August 12, 2019
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The numbers are mind-boggling: $70,000 per minute, $4 million per hour, $100 million per day.
That’s how quickly the fortune of the Waltons, the clan behind Walmart Inc., has been growing since last year’s Bloomberg ranking of the world’s richest families.
At that rate, their wealth would’ve expanded about $23,000 since you began reading this. A new Walmart associate in the U.S. would’ve made about 6 cents in that time, on the way to an $11 hourly minimum.
Even in this era of extreme wealth and brutal inequality, the contrast is jarring. The heirs of Sam Walton, Walmart’s notoriously frugal founder, are amassing wealth on a near-unprecedented scale — and they’re hardly alone.
The Walton fortune has swelled by $39 billion, to $191 billion, since topping the June 2018 ranking of the world’s richest families.
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From left: Jim Walton, Alice Walton, Jim’s wife Lynne McNabb Walton, Rob Walton’s wife Melani Lowman Walton and Rob Walton. Photograph: Rick T. Wilking / Stringer
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August 12, 2019
Mohenjo
Business, Crime, Food For Thought, Human Interest, Science, Technical
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On a Tuesday night in May, Sean Coonce was reading the news in bed when his phone dropped service. He chalked it up to tech being tech and went to sleep. When he woke up, his Gmail account had been stolen and by Wednesday evening he was out $100,000.
“This is still very raw (I haven’t even told my family yet),” Coonce wrote in an anguished Medium post. “I can’t stop thinking about the small, easy things I could have done to protect myself along the way.”
On a Monday night in June, Matthew Miller’s daughter woke him up to say that his Twitter account had been hacked. He had no cell phone service; within a few days Miller lost his Gmail and Twitter account and $25,000 from his family bank account.
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Illustration by Koren Shadmi
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August 12, 2019
Mohenjo
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Coaches and athletic administrators at Ohio State University knew for two decades that Dr. Richard Strauss was molesting male athletes but failed to sound the alarm or stop him, a long-awaited independent investigation into the scandal revealed Friday.
“Students openly discussed Strauss’ examination methods or complained about his loitering presence in the shower and locker room, including in front of coaches and other Athletics Department staff,” the 180-page report states.
“Many of the students felt that Strauss’ behavior was an ‘open secret,’ as it appeared to them that their coaches, trainers and other team physicians were fully aware of Strauss’ activities, and yet few seemed inclined to do anything to stop it.”
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The 1978 employment application information for Dr. Richard Strauss from Ohio State University’s personnel files.Ohio State University via AP
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August 12, 2019
Mohenjo
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Seventy-eight-year-old Mauro Morandi often walks along the rocky shores of Budelli Island and looks out over the disconsolate sea, feeling dwarfed by the phantom forces that tug and twist the tides.
“We think we are giants that can dominate the Earth, but we’re just mosquitos,” Morandi says.
In 1989 on a stretch of water between Sardinia and Corsica, with a crippled engine and anchor adrift, Morandi’s catamaran was gripped by these same inexorable forces and carried to the shores of Budelli Island. When he learned that its caretaker was retiring from his post in two days, Morandi—long disenchanted with society—sold the catamaran and took his place.
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Mauro Morandi has lived alone on Budelli Island for 28 years. “What I love the most is the silence,” he says. “The silence in winter when there isn’t a storm and no one is around, but also the summer silence of sunset.”
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https://www.nationalgeographic.com/travel/destinations/europe/italy/photos-of-life-alone-on-a-paradise-island/.
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August 12, 2019
Mohenjo
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Researchers at Nationwide Children’s Hospital in Columbus, Ohio analyzed suicide rates of US kids and teens ages 10 to 19 between 1975 and 2016 using the Wide-ranging Online Data for Epidemiologic Research database, run by the US Centers for Disease Control and Prevention.
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In that period, there were more than 85,000 suicides in kids and teens, with 80% in boys and 20% in girls. The rates of suicide peaked in 1993 and had been on the decline until 2007, when they again started to climb, according to the findings, published Friday in JAMA.
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Although boys were 3.8 times more likely than girls to kill themselves over the 40-year study period, the gap is rapidly narrowing. Starting in 2007, the rates of suicide for girls 10 to 14 increased 12.7% per year, compared with 7.1% for boys the same age. A similar trend was seen for teens 15 to 19, with rates of suicide going up 7.9% for girls and 3.5% for boys.
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August 12, 2019
Mohenjo
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I.M. Pei, an American modernist architect regarded as one of the world’s leading designers of civic centers and cultural institutions, including the National Gallery of Art’s East Building, the glass pyramid at the entrance to the Louvre in Paris and the Rock and Roll Hall of Fame and Museum in Cleveland, died May 16 at a hospital in Manhattan. He was 102.
His son Li Chung “Sandi” Pei confirmed the death but did not provide a specific cause.
Considered one of the most significant and prolific architects of the 20th century, the New York-based designer left a legacy of notable buildings that span the globe. His significant works include the Jacob K. Javits Convention Center in Manhattan (1979 to 1986); the Morton H. Meyerson Symphony Center in Dallas (1982 to 1989); the Bank of China Tower in Hong Kong (1982 to 1989); and the Museum of Islamic Art in Doha, Qatar (2003 to 2008).
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I.M. Pei, an American modernist architect, died May 16 at a hospital in Manhattan, according to his family. (Reuters)
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August 12, 2019
Mohenjo
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August 12, 2019
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After Serena Williams had to withdraw from her tennis match in Toronto on Sunday due to an injury, her opponent Bianca Andreescu came over to offer encouragement and support.
Williams, 37, was forced to retire with an upper back injury in the first set of her Rogers Cup women’s singles final against Andreescu, which made the 19-year-old the first Canadian to win the cup in 50 years.
Williams, a 23-time Grand Slam winner, was visibly upset at the decision and began crying on her bench. Shortly thereafter, Andreescu came over to embrace her and give words of support and admiration.“Are you OK? What’s happening?” the teen asked. When Williams told her about the injury, Andreescu said, “I’ve watched you your whole career. You’re a fucking beast.”
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August 12, 2019
Mohenjo
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A fire at a Pennsylvania home operating as a day care center killed five children, according to authorities.
The fire occurred at a home in the town of Erie early Sunday morning, Fire Chief Guy Santone told CBS affiliate WSEE-TV. Fire officials said they pulled seven people out of the home, but were unable to revive the five children.
The home’s address is listed on the Erie Regional Chamber and Growth Partnership as a 24-hour child care center called Harris Family Day Care, according to the network. Santone said the day care owner was injured in the fire and flown to UPMC Mercy hospital in Pittsburgh for treatment.
Four of the five children who died in the fire were staying at the day care while their parents were working overnight, their grandmother told the Erie Times-News. Valerie Lockett-Slupski said that her grandchildren were two boys and two girls.
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August 12, 2019
Mohenjo
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Two experimental treatments to treat Ebola infection work so well that they will now be offered to all patients in the Democratic Republic of Congo, scientists announced Monday.
The antibody-based treatments are so powerful — “Now we can say that 90 percent can come out of treatment cured,” one scientist said — that they raise hopes that the disastrous epidemic in eastern Congo can soon be stopped.
Many families in the epidemic zone have been hiding their sick or bringing them in near death, too late to save. The epidemic has infected about 2,800 known patients and has killed more than 1,800 of them, according to the World Health Organization.
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A health worker wearing Ebola protection gear at a Biosecure Emergency Care Unit treatment center in Beni, Democratic Republic of Congo.CreditCreditBaz Ratner/Reuters.
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