Groceries may see shortages of Meat by weekend amid plant closings, industry experts warn

Groceries may see shortages of Meat by weekend amid plant closings, industry experts warn

Beef, chicken and pork could be as scarce as toilet paper soon because so many meat processing plants have been temporarily shut down amid the coronavirus pandemic, industry experts are warning. “We’ve just completed our third week of reduced slaughter and production,” Dennis Smith, a commodity broker/livestock analyst with Archer Financial Services in Chicago, said. “My guess is … Read more

Few Businesses in Wisconsin Can Reopen; Governor Tony Evers Issues New Order

Few Businesses in Wisconsin Can Reopen; Governor Tony Evers Issues New Order

MADISON, WI — Citing a need to reopen some Wisconsin businesses in a limited fashion, Gov. Tony Evers issued a new emergency order Monday, calling for new freedoms for nonessential businesses to operate amid the coronavirus public health emergency. As of Monday, Wisconsin has seen a total of 281 coronavirus-related deaths and 6,081 positive cases. … Read more

Orange County Fair cancelled amid Coronavirus fears, and this happened 1st time since World War II

Orange County Fair cancelled amid Coronavirus fears, and this happened 1st time since World War II

For the first time since World War II, the annual Orange County Fair has been canceled this year due to the coronavirus pandemic, officials announced Monday. “The Board considered ongoing guidance and updated information from State and County health care and government officials about the status of the coronavirus pandemic and the improbability that mass … Read more

Supreme Court rules government to pay health insurers $12B under Affordable Care Act

Supreme Court rules government to pay health insurers $12B under Affordable Care Act

WASHINGTON — The Supreme Court ruled Monday that insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the health care law championed by President Barack Obama. Insurers are entitled to the money under a provision of the “Obamacare” health law that promised the companies a financial cushion for … Read more

Amazon tests using video calls to verify third-party sellers

Amazon tests using video calls to verify third-party sellers

Amazon is testing using video calls to verify third-party sellers as it attempts to minimize the amount of fraudulent accounts and listings on its platform, the company has announced. The live verification initiative initially used in-person meetings when it began earlier this year, but pivoted to video conferencing as the COVID-19 pandemic made social distancing … Read more

Nvidia completes $7 Billion deal with Israeli chipmaker Mellanox

Nvidia completes $7 Billion purchase of Israeli chipmaker Mellanox

Nvidia has completed the acquisition of Israeli chipmaker Mellanox in a deal valued at $7 billion, the American technology giant said on Monday. Initially announced in March 2019, the completion of the acquisition follows long-awaited receipt of approval from China’s antitrust regulatory body earlier this month. Yokne’am-based Mellanox, founded in 1999 and listed on the Nasdaq Stock … Read more

Central Bank of Nigeria Fines First Bank, 27 Others N1.4trn To Mop Up Excess Cash, Naira under pressure

Central Bank of Nigeria Fines First Bank, 27 Others N1.4trn To Mop Up Excess Cash, Naira under pressure

The Central Bank of Nigeria (CBN) has fined about 28 financial institutions a total sum of N1.4 trillion or $3.9 billion to reduce excess cash in the banking sector, curtail rising inflation and support the Nigerian naira. The central bank had raised Cash Reserve Ratio (CRR) by 500 basis points to 27.5 percent in January … Read more

Expedia Group’s Barry Diller labels Removing Middle Seats on Airplanes as ‘Absurd’ while talking on Face the Nation

Expedia Group’s Barry Diller labels Removing Middle Seats on Airplanes as ‘Absurd’ while talking on Face the Nation

Although some airlines are blocking off middle seats as a social distancing remedy during the coronavirus pandemic, Expedia Group’s Barry Diller labeled removing middle seats as part of a future aviation strategy as “absurd.” Diller said perhaps planes will get cleaner but the idea that social distancing can be effective in airplanes, restaurants, theaters, and … Read more