Saturday, April 25, 2015

Nasdaq, S&P 500 close at records; Hundreds dead, Everest shaken in Nepal quake; When men crave for the youthful look

1 Nasdaq, S&P 500 at record close (BBC) The Nasdaq and S&P 500 closed at new record highs after US tech firms reported strong first quarter profits. The index rose 36.02 points to close at 5,092.08. It ended Thursday at a record high, surpassing a level it last reached in 2000 at the height of the dot-com bubble. The S&P 500 index gained 4.76 points to 2,117.69, a new high.

The Dow Jones added 21.45 points to finish the week at 18,080.14. Amazon was the biggest winner on the Nasdaq. It boosted the tech-heavy index significantly, after shares in the firm rose by more than 14%, in the wake of revelations about its cloud computing services. The company's value now stands at $206.7bn (£136.1bn).

The Dow's leader was Microsoft, which saw its share price spike over 10% after it beat growth expectations. Xerox was one of the biggest losers on the Nasdaq, closing down 8.75%. On Thursday, the office supplies company reported a 6% fall in quarterly revenue.


2 Hundreds dead, Everest shaken in Nepal quake (San Francisco Chronicle) A powerful earthquake struck Nepal Saturday, killing at least 906 people across a swath of four countries as the violently shaking earth collapsed houses, leveled centuries-old temples and triggered avalanches on Mt. Everest. It was the worst tremor to hit the poor South Asian nation in over 80 years.

At least 876 people were confirmed dead in Nepal, according to the police. Another 20 were killed in India, six in Tibet and two in Bangladesh. Two Chinese citizens died at the Nepal-China border.

It was a few minutes before noon when the quake, with a preliminary magnitude of 7.8, began to rumble across the densely populated Kathmandu Valley, rippling through the capital Kathmandu and spreading in all directions -- north toward the Himalayas and Tibet, south to the Indo-Gangetic plains, east toward the Brahmaputra delta of Bangladesh and west toward the historical city of Lahore in Pakistan. As night fell, thousands of scared residents continued to camp out in parks and compounds, too scared to return to their homes.


3 Age of the wrinkle-free man (Sushmita Bose in Khaleej Times) I got a mail the other day from someone trying to suggest a story idea on Brotox. That’s the male equivalent of Botox. After bromance, Brotox, apparently, is the next big thing in the new-age male sector. More and more men want to look younger; they want wrinkle-free, taut faces — in order to be taken seriously professionally and to be a hit with the fairer sex.

I found this slightly odd because, traditionally, men have always been taken seriously when they had salt and pepper in their hair (and not because of premature graying). So, it saddened me that maybe it’s time to say goodbye to that appealing image of the George Clooney prototype.

As I was looking for some pointers on the psychology of the loss of youth, I came across some interesting figures. In a survey conducted — among women — in the UK, 41 per cent wished they looked younger (I was actually surprised to see that; I somehow believe that figure would be higher). About 20 per cent worry about their age every day (wow!). The age when women are most worried “about how old they look” is 39.5 (I’m pretty sure, pre-third millennium, the magic number would have been 29.5). Over 55s are least worried about how old they look. And, in a reverse flip, about a quarter of under-24s feel they look older than they are actually are.

Eternal youth coupled with immortality would obviously be an ideal scenario for dream catchers. But in real life, if (suddenly) it ever were a toss-up between life-long youth and immortality, it’ll perhaps be a thumping victory for the former. Youth. A transience that’s supposed to embody “the freshness of the deep springs of life”.

The selling point of stuff like Botox (or Brotox) and anti-ageing products is a hint of promise for the extension of this transience. Women have, for long, fretted about ‘losing youth’; men have been far more deadpan… but it was just going to be a matter of time before they too fell in line at the counter of youth-sell.

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