Travis Scott Cardi B To Headline The 2019 Made In America Festival

first_imgNews JAY-Z’s music festival returns to Philadelphia for its eighth year, on Aug. 31 & Sept. 1Ana YglesiasGRAMMYs Apr 2, 2019 – 6:21 pm Today, the Made In America Festival, started by JAY-Z in 2012, announced the lineup for its 2019 fest, featuring GRAMMY nominee Travis Scott and GRAMMY winner Cardi B as the headliners. The two-day event is set to take place in Philadelphia Aug. 31–Sept. 1, and will also include performances from GRAMMY winners Anderson .Paak, with The Free Nationals, James Blake and Kaskade. Fellow Made In America headliner Scott, who just closed out the second leg of his successful Astroworld Tour, will also be performing a select number of festivals, as well as Boston Calling and Rolling Loud in Miami. He and Cardi will also be part of the opening weekend parties at the new KAOS club in Las Vegas.Tickets to Made In America go on sale to the general public this Friday, April 5, with a TIDAL pre-sale currently up and running; more ticket info is available on the fest’s site.Kanye West Will Bring His “Sunday Service” To Coachella 2019 Email 61st GRAMMY Awards first-time nominees Jorja Smith and Tierra Whack are also on the bill, along with rising rappers Juice WRLD and Blueface, among others. The eighth annual festival will take place outdoors at Philly’s Benjamin Franklin Parkway, and is a great way to close out a busy festival season.Cardi is fresh off her first-time GRAMMY win this February, where she took home Best Rap Album for her debut LP, Invasion Of Privacy. The rap queen will be making her rounds at several other festivals around the globe this year, including Hangout Fest in Alabama and Primavera Sound in Barcelona, Spain. Travis Scott & Cardi B To Headline Made In America travis-scott-cardi-b-headline-2019-made-america-festival Travis Scott & Cardi B To Headline The 2019 Made In America Festival https://twitter.com/MIAFestival/status/1113141671687057410 Twitter Facebook NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Feb 10, 2019 – 9:38 pm Watch: Cardi B Wins Best Rap Album last_img read more

OBITUARY Maureen A Sullivan 43

first_imgWILMINGTON, MA — Maureen A. Sullivan, age 43, of Wilmington, passed away unexpectedly on May 20, 2018.Maureen was the cherished daughter of Ronald D. and Claire L. (Gagnon) Sullivan of Wilmington, dear sister of Ronald D. Sullivan, Jr. & his wife Sherry of Manchester, NH, Robert Sullivan & his partner Christine Brady of Lowell, Christopher Sullivan & his wife Rhonda of Derry, NH and Richard Sullivan & his partner Mary Hunt of Raymond, NH, loving aunt of Jewell, Jade, Daniel, Nicholas and Caleb. Maureen is also survived by many aunts, uncles and cousins.Family and friends will gather for a Funeral Service at the Nichols Funeral Home, Inc., 187 Middlesex Ave., (Rte. 62), Wilmington on Friday, May 25th at 11:00 a.m. Interment to follow in Wildwood Cemetery, Wilmington. Visiting hours will be held at the Funeral Home on Thursday, May 24th from 4:00 – 8:00 p.m.Memorial donations in Maureen’s name may be made to St. Jude’s Children’s Research Hospital, 262 Danny Thomas Place, Memphis, TN 38105.Maureen A. Sullivan(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 wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedOBITUARY: Maureen F. (McKenna) McHugh, 80In “Obituaries”OBITUARY: Ronald D. “Herman” Sullivan, 71In “Obituaries”OBITUARY: Marie J. (Ciampa) Cummings, 81In “Obituaries”last_img read more

Bomb recovery in BSMMU worries BNP about Khaledas life

first_imgBNP senior joint secretary general Ruhul Kabir Rizvi. Prothom Alo File PhotoBangladesh Nationalist Party (BNP) has voiced deep concern over the life and security of its chairperson Khaleda Zia as a bomb-like object was reportedly recovered from the administrative building of Bangabandhu Sheikh Mujib Medical University (BSMMU) on Thursday, reports UNB.Speaking at a press conference at BNP’s Naya Paltan central office, BNP senior joint secretary general Ruhul Kabir Rizvi on Friday demanded adequate security for their chairperson at the BSMMU where she has been receiving treatment since 1 April last.”How did a petrol bomb end up at the BSMMU amid tight security? We’re deeply worried over the life and security of our leader (Khaleda),” he said.The BNP leader said people suspect that such kind of incident cannot happen without either patronage of government high levels or a blue print of it.According to media reports, a crude bomb-like object was found in front of the registrar’s room at BSMMU administrative building on Thursday.Rizvi said the incident of the bomb recovery from BSMMU has stunned the country’s people since a three-time prime minister has been undergoing treatment at the hospital.He accused the government of making efforts to eliminate its political opposition through ‘destroying democracy’.Rizvi also said the government has kept their chairperson in jail unlawfully and deprived her of justice.He also demanded that the government ensure proper treatment of their chairperson.BNP leader also criticised the government over the demolition of the heritage building — ‘Jahajbari’ — in old Dhaka by ruling party men. “The incident has manifested that Awami League has turned into a grabbers’ party.”last_img read more

Puerto Rican Island Still In Crisis Mode 3 Months After Maria

first_img Share Ricardo Arduengo for NPRA child rides a bike by a house destroyed by Hurricane Maria in Vieques, Puerto Rico.On an island eight miles off Puerto Rico’s coast, homes sit destroyed on hillsides and many of its nearly 9,000 residents still wait for federal aid. Vieques’ hospital is operating out of tents in a parking lot. And the island is facing the prospect of six more months without electricity from Puerto Rico’s main grid.The island’s bleak trajectory epitomizes the unevenness of the disaster relief effort in the hurricane-devastated U.S. territory, where metropolitan areas such as San Juan are showing clear signs of recovery.At Vieques’ bar La Nasa, couples sway on a dance floor to the beats of a generator-powered stereo system. A bartender pulls beers out of a cooler. The original bar was reduced to rubble from the hurricane and washed into the sea.Ricardo Arduengo for NPRA bartender serves drinks at La Nasa bar in the Esperanza beachfront neighborhood in Vieques. The original bar was reduced to rubble by the hurricane and washed into the sea.“It was a mess! A big mess,” laughs owner José Silva, standing in the sand. The new bar is a colorful rickety patio next to a pile of debris, the wreckage of the original. Silva says that after the hurricane, he scavenged wood to reconstruct the small bar and opened within a week.“You know people they was stressed out, they was so sad that the place was gone, they just wanted to come and cry,” Silva adds.Cut off from powerThe storm cut Vieques off from Puerto Rico’s main electrical grid. A new holiday song for the upcoming Epiphany celebration is playing on this night, with a gift request. It goes, I’ll ask the three kings to bring a new generator.That message resonates here, where there’s vocal frustration about the island’s troubled main generator station, meant to provide power to Vieques residents when the connection to the main grid is down. That generator is riddled with problems.“You can ask any resident of Vieques and they will tell you that that generator doesn’t work, that it’s a piece of junk,” says Haronid Cruz Felix, the animated spokesperson for the mayor.Ricardo Arduengo for NPRHaronid Cruz Felix, spokesperson of the Vieques mayor, sits in his office.At that generator station on a recent morning, red lights flashed on the control board. Carlos Perez, the operator of the generator, says it finally started working five days before, after months without power.But on this recent morning Vieques was totally without power again, after a new problem arose a few hours earlier, causing the system to shut down. Perez works for Puerto Rico Electric Power Authority, also known as PREPA. Residents say the generator is now providing some service to a limited number of buildings.Perez says there are a lot of reasons for the generator’s problems. It uses French parts that are difficult to replace and they don’t store spares. “If you don’t have parts when things break down, you don’t have a generator,” he says. And it uses hundreds of gallons of diesel hourly, which can be difficult to transport to the remote island. Plus, the power lines and poles in Vieques are damaged, limiting the number of homes that electricity can flow to even when the generator is working.Felix says he’s frustrated by a lack of communication from PREPA. “The only date that we have been given for Vieques to have regular power is between March and May,” he says. The utility did not respond to requests for comment – Perez, the generator operator, said simply that restoring regular power from the grid system that runs underwater from the main island of Puerto Rico to Vieques is “going to take some time.”Ricardo Arduengo for NPRPuerto Rico Power and Electric Authority’s generator station, meant to be a backup for the main grid, is riddled with problems.There’s a lot of blame going around for the plight of Vieques. The mayor’s spokesman says the electricity company, the Puerto Rican government, and the federal government all played a role. Like many here, he feels the island has been marginalized at many levels of government. Many of the residents here also believe the mayor has not responded with enough urgency to the situation.The island was used for decades as a training ground for the U.S. military, including bombing exercises – a fact that Felix believes should mean more effective assistance from the federal government. “Sixty years bombarding these lands and the government has not even been able to get a power generator up and running? It’s on that level,” he says.Ricardo Arduengo for NPRPuerto Rico Power and Electric Authority operator Carlos Perez shows how the generator power is down once again on the island.Still in crisis modeThe island didn’t have regular running water for a nearly month, until generators were secured specifically to operate the pump, Felix adds.Not having electricity for months is time-consuming. Seventy-seven year old Juan Santos, taking a walk on the beach with his wife, says he has to go to the grocery store and purchase food daily or else it will spoil. “What you find in the stores, sometimes you don’t like what you buy but you have to eat it!” he laughs, sounding tired.Cell service is patchy and shifting, far worse than metropolitan areas such as San Juan. “I think it’s just ludicrous that in this day and age we don’t have communications and we still don’t have electricity,” says Gladys Aleman, who co-owns a Vieques-based ecotourism company. “We were two, three weeks after Maria and we still couldn’t make a phone call. I still can’t call, I can’t text … I blame everybody. This is crazy to me.” She says it’s impossible to operate a business without communications.“We are still in crisis mode,” Aleman adds.Tourism had been a growing industry on this beautiful island, where horses wander on lush hillsides and bioluminescent sea life glows in the water. Since the storm, tourism has dried up. The largest hotel and the island’s second-largest employer, the W Vieques Island, is closed through Dec. 2018.‘This is how I suture’The vulnerability of Vieques is starkest at the island’s hospital. Hospital Susana Centeno was damaged by the storm and is now closed due to a dangerous amount of mold, Felix says.Ricardo Arduengo for NPRA Puerto Rico National Guard member walks past the health clinic in Vieques, operating out of tents in a parking lot.Now, it’s operating in tan military-style tents in the parking lot. “I consider this camping,” says Dr. Jose Carrasquillo, the physician at the facility. This clinic doesn’t even have a port-a-potty – the restroom is a shallow bowl suspended on spindly metal legs with a lid, positioned outside one of the tent flaps.Now, Carrasquillo, who has an easy laugh even in tough circumstances, says his medical work depends on improvising. He has to makes do with what he has. To demonstrate how he operates in the dimly lit tents, he pulls out a small flashlight and holds it between his teeth.“This is how I suture,” he says. “Because the patient needs it.”The doctor operates without equipment that would be standard in most hospitals. And transporting patients with more serious injuries to a proper facility isn’t always possible.Ricardo Arduengo for NPRDr. Jose Carrasquillo works in the clinic run out of military-style tents, which does not have the equipment that would be standard in most hospitals.“If the weather is bad, no one gets out of here,” he says. “That means I’m going to have to treat anything that comes here. That’s a challenge.” For example, he says he recently treated a man burned by a generator that exploded, and a young girl impaled by a screwdriver.Local authorities are going through a lengthy approval process to turn a school into a hospital.The improvised facility “scares me, it’s not going to last long,” Carrasquillo adds. “And the hurricane season is going to come in six months, again.”Solar hopesIn the facility’s parking lot is a field of solar panels, a technology seen as a source of hope to residents held prisoner by the dysfunctional electricity system currently in place.Puerto Rico’s governor, Ricardo Rossello, recently announced a series of solar electricity projects using Tesla energy storage, including one at this hospital. On Vieques, the sanitary sewer treatment plant, the water pumping station, a home for elderly people and the Boys and Girls Club of Vieques will also have these systems, according to the announcement.“We understand the need to provide energy options to improve resiliency when there is a grid outage,” Rossello said in a press release about Vieques and its neighboring island Culebra.Ricardo Arduengo for NPRA business badly damaged by Hurricane Maria in Vieques, Puerto Rico.The projects are raising hopes of a future for Vieques that does not rely on Puerto Rico’s main grid at all. Mark Martin-Bras, director of community relations and research for The Vieques Conservation and Historical Trust, says the island’s future should absolutely be solar power and alternative energy.It could even be used as a model for how to switch to solar, he says.“Vieques is a good example and small enough to be a model for [companies] like Tesla who proposed this type of work and other components of alternative energy, that can make this island a model for the world,” Martin-Bras says.Felix, the mayor’s spokesperson, says the idea of fully powering Vieques with alternative energy is appealing. It would benefit everyone, removing the need for months-long repair processes like this one. But the truth is, he says, the isolated island just simply doesn’t have the money.Copyright 2017 NPR. To see more, visit http://www.npr.org/.last_img read more

Russia Explosion Injures 10 At St Petersburg Supermarket

first_imgBREAKING VIDEO – JUST NOW: Multiple people injured after an explosion at large mall in St. Petersburg, Russia. pic.twitter.com/7lBFAjYQjN— The Anon Journal (@TheAnonJournal) December 27, 2017 Share Russian officials say at least 10 people have been injured by an explosion at a supermarket in St. Petersburg.At least 10 people were injured Wednesday by an explosion at a supermarket in St. Petersburg, Russia’s second-largest city and the site of a deadly subway bombing this year.The Investigative Committee, the nation’s top investigative agency, said a device containing 200 grams (7 ounces) of explosives went off at a storage area for customers’ bags. It said the device was rigged with shrapnel to cause more damage.No one has claimed responsibility for the explosion at a branch of the Perekrestok supermarket chain in the city’s northwest Kalininsky district.Alexander Klaus, the chief of the local branch of the Investigative Committee, said 10 people were hospitalized with injuries.Andrey Kibitov, a spokesman for St. Petersburg’s governor, tweeted that the injured were in satisfactory condition and one had been discharged from the hospital.A criminal investigation was launched.While officials stopped short of branding the explosion as a terror attack, the National Anti-Terrorism Committee that oversees anti-terror efforts in Russia said it was coordinating the search for suspects.Viktoria Gordeyeva, a St. Petersburg resident who walked past the supermarket shortly after the explosion, said people were afraid to enter other stores in the area.“There was no panic, but people were reluctant to enter a nearby drug store and a grocery store,” Gordeyeva said.Another local resident, Marina Bulanova, a doctor, heard the explosion and rushed to the market to help treat anyone who might be hurt. She said ambulance crews already had taken those injured to city hospitals by the time she got there.Russian President Vladimir Putin telephoned U.S. President Donald Trump earlier this month to thank him for a CIA tip that helped thwart a series of bombings in St. Petersburg, Putin’s home town.The Federal Security Service, or FSB, said seven suspects linked to the Islamic State group were arrested in connection to the alleged plot. The Kremlin said the arrested suspects had planned to bomb St. Petersburg’s Kazan Cathedral and other crowded sites.In April, a suicide bombing in the St. Petersburg’s subway left 16 people dead and wounded more than 50. Russian authorities identified the bomber who blew himself up on a subway line as Akbardzhon Dzhalilov, a 22-year old Kyrgyz-born Russian national.BREAKING: At least 10 people have been injured in an explosion at a shop located in a Shopping mall in St Petersburg, Russia, initial reports indicate the explosion was in a storage room pic.twitter.com/0OXn4oO4Kh— News_Executive (@News_Executive) December 27, 2017last_img read more

Music for a cause

first_imgTo create awareness about drug abuse and raise funds for addicts, seven bands from the northeast have come together to raise their voice through songs to bring about change. The bands will tour Delhi too.The music project titled ‘7×7’ will have popular artists, including two all-girl bands, from all the states of northeast. The group will bring out a music album on the theme of ‘Youth and Drug Abuse’, announced NGO BASIC, the brains behind the initiative. Also Read – ‘Playing Jojo was emotionally exhausting’‘It is an attempt to take a step towards healing, and to finding solutions to the issues… the album not only unites various bands from different northeast states but also features the diverse music talents that the region has,’ said Elvis Khevito Lee, BASIC project manager.‘We will raise funds to support people in need with special focus on HIV positive orphans,’ he added.BASIC has been supporting an orphanage for HIV positive children for more than two years in Imphal, Manipur. Also Read – Leslie doing new comedy special with Netflix‘Helping HIV positive orphans brings tremendous satisfaction knowing that not only are we supporting the suffering children but are creating a better tomorrow for them,’ said Lee.According to Lee, a concert with all the seven bands will be organsied in Delhi by November to educate the youth.‘Music, being a universal language and one of the most powerful tools to reach out to the youth, will be a great empowering force for the journey ahead,’ he said.last_img read more

WhatsApp messages to be under scanner during poll period CEC

first_imgChief election commissioner VS Sampath on Thursday said any offensive material on social media during election period will be strictly dealt with.‘The chief secretary and the DGP were told to instruct the police stations to register complaints against obnoxious material on social media during election period,’ Sampath said at a press conference here.last_img

Indias first Print Biennale opens at the Lalit Kala Akademi

first_imgIn keeping with its role as the country’s National Academy of Art, the Lalit Kala Akademi is hosting the first ever ‘International Print Biennale’ in the country with a record number of 17 countries participating in it. The exhibition which opened on March 25 at the Rabindra Bhavan Galleries, had eminent artist and printmaker, Shakti Barman as the Chief Guest along with the Biennale commissioner, Anupam Sud and its steering committee members: Ananda Moy Banerji, Dattatraya Apte, R.S. Sham Sunder, Paila Sen Gupta and Vijay Bagodi. The ceremony also witnessed the launch of ‘Samkaleen Kala’, a Lalit Kala Akademi journal. Also Read – Add new books to your shelf”It was around the 1980s that I first happened to get introduced to the lithography medium of printmaking. All of a sudden, lithography had become very popular. But with time, its trend, as well as practising spaces and studios got demolished and now, we have very few of them. I believe, that this grand endeavour by the Akademi will help it gain back its popularity,” said Barman at the inauguration. Culture Minister of India, Dr Mahesh Sharma couldn’t attend the inauguration function due to personal reasons, but he sent his best regards through a message, which said, “Printmaking is a means of fine expression. I appreciate the outstanding effort of the Akademi to contribute towards and make us aware of the contemporary trends in art.” Also Read – Over 2 hours screen time daily will make your kids impulsiveCS Krishna Setty, Administrator LKA, in his welcoming address on the Biennale stated, “The aim behind conducting such an event is to endeavour a quest for discovering new artistic trends in printmaking nationally, as well as globally, and to explore new ideas in the field. The Lalit Kala Akademi is creating history once again today; in its 64 years of history, the Akademi is organizing this first ever Print Biennale of India, for the first time.”With countries like USA, UK, Sri Lanka, Italy, Mexico, China, Israel, Sweden, Lithuania, Poland, Argentina, Greece, Nepal, Bangladesh, and Mauritius participating in this exhibition, the Biennale has elicited global interest.last_img read more

Device Makers Telecoms Face Competing Government Demands on Privacy

first_img 3 min read Growing a business sometimes requires thinking outside the box. For tech companies, there was a confounding juxtaposition in the news this week.On Monday, the Federal Trade Commission and the Federal Communications Commission announced a joint effort to assure that businesses are safeguarding their customers’ data. The FCC sent a letter to mobile carriers, citing “a growing number of vulnerabilities … that threaten the security and integrity of a user’s device and all the personal, sensitive data on it,” and asking how carriers address those vulnerabilities.The FTC simultaneously ordered eight manufacturers of mobile devices to respond to a detailed set of questions about how they update the devices’ security protections and keep customers informed of those updates.Meanwhile, on Wednesday, as Julia Harte reported for Reuters, FBI Director James Comey said in press briefing that he expects to keep litigating to force companies like Apple to help investigators access their customers’ data.Terrorist groups rely on encryption, Comey said, suggesting — as the government argued throughout its attempt to compel Apple to help crack security on an iPhone used by the San Bernardino shooter — that law enforcement agencies believe they are entitled to assistance from tech companies.So, one set of government agencies is pressuring mobile companies to keep customer data secure while another segment of the government is pressuring the same companies to help investigators access data.And on the criminal front, we are not talking about an incidental number of customers. Comey told reporters Wednesday that the FBI has examined about 4,000 devices since October, but that’s just one aspect of the government’s data excavation.In a must-read essay published Friday on the website justsecurity.org, U.S. Magistrate Judge Stephen Smith of Houston estimated that state and federal courts may be issuing a half-million secret surveillance orders every year.Apple, Microsoft and other mobile companies have been pushing back against government data demands. (The Electronic Frontier Foundation publishes a handy scorecard, Who Has Your Back?, on the compliance policies of 24 social media, telecom, mobile device and Internet companies.)In response to Apple’s opposition, the Justice Department accused the company of putting its business interests ahead of national security. According to the government, tech companies know their customers are worried about keeping their personal information private, so the companies put on a show of opposing court-authorized investigative requests.Now Apple and fellow tech companies can point out that the federal government itself, via the FCC and FTC, is pestering them to prioritize the protection of customer data.Is there a perfect balance between data privacy and law enforcement? It seems elusive in these relatively early days of the mobile revolution, with Congress so far reluctant to define the responsibilities of the private companies we entrust with our personal information and courts muddling through case-by-case facts. And as we saw this week, the executive branch is of at least two minds about the primary obligations of tech companies.For lawyers (and reporters), the double-sided squeeze on tech companies makes for interesting work. But as mobile device customers and citizens, we’d better hope for consensus to emerge.(Reporting by Alison Frankel; Editing by Alessandra Rafferty.) This story originally appeared on Reuters Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global May 13, 2016 Register Now »last_img read more

Rep VanderWall Proposal to lower auto insurance rates step in right direction

first_img Categories: News,VanderWall News 26Sep Rep. VanderWall: Proposal to lower auto insurance rates step in right direction State Rep. Curt VanderWall today attended the announcement of a bipartisan coalition to reform Michigan’s broken auto no-fault insurance system and dramatically cut costs for drivers.VanderWall is reviewing legislation introduced today that will lower the cost of auto insurance in Michigan – which now has the highest rates in the nation – by offering motorists more coverage options, fighting fraud and reining in medical costs.“Everywhere I go in northern Michigan, people tell me the same thing – auto insurance costs far too much. We lead the nation in auto insurance costs, and that’s the sort of thing you don’t want to be No. 1 in,” said VanderWall, of Ludington. “We’ve heard these concerns loud and clear, and we’re committed to doing something about it. This proposal is a first step as we work toward lower insurance costs for drivers in Michigan.”Michigan’s average full coverage auto insurance premium cost – nearly $2,400 per year – is more than $1,000 above the national average and twice as high as those in neighboring states.The new bipartisan plan continues benefits for Michiganders already receiving lifetime health care after a catastrophic traffic accident. The plan also gives motorists the option to continue to buy unlimited personal injury protection coverage, or buy more affordable alternative coverage plans.The legislation:Provides a guaranteed rate reduction for drivers who choose certain coverage plans alternative to the unlimited plan;Gives individuals the choice on the extent of PIP coverage as part of their auto insurance. Choice levels include $250,000, $500,000 or unlimited;Allows seniors age 62 or older with lifetime health care benefits the option to opt out of PIP coverage to avoid the current double taxation;Establishes fee schedules and attendant care limits to lower medical costs related to auto injuries;Helps the state ensure insurance companies are complying with state law, and creates a fraud authority to address fraudulent claims;Provides a state review of the Michigan Catastrophic Claims Association (MCCA) to make sure motorists are not overpaying for insurance; andAddresses attorney fee costs and unfounded lawsuits while eliminating attorney conflict of interests with medical providers.VanderWall is vice chair of the House Insurance Committee, which will take up the legislation for further review.#####last_img read more

Maker Studios has turned down Relativity Medias U

first_imgMaker Studios has turned down Relativity Media’s US$1 billion (€723 million)-plus approach in favour of its existing agreement to join the fold at The Walt Disney Company.Relativity yesterday attempted to hijack Disney’s deal to buy YouTube channel operator Maker with its own offer ahead of a Maker shareholder meeting today, but this has proven unsuccessful.“As per the announcement made on March 24, Maker Studios has entered into a merger agreement with The Walt Disney Company,” a Maker spokesperson said a widely issued statement.“The agreement has been approved by Maker Studios’ board of directors and the majority of its shareholders and is expected to close in the next few weeks, subject to regulatory approval.”Maker’s offer was initially thought to be of a similar value to Disney’s, but US reports now say the offer was for an initial US$525 million, plus US$500 million in target-related extras and US$75 million in order to keep key executives.Disney’s offer is for an initial US$500 million, plus up to US$450 million in target-related fees.The spokesperson also noted the legal motion Maker co-founder and former CEO Danny Zappin brought to stop the Disney deal had been denied by the Superior Curt of California. Zappin’s lawsuit over his exit from Maker nearly a year ago is separate and remains on going.Zappin founded Maker in 2009 alongside Shay Butler, Lisa Donovan, Scott Katz, Kassem Gharaibeh and Ben Donovan.last_img read more

Total virtual reality revenues will reach US72 b

first_imgTotal virtual reality revenues will reach US$7.2 billion globally by the end of 2017, according to new research by Greenlight Insights.The virtual and augmented market intelligence company said it anticipates modest industry growth in the short term, but expects the VR industry to reach US$74.8 billion in global revenues and become a “major global marketplace” by 2021.Of this year’s anticipated VR revenues, Greenlight said it expects head-mounted displays to account for US$4.7 billion. By 2021 it said it expects revenues to be driven in part by the increased spending in several enterprise sectors and in the location-based entertainment industry.“We saw mixed results in the global VR industry in 2016 — initial sales volume by some high-end manufacturers didn’t quite live up to the hype, while PlayStation VR, Samsung Gear VR, and low-cost headsets continued to gain traction,” said Greenlight Insights CEO, Clifton Dawson.“There are turbulent times ahead, but our analysis points to VR achieving critical mass in many markets by 2019, building to a considerable global marketplace five years from now.”last_img read more

One thing that I did notice was that January open

first_imgOne thing that I did notice, was that January open interest in silver had been sneaking up slowly during the week, with 102 contracts added yesterday.It was a very quiet trading day for both gold and silver yesterday.In gold, the high tick came shortly after 3:00 p.m. Hong Kong time…and from there, the gold price wandered around within five bucks of the $1,640 spot price for the rest of the Wednesday trading day.Gold closed at $1,643.00 spot…up $10.80 on the day. Volume, net of all roll-overs out of the February contact, was around 130,000 contracts…almost the same as Tuesday’s volume.  This is quite big volume considering the lack of price movement.The silver price didn’t do too much either.  It was pretty steady until 2:00 p.m. Hong Kong time…and then rose to its high of the day at 10:00 a.m. in London, before getting sold off to its low of the day about five minutes after Comex trading began in New York.The subsequent price rally ended around 11:40 a.m. Eastern time…and then declined about 30 cents going into the close of Comex trading.  From there it traded pretty flat until the close of electronic trading at 5:15 p.m. Eastern.Silver closed just under the $30 mark for the second day in a row, at $29.97 spot…up 3 whole cents.  Net volume was 35,000 contracts…a few thousand less than Tuesday.As I mentioned in ‘The Wrap’ yesterday, the U.S. dollar index rose and fell about 25 basis points between the New York open on Tuesday evening…and 5:00 a.m. Eastern time on Wednesday morning, which was 10:00 a.m. in London.Then it blasted 50 basis points higher in two hours flat, crawling up to its high of the day around 11:30 a.m. in New York.  From there it declined gently into the close.  The dollar index closed up about 45 points on the day.The approximately ten dollar decline in the gold price [that accompanied the 50 basis point rally in the dollar] between 10 a.m. and noon in London is pretty obvious on the Kitco gold chart above…but it wasn’t much of a decline for such a big dollar move.  And by the time the dollar rally was done around 11:30 a.m. Eastern, the gold price had rallied back to within a few bucks of its starting point at 10:00 a.m. in London…5:00 a.m. Eastern time.  That’s a bullish sign in my books.On the bad news of out of Hecla Mining yesterday, the HUI gapped down at the open.  The low came at 10:30 a.m. Eastern…and then the rest of the gold stocks spent the day crawling higher.  I’m sure that if it hadn’t been for the 21% pounding in Hecla’s stock price, the HUI would have finished in positive territory yesterday.  As it was, the HUI finished well off its low, closing down only 1.02%.With the odd exception, the silver stocks didn’t do overly well…and with Hecla Mining being one of the major components of Nick Laird’s Silver Sentiment Index, it got hit for a 2.77% loss yesterday.  BIG GOLD editor Jeff Clark informed me that Hecla will lose about 3.5 million ounces of silver production because of the closure of the Lucky Friday mine…if it stays closed all year, that is.(Click on image to enlarge)The CME’s Daily Delivery Report was a bit of a surprise.  Only 8 gold contracts were posted for delivery on Friday…but a very chunky [for this time of month] 125 silver contracts were also posted for delivery.  As usual, it was Jefferies on the short/issuer side…and the Bank of Nova Scotia and JPMorgan as the only long/stoppers.  The link to the action is here.There was a very minor withdrawal from the GLD ETF yesterday…13,239 troy ounces…which was probably a fee payment.  There were no reported changes in SLV.There was no sales report from the U.S. Mint yesterday, either.The Comex-approved warehouses are still busy places these days.  Tuesday’s report showed that 701,831 troy ounces were shipped in…and 426,528 troy ounces were shipped out. The link to that action is here.Silver analyst Ted Butler posted his mid-week commentary for his paying subscribers yesterday…and here are the usual two free paragraphs…“The main issue with the CME is the inherent conflict between its role as a for-profit corporation…and as a self-regulator. Let’s face it, allowing any for-profit entity to essentially regulate itself, is just asking for trouble. And that is the problem. This conflict is at the heart of the new criticism…yet, curiously, is not mentioned often enough. Instead, observers of the current drama involving the CME and MF Global are misled by sound bites and clutter that fail to mention any inherent conflict of interest on the CME’s part. That’s because the CME is a master at spin-doctoring.”“Because the CME is more interested in profit at any cost, not only has its self-regulatory role been compromised, it has actually enacted and encouraged developments which are downright hostile to the efficient functioning of its markets. You need not look further than the scourge of High Frequency Trading (HFT) for an example of what the CME has done wrong. HFT does nothing to enhance our markets, except generate excessive trading fees for the CME. HFT works against the very purpose for our futures markets of legitimate hedging because HFT is nothing more than day trading gone mad. Legitimate hedgers have no use for frantic day trading. High Frequency Trading also allows for markets to be manipulated easier.”I have a decent number of stories for you today…and most of them are precious metals related. I hope you have the time to spend on them.The first panacea for a mismanaged nation is inflation of the currency; the second is war.  Both bring a temporary prosperity; both bring a permanent ruin.  But both are the refuge of political and economic opportunists. – Ernest HemingwayIt was pretty much a nothing sort of day in both gold and silver on Wednesday, as both metals didn’t do much of anything.  The preliminary open interest numbers were down a couple of thousand contracts in gold…and a few hundred contracts in silver.One thing that I did notice, was that January open interest in silver had been sneaking up slowly during the week, with 102 contracts added yesterday.  That was certainly associated with the fairly large delivery notice in silver [125 contracts] that was reported by the CME last evening…which I mentioned close to the top of this column.Not much happened during the Far East trading session during their Thursday…and not much is going on during the first hour of trading in London, either.  As of 3:40 a.m. Eastern time, gold is up about four bucks…and silver is up about 15 cents.  Volumes in both metals are very light…and the dollar index is flat.About ninety minutes has gone by since I wrote that last paragraph. It’s now 10:10 a.m. in London…5:10 a.m. Eastern time…and both gold and silver are showing some signs of life.  Gold is now up about eight bucks…and silver is up a hair over 40 cents.  Volume has picked up a bit as well…and the dollar index is now down about 20 basis point.  It’s nothing to get excited about, but it’s more price action than there’s been since the New York open at 6:00 p.m. Eastern last night.Tomorrow we get the new Commitment of Traders Report…and based on the price activity of the reporting week that ended on Tuesday, I wouldn’t be at all surprised if there was deterioration in the Commercial net short positions in both gold and silver, as I’m sure that the technical funds were covering their short positions…and the small commercial traders were selling out to them and taking profits.This is not what either Ted Butler or myself is hoping for, but that’s the most plausible outcome at the moment.  We’ll see how much truth there is to this speculation tomorrow at 3:30 p.m. Eastern time.That’s all I have for today.  I hope your Thursday goes well…and I’ll see you here tomorrow. Sponsor Advertisement Great Panther Silver Limited (TSX: GPR) is one of the fastest growing primary silver producers in Mexico.  The Company’s organic growth strategy will see output from mining operations increase by 30% in 2011 to 3.0 million ounces silver equivalent and again by 27% in 2012 to 3.8 million ounces silver equivalent, providing strong leverage to rising silver prices. The Company has also been growing its resource and reserve base at both 100% owned operations.  A new resource/reserve estimate was released for the Guanajuato Mines in late December 2010 and a new resource/reserve estimate for the Topia Mines is expected during the first quarter is 2011.  The Company is also advancing drilling activities at its new discovery at the San Ignacio property in Guanajuato.  Great Panther continues to replace mined ounces, grow resources and reserves at both operations, and is targeting a 10 year mine live at each.Great Panther is committed to becoming a leading primary silver producer by acquiring, developing and profitably mining precious and base metals in Latin America. For more information, please visit the website or contact Erick J. Bertsch, VP Corporate Development, toll free at 1-888-355-1766 or by email at ebertsch@greatpanther.comlast_img read more

Da boyz are after silver in a big way The gold pri

first_imgDa boyz are after silver in a big wayThe gold price rallied a hair in Far East trading on their Monday morning, but that all ended at 9 a.m. Hong Kong time as the HFT boyz and their algorithms took an eight or nine dollar slice off the golden salami.  After that, the price didn’t do much until shortly after 11 a.m. EDT—and the rally that began at that time got dealt with in the usual manner at one minute before noon, before it got too far into positive territory—and it wasn’t allowed to close there.The low and high tick were reported as $1,208.80 and $1,221.00 in the December contract.Gold closed in New York on Monday at $1,214.80 spot, down $1.40 from Friday’s close.  Net volume was 131,000 contracts.Silver opened flat on Monday morning in the Far East but, like gold, the HFT traders and their algorithms showed up at 9 a.m. Hong Kong time as well—and within an hour had silver down over 50 cents.  From there it rallied in fits and starts back to just above unchanged by noon in New York—and at that time met the same fate as the gold price—getting closed down on the day.The low and highs were reported by the CME Group as $17.865 and $17.325 in the December contract.Silver finished the trading session on Monday at $17.73 spot, down 6 cents from Friday’s close.  Net volume was a stunning 74,000 contracts.Platinum and palladium had charts very similar to the gold charts, but mini versions—and both metals, like gold and silver, were closed at a new low for this move down. Platinum was closed down 12 bucks—and palladium was closed down 9 bucks, but was briefly below $800 during the day.  Here are the charts. And as I write this paragraph, the London open is 15 minutes away.  With the exception of silver, the other three precious metals are all up a tiny amount on the day.  Gold volume is a bit over 15,000 contracts, which isn’t overly heavy—but silver’s volume is very brisk at 7,700 contracts.  The dollar index is flat.Today is the cut-off for this Friday’s Commitment of Traders Report—and I would guess that we’ll see new records pretty much across the board in gold and silver—and close to records in platinum and palladium as well.  Of course that depends on today’s price action, so we’ll see how things turn out as the trading day progresses, particularly in New York.And as I fire this out the door to Stowe, Vermont at 5:00 a.m. EDT, I see that the prices of all four precious metals went vertical shortly after 9 a.m. BST in what had all the hallmarks of a ‘no ask’ market—and it remains to be seen how long JPMorgan et al allow these rallies to last.  Judging by the volumes in both gold and silver at the moment, they are hard at work as sellers of last resort.  Right now [4:50 a.m. EDT] net gold volume has exploded to a bit over 35,000 contracts—and silver’s net volume is 14,000 contracts.  So unless a black swan of some type shows up, it’s a pretty good bet that these rallies will meet the same fate as every other rally.Here are the gold and silver charts as of 4:45 a.m. EDT—9:45 a.m. BST in London. The dollar index close late on Friday afternoon in New York at 84.78—and then climbed to its 85.85 ‘high’ tick of the day around 11:20 a.m. EDT.  From there it slid lower—and closed at 84.70, which was down 8 basis points from Friday.The gold stocks gapped down—and then stayed down for the remainder of the day, except for a small rally around noon when gold rallied as well.  Even though gold made it into positive territory for a bit—and only closed down a dollar or so, the HUI closed down another 2.89%.The silver equities headed for the basement the moment that trading began in New York.  The noon rally didn’t last—and the stocks continued lower—and Nick Laird’s Intraday Silver Sentiment Index closed down a chunky 3.64%.The CME Daily Delivery Report showed that zero gold and 220 silver contracts were posted for delivery on Wednesday.  The biggest short/issuer was Jefferies by far with 188 contracts.  There were about 10 long/stoppers, none which really stood out—and the link to yesterday’s Issuers and Stoppers Report is here if you wish to check it out.The CME Preliminary Report for the Monday trading session showed that there are 16 gold and 387 silver contracts still open in September, from which you can subtract the 220 silver contracts in the prior paragraph.There was 57,698 troy ounces of gold withdrawn from GLD yesterday—but it was totally different over at SLV, as there was another monster deposit.  This time there was 2,397,570 troy ounces were added by an authorized participant.I forgot all about Joshua Gibbons, the “Guru of the SLV Bar List” while was in San Antonio, so I’ll make amends here.  As of the close of trading last Wednesday, this is what he had to say: “Analysis of the 17 September 2014 bar list, and comparison to the previous week’s list—4,844,010.2 troy ounces were added (all to Brinks London). No bars were removed or had a serial number change.The bars added were from: Solar Applied Materials (2.8M oz), Henan Yuguang (1.4M oz), Nordeutsche (0.3M oz), and 4 others.  As of the time that the bar list was produced, it was over-allocated 594.3 oz.  All daily changes are reflected on the bar list, except the 959,072.0 oz deposit last night (17 September 2014).About 2.5M oz of the deposits were bars that had been in SLV before, with another 2.3M oz of fresh bars.”There was a decent sales report from the U.S. Mint.  They sold 3,700 troy ounces of gold eagles—500 one-ounce 24K gold buffaloes—660,000 silver eagles—and 100 platinum eagles.There wasn’t much activity in gold at the Comex-approved depositories on Friday, as only 3,407 troy ounces were shipped out—and nothing was reported received.The silver activity was off the charts once again, as 2,656,293 troy ounces were reported received, with all the action at Brink’s, Inc.—CNT—and Canada’s Scotiabank.  Only 165,152 troy ounces were shipped out.  The link to that activity is here—and it’s worth a look.Nick Laird sent us this chart on the weekend.  It’s the weekly deliveries from the Shanghai Gold Exchange right up until September 12, 2014—and as you can tell, the chart is doing what it’s supposed to, moving from lower left to upper right.I’ve kept the stories down to as few as possible, but there’s still a lot.  The final edit is yours.Certainly, the signals in silver from everywhere I look are much different than the prices being set on the COMEX. Despite the pronounced price weakness, investment holdings in the big silver ETF, SLV, have grown and not shrunk, both on an absolute basis and relative to the big gold ETF, GLD.  Even though the price of silver has gone down—and has gone down relative to gold’s price, there are no indications of investment selling of physical silver, only indications of buying.  There is no compatibility between price action and the holdings in the two largest public investment vehicles in silver and gold. One would appear to be wrong, either the collective behavior of silver and gold investors when it comes to physical metal holdings or the price-setting mechanism on the COMEX. This is a disconnect that demands an eventual re-connection. The easiest re-connection must involve a radical change in the price of silver and not a change in collective investment behavior. The price of silver is wrong, not public reaction to a price thought too cheap. – Silver analyst Ted Butler: 20 September 2014Another slice out of the salami in all four precious metal yesterday, particularly in silver, as all hit new lows for this move down.  And as you already know, da boyz are after silver in a big way, as it’s the problem child for both JPMorgan and Canada’s Scotia bank.  I would guess that between them, they hold a bit over half of the entire short position of the ‘Big 8′ traders in the Commercial category of the Commitment of Traders Report.Here are the 6-month charts for all four precious metals.  Platinum is most likely at its most oversold position in many years—and that goes for the other three precious metals as well.center_img I’m back home in Edmonton now that the Casey conference is done.  I was amazed at the quality of not only the speakers, but also the calibre of the attendees.  After talking with many—and I’m happy to report that the “can do” spirit is still very much alive in America.  I was delighted to meet so many readers while I was there—and I was humbled by their kind words.  So a profound “thank you” hardly seems adequate.After flying for a good chunk of Monday, I must admit that I’m a pretty tired puppy.I’m off to bed—and after watching the early morning action in London, nothing will surprise me when I power up my computer later this morning.See you tomorrow.last_img read more

A simple question at the pharmacy could unlock sav

first_imgA simple question at the pharmacy could unlock savings for millions of Medicare beneficiaries.Under a little-known Medicare rule, they can pay a lower cash price for prescriptions instead of using their insurance and doling out the amount the policy requires. But only if they ask.That is because pharmacists say their contracts with drug plans often contain “gag orders” forbidding them from volunteering this information.As part of President Trump’s blueprint to bring down prescription drug costs, Medicare officials warned in a May 17 letter that gag orders are “unacceptable and contrary” to the government’s effort to promote price transparency.But the agency stopped short of requiring insurers to lift such restrictions on pharmacists.That doesn’t mean people with Medicare drug coverage are destined to overpay for prescriptions. They can get the lower price, when it’s available, simply by asking, says Julie Carter, federal policy associate at the Medicare Rights Center, a patient advocacy group.”If they bring it up, then we can inform them of those prices,” says Nick Newman, a pharmacist and the manager at Essentra Pharmacy in rural Marengo, Ohio. “It’s a moral dilemma for the pharmacist, knowing what would be best for the patient but not being able to help them and hoping they will ask you about the comparison.”For consumers inclined to price-shop, details may be hard to find: Medicare’s website and annual handbook don’t mention it.”If you don’t know that there are a bunch of different prices that could be available at any given pharmacy, you don’t know what you don’t know,” says Leigh Purvis, the AARP Public Policy Institute’s director of health services research.Researchers analyzing 9.5 million Part D prescription claims reported in a research letter to Journal of the American Medical Association in March that a patient’s copayment was higher than the cash price for nearly one in four drugs purchased in 2013. For 12 of the 20 most commonly prescribed drugs, patients overpaid by more than 33 percent.Although the study found that the average overpayment for a single prescription was relatively small, Newman says he has seen consumers pay as much as $30 more than the cash price.And many beneficiaries may not know that if they pay a lower cash price for a covered drug at a pharmacy that participates in their insurance plan and then submit the proper documentation, insurers must count it toward their out-of-pocket expenses. The total of those expenses can trigger the drug coverage gap, commonly called the doughnut hole. (This year, the gap begins after the plan and beneficiary spend $3,750 and ends once the beneficiary has spent a total of $5,000.)Daniel Nam, executive director of federal programs at America’s Health Insurance Plans, a trade group, agrees that “patients should have access to the lowest price possible at the pharmacy.” But, he says, Medicare’s warning takes aim at an increasingly rare occurrence. Gag order clauses are “not something they are incorporating into their contracts,” he says.UnitedHealthcare, whose popular prescription drug plans dominate the market, does not include such clauses in any of its Medicare, Medicaid or commercial insurance contracts, says Matt Burns, a company spokesman.Pharmacy benefit managers also say gag orders are not typical. “If it is happening, it is very much an outlier,” says Mark Merritt, president and CEO of the Pharmaceutical Care Management Association.Some pharmacists disagree. Kala Shankle, policy and regulatory affairs director for the National Community Pharmacists Association, which represents 22,000 independent pharmacies, says insurers have punished pharmacists who violate gag orders by dropping them from the plan’s network.In Ohio, one of several states that have banned gag orders in insurance contracts, including some Medicare drug plans, officials responded to complaints about the problem.”The Department has received inquiries related to entities withholding cost-saving information from consumers, which sometimes results in an insured paying more for pharmacy benefits than the actual cost of such pharmacy benefits,” the Ohio Department of Insurance wrote last month.Illinois and Ohio state legislators are considering bills making these restrictions illegal, and similar legislation has been introduced in the U.S. Senate.”If we didn’t have these gag clauses, there would not be a need for the legislation and policy changes movement that’s going on in the country,” says Garth Reynolds, executive director of the Illinois Pharmacists Association.Kaiser Health News, a nonprofit news service and editorially independent program of the Kaiser Family Foundation, is not affiliated with Kaiser Permanente. You’ll find Susan Jaffe on Twitter: @SusanJaffe Copyright 2018 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

A note from the editor Please consider making a v

first_imgA note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS… User-led organisations have played a key role in two major new projects that aim to improve access for disabled tourists and ramblers.In Oxfordshire, Natural England has opened the National Land Access Centre (NLAC), which will provide training for landowners, farmers and rights of way officers on how to ensure that gates and other countryside obstructions are accessible to disabled people.And in Lancashire, Blackpool-based disabled people’s organisation (DPO) Disability First is celebrating a government grant of nearly £1 million for a project that will improve access to the Fylde, Wyre and Blackpool coastline.NLAC, based at Aston Rowant National Nature Reserve, will offer training courses that show how to use, maintain and install fences, barriers and stiles that meet a new British Standard, which was published in February.Natural England, the government’s advisers on the natural environment, has worked closely on the plans with the user-led charity Disabled Ramblers, and project partners The British Horse Society, the specialist gate supplier Centrewire and the Pittecroft Trust.John Cutherbertson (pictured at the new centre), chair of Disabled Ramblers, told Disability News Service (DNS): “There is a huge swathe of the population who cannot clamber over stiles.“What we found is the main thing that stops people accessing the countryside is the lack of understanding by those people who are putting these gates in.“Some of them still think that the less able would prefer to stay at home and watch the telly.“They don’t realise that people want to get out there and need to get out there for their mental health as well as their physical well-being.”He said Disabled Ramblers was trying to educate these groups, such as farmers, landowners and rights of way officers, about the “least restrictive” way to enclose land, and ideally install gates that disabled people can open and close on their own, without needing someone with them.He said he hoped that the selection of gates and barriers on show at the centre would grow and would be joined eventually by accessible versions of other equipment, such as bridges and boardwalks.Disabled Ramblers has provided an off-road mobility scooter to the centre so people who take the courses can use the vehicle to see how difficult it can be to manoeuvre through such obstacles.Cuthbertson said that Centrewire, which was founded by Tom Bindoff, a non-disabled member of Disabled Ramblers, had been keen to modify its products to make them more accessible.Bindoff has even designed a “kissing gate” that can be opened by a scooter-user using a RADAR key, he said.The disabled Tory peer Lord Blencathra, deputy chair of Natural England, said: “Improved access will help to connect more people with their natural environment, giving them a chance to enjoy our countryside, its open space and fascinating wildlife – all key aspects of the government’s 25 year environment plan.”Meanwhile, funding of £985,000 has been awarded to a consortium led by Disability First through the government’s Coastal Communities Fund.Alan Reid, chief executive of Disability First, said his organisation was “thrilled and very proud” to be awarded the funding in its 25th year as a charity.He said he wanted the Fylde, Blackpool and Wyre coast to “strive to become a more truly inclusive resort”.The Access Fylde Coast project is supported by Blackpool, Fylde and Wyre councils, Blackpool Transport, Marketing Lancashire, Lancaster University, the access information provider DisabledGo, Blackpool’s Coastal Community Team and the area’s local Volunteering Centre.Reid said the project, which will last nearly two years, was “exciting and unique”.He told DNS the scheme would improve access for both visitors and residents by offering free access audits and disability awareness training to local shops and businesses.The project will also develop a culture and heritage mobile phone app, linked to existing apps offered by Blackpool Transport and DisabledGo, and which will include a British Sign Language interpretation service.He said: “This will support people with a variety of disabilities with tram and bus access once they step off the train station in Blackpool and venues will have details of their particular disabled facilities and heritage information on the app.”The project also plans to showcase professional disabled performers at Blackpool Opera House theatre and disabled artists in a local art gallery, and improve access at existing events including the Blackpool Illuminations switch-on and Lytham Festival.He said there was also the possibility that a disabled performer could perform at, or even switch on, the illuminations next year.On a visit to Lytham Saint Annes, coastal communities minister Jake Berry said: “It’s really exciting to see money from the Coastal Communities Fund help kick-start these shovel-ready projects, which have the potential to unlock the barriers to development and growth in our coastal communities.”The Coastal Communities Fund was established to support coastal projects in the UK to deliver sustainable growth and jobs.Picture by Annette Venterslast_img read more

Rice business expert available to discuss HPs potential CEO shakeup

first_imgAddThis ShareDavid Ruth713-348-6327druth@rice.edu Rice business expert available to discuss HP’s potential CEO shake-upWith news media reporting that Hewlett-Packard’s board is considering ousting its CEO, Rice University business expert Anthea Zhang is available to comment on how this might impact the computer maker’s future.‘There is already a possibility that a board of directors may choose a wrong CEO,’ Zhang said. ‘My research has shown that the possibility of choosing a wrong CEO is much higher when the predecessor CEO was forced out and/or the new CEO was hired from outside of the firm.”In these situations, the board typically doesn’t have sufficient information (or sufficient time to search for such information) to evaluate the fit between the new CEO and the firm, Zhang said.‘The hiring of Leo Apotheker as HP’s CEO is a typical example of such high-risk CEO successions,’ Zhang said. ‘HP’s board needs to avoid a vicious cycle of CEO successions.’Zhang is is a professor of strategic management at the Jesse H. Jones Graduate School of Business. Her areas of specialization include CEO succession and dismissal and foreign direct investment and technology entrepreneurship in emerging markets. Her research on these topics has been published in top-tier management journals, including the Academy of Management Journal, Strategic Management Journal and Journal of International Business Studies. Zhang’s research has appeared in the Financial Times, The Wall Street Journal, The New York Times, Business Week, The Economist, Investor’s Business Daily, CNBC and USA Today.Zhang is an associate editor of the Academy of Management Journal and a consulting editor of Management and Organization Review. She also serves on the editorial review board of Strategic Management Journal and is the representative-at-large of the Corporate Strategy and Corporate Governance Interest Group of Strategic Management Society (SMS). She is the recipient of the 2010 SMS Emerging Scholar Award.Zhang received a B.A. and an M.A. in economics from Nanjing University in China; a Master of Philosophy degree in international business from City University of Hong Kong; and a Ph.D. in strategic management from the University of Southern California.To schedule an interview with Zhang, contact David Ruth at druth@rice.edu or 713-348-6327.-30-Anthea Zhang bio: http://business.rice.edu/OnlineDirectory/PersonnelDetail.aspx?id=3411last_img read more

Business Travelers Dont Be Lured by the Siren Song of Free WiFi

first_img Carolyn Sun Weekly Tips Roundup 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. Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Looking to work stronger, smarter and faster? Our Tips Roundups from around the web can give you the boost you need.Zipcar is getting a makeover — finally. To stay competitive in the sharing economy, Zipcar has announced that certain cars will be allotted with more flexible rules, such as allowing one-way trips, indefinite reservation extensions and changes to the final destination in the midst of traveling, says The Verge.  Travel hacks for saving money. Changing your country setting when booking online and booking a roundtrip ticket on two different airlines are just a few hacks for saving when booking airline tickets, according to Tech Insider.Do you know where your wi-fi is coming from? Cybersecurity company Avast Software tested how eager travellers at the Barcelona airport would be for free wi-fi during the Mobile World Congress. Turns out they’ll trust most networks leaving some data vulnerable as some providers aren’t what they seem. The lessons Avast learned can benefit any entrepreneur on the go, as Refinery29 reports. Business Travelers: Don’t Be Lured by the Siren Song of Free Wi-Fi –shares Image credit: Luis Llerena | StockSnap.io Add to Queue Next Article 1 min read February 26, 2016 Enroll Now for $5last_img read more