The auto industry has raced ahead on an electric wave with more manufacturers joining the race seemingly every day. The boating industry has sputtered far behind, bogged down by low-horsepower engines and batteries that take up nearly half the boat. That’s in the process of changing. Little Deadly Pill Killing… Read More
German central bank inundated with money damaged by floodwater
Germany’s central bank says it has been inundated with more than 50 million euros’ ($59 million) worth of damaged bank notes after deadly floods that hit part of the country in July. The Bundesbank said Wednesday that individuals and banks have handed in notes that were soaked in the floods… Read More
Big Tech star prepares for felony trial
Jury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine. But the Theranos technology, which… Read More
Pandemic recession pushed Social Security insolvency up a year
The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation’s bedrock retirement programs. The new projections in the annual Social Security and Medicare trustees… Read More
Tailgaters cautiously optimistic but wary as season starts
This usually is the time of year that Mississippi alumnus Sid Seal is putting the final plans in place for the pregame tailgate parties he has organized for the last two decades. Ole Miss bills itself as the school that offers “the most iconic tailgating in college athletics” with fans… Read More
Ida’s aftermath: No power, no flights, scant drinking water
Hundreds of thousands of Louisianans sweltered in the aftermath of Hurricane Ida on Tuesday with no electricity, no tap water, precious little gasoline and no idea when things might improve. Long lines that wrapped around the block formed at the few gas stations that had fuel and generator power to… Read More
Montana State University receives $101M donation for…
Montana State University said Monday that the founders of an insurance company are donating $101 million to its nursing school. School officials said the donation is the largest gift to a university nursing program in U.S. history and will help the state deal with a shortage of nurses. The donors… Read More
N.C. couple split jackpot thanks to 2 winning tickets
A North Carolina couple split a nearly $1 million lottery jackpot thanks to two identical tickets, a sudden windfall the pair say they will put to good use. The North Carolina Education Lottery says Luther Cannon bought two tickets for Sunday’s Cash 5 jackpot at a convenience store in Rocky… Read More
Virtual charter schools saw little disruption, received equal virus aid
While many schools scrambled to shift to online classes last year, the nation’s virtual charter schools faced little disruption. For them, online learning was already the norm. Most have few physical classrooms, or none at all. Yet when Congress sent $190 billion in pandemic aid to schools, virtual charters received… Read More
Fed on track to slow aid for economy later this year
The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession. The Fed’s move could lead, over time, to somewhat higher borrowing… Read More
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