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Appeals court nixes condo’s coed swimming restrictions

A federal appeals court has ruled that a New Jersey condominium association violated women's rights by setting separate swimming hours for male and female residents.

The 3rd U.S. Circuit Court of Appeals said the schedule adopted by A Country Place's condominium association was "plainly unequal in its allotment of favorable swimming times."

The Lakewood condominium complex, which serves people 55 or older, restricts swimming by gender at certain times in accord with Jewish law that prohibits men and women from bathing together. Orthodox Jewish residents made up about two thirds of residents, but several non-Orthodox homeowners sued in 2016 after being fined $50 each after refusing to abide by the rules.

A judge ruled in January that the separate swim hours weren't discriminatory because they applied to both sexes equally, but the appeals court overturned that decision Monday.

Under the rules, men and women were only allowed in the pool together for two hours on weekdays and all day Saturday, when, the court noted, "Orthodox residents would not go swimming on the Jewish Sabbath."

The association said it allocated roughly the same number of hours for men and women, but the court said women were only able to swim for about 3½ hours on weeknight evenings compared to 16½ hours for men.

"Women with regular-hour jobs thus have little access to the pool during the work week, and the schedule appears to reflect particular assumptions about the roles of men and women," Judge Thomas Ambro wrote for the court majority.

An attorney for the plaintiffs, Jose Roman, told the Asbury Park Press that his clients were "very happy that the court saw the case our way, that it was discriminatory based on gender." An attorney for the condominium association didn't immediately return an email seeking comment.

Source: Fox News National

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Irving, Horford out Saturday for Celtics

NBA: Indiana Pacers at Boston Celtics
Mar 29, 2019; Boston, MA, USA; Boston Celtics guard Kyrie Irving (11) drives the ball against Indiana Pacers guard Wesley Matthews (23) in the second half at TD Garden. Celtics defaced the Pacers 114-112. David Butler II-USA TODAY Sports

March 30, 2019

Kyrie Irving and Al Horford will not play on Saturday night against the Brooklyn Nets, the Boston Celtics announced.

The team said Irving has a sore lower back and Horford has left knee soreness.

In addition, Jayson Tatum is questionable with an undisclosed illness.

Both Irving and Horford played 35 minutes Friday night in the team’s 114-112 win over the Indiana Pacers.

Irving had 30 points and five assists while Horford had 19 points and seven rebounds.

The Celtics enter the game Saturday with a 45-31 record and the No. 4 spot in the Eastern Conference.

–Field Level Media

Source: OANN

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Ghosn’s lawyers ask court for trial separate from Nissan and former director Kelly

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo

April 2, 2019

TOKYO (Reuters) – Lawyers for former Nissan Motor Chairman Carlos Ghosn on Tuesday said they had asked that their client stand trial for alleged financial wrongdoing separately from Nissan because the company is helping prosecutors.

In a statement, Ghosn’s lawyers also asked that he stand trial separately for former Nissan director Greg Kelly, who was accused along with Ghosn of hiding part of the former chairman’s income.

The statement did not say why Ghosn did not want to be tried with Kelly. Ghosn’s lawyers were unavailable to comment.

(Reporting by Tim Kelly; Editing by David Dolan)

Source: OANN

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Futures inch higher on trade optimism, jobs data awaited

FILE PHOTO: Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 4, 2019. REUTERS/Brendan McDermid/File Photo

April 5, 2019

By Sruthi Shankar

(Reuters) – U.S. stocks index futures edged higher Friday on hopes that Beijing and Washington were making headway to resolve their trade dispute, but gains were kept in check as investors waited for March payrolls data.

President Donald Trump said on Thursday the countries were close to a trade deal that could be announced within four weeks, potentially easing concerns about a months-long tariff war clouding global growth.

However, trading was subdued as markets awaited the monthly employment report, which is expected to show job growth rebounded from a 17-month low in March, increasing by 180,000 last month following February’s 20,000 job count.

The Labor Department report, due at 8:30 a.m. ET, will also likely show average hourly earnings rose 0.3% in March after a 0.4% rise in the previous month, with the unemployment rate seen steady at 3.8%.

The data follows on the heels of fairly upbeat construction spending and factory numbers, although many are worried that fading stimulus from a $1.5 trillion tax cut package, trade disputes and slowing global growth are casting a shadow over the economy.

“The mix of data releases is likely to show that the U.S. economy is neither too cool nor too hot, leaving the Fed on hold though not necessarily as long as the market expects,” analysts at Nordea Asset Management wrote in a note.

The Federal Reserve last month suspended its three-year campaign to tighten monetary policy, increasing market expectations of an interest rate cut.

Economists say a strong employment report in March would suggest those expectations were premature. The rate cut expectations had gained traction when the U.S. Treasury yield curve briefly inverted in late March, reviving recession fears.

However, trade hopes and a dovish Fed have helped push the S&P 500 to its highest since Oct. 9, putting the index less than 2% away from an all-time high of 2,940.91 points.

Bank of America Merrill Lynch said the index would scale new highs above 3,000 in the second quarter, fueled by gains in bank and oil stocks, before peaking out.

At 7:09 a.m. ET, Dow e-minis were up 30 points, or 0.11%. S&P 500 e-minis were up 4 points, or 0.14% and Nasdaq 100 e-minis were up 14.25 points, or 0.19%.

Among stocks, Intel Corp slipped 1.1% after Wells Fargo downgraded the chipmaker’s stock to “market perform” from “outperform”.

Bed Bath & Beyond Inc climbed 2.3% after Morgan Stanley upgraded the company’s shares to “equal-weight” from “underweight,” saying that the emergence of activist investors will create upside for the stock in the near term.

(Reporting by Sruthi Shankar and Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Adidas announces partnership with singer Beyonce

FILE PHOTO: 50th NAACP Image Awards - Show - Los Angeles, California, U.S.
FILE PHOTO: 50th NAACP Image Awards - Show - Los Angeles, California, U.S., March 30, 2019 - Beyonce reacts after winning the entertainer of the year award. REUTERS/Mario Anzuoni

April 4, 2019

BERLIN (Reuters) – Adidas announced a partnership with singer Beyonce on Thursday that will include relaunching her Ivy Park athleisure brand, the latest deal between a sportswear firm and a top celebrity after rival Puma teamed up with Rihanna and Jay-Z.

Adidas, which also has a partnership with Kanye West, said it will work with Beyonce on creating both performance and lifestyle products, respecting her ownership of the Ivy Park brand she launched in 2016 together with Britain’s Top Shop.

After the rise of athleisure companies like Lululemon and a big drive by Nike into women’s products, Adidas has made a push in recent years to attract more female consumers.

It did not give financial details.

(Reporting by Emma Thomasson; editing by Thomas Seythal)

Source: OANN

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New Japan era name echoes PM Abe’s national pride agenda

Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo
Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo, Japan, April 1, 2019. Franck Robichon/Pool via Reuters

April 1, 2019

By Linda Sieg

TOKYO (Reuters) – Japan on Monday unveiled a new name for the imperial era that begins on May 1, drawing from an ancient Japanese text for the first time, echoing Prime Minister Shinzo Abe’s conservative agenda that aims to bolster national pride.

The name “Reiwa” for the new era when Crown Prince Naruhito becomes emperor, comes from two Chinese characters, the first meaning “good” or “beautiful” as well as “order” or “command” and the second meaning “peace” or “harmony”.

The characters were taken from the Manyoshu, an ancient collection of Japanese poetry, in a break with the tradition of selections from ancient Chinese texts.

The name implied “culture is born and nourished when people’s hearts are drawn beautifully together,” Abe told a news conference.

Asked the significance of its selection from a Japanese classical text, Abe said: “It is a collection which expresses our nation’s rich culture, which we should take pride in, along with our nation’s beautiful nature.

“We believe this national character should be passed along to the next era.”

Abe returned to office in 2012 after abruptly resigning in 2007 following a year plagued by scandals and stalled politics.

He rode a wave of popularity sparked mainly by a pledge to revive the stagnant economy, but has also long favored a conservative agenda aimed at restoring traditional values such as group harmony and pride in Japanese history and culture.

“His (Abe’s) interpretation echoes his calls for Japan to be proud of its roots and its tradition,” said Koichi Nakano, a professor of political science at Sophia University.

“He wants Japan to be proud of their country and this was seen as an opportunity to boost that.”

Japan imported the imperial calendar system from China about 1,300 years ago. There have been four era names in the modern period: Meiji, Taisho (1912-1926), Showa (1926-1989) and the current Heisei, which means “achieving peace”.

“It was unexpected that it (Reiwa) was taken from the Manyoshu, but it expresses Japanese culture in ‘kanji’ (characters),” said Isao Tokoro, a professor emeritus at Kyoto Sangyo University.

“It means ‘to get along well’ and ‘to be tender’ and shows an important value for 21st century Japan and the world.”

(Additional reporting by Ami Miyazaki and Yoshifumi Takemoto; Editing by Clarence Fernandez)

Source: OANN

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Rape charge dismissed against retired Tulsa hockey player

Prosecutors in Oklahoma have dismissed a rape charge against a retired Tulsa Oilers hockey player from Canada.

The Tulsa World reports that defense attorney Kent Hudson says he believes prosecutors don't have enough evidence to prosecute 50-year-old Doug Lawrence on charges of first-degree rape and sexual battery.

District Attorney Stephen Kunzweiler says prosecutors determined the case was "untenable," and dismissed the charges without prejudice, meaning his office could refile them later.

Court records show prosecutors allege Lawrence touched a woman's breast without her consent and raped her in 2017. Lawrence pleaded not guilty and was scheduled to go on trial Monday, the same day the charges were dismissed.

Lawrence, of Richmond, British Columbia, spent nine seasons playing for the Tulsa Oilers of the ECHL, a Double-A hockey league.

___

Information from: Tulsa World, http://www.tulsaworld.com

Source: Fox News National

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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