Day: August 27, 2020

QAnon Popularity Surges During Pandemic As People Stay Home, Go Online

Marjorie Taylor Greene, the Georgia congressional candidate who’s supported the far-right and baseless QAnon conspiracy theory, tweeted that she’s been invited to the White House for President Donald Trump’s speech accepting the Republican nomination.

President Trump’s embrace of Greene and QAnon launched the conspiracy into mainstream political and social media circles, despite the group being linked to real-world violence and anti-semitic views.

“I don’t know much about the movement other than I understand they like me very much, which I appreciate but I don’t know much about the movement. I have heard that it is gaining in popularity,” President Donald Trump said in an August 19 White House Press Conference.

Experts say the COVID-19 pandemic has also boosted the popularity of QAnon.

“Around March, which is when Lockdown was really impacting the US at first, there’s a huge spike in people interacting with QAnon on mainstream social media,” says Blyth

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Johnson to launch drive to get Britain back to the office

(Reuters) – British Prime Minister Boris Johnson will launch a public campaign next week to get Britain back to the workplace, as ministers warn working from home will make people more vulnerable to being sacked, The Telegraph newspaper reported https://www.telegraph.co.uk/news/2020/08/27/go-back-work-risk-losing-job-major-drive-launched-get-people on Thursday.

The campaign will extol the virtues of returning to the office and provide reassurance that it is a safe place, while a new online tool will help people avoid the most-crowded trains and buses, the report said.

“There will be three main messages: showing people the workplace is a safe place to return to, highlighting the social benefits and the emotional case for going back to the office, and encouraging people to plan how they are going to go back so they feel confident about doing so,” the report added, quoting a government source.

The report added that Finance Minister Rishi Sunak is worried about further job losses,

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Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam

A group of people pushed a man into a gray minivan on a dark street. The man yelled, “Help! Help! No!” and pushed against the van. Passersby shouted, “Let him go!” and tried to stop the van. The man was finally stuffed inside and the van left. 

This blurry video, apparently filmed by an unidentified witness Wednesday night in Kyiv, Ukraine, and circulated by local news publications Thursday morning, might mark a new chapter in the story of Bitsonar, a crypto investment firm that raised millions of dollars from investors in the U.S. and Europe, which they are now unable to access.” data-reactid=”20″This blurry video, apparently filmed by an unidentified witness Wednesday night in Kyiv, Ukraine, and circulated by local news publications Thursday morning, might mark a new chapter in the story of Bitsonar, a crypto investment firm that raised millions of dollars from investors in the U.S.

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Gap Inc. Posts Loss in Q2; Digital, Cash Flow Strong

Gap Inc., seeing sales decline 18 percent, had a net loss of $62 million last quarter, compared to a profit of $168 million in the year-ago period.

Sales fell to $3.27 billion for the quarter, down from $4 billion in the second quarter a year earlier. For all of 2019, Gap had $16.6 billion in revenues.

On Thursday, Gap’s chief executive officer Sonja Syngal, and chief financial officer, sounded more upbeat about the company’s performance and confident in its portfolio – Old Navy, Gap, Athleta and Banara Republic – than they have in quite awhile. And they also characterized Gap Inc. as being very agile  in uncertain times.

“We are a leaner, faster, more focused Gap Inc. I have never felt stronger that (Gap Inc.’s) four brands have the right to grow,” said Syngal, during a conference call with analysts. “I feel great about the extended management team…We win in

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PayPal cracks down on for-profit ‘schools’ misrepresenting PayPal Credit

PYPL) is taking action after for-profit schools began misrepresenting deferred interest loans as zero-cost loans from PayPal Credit to entice prospective students.” data-reactid=”16″PayPal (PYPL) is taking action after for-profit schools began misrepresenting deferred interest loans as zero-cost loans from PayPal Credit to entice prospective students.

letter sent last week from the Student Borrower Protection Center (SBPC), Americans for Financial Reform, Student Debt Crisis and Allied Progress to PayPal CEO Daniel Schulman.” data-reactid=”17″“We have already begun taking action against some of the entities mentioned in the letter that have been found to be using inaccurate or misleading messaging/characterization of our products,” PayPal spokesperson Joe Gallo stated, referring to the letter sent last week from the Student Borrower Protection Center (SBPC), Americans for Financial Reform, Student Debt Crisis and Allied Progress to PayPal CEO Daniel Schulman.

PYPL), a $240 billion-dollar payment processing juggernaut, comes after the consumer groups behind the

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How to Borrow Money at Today’s Low Rates

If you want to buy a house, refinance your mortgage or buy a car, record-low interest rates may have you convinced that the world of borrowing is your oyster. But this oyster is increasingly difficult to crack.

The average interest rate for a 30-year fixed-rate mortgage, for example, has hovered around 3% for weeks, an astonishing development for anyone who remembers double-digit rates from the ’80s and early ’90s. Not surprisingly, many people are eager to take advantage of low rates to buy a home or refinance an existing mortgage.

But even if you have a secure job, taking advantage of these bargain rates may prove more difficult than you anticipated. The sharp economic downturn and continued uncertainty induced by the coronavirus pandemic has made lenders extremely cautious, says Matthew Speakman, economist at the real estate firm Zillow. “Borrowers are being scrutinized right up until the deal is closed,” he

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Ontario Premier Ford calls U.S. ‘terrible example’ of how to reopen after a pandemic

Yahoo News Canada is committed to providing our readers with the most accurate and recent information on all things coronavirus. We know things change quickly, including some possible information in this story. For the latest on COVID-19, we encourage our readers to consult online resources like Canada’s public health website, World Health Organization, as well as our own Yahoo Canada homepage.

As cases of COVID-19 continue to spread around the world, Canadians seem to be increasingly concerned about their health and safety.

Currently, there are more than 4,800 active cases of COVID-19 in Canada (with more than 125,000 diagnoses so far) and 9,000 deaths. Nearly 90 per cent of the country’s reported COVID-19 cases have recovered.

Check back for the latest updates on the coronavirus outbreak in Canada.

For a full archive of the first month of the pandemic, please check our archive of events.

August 27

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Online Sales a Highlight for Destination XL in 2nd Qtr.

Destination XL Group’s online business provided a bit of a bright spot in an otherwise dismal second quarter.

The largest men’s big and tall retailer in the U.S. said sales on its web site increased 69 percent for the period ended Aug. 1, and coupled with some earlier-than-expected store openings, the company said it is cautiously optimistic about the future.

The Canton, Mass.-based retailer reported that its net loss for the period was $10.7 million, compared to break-even income in the prior year’s second quarter. Adjusted EBITDA for the second quarter was a loss of $4.3 million compared to $7.1 million in the prior-year quarter. Total sales decreased 38 percent to $76.4 million from $123.2 million in the second quarter of fiscal 2019. Because stores were closed for much of the quarter and continue to operate with reduced hours, the company declined to provide comparable-store sales figures, saying they were

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Stocks mixed after Powell’s inflation plan; Walmart, Microsoft rally on TikTok deal

try and nudge inflation higher.” data-reactid=”16″Wall Street ended a choppy session on a mixed note Thursday, with major benchmarks struggling to extend their win streak as investors digested stubbornly high unemployment data — but took heart from Federal Reserve Chair Jerome Powell’s pledge to try and nudge inflation higher.

persistence of low inflation over the last eight years risks new economic difficulties. ” data-reactid=”17″Powell unveiled a new framework of thinking for the central bank that will tolerate inflation “moderately” above its 2% target. The Fed also committed to reviewing this policy every five years. The Fed chief warned that the persistence of low inflation over the last eight years risks new economic difficulties. 

“On the one hand, with the framework review out of the way, it gives the Fed something to do at the September [Open Market Committee] meeting: namely, introduce new, more aggressive forward guidance,” said JPMorgan

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College student stunned by ‘insane’ celebrity sighting in his online class: ‘What’s he doing there?’

This might be what celebrity sightings look like in 2020.

University of Kentucky student Dylan Smith was totally caught off guard during his first Zoom class of the year. The reason? He was sharing a virtual class space with a famous athlete.

Smith shared his discovery on TikTok. In the clip, he reveals that he’s classmates with All-Star NBA point guard John Wall.

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Wall, who is currently with the Washington Wizards, played college ball at Kentucky. He’s reportedly finishing his degree online while recovering from a major Achilles injury.

Whether Smith knew that or not, he certainly seemed impressed by the celebrity sighting.

“You’ll never guess who’s in my class,” he wrote in his video.

In the clip, Wall looks just like any other student trying their best to pay attention. He’s seemingly sitting in a bed —

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