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Martino expects legalization will be the growth engine driving the industry, he believes 40 states will be legalized over the next decade. Sports betting landscapeThe US sports betting industry has exploded since Martino first invested in FanDuel. Legalization will be the growth engine driving the industry, Martino said. There are currently 20 operational sports betting states - 19 allow land-based sports betting, 14 allow online sports betting and 6 allow online casinos, according to the Bank of America research report. iGaming is the wider industry focused on gambling online through activities like online poker, sports betting and online casinos.
Persons: Paul Martino, Martino, FanDuel, else's, Matt Ocko, Morgan Stanley, William Hill, It's, Bank of America Martino, Martino's Organizations: San, Capital, Capital Bullpen, Data, Sports, of America, MGM Resorts, MGM, Bank of America, Pennsylvania, Companies, GameAccount Network, Grand View Research Locations: San Francisco, FanDuel, Edinburgh, Scotland, PENN, Canada, Pennsylvania, Illinois, California, New York, Philadelphia, Denver, Chicago, Detroit
Breakingviews - Trump could box Biden into a corner on China
  + stars: | 2020-11-25 | by ( Gina Chon | ) www.reuters.com + 0.00   time to read: +3 min
U.S. President Donald Trump arrives to speak to reporters in the Brady Press Briefing Room at the White House in Washington, U.S., November 24, 2020. SAN FRANCISCO (Reuters Breakingviews) - Donald Trump has only two more months to lash out at China as U.S. president. Trump vowed to be tough on the People’s Republic, and there’s no reason to think he won’t continue until the end. Politically, though, whatever Trump does might box him into a corner. As different as Biden is from his predecessor, it may be Trump who sets the tone for the next administration’s relationship with an important trade partner.
Persons: Donald Trump, Joe Biden, Trump, Carrie Lam, Jay Clayton, Biden, pushback Organizations: White, SAN FRANCISCO, Reuters, China Mobile, U.S . Treasury Department, Hong Kong, U.S, Securities, Exchange Commission, Companies, Trump, National Bureau of Economic Research Locations: Brady, Washington , U.S, China, U.S, People’s Republic
California regulator flags concerns over PG&E's wildfire safety measures
  + stars: | 2020-11-25 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: Firefighters battle a fire following an explosion at Geary Boulevard and Parker Avenue as PG&E officials dig up the ground to reach the pipe in San Francisco, California, U.S, February 6, 2019. The regulator, in a letter bit.ly/37007E8 to PG&E dated Tuesday, said it will require remediation on specific issues identified in the San Francisco-based utility's wildfire mitigation plan progress reports. PG&E emerged from bankruptcy in July, marking an end to a long-drawn restructuring process which began after its equipment sparked some of the deadliest wildfires in California. CPUC said its concerns arose from what appeared to be a pattern of vegetation and asset management deficiencies. The regulator said its staff had “identified a volume and rate of defects in PG&E’s vegetation management that is notably higher than those observed for the other utilities.”CPUC said a fact-finding initiative is underway to determine if the regulator needed to place PG&E into the “enhanced oversight and enforcement process.”
Persons: Santiago Mejia, CPUC, ” CPUC Organizations: San Francisco, California Public Utilities Commission Locations: San Francisco , California, U.S, San Francisco, California
Alaska Airlines is acquiring 13 additional Boeing 737 Max 9 aircraft in a deal that will also see the sale of 10 Airbus A320 jets. The FAA ungrounded the Boeing 737 Max on November 18 following a 20-month evaluation that still has flyers saying they won't fly on it. Alaska will grow its 737 Max 9 fleet to 45 aircraft with the new order from Air Lease Corporation. Alaska Airlines announced a leasing deal for more Boeing 737 Max aircraft on Monday just days following the end of a 20-month grounding by the Federal Aviation Administration after two fatal crashes. If there's one thing that Boeing, the 737 Max, and Alaska Airlines all have in common, it's a home in Washington.
Persons: Brad Tilden, Max Organizations: Alaska Airlines, Boeing, Max, Airbus, FAA, Air Lease Corporation, Visit, Federal Aviation Administration, Alaska Air Group, Airbus A321neos, American Airlines, Southwest Airlines, United Airlines, UBS, Air Canada, Canadian, Evergreen State, Virgin America, Virgin America Airbus, Aviation, Securities and Exchange Commission, Tacoma International Locations: Alaska, East Coast, Hawaii, Europe, Los Angeles, Portland , Oregon, The Seattle, San Francisco, West, Washington, Renton , Washington, Seattle
She recently interviewed Square cofounder Jim McKelvey for the INBOUND2020 conference, where he discussed what it was like building a startup during a recession, competing against Amazon, and fighting imposter syndrome. In 2009, glassblowing artist Jim McKelvey lost a sale in his St. Louis-based studio because he couldn't accept American Express cards. The duo launched Square, a startup that would enable small merchants to accept credit card payments on their smartphones. We started Square back in 2008 and 2009, in the depth of the last recession. So a business person would copy another successful business, and that's how business is done and money is made.
Persons: Jim McKelvey, McKelvey, couldn't, Jack Dorsey, Dorsey, Mr, We're, Joe Lonsdale, There's, Wright, Orville, Wilbur Wright, That's, it's, we're, that's, Herb Kelleher, Read, Jack, you'll, Jim Organizations: Amazon, American Express, San, FAA, MasterCard, Ikea, Bank of America, Southwest Airlines Locations: St, Louis, New York, San Francisco
Dow 30,000: How the market rally defied a pandemic
  + stars: | 2020-11-25 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com + 0.00   time to read: +7 min
A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) Markets have reached a new milestone in the middle of a bruising pandemic, another sign that investors have been more than willing to look past short-term pain toward better days ahead. "Although 30,000 isn't much different than 29,999, there is something special about those big milestone numbers," said Ryan Detrick, chief market strategist for LPL Financial. And the company will be added to the benchmark S&P 500 in December, a sign of its acceptance by the Wall Street mainstream after years of skepticism. The paper calls for effectively breaking up the Big Three by revamping Dodd-Frank, the 2010 Wall Street reform law.
Persons: Ryan Detrick, Michael Strobaek, Joe Biden, Janet Yellen, , Tesla, Clare Duffy, Elon Musk, Jeff Bezos, Bill Gates, It's, Goldman Sachs, Matt Egan, Biden, Graham Steele, Dodd, Frank, Steele, Federal Reserve Bank of San Francisco who's Organizations: CNN Business, Bell, CNN, Dow, LPL, Credit Suisse, Federal, Public, Toyota, Volkswagen, General Motors, Ford, Fiat Chrysler, PSA Group, Bloomberg, Amazon, Microsoft, Wall, BlackRock, Corporate America, Street, Vanguard, American Economic Liberties, Apple, JPMorgan Chase, Pfizer, State, Economic Liberties, Federal Reserve Bank of San, Corporations, Society Initiative, Stanford Graduate School of Business Locations: London, United States, BlackRock BLK, Federal Reserve Bank of San Francisco
The gadgets and tech that got us through 2020
  + stars: | 2020-11-25 | by ( Cnn Business Staff | ) edition.cnn.com + 0.00   time to read: +6 min
Here's what impressed our editors, reporters and producers the most -- and in many ways, helped us survive the rollercoaster that has been 2020. -- Samantha Kelly, Senior Tech Writer 2020 made me rethink everything in my home, from the air quality to hand sanitizers, shampoos and even baby wipes. -- Samantha Kelly, Senior Tech Writer1PasswordIt's stunning to me how so many people try to remember dozens and dozens of passwords. -- Frank Pallotta, Media ReporterDiscordI've used the free Discord app popular among gamers and in esports since its testing release in 2015, but this year I did more. -- Matt Quinn, Senior Tech Editor
Persons: Bose, eero, Mike Tarson, Mario Aguilar, you've, I've, Sara O'Brien, andapparently, They'll, Dave Goldman, AirDoctor, Samantha Kelly, 1Password, Oliver Darcy, it's, Frank Pallotta, Shannon Liao, Rishi Iyengar, Honda, Matt Quinn Organizations: CNN, CNN Business, eero, Garmin, GPS, Google, Senior, Senior Media, UE, UE Boom, Tech, San Francisco Bay Area, Honda Locations: esports, San Francisco Bay
Buying a home: Why it's harder for younger generations than their parents
  + stars: | 2020-11-25 | by ( Aj Horch | ) www.cnbc.com + 0.00   time to read: +5 min
Because these cities are less affordable, their homeownership rate would have been negatively affected by this migration pattern." According to the Urban Institute, being married increased the probability of owning a home by 18 percentage points. Furthermore, between 1990 and 2015, the share of White households dropped 16 percentage points, from 76 to 60 percent. During that period, Hispanics' share increased 9 percentage points, Asian Americans' share increased 3 percentage points, and Blacks' share increased 2 percentage points. Today, the homeownership rate among black millennials is 26.2 percent lower than that of white millennials.
Persons: X, Xers, millennials, It's, Joe Biden, Kamala Harris, Black homebuyers Organizations: Pew Research Center, Urban Institute, Pew Research, Blacks Locations: New York, San Francisco, Covid, Invest
The race to make a better face mask is on. Zoom In Icon Arrows pointing outwards Courtesy XPRIZEMerlin! A steel wire holds the face mask away from the wearer's face. The face mask made by the Polair team out of Johns Hopkins University. Zoom In Icon Arrows pointing outwards Courtesy XPRIZETeam IdMASK from the United StatesMask company IdMASK was founded in 2014 by Henry B.
Persons: Peter H, Diamandis, , Jared Goering, Spencer Steinert —, John Patterson, Katie Pascavis, Tarun Suresh, Merlin, Brandon Zunin, Ojo, Samuel Akinola, PROTechThor, Cleopatra, IdMASK, Henry B, Sung, Younger, Lina Sung, Julie Seven Sage, Daniel — Organizations: XPRIZE, Melbourne, Arizona State University, Hawaii Hawaii's, Force, Johns Hopkins University Team Polair, Johns Hopkins University, IdMASK, United States Mask Locations: United States, California, Melbourne, Wichita , Kansas, Nigeria, Ojo, Cameroon, Africa, San Francisco San Francisco, beechwood, New, Nashua
"This kind of had the most good things for the best price," Lee says. Lee knew she wanted a one-bedroom apartment on the second floor of a building, a preference she admits is "weirdly specific." The couple used a broker from the real estate firm Loftey to find their 700-square-foot, one-bedroom apartment for $4,000 a month in Manhattan's Gramercy Park neighborhood. To put their rent in perspective, the median rent for a one-bedroom rental apartment in Manhattan is $2,800, according to Oct. 2020 data from StreetEasy. The median asking rent for a one-bedroom apartment in the Gramercy Park neighborhood is $3,290 a month, according to StreetEasy.
Persons: Nikki Lee, Lee, Dyllan, Beatriz Bajuelos, Loftey, Lees, rent's, you'd Organizations: San Francisco Bay Area, CNBC Locations: San Francisco Bay, New York City, New York, Gramercy, Bay, Manhattan
But REI employees like Smith say Opt Outside shows only one side of the retailer. At REI, part-time employees have to work at least 24 hours during a holiday week to qualify for six hours of holiday pay. Full-time employees have to work at least 32 hours during a holiday week to qualify for eight hours of holiday pay. A current REI sales lead in the Bay Area who asked to remain anonymous said she had witnessed the practice. "Usually people have their holiday hours — I don't want to say cut, but very carefully adjusted," she said.
Persons: REI, stealthily, Brian Smith, REI's, Smith, " Smith, Carlos Babcock, I've, , she'd, we've, it's, Daniel Schneider, Kristen Harknett, Schneider, Brian Brown, he's, Brown, Seattle REI Organizations: Business, Walmart, Target, Target ., Black, Bay Area, Labor, Amazon, Bay, Urban Outfitters Locations: Portland , Oregon, Saratoga , California, Bay, San Francisco, America, REI, Pittsburgh, California, Seattle
Gap misses profit estimates on higher costs from online shift
  + stars: | 2020-11-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
(Reuters) - Gap Inc fell short of Wall Street estimates for quarterly profit on Tuesday as a pivot to online sales fueled a surge in marketing and shipping costs, sending the apparel retailer’s shares down about 11% in extended trading. FILE PHOTO: A woman shops at a Gap store as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. Gap, which has launched digital campaigns such as “Stand United” and “Be the Future”, will continue to make marketing investments, Chief Executive Officer Sonia Syngal said. Store sales declined 20% in the third quarter, and Gap reiterated its intention to close several hundred Gap and Banana Republic stores globally, while opening profitable Old Navy and Athleta stores. Analysts had expected the company to earn 32 cents per share.
Persons: King, King of Prussia, Mark Makela, , Sonia Syngal, ” Syngal Organizations: Reuters, REUTERS, Navy, Republic, Analysts Locations: Prussia, King, King of Prussia , Pennsylvania, U.S, San Francisco
Tesla CEO Elon Musk beat out Microsoft co-founder Bill Gates to become the second-richest person in the world on Tuesday. Musk's massive personal fortune comes mostly from owning 20 percent of Tesla and 54 percent of his space transportation company SpaceX. “I have a bunch of houses, but I don’t spend a lot of time in most of them," Musk told Rogan. Tesla hit a $500 billion market capitalization for the first time on Tuesday, and Musk's net worth has jumped nearly $20 billion in just the last week. Elon Musk currently makes nearly 2 million times as much as the average American household, while Jeff Bezos currently makes 2.6 million times as much, according to Bloomberg.
Persons: Elon Musk, Bill Gates, Trump, Joe Biden, , ” Musk, Joe Rogan, Forbes, , Musk, Rogan, ” Gates, Gates, Melinda, Jeff Bezos, Tesla, MacKenzie Scott Organizations: Microsoft, Bloomberg, SpaceX, Philanthropy, Amazon, Pew Research Center Locations: Gates, California, coronavirus, America, U.S, San Francisco
Apple's head of security was indicted on charges accusing him of offering 200 iPads, worth an estimated $70,000, to local law-enforcement officials in exchange for concealed-carry weapons permits for Apple security guards. The second-in-command at Santa Clara County Sheriff's Office was also named in the indictment. Apple's chief security officer on Monday was indicted on bribery charges after he was accused of offering an estimated $70,000 worth of iPads to a sheriff's office in exchange for concealed-carry weapons permits. Thomas Moyer, the executive, was indicted, along with Rick Sung, the second-in-command at the Santa Clara County Sheriff's Office, and Sheriff's Capt. Apple is headquartered in Cupertino, California, which is policed by the sheriff's office in question.
Persons: Thomas Moyer, Rick Sung, Capt, James Jensen, Jensen, Laurie Smith, Smith, Jeff Rosen, Rosen, Moyer Organizations: Apple, Sheriff's, Office, The Mercury News, CBS San, Mercury, Mercury News, Santa Locations: Santa Clara, Cupertino , California, CBS San Francisco, Santa Clara County
It raises knotty questions about just how independent the central bank is, and should be, from the rest of the government at a time of crisis. Ms. Yellen will approach these questions steeped in the institutional values of the Fed, where she started her career as a young researcher. She has served as president of the San Francisco outpost of the central bank, as its vice-chair, and four years as its leader. She entrusted him with much of the hard, unglamorous work of overseeing the central bank’s operations. A Treasury secretary with less attachment to the Fed might take a more flexible view of the roles of the two organizations.
Persons: , Yellen, Jerome Powell, Powell Organizations: Treasury, Trump Treasury, Wall Street Locations: San Francisco
ET Live Updates: Biden’s Transition to the Presidency Formally Begins After weeks of delay, a key federal official designated Joe Biden the apparent winner, allowing his team to access government resources and information. Today, Mr. Biden will announce his picks for cabinet offices including the secretary of state and director of national intelligence. That means Ms. Yellen, 74, will need to bring a mix of political, diplomatic and financial savvy to the job. In replacing Ms. Yellen, Mr. Trump broke with precedent. Born in Brooklyn in 1946, Ms. Yellen was raised in Bay Ridge, a middle-class neighborhood across the waterfront from Staten Island.
Persons: Joe Biden, Biden, Joseph R, Kamala Harrris, Anna Moneymaker, Trump’s, , Trump, Stephen M, Hahn, — Sheila Kaplan, Janet Yellen, She’d, Janet L, Lexey, Yellen, , Clinton, renominating, Jerome H, Powell Organizations: Trump, ., The New York Times, Department of Health, Human Services, Centers for Disease Control, Food and Drug Administration, General Services Administration, Treasury Department . Credit, Federal Reserve, Treasury Department, Hill, Wall, Treasury, Wall Street, University of California, White House Council, Economic Advisers, Federal Reserve Bank of San, Fed Locations: Georgia, United States, Berkeley, Federal Reserve Bank of San Francisco, Brooklyn, Bay Ridge, Staten Island
People are turning to rental cars in droves, which is driving up demand and diminishing availability. A recent New York Times story reported that New Yorkers have been flocking to rental cars in droves. The company bills itself as a short-term car rental service. Available cars include the Toyota Prius, Toyota RAV4, Toyota Tacoma, Toyota Camry, Toyota Sienna, Lexus NX, Lexus RX, and Lexus UX 200. You just sign up to create an account, find available cars in your area, and book them.
Persons: CarShare, You'll, There's, Turo, Ko, Toyota Sienna, Hagerty, Lyft, Zipcar Organizations: Hertz, Avis, Enterprise, New York Times, Porsche, Toyota Prius, Toyota RAV4, Toyota Tacoma, Toyota Camry, Toyota, Lexus, Gas, D.C, Avis Budget Group Locations: Denver, Boulder , Colorado, Boulder, Los Angeles, San Francisco, San Diego, New York, Hawaii, Waikiki, Honolulu, Kakaako, Sacramento, Seattle, Atlanta, Boston, Chicago, Miami , New Jersey, Philadelphia, Portland, Washington, United States, Arizona , California , Colorado , Florida, Georgia , Illinois, Maryland , New Jersey , New York, Pennsylvania, New York City
This trip costs in the mid-to-high four-figure range, plus the $1,400 per night fees for stays at Exclusive Resorts locations. But they're willing to accept small group experiences with each other, with people they see as, quite literally, inside their club, both demographically and psychographically. He spoke of putting together small group experiences that are available only to Exclusive Resorts members. This could afford new levels of private experiences that may expand the leisure divide between the haves and the have nots. "But if you've got 10 Exclusive Resorts members, that can start to make sense financially and provide for this underlying need to connect."
Persons: James Henderson, Sam Highley, We've, Henderson, Milton Pedraza, Highley, we're, you've Organizations: Michelin, Getty Museum, Resorts, Exclusive Resorts, Luxury Institute Locations: California, Los Angeles, San Francisco
NFL: Colin Kaepernick says he's being 'denied employment
  + stars: | 2020-11-24 | by ( Calum Trenaman | For Cnn | ) edition.cnn.com + 0.00   time to read: +4 min
(CNN) It was a Monday that threw into sharp focus the issues of diversity and inclusion that face the NFL. However, on the same day the NFL celebrated such a momentous occasion, Colin Kaepernick tweeted out a video of himself training with former San Francisco 49ers teammate Eric Reid , along with the caption: "1,363 days of being denied employment. It is just over a year ago that Kaepernick held his public workout , where teams were able to observe him training. Colin Kaepernick's public workout for NFL teams took place in November 2019. It will be two years in February that Kaepernick and workout partner and free-agent safety Reid settled their collusion grievance cases against the NFL.
Persons: Colin Kaepernick, Eric Reid, Jerome Boger, Barry Anderson, Anthony Jeffries, Carl Johnson, Julian Mapp, Dale Shaw, Greg Steed, Troy Vincent, Jason Wright, Rooney, Reid, PeteyxKraze, Roger Goodell, Kaepernick, Colin Kaepernick's, Richard Sherman, Anthony Lynn Organizations: CNN, Los Angeles Rams, Tampa Bay Buccaneers, NFL, San Francisco 49ers, Football Operations, Rams, ESPN, Washington Football, Carolina Panthers, LA Chargers
Zuckerman said that Akin Akman, a former SoulCycle instructor, who has 67,000 Instagram followers, publicly shamed her one day at the studio for eating pizza. The former New York instructor said they remembered taking one of Griffith's classes at the 72nd Street location. "One man-bunned teacher walked up to my bike, jacked the resistance, and said on the mike to his entire sold-out class, 'You're just mailing it in here. The former New York instructor said she recalled sitting in staffwide meetings in which the star talent, including Griffith and Cole, insulted some of their most devoted riders. The former New York instructor said she laughed when she thought about the envy and awe surrounding her former position at SoulCycle.
Persons: Shanice Adams, Ashley Mitchell, , Adams, didn't, SoulCycle's, Ariel Dobshinsky, punctual, Dobshinsky, SoulCycle, it's, Mitchell, couldn't, Ashley, Ashley Mitchell Mitchell, Castro, Jordan Brown, Brown, Black, Conor Kelly, Lauren, Kelly, it's Conor, Rob Berry, BFA.com, Conor, doesn't, Lauren Zuckerman's, Laurie Cole, Zuckerman, Unbeknown, Laurie, Akin, Uresti, Stacey Griffith, Denise Truscello, WireImage Zuckerman, Stacey Griffith —, Kelly Ripa, Brooke Shields, Griffith, Cole, It's, Stacey, Jill Kargman, Kargman, Melanie Whelan, Whelan Organizations: Business, SoulCycle, New, New York's, Tribeca, Foods, Chelsea Locations: Manhattan's West, Boston, Francisco's, Manhattan's West Village, Queens, SoulCycle, WVLG, Dedham , Massachusetts, Back Bay, New York, Long, San Francisco, Chicago, Greenwich , Connecticut, New York City, Las Vegas
New York (CNN Business) BlackRock, Vanguard and State Street manage a stunning $15 trillion in combined assets, equivalent to more than three-quarters the size of the US economy. And if there are antitrust efforts in the Biden era, it's likely to focus on Big Tech, not Big BlackRock. Not surprisingly, BlackRock, State Street and Vanguard took issue with the paper. "We fundamentally disagree with the conclusions in this paper and its recommendations, which we believe would do harm to investors," State Street said in a statement. After months of lobbying during the Obama era, BlackRock and other asset managers avoided the dreaded systemically important designation in 2014.
Persons: andhave, Biden, Graham Steele, Dodd, Frank, Steele, Obama, BlackRock, they've, FSOC, Obama administration's FSOC, Isaac Boltansky Organizations: CNN Business, Vanguard, State, Corporate America, Street, American Economic Liberties, Economic Liberties, San Francisco Federal Reserve Bank, Corporations, Society Initiative, Stanford Graduate School of Business, Big Tech, BlackRock, Federal Reserve, Swiss National Bank . BlackRock, Fed, Point Research, Biden Treasury Department Locations: York, BlackRock, Washington, America
Mr. Biden said the selection of Mr. Kerry would signal to world leaders that the issue was a priority. “He will have a seat at every table around the world,” Mr. Biden said. finally issued the ascertainment on Monday, clearing the way for Mr. Biden to start officially announcing his nominations. It is not clear when Mr. Biden will receive his first classified national security briefing as president-elect. In replacing Ms. Yellen, Mr. Trump broke with precedent.
Persons: Biden, Joe Biden, Joseph R, Anna Moneymaker, ” Mr, Biden’s, Michèle Flournoy, Barack Obama, , Mr, Avril Haines, Alejandro Mayorkas, Jake Sullivan, John Kerry, Kerry, Kamala Harris, Trump, , ” Linda Thomas, Greenfield, Mayorkas, Haines, “ I’m, — Annie Karni, Trump’s, Emily W, Murphy, Harris, Sue Gough, Mark Meadows, , “ E.O.P, buildbackbetter.com, Ruth Fremson, Tom Wolf, President Trump, It’s, Donald Trump, Rudy Giuliani, Jenna Ellis, resoundingly, ” Bob Bauer, “ Trump, ’ ”, Wolf, Giuliani, Bob Casey, Casey sighed, Bob Casey Jr, Luke Sharrett, Stephen M, Hahn, — Sheila Kaplan, Janet Yellen, She’d, Janet L, Lexey, Yellin, Yellen, Clinton, renominating, Jerome H, Powell Organizations: North Carolina, , The New York Times, , Department of Homeland Security, National Security, U.S, United Nations, Trump, General Services Administration, Republicans, Pentagon, Biden, Defense Department, White, Force, White House, Centers for Disease Control, National Institutes of Health, Mr, Philadelphia Convention Center, President, New York Times, Republican, Circuit, Twitter, New, Victory Brewing, Commonwealth of Pennsylvania, Keystone State, Kentucky Air National, ., Department of Health, Human Services, Food and Drug Administration, Treasury Department . Credit, Federal Reserve, Fed, Treasury Department, Treasury, Hill, Wall, University of California, White House Council, Economic Advisers, Federal Reserve Bank of San Locations: Pennsylvania, Nevada, North, Wilmington, Del, The New York Times WILMINGTON, United States, G.S.A, Washington, ptt.gov, North Carolina, Philadelphia, Michigan, Georgia, New York, PENNSYLVANIA, Keystone, Covid, Louisville, Berkeley, Federal Reserve Bank of San Francisco, Brooklyn, Bay Ridge, Staten Island
ET Presidential Transition Live Updates: President-Elect Biden Announces Cabinet Picks President-elect Joe Biden introduced his nominees for key foreign policy and national security roles as the transition process officially began. Mr. Biden said the selection of Mr. Kerry would signal to world leaders that the issue was a priority. Mr. Biden and Vice President-elect Kamala Harris took no questions from the press. finally issued the ascertainment on Monday, clearing the way for Mr. Biden to start officially announcing his nominations. It is not clear when Mr. Biden will receive his first classified national security briefing as president-elect.
Persons: Biden, Joe Biden, Joseph R, I’ve, I’m, you’ve, Anna Moneymaker, ” Mr, Biden’s, Michèle Flournoy, Barack Obama, , Mr, Avril Haines, Alejandro Mayorkas, Jake Sullivan, John Kerry, Kerry, Kamala Harris, Trump, , ” Linda Thomas, Greenfield, Mayorkas, Haines, ” Antony J, Blinken, , That’s, “ I’m, — Annie Karni, Erin Scott, Trump’s, Emily W, Murphy, Harris, Sue Gough, Mark Meadows, , “ E.O.P, buildbackbetter.com, Tamir Kalifa, Ben Ginsberg, George W, Bush, Ginsberg, Ruth Fremson, Tom Wolf, It’s, Donald Trump, Rudy Giuliani, Jenna Ellis, resoundingly, ” Bob Bauer, “ Trump, ’ ”, Wolf, Giuliani, Bob Casey, Casey sighed, Bob Casey Jr, — Stacey Abrams, Stacey Abrams, “ We’ve, Audra Melton, Abrams, Ms Abrams, Ms, runoffs, Erin Schaff, Paul Manafort, Melania Trump, — Biden, Janet Yellen, She’d, Janet L, Lexey, Yellen, Clinton, renominating, Jerome H, Powell Organizations: America, United States Department of Homeland Security, Credit, The New York Times, , Department of Homeland Security, National Security, U.S, United Nations, Trump, General Services Administration, Republicans, Pentagon, Biden, Defense Department, White, Force, White House, Centers for Disease Control, National Institutes of Health, Mr, Republican, Democrat, Electoral, New York Times, North Carolina, Circuit, Twitter, New, Victory Brewing, Commonwealth of Pennsylvania, Keystone State, Democrats, Georgia, Electoral College, Georgia Democrat, The Times, Georgia Coalition, The New York, Treasury Department . Credit, Federal Reserve, Fed, Treasury Department, Treasury, Hill, Wall, University of California, White House Council, Economic Advisers, Federal Reserve Bank of San Locations: America, United States, The New York Times WILMINGTON, Del, Wilmington, Russia, Hungary, Poland, Bavarian, G.S.A, Washington, ptt.gov, Pennsylvania, Nevada , North Carolina, Minnesota, Philadelphia, Nevada, Michigan, Georgia, New York, PENNSYLVANIA, Keystone, Turkey, Iowa, China, Berkeley, Federal Reserve Bank of San Francisco, Brooklyn, Bay Ridge, Staten Island
Business is booming at Modern Health, a startup that sells mental health services as an employee benefit, despite a messy cofounder-breakup that is currently making its way through litigation. Johnson is suing both Modern Health and its CEO, Alyson Friedensohn, for wrongful termination and breach of contract. Modern Health sells mental health services like virtual therapy and meditation as an employee benefit, a booming business as companies look for ways to help their workers deal with the chaos and confusion of today's world. So far, the episode hasn't much affected Modern Health, a three-year-old startup that is, by its own account, flourishing. Here is Modern Health CEO Alyson Friedensohn's full statement:"It's a shame that a company dedicated to such an important mission has been the target of a meritless lawsuit like this.
Persons: Erica Johnson, Johnson, Alyson Friedensohn, Friedensohn, Mamoon Hamid, Kleiner Perkins, Dick Costolo, Penny Herscher, Harmeet Dhillon, Costolo, Dhillon, John Jersin, Hamid, she's, we've, Alyson Friedensohn's, We've, Erica Organizations: Modern Health, C3 Ventures, C3, Provider Network, San Francisco Superior Court, Modern, SLC
David Paul Morris | Bloomberg | Getty ImagesWith Covid-19 deaths rising rapidly and daily new cases and hospitalizations both reaching all-time highs, epidemiologists and public health officials are warning that Thanksgiving will exacerbate an already severe nationwide outbreak. By all indications, Americans are traveling to see family for the holiday, despite pleas from public health officials not to do so. Dr. Henry Walke, the CDC's Covid-19 incident manager, said the agency is "alarmed" by the "exponential increase in cases and hospitalizations and deaths" caused by Covid-19. Thanksgiving could be an "accelerator event" for the outbreak, he said. If hospitals continue to face staff constraints, the number of preventable Covid-19 deaths will rise, Ranney said.
Persons: David Paul Morris, Henry Walke, Bill Schaffner, we'll, Susie, Uncle Frank, Megan Ranney, Ranney, Lewis Kaplan, Kaplan, hwwwdddde Organizations: San Francisco International Airport, Bloomberg, Getty, Centers for Disease Control, Vanderbilt University, Brown, Digital Health, CDC, Department of Health, Human Services, of Critical Care, University of Pennsylvania, Covid Locations: San Francisco , California, Maine
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