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bubmag

Powell opens door to Fed rate cut on ‘evolving’ risks from virus Chinese Economy

Powell opens door to Fed rate cut on ‘evolving’ risks from virus

Federal Reserve Chairman Jerome Powell said the coronavirus “poses evolving risks” to the U.S. economy and signaled the central bank is prepared to cut interest rates if necessary to sustain the country’s longest-ever expansion. The rare statement issued Friday by Powell before the financial markets closed for the U.S. weekend…
bubmag
February 28, 2020
Bunk Beds in Coach? Air New Zealand Reveals Lie-Flat Pods for Economy Flyers Sleeping Pods

Bunk Beds in Coach? Air New Zealand Reveals Lie-Flat Pods for Economy Flyers

You’ve never flown quite like this before! Air New Zealand announced this week that the airline is looking into incorporating bunk bed-style pods on its planes, which will allow passengers flying in economy class the chance to lie down during long-haul trips — specifically their almost 18-hour non-stop flight from…
bubmag
February 28, 2020
Apple suspends controversial facial recognition app Clearview AI from its developer program Clearview

Apple suspends controversial facial recognition app Clearview AI from its developer program

San Francisco (CNN Business)Clearview AI has been suspended from Apple's developer program for flouting its policies, the latest controversy to hit the face recognition app. Apple (AAPL) said Friday that it disabled Clearview AI's account for violating the terms of its Developer Enterprise Program, which is meant for companies to…
bubmag
February 28, 2020
Stock markets are headed for a 40 percent plunge, says economist who predicted financial crisis Chinese Economy

Stock markets are headed for a 40 percent plunge, says economist who predicted financial crisis

The end of a very rough week for U.S. markets brought a worrying prediction.While one expert warned fallout from the global coronavirus outbreak could be "worse than the financial crisis" of 2008, the economist who correctly predicted that very crisis is now saying the idea of a major global recession…
bubmag
February 28, 2020
SpaceX wins the $117 million launch contract to explore Psyche’s heavy metal asteroid SpaceX

SpaceX wins the $117 million launch contract to explore Psyche’s heavy metal asteroid

SpaceX has won the launch contract for NASA’s 2022 mission to explore the mineral-rich asteroid known as Psyche, the space agency announced today, including launch services and other mission-related costs valued at $117 million — remarkably low for a mission of this scale. The Psyche mission will use a Falcon…
bubmag
February 28, 2020
University Receives More Than 100 Complaints Against Doctor Who Allegedly Traded Vietnam Deferral Letters For Sex Acts Vietnam

University Receives More Than 100 Complaints Against Doctor Who Allegedly Traded Vietnam Deferral Letters For Sex Acts

(ANN ARBOR, Mich.) — A University of Michigan hotline has received more than 100 “unique complaints” about a late physician accused of sexual abuse by former patients, including athletes who encountered him as a team doctor, the school announced Friday. In a statement released with the updated total, a spokesman…
bubmag
February 28, 2020