Business news 21 Feb, 2021
Passenger recounts United Airlines flight after engine bursts into flames midair - New York PostNew York Post
When Barbara Underwood saw the fire bursting out of the plane’s starboard engine during her United Airlines flight home to Hawaii on Saturday, she could think of only one thing to do. “I turn…
Thousands of Texans will be involuntarily switched to a new electric providers, as companies fail - WFAAGoogle News
How To Buy an Electric Car - The New York TimesNew York Times
Even before G.M. announced it would work toward eliminating emissions from its vehicles, more automakers were putting E. V.s in their showrooms. Here’s a roundup.
Videos show plane engine on fire as it drops debris on Colorado - Business InsiderBusiness Insider
The plane dropped debris throughout several Colorado neighborhoods, including a massive piece that narrowly missed someone's home.
Michigan restaurants push for increased capacity limits - WOODTV.comWOODTV.com
Michigan restaurants want less talk and more action when it comes to loosening restaurant restrictions.
Suspected shoplifter shot several times by security officer amid confrontation at Walmart - FOX 29FOX 29
SAN ANTONIO – A suspected shoplifter was shot multiple times inside a West Side Walmart Saturday afternoon after police say he pointed a gun at an officer when confronted for not paying. It happened at the Walmart off W. Military Dr. and Loop 410 a litt…
Coronavirus/utilities update Feb. 20: 615 COVID-19 patients hospitalized; SAWS says boil notice lifted for parts of San Antonio - KSAT San AntonioKSAT San Antonio
San Antonio Mayor Ron Nirenberg and Bexar County Judge Nelson Wolff updated the community about the local response to COVID-19 and the winter weather in their briefing Saturday night.
Costco begins offering coronavirus vaccines at Bay Area store - San Francisco ChronicleSan Francisco Chronicle
Costco’s pharmacy in Novato is accepting vaccination bookings from health care workers,...
Texas officials are investigating outrageous energy bills in storm price surge - CNNCNN
Dallas resident DeAndre Upshaw said it was "very shocking" when he opened his latest electricity bill.
How Texans affected by severe winter storms can apply for federal disaster assistance - WFAAGoogle News
Kroger is latest victim of third-party software data breach - WANEWANE
Kroger Co. says it was among the multiple victims of a data breach involving a third-party vendor’s file-transfer service and is notifying potentially impacted customers, offering them free credit monitoring.
Tesla Billionaire Elon Musk Made A Stark Bitcoin And Ethereum Price Warning As Crypto Market Nears $2 Trillion - ForbesForbes
Telsa billionaire Elon Musk, whose tweets about "joke" meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has warned the price of bitcoin and ethereum.
VIDEO: Plane engine explosion, debris falling on metro Denver neighborhood - Colorado Springs GazetteColorado Springs Gazette
Debris from a United Airlines plane fell onto Denver suburbs during an emergency landing Saturday, with one very large piece that appears to be part of the engine narrowly missing
Six Flags plans to open all of its amusement parks for 2021 season - CNNCNN
Six Flags Entertainment Corporation says it is planning to open all 26 of its amusement parks and water parks for the 2021 season, including five that were not able to operate last year because of the coronavirus pandemic.
Your electric bills probably won't skyrocket, Austin Energy says. Here's why. - KVUE.comKVUE.com
Already impacted by the week's winter storms, some Texans are now being crushed by energy bills.
CVS to help underserved Americans schedule COVID-19 vaccine appointments - USA TODAYUSA Today
CVS Health plans to contact Americans living in underserved communities to help them schedule COVID-19 vaccine appointments.
Pfizer says its COVID vaccine doesn’t need to be stored at ultra-freezing temps anymore - Fox BusinessFox Business
The Pfizer COVID-19 vaccine no longer needs to be kept at ultra-freezing temperatures and can be safely stored inside normal medical freezers — making distribution easier, the firm said in a report Friday.
Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania - CointelegraphCointelegraph
Bitcoin’s market cap hits $1 trillion for the first time, Ether finally manages to break $2,000, and Binance Coin becomes No. 3 cryptocurrency after a parabolic rally.
Marijuana sold in Nevada failed yeast and mold testing, board says - KOLOKOLO
The board said people with suppressed immune systems should especially be careful not to use the marijuana.
'Most destructive freezing rain event in 40 years' slows PGE power restorations - KGW.comKGW.com
PGE said crews are facing multiple challenges during restorations, but they've restored power to approximately 655,000 customers since the start of the storm.
Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC - Yahoo FinanceYahoo Entertainment
(Bloomberg) -- Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that...
Secretary Yellen Calls for Bitcoin Safeguards in Interview - BeInCryptoBeInCrypto
Treasury Secretary Janet Yellen, in an interview with CNBC TV's Closing Bell, stated that regulation of Bitcoin must be protection-centric.
Google Fires Another Top Researcher on Its AI Ethics Team - GizmodoGizmodo.com
Google has fired another top artificial intelligence researcher, Margaret Mitchell, in the latest escalation of internal tensions at the company following December’s controversial ouster of Timnit Gebru, a Black AI ethicist. As if the PR fire with Google’s AI…
'Roaring Kitty' doubles down on GameStop stake - Seeking AlphaSeeking Alpha
He posted on Friday the screenshot on WSB, which showed shares held at 100K, up from 50K in a screenshot previously posted.
The TSA wants to hire 6,000 new airport security officers by the summer - CNNCNN
The Transportation Security Administration is working to hire more than 6,000 airport security screening officers ahead of the traditionally busy summer travel season.
Texans helping Texans | H-E-B let customers take free groceries when power went out, Facebook post says - KHOU.comKHOU.com
Employees reportedly let lines of people proceed with full carts of groceries out of the store. All for no charge.
City of Memphis to distribute thousands of bottles of water - WMCWMC
With low water pressure and Memphis Light, Gas and Water issuing as boil water advisory the city is working to fill the need.
Berkshire Hathaway: Buffett Sells Apple, Buys Value - Seeking AlphaSeeking Alpha
Selling part of the Apple stake seems like an opportune move, as valuations for the stock are stretched.
Texas power outages: Katy, Bryan residents use Ford F-150 truck generators to power homes amid winter storms - KTRK-TVKTRK-TV
As Texans deal with catastrophic events around the winter storm, a handful who lost power at their homes have used their 2021 Ford F-150s with a built-in Pro Power Onboard generator to get through the worst of it.
Walmart, Amazon, Kroger snipe over who pays a $15 minimum wage - Business InsiderBusiness Insider
Massive retailers have stayed mostly quiet about minimum wage regulation. But, they have more to say when it comes to taking shots at the competition.
Recall: Power Max Snowthrowers reportedly present amputation hazard - Fox BaltimoreFox Baltimore
BALTIMORE (WBFF) - On February 17, 2021, the 2021 Toro Power Max 826 OHAE Snowthrower, Model 37802 was recalled due to amputation hazard. The piece of equipment is used widely to remove snow from outside of residences and and problematic areas, such as a sid…
3 Dividend Stocks That Should Pay You the Rest of Your Life - Motley FoolMotley Fool
Income from dividends can be an important part of a retirement plan. These companies will keep on giving.
Global chip shortage: How microchips became one of the worlds most precious resources - DW NewsGoogle News
A virtual tour of Meow Wolf's newest Vegas attraction - CNETCNET
Omega Mart is opening despite the pandemic. The bizarre interdimensional convenience store is real, but when will I be able to visit?
Why wind turbines thrive in Antarctica and colder places than Texas - MashableMashable
"An ingenious technology."
6 million doses of vaccine delayed due to winter weather - GMAGMA
The recent winter weather across the U.S. has delayed vaccine deliveries and forced vaccination sites to close.
Organ transplant patient dies after receiving Covid-infected lungs - NBC NewsNBC News
Covid pandemic in the U.S.: An organ transplant patient dies after receiving Covid-infected lungs
Will Robinhood's IPO be GameStopped? At the height of the controversy the app was downloaded 600K times in one day - USA TODAYUSA Today
Many traders abandoned the app after it limited buying GameStop stock. According to one analyst, some 40% of those who left went to Square's Cash App.
US Power Capacity Changes from 2010 to 2020 — CleanTechnica Charts - CleanTechnicaCleanTechnica
With US power capacity data in for the end of 2020, I thought it would be a good time to see how US power capacity has changed over the past decade. Using data from the
COVID-19 immunity now 20-25% in Salt Lake County residents, data shows - fox13now.comfox13now.com
New data shows that the immunity to COVID-19 is rising in Salt Lake County, and health experts are optimistic that the community is working toward herd immunity.
State to Lower Age Limit on Vaccine Eligibility 'Soon' - Big Island NowBig Island Now
Vaccination eligibility is about to expand in Hawai‘i to a slightly younger demographic.
Dow Jones Futures: Great Stock Market Rallies Are Bad Teacher; Analyzing Tesla, Bitcoin, Microsoft - Investor's Business DailyInvestor's Business Daily
The stock market rally held up well last week but margin debt is a growing concern. Tesla, Microsoft and Bitcoin are in focus.
Sutter, Kaiser among Bay Area providers affected by massive vaccine shipment delays from storms - San Francisco ChronicleSan Francisco Chronicle
Vaccine appointments in the Bay Area are being postponed or canceled — including some...
Women dressed as elderly adults caught trying to obtain a COVID-19 vaccine, officials say - CBS NewsCBS News
The women disguised themselves with bonnets, gloves and glasses.
More airlines to start collecting contact tracing information from passengers | TheHill - The HillThe Hill
More airlines said Friday they will start asking for passengers’ personal information on flights to the U.S. to beef up their contact tracing capabilities.
Brazil's Bolsonaro intervenes to oust Petrobras chief - Financial TimesFinancial Times
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Lights Are Back On for Millions of Texans As ERCOT Says Emergency Over - Bloomberg Quicktake: NowGoogle News
'Absolutely stunned': Businesses face Minnesota tax hit from PPP loans - FOX 9FOX 9
Some Minnesota business owners are finding that the forgivable PPP loan they received during the pandemic is subject to the state's corporate income tax.
Texas Looks to Rebuild. Here Are 6 Stocks That Could Benefit. - Barron'sBarron's
Companies that provide energy infrastructure and oil-and-gas producers that were spared storm damage offer opportunities.
Judge Wolff sends letter to Gov. Abbott, says CPS Energy & ERCOT share blame equally - WOAIWOAI
SAN ANTONIO - Judge Nelson Wolff sent a letter to Governor Greg Abbott in which he says that both CPS Energy and the Electric Reliability Council of Texas (ERCOT) are equally to blame for the failure of our electricity during this winter storm. He said that t…
Extreme Winter Weather Delays Covid Vaccine Rollout Across the U.S. - Bloomberg Quicktake: NowGoogle News
Publix offers 225,000 workers $125 gift cards to get vaccinated - CBS NewsCBS News
"Getting vaccinated can help us take one step closer to getting back to normal," says grocery chain CEO Todd Jones.
Austin Water may review, revise wastewater averages for bill calculations affected by winter freeze - KXAN.comKXAN.com
With frigid weather bursting residential water pipes at an unprecedented rate in Austin, the city’s water utility said it may review and possibly revise wastewater averaging calculations for customers whose bills are being computed during the winter freeze.
How Major Are Velodyne’s ‘Lower Visibility’ Issues? Analyst Weighs In - Yahoo FinanceYahoo Entertainment
Earnings season is in full swing and next week (Feb 25) Velodyne Lidar (VLDR) will report its 4Q results. The lidar maker already gave a taste of what to...
Uber drivers must be treated as workers not self-employed contractors, Supreme Court rules - Channel 4 NewsGoogle News
Why Carnival, Norwegian Cruise Line, and Royal Caribbean Cruises All Jumped Today - The Motley FoolMotley Fool
By year-end, cruise lines could be fully operational.
Is now the right time to sell your house? - Fox BusinessFox Business
Considering listing your property? Take a look at how demand and mortgage rates may impact your decision.
Four Things to Know About the Housing Market in 2021 - Barron'sBarron's
Last year was an exceptional one for the housing market, which boomed in the second half. Some of the same trends may continue this year.
LIVE: ERCOT Officials Hold News Conference on Texas Power Outages in Austin - Bloomberg Quicktake: NowYouTube
(Feb. 18) Watch live as officials from ERCOT will host a media call on Friday, February 19, 2021. The grid operator expects to come out of emergency conditio...
What is level blue on Colorado’s COVID-19 dial? Here’s what you need to know - FOX 31 DenverFOX 31 Denver
COVID-19 restrictions continue to be eased across Colorado. Many counties are being moved into Level Blue on the state’s COVID-19 dial.
Fed sees 'considerable' risk of ongoing U.S. business failures - ReutersReuters
The risks of ongoing business failures in the United States "remain considerable" even as the economy emerges from the coronavirus pandemic, the Federal Reserve said on Friday in its semi-annual monetary policy report to Congress.
Record-setting corn and soybean crops in sight - USDA - Successful FarmingSuccessful Farming
USDA’s projections on huge corn and soybean crops hinged in part on the highest-ever corn yield of 179.5.
Snowfall totals by town: Central Jersey's turn to get dumped on - New Jersey 101.5 FMNew Jersey 101.5 FM Radio
How much snow fell on Thursday in New Jersey?
'Flat out false' — Ken Griffin says Citadel doesn't use personal information from retail investors - CNBCCNBC
Citadel CEO Ken Griffin disputed claims that market makers like Citadel Securities obtain and use person information of retail investors.
Bill Gates Applauds World’s Worst Polluter China for ‘Making Climate a Priority’ - BreitbartBreitbart News
In an interview with Chinese state media, Bill Gates salutes China - the world's worst polluter - for “making climate a priority.”
COVID NYC Update: Costco set to offer COVID vaccines in New York City - WABC-TVWABC-TV
Costco will soon be offering COVID-19 vaccines in five states and Puerto Rico.
Rise in Treasury yields prompts speculation of a ‘tantrum’ for markets - CNBCCNBC
The recent rise in bond yields and U.S. inflation expectations has some investors wary that a repeat of the 2013 "taper tantrum" could be on the horizon.