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Stocks are tanking, and the tech world's richest executives are losing billions.Amazon, Apple, Facebook and Google are getting hammered as investors sell their shares and retreat into safer territory.The founders, CEOs and top investors in those companies are losing money quickly.Amazon CEO Jeff Bezos has lost roughly billion since his net worth and peaked in early September at 8 billion, according to?the Bloomberg Billionaires Index. Amazon's stock (AMZN) has dropped more than 25% since then and is currently trading around ,500 a share, leaving Bezos with a 6 billion nest egg.It's not all bad news for him: Bezos is still the world's richest person.On Tuesday, Bezos and wife MacKenzie donated 0 million to two non profits that aim to end homelessness in America. It's part of the pair's pledge to donate? billion to fund existing nonprofits that help homeless families and to create a network of preschools in low-income communities.Facebook CEO Mark Zuckerberg's wealth is also taking a beating. He's lost roughly billionfrom his peak worth in late July and is now worth billion. He ranks as the seventh richest person in the world.Facebook has been rocked this year with a cascading series of problems, including a proliferation of hate speech on its platform, Russian political interference and the Cambridge Analytica data privacy scandal.Facebook's (FB) stock has lost 40% of its value since July and is currently trading around 0 a share. The company continues to struggle with?executive departures and damaging exposés.Like Bezos, Zuckerberg and his wife, Priscilla Chan,?have pledged 99% of their wealth to their organization for philanthropic needs. They also recently donated 4 million to another nonprofit.Microsoft founder Bill Gates, who still owns 1% of the tech company, has lost billion from his high in early October. He's still worth roughly billion and ranks as the second richest person the world, according to Bloomberg. 2066
States drafted plans Thursday for who will go to the front of the line when the first doses of COVID-19 vaccine become available later this month, as U.S. deaths from the outbreak eclipsed 3,100 in a single day, obliterating the record set last spring.With initial supplies of the vaccine certain to be limited, governors and other state officials are weighing both health and economic concerns in deciding the order in which the shots will be dispensed.States face a Friday deadline to submit requests for doses of the Pfizer vaccine and specify where they should be shipped, and many appear to be heeding nonbinding guidelines adopted this week by the Centers for Disease Control and Prevention to put health care workers and nursing home patients first.But they’re also facing a multitude of decisions about other categories of residents — some specific to their states; some vital to their economies.Colorado’s draft plan, which is being revised, puts ski resort workers who share close quarters in the second phase of vaccine distribution, in recognition of the billion industry’s linchpin role in the state’s economy.In Nevada, where officials have stressed the importance of bringing tourists back to the Las Vegas Strip, authorities initially put nursing home patients in the third phase, behind police officers, teachers, airport operators and retail workers. But they said Wednesday that they would revise that plan to conform to the CDC guidance.In Arkansas, Gov. Asa Hutchinson said health care and long-term care facility workers are the top priority, but the state was still refining who would be included in the next phase. A draft vaccination plan submitted to the CDC in October listed poultry workers along with other essential workers such as teachers, law enforcement and correctional employees in the so-called 1B category.Poultry is a major part of Arkansas’ economy, and nearly 6,000 poultry workers have tested positive for the virus since the pandemic began, according to the state Health Department.“We know these workers have been the brunt of large outbreaks not only in our state, but also in other states,” said Dr. Jose Romero, the state’s health secretary and chairman of the CDC’s Advisory Committee on Immunization Practices.Plans for the vaccine are being rolled out as the surging pandemic swamps U.S. hospitals and leaves nurses and other medical workers shorthanded and burned out. Nationwide, the coronavirus is blamed for more than 275,000 deaths and 14 million confirmed infections.The U.S. recorded 3,157 deaths on Wednesday alone, according to the tally kept by Johns Hopkins University. That’s more than the number of people killed on 9/11 and shattered the old mark of 2,603, set on April 15, when the New York metropolitan area was the epicenter of the U.S. outbreak.The number of Americans in the hospital with the coronavirus likewise hit an all-time high Wednesday at more than 100,000, according to the COVID Tracking Project. The figure has more than doubled over the past month. And new cases per day have begun topping 200,000, by Johns Hopkins’ count.The three main benchmarks showed a country slipping deeper into crisis, with perhaps the worst yet to come — in part because of the delayed effects from Thanksgiving, when millions of Americans disregarded warnings to stay home and celebrate only with members of their household.Keeping health care workers on their feet is considered vital to dealing with the crisis. And nursing home patients have proven highly vulnerable to the virus. Patients and staff members at nursing homes and other long-term care centers account for 39% of the nation’s COVID-19 deaths.As authorities draw up their priority lists for the vaccine, firefighter groups asked the Minnesota governor to placed in the first group. The Illinois plan gives highest priority to health care workers but also calls for first responders to be in the first batch to get the shot. Other states are struggling with where to put prisoners in the pecking order.Arizona Gov. Doug Ducey said he wants teachers to get priority so schools can stay open. Two California lawmakers asked for that, too, saying distance learning is harming students’ education.“Our state’s children cannot afford to wait,” wrote Republican Assemblyman Jordan Cunningham and Democratic Assemblyman Patrick O’Donnell. “This is too important to overlook or sweep aside.”The Utah Department of Health placed the state’s first order for its vaccine allotment Thursday.Utah officials said frontline health care workers will take top priority, with the five hospitals treating the most COVID-19 patients getting the first doses. State health officials said that additional doses likely will be available in February and March for more hospital workers, and essential workers — including police officers, firefighters and teachers — also will be prioritized.Texas is putting hospital staff, nursing home workers and paramedics at the top of the list, followed by outpatient medical employees, pharmacists, funeral home workers and school nurses. Nursing home patients did not make the cut for the first phase.Advocates strongly expressed frustration over the way some states are putting medical workers ahead of nursing home residents.“It would be unconscionable not to give top priority to protect the population that is more susceptible or vulnerable to the virus,” said John Sauer, head of LeadingAge in Wisconsin, a group representing nonprofit long-term care facilities.He added: “I can’t think of a more raw form of ageism than that. The population that is most vulnerable to succumbing to this virus is not going to be given priority? I mean, that just says we don’t value the lives of people in long-term care.”Iowa, which expects to get 172,000 doses over the next month, will make them available first to health care workers and nursing home residents and staff, while an advisory council will recommend who comes next to “minimize health inequities based on poverty, geography” and other factors, state Human Services Director Kelly Garcia said.For example, prison inmates and residents of state institutions for the disabled aren’t in the first round but will be put ahead of others, she said.___Foley reported from Des Moines, Iowa. Associated Press writers Andrew DeMillo in Little Rock, Arkansas; Geoff Mulvihill in Davenport, Iowa; Jim Anderson in Denver; Bob Christie in Phoenix; Steve Karnowski in Minneapolis; Sophia Eppolito in Salt Lake City, Utah; and Tammy Webber in Fenton, Michigan, contributed to this story. 6578
STOCKHOLM — The 2020 Nobel Prize in Literature has been awarded to the American poet Louise Glück "for her unmistakable poetic voice that with austere beauty makes individual existence universal."Glück was formerly the Poet Laureate of the U.S. from 2003 to 2004. According to The New York Times, Glück is the first woman to win the award since 1996.The prize was awarded Thursday after several years of controversy and scandal for the world's pre-eminent literary accolade.In 2018, the award was postponed after sex abuse allegations rocked the Swedish Academy, the secretive body that chooses the winners.Two laureates were named last year, with the 2018 prize going to Poland's Olga Tokarczuk and the 2019 award to Austria's Peter Handke.Handke's prize caused a storm of protest because he has been called an apologist for Serbian war crimes.Other writers who were favored for the award were Kenya's Ngugi Wa Thiong' o, Canadian poet Anne Carson, Japanese novelist Haruki Murakami, Russian novelist Lyudmila Ulitskaya and Guadeloupe-born writer Maryse Conde.According to NPR, the 2020 Nobel Prize has a cash prize of about .2 million. The awards ceremony this December will be celebrated virtually because of the COVID-19 pandemic. 1244
Students who survived the school shooting in Florida are using their voices to try and spur change. It’s young voices, that haven’t heard before who are speaking up.Seven seniors from Marjory Stoneman Douglas High School — Jack Haimowitz, Ronnie Froetschel, Vincent Frettoloso, Matthew Horowitz, Cole Sumner, Cain DeLima and Joey Mondelli — say they hope the tragedy spurs change.“The day that changed everything,” Mondelli said, when asked how he wants people to remember the day of the shooting.“I don’t want them to look at it as a statistic,” Somner said. “I want people to see this as the last one. I want people to look back at that day because that was the end,” Haimowitz said. These are seven faces of survival, family, and ultimately, they hope, change. “If there’s anyone that can change the outcome of situations, it’s going to be Parkland and we will change it,” Frettoloso said. “It’s tough when you’re by yourself so when you’re all together, it kind of get your mind off it,” DeLima said. Tonight, they’re freshly blonde, for their friend and victim, Joaquin Oliver. “His favorite artist was Frank Ocean, when he dropped his album 'Blonde,' it was about the time Joaquin dyed his hair this color,” Haimowitz said. “He was everyone’s friend.”“That kid didn’t know a single thing about lacrosse and he was out there screaming like he’s been playing it for the last 18 years,” Haimowitz said. On Wednesday, they grew up fast. “It’s a race for maturity. No one really told us there was going to be a starting line or a starting gun, they just expected us to go,” Haimowitz said. First, they will grieve. They have 17 funerals to attend. When the time’s right, perpetuate change. “An assault rifle, that’s a weapon made with intent to murder and harm people. So once we feel ready, we’re going to make our voice heard that our platform is built upon making sure weapons like these can’t get in the hands of people again,” Haimowitz said. 2042
Starbucks is the latest food chain to add plant-based meat options to its U.S. menus.The Seattle coffee chain said Tuesday they now offer a breakfast sandwich made with imitation sausage from Impossible Foods at a majority of its U.S. locations. The sandwich comes with egg and cheese on a ciabatta bun.Starbucks said earlier this year that it would add plant-based meat to its menus worldwide as part of an effort to reduce its environmental impact. The company has sold milk alternatives, such as soy milk and oat milk, in the U.S. and elsewhere. But the sausage is its first plant-based food item in the U.S. 619