Fox News Corp. announced it’s laying off between 50-100 staff members as the network restructures, according to The Hollywood Reporter. “As Fox News Media has evolved into a streamlined multi-platform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success,” a Fox News spokesperson […]
Customs agents uncover $500k stuffed in furniture
Customs officers at a Florida airport found nearly a half-million dollars being smuggled out of the United States hidden inside furniture, officials said. U.S. Custom and Border Protection officers at Miami International Airport seized $491,280 in unreported U.S. currency last Thursday, the agency said in a news release. The money had been concealed inside a […]
Facebook to remove political ads before election
With just two months left until the U.S. presidential election, Facebook says it is taking more steps to encourage voting, minimize misinformation and reduce the likelihood of post-election “civil unrest.” The company said Thursday it will restrict new political ads in the week before the election and remove posts that convey misinformation about COVID-19 and […]
U.S. unemployment rates drop sharply
U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day. Employers added 1.4 million jobs last month, down from 1.7 million in July […]
U.S. trade deficit surges
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. The Commerce Department reported that the July deficit, the gap between what America buys and what it sells to foreigners, was 18.9% higher than the June deficit of $53.5 billion. It was […]
Tyson meat plant medical clinics?
Tyson Foods is planning to open medical clinics at several of its U.S. plants to improve the health of its workers and better protect them from the coronavirus. The Springdale, Arkansas-based company, which processes about 20% of all beef, pork and chicken in the U.S., said its plan to open the clinics near its plants […]
Scientists dig up “extremely” rare gold coins in Israel
Israeli archaeologists announced Monday the discovery of a trove of early Islamic gold coins found during recent salvage excavations near the central city of Yavne. Sponsored: Did you eat this for lunch? The collection of 425 complete gold coins, most dating to the Abbasid period around 1,100 years ago, was a “extremely rare” find, Israel […]
Can you guess this 1st American company to reach $2 trillion value?
Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion. QUIZ: Which 1 Out Of THESE 3 Alcoholic Drinks Should You Drink? [Sponsored] Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories […]
“Ponzi king” Bernie Madoff’s brother released from federal custody
The younger brother of Ponzi king Bernard Madoff has been released from home confinement and from federal custody, the Bureau of Prisons said Friday. Peter Madoff, who had served about nine years of his sentence, was released from home confinement on Thursday, said Justin Long, a spokesman for the federal Bureau of Prisons. He had […]
Black-owned Chicago small business ransacked… twice
Security cameras captured the pillaging of a West Side Chicago convenience store hours after Mayor Lori Lightfoot warned vandals that the city would hold them accountable for ransacking downtown retailers. Walid Mouhammad, the owner of African Food & Liquor, watched surveillance video helplessly from home on Monday as thieves destroyed his ATM, safe and cash […]
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