Month: July 2020

Hoboken Coronavirus Testing Site Closed Temporarily; Updates

HOBOKEN, NJ — Hoboken Mayor Ravi Bhalla said in an update on Tuesday night that the city’s uptown coronavirus testing center will close from Wednesday through Sunday, but alternatives are being offered in nearby towns during that time.

“Dr. Brahmbhatt informed me that he is unavailable for the next three days, which will result in the Riverside testing site at 14th and Jefferson Street to be closed until Monday,” Bhalla said. “We wish Dr. Brahmbhatt and his staff a restful and well-deserved time off.”

Testing demand has remained high in this mile-square city of 53,000 people, particularly with the mayor recently saying that cases are rising again.

Over the past two days, the city’s volunteer emergency response team has fielded 400 calls for testing, Bhalla said.

In addition, Bhalla and Gov. Phil Murphy have said that New Jerseyans returning from 19 states with coronavirus spikes should get tested and self-quarantine

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Why virtual therapy isn’t as awkward as you may think

After months of staying at home cooped up with family or by themselves, people are likely itching to talk to a professional therapist. But visiting a doctor whose schedule demands seeing multiple patients a day isn’t a practical way to re-emerge into our new socially distant world. Virtual therapy could be the solution.

I’ve been doing virtual therapy for almost four years now. When I left for college in France — alongside searching for apartments, packing clothes and getting my visa — I also realized I would need to shift my method of therapy. I had the option of searching for a new therapist locally or continuing to communicate with my current therapist virtually. I had already established a good relationship with my therapist over nearly six years, so I wasn’t ready to flush that down the toilet, but I still had concerns. Could I be as forthcoming with my

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Singapore in Survival Mode Looks to Reinvent Itself. Yet Again

(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need.

The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing itself during times of crises.

Dismissed in the past as just a “little red dot” on the map, dwarfed by larger neighbors like Malaysia and Indonesia, and with no natural resources to speak of, Singapore has nonetheless transformed itself into one of the richest and most competitive economies in the world. The island nation of almost 6 million people punches above its weight as a leading international finance hub.

As Singapore’s leaders now grapple with what’s turning out to be its worst slump since independence in 1965, the ruling party is looking to extend its mandate in Friday’s election to help reinvent the economy once again. They’re already positioning for a post-Covid world with planned investment

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Pritzker’s $56 Million For ‘Fair Tax’ Values Politics Over People

CHICAGO — Back when Gov. J.B. Pritzker was secretly spending taxpayer cash on private charter flights to China to buy personal protective gear as the coronavirus crisis hit Illinois, some people would ask to poke the billionaire for not kicking in the kind of cash he spent to get elected — $171 million of his own money — to help people struggling under his stay-at-home order.

At the time, that didn’t seem fair. Pritzker did donate $4 million to the Illinois COVID-19 Response fund. Even a billionaire doesn’t deserve to be criticized for not donating enough of his own money to help people during unprecedented pandemic.

But I changed my mind about that after seeing a campaign finance disclosure filed late Friday — the start of the July 4th holiday weekend — that showed the Hyatt Hotel heir peeled off $51 million of his inherited fortune to fund a marketing

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Big Tech’s China Face-Off Risks Sparking Exodus From Hong Kong

(Bloomberg) — Facebook Inc., Google and Twitter Inc. — all of which are blocked in the mainland — are now headed toward a showdown with China that could end up making Hong Kong feel more like Beijing.

Hours after Hong Kong announced sweeping new powers to police the internet on Monday night, those companies plus the likes of Microsoft Corp. and Zoom Video Communications Inc. all suspended requests for data from the Hong Kong government. ByteDance Ltd.’s TikTok, which has Chinese owners, announced it would pull its viral video app from the territory’s mobile stores in the coming days even as President Donald Trump threatened to ban it in the U.S.

Their dilemma is stark: Bend to the law and infuriate Western nations increasingly at odds with China over political freedoms, or simply refuse and depart like Google did in China a decade ago over some of the very same

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10 Chicago Insurtech Firms That Could Win Big At The Benzinga Fintech Awards

Of all the opportunities in fintech, insurance technology might be the biggest. The $1-trillion insurance sector has remained stagnant for decades, but a few companies in Chicago are making tremendous plays to shake it up. 

These 10 insurtech companies from the Windy City are top candidates for success at this year’s Benzinga Global Fintech Awards

Convr: Manual underwriting tasks can be take a toll on administrative time and resources. Convr aims to solve this problem by creating software that leverages data science and artificial intelligence for feasible commercial underwriting.

The goal is to assist commercial insurers in providing customers with quick and accurate service while enhancing productivity and cutting out unnecessary losses. 

Convr offers solutions for mid-market and small business underwriting by reducing the loss ratio by up to one point, providing world-class customer experiences and leverage thousands of data sources, according to the company. 

Kin: Home

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How the US caught flashy Nigerian Instagrammers ‘with $40m’

Olalekan Jacob Ponle, known as "mrwoodbery" to his Instagram followers, flaunted his wealth
Olalekan Jacob Ponle, known as “mrwoodbery” to his Instagram followers, flaunted his wealth

The day after his 29th birthday in May, Olalekan Jacob Ponle posted a picture on his Instagram standing next to a bright yellow Lamborghini in Dubai.

“Stop letting people make you feel guilty for the wealth you’ve acquired,” he admonished, wearing designer jewellery and Gucci from head to toe.

A month later, the Nigerian, who goes by the name “mrwoodbery” on Instagram, was arrested by Dubai Police for alleged money laundering and cyber fraud.

The most famous of the dozen Africans nabbed in the dramatic operation was 37-year-old Ramon Olorunwa Abbas, “hushpuppi” or just “hush” as he was known by his 2.4 million Instagram followers.

Police in the emirate say they recovered $40m (£32m) in cash, 13 luxury cars worth $6.8m, 21 computers, 47 smartphones and the addresses of nearly two million victims.

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Myriad Genetics, OptraHEALTH Partner to Offer Cancer Knowledge

Myriad Genetics, Inc. MYGN recently announced a collaboration with OptraHEALTH with the aim of implementing a cognitive ChatBOT, Gene. The AI-powered ChatBOT will provide genetic and financial assistance information to prospective patients of hereditary cancer.

Notably, the Gene knowledge platform, which is a Health Insurance Portability and Accountability Act compliant, has a BOT interface and can answer a variety of health-related questions about hereditary cancer. The ChatBOT interfaces with Myriad’s online hereditary cancer quiz.

Myriad Genetics is currently planning to launch the Gene ChatBOT for its Foresight and Prequel prenatal tests and for companion diagnostic testing in oncology in the latter half of 2020.

With the recent partnership, Myriad Genetics aims to boost its oncology portfolio on a global scale. This portfolio includes various molecular diagnostic tests, all of which comprise the broader Molecular Diagnostic Testing business.

More on Gene

The ChatBOT Gene is designed to automate a pre-test process

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McConnell eyes virus aid as evictions, benefits cuts loom

WASHINGTON (AP) — An eviction moratorium is lifting. Extra unemployment benefits are ending. Parents are being called to work, but schools are struggling to reopen for fall as the COVID-19 crisis shows no signs of easing.

With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell is outlining Republican priorities as earlier programs designed to ease Americans through the pandemic and economic fallout begin to expire. He is eyeing $1 trillion in new aid.

“This is not over,” McConnell said during a visit to a food pantry Monday in Louisville, Kentucky.

The GOP leader’s next virus aid package is centered on liability protections, a top priority for Republicans seeking to shield doctors, schools, businesses and others from coronavirus-related lawsuits brought by patrons claiming injuries during reopenings.

McConnell is also considering a fresh round of direct payments targeted at those earning $40,000 a year or less. He

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Costco led the way in requiring shoppers to wear masks. Anti-mask customers are still fighting back.

Costco's mask policy continues to infuriate some shoppers.
Costco’s mask policy continues to infuriate some shoppers.

Liang Sen/Xinhua via Getty Images

  • Costco remains one of the few major retailers to make it mandatory for customers to wear masks in all stores. 

  • Two months after the retailer rolled out its new mask policy, clashes between anti-mask customers and employees or other shoppers continue to go viral. 

  • “We know some members may find this inconvenient or objectionable, but under the circumstances we believe the added safety is worth any inconvenience,” Costco CEO Craig Jelinek said when the policy was announced. 

  • Visit Business Insider’s homepage for more stories.

Anti-mask customers continue to cause problems at Costco. 

Costco was one of the first retailers to make it mandatory for customers to wear masks, rolling out a new policy in early Mary. Two months later, it remains one of the largest companies to introduce its own mask policy, instead of simply following local

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