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Happening Now: Triad protest takes place on Sunday

Protests against a series of racial rights occur across the Triad one day after George Floyd’s memorial service in Raeford, North Carolina. Click on the video player above to see the coverage of Sunday’s protests in the Piedmont Triad. LIVE UPDATES: 8:20 p.m. – I-40 opens again for motorists after protesters are dispersed.8: 12 p.m. – Greensboro Police Department announced …

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Biggest error in the labor market report in May caused the official unemployment rate to be 3% lower than it is

A “misclassification error” in the US government’s official report in May’s job made unemployment seem three percent lower than it actually is. The error was revealed in a special note buried in the report released by the Bureau of Labor Statistics (BLS) on Friday, which indicates that the employment rate had dropped to 13.3 percent after reaching a peak in …

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Ex-FDA chief Scott Gottlieb says there is “no doubt” protests will increase the transmission of coronavirus

Washington – When tens of thousands of protesters have marched in cities across the country demanding police brutality cease, Dr Scott Gottlieb, former chief of the Food and Drug Administration, warned on Sunday that there is “no doubt” whether the protests will lead to a spike in coronavirus infections. “We will certainly see transmission coming out of these gatherings. There …

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AstraZeneca Merged Targeted Gilead: Report

Drug maker Gilead Sciences (GILD) – Get report – who made headlines recently after getting the government’s OK to use remdesivir as a potential coronavirus treatment – reportedly reported by AstraZeneca (AZN) – Get report for a possible merger agreement. The news of the binding process was reported by Bloomberg. A spokesman for Gildead told Way on Sunday via email …

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The driver waiting in a long line at McDonald’s has taken the car when the cops notice something unusual

Hopefully this guy is okay in the parking lot. As fast food chains and restaurants reopen worldwide, reports of massive drive-thrus lines continue to emerge. Unfortunately for a driver, while waiting for one of these lines, the authorities noticed something unusual about his car. Authorities in Cirencester, England, seized the silver ship while waiting in line at a local McDonald’s …

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AstraZeneca approached Gilead on merger

White House health adviser Dr. Anthony Fauci has said that the coronavirus outbreak in the US seems to be going in the “right direction” despite some “blips”. New York saw its lowest daily death toll in eight weeks on Thursday and the number of daily deaths related to Covid-19 has been on a slow, steady decline from a height of …

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Lawmakers worry that the IRS will give rich people a passport

Lawmakers on both sides of the aisle are raising concerns after an IRS watchdog found that the agency has not targeted hundreds of thousands of high-income individuals who have not filed tax returns. In a report released last week, a government watchdog said there were about 880,000 high-income earners who had no filers who, as of December 2018, still did …

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China’s exports decline as the global slowdown hits the economy

Foreign demand for Chinese goods cooled in May, a sign that the corona virus-driven global slowdown outweighs the world’s second-largest economy, despite reporting stronger business activity at home. At the same time, a fall in global commodity prices has prompted Beijing to buy strategic resources as crude oil as tensions increase with the United States, the new figures in yuan …

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