September 19, 2021

TNT to take big stake in demerged Express unit

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam whatsapp Show Comments ▼ whatsapp LOGISTICS firm TNT said yesterday that it will keep a 29.9 per cent stake in its Express unit once it is spun off from its Mail division in a bid to avoid raising funds, cheering investors who had feared a cash call.The move, details of which were announced in a capital markets day presentation in London, means the firm is reduced to its former incarnation as a postal business.It also makes the Express operations a more attractive takeover target for the likes of FedEx and UPS.A full split of operations would have resulted in an equity shortfall of around $1.19bn (£763m), while TNT could face an additional shortfall of around €900m against equity in 2012 or 2013 due to accounting changes, TNT said.TNT has a market capitalisation of €7bn, or $9bn, against $70bn for UPS and FedEx’s $28bn. TNT Express could be worth a little less than €10bn to a rival, while mail was worth between €3bn and €4bn, depending whether it remained public or was bought by a private equity firm, ING analyst Axel Funhoff said. KCS-content center_img TNT to take big stake in demerged Express unit Thursday 2 December 2010 7:10 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Share Tags: NULLlast_img read more

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Penn National Gaming reveals new-look exec management team

first_img Regions: US Topics: Casino & games People Strategy Casino & games 4th December 2019 | By contenteditor Penn National Gaming reveals new-look exec management team Penn National Gaming has made a number of changes to its executive management team to coincide with the transition of Jay Snowden to the role of chief executive next month.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Penn National Gaming has made a number of changes to its executive management team to coincide with the transition of Jay Snowden to the role of chief executive next month.Snowden will take up his new position on January 1, following the retirement of PNG’s current CEO Timothy Wilmott.In preparation for the move, Penn National has promoted Todd George to executive vice president for operations and also changed Chris Rogers’ job title to senior vice president, chief strategy officer.George has been with the operator since October 2012, first serving as vice president and general manager of Hollywood Casino in Lawrenceburg, Indiana, before going on to become vice president and general manager of Hollywood Casino St. Louis. In 2017, George was promoted to his current position as senior vice president of regional operations, overseeing nine properties in Penn National’s Midwest region.In his new role, George will be responsible for the operator’s four senior vice presidents of regional operations, as well as marketing and information technology.Rogers joined Penn National in August 2013 as vice president, deputy general counsel, serving in the role until February of this year when he was promoted to senior vice president, corporate development.Moving into the newly created role of senior vice president, chief strategy officer, Rogers will lead the team in developing and pursuing strategic growth initiatives.Read the full story on iGB North America. Subscribe to the iGaming newsletter Email Addresslast_img read more

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ABC Motors Company Limited (ABC.mu) 2018 Annual Report

first_imgABC Motors Company Limited (ABC.mu) listed on the Stock Exchange of Mauritius under the Engineering sector has released it’s 2018 annual report.For more information about ABC Motors Company Limited (ABC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the ABC Motors Company Limited (ABC.mu) company page on AfricanFinancials.Document: ABC Motors Company Limited (ABC.mu)  2018 annual report.Company ProfileABC Motors Company Limited markets, distributes and repairs automobiles as well as offering motor spares within the company’s offered services. The company is a subsidiary of ABC Group and is headquartered in Port-Louis, Mauritius. ABC Motors Company Limited is listed on the Stock Exchange of Mauritius.last_img read more

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Japan 2019 Travel Guide: Tottori

first_imgThe Adventurer For an adrenaline rush, try sand-boarding at the Tottori Sand Dunes, where you can slide down the 30-degree slopes. Or you can fly over the dunes with a paragliding experience.Flying high: You can paraglide over the Tottori Sand DunesYou can also take in spectacular views when kayaking on the Uradome Coast – it’s the leading attraction of the San’in Kaigan UNESCO Global Geopark.The Party Animal Misasa Onsen is famous for its curative powers, then at night guests put on yukata (casual kimonos) and stroll around the village, playing retro games and sampling pubs.Fun and games: Retro games at Misasa OnsenBASE8823 is a unique lodge in the forest in Yazu with a night view of the stars that is rated the best in Japan. You can also interact with other travellers around the camp fire and BBQ.The restaurant Daisen G Beer Bier Hof Gambarius is not only a great spot from which to watch the sunset, you can also sample the local 100%-malt Daisen G Beer.For more travel information…tottori-tour.jp/en/ View finder: Mitokusan Sanbutsuji Temple is in an incredible setting TAGS: Japan Try outdoor activities while visiting shrines and temples LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Advertising FeatureJapan 2019 Travel Guide: TottoriTottori Prefecture on Honshu is a gateway to historical sites and thrilling activities – all surrounded by nature…The Culture Vulture The Kurayoshi Shirakabe Storehouses along the Tamagawa River retain the feel of their origins in the Edo and Meiji periods. The area has been designated one of the most important traditional architecture preservation districts in the country, with a stone bridge spanning the Tamagawa and the red tiles contrasting beautifully with the white mortar of the buildings.Formerly breweries and soy sauce distilleries, the buildings now house shops and galleries, and it’s a great place to while away an afternoon walking around.Mitokusan Sanbutsuji Temple is located on the 900m-high Mount Mitoku. Built into the mouth of a cave on a sheer precipice, it is a one-of-a-kind national treasure. You have to climb a tricky mountain path to see it up close, but it’s worth it.In the middle of Mount Daisen you’ll find the Buddhist Daisenji Temple, which was destroyed by fire in 1928 and reconstructed in 1951. Visit Ogamiyama Shrine – located above the temple – too.The Foodie In Japan, mention Tottori and people think of nashi (Asian pears); mention nashi and Tottori comes to mind, so they are a must-try. The most representative of the many varieties is the 20th Century Pear, which is known for its pale yellow, almost translucent, skin, and a delicate sweetness and juiciness.The swordtip squid caught in the Sea of Japan are called shiroika, or white squid, by the locals and their rich flavour is popular in a variety of dishes.Mountain feast: Offerings at the Mitakien restaurantDine on mountain cuisine in the heart of the forest at Mitakien (ashidumitakien.jp), near Chizu. This restaurant has six different buildings and the location is lovely to stroll around, with a nearby stream adding to the acoustics while you dine. Try a kaiseki (multi-course) meal, featuring mountain vegetables, konjac and river fish. How to get thereTottori station is around two-and-a-half hours by train from Kyoto, Osaka or Kobe. There are also direct flights available from Tokyo’s Haneda Airport to Tottori Airport, which take one hour 15 minutes.last_img read more

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Newark: Reflection on Charlottesville

first_img Director of Music Morristown, NJ Posted Aug 15, 2017 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis New Berrigan Book With Episcopal Roots Cascade Books Featured Events Submit an Event Listing Course Director Jerusalem, Israel Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector/Priest in Charge (PT) Lisbon, ME TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Submit a Press Release Press Release Service Curate Diocese of Nebraska Associate Priest for Pastoral Care New York, NY Rector Belleville, IL Racial Justice & Reconciliation Tags Rector Shreveport, LA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET [Episcopal Diocese of Newark] Perhaps it was inevitable. The bloody confrontation in Charlottesville between white supremacists and those opposing their racist ideology poignantly exposed and confirmed the political/racial/cultural/ideological divide that has existed in this country for quite some time.Even before this most recent incident, hate crimes and acts of violence perpetrated by those espousing an agenda of bigotry have soared. The Southern Poverty Law Center has chronicled over 2900 instances of hate-fueled attacks and intimidation since the 2016 election. Moreover, hate-speech, masquerading as free speech, broadcast over various media is on the rise as well. We would do well to be alarmed not only about the future of civil discourse in this country, but also about the fear, anxiety, and violence that bigotry and hatred in its myriad forms has spawned.Any and all pronouncements, demonstrations, and acts of violence intended to fuel hatred of another’s race, culture, religion, gender, or sexual orientation must be universally condemned whether the perpetrator is wearing a suit, a collar, khakis, or blue jeans. Recently, protests against the removal of Confederate commemorative statues have become a convenient venue for spreading racist propaganda. Yet, regardless of what we choose to call this rising tide of intolerance – “domestic terrorism”, “hate speech,” or “supremacist rhetoric” –we are increasingly being confronted by venomous ideologies and worldviews that seek to divide this country.In response, we look first to our elected leaders and those in authority to condemn in unconditional and unambiguous terms any speech or conduct that demeans, demonizes, and devalues the humanity of any of God’s children. The failure to do so not only gives apparent legitimacy and encouragement to those who espouse hate and violence, but also calls into question the moral integrity of those to whom we have entrusted the protection of “liberty and justice for all.”We as God’s people have a critical role to play. Edmund Burke once remarked that the only thing that is necessary for evil to triumph is that good men do nothing. Remaining silent in the face of rhetoric and conduct that seeks to divide us and prevent us from coming together, is not an option. Charlottesville, Orlando, and Charleston stand as grim reminders that the intolerance and violence that is unfolding in city after city cannot be minimalized or trivialized. Lest we forget, none of us is free so long as one person is the object of unbridled and unmerited hate.Our failure to speak out boldly and courageously will be tantamount to making peace with oppression. In times like these, we are being reminded that our baptismal vow to “respect the dignity of every human being” compels us to speak out and to act out wherever we encounter hatred and bigotry.“Every step toward the goal of justice requires sacrifice, suffering, and struggle, the tireless exertions and passionate concern of dedicated individuals. Without persistent effort, time itself will become an ally of the insurgent and primitive forces of irrational emotionalism and social destruction. This is no time for apathy or complacency. This is a time for vigorous and positive action.” – Martin Luther King, Jr.We must not allow injustice to go unchallenged any longer. We will need to risk going to places where we have never been comfortable – engaging in conversations that risk being unpleasant and disturbing to us, our colleagues, and friends – conversations even with those we would rather avoid. But this we must do for our sake and the sake of future generations.Make no mistake, it will take all the strength, faith, and determination that we can muster for the “living of these days.” Let us pray for the wisdom and the courage to be uncompromising in our desire to be people of light united against the forces of darkness, bringing us one step closer to the Kingdom of God.The Rev. Greg Jacobs, canon to the ordinary In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Curate (Associate & Priest-in-Charge) Traverse City, MI Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Collierville, TN Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Pittsburgh, PA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Newark: Reflection on Charlottesville Submit a Job Listing Rector Martinsville, VA Youth Minister Lorton, VA Director of Administration & Finance Atlanta, GA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Canon for Family Ministry Jackson, MS Missioner for Disaster Resilience Sacramento, CA Priest-in-Charge Lebanon, OH Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Tampa, FL Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Smithfield, NC Rector Washington, DC Associate Rector for Family Ministries Anchorage, AK Assistant/Associate Rector Morristown, NJ Cathedral Dean Boise, ID The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Albany, NY Family Ministry Coordinator Baton Rouge, LA Associate Rector Columbus, GA An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Charlottesville, Priest Associate or Director of Adult Ministries Greenville, SC Assistant/Associate Rector Washington, DC Rector Bath, NC Advocacy Peace & Justice, Assistant/Associate Priest Scottsdale, AZ Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector (FT or PT) Indian River, MI Rector Knoxville, TN Featured Jobs & Calls Rector Hopkinsville, KY Bishop Diocesan Springfield, IL Rector and Chaplain Eugene, OR last_img read more

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So what’s with the pink flamingos at City Hall?

first_img Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Mama Mia Save my name, email, and website in this browser for the next time I comment. The Anatomy of Fear The VOICE of CompassionFrom Florida Hospital ApopkaA flock of pink yard flamingos is taking up residence outside Apopka City Hall for the month of October. The birds are part of Florida Hospital’s annual Pink Out initiative,which provides access to care for under-served and uninsured women battling breast cancer.Pink Out, which coincides with Breast Cancer Awareness Month, is a Central Florida-wide effort. Orlando Mayor Buddy Dyer, District 3 City Commissioner Robert F. Stuart, restaurateur John Rivers, and leaders with Florida Hospital for Women gathered at Lake Eola Park on Wednesday for the formal kickoff.Florida’s iconic pink yard flamingos are a signature element of Pink Out. This year, flamingos are being flocked to represent how many women will be newly diagnosed across Central Florida by the end of this year. In Apopka, that means the flock will number 102 birds. In nearby Winter Garden, the flock will number 55.“The City of Apopka is pleased to be a part of this important initiative,” said Apopka Mayor Joe Kilsheimer.  “This flock will be a great reminder for our residents about the importance of mammograms.”Florida Hospital’s Pink Out campaign began in Winter Park in 2011, and has since expanded throughout Central Florida. Proceeds from the sales of the yard flamingos and community donations have funded breast cancer screenings for more than 6,500 women who otherwise could not afford a mammogram. Several dozen of those women were diagnosed and treated for breast cancer.4 Rivers Restaurant Group is joining this year’s efforts and encouraging Central Floridians to help spread awareness through social media. To join and help raise funds, people are invited to post a picture of themsleves person standing on one leg — like a flamingo — with the hashtag #jointheflock.The restaurants will donate $1 to the Florida Hospital Breast Cancer Care Fund for each post made throughout October depicting the flamingo stand and hashtag.“Breast cancer is a serious health concern for women of all ages,” Rivers said. “We are happy to support the Pink Out initiative and look forward to people across Central Florida ‘joining the flock.’”Throughout October, Florida Hospital is offering mammograms for $30. The screenings are offered at more than a dozen Central Florida locations. To learn more, visit 30minutemammo.com.“Breast cancer is very treatable when detected early, and we want women to know that getting a mammogram is not only extremely important, it can also be convenient and affordable,” said Dr. Lisa Minton, surgeon and breast cancer specialist at Florida Hospital.Florida Hospital is spreading the flamingo flocks to 12 cities across Central Florida this month. Support conservation and fish with NEW Florida specialty license plate 1 COMMENT TAGSFlamingosFlorida Hospital – ApopkaPink OutThe Voice of Compassion Previous articleMurphy Introduces bill to allow federal research to prevent and respond to gun-related incidentsNext articleBankson: “We want growth, but it must be sustainable” Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twittercenter_img Nice! I will have to drive by to see the pink flamingo flock on the lawn of the Apopka City Hall, as I have not seen them yet. Also remember, it is not just women, who can develop breast cancer, as men can get breast cancer too, although the disease is more rare in men. LEAVE A REPLY Cancel reply Reply Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here October 5, 2017 at 12:45 pmlast_img read more

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Don’t Clampdown On Citizens’ SOS Calls For Medical Help Through Social Media :Supreme Court Warns Of Contempt Action Against States, Police

first_imgTop StoriesDon’t Clampdown On Citizens’ SOS Calls For Medical Help Through Social Media :Supreme Court Warns Of Contempt Action Against States, Police LIVELAW NEWS NETWORK30 April 2021 12:31 AMShare This – xThere should not be any coercive action against any citizen for putting out an SOS call on social media seeking medical help for COVID, said the Supreme Court on Friday.The Court strictly said that contempt action will be taken against police officers who clampdown on citizens who ventilate their grievances with respect to COVID in public platforms.”If citizens communicate their grievance on social media and internet, then it cannot be said that it’s wrong information,” observed Justice DY Chandrachud today while hearing the suo moto case pertaining to COVID-19 related issues.The Court warned that it will initiate contempt proceedings against such officers found to be clamping down any such information. Delete BREAKING : Supreme Court flags the issue of threat of coercive action against people putting SOS calls on social media.”We want to make it very clear that if citizens communicate their grievance on social media and internet then it cannot be said its wrong information”, SC says.— Live Law (@LiveLawIndia) April 30, 2021 Referring to threats of coercive action against people putting SOS calls on social media, the Bench also comprising of Justices L Nageswara Rao and S Ravindra Bhat said, “We want to make it very clear that if citizens communicate their grievance on social media and internet then it cannot be said its wrong information.” The Court added that clamping down of any information by the authorities will be treated as a Contempt of Court. “Let a strong message go to all the states and DGP of states,” it observed.In the copy of the order released on May 2, the Court stated :”The Central Government and State Governments shall notify all Chief Secretaries/Directors General of Police/Commissioners of Police that any clampdown on information on social media or harassment caused to individuals seeking/delivering help on any platform will attract a coercive exercise of jurisdiction by this Court. The Registrar (Judicial) is also directed to place a copy of this order before all District Magistrates in the country”Recently, the Punjab and Haryana High Court also remarked that the social media is doing a good job in reaching out to people in urgent medical needs. Amid acute shortage of oxygen and drugs that are essential in treatment of Covid-19 during the second wave, many affected people have been resorting to social media to seek assistance in procurement of resources.Many celebrities and social media influencers have also lent a voluntary hand in compiling real-time information on availability of resources and sharing toolkits.The SC’s remarks assume relevance in view of UP Government’s decision to prosecute people under National Security Act for allegedly raising false alarms on social media. UP Chief Minister Yogi Adityanath had asserted at a virtual press meet that there is no shortage of oxygen in any private or public COVID-19 hospital in the State and that action under National Security Act may be taken against people spreading “rumours” on social media. Adityanath also issued instructions to high-rank Police officials to “keep a watch” on people spreading rumours, and duly investigate all such incidents to see if the scarcity was reported just to create fear. Recently, the Amethi Police in UP recently booked a boy under various provisions of IPC for “spreading false information”. The accused had issued an appeal on Twitter for leads for oxygen availability to save the life of his grandfather who was critical. Meanwhile, a PIL has also been filed before the Allahabad High Court by activist Saket Gokhale, seeking to restrain any coercive action.Saket Gokhale Moves Allahabad High Court To Restrain UP Govt From Taking Coercive Action Against Citizens Appealing For Oxygen On Social MediaA bench comprising Justices DY Chandrachud, L Nageswara Rao and S Ravindra Bhat was hearing the suo moto case taken by the Supreme Court to deal with COVID19 related issues(In Re Distribution of Essential Supplies and Services during Pandemic).On the last hearing date, April 27, the bench had sought the response of the Central Government on issues such as – oxygen supply, availability of drugs like Remdesivir, vaccination pricing policy etc.The Court had also asked the Centre to explain the rationale and basis for the vaccination pricing.”The government shall explain the rationale for differential pricing in regard to vaccines sourced by the Union government on one hand and the states on the other hand”, the Court had directed the Centre.The bench had also clarified that the suo moto case was not intended to stop the High Courts from dealing with #COVID19 related issues in their jurisdictions. Acknowledging that the High Courts were better equipped to deal with local issues, the Supreme Court said that it was focusing on larger, inter-state issues, and was playing only a complementary role to the High Courts.Case DetailsTitle : In Re Distribution of Essential Supplies and Services During Pandemic, Suo Moto Writ Petition(Civil) No. 3/2021Coram : Justices DY Chandrachud, L Nageswara Rao and S Ravindra BhatCitation : LL 2021 SC 236Click here to read/download the orderTagsSuo Moto COVID-19 Case Justice DY Chandrachud Justice L Nageswara Rao Justice Ravindra Bhat Covishield Covaxin Oxygen Supply Next Storylast_img read more

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New York City taxi commission accused of $810 million fraud

first_imgPeskyMonkey/iStock(NEW YORK) — New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission, accusing the agency of running a scheme on taxi drivers that created a “trapdoor of despair.”A taxicab medallion, often seen bolted to a vehicle’s hood, is a numbered plate required to operate a yellow cab. James is alleging that the TLC played a role in inflating the price of thousands of medallions over a 14-year period, 2004 to 2017, sometimes by more than 200%.“Government should be a source of justice, not a vehicle for fraudulent practices,” James said in a statement, announcing a notice of claim for $810 million. She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers.“These taxi medallions were marketed as a pathway to the American Dream, but instead became a trapdoor of despair for medallion owners harmed by the TLC’s unlawful practices,” she added.  The government, instead of creating a fair marketplace, “engaged in a scheme that defrauded hundreds of medallion owners, leaving many with no choice but to work day and night to pay off their overpriced medallions,” James alleges.The TLC’s actions affected “some of the city’s most financially exposed immigrant families,” she added.The TLC promoted medallions as investments with greater returns than the stock market, a statement from James’ office alleges. It also set up an artificial floor for bids and permitted taxicab brokers and large owners to “bid up” medallion prices.The price of an individual taxi medallion sold at an auction skyrocketed 240% from 2004 to 2014, from $283,300 to $965,000.Even when the TLC knew medallions were overvalued, it failed to disclose that to buyers, according to James’ office.Freddi Goldstein, press secretary at New York City Mayor Bill de Blasio’s office, told ABC News in a statement that they have been “working tirelessly” to clean up the crisis.“We have spent the last six years putting money back into the pockets of drivers, and attempting to curb the harm from Uber, years before anyone else wanted to recognize the threat,” the statement said. “If the Attorney General wants to launch a frivolous investigation into the very administration that has done nothing but work to improve the situation, this is what she’ll find.”James’ legal action comes after the taxi medallion industry has been embroiled in controversy for months.In May 2019, The New York Times published a multi-part investigation that put a spotlight on the allegedly predatory lending practices that trapped hundreds of low-income cab drivers with millions of dollars in debt.In August, Rep. Alexandria Ocasio-Cortez and New York City lawmakers wrote a letter to several federal financial and banking regulators demanding tighter oversight of lending in the taxi medallion industry.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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Texas, Mississippi to end mask mandates, allow businesses to reopen at full capacity

first_imgPinkOmelet/iStockBy ERIN SCHUMAKER, ABC News(AUSTIN, Texas) — Gov. Greg Abbott ended Texas’ statewide mask mandate and announced an executive order to allow all businesses to reopen at full capacity.“It is now time to open Texas 100%,” Abbott said at a news conference Tuesday.“COVID has not suddenly disappeared,” he added. “But it is clear from the recoveries, from the vaccinations, from the reduced hospitalizations, and from the safe practices that Texas are using, that state mandates are no longer needed.”Abbott’s executive order is effective March 10, overriding a previous executive order issued in October. The new order mandates that if hospitalization rates exceed 15% hospital bed capacity for seven days, county judges may use mitigation strategies in their jurisdiction, according to Abbott.The state’s mask mandate had been in effect since July.Abbott spent the last week teasing the announcement during press conferences and on Twitter, hinting at “exciting news.”Health experts, including Dr. Anthony Fauci, have cautioned against states reopening too quickly. At a White House briefing on Friday, Fauci warned against easing restrictions until the U.S. baseline average of new infections is lower.“We have to carefully look at what happens over the next week or so with those numbers, before you start making the understandable need to relax on certain restrictions,” Fauci said. “Watch it closely, and be prepared to react according to what actually happens.”White House senior COVID-19 adviser Andy Slavitt told CNN Tuesday night he hopes Abbott will rethink lifting restrictions, especially the mask mandate, though he stopped short of suggesting President Joe Biden should call the governor to ask him to change course.“We think it’s a mistake to lift these mandate too early. Masks are saving a lot of lives,” Slavitt said. “The president has been clear about the fact that in the first 100 days of this administration, we could save 50,000 lives if we stick to this. I’m hoping that the businesses, and the community and people in Texas, the mayors, the county, will rethink this. I hope the governor rethinks this. It’s only a small piece of cloth that’s needed.”As of Tuesday, Texas had reported 2.6 million infections and 43,918 deaths, according to data from Johns Hopkins University.During the Tuesday press conference, Abbott touted the state’s positivity rate as being “under 9%,” still nearly double the 5% threshold recommended by the World Health Organization.In Texas, 6.8% of the population has received both doses of the vaccine, slightly lower than the national average of 7.9%, according to the Centers for Disease Control and Prevention.Mississippi followed suit on Tuesday, with Gov. Tate Reeves announcing he would also remove mask mandates and business restrictions.“Starting tomorrow, we are lifting all of our county mask mandates and businesses will be able to operate at full capacity without any state-imposed rules,” Reeves said in a Facebook post. “Our hospitalizations and case numbers have plummeted, and the vaccine is being rapidly distributed. It is time!”While cases have fallen in the state since January, the percent positivity rate for the last month is 10.96%, according to Johns Hopkins University. Only 7.63% of the state’s population has been vaccinated.On the same day the governor announced the end of restrictions, the Mississippi Department of Health tweeted, “Despite a decline in COVID-19 cases, significant community transmission continues. MSDH advises all Mississippians 65 and up, or 16 and older with serious chronic medical conditions, to avoid all social gatherings outside of the household until vaccinated.”Copyright © 2021, ABC Audio. All rights reserved.last_img read more

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Magic beat Jazz 96-89 to sweep 2 games in Mexico

first_img FacebookTwitterLinkedInEmailMEXICO CITY (AP) — Evan Fournier scored 24 points, Terrence Ross came off the bench to add 10 of his 19 in the fourth quarter, and the Orlando Magic rallied from an 11-point deficit to beat the Utah Jazz 96-89 on Saturday and sweep their two-game homestand in Mexico City.Ross shot 8 of 9 from the field and Nikola Vucevic added 15 points and a season-high 19 rebounds for the Magic (13-15), who beat the Chicago Bulls 97-91 on Thursday.Orlando won despite 22 turnovers, 15 in the first half, and is in second place in the Southeast Division behind the Charlotte Hornets.Donovan Mitchell scored 24 points and Derrick Favors added 21 for the struggling Jazz (14-15), who lost for the third time in their last four games.The game was the NBA’s 28th played in Mexico. Only the United States and Canada have hosted more.Nine of the last 26 games in Mexico have been regular-season contests.The first-half was lackadaisical as both teams struggled. Orlando committed 11 turnovers in the first quarter but trailed only 35-33 at halftime because the Jazz shot 29 percent from the field.Fournier led all scorers after two quarters with 14 points, 10 of those through a first quarter that finished tied 14-14.In the third, the Jazz pull ahead 46-36 with a three-point play from Favors, but the Magic rallied and took a 51-50 lead with a 3-pointer from Aaron Gordon with 2:20 left to play in a period that finished 56-53 for the Jazz after a 3-pointer from Jae Crowder.Ross scored seven straight points in the fourth as the Magic surged ahead.TIP-INSJazz: The matchup was the third game Utah has played in the NBA’s Global Games during the regular season, previously playing the Phoenix Suns twice in Tokyo to open the 1990-91 season.Magic: The game was the third for Orlando playing in Mexico, following games against Charlotte in 2012 and the two this week. … Orlando has made at least one 3-pointer in 931 consecutive games, dating to March 17, 2007. It stands as the fifth-longest active streak in the NBA. . Ross scored in double figures for the 22nd time this season.UP NEXTJazz: Will play at Houston on Monday.Magic: Will host San Antonio on Wednesday. December 15, 2018 /Sports News – Local Magic beat Jazz 96-89 to sweep 2 games in Mexico Tags: Utah Jazz Associated Press Written bylast_img read more

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