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KU Offers ‘angry white male’ Course

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Major UK financial firms make little progress on gender pay gap

FILE PHOTO: Jayne-Anne Gadhia, when CEO of Virgin Money, speaking at the Confederation of British Industry (CBI) annual conference in London, Britain
FILE PHOTO: Jayne-Anne Gadhia, when Chief Executive of Virgin Money, speaking at the Confederation of British Industry (CBI) annual conference in London, Britain November 9, 2015. REUTERS/Toby Melville/File Photo

April 5, 2019

By Carolyn Cohn and Lawrence White

LONDON (Reuters) – Major financial services firms in Britain have made very little progress in narrowing the gap between male and female pay and more than a third have gone backwards, a Reuters analysis of gender pay data shows.

Financial firms have on average reduced pay disparities by just over half a percentage point in the last year, the analysis of 89 of the biggest companies showed, highlighting the lack of progress in the sector with the worst average pay gap in Britain.

The poor figures come despite finance companies publicizing a raft of initiatives to close the gap, from hiring more women in senior roles to mandating mixed gender shortlists and promoting flexible working.

Pay disparities in Britain have come under the spotlight since the government forced businesses to submit gender pay gap figures annually from last year.

The data shows the difference between average hourly male and female pay, and tends to reflect the smaller number of women at senior levels, where financial services firms have a poor record.

Reuters surveyed 89 major banks, asset managers, hedge funds, insurers and other financial services firms in Britain, including all the FTSE 100 and FTSE 250 financial services firms that had reported gender pay data by Thursday.

On average, the firms showed a narrowing in the mean gender pay gap of just 0.6 percentage points compared with a year earlier, the survey showed.

For a graphic on UK financial sector gender pay gap, see – https://tmsnrt.rs/2I3vy6C

For an interactive version of the graphic, click here https://tmsnrt.rs/2HYgZkH.

Jayne-Anne Gadhia, the former chief executive of Virgin Money, who runs the government-backed Women in Finance charter, criticized finance firms for not doing enough.

“Businesses need to realize that they will not succeed unless they embrace diversity as a key driver of results and growth,” she said.

“They need to focus on it, measure it, set targets and hold senior executives accountable for making progress – year in year out.”

Virgin Money – which was bought by rival CYBG last year – had itself faced criticism for reporting a wide gender pay gap of 32.5 percent for 2017. The bank narrowed the gap to 29.7 percent last year.

Only three firms had a gender pay gap below last year’s mean national average.

Fifteen of the 48 major British, U.S. and other international banks surveyed reported a widening in the gender pay gap of their UK employees, and 32 of all the firms did so.

Firms with more than 250 employees in Britain had until April 5 to submit gender pay data, the second year of this government requirement.

The overall mean hourly gender pay gap based on employers who reported in 2018 was 14.3 percent, according to government data, but that widened to 30 percent for the financial sector according to an Investment Association (IA) study published this week.

In addition to a “motherhood penalty” and behavioral biases, the IA said that in financial services, there were “limitations in real meritocracy”.

HSBC had the biggest gender pay gap of the companies surveyed, at 61 percent, a widening of two percentage points from a year ago.

“We are committed to improving our gender balance and recognize that this will require sustained focus over the long-term,” the bank said in a statement.

It added it was taking a number of specific steps, including an “aspirational target” for 30 percent of senior leadership roles to be filled by women by 2020. On this measure, it said it had progressed from 22 percent in 2012 to 28.2 percent at the end of 2018.

Within some of the companies looked at, individual operating units performed particularly badly.

Across all the firms surveyed, State Street Global Advisors, the asset management arm of custody bank State Street, showed a year-on-year widening in the pay gap of 13.9 percentage points. The overall bank, though, saw a 0.1 percentage point reduction.

“While we have made significant on-going efforts to improve, we recognize that there is much more work to be done,” a spokeswoman for State Street said.

FTSE 100 asset manager Hargreaves Lansdown was most successful in narrowing its pay gap, more than halving it to 13.7 percent from 28.8 percent, which the firm attributed to hiring more women in its third to sixth tiers of seniority although it noted its median gap rose.

Consumer credit firm Provident Financial’s home credit division had the smallest gender pay gap, at 4.9 percent.

(Reporting by Carolyn Cohn, Lawrence White, Simon Jessop, Maiya Keidan, Iain Withers and Sinead Cruise; Editing by Mark Potter)

Source: OANN

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Kentucky school district hands over names of protesters

Kentucky's largest school district has turned over a preliminary list of teachers who used sick days to protest at the state Capitol.

The names were requested by Education Commissioner Wayne Lewis after Jefferson County Public Schools canceled classes multiple times in recent weeks due to teacher absences.

Lewis has said it isn't his intent to discipline teachers who used sick days to close multiple school districts so they could protest, but wouldn't rule it out.

Jefferson County school district spokeswoman Renee Murphy told news outlets the list was sent Monday, but declined to say how many names were on it.

Teachers protested at the Capitol as lawmakers considered proposals that would change who manages the teachers' pension fund and indirectly support private schools with tax credits. The final day of the 2019 legislative session is Thursday.

Source: Fox News National

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Investor AB, Cevian support ABB move to replace CEO

FILE PHOTO: Logo of Swiss power technology and automation group ABB is seen in Baden
FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at a plant in Baden, Switzerland January 28, 2019. REUTERS/Arnd Wiegmann/File Photo

April 17, 2019

ZURICH (Reuters) – Big ABB shareholders Investor AB and Cevian backed on Wednesday the Swiss engineering group’s move to replace Chief Executive Ulrich Spiesshofer.

“We support the board’s decision that now is the right time for a new person at the helm in order to speed up the execution of the new strategy and deliver on the key financial targets,” an Investor AB spokeswoman said in an emailed comment.

Lars Forberg, co-founder of Cevian Capital, said: “We support the strategic direction of ABB, and have full confidence in Peter Voser and the management team to continue implementing the transformation of ABB.”

(Reporting by John Revill and Simon Johnson, Editing by Michael Shields)

Source: OANN

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Islamic State fighters pinned on Syrian riverbank, warplanes fly above

Smoke rises from the last besieged neighborhood in the village of Baghouz, Deir Al Zor province
Smoke rises from the last besieged neighborhood in the village of Baghouz, Deir Al Zor province, Syria, March 18, 2019. REUTERS/Stringer

March 20, 2019

DEIR AL-ZOR PROVINCE, Syria (Reuters) – Warplanes flew near Baghouz in eastern Syria early on Wednesday, a Reuters witness said, as the final remnants of the Islamic State group held a narrow strip of land along the Euphrates in a last-ditch defense of its dwindling territory.

Defeat there would signal the end of the ultra-hardline Islamist movement’s control in eastern Syria, having held more than a third of Syria and Iraq at one point in 2014 as it sought to carve out a huge caliphate in the region.

On Tuesday, the U.S.-backed Syrian Democratic Forces (SDF) said they had driven the remaining Islamic State fighters in the town of Baghouz from a makeshift encampment that had represented most of its remaining territory.

But while the capture of Baghouz, close to the Iraqi border, would mark a significant milestone in Syria’s eight-year war and in the battle against the jihadist group, Islamic State remains a threat.

Some of the group’s fighters are still holed up in the central Syrian desert and others have gone underground in Iraqi cities to wage an insurgent campaign to destabilize the government.

Mustafa Bali, a spokesman for the SDF, said late on Tuesday that clashes with the militants at the Euphrates were continuing “in several pockets”.

(Reporting By a Reuters reporter in Deir al-Zor province and Angus McDowall in Beirut; Editing by Mike Collett-White)

Source: OANN

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France urges ‘friendly’ solution to EU-U.S. aircraft subsidy dispute

French Finance and Economy Minister Bruno Le Maire leaves after a meeting at the Elysee Palace in Paris
French Finance and Economy Minister Bruno Le Maire leaves after a meeting at the Elysee Palace in Paris, France, March 26, 2019. REUTERS/Philippe Wojazer

April 9, 2019

PARIS (Reuters) – France’s finance minister said on Tuesday it was in the interest of Europe and the United States to find a friendly solution to their long-running WTO dispute, after the United States threatened new tariffs.

The U.S. Trade Representative on Monday proposed a list of EU products ranging from large commercial aircraft to dairy products and wine on which to impose tariffs as retaliation for European aircraft subsidies.

“The interest of our two countries, the interest of the United States and the European continent and France is to reach a friendly agreement,” French Finance Minister Bruno Le Maire told a news conference in Paris.

“When I see the situation global growth is in, I don’t think we can afford to have a trade conflict even if only on the specific issues of the aircraft industry in the United States and Europe,” he added.

(Reporting by Leigh Thomas and Myriam Rivet; Editing by Richard Lough)

Source: OANN

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New Jersey Governor Wants to Tax Poor People’s Right to Self-Defense

According to a New York Times report, Governor Phil Murphy wants to significantly increase the tax on gun ownership in New Jersey.

New Jersey’s firearm ID currently costs $5, while a permit to own and carry a gun costs $2 and $20 respectively.

Governor Murphy, however, wants to raise those fees to $100 for the ID, $50 to own a firearm, and $400 just to carry a firearm.

And that’s not all.

Murphy wants to tax ammo by 10 percent and guns by 2.5 percent.

These proposals are included in the state budget which has to be passed on the deadline of June 30.

Like universal background checks, these new fees would disproportionately punish the poor and minorities.

John Lott has noted this in his book The War on Guns:

There are real costs of expanding background checks to private transfers. In particular, the fees on private transfers reduce gun ownership, particularly among law-abiding poor blacks who live in high crime urban areas and who benefit the most from protecting themselves; they will be the ones most likely priced out of owning guns for protection.

The New Jersey Governor asserts that he is not waging a “war on responsible gun owners.”

Instead, Murphy says that the funds raised from this gun tax would go towards “anti-violence” programs.

Murphy concluded, “We can support the efforts of the attorney general, state troopers, county and local law enforcement, to do the stuff we need to do: track crime, track gun violence, combat trafficking of illegal guns.”

Cody McLaughlin, the spokesman for the New Jersey Outdoor Alliance, pushed back, saying that “This is clear bullying of law-abiding gun owners in the state.”

McLaughlin added, “You’re talking about sportsmen that are already paying hundreds of dollars a year in license fees.”

Lisa Caso, owner of Caso’s Gun-A-Rama in Jersey City, stated that “It’s [gun tax} going to affect gun shops tremendously” and will “deter a lot of people from buying permits. In our business, you have people coming in who barely have money to buy the most modestly priced guns, which are around $300.”

In the meantime, Caso alleges that she has heard rumors about people scrambling to buy gun permits “ahead of the potentially higher fees.”

New Jersey is one of the most anti-gun states in America, with Guns & Ammo magazine ranking it in 50th place in 2018.

Since the Parkland shooting, New Jersey has embraced a wide array of gun control measures, which notably included a 3D printable gun ban.

Should these taxes pass, New Jersey will only cement its status as one of the least friendly states for gun owners in America.

Source: InfoWars

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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Source: InfoWars

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DNA Force Plus

Limited Advanced Release

149.95

119.96

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

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Source: InfoWars

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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