IPL 4: Gambhir bags the highest price of Rs 11.04 cr

first_imgIndia opener Gautam Gambhir, who played a pivotal role in helping India secure a draw in the final Test in Cape Town against South Africa, has bagged the highest price so far in the ongoing Indian Premier League season IV auction in Bangalore.Gambhir, who played for the IPL Delhi team till last season, was bought by Bollywood star Shah Rukh Khan’s IPL team Kolkata for a whooping Rs 11.04 crores on Saturday – the first day of the two-day auction.Gambhir, who led Delhi Daredevils in the last edition, was surprisingly not bid for by his former team, even as others clamored for the left-hander. New franchises Pune, Kochi as well as Mumbai bid aggressively for him before Kolkata clinched the deal.But, the more surprising was that some big names that did come up for bidding were left unpicked by any teams.Sourav Ganguly, Brian Lara, Mark Boucher, Chris Gayle and South African Herschelle Gibbs were all left unpicked. However, all these players will again come under the hammer again on Sunday.Ten franchises are participating in the two-day bidding, including the Rajasthan IPL team and the Punjab IPL team, who were disqualified by the Indian Premier League following breach of ownership regulations but cleared following a Mumbai High Court decision.Over 350 players are up for grabs for the next three seasons, with the sequence of players coming up for auction decided by drawing of lots.The other major earners on the day were Yusuf Pathan, all-rounder Irfan Pathan, Yuvraj Singh, Rohit Sharma and Robin Uthappa and England’s Kevin Pietersen.advertisementYusuf Pathan, who earlier represented the Rajasthan Royals, was bought by Kolkata IPL team for Rs 9.66 crore. His brother Irfan was bought by IPL Delhi team for Rs 8.74 crore.Yuvraj Singh was taken away by Pune IPL team for Rs 8.28 crores. Rohit Sharma, who earlier represented IPL Hyderabad in the last season, was sold to Mumbai IPL team for Rs 9.2 crore.S. Sreesanth, who has been performing well in South Africa, was bought by IPL Kochi for Rs 4.14 crore. Mumbai Indian player till IPL season III, Zaheer Khan was bought by IPL Bangalore for Rs 4.14 crores.Rahul Dravid was taken by IPL Rajasthan Rs 3.2 crores. He earlier played for IPL Bangalore.Meanwhile, former Kolkata IPL player Brendon McCullum, who struck the first ton of the League in IPL season 1, was bought by Kochi for Rs 4.14 crores.IPL Hyderabad skipper in the last season, Adam Gilchrist was sold to Kings XI Punjab for Rs 4.14 crore. His teammate, VVS Laxman was bought by Kochi IPL team for Rs 1.84 crore.Andrew Symonds was bought by IPL Mumbai for Rs 3.91 crore. Now, he and Harbhajan Singh will be in the same team. It will be interesting to see how the two will get along considering that they were involved in a bitter spat of the racist nature when Australia had toured India in September 2008.IPL Kolkata it seems have completely revamped their team. Another good pick from them this season is Kevin Pietersen. They bought him for Rs 9.66 crore.Robin Uthappa, who represented Bangalore IPL team in the last season, was bought by Pune IPL team for Rs 9.66 crore.Twelve players, including India skipper Mahendra Singh Dhoni (IPL Chennai), Sachin Tendulkar (IPL Mumbai) and Shane Warne (IPL Rajasthan) were retained by their original franchises.Teams are allowed a maximum of Rs 40.8 crores to spend, which includes money for those players retained from previous seasons.The 2011 IPL season will be held from April 8-May 22.IPL season 4 table 1PlayerBought byPrice in RsFormer team 2Gautam GambhirIPL Kolkata11.04 crIPL Delhi 3Tillakaratne DilshanIPL Bangalore 2.99 crIPL Delhi 4Zaheer KhanIPL Bangalore 4.14 crIPL Mumbai 5Ross TaylorIPL Rajasthan 4.6 crIPL Bangalore 6Yusuf PathanIPL Kolkata 9.66 crIPL Rajasthan 7Kevin PietersenIPL Kolkata 3.00 crIPL Bangalore 8Mahela JayawardeneIPL Kochi 6.9 crIPL Punjab 9Yuvraj SinghIPL Pune 8.28 crIPL Punjab 10Camroon WhiteIPL Hyderabad 4.99 crIPL Bangalore 11AB de VilliersIPL Bangalore 5 crIPL Delhi 12Kumar SangakkaraIPL Hyderabad 3.22 crIPL Punjab 13Jacques KallisIPL Kolkata 5.06 crIPL Bangalore 14Andrew SymondsIPL Mumbai 3.91 crIPL Hyderabad15Rahul DravidIPL Rajasthan 3.2 crIPL Bangalore 16Rohit SharmaIPL Mumbai 9.2 crIPL Hyderabad 17Adam GilchristIPL Punjab 4.14 crIPL Hyderabad 18Graeme SmithIPL Pune 2.3 crIPL Rajasthan 19Robin UthappaIPL Pune 9.66 crIPL Bangalore 20John BothaIPL Rajasthan 4.37 crIPL Rajasthan 21VVS LaxmanIPL Kochi 1.84 crIPL Hyderabad 22Daniel VettoriIPL Bangalore 2.53 crIPL Delhi 23Brendon McCullumIPL Kochi 2.18 crIPL Kolkata 24S SreesanthIPL Kochi 1.14 crIPL Punjab 25Irfan PathanIPL Delhi 8.74 crIPL Punjab 26R.P. Singh IPL Kochi 2.3 cr IPL Hyderabad 27Michael Hussey IPL Chennai1.95 cr IPL Chennai 28Shaun MarshIPL Punjab 1.85. cr IPL Punjab  29J.P. DuminyIPL Hyderabad1.38 cr IPL Mumbai 30Shikhar Dhawan IPL Hyderabad1.38 cr IPL Mumbai  31Saurabh Tiwary IPL Bangalore 7.36 cr IPL Mumbai 32Parthiv PatelIPL Kochi1.3 crIPL Chennaiadvertisement 33 Dinesh KarthikIPL Punjab 4.1 cr IPL Delhi  34 Naman OjhaIPL Delhi1.24 cr IPL Rajasthan  35Wriddhiman Saha IPL Chennai45.3 lakhs IPL Kolkata  36 Brad HaddinIPL Kolkata1.49 cr IPL Kolkata  37 Tim PaineIPL Pune1.24 cr  – 38 Davy JacobsIPL Mumbai87.4 lakhs  – 39 James HopesIPL Delhi1.61 cr  IPL Punjab 40Ravindra JadejaIPL Kochi 4.37 cr  IPL Rajasthan 41Shakib Al HasanIPL Kolkata1.95 cr  – 42Stuart Broad IPL Punjab 1.84 cr  – 43 Abhishek NayarIPL Punjab 3.68 cr  IPL Mumbai 44 Angelo MathewsIPL Pune   4.37 cr   IPL Kolkata 45 Dwayne BravoIPL Chennai92 lakhs  IPL Mumbai 46 James FranklinIPL Mumbai46 lakhs  – 47 Steven SmithIPL Kochi92 lakhs IPL Bangalore 48 Ishant SharmaIPL Hyderabad 2.07 cr  IPL Kolkata 49 Praveen KumarIPL Punjab 3.68 cr  IPL Bangalore 50 Ashish NehraIPL Pune 3.91 cr IPL Mumbai 51 Brett LeeIPL Kolkata 1.85 cr IPL Punjab 52 Morne MorkelIPL Delhi 2.18 cr IPL Rajasthan 53 Dale SteynIPL Hyderabad 5.52 cr IPL Bangalore 54 Ryan HarrisIPL Punjab 1.49 cr  IPL Hyderabad 55 Doug BollingerIPl Chennai 3.22 cr  IPL Chennai 56Muttiah MuralitharanIPL Kochi 5.06 cr  IPL Chennai 57 Piyush ChawlaIPL Punjab 4.14 cr  IPL Punjab 58 R AshwinIPL Chennai 3.91 cr  IPL Chennai 59 Pragyan OjhaIPL Hyderabad 3.2 cr  IPL Hyderabad 60 Amit MishraIPL Hyderabad 1.38 cr  IPL Delhi 61Nathan McCullumIPL Pune 46 lakhs  – 62 Ramesh PowarIPL Kochi 82 lakhs  IPL Punjab 63 Brad HodgeIPL Kochi 1.95 cr  IPL Kolkata 64Callum FergusonIPL Pune 1.38 cr  – 65 Manoj TiwaryIPL Kolkata 2.18 cr IPL Kolkata  66Cheteshwar PujaraIPL Bangalore 3.22 cr IPL Kolkata 67 S. BadrinathIPL Chennai 3.68 cr IPL Chennai 68Paul CollingwoodIPL Rajasthan 1.15 cr IPL Delhilast_img read more

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Dennis Rodman Apologizes For Rant in North Korea

Photo by businessweek.comDennis Rodman, who made waves during a wild CNN interview this week from North Korea, apologized through publicist Jules Feiler in an email to the Associated Press.This came a day after he sang “Happy Birthday” to North Korean dictator Kim Jong Un at the start of an exhibition basketball game in Pyongyang on Wednesday.Rodman has been slammed for not using his access to Kim and his visits to the country to help free Kenneth Bae, a missionary in poor health who is being confined in North Korea for “anti-state” crimes. In an interview with CNN on Tuesday, Rodman implied that Bae was at fault.“I want to apologize,” Rodman said Thursday. “I take full responsibility for my actions. It had been a very stressful day. Some of my teammates were leaving because of pressure from their families and business associates. My dream of basketball diplomacy was quickly falling apart. I had been drinking. It’s not an excuse but by the time the interview happened I was upset. I was overwhelmed. It’s not an excuse, it’s just the truth.”Rodman said he wanted to apologize first to Bae’s family. “I’m very sorry. At this point I should know better than to make political statements. I’m truly sorry.”In the interview, Rodman was asked whether he would raise the issue of Bae during his visit.“Kenneth Bae did one thing,” Rodman said. “If you understand what Kenneth Bae did — do you understand what he did in this country?”Asked to explain, Rodman declined to respond.Bae, a Korean-American Christian missionary and tour operator based in China, has been detained for more than a year. North Korea sees missionary work as a threat to its authoritarian government.Bae’s sister, Terri Chung, said his family couldn’t believe what Rodman had said.“Here’s somebody who is in a position to do some good for Kenneth and refuses to do so,” Chung told KOMO Radio in Seattle on Wednesday. “And then after the fact, instead, he decides to hurl these unqualified accusations against Kenneth. It’s clear he has no idea what he’s talking about. I’m not sure who he’s talking to, where he’s getting his information, but he’s certainly no authority on Kenneth Bae.”The U.S. State Department distanced itself from Rodman and said it did not want to “dignify” his activities or comments in Pyongyang by commenting on them. But spokeswoman Jen Psaki said the department was open to speaking with Rodman on his return.“We have not reached out to him. We’ve said before, if he wants to reach out to us, we’re happy to hear from him and what he has to say,” she told reporters.Rodman dedicated the game to his “best friend” Kim, who along with his wife and other senior officials and their wives watched from a special seating area. The capacity crowd of about 14,000 at the Pyongyang Indoor Stadium clapped loudly as Rodman sang a verse from the birthday song and then bowed deeply to Kim, seated above him in the stands.Rodman said he was honored to be able to play the game in the North Korean capital and called the event “historic.” Some members of the U.S. Congress, the NBA and human rights groups, however, say he has become a public relations tool for North Korea’s government.The government’s poor human rights record and its threats to use nuclear weapons against South Korea and the United States have kept it a pariah state. Kim shocked the world in December by having his uncle, once considered his mentor, executed after being accused of a litany of crimes including corruption, womanizing, drug abuse and attempting to seize power.Rodman has refused to address those concerns while continuing to forge a relationship with Kim.Rodman is the highest-profile American to meet Kim, who inherited power after the death of his father in late 2011. Rodman has said he is not a statesman and instead is seeking only to build cultural connections with the North through basketball that may help improve relations between Pyongyang and Washington. read more

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Dolphins Suspend Don Jones For Tweet About Michael Sam

Miami Dolphins safety Don Jones tweeted “horrible” when Michael Sam became the first openly gay player to be drafted in NFL history, and it has cost him an undisclosed amount fine and suspension from the team until he “completes educational training” for his actions, according to the club.Sam, the former Missouri linebacker was selected by the St. Louis Rams, with the next-to-last pick in the draft. His reaction—including tears and a kiss from his male friend—was captured on television, prompting Jones to post on Twitter: “OMG. Horrible.”In the NFL, which is seeking to create a culture of sensitivity, Jones’ reaction was not welcomed, even if it represented many others’ views, too.“I want to apologize to Michael Sam for the inappropriate comments that I made last night on social media,” Jones said in a statement released by the team. “I take full responsibility for them and I regret that these tweets took away from his draft moment. I remember last year when I was drafted in the seventh round and all of the emotions and happiness I felt when I received the call that gave me an opportunity to play for an NFL team, and I wish him all the best in his NFL career. I sincerely apologize to Mr. Ross, my teammates, coaches, staff and fans for these tweets. I am committed to represent the values of the Miami Dolphins organization and appreciate the opportunity I have been given to do so going forward.”“We met with Don today about respect, discrimination and judgment, coach Joe Philbin said. “These comments are not consistent with the values and standards of our program. We will continue to emphasize and educate our players that these statements will not be tolerated.”Rams head coach Jeff Fisher told NFL Network soon after Sam was picked that he didn’t anticipate issues about his sexuality.“I don’t have any concern whatsoever. We drafted a good football player,” Fisher said. “I’m excited to get him on the practice field and get him going so yeah, there’s gonna be a little extra tension for a couple days, but Michael was the SEC co-defensive player of the year.”Sam had 11 1/2 sacks last season for Missouri. Many believe he would have been selected higher had he stayed essentially in the closet. NFL scouts, of course, likely would have learned he was gay after they began evaluating prospects after the season, since Sam was out to his college teammates — and there was a strong chance of him being outed against his will. read more

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How Georgia Can Beat Alabama

201730–6–1.70 Before Alabama’s Tua Tagovailoa became a household name in last season’s national title game, the Georgia Bulldogs had a 13-0 lead and were 30 minutes away from the program’s first championship in nearly 40 years. To start the second half, Nick Saban plugged in the freshman quarterback from Hawaii, and Tagovailoa rallied the Crimson Tide to an overtime victory, adding to the team’s already overflowing trophy case.Kirby Smart and the Bulldogs retreated with their tails tucked between their legs.This weekend’s SEC title game, then, represents the rematch. And once again, Tagovailoa and the Crimson Tide stand in Georgia’s way.It’s ridiculous to think there’s a blueprint for beating Alabama when they’ve looked so dominant, outscoring opponents 588 to 165 this season. But there are a few areas where Georgia may have an advantage.Of course, Georgia doesn’t want to get baited into a shootout with arguably the nation’s best offense. Of course, limiting possessions and muddying up the game are a more optimal approach. Of course, Tagovailoa should be kept off the field as much as possible.All of this starts with running the ball. 201528–5–1.39 Perhaps the most underappreciated storyline in the SEC can be found in Athens. Running backs Sony Michel and Nick Chubb were selected in the first two rounds of this year’s NFL draft, and Georgia’s run game improved.This season, the two-headed monster of Elijah Holyfield and D’Andre Swift has run buckshot through the SEC. Each will likely eclipse the 1,000-yard mark. Largely behind the two, the Bulldogs have over their last four games rushed for 1,345 yards, more than nine teams have accumulated all season. Georgia has the conference’s top rushing attack, gashing opposing defenses for 259.8 yards per contest on 6.3 yards per attempt, and leads the conference in total rushes of 10-plus yards (102) and 20-plus yards (35).Now, it seems silly to nitpick an Alabama defense that has allowed only six rushing touchdowns all season and ranks in the top 15 in both rushing yards allowed per contest (114.0) and rushing yards allowed per carry (3.3) … but we’re going to do it anyway. If Alabama’s ultra-young defense has had difficulty with anything, it’s mitigating explosive plays. Over 12 games this season, the Crimson Tide has allowed 13 carries of 20-plus yards, tied with five teams for 35th-fewest in the nation. On top of that, the Tide defense has also allowed 38 carries of 10 or more yards. Both numbers are the most Alabama has allowed through 12 games since 2011: 2017127.22 Source: Espn Stats & Information Group SeasonNat’l RankRush EPA/Game Season10+ yards gained20+ yards gainedYDS. After 1st Contact/Rush Alabama is vulnerable on the groundBig runs given up by the Crimson Tide defense and yards given up after first contact on a running plays each year (through 12 games) since 2011 201330–5–1.64 201633–6–1.36 201121–5–1.39 Yards after contact data is unavailable before 2011.Source: Espn Stats & Information Group Georgia’s expected points added per game on running plays during seasons under Kirby Smart 2018107.85 201433–7–2.13 Number of Opponent Rushing Plays with … 201223–6–1.47 201838–13–2.46 2016681.91 Opponents are running through Alabama tacklers like never before, too. This season, the Tide has allowed 2.46 yards after contact per carry, which is the worst performance for Alabama through the first 12 games of a season since 2011, the earliest year for which data is available. Of note: Only Memphis has gained more yards after first contact this year than Georgia.Of course, Tagovailoa is the closest thing to a cheat code in college football this season and could render these potential advantages for Georgia moot. The sophomore has racked up more passing touchdowns in the first half of games (27) than all but 21 schools1Excluding Alabama. have scored over the entire season. But this is an elite Georgia defense that could be Tagovailoa’s biggest test this season.The ultimate irony would be if a quarterback change by Smart decided the outcome of Saturday’s game. Jake Fromm has capably commanded the Georgia offense this season and has been sensational since his tepid showing during the team’s lone loss, which came against LSU. But Justin Fields, one of the most sought-after recruits from the 2018 class, has an uncanny athleticism that adds another potential threat to an already devastating offense. At receiver — again, the irony — Riley Ridley (brother of former Alabama star Calvin Ridley, who scored a touchdown in last season’s title game) has elevated his game this season. Fromm and Fields will look to Ridley, the team leader in receiving touchdowns, to take the top off the Alabama defense.If the game comes down to the wire, Georgia should be the more confident team. Long the Achilles’ heel of Saban-led teams, special teams could be what holds Alabama back. Kicker Joseph Bulovas has missed four of 16 field-goal attempts and has botched five extra points. And while the Crimson Tide ranks in the top two in offensive and defensive efficiency, it ranks a dismal 87th in special teams efficiency. “It’s not really acceptable,” Saban said earlier this month.Conversely, Rodrigo Blankenship, the bespectacled Georgia sensation, has been among college football’s most accurate kickers, nailing 19 of his 22 attempts and all 58 of his extra points. Georgia’s special teams rank far better than Alabama’s, landing at No. 38 in efficiency.It speaks to the sheer dominance of Alabama that Las Vegas sportsbooks installed the Crimson Tide as double-digit favorites against Georgia. But this is a dangerous underdog with all the trappings of a dominant squad. Some metrics consider the Bulldogs among the two best teams nationally. They won’t be short on motivation, if nothing else, as they seek to avenge last season’s loss when the lights were brightest.Check out our latest college football predictions. read more

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Five questions to ask about Ohio State – Illinois

1. Will Terrelle Pryor continue taking care of the ball on the road? Pryor is third in the Big Ten in total offense with 302 yards per game. He is the reigning Big Ten Player of the Week after recording six total touchdowns last week against Eastern Michigan. But the key stat for No. 2 is that he has only turned the ball over twice this season. OSU becomes nearly unbeatable if Pryor takes care of the football, but this is the first time the Scarlet and Gray have played away from Ohio Stadium this season. 2. Can “Boom” and “Zoom” get on track? Between them, Dan “Boom” Herron and Brandon “Zoom” Saine have six rushing touchdowns and 361 yards rushing. Even their yards-per-carry average of 4.6 (Herron) and 4.7 (Saine) are solid. But anyone who has watched the first four games would say these two running backs could do better. Saine appears to be having trouble changing direction and finding the right holes. Herron has trouble breaking past the second level of the defense. Right now, Pryor is OSU’s leading rusher. 3. Will the Illini break OSU’s 100-yard individual rusher streak? Illinois running back Mikel LeShoure has rushed for more than 100 yards in each of the Fighting Illini’s three games in 2010. It has been 27 games since the OSU defense allowed a 100-yard rusher. The “Silver Bullets” have only allowed seven 100-yard rushers since the start of the 2005 season, fewest in the nation. Something’s got to give. But consider this: Illinois has played Missouri, Southern Illinois and Northern Illinois to open the season. Chances are LeShoure will have trouble getting to the century mark. 4. Does anyone know what Illibuck is? Whenever OSU and Illinois meet, the Illibuck trophy is at stake. The original Illibuck was a live turtle. But the grind of traveling back and forth between Champaign and Columbus took its toll and Illibuck died in the spring of 1927. His successor, a wooden replica, has been used ever since. Members of two of the schools’ junior honorary societies meet at halftime of the game to award Illibuck to the previous year’s winning school. OSU leads the series 62-30-4 and has a 33-12 advantage in Champaign. 5. Will OSU have another close call in Memorial Stadium? Although Illinois’ last victory over OSU in Champaign was nearly 19 years ago, a 10-7 win on Oct. 12, 1991, the last four times OSU has visited Memorial Stadium, the scores have been close. OSU won 24-21 in 2000, 23-16 in overtime in 2002, 17-10 in 2006 and 30-20 in 2008. However, none of those OSU teams boasted the combination of a high-scoring offense (third in the nation in points) and suffocating defense (No. 19 in points allowed). Coach Jim Tressel said the difference between playing at home and playing on the road is pretty clear-cut in terms of dealing with hardship during the game. “You’re going to have some adversity,” Tressel said. “You’re not going to have that crowd there to help you through it. So you better play as well or better than you’ve ever played this year if you want to be successful.” read more

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Recent Wilmington Real Estate Transactions

first_imgWILMINGTON, MA — Below are real estate transactions in Wilmington during the week of October 14, 2018:Address: 34-R Cottage StreetPrice: $535,000Buyer: Mohamed A. AliSeller: Gerald O. Duffy & Elizabeth DuffyDate: 10/15/18Use: 1-Family ResidenceLot Size: 21,344sfAddress: 15 Dorchester StreetPrice: $595,000Buyer: John Leverone & Lorena LeveroneSeller: Donna M. BrittDate: 10/17/18Use: 1-Family ResidenceLot Size: 20,038sfAddress: 3 Englewood DrivePrice: $550,506Buyer: Meghan Celli & Joseph CelliSeller: Sarah R. Hamel, Trustee for Wallace & Hubbard IRTDate: 10/15/18Use: 1-Family ResidenceLot Size: 22,651sfAddress: 48 McDonald RoadPrice: $375,000Buyer: Nathan Wilson & Ashley WilsonSeller: Robin McCarthyDate: 10/16/18Use: 1-Family ResidenceLot Size: 61,420sfAddress: 9 Mystic AvenuePrice: $510,000Buyer: Alex KreymerSeller: Brian HubbardDate: 10/17/18Use: 1-Family ResidenceLot Size: 11,326sfLike 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… RelatedRecent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”last_img read more

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US House votes against Trump impeachment

first_img IBTimes VideoRelated VideosMore videos COPY LINK IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:34Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:33?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Close Close Trumps Stands By Racist Tweets About Freshmen Congresswomen: If Youre Not Happy, You Can Leavecenter_img US President Donald TrumpReutersThe US House of Representatives has killed a resolution to impeach US President Donald Trump over his “racist” tweets against four Democratic lawmakers.The House on Wednesday voted 332-95 to table the bill, signifying a deeply divided Democratic Party on whether to impeach Trump, especially after Trump fired racially charged tweets at progressive lawmakers that evoked outcry from both sides of the aisle, Xinhua reported.House Speaker Nancy Pelosi tried to persuade fellow Democratic lawmakers that impeaching Trump was not the best strategy, but frustration against the Trump administration over immigration policies, obstruction of justice allegations and personal attacks on political opponents gave a sizable portion of House Democrats enough reason to rebel against the party leadership and back impeachment proceedings.Trump on Sunday told a group of four ethnic minority female lawmakers to “go back” to the “places from which they came,” and later doubled down on his position in saying that the lawmakers “hate” the US. Alexandria Ocasio-Cortez, Ayanna Pressley, Ilhan Omar, Rashida Tlaib Respond To Trumps Racist Tweets The remarks received universal criticism from the Democratic Party, and many Republican lawmakers also said such statements were inappropriate.The US House of Representatives voted Tuesday to condemn Trump for the remarks, with four Republican lawmakers joining the ranks of Democrats in supporting the bill.According to the Pew Research Center, there are currently 52 voting members in the House and 16 members in the Senate who are immigrants or children of immigrants, most of them are Democrats.last_img read more

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Former cricketer and CSK manager VB Chandrasekhar found dead suicide suspected

first_imgDevastated to hear that VB Chandrasekhar has passed away. I remember him in the first ever IPL auction in 2008, raising the paddle to the unheard sum of $ 1.5 million dollars to bring MS Dhoni to CSK. He will be missed.— Joy Bhattacharjya (@joybhattacharj) August 15, 2019 VB Chandrasekhar.TwitterFormer Indian cricketer VB Chandrasekhar was found dead at his residence in Chennai on Thursday. The former Indian opener was found hanging and according to police sources, he might have committed suicide, reported NDTV. According to other reports, initially it was suspected that he might have died due to cardiac arrest but later the police confirmed that he committed suicide. The police have said financial liabilities connected to his Tamil Nadu Premier League team “VB Kanchi Veerans”, may have led to the dire act. However, no suicide note has been recovered.”Financial liabilities appear to be the reason,” a senior police officer told NDTV.The former Indian cricketer is survived by his wife and two daughters. Chandrasekhar played his debut first-class match at the age of 25. He then went onto score 4,999 runs in the 81 matches he played with a career best of 237 not out. He had an average List A career scoring 1053 runs in the 41 matches he played.The 57-year-old cricketer who was six days short of his birthday represented India in seven ODI matches but due to poor performances, his career was short-lived. Post-retirement he was involved in coaching and commentary. The former right-handed batsman was also a national selector for sometime after which he had his stint as a manager of the Chennai Super Kings team for three years. Chandrasekhar was the person behind Mahendra Singh Dhoni’s arrival into Chennai Super King. The whole cricketing fraternity was shocked by his sudden demise and took to Twitter to write down their tribute to the former wicket-keeper batsman.Harbhajan Singh Anil Kumble and VVS Laxman expressed their disbelief and expressed condolences for his family and friends.”Very shocking to hear VB Chandrashekhar indian cricketer is no more.. very sad news .. very young to go.. rest in peace VB.. Big lose condolences to the family,” Harbhajan wrote.Very shocking to hear VB Chandrashekhar indian cricketer is no more.. very sad news .. very young to go.. rest in peace VB.. Big lose ☹️ condolences to the family @CSKFansOfficial @ChennaiIPL @BCCI— Harbhajan Turbanator (@harbhajan_singh) August 15, 2019″Terrible news…VB…too soon. Shocking! Heartfelt condolences to his family and friends,” Kumble tweeted.Terrible news…VB…too soon. Shocking! Heartfelt condolences to his family and friends. — Anil Kumble (@anilkumble1074) August 15, 2019″Deeply saddened and shocked to know about the demise of my good friend VB Chandrashekar. Heartfelt condolences to his family. May his soul RIP,” Laxman wrote.Deeply saddened and shocked to know about the demise of my good friend VB Chandrasekhar. Heartfelt condolences to his family. May his soul RIP.— VVS Laxman (@VVSLaxman281) August 15, 2019Indian cricketer Suresh Raina mentioned what a crucial role he played for the foundation of CSK. Former team director of KKR Joy Bhattacharya also mentioned how instrumental he was in bringing MS Dhoni to CSK.Extremely sad & shocked to hear about the passing away of VB Chandrasekhar sir. His consistent efforts made it possible to set the right foundation of the CSK team. He always encouraged & believed in us since very beginning. My deepest condolences to the family. pic.twitter.com/g2mtq8wRos — Suresh Raina (@ImRaina) August 15, 2019last_img read more

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PM for chain of command in armed forces

first_imgPrime minister Sheikh Hasina joins President’s Guard Regiment’s 43rd founding anniversary function at Dhaka Cantonment on Thursday. Photo : BSSPrime minister Sheikh Hasina on Thursday laid importance on chain of command at all levels in the armed forces.She said that command channel in force is one of the main features of a disciplined force to perform its duties and achieve the desired goals.“Effective command channel plays an important role in resolving any action in the army. I believe that if you maintain respect and loyalty to the commanders at all levels, then it is possible to accomplish any work together with skill, discipline and morality,” she said.The prime minister made the observation while speaking at a function at Dhaka Cantonment on the occasion of President’s Guard Regiment’s 43rd founding anniversary.Sheikh Hasina said her government has set specific target to free the nation from hunger and poverty by 2020 when the nation would celebrate the birth centenary of the Father of the Nation.Along with overall national development, she said the present government is also working on the development of the Armed Forces. “The development of the Armed Forces has only been done during our time,” she said.On her arrival at the PGR headquarters, the prime minister was received by army chief general Aziz Ahmed and PGR commander brigadier general Md. Jahangir Harun. A smartly turned out guard presented state salute to the prime minister.The prime minister exchanged pleasantries with all officers and junior commissioned officers. She also met the relatives of the officials who died on duty and gave them gifts and donations.Prime minister’s security adviser major general (retd) Tarique Ahmed Siddique, navy chief admiral Nizamuddin Ahmed, air chief air marshal Masihuzzaman Serniabat, Armed Forces Division principal staff officer Lt general Md. Mahfuzur Rahman, defense secretary Akhter Hussain Bhuiyan, military secretary to the prime minister major general Mia Md. Zainul Abedin and PM’s press secretary Ihsanul Karim and senior military and civil officials were present.Focusing on the country’s development during the tenure of her government, the prime minister said the government is working amid many challenges. Referring to the false allegations of corruption by the World Bank, she said the government is constructing the Padma Bridge with its own resources.“As a recognition of development and progress, Bangladesh has already reached the developing world from the LDCs,” she said adding that the country has also entered a new era through launching of Bangabandhu Satellite into space.Sheikh Hasina praised the role of the army in constructing temporary shelter centers as well as taking responsibility for distributing relief materials among Rohingyas who fled their homes in Myanmar for the forced evictions. “Your hard work has made your image brighter at home and abroad,” she said.The prime minister extended her sincere greetings and congratulations to all members of the guards’ family on the occasion of its founding anniversary of the regiment.Sheikh Hasina said as the head of the government, she witnessed the regiment from very close and is impressed with their work, responsibility and devotion.“I know that you are specially selected and trained from Bangladesh Army for this regiment. I have faith and belief that you will always do your duty sincerely, in accordance with professionalism, loyalty and discipline,” she said.“Braving all adverse weather, night and day, your sincere duties are highly appreciated. It is my expectation that you will work honestly to keep this reputation,” she added.Sheikh Hasina said her government first introduced risk allowances for PGR, considering the risks of guards at work.She informed that  the President Guard Regiment was reconstructed and made stronger than before to increase its abilities.She said that in 2013, the President Guard Regiment was declared as a separate formation.The prime minister informed that the government has addressed the housing problem of the regiment by creating a barrack adjacent to Ganobhaban.“The construction of a 14-storied building for the Guards family is also underway in cantonment”, she said adding that she hopes the construction will be completed soon.Sheikh Hasina said she always prays to Allah for her security guards so that they always live well.last_img read more

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To ace your PhD program interviews prepare to answer—and ask—these key questions

first_imgGrad school interviews—in which aspiring graduate students meet with prospective advisers, colleagues, and other students—are opportunities to connect, engage in scientific conversations, and get a hands-on feel for the graduate programs and broader communities. To make the most of them, you need to prepare in advance so that you can confidently and thoughtfully answer questions from faculty and department members who are deciding whether they want to invite you to join them. You should also ask your own questions to figure out whether the program is right for you. You’ve made it to the last step of the Ph.D. application process: the interview. Congratulations! But amid the excitement and butterflies, don’t neglect the crucial next step: preparation. To get you started, here are 10 common questions to prepare for. Read the whole story: Sciencelast_img read more

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BJP booth level leader shot dead in West Bengal

first_imgBurdwan(WB): A BJP booth level leader was shot dead and a party worker seriously injured when unidentified miscreants attacked them in West Bengal’s Paschim Burdwan district, police said Monday. The BJP booth level president, Sandip Ghosh and party worker, Jaidip Banerjee, were returning home after attending a meeting when they were attacked by the miscreants at Malandighi Saraswatigunj area of the district on Sunday night, they said. Banerjee has been admitted to a private hospital in Durgapur, they said. Bijay Ghosh, the father of the deceased, said his son had told him that he was going to attend a picnic. The BJP alleged that Ghosh was killed by TMC goons. Denying the allegations, a Trinammol Congress district leader said that BJP’s internal party rivalry was responsible for Ghosh’s death.last_img read more

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These Siblings Want to Open Up the Movie Theater Experience to NonEnglish

first_img 3 min read Hear from business owners and CEOs who went through a crippling business problem and came out the other side bigger and stronger. Problem Solvers with Jason Feifer December 7, 2016center_img Listen Now For many families, especially during this time of year, going to the movies can act as both a tradition and an easy way to spend time with each other. But for Olenka Polak and her family, “a trip to the movies together was just non-existent,” Polak says.That’s because the Polak and her brother Adam grew up in a multilingual household, with Polak’s parents mainly speaking Polish. The siblings always wanted to figure out a way that their parents could enjoy movies and understand all their nuances and cultural references.In 2012, while she was a student at Harvard, it occurred to the siblings that there are studio-produced dubbed audio tracks on both DVD and internationally releases of films. They then came up with idea for myLingo.Related: 18 Movies Every Entrepreneur Should Watch It’s an app that enables moviegoers to download a Spanish language audio track onto their phones. The app syncs to the action on screen, and the phone’s microphone captures and calibrates the sound to get the full experience of what is happening — from the dialogue and sound effects to the soundtrack. While Spanish is the first language available, the Polaks are currently at work on providing more languages.”Since initiating our beta program, we’ve had tens of thousands of users download and test out myLINGO,” Polak says. “We now have some amazing studio partners on board and are working to build out even more as we prepare for a formal commercial launch next year.”Related: 5 Movies With Great Lessons for Entrepreneurs Those official studio partners are Disney, Paramount and Sony, and the company is also working with Regal Entertainment Group and Cinemark Theaters, two of the top three exhibitors in the industry.  The pair have worked over the past four years to develop a proprietary algorithm and figure out how to make the platform helpful for moviegoers. For example, users listen to the alternate track through headphones, and in the event the headphones become unplugged, the audio simply stops — it doesn’t start blasting out to the theater.The central hurdle was getting industry buy-in from the studios and movie exhibitors, including developing a training program for movie theater staffers to be able to tell the difference between someone using myLingo and someone who was pirating the movie.Related: 14 Inspirational Movie Quotes for Entrepreneurs “This is the first time that Hollywood studios have allowed for their content to be on an app platform during a theatrical window,” Polak says. “We had to make sure our content security protocol could fight through the fiery hoops of studio requirements. We are one of the very first apps that major circuit exhibitors have endorsed.”And with these big name partnerships, the Polaks have their eyes on getting all of the major studios to jump on board, not just in the United States, but overseas. “No matter where you are in the world,” Polak says, “you can listen in your language.”last_img read more

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Sony Pictures Television Networks is to launch a G

first_imgSony Pictures Television Networks is to launch a German version of its Sony Entertainment Television channel.The channel will begin broadcasting in the spring following a carriage deal struck between SPT Networks Germany and Deutsche Telekom. Sony Entertainment Television will be part of Deutsche Telekom’s IPTV Service, Entertain.Sony Entertainment Television in Germany will target women over 30 with a line-up of dramas, comedies and movies from the US and Europe.Bettina Hermann, network director, SPT Networks Germany, said: “Sony Entertainment Television is one of SPT’s leading global channel brands and we are very proud to bring it to Germany with Deutsche Telekom. Like all our channels here, the schedule will be tailored for the German speaking audience, with US blockbuster and first run series as well as high quality European and German telefilms. Moreover, with its mainly female target, Sony Entertainment Television will broaden the reach of our portfolio.”SPT Networks’ German portfolio includes action and entertainment channel, AXN, which is also available in HD, and animé and lifestyle channel, Animax.last_img read more

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PROMOTED POST Its back by popular demand Derry

first_img PROMOTED POST:It’s back by popular demand!Derry’s Waterfoot Hotel has brought back its 2 for £12 meals. That’s 2 course for just £12 – just choose from the mouth-watering menu.It’s available from 5.30pm Monday to Friday.Reservations are on 02871 345500.WATERFOOT HOTEL BRINGS BACK ITS 2 FOR £12 DINNER DEAL was last modified: January 14th, 2015 by John2John2 Tags: ShareTweetcenter_img 2 for £12WATERFOOT HOTELlast_img

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In This Issue… Currencies rally strongly this m

first_imgIn This Issue… * Currencies rally strongly this morning… * Home Prices keep falling… * Baby steps for stabilization… * Carney has harsh words for U.S. economy… And, Now, Today’s Pfennig For Your Thoughts! The Golden Scenario… Good day… And a Marvelous Monday to you! And Happy Chinese New Year! The NFL Championship games yesterday were very entertaining, eh? The two brothers that coach different teams went from a chance to match wits in the Super Bowl, to going home… Too bad… it would have been a good story. Should be an interesting week, as the ECOFIN people meet, and Greece is still working on their debt, and… this will be my first full week of work in over a month, so all-in-all, pretty interesting! What I also found interesting on Friday, was the price action of Silver… I don’t know if you follow Silver or not… I do, very closely, I might add! But Silver was outperforming Gold by a long shot, rising over $1 on the day, which you don’t normally see in the Silver price action. My colleague, Aaron yelled over the desk and asked me what was going on with Silver, as he too watches it closely… I couldn’t really find anything out there, so the thought came to me very quickly, that Silver must be playing “catch-up”… I don’t know if you follow this stuff or not, and I don’t really put that much emphasis on this, but from time to time I come back to it, and that is the Gold/Silver ratio… but what was once thought as a real indicator for Silver, has to be pushed to the back of the closet these days, for the Gold-Silver ratio has spread out to over 50:1… That’s pretty crazy stuff… and doesn’t look right… So, maybe, just maybe, Silver was playing catch-up to Gold, which had gained over $90 so far this year, and Silver’s gains were negligible until Friday… Both metals are up this morning, so we have that going for us, eh? The Aussie dollar (A$) touched $1.05 this morning, and is spittin’ distance from the figure now. And, looky there, it’s back over $1.05! Just like that! I would say that the A$ is benefitting from a lower than expected PPI (wholesale inflation index) number… Which indicates to me that the markets still have an appetite for rewarding currencies that have been debased to promote growth. If you’re an Aussie bond holder, this is what’s called the “golden scenario”… That’s when rates are being cut, and the currency maintains its value or even increases in value. The bonds & currency rallying, = the golden scenario… When I was a foreign bond trader, I saw this happen only a few times… I saw it Germany in the mid 90’s, and in Aussie and New Zealand around the same time… I haven’t traded foreign bonds since 1998, and don’t recall if there were other instances since then. But, it’s happening now… The thing about the golden scenario, is that it doesn’t last long… The euro begins another week as the most talked about currency, with the U.S. dollar coming in second, and the renminbi placing third. The euro is trading above 1.29 this morning, as it has range traded for over a week now, but around the 1.29 level, which is probably driving the analysts that have called for a collapse of the euro, crazy… I’ve told you probably 3 or 4 times since the year began what I think the euro will do this year… So, as to not beat a dead horse (no animals were hurt), I’ll go to what I really want to point out this morning about the euro… In the past couple of weeks, we’ve seen the economic data from Germany to be better than forecast for them. We’ve seen the Italian and Spanish bond auctions go quite well, with more bonds sold than planned and at lower yields! And money market rates have eased… I talked about the beginnings of a stabilization here on Friday, and I just can’t help but think that this is just the beginning. Now that doesn’t mean that everything we see from here on out from the Eurozone is good… baby steps, wobble, go backwards sometimes, and even stumble… So… we have that to watch for. Well, every winter, about 2,600 political, business and financial leaders in Davos, Switzerland for a 5-day boondoggle. There are always some very good sound bites from Davos, and this year will be no different. You’ll see the Eurozone contingent continue their attempt to calm the markets, and then you’ll have the euro naysayers, like George Soros doing his best to deep six the euro… Speaking of deep sixing something… I can’t put enough emphasis on this folks, but the Asian countries are removing dollars from their terms of trade. One by one, the Asian countries draw up new currency swap agreements, that basically exchange the two countries’ currencies, and removes dollars from the terms of the trade. This has long been one of the benefits to having the reserve currency of the world, for if two countries wanted to trade Oil, they would have to convert their currencies to dollars and settle the transaction in dollars. This kept dollars in each country’s reserves by the truck loads… But, first it was China alone signing swap agreements to remove dollars from the terms of trade. Then Russia joined in, and now India is jumping on the bandwagon. India and Iran have signed a currency swap agreement for Oil… Now… let me be clear here… I do NOT want to see this happening, for I live here, work here, and use dollars for my gas, groceries and giggles. And… once I’m gone, my kids and grandkids will learn what it’s like to not have the reserve currency of the world… It’s a sad thing… However, since I began writing in 1992, I have always made it a point to not let my love of country get in the way of telling like it is… I was even called unpatriotic years ago… and that hurt! But… at the same time, I warned and warned about the growing debt, and people thought I was nuttier than a fruitcake. Well… when countries turn away from using your currency, I think I speaks volumes… So… how does that fruitcake taste these days? Last Friday, we saw the latest Existing Home Sales data, which was pretty strong… But here’s the thing I keep harping about… Home Prices… The national median sales price of existing homes fell 2.5% in December year-on-year. This is the thirteenth straight monthly decline in home prices. Foreclosures and short sales accounted for 32% of the total sales… So, all in all, I would say the data was not good… 1/3rd of the sales were forced by foreclosure, and the median home price fell 2.5%… I don’t think home prices have found a bottom yet… One of the reasons I feel strongly about that is the fact that the “robo-signing” case that held up foreclosures in 2011, has been settled, which means foreclosures could really ramp up in 2012, pushing prices downward. The data cupboard is empty today and doesn’t really get restocked later this week… We will have a FOMC (Fed Reserve) meeting on Wednesday, but since the Fed told us that interest rates are going to remain at current levels until mid 2013, this is a little anti-climatic, eh? OK… back to the currencies… Well… I guess the Bank of Canada’s (BOC) bunker mentality is beginning to pay off for them, but I’m sure they didn’t really think that this would happen… The “this” I’m talking about is a larger than expected drop in consumer inflation. Canadian CPI fell .%6% in December from the previous month, and the year-on-year rate stands at 2.3%… Still higher than the target rate of 2%, but moving in the right direction as far as the BOC is concerned… The Canadian dollar / loonie took the data and digesting it, moved lower… The loonie is attempting a rally this morning trying desperately to grab onto the coat tails of the Aussie dollar. Remember when I told you that we could see a “pop” in the Swiss Franc, should then Swiss National Bank (SNB) President, Hildebrand, resign, as the markets would want to test the resolve of the new President? Well… Let’s see… the franc has really been on a run in the past 10- days and has climbed back to a dollar price of $1.0750… After falling to a $1.04 handle… I think this is simply the markets testing the SNB, folks… nothing to hang one’s hat on for any extended period of time… Leave this to the “traders”… Ok… I mentioned at the top, and then forgot to talk about it until now… But the Greek / private creditors meetings have stalled on a deadlock over the interest rates to be paid. People close to the meetings still believe that an agreement will be ironed out soon. Did you see what the Bank of Canada’s Gov., Mark Carney, had to say about the U.S. economy? Well, you had better sit down for this… Mr. Carney said that the “U.S. economy might never recover.” He went on to say that, “it will take many more years for the U.S. economy to get back on its feet, and it might never completely recover. In fact, they are not in our opinion ultimately going to get back fully to the U.S. we used to know.” Then he made a statement that qualifies him as a recent addition to the “Mr. Obvious Club”… when he said, “If Canada is to grow it must look beyond the U.S. for trading partners.” Then there was this… my friend, and former colleague, David Galland, did it again this past weekend… He wrote something that made me want to pump my fist in the air, and say “Yes”! I don’t have the room here to do him justice, but he wrote about the U.S. Government meddling in the economy and in private business… If that’s the stuff that interests you, and I would hope it did… then click here and read the first part of the letter on Government meddling: after clicking the link, then click on the “contrarian’s View of Argentina”… http://www.caseyresearch.com/ To recap… Currencies are in rally mode this morning, along with Gold & Silver. Silver outperformed Gold big time on Friday… just playing catch-up I think. The ECOFIN meeting begins today, and Greece is still working with the private creditors on an agreement. FOMC meeting this week is a non-event. And the data cupboard is empty today. Currencies today 1/23/12… American Style: A$ 1.0550, kiwi .8125, C$ .9905, euro 1.2990, sterling 1.5565, Swiss $1.0765, … European Style: rand 7.9365, krone 5.9070, SEK 6.76, forint 233, zloty 3.3050, koruna 19.5660, RUB 32.69, yen 76.90, sing 1.2670, HKD 7.76, INR 50.08, China 6.3390, pesos 13.14, BRL 1.75, Dollar Index 79.90, Oil $98.32, 10-year 2%, Silver $32.73, and Gold… $1,677.15 That’s it for today… Congrats to the Giants and Patriots, good luck in the Super Bowl… I really don’t care for either team, but will root for the Giants. I still have a bad taste with the Patriots because of spygate… Well… I heard from my darling daughter Dawn on Friday… She reminded me that little Delaney Grace was going to be in her first musical Friday night and then again on Saturday night. All three grandkids were at the house yesterday, one starting crying for no reason, and the next thing we knew, all three were crying for no reason… Ahhh, we’ll all be together in March for a week! I had to laugh at them… OK… fun a the Butler House! And with that, we’ll head into the last full week of January… I hope you have a Marvelous Monday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.comlast_img read more

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Pigs Get Slaughtered Consider this In 1975 109 c

first_imgPigs Get SlaughteredConsider this: In 1975, 109 companies produced 50% of earnings. In 2015, just 30 companies accounted for half of all the earnings from all U.S.-listed companies.That means the earning power of public companies is concentrated in a shrinking number of firms. As a result, investors have fewer choices today than at any other time—maybe ever.But why? Well, the Federal Reserve has had a lot to do with it. You see, the Fed’s been running an ultra-low interest rate experiment over the past 20 years.This has made borrowing money easy, even for people who don’t need the money. After all, it’s not too hard to pay interest on a 0% loan. Now, you and I can’t borrow money that cheaply… But the most connected borrowers can.As a result, the private equity industry has been one of the biggest beneficiaries of this money experiment.In case you’re not familiar with the private equity industry, here’s how it works… High-net-worth investors pledge cash to a specific fund. Once the fund raises its target amount of money—say $200 million—it closes to additional investment. It also closes the door for investors to pull money out.The fund’s managers then take the $200 million in cash and borrow an additional amount. This can turn $200 million into $1 billion of buying power. Keep in mind, the managers receive 2% of the $200 million invested each year. That gives them $4 million to pay their salaries and expenses while they invest the funds.I’ve seen this play out firsthand.Just after college, I worked as a sales rep for a manufacturing firm. We produced mattresses in 26 factories across the U.S. The owners sold the company for $800 million to a private equity firm. Within months of taking over, I learned that the private equity firm took out a massive loan against the business.Here’s what’s interesting. They didn’t use that money to invest in new factories or equipment. Instead, they paid a huge dividend—equal to almost the entire purchase price—to themselves. This meant that the business merely had to generate enough income to service the massive loan. If it could do that, its private equity firm owners had a risk-free investment.It gets better. These firms also capture 20% of any profit they generate when they sell assets. In this case, if they resold the firm a few years later for $1 billion, they’d collect another $40 million in incentive fees.This type of investing went mainstream in the 1980s. And it only grew from there. Today, it’s officially out of control. It’s a large part of why there are so few public companies remaining today… and this wave of consolidation is just getting started.Just look at the chart below. It shows how much cash private equity firms are sitting on today.You can see that private equity firms are sitting on a staggering $1.7 trillion in cash. That’s equal to 9% of the entire U.S. economy’s annual output… just sitting in cash.In the coming years, these private equity firms will use this cash hoard to take businesses private, load them up with debt, pay themselves rich dividends, and then leave the companies for dead… just like they recently did with Toys “R” Us.The good news is that you can turn this market phenomenon into huge profits by buying takeover targets or highly successful serial acquirers.In my first issue of Strategic Investor, I told my readers about one such company. You can learn about that company by taking my brand-new advisory for a test drive.Regards,E.B. Tucker Editor, Strategic InvestorJustin’s note: Keep your eyes peeled for tomorrow’s Dispatch, where I’ll talk more about E.B’s big idea. Specifically, I’ll show you which sector is set to soar while this trend plays out. You won’t want to miss it…In the meantime, I urge you to sign up for E.B.’s brand-new letter, Strategic Investor. E.B. sees a massive shift happening in the markets, and it’s never been more important to have a specific plan of attack. As E.B. says, “We don’t have the same opportunity to make money in the stock market like we’ve had for the past 100 years.” To survive and thrive in the coming years, you’ll want to get E.B.’s top recommendations. Learn more here.Reader MailbagToday, a reader shares his thoughts on the future of electric car-maker Tesla…I don’t believe Tesla is going to zero… it’s already one of the “too big to fail” companies. The Trump administration will bail them out giving them a sh*tload of money to stay operating and keep jobs. I do believe its stock price will go down like 50%. – BogarAs always, if you have any questions or suggestions for the Dispatch, send them to us right here. Recommended Link Does this describe you? We know there’s a small group of readers who are obsessed with learning more about trading. Maybe you’re a day-trader, or an active paper trader. But if you’re fascinated by all the secret relationships in the stock market, and interested in learning new ways to make money… this is for you. Click here for details. — Justin’s note: Today, we have an important essay from E.B. Tucker, editor of our brand-new Strategic Investor newsletter. Below, E.B. lays out his thesis for the last great bull market of our lifetimes… and what to expect going forward.As you’ll see, what worked for investors in the past is not going to work over the next few years… By E.B. Tucker, editor, Strategic InvestorRight now, we’re seeing a set of indicators we’ve never seen before. If someone told me about them 20 years ago, I would have struggled to picture them.In short, we’re on the cusp of a tremendous bull market.It’s nothing like what we saw in the 1960s or 1980s. Those bull markets rode on the back of economic growth. In both cases, you would have made more acceptable returns by simply buying the Dow Jones Industrial Average.The coming bull market looks entirely different. Most people will miss it because they’re used to making “easy money.”You see, investors dumped $692 billion into passive funds like the Vanguard 500 Index Fund last year. They blindly invested in stocks, and that worked quite well. Now, the average person believes buying the overall market index is his path to steady riches. He’s dead wrong. — The Next Giant Leap For Mankind? (Unbelievable) For 81 years, America’s had a secret weapon in the space race… a little-known NASA lab headquartered a thousand miles away from the Kennedy Space Center. Thanks to the same scientists that put man on the moon, you can get into the market’s biggest, fastest windfalls before they rocket up. Click here now to continue reading. Recommended Link Here’s why…The U.S. stock market is worth $29 trillion today. Twenty years ago, it was worth $12.9 trillion. That’s an increase of 124%.U.S. GDP looks similar. Twenty years ago, it was $8.9 trillion. Today, it’s $19.8 trillion—a 122% increase.And yet, there are half as many publicly listed companies in the U.S. today than there were 20 years ago. You can see what I mean below:You can see that the number of public companies used to grow in step with the economy. Americans would start businesses, build them up, and take them public when they needed access to more capital.Public companies also became the lifeblood of the wealth-building process for most investors. And for good reason. You see, there’s a gap between what people earn and what they need to retire. Capital gains from investments usually help close the gap.But it’s tough to get out and source private investment deals if you sit behind a desk all day. Even if you do, digging into the details takes time. You also need to make sure you avoid crooks and cheats. I know about these headaches because I’ve been involved in many private investments.Buying stocks is much easier. This is because public companies are required by law to publish detailed financials and operating information. Anyone can look at this.The problem is that the number of publicly traded companies in the U.S. is falling at an alarming rate. The good news is that we know why it’s happening. More importantly, we see a way to profit from it.last_img read more

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Ed note This story appeared earlier in a shorten

first_imgEd. note: This story appeared earlier in a shortened form.Ed. note: This story has been updated to reflect the correct name of the ACEs score. With the national opioid epidemic in the spotlight, two Winston-Salem filmmakers are focusing their lens on mothers. The film follows families and caregivers in Asheville facing Neonatal Abstinence Syndrome. NAS happens when babies are born exposed to substances.The documentary, which is still in the final stages of production, is directed by Dom Silva and Stan Wright, both students of Wake Forest University’s documentary film program.Stan Wright spoke with WFDD’s Eddie Garcia.Interview HighlightsOn what the film’s title, Original Body of Pain, means: On the perception of those facing addiction vs. day-to-day reality: Obviously with a film of this nature you can’t just go in blind and start asking people if they’re addicted to drugs, or if they have substance abuse issues, and if they’re pregnant. Our biggest advocates were the home nurses we were working with. These are the people that go into the home in the weeks and months after the baby’s born to make sure that they’re developing properly that the wean is going properly.And so when they would go on their home visits, they would approach the families and say, ‘Hey we have this project, it’s a compassionate take on women who have gone through substance exposures and addiction and have kids. Would you like to be a part of it?’ So we probably talked to 10, 12 women before we landed on the final three.center_img It’s a term that our main character actually refers to as having learned in treatment. The way she describes it is basically there’s this one inciting incident within a person who struggles with addiction’s life that leads them to further trauma, and she calls it an original body of pain…one of our main characters, her name is Joanna Christoph, she’s a home health nurse, she talks about this adverse childhood experiences score, and it’s a score that they use to determine a level of childhood trauma within a family.So a lot of questions are asked including: ‘Have you been abused physically or sexually? Has one of your parents died? Have you been raised without a parent? Has a parent been incarcerated? Has one of your family members struggled with alcoholism or drug abuse?’ And there’s this series of 10 questions that lead up to this ACEs score. And so it’s just a nice fitting kind of segue into this larger conversation about some of the underpinnings of addiction, as well as a reference to something our character says in the film. On gaining intimate access to the lives of the women in the film: A point of clarity, just for what we’re doing with our film, is that we’re working with recovering addicts. So these are people that were in treatment, were in counseling. These weren’t people who were actively shooting up and using. I think that’s important to say because it shows that there is hope, there is recovery for women who have gone through this. Even with children in the family.The day-to-day realities are so much more jovial. A lot of the story of us going in and shooting with these homes – and I think we’ve shot over 30 times with one of our characters Ashley and her three boys – is water balloon fights, and birthday parties, and graduations. And there’s a lot of happiness in the day-to-day that comes with the sobriety surrounding recovery, and the newfound ability for these women to really take in and appreciate what’s around them and their families.last_img read more

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6 Mobile Musts for Your Online Business

first_img January 20, 2010 The only list that measures privately-held company performance across multiple dimensions—not just revenue. Use these tips to prepare for the coming smartphone search revolution. Allen Moon According to a recent study by comScore, the number of people in the U.S. using multipurpose smartphones such as iPhones, Blackberries, and Droids more than doubled last year. Of those who used mobile devices to access news and information on the Internet, 22.5 million–or 35 percent of the total–did so on a daily basis.And this year, that number is expected to skyrocket even further as more companies–T-mobile, AT&T, Spring, Garmin, and even Google–gear up to release their own Android-supported mobile devices. In fact, experts predict that mobile Web usage will overtake PC usage in five years.The online tools people are using to find and share information with their mobile devices are changing, too. The comScore study shows that the number of people who used smartphones to access a social networking site or blog increased by 427 percent last year, more than any other category.So what does this mean for you?If you want to put your business in front of this exploding online population, then you need to know how they use their mobile devices to access and share information online. You need to know the community sites where they hang out, and understand how they communicate with one another if you want to engage them and build lasting relationships.Smartphone users are looking for genuine, trustworthy information–recommendations, reviews, rated answers to questions–and they’re already geniuses when it comes to filtering out and ignoring inauthentic voices.Here are five important things you need to do to ensure your business is primed to take advantage of the mobile media storm:1. Make sure your website is mobile-friendlyMobile users are impatient people. They want information and they want it now. You have to make sure your website delivers that information in a way that’s useful for them. Fortunately, there are a number of ways to create a quick mobile version of your website. If you use WordPress, there are plugins like this one that can help you create a mobile-friendly edition. Or you can use a paid converter such as MoFuse and MOBIFY to do the job.2. Make sure your website is optimized for mobile searchDid you know that both Google and Bing have separate indexes for mobile content? And right now, they return far fewer–and far more localized–results than regular search. So the sooner you get your site optimized to rank well in the search results, the sooner you can put your site in front of the hundreds of millions of mobile device users.3. Start a Facebook Fan page Because so many mobile device users are active on Facebook, the world’s top social networking site, it only makes sense to have a presence there. Encourage your customers and visitors to sign up as Facebook fans so you can use the networking site to keep in touch with them and share information about your business.4. Become involved in TwitterThe same logic applies here–Twitter is one of the fastest-growing properties on the Web because it’s so easy for people with smartphones to use for accessing and sharing information. If you start building relationships with your visitors and customers via Twitter now, you will be light years ahead of the competition when the smartphone explosion really hits its stride.5. Make sure you’re listed on Google Maps A huge and growing number of mobile users go to Google Maps first when searching for a local business. You can make sure your site conforms to Google’s quality guidelines here .6. Encourage customers to review your business on Yelp or FourSquare Yelp is a business review site that has active users in cities all over the world. More than 26 million people a month use Yelp to find information about more than twenty different categories of businesses. FourSquare is somewhat similar in nature. Its members use FourSquare to keep one another informed of their whereabouts. You can also write reviews and recommend places to fellow FourSquare members.You may think you’re not at the right place to start thinking about mobile marketing yet. But no matter where you are in your business building efforts, the time to start laying the foundation for an effective mobile marketing strategy is now. The mobile revolution is happening right now, and if online marketing has taught us anything, it’s that the way to be successful is to put your business where the customers are. And that means reaching them on their smartphones. Add to Queue Next Article 6 Mobile Musts for Your Online Businesscenter_img Opinions expressed by Entrepreneur contributors are their own. 2019 Entrepreneur 360 List 4 min read –shares Technology Apply Now »last_img read more

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FCC Chairman Hints at Support of Broadband Reclassification

first_img 3 min read Free Webinar | July 31: Secrets to Running a Successful Family Business The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict “net neutrality” rules.Comments by Federal Communications Commission Chairman Tom Wheeler at the Consumer Electronics Show in Las Vegas appeared to show he leaned toward regulating Internet service providers (ISPs) more strictly under Title II of the U.S. communications law, as Obama has suggested.The FCC has been working for nearly a year on new rules governing how ISPs manage Web traffic on their networks, and Wheeler said he will share his latest proposal with fellow commissioners on Feb. 5 and hold the vote on final regulations on Feb. 26.At stake is whether and how ISPs should be banned from blocking or slowing down websites and applications and from charging content companies for “prioritized” downloads.”We’re going to propose rules that say that no blocking (is allowed), no throttling, no paid prioritization,” Wheeler said.He said companies’ behavior should be measured against a yardstick of whether it is “just and reasonable,” referring to a standard often applied to public utility companies to make sure they do not hurt consumers or competition.The FCC last year received some 4 million comments after Wheeler’s original proposal left the door open to “commercially reasonable” discrimination.Obama in November gave net neutrality advocates a boost, calling for strictest rules possible and suggesting the FCC reclassify ISPs as more heavily regulated “telecommunications services,” instead of the current “information services.”Net neutrality advocates welcomed Wheeler’s new plan. “All afternoon in fact I’ve received emails and calls from entrepreneurs across the country encouraged by the chairman’s remarks, willing to work with him,” said Marvin Ammori, a lawyer who represents technology companies.ISPs say they do not object to parts of Obama’s plan but staunchly oppose reclassification, which they say will present a regulatory burden and impede investments and innovation. They are expected to mount a court challenge, and Republicans are expected to counter new rules with legislation.”The implications of the just and reasonable standard will be years of litigation just as we’ve seen since 1934, when those words were written by Congress for the Ma Bell monopoly,” said former FCC Commissioner Robert McDowell, a Republican.(Editing by Andre Grenon and Cynthia Osterman) Learn how to successfully navigate family business dynamics and build businesses that excel. Net Neutrality –shares January 8, 2015 Next Article Reuters Register Now » Add to Queue This story originally appeared on Reuters FCC Chairman Hints at Support of Broadband Reclassificationlast_img read more

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How to Prevent Presidential Debates From Becoming Disruptive Workplace Debates

first_img Add to Queue How to Prevent Presidential Debates From Becoming Disruptive Workplace Debates Politics Next Article Guest Writer September 26, 2016 5 min read Jonathan Segal We just saw the first Presidential debate. No matter what your view, I think we all can agree it was contentious. The feelings of the campaign in general, and the debates in particular, will undeniably leak into workplaces. What do you do? Or better yet, what don’t you do?To help guide you, here are eight questions and answers to help handle political workplace discussions.1. Don’t employees have a First Amendment right to say what they want politically?No. The First Amendment applies only to restrictions imposed by the government. Private sector employees have no First Amendment rights in the workplace. If you are an entrepreneur, you can prohibit employees from talking politics without worrying about the First Amendment.There is one exception — keep in mind some state constitutions, such as California, apply (or may apply) to private sector employees. So a ban in California, for example, is asking for trouble.Related: Speak Your Mind, But Know Your Facts2. Do employees have any rights to express their political views in the workplace, independent of any constitutional right?Yes, employees covered by the National Labor Relations Act (NLRA) probably would have the right to share their views, including wearing buttons, if the political statement relates to the terms and conditions of employment.Let me give you two examples — Vote for Clinton so there is more generous paid parental leave or vote for Trump so that religious rights in the workplace are respected. Keep in mind that supervisors and managers, as defined by the NLRA, are not protected by the NLRA.3. Can employers discriminate based on message? That is, favor one political view over another?This may come as a surprise to many but, unlike race, sex or religion, one’s political affiliation is not a protected group under federal law and almost all state laws. There are exceptions, such as in the District of Columbia and under a few other local ordinances.But just because something may be lawful does not make it right. It would be foolish, even if not illegal, to discriminate based on political view point. Do you really want to alienate a large percentage of your employees and customers?Related: Who do You Support for President? Then You’re Fired.4. What if what is said in the workplace is discriminatory?What if someone makes a statement hostile to Mexicans or disparages Evangelical Christians? Employers have more than a right to respond to discriminatory messages in the workplace. They have a legal obligation to do so. Employers can brook bias of no kind — that includes during this election season.5. Aren’t we better off just banning all political speech, to the extent we can, to avoid disruptions?No. It’s simply not practical. And, it will get even less so as we approach the election. It also is not desirable. Ban political talk and political opponents will agree on one thing — you, as the employer, have gone too far.6. Aren’t there reasonable restrictions that you can and/or should impose to minimize disruption and/or risk antagonizing customers?Yes, you probably could have a rule that anyone who interacts with the public not wear a political button or otherwise convey a political message of any kind. I say “probably” and not “absolutely” because the National Labor Relations Board (NLRB) that interprets the NLRA continues to limit what employer can do. But entrepreneurs need to balance the potential legal risk against the business risk of doing nothing.7. But what if there are disruptions in the workplace?Some disruptions are inevitable. You absolutely can respond to the disruptions. You are not paying employees to be as dysfunctional as Congress. But focus on the disruption as opposed to the content of the disruption — unless what is said is discriminatory. There should be both the reality and the appearance of being even handed.Related: Resilient Small Businesses Will Do Fine Whoever Is President Next8. Can you as a leader express your own views?Yes, there is no question that you can share your views. The question is, how and when? Remember, your power is based on your influence, and your influence may be tarnished if you do not temper your political views.Better to support a candidate than bash the other side. And, at all costs, avoid the “I don’t know how anyone could vote for [fill in the blank].” You are effectively calling those who disagree with you idiots. Not exactly the key to engagement.This article is not legal advice, should not be construed as applying to specific factual situations or as establishing an attorney-client relationship. Image credit: julief514 | Getty Images Partner in Employment Practice Group of Duane Morris The only list that measures privately-held company performance across multiple dimensions—not just revenue. Opinions expressed by Entrepreneur contributors are their own. With some guidelines in place, there’s nothing wrong with healthy political conversations. 2019 Entrepreneur 360 List –shares Apply Now »last_img read more

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