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The FBI charged a former Google executive and one of the leading engineers in the self-driving car industry Tuesday with stealing trade secrets when he left the company to join Uber.Anthony Levandowski was charged with 33 counts of trying to steal proprietary information from Google.Levandowski first joined Google in 2007. By 2015, he was a high-ranking executive working on self-driving cars for the company.According to US attorney David L. Anderson, an indictment alleges that beginning in September 2015, Levandowski began moving company files from his work computer to his personal computer.In January 2016, Levandowski announced he was leaving Google to start his own self-driving cat company, Otto. That company was later acquired by Uber.In 2018, Levandowski settled a lawsuit with Waymo, Google's self-driving car division, that alleged he stole trade secrets from the company before he left.More on this as it develops. 943

The COVID-19 outbreak has resulted in massive layoffs around the country. Millions of Americans have filed for unemployment benefits. If you are someone who needs to file for unemployment, there are a few things you need to know before signing up.Vicki Salemi, a career expert for Monster Jobs, says full-time and part-time workers can apply for unemployment benefits, which can provide monetary relief when you have been terminated from a job.And in some states, gig workers like Uber and Lyft drivers, can also file for unemployment benefits. “State rules and state eligibility differ,” Salemi explained. “Your best point of reference for your own state is to go to 680

The Institute for Health Metrics and Evaluation has published projections on just how the onslaught of COVID-19 cases are expected to impact the nation and all 50 states in the coming weeks. The data, which the White House has used to help advise President Donald Trump and members of the coronavirus task force, is dubbed the "Chris Murray Model." The Chris Murray Model is made available through the University of Washington website. It is updated every morning based on testing from around the country.Dr. Debroah Birx, a member of the White House coronavirus task force, said that the data is consistent with projections used from 12 other sources the White House has relied on to model its COVID-19 projections. "We’ve reviewed 12 different models, and then we went back to the drawing board over the last week or two, and worked from the ground up utilizing actual reporting of cases," Birx said in a White House briefing on Sunday. "It’s the way we built the HIV model, the TB model, and the malaria model. When we finished, the other group that was working in parallel which we didn’t know about, (Institute for Health Metrics and Evaluation) and Chris Murray, ended up at the same numbers. So if you go on his website, you can see the concern that we had with the growing number of potential fatalities.” As of Tuesday, the Chris Murray Model projects that the United States would see a peak demand of ICU visits around April 11 and hospitalizations on April 15. The data also projects that the national peak of deaths per day would come around April 15. Unfortunately, the data suggests that the demand in most states will far exceed the supply for ICU beds. In New York, the number of patients requiring an ICU bed will exceed the supply of such beds by 12 times, based on the projection. In Louisiana, the demand for ICU beds is expected to be three times the supply. The Chris Murray Model does offer some optimism that the United States will successfully "flatten the curve." Only a handful of states are expected to have a shortage of overall hospital beds. It also shows that numbers in most states will begin to tail off by early May, although some states, such as Virginia, could still be dealing with a number of cases well into June. The model also assumes that every state will maintain social distancing guidelines through the duration of the epidemic, which offers a key variable on how the numbers could change. The Chris Murray Model does have a slightly more optimistic outlook on the number of fatalities compared to official White House figures. The Chris Murray Model projects a death toll of nearly 84,000 COVID-19-related deaths into the summer, giving an overall projected range of nearly 36,000 to 154,000. The White House said on Tuesday that it is projecting a national death toll of 100,000 to 240,000. The projection shows that as many Americans will die from COVID-19 in April compared to an entire high-end flu season, even with social distancing guidelines in place. Click 3025

The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history.The move would come despite a strong US economy. But some cracks are beginning to show: The global economy is softening, American manufacturing is slowing, and the global trade war isn't helping matters.But a potential rate cut would also follow months of pressure from President Donald Trump, who has broken with his predecessors' practice of walling off the central bank from politics.Jerome Powell, the chairman of the world's most influential central bank, has repeatedly pledged to follow economic data, and policymakers have become increasingly worried that uncertainty, caused in part by the President's trade wars with China and other countries, will hamper global growth and dampen investment."We are carefully monitoring these developments and assessing their implications for the US economic outlook and inflation, and will act as appropriate to sustain the expansion," Powell reiterated in remarks delivered at a French government conference in Paris on July 16.Even before the central bank signaled the possibility last month, investors had already priced in a reduction in the federal funds rate, which influences the cost of mortgages, credits cards and other borrowing. Those expectations piled on additional pressure on the Fed to move at this week's meeting to avoid rattling markets with an abrupt change in course.The Fed chairman has brushed off such pressures -- political or otherwise -- arguing the Fed is "insulated" from such demands as an independent institution outside of the control of the White House and whose decisions are informed by incoming economic data.The Fed last raised rates in December but has backed off plans for further tightening.In June, Powell began to make the case that the Fed, like other central banks, around the world needed to act earlier to get ahead of any economic weakness especially given how low interest rates currently are -- a reversal from his previous stance."If you see weakness, it's better to come in earlier rather than later," Powell said at an appearance before the Council on Foreign Relations in New York. "I think most central banks would want to act preemptively and let a downturn gather steam, in a sense, the thought being an ounce of prevention is worth a pound of cure."That message has been echoed by other top officials, including Federal Reserve Bank President William Dudley.Efforts by the Fed to prevent an economic downturn is unlikely to win a reprieve from the White House. A day before policymakers were set to gather for their two-day interest-setting meeting in Washington this week, Trump chastised the Fed for making "all the wrong moves," adding, "a small rate cut is not enough."Trump has kept up a year-long relentless attacks against the Fed, often lamenting he regrets appointing Powell for the role, and going so far as to threaten to fire him. He's called the central bank his "biggest threat" and accused them of behaving like a "stubborn child" for refusing to cut rates and keeping credit too tight.It will be up to Powell during his now-routine press conference to justify the decision to plow ahead with a rate cut given some prevailing strength in the economy. Since their last meeting in June, the data has consistently surprised to the upside with stronger-than-expected job gains, retail sales and economic growth in the second quarter.Wall Street analysts also suggest Friday's upcoming jobs numbers will also be an important economic milestone that will determine whether a further rate hike may be coming as early as September as some anticipate."Expect an overall strong report, eroding the case for further cuts, but given the strong easing bias of Fed leaders, much depends on exactly how strong the report is and how they adjust their messaging in response," Josh Wright, iCIMS' chief economist and former Fed staffer said. "'One and done' still seems like an economically justifiable outcome." 4095

The clicket-clacks of dancing tap shoes have been a part of Gene GeBauer’s life for more than seven decades. These days, he uses a cane for assistance — something he says is sad, “but gee, I’m 85!”Despite the stick by his side, he still gets just as much joy as he did when he first set foot on the dance floor when he was 12 years old.“I danced so much that I just kept getting better and better and better,” GeBauer says from one of several studios in suburban Denver, Colorado, he teaches at.In fact, he was so good that he soon made his way to New York, landing parts in six of the biggest Broadway shows of the 60s and 70s.“I wanted to shout to everybody and say ‘I’m in a Broadway show!’” he says smiling. “I didn’t, but that’s how happy I was.”He danced alongside Carol Burnett in ‘Once Upon a Mattress,’ Julie Andrews in ‘Camelot,’ and Carol Channing in his favorite gig of all: ‘Hello, Dolly.’“’Hello, Dolly’ became, you know, a huge hit!” he says glowing. “That was the highlight of my life. That doesn’t really happen.”After having left New York to start a family, he eventually settled in Colorado where he’s still teaching tap. He says he’s slowing down, but his class schedule says otherwise.“I teach — ” he pauses to think. “Tuesday, Wednesday, Thursday, Friday, Saturday — five days a week.”And even though he will occasionally instruct from his chair — "I’m weak and get a little foggy sometimes” — seeing his students’ faces when they move is almost just as good. “That is a pleasure, to see them. They smile when they’re dancing, they’re happy.”“That is rewarding,” he says, smiling. 1619