RECENT ARTICLES
Hundreds of corporations, business leaders, celebs sign statement against voting restrictions
Key PointsHundreds of corporations, executives and celebrities released a statement Wednesday in opposition to "any discriminatory legislation or measures" that would restrict ballot access.Signatories include corporations such as , and and individuals such as Berkshire Hathaway CEO Warren Buffett, actor Leonardo DiCaprio and music star Ariana Grande.The statement is the latest and largest showing of corporate backlash to GOP-backed election bills in state legislatures across the country that civil rights advocates say will make it harder for minorities to vote.Ken Chenault, former CEO, and...…Key PointsHundreds of corporations, executives and celebrities released a statement Wednesday in opposition to "any discriminatory legislation or measures" that would restrict ballot access.Signatories include corporations such as , and and individuals such as Berkshire Hathaway CEO Warren Buffett, actor Leonardo DiCaprio and music star Ariana Grande.The statement is the latest and largest showing of corporate backlash to GOP-backed election bills in state legislatures across the country that civil rights advocates say will make it harder for minorities to vote.Ken Chenault, former CEO, and...WW…
WHO says more than 87% of the world's Covid vaccine supply has gone to higher-income countries
Business News and FinanceVIEW IN APPKEY POINTS Wealthy countries have received the vast majority of the world's supply of Covid-19 vaccine doses, while poor countries have obtained less than 1%, the World Health Organization said at a press briefing Friday.Of the 700 million vaccine doses that have been distributed across the globe, "over 87% have gone to high-income or upper- and middle-income countries, while low-income countries have received just 0.2%," said WHO Director-General Tedros Adhanom Ghebreyesus.On average, 1 in 4 people in high-income countries have received a...…Business News and FinanceVIEW IN APPKEY POINTS Wealthy countries have received the vast majority of the world's supply of Covid-19 vaccine doses, while poor countries have obtained less than 1%, the World Health Organization said at a press briefing Friday.Of the 700 million vaccine doses that have been distributed across the globe, "over 87% have gone to high-income or upper- and middle-income countries, while low-income countries have received just 0.2%," said WHO Director-General Tedros Adhanom Ghebreyesus.On average, 1 in 4 people in high-income countries have received a...WW…
U.S. sees rising Covid cases associated with youth sports, CDC director says
Key PointsThe U.S. is seeing increasing reports of Covid-19 cases linked to youth sports, Centers for Disease Control and Prevention Director Dr. Rochelle Walensky said Friday.The connection between youth sports and increased cases comes as the highly infectious B.1.1.7 variant first identified in the U.K. has become the In Michigan and Minnesota, there are a growing number of Covid cases linked to the B.1.1.7 variant, Walensky said, "and in both of these states, there is concern about transmission in youth sports, both club sports as well as sports affiliated in schools.""What is happening...…Key PointsThe U.S. is seeing increasing reports of Covid-19 cases linked to youth sports, Centers for Disease Control and Prevention Director Dr. Rochelle Walensky said Friday.The connection between youth sports and increased cases comes as the highly infectious B.1.1.7 variant first identified in the U.K. has become the In Michigan and Minnesota, there are a growing number of Covid cases linked to the B.1.1.7 variant, Walensky said, "and in both of these states, there is concern about transmission in youth sports, both club sports as well as sports affiliated in schools.""What is happening...WW…
Georgia Gov. Brian Kemp dismisses corporate backlash over election law
Key PointsIn this articleGeorgia Gov. Kemp responds to backlash against its new voting restrictionsGeorgia Gov. Brian Kemp on CNBC's "" on Wednesday dismissed corporate backlash against voting legislation he signed into law.The governor on Thursday that civil rights advocates say disproportionately hurts voters of color. The legislation adds new identification requirements to absentee voting, limits ballot drop boxes and prohibits offering food or water to voters in line, among other provisions."I'm glad to deal with it," Kemp said, referencing the backlash from business leaders in Georgia...…Key PointsIn this articleGeorgia Gov. Kemp responds to backlash against its new voting restrictionsGeorgia Gov. Brian Kemp on CNBC's "" on Wednesday dismissed corporate backlash against voting legislation he signed into law.The governor on Thursday that civil rights advocates say disproportionately hurts voters of color. The legislation adds new identification requirements to absentee voting, limits ballot drop boxes and prohibits offering food or water to voters in line, among other provisions."I'm glad to deal with it," Kemp said, referencing the backlash from business leaders in Georgia...WW…
White House reinstates program allowing some Central American minors to seek to reunite with parents in U.S.
Key PointsPresident Joe Biden's administration is reinstating an Obama-era program that would allow some Central American children to seek to legally enter the U.S. from their home countries, the State Department Wednesday.The announcement comes as the Biden administration faces an influx of unaccompanied migrant children at the U.S.-Mexico border."Neither this announcement nor any of the other measures suggests that anyone, especially children and families with young children, should make the dangerous trip to try and enter the U.S. in an irregular fashion," Roberta Jacobson, Biden's...…Key PointsPresident Joe Biden's administration is reinstating an Obama-era program that would allow some Central American children to seek to legally enter the U.S. from their home countries, the State Department Wednesday.The announcement comes as the Biden administration faces an influx of unaccompanied migrant children at the U.S.-Mexico border."Neither this announcement nor any of the other measures suggests that anyone, especially children and families with young children, should make the dangerous trip to try and enter the U.S. in an irregular fashion," Roberta Jacobson, Biden's...WW…
College students call on lawmakers to raise the minimum wage to $15 an hour
CNBC's "College Voices" is a series written by CNBC interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. is a senior at Duke University studying public policy. The series is edited by .As Congress considers , many college students say the wage hike for balancing work and school.Sade Andrews, a 20-year-old fast food worker at McDonald's, advocated for the successful ballot initiative in Florida last November that gradually raises the state's minimum wage to $15 per hour. She hopes...…CNBC's "College Voices" is a series written by CNBC interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. is a senior at Duke University studying public policy. The series is edited by .As Congress considers , many college students say the wage hike for balancing work and school.Sade Andrews, a 20-year-old fast food worker at McDonald's, advocated for the successful ballot initiative in Florida last November that gradually raises the state's minimum wage to $15 per hour. She hopes...WW…
Biden's immigration bill faces an uphill battle in Congress, but these parts could find bipartisan support
Key PointsImmigration advocates and experts across the political spectrum do not expect the backed by President Joe Biden to pass in Congress as is — but the areas where their priorities align highlight opportunities for bipartisan compromise.Democrats on Feb. 18 introduced the , which would establish an eight-year path to citizenship for 11 million undocumented immigrants, broaden legal immigration avenues, and reduce visa backlogs, among other provisions.Even upon introduction, the bill's sponsors acknowledged the possibility of an alternative piece-by-piece approach to passing...…Key PointsImmigration advocates and experts across the political spectrum do not expect the backed by President Joe Biden to pass in Congress as is — but the areas where their priorities align highlight opportunities for bipartisan compromise.Democrats on Feb. 18 introduced the , which would establish an eight-year path to citizenship for 11 million undocumented immigrants, broaden legal immigration avenues, and reduce visa backlogs, among other provisions.Even upon introduction, the bill's sponsors acknowledged the possibility of an alternative piece-by-piece approach to passing...WW…
Recovered Covid patients have been reinfected with new virus strains, WHO says
Key PointsPreliminary reports from South Africa show people who have recovered from Covid-19 have been reinfected with a new, more contagious variant of the virus, World Health Organization officials said at a press briefing Friday.The good news, however, is that the vaccines developed to guard against the virus appear to reduce the severity of illness in those who do develop Covid-19, even if it doesn't completely protect them from infection, said the WHO's chief scientist, Dr. Soumya Swaminathan.Dr. Scott Gottlieb discusses the rise in variant Covid cases"The [vaccine] trials that have...…Key PointsPreliminary reports from South Africa show people who have recovered from Covid-19 have been reinfected with a new, more contagious variant of the virus, World Health Organization officials said at a press briefing Friday.The good news, however, is that the vaccines developed to guard against the virus appear to reduce the severity of illness in those who do develop Covid-19, even if it doesn't completely protect them from infection, said the WHO's chief scientist, Dr. Soumya Swaminathan.Dr. Scott Gottlieb discusses the rise in variant Covid cases"The [vaccine] trials that have...WW…
VP Harris responds to surge in violent attacks against Asian Americans
Key PointsVice President Kamala Harris on Friday responded to a ."We must continue to commit ourselves to combating racism and discrimination," Harris said on Twitter.Videos of recent attacks on older Asian Americans in California's Bay Area spread across social media in the last week.One showed a 91-year-old man being pushed from behind and landing facedown on the street in the Chinatown neighborhood of Oakland, Harris' hometown.Another showed 84-year-old Vicha Ratanapakdee violently shoved to the ground in San Francisco. He later died, the San Francisco Chronicle .More than 2,500 hate...…Key PointsVice President Kamala Harris on Friday responded to a ."We must continue to commit ourselves to combating racism and discrimination," Harris said on Twitter.Videos of recent attacks on older Asian Americans in California's Bay Area spread across social media in the last week.One showed a 91-year-old man being pushed from behind and landing facedown on the street in the Chinatown neighborhood of Oakland, Harris' hometown.Another showed 84-year-old Vicha Ratanapakdee violently shoved to the ground in San Francisco. He later died, the San Francisco Chronicle .More than 2,500 hate...WW…