Author: CapitalGainsFund

Jul 6

The Ratings Game: Skyrocketing of COVID-19 cases around the U.S. slows dine-in restaurant recovery

Soaring cases of COVID-19 around the U.S. drove a week-over-week slowdown at casual-dining restaurants, according to data provided by Bernstein. Casual-dining brands include Darden Restaurants Inc.’s DRI, +0.28% Olive Garden chain and Dine Brands Inc.’s DIN, +2.39% Applebee’s and IHOP brands. The U.S. has now tallied 2.89 million cases of COVID-19, the highest in the […]
Jul 6

White House defends Trump's claim that 99 percent of COVID-19 cases are 'harmless' with chart showing 5 percent are fatal

White House press secretary Kayleigh McEnany came to her press briefing on Monday prepared to defend President Trump’s claim over the weekend that “99 percent” of U.S. coronavirus cases are “totally harmless” with two charts illustrating the country’s COVID-19 death rate. But McEnany’s slides showed a case fatality rate — the percentage of  confirmed cases […]
Jul 6

Deadly 'brain-eating' amoeba infects person in Florida

NAPLES, Fla. — An amoeba that destroys brain tissue has been confirmed in an unidentified person in Florida, health officials say. The Hillsborough County Department of Health announced the infection Friday.  The infection caused by Naegleria fowleri, commonly referred to as the “brain-eating amoeba,” is a microscopic single-celled living amoeba.  The amoeba can cause a rare […]
Jul 5

NewsWatch: ‘It’s dangerous NOT to be sending a clear message to Americans’: U.S. hits 120,000 coronavirus cases over July 4th Weekend — with surges in Florida, Arizona and Texas

MARKETWATCH FRONT PAGE Florida reported 10,059 new cases Sunday after reporting 11,458 new cases Saturday, which was second only to the daily peak of 11,571 in New York last April. See full story. Elon Musk throws his ‘full support’ behind Kanye West for president Rapper icon Kanye West, as he has teased several times before, […]
Jul 5

Rockets target US interests despite arrests: Iraq military

The US embassy compound in Baghdad, seen here in January, has been repeatedly targeted by militants (AFP Photo/Sgt. Kyle Tabot) Baghdad (AFP) – Two rocket attacks targeted American diplomatic and military installations overnight, Iraq’s security forces said Sunday, a little over a week since unprecedented arrests prevented a similar incident. Since October, US diplomats and […]