(Reuters) – A US government program that compensates people who say they are harmed by an emergency vaccine has paid out on less than 10% of claims, raising questions about whether the process should be used to deal with any side effects from a coronavirus shot to sue, according to …
Read More »Water levels at the Two Gorges in China near maximum after flooding rain
SHANGHAI (Reuters) – Water levels at China’s Giant Three Gorges Dam on the Yangtze River are nearing their maximum after torrential rains raised currents to a record high, official data showed Friday. FILE PHOTO: The Three Gorges Dam on the Yangtze River throws water to lower the water level in …
Read More »House sales in July hit a record 24.7% as prices hit new highs
Sales of existing homes rose 24.7% in July compared to June, according to the National Association of Realtors. These numbers represent closed sales, which means contracts signed May and June. This is the strongest monthly profit in the history of the survey, back to 1968, and the highest selling point …
Read More »US will have third act of coronavirus and it will probably be ‘pervasive’, ‘says Dr. Scott Gottlieb
The U.S. has not yet had a “true second wave” of the coronavirus and the country could see a resurgence of the virus in the fall and winter, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC on Friday. “I think most people’s perception is that we had …
Read More »Amazon’s consumer boss Jeff Wilke to retire in 2021
Jeff Wilke, CEO of Amazon’s global consumer company, will retire in the first quarter of 2021, the company announced in a statement filed Friday. Dave Clark, who is senior vice president of retail companies, will succeed Wilke after he retires, Amazon said. In a memo to staff, titled “Hanging the …
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