Feb. 25, 2021: Biden Launches Airstrikes in Syria, a Worldwide Chip Shortage and More
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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.