In California, foster youth are able to stay in care until they turn 21. “At 21, you’re on the street, you’re emancipated,” says Supervisor Dave Cortese, one of Santa Clara County’s five elected supervisors. At that point, the transition into adult life can be tough. “Not to stereotype,” Cortese says, “but traditionally, it’s a cohort that would be overrepresented in clinical mental health problems, homelessness, and food anxiety.” A study conducted among transitioning Midwestern foster youths showed that 29% of the individuals had become homeless by age 23 or 24. … [Read more...] about This $1000-a-month universal basic income program is designed to help foster youth survive
In some Chinatowns, volunteer patrols are forming to protect residents and confront harassers. The Guardian Angels, with patrols in over 130 cities worldwide, are recruiting in US Asian communities for the first time in 41 years. Members include seniors and women, who are often targets of abuse. … [Read more...] about US Asians, harassed over coronavirus, push back on streets, social media
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Dabur India Q4FY20 earnings were below our projections with a miss in Revenue, EBITDA and PAT front. The company has reported a lower net profit at Rs 281 crore for the quarter under review as compared to Rs 370 crore for the same quarter in the previous year, impacted on account of lockdown during the second half of March 2020. Net sales dropped by 12.3% at Rs 1,865 crore for Q4 FY20 as compared to Rs 2,128 cr for the Q4FY19, EBITDA declined 23% YoY to Rs 352 crore for the Q4FY20 from Rs 457 crore for the Q3FY19 and EBITDA margin contracted 260 bps to 18.9%.The company recommended a final dividend of Rs 1.60 per share for the financial year 2019-20. … [Read more...] about Hold Dabur India; target of Rs 492: Arihant Capital
"The launch is in line with our vision to create a ladder of Bharat Bond ETFs across various maturities on the yield curve. This will provide more options for investors to match their investment needs with different time horizons,” Radhika Gupta, CEO of Edelweiss Mutual Fund said. … [Read more...] about Bharat Bond ETF second tranche to launch in July: All your questions answered