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Tim Cook once gave President Trump a $5,999 Mac Pro

CNN Top Stories - 1 hour 9 min ago
In a new financial document released just hours after he left the White House, former President Donald Trump disclosed Apple CEO Tim Cook once gave him a $5,999 Mac Pro computer.
Categories: Breaking News

Global stocks mixed as Lagarde warns of continued Covid-19 drag

Inquirer Breaking News - 1 hour 37 min ago
  NEW YORK - Global stocks were mixed Thursday, with the Nasdaq pushing to a fresh record on lingering optimism over the US presidential transition while European Central Bank Chief Christine Lagarde warned of continued challenges from Covid-19. Thursday's Wall Street sessionwas choppy after all three major indices surged to records on Wednesday in anticipation of an improving economic picture thanks to newly-installed US President Joe Biden's stimulus plan and efforts to bolster the Covid-19 vaccine rollout. The Nasdaq finished at a second straight record behind strength in Apple, Facebook and other tech shares. But petroleum-linked shares plummeted following a seri...

Keep on reading: Global stocks mixed as Lagarde warns of continued Covid-19 drag
Categories: Breaking News

US resumes WHO support, launches $1.9 trillion virus plan

Inquirer Breaking News - 1 hour 44 min ago
    GENEVA - The United States on Thursday said it would resume its funding for the UN's health agency as President Joe Biden shifts towards greater international cooperation in the fight against Covid-19, while also launching a $1.9 trillion plan to tackle the pandemic at home. On his first day in the job, Biden confirmed he had reversed the decision of former president Donald Trump to quit the World Health Organization (WHO). And on Day Two, Biden's chief medical adviser Anthony Fauci confirmed that the US would continue its hefty payments into the organisation's budget, prompting a wave of relief among international health experts.     ...

Keep on reading: US resumes WHO support, launches $1.9 trillion virus plan
Categories: Breaking News

Republicans position themselves for 2024 with Trump's future looming large

CNN Top Stories - 1 hour 48 min ago
Republicans are already making moves toward the 2024 election, jockeying to succeed former President Donald Trump now that he has departed Washington, either by picking up his mantle or by trying to steer the party in a new direction.
Categories: Breaking News

EU summit eyes border closures to curb spread of virus variants

Inquirer Breaking News - 2 hours 19 sec ago
  BRUSSELS - EU leaders discussed tighter travel restrictions for Europe's internal borders at a virtual summit Thursday as part of efforts to slow and detect the spread of new coronavirus variants. Their gathering came just as the European Centre for Disease Prevention and Control said there was a "very high" probability of strains with much higher infectivity propagating in the 27-country bloc. These mutations -- which emerged in Britain, South Africa and Brazil -- have already prompted bans or restrictions on travellers from those countries. Now calls are increasing to also shut internal EU borders to all but essential travel, though German Chancellor Angela Merke...

Keep on reading: EU summit eyes border closures to curb spread of virus variants
Categories: Breaking News

Fauci was asked if he feels 'free' under Biden. Hear his response

CNN Top Stories - 2 hours 1 min ago
During a White House press briefing, Dr. Anthony Fauci told reporters that he feels liberated to speak freely and honestly about the coronavirus pandemic and the science behind it under the Biden administration.
Categories: Breaking News

Biden orders masks, travel clampdown in new war on Covid-19

Inquirer Breaking News - 2 hours 7 min ago
    WASHINGTON - President Joe Biden on Thursday tightened mask wearing rules and ordered quarantine for people flying into the United States, as he got to work on tackling the coronavirus pandemic on his first full day in power. Signing 10 executive orders in the White House, Biden told the nation that the Covid-19 death toll would likely rise from 400,000 to half a million next month -- and that drastic action was needed. "We're in a national emergency. It's time we treated it like one," he said, adding that he wants to restore public trust in the wake of the divisive Donald Trump era. Scientists, he said, will "work free from political interference" under ...

Keep on reading: Biden orders masks, travel clampdown in new war on Covid-19
Categories: Breaking News

Biden may have to give up Peloton over security concerns

Inquirer Breaking News - 2 hours 28 min ago
WASHINGTON ---Joe Biden may have to find another way to stay fit at the White House, as experts worry the president's Peloton interactive fitness bike could create security risks. Some of Peloton's top features -- internet connectivity, a camera and microphone that allow users to participate in live classes -- could prove problematic for White House security, experts explained to US media. According to The New York Times, Biden began his days at the family home in Delaware with an exercise routine that included weights, a treadmill and a Peloton exercise bike. The brand has become hugely popular during the pandemic, as home workouts -- particularly alongside fitness junkies ...

Keep on reading: Biden may have to give up Peloton over security concerns
Categories: Breaking News

Construction of Trump's border wall halted for review of Biden order

CNN Top Stories - 2 hours 42 min ago
The Defense Department will pause construction of the wall along the US-Mexico border as it reviews President Joe Biden's executive order calling for construction to grind to a halt.
Categories: Breaking News

Nissan to shut down Laguna plant

Inquirer Breaking News - 2 hours 47 min ago
MANILA, Philippines --- Japanese carmaker Nissan will close its sole car assembly plant in Laguna in March, marking the latest shutdown in an industry that has been finding fewer reasons to make cars in the Philippines when it is cheaper to make them elsewhere. Nissan Philippines Inc. (NPI) wrote to the Department of Trade and Industry (DTI) on Wednesday, informing Trade Secretary Ramon Lopez about its decision to shutter its assembly plant in the City of Santa Rosa. A copy of the letter from NPI president Atsushi Najima was seen by the Inquirer. The company made the decision after the expiration of its contract with its Filipino vehicle assembly partner Univation Motor Philippi...

Keep on reading: Nissan to shut down Laguna plant
Categories: Breaking News

WHO plans slew of COVID-19 vaccine approvals for global rollout

Inquirer Breaking News - 2 hours 49 min ago
BRUSSELS --- The World Health Organization (WHO) plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in coming weeks and months, a document published on Wednesday shows, as it aims for rapid rollouts in poorer countries. COVAX, a global procurement pool co-led by the WHO, wants to deliver at least 2 billion COVID-19 doses across the world this year, with at least 1.3 billion going to poorer countries. But it has so far struggled to secure enough shots due to a shortage of funds, while wealthy nations have booked large volumes of vaccines for themselves. In the race to deploy shots, regulatory approvals are key to confirming the effectiveness and saf...

Keep on reading: WHO plans slew of COVID-19 vaccine approvals for global rollout
Categories: Breaking News

India PM’s state junks ‘Chinese fruit’ name

Inquirer Breaking News - 2 hours 51 min ago
AHMEDABAD, India --- The government in Indian Prime Minister Narendra Modi's home state of Gujarat has decided to change the name of the dragon fruit as it feels the original name is associated with China, drawing derision from the country's opposition on Wednesday. India and China are currently locked in a military standoff along their contested Himalayan border, with New Delhi responding to the deaths of 20 of its troops in June by banning Chinese-made apps and curbing imports. "The Gujarat government has decided ... the word dragon fruit is not appropriate, and is associated with China. The fruit's shape is like a lotus, and hence we have given it a new Sanskrit name, kamalam. T...

Keep on reading: India PM’s state junks ‘Chinese fruit’ name
Categories: Breaking News

After VP feat, Harris likely to get another shot at history-making

Inquirer Breaking News - 2 hours 53 min ago
  WASHINGTON --- Kamala Harris smashed through one of America's highest glass ceilings Wednesday, becoming the first woman, first Black American and first person of Asian heritage to be appointed vice president, blazing a trail in the most diverse White House ever. As running mate to now-President Joe Biden, she helped bring Donald Trump's turbulent rule to an end, assailing him for his chaotic bungling of the Covid-19 pandemic, last year's unrest over racial injustices and his crackdown on immigration. Harris, 56, enters the post having already forged a unique path, as California's first Black attorney general and the first woman of South Asian heritage elected to the ...

Keep on reading: After VP feat, Harris likely to get another shot at history-making
Categories: Breaking News

Economic contraction seen slowing to 6%

Inquirer Breaking News - 2 hours 57 min ago
The gradual easing of COVID-19 quarantine measures likely narrowed gross domestic product (GDP) contraction in the fourth quarter of last year to single-digit, but this would not stop the Philippine economy from sliding to its worst post-war recession in 2020, according to global economic research firms. In a Jan. 20 report, Morgan Stanley Research projected a 6-percent year-on-year decline in fourth-quarter GDP, a slower drop than the average of 10 percent recorded in the first nine months of last year. Morgan Stanley's forecast would bring end-2020 GDP contraction to a record 8.8 percent. The government will report on the fourth-quarter and full-year GDP performance on Jan. 28. ...

Keep on reading: Economic contraction seen slowing to 6%
Categories: Breaking News

Biden swiftly starts undoing Trump policies

Inquirer Breaking News - 2 hours 57 min ago
  WASHINGTON --- US President Joe Biden signed half a dozen executive orders on Wednesday to reverse several hard-line immigration policies put in place by former President Donald Trump, although migration experts warn that it will take months or longer to unravel many of the restrictions imposed in the past four years. In a sharp departure from his Republican predecessor, Biden, a Democrat, just hours after being sworn in, also sent an immigration bill to Congress that proposes opening a path to citizenship for millions of immigrants living in the United States unlawfully. After he was sworn in as the 46th president of the United States, he offered a message of unity a...

Keep on reading: Biden swiftly starts undoing Trump policies
Categories: Breaking News

House approves waiver for Biden's defense secretary pick

CNN Top Stories - 2 hours 58 min ago
The House on Thursday approved a waiver to permit retired Gen. Lloyd Austin to serve as secretary of defense in the Biden administration.
Categories: Breaking News

Vatican bank's former chief found guilty of money laundering

CNN Top Stories - 2 hours 59 min ago
The former head of the Vatican bank, Angelo Caloia, has been sentenced to nearly nine years in prison for money laundering and aggravated embezzlement.
Categories: Breaking News

Emerging evidence suggests new coronavirus variant could be problematic for vaccines

CNN Top Stories - 3 hours 4 min ago
As researchers around the world race to see if new coronavirus variants will pose a problem for the vaccines, a second study in two days says a variant from South Africa could possibly do just that.
Categories: Breaking News

SSS chief: Fund facing P14.9-B deficit amid halt in contribution hike

Inquirer Breaking News - 3 hours 5 min ago
Stopping the mandatory hike in private workers' monthly contributions to the Social Security System (SSS) this year would result in P41.37 billion in foregone collections and could place the state-run pension fund's bottom line in the red, its top official said on Thursday. During a hearing conducted by the House committee on government enterprises and privatization to tackle the pending measures aimed at halting the contribution rate hike to 13 percent, SSS president and chief executive Aurora Ignacio warned, "the provisions of the bills tend to weaken, rather than strengthen the SSS, especially in these difficult times." Having delayed the collection of contribution payments from...

Keep on reading: SSS chief: Fund facing P14.9-B deficit amid halt in contribution hike
Categories: Breaking News

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