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Five stories in the news today May 8

Five stories in the news today May 8

first_imgFive stories in the news for Monday, May 8———REINFORCEMENTS DEPLOYED IN QUEBEC FLOOD FIGHTAdditional Canadian military personnel have been deployed in Quebec’s vast flood zone to help exhausted residents battle the unrelenting deluge. Quebec has been devastated, with nearly 1,900 flooded homes in roughly 130 municipalities, from the Ontario border in the west, to the Gaspe peninsula — and there’s still no relief in sight.———TORIES PLAN CONFIDENCE VOTE AGAINST SAJJANHarjit Sajjan returns to the hot seat today as the Conservatives renew their attacks against the defence minister’s credibility. Tory defence critic James Bezan says he’ll table a non-binding motion expressing a loss of confidence in Sajjan. The motion has little chance of passing, but it could still make for another long day for Sajjan who’s faced heavy fire for exaggerating his role in Operation Medusa, a key battle involving Canadians in Afghanistan in 2006.———NEW GUIDELINES AIM TO REDUCE OPIOID USENew guidelines for prescribing opioids encourage doctors to avoid giving the powerful narcotics as a first-line treatment to patients with chronic, non-cancer pain. The guidelines, released Monday, suggest physicians first try other medications or non-pharmaceutical therapies to prevent a host of potential harms associated with opioid use. Those harms include physical dependence or addiction, as well as the increasingly common risk of fatal overdoses.———CARING FOR AGING PARENTS COSTS $33 BILLION A YEARA new CIBC study says caring for aging parents is costing Canadians $33 billion a year in direct out-of-pocket expenses and time off work. It also says that number will only increase over the next decade, as the share of Canadians aged 65 and older grows from its current level of 17 per cent to roughly 22 per cent. The report suggests nearly two million Canadians with parents over age 65 incur care-related out-of pocket costs of $3,300 per year.———‘COME FROM AWAY’ WINS 5 OUTER CRITICS CIRCLE AWARDSThe Canadian theatrical production “Come From Away” has won five Outer Critics Circle Awards, including outstanding new Broadway musical. “Come From Away” is set in Gander, N.L., in the aftermath of the 9/11 attacks. The remote East Coast town saw its population double as it sheltered 6,579 passengers and crew from 38 planes diverted when U.S. air space was closed on Sept. 11, 2001. “Come From Away” tied with the Broadway revival “Hello, Dolly!” starring Bette Midler for the most overall wins.———last_img read more

Afghanistan tops agenda of UN chiefs visit to Portugal

Afghanistan tops agenda of UN chiefs visit to Portugal

Mr. Ban will also hold a number of bilateral meetings with world leaders gathered in Lisbon, according to his spokesperson. Among them will be Afghan President Hamid Karzai, with whom the Secretary-General will discuss the situation in the country and the UN’s efforts there, as well as other key issues.In his latest report on Afghanistan, which was issued in September, Mr. Ban warned that much of the progress achieved in recent months is fragile and continues to be overshadowed by the deterioration in the security situation. He added that maintaining focus and momentum on the transition to Afghan leadership, amid rising security challenges and competing domestic, regional and international political pressures, will require sustained Government attention and the support of international partners. 18 November 2010Secretary-General Ban Ki-moon will travel to Lisbon, Portugal, this weekend to attend a high-level meeting on Afghanistan held under the auspices of the North Atlantic Treaty Organization (NATO). read more

Sears Canadas registered retirement plan appoints new administrator

Sears Canadas registered retirement plan appoints new administrator

VANCOUVER — Morneau Shepell is taking over administration of Sears Canada Inc.’s registered retirement plan.The Financial Services Commission of Ontario says in a statement that the Ontario Superintendent of Financial Services appointed the human resources consulting and technology company after a competitive tendering process.The commission says the superintendent determined it’s inevitable that the plan will need to be wound up, but said the date and details are to be determined.Morneau Shepell, which takes over the plan’s administration effective immediately, will contact members in the coming months.Sears Canada says in a statement that it welcomes the appointment and the company is working closely with Morneau Shepell on a smooth transition.The retailer, which has been operating under court protection from creditors since June, received court approval last week to begin its liquidation sales starting Thursday. read more

Heated exchange in Parliament on antidumping bill

Heated exchange in Parliament on antidumping bill

Minister of Development Strategies and International Trade Malik Samarawickrama told Parliament that Sri Lanka hopes to sign the FTA with Singapore next month. The Minster said that Sri Lanka needs anti-dumping laws in place to ensure the best practices are followed when the FTAs are implemented.However the opposition said that a vote must be taken on the bill in January as there was no agreement among party leaders to submit the anti-dumping bill today. He also said that Sri Lanka will sign FTAs with China and India as well as several other countries. A heated exchange erupted in Parliament today between the Government and the opposition over the anti-dumping bill.The Government called for the bill to be passed urgently ahead of the signing of key Free Trade Agreements (FTA) with several countries, including Singapore, China and India. Leader of the House Lakshman Kiriella however said that the party leaders had agreed to present the anti-dumping bill to Parliament today.Following a heated exchange it was then decided that the bill will be presented today but debated and a vote taken in January. (Colombo Gazette) read more

Ticats fans prepare for Grey Cup

Ticats fans prepare for Grey Cup

00:00:00 | 00:00:00::Projekktor V1.3.09 The Ticats kick off tomorrow against the Saskatchewan Roughriders for the Grey Cup, and fever for the black and gold has taken over the city.Many bars are preparing for what is expected to be their busiest day of the year.This is the first time the Ticats have played for the Grey Cup in 14 years.

Hamilton Police investigating car fire

Hamilton Police investigating car fire

Hamilton Police investigating an alleged arson overnight.Police and fire were called to Gibson Avenue shortly after 1:30 Sunday morning.When they arrived, a car was in flames, and a second car subsequently caught fire.Police say witnesses told them they saw three men running away from the scene at the time the fire was set.Investigations say there is no indication the family was targeted.There were no injuries.Hamilton Police have taken over the investigation.

CV registrations up 12 per cent – strong start to 2003

CV registrations up 12 per cent – strong start to 2003

Year opens 12.0 per cent up on January 2002 Highest ever January since the three record years from 1988 to 1990 Continues the robust 7.4 per cent growth set at December 2002 CV registrations confound economic uncertainty Light CV registrations up 12.1 per cent on the same month last year Truck registrations up 10.5 per cent, mostly over 15 tonners and above Fare stage buses up 67.2 per cent, year on year DownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)

Kallman back to the Swedish squad for the OGQualifications

Kallman back to the Swedish squad for the OGQualifications

← Previous Story Tatran Presov wins Slovak Cup! Next Story → David Graubner goes to TV Grosswallstadt Good news for the Swedish national team ahead of the April’s qualifications for the Olympic Games. The host of the Olympic-qualification tournament will have Jonas Kallman back in the squad after his cardiac surgey due to which he missed the European Championship in Serbia. This gives the hosts a bit more weigh in the battle against the strong teams of Macedonia, Hungary and Brazil.

Childcare worker settles damages claim after falling on plastic toy

Childcare worker settles damages claim after falling on plastic toy

first_img Image: Shutterstock/Africa Studio Friday 20 Jan 2017, 2:40 PM Short URL 19,759 Views By Aoife Barry Childcare worker settles damages claim after falling on plastic toy The woman said she has suffered back pain since the incident. Tweet thisShare on FacebookEmail this article Share8 Tweet Email4 Image: Shutterstock/Africa Studio A 26-YEAR-OLD childcare worker, who claimed she suffers back pain since she tripped and fell on a plastic toy in a creche, has settled a €60,000 damages claim in the Circuit Civil Court, for an undisclosed sum.Natasha Carberry told the court that in January 2015, she was called by a superior to assist in changing nappies in the babies room at Precious Minds creche, Griffin Drive, Lucan, Co Dublin.She said she was usually in charge of children aged between one and two years old in a different room and had needed to take two children with her in the babies’ room, while the others were asleep.Carberry, of Beech Grove, Lucan, told her barrister, Frank Crean that her superior left the babies room and she had to look after six awake and three sleeping children.Judge Brian O’Callaghan heard that as she went to assist one of the children, she tripped on a plastic plate and fell on her right side. She had been in shock.Carberry said she felt pain in her lower back and in her right leg. She had later gone to her GP. The court heard she suffered soft-tissue injuries to her back.Ongoing painMr Crean said his client has ongoing pain in her back and is considering a change of career as a result. Carberry sued Precious Minds Ltd for negligence.She claimed the creche had failed to have regard to her safety and that the child/adult ratio had been too high that day.Sean Walsh, a forensic engineer who gave evidence on behalf of Carberry, said it was essential that staff should not be placed in unduly stressful working conditions.The creche had denied liability and had claimed Ms Carberry had been the author of her own misfortune. It also alleged that it was her duty to keep the floor clear.Following a brief adjournment, Crean told Judge O’Callaghan that talks had taken place between the parties and an accommodation had been found, without admission of liability.The judge complimented the parties and struck out Carberry’s claim, awarding her legal costs.Read: Woman loses €60k damages claim over broken finger and lost nail> 34 Comments Jan 20th 2017, 2:40 PM http://jrnl.ie/3196607 last_img read more

Man to appear in court charged in connection with murder of Samantha

Man to appear in court charged in connection with murder of Samantha

first_img Source: Rollingnews.ieA MAN IN his late 20s is to appear in Waterford District Court tomorrow morning charged in connection with the investigation into the murder of 31-year-old Samantha Walsh.Gardaí discovered 31-year-old Samantha’s body after they were called to an apartment at Thomas Court, Thomas Street, in Waterford city at about 3pm on Friday afternoon.The man was arrested yesterday evening and then detained at Waterford Garda Station.Comments are closed for legal reasonsRead: ‘It’s so hard to take in’: Woman (20s) dies in fire at home of club rugby playersRead: FactFind: How much water do we actually use? Monday 1 May 2017, 10:13 PM Tweet thisShare on FacebookEmail this article 17,662 Views May 1st 2017, 10:13 PM No Comments http://jrnl.ie/3368270 Short URL By Cianan Brennan Man to appear in court charged in connection with murder of Samantha Walsh The 31-year-old woman’s body was discovered on Friday afternoon in an apartment in Waterford city. Share Tweet Email1 last_img read more

Fabregas impresses in Monaco debut

Fabregas impresses in Monaco debut

first_imgAS Monaco new signing Cesc Fabregas impressed for the struggling Ligue 1 outfit as the played a 1-1 draw against Marseille on Sunday night, according to France24.Fabregas, who joined Thierry Henry’s side from Chelsea on Friday, was a composed figure in the midfield as the Principality club recovered from a slow start to earn a point courtesy of Youri Tielemans’ equalizer in the 51st minute.The former Arsenal captain almost provided the assist for a late winner for Tielemans in stoppage time with a clipped pass but the Belgian hesitated on the ball and ended up shooting a presentable opportunity wide.Fabregas’ arrival at Monaco on Friday was the third addition by the former Ligue 1 champions in January after veteran defender Naldo and France under-21 left-back Fode Ballo-Toure, who both featured against Marseille.Marseille needing to replace Florian Thauvin Taimoor Khan – September 12, 2019 Florian Thauvin is out of action due to an ankle injury which means that Olympique de Marseille have to quickly seek a solution. It’s…The draw was a good result for a team without a recognized striker in the starting lineup and not enough available players to change the game from the substitute bench.Monaco remain in the relegation zone despite picking up a point and are four points behind 17th position after winning just two games since Henry’s arrival in October.However, their quest for survival was handed a boost after  Paris Saint-Germain battered Amiens, who occupy 17th position, 3-0 on Saturday and Caen in 16th losing 3-1 at home to Lille.last_img read more

Morgan says nobody should blame Puel

Morgan says nobody should blame Puel

first_imgLeicester City lost 2-1 against Football League two minnows Newport County in the FA Cup Third Round, but for the player, manager Claude Puel is not at fault.After Leicester City was kicked out of the FA Cup on the Third Round, many blamed coach Claude Puel.But a footballer has come out on is defense: Wes Morgan.“I do think any criticism (of Puel) would be unfair,” Morgan told The Independent.“Obviously people will look at the result and judge by that. But if you look at the chances and opportunities we had, we could have won that game quite easily.”Harry Maguire, Manchester UnitedSolskjaer praises Harry Maguire after Man United’s 1-0 win Andrew Smyth – September 14, 2019 Ole Gunnar Solskjaer singled out Harry Maguire for praise after helping Manchester United keep a clean sheet in their 1-0 win over Leicester City.“We’ve got a good squad and the gaffer’s got the problem of finding the right balance. He’s got to give players rest and other players opportunities,” he explained.“It’s the same for every manager and every team – and I thought we were definitely strong enough.”“It was a difficult day and the magic of the FA Cup happened, definitely,” Morgan commented.“It’s a big day for Newport and good luck to them.”last_img read more

Girdwood Fire Department Rescues Man Who Fell From Hand Tram

Girdwood Fire Department Rescues Man Who Fell From Hand Tram

first_imgThe Girdwood Fire Department responded to a report of someone falling from the tram about 10:11 a.m., according to a Facebook post from the department. An update posted at 11:15 a.m. said the Rescue Coordination Center would be taking the male patient to get medical care.This took place less than eight weeks after Jeffrey Hummel of Anchorage died after falling from the same tram on June 8. Facebook0TwitterEmailPrintFriendly分享The Girdwood Fire Department rescued an individual on Saturday morning after they fell from Girdwood’s Winner Creek Trail hand tram. According to the department the person sustained critical injuries. Additional details will be posted as they are made available.last_img

Bonnier Corp Hires Events Expert People on the Move

Bonnier Corp Hires Events Expert People on the Move

first_imgStamats Communications Inc. appointed Peter S. Stamats to the role of CEO, succeeding Guy Wendler, who is retiring after 35 years with the company and over two decades as chairman and CEO. Stamats, the grandson of company co-founder Herbert Stamats, formerly served as the company’s CFO and COO, and has been with Stamats since 1988.Katie Bo Williams is joining Atlantic Media as a senior correspondent for Defense One, effective July 30. She will be leading the publication’s daily global security news coverage with an emphasis on big-picture analysis of national security, military, foreign policy, politics and intelligence topics. Williams will also work with the events and editorial teams on various projects and will be based in the Washington, D.C. headquarters where she will report to executive editor Kevin Baron.Katie Bo WilliamsWilliams comes from The Hill, where she held the role of a national security reporter since 2015, and extensively covered the ongoing Special Counsel investigation. “For a while now, I’ve been impressed by her reporting, energy, sourcing, and grasp of the top news stories we are all grappling with these days,” says Baron. Elsewhere at Atlantic Media, Todd S. Purdum is joining The Atlantic as a staff writer and California correspondent, covering politics and culture. He will be tasked with growing The Atlantic’s presence in Los Angeles out of the newly-opened Los Angeles office, the second California-based office for the brand.Prior to this, Purdum spent 23 years with the New York Times as a Washington correspondent, then moved to Vanity Fair in 2006 before joining Politico as a senior writer in 2013. The hire of Purdum is part of The Atlantic’s plan to increase its Culture and Politics team as well as spearhead overall expansion for the brand, including the addition of 100 staffers this year.Politico’s current VP of communications, Brad Dayspring, is taking on the new responsibility of leading a newly consolidated marketing and communications team across the company.Michael Bingham was named editor-in-chief of New Haven Biz. Bingham has been with the publication for over two decades.Former executive editor of Foreign Policy, Sharon Weinberger, is taking on the role of Washington, D.C. bureau chief at Yahoo News, starting July 23. Weinberger will work with editor-in-chief Daniel Klaidman to establish a vision for Yahoo News in Washington, including the Russia investigation, coverage of the upcoming midterm elections, and the White House.Hamed Aleaziz is joining BuzzFeed News to cover immigration. Most recently, Aleaziz was a reporter at the San Francisco Chronicle.Business Insider’s former senior correspondent, Steve Kovach, is taking on the role as technology editor at CNBC.com.NBC News has tapped Dan DeLuce as an investigative reporter covering national security and global affairs. He most recently held the title of chief national security correspondent for Foreign Policy. Jonathan MooreBonnier Corp. has named Jonathan Moore as senior vice president, events, effective July 2. Moore joins the company from Family Media, where he served as president since 2016. Prior to that, Moore spent two years as managing director of Institutional Investor’s annual Mining Indaba conference and spent several years running Summit Professional Networks’ conference business. At Bonnier, Moore will be tasked with further expanding the company’s more than 100 annual events as part of the enthusiast publisher’s broader diversification strategy, according to CEO Eric Zinczenko.“The portfolio of events is well diversified and supported by highly passionate audiences,” said Moore in a statement. “The opportunity to identify new offerings around the existing portfolio as well as launching new products is tremendous.”Peter StamatsHere are the rest of this week’s people on the move…last_img read more

Students at these 12 universities can now pay for meals access buildings

Students at these 12 universities can now pay for meals access buildings

first_img Aug 31 • Verizon vs AT&T vs T-Mobile vs Sprint: Choose the best 5G carrier Tags Apple • $999 CNET may get a commission from retail offers. Boost Mobile See It Best Buy See It $999 Aug 31 • Your phone screen is gross. Here’s how to clean it See All See It Apple iPhone XS 1 Preview • iPhone XS is the new $1,000 iPhone X Apple Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? $999 reading • Apple teams up with 12 more colleges to bring student IDs to iPhone, Apple Watch Student IDs at some universities, including Georgetown, can now be stored in the Wallet on iPhones and Apple Watches. Apple Students at another 12 universities will soon be able to add their student IDs to their Apple Wallet. The additions will let more than 100,000 students use their Apple Watches and iPhones to pay for meals and transportation and access buildings on campus, Apple said Tuesday.”We know students love this feature,”Jennifer Bailey, Apple’s vice president of Internet Services, said in a release. “Our university partners tell us that since launch, students across the country have purchased 1.25 million meals and opened more than 4 million doors across campuses by just tapping their iPhone and Apple Watch.” The latest universities working with Apple to offer contactless student IDs are: Arkansas State University, Chowan University, Clemson, Georgetown, Louisburg College, Norfolk State and South Dakota State, as well as the University of Kentucky and of North Alabama, San Francisco, Tennessee and Vermont.Contactless student IDs are already available for Apple Wallet users at Duke University, Johns Hopkins, Marshall, Mercer and Temple, as well as the University of Oklahoma and of Alabama. Apple said it is also adding support for campus credentialing outfits CBORD, Allegion and HID, and that school credentials on the iPhone and Apple Watch are protected by two-factor authentication.  $999 Review • iPhone XS review, updated: A few luxury upgrades over the XR Aug 31 • iPhone 11, Apple Watch 5 and more: The final rumors Share your voice Phones Wearable Tech Mentioned Above Apple iPhone XS (64GB, space gray) See it Comment Sprintlast_img read more

Temper Box Office Collection NTR Starrer Cross 1 Million Mark in US

Temper Box Office Collection NTR Starrer Cross 1 Million Mark in US

first_imgJunior NTR and Kajal Aggarwal in “Temper”https://www.facebook.com/TemperMovieTelugu film “Temper”, which stars Junior NTR and Kajal Aggarwal in the lead, has crossed the ultimate $1 million mark in US. With this, the movie has become the first Indian film to achieve this feat in US in the year 2015.As per box office reports till Saturday, the movie has minted over a total of $1005 K in the country and the division of the collection is as follows:Premieres – $259 kFirst week – $700kSecond weekend Friday – $23KSaturday – $23 kTotal – $1005 KFor Jr. NTR, this is his second flick that has crossed $1 million mark in the US after “Baadshah”. For producer Ganesh Badla, this is his third movie which has crossed this mark after “Gabbar Singh” and “Baadshah”.With the latest numbers, Jr NTR has also joined the club of other Telugu heroes like Mahesh Babu and Pawan Kalyan who have two films with million dollar revenue in US box office. Previously 11 Telugu movies had crossed this mark, which includes “Attarintiki Daredi” , “Aagadu”, “Seethamma Vakitlo Sirimalle Chettu”, 1: Nenokkadine”, “Race Gurram”, “Manam”, “Baadshah”, ” Gabbar Singh”, ” Eega” and “Dookudu””Temper” released in more than 1400 screens across the globe on 13 February. The movie received some overwhelming response and became the highest grosser in the first week of 2015, beating the previous record set by “Gopala Gopala”.”Temper” is directed by Puri Jagganath and Jr NTR plays the role of a ruthless and corrupt cop, who changes after meeting the character played by Kajal Aggarwal. How a change is seen in his attitude towards others and within himself forms the crux of the movie.last_img read more

Prediction or cause Information theory may hold the key

Prediction or cause Information theory may hold the key

first_img More information: Daniel W. Hahs and Shawn D. Pethel, “Distinguishing Anticipation from Causality: Anticipatory Bias in the Estimation of Information Flow,” Physical Review Letters (2011). Available online: link.aps.org/doi/10.1103/PhysRevLett.107.128701 Citation: Prediction or cause? Information theory may hold the key (2011, September 30) retrieved 18 August 2019 from https://phys.org/news/2011-09-theory-key.html Pethel is a scientist working at the Redstone Arsenal in Alabama. Along with Daniel Hahs, he set out to identify a method of distinguishing anticipation from causality using tools from information theory. “Any process that has to react in real time can improve its performance through anticipation, and in studying such processes it is important to find new ways to quantify causality” Pethel says. The question of anticipation versus causality is one that has real-world application in a number of areas. Pethel points out that this issue has implications in covert operations, as well as in financial areas, especially with regard to the development of bubbles. “Is there a way, from passive measurements, to tell what’s driving what?” Pethel and Hahs try to answer this question in Physical Review Letters: “Distinguishing Anticipation from Causality: Anticipatory Bias in the Estimation of Information Flow.”“If a system is generating information, it’s like a fingerprint that can be used to figure out where the information is coming from and where it is going,” Pethel explains. “A quantity called transfer entropy has been used since 1990 to measure information flow in experimental data from neuroscience, finance and even music.”“What we were interested in,” he continues, “is the anticipation issue. We wanted to look at that using transfer entropy, and see if we could discover what’s predicting and what’s causing.”In order to set up the situation, Pethel and Hahs used chaotic systems, which produce information. They were careful that their model would be connected in only one direction. “We set it up so that we know the causality – that x is causing y, but y cannot cause anything for x. However, we designed the y system to be able to predict x to some degree. We then collected data and used transfer entropy to tell us which was the causal system.”When analyzing the results, Pethel and Hahs found something rather interesting: Even though the response system, y, wasn’t the cause, it looked very much like it was under many different test conditions. “There is an anticipatory bias. It’s a very strong effect, the more anticipation there is, the stronger it will be. There is a huge bias going on in some cases, and it is giving the exact wrong answer. The system that was only predictive was indistinguishable from the cause.”The good news is that Pethel and Hahs also noticed that there are some signs that indicate that the presence of a bias. “Even if you can’t pinpoint what the causal source is, you can see some behaviors that provide clues that you need to be on the alert for anticipatory dynamics.”Pethel wants to take this further, though. “We’ve studied the one way system, and now that we know there is a bias, we can account for that, and study systems that have mutual back and forth coupling.”Hopefully, the work will provide helpful clues in understanding how causality can be indentified using information theory. “There’s a level of broad interest,” Pethel says, “since you can deduce causal mechanisms from data. Particularly interesting are financial markets and biological systems where anticipation plays a large role in allowing systems to adapt to a changing environment.” Don’t have all the information? In the quantum world, that doesn’t matter Copyright 2011 PhysOrg.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of PhysOrg.com.center_img (PhysOrg.com) — “A perplexing philosophical issue in science is the question of anticipation, or prediction, versus causality,” Shawn Pethel tells PhysOrg.com. “Can you tell the difference between something predicting an event and something actually causing an event?” This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore furtherlast_img read more

Virtuoso advisor sales up 12 to US237 billion annually

Virtuoso advisor sales up 12 to US237 billion annually

first_img Posted by Share Virtuoso advisor sales up 12% to US$23.7 billion+ annually << Previous PostNext Post >> Tags: Statistics, Technology, Virtuosocenter_img LAS VEGAS — Virtuoso is developing a new tool called Virtuoso Orchestrator to help advisors and clients create a long-term bucket list of journeys together.Virtuoso Orchestrator, set to debut in 2019, is currently being tested by a group of 22 advisors working with 500 clients.Meanwhile in the second half of 2018 Virtuoso will roll out a marketing platform for members called MyMarketing. The platform aims to centralize marketing communications “to provide deeper insights into the success of campaigns and improve efficiencies.”Both Virtuoso Orchestrator and MyMarketing are among the new advisor tools, programs and technology innovations in the works from the luxury agency network.Virtuoso is highlighting its latest successes during the 30th annual Virtuoso Travel Week taking place this week in Las Vegas. The event has set a record with 6% growth in attendance, with 6,071 travel professionals from 100 countries gathering at Bellagio Resort & Casino, ARIA Resort & Casino and Vdara Hotel & Spa for almost 333,000 one-on-one meetings. That’s the equivalent of more than 1.5 million minutes – or nearly three years.More news:  Sunwing to further boost Mazatlán service with new flights from OttawaVirtuoso now has member agencies in 50 countries, with an announcement about the 50th – Uruguay – at Virtuoso Travel Week. Virtuoso now encompasses over 1,000 agency locations with 17,500 advisors.In the past year, Virtuoso has increased its ranks by more than 200 member locations, as well as adding agencies in three new countries: Turkey, Monaco and Uruguay.Virtuoso says its advisor sales have surpassed US$23.7 billion a year, up 12% from the previous year.And 2019 is already looking promising, judging by reported sales for next year. Cruise sales are up 15%, on-site ground operator sales up 14% and tour sales up 9%.Virtuoso says the strength of the Virtuoso brand “is propelling this impressive growth, rapidly attracting new advisors to the network and its agencies.” In 2018 so far, Virtuoso has received more than 2,500 advisor inquiries. The network also points to new survey data by Phocuswright that shows that while 10% of agencies are currently affiliated with Virtuoso, “the network is the top choice for agencies contemplating a switch”.More news:  Sunwing offers ultimate package deal ahead of YXU flights to SNU, PUJThe organization says that its website, Virtuoso.com, is on track to generate 200,000 leads for Virtuoso members this year and features 50,000 advisor reviews with an average positive rating of 98%. Wednesday, August 15, 2018 Travelweek Group last_img read more

Report BofA Given Penalty Relief for Mortgage Settlement

Report BofA Given Penalty Relief for Mortgage Settlement

first_imgReport: BofA Given Penalty Relief for Mortgage Settlement Bank of America Settlements U.S. Securities & Exchange Commission 2014-11-21 Seth Welborn Share in Daily Dose, Government, Headlines, Newscenter_img The U.S. Securities and Exchange Commission (SEC) agreed to partially waive the additional sanctions that could have been imposed on Bank of America following a record settlement in August over the sale of residential mortgage-backed securities, according to sources familiar with the case in a report from Bloomberg News.Bank of America reached a settlement in August with the U.S. Department of Justice for the amount of $16.65 billion. The bank had requested a waiver for the additional sanctions, arguing that the penalties would adversely affect the bank’s asset management business and ability to raise capital. The five SEC commissioners had reached a standstill over whether or not to impose the additional sanctions on Bank of America, with the two Republican commissions in favor of granting relief and the two Democratic commissioners against it, while the committee chair sat out of the discussions due to a conflict.The disagreement among the SEC commissioners had stalled the settlement from moving forward while a deadline approached for a judge to sign off on the settlement. Both parties had asked for the deadline to be extended, according to the sources.Banks that enter into settlements with the government normally seek waivers from three main sanctions. The two major ones involve a ban on managing mutual funds and a ban on banks raising money for private companies. The third and less consequential penalty prevents banks from issuing its own shares or bonds unless the SEC gives prior approval.The sources familiar with the case said the SEC granted Bank of America a full waiver on what would have been the harshest penalty, therefore allowing the bank to continue managing mutual funds. On the other two issues, the commission voted not to waive the penalty banning the bank from raising capital for private companies without the approval of financial regulators, and the commission granted a partial waiver regarding the selling of private shares to help bank clients such as hedge funds and start-ups raise capital, according to the sources.Bank of America will be allowed to continue selling private shares for clients for 30 months, during which time they will be required to hire an independent consultant to monitor their compliance in this area, according to the sources. The bank will need to reapply with the SEC in order to receive a full waiver on this sanction. November 21, 2014 494 Views last_img read more

Go back to the enewsletter Red Carnation Hotel Col

Go back to the enewsletter Red Carnation Hotel Col

first_imgGo back to the enewsletterRed Carnation Hotel Collection has confirmed plans to open a hotel in Scotland for the first time. The luxury hotel collection said it will “respectfully renovate” 100 Princes Street, transforming the current building into a “highly exclusive retreat on Edinburgh’s most famous street”.Located directly opposite The Royal Scots Greys Monument and Princess Street Gardens, the building was previously operating as the three-star Royal Overseas League Hotel until 2017, which comprised 20 guest rooms.The property sits within the heart of Edinburgh’s city centre and has traditionally been regarded as a prime retail and hotel destination. Spread over seven stories, 100 Princes Street extends to over 1,790 square metres, according to property consultant, Galbraith, which was in charge of the sale.The future site of Red Carnation Hotel Collection’s first property in Scotland as listed by GalbraithWith uninterrupted views of Edinburgh Castle, Red Carnation said the hotel will replicate the boutique atmosphere of Forbes Five Star-rated sister property Hotel 41, which has retained the position of TripAdvisor’s number one hotel in London for over ten years as well as the TripAdvisor Traveller’s Choice Best Hotel in the UK for the last three.The company behind the restoration of Ireland’s Ashford Castle, once home to the Guinness family, said it will bring the same meticulous care and attention to the listed building’s interior, embracing its history and heritage and using the finest local artisans and suppliers.The panoramic view of Edinburgh Castle from 100 Princes Street100 Princes Street will reopen in 2020 as Red Carnation Hotels’ 19th property worldwide.Jonathan Raggett, Managing Director of Red Carnation Hotels, said:“It has been a dream of ours to open a hotel in Edinburgh for some time, and with the best address in the city, it was well worth the wait. Guests at 100 Princes Street will enjoy everything that makes Red Carnation so special, from our individually designed interiors to the signature dishes of our President and Founder Beatrice Tollman, delivered with passionate service, generous hospitality and a genuine commitment to the environment and communities in which we operate.”Go back to the enewsletterlast_img read more