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‘You should fly’: Southwest Airlines CEO said traveling by plane is safe, despite the CDC and infectious disease experts warning against air travel (LUV)

Summary List PlacementSouthwest Airlines CEO Gary Kelly said said passengers "should" fly during the coronavirus pandemic.  "You should fly," Kelly said in an interview with Axios. "We all need to be responsible, and we all need to be smart about what kind of personal interactions we have." Kelly said the problem with getting coronavirus is "not being on the airplane," but rather what travelers do outside the air cabin. About one million Americans traveled on airplanes the weekend before Thanksgiving, defying the US Centers for Disease Control and Prevention recommendation to stay home. The US has hit more than 12 million total COVID-19 cases, and a record 85,700 patients were hospitalized as of Tuesday. Read more: Leaked announcement: Southwest plans to furlough workers for the first ti...

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One judge, three more employees in chief judge’s office test positive for COVID-19

A judge and three more employees in the chief judge’s office have tested positive for COVID-19, officials said in a statement Nov. 24. | Adobe Stock PhotoSince the start of the pandemic, 12 judges and 176 employees have tested positive for COVID-19. A judge and three more employees in the Cook County chief judge’s office have tested positive for the coronavirus, officials announced Tuesday. The judge who has the virus typically works at the Daley Center but has not been in the office since March, according to a statement from the chief judge’s office. One employee works for family mediation services and has also been out of the office since March, officials said. The second employee works for the adult probation department at the criminal court administration building, and the third works...

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BlackRock is paying $1 billion in cash for a wonky fund business. Here’s why customized index funds are having a moment. (BLK)

Summary List PlacementBlackRock's plans to buy a firm specializing in customized portfolios is a sure sign that clients' expectations for personalized investments are rising, and a consolidating industry pressured to boost profits is rushing to keep up. The world's largest money manager, which oversees some $7.8 trillion in assets, said late Monday that it would acquire Aperio, a Sausalito, California-based firm that creates bespoke separately managed accounts, from the private equity firm Golden Gate Capital and Aperio employees for approximately $1 billion in cash.  The firm will operate under BlackRock's US wealth advisory business, which focuses on marketing and distributing BlackRock's products to wealth management firms and financial advisors, and operate as a separately branded te...

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Los Angeles County home price hits new high: $715,000 after 15% jump

Los Angeles County’s homebuying rebound continued in October — including a new record high for pricing — powered by historically low interest rates, coronavirus-led urges for more space, and a limited inventory for house hunters to choose from. A study by DQNews of closed transactions in Los Angeles County from October show … • 7,601 homes sold, existing and new — up 11.2% in a year. Highest transaction count in 14 years. Year to date there have been 56,316 Los Angeles County sales — down 8% vs. 2019. • A record-setting $715,000 countywide median selling price — up 15.3% over 12 months. The latest median breaks the record of $710,000 set in September. October extended the region’s summertime homebuying reversal into autumn after what had been a pandemic-induced chill in spring. The buying

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Big pharma is using AI and machine learning in drug discovery and development to save lives

Summary List PlacementThe pharmaceutical industry has been slow-moving when it comes to adopting digital health technology, and pharma companies overall have taken a long time to implement AI and machine learning strategies — making broad-scale digital transformation difficult. There is ample opportunity for drug discovery and development, but it relies on the ability of companies to implement advanced health tech into everyday strategies.  While the healthcare industry is rapidly adopting digital tech, the pharma industry is lagging on digital maturity, and any measures even early movers are taking to catch up are patchworked due to a lack of strategy and digital-focused leadership. AI & Machine Learning in the Drug Development Process An incredible amount of time and money goes into

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Restaurant association fights LA County in-person dining ban in court

The California Restaurant Association went to court on Tuesday, Nov. 24, in hopes of blocking a Los Angeles County plan to end in-person dining due to the recent surge in COVID-19 cases, but the judge rejected the group’s effort. “The recent order with no stated scientific basis from L.A. County singles out a specific industry and could jeopardize thousands of jobs,” Jot Condie, president/CEO of the California Restaurant Association, said in a statement announcing the legal challenge. “There are thousands of restaurants and many thousands more employees who could be out on the street right before the holiday season.” The county restriction ending in-person dining for three weeks is scheduled to take effect at 10 p.m Wednesday. The ban was announced Sunday night when the county’s five-day a

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9,469 new Illinois coronavirus cases, 125 more deaths ahead of Thanksgiving

Rush University Medical Center staff see patients in the Brennan Pavilion, the hospital’s main lobby, which was transformed into a treatment area last week. | Ashlee Rezin Garcia/Sun-Times fileIllinois hospitals have been treating at least 6,000 COVID-19 patients for six straight nights. That number topped 5,000 only once during the state’s first surge in the spring.  The coronavirus has spread to 9,469 more Illinois residents and claimed 125 more lives across the state, public health officials said Tuesday. The latest cases reported by the Illinois Department of Public Health were detected among 97,323 tests, decreasing the statewide testing positivity rate over the last week to 10.4%, its lowest point since Nov. 7. Tuesday’s caseload, while still more than double the state’s springtim...

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Body found in Salt Lake field; police calling death ‘suspicious’

Scott G Winterton, Deseret News SALT LAKE CITY — A body was found in a field in Salt Lake City early Tuesday. The death is being called “suspicious,” according to Salt Lake police detective Michael Ruff. The body of an adult was found just before 2 a.m. in a field near 1070 S. Redwood, Ruff said. Investigators were still trying to identify the person. A cause of death has also not been determined. The body was found by some people who were passing by the area, according to police. Additional information will be posted as it becomes available. ...read more Source:: Deseret News – Utah News...

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OxyContin maker Purdue Pharma pleads guilty in criminal case

By Geoff Mulvihill | Associated Press Purdue Pharma pleaded guilty Tuesday to three criminal charges, formally admitting its role in an opioid epidemic that has contributed to hundreds of thousands of deaths over the past two decades. In a virtual hearing with a federal judge in Newark, New Jersey, the OxyContin maker admitted impeding the U.S. Drug Enforcement Administration’s efforts to combat the addiction crisis. Purdue acknowledged that it had not maintained an effective program to prevent prescription drugs from being diverted to the black market, even though it had told the DEA it did have such a program, and that it provided misleading information to the agency as a way to boost company manufacturing quotas. It also admitted paying doctors through a speakers program to induce them

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‘This tragic shooting should not have happened’: Family of 13-year-old shot by police files lawsuit

Linden Cameron, 13, seen in this police body camera video screenshot, lies on the ground after being shot by Salt Lake police officers on Sept. 4, 2020. | Salt Lake City Police DepartmentSalt Lake police officer didn’t intend to take teen into custody alive, lawsuit claims SALT LAKE CITY — The family of a 13-year-old boy with Asperger’s syndrome who was shot multiple times by a Salt Lake police officer has filed a federal civil rights lawsuit against the city and the police department. “We have debated whether a lawsuit is the right thing to do and if so, the appropriate timing. As we have reflected on the shooting, and as we have watched news reports that have surfaced, we feel that a civil lawsuit is the only way to effect meaningful change and to bring public awareness to a glaring pr

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You can buy life insurance on your parents, but you’ll need their permission to do it

Summary List Placement Table of Contents: Masthead Sticky You can get a life insurance policy on your parents if you have an "insurable interest" in their lives, plus their permission. Instead of buying life insurance, you might consider long-term care insurance, an "end of life" coverage for at-home, assisted living, and nursing facility care. Or, you could recommend they purchase their own no medical exam life insurance, which tend to be easier for older customers to get. Policygenius can help you compare life insurance policies to find the right coverage for you, at the right price » Ideally, your parents have already purchased life insurance as part of their retirement planning. If they have not, in theory, you could buy a life insurance policy on your parents with their permission....

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A first-generation college student from an HBCU crushed her virtual internship at BlackRock and landed a full-time offer. She laid out how to turn a summer gig on Wall Street into a coveted full-time job.

Summary List PlacementTamia Marrow, 21, represents the face of a changing Wall Street. In high school, the Burlington, N.C., native wasn't worried about which firm she'd land an internship at in college. Instead, she was earning $7.35 working after school from 5 p.m. to 11 p.m. at McDonalds to pay for her first car — a used 2006 blue Honda Pilot, which cost her $8,000. She worked that same job throughout much of college to help pay the remainder of her tuition not covered by the scholarships she was receiving to attend North Carolina Central University, a historically black university in Durham, N.C. Marrow isn't shy about admitting that she comes from humble means. She and her brother are the first in her family to go to college. Without her scholarships, Marrow said she wouldn't have b...

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Mars just bought snack bar maker Kind for a reportedly $5 billion. Here are 5 other established food brands that could be acquired next as companies look to put cash from coronavirus-driven sales to use.

Summary List PlacementThere's a paradox today for big food companies: Many are reporting their best sales in years and piling up cash as consumers eat more at home — but using that cash to make acquisitions has become trickier than it was before COVID-19. Even as products like mac n' cheese, cold cuts, and other processed and shelf-stable foods fly off the shelves, experts say companies are likely to be cautious about taking on new operations through acquisitions. Though a few major food deals have closed in 2020, such as Mondelez's $1.2 billion purchase of Give and Go, which makes frozen baked goods that can be thawed before retailers and restaurants sell them, there have been fewer acquisitions of brands by big food companies since coronavirus shook consumer habits and financial market...

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Incarcerated CA prison gang affiliates ran multi-state drug ring from their cells, according to federal prosecutors

SOLEDAD — Last March 27, two California Highway Patrol officers pulled over a vehicle on its way north from Anaheim, knowing full well what it contained: five pounds of methamphetamine and two confidential informants working for the ATF, whom authorities say had just picked up the drugs on the orders of an incarcerated associates of two notorious prison gangs. The traffic stop was just a ruse, orchestrated by the Bureau of Alcohol, Tobacco, Firearms and Explosives, to get the main targets of their investigation talking. Two weeks later, a gang task force with the California Department of Corrections and Rehabilitation searched the North Kern State Prison cell of Robert “Rage” Eversole, 47, an alleged associate of the Aryan Brotherhood, a so-called white power gang that also goes by “The Br

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