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Dollar finds a footing as traders brace for hawkish Fed

The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut......»»

Source:  foxnewsCategory: market~21 hr. 18 min. ago Related News

Biden says Texas synagogue hostage taker bought his gun "on the street"

The FBI identified the suspect in the Congregation Beth Israel hostage situation as 44-year-old British national Malik Faisal Akram. US President Joe Biden speaks about the hostage incident at a synagogue in Texas as he arrives with US First Lady Jill Biden (R) to pack food boxes while volunteering in honor of Martin Luther King, Jr., Day of Service, at Philabundance, a hunger relief organization, in Philadelphia, Pennsylvania, January 16, 2022.SAUL LOEB/AFP via Getty Images Biden said the man who took four people hostage at a Texas synagogue bought his gun off the street.  The FBI identified the suspect as 44-year-old British national, Malik Faisal Akram. Biden said Akram had been in the US for a few weeks and spent his first night in a homeless shelter. President Joe Biden said the man who took four people hostage at a synagogue in Colleyville, Texas, on Saturday purchased his gun on the street. The FBI identified the suspect in the Congregation Beth Israel hostage situation as 44-year-old British national Malik Faisal Akram.In a press statement, Biden said Akram had been in the US for only a few weeks and had spent his first night in a homeless shelter. Biden said he doesn't have all the details yet but speculated that Akram might have "purchased it from an individual in a homeless shelter or a homeless community," because that's where he said he was. "It's hard to tell. I just don't know," Biden said. While Akram alleged he had bombs, the president said there were none "that we know of."Biden added that while background checks are "critical" they don't work when someone buys a gun off the street. "But you can't stop something like this if someone is on the street buying something from somebody else on the street.  Except that there's too — there's so many guns that have been sold of late; it's just ridiculous," Biden said. "And it's because of the failure of us to focus as hard as we should and as consistent as we should on gun purchases, gun sales, ghost guns, and a whole range of things that I'm trying to do."The hostage situation lasted for 11 hours. The synagogue was live-streaming a morning service via Facebook and Zoom, authorities said, when Akram entered and took the four hostages.All four were released unharmed and Akram was killed at the scene. No details about his death have been released. Biden said he did not know the specific motive behind the attack or why the specific synagogue was targetted. FBI Special Agent in Charge Matt DeSarno said that Akram was focused on an issue not linked to the Jewish community, AP reported."Well, no, I don't. We don't have — I don't think there is sufficient information to know about why he targeted that synagogue or why he insisted on the release of someone who's been in prison for over 10 years, why he was engaged — why he was using antisemitic and anti-Israeli comments. I — we just don't have enough facts," Biden said.Akram reportedly made demands that convicted terrorist Aafia Siddiqui, dubbed "Lady Al-Qaeda," be released from the Carswell Air Force Base in Texas, during the hostage situation.Siddiqui is serving an 86 year sentence after being convicted for attempting to kill a US soldier in 2010.  Read the original article on Business Insider.....»»

Source:  nytCategory: world~22 hr. 18 min. ago Related News

Sen. Tim Kaine says most recent version of spending bill is "dead" but "the core of the bill" will likely pass

"Even the White House economist is using the past tense when referring to Build Back Better. It's dead," CBS's Margaret Brennan told Sen. Tim Kaine. Democratic Sen. Tim Kaine of Virginia campaigns for gubernatorial candidate Terry McAuliffe at a rally in Richmond, VA on October 23, 2021. (Photo byRyan M. Kelly/AFP/Getty Images Democratic Senator Tim Kaine said there's hope the social and climate spending bill will pass.  Kaine said while the current version of the bill is dead, core elements of it may still go through.  Democratic Sen. Joe Manchin has opposed the passing of the bill.  Democratic Senator Tim Kaine pushed back on the idea that President Joe Biden's social and climate spending bill is completely "dead."In a CBS "Face the Nation" interview with host Margaret Brennan, Kaine said while the most recent version of the measure is "dead," core elements of the bill could still pass. "Even the White House economist is using the past tense when referring to Build Back Better. It's dead. You don't have the votes in the Senate," Brennan told Kaine.  "I don't agree with you, Margaret. You're right that it's dead. The most recent version of it is not going to happen but if you look at the core of the bill, I think the core is education and workforce and things like reduce childcare and education expenses, workforce training, and then support for the workforce in areas like health care," Kaine replied. The social spending bill faced numerous blows to getting passed as Sen. Joe Manchin has blocked support of it. Manchin said he opposed the sprawling $2 trillion legislation, mostly based on opposition to the expanded child tax credit, which provides up to $300 a month per child to most families. Manchin has also opposed the total price tag. Earlier this month, Manchin said he's no longer supporting his proposal of a $1.8 trillion plan after a breakdown in the negotiation process with Biden's administration.Read the original article on Business Insider.....»»

Source:  nytCategory: world~22 hr. 18 min. ago Related News

Trump has been talking trash about Ron DeSantis in private, saying the Florida gov. has a "dull personality" and is ungrateful: report

Sources said Trump made a point of saying he isn't worried that DeSantis will run for president in 2024. President Donald Trump and Florida Governor Ron DeSantis in Sunrise, Fla., on November 26, 2019.Joe Raedle/Getty Images Trump has been trash-talking Florida Gov. Ron DeSantis in private, per an Axios report. Behind closed doors, Trump has been saying that DeSantis has a "dull personality."  According to Axios, Trump is also sore about DeSantis' not publicly ruling out running for president in 2024. Former President Donald Trump trash-talked Florida Gov. Ron DeSantis behind closed doors, slamming him for his perceived ungratefulness and saying the governor has a "dull personality." According to sources who spoke to Axios' Jonathan Swan, Trump has criticized DeSantis multiple times in private."In the context of the 2024 election, he usually gives DeSantis a pop in the nose in the middle of that type of conversation," said one source, who spoke to Swan under the condition of anonymity. "He says DeSantis has no personal charisma and has a dull personality."The source also told Axios that Trump goes out of his way during these conversations to say that he isn't fussed about having to potentially take DeSantis on to clinch the GOP nomination in 2024. A second anonymous source who spoke to Swan said that Trump was irritated with DeSantis because the latter had not yet publicly ruled out a 2024 presidential run. Axios reported that the former president also said in private that he doesn't understand what the "big deal" is for DeSantis to make a declaration that he won't be running in 2024, saying: "Why won't he just say he's not going to run against me?"The second source also told Swan that the former president was particularly annoyed over perceived ungratefulness from DeSantis, telling people in private that "there's no way" that DeSantis would have been elected governor without his endorsement.According to Axios, Trump has been keeping tabs on who has ruled out running in 2024. Several prominent Republicans have not publicly ruled out running in 2024, including former Vice President Mike Pence, Texas Sen. Ted Cruz, who said in December that he would run for president again "in a heartbeat," and former New Jersey Gov. Chris Christie, who in recent months has become an outspoken critic of Trump's fixation on election fraud. DeSantis is viewed as a prominent frontrunner to challenge Trump for the Republican presidential ticket. Insider's Kimberly Leonard reported that DeSantis' name kept coming up among Trump supporters gathered outside Mar-a-Lago on January 6, 2021, the first anniversary of the Capitol attack, with people picking the Florida governor as their second favorite for the ticket. DeSantis said in October that he is not considering a presidential run because he's "busy trying to make sure people are not supporting critical race theory."DeSantis also dismissed rumors that there is any tension between him and Trump. However, on a conservative podcast this week, he admitted he wished he'd been "much louder" in his opposition to Trump when the former president issued COVID-19 stay-at-home-orders.Despite criticizing DeSantis, Trump has signaled that he would be open to having the Florida governor as a vice-presidential running mate.Trump has not yet announced a presidential run and said in November that he will "probably" wait until after the midterm elections to confirm if he will make a presidential bid in 2024. Read the original article on Business Insider.....»»

Source:  nytCategory: world~22 hr. 18 min. ago Related News

U.S. FAA clears 45% of commercial plane fleet after 5G deployed

The FAA said Sunday it had cleared an estimated 45% of the U.S. commercial airplane fleet to perform low-visibility landings at many airports where 5G C-band will be deployed.....»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

France OK"s law banning unvaccinated from restaurants, sports arenas as COVID cases surge

France's government on Sunday approved a new law that will ban the unvaccinated from all restaurants, sports arenas, and other venues as COVID cases driven by the highly contagious omicron variant surge across the country......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

NYC woman killed in subway attack worked as Deloitte exec, LinkedIn page suggests

A woman who was pushed to her death in front of a subway train at the Times Square station Saturday was a senior manager at Deloitte Consulting......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

At many churches, pandemic hits collection plates, budgets

The pandemic has made it difficult for churches across the country to stay afloat......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

COVID program delivers 1 billion doses to poorer countries

WHO officials say over 1 billion vaccine doses have been delivered to countries in need, but work remains......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

DirecTV drops Trump-friendly One America News

DirecTV is dropping One America News Network, which has been friendly to former President Trump, after “a routine internal review,” a DirecTV spokesman said......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

Tesla inks deal to get key battery component outside China

Tesla has a deal with an Australian company to mine graphite from Mozambique to reduce dependence on China......»»

Source:  foxnewsCategory: top~22 hr. 18 min. ago Related News

Tacoma-based Zeva flies saucer-shaped craft in milestone test

It's part of effort to supply an emerging market for quick point-to-point air travel, with “huge workforce opportunities” in the Puget Sound region, an analyst says......»»

Source:  bizjournalsCategory: top~22 hr. 18 min. ago Related News

Leveraged Trading Is Not The Source Of Recent Crypto Weakness: So What Is?

Leveraged Trading Is Not The Source Of Recent Crypto Weakness: So What Is? By Marcel Kasumovich, One River Asset Management head of research Macro narratives are driving digital asset sentiment, from asset swings to regulatory decisions. This alone speaks to a maturing ecosystem – investors want the macro story. But digital asset volatility has been mostly uncorrelated to other macro markets in the recent past. It is more about a shift in investor behavior. 1/ As digital assets enter the mainstream, market commentary focuses on price. And in a world where exchange rate volatility is near all-time lows, attention has naturally shifted to digital assets where volatility against the US dollar is breathtaking by comparison. The megatrend towards the digitalization of finance will not be defined by the shorter-term gyrations. The innovation happening more behind the scenes will dictate the secular formations. Recent advancements in the Lightning Network illustrate the quiet determination to digitalize finance. 2/ The Lightning Network was proposed in 2015 as a way of scaling smaller payments, able to accommodate billions of transactions in a second (here). It addressed the tiring argument of Bitcoin’s inefficiency head-on. And after a slow start, user adoption surged last year with a 3-fold rise in network capacity (Figure 1). It is also integrating into the regulatory mainstream. This week, Bottlepay, a payment provider built on the Lightning Network, was approved by the UK Financial Conduct Authority. These new technologies can hold up to regulatory standards including anti-money laundering (here). It is a powerful example of technologists and regulators working together to encourage innovation in a complacent legacy system. 3/ Innovation may drive the megatrends, but investors are still left to manage and explain portfolio volatility from digital assets. And just as digital innovation is garnering more institutional attention, so too are the narratives around the volatility of digital assets. Investors are looking for macro thematic narratives, including the sharp downturn since November and the abrupt decline to start the year. Explanations center on the downturn in inflation expectations, the Fed pivot toward faster rate hikes and balance sheet normalization, as well as the decline in growth stocks tied to the rise in real interest rates. The high correlation of bitcoin returns to inflation expectations last year (56%) reinforces a desire to put a tidy macro narrative to the digital ecosystem. 4/ But the analytics tell a different story. We run a simple empirical exercise to evaluate bitcoin returns as explained by three macro factors: market-based inflation expectations (5y5y inflation swaps), the inflation-adjusted terminal policy rate (5y5y overnight interest rate swap less 5y5y inflation swaps), and Nasdaq 100 equity returns. These factors only explain 10-45% of the variation in bitcoin over the past two years and with various representations of the data. More importantly, there is almost no relevance of these factors in explaining the bitcoin downturn since November. Those factors would imply a bitcoin price of 50-60k, much higher than the current price. 5/ What does that mean for investors? Digital assets volatility has been largely independent of macro factors in the recent past. To be sure, the independent volatility that most investors hope for is skewed to the upside. But in assets where volatility expectations have ranged from 55% to 158% in the past two years, there will be plenty of periods where idiosyncratic moves detract from a portfolio. The test for any investor is asking about the structural trends. What tokens will prosper with the digitalization of finance? How broad will token pluralism extend? If the answers to the structural questions are positive, then downside volatility should be met with programmatic rebalancing into digital assets. 6/ Of course, idiosyncratic volatility is not satisfying. It is a polite way of saying we need to dig deeper for an explanation. What is behind the swings in digital assets if the macro narrative falls flat? The hunt for the explanation is partly a process of elimination and partly identifying new patterns of behavior. There are three key elements of the market microstructure of interest. 7/ First, the bitcoin forward yield curve has been stable, indicating leveraged trading is not a source of downside volatility. Figure 2 illustrates the one-month annualized yield implied by bitcoin futures on the Deribit exchange, where leverage is more readily available to traders. A rise in speculative demand leads to higher forward bitcoin prices and higher implied yields (vice versa). In periods of excess leverage, forward prices fall more than spot as speculative traders forced to close positions at unfavorable prices. Last May, one-month yields fell to an annualized –75%, reflecting a costly, steep inversion of the forward curve to speculative long traders. On this downturn, the compression in yields is barely visible. 8/ Second, option markets have decoupled from previous correlations to spot prices, with declining volatility expectations. The one-week implied volatility on Ether is 70%, near the lows of the past year (Figure 3). Ordinarily, declines in spot prices, particularly severe ones, would have seen a surge in volatility expectations. However, volatility is low despite a sharp decline in spot prices. The same pattern is evident in 25-delta put-call volatility skew. The one-week skew in Ether options is only marginally positive, near the average of the past year. This is strongly counter to past downturns in spot prices, where option skew spiked well above 40%! Again, leveraged trading is not the source of the recent price weakness. 9/ Third, a rise in the dispersion of digital asset prices hints at a change in investor behavior. We illustrate this point with a unique parsing of the data based on the last two downturns: May 8, 2021 and Nov 9, 2021. Dispersion is measured by the median difference between the individual returns on the 12 assets of our Core Index and bitcoin returns. When Index asset returns are evenly dispersed around bitcoin returns, the measure is zero. The one-month dispersion in the latest downturn measures near-zero (–0.4%). This is vastly different from May 2021, where the one-month dispersion index measured –9.1%. Index assets exhibited higher beta to the bitcoin downturn. No doubt, two cyclical periods don’t make a trend, but it does call for attention. 10/ Market behavior is bifurcating. It is evident in futures markets, where the decline in yields has been greater in regulated markets (CME) than in unregulated ones (Deribit). It is evident in active supply, where the percentage of longer-term holders has dropped alongside a more-than 20% fall in large-value bitcoin addresses (greater than $10mn). It is evident in the surge of interest in venture applications (here). Investors focused on macro narratives have mattered more than leveraged traders. And it is these ebbs and flows that should remind investors that we are at the very early stages in the digitalization of finance. It is precisely in those imperfect, inefficient early stages where megatrend assets are most additive to a portfolio. Figure 1 – Lightning Network Capacity Surge, Adoption Rising Figure 2 – Bitcoin Futures’ Yield Stable, No Sign of Speculative Excess Figure 3 – Ether Volatility Low Despite Declining Prices Tyler Durden Sun, 01/16/2022 - 22:00.....»»

Source:  nytCategory: deals~22 hr. 34 min. ago Related News

Dow Jones Newswires: China’s central bank cuts two key rates to support slowing economy

China's central bank on Monday cut two key interest rates that would likely translate into lower benchmark lending rates, in a bid to provide more support for the slowing economy......»»

Source:  marketwatchCategory: top~22 hr. 34 min. ago Related News

Quantifying The World"s Most Powerful Militaries

Quantifying The World's Most Powerful Militaries When it comes to manpower, no military in the world comes close to that of China. According to Global Firepower estimates, the People's Republic has around 2 million active military personnel. The United States in comparison, has significantly less - 1.4 million - but when assessing the overall power of the world's military forces, the U.S. comes out on top, ahead of Russia and China in second and third, respectively. You will find more infographics at Statista With Russian military build up around Ukraine and increasingly aggressive posturing from the Kremlin, the chances of at least one of the world's most powerful militaries applying its strength in a major new conflict appear to be at their highest for some time. Diplomatic efforts have so far failed, and it now remains to be seen how Russia will act. Elsewhere, the risk of China and the United States clashing in some form over Taiwan remains ever-present. The index "utilizes over 50 individual factors to determine a given nation's PowerIndex score with categories ranging from military might and financials to logistical capability and geography." While a rating of 0.000 would represent the perfect score, it is considered realistically unattainable. Tyler Durden Sun, 01/16/2022 - 20:00.....»»

Source:  nytCategory: personnel~Jan 16th, 2022Related News

After 28 Days On Ventilator, Family Loses Legal Battle To Try Ivermectin, Other Alternative Treatments, For Dying Father

After 28 Days On Ventilator, Family Loses Legal Battle To Try Ivermectin, Other Alternative Treatments, For Dying Father Authored by Nanette Holt via The Epoch Times, A Florida family fighting to give their loved one on a ventilator alternative treatments for COVID-19 have lost another battle—this time in Florida’s First District Court of Appeal. The wife and son of Daniel Pisano first squared off against Mayo Clinic Florida at an emergency hearing on Dec. 30 in Florida’s Fourth Judicial Circuit. Before that, they’d been begging the hospital to allow them to try treating Pisano—who’s been on a ventilator now for 28 days—with the controversial drug ivermectin, along with a mix of other drugs and supplements, part of a protocol recommended by the Front Line COVID-19 Critical Care Alliance (FLCCC). The family’s request for an emergency injunction to force the Mayo Clinic to allow treatments recommended by an outside doctor was denied by Judge Marianne Aho. They appealed the decision. On Jan. 14, Aho’s decision was upheld by Florida’s First District Court of Appeal. The three-judge panel deciding the case included Judge Thomas “Bo” Winokur, appointed by then-Gov. Rick Scott in 2015; Judge M. Kemmerly Thomas, appointed in 2016 by Scott; and Judge Robert E. Long, Jr., appointed in 2020, by Gov. Ron DeSantis. “An opinion of this Court explaining its reasoning will follow,” the judges stated in the order they issued.  “So we wait to see what that looks like, unless it takes too long,” said Jeff Childers, an attorney for the family.  Seventy-year-old Daniel Pisano doesn’t have unlimited time, says Eduardo Balbona, M.D., an independent doctor in Jacksonville who’s been advising the family since they reached out to him while researching other treatments that could potentially help their loved one. Daniel and Claudia Pisano moved to Florida and bought a homesite to be 20 minutes from their only two grandchildren. (Photo courtesy of Chris Pisano) Balbona, who has been monitoring Pisano’s treatment at the Mayo Clinic through an online portal, testified on behalf of the Pisano family in the first hearing. The Mayo Clinic has argued that the treatment plan doesn’t fit with the hospital’s standard protocol for treating COVID-19 patients and they don’t know what the effects of following Balbona’s recommendations would be. The hospital has told the family that Pisano has a less-than-five percent chance of survival, and all that’s left to do is wait and see if he recovers on the ventilator. The Mayo Clinic has not responded to requests for comment. The family has begged the Mayo Clinic to simply step aside and let Balbona try what he thinks could work. But the Mayo Clinic doesn’t allow outside doctors to treat patients. Since media reports mentioned his involvement in the case, particularly his confidence in recommending ivermectin, Balbona has faced a mix of hate-filled criticism and desperate cries for help. He says he’s used ivermectin along with the rest of the FLCCC protocol successfully with minor modifications, on “dozens and dozens” of seriously ill patients suffering the effects of COVID-19. Some of those patients have come to him from as far away as California. He’s not alone in his belief in ivermectin and the mix of drugs and supplements he’s suggesting. Different health care professionals across the country have spoken out over the past two years about the efficacy of using ivermectin and the FLCCC protocol to treat COVID-19. The drug has been used for 40 years and won a Nobel Prize for its creator. While ivermectin is most often used to prevent or kill parasites in animals, it has also been widely and successfully used for years to treat parasites and viruses in humans in the United States and other countries. There is an ever-growing list of peer-reviewed studies showing the drug’s efficacy in treating COVID-19. The U.S. Food and Drug Administration (FDA) indicates there are ongoing clinical trials investigating the use of the drug in the treatment of COVID-19 on a webpage warning people not to self-medicate with ivermectin. The FDA published a tweet in August mocking those who do. And some politicians and media outlets have railed relentlessly against those claiming ivermectin could be an effective and inexpensive way to combat COVID-19. The U.S. Food and Drug Administration (FDA) shared this tweet on Aug. 21, 2021, mocking the use of the drug ivermectin in the treatment of COVID-19. (Photo courtesy of FDA via Twitter) “You should be embarrassed to practice medicine, to sue the Mayo Clinic to get horse medicine to a human being, because of Internet garbage,” one person seethed on a voicemail at Balbona’s office after his court testimony was mentioned in an Epoch Times article. “Your license should be revoked, you worthless piece of garbage. You are killing people, not helping them, and to harass the Mayo Clinic, because you are not good enough to be their doctor is disgusting. Disgusting. You and doctors like you should all be banned from society. Shame on you. Disgusting. Goodbye and good riddance. I hope you get COVID. Goodbye.” Balbona says he deletes messages like that and pushes on with his treatment of patients. It’s “just the intolerance and hatred that takes me by surprise,” he said, about his office communications now getting “flooded by hate.” Eduardo Balbona, M.D., completed specialty training in internal medicine at the National Naval Medical Center and served as a physician at the U.S. Capitol, caring for senators, congressmen and Supreme Court justices. (Photo courtesy of Eduardo Balbona, M.D.) “Everything I do treating COVID is directed at lowering the inflammatory response, which is out of control, and improving blood flow to the lungs, and avoiding the complications of clots,” he said. “Perhaps the biggest change I’ve made from protocols in the hospital and with FLCCC is increasing the dose of dexamethasone. The dose of dexamethasone in FLCCC is relatively low at 6 mg, and I generally increase that to 18 mg daily in more serious cases. That’s a logic change, and I realize the study support is at 6 mg.” “There’s a reason for every medicine and everything I do treating COVID with my protocol. I have to be able to defend it since I know it will be attacked. Crazy world we’re in.” Christie DeTrude, of Switzerland, Florida, feels certain that Balbona’s recommendations saved her husband, Dewey. He had just retired last spring at 59 after a long career as a pipe-fitter. At 200 pounds and 6-feet-tall, he was in the peak of health, with strong “country muscles after a lifetime of turning a wrench,” she said. Dewey and Christie DeTrude on vacation in Hawaii, before he fell ill with COVID-19. (Courtesy of the DeTrude Family) When he sought treatment for COVID-19 at an urgent-care clinic in July, he was prescribed ivermectin by a doctor there. “But what we didn’t know at the time was, it wasn’t a high enough dose, because it’s supposed to be weight-based,” Christie DeTrude said. “Theirs was a very low dose, and they discontinued it after five days and said that it would be damaging to his liver and kidneys if they continued, which isn’t true.” On his eighth day of illness, he had developed pneumonia, and the urgent-care clinic told him to go to the hospital for treatment with convalescent plasma and oxygen. The referring doctor promised he wouldn’t be admitted, Christie DeTrude said. When she dropped him off at the Mayo Clinic Florida emergency room, she was told to come back and pick him up in 4-5 hours. “Once he got to Mayo, they just completely took over, and there was no informed consent,” DeTrude said. “There was no giving him information and letting us make a decision. They made all of his decisions for him, and they follow a standard protocol.” “There were no choices, there was no discussion…they just kept upping the oxygen,” DeTrude said. The Mayo Clinic did not return requests for comment by The Epoch Times about DeTrude’s case, Pisano’s case, or COVID-19 treatment protocols, in general. DeTrude said that eventually, her husband had become so weak, he couldn’t get out of the hospital bed. She felt that the hospital’s treatments weren’t working. She wanted to take him home. The hospital wouldn’t agree to discharge him and didn’t allow her to visit, she said. Dewey DeTrude’s wife hired an attorney to help her get her husband out of the intensive care unit at Mayo Clinic Florida, so he could be treated at home with ivermectin. DeTrude, shown here on Aug. 3, 2021, spent 46 days in the hospital. (Courtesy of the DeTrude Family) Days passed. Then, weeks. She says that she could tell from their phone calls that her husband was getting weaker. His 60th birthday came and went. And still, she says the hospital wouldn’t let her visit. “I was able to get a Catholic priest to come give him Last Rites, and the priest said that my husband’s mental state was like that of a prisoner of war, that he was definitely suffering trauma from the isolation from family, from his faith, from not seeing the sun. He’d lost 35 pounds,” she said. Part of the problem was that she wasn’t allowed to bring him vegan meals, she said. “A lot of the food, my husband wasn’t interested in. And when you’re on oxygen, it does affect your appetite, and he needed assistance eating, but they wouldn’t let me be that person,” she said. After 18 days, Christie DeTrude hired an attorney to help her push the hospital to stabilize her husband so she could take him home. Meanwhile, she searched for an outside doctor who could help. With that aim, she attended a medical freedom rally in Jacksonville in August, hoping to find something or someone who could advise her. Several doctors spoke about alternative treatments for COVID-19 that hospitals weren’t using, including ivermectin. The next day, she called them all. Only Dr. Balbona came to the phone to speak with her, she said. At Christie DeTrude’s request, Balbona promised the hospital that he’d take over her husband’s care. He ordered oxygen, medication, and home-health assistance for the family, she said. As she waited for Mayo doctors to agree to discharge him, Christie DeTrude prayed every day that her husband could hang on a little longer. After 46 days at Mayo Clinic, Dewey DeTrude finally was discharged and immediately started following Dr. Balbona’s instructions, taking ivermectin, fluvoxamine to prevent blood clots, and propranolol to treat anxiety and post-traumatic stress disorder from his hospital stay. He also took Vitamin C, Vitamin D, and zinc. He ate healthy food and spent time in the sunshine. Within days, it was clear her husband was on the mend, Christie DeTrude said. Now, four months later, “he’s working part-time, going to the gym,” she said. “He’s completed physical therapy and working on rebuilding his stamina and lung capacity. And if it weren’t for Dr. Balbona, I’m quite sure he would have died in the hospital.” Gene Bennett, a 77-year-old retired field engineer for IBM, tells a similar story. He was enjoying life in Bryceville, Florida helping his son clear five acres of land for a homesite when COVID-19 struck in January 2021. An ambulance transported him to Ascension St. Vincent’s Riverside Hospital in Jacksonville, where he was treated with remdesivir. “They had to keep getting my oxygen higher and higher,” Bennett said. “I was finally up to the point of seven liters per minute, which is almost pure oxygen. And I knew that I wasn’t getting better. I could tell I was getting weaker and weaker. So when the doctor made his rounds on the Monday morning, I said, ‘This is my last day of remdesivir treatment and I know that I’m not improving. What’s our next step?’ “He looked at me and very calmly said, ‘Mr. Bennett, we don’t have a next step.’ He said, ‘We have done all for you that we can do. There’s nothing else we can do for you.’” Gene Bennett insisted on leaving the hospital, instead of going on a ventilator. (Courtesy of Jane Bennett) Overnight, Bennett thought a lot about the conversation. The next day, he asked the doctor, “Are you serious? There’s nothing else that this hospital can do for me?” “He said, ‘No, sir. The next step is for you to go on a ventilator.’” “Well, I’m not going to do that,” Bennett recalls saying. “I want to be released from this hospital.” He quickly learned that was no longer a decision he could make for himself. Ascension St. Vincent’s Riverside Hospital did not respond to a request for comment. “They weren’t going to release me because I was on a high level of oxygen,” he told The Epoch Times. “So finally, after I raised hell with them, to put it mildly, all day, my son picked me up” that evening. The next morning, Bennett’s wife drove him to Dr. Balbona, his physician for many years. Balbona came out to the parking lot of his office to help him out of the car. “I could barely walk with a walker without assistance — that’s how bad off I was,” Bennett said. He says Balbona told him, ” You have the most severe case of COVID that I have seen. But I have a medicine I have been using and I’ve had great success with it.” Bennett needed no convincing. “What is it? I’ll take it,” Bennett recalls saying. “I know I’m dying. I just feel it.” “He told me and my wife, ‘Most people that have COVID as severe as you do not survive. We’re behind the curve, but we’re going to try to get you over the hump. The medicine I’d like to prescribe for you is normally a heartworm medicine for dogs—that’s the most common use.’ “He said, ‘They use it all over the world. It’s been around for 40 years, and it’s dirt cheap, but very effective.’ “He said, ‘I would never, ever give a patient a medicine that I thought would be harmful to them.’ And I totally believed, and just accepted the fact he was doing what he thinks was right. “I thought, I don’t have any options. I know if I don’t take something to stop this, it’s going to kill me.” They picked up a $30 supply of ivermectin from a drug store that day. Bennett was so weak, he could barely feed himself. His wife and son later told him that they thought he was going to die. But after five days on what Dr. Balbona prescribed, including Vitamin C, Vitamin D, zinc, steroids, and a diuretic to get fluid off his lungs, he started to improve. “I’m a firm believer and I’d swear on the Bible, had I not been prescribed ivermectin, I would have died. Had I not stepped out of St. Vincent’s and checked myself out and gone to him and got the ivermectin, I wouldn’t be talking to you today. It saved my life. And for how much money? Thirty dollars!” He has since read a lot of research about the efficacy of ivermectin in the treatment of COVID-19. Gene Bennett refused to go on a ventilator when he was seriously ill with COVID-19. After leaving the hospital, his doctor treated him with ivermectin. He made a full recovery.  (Courtesy of Jane Bennett) “I can’t tell you if it is 100 percent effective for everyone, but I can tell you it was for me. I personally cannot understand why the government balks at giving these treatments. Why don’t they make the announcement that it’s available and let it be an individual’s choice?” Ivermectin has been approved for the treatment of COVID-19 in all or part of 22 countries. Over the past year, Bennett’s gotten back to full health, almost, regaining about half of the 45 pounds he lost while he was ill. His wife’s brother died in early January of COVID-19. They begged the hospital to try ivermectin. The hospital declined. His daughter-in-law’s mother died of COVID-19, too, in a Jacksonville Beach hospital, after the family begged to try ivermectin, and the hospital refused, Bennett said. An FDA spokeswoman said she would provide the number of reports of patients who had problems after self-medicating with ivermectin. Three days later, that information had not been provided to The Epoch Times. The FDA Office of Media Affairs said a formal request under the Freedom of Information Act (FOIA) would be required to obtain details about when ivermectin might be approved for use in treating COVID-19, and about bonafide injuries to people who’ve used ivermectin to treat the illness. “The most effective ways to limit the spread of COVID-19 include getting a COVID-19 vaccine when it is available to you and following current CDC guidance,” the FDA’s website advises. The Epoch Times spoke to a dozen people who have used ivermectin formulated for humans to treat COVID-19 at home. Most obtained prescriptions for the drug through online medical services. None reported having any side effects, even those who admitted to using ivermectin formulated for animals. Tyler Durden Sun, 01/16/2022 - 20:30.....»»

Source:  nytCategory: personnel~Jan 16th, 2022Related News

Walmart Creates Its Own Cryptocurrency, NFTs, Enters Metaverse With Sales Of Virtual Goods

Walmart Creates Its Own Cryptocurrency, NFTs, Enters Metaverse With Sales Of Virtual Goods The last time Walmart was reportedly entering the crypto space, it turned out to be a giant Litecoin-promoting hack, that was quickly reversed, after it became clear that playful hackers had fabricated a press release. But there appears to be nothing fake about the latest news involving Walmart's desire to ride the latest wave of crypto/web 3.0/metaverse/NFT euphoria, and as a result the big box retailer is boldly venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. According to CNBC, Walmart filed several new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a virtual currency, as well as NFTs.  In total, seven separate applications have been submitted. The patent applications were among a flurry the company filed on Dec. 30, including three under “Walmart Connect” - the name of the company’s existing digital advertising venture - for a financial exchange for virtual currency and advertising. Applications also were filed for “Verse to Store,” “Verse to Curb” and “Verse to Home” for shopping services. It’s also seeking trademarks to apply the Walmart name and “fireworks” logo to heath-care services and education in virtual and augmented reality. “They’re super intense,” said Josh Gerben, a trademark attorney, quoted by CNBC. “There’s a lot of language in these, which shows that there’s a lot of planning going on behind the scenes about how they’re going to address cryptocurrency, how they’re going to address the metaverse and the virtual world that appears to be coming or that’s already here.” Gerben said that ever since Facebook announced it was changing its company name to Meta, signaling its ambitions beyond social media, businesses have been rushing to figure out how they will fit into a virtual world. The applications represent a significant step for the retail giant as it studies how to participate in the metaverse, a virtual world that blends aspects of digital technologies. Walmart dropped a hint to what was coming, after it advertised in August a position to develop “the digital currency strategy and product roadmap” while identifying “crypto-related investment and partnerships,” according to a job posting on the company’s website. “Walmart is continuously exploring how emerging technologies may shape future shopping experiences,” the company responded in an emailed statement. “We don’t have anything further to share today, but it’s worth noting we routinely file trademark applications as part of the innovation process.” Walmart’s cryptocurrency plans were the subject of a high-profile hoax in September, when a fake announcement caused a short-lived surge in Litecoin, a relatively obscure cryptocurrency. According to the faked news release, Walmart would start letting its customers pay with Litecoin. In October, the Bentonville, Arkansas-based retailer started a pilot program in which shoppers can buy Bitcoin at Coinstar kiosks in some of its U.S. stores. The test with Coinstar, which is known for the machines that let customers exchange U.S. coins for paper bills or gift cards, includes 200 kiosks in Walmart stores. In early December, Walmart Chief Financial Officer Brett Biggs said at an analyst conference that the company was open to allowing shoppers to pay in cryptocurrency if customers demand it, but the company didn’t see a need to rush out any capabilities. Walmart is the latest brand to jump on the bandwagon of selling virtual goods and/or NFTs. In November, Nike filed a slew of trademark applications that previewed its plans to sell virtual branded sneakers and apparel. Later that month, it said it was teaming up with Roblox to create an online world called Nikeland. In December, it bought the virtual sneaker company RTFKT (pronounced “artifact”) for an undisclosed amount. “All of a sudden, everyone is like, ‘This is becoming super real and we need to make sure our IP is protected in the space,’” said Gerben. Others are also piling in: Gap has started selling NFTs of its iconic logo sweatshirts. The apparel maker said its NFTs will be priced in tiers ranging from roughly $8.30 to $415, and come with a physical hoodie. Meantime, both Under Armour’s and Adidas’ NFT debuts sold out last month. They’re now fetching sky-high prices on the NFT marketplace OpenSea. Gerben said that apparel retailers Urban Outfitters, Ralph Lauren and Abercrombie & Fitch have also filed trademarks in recent weeks detailing their intent to open some sort of virtual store. A report from CB Insights outlined some of the reasons why retailers and brands might want to make such ventures, which can potentially offer new revenue streams. Launching NFTs allows for businesses to tokenize physical products and services to help reduce online transaction costs, it said. And for luxury brands like Gucci and Louis Vuitton, NFTs can serve as a form of authentication for tangible and more expensive goods, CB Insights noted. As the following chart from JPM shows, the NFT space has been red hot in the past year, and the market cap of the NFT universe has never been higher even though crytpocurrencies have tumbled by more than 40% in the past 2 months as institutions dumped the best performing assets of 2021 ahead of widely telegraphed Fed tightening. Launching NFTs allows for businesses to tokenize physical products and services to help reduce online transaction costs, it said. And for luxury brands like Gucci and Louis Vuitton, NFTs can serve as a form of authentication for tangible and more expensive goods, CB Insights noted. Gerben said that as more consumers familiarize themselves with the metaverse and items stored on the blockchain, more retailers will want to create their own ecosystem around it. And after all, while it is the view of the World Economic Forum that after the Great Reset "you will own nothing, and you will be happy", nobody said that one can't own virtual goods in the coming dystopian future. Quoted by CNBC, Frank Chaparro, director at crypto information services firm The Block, said that many retailers are still reeling from being late to e-commerce, so they don’t want to miss out on any opportunities in the metaverse. “I think it’s a win-win for any company in retail,” Chaparro said. “And even if it just turns out to be a fad there’s not a lot of reputation damage in just trying something weird out like giving some customers an NFT in a sweepstake, for instance.” Tyler Durden Sun, 01/16/2022 - 21:00.....»»

Source:  nytCategory: personnel~Jan 16th, 2022Related News

China Unexpectedly Cuts Key Rate, Adds Liquidity As Economic Growth Slowed, Retail Sales Slump

China Unexpectedly Cuts Key Rate, Adds Liquidity As Economic Growth Slowed, Retail Sales Slump A busy night started with weakness in US equity futures (Nasdaq down 0.5%) and an unexpected cut in a key China policy rate and a modest addition of liquidity. This was then followed by a mixed bag of China macro with a GDP beat (but slowing growth) but ugly retail sales disappointment. All of which sent the Yuan lower... As Bloomberg reports, China lowered a key interest rate for the first time since the peak of the pandemic in 2020 as a property-market slump and repeated virus outbreaks dampened the nation’s growth outlook. The People’s Bank of China cut the rate on its one-year policy loans by 10 basis points to 2.85%. That’s the first reduction since April 2020. It also slashed the rate on the seven-day reverse repurchase agreements by the same magnitude to 2.1%. The central bank made the move while offering 700 billion yuan ($110 billion) via the medium-term lending facility, exceeding the 500 billion yuan coming due. It added 100 billion yuan with seven-day reverse repos. “The PBOC has accelerated its pace of policy easing in order to guide borrowing costs lower and to encourage credit supply,” said Yewei Yang, an analyst at Guosheng Securities Co. “The move suggests China’s economic is weak and it will trigger a significant slide in borrowing costs.” The cut to policy rates indicates the PBOC is taking easier stance to deal with economic downward pressures which were reflected somewhat in a mixed set of data from China that showed growth slowing (albeit better than expected) and retail sales notably disappointing. China 4Q GDP Grows 4% Y/Y; Est. 3.3%, but notably below Q3's +4.9% China Dec. Industrial Output Rises 4.3% Y/Y; Est. 3.7% China Jan.-Dec. Fixed Investment Rises 4.9% Y/Y; Est. 4.8% China Jan.-Dec. GDP Grows 8.1% Y/Y; Est. 8% China End-Dec. Survey Jobless Rate Rises to 5.1% vs 5.0% Prior China Dec. Retail Sales Rise 1.7% Y/Y; Est. 3.8% As is clear in the chart below, all of the key macro measures worsened... As Bloomberg's Enda Curran notes, the retail sales weakness looks broad based. There was a big decline in sales of household electronics and automobiles and also contraction for restaurant/catering, clothing, jewelry and furniture. Given the news through January regarding the virus outbreaks, one wonders if that can turn around materially in the near term. The annual new years holiday would be an obvious boost in other years, but less clear how it plays out this year. On a seasonally adjusted month/month basis, China’s retail sales rose in just four months last year. Even during 2020’s pandemic impacts, there were five months of such sales growth. On top of the big miss for retail sales, online shopping shows more worrying signs for the country’s weakening consumer demand. Online retail sales grew 14.1% in 2021, the slowest annual pace since 2014. Chang Shu and David Qu, economists at Bloomberg Economics, say the bigger-than-expected cut to the one-year MLF rate shows it’s serious about supporting the economy. We give the final words to Peiqian Liu, an economist at NatWest Markets: This is a decisive dovish tilt as the policymakers acknowledged the importance to stabilize short term growth. The rate cut may translate into a broad-based 10bps lower in 1Y and 5Y LPR on Thursday. In terms of our outlook for monetary policy in 2022, we think the PBOC will unlikely resort to “flood-style stimulus” of consecutive and aggressive rate cuts. Instead, we see room for moderate easing with another 20bps rate cut and 100bps RRR cut for the rest of this year. US equity futures extended their losses despite the MLF rate cut... One last thing of note, China’s stats folks say the country’s population was about 500,000 people more at year’s end than a year earlier (albeit a rounding error), but it signals that China hasn’t gotten to peak population just yet apparently. Tyler Durden Sun, 01/16/2022 - 21:28.....»»

Source:  nytCategory: personnel~Jan 16th, 2022Related News

The Wall Street Journal: Credit Suisse chairman steps down following board probe into his conduct

Credit Suisse Group AG Chairman António Horta-Osório is leaving the global bank following a board investigation into his travel and personal conduct, according to people familiar with the bank......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

Novak Djokovic loses out on big payday, shot at tennis history after deportation

Novak Djokovic will not be playing at the Australian Open this month after Australian judges ruled in favor of the government upholding the decision to cancel his visa and deport him from the country......»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

No vaccine? No cafe, according to new French virus law

France’s parliament approved a law Sunday that will exclude unvaccinated people from all restaurants, sports arenas and other venues.....»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

Baltimore TV anchor"s persistence lands him gig at "SportsCenter"

In the past decade, Max McGee went from a downward spiral to securing his dream job......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Stan Silverman: The downfall of Theranos shows "you can’t fake it until you make it"

Following the guilty verdict of Theranos founder Elizabeth Holmes, guest columnist Stan Silverman provides lessons for entrepreneur CEOs, investors and board members......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

100 East office tower in downtown Milwaukee to be sold to resolve foreclosure

The 35-story 100 East office tower in downtown Milwaukee will soon go on the market for sale under an agreement between its owner and lender to resolve an ongoing foreclosure lawsuit......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Local execs to share outlook on 2022 economy

The Business Review, in partnership with TD Bank, will reveal the results of a research survey of local executives about their outlook for the 2022 economy. An in-depth panel discussion featuring local executives will follow......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Pizza Guys eyeing Southern California markets for 2022 growth

Rancho Cordova-based Pizza Guys anticipates a big year in terms of expansion, as it expects to more than double the amount of new store openings this year as it saw in 2021......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

American Students Organize Classroom "Walk Outs" To Demand Return To Remote Learning

American Students Organize Classroom "Walk Outs" To Demand Return To Remote Learning.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Morgan Stanley: As The Fed"s Balance Sheet Runoff Begins, The Withdrawal Of Liquidity Will Have Profound Impacts

Morgan Stanley: As The Fed's Balance Sheet Runoff Begins, The Withdrawal Of Liquidity Will Have Profound Impacts By Vishwanath Tirupattur, head of Quantitative Research at Morgan Stanley The Devil Is in the Details The first two weeks of the year have reinforced the key message from our 2022 Strategy Outlook – the policy training wheels are indeed coming off, and fast! The hawkish shift in the minutes of the FOMC’s December meeting, reinforced by the rhetoric from a number of Fed officials, signals policy tightening through more hikes. They are coming sooner than expected, and the timeline between the first rate hike and the beginning of balance sheet runoff will be compressed. Our economists now expect the Fed to deliver four 25bp hikes this year, at its March, June, September,and December meetings, in addition to an August start for the balance sheet runoff announced last July. Market pricing already reflects this hawkish shift, with the March liftoff nearly fully priced in along with 3-4 hikes in the subsequent 12 months. Given the size of the Fed’s balance sheet (US$8.2trillion, consisting of US$5.6 trillion in Treasuries of varying maturities and US$2.6 trillion of agency MBS), the runoff has important market implications. However, quantifying its impact is far from straightforward. One could look to the balance sheet expansion in the post-GFC years with the view that if the buildup lowered interest rates, the runoff should have the opposite effect. A rule of thumb (with a lot of handwaving) suggests a 4-6bp change in the 10-year interest rate from a US$100 billion change in the balance sheet. However, we would argue that the market effects are unlikely to be symmetric and a simple sign reversal between the buildup and the runoff ignores the complexity of the modalities. We expect different impacts for Treasuries and agency MBS, given the different ways they were acquired during the buildup and the share of the Fed’s holdings in their respective markets. During the balance sheet buildup, Treasury securities were predominantly acquired through the US Treasury’s new issue process. The Fed consciously decided how much duration to take out of the market by picking securities with varying maturities. In contrast, we expect the balance sheet runoff to be implemented by allowing securities to mature without reinvestment. That means the impact on the yield curve depends on how the Treasury responds to its increased issuance needs as the Fed decreases its Treasury holdings. Our interest rate strategists estimate that US Treasury issuance needs will rise by ~US$850 billion by the end of 2023and ~US$1,300 billion by the end of 2024. If we assume that the Treasury follows the advice of the Treasury Borrowing Advisory Committee, the optimal targets for increased issuance would be at the 7-year and 10-year points of the yield curve. Consequently, our strategists now forecast 10-year rates to reach 2.30% by the end of 2022. The story with agency MBS is quite different. Agency MBS were purchased in the secondary market,and we expect their runoff to come through paydowns resulting from prepayments and amortizations of the underlying mortgages. Since the Fed has been a non-price-sensitive and programmatic buyer, the Fed's portfolio of agency MBS would have received faster-prepaying mortgages (cheapest-to-deliver, in mortgage parlance). In addition, Fed holdings constitute a much larger share of the outstanding agency MBS market than of the Treasury market, hence the runoff will have a greater negative impact on agency MBS. In 2021, the Fed bought US$575 billion of agency MBS versus net issuance of US$875 billion, resulting in US$300 billion of MBS that the market absorbed. Our agency MBS strategists project that in 2022 the runoff will remove US$15 billion from the Fed’s balance sheet against projected net issuance of US$550 billion, implying that the market needs to absorb US$565 billion in mortgages, the largest amount of mortgages the private market would ever digest. What’s more, the market will have to find a more price-sensitive buyer for the cheapest-to-deliver mortgages. Putting it all together, the balance sheet runoff clearly will have more impact on agency MBS than other asset classes. Of course, the markets have already begun to price in some of these effects,as mortgage spreads have widened about 20bp in the last two weeks. Still, our agency MBS strategists have advocated being short the mortgage basis for some time,and they think there is still room for modest widening (~10bp) in the mortgage basis from here, with mortgage rates rising towards 4%. Do not underestimate the effects of liquidity withdrawal. The mammoth balance sheet the Fed has built up was a key determinant of liquidity across markets. As balance sheet runoff is put into motion, the withdrawal of liquidity will have profound impacts. Determining how it plays out is far from straightforward and will be determined by a variety of factors. Understanding the details matters. So hold on tight – there’s volatility ahead. Tyler Durden Sun, 01/16/2022 - 19:30.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Key Words: Build Back Better may be ‘dead,’ but Sen. Tim Kaine expects core provisions to pass

Sen. Tim Kaine, D-Va., appearing Sunday on CBS News' "Face the Nation," said he's optimistic that the Senate will ultimately pass key provisions, which will address inflation concerns......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

Double dealing: Legal, illicit blur in California pot market

Industry insiders say the practice of selling cannabis in the legal and illicit markets is all too commonplace in California.....»»

Source:  foxnewsCategory: market~Jan 16th, 2022Related News

India’s Inward Turn Could Stymie Its Rise

Modi is hoping the country’s consumers will constitute a big enough market to power the economy. That could be a major miscalculation......»»

Source:  washpostCategory: top~Jan 16th, 2022Related News

Is Masking Kids At School Working?

Is Masking Kids At School Working? Authored by Ian Miller and Michael Betrus via The Brownstone Institute, Kids in California, New York, Illinois and a number of other states are required to wear face masks every day at school. Nearly 40% of school children nationwide are required to do so. Other states leave it up to local rules, which means about half the kids in the country are wearing face masks every day, social distancing, eating lunch outside, and performing athletics in masks.  Close to 30% of all schools are legally prevented from implementing mandates, or face pending legal challenges to restrictions, which means few in those states are imposing restrictions like we saw in 2020-2021. Below are those states with and without face mask requirements in schools. There are two things that would almost assuredly amaze most parents across the country. Many parents in states like California or Illinois with mask mandates would likely be shocked how normal school protocols are in Texas, Florida, Utah, Iowa and other states shown in dark green or orange. Those with school-aged children in the green states would be stunned to learn that those in blue are requiring kids to wear face masks in school, socially distance, and eat outside in the cold or rain. Some universities are requiring students to wear masks while on campus, even outdoors, including the University of Southern California and the University of Arizona. COVID-19 is currently surging all over the country. Fortunately, a combination of a less lethal variant, recovered immunity and vaccinations are preventing many from the highly serious conditions we have seen in the past. You can see below that positive tests have skyrocketed over the past few weeks. Why so many people who aren’t sick are waiting in long lines and panicking to buy at-home tests is the subject for another article, but it’s clear that millions are currently contracting COVID-19: In looking at the grouping of the states (CA/OR/WA/IL/NY/DE/MA/CT/NJ/MD/NV/NM/VA/RI) with required masking in schools compared to those without mask mandates (UT/FL/AZ/TX/OK/MO/IA/AR/TN/SC), where very few students are wearing them, we see nearly identical trends, and those with little to no masking have lower current case rates:  The proportion of pediatric positive tests is similar in all parts of the country right now, about 20% of all positive tests across the three 0-17 age groups shown below. This is about the same regardless of weather (seasonality) or restrictions: It made us wonder. Are the school restrictions in some states working? It’s not about cases; cases are really a product of community spread and how much testing we do. It is about sickness. Are more kids getting hospitalized for or with COVID-19 in the states with normal school protocols than those requiring face masks? We reached out to Josh Stevenson (@ifihadastick on Twitter), who has repeatedly produced amazing data analysis throughout the pandemic. Below is what he uncovered. This is an original compilation you won’t see anywhere else. For the states requiring masks, COVID-19 pediatric hospitalizations are averaging 4.23 per 100,000 kids: For the states not allowing face mask mandates (or close to not requiring), COVID-19 pediatric hospitalizations are averaging 4.90 per 100,000 kids: The hospitalization rate is nearly identical. There is no discernible difference between outcomes of infection or hospitalization for kids in communities where face masks are required in school and those where face coverings are optional. Kids should be in school with normal protocols. They should be in class without masks, without plexiglass dividers, socializing while they eat lunch and participating in sports without face masks. Logic clearly tells us this, and this data overwhelmingly proves there is no health benefit to requiring kids to wear face masks in school. Tyler Durden Sun, 01/16/2022 - 17:30.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

Crypto Options Suggest Bitcoin Bottom Is In As Hash Rate Hits Record High

Crypto Options Suggest Bitcoin Bottom Is In As Hash Rate Hits Record High.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

Glenn Greenwald Exposes Deep State Effort To Stop Trump Pardoning Edward Snowden And Julian Assange

Glenn Greenwald Exposes Deep State Effort To Stop Trump Pardoning Edward Snowden And Julian Assange Authored by Adam Dick via The Ron Paul Institute for Peace & Prosperity, There was much speculation toward the end of Donald Trump’s term as president of the United States that Trump would pardon Edward Snowden, Julian Assange, or both of these men who were responsible for exposing vast amounts of wrongdoing by the US government. But, it did not come to pass. Why? Glenn Greenwald, who played a key role in helping Snowden expose information about the US government’s mass surveillance programs and who advocated in public and behind the scenes that Trump pardon both men, has some interesting thoughts about that. The reason Trump failed to issue a pardon for either Snowden or Assange centers on the deep state trying to protect itself by placing Trump in jeopardy, suggested Greenwald last week in an episode of his System Update show. In a written introduction for the episode, Greenwald notes that Trump, while president, had both “raised the possibility that he might pardon Snowden” and was “actively considering a pardon for Assange.” Greenwald, in the introduction, zeros in on a recent interview of Trump by Candace Owens. In the interview, Trump stated he came “very close” to pardoning one of them but did not ultimately do so. Why? Trump said the reason was because Trump “was too nice” to issue the pardon. Greenwald isn’t buying that explanation. He writes: The question that obviously emerges from that answer: too nice to whom? To the U.S. security services — the CIA, NSA and FBI — which had spent four years doing everything possible to sabotage and undermine Trump and his presidency with their concoction of Russiagate and other leaks of false accusations to their corporate media allies? Too nice to the war-mongering servants of the military-industrial complex in the establishment wings of both parties who were the allies of those security services in attempting to derail Trump's America First foreign policy agenda? Too nice to John Brennan, James Clapper and Susan Rice, the Obama-era security officials most eager to see both Assange and Snowden rot in prison for life because they exposed Obama's spying crimes and the Democrats’ corruption in 2016? Trump's “I'm too nice” explanation is, shall we say, less than persuasive. In the System Update episode, Greenwald further explains that Trump’s enmity toward these deep state forces that helped lead Greenwald and many other individuals to think that Trump may issue the pardons: Now the argument for why President Trump not only should have pardoned Julian Assange and Edward Snowden, but why some of us believed there was a chance that he could didn't rely on the benevolence of President Trump. It relied on the fact that he knew better than anybody how deceitful and abusive and dangerous these agencies are. The agencies that were exposed by Snowden and Assange and the ones that were demanding that they be imprisoned forever. He knew, as well as anybody, the treachery and the illegal interference in our domestic politics because he was one of their targets. Yet, the pardons did not materialize. Why? Greenwald states that Greenwald “knew that Trump wanted to pardon Edward Snowden and had strongly considered pardoning Julian Assange.” But, continues Greenwald, Trump “got scared into pardoning neither of them for reasons I'm about to explain to you.” Greenwald then argues that ultimately Trump gave in to deep state pressure applied through Republican Senators’ threat to convict Trump on the impeachment brought against him in his final weeks in office. Says Greenwald: They were making very clear to him explicitly clear Republican senators like Lindsey Graham and Marco Rubio and Mitch McConnell that if you do any of those things that you are considering doing, pardoning Assange and Snowden, declassifying JFK files, declassifying other secrets that should have been declassified long ago because they're from decades old treachery on the part of the US government, we will vote to impeach you. They had this leverage the sword of Damocles hanging over his head…. “This is the story of why the deep state yet again got its way,” concludes Greenwald in his System Update episode, “even with a person in the White House who knows firsthand just how evil and destructive and toxic they are.” Watch the System Update episode, and read the introduction and transcript, here. Tyler Durden Sun, 01/16/2022 - 18:30.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

Wall Street Fund Managers Tracking Retail Traders On Social Media And Message Boards

The behavior of retail traders is becoming a key focus of Wall Street fund managers, as the smart money is now tracking social-media posts to determine the sentiment of the crowd. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

The U.S. government is boycotting the Beijing Olympics over human rights. Coke and Airbnb are still on board.

For two years, campaigners representing the people of Hong Kong, Tibet and China’s Xinjiang region have been pushing U.S. and Western companies to drop their sponsorships of the Games, which start Feb. 4. None have......»»

Source:  washpostCategory: top~Jan 16th, 2022Related News

The Creators: Twin brothers eye expansion, multimillion-dollar goal for Main Line pasta sauce brand

With a focus on Greater Philadelphia small businesses and entrepreneurs, "The Creators" is a weekly feature presented by PHL Inno. Check back each Monday for a new profile on a local business. Have a story you think we should know about? Email associate editor Lisa Dukart at ldukart@bizjournals.com. For Bill and John Vesper, there were a lot of roadblocks on their way to launching a successful pasta sauce business. There were so many – from their limited handmade production capacity to the co-packer….....»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Sen. Mitt Romney says Biden was elected "to stop the crazy" and argues that voters weren"t asking him "to transform America"

"Things are not going well," Romney said of Biden's tenure. "And the president needs to stop and reset and say what is it he's trying to accomplish?" Sen. Mitt Romney of Utah.Anna Moneymaker/Getty Images Sen. Mitt Romney on Sunday said that President Joe Biden was not elected to "transform America." Romney said that people who backed Biden "were looking to get back to normal" and "stop the crazy." The senator said that Biden's latest voting-rights speech was not helpful in forging bipartisanship. Sen. Mitt Romney on Sunday dinged President Joe Biden's governing approach, arguing that the veteran Democratic lawmaker was elected to restore a sense of normalcy to government and was not put into office to "transform" the country.During an interview on NBC's "Meet the Press," the Utah Republican — who was also the party's presidential nominee in 2012 — told host Chuck Todd that Biden has needed to adhere to his commitment to bridge partisan divisions in the country in the wake of the president's fiery voting-rights speech in Atlanta last week."President Biden said he was going to try to unite the country," the senator said. "His comments in Georgia did not suggest he's trying to pull us back together again."He continued: "He's got to recognize that when he was elected, people were not looking for him to transform America. They were looking to get back to normal. To stop the crazy. And it seems like we're continuing to see the kinds of policy and promotions that are not accepted by the American people."Romney's comments mirrored the sentiment of moderate Democratic Rep. Abigail Spanberger of Virginia, who said last November that voters didn't elect Biden to become the next Franklin D. Roosevelt in pushing for changes in government but to move away from the tumult of the administration of former President Donald Trump.For months, Democrats have sought to enact key voting-rights legislation — namely the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act — in the face of the GOP blocking the bills in the Senate, along with opposition to a filibuster carve-out from Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona.In the evenly-divided Senate, Biden's most ambitious policy items — including the roughly $2 trillion Build Back Better social-spending bill that invests in health care, early education, and climate change — have faced a tough road to passage.Romney, who worked with Biden to pass the $1.2 trillion bipartisan infrastructure bill that was signed into law last November, said that the president should push for a "reset" regarding his presidency, arguing that the Democrat has had "a bad year."The senator pointed to concerns surrounding inflation, the rise in illegal crossings at the US-Mexico border last year, the US withdrawal from Afghanistan, and logistical issues with Americans accessing COVID-19 testing kits as the Omicron variant spreads throughout the country. "Things are not going well," Romney said. "And the president needs to stop and reset and say what is it he's trying to accomplish?"He continued: "And if it's to try and transform America, he is not going to unite us. Bringing us together means finding a way to work on a bipartisan basis. He had one success, the infrastructure bill, and that was done by Republicans and Democrats in the Senate working together. Build on that kind of success."Read the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Firm tied to Tory Burch co-founder and Bryn Mawr native flips Miami mansion for $5.5M gain in 10 months

A firm led by J. Christopher Burch, a Bryn Mawr native and co-founder of the Tory Burch fashion label, flipped a waterfront mansion on the Venetian Islands in Miami for $11.5 million. King of Prussia, Pennsylvania-based 9 Kings Capital LLC, managed by Burch, sold the 5,114-square-foot home at 1335 N. Venetian Way to the Venetian Personal Trust with BNY Mellon Trust as trustee. It’s not clear who owns the trust. Fabio Lopes and Felise Eber of Jills Zeder Group of Coldwell Banker listed the home,….....»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Startup to Watch: Entexs Corp.

As part of our Sacramento Inno coverage, the Business Journal for the first time compiled a list of Startups to Watch in the new year. These startups are poised to make big moves, either in growth, funding, technology or development. We're highlighting 13 startups, generally with fewer than 100 employees, about 5 years old or less and that have raised less than $50 million. The group includes a diverse mix of companies throughout the region. Startup to Watch: Entexs Corp. The rise of cannabis….....»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

The Next Metaverse Stock Could Be...Walmart?

A new report indicates one of the world’s largest retailers is pushing into the metaverse, which would likely support a future multitrillion dollar opportunity for the emerging sector. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Microsoft Warns Ukrainian Government Computer Systems Infected; Security Official Suspects Russian Intelligence

Microsoft says Ukrainian government computer systems are infected with destructive malware disguised as ransomware. The software giant says it is possible more organizations have been infected, and the U.S. government has also been notified. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Disney Fans Wait 7 Hours To Buy Figment Popcorn Buckets; Now Selling For $200 On eBay

Walt Disney Co (NYSE: DIS) fans, on Friday, waited over seven hours to buy the Figment popcorn bucket on the first day of the EPCOT International Festival of the Arts read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

KFC, Burger King And McDonald"s Offering More Vegan Options As Demand Rises

More and more people are now opting for plant-based foods. With the soaring demand, fast-food chains like Yum Brands! read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

The Week Ahead In Biotech (Jan 16-22): Focus On Data Presentations And IPOs In Holiday-Shortened Week

Biotech stocks posted losses for the third straight week, as the sector reacted to broader market weakness and announcements out of the 2022 JPMorgan Healthcare conference. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

P&G"s soaring stock led to $138 million payday for top execs in 2021

Consumer goods giant Procter & Gamble's share price soared to record heights in 2021, leading to a large payday for the company's top executives......»»

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See inside this California oceanfront mansion that"s on the market for $160 million and has 10 beds and 21 bathrooms

The 22-acre mansion, The Sanctuary at Loon Point, is on the market for $160 million, boasting two estates and room for three more. Take a look inside. Jim Bartsch/The Agency A 22-acre oceanfront mansion on the California coast is on the market for $160 million. The Sanctuary at Loon Point, is a 14,189-square-foot property has 10 beds and 21 bathrooms. The mansion is one of the most expensive home listings in California history. Here's a look inside. A 14,189-square-foot megamansion on the California coast is on the market for $160 million.Jim Bartsch/The AgencyKnown as The Sanctuary at Loon Point, the property covers 22 oceanfront acres and 2,129 feet of coastal bluff.Jim Bartsch/The AgencyIt's located in the central California beachside community of Carpinteria, just a few miles south of Santa Barbara.Jim Bartsch/The AgencyThe property has five parcels, including two custom estates.Macduff Everton/The AgencyOne of the estates is called Ocean View, as seen here.Jim Bartsch/The AgencyHere's Ocean View's great room, which has an exposed wood beam ceiling...Jim Bartsch/The Agency...just like the kitchen.Jim Bartsch/The AgencyOcean View also has a gallery hallway.Jim Bartsch/The AgencyGuests will have a beautiful view outside the orange-accented guest bedroom.Jim Bartsch/The AgencyThey can take a dip in the estate's pool, which has more ocean views...Jim Bartsch/The Agency...or take in the scenery from the upper terrace.Jim Bartsch/The AgencyThe other custom estate at the Sanctuary is called Bellevue, pictured here.Jim Bartsch/The AgencyHere's the Bellevue from another angle.Jim Bartsch/The AgencyIt has plenty of greenery in the courtyard.Jim Bartsch/The AgencyInside, Bellevue's great room has a more modern feel than the one in Ocean View.Jim Bartsch/The AgencyBellevue also has its own library...Jim Bartsch/The Agency...which also opens out onto stunning views.Macduff Everton/The AgencyHere's one of the bedrooms inside Bellevue.Jim Bartsch/The AgencyOutside, Bellevue has its own pool...Jim Bartsch/The Agency...which is surrounded by plenty of trees.Jim Bartsch/The AgencyThere's also a rose garden outside...Jim Bartsch/The Agency...as well as an outdoor terrace...Jim Bartsch/The Agency...and seating for outdoor dining overlooking the ocean.Macduff Everton/The AgencyThe Sanctuary's five parcels are all connected by a private, gated road.Jim Bartsch/The AgencyMeanwhile, residents have private access to the beach below via the so-called Barranca Path.Blake Bronstad/The AgencyThe Sanctuary also has a small pond on the property.Jim Bartsch/The AgencyHere's a closer look at it.Jim Bartsch/The AgencyThe Sanctuary's current owner spent 14 years developing and building the property.Jim Bartsch/The AgencyThe owner is retired hedge fund manager Bruce Kovner, according to The Wall Street Journal.In total, the property boasts 10 bedrooms and 21 bathrooms.Jim Bartsch/The AgencyBesides the Bellevue's pool, other amenities include a spa and five fireplaces.Macduff Everton/The AgencyBesides Ocean View and Bellevue, the Sanctuary's three remaining parcels could be used to build more homes on the property.Jim Bartsch/The AgencyIf the Sanctuary sells for $160 million, it would mark one of the priciest home sales ever completed in California.Jim Bartsch/The AgencyA close competitor is a Los Angeles mansion dubbed The One, which listed earlier this month at a whopping $295 million.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

A Florida Republican who was defeated by 59 percentage points in a congressional special election won"t concede

With all precincts reporting, Sheila Cherfilus-McCormick defeated Jason Mariner by a 78.7% to 19.6% margin — a massive 59.1 percentage-point victory. Campaign signs are seen outside the Sunset Lakes Community Center in Miramar, Fla., on January 11, 2022.AP Photo/Rebecca Blackwell Republican Jason Mariner has not conceded in Florida's 20th District special election House race. Sheila Cherfilus-McCormick, a progressive Democrat, beat Mariner in a 79%-20% landslide. Mariner filed a lawsuit before the election had been called, only telling CBS Miami that "stuff" had been "discovered." A Florida Republican who last Tuesday lost a congressional special election by a landslide margin in a heavily Democratic district has declined to concede the race, according to CBS Miami.Sheila Cherfilus-McCormick — a progressive Democrat who pledged to fight for $1,000 monthly checks for Americans and backs policies including the Green New Deal and Medicare for All — easily defeated Republican Jason Mariner in a race to succeed the late Congressman Alcee Hastings, who passed away in April 2021.With all precincts reporting, Cherfilus-McCormick defeated Mariner by a 78.7% to 19.6% margin in Florida's 20th District — representing a 59.1 percentage-point victory. The congresswoman received 43,663 votes to her opponent's 10,883 votes in a clear victory.However, in a move reminiscent of former President Donald Trump, who continues to dispute his election loss to President Joe Biden, Mariner has pointed to irregularities in the South Florida district."Now they called the race — I did not win, so they say, but that does not mean that they lost either, it does not mean that we lost," the Republican told CBS after the race was called for Cherfilus-McCormick.Before the polls closed for the special election, Mariner filed a lawsuit pointing to ballot issues in Broward and Palm Beach counties, the two populous Democratic-leaning jurisdictions that anchor the district."We'll also have some stuff coming out that we've recently discovered," Mariner told the television station, without disclosing any developments that could affect the outcome.Cherfilus-McCormick — who eked by former Democratic primary contender Dale Holness by five votes in a multicandidate Democratic primary in November — brushed off Mariner's move."Well, this wouldn't be my first time running against an opponent who is refusing to concede, so it's not our first time, and at the end of the day nothing can stop the motion," she told CBS.Holness, a former Broward County Commissioner, filed a lawsuit in November to invalidate the Democratic primary results, alleging that Cherfilus-McCormick's advocacy for a universal basic income plan was tantamount to bribing voters.Election officials in Broward and Palm Beach counties told CBS that the election results would be certified in 14 days — with challenges permitted for 10 days after that point.While candidates who are unsuccessful in their races aren't legally bound to formally concede, Trump's continued refusal to acknowledge his loss to Biden despite a clear 306-232 Electoral College victory for the president has morphed into a major point of contention for partisans, from the grassroots level to the halls of Congress.In the wake of Trump's 2020 presidential loss, Republicans across the country have raced to implement voting restrictions, fueled by the former president's debunked claims of voter fraud.Congressional Democrats have sought to nullify many of the provisions of Republican-led bills with the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act — but have been stymied by resistance to filibuster reform from Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, along with near-unanimous GOP opposition to the bills.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Long COVID may be causing 1.6 million Americans to miss work amid the labor shortage

Workers suffering from long COVID could account for 15% of the US labor market's unfilled jobs, according to the Brookings Institute. A COVID-19 patient recovers at home in Brooklyn, New York on November 21, 2020.Andrew Lichtenstein/Corbis/Getty Images One in seven working-age Americans may experience lingering COVID-19 symptoms.  That means 1.6 million COVID "long-haulers" could be missing from the US workforce.  A new report from the Brookings Institute explores the economic impact of the condition.  An estimated 1.6 million Americans could be missing from the workforce due to long COVID, according to a new report from the Brookings Institute. COVID-19 long haulers can experience debilitating symptoms for weeks, months, or even years after infection with the coronavirus. Early research indicates that 10 to 30 percent of coronavirus patients develop long COVID, but the economic impact is still uncertain. One in seven working-age Americans may have experienced, or be experiencing, lingering COVID-19 symptoms, according to CDC data. Two studies measuring the effects of long COVID on workers found that 23% and 28% of patients surveyed had stopped working due to the condition. That means over one million Americans could have been out of work at once due to long COVID. The additional five million missing jobs calculated in the Brookings Institute report account for workers who may reduce their hours but not stop working completely. Those calculations rely on a number of assumptions due to the lack of data surrounding long COVID, the author points out. "Until we have data from a representative sample that accurately capture the extent of the impacts to the labor force, economists and policymakers are likely not going to consider long Covid an economic issue or recognize it for the mass disabling event it is," Lisa McCorkell, co-founder of the long-Covid-focused Patient-Led Research Collaborative, told the think-tank. Those self reporting symptoms of long COVID say they are working longer hours than before and in general have higher levels of anxiety, Insider previously reported. Their mental health is also generally worse (40% compared to 30%). The majority, 65%, said that they felt more stressed and anxious as a result of their long term condition — compared to 59% for those without chronic symptoms. Some feel like they don't have anyone to talk to about their symptoms, according to the latest Opinions and Lifestyle Survey from the Office of National Statistics (ONS). Has long COVID impacted your ability to work? Email this reporter at htowey@insider.comRead the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

"Scream 5" finally unseats "Spider-Man: No Way Home" at the North American box-office

After a month at no. 1, “Spider-Man: No Way Home” has finally been overtaken at the box office. Paramount Pictures' “Scream” reboot debuted with $30.6 million in ticket sales over the weekend, according to studio estimates Sunday......»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

Dolly Parton ice cream returns ahead of her novel and companion album

Dolly Parton and Jeni's Splendid Ice Creams have partnered once more to bring the singer’s limited-edition ice cream flavor back just in time for the country singer’s upcoming novel, “Run, Rose, Run.”.....»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

Thousands of US flights canceled, thousands more delayed as winter storm wallops southeast

A dangerous winter storm slammed broad the southeast U.S. over the weekend, canceling and delaying thousands of flights......»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

"We Are Going To Take Back America": Trump Holds First Rally Of 2022 In Arizona

"We Are Going To Take Back America": Trump Holds First Rally Of 2022 In Arizona Authored by Mimi Nguyen Ly via The Epoch Times, Former President Donald Trump painted a positive future for Republicans late Saturday at his first rally of 2022, held in Arizona. “A great red wave is going to begin here in Arizona and is going to sweep across this country and it’s going to wash hundreds and thousands of Democrat socialists out of office with an unstoppable surge of Republican patriots, and they’re going to be doing it, you’re going to be heading to the polls,” Trump said at the Canyon Moon Ranch festival grounds, in Florence, a Republican stronghold about 70 miles southeast of Phoenix. “This is the year we are going to take back the House, we are going to take back the Senate, and we are going to take back America. This is so important,” he told the crowd that responded in loud cheers. “This is maybe the most important election we’ve ever had. I do believe that 2024 will be even more important … In 2024, we are going to take back the White House!” he added. Former President Donald Trump speaks during a rally at the Canyon Moon Ranch festival grounds in Florence, Arizona, on Jan. 15, 2022. (Robyn Beck/AFP via Getty Images) Thousands of supporters gathered at Trump’s rally, his second in Arizona since he left office. The former president described the crowd as a “sea of people” that stretched “as far as the eyes can see,” and urged media members present to turn their cameras around. Trump used the crowd size to question the results of the 2020 election. “I ran twice, and we won twice, and we did better the second time … This crowd is a massive symbol of what took place because the people are hungry for the truth, they want their country back,” the former president asserted. Former President Donald Trump speaks at a rally at the Canyon Moon Ranch festival grounds in Florence, Arizona, on Jan. 15, 2022. (Mario Tama/Getty Images) “A person that comes here and has crowds that go further than any eye can see … and has cars that stretch out for 25 miles—that’s not somebody that lost an election,” he later said. “And now because of it, our country is being destroyed.” Trump deplored the current state of the nation but expressed hope the situation will change, outlining agendas that include to eliminate COVID-19 mandates, investigate the events of Jan. 6, 2021, and combat illegal immigration. During his speech, Trump endorsed Kari Lake for Arizona governor while calling incumbent Gov. Doug Ducey, a Republican, a “terrible representative” of the state. Lake, a former journalist, promised to eliminate mandates if she becomes governor. She also promised she would help to ensure election integrity and address illegal immigration, including to finish building the border wall. Former President Donald Trump and Kari Lake, whom Trump is supporting in the Arizona’s gubernatorial race, speak during a rally at the Canyon Moon Ranch festival grounds in Florence, Arizona, on Jan. 15, 2022. (Robyn Beck/AFP via Getty Images) COVID-19 Mandates The former president lobbied heavy criticism against the Biden administration’s mandates, which he said are “absolutely decimating our economy.” Trump urged Americans to “tell Joe Biden the Americans’ health choices are none of his business, we can make our own choices.” “With these decisions they’re making, they’re wrecking and devastating people’s lives; firing Americans from their jobs, forcing innocent children to grow up in masks, closing their schools—destroying education, crushing their development, demolishing their futures—[and] locking people in their homes,” Trump said. “They’re truly hurting the American people … they’ve taken away their dignity, they’ve taken away their liberties. And I say enough is enough and we are not going to take it anymore.” “This is the moment the Americans must take their lives and their future back,” he added. “We have to do it. We have to be strong. It’s time for the radical Democrats to leave our families alone, leave our elderly alone, leave our children alone with their strong immune system.” Supporters gather at a rally by former President Donald Trump at the Canyon Moon Ranch festival grounds in Florence, Arizona, on Jan. 15, 2022. (Mario Tama/Getty Images) “Big Pharma is making a fortune. Democrats are putting corporate profits over the rights of the American people. These corrupt, power-hungry lunatics need to hear us loud and clear—we are done having our lives controlled by politicians and Washington bureaucrats. We’re done with the mandates, including the mandates for frontline health care workers.” Trump said he had “fiercely resisted mandates, and always will.” Jan. 6 Probe The former president said that if Republicans regain control of congress, they will start an investigation into the events of Jan. 6, 2021, the day when the U.S. Capitol was breached. “We will immediately begin our own investigations into what happened—what really happened, because this is being totally whitewashed,” Trump said, while denouncing the current Democrat-led House committee investigation of Jan. 6. “January 6 has become the Democrat Party’s excuse to justify an unprecedented assault on Americans’ civil rights and liberties,” Trump said. A supporter wears a large button reading “Fighting for President Trump, January 6 We’re Coming” on his hat as he attends the first rally of the year by former President Donald Trump at the Canyon Moon Ranch festival grounds in Florence, Arizona, on Jan. 15, 2022. (Robyn Beck/AFP via Getty Images) He criticized the treatment of people who have been detained in the Jan. 6 investigation. “Appalling persecution of political prisoners. What’s happening to those people in those jails … the blatant abuse of power to harass their political opponents is disgraceful, it’s never happened to this extent,” Trump said. “When it comes to January 6 defendants, most of whom were charged with non-violent offenses, partisan Democrats have celebrated their indefinite detention without trial,” he said. “These people are living in hell. Let them fight, let them see their lawyers, let them go out … These people are being persecuted.” Trump also denounced the shooting of Ashli Babbitt and the man who shot her. “Let’s see how he could do without the protections that he got,” Trump said. “It’s a disgrace the way he shot Ashli.” “The American people deserve answers,” he said. “The Jan. 6 rally was a protest against a crooked election carried out by unhinged Democrats, Big Tech, working with the fake news media, all working together to defeat Republicans, and your favorite president—me.” Illegal Immigration Trump said that one of Republicans’ top priorities if they regain control of Congress will be to “stop the illegal flood of aliens across our southern border,” which includes human trafficking. Trump said Republicans plan to increase the number of ICE and Border Patrol officers to detain and deport illegal aliens. “We should also pass a law that says that sanctuary city officials who knowingly release criminals will be charged as accessories in any future crimes.” The border situation changed from “best” to “worst” in the span of one year, he said. “Over 2 million illegal aliens have trespassed across our borders—but that’s also a fake number given by the press and others,” Trump said, adding that he believes the number could be “10 times that amount.” “I think we’re talking about tens of millions of people are pouring into this country,” he suggested. “We see certain people and we sort of lock it down, well that’s the number, but it’s not. I think that it’s tens of millions of people, and these are not necessarily people we want in our country.” Trump noted a “record number” of undocumented migrant children arriving across the border. He accused Democrats of pushing “very cruel policies are pushing vulnerable youths into the arms of child smugglers, human traffickers, and very vicious criminal cartels.” “What the criminal cartels are doing to women and children—unbelievable. The trafficking is mostly in women, [and] what they’re doing to women is horrible. Yet despite all of this … the radical left are still hellbent on passing mass amnesty for illegal aliens,” Trump said. Tyler Durden Sun, 01/16/2022 - 12:30.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Utah"s Largest Newspaper Calls For Unvaxxed To Endure Draconian Lockdowns Enforced By National Guard

Utah's Largest Newspaper Calls For Unvaxxed To Endure Draconian Lockdowns Enforced By National Guard The editorial board of Utah's largest newspaper - the Salt Lake Tribune - which is controlled by the family of former Governor Jon Huntsman Jr., has called for the deployment of the National Guard "to ensure that people without proof of vaccination would not be allowed, well, anywhere." The draconian measure was suggested in a Saturday op-ed titled "Utah leaders have surrendered to COVID pandemic," suggesting that elected officials have failed to mandate the vaccine for all citizens, and that if Utah was a "civilized place" Governor Spencer Cox (R) would treat the unvaccinated (and no mention of the naturally immune) as lepers with severe lockdown mandates. "Were Utah a truly civilized place, the governor’s next move would be to find a way to mandate the kind of mass vaccination campaign we should have launched a year ago, going as far as to deploy the National Guard to ensure that people without proof of vaccination would not be allowed, well, anywhere," the editorial board writes. The board blames "Government officials, mostly but not exclusively Republicans, were apparently determined not to be caught governing in the face of this challenge," adding that "Any move or recommendation to mask up or, when safe and effective vaccines became available, to make vaccination a requirement of admission to public places and society in general was shouted down as an unwarranted imposition on individual freedoms." The Salt Lake City newspaper wants the Utah national guard to not allow unvaccinated people to leave their homes. This is mindless, anti-science insanity — omicron is infecting everyone — but these “journalists” are demanding totalitarianism. And they think they’re the good guys. pic.twitter.com/BYoskGNQ5R — Clay Travis (@ClayTravis) January 16, 2022 In response to the op-ed, Utah Lt. Gov. Deidre Henderson tweeted: "The truth is Omicron is out of control everywhere. Even in places with mask and vaccine mandates. We always push vaccines, but even vaccinated ppl [sic] are catching it. It’s easy to take shots from the cheap seats but this is the sort of nonsense that makes editorial boards irrelevant." (h/t Fox News) The truth is Omicron is out of control everywhere. Even in places with mask and vaccine mandates. We always push vaccines, but even vaccinated ppl are catching it. It’s easy to take shots from the cheap seats but this is the sort of nonsense that makes editorial boards irrelevant pic.twitter.com/Zladdqnulc — Deidre Henderson (@DeidreHenderson) January 15, 2022 All in the family... As Zero Hedge reader Paul W. notes, "Former Utah R Governor, Jon Hunstman, Jr. directly controls the Salt Lake Tribune through the Huntsman Family Investment vehicle. The SL Tribune is a non profit that is wholly owned and controlled by the Hustmans. "Jon's brother, Paul, is the Chair of the Editorial board at the Tribune," he continued, adding: "The Hunstmans are implicitly calling for violence against unvaxxed Americans." Former Orinn Hatch staffer, Utah senator Matt Whitlock summed it up: "Use the national guard to prevent unvaccinated from going anywhere?! That would be more draconian than any state in the country - how do they think things are going in Australia? The Trib editorial board is absolute garbage." Use the national guard to prevent unvaccinated from going anywhere?! That would be more draconian than any state in the country - how do they think things are going in Australia? The Trib editorial board is absolute garbage. — Matt Whitlock (@mattdizwhitlock) January 15, 2022 Tyler Durden Sun, 01/16/2022 - 13:07.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

The CIA Has Been Training Ukrainian Paramilitaries To "Kill Russians"

The CIA Has Been Training Ukrainian Paramilitaries To "Kill Russians".....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Flight Cancellations Soar As Brutal Winter Storm Slams Eastern US

Flight Cancellations Soar As Brutal Winter Storm Slams Eastern US Update (1335ET): As the eastern half of the United States braces for a winter storm on Sunday, flight cancellations are rising this afternoon, making travel a huge pain for flyers. According to data provided by FlightAware, there are 2,748 flights cancellations within, into, or out of the US. Delays within the US are increasing as well, up to 1,466. American Airlines canceled 22% of its flights or about 633. Southwest canceled about 9% flights or about 311. Delta canceled 10% flights or about 239.  FlightAware revealed most of the canceled flights originated at airports in the Southeast, Mid-Atlantic, and Northeast, such as Charlotte Douglas International Airport (95% of flights canceled totaling 618), Hartsfield-Jackson Atlanta International Airport (27% of flights canceled totaling 225), and Ronald Reagan Washington National Airport (37% of flights totaling 151).  The high number of cancellations is a multiprong issue. First, crew shortages showed no signs of easing three weeks after Christmas Eve. Second, a winter storm is battering the Southeast and heading up the coast late evening.  Flight cancellations and delays should only increase as the storm inches closer to the Baltimore–Washington metropolitan area. Much of the snowfall will be west of the Interstate 95 corridor.  * * * A massive winter storm could impact upwards of 100 million people across the Southeast, Mid-Atlantic, and Northeast during the latter part of the Martin Luther King Jr. holiday weekend.  National Weather Service (NWS) issued winter storm warnings for 19 states, with some areas over the Appalachians could experience a snowfall rate of 1-3 inches per hour.  "A major Winter Storm will impact the eastern U.S. on Sunday into Monday. The highest snowfall totals are expected along the spine of the Appalachians as well as across the lower Great Lakes. The most significant icing is expected over the Carolinas this morning. Significant impacts to travel across these regions are expected," NWS warned.  Winter storm warnings have been issued for these states: New York, Ohio, Vermont, Virginia, Kentucky, Maine, Massachusetts, Arkansas, New Jersey, Pennsylvania, Georgia, North Carolina, South Carolina, Tennessee, West Virginia, Maryland, Louisiana, Alabama, Mississippi and the District of Columbia. AccuWeather expects 6-12 inches of snow along the Appalachians and even into Ohio and western New York. There's a strong likelihood that snow accumulations of 3 feet could be seen at higher elevations in the Appalachians, Adirondacks, the Green and White mountains, and parts of southwestern New York near Lake Ontario.  Pittsburgh, Johnstown and Scranton, Pennsylvania; Buffalo, Binghamton, Albany and Syracuse, New York; Morgantown, West Virginia; Cleveland; Pittsfield, Massachusetts; Burlington, Vermont; and Caribou, Maine; all face accumulating snow through Monday. As for metro areas along the I-95 corridor, expect 1-3 inches of snow, with a mixture of ice and rain. The heaviest snowfalls will be in the interior Northeast. On Friday, weather models forecasted the heaviest snowfall would be west of the I-95 corridor -- so far, they're right.    Tyler Durden Sun, 01/16/2022 - 13:35.....»»

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Twitter Bans Ayatollah-Linked Account Over Animated Video Threatening Trump

Twitter Bans Ayatollah-Linked Account Over Animated Video Threatening Trump.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

"Waste Of Time" To Keep Vaccinating People: Ex-Head Of UK Vaccine Taskforce

"Waste Of Time" To Keep Vaccinating People: Ex-Head Of UK Vaccine Taskforce Authored by Alexander Zhang via The Epoch Times, It is a “waste of time” to keep vaccinating people against the CCP (Chinese Communist Party) virus, the former chairman of Britain’s Vaccines Taskforce has said. Dr. Clive Dix, who played a key role in helping pharmaceutical firms create the COVID-19 vaccines, told LBC radio on Jan. 16: “The Omicron variant is a relatively mild virus. And to just keep vaccinating people and thinking of doing it again to protect the population is, in my view, now a waste of time.” Dix said the focus now should be on protecting vulnerable people, such as those over 60, 2 percent of whom remain unvaccinated. “We should have a highly-focused approach to get those people vaccinated and anybody else who’s vulnerable,” he said. Though he supports the ongoing booster campaign, he said he has been “critical” of boosting everybody as he is not convinced “it was needed or is needed” for younger people. Dix said, “I think the thinking of the time was very much to stop infection and transmission where clearly these vaccines don’t do that.” He said the government needs to be “very focused” on educating itself for the “future vaccination programme” next winter. He suggested that an “immune status study” should be conducted to “understand exactly where everybody’s immunity is,” so that “by next winter, we can really have a policy of vaccination that’s educated, using the right vaccines at the right time for the right people.” Dix told The Observer newspaper last week that mass vaccination against COVID-19 should come to an end and the UK should focus on managing it as an endemic disease like flu. “We now need to manage disease, not virus spread,” he said. “So stopping progression to severe disease in vulnerable groups is the future objective.” The UK government’s medical advisers have already acknowledged that it is “untenable” to jab the population every three or six months. Sir Patrick Vallance, the UK’s chief scientific adviser, said on Jan. 3 that it is not the government’s “long-term view” to give everyone a booster vaccine every few months. Professor Andrew Pollard, director of the Oxford Vaccine Group and chair of the government’s Joint Committee on Vaccination and Immunisation (JCVI), told The Telegraph that it’s “not sustainable or affordable” to “vaccinate the planet every four to six months.” On Jan. 7, the UK government’s vaccination advisory committee recommended against giving a fourth dose of COVID-19 vaccine to nursing home residents and people over 80. The JCVI said the three doses of the vaccines are still providing “very good protection against severe disease,” and an immediate second booster dose to the most vulnerable would “provide only limited additional benefit against severe disease at this time.” Tyler Durden Sun, 01/16/2022 - 14:32.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Fully Vaccinated Canadian Soccer Star Alphonso Davies Sidelined With Myocarditis

Fully Vaccinated Canadian Soccer Star Alphonso Davies Sidelined With Myocarditis Another day, another story about a soccer player being sidelined due to sudden-onset heart-related illness.  Continuing a disturbing trend of professional soccer players being pulled from games, Canadian star Alphonso Davies, who plays for Bayern Munich, is showing signs of an "inflammation of the heart muscle," according to CP24.  He is only 21 years old. Davies has been ruled out of Canada's three World Cup qualifiers set to take place in Janaury and February. His club manager, Julian Nagelsmann, has said that the problem was caught during a follow up COVID examination. “He'll sit out training until further notice. He won't be available, also in the coming weeks. The ultrasound shows this myocarditis isn't so dramatic but it's a sign of myocarditis. Still, it has to heal and that will definitely take some time,” the skipper commented. He didn't attribute the inflammation to Covid right away, stating: “There are different reasons, especially viral load or the flu, for instance, that can cause cardiac problems." "That occurred pre-corona to other players. Now the probability is higher if you combine corona and top athleticism, that might cause other problems. But that's not relevant for us right now. It's not relevant to the treatment. It doesn't matter if Alphonso Davies had this from the flu or Omicron-Delta or whatever. That's not really the decisive factor," he continued. “The situation is that it's absolutely awful, terrible. What can I say? A bad situation for us.” Davies has stopped training and is widely considered one of the best left backs in the world.  He is fully vaccinated and got his booster in December, reports says. Tyler Durden Sun, 01/16/2022 - 15:00.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Market Snapshot: Get ready for the climb. Here’s what history says about stock-market returns during Fed rate-hike cycles.

As it turns out, during so-called Federal Reserve interest rate-hike cycles, which we seem set to enter as early as March, the U.S. stock market tends to perform strongly, not poorly......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

Key Words: The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman

Billionaire hedge-fund manager Bill Ackman says the Federal Reserve needs to deliver old-fashioned shock and awe to financial markets with a big rate hike......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

The Tell: Supply-chain backlogs may `never’ clear as long as U.S. consumer demand persists, says RBC Capital Markets

If consumption remains elevated, California ports will “never” fully clear the hurdles needed to alleviate the supply chain, absent major infrastructure investments, RBC says......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

Walmart is the next big company with plans for the metaverse

The big-box retailer filed trademark applications in late December to create its own cryptocurrency and NFTs. AP Photo/Jae C. Hong Walmart has filed several new trademarks hoping to produce and sell virtual goods. Separate filings show the retailer also plans to create its own cryptocurrency and NFTs. The retailer joins a slew of businesses rushing to capitalize on Web3 and the metaverse. Walmart will join Facebook, Nike, Ralph Lauren, Bumble, Disney, and a string of other companies with plans to claim their own corner of the metaverse.The retailer, the largest private employer in the US, quietly filed several trademark applications in late December, which described extensive plans to sell virtual merchandise. CNBC was first to report on the applications.Walmart is directing its attention to the virtual world, like many others, including Facebook, which rebranded itself last year to Meta and publicly announced its goals to invest and expand into the metaverse, a virtual space where people can interact digitally using avatars.According to a filing, Walmart lists a variety of virtual goods it plans to sell, including electronics, appliances, apparel, home goods, toys, and personal care products. A separate filing shows the company's interest in creating its own cryptocurrency payment method and collection of non-fungible tokens, or NFTs.According to the US Patent and Trademark Office, Walmart filed seven separate applications on December 30."Walmart is continuously exploring how emerging technologies may shape future shopping experiences," the company said in an email to Insider. "We don't have anything further to share today, but it's worth noting we routinely file trademark applications as part of the innovation process."Despite many companies' plans for the metaverse, business leaders remain unsure of how to create a fully-fledged metaverse. Analysts at Morgan Stanley have said that the metaverse could be an $8 trillion opportunity, but the challenge would be getting consumers to buy into it. However, Walmart saw its online sales thrive in 2021, with sales at $11.1 billion in its third quarter according to a Digital Commerce 360 report, which could prove useful for Walmart's metaverse ambitions.A number of apparel-based retailers have already begun making their own metaverse experiences. Gap launched its first-ever NFT art collection last week, with digital art pieces starting at around $9 a piece. Nike has spent over three years on patents outlining digital avatars to "cryptokicks," with the company establishing its Metaverse Studio and acquiring digital sneaker company RTFKT in December. Other apparel retailers like Urban Outfitters, Ralph Lauren and Abercrombie & Fitch have also filed trademarks in recent weeks with intent to open their own version of a virtual store, trademark attorney Josh Gerben told CNBC on Sunday.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

A massive asteroid the size of the Empire State Building is about to pass Earth. Here"s how to track it.

The asteroid, which is about a half-mile wide, has been studied by scientists for decades and will stay about 1.2 million miles away from Earth. A screenshot of NASA's Eyes website which lets you track asteroids as they pass by Earth.NASA An asteroid the size of the Empire State Building is expected to fly past Earth next week.  NASA has classified the huge space rock as "potentially hazardous."  The asteroid will stay 1.2 million miles away from Earth and can be tracked online. A massive asteroid is heading towards Earth.But don't worry, the asteroid won't hit the planet like in the Netflix movie "Don't Look Up." In fact, it will travel approximately 1.2 million miles away from Earth-- that's over five times the distance between the Earth and the moon-- and is expected to pass by on Tuesday.Asteroid 7482 (1994 PC1), is a little over a half-mile wide, around the size of the Empire State Building, and has been tracked by NASA scientists since it was discovered by astronomer RH McNaught in 1994. The asteroid is one of several large asteroids to pass by Earth in recent weeks. "Near-Earth asteroid 1994 PC1 is very well known and has been studied for decades by our planetary defense experts," NASA posted to Twitter on Wednesday. "Rest assured, 1994 PC1 will safely fly past our planet."—NASA Asteroid Watch (@AsteroidWatch) January 12, 20221994 PC1 is considered "potentially hazardous" by NASA because it crosses Earth's orbit, according to USA TODAY.The asteroid would cause a "complete catastrophe" if it were to hit the Earth because it has more energy than a nuclear blast, Franck Marchis, the Chief Scientific Officer at Unistellar and Senior Planetary Astronomer at the SETI Institute, explained to USA TODAY. Although 1994 PC1 sounds dangerous, there is no need to be concerned.To watch 1994 PC1 pass by Earth, anyone with a backyard telescope of about 6 inches or wider in diameter and an app to help watch the sky should be able to see the asteroid pass at about 43,754 miles per hour, according to CNET.For those without a telescope, NASA's Eyes website will also offer a visual and a count down to help track the passing of the asteroid. The Virtual Telescope Project will also offer a live stream of the asteroid passing by.1994 PC1 orbits the sun every 1.5 years, according to NASA. The asteroid won't come this close to Earth again until 2105.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~Jan 16th, 2022Related News

Bank, airline earnings, AT&T, Verizon 5G rollout, housing data top week ahead

While the stock market is closed Monday for MLK day, a busy week of bank and airline earnings will follow, along with fresh housing data......»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

The week in bankruptcies: Chris" Collision Center Inc.

Sacramento area bankruptcy courts recorded one business filing — including zero with total debt above $1 million — during the week that ended Jan. 7. Chapter 7 bankruptcy protection typically provides for the liquidation of a business's assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern. Chris' Collision Center Inc. filed for voluntary Chapter 11 bankruptcy protection Dec. 31, in the….....»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

"Scream" Topples "Spider-Man" As Weekend Box Office Champ

“Scream,” the fifth installment in the horror film franchise, displaced “Spider-Man: No Way Home” as the top title at the U.S. box office this weekend, bringing in $31.5 million from 3,664 screens, according to data published by Deadline. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Apple"s CarKey Coming To More Auto Brands; Unlock And Start Your Vehicle With iPhone, Apple Watch

Apple, Inc.'s(NASDAQ: AAPL) CarKey feature that was first announced in mid-2020 hasn't caught on as much as the company would have desired. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Top 10 NFTs By Weekly Sales Volume: Meebits, CryptoSkulls, World Of Women Surge, LooksRare Launches

The non-fungible token market continues to heat up with strong sales volume on OpenSea, an NFT marketplace for buying and selling items. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Apple To Require Proof Of COVID Booster Shot For Store And Corporate Employees

Apple Inc (NASDAQ: AAPL) has asked its store as well as corporate employees to get a COVID-19 booster shot.  read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Mother gives up baby for adoption and sues sperm donor for $2.8m after he lied about his education, nationality, and wife

The married woman from Tokyo, Japan, who had sex with the sperm donor ten times is now suing for $2.8 million for mental distress. A pregnant stomachGetty Images A woman in Japan has given up her baby to the state's care and filed a lawsuit against the sperm donor. Whilst pregnant, she learned the sperm donor lied about his education, nationality, and marital status.  She has filed a 330 million yen ($2.86 million) lawsuit and is suing for emotional distress. A Japanese woman is giving up her child to the state and suing her sperm donor after he lied about his ethnicity and educational background.The woman, in her thirties, who lives in Tokyo with her husband and first-born child, had sex with the sperm donor ten times due to conceive a second child, after it came to light her husband had a hereditary disease, according to the Tokyo Shimbun. The donor told her he was Japanese, single, and a graduate of Kyoto University, one of the best universities in Japan. The woman, who has remained nameless in Japanese news reports, got pregnant in June 2019. However, during her pregnancy, she learned that the donor was, in fact, Chinese, went to a different university and was married. As a result, she decided she no longer wanted the child she had conceived with this man, but it was too late to terminate the pregnancy. After giving birth, she gave the child up to the state and last month filed a 330 million yen ($2.86 million) lawsuit against the sperm donor for emotional distress. Tokyo Shimbun reports that the woman said he tricked her for the sake of sexual gratification.The woman's lawyer spoke to Japanese broadcaster TBS News, stating that she is suffering from intense mental distress and sleep problems due to the sperm donor's misrepresentation. The lawyer said that the lawsuit is a way to prevent similar ordeals from happening in the future, taking aim at the thriving underground sperm donor industry in Japan.  There are no laws in Japan to regulate sperm donation. That, and the fact that there is only one official sperm bank in Japan, has created a black market for sperm. Japan's one sperm donation center opened in June 2021, and only 12 hospitals nationwide that carry out artificial insemination procedures, reported The Telegraph. As a result, there is a thriving black market in sperm on social media and 10,000 children have been born from sperm obtained through these unofficial arrangements, according to media reports.The woman's choice to give up the baby has received much criticism, with child welfare worker Mizuho Sasaki telling Vice World News that it is  "unacceptable to treat the child like an object, but I think it's better to leave the kid with someone who can be a good foster parent."Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Maryland Gov. Hogan says Biden"s plan to send at-home COVID-19 tests is "hijacking" the state"s plan to buy tests

Hogan said that the Biden administration appeared to be buying up tests that had already been ordered for distribution by states. Maryland Gov. Larry Hogan on CBS News' "Face the Nation."CBS News/"Face the Nation" Maryland Gov. Larry Hogan on Sunday criticized President Joe Biden's plan to distribute at-home COVID-19 tests to Americans who request them. Hogan said it appeared the Biden administration had purchased the same tests already ordered by states. The Biden administration on Wednesday plans to launch a website for Americans to order up to four tests. Maryland Gov. Larry Hogan on Sunday criticized President Joe Biden's effort to offer free at-home COVID-19 tests to Americans, claiming the plan caused issues for states already planning to purchase kits."The president announced nearly a month ago before Christmas that he was going to distribute these half a billion rapid tests out across the country," Hogan, a Republican, said during an appearance on CBS News' "Face the Nation." "And so far we haven't seen any," he added. "We were acquiring our own, you know, the states have been on the front lines throughout this crisis. And now it appears as if, rather than producing more of these rapid tests, the federal government is just purchasing the ones that we had already contracted for."The Biden administration on Wednesday plans to launch a website to allow Americans to sign up to receive rapid COVID-19 tests in the mail in order to improve access as the Omicron variant of the coronavirus surges. Each person will be eligible to request up to four tests, according to the White House. In addition to the website, the White House said it would set up a phone line "to help those unable to access the website to place orders."Biden in December announced the federal government would purchase 500 million COVID-19 tests to be sent to Americans. According to a Friday USA Today report, a Biden administration official said the White House had secured 420 million tests and was in the process of finalizing a contract for the remaining 80 million. Last week, the president said his administration would order an additional 500 million tests, bringing the total number of tests ordered to 1 billion. The tests from the federal government will take 7-12 days to arrive once ordered and will be sent via the USPS, according to the White House."You know, so now it's sort of hijacking the tests that we already had plans for, and we're now getting some of those providers to tell us they no longer have the rapid tests," Hogan said on Sunday.Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Online sleuths identified a Proud Boy at the Capitol riot by matching his face to an old photo of him modeling underwear, report says

A photo of a Proud Boy modeling underwear helped civilian investigators identify the Capitol rioter they dubbed the "RayBanTerrorist," per HuffPost. Alan Fischer is seen at the Capitol riot on January 6, 2021.US District Court for the District of Columbia Online sleuths identified a Capitol rioter they dubbed "RayBanTerrorist," per HuffPost. The facial recognition hit led them to old modeling photos of Alan Fischer, 28, from Florida. Fischer was arrested and charged with assaulting federal police officers, among other offenses. A 28-year-old man who is accused of involvement in the January 6 insurrection with the Proud Boys was identified by social media detectives thanks, in part, to a photo of him modeling underwear on a catwalk, according to HuffPost.Alan Fischer III, also known as AJ Fischer, was arrested in Florida on Friday.He is charged with assaulting, resisting, or impeding an officer, violent entry and disorderly conduct on Capitol grounds, and civil disorder, among other offenses, court records show.According to his arrest warrant affidavit, Fischer was seen in footage marching with the Proud Boys on January 6, 2021. Screenshots of videos included show him throwing traffic cones, chairs, and a pole towards a line of police.—#SeditionHunters (@SeditionHunters) May 20, 2021 Social media detectives dubbed the man in the photos as the "RayBanTerrorist," due to the sunglasses he was wearing and set about trying to identify him by name.According to HuffPost, Fischer was no. 222 on the FBI's list of individuals most wanted in connection with the Capitol riot.Fischer had deleted much of his social media, the media outlet said. The online sleuths used facial recognition software to match an image of the so-called "RayBanTerrorist" to an Instagram post of Fischer featured in a local Tampa Bay newspaper.From there, they found more photos of Fischer, across different social media platforms, from during his days working as a model. A post shared by 3BBM (@threebbm) One image shows Fischer, who has distinctive tattoos on his arm, on a catwalk modeling black underwear with a gold pouch. —#SeditionHunters (@SeditionHunters) January 14, 2022Fischer's arms were covered in photos from the Capitol, but HuffPost reported that his tattoos were identifiable in a photo of him with a group of Proud Boys from December 2020.It is not known whether the work of the civilian investigators led directly to Fischer's arrest but, according to court documents, a witness at the Proud Boys' Florida events also helped identify him to them.Investigators were then able to link Fischer to a flight from Tampa to DC on January 4 by using a phone number believed to belong to a current or former girlfriend.Frank W. McDermott, Fischer's attorney, told Insider he was unable to comment on the case.Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Photos: a record-breaking number of ships sailed through the Suez Canal in 2021, including the redemptive return of the "Ever Given"

Massive ships that made it through the Suez Canal this year, including Ever Given and its even larger sibling, Ever Ace. Zhang Jingang/VCG via Getty Images More ships sailed through The Suez Canal this year than ever before. The record number comes amid supply-chain chaos, the coronavirus pandemic, and the Ever Given's 6-day grounding.  See the massive ships that made it through, including the Ever Given's larger sibling, "Ever Ace." A total of 20,694 ships traveled through The Suez Canal this year, the SCA's chairman announced on Sunday.Container ships sail in Suez Canal, during the 150th anniversary of the Suez Canal.Gehad Hamdy/picture alliance via Getty ImagesSource: BloombergThe record-breaking feat defies a year riddled with supply-chain chaos, the pandemic, and of course, the Ever Given's dramatic 6-day blocking of the canal.Touring the Ports of Los Angeles and Long Beach.Thomas Pallini/InsiderAmong the tens of thousands of ships that made it through the Suez Canal this year was the recently repaired Ever Given and its even-larger sibling, Ever Ace.Yu Fangping / Costfoto/Barcroft Media via Getty ImagesIn a tale of redemption, the Ever Given successfully journeyed through the canal four months after it blocked the global waterway in March 2021.A view shows the container ship Ever Given, one of the world's largest container ships, after it was partially refloated, in Suez Canal, Egypt March 29, 2021Suez Canal Authority via ReutersSource: InsiderThe successful voyage was fantastic news for the global shipping industry — the Ever Given saga cost the global economy an estimated $400 million per hour.Container ship Ever Given stuck in the Suez Canal, Egypt on March 27, 2021.Kristin Carringer/MaxarSource: InsiderIn October, it was spotted in Qingdao, China, as its underwent repairs.Yu Fangping / Costfoto/Barcroft Media via Getty ImagesSource: InsiderPhotos revealed how six days stuck inside the canal destroyed the ship's famous red "bulbous bow."The Ever Given container ship which blocked the Suez Canal for nearly a week in March arrived in Qingdao on Monday for repair.Li Ziheng/Xinhua via Getty ImagesSource: InsiderMore than 1 million cubic feet of sand and mud had to be removed from around the ship as workers worked round-the-clock to dislodge both the bow and stern.Suez Canal Authority via APIn November, photos showed the repaired bow with a fresh coat of paint at a shipyard in China's Shandong Province.Yu Fangping / Costfoto/Barcroft Media via Getty ImagesSoon, the Ever Given reappeared on shipping schedules and began transporting freight between Europe and Asia once again — just in time for holiday shipping surges.Containers loaded onto the recently repaired Ever Given ship.Zhang Jingang/VCG via Getty ImagesThe "mega" container ship is larger than the Titanic and longer than the Empire State Building is high, but its new sibling is even bigger.Container ships are getting larger every year — the Ever Given is longer than three football fields.Zhang Jingang/VCG via Getty ImagesMeet Ever Ace: the world's largest container ship. According to American Bureau of Shipping records, the two ships are the same length, but the Ever Ace is wider and deeper.The Ever Ace has room on board for 23,992 boxes and 200,000 tonnes of cargo.Georg Wendt/picture alliance via Getty ImagesSource: InsiderThe Ever Ace is an Evergreen A-class, which can hold up to 23,992 cargo units. This is up from the 20,124 cargo units that the Ever Given, which is an Evergreen G-class ship, can carry.The "Ever Ace", one of the largest container ships in the world, is guided by tugs on the Elbe into the Port of Hamburg to moor at the Burchardkai container terminal.Georg Wendt/picture alliance via Getty ImagesSource: InsiderThe Ever Ace made its maiden voyage this summer, sailing through The Suez Canal for the first time on August 28, 2021.People gather as ship Ever Given is seen in Suez Canal, Egypt March 29, 2021.REUTERS/Mohamed Abd El GhanyEleven other mega container ships are being built in the make of the Ever Ace, three of which could become operational this year.A dockworker directs container ship CSCL GLOBE.Yu Fangping/VCG/Getty Images"Mega" container ships like these have more than doubled in size over the past decade to keep up with global trade demand.Associated PressThe vessels' larger-than-life size is contributing to the supply-chain crisis that's caused record-breaking backlogs at US ports, Kip Louttit, executive director of the Marine Exchange of Southern California, told Insider.Jeff Gritchen/MediaNews Group/Orange County Register via Getty ImagesEgypt's Suez Canal Authority announced plans to widen and deepen the waterway in May to help prevent future container ships from getting stuck.Stranded ships waiting in the queue to cross the Suez Canal on March 27, 202, as it's blocked by the Ever Given ship.MAHMOUD KHALED/AFP via Getty Images/InsiderThe deepening project will likely be complete in July 2023, Bloomberg reported.The Ever Given is accompanied by Suez Canal tugboats as it moves in the Suez Canal, Egypt, Monday, March 29, 2021.Suez Canal Authority via APSource: BloombergSCA Chairman Osama Rabie said even more ships are expected to pass through the canal next year due to increased ship production, according to the outlet.Seafarers on a ship waiting for their vaccinations.Sina Schuldt/DPA/Getty ImagesSource: BloombergRead the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Trump claims he couldn"t have lost the 2020 presidential election because his Arizona rally boasted thousands of attendees and "had cars that stretch out for 25 miles"

"There's nobody that can see the end of this crowd," Trump told his supporters at a Saturday rally. "That's not somebody that lost an election." Former President Donald Trump reacts to the crowd prior to speaking at a "Save America" rally in Florence, Ariz., on January 15, 2022.AP Photo/Ross D. Franklin Former President Trump on Saturday continued to raise doubt on his election loss to President Biden. During an Arizona rally, Trump pointed to the crowd size and heavy traffic to justify his opinion. Trump often uses rally figures to guage electoral success, despite them having no clear connection. Former President Donald Trump on Saturday bragged about the crowd size of an Arizona rally and pointed to heavy traffic leading into the event venue as evidence that he — and not President Joe Biden — won the 2020 election.Nearly a year after Trump departed the White House after losing his reelection bid to Biden, the former president continues to maintain that the election was fraudulent despite there being no evidence of mass irregularities and after repeated court losses by his campaign legal team.During his "Save America" rally in Florence — the first large-scale Trump-helmed public gathering of 2022 — the former commander-in-chief once again called the election "fake" before equating the breadth of his in-person rallies to the presidential election results."A person that comes here ... and has crowds that go further than any eye can see ... there's nobody that can see the end of this crowd," Trump told thousands of cheering supporters.He continued: "And has cars that stretch out for 25 miles. That's not somebody that lost an election, and now because of it, our country is being destroyed."While Trump sported his trademark "Make America Great Again" hat and spoke to roughly 15,000 supporters, per an Arizona Republic estimate, the former president went down a laundry list of grievances with the 2020 election and Biden's presidency, especially as it pertained to the state of the economy and the US-Mexico border.—Liz Harrington (@realLizUSA) January 16, 2022The Republic also reported that traffic for the Florence rally "was backed up for more than an hour," with attendees waiting in lines that traversed from the front of the venue to a dirt parking lot.Trump has long equated crowd sizes to electoral support and frequently blasted Biden's scaled-down events during the presidential campaign, linking it to a lack of support for the then-Democratic nominee. Meanwhile, Biden — who had sought to adhere to social distancing during the coronavirus pandemic — generally stuck with hosting outdoor events like drive-in rallies.Trump has teased a 2024 presidential run for almost a year, notably at the multiple rallies that he held in support of Republican candidates last year, and during the Saturday event.During a Fox News interview last November, Trump said that a final decision was still up in the air."I am certainly thinking about it and we'll see," he told the outlet at the time. "I think a lot of people will be very happy, frankly, with the decision, and probably will announce that after the midterms."Arizona was one of the hardest-fought states of the 2020 presidential election — and the longtime conservative stronghold will be hotly contested again in 2024 as well. Last year, Biden became the first Democratic presidential nominee since Bill Clinton in 1996 to win the state's electoral votes, edging out Trump by 10,457 votes out of nearly 3.4 million ballots cast.Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

A top US doctor says Biden"s agencies haven"t been on the "same page" on messaging about COVID-19, causing a "real problem"

Dr. Ashish Jha, the dean of the Brown University School of Public Health, said "the White House needs to get its messaging discipline together." Dr. Ashish Jha on "Fox News Sunday."Fox News/"Fox News Sunday" A top US doctor said the Biden administration needed to get its messaging together on COVID-19. Dr. Ashish Jha, the dean of the Brown University School of Public Health, said different agencies haven't always been on the "same page."  "I think that part has been a real problem," Jha said in a Fox News interview. Dr. Ashish Jha, the dean of the Brown University School of Public Health said on Sunday the Biden administration has inconsistent messaging on its COVID-19 response, creating a "real problem." "We have different agencies that have not been on the same page, John," Jha said during an appearance on Fox News' "Fox News Sunday." "And I think that part has been a real problem."While Jha said that the administration of former President Donald Trump put out inaccurate information related COVID-19, he said that Trump's administration had stronger consistency between agencies than the Biden administration.Jha's remarks drew backlash online, prompting Jha to clarify that he believed both messaging and accurate mattered to different degrees. The "Trump administration cared little about accuracy and often spread misinformation," he said, adding the "Biden team needs to work on consistency. They are not equivalent." —Ashish K. Jha, MD, MPH (@ashishkjha) January 16, 2022  Jha said during the Fox News interview on Sunday the White House, the US Centers for Disease Control and Prevention, the US Food and Drug Administration, and the National Institutes of Health have sometimes had different messaging during the Biden administration. "I think the White House needs to get its messaging discipline together, needs to make sure that people are speaking from the same page," Jha said. "My sense is that that has not been happening consistently. And it would be enormously helpful to the American people if that messaging was more consistent."Federal agencies have recently been criticized for shifting and inconsistent guidance and communication on topics including the rollout of vaccine booster shots, face masks, and isolation guidance for when someone is exposed to or tests positive for COVID-19.Jha last week said Americans who need to return to society after testing positive for COVID-19 should get a negative antigen test or wear a "high-quality mask" after the CDC said people only needed to isolate for just five days upon a positive test, rather than the previous 10 day recommendation. Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Startup to Watch: EyeRate

As part of our Sacramento Inno coverage, the Business Journal for the first time compiled a list of Startups to Watch in the new year. These startups are poised to make big moves, either in growth, funding, technology or development. We're highlighting 13 startups, generally with fewer than 100 employees, about 5 years old or less and that have raised less than $50 million. The group includes a diverse mix of companies throughout the region. Startup to Watch: EyeRate The founders of business….....»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Sunday links: the folly of prediction

MarketsHow would ARK Innovation ($ARKK) done if it could have closed to new investors? (wsj.com)What's driving value vs. growth these days? (allstarcharts.com)StrategyBen Carlson, "So while the Fed has been a big player in the markets since 2008 it would be silly to assume they are the only reason for the upward trajectory of stocks." (awealthofcommonsense.com)William Bernstein, "A suboptimal portfolio you can execute is better than an optimal one you can’t." (humbledollar.com)Michael Batnick, "There’s too much money chasing too few deals in private markets, and I’m not sure an interest rate hike or two will change that." (theirrelevantinvestor.com)FinanceJP Morgan Chase ($JPM) is spending big on technology. (ft.com)The LSE is proposing a special listing status for still private companies. (wsj.com)Requiring more disclosure will cause companies to go public earlier. (luxcapital.com)Trading bansMomentum is building for banning lawmakers from buying individual stocks. (axios.com)Why a trading ban on Congress needs to extend to family members as well. (bloomberg.com)SocietyHow much of growing wealth inequality is due to the rise of technology? (nytimes.com)Policing policies matter. So does who becomes a police officer. (ft.com)More gun sales lead to more gun crime. (theatlantic.com)College enrollment continues to fall. (npr.org)EconomyWhy 2022 is different than 2020. (tker.co)The economic schedule for the coming week. (calculatedriskblog.com)Earlier on Abnormal ReturnsTop clicks last week on the site. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)Coronavirus links: two years of knowledge. (abnormalreturns.com)Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)Mixed mediaChoose your personal narrative carefully. (seths.blog)How to make friends with failure. (fastcompany.com)Everything ends. (dariusforoux.com).....»»

Source:  abnormalreturnsCategory: blog~Jan 16th, 2022Related News

Novak Djokovic Leaves Australia After Losing Visa Appeal; Serbian President Says Aussies "Humiliated Themselves"

Serbian tennis star Novak Djokovic has left Australia after losing an appeal to stay in the country and seek his tenth Australian Open championship despite being unvaccinated against COVID-19. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

How Safe Are Tesla Vehicles? Elon Musk Reacts To New Data

Tesla, Inc. (TSLA) has had its fair share of quality issues and vehicle recalls in recent times. A recent report released by the company shows that accident statistics of Tesla's vehicles compare favorably to the average number compiled by the U.S. transportation regulator. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Damian Marley Interview: A Reggae Revolution From The Most High

This article was originally published on HoneySuckle Magazine and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Can Cannabis Ease Chronic Itch?

This article was originally published on Cannabis & Tech Today and appears here with permission. Medical marijuana (cannabis) may offer a promising option for patients with chronic itch, according to a new case study. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

How Spider-Man Helped Richard Nixon Push The War On Drugs In The 1970s

This article was originally published on Psychedelic Spotlight and appears here with permission. Long before this Marvel superhero joined The Avengers, he was recruited by Richard Nixon's anti-drug task force doing everything it could to publicly demonize psychedelics. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Interview With Julianne Keu, Psychedelic YouTuber

This article was originally published on Psychedelic Spotlight and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Tesla Demands Law Firm To Fire Attorney Who Questioned Elon Musk: Wall Street Journal

A Wall Street Journal report says that Tesla Inc (NASDAQ: TSLA.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Tesla-Induced Boost Is Now Nearly Erased: What"s Next For Dogecoin

Dogecoin (CRYPTO: DOGE) received a nice boost on Friday when Tesla, Inc. (NASDAQ: TSLA) began accepting the meme currency as a payment method for some of its merchandise. read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News

Puerto Rico"s generous tax breaks and stunning beaches are attracting an influx of crypto entrepreneurs: report

Crypto enthusiasts are increasingly moving to Puerto Rico. Under Act 60, residents do not have to pay any taxes on capital gains. Condado Beach in San Juan, Puerto Rico.Bill Ross/Getty Images Puerto Rico is becoming a crypto hub as entrepreneurs flock to the lush island.  Startups and bitcoin companies are finding a comfortable home there, CNBC reported. Generous tax breaks for residents are considered a significant benefit. Puerto Rico has become a magnet for crypto entrepreneurs in search of tax breaks and a picturesque environment.As CNBC reported, the island offers huge tax breaks to people who spend at least 183 days there every year, making it highly popular among the "crypto contingent."According to Act 60, bona fide residents do not have to pay any taxes on US source capital gains if they bought assets after establishing residency there. This law prompted crypto investor David Johnston to move his company and his family to Puerto Rico in March 2021, CNBC reported. "That's where all my friends are. I don't have one friend left in New York, and maybe the pandemic accelerated this, but every single one of them has moved to Puerto Rico," he told the outlet."Pantera Capital (a crypto fund) is on the fifth floor and then there's a co-working space on the sixth floor. My company, DLTx, we took over the eighth floor, and NFT.com took over the twelfth floor. That's all happened in the last 12 months," Johnston said. Over the past few years, Puerto Rico has been recovering from the devastation of Hurricane Maria, which hit in 2017.Insider's Katie Warren wrote in 2020 that the island's tourism industry, which accounted for 6.5% of its GDP, was decimated, and that once-popular areas became deserted. But the island has since rebounded. In July 2021, tourism organization Discover Puerto Rico reported that revenue from visitor spending and taxes were at an all-time high.In a press release, Discover Puerto Rico's CEO said: "Despite facing many challenges stemming from the pandemic, the tourism community in Puerto Rico is once again showing the world its strength and resiliency. We are achieving a high rate of return on our marketing, sales and promotional investments." Crypto-friendly policies are being implemented elsewhere, too. Recently, a nonprofit in Northwest Arkansas said it was offering $10,000 worth of free bitcoin to attract newcomers to the state. The offer includes a free bike too and has garnered more than 35,000 applicants so far.  Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

See inside the Bombardier Global 7500, the current world"s largest purpose-built private jet that"s a favorite of the world"s elite

Ultra-wealthy travelers booking a private flight on the exclusive aircraft have access to a private bedroom and entertainment center. A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/Insider Private aviation firm VistaJet boasts the world's largest charter fleet of Bombardier Global 7500 aircraft. The Global 7500 offers a range of 7,700 nautical miles with seating for up to 19 passengers. VistaJet offers the aircraft with a private entertainment suite and bedroom for passengers.  Being wealthy means being able to travel to the ends of the earth in style, luxury, and with as few stops for fuel as possible. And that's exactly what the Bombardier Global 7500 seeks to offer.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderCanadian aircraft manufacturer Bombardier currently holds the title for having built the largest and longest-ranged purpose-built private jet that's currently in flying service with its flagship Global 7500.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderIt's a travel experience that only a privileged wealthy few will be able to enjoy, especially as the majority of aircraft in service are privately owned. But rather than purchase the $75 million jet outright, private aircraft charter firm VistaJet wants the wealthy to use its aircraft.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderVistaJet is the largest private airline to fly the Global 7500 and has been steadily filling its stables with more of the long-range aircraft. A maximum range of 7,700 nautical miles allows the wealthy to fly nearly anywhere in the world in one stop or less.A VistaJet Bombardier Global 7500.VistaJet"We knew this aircraft would be popular, it's a game-changing aircraft," Ian Moore, VistaJet's chief commercial officer, told Insider.A VistaJet Bombardier Global 7500.Dominick Gravel/VistaJetTake a look inside one of VistaJet's Bombardier Global 7500 private jets.A VistaJet Bombardier Global 7500.Vista JetBombardier developed the Global 7500 to seat a maximum of 19 passengers. But VistaJet opted to only include seating for 14 as there's often no need to fill a private jet with as many seats as possible, as is often the case in the commercial airline world.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderA cabin length of 54 feet and five inches gave VistaJet lots of flexibility in configuring the aircraft and the result is a cabin with four distinct living areas, including a private bedroom.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe club suite is the first living area to welcome passengers comprised of four seats in total. The configuration is standard on all large-cabin private jet aircraft like the Global 7500.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderEach seat in the area is Bombardier's new "nuage" seats that aim to take a new approach to the classic private jet seatA VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderIts features include a unique tilt system that offers a deep recline, floating base, and tilting headrest.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderEach seat pair also has its own side table that's ideal for working on a laptop, enjoying a meal, or even playing a game of cards.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAnd to control surrounding functions including seat lighting, Bombardier crafted a unique circular touch-screen control panel. A flyer need only wave their hand above the panel for it to rise up from its base and activate.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe club suite also offers storage space that's ideal for small personal items including phones and other devices.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderIn-seat power is offered through 110v AC power outlets and USB charging ports.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe principal passengers will typically utilize the club suite during takeoff and landing. And once in-flight, the rest of the aircraft awaits.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderDirectly behind the club suite is the conference suite, comprised of six seats with three on each side of a large table that's separated by the main aisle.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe conference suite doubles as a dining area and is ideal for meals and meetings, as the situation requires.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe two halves of the table can be connected by a leaf during meal times, meetings, or other times when needed.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAn oven and microwave in the forward galley of the aircraft allow flight attendants to craft and serve high-quality meals during the flights.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderOnce the meals and meetings have ended for the day, the entertainment suite awaits passengers with a veritable home living room experience in the sky.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderA three-place divan sits opposite a massive entertainment screen capable of playing movies or displaying a moving map with the aircraft's location.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderCloseable doors on each side of the cabin also allow for a truly private experience.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAnd even in the brightness of day, all the window shades can be closed to create the feeling of a night at the movies.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe large screen can also be used for presentations if the aircraft is being used for business.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe final living space of the aircraft is the private suite containing a private bedroom that is typically reserved for the principal flyer.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderInside the private suite is a full bed capable of sleeping two people, as well as a single club seat.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderA full bed is rare on a large-cabin private jet aircraft but the sheer size of the Global 7500 allows for such extravagances.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderOwners can even opt to have a shower installed on the aircraft to complete the feeling of a flying home away from home.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderBusiness travelers, in particular, benefit from having the bedroom as it allows them to be well-rested upon landing to attend meetings and other activities.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe space is most often used as a private enclave for the principal flyer as it's tucked away from the main living areas and only features one seat.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderSome business leaders will also retreat to the private suite to use it as their office.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAlso included in the suite is a sizeable entertainment screen alongside a small bookshelf that VistaJet always keeps well stocked.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/Insider"It's a little bit of analog in a digital world," Moore said of the books, one of which was the American classic "Little Women" by Louisa May Alcott.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAttached to the private suite is the en suite bathroom complete with a full sink, closet, and toilet.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAll the required amenities and toiletries come pre-stocked, just as if flying first class on a commercial airliner.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderVistaJet even stocks a shower robe for passengers.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderAnd a window feeds natural light into the bathroom.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe entire aircraft has an at-home feeling which is necessary given the long flights of which the Global 7500 is capable.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderCrafting a timeless interior was also required to keep repeat flyers from growing tired of the aircraft.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/Insider"We're constantly adapting cabin experience so that we're never boring," Moore said. "You never want to get to the point where you're flying and you go 'I don't really want to get in that cabin again.'"A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderEach section of the aircraft also has a dual purpose between business and leisure, according to Moore. The entertainment suite, for example, can be a relaxing setting in which to watch a movie or it can be used for business presentations.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe six-person dining table is primarily used for meals but it can also be used to host meetings.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderBombardier itself was also present at the Dubai Airshow trying to sell Global 7500 aircraft to prospective owners. But VistaJet only wants to sell the flights.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/Insider"If you're flying an aircraft 800 to 900 hours per year, buy an aircraft, you'll need the flexibility," Moore said of owning an aircraft. But the upside to charter, he stated, is the ease of use by not having to be concerned with crew and maintenance expenses.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderVistaJet's pool of pilots also enables users to fly the aircraft to its fullest 7,700-nautical mile potential as ultra-long-haul flights require an extra set of pilots on board.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe downside is that private aircraft availability has varied as more wealthy travelers book private flights, a problem VistaJet is trying to hedge by taking on as many Global 7500 aircraft as it can.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderVistaJet first placed its first Global 7500 order in 2013, long before the pandemic changed how people travel. "We believed that a global airline was what was missing in private aviation," Moore said.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/Insider"We took the risk and we're reaping the rewards now," Moore said. "We're saying no to flights at the moment."A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderBut booking an aircraft with the size and capabilities of the Global 7500 isn't for the average private jet flyer.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderCustomers have to commit to paying a minimum of five hours of flight time when booking the Global 7500 as VistaJet is looking to encourage long-range bookings for the long-range aircraft.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderThe best pricing for the aircraft is for those flyers booking in excess of seven hours.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderVistaJet's average duration for Global 7500 flights is between eight and 10 hours currently but once more countries around the world open, namely in Asia, the possibilities for the aircraft are endless.A VistaJet Bombardier Global 7500 at the Dubai Airshow 2021.Thomas Pallini/InsiderRead the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

Trump mocks Biden over his handling of the coronavirus pandemic at Arizona rally and attempts to mimic his voice: "I"m gonna get rid of COVID"

The crowd laughed at the impersonation, which also included the former president moving his hand in an attempt to impersonate Biden's gestures. Former President Donald Trump speaks at a "Save America" rally in Florence, Ariz., on January 15, 2022.AP Photo/Ross D. Franklin Former President Trump on Saturday blasted President Biden's handling of the coronavirus pandemic. "Remember, I'm gonna get rid of COVID," the former president mockingly said while imitating Biden. Trump was widely criticized for downplaying the severity of COVID-19 during his White House tenure. Former President Donald Trump on Saturday tore into President Joe Biden's handling of the coronavirus pandemic, pointing to the rising numbers of cases fueled by the Omicron variant and attempting to mimic the president's voice.During a "Save America" rally in Florence, Arizona, Trump relished in attacking Biden, who made the defeat of COVID-19 a priority during the 2020 presidential campaign and has tried earnestly to battle the virus through increased vaccinations among the general public."We all knew that Joe Biden would be not so good but few could have imagined that he would be such a disaster for this country," the former president said. "There are four times more COVID cases."He continued, mimicking Biden's voice: "Remember, I'm gonna get rid of COVID."The crowd — filled with many of Trump's most passionate supporters — laughed at the impersonation, which also included the former president moving his hand in an attempt to impersonate Biden's gestures.In his dig at the president, Trump was likely referencing the increased number of COVID-19 cases that the country faced as a result of the highly infectious Delta variant — which was the dominant strain headed into the Labor Day weekend last September. Despite over 60% of the US population having received at least one dose of the vaccine at the time, there were four times as many COVID-19 cases and a higher number of hospitalizations than in the same period in 2020.—Newsmax (@newsmax) January 16, 2022A Centers for Disease Control and Prevention study last summer revealed that unvaccinated Americans were 11 times more likely to perish from COVID-19 than those who were fully vaccinated.From mid-June until mid-July last year, when the Delta variant was gaining a larger foothold across the country, unvaccinated Americans represented 82% of new cases, 86% of hospitalizations, and 84% of deaths, which reflected how those individuals remained the most at risk for serious infection or death.Last May, the Biden White House felt confident that it had made huge strides in "crushing" the coronavirus, touting the new CDC recommendation at the time that fully-vaccinated Americans could ditch their masks indoors and outdoors. However, the high transmissibility of the Delta variant forced the administration to adjust its expectations and retool to face the emerging health threat.During a November interview on the Fox Business Network program "Varney & Co.," Trump said that he wanted Biden to succeed in tackling the coronavirus, which has caused societal upheaval across the globe since 2020."I wanted him to be successful. He's been totally unsuccessful. It's a disaster what's happened," the former president said at the time.Trump — who has been roundly criticized for downplaying the severity of the virus and who reportedly saw mask wearing as a "sign of weakness" while in office — never acknowledged the challenges that stemmed from the new variants during the interview.The former president has consistently opposed vaccine mandates, while Biden has strongly supported such measures to reduce hospitalizations and deaths.Last week, the Supreme Court struck down the Biden administration's vaccine-or-test mandate for companies with over 100 employees, but allowed mandates to stand for health care workers at facilities participating in Medicare and Medicaid programs.In recent weeks, Trump has been critical of politicians who have been coy about whether or not they have received COVID-19 booster shots, which he has defended while speaking with conservative media outlets.As of January 16, more than 850,000 people have died of the coronavirus in the US, with 65.4 million confirmed cases, according to Johns Hopkins University.Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

I tried the bus startup using luxury coaches with motion-canceling seats on a trip from NYC to DC and it was one of the most comfortable travel experience I"ve had

The plush seating, free snacks and booze, attentive attendant, and fast WiFi made traveling on the Jet an absolute joy. The Jet on a cold January morning.Brittany Chang/Insider I tried the Jet, a luxury bus startup that travels between New York City and Washington DC. Tickets start at $99, which is more expensive than a comparable Amtrak ticket or a ride on a budget bus service.  The snacks, drinks, kind attendant, and comfortable motion-canceling seating made my carsickness worth it. I took a luxury bus service from New York City to Washington DC for $99, and it was one of the plushest travel experiences I've ever had.The Jet on a cold January morning.Brittany Chang/InsiderI've never had a pleasant intercity bus experience (until now), but the complimentary snacks and beverages, fast WiFi, and motion-canceling seats made the ride enjoyable and comfortable.The seats.Brittany Chang/InsiderThat is until I got carsick. But more on that later.The seats at the front of the bus.Brittany Chang/InsiderI, like many other travelers in the US, do not have fond memories of sitting in intercity buses like Greyhound or Megabus.A Greyhound bus in Texas in 2021.Jose Luis Gonzalez/ReutersEnter the Jet, a luxury bus startup looking to provide another option different from those sometimes-uncomfortable budget bus experiences.The Jet on a cold January morning.Brittany Chang/InsiderUnlike the classic Flixbus or Greyhound, the Jet has comfortable seats, in-ride treats, and fast Wifi, among other bonuses. It's more expensive, but the company is betting riders who can afford to will pay for the luxury and exclusivity.The seats.Brittany Chang/InsiderChad Scarborough, the Jet's founder and CEO, predicts the company's passengers are the top one to 2% of bus riders, or "people who want a nicer option" but don't want to pay for an Amtrak, he said the first time I toured one of its buses in late 2021.The galley at the rear of the bus.Brittany Chang/InsiderThe startup isn't a new concept: Luxury coaches like Vonlane have fared well in other markets, Scarborough noted.The back of the bus.Brittany Chang/InsiderBut unlike Vonlane, which operates primarily in Texas, the Jet targets two cities with low car ownership: New York and Washington, DC.A view out the windows while we were still in Manhattan.Brittany Chang/InsiderSource: Titlemax Tripperbus, which also calls itself a "first-class bus service," runs a similar route from Arlington, Virginia, and Bethesda, Maryland to New York City.Rachel Mendelson/InsiderSource: Tripperbus But the Jet drops off and picks up its passengers right in the heart of DC at Metro Center, about a 10-minute walk to the White House.The White House south facade, in Washington, D.C.Raymond Boyd/Getty ImagesOn January 7, the morning after New York's first snow in the new year, I decided to take a ride on the Jet for a roughly five-hour ride from New York City to Washington, DC to test its offering.The Jet on a cold January morning.Brittany Chang/InsiderThe Jet only has two departure times from New York: 11 a.m. and 6:30 p.m. I booked the former hoping to get some work done on my Friday afternoon ride.The seats.Brittany Chang/InsiderThe Jet departs from Hudson Yards. This outdoor departure away from any terminal means I didn't have to navigate the large, often busy corridors of an indoor station. It also means passengers board from the curb, just like discount carrier Megabus.The Jet on a cold January morning.Brittany Chang/InsiderThe 45-foot-long black coach with "THE JET" embossed on side told me I was in the right place. I arrived earlier, so I had plenty of time to pick up breakfast before checking in with the bus attendant, who operates like a flight attendant.The Jet on a cold January morning.Brittany Chang/InsiderI already reserved my spot on the 14-seat bus so there was no need to rush onto the vehicle in hopes of getting a prime seat or space in the luggage compartment.My messy seat.Brittany Chang/InsiderAnd the rows of seats are six feet apart as per COVID-19 protocols, providing ample legroom and space for my bags.The back of the bus.Brittany Chang/Insider"We've had some people tell us [this] feels safer than taking a train or a plane because there's so few people," Scarborough said in 2021.The bathroom.Brittany Chang/InsiderAnd I agree. Besides me, there were only nine other people on the bus including the driver and attendant. Everyone was required to mask up unless they were eating or drinking.Snacks on the Jet.Brittany Chang/InsiderThere's also a UV filtration system that sanitizes the air every 10 minutes, according to the company.The galley at the rear of the bus.Brittany Chang/InsiderOther than the person sitting next to me (who I live with) everyone felt distanced from my seat, making the Jet feel safer than any plane ride I've been on during COVID-19. And unlike planes, the Jet is also now enforcing a vaccine mandate.The seats.Brittany Chang/InsiderThe pre-booked seats, ample spacing, and warm attendant made for one of the safest-seeming and most relaxing boarding experiences I've ever had on any mode of transportation.Inside the Jet.Brittany Chang/InsiderAll I had to do was get on the bus, throw my bags on the floor in front of me, confirm my seat with the friendly attendant, and I was all good to go.My messy seat.Brittany Chang/InsiderThroughout the bus ride, the attendant checked on the passengers and offered us a selection of complimentary snacks, water, wine, beer, coffee, and soda. And at the end of the bus ride, she collected our trash.Snacks on the Jet.Brittany Chang/InsiderI don't drink soda, and I passed on the free booze (I was, after all, still working), but just having these options made the Jet feel more luxurious than an economy seat on a plane.The galley at the rear of the bus.Brittany Chang/InsiderWe were offered The Jet-branded blankets to use during the bus ride, but I was already bundled in a thick sweater, so I passed.The seats.Brittany Chang/InsiderThere's also a bathroom at the rear of the bus next to the attendant's galley. The clean bathroom — although smaller than Amtrak's — had the basics: a toilet, sink, mirror, and hand sanitizer.The bathroom.Brittany Chang/InsiderBut because it was freezing the night before, the bathroom pipes were frozen, putting the porcelain throne out of commission for the first half of the ride.The bathroom.Brittany Chang/InsiderLuckily our driver scheduled a quick bathroom stop halfway through the journey, which was perfect for a quick stretch.The Jet on a cold January morning during out bathroom stop.Brittany Chang/InsiderSnacks and a clean bathroom are great, but the Jet has an even stronger standout feature that sets it apart from any other luxury bus competitor or mode of travel: the motion-canceling "hoverseats."Inside the Jet.Brittany Chang/InsiderSource: Insider These seats are the Jet's pièce de résistance and its biggest draw.A reclined seat.Brittany Chang/InsiderThe seats use a suspension technology developed by Bose to block 90% of the bus ride's uncomfortable bumps and movements.The seats.Brittany Chang/InsiderThe tech can be more commonly found in the long-haul truck industry, making the Jet the "world's first" bus with motion-canceling seats, according to the company.Buttons to adjust the seating.Brittany Chang/InsiderSource: The Jet These seats made road traveling feel more like flying, but better.The seats.Brittany Chang/InsiderThe gel and memory foam seats are 22-inches wide and plusher than my couch at home.The seats.Brittany Chang/InsiderWhen my seat was fully reclined 45-degrees, I could have comfortably fallen asleep.A reclined seat.Brittany Chang/InsiderAnd because there's six feet between each row, I didn't have to worry about reclining too far.The seats at the front of the bus.Brittany Chang/InsiderLuckily, the seats' armrests have a built-in tray table, allowing me to lay back while tapping away on my laptop.The seats.Brittany Chang/InsiderBut unfortunately, I had to work, and couldn't take the nap I so longed for.Working on the Jet.Brittany Chang/InsiderThe coaches are equipped with the same WiFi used on Google and Facebook's employee shuttles, Scarborough previously explained.The galley at the rear of the bus.Brittany Chang/InsiderThe WiFi was no joke. It was reliable and the fastest I've ever used on a mode of transportation.The galley.Brittany Chang/InsiderAlmost every passenger was pattering away on their laptops during the bus ride, but I never encountered disruptions with the network, even when I was streaming music and videos.Inside the Jet.Brittany Chang/InsiderThe seats also have outlets that kept my laptop running throughout the entire journey.Working on the Jet.Brittany Chang/InsiderSo far so good, until around two hours into the ride. That's when I hit my first metaphorical bump in the road.The bathroom.Brittany Chang/InsiderThe motion-canceling seats did a great job of blocking the smaller bumps, but I could still feel the rocking motion of the bus. This was expected and would have otherwise been fine if I hadn't been staring at my laptop.The seats.Brittany Chang/InsiderThe longer I stared at the screen, the harder it became to read smaller blocks of text, a side effect that brought me back to my concussion four months ago.The galley at the rear of the bus.Brittany Chang/InsiderThe longer I worked, the worse my carsickness-induced nausea — a familiar feeling from stop-and-go traffic but never from long bus rides — became.The bathroom.Brittany Chang/InsiderThe headache, woozy uneasiness, and churning stomach made the remaining almost two hours more difficult to kill.The galley at the rear of the bus.Brittany Chang/InsiderBut when I looked around, most other passengers were still on their laptops and phones, a sign that nobody else was feeling as sick as I was.A view out the windows while we were still in Manhattan.Brittany Chang/InsiderFinally, after about five hours on the road, we arrived in DC at around 4 p.m. I quickly gathered my belongings, said my thank yous, and ran out to get some fresh air.The seats at the front of the bus.Brittany Chang/InsiderBut honestly, despite my carsickness, the Jet was the most comfortable intercity travel experience I've ever had (noting that I've never used a luxury bus service before).The Jet on a cold January morning.Brittany Chang/InsiderBoarding and departing the bus in an uncrowded outdoor area was an underrated luxury.The Jet on a cold January morning.Brittany Chang/InsiderIt seems like I'm not alone in enjoying the Jet.The galley at the rear of the bus.Brittany Chang/InsiderIn December, the startup averaged at above 70% ridership, peaking at 86% during the week of Thanksgiving, Scarborough told Insider in a statement.The bathroom.Brittany Chang/InsiderJanuary has been "slower" at around 40% ridership ahead of a mid-month weekend, but this is still above the company's initial projections.The bathroom.Brittany Chang/InsiderScarborough believes the Jet is "well-positioned" for the spring and summer travel boom.The galley at the rear of the bus.Brittany Chang/InsiderThe Jet ranges from almost $100 to up to almost $150. As of January 14, tickets for an 11 a.m. departure on Friday, January 28 start at $99.The galley at the rear of the bus.Brittany Chang/InsiderA business class ticket for Amtrak's Acela departing at 11 a.m. starts at $90, while a coach ticket for the 11:35 a.m. Northeast Regional sits at almost $50. It's also worth noting that an Amtrak on the same route is about one-and-a-half to two hours faster and won't have to stop for traffic or bathroom breaks.An Amtrak train pulls out of Union Station on Wednesday, April 7, 2021.Photo By Bill Clark/CQ-Roll Call, Inc via Getty ImagesSource: Amtrak Meanwhile, the cheapest 11:00 a.m. bus ticket (Flixbus) on the same day is a mere $18, making it about one-fifth as costly as a ticket for The Jet.A FlixBus at Nice International Airport in 2019.Eric Gaillard/ReutersSource: Wanderu If you're looking for luxury, the Jet may be your best choice. Though it's slower and more expensive, there's no arguing it's the most comfortable option.The galley.Brittany Chang/InsiderRead the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

On his first day in office, Virginia Gov. Glenn Youngkin banned teaching Critical Race Theory and mask mandates in schools

Critical Race Theory was not part of Virginia's K-12 schools standards of learning, the commonwealth's department of education said last year. GOP Gov. Glenn Youngkin of Virginia.AP Photo/Steve Helber, File Virginia's new Gov. Glenn Youngkin signed 11 executive actions on his first day in office. One of them banned the teaching of Critical Race Theory while another targeted school mask mandates. There is little evidence that Critical Race Theory was taught in Virginia's K-12 schools. Virginia Gov. Glenn Youngkin quickly set the tone for his administration on Saturday, signing numerous executive actions, including one that bans the teaching of "divisive concepts" in schools and another that targets school mask mandates.As Insider's John L. Dorman previously reported, Youngkin was sworn in Saturday after he in November last year beat out former Gov. Terry McAuliffe, a Democrat, to replace outgoing Gov. Ralph Northam, a Democrat who was prohibited for running for re-election due to term limits. Youngkin is the first GOP governor of Virginia since 2014.  "The work is only beginning," Youngkin said in a statement alongside the 11 executive actions he signed Saturday."The important steps we are taking today begins the work of restoring excellence in education, making our communities safer, opening Virginia for business and reinvigorating job growth, and making government work for the people, and not the other way around," he added.As Insider previously reported, part of Youngkin's campaign strategy involved his lobbing attacks on Critical Race Theory in public schools, which the Virginia Department of Education said last year was not part of its state standards of learning, WDBJ reported.The "divisive concepts" executive action specifically bans the teaching of CRT. CRT is centered around the idea that American society is presently impacted by the legacy of slavery and how that legacy factors into US laws and polices. Despite the fact there has been little evidence to suggest CRT is taught in K-12 schools in the US, Republicans in state legislatures have crafted legislation banning it and railed against in on the campaign trail. "Inherently divisive concepts, like Critical Race Theory and its progeny, instruct students to only view life through the lens of race and presumes that some students are consciously or unconsciously racist, sexist, or oppressive, and that other students are victims," the executive order reads.In a series of interviews while on the campaign trail last year, Youngkin claimed, with little evidence, that CRT was being taught in Virginia high schools, according to Politifact. According to the report, numerous Virginia school systems had, on the contrary, released statements claiming they didn't teach students about CRT.Youngkin also on Saturday signed an executive action that banned schools from requiring that students wear masks to stem the spread of COVID-19, instead allowing parents to decide when their children wear masks during the school day."The way that Virginia works is that the governor cannot ban mask mandates. Schools make those decisions," he told WTKR-TV in an interview last week. "We will in fact, then, also make sure that schools allow parents to exercise their rights for what's best for their children, to opt-out of those mandates."While schools can still require masks, parents can opt their child out of them without providing a reason, according to the executive action.Read the original article on Business Insider.....»»

Source:  nytCategory: world~Jan 16th, 2022Related News

McDonald"s locations have cut hours by 10% due to staffing shortages: CEO

McDonald's plans to cut operational hours in response to a lack of employees at a number of its U.S. locations......»»

Source:  foxnewsCategory: top~Jan 16th, 2022Related News

Fire, explosions reported at Hussey Copper in Leetsdale

Crews were called to Hussey Copper in Leetsdale early Sunday morning for reports of a fire that has been causing multiple explosions......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Redevelopment of Sleep Train Arena likely to unfold this year

Final city approval of redeveloping the former Sleep Train Arena site in North Natomas could come in about a month, clearing the way for the long-awaited project to make major progress this year......»»

Source:  bizjournalsCategory: top~Jan 16th, 2022Related News

Should You Move While You Can, Or When You Must?

Should You Move While You Can, Or When You Must? Authored by Charles Hugh Smith via OfTwoMinds blog, This gives an extreme advantage to those few who move first, long before they must. The financial advantage for first movers is equally extreme. Moving is a difficult decision, so we hesitate. But when the window to do so closes, it's too late. We always think we have all the time in the world to ponder, calculate and explore, and then things change and the options we once had are gone for good. Moving to a new locale is difficult for those of us who are well-established in the place we call home. Add in a house we love, jobs/work, kids in school, a parent living with us and all the emotional attachments to friends, extended family, colleagues and favorite haunts, and for many (and likely most) people, moving is out of the question. Many of us have fond memories of moving when we were in our late teens or early 20s--everything we owned fit in the backseat and trunk of a beaten up old car, and off we went. Once you put down roots in a home, work/enterprise, schools, neighborhood and networks, it's a herculean task to move. Moving to another state or province isn't just a matter of the physical movement of possessions and buying / renting a new dwelling, itself an arduous process; the transfer of medical and auto insurance, finding new dentists and doctors, opening local bank/credit union accounts, obtaining local business licenses and a staggering list of institutions and enterprises that require an address change is complicated and time-consuming. Knowing this, I don't ask this question lightly: Should You Move While You Can, Or When You Must? The question is consequential because the window in which we still have options can slam shut with little warning. The origin of the question will be visible to those who have read my blog posts in 2021 on systemic fragility, our dependence on long, brittle supply chains, the vulnerabilities created by these dependencies and my polite (I hope) suggestions to fashion not just a Plan B for temporary disruptions but a Plan C for permanent disruptions. My new book Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States is a result of realities few are willing to face: the extreme inequality we now have in the U.S. leads to social collapse. That's the lesson of history. So to believe as if collapse is impossible is to ignore the evidence that social collapse is inevitable when inequality reaches extremes. Human and nature dynamics (HANDY): Modeling inequality and use of resources in the collapse or sustainability of societies. Social collapse has consequences, and so we have to ask: where do we want to be in the vast human herd when social order unravels? My new book also addresses the transition that's obvious but easily denied: we've transitioned from an era of abundance to an era of scarcity. There are many historical examples of what happens as scarcity diminishes living standards and puts increasing stress on individuals, families, communities and nations. There are ways to adapt to scarcity (that's the point of my book) but nation-states and the elites who run them are optimized for abundance, not scarcity, so they lack the means to adapt to scarcity. Their default setting to is keep pursuing a return to higher consumption ("growth") by increasingly extreme means--for example, printing trillions of dollars and giving it to wealthy elites and corporations, and printing additional trillions to give away as bread and circuses (stimulus) to the masses. There is no historical evidence that this vast, endless creation of currency is consequence-free or successful. This delusional pursuit of endless "growth" that is no longer possible due to resource depletion and soaring costs of extraction, transport, etc. also leads to collapse. This is the modern-day equivalent of squandering the last resources available on ever-more elaborate (and completely unproductive) temples in the hopes of appeasing the gods of "growth." As I also detail in the book, the status quo is fantastically wasteful and ineffective. It now takes 20-25 years to build a single bridge or tunnel, and each project is billions of dollars over budget, yet we're assured that the entire nation will seamlessly and painlessly transition away from hydrocarbon fuels to alternative energy in 20-25 years. Never mind that this would require building a new nuclear plant or equivalent every month for the next 20 years; skeptics are just naysayers. While a successful transition to a degrowth economy and society is certainly physically possible, the current status quo lacks the will, structure, leadership or desire to manage such a transition. While no one is entirely independent of long supply chains and energy-intensive industrial economies, the lower one's dependency and one's exposure to the risks of social disorder, the better off one will be. Put another way, the greater one's self-reliance and independence from global supply chains, the lower the impact should things break down. The closer one is to local sources of energy, fresh water, food, etc., the lower the likelihood of losing all access to these essentials. The wealthiest few hedge their risks by having one or more homes they can escape to if urban life breaks down. When risks rise, the wealthy start buying rural homes sight unseen for double the price locals paid a few months earlier. Here's the problem: roughly 81% of Americans live in urban zones (270 million people), and around 19% (60 million people) live in rural areas. About 31% of urban residents live in dense urban cores, about 25% live in suburban counties and the remaining 24% live in urban clusters and metropolitan areas--smaller cities, etc. Rural regions have plenty of land but relatively few dwellings due to the low population density. Much of the land is owned by government agencies, corporations or large landowners, so a relatively small percentage is available for housing. Many rural economies have stagnated for decades, so the housing stock has not grown by much and older homes have deteriorated due to being abandoned or poorly maintained. Few building contractors survived the stagnation and so finding crews to build a new home is also non-trivial. So when the wealthiest few rush out to buy second or third homes in desirable rural areas in Idaho, Montana, Utah, Colorado, North Carolina, etc., they find a very restricted supply of homes available. This generates a bidding war for the relatively few homes considered acceptable and prices skyrocket, pricing out locals who soon resent the wealthy newcomers' financial power and fear the inevitable rise of the political and commercial power their wealth can buy. (Cough, billgates, cough.) At present, few anticipate urban America becoming a dicey place to live and own a home. But inequality and the hollowing out of the economy by globalization and financialization has left cities entirely dependent on diesel fueled trucks to deliver virtually everything. This is also true of rural communities, of course, but some rural areas still produce energy and food, and given the lower population density, these communities are less dependent on global supply chains and are therefore more self-sufficient. Rural households have more opportunities to raise animals, grow vegetables, etc., and more opportunities to have supportive relationships with neighbors who actually produce something tangible and essential. Dependence is a matter of scale: if you can get by on 5 gallons of gasoline a month, you're much more likely to put your hands on enough fuel to get by than if you need a minimum of 50 gallons of fuel to survive. The same is true of food, fresh water and other essentials: the less you need, the more you supply yourself, the lower your vulnerability to supply disruptions. Lower population densities lend themselves to greater self-sufficiency / resilience and to community cohesion. Roving mobs are less likely to form simply because the low density makes such mobs difficult to assemble. As I explain in my book, social cohesion is a combination of civic virtue, shared purpose, agency (having a stake in the local economy and a say in decisions which affect everyone) and moral legitimacy, i.e. a community that isn't divided into a self-serving elite that owns the vast majority of the wealth, capital and political power and a relatively powerless majority (i.e. debt-serfs and tax donkeys). In my analysis, social cohesion in most urban zones has already eroded to the point of no return. The tattered remnants will crumble with one swift kick. The conventional view is the urban populace will continue to grow at the expense of rural regions, a trend that's been in place for hundreds of years. But this trend exactly parallels the rise of hydrocarbon energy. Large cities existed long before hydrocarbon energy, but these cities arose and fell depending on the availability of essential resources within reach. Imperial Rome, for example, likely had 1 million residents at the apex of its power, residents who were largely dependent on grain grown in North African colonies and shipped across the Mediterranean to Rome's port of Ostia. Once those wheat-exporting colonies were lost, Rome's population fell precipitously, reaching a nadir of perhaps 10,000 residents living amidst the ruins of a once great metropolis. More recently, economic and social shifts hollowed out many city cores in the 1970s as residents and jobs moved to the suburbs. A reversal of this trend in favor of small cities/towns and rural areas may already be gathering momentum under the radar. All this is abstract until the attractions of city living fade and economic vitality declines to the point of civic and financial bankruptcy. Cities have cycles of expansion, decay and decline just like societies and economies, and it behooves us to monitor the fragility, dependency and risk of the place we inhabit. At nadirs, homes and buildings that were once worth a fortune are abandoned, or their value drops to a fraction of its former value. Putting these dynamics together, the problem boils down to a systemic scarcity of housing in attractive, productive rural towns and regions and a massive oversupply of urban residents who may decide to move once urban zones unravel. Let's assume that a mere 5% of urban residents decamp for rural regions. Given that there are about 130 million households in the U.S. and 81% of that total is 105 million households, 5% is 5.25 million households. Given that the number of rural communities that have all the desirable characteristics is not that large, we can estimate that it might be difficult for even 500,000 urban households to relocate to their first choice, never mind 5 million. This gives an extreme advantage to those few who move first, long before they must. The financial advantage for first movers is equally extreme, as they can still sell their urban homes for a great deal more money than they will fetch once conditions deteriorate. (The value of homes can drop to zero, as Detroit has shown.) Those few who decide to join the early movers even though the difficulties are many have all the advantages. Those who wait until conditions slip off a cliff may find their once valuable home has lost most or all of its value and the communities they would have chosen are out of reach financially. Most people reckon they have plenty of time to act--decades, or at least many years. The problem with systemic fragility was aptly described by Seneca: "Increases are of sluggish growth but the way to ruin is rapid." My own expectation is a self-reinforcing unraveling that gathers momentum to breaking points by 2024-25, only a few years away. Rather than fix the systemic problems of inequality and scarcity, the status quo's expedient fixes (printing trillions out of thin air and hoping there will be no adverse consequences from distributing free money to financiers and bread and circuses) will only accelerate the unraveling. There may not be as much time as we think. New readers pondering these dynamics may find value in one of the more widely read of my essays, The Art of Survival, Taoism and the Warring States (June 27, 2008) which discusses the importance of being a helpful and productive member of a tight-knit community and the futility of having an isolated "bug-out" cabin as Plan C. The vista of solid ground stretching endlessly to the horizon may turn out to be a mirage, and the cliff edge is closer than we imagine. *  *  * This essay was first published as a weekly Musings Report sent exclusively to subscribers and patrons at the $5/month ($54/year) and higher level. Thank you, patrons and subscribers, for supporting my work and free website.. My new book is now available at a 20% discount this month: Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States (Kindle $8.95, print $20). If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com. Tyler Durden Sun, 01/16/2022 - 11:31.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

Tesla Reportedly Asked Its Law Firm To Fire An Attorney Who Formerly Worked At The SEC

Tesla Reportedly Asked Its Law Firm To Fire An Attorney Who Formerly Worked At The SEC The Elon Musk regulatory saga plays on... The latest chapter in the story came this weekend when it was reported that a lawyer for Tesla once asked a law firm to fire one of its attorneys in order to keep doing business with Tesla. The attorney that Tesla wanted fired was a former U.S. Securities and Exchange Commission lawyer who interviewed Elon Musk as part of the SEC's 2018 probe into Tesla, according to CNBC.  The 2018 investigation infamously led to a settlement wherein Musk and Tesla had to pay a $20 million fine each and wherein Musk had to step down as Tesla's chairman.  The firm, Cooley LLP, did not fire the lawyer.  As a result, Tesla has since moved to replace Cooley as counsel and SpaceX has also stopped working with the firm. Meanwhile, Tesla turned around and hired David Misler, a former trial attorney for the SEC, as its managing counsel.  The revelation comes just days after Musk was named Time Magazine's "Person of the Year" for 2021.  "The richest man in the world does not own a house and has recently been selling off his fortune," Time crowed about Musk last month in their reasoning, talking about him "selling off his fortune" like he's giving away his money instead of cashing out of mysteriously overpriced Tesla stock. "He tosses satellites into orbit and harnesses the sun; he drives a car he created that uses no gas and barely needs a driver," Time wrote. Apparently, Time also didn't catch any recent videos of Teslas on Autopilot. Nor do they seem to understand that Tesla - speaking of regulators - is also in the midst of a sprawling 750,000+ vehicle federal investigation into Autopilot by the NHTSA.  But we digress... Tyler Durden Sun, 01/16/2022 - 12:01.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

Kremlin Alludes To "Possibility" Of Weapons Deployment To Ukraine

Kremlin Alludes To "Possibility" Of Weapons Deployment To Ukraine.....»»

Source:  nytCategory: smallbiz~Jan 16th, 2022Related News

: Will this COVID-19 wave lead to herd immunity? Are you less likely to get sick again if you had omicron? Why this ‘milder’ variant is a double-edged sword

Epidemiologists are weighing the significance of the latest omicron wave, and wondering how — if at all — it could change the course of the pandemic......»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

The Big Move: I’m buying a home with my 74-year-old mother, but the mortgage will be in my name. How should we title the house?

'Once my mother’s house sells, she is going to give me some of her home proceeds --- $100,000, so I can recast my mortgage and lower my monthly payment.'.....»»

Source:  marketwatchCategory: top~Jan 16th, 2022Related News

Amazon, UPS, And FedEx Packages Ransacked And Stolen From Los Angeles Trains

According to recent reports, thieves have been looting cargo containers aboard trains near downtown Los Angeles.  read more.....»»

Source:  benzingaCategory: blog~Jan 16th, 2022Related News