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Showing posts with label 2017 at 12:12AM. Show all posts
Showing posts with label 2017 at 12:12AM. Show all posts

Monday, May 15, 2017

Flash-Mob Spells Out ‘RESIST!’ Next To Trump California Golf Course

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A California grassroots protest group had a flash of inspiration: Members would scurry onto an open space near Donald Trump’s National Golf Course in Rancho Palos Verdes and arrange themselves to spell out “RESIST!”

The Saturday action by Indivisible San Pedro — whose members sometimes refer to themselves as “The Indivisibles” — went off without a hitch. Los Angeles County sheriff’s deputies showed up, but the protest was peaceful and broke no laws. While the 30-foot-tall “letters” look like they’re in the center of Trump’s coastal golf course — and close to the clubhouse — they were actually created by some 200 protesters in a small park connected to the grounds. The California Coastal Commission, which guards public access to the Pacific Ocean, protects the park from encroachment from the golf course.

Retired journalist and Indivisible group member Peter Martin told HuffPost the flash-mob action was something creative and effective the organization could pull off quickly without any funds — though it took a major investment of volunteer hours. Members planned the strike to be lightning-fast. “We wanted an element of surprise,” he said. “By the time the Trump people figured out what we were doing, we’d be gone.”

The group studied public access and parking, and learned they didn’t need a permit for their protest. They met with a member of the Coastal Commission who told them they absolutely had a First Amendment right to protest at the spot, said Martin.

Theater professional and group member Melanie Jones planned out most of the logistics, said Martin. She calculated how many people — two deep and lying down — it would take to make each letter “tall” enough to be easily filmed by a hired drone. The group practiced forming letters during one of its weekly meetings.

Participants were told to be at the site at 9 a.m. and wearing white. They gathered at different picnic tables to meet with their specific “letter captain.” The entire letter-creating operation took about 15 minutes, and people sang “God Bless America” as they lay in their human “Resist” message, Martin said. Then they were out of there.

“We had a good time,” said Martin.

Protesters were calling for a special prosecutor to be named to investigate Russian interference in the presidential election and any Russian connection to the Trump administration. Indivisible San Pedro also called for Trump to release his tax returns.

200 members of Indivisible San Pedro form the word RESIST! Sat. at Trump National Golf Course, Rancho Palos Verdes, CA. #standindivisible http://pic.twitter.com/QoRDWsdrkT

— Indivisible SanPedro (@indivisible_sp) May 13, 2017

Indivisible San Pedro is part of the national Indivisible organization protesting the Trump administration’s agenda.


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May 15, 2017 at 12:08AM

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from Mary S Papenfuss

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Saturday, May 13, 2017

Baz Hiralal retweeted: Where will this convo go? See @jimcramer, @davidfaber & @StevenLipin on June 5 at JW Marriott Essex House https://t.co/m01LMDmWB8 #CorpGov

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The Deal
@TheDealNewsroom

Baz Hiralal retweeted:

Where will this convo go? See @jimcramer, @davidfaber & @StevenLipin on June 5 at JW Marriott Essex House https://t.co/m01LMDmWB8 #CorpGov

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May 13, 2017 at 12:08AM

https://twitter.com/_BizBaz/status/863104874996695040

from Baz Hiralal


Toinette retweeted: #CorpGov $ENRT going #viral? @Brettfoster82 by #TkTCUJ5VtuNb8cU by #OFc3KKwcDorAKxI by… by #zoinaq8twso

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Jonathan Marks, CPA
@jtmarkscpa

Toinette retweeted:

May 13, 2017 at 12:08AM

https://twitter.com/XZTYyRyQbSUfnDo/status/863104064732770304

from Toinette


Jim Cramer retweeted: Where will this convo go? See @jimcramer, @davidfaber & @StevenLipin on June 5 at JW Marriott Essex House https://t.co/m01LMDmWB8 #CorpGov

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386c7a018bc850e506ba4f652a8038d3_normal.

The Deal
@TheDealNewsroom

Jim Cramer retweeted:

Where will this convo go? See @jimcramer, @davidfaber & @StevenLipin on June 5 at JW Marriott Essex House https://t.co/m01LMDmWB8 #CorpGov

C_pcARLXkAAIN26.jpg:largeC_pcByWWsAMFPcB.jpg:largeC_pcDwRWAAABaqh.jpg:large

May 13, 2017 at 12:08AM

https://twitter.com/jimcramer/status/863103874311360512

from Jim Cramer


Tuesday, May 9, 2017

Wells Fargo Asks For Reconsideration In Securities Suit

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Wells Fargo on Friday asked a Minnesota federal judge to reconsider his March ruling that the bank, by its silence on the matter, waived its right to use a favorable jury verdict to preclude related claims over alleged mismanagement of a securities lending portfolio.

May 09, 2017 at 12:08AM

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Signs The Desktop GPU Market Is Oversaturated Keep Analyst Underweight On Nvidia

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Pacific Crest Securities, a unit of KeyBanc Capital Markets, said it remains Underweight on NVIDIA Corporation (NASDAQ: NVDA) due to signs of desktop GPU market saturation, lower margins from incremental Nintendo Co., Ltd (ADR) (OTC: NTDOY) Switch revenue and a possibl

Latest Ratings for AMD

Date Firm Action From To
May 2017 Macquarie Downgrades Neutral Underperform
Apr 2017 Goldman Sachs Initiates Coverage On Sell
Mar 2017 Macquarie Initiates Coverage On Neutral

View More Analyst Ratings for AMD

View the Latest Analyst Ratings

read more

May 09, 2017 at 12:03AM

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from Shanthi Rexaline

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BREAKING: Jury Clears BankAtlantic, CEO Of SEC Disclosure Claims

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After winning an appeal to force a second trial, BankAtlantic Bancorp Inc. and CEO Alan Levan were cleared Monday by a federal jury of the U.S. Securities and Exchange Commission’s claims that they committed disclosure and accounting violations by downplaying weaknesses in the Florida bank’s commercial real estate portfolio.

May 09, 2017 at 12:08AM

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Friday, May 5, 2017

Fed officials are giving more speeches than ever but their message is still muddled

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john williams

They don’t call it the Federal Open Mouth Committee for nothing.

That’s the nickname traders have given to an increasingly vocal Federal Open Market Committee, the Fed’s policy-setting body. Over the years, the central bank has made considerable strides in improving transparency and communications, even if the cacophony of public pronouncements sometimes devolves into a range of competing policy messages that confuses more than clarifies.

Keep in mind, the Fed did not start publishing its interest rate decisions until 1994. Before then, traders had to look at movements in the Treasury bond market to figure out what the central bank was trying to do to the supply of bank reserves.

Under Alan Greenspan’s 18-1/2 year tenure, there was greater communication with markets, but it mostly came from the Chairman himself. Ben Bernanke instituted a more collegiate environment that current Chair Janet Yellen has extended. This gives a greater voice to other board governors and regional Fed officials, who make frequent pronouncements.

On Friday, May 5 alone, three top Fed officials are giving remarks: Yellen, her Vice Chair Stanley Fischer and San Francisco Fed President John Williams. The Labor Department will also be releasing its monthly employment report for April. 

Torsten Sløk, economist at Deutsche Bank, has kept meticulous track of Fed communications down to the individual speech. His findings are revealing:

“In 1996 the average FOMC participant gave four speeches per year, see chart below. Today, the average FOMC participant is on track to give 14 speeches in 2017,” Sløk writes in a research note.

FOMC talk DB“The risk with too many speeches and thoughts and voices is that the central Fed narrative gets lost in academic discussions of stock versus flow effects, sophisticated inflation models, and complicated arguments for raising short rates versus shrinking the Fed balance sheet,” Sløk adds.

Still, Sløk manages to find some upside to the chatter.

“Maybe the consequence of the significant amount of Fedspeak is that markets are overwhelmed by information, arguments, and analyses, and end up concluding that the Fed has thought about all aspects of their exit, so they probably have things under control,” he proposes. “If that’s the result then increased Fed talk is probably a good thing.”

SEE ALSO: The Fed looks shaky on its most important reason for raising interest rates

Join the conversation about this story »

NOW WATCH: People are outraged by this shocking video showing a passenger forcibly dragged off a United Airlines plane

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May 05, 2017 at 12:05AM

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from Pedro Nicolaci da Costa

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Worries over Model 3 shift to its impact on Tesla’s pricier cars

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Tesla shares have taken a dive, a day after the company posted a wider than expected loss on share, and analysts express concerns that demand for the company’s Model.

May 04, 2017 at 11:49PM

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Delta passengers claim they were kicked off a flight for refusing to remove their 2-year-old son from a seat they paid for

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Delta passenger

A Californian family is claiming that they were thrown off a Delta flight and threatened with jail because they would not give up the seat their two-year-old son was sitting in.

The incident occurred on Wednesday, April 23 around midnight on Delta Air Lines flight 2222 from Maui to Los Angeles, California.

The father, Brian Shear, told KABC news that he had originally bought the seat for his 18-year old son Mason and planned to hold the younger toddler in his lap. But he changed his mind and bought his older son a ticket on an earlier flight so that his younger son could have Mason’s seat and sleep during the flight back to California.

When Mason did not arrive for the overbooked flight, the airline asked Shear to remove his two-year-old son from the seat and hold him in his lap, Shear told KABC. Shear said he refused because he paid for the seat.

Shear claims that after he refused, airport staff confronted him and told him that he could either remove his son or would be sent to jail.

“You have to give up the seat or you’re going to jail, your wife is going to jail and they’ll take your kids from you,” Schear told KABC, recalling the incident.

The Shear family posted an 8-minute video on YouTube showing the confrontation.

Shear told KABC that ultimately, he agreed to let his son sit in his lap, but by then it was too late and Delta had Brian, his wife, and his two toddlers removed from the flight.

“The end result was we were all kicked off the flight. They then filled our 4 seats with 4 customers that had tickets but no seats. They oversold the flight. When will this all stop? It was midnight in Maui and we had to get a hotel and purchase new tickets the following day,” Shear wrote in the description of the video.

One staffer tells Shear in the video that because the child’s name is not on the ticket, he cannot sit in the seat. Shear contests this by saying that people switch seats all the time.

However, Delta’s website does state that “all tickets are nontransferable per fare rules. Name changes are not permitted.”

Then another airline staff member tells Shear that FAA regulation says no child two or under can sit in a seat alone. Shear responds by saying that he will hold the child in his lap during take-off, and then put his child back in the seat, however, the staffer tells him that is not possible and that car seats are not allowed.

“He cannot be in a seat at all,” the staffer says in the video. “He can’t occupy a seat at all.”

However, the FAA website actually encourages child restraint systems, or car seats, for travel.

“The Federal Aviation Administration (FAA) strongly urges you to secure your child in a CRS or device for the duration of your flight. It’s the smart and right thing to do so that everyone in your family arrives safely at your destination,” the website states.

Delta’s website also states that children under the age of two have their own seat.

“For kids under the age of two, we recommend you purchase a seat on the aircraft and use an approved child safety seat,” the company says on its website.

However, the company also states on its website that child safety seats cannot be used in some seats, including aisle seats or in emergency exit rows.

Delta did not immediately respond to a request for comment. But according to a statement given to KABC, the airline said it is looking into the matter.

“We’re sorry for what this family experienced. Our team has reached out and will be talking with them to better understand what happened and come to a resolution,” the airline said.

There’s been no shortage of public outcry against the airline industry recently. 

In April, a 69-year-old man was dragged off a United Airlines flight after refusing to give up his seat. Someone filmed a video of the incident and it quickly went viral. 

Also in April, an American Airlines flight attendant challenged a passenger after almost hitting another passenger and a Delta customer was thrown off a flight for going to the bathroom before takeoff. 

You can watch the latest incident involving the Shear family and Delta staff below. 

 

SEE ALSO: Here’s why a Delta passenger was kicked off a plane for using the bathroom

Join the conversation about this story »

NOW WATCH: How often airlines involuntarily bump passengers (United isn’t the worst)

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May 05, 2017 at 12:05AM

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from Cadie Thompson

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Sunday, April 30, 2017

Weekend Think: Chris Skinner and the “No Fear Zone” – Banking Exchange

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Weekend Think: Chris Skinner and the “No Fear Zone”
Banking Exchange
Widespread fear in some quarters holds that artificial intelligence, robotics, and other such technologies will displace all human interaction and lead to massive job losses. Skinner … Get banking news, insights and solutions delivered to your inbox

April 30, 2017 at 12:10AM

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Wednesday, April 26, 2017

7 Tips For Entrepreneurs Of Tomorrow From Today’s Biggest Names

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The 30 companies (and their young founders) on our 2017 list have been pulled and prodded, picked at, and pondered. And still they stand–thanks in large part to novel business models, in-demand products and services, and revenue to back them up. Indeed, these young firms represent the best of what this next generation has to offer.

But they have a long way to go. After all, every big business was small once. Here, we pulled together some of the best advice from this year’s 30 Under 30 judges, who include: Real estate mogul and Shark Tank co-host Barbara Corcoran, XPrize’s Peter Diamandis, Honest Tea co-founder Seth Goldman, CB Insights’ CEO Anand Sanwal, and Uncharted Play founder (and 30 Under 30 alum) Jessica O. Matthews.

April 26, 2017 at 12:02AM

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from Editor

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