Business

Democrats seek to turn Supreme Court fight into referendum on Obamacare

Judge Amy Coney Barrett speaks after being nominated to the US Supreme Court by President Donald Trump within the Rose Garden of the White House in Washington, DC on September 26, 2020. OLIVIER DOULIERY | AFP | Getty ImagesPresidential contender Joe Biden and his Democratic allies are looking for to turn President Donald Trump's nomination of Judge Amy Coney Barrett to the Supreme Court into a referendum on the way forward for American well being care.  Trump nominated the Indiana-based federal appeals courtroom decide to the excessive courtroom on Saturday evening, praising her credentials and noting that future instances would resolve the "survival of our Second Amendment, our religious liberty, our public safety." Left unsaid at Barrett's nomination was that the courtroom will hea...

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100,000 march in Belarus capital on 50th day of protests against president | CBC News

About 100,000 demonstrators marched in the Belarusian capital calling for the authoritarian president's ouster, some carrying cardboard crowns to ridicule him, on Sunday because the protests which have rocked the nation marked their 50th consecutive day. Protests additionally befell in 9 different cities, underlining the extensive extent of dismay and anger with President Alexander Lukashenko, who has stifled opposition and impartial information media throughout 26 years in energy.The protest wave started after the Aug. 9 presidential election that officers mentioned gave Lukashenko a sixth time period in workplace with a crushing 80 per cent of the vote. The opposition and a few ballot employees say the outcomes have been manipulated. Lukashenko has defied requires him to step down an...

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David Attenborough gives shark tooth fossil to 7-year-old Prince George | CBC News

Veteran broadcaster and naturalist David Attenborough has given Britain's Prince George an enormous shark tooth fossil after a personal viewing of his new documentary at Kensington Palace. Photos launched by the palace confirmed the seven-year-old prince wanting intrigued as he seemed on the tooth from a Carcharocles megalodon, a species that lived greater than three million years in the past and was 3 times the scale of recent nice white sharks.Attenborough, 94, discovered the tooth throughout a household vacation on Malta within the late 1960s. Attenborough, who spent his childhood accumulating fossils and different pure specimens, visited the palace for a personal viewing of his new environmental documentary with George's father, Prince William. The movie, David Attenborough: A Lif...

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Fighting erupts between Armenia, Azerbaijan in disputed area | CBC News

Fighting between Armenia and Azerbaijan broke out Sunday across the separatist area of Nagorno-Karabakh and the Armenian defence ministry stated two Azerbaijani helicopters have been shot down. Ministry spokesperson Shushan Stepanyan additionally stated Armenian forces hit three Azerbaijani tanks. There was no quick phrase on casualties.Nagorno-Karabakh is an ethnic Armenian enclave inside Azerbaijan that has been out of Azerbaijan's management for the reason that finish of a conflict in 1994. Both sides have heavy army presence alongside a demilitarized zone separating the area from the remainder of Azerbaijan. Azerbaijan's defence ministry denied the declare that its helicopters and tanks had been hit. But President Ilham Aliyev stated in a televised handle to the nation that "there ...

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Eight of top 10 firms lose Rs 1.57 lakh cr in market valuation

NEW DELHI: Eight of the top 10 valued firms witnessed a combined erosion of Rs 1,57,277.53 crore in market valuation last week, with Reliance Industries Limited emerging as the biggest laggard. Last week, the Sensex lost 1,457.16 points or 3.83 per cent. Only Infosys and HCL Technologies emerged as gainers among the most valued firms. The market valuation of Reliance Industries Limited tumbled Rs 70,189.95 crore to Rs 14,88,797.82 crore. Bharti Airtel's market capitalisation tanked Rs 31,096.67 crore to Rs 2,39,880.86 crore and that of ICICI Bank plummeted by Rs 14,752.95 crore to reach Rs 2,40,329.93 crore. The market valuation of HDFC declined by Rs 12,737.66 crore to Rs 2,96,339.09 crore and that of Tata Consultancy Services (TCS) dived Rs 10,675.53 crore to reach Rs 9,08,940...

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Every day-trader dollar is worth five in a new theory on stocks

Day traders claiming bragging rights for this year’s $9 trillion U.S. equity rebound can find some supporting evidence in the latest research. Even as retail trading has grown to represent 20% of daily volume, Wall Street has struggled to figure out how much this modest-sized contingent actually influences prices. After all, the market is teeming with algorithmic funds, long-only managers and more. But a fresh way to understand stock fluctuations via academics at Harvard University and the University of Chicago makes the effort a little easier. By weighing up the sensitivity of various players to prices, they shed light on how individual investors may have ended up calling the shots in the world’s biggest equity market. New research highlights price insensitivity of big funds and ...

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Coronavirus pandemic will take working mothers 10 years back in the workplace

By Amanda Taub As if working mothers did not have enough to worry about, experts are now sounding the alarm that progress toward gender equality may be the latest in a long list of casualties of the coronavirus pandemic. Substantial research has shown that most professional gender gaps are in fact motherhood gaps; women without children are much closer to parity with men when it comes to salaries and promotions, but mothers pay a large career penalty. Women tend to take on more of the burdens of caring for children and the family. To go to work, they need someone to help with that care. But fathers have been slow to change their behavior. And without subsidies, private child care can be prohibitively expensive. Workplaces already tend to penalize women who choose to work fewer hours...

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Trump caps judiciary remake with choice of Barrett for court

WASHINGTON (AP) — President Donald Trump has nominated Judge Amy Coney Barrett to the Supreme Court, capping a dramatic reshaping of the federal judiciary that will resonate for a generation and that he hopes will provide a needed boost to his reelection effort. Barrett, a former clerk to the late Justice Antonin Scalia, said Saturday that she was “truly humbled” by the nomination and quickly aligned herself with Scalia's conservative approach to the law, saying his “judicial philosophy is mine, too." Barrett, 48, was joined in the Rose Garden by her husband and seven children. If confirmed by the Senate, she would fill the seat vacated by liberal icon Ruth Bader Ginsburg. It would be the sharpest ideological swing since Clarence Thomas replaced Justice Thurgood Marshall nearly three ...

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Pharma unlikely to see steep rally ahead, better to exit: Anand Tandon

To think that pharma can continue to go the same way, especially after the kind of steep rally it has seen, is being overly bullish, says the independent market expert. What is the sense that you are getting about where the markets are headed from here? The global market movement matters much more than what is happening on the domestic front. The domestic market could not have, by itself, led to the kind of rally that we witnessed over the last several weeks. As we get closer to the US elections, two things become important: one is whether or not you will be able to write up another bill and another kind of bailout for the US markets and which can possibly drive the markets up. The other one is the realisation that you may have a new government and a change in guard, and in which case t...

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