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Almost 10,000 unemployment claims filed in Southwest Utah as tourism industry lags

About 10% of Southern Utah workers have filed for unemployment amid the coronavirus, which doesn't include self-employed and many non-profit workers.

       




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Pensioners spend just FIVE years of their retirement in good health, warns new research



PENSIONERS spend just five years of their retirement in good health, warns new research.




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Why is the Government trusting the word of this ‘genius’, says FREDERICK FORSYTH



AMONG the many foolish vanities to which Mankind subscribes is the belief he can foretell the future. He has been trying since time immemorial. First there were chicken entrails, then animal bones, progressing to the stars, palms, crystal balls, tarot cards and tea leaves. All methods were consistent to 90 per cent - they were all bunkum and remain so. Now overtaking them all is the pseudo-scientist/boffin.




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This weekend: New Ariana Grande and Justin Bieber, Michelle Obama doc, 'SNL' season finale

Out this weekend: Ariana Grande and Justin Bieber's new duet, Michelle Obama's documentary on Netflix and the season finale of "Saturday Night Live."

      




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Man who recorded Ahmaud Arbery's shooting on video was just a witness, his lawyer says

The lawyer for William "Roddie" Bryan, the Georgia man who recorded video of two white men shooting Ahmaud Arbery, says his client is not a vigilante.

      




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The $440 million nonprofit arts industry expects major damage. Here's how to help.

Indianapolis' nonprofit arts sector supports about 30,000 jobs. The closures forced by coronavirus are causing damage to theaters, artists and more.

      




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Arts venues will be among the last to reopen and must overcome some of the toughest hurdles

Social distancing and people's potential discomfort sitting in auditoriums have given Indianapolis venues several problems to solve amid coronavirus.

       




ust

Letters: General Assembly must improve public education spending, teacher pay

We have not kept up, and we are losing a generation of teachers.

      




ust

Letters: Congress must enact measures to limit scope of future wars

Future authorizations must be limited in scope and duration so that wars can no longer be waged endlessly without public deliberation, a letter says.

      




ust

Letters: Trump keeps campaign promises by building a robust economy

Keeping him in office prevents the left from destroying America with their socialistic ideology, a letter to the editor says.

      




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Letters: State officials must offer end date for stay-at-home restrictions

While acceptable as a short-term mitigation strategy, the stay-at-home restrictions cannot be the long-term solution to this crisis.

       




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Letters: Robust health care system needed to combat coronavirus threat

Until we have a vaccine, the road to opening is through a health care system which can handle the infection, a letter to the editor says.

       




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Detective begs for help finding 8-year-old's killer: 'I just want to know what you know'

"He was eating dinner in his own home and did absolutely nothing to bring this upon himself," IMPD Detective Chris Edwards said.

       




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'No justice, no peace': Crowds gather after Indianapolis police fatally shoot man

Tense crowds chanted at Indianapolis police officers hours after an officer fatally shot a man following a pursuit partially caught on Facebook Live.

       




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'Blood is crying out from the streets for justice'

Protesters gather in Indianapolis near the scene of a fatal police shooting after a pursuit that seemingly was captured in part on Facebook Live.

       




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Kamar Baldwin: 'Just pulled up and shot it'

Kamar Baldwin talks about his winning 3-pointer

      




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'Sick as I had ever felt': Indiana first responders adjust as some start to get COVID-19

All across Indiana, first responders are getting sick from the novel coronavirus, even as agencies strengthen precautions.

       




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'We are going to have to change our entire industry': Saskatoon restaurants adapt through COVID-19 pandemic

Restaurant owner Roxy Taschuk wasn’t optimistic about the state of her industry when the COVID-19 pandemic hit.




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Robert Wickens ready for return to IndyCar competition: 'This is really just Step 1 of 100'

It may not be out on the asphalt, but Robert Wickens is energized to be back competing against the IndyCar paddock this weekend.

      




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For IndyCar's recent champions, iRacing adjustment has been emotional roller coaster

They've piled up more on-track success than any other drivers over the past three years. But adjusting to sim-racing has been another task entirely.

       




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Tully: As Congress fights, a Dreamer just wants to 'pay it forward'

Sandy Rivera is one of roughly 800,000 DACA program participants whose futures hang in the balance of a congressional debate.

      




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Tully: 'Relentless' education champion David Harris on leaving The Mind Trust

A big change in Indianapolis' education landscape is a reminder of how much things have improved in recent years.

      




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How an IU-Duke game reignited love of basketball for Notre Dame, Avon grad Austin Burgett

Austin Burgett, a former Avon High School star, is rejuvenated in part by working out with IU women's basketball legend Tyra Buss.

       




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PPI and banks: Must pay, will pay?

You might have noticed that my mind (and body) have been away from the day job. But I am so gobsmacked by the comprehensive defeat of the banks in the PPI case that my fingers felt compelled to tap on smartphone keys.

What probably matters most is that the judge has ruled against the banks on all important issues.

And two really mattered: first that the Financial Services Authority's principles governing the behaviour of financial firms are a proper basis for compensation awards; and that FSA rules based on those principles are necessary but not sufficient for judging whether financial firms engaged in mis-selling.

Frankly if the banks had succeeded in proving otherwise, it would have been utterly disastrous for the whole system of consumer protection in the UK, both the existing system and the new one being erected by the government.

As it turns out, it is the implications of today's ruling for the banks that are serious.

Unless they appeal (and I will come back to that question) they face having to make compensation payments of around £4bn to around two and a half million people (around a quarter of all PPI policies were allegedly mis-sold).

The damage is greatest for the two banks in which we as taxpayers have big stakes, Lloyds and Royal Bank of Scotland (which is just dandy for all of us) - largely because they have the largest shares of the retail banking market.

Lloyds faces the biggest bill: both it and RBS look as though they will have to pay compensation in excess of £1bn each.

That Lloyds and RBS appear to have done the most mis-selling in this instance will be seen by some as further evidence that their particularly powerful positions in retail banking is bad for the welfare of consumers - it will be taken as strengthening the argument of the Independent Commission on Banking that reinforcing competition is a priority (see my recent posts Banking Commission wants firewall around retail banking and Banking Commission: Retail banking must be ring-fenced).

The tab for Barclays and HSBC will also be pretty steep - some hundreds of millions of pounds each.

Given that few lawyers in my acquaintance rated the banks' chances of winning the case terribly highly, it is slightly odd that they used the courts to minimise or delay making restitution - especially at a time when they are not exactly the most popular institutions in the UK.

It is even more curious that they have fought and fought to limit their liability in the light of the two main examples of mis-selling identified by the FSA.

First there were all those refusals to make payouts under the loan insurance plans to those who had a pre-existing medical condition - when it is clear that relevant customers had no idea that pre-existing medical conditions were grounds for non-payment.

Second, it is a logical absurdity that the policies should have been sold by the banks to the self-employed, given that is impossible for a self-employed person to be made redundant.

So what next? Well the banks could make those two and a half million victims of mis-selling wait another couple of years to be made whole by appealing to the Supreme Court.

Or they could take the view that the prospects of winning in any court are too slim to outweigh the potential for further damage to their respective public images from being seen to defy an unambiguous legal judgement that they let down millions of their customers.

Unless of course they regard their reputations as so impaired that there's nothing left to lose from prevarication.




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'Just the beginning': Teachers, parents reflect on eLearning as schools remain closed

Many Indianapolis area districts started eLearning this week only to learn that school closures will be longer than expected due to COVID-19 concerns.

      




ust

O que se sabe sobre a 'invasão frustrada' que terminou com a prisão de dois americanos na Venezuela

A tentativa resultou em pelo menos oito mortes e a prisão até agora de 13 pessoas, incluindo dois cidadãos americanos.




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IU basketball forward Justin Smith declares for NBA draft, retains eligibility

A fixture in IU's starting lineup for most of the past two years, Smith averaged 10.4 points and 5.2 rebounds per game in 2019-20.

       




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'I was wrong': Mother Teresa lawyer addresses 2016 ad in dust-up with Indiana campaign

Florida attorney Jim Towey, who represented Mother Teresa for over a decade, said he regrets using her image in a 2016 ad for a U.S. House candidate.

       




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Colts send message to Malik Hooker: He hasn't earned their trust — yet

Safety Malik Hooker now only under contract with the Colts through 2020 season

       




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IU basketball forward Justin Smith declares for NBA draft, retains eligibility

A fixture in IU's starting lineup for most of the past two years, Smith averaged 10.4 points and 5.2 rebounds per game in 2019-20.

       




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Coronavirus pandemic rocks Indiana lodging industry as hotels lay off hundreds of workers

Layoffs are mounting in the hospitality industry. "It's worst than 9/11," says the president of the Indiana Restaurant and Lodging Association.

      




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'We are finished': Takeout and delivery isn't sustaining Indianapolis restaurants

Indianapolis restaurant owners report up to 80% sales declines during the COVID-19 pandemic, and they expect numbers to keep falling.

      




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Indiana will distribute new federal unemployment benefits. It will just take time.

Indiana will issue unemployment benefits to workers who do not typically qualify. But distributing new federal stimulus money will take time.

       




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Oil Crash Busted Broker's Computers and Inflicted Big Losses

An anonymous reader quotes a report from Bloomberg: Syed Shah usually buys and sells stocks and currencies through his Interactive Brokers account, but he couldn't resist trying his hand at some oil trading on April 20, the day prices plunged below zero for the first time ever. The day trader, working from his house in a Toronto suburb, figured he couldn't lose as he spent $2,400 snapping up crude at $3.30 a barrel, and then 50 cents. Then came what looked like the deal of a lifetime: buying 212 futures contracts on West Texas Intermediate for an astonishing penny each. What he didn't know was oil's first trip into negative pricing had broken Interactive Brokers Group Inc. Its software couldn't cope with that pesky minus sign, even though it was always technically possible -- though this was an outlandish idea before the pandemic -- for the crude market to go upside down. Crude was actually around negative $3.70 a barrel when Shah's screen had it at 1 cent. Interactive Brokers never displayed a subzero price to him as oil kept diving to end the day at minus $37.63 a barrel. At midnight, Shah got the devastating news: he owed Interactive Brokers $9 million. He'd started the day with $77,000 in his account. To be clear, investors who were long those oil contracts had a brutal day, regardless of what brokerage they had their account in. What set Interactive Brokers apart, though, is that its customers were flying blind, unable to see that prices had turned negative, or in other cases locked into their investments and blocked from trading. Compounding the problem, and a big reason why Shah lost an unbelievable amount in a few hours, is that the negative numbers also blew up the model Interactive Brokers used to calculate the amount of margin -- aka collateral -- that customers needed to secure their accounts. "It's a $113 million mistake on our part," said Thomas Peterffy, the chairman and founder of Interactive Brokers, in an interview Wednesday. Customers will be made whole, Peterffy said. "We will rebate from our own funds to our customers who were locked in with a long position during the time the price was negative any losses they suffered below zero."

Read more of this story at Slashdot.




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Photos: How the central Indiana restaurant industry is reacting to a pandemic

Restaurants and bars in central Indiana respond to the coronavirus, or COVID-19, health pandemic while operating under state-issued restrictions.

      




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For downtown Franklin, Historic Artcraft Theater must survive pandemic

Empty seats. Silent screens. How Franklin's Artcraft Theater is weathering the pandemic.

       




ust

Arts venues will be among the last to reopen and must overcome some of the toughest hurdles

Social distancing and people's potential discomfort sitting in auditoriums have given Indianapolis venues several problems to solve amid coronavirus.

       




ust

7 Indianapolis hot dogs that will shatter your mustard-only rule

Celebrate National Hot Dog Day with loaded dogs that howl with flavor.

       




ust

Toughness, maturity define incoming Purdue quarterback Austin Burton

Austin Burton announced last week he's transferring from UCLA to Purdue. He'll be a graduate transfer with two years of eligibility.

       




ust

Dave & Buster's Greenwood store has an opening date

Dave & Buster's is bringing its restaurant and entertainment complex to Greenwood in April, and the company plans to hire for more than 230 positions.

      




ust

Bargersville police officer involved in Friday crash sustains minor injury

A Bargersville police officer and the driver of an SUV were taken to the hospital with minor injuries after a vehicle crash Friday.

       




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'We're the anchor': Why Franklin's Historic Artcraft Theater must survive the pandemic

The Historic Artcraft Theater in Franklin has to survive the pandemic shutdown. The downtown economy depends on it.

       




ust

5 ways Kesha and Macklemore crafted a summer blockbuster at Ruoff

A show billed as "The Adventures of Kesha and Macklemore" resembles a summer popcorn movie at Ruoff Home Mortgage Music Center.

       




ust

7 Indianapolis hot dogs that will shatter your mustard-only rule

Celebrate National Hot Dog Day with loaded dogs that howl with flavor.

       




ust

'Just for the camera?': Jimmy Kimmel deletes viral video that shows Pence delivering empty PPE boxes

Jimmy Kimmel tweeted and deleted a video clip that purportedly showed Vice President Mike Pence delivering empty PPE boxes to a health care center

       




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Meg Lanning: Australia captain joins Ireland squad for batting 'masterclass'

Ireland captain Laura Delany says she gained valuable insights into the importance of mental preparation as Meg Lanning joins Isobel Joyce for a virtual batting session.




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Body of man found at Wisbech industrial estate

Forensic officers are seen examining a bicycle in the hedge where the man's remains were found.




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Letters to the Editor: Does Trump think he can just bluff the coronavirus?

Trump might shut down the coronavirus task force. This won't do anything to boost our response to the pandemic.




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Just in time for Mother's Day, L.A. flower shops reopen after coronavirus shutdown

Los Angeles' mayor allows wholesale dealers to start selling under strict social distancing guidelines.




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Broken gel nails. Gnarly roots. Coronavirus disrupts L.A. beauty and wellness industry

Home color kits and Zoom crystal readings fill the void. But underground services break the lockdown.