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Man charged with drunken driving causing woman’s death turns himself into police

“A man turned himself in to police and is being charged in a fatal October crash that occurred in Alcona Township” writes Bob_johnson Mlive Com for mlive.com. Her 82-year-old husband, Benjamin Lauber, survived the crash.The crash occurred on Oct. 26, on Hubbard Lake Road near Scott Drive.Louis Barch, 49, of Spruce, was arraigned on Nov. 7 for one count of operating while intoxicated causing death, according to the Michigan State Police. Source: mlive.com

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Porsche crashes into 2nd floor of New Jersey building, killing 2

“The car crossed over road and hit an embankment, crashing into the second floor of a commercial building” writes Cleveland Com for cleveland.com. TOMS RIVER, New Jersey — Two men were killed early Sunday morning when a Porsche traveling at high speed went airborne, crashing into the second floor of a building, according to reports.Police tell nj.com that Braden DeMartin, 22, was driving and Daniel Foley, 23, was a passenger when the 2010 Porsche Boxter convertible crashed at 6:30 a.m.The building has been deemed structurally unsafe after the crash, reports…

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Markets News Stocks 

A quant expert warns the largest investors are facing a new, post-crisis danger that could lead to several years of losses — and explains how they can start limiting the damage

“One of the defining features of the era since the Great Recession for investors has been the prevalence of low interest rates” writes Akin Oyedele for businessinsider.com. The reason, he said, is that interest rates tend to fall when the economy is not doing well and rise when conditions are on the upswing.Equity fund managers have not been exempt from the impact of this trend.What is new post-crisis is that low interest rates have fueled the rise of stocks that offer the kinds of yields investors earned when rates were…

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Gender reveal ends in plane crash

“A gender reveal in Texas ended in disaster after a plane carrying hundreds of gallons of pink water crashed” reports washingtonexaminer.com. Although details are unclear, it appears the family was expecting the plane to dump out dyed water revealing the gender of their unborn baby. The pilot was flying near Turkey, Texas, at a low altitude and began to dump about 350 gallons of pink water when the plane slowed down, “aerodynamically stalled, impacted terrain, and came to rest inverted.” There were two people on board the plane, and they…

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Texas small plane crash was another gender reveal gone wrong

“A Texas plane crash that injured one person was part of a gender reveal stunt gone wrong, a National Transportation Safety Board report said Thursday” writes Theo Wayt Writes for today.com. The incident occurred when a pilot flew a crop duster-style plane at a low altitude in order to drop 350 gallons of pink water as part of a gender reveal celebration.Immediately after dropping the water, the plane stalled and crashed, sustaining damage to its fuselage and right wing, the NTSB said. Source: today.com

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How big tech is dragging us towards the next financial crash

“Like the big banks, big tech uses its lobbying muscle to try to avoid regulation” writes Rana Foroohar for theguardian.com. Hiding in plain sight was an amazing new discovery: big tech, not big banks, was the new too-big-to-fail industry.At a meta level, I see four major likenesses in big finance and big tech: corporate mythology, opacity, complexity and size.Big tech and big banks are also similar in the opacity and complexity of their operations. Source: theguardian.com

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