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Bloomberg

'No Regrets': Pot-Smoking NY Rioter Who Donned Fake Beard, Shield Guilty In Capitol Breach 'No Regrets': Pot-Smoking NY Rioter Who Donned Fake Beard, Shield Guilty In Capitol Breach
'No Regrets': Pot-Smoking NY Rioter Who Donned Fake Beard, Shield Guilty In Capitol Breach A New York man who was photographed smoking marijuana inside a Senate office during the breach of the US Capitol on Jan. 6, 2021 has been convicted of multiple crimes for his actions that day. Jurors found Brandon Fellows, age 29, of Schenectady, guilty of felony obstructing an official proceeding and entering and remaining in a restricted building in federal court in Washington, DC on Thursday, Aug. 31. “His actions and the actions of others disrupted a joint session of the US Congress convened to ascertain and count the electoral votes related to the presidential election,” reads a state…
Historic, 290-Acre Hudson Valley Estate Hits Market For $25 Million Historic, 290-Acre Hudson Valley Estate Hits Market For $25 Million
Historic, 290-Acre Hudson Valley Estate Hits Market For $25 Million A historic mansion in the Hudson Valley that was once lauded by First Lady Eleanor Roosevelt for its “coziness” just hit the market for $25 million. Known as Steen Valetje, the Dutchess County estate, located in Red Hook, sits on 290 acres and offers “breathtaking views of the Hudson River and Catskills beyond,” according to the listing from Compass Real Estate. “A sanctuary of seclusion, and a retreat where friends and family can gather for life's most important celebrations,” the listing says. Built in 1851, the estate was a gift from William Backhouse Astor - once the richest man in Am…
Whole Foods To Close Stores In Four States Whole Foods To Close Stores In Four States
Whole Foods To Close Stores In Four States Whole Foods will be shuttering the doors of six markets across four states, including one location in the North East, Amazon announced, according to a Bloomberg report. Citing long-term goals, Amazon, which purchased Whole Foods for $13 billion in 2017, confirmed that some stores will soon be closing as they shift their business plan. Stores will be closing in these locations: Brookline, Massachusetts; Montgomery and Mobile, Alabama; Tarzana, California; The Englewood and DePaul neighborhoods of Chicago, Illinois. According to multiple reports, some of the stores could be closing as soon…
COVID-19: Expect Increases In Cases Next Weeks Followed By New Fall Surge, Fauci Says COVID-19: Expect Increases In Cases Next Weeks Followed By New Fall Surge, Fauci Says
Covid-19: Expect Increases In Cases Next Weeks Followed By New Fall Surge, Fauci Says A fall COVID-19 surge is likely due to the highly transmissible "stealth Omicron" sub-variant, Dr. Anthony Fauci is now saying. "It is likely that we will see a surge in the fall," Fauci, the director of the National Institute of Allergy and Infectious Diseases and the chief medical advisor to the president, said in an interview with Bloomberg conducted last week. "I would think that we should expect that we are going to see some increase in cases as you get to the colder weather in the fall." The BA.2, more commonly known as “stealth Omicron," now accounts for …
COVID-19: Worker Shortages Amid Omicron Wave Spark Concerns Of Food Outages At Grocery Stores COVID-19: Worker Shortages Amid Omicron Wave Spark Concerns Of Food Outages At Grocery Stores
Covid-19: Worker Shortages Amid Omicron Wave Spark Concerns Of Food Outages At Grocery Stores The dramatic surge in COVID-19 cases led by the Omicron variant is exacerbating issues supermarkets are experiencing with keeping shelves stocked, according to multiple reports. A chief executive of supply-chain consultant told Bloomberg that stores are currently having issues stocking shelves, and the highly-transmissible variant will cause even more issues due to labor shortages. The news outlet reported that stores have already had trouble keeping products stocked due to supply chain issues and product shortages throughout the pandemic. As cases continue to climb across the country, so …
COVID-19: Apple Indefinitely Delays Return To Offices COVID-19: Apple Indefinitely Delays Return To Offices
Covid-19: Apple Indefinitely Delays Return To Offices Apple Inc. has delayed its deadline for corporate employees to begin returning to the office indefinitely amid the rise in COVID-19 cases, according to a new report. Bloomberg reported that the technology company's Chief Executive Officer Tim Cook told employees on Wednesday, Dec. 15, that Apple is delaying the beginning of its hybrid work pilot "to a date yet to be determined." The news outlet reported that Apple was previously planning to have employees begin returning to work in person in February. Cook said rising cases around the globe and the highly-transmissible new variant are…
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says The top person tasked with keeping President Joe Biden safe will be leaving his post for a cushy job on Wall Street, according to multiple reports. David Cho, the head of Biden’s security detail, has been hired by an investment firm after being a part of the Secret Service for more than two decades. The news was first reported by Bloomberg, which cited people close to the situation who are familiar with the matter. It is unclear what firm has plucked Cho away from the White House. Cho was the first Korean American to become a special agent-in-charge of the Secret Service’s Presidential Pr…
Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve
Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve Maple syrup producers in Canada are in a sticky situation, as a shortage has forced them to use a significant portion of their strategic reserve.  Quebec Maple Syrup Producers has used almost 50 million pounds of syrup from its reserve, according to a report from Bloomberg.  That accounts for nearly half of the reserve, the news outlet reported. Quebec Maple Syrup Producers reports that it represents 11,300 maple producers and regulates the production of maple syrup in the province. Quebec is the world's largest producer of maple syrup. CNN Business reported that …
COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers
Covid-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers Supply-chain issues related to the COVID-19 pandemic are leading to product shortages in stores across the country. According to a report from Bloomberg, the issues have arisen due to factors including rising COVID-19 cases, rising demand for certain products, and labor shortages. The beverage industry has struggled due to a shortage of packaging, including aluminum cans, the news outlet reported. Other products have seen shortages due to rising demand. Lunchables, Kraft Heinz Co.'s packaged snack products, have been in greater demand as children have returned to school. Bloomberg reporte…
COVID-19: Infection Surge In World's Most Vaccinated Nation Sparks Search For Answers COVID-19: Infection Surge In World's Most Vaccinated Nation Sparks Search For Answers
Covid-19: Infection Surge In World's Most Vaccinated Nation Sparks Search For Answers One of the world's most vaccinated countries has seen a new rise in COVID-19 cases, forcing researchers to question whether this is a trend or anomaly. Seychelles, a small island country in East Africa that has fully vaccinated the majority of its population, has taken steps to close schools and canceled sports activities for the next two weeks due to a recent surge of the virus. According to Bloomberg, precautionary measures being taken in Seychelles include a ban on the intermingling of households and the early closure of bars, despite the fact that the country has vaccinated more than 6…
COVID-19: One Vaccine Dose May Be As Effective As Two For Those Who've Had Virus, Report Says COVID-19: One Vaccine Dose May Be As Effective As Two For Those Who've Had Virus, Report Says
Covid-19: One Vaccine Dose May Be As Effective As Two For Those Who've Had Virus, Report Says New studies have found that Americans receiving the first dose of the two-shot Moderna and Pfizer COVID-19 vaccine may be protected against the spread of the vaccine. According to a Bloomberg report, out of more than 1,000 staff members tested at Cedars-Sinai Medical Center in Los Angeles, many responded to the first dose so robustly that their results were similar to co-workers who received both doses. Research leader Susan Cheng, who co-authored a study published in the Nature Medicine journal, said that those who have already contracted the virus, immune responses after one vaccine have …
IRS Planning To Delay April 15 Tax Deadline, Reports Say IRS Planning To Delay April 15 Tax Deadline, Reports Say
IRS Planning To Delay April 15 Tax Deadline, Reports Say For the second straight year, the Internal Revenue Service is expected to extend the tax deadline by at least a month, according to multiple reports. Bloomberg, CNBC, the Wall Street Journal, and Washington Post all reported on Wednesday afternoon, March 17 that the IRS is expected to push the tax deadline until mid-May, not April 15, though no official statement has been made. Tax season was delayed from the get-go as the IRS began to accept and process tax returns on Feb. 12, which was a two-week delay. A filing extension would give taxpayers additional breathing room to meet their tax …
COVID-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic COVID-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic
Covid-19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic Goldman Sachs may be the latest New Yorker to head for sunnier pastures down in Florida. The financial heavyweight reportedly has plans to set up one of its key divisions in Florida, dealing a financial blow to New York as it continues contending and combating the COVID-19 pandemic. According to reports, executives have been eyeing locations in south Florida to potentially house their asset management division in an effort to cut costs and save money by getting out of the Empire State. It is unclear how much of the business, which generates billions in New York, may move. “With all due r…
Fairfield County Has Fastest Rising Home Prices In US, Report Says Fairfield County Has Fastest Rising Home Prices In US, Report Says
Fairfield County Has Fastest Rising Home Prices In US, Report Says Housing prices are rising more quickly in Fairfield County than any other locale in the U.S., according to data compiled from the real estate website Redfin by Bloomberg.  Compared to September of 2019, housing sales throughout the county this September rose by 80 percent, and median home prices reportedly increased by 33 percent to $499,000.  The second-fastest-growing metropolitan area was Memphis, Tennessee, according to the data; median home prices increased there by 29.7 percent in September compared to September of 2019.  Also in the rankings was New Haven, which ranke…
Trending: These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings Trending: These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings
Trending: These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings A handful of municipalities in the Hudson Valley -- all located in Westchester County -- are among the nation's Top 50 richest places, according to brand-new rankings from Bloomberg. The four are: No. 2 Scarsdale, average household income: $452,041 No. 13 Bronxville, $330,412 No. 15 Larchmont, $324,835 No. 26 Greenville (aka Edgemont), $297, 128 No. 27 Rye, $297,011 Atherton, California, a San Francisco suburb located in San Mateo County, ranked No. 1 for the fourth year in a row with an annual household income of $525,324. To view the Bloomberg rankings, click here.
These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings
These Westchester Locations Among Nation's Top 50 Richest Places In New Rankings A handful of municipalities in the Hudson Valley -- all located in Westchester County -- are among the nation's Top 50 richest places, according to brand-new rankings from Bloomberg. The four are: No. 2 Scarsdale, average household income: $452,041 No. 13 Bronxville, $330,412 No. 15 Larchmont, $324,835 No. 26 Greenville (aka Edgemont), $297, 128 No. 27 Rye, $297,011 Atherton, California, a San Francisco suburb located in San Mateo County, ranked No. 1 for the fourth year in a row with an annual household income of $525,324. To view the Bloomberg rankings, click here.
Uptick In UFO Sightings Sparks Concerns Uptick In UFO Sightings Sparks Concerns
Uptick In UFO Sightings Sparks Concerns A series of recent UFO sightings is beginning to spark concerns among various military organizations, officials say. The U.S. military has claimed an increase in what it calls “unexplained aerial phenomena,” or more colloquially known as unidentified flying objects, in recent years. According to The Washington Post, recently observed UFOs have entered military-designated airspace as many as several times each month. Joseph Gradisher, spokesman for office of the deputy chief of naval operations for information warfare, told The Washington Post that he fully intends to “investigate each and…
This Westchester Locale Jumps To No. 2 Spot On Richest Places National Index This Westchester Locale Jumps To No. 2 Spot On Richest Places National Index
This Westchester Locale Jumps To No. 2 Spot On Richest Places National Index A Westchester village whose residents saw a $30,000 increase in average household income last year jumped to the No. 2 spot on the newly released annual Bloomberg Richest Places national index. Scarsdale, with an average household income of $417,335, moved up to the second spot after being ranked third nationally last year. Ranked No. 1 is Silicon Valley, California suburb Atherton, earning the top spot for the third straight year, with its residents making an average of $450,696 annually. The Top 100 places came from the same 16 states as last year, including 13 locations in New …
Connecticut City Cited For Widening Wealth Gap In Bloomberg Report Connecticut City Cited For Widening Wealth Gap In Bloomberg Report
Connecticut City Cited For Widening Wealth Gap In Bloomberg Report The "super rich" are getting richer and the middle class are poorer in Bridgeport, according to a national study of the widening wealth gap. The Bloomberg news ranking found the change in the gap between the super rich to middle class widened in 98 of 100 U.S. metropolitan areas, led by Bridgeport.  The gap narrowed in Ogden, Utah and Colorado Springs, Colo., Bloomberg reported here. (The super rich to middle class gap was defined by those in the top 5 percent of income versus households in the middle 20 percent.) The average income gap widened by $59,000 nationwide. In Bridgeport…