Author: Beaver County Radio

Darvish shines as Chicago Cubs beat Pittsburgh Pirates 6-3

Darvish shines as Chicago Cubs beat Pittsburgh Pirates 6-3
By JAY COHEN AP Sports Writer
CHICAGO (AP) — Yu Darvish pitched six shutout innings and Jason Heyward drove in two runs, leading the Chicago Cubs to a 6-3 victory over the Pittsburgh Pirates. Darvish allowed two hits, struck out seven and walked one, bouncing back nicely after he struggled in his first start last weekend against Milwaukee. The Cubs are counting on the Japanese right-hander to help anchor their rotation after he finished strong last year. Chicago also got a solo home run from Jason Kipnis in its fourth win in five games. Jarrod Dyson had an RBI single for Pittsburgh.

Chicago removes its third and last Columbus statue

Chicago removes its third and last Columbus statue
CHICAGO (AP) — Chicago has removed its last remaining statue of Christopher Columbus, which had stood on display in the city for nearly 130 years but drew criticism from those who say the explorer doesn’t deserve veneration because of how he treated Indigenous peoples. The removal of the statue Thursday from its spot overlooking an intersection on the city’s South Side followed the removal last week of Columbus statues in downtown Chicago’s Grant Park and in the city’s Little Italy neighborhood. The mayor’s office decided to temporarily remove the statues after demonstrators calling for their removal clashed with police.

Antonio Brown suspended 8 games by NFL

Antonio Brown suspended 8 games by NFL
NEW YORK (AP) — The NFL has suspended wide receiver Antonio Brown for the first eight regular-season games of the 2020 season. Brown does not have a contract with any team. He was suspended Friday under the league’s personal conduct policy. Brown played one game last season for the Patriots before being released. He can be signed by any team and would be eligible to participate in all of his club’s preseason activities. The suspension would take effect when teams make their final cuts on Sept. 5.

Minute man Press Business Minute Friday July 31, 2020

Here are the latest readings of the major market indexes:

New York Stock Exchange 12392.34 down 140.95

NYSE MKT Composite Index 2057.11 down 16.35

NASDAQ: Composite 10657.27 up 69.46

Standard and Poors 500 3245.46 down 0.76

By JOSEPH PISANI AP Retail Writer
NEW YORK (AP) — Amazon is one step closer to space. The online shopping giant received government approval to put more than 3,200 satellites into orbit that would beam down internet service to earth. Amazon said the satellites could provide internet to parts of the world that don’t have it. It could also become a new business for Amazon, selling internet service to people or companies who want it. Amazon said it will spend $10 billion on the initiative, called Project Kuiper. It’s opening a research facility in Redmond, Washington, where the satellites will be designed and tested.

By CHRISTOPHER RUGABER AP Economics Writer
WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. Pay and benefits increased 0.5% in the second quarter, down from 0.8% in the first three months of the year. Wages and salaries rose just 0.4%, while benefits jumped 0.8%.

 

Fauci optimistic COVID-19 vaccine will be widely available

Fauci optimistic COVID-19 vaccine will be widely available
By RICARDO ALONSO-ZALDIVAR and MATTHEW PERRONE Associated Press
WASHINGTON (AP) — Dr. Anthony Fauci is telling lawmakers that once a coronavirus vaccine is approved as safe and effective, Americans should have widespread access within a reasonable time. Appearing before a House panel investigating the nation’s response to the pandemic, Fauci on Friday expressed “cautious” optimism that a vaccine would be available, particularly by next year. Fauci’s message in recent days has been Americans can’t afford a devil-may-care attitude toward COVID-19 and need to double down on basic measures such as wearing masks, keeping their distance from others and avoiding crowds.

Doctors Try Pressurized Oxygen Chambers in COVID Fight

Doctors try pressurized oxygen chambers in COVID fight
By MARGIE MASON and ROBIN McDOWELL Associated Press
As researchers around the world search for ways to treat the growing number of people suffering from the coronavirus, medical researchers in New York are trying hyperbaric oxygen therapy, best known for treating divers with decompression sickness. But the researchers say the use of the hyperbaric treatment is met with skepticism by the wider medical community because fringe supporters have long touted it as a virtual cure-all without scientific evidence.  The therapy is only approved for 13 types of treatment — from burns to deep wounds and carbon monoxide poisoning. Researchers as hoping to secure funding for a larger clinical trial.

Big Tech Surge Props up Wall Street, Though Caution Reigns

Big Tech surge props up Wall Street, though caution reigns
By STAN CHOE AP Business Writer
NEW YORK (AP) — Strong gains for Big Tech stocks are helping to prop up Wall Street in early Friday trading following blowout profit reports from some of the market’s most influential companies. The S&P 500 was 0.1% higher, on track to close out its fourth straight winning month. Despite the steadiness, caution was still clearly present across markets as the pandemic continues to cloud the economy’s prospects. The 10-year Treasury yield hovered close to its lowest level since it dropped to a record low in March. Gold also briefly rose above $2,000 per ounce, while nearly three out of four stocks in the S&P 500 were lower.

US consumer spending up 5.6%, but virus could stall gains

US consumer spending up 5.6%, but virus could stall gains
By MARTIN CRUTSINGER AP Economics Writer
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus’ resurgence in much of the country could impede further gains. Last month’s rise in consumer spending followed a seasonally adjusted 8.5% surge in May after spending had plunged the previous two months when the pandemic shuttered businesses, caused tens of millions of layoffs and sent the economy into a recession.

‘You won’t be safe,’ Pence Warns During Campaign Stop in Greensburg

‘You won’t be safe,’ Pence warns in Pennsylvania campaign
By MARC LEVY Associated Press
Vowing to bring “peace and security to cities across America,” Vice President Mike Pence carried the Trump campaign’s message of law and order to exurban Pennsylvania. At a “cops for Trump” rally Thursday outside in Greensburg, Pence warned of rising violence in cities, castigated Democrats’ calls to defund police and framed November’s election as being about safety and security. Pence told the crowd in southwestern Pennsylvania, about 24 miles (15 km) southeast of Pittsburgh, that “you won’t be safe in Joe Biden’s America.” Democrats responding to Pence’s visit to Pennsylvania focused on what they called the Trump administration’s botched coronavirus response and lack of leadership.