Feb. 25, 2021: Biden Launches Airstrikes in Syria, a Worldwide Chip Shortage and More
Welcome to Word on the Street where we discuss the top five most interesting links of the day. Here is what’s hot for Thursday, February 25, 2021:
Biden Administration Launches Airstrikes in Syria: In a retaliatory strike against Iranian militias, for alleged rocket attacks in Iraq, the Pentagon targeted “strategic” buildings in an airstrike. The airstrikes targeted buildings in Abu Kamal, near the Iraqi border, a known hub for Iraqi Shiite militias supported by Iran.
Worldwide Chip Shortage Expected to Last into Next Year: A global shortage of semiconductors has led to a computer chip shortage which has affected many industries, including the automobile industry. Ford and GM have shut down production of certain cars because of the lack of chips.
COVID-19 Cases in Nursing Homes Drop 89%: New federal data shows that COVID-19 cases in nursing homes has dropped 89%, likely due to mass vaccinations of residents and staff.
Sale Approved of Atlanta Dream WNBA Team: The Atlanta Dream has been sold by previous owners, who include Kelly Loeffler, a former Georgia senator. The buyers are an investor group led by Larry Gottesdiener, Suzanne Abair, and former Dream player Renee Montgomery.
FCC Approves $50 Subsidies for Low Income Households During Pandemic: The FCC’s $3.2 billion Emergency Broadband Benefit Program will provide eligible low-income households with up to a $50 per month credit on their internet bills through their provider until the end of the pandemic.