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WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse. The number of applications increased from 862,000 the previous week. It showed that nine months after the viral pandemic paralyzed the economy, many employers are still slashing jobs as the pandemic forces more business restrictions and leads many consumers to stay home. Before the coronavirus erupted in March, weekly jobless claims had typically numbered only about 225,000. The far-higher current pace of claims reflects an employment market under stress and diminished job security for many.The new figures were released as federal lawmakers neared a deal for further COVID-19 stimulus, which could include government-issued checks and extended unemployment benefits. 884
Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's.In return, Walmart will receive £2.97 billion (.1 billion) in cash and a 42% stake in the combined business, the companies said in a statement on Monday.The deal values Asda at £7.3 billion ( billion), and creates a mega retailer with 2,800 stores and combined sales of roughly £51 billion ( billion).The sale of Asda follows Walmart's exit from Germany, its other major outpost in Europe, in 2006.Walmart could use the cash to fuel its expansion in other international markets. The US retailer is reportedly close to agreeing to invest in India's Flipkart, an online retailer that has also attracted attention from Amazon."This proposed merger represents a unique and bold opportunity, consistent with our strategy of looking for new ways to drive international growth," Judith McKenna, the CEO of Walmart International, said in a statement.The combination with Asda will give Sainsbury's more firepower as it confronts digital competitors including Amazon and aggressive discount chains, such as Germany's Lidl and Aldi.It also creates a new UK market leader: Sainsbury's and Asda together control over 31% of the grocery market, according to Kantar Worldpanel. The current industry front runner, Tesco, has nearly 28%.Regulators will have a close look at the deal, but the geographical distribution of Sainsbury and Asda stores could limit concerns over reduced competition.Upmarket Sainsbury's is strong in southern England, while Asda, which tends to have larger stores and lower prices, is well represented in the north. Together, the supermarket chains employ 330,000 people.The UK Competition and Markets Authority last year approved Tesco's takeover of wholesaler Booker, saying the deal would not reduce competition in the sector, which is known for its razor-thin margins and frequent price wars. 1929
WASHINGTON (AP) — Attorney General William Barr defended the aggressive federal law enforcement response to civil unrest in America as he testified for the first time before the House Judiciary Committee. He pushed back against angry, skeptical Democrats who said President Donald Trump’s administration is unconstitutionally suppressing dissent. The hearing, held Tuesday as the late civil rights icon John Lewis laid in state steps away in the Capitol rotunda, highlighted the wide election-year gulf between the two parties on police brutality and systemic racism in law enforcement, which Barr argued does not exist. Massive protests have sparked unrest across the nation following the death of George Floyd at the hands of Minneapolis police and calls for reform have grown louder.Tuesday's hearing is part of a series of hearings in which Democrats on the committee are holding to investigate what they say has become a politicized department. In his opening statements, Barr referred to an investigation into the 2016 Trump campaign's ties to Russia as "bogus" and asserted that he acts independently of President Donald Trump and his administration. He also addressed ongoing protests across the country and the Trump administration's use of federal agents to restore peace. Barr referred to protesters as "anarchists" and "violent rioters" have "hijacked" peaceful movements following the death of George Floyd.Barr did refer to Floyd's death as "horrible" and added that the incident "understandably jarred the whole country and forced us to reflect on longstanding issues in our nation."When pressed by Chairman Jerry Nadler, D-New York, on the deployment of federal agents to cities like Portland, Barr said that he's made it clear that he would like to "pick the cities" where agents are sent, "based on law enforcement need." Many of the agents that have been deployed are part of the Department of Homeland Security.Later, Barr was pressed by Rep. Sheila Jackson Lee, D-Texas on the current state of policing in America. During the questioning he said he does not believe there is widespread systemic racism with law enforcement entities in the country. He also said he is against the removal of qualified immunity, a statute that protects law enforcement agents from prosecution in some use of force cases. Democrats pressed Barr on his handling of the Mueller report and the Department's intervention in legal cases against two Trump allies: Roger Stone and Michael Flynn.In Stone's case, the Department of Justice backtracked on an initial sentencing recommendation of between seven and nine years in prison for lying to Congress. The department later recommended a lesser sentence, prompting all DOJ lawyers assigned to Stone's case to resign. Trump later commuted Stone's sentence.Democrats repeatedly pressed Barr on his Department's decision to rescind its initial sentencing recommendations as favoritism and cronyism. Barr defended the move by saying that he did not feel that Stone, a 67-year-old man with no prior convictions, deserved to go to prison for seven years.In the Flynn case, the Department of Justice dropped charges against Trump's national security adviser for lying to the FBI earlier this year — three years after Flynn pleaded guilty to the charges and then later tried to withdraw his plea.In early June, Barr was among a group of Trump administration officials who appeared in a photo in front of St. John's Episcopal Church in Washington with the president — a photo that required the forceful dispersal of thousands of peaceful protesters at Lafayette Park near the White House.Tuesday's hearing was delayed for about an hour after committee chairman Jerry Nadler was involved in a car accident on his way to Capitol Hill. According to CNN and Politico, Nadler was not hurt but was late in reaching the Capitol. 3866
WASHINGTON — President Donald Trump says the Food and Drug Administration has issued an emergency use authorization for convalescent plasma to treat COVID-19 patients.WATCH PRESS CONFERENCE:Trump, announcing the decision Sunday at the White House, called convalescent plasma a “powerful therapy.” He says the FDA’s action will expand access to the treatment, which is already being used. The treatment involves transferring antibodies from recovered COVID-19 patients to patients suffering from the disease.On Sunday, Trump said the administration have provided million to fund the Mayo Clinic study that studied the efficiency in patients that have the virus."Through this study, over 100,000 Americans have already enrolled to receive this treatment, and it is proven to reduce mortality by 35%," Trump said. "It's a tremendous number. The FDA, M.I.T., Harvard, and Mount Sinai Hospital have also found convalescent plasma to be a very effective method of fighting this horrible disease. Based on the science and the data, the FDA has made the independent determination that the treatment is safe and very effective."Trump also announced the administration provided up to 0 million to the American Red Cross and America's blood centers to support the collection of up to 360,000 units of plasma.Department of Health and Human Services Secretary Alex Azar said that patients with the virus who were treated within three days of being diagnoses benefited the most from the treatment."We saw about a 35% under survival in the patients who benefited most from the treatment, who were patients under 80 and not on artificial respiration," Azar said.The announcement follows days of suggestions by White House officials of politically motivated delays by the FDA in approving a vaccine and treatments for the disease caused by the coronavirus.Trump made the announcement on the eve of the Republican National Convention that will nominate him to run against Democrat Joe Biden. 1988
Virtual Reality Marketing. Virtual Reality AdvertisingSAN DIEGO (KGTV) -- As San Diegans, we’re lucky to have some of the world’s best beaches in our backyard. But there’s another, lesser-known way, to experience them: parahawking."To me, it's an entirely different experience, it's like you're a bird flying around with other birds," said Dave Metzgar, owner of Total Raptor Experience and FlyWithABird.com.Dave Metzgar combined his two obsessions, flying and falconry, to give people the rare experience of parahawking at Torrey Pines Gliderport."We train them to come back to us and to trust people for security and for food, but to otherwise essentially do what they would do in nature," said Metzgar. Guests are able to soar alongside a trained free-flying falcon in a tandem paraglider. Metzgar says the coastal cliffs of La Jolla offer the best and most consistent flying conditions on earth, allowing soaring birds and paragliders to fly effortlessly over the breathtaking coast. For those who prefer to stay on ground, Total Raptor Experience offers another way to connect with birds of prey, guiding customers on the basic steps of raptor handling.Classes and Pricing 1216