By Nick MulvenneyNick Kyrgios has accused Olympic great Dawn Fraser of being a “blatant racist” after the former champion swimmer said tennis players should “go back to where their parents came from” if they did not set a better example to Australian youth.Kyrgios was the subject of a barrage of criticism back home for his on-court antics when he was beaten by Richard Gasquet at Wimbledon on Tuesday.The 20-year-old was accused of giving up, or ‘tanking’, in one game, received a warning for an audible obscenity and conducted a running debate with the umpire throughout the match.Fraser, who has been one of Australia’s best known sporting figures since she won the 100 metres freestyle at three successive Olympic Games from 1956, was invited to comment on his behaviour on a popular morning TV show.“It’s absolutely disgusting. I am so shocked to think that he went out there to play and he tanked, he did all that tanking, that’s terrible,” the 77-year-old said.“They should be setting a better example for the younger generation of this country, a great country of ours.“If they don’t like it, go back to where their fathers or their parents came from. We don’t need them here in this country if they act like that.”Kyrgios responded by linking to a video of Fraser’s comment on his Facebook page.“Throwing a racket, brat. Debating the rules, disrespectful. Frustrated when competing, spoilt. Showing emotion, arrogant.”“Blatant racist, Australian legend.”Attempts by Reuters to contact Fraser by telephone and email were not immediately successful but she later denied being a racist.“I’m not a racist person, if you take it that way then I’m sorry that you take it that way, but I’m not racist at all,” she told the Canberra Times.“I said, ‘If they don’t want to be Australians then maybe they should go back to the country where their parents come from’. That’s not being racist.“I said they were not good Australians by behaving the way they are on court. Do you think they are? He’s just bad mannered. He’s just a bad sport.”Kyrgios’ Wimbledon exit came a couple of days after Bernard Tomic was dumped from Australia’s Davis Cup team for launching a tirade at Tennis Australia officials in the wake of his third round exit at the All England Club.Kyrgios, who was born and raised in Australia’s capital Canberra, has Greek and Malaysian-born parents.Tomic was born in Germany but moved to Queensland when he was three with his Yugoslavia-born parents.At the time of the last census in 2011, 43.1 per cent of Australians had one or more parent born outside the country.Ironically, Fraser was something of an anti-authoritarian figure in her heyday.A 10-year ban for various misdemeanours during the 1964 Tokyo Games, including taking a flag from outside the Japanese emperor’s palace, scuppered her hopes of winning a fourth straight Olympic title in Mexico in 1968.
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Categories: Hornberger News,News Bill is part of legislative package in response to Larry Nassar scandalThe state House today approved Rep. Pamela Hornberger’s legislation to allow the removal of an elected member of the state board of education or university board with cause.Under the state Constitution, the governor can remove elected board members for gross negligence, corrupt conduct and other illegal behavior related to their position. This plan will bring state statute in line with the Constitution.“We should expect those who lead our schools, colleges and universities to do what is best for our children, but unfortunately that is not always the case,” said Hornberger, of Chesterfield Township. “My bill protects these students by allowing the governor to also remove those officials – while exercising due process – even when the Legislature is in session while eliminating conflicts with the state constitution. Someone who is elected or appointed to a college board has an obligation to help lead and advance that institution and its students. We must hold anyone given that opportunity to a strict standard.”Hornberger’s legislation is part of a 28-bill bipartisan package approved by the House to increase protections to Michigan’s residents in the wake of the Larry Nassar sex abuse scandal.“This plan will make it virtually impossible for this kind of predator to exist in Michigan,” Hornberger said. “My bill was part of legislation which was discussed during 19 hours of committee testimony. Medical professionals, educators, former judges, multiple private and public organizations, and even survivors of Nassar’s crimes spoke up about protecting Michigan’s residents from sexual abuse. That has helped develop solutions to set a higher standard of protecting our children, through K-12 and college, while strengthening punishments against anyone who victimizes children.”House Bill 5799 advances to the Senate for its consideration. 24May House approves Hornberger plan to remove elected trustees for illegal acts
OMAHA, NE—Warren Buffett lost money but had a pretty good quarter.Berkshire Hathaway Inc on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce “wild” but in his view meaningless swings in results.But Berkshire also ended a long stretch of disappointing operating performance, posting record operating profit as insurance rebounded from a difficult quarter while economic growth bolstered results in railroad, industrial and consumer businesses.Berkshire posted a first-quarter net loss of $1.14 billion, or $692 per Class A share, compared with net income of $4.06 billion, or $2,469 per share, a year earlier.The accounting change required Berkshire to report $6.2 billion of unrealized losses in its marketable stock portfolio, which totaled $170.5 billion at year end, regardless of whether it planned to sell those stocks.Two of Berkshire’s biggest stock investments, Wells Fargo & Co and Coca-Cola Co , had tough first quarters, falling 13.6 percent and 5.3 percent, respectively. Buffett has called the new accounting rule a “nightmare” that would produce “truly wild and capricious swings” in bottom-line results that could, depending on their direction, unnecessarily scare or embolden investors.“It really is not representative of what’s going on in the business at all,” Buffett told shareholders at Berkshire’s annual meeting in Omaha, Nebraska.Berkshire said its operating profit, which Buffett considers a better performance measure, rose 49 percent to $5.29 billion, or about $3,215 per Class A share, from $3.56 billion, or $2,163 per share, a year earlier.Analysts, on average, expected operating profit of about $3,116 per Class A share, according to Thomson Reuters I/B/E/S. Operating profit had previously fallen for five straight quarters, and missed Wall Street forecasts for eight straight.Book value, which measures assets minus liabilities, also took a hit from falling stock prices, falling 0.3 percent to $211,184 per Class A share, even though Buffett boosted his stake in Apple Inc by $12.5 billion in the quarter.Some analysts have said the stock losses have weighed on Berkshire shares, which are 10 percent below their record highs set on Jan. 29. In Friday trading, the Class A shares closed at$292,600, and the Class B shares at $195.64.Buffett, 87, and Vice Chairman Vice Chairman Charlie Munger, 94, are answering five hours of questions from shareholders, journalists and analysts at the annual meeting.PLENTY OF CASHDespite the Apple purchase, Berkshire ended the quarter with $108.6 billion of cash and equivalents, giving Buffett ammunition to make one or more “huge” non-insurance acquisitions he has said he wants.Berkshire’s insurance businesses, which had been struggled with losses from hurricanes and other events, posted a $407 million underwriting profit, compared with a year earlier $267 million loss.Buffett said the Geico car insurer had “quite a good-sized turnaround in profitability.” Pre-tax underwriting gains nearly quadrupled, as it sold more policies despite having raised rates, while the rate of policyholder losses fell.“The trends look pretty good,” Tony Nicely, Geico’s chief executive, told Reuters on Friday. “The number of claims are down somewhat. Yet the costs keep going up.”An improving economy led to higher business volume at the BNSF railroad, which saw profit rise 37 percent to $1.15 billion.Pretax profit at industrial businesses such as Precision Castparts rose 32 percent, while lower taxes helped boost profit at the Berkshire Hathaway Energy unit by 22 percent.By Jonathan Stempel and Trevor Hunnicutt US News Show Discussion Share this article Buffett’s Berkshire Swings to Rare Loss but Performs Better By Reuters May 5, 2018 Updated: May 6, 2018 Share LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON Warren Buffett, CEO of Berkshire Hathaway Inc, walks through the exhibit hall at the company’s annual meeting in Omaha, Nebraska on May 5, 2018. (REUTERS/Rick Wilking)