Biologist Beth Cameron spent nearly two decades preparing for a biological threat like Covid-19. Most notably, in 2014, Cameron, then the Obama Administration’s director of countering biological threats, helped create a “pandemic playbook” to guide the White House in handling a pandemic. They knew one was eventually coming. “[W]e starting working on the playbook following the
Month: June 2020
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike lost 51 cents per share for its latest quarter, well off the consensus forecast for a 7 cents per share profit. The athletic footwear and apparel maker’s revenue also came in far below expectations, hurt by lockdown-related store closures.
A worker wearing a protective mask cleans a table in front of a pizza restaurant in San Francisco, California, U.S., on Monday, June 15, 2020. David Paul Morris | Bloomberg | Getty Images San Francisco Mayor London Breed said in a tweet Friday that the city will temporarily delay its planned reopening for Monday, which included
Here’s an inside look at the United States Army’s intense 22-week basic training known as OSUT, which stands for One Station Unit Training. Senior Video Correspondent Graham Flanagan spent four days at the Army’s Maneuver Center of Excellence located inside the Fort Benning military installation near Columbus, Georgia, where he observed different companies at various
Sam Seagraves Source: Sam Seagraves Almost all of the money Sam Seagraves used to make as an actor in Portland, Oregon, went toward her monthly student loan bill of $1,083. Then the coronavirus pandemic hit. With many production companies postponing or cancelling operations, Seagraves hasn’t been hired for a role since March. The CARES Act granted
Jeffrey Ubben, CEO of ValueAct Capital Partners Ann Johansson | Corbis | Getty Images On paper, this trade has already been a home run for Jeff Ubben and ValueAct, turning $154 million of its investors’ money into $1.46 billion in possibly the best example so far in the new stakeholder era that mitigating issues associated
Everybody has an opinion on Tesla CEO Elon Musk. Some, like Charlie Munger, don’t agree with his methods, but others are fans of his brash entrepreneurial spirit. Count fellow billionaire Mark Cuban in the latter category. “I like Elon Musk,” Cuban told The New York Post in a story that published on Saturday. ”He can be full of himself
Getty Images Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans. Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks
Dr. David Callender, CEO of Memorial Hermann Health System in Houston, told CNBC on Friday that its hospitals continue to have adequate capacity despite Texas’ growing coronavirus outbreak. “We actually still think we have plenty of capacity to meet the demand for Covid, as well as non-Covid patients” Callender said on “The Exchange.” “We’re always busy
Up until recently, an old-fashioned certificate of deposit was a reliable way to lock in a decent return. Now, some CD rates are hitting all-time lows and could still fall further, according to Ken Tumin, founder of DepositAccounts.com. “Since March, rates have taken a nosedive,” he said. “I’m not sure where they will bottom.” In the wake of
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters U.S. banking regulators are about to ease restrictions created in the aftermath of the financial crisis, a development that sent bank
The state of the Covid-19 pandemic on both a global and national scale, is “more bleak than I would have expected,” Bill Gates said on CNN’s “Coronavirus Town Hall” Thursday. “Because our behavior and our contact-tracing is not working well [in the U.S.], we continue to have very large case spread. And it is embarrassing,”
Hanna Budzko 1. Technical writer Nycretoucher | Getty Images Average annual pay: $68,640 Number of job openings as of June 10: 2,308 2. Financial analyst Andrew Brookes Average annual pay: $67,900 Number of job openings as of June 10: 5,242 3. Proposal writer WavebreakMedia | Getty Images Average annual pay: $67,047 Number of job openings
Mary Barra, chief executive officer of General Motors Co. (GM), left, and Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, center, listen during a news conference outside the White House after a meeting with U.S. President Donald Trump, not pictured, in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images General Motors is
WARNING: This video contains graphic language. Spike Lee’s new movie “BlacKkKlansman” chronicles the true story of an African American police detective named Ron Stallworth who launched an investigation into the KKK in Colorado by making members think he was a white man during phone conversations. We spoke to the real Ron Stallworth. Business Insider tells you
MoMo Productions The secret to building sustainable income in retirement is right in front of you — and the IRS has had it all along. Retirees generally know all about required minimum distributions. This is the annual withdrawal that you must take from your individual retirement account and 401(k) plans after you turn 70½ —
CNBC’s Jim Cramer said Thursday he’s grown worried about the stock market’s ability to continue its robust rally from the coronavirus-driven bottom. “I’m feeling uncertain here after a very big run, fourth quarter 1999-like,” Cramer said on “Squawk Box,” a reference to the run-up in equity prices that preceded the 2000 dot-com bubble bust. Cramer’s comments came after
Mint Images – Tim Robbins The racial wealth gap — the disparity in median wealth between the different races — is a persistent struggle, and it appears to be worsening, especially between White and Black Americans. According to a recent study by McKinsey & Co., Black Americans can expect to earn up to $1 million less than White Americans
People walk by a Nike store in New York. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Nike — The sportswear maker slid more than 5% after the company reported a surprise loss for the fourth quarter as sales slumped 38% year-over-year. Nike lost 51 cents per share, compared with
A man in a surgical mask walks by the New York Stock Exchange (NYSE) after more cases of coronavirus were confirmed in New York City, New York, U.S., March 10, 2020. Andrew Kelly | Reuters Next week brings an end, mercifully, to the first half of 2020. That’s the good news. The bad news: Wall
There’s just a handful of interventions proven to curb the spread of the coronavirus. One of them is contact tracing, and “it’s not going well,” White House health advisor Dr. Anthony Fauci said Friday. Contact tracing occurs when trained personnel contact infected people to investigate where they might have been infected and who they might have
Sen. Marco Rubio, R-Fla. Michael Brochstein | SOPA Images | LightRocket | Getty Images The coronavirus stimulus checks have provided a financial boost to millions of Americans — except for those who filed tax returns with non-citizen spouses. A bill introduced on Thursday by Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., is seeking to
Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set the company up to begin spaceflights next. The company said that after it completes “an extensive data review”
We need to get better at talking with, listening to and learning from each other, says Malcolm Gladwell, host of the popular podcast “Revisionist History.” “You can’t read somebody and make sense of someone in 10 seconds. Don’t even try,” says Gladwell, whose September book, “Talking to Strangers,” analyzes the inadequacies in people’s capacity to do so. “The
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures were mostly flat on Thursday night following the release of the Federal Reserve’s latest bank stress-test results and disappointing quarterly numbers
Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Even Nike, often lauded as one of the strongest
BlackBerry controlled 50% of the smartphone market in the US and 20% globally. They failed to innovate and became complacent with how the smartphone market was changing. MORE RISE AND FALL: The Rise And Fall Of Cadillac The Rise And Fall Of Playboy The Rise And Fall Of Forever 21 —————————————————— #BlackBerry #Smartphones #BusinessInsider Business
Hispanolistic Forget high-interest savings accounts. The IRS is crediting up to 5% interest on late tax refunds. The government agency announced it would grant interest on tax refunds that are issued after April 15 – the original due date for 2019 federal income tax returns. Bear in mind that the IRS has pushed out the
Siriluck Srikumbang / EyeEm Perhaps you are approaching retirement and getting a bit nervous from these wild market swings. It has, after all, been an emotional ride lately, and there are no signs of it letting up soon. You may be thinking: Is it time to “de-risk” your portfolio by dumping stocks and seeking the
Paramedics wait to bring a patient into the emergency room at Regional Medical Center on May 21, 2020 in San Jose, California. Justin Sullivan | Getty Images With an acceleration of coronavirus headlines starting to weigh on the U.S. stock market, strategists say they are now paying attention to a more refined set of disease
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