The economy is on the path to recovery but it’s still far from repaired. Yet investors and economists are already worried it might be growing too fast. Here’s what experts actually mean when they talk about the “overheating” economy. Just over a year ago, the US economy faced its worst downturn on record as businesses
Continue ReadingWarren Buffett’s Berkshire Hathaway returned to profitability in the first quarter of this year after reporting a nearly $50 billion loss during the first quarter of 2020 due to the Covid-19 pandemic. Berkshire Hathaway, a sprawling conglomerate that owns companies ranging from the Geico insurance giant and Burlington Northern Santa Fe railroad to well-known consumer
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Cricket fan Shitu Anand Patil has recently recovered from Covid-19. She’s also acutely aware of the suffering families in India are gripped by amid an overwhelming surge in coronavirus infections. Those circumstances explain the unease she has sometimes been feeling while watching the Indian Premier League (IPL), the country’s most lucrative sporting competition which has
Continue ReadingEli Broad, an entrepreneur and businessman known for creating two billion-dollar businesses and establishing the iconic Broad Museum in Los Angeles, has died at the age of 87, the Eli and Edythe Broad Foundation said Friday. “As a businessman, Eli saw around corners, as a philanthropist he saw the problems in the world and tried
Continue Reading British artist L.S. Lowry’s “Going to the Match” painting is expected to sell at auction for up to $4 million in June, Sotheby’s auction house said on Friday. “‘Going to the Match’ is among the earliest known, if not the earliest, depiction of one of L.S. Lowry’s most iconic and timeless subjects — that of
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A special election in Texas on Saturday features a sprawling field of Republicans and Democrats competing for the US House seat formerly held by the late GOP Rep. Ron Wright, who died in February after contracting Covid-19. Candidates from both parties are competing on the same ballot, with 23 candidates in total, including 11 Republicans
Continue Reading For Isha Johansen, a journey that began by helping to give kids displaced by war a semblance of a normal childhood, has led her to become the first West African woman elected to the council of soccer’s world governing body, FIFA. “The narrative about Sierra Leone was child soldiers,” Johansen tells CNN Sport’s Alex Thomas.
Continue ReadingOne of America’s most famous sporting events takes place Saturday in front of a reduced crowd, a sign that the country is returning to normal but the pandemic remains dangerous, The 147th running of the Kentucky Derby returns to its position as the first leg of thoroughbred horse racing’s Triple Crown at Churchill Downs, where
Continue ReadingElliot Page has said that transition surgery was “life-saving” and led him to feel comfortable in his body for the first time, during an interview with Oprah Winfrey. The critically acclaimed actor spoke with Winfrey on Apple TV+ for his first interview since announcing that he is transgender. Discussing his surgery, Page said: “I want
Continue ReadingOne Nigerian teenager must feel like she has the world at her feet after receiving 19 full-ride scholarship offers from universities across the United States and Canada. Victory Yinka-Banjo, a 17-year-old high school graduate, was offered more than $5 million dollars’ worth of scholarship money for an undergraduate program of study, according to admission documents
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Four teens were injured, at least one seriously, Friday evening when the pickup truck in which they were riding – two in the truck bed — left a forest road south of Bend and rolled several times, Deschutes County sheriff’s deputies said. The 16-year-old driver was cited.
Continue ReadingWhen you think of Tang — if you think of Tang at all — you probably think of its association with the United States space program in the 1960s. After all, “Tang was chosen for the Gemini astronauts,” as a 1966 advertisement for the classic orange drink stated. Gemini was NASA’s second human spaceflight mission
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As May arrives, the US is taking a major step toward resuming normal life, with cities, businesses and entertainment venues announcing plans to begin reopening after the deadly winter surge of Covid-19 infections. New York City indoor dining capacity will expand to 75% beginning May 7, Gov. Andrew Cuomo said Friday, detailing a swath of
Continue ReadingAn Arizona police officer was fatally struck and another critically injured by a “violent felon in a stolen vehicle following a multi-agency shooting and pursuit,” authorities said Friday. A Pinal County Sheriff’s deputy was pursuing a vehicle when the person inside it began to shoot at the deputy Thursday about 10 p.m. The deputy continued
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The Oregon Health Authority issued the following statement Friday in response to the U.S. Food & Drug Administration’s Thursday decision on menthol cigarettes and flavored little cigars.
Continue Reading The 2021 Kentucky Derby is here and the fans, who can this time watch on site, are excited. However, the historic race on Saturday will provide an opportunity for a few individuals to break barriers and create their own little bit history. The Derby, which is run at Churchill Downs in Louisville, Kentucky, is the
Continue ReadingProsecutors for the state of Minnesota and an attorney for Derek Chauvin argued in separate filings Friday whether additional factors should affect Chauvin’s sentence. The former Minneapolis police officer was convicted on April 20 of murder and manslaughter in the killing of George Floyd, and sentencing will be determined in June. Prosecutors said five aggravating
Continue ReadingA California family was awarded nearly $1.8 million after an Anaheim jury ruled that police officers were primarily responsible for the death of a 35-year-old man in 2018. Christopher Eisinger died in March 2018 in an encounter with officers from the Anaheim Police Department. The officers were responding to a report of an auto burglary
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Prosecutors have leveled two criminal charges against a Republican member of the Oregon House of Representatives who let far-right rioters into the state Capitol in December.
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He’s a 9-year-old pitbull mix who’s full of life. His owner had to relinquish him due to his military deployment.
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