Monthly Archives جولای 2020

Marine sea tank sinks with 16 aboard; 1 dead and 8 missing

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SAN DIEGO — An amphibious assault vehicle carrying 15 Marines and a Navy sailor sank near a military-owned island off the coast of Southern California, leaving one of the Marines dead and eight missing, authorities said Friday.

They were traveling in the vehicle that resembles a seafaring tank from the shores of San Clemente Island to a Navy ship Thursday evening when they reported the vehicle was taking on water, said Lt. Cameron H. Edinburgh, a Marine Corps spokesman for Camp Pendleton.

Two Marines who were rescued were injured, with one hospitalized in critical condition and the other in stable condition, a Marine Corps statement said.

Military ships, small boats and helicopters on Friday were searching choppy seas for the missing amid moderate to strong winds...

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Change in unemployment brings new stresses for state system

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New Yorks unemployment system might soon face its toughest test yet, months after Gov. Andrew Cuomo acknowledged the technology for processing claims collapsed.

The state has worked to clear a great deal of its claims backlog, observers told Crains, but many New Yorkers are still waiting for their benefits. The $600 extra federal payment that has boosted the weekly unemployment checks of nearly 3 million New Yorkers since March expired today—yanking nearly $1 billion total in income from New York. In its place, Republicans in Congress are supporting a bill that would replace the weekly bonus with one equal to about two-thirds of a workers’ prior wages.

For labor systems already stressed by historic levels of claims across all 50 states, implementing that calculation could ca...

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Judge: Latest Bielema filing too long

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— Judge P.K. Holmes III, the presiding judge in former Arkansas Coach Bret Bielema’s $7 million lawsuit against the Razorback Foundation, rejected on Friday the latest filing in the case because it wasn’t brief enough.

The 34-page response to the foundation’s motion to dismiss the lawsuit was filed Wednesday by Tom Mars, the lead attorney for Bielema.

“The response brief exceeds the limit of 25 substantive pages set out in the … initial scheduling order without leave of Court, and will not be considered as filed,” Holmes wrote into the record.

Holmes also wrote an amended response may be filed by Aug. 5.

Marshall Ney of the Friday, Eldredge & Clark law firm, the Razorback Foundation’s lead counsel, has written about the excessive length of Mars’ briefs already dur...

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Here's how a lender uses magical accounting to sweep losses under the rug

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It’s no secret that lenders are facing enormous losses thanks to the pandemic stopping the economy dead in its tracks. What’s interesting is the lengths they’ll go to make the dire problem seemingly disappear.

Exhibit A: Credit Acceptance Corp., which makes car loans to borrowers with poor credit histories. Because a lot of customers can no longer afford to repay their loan, the Michigan-based company has come up with a creative way to avoid a profit-crash: Keep one set of books that follows accounting rules and another that doesn’t.

The year is not nearly over, but we might already have a winner for 2020’s Magical Accounting Thinking award.


Yesterday Credit Acceptance reported that earnings sank in the first half of the year by 96% to $12 million under generally accept...

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VIERNES, 31 de JULIO: Cinco hechos importantes sobre la covid-19 en Arkansas

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As our state deals with the spread of covid-19 in the midst of a global outbreak, the Arkansas Democrat-Gazette will publish five things you need to know each week. We’ll be publishing these round-ups in English, Spanish and Marshallese. You can read our full coverage at arkansasonline.com/coronavirus/. Coronavirus coverage pertaining to crucial public health information will be available for all readers.

• Arkansas ha confirmado un total de  41,759  casos de covid-19 desde que comenzó la pandemia,  de acuerdo con lo información publicada en la mañana del  31  de julio. Las autoridades sanitarias del estado también reportaron un total de  442 muertes y  34,737  personas recuperadas 

• El gobernador Asa Hutchinson declaró el 30 de julio que estaba autoriza...

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NYC Health & Hospitals spending $142M to build Covid recovery clinics

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NYC Health & Hospitals’ plan to build Centers of Excellence in areas that have been hardest hit by Covid-19 in the Bronx, Brooklyn and Queens will cost about $142 million, according to state filings.

The health system is developing clinics in the Tremont section of the Bronx, Bushwick in Brooklyn and Jackson Heights in Queens.

The goal of the centers is to provide outpatient services to people at high risk of contracting Covid-19, as well as short- and long-term follow-up care for those recovering from the disease.


Preliminary evidence links Covid-19 to potential heart damage, lung injuries, blood clots and mental health conditions. Health & Hospitals said it expects the centers will address those issues when they open in September, said Dr...

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Bahamas, Florida brace as new Hurricane Isaias bears down

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SAN JUAN, Puerto Rico — Forecasters declared a hurricane watch for parts of the Florida coastline on Friday as Hurricane Isaias drenched the Bahamas on a track for the U.S. East Coast.

Officials in Florida said they were closing beaches, marinas and parks in Miami-Dade County beginning Friday night. Mayor Carlos Gimenez said the county has 20 evacuation centers on standby that could be set up with covid-19 safety measures.

“We still don’t think there is a need to open shelters for this storm but they are ready,” he said.

Isaias had maximum sustained winds of 75 mph Friday morning and it was expected to remain a hurricane for the next few days, according to the U.S. National Hurricane Center in Miami...

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Dunkin’ expects to close about 800 U.S. stores this year

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Dunkin’ Brands Group Inc. said it expects to close about 800 stores in the U.S. permanently this year, as well as about 350 internationally.

The closures are part of a “real estate portfolio rationalization,” and will mostly involve low-volume sales locations, Dunkin’ said. The U.S. locations represent about 8% of Dunkin’s total domestic restaurants, and accounted for about 2% of U.S. systemwide sales in 2019.

The move includes the previously announced closure of 450 sites in Speedway convenience stores.


The company also reported adjusted earnings per share for the second quarter that beat the average analyst estimate and reinstated its regular quarterly cash dividend.


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U.S. consumer spending up 5.6%, but virus could stall gains

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WASHINGTON — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus’ resurgence in much of the country could impede further gains.

Last month’s rise in consumer spending followed a seasonally adjusted 8.5% surge in May after spending had plunged the previous two months when the pandemic shuttered businesses, caused tens of millions of layoffs and sent the economy into a recession.

Now, with confirmed viral infections rising in a majority of states, many businesses have had to pause their re-openings or close a second time and cut jobs, thereby putting consumers under renewed pressure...

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For sale: 36,000 acres in Adirondacks for $180M

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A 36,000-acre tract of lakes and forest in the Adirondacks is on the market for $180 million.

The tract known as Whitney Park was owned by Saratoga Springs philanthropist and thoroughbred racing owner Marylou Whitney, who died last year. Her widower, John Hendrickson, told the Wall Street Journal he plans to sell the estate, which includes the great camp Deerlands on Little Forked Lake near Long Lake.

Environmental groups have urged the state to acquire the land and add it to the permanently protected Forest Preserve.


“Whitney Park has been at the top of the land protection priority list of New York state for the last 50 years,” said Peter Bauer, executive director of Protect the Adirondacks...

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