18 days agoBrighton goalscorer Neal Maupay says Tottenham heads quickly dropped

first_imgBrighton goalscorer Neal Maupay says Tottenham heads quickly droppedby Paul Vegas18 days agoSend to a friendShare the loveBrighton striker Neal Maupay says Tottenham heads quickly dropped during Saturday’s 3-0 thrashing.Maupay scored Albion’s quickest ever Premier League goal after 150 seconds when the disorientated Hugo Lloris inexplicably dropped the ball before suffering a dislocated elbow when he fell.“We sensed their heads went down after the first goal – that’s why we kept pushing and ­putting pressure on them,” said Maupay. “Losing Lloris and the goal so early was hard for them and they looked worried. We knew they were having a tough time so we wanted to keep going at them. And it worked because they dropped a bit and we got the second goal.” About the authorPaul VegasShare the loveHave your saylast_img read more

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Matthew McConaughey Announces Nationwide Effort to Empower Kids

first_imgActor Matthew McConaughey, musician Jack Ingram, and The University of Texas Head Football Coach Mack Brown have announced that they are coming together for a special two-day event to benefit various charitable organizations that will positively impact the lives of kids by supporting programs dedicated to empowering children across the nation.Together, they will debut the inaugural Mack, Jack & McConaughey (MJ&M) event, a nationwide philanthropic effort to make a difference in the lives of underserved children. “We wanted to create a true, lasting impact and that inspired us to come together,” said Jack Ingram.MJ&M will be the joint fundraising effort by Sally & Mack Brown, Amy & Jack Ingram, and Camila & Matthew McConaughey each year. “We are thrilled to be joined by our dear friends in this effort to empower today’s youth and provide them with a promising future,” said Sally and Mack Brown.By uniting forces, MJ&M will maximize its founders’ impact on programs dedicated to empowering children across the nation. The proceeds will benefit charitable organizations supported by Sally & Mack Brown, Amy & Jack Ingram, and Camila & Matthew McConaughey’s just keep livin foundation.“Our commitment to children’s charities and our passion to empower kids is why we joined together to create this important effort,” said all three principals in a joint statement. “This is a great opportunity for everyone in Texas to make a big impact across the entire country.”On April 11-12, 2013, MJ&M will kick off with an inaugural two-day celebration that will include celebrity-filled, one-of-a kind events across Austin, Texas. Additional details will be announced.Source:PR Newswirelast_img read more

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Crescent Point Energy cuts 17 of workforce plans to reduce debt by

first_imgCALGARY – Crescent Point Energy Corp. says it plans to reduce its workforce by 17 per cent, sell some infrastructure assets and reduce its debt by more than $1 billion by the end of 2019.The Calgary-based company says the workforce reduction will lower expenses by more than $50 million annually, but it didn’t say how many people would be affected.According to a regulatory filing, it had 1,085 permanent employees at the end of December, including 462 at its head office.Crescent Point also confirmed Craig Bryksa is the new president and chief executive. He replaced long-time CEO Scott Saxberg on an interim basis in May.“This restructuring is difficult, however we needed to adjust the organization to match our current business needs,” Bryksa said in a statement.“We are all focused on executing our transition plan and are excited about Crescent Point’s future.”The company said it will focus on its Viewfield, Shaunavon and Flat Lake resource plays and to continue advancing emerging and early-stage plays in the Uinta Basin and East Shale Duvernay areas.It’s also reviewing the sale of some infrastructure assets.At Crescent Point’s board of directors, Robert (Bob) Heinemann replaces Peter Bannister as chariman.The appointments of a new chairman and CEO are part of a previously disclosed review of governance that began in late 2017.Earlier this year, Crescent Point shareholders rejected a dissident slate of directors that was put forth by Cation Capital Inc., which had been critical of the company and its compensation policies.The company said Wednesday that a recent restructuring of its executive team is expected to reduce annual compensation for the five current highest-paid executives by 20 per cent compared with 2017.Companies in this story: (TSX:CPG)last_img read more

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Facebook says 50M user accounts affected by security breach

first_imgNEW YORK, N.Y. – Facebook says it recently discovered a security breach affecting nearly 50 million user accounts.The hack is the latest setback for Facebook during a year of tumult for the global social media service.In a blog post , the company says hackers exploited a bug that affected its “View As” feature, which lets people see what their profiles look like to someone else. That would let attackers steal the “access tokens” Facebook uses to keep people logged in. Possession of those tokens would allow attackers to “seize control” of user accounts, Facebook said.Facebook says it has taken steps to fix the security problem and alerted law enforcement.To deal with the issue, Facebook reset some logins, so 90 million people have been logged out and will have to log in again. That includes anyone who has been subject to a “View As” lookup in the past year.Facebook says it doesn’t know who is behind the attacks or where they’re based. In a call with reporters on Friday, CEO Mark Zuckerberg said that the company doesn’t know yet if any of the accounts that were hacked were misused.Jake Williams, a security expert at Rendition Infosec, said the stolen access tokens would have likely allowed attackers to view private posts and probably post status updates or shared posts as the compromised user, but wouldn’t affect passwords.“The bigger concern (and something we don’t know yet) is whether third party applications were impacted,” Williams said in a text exchange. “Facebook offers a login service for third parties to allow users to log into their apps using Facebook. In other words, Facebook is providing the identity management for countless other sites and services. These access tokens that were stolen show when a user is logged into Facebook and that may be enough to access a user’s account on a third party site.News broke early this year that data analytics firm that once worked for the Trump campaign, Cambridge Analytica, had gained access to personal data from millions of user profiles. Then a congressional investigation found that agents from Russia and other countries have been posting fake political ads since at least 2016. Facebook CEO Mark Zuckerberg appeared at a Congressional hearing over Facebook’s privacy policies in April.Facebook has more than 2 billion users worldwide. The company said people do not need to change their Facebook passwords, but anyone having trouble logging on should visit the site’s help centre . Those who want to log out can visit the “Security and Login” section of their settings, which lists the places that people are logged into Facebook. It has a one-click option of logging out of all locations.Ed Mierzwinski, the senior director of consumer advocacy group U.S. PIRG, said the breach was “very troubling.”“It’s yet another warning that Congress must not enact any national data security or data breach legislation that weakens current state privacy laws, preempts the rights of states to pass new laws that protect their consumers better, or denies their attorneys general rights to investigate violations of or enforce those laws,” he said in a statement.Wedbush analyst Michael Pachter said “the most important point is that we found out from them,” meaning Facebook, as opposed to a third party.“As a user, I want Facebook to proactively protect my data and let me know when it’s compromised,” he said. “Shareholders should ultimately approve of Facebook’s handling of the issue.”___An earlier version of this article incorrectly stated the day of Mark Zuckerberg’s call with reporters.___AP technology reporter Frank Bajak in Boston contributed to this report.last_img read more

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What is Boxing Day and how did it get its name

first_imgLONDON — In Britain and other countries like Australia and Canada, the day after Christmas is a secular national holiday known as Boxing Day. Here’s a brief look at some theories about how the holiday got its name and how people celebrate it:NO NEED FOR BOXING GLOVESWhile no one seems to know for sure how it came to be called Boxing Day, it definitely has nothing to do with the sport of boxing. Perhaps the most widely held understanding of its origins comes from the tradition of wealthier members of society giving servants and tradesmen a so-called Christmas Box containing money and gifts on the day after Christmas.It was seen as a reward for a year’s worth of service. Other believe it comes from the post-Christmas custom of churches placing boxes outside their doors to collect money for distribution to less-fortunate members of society in need of Christmas cheer.Some trace it to Britain’s proud naval tradition and the days when a sealed box of money was kept on board for lengthy voyages and then given to a priest for distribution to the poor if the voyage was successful.There are other explanations, but it’s clear the designation has nothing to do with the modern habit of using the holiday for shopping at “big box” stores selling televisions, computers and the like.SHARING THE WEALTH, AROUND THE COMMONWEALTHNo one knows for sure when Boxing Day started, but some believe it was centuries ago, when servants would be given the day after Christmas off as a day of rest after feverish preparations for their masters’ celebrations.Others trace it back even earlier, to the Roman practice of collecting money in boxes — they say Roman invaders brought this practice to Britain, where it was taken up by the clergy to collect money in boxes for the disadvantaged.The tradition gained popularity during the Victorian era and has flourished to this day. The British Empire may now be a thing of the past, but Boxing Day is still celebrated in some other parts of the Commonwealth, including Canada, Australia and Kenya.SO IF THEY’RE NOT BOXING, WHAT DO PEOPLE ACTUALLY DO ON BOXING DAY?Boxing Day has evolved into a day of relaxation and indulgence — and shopping. It is filled with sporting events (including a marathon soccer schedule tailor-made for TV viewing from a comfortable couch) and it is often a day when people open their homes to family and friends who drop by for turkey, ham and perhaps half-consumed bottles of wine left over from Christmas dinner.In Britain it used to be a day for fox hunting in the frost-tinged countryside, but that practice has been mostly banned for more than a decade now. In its place, “Boxing Day Sales” have flourished, with many Britons lifted from their post-Christmas torpor by the lure of low prices in department stores.Gregory Katz, The Associated Presslast_img read more

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SpaceX to build Mars spaceship in Texas not Los Angeles

first_imgHAWTHORNE, Calif. — SpaceX says it will build its Mars spaceship in south Texas instead of the Port of Los Angeles, dealing another blow to the local economy only days after the company announced massive layoffs.The Southern California-based company announced Wednesday that test versions of its Starship and Super Heavy rocket will be assembled at its Texas launch facility in a move to streamline operations.Development of the spaceship will continue at the SpaceX headquarters in Hawthorne.SpaceX won permission last year to build a giant new facility on leased land at the port, which could potentially have added hundreds of jobs to the region.Last week, SpaceX announced that it will lay off about 10 per cent of its roughly 6,000 workers, mostly from its Hawthorne headquarters.The Associated Presslast_img read more

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Highway 29 closed between Chetwynd and Moberly Lake Road

first_imgUPDATE – The highway is now open in both directions.CHETWYND, B.C. – Highway 29 is closed from Chetwynd and the Moberly Lake Road.A collision has caused the closure and an estimated time of opening is not available as of 10:20 p.m. Friday. The only detour is through Dawson Creek and Fort St. John.Drivebc.ca says the next update on the collision will be released at 12 p.m. on Saturday, December 1.If you’re in the area, let us know what you see, email news@moosefm.calast_img

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We are confident of moving with this squad to WC: Carey

first_imgNew Delhi: Emboldened by Australia’s remarkable turnaround in the ODI series against India, vice-captain Alex Carey Tuesday said they are “really confident” of entering the ICC World Cup with a squad good enough to play like defending champions. The five-match series is poised at 2-2, thanks to Australia’s back-to-back wins after staring down the barrel at one stage. “As a player in the Australian cricket side we have been working hard in the last 12-18 months. Some success has started to come our way. We are really confident moving with the squad we take to the World Cup,” Clarey said on the eve of the series-deciding game here. Also Read – Dhoni, Paes spotted playing football togetherCarey said it will only add to the strength of the side when Steve Smith and David Warner rejoin the side after serving out their bans. “Those are definitely some big names that might come back into the line. The guys that are in the side are performing well, so it’s only healthy for Australian cricket that the guys in the side are playing well and these guys that have done really well in the past have definitely put their hand up for selection when they are available.” Also Read – Andy Murray to make Grand Slam return at Australian OpenHe said he was not surprised by the way the Australian batsmen tackled India’s formidable spin duo of Yuzvendra Chahal and Kuldeep Yadav, who have tormented batters with their guile in recent times. “There has probably been a fair bit of media (analysis) about Australia playing against spin in the past. We have worked really hard on playing spin bowling in the nets over 12-18 months. I guess to see some reward, again it’s no surprise, but the guys are doing so much hard work off the field,” said Carey. The match will be played on a Feroz Shah Kotla wicket which may assist slow bowlers. Carey, though, said they are capable of handling whatever is thrown at them. “We played some local Indian bowlers that we tried in the nets, so I guess it’s really a good experience. Guys getting out there in the middle to have the confidence to take on their spinners got to be a great confidence tomorrow.” He said the strength of the Australian team at the moment is that they have plenty of options. “We take a lot of confidence that we trust the batters to perform their role. When Ashton did that the other night he did really well. They (Indians) are world class bowlers and I am sure they want to bounce back and it’s up to our batters to have a game plan to negate that. We trust the players to perform their role and take on the best bowlers in the world and do a good job.” Carey said it will be a contest to watch for since they have the momentum and India would be keen to bounce back after two defeats. “We were out under pressure early in the series. Some games were really close and now we have the series level at 2-2. It is obviously exciting going into tomorrow with the series on the line. Obviously (we will) take some momentum from the last game. The boys are felling confident. “India are going to bounce back quickly but I guess for us we thought we played some pretty good cricket in the first two games and we just fell short so to have the series at 2-2, really excited. I am really looking forward to and so are the guys.”last_img read more

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Trinamool calls for arrest of BJP’s Cooch Behar candidate

first_imgKolkata: The district Trinamool Congress leaders of Cooch Behar on Tuesday lodged a complaint with the election officials against Nishith Pramanik, who is contesting from Cooch Behar on BJP’s ticket.Senior TMC leaders from the districts alleged that Pramanik has been accused of various criminal charges and urged the commission officials to put him behind the bars as a preemptive measure ahead of the elections. It may be mentioned that the Cooch Behar parliamentary seat will go to poll in the first phase of the Lok Sabha elections. The TMC leaders apprehend that there may be some law and order situation if Pramanik is not arrested. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaA top leader of Trinamool Congress alleged that at least 11 criminal cases have been pending against Pramanik. The election officials in the district are verifying the complaint lodged by TMC in this regard. It may be mentioned here that the local BJP workers had staged protest demonstrations against the candidature of Pramanik, who had once been attached to Trinamool Congress. BJP workers took to the streets and vandalised their party office immediately after the candidate list was announced. Also Read – Bengal civic volunteer dies in road mishap on national highwaySome BJP activists in the district also alleged that the BJP leaders in Delhi had taken bribe to nominate the expelled Trinamool Congress leader, who had been thrown out of his own party on corruption charges and later joined the BJP. They also threatened to field an independent candidate. On the other hand, expelled Trinamool Congress MP Soumitra Khan, who joined the BJP a few months ago, has been under scanner of the Election Commission as he had been booked under several cases in Bankura. Khan was summoned by Bankura Sadar police station on Monday, in connection with a case in which he had allegedly made some false promises of giving jobs. It may also be mentioned here that Khan is now contesting the Lok Sabha election on BJP’s ticket from the Bishnupur constituency. As many as three complaints had been lodged against him by three separate persons in Bankura district.last_img read more

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A class apart

first_imgIndian billionaires are far outpacing the country’s industrial and economic growth numbers. Notably, the number of individuals in the Barclays Hurun India Rich List, 2018, having a minimum wealth of Rs 1,000 crore, grew by 100 per cent since 2016 to a record level of 831. India’s private wealth creation rate is, ironically, now all-time high despite rupee depreciation, rising crude oil prices and fall in industrial investment. The number of unicorns — any tech startup company that reaches a $1-billion dollar market value as determined by private or public investment — have crossed 20 for the first time. Interestingly, the pharmaceutical sector accounted for most of the wealthy entrepreneurs in the country’s fast-growing list of rich individuals, followed by the software and services sectors. The average wealth of these super-rich Indians in the Barclays list is around Rs 5,900 crore. Also Read – A special kind of bondAmong the Indian states, Gujarat has set the most impressive trend of generating wealthy entrepreneurs. Traditionally, Maharashtra tops the list, headed by Mumbai-based Mukesh Ambani. But, now Gujarat is fast catching up. As of last year, there were 58 billionaires In Gujarat. Gautam Adani tops the Gujarat billionaires’ list, followed by Cadila Healthcare’s Pankaj Patel. While Adani’s wealth is estimated at Rs 71,200 crore, Pankaj Patel has Rs 32,100 crore. IIT-Kanpur graduate Bhadresh Shah’ s wealth is over Rs 9,700 crore. With a capital of only Rs 100,000, the metallurgical engineer set up a small foundry that made pressure dye castings and succeeded in losing all his money in the first year. Bhadresh Shah of AIA Engineering is now one of the country’s richest entrepreneurs. Ahmedabad is home to 84 per cent of Gujarat’s 58 billionaires. Karsanbhai Patel is the fourth richest in the state with a wealth of Rs 9,600 crore. Two brothers of Torrent Pharmaceuticals — Samir and Sudhir Mehta — are next, each having Rs 8,300 crore. Of the total Gujarat billionaires, 49 are based in Ahmedabad, five in Rajkot, three in Surat and one in Vadodara. Also Read – Insider threat managementUnfortunately, the massive expansion of Indian billionaires in the last four or five years has not added much to the country’s overall wealth and employment. While the GDP, aided largely by imports, has grown by an average of only around 6.8 per cent, the industrial growth hovered around four per cent. India’s Industrial production rose only 0.1 per cent on a year-on-year basis in February 2019, following an increase of 1.4 per cent YoY in the previous month. India’s Industrial production index growth data reached an all-time high of 20.0 per cent in Nov 2006 and a record low of -7.2 per cent in Feb 2009. The Index covers mining, manufacturing and electricity sectors. The 150 per cent plus billionaires’ growth in the last four years had a little positive impact on India’s key economic indicators. It did not lead to noticeable fresh industrial investments, higher production, profitability, larger employment, better banking performance and lower international trade gap. Sadly, the country’s economic and industrial growth in the last five years has almost been jobless. The unemployment rate is rising in stark contrast to the growth of India’s wealthiest. According to data compiled by the Centre for Monitoring Indian Economy, the unemployment rate rose to 7.2 per cent in February 2019, the worst in 28 months. The labour force is down 25.7 million since September 2016 and the number of employed persons has declined by 18.3 million in the same period. While the unemployment rate has shot up from 5.9 per cent in February 2018 to 7.1 per cent in January 2019, the labour participation rate — the proportion of the working age population, comprising those over 15 years of age, that is either employed or unemployed but actively looking for a job — has been ironically falling. Also, in contrast, bankruptcies are growing. And, so are the non-performing assets of India’s public sector-led banking system. The likes of individually rich Nirav Modi, Mehul Choksi, Vijay Mallya, Anil Ambani and, now, Naresh Goyal have been contributing to the bank NPAs. As of March 31, 2018, provisional estimates suggest that the total volume of gross NPAs in the economy was Rs 10.35 lakh crore. About 85 per cent of these NPAs is from public sector banks. For instance, NPAs in the State Bank of India alone are worth Rs 2.23 lakh crore. In the last few years, gross NPAs of banks (as a percentage of total loans) has increased from 2.3 per cent of total loans in 2008 to 9.3 per cent in 2017. This indicates that an increasing proportion of a bank’s assets have ceased to generate income for the bank, lowering the bank’s profitability and its ability to grant further credit. Escalating NPAs require a bank to make higher provisions for losses in their books. The country would have strongly stood by its fast-growing billionaires’ brigade and rejoiced their achievement if their ever-growing private wealth also helped the creation of national wealth, bolstered the banking sector and created large employment and income. Indian billionaires would have probably felt more ‘at home’ in their home country than spending a fortune to ‘buy’ residential status in other countries such as the UAE, the USA, the UK, Cyprus, Thailand, Malaysia and Australia. The quantum of money sent through the liberalised remittance scheme alone to buy property abroad increased 59 times from $1.9 million in 2005-06 to $111.9 million in 2016-17. Many of them have become rich NRIs, living mostly on large business income from India, and receive red carpet welcome in the country on the NRI Day, observed once in two years on January 9 to mark their contribution to India’s development. Ironically, the day is marked in the memory of Mahatma Gandhi, once an NRI in South Africa, who returned to India on January 9, 1915, to lead the country’s freedom movement and never to return. (The views expressed are strictly personal)last_img read more

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