News That Matters

News

Man Accused of Selling Bleach as COVID Cure Extradited to US
News

Man Accused of Selling Bleach as COVID Cure Extradited to US

MIAMI (AP) — A man accused of selling a toxic industrial bleach as a coronavirus cure through his Florida-based church has been returned to the United States after being arrested in Colombia.Mark Grenon, 64, made his initial court appearance Thursday in Miami federal court following his recent extradition, according to court records. Grenon and his three adult sons were indicted last year on one count each of conspiracy to commit fraud and two counts each of criminal contempt.Grenon is the archbishop of the Genesis II Church of Health and Healing, based in Bradenton, Florida. The church manufactured, promoted and sold chlorine dioxide as a “Miracle Mineral Solution,” officials said. The Grenons claim the solution can cure a vast variety of illnesses ranging from cancer to autism to mala...
U.S. Senate Will Vote on Monday on Military Toxic Burn Pits Legislation -Schumer
News

U.S. Senate Will Vote on Monday on Military Toxic Burn Pits Legislation -Schumer

(Reuters) - The U.S. Senate will vote Monday on a bill to expand healthcare to veterans exposed to military toxic burn pits, Senate Democratic Leader Chuck Schumer said on Thursday.The bill was delayed by technical errors and Republican resistance in a previous vote.(Reporting by Rose Horowitch; Editing by Chris Reese)Copyright 2022 Thomson Reuters. Source link
2nd State in Mexico Begins Avocado Exports to U.S. Market
News

2nd State in Mexico Begins Avocado Exports to U.S. Market

By MARK STEVENSON, Associated PressMEXICO CITY (AP) — U.S. consumers will finally get the chance to try avocados from Jalisco after 25 years in which neighboring Michoacan has been the only Mexican state authorized to send the green fruit to the U.S. market.That just may help with prices, which have soared this year to over $2 per fruit amid a dip in production in Michoacan.Growers and packers in Jalisco, just northwest of Michoacan, expressed hope that their state can provide more consistent production levels and stability for prices for avocados, which have fluctuated widely amid seasonal supply shortages.Eleven trucks bearing 200 tons of avocados from Jalisco lined up Thursday in the mountain town of Zapotlan El Grande to set out for the United States.Political Cartoons on World Lead...
Why Illiquid Wealth is Valuable to Financial Advisors | Financial Advisors
News

Why Illiquid Wealth is Valuable to Financial Advisors | Financial Advisors

Small business has long been said to be the backbone of the U.S. economy for its ability to create new jobs and spur job expansion. In fact, small business creates two-thirds of new jobs and employs 46.8% of the private workforce, according to 2021 Small Business Administration data. The COVID-19 pandemic hit small businesses hard, especially minority-owned businesses. However, many have rebounded and continue to grow. Financial advisors often market to a niche of potential clients, and business owners are regularly cited as an optimal market. However, when advisors talk with a prospective client about their current investments, rarely do they discuss one of the largest allocations in the client's portfolio – their ownership interest in the business itself. In doing so, they miss out on...
Biden Touts Senate Spending Deal As Key to ‘Facing Up’ to Inflation, Climate Change | Politics
News

Biden Touts Senate Spending Deal As Key to ‘Facing Up’ to Inflation, Climate Change | Politics

President Joe Biden celebrated a major breakthrough in Senate negotiations during remarks on Thursday, touting the “historic agreement” that he said faces up to some of the nation’s biggest problems – and brings him one step closer to seeing his agenda realized.“I know it can sometimes seem like nothing is done in Washington,” Biden said. “The work of the government can be slow and frustrating – and sometimes even infuriating. Then the hard work of hours and days and months from people who refuse to give up pays off. History is made. Lives are changed.”The president’s address comes after a major development on Wednesday evening, when Sen. Joe Manchin of West Virginia announced he had reached an agreement with Senate Majority Leader Chuck Schumer of New York on a spending package that in...
American Crystal Sugar Workers Reject 17% Raise Over 4 Years
News

American Crystal Sugar Workers Reject 17% Raise Over 4 Years

MOORHEAD, Minn. (AP) — Workers at the largest sugar beet processor in the U.S. have rejected a contract offer that includes a 17% pay increase over four years.Union president John Riskey said the offer from American Crystal Sugar was recently rejected by an overwhelming margin, but he did not provide details on how many members voted or the margin of rejection.The Moorhead-based cooperative said that it negotiated for 10 days with the Bakery, Confectionery, Tobacco Workers and Grain Millers’ International Union.The company said in addition to the pay increase, the contract offered more vacation, increased pension benefits and a $1,000 ratification bonus if the new contract was approved by July 31, when the current contract expires.Riskey said workers felt they deserved a bigger pay incr...
New York Attorney General Sues CVS Health for Violating Antitrust Laws
News

New York Attorney General Sues CVS Health for Violating Antitrust Laws

(Reuters) - The New York Attorney General on Thursday sued CVS Health Corp, saying the pharmacy chain violated antitrust laws and hurt New York safety-net hospitals and healthcare providers.The lawsuit says CVS required safety-net hospitals and clinics to exclusively use a CVS-owned company, Wellpartner, to process and obtain federal subsidies on prescriptions filled at its pharmacies, which forced these providers to incur millions in additional costs.CVS did not immediately respond to a Reuters request for comment.(Reporting by Mrinalika Roy in Bengaluru; Editing by Devika Syamnath)Copyright 2022 Thomson Reuters. Source link
Child Tax Care Credits: Who will receive a payment of up to $630?
News

Child Tax Care Credits: Who will receive a payment of up to $630?

Over 200,000 families in Pennsylvania could receive up to $630 in state child care tax credits, after Governor Tom Wolf revealed the details of the Child and Dependant Care Enhancement Program.As inflation continues on the rise, so does food and gas and other primary expenses for families all over the state. Pennsylvania's child care tax creditThis Pennsylvania plan will help those working families who pay for daycare and are already qualifying for the federal program as well. They'll be able to claim this credit on their 2023 tax filing.To be eligible, a household must earn below the $43,000 threshold, so they can get a $315 payment for one child or a $630 one if they have two or more children.Any family who earns over $43,000 can still receive some money, cause households can claim $1...
JetBlue agrees to buy Spirit for $3.8B after months-long fight
News

JetBlue agrees to buy Spirit for $3.8B after months-long fight

JetBlue Airways has agreed to buy Spirit Airlines for $3.8 billion and create the nation's fifth-largest airline if the deal can win approval from antitrust regulators.The agreement Thursday capped a months-long bidding war and arrives one day after Spirit's attempt to merge with fellow budget carrier Frontier Airlines fell apart.Spirit CEO Ted Christie is being thrust into the awkward position of defending a sale to JetBlue after arguing vehemently against it, saying that antitrust regulators would never let it happen."A lot has been said over the last few months obviously, always with our stakeholders in mind," Christie said on CNBC. "We have been listening to the folks at JetBlue, and they have a lot of good thoughts on their plans for that."JetBlue CEO Robin Hayes has argued all alo...
Vitamin D Supplements Won’t Help Your Bones, Large Study Finds
News

Vitamin D Supplements Won’t Help Your Bones, Large Study Finds

By Dennis Thompson HealthDay Reporter(HealthDay)THURSDAY, July 28, 2022 (HealthDay News) -- Seniors who take vitamin D supplements to improve their bone health and ward off fractures are just wasting their time and money, a major new study has found.These supplements did nothing to reduce their average risk of bone fractures, researchers found in a randomized trial testing vitamin D against a placebo."In generally healthy adults, these results do not support the use of vitamin D supplements to reduce fracture risk," said lead researcher Dr. Meryl LeBoff, chief of the Calcium and Bone Section at Brigham and Women's Hospital in Boston. "We found that supplemental vitamin D did not reduce fractures in U.S. participants."In the study, published July 28 in the New England Journal of Medicine...