The most aerodynamic car ever to wear a Volkswagen emblem on its nose isn't the newest Golf GTI or an ID-badged electric model. It's a forward-thinking prototype named Aerodynamic Research Volkswagen (ARVW) developed and built in 1980 in response to the oil shortages that rocked the global economy in the 1970s. Volkswagen initiated the project because it wanted to learn more about aerodynamics and fuel efficiency.

(Bloomberg) -- Millions of virus-idled American workers are now at home with little more than hand-wringing anxiety about where their next paycheck will come from. They are Jerome Powell’s biggest worry, and how to ease their plight with monetary policy is the Federal Reserve chairman’s largest challenge.The Fed will probably debate using instruments including stronger forward guidance or asset purchases when officials meet next month, which would add more muscle to interest rates that have already been slashed to zero.But those tools require officials to have a forecast they trust of where the economy is heading. The lack of clarity could be a reason to dial down expectations that they would take such steps in June, because officials will struggle to form an outlook as the nation slowly reopens.Policy makers have already described the difficulties that forecasters face.Vice Chairman Richard Clarida warned of “enormous uncertainty” in a CNBC interview and said “we have to be appropriately humble as we’re navigating this period.” San Francisco Fed President Mary Daly told Bloomberg Television that forecasting “has become very tough” now because it depends on the course of the virus. Philadelphia’s Patrick Harker described scenarios, including one with a second infection wave and “a painful economic contraction of GDP in 2021 as shutdowns are reintroduced.”Even so, Powell has said that the Fed will do what it can to curb the human tragedy of the virus’s economic harm.He helped nurture the longest U.S. expansion on record, a period of growth that was just starting to reach the most marginalized workers, from people with criminal records to those with little schooling.The Fed chief spent the last year on a listening tour to hear from ordinary Americans and discuss obstacles to even bigger gains.‘Absolute Limit’He’s now pledged to use Fed powers to the “absolute limit” to prevent the contraction from leaving deep scars on the economy’s long-term ability to grow -- through bankruptcies of small businesses or deterioration in worker skills. And he is boldly urging Congress to do more.“It is about not just winning the war against a depression, but it’s about securing the peace, winning the peace. We failed in 2008-09 to secure the peace,” Mohamed El-Erian, a Bloomberg columnist and chief economic adviser to Allianz SE, told Bloomberg Television Friday “We won the war against a threat of depression then, but we did not secure a peace of higher growth, more inclusive growth and sustainability.”In an April 29 press conference, Powell was asked if he’s troubled by the prospect that the downturn does the most harm to Americans who have only just managed to get a foothold in the labor market. “That’s exactly what I worry about,” he said.Record UnemploymentU.S. government data on Friday shows the nation headed in that direction. Employers cut 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%, the harshest labor market downturn in the history of the data series. All the indications point to a brutal recession. The central bank wants to make sure it is as short as possible.Fed officials next month are due to refresh their quarterly Summary of Economic Projections, where all 17 anonymously write down a forecast for their policy interest rate, GDP, inflation and unemployment. They skipped the process in March due to a rapidly changing outlook.With so many puzzles yet to be resolved, they may diminish its importance or skip it again at their June 9-10 meeting.Officials have already assured investors that interest rates will be held near zero until they are confident the economy is back on track to achieve their twin goals for full employment and 2% inflation.Zero RatesTraders have priced in zero rates for the rest of the year, and possibly even negative interest rates in 2021, an idea that Powell has dismissed in the past and which other officials played down last week as a prospect in the U.S.With rates already at zero, “the second tool,” said Daly, “has been forward guidance,” and then balance sheet policies. Still, there is a sense at the Fed that monetary policy will have to be complimented with further creative fiscal policy to help push demand higher.Fed officials have worked with the U.S. Treasury and Congress to provide bridge credit to everything from Main Street businesses to the largest corporations.“Will there be a need to do more though?” Powell asked at his April 29 press conference. “I would say that it may well be the case that the economy will need more support from all of us if the recovery is to be a robust one.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

An independent review last year found that Dr. Richard Strauss had abused at least 177 male students during his tenure at Ohio State University.

This is a piece of artwork on four wheels.

The world is nearing 4 million cases of the coronavirus. More COVID-19 news Saturday.

Like every May 9, Gennadiy Matveyev observed a tradition this Friday at his little dacha near Moscow: he and his wife Galina raised the Russian flag to remember the victory over Nazi Germany in 1945. Matveyev's personal flag-raising tradition started two decades ago on his patch of land in the countryside, where the couple grows tulips and hyacinths. It continued year after year, the banner soaring six metres in the air only on May 9th, though he changed the red Soviet flag to the Russian tricolour fifteen years ago.

Collectively, the five companies singled out by a House committee took $50 million in small business loans through the Paycheck Protection Program.

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday. The megabanks - Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group - along with the Development Bank of Japan, Sumitomo Mitsui Trust Holdings and others are set to agree, with some already having extended the loans, the person said, declining to be identified because the information is not public.

(United States Fifth Circuit) - Held that a deceased man's ex-wife was entitled to a specified portion of his 401(k) retirement account balance. Affirmed a summary judgment ruling, in a dispute between his ex-wife and his widow.

(California Court of Appeal) - In a marital dissolution action, upheld a ruling that a premarital agreement was enforceable and waived spousal support to either party. The parties had retained a private judge to resolve the issue.

(United States Ninth Circuit) - In a dispute involving the scope of Treasury Regulation section 25.2522(c)-3(b)(1) and arising from the transfer of membership units in an LLC partly as a gift and partly by sale to two trusts with simultaneous gifts of LLC units to two charitable foundations under a reallocation clause, judgment of the trial court is affirmed where Section 25.2522(c)-3(b)(1), upon trigger of the reallocation clause, does not bar a charitable deduction equal to the value of the additional units the foundations will receive.

(United States Fourth Circuit) - In an interlocutory appeal from a judgment of the district court denying defendant's motion for summary judgment in a Title VII complaint alleging religious discrimination, judgment is reversed where the plain language of 42 U.S.C. section 2000e-1(a) bars plaintiff's claims.

(Court of Appeals of New York) - In a tax-exempt charitable organization's action against a school district seeking to recoup erroneously paid taxes, summary judgment in favor of the school district is affirmed, where: 1) the school district was entitled to rely on the one-year statute of limitations in Education Law section 3813(2-b) rather than the general six-year period for contract actions; and 2) the taxpayer's cause of action for money had and received accrued when it paid the taxes, which was more than one year before it filed suit.

(United States Ninth Circuit) - In a challenge to federal statutory restrictions on certain types of advertising by public broadcast TV stations, the district court's grant of summary judgment to the FCC is: 1) affirmed in part, where 47 U.S.C. section 399b(a)(1), restricting paid advertisements for goods and services on behalf of for-profit corporations, was not an unconstitutional speech restriction under the intermediate scrutiny standard; 2) reversed in part, where sections 399b(a)(2) and (3), restricting public-issue advertisements and political advertisements, were unconstitutional speech restrictions under intermediate scrutiny, as there was no evidence of harm to a substantial governmental interest.

(California Court of Appeal) - In a trespass suit brought by a grocery store against a church soliciting donations in front of the store, summary judgment in favor of the store is affirmed, where: 1) the church's solicitation was not protected by In re Lane (1969) 71 Cal.2d 872, because there was no relation between the church's expressive activities and the store's location; and 2) the church did not contend or present evidence to establish that the store or the sidewalk in front was a public forum within the meaning of Robins v. Pruneyard Shopping Center (1979) 23 Cal.3d 899.

(United States Fourth Circuit) - In an action by a Virginia non-profit corporation organized under section 527 of the Internal Revenue Code to provide "accurate and truthful information about the public policy positions of Senator Barack Obama," contending that it was "chilled" from posting information about then-Senator Obama because of the vagueness of a Commission regulation, 11 C.F.R. section 100.22(b), and a Commission policy, published at 72 Fed. Reg. 5595 (Feb. 7, 2007), relating to whether plaintiff has to make disclosures or is a "political committee" (PAC), the District Court's judgment is affirmed where: 1) neither the regulation nor policy are unconstitutionally broad and vague in violation of the First and Fifth Amendments; and 2) it correctly applied the "exacting scrutiny" standard applicable to disclosure provisions.

(United States Supreme Court) - In plaintiffs' section 1983 suit against several police officers alleging that the prohibition of carrying pictures of aborted fetuses during their demonstrations violated their First Amendment rights, the Fourth Circuit's judgment affirming the district court's grant of plaintiffs' motion for a permanent injunction but denial of attorney's fees, on the ground that plaintiff is not a prevailing party because he did not secure monetary damages, is vacated and remanded where a plaintiff "prevails" when actual relief on the merits of his claim materially alters the legal relationship between the parties by modifying the defendant's behavior in a way that directly benefits the plaintiff. Here, the injunction ordered the defendant officials to change their behavior in a way that directly benefited the plaintiff.

(California Court of Appeal) - In an unlawful detainer action between two non-profit religious organizations, trial court's order compelling defendant's pastor, who was not a party to the action, to sign the written settlement agreement in his individual capacity, is reversed and remanded where: 1) the parties' oral settlement agreement did not require the pastor to release any personal claims against the plaintiff or sign a written agreement purportedly conforming to the oral settlement in his individual capacity; and 2) the trial court lacked jurisdiction over the pastor.

(United States First Circuit) - In an appeal of a tax court decision affirming a determination by the Commissioner of the Internal Revenue Service (IRS) that he owed $3.790 million in income taxes and penalties on $5.65 million in bank deposits petitioner made and interest earned from 1995 to 2002, the tax court determination is affirmed over petitioner's contentions that these deposits were not his taxable personal income but the program income of a social welfare organization that had tax-exempt status pursuant to section 501(c)(4) of the Internal Revenue Code, 26 U.S.C. section 501(c), where an organization distinct from petitioner did not exist during the applicable tax years.

(United States Ninth Circuit) - In a motion for a preliminary injunction sought by three religiously-affiliated non-profit corporations to prevent the enforcement of the California Reproductive Freedom, Accountability, Comprehensive Care, and Transparency Act, the district court's denial of the motion is affirmed where: 1) plaintiff's are not entitled to a preliminary injunction based on their free exercise claims; 2) the Act is a neutral lawof general applicability, which survived rational basis review; and 3) plaintiffs were unable to demonstrate a likelihood of success on the merits of their First Amendment claims.

(United States Seventh Circuit) - Revived a parochial school's claim that its students were being denied state‐funded bus transportation equivalent to public-school students, contrary to Wisconsin law and the Equal Protection Clause. Reversed summary judgment in relevant part and remanded.

(United States Ninth Circuit) - In a copyright infringement action, the district court's grant of summary judgment to defendants is affirmed where plaintiff failed to put forth admissible evidence establishing copyright infringement against recording artist Jessie J for allegedly stealing a two-measure vocal melody from plaintiff's song 'Bright Red Chords' for use in her hit song 'Domino.'

(United States Second Circuit) - In a suit alleging direct and contributory copyright infringement by defendant Barnesandnoble.com, which, under license, uploads books and book samples to digital 'lockers' that the defendant maintains for its individual customers, and when the license granted by plaintiff was terminated, defendant did not delete a sample of plaintiff's book, the District Court's dismissal of the complaint at summary judgment is affirmed where the allegedly infringing conduct was authorized by the contracts at issue.

(United States Second Circuit) - In a copyright infringement action brought by record companies and music publishers against internet music services that allowed users to search for free music, dealing with the requirement of the Digital Millennium Copyright Act (DMCA) safe harbor that an internet service provider adopt and reasonably implement a policy to terminate repeat infringers, under 17 U.S.C. section 512, the District Court's grant of partial summary judgment in favor of defendants and decision overturning a jury verdict in favor of plaintiffs is: 1) vacated as to partial summary judgment to the defendants based on the conclusion that defendant qualified for safe harbor protection under the DMCA because the District Court applied too narrow a definition of 'repeat infringer'; 2) reversed as to judgment as a matter of law to the defendants on claims that defendant permitted infringement of plaintiffs' copyrights in pre‐2007 MP3s and Beatles songs because there was sufficient evidence to allow a reasonable jury to conclude that defendant had red‐flag knowledge of, or was willfully blind to, infringing activity involving those categories of protected material; 3) remanded for further proceedings related to claims arising out of the District Court’s grant of partial summary judgment; and 4) affirmed in all other respects.

(United States Second Circuit) - In an amended opinion involving a copyright infringement action brought by record companies and music publishers against internet music services that allowed users to search for free music, dealing with the requirement of the Digital Millennium Copyright Act (DMCA) safe harbor that an internet service provider adopt and reasonably implement a policy to terminate repeat infringers, under 17 U.S.C. section 512, the District Court's grant of partial summary judgment in favor of defendants and decision overturning a jury verdict in favor of plaintiffs is: 1) vacated as to partial summary judgment to the defendants based on the conclusion that defendant qualified for safe harbor protection under the DMCA because the District Court applied too narrow a definition of 'repeat infringer'; 2) reversed as to judgment as a matter of law to the defendants on claims that defendant permitted infringement of plaintiffs' copyrights in pre‐2007 MP3s and Beatles songs because there was sufficient evidence to allow a reasonable jury to conclude that defendant had red‐flag knowledge of, or was willfully blind to, infringing activity involving those categories of protected material; 3) remanded for further proceedings related to claims arising out of the District Court’s grant of partial summary judgment; and 4) affirmed in all other respects.

(United States Ninth Circuit) - Ordering the district court to vacate orders prohibiting the petitioner from expressing their views on litigation or republishing public documents over social media platforms, and requiring them to post a disclaimer prohibiting comment on the litigation because this amounted to prior restraint on their First Amendment rights.

(United States Fifth Circuit) - Held that the First Amendment's commercial speech protections entitled a company to operate automotive service centers under the name "Tire Engineers," even though a state board that licenses engineers objected to the use of the profession's occupational title. Reversed and rendered summary judgment in favor of the company, in this declaratory judgment action.

(United States Supreme Court) - Held that a bankrupt company's rejection of a trademark licensing agreement did not deprive its licensee of the rights to use the trademark. The U.S. Supreme Court interpreted Section 365 of the Bankruptcy Code, which enables a debtor to reject any executory contract, meaning a contract that neither party has finished performing. Justice Kagan delivered the opinion of the 8-1 Court.

(United States Supreme Court) - Held that members of the Crow Tribe retain a broad right under an 1868 Treaty to hunt on land that is now part of the Bighorn National Forest in Wyoming. One issue was whether the treaty hunting rights expired when Wyoming became a state. The U.S. Supreme Court, divided 5-4, ruled favorably to the Tribe. Justice Sotomayor delivered the majority opinion.

(United States Supreme Court) - Held that a bankrupt company's rejection of a trademark licensing agreement did not deprive its licensee of the rights to use the trademark. The U.S. Supreme Court interpreted Section 365 of the Bankruptcy Code, which enables a debtor to reject any executory contract, meaning a contract that neither party has finished performing. Justice Kagan delivered the opinion of the 8-1 Court.

(United States Supreme Court) - On a question of administrative law, held that where the Social Security Administration Appeals Council has dismissed a request for review as untimely after a claimant has obtained a hearing from an ALJ on the merits, that dismissal qualifies as a final administrative decision so as to allow judicial review. Justice Sotomayor delivered the opinion for a unanimous U.S. Supreme Court.

(United States Supreme Court) - Clarified when the statute of limitations begins to run on a fabricated-evidence claim. Held that the clock started when the criminal proceedings terminated in the defendant's favor -- that is, when he was acquitted at the end of his second trial. Justice Sotomayor delivered the opinion of the 6-3 Court.

(United States Supreme Court) - Clarified the limits of a State's power to tax a trust. Struck down a North Carolina requirement that a trust must pay income tax to the State whenever the trust's beneficiaries live in the State -- regardless of whether the beneficiaries have received, can demand, or will ever receive a distribution of trust income. Justice Sotomayor delivered the opinion for a unanimous Court, in this due process challenge brought by a family trust.

(United States Supreme Court) - Addressed whether the State of Mississippi's peremptory strike of a particular black prospective juror was motivated by discriminatory intent. Justice Kavanaugh, who delivered the opinion of the 7-2 Court, explicitly stated that the decision broke no new legal ground but rather simply reinforced the Batson decision, in this case involving a man's sixth murder trial (the other five had ended in hung juries or else been reversed on appeal).

(United States Supreme Court) - Held that when a motorist suspected of drunk driving is unconscious and cannot be given a breath test, the exigent-circumstances doctrine generally permits a blood test without a warrant. Justice Alito announced the judgment of the Court and delivered a plurality opinion, joined by three other justices. Justice Thomas concurring in the judgment.

(United States DC Circuit) - Reversed. Plaintiffs offered the chance to apply for a select number of diversity visas that were never granted and whose statutory deadline had passed did not have a moot claim because the district court retained the authority to potentially award relief.

#architektura #architekt #dom #design

Aside from a few wild guesses, Izuku had no idea how this had happened. But here he was, about to bear All Might's child, and all he could think to blame it on was a jar of rice.

r/Coronavirus: In December 2019, a novel coronavirus strain (SARS-CoV-2) emerged in the city of Wuhan, China. This subreddit seeks to monitor the …

Najnowsze wiadomości - TVN24 Little Richard, znany między innymi z przeboju "Tutti Frutti", zmarł w sobotę w wieku 87 lat - poinformował na swojej stronie internetowej magazyn "Rolling Stone". Piosenkarz, pianista i pastor jest uważany za jednego z pionierów rock and rolla. https://ift.tt/37OsBj9

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