US Senate confirms William Burns to be CIA director
WASHINGTON (REUTERS) – The US Senate backed veteran diplomat William Burns on Thursday (March 18) to become President Joe Biden’s Central Intelligence Agency director.
The Senate voted by unanimous consent, without objection, to approve Burns, a former ambassador to Russia and former deputy secretary of state, to lead the agency.
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FedEx Corporation Q3 adjusted earnings Beat Estimates
FedEx Corporation (FDX) released earnings for its third quarter that climbed from the same period last year.
The company’s earnings came in at $892 million, or $3.30 per share. This compares with $315 million, or $1.20 per share, in last year’s third quarter.
Excluding items, FedEx Corporation reported adjusted earnings of $939 million or $3.47 per share for the period.
Analysts had expected the company to earn $3.24 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 22.9% to $21.5 billion from $17.5 billion last year.
FedEx Corporation earnings at a glance:
-Earnings (Q3): $939 Mln. vs. $371 Mln. last year.
-EPS (Q3): $3.47 vs. $1.41 last year.
-Analysts Estimate: $3.24
-Revenue (Q3): $21.5 Bln vs. $17.5 Bln last year.
Full year EPS guidance: $17.60 to $18.20
After years of backlash, Curt Schilling says he’s leaving Boston to be with ‘people that are nice’
Curt Schilling, the former Boston Red Sox pitcher, could be heard hammering nails at his family’s new home in Tennessee during a phone interview Thursday.
Schilling said he’s leaving the Boston area, where his anti-transgender comments and other controversial remarks have cost him fans even though he helped the Red Sox win World Series titles in 2004 and 2007.
“Outside of our circle of friends, it hasn’t been a real pleasant experience in Boston,’’ Schilling told USA TODAY Sports. “So we’re just trying to find a place to live out our lives with happiness with people that are nice, and Tennessee is it.’’
Since 2007, Schilling and his family have lived in Medina, about a 30-mile drive from Boston.
In recent years, Schilling, 54, has become a far-right social media firebrand and drawn criticism for offensive social media posts ranging from Islamophobia to transphobia to support for lynching journalists and beyond.
‘Retail jewellers likely to sustain recovery’
Despite the steep fall in gold prices and the resultant fall in realisations, retail jewellers are likely to sustain the ongoing demand recovery into the next fiscal with a 30-35% spike in demand, according to a report.
There was strong demand recovery in Q3 FY21 due to the festive season, pent-up wedding demand, and a 10% correction in gold prices during the festival period from its peak in last August, India Ratings said in a report, revising the sectoral outlook to stable from stable-to-negative.
‘Rising cases may lead RBI to delay liquidity normalisation’
Save new strict lockdowns, no threat to recovery: analysts
India’s central bank may have to delay the start of monetary policy normalisation by three months amid rising COVID-19 cases, but barring the return of stringent lockdowns there is no significant threat to the economy’s recovery, analysts say.
Having seen a peak of daily cases of almost 1,00,000 in late September, infections had been on a steady decline but have now started rising again over the last month.
“Even as the increase in the current caseload points to the risk of a second wave, more localised and less stringent restrictions will help contain the economic impact versus the initial wave,” said Radhika Rao, an economist with DBS Bank.
DBS has retained its assumptions for a stronger pick-up in March quarter growth versus the December 2020 quarter.
India reported 35,871 new coronavirus cases on Thursday, the highest in more than three months, with Maharashtra alone accounting for 65% of that.
Though analysts are unlikely to rush to review their growth forecasts, several believe policy normalisation, may now take a backseat.
“Monetary policy normalisation might be pushed back by a quarter as authorities monitor developments closely,” Ms. Rao said.
The RBI in early January said it wanted to start restoring normal liquidity operations in a phased manner.
“Growth concerns due to rising pandemic cases… could push back market expectations on the timing of policy normalisation,” Nomura economists Sonal Varma and Aurodeep Nandi wrote in a note.
Alison Cross, ‘S.W.A.T.’ Writer-Producer & Two-Time Emmy-Winner, Inks With Buchwald
Emmy-winning producer and writer Alison Cross has signed with Buchwald for representation.
Cross has served as an executive producer on CBS’ S.W.A.T. under Shawn Ryan since the series’ premiere in 2017. Prior to that, she served as an executive prodcer on The Good Fight at CBS All Access.
She also served as a consulting producer on USA’s Queen of the South, as well as an executive producer on TNT’s legal drama Murder in the First, which reunited her with writer-producer Steven Bochco. Her additional producing credits include TNT’s Raising the Bar, ABC’s Commander in Chief and ABC’s legal drama Philly, which she co-created with Bochco.
Cross’ screenwriting credits include co-writing the 1996 film Blood and Wine, starring Jack Nicholson and Michael Caine.
In 2018, Cross received the WGA West’s Paddy Chayefsky Laurel Award, an honor previously awarded to Aaron Sorkin, Garry Marshall, Shonda Rhimes and Larry David. In 1989 Cross won a Primetime Emmy for penning the Gregory Hoblit TV movie Roe v. Wade. She took home the award for Outstanding Writing for a Miniseries or Special in 1995 for Serving in Silence: The Margarethe Cammermeyer Story, starring Glenn Close.
Cross is also represented by attorney Peter Grossman, of Lichter, Grossman, Nichols, Adler, Feldman & Clark.