Month: February 2021

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  • Asian shares retreat after bumpy day on Wall Street

    first_imgBANGKOK (AP) — Shares have fallen in Asia after Wall Street ended a choppy day with mixed results as the market struggled to find direction. Hong Kong led other regional markets lower early Tuesday, dropping 1.9%. Australian markets were closed for a holiday. The S&P 500 climbed 0.4%, even though slightly more stocks fell than rose within the index. The Dow ended lower, while the tech-heavy Nasdaq rose. Traders are keeping a wary eye on rising coronavirus infections in various countries and a bumpy rollout of vaccinations in the U.S. Markets also are awaiting a meeting of the Federal Reserve which ends Wednesday and a deluge of corporate earnings reports.last_img read more

  • South Africa OKs limited use of parasite drug for COVID-19

    first_imgJOHANNESBURG (AP) — South Africa is allowing the limited use of a tropical disease medicine to treat COVID-19. The regulators acknowledge there’s not enough evidence that the drug works or is safe for COVID-19 patients. But the agency said the drug is being used anyway and it took the action to control use of the drug with monitoring. The drug has long been used elsewhere for parasites, but is only approved for animals in South Africa. Interest in the drug grew when a report suggested it might inhibit the coronavirus in a lab dish. But large, definitive experiments have not been done to establish whether it’s safe or effective for COVID-19.last_img read more

  • John Chaney, commanding Temple basketball coach, dies at 89

    first_imgPHILADELPHIA (AP) — John Chaney, one of the nation’s leading coaches during a Hall of Fame career at Temple, has died. He was 89. The university said he died Friday after a short, unspecified illness. Chaney was a commanding figure on the court and admired as much for his mentoring of players as for the team’s success. He became a de facto father to dozens of his players, many coming from broken homes. Chaney led Temple to 17 NCAA Tournament appearances over 24 seasons, including five NCAA regional finals. He had 741 wins and was twice named national coach of the year. Hlast_img read more

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