Big Tech stocks soar as results still come in from nail-biter election

first_img– Advertisement – – Advertisement – – Advertisement – NBC News has not yet projected the presidential election results, as several states remain uncalled. Democrats, meanwhile are projected to hold control of the House, while it’s unclear how the Senate race will play out.Some investors also viewed the potential for Republicans to hold onto the Senate as a positive for tech stocks, since higher capital gains taxes from a Democrat congress could have weighed on the sector.Subscribe to CNBC PRO for access to the livestream of CNBC’s continuous election and business news coverage.center_img Shares of the major tech-related companies jumped early Wednesday as investors flocked toward Microsoft and the FAANG family, comprised of Facebook, Apple, Amazon, Netflix and Google parent company Alphabet, while the U.S. waited for a clear presidential winner.Facebook stock was the biggest winner of the morning, as shares jumped more than 6%. Apple traded up nearly 3%. Amazon stock jumped more than 3.5%. Netflix traded more than 3% higher, while Alphabet’s stock was up more than 3.5%. Microsoft also traded up more than 3.5%. The moves were part of a broader market jump.Investors attributed the move in tech to a number of factors, including the group’s consistently solid returns and safety appeal in times of uncertainty. The group also factored in the possibility that Congress could remain split, which would making sweeping legislation against Big Tech harder to pass.- Advertisement – Facebook CEO Mark Zuckerberg in 2017.KENZO TRIBOUILLARDlast_img read more

PLN to dispatch meter inspectors during PSBB to prevent bill fiasco

first_imgState-owned electricity firm PLN will continue sending meter inspectors to Jakarta homes during the second reinstatement of large-scale social restrictions (PSBB) to prevent household power bills from skyrocketing.The company had stopped sending inspectors in April, when Jakarta first entered lockdown, which caused household electricity bills to jump over the following months, triggering public outcry and a government investigation.“This is done to ensure that customers’ electricity bills match with their electricity consumption,”  PLN spokesman Agung Murdifi said of the new decision on Monday evening. However, PLN will not send inspectors to closed-off neighborhoods and locked homes, he added. These homes will need to report their power consumption – expressed as a kilowatt hour (kWh) on each electricity meter – via instant messaging service WhatsApp between the 24th and 27th of each month.Read also: Charged exchange: PLN electricity billing confusion enters third monthPLN warned that it would use a new bill calculation method — the direct cause of the bill spikes — for such inaccessible homes that do not report in time.The company previously conceded that 1.93 million homes received unfairly high power bills in June due to the new calculation method. PLN had resumed fully dispatching inspectors by that month, including for Jakarta, which had entered a looser, transitional PSBB period.Jakarta reentered a two-week PSBB period starting on Monday to contain the spread of COVID-19, which has killed 1,418 residents, the second-highest provincial death toll behind East Java.Topics :last_img read more

Gov. Wolf: Pennsylvania National Guard Commitment Comes with Great Sacrifice, Foreign and Domestic

first_img National Issues,  Press Release,  Weather Safety PA Guard Stands Ready for Hurricane Season Governor Tom Wolf today recognized the incredible sacrifices made by members of the Pennsylvania National Guard (PNG) during recent responses to support severe weather and COVID-19 emergencies in the commonwealth.“As the second largest National Guard in the country, Pennsylvania is an extremely active Guard that often serves abroad protecting our borders from foreign aggression, but also plays an extremely important role serving domestically,” said Gov. Wolf. “The level of commitment by our Guard is only surpassed by the personal sacrifice these men and women make by being away from loved ones and putting themselves in harm’s way to protect others.”The PNG routinely responds to domestic emergencies, sometimes in other states, but often right here in Pennsylvania. The responsibilities of the PNG during these emergencies include: search and rescue; distribution of food, supplies and equipment; transporting critical health care workers to health care facilities; assisting with evacuating and transporting citizens to shelters; clearing roads of debris; and prepping for post-storm recovery.Most recently, members of the PNG on the Pennsylvania Helicopter Aquatic Rescue Team (PA-HART) helped to rescue two motorists stranded in rapidly rising water in Berks County during flooding caused by Tropical Storm Isaias. In addition to the rescue, a Pennsylvania Guard CH-47 Chinook helicopter and crew members accompanied by PA-HART members helped search for a missing person in the Schuylkill River in Philadelphia. A total of 100 PNG members responded during Isaias.The PNG also found itself in a very different kind of domestic emergency in recent months, standing side-by-side with Pennsylvania first responders and health care providers to help keep people safe during COVID-19. While most of Pennsylvania was social distancing during the pandemic, hundreds of PNG members were deployed throughout the commonwealth to help with an array of emergent needs, including nursing home staffing and PPE training; assisting at county testing sites; standing up medical stations; and working at food banks.“At a time of uncertainty, facing a whole new kind of enemy, the Pennsylvania National Guard lived up to its slogan ‘We live here, we train here, we serve here,’” said Gov. Wolf. “Pennsylvania called and without hesitation, the Guard answered, leaving behind family and putting their careers on hold. Thousands of Pennsylvania citizens are healthy and safe thanks to this selfless sacrifice.”Ver esta página en español. Gov. Wolf: Pennsylvania National Guard Commitment Comes with Great Sacrifice, Foreign and Domestic August 21, 2020center_img SHARE Email Facebook Twitterlast_img read more

Food for thought on how to feed our kids and fight poverty

first_imgStuff 31 August 2019Family First Comment: “…while it is not hard to see the sense in supporting these children and doing something to break the chains of poverty that bind them, neither is it unreasonable to accept the concerns of people like Bob McCoskrie. The Family First NZ director is supportive of the plan but calls it a “micro response to a macro problem”.The Government has struggled with how to change poor eating habits feeding our obesity epidemic; free school lunches will allow it to have an impact that might otherwise seem too “nanny state”.But while it is not hard to see the sense in supporting these children and doing something to break the chains of poverty that bind them, neither is it unreasonable to accept the concerns of people like Bob McCoskrie.The Family First NZ director is supportive of the plan but calls it a “micro response to a macro problem”.Forty-five million dollars is hardly micro, and it will be less so as the Government extends the programme to 120 schools in 2021. At that point, as the cost rises to potentially hundreds of millions of dollars, we may ask if one meal a day is the most effective way to spend taxpayer dollars on tackling poverty.Overseas research suggests that a free meal a day can only feed so much change. Children from lower socio-economic areas do better but are still often outperformed by kids in wealthier suburbs attending wealthier schools.A free meal is fine and worthy, but factors at home remain more influential: Is family life stable or under stress? Are parents able to support homework? Is there enough money to pay for uniforms, sports and other interests?McCoskrie is right that providing free lunches is an easy, if not quite free, hit. Influencing how those children are fed, clothed and supported at home would be the harder change, but have more impact.That’s a no-brainer.READ MORE: up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

UPDATE: Robbery at Paix Bouche Credit Union

first_img Sharing is caring! 23 Views   no discussions Share Share LocalNews UPDATE: Robbery at Paix Bouche Credit Union by: – July 5, 2011center_img Share Photo credit: shenzhen-standard.comPolice Public Relations Officer, Inspector Claude Weekes has confirmed that the Paix Bouche Credit Union has been robbed by a masked individual.According to Inspector Weekes, a masked man entered the Credit Union around 10:30 this morning and shot the security officer Mr. Joseph Audain of Penville in his left leg and proceeded to the clerks and stole an undisclosed sum of money.Mr. Audain has since been hospitalized as a result of his injury.The suspect has not yet been captured by the police and they are therefore asking the general public to report any information which they may have on this matter as their investigations continue.Dominica Vibes News Tweetlast_img read more

‘Pusher’ busted in San Dionisio

first_imgWhen frisked, he yielded two moresachets of suspected illegal drugs. Detained in lockup cell of the municipalpolice station, the suspect faces charges for violation of Republic Act 9165,or the Comprehensive Dangerous Drugs Act of 2002./PN Dela Cruz was nabbed after he sold asachet of suspected shabu to an undercover officer for P1,600 on March 11, thereport added. ILOILO City – Police nabbed a suspecteddrug pusher in a buy-bust operation in Barangay Dogman, San San Dionisio,Iloilo. He was 30-year-old Quinhill Dela Cruz ofBarangay Tobli, San Dionisio, a police report showed. last_img read more

Protests spark virus fears in US

first_imgMIAMI – Protests around the United States against police brutality have sparked fears of a further spread of the coronavirus, while South Korea is reporting a steady rise in cases around the capital after appearing to bring the outbreak under control. People hold for a Black Lives Matter rally at the Caddo Parish Courthouse in Shreveport, La., Sunday, May 31, 2020. HENRIETTA WILDSMITH/THE SHREVEPORT TIMES VIA AP The often-violent protests over the death of George Floyd, a black man who was pinned at the neck by a white Minneapolis police officer, are raising fears of new virus outbreaks in a country that has more confirmed infections and deaths than any other.center_img The protests come as more beaches, churches, mosques, schools and businesses reopen worldwide, increasing the risk of cross-infections. (AP)last_img read more

13 persons nabbed for ‘illegal gambling’

first_imgBACOLOD city – Thirteen persons were nabbed for illegal gambling in Barangay Crossing Pulupandan, Pulupandan, Negros Occidental. Benbinido Sabio;  Anthony Gallego;  Roberto Abeniso;  Viole Parenas;  Patricio Pantela; Radney Peniga; Melanie Cosas; Marilyn Cosas;  Pacita Alcaras; Minda Balinas; two male minors; and a female minor were caught playing tong-its and pusoy around 1:30 a.m. on June 23, a police report showed. Recovered from their possession were four decks of playing cards and P900 bet money.center_img The 10 arrested suspects were taken to the Pulupandan municipal police station. The minors meanwhile were turned over to a local social welfare and development office./PNlast_img read more

Area Cross Country

first_imgCongratulations to the Batesville Lady Bulldogs, the Greensburg Lady Pirates, and the Oldenburg Twisters for qualifying for the semi-state meet this Saturday in Indianapolis.  The Bulldogs girls’ team and the Twister Boys’ team both finished 3rd in the regional this past Saturday at South Dearborn.  The Greensburg Lady Pirates’ finished 5th at the same regional.Cross Country runners qualifying for the semi-state on an individual basis include Conner Bell, Caleb Moster, Cole Nuhring of Batesville and Megan Hoover of North Decatur.  These 4 individuals ran well enough to place in the top 15 so they qualified even though their team did not.This week the competition will get even tougher because most of the Indianapolis area schools that they did not see this past Saturday will be competing against them.  Good luck to the 3 teams and the 4 individuals as they attempt to make the state meet.last_img read more

Women’s hockey: Offensive firepower leads Badgers past Minnesota State

first_imgAfter suffering a loss in their opening game of last week’s series against Bemidji State, the University of Wisconsin women’s hockey team (26-4- 4, 16-4-0 WCHA) jumped at the opportunity for a fresh start against Minnesota State (9-15-5, 3-14-3) at LaBahn Arena.The Badgers lit up the Mavericks with a flurry of early goals in Saturday’s game, scoring their first two within just seven minutes of the opening puck drop. And the Badgers would continue to build on this lead, beating Minnesota State 7-2 in their first matchup of the weekend. After the final buzzer, each Wisconsin goal was credited to different player.On top of a dominating offensive performance, the Badger defense limited Minnesota State to just 11 shots on goal all game.Women’s hockey: No. 2 Badgers welcome Minnesota State to LaBahn this weekendThe No. 2 University of Wisconsin women’s hockey team (24-4, 14-4 WCHA) returns home to LaBahn Arena for a weekend Read…Unfortunately for Wisconsin, redshirt junior goalkeeper Kristen Campbell allowed two of these shots into the net, resulting in a save percentage significantly lower than her senior average. While not as offensively dominating, Wisconsin managed to produce a similar result in game two. Freshman Sophie Shirley was the standout performer for the Badgers, adding a goal to the scoreline in both the first and the second period. Also scoring for the Badgers were junior Alexis Mauermann and freshman Britta Curl, making the final score of game two, 4–1.Men’s hockey: Wisconsin swept at home by No. 3 Ohio StateDespite a valiant effort against the visiting No. 3 The Ohio State Buckeyes (19-5-4, 12-3-3-2 Big Ten), the University of Read…With the majority of offensive production coming from freshmen, the future of women’s Badger hockey appears to be as strong as the present.The Badger defense was stifling in Saturday’s fixture, and Campbell maintained that defensive diligence, only allowing one puck to hit the back of the net.Head Coach Mark Johnson had a significant night of his own, making history for the Badgers by being the first player to have his number retired and jersey hung from the rafters of the Kohl Center. Johnson played for the UW men’s hockey team from 1976-79.Johnson is the winningest coach in NCAA women’s hockey history and was a member of the iconic “Miracle on Ice” 1980 U.S. Olympic hockey team. His name will survive the test of time as he has made history for the women’s hockey team, UW and the nation as a whole.last_img read more