Tag: News

Fake COVID-19 news makes you want to treat yourself on the cheap

fake news
Credit: CC0 Public Domain

People exposed to fake news during the already uncertain COVID-19 era are simultaneously compelled to treat themselves and to try to save money, according to new research from CU Boulder and the University of New Hampshire.


The findings are published in an upcoming edition of the Journal of the Association for Consumer Research.

Participants exposed to fake news said they felt more uncertainty about their lives. The researchers found this effect was compounded by the pandemic. It even occurred when researchers reminded participants that fake news exists.

The researchers then asked participants a series of questions about making hypothetical choices between premium or cost-effective food and grocery products.

“The finding that surprised us is that this uncertainty can cause people to feel a joint desire to save their money for a murky future and also to spend a little bit to make themselves feel better about

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Project Big Picture: Premier League owner claims only six clubs back proposals | Football News

A Premier League club owner has told Sky Sports News only six top-flight teams are in favour of Project Big Picture proposals, ahead of a shareholder meeting on Wednesday.

All 20 Premier League clubs will be involved in a virtual meeting to discuss the proposals at 11am.

“We are 100 per cent against the plans,” he said. “If there was a vote now I would be surprised if more than six supported it. I can guarantee you the majority of club owners are against it.

“Who knows, somebody might be able to come up with a compromise but there is no way we could support what’s on the table now.”



Rick Parry




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Sky Sports News’ Rebecca Williams explains how Premier League and EFL clubs have reacted to the proposals within Project Big Picture

The proposals would give special status and preferred votes to the so-called big six clubs – Manchester United,

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Zenitel promotes Bruce Czerwinski to Vice President position | Security News

Electric locking: more than meets the eye

Electric locking is among the most ubiquitous examples of everyday security. Yet the complexity of electric locks and the advanced technologies deployed to provide simple, dependable and, for the most part, impenetrable locking often goes unnoticed. And that’s a good thing: when we take things for granted, it usually proves they’re fit for purpose. As experts in the field of solenoid actuated designs, we’re okay knowing that remote electric locking solutions are taken for granted and that the design sophistication behind a functional and reliable locking assembly is often overlooked.
 
As readers of this journal will know, security takes many forms. Perhaps the most recognisable application of a security policy is the ability to lock something. A door to prevent access. A gate to control the flow of people or vehicles. Or shutters to guard against theft. Or to unlock a turnstile

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Pekin council schedules public hearing on proposed business district – News – Journal Star

The Pekin City Council unanimously voted to schedule a public hearing regarding a proposed Business Development District during Monday’s meeting.

“Several weeks ago, we had a public hearing on the Business Development District ordinance,” said City Manager Mark Rothert. “There was some discussion to go back and add in a 1% Hotel/Motel Tax to the BDD ordinance. That required us to go back and re-start the public hearing process.”

A public hearing on the BDD ordinance is scheduled for Oct. 26 at 4:30 p.m., with another public meeting slated for Nov. 2 at 5 p.m. The council will consider the creation of a BDD at the Nov. 9 meeting.

A proposal to seek public assistance funding from the Federal Emergency Management Agency, through the Illinois Emergency Management Agency passed with unanimous consent. The funding would reimburse the city for expenditures on personal protective equipment, sanitation and safety materials, and medical

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Exclusive: Huawei in Talks to Divest Parts of Honor Smartphone Business, Sources Say | Investing News

HONG KONG (Reuters) – Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd <000034.SZ> and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan ($3.7 billion), people with knowledge of the matter said.

Embattled Huawei is resetting its priorities in the face of U.S. sanctions and will focus on its higher-end Huawei phones rather than the Honor brand which is aimed at young people and the budget conscious, they said.

The assets to be sold have yet to be finalised but could include Honor’s brand, research & development capabilities and related supply chain management business, two of the people said.

The deal may be an all-cash sale and could end up smaller, worth somewhere between 15 billion yuan and 25 billion yuan, one of the people said.

Digital China, the main distributor for Honor

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Owasso Chamber connecting local business leaders in engaging ways | News



owasso chamber

Brady Deaton, business developer at Paul David Restoration in Tulsa (left), and McKenzie Dildy, director of development for Arubah Community Clinic in Collinsville, met at the Owasso Chamber of Commerce’s Business Over Breakfast Tuesday morning. ART HADDAWAY/Owasso Reporter


Brady Deaton and McKenzie Dildy may live in different parts of Tulsa County, but they have Owasso to thank for their newfound friendship.

Deaton, business developer at Paul David Restoration in Tulsa, and Dildy, director of development for Arubah Community Clinic in Collinsville, met at the Owasso Chamber of Commerce’s Business Over Breakfast Tuesday morning.

The two were among over a dozen local business leaders to convene at Prosperity Bank off of 96th Street as part of the bimonthly event, with Tuesday serving as the Chamber’s first gathering since March due to COVID-19.

It was also Deaton’s and Dildy’s first time attending a Business Over Breakfast in Owasso, which gave them an

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Opioid Drug Maker Mallinckrodt Files for U.S. Bankruptcy Protection | Investing News

Reuters

FILE PHOTO: Bottles of prescription painkillers Oxycodone Hydrochloride, 30mg pills, made by Mallinckrodt sit on a counter at a local pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File PhotoReuters

(Reuters) – Mallinckrodt filed for bankruptcy protection on Monday, saddled with lawsuits alleging it helped fuel the U.S. opioid epidemic.

Adding to its woes, the company in March also lost a court battle to avoid paying higher rebates to state Medicaid programs for its top-selling drug.

Mallinckrodt said on Monday it had agreed to pay $1.6 billion over several years to settle opioid-related litigation. About $450 million would be paid as part of its settlement once the company emerged from chapter 11 bankruptcy.

The company would then pay $200 million in the first and second year after its emergence from the bankruptcy, and $150 million subsequently through the seventh year.

Mallinckrodt had agreed to pay $260 million over

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Icac NSW inquiry live: Gladys Berejiklian attacks ‘offensive’ questions as Daryl Maguire grilled on cash-for-visa scheme | Australia news













What we’ve learned so far.

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Harvard Business School Scholars Evaluate Issues of Race and Racism in the Business World in New Speaker Series | News

Two scholars analyzed the history of racism in America, the business world, and their own lives to better understand how to overcome problems of race in business in a Harvard Business School webinar Tuesday.

The event was the first of the Business School’s “Managing Diversity” speaker series and featured a conversation between Dean Nitin Nohria and Business Administration professor emeritus James I. Cash, the first Black tenured professor at the Business School.

Cash began by describing his experience growing up in the heavily segregated Jim Crow South, emphasizing the hostility Black people faced in that environment.

“My first conscious thoughts about race were based on hearing preachers use quotes from the Bible to convey why segregation was God’s will,” Cash said.

When he went to Texas Christian University with a basketball scholarship, Cash said, the challenges continued.

“When I was at TCU and went to my first game at the

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It’s the Best, and Worst, of Times for Business in Florida, Survey Finds | Investing News

Reuters

FILE PHOTO: An empty street is seen in Little Havana, Miami, after local authorities restricted the activities of restaurants, bars, gyms, movie theaters and other similar businesses for precaution due to coronavirus disease (COVID-19) spread, in Miami, Florida U.S., March 23, 2020. REUTERS/Carlos Barria/File PhotoReuters

(Reuters) – Florida is one of the five best states in the nation in which to do business, according to a new survey. It’s also one of the five worst, according to the same survey, thanks to COVID-19.

Every three years, Development Counsellors International, an economic development marketing firm, surveys executives to rank business climates in the various U.S. states. For the first time since they began doing the survey in 1996, a single state landed in the top five in both categories: Florida. The DCI report was released on Tuesday.

“The rationale for Florida being on both the best and worst lists was

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