Money Management

AstraZeneca, Dreamers, Atlanta: Your Thursday Night Briefing

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Good night. Here is the last one.

2. The House voted to give millions of undocumented immigrants a path to citizenship.

The move reopened the debate over the country’s failing immigration system just as President Biden faces a growing wave of migrants at the border, including the above unaccompanied minors.

In a vote close to the party line of 228 to 197, with just nine Republicans joining the Democrats, the House decided to set up a permanent legal route for around 2.5 million undocumented immigrants. This includes those brought to the United States as children – known as Dreamers – and those who have been granted Temporary Protected Status on humanitarian grounds. The House is expected to approve a second measure later that would grant legal status to nearly a million agricultural workers and their families.

But the bills face a strong chance in the equally divided Senate. While some Republicans have pledged their support for the Dreamers in the past, their party is increasingly unite behind a tough strategy block any new immigration laws.


3. Secretary of State Antony Blinken, above, and Jake Sullivan, National Security Advisor to President Biden, meet their Chinese counterparts in Alaska.

the meeting will test a new approach in China, where the Biden administration will focus on finding allies to counter Beijing’s coercive diplomacy and ensure that China does not gain a permanent advantage in critical technologies.

It will also demonstrate Beijing’s determination to stand up to the new administration. Yesterday the United States imposed sanctions on 24 Chinese officials for violating Hong Kong’s democratic freedoms.

Separately, Russia recalled his ambassador in Washington after Mr Biden said in an interview that he believed President Vladimir Putin was a “killer.”


4. The Atlanta-area murder suspect was a customer of two of the targeted spas, according to the police.

The man, who has been charged with eight counts of murder and one count of aggravated assault, told police he was sexually addicted and had targeted the spas because he wanted to eliminate a “temptation”, denying any racist motives. A former roommate at a halfway house said the suspect tried to stop acting on his sexual urges, but had continued to frequent massage parlors for sex.

At a Congressional hearing on violence targeting the Asian community, which was scheduled a few weeks ago, Asian-American congressional women gave deeply personal testimonies describing the fear and trauma that shakes their communities.

“Last year, as I heard, at the highest levels of government, people used racist slurs like the ‘Chinese virus’ to spread xenophobia and blame innocent communities, it was all too familiar.” , said Representative Doris Matsui of California.

5. Almost half of all Californians have received unemployment assistance in the past year.

New research illustrates both the scale and the inequality of job losses during the pandemic – and clearly shows that the crisis is far from over.

According to a report released today by the California Policy Lab, 47% of the state’s pre-pandemic workforce received some form of unemployment benefit in the past 12 months. Almost 90 percent of black workers applied for benefits, compared to about 40 percent of whites. Younger and less educated workers have been particularly affected.

“We have moved steadily into a world where a large-scale problem of long-term unemployment is now a reality,” said one author of the report.

Separately, penny stocks – small companies with great investment risks – are booming as small investors flood the market. The trend is reminiscent of the 1920s, when enthusiasts swarmed the market before it collapsed.

6. NASA’s giant new moon rocket fired its engines in a crucial test of the system that could eventually bring astronauts back to the lunar surface.

Engineers applauded after the engines pulled for more than 8 minutes in a ground test that should allow NASA to move on to the next phase of flight preparation: attaching rocket thrusters, a second stage, and the Orion crew capsule. An earlier engine test was stopped by computers after only about a minute.

the the rocket is in preparation, possibly, for the Artemis I mission. The launch, pictured above, will carry the Orion module, along with a variety of small satellites on a trajectory to the Moon and orbit several times before returning to Earth. The success of this mission could pave the way for the first astronaut flight to Orion and possibly result in a moon landing.

7. Alexi McCammond planned to become editor-in-chief of Teen Vogue next week. Plagued by racist and homophobic tweets she posted in 2011, she quit.

Ms McCammond, 27, is a former Axios political reporter who was named the 2019 Emerging Journalist of the Year by the National Association of Black Journalists. As she apologized and deleted the tweets that year, pressure from Teen Vogue staff members combined with heightened concern over racism directed against Asian Americans. led to his departure.

In a statement, Ms McCammond said that “her past tweets have eclipsed the work I have done to highlight the people and issues that matter to me.”


8. Your facial print is there. Clearview will find you.

Clearview AI, a facial recognition app that has been used by at least 600 law enforcement agencies, has taken the technology to a new level by scratching at images from companies like Google and Facebook, increasing its database to a billion faces in 2018.

“It has revolutionized the way we can identify and save children,” said Erin Burke, a head of the investigation department at Immigration and Customs Enforcement.

But many defenders of civil liberties fear the evil that comes with the good. One of the main concerns is that facial recognition technology might be too flawed for law enforcement to trust. It can also allow businesses to follow us as pervasively in the real world as they already do online. Here’s what our reporter learned.


9. Superblue, a new immersive art center in Miami, is an important player in a growing field.

With an inaugural exhibit that includes giant flowers, soap bubble clouds, and a James Turrell space installation called Ganzfeld, Superblue let our art critic, Arthur Lubow, reflect on the intersection of art and entertainment in theme parks. If nothing else, he suggests, it offers an escape for those who are deprived of sensory experience and undernourished by screens. Above, “Proliferating Immense Life” from teamLab.

And, after months of delay, Super Nintendo World open in Japan, with rules on mask wearing and social distancing for visitors when running in a Mario Kart or hitting question mark blocks.

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ten. And finally, model trains whistle and hiss again.

Märklin, a 162-year-old model train manufacturer in Germany, experienced a sales boom during the pandemic and hiring new apprentices for the first time in years. Above, the workshop of the Märklin factory. While real steam has long been emitted from some models, other features, such as the ability to control trains through a phone app, have brought trains into the 21st century.

“Outside it’s total chaos, but inside, around my little train, it’s quiet, it’s picturesque,” ​​said one fan.

Is the comeback here to stay? Train makers are hopeful. “Because it’s really not the kind of hobby that you do for two weeks and then give up,” said Florian Siever, train manager at Märklin.

Have a nostalgic evening.


Your evening briefing is posted at 6 p.m. EST.

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