Month: April 2022
Shanghai turns residences into Covid isolation facilities, sparking protest
Medical workers in protective suits check a child patient as they conduct ward rounds at Shanghai New International Exhibition Hall, which has been turned into a makeshift hospital for the coronavirus disease (COVID-19), in Shanghai, China April 9, 2022. China Daily | Reuters Shanghai is converting residential buildings into quarantine centers to house a mounting […]
Read More
Palestinians clash with Israeli police at Jerusalem holy site, 152 injured
Israeli police officers stand on a roof top near Al-Aqsa Mosque following clashes with Muslim prayers during the second Friday prayer of the Muslim holy month of Ramadan on April 15, 2022 in Jerusalem, Israel. Amir Levy | Getty Images At least 152 Palestinians were injured in clashes with Israeli riot police inside Jerusalem’s Al-Aqsa […]
Read More
WHO is tracking omicron BA.4 and BA.5 subvariants as they spread through Africa and Europe
Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization. The two subvariants of the highly contagious Covid-19 strain have been detected in Botswana, South Africa, Germany and Denmark, among other countries, WHO’s technical lead on Covid-19 Maria Van Kerkhove said […]
Read More
Twitter board adopts poison pill after Musk’s $43 billion offer to buy company
Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire […]
Read More
How OpenSea cornered the $17 billion market for NFTs
NFTs have been taking over the art world. And at the center of the $17 billion NFT market is a company called OpenSea. OpenSea is the Amazon of NFTs, or non-fungible tokens. It’s an online marketplace that allows people to easily create, sell and buy NFTs. It’s one of the largest NFT trading platforms with […]
Read More
Several restaurant CEOs have joined the Great Resignation. Here are 6 chains with new leaders
Restaurant CEOs are the latest wave of workers to join the Great Resignation. In the last six months, six chief executives of publicly traded restaurant companies have announced plans to step down, either to retire or to move on to a new corporate challenge. Their announcements came after a tumultuous two years for the restaurant […]
Read More
NBA star Damian Lillard dishes on the Blazers and his new footwear insole company
Damian Lillard #0 of the Portland Trail Blazers speaks to fans during fan appreciation night before the game against the Utah Jazz at Moda Center on April 10, 2022 in Portland, Oregon. Abbie Parr | Getty Images Portland Trail Blazers star Damian Lillard said he wants to stay with the franchise that drafted him in […]
Read More
Will the battle for Spirit set off a rush for airline deals? Here’s what could happen
A previous wave of U.S. airline consolidation left four airlines in control of more than three-quarters of the U.S. air travel market. Source
Read More
Inflation and an aggressive Fed could mean investors should rethink the traditional 60/40 portfolio
Investors in this allocation could find themselves suffering declines in both the equities and fixed income sides of their portfolios. Source
Read More
Elon Musk’s Twitter bid faces major skepticism on Wall Street
SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It’s not often that a company receives a takeover bid that amounts to an 18% stock premium only to see its shares fall on the […]
Read More