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NO BP: The Reds did not take batting practice before Saturday’s game. It was 93 degrees three hours before the 3:10 first pitch.
FAST COMPANY: The Reds entered Saturday 20-9 since June 10. Only Boston and Houston (22-9) had better records over that stretch.
With giant drawings of Marx, Engels, Lenin and Stalin as their backdrop, dancers twirled giant puppets and jugglers tossed lighted torches. The black-masked rebel leader formerly known as Subcomandante Marcos had come to town, and he was putting on a marimba-and-Marxism extravaganza.
A dozen years after directing an armed rebellion in the southern state of Chiapas that ended with more than 100 dead, the leader of the Zapatista movement brought the 1960s-style show and lecture last week to two Yucatan beach resorts, drawing mixed reviews from the many curious who attended.
After years in hiding -- one magazine claimed he'd found love -- the former college teacher who now prefers to be known as Delegate Zero left his jungle stronghold Jan. 1 to embark on a six-month speaking tour he hopes will revive interest in his leftist message.
For those who missed it the first time around, including dozens of young people who came to see him, Marcos took center stage and gave his themes an impassioned review: Capitalism is bad. Globalism is bad. Racism is bad. All politicians, all parties are the same -- bad. The rich get all the breaks; the young and poor are ignored.
He plans to visit all 31 states for what he calls "the other campaign," a counterpoint to Mexico's presidential campaign. President Vicente Fox has promised safe passage for Marcos, despite the fact that he does not recognize Mexico's sovereignty.
Even with the rise of the left in other Latin American countries, most recently the election of new presidents of Chile and Bolivia, few here believe Marcos' brand of anti-capitalism will catch on. Half a million or more Mexican men and women risk their lives crossing the border to the U.S. each year for the chance to build a better life, with the clothes, cars and other material goods afforded by the market system.
For the estimated quarter of a million indigenous people who live in villages run by Zapatistas, poverty continues as always. The Zapatista-controlled villages don't accept any government services, including education and medical care. And international financial support for the movement has dwindled.
Still, it's hard to resist a masked guy in a natty cap and black-and-brown fatigues who smokes a pipe through the hole of his balaclava and rides a black motorcycle. Even if he's really not a jungle native but 48-year-old Rafael S. Guillen, a paunchy former philosophy teacher and son of a furniture seller from northern Mexico, as the government claims and he denies.
Marcos drew more than 1,000 people to a park here and several hundred others to a dirt soccer field in nearby Playa del Carmen. Devoted supporters mixed with casual sympathizers, working poor, tourists and passersby.
Opening night in Playa del Carmen on Tuesday featured musicians playing drums and conch shells and hammering two marimbas made from rough-hewn wood and bamboo. They led a procession of costumed stilt-walkers who sashayed through the crowd dressed in long white dresses, traditional skull masks and sombreros.
While the musicians went into an extended Maya-style jam onstage -- much like a Venice Beach drum circle -- a couple of kids got into the spirit, stripping to the waist and walking on their hands.
"The message is a little obscure -- my Spanish isn't so good," said one of the drummers, David Bandikoro, who moved from Paris last year to study indigenous music in Tulum. "But freedom and egalitarianism, I understand that."
Shortly before 9 p.m., Marcos arrived at the soccer field, and a line of supporters clasped hands to form a human chain that separated him from the crowd. He shook hands with the musicians and posed for photos.
The group's slogan, he said, is "for everyone, everything; for us, nothing."
Tourism means selling out to foreigners, he said, and accepting a life as a servant and peon. The rich take their pleasure in beachfront hotels while workers live in squalor and the environment is ruined. The presidential candidates, he said, are criminals. "We came to tell you," he said, "that no one can save you. You have to save yourselves."
Many agreed with him. Others scratched their heads.
"He says some good things, but what's his objective? What's he going to do?" said Leonel Vasquez Carranza, 47, an unemployed hotel waiter who arrived here Wednesday night with an open mind and left pretty opinionated. "He's good with words, but how is going to do anything concrete?"
It's difficult to know what Marcos means exactly because he refuses interviews and doesn't take questions from the audience. His handlers suggest sending questions to his website: www.ezln.org.mx. Don't expect a quick reply, they warn; Marcos is busy.
The big concern here in Cancun isn't ideology; it's jobs. Hurricane Wilma stormed through in October, and thousands of hotel rooms remain empty, either for repairs or lack of interest.
Construction jobs are booming, but service jobs won't bounce back until tourists return en masse. The monster resorts are still rebuilding.
"It's true, the candidates all say, 'We'll help you,' but they never do," said Agustin Gonzalez, 51, a condominium maintenance worker. "But we don't want their help. We want jobs, for ourselves and for our children."
Home Reporting & Editing Aretha Franklin is the first woman to win a Pulitzer special award and citation. Ever.
Aretha Franklin is the first woman to win a Pulitzer special award and citation. Ever.
Since 1930, 41 people and institutions have been awarded special citations from the Pulitzer Prize Board. On Monday, for the first time, a woman joined that list.
Aretha Franklin, who died Aug. 16, 2018, was given a special award and citation. While past citations have been awarded to institutions that included women, such as The Kansas City Star, the St. Louis Post-Dispatch and Gannett newspapers, the Queen of Soul is the first individual woman, and the first black woman, to be honored with a citation.
Franklin joins other music legends including Hank Williams, Bob Dylan, John Coltrane, Thelonious Monk, Duke Ellington, Scott Joplin, Richard Rodgers and Oscar Hammerstein. Others honored with the citation include The Cartographers of the American Press, Alex Haley, E.B. White, Dr. Seuss and Ray Bradbury.
Other women the Pulitzer board should consider in the future: Nina Simone, Ella Fitzgerald, Billie Holiday and Dolly Parton, Deggans said.
“There are lots of women who were pioneering artists who inspired a lot of people who came after them,” he said.
It’s sad that, except in the case of Bob Dylan, most of the artists the Pulitzers recognized had already died, Clark said.
I'm a journalist with more than 20 years of newspaper experience, a copy editor at heart. As News Director, I oversee the team of writers, photographers, producers and editors who cover Asheville, Buncombe County and beyond. Since 2010, I've been the editor of WNC Parent magazine, a monthly publication of the AC-T.
I'm a native of the Midwest and have called Western North Carolina home for about 12 years.
Teenage girls “switching off” to a career in technology is part of a broader societal issue and preconceived notions of what are female and male jobs.
This is the view of Amazon’s global CTO Werner Vogels and Australia and New Zealand MD Paul Migliorini, who told CIO Australia that this a challenge that needs to be addressed if Australia is to effectively deal with its ongoing tech skills shortage.
The technology industry’s huge gender gap was on show during the AWS Summit in Sydney last week. The more than 10,000-strong crowd attending the two day conference was overwhelmingly young and middle-aged men. Data from the United States suggests that the male to female ratio is getting worse.
“Different countries see things from different perspectives,” Werner told CIO Australia. “I was recently in Thailand where we met with top leaders in the industry and it turns out all the CEOs at [Thai] banks are female. Meeting with the CEOs of the top 50 companies [in Thailand], there’s a significant number of leaders there that are female.
“I was surprised and I asked about it – they say that it has to do with the fact that help in the house is readily available,” said Vogels. He was referring to workers who are employed to help with domestic duties in and around the house.
AWS’ Migliorini said diversity is one of the biggest opportunities the industry has to take Australia forward to create broader cognitive diversity across the community.
“As we are thinking about building that next generation of [software] builders, today we’ve got a skills shortage. If we are really going to affect it tomorrow, we’ve got to broaden the talent pools to the broadest possible context that we can,” he said.
He cited AWS Educate for Students, which began last year, as a vehicle to help engage and encourage a broader range of young people to pursue careers in IT.
“But also it’s about trying to learn at what point, some of these teenage girls particularly, switch off to a career in tech ... the data tells us that this happens in their mid-teens and that's part of the challenge that we need to address."
Rapper Kid Cudi has been arrested on criminal charges in New York City.
The singer was apprehended in the Chelsea area on Friday (June 11) on charges of criminal mischief and criminal possession of a controlled substance. However, he was still able to perform at the Bonnaroo festival in Tennessee later, as scheduled.
Cudi, who hails from Cleveland, is signed to Kanye West‘s label GOOD Music and co-wrote two of the songs on the star’s 2008 album ‘808s and Heartbreak’. He also currently stars in the HBO cable television comedy series How To Make It In America.
The fabrication of liquefied petroleum gas (LPG) vessels, or ‘bullets’, for an open access LPG terminal being developed at Saldanha Bay, in the Western Cape, has been completed.
Sunrise Energy reported on Monday that the bullets would be moved to the terminal site over the coming five weeks, marking a key milestone in Phase 1 of the R1.2-billion storage project.
The pressure vessels, which were fabricated domestically, would provide 5 500 t of LPG storage capacity at the facility, which would be operational by the second quarter of 2017.
The company would provide terminal services to gas importers and would not own or trade LPG, with the National Energy Regulator of South Africa recently granting tariff approval for the facility.
Sunrise Energy CEO Pieter Coetzee said the project would alleviate the gas shortages that the Western Cape had been experiencing, particularly during the colder winter months.
He added that the two subsequent phases would be suited for the delivery of LPG to a power generation project in Saldanha.
Sunrise Energy is majority owned by MOGS (60%), a subsidiary of Royal Bafokeng Holdings (RBH), with the State-owned Industrial Development Corporation (31%) and Illitha Group Holdings (9%) as minority participants.
RBH CEO Albertinah Kekana said the completion of the project would play a role in helping resolve South Africa’s energy challenges and promote fuel and energy security.
Kroger Co. (KR) on Thursday reported fiscal first-quarter profit of $619 million.
The Cincinnati-based company said it had profit of $1.25 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.
The supermarket chain posted revenue of $33.05 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $33.3 billion.
Kroger expects full-year earnings to be $3.80 to $3.90 per share.
Kroger shares have climbed 14 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2 percent. The stock has climbed 55 percent in the last 12 months.
Federal regulators announced new rules Wednesday governing the quickly growing prepaid debit card industry, an effort more than two years in the making which should bring basic account protections to its customers, who are often financially disadvantaged.
Prepaid debit card issuers will have to provide their users with basic account information like balances and transaction history free of charge to customers. Protections for lost or stolen cards will also be expanded to prepaid debit cards. Fees for the cards will have to be more clearly disclosed on the packaging.
"Before today ... many of these products lacked strong consumer protections under federal law," Richard Cordray, director of the Consumer Financial Protection Bureau, said in a prepared statement. "Our new rule closes loopholes and protects prepaid consumers when they swipe their card, shop online, or scan their smartphone."
Once a product whose only purpose was to function as a gift card, prepaid debit cards have become increasingly popular over the last 15 years and have effectively replaced a traditional checking account for millions of Americans. Roughly $65 billion was loaded onto prepaid cards in 2012, the most recent year for which data are available. That's more than double the amount loaded in 2009, only three years before. The amount loaded is expected to double again by 2018.
Sold in most grocery or convenience stores, the cards are largely used by lower income Americans, who are statistically more likely to be young, a racial minority and likely to earn less than $25,000 a year, according to the Pew Charitable Trusts.
As the industry has grown, it has had more than its fair share of controversy. Early prepaid cards carried extremely high monthly fees, even sometimes fees to load money onto a card. The RushCard, a card backed by hip-hop mogul Russell Simmons, suffered a massive technical glitch a year ago that locked more than a hundred thousand customers out of their funds, sometimes for weeks.
The industry's missteps have allowed more traditional banks and financial services companies to come out with their own prepaid cards, including JPMorgan Chase and American Express.
The industry did win one significant concession. The CFPB will allow prepaid debit cards issuers to provide overdraft services, which would legitimize a small, controversial part of the prepaid debit card industry. Only 2 percent of all prepaid debit cards allow for their customers to overdraft, according to the National Consumer Law Center. With the CFPB's blessing, that percentage will likely expand.
Consumer advocates had been pushing hard to ban overdraft in prepaid cards, arguing that many prepaid customers used the card specifically to avoid being exposed to overdraft. But by making overdraft available, it makes prepaid debit cards nearly synonymous in their features as traditional checking accounts.
The new rules go into effect October 1st, 2017.
"Research shows many consumers turn to prepaid cards to control spending and to avoid overdraft fees. Moving forward, we strongly encourage the bureau to rein in these harmful fees for checking accounts, the most widely used financial product in the U.S.," said Nick Bourke, director of consumer finance at Pew Charitable Trusts.
Industry reaction to the finalized rules was mixed. Green Dot, the largest provider of pre-paid cards, said they "embrace" the new regulations and that the new rules provide a more "level playing field" for card issuers compared to traditional checking accounts.
The Network Branded Prepaid Card Association, the lobby group for the larger industry, expressed some concern saying the rules could burden the industry with more regulation, particularly smaller issuers of prepaid cards.
SAN FRANCISCO--(BUSINESS WIRE)--Today Charles Schwab announced the launch of Institutional Intelligent Portfolios™ -- an automated investment management platform designed specifically for RIAs and sponsored by Schwab Wealth Investment Advisory, Inc. Institutional Intelligent Portfolios enables firms to reach new market segments and scale their businesses, while complementing the invaluable wealth management services and client experience advisors already provide today.
Institutional Intelligent Portfolios offers RIA firms flexibility across portfolio construction, ETF selection, and branding for their client experience. Firms can create their own set of portfolios, reflecting their investment philosophy and choosing from more than 450 ETFs across 28 asset classes and all major fund families at their discretion. Those ETFs represent more than 80 percent of the total ETF assets currently held by advisors’ clients at Schwab, and cover nearly 100 percent of advisors’ clients’ assets invested in ETFs selected for the 28 asset classes represented in Institutional Intelligent Portfolios.
With Institutional Intelligent Portfolios, advisors can customize the platform to meet their business needs by determining their portfolio strategies and account features, setting each portfolio’s asset allocation and selecting their ETFs. They can also brand the client experience with their firm’s logo and contact information.
Upon completion of an initial Investor Profile Questionnaire – a series of questions about the investor’s investing goals and risk tolerance – the advisor’s client is mapped to one of the advisor-designed portfolios. Advisors then make a final review of the client’s profile and portfolio assignment and adjust it if necessary before approving it, at which time money can be invested. All portfolios must maintain a minimum allocation of 4 percent in cash.
Once established, these accounts can be automatically enrolled, with the advisor’s client’s agreement, for electronic delivery of trade confirmations, statements, communications and other documents, and advisors’ clients can access their account using Schwab Alliance or through a dedicated website and mobile app.
Institutional Intelligent Portfolios accounts will be displayed in Schwab Advisor Center (Schwab’s desktop client management system for RIAs), alongside the advisor’s other client accounts. Data on Institutional Intelligent Portfolios accounts will be available for download through Schwab Data Delivery to use in advisors’ portfolio management systems, including those offered through Schwab Performance Technologies such as PortfolioCenter, Schwab’s portfolio management tool for advisors. Users of Schwab OpenView Gateway also will be able to access real-time information on these accounts through all participating third-party applications.
The program’s pricing structure is based on total assets custodied with Schwab outside of the Institutional Intelligent Portfolios program. For advisors with less than $100 million in assets under management (AUM) with Schwab, there will be a 10 basis point platform fee. For those firms who maintain more than $100 million in AUM at Schwab, there will be no fee. No account service fees, trading commissions or custody fees will be charged to advisors’ clients by Schwab.
Schwab will also provide extensive resources and support to RIAs to help them evaluate and set up Institutional Intelligent Portfolios for their firms. A dedicated, specialized advisor service team will support technical and platform functionality. For clients of advisors, Institutional Intelligent Portfolios offers 24/7 customer service when the advisor is unavailable.
Schwab affiliates earn revenue from the underlying assets in Institutional Intelligent Portfolios accounts. This revenue comes from managing Schwab ETFs™ and providing services relating to certain third party ETFs that can be selected for the portfolio, and from the cash feature on the accounts. Revenue may also be received from the market centers where ETF trade orders are routed for execution.
Cash Balances are held in the Sweep Program at Schwab Bank and are eligible for FDIC insurance up to allowable limits.
See the Institutional Intelligent Portfolios™ disclosure brochure for important information.
Institutional Intelligent Portfolios™ is made available through independent investment advisors and is sponsored by Schwab Wealth Investment Advisory, Inc. ("SWIA"), a registered investment advisor. SWIA is an affiliate of Charles Schwab & Co., Inc. (“CS&Co.”) and is a subsidiary of The Charles Schwab Corporation.
Independent investment advisors and Schwab are independent of each other and are not affiliated with, sponsored by, endorsed by, or supervised by each other.
The emergence of automated investment management is a key consideration for advisors today, fueled by the evolution in technology, new market entrants and changing client expectations. Schwab Wealth Investment Advisory, Inc. sponsors Institutional Intelligent Portfolios to meet the needs of independent registered investment advisors (RIAs) - to help them grow more efficiently, while complementing the invaluable wealth management services and client experience they already provide.
Schwab affiliates do earn revenue from the underlying assets in Institutional Intelligent Portfolios™ accounts. This revenue comes from managing Schwab ETFs™ and providing services relating to certain third-party ETFs that can be selected for the portfolio, and from the cash feature on the accounts. Revenue may also be received from the market centers where ETF trade orders are routed for execution.
must be enrolled to receive this service.
Cash balances held in the Sweep Program at Schwab Bank are eligible for FDIC insurance up to allowable limits.
Schwab financial professionals are employees of Charles Schwab & Co., Inc.
Institutional Intelligent Portfolios is made available through independent investment advisors and is sponsored by Schwab Wealth Investment Advisory, Inc.(“SWIA”), a Registered Investment Advisor. SWIA is an affiliate of Charles Schwab & Co., Inc. (“CS&Co.”) and a subsidiary of The Charles Schwab Corporation.
Charles Schwab & Co., Inc. and Charles Schwab Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products, including the Schwab One® brokerage account, are offered by Charles Schwab & Co., Inc., Member SIPC. Deposit and lending products are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender. Schwab Advisor Services™ serves independent Investment Advisors and includes the custody, trading and support services of Charles Schwab& Co., Inc., Member SIPC. Independent investment advisors and Schwab are independent of each other and are not affiliated with, sponsored by, endorsed by, or supervised by each other.
©2015 Schwab Wealth Investment Advisory, Inc. All rights reserved.
Charles Schwab announced the launch of Institutional Intelligent Portfolios, an automated investment management platform designed specifically for RIAs.
Indian Prime Minister Narendra Modi got another chance to try his hand at the drums during his five-day tour of Africa.
On his third stop, Tanzania, Mr. Modi bashed out some beats with Tanzanian President John Pombe Joseph Magufuli.
In 2014, during his visit to Japan, he played the taiko drums. He watched some percussionists playing the traditional Japanese instruments at an event and then stole the show by grabbing the sticks and starting to play.
The Tanzania affair was more planned, as the drums were set up on a platform where the two leaders stood. Mr. Modi took to them enthusiastically, upping the tempo toward the finale.
The Ministry of External Affairs tweeted this clip of him playing.
While diesel prices remained unchanged, petrol witnessed a decrease of 18 paise in Delhi as compared to Tuesday.

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