Prosecutors urge judge to consult with court monitor on PGE

SAN FRANCISCO — U.S. prosecutors are urging a federal judge to work with a court-appointed monitor to determine ways Pacific Gas & Electric Co. can prevent its equipment from starting more wildfires.In a court filing Wednesday, the U.S. attorney’s office in San Francisco said Judge William Alsup should refrain from immediately imposing new requirements on the utility.Alsup earlier this month proposed ordering PG&E to remove or trim all trees that could fall onto its power lines and to cut off power during certain wind conditions.PG&E said the judge’s proposals would interfere with state and federal regulators.The judge is overseeing a criminal verdict against PG&E stemming from a deadly explosion of a company gas pipelines in 2010. He is considering additional terms of probation against the utility in that case.The Associated Press read more

Sri Lanka probes multiple deaths of wild elephants

However, human-elephant conflict near wildlife sanctuaries have led to the deaths of 375 people in the past five years, according to official figures. “We have wildlife experts and vets who are investigating the cause,” Thewarapperuma told AFP from the district of Polonnaruwa, 220 kilometres (135 miles) east of Colombo. Sri Lankan authorities on Monday began investigating the deaths of wild elephants in the east of the island after pulling seven carcasses out of a marsh, a minister said.Wildlife Minister Palitha Thewarapperuma said six out of the seven animals found in the swamp were young—below the age of 12—and he suspected that many more may have died there, the AFP news agency reported. He said a possible reason was that the swamp is currently strewn with water hyacinth, an invasive plant known locally as Japan Jabara. Enraged villagers have retaliated by slaughtering nearly 1,200 of the beasts.Last month the government said authorities would begin constructing 2,651 kilometres (1,556 miles) of new electric fencing to keep elephants away from villages bordering wildlife reserves.The Sri Lankan elephant population in the wild is estimated at 7,500. The swamp is located on a migratory route and the animals may have become bogged down and exhausted battling through the plants and then drowned.Japan Jabara was introduced to Sri Lanka at the turn of the last century and has spread rapidly since World War II. Allied forces stationed in Sri Lanka planted the free-floating species on waterways in a bid to mislead Japanese pilots on bombing missions into thinking that they were grassy fields suitable for landing in emergency.“It is heartbreaking to see so many young elephants killed here. We are trying to see how we can flush out Japan Jabara and make this area safe again,” Thewarapperuma said.Sri Lanka considers elephants a national treasure and they are protected by law. read more

Terror leaders driver taken into custody

The driver of terror leader Sahran Hashim Mohammad, has been arrested, the Police said.He was arrested in Kattankudy and handed over to the Criminal Investigations Department (CID). The Police have also seized a kit similar to that worn by Sahran Hashim, also known as Mohommad Zaharan, in a video where he extends support to the Islamic State (IS). A vehicle used to transport the suicide bombers was also seized. Sahran Hashim is believed to be the mastermind behind the terror attacks on Easter Sunday.He was reportedly killed in one of the suicide attacks in Colombo last Sunday. (Colombo Gazette)

Womens lacrosse Senior Day approaches as Buckeyes face off against Johns Hopkins

Ohio State freshman midfielder Liza Hernandez looks to pass in the offensive zone against Stanford on Feb. 24 at Ohio Stadium. Credit: James King | Lantern reporterThis Saturday will be the final time that eight players of the Ohio State women’s lacrosse team will suit up in the Scarlet and Gray. The team will be honoring their seniors in their last game of the season against Johns Hopkins.While this season has not necessarily gone the way they had hoped, the Buckeyes want to end the season on a positive note.“We’ve been talking about what (the seniors) want to be remembered as,”  OSU head coach Alexis Venechanos said. “As a group they are, really hardworking, really caring.”The Buckeyes have three senior captains this year in midfielders Paulina Constant and Tess Solazzo along with defender Meredith Bushell. Constant and Bushell have started in every game this season for OSU and Solazzo earned her captaincy halfway through the season.Other seniors like midfielders Christina Turner and Morgan Fee have also seen extended playing time throughout the season. Turner collected 26 ground balls on the season, which put her behind only Bushell and freshman goalie Jill Rizzo for the team’s best.“It’s going to be a little bit bittersweet,” Fee said. “My last game in (Ohio Stadium), my last game with all of these amazing teammates. I’ve made lifelong friendships that I can take with me the whole rest of my life.”The Buckeyes will be wanting a duplicate of their game last season against Johns Hopkins. In that game they downed the Blue Jays 8-7 with six of the eight graduating seniors from this year seeing action.The key to their success is quite simple according to Venechanos: playing ‘Buckeye Lacrosse.’“We’re trying not get hoopla, the last everything,” Venechanos said. “We’re just trying to say, ‘let’s play Buckeye Lacrosse.’ In a weird way we have an opportunity to win our last, hopefully compete, and end on a positive note. Not the way we wanted to for sure, but have some good positive momentum to end the season.”Johns Hopkins will be looking to rebound for their final stretch of games as they are coming off of a 10-goal loss to Stony Brook University. Their two leading goal scorers, junior midfielder Shannon Fitzgerald and senior midfielder Haley Schweizer, were held to just three goals combined in that loss, so the Buckeyes will need to try and contain them similarly to Stony Brook.The game is set for a 10:45 a.m. start time as they will be the first half of a double-header with the men’s lacrosse team at Ohio Stadium. read more

Mens basketball Ohio State squeaks by UNC Asheville 7977 powered by late

OSU sophomore guard JaQuan Lyle goes in for a layup against UConn on Dec. 10. OSU won, 64-60. Credit: Alexa Mavrogianis | Photo EditorThe Ohio State men’s basketball needed nearly the entire 40 minutes to put away UNC Asheville, but the Buckeyes were able to walk away from the Schottenstein Center with a 79-77 victory Thursday night. It was OSU’s sixth all-time victory over the Bulldogs, and the 10th win win this year for Thad Matta and company, powered by 17 point outings from junior forward Jae’Sean Tate and sophomore guard JaQuan Lyle. Overall, Matta was far from pleased with his team’s performance.“We weren’t as sharp as we needed to be,” he said. “Especially on the defensive end.”After the opening tip off, Ohio native and Asheville junior guard Kevin Vannatta hit the deck to grab a loose ball, and moved it up the court to junior guard Ahmad Thomas for an easy lay-in. Even with the game close for much of the night, it was one of the only leads the Bulldogs would have.Vannatta, hailing from Columbus, went 2-for-2 from deep, and contributed 35 minutes. According to Asheville coach Nick McDevitt, the chance to see Vannatta return to his home city and perform was heartwarming, but he was more impressed with how he handled himself.“We always try to get back home somewhere close for all of our players. It’s not always possible … we’ve got two international players on our team so it’s not always possible,”McDevitt said. “It was fun to get back here, see a lot of folks and family, but once this morning came around, it was game day (for Vannatta) and any other game.”OSU junior center Trevor Thompson, in his first start of the year, stepped in for injured freshman center Micah Potter, and had a favorable impact for the Buckeyes. Pouring in 14 points and pulling down 10 rebounds, he was a consistent force for OSU on offense and defense.It took Lyle more than 12 minutes to take his first shot, as he was content playing the role of distributor in the first. As a team, the Buckeyes had 15 assists, with Lyle leading the way, dishing out six.After a mostly uneventful first half, in which both teams combined for 18 total turnovers, OSU held onto a 36-33 lead heading into the break. Even with a 53.6 percent team shooting percentage, the pesky Bulldogs would not allow OSU to pull out to a sizable lead.Immediately out of halftime, Asheville brought the game within one, before the Buckeyes stretched out an 11 point lead backed by a 9-0 run. The small cushion was enough to keep the Buckeyes in the lead for the rest of the contest.OSU took advantage of a noticeable size advantage over the Bulldogs, outrebounding Asheville 39-28. The Buckeyes occasionally struggled to rotate and avoid screens, allowing open looks from deep and 11 made 3-point shots from the Bulldogs.“They played hard,” Tate said. “That’s one of the hardest working teams that I think we’ve seen all year. They got like every 50-50 ball. They’re just undersized, but they made an impact. You know, down the stretch we just got to work on handling adversity. We got to handle tough moments and just be mentally tough.”Senior forward Marc Loving was nailed with a technical foul with under seven minutes left in the game, and Asheville freshman guard MaCio Teague knocked down a pair of free throws before Vannatta notched the game at 64 with a 3-pointer.A personal and technical foul on Thompson caused him to foul out with 4:25 remaining, and allowed the Bulldogs to grab a 67-65 lead. In the closing minutes, however, it was all Lyle.“I knew we needed a play,” he said. “I think me and Keita (Bates-Diop) set a pick-and-roll, and we got the switch that we wanted, and I knew I had him going right. And once I got that one step in front of him, I knew where to put it on the backboard, and it went in.”A pair of clutch free throws and a layup with less than two minutes remaining from Lyle allowed the Buckeyes to recapture the lead, before Lyle hit two more layups to further the gap.Overall, the Buckeyes felt the game could have gone much better, especially considering two technical fouls nearly cost them the game. Tate said two technical fouls in the same four-minute stretch is “unacceptable.”OSU is now 10-3 this season, and will travel to Champaign, Illinois to face off against the Fighting Illini on Jan. 1. read more

Madonna blaas and Dubliners The week in numbers

first_imgEVERY WEEK, TheJournal.ie offers a selection of statistics and numerical nuggets to help you digest the week that has just passed.13,000,000,000 – The amount in dollars that JP Morgan Chase had to pay in a settlement this week for misleading investors during the housing crisis –  the largest settlement ever between the US government and a company.125,000,000 – The amount of money in euros that Madonna earned in the past year, making her the highest-paid musician in the world. Lady Gaga was right behind with $80 million.45,000 – The guide price in euros of a Christmas tree farm up for sale in Dublin next month at what is being billed as the largest auction ever in Ireland.12,000 – The number of blaas baked in Waterford every day. The noble bap was this week given the status of a regionally protected product by the European Commission.1,217 – The number of sets of twins born in Ireland last year, according to new figures from the ESRI. There were 33 sets of triplets born in the country in 2012.592 – The value in euros of any Bitcoin traded in China during the week. In comparison, one Bitcoin is worth €42 in the US and €474 in Europe.91 – The percentage of Dubliners who can’t name their MEP, according to a survey carried out by a Fine Gael Senator. Ouch.52 – The percentage of pig meat in Ireland that isn’t Irish, according to tests by the Irish Farmers Association.50 – The number of charges that former solicitor Thomas Byrne was found guilty of in the country’s largest ever fraud trial during the week. The 47-year-old will be sentenced on 2 December.30 – The number of years it has been since the members of Monty Python last collaborated. The comedy legends announced this week they are to reunite.14 – The maximum number of years in jail a Dublin woman faces if found guilty of assisting in the suicide of another woman. The case will go before the courts next month.5 – The term of office in years of the proposed directly-elected mayor for Dublin, under a draft report prepared by Dublin’s four local authorities.Want more? Check out our previous ‘In numbers’ pieces >last_img read more

TPR to conduct new round of spot checks for autoenrolment noncompliance

first_imgThe Pensions Regulator (TPR) is to launch a new round of short-notice inspections this month (July 2018) to target employers that are failing to meet their pensions auto-enrolment duties.The spot checks, which are carried out under section 74 of the Pensions Act 2004, will focus on employers that are suspected of providing false or misleading information to TPR regarding how they are meeting their auto-enrolment obligations. It will also concentrate on those that have received an escalated penalty notice for pensions non-compliance, yet are still not meeting the required responsibilities, as well as a small number of employers selected at random.Employers will be notified of the inspection a few days prior to TPR’s visit.The spot checks are primarily used to detect pensions non-compliance, however they are also used by TPR to gain insight into employer behaviour. The insights gathered will be included in the annual Automatic enrolment commentary and analysis report, which is to be published this summer.The inspections will be carried out nationwide, across Essex, Kent, Hertfordshire, Bedfordshire and Cambridgeshire.This month’s spot checks follow a series of investigations conducted over the past 12 months. These were completed in London, the north east, Northern Ireland, south Wales, Edinburgh, Glasgow, Greater Manchester, Sheffield and Birmingham.Darren Ryder, director of automatic enrolment at TPR, said: “It is an offence for employers to provide TPR with false information on their declaration of compliance, but there are tell-tale signs indicating an employer might not be telling the truth. We can also detect employers who are failing to meet their automatic enrolment duties despite being issued with a penalty and we will take action if we suspect either of these is the case.“The vast majority of employers are meeting their responsibilities and automatic enrolment is now business as usual. But where employers fail to comply with the law, we will use our full range of powers to ensure staff get the pensions they are due.”last_img read more

BUSINESS BRIEF Planet Fitness Offers Free Workouts On Blue Monday January 21

first_img(NOTE: Planet Fitness is located at 355 Middlesex Avenue in Wilmington.)HAMPTON, N.H. — To help beat those Monday blues, Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., today announced it will open its doors across 1,600+ locations in the U.S. for free workouts on “Blue Monday” (Jan. 21, 2019) to anyone 18 years and older (with valid photo ID).“Blue Monday,” which falls on the third Monday in January, is known as one of the most depressing days of the year. Originated in 2005, the day was determined to be “blue” due to a combination of factors, including weather conditions, lack of motivation, debt level, and the time since the December and New Year holidays. According to a study published in the American Psychological Association, just a few minutes of exercise can help lift any spirits and within five minutes after moderate exercise, individuals receive a positive mood-enhancement effect. A study out of the University of Michigan also found that as little as 10 minutes of physical activity per week or one day of exercise per week might result in increased levels of happiness. Additionally, research shows the effects of physical activity extend beyond the short-term, as exercise helps alleviate long-term depression.“At Planet Fitness, we recognize and celebrate the many benefits of regular physical activity on our members’ health both physically and mentally,” said Brian Zehetner, Director of Health and Fitness for Planet Fitness. “We are committed to making a difference in people’s lives and we’re here to provide a unique environment in which anyone – regardless of their fitness level – can be comfortable and accepted. We look forward to inviting everyone to take the next step in their wellness journey with us and experience our ‘Judgement Free Zone’ – a welcoming, non-intimidating environment – to be active this year.”A national study commissioned by Planet Fitness revealed that gym memberships may be tied to broader life benefits. The study found that those who are current gym members are more likely to be satisfied with their health (80 percent) and body (67 percent). But it’s not just their health and appearance, the study also found that they are also more likely to be content with their life overall (89 percent), personal relationships (85 percent) and even their career (80 percent) and finances (70 percent).Planet Fitness also provides members with an opportunity to connect and support each other with “Planet of Triumphs,” an online community that celebrates all accomplishments and inspirational stories of Planet Fitness members. Planet of Triumphs provides an online platform for members to recognize their triumphs (big or small), share their stories and encourage others, reinforcing the Company’s belief that ‘everyone belongs.’ Check out real Planet Fitness member stories and accomplishments at PlanetofTriumphs.com.Planet Fitness offers extremely low prices with memberships available for only $10 a month, and a variety of benefits including free small group fitness instruction included in every membership via the PE@PF program, a hassle-free environment, brand name cardio and strength equipment, fully equipped locker rooms, flat screen televisions and much more.To find a club near you, visit PlanetFitness.com.About Planet FitnessFounded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of September 30, 2018, Planet Fitness had more than 12.2 million members and 1,646 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.(NOTE: The above press release is from Planet Fitness.)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… RelatedBUSINESS BRIEF: Planet Fitness Provides Nearly 5.5 Million Free Workouts For 900,000+ Teens This SummerIn “Business”BUSINESS BRIEF: Planet Fitness Named To Fortune’s 2019 100 Fastest-Growing Companies ListIn “Business”BUSINESS BRIEF: Wilmington’s Planet Fitness Will Allow Teens (15-18) To Work Out FOR FREE, May 15 To September 1In “Business”last_img read more

GVEA asks state US regulators to OK halt to tariff for hybrid

first_imgGolden Valley President and CEO Cory Borgeson says Eco Green’s initial proposal submitted in December raised a few eyebrows, because it was submitted under a federal program that was established to encourage greater use of renewable power, from such sources as wind and solar.Borgeson says Golden Valley didn’t have much experience with the program and the agency that administers it – the Federal Energy Regulatory Commission, or FERC.“Our experience with FERC is limited,” Borgeson said. “And Golden Valley doesn’t receive too many of these requests.”Borgeson says Golden Valley began working on a tariff in response to the proposal, as required by law. The document would outline the price the utility would pay for the power, along with other details, such as how it would be uploaded onto the grid.Borgeson says the utility invested a lot of time and expense studying the complex proposal, which called for generating 55 megawatts with both wind and power from 11 propane-fired backup generators in Fairbanks and North Pole.“As you might image, our members have to incur the cost of the analysts and consultants that we utilize,” he said in a March 11 interview.But Golden Valley halted work on the tariff last month, after it was unable to confirm that Eco Green had been certified by FERC as a qualifying facility, or QF. A company officials says a mixup led FERC delayed certifying Eco Green after the company had submitted an initial so-called “self-certification” application in early January.“It caused some confusion on their side, as to which forms we should be using and how the self-certification should be handled,” Craft said. “So, that was the initial issue.”Mike Craft is a Fairbanks-based wind-power developer and a partner in the Eco Green venture.“And so what FERC recommended was that we fill out three different forms – one for the wind farm, one for the generators and one with them both combined,” he said.Craft is referring to a 25-megawatt wind farm the proposal called for building in Delta Junction, next door to a 2-megawatt wind farm that he and his Alaska Environmental Power partners own and operate. Craft says when he and his Eco Green partners reapplied with FERC, they modified the plan by proposing to build a larger wind farm and increasing the hybrid system’s total output to 100 megawatts.They also proposed locating two more of the 5-megawatt propane generators near Clear Air Force Station to provide both power and heat – which were produced by a small coal-fired power plant on base until Air Force officials shut it down in three years ago.“So they’re using oil boilers now – very expensive for them, in comparison to what they were doing before,” Craft said in an interview last week.Craft says Eco Green’s proposal also would provide heat produced by the propane-fired cogenerating units for adjacent government- and privately owned buildings. He says that would cut their fuel costs and reduce Golden Valley’s use of coal and other fossil fuels, which would in turn help reduce the Fairbanks area’s serious air pollution problems. Borgeson says Eco Green’s modified proposal raised more questions, which led Golden Valley to petition the Regulatory Commission of Alaska to allow the utility to stop work altogether on the tariff.“We’ve made the decision to hold off on doing any further work,” he said.The commission granted Golden Valley a temporary stay on March 15 while it reviews the petition in the lead-up to an April 3 hearing. The commission is expected to make a decision before September. Golden Valley also petitioned FERC to declare that Eco Green’s project does not qualify as a QF. Meanwhile, the federal commission will accept public comments on the matter until April 5 and will issue a ruling later. A Colorado-based company’s proposal to generate and sell 100 megawatts to Golden Valley Electric Association has devolved into a dispute involving state and federal energy agencies.Golden Valley officials say they’ve got concerns about Eco Green Generation’s hybrid renewable-energy proposal, so they’ve halted work on a tariff they’re required to file in response. State regulators have OK’d GVEA’s request to suspend the tariff until federal regulators rule on the utility’s request to declare Eco Green is unqualified to submit the proposal.last_img read more

Texas Republican Donors Slow To Support Trump

first_imgListen HPM ArchiveDonald Trump speaking at CPAC 2011 in Washington, D.C.The Federal Election Commission says Texas leads the nation in donations to Republican presidential candidates. So far, very little of that money has gone to presumptive nominee Donald Trump.Houston Public Media’s Coverage of Election 2016Blacksmith, a coffee shop in Montrose, is hardly the place you’d expect to find a major player in Texas political fundraising. But the man across the table from me fits the bill. Jay Zeidman, a Houston investment manager, is the national co-chair of Maverick PAC. The political action committee grew out of George W. Bush’s 2004 reelection campaign.“We jokingly say Texas has always been the ATM of the South,” Zeidman says. “I mean, politicians come here not for votes but for money.”Up to now, Donald Trump hasn’t had much use for that ATM. He funded his own campaign throughout the Republican primaries, benefitting a lot from free publicity. Trump has begun working with the Republican National Committee and assembling a finance team. But Zeidman is skeptical it will make much of a difference in Texas.“I still think it’s probably too premature to see if he’s going to, where Texas donors are going to fall,” he says. “However, in my talks with folks around the state, I think a lot of people are going to sit on the sidelines from a presidential perspective.”Instead, Zeidman says donors are saving their money for House and Senate candidates, in order to preserve GOP control of Congress. Asked why, Zeidman doesn’t mince words. “The same reasons why people didn’t support Trump in the primary,” he says. “You know, he flies by the seat of his pants, he is incredibly divisive, bombastic, and it’s hard to tell where he really stands.”To be fair, Trump started at a disadvantage against a favorite son candidate, Sen. Ted Cruz. The leading Republican donors from Texas this cycle include brothers Dan and Farris Wilks of Cisco and their wives. The Wilks brothers, who made their money in fracking technology, gave more than $15 million to a PAC supporting Cruz. They’re now focusing on down-ballot races.It’s hard to see how Trump can raise the $1 billion he’ll need to compete in the general election without Texas donors behind him.“The presidential race begins the day after the presidential inauguration,” says Sarah Bryner, research director for the Center for Responsive Politics. The non-partisan think tank tracks the effects of money on U.S. elections. “And Clinton particularly, and even Sanders, have been raising money for, to some extent, years, and he’s just really starting now.”The FEC reports Hillary Clinton raised nearly $9 million in Texas through the beginning of May, while Bernie Sanders raised nearly $3 million. Trump raised less than $400,000.Brian Haley, a GOP fundraiser based in Austin, is more optimistic. Haley served as national finance director to past Republican presidential candidates John McCain and Tim Pawlenty. He thinks Texas donors will rally behind Trump in order to keep Clinton out of the White House. But he says the presumptive nominee will need to act quickly.“The summer months are hard to raise money here,” Haley says. “But if Mr. Trump can come to the state prior to the end of June and then come back in the fall after Labor Day, he should have a good turnout in terms of fundraising if he can do multicity swings over a couple of days on both trips.”Trump recently named Dallas investor Ray Washburne as a vice chair of his fundraising team. Washburne previously served as national finance chair for New Jersey Governor Chris Christie, one of the few Republican candidates to raise less money in Texas than Trump.www.opensecrets.orgThe Center for Responsive Politics publishes a breakdown of Texas donations to the presidential candidates based on information reported by the Federal Election Commission. 00:00 /03:38 X Share To embed this piece of audio in your site, please use this code:last_img read more

LG Electronics reports 45 percent plunge in 2Q earnings

first_img Top Stories Ex-FBI agent details raid on Phoenix body donation facility Comments   Share   Mesa family survives lightning strike to home Parents, stop beating yourself up The company plans to unveil a new flagship smartphone in the fall, a departure from its usual practice of releasing just one flagship phone a year.On the TV front, LG is continuing its lone bet on advanced displays called OLED, or organic light-emitting diode, believing that consumers will be willing to pay a premium for TVs that can display sharper and more saturated color than televisions using LCD technology.The multibillion dollar bet, however, is not gaining much traction as other TV industry players have adopted a technology called 4K, or Ultra HD, which contains four times more pixels than regular HD TVs. LG said the sky-high price of OLED TVs has come down in the past few years and it increased the number of models. But OLED TVs are still more expensive, sometimes five times more, than 4K TVs.The company said it is confident that it will see an improvement in the third quarter with new product launches.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Here’s how to repair and patch damaged drywall New Valley school lets students pick career-path academies Men’s health affects baby’s health too SEOUL, South Korea (AP) — LG Electronics said Wednesday its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business and mobile phones earned little income.The company reported a net profit of 226.4 billion won ($195 million) for the April-June quarter, compared with 411.8 billion won a year earlier. A FactSet survey of analysts forecast 204.8 billion won profit.Sales fell 8 percent to 13.9 trillion won and operating income declined 60 percent to 244 billion won. Sponsored Stories The company’s two pillars, TVs and mobile phones, were both weak. Most of its income came from the home appliance business that manufactures refrigerators, air conditioners and washing machines.LG’s TV business, the world’s second-largest, reported a second straight quarterly loss as weak currencies in Europe and Russia hurt demand for TVs and profitability. The operating loss widened to 82.7 billion won during the quarter from 6.2 billion won in the previous three months.LG’s mobile business produced a tiny profit as it spent heavily to promote the G4 flagship smartphone in the face of Apple’s iPhone and Samsung’s Galaxy smartphones. The company had significant growth in North America for smartphones and tablets. But revenue dropped in South Korea, which is traditionally a major source of high-end phone sales for LG.Overall, LG sold 14.1 million phones during the three month period, slightly lower than a year earlier, but produced just 200 million won of operating income, or less than $200,000.LG has been in an uphill battle in the premium smartphone market dominated by Apple and Samsung, which together account for more than 90 percent of global profits from smartphones. Its efforts to improve brand recognition and advance in the high-end phone market have not paid off. How men can have a healthy 2019last_img read more

Chase Ramps Up Consumer Relief Efforts

first_img May 25, 2016 512 Views Share in Daily Dose, Government, Headlines, News An independent monitor reported on Thursday that JPMorgan Chase is about 97 percent of the way toward fulfilling its consumer relief obligation under the $13 billion RMBS settlement reached in November 2013.The Office of Joseph A. Smith Jr., Monitor of the Chase RMBS settlement, announced that he has credited Chase with $3.88 billion in consumer relief to 165,191 borrowers through September 30, 2015.“I have credited Chase with $3.88 billion in consumer relief after an in-depth review of its consumer relief activities,” Smith said. “Chase self- reported an additional $113 million in relief, which I will review and discuss in my next report.”Should Smith approve the additional $113 million (to another 2,613 borrowers, through December 31, 2015) and $62.7 million (to 1,156 borrowers through March 31, 2016) reported by Chase’s Internal Review Group, it would satisfy the bank’s consumer relief obligation under the terms of the settlement a year and nine months early. The bank has until December 31, 2017, to provide the remaining $120 million.“We’ve been there for our customers from the beginning of the crisis and remain committed to supporting those who require assistance,” said Peter Muriungi, head of mortgage servicing at Chase. “We’re pleased with the findings of today’s report which speaks to our continued focus on helping our customers remain in their homes.”The report released Thursday was Smith’s eighth report on Chase’s progress toward fulfilling the terms of the settlement. Smith credited Chase with an additional $206 million in consumer relief during the third quarter of 2015, bringing the total credited up to its current level of $3.88 billion. More than half of that $3.88 billion has been in the form of modification-forgiveness/forbearance ($2.018 billion). Approximately $874 million of the relief has come in the form of rate reduction, and about $1.17 billion has been in the form of low- to moderate-income and disaster area lending.Chase settled with the government in November 2013 for a then-record $13 billion amid claims that the bank, along with Bear Stearns and Washington Mutual, sold faulty residential mortgage-backed securities to investors prior to the financial crisis. Chase was required to make $9 billion in direct payments to government agencies and five states and provide $4 billion in consumer relief under the settlement.Click here to view the monitor’s complete report.center_img Chase Consumer Relief RMBS Mortgage Monitor 2016-05-25 Seth Welborn Chase Ramps Up Consumer Relief Effortslast_img read more

CINCINNATI OH — Flying on empty legs flights by

first_imgCINCINNATI, OH — Flying on empty legs, flights by private jet that are to reposition an aircraft before or after dropping other passengers off can save money. However, you need to travel on other’s schedule. Delta AirElite, a private jet charter company, is offering the following empty legs:STUART, FL, US ( KSUA ) to BELIZE CITY, BZ ( MZBZ ) Learjet 45XR – 9 Pax Available: 11-Aug-2008HUNTINGTON, WV, US ( KHTS ) to STUART, FL, US ( KSUA ) Learjet 45XR – 9 Pax Available: 11-Aug-2008 – 12-Aug-2008ST LOUIS, MO, US ( KSUS ) to VAIL, CO, US ( KEGE ) Learjet 60 – 7 Pax Available: 12-Aug-2008CINCINNATI, OH, US ( KCVG ) to PUNTA GORDA, FL, US ( KPGD ) Learjet 60 – 7 Pax Available: 13-Aug-2008TETERBORO, NJ, US ( KTEB ) to CINCINNATI, OH, US ( KLUK ) Challenger 604 – 10 Pax Available: 13-Aug-2008BLOOMINGTON, IN, US ( KBMG ) to MISSOULA, MT, US ( KMSO ) Hawker 700A – 9 Pax Available: 13-Aug-2008CINCINNATI, OH, US ( KCVG ) to CINCINNATI, OH, US ( KLUK ) Learjet 35A – 8 Pax Available: 13-Aug-2008 – 14-Aug-2008Contact:Phone: 859-767-3500 , 800-927-0927 Fax: 859-767-1660 Email: charterquote@airelite.comlast_img read more

Limassol theft suspects remanded

first_imgTwo 20-year-old males were remanded in custody for eight days on Saturday in connection with the theft of valuables worth close to €88,000 from a Limassol apartment in May.The pair were arrested on Friday.They are suspected of breaking into an apartment on May 1 and stealing two wrist watches, cufflinks, a gold bar, and other valuables worth €87,727.You May LikeCity BeautyDo This To Fix Sagging Jowls Without SurgeryCity BeautyUndoHearClearRowland Heights Seniors With Hearing Loss Are In For a Big SurpriseHearClearUndoGundry MD Vital Reds SupplementConstantly Fatigued? Top Surgeon Shares The Ultimate Health HabitGundry MD Vital Reds SupplementUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

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