On this day:
1815
The Second Serbian Uprising – a second phase of the national revolution of the Serbs against the Ottoman Empire, erupts shortly after the annexation of the country to the Ottoman Empire.
1940
The Rhythm Night Club fire at a dance hall in Natchez, Mississippi, kills 198 people.
1942
World War II: Baedeker Blitz – German bombers hit Exeter, Bath, and York in retaliation for the British raid on Lübeck.
1967
Soviet space program: Soyuz 1 (Russian: Союз 1, Union 1), a manned spaceflight, is launched into orbit carrying cosmonaut Colonel Vladimir Komarov.
1968
Vietnam War: Student protesters at Columbia University in New York City take over administration buildings and shut down the university.
The Second Serbian Uprising – a second phase of the national revolution of the Serbs against the Ottoman Empire, erupts shortly after the annexation of the country to the Ottoman Empire.
1940
The Rhythm Night Club fire at a dance hall in Natchez, Mississippi, kills 198 people.
1942
World War II: Baedeker Blitz – German bombers hit Exeter, Bath, and York in retaliation for the British raid on Lübeck.
1967
Soviet space program: Soyuz 1 (Russian: Союз 1, Union 1), a manned spaceflight, is launched into orbit carrying cosmonaut Colonel Vladimir Komarov.
1968
Vietnam War: Student protesters at Columbia University in New York City take over administration buildings and shut down the university.
"As I said the other day, I promised my family, this organization and this team that I was going to give them the best version of me that I can possibly give them. In order to do so, I have committed to seeking counseling, starting this weekend," Vrabel said Wednesday night. "This is something that I have given a lot of thought to and is something I would advise a player to do if I was counseling them.
"I have always wanted to lead by example, and I believe this is what I have to do to be the best husband, father and coach that I possibly can be. This is not an easy thing for me to admit, but it is one that I know will make me a better person. I appreciate the support that everyone has given me and promise a stronger resolve as a result."
Well, that should make America feel better.
***
This day, in 1564, is the birthday of William Shakespeare, English writer and actor (d. 1616) (traditional approximate birth date in Julian calendar based on April 26 baptism)
***
This day, in 1564, is the birthday of William Shakespeare, English writer and actor (d. 1616) (traditional approximate birth date in Julian calendar based on April 26 baptism)
***
The Penguins, the third-highest scoring team in the NHL during the regular season, have four goals in three games during this series. One came at even strength, two came on the power play, and one came with the goaltender pulled in Game 1.
***
Berkshire's Abel has more than $43 billion of his company's assets invested in Japanese stocks as of the April 17 closing bell.
Whereas many of Wall Street's leading public companies trade at premium valuations, Japan's trading houses have consistently traded at high-single-digit to low-double-digit price-to-earnings ratios. The companies are paying dividends to shareholders, and their management teams are receiving modest pay packages compared to those of most large- and mega-cap U.S. public companies.
***
California cannot permit the construction of a smartphone factory, an electric car plant, or a Navy destroyer shipyard. Not won’t — can’t. The regulatory environment makes it effectively impossible to build new semiconductor fabs, automotive paint shops, battery gigafactories, or steel foundries.
Tesla didn’t put its Gigafactory in Nevada out of affection for Reno. General Dynamics NASSCO in San Diego can build destroyers only because it’s been grandfathered in since 1960. If it closed tomorrow, it could not be rebuilt.--Tabarrok
So we can't build businesses but complain there are no jobs? We can't drill and sell oil, but complain about the cost of importing it?
I know a man who owns a coffee shop and was told by local regulators that his floor space required that he build a second bathroom. So, he made the shop smaller. I know a farmer whose kids wanted to set up a roadside vegetable stand to sell produce from their garden and were told they needed a $40,000 investment in air conditioning to meet regulations.
China may be a problem, but a suicidal culture does not need enemies to be rewarded.