Month: June 2022

Substack CEO Lays Off 13 Employees Citing ‘Market Conditions,’ Says He’s ‘Very Sorry’

Substack CEO Chris Best apologized for laying off 13 employees on June 29 after previously stating the company would “not do layoffs,” calling it the “saddest day we’ve had” at the company. Best took to Twitter to issue a lengthy apology to workers, citing “market conditions” as the reason behind the layoffs, which he said are…


Baby Born 14 Weeks Early Is Now a 6-Year-Old Learning Entrepreneurship Skills From Grandma

A baby girl born 14 weeks early, weighing under 2 pounds, has beaten the odds by surviving without any lasting health issues. Today, she is a happy, curious 6-year-old who has become an entrepreneur alongside her grandmother, who owns a “slice of paradise” on Earth: a working farm. Kai Ferguson’s original due date was Christmas Eve…


Biden Administration Inks $3.2 Billion Deal with Pfizer for 105 Million COVID-19 Vaccines

The Biden administration said it has signed a new agreement with Pfizer and partner BioNTech for 105 million doses of their COVID-19 vaccine for a fall vaccination campaign, with the deal worth $3.2 billion. The contract includes doses for both adults and children, as well as supplies of a retooled Omicron-adapted vaccine that is currently…


Eurozone Unemployment Falls to New Record Low of 6.6 Percent in May

BRUSSELS—Eurozone unemployment fell to a new record low in May as the economy continued to rebound from the COVID-19 pandemic, even if inflation exacerbated by Ukraine’s crisis is expected to dampen growth. The European Union’s statistics office Eurostat said on Thursday that unemployment in the 19 countries sharing the euro fell to 6.6 percent of…


How to Save Money on Gas and Get More Bang for Your Buck

Gas prices have just about reached an all-time high. Since this is sure to put a crimp in your budget and may affect your summer travel, you are probably trying to find creative ways to save money on gas. Here are some practical tips to help you save money at the pump and burn less…


Euro Drops Against US Dollar Amid Renewed Safe-Haven Demand

LONDON—The euro fell to a two-week low against the U.S. dollar and remained close to a 2015 low versus the Swiss franc amid safe-haven demand on renewed worries about higher rates and a global recession. The Swedish crown trimmed early gains against the euro after briefly jumping on the country’s central bank decision to hike…


3 Injured, Including Israeli Military Officer, During Clashes With Palestinians at Contested Holy Site

Three people, including an Israeli military officer and two civilians, have been wounded after Palestinian gunmen opened fire at Jewish worshipers who were praying at a contested holy site in the occupied West Bank on Thursday, according to officials. The officer—Shomron Regional Brigade Commander, Col. Roi Zweig—was injured after the army returned fire on the gunmen, according…


‘Systemic Deficiencies’ in Handling of Domestic Abuse Allegations Against UK Police Officers

One of the biggest investigations ever into the way police forces in England and Wales investigate domestic abuse allegations against their own officers has found there are “systemic deficiencies” and has recommended a series of improvements. But a joint report by the College of Policing, Her Majesty’s Inspectorate of Constabulary and Fire and Rescue Service…


New Hampshire Governor Vetoes Ivermectin Bill

New Hampshire’s Republican Gov. Chris Sununu vetoed a bill that would have made Ivermectin available without a prescription. The Republican governor vetoed the bill on June 24, the same day that the U.S. Supreme Court overturned Roe v. Wade. Some fellow Republicans questioned the timing. “It certainly seemed like a convenient way to bury a…


UK Prime Minister Says There Is ‘New Impetus’ to Cut Food Tariffs Among G-7 Countries

There’s a new momentum among leaders of the Group of Seven (G-7) nations to cut tariffs on food, British Prime Minister Boris Johnson said on Wednesday, adding that U.S. President Joe Biden was planning to cut $178 billion (£146 billion) worth of tariffs. It comes after Johnson vowed to “get people through” the “post-COVID, Ukraine-exacerbated…