Author: Press Room

CNN  —  Republican attorneys general from 20 states wrote letters to executives at CVS and Walgreens warning the pharmacy chains against using the mail to dispense abortion pills in their states, in a shot against a new Biden administration policy. The letters rebuke recent guidance from the Justice Department – issued in an opinion from the DOJ’s Office of Legal Counsel – that concluded the federal law did not prohibit the mailing of abortion pills. The release of the Justice Department opinion came ahead of the rollout of new rules from the Food and Drug Administration allowing certified pharmacies to…

A controversial Alaska oil project has edged a step closer to approval after the Biden administration indicated support for a slimmed down version of the drilling venture, sparking the ire of environmental groups.The Bureau of Land Management released a final environmental study for the $8bn Willow project on Wednesday that recommended cutting the scope to three drilling sites from the five initially proposed by its developer, the oil company ConocoPhillips. The storm surrounding Willow’s approval has underlined the dilemmas facing president Joe Biden, who has pursued an aggressive climate agenda while demanding oil companies increase production to ease fuel prices…

DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle.”I think one more,” Gundlach said Wednesday on CNBC’s “Closing Bell: Overtime.” “I think it’s tough to make the statement ‘ongoing increases’ with an ‘s’ at the end of the word ‘increase’ and do zero unless you had very substantial change in economic conditions.”The Fed on Wednesday raised its benchmark interest rate by a quarter percentage point, taking its target range to 4.5%-4.75%, the highest since October 2007. The Fed’s statement included language noting that the central bank still sees the…

Bugatti sold its last purely gas-powered supercar at a Paris auction Wednesday for more than $10 million, setting a world auction record for a new car. Originally a special development model that was never intended to be sold, the one-of-a-kind Bugatti Chiron Profilée sold at RM Paris collector car auction for a bid of $9.5 million. With fees paid to the auction house, the final selling price was about $10.7 million. The price was far above the $4.5 million to $6 million RM Sotheby’s had estimated the car to be worth. The eight-figure price eclipses previous auction sales of new…

CNN  —  The US Navy assisted the French military in seizing thousands of assault rifles and half a million rounds of ammunition that were heading to Yemen from Iran in January, the US military confirmed on Wednesday. The seizure in the Gulf of Oman occurred on January 15, according to 5th Fleet spokesman Cmdr. Tim Hawkins. “US 5th Fleet assets assisted partner maritime forces in the interdiction by sharing information and helping coordinate the overall effort,” Hawkins said. “We also ultimately took custody of the confiscated weapons through a ship-to-ship transfer with partner forces.” A US official confirmed to CNN…

The experience of the COVID-19 pandemic has demonstrated that countries of the Global South cannot rely on the international system or rich countries in the Global North to help them through health crises. When Bolivia struck an agreement with Canadian manufacturer Biolyse Pharma to provide it with COVID-19 vaccines for its people, the Canadian government did not take the necessary measures needed to greenlight the export. When Uganda was trying to purchase doses of the AstraZeneca vaccine, it was charged triple per dose that richer European countries paid. When India and South Africa led an alliance of most countries on…

So how come you’re not getting a higher rate on your bank savings? If your hard-earned money is just sitting in an account at a big-name bank earning bunk (still), you can do much better by moving it to an online bank’s high-yield savings account. And there are plenty of other ways you can benefit from rising rates, while also protecting yourself from their additional costs. Higher rates mean your liquid savings — such as those you set aside for emergency expenses or shorter-term goals like a down payment or vacation fund — can finally earn some money for you…

Environment Canada has issued a special weather statement for Montreal as a mass of Arctic air moves toward the city. The “vigorous” cold front could produce snow squalls, the agency warns.The thermometer will start to dip Thursday night and cold temperatures will continue until Sunday.  The seven-day forecast shows a daytime high of -24 C on Friday with an overnight low of -26 C.“These temperatures combined with moderate to strong winds will generate extreme wind chill values Friday and Saturday,” the weather statement reads.The extreme cold has government officials and community organizations on high alert, particularly with regard to those…

A wild cat that’s native to Africa was recently found and rescued from a live trap in Missouri after a farmer emailed a tip to a wildlife sanctuary that specializes in big cat care.Turpentine Creek Wildlife Refuge in Eureka Springs, Arkansas, responded to the emergency rescue email and retrieved an African serval that had been living in the forested area in Ava, Missouri, which is a small rural city in the Ozark Mountains.In a press release issued on Friday, Jan. 20, the sanctuary revealed that locals had spotted the sub-Saharan cat passing through the area in the last half year,…

Source: YouTube