Saudi Aramco's shares soared after the world’s largest IPO debuted on the Riyadh stock exchange. The Schork Report editor Stephen Schork joins Yahoo Finance’s Zack Guzman, Sibile Marcellus and Clearnomics Founder & CEO James Liu on YFi PM to discuss.
- Yahoo News
Fresh off his inauguration Wednesday, President Biden began his term with executive orders on measures ranging from curbing the coronavirus pandemic to addressing racial inequality, many of which roll back measures enacted by former President Donald Trump’s administration.
- The Telegraph
Police in Portland, Oregon have arrested fifteen suspects after a mob of around 200 alleged Antifa members smashed up the Democrat headquarters and federal immigration offices in the city on Wedensday, while three people were arrested after a crowd in Seattle attacked buildings and burnt a US flag. The two Pacific Northwest cities have been hotspots for protests and violence since the Black Lives Matter demonstrations began last year in the aftermath of the death of George Floyd. There were also protests in Denver, Colorado; Columbus, Ohio and Sacramento in California. Portland Police released photographs of eight of the 15 arrested suspects as well as images of confiscated items including knives, batons and bullet-proof vests.
- The Week
The evenly split Senate is having a hard time agreeing who's in charge.Georgia's two new Democratic senators were sworn in Wednesday, giving Republicans and Democrats 50 senators each, with Vice President Kamala Harris as a Democratic tiebreaker. The two parties are now working out a power-sharing agreement, but Senate Minority Leader Mitch McConnell's (R-Ky.) commitment to the filibuster is standing in the way.McConnell on Thursday formally acknowledged Sen. Chuck Schumer (D-N.Y.) as the chamber's new majority leader. But as he has been for days, McConnell again implored Democrats to preserve the filibuster that lets a senator extend debate and block a timely vote on a bill if there aren't 60 votes to stop it. Democrats "have no plans to gut the filibuster further, but argue it would be a mistake to take one of their tools off the table just as they're about to govern," Politico reports; More progressive senators do want to remove the option completely.If his filibuster demands aren't met, McConnell has threatened to block the Senate power-sharing agreement that would put Democrats in charge of the body's committees. But Democrats already seem confident in their newfound power, with Sen. Jon Tester (D-Mont.) telling Politico that "Chuck Schumer is the majority leader and he should be treated like majority leader." Giving in to McConnell "would be exactly the wrong way to begin," Sen. Richard Blumenthal (D-Conn.) echoed.Other Democrats shared their resistance to McConnell's demands in tweets. > McConnell is threatening to filibuster the Organizing Resolution which allows Democrats to assume the committee Chair positions. It's an absolutely unprecedented, wacky, counterproductive request. We won the Senate. We get the gavels.> > -- Brian Schatz (@brianschatz) January 21, 2021> So after Mitch McConnell changed the Senate rules at a blistering pace during his 6 years in charge, he is threatening to filibuster the Senate's organizing resolution unless the Democratic majority agrees to never change the rules again.> > Huh.> > -- Chris Murphy (@ChrisMurphyCT) January 21, 2021More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit Biden removes Trump's Diet Coke button from the Oval Office Trump's team fired the White House chief usher right before Biden took office, maybe at Biden's request
The European Union and Turkey pressed each other on Thursday to take concrete steps to improve relations long strained by disagreements over energy, migration and Ankara's human rights record. Turkey, which remains an official candidate for EU membership despite the tensions, is facing the threat of EU economic sanctions over a hydrocarbons dispute with Greece in the eastern Mediterranean, but the mood music between Brussels and Ankara has improved since the new year.
- Yahoo News
With the Senate poised to begin debate on Donald Trump's impeachment charge, House Speaker Nancy Pelosi said some Republican House members might also face consequences over their actions leading up to the riot at the Capitol.
Beau Biden, who served in the Guard, is buried at St. Joseph on the Brandywine Church cemetery in Greenville, Delaware.
- CBS News
The vice president's residence at the Naval Observatory, where Harris will live, is undergoing repairs.
- Associated Press
The master tenant of a cluttered, dilapidated San Francisco Bay Area warehouse where 36 people perished in a late-night fire in 2016 is scheduled to plead guilty Friday to the deaths, avoiding a second trial after the first ended in a hung jury. Families of several victims told the East Bay Times last week that prosecutors told them Derick Almena, 50, will plead guilty to 36 counts of involuntary manslaughter in exchange for a nine-year sentence. Almena may serve little or none of that term because of time already spent behind bars and credit for good behavior.
- Yahoo News
Counterintelligence official Michael Orlando joins a growing chorus of voices on both sides of the political aisle who point to China as a major national security threat, particularly in terms of technology and cybersecurity.
- CBS News
Vice presidents since Vice President Walter Mondale have been living in the residence at the Naval Observatory in Washington, D.C.
The United Nations Office for Coordination for Humanitarian Affairs said on Wednesday it has halted programs in Venezuela that provide cash transfers to the poor via local nonprofit organizations. The U.N. office known as OCHA is asking the government of President Nicolas Maduro to establish clear rules regarding cash transfers. "We're working with pertinent authorities so that the (cash transfer programs) are in line with the country's financial/banking regulatory framework with the aim of reactivating them, guaranteeing the safety of humanitarian workers and continuing to support ... vulnerable people," OCHA said in an email.
- Architectural Digest
800 feet up in the sky, the Dreamy 6,000 square foot space offers panoramic views from the East River to the HudsonOriginally Appeared on Architectural Digest
- Associated Press
Indonesian authorities on Thursday ended the search for remaining victims and debris from a Sriwijaya Air jet that nosedived into the Java Sea, killing all 62 people on board. Transportation minister Budi Karya Sumadi said retrieval operations have ended after nearly two weeks, but that a limited search for the missing memory unit from the cockpit voice recorder will continue. The memory unit apparently broke away from other parts of the voice recorder during the crash.
- Yahoo News
With Joe Biden sworn in as president, the long wait for Donald Trump’s health care plan is now officially over. If he ever had one, no one ever saw it.
- The Week
A Delaware News Journal reporter captured a powerful, private moment on Wednesday as Joe Biden gave his first address as president of the United States. "Poignant moment," the reporter, Patricia Talorico, captioned the photo, which swiftly went viral. "While Joe Biden gave his inauguration speech, a lone man in a uniform knelt at the Delaware grave of his son Beau."> Poignant moment: While Joe Biden gave his inauguration speech, a lone man in a uniform knelt at the Delaware grave of his son Beau. pic.twitter.com/QkCuJRHzTz> > — Patricia Talorico (@PattyTalorico) January 20, 2021As Talorico explained in a subsequent article, "Delaware is a tiny state." She described how back in 2002, when she was struggling with an assignment from her editor, Beau Biden approached her to ask if she was okay while she sat alone on a bench at an elementary school in Wilmington. "He wasn't in office at the time," she wrote. "He was just being kind. It wasn't a grand gesture, just a small one, but somehow, it made a difference that day. I never forgot that act of kindness."On Wednesday, Beau — who died of a brain tumor in 2015 at the age of 46 — was on Talorico's mind, and she decided to drive by his grave to say "a short prayer" when she saw "a lone man in a blue uniform kneeling at Beau's grave. No one else was around … In my car, I had the radio tuned to CNN. Joe Biden was being sworn in as president and was about to begin his address."As Talorico writes, "The journalist in me wanted to go back and find out [the man's] identity and ask why he was there. The person who once received a kind gesture from Beau when I needed it most knew it was a time to be respectful, and I drove away." Read her full story at Delaware News Journal.More stories from theweek.com Biden removes Trump's Diet Coke button from the Oval Office 7 brutally funny cartoons about Trump's White House exit Trump's team fired the White House chief usher right before Biden took office, maybe at Biden's request
The U.S. Senate on Wednesday approved Avril Haines as the Director of National Intelligence, the nation's top intelligence job, making her the first of President Joe Biden's nominees to be approved. The vote was 84-10, with all the "no" votes coming from Republicans. Both Democrats and leading Republicans issued statements praising the nominee.
- FOX News Videos
Sen. Lindsey Graham, R-S.C., reacted to Amazon offering President Biden help to distribute the vaccine after President Trump left office.
- Associated Press
A powerful earthquake shook parts of the southern Philippines on Thursday night, but authorities said it was too deep to cause major damage and no tsunami warning was issued. The quake measured magnitude 7.0 and was located 95.8 kilometers (60 miles) below the sea and about 210 kilometers (130 miles) southeast of Pondaguitan in Davao Occidental province, the U.S. Geological Survey said. In Davao city, President Rodrigo Duterte’s hometown, some residents ran out of their houses as the ground shook and power cables and business signs swayed, but there were no reports of damage or injuries.
- National Review
Senator Lindsey Graham (R., S.C.) on Wednesday warned fellow Republicans that if they try to “erase Donald Trump from the party, you’re going to get erased.” “I hope people in our party understand the party itself,” he told Fox News hours after President Joe Biden was sworn-in. “Most Republicans like his policies. A lot of Republicans like his style,” Graham said. “A lot of people are disappointed with him personally at times but appreciate the outcomes he’s achieved for our country.” Asked if he thinks Trump will try to start another political party — according to the Wall Street Journal, the former president is toying with the idea of forming a “Patriot Party” — Graham said he hoped Trump does not, adding that he would like to see him “stay the leader of the Republican Party.” He defended Trump’s presidency as “a good four years for judges, for rebuilding the military, for bringing order to the border, for historic peace agreements in the Mideast.” He also commended the former president’s appointment of three Supreme Court justices. “I hope President Trump understands that his legacy and his best future lies with the Republican Party,” he said. He added that removing Trump from the party “would be a disaster … The one way Democrats can survive is for the Republican Party to crack up. The best way for the Republican Party to crack up is try to move forward without Donald Trump.” A number of Republicans have disavowed Trump in recent weeks after a mob of his supporters stormed the U.S. Capitol on January 6, leaving five people dead. A handful of House Republicans joined Democrats in voting to impeach the president for “incitement of insurrection.”
- The Week
"C'mon, give me a break, man," President Biden told a reporter Thursday, when asked if his goal of getting 100 million Americans vaccinated in his first 100 days is too modest. "It's a good start, 100 million." Biden was right that when he "first made this pledge, it was an ambitious goal," Politico's Renuka Rayasam writes. "But now it's only a modest bump from the pace of vaccinations that he inherited," and experts agree it won't cut it anymore."At a pace of 1 million doses a day, the virus wouldn't be contained until sometime in 2022," Politico reports. Peter Hotez, a vaccine expert at the Baylor College of Medicine, said the U.S. needs to vaccinate 2-3 million people a day to quash the pandemic by September, and the sooner the better, given the rise of new, more contagious variants. "We've blown every other opportunity," Hotez said. "This is all we have left.""I love that he set a goal, but a million doses a day?" Dr. Paul Offit, the director of the Vaccine Education Center at Children's Hospital of Philadelphia, told The New York Times. "I think we can do better," and actually "we are going to have to if we really want to get on top of this virus by, say, summer."Currently, U.S. vaccination efforts are constrained by supply shortages and inefficient distribution of the two approved vaccines, from Modern and Pfizer/BioNTech. "States are expected to run out of doses of the Pfizer and Moderna vaccine within days," Politico says. But both companies are ramping up production, and Johnson & Johnson's one-dose vaccine is expected to hit the shelves by the end of February, so there should be amply supply to significantly exceed Biden's current goal by April.In the meantime, Biden's administration should focus "on fixing the hodgepodge of state and local vaccination centers that has proved incapable of managing even the current flow of vaccines," the Times reports, citing experts. Biden has requested $20 billion to vastly expand vaccination centers, and he wants to hire 100,000 health care workers to administer the vaccines. If he can do that, former FDA director Dr. Mark McClellan tells the Times, it should "push the number beyond a million doses a day and probably significantly beyond."More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit Biden removes Trump's Diet Coke button from the Oval Office Trump's team fired the White House chief usher right before Biden took office, maybe at Biden's request