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Search resuls for: "Manish Kumar"


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As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. Federal Trade Commission chair Lina Khan said the FTC is "hearing troubling reports of price gouging for essentials that are necessary for people to get out of harm's way — from hotels to groceries to gas." "Companies are on notice: do not use the hurricane as an excuse to exploit people through illegal behavior," said Manish Kumar, a deputy assistant attorney general in the Justice Department's Antitrust Division. Most states have laws intended to curb price gouging, with many of these restrictions tied to declared states of emergency. Several major airlines and retailers have told CNBC in recent days that they froze prices in advance of the storm.
Persons: Hurricane Milton, Biden, Ronald C, Gathe Jr, Lina Khan, Patrick De Haan, Manish Kumar Organizations: Hurricane, U.S, Middle, Federal Trade Commission, Justice Department's Antitrust, CNBC Locations: Florida, Middle District, Louisiana
VARANASI, India, April 26 (Reuters) - Murali Mohan Sastry is waiting peacefully for death on the banks of the Ganges River in India's northern city of Varanasi, revered by millions of Hindus. More than a decade ago, the 82-year-old former college teacher and his wife left behind comfortable lives in the southern city of Hyderabad. Now he hopes that by dying in Varanasi, he can break the tenuous cycle of death and rebirth, an article of faith for many Hindus, in order to attain salvation. "We invite death," Sastry said soon after chanting his dawn prayers while dipping fully clothed into the waters of the river three times. Still, the devout unable to breathe their last in the holy city can take solace from the Hindu belief that will come a step closer to salvation if their remains are cremated there.
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