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NEWPORT BEACH (CNS) - President Donald Trump is scheduled to come to Orange County Sunday for a private fundraiser at tech mogul Palmer Luckey's estate, it was reported Friday.The news came Thursday, just as latest fundraising numbers showed the president falling behind former Vice President Joe Biden in campaign cash, The Orange County Register reported.Biden reportedly raised a record-breaking 3 million in September to Trump's 7.8 million. And Biden reported 2 million in cash heading into October vs. Trump's 1 million.Invitations for Sunday's fundraiser at Luckey's Newport Beach home show tickets ranging from ,800 for an individual admission to 0,000 for a couple to attend and take a photo with the president, according to the Register. Ric Grenell, Trump's former acting Director of National Intelligence, is also slated to be a special guest at the event.The event was originally slated to take place Oct. 6, but was postponed after Trump contracted the coronavirus. The president says he no longer feels ill and his doctors have cleared him for public appearances. But some experts have expressed concern about him holding in-person events less than two weeks after he was released from the hospital, and they continue to discourage any large public gatherings.Luckey has donated 5,600 to Trump's campaign this cycle, according to Federal Election Commission records. And he's donated more than .7 million total this cycle, with much of the rest of those funds going to GOP committees and Republicans running for seats, such as Michelle Steel and Young Kim, who are both trying to unseat Democratic members of Congress.Luckey is a Long Beach native who was 19 when he co-founded the Oculus Rift virtual-reality system in Irvine. His company sold for an estimated billion to Facebook in 2014. 1838
NEW YORK (AP) — Century 21 Stores, a destination for bargain hunters looking for fat deals on designer dresses and shoes for nearly 60 years, has filed for Chapter 11 bankruptcy.The retail chain says it’s winding down its business, including all 13 stores across New York, New Jersey, Pennsylvania and Florida.Century 21 joins more than two dozen retailers who have filed for bankruptcy since the pandemic which forced non-essential stores to temporarily close.Century 21 said that the decision followed nonpayment by the company’s insurance providers of about 5 million due under policies put in place to protect against losses stemming from business interruption.That insurance money helped it rebuild its downtown Manhattan flagship store after it was damaged by the 9/11 attacks. 794

NEW YORK (AP) — Uber shares sunk even further after its disappointing stock market debut as doubts lingered over the company's ability to turn a profit and trade tensions dragged down the overall market.The ride-hailing giant's stock fell 10% and hovered around Monday afternoon on Uber's first full day of trading.The mounting losses followed Uber's disappointing initial public offering. On Friday, it took a 7 million hit — the largest loss on the first day of trading by a U.S.-based company in recent history, according to Renaissance Capital.Uber's earliest investors are still making money off the IPO, but "for late-round investors, it's possible by the time they exit they will end up with a loss," said Jay Ritter, finance professor at the University of South Florida.Among the recent big investors — and perhaps losers — is PayPal, which had disclosed plans to buy 0 million in Uber stock at the IPO price of .Uber has had no trouble convincing venture capitalists to pour money into its earlier funding rounds, but with its unclear path to profitability, it's having a more difficult time with Wall Street investors."It's clearly a high-risk, high-reward scenario. You're betting on something that may happen 10 years down the road," said Matt Kennedy, senior IPO market strategist at Renaissance Capital, a manager of IPO exchange traded funds. "Public investors are looking at profits and not seeing any, and the company's growth in the last quarter was relatively strong, but I don't think it blew anyone away."Uber's main U.S. rival, Lyft, is in a similar spiral. Its stock was trading below on Friday, down 33% from its IPO price of .It's rare to see shares in a tech company hit so hard upon going public. Over the past five years, just 10% of similar companies finished their first day of trading below their IPO price, Kennedy said.Uber's revenue last year surged 42% to .3 billion, but the company admits it could be years before it turns a profit. 2000
NEVADA — The wait continues to see who will clinch the needed 270 electoral votes to win the presidency. Ballots are still being counted in critical battleground states, including Nevada.Nevada's six electoral college votes could be the deciding factor in this election.So what's taking so long to count the ballots?"It's taking a little longer than normal this year because every active voter received a mail-in ballot this year," explained Nevada Attorney General Aaron Ford."Processing mail takes time because election officials must ensure that no one has more than one vote," he said."And counting ballots has also taken time because we have many safeguards in place to prevent fraud," added Ford, "such as signature verification, unique bar codes and other tools."Ford says officials knew the ballot counting process would take some time this year and adds that our counting procedures are overseen by a bi-partisan board in each county.He also says state officials have zero concerns about the ballots right now and are more focused on being accurate and fair.The Clark County Registrar of Voters Joe Gloria will provide daily updates on behalf of the county at 10 a.m.This story originally reported by Alicia Pattillo on ktnv.com. 1247
New research may be hard for some dog owners to accept; the study found that dogs do not understand every word a human says to them.The researchers say dogs cannot hear subtle differences between words the way humans can. For example, the difference between “dog” and “dig” sounds different to human ears, but not so different to dog ears.The researchers came to their conclusion after measuring brain activity of family dogs by taping electrodes to the animals’ heads. They then played recordings of instruction words they knew, like “sit,” then similar-sounding nonsense words, like “sut,” and finally an unrelated nonsense word or sound, like “bep.”The dogs in the study, who were not trained ahead of the study, could quickly tell the difference between the instruction words and the unrelated nonsense words."The brain activity is different when they listen to the instructions, which they know, and to the very different nonsense words, which means that dogs recognize these words," lead study author and postdoctoral researcher at E?tv?s Loránd University in Budapest, Lilla Magyari told CNN.So, the good news is, yes, dogs are listening to human words and understanding some.However, brain activity showed a similar reaction in the dogs between the instruction word and the similar nonsense word.Dogs are renowned for their auditory capacity and ability to hear words and sounds, however the results show they may not be able to distinguish between subtle speech sound differences.Magyari says more research is needed to understand why this is."They may just not realize that all details, the speech sounds, are really important in human speech. If you think of a normal dog: That dog is able to learn only a few instructions in its life," she told CNN.The study was published this week in the Royal Society Open Science journal. 1845
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