Friday January 28-th, 2022

Another 712,000 Americans filed for unemployment benefits last week Another 712,000 Americans filed for unemployment benefits last week

Since last March 21, when the coronavirus pandemic began to hit Georgia's economy hard, the labor department has paid out more than $16 billion in unemployment benefits to nearly 4.1 million Georgia claimants, more than the last nine years combined...

Google Artificial Intelligence researcher's exit sparks ethics Google Artificial Intelligence researcher's exit sparks ethics

She didn't share the contents of that email. This request, combined with an email regarding Google's alleged failure to hire women over the course of the pandemic, are allegedly what led the company to fire Dr. "There is no way more documents or more...

After being fined by U.S., Hyundai recalls more vehicles After being fined by U.S., Hyundai recalls more vehicles

The recall covers certain 2012 Santa Fe SUVs, 2015 and 2016 Veloster cars, and Sonata Hybrid cars from 2011 through 2013 and 2016. Hyundai and affiliated Korean automaker Kia have been under scrutiny from government agencies in the United States ...

More record highs for stocks as hopes grow for economic aid More record highs for stocks as hopes grow for economic aid

The Dow Jones Industrial Average, Nasdaq composite and Russell 2000 index of smaller companies also closed at record highs. The U.S. Labor Department report showed that 245,000 jobs were created in November, marking the smallest monthly gain si...

Light-based quantum computer

Chinese researchers estimated that their China quantum computer is about 100 trillion times faster than most advanced supercomputers . "Quantum computational advantage is like a threshold", said Lu Chaoyang, professor of the University of Science...

Nancy Pelosi admits she blocked COVID relief bill for months

Support is growing in Congress along with a sense of urgency to rally around a $908 billion compromise emergency coronavirus relief package in light of Friday's report by the Bureau of Labor Statistics that the recent rebound in jobs slowed in No...

Covid-19: Bahrain becomes second country to approve Pfizer-BioNTech vaccine Covid-19: Bahrain becomes second country to approve Pfizer-BioNTech vaccine

Moderna said Thursday it expects to have 100-125 million doses of its vaccine available in the first quarter of 2021. "The business secretary called Britain's medical regulator "absolutely meticulous", as U.S. "However, if a suitable COVID-19 vacci...

Boeing Lands Milestone Max Order from Ryanair Boeing Lands Milestone Max Order from Ryanair

The Federal Aviation Administration (FAA) cleared the Boeing 737 Max to return to the skies in mid November 2020. Boeing CEO Dave Calhoun vowed that the USA aerospace giant had "recommitted" to safety to ensure that such devastating accidents never...

Macquarie Buys Waddell & Reed for $1.7 Billion in US Push Macquarie Buys Waddell & Reed for $1.7 Billion in US Push

The firm's recent organic growth rate has been "far worse than its publicly traded peers, and active managers overall", Morningstar Inc. analyst Greggory Warren said in a note. Macquarie employs about 2,700 people in the Americas, and managed around ...

'High-value' business travellers to be exempt from quarantine in England 'High-value' business travellers to be exempt from quarantine in England

England allows global visitors from the dozens of places it includes on a frequently updated list of "travel corridor" countries. These include trips that create or preserve at least 50 United Kingdom jobs. It added: "PHE (Public Health England) do...

‘Good chance’ of Brexit trade deal in coming days, says Ireland’s Coveney ‘Good chance’ of Brexit trade deal in coming days, says Ireland’s Coveney

Barnier has been locked in trade talks with his United Kingdom counterparts in London for a week and is now preparing to head back to consult on the final terms of a potential agreement with European Commission President Ursula von der Leyen and amba...

Opec+ agrees output hike from January Opec+ agrees output hike from January

OPEC and its allies, an oil group known as OPEC+ led by Saudi Arabia and Russian Federation, agreed in April to slash output by 9.7 million bpd for May and June as the COVID-19 pandemic ravaged demand, and decided in June to extend the first phase ...

HDFC Bank feels RBI wrath over power outage HDFC Bank feels RBI wrath over power outage

Reserve Bank of India or RBI has ordered HDFC Bank to stop issuing new credit cards, and stop all new digital activities immediately. The regulator also asked HDFC Bank to ensure that its board "examines the lapses and fixes accountability".

MPC meet: RBI may keep interest rates unchanged over inflation concerns MPC meet: RBI may keep interest rates unchanged over inflation concerns

The RBI's MPC will release its resolution on the monetary policy on December 4. RBI has a inflation target of 4 per cent, within the range of 2 per cent to 6 per cent. " Inflation spiked to 7.6% in October on rising food prices, making the MPC...

Services PMI grows for the 2nd month Services PMI grows for the 2nd month

The Caixin/Markit services Purchasing Managers' Index (PMI) rose to 57.8, the second highest reading since April 2010, from October's 56.8. Britain's economy suffered a record 25% fall in output during the first lockdown in March and April, but the...

Pelosi, Schumer joint statement on need for bipartisan coronavirus relief

On the Senate floor Wednesday, Mr. Schumer said Mr. McConnell "should not waste the Senate's time on another inadequate, partisan proposal, and instead should sit down with Democrats to begin a true, bipartisan effort to quickly meet the needs of the...

Trump, Kushner properties nabbed $3.65 million in PPP loans Trump, Kushner properties nabbed $3.65 million in PPP loans

Previous disclosures of PPP loan data showed that the program was falling fall short of the Trump administration's claims of its success. Officials from the Treasury Department and the Small Business Administration have argued that the program prim...

Biden names 7 member all women White House comms team Biden names 7 member all women White House comms team

Harris lauded the incoming communications staff as "a barrier-shattering team". She previously worked at the Motion Picture Association of America as VP of corporate communications, after serving as spokeswoman for John Edwards' 2008 presidential cam...

Mcconnell, White House in Talks for New Relief Bill Mcconnell, White House in Talks for New Relief Bill

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer are backing a $908 billion coronavirus relief proposal. "Of course, we and others will offer improvements, but the need to act is immediate and we believe that with good-faith ...

Angela Merkel ‘still hopeful’ for a Brexit deal Angela Merkel ‘still hopeful’ for a Brexit deal

Just 30 days before Britain leaves the EU's orbit following a standstill transition period since it formally quit the bloc, the sides are trying to agree a trade deal to avoid a rupture that could snarl nearly $1tn in annual trade. "If we failed to...

Mitch McConnell circulating new coronavirus relief proposal crafted by GOP leadership Mitch McConnell circulating new coronavirus relief proposal crafted by GOP leadership

He wants a relief bill to pass Congress now, with more aid to come next year. The latest GOP legislation, according to a draft obtained by NJ Advance Media, mirrored two earlier Republican-drafted bills that failed to get enough support to pass the...

England's lockdown will lift next week, but many pubs will stay closed England's lockdown will lift next week, but many pubs will stay closed

And that means the more than 23 million people who live in the most restricted tier still face a ban on one of the nation's favored activities: a visit to the pub . Of these, 315 are in Tier Three in England and 51 are in Northern Ireland and Scotla...

Wall Street mixed as vaccine hopes collide with poor jobs data Wall Street mixed as vaccine hopes collide with poor jobs data

Republicans and Democrats in Congress remained unable to reach agreement on fresh relief for a pandemic-hit USA economy, although some investors said bad economic news could spur policy makers to push harder for a deal. The vaccine is the world's fir...

OECD sees sharper-than-expected retreat for S. Korean economy this year OECD sees sharper-than-expected retreat for S. Korean economy this year

But it forecasts the world economy to snap back with 4.2 percent growth in 2021. This gives the organisation grounds to improve its assessment of the global economic downturn this year to a 4.2% decrease set against a previous estimate in Septemb...

Facebook to foray further in e-commerce with acquisition of Kustomer Facebook to foray further in e-commerce with acquisition of Kustomer

According to reports by PitchBook , Kustomer's last valuation amounts to Dollars 710 million and the company also raised USD 174 million in a private equity funding round from existing investors including Boldstart Ventures, Tiger Global Managemen...

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