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Indian Government Yet To Place Fresh Covid-19 Vaccine Orders As Manufacturer Warns Shortage Will Last Months

May 3, 2021

ToplineIndia’s federal government has not yet placed fresh orders for Covid-19 vaccines, with the country’s two vaccine manufacturers despite several vaccination centers across the country reporting shortages, the Business Standard reported, a development that comes after one of the manufacturers warned the country will continue to face a vaccine s...

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Officials Suspect The Boat That Overturned Off California Coast Was Smuggling Migrants

May 2, 2021

Topline Three people are dead and more than two dozen were transported to local hospitals after a ship suspected of smuggling migrants into the U.S. capsized off the coast of San Diego Sunday morning, according to emergency services. Key Facts The San Diego Fire-Rescue Department responded to a call of an overturned boat with people on...

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Indian Billionaire Urges Government To Impose Lockdowns In India As New Covid Deaths Reach Another High

May 2, 2021

ToplineDespite international aid efforts ramping up, the second wave of Covid-19 infections in India continues to intensify, yielding a new record high for daily deaths on Sunday and prompting an outcry—from businessmen and public officials alike—for government intervention to help ease the rate of infection. Key Facts In a Sunday stat...

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Coronavirus Cases Will Continue To Decline Thanks To Aggressive Vaccinations, Former FDA Head Says

May 2, 2021

Topline Former Food and Drug Administration boss Scott Gottlieb praised the U.S. coronavirus vaccine rollout Sunday, calling it “a monumental achievement” that is partially why the U.S. has not fallen victim to massive coronavirus outbreaks driven by more infectious and dangerous virus mutations, like in India. Key Facts “The situation...

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Warren Buffett’s Deputy Calls Bitcoin ‘Disgusting’ And Bad For Civilization

May 1, 2021

ToplineBerkshire Hathaway Vice Chairman Charlie Munger railed against bitcoin in Berkshire’s annual meeting Saturday, calling the cryptocurrency — which Munger and longtime partner Warren Buffett have excoriated for years — “disgusting and contrary to the interests of civilization.”  Key Facts During a live question-and-answer ses...

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Photos Show The Distressing Severity Of India’s Covid-19 Crisis

May 1, 2021

ToplineIndia, the current epicenter of the coronavirus pandemic, has reported more than 2 million new cases and 18,000 Covid-related deaths this week alone, as a catastrophic second wave continues throughout the country, pushing hospitals and crematoriums past their breaking point.  Key Facts India's Health Ministry on Saturday r...

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Buffett Doesn’t Regret Selling Airline Stocks Last Year — And He Still Doesn’t Want To Invest In Them

May 1, 2021

ToplineBerkshire Hathaway CEO Warren Buffett defended his decision to sell the company’s airline holdings last year even though those stocks have surged off their lows, telling investors at Berkshire’s annual meeting Saturday that the travel industry remains in a precarious position, and he thinks federal officials may not have bailed out the airli...

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Covid Cases Are Declining Nationwide — Except In Washington And Oregon. Here’s What That Means.

May 1, 2021

ToplineWashington and Oregon are grappling with upticks in coronavirus infections, bucking a national trend of declining case counts, a surge some experts and local officials are interpreting as a signal that the risk of Covid-19 is still lingering even as vaccinations soar. Key Facts Case counts in Oregon have more than doubled over t...

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India’s Daily Covid Cases Soar Past 400,000 As Crisis Deepens

May 1, 2021

ToplineIndia reported more than 400,000 new coronavirus cases Saturday, shattering the worldwide single-day record, as a devastating second wave of the pandemic continues to ravage the country, crippling an already weakened healthcare system.  Key Facts After 10 consecutive days of more than 300,000 new, confirmed cases, India's H...

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Billionaire Philanthropist Eli Broad Dead At 87

May 1, 2021

ToplineEli Broad, who amassed a multi-billion-dollar fortune from his home-building and insurance businesses, and used his wealth to fund cultural improvements throughout his adopted hometown of Los Angeles, died Friday at age 87.  Key Facts A spokeswoman for the Eli and Edythe Broad Foundation confirmed his passing to the New Yor...