Saturday January 29-th, 2022

Roche Covid-19 Antibody Test Gets FDA Emergency-Use Approval Roche Covid-19 Antibody Test Gets FDA Emergency-Use Approval

Governments are trying to learn how many people have been exposed to Covid-19 as they reopen economies and end social-distancing measures. Hospitals and reference laboratories can run the Elecsys Anti-SARS-CoV-2 test on one of Roche's analysis pl...

Russian Federation reports nearly 10 000 new coronavirus cases Russian Federation reports nearly 10 000 new coronavirus cases

Moscow recorded 5,948 new cases, bringing the capital's total to 68,606. People in Moscow can leave home to visit the nearest food shop or chemist, walk their dog or throw out rubbish but need special passes for other activities. "The new order, w...

IRS Denies Deductions for Forgiven Paycheck Protection Loans IRS Denies Deductions for Forgiven Paycheck Protection Loans

Authorities said Thursday they are looking into claims involving the Paycheck Protection Program that ineligible businesses may have improperly received government-funded loans. The loans, part of the government's $2 trillion relief coronavirus ...

Mitt Romney Proposes Hazard Pay Plan For Essential Workers Mitt Romney Proposes Hazard Pay Plan For Essential Workers

He's calling it "Patriot Pay" and it would be in effect for May, June, and July. "As long as they're putting in one quarter of the amount, that pretty much assures that they'll be paying attention to it - being careful" that only essential workers ...

Delta, United, American Airlines will require all passengers to wear face masks Delta, United, American Airlines will require all passengers to wear face masks

American, Delta and United Airlines will now require face coverings on all flights. All American Airlines flight attendants are now required to wear face masks. Delta airlines travelers will be requires to wear face coverings in check-in lobbi...

McDonald's Q1 profits fall after March sales plunge McDonald's Q1 profits fall after March sales plunge

Earlier on 19 April , McDonald's Singapore suspended its restaurant operations in all its outlets, including McDelivery and Drive-Thru until 4 May, after some of its employees were tested positive for the COVID-19 disease. However, the limited men...

Warren Buffett's company Berkshire Hathaway sells USA airline shares Warren Buffett's company Berkshire Hathaway sells USA airline shares

Warren Buffett is planning to lead an unusual annual meeting Saturday afternoon without any of the roughly 40,000 shareholders who typically attend, but the investor will offer some of the commentary that draws the huge crowds. Berkshire's cash stak...

Oil Price Forecast: WTI extends Wednesday's double digit rally, trades above $16 Oil Price Forecast: WTI extends Wednesday's double digit rally, trades above $16

Even after major oil producers led by Saudi Arabia agreed to slash production by almost 10 million barrels per day (bpd), USA crude futures closed on April 20 at a record low in negative territory. "Oil prices rallied as investors continue to see a s...

"New SAA" - What will be different

The National Union of Metalworkers of South Africa and the South African Cabin Crew Association argue that as the business-rescue practitioners have not submitted their recovery plan for SAA, widespread job cuts are inappropriate, according to News24...

Canada appoints new central bank governor Canada appoints new central bank governor

The Bank of Canada has not forgotten about financial vulnerabilities as it responds to the coronavirus pandemic and low oil prices, Poloz said on Thursday, noting the central bank's balance sheet had tripled. Ahead of his appointment, Macklem had bee...

European Central Bank holds euro zone interest rates steady European Central Bank holds euro zone interest rates steady

Measures to contain the spread of the COVID-19 have "largely halted economic activity in all the countries of the euro area and across the globe" and caused a profound deterioration in labour market conditions, Lagarde said. "The best tool we have in...

Amazon, Walmart, Target Strike: Workers Protesting for Protection in COVID-19 Pandemic Amazon, Walmart, Target Strike: Workers Protesting for Protection in COVID-19 Pandemic

Palmer took part in the protest outside of the JFK8 Amazon warehouse a few weeks ago, where two workers were quarantined after contracting coronavirus. "The fact is that today the overwhelming majority of our more than 840,000 employees around the ...

Warren Buffett abandons US airlines with a $6B billion stock sale Warren Buffett abandons US airlines with a $6B billion stock sale

The company shifted to an online meeting and cancelled all of the events surrounding the event because of the coronavirus outbreak. "It's going to be a unusual annual meeting", said Andy Kilpatrick, a retired stockbroker who wrote a Buffett biograp...

Alberta proposes to start reopening economy by mid-May Alberta proposes to start reopening economy by mid-May

The staged plan will then be put in place a couple of weeks later, ideally, as long as several safeguards are established: enhancing COVID-19 testing, supporting positive cases with isolation, strengthening borders and airport screening, establishing...

Ryanair to cut 3,000 jobs as coronavirus grounds flights Ryanair to cut 3,000 jobs as coronavirus grounds flights

Ryanair's planning to cut up to 3,000 jobs because of the "unprecedented" coronavirus pandemic. Ryanair also said it will cutting the number of planned aircraft deliveries over the next 24 months as it anticipates a "slower and more distorted Eur...

Buffett's Berkshire posts almost $50 billion loss on coronavirus, operating profit rises Buffett's Berkshire posts almost $50 billion loss on coronavirus, operating profit rises

A year earlier, net earnings totaled $21.66 billion, or $13,209 per share. Its operating earnings, a measure that Buffett prefers to focus on, rose almost 6 percent to $5.9 billion in the quarter. Berkshire said it bought only a net US$1.8 billion ...

Oil rises further above US$26 as OPEC+ begins record cuts

Brent for July had climbed 14 cents, or 0.5%, to US$26.62 by 1336 GMT. Russian Federation raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfax r...

Lyft lays off almost 1,000 employees Lyft lays off almost 1,000 employees

Uber shares are also up at $31.64 apiece. The company is also initiating pay cuts that will affect all of its non-hourly workers. According to the report , executives will have a 30 percent salary reduction, vice presidents will have a 20 per...

Johnson and Symonds name baby son Wilfred Lawrie Nicholas Johnson and Symonds name baby son Wilfred Lawrie Nicholas

But what's in a name? Sharing a photo of herself cradling her newborn on her private Instagram account on Saturday, Carrie revealed that she and Boris used their son's name to pay a fitting tribute to their grandfathers and the doctors who helped s...

Berkshire Hathaway didn't buy the coronavirus dip Berkshire Hathaway didn't buy the coronavirus dip

Berkshire Hathaway Inc . said it lost $49.7 billion, or $30,653 per Class A share , during the first quarter. A year earlier, net earnings totaled $21.66 billion, or $13,209 per share. By that measure, Berkshire's operating earnings improved to $5...

Top BitMEX Trader Who Predicted $30,000 Bitcoin (BTC) Price Feels 2017 Vibes

On the Binance cryptocurrency exchange, BTC grew by 17.13% for the last 24 hours - for the first time since February 25, 2020, Bitcoin managed to get to the $9460 mark. Meanwhile, other major cryptoassets like ethereum (ETH ), bitcoin Cash (BCH )...

United States intelligence community says COVID-19 not 'manmade' United States intelligence community says COVID-19 not 'manmade'

President Trump , when asked whether he considered stopping Chinese debt payments, said: "Well, I can do it differently". "I think the World Health Organization should be ashamed of themselves because they're like the public relations agency for Chi...

Trump Claims Pandemic Began in Chinese Laboratory, Offers No Evidence

The president, however, refused to provide any details, except for saying that investigations are on and it would be out soon. The Chinese government-backed Wuhan Institute of Virology has denied allegations it was the source of the initial COVID-1...

Tesla Shares Fall as Musk Reassesses His Life Tesla Shares Fall as Musk Reassesses His Life

Tesla CEO Elon Musk apparently said Friday morning on Twitter that his company's stock price is "too high", and also seemed to be criticizing government-ordered shutdowns due to the coronavirus. Tesla's factory in Fremont, California, has been fo...

Walmart gives KS employees $2 million in bonuses

The bonuses were created to recognize the "hard work of our associates as COVID-19 spreads and to help provide more cash in hand for them sooner", Walmart Chief People Officer Donna Morris said . Walmart says it has also hired 200,000 associates for...

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