Public HealthPosted by
The Hill

More than 100K vaccine breakthroughs identified in US: report

There have been more than 100,000 breakthrough cases, or cases where fully vaccinated individuals contracted the coronavirus, identified in the U.S., according to a Bloomberg analysis. Bloomberg has gathered data from 35 states since the Centers for Disease Control and Prevention (CDC) stopped tracking all breakthrough cases and found that...
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AustraliaThe Verge

A Tesla Megapack burst into flames at ‘Victorian Big Battery’

A Tesla Megapack caught fire today during initial testing of a highly anticipated new utility-scale battery in Victoria, Australia. Luckily, there were no injuries or disruptions to the local electricity supply, CNBC reports. The blaze posed no risk of spreading to the nearby community, according to Bloomberg, but it did trigger a toxic smoke warning for residents who were told to stay indoors, the Sydney Morning Herald reported. The cause of the fire is still unclear.
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Public Healthtechstartups.com

The Great Resignation: Why 4 Million People Quit Their Jobs

Covid-19 pandemic has forever changed our ways of life. Thanks to vaccines and other therapeutics, people are slowly returning back to their normal lives. However, the post-covid world is different from the life we used to live before the pandemic began in January of 2020. Late last year, we saw a massive unemployment rate. We also trillions of dollars printed by the Fed.
StocksPosted by
The Independent

Jeff Bezos loses $13.5 billion as Amazon share price plunges

The net worth of Amazon founder Jeff Bezos dropped by $13.5bn after the company reported earnings that were below the expectations of analysts. The drop removed 80 per cent of the increase to Mr Bezos net worth this year, Bloomberg reported. The huge drop is equal to 58 per cent of Nasa’s budget for 2021.
BusinessThe Next Web

Founder of EV startup Nikola charged with misleading investors

A federal grand jury charged Trevor Milton, founder and former chairman of EV startup Nikola, with three counts of criminal fraud, Bloomberg reports. He’s accused of lying about “nearly all aspects of the business” to increase stock sales of the electric vehicle startup, according to an indictment unsealed Thursday. Specifically,...
CelebritiesPosted by

Will Scarlett Johansson’s Suit Against Disney Open the Floodgates for Other Stars?

”It’s not the best way to deal with talent,“ an entertainment attorney says. Scarlett Johansson’s bombshell lawsuit against Disney over the dual theatrical-streaming release of “Black Widow” could open the floodgates for other stars and producers to pursue legal claims against studios whose shift in release strategies impact monetary bonuses based on box office performance.
Public Healthbloomberglaw.com

CDC Scaled Back Breakthrough Case Hunt Just as Delta Grew

The U.S. agency leading the fight against Covid-19 gave up a crucial surveillance tool tracking the effectiveness of vaccines just as a troublesome new variant of the virus was emerging. While the Centers for Disease Control and Prevention stopped comprehensively tracking what are known as vaccine breakthrough cases in May,...
Congress & Courtsmsn.com

Pelosi Bid to Head Off Evictions Crumbles in Setback for Biden

(Bloomberg) -- House Speaker Nancy Pelosi’s bid for a last-minute extension of an eviction moratorium for renters collapsed Friday, leaving millions of Americans at risk of losing their homes after the ban lifts on Saturday. Pelosi’s efforts, coming on the heels of a public plea made Thursday morning by President...

Despite Olympic viewership dropping and increased make-goods, NBC still expects to turn a profit

There’s a lot to consider with discussions of Olympic ratings, from the Tokyo time zone to the events taking place a year later than planned and coming with local resistance, no spectators, and vaccination controversies. There’s also the general recent declines we’ve seen for many sports ratings and the dramatic changes to the streaming picture since 2016. With that in mind, one of the most important areas to consider may be the bottom line. NBC was expecting a record profit as of June, and while they’ve seen plenty of blows since then (including Simone Biles’ early exit from the gymnastics competitions; executives had previously cited her as an athlete they were focused on), a Bloomberg article from Gerry Smith published Friday says they’re still on track to make money despite audience declines (a 42 percent average night viewership drop from Rio 2016) that will require make-goods.
BusinessBirmingham Star

Key U.S. inflation gauge surges again in June

WASHINGTON, July 30 (Xinhua) -- A key U.S. inflation measure closely watched by the Federal Reserve surged again in June, indicating rising inflation pressures tied to supply constraints, the U.S. Commerce Department reported on Friday. The so-called core personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure, jumped...

Elon Musk vs. Tim Cook – the unprovoked rivalry involves $60 billion, CEO position and an ‘F’ bomb

Elon Musk is the CEO of an autonomous electric automotive company ‘Tesla’ and Tim Cook is the CEO of a smart devices and digital services company ‘Apple’. Keeping the different nature of their line of work, one might ask could the two tech leaders be considered rivals? Well yes. Apple is allegedly developing an EV under the codename ‘Project Titan” and that news has not settled well with Mr. Musk, who is vocal about his disapproval of Apple and its CEO, Tim Cook.
StocksPosted by
The Motley Fool

Why Roku Stock Slipped on Friday

Shares of Roku (NASDAQ:ROKU) traded lower on Friday, with the stock falling as much as 4.9% earlier in the session, and ultimately ended the trading day down 4.7%. The streaming video specialist slumped on reports that Cathie Wood, the founder and CEO of ARK Investment Management has been selling Roku shares from ARK's exchange-traded funds (ETFs).