first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Pixabay Stock Image.WASHINGTON – After years of government scrutiny, Facebook is now facing two massive anti-trust lawsuits and a possible split-up.One lawsuit, filed by the Federal Trade Commission, could break up the company by forcing it to sell Instagram and What’s App.The second, filed by more than 40 state Attorneys General, seeks to require Facebook to give notification of future acquisitions valued at $10 million or more.Both suits accuse Facebook of abusing its dominance in the digital marketplace and engaging in anti-competitive behavior. Facebook responded to the lawsuits in a post, saying the FTC already approved all of its acquisitions, but now wants a do-over.last_img read more

first_imgA start-up solar panel manufacturer; a homegrown internet marketing firm; and an industrial pump manufacturer have been authorized to earn more than $12.5 million worth of state job creation incentives. A fourth firm’s application was denied. Governor Douglas and legislative leaders recently increased the amount of money available for incentives, thus allowing incentive levels to reach all three companies.The companies, if they grow in or locate in Vermont, could create 815 new jobs over the next five years, according to officials with the Vermont Economic Progress Council, which authorized the incentives on Thursday.“These are Initial Approvals, but they are in important step forward in securing these jobs for Vermont,” said Karen L. Marshall, Chairwoman of the Vermont Economic Progress Council. “If created, these 815 jobs would represent more than 6% of the positions that were lost during the recession. This kind of growth is unprecedented. ”Internet marketing company of Burlington was authorized for $3.5 million in incentives to expand and grow its workforce; pump maker Hayward Tyler for $1.1 million to expand its manufacturing presence in Vermont; and start-up photovoltaic manufacturer Skypoint Solar was authorized for up to $7.9 million in Green VEGI incentives to set up research and development and manufacturing of thin-film photovoltaic technology.“This is a critical piece of our financing plan as we move forward,” said John R. Tuttle, Skypoint’s CEO. “There is still a lot more work to do but these incentives definitely make our next steps easier and will help ensure that, when our financing is in place and final decisions are made, the project occurs in Vermont.”Hayward Tyler, headquartered in Luton, England, makes specialty industrial pumps and has facilities in Europe, China, India and Vermont.“Our parent company is evaluating its options for expanding manufacturing capacity, and these incentives are sure to be an important consideration during those deliberations,” said Vince Conte, Hayward Tyler General Manager.Founded in Burlington in 1997, is today the global leader in Internet marketing solutions for the automotive industry.The wellness-focused and culture-rich company now employs over 310 at its state-of-the-art, green certified 60,000-square foot downtown headquarters at Howard and Pine Streets.“ will continue to grow fast,” said David Stetson, CFO.  “These incentives will help ensure that growth occurs here in Vermont.”“Once our Board of Directors has acted, there will be no hesitation whatsoever in creating high-paying jobs that will further strengthen’s lead in the market,” said founder, president, and CEO Mark Bonfigli. “We will put this money to work and we really feel that is a company that Vermonters can be proud of as it continues to grow over time.”A fourth firm that applied for incentives, Business Financial Publishing, an online information service for investors, had its application denied on the grounds that it did not meet the “but for” test required by law.The initial approvals do not guarantee the authorization of incentives. The applicants must make location and other decisions, in some cases obtain debt or equity financing, firm up their plans, and submit Final Applications for consideration by VEPC. These approvals will reserve $12.5 million of the $23 million 2010 cap for these projects, as approved by the Emergency Board on January 22.     Under reforms proposed by Governor Jim Douglas in 2006 and passed by the General Assembly, the VEGI economic incentives are authorized based on potential job creation and capital investments that must occur before the company earns the incentives and then the company receives incentive installments over a period of years.The companies are eligible to earn the job creation incentives only if they meet and maintain payroll, employment and capital investment targets each year. Overall, these projects could create 815 new full-time jobs, $47.5 million in new payroll, and $195.7 in new capital investment over five years.The Council approved the applications after reviewing nine program guidelines and applying a rigorous cost-benefit analysis which showed that because of the economic activity that will be generated by these projects, even after payment of the incentives the State will realize a minimum net increase in tax revenues of $4.9 million over five years.The Council also determined that these projects would not occur or would occur in a significantly different and less desirable manner if not for the incentives being authorized, the “but for” test.“The fact that the Council turned down an application on that basis demonstrates the scrutiny that applicants face and careful deliberations that take place,” Marshall said. “We are grateful that the Emergency Board voted to allow VEPC to exceed the $10 million cap on the program so that incentives could be authorized for these projects.”The Vermont Economic Progress Council is an independent board consisting of nine Vermont citizens appointed by the governor, and two members appointed by the House of Representatives and the Senate, that considers applications to the state’s economic incentive programs.The Council is attached to the Vermont Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong communities.For more information, visit: is external)Source: Vermont Commerce Agency. 1.29.2010last_img read more

first_img The Mexican police detained a member of Los Zetas believed to hold the third-ranking position in the cartel’s command structure and linked to the murder in Mexico of a U.S. Immigration and Customs Enforcement agent, the Secretariat of Public Safety announced on 4 July. “In the municipality of Atizapán de Zaragoza, in the state of Mexico (in central Mexico),” federal agents detained “Jesús Enrique Rejón Aguilar, alias ‘El Mamito,’ one of the leaders and founders of the Los Zetas criminal organization,” indicated the secretariat, which exhibited the arrestee to the press on the same day, 4 July. According to the agency, Rejón Aguilar is under investigation for the attack on two ICE agents on 14 February in the state of San Luis Potosí (in northern Mexico). One of the agents, Jaime Zapata, died, and the other was seriously wounded. “El Mamito” was one of the founders of Los Zetas and was considered the third-in-command of the Los Zetas organization, after Heriberto Lazcano (“El Lazca”) and Miguel Angel Treviño (“Z-40”). By Dialogo July 06, 2011last_img read more

first_imgDec 16, 2005 (CIDRAP News) – A sixth human case of H5N1 avian influenza has been confirmed in China, and two more cases are suspected in Indonesia, according to reports today.The Chinese Ministry of Health has confirmed H5N1 infection in a 35-year-old man from the southeastern province of Jiangxi, the World Health Organization (WHO) reported. He became ill Dec 4 and is under intensive care in a hospital, the agency said.An H5 virus has been found in ducks near the man’s home, the WHO said. His family members and close contacts are under observation.The man’s illness brings the WHO’s count of confirmed H5N1 cases over the past 2 years to 139, including 71 deaths. Two of the six cases in China have been fatal.In Indonesia, initial tests have pointed to avian flu in a 39-year-old man from South Jakarta who died Dec 13, according to Agence France-Presse (AFP) and other news services.Local officials were running further tests, and samples from the man also were sent to the WHO reference laboratory in Hong Kong for testing, AFP reported.The Indonesian health ministry is also testing samples from an 8-year-old boy who died yesterday in a Jakarta hospital, Bloomberg News reported today.Ilham Patu, a physician at Jakarta’s Sulianti Saroso Hospital, said the boy suffered from a high fever, cough, and breathing problems and lived in a neighborhood with many pet birds and chickens, according to the story.Indonesian officials reported the country’s 14th case of H5N1 infection earlier this week. The WHO confirmed the case, in a 35-year-old man from West Jakarta, on Dec 14. He died Nov 19 after a 2-week illness; his case was the ninth fatal one in Indonesia.The man did not keep poultry, but samples from birds found in his neighborhood were being tested, the WHO said.In other news, the United Nations’ avian and pandemic flu coordinator said today that subtle mutations in the H5N1 virus may be increasing the threat of a pandemic, according to an AFP report.”There are some subtle changes in the genetic makeup of H5N1 which suggest that it is making some of the mutations that would enable it to have a higher likelihood of being able to become a human-to-human transmitted virus,” David Nabarro was quoted as saying.Nabarro, speaking in Phnom Penh, Cambodia, said virologists who monitor the virus have warned against complacency. “It is quite feasible that H5N1 could mutate,” he said. “The fact that it has taken some years should not lead you to believe that we are through the worst.”In Malawi, the unexplained deaths of thousands of migratory birds called drongos have sparked worries about avian flu, according to another AFP report published today.The birds started dying early this week on a hill in the center of the southern African country, AFP reported. Scores of villagers were said to be eating the birds, Wilfred Lipita, Malawi’s livestock and animal director, told AFP.Officials have sent blood and tissue samples to South Africa for testing. The birds were believed to have migrated from Israel, because one of them had a ring with the word “Israel” inscribed on it, the story said.See also:Dec 16 WHO statement 14 WHO statement read more

first_imgFlu activity rebounds at many collegesFlu activity at US colleges has increased significantly, showing spikes even in some areas such as the southeast that have reported decreases over the past few weeks, the American College Health Association (ACHA) said yesterday. The Midwest, mid Atlantic, and northeast regions also showed unexpected rebounds. The report for the week ending Oct 23 said the rate of flu-like illnesses on member campuses was 28 per 10,000 students, up 34% from the week before. 28 ACHA surveillance reportFeds address spot liquid Tamiflu shortagesIn response spot shortages of the pediatric liquid suspension version of Tamiflu, an official from the US Centers for Disease Control and Prevention (CDC) said today at a media briefing that on Oct 1, 300,000 bottles from the national stockpile were shipped to states. The CDC said more pharmacy chains are compounding the medication and that parents can mix crushed pediatric capsules with a spoonful of, for example, chocolate syrup. info on mixing Tamiflu capsules, liquidNovartis: US vaccine order is on trackNovartis said today it is on track to produce 90 million units of bulk pandemic vaccine antigen to the US market, enough for 60 million doses. It expects multidose and prefilled vial deliveries to reach 25 to 30 million by the end of November. The company has shipped 7.5 million doses. Novartis said early vaccine yield was low, but a new seed strain it began using in mid September is getting a 63% yield. The CDC said today that total US H1N1 vaccine received is now at 24.8 million doses. 29 Novartis media releaseLack of parental OK slows NYC school vaccinationsFewer than half of New York City parents with children in elementary school have signed consent forms for their children to receive H1N1 vaccine at school, the New York Times reported. Health officials had no citywide figure but said between 5% and 50% of parents have given permission. Possible reasons for parents’ reluctance may include vaccine safety concerns and the assumption that some children had the virus in the spring and are now immune. 29 New York Times storyUS student absenteeism and school closings climbThe number of students home sick with the flu and the number of school closings have been climbing steadily, the Associated Press (AP) reported. By the end of last week, the number of closed schools reported by the US Department of Education reached 351, affecting 125,000 students. Officials suspected that many closing have not been reported. One especially hard-hit school was St. Charles East High in suburban Chicago, where 800 of 2,200 students were absent.Some Canadian docs slow to join vaccination effortFamily physicians in parts of Canada have been slow to sign up to give H1N1 vaccinations, citing various obstacles, the Canadian Press reported. In Ontario, some doctors have been deterred by a requirement that they order vaccine in 500-dose lots, while others objected to a demand that they provide a weekly record of every dose delivered. Some provinces are not asking family doctors to help launch the vaccination drive and instead are focusing on mass immunization clinics.Uncertain timing clouds UK vaccine campaignGeneral practitioners in Britain have said it could take weeks for them to receive H1N1 vaccine supplies, leaving those in priority groups uncertain about when they can be vaccinated, the Daily Express reported. Healthcare workers and hospital patients received their doses last week, and it was expected that vaccination of other priority groups would begin this week. But many doctors have not yet received their doses and don’t know just when they will come. 29 Daily Express reportChina sees tough flu fight aheadChinese government sources said flu activity is spiking in many parts of the country and clusters of illnesses are occurring in schools, Agence France-Presse (AFP) reported today. China’s state council said the country’s challenge is grim. The assessment was prompted by the death of a student at a university in Beijing where other students were ill. The fatality is China’s fourth from the pandemic H1N1 virus. 29 AFP storylast_img read more

first_img“If I think about the UK pension system, if I talk to my colleagues in PensionsEurope, there is a huge amount of regulation and legislation applied in those countries around the governance and security of pension provisions within those countries.“We mustn’t kid ourselves. We mustn’t think for one moment we are starting from a position of zero – and there is a risk that, in this debate, when we talk about Solvency II arrangements for insurance companies versus what might be in the communication tomorrow from commissioner Barnier for IORP, is that we are starting from a position of zero, which we absolutely are not.”Segars, also the chief executive of the UK’s National Association of Pension Funds, the single largest occupational pensions market affected by the potential for capital requirements, said solvency rules would in fact undermine security.“It could decrease the amount of security, decrease the amount of adequacy and decrease savings in pensions,” she said. European solvency requirements for the Continent’s IORPs could only be applied if all countries were starting from “a position of zero”, Joanne Segars, the chair of PensionsEurope has insisted.Continuing the war of words over the introduction of solvency requirements for pension funds at a conference to mark the second anniversary of the European Commission’s White Paper on Pensions, Insurance Europe’s director general Michaela Koller argued that, while not every industry providing pension promises needed to be subject to the same regulatory framework, there remained a need for ‘same risk, same rules’.The conference – which saw the internal market commissioner Michel Barnier indicate that, while he had postponed the publication of pillar I legislation detailing capital requirements, it remained an issue his successor would examine – also saw Segars continue the group’s fight against a solvency framework for the sector.She said: “There’s a risk that the debate starts from the point that there are no rules that sit around the funding requirements and the solvency requirements of IORPs – and that, of course, isn’t the case.last_img read more

first_imgThis followed the last of five initial meetings scheduled for January, which have been facilitated by Joanne Segars, the chair of the joint expert panel appointed to help resolve the dispute about USS. The faciliated meetings were agreed to after the panel published its second report.A spokesperson for UUK, the body for employers, said it regretted that further strike action was being planned “at a time when positive talks on the future of the scheme are making significant progress and are ongoing”.“If universities want to avoid further disruption they need to deal with rising pension costs, and address the problems over pay and conditions”Jo Grady, UCU general secretaryBenefits funding tussleAccording to UCU, its general secretary Jo Grady has said that action by the trade union’s members has made employers more cooperative but “we haven’t seen the movement we need”.“If universities want to avoid further disruption they need to deal with rising pension costs, and address the problems over pay and conditions,” she said.The UUK spokesperson said the trade union wants employers to pay “still higher contributions at unaffordable levels”.Employers had agreed to cover 65% of increased costs for maintain current pension benefits, taking their contribution to 21.1% of salaries from October 2019, amounting to a collective additional £250m a year, the spokesperson said.“Members have been asked to make a fair contribution, too.”Under the 2018 valuation, USS members’ contributions have been 9.6% of salaries since October and are due to rise to 11% from October 2021, with employers’ contribution set for an increase to 23.7%.According to the spokesperson, the talks between UCU, USS, and UUK were set to continue at least until March and “are building a shared understanding on the future of the scheme, jointly developing governance reforms and considering alternative pathways for the 2020 valuation”.The UCU spokesperson said the trade union would be continuing with the joint talks, and hoped that “real progress can be made” before 20 February.In her latest update – about the fourth of five meetings that have been held – Segars said “the tripartite group continued to hold productive discussions”.2020 valuationUSS is currently engaging with UUK, UCU and The Pensions Regulator about the methodology for its next valuation, which has to be completed by 30 June 2021 and will be based on a snapshot of the scheme as at 31 March this year.In a recent update to USS employers, the pension scheme said “clear and collective financial commitments” to USS would be crucial to maintain the highest covenant rating possible for the 2020 valuation.While it was possible that USS could contemplate taking more risk in its investment strategy, “this would require employers to further reinforce their commitment with some form of security”, the scheme added.According to the update, USS is to send to employers a discussion document next month to get their views on some of the main features of the 2020 valuation, including USS’s proposed methodology and overviews of the approach to the covenant and risk appetite.USS indicated that as at the end of 2019 the cost of funding new pensions looked to have increased by around 3%, from 28.7% of payroll to 32%, although this was on the basis of the methodology and demographic assumptions used for the 2018 valuation. Staff at 52 UK universities are planning to strike over pensions over 14 days in the coming two months after talks with employers in the £70.1bn (€78.2bn) Universities Superannuation Scheme (USS) failed to satisfy their trade union.The University and College Union (UCU) announced the planned strike action yesterday, saying it would start on 20 February and “escalate each week” to culminate with a week-long walkout in March. At the vast majority of the 52 universities the strike action is over pay as well as pensions, and follows walk-outs by UCU members at 60 universities in November and December.Representatives of UCU, Universities UK (UUK), and USS have been holding joint talks since last month about USS.According to a spokesperson for UCU, the trade union’s higher education committee was “not satisfied that employers were doing enough and sanctioned this next round of strikes”. This was on the basis of feedback from the tripartite meetings, which was presented to the UCU committee on Thursday.last_img read more

first_imgPetronet said its terminals regasified 190 trillion British thermal units in the period, compared to 219 TBTU in the previous quarter and 226 TBTU in the same quarter last year. India imposed a nationwide lockdown from the last week of March to stop the spread of the coronavirus. However, following the relaxation of the lockdown measures in the second half of June, the demand has seen gradual recovery with the Dahej terminal operating at its full capacity, Petronet said. Image: Petronet LNG To remind, the LNG importer revealed earlier this month it invoked a force majeure for nine long-term cargoes with its suppliers Qatargas and ExxonMobil. Net profit after tax stood at 5.2 billion rupees ($69.5 million) in the first quarter of the 2020-21 fiscal, compared to 5.6 billion rupees last year. The company’s 17.5 mtpa Dahej terminal regasified 181 TBTUs during the quarter, compared to 217 TBTU last year.center_img This affected many industries, refineries and power plants resulting in a demand reduction at the Dahej terminal, it said. Revenues dropped 43 percent year-on-year to 49.5 billion rupees ($663 million) in the April-June quarter as regasified volumes declined due to the mentioned lockdown. Before Covid-19, Dahej operated at about 92 percent of capacity while in April the utilization fell below 60 percent, Petronet said. The company’s underused 5 mtpa Kochi LNG terminal has also seen a drop in utilization from about 20 percent in February to 12.22 percent in May. India’s biggest LNG importer Petronet reported a drop in net profit due to lower demand in the country caused by the Covid-19 lockdown.last_img read more

first_imgJust to assist the reporter to understand what we actually saidIf marriage is redefined once, what is to stop it being redefined again? Allowing only same-sex marriage on the basis of love and commitment would then open the door for polygamous, polyamory (group), and consensual adult incest-type marriages. Why would discrimination against these loving adults be ok? They may be illegal now, but it wasn’t that long ago that same-sex marriage was illegal also.—Colin-Craig/tabid/1607/articleID/284039/Default.aspxlast_img

first_img FacebookTwitterWhatsAppEmail分享 They claim that the player has had no contact with his team-mates since picking up the illness. Coronavirus which has now been nicknamed Covid-19 has continued to spread worldwide forcing cancellation/postponement of champions and tournaments ubers-left-plays-for-Hannover-96-and-is-understood-to-have-picked-up-the-virus-on-Saturday.jpg Today’s Manchester City’s Premier League match with Arsenal has been postponed as a “precautionary measure” and several Gunners players are in self-isolation after Olympiakos owner Evangelos Marinakis contracted coronavirus. Arsenal say Marinakis, 52, met a number of their players when the Gunners hosted the Greek side in a Europa League match two weeks ago. Read AlsoCoronavirus fear: Nigeria may drop Aina, Ekong if……. Marinakis who also owns Championship side Nottingham Forest said on Tuesday he had tested positive for Covid-19. Olympiakos will host Wolves in the Europa League on Thursday after Uefa rejected Wolves’ request for the last-16 first-leg match to be postponed. Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable WayBirds Enjoy Living In A Gallery Space Created For ThemThe Highest Paid Football Players In The WorldThe Adorable Model For Simba In The Lion King RemakeThese TV Characters Left The Show And It Just Got Better7 Universities In The World With The Highest Market ValuePlaying Games For Hours Can Do This To Your Body7 Universities In The World Where Education Costs Too MuchEvery Movie Starring Sylvester Stallone From Best To WorstA Hurricane Can Be As Powerful As 10 Atomic Bombs6 Interesting Ways To Make Money With A Drone5 Of The World’s Most Unique Theme Parks A German second division footballer has tested positive for the virus. Hannover say their defender Timo Hubers, 23, is in quarantine at home while the rest of the playing staff will be tested. Gerhard Zuber, sporting director of Hannover 96 said: ‘Timo behaved in an exemplary manne ‘He shows no symptoms himself. So far, when he found out that a person who had been with him at the event was tested positively, he reported directly to the doctor and temporarily went into quarantine at home. ‘ The entire squad, coaching team and staff are being tested for the virus as a precaution. Media appointments have been cancelled and training will take place behind closed doors but Hannover’s clash with Dynamo Dresden on Sunday will however still go ahead.. According to the club’s website, it is assumed that Hubers picked up coronavirus at an event on Saturday evening.Advertisement Loading… last_img read more