Category: vgcwmriwjrwc

Casino closures hit Rhode Island betting market in December

first_imgRead the full story on iGB North America. The Bally’s Corporation-owned venues were closed from 29 November to 21 December amid a surge in novel coronavirus (Covid-19) cases in the state.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 29th January 2021 | By Robin Harrison Land-based casino Regions: US Rhode Island Tags: Bally’s Corporation Rhode Island Lottery This had a significant impact on sports betting stakes, which declined to $22.8m, a 28.1% year-on-year decline, according to the latest figures from the Rhode Island Lottery. This also represented 35.1% drop from November 2020’s $35.1m handle. center_img Email Address Once they were permitted to resume operations, opening hours were limited to between 6am and 10pm from Sunday to Thursday, and until 10:30pm on Fridays and Saturdays.  Topics: Casino & games Finance Sports betting Land-based casino Results 2020 Online sports betting Retail sports betting The closure of Rhode Island’s two casinos for much of December led to the state’s sportsbook handle and revenue falling during the month. After player winnings of $20.2m, this left gross revenue of $2.5m. While revenue was down only marginally compared to the prior year, it fell 59.7% month-over-month.  Subscribe to the iGaming newsletter Casino closures hit Rhode Island betting market in Decemberlast_img read more

Forget the Cash ISA! I’d buy this 5.8%-yielding passive tracker fund

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Simply click below to discover how you can take advantage of this. See all posts by Rupert Hargreaves Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Forget the Cash ISA! I’d buy this 5.8%-yielding passive tracker fund I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img The best Cash ISA on the market offers an interest rate of just 1.31%. This dismal rate of interest doesn’t even match inflation. As a result, opening one of these tax-free wrappers could actually cost you money over the long term.Therefore, the stock market might be a better place for your cash. Indeed, some stocks currently offer dividend yields of more than 6%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A dividend fundPicking dividend stocks yourself can be a tricky process. It requires plenty of time and effort, and even the professionals get it wrong occasionally.With this being the case, it might be better to buy a dividend tracker fund instead. The great thing about these passive investments is that they do not require babysitting. All you need to do is buy the fund, sit back, and relax.The best fund for income investors on the market at the moment is the iShares UK Dividend UCITS ETF. The goal of this ETF is simple. It seeks to track the performance of an index of 50 stocks with leading dividend yields in the FTSE 350.To put it another way, the fund buys the 50 highest yielding stocks in the FTSE 350. This straightforward process means there’s little to no risk that the tracker will end up being high-risk, illiquid investments. There’s no chance of a Neil Woodford repeat here.Blue-chip incomeCurrently, the largest holding in the fund is homebuilder Persimmon. The stock makes up around 5% of the fund. The rest of the holdings have an average price-to-earnings (P/E) ratio of 11. Meanwhile, the distribution yield of the fund is 5.8%.Many of the companies in the portfolio would make poor investments by themselves. However, by using the basket approach, the fund can make the most of their market-beating dividend yields.So, if you are looking for a simple way to buy a basket of cheap high-yield, blue-chip dividend stocks, the iShares UK Dividend UCITS ETF looks like an excellent investment. Also, the fund only charges an annual management fee of 0.4%. This is significantly lower than the 1% or more most other equity income funds on the market charge.Adding to its appeal as an investment is the fact that the fund can boost returns by lending securities out to other parties. These third parties are typically short sellers who want to borrow stock to bet against companies.Last year this increased performance by 0.04%. That’s not a huge return, but it’s better than nothing.Reduced riskBuying a dividend fund might seem riskier than opening a Cash ISA, but the diversification of the iShares offering helps reduce risk.With risk spread across 50 blue-chip holdings, the chances of the fund producing a positive return over the long term are high.By comparison, as the best Cash ISA rate on the market fails to match inflation, so it’s virtually guaranteed any money stashed away here well lose purchasing power. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Rupert Hargreaves | Sunday, 26th January, 2020 last_img read more

How I’d use compound growth to make a million from £5k

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. TomRodgers owns shares of Open Orphan plc and Team17 Group. The Motley Fool UK has recommended GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images The stock market is a device for transferring money from the impatient to the patient. So says Warren Buffett. And I think he’s right. If I want to make a million pounds, I’ll need patience. Yes, it’s less exciting than explosive growth. But most investors just can’t sit on their hands and let their money grow. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The addition of mobile apps into the investing mix is partly to blame. I likely wouldn’t check my portfolio several times a day without them, that’s for sure. So what are the steps I need to follow to make a million from just a couple of thousand pounds?Buying optionsAt The Motley Fool we’re constantly banging on about compound growth. And it could be the key to making a million pounds over time. That’s because this investing method has been proven to grow serious wealth from small beginnings.  To quote finance guru Suze Osman: “You invest money, and your money makes money, and the money you made with the money that you had makes money, and everything compounds.” To make a million from £5,000 I’d start with a classic FTSE 100 stock like GlaxoSmithKline. At today’s prices, a one-year investment would yield a dividend return of 5.5%. It’s a rate well above today’s 0.7% UK inflation. So my money isn’t losing value over time as it would sitting in a savings account.And 5.5% on a £5,000 investment at the end of the first year? That’s £275. The £5,000 has turned into £5,275. Money is making money. Instead of taking that £275 out to spend, I would reinvest it to buy more stock. This is a key point in the plan to make a million quid. Most ISA providers will allow you to do this automatically with a tick box, so you don’t have to remember to do it manually. Now the next time you get a 5.5% dividend payment? It will be 5.5% of £5,275, not £5,000. That’s an additional £290.12. It would make your baseline amount £5,565.12 for next year’s 5.5% dividend payment. So the free money made from dividends is now making its own money. This is compound interest. It’s a simple start for a scheme to make a million in the UK stock market.Make a million long termNow I’ll run through the exact calculations required to make a million pounds. At a return on investment of 5.5% per year, it would take 35 years and an additional £792 per month of regular investing to turn £5,000 into £1m. While we know that regular, monthly, pound-cost averaging does the hard work for us, £800 a month is a lot of money. So let’s rejig those numbers a little.I believe with a mix of stable FTSE 100 shares and smaller, more innovative companies, investors can easily bump up their returns to more like 10% per year. At this rate, it would take three years less and only £315 per month of regular investing to make a million from an initial £5,000 investment. This is why a diversified portfolio is best. I would mix in some high-margin, high-profit smaller companies like FTSE 250 favourite Games Workshop or 5G devices firm Spirent Communications. I own a couple of rapid-growth AIM stocks like video games publisher Team 17 and human challenge vaccine study specialist Open Orphan too. And along with FTSE 100 dividends investors could add capital gains as share prices rise.  Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Tom Rodgerscenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Tom Rodgers | Friday, 13th November, 2020 Simply click below to discover how you can take advantage of this. How I’d use compound growth to make a million from £5k Our 6 ‘Best Buys Now’ Shareslast_img read more

Tudor Apartments / Urko Sanchez Architects

first_img Photographs Projects Apartments CopyApartments•Mombasa, Kenya “COPY” Tudor Apartments / Urko Sanchez ArchitectsSave this projectSaveTudor Apartments / Urko Sanchez Architects Year:  Area:  4000 m² Year Completion year of this architecture project ArchDaily “COPY” Architects: Urko Sanchez Architects Area Area of this architecture project 2017 Photographs:  Javier CallejasSave this picture!© Javier CallejasRecommended ProductsDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalWindowsLibartVertical Retracting Doors & WindowsEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWoodParklex International S.L.Wood cladding – FacadeText description provided by the architects. The project consists in 14 apartments in Tudor Creek, Mombasa-Kenya. Characterized by a moucharabiah structural shell, it is distinct with its search for privacy and optimized natural ventilation and light. With our vision, the apartments benefit from the experience of outdoor living, contact with nature and the integration of the surroundings into each private home.Save this picture!© Javier CallejasLocation / ContextLocated on the east coast of Kenya, Mombasa is the second-largest city in the country. A multicultural and strategic centre known for trading and skilled craftsmen, it is characterized by a savanna tropical climate and a land crossed by creeks.Save this picture!© Javier CallejasTudor, our intervention zone, is situated on the creek´s waterfront, which is a privileged location north of Mombasa Island. With lush vegetation all around and a serene neighbourhood, the project naturally fits into this environment.We worked closely with the client to create a building with minimal environmental impact, by adapting to the land’s natural slope, and by using locally available materials and know-how.Save this picture!© Javier CallejasRequirements / Situation Constraints-Maximize the scenery from within and outside the apartments, notably via terraces and balconiesSave this picture!Building Diagram-Environmentally friendly: Naturally aerated spaces: passive cooling. Well-lit spaces, a challenge, as light must come in without the sun heat. Rainwater collection, driven by water scarcity. Solar-heated water for energy saving. Local, long lasting materials Save this picture!© Javier Callejas-Ensure privacy regarding theproximity of the road, and that of theneighbours in the adjacent plots: a building of flats on one side, a private house on the other with a risk of major residential development. This was a drive for creating the filtering shell.Save this picture!© Javier CallejasProposalTudor Apartments is a development that prides itself in its innovative architecture, showing its attachment to Mombasa’s history by borrowing inspiration from the rich traditions of Swahili design. This development project is committed to harmonizing Mombasa’s past, present and future.Save this picture!© Javier CallejasThe proposal is an intimate development of 14 apartments, all offering breath-taking panoramic views on the creek. We developed aniconic building, with innovation of architectural designs, highest standards of product finishes, luxurious, contemporary lifestyle, and respect for the natural and local heritage.Save this picture!Floor PlanThe plot’s slope and its narrow shape guided our design to minimize the building’s impact. The steep drop towards the creek, on the lower part of the plot, was saved with three distinct and unique patio houses, stepped one into the other. On top of filtering light, the patios allow ventilation via permeable wood lattices facing the water. They are accessible via lateral stairs that descend towards the creek, passing by an integrated gym at the bottom, and arriving to an infinity pool. A measured distance from the neighbours and the road give the building a well-weighted impact, for it to be present but not overwhelming in the scenery. This way, the apartments block, enveloped with its protective skin, rises facing the road, overlooking the creek, and topped with a penthouse.Save this picture!© Javier CallejasEnvironmental FeaturesThe development was careful to leave the mangroves and other trees intact on site.In addition, natural, passive ventilation was a guiding theme in the project design.Save this picture!© Javier CallejasIn the apartments, cross ventilation is possible from the sea, through the shaded terraces, to the interiors, via the integrated wooden lattices and through the surrounding envelope.Save this picture!DiagramIn the distinct bottom houses, the patios allow double ventilation: wood lattices allow air to circulate from the seaside through the interiors and to the patios; two superimposed lattices allow ventilation for both the house and the false ceiling, to avoid it transmitting heat from the sun on the top terraces. Moreover, vegetation is integrated in the patios and on the terraces, offering freshness and greenery.Save this picture!© Javier CallejasIn the absence of sufficient connection to the sewage system, we integrated a bio-digester for treating used waters before releasing them into nature, that is to say, in the creek water. Furthermore, rainwater collection provides water for care for the garden.Save this picture!© Javier CallejasStructural Skin: Contemporary MuchrabiahWe designed the mucharabiah skin following a study of different traditional patterns. It serves for the privacy in relation to the surroundings, and for the filtered, natural light we wanted for the houses.This skin wraps itself around the apartments block, leaving its Northern façade free, with balconies facing the sea and taking full advantage of the breath-taking scenery.Save this picture!© Javier CallejasMoreover, the skin was rendered entirely structuralthanks to the engineering team. A novelty to Kenya, such structural skin was possible thanks to local and international engineers working hand by hand, and to the steel workers on-site who managed, by dedication and care, flawless bar bending work without access to any technology.Save this picture!ElevationSpatially, this skin also redirects people’s local tendency to put bars on their windows, becoming itself the border and the filter. Sometimes the direct limit of the internal house spaces, the shell is at other times a first filter of sunlight and heat, doubled by internal handcrafted wood-lattice shutters. In this way, light is generous and heat is broken down.Save this picture!© Javier CallejasCrafts, Techniques, Team WorkIn addition to white, plaster finishing, the project uses mtomo finish, a coral stone cladding technique original to Lamu that helps keep thermal capacity thanks to the porosity of the coral stone. Wood work was realised entirely thanks to outstanding hand carving by local artisans from Mombasa and Lamu. Furthermore, artisans produced in situ terrazzo for the flooring of the patio housesSave this picture!© Javier CallejasProject gallerySee allShow lessBIG’s Cactus Towers in Copenhagen Will Stand Next to an Urban IKEAArchitecture News7 Annual Competitions Every Architecture Student Should Try at Least OnceArticlesProject locationAddress:Mombasa, KenyaLocation to be used only as a reference. It could indicate city/country but not exact address. Share Kenya Tudor Apartments / Urko Sanchez Architects CopyAbout this officeUrko Sanchez ArchitectsOfficeFollowProductsStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsMombasaKenyaPublished on August 07, 2017Cite: “Tudor Apartments / Urko Sanchez Architects” 07 Aug 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – FocusGlass3MGlass Finish – FASARA™ Fabric/WashiPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WoodParklex International S.L.Wood Finishes in Landaburu BordaSinksBradley Corporation USASinks – Frequency® FL-SeriesMetallicsTrimoFire Resistant Panel – Trimoterm FTVSkylightsVELUX CommercialModular Skylights – Northlight 40-90°SinksAcquabellaSink – LeviCurtain WallsRabel Aluminium SystemsMinimal Curtain Wall – Rabel 35000 Slim Super ThermalWoodBlumer LehmannData Processing for Wood ProjectsPorcelain StonewareCeramiche KeopeCeramic Tiles – EvokeChairs / StoolsBassamFellowsSpindle Chair and StoolMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/877195/tudor-apartments-urko-sanchez-architects Clipboard Save this picture!© Javier Callejas+ 25 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/877195/tudor-apartments-urko-sanchez-architects Clipboardlast_img read more

Grant Bovey and Anthea Turner summer ball raises £500,000

first_imgMaster of ceremonies Bobby Davro kept guests amused throughout the evening while they were given the opportunity to bid for a range of exclusive prizes ranging from a two-week holiday at Bryan Adam’s Villa in Mustique to five BMW Mini Coopers. Howard Lake | 26 July 2007 | News Advertisement Grant Bovey and Anthea Turner summer ball raises £500,000 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. The annual event has now raised over £1.5 million. Tagged with: Celebrity Events The ball was staged in the grounds of Grant and Anthea’s home and over 500 guest were entertained by performances from Ray Quinn and Chico from the X-Factor, and opera star Keedie. The highlight of the evening was performances from the cast of the London musical, Rat Pack. The Grant & Anthea Summer Ball, an annual fundraising event hosted by Grant Bovey and Anthea Turner, has year raised £500,000 for DebRA and CHASE. For the fifth successive year, UK property investment company Imagine Homes, sponsored the event. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  36 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Release San Quentin prisoners immediately!

first_imgOakland, Calif.July 5 — After a large prisoner transfer to San Quentin State Prison dramatically increased the COVID infection rate there, prisoners and advocates have stepped up their campaign to win the release of thousands of elderly, ill and vulnerable people inside. COVID-19 infections are spiking at astronomical levels in overcrowded U.S. prisons, jails and detention centers. The California Department of Corrections and Rehabilitation ranks at the top of the list for callous and reckless endangerment of prisoners’ lives.As of July 2, more than 1,300 prisoners at San Quentin tested positive for COVID-19 — about a third of the facility’s population. A jump in the number of cases directly followed the CDCR’s decision to move more than 121 prisoners from the California Institution for Men in Chino at the end of May. CIM at the time had over 500 reported cases of COVID-19 and at least 15 COVID-related deaths. Over 16 of the transferred prisoners tested positive for the virus. Spurred by this human rights crisis, two Bay Area coalitions have been working overtime to put pressure on Gov. Gavin Newsom to begin releasing large numbers of prisoners. The coalition No Justice Under Capitalism is fighting for the lives of prisoners during COVID-19. Efforts led by the Ella Baker Center and Re:Store Justice also include the participation of people inside.On June 27, the latter coalition sponsored a Day of Action outside San Quentin to present the “Demands of The Incarcerated Community”: “The only way to control the spread of this global pandemic (inside prison walls and beyond) is to grant releases, stop ICE (Immigration and Customs Enforcement) transfers for those released, and reduce California’s prison population.” The demands also include an end to transfers, prisoner access to personal protective equipment and free tele-visiting privileges. In-person programs and visits have been shut down, severely impacting the lives of the people inside. A recent Sacramento Bee editorial called COVID-19 in prison a death sentence and urged Gov. Newsom to act immediately to save lives by releasing prisoners. ( July 2) No Justice Under Capitalism put together two major car caravans. On July 1, the coalition brought the fight to Sacramento, the state capital, by organizing people to make public comments, in person and virtually, at the California Senate hearing on the COVID pandemic in the prisons. On July 5, the group organized a car caravan to Gov. Newsom’s home in the small town of Fair Oaks outside Sacramento, with a rally in a nearby park. Prisoner rights advocates, allies, former prisoners and family members spoke out against the governor’s refusal to grant large prisoner releases in response to the crisis.Both coalitions are continuing their campaigns to stop the deaths of prisoners due to COVID-19, medical neglect and unforgiving incarceration. The “Demands of The Incarcerated Community” are being circulated through Twitter and social media, including the slogan “Incarceration should not be a death sentence.” (#StopSanQuentinOutbreak) FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Jeff Bezos, Amazon’s founder, will step down as CEO

first_img Facebook Pinterest Twitter Twitter By Digital AIM Web Support – February 2, 2021 Jeff Bezos, Amazon’s founder, will step down as CEO WhatsApp TAGS  center_img Local NewsBusinessUS News Pinterest NEW YORK (AP) — Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the summer by Andy Jassy, who runs Amazon’s cloud-computing business. In a blog post to employees, Bezos said he planned to focus on new products and early initiatives being developed at Amazon. He said he would have more time for side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns. Bezos, who is the company’s biggest shareholder, will still have broad influence over Amazon. “Jeff is really not going anywhere,” Amazon’s Chief Financial Officer Brian Olsavsky said in a call with reporters. “It’s more of a restructuring of who’s doing what.” Launched in 1995, Amazon was a pioneer of fast, free shipping that won over millions of shoppers who used the site to buy diapers, TVs and just about anything else. Under Bezos, Amazon also launched the first e-reader that gained mass acceptance, and its Echo listening device made voice assistants a common sight in living rooms. As a child, Bezos was intrigued by computers and interested in building things, such as alarms he rigged in his parents’ home. He got a degree in electrical engineering and computer science at Princeton University, and then worked at several Wall Street companies. He quit his job at D.E. Shaw to start an online retail business — though at first he wasn’t sure what to sell. Bezos quickly determined that an online bookstore would resonate with consumers. He and his now ex-wife, MacKenzie Scott, whom he met at D.E. Shaw and married in 1993, set out on a road trip to Seattle — a city chosen for its abundance of tech talent and proximity to a large book distributor in Roseburg, Oregon. While Scott drove, Bezos wrote up the business plan for what would become Amazon.com. Bezos convinced his parents and some friends to invest in the idea, and Amazon began operating out of the Bezos’ Seattle garage on July 16, 1995. Amazon has gone far beyond selling paperbacks. It now produces movies, makes sofas, owns a grocery chain and even has plans to send satellites into space to beam internet service to earth. The company is one of the most valuable in the world, worth nearly $1.7 trillion. During the pandemic, Amazon was one of the few retailers to benefit as shoppers stayed clear of malls and shopped from their phones. On the same day Amazon announced Bezos would step down, the company reported making a record profit in the last three months of 2020, and its quarterly revenue shot past $100 billion for the first time. Bezos’ riches have also swelled: His stake in Amazon is currently worth about $180 billion. For years he stayed behind the scenes, running the company. More recently, he sometimes stepped into the spotlight, showing up at movie premieres and Hollywood parties. In 2019, he announced he was divorcing Scott in a tweet, just before the National Enquirer published a cover story saying Bezos had an affair with a former TV host. Scott received a stake in Amazon after the divorce worth nearly $40 billion at the time. She has pledged to give away half her fortune to charities. As Amazon has grown, so has scrutiny. Amazon and other tech giants have enjoyed light-touch regulation and star status in Washington for decades, but calls for greater regulation are growing. A report by the House Judiciary Committee in October called for possibly breaking up Amazon and others, making it harder for them to acquire companies and imposing new rules to safeguard competition. Bezos is one of the last founders of a big tech company to still be CEO. The founders of Google, Oracle and Microsoft have all stepped down from the top job of the companies they created. Facebook is still led by co-founder Mark Zuckerberg. Jassy, Bezos’ replacement, is a longtime Amazon executive, having worked at the company since 1997. The cloud-computing business he runs powers video-streaming site Netflix and many other companies, and it has become Amazon’s most profitable business. “He’s deeply steeped in technology and a very seasoned executive in his own right,” Gartner analyst Ed Anderson said. But he will also face many challenges. “Amazon’s size makes some industries uncomfortable, some governments uncomfortable, and Andy Jassy will have to deal with the consequences,” Anderson said. “That will be some of the new era of his leadership.” ——— Associated Press writers Matt O’Brien in Providence, Rhode Island, Mae Anderson in New York and Anne D’Innocenzio in New York contributed to this report. ——— This story has been updated to correct the transition period to summer, not fall. WhatsApp Facebook Previous articleOAT020121_Phillip_Urrutia_03.jpgNext articlePeople in Myanmar honk horns, bang on pots to protest coup Digital AIM Web Supportlast_img read more

Buffett: Economy Will Hurt if Uninsured Harvey Losses Top $150 Billion

first_imgSign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Loss Mitigation, News Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Buffett: Economy Will Hurt if Uninsured Harvey Losses Top $150 Billion The Best Markets For Residential Property Investors 2 days ago Share Save Previous: Harvey Update: GSEs Announce Moratorium Next: For Sale: Freddie’s Largest RPLs The Week Ahead: Nearing the Forbearance Exit 2 days ago Warren Buffett, Chairman and CEO of Berkshire Hathaway, told CNBC Wednesday that he wouldn’t be surprised if the company has 50,000 total loss claims in the wake of Hurricane Harvey—and that’s just a small part of the damage Texas has incurred.While general sentiment is that Houston will certainly bounce back, the extent of the damage is still unknown. “It’s yet to be determined how big the problem is,” said Tim Rood, Chairman of the Collingwood Group, told FOX News. “Is it going to be 25,000 homes, 50,000 homes, 100,000 homes that have been impacted? That’s going to be a big determinate I would think. And the sad reality is that in real estate as long as there’s real estate to buy, one person’s misfortune is another persons opportunity.”There are those in the industry that are venturing guesses. Moody’s Analytics projects loss in southeast Texas to be between $51 billion and $75 billion, with home and vehicle damage estimated at $30 billion to $40 billion. However, total losses could continue to rise as the storm moves into Louisiana. According to Buffett, if those uninsured losses top $150 billion, there will be noticeable effects on the economy.”I don’t think it would be a full percentage point for a year or anything like that. But it has a real effect. It destroys wealth. If there’s $150 billion, or something, of uninsured losses that’s real wealth,” Buffett said on CNBC’s “Squawk on the Street.”The main point of concern is lack of flood insurance take-up by homeowners, which will delay reconstruction efforts, according to Moody’s Analytics. Moody’s expects a majority of Harvey’s impact to fall on the residential housing market. Even though Warren said Harvey’s arrival offered a fair amount of warning, if the storm continues its damage in Louisiana, losses as a share of GDP could overtake Hurricane Andrew and the Northridge Earthquake of 1994.”It’s how you perform at a time like this that really defines whether your insurance company is doing the right job,” Buffett said. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Tagged with: Warren Buffettcenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Warren Buffett 2017-08-30 Brianna Gilpin Demand Propels Home Prices Upward 2 days ago About Author: Brianna Gilpin Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Home / Daily Dose / Buffett: Economy Will Hurt if Uninsured Harvey Losses Top $150 Billion August 30, 2017 1,875 Views Subscribelast_img read more

Mc Conalogue clashes with Burton over Farm Assist changes

first_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Google+ Google+ WhatsApp Pinterest Mc Conalogue clashes with Burton over Farm Assist changes Facebook Pinterest Need for issues with Mica redress scheme to be addressed raised in Seanad also Previous articleLough Swilly bus company to stop trading this weekendNext articlePolice seize cannabis during separate searches in Derry News Highland center_img WhatsApp RELATED ARTICLESMORE FROM AUTHOR By News Highland – April 16, 2014 Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Twitter Donegal North East Deputy Charlie McConalogue has hit out at the Social Protection Minister Joan Burton, accusing her of reneging on a promise not to reduce basic social welfare payments.Calling in the Dail for a full review and analysis of the Farm Assist Scheme, he Fianna Fail deputy said in successive budgets, the government has reduced the amount of income that can be disregarded when farm families are being assessed for Farm Assist, to the point where all income is now taken into account.This, he says, has seen the amount of money being paid out significantly reduced, and means the payment is now little more than a form of dole, which he believes to be unfair………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/04/charliefarmassist.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Calls for maternity restrictions to be lifted at LUH Newslast_img read more

Dan Sweeney, Legland, Drumkeen

first_imgNews Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR Publicans in Republic watching closely as North reopens further Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApp Dan Sweeney, Legland, Drumkeen The death has occurred at Arch View Nursing Home, Letterkenny of Dan Sweeney, Legland, Drumkeen.Removal today (Friday) from the Nursing Home at 4pm going to his Daughter Katie and Son in law Eamon O’Donnell residence Stralongford, Drumkeen.Funeral Mass on Sunday at 11.30am in St Patrick’s Church, Drumkeen.Interment afterwards to the local cemeteryEnquiries to Con McDaid & Sons, Funeral Directors, Letterkenny By News Highland – December 22, 2017 Facebook Pinterest Twittercenter_img Google+ WhatsApp Twitter Google+ Community Enhancement Programme open for applications Arranmore progress and potential flagged as population grows Pinterest Facebook Previous articleDonegal GAA stars brighten up Letterkenny Children’s WardNext articleMc Hugh meets former workers at SLM in Gaoth Dobhair News Highland Renewed calls for full-time Garda in Kilmacrennanlast_img read more