Technology Uber’s Former Security Chief Charged For Allegedly Concealing Data Breach August 20, 2020 Ekemini Uber’s former chief security officer has been charged with trying to conceal from federal investigators a 2016 data breach that exposed the information of 57 million users to hackers. A…
World Massachusetts Requires Most Students To Get Flu Vaccine To Ease Burden On Health System During Pandemic August 20, 2020 Ekemini Massachusetts will require most students who are six months or older to get the flu vaccine this year as the state prepares to handle both Covid-19 and seasonal influenza this…
Business World Treasury Yields Retreat After Jobless Claims Disappoint August 20, 2020 Ekemini Treasury yields fell on Thursday after the government’s latest report on the U.S. unemployment situation showed that the number of Americans filing for jobless benefits for the first time climbed…
Banking World Citibank Sent A Hedge Fund $175 Million By Mistake. Now It’s Struggling To Get The Money Back August 20, 2020 Ekemini Citibank has a big problem: It mistakenly wired roughly $175 million to Brigade Capital Management, and the hedge fund hasn’t returned the money. The US banking giant filed a lawsuit…
World Raging Fires, A Heat Wave And Coronavirus: California Battles Several Crises August 20, 2020 Ekemini Major wildfires continue to spread across Northern California on Thursday as thousands more residents are forced to evacuate their homes and resource-strapped firefighters battle the blazes. California has been hit…
Local World UK Kicks Against Death Sentence Over Blasphemy August 20, 2020 Ekemini The United Kingdom has joined the call for observation of human rights in Kano on Wednesday as it opposes the death sentence passed on a Kano musician, Yahaya Sharif-Aminu, by…
Investing This Lender Wants To Close The Racial Wealth Gap And ‘Put Poverty Out Of Business’ August 20, 2020 Ekemini When the coronavirus pandemic left Michele Hamed furloughed from her waitressing job, she panicked. The 45-year-old single mother from Jacksonville, Florida, had nothing saved in case of emergency. “We weren’t…
Business Lord & Taylor Is Closing Two Dozen Stores. Here’s A Map Of Where They Are August 20, 2020 Ekemini Department store chain Lord & Taylor is closing two dozen stores for good as it continues to search for a buyer to restructure under Chapter 11 bankruptcy protection and keep…
Local World Delta Will Keep Blocking Some Aircraft Seats Through Early January To Calm Travelers Nervous About Virus August 20, 2020 Ekemini Delta Air Lines will continue to limit the number of passengers it allows on each flight through early January in an effort to win over potential customers worried about flying…
World White House Coronavirus Advisor Dr. Anthony Fauci Recovering From Vocal Cord Surgery August 20, 2020 Ekemini White House coronavirus advisor Dr. Anthony Fauci, one of the leading health experts during the country’s fight against the coronavirus, underwent surgery on his vocal cords and is recovering at…
Investing A Troubling Tale Of A Black Man Trying To Refinance His Mortgage August 20, 2020 Ekemini This Black borrower has an outrageous story about his mortgage refinance. When the coronavirus struck the U.S. in early spring, and the stock market went into freefall, mortgage rates began…
World Judge Throws Out Trump Challenge To Manhattan DA Subpoena For Tax Records August 20, 2020 Ekemini President Donald Trump’s effort to fight a prosecutor’s subpoena for his tax records was rejected Thursday by a federal judge, handing another loss to the president in a high-profile case…
Business Johnson & Johnson To Start Late-Stage Coronavirus Vaccine Trial In September With Up To 60,000 People August 20, 2020 Ekemini Johnson & Johnson plans to begin what would be the largest, late-stage trial testing a potential coronavirus vaccine in September, the company confirmed Thursday. The phase three trial would enroll…
Business American Airlines Halting Service To 15 Small Cities After Federal Aid Runs Out In October August 20, 2020 Ekemini American Airlines said Thursday it plans to cut service to 15 small U.S. cities with low demand in October after the terms of federal aid requiring the flights expires. American…
Business Volkswagen Now Has Another Electric SUV To Take On Tesla August 20, 2020 Ekemini Production has started in Germany on the first electric SUV from the Volkswagen brand, marking the latest push by the world’s largest carmaker into cleaner vehicles. Volkswagen announced Thursday that…
World U.S. Weekly Jobless Claims Top One Million In Setback To Labor Market Recovery August 20, 2020 Ekemini The number of Americans filing a new claim for unemployment benefits rose unexpectedly back above the 1 million mark last week, a setback for a struggling U.S. job market crippled…
Business World Olympique Lyonnais Shares Fall After Champions League Defeat August 20, 2020 Ekemini Olympique Lyonnais’ (OL) shares fell on Thursday after the French soccer club’s defeat by Bayern Munich in the Champions League semi-final. Lyon’s shares, which had risen at the start of…
Business Local Nigeria: NBA Hails Buhari For Signing CAMA 2020 August 20, 2020 Ekemini Chairman of the Nigerian Bar Association (NBA) Section on Business Law (SBL) Mr. Seni Adio (SAN), has praised President Muhammadu Buhari for signing into law the new Companies and Allied…
Local Nigeria: We Won’t Accept ‘Satanic’ CAMA – CAN Vows August 20, 2020 Ekemini The Christian Association of Nigeria has rejected the Companies and Allied Matters Act 2020 (CAMA), dismissing it as “satanic”. The apex Christian body said CAMA “would snuff life out of…
World Ethiopian Airlines Defies FG, Resumes Flight To London Friday August 20, 2020 Ekemini There were indications on Wednesday that some international airline operators may have been violating the ban on international commercial flights as Ethiopian Airlines indicated that it would fly the Lagos-London…
Business Home Rental Company Airbnb Set To Go Public, File IPO August 20, 2020 Ekemini Short-term home rental company Airbnb said on Wednesday it filed confidentially for an initial public offering with US regulators, setting the stage for one of 2020’s marquee stock market debuts.…
Business Alibaba Beats Estimates As Pandemic Fuels Online, Cloud Computing Demand August 20, 2020 Ekemini China’s Alibaba Group Holding Ltd (BABA.N) beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses benefited from the coronavirus-led shift to online shopping…
Business In U.S.-China Tech War, Investors Bet On China’s Localisation Push August 20, 2020 Ekemini As the U.S.-China “tech war” widens, investors are betting on China’s efforts to replace U.S. technologies with indigenous applications to run networks in the state sector. In recent months, local…
Business World Emirates Airline Says It Expects To Serve 100% Of Its Destinations By Summer 2021 August 20, 2020 Ekemini Dubai state carrier Emirates Airline will serve all of its 143 destinations by the summer of 2021, with the frequency of flights depending on demand, the company’s chief operating officer…
Technology Facebook Wins Preliminary Approval To Settle Facial Recognition Lawsuit August 20, 2020 Ekemini Facebook Inc won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users…
Local Passengers Coming Into Nigeria’ll Undergo COVID19 Tests 48-72 Hours Before Arrival -NCAA August 19, 2020 Ekemini The Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu, has said that incoming passengers would have to pay for COVID19 tests 48-72 hours before arriving Nigeria…
Business Local Nigeria’s Foreign Assets At Risk As Enron Seeks to Enforce $22m Arbitration Award August 19, 2020 Ekemini Nigeria is making frantic efforts to stop Enron Nigeria Power Holding (ENPH) from enforcing a $22 million arbitration award that could risk the country’s assets in the US, TheCable can…
Business Local Nigeria Naira Eases To 480 On Black Market On Plans To Reopen Airports August 19, 2020 Ekemini Nigeria’s naira fell 1.04% on Tuesday to a low of 480 on the black market after the government said it would reopen airports for international travel in two weeks’ time,…
Business Local Nigeria: Importers, Others Kick Against Surcharge On Cargoes August 19, 2020 Ekemini Nigerian importers have decried the huge surcharge imposed on them by international shipping firms for cargoes brought into the country. Also, some critical industries in the country are groaning under…
Banking Business World Sterling Unfazed By Higher Inflation, Still Driven By Dollar August 19, 2020 Ekemini Sterling remained driven by the weaker U.S. dollar on Wednesday in thin August trading, even though British inflation jumped unexpectedly last month to its highest since March. FILE PHOTO: A…