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It was a cry for help that inspired entrepreneur Eric Coly to launch his startup. The former investment banker was approached by a close friend who confided to him that she needed counseling, but she couldn’t find a therapist. Or more specifically, she couldn’t find an African-American therapist. She wanted someone who could understand her experience as a woman of color. advertisement advertisement Coly, a Senegal native diagnosed with depression, understood her frustration too well. He had also experienced the gap between the counseling needs of minorities and the availability of the services. It’s a common issue: Of the 100,000 therapists in the U.S, 86% are white, 5% Hispanic, 5% Asian, and 4% African American. Meanwhile, the American landscape looks far more diverse: The population is 62%  white and 38% racial/ethnic minority, with the latter expected to grow to the majority by 2050. “Take aside the stigmatization and the lack of access … [Read more...] about This app matches marginalized communities to therapists who share their background

Sameet ChavanThe market has seen a stupendous run over the past couple of months without any major correction. Last week, we finally saw some respite to this ongoing optimism.Close Traders’ fraternity looked disappointed after the Reserve Bank of India (RBI) maintained its "status quo" stance on its repo rate. This resulted in a decent decline on the following day as well to register the weakest week in the last two months.Sameet ChavanChief Analyst- Technicals & Derivatives|Angel Broking Hot Stocks: Nifty clocks record highs, enters uncharted territoryHot Stocks | Wait continues for record highs; pharma on the path of revivalHot Stocks: Just a pause before a new high! Strong support for Nifty at 11,843 levelsClearly, last week’s tail-end correction was a bit unexpected to us. But, since the outcome from the policy was not on expected lines, such a reaction was evident.The index is now standing at a crucial juncture and the trend for the forthcoming week would be … [Read more...] about Hot Stocks: Profit booking triggers post RBI monetary policy

Last month, consummate car guy Bob Lutz—a former vice chairman of General Motors and champion of the game-changing Chevy Volt—shared his vision of fully automated vehicles (AVs) in Automotive News. In less than two decades, he claimed, interchangeable “modules” would provide trips on demand, humans would be banned from highway driving, and “everyone will have five years to get their car off the road or sell it for scrap.” advertisement advertisement Lutz isn’t the first to argue that automakers are doomed. But he and others place too much faith in technology and too little in our relationship with cars and the brands behind them. A few weeks before that particular screed, Audi of America president Scott Keogh and former U.S. Secretary of Transportation Anthony Foxx took the stage at the Fast Company Innovation Festival in New York City, offering a more nuanced view of the future. As they see it, the transition to autonomy will be more … [Read more...] about Debunking Myths About Automated Driving

To promote its new Athleisure Makeup line, Tarte partnered with social media “fitfluencers” to push the concept that “sporty is the new sexy.” The campaign, titled Hustle & Glow, includes a beautifully produced video in which a woman wakes up in her spacious Malibu mansion and heads to the bathroom for a full beauty routine in preparation to . . . go on a solo run. advertisement advertisement The video was met with wide appreciation from Tarte fans (and nearly 80,000 YouTube views), with many saying it inspired them to get out there and look good on the asphalt (or sand). As athleisure becomes more than just a fashion trend, it’s extended into new, unexpected categories. Cosmetics is one of them. It’s makeup that’s easy, comfy, and suited for an active individual. Brands big and small now cater to the growing fitness enthusiast, many of them millennials who are willing to pay for a sweat-proof mascara or non-clogging foundation. … [Read more...] about Athleisure Makeup Has The Cosmetics Industry Breaking A Sweat

On April 1, state-run lenders, Dena Bank and Vijaya Bank, merged with Bank of Baroda and became the country’s third largest bank after the SBI and HDFC Bank. The consolidated bank was named Bank of Baroda and has over 9,500 branches, 13,000 ATMs, 85,000 employees and 12 crore customers.Moneycontrol’s Hiral Thanawala spoke to Virendra Sethi, Head of Retail Banking and Mortgage at Bank of Baroda, talks about the way the bank is gaining by cross-selling to new customers of the merged entity and changes made in products portfolio. He also elaborates on switching from MCLR to repo rate-linked home loans, and using credit scores of borrowers to price the loans on offer.Q: How do you plan to gain from this mega-merger and what are the products/schemes that you plan to cross-sell to customers of the merged entity?Close A: After amalgamation, at the back-end we ran an algorithm to identify potential customers from Dena Bank and Vijaya Bank with a good track record of savings and … [Read more...] about ‘This is the best time to switch from MCLR to repo-rate-linked home loans:’ Bank of Baroda