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NEW YORK (AP) — The U.S. has surpassed 1 million new confirmed coronavirus cases in just the first 10 days of November, with more than 100,000 cases each day becoming the norm in a surge that shows no signs of slowing. The latest surge in U.S. coronavirus cases appears to be much larger than the two previous ones, and it is all but certain to get worse. Deaths are climbing again, reaching an average of more than 930 a day. However, experts say medical and testing advances give them reason to believe the nation is better able to deal with the virus this time. On Monday, the number of coronavirus cases in the US passed 10 million since the start of the pandemic.Despite a rise in recorded cases, the University of Washington's IHME model projects up to 2,000 coronavirus-related deaths per day by the end of December. During the height of the pandemic in April, the US roughly averaged 2,000 coronavirus-related deaths per day. 942
News helicopters in Philadelphia captured demonstrations turning into lawlessness as several people were seen breaking into businesses Tuesday evening.Philadelphia Police said that a crowd of approximately 1,000 people were looting a business in Philadelphia on Tuesday.The unrest began on Monday after Walter Wallace Jr., a 27-year-old Black man, was shot and killed by officers in Philadelphia. Spokesperson Tanya Little of the Philadelphia Police said that Wallace was ordered to drop a knife before being shot by officers.The incident was captured on video from a bystander, and Little confirmed that two of the officers were wearing body worn cameras. Whether that video will be publicly released will be determined in the coming days.Video of the incident showed officers pointing a weapon at Wallace. After trying to back away from Wallace, officers then fired at him.Police Commissioner Danielle Outlaw said that a full investigation of what transpired is underway.Shaka Johnson, an attorney representing the Wallace family, told the Inquirer that family called for an ambulance and not officers. Johnson said that Wallace's pregnant wife told officers that Wallace had a bipolar condition. 1206
NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman ever to lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession Thursday. Fraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi's massive credit card business. For 16 years, Fraser has worked in various departments within Citi:- 2015-19: Chief Executive Officer of Citi’s Latin American region.- 2013-15: Chief Executive Officer of the U.S. Consumer and Commercial Banking and CitiMortgage. - 2009-13: Chief Executive Officer of Citi's Private Bank. - 2007-09: Global Head of Strategy and Mergers & Acquisitions.In 2004, she joined the company in its Corporate and Investment Banking division.She previously worked at McKinsey & Company, Goldman Sachs, and Asesores Bursátiles.Fraser also serves as a member of the Board of Dean’s Advisors at Harvard Business School and Stanford University’s Global Advisory Council. She's also a member of the Council on Foreign Relations.She earned her M.B.A. from Harvard Business School and an M.A. in economics from Cambridge University.Fraser's climb to the CEO role is a major accomplishment in an industry long dominated by men. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis.Corbat had been with the company for 37 years. 1500
NEW YORK (AP) — Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids clothing that will be sold at Gap next year. Yeezy is best known for its pricey sneakers that quickly sold out online, but Yeezy footwear won't be sold at Gap. The retailer hopes the deal will keep it relevant with shoppers as its sales dwindle. For Yeezy, it could get the brand in front of more people, since the line will be sold at Gap's more than 1,100 stores around the world. 498
NEW YORK (AP) — President Donald Trump's former lawyer has been released from prison after a federal judge ruled that a move to revoke his home confinement was retaliatory.Michael Cohen was released from a prison in Otisville, New York on Friday after U.S. District Judge Alvin Hellerstein ordered him freed on Thursday.Cohen had sued the government saying he was ordered back to prison on July 9 because he was writing a book about Trump.Hellerstein said Cohen’s First Amendment rights were violated by the decision.The Bureau of Prisons said Cohen's book plans played no role in his reimprisonment. 608
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