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Lots of companies are saying they have ‘operating leverage’ — that’s just code for firing people

[CNBC, GETTY IMAGES] KEY POINTS One reason the stock market is holding up well is because investors believe many corporations are going to fire a lot of people and replace them with technology that will make the companies more efficient and improve profits. There’s a fancy accounting term for this. […]

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Next stimulus bill: HEALS Act would offer more than just another check

[CNET] A new $1,200 stimulus check could be just one of the benefits you might receive from the HEALS Act. Here are the other incentives proposed to offset the worst financial effects of the coronavirus pandemic. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. […]

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Louie Gohmert, who refused to wear a mask, tests positive for coronavirus

[Politico, Getty Images] The Texas Republican received the diagnosis during a pre-screening procedure at the White House on Wednesday morning. Rep. Louie Gohmert — a Texas Republican who has been walking around the Capitol without a mask — has tested positive for the coronavirus, according to multiple sources. Gohmert was […]

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Target, Walmart Hand Sanitizers Latest To Join FDA List Of Potentially Toxic Products

[CBS NEWS] NEW YORK – A new warning about potentially dangerous hand sanitizers. The U.S. Food and Drug Administration has expanded its list of potentially deadly hand sanitizer products. With the recent demand, several new companies have been selling the product, but the FDA says they contain unsafe alcohols. Target and Walmart issued recalls Tuesday for two potentially […]

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Kansas City Chiefs QB Patrick Mahomes now part owner of Royals

[ESPN, GETTY IMAGES] Patrick Mahomes, the star quarterback of the Kansas City Chiefs and reigning Super Bowl MVP, has become a member of the new ownership group of the Kansas City Royals. The Royals announced Mahomes’ partial ownership Tuesday, noting that he “spent a lot of time in clubhouses as a kid.” “He […]

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