Jet Airways’ deputy CEO and CFO Amit Agarwal quits

Grounded carrier Jet Airways’ deputy chief executive and chief financial officer Amit Agarwal has resigned, the airline said on Tuesday. Agarwal’s resignation is effective from May 13, it said. Most of the airline’s board members have quit in the last one month. The airline seized operations temporarily around mid- April due to acute liquidity crisis. … Read moreJet Airways’ deputy CEO and CFO Amit Agarwal quits

Assistant Attorney General Eric Dreiband of the Civil Rights Division Announces a Comprehensive Settlement With the State of West Virginia

Good afternoon and thank you for joining us.  Today, we are pleased to announce that the Department of Justice and the State of West Virginia have reached a comprehensive settlement agreement to ensure compliance with the Americans with Disabilities Act.  The agreement commits West Virginia to expand services for  children with serious emotional or behavioral … Read moreAssistant Attorney General Eric Dreiband of the Civil Rights Division Announces a Comprehensive Settlement With the State of West Virginia

Department of Justice Reaches Agreement to Resolve Americans With Disabilities Act Investigation of West Virginia’s Children’s Mental Health System

The Department of Justice today announced that it reached an agreement with the State of West Virginia to resolve its conclusion that there is reasonable cause to believe the State violates the Americans with Disabilities Act (ADA) by unnecessarily institutionalizing children with serious emotional or behavioral disorders in residential treatment facilities instead of providing them … Read moreDepartment of Justice Reaches Agreement to Resolve Americans With Disabilities Act Investigation of West Virginia’s Children’s Mental Health System

Former IRS Employee Convicted of Tax Evasion

A federal jury in Las Vegas, Nevada, yesterday convicted Craig P. Orrock, a former attorney and former Internal Revenue Service (IRS) employee, of tax evasion and obstructing the internal revenue laws, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney Nicholas A. Trutanich for the District of … Read moreFormer IRS Employee Convicted of Tax Evasion

U.S. Executive Sentenced to Prison for Role in Conspiracy to Violate Foreign Corrupt Practices Act

The owner of a Hawaii-based engineering and consulting company was sentenced to 30 months in prison yesterday for his involvement in an international bribery conspiracy, announced Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and Special Agent in Charge Sean Kaul of the FBI’s Honolulu Field Office. Please follow and like … Read moreU.S. Executive Sentenced to Prison for Role in Conspiracy to Violate Foreign Corrupt Practices Act

Burnout Nation

The economic and financial stresses will exceed the workforce’s carrying capacity in the next recession. A number of recent surveys reflect a widespread sense of financial stress and symptoms of poor health in America’s workers, particularly the younger generations. There’s no real mystery as to the cause of this economic anxiety: — competition for secure, well-paid … Read moreBurnout Nation

China-US trade spat will lead to more Chinese investments into India: Xiaomi chief Lei Jun

Lei Jun, 49-year-old founder of Xiaomi, believes that growing trade tensions between China and US could see Chinese investment flow being increasingly directed towards India. Jun describes India — where the company leads in smartphone sales — as Xiaomi’s most important market outside China, and says the company will launch a range of new products … Read moreChina-US trade spat will lead to more Chinese investments into India: Xiaomi chief Lei Jun

US court allows consumers antitrust suit against Apple

New Justice Brett Kavanaugh joined the court’s four liberals in rejecting a plea from Cupertino, California-based Apple to end the lawsuit. Apple charges a 30% commission to software developers whose more than 2 million apps are sold through Apple’s App Store, and iPhone users who must purchase software for their smartphones exclusively through the App … Read moreUS court allows consumers antitrust suit against Apple

New Jersey Attorney General Gurbir S. Grewal Files Antitrust Lawsuit Against Twenty Generic Drug Companies

New Jersey and a coalition of 43 other States have filed an antitrust lawsuit on May 12, 2019 accusing 20 generic drug companies of conspiring to artificially inflate the prices of over one hundred generic drugs, in violation of federal and state antitrust and consumer protection laws. New Jersey Attorney General Gurbir S. Grewal Besides … Read moreNew Jersey Attorney General Gurbir S. Grewal Files Antitrust Lawsuit Against Twenty Generic Drug Companies

Making News: Updating the China Trade War on Israeli TV and U.S. National Radio

I’m pleased to announce that I’m scheduled to be interviewed on two broadcast news programs tonight for analysis of the current state of the U.S.-China trade war, and especially the implications of China’s latest retaliatory tariffs on U.S. exports. At 8 PM EST, I’m slated to appear on the i24News network.  This Israeli television company … Read moreMaking News: Updating the China Trade War on Israeli TV and U.S. National Radio

Bollywood diva Deepika Padukone dons investor hat

Top Bollywood actor Deepika Padukone is quietly emerging as an active investor in retail consumer focused startups. Within 18 months of setting up KA Enterprises, which manages Padukone’s family office, it has backed startups like online furniture rental platform Furlenco, and beauty products marketplace Purplle. Now the latest investment is Epigamia — a yogurt maker … Read moreBollywood diva Deepika Padukone dons investor hat

Doctor sentenced to 108 months for dispensing prescription painkillers

Washington, May 11 (IANS & Staff) A federal court has sentenced an Indian-American doctor to nine years in prison after he pleaded guilty in 2016 to illegally dispensing prescription painkillers and defrauding Medicare. Pawankumar Jain, 66, was sentenced by the federal court in Las Cruces, New Mexico on Thursday, the Las Cruces Sun News reported. In … Read moreDoctor sentenced to 108 months for dispensing prescription painkillers

Dr Reshma Shah honored with Emory Williams Distinguished Undergraduate Teaching Award

NRI Pulse Staff Report Atlanta, GA, May 13, 2019: Reshma H. Shah, Ph.D., an associate professor of marketing at Emory University’s Goizueta Business School is a recipient of this year’s Emory Williams Distinguished Undergraduate Teaching Award.  The award was established by Emory Williams, a 1932 Emory College alumnus and long-time trustee, and recognizes faculty who … Read moreDr Reshma Shah honored with Emory Williams Distinguished Undergraduate Teaching Award

Chairman Takano Addresses Veteran Suicides, VA Staffing At Atlanta VAMC

WASHINGTON, D.C. – Today, House Committee on Veterans’ Affairs Chairman Mark Takano visited the Atlanta VA Medical Center along with Representative Lucy McBath (GA-06) and met with key members of the facility’s leadership team to discuss staffing and efforts to prevent veteran suicide.   Chairman Mark Takano’s remarks as delivered at a press conference following … Read moreChairman Takano Addresses Veteran Suicides, VA Staffing At Atlanta VAMC

Bullet Edition No. 9

(SGS Subscription required) • INFLATION, PENDING ECONOMIC HEADLINES, MARKET TURMOIL • Inflation Increase Reflected Gasoline Prices, Not a Booming Economy • Real Average Hourly Earnings Declined for the Second Straight Month • Weaker Than Expected Economic Reporting Looms • Downside Revisions to First-Quarter GDP Should Follow • Market Sentiment Should Begin Shifting Back Towards a … Read moreBullet Edition No. 9

Success Story: Formerly Homeless Teen Josh Jacobs Becomes First Round Pick in the NFL

Anyone who’s ever survived an unstable living situation knows what a disheartening experience it can be. It’s easy to feel like giving up, especially when it feels as if the world has given up on you. Yet, what we need … Continue reading → The post Success Story: Formerly Homeless Teen Josh Jacobs Becomes First … Read moreSuccess Story: Formerly Homeless Teen Josh Jacobs Becomes First Round Pick in the NFL