Covid: Sunder Pichai joins Global Task Force

Friday, 7 May 2021, 05:32:18
Three Indian-American CEOs Sunder Pichai from Google, Punit Renjen from Deloitte and Shantanu Narayen from Adobe have joined the steering committee of the Global Task Force on Pandemic Response, which is overseeing an unprecedented corporate sector initiative to help India successfully fight COVID19.The names of the three Indian-American CEOs were added to the list of the steering committee on Thursday.The three CEOs have been active in organising US companies' response to the COVID-19 crisis in India.Others who were added to the list on Thursday are Mark Suzman, CEO, Bill & Melinda Gates Foundation; Joshua Bolten, president and CEO, Business Roundtable and Suzanne Clark, president and CEO, US Chamber of Commerce.The task force is a newly formed public-private partnership organised by the US Chamber of Commerce and supported by Business Roundtable. It is working with the Chamber's US-India Business Council and the US-India Strategic Partnership Forum to take immediate actions to help address the COVID-19 surge in India.The US corporate sector so far has committed more than 25,000 oxygen concentrators for India.
— Economic Times India

FedEx to airlift Covid supplies to Mumbai for free

Thursday, 6 May 2021, 16:31:30
FedEx will airlift over 3,400 oxygen concentrators and convertors as well as 2.65 lakh masks from Newark in the US to Mumbai on May 8 for free, a company statement said on Thursday. These items will be delivered to healthcare facilities in Mumbai, the statement added. India has been badly hit by the second wave of coronavirus infections and hospitals in several states are reeling under a severe shortage of vaccines, oxygen, drugs, equipment and beds. FedEx said it is working with customers and non-profit organisations to deliver hundreds of tonnes of medical supplies and aid into India in the days and weeks ahead. The express transportation company has a fleet of around 670 aircrafts. “On May 8, FedEx is donating a FedEx Boeing 777F charter flight to move more than 3,400 oxygen concentrators, converters and nearly 265,000 KN95 masks for direct relief from Newark, New Jersey to Mumbai, India,” FedEx stated. New coronavirus cases and deaths in India hit a record daily high with 4,12,262 new infections and 3,980 fatalities being reported, taking the total tally of COVID-19 cases to 2,10,77,410 and the death toll to 2,30,168, according to the Union Health Ministry data updated on Thursday.
— Economic Times India

Man fatally struck by FedEx truck moments after another accident, cops say

Wednesday, 5 May 2021, 17:55:31
Neville Stephan died after he was ejected from his car during a collision with a FedEx truck in Long Island, moments after he was involved in an accident with another car.
— New York Post

The Dogecoin Joke Is Turning Serious in Latest Crypto Binge

Wednesday, 5 May 2021, 13:06:17
(Bloomberg) — For anyone who still thinks Dogecoin is a joke, there are 90 billion reasons that say it’s not.That’s how much the digital token is now worth in dollar terms after another 40% gain in the 24 hours through Wednesday. Useless or not, the coin has been swept up in the crypto mania that’s gripped markets awash in central bank largesse. It’s the latest milestone in a year of speculative excesses for a market Nouriel Roubini once described as “the mother of all bubbles.”While in the past, trillions of dollars in stimulus by governments and central banks might have triggered a rush into gold for the inflation-wary and risky stocks for the intrepid, a deluge of cash this time round is flooding into the nascent crypto market. Few illustrate this better than Dogecoin, an essentially useless cryptocurrency that’s become the destination for a horde of day traders egged on by Internet buzz and a self-propelling buying frenzy.Also read: Should You Buy Dogecoin and How Is It Different From Bitcoin? “At some point, something is just real,” said Sam Bankman-Fried, the Hong Kong-based chief executive officer of the FTX crypto exchange. “If Dogecoin is stupid and valueless, it shouldn’t be worth $90 billion.
— Yahoo Finance

Dogecoin Fulfills ‘Doge Day' Goal Of 69 Cents Weeks Later, Surpasses Snapchat, GM In Valuation

Wednesday, 5 May 2021, 09:01:48
The joke cryptocurrency Dogecoin (DOGE) touched a fresh all-time high in the early hours of Wednesday, crossing the much sought-after 69 cent mark. What Happened: DOGE touched $0.6953 minutes before press time. The meme cryptocurrency now has a market capitalization of $89.70 billion, which it puts ahead of Snap Inc (NYSE: SNAP ), which has a valuation of $84.98 billion and General Motors Company (NYSE: GM ), which has a market cap of $80.24 billion. See Also: How to Buy Dogecoin (DOGE) Gilead Sciences, Inc (NASDAQ: GILD ) and FedEx Corporation (NYSE: FDX ) are some other large companies that are trailing the Shiba Inu-themed coin in terms of … Full story available on Benzinga.com
— Benzinga