Tamera Mowry-Housley paid loving tribute to her niece Alaina Housley, who died in a mass shooting at the Borderline Bar and Grill in Thousand Oaks, Calif., two years ago.
Tamera Mowry-Housley paid loving tribute to her niece Alaina Housley, who died in a mass shooting at the Borderline Bar and Grill in Thousand Oaks, Calif., two years ago.
U.S. President-elect Joe Biden spoke with U.N. Secretary-General Antonio Guterres on Monday, Biden's transition team said, discussing the need for a "strengthened partnership" to combat COVID-19 pandemic and climate change - two areas where President Donald Trump shunned a multilateral approach. Trump has referred to climate change as a "hoax" and in 2017 pulled the United States out of a global accord to tackle climate change - a decision which took effect on Nov. 4.
___This holiday season, everyone is shopping from homeNEW YORK (AP) — The viral pandemic is accelerating a transformation of America’s holiday shopping season. Few people showed up to the mall this weekend, with pandemic-wary shoppers staying home to shop online. The result? Overall holiday sales are projected to rise a slight 0.9% in November and December — and even that modest gain will be due to an explosion in online shopping, according to the research firm eMarketer. It expects online sales to jump nearly 36%, while sales at physical stores fall 4.7%. Once the final numbers are tallied up, Cyber Monday is projected to become the biggest online shopping day in American history.___Biden names liberal econ team as pandemic threatens workersWILMINGTON, Del. (AP) — With unemployment still high and a new economic slump possible this winter, President-elect Joe Biden has announced a liberal team of economic advisers. His picks have long focused on workers, inequality, and the disadvantaged. Janet Yellen, Biden’s nominee for treasury secretary, served as chair of the Federal Reserve from 2014 to 2018, when she placed a greater emphasis than previous Fed chairs on maximizing employment, and less focus on price inflation. Biden also named Cecilia Rouse as chair of the council of economic advisers, and Heather Boushey and Jared Bernstein as members of the council. All are outspoken supporters of more stimulus spending to boost growth and government efforts to address economic inequality.___Moderna asking US, European regulators to OK its virus shotsModerna Inc. says it will ask U.S. and European regulators to allow emergency use of its COVID-19 vaccine as new study results confirm the shots offer strong protection. Multiple vaccine candidates must succeed for the world to stamp out the coronavirus pandemic. Moderna is just behind Pfizer and its German partner BioNTech in seeking to begin vaccinations in the U.S. in December. The Massachusetts company revealed the new results Monday. It says of 196 COVID-19 cases so far in its huge U.S. study, only 11 were trial participants who received the real vaccine. Thirty people got severely ill, and all of them got the placebo.___Powell says pace of economic improvement has moderatedWASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.” In remarks released by the Fed on Monday, Powell said that the increase in new COVID-19 cases both in the United States and abroad was “concerning and could prove challenging for the next few months. A full economic recovery is unlikely until people are confident that it is safe to reengage in a broad range of activities.” Powell said while progress on developing vaccines had been “very positive,” significant challenges remained regarding the timing, production and distribution of the vaccines and it remained difficult to assess the economic implications of this process with any degree of confidence.___Congress returns with virus aid, federal funding unresolvedWASHINGTON (AP) — Congress is returning to Washington for one last attempt at deal-making this year. The only absolute must-do is preventing a government shutdown on Dec. 11. But lawmakers are also debating whether to deliver another round of coronavirus relief before President Donald Trump leaves office. A virus bill would provide funding for vaccines and testing, for reopening schools and for helping small businesses. But the parties remain divided on the details and the cost. Failure to pass a measure would push virus aid to the top of President-elect Joe Biden’s legislative agenda.___Holiday air travel surges despite dire health warningsThe TSA says nearly 1.2 million people went through U.S. airports on Sunday. That’s the highest number since the coronavirus pandemic gripped the country back in March. And the uptick came despite the pleadings of public health experts for people to stay home over Thanksgiving to limit further spreading the virus. The Transportation Security Administration screened at least 1 million people on four of the last 10 days through Sunday. But that’s still far lower than normal. Last year, airport crowds often topped 2 million people per day over the Thanksgiving period.___GM rethinks planned stake in electric vehicle maker NikolaNEW YORK (AP) — General Motors will no longer be taking stake in the electric vehicle company Nikola which announced Monday that it would scuttle one of its marquee vehicles, an electric and hydrogen-powered pickup that was to be called the Badger. Shares of Nikola plunged 26%. Nikola released updated terms between the companies for a supply agreement related to GM’s fuel-cell system. The new deal excludes an 11% stake in Nikola for GM. The initial agreement would also have allowed Nikola to use GM’s new battery electric truck underpinnings for the Badger. With that agreement off, Nikola said Monday that it will begin refunding all deposits made by customers for first dibs on the pickup.___Zoom reports big 3Q gains, but slowing growth sinks stockSAN RAMON, Calif. (AP) — Zoom’s videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build upon its recent success after a vaccine enables people to intermingle again. Zoom highlighted its head-spinning success story again Monday with the release of its quarterly results for the August to October period. Both revenue and profit soared above analysts’ estimates expectations, but Zoom’s high-flying stock sank more than 4% in extended trading as the number of additional companies signing up for subscriptions dropped off significantly from the two previous quarters.___IMF: Greek debt sustainable despite pandemic-linked spikeATHENS, Greece (AP) — The International Monetary Fund says Greece’s huge public debt remains sustainable in the medium term despite “unprecedented uncertainty” to all sectors of the economy due to the pandemic. Following completion of a new round of monitoring discussions with Athens, the IMF said Monday that Greece’s economy is expected to contract 9.5% this year before expanding 5.7% in 2021. The public debt will reach a record high 208% of GDP this year, before decreasing to 199% in 2021 — compared to an already high 181% last year. The IMF, together with Greece’s European bailout creditors, continues to monitor the country’s economy beyond the end of the 2010-2018 financial crisis and rescue loan program.___Philip Green’s retail empire Arcadia calls in administratorsLONDON (AP) — British retail empire Arcadia Group, which owns well-known fashion chains including Topshop, has gone into bankruptcy protection, putting 13,000 jobs at risk. In another blow to a retail industry hammered by the coronavirus pandemic, Arcadia said it had called in administrators from Deloitte after the pandemic “severely impacted” sales across its brands. Overseen by tycoon Philip Green, one of Britain’s best-known and most controversial business figures, Arcadia includes brand such as Burton, Miss Selfridge and Dorothy Perkins. It runs 444 stores in the UK and 22 overseas. The shops have have suffered during the pandemic and the associated restrictions across the U.K.____The S&P 500 lost 16.72 points, or 0.5%, to 3,621.63. The Dow fell 271.73 points, or 0.9%, to 29,638.64. The Nasdaq composite slipped 7.11 points, or 0.1%, to 12,198.74. The Russell 2000 index of smaller companies gave up 35.45 points, or 1.9%, to 1,819.82.The Associated Press
The S&P 500 index ended lower on Monday as investors took profits following a sharp rally in recent weeks that led to the benchmark's best November ever. Nine out of 11 of the major S&P 500 sectors fell, with the energy index tumbling 5.4% and leading losses, tracking a drop in crude prices. The S&P 500 technology index rose 0.7%, thanks in part to a 2.1% rise in Apple Inc shares.
Brazilian federal prosecutors have filed a lawsuit seeking damages from oil trading company Trafigura and former executives on corruption allegations involving Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras), according to a statement on Monday. The prosecutors are also seeking a court order to block up to 1 billion reais ($187.55 million) from of the defendants pending a final ruling on the matter. Trafigura did not have an immediate comment.
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Miami-Dade Mayor Daniella Levine Cava tested positive for COVID-19 on Monday and is experiencing mild symptoms, according to a spokeswoman. The county’s new mayor linked her diagnosis to her husband, a doctor, contracting the virus from exposure to a patient.
OTTAWA — Finance Minister Chrystia Freeland's first fall mini-budget finds new funds for families and businesses and scratches a longtime provincial itch over transfer payments as she tries to find a delicate balance between pandemic anxiety and political prudence.Freeland defended the federal government's record deficit of more than $381 billion as affordable — given low interest rates — and necessary and accused the former Conservative government of withdrawing stimulus too quickly after the last recession 12 years ago. “As we have learned from previous recessions, the risk of providing too little support now outweighs that of providing too much,” Freeland said. “We will not repeat the mistakes of the years following the Great Recession of 2008.”However Freeland responded to calls for some sense of when the federal largesse will end only by promising what she calls "fiscal guardrails" based on employment numbers, to guide when post-pandemic federal stimulus will start to be phased out.“These data-driven triggers will tell us when the job of building back from the COVID-19 recession is accomplished, and we can bring one-off stimulus spending to an end,” Freeland said.But as far as opposition parties are concerned, Freeland's plan is a pie-in-the-sky effort that does not answer the main concern Canadians have about ending the pandemic: when and how they will be getting a COVID-19 vaccine."Canadians want their lives back," said Conservative Leader Erin O'Toole.Prime Minister Justin Trudeau said almost a week ago that while Canada has contracts for more than $1 billion in vaccines for COVID-19, because we aren't producing any of the front runners here, we won't be first in line to get them. Opposition parties have pounced on the revelation. The Conservatives have gone as far as to suggest Canadians could be waiting until 2023, though the first vaccines are expected to arrive in Canada in January.The government has been trying hard to repair the damage from Trudeau's statement and fend off the opposition attack, prompting Freeland to mention vaccines no fewer than nine times in her speech Monday. "Safe, effective and plentiful vaccines are on the way," Freeland said.The 223-page fiscal update plan includes not just once, but twice, a chart that shows Canada has procured more doses per person (nearly 11, if every vaccine on the list is approved) than any other country in the world. But there was no new information in the economic update on when or how those doses will be available to Canadians.O'Toole said without a plan for a vaccine there is no plan to save the economy. NDP Leader Jagmeet Singh said the plan provides too little to directly help people, and without a solid plan for a vaccine rollout, that kind of help is even more critical."That light at the end of the tunnel now feels like a longer, darker tunnel," he said.Freeland's plan does include billions in new spending to try to bridge people and companies through until vaccines can end the pandemic. That includes some new aid for hard-hit sectors like tourism and entertainment, a simplified tax credit for Canadians now working at home, and another $1 billion to help provinces with the long-term care homes that have left our oldest citizens tragically vulnerable to COVID-19.Opposition parties were quick to take credit for some of it. O'Toole said a $1,200 payment next year for parents with kids under six was taken right out of his leadership campaign platform. Singh said the Liberals have added many measures because of his party's efforts, including paid sick leave. While the plan promises to cancel interest payments on federal student loans next year, Singh said that stops short of the NDP motion all parties backed last week to restore the moratorium on all loan repayments until May. The Liberals had stopped requiring Canada Student Loans to be repaid in April but that holiday ended Oct. 1.Freeland also threw out another olive branch in Ottawa's often difficult relationship with provincial premiers by promising to answer their years-long call to overhaul the fiscal stabilization fund that sends federal cash to provinces facing serious drops in revenue. The premiers joined forces to demand the fund be overhauled a year ago, and Freeland has now complied, nearly tripling the amount of money available, and pledging some changes to how much provincial revenues must fall before they can be eligible for it.This report by The Canadian Press was first published Nov. 30, 2020.Mia Rabson, The Canadian PressNote to readers: This is a corrected story. A previous version suggested an NDP motion on student loans only asked for interest payments to be deferred until May. The motion wanted all loan repayments, including interest, to be deferred.
Edmonton, Alberta--(Newsfile Corp. - November 30, 2020) - Radient Technologies Inc. (TSXV: RTI) (OTCQX: RDDTF) ("Radient" or the "Company"), a manufacturer of high quality cannabinoids based formulations and products today announced its results for the second quarter ended September 30, 2020 and provided an update on its recent corporate developments."The second quarter was a period of transition, coming from the previous quarter where production had been dramatically scaled back, and ramping back up ...
The scientists say that their results highlight this group may need to be prioritised for vaccination against the flu and Covid-19.
New York, New York--(Newsfile Corp. - November 30, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Joyy Inc. ("Joyy") (NASDAQ: YY) between April 28, 2016 and November 18, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Central District of California. To get more ...
Applova Inc., the Palo Alto based restaurant tech creator, has just launched a FREE digital menu to help restaurants navigate the pandemic. Applova believes in operating like a silent partner, supporting small and medium players in the food industry, with accessible and sometimes entirely free technology to help businesses bounce back to normal.
The pandemic has transformed the fortunes of the video conferencing firm, once a niche tech name.
The year from hell will get the mockumentary treatment with Grant starring as a "repellent historical figure."
West End star Ruthie Henshall and Paralympic gold medallist Hollie Arnold had previously been voted off this year's series.
Entertainment finance firm Forest Road and a team of A-list media insiders from Tom Staggs to Kevin Mayer have closed a $300 million IPO of a new SPAC – a special purpose acquisition vehicle they’ll use to buy a private company in media, tech or telecom. SPACs, which are exploding, are basically empty publicly traded […]
Joe and Jill Biden will bring a cat to the White House it was revealed Sunday. The unrevealed feline will join German Shepherds Champ and Major.
Over the weekend, Selena Gomez's fans slammed Peacock's Saved by the Bell reboot for "inappropriate" references to her 2017 kidney transplant
Everything you need to know from passports to border control
SAN FRANCISCO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (Bank) announced November 30, 2020, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for October 2020 is 0.503%. The index for September 2020 was 0.523%. As previously announced, the Bank will no longer calculate the COFI after the publication of the December 2021 index on January 31, 2022, because of the significant decline in the number of financial institutions eligible to report the data used to calculate the indices.The COFI is computed from the actual interest expense reported for a given month by the Arizona, California, and Nevada savings institutions members of the Bank that satisfy the Bank’s criteria for inclusion in the COFI (“COFI Reporting Members”). For October 2020, 9 eligible institutions reported COFI data. Changes in interest rates on adjustable rate mortgage loans offered by many financial institutions are tied to changes in the COFI.Although the Bank makes a good faith effort to be accurate in the calculation and publication of the COFI, the Bank does not warrant, confirm, or guarantee the accuracy of the data it receives from its COFI Reporting Members, the accuracy of the COFI calculation, or the accuracy of the COFI as published. The Bank does not examine the books and records of its COFI Reporting Members for the purpose of confirming the accuracy of the data they deliver to the Bank used to calculate the COFI, and the Bank expressly disclaims all liability that may arise from any use of the COFI or the use of inaccurate data received from its COFI Reporting Members in calculating the COFI. In addition, the Bank expressly disclaims any liability to any person for any inaccuracy in the COFI, regardless of the cause, or for any resulting damages.The Bank accepts data for the COFI for a given month from the COFI Reporting Members until 12 noon California time on the last business day of the following month and publishes the COFI for that given month based on data received by that time. The Bank will not revise or republish the COFI for a given month based on new or corrected data received after that time and expressly disclaims all liability that may arise as a result. In addition, although the Bank makes a good faith effort to publish the COFI on the last business day of the following month at or after 3 p.m. California time, the Bank does not guarantee that it will always publish the COFI at that date and time, and the Bank expressly disclaims any liability for any delay in publishing the COFI.Certain corporate activity, such as charter changes or mergers, may cause the Bank to determine that a financial institution no longer qualifies as a COFI Reporting Member and will no longer be included in the COFI. Similarly, if a COFI Reporting Member’s Bank membership is terminated, it will no longer be included in the COFI. The impact of such removals on the COFI will depend entirely on the amount of interest expense and total funds of the entity being removed, and may be significant.For additional information and disclosures about the calculation of the COFI, removal of a COFI Reporting Member, and other matters concerning the COFI, visit the Bank’s website at www.fhlbsf.com.CONTACT: Melat Tadesse, 415-616-2718 (office), 602-295-4511 (mobile), email@example.com
A Labour government would give itself new powers to block corporate takeovers that undermine the fight against climate change, under plans unveiled on Tuesday. Ministers would be able to scrutinise buy-outs of British companies and step in if they believe one could make its more difficult for the UK to keep its commitments under the Paris Agreement. The powers, which would also extend to other situations such as when a takeover puts human rights at risk, would be an extension of current Tory plans that only allow takeovers to be blocked in the name of "national security".