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in LIFESTYLECoronavirus outbreaks at meat processing plants force North Carolina farmers to euthanize 1.5 million chickens
How coronavirus impacts the meat industry As restaurants, bars remain closed in several states Meat Purveyors CEO, Pat LaFrieda, tells ‘Fox & Friends’ the supply system is not broken and there is plenty of meat available. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Farmers in North […] More
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in BUSINESS
The man who sells 700 million sandwiches a year
Image copyright Noel Hillis Image caption Patrick has been in the top job at Greencore since 2008 The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Patrick Coveney, chief executive of convenience food group Greencore. When you are the UK’s largest maker of pre-packaged sandwiches […] More
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in NEWSWuhan performed 6.5 million coronavirus tests in just 9 days, state media reports
Wuhan’s ambitious citywide nucleic acid testing drive came after six new cases emerged in a residential community earlier this month — the first time local infections were reported following the city’s emergence from its months-long lockdown in April. From May 15 to May 23, swab test samples were collected from more than nine million residents, […] More
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in NEWSGovernment Permits Charter Flight Operations To Resume, Global Tally At Over 5.3 Million
Globally, the total number of confirmed coronavirus cases has surpassed 5.3 million. New Delhi: The Civil Aviation Ministry has allowed chartered flights to resume their operations from Monday, the day when the scheduled domestic passenger flights also started. The ministry said “non-scheduled and private operators” of fixed-wing aircraft, helicopters and micro-light aircraft can resume their […] More
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in NEWS
Law professor’s $1.2 million defamation award shows false rape claims’ impact in digital age, attorney says
University of Minnesota Law School professor Francesco Parisi won an unprecedented nearly $1.2 million in damages last week after a judge ruled his ex-girlfriend had falsely accused him of rape. His attorney, John Braun, says that sum, which is the largest defamation settlement in the state’s history, showcases the lasting damages false claims have in the digital […] More
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Qualcomm Announces Financial Aid of $1.5 Million to Help India Curb COVID-19 Spread
(Image: Reuters) The contributions will be made towards PM CARES Fund, and multiple relief and public healthcare infrastructure initiatives, Qualcomm said. IANS Last Updated: May 21, 2020, 10:18 AM IST Qualcomm India on Tuesday announced a financial aid of $1.5 million (approximately Rs 11.3 crore) to help India tackle the spread […] More
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in SPORTS
Formula One Teams Agree to Cost-cutting With Budget Limit of $145 Million: Report
Formula One logo (Photo Credit: Reuters) Formula 1 teams voted to lower the budget cap to be introduced in 2021 by $30m to $145m. AFP London Last Updated: May 23, 2020, 2:08 PM IST Formula 1 teams on Friday agreed to cap spending at $145 million next season as the sport […] More
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in NEWS
Moderna execs dumped nearly $30 million of stock after coronavirus vaccine news
Moderna’s chief financial officer and chief medical officer executed options and sold nearly $30 million of shares combined on Monday and Tuesday, SEC filings reviewed by CNN Business show. After spiking to as high as $87 on Monday, Moderna’s stock price has since retreated below $70 as medical experts have debated the importance of the […] More
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in BUSINESS
Coronavirus: US workers seeking jobless aid near 40 million
Image copyright Getty Images A further 2.4 million Americans sought unemployment benefits last week, despite hopes that easing lockdown restrictions would help restart the US economy. The new filings brought the total since mid-March to roughly 38.6 million – almost a quarter of the workforce. The weekly figures have declined since peaking at almost 6.9 […] More
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in BUSINESS
Nearly 39 million people have sought U.S. jobless aid since pandemic began
More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the virus outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession. Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to […] More
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Apple Sold 3.9 Million iPhones in China in April as it Reopens All Retail Stores in the Country
Image for Representation (Image: Reuters) In April, overall smartphone shipments in China was up over 94 per cent in comparison to March and reached 40.8 million. IANS Last Updated: May 22, 2020, 10:59 AM IST Apple bounced back in April in China after a dull March owing to lockdowns, selling 3.9 […] More
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Stratford Festival chair asks for $8 million in federal recovery funding
The Stratford Festival is asking the federal government for $8 million in recovery funding through a combination of a grant and a loan. Last month, the festival cancelled its 2020 season due to concerns that rehearsals and performances posed a risk of COVID-19 infection. That decision has led to a $20 million shortfall, according to festival […] More
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