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Member since: Thu Oct 24, 2019, 10:43 AM
Number of posts: 792

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North Carolina hospital network fires around 175 staffers for not getting vaccinated

Source: MSN/NBC

A large North Carolina hospital network says that it has fired nearly 200 workers for failing to take a Covid-19 vaccine.

Dr. David H. Priest, chief for safety for Novant Health, said at a Tuesday press briefing that roughly 175 staffers did not comply with their vaccine mandate deadline.

"By doing that, by not getting vaccinated, they voluntarily resign," Priest said.

The departures will not impact staffing at the hospital system of over 35,000 employees, Priest said, because the hospital has been using temporary staff for the duration of the pandemic to make up for shortages from staff falling ill with Covid.

Read more: https://www.msn.com/en-us/news/us/north-carolina-hospital-network-fires-around-175-staffers-for-not-getting-vaccinated/ar-AAOVUZf

David Priest was quoted as saying they "voluntarily resigned". That they were "fired" was MSN/NBC's wording, from my reading of the article.

Dallas Fed President Robert Kaplan Resigns Amid Scrutiny Over Trading -- Hours After Boston Colleague

Source: Forbes

The presidents of the Dallas and Boston branches of the Federal Reserve Bank, Robert Kaplan and Eric Rosengren, respectively, announced their retirements hours apart on Monday, weeks after they said they would sell their individual stock holdings after questions were raised about their trading activity from last year.

Rosengren made the announcement in the morning, citing health issues, while Kaplan released a statement several hours later saying the “recent focus” on his financial disclosure risked “becoming a distraction” for the institution.

Kaplan served as president and CEO of the Dallas branch for six years; Rosengren had been with the Boston Fed for 35 years, including 14 years as president, and was originally set to step down in June 2022 when he reached the mandatory retirement age of 65.

Read more: https://www.forbes.com/sites/teakvetenadze/2021/09/27/dallas-fed-president-robert-kaplan-resigns-amid-scrutiny-over-trading---hours-after-boston-colleague-steps-down/

Don't know that there's any significance to this. Just two people monetizing their "service" to the country a bit too early?

China Evergrande unit to make $35.9 million onshore coupon payment on Sept 23

Source: Yahoo Finance

In a Shenzhen exchange filing, Hengda Real Estate Group Co Ltd said the company would make a coupon payment on its Shenzhen-traded 5.8% September 2025 bond on time on Thursday.

The company's coupon payment totals 232 million yuan ($35.88 million), according to Refinitiv data.

Read more: https://finance.yahoo.com/news/china-evergrande-unit-35-9-015931862.html

This situation is _highly_ fluid but I felt it was worth discussing that their strategy seems to be veering towards prioritising onshore debt obligations.

Makes a sense in that their working class have a lot tied into this company.

This isn't national news in the most narrow sense but how this company is wound down will likely have more repercussions than the average foreign bankruptcy, and it will be interesting to compare China's approach with how we wound down firms during the 2008 bailouts.
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