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Amazon said that beginning Tuesday, customers at its two Amazon Go stores in Seattle can use a device that will scan their palms before entering the store that will sync to their credit card with their hand signature.The company announced the launch in a blog post."We believe Amazon One has broad applicability beyond our retail stores, so we also plan to offer the service to third parties like retailers, stadiums, and office buildings so that more people can benefit from this ease and convenience in more places," Dilip Kumar, Vice President Physical Retail & Technology at Amazon, said in the blog post.The way the contactless device Amazon One works is that customers will insert their credit card into the device, hover their hand over the scanner, and follow the prompts to associate the card with their palm signature built for them by the machine.The company said customers could use both palms or one to enroll. Once a consumer enrolls, they'll need to place their palm over the Amazon One device at the entrance.The company plans to add more of the devices in the coming months to other Amazon stores.Amazon says you don't need an Amazon account to use the Amazon One device.The company said the device "protected by multiple security controls and palm images are never stored on the Amazon One device," according to the FAQ on its site."The images are encrypted and sent to a highly secure area we custom-built in the cloud where we create your palm signature," Kumar said. 1499
According to analysis by Lending Tree, Black borrowers are more than twice as likely to be denied credit than white Americans.According to the data, 57% of loan applications by Blacks making ,000 to 0,000 were rejected or approved for amounts lower than request, compared to just 22% for whites. Blacks making 0,000 or more annually had 31% of their applications rejected or approved for lower amounts than requested, compared to just 10% for whites.The analysis also found that Black Americans with college degrees experienced more debt. The study found that Black bachelor’s degree recipients had 20% more student loan debt than whites with bachelor’s degrees."It's encouraging that Americans are having these conversations more openly and with more vigor and purpose,” Tendayi Kapfidze, chief economist at LendingTree, said. “Highlighting these racial disparities shows that systemic issues have held back generations of our fellow citizens. It is ultimately to the detriment of everyone as the economy is deprived of our best efforts by denying opportunities to many capable people. The creation of these disparities was and is often government-sanctioned and enforced, and so they should be addressed via legislative remedies in addition to societal change."Compounding the challenges for Blacks to obtain lending, the data showed that the median net worth of Black families is one-tenth of those of white families.Lending Tree said it used 2018 Bureau of Labor Statistics data, 2020 Economic Policy Institute report, various Federal Reserve data, 2020 Federal Reserve Bank of St. Louis data, 2017 National Center for Education Statistics report, 2020 Pew Research Center report and U.S. Census Bureau to conduct its analysis.To read the full study, click here. 1783
After the rapid roll out in the U.K. of Pfizer and BioNtech’s COVID-19 vaccine, Britain’s Medical and Healthcare Products Regulatory Agency is warning people who have severe allergies, like those who have to carry around an adrenaline shot, to refrain from getting the vaccine for now.“Two individuals seemed to have a severe allergic reaction,” Dr. William Moss said.Dr. Moss is the executive director of International Vaccine Access Center at Johns Hopkins Bloomberg School of Public Health. He says we need to better understand what those two people had an allergic reaction to.“This isn’t kind of completely out of the blue," Dr. Moss said. "These kinds of things are rare events, but they sometimes occur, and it’s usually to some kind of component or chemical in the vaccine that the individual’s immune system is responding to in a very abnormal way, creating this very intense allergic reaction.”Even though it’s rare, Dr. Moss says it’s important to provide clarity on issues like this so people can trust the information they’re getting is reliable and true. Otherwise, there’s room for misinformation to spread. Many myths have already been circulating online about the vaccine.Myths include things like Dr. Anthony Fauci will personally profit from a COVID-19 vaccine, or government food stamps will be denied to those who refuse COVID-19 vaccines, or the mRNA vaccines being developed for COVID-19 will alter human DNA.“The MRNA vaccine, that doesn’t change our DNA in any way," Dr. Moss said. "These are not genetically altering vaccines. That Messenger RNA stays in the cytoplasm. It’s basically just a code for our bodies to make the spike protein of the SARS coronavirus-2 and then induce our immune response.”One internet resource that can help you discern which sources offer actual facts is NewsGuard. The company has a team of journalists who review and rank the credibility of sources to help people know whether or not they can trust the information is true.NewsGuard Health Editor John Gregory says each myth has a tiny grain of truth that is taken out of context and exaggerated. For example, another popular myth is that the COVID-19 vaccine will use microchip surveillance technology created by Bill Gates-funded research.“Bill Gates did fund research into what is not a microchip, but what was supposed to be a detectable tattoo that would help track vaccines in the third world where there’s not robust medical records so you could just scan something, and a doctor would be able to tell ‘ok this child got this vaccine,’" Gregory said. "It’s not a tracking device because you can’t track it unless you’re in direct contact with the person, and it also had nothing to do with the pandemic.”Dr. Moss says the microchip myth sounds like a sci-fi movie."These are vaccines," Dr. Moss said. "These are biological products that are designed to produce an immune response against the SARS-Coronavirus-2 so that individuals who are exposed to the virus either don’t get infected – that would be ideal – or at least are protected from developing severe disease, hospitalization and death.”Living in a society where we’re constantly bombarded with new information right at our fingertips, how are we supposed to know who we can trust?“The best thing people can do is know more about the sources of information that they are absorbing about the vaccine," Gegory said. "What their history and what their agenda may be when it comes to previous disease outbreaks and previous vaccines.”Dr. Moss says even though it’s been done in a quick manner, it’s critical people understand these vaccines have gone through a rigorous scientific process to be approved.“Vaccines are going to be key, a key tool in our toolbox to getting out of this pandemic.” 3771
All the big box stores are already offering holiday deals. They're ramping them up even more at the beginning of November.Our online shopping habits from the beginning of the pandemic, when you may have purchased things because you felt anxious or sad, may be setting us up to overspend now.“You're just so determined to feel better that you suddenly care less about the price, so there are these financial aspects that can build on top of those emotional ones,” said Lisa Rowan, Personal Finance Expert at Forbes Advisor.Rowan says our emotions throw off any sort of spending rules we've set for ourselves.To reverse the spending habits you may have picked up, experts say it typically used to take three weeks.“Experts have been saying lately that it takes longer than that, two to three months,” said Rowan. “It could be more and the thing with building a habit is not necessarily that you do it perfectly every time, but that you take steps and learn as you go.”Other things to do to retrain your brain include making your budget official.Rowan says if you write it down and put it in a place, you can see you'll be better off, because you're not just relying on your brain to know the rules you set for yourself.She also says to set yourself a shopping curfew.Researchers say you have to know your body and when you may be worn down and more likely to overspend. 1375
AMC Theatres announced Tuesday that it plans on opening “almost all” of its locations in July amid speculation over the company’s future.The theater chain, which has nearly 1,000 US locations, said it expects to be open for the July 17 release of “Tenet” and the July 24 premiere of “Mulan.”AMC did not unveil exact social distancing measures that would be implemented, but said it is working with Harvard University’s School of Public Health to develop best practices. AMC added that it is developing protocols for personal protection equipment, cleaning, limited theater capacity, blocked seating, and other strategies.“These are truly unprecedented times. I join with all our employees around the world to offer our sympathies to those affected by the coronavirus, as well as our sincerest gratitude to those on the front lines,” said Adam Aron, CEO and President of AMC. “After starting the year with two solid months of revenue growth compared to last year, in mid-March we were forced to pivot the entire company to respond to the effects of the pandemic.”Aron said the company “is confident we are taking the necessary steps on a broad array of fronts to ensure AMC’s future success as we navigate these turbulent and uncertain times.”During its announcement, AMC unveiled its Quarter 1 figures, showing that the company took a nearly billion loss after seeing nearly all of its theaters close during the spread of the coronavirus.The first quarter results only covered AMC’s financial situation as of March 31, but showed a steep decline in revenue and attendance through the first three months of the year compared to 2019 as theaters began to close in mid-March. 1683