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Reports US

US stock market daily report (August 14, 2014, Thursday)

August 15, 2014, Friday, 03:46 GMT | 22:46 EST | 07:16 IST | 09:46 SGT
Contributed by Millennium Traders


In February 2014, Ray Rice - three-time Pro Bowl running back for the Baltimore Ravens - was handed a two-game suspension after he allegedly knocked his then-fiancée Janay Palmer unconscious. Rice was arrested for the incident on February 15, at an Atlantic City hotel. Video surfaced online showing Rice dragging an apparently unconscious Palmer out of an elevator. Rice, who is now married to Palmer, plead not guilty to a third-degree charge of aggravated assault and avoided trial by being accepted into an intervention program in May 2014.

The penalty Rice received from the National Football League created quite an uproar over the mildness of the penalty. NFL commissioner Roger Goodell was lambasted by fans and media all over the country over the Rice suspension. The NFL has faced extensive criticism over their mild reaction to domestic violence cases. The NFL is considering toughening the penalties for players involved in domestic violence cases. If implemented by the NFL, players involved in domestic violence cases could face a suspension of four to six games - without pay - for a first offense by a NFL play and the player could potentially face a season-long suspension for a second domestic violence incident.

On August 1 when Goodell was in Canton, Ohio, for the Hall of Fame ceremony, his comments about Rice's suspension included, "We have a very firm policy that domestic violence is not acceptable in the NFL. I think what's important here is Ray is taking responsibility. He's been accountable for his actions." Goodell added, "We can't just make up the discipline. It has to be consistent with other cases, and it was in this matter."

A person with knowledge of the NFL deliberations told the Washington Post, "We need to have stricter penalties. I think you will see that. I believe the commissioner and others would like to see stricter penalties. We need to be more vigilant."

Greg Aiello, NFL spokesman said, "We are always looking to evolve and improve our policies and programs on all issues." While the new policy has been discussed and is seriously under consideration, there's no guarantee that it will be implemented.