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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Nov 13, 2020
Page
5
U S consumer prices held steady in October the smallest rise in five months suggesting summer price spikes are fading amid ongoing coronavirus cases. Core inflation also unchanged as officials stress tame price gains. After a 1.2 percent year over year rise overall and 1.6 percent core inflation remain well below the Fed 2 percent target.
Noveto Systems unveils SoundBeamer 1.0 a desktop device that beams 3-D audio directly to a listener without headphones. The system locates the ear and sends ultrasonic sound pockets, letting users hear music or game audio privately while others in the room remain undisturbed.
Deutsche Bank researchers urge a 5 percent daily tax on employees who work from home to raise funds for lower income workers. The plan, pegged to a $55,000 average home salary, could produce up to 48 billion dollars in the United States and similar sums in Germany and the United Kingdom, though critics call it unfair and impractical.
Cane Health, a private Miami firm serving 103000 plus patients in Florida Texas Nevada and Puerto Rico, will merge with SPAC Jaws Acquisition to pursue value based care for Medicare Advantage patients. The deal values Cano Health at about 4.4 billion including 690 million cash and 800 million stock placement, with BlackRock Maverick Starwood Capital investors. The combined company will trade as CANO in 2025, led by Cane Health CEO Dr Marlow Hernandez and Jaws chairman Barry Sternlicht.
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