- The Guardian 02:35August 9, 2020Coronavirus live news: US nears 5m cases as Australian border closures ramp upUS approaches horrific milestone; border restrictions tightened in Australian state of New South Wales; Brazil passes 100,000 deathsEx-health minister attacks Bolsonaro as Brazil Covid-19 deaths tops 100,000Trump signs order for relief, with less help for jobless ‘Queensland first’: Palaszczuk closes the borders and amps up election rhetoric Boris Johnson ‘would close pubs before schools’ in local Covid-19 lockdown 12.34am BST Hello, and welcome to our continuing coverage of the coronavirus pandemic. This is Helen Davidson in Sydney here, to take you through the next few hours. Thanks to my colleagues in London - you can catch up on all their coverage on the previous blog here.First up, a summary of where we’re at: Continue reading...
< Coronavirus outbreak, World news, US news, Australia news, Infectious diseases >
- Forbes 02:08August 9, 2020U.S. Coronavirus Cases Top 5 Million As Americans Wait For Federal RescueGrim milestone comes only days after count topped 4 million.
< Business, /business, Business, /business, Coronavirus Dispatches, cv-dispatches, Breaking, breaking-news, business >
- The Guardian(UK) 00:43August 9, 2020Trump signs order for coronavirus relief, with lower level of extra aid for joblessTrump gives speech at his golf club in New Jersey, and signs order which includes extended unemployment payments with $200 dropDonald Trump said on Saturday that he would extend enhanced coronavirus unemployment benefits and employment taxes into next year with executive orders, but cut the level of some of the support.Speaking at his golf resort in Bedminster, New Jersey, Trump said he was taking action after Congress had failed to agree a deal, blaming “far left” Democrat demands in a campaign-style speech. Continue reading...
< Donald Trump, Coronavirus outbreak, US news, US politics, US economy >
- Business Insider 00:33August 9, 2020Trump signs a series of executive actions aiming to give Americans economic relief, including a $400 weekly boost to federal unemploymentSusan Walsh/AP President Donald Trump on Saturday signed multiple executive actions concerning federal unemployment, student loan relief, a payroll tax cut, and evictions.
But it's unclear whether he has the authority to take any of these actions, since Congress holds spending power. A court battle is likely.
The president's announcement comes after Congressional negotiations over upcoming coronavirus relief legislation have stalled with public clashes over the since-expired $600 boost to federal unemployment benefits.
Trump announced a $400 weekly boost to federal unemployment benefits, 25% of which he said would be up to the states to pay.
He also signed an executive order to create a payroll tax holiday for Americans earning less than $100,000 a year, from August 1 through the end of the year.
Trump also said he would extend the 0% interest rate on federal student loans at least through the end of the year, and directed his administration to try and prevent Americans from getting evicted.
Visit Business Insider's homepage for more stories. President Donald Trump on Saturday lashed out at Democrats over failed coronavirus relief negotiations and announced a series of executive actions concerning federal unemployment, evictions and foreclosures, student loans, and a payroll tax holiday.
"My administration will provide immediate and vital relief to Americans struggling in this difficult time," Trump said Saturday at a press conference at his private golf club in Bedminster, New Jersey. "And the beautiful thing about this difficult time is that we're now coming back and setting records."See the rest of the story at Business InsiderNOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first timeSee Also:The Trump campaign ran a contest offering donors a dinner with Trump that Americans in 34 states can't legally attend because of coronavirus restrictionsTrump reportedly referred to journalists as 'all my killers' on a hot mic while speaking privately to members of his golf club'Numbers don't lie': Fauci says you can't deny the US has the world's worst COVID-19 outbreak
< coronavirus, Donald Trump, executive actions, Executive Order, Breaking, >
- Breitbart News 00:30August 9, 2020Donald Trump: Democrats Want to Use Coronavirus Aid Bill to Steal the Election"You [know] what it's about? Fraud," Trump said. "They want to try and steal this election, because, frankly, it's the only way they can win the election."
< Economy, Politics, coronavirus, Democrats, Donald Trump, payroll tax, vote by mail, voter fraud >
- Forbes 00:07August 9, 2020President Trump Enacted Covid-19 Relief Including $400 Weekly Unemployment Benefit, A Payroll Tax Holiday And Student Loan ReliefIn a press conference today, President Trump announced four actions he is taking to provide the American people Covid-19 Relief.
< Personal Finance, /personal-finance, Money, /money, Personal Finance, /personal-finance, Editors' Pick, editors-pick, Breaking, breaking-news, Coronavirus, coronavirus, money, investing >
- The Guardian(UK) 00:00August 9, 2020Poorer students will suffer in 'unfair' A-level grading model, UK parents warnSocial mobility groups say Ofqual has a ‘moral imperative’ to address any exam result injustices that may occurSchools in England and Wales are braced for a fierce backlash from students and their parents this week, amid fears that A-level results to be published on Thursday will unfairly penalise disadvantaged students. Related: How are exam grades being decided in England this year? Continue reading...
< A-levels, Education, Exams, Schools, Sixth form, Ofqual, Coronavirus outbreak, Society, Social mobility >
- Forbes 23:59August 8, 2020$600 Weekly Unemployment Check Cut To $400 Under Trump Executive Orders—And MoreCongressional negotiations for another coronavirus relief bill broke down this week.
< Business, /business, Business, /business, Policy, /policy, Money, /money, Personal Finance, /personal-finance, Breaking, breaking-news, Coronavirus, coronavirus >
- Forbes 23:33August 8, 2020Coronavirus Spikes In Ireland, France, Spain And Italy Put Europe On High AlertCountries that were thought to have beaten back the worst of the pandemic are seeing slight upticks in new cases.
< Business, /business, Business, /business, Breaking, breaking-news, Coronavirus, coronavirus, consumer, consumer >
- Breitbart News 23:09August 8, 2020Gretchen Whitmer Interviews for Vice President, Then Mandates Self-Lockdowns for People Exposed to Sore ThroatsMichigan Gov. Gretchen Whitmer met this week with Joe Biden in Delaware as his search for a running mate comes down to the wire.
< 2020 Election, Health, Politics, 2020 Presidential Race, coronavirus, Gretchen Whitmer, Joe Biden, Michigan, Vice President >
- The Guardian(UK) 23:00August 8, 2020Coronavirus: Johnson urged to help out travellers stuck in quarantineSenior MPs, scientists and trade unions call for sick pay if holidaymakers forced to self-isolateCoronavirus – latest updatesSee all our coronavirus coverageBoris Johnson was under mounting pressure on Saturday to overhaul holiday quarantine rules and compensate those caught out while abroad, amid growing concerns over rising cases of Covid-19 in France.A cross-party group of senior MPs, scientists and trade unions said that holidaymakers already staying in a country that has been added to the quarantine list should be given statutory sick pay during their two-week isolation, in an effort to improve compliance and help those unable to work. Continue reading...
< Coronavirus outbreak, Travel, Conservatives, UK news, Boris Johnson, France, Spain, Belgium, Frances O'Grady >
- The Guardian 23:00August 8, 2020Australia’s sheep left without shearers as Covid halts travel from New ZealandNation is facing shortage of shearers for its 68 million sheep as hundreds are barred from taking their usual trip across the Tasman SeaIt’s a tradition that stretches back decades. Every year, hundreds of New Zealanders fly in to Australia for the spring shearing season – a huge mobilisation of workers essential to the success of the nation’s wool industry.In dusty sheds on outback farms they join up with local shearers and, between them, relieve five million sheep of their fleeces over eight weeks. Continue reading...
< New Zealand, Australia news, Coronavirus outbreak, Farming, Asia Pacific, Infectious diseases, Animals >
- Breitbart News 22:23August 8, 2020California Using $100 Million of $550 Million Federal Coronavirus Funds to Put Homeless in HotelsSan Francisco is using $100 million of the $550 million CA got from the federal Coronavirus Relief Fund to put homeless people in hotels.
< Health, Politics, Social Justice, California, coronavirus, Coronavirus Relief Fund, eminent domain, homeless, hotels, San Francisco >
- The Guardian(UK) 22:17August 8, 2020Trump reportedly expected to sign executive order for Covid relief today – liveTrump to hold press conference this afternoon‘We’re making it up’: How Trump’s America failed the Covid testTrumpism has taken over, but what happens if Trump loses?US sees wave of progressive victories by people of colorSign up to our First Thing newsletter 8.13pm BST The father and son jailed on murder charges in the slaying of Ahmaud Arbery are asking a Georgia judge to grant them bond and to throw out two charges in their indictment.Arbery, 25, was killed by Travis McMichael on 23 February after he and his father, Gregory McMichael, chased Arbery in their truck and shot him while he was jogging in his neighborhood in the town of Brunswick. They said they believed Arbery was a robbery suspect.Gregory McMichael and his adult son, Travis McMichael, were jailed and arrested in May, more than two months after Arbery was slain. The 25-year-old Black man was chased and fatally shot after the McMichaels, who are white, spotted him running in their neighborhood just outside the port city of Brunswick.Attorneys for both men filed legal motions Thursday asking Superior Court Judge Timothy Walmsley to set a bond that would allow the McMichaels to be freed pending trial. The judge denied bond last month for William “Roddie” Bryan Jr., a third man charged in Arbery’s killing. Related: The killing of Ahmaud Arbery – podcast 7.50pm BST Speaking of the veepstakes, the Biden campaign has shot down a Fox News “scoop” that a running mate has already been chosen. TJ Ducklo, the national press secretary for Biden 2020, has confirmed that a brief exchange between Biden and a reporter while the presumptive Democratic candidate was enjoying a bike ride with a small entourage on Saturday morning was “clearly a joke.”A quick transcript of the back-and-forth between Biden as he rolled past Fox News correspondent Peter Doocy, the son of Fox & Friends stalwart Steve Doocy:Peter Doocy: “Have you picked a running mate yet?”Biden: “Yeah, I have.”NEW: @JoeBiden tells @pdoocy he has selected a running mate Continue reading...
< US politics, Coronavirus outbreak, US news, World news, Donald Trump, US elections 2020, Black Lives Matter movement, Joe Biden >
- The Guardian(UK) 22:15August 8, 2020French tourist chiefs tense as country may be next on UK Covid quarantine listThe number of foreign visitors plummet due to surge in coronavirus cases since the end of lockdownCoronavirus – latest updatesSee all our coronavirus coverageIn a normal August, the much-loved miniature tourist train in the French port city of Sète would be full of tourists from Britain and elsewhere, enjoying the ride.Optimistically, the manager, Romiy Priore, took steps to make his attraction safe for Covid times. “With the virus, we decided to order disposable earphones for the start of the season on 23 June – 100 of them,” he says, huddling behind a Perspex screen in a cool cabin on the quayside. “It’s August, and I still have 70 left. That tells you how many foreign tourists we currently have.” Continue reading...
< France, Europe, Paris, Marseille holidays, Coronavirus outbreak, Rishi Sunak, Europe holidays, Infectious diseases, France holidays >
- FoxNews 22:06August 8, 2020Trump to sign coronavirus relief executive orders Saturday to help unemployed Americans, rentersPresident Trump will sign executives orders Saturday aimed at delivering relief to Americans struggling with the economic fallout of the coronavirus pandemic, Fox News has learned.
< article, Fox News, Marisa Schultz, fnc, fnc/politics, fox-news/person/donald-trump, fox-news/health/infectious-disease/coronavirus, fox-news/us/congress, fox-news/politics/executive/white-house, fox-news/politics/elections/democrats >
- The New Yorker 21:43August 8, 2020The Paradoxical Role of Social Capital in the Coronavirus PandemicAdam Gopnik writes about how the relation between good will and good health has affected the spread and the containment of the novel coronavirus SARS-CoV-2.
< News / Daily Comment, News / Coronavirus >
- Breitbart News 20:58August 8, 2020Poll: Majority of Americans Are Not Wearing Masks OutdoorsA majority of Americans are not wearing masks in outdoor settings, a Gallup poll released this week found.
< Health, Politics, Anthony Fauci, coronavirus, Gallup, masks, polls >
- Forbes 20:37August 8, 2020Second Stimulus Package Collapsed: What Went Wrong And Where Do We Go From Here?With negotiations over a second stimulus package at a standstill, President Trump plans to issue executive orders covering enhanced unemployment benefits, a payroll tax suspension, student loan repayment relief, and a moratorium on evictions.
< Personal Finance, /personal-finance, Money, /money, Personal Finance, /personal-finance, Editors' Pick, editors-pick, Coronavirus, coronavirus, money, investing >
- Business Insider 20:16August 8, 2020The Mid-American Conference just became the first league competing at football's highest level to cancel its fall seasonTony Dejak/AP On Saturday, the Mid-American Conference (MAC) canceled its fall season due to the coronavirus pandemic.
MAC is the first in the Football Bowl Subdivision, a group of 12 schools competing in college football's highest level, to bow out of the fall season.
The MAC schools, which pull in revenue from many road games that were canceled, have been weighed down by the hefty costs associated with coronavirus safety protocols.
The majority of conferences in the Championship Subdivision have also said they will postpone fall seasons.
Visit Business Insider's homepage for more stories. The Mid-American Conference on Saturday became the first league competing at college football's highest level to cancel its fall season because of COVID-19 concerns.
A person with knowledge of the decision told The Associated Press the university president's voted to not play in the fall and consider a spring season. The person spoke to AP on condition of anonymity because an official announcement was still being prepared.See the rest of the story at Business InsiderNOW WATCH: The rise and fall of Donald Trump's $365 million airlineSee Also:10 tricks that make you instantly more likable, according to an emotional intelligence authorChase Sapphire Reserve card review: One of the best premium travel cards, with unbeatable bonus rewardsThe best media streaming sticks and devices
< Sports, Football, College Football, coronavirus, COVID-19, >
- FoxNews 20:00August 8, 2020Gov. Reeves: All adults, kids in schools must wear masks, unless there’s a medical reason not toMississippi Gov. Tate Reeves weighs in on coronavirus cases surging in Mississippi on ‘America’s News HQ.’
< video, 6179502882001, FoxNews.com, Leland Vittert, fnc, personality/leland_vittert, on_air, primary_health, health/infectious_disease/coronavirus, on_air/americas_news_hq, health/infectious_disease, personality, health >
- FoxNews 19:58August 8, 2020Public schools release reopening plans amid pandemicBrevard, Florida public schools superintendent Mark Mullins and Chief of Engagement, Innovation and Operations at Montgomery County Public Schools in Maryland Derek Turner join ‘America’s News HQ.’
< video, 6179503126001, FoxNews.com, Alicia Acuna, fnc, on_air, us/education, primary_us, health/infectious_disease/coronavirus, personality/alicia_acuna, us, on_air/americas_news_hq, health/infectious_disease, personality, health >
- Business Insider 19:46August 8, 2020I flew on the infamous Spirit Airlines for the first time and saw how well no-frills can actually co-exist with safety – here's what it was likeThomas Pallini/Business Insider I took my first flight on Spirit Airlines on Monday, traveling from Chicago to New York on one of the carrier's most competitive routes to see how the infamous carrier maintains a no-frills business model during a pandemic.
Spirit isn't blocking middle seats but is requiring face coverings to fly and enhancing cleaning practices to ensure peace of mind when it comes to health and safety.
The flight was uneventful but the airline surprised me with a friendly and attentive cabin crew, as well as by keeping its in-flight service while others are abandoning it.
Visit Business Insider's homepage for more stories. In all my years of flying, I've managed to avoid flying on Spirit Airlines, until now.
Spirit is arguably America's most loved to hate airline and after just one flight, it's clear why passengers might not enjoy the experience. Cramped seats, no in-flight entertainment, and a tired-looking plane all contributed to a lackluster flight.
But with the airline offering bargain-basement deals like $27 round-trip between New York and most major cities in Florida and $50 round-trip between New York and Los Angeles, it's also no secret why passengers keep coming back.
Despite it's less sterling reputation, however, Spirit isn't taking pandemic flying lightly with a safety policy comparable to its full-fare competitors. Middle seats aren't being blocked on its aircraft but Spirit has stepped up with important safety measures like requiring face coverings and installing safety features at airports.
I flew on Spirit to see just how well its low-cost business model of base fares can co-exist with the hyper-safe environment that the pandemic has inflicted. My journey took me from Chicago to New York on the carrier's Airbus A320 aircraft.
Here's what I found on my first-ever flight on Spirit Airlines, during a pandemic. I was aware of the airline's reputation – of course – but having flown ultra-low-cost airlines in the past with success, I was ready to give this new to me airline a shot with an open mind.
Thomas Pallini/Business Insider
I decided to take it easy for my first flight on Spirit, with a quick, one-flight journey from Chicago to New York.
Thomas Pallini/Business Insider
Spirit uses Terminal 3 at Chicago's O'Hare International Airport and despite multiple afternoon departures, the check-in area was desolate.
Thomas Pallini/Business Insider
See the rest of the story at Business InsiderSee Also:The world's largest floatplane that looks like remarkably like Howard Hughes' Spruce Goose just completed its first sea trial in China – take a lookA renowned design firm unveiled a new concept to overhaul airplane cabins for a post-pandemic world that includes removing cabin classes and staggering economy seats – take a lookI took 9 flights on all the largest US airlines in the past 3 months. Here's what it's like to fly in America right now.SEE ALSO: I flew on Southwest Airlines during the pandemic and came away impressed by how well the largest low-cost US airline handled social distancing
DON'T MISS: Another US passenger airline will now also fly cargo freighters as more carriers court package hauling as a new source of revenue
< Features, Planes, BITranspo, CT Visual Features, review, Spirit Airlines, Airbus, Airbus A320, Flying, air travel, Aviation, COVID-19, coronavirus, Novel Coronavirus, LaGuardia Airport, >
- Business Insider 19:04August 8, 2020Trump reportedly referred to journalists as 'all my killers' on a hot mic while speaking privately to members of his golf clubJIM WATSON / AFP President Donald Trump on Friday held a news conference at his New Jersey golf club, inviting members of the club to watch his interaction with members of the media.
Prior to the briefing, the president was caught on a hot mic inviting club members to "see what I have to go through," calling the White House reporters "all my killers," according to CNN's Jim Acosta.
The president has taken issue with the media's coverage of the coronavirus pandemic, calling it a "hoax" and at times suggesting it hasn't been favorable enough toward his administration.
"You'll get to meet the fake news tonight," the president reportedly said Friday.
Visit Business Insider's homepage for more stories. President Donald Trump on Friday was caught on a hot mic prior to his press conference, inviting members at his Florida country club to watch his upcoming news briefing, calling journalists his "killers," a CNN reporter said.
"You'll get to meet the fake news tonight," the president said, according to a tweet from CNN Chief White House Correspondent Jim Acosta, who was present at the New Jersey briefing. "You'll get to see what I have to go through."See the rest of the story at Business InsiderNOW WATCH: Why American sunscreens may not be protecting you as much as European sunscreensSee Also:'Numbers don't lie': Fauci says you can't deny the US has the world's worst COVID-19 outbreakThe Trump campaign ran a contest offering donors a dinner with Trump that Americans in 34 states can't legally attend because of coronavirus restrictionsJournalists are getting locked out of Twitter after fact-checking videos of Trump that push false information on COVID-19
< coronavirus, Donald Trump, >
- FoxNews 18:29August 8, 2020Gov. Ricketts on educators protesting push to reopen schools amid COVID pandemicNebraska Gov. Pete Ricketts joins Neil Cavuto with insight on 'CAVUTO Live.'
< video, 6179494220001, FoxNews.com, Neil Cavuto, fnc, personality/neil_cavuto, politics, on_air, primary_politics, us/education/reopening, politics/state_local, health/infectious_disease/coronavirus, special/apple_news, on_air/cavuto_live, special, politics/state_local/governors, personality >
- Guardian 18:08August 8, 2020‘Zoom is fine, but it can’t match being back in the office’Property group British Land was one of the first to allow staff back into its London HQ – with lift-button prodders at the readyTemperature checks at reception, spaced-out desks, contactless coffee dispensers and plastic lift-button prodders. Welcome back to work – in an anti-Covid-19 office. These features, which would have been deemed eccentric and invasive in January, are some of the measures being deployed for returning employees by one of the UK’s biggest companies, property firm British Land.And many more businesses will have to take heed if the UK is to reverse its position as one of the slowest European countries to get its feet back under the desk. Only a third (34%) of UK white-collar employees have gone back to work, while in continental Europe almost three-quarters of staff (68%) have done so, according to analysis from US bank Morgan Stanley. Continue reading...
< Working from home, British Land, Coronavirus outbreak, Commercial property, Zoom, Technology, Business >
- FoxNews 17:52August 8, 2020France, Germany criticize US for trying to lead WHO discussions despite withdrawalAt least three officials spoke of frustrations, which were later confirmed by each country's health ministry.
< article, Fox News, Peter Aitken, fnc, fnc/world, fox-news/health/infectious-disease/coronavirus, fox-news/world/world-health-organization, fox-news/world/world-regions/france, fox-news/world/world-regions/germany, fox-news/person/donald-trump >
- FoxNews 17:48August 8, 2020Conflicting COVID test results raise accuracy questions as states re-impose restrictionsOhio Gov. Mike DeWine tested negative for coronavirus just hours after he tested positive for it; reaction from Dr. Roshini Raj, NYU Langone associate professor of medicine.
< video, 6179488365001, FoxNews.com, Neil Cavuto, fnc, personality/neil_cavuto, on_air, primary_health, health/infectious_disease/coronavirus, on_air/cavuto_live, health/infectious_disease, personality, health >
- FoxNews 17:00August 8, 2020Kerstin Lindquist: 'Back to school' during coronavirus pandemic — 7 ways to help your kids adjustDon’t base your structure on school’s physical presence but instead accept that constant change is the new norm.
< article, Fox News, Kerstin Lindquist, fnc, fnc/opinion, fox-news/opinion, fox-news/topic/back-to-school, fox-news/us/school-reopening-plans, fox-news/us/education, fox-news/health/infectious-disease/coronavirus, fox-news/lifestyle/parenting >
- The Guardian 16:39August 8, 2020Brazil's ex-health minister attacks Bolsonaro as Covid-19 deaths top 100,000Luiz Henrique Mandetta says the Brazilian president’s ‘misguided’ handling of the crisis has failed to comfort familiesJair Bolsonaro’s former health minister has accused the Brazilian president of failing to offer “a single word of comfort” to the families of the 100,000 Brazilians who have lost their lives to Covid-19.In an interview marking Brazil’s latest Covid-19 milepost, Luiz Henrique Mandetta – who was sacked in April after challenging the president’s internationally condemned coronavirus response – expressed consternation that Brazil’s leaders had failed to recognise so much pain. Continue reading...
< Brazil, Coronavirus outbreak, Americas, World news, US news, Infectious diseases >
- Business Insider 16:19August 8, 2020Warren Buffett's Berkshire Hathaway grew profits by 86% last quarter as its stock portfolio soared in valueMario Anzuoni/Reuters Warren Buffett's Berkshire Hathaway suffered an 11% drop in revenue in the second quarter, but almost $30 billion in year-on-year investment gains meant its net income surged 86% to $26.3 billion.
The famed investor's conglomerate sold nearly $13 billion in stock last quarter, including the "big four" airline stocks in April.
Berkshire also repurchased $5 billion of its stock as expected.
However, its cash pile still ballooned by about $10 billion to $147 billion.
Visit Business Insider's homepage for more stories. Warren Buffett's Berkshire Hathaway reported a surge in profits in the second quarter as the soaring value of its stock portfolio offset weakness across much of its business due to the coronavirus pandemic.
The famed investor's conglomerate also sold more than just the "big four" airline stocks last quarter, and added about $10 billion to its enormous cash pile.See the rest of the story at Business InsiderNOW WATCH: How waste is dealt with on the world's largest cruise shipSee Also:'The most extreme valuations in history': A notorious market bear says investors should brace for record-low negative returns over the next 12 years — and warns that today's exuberance implies a 66% plungeTom Marsico's global fund has crushed its benchmark for 13 years — and returned 28 times its peers in 2020. Here's what he's been buying, and the beaten-down stocks he plans to grab after the pandemic.Harding Loevner's global stock fund has trounced the market for over 30 years. Here's an inside look at the simple 4-part stock-picking criteria that helped the firm balloon to $72 billion.
< Finance, Markets, Investing, Warren Buffett, Berkshire Hathaway, Earnings, Stocks, Buybacks, coronavirus, Pandemic, UK Weekend, >
- Business Insider 15:48August 8, 2020Warren Buffett's Berkshire Hathaway grew profits by 86% last quarter as its stock portfolio soared in valueMario Anzuoni/Reuters Warren Buffett's Berkshire Hathaway suffered an 11% drop in revenue in the second quarter, but almost $30 billion in year-on-year investment gains meant its net income surged 86% to $26.4 billion.
The famed investor's conglomerate appears to have sold $7.4 billion in stock last quarter, on top of the $6.1 billion it received after selling the "big four" airline stocks in April.
Berkshire also repurchased $5 billion of its stock last quarter as expected.
However, its cash pile still ballooned by about $10 billion to $147 billion.
Visit Business Insider's homepage for more stories. Warren Buffett's Berkshire Hathaway reported a surge in profits in the second quarter as the soaring value of its stock portfolio offset weakness across much of its business due to the coronavirus pandemic.
The famed investor's conglomerate also sold more than just the "big four" airline stocks last quarter, and added about $10 billion to its enormous cash pile.See the rest of the story at Business InsiderNOW WATCH: How waste is dealt with on the world's largest cruise shipSee Also:Harding Loevner's global stock fund has trounced the market for over 30 years. Here's an inside look at the simple 4-part stock-picking criteria that helped the firm balloon to $72 billion.Tom Marsico's global fund has crushed its benchmark for 13 years — and returned 28 times its peers in 2020. Here's what he's been buying, and the beaten-down stocks he plans to grab after the pandemic.'The most extreme valuations in history': A notorious market bear says investors should brace for record-low negative returns over the next 12 years — and warns that today's exuberance implies a 66% plunge
< Finance, Markets, Investing, Warren Buffett, Berkshire Hathaway, Earnings, Stocks, Buybacks, coronavirus, Pandemic, >
- Business Insider 15:08August 8, 20203 color-coded charts illustrate the relative coronavirus risks built into activities you might do each dayAlexi Rosenfeld/Getty Images Evaluating the riskiness of different activities during the coronavirus pandemic can be tricky.
There is no public activity that is risk-free during the pandemic.
But some activities, like going for a walk with a friend, are less risky than others, like attending an indoor party.
Four factors raise your risk of catching COVID-19: enclosed spaces, crowds, close contact with others, and difficulty social distancing.
Visit Business Insider's homepage for more stories. Even as the coronavirus runs rampant in the US, Americans' collective patience with the pandemic is growing thin.
People want to go out to restaurants, bars, and hair salons, and look to beaches, parks, and hikes to fill their summer days. See the rest of the story at Business InsiderNOW WATCH: What we know about immunity for the coronavirusSee Also:Within 11 days of schools opening, dozens of students and teachers have gotten COVID-19: 'I truly wish we'd kept our children home'Common colds may have left some people's immune systems with a leg up in fighting the new coronavirusExperts no longer expect seasonal coronavirus waves: The pandemic is like 'a forest fire looking for human wood to burn'SEE ALSO: 4 main factors determine your risk of getting the coronavirus in any situation. Here's how daily activities stack up.
< Health, BI Graphics, coronavirus, COVID-19, Public Health, >
- FoxNews 14:52August 8, 2020At least 8 soldiers dead in blast outside Somali army baseA car bomb exploded at the gates of a military base in Somalia’s capital Saturday, killing at least eight soldiers and wounding 14 others, with the toll expected to rise, police said.
< article, Associated Press, Abdi Guled, fnc, fnc/world, fox-news/world, fox-news/us/military, fox-news/us/crime/police-and-law-enforcement, fox-news/world/world-regions/africa, fox-news/world/terrorism/al-qaeda, fox-news/world/terrorism, fox-news/media, fox-news/health/infectious-disease/coronavirus, fox-news/sports, fox-news/person/donald-trump, fox-news/travel, fox-news/politics, fox-news/politics/elections >
- Business Insider 14:50August 8, 2020There's no limit on how many times you can refinance your home, but that doesn't always mean you shouldMoMo Productions/Getty Images
There's no limit on the number of times you can refinance your mortgage.
Some lenders require a "seasoning" period, or an amount of time after closing on your current home loan before you refinance, which is typically six months long.
If you have a government-backed mortgage, then you must wait at least six months after closing before refinancing.
When considering refinancing, think about closing costs and whether you can meet lenders' stricter requirements during the coronavirus pandemic.
Policygenius can help you compare homeowner's insurance policies to find the right coverage for you, at the right price » Mortgage rates are at historic lows right now, which could have you thinking about refinancing. But if you've already refinanced your mortgage, are you allowed to do so again?
Or, if this is your first time refinancing, you might be worried you're jumping the gun. Should you risk refinancing now only to be forbidden from refinancing again later? See the rest of the story at Business InsiderSee Also:4 tips for refinancing your mortgage during the pandemic, from homeowners who just did itShopping for bundled homeowners insurance isn't easy, but 90 minutes showed me how to save $1,600The average monthly mortgage payment by state, city, and year
< Mortgage, Home Loan, Mortgage Refinancing, coronavirus, Mortgage Lending, FHA mortgage, USDA mortgage, VA loan, Personal Finance Insider, pfi, PFI-XAMP, PFI Related Content Module, PFI Bankrate, Policygenius, >
- FoxNews 14:03August 8, 2020How many COVID test results could be false positives?Fox News medical contributor Dr. Marc Siegel weighs in.
< video, 6179459960001, FoxNews.com, Emily Compagno, Marc Siegel, fnc, requests, on_air, personality/marc_siegel, requests/talent, primary_health, on_air/fox_friends, health/infectious_disease/coronavirus, health/infectious_disease, personality/emily_compagno, personality, health >
- FoxNews 14:00August 8, 2020Cuomo says New York schools can reopen as teachers unions fight against reopening effortsReaction from Center for Education Reform's Jeanne Allen, Partnership Schools Superintendent Kathleen Porter-Magee, and former teacher Tim Huelskamp.
< video, 6179459358001, FoxNews.com, Griff Jenkins, fnc, on_air, personality/griff_jenkins, on_air/fox_friends, us/education/reopening, us/education, primary_us, health/infectious_disease/coronavirus, us, health/infectious_disease, personality, health >
- Huffington Post UK 13:51August 8, 2020Thousands Of NHS Workers Prepare To March For Pay Rise
< coronavirus, NHS, pay, nhs, NEWS, news >
- The Guardian 13:00August 8, 2020'Everyone tested positive': Covid devastates agriculture workers in California's heartlandThe virus is surging in the Central Valley, where hundreds of thousands labor in the food industry. Workers say companies did little to prevent the spreadAcross California’s Central Valley, hundreds of thousands of workers wash the vegetables, debone the meat, sort the nuts and package the produce that finds its way into kitchens throughout the United States.When the coronavirus hit, their work was ruled essential, so they kept working in the often cramped facilities that fuel a state industry that exports $21bn in agricultural products each year. Continue reading...
< California, Coronavirus outbreak, US news >
- New York Times 12:00August 8, 2020When Covid-19 Hit, Many Elderly Were Left to DieWarnings had piled up for years that nursing homes were vulnerable. The pandemic sent them to the back of the line for equipment and care.
< Nursing Homes, Coronavirus (2019-nCoV), Elderly, Hospitals, Protective Clothing and Gear, Nursing and Nurses, Brussels (Belgium), Belgium >
- Huffington Post UK 11:50August 8, 2020Here's Where You Need To Wear A Mask In England As Rules Change
< coronavirus, public health england, face masks, cinema, face covering, Place of worship, galleries, Museum, public-health-england, face-masks, face-covering, place-of-worship, museum, NEWS, news >
- The Guardian 11:48August 8, 2020Coronavirus live news: England extends use of face coverings as Brazil death toll nears 100,000City of Preston urges young people ‘don’t kill granny’ as cases rise in the Philippines, Australia and ItalyTrump poised to intervene in relief plans after talks break down‘We’re still so tired’: European doctors brace for second wave‘Very dead’: army and police patrol the deserted streets of coronavirus-stricken Melbourne 9.46am BST The UK schools minister has said schoolchildren over 11 will be expected to wear face masks on school buses, after the government pledged £40m to set up dedicated school transport to help maintain social distancing. Nick Gibb told BBC Breakfast:On that home to school transport there will be hygiene rules, children will be expected if possible to sit with their own year group, and they’re on those buses with the same children most days, it’s not like public transport where you’re meeting strangers.The advice we’ve had about wearing masks in school is if they’re not competently handled you can actually increase the risk of spreading the virus by having the mask worn all day in the school environment. 9.29am BST Further coronavirus measures come into force in England today. Face coverings are now mandatory in indoor places of worship, museums and galleries, public areas in hotels and hostels, bingo halls, libraries, cinemas, concert halls, crematoria, aquariums and indoor zoos. Continue reading...
< Coronavirus outbreak, World news, Infectious diseases, Science, Medical research >
- The Guardian 11:00August 8, 2020'Uncertainty made me struggle': Covid puts financial stress on young peopleMore 18- 24-year-olds are anxious about careers as coronavirus hits jobs and mental healthRaymond Christie is having sleepless nights. The 18-year-old is worrying about how difficult it will be to find work opportunities as he anticipates an upcoming recession. Christie left school at 16 with no qualifications and went into training on a construction scheme that went into administration during the pandemic. Since then, he has had to rely on his family for financial support.“My mental health has never been as bad as it has been over the last few months since my mid-teens,” he says. “Losing my place in something that I really enjoyed doing and the overwhelming feeling of uncertainty has made me struggle with deep moods of depression and boredom. Most days, I don’t want to do anything or get up from my bed and I find it hard to motivate myself with nothing to do.” Continue reading...
< Money, Student finance, Consumer affairs, Family finances, Coronavirus outbreak, Mental health, Work & careers, UK news >
- Guardian 11:00August 8, 202020 photographs of the weekThe Beirut explosion, Black Lives Matter protests in Portland and the impact of Covid-19: the most striking images from around the world Continue reading...
< News photography, Photography, Art and design, Culture, Coronavirus outbreak >
- Business Insider 10:34August 8, 2020More than a million people in the UK have quit smoking since the start of the coronavirus pandemic, new study showsEly Pineiro/Getty Images More than one million people in the UK have given up smoking since the start of the coronavirus pandemic, according to a new study by the nonprofit Action on Smoking and Health.
Of those who said they quit in the last few months, almost half (41%) said it was a direct response to heightened health concerns during the coronavirus pandemic.
The study also found that older people are quitting at slower rates than younger people, despite being categorized in the more vulnerable group.
"I don't want to be one of those people in a ward with an oxygen mask over my face struggling to tell my loved ones what I'm feeling," one recent quitter told Business Insider.
Visit Business Insider's homepage for more stories. Before the coronavirus pandemic hit, Saurav Dutt smoked up to six cigarettes a day.
The 38-year-old author from London first took up the habit as a way to unwind from college exams. But as the years went by he found that it helped him focus, and it became essential to his writing process.See the rest of the story at Business InsiderNOW WATCH: Inside London during COVID-19 lockdownSee Also:Amazon picked a fight with Bernie Sanders after he slammed Jeff Bezos for getting richer while not providing warehouse workers with sick leave and protective equipmentNearly 100 people in Ohio got sick after one man infected with the coronavirus attended a church serviceAerial footage shows the full scale of Beirut's devastating explosion, which killed 100 and reduced buildings into rubble
< UK Weekend, News UK, coronavirus, >
- The Guardian 10:30August 8, 2020'We're making it up as we go along': how Trump's America failed the Covid testCoronavirus has been allowed to run amok by governors and the president, spreading inexorably into the rural heart of AmericaA letter landed on the desk of the governor of Georgia, Brian Kemp, this week that given the public health catastrophe swirling all around him might give him pause. His state is one of 21 across the US that have been placed by the White House coronavirus taskforce in the “red zone”, indicating the disease is now so prevalent that immediate restrictions must be imposed to avoid dire consequences.Kemp, a Republican governor and Donald Trump ally, has adopted a controversial approach to Covid-19. Since early July the virus has roared across his state, with new infections rising sharply to top a devastating tally of 182,000. Continue reading...
< Coronavirus outbreak, US news, Georgia >
- Business Insider 10:20August 8, 2020Sweden's no-lockdown strategy is beginning to look like less of an outlier, but still doesn't compare well to other countriesHENRIK MONTGOMERY/TT News Agency/AFP via Getty Images Sweden has been a closely-watched example of a country which decided to not to implement a lockdown in response to the COVID-19 pandemic.
The government said that theirs was a long-term strategy that would eventually bring better results than lockdowns, which have brought their own problems including mass unemployment.
Initially, the policy looked like a clear failure, as the virus spread faster than in comparable nations.
However, Sweden's cases have started to decline recently, bringing them more in line with countries that did lockdown.
But on balance Sweden's metrics are still lagging its neighbors, suggesting that their strategy has yet to redeem itself.
One expert said it would be "dangerous" to paint Sweden's response as a success.
Visit Business Insider's homepage for more stories. Sweden's coronavirus cases have fallen and remained down from their peak, returning it closer to comparable nations after its policy of avoiding sweeping lockdown policies had initially led to elevated deaths and infections.
However, although its numbers of daily deaths and new cases has declined from its own peak, they still compare poorly to its immediate neighbors, which took a harder line on the virus.See the rest of the story at Business InsiderNOW WATCH: How the Navy's largest hospital ship can help with the coronavirusSee Also:Fauci says there are 2 reasons we should reopen schoolsThe UK says it is rolling out rapid tests that can see whether you have the coronavirus within 90 minutesHere's a running list of countries barring American tourists from entering as the US coronavirus outbreak surges to new heights
< coronavirus, Sweden, coronavirus cases, Coronavirus deaths, News UK, UK Weekend, >
- The Guardian 09:00August 8, 2020‘The virus piggybacked on racism’: why did Covid-19 hit BAME families so hard?Ida lost two brothers in 10 days, and Ken’s teenage sweetheart died at 44. Now, they’re looking for answersSir Oyaseh Ivowi sits in front of a poster of two of his three boys. Olume, the older brother, hovers over Isi; both wear traditional Nigerian dress. Underneath are the words: “Gone too soon, but not forgotten. Olume Godfrey Ivowi, 7 November 1973 to 10 April 2020. Isi Benjamin Emitsemu Ivowi, 17 November 1985 to 19 April 2020.”Olume, 46, and Isi, 34, died in Luton and Milton Keynes respectively. Their passing made headlines because it was so shocking: two brothers killed by Covid-19 in such a short space of time. A third brother, Osi, also caught the virus, but has recovered. Continue reading...
< Coronavirus outbreak, Race, Infectious diseases, Death and dying, Family, Society, World news, Medical research, Science >
- The Guardian(UK) 09:00August 8, 2020Just 10 enforcement orders issued for breach of UK quarantine rulesFears measures may be extended to France, but little enforcement appears to be taking placeCoronavirus – latest updatesSee all our coronavirus coverageJust 10 enforcement orders have been issued to people for breaking quarantine rules after arriving in the UK, it has emerged, as fears of an extension of the measures to other parts of Europe led to a surge in last-minute enquires from customers desperate to get away before any further crackdown.This week travellers arriving from Belgium, Andorra and the Bahamas were told they would have to quarantine for 14 days following a rise in Covid-19 cases in those countries. Spain and Luxembourg had already been removed from the travel corridor list. Continue reading...
< Police, Coronavirus outbreak, Health policy, Travel & leisure, UK news, Politics >
- Business Insider 08:12August 8, 2020Trump hosted a press conference filled with falsehoods at his New Jersey golf club where dozens of not socially-distanced attendees were presentSusan Walsh/AP President Donald Trump hosted a press conference at his golf club in New Jersey and, in addition to the press, spoke to a non-socially distanced crowd about the country's response to the ongoing coronavirus pandemic.
However, he made a number of falsehoods, including claiming the pandemic is "disappearing" and that US health insurance has "never" covered individuals with pre-existing conditions.
Visit Business Insider's homepage for more stories. President Donald Trump hosted a press conference at his golf club in New Jersey — filled with a number of falsehoods delivered to dozens in a non-socially-distanced crowd.
Trump addressed reporters and patrons in the ballroom of the Trump National Golf Club in Bedminster, New Jersey, on Friday in a wide-ranging press conference that touched upon the US coronavirus response.See the rest of the story at Business InsiderNOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequenceSee Also:New York City will establish checkpoints at bridges and tunnels to enforce quarantine rules for many out-of-state travelersTrump's new pick for ambassador to Germany accused Merkel of giving money to 'unwanted Muslim invaders' and said migrants want to turn Europe into 'an Islamic state'Lawyer reveals courtroom tactics that White House reporters can use to treat President Trump like a 'hostile witness' during press briefings
< coronavirus, Trump, >