Late News This information from last news on the day

India air safety watchdog to check airports hit by heavy rain after crash By Reuters

© Reuters. Officials inspect the site where a passenger plane crashed when it overshot the runway at the Calicut International Airport in Karipur

By Aditi Shah

NEW DELHI (Reuters) – India’s air safety regulator plans to conduct special audits of airports across the country affected by heavy rain, the watchdog’s chief told Reuters, days after an air crash killed 18 people and raised questions about safety.

An Air India Express plane with 190 people on board, overshot the rain-soaked runway at an airport near the southern city of Kozhikode on Friday. The Boeing (NYSE:) 737 landed in tailwind, skid off the runway and broke in half.

“We will conduct additional checks at major, busy airports across India that are affected by the monsoon rains,” Arun Kumar, head of the Directorate General of Civil Aviation (DGCA) said in an interview late on Monday.

“We will review everything – the condition of

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Three ways you can use lockdown to make your finances ‘antifragile’

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Only 39% of adults are confident in their ability to retire, which is down from 54% prior to the pandemic

All of this worry can be avoided by undertaking a thorough review of one’s overall situation via a financial plan which will map everything out including the potential risks. Then stress test the plan to see how it will impact your overall lifestyle under different scenarios. This will be incredibly helpful in the event there happens to be major change in one’s life including the death in the family, an illness causing disability, a divorce, or the loss of a job.

Review your will and estate

A proper financial plan will also flush out actionable steps such as ensuring your goals and objectives are properly reflected in your will. This couldn’t come at a more important time as we find it shocking that only 49 per cent

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The financial fallout of a canceled college football season

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August usually marks the start of the college football season—a time-honored, autumnal American tradition corresponding with the return of the academic year.

But as COVID-19 continues its spread throughout the U.S., that ritual appears to be in serious danger. The five largest college football conferences in America, known as the Power 5, are reportedly bracing for a cancellation of the upcoming football season—a move that would have wide-reaching economic consequences for scores of colleges and universities, not to mention their student-athletes and the massive industry that has grown around college sports.

College football generates more than $4 billion in annual revenue for the 65 universities making up the Power 5, according to data provided to Fortune by Patrick Rishe, director of the sports business program at Washington … Read More

Pressure takes its toll but China’s Li enjoys the experience By Reuters


(Reuters) – China’s Li Haotong says he struggled to deal with the pressure of leading a major championship but is confident the experience will hold him in good stead as he continues his pursuit of a maiden PGA Tour victory.

Li fired rounds of 67 and 65 to take the halfway lead at the PGA Championship, becoming the first mainland Chinese golfer to top the leaderboard in any round of a men’s major.

But rounds of 73 and 69 over the weekend dropped him down to 17th on six-under-par, seven shots behind champion Collin Morikawa.

“Saturday was very stressful ever since I woke up… since I’ve never been there before,” said Li. “I just felt super tired, not because of practice, but today I felt like everything was released.

“I played really well until 16, missed a short birdie putt, and 18, I just want to go aggressive, try to

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Don’t buy ‘worthless’ Hertz stock and other investing wisdom from the pandemic

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Investors still don’t think

This can be tied in a bit to the greed comment above, but in some areas of the market it is very clear that investors are not putting much thought into things, either. The absolute best example in the crisis is Hertz Global Holdings (HTZ on NYSE). Hertz is bankrupt. It has filed the regulatory papers as such. Everyone knows this. But then, due to somehow overwhelming investor demand for its stock, it decided to sell new shares, up to US$1 billion worth. The deal looked like it would be an easy sell. It didn’t matter that the company warned more than 12 times in the prospectus that, “the shares are likely worthless.” It mattered not. Investors wanted in on the action. The SEC, knowing that sometimes investors are their own worst enemy, had to put a stop to the share sale. This

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Black-owned food businesses are seeing a surge in publicity and customers—and hope that investors are next

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It was a regular afternoon in May for Denise Woodard. Her daughter raced past in the background while she attended Zoom meetings from her Jersey City apartment in the black leggings and T-shirt combo that had been her uniform even before coronavirus. But when she went to check her email, the founder of Partake Foods experienced something new: hundreds of new messages, all from retailers and companies interested in selling her vegan, allergy-friendly, gluten-free cookies.

Before the pandemic, Woodard’s company Partake Foods was already set to launch nationwide with Target and hit 2,700 stores by the end of 2020. But after the murder of George Floyd by Minnesota police officers, Woodard and other Black business owners suddenly found themselves receiving more attention, the kind of interest from … Read More