In the state of Michigan, it is illegal to paint a sparrow with the intention of selling it as a parakeet. Which means, unfortunately, that if you are skilled enough to catch a white-and-brown sparrow, hold it still for long enough to paint it green, blue and yellow, then pawn it off on to some poor schmuck as a parakeet, your deceitful artistry would be considered a criminal act. In some states, you would be tried as a con artist; in Michigan, crafty birder, there is a law just for you. advertisement I Fought The Law, which warns readers in the introduction to take its proclamations with a grain of salt. An offshoot of Locher’s 2013 photo series of the same name, the book’s colorful and satirical images illustrate “America’s most unusual laws.” Some remain on the statute books, while others have since been removed, or were merely myths to begin with. All of them make supremely fun and surreal photographs in Locher’s hands. … [Read more...] about 10 Absurdist Photographs Depicting “America’s Most Unusual Laws”
Gaurav GargAfter the announcement of Q2 FY20 results, most of the OMCs announced below estimate bottomline along with muted revenues. Factors that impacted performance were low demand, lower diesel to petrol price parity and struggling auto sector. Let’s look at these in detail to get a perspective.Crude oil prices surged briefly after explosive drones cut Saudi Arabia’s oil production by half, but it remained in lower range for most part of the quarter. In Q2, Brent Crude prices traded in the range of $57-$70 a barrel. Brent Crude closed at $62.22 on November 11th, 2019. Lower crude prices generally mean, higher GRMs and in turn higher profitability for OMCs.Close Indian economy grew at its slowest pace in more than four years in the March quarter and the risk of a wider fiscal deficit threatens government spending as private investment falls, leaving the outlook for infrastructure and construction activities to be uncertain over the near to medium term. related news … [Read more...] about Why OMC’s Q2 results failed to meet street’s expectations?
Yes Bank share price declined more than 4 percent intraday on November 19 after promoters sold their remaining stake in the private lender.Morgan Credits, Rana Kapoor and YES Capital sold remaining 0.8 percent stake in the company on November 13 and 14, CNBC-TV18 reported.Earlier in this month ace investor Rakesh Jhunjhunwala bought 1.29 crore shares (0.5 percent) at an average price of Rs 67.1 in the private lender through open market transactions.Close At 1514 hours, Yes Bank was quoting at Rs 64.20, down Rs 1.70, or 2.58 percent on the BSE. related news IDBI Bank share price rises 7% on divestment of stake in asset mgmt biz D-Street Buzz: Nifty PSU Bank jumps 4% led by OBC, Syndicate Bank; RIL up 3%, YES Bank drags Accelya Solutions share price jumps 17% on acquisition by Vista Equity Partners The share touched its 52-week high of Rs 285.90 and 52-week low of Rs 29.05 on April 3, 2019 and October 1, 2019, respectively.It is trading 77.56 percent below its 52-week … [Read more...] about Yes Bank share price dips 4% after promoters sells remaining stake
Babbel and The Wall Street Journal both turned away from the Freemium model this week. The outcome will be drastically different for each. advertisement advertisement Babbel, a language-learning site, came out of beta today with a surprise: It will be charge between $6.65 and $11.95 per month for access, according to TechCrunch. “Freemium doesn’t work for us,” the startup’s director told TC. It’s not for want of funding, either. Babbel held two successful rounds of funding in Europe, winning at least $1 million euros in total. But the subscription model allowed the company to do away with unsightly advertisements on its site, and to license higher-quality content from language publishers. The site’s principals are also hoping that a locked-in subscription account will keep the average language-learner active on the site, and prevent users from defecting to a free competitor. The second site to close down freemium access may be The Wall … [Read more...] about Can “Freemium” Work? Babbel and WSJ Say No and One of Them Is Wrong
Pablo Eisenberg, a Senior fellow in the Center for Public and Nonprofit Leadership at Georgetown Public Policy Institute in Washington, D.C., penned a terrific op-ed in The Wall Street Journal Tuesday entitled “What’s Wrong With Charitable Giving–and How to Fix It.” But his analysis of the challenges facing the nonprofit and charitable community and his suggestions for how to fix the system didn’t go far enough. advertisement advertisement Mr. Eisenberg is absolutely right when he says “Much of current philanthropic giving, by foundations and individuals, neither meets the needs of our charitable organizations nor addresses some of our most urgent public needs.” And his nine recommendations, including increasing payouts and general operating support, adopting rolling grant-making, and reaching out to local groups and under-served regions, are sound. But even these significant changes in the way the nonprofit and charitable community … [Read more...] about What’s Wrong With the Analysis of “What’s Wrong With Charitable Giving-and How to Fix It”