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September 19, 2021 at 9:07 pm
A tycoon has had his fortune slashed by a whopping $27 billion as China cracks down on tech firms.
Chinese billionaire Colin Huang, the founder of the e-commerce platform Pinduoduo Inc saw his fortune dropping after the stocks of his company plunged.
It is the biggest drop in wealth recorded according to the Bloomberg Billionaires Index.
In comparison, Hui Ka Yan, Chairman of Evergrande, one of China’s largest real estate developers lost $16 billion.
The Chinese mogul who owns 28 per cent of PDD, founded the company in 2015 and quickly turned it into an e-commerce giant through community buying.
According to Bloomberg, the Shanghai-based company had about 788 million active users in 2020 and its market value reached $178 billion before falling to about $125 billion.
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September 19, 2021 at 9:04 pm
The designer of the “Tax the Rich” Met Gala dress worn by Rep. Alexandria Ocasio-Cortez, D-N.Y., is not practicing that preaching, relying on unpaid interns and reportedly taxing her employees’ income but not sending the money to the government.
The parent company of Aurora James’ Brother Vellies fashion brand, Cultural Brokerage Agency, has three open tax warrants in New York state, 15 total warrants since 2015, and six federal liens from the IRS in 2018-’19 totaling $103,220, citing “failure to remit employee payroll taxes,” the New York Post reported.
“Just because they take it out of your paycheck doesn’t mean they’re sending it to the government,” Baruch College taxation lecturer David Ce...
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September 19, 2021 at 9:03 pm
A new study suggests the data on COVID-19 hospitalizations is exaggerated by the fact almost half of those hospitalized have mild of asymptomatic cases, The Atlantic reported.
Hospitalization data has been significant during the pandemic because those numbers tend to predict death totals, but they now might be losing meaning because of the testing of individuals coming to the hospital for other reasons, only to find they have mild or asymptomatic cases of COVID-19 to boot.
Hospitals may test all admissions for any reason for COVID-19, regardless of whether the stay at the hospital was due to COVID-19, and any patient in the hospital with the virus is recorded as a COVID hospitalization.
“As we look to shift from cases to hospitalizations as a metric to drive policy and assess...
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September 19, 2021 at 9:02 pm
How bad is it going for President Joe Biden’s administration right now? Even NBC News host Chuck Todd, a former Democrat presidential campaign staffer, sees it.
“I think he’s got a pretty big credibility crisis on his hands,” NBC’s “Meet the Press” anchor Todd, who worked on former Sen. Tom Harkin’s 1992 presidential campaign, said Sunday.
It is not just the allegations of Republicans and critics, but Biden’s own words on Afghanistan, the COVID-19 pandemic, and the souther border crisis.
“All of these problems, in some ways, showed up after he said something, basically, the exact opposite,” Todd continued. “Afghanistan withdrawal: It wasn’t going to be messy. It was going to look like Saigon.
“The boost...
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September 19, 2021 at 9:00 pm
British pharmaceutical giant AstraZeneca announced Sunday “groundbreaking” results in a trial of a new breast cancer drug which they say has been proven to reduce the risk of death or disease progression by 72 percent, compared to existing treatments.
The drug company said the results of its trial of Enhertu medication in treating the currently incurable HER-2-positive breast cancer showed “a strong trend towards improved overall survival.”
AstraZeneca said Enherthu, when coupled with chemotherapy, was shown to be twice as effective in controlling the disease as the similarly intravenous antibody drug TDM1, the current standard of care medication.
Three-quarters of the 500 trial patients from around the globe who had been administered Enherthu showed no progressi...
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September 19, 2021 at 8:59 pm
King Willem-Alexander officially unveiled a new memorial in the heart of Amsterdam’s historic Jewish Quarter on Sunday honoring more than 102,000 Dutch victims of the Holocaust, and the Dutch prime minister vowed that it would remind citizens today to be vigilant against antisemitism.
Designed by Polish-American architect Daniel Libeskind, who is Jewish, the memorial is made up of walls shaped to form four Hebrew letters spelling lezecher, which translates as “In Memory Of.”
The walls are built using bricks, each of which is inscribed with the name, date of birth, and age at death, of one of the more than 102,000 Jews, Roma, and Sinti who were murdered in Nazi concentration camps during World War II, or who died on their way to the camps.
Jacques Grishaver, chairm...
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September 19, 2021 at 8:55 pm
Last night we visited the arba'at haminim market in Kfar Chabad. With what did I leave besides a set of arba'at haminim for our family?I saw intensive activity in preparation for the holiday. Hundreds of people were shopping for Lulav, Hadas, Arava, and Etrog with great enthusiasm and joy as Sukkot approaches. Questions were being asked, careful inspection was going on, and hesitation about buying decisions was evident.I saw unity. Chasidim in Shabbat clothes next to a young guy in a T-shirt and flip flops choosing for themselves and their family a set of arba'at haminim.I saw many children with a sparkle in their eyes because, in the end, despite all of our gadgets, the etrog is the most exciting gadget of them all.I saw a mission. Tens of thousands of sets will be sh...
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September 19, 2021 at 6:59 pm
Former Food and Drug Administration Commissioner Dr. Scott Gottlieb on Sunday said the United States “prepared for the wrong threat” ahead of the COVID-19 pandemic.
In an interview on CBS News’ “Face The Nation,” Gottlieb said “we had this sort of illusion that we had prepared for a pandemic.”
“But they were ill-suited to the crisis we faced,” he said of those preparations. “And even the ones that were sort of appropriately measured to what we were facing weren’t ready…..I think we didn’t really have the foresight to understand that a virus could threaten us in this way. We had planned for a pandemic flu.”
“We prepared for the wrong threat,” he asserted. “But even if we ...
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September 19, 2021 at 6:58 pm
MOOSEY, Wyo. – FIRST ON FOX: Authorities say the body found in Grand Teton National Park was likely that of Gabby Petito, saying the body matched the description of the missing woman.
Authorities said the investigation is still ongoing, noting that the body has yet to be 100% positively identified.
Authorities on Sunday discovered a body at Grand Teton Nation...
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September 19, 2021 at 4:37 pm
A special ceremony was held Sunday to commemorate the 48th anniversary of the Yom Kippur War. Officials and bereaved families gathered at Jerusalem's Mount Herzl to remember the victims of one of the nation's deadliest wars.
"Something within us changed 48 years ago," Prime Minister Naftali Bennett said in his address. "The Yom Kippur War proved how dangerous complacency and arrogance can be. It taught us a lesson in humility, but also the importance of being prepared and organized.
"The heavy toll of the war was unbearable … But what many perceived as a failure, I see as a victory, for the difficult challenge of losing one's lofty status, but gaining victory nevertheless, both on the Syrian and Egyptian fronts, is remarkable."
Bennett also referred to the cap...
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September 19, 2021 at 4:35 pm
A military plane crashed in a Texas residential neighborhood on Sunday morning, resulting in at least one person being taken to a hospital in critical condition and multiple homes being damaged.
The cause of the crash during a training exercise is unknown, according to a statement from the Pentagon. The pilots self-ejected and are receiving treatment.
Lake Worth Police Chief J.T. Manoushagian said during a press conference on Sunday that authorities there responded to a call about the downed plane around 10:53 a.m. One of the pilots of the plane was tangled up in power lines after he was ejected from the plane.
Manoushagian said multiple military officials were at the scene of the crash.
In a statement to The Hill, the Pentagon said, "The two oc...
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September 19, 2021 at 4:34 pm
Sukkot in the Midbar? Did B'nai Yisroel sit in a Sukkah during the 40 years in the Midbar? Were they mekayem the mitzvah of Daled Minim? A unique shiur by Horav Michoel Sorotzkin shlit"a
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September 19, 2021 at 3:50 pm
Jerusalem, Israel – Sept. 19, 2021 – Former Baltimorean Marsha Grant gives us a quick peek at erev Sukkos shopping for Arba Minim, decorations, etc. in the streets of Yerushlayim ir HaKodesh 5782.
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September 19, 2021 at 1:44 pm
In a candid conversation with Charedi news outlets, Defense Minister Benny Gantz doubled down on previous assurances he has given that he will not partner with Netanyahu in government again – and suggested an alternative candidate for premier.
“I have no problem with a Charedi prime minister,” Gantz said. “But I have no more faith in Netanyahu, after he twice broke his promises to me. The current government is a complex one, but it is still functioning well.”
And Gantz added, “I hope that the Charedim will join the government this year. There’s no reason why they shouldn’t be part of it. We have even set aside ministries for them, mostly ones currently held by right-wing parties. I hope that they find the courage to make the move.”Gan...
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September 19, 2021 at 12:03 pm
Baltimore, MD – Sept. 19, 2021 – The Baltimore Jewish community lost a dear friend last week with the petirah, in Eretz Yisrael, of Rabbi Yaakov Blugrond, Z’L, הרב רפאל יעקב בן בנימין אלכסנדר זושא.
The family wanted to be sure to include all those in the community who knew him (and even those who missed out on a relationship with this unique individual) to share the beautiful idea of learning Mishnayos l’zeicher nishmaso.
Click here to take part.
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September 19, 2021 at 12:02 pm
New York Gov. Kathy Hochul (D) is ordering 191 inmates from Rikers Island to be released on Friday amid a severe staffing shortage, high coronavirus rates and overcrowding.
Hochul ordered that the inmates be released even though legislation she signed on Friday, called the Less is More Act and targeted at technical parole violations, isn't effective until next spring, The New York Times reported. A number of inmates who will be released have parole violations on their record.
“They have served their sentences under the dictates of the new Less is More, but they shouldn’t have to wait until the enactment date,” Hochul said on Friday, according to The Associated Press.
Additionally, Hochul said...
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September 19, 2021 at 11:21 am
Sudan, Morocco joined Abraham Accords after signing ceremony took place at White House
It will be difficult for Sudan to publicly demonstrate the African country's diplomatic breakthrough with Israel until there is a White House signing ceremony, a senior official told Israeli pubcaster Kan.
The diplomat was explaining Sudan's absence from last week's events celebrating the one-year anniversary of the Abraham Accords that normalized relations between Israel and the United Arab Emirates and Bahrain, with the later additions of Sudan and Morocco.
Muslim majority Kosovo agreed to recognize Israel as part of a separate US-brokered deal that also included Serbia moving its embassy to Jerusalem.
Sudan and Morocco did not hold signing ceremonies at the White House ...
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September 19, 2021 at 11:19 am
Quarantined Israelis began receiving text messages on Sunday from the police for option to give location
Tens of thousands of quarantined people on Sunday received a text message from the Israel Police with a link to provide their GPS location for the purpose of tracking them during the self-isolation period, according to a statement from the Public Security Ministry.
The tracking system — developed by the Israel Police with the assistance of the Public Security Ministry — was expanded after the successful completion of a pilot program in recent weeks.
Self-isolated individuals can choose not to provide their location information using their smart phone. In that case, Israel Police "will carry out increased supervision activity in the place of isolation," according to the ...
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September 19, 2021 at 11:17 am
A Tel Aviv lab has equipped good bacteria with “poisoned arrows,” which they fire at bad bacteria, dealing them a fatal blow.
“We have built an antibacterial weapon that enables ‘good’ bacteria to attack bad bacteria with toxins and neutralize them,” Dr. Dor Salomon, the lead researcher of the Tel Aviv University project, told The Times of Israel.
His team at the Department of Clinical Biology and Immunology has published an article about its success, in lab conditions, in the peer-reviewed journal EMBO Reports.
It wants to try the technology in fish farms within months, and says that within a few years it could become part of doctors’ arsenal against infections in humans.
Salomon said that since antibiotic resistance is an ever-growing wo...
