Gottlieb says there’s growing circumstantial evidence that Covid may have originated in a lab

Gottlieb says there’s growing circumstantial evidence that Covid may have originated in a lab

Evidence that Covid-19 originally leaked from a Wuhan, China, virology lab is growing, Dr. Scott Gottlieb told CNBC on Monday, pointing to reports that three researchers from the lab sought hospital care with a Covid-like illness in November 2019. “People a year ago who said this probably came from nature, it’s really unlikely it came from a lab, maybe a year ago that kind of a statement made a lot of sense because that was the more likely scenario,” Gottlieb, a former head of the Food and Drug Administration, said on “Squawk Box.” “But we haven’t found the true source...

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Bitcoin’s trading action lately is wild even by crypto’s standards and the drama is not over yet

Bitcoin’s trading action lately is wild even by crypto’s standards and the drama is not over yet

Bitcoin is still in a stretch of double-digit intraday moves after briefly halving its value last week, and Wall Street strategists say this crazy run won’t be over anytime soon. It’s been a rude awakening for bitcoin investors who thought they could handle the crypto volatility. The world’s largest digital currency suffered a 30% one-day drop last Wednesday, falling to about $30,000 apiece. Just in mid-April, bitcoin hit a record high of $64,829. The turbulence was dramatic even by crypto’s standards. The last time bitcoin saw a decline of this magnitude was March 2020 at the height of the Covid...

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Amazon nears deal to buy MGM Studios for nearly $9 billion

Amazon nears deal to buy MGM Studios for nearly $9 billion

Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM Amazon is nearing a deal to acquire MGM Studios, the co-owner of the “James Bond” franchise and other TV and film series, for between $8.5 billion and $9 billion, according to people familiar with the matter. The deal is expected to be announced as soon as Tuesday. The Wall Street Journal reported earlier Monday that the deal could be announced this week. A deal could be announced this week, said the person, who asked not to be named because the talks are private. It would mark Amazon’s...

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Ryanair CEO says Belarus plane grounding was ‘state-sponsored piracy’

Ryanair CEO says Belarus plane grounding was ‘state-sponsored piracy’

Ryanair CEO Michael O’Leary gestures during an AFP interview at A4E aviation summit in Brussels on March 3, 2020. KENZO TRIBOUILLARD | AFP | Getty Images LONDON — Ryanair CEO Michael O’Leary asserted Monday that the decision by Belarusian authorities to divert a plane flying over its territory and to arrest a dissident journalist on board constituted “state-sponsored piracy.” He said he believed Belarusian KGB operatives were traveling on the scheduled flight from Athens for Vilnius, Lithuania. “It appears the intent of the authorities was to remove a journalist and his traveling companion … we believe there were some KGB...

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Largest ever purple-pink diamond to be auctioned sells for $29 million

Largest ever purple-pink diamond to be auctioned sells for $29 million

“The Sakura,” a 15.8-carat purple-pink diamond set on a platinum and gold ring, sold for $29.3 million. Christie’s Hong Kong A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong.  “The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond set on a platinum and gold ring, according to auction house Christie’s which organized the sale.  The diamond is classed as “fancy vivid” because of its depth of color and “internally flawless,” meaning any blemishes internally are only visible under a powerful microscope.  Christie’s said...

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EU leaders discuss sanctions after incident with Ryanair flight

EU leaders discuss sanctions after incident with Ryanair flight

LONDON — Outraged European leaders are gathering in Brussels Monday to discuss how to punish Belarusian authorities, after the forced landing of a Ryanair flight and subsequent arrest of a journalist on board. A fighter jet escorted the Ryanair flight, which was in Belarusian airspace, to land it the capital of Minsk. The authorities cited a security threat but then proceeded to detain dissident journalist Roman Protasevich. Ryanair has since called it “an act of aviation piracy” and Belarus has been widely condemned by the West. The plane had been traveling from Greece to Lithuania — two EU members — on Sunday....

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FirstGroup shareholder revolt grows over sale of U.S. bus business

FirstGroup shareholder revolt grows over sale of U.S. bus business

SAN FRANCISCO, CALIFORNIA – SEPTEMBER 13, 2018: A First Student school bus picks up students in San Francisco, California. First Student Inc. is North America’s leading provider of school bus transportation. Robert Alexander/Getty Images British multinational transport company FirstGroup is facing a shareholder rebellion over the sale of its two U.S. bus businesses — one of which operates the iconic yellow school buses — to Swedish private equity firm EQT. The Aberdeen-based company’s two top shareholders, Coast Capital and Schroders, have announced public opposition to the $4.6 billion sale of First Student, the biggest school bus operator in the U.S.,...

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Two doses of Covid vaccines provide protection against India variant

Two doses of Covid vaccines provide protection against India variant

A healthcare worker holds syringes with the Moderna and Pfizer vaccines against the coronavirus disease (COVID-19) at a vaccination centre, in El Paso, Texas, May 6, 2021. Jose Luis Gonzalez | Reuters A new study has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of Oxford vaccine give effective protection against the Covid variant first discovered in India, however it underscored the need for two doses, as both vaccines were significantly less effective after only one shot. The study, led by Public Health England also found that two doses of the vaccine were similarly as effective at protecting...

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Blinken to go to Middle East following Israeli-Palestinian violence

Blinken to go to Middle East following Israeli-Palestinian violence

U.S. Secretary of State Antony Blinken speaks at a news conference following meetings at the Danish Foreign Ministry, Eigtved’s Warehouse, in Copenhagen, Denmark, May 17, 2021. Saul Loeb | Reuters U.S. Secretary of State Antony Blinken will head to the Middle East this week on the heels of nearly two weeks of violence between Israel and Palestinians, a White House statement said Monday. “Following up on our quiet, intensive diplomacy to bring about a ceasefire between Israel and Hamas, I have asked my Secretary of State, Tony Blinken, to travel to the Middle East this week,” the statement from President...

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IAEA agrees to extend nuclear monitoring agreement by one month

IAEA agrees to extend nuclear monitoring agreement by one month

The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters ahead of a press conference by Rafael Grossi, Director General of the IAEA, about the agency’s monitoring of Iran’s nuclear energy program on May 24, 2021 in Vienna, Austria. Michael Gruber | Getty Images News | Getty Images LONDON — The United Nations nuclear watchdog on Monday said it has agreed with Iran to extend its monitoring agreement by one month. Speaking at a press conference, International Atomic Energy Agency Director-General Rafael Mariano Grossi said the new deal would run through...

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