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business
May 24, 2019
Amazon has reached a market capitalization of $1 trillion, but analysts believe that the company could go beyond that point within the next two years. Analysts at Piper Jaffray have stated that shares of the e-commerce giant could reach $3000, giving the company a market value of nearly $1.5 trillion without needing to make significant changes to its business model. Analysts noted that shares could reach that value even considering that the company's growth will slow down, adding that all of Amazon's business makes it seem like the retail side is trading relatively cheap and could go even higher. Amazon shares have gained 20% this year and 86% in the past two years.
health
May 24, 2019
The Center for Disease Control and Prevention has been consulted by multiple Health Departments in the country about the possibility of banning measles-infected people from flying to stop the disease from spreading. Eight individuals in five states are under investigation as they are considered at risk or to have already contracted the disease. They would be added to a 'Do Not Board' list that all airlines would have; the agency would contact the airline and make arrangements for any changes in the trip schedule. The act is on its early stages and hasn't been approved by the CDCP.
business
May 24, 2019
Southwest Airlines has announced that it won't charge an extra fee to those passengers who feel uneasy about flying on the 737 Max once it gets back to service. Southwest is the largest 737 Max operator in the country with 34 aircraft; the measure underlines the efforts of the airline industry to ease concerns regarding the airplane, which has been grounded since early March after two deadly crashes that killed over 300 people in Indonesia and Ethiopia. United Airlines has announced a similar measure and will rebook passengers who don't want to be on the plane, the company's CEO will also be on the first flight once the aircraft is certified to fly.
business
May 24, 2019
British travel firm is in a tight spot; shares have plummeted, and analysts have stated that the company might be worthless. However, other European firms have shown interest in acquiring parts of Thomas Cook's business. Shares of the company gained 2% after it was revealed that Triton Partners had made a preliminary and unsolicited offer for the company's Northern Europe operations. According to reports, Triton Partners has submitted a bid for the company's operator in Denmark, Norway, Finland, and Sweden; Thomas Cook stated that it has received several offers for different parts of its business and that it would assess all of them to see which one is more convenient for its shareholders.
entertainment
May 24, 2019
'The Voice' will be saying goodbye to Adam Levine. The Maroon 5 frontman was one of the original coaches when the singing competition first premiered in 2011. Although there were rumors the entertainer had already signed a contract for season 17, he will not be returning to his chair this fall, as confirmed by host Carson Daly. This last season, the singer didn't get any performer from his team into semifinals, and he was reportedly behaving childish, which was getting on the crew's nerves. His seat will be taken by Gwen Stefani, who has already worked as a coach on three seasons.
travel
May 24, 2019
The Hard Rock brand is all about making visitors feel like rockstars, but the latest addition to the catalog has taken that mantra to a whole new level. Hard Rock is opening the first guitar-shaped hotel in Hollywood, Florida as part of a $1.5-billion expansion of its current locations in Tampa and Hollywood. The hotel will have swim-up rooms, private villas overlooking the hotel's lagoon-style pool, a lazy river, and a 41,000-square-foot spa. But the hotel's crowning jewel is the revamped Hard Rock Live concert venue, which is expected to have room for 7,000 guests and host over 100 shows a year. The grand opening will be in October, but you can make a reservation as soon as July.
health
May 24, 2019
The governor of Colorado Jared Polis has signed a bill that will make insurance companies co-pay the expenses of insulin drugs up to a minimum of $100. The bill was previously passed by state senator who had personal experience with the difficulties of purchasing medicine for diabetes since his brother suffered from it before passing in August 2016. The American Diabetes Association supports the law, explaining the prices of insulin have tripled in the last few years and patients have had to turn to cut down on the use of the medicine or skip it altogether. Colorado is the first state to have this type of law regarding insulin drugs in the country.
world
May 24, 2019
American Civil Liberties Union (ACLU) and Planned Parenthood have started taking legal action against Alabama's abortion law hoping to block it before it's official. A few weeks ago, Alabama passed an extreme ban on abortion, and now these civil rights groups are fighting to have it overturned. The abortion bill approved by the legislature and signed by governor Kay Ivey is the strictest in the nation since it states that victims of rape and incest cannot have an abortion. Moreover, the law stated that doctors who practice the procedure, and women who get an illegal abortion would face jail time. Now, abortion advocates are hoping that ACLU and Planned Parenthood can stop this ban.
tech
May 24, 2019
In the latest update of Google's Android video call app Duo, a new feature lets users have video conferences with up to eight people at the same time. The update will be first available for the mobile app with a later announcement for the web version. Google has been investing in video call apps in the last few years supported by Android with Google Hangouts being the enterprise counterpart of the lot. Hangouts will be enterprise-exclusive starting next year, leaving Facebook as the leading video call app that can hold up to 50 members in a video conference. Skype has upgraded their system too with a support of 50 people as well as.
world
May 24, 2019
On Friday, oppositionist leader, Prabowo Subianto, presented a lawsuit against the presidential election results. According to Subianto, the results of the election on April 17 were rigged, and that was how candidate Widodo won with 55,5% of the votes. Now, even if the election supervisory agency declares that there was no evidence of cheating, the Constitutional Court is in charge of holding a hearing that's expected to happen on June 14 and deliver a verdict on June 28. According to a Prawobo's running mate, the goal of this lawsuit is to assure that the election process was free and fair between the parties involved.
world
May 24, 2019
The death toll of climbers that have died at Mount Everest in a week increases to seven, which is more than the total deaths in 2018. Although Nepal reduced the number of permits given to pro climbers to ascend the mountain to reduce the number of accidents, three climbers died this Thursday. Authorities said the climbers died of exhaustion from descending the mountain after being stuck in traffic for hours. Moreover, they explained that there is only one rope for ascending and descending, which is the reason why traffic jams at the summit are frequent. Afterward, it was revealed that two of the climbers that had died were Indian, and the other was Austrian.
business
May 24, 2019
Topshop will close all of its 11 locations in the US as the retailer's parent company tries to restructure after filing for bankruptcy. Arcadia Group, the company's parent company, said that the measure was due to the unprecedented conditions it was facing in the retail business, blaming the onslaught of e-commerce giant Amazon for the closure, as well as discount retailers and new brands that have put pressure on the company's earnings. Arcadia didn't disclose when the closures would begin, but it added that the brand would continue to sell clothes online. So far, there have been nearly 5,000 store closures announced this year in the retail industry in the US.
science
May 24, 2019
A scientist warns that invasive earthworms could cause severe greenhouse gas emissions in the boreal forest. A couple of years ago, Cindy Shaw, a researcher from the Canadian Forest, found invasive earthworms in northern Alberta and since then, the scientific community has been wondering about the consequences this invasive species could bring. Earthworms are known for speeding decomposition and releasing carbon dioxide into the atmosphere, and now that they have a significant presence in the boreal forest, scientists worry that this place will go from being a carbon sponge to a carbon polluter.
travel
May 24, 2019
One of the most important rules to follow when traveling abroad is that you should try to behave and follow local customs to not give tourists a bad reputation. However, not all tourists stick to this simple rule. After a significant number of incidents, Japanese authorities have started to impose fines on everyone that writes messages along the Tottori coastline, which is famous for its dunes and gets millions of visitors every year. So many tourists have left a "sand graffiti" that authorities imposed fines back in 2008, but this hasn't persuaded tourists from leaving their messages, and although the graffiti isn't permanent, locals don't like the way they look against the natural beauty of the dunes.
entertainment
May 24, 2019
The legal nightmare for Harvey Weinstein survivors is about to be over. The disgraced Hollywood producer was accused time and time again of sexual assault, and he has now reached a settlement. According to a new report by the New York Times, the settlement will include $30 million for accusers, unsecured creditors and the employees of his former company, which has now declared bankruptcy. The settlement also includes another $14 million for legal fees, but the man will still be in a legal battle as he is facing criminal charges, which he has pleaded not guilty.
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