Facebook’s quasi-independent oversight board issued its first rulings on Thursday, overturning four out of five decisions by the social network to take down questionable content.
Facebook’s quasi-independent oversight board issued its first rulings on Thursday, overturning four out of five decisions by the social network to take down questionable content.
China on Friday set its annual economic growth target at "over 6%," and renewed its vow to become a more self-reliant technology leader, AP reports. Why it matters: Premier Li Keqiang, China's top economic official, made the announcement as the world's second-biggest economy continues its recovery from the coronavirus pandemic. The latest target also comes "amid tension with Washington and Europe over trade, Hong Kong and human rights," AP notes.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeChina was the only major economy to report growth last year, with its GDP expanding 2.3%. What they're saying: “As a general target, China’s growth rate has been set at over 6% for this year,” Li said in his 2021 work report delivered at the opening of this year’s parliament meeting, per Reuters. “In setting this target, we have taken into account the recovery of economic activity," Li added. He said the country aims to create more than 11 million urban jobs, up from the 2020 target of 9 million new urban jobs.Li also noted that the country will “work faster to enhance our strategic scientific and technological capability" and will "regard scientific and technological self-reliance as a strategic support for national development,” per AP. Go deeper: How China won 2020More from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
Claude Giroux scored his second goal of the night on a tap-in with 2:08 remaining and the Philadelphia Flyers recovered from an early Pittsburgh deluge to slip by the Penguins 4-3 on Thursday night. The Flyers trailed by three following a 71-second first-period onslaught by Pittsburgh but kept chipping away and finally moving in front on Giroux's easy flip into an open net late in the third. Giroux's first goal pulled the Flyers within one in the second period, like his winner a simple shot from in front.
Martin UAV, a pioneering advanced aviation technology manufacturer in the United States today announced the appointments of industry veterans, William Irby as Chief Operating Officer and Sean Olds as Chief Financial Officer, expanding the executive leadership team effective March 5.
The Knicks ended the first half of their season in style, defeating the Detroit Pistons 114-104 on Thursday night to take a 19-18 record into the All-Star break.
An Australian court on Friday dismissed an appeal by Johnson & Johnson against a ruling that its subsidiary Ethicon had misled patients and surgeons about the risks of its pelvic mesh implants. The full bench of the Federal Court of Australia upheld a November 2019 decision by a federal court judge which found that Ethicon had sold the implants, used to treat urinary incontinence and pelvic organ prolapse, without warning women about the serious risks and was negligent, rushing the products to market before proper testing. J&J appealed the ruling last year after it was ordered to pay three women who led the class action a total of A$2.6 million ($2 million) plus legal costs as compensation.
China is increasing its defense spending by 6.8%, a slight uptick from last year, amid high government debt and the impact of the coronavirus pandemic impact.
Mar. 4—CHEYENNE — The Wyoming House of Representatives gave initial approval Thursday to a bill that would prevent journalists from being sued to disclose their confidential sources, a protection often referred to as a shield law. House Bill 103, which gained committee approval Monday, would protect journalists in Wyoming from being held in contempt of court for refusing to disclose a ...
Jordan Staal and Jesper Fast scored a pair of goals early in the third period to help the Carolina Hurricanes take over and beat the Detroit Red Wings 5-2 on Thursday night. Staal's goal 45 seconds into the period broke a 2-all tie, while Fast — who assisted on Staal's goal when a shot attempt bounced off him to set up that rebound putaway — followed by finishing at the crease off a perfect pass from Andrei Svechnikov at 2:50. Svechnikov, Martin Necas and Nino Niederreiter also scored for the Hurricanes, who came in tied for the second most points in the league.
(Bloomberg) -- Japan recommended extending its virus state of emergency by two weeks for the Tokyo region set to expire Sunday to prevent a fresh wave of infections as the nation prepares to host the Olympic games in July. China set a conservative economic growth target of above 6% for the year, outlining fiscal support with prudent monetary policy as a recovery takes hold.A shipment of 250,000 doses of AstraZeneca Plc’s vaccine that were destined for Australia was blocked by Italy under a new European Union rule. The head of the world’s biggest vaccine maker and the World Health Organization’s chief scientist said manufacturers of virus shots face a global shortage of raw materials.More than a dozen U.S. states reported increases in hospitalizations for the coronavirus, threatening to reverse a national trend that has pushed in-patient numbers to the lowest level since the fall. At the same time, governors across the U.S. states, led by Texas, are loosening or abandoning social restrictions all together, counting on vaccines to usher in a return to pre-pandemic life. Key Developments:Global Tracker: Cases pass 115.5 million; deaths exceed 2.5 millionVaccine Tracker: More than 279 million shots given worldwideU.S. Spotlight: Hospitalizations in New York remain highest in nationInside Pfizer’s fast, fraught and lucrative vaccine distributionVaccinated workers get more office benefits than holdoutsWhere we are in hunting for the origin of Covid-19Subscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on cases and deaths.California Governor Extends Anti-Eviction Order (10:44 a.m. HK)Governor Gavin Newsom signed an executive order extending authorization for local governments to halt evictions for commercial renters impacted by the COVID-19 pandemic through June 30, 2021, according to a statement. The order extends protections against price gouging for emergency and medical supplies amid the ongoing response to the pandemic.Taiwan to Make 120 Million Doses by Yearend (10:42 a.m. HK)National Health Research Institutes will apply to build a second plant to expand vaccine production capacity, Taipei-based Apple Daily reported, citing Health Minister Chen Shih-chung.The government expects mass production of Taiwan’s Covid vaccines to start in July, the newspaper said. China Sets 2021 Growth Target Above 6% (9:12 a.m. HK)China set a conservative economic growth target of above 6% for the year, well below what economists forecast, and outlined ongoing fiscal support with prudent monetary policy.The government will narrow the budget deficit to 3.2% of gross domestic product this year from 3.6% in 2020, Premier Li Keqiang said Friday at the opening of the National People’s Congress.U.S. Hospitalizations Threaten Rebound (9:08 a.m. HK)More than a dozen U.S. states reported increases in hospitalizations for the coronavirus, threatening to reverse a national trend that’s pushed in-patient numbers to the lowest level since the fall.U.S. hospitals were treating 49,519 patients as of Thursday, data from the Department of Health and Human Services show. The tally fell 3.8% since March 1 after California reported 544 fewer cases and Texas recorded a decline of 391. Hospitalizations are down 62% from a peak of 131,637 in mid-January, though the pace of the reduction appears to be slowing.Michigan had 945 hospitalizations Thursday, an increase of 13% over the past three days. Cases jumped 4.9% to 2,075 in Pennsylvania. New Jersey, Massachusetts, Connecticut, Rhode Island, Virginia, Tennessee, Utah, South Dakota, Montana, New Mexico, Nebraska, Idaho and Wyoming also recorded an increase in in-patients.Covid cases make up 12% of hospital patients in New York and Georgia, the highest proportion among U.S. states.Group Calls for Independent Virus Probe (9:05 a.m. HK)A group of scientists called for an independent probe to consider all hypotheses and nail down whether the virus came from an animal amid controversy over the investigation organized by the World Health Organization and China.More than 20 signatories said in an open letter published by the Wall Street Journal that the mission isn’t independent enough as the WHO considered delaying an interim report.Indonesia Holds Phase-3 Trial for China Vaccine (8:32 a.m. HK)A trial on the Covid-19 vaccine produced by China’s Anhui Zhifei Longkema Biological Pharmaceutical will enroll as many as 4,000 participants in Bandung and Jakarta, CNN Indonesia reports.Approval for an emergency use of the vaccine is expected in September, CNN reports.Wells Fargo Offers Vaccine Time Off (7:02 a.m. HK)Wells Fargo & Co., which has the largest workforce among U.S. banks, is encouraging employees to get vaccinated against Covid-19 and is offering paid time off for the inoculations.The firm will offer up to eight hours paid time off for employees across the world to get vaccinated, according to an internal memo reviewed by Bloomberg. The San Francisco-based bank is expanding a testing program, offering the service free to workers at its 25 largest locations, and those who work at other facilities can request an at-home test.Tokyo Plans to Extend Emergency (6:20 a.m. HK)The Japanese government recommended to extend by two weeks its virus state of emergency for the Tokyo region set to expire Sunday, trying to maintain a declining trend in infections as it looks to host the Olympics in about four months.The move was announced early Friday by the government’s point man for virus management, Economy Minister Yasutoshi Nishimura. It came after Prime Minister Yoshihide Suga strongly indicated Wednesday that he was looking to extend the nearly two-month measure, saying it was “an extremely important time for preventing infections.”Pfizer Plant Cited for Quality Issues (4:59 p.m. NY)The factory that Pfizer Inc. plans to use to boost production of its Covid-19 vaccine for the massive U.S. inoculation effort was cited by federal inspectors last year for repeated quality-control violations.Food and Drug Administration inspectors visited the McPherson, Kansas, plant at the end of 2019 into January 2020, according to an inspection report obtained by Bloomberg via a Freedom of Information request. They found the drug giant released medications for sale after failing to thoroughly review quality issues that arose in routine testing, the report shows.College Agrees to End Tuition Suit (2:50 p.m. NY)Southern New Hampshire University has agreed to pay $1.25 million to resolve a class action in federal court by students demanding refunds after the school canceled in-person classes last spring because of the Covid-19 pandemic.The deal appears to be among the first to be reached in a sea of hundreds of lawsuits filed by students against colleges and universities in federal court after Covid-19 disrupted in-person curricula last year.Canada Sees Faster Shot Timeline (2:45 p.m. NY)The Canadian minister in charge of vaccines said it’s “highly likely” the government will be able to move up its target date of September for inoculating every citizen who wants a Covid-19 shot.Procurement Minister Anita Anand said Thursday in an interview that more people could get their jabs at a faster pace as the delivery of doses ramps up.Canada had administered 5.5 doses of vaccine per 100 people as of Wednesday, according to Bloomberg’s vaccine tracker, putting it last among all Group of Seven nations except Japan. The U.K. and U.S. have given 32.3 and 24.3 doses per 100 of their citizens, respectively.France Tightens Restrictions (1:20 p.m. NY)France plans to tighten restrictions and accelerate vaccinations in parts of the country as the government continues to shy away from a third nationwide lockdown on hopes that improvement is just weeks away.The Pas-de-Calais department on the northern coast of France will be put under a weekend lockdown as of Saturday, French Prime Minister Jean Castex said at a weekly news conference. “A lockdown, even limited to the weekend, is a heavy measure,” he said.Ireland Reports Stillbirths (1:18 p.m. NY)Irish authorities have identified four cases of stillbirth caused by Covid placentitis, a virus-related condition that leads to inflammation of the placenta, deputy chief medical officer, Ronan Glynn said. While the findings are preliminary, the nation’s health service has been informed and is monitoring the situation, he said. Ireland reported 462 more cases on Thursday, with 39 deaths.Kuwait Imposes Curfew (12:53 p.m. NY)Kuwait has imposed a partial curfew as daily cases jumped to the highest on record. The curfew comes into force from March 7 between 5 a.m. and 5 p.m. for a month, the Council of Ministers said in a statement. The Gulf nation reported 1,716 new cases on Thursday, taking the total to 196,497 with 1,105 deaths.NYC Gets First J&J Vaccine Shots (11:05 a.m. NY)New York City has received 16,300 Johnson & Johnson vaccine doses, its first delivery of the one-shot vaccine, Mayor Bill de Blasio said. The city will use the J&J shots to begin vaccinating home-bound seniors, the mayor said in a Thursday briefing.De Blasio said when he becomes eligible to get the vaccine, he hopes to get the J&J shot. The city surpassed 2 million vaccinations this week and the city’s health commissioner has said vaccines may be available to all residents by late April.Zimbabwe Approves Indian Vaccine (11:02 a.m. NY)Zimbabwe has become the first African country to authorize the use of India’s only homegrown coronavirus vaccine, which the developers this week said showed strong efficacy.The first batch of Covaxin, which was co-developed by Hyderabad-based Bharat Biotech International Ltd. and the Indian Council of Medical Research, is due to arrive shortly, the Indian Embassy in the southern African nation said on its Twitter account.Germany, Sweden Clear Astra Shot for Elderly (7:44 a.m. NY)Germany has joined countries widening guidelines for AstraZeneca’s vaccine, based on incoming data that support giving the shot to the elderly.Germany’s immunization commission is recommending the vaccine for people age 65 and older, Health Minister Jens Spahn said in an emailed statement. That expands on a ruling that initially limited it to adults between the ages of 18 and 64.Sweden has lifted its recommendation against using AstraZeneca’s vaccine for people older than 65, Public Health Agency Official Sara Byfors told reporters.Milan Tightens Curbs (6:42 a.m. NY)Almost one year after Milan became the first European region to enter into a hard lockdown, the Italian financial capital is again facing major restrictions.All schools will be closed until March 14 and no person will be able to leave town if not for business and health reasons. Milan citizens won’t be allowed to reach their holiday houses, with bars and restaurants remaining closed while shops can stay open.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Red hot Chris Kreider recorded his second hat trick in five games and the Rangers beat the slumping New Jersey Devils 6-1 on Thursday night in a game marred by a late injury to New York goaltender Igor Shesterkin. Kreider, who scored three in a loss to Philadelphia on Feb. 24, has nine goals in his last six games, and 13 overall.
The stock market sold off hard Thursday as bond yields soared on Fed chief Jerome Powell. Tesla stock is key for growth plays.
Mar. 4—With supply concerns in mind, area school superintendents are cautiously optimistic following the announcement that educators will be eligible to receive the COVID-19 vaccine beginning next week. Speaking Wednesday at West Parish Elementary School in Gloucester, Gov. Charlie Baker said school personnel and child care workers can start trying to sign up for COVID-19 vaccine appointments ...
Mar. 4—LA CROSSE — McDonell couldn't have drawn things up much better. Holding onto a five-point lead at the break, the Macks came out of halftime on a simple mission. They weren't going home just yet. McDonell made sure of that when it got back on the court. The Macks opened the second half with a 13-1 run and never looked back in a dominant 67-40 victory over Green Bay N.E.W. Lutheran in ...
The law firm of Kessler Topaz Meltzer & Check, LLP reminds that an investor securities fraud class action lawsuit has been filed against iRhythm Technologies, Inc. (NASDAQ: IRTC) ("iRhythm") on behalf of those who purchased or acquired iRhythm common stock between August 4, 2020 and January 28, 2021, inclusive (the "Class Period").
Mar. 4—NEWBURYPORT — As recently as 18 months ago, the relationship between Plum Island Coffee Roasters owner Bruce Vogel and landlord Newburyport Development was strong enough for the mega landowner to insist it would help Vogel relocate his business if the proposal for its Waterfront West project moved forward. But between then and last month, when Newburyport Development gave Vogel 45 days ...
Filip Forsberg (Nashville Predators) with a Goal vs. Florida Panthers, 03/04/2021
(Bloomberg) -- Asian stocks followed U.S. peers lower after Federal Reserve Chairman Jerome Powell refrained from pushing back against the recent surge in bond yields. Treasuries extended a decline.A slump in technology stocks helped push the MSCI Asia-Pacific Index to a one-month low after Nasdaq 100 losses worsened to almost 10% from February’s peak. Equities fell from Japan and South Korea to China, which set a growth target of more than 6% for 2021 at the National People’s Congress.U.S. futures pointed lower after the S&P 500 erased nearly all its 2021 gains, and contracts on the tech-heavy index underperformed.In Australia, bond yields rose, tracking a jump in the U.S. 10-year benchmark that lifted the yield curve to its steepest point since 2015. The U.S. dollar strengthened against nearly all major peers.Oil prices leapt after the OPEC+ alliance surprised traders with its decision to keep output unchanged. Bitcoin fell with other risk assets.Powell noted the recent runup in yields without hinting at intervention, saying that he would be “concerned by disorderly conditions.” While some investors view the rates moves as a sign of economic strength, others are growing concerned about rising inflation and the impact of higher yields on elevated stock valuations.“It makes logical and intuitive sense that Treasury yields should move back up to 1.50% or 2%, but we are concerned with the rest of the market about the speed at which it’s getting there,” said Mona Mahajan, investment strategist at Allianz Global Investors LLC.Stock-Market Momentum Comeuppance Gets No Sympathy From the FedMeanwhile, the U.S. Senate voted to take up a $1.9 trillion relief bill backed by President Joe Biden, setting off a debate expected to end this weekend with approval of the nation’s sixth stimulus since the pandemic-triggered lockdowns that began a year ago.The February U.S. employment report on Friday will provide an update on the speed and direction of the country’s labor-market recovery.These are some of the main moves in markets as of 11:30 a.m. in Tokyo:StocksS&P 500 futures dropped 0.7%. The gauge retreated 1.3% on Thursday.Japan’s Topix index slid 1.1%.South Korea’s Kospi index fell 1.6%.Australia’s S&P/ASX 200 declined 0.9%.Hong Kong’s Hang Seng shed 1.8%.Shanghai Composite lost 0.9%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.1%.The euro dipped 0.1% to $1.1955.The Japanese yen steadied around 107.95 per dollar.BondsThe yield on 10-year Treasuries rose one basis point to 1.57%.Australia’s 10-year yield rose seven basis points to 1.84%.CommoditiesWest Texas Intermediate crude jumped 0.7% to $64.25 a barrel.Gold dropped 0.2% to $1,694.00 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Christopher Ford talks about the story at its core.
The bearded 31-year-old argued heatedly with the chair umpire on court over a mark in the clay next to the line but failed to convince the official to overturn the call. Later in the set, he was docked a point for a second code of conduct violation after again spitting and arguing with the chair umpire. Serving at 5-1 down in the third set, Paire made two seemingly deliberate wild double-faults to lose the match, tapping his last serve well wide while a ball-kid was still on the court retrieving his previous serve.
Mar. 4—LARAMIE — To say Derek Frazier's route to Laramie was a long time coming is probably an understatement. Frazier, who was named the University of Wyoming's offensive line coach Feb. 10 following two seasons as an assistant with the New York Jets, has long been connected to the Cowboys program. His father, Tom, was a captain on UW's 1966 squad. Frazier grew up in Fort Collins, Colorado, ...