Jan.26 -- President Joe Biden says the Covid-19 vaccine program was in worse shape than expected when he took over as president and announces plans to increase the supply of vaccines.
Jan.26 -- President Joe Biden says the Covid-19 vaccine program was in worse shape than expected when he took over as president and announces plans to increase the supply of vaccines.
Protesters clashed with police in Paraguay´s capital, Asuncion, late on Friday as anger over the government´s handling of the coronavirus crisis boiled onto the streets and forced the resignation of the country´s top health official. Security forces fired rubber bullets and tear gas on hundreds of rioters who gathered around the Congress building in downtown Asuncion, while protesters broke down security barriers, burned road barricades and threw stones at police. The riots, which turned the capital's historic center into a make-shift battlefield of fire, smoke and gunshots, broke out amid growing outrage as coronavirus infections hit record levels and hospitals verged on collapse throughout the South American nation.
New sexual harassment allegations against Les Miles surfaced this week from his time at LSU.
Tiger Woods reportedly had no memory of his recent car crash in the moments afterwards, according to a new affidavit.
(Bloomberg) -- Democrats reached a deal on unemployment aid Friday night, clearing the way for the Senate to continue debating the pandemic-relief bill. President Joe Biden made public appeals on Friday for passage of his $1.9 trillion stimulus, meeting with potential recipients of direct payments and highlighting continuing damage in the labor market.Negotiations on supplemental jobless benefits had stall progress on the legislation, though lawmakers still expect it to pass in the chamber over the weekend.Majority Leader Chuck Schumer pledged the Senate will “power through” the arduous final process of getting Biden’s first signature piece of legislation passed. The Senate is embroiled in the amendment-proposal stage known as the vote-a-rama. The House will need to vote on the Senate’s version, with Democratic leaders pledging final passage by March 14, when current supplemental jobless benefits expire.Democrats Reach Deal on Unemployment Benefits (8:10 p.m.)Senate Democrats struck a deal on an amendment to the stimulus legislation to extend the additional $300 per week enhanced unemployment aid through Sept. 6, according to a Democratic aide, after hours of negotiations that had stalled progress on the bill.The deal also provides tax relief to workers who received unemployment insurance compensation by making the first $10,200 of unemployment insurance benefits non-taxable for households with incomes of less than $150,000.It also would extend tax rules regarding excess business loss limitations for one additional year, through 2026.The plan would end the supplemental unemployment benefits a month sooner than the proposal Democrats had floated earlier in the day as one of the changes made to win the support of West Virginia Democratic Senator Joe Manchin. -- Erik WassonDemocrats Work to Salvage Unemployment Deal (7:17 p.m.)Democrats worked to put the stimulus bill back on track after Senator Joe Manchin put a hold on their plans for a compromise on unemployment-insurance payments.“No comments, no comments, no comments -- too much good negotiations going on,” the West Virginia Democrat said as he brushed past reporters.Earlier Friday, the White House celebrated an apparent compromise from Senator Tom Carper, a Delaware Democrat, that would reduce weekly supplemental jobless benefits from $400 to $300 per week, but phase out on Oct. 4 rather than the end of August. The deal would also make $10,200 of unemployment benefits tax-free.But Manchin throughout the day flirted instead with backing a proposal from Ohio Republican Rob Portman that would only extend the benefits through July 18, and not include the tax relief. Because of the 50-50 partisan split in the upper chamber, a defection by any Democratic lawmaker could lead to significant changes -- and possibly even imperil the overall bill in the House of Representatives, where liberals represent a sizable voting bloc.A White House official who requested anonymity to discuss the situation said Biden was generally supportive of compromise to get the legislation passed, and that he and his team were in close contact with senators as they sought a resolution.Republicans derided Democrats over the impasse. The hours-long pause in Senate work today “is pretty indicative that they didn’t have their act together,” Texas GOP Senator John Cornyn said.Republican Senator Roger Wicker of Mississippi said he expects Manchin to vote for Portman’s amendment. “He’s done talking to them. Done talking to Schumer and the president,” Wicker said.Portman said Democrats should have realized the difficulty in keeping their caucus together when they used a budget process that has no margin for error.“They are having real problems. What they have is bad policy. The economy is improving and you are increasing UI? How do you explain that to people ?”But Democratic Senator Debbie Stabenow of Michigan said she expects the matter will be resolved soon and the Senate will return to work on amendments later tonight. “We’re hammering out a couple of things, and we’ll get there.” -- Laura Litvan, Justin Sink and Erik WassonGOP Down by a Vote as Alaska Senator Departs: (6:19 p.m.)Republicans are down by one vote as debate on the stimulus bill ground to a halt for six hours while Democrats haggled among themselves on unemployment aid as an earlier deal appeared to fall apart.Senator Dan Sullivan departed Washington Friday afternoon for his home state of Alaska to attend a funeral for his late father-in-law, spokesman Nate Adams said. Sullivan would have voted “no” on the stimulus bill, Adams said. Sullivan’s absence means that Vice President Kamala Harris likely won’t need to break a tie with 50 Democratic lawmakers and 49 Republicans present to vote this weekend.However, Democrats still don’t have 50 members on board for a crucial unemployment insurance deal after Senator Joe Manchin of West Virginia wouldn’t commit to vote for the plan. Democrats need all of their Senators to vote for the amendment to attach it to the $1.9 trillion stimulus bill that they are aiming to pass this weekend.The agreement, which the White House supports, would have lowered the weekly expanded federal jobless benefits from $400 a week to $300, but would have continued the benefits through early October, instead of terminating them at the end of August. The amendment also makes the first $10,200 of unemployment compensation tax-free, a change that would save some taxpayers from surprise IRS bills.Senate Republicans are working to convince Manchin to back another amendment that would extend the $300 payments through mid-July and wouldn’t make the jobless benefits tax free, therefore adding significantly less to the deficit.Biden Appeals for Passage of His Aid Bill (4:30 p.m.)Biden met at the White House with his economic team to highlight how the latest monthly jobs report showcases a still-damage labor market a year into the Covid-19 crisis, along with hosting a meeting with people who would be getting stimulus checks under the pending pandemic-aid bill.Biden was joined by a Maryland woman who works providing transit to disabled individuals, a self-employed veteran from Washington, D.C., who lost his home to a fire and a representative from Mary’s Center -- a health care, social services and education resource center.“It’s going to make a big difference in terms of their lives,” Biden said. “People in the country are hurting right now, with less than two weeks from enhanced unemployment checks being cut out.”Biden earlier highlighted that the economy still has more than 9 million fewer jobs now than in February last year. “At that rate it would take two years to get back on track.”“We can’t afford one step forward, two steps backward,” he said in appealing for passage of his stimulus. “People need the help now.” -- Justin SinkSenate Voting Stalls Amid Talks on Jobless Aid (3:27 p.m.)While Senate Democrats had looked to have nailed down a deal on the amount and duration of supplemental unemployment benefits earlier in the day, talks continued Friday afternoon, with GOP involvement.The negotiations held up the marathon of votes on amendments for more than three hours Friday afternoon.Democrats continue to work within their caucus to make sure that none of their members would go along with Republican amendments that could sink the bill in the House. Chief among the issues: unemployment insurance benefits.Earlier in the day, a Democratic agreement was unveiled to reduce weekly supplemental jobless benefits to $300 per week -- from $400 in the House-passed legislation -- and extend it through Oct. 4, compared with the end of August.The deal including making $10,200 worth of jobless benefits tax-free.Republican senators said Democrats are still working to line up support for that deal and to ward off an amendment from Ohio Republican Rob Portman to make the benefit $300 a week through July 18. It doesn’t address the tax issue.“They are worried about losing on Portman,” John Thune, the Senate’s No. 2 Republican, said.Key to the outcome could be West Virginia Democrat Joe Manchin, who has argued for stricter targeting of pandemic relief.Texas Senator John Cornyn predicted Senate would pass the stimulus bill Saturday morning. -- Erik Wasson.Sanders Bid to Restore Wage Hike Falls Short (2:42 p.m.)A last-ditch effort by Senator Bernie Sanders to restore a minimum-wage hike to the pandemic-relief bill is headed to defeat with 42 votes in favor and 58 against.The vote hasn’t been made final, though there is almost no chance it would change. It remained open while Democrats attempted to nail down support for their plan to extend supplemental unemployment through September.The Senate parliamentarian had previously ruled that the phased-in increase in the minimum wage to $15 an hour by 2025 fell afoul of budget-reconciliation rules, which Democrats are using to get the Covid-19 aid bill through the Senate with just a simple majority vote.Sanders’s bid to waive the rules and restore the wage hike would have required 60 senators of 100 senators to agree to go along with the amendment. But it failed to get even a majority.“An unelected staffer in the Senate should not be in charge of determining whether 32 million workers in America receive a raise,” Sanders said on the Senate floor.There wasn’t even majority support within the Democratic caucus. Arizona Senator Kyrsten Sinema was among the Democrats who voted against it, saying the chamber should look at the issue separate from the relief legislation.“The Senate should hold an open debate and amendment process on raising the minimum wage, separate from the Covid-focused reconciliation bill,” Sinema said in a statement.Also voting against the attempt were Democratic senators Joe Manchin, Jon Tester, Jeanne Shaheen, Maggie Hassan, Tom Carper and Chris Coons as well as independent Angus King.Biden has called on lawmakers to move ahead with his proposed wage hike on a standalone basis. -- Erik WassonWhite House Sees Bill Speeding Job Recovery by a Year (11:08 a.m.)Biden’s $1.9 trillion economic rescue plan will accelerate the U.S.’s return to full employment by a year, National Economic Council Director Brian Deese said.“Most people say that this bill would pull forward by about a year the length of time it would take to get back to full,” Deese said in an interview with Bloomberg News on Friday. He declined to make more specific predictions about unemployment.A government report earlier Friday showed that total U.S. payrolls in February remained more than 9 million lower than the peak prior to the pandemic. Biden said Friday the report showed his stimulus legislation is “urgently needed.”Deese added that the administration is working to speed up the delivery of stimulus checks that are a key feature of the aid bill that Congress is expected to pass in coming days.White House economist Heather Boushey, also speaking in an interview, underscored that economic recovery will depend heavily on the distribution of coronavirus vaccines.“Just to state the obvious, this all depends on getting shots in arms,” she said. -- Jennifer JacobsSenate Democrats Resolve Differences Over Jobless Aid (11:03 a.m.)Senate Democrats have resolved differences over the level and duration of supplemental unemployment benefits in the pandemic relief bill, according to a Democratic aide.The bonus will be kept at the current level of $300 a week, rather than the $400 provided in the House version of the bill, but they will last until Oct. 4 -- rather than the end of August, the aide said. Senator Tom Carper of Delaware, a close Biden ally, led the talks and will offer the amendment to make the change.The White House supported the compromise. Press secretary Jen Psaki tweeted that Biden believes “it is critical to extend expanded unemployment benefits through the end of September.”Recipients will get tax forgiveness on $10,200 worth of benefits under the deal, according to the aide.For millions of unemployed Americans who were able to receive enhanced federal jobless benefits, the change would eliminate their obligation to pay Internal Revenue Service levies on the first $10,200 of those payments.That tax forbearance will offer major help. Unemployment benefits, unlike stimulus payments, are subject to federal income taxes. Many states don’t withhold taxes when they make the payments, so recipients will be required to pay those levies when they file their tax return this spring. That means that the millions of workers who received unemployment benefits could face large, unanticipated tax bills.The deal would also expand a tax provision from the GOP 2017 tax law that restricts how businesses losses can be carried forward to offset future-year profits through 2026. The provision was initially implemented through 2025.In past economic crises, Congress has approved tax relief to help unemployed individuals. In 2009, lawmakers waived taxes on up to $2,400 in jobless benefits. -- Erik Wasson, Laura DavisonSenate Begins Debate as Schumer Pledges to Power Through (9:30 a.m.)The Senate reconvened Friday morning for three hours of debate on the $1.9 trillion Covid-19 relief plan ahead of a marathon series of amendment votes expected to last through the night.The first amendment to get a vote will be offered by progressive Budget Chairman Bernie Sanders, who has said he will attempt to amend the bill to raise the minimum wage to $15 per hour by 2025. That amendment is subject to an objection, since the parliamentarian has ruled it against budget rules, and 60 senators would have to vote to add it to the bill. Some moderate Democrats are expected to vote against the amendment, arguing that it would sink the bill by allowing the entire package to be filibustered by Republicans.While many of the Republican amendment votes are expected to be designed to cause political damage to Democrats and have no chance of succeeding, others may go through.“They are dead-set on ramming through a partisan spending spree packed with non-Covid related policies” said Senate Minority leader Mitch McConnell on Friday on the Senate floor. “This isn’t a pandemic-rescue package, this is a parade of left-wing pet projects.”McConnell said the economy is “already on track to bounce back from this crisis,” because of last year’s bipartisan virus-relief packages, not because of the $1.9 trillion bill before the Senate this week.“Republicans have many ideas to improve the bill, many ideas, and we are about to vote on all kinds of amendments in the hope that some of these ideas make it into the final product,” McConnell said.For amendments that are in order under budget rules -- such as one to cut supplemental unemployment benefits from the $400 per week in the bill -- it would only take one Democrat to side with 50 Republicans to make the change.“We are going to power through and finish this bill however long it takes,” Majority Leader Chuck Schumer said on the Senate floor Friday. “We are not going to make the same mistake we did after the last economic downturn, when Congress did too little.” -- Erik WassonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Corey Conners spent more time grinding out pars than chasing birdies, and that proved to be the right recipe on Friday at the Arnold Palmer Invitational as Bay Hill began to bake under a warm sun.Conners surged into the lead with a 25-foot eagle putt on the par-5 16th hole - his second eagle on that hole in two days - for a 3-under 69 and a one-shot advantage over former Bay Hill winner Martin Laird (67).
What happened Moderna (NASDAQ: MRNA) provided an up-and-down ride for its investors on Friday, with the stock trading as much as 1.5% higher and 8.5% lower than its previous day's close. Ultimately, it landed essentially flat on the day.
A woman found an entire apartment after climbing through a hidden hole in her bathroom, in the most bizarre TikTok video.
A-Gas is pleased to announce the acquisition of assets from H3R Clean Agents in Petaluma, California. These assets will further our product availability and service capabilities to the fire protection industry in the western United States. H3R Clean Agents has built a reputation for their knowledge and top-quality products and services and will be a great addition to the comprehensive suite of services A-Gas currently provides.
Will Hopoate accepts he has to start the NRL season well to prove he belongs in Trent Barrett's backline, with more than half of Canterbury's squad coming off contract this year.The Bulldogs have one of the biggest free agent pools in the NRL, with 15 of the 29 players in their full-time squad uncontracted beyond the end of 2021.
The Genesis tweet is up for sale. Twitter co-founder and CEO Jack Dorsey has listed for sale on the NFT platform Valuables the first tweet ever made. As of press time, bidding was at $88,888. Valuables is an Ethereum-based platform created by the social network Cent that allows users of Twitter to authenticate their tweets […]
More than 20,000 US organisations have been compromised through a back door installed via recently patched flaws in Microsoft Corp's email software, a person familiar with the US government's response says.The hacking has already reached more places than all the tainted code downloaded from SolarWinds Corp, the company at the heart of another massive hacking spree uncovered in December.
Kite, a Gilead Company (Nasdaq: GILD), today announced that the U.S. Food and Drug Administration (FDA) has granted accelerated approval to Yescarta® (axicabtagene ciloleucel) for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) after two or more lines of systemic therapy. The approval makes Yescarta the first chimeric antigen receptor (CAR) T-cell therapy approved for patients with indolent follicular lymphoma, follows FDA Breakthrough Therapy Designation and a priority review, and marks the third approved indication for a Kite cell therapy.
The first tweet ever is up for auction, or at least an NFT linked to it is.
A go-to lender for U.S. electric cooperatives has $4 billion in exposure to the Texas market, where last month’s deep freeze slammed the finances of several co-ops hit with astronomically high gas and electric prices during the state’s grid blackout. The latest quarterly financial disclosure from the National Rural Utilities Cooperative Finance Corporation (CFC) shows the Texas market accounts for 15% of the lender’s $27.1 billion in outstanding loans. Dulles, Virginia-based CFC has not had any loan defaults in its electric utility loan portfolio since fiscal 2013.
The search for missing Sydney conwoman Melissa Caddick's remains in waters around her Dover Heights neighbourhood has been called off.Police divers were on Thursday forced to postpone the search in waters off Dover Heights in Sydney's east due to hazardous conditions.
Jimmy Graham swerved to avoid a disabled car on a Miami highway on Thursday, though both he and his dog were safe after the accident.
One of the largest bitcoin mining and blockchain technology companies in North America, Blockcap, Inc. ("Blockcap"), announced today its purchase of an additional 8,400 AvalonMiner 1246s. Acquired from top manufacturer Canaan, the large-scale purchase of these state-of-the-art machines brings the number of Blockcap-operated miners to be deployed by Q4 of this year to over 30,000.
The Black Madonna café in Prague’s historic centeris now offering vaccines(SOUNDBITE) (Czech) CAKE MAKER, OLGA BUDNIK, SAYING: "This is a dessert made of a thin sponge base with fluffy mousse and a strawberry-banana filling.”Customers were charmed last yearwhen the café began selling their virus cakesAnd now patrons can follow up with treatment(SOUNDBITE) (Czech) CUSTOMER, TATIANA RYSKO, SAYING: "I bought both - virus and vaccine. I have tasted the virus already and I liked it a lot. I also want to try the vaccine, I am looking forward to it."
VANCOUVER, British Columbia, March 05, 2021 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPF) (the “Company” or “Algernon”) a clinical stage pharmaceutical development company is pleased to announce that it has increased and completed its previously announced non-brokered private placement of units (the "Units"), and has issued an aggregate of 11,260,040 Units at the price of CDN $0.25 per Unit, raising gross proceeds of CDN $2,815,010 (the “Offering”). Each Unit is comprised of one Class A common share (a “Share”) and one Share purchase warrant. Each whole warrant will entitle the holder to acquire one additional Share at a price of CDN $0.40 per Share until March 5, 2023 (the “Expiry Date”). At any time after July 5, 2021 and prior to the Expiry Date, the Warrants are subject to accelerated expiry in the event the daily volume weighted average trading price of the Common Shares equals or exceeds CAD $0.80 on the Canadian Securities Exchange (the “Exchange”) (or such other exchange on which the Common Shares may be traded), for ten (10) consecutive trading days (the “Triggering Event”), in which case, the Company may accelerate the expiry date of the Warrants by giving notice via news release within ten (10) days of the Triggering Event to the holders thereof and, in such case, the Warrants will expire on the 30th day after the date on which the news release is disseminated by the Company.In connection with the Offering, the Company has paid cash commissions in the aggregate amount of CDN $161,400, being 8% of the aggregate proceeds raised from the sale of Units to purchasers introduced by eligible finders. In addition, the Company has issued 645,600 finder’s warrants (the “Finders’ Warrants”), being 8% of the number of Units sold under the Offering to purchasers introduced by such finders. Each Finders’ Warrant entitles the holder to purchase one Unit at a price of CDN $0.40 per Unit until March 5 2023. All securities issued in connection with the Offering are subject to a statutory hold period of four months, expiring July 5, 2021 in accordance with applicable securities legislation. The net proceeds of the Offering will be used to fund the Company’s general corporate purposes. About Algernon Pharmaceuticals Inc. Algernon is a drug re-purposing company that investigates safe, already approved drugs, including naturally occurring compounds, for new disease applications, moving them efficiently and safely into new human trials, developing new formulations and seeking new regulatory approvals in global markets. Algernon specifically investigates compounds that have never been approved in the U.S. or Europe to avoid off label prescription writing. CONTACT INFORMATION Christopher J. MoreauCEOAlgernon Pharmaceuticals Inc.604.398.4175 ext 701 email@example.com@algernonpharmaceuticals.comwww.algernonpharmaceuticals.com. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY DISCLAIMER STATEMENT: No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Image source: The Motley Fool. INmune Bio, Inc. (NASDAQ: INMB)Q4 2020 Earnings CallMar 04, 2021, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to the INmune Bio fourth-quarter 2020 earnings conference call.