Virginia
Gold rises on renewed US stimulus hope, dollar falls
Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...
Racist Virginia Mayor Compares Joe Biden’s Potential VP Pick To Aunt Jemima
Source: Justin Sullivan / Getty The town of Luray, Va. is best known for its caverns and as the headquarters of the sprawling Shenandoah National Park. However, the mayor of the small town is being asked to step down in the midst of a racist post comparing Joe Biden’s potential vice president pick to Aunt Jemima. As reported by WTOP, a Washington area station, Mayor Barry Presgraves took to Facebook to make the racist job, writing, “Joe Biden has just announced Aunt Jemima as his VP pick.” Presgraves, who has served as mayor of the predominately-white town of just under 5,000, has seemingly deleted the post after the chatter around wording began to gain traction online. It has been long presumed that Biden, the former vice president, will select a woman as his running mat...
The Caucasity: Koo Koo For Koffee Ken Spits & Throws Food Inside Black Owned Coffee Shop After He’s Asked To Wear Mask
Source: FG Trade / Getty A Black business owner was forced to pull herself together after being attacked by a racist over her store’s mask policy. According to a local publication, ALX Now, Abyssinia Market & Coffee House, a Black-owned Virginia based coffee shop was vandalized and the owner, Lily Damtew, was spat on after asking a white customer to wear a mask, a new policy Damtew enforced upon the reopening of her store. “Right after they left, another guy came in not wearing a mask,” said Damtew, who was also wearing a face shield at the time. “I told him that we have a sign on the door saying, ‘Please wear a mask,’ but he said, ‘No, I don’t have to wear a mask.’” It was at that point Damtew offered the man a mask to comply with Alexandria city officials who issued an executive orde...
Man Who Drove Vehicle Into Virginia Protest Crowd Is KKK Leader, Prosecutor Says
Source: Henrico County Jail / Henrico County Jail A weekend protest in a Richmond, Va. suburb was nearly upended by the acts of a man who prosecutors say is a professed Ku Klux Klan leader. Harry Rogers was hit with several charges after attempting to drive his vehicle through a throng of peaceful protestors gathering in support of George Floyd and others. As reported by local outlet the Richmond Times-Dispatch, Harry Rogers, 36, is “an admitted leader of the Ku Klux Klan and a propagandist for Confederate ideology” said Henrico County’s top prosecutor Shannon Taylor via a press statement on the matter on Monday (June 8). Over the weekend, Rogers drove into the town of Lakeside, which is just north of Richmond, on Sunday (June 7) and reportedly threatened to run protestors over who were pe...
Pusha T, Tony Draper & Ricky Davis Kick Off Feed Your City Challenge In Norfolk
Source: Paul Morigi / Getty This coming Saturday, the city of Norfolk, Va. will play host to an event featuring one of the region’s top Hip-Hop stars, a music industry veteran, and a former NBA star giving back to those in need. Pusha T, Tony Draper, and Ricky Davis have partnered together for the Feed Your City Challenge to provide relief and aid to families in the 757 hit hard by the COVID-19 pandemic. Davis, who runs The Ricky Davis Legacy Foundation, joined forces with Draper, the founder of Houston’s Suave House Records, and G.O.O.D. Music star and Heir Wave Music Group founder Pusha T. The trio will be working alongside Norfolk Mayor Kenny Alexander, Chief Larry D. Boone of the Norfolk Police Department, and the Economic Development Authority for the City of Norfolk. The Feed Your Ci...
Intelsat files for bankruptcy, seeks to restructure
Global satellite operator Intelsat filed for bankruptcy protection on Thursday, citing disruption from to its business from the virus pandemic, in a move aimed at restructuring its operations. The filing in the United States (US) bankruptcy court in Virginia listed more than $16 billion in debt. The company said in a statement it was “managing the economic slowdown impacting several of its end markets caused by the COVID-19 global health crisis.” Intelsat said bankruptcy protection would help it restructure its balance sheet as it reorganizes operations, and that business would continue during this process. The company is scheduled to receive $4.87 billion for exiting the C-band required by the US Federal Communications Commission for 5G, or fifth generation wireless networks in the United...
South African Airways to continue honouring flight obligations
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month. This is despite the clash in the expectations of the way forward for the ailing airlines which is already under business rescue. In a statement, the airline says while the disputes are being ironed out ,evacuee passenger and cargo flights will continue all through May on a charter basis. A meeting between public enterprises minister Pravin Gordhan and the business rescue practitioners are meeting today to chart the way forward. Earlier it was announced that May 8 (today) will be the last day of operations for the airline. South Africa Airways which was last run profitably in 2011, has been under business rescue since early this year aft...
Pfizer, BioNTech dose U.S first participants of trial coronavirus vaccine
Pfizer Inc. and BioNTech SE announced on Wednesday, May 6, 2020, that the first participants have been dosed in the U.S in the Phase 1/2 clinical trial for the BNT162 vaccine program to prevent COVID-19. The trial is part of a global development program, and the dosing of the first cohort in Germany was completed last week. The Phase 1/2 study is designed to determine the safety, immunogenicity and optimal dose level of four mRNA vaccine candidates evaluated in a single, continuous study. The dose level escalation portion (Stage 1) of the Phase 1/2 trial in the U.S will enrol up to 360 healthy subjects into two age cohorts (18-55 and 65-85 years of age). The first subjects immunized in Stage 1 of the study will be healthy adults 18-55 years of age. Older adults will only be immunized with ...
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No masking it: Joe Biden eyes stark contrast with Donald Trump over virus
Joe Biden squared off with Donald Trump on Tuesday over the wearing of masks one day after the White House challenger emerged from coronavirus-imposed lockdown donning one while the president attended two events bare-faced. By wearing a mask at a Memorial Day ceremony in Delaware — and by changing his Twitter profile to a photograph of him donning the black covering — Biden signalled he is putting the coronavirus front and center during the US presidential race in a nation increasingly divided over the pandemic. After the president mocked him for his protective mask, Biden hit back, blasting Trump as an “absolute fool.” It appeared to mark a new front in the war of words between the rival politicians. Trump also attended a somber Monday ceremony honoring America’s fallen, in Baltimore. Ins...