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Home Blog Page 11895

Can I Be Evicted During Coronavirus?

Author Claude Boucher 14:57, 1 July 2007 (UTC)Wikimedia

Update, Sept. 16, 2020:  On Sept. 4, the Centers for Disease Control and Prevention issued an order that protects most renters from eviction for nonpayment of rent through Dec. 31, 2020. You can find out more about whether you qualify and how to protect yourself by checking the  Consumer Financial Protection Bureau’s website. If you have an eviction pending that was filed against you between March 27 and July 24, you can still check below to see if you may be protected by a previous federal eviction ban.

President Trump to rule on TikTok deal with Walmart and  Oracle to take a 20% stake

The federal government has ordered a halt to all evictions until July 25 against tenants who can’t pay their rent in properties that have federally backed loans or that participate in certain programs. After that, landlords have to give 30 days notice to vacate, so you may be protected from legal action until August 25. Use this database to search apartment buildings nationwide to find out if your rental unit may qualify for eviction protection.  Related story →  |  About this database →

This database contains addresses for more than 177,000 buildings with five or more units that have mortgages backed by Fannie Mae or Freddie Mac; those insured by the Federal Housing Administration; and properties that are part of certain low-income housing programs. Some properties that qualify for federal protections, including ones with fewer than five units backed by Fannie Mae and Freddie Mac, are not in our database.

When State Eviction Protections Expire

State and local governments have assembled a patchwork of eviction protection rules, meaning some renters may face the threat of eviction sooner than others as reopening begins.

After Aug. 31 or End of Declared Emergency
Between Aug. 1 and Aug. 31
No Rule or Before Aug. 1

 

Microsoft and Texas Instruments Increase Their Dividends

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mage by Gerd Altmann from Pixabay

Microsoft (MSFT) declared a quarterly disbursement of 56 cents a share, up almost 10% from 51 cents. Microsoft stock is up 50% for the year. The dividend is payable Sept. 10, 2020, to shareholders of record on Aug. 20, 2020. The ex-dividend date will be Aug. 19, 2020.

Texas Instruments Inc.  raises its dividend by 13%.Texas Instruments (NASDAQ:TXN) declares $1.02/share quarterly dividend, 13.3% increase from prior dividend of $0.90.The dividend is payable Nov. 16.

In other news:Shares of  Apple dropped -3.17% from its high today, giving up $500 billion in market cap. This may be an opportunity to get in and hold for the long-term. Apple will launch first online store in India next week. Apple currently sells its products on Amazon.com Inc’s Indian unit and Walmart Inc-owned Flipkart. Apple gives shareholders a dividend of $.82 per share.

Netflix subscribers are starting to cancel their subscriptions.#cancelNetflix

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Image by Napoleon Schwan from Pixabay

Netflix subscribers are outraged over the release of the French film cuties. #cancelNetflix is the biggest trending hashtag on social media today. The movie is facing backlash for over sexualizing children performing as provocative dancers with movements that portray young girls in a burlesque style manor.   The   film uses real child actresses around the age of 11. Children should not be portrayed this way. Hawaii representative Tulsi Gabbard as well as Republican Senator Ted Cruz denounced the film for over sexualizing women below legal age.

Indiana Rep. Jim Banks called on the Department of Justice to bring legal action against Netflix.

Texas Sen. Ted Cruz on Friday asked the Justice Department to investigate whether the filmmakers “violated any federal laws against the production and distribution of child pornography,” despite the fact that the film does not showcase any nudity of underage children. “[I]t is likely that the filming of this movie created even more explicit and abusive scenes, and that pedophiles across the world in the future will manipulate and imitate this film in abusive ways,” he wrote. Source Axion

Pine-Sol ® Cleaner Receives Approval for Killing SARS-Cov-2 Virus

Cleanliness, Maid, Maintains, Cleaning, Household

Visit any store in the United States and you’ll see that it’s really hard to get spray bleach to disinfect your home. The Clorox Company (NYSE: CLX) has always been the number one brand in cleaning disinfectants.

Pine-Sol ® announced today Pine-Sol ® Original Multi-Surface Cleaner received approval from the U.S. Environmental Protection Agency (EPA) for kill claims against SARS-Cov-2, the virus that causes COVID-19, on hard non-porous surfaces. The new claims come after third-party laboratory testing proved the disinfectant’s efficacy against the virus with a 10-minute contact time on hard non-porous surfaces. Source: Clorox

Analyst Price Target on CLX $223.33 â–² (8.48% Upside) Based on 9 analysts offering 12 month price targets for Clorox in the last 3 months. The average price target is $223.33 with a high forecast of $269.00 and a low forecast of $189.00. The average price target represents a 8.48% increase from the last price of $205.87.Source TipRanks

Clorox (CLX) is a worthy  dividend stock for your portfolio paying a dividend of $1.11 per share. Clorox’s annualized dividend of $4.44 is up 4.7% from last year.

US Supreme Court judge Ruth Bader Ginsburg dies of cancer, aged 87

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Ruth Bader Ginsburg, also known by her initials RBG, was an American judge who served as an associate justice of the Supreme Court of the United States from 1993 until her death in 2020. She was nominated by President Bill Clinton.

US Supreme Court justices serve for life or until they choose to retire, and supporters had expressed concern that a more conservative justice could succeed RBG.

“Our nation has lost a jurist of historic stature,” Chief Justice John G. Roberts Jr. said of his colleague in a statement. “We at the Supreme Court have lost a cherished colleague. Today we mourn, but with confidence that future generations will remember Ruth Bader Ginsburg as we knew her–a tireless and resolute champion of justice.”

Photo Wikimedia   Jay Godwin    

Stocks to Watch: After the Bell Thursday September 18th, 2020

Now that the market is closed you have a chance to see what happened during the day and   how it may affect your portfolio. We bring you some highlights for the most active news after the closing bell. Trading stocks after hours is risky   because there is less liquidity and prices are more volatile., which makes buying and selling more difficult.   Reading after hours news helps you set up and think about your trades for the next day. It’s important to watch stock news after hours even if you’re a long-term investor.

Yet another  IPO to watch  as Unity making huge gains after Snowflake’s IPO from yesterday. The stock Unity Software Inc. (U) a software gaming stock (3D Software) surged in  its IPO debut raising $1.3 Billion.

Oracle today  down 0.70%  and Walmart Inc. (WMT)   with Oracle should   finalize a deal with   President Trump’s proposed   order to shut TikTok .   So far WeChat downloads will cease   on September 20th, 2020 including TikTok. Google with Apple will have to  remove the app from their app stores.

Walmart  To Ship Packages by Drone in Direct Competition to Amazon

High-end office furniture manufacturer and retailer Herman Miller, Inc. (MLHR) stock rose today on the news of  better-than-expected earnings. More people are working from home and are purchasing high-end furniture for home use. Earnings came in at a dollar $1.24 per share when analysts had only expected 26 cents a share. Revenue rose for the company to $626. 8 million dollars. Herman Miller, Inc. (MLHR) also reinstated its dividend.

Moderna plans to produce 20 million doses of its covid-19 vaccine candidate in 2020   in its late-stage clinical study of mRNA-1273. The stock was up 2.22%

Shares of Apple dropped -3.17% from its high today, giving up $500 billion in market cap. This may be an opportunity to get in and hold for the long-term. Apple will launch first online store in India next week. Apple currently sells its products on Amazon.com Inc’s Indian unit and Walmart Inc-owned Flipkart.

AYTU rose after market and with ground breaking Covid Technology with UV light to cure sick people and also help in surgical rooms, dental offices, airplanes and commercial use will be reporting ER next week Thursday which will be a huge benefit and cash flow in post pandemic era. SHould see a huge rise in the stock

Unity Software Inc. (U) software gaming stock surges in IPO debut 3D software firm raises $1.3 Billion.

DOJ files charges against  six people in scheme to bribe Amazon employees to ‘gain upper hand’ on Amazon’s marketplace conspiring to pay commercial bribes to employees and contractors of Amazon.com Inc. The stock fell $60.00 in trading today. Amazon today added someone with close ties to the government, retired General   Keith Alexander to serve as one of their directors. General Keith Alexander was a former director of the National Security Agency and the first commander of the US Cyber Command,

Can the  Playboy enterprise make a comeback? An offering with an acquisition company (SPAC) maybe in the works . DraftKings Inc. and other high-profile consumer brands received SPAC money for investment

Image by  Gerd Altmann  from  Pixabay

Virginia Supreme Court Rejects Kanye West’s Attempt to Get on the Ballot

SourceWikipedia to Commons.Author Bill Ebbesen
Kanye West listens to a question from a reporter during an Oct. 11, 2018, meeting with President Donald Trump in the Oval Office of the White House in Washington. (AP Photo/Evan Vucci)

RICHMOND, Va. (CN) – Virginia’s highest court Thursday denied an appeal by rapper Kanye West in his effort to get on the state’s 2020 general election ballot as a presidential candidate.

The two page order issued by the Virginia Supreme Court points to technical issues involving the appeal’s order of events and jurisdiction and maintained an injunction blocking West from the ballot. The court did not address the thorny political side of Kanye’s attempt to get on the ballot, which has drawn condemnation from some Democrats as a Trump-supported spoiler against Vice President Joe Biden’s bid for office.

Virginia Attorney General Mark Herring praised the decision.

“This case could have thrown the election into chaos,” said the Democrat who argued in filings that ballots were already being printed and readied for delivery ahead of Friday’s deadline to mail them to voters. Due to the Covid-19 outbreak, Virginia is expected to see a sharp increase in mail-in voting.

“Today’s ruling will keep things on track and help to ensure that every single vote is counted in November,” Herring added.

West’s name was being printed on ballots in Virginia at the beginning of the month until several of his state electors claimed they were  duped  into signing documents promising to support the candidate.

“They said they were collecting names for voters to be placed in a pool to be electors for the state of Virginia,” Matthan Wilson said of his interaction with members of the West campaign before Richmond Circuit Judge Joi Taylor. Wilson phoned in his testimony at the socially-distanced emergency  hearing  held earlier in the month.

“I felt I was misled into signing that document under false pretenses and I do not intend to vote for him,” he said.

Taylor issued an  order  blocking Kanye from the ballot shortly after the hearing, and West appealed with the help of Trevor M. Stanley of Baker & Hostetler.

Virginia’s highest court accepted written arguments from both parties in relation to the court’s jurisdiction on the election dispute and West responded with a lengthy brief, including arguments on the merits of the case, last week.

“[Richmond Circuit] court apparently failed to consider the likelihood that any misunderstanding was the result of miscommunication and not outright fraud,” Stanley argued. “And it is eminently plausible that [Wilson] was told his obligation would be to vote for Mr. West if he won the statewide vote, but the other contingencies – i.e., the contingency of voting for other candidates – was lost in translation.”

However that argument failed to sway the court.

“We’re glad the West campaign’s fraud was not able to insert itself into the election this year,” said Justin Sheldon with Breit Cantor who represented Wilson and other plaintiff electors from around the state.

While Herring defended the Virginia Department of Elections and board president Robert Brink   from Wilson’s claim, the Democrat, who recently announced a run for reelection in 2021, suggested the West campaign could have been guilty of fraud and asked the court to make the final call in the case.

“Illegal and underhanded behavior has no place in Virginia elections,” Senior Assistant Attorney General Heather Lockerman told Judge Taylor. “We’re here to listen and support whatever finding the court makes.”

Thursday’s loss marks the third of the week for West after courts in  West Virginia  and Wisconsin similarly booted him from their state’s ballots.

Alongside his run for president, West has displayed outlandish behavior over the last few months. Less than 24 hours before Thursday’s bad news in Virginia, the multi-award-wining creator of “College Dropout” posted a video of himself urinating on one of his 21 Grammys.

“Trust me…. I WONT STOP,” reads the accompanying tweet.

The West campaign could not immediately be reached for comment.

Source: Courthouse News

U.S Jobless Rate: UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

Photo Image Pixabay

With The highest recorded jobless rate of 14.7%  In April 2020, which was the highest recorded jobless rate since the Great Depression, the economy now seeks to recover after the COVID-19 pandemic.

The total number of people claiming benefits in all programs for the week ending August 29 was 29,768,326, an increase of 98,456 from the previous week. There were 1,498,917 persons claiming benefits in all programs in the comparable week in 2019.

Initial claims for UI benefits filed by former Federal civilian employees totaled 953 in the week ending September 5, a decrease of 85 from the prior week. There were 885 initial claims filed by newly discharged veterans, a decrease of 29 from the preceding week. There were 13,544 former Federal civilian employees claiming UI benefits for the week ending August 29, a decrease of 97 from the previous week. Newly discharged veterans claiming benefits totaled 13,977, an increase of 964 from the prior week.

During the week ending August 29, 50 states reported 14,467,064 individuals claiming Pandemic Unemployment Assistance benefits and 49 states reported 1,527,166 individuals claiming Pandemic Emergency Unemployment Compensation benefits.

The highest insured unemployment rates in the week ending August 29 were in Hawaii (20.3), California (17.3), Nevada (15.6), New York (15.0), Puerto Rico (14.1), Louisiana (13.6), Connecticut (11.9), Georgia (11.9), District of Columbia (11.3), and Massachusetts (11.0).

The largest increases in initial claims for the week ending September 5 were in California (+23,841), Texas (+8,618), Louisiana (+8,375), New Jersey (+2,402), and Washington (+2,173), while the largest decreases were in Kentucky (-7,219), Florida (-5,334), Pennsylvania (-2,257), Kansas (-1,915), and Michigan (-994).

Source: Department of Labor

TikTok Considers Instagram Billionaire Kevin Systrom to Fill CEO Role

File:Kevin Systrom 2018 (40980041741).jpg

 

Instagram billionaire Kevin Systrom, formerly of Facebook is being considered for the top spot position of CEO of TikTok. Systromis an American computer programmer and entrepreneur. He co‑founded Instagram, the world’s largest photo sharing website, along with Mike Krieger. In 2014, Systrom was listed in the Forbes 30 under 30 list under the Social and Mobile category.

Systrom worked at  Disney DIS administering its merger and acquisition deals and helping with the  launch of the  streaming service, Disney+.

The choice to have Systrom running the company would be a wise decision since he has already proven successful at Instagram and Disney. The fate of tick tock is still in the hands of president trump. President trump already decided that Sunday The Chinese app, WeChat will shut down in the US permanently .

TikTok has a Nov. 12 deadline that would give Oracle more time work a deal to satisfy President Trump ruling about the Chinese app.

Microsoft Had a Crazy Idea to Put Servers Under Water–and It Totally Worked

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A little over two years ago, a shipping container-sized cylinder bearing Microsoft’s name and logo was lowered onto the ocean floor off the northern coast of Scotland. Inside were 864 servers, and their submersion was part of the second phase of the software giant’s Project Natick. Launched in 2015, the project’s purpose is to determine the feasibility of underwater data centers powered by offshore renewable energy.

A couple months ago, the deep-sea servers were brought back up to the surface so engineers could inspect them and evaluate how they’d performed while under water.

But wait–why were they there in the first place?

As bizarre as it seems to sink hundreds of servers into the ocean, there are actually several very good reasons to do so. According to the UN, about 40 percent of the world’s population lives within 60 miles of an ocean. As internet connectivity expands to cover most of the globe in the next few years, millions more people will come online, and a lot more servers will be needed to manage the increased demand and data they’ll generate.

In densely-populated cities real estate is expensive and can be hard to find. But know where there’s lots of cheap, empty space? At the bottom of the ocean. This locale also carries the added benefit of being really cold (depending where we’re talking, that is; if you’re looking off the coast of, say, Mumbai or Abu Dhabi, the waters are warmer).

Servers generate a lot of heat, and datacenters use most of their electricity for cooling. Keeping not just the temperature but also the humidity level constant is important for optimal functioning of the servers; neither of these vary much 100 feet under water.

Finally, installing data centers on the ocean floor is, surprisingly, much faster than building them on land. Microsoft claims its server-holding cylinders will take less than 90 days to go from factory ship to operation, as compared to the average two years it takes to get a terrestrial data center up and running.

Microsoft’s Special Projects team operated the underwater data center for two years, and it took a full day to dredge it up and bring it to the surface. One of the first things researchers did was to insert test tubes into the container to take samples of the air inside; they’ll use it to try to determine how gases released from the equipment may have impacted the servers’ operating environment.

The container was filled with dry nitrogen upon deployment, which seems to have made for a much better environment than the oxygen that land-bound servers are normally surrounded by; the failure rate of the servers in the water was just one-eighth that of Microsoft’s typical rate for its servers on land. The team thinks the nitrogen atmosphere was helpful because it’s less corrosive than oxygen. The fact that no humans entered the container for the entirety of its operations helped, too (no moving around of components or having to turn on lights or adjust the temperature).

Ben Cutler, a project manager in Microsoft’s Special Projects research group who leads Project Natick, believes the results of this phase of the project are sufficient to show that underwater data centers are worth pursuing. “We are now at the point of trying to harness what we have done as opposed to feeling the need to go and prove out some more,” he said.

Cutler envisions putting underwater datacenters near offshore wind farms to power them sustainably. The data centers of the future will require less human involvement, instead being managed and run primarily by technologies like robotics and AI. In this kind of “lights-out” datacenter, the servers would be swapped out about once every five years, with any that fail before then being taken offline.

The final step in this phase of Project Natick is to recycle all the components used for the underwater data center, including the steel pressure vessel, heat exchangers, and the servers themselves–and restoring the sea bed where the cylinder rested back to its original condition.

If Cutler’s optimism is a portent of things to come, it may not be long before the ocean floor is dotted with sustainable datacenters to feed our ever-increasing reliance on our phones and the internet.

Image Credit: Microsoft