Query of firearm coaching may absolve actor of negligence, says trial legal professional

Litigation attorney Jeff Harris said that an issue of negligence on the “Rust” film set after the Fatal shooting of cameraman Halyna Hutchins could come down to the level of gun training that actor Alec Baldwin received.

“It may ultimately boil down to whether or not the actor was adequately trained in the use of firearms and that would fall on the production company and absolve Baldwin of negligence,” said Harris, who does not represent any party involved in the incident.

Baldwin’s production company El Dorado Pictures produced the upcoming film. Neither Baldwin nor El Dorado Pictures responded immediately to CNBC’s request for comment.

The assistant director who handed Alec Baldwin a loaded gun on the set admitted to investigators that he didn’t check the revolver carefully enough, according to a search warrant released on Wednesday. So did the Santa Fe County Sheriff confirmed on Wednesday that there was a real bullet in Baldwin’s revolver and that investigators found even more alleged live rounds on the set.

Harris was the lead trial attorney on the Lan Jones v CSX case and obtained a $ 11.2 million judgment on behalf of the family of camerawoman Sarah Jones, who was killed while working on the film “Midnight Rider”.

He told CNBCs “The News with Shepard Smith” that on the set of “Rust” there was likely gross negligence.

“I honestly think that if you have a movie set where you have live ammunition mixed up with dummy ammunition and spaces, that type of activity turns into gross negligence, and I believe someone who will ultimately get into this case at least charged with criminal negligence, “said Harris.

Establishment on Wheeler cash reallocation query for November poll

After two members of Aspen City Council convened a special session on Friday, they failed to get any of their colleagues to change their mind on a vote earlier this week to send a voting question to voters to get a portion of the property transfer tax revenue who are funded to reuse the Wheeler Opera House.

The decision on Friday was made at 4:00 p.m., one hour before the 5:00 p.m. deadline, to put a voting question to the Secretariat of the Pitkin County Clerk and Recorder’s Office for the November 2nd election.

Freshman Councilman John Doyle, who has been in office for three months, has been considered the swing vote since he said while Special session on Tuesday that he could see the merits of sending the question out to voters this year, but also understood the arguments of waiting until November 2022.

Doyle finally sided with Mayor Torre and Alderman Skippy Mesirov on Tuesday to put the question out to voters in a 3-2 vote, with councilors Rachel Richards and Ward Hauenstein disagreeing.

Doyle did not renounce his stance on Friday despite moving a motion to reconsider the ordinance and resolution that sent the question to voters, but in the end he voted no, as did Torre and Mesirov.

Richards and Hauenstein called the special session and said they believed Tuesday’s vote was flawed as Mesirov practically attended the session for an hour and a half after four board members were stuck 2-2 when they passed an ordinance approved, which allows the voting question.

“If the process is flawed, that is also the result of the problem,” said Hauenstein on Friday. “The outcome of Tuesday’s meeting shocked me more than any of the 100+ city council meetings I attended or witnessed when the votes were tied, a dead vote.”

Richards said being asked to re-examine in a special session was the first type of measure she had ever used in her 28 years in public office.

“Last Tuesday evening, at the public hearing, I briefly questioned … a member who did not attend the meeting was voting on the items in the meeting,” she said. “I should have disagreed more strongly.”

Since meeting on Tuesday, Hauenstein and Richards had met separately, with Doyle trying to convince him to move on to their positions.

Doyle had also spoken individually with other members of the council about the voting question before the meeting on Friday.

Richards turned down the poll question for a myriad of reasons, including the fact that the city’s recent election results showed that the required 60% of voters are unlikely to support it.

She also said the issue of how the money would be spent, how much would be diverted and what would be left for the historic Wheeler Opera House was not fully resolved.

However, she supports the concept of funding more art, but the question should be asked in autumn 2022 so that voters can be fully educated, art groups can promote the issue and more people tend to vote during a mid-term election, “said Friday.

Hauenstein said he wants to ensure other important community needs, particularly mental health and childcare, are adequately funded before calling on voters to divert money from the Wheeler Land Transfer Tax (RETT) for more arts funding.

Mesirow and Torre said it is now time to poll voters, and the details of how much is left for the Wheeler and the parameters to be set for the art spending can be done by ordinance by a council vote.

“I am excited about this opportunity and would like to take this step forward,” said Torre.

Friday was the fourth meeting in a month that the council has met to discuss diverting Wheeler funds to other arts purposes, and one of over a dozen this year Talk about funding other community needs with the same source of income.

The Wheeler Opera House currently has a fund balance of $ 40 million and some elected officials and parishioners believe the coffers have grown too big. Therefore, future RETT revenues can be used in other growing areas of need.

The poll question asked for a portion of Wheeler’s RETT proceeds to go to the Red Brick Center for the Arts, which is currently supported by the city’s general fund and the city’s wealth management plan fund.

The elimination of the general fund as a source of support for the Red Brick would allow the city to pay its remaining $ 2.1 million in outstanding certificates of attendance for the Isis Theater, which is in financial distress due to challenges in the film industry is.

The poll also calls for the cap on $ 100,000 annually allocated to arts and culture grants to local nonprofits to be lifted and opened up more widely to the visual and performing arts.

The RETT was first accepted by voters in 1979 and was specifically pledged to provide financial support to the Wheeler Opera House, plus the $ 100,000 annually allocated.

In 2016, voters extended the tax to 2039 and reiterated the 1979 vote that any change in funding would require the support of 60% of voters.

csackariason@aspentimes.com

Divided Aspen Metropolis Council sends Wheeler cash query to voters

After locating a member of Aspen City Council who was absent from Tuesday’s regular session to vote on a controversial election issue, the council voted 3-2 in favor of an ordinance asking voters to withdraw tax revenue from the Divert real estate transfer tax for the Wheeler Opera House.

Councilor Skippy Mesirow was reached by city director Sara Ott after an hour and a half discussion of his elected counterparts, who were stuck 2-2 in a vote, to send the question to the vote.

Mesirov attended the meeting at his Aspen apartment after a vacation trip through WebEx. The conversation among councilors continued for another 40 minutes, which ended in a swing vote by Mesirov after asking questions about the councilors’ positions that they had previously stated.

He voted because of his late arrival despite objections from two council members, Ward Hauenstein and Rachel Richards.

“I think this is a flawed process because Skippy comes at the last minute,” said Hauenstein.

Richards asked Mesirov to wait and listen to the entire conversation later before making a decision.

“If you get involved,” she said, “I would really appreciate it if you wait and watch until you see the previous discussion … and I don’t want to have to repeat 10 minutes of online comments to you about my concerns and assessments.”

The special session was called for Tuesday so Richards could be on the podium. since she was on vacation a week earlier when the rest of the council debated whether the question should be sent to the electorate.

Richards said she watched the August 24th meeting of the council and was ready to turn down the vote question for a myriad of reasons, including the fact that the city’s recent election results showed that the required 60% of voters are unlikely to support her.

Prior to Mesirov’s appearance, Councilor John Doyle said a decision to send a question to voters was important enough for all five members to vote.

“I just firmly believe that Skippy should be here so we can get a resounding yes or no,” he said. “I hate having another meeting, but he’s part of our board of directors, he should get involved.”

With the Friday deadline for submitting ballot language to the Pitkin County Clerk and Recorder’s Office, the council took a break to see Mesirov’s availability.

Richards said the council members’ conflicting views on diverting funds from the Wheeler Opera House did not send out a good signal to voters.

“Great, you have a 3-2 vote to put it on the ballot and try to win with it,” she said, arguing more than once Tuesday that it was still not entirely clear how the money was being spent and how much would be diverted and what would be left for the historic Wheeler Opera House.

“I think if the council puts a question together and publishes it and it fails, it is the council’s failure to ask a failed question … and I think that is not reflected well in the council,” she said.

Mayor Torre, who had voted with Doyle and Mesirov to put the question on the ballot, said the time had come.

“I think we should go ahead with November and give our community a chance to vote on it,” he said. “That doesn’t work structurally for us and we should fix it and we could fix it by putting it on the ballot and supporting it and getting it over the 60% threshold … and I also think that doesn’t tie our hands up, even to ask another question in the next year or two, or right now, when we are sitting in front of us and have the opportunity to make progress. “

The poll question is asking that some of Wheeler’s property transfer tax revenue be diverted to the Red Brick Center for the Arts, which is currently supported by the city’s general fund and the city’s wealth management plan fund.

The elimination of the general fund as a source of support for the Red Brick would allow the city to pay its remaining $ 2.1 million in outstanding certificates of attendance for the financially vulnerable Isis Theater.

The poll also calls for the cap on $ 100,000 annually allocated to arts and culture grants to local nonprofits to be lifted and opened up more widely to the visual and performing arts.

The Wheeler real estate transfer tax was first adopted by voters in 1979 and was specifically pledged as financial support for the Wheeler Opera House, plus the $ 100,000 annually allocated.

In 2016, voters extended the RETT to 2039 and reiterated the 1979 vote that any change in funding would require the support of 60% of voters.

The Wheeler Opera House currently has $ 40 million in funds.

Hauenstein said he wants to ensure other important community needs, particularly mental health and childcare, are adequately funded before asking voters to divert money from the Wheeler property transfer tax for more arts funding.

At the beginning of the council discussion on Tuesday before Mesirov’s appearance, Doyle said in the back of his mind that if the question fails, it could be asked again, but with questions from the Wheeler board of directors and other concerns, it would be a good idea to step down and assess it more closely, instead of rushing it.

He later changed his mind and voted yes to put it on the ballot after voting against Richards’ earlier motion to deny the ordinance that voters sent him.

Hauenstein and Richards voted yes to reject the motion, while Torre and Doyle voted no, which resulted in a 2-2 deadlock.

When asked again to approve the regulation, Richards and Hauenstein vote no and Mesirow, Torre and Doyle vote yes.

“I see valid arguments for both sides,” said Doyle when he was pushed to his position by Mesirov. “I’m struggling with this because we could get it back on the ballot right away; I like what Torre said about letting the voters decide, we have a smart electorate, and I also agree with the points Rachel made as she hasn’t even met the Wheeler board yet. It’s a difficult thing. “

Mesirov leaned over to Torre’s position.

“Let’s do it now and let the polling feedback guide us,” he said.

The council spent much less time discussing another vote question, which was passed 4-0, to be sent to Aspen voters this fall.

The council spent about 15 minutes at the beginning of the meeting approving two regulations and a decision that sends a basic exchange question to the voters.

If approved by voters, it would lay a 19 acre shelter easement over Shadow Mountain, preventing future development and guaranteeing public access and recreational opportunities.

The property is known as the Pride of Aspen Mining Claim, and if voters agree to the land swap, it will be owned permanently by the City Park Department and Pitkin County’s Open Space Program.

By approving the deal with homeowner Bob Olson who owns 501 W. Hopkins Ave. owned next to the Midland Trail, he will receive 4,000 square feet of public right of way on his 7,500 square foot property.

The additional square footage to Olson’s property would allow for better access and more landscaping around the home, along with setbacks that would create a buffer for the adjacent Midland Trail.

His company, RD Olson Investments II, LLC, headquartered in Newport Beach, California, bought the 19 acres on Shadow Mountain for $ 1 million in 2018 for prophylactic purposes to ensure no one would do or suggest anything right behind their home that he could contradict.

As part of the land swap, between 360 square meters and 780 square meters of additional floor space could be added to the existing 3,450 square meter house, depending on the proposal and land use regulations.

csackariason@aspentimes.com

1 query for spending cash post-Covid

The worst of the bans and shop closings are likely over – but you might want to think twice before you go on the Covid shopping spree.

The Delta variant has proven that the pandemic is still ragingwhich brings with it a new wave of financial uncertainty. Many people spent the pandemic paying off debts – the latest Federal Reserve data shows Americans shed an estimated $ 123 billion in revolving debt over the past year – meaning at least a lucky few have some extra cash to spare. And after a year and a half with the hatches closed, the temptation to output pulses is great.

For Joe Duran, Head of Personal Finance Management at Goldman Sachs, this is the crucial question for every American right now, regardless of wealth or status: If you have excess cash, should you start spending now or wait a little longer?

Duran has worked as an asset manager for the past 28 years and now manages $ 25 billion in assets with Goldman. Since March 2020, he says, his customers’ priorities have changed noticeably.

For example, the traditional advice of having a three to six month emergency fund may no longer be enough: Duran says its customers are now expanding their emergency nets to up to 14 months in spending. “No matter where you are on the wealth spectrum, we should all never forget what it felt like 14 months ago when the pandemic broke out and no one knew what was going to happen,” says Duran.

The next step is to determine if you have saved up enough to survive the latest wave of pandemics. Here is how.

When to spend – and when to save

The answer to Duran’s question is not as simple as “keep saving”.

For most people, the answer is very situational. The way Americans think about financial stability has changed radically in the last year and a half, says Duran – and even calls it “The big reset“in a recent InvestmentNews op-ed. Retail spending recorded one explosion in the spring, but those sales only started to decline last month. Meanwhile, consumer sentiment took a dramatic downturn and hit its lowest levels since 2011.

If your savings are depleted from paying off debt during the pandemic – or spending your cash reserves to survive – your focus should probably be on rebuilding and avoiding your emergency network Pulse outputs. Hitting this six month savings benchmark is a good start, but Duran recommends hitting a full year of savings before you start relaxing.

“It’s not necessarily a good idea to just spend everything like there’s more money coming tomorrow,” he says.

As soon as you have one year of emergency money, Read back on your long-term priorities – like buying a car, buying a home, or saving for retirement – before moving on to other types of expenses. Duran advises asking questions like:

  • How much do I need to retire comfortably?
  • Will I lose my deposit for the house or car I want?
  • Can I be unemployed for a year and cover my livelihood?

If you’re one of the lucky few who is content with your current savings, says Duran, there’s nothing wrong with spending on your personal happiness as long as you set parameters. Be clear about how much you can spend and how often to spend to avoid a long-term impulse buying habit.

“There will always be a new crisis,” says Duran. “We need to understand how each individual could affect our future behavior so that we can adapt to a new world.”

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Citizen group looking for poll query to divert Wheeler cash falls brief on signatures

A group of residents failed to meet Friday’s deadline to submit 925 signatures from registered Aspen voters to ask a question on the November vote calling for re-use of some of the property transfer tax revenue given to the Wheeler Opera House goes, is required.

Kurt Hall, a member of the group that began their efforts earlier this week, said he did not have a final count of signatures on Friday because multiple people were collected and no count had been taken.

“We’re going to move on and when we get to 925 we are going to go before (Aspen City Council) and hope they see this as confirmation,” Hall said. “Even though we missed the deadline, the pressure will mount and our concern, approach and goal will be spread throughout the community.

“It’s not over yet; it has only just begun. “

They try to split the income so that half goes to the wheeler and the other to art.

The question was also to lift the existing cap of $ 100,000 in Wheeler Real Estate Tax (WRETT) income, which is spent on cultural, arts and music organizations in the valley.

A majority of voters agreed to this in 1979 and all WRETTs went to the wheeler.

In 2016, voters extended the WRETT until 2039.

The city could put its own measure on the November vote and has until September 3, but councilors said earlier this year that they were unwilling to ask voters a question about diverting future Wheeler funds, and preferred the elections in autumn 2022.

advice discussed for months about how much money should be diverted and where it should go.

Identified areas of need that the council has focused on include childcare, health and social services, rainwater, and the non-profit arts community.

Mayor Torre said this week that the group trying to split the revenue 50-50 hasn’t done the financial modeling the city is doing to make sure enough money goes to historic Wheeler.

The fund currently has just under $ 40 million.

He also said the group misrepresented that its members tried to work with city officials.

“They turned around and came up with ballot papers with no financial models,” said Torre. “They didn’t take part in any dialogue … the way they approached it wasn’t collaborative.”

City Secretary Nicole Henning accepted the group’s petition Monday after rejecting an earlier petition asking voters to lift the $ 100,000 cap and give the Aspen School District a $ 10 million grant to approve the modernization and renovation of the 550 seats Aspen District Theater and 150-seat black box space.

The language of the petition is not a legislative matter, so Henning concluded and stated in a letter that the granting of funds was an administrative act by a state body.

While the group needed a significant amount of money to renovate the district theater, the additional money released could also fund dozens of local arts and cultural organizations and organizations, which the city would decide on through a grant process.

The WRETT, a 0.5% tax on all property transfers in the city, averages between $ 2 million and $ 4 million per year, although that number was higher in 2020 and likely to be in 2021 as Aspen continues to see record home sales.

csackariason@aspentimes.com

Why Ought to You Earn Much less Cash Simply As a result of Of The place You Stay? It is Time To Query Location-Based mostly Salaries

Working in New York City would pay more than someone living and doing the same in a cheaper US city … [+] job

getty

If you are great at what you do then why should you be forced to earn less than you are worth just because you live outside of a big city? Doesn’t it seem reasonable that a person should be paid for what they’re worth regardless of where they live?

Location-based salaries and allowances could emerge as the next big, hotly contested topic. Corporate executives have acknowledged that a percentage of their employees will move after being given the remote option. It makes sense that people who have left family and friends in suburbs and rural towns across the country who were not geographically conducive to working for a top tech company in Silicon Valley or Wall Street should return home. Many people move to a place they love or look for new and interesting places. Housing prices, school districts, security, weather, outdoor activities, and taxes also fit into the decision equation.

We see a gap between companies. Some pay people the same no matter where they live and others said they will change the compensation based on where they are new. Location-related salaries and remuneration are now being questioned and reassessed, given the success of the massive work-from-home or anywhere-remote trend.

Last week, cInet reported that Google was offering its employees the option to request office changes or apply to be fully remote workers Work location tool. “With our new hybrid workplace, more employees are thinking about where they live and how they work,” a Google spokeswoman said in a statement. “To better equip employees with the information they need to explore their options, we developed a tool that enables all employees to request a move to a new location or to go remotely.”

Sundar Pichai, CEO of Google and Alphabet, previously shared his vision of the search giant new hybrid return to work Plans via an internal Message from the chief executive officer to his employees. The program calls for roughly 60% of Google employees to meet in the office a few days a week, while another 20% work in new office locations, and 20% are expected to work remotely. He also addressed a point that Google employees may not take well: “Whether you choose to move to another office or choose to work completely remotely, your compensation will be adjusted based on your new location. “

A number of reputable companies such as Reddit, the freewheeling community and commented platform and Zillow, the online real estate website, informed employees that they could work anywhere and make as much money as if they were in expensive cities like New York or San Francisco. This trend could continue as other companies reasonably realize that this is a great way to attract and retain employees. Their policies challenge the long-held belief that where people live should determine what they deserve.

If this trend catches on, it will be a boon for workers. The prospect of not having to live near a job or applying for a job anywhere in the United States could transform one’s career. A person stuck in a region that does not have suitable jobs would have to settle for what is available. When companies are open to recruiting talent outside the big business centers, it opens up new opportunities for many Americans.

James Gorman, CEO of Morgan Stanley, has a tough stance on remote work. Gorman said of his plan to return to the office, according to the Financial Times: “if you can go to a restaurant in New York City, you can come to the office. ”To underscore his desire for employees to return to their respective offices, Gorman said he would be“ very disappointed ”if the workers had not found their way to the office by the September 6 holiday.

It was reported that it “gave a gloomy outlook to employees who did not work regularly in the office.” While some tech companies like Reddit and Zillow have been open to paying the people of Silicon Valley wages even as they move to cheaper locations, Gorman said:If you want paid New York plans, work in New York. ”

Reddit admits that a percentage of people can choose to move. If they so wish, the company will “support the move – and not adjust its compensation downwards”. In order to show its employees support, the company is “cleaning up geographical compensation zones in the USA”. Unlike other companies, this policy suggests that “The remuneration is tied to salary ranges in high-cost areas, such as [San Francisco] and [New York]regardless of where the employees live. ”

In a company-wide announcement, Dan Spaulding, Chief People Officer of Zillow, informed his 5,400 employees: “Effective immediately, we are offering approximately 90% of our employees the flexibility to work from home as an on-going option.” Spaulding said in the memo that Zillows “This allows them to work where they are most productive, be it in the office, at home, or a combination of both. ”Spaulding also said that according to the WSJ, a person’s compensation does not change when they move to a cheaper location. He continued, “Our old preferences were exposed during the pandemic.”

VMware – a California-based publicly traded software company that provides cloud computing and virtualization software and services – announced that employees who work remotely will receive a pay cut when they leave Silicon Valley to live in lower-cost cities . According to Bloomberg, “Employees who have worked at VMware headquarters in Palo Alto, California and are going to Denver, for example, has to accept a wage cut of 18%. Rich Lang, VMware’s senior vice president of human resources, offered a positive alternative. If a person moves and works remotely, they could “get a raise if they want to move to a bigger or more expensive city”.

A view of Main Street in Telluride during peak autumn color from the aspens with a mountain … [+] background

getty

Stripe, the fast growing fintech payments company, announced a different approach to compensation. To save on expensive real estate costs, Stripe said they will pay their workers $ 20,000 to leave New York City and San Francisco. As an incentive, employees would receive $ 20,000 for moving from high-priced cities to lower-cost locations. Sounds good right? Here’s the catch: the workers who accept the offer will have to cut their pay by 10%.

In May 2020, Facebook CEO Mark Zuckerberg followed in the footsteps of Jack Dorsey, the CEO of Twitter and Square, and also promised to give his employees the opportunity to continue working remotely. Zuckerberg said, “We’ll be the most advanced remote work company of our size.” Then he added ominously that employees will have to tell their bosses when they move to another location. According to Zuckerberg, those who move to cheaper cities are moving, “can adjust their remuneration to their new location adjusted. “He added,” We will then adjust the salary based on your location. This will have serious consequences for people who are not honest about this. “

It’s a one-way street for Zuckerberg. The door is now open to Facebook to seek talent in the US and other countries. It could end badly for workers. CEOs can find the best and cheapest job seekers across the country – and possibly worldwide. Facebook can find applicants who live in cheaper places and pay them less than they would work in San Francisco.

Known to be coworker-friendly and socially conscious, Dorsey has been open about his new ability to recruit people who don’t live near the commute. “We can get talent anywhere. There are a lot of people out there who don’t want to move to San Francisco. You feel comfortable working in a much smaller office or just at home. “

The downside is that job seekers face more competition. Until now, candidates have worried that other people in their immediate vicinity will be applying for the same positions. Now they have to deal with the crowd of applicants from all over the United States

This will work against people who live in expensive cities and earn higher salaries compared to their peers in other parts of the country. They can be passed over for jobs as the company can decide that a person who works at home in Montana has the same skills as someone in Chicago but gets a much lower salary. It will be difficult for employees to negotiate salary increases as management believes they could easily find a replacement elsewhere in the United States or overseas.

The Day – CuriousCT: Query about eating places and leisure venues wins newest voting spherical

Readers have decided that our next CuriousCT story will be about restaurants and entertainment venues that failed during the pandemic.

In the final round of our reader engagement feature, we asked questions about the economy and selected two to vote on.

A question submitted by Bill Sheehan of Waterford won 72 percent of the 249 votes cast: “How many restaurants failed during the pandemic? What other entertainment venues will not open if they can?”

Business reporter Brian Hallenbeck was hired to research and write a story.

We’re answering questions about locations in the region for our next round of CuriousCT. Submit your “What’s wrong with this place?” Question below or email k.florin@theday.com.

That is the important thing query that may decide whether or not stimulus cash overheats the financial system

The question that still looms in the financial markets is to what extent the $ 1.9 trillion coronavirus relief is either spent immediately or whether the virus is going back enough for shoppers to and want to be allowed in.

This column previously referred to surveys conducted by both how the initial $ 600 stimulus was used and plans for the $ 1,400 that have arrived for many households, to suggest that a large part of it is not used in the economy.

Another view is when households perceive the incentive as additional income or wealth. Studies have shown that the propensity to spend from wealth is only 5%, while the propensity to spend from income is between 10% and 50%. after a recent speech by Gertjan Vlieghe, a voting member of the Bank of England’s Monetary Policy Committee.

Dhaval Joshi, chief strategist at BCA Research, says whether the new incentive is viewed as wealth or income depends on whether the household receiving it is initially low or high income. However, looking at previous stimulus checks, there were no significant changes in either consumption or inflation.

Accordingly, he believes that market expectations for inflation will be carried away. He also says – in a note written before crude oil prices plummeted Thursday – that inflation expectations correlate positively with high commodity prices, although actual inflation tends to fall when commodity prices are high.

“Given that the bond market is useless for predicting inflation, it is also useless for assessing real interest rates,” he says. If the bond market exaggerates future levels of inflation, the correct inflation-adjusted bond yield should be even higher. “The most important thing right now is that stocks and other risk-weighted assets are even more expensive than they appear compared to real bond yields.”

Frosty talks in China

Conversations between The US and China got off to a frosty start in Alaska. with public criticism from every side in the opening speeches.

FedEx
FDX, -0.88%
can after climbing According to delivery service, earnings in the third quarter of the fiscal year rose by more than analysts expected and led for a stronger current quarter than expected.

Nike
OF, -1.14%
can slip after The apparel maker saw slower sales growth than expected in the third quarter of the fiscal year.

Chubb
CB, -2.63%
made one $ 65 per share is offering to buy competing insurer Hartford Financial services group
HIGH, + 18.71%.

The Bank of Japan has removed the targets for buying exchange-traded funds and real estate mutual funds and has expanded the range in which 10-year bonds can be traded.

Oil recovers a little

Slightly sweet crude oil futures were traded after crude oil prices plummeted 7% on Thursday
CL.1, -0.32%
were a little higher. UBS analysts say to focus on the pace of COVID-19 vaccinations, which should help ease restrictions and support oil demand.

The return on the 10-year treasury
TMUBMUSD10Y, 1.686%
fell slightly to 1.69%. US stock futures
ES00, + 0.20%

NQ00, + 0.53%
were higher.

Bitcoin flows reflect the stock flows

Is bitcoin
BTCUSD, + 2.72%
a diversifier? It’s a big debate in the markets that several major banks have taken on over the past two weeks. Sven Henrich, the technical analyst Who operates the Northman Trader website?, created this chart and showed that the correlation between weekly inflows into Bitcoin and stocks is at its highest level ever.

Random readings

The tulip craze of the 17th century is often quoted by financial market analysts when it comes to speculative manias. For irony loversthere are no fungible tulips – that is, images of tulips sold on the blockchain – for sale.

A shark with wings? Scientists puzzled over fossils found in Mexico.

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