Day: July 3, 2020

Hoboken To Offer New ‘Slow Streets’ For July 4, More

HOBOKEN, NJ – Hoboken is again offering its “slow streets” program this weekend, restricting certain streets to vehicular traffic to make it easier for pedestrians and bike riders. See below for this weekend’s streets, and for other July 4 activities nearby check out our Hoboken July 4 guide, including an update on the Macy’s fireworks.

The complete list of slow streets for July 4-5 is:

  • Sinatra Drive between Newark Street and 11th Street: 8 a.m. until 11 p.m. (July 4), 8 a.m. until 8 p.m. (July 5)

  • Sinatra Drive North between Sinatra Drive and 12th Street: 8 a.m. until 11 p.m. (July 4), 8 a.m. until 8 p.m. (July 5)

  • Hudson Street between 11th Street and 14th Street: 4 p.m. until 11 p.m. (July 4)

  • 14th Street between Hudson Street and Sinatra Drive North: 4 p.m. until 11 p.m. (July 4)

Residents with vehicles legally parked along Sinatra Drive and

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Colleges Rescinding Admissions Offers as Racist Social Media Posts Emerge

The University of Florida campus in Gainesville, Fla., Feb. 26, 2020. (Eve Edelheit/The New York Times)
The University of Florida campus in Gainesville, Fla., Feb. 26, 2020. (Eve Edelheit/The New York Times)

A star high school athlete recruited to play football for Cornell University will no longer be attending the school after a Snapchat video of him using a racial slur went viral.

Marquette University revoked an incoming freshman’s admission offer because of a Snapchat post mocking the death of George Floyd.

And an honors student bound for the University of Florida now has to make other college plans after the university learned of an Instagram post in which the student declared she was “most definitely” a racist.

Amid a national accounting over entrenched and systemic racism after Floyd’s death in police custody on Memorial Day, at least a dozen schools have rescinded admissions offers to incoming students over instances of racism that circulated widely online, often after outraged students and university alumni demanded swift action.

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Olympic Casino’s asset grab unnerves European junk bond investors

By Yoruk Bahceli

AMSTERDAM (Reuters) – A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets away from creditors are coming to Europe.

Olympic Entertainment, owned by private equity firm Novalpina Capital, told bondholders on June 18 it had moved some assets – all its online operations and a Lithuanian business – into an entity not bound by its credit agreements, according to an email seen by Reuters.

The company, which operates the Olympic Casino brand, distributed shares in the separate entity to a parent company controlled by Novalpina, the email said, effectively paying the London-based firm a dividend.

Olympic Entertainment, which had 114 casinos at the end of 2018 in Estonia, Latvia, Lithuania, Slovakia, Italy and Malta, did not respond to requests for comment.

Olympic’s asset shift means holders

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Current Volume Level Is Likely Unsustainable, But Just How High Can We Expect Throughput To Be Post-Fourth?

This week’s DHL Supply Chain Pricing Power Index: 55 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 50 (Balanced)

Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Volumes have continued to burst all around the country this week. Carriers are rejecting loads at rates only seen during the March panic-buying spree buildup. Spot rates have been bid up above 2019 levels in many markets around the country, but this trend is unlikely to continue given typical seasonality. However, volumes are so high currently that a significant decline could still keep OTVI above 2018/2019 comparables. 

The Pricing Power Index is based on the following indicators:

Load volumes: Absolute levels and momentum positive for carriers

Outbound tender volumes

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Car Brands That Are Making Buying a Car Worth Your While During the Pandemic

The coronavirus crisis has forced automakers to get crafty with car sales, and incentives like low financing rates and deferred payment options are luring customers into car lots — even if they’re not actually entering the dealership. In fact, many car companies are making it easy for buyers to shop online, make a purchase and receive their new vehicle without ever leaving their homes.

Here’s a look at what every major automaker is doing to tempt new buyers. However, it’s important to note that you have to read the small print. Restrictions often apply, many offers are available only through participating dealers and most deals are only good for well-qualified buyers who get loans through the automaker’s financing arm. But one thing is for sure with all these new offers, the auto industry is changing.

Last updated: July 3, 2020

Acura

Acura is extending a 90-day payment deferral program for

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Domestic workers dumped on the street amid unprecedented economic collapse

Over a dozen Ethiopian domestic workers camp outside the Ethiopian embassy in Beirut after being dumped by their employers: Bel Trew
Over a dozen Ethiopian domestic workers camp outside the Ethiopian embassy in Beirut after being dumped by their employers: Bel Trew

Bewildered and scared, Ife, an Ethiopian domestic worker, explains how just a few hours ago she thought she was on her way to Beirut airport. “So you can fly home,” her cash-strapped employer had said while pushing her out of the car in front of the Ethiopian embassy.

“It was a lie,” whispers the 24-year-old, clutching her belongings like a lifebuoy.

“I cried and cried because I haven’t been paid since January. I have no money. I have a son.”

Ife only has one option: sleep rough alongside dozens of other Ethiopian women also dumped by their employers in front of the consulate in Beirut and beg to be repatriated home. They are among a growing number of migrant workers in Lebanon that have been abandoned by their bosses

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Lin-Manuel Miranda Wants To Put You in the Room Where It Happens

Photo credit: Getty
Photo credit: Getty

From Harper’s BAZAAR

With every state now in a phase of reopening, we’ve begun cautiously tiptoeing into a new normal, dining out at restaurants en plein air, and entering shops with masks secured. But some spaces—like Broadway theaters, concert halls, and other high-capacity venues—remain shuttered indefinitely, with no way of knowing when they might once again be able to safely open their doors.

Attending a live performance is therefore a distant prospect, but thanks to an upcoming release on Disney+, you’ll soon be able to get your Broadway fix at home. As of today, Lin-Manuel Miranda’s Tony-winning musical Hamilton is available to stream from the comfort of your couch. Taped in 2016 at New York City’s Richard Rodgers Theatre, the live recording features the production’s original cast, including Miranda himself. If you weren’t able to get tickets to Hamilton the first time around, now is your chance

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Outrage as Indian judge calls alleged rape victim ‘unbecoming’

Indian students participate in an anti-rape protest in Hyderabad in September 2013
Indian students participate in an anti-rape protest in Hyderabad in September 2013

An Indian judge has deleted comments from a court order that questioned the behaviour of a woman who alleged she was raped after days of protests from citizens and activists.

Granting bail to the rape accused last week, Justice Krishna S Dixit of the Karnataka High Court said he found the woman’s statement “a bit difficult to believe”.

Justice Dixit went on to ask why the woman had gone “to her office at night – at 11pm”; why had she “not objected to consuming drinks with him”; and why she had allowed him “to stay with her till morning”.

“The explanation offered by her that after the perpetration of the act she was tired and fell asleep is unbecoming of an Indian woman,” the judge said, adding that it was “not the way our women react when they

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Online games are harming children through gambling and other features, say Lords

Electronic Arts
Electronic Arts

Online games are harming children through the inclusion of gambling and other features, according to a major new report.

Regulators should score new games on the amount of harm they could cause to children and any that score too highly must be not be approved for sale, the report from the House of Lords’ Select Committee on the Social and Economic Impact of the Gambling Industry warns.

It recommends that the Gambling Commission establish the system for testing games, amid fears over the problems that “loot boxes” represent in encouraging children to gamble.

Experts have repeatedly warned that there is not enough protection for children from the feature, and that it could lead to gambling addiction and other societal problems if it is not tackled.

Current testing criteria of new games “astonishingly” do not consider the addictiveness or potential harm that could be caused, the Committee’s report said.

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What’s Next for TV Markets? Survey Highlights Reduced Delegations, Year-Round Online Events

Click here to read the full article.

As the industry gets used to working within the virtual space, U.K. media consultancy K7 Media has surveyed 40 clients — made up of some of the biggest international TV distributors, broadcasters, and production studios  — to learn more about their experience with these new virtual events and the role trade shows will play in the ‘new normal.’ K7 Media’s head of strategy Girts Licis looks at what’s next for TV markets and conferences.

As it became increasingly clear that physical events would be unable to go ahead as planned, we noticed everyone — from existing event organizers to publishers and analysts — rush to establish an online footprint.

There’s no doubt the industry has adapted well to ‘attending’ events online, with 55% of clients surveyed reporting watching or listening to an online session curated by a TV event. Highly anticipated annual markets,

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