German version of HuffPost to shut down after 5 years

first_imgBERLIN — The German version of the news and views website HuffPost is shutting down after more than five years.German publisher BurdaForward said Friday that HuffPost Deutschland will cease operations on March 31. BurdaForward had licensed the German version of the site in 2013, running its news and revenue streams.The company said its partnership with HuffPost International “was always results-oriented and constructive” but the two sides have decided to end their co-operation “because the partners are now pursuing different business strategies.”The Associated Presslast_img read more

TSX Wall Street climb as ECB surprises with rate cut new stimulus

TORONTO — The Toronto stock market was slightly higher Thursday, as the European Central Bank announced it’s cutting its key interest rate and putting in place a new stimulus program to help rescue Europe’s weak economic recovery.The S&P/TSX composite index climbed 4.02 points to 15,661.65. The Canadian dollar rose 0.43 of a cent to 92.27 cents US, also finding support in the ECB announcement.The Dow Jones industrials gained 48.37 points to 17,126.65, while the Nasdaq jumped 15.58 points to 4,588.14. The S&P 500 index saw an uptick of 4.83 points to 2,005.55.The European Central Bank trimmed its benchmark interest rate to a low of 0.05% from a previous record low of 0.15%. ECB President Mario Draghi says the bank will start buying asset-backed securities and covered bonds in October.The efforts aim to make credit cheaper at a time when concerns continue to grow that the economy of the 18-country eurozone might go into reverse. It did not grow in the second quarter, raising fears of a triple-dip recession.Although it was a surprise move, the measures fall short of some expectations that an ECB stimulus program would have involved the purchase of government bonds, similar to what the U.S. Federal Reserve has done.The ECB also cut its growth forecast for 2014 to 0.9% from 1.0% previously. It lowered its inflation forecast for the year to 0.6% from 0.7%.On Wednesday, the Bank of Canada kept its key rate unchanged at one%, where it has been since September 2010, and showed no indication that it will hike rates until next year.In economic news, Statistics Canada reported higher-than-anticipated trade surplus. The agency reported that Canada’s merchandise exports grew by 1.4% in July, while imports edged down 0.3%.This raised the country’s trade surplus with the world to $2.6 billion from $1.8 billion in June. Economists had expected a surplus of about $1.2 billion, according to Thomson Reuters. In the U.S, the Labor Department says slightly more Americans sought unemployment benefits last week, but the total number of people receiving jobless aid remains at its lowest level in more than seven years.Applications for jobless aid rose 4,000 to a seasonally adjusted 302,000. The four-week average, a less volatile measure, increased 3,000 to a still-low 299,750. A steady decline over the summer in applications means that 2.46 million people collected benefits last week, the lowest total since June 2007, a few months before the Great Recession began.U.S. figures for August will be released on Friday, as well as the latest Canadian jobs data.On the corporate front, Manulife Financial Corp. announced after markets closed on Wednesday that it’s buying the Canadian operations of Standard Life for $4 billion in cash. Manulife said the acquisition will boost its presence in Quebec, which it has underserved in the past. Its shares dipped more than one%, or 24 cents, to $22.13 on the Toronto Stock Exchange.Meanwhile, in commodities, the December crude contract was down 41 cents to US$95.13 a barrel, while December bullion was up $2.70 to US$1,273  an ounce. December copper was jumped four cents to $3.15. read more

Trump hotel keeps liquor license despite character complaint

WASHINGTON — The Washington Alcoholic Beverage Control Board has dismissed a request to review whether the local Trump International Hotel should lose its liquor license over its owner’s character.The agency ruled Wednesday that the complaint by three ministers, two retired judges and two rabbis lacked standing because most of them didn’t live in or own property in the District. The Washington Post reports this is the second time the complainants pushed for the revocation of the hotel’s liquor license over a District law that says license applicants must be of “good character.”The initial complaint filed last summer says President Donald Trump violates that law, citing assault allegations and patterns of deception. It was killed because the license had already been granted. The second complaint was prompted by the license’s renewal.___Information from: The Washington Post, http://www.washingtonpost.comThe Associated Press read more

Obesity drugmaker Vivus agrees to settlement with First Manhattan Zook expected to

by The Associated Press Posted Jul 19, 2013 6:33 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Obesity drugmaker Vivus agrees to settlement with First Manhattan; Zook expected to become CEO NEW YORK, N.Y. – Obesity drugmaker Vivus has agreed to a settlement with its biggest shareholder, which has been fighting for greater control of the company. A long-time drug executive backed by the shareholder will become CEO and the board will be reconfigured.First Manhattan Co. — which owns 9.9 per cent of Vivus’ outstanding stock — was waging a proxy fight with Vivus Inc. and said it was in position to win when Vivus adjourned voting on a slate of new directors.The shareholder sued Vivus earlier this week, as it tried to stop the drugmaker and its representatives from soliciting proxies or votes for the company’s annual shareholder meeting. The investment firm also wanted the court to certify disputed results of the election of Vivus’ directors, and to stop the Mountain View, Calif., company’s current directors from taking any further action on behalf of Vivus.As part of the settlement, Anthony Zook — who previously worked at AstraZeneca and has the support of First Manhattan — is expected to be named Vivus’ new CEO. Zook was president of MedImmune Inc. before MedImmune was acquired by AstraZeneca, and he was head of global commercial operations for AstraZeneca PLC until February.Zook would succeed Leland Wilson, who has served as CEO and a director of Vivus since 1991. Wilson has agreed to serve as an adviser to help with the transition process.Vivus’ board will also expand from nine to 11 members. Four directors are resigning, and First Manhattan’s six nominees will join the board. Among those resigning from the Vivus board are Charles Casamento Ernest Mario, Linda Shortliffe, Peter Tam and Wilson. First Manhattan’s six nominees include Michael James Astrue, Samuel Colin, Alexander Denner, Johannes Kastelein, David York Norton and Herman Rosenman.The lawsuit First Manhattan filed in the Court of Chancery in the State of Delaware was just the latest action in a dispute that started in March. First Manhattan had criticized Vivus over its weight loss drug Qsymia, saying that the launch was unsuccessful. It initially wanted to replace Vivus’ entire board and said that Vivus should change its U.S. business strategy and work to get Qsymia approved in Europe.Vivus adjourned its annual shareholders meeting Thursday. It expects to hold the meeting no later than 30 days from July 15. read more

Human rights under attack no longer a priority a pariah – UN

In a hard-hitting speech marking the 25th anniversary of the World Conference on Human Rights that underscored the “universal, indivisible, interdependent and interrelated” nature of human rights, UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein, said that a quarter century on, the world seemed instead to be “headed in another direction.”At the 1993 Conference, 171 States adopted the Vienna Declaration and Programme of Action, to strengthen human rights around the world. It was widely viewed as the blueprint for rights in the post-Cold-War era.The conference also set in motion the establishment of the UN human rights office, or OHCHR, which Mr. Zeid now heads.Addressing the conference on Tuesday, he said there was a drift “backwards, to an era when racists and xenophobes deliberately enflamed hatred and discrimination among the public, while carefully cloaking themselves in the guise of democracy and the rule of law.”He cautioned that particularly in Europe, ethno-populist parties are on the rise in many countries, fuelling hatred and division. Once in power, these parties were deliberately spreading “distorted and false views” of migrants and human rights activists.“Almost everywhere, across Europe the hatred they direct at migrants has infiltrated the mainstream parties and skewed the political landscape towards greater violence and suffering,” said Mr. Zeid.Today is not a time for ‘soporific complacency’Noting the threats against human rights around the world, which were no longer treated as “a priority” but instead as “a pariah,” he called on everyone to stand up for what the Vienna Declaration really represents.“We need to use this anniversary to begin to mobilize a much broader community to defend human rights with our fierce, and passionate commitment,” said Mr. Zeid stressing the need to make clear “the vital, life-saving importance of human rights for the daily lives and global future of our fellow human beings.”“There is no time to lose. Let this be a turning point, so that the Vienna Declaration can stand proud – not as a decaying museum piece, but as the flag-bearer for a resurgent movement to build peace and progress,” he said. read more

Spring Equinox 2018 The science behind the changing seasons

first_imgBritons may still be feeling the cold, but not for much longer as today is the astronomical beginning of spring, marking the start of longer days, new blooms and warmer weather. Credit: Dan Kitwood/Getty Images Officially called the Vernal or Spring Equinox, spring officially begins today, Wednesday, March 20, in the Northern Hemisphere, and will continue all the way until Friday, June… The March equinox (called the autumnal equinox in the Southern Hemisphere) has long been celebrated as a time of rebirth in the Northern Hemisphere. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. When is the first day of spring? A Great Tit collects cherry blossom for nesting in Hyde Park on April 6, 2018 in London, England. A Great Tit collects cherry blossom for nesting in Hyde Park, London, last spring. Spring-time festivals and holidays such as Easter and Passover are the main celebrations across many cultures as the path of the Sun aligns with the Earth’s equator. last_img read more

Sir Philip Green The crumbling empire of the man who once had

Philip Green was a modern day monarch. With his slicked back hair and perma-tan, his yacht and his private jet, he was for more than a decade the swaggering, strutting king of the high street. The man who once had the Midas touch – in 2005 he was Britain’s fifth richest man and his wife Tina the wealthiest woman – is presiding over an empire crumbling through his fingers. Problems have been brewing. In 2010, when he took up Mr Cameron’s offer to be his ‘efficiency adviser’, activists… Tony Blair gave him a knighthood for services to the retail industry and David Cameron gave him a job reviewing government spending and procurement. A decade on the sheen has come off Sir Philip’s expensive shiny suits. read more

MiWadi Cheesestrings and Keelings bag Bord Bia awards

first_imgSuccess at Home Award – Britvic Ireland for MiWadi. It’s the number one dilute brand in Ireland with 41 per cent yearly average market value share.Sustainability Award – Dawn Meats. The Waterford based meat exporter is working to reduce water use by 40 per cent, reduce energy consumption by 40 per cent and to reduce its direct carbon footprint by 50 per cent. Barry Murphy and Amy Pettitt from Paganini, winners of the Innovation Award category for FitFuel (Gary O’ Neill). Pat Whelan of James Whelan Butchers (Image: Gary O’Neill).The Online Champion Award went to Pat Whelan of James Whelan Butchers for Ireland’s first online butcher and ABP Ireland was honoured wit the Business Referral Award in recognition of their co-cooperation efforts. Branding Award – Keelings. The family owned fresh produce business started producing fruits and salads in the 1930’s and today the company employs approximately 2,000 people and has a turnover of €300 million per year. The Keelings brand, with its strapline “Love to Grow”, was launched into the produce category in 2010 and has become the most recognised brand for fruit and vegetables in Irish supermarkets.Entrepreneurial Award – Irish Atlantic Salt. The O’Neill family developed this range of organic, gourmet Irish sea salt products, using the highest quality waters around the Beara Peninsula to create the only Irish-made white sea salt product available. By 2015, the company hopes export market revenues will represent 80 per cent of total revenues.Consumer Insight Award – Kerry Foods for Cheesestrings. The brand is worth approximately €90 million, and available in over 25,000 stores around the world. Bord Bia said the judges were particularly impressed by the detailed consumer research undertaken by Kerry in advance of entering the German market. Export Award – Glenmar Shellfish. Based in Union Hall, Co. Cork and established over 30 years ago, Glenmar is currently exporting over 2,000 tonnes of shellfish each year to markets such as China, Hong Kong, Korea, Italy, Spain, France and Croatia.Innovation Award – Paganini for FitFuel. FitFuel is a protein enriched ice cream range used by both athletes and healthcare professionals to boost the protein intake of patients. The company was founded Wexford dairy farmer, Tomas Murphy in 1990. Niall Browne, Chief Executive and Charlie Coakley, Environmental Sustainability Manager, Dawn Meats (Image: Gary O’Neill). NINE IRISH FOOD companies have been honoured at the Bord Bia  Food and Drink Awards tonight, designed to reward excellence within the industry.The awards, which took place in the Royal Hospital Kilmainham, are held every two years and recognise the achievements of companies across seven categories. More than 250 industry representatives gathered for the event including the CEOs from some of Ireland’s leading food and drink companies.The awards are open to all food and drink products manufactured in Ireland and this year Bord Bia received in excess of 140 entries.So without further ado, here are the winners:last_img read more

OBITUARY Peter G Anderson 68

first_imgWILMINGTON, MA — Peter G. Anderson, age 68, of Wilmington, passed away unexpectedly on May 16, 2019.Peter was the beloved husband of Louise E. (Birkle) Anderson, devoted father of Gregory Anderson of Rocky Hill, CT and Jennifer Contrada & her husband Jonathan of Wilmington, loving “Pop Pop” of Cailin, Kylie, Parker and Chace, cherished son of the late Gordon and Ethel (Kerr) Anderson, dear brother of Jeffrey Anderson & his wife Diane of Rockland, Bradley Anderson & his wife Karen of North Hills, CA and Christopher Anderson & his wife Jennifer of Gilford, NH. Peter is survived by his sister-in-law Ruth Gronemeyer of Wilmington, as well as many loving nieces and nephews.Family and friends will gather for a Funeral Mass at St. Thomas of Villanova Church, 126 Middlesex Ave., Wilmington on Wednesday, May 22nd at 10:00 a.m. Visiting Hours will be held at Nichols Funeral Home, Inc., 187 Middlesex Ave., (Rte. 62), WILMINGTON on Tuesday, May 21st from 4:00-7:00 p.m.Memorial donations in Peter’s name may be made to the American Lung Association, 55 W. Wacker Drive, Suite 1150, Chicago, IL 60601.Peter Anderson(NOTE: The above obituary is from Nichols Funeral Home.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email this:TwitterFacebookLike this:Like Loading… RelatedOBITUARY: Morris “Moe” Anderson, 68In “Obituaries”OBITUARY: Stephen J. Bowker, 58In “Obituaries”OBITUARY: Maureen F. (McKenna) McHugh, 80In “Obituaries”last_img read more

Bullock Runs for District 9 Council Seat

first_imgJohn T. Bullock is running for the District 9 Council Seat. (Courtesy Photo)New blood is finally circulating in Baltimore’s District 9.  Democratic candidate John T. Bullock is poised to deliver a major transfusion of new leadership to a district that has struggled both politically and economically in recent decades.  Bullock said he hopes to restore hope to a community that he says has lost faith in government.“Hitting the ground and looking around I see one of the biggest challenges is service delivery. I learned while working in government that returning phone calls, coming to meetings, following up are some of the most important things,” he said. “Lack of attention to basic services by the city started to become evident in the physical environment within the community.”“You can see places where trash is dumped consistently, places where there has not been repaving of streets. I am a transportation guy so I think about that,” he continued. “Trash in alleys. You may think it’s a small thing but it’s not. You can go back to the AFRO clean block campaign and things that were done in the past about taking pride in the community.”He said when those things are gone and no one returns your phone calls from City Hall, that’s a problem.”District 9 embodies the paradox of expectation and despair. Music, culture and art still resonate in the community that was the childhood home of jazz and ragtime artist Eubie Blake. The promise of the future looms with the University of Maryland’s Biopark, funded in part through a $17.5 million TIF subsidy (Targeted Incremental Fund) approved by the City Council in January. But the district is also home to communities where the merger of poverty and municipal neglect have taken their toll in the Rosemont, Sandtown, Harlem Park and Poppleton areas.Bullock understands that the litter lining the streets of many of District 9’s neighborhoods must be addressed immediately. He heard this concern raised repeatedly during the year he and his team knocked on doors throughout the community while campaigning.  He said it is a concern he heard while earning his community stripes as a leader of the Evergreen Protective Community Association.The other, more long range priority, is removing the blight and abandoned properties scattered throughout the district that create an eyesore for neighbors and attract a host of other problems.  “You have vacant housing. You have lots that are overgrown, weeds that are not cut. You have trash and rats. Eradicating that; means I’m working with our city agencies to be responsive,” Bullock said. “I know my job as councilman is to follow-up with those agencies. What happened over the years is that people have lost trust in government. They say, why should I call if no one is going to come.”Ashley Valis, executive director of Strategic Initiatives and Community Engagement at the University of Maryland at Baltimore said that the campus is looking forward to collaborating with Bullock. “Mr. Bullock has already met with our President Dr. Jay Perman. We expect that through his office, we will be able to engage and serve more residents in need. Additionally, we hope to work with him to help support community redevelopment projects in Southwest and West Baltimore, particularly revitalization projects along the West Baltimore Street commercial corridor that extends west of our UM Biopark campus” she said.Bullock said his deep commitment to the community was nurtured by his West Philadelphia upbringing. “It was me going to Catholic school that has a lot to do with my walk.   I am a faith driven person but also the social justice teachings of the church. The influence of Black Catholics has been pivotal,” Bullock said.Both Philadelphia and Baltimore have sizeable contingents of Black Catholics.  Baltimore’s history as a haven for Black Catholics began in 1863, when St. Francis Xavier Parish in East Baltimore was founded as the first official Black Catholic parish in the United States, according to the Archdiocese of Baltimore.Bullock, his wife and two sons Thomas and George, attend St. Edwards Church, where Bullock serves as president of the Parish Council.  He said he imagines a different future right outside of the church doors.“I looked at what that community was like before. Today, you can look outside of that church and see trash and vacant housing. It seems like a lost community in many ways,” Bullock said.Current 9th District City Council Member William “Pete” Welch also attends the church.  Bullock said that it was “heartbreaking” to see property next to the church exist in such poor conditions.Bullock is a first generation college student. “My freshman year, one of my professors said ‘you can get a PhD.’ I’ve never met anyone with a PhD, much less a Black man with a Ph.D. They planted that seed and it came to fruition,” Bullock said. He went on to earn his doctorate in Government and Politics from the University of Maryland, College Park (UMCP).Bullock said that he looks forward to giving back to the community elders who have given him “so much” since he called the 9th district home.As for the youth, Bullock said he knows what it feels like to imagine more for your community. “I grew up in a neighborhood where folks had limited opportunities. I saw family and friends involved in addiction, unemployment and incarceration. I always wondered why my neighborhood looked the way that it did. In many ways West Philadelphia is like West Baltimore,” he said.A year from November, Bullock said success will look like a drive through the cleaner neighborhoods in District 9 and residents who have faith in their councilman. “I want to walk down the street and hear people see say ‘he’s around – he’s showing up.’last_img read more

Mixed reality racing setup demonstrates how good virtual reality can be

first_imgVirtual reality sounds great on paper, but in reality it’s hard to experience without actually experiencing it first hand with all the kit. If you want to show off a game, you throw a gameplay video up on YouTube. Doing the same for virtual reality experiences is tough, because you can’t show people the experience easily. There may an a solution, though, and it comes in the form of a green screen.The technique is called chroma key composting and has been used extensively in movies. You record some action in front of a green screen and then add a second layer of video over the green background in post production.Marcel Pfister has used this technique to demonstrate the experience of playing a racing game while wearing an Oculus Rift DK2. It’s the best example I have seen of the virtual reality experience without actually wearing the kit.While we can see the racing wheel and gloves in the video, Pfister cannot. He sees the equivalent, but the in-game version. For the viewer, though, it shows us something we haven’t really seen before: how reality and virtual reality can interact to create the final experience. It also makes VR racing look extremely fun.I suspect this mixed reality recording will become a popular way to show off virtual reality games and experiences. Pfister’s setup is pretty simple, so putting this in the hands of a publisher with a healthy marketing budget we should expect some great videos that make us all want to run out and buy a headset.last_img read more

A Flying Food Tray That Follows You Wherever You Go Sure Why

first_img Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Besides our mutual love for the Red Sox, apparently I share something else in common with the team’s star slugger David Ortiz: we both want snacks wherever we go with minimal effort.Enter the JerkyBot, a drone turned flying food tray. It’s autonomous. It’s hands-free. It’s ridiculous.Check out the video above to see it in action.Related: Check Out Bubba Watson’s Crazy Golf Cart JetpackThe JerkyBot is “part butcher block, part drone, and programmed to follow its user at a specific distance and height, keeping the snack within arm’s reach,” the video explains. The drone’s propellers are covered, so there’s no danger of getting a finger chopped off while casually reaching for a snack. That’s a good thing.While you might think the JerkyBot is the best real-world application of drone technology you’ve seen yet, don’t get too excited: JerkyBot is actually a clever ad for Chef’s Cut Real Jerky. Ortiz (better known as Big Papi) is one of the company’s athlete partners.You had me at flying jerky. Register Now » 1 min readcenter_img Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. September 13, 2016last_img read more

2020 Chevrolet Corvette Gets Boses Most Powerful Audio System

first_img ⓒ 2018 All rights reserved. Do not reproduce without permission. All Bestseller Wow facts 4Share this videoCopyPausePlay00:00% Buffered0PreviousPausePlayNextLive00:00 / 00:00UnmuteMuteExit fullscreenFullscreenCopy video urlPlay / PauseMute / UnmuteReport a problemLanguageBackMox PlayerDefaultEnglishEspañolУкраїнськаРусскийadvertisement”The new Corvette Stingray is phenomenal, and it delivers a special kind of experience that doesn’t happen very often. So, getting every detail just right is critically important — and that includes audio,” said Bose Chief Audio Engineer Tobe Barksdale.Barksdale pointed out that the next-generation Corvette is already capable of delivering a unique sound, courtesy of its V8 engine. The music from the C8’s custom-engineered Bose Performance system will bring a “moving emotion” to the mix that fans expect from such a legendary car.Bose’s Mega-Powerful AudioThe C8 Corvette audio system will feature a dash panel fitted with several 2.5-inch and 3.25-inch neodymium speakers. It will also have 4-inch neodymium wide-range speakers and 1-inch neodymium tweeters hidden behind a metal cover.Meanwhile, the rear side of the cabin will have 3.25-inch neodymium drivers and 5.25-inch neodymium wide-range speakers, some of which will be tucked away between the passenger seats. These will be covered in a metal surface that has the iconic Corvette logo emblazoned on it.Giving the compact C8 a powerful Bose Performance Series was not easy for audio engineers. Larger vehicles would often have dedicated bass boxes to handle the blasts of music from such a monster audio system.However, Chevrolet’s team found the solution by placing 10-inch Bose Nd woofers in the inner spaces of each car door to take advantage of the cabin’s low frequencies. Instead of covering the bass speakers with the typical metal grille, they will be placed behind padded surfaces to protect passengers’ legs from powerful sound blasts while driving. The designers believe this will also help increase the sound system’s durability in the long run.Audio engineers also had to factor in the C8 Corvette’s removable hardtop and tendency for rapid acceleration in developing an acoustic environment for the car. They solved this by adding a digital amplifier with customizable equalization channels to give the Stingray’s cabin with high-quality music.C8 Corvette’s ReleaseWhile Chevrolet has yet to announce an official roll out date for the C8, it is likely that the new Corvette will hit the market by the end of the year. Observers expect the mid-engine sports car to cost around $62,000. TAG Corvette, Chevrolet, 2020 C8 Corvette, Bose, car speakers AllVideo On Demand: Rent or BuyClothing & AccessoriesMajor AppliancesArts, Crafts & SewingAutomotiveBaby & NurseryBeauty & GroomingBooks & TextbooksCollectible CoinsCamera & PhotoCell Phones & AccessoriesClassical MusicComputers, Tablets & ComponentsBlu-Ray & DVDElectronic Components & Home AudioEntertainment CollectiblesVideo GamesOther Gift Card BrandsGrocery & Gourmet FoodPatio, Lawn & GardenHealth & HouseholdBusiness & Industrial SuppliesJewelryKindle StoreKitchen & DiningMagazinesMiscellaneousDigital MusicCDs & VinylMusical InstrumentsOffice & School SuppliesPet Food & SuppliesPatio, Lawn & GardenShoes, Handbags, Wallets, SunglassesSoftwareSports CollectiblesSports & FitnessHome ImprovementToys & GamesVHSVideo GamesWatches DEAL OF THE DAY ENDS IN Close Chevrolet and Bose are teaming up to give the new 2020 C8 Corvette the loudest yet clearest audio system available. The upcoming halo car will have 14 high-quality speakers that are part of Bose Performance Series system.   ( Chevrolet ) Chevrolet is going all-in with the upcoming 2020 C8 Corvette, fitting the halo car with Bose’s most powerful audio system to date.The American carmaker announced that the eighth-generation Stingray Corvette will feature the Bose Performance system as a way to set the “new standard for sports car sound.” The speaker system boasts of state-of-the-art signal processing and tuning capable of delivering the loudest yet clearest audio experience.Adding the Bose Performance Series to the C8 Stingray continues the long-standing partnership between Chevrolet and consumer electronics manufacturer that began with the fourth-generation Corvette in 1984. Search Ads by Amazon Ads by Amazonlast_img read more

Moscow US denial of bail to Russians unfair

first_img 4 ways to protect your company from cyber breaches Early signs of cataracts in your parents and how to help Sponsored Stories A Houston judge last week ordered Alexander Fishenko, owner of Houston-based Arc Electronics Inc., and two other defendants to federal custody in Brooklyn, New York, where they will face charges on Oct. 18.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Arizona families, Arizona farms: A legacy of tradition embracing animal care and comfort through modern technology Comments   Share   Former Arizona Rep. Don Shooter shows health improvementcenter_img Mary Coyle ice cream to reopen in central Phoenix Bottoms up! Enjoy a cold one for International Beer Day MOSCOW (AP) – Russia’s Foreign Ministry has deplored a U.S. judge’s decision to deny bail to Russian citizens accused of conspiring to illicitly sell advanced technology to Russia.Ministry spokeswoman Maria Zakharova said the judge’s refusal to grant bail to the detained Russian citizens was based on “far-fetched reasons” and called the verdict “unfair.”She said Friday that Russian diplomats and defense attorneys will seek to overturn the ruling and demand an end to “the psychological and moral pressure being applied on the detained Russians to force them to `voluntarily’ admit their guilt.” Top Stories Construction begins on Chandler hospital expansion projectlast_img

Police arrest Kuwaiti national others for mosque bombing

first_imgKUWAIT CITY (AP) — Police have arrested a number of people, among them a Kuwaiti citizen, suspected of being behind a suicide bombing at a Shiite mosque that killed 27 people, Kuwait’s Interior Ministry said early Sunday.The announcement came just hours after thousands of people took part in a mass funeral procession on Saturday for those killed in the country’s first terror attack in more than two decades. Comments   Share   Top Stories Sponsored Stories Mesa family survives lightning strike to home Arizona families, Arizona farms: providing the local community with responsibly produced dairy An upstart local affiliate of the Islamic State group, calling itself the Najd Province, claimed responsibility for the bombing, which took place during midday Friday prayers inside one of Kuwait’s oldest Shiite mosques. The IS group views Shiites as heretics and is fighting Iranian-backed Shiite militias in Iraq and Syria.The Interior Ministry said in its statement that one of the suspects arrested is a Kuwaiti man who was using his home as hideout for the others. Police said another suspect is a 25-year-old from Kuwait’s “bidoon” community, which is largely made up of descendants of desert nomads considered stateless by the government. They have long claimed the government is depriving them of citizenship and rights.The arrests highlight the threat posed to Western-allied monarchies in the Gulf from young locals lured to the IS group’s extremist ideology and its call for supporters to carry out homegrown attacks.Police did not say how many suspects have been arrested. The government-linked Al-Jarida newspaper reported that seven suspects had been detained overnight.The suicide bombing has rattled Kuwait, known for its relative wealth and stability. Not all those killed in the bombing were buried in Kuwait. Some were sent to be buried in Najaf, Iraq at a Shiite holy site that is believed to be blessed. Iran’s Foreign Ministry said three Iranians were among the people killed in the attack.Within hours of the attack, Kuwait’s ruler Emir Sabah Al-Ahmad Al-Sabah, who is in his mid-80s, visited the site of the bombing. The government also declared that the country’s main Sunni mosque, the Grand Mosque, would be open for mourners to pay their respects over the next three days.Despite a heavy police presence at the funeral, volunteers set up their own checkpoint at the gate of the cemetery to search men. The funeral was attended by several politicians, including the country’s parliament speaker, Marzouq Al-Ghanim.“The unity of the people of our country is incredible,” he said at the funeral. “If you look around you will see Sunnis and Shiites, Kuwaitis and non-Kuwaitis, all present to give their condolences to the families of the victims.”Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.center_img Sunni groups in Kuwait and leaders from across the Middle East strongly condemned the attack, which Gulf officials say was aimed at provoking a backlash from Shiites and sparking sectarian war. More than a third of Kuwait’s 1.2 million citizens are believed to be Shiite. The majority of Kuwaitis are Sunni Muslims, though Shiite Muslims hold seats in Kuwait’s elected parliament and Cabinet posts.Braving the hot summer temperatures, mourners from as far as eastern Saudi Arabia and Bahrain attended Saturday’s funeral and carried the Kuwaiti flag; others carried a simple black flag to signify mourning. Some in the crowd chanted, “Sunnis and Shiites are brothers!”Every so often they chanted “Allahu Akbar,” which means “God is Great” in Arabic.Women ululated to praise those who had been killed during prayer and in the holy Muslim month of Ramadan, now in its second week, claiming they died as martyrs. They threw rose petals at the bodies, which were shrouded in the Kuwaiti flag.A mother and her two young daughters passed out flower wreaths to place on the graves. To help people keep cool, a young man was seen misting people’s faces with water. Still, paramedics were on hand to assist those who fainted from the heat as temperatures reached 107 degrees Fahrenheit (42 degrees Celsius). Clean energy: Why it matters for Arizona Here’s how to repair and patch damaged drywall Ex-FBI agent details raid on Phoenix body donation facility New Valley school lets students pick career-path academies The difference between men and women when it comes to painlast_img read more

A Big Win for BOA in Hustle Case

first_imgThe U.S. Second Circuit Court of Appeals has overturned a $1.27 billion penalty imposed on Bank of America over the alleged misrepresentation of mortgage-backed securities sold by Countrywide Financial Corp. to the GSEs through a program known as the High Speed Swim Lane (HSSL, commonly known as “Hustle”).The appellate court overturned the verdict because the proof was insufficient under federal fraud statutes to hold the bank liable in connection with Countrywide’s Hustle program.The court’s ruling stated that the government “needed to show false or misleading statements made with fraudulent intent,” but instead, “Critically, the government presented no proof at trial that any quality guarantee was made with fraudulent intent at the time of contract execution. Nor did it offer evidence of any other representations, suggestions, or promises—separate from and post-dating execution of the initial contracts—that were made with fraudulent intent to induce the GSEs to purchase loans.”Bank of America spokesman Lawrence Grayson said of the reversal of the penalty, “We are pleased with the appellate court’s decision.” A spokesman for Manhattan U.S. Attorney Preet Bharara, who brought the case to trial, said he had no immediate comment when contacted by MReport.The U.S. Department of Justice sued Bank of America in August 2013 over Hustle, alleging that the program emphasized speed over quality of the loans sold, and staff members were rewarded according to sales volume. The government’s lawsuit against Bank of America was a whistleblower suit originated from former Countrywide executive Edward O’Donnell, who reportedly collected $57 million for filing the whistleblower suit.In October 2013, a jury found Countrywide liable for selling toxic MBS to Fannie Mae and Freddie Mac under the Hustle program. Bank of America was ordered to pay a $1.27 billion civil penalty by Judge Jed Rakoff of the U.S. District Court of the Southern District of New York in July 2014 as a result of the bank’s alleged role in selling toxic mortgage-backed securities to the GSEs.Since Rakoff issued the penalty, Bank of America has fought to have the verdict and the penalty dismissed, claiming not only that the Hustle program ended prior the bank’s 2008 acquisition of Countrywide, but that the government’s accusations in the case amount only to breach of contract and not fraud.In February 2015, Rakoff denied the bank’s request to overturn the verdict and the request for a new trial. In April 2015, Bank of America asked the court to either reverse the judgment in the Hustle case or vacate the judgment and remand the case, claiming that Rakoff made partial public statements while the case was still pending and also that “the trial itself was riddled with errors at both the liability and penalty phases.”A $1 million fine against former Countrywide executive Rebecca Mairone—so far the only individual penalized by the government for an alleged role in the financial crisis—was also overturned along with the $1.27 billion penalty against the bank.“I think it was a fair decision, and it was a long time coming,” Mairone told MReport. “I’m relieved to finally be vindicated from the whole fraud issue. I couldn’t be happier. It took a long time to get to this point, but you have to keep fighting for the right thing.”Click here to read the court’s complete ruling. in Daily Dose, Government, Headlines, News Bank of America Hustle Case Penalty U.S. Second Circuit Court of Appeals 2016-05-23 Seth Welborn Sharecenter_img May 23, 2016 608 Views A Big Win for BOA in “Hustle” Caselast_img read more

Virgin Galactic test pilots broke Mach 2 this morn

first_imgVirgin Galactic test pilots broke Mach 2 this morning, in the Mojave Desert, as VSS Unity took her third rocket-powered supersonic outing in less than four months. After a clean release from carrier aircraft VMS Eve at 46,500 ft, pilots Dave Mackay and Mike “Sooch” Masucci lit the spaceship’s rocket motor, before pulling up into a near vertical climb and powering towards the black sky at 2.47 times the speed of sound.The planned 42 seconds rocket burn took pilots and spaceship through the Stratosphere and, at an apogee of 170,800 ft, into the Mesosphere for the first time. This region, often referred to by scientists as the “Ignorosphere”, is an under-studied atmospheric layer because it is above the range of balloon flight, and in the future is looked to as an area for further research.<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>After a safe landing back at Mojave Air and Space Port, Chief Pilot Dave Mackay summed up the experience: “It was a thrill from start to finish. Unity’s rocket motor performed magnificently again and Sooch pulled off a smooth landing. This was a new altitude record for both of us in the cockpit, not to mention our mannequin in the back, and the views of Earth from the black sky were magnificent.”Sooch added: “Having been a U2 pilot and done a lot of high altitude work, or what I thought was high altitude work, the view from 170,000 ft was just totally amazing. The flight was exciting and frankly beautiful. We were able to complete a large number of test points which will give us good insight as we progress to our goal of commercial service.”Richard Branson stands in front of Virgin Galactic’s SpaceShipTwo after the third glide flight of VSS Unity, the first vehicle built by Virgin Galactic’s sister manufacturing company, The Spaceship Company.Every time VSS Unity is tested on the ground, or in the skies, the team gains experience and fresh data. This continuously improves modelling and helps them to optimise objectives as they expand the flight envelope. As it has been on previous flights, Unity’s cabin was equipped to gather data vital to the future safety and experience of Virgin’s astronaut customers. The cabin analysis systems record a host of parameters that are designed to help the team further understand the environment inside the cabin during powered flight – temperatures, pressures, humidity, acoustics, thermal response, vibration, acceleration and even radiation.The carrier aircraft, VMS Eve, was piloted today by Todd Ericson and Kelly Latimer.Congratulations to the team at Virgin Galactic and The Spaceship Company today for achieving another significant step towards commercial service.last_img read more

The Queen and Duchess Meghan make 1st joint appear

first_imgThe Queen and Duchess Meghan make 1st joint appearance by The Associated Press Posted Jun 14, 2018 6:35 am PDT Last Updated Jun 14, 2018 at 11:40 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Britain’s Queen Elizabeth and Meghan, Duchess of Sussex visit the Storyhouse Chester, in Chester, England, Thursday, June 14, 2018. (Phil Noble/Pool Photo via AP) center_img LONDON – The former Meghan Markle made her first joint appearance with Queen Elizabeth II on Thursday, taking a special royal train to events in northwestern England.The Queen and the Duchess of Sussex, as Markle is now known, joined the rest of Britain in observing a minute of silence at midday to honour the victims of the Grenfell Tower fire on the anniversary of the deadly London blaze.Aside from that sombre moment, the day was filled with smiles and cheers as the 92-year-old monarch and 36-year-old former actress paired up.They wore contrasting colours, the duchess choosing a cream Givenchy pencil dress and the Queen in a lime green coat-dress and matching hat. The duchess was also wearing diamond-and-pearl earrings that were a gift from the Queen.The Queen seemed comfortable in the company of Britain’s newest senior royal, and the two shared a few smiles on their first travelling engagement together.Their first stop featured a performance by local schoolchildren in the town of Widnes, near Liverpool. It was followed by events including the unveiling of a plaque to officially open the Mersey Gateway Bridge.The two royals were greeted by cheering crowds in the city of Chester, where they observed the minute of silence.The Queen worked one side of the street, greeting well-wishers, while the duchess walked down the other side, chatting with residents and showing her wedding ring to a small group of well-wishers.The duchess, a former actress on the TV show “Suits,” is easing into royal duties after marrying Prince Harry last month at Windsor Castle.last_img read more

Man dies in fall from scaffolding

first_imgA 47-year-old man fell to his death on Thursday while carrying out maintenance work on a building in Limassol.Mohammad Ali, a Cypriot of Syrian extraction, fell from the scaffolding at a height of seven metres.He leaves behind a wife and two children.Labour Inspection department officials arriving at the scene established that the scaffolding was unsafe, there were no railings and the planks were not of a sufficient width.Ali had been working as a subcontractor at the site.In the wake of the tragic accident, officials again urged employers to take all safety measures provided by law.You May LikeDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoUltimate Pet Nutrition Nutra Thrive SupplementAdd This One Thing To Your Dog’s Food To Help Them Be HealthierUltimate Pet Nutrition Nutra Thrive SupplementUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img read more

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