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JCPenney may file for bankruptcy next week, reports suggest

J.C. Penney may be preparing to file for bankruptcy protection next week, according to Reuters and other news. JC Penney would be the first major retailer in the United States to crash under the pressure of the coronavirus effect on the US economy. Bankruptcy would close a slow-down chapter for the department store chain, which has been operating since 1902. …

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Stanislaus County coronavirus death toll counts up to 20

Coronavirus deaths in Stanislaus County increased to 20 and the number of people testing positive reached 496, health officials reported. New numbers were released late Saturday afternoon, and the number of deaths tied to the disease increased by one. There was no immediate information on the latest recorded victim, including whether they were linked to the Turlock Nursing and Rehabilitation …

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FDA Greenlight’s new coronavirus antigen test

Get all the latest news about coronavirus and more delivered daily to your inbox. Sign up here. The Food and Drug Administration (FDA) on Saturday announced that it provided emergency approval of an antigen test that can quickly detect coronavirus proteins from the taps of infected patients. The test, developed by Quidel Corp. in San Diego, California, examines samples from …

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Elon Musk threatens to move Tesla HQ from California over Covid-19 restrictions | coronavirus outbreak

Tesla sues local California authorities as the electric car manufacturer presses to open its plant there and CEO Elon Musk threatens to relocate the company’s headquarters to Texas or Nevada. Musk has been pushing to open the Teslas Fremont, California, plant after Alameda County Health Department said the car manufacturer may not reopen because local locking measures to limit the …

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Flash crash! Valar drops the price of Bitcoin

Briefly The price of Bitcoin fell 15% in minutes from 5pm PST. Whales were blamed as usual. Expect more of the same as we go to halving next week. Now it starts again. Bitcoin (and almost everything else) crashed 15% during a 7-minute period when an election or election dropped its BTC. About 17:30 PST Coinbase also went down, but …

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A first among Gerber Babies: She is adoptive

After presenting nearly a dozen small brand ambassadors as the face of their baby food and other childhood products, Gerber announced on Friday that it had chosen the first adopted “speech hub” in its 92-year history. The child, Magnolia Earl of Ross, California, was selected from more than 327,000 entries submitted to the Gerber Web site, where families uploaded photos …

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