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#1 Fed’s Powell: US fundamentals remain strong, but coronavirus poses evolving risk to outlook Top 40 Media Play All Play list

Federal Reserve chairman Jerome Powell just released a statement on how the Fed will respond if the coronavirus outbreak worsens. CNBC's Steve Liesman reports.

Federal Reserve Chairman Jerome Powell said the coronavirus “poses evolving risks” to U.S. economic growth and signaled the central bank is prepared to cut interest rates if necessary to support the country’s longest-ever expansion.

The statement issued Friday by Powell before the financial markets closed for the U.S. weekend came as stocks posted their seventh-straight daily loss, a slump which earlier prompted a string of Wall Street banks to predict the Fed would soon start reducing rates. Yields on U.S. Treasury securities, one of the world’s safest assets, have fallen to record lows.

“The fundamentals of the U.S. economy remain strong,” Powell said in a brief statement Friday. “However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy.”

The S&P 500 jumped after the statement was released and continued to pare earlier losses.

#2 Google celebrates illustrator Sir John Tenniel’s 200th birth anniversary

Childhood is a time when the creativity and imagination in a child are at an all time high. Reading novels, listening to fables and devouring books is not only intellectually stimulating but also a rewarding experience for young kids. However, nothing fans the flame of fascination in children quite like illustrations do. The good folks at Google are honouring one of the finest illustrators of recent times, Sir John Tenniel, with a doodle.

#3 Stocks dive over COVID-19 fears

North American stock markets opened with another dive Friday morning after markets fell in Japan, China and South Korea over fears of COVID-19. The Dow Jones Industrial Average could be looking at its worst week since 2008. 

Big Lots — Shares of Big Lots tumbled nearly 30% after the retailer posted a quarterly earnings miss. The company reported earnings per share of $2.39 in the fourth quarter, below analyst expectations of $2.68 per share, according to FactSet. Big Lots also said it expects a “challenging” first quarter due in part to “the sales impact of supply chain disruption related to the coronavirus.”

Apple — Shares of Apple dipped 1.7%, after being down more than 4% earlier in the day. Apple’s stock briefly dipped into bear market territory, down more than 20% from its most recent 52-week high. Apple has been hit over fears the coronavirus would hurt demand in China, as well as disrupt its supply chain there. The company said last week that it will likely not meet its guidance for the first quarter because of the virus impact.

Cruise lines — Cruise stocks stopped their long decline and traded higher on Friday morning. Norwegian Cruise Lines spiked 4.6%, while Royal Caribbean rose 3.9% and Carnival was up 3.2%. All three are still down about 20% or more for the week. Deutsche Bank downgraded Royal Caribbean and Norwegian to hold overnight, and kept Carnival as a hold, saying in a note that “we cannot realistically recommend buying them.”

Wayfair — Shares of Wayfair plummeted more than 12% following its disappointing earnings results. The online furniture retailer reported a loss of $2.80 per share, larger than the loss of $2.65 per share expected on Wall Street, according to Refinitiv. The issue for Wayfair has long been how to turn a profit. The company has been criticized for spending too much money on advertising to acquire new customers on the internet.

Airlines — Major airline stocks fell on Friday as flight cancellations and travel advisories continued to expand due to the epidemic. Delta, American and United all dropped more than 3%, and United announced that it is reducing its flights to Asia. Southwest and JetBlue were off more than 1%.

Beyond Meat — The alternative meat company dropped more than 17% after the company reported a surprise quarterly loss. Beyond Meat posted a loss of 1 cent per share for the previous quarter even as quarterly revenue tripled on a year-over-year basis.

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#6 Coronavirus Patient’s Pet Dog Tests Positive for ‘Low Level’ of Virus

The pet dog of a coronavirus patient in Hong Kong has been found to have a “low level” of the virus, the Hong Kong government said early Friday.The dog tested “weak positive” for the coronavirus, the city’s agricultural and fisheries department said in a statement, without giving further details. Officials will carry out further tests to confirm whether the dog has really been infected with the disease, or if it was a result of environmental contamination of its mouth and nose.

#9 4 years ago Britt McHenry Avatar image 0:12 / 0:59 ESPN Reporter Britt McHenry Suspended For Foul-Mouthed Rant must be when her Brain tumor started

Thursday, February 27, 2020

Ex-ESPN reporter McHenry reveals she has brain tumor Britt McHenry shared some awful personal news on Thursday.  Fox Nation host Britt McHenry has a brain tumor and is undergoing surgery.  The Fox News staffer — who previously worked as a reporter for ESPN — revealed the news on her Twitter on Thursday, February 27.  “I was trying to keep this relatively private. But as usual, things are being said without my consent,” she wrote. “I have a brain tumor. I’m with my amazing medical team and surgery is imminent. Thank you for continued support and understanding at this time.”  I was trying to keep this relatively private. But as usual, things are being said without my consent.   I have a brain tumor. I’m with an amazing medical team and surgery is imminent. Thank you for continued support and understanding at this time.  — Britt McHenry (@BrittMcHenry) February 27, 2020  Two days prior, McHenry, 33, took to Twitter to voice how “nervous” she was about getting an MRI for her neck and brain.   MRI tomorrow for neck and brain. Never had one before, pretty nervous. 😕  — Britt McHenry (@BrittMcHenry) February 25, 2020  Despite receiving bad news following her check-up, she tweeted: “Overwhelmed by the support by friends & strangers alike. With the best surgeons and doctors. Just another thing to take on.” McHenry then urged her followers to get their MRIs early. “It could have saved me,” she said.

#10 Americans avoiding Corona beer amid coronavirus outbreak

A surprising number of people have Googled if there's a link between Corona beer and the coronavirus. To be clear, Corona is in no way related to the deadly virus. A new survey found 40% of beer drinkers are avoiding Corona as the virus spreads around the world.

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Written by top40

Hello Again and Thanks for reading it is I David "IT40" Ellenberger with an update on the status of my lawsuit against Alphabet inc case # 4:20-CV-04877-SBA  and the website and life in general. By now if you regularly visit InternetTop40.com you may have read this section "author info" or Bio. So I am adding to it with more bio and more info. I originally liked the idea of voting on the internet 20-25 years ago when I first got online with WebTV (does anyone remember that?).

The technology at that time was not advanced enough to easily be able to vote online or watch videos or much else for that matter but I was hooked and look at what we can do now with videos, IOT, and everything else, but I digress. I started InternetTop40.com about 5 years ago and the user base has been going up steadily ever since. I wanted to be another Facebook, with music and voting and that is all coming together slowly but surely. BTW if you want to help or have any interest please feel free to email me anytime.

Now in my previous Author Info or bio page I made it clear or at least I thought I made it clear, I am personally suing Alphabet inc. in Federal Court for Fraud. I have evidence to prove they are not counting all the pageviews, among other things and defrauding myself and probably millions of other website owners and content creators out of Billions of dollars. So if I wasn't clear or you didn't know it's true I am suing Alphabet inc. in Federal Court for Fraud the case was recently moved from my state of Kentucky to N. California to make it easier for Alphabet inc. to steam roll me or so they think. Needless to say if you are interested and I hope you are you can look the case up online under my name "David Russell Ellenberger" or the case # which is 4:20-CV-04877-SBA.

Now, I want to make it clear to you and everyone that I am not suing Alphabet inc. aka Google for fraud just because I want a million dollars for nothing. I am suing Google for fraud because I think they are committing  a serious crime with worldwide and societal ramifications, it is a  very serious problem.  I am suing Google for fraud because to put it simply the analytics numbers don't add up at least not in my favor or yours, there is something very fishy going on with the Google analytics numbers. Of course Google has an excuse for every one of them but I have reasons and the actual numbers and they don't add up, more about the numbers later.

Companies like Google are making Billions of dollars a year in profits telling us data is the most valuable thing and misleading us and misdirecting the media and the world every chance they can.  Now data is valuable and they are making billions in profits seemingly like magic but there is no magic to it just corruption and lies. One thing Alphabet inc. aka Google is really making their money from and that is advertising dollars and they are putting all of this advertising on the websites other people have created.

Websites that I have created and  websites you have created and websites millions of others around the world have created websites or content. For example Just writing a text is creating content and that's where Google puts the billions in advertising they receive and keeping most of it for themselves. Yes content others have created and yet somehow they are keeping almost all of these billions for themselves and not distributing it equitably to the real workers the true content creators who actually deserve the advertising monies. Google has made it's billions on the backs of you and me. Think about that for a minute, how can they continue to justify this? They Can't, it has to change.

For example if I were to prevail in the current lawsuit just half of the monies or $20 billion put into a basic account and compounded at 5% annually we could realistically employ over 80,000 people at $24,000 a year, indefinitely.  Sounds unbelievable but its true and if we only employed 40,000 people we could pay them approx. $48,000 a year indefinitely. Its all true. Its simply a matter of having the money and the will to do it. Now is 40,000 people a lot well yes it would be a lot of employees but with more money simply put into a trust account we could employ more people

I David Russell Ellenberger through my website InternetTop40.com am suing Google to try to help right a wrong. A wrong committed by Google that has simply gotten out of hand. Most people may think they can't do anything about it. Nothing can stop Google, the politicians don't care they use all of Googles data to further their own campaigns and line their own pockets while the rest of us keep on creating the content for Google, nothing can be done, this however is not the case, we can do something.

The politicians and Alphabet inc. aka Google have done nothing to help society at large other than organize it so they can keep more money in secret and pay off all their buddies with their fraudulently obtained money. It's gotten so bad that the politicians and others in control won't even talk about it, they ignore it and hope it goes away, they won't even try to stop google because it is helping them too much and maybe they are scared of Google or who knows what they may be thinking. But it looks like fraud and it's coming to an end.

I'm telling you we can do something and I David Russell Ellenberger an average citizen Content Creator am saying to you, I'm not scared of Google because I have nothing left to loose.  I David Russell Ellenberger am telling you there is something you too can do, if nothing else, tell all your friends to come to InternetTop40.com aka IT40, believe these words and Create your Content.

Further I promise to you and all who read this if we do prevail in the lawsuit against Alphabet Inc. We will use half of any monies we may receive to pay "content creators" a living wage. I pledge to anyone who is reading this, we will use half of any monies we may receive to help those who really do want to work on the internet and create content and tell us what they think. We will use half of any money so you can Get Paid, we want you to get paid for the content you create and get paid everyday and Get Paid to Vote create data and to be able to do this work online and from your home or anywhere in the world you care to be. Because in the words of an ancient scholar Y-O-U are the business Y-O-U are creating all the data, Y-O-U are the content creators and Y-O-U are all that matters.

Now the main thing I want you to take away form this and to know, Alphabet inc. is and has been committing fraud against you, me and everyone who uses the internet. I don't think Google started out to defraud the world it has just degenerated into this endless morass of corruption and fraud and no one seems to care, Well I care and I know you care too.  Sadly Google has been doing this with impunity for years and it is only getting worse. Please don't let them fool you with their lies and obfuscation. Do some research create some content build a website and research the analytics numbers you will find I am right. Google owes you, me and everyone online thousands if not 10's of thousands of dollars for all the data and advertising dollars they have co-opted from you and the rest of the world. So join with me don't use any Google products or file your own lawsuit in federal court against Alphabet inc. I will be glad to help you any way I can and show you how to do it if need be. It will take a sincere effort on your part but it will definitely help your self esteem, society and the world.

Now that's about all I have to say on this subject for now.  I will tell you this if you want more information or you have questions or comments for me, my email is [email protected] Thank you for reading looking and listening and believing in InternetTop40.com Please tell all your friends about us and don't forget to vote Thumbs up or down and refresh your page when your done. One last Thing, I need all the help I can get I am only 1 person but together and with todays technology we can move mountains and reframe society and our world the way we want it to be. One final note let me tell you about a new website coming to the world called IVAMP.org.... Thank you ttyl

 

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