New York Post,
by
Mark Lungariello
&
Jon Levine
Original Article
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AltaD
—
11/27/2021 9:02:50 AM
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The emergence of the Omicron variant of COVID-19 has international health experts worried, financial markets roiled and the Internet confused over how the new name was chosen.
The World Health Organization appeared to skip two letters in the Greek alphabet when it announced Friday the name for the latest coronavirus variant, which was first identified in South Africa.(Snip)“[For] Nu the reasoning was people would get confused thinking it was the new variant, rather than a name,” Dr. Margaret Harris said. “And XI because it’s a common surname and we have agreed [to] naming rules that avoid using place names, people’s names, animal, etc. to avoid stigma.”
New York Post,
by
Will Feuer
Original Article
Posted by
AltaD
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11/26/2021 8:23:08 AM
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Concerns over the new COVID-19 variant discovered in South Africa hammered stock markets across the world Friday, sending all three of the major US indices down at least 1 percent.
Dow Jones Industrial Average futures tanked more than 800 points Friday morning as investors abandoned bets on the global economic recovery and piled into the basket of stocks that surged during the depths of the pandemic.(Snip)The US sell-off comes after markets in Europe and Asia saw similar drops as investors around the world were jilted by warnings coming out of Africa about a new, potentially more infectious variant of COVID-19 that could be resistant to vaccines.
Zero Hedge,
by
Tyler Durden
Original Article
Posted by
AltaD
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11/23/2021 5:19:12 PM
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Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state's lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed(Snip)“We are seeing more and more particularly organized retail crime,” Chief Executive Officer Corie Barry said on a conference call with analysts. “You can see that pressure in our financials, and more
NBC5-TV (Chicago),
by
Staff
Original Article
Posted by
AltaD
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11/23/2021 1:19:47 PM
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While Chicago Mayor Lori Lightfoot says that she respect’s the jury’s acquittal of Kyle Rittenhouse in his Wisconsin murder trial, she had some strong words for Judge Bruce Schroeder’s handling of the case, saying that the judge “put his thumb on the scale” with some of his actions during the trial. (Snip) “Why on Earth did that child have an AR-15, leave his home in Antioch, and think that he had the right to go up to another state to supposedly protect a city?” she said.(Snip)“He had no business being there. None,” she added.
NBC5-TV (Chicago),
by
Staff
Original Article
Posted by
AltaD
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11/19/2021 8:34:19 AM
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In a recent Facebook post, the mayor of suburban Naperville says that he would support a removal of the state of Illinois’ mask mandate, even as COVID cases have continued to rise in recent weeks.
Naperville Mayor Steve Chirico points to the fact that Illinois is the only state in the Midwest that still has a mask mandate on the books,(Snip)He goes on to argue that masks have a “minimal, if any,” impact on the spread of the coronavirus.
“Fact: Illinois is the only Midwestern state that currently requires a mask, and yet as of today, we are no better off than the surrounding states,”
Associated Press,
by
Staff
Original Article
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AltaD
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11/18/2021 1:09:52 PM
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CVS Health will close hundreds of drugstores over the next three years, as the retail giant adjusts to changing customer needs and converts to new store formats.
The company said Thursday that it will close about 300 stores a year for the next three years, nearly a tenth of its roughly 10,000 retail locations as it reduces store count density in some places.
The company said Thursday that it has been evaluating population changes, customer buying patterns and future health needs to “ensure it has the right kinds of stores in the right locations.”(Snip) explosive growth of online shopping has blunted the demand for such in-person convenience.
CNBC,
by
MacKenzie Sigalos
Original Article
Posted by
AltaD
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11/17/2021 7:05:10 PM
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Sotheby’s is auctioning off an extremely rare and historic first-edition printing of the U.S. Constitution, and crypto investors are pooling millions of dollars worth of ether to buy it.
An organization known as ConstitutionDAO is raising the money using a digital crypto wallet with the aim of crowdsourcing enough funds to make the winning bid when the document hits the auction block on Thursday night.
The foundational text is valued at $15 million to $20 million. Since launching five days ago, the group has thus far raised 967 ether, or $4.3 million.
The exercise offers some of the first practical insight into how crypto infrastructure can be used to facilitate fractional ownership
New York Post,
by
Callie Patteson
Original Article
Posted by
AltaD
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11/17/2021 12:20:38 PM
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The second-ranking general in the US military has sounded the alarm about China’s weapons development — warning that Beijing may soon have the capability to launch a surprise nuclear strike against America.
“They look like a first-use weapon,” Gen. John Hyten, the vice chairman of the Joint Chiefs of Staff, told CBS News Tuesday. “That’s what those weapons look like to me.” (Snip) “From a technology perspective, it’s pretty impressive,” he said. “But Sputnik created a sense of urgency in the United States … The test on July 27 did not create that sense of urgency. I think it probably should create a sense of urgency.”
New York Post,
by
Rebekah Koffler
Original Article
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AltaD
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11/13/2021 10:57:58 AM
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In September, the Biden Administration released back to Russia the world’s most dangerous cybercriminal, Alexei Burkov, after Trump’s Justice Department had taken great pains to extradite him from Israel. (Snip) Instead of serving a maximum sentence of 15 years in US prison, the cyber criminal was deported to his native Russia.
Russian cyber criminals like Burkov have extorted millions of dollars in ransom from US businesses in return for unlocking infected computer networks. But the main value of highly-skilled cyber criminals like Burkov for Russian President Putin is not how much ransom he can gain, but rather, what these hackers can do for their country.
Fox Business,
by
Paul Conner
Original Article
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AltaD
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11/11/2021 3:49:53 PM
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Call it the battle of the billionaires. Ken Griffin, the Chicago billionaire who runs hedge fund giant Citadel and owns the enormous market-making firm Citadel Securities, says he’s "all-in" to back a candidate to try and defeat fellow billionaire and Democratic Gov. J.B. Pritzker of Illinois."I’m going to make sure that if he runs again, that I am all-in to support the candidate who will beat him," Griffin said Wednesday during comments he made at the DealBook Online Summit hosted by The New York Times. "He doesn’t deserve to be the governor of our state. "Griffin, a longtime foe of Pritzker, charged that the governor "called me a liar
New York Post,
by
Andrew Court
Original Article
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AltaD
—
11/11/2021 10:57:10 AM
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Morgan Wallen says he’s “blessed” despite losing out on a Country Music Association award and being banned from the awards show, which was held in Nashville on Wednesday night. (Snip) CMA organizers barred Wallen from attending the glitzy ceremony but still allowed his sophomore record, “Dangerous,” to be nominated in their Album of the Year category.
“Dangerous” was the highest-selling record among those nominated, but the crooner lost out to Chris Stapleton’s album “Starting Over.”Last week, Wallen took a swipe at the CMA Awards after his ban from the show was announced.
“PSA: Everyone is welcome to attend my shows,” he tartly wrote on Twitter.
Fox Business,
by
Megan Henney
Original Article
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AltaD
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11/10/2021 4:56:41 PM
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American households are coping with the fastest price increases in more than three decades, with the cost of everything from cars to gasoline to food surging in October, the Labor Department reported Wednesday.
The consumer price index, which measures a bevy of goods ranging from gasoline and health care to groceries and rents, jumped 6.2% from the year-ago period – the highest since December 1990.(Snip)The increases were most pronounced for different meats, with staggering year-over-year increases for steak (24%), bacon (20%), pork chops (16%), fish (11%) and chicken (9%). Egg prices climbed 12% compared to last year, while milk and coffee were both up 6%.