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Mobile testing units travel to Utah coronavirus hot spots




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Michelle Goldberg: Don’t shame those struggling in the lockdown




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New book: War against yellowface in the arts won a victory in Salt Lake City




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Letter: Agriculture secretary is ineffective and clueless




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Letter: Don’t tell me not to pet the rats




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Charlie Warzel: Is the cure for COVID-19 in the Rocky Mountains?




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The State Room holds a poster auction, selling 11 years of music memorabilia




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Kobe Bryant’s death raises concerns about helicopter safety

The frequency of fatal helicopter accidents has slipped in recent decades.




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Elon Musk publicly corrects Grimes over their newborn son’s bizarre name

Tesla and SpaceX billionaire Elon Musk publicly corrects girlfriend Grimes on Twitter after she explains the origin of their newborn son's unusual first name, X Æ A-12.




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Elon Musk getting a whole lot richer with new Tesla stock award valued at $726 million

Elon Musk is cruising toward another major payday.




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SEE IT: Red tide by day showers shoreline in mystical light by night off Southern California

Californians venturing onto the beach after a month of lockdown are being greeted with the ethereal sight of bioluminescent waves from an algae bloom.




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Coronavirus delays list of most popular baby names this year

The Social Security Administration will not release its list of popular baby names this year.




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Racy photos and an undisclosed killing: Sheriff’s race is Broward County’s raucous election to watch

Broward County Sheriff Gregory Tony is getting a political baptism by fire in an election that reads like a Hollywood screenplay with racy photos, a secret decades-old killing and a bitter union fight.




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California to get $247 million refund after protective mask delivery delayed

California is slated to be refunded the $247 million it paid to a Chinese car company under a massive $1 billion deal for face masks, which were not federally certified by the agreed upon deadline.




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Chris Cornell’s widow fires back at Soundgarden members in escalating legal war, says they’re tying to ‘browbeat’ her into giving up music

Chris Cornell’s widow is firing back at her husband’s Soundgarden bandmates, calling the lawsuit they filed against her Wednesday an attempt to “browbeat” her into giving up “copyrighted works.”




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Chambers Ireland urges regional recovery programme

New research from Chambers Ireland shows that the tourism, hospitality, entertainment and local services sectors all show signs of having been particularly negatively hit by the outbreak of Covid-19.




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Over €3.5 billion in prize bonds held at end-2019

Over half a billion euro of prize bonds were sold last year, according to the latest report from the Prize Bond Company.




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Covid-19 impacting 'well-being and relationships'

The Covid-19 outbreak is having a negative impact on personal relationships and well-being, while it has also led to an increase in the consumption of alcohol.




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Donohoe says Covid funding can't go on indefinitely

The Minister for Finance has said the State can afford to continue to fund the measures put in place by the Government to deal with the fallout from the Covid-19 pandemic.




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Did the Paycheck Protection Program Hit the Target? -- by João Granja, Christos Makridis, Constantine Yannelis, Eric Zwick

This paper takes an early look at the Paycheck Protection Program (PPP), a large and novel small business support program that was part of the initial policy response to the COVID-19 pandemic. We use new data on the distribution of PPP loans and high-frequency micro-level employment data to consider two dimensions of program targeting. First, we do not find evidence that funds flowed to areas more adversely affected by the economic effects of the pandemic, as measured by declines in hours worked or business shutdowns. If anything, funds flowed to areas less hard hit. Second, we find significant heterogeneity across banks in terms of disbursing PPP funds, which does not only reflect differences in underlying loan demand. The top-4 banks alone account for 36% of total pre-policy small business loans, but disbursed less than 3% of all PPP loans. Areas that were significantly more exposed to low-PPP banks received much lower loan allocations. As data become available, we will study employment and establishment responses to the program and the impact of PPP support on the economic recovery. Measuring these responses is critical for evaluating the social insurance value of the PPP and similar policies.




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Trade Credit and the Transmission of Unconventional Monetary Policy -- by Manuel Adelino, Miguel A. Ferreira, Mariassunta Giannetti, Pedro Pires

We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.




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A bridge too far: Bill Baroni, Bridget Kelly and Chris Christie committed moral crimes against New Jersey

By the time in 2015 when prosecutors indicted Chris Christie flunkies Bridget Kelly and Bill Baroni for shutting down Fort Lee’s George Washington Bridge lanes for four days in 2013 to punish the mayor for failing to endorse the big man in Trenton’s reelection, the two sick sycophants had long lost their stupid sinecures in the State House and Port Authority. And Christie had already rightly lost the trust of Jerseyans for building the hothouse in which the lichens could grow.




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Bring on the e-scooters: A Bird executive explains how New York City can smartly and safely welcome the micromobility devices

Electric scooters are coming to New York and, with a little planning and preparation, they can safely thrive here. To understand how, it helps to start with some context.




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Readers sound off on struggling small businesses, social distancing policing and solving homelessness

Lynbrook, L.I.: The news outlets have not covered the way that the smallest small businesses have been overlooked during the pandemic. As a Schedule C tax filer, I am eligible to collect Pandemic Unemployment Assistance under the CARES Act. I applied for PUA on March 16. I have been certifying for benefits every week. This entire time, my online account with the state Department of Labor says that my case is still pending.




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Office Visits Preventing Emergency Room Visits: Evidence From the Flint Water Switch -- by Shooshan Danagoulian, Daniel S. Grossman, David Slusky

Emergency department visits are costly to providers and to patients. We use the Flint water crisis to test if an increase in office visits reduced avoidable emergency room visits. In September 2015, the city of Flint issued a lead advisory to its residents, alerting them of increased lead levels in their drinking water, resulting from the switch in water source from Lake Huron to the Flint River. Using Medicaid claims for 2013-2016, we find that this information shock increased the share of enrollees who had lead tests performed by 1.7 percentage points. Additionally, it increased office visits immediately following the information shock and led to a reduction of 4.9 preventable, non-emergent, and primary-care-treatable emergency room visits per 1000 eligible children (8.2%). This decrease is present in shifts from emergency room visits to office visits across several common conditions. Our analysis suggest that children were more likely to receive care from the same clinic following lead tests and that establishing care reduced the likelihood parents would take their children to emergency rooms for conditions treatable in an office setting. Our results are potentially applicable to any situation in which individuals are induced to seek more care in an office visit setting.




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Olympic figure skater Evan Lysacek sells Chicago condo for $827,000

Lysacek, originally from Naperville, took a loss on the two-bedroom condo.




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SEE IT: Video shows random attack on real estate agent in Los Angeles: ‘Seeing my legs in the air, it’s like a movie’

A Los Angeles real estate agent was shoved backwards off a stairway and pinned to the ground by an unknown open house visitor who flashed a chilling smile at a security camera seconds earlier.




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The last home designed by Frank Lloyd Wright sells in Arizona for nearly $1.7 million. Take a look inside.

Out of nearly 20 bids at a public auction for the Norman Lykes House, the winning bid came from a man who lives out of state, Heritage Auctions told The Associated Press.




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Iconic Las Vegas wedding chapel is no longer up for sale

The owner of a Las Vegas chapel where celebrity couples like Joe Jonas and Sophie Turner have gotten married is staying wedded to her business.




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Redevelopment deal reached for former St. Paul Ford plant

A redevelopment deal has been reached for the former Ford Motor Co. plant in St. Paul that would feature thousands of new homes powered by renewable energy, officials announced Tuesday.




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Los Angeles mansion sells for about $150M, sets state record

A Los Angeles mansion built in the 1930s and seen in the credits for the TV show "The Beverly Hillbillies" has been sold for about $150 million, the highest home price ever in California.




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Artwork as a selling tool: Condos seek sales boost from paintings and sculptures

Facing signs of a slowdown in South Florida real estate sales, developers are increasingly incorporating art into their sales pitches to sell multimillion-dollar single family homes and oceanfront condo towers. Here's a look at how it works.




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Penthouse once owned by critic Richard Roeper sells for $1.21 million

A three-bedroom duplex in River North that Roeper owned from 2005 until 2014 sold Jan. 7 for 13% less than what Roeper got for it.




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Smells impacting sales, rules against growing: How the real estate market is influenced by legal marijuana

A new National Association of Realtors report revealed the ways that legalizing marijuana has impacted real estate.




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Former quarterback Michael Vick lists South Florida home | Photos

Former NFL quarterback Michael Vick is selling his Plantation home, listed at $2.399 million.




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Ousted WeWork co-founder Adam Neumann selling Manhattan penthouse for $37.5 million

Billionaire Adam Neumann, who was ousted from WeWork after the company’s botched attempt to go public last year, is selling a swanky penthouse in Manhattan’s Gramercy Park neighborhood for $37.5 million. The 41-year-old Israeli entrepreneur, whose unorthodox management style made shocking headlines in recent months, reportedly combined a four-bedroom penthouse and a three-bedroom apartment that he bought in 2017 into a massive three-story unit.




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Sober homes face challenge of finding welcoming neighborhood

As important as sober homes are to the effort to address a statewide crisis at the local level, many neighborhoods prefer not to be a part of that mission.




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Canceled open houses and virtual home tours. Realtors pivot amid pandemic to keep selling homes

Locally, the housing market got off to a great start at the beginning of the year, and all signs seemed to point to a bright spring season. And then the coronavirus struck.




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‘Be prepared for the Wild West’: As real estate’s busy season winds up, here’s how to buy or sell a home during the coronavirus pandemic

Real estate data suggests the market took a downturn in March that might already be rebounding. Here's what experts predict.




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Australian jockey banned for head-butting fellow rider

Australian jockey Luke Tarrant has been given a six-month ban after head-butting fellow rider Larry Cassidy during an altercation at Doomben.




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Cheltenham should not have gone ahead, admits HRI chief

The Cheltenham horse racing festival should probably not have been allowed to go ahead last month shortly before Britain went into lockdown due to the Covid-19 pandemic, Horse Racing Ireland CEO Brian Kavanagh has said.




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Ruby Walsh believes racing can work behind closed doors

Ruby Walsh believes enforcing social distancing should not prove too much of an issue when racing eventually resumes.




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City star Walker believes he is being 'harassed'

Kyle Walker claims he is being "harassed" after admitting that he breached lockdown rules to visit his sister and parents.




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A Multi-Risk SIR Model with Optimally Targeted Lockdown -- by Daron Acemoglu, Victor Chernozhukov, Iván Werning, Michael D. Whinston

We develop a multi-risk SIR model (MR-SIR) where infection, hospitalization and fatality rates vary between groups—in particular between the “young”, “the middle-aged” and the “old”. Our MR-SIR model enables a tractable quantitative analysis of optimal policy similar to those already developed in the context of the homogeneous-agent SIR models. For baseline parameter values for the COVID-19 pandemic applied to the US, we find that optimal policies differentially targeting risk/age groups significantly outperform optimal uniform policies and most of the gains can be realized by having stricter lockdown policies on the oldest group. For example, for the same economic cost (24.3% decline in GDP), optimal semi–targeted or fully-targeted policies reduce mortality from 1.83% to 0.71% (thus, saving 2.7 million lives) relative to optimal uniform policies. Intuitively, a strict and long lockdown for the most vulnerable group both reduces infections and enables less strict lockdowns for the lower-risk groups. We also study the impacts of social distancing, the matching technology, the expected arrival time of a vaccine, and testing with or without tracing on optimal policies. Overall, targeted policies that are combined with measures that reduce interactions between groups and increase testing and isolation of the infected can minimize both economic losses and deaths in our model.




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Inequality of Fear and Self-Quarantine: Is There a Trade-off between GDP and Public Health? -- by Sangmin Aum, Sang Yoon (Tim) Lee, Yongseok Shin

We construct a quantitative model of an economy hit by an epidemic. People differ by age and skill, and choose occupations and whether to commute to work or work from home, to maximize their income and minimize their fear of infection. Occupations differ by wage, infection risk, and the productivity loss when working from home. By setting the model parameters to replicate the progression of COVID-19 in South Korea and the United Kingdom, we obtain three key results. First, government-imposed lock-downs may not present a clear trade-off between GDP and public health, as commonly believed, even though its immediate effect is to reduce GDP and infections by forcing people to work from home. A premature lifting of the lock-down raises GDP temporarily, but infections rise over the next months to a level at which many people choose to work from home, where they are less productive, driven by the fear of infection. A longer lock-down eventually mitigates the GDP loss as well as flattens the infection curve. Second, if the UK had adopted South Korean policies, its GDP loss and infections would have been substantially smaller both in the short and the long run. This is not because Korea implemented policies sooner, but because aggressive testing and tracking more effectively reduce infections and disrupt the economy less than a blanket lock-down. Finally, low-skill workers and self-employed lose the most from the epidemic and also from the government policies. However, the policy of issuing “visas” to those who have antibodies will disproportionately benefit the low-skilled, by relieving them of the fear of infection and also by allowing them to get back to work.




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Electricity and Firm Productivity: A General-Equilibrium Approach -- by Stephie Fried, David Lagakos

The lack of reliable electricity in the developing world is widely viewed by policymakers as a major constraint on firm productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general equilibrium effects of power outages on productivity. The model captures the key features of how firms acquire electricity in the developing world, in particular the rationing of grid electricity and the possibility of self-generated electricity at higher cost. Power outages lower productivity in the model by creating idle resources, by depressing the scale of incumbent firms and by reducing entry of new firms. Consistent with the empirical literature, the model predicts that the short-run partial-equilibrium effects of eliminating outages are small. However, the long-run general-equilibrium effects are many times larger, supporting the view that eliminating outages is an important development objective.




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Cops release sketch of suspect in sexual assault of teen inside NYC college bathroom

The 17-year-old victim was entering the bathroom inside the lower level of the library at Kingsborough Community College in Manhattan Beach about 11:35 a.m. Monday when she felt someone coming in behind her, cops said.




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Defense lawyer, in closing arguments for 2016 slaying of beloved Brooklyn pizzeria owner, insists prosecutors failed to prove their case

Attorney Javier Solano, in his final jury address Friday, insisted there was a “piece that didn’t fit” in the prosecution’s presentation against murder suspect Andres Fernandez in the June 30, 2016, shooting of Louis Barbati.




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Brooklyn woman rescues rooster in Park Slope, dubs bird ‘Elizabeth Warrhen’

A Brooklyn woman discovered a wayward rooster living on the streets in Park Slope, and took it home in hopes of finding out who he belonged to.




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Brooklyn assault suspects get welcome reprieve under new reforms: No bail despite alleged violent offenses in separate cases

Two men accused of violent crimes were freed without bail from Brooklyn Criminal Court on Thursday amid growing concern about the state's new bail reform laws.