2020-08-06@10:47:46 GMT
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    BEIRUT — Lebanese rescue workers dug through rubble looking for survivors of a powerful warehouse explosion that shook the capital Beirut, killing 100 people and injuring nearly 4,000 in a toll that officials expected to rise. Tuesday’s blast at port warehouses storing highly explosive material was the most powerful in years in Beirut, already reeling from an economic crisis and a surge in coronavirus infections. President Michel Aoun said that 2,750 tonnes of ammonium nitrate, used in fertilizers and bombs, had been stored for six years at the port without safety measures, and he said that was “unacceptable.” He called for an emergency cabinet meeting on Wednesday. Officials did not say what caused the blaze that set off the...
    BEIRUT — Lebanese rescue workers dug through rubble looking for survivors of a powerful warehouse explosion that shook the capital Beirut, killing 100 people and injuring nearly 4,000 in a toll that officials expected to rise. Tuesday’s blast at port warehouses storing highly explosive material was the most powerful in years in Beirut, already reeling from an economic crisis and a surge in coronavirus infections. President Michel Aoun said that 2,750 tonnes of ammonium nitrate, used in fertilizers and bombs, had been stored for six years at the port without safety measures, and he said that was “unacceptable.” He called for an emergency cabinet meeting on Wednesday. Officials did not say what caused the blaze that set off the blast....
    Juan Soto reinstated from COVID IL, but not in Nats lineup The Most Colorful Streets in the World The Fed is expected to make a major commitment to ramping up inflation soon The Federal Reserve is completing a year-long policy review and is expected to announce the results soon. One big change would be a harder commitment to getting inflation higher, through a pledge not to raise rates until it hits at least 2%. Markets have been betting on higher inflation, with surging gold prices, a falling dollar and a rush to inflation-indexed bonds. © Provided by CNBC Federal Reserve Board Chairman Jerome Powell speaks during a press conference following the January 28-29 Federal Open Market Committee...
    New York (CNN)Clorox, the world's biggest maker of disinfectant cleaning materials, said consumers will continue to see a shortage of its wipes and other products into 2021 because of overwhelming demand during the pandemic.While all kinds of disinfectant products have been flying off store shelves since March, wipes have been in especially high demand with consumers. Clorox (CLX), which dominates the $1 billion disinfectant wipes market with a 45% market share, said it has aggressively ramped up production for its cleaning products, but it still won't be enough.No one can get disinfectant wipes. One company found a clever solution to put them on shelves"Given the fact that cold and flu sits in the middle of the year, and then we...
    (CNN)Hurricane Isaias slammed into North Carolina Monday night, bringing coastal and inland flooding with the storm that is expected to keep moving up the coast.With wind speeds maxing out at 85 mph, Isaias strengthened back into a Category 1 hurricane before reaching land near Ocean Isle Beach, North Carolina, around 11:10 p.m., according to the National Hurricane Center. Howling wind and water washing across in "one to two foot swells" closed a bridge in Sunset Beach, North Carolina, Monday night, the Sunset Beach Police said on Facebook. A hurricane warning was in effect from the South Santee River area in South Carolina to Surf City, North Carolina, meaning hurricane conditions are expected somewhere within the warning area, NHC said.Storm surge...
    Hurricane Isaias has regained strength and is now set to barrel up the entire East Coast, bringing with it wind and the potential for flooding. Isaias spent some time at hurricane strength before weakening to a tropical storm after departing the Bahamas. On Monday, the system restrengthened into a Category 1 hurricane packing 75 mph sustained winds as it moved north-northeast at 16 mph, according to the National Hurricane Center’s 8 p.m. update. The storm is expected to make landfall near the border of North and South Carolina Monday night. Parts of the Carolinas are under hurricane warnings while nearly the entire coastal stretch from South Carolina to Maine has been put under a thunderstorm warning, as Isaias...
    Dr. Anthony Fauci, other top Trump aides acknowledge delays in COVID-19 testing José Andrés Restaurant Group Is Suing Its Insurance Provider For Coverage Amid COVID-19 Exxon’s debt load is expected to rise as it commits to paying dividend THE RATINGS GAME © Bloomberg News/Landov Investors had braced for bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed Friday when both energy integrateds reported second-quarter results that showed steep losses and dwindling sales amid the economic destruction wreaked by the coronavirus. Load Error Exxon (XOM) reported an adjusted loss of 70 cents a share on sales of $32.6 billion, contrasting with a FactSet consensus that called for an adjusted loss of 61 cents a share...
    Here’s what you need to know:In recent weeks, cases of the virus have surged in much of the country, leaving businesses once again in a precarious position.Credit…G L Askew II for The New York Times New data on Thursday morning will almost certainly show that economic output fell at its fastest pace on record last spring. Economists surveyed by FactSet expect the Commerce Department to report that U.S. gross domestic product fell by more than 10 percent in the second quarter of the year. That would translate to a 34.6 percent annual rate of decline. If the actual number even approaches those forecasts, it would represent a collapse of breathtaking speed and severity. By comparison, economic output fell 4 percent...
    Brian Roberts, chief executive officer of Comcast, arrives for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho.Drew Angerer | Getty Images Comcast is set to report its second-quarter earnings before the bell on Thursday. This is the first earnings report since Comcast's NBCUniversal, the parent company of CNBC, has launched its new ad-supported streaming service, Peacock, and the first to reflect the full extent of the pandemic on Comcast's business. Here are the key numbers: Earnings per share (EPS): 55 cents expected, according to Refinitiv Revenue: $23.57 billion expected, according to Refinitiv High-speed internet customers: 247,000 net adds, according to FactSet Comcast had already felt some of the...
    By MARTIN CRUTSINGER WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided shopping, traveling or gathering in crowds as the virus raged is estimated to have sent the economy sinking at a roughly 32% annual rate in the April-June quarter. That would be more than triple the previous worst quarterly economic fall, a 10% drop set in 1958. Depressed activity in such areas as business investment, home construction and government spending also likely contributed to the worst quarterly contraction on records dating...
    A ONE-YEAR-OLD boy is dead, his twin brother critically injured, after allegedly being beaten by their mother's boyfriend. Police were called to a home in Ecorse, MI early on Tuesday where they found Zyaire unresponsive. Zion was also badly injured, reported FOX2. 2Lisa Reed and James Gibson are expected to be charged with crimes related to the incidentCredit: Facebook/Lisa Reed Zyaire was pronounced dead a short time later, while Zion underwent emergency surgery for a broken hip and nose, and bleeding on the brain. Police said the boys' mom, Lisa Reed, was taken into custody. Her boyfriend James Gibson had fled the home, located 12 miles south of Detroit. "The live-in boyfriend decided to leave, took the family vehicle, and...
    By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided shopping, traveling or gathering in crowds as the virus raged is estimated to have sent the economy sinking at a roughly 32% annual rate in the April-June quarter. That would be more than triple the previous worst quarterly economic fall, a 10% drop set in 1958. Depressed activity in such areas as business investment, home construction and government spending also likely contributed to the worst quarterly contraction...
    Prince Joachim of Denmark will not suffer any long-term effects after undergoing surgery for a blood clot in his brain, the royal palace has reported.  On Friday the 51-year-old son of Queen Margrethe, who is sixth in line to the throne, was rushed to Toulouse University Hospital in France, where he was immediately operated on. The procedure was 'successful' and the prince's condition was said to be stable, while his wife Princess Marie, 44, remains by his hospital bedside, according to a Royal Court statement.  Lene Balleby, a spokeswoman for the royal household, said in an official statement yesterday: 'The blood clot in the brain was due to a sudden dissection of an artery, and the hospital's medical team assesses that the...
    Florida reports new daily death toll record McDonalds to close 200 U.S. restaurants. Heres where some may shutter Boeing is set to report earnings before the bell as pandemic erodes demand The company's airline customers are posting big financial losses because of the pandemic's impact on demand. In addition to its grounded 737 Max, demand has also slipped for Boeing's higher-priced 787 Dreamliners. Boeing executives detail results on a 10:30 a.m. ET call. © Provided by CNBC Boeing 737 MAX airplanes, along with one Boeing 787 at top, are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. Boeing is scheduled to report second-quarter results before the market opens on Wednesday as the coronavirus...
    Federal Reserve Chairman Jerome Powell speaks at his news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, January 29, 2020.Yuri Gripas | Reuters The Federal Reserve is expected to again promise to do whatever it takes to fix the economy at the same time it is working on what more it can do.  The Federal Open Market Committee winds down its two-day July meeting Wednesday with a 2 p.m. ET statement. That will be followed by a press briefing by Fed Chairman Jerome Powell, who could provide an update on the Fed's view on the economy and also the extraordinary actions it has taken so far..  "I don't think...
    Dalvin Cook, Minnesota Vikings. (Photo by Tom Pennington/Getty Images) Dalvin Cook simply doesn’t have enough leverage to keep up his holdout after training camp starts. According to NFL Network’s Stacey Dales, Minnesota Vikings running back Dalvin Cook has informed head coach Mike Zimmer that he plans to report to training camp when it opens this week. Cook and the Vikings have been embroiled in messy contract negotiations during the offseason, but the running back has more to lose by continuing his holdout at this point. Cook announced his plan to hold out several weeks ago after he found the Vikings’ extension offer unacceptable. However, the NFL’s new CBA leaves Cook with almost no leverage in the holdout. First of all,...
    (CNN)Much of the world has pinned its hopes on a vaccine as a way out of the Covid-19 pandemic that has infected more than 15 million and killed more than 630,000 people globally.The World Health Organization says there are 25 potential coronavirus vaccines in clinical trials internationally.Here in the United States, the government has put its money behind several different vaccine candidates through Operation Warp Speed. Even once a vaccine gets approved, big hurdles remain for distributionOne of those vaccines is being developed by the Vaccine Research Center at the National Institutes of Health's National Institute of Allergy and Infectious Diseases, in partnership with the biotechnology company Moderna. The vaccine is expected to enter Phase 3 testing next week....
    THE next coronavirus relief bill is expected to include cash payments of $1,200, according to reports. A second round of stimulus checks could arrive soon and the same amount of money could be handed out to Americans as the original $2.2 trillion CARES Act, which first passed in March. 4A second round of coronavirus checks is 'expected' to be $1,200Credit: Getty Images - Getty Speaking to reporters on Thursday, Treasury Secretary Steve Mnuchin said: "We're talking about the same provision as last time, so our proposal is the exact same proposal as last time." Republicans unveiled a new $1 trillion coronavirus rescue package on Thursday - after the White House dropped its request for a cut to Social Security payroll taxes. It has been...
    In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Infectious Disease Diagnostics Market Report NEW YORK, July 23, 2020 /PRNewswire/ — Read the full report: https://www.reportlinker.com/p05934705/?utm_source=PRN The infectious disease diagnostics market by revenue is expected to grow at a CAGR of over 7% during the period 2019–2025. The global infectious disease diagnostics market, which is one of the major segments in the global in-vitro diagnostics market, is likely to grow at a steady rate during the forecast period. The growth can be attributed to the growing prevalence/incidence of several infectious diseases. Malaria continues to be a major cause of death in the Middle East and Africa. The market is witnessing growth due to...
    In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Face Mask Market Report NEW YORK, July 23, 2020 /PRNewswire/ — Read the full report: https://www.reportlinker.com/p05934703/?utm_source=PRN The face mask market by unit shipment is expected to grow at a CAGR of over 5% during the period 2019–2025. The global face mask market is expected to register phenomenal growth by the end of 2020. The outbreak of respiratory infectious pandemic diseases such as H1N1 and COVID19 fuels the demand for face masks among frontline health workers and in the general population. N95 respirator masks are finding considerable use to protect healthcare workers against job-related exposure to infectious viruses and micro-organisms. The growing adoption of these...
    The NFL is expected to invite players to wear helmet decals honoring the victims of police brutality this season in a continuance of the league's effort to combat systemic racism. As a source with knowledge of the discussions confirmed to the Daily Mail, the NFL is currently finalizing the plan allowing individual players to choose the victim they wish to honor. Players would not be required to wear a decal, which would likely feature a victim's initials. George Floyd, who was killed by Minneapolis police in May, and Breonna Taylor, who was shot to death in her apartment by Louisville police in March, are expected to be among those honored with a helmet decal. Front Office Sports was the first to...
    Photo via Adobe ImagesFirst came the damage to Florida’s tourism industry and all sorts of other businesses. And now, the state’s growth engine? A panel of state economists last week released a report forecasting that Florida’s population growth will slow in the coming years because of the COVID-19 pandemic. That doesn’t mean the U-Hauls will stop trucking down Interstate 75 and Interstate 95: Florida is still expected to see population increases over the next five years that will be like adding a city slightly larger than St. Petersburg each year. But the report released by a panel known as the Demographic Estimating Conference reduced estimates of population growth, with the population on April 1, 2025 projected to be 200,139 below...
    Ahead of today’s predicted over-100-degree heat and humidity, Springfield is opening “cooling” centers throughout the community. The cooling centers, which offer a place to enjoy free, cool air conditioning, will be open noon to 6 p.m. Meteorologists are predicting the heat index value will reach 102, according to the National Oceanic and Atmospheric Administration’s weather service. A heat advisory is in effect for much of Massachusetts and Connecticut. There is a higher chance for people to develop an illness due to heat today. As a precaution, people are advised to drink plenty of fluids, stay in air-conditioned rooms, stay out of the sun and check on relatives and neighbors who may need assistance. Do not leave a child or pet...
    Ahead of today’s predicted over-100-degree heat and humidity, Springfield is opening “cooling” centers throughout the community. The cooling centers, which offer a place to enjoy free, cool air conditioning, will be open noon to 6 p.m. Meteorologists are predicting the heat index value will reach 102, according to the National Oceanic and Atmospheric Administration’s weather service. A heat advisory is in effect for much of Massachusetts and Connecticut. There is a higher chance for people to develop an illness due to heat today. As a precaution, people are advised to drink plenty of fluids, stay in air-conditioned rooms, stay out of the sun and check on relatives and neighbors who may need assistance. Do not leave a child or pet...
    BORIS Johnson will rip up the work-from-home guidance on Friday - giving bosses the green light to welcome staff back to the office. The Prime Minister will hold a Downing Street press conference to tell millions of Brits that it will be safe to return to the office next month. ⚠️ Read our coronavirus live blog for the latest news & updates 2Mr Johnson will hold a press conference on Friday, July 16, to announce new back-to-work measures Credit: Getty Images - Getty What time is Boris Johnson's speech? The Prime Minister's 'back to work' media briefing will be held at 10 Downing Street on Friday, July 16. The briefing is expected to be held in the...
    Over 850 lots of TV and film memorabilia will be auctioned in Los Angeles, California next month, with items up for grabs including the breastplate that Helen Mirren wore in Excalibur and costumes that Jennifer Lawrence wore in The Hunger Games. Prop Store will hold the Entertainment Memorabilia Live Auction on August 26 and 27, where in-person and online bidders can try their luck at getting ahold of pieces like Susan Sarandon's jacket from Thelma & Louise. Also up for auction are items worn and used by Rosamund Pike, Amy Adams, Christina Applegate, Denise Richards, and Keira Knighty.  Want it? The breastplate that Helen Mirren wore as Morgana in 1981's Excalibur is going up for auction Hollywood stuff: Prop Store will...
    Pedestrians walk past a Citibank branch in Washington, D.C.Andrew Harrer | Bloomberg | Getty Images Citigroup is set to report its latest quarterly numbers later on Tuesday as the corporate earnings season kicks off. Here's what analysts expect from the banking giant's second quarter of the year: Earnings: 28 cents per share expected by Refinitiv Revenue: $19.12 billion forecast Provision for credit losses: $6.99 billion expected by FactSet Fixed income, currency and commodities trading revenue: $4.86 billion forecast by FactSet Equities trading revenue: $929.8 million expected Citigroup shares are up nearly 12% the last three months through Monday's close, outperforming peers such as JPMorgan Chase, Wells Fargo and Bank of America. JPMorgan and Bank of America were roughly...
    JUCO football is expected to move to the spring. According to CBS Sports, the National Junior College Athletic Association’s football season will move to the spring amid the ongoing coronavirus pandemic. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) The plan is to announce the decision at some point Monday. I understand that this isn’t FBS football, but the FBS is loaded with former JUCO players. JUCO schools feed recruiting pipelines, and games won’t even happen until the spring because of coronavirus. While some people might use this decision to argue for the FBS doing the same, I’d very much argue against that idea. We simply can’t have major football games moved to the spring....
    A Washington Redskins helmet is seen on the field before the game between the Washington Redskins and the Philadelphia Eagles at FedExField on December 15, 2019 in Landover, Maryland.Scott Taetsch | Getty Images Washington's NFL team will get rid of the name 'Redskins' on Monday, according to multiple reports. It's unclear when a new name will be revealed for one of the league's oldest franchises. USA Today, ESPN, The Washington Post, Washington Times and Sports Business Journal reported Sunday night that owner Dan Snyder is set to "retire" the name. Yahoo, on Saturday, reported a name change was imminent. The team launched a 'thorough review' of the name July 3 that the NFL supported. That came in the aftermath of...
    (CNN)Tropical Storm Fay is lashing the Mid-Atlantic coast with heavy rains and strong winds Friday morning ahead of an anticipated landfall in New Jersey -- a path expected to drench a good portion of the Northeast.As of 8 a.m., Fay's center was about 90 miles south of Cape May, New Jersey, with maximum sustained winds of 50 mph, moving north, the National Weather Service said.Rain and wind will affect major US cities -- including Washington, Baltimore, Philadelphia and New York -- at various points Friday, CNN Meteorologist Chad Myers said. About 2 to 4 inches of rain, with isolated amounts of around 7 inches, are forecast, bringing a risk of flash flooding from coastal Maryland and Delaware into southern New...
    The PAC-12 is expected to only have conference football games during the 2020 season. The Big 10 sent shockwaves through the world of college football Thursday when the league announced only conference games would be played during the coronavirus pandemic. According to multiple reports, the PAC-12 will make the same call in the near future. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) Multiple industry insiders tell @TheAthletic that they expect the Pac-12 to go to conference-only scheduling as well in the coming days: https://t.co/KVWGAZTCrc — Nicole Auerbach ???? (@NicoleAuerbach) July 9, 2020 Source says Pac-12 is likely to follow the Big Ten’s lead in the coming days on a conference-only slate this fall. — Bryan...
    Michael V. Drake, a national champion for access and equity who previously headed Ohio State University and UC Irvine, is poised to be named the new president of the University of California and first Black leader in the system’s 152-year history. The UC Board of Regents was set to vote on the selection Tuesday afternoon, seizing a historic opportunity to hire a person of color to head a system whose 285,000 students are now majority nonwhite as the nation grapples with a sweeping racial reckoning. If approved, he will succeed President Janet Napolitano, who will step down Aug.1 after seven years. Drake, who will turn 70 on Thursday, would bring leadership experience, academic credentials, political savvy and personal qualities to...
    Getty Family members and friends mourn the death of Conrad Coleman Jr. at his burial service on July 03, 2020 in Rye, New York. Coleman, 39, died of Covid-19 on June 20, 2020, just over two months after his father Conrad Coleman Sr. also died of the disease. For the tenth consecutive week coronavirus deaths have decreased as cases soar in parts of the U.S, according to the Centers for Disease Control. But one epidemiologist says that a possible reason that deaths haven’t caught up with cases is due to something called lead time bias — and it has to do with the current influx of early testing. That’s according to Ellie Murray, an epidemiologist, assistant professor at...
    Hensley Meulens has been absent from Citi Field since the start of spring training 2.0, but there is an expectation the new Mets bench coach will report to camp this week. Manager Luis Rojas declined comment Monday when asked about Meulens. Once Meulens arrives, the Mets will have a full coaching staff, even if all are not present — hitting coach Chili Davis is working remotely because of coronavirus concerns. Tim Teufel, the organization’s minor league infield coordinator, has been at workouts and could serve on the coaching staff if the Mets need a replacement at any point. Michael Wacha threw three innings in a simulated game for his first work against batters. Matt Adams homered twice against Wacha,...
    Breaking News — Washington, Jul 3 . .- The US was preparing this Friday to celebrate its Independence Day tomorrow amid a dilemma that citizens do not disregard health recommendations to avoid more cases of COVID-19 and to maintain the tradition of commemorate this date with colorful fireworks displays. The pandemic has not given a truce and authorities have warned of an escalation of infections in states such as Arizona, Florida and Texas, among others, which led to a break the national daily record with 54,437 new cases on Thursday. According to the independent count of Johns Hopkins University, the United States accumulates 2.7 million infected and 129,114 deaths, and has been in the forefront of world statistics for...
    Former President Barack Obama cautioned Americans to stay safe over the Fourth of July holiday and 'listen to the experts, not the folks trying to divide us' in a subtle swipe at President Trump.  'This holiday weekend, let's be safe and smart. It's going to take all of us to beat this virus. So wear a mask. Wash your hands,' Obama also said in a Friday tweet. 'That's the only way we'll do this - together.'   The ex-president's comments come as Trump is about to headline back-to-back Fourth of July events expected to draw crowds in the thousands despite the uptick in coronavirus cases around the U.S.  President Obama cautioned Americans to stay safe and 'listen to the experts,...
    New York (CNN Business)Economists expect another month of record job growth in America as the economy is getting on its long path to recovery from the pandemic lockdown. Yet the jobs crisis is far from over.Experts polled by Refinitiv predict that three million jobs were added in June, a new record high following May's addition of 2.5 million jobs. This would nudge the unemployment rate down to 12.3% from 13.3% in May. Mind you, the unemployment rate was near a 50-year low of 3.5% in February.While the expected improvement is certainly good news, America would still be down 16.6 million jobs since February -- even after two consecutive record months of job growth.And "the pain has not been evenly spread,"...
    (CBSNewYork)- One week and a day from now, NYCFC will be back on the field kicking off the first game of their Group Stage against Philadelphia Union in Orlando. It’s been a long layoff since Ronny Deila’s squad opened the season with a pair of tough losses, but they enter next week’s MLS Is Back tournament tied for the second-best odds of taking home the trophy. It’s easy to understand why that is. Despite the two early results, Deila’s club is stacked with returning talent bringing back the top 14 players from last year’s group that topped the Eastern Conference and made it to the conference final. Deila is new and, at the beginning of the year, was still getting...
    Brian Cashman says no Yankees are expected to opt out of playing at this point: “The crew is all in” By: Andres Chavez July 1, 2020 Follow ESM On Social Facebook Twitter Youtube Flipboard Instagram ShareTweet0 SharesCoronavirus has impacted our lives in ways we didn’t imagine at the start of the year. Lives and job positions lost often take the headlines, but our everyday dynamics have also been altered one way or another. And, for those of us who love baseball, we have had to endure several months of rumors, negotiations and bad blood between MLB and the union trying to figure out the details for the sport to return this year. Everything...
    Cars sit in a dealership lot on the first day that dealerships are allowed to open to the public on May 20, 2020 in Linden, New Jersey.Spencer Platt | Getty Images Fiat Chrysler's U.S. vehicle sales in the second quarter fell by 38.6% as the coronavirus caused consumers to stay at home, and dealerships and factories to shutter. The hefty decline is in-line with what analysts expected for the automaker, which is among the first to report its second-quarter sales. Sales were forecast to fall by about 34% in the second quarter, including declines of 24% to 30% in June alone, according to auto research firms Edmunds and TrueCar's ALG. There were no bright spots for Fiat Chrysler in the second...
    Coronavirus — Optimism of the markets on the travel sector 0:56 . – The European Union has formally agreed on a set of recommendations that will allow travelers from outside the bloc to visit EU countries, months after it closed its external borders in response to the covid-19 outbreak. As widely expected, the list of 14 countries does not include the United States, whose current rate of covid infection does not meet the criteria established by the EU for it to be considered a “safe country”. The criterion requires that confirmed cases of covid in the countries on the list be similar to or lower than those in the EU per 100,000 citizens during the previous 14 days...
    A major franchise company in the United States is expected to file for bankruptcy after missing interest payments on its loans due earlier in January. The company, known as NPC International, is known for operating a number of fast food restaurants including Pizza Hut and Wendy’s. According to The Wall Street Journal, the company owns more than 1,200 Pizza Hut restaurants and 385 Wendy’s stores. They are reportedly planning to file for chapter 11 protection. The move comes despite the fact that NPC International reportedly benefitted from a surge of orders during the coronavirus pandemic, which left many civilians unable to go to restaurants and instead rely on delivery or takeout food options. In fact, Pizza Hut’s parent company, Yum...
    A NEW wave of bumper coronavirus stimulus checks could be coming to millions of Americans as soon as July. The proposed round of checks would give $1,200 to individuals, $2,400 to couples, and $1,200 per child – a bump from the $500 per child in the first round of payments. Families could get up to $6000 in the upcoming stimulus checks Donald Trump has hinted that he supports the "generous" idea as senators say they are weighing up options for the latest round of financial relief. Oklahoma Republican Senator Jim Inhofe said: “It is going to happen, it’s just not going to happen yet." after two hours of discussion at this week's Senate Republican luncheon. Senators are supportive but are still...
    London (CNN Business)The International Monetary Fund has slashed its global economic forecasts for 2020, saying the coronavirus pandemic is causing a much steeper recession and a slower recovery than initially expected. The organization said Wednesday that it thinks global GDP will contract by 4.9% this year, downgrading its estimate from April, when output was forecast to shrink by 3%.This is the worst peacetime recession in 100 years, OECD saysThat was already due to be the deepest slump since the Great Depression of the 1930s.The pandemic is causing an "unprecedented decline in global activity," according to the IMF. It said the global labor market has taken a "catastrophic" hit, movement outside the home remains depressed, companies have cut back on investment...
    A $100 million renters' relief program is expected to be approved next week by the L.A. City Council. On Eyewitness Newsmakers, Council President Nury Martinez said that's not nearly enough and this round will be distributed by lottery."One hundred million dollars is geared towards making sure that folks apply for this program. We have the infrastructure in place. Applications will become available July 6, and run from July 6 to July 10. On July 13th there should be a lottery system in which the department will be able to select families and issue rent relief," Martinez explained.MORE: CA rent relief proposal would give tenants until 2034 to make late paymentsEMBED More News Videos A new Democratic rent relief plan could...
    Apple is expected to unveil the next versions of its software for iPhone and Mac, iOS 14 and macOS Big Sur, along with a major update to the Safari browser at its Worldwide Developer Conference today. WWDC is the firm's annual developer conference, where it updates programmers on the latest software innovations, but this year will be different as it is all online due to to the coronavirus pandemic . According to serial leaker L0vetodream, macOS Big Sur will come with a redesigned user interface and a 'huge update' for the default Apple browser - Safari.  However, it could be an uncomfortable event for the tech giant, as it is currently embroiled in a row with developers over App Store fees....
    Weekly jobless claims data shows 1.51 million people filed new unemployment claims for the week of June 13, a decline from the previous week but still staggeringly high as the coronavirus pandemic continues to wreak havoc on the economy.  The latest figure from the Labor Department marked the 11th straight weekly decline in applications since they peaked at nearly 7 million in March, as the coronavirus shut down much of the economy and caused tens of millions of layoffs. The decline was much smaller, though, than in recent weeks, falling just 58,000. The total number of people receiving unemployment aid also fell slightly, reflecting the return of many to their old jobs. A second wave of layoffs amid weak demand...
    The Department of Justice is reportedly preparing to roll back nearly two-decade old laws protecting tech companies in an effort to spur them into being fairer and more consistent about how they suppress content on their platforms. The proposed changes could be introduced as soon as Wednesday and must be adopted by Congress, The Wall Street Journal reported Wednesday, citing a Trump administration official. The White House also confirmed the president’s request that the DOJ do so. President Donald Trump signed an executive order in May seeking to target the legal protections that Silicon Valley companies have enjoyed for years. The move was a response to conservatives who believe Twitter and other tech giants discriminate against them for political reasons....
    Between 1974 and 1986, a series of murders, rapes, and burglaries terrorized California. In 12 years, the man known in different parts of the state as the East Area Rapist, the Original Night Stalker, and the Visalia Ransacker committed at least 13 murders and more than 50 rapes and 100 burglaries. Like so many famous serial killers, the Golden State Killer taunted victims and police by making creepy phone calls and writing letters. The serial killer and rapist would break into suburban couples’ homes at night, tie up the man and stack plates on his back, and then say he would kill both of them if he heard the dishes fall while he raped the wife. On April 24, 2018,...
    Las Vegas Raiders rookie receiver Henry Ruggs isn’t expected to miss much time after getting hurt while moving. The former Alabama superstar was injured while moving stuff in Vegas, but he should be ready to roll sooner than later. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) According to Adam Schefter, Ruggs “is expected to be ready for training camp whenever it begins.” Raiders’ first-round pick Henry Ruggs, who was injured last month when he got pinned between a trailer and a car while helping a friend move, got stitches in his thigh but suffered no muscular damage and is expected to be ready for training camp whenever it begins, per source. — Adam Schefter (@AdamSchefter)...
    New York (CNN Business)The coronavirus pandemic has devastated America's economy and millions of workers have lost their jobs. It is by far the worst economic shock most people have witnessed in their lifetimes and it's going to get worse before it gets better.Economists polled by Refinitiv expect the US economy to shed another 8 million jobs in May, bringing the tally of jobs lost during the coronavirus pandemic to 28.5 million -- more than three times the number of jobs lost during the 2008 financial crisis.That would push the unemployment rate to nearly 20%, a record high. The Bureau of Labor Statistics, which is set to release its jobs report at 8:30 am ET Friday, began tracking monthly data in...
    (CNN)The NBA's return is imminent -- but it could only be with 22 teams.The NBA's Board of Governors is expected to approve a league proposal that would restart the season in Orlando utilizing a 22-team format, according to ESPN and The Athletic. Three-fourths of the 30 NBA teams must also ratify the proposal. That decision is set to be made Thursday at 12:30 p.m., ESPN reported.The new plan would see 13 Western Conference teams and nine Eastern Conference teams play eight regular-season games, before beginning the playoffs -- which, in past seasons, has ended in early June.The top eight teams in both conferences will be a part of the 22 teams playing. The remaining six teams will be those within...