penzone leads Republican challenger Jerry Sheridan 47% to 33%.
I am hoping that the appointment of Amy Coney Barrett turns out to be a Pyrrhic victory.
They think it will be a win for them but I think that will be their final downfall. I think that getting rid of the ACA with no real replacement will turn even more of the people against them. Things are going to be bad even if we do get our blue wave and win the election handily. Once the new Supreme Court does the things I mention above I don’t see anyone arguing too much when we rebuild the Supreme Court by adding justices and setting term limits. We also need to rebuild much of the federal court system.
Morning Digest: Uber's 9-figure ballot measure to curtail driver rights narrowly leads in new poll
Despite the yes side's lopsided resource advantage, UC Berkeley finds little change from its last poll in mid-September, when Prop. The only other poll we've seen was a late September SurveyUSA poll that had the measure in better shape with a 45-31 edge. 22 would impose massive costs on them that would lead to far fewer drivers in California and higher prices for customers. Local governments would also not be able to require companies to provide additional benefits or protections for their gig workers. More than $5 million will go towards turning out voters of color, while the rest will be for digital ads.
North Dakota has the highest COVID-19 death rate and lowest mask-wearing. Go figure
Masks work. But thanks to Donald Trump politicizing them, many people reject masks and boost the spread of the coronavirus around the United States. We’re in a third surge that is about to swamp the previous two, disastrous ones, and many of the people in affected areas are not willing to change their behavior for their own safety or for public safety. For instance, “North Dakota has the highest covid death rate per capita in the world right now,” the Institute for Health Metrics and Evaluation at the University of Washington’s Christopher Murray told The Washington Post, yet data suggests that less than 50% of people there wear masks. When Dr. Deborah Birx was in the state on Monday, she told reporters, “Over the last 24 hours, as we were here and we were in your grocery stores and in your restaurants and frankly, even in your hotels, this is the least use of masks that we have seen in retail establishments of any place we have been.”
A Senate majority isn't assured. This is how close we are to flipping the Senate
Using FiveThirtyEight.com’s Senate forecasts, we can see just how close that dividing line between “good” and “the best ever” really is. So is a four-seat majority enough to pass the kind of aggressive reforms we need to safeguard our democracy? It’s a real dogfight just to get to a small majority. I actually think both Georgia Senate seats are looking good for us (even if we might need to wait until January to clinch the seats in runoff elections). That’s how close things are between a tied Senate, or even Republicans maintaining their majority, and a 10-seat majority that could become 14 seats nearly overnight with Washington, D.C. and Puerto Rico statehoods.
Pandemic Observations -- October 28, Top 40+ Nations (Israel Revisited Edition):
It was just a month ago when Israel, foreshadowing the latest resurgence of the coronavirus that was about to sweep across Europe and North America, crossed the previously unheard of threshold of 5,000 new Covid-19 cases per Million population per week (i.e. a weekly infection rate of 0.5%). a weekly C/1M of 1,000+). Nonetheless, just over a week before reaching its peak infection rate, Israel reinstated the same sort of draconian lockdown measures that had enabled it to crush the initial phase of the pandemic back in March and April. And despite all the grumbling and “Covid fatigue” from a significant portion of the population, they are now one of only two countries (Australia being the other) to have substantially defeated a significantly worse second surge of the coronavirus — reducing their weekly infection rate by nearly an order of magnitude to their pre-surge levels over the past month.
Trump's precious stock market plunges right as he makes closing argument to voters
After a smaller dip Tuesday, the Dow tumbled more than 943 points Wednesday, or about 3.4 percent," according to The Washington Post. The Dow has tumbled more than 2,400 points since early September, roughly an 8% decline. On Wednesday, Joseph LaVorgna, the chief economist at the White House National Economic Council, tried to pin the stock market dip on Europe. But no matter what happens, expect Trump to lie about the stock market. After all, among Trump’s list of first-term accomplishments, the White House included "ending the COVID-19 pandemic."
USA joins sad and sorry 700 club. Now among the world’s worst eight Covid-19 victim nations.
Chart showing the 20 nations worst-affected by the coronavirus pandemic at 28 October 2020. Data from worldometers.comYesterday the USA clicked over 700 deaths per million population from the coronavirus, joining just eight loser countries with that shameful record. The others are Ecuador (711), Chile (732), Bolivia (742), Brazil (744), Spain (758), Belgium (962) and Peru (1,036). The USA has surged ahead of most of the countries badly affected in the early months of the pandemic. It is intriguing to note that the worst-affected twenty nations include ten classified by the UNHRC as very highly developed (shown in red on the chart, above) and ten less advanced nations.
Shouting as a COVID-19 spreader risk, and three sobering scenarios. Spot the Trump implications.
Part of a long analysis of how COVID-19 propagates via aerosols. They don’t directly mention the ‘Trump shouting’ implications though. speaking in a loud voice releases 50 times more virus-laden particles than when we don’t speak at all. These aerosols, if not diffused through ventilation, become increasingly concentrated, which increases the risk of infection. The whole analysis of three scenarios (a social gathering in a private house, a bar, and a schoolroom) is a sobering read.
538 says there's "Little sign of the presidential race tightening."
x Right- @chrislhayes is absolutely right, The ABC/WashPO poll released their results as they fell. It showed Joe Biden 17 points (not a typo) ahead of President Trump, 57 percent to 40 percent, among likely voters. Project Veritas for years has misrepresented itself to get an inside look at how Democratic campaigns and liberal groups operate in Wisconsin and around the country. In the latest episode, a man with ties to Veritas posed as a documentary filmmaker to get interviews with liberal groups, according to those groups. In all, six groups said they were targeted: BLOC, Voces, Our Wisconsin Revolution, Souls to the Polls, Wisconsin Race Class Narrative Project and Wisconsin Voices.
My 1st Sign. I Took This Photo As A Marine Officer Walked Towards Me. He Was Pissed Off. So Was I.
But I was a Democrat at the end of December in the year 2000, and absolutely prepared to stand my ground. Here was our conversation:“Did you put that up there?”“Yup.”“Why are you displaying the flag like that?”“It’s an international sign of distress.”“I know it’s a sign of distress. He did not, as I’d expected, go onto the bridge and take down my sign, which I really appreciated. 1st experiment with approach/reveal — from a distance looks like a bus terminal or water fountain sign from the late 50’s. And the way to do that was by putting signs on freeways, but not like the ones I’d seen because those signs looked like crap.
Natives Turn Out in Record Number, Rev Up Actual Bus To Finish Trump in Arizona
In Kayenta, near Monument Valley and the Utah state line, fully one-third of the early ballots are coming from Navajos who have not voted in many years. The 25 paid field organizers of Northeast Arizona Native Democrats have been working to produce this turnout for many months. Of the first 11,800 early ballots returned in Apache County (Arizona’s far northeast which ironically includes the heart of the Navajo Nation), 7,732 have come from Democrats. The White Mountain Apache Tribe responded by creating a new bus line with twice-daily service between Canyon Day and Globe, the county seat with the nearest drop box for Gila County ballots. This doesn’t account for the fact that many county election officials, particularly in Democratic northeast Arizona, are behind in opening their mail.
Desperate Trump campaign trots out Melania to make partisan attacks
"Let us also not forget what the Democrats chose to focus on when COVID-19 first came into our country,” Melania offered. “While the President was taking decisive action to keep the American people safe, the Democrats were wasting American taxpayer dollars in a sham impeachment.”Um. So we’re in very good shape.”February 25: “I think that’s a problem that’s going to go away.”February 27: “It’s going to disappear. Trump has rolled back progress President Obama and I made to strengthen global health security. Senate Minority Leader Schumer called on Trump to declare a national emergency on January 26.
'It's really important to me to be in this fight': DACA recipients working to get out the vote
Not only are their families at ongoing risk of separation, their immigration protections have been decimated. "Many of our leaders who are volunteering … their family members have gotten sick or lost their jobs because of the pandemic,” she said. "It's really important to me to be in this fight," Guzman said to CNN. Young voters respond to text messages, and NextGen America is reaching out to young voters in 11 battleground states to make sure they have a plan to vote. Sign up to volunteer, and spend some time sending text messages to get out the vote.
Trump's thin, thin skin is showing as Obama says a fraction of what he really thinks
At another Florida rally, on Saturday, Obama listed some of Trump’s greatest hits, like suggesting bleach injections to cure coronavirus. “Florida Man wouldn’t even do this stuff!” Obama said. “Why do we accept it from the president of the United States?”And yeah, Trump immediately tweeted about that speech, too. Obama is taking over that role while Harris meshes her tone more with Biden’s unity-focused theme. For years, Obama had to work to deny anyone the chance to stick “angry Black man” stereotypes on him, and he did that work.
An innovative way for Bay Area volunteers to get out the vote in swing states
That's why Manny's—a politically themed restaurant at 16th & Valencia in San Francisco's Mission District—has set up get-out-the-vote Victory Booths on their sidewalk as a safe, coronavirus-compliant way to do in-person volunteering to reach voters in swing states. Click here to volunteer for a shift at Manny's Victory Booths. When you show up, you will be given the choice to phonebank or textbank to Democratic voters in swing states. We are so close to recruiting 100,000 get-out-the-vote volunteers for the 2020 cycle. Click to sign up for a shift at Manny's, and come join us at the Victory Booths.
Storms in the south and melting ice in the north are emblems of a changing world
The National Snow and Ice Data Center has been tracking the extent of Arctic sea ice for decades. That heat results in more melting ice, and more heat, and … the result is an average extend of sea ice that has fallen over 40% in as many years. Initially, 2020 looked to be tracking second to the record low sea ice in 2012, but as fall began, something … different happened. Since this is sea ice, it’s melting won’t directly cause ocean levels to be higher. The melting ice has already fueled the destabilization of the polar vortex.
Wednesday Night Owls: Beating Trump is just the beginning
Social movements need a healthy ecology, which means a wide array of activities and manifestations of grassroots power. I say on the campaign trail that we need our feet on the ground and our eyes on the stars of our ideals. If nothing else, Donald Trump has revealed just how much state power matters in this country. They never have been from the beginning of our country and they are not now. As much as our favorite boogeyman loves the limelight, there's one thing he loves even more—being Senator.
Biden Vs Trump Poll: Joe Biden Lead Shrinks As Donald Trump Tops 2016 Vote Share In IBD/TIPP Presidential Poll
Biden Vs Trump Poll: Suburbs Back ChallengerUrban voters prefer Biden by a 38-point margin, outperforming Clinton's 2016 result, the IBD/TIPP presidential poll update finds. The IBD/TIPP presidential poll shows suburban voters back Biden vs. Trump, 53.5% to 44%. Presidential Poll DemographicsIBD/TIPP's latest Biden vs. Trump poll suggests the president now leads by 8 points among senior citizens, 53%-45%. Meanwhile, Trump trails Biden among Hispanics, 33%-65.5% in the latest IBD/TIPP Biden vs. Trump poll. Yet the latest IBD/TIPP Trump vs. Biden poll finds important contrasts with the Trump vs. Clinton race.
European defence still matters but not for Lithuania
European countries have different points of view on the issue of the EU collective defence and security. European experts believe, that in order for European countries to be able to defend themselves and choose their own course independently, a consolidation of national defence industries is urgently needed. For this, the EU needs to create a real European Defence Technological and Industrial Base, which can only take shape through the incentives and projects conducted within the European Union. Other European countries such as Lithuania, Latvia and Estonia which are not ready to make their own sufficient investment in the European defence, prefer to completely rely on NATO and the U.S. The opposite positions could lead to a greater gap between European countries and dissatisfaction with existing frame of the organization.
The beginning of the end for the U.S. empire's grip over Latin America
The dominoes have begun to fall for Washington's paradigm of domination over Latin America. In Bolivia, Movement for Socialism (MAS) candidate Luis Arce is to be inaugurated next month after having won the country's election. But these roadblocks to equality won't afflict Chile or the rest of Latin America's capitalist countries forever. Less than a year after 2019's vast wave of Latin American protests died down, new revolts are breaking out. The perpetual drawback to these types of efforts towards achieving change is that they're functioning within the confines of the capitalist state, and therefore can't be revolutionary until the capitalist state within each given country is overthrown.
More than 1 Million Mail-in Ballots May be Rejected, Say Experts
Sixty percent of voters — nearly 70 million people — are projected to vote by mail nationwide during the coronavirus pandemic. Those who study absentee rejection rates estimate that 1 percent to 2 percent of those votes — potentially more than 1 million — won't count, which could make a difference in battleground states. 'The vote-by-mail ballot rejections are going to be the hanging chads of 2000,' said Daniel Smith, a professor of political science at the University of Florida. The risk of ballot rejection varies by demographics and geography. The rate of rejection tends to be higher for Black, Hispanic, female and younger voters, as well as for people who don't usually vote by mail.
Arms Control and Domestic Security
Less talked about is the world's crumbling arms control infrastructure, much of which has occurred in the Donald Trump Administration. Little attention has been given to how much our current arms control policies will cost us in the long run. Arms Control Association Executive Director Daryl Kimball pointed out in his story "Trump's Dangerous Disarmament Diplomacy" that no one really wins an arms race. However, the decision is about more than just arms control agreements. Let us work toward a security that includes more economic and environmental security and fewer nuclear and traditional arms!
Germany, France Gear up for New Lockdowns as Virus Surges
Germany and France were bracing for new lockdowns Wednesday, as governments sought to stop the fast-rising tide of coronavirus cases that are beginning to fill European hospitals. French markets opened lower on expectations that President Emmanuel Macron will announce tough measures during a televised evening address to the nation. Doctors in France are calling on the government to impose a new nationwide lockdown, noting that more than half of the country's intensive care units are now occupied by COVID-19 patients and medical staff are under increasing strains.
The Black Hole of Depressions: Doing nothing about Climate Emergency could cost more than all the Wealth in the World
* That is in the worst case scenario where the world does virtually nothing to stop carbon dioxide and methane emissions over the coming decades. Although the governments of the world talk a nice game, actually none of them is significantly reducing their annual emissions. In 2019, you, I, and everyone else on earth put nearly 37 billion tons of the dangerous heat-trapping gas, carbon dioxide, into the atmosphere, the third year in a row the number increased. A couple of years ago, this site estimated the value of all the immoveable property in the world at $217 trillion. This results from the ability of the oceans to absorb carbon dioxide.
Hospitals Are Reeling Under a 46 Percent Spike in Covid-19 Patients
The patient who died on Tuesday morning at Aurora St. Luke’s Medical Center was rolled out of her room under a white sheet. One nurse, fighting back tears, stood silently in the hall as the outline of the body passed by — one more death in an eight-month-old pandemic that has no end in sight. “Those moments, they hit the soul,” said Jodie Gord, a nurse manager who oversees a team of about 120 people at the hospital in Milwaukee. Aurora St. Luke’s is far from alone in coming under strain. Hospitals around the United States are reeling from the rampaging spread of the coronavirus, many of them in parts of the country that initially had been spared the worst.
US Reports a Record 500,000-Plus Coronavirus Cases Over the Past Week
The United States reported a record of more than 500,000 new cases over the past week, as states and cities resorted to stricter new measures to contain the virus that is raging across the country, especially the American heartland. The record was broken Tuesday, even as the Trump administration announced what it called its first-term scientific accomplishments, in a press release that included “ENDING THE COVID-19 PANDEMIC” written in bold, capital letters. The record reflects how quickly the virus is spreading. It took nearly three months for the first 500,000 coronavirus cases to be tallied in the United States — the first was confirmed on Jan. 21, and the country did not reach the half-million mark until April 11. Testing was severely limited in the early days of the pandemic.
The Pandemic Has Been A Bonanza For The Rich
From Other WordsBillionaires are letting their money make money for them, while CEOs slash jobs and reward themselves with bonuses. (Image by Video Screenshot) Details DMCALet's say you're a millionaire. Now let's say you're a billionaire. Rich is nice, but billionaire-rich is over the moon and the wealth of billionaires is now zooming out of this world. They didn't work harder, didn't get one-digit smarter, didn't create some new breakthrough product to benefit humankind.
Bolivia's Hardline Christian Govt Charged with Massacring Protesters as Morales Returns from Exile
Almost exactly one year after he was overthrown in a U.S.-backed military coup, former Bolivian president Evo Morales is set to return to his homeland. Earlier this week, a Bolivian court threw out terrorism charges leveled by Jeanine Añez's coup government against Morales. MAS won a landslide victory on October 20, receiving over 55 percent of the popular vote in a five-way election. As president from 2006 to 2019, Morales grew the Bolivian economy while also greatly reducing poverty, illiteracy, and hunger. Under her rule, the MAS was persecuted, its leaders charged with sedition and terrorism, with many (like Morales) forced to flee the country.
How the US, Turkey, and Israel are fueling a forgotten war between Armenia and Azerbaijan
Subsequently a war broke out between Armenia and Azerbaijan over the territory, killing 30,000, and displacing about a million people. I don’t think Russia thinks it’s a good move strategically to get more involved militarily. And, frankly, I don’t think that they think they have as big of a dog in the fight as we think they do. And the second thing is I don’t think there’s a lot of partisan points to be gained on it. Both Trump and Biden don’t think this is something that’s going to resonate with the American people, with voters.
'Should Be Ashamed': After Installing Barrett, McConnell Adjourns Senate for Recess With No Covid Relief in Sight
They just didn't think Covid relief was important." "Small business owners, workers, and families are desperate for support—and lawmakers and the president abandoned them in order to focus on jamming through a historically non-transparent and extreme Supreme Court pick," Herrig continued. The US Senate confirmed Amy Coney Barrett as a Supreme Court judge in 31 days. "They just didn't think Covid relief was important," Greenberg tweeted. We should not be voting on a Supreme Court justice—we should be voting on major COVID19 relief to protect working families.
After Installing Barrett, McConnell Adjourns Senate for Recess Sans COVID Relief
After installing right-wing judge Amy Coney Barrett on the Supreme Court just days ahead of the November presidential election, Senate Majority Leader Mitch McConnell summarily adjourned his chamber for recess late Monday without approving any additional coronavirus relief, effectively signaling that the prospect of an aid package ahead of next week’s contest is dead. “Small business owners, workers, and families are desperate for support — and lawmakers and the president abandoned them in order to focus on jamming through a historically non-transparent and extreme Supreme Court pick,” Herrig continued. “Senators should be ashamed of themselves.”The US Senate confirmed Amy Coney Barrett as a Supreme Court judge in 31 days. It's been 87 days since enhanced unemployment aid and a lot of small biz aid expired. We should not be voting on a Supreme Court justice—we should be voting on major COVID19 relief to protect working families.
Is Trump Trying to Suppress Votes by Saying He’ll Disregard Election Results?
Trump could even persuade GOP-controlled state legislatures to submit separate slates of electors declaring him the winner, despite the certified popular vote. Both stand to benefit from a fair election that removes Trump and puts an end to his chaotic administration. A candidate openly attesting that they may not honor election results is a signal to the public that their vote will not count. Is the threat of Trump not accepting the election results a form of voter suppression? A candidate openly attesting that they may not honor election results is a signal to the public that their vote will not count.
White House Press Release Wrongly Claims Trump Has Defeated COVID
In a release titled “Trump Administration Releases Science and Technology Accomplishments from First Term,” the OSTP purported that President Donald Trump had achieved many feats when it came to promoting science. “President Trump has solidified America’s standing as the most scientifically and technologically advanced nation the world has ever seen…. Those comments, however, come within just a few days of the coronavirus pandemic reaching its highest levels yet, in terms of new diagnoses being made, demonstrating that the accolades are wildly incorrect. The Trump administration’s claims that the virus has been defeated are patently false for another reason: Members of his own executive staff continue to get infected with coronavirus. Covid, Covid, Covid, he’s complaining.
Biden Slams Trump for Stranding Omaha Rallygoers in Near-Freezing Temperatures
Democratic candidate for president Joe Biden lashed out at President Donald Trump on Wednesday, making strong criticisms against the president for a campaign event that he held in Omaha, Nebraska, on Tuesday night, which resulted in the stranding of thousands of rallygoers in near-freezing temperatures. Trump wrapped up his event at Eppley Airfield in Omaha, departing on Air Force One around 9 p.m. The Trump campaign took no responsibility for the mishap, claiming that it had provided enough buses for the event and blaming local road closures for what transpired. However, a local volunteer with the campaign offered a contrasting view of what happened, saying little guidance was given to local campaign officials on how to manage the exodus of supporters after the rally. He added that the event “captures President Trump’s whole approach in this crisis” as well, referring to the coronavirus pandemic.
Tuesday’s Down-Ticket Elections Are the Most Important in Generations
Joe Biden wins, but the Democrats fail to take the Senate, ushering in four years of nothing getting done; 3. “Democrats need a net gain of four Senate seats to win the chamber if Biden loses,” reports CNN. In Colorado, GOP incumbent Cory Gardner is likewise facing a large polling deficit against his opponent, Democrat John Hickenlooper. In North Carolina, a sexting scandal surrounding Democratic challenger Cal Cunningham has not served to blow up his lead over GOP incumbent Thom Tillis. Iowa is close, with challenger Theresa Greenfield leading GOP incumbent Joni Ernst by a slim three points.
Nearly 10,000 eviction actions filed across the US since September despite CDC moratorium
According to a recent report by NBC News, some 10,000 families face eviction from their homes due to a surge in filings by big residential landlord companies since the beginning of September. Her landlord, Progress Residential, she says was unsympathetic and uncooperative in working with her considering her economic situation. For their part, the landlord companies carrying out these evictions have told reporters that they are doing everything according to the law and the rules of the CDC moratorium. Progress Residential has filed 97 evictions since the beginning of the CDC moratorium. According to renters’ advocacy groups, most judges accept the terms of an eviction even if it technically falls within the stipulations for protection.
Barrett and GOP Threaten Health Care for Millions, Democrats Say
As early as November 10, the Supreme Court will consider a case at the center of the GOP’s years-long and deeply unpopular campaign to sabotage and dismantle the Affordable Care Act. Democrats argue the law has improved health care for millions and should remain. Democrats and their allies are hoping to sway undecided voters nervous about losing their health care during a public health crisis. In addition to her presumed opposition to the health care law, the new justice is also seen as a threat to LGBTQ rights, voting rights, racial justice and reproductive rights. “The Republican presidential platform calls for nominating judges who will reverse the Affordable Care Act,” said Sen. Sheldon Whitehouse, a Democrat from Rhode Island.
WSWS coverage of political economy is scientific and therefore partisan
I have been privileged to have been involved, from the very initiation of the WSWS, in writing on issues of political economy. Nick BeamsLet me begin by noting that our coverage is not about so-called “economics” but political economy. They are an historical phase in the ongoing development of human society, destined to be overthrown by the working class. When the WSWS was launched in February 1998, the world capitalist economy was passing through the effects of the so-called Asian financial crisis that had erupted in July 1997. This is the alpha and omega of the analysis of political economy by the WSWS.
As US vote total surges, Trump, Republicans seek to block counting
In 2020, as many as 160 million people are expected to vote, with as many as 100 million voting early or by mail. President Donald Trump speaks during a news conference in the James Brady Press Briefing Room (AP Photo/Andrew Harnik). By contrast, many heavily Republican states have early votes at a much lower percentage of 2016 turnout, including Missouri (19 percent), Oklahoma (14 percent), Alabama (7 percent) and Mississippi (5 percent). This explains why the Trump campaign is seeking to disqualify as many of the mail ballots and early in-person votes as possible, through bogus claims of fraud. In some Republican-controlled counties in Pennsylvania, officials have even decided as a matter of policy to begin counting mail ballots only after all in-person ballots have been tabulated.
Health systems in the United States are facing growing strains with the surge in COVID-19 cases
The number of US COVID-19 cases surpassed nine million yesterday, with 500,000 of these cases added to the ledger just in the last week. “Last week saw the highest number of COVID-19 cases reported so far. Twenty-five percent of the 1,385 COVID-19 patients are in the ICU. As of Monday, there are 173 COVID-19 patients admitted, with 29 in the ICU. Michigan, Pennsylvania and Wisconsin, critical states for President Trump’s reelection bid, are all states where cases and hospitalizations have risen sharply.
As COVID-19 surges in Europe, governments protect profits over lives
The resurgence of the virus had made clear that European governments’ ending of lockdowns this spring was disastrously premature. Imposing a genuine shelter-at-home policy to protect the population from the global pandemic requires an independent, international mobilization of the working class against the European governments. While claiming to pursue lockdowns, European governments are thus essentially continuing their murderous strategy of “herd immunity,” letting the virus keep spreading through the population. As COVID-19 ripped through the population, European governments, shocked by the movement from below, suddenly changed course and implemented lockdowns. It requires a conscious political mobilization of the working class across Europe against capitalism, on a socialist program.
Tens of thousands protest new restrictions on abortion in Poland
Since the end of last week, tens of thousands have been protesting in Poland against new restrictions on abortion. The mass protests were triggered by the decision of the Polish Constitutional Court to declare the country’s abortion regulations unconstitutional. As early as 2016, the ruling PiS party had proposed a change in the law to parliament, the Sejm, which provided for a similar restriction on abortions. With the almost complete abortion ban, the PiS is intensifying its attack on human rights and its authoritarian, extreme right-wing course. The SLD is the official successor party to the former Stalinist state party and, as a long-running party of government after the restoration of capitalism, has, like the PO, launched fierce social attacks.
Trump defends killer cops and police attacks on protesters in Philadelphia
… Last night, the city of Philadelphia was ransacked by violent mobs and Biden-supported people. When protests erupt against his hijacking of the election, Trump will declare them “anarchist riots,” “mob rule” and “domestic terrorism” to justify a police state crackdown. Both the Pennsylvania state house and City Hall in Philadelphia are controlled by the Democrats, who have overseen the police crackdown against protesters. In addition to the protests in Washington D.C. and Philadelphia, protests in solidarity with Walter Wallace were held in New York City and Portland on Tuesday night. This is because their primary concern is to suppress popular opposition to Trump and contain the political crisis within the state.
Amid tense India-China border stand-off, US and India boost military-security partnership
Kashmiri Bakarwal nomads walk as an Indian army convoy moves on the Srinagar-Ladakh highway at Gagangeer, north-east of Srinagar, India in June. The conflict between India and China over their disputed Himalayan border continues to percolate. From its outset, Washington has provocatively intruded in the current dispute, denouncing Chinese “aggression” and egging India on in adopting a hard-line stance. The visit by Pompeo and Esper succeeded in further integrating India into Washington’s war plans against China. Washington has pledged to assist India in pressing American and western-based companies to make India an alternate production-chain hub to China.
US threatens military strikes against Iran and Venezuela
(Official White House Photo by Joyce N. Boghosian)The threat was issued by Elliott Abrams, who holds the combined posts of US special envoy for both Venezuela and Iran. “The transfer of long-range missiles from Iran to Venezuela is not acceptable to the United States and will not be tolerated or permitted,” Abrams said. Under the JCPOA, Iran agreed to restrictions on its civilian nuclear program in exchange for the lifting of sanctions. We’ll overcome but NEVER forget.”On Wednesday, Iran reported 415 COVID-19 deaths, the highest one-day total since the pandemic began. Iran and Venezuela have conducted trade, particularly in terms of Iranian shipments of gasoline and oil products, despite US threats to seize such shipments on the high seas.
Trump and Biden campaigns, Tropical Storm Zeta, California wildfires: 5 things to know Thursday
Remnants of Zeta to wallop eastern US with rain, windHurricane Zeta made landfall Wednesday near Cocodrie in Louisiana, with winds estimated at 110 mph, before weakening to a tropical storm early Thursday over central Alabama. Louisiana has had the worst of it this year, hit by two tropical storms and now three hurricanes. Zeta is the 11th tropical storm or hurricane to hit the U.S. this year, an all-time record high for the nation. It's also the fifth tropical storm or hurricane to hit Louisiana this year, an all-time record for the state. California wildfires: Progress but work remains to control blazesFirefighters are working to contain blazes in California Thursday as fires threaten upscale neighborhoods.
'Most valuable surrogate': Spouses are key in battleground states, lending firepower in final push
And beyond the traditional battlegrounds, polls have showed tightening races in states Trump won in 2016, like Iowa, and some where Democrats might have never imagined being competitive, like Texas and Georgia. She was very popular on the campaign trail and often brought out thousands of supporters on her own. “Michelle Obama was always just a rock star out on the campaign trail,” Han said. The Trump campaign has often looked to second lady Karen Pence, wife of Vice President Mike Pence as a key surrogate on the campaign trail. Han said spouses likely don't sway voters on the campaign trail, but she maintained they can help generate excitement for the candidates.
How the pandemic has affected voters with disabilities – roughly one-sixth of the US electorate
Many people with disabilities, estimated to be one-sixth of voters this year, encounter barriers when they attempt to vote in person. As a result, he said, turnout among voters with disabilities may increase this year. But pandemic-related restrictions have curbed visitors, and in some states, such as North Carolina and Louisiana, state laws prohibit facility staff from helping residents vote. Their study showed that’s an increase of nearly 20% since 2008, compared with an increase of 12% among eligible voters without disabilities. About half of voters with disabilities lean Democratic and about 42% favor Republicans, according to a 2016 report from the Pew Research Center.
Coronavirus updates: 56 infected, 300 quarantine after New York 'superspreader' events; India surpasses 8M infections; 227K US deaths
India surpassed 8 million coronavirus cases on Thursday, moving closer to surpassing the U.S. for the most infections in the world. While daily infections have dropped to their lowest level this week, health experts are worried that a major Hindu festival and winter will increase the spread of the virus. Two "superspreader" events in New York, a wedding and birthday party, left 56 people infected with the virus and nearly 300 in quarantine. COVID-19 cases are surging: An American dies every 107 secondsThe U.S. set a record this week for new coronavirus cases over a seven-day period with more than 500,000 infections. Indiana could get some COVID vaccine next month, state health official saysThe first people in Indiana to receive the first coronavirus vaccine could be immunized as early as November, state health officials said Wednesday.
Guns, lies and ballots set on fire: This is voter suppression in 2020
Voters in Black Lives Matters shirts rejected at pollsSome polling places are attempting to reject voters wearing Black Lives Matter shirts. Moments later a polling place manager intervened and said Arias could vote because Black Lives Matter is "not on the ballot." Black lives matter, the statement, is often confused with the political movement. "I don’t take it (Black lives matter) as a political issue," Arias said. To combat voter suppression, Rochon said he has been leading marches with groups of voters to drop their absentee ballots off at drop boxes.
U.S. economic growth expected to be impressive from July to September, but the data is complicated
But it has not shed the coronavirus crisis altogether, and the ongoing health crisis continues to jeopardize the recovery’s strength. Apart from housing-related spending, economists also expect strong gains in manufacturing, which has more than made up for pandemic-era losses. Health-care spending is also expected to rise as people felt safer rescheduling routine appointments or surgeries. ADADConstance Hunter, chief economist at KPMG, said the rebound reflects a shift away from spending on services to spending on goods. Recessions are traditionally defined by a significant decline in economic activity spread across the whole economy for two consecutive quarters.
State and local leaders order new restrictions amid autumn’s coronavirus surge
Gina Raimondo (D) said at a weekly briefing Wednesday that she would announce new restrictions Friday. “This is like a tidal wave.”ADResistance persists to anything resembling the shutdowns imposed during the frightening viral assault in March and April. The pandemic is showing clear signs of a fall surge in the Northern Hemisphere, with the coronavirus behaving like other seasonal viruses. The order, which Little said was intended to curb alarming demand on hospitals and health-care facilities, rolled back reopening rules in effect since mid-June. ADPublic health officials in the state have attributed much of the surge to social gatherings.
The Trump Team’s Plan For The Final Days
The voting ends in five days. A lot of polls keep showing Joe Biden ahead, but the Trump team says no way. Erin Perrine Director of Press Communication for the Trump Campaign discusses the record-breaking amount of early voting, the polls and the campaign's plans for the final stretch. Election Day is quickly approaching and coronavirus cases continue to increase in states across the country. He also responds to critics who say masks don't work and explains why we shouldn't abandon public health measures when there is a vaccine available.
Newt Gingrich: Elections are never predictable — every vote matters
It is a cruel twist of fate that the most important election we have seen in modern American history is happening during the worst pandemic we have seen in modern American history. SEAN HANNITY: ONLY VOTERS CAN PREVENT DEMOCRATS FROM ENACTING 'RADICAL EXTREME SOCIALIST AGENDA'Nevertheless, it is vitally important that you vote — and that you encourage and help your friends and family to vote. So, it is important that you all vote — no matter where you live. Of course, the most recent, significant example of why every vote matters is Trump’s victory over Hillary Clinton in 2016. So, vote, make sure all your loved one’s vote, and let’s prove them all wrong again.
Stouffer's, the frozen food brand, is debuting a merch shop featuring its own clothing
Stouffer’s — a brand synonymous with the frozen-food aisle of your grocery store — is debuting a line of apparel that includes sweatshirts, T-shirts, and even a fanny pack that will enable fans to display their (clearly) overzealous love for frozen lasagna or macaroni and cheese. “Mac & Cheese is self-care,” reads one of the cheese-yellow shirts planned for sale. CLICK HERE TO GET THE FOX NEWS APPAs strange as it may seem, Stouffer’s is far from the only major brand to debut a merch store in the hopes of selling apparel. In recent months, McDonald’s has shored up its pajama offerings, while Chipotle added “Chips and Guac” sandals to its apparel line. Maybe most bafflingly, however, was Franzia’s announcement (yes, Franzia the boxed-wine company) that it had launched an online shop with swimsuits, necklaces and Franzia-dispensing backpacks.
Texas mask mandate must extend to polling places, judge rules
AUSTIN, Texas — A federal judge ruled that Texas' statewide mask mandate must include polling places, but election officials Wednesday did not rush to enforce the order that was handed down after more than 8 million people have already voted. Texas is three weeks into early voting, but Pulliam said enforcing a mask order would not be disruptive. Texas has had a statewide mask mandate since July, but Republican Gov. Greg Abbott carved out an exception for polling places. Early voting ends Friday in Texas, which is already close to surpassing the nearly 9 million people who voted in 2016's general election.
Coronavirus mutation spread across Europe: report
Researchers studying the coronavirus and its genetic mutations revealed in a study a genetic mutation that originated in farmworkers in Spain may have contributed to the second wave in Europe, a report said. The Financial Times reported scientists are working to determine what role, if any, variant 20A.EU1 could play in disease's transmission or lethality. CORONAVIRUS: WHAT YOU NEED TO KNOWThe report pointed out the study has not been published in a peer-reviewed journal. GET THE FOX NEWS APPEuropean Commission President Ursula von der Leyen said, “We are deep in the second wave. I think that this year’s Christmas will be a different Christmas.”The Associated Press contributed to this report
Europe is currently the 'weak link' in the global economy: Harvard Kennedy School
Europe is currently the 'weak link' in the global economy: Harvard Kennedy SchoolBesides its coronavirus situation, Europe has been struggling with various structural issues "even in the best of times," says Paul Sheard, senior fellow at Harvard Kennedy School.
Asia business has been resilient throughout pandemic, Clariant CFO says
Asia business has been resilient throughout pandemic, Clariant CFO saysClariant CFO Stephan Lynen discusses third-quarter earnings and the impact of the coronavirus on the specialty chemical-maker's business.
Biden vs. Trump: Europe watches the U.S. election closely — and hopes
US President Donald Trump and Democratic presidential candidate and former US Vice President Joe Biden are seen during the first presidential debate on a YouTube video displayed on a screen of a smartphone. Transatlantic ties have fractured since President Donald Trump arrived at the White House in 2017, with clashes over trade, defense and technology. Trump has frequently opted out of traditional diplomacy standards by making announcements and commenting on different subjects via Twitter. "If Trump is re-elected, I don't think he will pursue this American tradition to be more pro-European in the second mandate. I don't think that if he is re-elected things will improve in the way we wanted them to improve," Juncker said.
LVMH and Tiffany end luxury battle, cut price on $16 billion takeover
France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany after the two companies agreed to end a bitter dispute triggered by the Covid-19 pandemic and salvage the luxury sector's biggest-ever deal. The new takeover price was set at $131.5 a share, down from $135 in the original deal, the companies said in a statement on Thursday, bringing the total price tag to about $15.8 billion. The transaction, which has received regulatory clearance, is expected to close in early 2021, subject to Tiffany shareholder approval. Under the revised deal, Tiffany will pay its regular quarterly dividend of $0.58 per share on Nov. 19. "Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware Chancery Court," the statement from the companies said.
Third quarter 'a relief' after painful first half, VW CFO says
Third quarter 'a relief' after painful first half, VW CFO saysVolkswagen CFO Frank Witter discusses the carmaker's third-quarter earnings and the impact of the coronavirus pandemic on the auto industry.
Lloyds Bank third quarter profit boosted by home loan lending boom
REUTERS/Toby Melville/File PhotoBritain’s biggest domestic lender reported pre-tax profits of 1 billion pounds ($1.3 billion) for the July-September period, well ahead of the 588 million pounds average of analysts’ forecasts. Lloyds set aside a further 301 million pounds to cover expected customer loan defaults, less than half the 721 million pounds analysts had expected. Net income for the first nine months of 2020 tumbled 17% to 10.8 billion pounds, with 3.4 billion pounds booked in the third quarter. Lloyds has granted around 1.2 million retail payment holidays on 69 billion pounds of lending to help ease financial pressure on customers hard hit by the pandemic. Around 73,000 borrowers are still benefitting from a first payment freeze, while around 142,000 customers have requested extended relief on 9.8 billion pounds of loans.
Gold firms as dollar stalls, uncertainties loom ahead of U.S. polls
FILE PHOTO: Gold bars at the Austrian Gold and Silver Separating Plant in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger/File PhotoSpot gold rose 0.1% to $1,879.71 per ounce by 0805 GMT, with some investors also taking advantage of Wednesday’s slide to a one-month low to buy gold. The U.S. elections and expectation of a pause in the dollar index are propping up gold, said Vandana Bharti, assistant vice-president of commodity research at SMC Comtrade. Also, “in giant economies like France and Germany, COVID-19 cases are increasing and again they are going for lockdowns. The dollar index rally took a breather as it steadied off a one-week peak scaled on Wednesday.
Swedish dialysis firm Diaverum targets IPO in November, sources say
FRANKFURT (Reuters) - European buyout firm Bridgepoint is preparing to launch a stock market listing of its dialysis clinic operator Diaverum in Stockholm in November, assuming no major decline in broader stock markets, people close to the matter said. The company could fetch a valuation of more than 2 billion euros ($2.4 billion) in the long-anticipated deal, they added. Based in Malmo in southern Sweden, Diaverum ranks as the global no.3 dialysis clinic operator after Fresenius Medical Care FMEG.DE and Davita DVA.N. Last year, Diaverum signed a five-year dialysis contract with the Ministry of Health in Saudi Arabia, which the company hopes will boost its business and its valuation. While FMC and Davita trade at 9 and 8.5 times their core earnings, respectively, Diaverum is hoping for a valuation of at least 12 times.
Japan's Takeda to import 50 million doses of Moderna's COVID-19 vaccine, raises profit forecast
FILE PHOTO: Takeda Pharmaceutical Co's logo is seen at its new headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-HoonTOKYO (Reuters) - Japan's Takeda Pharmaceutical Co 4502.T said on Thursday it would import and distribute 50 million doses of Moderna Inc's novel coronavirus vaccine candidate. Takeda will be responsible for securing regulatory approval for the vaccine, known as mRNA-1273, with supply starting in the first half of 2021, Takeda said in a release. The companies were previously in talks to supply 40 million or more doses of the vaccine in Japan. Takeda has also agreed to produce Novavax Inc’s novel coronavirus vaccine, aiming to make 250 million doses for use in Japan.
Oil extends losses on renewed coronavirus lockdowns, over-supply worries
SINGAPORE/MELBOURNE (Reuters) - Oil prices fell on Thursday, extending a 5% slump in the previous session, as governments’ renewed restrictions to curb a second wave of coronavirus infections and signs of a growing global oil supply glut send prices tumbling. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. “The demand outlook is deteriorating as a second viral wave swept the U.S. and most part of the Europe. Stricter social distancing measures and more lockdowns may bring a larger-than-expected impact on global energy demand,” said Margaret Yang, a strategist at DailyFX. Oil had initially rebounded slightly from overnight losses in Asian morning trade on technical support and the prospect of tighter short-term supply as Hurricane Zeta slammed Louisiana.
UK police could break up Christmas gatherings, warns minister
FILE PHOTO: Britain's Housing Secretary Robert Jenrick appears on BBC TV's The Andrew Marr Show in London, Britain October 11, 2020. Picture taken through glass. Jeff Overs/BBC/Handout via REUTERSLONDON (Reuters) - Police could break up large family gatherings at Christmas, Britain’s housing minister Robert Jenrick warned, as he said it was right that they enforce coronavirus rules on socialising. “Well that’s not something that anyone would want to see but it’s right that everybody follows the law and obviously the police have to do what’s necessary to enforce it,” he said on Times Radio when asked about Christmas celebrations.
Exclusive: Chinese banks seen swapping dollars for yuan in forwards to curb gains - traders
SHANGHAI (Reuters) - China’s major state-owned banks have been swapping U.S. dollars for yuan this week, traders said on Thursday, suggesting monetary authorities are trying to rein in the sharply appreciating currency. Two other traders told Reuters they saw big state banks buying dollars in the onshore spot market during late night trading sessions to effectively prevent the yuan from strengthening too fast. Traders took the state banks’ action as an official sign that the authorities might not want the Chinese currency to strengthen too much in a short period of time, hurting exports. This is not the first time that big state banks are using swaps to affect yuan expectations. They were active in yuan forwards multiple times in the previous two years, using swaps to curb dollar supply as authorities sought to slow the currency’s depreciation.
Depleted Lazio endured 'surreal' two days, says Inzaghi
FILE PHOTO: Soccer Football - Serie A - Juventus v Lazio - Allianz Stadium, Turin, Italy - July 20, 2020 Lazio coach Simone Inzaghi before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Massimo Pinca/File PhotoROME (Reuters) - Lazio, missing several players due to injury and a COVID-19 scare, endured a “surreal” couple of days when they travelled to Belgium for their Champions League match against Club Brugge, coach Simone Inzaghi said. Several players arrived on the afternoon of the game, which ended 1-1. “They were two surreal days but the team gave it all,” said Inzaghi. Sporting director Igli Tare said they might ask for Sunday’s Series A match at Torino to be postponed. “We’ll think about it but we’ll have to see the result of the next batch of tests,” he said.
Cricket Australia braced for $85 million revenue dip due to pandemic
MELBOURNE (Reuters) - Cricket Australia (CA) said on Thursday it posted a A$45.9 million (25 million pounds) deficit in the last financial year and could see a A$120 million ($85.55 million) dip its projected revenue for the 2021 period due to the impact of the COVID-19 pandemic. “On current estimates, these factors could have a financial cost to cricket of up to A$120 million in FY21,” CA Director Paul Green told the AGM. India will arrive next month to play six short-form internationals followed by four tests in a blockbuster tour worth about A$300 million to CA. “Despite droughts, bushfires and the pandemic, we must remember that cricket in Australia has been extremely fortunate to largely complete the 2019-20 summer,” he said. “With our season already successfully underway we are incredibly optimistic about our future and ... look forward to delivering a safe and successful summer of cricket.”
BOJ cuts growth forecast but flags policy pause on recovery prospects
“There’s also plenty of room to expand the scale of easing for each element of our crisis-response programme,” he added. It also downgraded this fiscal year’s core consumer price forecast to a 0.6% fall from a 0.5% drop seen in July. However, the BOJ revised up its forecast for the next fiscal year to a 3.6% increase, against a 3.3% expansion seen in July. But he brushed aside market speculation the BOJ could allow yields to rise more by reducing purchases of super-long bonds. “We’re not thinking of discontinuing purchases of super-long bonds, or review the way we conduct our bond-buying operations under our yield curve control framework.”
Samsung Elec sees profit decline on weak server chip demand after strong third-quarter earnings
SEOUL (Reuters) - Samsung Electronics Co Ltd 005930.KS said on Thursday it expects fourth-quarter profit to fall due to weak server chip demand and rising smartphone competition, after posting its best quarterly operating profit in two years in the third quarter. Samsung said mobile chip demand would rise in the fourth quarter, as Chinese customers boost orders following U.S. restrictions on Huawei Technologies Co Ltd [HWT.UL], but server chip demand would remain weak due to large customer inventories. Operating profit in the July-September period jumped 59% to 12.35 trillion won ($11 billion) on the back of Samsung’s highest quarterly smartphone profit since 2014 at 4.45 trillion won ($4 billion). Revenue climbed 8% to 66.96 trillion won. Net profit rose 49% to 9.36 trillion won.
What you need to know about the coronavirus right now
(Reuters) - Here’s what you need to know about the coronavirus right now:Slideshow ( 2 images )France, Germany re-enter lockdown, second wave sweeps EuropeFrench President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown, as a massive second wave of coronavirus infections threatened to overwhelm Europe before the winter. “The virus is circulating at a speed that not even the most pessimistic forecasts had anticipated,” Macron said in a televised address. Britain believes that the vaccine, which Pfizer is co-developing with Germany’s BioNTech, could be ready to distribute before Christmas, the report said. A non-peer-reviewed study of more than 84,000 people who completed a study called the Great British Intelligence Test, led by Adam Hampshire, a doctor at Imperial College London, found that in some severe cases, coronavirus infection is linked to substantial cognitive deficits for months. Scientists not directly involved with the study, however, said its results should be viewed with some caution.
FTSE 100 edges higher on strong Lloyds Bank, Shell earnings
FILE PHOTO: Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall/File Photo(Reuters) - London’s FTSE 100 inched higher on Thursday after a three-day selloff as Lloyds Bank and Royal Dutch Shell posted upbeat earnings, although gains were capped by concerns over surging COVID-19 cases and as a stronger pound pressured exporters. The export-heavy FTSE 100 index .FTSE climbed 0.2% with oil major Royal Dutch Shell Plc RDSa.L jumping 3% after posting a higher-than-expected quarterly profit and increasing its dividend. Both the indexes suffered their biggest one-day decline in more than five weeks in the previous session amid a sharp selloff in Europe as Germany and France introduced new lockdowns. Lloyds Banking Group Plc LLOY.L added 2.5% after the domestic lender posted a forecast-beating quarterly profit, boosted by a home-loan lending boom.
LVMH and Tiffany end luxury battle, cut price on $16 billion takeover
REUTERS/Charles Platiau/File PhotoThe new takeover price was set at $131.5 a share, down from $135 in the original deal, the companies said in a statement on Thursday, bringing the total price tag to about $15.8 billion. Under the revised deal, Tiffany will pay its regular quarterly dividend of $0.58 per share on Nov. 19. “Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware Chancery Court,” the statement from the companies said. Tiffany in return sued LVMH in a Delaware court, seeking to force it to honour the original deal. However, a source close to the matter told Reuters on Wednesday that Tiffany had recently approached LVMH with a more conciliatory tone.
European stocks rebound slightly as earnings support
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 27, 2020. REUTERS/Staff(Reuters) - European stocks edged higher on Thursday after strong earnings reports from companies including oil major Royal Dutch Shell and chip equipment supplier ASM, but sentiment remained fragile a day after a broad selloff on lockdown fears. In a busy day for earnings, Royal Dutch Shell RDSa.L rose 2.0% as it lifted its dividend after easily beating third-quarter profit forecasts. Dutch firm ASM International ASMI.AS gained 4.4% as it raised its guidance for the fourth quarter. Nokia NOKIA.HE slumped 14.2% to the bottom of STOXX 600 after it cut its full-year profit forecast.
Merkel decries populists who say coronavirus is harmless
German Chancellor Angela Merkel wears a face mask as she attends a session of the German lower house of parliament Bundestag, as the spread of the coronavirus disease (COVID-19) continues in Berlin, Germany, October 29, 2020. REUTERS/Fabrizio BenschBERLIN (Reuters) - Populists who purport the coronavirus is harmless are dangerous and irresponsible, German Chancellor Angela Merkel said on Thursday, defending a circuit break lockdown announced on Wednesday that is aimed at slowing the spread of the virus. “It is only with solidarity and transparency that we will be able to confront the pandemic,” she told the Bundestag lower house of parliament, adding the pandemic was a challenge to the democratic system. “Lies and disinformation, conspiracy theories and hatred damage not only the democratic debate but also the fight against the virus,” she said during a speech in which she was at times heckled, adding this put human lives in danger. Merkel announced on Wednesday that Germany would impose an emergency month-long lockdown that includes the closure of restaurants, gyms and theatres to reverse a spike in coronavirus cases that risks overwhelming hospitals.
Fashion site unveils new and improved 'Zozosuit 2'
Online fashion retailer Zozo's body-measuring suit "Zozosuit 2" is seen in this still image taken on October 29, 2020 from animation. ZOZO via REUTERSTOKYO (Reuters) - Online fashion retailer Zozo Inc 3092.T on Thursday unveiled a successor to its "Zozosuit" body-measuring suit, one of a string of failed projects ahead of the exit of founder Yusaku Maezawa, promising greater accuracy through design and software changes. The fashion retailer said it is looking for partners and hopes to offer the suit within a year. Accurate and easy-to-use body measuring technology has become a holy grail for online fashion retailers trying to reduce returns. Zozo already distributes the “Zozomat”, which can be used to measure feet for customised sizing recommendations.
China premium car buyers drive VW back to profit
Witter said that because of market volatility the car maker would not issue a more specific full-year profit forecast. During the third quarter, VW’s performance was aided by a series of cost-cutting measures launched earlier this year. VW said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, its third-quarter operating profit was 3.2 billion euros ($3.78 billion), down from 4.8 billion euros a year earlier. Revenue fell 3.4% to 59.36 billion euros.
Merkel warns of dramatic coronavirus situation
German Chancellor Angela Merkel wears a face mask as she attends a session of the German lower house of parliament Bundestag, as the spread of the coronavirus disease (COVID-19) continues in Berlin, Germany, October 29, 2020. REUTERS/Fabrizio BenschBERLIN (Reuters) - German intensive care units risk being overwhelmed in a few weeks due to a surge in coronavirus cases, German Chancellor Angela Merkel said on Thursday. “We are in a dramatic situation,” Merkel told the lower house of parliament a day after announcing a circuit-break lockdown to curb the spread of the virus.
Shell raises dividend as retail boost drives confidence
In a sign of renewed confidence, Shell said it would boost its dividend on an annual basis after it cut the payout in April for the first time since the 1940s. “We are starting a new era of dividend growth,” CEO Ben van Beurden told reporters in a call. Shell is planning a major restructuring as part of “a complete overhaul” to reduce greenhouse gas emissions to net zero by 2050. “Very strong performance from Shell, handsomely beating our and consensus estimates,” Bernstein analyst Oswald Clint said in a note. Shell in July had cut the value of its oil and gas assets, including Prelude, by $16.8 billion in the second quarter after sharply lowering its price outlook.
UK doing everything it can to avoid national lockdown, minister says
REUTERS/Andrew CouldridgeLONDON (Reuters) - The British government will do everything it can to avoid putting the country into a second national lockdown and believes it can control the virus with tough local measures, housing minister Robert Jenrick said on Thursday. “The very clear policy of the government is to do everything we can to avoid a full national lockdown,” he told Sky News. An Imperial College study published on Thursday showed how rife the virus was becoming, with cases doubling every nine days. Scientists say more drastic lockdown restrictions should be brought in sooner rather than later to counter its spread. The governments of Wales and Scotland have different restrictions and Wales is currently in a short lockdown.
UK police could break up Christmas gatherings, warns minister
FILE PHOTO: People wear face masks as they walk past a shop showing window with Christmas decorations amid the outbreak of the coronavirus disease (COVID-19) in Newcastle Upon Tyne, Britain, October 12, 2020. REUTERS/Lee SmithLONDON (Reuters) - Police could break up large family gatherings at Christmas, Britain’s housing minister Robert Jenrick warned, as he said it was right that they enforce coronavirus rules on socialising. “Well that’s not something that anyone would want to see but it’s right that everybody follows the law and obviously the police have to do what’s necessary to enforce it,” he said on Times Radio when asked about Christmas celebrations.
Shell ups dividend as retail boost drives confidence
In a sign of renewed confidence, despite the collapse in energy demand because of COVID-19, Shell said it would boost its dividend on an annual basis after it cut the payout in April for the first time since the 1940s. Shell is planning a major restructuring as part of “a complete overhaul” to reduce greenhouse gas emissions to net zero by 2050. “We are confident that Shell can sustainably grow its shareholder distributions as well as invest for growth,” Shell Chairman Chad Holliday said in a statement. The results were driven by a record profit from Shell’s marketing division, which includes the world’s biggest retail network. Shell in July had cut the value of its oil and gas assets, including Prelude, by $16.8 billion in the second quarter after sharply lowering its price outlook.
UK rejects 'Britain First' trade policy, taking swipes at US and EU
A British ten pound banknote is seen in a photo illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration/FilesThe COVID-19 pandemic has wrought havoc on global supply chains, fanning global trade tensions as nations scramble for scarce goods and try to protect their own economic interests. Trade minister Liz Truss will set out the principles that underpin Britain’s future trade policy in a speech that takes aim at the damage caused by both protectionism and unfettered state-subsidisation. Britain is urgently negotiating a trade deal with the EU to avoid widespread disruption when a transition period of de-facto EU membership ends on Dec. 31. It has also put a U.S. free trade agreement at the top of its post-Brexit wish list.
ECB to signal more stimulus as second-wave recession fears grow
Those interventions added weight to calls for the ECB to signal even greater and longer-term support for the 19-member currency bloc’s economy, which has already suffered an unprecedented recession this year. At 0708 GMT, the euro stabilised against the dollar and euro zone stock futures pointed to a rebound after sharp falls on Wednesday. “We think that (French economic) activity could print closer to 20% below normal during this lockdown,” JPMorgan economist Raphael Brun-Aguerre said. All this is challenging the ECB’s view that the bloc’s economy will grow back to its pre-crisis level by the end of 2022. Still, once the ECB has unveiled fresh economic projections after its Dec. 10 meeting, it will likely extend and expand its 1.35 trillion euro Pandemic Emergency Purchase Programme and improve funding conditions for banks.
Analysis: With improved leverage, North Korea leader Kim awaits winner of U.S. vote
A person walks past a banner showing North Korean and U.S. flags ahead of the North Korea-U.S. summit in Hanoi, Vietnam, February 25, 2019. [nL4N2HJ1HE]After months of tightening sanctions and trading threats, Trump then became the first sitting U.S. president to meet with a North Korean leader at a summit in Singapore in 2018. [nL2N26N1QZ]‘GAME CHANGERS’While the United States’ far greater military might could swiftly inflict critical damage on North Korea, Pyongyang now poses a threat with its nuclear missiles capable of striking the U.S. mainland. It was seen by military experts as another game changer, just as the Hwasong-15 ICBM launch in 2017 was. A military parade here this month highlighted how the North has beefed up its strategic weapons.
UK police could break up Christmas gatherings, warns minister
LONDON (Reuters) - Police could break up large family gatherings at Christmas, Britain’s housing minister Robert Jenrick warned, as he said it was right that they enforce coronavirus rules on socialising. “Well that’s not something that anyone would want to see but it’s right that everybody follows the law and obviously the police have to do what’s necessary to enforce it,” he said on Times Radio when asked about Christmas celebrations.
Repsol edges back to net profit in third quarter but cuts spending further
The logo of Spanish energy giant Repsol SA is seen during the opening ceremony of its first gas station in Mexico City, Mexico March 12, 2018. REUTERS/Carlos Jasso/FilesMADRID (Reuters) - Spanish oil and gas group Repsol reported a 7 million euro ($8.27 million) adjusted net profit for the third quarter on Thursday as crude prices recovered, edging back into positive territory after a deep loss in the second quarter. Repsol shares initially rose more than 1%, outperforming Madrid’s stock exchange, but tracked lower to trade down 0.4% at 0812 GMT. Benchmark Brent crude oil prices picked up in the July-September period from lows in the previous quarter when the hit to demand was exacerbated by curbs on movement to stem the virus. Repsol said on Thursday it would cut its new capital expenditure plans by a further 200 million euros, adding to a previous target to reduce that by 1 billion euros.
U.S. Supreme Court deals blow to Republicans in Pennsylvania, North Carolina vote-by-mail fights
(Reuters) - The U.S. Supreme Court on Wednesday dealt setbacks to Republicans by allowing extended deadlines for receiving mail-in ballots in next Tuesday’s election in Pennsylvania and North Carolina, states pivotal to President Donald Trump’s re-election chances. The Supreme Court already had rejected a prior Republican request to block the lower court ruling on Oct. 19. The conservative-majority court on Wednesday also rejected a request by Trump’s campaign to block North Carolina’s extension of the deadline for receiving mail-in ballots, in another key battleground legal loss for Republicans. The public health crisis has prompted an increase in requests for mail-in ballots as voters seek to avoid crowds at polling places. In their earlier decision, the justices, shorthanded after the death of Justice Ruth Bader Ginsburg, were divided 4-4, leaving in place the state court ruling.
Banks roll out robots as pandemic shakes up IT plans
LONDON (Reuters) - When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped several lenders cope with the deluge. It is a pattern that has played out across banks globally, where technology changes that would usually take months were done in a matter of days. Global IT spend by banks is set to shrink by 1.7% this year to $200 billion, down from $203.5 billion in 2019, based on IDC data. “Banks are struggling to deploy new software,” David Buxton, chief executive of Arachnys, a startup that sells compliance technology to banks. McNamara said the pandemic was a factor in the decision as there was strong demand for the bank’s existing mobile app, which has added 700,000 users since the pandemic started.
Depleted Lazio endured 'surreal' two days, says Inzaghi
Soccer Football - Serie A - Juventus v Lazio - Allianz Stadium, Turin, Italy - July 20, 2020 Lazio coach Simone Inzaghi before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Massimo PincaROME (Reuters) - Lazio, missing several players due to injury and a COVID-19 scare, endured a “surreal” couple of days when they travelled to Belgium for their Champions League match against Club Brugge, coach Simone Inzaghi said. Several players arrived on the afternoon of the game, which ended 1-1. “They were two surreal days but the team gave it all,” said Inzaghi. Sporting director Igli Tare said they might ask for Sunday’s Series A match at Torino to be postponed. “We’ll think about it but we’ll have to see the result of the next batch of tests,” he said.
Cricket Australia braced for $85 million revenue dip due to pandemic
MELBOURNE (Reuters) - Cricket Australia (CA) said on Thursday it posted a A$45.9 million deficit in the last financial year and could see a A$120 million ($85.55 million) dip its projected revenue for the 2021 period due to the impact of the COVID-19 pandemic. “On current estimates, these factors could have a financial cost to cricket of up to A$120 million in FY21,” CA Director Paul Green told the AGM. India will arrive next month to play six short-form internationals followed by four tests in a blockbuster tour worth about A$300 million to CA. “Despite droughts, bushfires and the pandemic, we must remember that cricket in Australia has been extremely fortunate to largely complete the 2019-20 summer,” he said. “With our season already successfully underway we are incredibly optimistic about our future and ... look forward to delivering a safe and successful summer of cricket.”
A post-election crisis could scupper Ivory Coast's economic gains
FILE PHOTO: The buildings of the central business district of Plateau are pictured ahead of the presidential elections in Abidjan, Ivory Coast October 27, 2020. Veteran investors in Ivory Coast, Francophone West Africa’s largest economy and the world’s top cocoa producer, are used to weathering turmoil. Investors say political unrest is compounding the impact of the coronavirus pandemic and squeezing access to credit. Despite the investment of the past decade, analysts say Ivory Coast has not realised its full economic potential. The U.S. ambassador in Abidjan, Richard Bell, said he participated in a virtual roundtable earlier this year with U.S. companies interested in Ivory Coast.
Low oil demand hurts, but OMV refining beats expectations
The logo of Austrian oil and gas group OMV is pictured at the rooftop of its headquarters in Vienna, Austria May 12, 2020. Net profit dropped to 80 million euros from 457 million a year ago. The refining unit’s operating profit fell 28% to 335 million euros, but a 90% utilisation rate of its refineries helped beat expectations. OMV said commercial sales from its refining unit had fallen mainly because of low demand for jet fuel. Reflecting the pandemic impact, the group cut its 2020 refining margin forecast to around $2.5 from $3 per barrel.
Singapore firm invents coronavirus breathalyser with results in seconds
Slideshow ( 2 images )SINGAPORE (Reuters) - A company in Singapore has developed a breathalyser test for the new coronavirus which it says will enable people to know whether they are infected in under a minute. Breathonix is currently expanding its trial in Singapore and hopes to improve accuracy and get the green light to go commercial in the first quarter of next year. At US$20, Breathonix says its test would be 70% cheaper than PCR tests, although infected patients would likely still need the more sensitive PCR tests to confirm the diagnosis. After blowing into the device, it assesses the chemical compounds of the breath to determine whether or not a person is infected. A similar breathalyser is being tested by a hospital in France, although experts have warned the system may be too costly for widespread distribution.
Exclusive: AirAsia X to revise $15.3 billion debt reform plan to expedite talks with creditors - sources
KUALA LUMPUR (Reuters) - Malaysia’s AirAsia X Bhd plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said. REUTERS/Lim Huey Teng/File PhotoThe budget carrier is seeking to reconstitute the $15.3 billion of unsecured debt into a principal amount of 200 million ringgit ($48 million) and have the rest waived. The source said AirAsia X, the long-haul arm of AirAsia Group Bhd, has less than six months of cash left and has been looking to convene a meeting of creditors to vote on the scheme. Airport operator MAHB said on Sunday its attempt to recover debt from AirAsia X would not derail the airline’s scheme. Post restructuring, the airline plans to raise up to 500 million ringgit to restart the company, it said on Monday.
LVMH and Tiffany end luxury battle, cut price on $16 billion takeover
FILE PHOTO: A Tiffany & Co. store is pictured in the Manhattan borough of New York City, New York, U.S., September 10, 2020. Under the revised deal, Tiffany will pay its regular quarterly dividend of $0.58 per share on Nov. 19. “Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware Chancery Court,” the statement from the companies said. Tiffany in return sued LVMH in a Delaware court, seeking to force it to honour the original deal. However, a source close to the matter told Reuters on Wednesday that Tiffany had recently approached LVMH with a more conciliatory tone.
Pollution hangs over Indian capital as farm stubble fires rage
REUTERS/Anushree FadnavisAverage air pollution this month hit its worst in two years after farmers made an early start on burning crop stubble left in their fields after harvests. The index of overall air quality (AQI), measuring the concentration of microscopic particles known as PM2.5, which can be deadly, was at an eight-month high. Deteriorating air quality has already caused a spike in respiratory infections, doctors have said. Delhi’s government is working to clear the toxic air by restricting construction and other dust-raising activities, Environment Minister Gopal Rai has said. India’s capital is fighting air pollution just as the nation passed a grim milestone of 8 million coronavirus cases on Thursday.
Maruti Suzuki India quarterly profit rises as buyers return
BENGALURU (Reuters) - Maruti Suzuki India Ltd reported a small rise in second-quarter profit on Thursday, as the lifting of coronavirus restrictions brought back customers to the carmaker’s showrooms and also eased supply chain disruptions. The logo of Maruti Suzuki India Limited is seen on car parked outside a showroom in New Delhi, India, February 29, 2016. India’s largest automaker by market capitalization reported a net profit of 13.72 billion rupees ($185.55 million) for the three months ended Sept. 30. Analysts on average had expected it to post a profit of 15.04 billion rupees, according to Refinitiv data. ($1 = 73.9430 Indian rupees)
Attacks on Obamacare threaten coverage gains among minorities
“Having millions suddenly lose their health insurance seems very likely to have an adverse impact." Without health coverage, many would lose access to much-needed care for chronic health conditions — and become more vulnerable to serious complications from Covid-19. Losing Medicaid coverage would be especially hard on communities of color, which also have been disproportionately affected by layoffs during the pandemic. Biden also proposes lowering the Medicare age to 60, which would further reduce the uninsured gap, and doubling investments into community health centers. POLITICO Live is hosting "Beyond COVID-19: Closing the Racial Health Gap” on Thursday, Oct. 29 at 1 p.m.
What the blowout GDP report really means for Trump
The surge in new virus cases is already leading to more restrictions on activity that could further dent the economy. Trump, who has repeatedly mentioned that he would get this big GDP number right before the election, will almost certainly brag about how it is the best in history. And they are, in fact, record numbers. We need to regain almost 40 percent of the $1.85 trillion lost to get back to pre-crisis GDP levels.”Democrats are already preparing to rebut any Trump bragging over Thursday’s GDP number. “Current forecasts estimate that GDP will be substantially smaller than would have been the case if growth had continued at pre-pandemic rates.”
‘Helping the president’: HHS official sought to rebrand coronavirus campaign
Caputo also pitched the idea of framing the ad campaign around helping the president. Burson, which is a subcontractor on the campaign, did not respond to a request for comment. The spokesperson said that Azar was not aware of Caputo's close involvement in the campaign. Both Quaid and Winans posted videos insisting that their participation was solely focused on promoting public health and was not intended to be political. The health department then recommended that contractors hire one of Caputo’s business partners, Den Tolmor, to film the celebrity videos, although the Russian-born filmmaker had no prior experience with U.S. public health campaigns.
Why Trump needs to suppress the vote to win
Never before in modern presidential politics has a candidate been so reliant on wide-scale efforts to depress the vote as Trump. In 2016, he won Arizona, Florida, Michigan, Pennsylvania and Wisconsin — five of this year’s most important swing states — with under 50 percent of the vote. But the coronavirus — and Trump’s baseless warnings about widespread voter fraud — shifted a once-ancillary feature of campaigns into overdrive. Democrats pushed to ease voting rules amid the pandemic, and Trump pushed back. After the order was lifted in 2018, Trump and the RNC began assembling a massive poll-watching operation.
Houston voters are turning out in record numbers. Could they flip Texas for Biden?
In 2016, under Republican leadership, Harris County spent about $4 million to administer the elections. Go Nakamura / Getty ImagesAs a result, more Harris County residents have voted early this year than ever before. Basically, Texas doesn't flip if Harris County doesn't have supersized turnout.”He estimates at least 1.5 million voters need to turn out in Harris County for Democrats to have a reasonable shot at winning Texas. Hidalgo pointed out that voters in Republican-leaning precincts in northern Harris County have also benefited from the changes. In what some experts have taken as a signal of voter enthusiasm in Harris County, more than 29,000 people applied.
France braces for monthlong lockdown as virus deaths mount
France is bracing for a potential new lockdown as the president prepares a televised address Wednesday aimed at stopping a fast-rising tide of virus patients filling French hospitals and a growing daily death toll. French markets opened lower on expectations that President Emmanuel Macron will announce some kind of lockdown Wednesday. France is bracing for a potential new lockdown as the president prepares a televised address Wednesday aimed at stopping a fast-rising tide of virus patients filling French hospitals and a growing daily death toll. French markets opened lower on expectations that President Emmanuel Macron will announce some kind of lockdown Wednesday. Shoppers at a Paris farmers’ market said Thursday they were ready to restrict their freedoms given the rising number of virus-related deaths and COVID-19 patients filling French hospitals.
Airbus reports new pandemic losses, but stops bleeding cash
PARIS (AP) — Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.16 billion) in pandemic-related losses for the third quarter Thursday amid a slower-than-expected recovery in air travel. “We will have to live with the circulation of the virus for long period of time,” he said. It maintained its forecast that air traffic won’t return to 2019 levels until 2023-2025. Faury said the company — one of Europe’s leading manufacturers — isn’t currently planning further job losses on top of 15,000 already announced as a result of the pandemic, but said, “there is so much uncertainty we have to remain very humble.”And he expressed concern about struggling Airbus suppliers. Airbus announced 1 billion euros in “COVID-related charges” and posted a loss of 767 million euros for the third quarter, compared with a profit of 989 million euros a year earlier.
'Group' Destigmatizes And Demystifies Group Therapy, Without Lessons
'Group' Destigmatizes And Demystifies Group Therapy, Without LessonsEnlarge this image toggle caption Avid Reader Press Avid Reader PressIn a moment not too long ago, I realized that the coronavirus pandemic was turning me into a bad girlfriend. Christie Tate's debut memoir Group: How One Therapist and a Circle of Strangers Saved My Life, though, stands out because it does not. Group is the tale of how group therapy saved Tate, and Tate only. Group centers on Tate's arduous struggle to name and embrace her desires, which she learned to do only with the support of her group. Tate sets a positive example by destigmatizing and demystifying group therapy, but she is careful never to present herself as an expert.
VoteMobile Helps California Wildfire Victims And Seniors Cast Their Ballots
VoteMobile Helps California Wildfire Victims And Seniors Cast Their BallotsEnlarge this image toggle caption Erika Mahoney/KAZU Erika Mahoney/KAZUThe Santa Cruz County VoteMobile looks like a taco truck. On a recent hot and sticky Santa Cruz day, the VoteMobile was stationed at La Posada Retirement Community. The fire burned about 86,500 acres in Santa Cruz and San Mateo counties, according to the state agency, Cal Fire. The CZU Lightning Complex wildfire destroyed more than 900 homes in Santa Cruz County alone. "This community in Santa Cruz County, we pull for each other," Gail Pellerin, Santa Cruz County's chief elections official, said.
Opioid Crisis: Critics Say Trump Fumbled Response To Another Deadly Epidemic
Opioid Crisis: Critics Say Trump Fumbled Response To Another Deadly EpidemicEnlarge this image toggle caption Jessica McGowan/Getty Images Jessica McGowan/Getty ImagesWhen then-presidential candidate Donald Trump spoke in Manchester, N.H., a week before the 2016 election, he said the opioid crisis was destroying lives and shattering families. Before coronavirus hit, opioids were widely viewed as the nation's top public health crisis. "ONDCP did not issue a national drug control strategy for either 2017 or 2018," the GAO concluded. But in recent months, even some members of the Trump administration have begun voicing alarm. "We've seen very large increases in the number of individuals going to treatment programs," said Brendan Saloner, a researcher at Johns Hopkins Bloomberg School of Public Health.
Polling Places Are Closing Due To COVID-19, It Could Tip Races In 1 Swing State
Polling Places Are Closing Due To COVID-19, It Could Tip Races In 1 Swing StateEnlarge this image toggle caption Charlie Neibergall/AP Charlie Neibergall/APThis story was co-reported by Iowa Public Radio News, the Center for Public Integrity and NPR. "There's precinct numbers and House district numbers and there's Senate district numbers and which one of those is used for my polling place?" All over the country, sports teams are turning over their arenas to be used as large-scale, socially-distanced polling places. The polling place changes vary across the state; while some counties are able to keep all of their sites open, others must close or consolidate half. The races are so close, Larimer says the polling place changes could affect the outcome, especially down the ballot.
European stocks crawl off five-month lows as traders await ECB, U.S. GDP and earnings wave
European stocks stabilized Thursday after ending the previous session at a five-month low, with investors awaiting the latest European Central Bank decision, a flood of corporate earnings and a reading on how the world’s largest economy performed in the third quarter. France and Germany on Wednesday separately announced new one-month lockdowns to fight the second wave of the COVID-19 pandemic. Economists at Berenberg say the French economy could contract as much as 4% in the fourth quarter, and the German economy could shrink by 1%. philippe lopez/Agence France-Presse/Getty ImagesThe European Central Bank is meeting Thursday, with expectations the central bank will suggest it’s open to more stimulus but wait until December to deliver it. Royal Dutch Shell RDSA, +2.33% RDS.A, -4.50% jumped 4% as the oil giant’s adjusted earnings of $955 million came in well ahead of the $146 million expectation.
European stocks crawl off five-month lows as traders await ECB, U.S. GDP and earnings wave
European stocks stabilized Thursday after ending the previous session at a five-month low, with investors awaiting the latest European Central Bank decision, a flood of corporate earnings and a reading on how the world’s largest economy performed in the third quarter. France and Germany on Wednesday separately announced new one-month lockdowns to fight the second wave of the COVID-19 pandemic. Economists at Berenberg say the French economy could contract as much as 4% in the fourth quarter, and the German economy could shrink by 1%. philippe lopez/Agence France-Presse/Getty ImagesThe European Central Bank is meeting Thursday, with expectations the central bank will suggest it’s open to more stimulus but wait until December to deliver it. Royal Dutch Shell RDSA, +2.33% RDS.A, -4.50% jumped 4% as the oil giant’s adjusted earnings of $955 million came in well ahead of the $146 million expectation.
The best 5G pure-play investment is in cellphone-tower operators
As a result, governments, private industry and investors are lining up to make the necessary investments to advance the infrastructure needed for 5G. What was once seen as a longer-term play, 5G is blossoming in a period when it is needed most. As the momentum around 5G grows, here are several ways investors can take advantage now:Communications towersMuch of the current investment interest in 5G is centered on cellular communications towers. We believe cell towers are the most attractive pure play to take advantage of 5G. Equipment makersMoving past cell tower companies and further down the supply chain, equipment operators and manufacturers are also poised to take advantage of the 5G boom.
The best 5G pure-play investment is in cellphone-tower operators
As a result, governments, private industry and investors are lining up to make the necessary investments to advance the infrastructure needed for 5G. What was once seen as a longer-term play, 5G is blossoming in a period when it is needed most. As the momentum around 5G grows, here are several ways investors can take advantage now:Communications towersMuch of the current investment interest in 5G is centered on cellular communications towers. We believe cell towers are the most attractive pure play to take advantage of 5G. Equipment makersMoving past cell tower companies and further down the supply chain, equipment operators and manufacturers are also poised to take advantage of the 5G boom.
European stocks crawl off five-month lows as traders await ECB, U.S. GDP and earnings wave
European stocks stabilized Thursday after ending the previous session at a five-month low, with investors awaiting the latest European Central Bank decision, a flood of corporate earnings and a reading on how the world’s largest economy performed in the third quarter. France and Germany on Wednesday separately announced new one-month lockdowns to fight the second wave of the COVID-19 pandemic. Economists at Berenberg say the French economy could contract as much as 4% in the fourth quarter, and the German economy could shrink by 1%. philippe lopez/Agence France-Presse/Getty ImagesThe European Central Bank is meeting Thursday, with expectations the central bank will suggest it’s open to more stimulus but wait until December to deliver it. Royal Dutch Shell RDSA, +2.33% RDS.A, -4.50% jumped 4% as the oil giant’s adjusted earnings of $955 million came in well ahead of the $146 million expectation.
The best 5G pure-play investment is in cellphone-tower operators
As a result, governments, private industry and investors are lining up to make the necessary investments to advance the infrastructure needed for 5G. What was once seen as a longer-term play, 5G is blossoming in a period when it is needed most. As the momentum around 5G grows, here are several ways investors can take advantage now:Communications towersMuch of the current investment interest in 5G is centered on cellular communications towers. We believe cell towers are the most attractive pure play to take advantage of 5G. Equipment makersMoving past cell tower companies and further down the supply chain, equipment operators and manufacturers are also poised to take advantage of the 5G boom.
The best 5G pure-play investment is in cellphone-tower operators
As a result, governments, private industry and investors are lining up to make the necessary investments to advance the infrastructure needed for 5G. What was once seen as a longer-term play, 5G is blossoming in a period when it is needed most. As the momentum around 5G grows, here are several ways investors can take advantage now:Communications towersMuch of the current investment interest in 5G is centered on cellular communications towers. We believe cell towers are the most attractive pure play to take advantage of 5G. Equipment makersMoving past cell tower companies and further down the supply chain, equipment operators and manufacturers are also poised to take advantage of the 5G boom.
General Electric Rallies 4.5% After Surprise Profit
Three numbers to start your day:It was the stock’s worst day since March, back at the start of the pandemic. That was partly because the pandemic is still weighing down cross-border credit-card transactions, a major driver of profit for Mastercard. General Electric Stock Rallies 4.5% WednesdayThat was after the industrial conglomerate reported a surprise profit. earned an adjusted 6 cents a share in the third quarter, while Wall Street analysts had expected a loss. It generated $500 million of cash from its industrial businesses, while analysts had expected it to burn through about $1 billion in cash.
Countries that will give you a remote-work visa, and how to get to them
Some countries have taken notice and decided to capitalize on the opportunity by offering remote work visas to help attract those who can do their job from their laptop. Each country is paired with the length of the remote work visa and the cost of acquiring that visa. Estonia (1 year, $118)Estonia has launched a Digital Nomad Visa, allowing location-independent employees and digital nomads to live in the country for up to a year. Other remote work visa optionsCosta Rica, Germany, the Czech Republic, Mexico, Portugal and Spain are some of the other countries that offer various forms of long-term visas that allow you to work remotely. Croatia is also expected to issue a digital nomad visa, which would present an excellent option because of Croatia’s beautiful landscape and perfect weather in the summer.
Comcast Reports Earnings Today. Here’s What to Expect.
Investors will continue to weigh Comcast’s broadband internet success against the weakness of its media segment when the company reports earnings on Thursday. Overall, Wall Street analysts expect Comcast to report 51 cents in adjusted earnings per share, which would be down 35% from a year earlier. • For the third quarter, Wall Street expects a 22% year-over-year decline in NBCUniversal’s revenue, to $6.5 billion. In the latest quarter, revenue is expected to have fallen 7%, to $4.2 billion, while adjusted Ebitda is seen dropping 51%, to $444 million. • Wall Street analysts are overall bullish on Comcast stock: 75% have a Buy or equivalent rating, while 25% recommend a Hold.
Investing in Tech
Companies across sectors are moving faster and taking bigger risks than could have been imagined just a few months ago. And while many trends brought about by the pandemic appear to have staying power, the question looms: Is the innovation brought about by the pandemic an anomaly? Will established companies revert to cumbersome, risk-averse legacy practices? Or will the Covid-19 winners lead the way to a new future where innovation is the norm? This is a sponsored session and not part of the Barron's News Department's program.
General Electric Rallies 4.5% After Surprise Profit, and Two More Numbers to Know
Text sizeThree numbers to start your day:It was the stock’s worst day since March, back at the start of the pandemic. That was partly because the pandemic is still weighing down cross-border credit-card transactions, a major driver of profit for Mastercard. General Electric Stock Rallies 4.5% WednesdayThat was after the industrial conglomerate reported a surprise profit. earned an adjusted 6 cents a share in the third quarter, while Wall Street analysts had expected a loss. It generated $500 million of cash from its industrial businesses, while analysts had expected it to burn through about $1 billion in cash.
European stocks crawl off five-month lows as traders await ECB, U.S. GDP and earnings wave
European stocks stabilized Thursday after ending the previous session at a five-month low, with investors awaiting the latest European Central Bank decision, a flood of corporate earnings and a reading on how the world’s largest economy performed in the third quarter. France and Germany on Wednesday separately announced new one-month lockdowns to fight the second wave of the COVID-19 pandemic. Economists at Berenberg say the French economy could contract as much as 4% in the fourth quarter, and the German economy could shrink by 1%. philippe lopez/Agence France-Presse/Getty ImagesThe European Central Bank is meeting Thursday, with expectations the central bank will suggest it’s open to more stimulus but wait until December to deliver it. Royal Dutch Shell RDSA, +2.38% RDS.A, -4.50% jumped 4% as the oil giant’s adjusted earnings of $955 million came in well ahead of the $146 million expectation.
Shell Raises Dividend as Profit Beats Expectations
(Bloomberg) --Royal Dutch Shell Plc set out to woo disgruntled investors by raising its dividend and pledging to grow it steadily, just six months after slashing the payout. It also reported a larger-than-expected profit for the third quarter, lower net debt and strong cash flow, even as most of its divisions continued to be battered by the coronavirus. Shell’s dividend for the quarter will increase by 4% to 16.65 cents a share and grow annually thereafter, the company said in a statement on Thursday. Italy’s Eni SpA and Austria’s OMV AG lost money in the third quarter, while Repsol SA eked out a modest profit. Net debt fell to $73.5 billion, and Shell pledged to further increase shareholder distributions once that figure reaches $65 billion.
Politics, COVID and attacks on civil service wearing on intelligence community as election approaches
WASHINGTON — A worsening pandemic and fears about losing their protections as civil servants amid ongoing political chaos is leading many intelligence officers in the U.S. government to consider leaving their agencies, according to more than 10 current and former intelligence officers who spoke to Yahoo News. “You’re going to have a mass exodus from the intelligence community,” said another intelligence officer. While it’s currently unclear how the executive order on the civil service might actually affect intelligence officers, Trump’s message on diversity already has. Other former senior intelligence officers felt that politics wouldn’t be the reason for any major loss of talent in the intelligence community. “If Trump loses, what does he do that could further damage the intelligence community?
U.S. Supreme Court's divisions in voting cases put spotlight on Barrett
In the Wisconsin case, the court was divided 5-3, with the conservative justices in the majority and the liberals dissenting. The conservative justices indicated they are less willing to defer to the decisions of state courts. Story continuesConservative Justice Brett Kavanaugh, a Trump appointee, voted against extending deadlines in the Wisconsin case. Kavanaugh wrote that "under the U. S. Constitution, the state courts do not have a blank check to rewrite state election laws for federal elections." Liberal Justice Elena Kagan wrote that the Wisconsin decision "will disenfranchise large numbers of responsible voters in the midst of hazardous pandemic conditions."
China's Kangtai starts mid-stage trial of its COVID-19 vaccine candidate
Bloomberg(Bloomberg) -- Royal Dutch Shell Plc set out to woo disgruntled investors by raising its dividend and pledging to grow it steadily, just six months after slashing the payout.Amid a painful year for Big Oil, the Anglo-Dutch energy giant offered investors some good news. Earnings were hit by lower prices for oil and liquefied natural gas, and weaker refining, but that was partly offset by reduced operating expenses and better marketing margins.The company’s other financial measures also offered some comfort to investors. Gearing, a measure of debt to equity, dropped to 31.4% from 32.7% in the second quarter. (Updates with peer comparison in sixth paragraph. )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Swedish dialysis firm Diaverum targets IPO in November, sources say
By Arno SchuetzeFRANKFURT, Oct 29 (Reuters) - European buyout firm Bridgepoint is preparing to launch a stock market listing of its dialysis clinic operator Diaverum in Stockholm in November, assuming no major decline in broader stock markets, people close to the matter said. The company could fetch a valuation of more than 2 billion euros ($2.4 billion) in the long-anticipated deal, they added. Based in Malmo in southern Sweden, Diaverum ranks as the global no.3 dialysis clinic operator after Fresenius Medical Care and Davita. Last year, Diaverum signed a five-year dialysis contract with the Ministry of Health in Saudi Arabia, which the company hopes will boost its business and its valuation. Smaller peers such as Sweden's Medicover, Italy's Garofalo or Saudi Arabia's Mouwasat trade at between 10.5 and 22 times.
Shell raises dividend as retail boost drives confidence
The Anglo-Dutch company hit record earnings from its vast retail division, despite the impact on demand of the COVID-19 pandemic, which it said continued to generate "significant uncertainty". In a sign of renewed confidence, Shell said it would boost its dividend on an annual basis after it cut the payout in April for the first time since the 1940s. "We are starting a new era of dividend growth," CEO Ben van Beurden told reporters in a call. Shell is planning a major restructuring as part of "a complete overhaul" to reduce greenhouse gas emissions to net zero by 2050. Shell also plans to shed up to 9,000 jobs, or more than 10% of its workforce.
FOREX-Dollar stabilises as Europe's new lockdowns keep risk appetite subdued; ECB in focus
France and Germany ordered their countries back into lockdown, after Europe's death rate jumped 37% last week. The ECB is expected to hold off with new stimulus measures this week, but is likely to signal more action in December. "At some point the ECB has to deliver on the rate cut front for the euro to remain capped on a sustainable basis. Against the yen, the euro held near a three-month low, down 0.2% on the day at 122.29 yen at 0836 GMT. China's offshore yuan was up 0.3% on the day at 6.7111 to the dollar at 0838 GMT.
WeWork’s New CEO Is Eyeing an IPO Again — After He Turns Profit
The office-sharing startup renegotiated leases, laid off staff and replaced management after Japan’s SoftBank Group Corp. took control. “Nazar na lag jaye,” he added, a Hindi expression to convey he didn’t want an evil eye cast on WeWork’s turnaround strategy. WeWork’s New CEO Says He Has ‘Plenty of Luck.’ He’ll Need ItWhen the IPO happens, all of WeWork’s units and franchisees around the world will roll into the parent as per existing agreements, Mathrani said. Last week, Fitch Ratings lowered WeWork’s credit rating and warned the once high-flying startup could default on its obligations. Story continues“We chitchat twice a month and the conversation is about the business,” the CEO said.
European markets recover as governments struggle to contain COVID-19
Photo: Han Yan/Xinhua via GettyUnease continues to spread across Asian markets but European markets showed a modest recovery despite COVID-19 containment efforts struggling to reap results, and a lack of a US stimulus deal adds further pressure. European markets opened higher. In London, the FTSE (^FTSE) also rose by 0.3%. “Investors do know that they will see another stimulus package as the US economy is in desperate need of another stimulus package” said Aslam. “The delay in the stimulus package could mean that we may actually see a bigger stimulus package.
Shell hikes dividend despite falling profits and mass job cuts
Shell said both lower demand and lower oil and gas prices were to blame for lower earnings. Photo: PAThe energy giant Royal Dutch Shell (RDSB.L) has announced plans to hike payouts to shareholders, despite profits nosediving and mass job cuts as the coronavirus crisis hammers the industry. It follows the company’s first dividend cut since the Second World War in April, when it also announced a cost-cutting drive. Shell also emphasised plans to become a net-zero energy firm by 2050 “or sooner,” including commercialising hydrogen and biofuels. It said both lower demand and lower oil and gas prices were to blame for lower earnings.
Stock futures rise following the biggest drop since June
U.S. equity futures are trading higher the day after the biggest plunge in stocks since June. Continue Reading BelowThe major futures indexes suggest a gain of 0.6% when the Thursday Wall Street session begins. In the U.S., cases are increasing in just about every state and the number of deaths and hospitalizations due to COVID-19 are on the rise. The U.S. economy could lose momentum just as prospects for more economic support from Washington have dwindled as Tuesday's Election Day nears. Thursday will be a very busy day for economic news.Investors will get the first look at 3Q GDP.
Tiffany agrees to new deal terms with LVMH
Continue Reading BelowThe companies have come to an agreement on new deal terms calling for LVMH to pay $131.50 a share for the iconic U.S. jewelry maker, according to people familiar with the matter. That’s down from an original price of $135 a share, equating to savings of roughly $430 million for LVMH. Tiffany agreed to sell itself to the European consumer conglomerate late last year in a roughly $16.2 billion deal. LVMH, whose roughly 75 brands include Louis Vuitton and Bulgari, saw an opportunity to revamp the jeweler, which had struggled with weak demand. TIFFANY AND LVMH DISCUSS PRICE CUT TO SETTLE DEAL DISPUTEBut the Tiffany acquisition represented the biggest bet yet by LVMH under Bernard Arnault, the French billionaire who has been its chief executive and controlling shareholder for three decades.
He got a coronavirus vaccine in China, but had to keep it secret. Why?
The oil company worker wondered why he had to keep his vaccination a secret. In September, a China National Biotec executive said 350,000 people outside clinical trials had already received the vaccine. The lab is working on a potential coronavirus vaccine. Workers package rabies vaccine at a lab at the Yisheng Biopharma company, where researchers are trying to develop a vaccine for the coronavirus, in Shenyang, China, on June 9, 2020. “We like to talk about China exercising vaccine diplomacy, but the U.S. is not even part of the game.”
Amazon, Apple, Tiffany, Marvell, Ford - 5 Things You Must Know Thursday
Stock futures rebound modestly following the S&P 500's 3.5% drop; Amazon, Apple, Alphabet and Facebook report earnings; Tiffany accepts a lower offer from LVMH. Contracts linked to the Dow Jones Industrial Average were up 170 points, S&P 500 futures gained 25 points and Nasdaq futures rose 114 points. The Dow declined 943 points, or 3.43%, to 26,519, the S&P 500 declined 3.53% and the Nasdaq slumped 3.73%. Amazon, Apple, Facebook, Alphabet, DuPont and Starbucks are holdings in Jim Cramer's Action Alerts PLUS member club. The French luxury goods retailer will save $425 million off the original purchase price of $16 billion for Tiffany, the U.S. jeweler.
President Trump, Joe Biden to appeal to last-minute voters in Florida
TAMPA, Fla. (AP) — President Donald Trump and Democratic rival Joe Biden are set to chase votes in Florida, a state all but essential to the Republican’s pathway to another term as both nominees turn their focus to encouraging voters to turn out on Election Day. Thousands gathered in close proximity without wearing masks — a trend that was expected to continue through more than a dozen events in the final sprint to Election Day. Biden, meanwhile, heads later in the week to three more states Trump won in 2016: Iowa, Wisconsin and Michigan, where he’ll hold a joint Saturday rally with former President Barack Obama. Trump, meanwhile, is banking on enthusiasm among his Election Day supporters to overcome indicated Democratic strength in some early returns. Advertisement___AP’s Advance Voting guide brings you the facts about voting early, by mail or absentee from each state: https://interactives.ap.org/advance-voting-2020/.
Harriette Cole: He lied to me and left town, and now he’s proposing marriage
DEAR HARRIETTE: My ex and I broke up when I found out he hid a daughter from me. I’ve been secretly seeing someone from work for the past year, and this co-worker just told me that he loves me. I still love my ex and was just hurt, while he’s doing well and saying all the things I’ve wanted him to say. Did you and your ex ever talk about the situation after you left? Harriette Cole is a lifestylist and founder of DREAMLEAPERS, an initiative to help people access and activate their dreams.
Boston officials urge more residents to get COVID-19 tests. Experts say that message applies to the whole state
Boston has seen 19,986 confirmed cases over the course of the pandemic and 778 deaths, the city’s public health commission reported. AdvertisementBut at the same time that risk is rising, testing in Boston seems to be slipping. Still, half of Boston residents have never been tested for COVID-19, Martinez said. Boston lists 22 testing sites on its website, with additional mobile sites available in some neighborhoods on a rotating basis. Epidemiologists said that keeping close watch of cases is important to controlling COVID-19 throughout the state, not just in Boston.
Might Cam Newton’s poor performance lately have something to do with his COVID-19 diagnosis?
It’s obvious that Patriots quarterback Cam Newton’s play has slipped since he returned to action after testing positive for COVID-19. There are several causes of brain fog, from lack of sleep to stress. While COVID-19 has not yet been proven as a cause for brain fog, researchers have found there is a correlation between the two. Brain fog is a subjective feeling, so only Newton would know if he’s experiencing relevant symptoms. Should a patient be experiencing brain fog, he recommends reducing stress, sleeping well, and attempting to return to normalcy.
Miss Manners: Am I selfish to expect a part in their wedding?
DEAR MISS MANNERS: I am the heartbroken mother of my only son (and youngest child), who is to be married soon. Related Articles Miss Manners: Am I causing distress by asking to see my co-workers? DEAR MISS MANNERS: How do I address a sympathy card to a widow, whom I have never met, of a client? Miss Manners considers the extra time this will take to be well spent, and trusts that you will as well. Please send your questions to Miss Manners at her website, www.missmanners.com; to her email, dearmissmanners@gmail.com; or through postal mail to Miss Manners, Andrews McMeel Syndication, 1130 Walnut St., Kansas City, MO 64106.
'Every day, we're falling behind in Appalachian Ohio': Lack of broadband hurts rural areas
The Mitchells are among hundreds of thousands of families challenged by modern economic, education and health-care systems while living without internet access in rural Ohio. “A lot of reports were being filed to the FCC, saying areas (in rural Ohio) were covered,” she said. And what will it take (to achieve that)?”Future of rural broadband in OhioOhio has 25 electric co-ops that serve 77 mostly rural counties under Ohio’s Electric Cooperatives (OEC). He said the state is considering a variety of options including bidding on federal grant money to provide rural residents subsidies. Mitchell wishes central Ohioans understood the constraints the lack of internet access puts on otherwise hardworking Appalachians.
World shares mixed, US futures up after S&P 500 sinks 3.5%
World shares mixed, US futures up after S&P 500 sinks 3.5%European shares opened higher Thursday after Asian shares logged moderate losses following a sell-off on Wall Street sparked by surging coronavirus counts and fresh pandemic shutdown measures. Shares gained in Paris, London and Shanghai but fell in Tokyo, Hong Kong and Sydney on Thursday. U.S. futures were higher. Oil prices extended their losses on expectations that the pandemic may cause further disruptions that would crimp demand for energy. Investors were awaiting U.S. economic growth numbers and the release by China’s communist leadership of a five-year plan expected to focus on building advanced technologies.
France braces for monthlong lockdown as virus deaths mount
PARIS (AP) — French doctors expressed relief but business owners were in despair as France prepared Thursday to shut down again for a month to try to put the brakes on a fast-moving fall coronavirus outbreak. Shoppers at a Paris farmers’ market said Thursday they were ready to restrict their freedoms given the rising number of virus-related deaths and COVID-19 patients filling French hospitals. The new lockdown is gentler than what France saw in the spring, but still a shock to restaurants and other non-essential businesses that have been ordered to close their doors in one of the world’s biggest economies. French schools will stay open this time, to reduce learning gaps and allow parents to keep working. Farmer’ markets, parks and factories can also continue operating, officials said.
Chesterfield school health panel goes against VDH guidelines to send remaining students back to school Nov. 9
Heffron asked for a memo to be made that going forward the School Board makes the decisions regarding reopening and not the health panel. This final push brings approximately 34,000 students back into school, joining the nearly 28,600 students already back. Chesterfield County Public Schools had one listed outbreak at Clover Hill Elementary, which is now considered resolved. Since the start of school, Sept. 8, there have been 39 confirmed cases among school employees, including a contractor. There are five confirmed cases among students, all in elementary schools, with two at Chalkley Elementary and one each at Beulah, Bon Air and Watkins.
Large Covid outbreak in China linked to Xinjiang forced labour
China’s largest coronavirus outbreak in months appears to have emerged in a factory in Xinjiang linked to forced labour and the government’s controversial policies towards Uighur residents. An official in nearby Kashgar told Caixin that the plant, Shuchang Garment, was a “satellite factory” for producing clothing, curtains and bedding. “Clearly, ‘industry-based poverty alleviation’ is not voluntary but mandatory. The outbreak in Shufu county is among the largest China has recorded in more than two months. Researchers say that while it is possible ex-detainees are working in the factory, there is no evidence to suggest so.
Flu jabs: how to book one, and how it could protect you from Covid this winter
Millions are being urged to get a flu jab this year, as research suggests coronavirus is much more likely to cause death when the person also has the flu. What is the flu jab? Do I qualify for a free NHS flu jab? The NHS flu programme usually only covers the over-64s, pregnant women and people in care homes. You may also be able to get a free flu jab through your employer.
‘I regret voting for him': Ohioans hit by GM plant closure reflect on Trump
Photograph: Megan Jelinger/AFP/Getty ImagesLaid-off GM Lordstown workers still rail about that speech. He feels betrayed by GM’s decision to shutter the plant; he says the Lordstown workers were doing a “bang-up job”. Like many Ohioans eager to preserve manufacturing jobs, Green was irate that Trump called for boycotting Goodyear, which is based in Akron. After the Lordstown plant closed, Yakim, sturdily built with straight brown hair and a piercing gaze, transferred to the GM plant in Lansing, Michigan, driving four hours back to Ohio each weekend to visit his wife. “I told them voting has consequences.”After working at the Lordstown plant for 24 years, Adams also transferred to GM’s plant in Lansing, sharing an apartment there with a friend.
European markets trade flat after Wednesday’s rout – live updates
WPP has warned it expected sales level to drop over the full year as the pandemic batters the industry. The FTSE 100 company said it expected like-for-like revenues for the full year, less pass-through-costs, to be “within the range of analyst expectations”, indicating a fall of 8.5pc to 10.7pc. Its revenues w