seeking | Common News Update

Mar232021 by adminNo Comments

EXPLAINER: How states are seeking to loosen controls on guns

Health

Mass shootings in Georgia and Colorado that left at least 18 people dead since last week are reigniting calls from gun control advocates for tighter restrictions on buying firearms and ammunition. But with Democrats in control of the federal government, gun rights advocates have been persuading Republican-run state legislatures to go the other way, making it easier to obtain and carry guns.How are the politics of gun legislation playing out in the United States this year? Here's the breakdown.PROSPECTS MIXED FOR LEGISLATIONThis month, the Democrat-controlled U.S. House of Representatives adopted measures to expand background checks to all gun purchases and expand the time to to vet people flagged in a nationwide background check system.But to pass in the Senate, the support of every Democr...

Mar82021 by adminNo Comments

Officials seeking answers to Puerto Rico telescope collapse

Technology

The National Science Foundation says it could cost up to $ 50 million just to clean up the debris at a renowned radio telescope that collapsed last year in Puerto RicoBy DÁNICA COTO Associated PressMarch 5, 2021, 9:30 PM• 3 min readShare to FacebookShare to TwitterEmail this articleSAN JUAN, Puerto Rico -- The National Science Foundation said Friday that it could cost up to $ 50 million just to clean up the debris at a renowned radio telescope that collapsed last year in Puerto Rico, adding that investigations into what caused its cables to fail are still ongoing.The update is part of a report that the federal agency, which owns the telescope, had to submit to Congress as the investigation continues into the Arecibo telescope. It was until recently the world’s largest radio telescope and w...

Sep292020 by adminNo Comments

Borrowers seeking loan moratoriums rose after June; will be judicious on loan recasts: Axis Bank

Finance

MUMBAI:Axis Bank on Tuesday said there was an uptick in the number of borrowers who opted for loan moratoriums after June and emphasised that the lender will be "judicious" in restructuring borrowings under the new rules. About Non-Performing Assets (NPAs), the bank's Chief Executive Officer and Managing Director Amitabh Chaudhry said its stress tests are now showing lower slippages across any scenario than earlier. "The 9.7 (per cent) was the number as of June 30. Obviously over a period of time some more customers do ask for moratorium, so I can definitely say that the number has gone up a little bit rather than coming down, which has happened for everyone," Chaudhry told in an interview. The chief of the country's third largest private sector lender was responding to a query on the qu...

May212020 by adminNo Comments

Coronavirus: US workers seeking jobless aid near 40 million

Business

A further 2.4 million Americans sought unemployment benefits last week, despite hopes that easing lockdown restrictions would help restart the US economy.The new filings brought the total since mid-March to roughly 38.6 million - almost a quarter of the workforce.The weekly figures have declined since peaking at almost 6.9 million at the end of March but remain high.The number of people remaining on benefits also continues to grow.Treasury Secretary Steven Mnuchin warned this week that the US risked "permanent damage" if the lockdowns continued.All 50 states in the US have started to reopen but it is not clear whether simply easing restrictions will prompt activity to rebound. ...

Feb232020 by adminNo Comments

For-profit firm seeking to run .org names makes concessions

Technology

A private equity firm seeking to buy rights to operate the internet's By ROBERT JABLON Associated PressFebruary 22, 2020, 1:06 AM4 min readLOS ANGELES -- A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered $ 1.1 billion to buy the Public Interest Registry, the nonprofit corporation that runs the databases containing more than 10 million .org names registered worldwide. Organizations ranging from the Girl Scouts of the USA and Consumer Reports to the American Bible Society have opposed the sale, warning of potential price gouging and censorship. California's attorney general and four ...