January 19, 2022

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Jes Staley Is Out at Barclays Over Ties to Jeffrey Epstein

Jes Staley Is Out at Barclays Over Ties to Jeffrey Epstein

One other warning signal for China’s economic system. Factory activity fell for the second straight month, with analysts attributing the drop to weaker home demand, rising commodity costs and slowing development exercise.

Is the Delta variant surge over? New case counts and hospitalizations are dropping in most states, although specialists fear that household gatherings over the winter holidays may result in a resurgence. In the meantime, youngsters aged 5 to 11 may start receiving the Pfizer vaccine within the U.S. as soon as Wednesday.

American Airways cancels over 1,200 flights. The cancellations, equal to about 12 % of the airline’s weekend flights, got here weeks after Southwest canceled almost 2,000 flights. Each firms cited dangerous climate and workers shortages, the latter of which is unlikely to go away anytime quickly.

Saudi Aramco’s blowout revenue underscores oil’s resurgence. The oil large mentioned that its third-quarter earnings nearly tripled from a 12 months in the past, as the value of petroleum has soared. Aramco mentioned it plans to increase output by way of 2037, but additionally plans to hit web zero emissions by 2050.

Final evening, Roblox, a gaming platform that draws greater than 40 million gamers every day, came back online after a multiday outage. The outage left Roblox’s legions of preteen followers scrambling for issues to do (some truly went exterior to play). DealBook turned to The Occasions’s Kellen Browning, a expertise reporter who has coated the rise of Roblox, for his ideas on what the prolonged outage means for the favored gaming (and promoting) platform:

When Fb suffered an outage last month, we noticed how impactful it could possibly be on communications, productiveness and extra. For youths, the “Roblox apocalypse,” as one put it, carries the identical diploma of gravity. Three-quarters of 9-to-12-year-olds within the U.S. play or have performed Roblox.

When Fb went down, some content material creators (like avid gamers) who use the platform to generate profits nervous that they could wrestle to make ends meet. Roblox isn’t any totally different. A complete ecosystem is constructed across the platform, from the impartial builders who code for video games hosted on the platform, to influencers who make Roblox-related content material on YouTube and elsewhere.

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