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Confused about the vaccine rollout? You’re not alone

Friday: The New York State’s vaccine rollout is not going smoothly.

 

— NYT: Top Stories

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Bus dramatically plunges off bridge; driver, passengers hurt

A bus in New York City which careened off a road in the Bronx neighborhood of New York is left dangling from an overpass Friday, Jan. 15, 2021, after a crash late Thursday that left the driver in serious condition, police said. (AP Photo/Craig Ruttle)

 

NEW YORK (AP) — An articulated bus dramatically plunged off an overpass in New York City, leaving the front half hanging from the highway ramp it was navigating, its fall broken only by the road below.

The driver was seriously injured in the crash just after 11 p.m. Thursday at an interchange of the Cross Bronx and Major Deegan expressways, and seven passengers suffered minor injuries, fire officials said. They were taken to hospitals. No other vehicles were involved.

One part of the bus — essentially two buses connected by a pivot that allows it to navigate turns — remained on the bridge, with the other half vertical, its smashed front end resting on the highway ramp below.

“The bus fell approximately 50 feet onto the access road. The patients suffered injuries consistent with a fall from such a great height,” Deputy Fire Chief Paul Hopper said in a social media post.

Firefighters planned to secure the fuel and any other hazardous materials before pulling the bus fully onto the road, Acting Battalion Chief Steven Moore said in the post.

The Metropolitan Transportation Authority said it was conducting “a full investigation and will implement lessons learned in order to prevent it from happening again.”

“We are certain this was a terrifying incident for those customers on the bus. Our hearts go out to them with hope that they can recover quickly,” Patrick Warren, the MTA’s chief safety and security officer, said in a statement.


— Associated Press

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Regulations & Security

Mexico clears Salvador Cienfuegos, ex-defense minister, in drug case

Gen. Salvador Cienfuegos Zepeda returned to Mexico last year after the Department of Justice abruptly dropped drug-trafficking and corruption charges.

 

— NYT: Top Stories

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Technology

Fiat Chrysler Automobiles partners with Wipro to establish its first Global Digital Hub in India

Wipro will build a skilled talent pool for FCA ICT India and develop capabilities around futuristic technologies

EAST BRUNSWICK, N.J. & BANGALORE, India–(BUSINESS WIRE)–#AshishSaxena–Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that it has been chosen as a strategic technology services partner by Fiat Chrysler Automobiles (FCA) to establish its first Global Digital Hub in Hyderabad, India.

This digital hub, called FCA ICT India, will support FCA’s Information and Communication Technology operations to focus on delivering premium mobility services and help FCA achieve its goal to enhance customer centricity through digital transformation.

As part of this engagement, Wipro will source and build a talent pool of more than 1000 skilled consultants and technologists for FCA ICT India who will help develop capabilities around futuristic technologies. The hub will showcase world-class high-performance engineering skills and digital best practices. FCA ICT India will be built from the ground up to meet FCA’s specific needs and growth agenda in the region. Wipro’s global expertise in the automobile sector will enable FCA to acquire the best talent and achieve digital transformation at scale.

Commenting on this partnership, Ashish Saxena, Head of Manufacturing, Wipro Limited said, “The automotive industry needs a robust digital infrastructure that will accelerate the pace of innovation and change it is currently experiencing. We are thrilled to partner with FCA and bring a collaborative operating model that will allow them to build customized digital solutions for their customers. We will help catalyze FCA’s transformation and innovation by leveraging our global technology partnerships, in-house IPs and accelerators in the automobile sector. Furthermore, this alliance will create new career opportunities in Hyderabad.”

Karim Lalani, Head, FCA ICT India said, “This partnership will help us leverage Wipro’s global IT expertise to develop new-age mobility solutions and services. Wipro will serve as a strategic technology services partner to build a high-performance digital engineering team that closely maps our needs to innovate and enhance our customers’ experience. It requires a truly agile mindset like Wipro’s to deliver productivity, scale, and speed, thereby nurturing an exciting work culture and plenty of career growth opportunities.”

FCA ICT India will enable Wipro to provide solutions towards operational challenges to ensure productivity remains unaffected. The partnership will fulfil the need for increased speed of delivery, heightened risk management processes and better control. Establishing the Global Digital Hub in India will drive both innovation and competitiveness necessary for FCA to become a leader in the future of mobility.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com

About FCA

Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe. For more information regarding FCA, please visit www.fcagroup.com

Forward-looking and Cautionary Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control.

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Contacts

Shraboni Banerjee

Wipro Limited

Shraboni.banerjee@wipro.com

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Biden picks former F.D.A. chief to lead federal vaccine efforts

Dr. David Kessler, who helped speed the development and approval of AIDS drugs in the 1990s, will become the top science official at Operation Warp Speed.

 

— NYT: Top Stories

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Report: Illusionist Siegfried Fischbacher dies in Las Vegas

FILE – In this Thursday, July 17, 2014, file photo, Siegfried Fischbacher, left, holds up a white lion cub as Roy Horn holds up a microphone during an event to welcome three white lion cubs to Siegfried & Roy’s Secret Garden and Dolphin Habitat, in Las Vegas. German news agency dpa is reporting that illusionist Siegfried Fischbacher, the surviving member of duo Siegfried & Roy has died in Las Vegas at age 81. The news agency said Thursday, Jan. 14, 2021 that Fischbacher’s sister, a nun who lives in Munich, confirmed his death of cancer. (AP Photo/John Locher, File)

 

BERLIN (AP) — German news agency dpa is reporting that illusionist Siegfried Fischbacher, the surviving member of the duo Siegfried & Roy, has died in Las Vegas at age 81.

The news agency said Thursday that Fischbacher’s sister, a nun who lives in Munich, confirmed his death of cancer.

“He was at home in Las Vegas,” Sister Dolore told dpa. She said she talked to her brother on the phone before he died and they prayed together.

“I could pray with him and tell him that I will always be with him in my heart,” she said.

After the call, he lay down and fell asleep, she added.

Fischbacher’s long-time show business partner, Roy Horn, died last year of complications from COVID-19 at a Las Vegas hospital. He was 75.

The duo astonished millions with their extraordinary magic tricks until Horn was critically injured in 2003 by one of the act’s famed white tigers.

In a statement announcing Horn’s death in May, Fischbacher said, “From the moment we met, I knew Roy and I, together, would change the world. There could be no Siegfried without Roy, and no Roy without Siegfried.”

He later told Germany’s weekly Bild am Sonntag newspaper his best friend would always stay by his side.

“For dinner, I will continue to have the table set for him, too. like it always was the case. I’m not alone,” dpa quoted Fischbacher as telling the newspaper.

For years, Siegfried & Roy was an institution in Las Vegas, where Fischbacher and Horn’s magic and artistry consistently attracted sellout crowds. The pair performed six shows a week, 44 weeks per year.

Horn and Fischbacher, both natives of Germany, first teamed up in 1957 and made their Las Vegas debut a decade later. Siegfried & Roy began performing at the Mirage in 1990.

The pair gained international recognition for helping to save rare white tigers and white lions from extinction. Their $10 million compound was home to dozens of rare animals over the years. The white lions and white tigers were the result of a preservation program that began in the 1980s.

The Siegfried & Roy show incorporated animal antics and magic tricks, featuring 20 white tigers and lions, the number varying depending on the night. The show also had other exotic animals, including an elephant.

Born on June 13, 1939 in Rosenheim in Bavaria, Fischbacher learned his first magic tricks as a young boy, dpa reported.

Horn and Fischbacher met on a cruise ship in 1957. Fischbacher performed the magic tricks, while Horn became his assistant, eventually suggesting using the cheetah in the act.

They honed their animal-magic show in small clubs in Germany and Switzerland in the mid-1960s. Their break came in a Monte Carlo casino when an agent in the audience invited them to Las Vegas. The pair made their debut at the Tropicana hotel-casino in the late 1960s.

The illusionists became popular in the 1970s, receiving their first star billing in 1978 as headliners of the Stardust’s “Lido de Paris.” Their show “Beyond Belief” opened in 1981 at the Frontier and played to thousands over seven years.

When they signed a lifetime contract with the Mirage in 2001, it was estimated they had performed 5,000 shows at the casino for 10 million fans since 1990 and had grossed more than $1 billion.

“Throughout the history of Las Vegas, no artists have meant more to the development of Las Vegas’ global reputation as the entertainment capital of the world than Siegfried and Roy,” Terry Lanni, chairman of MGM Mirage, the casino’s parent company, said after the 2003 attack that injured Horn.

 


— Associated Press

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Harold N. Bornstein, Trump’s former personal physician, dies at 73

He attested that President Trump would be the “healthiest president ever,” but he was later expelled from his orbit.

 

— NYT: Top Stories

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EXPLAINER: Barring Trump from holding office again

House Speaker Nancy Pelosi of Calif., signs the article of impeachment against President Donald Trump in an engrossment ceremony before transmission to the Senate for trial on Capitol Hill, in Washington, Wednesday, Jan. 13, 2021. (AP Photo/Alex Brandon)

 

WASHINGTON (AP) — Now that President Donald Trump has been impeached by the House of Representatives a second time, keeping him from holding office again could be Congress’ next step.

Every House Democrat and 10 Republicans voted Wednesday to impeach Trump for his role in inciting last week’s riot at the U.S. Capitol.

“The President of the United States summoned this mob, assembled the mob, and lit the flame of this attack. … There has never been a greater betrayal by a President of the United States of his office and his oath to the Constitution,” Rep. Liz Cheney, R-Wyo., the House’s No. 3 House GOP leader, wrote in a statement announcing that she would vote for impeachment.

On the Senate side, Majority Leader Mitch McConnell, R-Ky., has said privately he’s through with Trump.

But impeachment alone won’t prevent Trump from seeking office in the future. Some questions and answers about how Congress might bar Trump from ever seeking federal office again.

WHAT EXACTLY DOES IMPEACHMENT DO?

Impeachment in the House sets up a trial in the Senate, where a two-thirds majority is required to remove the president from office. Trump has been at this point before, of course. After the House impeached him in late 2019 for his pressure campaign on Ukraine, the Senate voted to acquit. Only one Republican, Mitt Romney of Utah, broke with the GOP.

This time, however, could prove different. McConnell himself said Wednesday he is undecided. Other Republicans are angry, and Trump would presumably be out of office before any vote is taken on whether to convict him. President-elect Joe Biden gets sworn in Jan. 20. With the Senate split 50-50, Democrats and the two independents who caucus with them would need 17 Republicans to join them to convict Trump.

IS TRUMP AUTOMATICALLY BARRED FROM OFFICE IF HE’S CONVICTED?

No, if past is precedent. If the Senate were to convict, lawmakers would take a separate vote on whether to disqualify him from holding future office.

No president has ever been convicted in the Senate and removed from office. But in the case of federal judges who were impeached and removed from office, the Senate has taken a second vote after conviction to determine whether to bar the person from ever holding federal office again.

The bar is lower on that second vote, with only a majority of senators needed to succeed. Then again, because it’s never happened before in the case of a president, a court challenge could follow. Frank Bowman III, a University of Missouri law professor and author of “A History of Impeachment for the Age of Trump,” said it’s his view the lower number of votes makes sense, but it’s not crazy to think that it might be challenged if things got to that point.

Another legal issue: It appears that Trump’s Senate trial will not even start before Jan. 19, a day before he leaves office. Scholars disagree about whether a former president can even face an impeachment trial in the Senate.

IS THAT THE ONLY WAY TRUMP CAN BE BARRED FROM OFFICE?

Maybe not. In an opinion piece published in The Washington Post on Monday, Yale Law School professor Bruce Ackerman and Indiana University law professor Gerard Magliocca argued that members of Congress have another, perhaps easier, path to barring Trump from office.

They pointed to the Section 3 of the 14th Amendment, aimed at preventing people from holding federal office if they are deemed to have “engaged in insurrection or rebellion against” the Constitution.

The professors write that if a majority vote of both houses agree that Trump engaged in an act of “insurrection or rebellion,” then he would be barred from running for the White House again. Only a two-thirds vote of each house of Congress in the future could undo that result.

The sole article of impeachment adopted Wednesday cites that provision of the Constitution and says Trump should be disqualified from holding future office.

WHAT’S SECTION 3 DOING IN THE 14TH AMENDMENT?

The 14th Amendment was one of three amendments adopted after the Civil War to end slavery and afford equal rights to Black people. The point of Section 3, according to Ackerman and Magliocca, was to keep Confederates — those who had engaged in “insurrection or rebellion” — from holding public office in the postwar period. In 1872, Congress passed the Amnesty Act to allow those men to serve again. But Section 3 remains. It was last used a century ago to keep a socialist from Wisconsin who opposed U.S. entry into World War I from taking his seat in Congress.

 

— Associated Press

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Business

DriveWealth’s acquisition of Cuttone & Co. brings pioneering technology for global retail investors to the floor of the NYSE

DriveWealth’s fintech and financial institution partners around the world can now offer institutional-quality access to U.S. equities for their customers

CHATHAM, N.J.–(BUSINESS WIRE)–DriveWealth, a leading global brokerage infrastructure platform, today announced the acquisition of Cuttone & Company, a globally-respected New York-based institutional broker dealer, thus bringing its pioneering technology to the floor of the New York Stock Exchange (NYSE). With this acquisition, retail investors around the world who trade fractional shares of U.S. equities via DriveWealth’s partners are provided direct access to the point of sale for NYSE securities with the same sophisticated trade execution technology that had previously only been accessible to institutional investors.

Cuttone & Company, now the Institutional Division of DriveWealth Holdings, Inc. will bring market and regulatory expertise, a network of institutional trading partners, and other resources to DriveWealth’s partners. DriveWealth will now be able to offer its partners unique access to price discovery on its highly scalable, configurable and redundant electronic trading infrastructure. The advantage available on the trading floor not only provides direct access to the point of sale but affords the same time and place advantage for access to regulatory and jurisdictional information which could affect market conditions or trigger trading halts.

“These added resources, unprecedented transparency, and the ability to trade directly on the NYSE or across all U.S. equity destinations will open up greater opportunities for the retail investors we serve on our platform,” said Bob Cortright, founder and CEO of DriveWealth. “Having notional trading technology connected to a flexible brokerage infrastructure allows investors to start small by investing in brands they know and care about. We’re proud to bring this new combination of Cuttone & Company’s institutional knowledge with our retail trading technology to become the most complete brokerage stack available to retail investors today.”

“Since 1984, Cuttone & Company has attracted and served thousands of institutional investors with high-quality execution solutions. We’re excited to bring that same institutional level of service to retail around the world, shepherding ‘Main Street’ investors through Wall Street,” said Donato J. Cuttone, CEO of Cuttone & Company and a member of the Board of Directors of NYSE National, Inc. “We know from experience that technology alone can’t replace the expertise and intuition of market professionals on the floor of the New York Stock Exchange. Joining DriveWealth allows us to apply our expertise and expand our commitment to market fairness and transparency for millions of retail investors around the world.”

“We’re pleased to welcome DriveWealth to the NYSE Trading Floor community. With a floor presence, DriveWealth can extend the benefits of the NYSE’s unique market model to its clients around the world, including participation in the world’s largest liquidity event, the NYSE Closing Auction,” said NYSE Group Chief Operating Officer Michael Blaugrund.

Following the acquisition, Cuttone & Company will operate as a subsidiary of DriveWealth Holdings, Inc., a FINRA registered broker dealer. Donato J. Cuttone has joined DriveWealth’s Board of Directors and will continue to lead the team as the CEO of DriveWealth’s Institutional Division.

About DriveWealth

DriveWealth is an API-driven global brokerage infrastructure platform powering both traditional and innovative investment experiences for more than 50 partners in over 150 countries. DriveWealth’s mission is to reshape the world of retail investing by enabling banks, global brands, and Fintechs to provide investment access and advice to underbanked and underserved customers that was previously only available to the wealthy. For more information, please visit drivewealth.com.

About Cuttone & Company

Founded in 1984, Cuttone & Company is a New York-based full-service institutional broker combining state-of-the-art technology and highly experienced professionals to deliver a complete range of execution and prime brokerage solutions. Cuttone & Company is a premier provider of arbitrage, corporate action, special situation, and block trade execution for institutional asset managers and broker-dealers. Over the last decade, the firm has expanded its New York Stock Exchange floor business to include institutional direct market access, bespoke algorithmic solutions, access to unique order types, and principal activity. In addition, we continue to support a full suite of prime brokerage services. Member NYSE, FINRA and SIPC. For more information, please visit www.cuttoneandcompany.com.

Contacts

Media Contact: DriveWealth and Cuttone & Company
Malea Ritz

drivewealth@backbaycommunications.com

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More businesses will be able to apply for P.P.P. loans next week

After giving small lenders a head start, the Paycheck Protection Program will open for all applicants on Tuesday.

 

— NYT: Top Stories