Peacocks fashion chain bought out of administration: 200 stores and 2,000 jobs SAVED

2020 Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on December 2, 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a … Read more

White House uses ‘Biden-Harris Administration’ tagline on official website and Twitter

White House uses ‘Biden-Harris Administration’ tagline on its official website and Twitter page in nod to VP amid President Biden’s ‘expectation’ he will seek reelection The White House uses the phrase on its web site and on social media Biden has said Harris is the ‘last voice in the room’ on decisions  He said Thursday … Read more

Nancy Pelosi says the Biden administration has the border situation ‘under control’

Two migrant teens drowned while trying to cross the Rio Grande River back to into Mexico after being caught on the U.S. side of the border by patrol agents, a disturbing new video shows.  The tragic crossing comes after House Speaker Nancy Pelosi claimed the situation at the border was ‘under control’ even as government figures show … Read more

‘There is no way to strangle China’: Talks with the Biden administration get off to a bad start

China has bluntly accused the United States of attempting to ‘strangle’ it, on the opening day of talks which descended into a remarkably hostile litigation of each others’ shortcomings. The U.S. delegation, led by Secretary of State Anthony Blinken, spoke out against China’s actions in Hong Kong and Tibet; its handling of the COVID pandemic; … Read more

Football Index enters administration and announces suspension

Football Index, the online gambling platform, has entered administration and been suspended after a market crash at the weekend sparked fury and disgust from investors. The under-fire company announced on Thursday evening that, after discussions with ‘external’ legal and financial advisors, the decision was made to help find an ‘agreeable way forward’. Administrators Begbies Traynor … Read more

Mike Pompeo says Biden administration should push China to allow scientists to inspect labs

Mike Pompeo says Biden administration should push China to allow scientists to inspect labs where viruses are being researched or face ‘real risk’ of another global pandemic Pompeo claimed the State Department had ‘highly vetted’ info that pointed to ‘significant evidence’ that the virus came from the Wuhan Institute of Virology The former Secretary of … Read more

Biden administration drops Trump’s objections to a global digital tax on US tech giants

Biden administration drops Trump’s objections to a ‘global digital tax’ on US tech giants, paving the way for a deal by summer Treasury Secretary Yellen told G20 on Friday that a global tax can go forward Plan would set a global minimum corporate tax rate and rules for multinationals Trump’s objections would have let Google, … Read more

Biden administration pledges almost $200 million to help identify and track coronavirus variants

The Centers for Disease Control and Prevention (CDC) is investing almost $200 million to help better identify and track coronavirus variants.  Currently, the federal agency maps the DNA no more than 0.5 percent of all positive samples of the virus. But, described as a ‘down payment,’ officials say the money will help scale-up the number … Read more

Four former Biden coronavirus advisers call on administration to recommend widespread use of N95s

Health and safety experts are calling on President Joe Biden‘s administration to recommend the widespread use of N95 masks The memo, obtained by CNN, has about a dozen signatories, including four members of Biden’s former coronavirus board that advised his transition team.  The signatories, most of whom are doctors, say they want the Centers for … Read more

Biden administration fears it could take nine months to reach herd immunity

The US may not reach herd immunity and return to some semblance of normalcy until Thanksgiving at the current pace of COVID-19 vaccinations and speed of variant spread, Biden administration officials told the Daily Beast.  That’s far later than the end-of-summer target date by which Dr Anthony Fauci has estimated that American life might get … Read more