MARKETS LIVE: Indices open marginally higher, Nifty reclaims 10,200 mark
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MARKETS LIVE: Indices open marginally higher, Nifty reclaims 10,200 mark
Catch all the market news here. Read more
Catch all the market news here. Read more
When I was a kid, one of the old reruns that played on TV in the afternoon was a show called “Gomer Pyle.” Gomer had a number of catch phrases, one of which (see the image on the right) came to mind as I learned about another thing Donald Trump and his Republican henchmen on Capitol Hill were doing to make our economy and our society less just and definitely not great. The Trump presidency has been full of “surprises” on many fronts. Making it easier for businesses to discriminate against black and Latino Americans? Well, that’s no surprise. Since Trump entered the Oval Office, he has taken aim at the Consumer Financial Protection Bureau. The CFPB—conceived of and initially organized by Elizabeth Warren—is one of the Obama Administration’s signature achievements, one that strongly reflects the progressive value that government must act vigorously to protect regular Americans from being abused, ripped off, or mistreated by corporations and businesses. In 2013 it issued the following guidance on auto loans: Certain lenders that offer auto loans through dealerships are responsible for unlawful, discriminatory pricing. Potentially discriminatory markups in auto lending may result in tens of millions of dollars in consumer harm each year. [snip] “Consumers should not have to pay more for a car loan simply based on their race,” said CFPB Director Richard Cordray. [snip] The CFPB recommends that indirect auto lenders within its jurisdiction take steps to ensure that they are operating in compliance with fair lending laws as applied to dealer markup and compensation policies. These steps may include, but are not limited to: Imposing controls on dealer markup, or otherwise revising dealer markup policies; Monitoring and addressing the effects of markup policies as part of a robust fair lending compliance program; and Eliminating dealer discretion to markup buy rates, and fairly compensating dealers using a different mechanism that does not result in discrimination, such as flat fees per transaction. You might think that righting this wrong and combating racial discrimination in car loans sounds like a no-brainer, something that any right-thinking American could get behind. You might also think that the CFPB’s guidance here is very reasonable, as it even offers a clear suggestion on how to avoid violating anti-discrimination laws (the recommendation that lenders pay flat fees to dealers). However, if you think the Trump Administration agrees with you, well, you’re as wrong as someone who thinks orange is anyone’s natural skin color.
Because Donald Trump spent the last week at Mar-a-Lago, it was a given that by this weekend his tweets would be a garbage fire of rage, paranoia, and lies. The raid of his longtime lawyer and the release of former FBI director James Comey's book were enough to send the man into a rage regardless, but Trump is always, always worse when he has overnighted at one of his private clubs, where he seems to alternate between golf, grumbling to his wealthy friends, and hovering obsessively over his television. We'll do our duty and run down his weekend tweets, which gives us a better window into what the great orange garbage fire is thinking than any of the rationalizations his White House staff tries to tack on afterwards. But fair warning, the man is chewing the scenery again. x....non-existent Ã¢ÂÂsourcesÃ¢ÂÂ and a drunk/drugged up loser who hates Michael, a fine person with a wonderful family. Michael is a businessman for his own account/lawyer who I have always liked & respected. Most people will flip if the Government lets them out of trouble, even if....— Donald J. Trump (@realDonaldTrump) April 21, 2018 x....it means lying or making up stories. Sorry, I donÃ¢ÂÂt see Michael doing that despite the horrible Witch Hunt and the dishonest media!— Donald J. Trump (@realDonaldTrump) April 21, 2018 And he just keeps going and going.
You’d think we wouldn’t need to say this out loud in 2018, but obviously, we do: White men who are miffed that someone else besides them is in charge need to get over it. Because any slight that any of them has ever felt pales in comparison with what the rest of us have put up with for our entire lives. Washington Post columnist Richard Cohen has been getting a lot of deserved backlash for a tone-deaf column he posted with the headline, “Privilege is real. But being a white man shouldn’t disqualify me.” Cohen is a reliably conservative columnist at the Post. His readers know where his point of view is coming from. Apparently he’s still angry that he was passed over for a newsroom position 40 years ago and that he was told, “We needed a woman.” I said nothing, although I seethed. In short order, I was made a columnist, so I didn’t even get a chance to cry. But the instant rush of utter unfairness lingers. The woman chosen was qualified, but her qualification had nothing to do with her sex. I was told she was just a needed statistic. I guess he can’t process the idea that maybe the woman was chosen because she was a better fit for the job and he was being told words to make him feel better. That the publication needed a broader perspective than what he would be able to offer. That readers might want to see faces looking at them from a column photo that looked more like them, rather than exclusively pale males. Well, he got his column and he’s been writing it ever since, from the perch of one of the nation’s leading newspapers (and has been well-compensated for it, too). He’s hardly “disqualified.” So on behalf of the women, people of color, LGBTQ folks, and any other minorities who have been passed over time and time again for jobs for which they have been qualified, let me just say: Richard Cohen, shut the fuck up.
After enacting a massive tax cut for the wealthy that will create record federal deficits, House Republicans last week once again attempted and failed to pass a balanced budget amendment. This latest example of hypocritical Republican grandstanding was exactly as principled and purposeful as their thoughts and prayers after mass shootings. A balanced budget amendment would be terrible policy, but Republicans don't care about policy or the public good, anyway. Republicans do, however, love to posture—particularly in an election year. And they hope that the media will play along, which in the case of budgets often has been the case, with Democrats too often playing defense on an issue they should own. Particularly in an election year. But some in the media won't play the Republicans' game, and Democrats should seize the advantage: By now, nobody should be surprised when the Republican Party violates its claims of fiscal rectitude. Increasing the deficit — through big tax cuts, mostly for the rich — has been the defining feature of the party’s economic policy for decades. When Paul Ryan and other Republicans call themselves fiscal conservatives, they’re basically doing a version of the old Marx Brothers bit: “Who ya gonna believe, me or your own eyes?” Ever so slowly, conventional wisdom has started to recognize this reality. After Ryan’s retirement announcement last week, only a few headlines called him a deficit hawk. People are catching on to the con. Almost seven years ago, I wrote a piece with the title: The Republicans have no credibility on deficits It's not more true now than then. It's exactly as true. Republicans haven't ever been credible on deficits. But they have loved to pretend. As I wrote nearly seven years ago: When Republicans talk about deficits they are hypocrites and liars. The president and the Democratic leaders in Congress can't speak it that bluntly, but we can. And if we do, perhaps in time the president and the Democratic leaders in Congress will begin to speak it with the less emotionally charged words that the Republicans have no credibility on deficits. Any time a Democrat is on television and is asked about the politics of deficits, the response should begin with the simple message that the Republicans have no credibility on deficits. Any time a Democrat is debating a Republican on television, and the Republican mentions deficits, the response should begin with the simple message that the Republicans have no credibility on deficits. It's easy. It's factual. And with but a bit of message discipline, it could remake the nature of our political system. Ronald Reagan used the deficit as an issue when he ran against President Carter. As president, Reagan ran up the largest deficit in U.S. history. The Republicans of his era talked a lot about a Balanced Budget Amendment, while consistently voting to run up the largest deficit in U.S. history. Reagan's successor, the heir to the Bush dynasty, outdid his mentor by running up an even larger deficit. President Clinton raised taxes, eliminated the deficit and created a surplus, and just coincidentally oversaw an enormous economic expansion and near full employment. The next heir to the Bush dynasty cut taxes, eviscerated the Clinton surplus, and outdid both his father and Reagan by breaking their records for creating the largest deficits in U.S. history. He also all but broke the economy. This isn't complicated. This isn't difficult to explain. What is difficult to explain is why the Democrats don't do a better and more consistent job of explaining it. But Democrats have gotten better at it. In fact, House Minority Leader Nancy Pelosi's floor speech in opposition to the latest Republican posturing was concise, factual, and scathing in its simplicity.
Four people are dead and others injured after a man opened fire in an Antioch, Tennessee Waffle House in the early hours of the morning. Police said the suspected shooter opened fire at about 3:25 a.m. at the Waffle House at 3571 Murfreesboro Pike, which is just south of Mt. View Road. The shooting left at least four dead and four injured. Police said they are drafting warrants for murder charges against Travis Reinking, 29, of Morton Illinois, in connection to the shooting. Authorities continue to search for Reinking. Reinking, who was naked except for a green bomber jacket, was armed with an assault rifle, which was wrestled away by a Waffle House patron when the gunman attempted to reload his weapon. That man, James Shaw Jr., is being credited as a hero. The gunman, who was known to the police due to prior «interactions», is still at large as of this writing. It is the second mass shooting in Antioch in the past year. Sunday's violence took place less than two miles the mass shooting at an Antioch church in September, where one person died and nine were injured after Emanuel Samson opened fire during Sunday morning services.
This week Steve Inskeep and Carrie Johnson at NPR interviewed former FBI director James Comey. For later airplay, NPR redacted much of what was interesting about the interview. Inskeep asked: “What would you say was your greatest concern when it became clear to you that the email case was going to at some point come down to a decision by you?” James Comey: My greatest concern towards the end of that email investigation — it lasted about a year — towards the end was how does the Department of Justice, which includes the FBI, credibly close this investigation without charges and maximize public confidence that it was done in a just way. If it ends without charges. Because by the spring, if it continued on the same course and speed it was on, it looked to me like it was going to end without charges. And the credibility of the institution is important even in ordinary times. But all the more so when you're investigating one of the two candidates for president of the United States. How are you able to maintain public confidence that you're not a partisan, it's not the Obama Justice Department trying to give a break to Hillary Clinton. Comey’s concern isn’t the truth. His concern is that his organization—and subsequently, he—remain credible. And to him, credibility means not appearing partisan. The idea that we should try to please both “sides” no matter how conspiratorial one side is can corrupt organizations and people from doing what’s right into doing what is “politically correct.” From the interview, here’s more on how Comey’s view influenced his decisions and, more importantly, how propaganda networks like Fox News work to influence people into trying to be fair to conspiracy theorists.
Govt agreeable in principle to this suggestion, though Sebi itself is not
The bank has already appointed investor banker for the fund-raising.
Mumbai Indians with USD 106 million became the first IPL team to cross the USD 100 million mark.
The services will be available at the same fare as governed by the Telangana government#39;s radio taxi fares for sedans.
TCS Chief Operating Officer N Ganapathy Subramaniam said Business 4.0 has worked for the company and that the strategy has the potential to drive large-scale transformation across sectors like retail, travel and hospitality, utilities etc.
Regulation of the real estate sector remains an important driver for its growth. A well organised and regulated real estate sector is more likely to grow rapidly in the long run than an unorganised one.
Sunny Dhillon Contributor Sunny Dhillon is a partner at Signia Venture Partners. More posts by this contributor The rise of experiential commerce Approaching e-commerce investments in the age of Amazon Late last year, after Amazon announced it had acquired the rights to J.R.R. Tolkien’s epic “Lord of the Rings” saga for $250 million, I wrote […]
San Francisco’s housing crisis is painfully obvious with a homeless population of 7,499 people, according to a 2017 homeless census and survey. People lose their homes for a variety of reasons — job losses, wrongful evictions, excessive rent hikes and so forth. What sometimes prevents people from finding a new home is a lack of available […]
You’d think everybody would want to fly. It’s been a universal human dream since the first cave person saw the first pterodactyl¹. You’d think better technology, greater demand, economic growth, and population growth would mean more and more pilots. But the surprising, counterintuitive fact is that fewer and fewer people are flying, and now Earth […]
Lost in Space started out as a ’60s TV series, got rebooted in the 1990s as a feature film and has now been brought up-to-date by Netflix . On the latest episode of the Original Content podcast, we review the first season of the new show, which finds the Robinson family once again sent into […]
The Gillmor Gang — John Taschek, Denis Pombriant, Keith Teare, Esteban Kolsky, and Steve Gillmor. Recorded live Friday, April 20, 2018. G3: Privacy Fence — Mary Hodder, Maria Ogneva, Francine Hardaway, Kristie Wells, and Tina Chase Gillmor. Recorded live Friday, April 20, 2018. @stevegillmor, @jtaschek, @kteare, @DenisPombriant, @ekolsky Produced and directed by Tina Chase Gillmor […]
Generally, you can trust your organs to stay in one place, but that wasn't the case for a young woman in Michigan.
MONT-SAINT-MICHEL, France (AP) - The Latest on the evacuation of a French tourist site due to security concerns (all times local): 3:20 p.m. France's Mont-Saint-Michel abbey has reopened after several hours of searching by police failed to locate a visitor who allegedly threatened French security services. A trickle of tourists ...
CAMARILLO, Calif. (AP) - The average U.S. price of regular-grade gasoline spiked 9 cents a gallon over the past two weeks to $2.83. Industry analyst Trilby Lundberg said Sunday that the jump was driven primarily by rising crude oil costs. The current gas price is 37 cents above where it ...
Chanel is currently offering a beautiful surprise to all Chanel shoppers. The shoppers can enjoy a complimentary sample of Gabrielle Chanel fragrance with any chanel.com fragrance and beauty purchase. The offer is available in limited quantities and ends April 26, 2018.Shoppers can go for Coco Mademoiselle — an intense new facet of the personality emerges after wearing the perfume that gives a deep, powerful, and oh-so addictive fragrance that is hard to resist.The presence of deep concentration of Patchouli, which is also rich and luminous, makes Coco Mademoiselle Eau De Parfum intense having a voluptuous dimension. The embrace of soft and warm Amber accord provides that much needed sensuality to the perfume. For the uninitiated, Amber accord is a blend of Vanilla from Madagascar and Tonka Bean.Unlike Chanel’s other original products which are generally known for fresh Oriental fragrances, Coco Mademoiselle is stronger and more intense. It is loved for its sensual character that leaves a deeper trail with contrasted freshness. The perfume comes in 1.7 or 3.4 ounce sizes.Remember perfuming is an art! The Eau de Parfum Intense is available in a spray bottle to enable effortless application on clothing or skin. All you women, if you are looking to feel sultry and feminine go for it! Your beautiful surprise awaits you! Click on the slideshow for a sneak peek at the Chanel perfume http://www.blouinartinfo.comFounder: Louise Blouin
Prada has come up with new pop-up installations in Tokyo, Japan. The pop-up installation is called “Cabins.” The new pop-up installation, which was made available on April 18, 2018, will be available through April 24, 2018, at the department store by the name of Isetan Shinjuku in Tokyo.As per the brand’s website, “The concept shows an interpretation of a seaside resort, evoking the relaxed and leisurely atmosphere typical of summer vacations.”The installation includes a series of beach cabins carved out of raw wood. The beach cabins are present on a podium acting as the floating dock.“(The) Cabins are decorated with vertical stripe motifs inspired by Prada’s archive collections or with the brand’s iconic prints,” informs the website.Completing and complementing the space is the wicker armchairs from 1950s. The element that imparts ancient touch to the installation is made with blunt wooden trunks. The raw wood floor having the black-and-white checkerboard pattern juxtaposes the ancient armchair and gives a contemporary look.“The pop-up installation is presented both in The Stage space on the ground floor that is dedicated to leather goods and accessories, and in the space on the second floor dedicated to footwear,” adds the website. Click on the slideshow for a sneak peek at the installation http://www.blouinartinfo.comFounder: Louise Blouin
SPRINGFIELD, Mo. (AP) - The founder of a wilderness-themed retail giant is planning a new lodge adjacent to a well-known Missouri sinkhole. Bass Pro Shops Founder Johnny Morris announced his plans Tuesday to build a new Top of the Rock Lodge. The lodge would be next to and overlooking the ...
INDIANAPOLIS (AP) - Indiana health officials are advising residents to get vaccinated for hepatitis A if their summer plans include visits to Kentucky or Michigan. The Department of Health says significant outbreaks of the liver-damaging hepatitis A virus have been reported in Kentucky and Michigan. The agency says Kentucky has ...
SAN JOSE, Calif. (AP) For years, the San Jose Sharks seemed to have all the ingredients necessary to win a Stanley Cup. With the possible exception of a goaltender who could steal a game when the rest of the team wasn't in top form.
ANAHEIM, Calif. (AP) Japanese two-way sensation Shohei Ohtani threw a bullpen session Sunday about 90 minutes before he was to bat cleanup for the first time for the Los Angeles Angels.
DENVER (AP) Chicago Cubs star Kris Bryant has left Sunday's game after being hit on the head with a 96 mph pitch from Colorado's German Marquez.
MILWAUKEE (AP) Giannis Antetokounmpo scored 27 points, including tipping in the go-ahead basket with 5 seconds left, and the Milwaukee Bucks beat the Boston Celtics 104-102 on Sunday to tie their first-round playoff series at two games apiece.
Giannis Antetokounmpo's tip-in with 5 seconds left boosted Milwaukee past Boston 104-102
Bagnaia started from fourth place on the grid but passed Sam Lowes off the line and quickly worked his way past Mattia Pasini, as polesitter Marquez opened a one-second advantage.Bagnaia chipped away at Marquez’s lead and caught his Marc VDS rival mid-distance, shadowing his opponent, and setting up a move into Turn 11.Marquez immediately re-passed Bagnaia but the Italian fought back ... Keep reading