India’s finance minister favors interest rate cut: paper

India's Finance and DM Jaitley arrives to attend a meeting with the finance ministers of Indian states on GST issues in New DelhiNEW DELHI (Reuters) – India's Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has signal it will not ease policy until it is confident of lower inflation. In May, Prime Minister Modi was elected on promises that his government would create jobs and rejuvenate the Indian economy, but experts were disappointed by Jaitley's first budget and a lack of early progress on fixing structural economic problems. "Currently, interest rates are a disincentive. …


Renault chief sees Europe auto market slowing in 2015

French President Francois Hollande is shown the inside of a newly presented Renault Espace by CEO of Nissan-Renault Carlos Ghosn (R) during an official visit to the Paris Motor Show on October 03, 2014French carmaker Renault chairman, Carlos Ghosn, said Saturday that he expects slower growth in Europe's auto market next year as it continues to recover from the global economic crisis. Ghosn, who is also Renault's chief executive officer, said the European market was growing at six percent so far this year — the best since the 2007 crisis. "I'm expecting in 2015 this recovery to continue," Ghosn told journalists on the sidelines of an industry forum in China's commercial hub Shanghai. I think the increase will probably be more moderate than six percent… in line with GDP (gross domestic product) growth," he said, but gave no estimates for Renault alone.


Mariota throws 5 TD pass, No. 6 Oregon beats Cal (Yahoo Sports)

Oregon quarterback Marcus Mariota runs against California during the first half of an NCAA college football game Friday, Oct. 24, 2014, in Santa Clara, Calif. (AP Photo/Marcio Jose Sanchez)

Marcus Mariota matched his season high with five touchdown passes and broke the Oregon record for career passing yards in the No. 6 Ducks’ 59-41 victory over California on Friday night in the first college game at Levi’s Stadium. He also threw his first interception since the Oregon State game last season, ending his streak of passes without an interception at 253. Mariota pushed his career total to 8,625 yards, breaking Bill Musgrave’s record of 8,343 on the Ducks’ opening possession with the first of two touchdown throws to Dwayne Stanford. Royce Freeman ran for 112 yards and two touchdowns to overcome a critical early turnover, and Charles Nelson scored on a 58-yard punt return to help Oregon (7-1, 4-1 Pac-12) win its sixth straight against Cal. Jared Goff passed for 360 yards and two touchdowns for Cal (4-4, 2-4), but the Bears couldn’t overcome multiple breakdowns and lost their third straight.


Giants suddenly in unfamiliar situation at World Series – USA TODAY


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Giants suddenly in unfamiliar situation at World Series
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Private Funeral Set For Fashion Designer Oscar De La Renta

Oscar de la Renta

Funeral services are set for fashion designer Oscar de la Renta.

A private funeral mass for de la Renta will be held here Nov. 3.

The mass will take place at 11 a.m. at the Church of St. Ignatius Loyola at Park Avenue and 84th Street, according to Women’s Wear Daily.

De la Renta died Monday at his home in Kent, Conn., at age 82 after a long battle with cancer. The consummate charmer, the designer mingled with royalty, celebrity, socials and more throughout his long career. That career began at Elizabeth Arden in the Sixties and stretched through the last three decades of the 20th century and well into the second decade of the 21st.

As reported, he was one of the last of the generation that literally put American fashion — and the names that were on the label — on the global map. While the size of his business never matched that of some of his peers, his outsized reputation surpassed them in many other ways.

Reuters is reporting the Dominican-born designer, who dressed Hollywood stars, American first ladies and wealthy socialites, died at his home in Connecticut surrounded by his family.

During his lengthy career De la Renta was known for his sophisticated suits with fitted jackets, feminine dresses in pastel colors and flowered prints, and elaborate evening gowns.

He was a favorite among actresses including Sarah Jessica Parker, Amy Adams and Jennifer Lawrence, who wore his creations on the red carpet.

One of his most recent creations was the lace, off-the-shoulder wedding gown he created for human rights lawyer Amal Alamuddin for her September wedding to actor George Clooney in Venice, Italy.

Anna Wintour, the editor-in-chief of Vogue, who wrote a tribute to her close friend on the magazine’s website following his death, is expected to be among the designers, fashionistas and celebrities to attend the funeral.

In the Dominican Republic, where de la Renta had a home and his philanthropy changed the lives of thousands of children, flags were flown at half mass during a national day of mourning.

President Danilo Medina credited the designer for raising up the name of the Dominican Republic over the world.

Amid his growing fortunes was a personal tragedy. In 1983, his wife, Francoise, died of breast cancer. A year later, Mr. de la Renta was moved by the story of an abandoned infant being cared for at the orphanage he supported in the Dominican Republic. He adopted the boy, Moises. In 1989, Mr. de la Renta married Annette Reed. Besides his wife, survivors include his son and three stepchildren.

[Image courtesy of True News USA]

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Cal Bears lose shootout with No. 6 Oregon Ducks – San Jose Mercury News


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Cal Bears lose shootout with No. 6 Oregon Ducks
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SANTA CLARA– The first college football game at Levi's Stadium featured 100 points, thousands of green-and-gold clad Oregon fans and Heisman Trophy candidate Marcus Mariota's first intercepted pass in 11 months. The Bears put up 28 first-half points, …
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UNC’s Williams: ‘Very sad time’ after fraud report (Yahoo Sports)

North Carolina basketball coach Roy Williams reacts to questions regarding the release of a report on academic fraud at the university, following the team's NCAA college basketball exhibition game against Fayetteville State on Friday, Oct. 24, 2014, Chapel Hill, N.C. (AP Photo/The News & Observer, Robert Willett)

North Carolina basketball coach Roy Williams said Friday night it’s a ”very sad time” at the school after an investigation found widespread academic fraud and adds that his program ”thought we were doing the right thing.” After his team’s exhibition victory, Williams spoke for the first time in response to a report released Wednesday that outlined how fraud ran unchecked in the formerly named African and Afro-American Studies (AFAM) department for nearly two decades. Williams said he was ”dumbfounded” by the details in the report and said UNC ”made some mistakes for a long time” that damaged the school’s reputation and led the NCAA to reopen its probe into academic misconduct here. Justice Department official Kenneth Wainstein called the system a ”shadow curriculum” running from 1993 to 2011 within the department. The report stated Williams and other coaches said they were aware there were independent study courses offering easy grades, but they didn’t know the classes were bogus.


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