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GENEVA (AP) — The U.N. humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of COVID-19, projecting that a staggering 235 million people will require help in 2021.This comes as a result of the coronavirus pandemic and global challenges, including conflicts, forced migration, and the impact of global warming.“The humanitarian system again proved its worth in 2020, delivering food, medicines, shelter, education, and other essentials to tens of millions of people,” said UN Secretary-General António Guterres in a press release. “But the crisis is far from over. Humanitarian aid budgets face dire shortfalls as the impact of the global pandemic continues to worsen. Together, we must mobilize resources and stand in solidarity with people in their darkest hour of need.”The U.N. Office for the Coordination of Humanitarian Affairs, or OCHA, expects a 40% increase in the number of people in need of such assistance in 2021 compared to this year.OCHA made the projections in its latest annual Global Humanitarian Overview on Tuesday, saying its hopes to reach 160 million of those people in need will cost billion. Still, OCHA says they’ve only raised billion thus far.UN humanitarian chief Mark Lowcock told a U.N. briefing that the U.N. appeal could raise billion by the end of the year, which according to the Associated Press, is billion more than last year.“We can let 2021 be the year of the grand reversal – the unraveling of 40 years of progress – or we can work together to make sure we all find a way out of this pandemic,” Lowcock said. 1621

Halloween may be a little spookier this year. A blue moon is set to light up the sky on Oct. 31.Many have heard the phrase, “once in a blue moon.” It refers to something rare, just like this celestial event. NASA says we’re only treated to blue moons every two and a half years, on average.A blue moon is the second full moon in a calendar month, according to modern folklore. And since there are 29 days between moons and most months have 30 or 31 days, having two full moons in a month doesn’t happen often.The next blue moon isn’t expected until Aug 31, 2023, according to MoonGiant.com.Don’t expect a giant blue orb in the sky though. These moons look the same as any other.Before the blue moon on Halloween, another full moon will appeared in the sky on Oct. 1. The first was called the harvest moon and the second will be referred to as the hunter’s moon, according to the Old Farmer’s Almanac.The Farmer’s Almanac says a full moon on Halloween is also rare and only happens every 18 to 19 years. 1010

General Electric is cutting its stock dividend for only the second time since the Great Depression.The company announced Monday that it will cut the dividend from 24 cents to 12 cents per share.GE is one of America's most widely held stocks, and countless shareholders, including retirees, rely on the dividend payments. But the company is under enormous pressure to restore investor confidence. The stock has lost a third of its value this year.The company also cut its dividend in 2009, during the Great Recession. But dividend cuts are rare these days. Many companies are increasing them because the U.S. economy is healthy and the stock market is booming.GE plans an update for investors Monday morning and is expected to detail a strategy to stabilize the company by slashing costs and selling more businesses.It has already gotten rid of its real estate portfolio, its dishwasher and appliance business, and media properties NBC and Universal Studios. More recently, it unloaded its water business and a unit that makes electrical equipment for utilities.Even the light bulb division is up for sale as part of GE's mission to focus on being a modern industrial company that sells things like jet engines, power plants and MRI machines.GE confirmed on Friday that job cuts, some of which have begun, are part of a previously announced plan to cut costs by billion.  1386

General Electric is under such financial stress that new CEO Larry Culp is slashing the troubled conglomerate's 119-year-old dividend to just a penny a share.GE revealed on Tuesday worse-than-expected results and a billion accounting writedown for its beleaguered power division. Culp plans to split up the power division to accelerate a turnaround.The company also announced that the SEC and Justice Department are investigating the charge, which reflects the deterioration of businesses GE has acquired. The news adds to GE's mounting legal problems and helped send the stock to a nine-year low in volatile trading.In a bid to fix GE's debt-riddled balance sheet, Culp announced the company will cut its quarterly dividend from 12 cents a share starting in 2019. By paying just a token dividend, GE (GE) will save about .9 billion of cash per year.Analysts had been anticipating a potential dividend cut, though not one of this magnitude.It's an especially painful move for a company that long viewed its stable dividend as a source of pride. But years of bad decisions forced GE to halve its dividend last November for just the second time since the Great Depression. The dividend cuts deal a blow to the many GE retirees and mom-and-pop shareholders who long relied on the cherished payouts."We are on the right path to create a more focused portfolio and strengthen our balance sheet," Culp said in a statement.Culp, who was suddenly named CEO on October 1, acknowledged during a conference call "this is not a quarter that we're particularly proud of." 1572

Has @BubbaWallace apologized to all of those great NASCAR drivers & officials who came to his aid, stood by his side, & were willing to sacrifice everything for him, only to find out that the whole thing was just another HOAX? That & Flag decision has caused lowest ratings EVER!— Donald J. Trump (@realDonaldTrump) July 6, 2020 348