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Pentagon makes China its top policy priority with several new classified programs
  + stars: | 2021-06-09 | by ( Amanda Macias | ) www.cnbc.com sentiment -0.80   time to read: +2 min
U.S. Secretary of Defense Lloyd Austin participates in a news briefing at the Pentagon May 6, 2021 in Arlington, Virginia. WASHINGTON – Defense Secretary Lloyd Austin on Wednesday directed the Pentagon to place China and its military build-up at the center of American defense policy. The classified Pentagon-wide directive comes on the heels of recommendations from a 23-member task force aimed at assessing the U.S. military's China strategy. Through the directive unveiled Wednesday, the Pentagon will assess U.S. alliances and partnerships, deterrence, operational concepts, emerging capabilities, future force posture, technology and civilian and military workforce. When pressed for more details, the official added that the initiatives created by the directive will largely remain classified.
Persons: Defense Lloyd Austin, Lloyd Austin, Joe Biden, Trump, Biden Organizations: Defense, Pentagon, WASHINGTON –, Joint Chiefs of Staff Locations: Arlington , Virginia, WASHINGTON, China, Beijing, Washington
Pentagon issues directive on countering China, but offers few details
  + stars: | 2021-06-09 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
U.S. Defense Secretary Lloyd Austin looks on during a meeting with NATO Secretary General Jens Stoltenberg at the Pentagon in Arlington, Virginia, U.S., June 7, 2021. REUTERS/Evelyn HocksteinU.S. Defense Secretary Lloyd Austin issued an internal directive calling for several initiatives to counter China, U.S officials said on Wednesday, but few specifics were provided on how they would be different from efforts already underway. The United States has put countering China at the heart of its national security policy for several years now, with both countries at loggerheads over issues from technology and human rights to Chinese military activities in the disputed South China Sea. The directive is the result of recommendations made by a Pentagon task force that was set up in February by President Joe Biden. But the budget has come under criticism from lawmakers and experts as not focusing enough on the near-term risks from China.
Persons: Lloyd Austin, Jens Stoltenberg, Evelyn Hockstein, Joe Biden, Ashley Townshend Organizations: Defense, NATO, Pentagon, REUTERS, . Defense, United, Biden, United States Studies, University of Sydney, Thomson Locations: Arlington , Virginia, U.S, China, United States
"If somebody is right next to you and they have COVID and they take their mask down, that elevates your risk," Sanford said. Each of these elements increases your risk of infection — even if that risk is slim. Cristian Bortes/EyeEm/Getty ImagesResearch indicates that blocking off middle seats on planes can lower the risk of transmission on board. "Things like seat selection have such a negligible, minimal effect on the ultimate risk," Sanford said. Thomas Pallini/InsiderAlthough seats in first class are spaced farther apart, Sanford said that probably won't cut your risk of infection.
Persons: Christopher Sanford, Sanford, Kent Nishimura, haven't, Daniel Slim, Evert Elzinga, it's, Cristian Bortes, Splurging, Thomas Pallini, Ajay Aggarwal, you'd Organizations: University of Washington, US Transportation Security, Booking Holdings, European Union, Los Angeles Times, Getty, Disease Control, Delta Air, Emirates, That's, Washington Reagan National Airport, Research, LNJP, Hindustan Times, CDC Locations: It's, Texas, Turkey, Iceland, Croatia, Arlington , Virginia, AFP, Schiphol, Netherlands, San Francisco, Istanbul, you'll, Australia, Phoenix, Minneapolis, Hanoi, Vietnam, New Delhi, India
In Memorial Day speech, Biden defends 'imperfect' democracy
  + stars: | 2021-05-31 | by ( Andrea Shalal | ) www.reuters.com + 0.94   time to read: +2 min
U.S. President Joe Biden puts a note with the number of U.S. soldiers killed in Iraq and Afghanistan is his pocket as he delivers the Memorial Day speech during the National Memorial Day observance at Arlington National Cemetery in Arlington, Virginia, U.S. May 31, 2021. REUTERS/Joshua RobertsU.S. President Joe Biden used his Memorial Day speech on Monday to defend America's "imperfect" democracy, calling for more work to deliver the promise of what he said remained "the greatest experiment" in world history. Democracy means the rule of the people," Biden said in a speech to honor one million Americans who have lost their lives in military service. "The struggle for democracy is taking place around the world - democracy and autocracy. He has also pointed to what he has describes as autocratic rule in China and Russia as major challenges faced by the United States.
Persons: Joe Biden, Joshua Roberts U.S, Biden Organizations: Arlington National, REUTERS, U.S, Thomson Locations: Iraq, Afghanistan, Arlington , Virginia, U.S, United States, Arlington, China, Russia
U.S. fails to intercept test missile target
  + stars: | 2021-05-29 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, U.S., January 8, 2020. REUTERS/Al DragoA U.S. warship failed to intercept a medium-range ballistic missile test target on Saturday, the U.S. Missile Defense Agency said. "The objective of the test was to demonstrate the capability of a ballistic missile defense-configured Aegis ship to detect, track, engage and intercept a medium-range ballistic missile target" with a salvo of two Standard Missile-6 (SM-6) Dual II missiles, the agency said in a statement. The MDA, an agency under the Department of Defense, routinely conducts missile defense tests. It has previously conducted successful intercept tests using types of SM-6 missiles.
Persons: Al Drago Organizations: Pentagon, REUTERS, U.S . Missile Defense Agency, MDA, Department of Defense, Thomson Locations: Arlington , Virginia, U.S
Photographer turns cicadas into portrait subjects
  + stars: | 2021-05-28 | by ( Canice Leung | ) www.reuters.com sentiment -0.55   time to read: 1 min
A cicada is posed in an Olympic weightlifting scene by Virginia photographer and cicada enthusiast Oxana Ware in Arlington, Virginia, in this May 2021 handout photo. Oxana Ware/Handout via REUTERS
Persons: Oxana Ware Locations: Virginia, Arlington , Virginia, Handout
Cicadas make their Olympic debut in miniature art scenes
  + stars: | 2021-05-27 | by ( ) www.reuters.com + 0.00   time to read: +2 min
Cicadas are posed in an Olympic weightlifting scene by Virginia photographer and cicada enthusiast Oxana Ware in Arlington, Virginia, U.S., in this May, 2021 handout photo. How about a line of cicadas waiting in line for vaccinations at CVS? Ware collects the cicadas in her yard and places them in doll house-sized settings she has made to showcase them. What started as a light-hearted way to memorialize the cicadas has helped children become unafraid of the cicadas, Ware says. I see the best in cicadas," she said.
Persons: Oxana Ware, Ware, I've Organizations: Thomson Locations: Virginia, Arlington , Virginia, U.S, Handout, United States, Tula, Russia, Basil's
White House says no plans to require vaccines for foreign visitors
  + stars: | 2021-05-21 | by ( ) www.reuters.com sentiment -0.89   time to read: 1 min
A traveler walks past a Christmas tree as he makes his way through the Ronald Reagan Washington National Airport, in Arlington, Virginia, U.S., December 22, 2020. REUTERS/Kevin LamarqueThe White House said on Friday it has no plans to require foreign visitors to the United States to be vaccinated for COVID-19, even as the European Union plans to allow Americans who have received their shots to travel in the bloc. White House spokeswoman Jen Psaki also said there was no update on when the U.S. might allow in more foreign visitors. "We certainly understand the desire of many Europeans to come to travel the United States and vice versa," Psaki said. We have to rely on the guidance of our health and medical experts."
Persons: Ronald Reagan, Kevin Lamarque, Jen Psaki, Psaki Organizations: Ronald Reagan Washington National Airport, REUTERS, European Union, Thomson Locations: Ronald Reagan Washington, Arlington , Virginia, U.S, United States
Trump's staff is expensing printer toner and a floor mat for Trump's chair. The benefit lasts for about six months after a president leaves the White House. Both Miller and Scavino were among the highest-paid staffers and most trusted advisors in Trump's White House. GSA did not respond to a request for comment about whether the Trump team is currently occupying that space. One day earlier, a GSA employee agreed over email to place an order for four cartridges of printer toner for Trump's team.
Persons: Donald Trump's, Stephen Miller, Dan Scavino, Miller, Trump, White, Trump's, Mark Meadows, Scavino, Molly Michael, Nicholas Luna, Beau Harrison, Hayley D'Antuono, Marcia Kelly, Eliza Thurston, Read, Donald Trump, Mike Pence, Desiree Thompson, Ben Williamson, Ali Pardo, Scott Gast, Williamson, Melania Trump, Nicholas Kamm, Luna, Price, Harrison, Jason Miller Organizations: White, General Services Administration, GSA, Trump, White House, Service, Trump White House, Potomac, Trump White, Getty Locations: Palm Beach , Florida, Arlington , Virginia, White, Palm, Florida, Potomac, Washington, DC, Crystal City, Arlington, Lago, Palm Beach Florida, West Palm Beach , Florida
Colonial Pipeline has returned its entire system to normal operations and is delivering millions of gallons of fuel each hour after a ransomware attack forced the company shut its network last Friday. Colonial carries nearly half of the fuel supply on the East Coast, including gasoline, diesel fuel, heating oil and jet fuel. Colonial said it will invest in the necessary resources to maintain safe and reliable pipeline operations. "Since this incident began, we have been clear that our focus was on the safe and efficient restoration of service to our pipeline system," Colonial said in a tweet. "That is what we have achieved through the commitment and dedication of the many Colonial team members."
Persons: cyberattack, Colonial Organizations: Colonial Pipeline, D.C, Colonial, U.S, NBC, Department of Energy, FBI, Department of Homeland Security, Department of Defense Locations: Arlington , Virginia, Texas , Louisiana , Mississippi , Alabama , Tennessee, Georgia, South, North Carolina , Virginia, Maryland, , Delaware , Pennsylvania, New Jersey, East Coast
Amazon releases new images of HQ2 as it ramps up hiring in Virginia
  + stars: | 2021-05-12 | by ( Annie Palmer | ) www.cnbc.com + 0.00   time to read: +2 min
In a blog post , the company shared new design proposals for the second phase of construction at HQ2. Amazon on Wednesday revealed the latest look at its second headquarters, called HQ2, and announced plans to hire 1,900 new employees near its sprawling northern Virginia campus. Amazon HQ2 rendering showing the Helix, which includes work space, will also be open to the public select weekends every month. Amazon and architecture firm NBBJ are presenting plans for the second phase of construction on HQ2 to Arlington County officials on Wednesday. Amazon broke ground on its second headquarters last year.
Organizations: Long, City Council Locations: HQ2, Virginia, Arlington, Arlington , Virginia, Long Island City, Queens , New York, New York, Arlington County, PenPlace
REUTERS/Yuri Gripas/File PhotoChina should implement its commitments to equal treatment for foreign business and abandon "implicit" guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said on Tuesday. When ties worsen, U.S. firms see poorer implementation of regulations promising equal treatment for foreign business, affecting investment project approvals and market access, said Greg Gilligan, chairman of AmCham China. Legislation promising equal treatment for foreign and domestic companies is only unevenly implemented, said the paper, which also called for emerging sectors like cloud computing to be opened up to foreign companies. U.S.-China tensions were seen as a challenge to doing business in China for 78% of companies polled by AmCham, according to a survey released in March. China also pledged to toughen intellectual property protections, and improve agriculture biotechnology and financial services access for U.S. firms.
Persons: Yuri Gripas, Greg Gilligan, Sweden's, Joe Biden, Katherine Tai, Trump Organizations: Pentagon, REUTERS, American Chamber of Commerce, Republicans, AmCham, U.S . Trade, Biden, U.S, Thomson Locations: Arlington , Virginia, U.S, China, United States, China's, Xinjiang, Beijing, Beijing . U.S, Tai, Washington
Amazon raises $1 billion sustainable bond for climate, social causes
  + stars: | 2021-05-10 | by ( Kate Duguid | Simon Jessop | ) www.reuters.com sentiment -0.95   time to read: +2 min
NEW YORK/LONDON (Reuters) - Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing. Global green bond issuance reached a record high of $270 billion at the end of 2020 and could reach $450 billion this year, according to Climate Bonds Initiative. The money raised through the sustainability bond is a fraction of the total debt Amazon issued on Monday - some $18.5 billion. The company said it forms part of a new Sustainable Bond Framework and will be spent on new and existing projects. The framework also cited sustainable building projects, like using an all-electric heating and cooling system run on renewable energy in the company’s new Arlington, Virginia, headquarters.
Persons: Eletrobras Organizations: Amazon.com Inc, world’s, Bond, Amazon Locations: Arlington , Virginia
Barclays downgrades Oracle, says the stock's comeback has gone far enough
  + stars: | 2021-05-10 | by ( Jesse Pound | ) www.cnbc.com sentiment -1.00   time to read: 1 min
An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. It's time for investors to trim their bets on Oracle after a strong start to the year, investment firm Barclays said in a note to clients on Monday. The firm downgraded the software stock to equal weight from overweight after Oracle reached Barclays' price target, saying there was not a clear reason for more upside. The stock has jumped more than 24% year to date.
Organizations: Oracle, Barclays Locations: Wilson, Arlington , Virginia
U.S. legislation on China to be delayed, lawmakers say
  + stars: | 2021-04-27 | by ( David Shepardson | ) www.reuters.com sentiment -1.00   time to read: +2 min
The bipartisan “Endless Frontier” measure was scheduled to be debated by the Senate Commerce Committee on Wednesday, having been formally introduced on April 21. A spokesman for Senator Maria Cantwell, who chairs the Commerce Committee, did not immediately comment Monday night. Many lawmakers want to use the legislation to advance other priorities and attach additional proposals. Senators Gary Peters and John Thune want to use the bill to speed the deployment of thousands of self-driving cars. Republican Representative Mike Gallagher, another sponsor, said U.S. superiority in science and technology “is at risk.
Persons: Yuri Gripas WASHINGTON, Roger Wicker, Todd Young, Chuck Schumer, Young, Maria Cantwell, Gary Peters, John Thune, Mike Gallagher, ” Schumer Organizations: Pentagon, REUTERS, Senate Republicans, Senate, Republicans, Republican, Commerce, Reuters, Senate Democratic, Chinese Communist Party Locations: Arlington , Virginia, U.S, China
Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. Apple announced plans Monday to open a new campus in the Raleigh, North Carolina, area. Apple will spend over $1 billion on the campus, and it will employ 3,000 people working on technology including software engineering and machine learning. Apple's $1 billion campus in Austin, Texas, is expected to open next year. Apple's expansion will be located in North Carolina's Research Triangle area, which gets its name from nearby North Carolina State University, Duke University and the University of North Carolina.
Persons: Tim Cook, Apple's, Jeff Williams, Eddy Cue, Williams, Apple Organizations: Apple, North Carolina State University, Duke University, University of North, Duke, Oracle, Google Locations: San Francisco, Raleigh , North Carolina, Cupertino , California, Austin , Texas, North, University of North Carolina, Duke, Carolina, New York City, Los Angeles, Arlington , Virginia
U.S. Department of Homeland Security emblem is pictured at the National Cybersecurity & Communications Integration Center (NCCIC) located just outside Washington in Arlington, Virginia September 24, 2010. REUTERS/Hyungwon Kang/File PhotoThe U.S. Department of Homeland Security will investigate the potential threat of domestic violent extremism within its own ranks, the department said on Monday. A group of senior DHS officials "will immediately begin a comprehensive review of how to best prevent, detect, and respond to threats related to domestic violent extremism within DHS," the department said in a statement. read moreMayorkas said in a statement on Monday that domestic violent extremism "poses the most lethal and persistent terrorism-related threat to our country today," adding that "hateful acts and violent extremism will not be tolerated" within DHS. Domestic extremism is a major focus of investigations into the Capitol attack, and members of right-wing extremist groups such as the Proud Boys and Oath Keepers are among those now facing federal charges in connection with the violence.
Persons: Hyungwon Kang, Alejandro Mayorkas, Donald Trump, Joe Biden Organizations: Department of Homeland, Cybersecurity, Communications Integration, REUTERS, U.S . Department of Homeland Security, DHS, U.S, Capitol, Thomson Locations: Washington, Arlington , Virginia, U.S
Sexual assault prosecutions should be taken out U.S. military chain of command- panel
  + stars: | 2021-04-23 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
REUTERS/Carlos BarriaA commission on sexual assault set up by the Pentagon has recommended that the United States military take the decision to prosecute cases of sexual assault out of the military's chain of command, a U.S. official said on Thursday. If the initial recommendations made by the independent commission are accepted by Defense Secretary Lloyd Austin, it would be a major change in the military. Advocates and lawmakers have for years been calling for the military commanders to be taken out of the decision making process when it comes to prosecuting sexual assault cases, arguing that they are inclined to overlook the issue. In March, the head of the commission, Lynn Rosenthal, said that all options were on the table when dealing with sexual assault in the military. Sexual assault and harassment in the U.S. military is largely under-reported and came under renewed scrutiny recently.
Persons: Carlos Barria, Lloyd Austin, Austin, John Kirby, Lynn Rosenthal Organizations: Pentagon, REUTERS, United, U.S, Defense, Fort Hood Army, Thomson Locations: Arlington , Virginia, U.S, United States, Texas
Liu Jie/Xinhua via GettyMore than 300,000 Americans lost unemployment benefits prematurely during the Covid pandemic, according to a study published Tuesday by the California Policy Lab. State unemployment systems have an automatic mechanism that pays additional aid to the long-term unemployed during periods of mass joblessness. These Extended Benefits programs can pay up to 20 extra weeks of aid, on top of the typical six months of regular state benefits. As a result, many states' insured unemployment rates have fallen below the 5% threshold, ending Extended Benefits in those areas. However, terminating extended aid in this manner is counterintuitive during high periods of long-term unemployment, the report authors claimed.
Persons: Liu Jie, Alex Bell, Thomas Hedin, Geoffrey Schnorr, Till von Wachter, Here's Organizations: Getty, Finance, Workers, U.S . Department of Labor, Bureau of Labor Statistics Locations: Arlington , Virginia, Xinhua, California, South Dakota, Alabama, Maryland, Minnesota , Ohio, South Carolina, Virginia
"China has always resolutely opposed the U.S. side engaging in bloc politics along ideological lines, and ganging up to form anti-China cliques," the Chinese foreign ministry said in a statement to Reuters. Wang hosted foreign ministers from Indonesia, Malaysia, the Philippines, Singapore and South Korea in China's southeastern Fujian province in recent weeks. BUILDING BLOCSBiden has continued to pressure Beijing on many of the same issues the Trump administration did, but with a more alliance-focused strategy. Germany, Britain, the Netherlands, Canada and France all recently joined the United States in sending warships through the disputed South China Sea, or announced plans to do so. Beijing responded to the EU’s sanctions of Chinese officials over Xinjiang with disproportionately harsh counter-sanctions, analysts said, potentially torpedoing a long-awaited investment agreement.
Persons: Yuri Gripas China, Biden, Li Mingjiang, Wang Yi, Sergei Lavrov, Wang, Shi Yinhong, , Xi Jinping, Kim Jong Un, Li, Rodrigo Duterte, Trump, Yoshihide Suga, China’s assertiveness, Washington’s, , Justin Trudeau, Janka Oertel, Xi, Angela Merkel, Joerg Wuttke, John Kerry, Wang Wen Organizations: Pentagon, REUTERS, Reuters, Rajaratnam, of International Studies, West, Renmin, North, Japanese, European Union, Canada’s, Asia, European Council, Foreign Relations, European Chamber of Commerce, Chongyang Institute, Renmin University of China, Thomson Locations: Arlington , Virginia, U.S, Russia, Iran, United States, Beijing, China, Anchorage, North Korea, Singapore, Alaska, Moscow, Indonesia, Malaysia, Philippines, South Korea, China's, Fujian, South, Japan, Diaoyu, China’s Hong Kong, Xinjiang, Britain, Canada, Germany, Netherlands, France, United, Washington
U.S. Vice President Mike Pence announces the Trump Administration's plan to create the U.S. Space Force by 2020 during a speech at the Pentagon August 9, 2018 in Arlington, Virginia. Former Vice President Mike Pence underwent surgery to have a pacemaker implanted after experiencing "symptoms associated with a slow heart rate," his office said Thursday, NBC News reported. The "routine surgery" was successfully performed Wednesday, according to the statement from Pence's office, which said the 61-year-old former vice president is "expected to fully recover and return to normal activity in the coming days." The statement noted that Pence's medical history included a diagnosis of asymptomatic left bundle branch block. "I also appreciate the consultation of my longtime Indiana physicians, Dr. Michael Busk and Dr. Charles Taliercio at Ascension St. Vincent.
Persons: Mike Pence, Brett Atwater, Behnam, Pence, Michael Busk, Charles Taliercio, Vincent Organizations: . Space Force, Pentagon, NBC News, Fairfax Medical, Inova, Vascular Institute Locations: Arlington , Virginia, Fairfax, Falls Church , Virginia, Indiana, Ascension
Prosecutors say alleged Oath Keepers stored weapons in a "quick reaction force" outside of DC ahead of January 6. In a new filing, they say members of the paramilitary group likely stashed weapons in a suburban hotel. Twelve alleged Oath Keepers are defendants in a high-profile conspiracy case tied to the attack. Members of the Oath Keepers, a far-right paramilitary group involved in the January 6 Capitol insurrection, likely stored a cache of weapons in a suburban hotel outside of Washington, DC, in the lead-up to the riot, federal prosecutors say. Meggs and other known Oath Keepers rented multiple rooms at the Hilton Garden Inn in Washington, DC, where prosecutors say Harrelson spent the nights of January 5 and 6.
Persons: Amit Mehta, , Kenneth Harrelson, Harrelson, Kelly Meggs, Judge Mehta, antifa Organizations: Politico, DC, Cell, Prosecutors, Arlington Comfort, Comfort, US Justice Department, CNN, Capitol Locations: Washington, DC, Arlington , Virginia, Washington , DC
Former Pentagon chief says U.S. should deploy troops along Black Sea
  + stars: | 2021-04-13 | by ( Mike Stone | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: Former U.S. Defense Secretary Mark Esper gives remarks during the 19th annual September 11 observance ceremony at the Pentagon in Arlington, Virginia, U.S., September 11, 2020. REUTERS/Erin ScottWASHINGTON (Reuters) - Former Secretary of Defense Mark Esper says the United States should deploy more troops along the Black Sea in Bulgaria and Romania to deter potential aggression from Russia as tensions between Moscow and Washington heat up. Russia seized Crimea from Ukraine in 2014 and fighting has increased in recent weeks in eastern Ukraine, where government forces have battled Russian-backed separatists in a seven-year conflict that Kyiv says has killed 14,000 people. When he was running the Pentagon last year, Esper advocated a similar shift as former President Donald Trump announced his intention to cut the U.S. troop contingent in Germany by about a third, saying Berlin had been taking advantage of the United States while not meeting financial obligations to NATO. The United States announced on Tuesday that it will ramp up its forces in Germany amid the latest tensions with Russia over Ukraine, abandoning Trump’s plan to withdraw around 12,000 of the 36,000 U.S. troops there.
Persons: Mark Esper, Erin Scott WASHINGTON, Defense Mark Esper, , ” Esper, Joe Biden, Vladimir Putin, Esper, Donald Trump Organizations: U.S . Defense, Pentagon, REUTERS, Defense, McCain Institute for International Leadership, Arizona State University, NATO, Reuters, United States Locations: Arlington , Virginia, U.S, United States, Bulgaria, Romania, Russia, Moscow, Washington, Poland, , Russian, Crimea, Ukraine, Germany, Berlin
Stocks making the biggest moves midday: Johnson & Johnson, Delta Air Lines and more
  + stars: | 2021-04-13 | by ( Jesse Pound | ) www.cnbc.com sentiment -1.00   time to read: +2 min
A traveler wearing a face mask is seen at Ronald Reagan Washington National Airport in Arlington, Virginia, the United States, Feb. 2, 2021. Here are the stocks making notable moves on Tuesday. Johnson & Johnson — Shares of the drugmaker fell about 2.4% after the Food and Drug Administration said it is asking states to pause administering J&J's Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. Delta Air Lines, Carnival Corp — Travel stocks fell slightly on Tuesday following the recommended pause of the Johnson & Johnson vaccine. Shares of Delta and United Air Lines shed about 2.4% and 1%, respectively, while cruise stock Carnival slipped about 0.7%.
Persons: Ronald Reagan, Johnson, J's, Tesla, Goldman Sachs, — CNBC's Tom Franck, Maggie Fitzgerald, Michael Bloom Organizations: Ronald Reagan Washington National Airport, Johnson, Food and Drug Administration, Nasdaq, Delta Air Lines, Carnival Corp —, Delta, United Air Lines, Bank of America, Symantec, Boeing Locations: Ronald Reagan Washington, Arlington , Virginia, United States, U.S
24% of unemployed workers have been jobless for over a year
  + stars: | 2021-04-06 | by ( Greg Iacurci | ) www.cnbc.com + 0.00   time to read: +3 min
Liu Jie/Xinhua via Getty ImagesIn all, those long-term unemployed represented 24% of the 9.9 million total jobless workers last month, according to the bureau. Economists consider workers to be long-term unemployed after at least six months without work. Finding a new job becomes more difficult, workers' long-term earnings potential is scarred and the odds of losing a job if they find one down the road increase. You have unemployment coming down, and long-term unemployment going up. In recessions, unemployment and long-term unemployment generally move up and down together, Shierholz said.
Persons: Liu Jie, Heidi Shierholz, Shierholz, It's, Joe Biden, That's Organizations: Getty, Economic Policy Institute, Department of Labor, Labor, Economic, of Labor Statistics, U.S Locations: Rosslyn, Arlington , Virginia, Xinhua, joblessness,
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