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Business/Economy (News/Activism)

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  • South Texas (Border) county confirms 1,274 new COVID-19 cases in one day

    07/09/2020 8:00:15 PM PDT · by BeauBo · 17 replies
    Border Report ^ | Jul 9, 2020 | Sandra Sanchez
    The South Texas border county of Hidalgo County is in a “dire situation” due to uncontrolled coronavirus cases, and will start issuing “criminal consequences” for those who are needlessly out and about, county leaders announced Thursday. Hidalgo County had a record 1,274 new COVID-19 cases on Thursday and 10 coronavirus-related deaths, Eddie Olivarez, the county’s chief administrative officer for Health and Human Services, announced during a FaceBook live event on Thursday afternoon. There are 741 COVID patients currently hospitalized, with 200 in the intensive care units... Hidalgo County Judge Richard Cortez said oxygen and ventilators were in short supply and...
  • Doctors Break Down COVID Response and the Demonization of HCQ, DOCTORS TELL ALL

    07/09/2020 2:54:49 PM PDT · by ChessExpert · 42 replies
    The Ohio Star ^ | July 1st 2020 | Dr. Simone Gold and Dr. Dan Wohlgelernter
    Gold: I decided to speak out for one very specific reason. That was I was actually presented with a definite positive COVID patient and I prescribed hydroxychloroquine because I was very up on the literature on this and I got severely reprimanded for it. I also had received from the state board threatening all doctors, I was just one with a potential investigation into me for unprofessional conduct if I was to prescribe hydroxychloroquine. This was so shocking to me and had never happened where the government told a physician if they had the right or not to prescribe an...
  • Joe Biden Vows ‘End to the Era of Shareholder Capitalism’

    07/09/2020 2:49:19 PM PDT · by Sir Napsalot · 151 replies
    Breitbart - trending ^ | 7-9-2020 | Joel B. Pollak
    Former Vice President Joe Biden delivered an economic speech in Dunmore, Pennsylvania, on Thursday in which he unveiled his economic vision, declaring an “end to the era of shareholder capitalism.” “It’s way past time to put the end to the era of shareholder capitalism. The idea the only responsibility a corporation has is its shareholders — that is simply not true, it’s an absolute farce. They have a responsibility to their workers, their community, to their country.” In place of “shareholder capitalism,” Biden proposed a more inclusive system built on the power of labor unions and on “black, brown, and...
  • Joe Biden's tax plan may wallop the stock market — here's one disturbing estimate

    07/09/2020 2:20:06 PM PDT · by lasereye · 37 replies
    Yahoo ^ | July 9, 2020 | Brian Sozzi
    Details on how former vice president Joe Biden would rebuild the U.S. economy in the wake of the COVID-19 pandemic if he were elected president in November hit the newswires on Thursday. And one thing was confirmed for many market watchers: A Biden presidency may not be so great for stock prices. “Biden will ensure that corporate America finally pays their fair share in taxes, puts their workers and communities first rather than their shareholders, and respects their workers’ power and voice in the workplace,” a Biden campaign email memo wrote Thursday. Titled “Build Back Better,” the plan is in...
  • Voters’ Choice: Growth or Stagnation

    07/09/2020 1:36:15 PM PDT · by JeepersFreepers · 6 replies
    The Wall Street Journal ^ | July 8, 2020 | Phil Gramm and Mike Solon
    Tax cuts demagogued as giveaways to the rich were creating higher wages and bonuses for workers and producing the lowest unemployment rates on record for blacks, Hispanics, single women, the disabled and those with criminal records. Wages at the bottom were growing faster than at the top. Real median weekly wages have risen six times as much in three years under Mr. Trump’s policies as they did in eight years under Mr. Obama’s policies. Labor-force participation has risen by 1.1% under Mr. Trump while it fell by an astounding 4.6% under Mr. Obama. In the first three years of the...
  • Robinhood Has Lured Young Traders, Sometimes With Devastating Results

    07/09/2020 1:14:43 PM PDT · by rintintin · 51 replies
    NY Times ^ | July 8 2020 | Nathaniel Popper
    Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behavior changed in 2017 when he signed up for Robinhood, a trading app that made buying and selling stocks simple and seemingly free. Mr. Dobatse, now 32, said he had been charmed by Robinhood’s one-click trading, easy access to complex investment products, and features like falling confetti and emoji-filled phone notifications that made it feel like a game. After funding his account with $15,000 in credit card advances, he began spending more time on the app. As he repeatedly lost money, Mr. Dobatse took out...
  • Thursday's Insanity Wrap: Cancel Culture Comes for Orwell, Biology Is Transphobic

    07/09/2020 10:50:21 AM PDT · by Red Badger · 18 replies ^ | Jul 09, 2020 12:16 PM EST | By Stephen Green
    Cancel Culture is about to claim another scalp: George Orwell. And that’s just the first news item in today’s edition of Insanity Wrap. I hope you’re sitting down, because in addition to Orwell, we also have biological sex as white oppression and our future as human-dolphin hybrids. If you thought yesterday’s Insanity Wrap was crazy, you haven’t had to wrap your brain around nothin’ yet. Let us go now to Twitter, where “journalist, writer, filmmaker, and musician” Ben Norton apparently felt the iron was finally hot enough to re-pimp his 2016 cancel culture essay ridiculing 1984 and Animal Farm author...
  • Adult in the Room: Ford CEO Responds to Employees' Demands to Stop Making Police Vehicles

    07/09/2020 10:33:45 AM PDT · by rktman · 9 replies ^ | 7/9/2020 | Bryan Preston
    Ford employees have asked the automaker to stop building police cars, according to a Jalopnik report published Wednesday. The request comes as countless Black Lives Matter protests continue throughout America and around the globe, sparked by the killing of George Floyd. “Throughout history, the vehicles that Ford employees design and build have been used as accessories to police brutality and oppression,” workers wrote in a letter to Ford CEO Jim Hackett and Chairman Bill Ford, according to Jalopnik. “We know that while many join, support or supply law enforcement with good intentions, these racist policing practices that plague our society...
  • Rare brain-eating amoeba infection reported in Florida

    07/09/2020 10:17:44 AM PDT · by Red Badger · 36 replies ^ | 1:22 pm, July 4, 2020 | Staff
    TAMPA, Fla. – The Florida Department of Health (DOH) confirmed that one person in Hillsborough County has been infected with Naegleria fowleri, a water-borne microscopic single-celled amoeba that attacks the brain. The amoeba can cause a rare infection of the brain called primary amebic meningoencephalitis (PAM) which destroys brain tissue and is usually fatal. Infections can happen when contaminated water enters the body through the nose. Once the amoeba enters the nose, it travels to the brain where it causes PAM, according to the DOH. The DOH did not specifically say where in Hillsborough County this latest infection was reported;...
  • 11th case of dengue fever confirmed in the Florida Keys

    07/09/2020 10:10:48 AM PDT · by Red Badger · 25 replies ^ | Posted 8:39 am, July 9, 2020 | Staff
    KEY LARGO, Fla. — An 11th case of the mosquito-borned dengue fever has been confirmed in the Florida Keys, health officials said. So far, all 11 cases have been in Key Largo, including 8 cases the last week of June, the Florida Department of Health officials said Tuesday. Officials are “currently conducting epidemiological studies to determine the origin and extent of these infections,” Florida Keys spokeswoman Alison Kerr told the Miami Herald. The latest patient has been treated and is expected to make a complete recovery, Kerr said. Health department officials believe all of the cases were locally acquired, the...
  • Biden-Sanders ‘Unity’ Platform Pledges to Close ANWR Again, Reversing Trump

    07/09/2020 9:23:24 AM PDT · by rktman · 10 replies ^ | 7/9/2020 | Joel B Pollak
    Former Vice President Joe Biden released a set of policy recommendations on Wednesday that included a proposal to close the Arctic National Wildlife Refuge (ANWR) to oil and gas exploration and development. ANWR was signed into law by President Jimmy Carter in 1980. But local biologists joked that Congress had confused ANWR with another large bloc of federal land in northern Alaska, the National Petroleum Reserve-Alaska (NPR-A), because ANWR had more oil and NPR-A had more wildlife.
  • LIVE: Press Secretary Kayleigh McEnany Holds a Briefing, 1:30pm EDT

    07/09/2020 9:21:32 AM PDT · by upchuck · 27 replies
    White House ^ | July 9, 2020
    Kayleigh's suiting up for another win over the ignorant presstitutes :)
  • Finally, An Adult in the Room: Ford CEO Responds to Employees' Demands to Stop Making Police Vehicles

    07/09/2020 8:44:20 AM PDT · by SeekAndFind · 67 replies
    PJ Media ^ | 07/09/2020 | Bryan Preston
    Jalopnik reports that a group of Ford Motor Company employees want the auto giant to stop making vehicles for police. Ford employees have asked the automaker to stop building police cars, according to a Jalopnik report published Wednesday. The request comes as countless Black Lives Matter protests continue throughout America and around the globe, sparked by the killing of George Floyd. Jalopnik fails to report that since the protests devolved into riots and “defund the police” swept across the nation, violent crime and murder have surged in several major cities, including New York, Chicago, Baltimore, and Seattle.The employee letter...
  • Australia offers safe haven to Hong Kongers, sparking China fury

    07/09/2020 5:32:04 AM PDT · by Oldeconomybuyer · 19 replies
    France24 ^ | July 9, 2020
    Sydney (AFP) -- Australia offered pathways to permanent residency for thousands of people from Hong Kong on Thursday in response to China's crackdown on dissent, drawing a furious reply from Beijing. Prime Minister Scott Morrison said his government was suspending its extradition agreement with the city and, in addition to extending the visas of 10,000 Hong Kongers already in the country, threw open the door to thousands more wanting to start a new life Down Under. Morrison said the decisions were taken in response to China's imposition last week of a tough new security law in Hong Kong, which he...
  • Back clean energy post-virus, UN chief urges leaders

    07/09/2020 5:25:23 AM PDT · by Oldeconomybuyer · 6 replies
    France24 ^ | July 9, 2020
    Paris (AFP) -- United Nations chief Antonio Guterres on Thursday urged world leaders to favour clean energy solutions as they pour money into their economies to save them from a coronavirus-induced meltdown. Governments should exit coal, stop subsidising other fossil fuels, and pressure polluting industries to clean up their act in exchange for bailing them out, the UN Secretary-General told an International Energy Agency conference by video link. "Today I would like to urge all leaders to choose the clean energy route for three vital reasons -- health, science and economics," Guterres said. "Bailout support to sectors such as industry,...
  • Remarks of Mexican president (USMCA) translation

    07/09/2020 4:48:01 AM PDT · by Dana1960 · 1 replies
    This is a translation of the Mexican president's remarks during the Rose Garden ceremony
  • Goldman warns delayed election results this November similar to Bush-Gore could rock the market

    07/09/2020 4:34:33 AM PDT · by MeneMeneTekelUpharsin · 18 replies
    CNBC News ^ | 8 July 2020 | Pippa Stevens
    Goldman Sachs is warning that the presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November. “Given the several-week delay in finalizing the results of the 2000 presidential election ... the elevated volumes of mail-in ballots used in recent primary elections, and potential for increased mail in ballots this November, we see heightened risk that election-related volatility could extend beyond Election Day,” Kostin said in a note to clients Tuesday night. Kostin said options market traders seem to believe the next president might not be...
  • Scientists scoff at Indian agency's plan to have COVID-19 vaccine ready for use next month (WAIT, you can't do that!!!)

    07/09/2020 3:49:41 AM PDT · by cba123 · 16 replies
    Science Magazine ^ | July 6, 2020 | By Sanjay Kumar
    NEW DELHI—The apparent speed at which an Indian government agency aims to test and approve a homegrown COVID-19 vaccine has created an uproar among scientists both in India, which is increasingly overwhelmed by the new coronavirus, and abroad. A letter leaked on Twitter on Friday suggests the first vaccines could be rolled out by 15 August, which would leave far too little time for proper testing, critics say. The Indian Academy of Sciences calls the timeline “unreasonable and without precedent.”
  • More drugmakers recall metformin products after finding they contain carcinogen

    07/08/2020 6:27:54 PM PDT · by buckalfa · 29 replies
    Becker's Hospital Review ^ | July 8, 2020 | Maia Anderson
    Two more drugmakers have recalled their metformin products following an FDA warning that it found unacceptable levels of a carcinogen in the drugs. Lupin Pharmaceuticals, based in Mumbai, India, is recalling all lots of its metformin extended-release tablets after finding certain batches were above the acceptable daily intake level for N-Nitrosodimethylamine, NDMA, a carcinogen. Metformin is the generic name for a type of drug that is used to improve blood glucose control in adults with Type 2 diabetes. Granules Pharmaceuticals, based in Hyderabad, India, is recalling 12 lots of its metformin tablets for the same reason. Neither drugmaker said they...
  • COVID-19: Colorado Has Second-Most Virus Restrictions, Study Says

    07/08/2020 4:24:06 PM PDT · by george76 · 23 replies
    Westword, ^ | JULY 7, 2020 | MICHAEL ROBERTS
    For months, Governor Jared Polis and other state officials have been accused of picking winners and losers through public-health orders announced to stop the spread of COVID-19. Polis's decision to shut down bars and clubs statewide mere weeks after their limited reopenings has renewed that criticism — and it's likely to continue with news that he's now extended Colorado's emergency order to thirty days from July 6 ... Now comes more fuel for the fire: a just-released study that found Colorado has the second-most restrictive COVID-19 rules among the fifty states and the District of Columbia. ... Colorado's current overall...