Tag: 上海水磨会所

Wednesday 21 Jan #1 – Tour Diary

first_imgGive us a rundown of your day?Today was a relaxing day, where the team was able to sleep in and rest up until 2:30pm. We all gathered at this time for a team meeting to discuss and review what will be going on for the next few days, injury concerns and what needs to be done before game one on Friday. After the meeting we went to Waiwera Hot Springs to relax in the team environment.How is the team shaping up for the 2010 Trans Tasman?The team is looking very sharp and confident for the up coming Trans Tasman. Everyone is excited and looking forward to game one on Friday.What is the Atmosphere like in the team?The Team atmosphere is very special. The team has bonded like no other team I have played in. Being so close makes it easier for us to play together on the field.After a strong performance in the 2009 Trans Tasman series, what can we expect out of you this year?Personally I am just looking to play my role for the team which Bernie has given me. We also have a lot more set up attacking plays and looking forward to running them out on the field.Who is your most annoying team mate to room with? Explain?This is an easy question. Tony Eltakchi is easily the most annoying person to room with. He is always walking around in his g strings listening and dancing to his 1980’s music. My other 2 room mates, Ryan Pollock and Peter Norman are also very annoying.Touch Football Australia would like to thank Ben for answering some questions to give the Touch Football community back home an update of what has been happening on the Tour.last_img read more

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Time for change on harassment including on Parliament Hill minister

first_imgOTTAWA – There is nothing new about sexual harassment on Parliament Hill, says Employment Minister Patty Hajdu, but it is time to get serious about supporting its victims and stopping it from happening in the first place.“We talk a lot about getting women into politics and if we can’t actually protect the women staffers in our own workplaces, we have a long ways to go,” the Liberal minister said Monday after she opened the debate on proposed legislation to support safe federal workplaces.“This isn’t something that’s a brand new phenomenon,” she told a news conference. “What we’re saying is actually what women have been saying, which is ‘time’s up,’ that it’s time to take action, and that we have the tools to do so.”The legislation, introduced last fall, is aimed at giving workers and employers a clear course of action to better deal with allegations of bullying, harassment and sexual misconduct.Later Monday, MPs agreed with a motion tabled by NDP House leader Ruth Ellen Brosseau to fast-track the legislation, known as Bill C-65, sending it straight to the House of Commons human resources committee for further study.The proposed changes would merge separate labour standards for sexual harassment and violence, subjecting them to the same scrutiny and dispute resolution process, which could mean bringing in an outside investigator to review allegations.The proposed rules, which also apply to banks, transportation, telecommunications and other federally regulated industries, would enforce strict privacy rules to protect victims of harassment or violence.Once passed, the legislation would also allow anyone unhappy with how a dispute is being handled to complain to the labour minister, who could step in to investigate and order sanctions for employers.The new rules would also — for the first time — bring parliamentary staff under the protection of the Canada Labour Code.Staffers would also have access to a neutral third party to examine their complaints, so that they are not forced to rely upon the MP or senator who employs them, especially if that person is also the alleged abuser.That aspect of the legislation has taken on increased significance as the #MeToo movement has reached Parliament Hill, including allegations against Liberal MP Kent Hehr, who resigned from cabinet last week pending an investigation.Last week also saw Patrick Brown step down as leader of the Ontario Progressive Conservatives, months ahead of a provincial election, following a CTV News report that included an allegation of sexual misconduct stemming from his time as a Conservative MP.And then Monday, a report by Maclean’s magazine said the federal Conservative party was aware of an allegation of sexual assault against former Ontario MP Rick Dykstra, yet allowed him to remain on the ballot in the 2015 campaign.Dykstra, who left his post as president of the Ontario Progressive Conservatives over the weekend, has not returned a request for comment.The Liberals asked the opposition parties for the debate on Bill C-65 last week, before the allegations against Brown came to light.“It’s a culture where people who are victims of harassment or sexual violence do not feel safe to bring those complaints forward,” Hajdu said Monday in the House of Commons.Conservative MP Michelle Rempel responded with an impassioned speech on how what life can be like for women on the Hill, where many influential people, often with big egos, work long hours with others in precarious positions.She added that “for all the talk of feminism,” women at all levels are still used as “photo op props” and remain vulnerable to abuse.“We are still given hugs and cheek kisses that linger a bit too long,” she said. “To fit in, we still laugh at the lewd jokes and maybe even tell one ourselves, to be considered safe to socialize with and one of the boys.”She said women are shamed for standing up for themselves as well as for choosing to stay silent.“These things are used to control us, to demean us, and to silence us.”Rempel urged everyone who witnesses harassment to speak up, rather than forcing victims to do it themselves.“We cannot be bystanders any longer,” she said, calling on the government to require everyone — from volunteers and interns to MPs and ministers — to take training on how to prevent sexual harassment from happening in the first place.Of the report on how her own party handled allegations against Dykstra, she said: “Those people should be ashamed of themselves.”— Follow @smithjoanna on Twitterlast_img read more

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AIIMS imposes conditions for holding event doctors term order arbitrary illegal

first_imgNew Delhi: A section of AIIMS faculty members have termed as “arbitrary and illegal” the administration’s imposition of conditions for holding a session to discuss caste discrimination at institutes of higher learning, and said it was an attempt to curb their fundamental rights.The organisers have postponed the event, which was to be held on Monday, in protest and have also sought revocation of the terms. A group of doctors, belonging to the forum AIIMS Front for Social Consciousness, had decided to hold a discussion on the topic “Ambedkar’s views on Social Relations: Caste discrimination in Institutions of Higher Learning” and had written to the administration to book a lecture hall for the same. In its reply, the AIIMS registrar issued certain directions for the event to be conducted. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehicles”No society/forum/association has been allowed to host or participate in the event. No political discussions should be held. No press/media coverage should be done and no press release should be issued without specific approval of the Director AIIMS, as this is being held within the AIIMS premises,” the conditions stated. Professors from the Hindu college and the IIT-Delhi, besides some faculty members, were scheduled to participate in the event. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarThe response from the administration triggered a resentment among a section of doctors who termed it as an attempt to curb their fundamental rights and held a meeting with the director. In a communique to the AIIMS administration over their response, a senior doctor representing the group said the order was “arbitrary and illegal” by any parameter of democratic governance and that it prompted them to hold a meeting with the director over the proposed meeting. The faculty members said the director conveyed that after the election gets over on May 19, the conditions will cease to exist.last_img read more

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Back Problems Force Serena Williams To Withdraw from Rome

Tennis fans were disappointed this weekend when Serena Williams backed out of the Italian Open before her semifinal match. Clay has perennially been her worst surface. Williams said backing out was the best way to prevent any further injuries—just before the summer stretch of the French Open, Wimbledone and the U.S. Open—after she had been complaining about pains in her lower back.“I [felt] a little bit of ache and pain and don’t want to go out there and start compensating and eventually hurt something else,” Serena told reporters.Serena’s withdrawal means that Li Na, the reigning French Open champion, will automatically advance to the finals in Rome.According to Williams this isn’t the first time her back has been a problem since she began playing in the Italian Open. Earlier this week she was reported saying, “It was feeling a little stiff and I don’t think this is the right moment to force [it]. I just want to relax and get ready for the next few months.” The decision has put an end to Serena’s streak of 17 consecutive victories. According to ESPN, several other players are nursing injuries as well, but there is no word out yet on whether there will be more withdrawals from the Italian Open.“Everyone. I’m sooooo sad and sorry I had to pull out of what has become my favorite tournament in Rome,” Serena tweeted. “Everyone has become so nice here in Rome and the tournament director is amazing. I will be here next year for sure.”Li Na will go on to compete with Maria Sharapova, the defending champion of the Rome Final, or Angelique Kerber of Germany. read more

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DAngelo Russell and JaeSean Tate earn Big Ten postseason honors

The Ohio State men’s basketball team already dropped its final game of the regular season, but it raked in multiple individual awards Monday.Freshman guard D’Angelo Russell was named Big Ten Freshman of the Year as well as being named to the first-team All-Big Ten list by both coaches and media. Russell is the first Buckeye to win the conference Freshman of the Year award since Jared Sullinger in 2011.Russell also becomes the first Buckeye to be named first-team all-conference since DeShaun Thomas and Aaron Craft were both on the list in 2013.Russell finished his regular season campaign averaging 19.2 points per game, good for second in the Big Ten. He also led the Buckeyes in rebounds and was second on the team in assists.Joining Russell on the All-Big Ten freshman team is forward Jae’Sean Tate, who averaged 8.9 points per game this season, while ranking second on the team in total rebounds with 152.Tate earned the honors despite only starting 12 games this season after he stepped in for struggling sophomore forward Marc Loving six games into the Big Ten schedule. The Pickerington, Ohio, native averaged 10.7 points and five rebounds per game in conference play.In addition to Russell and Tate’s accolades, senior guard Shannon Scott and senior forward Sam Thompson were both honorable mention selections by the media.OSU is set to return to action on Thursday in Chicago in the second round of the Big Ten Tournament. The Buckeyes are scheduled to play the winner of the Minnesota vs. Rutgers matchup, which is set to be played Wednesday. read more

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Korea appoint former Portuguese coach as new coach

first_imgSouth Korea have appointed former Portugal national team coach Paulo Bento as their new coach. Bento has been appointed to become the South Korean men’s national team head coach.The Korea Football Association (KFA) made the announcement to the public at its headquarters in Seoul. Bento has signed a four-year deal with Korea that would see him take the national team to the next World Cup in Qatar in 2022.The 49-year-old has succeeded Shin Tae-yong who was in charge of the team at the just concluded FIFA World Cup in Russia. Shin wasn’t offered a new deal after his contract ran out at the end of the World Cup with the KFA looking to take the team in another direction.“After reviewing his plans, we believe Bento is a coach who can develop South Korean football if we can support and wait for him for four years,” Kim Pan-gon, the head of the Korea Football Association’s Technical Committee, told a press conference in Seoul on Friday, according to ESPN.South Korean fans will sue after Ronaldo snub Manuel R. Medina – July 30, 2019 Juventus star Cristiano Ronaldo did not play in the Bianconeri against K-League All-Stars last Friday and the supporters were angry.Kim admitted that Bento had not been on his original shortlist of three candidates which were reported to include former Japan boss Vahid Halilhodzic and Quique Sanchez Flores who has coached extensively in Spain.“While we were in negotiations with the others, we heard that Bento had become available. We were excited with his results at Euro 2012 and while there were problems at the 2014 World Cup, he had already proven his leadership qualities.”Kim also dismissed worries about Bento’s time in China.  “Even there, he improved and developed the team’s training. I have no worries at all about his ability.”last_img read more

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San Diego City Council to consider regulations for dockless scooters and bicycles

first_img April 23, 2019 Updated: 4:41 PM San Diego City Council to consider regulations for dockless scooters and bicycles Posted: April 23, 2019 KUSI Newsroom, center_img SAN DIEGO (KUSI) – The San Diego City Council will vote Tuesday on a regulatory package for dockless electric scooters, bicycles and the companies that own them.The package would limit the speed of dockless scooters from 15 mph to 8 mph in high-traffic areas areas like Spanish landing and near Petco park, and as low as 3 mph along the Embarcadero and the Martin Luther King Jr. Promenade.Scooter companies like Bird, Lime and Razor would be required to use geofencing technology on their scooters to limit speeds and parking abilities in designated areas around the city. Bird already uses geofencing to reduce scooter speeds in areas like the Santa Monica Beach Bike Path.Scooter riders would be banned from parking the devices near hospitals, schools, beach area boardwalks, the Petco Park perimeter and the north and south legs of the Embarcadero. The city also plans to designate scooter parking zones along city streets so as to decrease the number of scooters parked on sidewalks. In downtown, scooter riders and companies would only be able to park devices in groups of four, with at least 40 feet between groups.The city would also require that scooter companies obtain a six-month operational permit with a to-be-determined fee and pay $150 per scooter or bike each year to continue operating in San Diego. Companies could renew permits in January or June, at which time they could negotiate operating terms like fleet size, which they are not currently required to report to the city.The council’s Active Transportation and Infrastructure Committee unanimously approved the package in February and requested that it return to the committee within six months of its implementation for further review and to ensure the city is keeping pace with the evolution of technologies like geofencing.The council is scheduled to discuss and vote on the package at its 2 p.m. session. The council will meet in the City Administration Building’s 12th floor Council Chambers, located at 202 C St. KUSI Newsroom Categories: Local San Diego News, Politics FacebookTwitterlast_img read more

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Growth bite for pet industry

first_imgNew Delhi, Oct 21 (ANI): To own a pet especially a dog was once considered to be an elite affair. But today it has become crucial; from a big business tycoon to a celebrity and even a common man, everyone owns a pet. And it’s no surprise that this reason has made the pet food market boom in a very short period of time. According to estimates, the pet industry in India has revenue earning potential of 56.5 million USD, out of which, around 40.3 million USD is contributed only by pet foods. With franchising entering the pet domain, the industry has witnessed unprecedented growth. And this growth has also given the sector new concepts.last_img

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Spotify Founders to Sell Another 100 Million in Shares

first_img Popular on Variety Spotify’s founder Daniel Ek and Martin Lorentzon have signaled their intention to sell more shares in the company, according to the Swedish publication Di Digital, citing SEC filings registered Oct. 1 and 2 that were not available digitally at press time.When the most recent sale is completed, the pair will have sold approximately $221 million in stock of the company they founded in 2006.According to the report, Ek sold 336,213 shares $61.7 million worth of stock between July and September, and late last month signaled his intent to sell another $69.9 million sold in July–September for a total of $61.7 million.Lorentzon sold 317,800 shares between July and September for a total of $58.7 million, and in mid-September declared his intent to sell another 174,250 shares for $31.8 million. “Daniel will sell a small share of Spotify shares in the next nine months as part of his long-term financial strategy. This sale of shares will constitute a minimal part of his holding in the company,” Spotify rep Sofie Grant told the paper. Ek and Lorentzon declined comment.The pair still own a large percentage of the company: The sale decreases each of the founders’ total holdings in the company by approximately half a percentage point: Ek’s goes from 8.8% to 8.3%, while Lorentzon’s drops from 12.2 to 11.8. Lorentzon remains the company’s top shareholder and Ek its third, with Tencent, which acquired 10% of the company in a stock swap late last year, at No. 2center_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15last_img read more

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A5 closed following accident near M6

first_imgGet the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailThe A5 is closed in both directions between the M6 and Cannock following an accident this evening. Staffordshire Police are leading the response to the accident, between junction 12 of the motorway and the A4601, south of Cannock. It is unclear how many vehicles are involved in the accident, which is understood to have taken place at around 10pm. We do not have any information on whether anyone has been injured, but the road is expected to remain closed for several hours as a result of the accident. A Highways England spokesman said: “The A5 is closed in both directions, between the A4601, just south of Cannock and the M6 J12, due to a collision, led by Staffordshire Police. “Information from scene indicates that the A5 will remain closed for a few hours.” Read MoreFour roads closed due after road accident brings down power cables Motorists are advised to seek alternate routes for now. We will bring you more on this story as we get it.last_img read more

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Most British holidaymakers are intending to spend

first_imgMost British holidaymakers are intending to spend the same amount on their holiday this year as they did in 2008, a new survey has revealed.The poll, conducted by YouGov on behalf of Carnival UK, showed that 78 percent of British travellers were not planning on spending less money during this year’s trip.Almost a third said they were intending to spend more, indicating that the recession will not affect the amount of money people in Britain spend on their main holiday.David Dingle, Carnival UK’s chief executive officer, said: “The findings from YouGov have confirmed for us that there are still plenty of holidaymakers out there planning a holiday for 2009 despite the current economic situation.”Asked what they would be willing to give up in order to fund their two-week trip, holidaymakers said that pet food and savings were the only things that were more financially important.It was also revealed that travellers missed their own bed more than friends, family or pets while on holiday.A recent survey conducted by Visa and the Pacific Asia Travel Association revealed that British travellers were less likely to alter their holiday plans because of concerns about the economy. ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map RelatedMore Brits prepared to splash out while on holiday this yearOver a third of British holidaymakers travelling on flights abroad this summer intend to spend more money on their break.Scots are most likely to have large holiday budgets, survey revealsScots are most likely to have large holiday budgets, survey revealsMore Brits plan to stay with friends and family during their overseas holidayAlmost a third of Brits are intending to stay with friends and family during their holiday abroad.last_img read more

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The British designer is best known for dressing th

first_imgThe British designer is best known for dressing the Duchess of Cambridge and other high profile celebrities such as Angelina Jolie, Taylor Swift, Uma Thurman and Kate Hudson to name but a few.In 2013 she designed a bespoke gown for British Oscar-winning singer songwriter Adele at the 85th Academy Awards.Fashion Fest showcases the season’s biggest trends and cutting edge designs and is a must for fashion lovers from across the North West region.This year, the programme will focus on one major evening of style and glamour with the ‘Fashion Fest Show’ to take place in one of the city’s most iconic landmark buildings, the stunning Guildhall, for a night of high class fashion and entertainment. ShareTweet The Fashion Fest Show promises to be a night not to be missed where you can dress to impress and be part of a stylish celebration that will showcase the best in Irish fashion and design with high profile names yet to be announced and many surprises on the night.Tickets are priced at £15 (+booking fee) which includes a drink on arrival and an exclusive goody bag for all. Tickets are on sale now and we anticipate tickets to sell fast so make sure to secure yours as soon as possible to avoid disappointment.Also included as part of the Fashion Fest programme there will also be engagement opportunities for local businesses, a new ‘Face of Fashion Fest’ and a Designer Business Start-Up Programme, offering new designers the opportunity to be part of the Fashion Fest event and avail of business mentoring support to help them develop their business infrastructure and growth strategies.Speaking ahead of Fashion Fest, Mayor of Derry City and Strabane District Council Cllr Maolíosa McHugh said: “Derry City and Strabane District Council believes the Fashion Fest is a great way to celebrate its local and national talents by providing local gifted designers an opportunity to showcase their work to a large audience and get some profile.“We are particularly delighted to have designers of the calibre of Jenny Packham included in the programme this year.“The festival is also a great opportunity chance for fashion enthusiasts to view the upcoming trends and meet designers and I am confident this year’s event is going to be another huge success.”The Festival was first established by the Council to give established and emerging designers, fashion and beauty traders, students and fashion entrepreneurs a platform to promote their products and showcase their services and has gone from strength to strength.This year, the event is very much focused on product presentation and collection promotion and is expected to be yet another huge success.Louise Breslin, Business Manager at Derry City and Strabane District Council and involved in the organising of Fashion Fest says the event is getting more popular every year.She commented: “This event annually attracts a wide variety of established and up and coming talents within the industry to the city.“With one major event planned this year, this is an opportunity to get the date on your diary and spread the word out to new emerging designers who may be interested in taking part.“We are hugely excited to have Jenny Packham designs on display at the event. It’s a huge coup for the festival and further evidence of the success of the festival.“We will also be bringing together some of the biggest names in Irish design alongside local emerging artists to reveal on a grand stage, the latest trends in fashion and high end haute couture.”The Fashion Fest programme is currently being finalised with many more opportunities and events planned for retailers, designers, buyers and fashionistas that are expected to be announced in the coming weeks.To make sure you don’t miss out on any of the announcements and to purchase tickets visit www.derrystrabane.com/fashionfest or contact the Fashion Fest team on telephone: 028 7137 6506.Tickets are also on sale from the Guildhall Reception, Derry and The Alley Theatre, Strabane.FASHION FEST 2017 TO INCLUDE JENNY PACKHAM BRIDAL DESIGNS was last modified: September 7th, 2017 by John2John2 Tags: FASHION FEST 2017 TO INCLUDE JENNY PECKHAM BRIDAL DESIGNSFASHION FEST SHOWJENNY PACKHAM Fashion designer Jenny Packham’s bridal gowns to be displayed at Fashion Fest 2017DERRY City and Strabane District Council is delighted to announce that a selection of bridal gowns from British fashion designer Jenny Packham’s 2017/18 will be on display at this year’s Fashion Fest 2017.Announcing details of Fashion Fest 2017, the biggest Fashion event in the North West events calendar, Mayor of Derry City and Strabane District Council, Cllr Maolíosa McHugh confirmed that this year’s event is scheduled to take place on Saturday 14 October.Now in its fourth year, the Fashion Fest, organised by Derry City and Strabane District Council, has become synonymous with contemporary style and making the North West the premier fashion destination of Northern Ireland.The addition of bridal wear from Jenny Packham is a major coup for the Fashion Fest organisers and will be a real draw for fashion lovers and brides-to-be across the North West region.last_img read more

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Goldsmith Why I Work For Doug Casey Now—EyeOpeni

first_img Goldsmith: Why I Work For Doug Casey Now—Eye-Opening Report from Former Stansberry Director Sean Goldsmith recently left Stansberry to work alongside one of the most influential economists in the world today, Doug Casey. Goldsmith explains the full details here. Recommended Links The deals keep getting bigger…and one of the gravest financial warnings of 2015 keeps growing in relevance. Last month, legendary investor Carl Icahn publically warned that cheap money is fueling a bubble in dealmaking. Icahn said: …[W]hat [companies] do with the money is almost perverse. They just go in and buy another company to show analysts on Wall Street that earnings are going up, so their stock will go up and it’s financial engineering at its height. Icahn is known for buying huge stakes in “broken” companies…taking a seat on the board…and trying to turn the companies around. He knows more than almost anyone about buying companies. •  Last week, we were reminded of Icahn’s warning… On Thursday, pharmaceutical giant Pfizer (PFE) revealed plans to buy drugmaker Allergan PLC (AGN). Pfizer is the 12th-largest publicly-traded U.S. company. It’s worth $213 billion. Allergan is another huge drug company. It’s worth $123 billion. If the deal goes through, it would create the sixth-largest publicly-traded company in the U.S. The new company would dethrone Johnson & Johnson (JNJ) as the world’s largest healthcare company. Pfizer-Allergan would be biggest deal in a monster year for mergers and acquisitions. On Sunday, Financial Times said 2015 is shaping up to be the biggest year ever for global dealmaking: With close to $4tn worth of deals already announced this year, 2015 is on track to beat the all-time record of 2007, when the credit bubble helped generate $4.3tn worth of transactions. •  Pfizer has already made a big acquisition this year… In September, Pfizer completed its $15 billion purchase of pharmaceutical company Hospira. Pfizer’s management hopes these deals will help the company start growing again. Pfizer’s annual sales have declined, for the last four years, by an average of 6.5% per year. – The Fed’s Crazy Plan Zero percent interest rates have led to the largest amount of malinvestment in human history. How will the Fed’s historic monetary experiment end? And how will it affect you? To get Marc Faber’s insight into these questions and more, click here.center_img Regards, Justin Spittler Delray Beach, Florida November 2, 2015 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. If management’s track record is any indication, the acquisition of Allergan won’t create value for Pfizer’s shareholders. Since 2000, Pfizer has spent more than $235 billion buying other companies. However, Pfizer is only worth $213 billion today. Pfizer isn’t the only company in the healthcare sector making big deals. Last week, Financial Times reported global healthcare companies have announced $850 billion worth of deals this year. In July, health insurance company Anthem (ANTM) agreed to buy rival Cigna (CI) for $48.3 billion. The deal will create the nation’s largest health insurer. And last Tuesday, pharmacy chain Walgreens (WBA) bought rival Rite Aid (RAD) for $17 billion. It was a pricey acquisition…Walgreens paid more than a 50% premium to Rite Aid’s share price, and 21 times Rite Aid’s book value. •  Record low interest rates are driving the massive increase in dealmaking… During the 2008 financial crisis, the Federal Reserve dropped its key interest rate to effectively zero. The Fed has held rates near zero ever since. Seven years of zero percent rates have made it ridiculously cheap to borrow money. Many companies have used this as an opportunity to buy out competitors with borrowed money. According to the Securities Industry and Financial Markets Association, U.S. corporations borrowed a record of $1.2 trillion in the bond market through the first nine months of 2015. •  Buying a competitor can boost sales and profits… But Carl Icahn notes the “high” usually wears off quick. Last month, Icahn said buying a company with borrowed money was like “taking a drug.” It can cause sales and profits to jump, but the benefit usually only lasts a year or two. Icahn says U.S. companies are buying up rivals to goose their earnings numbers. He says this is masking major problems in corporate America. And the facts back up his claim… Last week, The Wall Street Journal explained how U.S. business investment has stalled since the financial crisis: Business investment in the real economy is weak. While U.S. gross domestic product rose 8.7% from late 2007 through 2014, gross private investment was a mere 4.3% higher. Growth in nonresidential fixed investment remains substantially lower than the last six post-recession expansions. Instead of investing to build their businesses, companies are taking a shortcut to growth by buying other companies. In July, Forbes reported that 54% of CEOs in the U.S. plan to complete an acquisition by the end of the year. •  Earnings growth has been sluggish… Earnings for companies in the S&P 500 have only grown 6.9% annually since 2011. That’s far less than during past economic expansions, according to The Wall Street Journal. Earnings grew 12.9% per year between 2003 and 2007. They grew at 11% per year between 1995 and 1999… As of Friday, 340 companies in the S&P 500 reported third-quarter results. So far, earnings have declined 2.2% from last year. We can’t know for sure until all the results are in, but it appears that earnings will decline overall this quarter. If that happens, research firm FactSet says it will be the first time since 2009 that earnings have declined two quarters in a row. If you’ve been listening to Icahn’s warnings, this bad earnings news shouldn’t be a surprise. Instead of investing in their businesses, companies are using cheap money and financial engineering to boost profits. That can work for a while. But once the “high” wears off, you’re left within shrinking profits and no growth. Chart of the Day Don’t buy into the “recovery” hype… Today’s chart shows the number of people enrolled in the U.S. federal food stamp program. As you might expect, the number of people on food stamps surged during the financial crisis. However, food stamp usage kept rising through 2013. More than forty million Americans are still on food stamps today, nearly double the pre-crisis number. This isn’t what a healthy, growing economy looks like. —last_img read more

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US Supreme Court Allows Part of Trumps Travel Ban to Take Effect

first_img Enroll Now for $5 Trump & Business Lydia Belanger The ban ‘may not be enforced against foreign nationals who have a credible claim of a bona fide relationship with a person or entity in the United States.’ Image credit: Eric Thayer / Stringer | Getty Images U.S. Supreme Court Allows Part of Trump’s Travel Ban to Take Effect Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful.center_img Add to Queue Next Article 4 min read –shares The Supreme Court ruled Monday to reinstate a limited version of President Donald Trump’s executive order, “Protecting the Nation from Foreign Terrorist Entry into the United States,” better known as the travel ban.It will go into effect on June 29 (72 hours after the Supreme Court’s ruling was issued), with the following exception: The ban “may not be enforced against foreign nationals who have a credible claim of a bona fide relationship with a person or entity in the United States,” according to the Supreme Court ruling. This ruling applies to tourists as well as students accepted into U.S. higher education institutions or employees of companies in the U.S. seeking new visas.The ban, which restricts foreign nationals from six Muslim-majority countries — Iran, Libya, Somalia, Sudan, Syria and Yemen — from entering the United States for a period of 90 days, as well as refugees from any country from entering the U.S. for 120 days, was blocked by federal circuit courts earlier this year prior to being implemented, on March 15. The block has been upheld by appeals courts. Judges in these courts cited insufficient evidence of national security risk, as well as discrimination against Muslims, in their rulings of the travel ban’s unconstitutionality.Today is the last day before the Supreme Court goes on summer break; the justices will reconvene on Oct. 2 and will hear full oral arguments for the case sometime after that. The Trump administration originally issued the 90-day ban on national security grounds and has stated it will perform an internal review of vetting procedures for visa applicants from the six countries specified during the 90-day period. The justices said they “fully expect” this review should be complete prior to Oct. 2, so the case may no longer be relevant by then.Some have expressed concern that the “credible claim of a bona fide relationship” language in the Supreme Court’s June 26 ruling leaves too much room for individual interpretation and discretion — including Justice Clarence Thomas. He wrote in his opinion that it will “burden executive officials with the task of deciding — on peril of contempt — whether individuals from the six affected nations who wish to enter the United States have a sufficient connection to a person or entity in this country.” He wrote that this will “invite a flood of litigation until this case is finally resolved.”It is yet to be seen how this will be uniformly enforced. The ruling states that, “as for entities, the relationship must be formal, documented, and formed in the ordinary course, rather than for the purpose of evading EO–2. … A worker who accepted an offer of employment from an American company or a lecturer invited to address an American audience [would have such a relationship with an American entity]. … A nonprofit group devoted to immigration issues may not contact foreign nationals from the designated countries, add them to client lists, and then secure their entry by claiming injury from their exclusion.”The executive order in question is the second of two executive order travel bans. The first, signed by President Trump on Jan. 27, included Iraq, specified preferential treatment for Christians and banned Syrian refugees indefinitely. It was stopped by a federal court on Feb. 3.Related: Trump’s Travel Ban: What Has Happened So FarIn March, Entrepreneur explored implications of the travel ban for business travelers and entrepreneurs. It caused uncertainty and inconvenience for individuals — even those who were permanent U.S. residents — during the period in which it was blocked by lower courts, as individuals and organizations were aware that the ban or another iteration of it might be instated at any time.Read: Trump Travel Ban, Even While Blocked, Casts Long Shadow Over Immigrant EntrepreneursRead: What Business Travelers Need to Know About Trump’s Travel Ba June 26, 2017last_img read more

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Yahoo Expected to Outline CostCutting Efforts

first_img Free Webinar | July 31: Secrets to Running a Successful Family Business 2 min read Reuters Next Article October 20, 2014 Yahoo Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan.Yahoo is considering acquiring one or more large technology startups with some of the $5.8 billion it made from the initial public offering of Alibaba Group Holding Ltd, the newspaper said.Representatives at Yahoo did not immediately respond to an email seeking comment outside regular U.S. business hours.Last month, activist investor Starboard Value LP publicly pressured Yahoo to cut what it referred to as a “bloated” cost structure.Starboard, the second activist investor to target Yahoo in the last three years, also said the company should quickly “monetize” its Asian assets, which exceed the enterprise value of its actual business.Earlier this month, Yahoo said it is reducing the size of its operations in Bangalore, India, the Internet company’s largest engineering facility outside its California headquarters. It is also closing its office in Jordan.Yahoo is “streamlining” its operations in foreign offices, which might involve a combination of closing offices, cutting jobs and moving workers to its Sunnyvale, California, headquarters, the Journal said.(Reporting by Supriya Kurane in Bangalore; Editing by Gopakumar Warrier) Register Now » Add to Queue This story originally appeared on Reuters –shares Cost Cutting Learn how to successfully navigate family business dynamics and build businesses that excel. Yahoo Expected to Outline Cost-Cutting Effortslast_img read more

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Cloudinary Brings Adobe Creative Cloud Connector for Dynamic Digital Experiences

first_img Adobe Creative CloudCLoudinarydigital asset managementDynamic Digital ExperiencesMarketing TechnologyNews Previous ArticleOracle Ushers in New Era of AnalyticsNext ArticleNeongecko Inc. Launches “Neon AI Nano HTML” to Add Conversational AI to Websites Integration Enables Cloudinary DAM and Adobe Creative Cloud Users to More Easily Deliver Engaging Campaigns and Dynamic Digital ExperiencesCloudinary announced that it is adding the Adobe Creative Cloud Connector to its suite of end-to-end media management integrations. The new connector enables Cloudinary Digital Asset Management (DAM) and Creative Cloud customers to streamline media workflows, allowing creative, marketing and development stakeholders to work seamlessly and more effectively across solutions, and more easily create and deliver dynamic media experiences. The Connector is currently in beta with customers and will be generally available this summer.“Our integration with Creative Cloud makes the entire media management process even more seamless, facilitating deep productivity improvements and improved workflows across teams.”Adobe Creative Cloud compromises Photoshop, Illustrator, InDesign and more, enabling users to manage everything from image compositing and photo editing to website design. The Cloudinary Creative Cloud Connector enables users to move media assets freely between both Cloudinary and Adobe platforms, and quickly and easily manipulate and transform those assets within a single source of truth for optimal delivery across browsers and mobile devices, no matter where customers are engaging.Marketing Technology News: Leading Associations Turn to ON24 for Member Engagement and Revenue Growth“The Cloudinary DAM solution enables brands to craft dynamic media experiences that support greater user engagement and improved bottom-line impact,” said Ariel Shiran, Senior Director of Product, Cloudinary. “Our integration with Creative Cloud makes the entire media management process even more seamless, facilitating deep productivity improvements and improved workflows across teams.”Marketing Technology News: Zeno Media and ADORA Cooperate on Strategic Marketing and Mobile App Content for Diaspora ListenersLater this week, Cloudinary will be at the Henry Stewart DAM Europe 2019 conference in London, June 27-28, demoing its recently enhanced DAM, which helps dozens of leading brands manage their media assets and workflows, including Apartment Therapy, Gymshark, Nintendo of Europe, StubHub and trivago.Marketing Technology News: Insite Software Announces Major New Enhancements for InsiteCommerce Cloudinary Brings Adobe Creative Cloud Connector for Dynamic Digital Experiences Business WireJune 26, 2019, 2:48 pmJune 26, 2019 last_img read more

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France to ban destroying unsold goods targeting Amazon luxury brands

first_imgFrance Prime Minister Edouard Philippe said that a ban on the destruction of unsold goods, which will affect online retailers like Amazon, would go into effect within four years France’s prime minister on Tuesday announced a crackdown on the destruction of unsold or returned consumer products, a move that will affect online retailers such as Amazon and luxury goods brands. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Citation: France to ban destroying unsold goods, targeting Amazon, luxury brands (2019, June 4) retrieved 17 July 2019 from https://phys.org/news/2019-06-france-unsold-goods-amazon-luxury.html Prime Minister Edouard Philippe said that a ban on destroying non-food goods—such as clothes, electrical items, hygiene products and cosmetics—would come into force within the next four years.The announcement came after Green parties surged across Europe in last month’s European elections, not least in France where the EELV party came third with 13.5 percent of the vote.According to the French premier’s office, over 650 million euros ($730 million) worth of new consumer products are thrown away or destroyed in France every year, five times more than donations of the same products.The measure would make it compulsory to hand in such products for re-use or recycling.”It is a waste that shocks, that is shocking to common sense. It’s a scandal,” said Philippe, as he launched the measure at a discount store in Paris.The measure is part of a draft bill on the economy which is due to be discussed by the cabinet in July. It would apply by between 2021-2023.France’s junior environment minister Brune Poirson promised a law to tackle waste in January after a television documentary showed Amazon destroying millions of products that had been returned by consumers.Based on hidden camera footage, the documentary on the M6 channel showed containers of unsold or returned products at an Amazon warehouse being sent for destruction under agreements signed between the online giant and third-party retailers.British fashion firm Burberry also caused a furore last year by acknowledging that it had burned unsold clothes, accessories and perfume worth £28.6 million ($35.5 million) annually to prevent them being sold off cheaply.The aim was to maintain the exclusivity and luxury mystique of the brand and it later became clear that the practice was relatively commonplace in the industry.The French PM’s office said special arrangements are anticipated for the luxury sector which would be encouraged to recycle the goods.This would avoid the risk of the copyright problems the luxury brands fear were the goods to be simply given away to third parties, an official at the French premier’s office said.Products which are not usable after a certain date would have exceptions.President Emmanuel Macron has sought to portray himself as a friend of the Green movement, especially in the fight against climate change.But his image was tarnished when prominent campaigner Nicolas Hulot, who Macron had named as environment minister, spectacularly quit the government last August, saying that his cabinet colleagues were doing too little to tackle climate change.center_img Self-destructive behaviour: Burberry not alone Explore further © 2019 AFPlast_img read more

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US Senator Schumer asks FBI FTC to probe Russias FaceApp over security

first_img(Reuters) – U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into FaceApp, a face-editing photo app developed in Russia, in a letter sent on Wednesday. FILE PHOTO: U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters after the weekly Democratic caucus luncheon at the U.S. Capitol in Washington, U.S. June 11, 2019. REUTERS/Jonathan Ernst/File PhotoThe viral smartphone application, which has seen a new surge of popularity due to a filter that ages photos of users’ faces, requires “full and irrevocable access to their personal photos and data,” which could pose “national security and privacy risks for millions of U.S. citizens,” Schumer said in his letter to FBI Director Christopher Wray and FTC Chairman Joe Simons. The Democratic National Committee also sent out an alert to the party’s 2020 presidential candidates on Wednesday warning them against using the app, pointing to its Russian provenance. In the email, seen by Reuters and first reported by CNN, DNC security chief Bob Lord also urged Democratic presidential campaigns to delete the app immediately if they or their staff had already used it. There is no evidence that FaceApp provides user data to the Russian government. Democrats have invested heavily in bolstering party cyber defenses after U.S. intelligence agencies determined that Russia used hacking as part of an effort to boost support for President Donald Trump’s 2016 election campaign. Russia has repeatedly denied those claims. FaceApp, which was developed by Wireless Lab, a company based in St. Petersburg, says on its website that it has over 80 million active users. Its CEO, Yaroslav Goncharov, used to be an executive at Yandex, widely known as “Russia’s Google.” The app, which was launched in 2017, made headlines in 2018 when it removed its ‘ethnicity filters’ after users condemned them as racist. More recently, it has faced scrutiny from the public over issues such as not clearly communicating that the app uploads images to the cloud rather than processing them locally on a user’s device. It is not clear how the artificial intelligence application retains the data of users or how users may ensure the deletion of their data after usage, Schumer said in the letter. Schumer said the photo editing app’s location in Russia raises questions about how FaceApp lets third parties, including foreign governments, have access to the data of American citizens. Read the letter: tmsnrt.rs/2NWuvJh In a statement cited by media outlets, FaceApp has denied selling or sharing user data with third parties. “99% of users don’t log in; therefore, we don’t have access to any data that could identify a person,” the company said in a statement cited by TechCrunch tcrn.ch/2xTXN0m, adding that most images are deleted from its servers within 48 hours of the upload date. While the company’s research and development team is located in Russia, the user data is not transferred to Russia, according to the statement. Reporting by Kanishka Singh in Bengaluru and Elizabeth Culliford in San Francisco; editing by Leslie Adler and Richard PullinOur Standards:The Thomson Reuters Trust Principles.last_img read more

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Three newborn kittens found dead with legs bound by rope among abandoned

first_imgThree newborn kittens were found dead with their legs bound by rope at a refuse collection point in a northern Hong Kong village on Friday, prompting a police investigation into animal cruelty.The trio were among a litter of five abandoned on Shek Tong Tsuen off Yau Shin Street in Yuen Long.One of the two surviving domestic shorthair cats, which were taken to the Wan Chai headquarters of the Society for the Prevention of Cruelty to Animals (SPCA) for treatment, later died. Views 09 May 2019 Call to curb animal cruelty timely Officers are investigating and no arrests have been made.Cheung found one of the surviving cats attempting to crawl out of a plastic bag at the bottom of a massive rubbish bin.“Inside the bag, there was another surviving kitten and three dead cats with their legs tied together with rope,” he said, adding that he believed the animals were found less than 12 hours after they were abandoned.Police hunt suspected poisoner after four dogs die and three fall illCheung, who is an animal-lover and keeps about 20 abandoned dogs at home in the same village, condemned the person behind the case of the kittens. “This gives the animals no chance to live,” he said.Officers were called in soon after 12.30am when Cheung made an emergency call.According to police, three dead cats were found at the scene and the two surviving animals were picked up by SPCA staff. Police are treating the case as cruelty to animals.An SPCA spokeswoman said one of the surviving cats later died at its Wan Chai headquarters.She said the dead bodies would be sent to the Agriculture, Fisheries and Conservation Department to determine the cause of death.It was the second report of animal cruelty in the city this week. On Wednesday, four of seven dogs suspected to have been poisoned died at a house in Tai Po Tin village off Ping Che Road, Ta Kwu Ling. The three surviving dogs were being treated at the SCPA headquarters.Three months ago, the carcasses of least 10 dogs and cats in various stages of decay were found in an animal shelter in the same district.Opinion: As a pet-loving city, Hong Kong should step up efforts against animal abuseOfficers also discovered nearly 100 malnourished animals in the shelter. Police arrested a 62-year-old man in charge of the site for animal cruelty.A spate of dog deaths last year led to more than 50,000 people petitioning the government to crack down on animal cruelty.At least nine dogs suspected to have been poisoned died in Tai Po and Fanling in a week in April last year. Six among the group died after their owners walked them at Wah Ming Estate in Fanling.In Hong Kong, cruelty to animals carries a maximum penalty of three years in jail and a fine of up to HK$200,000 (US$25,600).For the latest news from the South China Morning Post download our mobile app. Copyright 2019. Related News The case, reported by businessman Cheung Chi-yeung, 44, past midnight on Thursday after he heard the squeals of the kittens, was the second local incident of animal cruelty in a week. SCMP , News , Hong Kong , Law and Crime Tags / Keywords: Nation 22 May 2019 Miri launches major anti-animal cruelty campaign Related News Nation 23 May 2019 After 18 years, German expat still shocked by animal cruelty in S’wak {{category}} {{time}} {{title}}last_img read more

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