The “Woke” Crowd Hitting Universities & TV Like Never Before
The University of Florida has decided to put an end to its “Gator Bait” chant, due to what the school claims is the “historic racist imagery associated with the phrase.”
University of Florida President Ken Fuchs announced the measure a s a part of the university’s effort to combat racism.
“While I know of no evidence of racism associated with our ‘Gator Bait’ cheer at UF sporting events, there is horrific historic racist imagery associated with the phrase,” Fuchs explained. “Accordingly, University Athletics and the Gator Band will discontinue the use of the cheer.”
Gators fans shout “Gator Bait” after the band plays the tune associated with the chant. Then, in what has become one of the most instantly recognizable images in sports, fans perform a chomping motion with their arms.
Georgia, Florida’s chief SEC East rival, announced on Thursday that their band will no longer play Tara’s Theme. A tune that was played during the classic Gone With the Wind, which HBO Max recently pulled off its service but promised to return after adding “warning” labels and a clip explaining “historical context.”
The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world’s largest economy back to life, a source familiar with the situation said.
The Department of Transportation’s preliminary version reserves most funds for projects such as roads and bridges, but will also set aside about a quarter of the money for priorities such as 5G wireless infrastructure and rural broadband, two sources said.
The White House, which has made similar proposals in recent years, is aiming to unveil its latest effort in July, one of the sources said. News of the potential additional stimulus, first reported by Bloomberg, supported a U.S. stock market rise on Tuesday.
The administration proposal would extend the law authorizing highway and other surface transportation funding. The current law, known as the FAST Act, authorized $305 billion over five years and is set to expire on Sept. 30.
The White House is likely to propose a 10-year reauthorization of the measure, which would be the longest-ever surface transportation bill and is set to release its proposal as early as next week, two other people briefed on the matter said.
Leading Market News
Quadruple witching, a pandemic, a recession, and a stock market that is looking for reasons to add to an epic recovery from the impact of the coronavirus. Could those factors make for a volatile cocktail for the stock market in coming days and weeks?
Quadruple witching occurs on the third Friday of the month of every quarter, in March, June, September, and December, and refers to the simultaneous expiration of single-stock options, single-stock futures, and stock-index options and stock-futures.
Equities have already experienced a bout of renewed volatility last Thursday that may have cracked Wall Street’s bullish patina, with the Dow Jones Industrial Average tumbling 7% and the S&P 500 tanking by 6%.
However, Friday’s quad witching period, could mark the start of a further bumpy patch for the market, including the rebalancing of Russell indexes, which concludes on June 26, and the start of a new batch of quarterly corporate earnings reports in mid-July.
“Markets have become a battleground over the past week between the bulls and the bears,” Art Hogan, chief market strategist at National Securities Corporation, told MarketWatch.
“Expirations tend to be volatile by their nature, and I would suspect this go around will likely be no exception,” Hogan said.
The Back Page
It was party time this weekend for the gorillas at London Zoo – complete with treats like nuts, leeks and broccoli to eat and bunting in their treehouses – as they got ready to see visitors for the first time in nearly three months.
The zoo, located in Regent’s Park, closed in March as the country went into coronavirus lockdown. It opens again on Monday, albeit with restrictions such as limits on visitor numbers, one-way routes and paw-print markers to ensure social distancing.
The zoo, which says its nearly 200-year history makes it the world’s oldest scientific zoo, normally closes just once a year, on Christmas Day.
Staff laid on a little celebration for the gorillas to mark the reopening.
“Of course the animals have been missing the visitors, the gorillas have really been looking out for people,” said Daniel Simmonds, team leader of primates at the zoo.
“They have already adjusted to the fact that people haven’t been coming in, but equally I am absolutely sure they are going to be really excited when they see lots of friendly visitor faces visiting them tomorrow.”