The Coronavirus pandemic had driven America into a recession. The contrasting result was, US billionaires got $1.2 trillion richer, and many others came out ahead too. On addressing the Congress on Wednesday, President Joe Biden remarked, “Twenty million Americans lost their jobs in the pandemic.” He further added how approximately 650 American millionaires net worth
Medicaid and Children’s Health Insurance Program (CHIP)suddenly reached a record height of approximately 80 million enrollment reported by Medicare Centres and Medicaid Services. It is assumed that the reason behind this sudden boost is COVID-19 pandemic. CMS officials said the enrollment boost in Medicaid was not only due to the COVID-19 pandemic but also had
Japan’s number one energy company, JERA Co., is one of many leading the world’s third-largest national economy to a carbon-neutral future by developing hydrogen-burning technology. In May, the Japanese power giant signed a note with a major global producer of ammonia to ready a pipeline of industrial ammonia to throw into the mix in JERA’s
Internal Revenue Service Commissioner Charles Rettig said Tuesday that federal officials are looking into the leaking of wealthy Americans’ tax information. The nonprofit journalism group ProPublica revealed information regarding the reported income and tax payments of some of the wealthiest Americans, including Amazon.com Inc. CEO Jeff Bezos and Berkshire Hathaway Inc. CEO Warren Buffett. Taxpayer
JBS, the world’s largest meatpacker was hit by a ransomware cyberattack on Sunday. It has caused panic among meat suppliers around the globe. The attack could lead to shortages of meat or raise prices for consumers. This is a similar cyberattack that caused Colonial Pipeline, a major fuel supplier in the US to shut down
In the past three years, 65 children in England have had emergency surgery after ingesting magnets. The NHS issued a patient safety notice earlier this month and is now calling for the prohibition of the little metal balls. It stated that “neodymium or ‘super strong’ rare-earth magnets are growing popular as toys, cosmetic objects, and
In a historic climate ruling that might have far-reaching implications for oil firms, a Dutch court ordered that Royal Dutch Shell must drastically decrease its carbon emissions. According to a decision issued by a district court in The Hague on Wednesday, the corporation must reduce its CO2 emissions by 45 percent by 2030 compared to
Boris Johnson, the Prime Minister of the United Kingdom, has made headlines after it was revealed that he wanted to be infected with the coronavirus. Boris Johnson is said to have wanted this to happen on live television to demonstrate that there is nothing to be afraid of. Despite an event from last year, Boris Johnson
Covid-19 has been around for over a year now and undoubtedly a lot of people have suffered. Most of us from different corners of the world thought nothing of it when the news “a new flu-like virus is seen in Wuhan of China” made headlines. This in no time transitioned into an epidemic and eventually
Jaden Smith plans to open the “I Love You” restaurant in Los Angeles to provide free vegan meals to homeless people. Smith, the son of actors Will Smith and Jada Pinkett Smith, launched the “I Love You” food truck in 2019 to bring free plant-based meals to Los Angeles’ Skid Row’s homeless population before expanding to New
Gordon Sondland, President Donald Trump’s former ambassador to the European Union, is suing former Secretary of State Mike Pompeo and the United States government for $1.8 million in legal bills spent during the 2019 House impeachment investigation. The lawsuit, filed in federal court in the District of Columbia on Monday, claims that Pompeo broke his
Former President Donald J. Trump loves staying relevant. He finds one way or other to make sure he is in the news. He is quite successful in doing so except it’s mostly about wrong things. A lot of us can agree Trump was fond of social media until most of the platforms decided to ban
