Category: Formula 1 News (page 55 of 84)

Jamie Dimon sounds the alarm on the future of American prosperity | CNN BUSINESS

CNN BUSINESS | Jamie Dimon sounds the alarm on the future of American prosperity

Jamie Dimon, CEO of JPMorgan, wrote in his annual shareholder letter that government dysfunction is slowing down America’s economy. “It is hard to look at these issues in their totality and not conclude that they have a significant negative effect on the great American economic engine,” he said.

New York (CNN Business) – Jamie Dimon is very bullish on the US economic recovery from the pandemic. And yet the JPMorgan Chase CEO is deeply concerned about the future of America.

In his annual shareholder letter Wednesday, Dimon wrote that the Covid-19 pandemic, the “horrific murder” of George Floyd and the painfully slow economic growth of the past two decades are all symptoms of a broader problem: “inept” public policy and broad government dysfunction.

“Unfortunately, the tragedies of this past year are only the tip of the iceberg — they merely expose enormous failures that have existed for decades and have been deeply damaging to America,” Dimon wrote, adding that the nation was “totally unprepared” for the deadly pandemic.  —read more— 

CEOs slams ‘bone-headed’ Georgia law as blatant attempt to suppress Black vote | CNN BUSINESS

CNN BUSINESS | One of America’s first Black CEOs slams ‘bone-headed’ Georgia law as blatant attempt to suppress Black vote

New York (CNN Business) – Dick Parsons had to make countless difficult decisions during his storied corporate career. The decision to speak out on Georgia’s voting law was not one of them.

“This was an easy one. There is simply no excuse for what the Georgia legislature has done,” Parsons told CNN Business in his first public comments on the controversial law.

Parsons, who in the early 2000s became one of the first Black CEOs of a Fortune 500 company, is among the 72 Black corporate leaders who signed a letter calling on companies to fight Republican voting restrictions.

In the interview, the former Time Warner and CBS CEO slammed the Georgia law as “bone-headed,” a blatant attempt to suppress the Black vote and a “ruse” that pretends to be aimed at safeguarding elections.  —read more— 

A Michigan university is offering college students a scholarship to study cannabis | CNN

CNN | A Michigan university is offering college students a scholarship to study cannabis

Equipment in the Cannabis Center of Excellence at Lake Superior State University.

(CNN) – Students at Lake Superior State University have had the unique opportunity to pursue a degree in cannabis chemistry since 2019. Now, they can also get cash to do it.

The university in Sault Ste. Marie, Michigan, is offering its first cannabis chemistry scholarship.

Steadfast Labs, a cannabis testing facility in Hazel Park, Michigan, is funding an annual $1,200 scholarship for students pursuing a degree in cannabis chemistry at LSSU.  —read more— 

Ron DeSantis’ Florida boast is falling apart | CNN

CNN | Ron DeSantis’ Florida boast is falling apart

(CNN) – New cases of Covid-19 in the United States have fallen in the last two months to about 55,000 a day. That seems like a whopping number until you compare it with the more than 200,000 daily cases reported in early January. Deaths have also fallen, to about 1,000 a day from more than 3,000. Concern is growing that the US may be at the start of yet another rise in cases.

These numbers are promising, but the ups and downs and ups tell an important lesson about keeping perspective in a pandemic. Today’s promising numbers would have been horrific at this time last year and are hardly as good as they need to be. The pandemic is nothing if not dynamic, with ever-shifting expectations and outcomes.  —read more— 

The reason we can’t fully explore space is fixable. Here’s how | CNN BUSINESS

CNN BUSINESS | The reason we can’t fully explore space is fixable. Here’s how

With so many challenges facing us here on Earth — the pandemic, climate change, the economy — it might seem like an odd time to focus on space.

But space exploration offers enormous benefits for all of us. There’s a long list of innovations that have emerged as a result of space research that have already spawned entire industries: the Global Positioning System, phone cameras, portable computers, water-purification systems, cochlear implants, artificial limbs, wireless headphones, CAT scans, LASIK and even the dustbuster handheld vacuum.

And many of us are able to live and thrive partly because satellites help farmers assess climate and growing conditions and decide which areas are best for cultivation, while also alerting them to unfavorable weather conditions or predictions of longer-term drought. Looking ahead, space commercialization — asteroid mining, manufacturing and scientific research — will require vast amounts of capital and the hiring of skilled labor, creating both wealth and jobs.  —read more— 

How safe is it to stay at a hotel right now? Experts weigh in | CNN travel

CNN travel | How safe is it to stay at a hotel right now? Experts weigh in

(CNN) — After a long year or more of sticking close to home, escaping to a stunning destination and a fancy hotel room may rank high on your to-do list.

Staying in a hotel is very low-risk if you’re vaccinated, separated from other people, and going straight to and from your room, said CNN Medical Analyst Dr. Leana Wen, an emergency physician and visiting professor of health policy and management at the George Washington University Milken Institute School of Public Health.

If you’re not traveling alone, “you certainly should not be sharing a hotel room with someone who is not in your immediate household, unless the other person is fully vaccinated,” Wen said.  —read more— 

Phylicia Rashād on the legacy of the AKAs highlighted in the ‘Twenty Pearls’ documentary | CNN entertainment

CNN entertainment | Phylicia Rashād on the legacy of the AKAs highlighted in the ‘Twenty Pearls’ documentary

(CNN) – Phylicia Rashād pledged Alpha Kappa Alpha sorority at Howard University in Washington, DC in 1968, yet it took narrating a new documentary about the organization before she learned some of its earliest history.

“When you pledge a fraternity or a sorority, you learn the names of the founders and the year in which it was founded,” she told CNN. “But the detailed history that’s in this documentary, we did not learn that as pledgees.”

“Twenty Pearls” tells the story of the first Black sorority, which was founded in 1908 by nine women enrolled at Howard University.  —read more— 

“Twenty Pearls”

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Latin America’s grueling battle with Covid-19 isn’t letting up | CNN

CNN | Latin America’s grueling battle with Covid-19 isn’t letting up

A woman attends the burial of her mother, who passed away due to COVID-19, in Manaus, Brazil.

Bogota, Colombia (CNN) – More than 100 days since the first Covid-19 vaccinations in Latin America, the pandemic is still dangerously resurging in some areas. The region’s recent battle with the coronavirus remains marked by disparities, with some countries boasting of positive vaccination trends while hospitals in neighboring nations collapse under waves of new cases.

Particularly worrying are high Covid-1 mortality rates in Brazil, Peru, Chile and Paraguay — a likely sign that local health systems are being stretched beyond their capacity.

“Mortality increases when this happens because patients have difficulty finding the care they need, and health workers are overburdened by tending to too many people at once,” said Dr. Carissa Etienne, director of the Pan American Health Organization, last week.  –read more

Half a billion Facebook users’ information posted on hacking website, cyber experts say | CNN BUSINESS

CNN BUSINESS | Half a billion Facebook users’ information posted on hacking website, cyber experts say

New York (CNN Business) – The personal information of about half a billion Facebook users, including their phone numbers, have been posted to a website used by hackers, cybersecurity experts say.

There are records for more than 32 million accounts in the United States, 11 million in the United Kingdom, and 6 million in India, according to Alon Gal, the CTO of cyber intelligence firm Hudson Rock.

Details in some cases include full name, location, birthday, email addresses, phone number, and relationship status, he said.  —read more— 

Cleveland Clinic and IBM hope their tech partnership could help prevent the next pandemic | CNN BUSINESS

CNN BUSINESS | Cleveland Clinic and IBM hope their tech partnership could help prevent the next pandemic

Cleveland Clinic will become the first private-sector institution to have one of IBM’s quantum computers on-site.

New York (CNN Business) – After a year in which scientists raced to understand Covid-19 and to develop treatments and vaccines to stop its spread, Cleveland Clinic is partnering with IBM to use next-generation technologies to advance healthcare research — and potentially prevent the next public health crisis.

The two organizations on Tuesday announced the creation of the “Discovery Accelerator,” which will apply technologies such as quantum computing and artificial intelligence to pressing life sciences research questions. As part of the partnership, Cleveland Clinic will become the first private-sector institution to buy and operate an on-site IBM quantum computer, called the Q System One. Currently, such machines only exist in IBM (IBM) labs and data centers.  —read more

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