The gender pay gap remains an issue even in 2021 and women in the UK are still paid less than men. Check out the reasons why.
The gender pay gap remains an issue even in 2021 and women in the UK are still paid less than men. Check out the reasons why.
“If you have lips like me, this is bomb”
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Workhorse Group, Inc. (NASDAQ: WKHS) securities between July 7, 2020 and February 23, 2021, inclusive (the "Class Period"). Investors have until May 7, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
English website of the Tokushima International Consumer’s Forum 2020 opens
Oil prices rose on Tuesday on expectations of a recovery in the global economy after U.S. Senate approval of a $1.9 trillion stimulus bill and on a likely drawdown in crude oil inventory in the United States. But a stronger dollar and receding fears of oil supply disruption from Saudi Arabia after an attack on its oil facilities capped price gains. Brent crude futures for May rose by 32 cents, or 0.5%, to $68.56 a barrel by 0125 GMT, while U.S. West Texas Intermediate (WTI) crude for April rose 19 cents, or 0.3%, to $65.24.
Daniel Andrews taken to hospital for X-rays after 'nasty fall'. Victorian premier is ‘fine and is getting some good care as a precaution’, James Merlino says
Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming the Republican used his office to retaliate against it for banning the account of former President Donald Trump following the riot at the U.S. Capitol last year. Days after the deadly insurrection, Paxton announced an investigation into Twitter and four other major technology companies for what he called “the seemingly coordinated de-platforming of the President.” Twitter responded Monday with a federal lawsuit alleging Paxton is seeking to punish it for taking Trump's account offline — a decision the social media company says is protected free speech.
Peter Burling and Max Sirena will be fierce rivals over the next week or so as they compete for the "Auld Mug" but they are united in their admiration for the AC75 class of boat that will be used for the first time in the 36th America's Cup. Challenger yacht Luna Rossa had maxed out at 53.4 knots (99 kph), skipper Sirena said on Tuesday, and Team New Zealand's Te Rehutai is rumoured to be even faster. Despite that raw speed, TNZ helmsman Burling said, the handling was similar to the much lighter 49er two-handed dinghy in which he won Olympic gold for New Zealand with Blair Tuke in 2016.
(Bloomberg) -- Eric Yuan, chief executive officer of Zoom Video Communications Inc., donated more than a third of his stake in the company, filings show.Yuan gifted almost 18 million shares of the conferencing-technology firm last week. The filings didn’t specify the recipient of the stock, which was owned by a Grantor Retained Annuity Trust, or GRAT, for which Yuan is a trustee.The shares were valued at about $6 billion, based on Friday’s closing price.The distributions are consistent with the Yuans’ “typical estate planning practices,” a Zoom spokesman said in a statement.Yuan, 51, joins other members of the world’s mega-rich who’ve been transferring stock recently -- including Hong Kong billionaire Li Ka-shing, who last month gave some of his Zoom holding to his businessman son Richard. Jeff Bezos, the world’s richest person, has been donating shares of Amazon.com Inc. in support of a $10 billion pledge made last year to combat climate change.Pandemic SurgeYuan became one of the world’s wealthiest people as demand for Zoom’s main product skyrocketed during the pandemic. The stock surged almost 400% last year, but has dipped 7.8% in 2021.He’s the world’s 130th-richest person with a pre-transfer net worth of $15.1 billion, according to the Bloomberg Billionaires Index, a $9.2 billion increase since last March. The company has also brought huge gains to other shareholders, including Tiger Global Management’s Chase Coleman and Taiwanese investor Samuel Chen. Li’s Zoom stake now represents almost one-fifth of his net worth. Born in China, Yuan was refused a U.S. visa eight times before finally prevailing and moving to Silicon Valley. An early employee of rival video-conferencing group WebEx Communications, he founded Zoom in 2011, inspired in part by the challenges of maintaining a long-distance relationship when he was in college.The Wall Street Journal reported the share transfer earlier Monday.(Adds that Li Ka-shing cut his Zoom holding in fifth paragraph, details about the stake in seventh)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Most U.S. visa applicants who were denied because of former President Donald Trump's travel ban on 13 mostly Muslim-majority and African countries can seek new decisions or submit new applications, the State Department said on Monday. President Joe Biden overturned Trump's so-called Muslim ban on Jan. 20, his first day in office, calling it "a stain on our national conscience" in his proclamation. State Department spokesman Ned Price said applicants who were refused visas prior to Jan. 20, 2020, must submit new applications and pay a new application fee.
Australia will look to reschedule its postponed tour of South Africa "as soon as possible" but only if the health situation and calendar allows, board chief Nick Hockley said. Australia pulled out of the three-test tour slated for March-April citing an "unacceptable level of health and safety risk to players, support staff and the community". The move angered the South African board, which said it had incurred significant costs in meeting Australia's safety demands and wrote to the International Cricket Council (ICC) seeking redress.
'What have they done?': What the papers say about fallout from the Meghan and Harry interviewPalace crisis is splashed across the front pages, with several papers asking what racism accusations will mean for the royal family UK newspaper front pages on 9 March, following Oprah’s explosive interview with Harry and Meghan Composite: Various
UNITE HERE Local 11 Announces Growing Support of Chateau Marmont Boycott as Stonewall Democratic Club and West Hollywood Elected Leaders Sign On
Tom Williams/GettyRep. Dan Crenshaw (R-TX) did not buy or sell any stocks in his first 13 months as a congressman. That changed in March 2020, when he made half a dozen buys as the largest economic relief package in history was written and debated.Five of those purchases came in the three days between March 25 and 27, as the Senate and House voted on the CARES Act and former President Trump signed it into law. Crenshaw, who supported the bill, did not initially disclose the transactions, in violation of the STOCK Act, a law that requires members of Congress to tell the public when they engage in securities trades. Months later he amended his records to reflect the purchases.The trades, which are listed only in a range of values, add up to a maximum of $120,000, and do not compare in size or volume to the kinds of headline-grabbing transactions executed ahead of the pandemic by Sens. Kelly Loeffler and David Perdue. They only appeared in December, when Crenshaw amended his annual report, originally submitted in August.“You’re referencing financial disclosures that use a range to report stock purchases, and you’re choosing the upper end of the range to come up with that $120,000 figure,” Justin Discigil, Crenshaw’s communications director, told the Daily Beast in an email. “The real number is around $30,000 at most,” Discigil said, and “in no way were his purchases unethical or related to official business.”The timing, however, along with Crenshaw’s own trading history and connections to the industry, raises questions about why he made the purchases and failed, twice, to disclose them.“Members of Congress should not be actively trading securities in the middle of a crisis. It shows that when the market crashes, that person is thinking about themselves and using the volatility to their own advantage,” said Ben Edwards, a securities law expert and professor at the William S. Boyd School of Law at the University of Las Vegas Nevada. “We all have a limited amount of attention, and if you’ve got one eye on your stock portfolio, then you’re not giving that crisis or the American people the full attention they demand.”Crenshaw, elected in 2018, had never traded individual stocks in office until that crisis struck, according to public records. Then, when global markets crashed on March 12, Crenshaw bought between $1,001 and $15,000 in Amazon. Two weeks later, while Congress voted on the CARES Act, Crenshaw bought stocks valued at the same price range in Southwest, Boeing, energy infrastructure manfacturer SPX, and Kinder Morgan, a Texas-based company specializing in pipeline construction. He also bought into an index fund tied to the performance of the S&P 500.While it’s unclear why Crenshaw did not initially disclose the transactions, they came as an increasing number of high-profile lawmakers were getting snared in an insider-trading scandal. Except for the Amazon purchase, all of Crenshaw’s transactions came a week after ProPublica reported that Sen. Richard Burr (R-NC) had sold up to $1.72 million on the heels of private coronavirus briefings. On March 20, The Daily Beast reported that Loeffler and her husband had sold off seven figures worth of stock following her first confidential briefings on the pandemic. Scrutiny soon fell on trades executed by Sens. David Perdue (R-GA), Jim Inhofe (R-OK), Dianne Feinstein (D-CA) and John Hoeven (R-ND), spurring investigations by the Justice Department, the Senate Ethics Committee and the Securities and Exchange Commission. None of the lawmakers faced criminal charges. Perdue and Loeffler lost their re-election bids to Democratic challengers Jon Ossoff and Rev. Raphael Warnock in runoff elections this January.In response to the scandal, the Campaign Legal Center analyzed all congressional stock trades made between Feb. 2 and April 8, finding that a dozen senators made a combined 127 transactions in the timeframe, and 37 House members made at least 1,358 transactions.Texas Rep. Dan Crenshaw Dunks on Newly Elected QAnon Queen, Marjorie Taylor Greene Crenshaw’s name did not make it into those media reports, however, because he hadn’t disclosed his purchases. The STOCK Act, a 2012 law intended to deter federal elected officials from trading on inside knowledge, requires congress to post all transactions within 45 days. Not only did Crenshaw fail to disclose the transactions at the time, he didn’t include them in his annual disclosure, filed in August. And while that filing shows that Crenshaw holds the new assets, the form also requires members to list the transactions, including the dates, which Crenshaw left blank. They only appeared when the Lone Star Republican filed an amended annual report in December.Crenshaw’s spokesperson told The Daily Beast that the Harvard alum and former Navy SEAL had filed that amendment “to fix clerical issues in his report like making sure dates were correct.”At the time of the transactions, congress was scrambling to put together the CARES Act, a monumental emergency relief package that cost more than $2 trillion, and which Crenshaw supported. The Republican-led Senate approved the bill on March 25, the day Crenshaw bought stock in SPX and the S&P 500 fund. The package passed the House the next day, when Crenshaw scooped up Southwest and Kinder Morgan, and was signed into law by Trump on March 27, the day that Crenshaw acquired his stake Boeing.At the time, Crenshaw sat on the House committees for Budget and Homeland Security. Boeing in particular lobbied heavily, and successfully, for a piece of the CARES Act, asking at first for $60 billion and later hoping to receive a $17 billion slice that lawmakers set aside for “businesses critical to maintaining national security.” The nonpartisan Institute on Tax and Economic Policy said at the time that it was “generally understood that the bill’s authors want much, if not all, of this $17 billion to go to a single company: Boeing.” But in late April, the manufacturer passed on the deal, opting instead to raise $25 billion in private investment thanks to moves that the Federal Reserve made independently of the CARES Act. The day that Crenshaw bought Boeing, markets snapped their brief positive burst, and the company led the boards that day in losses. His investment has now grown more than 38%. Boeing’s employee PAC gave $3,000 to Crenshaw’s 2020 campaign.All of Crenshaw’s purchases have shown returns, with the biggest yields from Boeing, Amazon and Southwest Airlines. Amazon bounced up from about $1,820 a share on March 12 to $2,979 today, and Southwest Airlines rose from around $41 to a little over $60.“It’s not hard to see that airlines would be among the hardest-hit stocks in a global pandemic that restricted air travel,” Edwards said. “So the short-term is that they’re going to get hammered, but in the long term, the sky is going to be busy again.” That calculation includes the likelihood that the federal government would pitch in to keep the industry aloft, and in mid-April the airlines got their $25 billion bailout.Edwards said that while the limited available information makes it impossible to know why Crenshaw and other officials make specific trades, new reforms introduced in response to the trading scandal would make such transactions impossible.“Some of the proposals for limiting stock purchases would really cut back on activity like this. For instance, Senator Warren’s plan would prohibit buying and selling individual stocks, and just allowing members to track markets through index funds,” he said. “Another proposal is to require lawmakers to disclose their trading plans in advance, which executives of publicly traded companies already do. That would reduce the likelihood or suspicion that they’re using private information or their own legislative powers to their advantage.”Kedric Payne, senior director of ethics at the Campaign Legal Center, told The Daily Beast in November that lawmakers in the public’s trust shouldn’t risk even the appearance of having a personal financial stake in their government work."It is nearly impossible to make decisions affecting an industry and then receive a personal financial benefit without appearing to have a conflict of interest," Payne said. "Even if officials rely on financial advisors to make trading decisions on their behalf, the perception of conflicts of interest remains, because the public does not know if there are winks and nods prompting the trades."Last week, Business Insider reported that Rep. Tom Malinowski (D-NJ), an advocate for transparency, had failed to disclose dozens of stock transactions over the course of 2020. Malinowski, who like Perdue — but unlike Crenshaw — claims that a third-party financial adviser independently executes his trades, said that his time in the barrell sharpened his appetite for reform.“This does reinforce my view that members of Congress should not be invested in the stock market or, if they are, they should not have any visibility into the stocks they own,” Malinowski later told NJ.com. “Inevitably, even if the decisions are made by an investment firm with no input from the member of Congress, there can be this perception of influence because what we do in Congress affects every aspect of the economy.”Crenshaw doesn’t own many individual stocks, currently. Beyond the trades in March, he only holds shares in Alphabet — Google’s parent company — and a small stake in Schlumberger, a global oilfield services provider primarily based in Europe, with a branch in Houston. The energy-dependent metropolis also hosts Kinder Morgan, but the offices of both companies are located just outside the lines of Crenshaw’s gerrymandered district.The trades intersect with Crenshaw’s government work, specifically in energy. The oil and gas industry contributed a total $453,247 to his 2020 re-election efforts, and was his largest industry patron in terms of PAC donations. And while this may not have posed a direct conflict of interest last year, that may no longer be the case: On Jan. 21, House Republican leadership took Crenshaw off of his Homeland Security and Budget committee assignments and moved him to the Committee on Energy and Commerce.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Buckingham Palace facing crisis after racism claims made in interview
Former Secretary of State Hillary Clinton and House Speaker Nancy Pelosi joined with Amanda Gorman for a virtual Q&A to mark International Women’s Day, and the youth poet laureate had a semi-personal question for both of them: “I have some interest in the public sphere, and I wanted to ask: What advice would you give […]
WWE® (NYSE: WWE) today announced that a limited number of tickets to its two-night pop culture extravaganza, WrestleMania presented by SNICKERS, will go on sale next Tuesday, March 16 starting at 10 AM ET. WrestleMania will take place Saturday, April 10, and Sunday, April 11, at Raymond James Stadium in Tampa Bay and stream live exclusively on Peacock in the United States and on WWE Network everywhere else.
SMU coach Travis Mays will not return next season after compiling a 58-50 record over five seasons. Athletic director Rick Hart said Monday night that he had decided not to renew Mays' contract. The Mustangs, whose last NCAA Tournament appearance was in 2008, lost all six games they played this season.
The Oscar-winning actor revealed his wife is watching re-runs of his iconic TV show
Mar.08 -- A partisan group of U.S. lawmakers is urging President Joe Biden to step up support for the people of Hong Kong. This comes amid Beijing’s efforts to change the electoral process. Bloomberg’s John Liu reports on “Bloomberg Daybreak: Asia.”
"Evie Jo is doing great with her sleeping and eating," Jinger (Duggar) Vuolo says in a new update