Immunizations against smallpox, measles or Hepatitis B should last a lifetime, but that has not been the case for previous coronaviruses.
Lil Wayne had a special guest on his Young Money Radio show Friday night: Dr. Dre, the legendary producer, entrepreneur and former member of N.W.A, who, as his discography and the biopic “Straight Outta Compton” show, knows more than a little about police violence. Dre pulled no punches in discussing the ongoing wave of police […]
A photo below, courtesy of Cris Moffitt, shows a sliver of the thousands of bikes at the yard in North Carolina. Keaks (Kirsten Korosec) has been working on a big(ish) story about JUMP for the last week. Meanwhile, we noticed Superpedestrian, the startup that makes self-diagnosing electric scooters, has teamed up with Zagster.
The White House announced a so-called phot lid for Sunday, ending speculation President Donald Trump may speak to the national about the unrest over the weekend sparked by the death of George Floyd while in police custody.
Amid widespread protests against police violence across the United States, political leaders took to TV Sunday morning to call for reforms and grapple with the outbreaks of violence that have dominated news coverage of the demonstrations. "We have a lot more work to do on not just how we hire officers, but how we allow […]
THE MONEYIST Dear Moneyist, What should you do if NO ONE is wearing mask at work? My son went back to work today. Not one person, except him, is wearing a mask. What recourse does he have — without losing his job? It’s a contract company, and they place people at auto dealerships.
India on Sunday expelled two officials working at the Pakistan High Commision in New Delhi after they were held for espionage, the foreign ministry said in a statement. "Two (Pakistani) officials were apprehended on Sunday by Indian law enforcement," the ministry stated adding that the Indian government declared them "persona non grata" for indulging in activities incompatible with their status as members of a diplomatic mission. Officials at the Pakistan embassy in New Delhi were not immediately available for a comment.
(Bloomberg) -- Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after decades of subsidies that have allowed Venezuelans to essentially fill their tanks for free.Gasoline will be sold at 5,000 bolivars (2.5 U.S. cents) per liter at gas stations nationwide starting Monday, including 200 stations that will sell premium fuel at the equivalent of 50 U.S. cents a liter, Maduro said. Gasoline will be limited to 120 liters (30 gallons) per month for each vehicle.“This is a war, my dear fellow countrymen who listen to me, a brutal war,” Maduro said from the presidential palace on Saturday evening. The U.S. is “persecuting any company that brings a drop of gasoline to Venezuela.”Diesel, which is fundamental for industries and electricity power plants, will still be subsidized “100%,” Oil Minister Tareck El Aissami said in the event with Maduro. State-owned PDVSA is able to meet Venezuela’s vehicle demand, he added.The announcement follows the arrival of five Iranian tankers loaded with around 1.5 million of barrels of gasoline as Venezuela faces a crippling fuel shortage, following years of mismanagement, lack of investment and mounting U.S. sanctions.An overhaul of the country’s gasoline distribution system represents a stark shift in national culture, loosening the state’s monopoly over the country’s central asset. While PDVSA would recover millions currently lost in subsidies, gasoline price hikes are a sensitive matter for the oil-rich nation -- when prices were raised in 1989, Caracas burst into violent riots.The government announced a similar plan in 2018, but didn’t follow through. It then issued a banking card and a vehicle census for those wanting to apply for subsidized gasoline. Both will used this time, Maduro said.Want Free Gasoline? Then Go Get Your Card of the Fatherland NowVenezuelans have spent hours or even days in line for gasoline in some areas of the country as fuel shortages intensify in the past two months. Those who can afford higher prices are paying as much as the equivalent of $4 a liter in the black market.“Venezuela must charge international prices for gasoline sooner rather than later, to prevent it from being stolen from Colombia and the Caribbean,” Maduro said. “That should not be decreed or done haphazardly. It should be done through planning and strategy.”Venezuela has also granted licenses for private companies to import gasoline to supply to the 200 more expensive pumps. There will be no fuel rationing at these stations and customers will be allowed to pay using using any currency, Tareck El Aissami said on state TV on Sunday.(Adds diesel prices in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Czech firearms maker Ceska zbrojovka Group SE will make a technical listing of its shares on the Prague Stock Exchange on Monday with the view to a potential public offering later, the company said on Sunday. The handgun and rifle maker is not making any share offering at present but said in a prospectus that a public offering that may include existing and new stock may be carried out between the third quarter of 2020 and the second quarter of 2021, subject to market conditions and other factors. The company had earnings before interest, tax, depreciation and amortisation of 1.341 billion crowns ($55.35 million) in 2019, net profit from continued operations of 734 million crowns and diluted earnings per share of 25 crowns, the prospectus said.
Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim's America Movil, which has long dominated the country's telecommunications market. Rather than building infrastructure, Televisa will operate as a mobile virtual network operator, or MVNO, and begin by offering service to existing customers of its cable and home internet packages, sold under its Izzi brand. Televisa originally planned to roll out the service in September, Izzi Chief Executive Salvi Folch said in an interview.
It will be a big week for U.S. economic data with the release of the May jobs report and the Institute for Supply Management’s manufacturing index.
Brazilian planemaker Embraer SA <EMBR3.SA>, the world's third largest commercial jet builder, should obtain $600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday. The loans will finance production to meet demand for passenger planes and executive jets, they said speaking on condition they were not named. A spokesman for Embraer confirmed that the company is in talks on financing proposals from the BNDES and private bank in Brazil and abroad to aimed mainly at providing working capital to cover plane exports.
There’s been no shortage of musicians sounding off on social media, calling for an end to police violence and racism in the wake of George Floyd’s death at the hands of a Minneapolis law-enforcement officer, but as protests broke out in at least 17 cities across the United States, artists including Lil Yachty, J. Cole, […]
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Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC. The startup, formed by two former Uber Technologies Inc executives two years ago, is already backed by Uber founders Travis Kalanick and Garrett Camp, along with former Google CEO Eric Schmidt.
Colleges across the country are grappling with the fallout from the coronavirus pandemic and declining state funding, but one author says elite universities are unlikely to change their admissions policies.
Last week's wild market action showed the need for a game plan. Tesla leads five top stocks looking to break out decisively from the "friend zone."
• (AMZN) is altering its operations in a “handful of cities,” as protesters continue to demonstrate against police violence across the country, Bloomberg reported. The online retailer is reducing deliveries and shipping routes in cities such as Chicago, Los Angeles and Portland. “We are a community in pain,” Chairman and CEO Brian Cornell said in a statement.
YouTuber Jake Paul came under fire after a video emerged on Twitter of him being around looters in an Arizona mall on Saturday night. The YouTuber posted videos to his Instagram story showing him protesting outside and facing police officers who threw tear gas toward him. He captioned the video "america is in ruins" and […]
Over the next 18 months, Destination Canada will invest $30 million with Provincial and Territorial Marketing Organizations to support the recovery of communities. "Tourism is a source of pride for communities across the country.
France's coronavirus cases are continuing to decline, health officials said on Sunday, with 14,322 patients currently in hospital, down from 14,380 a day earlier. The number of COVID-19 patients in intensive care fell to 1,319 from 1,361, the health directorate said in a statement.