Kern County medical facilities are being pushed to the limit as more and more residents purchase COVID-19. During a press conference on Thursday, Kern Medical CEO Russell Judd said that all local hospitals have reached full capacity and were beginning to implement surge plans. A state model predicted that the …
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Slack Technologies Inc. JOB, -1.10% said Wednesday that it filed a competition complaint against Microsoft Corp. MSFT, + 0.35%, alleging the illegal and anti-competitive practice of abusing their market dominance, before the European Commission. “Microsoft has illegally linked its Teams product to its market-dominant Office productivity suite, forces millions to …
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HAMPTON ROADS, Va. – The latest figures from the Virginia Employment Commission (VEC) show that the unemployment rate fell to 8.4 percent in June, meaning that there are fewer people without jobs since the start of the pandemic. Still, there are many questions surrounding the system. After three months of …
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The numbers: Initial jobless claims fell slightly in the second week of July to a post-pandemic low of 1.30 million, but the decline reluctantly points to continued stress on the economy as the United States struggles to cope with the latest outbreak of coronavirus. New claims for unemployment benefits, a …
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There is a possibility that the unemployment rate will drop sharply in the next six months, St. Louis Fed President James Bullard said Tuesday. In his webcast comments to the New York Economic Club, Bullard noted that many Americans are still informing the government that they are on a temporary …
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