A loose network of Facebook groups that took root across the country in April to organize protests over coronavirus stay-at-home orders has become a hub of misinformation and conspiracy theories that have pivoted to a variety of new targets. Their latest: Black Lives Matter and the nationwide protests of racial …
Read More »China says G4 swine flu virus not new; does not infect humans easily
China’s Ministry of Agriculture and Rural Affairs said on Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or sicken humans and animals easily, rebuffing a study published earlier this week. That study, by a team of Chinese scientists and published by …
Read More »Remdesivir: EU authorises coronavirus drug for use after US bulk buys almost world’s entire supply
Officials in Brussels have approved remdesivir to treat severe cases of Covid-19, just days after the US effectively stockpiled the world’s entire supply of the antiviral medication. “We will leave no stone unturned in our efforts to secure efficient treatments or vaccine against the coronavirus,” EU health commissioner Stella Kyriakides …
Read More »Boeing Set to End the 747 after over Half a Century of Production
US aerospace giant Boeing will reportedly stop making its iconic 747 aircraft for good after it completes the last of the 16 jets currently on order. Covid-19 has crippled an already declining market for the plane. The final 747 is now expected to roll out of the company’s Seattle-area factory …
Read More »Oil falls below $43 on virus fears, still heads for weekly gain
Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery. The United States reported more than 55,000 new coronavirus cases …
Read More »Zuckerberg: Advertisers will be back to Facebook ‘soon enough’
As the ads boycott grows, Mark Zuckerberg shows no sign of backing down. “My guess is that all these advertisers will be back on the platform soon enough” the Facebook chief executive has said. Campaigners accuse the tech firm of being too slow and reluctant to remove some hateful content. …
Read More »Saudi threatens new oil-price war with OPEC members
Saudi Arabia has issued a dire warning with OPEC members, Nigeria and Angola, warning that it would ignite an oil-price war with them unless they toe the line. In June, OPEC+ members agreed to continue reducing production in an effort to boost oil prices and what they did has helped …
Read More »Gap in US Black and white unemployment rates is widest in five years
The gap between the U.S. unemployment rates for Blacks and whites widened further in June, to its largest in five years, underscoring the uneven nature of the nascent recovery from the historic job losses triggered by the coronavirus pandemic. Jobless rates for both groups fell in June, but the rate …
Read More »Official Announcement: Achraf
Real Madrid C. F. and Inter Milan have reached an agreement over the transfer of Achraf Hakimi. The club wishes to thank Achraf for his many years of dedication, professionalism and exemplary conduct since he joined our academy in 2006 and wishes him all the very best in this new …
Read More »World food price index rises in June, first increase in 2020: UN
World food prices rose in June to post their first increase of 2020 and mark a slight rebound after the sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a …
Read More »Home-developed breast cancer drug first prescribed in China
Chinese doctors have given their patients the first sheets of prescriptions of a new, home-developed breast cancer drug. In Beijing, Inetetamab, a targeted injection drug for metastatic HER2-positive breast cancer patients, was first prescribed in the cancer hospital of the Chinese Academy of Medical Sciences on Wednesday, 12 days after …
Read More »Twitter removes image tweet by Trump over NYT copyright complaint
Twitter Inc has taken down an image tweeted by the U.S. President Donald Trump from its platform, after receiving a copyright complaint from the New York Times. The original tweet by Trump issued on June 30, showed a meme that read “In reality, they’re not after me they’re after you …
Read More »Pizza Hut and Wendy’s Operator NPC Files for Bankruptcy
NPC International Inc., the largest franchisee of Pizza Hut restaurants in the U.S., filed for bankruptcy after coronavirus-related shutdowns added to competitive pressures in the restaurant industry. The closely held company sought Chapter 11 protection in the Southern District of Texas court on Wednesday. NPC, founded in 1962, operates 1,227 …
Read More »Oil rises over 1% on U.S. crude stockpile draw, manufacturing activity
Oil prices rose more than 1% on Wednesday following a drawdown in U.S. crude inventories from record highs and a string of positive manufacturing data, but a surge in coronavirus cases tempered gains. Brent crude LCOc1 rose 76 cents, or 1.8%, to settle at $42.03 a barrel. U.S. crude CLc1 …
Read More »USMCA trade deal enters into force, replacing NAFTA
The U.S.-Mexico-Canada Agreement (USMCA) officially entered into force on Wednesday, replacing the 26-year-old North American Free Trade Agreement (NAFTA). “Today marks the beginning of a new and better chapter for trade between the United States, Mexico, and Canada,” U.S. Trade Representative (USTR) Robert Lighthizer said in a statement, adding the …
Read More »In unusual deal, U.S. Treasury to acquire 30 percent of a trucking company in exchange for $700 million loan
The Treasury Department announced on Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company. Under the unusual arrangement, the Treasury Department will provide the emergency loan to YRC Worldwide …
Read More »Volvo makes its biggest car recall ever, affecting over 2 million vehicles globally
Chinese-owned Swedish car manufacturer Volvo is recalling nearly 2.2 million vehicles worldwide over concerns that the seatbelts could be less effective over time. The recall is the biggest ever for the brand. The company’s press spokesman, Stefan Elfstrom, told Swedish media that it discovered the “rare” problem with the seatbelts …
Read More »COVID-19: BioNTech and Pfizer vaccine shows potential in early human trials
A COVID-19 vaccine developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer has shown potential and was found to be well tolerated in early-stage human trials, the companies said on Wednesday. The drug is one of 17 being tested on humans in a frantic global race to find …
Read More »Following a variety of healthy eating patterns associated with lower heart disease risk
Greater adherence to a variety of healthy eating patterns was associated with a lower risk of cardiovascular disease (CVD), according to new research led by Harvard T.H. Chan School of Public Health. The findings add support for the 2015-2020 Dietary Guidelines for Americans, which focus on healthy eating patterns rather …
Read More »U.S. employers announced more job cuts in June: report
U.S. employers announced an additional 170,219 job cuts in June as the recession caused by the COVID-19 depresses demand and pushes companies into bankruptcy, a report showed on Wednesday. Though the layoffs reported by global outplacement firm Challenger, Gray & Christmas were down 57% from May, they jumped 306% compared …
Read More »