Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

U.S. President Joe Biden tests positive for COVID

Published

on

The 79-year-old has tested positive for the virus after being fully vaccinated and twice boosted

President Joe Biden said Thursday that he has tested positive for Covid-19 but will continue to work while in isolation at the White House despite his mild symptoms. In a video posted to Twitter, Biden told Americans that he is “doing well” and that his symptoms continue to be mild.

“I guess you heard, this morning I tested positive for Covid. But I’ve been double vaccinated, double boosted. Symptoms are mild and I really appreciate your inquires and concerns. But I’m doing well, getting a lot of work done. Going to continue to get it done and in the meantime, thanks for your concern and keep the faith. It’s gonna be OK,” Biden, said while unmasked and standing outside on the Truman Balcony. The White House says the 20-second video was filmed by a masked and socially distanced videographer.

Meanwhile, White House press secretary Karine Jean-Pierre was asked several times during the daily briefing where the President may have contracted the virus—especially since he recently returned from a trip to the Middle East with stops in Israel and Saudi Arabia. However, she said that it doesn’t matter where President Biden contracted COVID-19, and that the most important thing is that he was fully vaccinated and double boosted.

Then, reporters asked Dr. Ashish Jha, White House Coronavirus Response Coordinator, where Biden may have caught the virus. After Jha said he didn’t know, Jean-Pierre interjected to say again it’s not important.

At 79-years-old, Biden is at high risk for experiencing severe illness however officials say at the moment there is no talk of transferring power to the vice-president.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

Continue Reading

News

Intel and AMD Join Forces to Shape the Future of x86 Chips

Published

on

In a groundbreaking development, Intel and AMD—two of the biggest names in the tech industry—are teaming up to shape the future of x86 chip technology.

 

The tech giants have established a joint advisory group to influence the design of chips that power a wide range of devices, from personal computers to large-scale servers. This collaboration marks a significant shift in the industry, as Intel and AMD, traditionally fierce rivals, work together to set new standards for chip innovation.

The aim of this partnership is clear: to stay ahead of rapid changes in the tech world and drive the future of computing. Industry experts predict that this joint effort could lead to significant advancements, with the potential to reshape the landscape of processor technology. The implications for everything from computing performance to energy efficiency could be vast.

 

Continue Reading

News

How the U.S. THAAD missile deployment to Israel will change Middle East security

Published

on

Pentagon sends THAAD system and 100 U.S. troops amid growing regional tensions

The United States has announced the deployment of its advanced THAAD missile defense system to Israel, along with 100 U.S. troops to operate it. This move is seen as a significant step in strengthening Israel’s defense capabilities amid rising security concerns in the Middle East.

The Pentagon confirmed that the Terminal High Altitude Area Defense (THAAD) system is fully operational in Israel, enhancing the nation’s ability to intercept and neutralise incoming missile threats.

This deployment comes at a time when regional conflicts and tensions, particularly involving Iran, are intensifying.

How it’s designed

The THAAD system is designed to complement Israel’s existing missile defense systems, such as the Iron Dome, by providing an additional layer of protection against long-range missile threats.

The U.S. has a long-standing defense relationship with Israel, and this latest move signals deeper military cooperation between the two nations.

With this deployment, the U.S. sends a strong message to regional actors, particularly Iran, about its commitment to defending Israel and maintaining security in the Middle East. The strategic implications for neighbouring countries are also noteworthy, as the increased U.S. military presence could impact ongoing diplomatic efforts in the region.

As tensions rise and the deployment of THAAD unfolds, questions remain about the potential challenges and risks this advanced defense system might pose.

Continue Reading

Money

Boeing’s financial turbulence leads to bold cash-raising moves

Published

on

Company eyes new credit and shares to survive as strikes and delays weigh the company down

Boeing is taking drastic steps to secure its future, seeking to raise at least $10 billion by selling new shares and securing a fresh credit line.

The iconic manufacturer has been struggling this year with major setbacks, including a 737 MAX mishap in January and a machinist strike that halted production.

In filings made Tuesday, Boeing revealed plans to issue up to $25 billion in shares or debt over the next three years while locking in a $10 billion credit deal.

Sources say the company will aim to raise around $10 billion from its upcoming stock offering.

Boeing called the moves “prudent steps” to ensure access to liquidity as it faces growing financial challenges.

Its stock, which began the year at $250, rose 2% to about $152 after the announcement, as analysts expressed relief over Boeing’s efforts to stabilize its cash flow.

The machinist strike, which started last month, has intensified the company’s cash problems, with Boeing burning through $1 billion per month before the walkout.

Boeing hasn’t posted a profit since 2018, and the coming months will be critical as it battles to recover.

Continue Reading

Trending Now