CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Cayetano: 4 social media groups behind SEA Games ‘sabotage’ QC cops nab robbery gang leader, cohort Magsayo keeps int’l feather crown View comments Brace for potentially devastating typhoon approaching PH – NDRRMC “You can see we came here to do what we had to do, so credit to the players who never gave up,” said Global Cebu coach Akbar Nawas.Former National U star Paolo Salenga sent the game to extra time by heading home a free kick from Pika Minegishi in the 109th minute, after Kento Nagasaki put Albirex ahead, 2-1, in the 96th minute.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutGlobal defender Wesley Dos Santos also scored off a Minegishi free kick in the first half to cancel out Tsubasa Sano’s opener.But it was Albirex which held its nerve in the shootout with Global missing the first two attempts from Dos Santos and Daruy Roberts, while Albirex converted one out of two —with Sano missing after Nagasaki converted. Global Cebu’s historic run in the RHB Singapore Cup 2017 came to a heartbreaking end on Saturday after the Philippine club bowed to Albirex Niigata in a penalty shootout at Jalan Besar Stadium.The Filipinos equalized twice to send the game to a shootout only to falter, 1-3, as the Japanese-flavored side playing in the Singapore League wrested the crown for the second straight season.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Albirex scored two more from the spot, before Salenga’s effort was parried away for the final count.Global is the first Filipino team to reach the final of the event—CEDELF P. TUPAS Stronger peso trims PH debt value to P7.9 trillion Read Next Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. LATEST STORIES Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City MOST READ
Sixteen celebrities from the world of sport, music, dance, design, art, stage and TV have come together to support the TigerTime campaign’s 2016 Stars & Stripes celebrity art auction.Sporty Spice, Melanie Chisholm, who visited India to see her first wild tigers with TigerTime last year, has joined the supporting artists along with Strictly Come Dancing’s Oti Mabuse and Princess Diana’s wedding dress designer, Elizabeth Emanuel.“Although there are some seriously lovely works among the auction items this annual event is more about raising awareness and funds to protect wild tigers. We’re hugely grateful to everyone who gives their time so generously and to those who bid,” says TigerTime manager, Vicky Flynn.Proceeds from previous auctions has helped fund critical tiger conservation, education, community outreach and anti-poaching work in India, Russia and Thailand.All the works will be on show at the Mall Galleries, London SW1 from Tuesday 28 June to Saturday 2 July. Bids can be made at the gallery or online – bidding closes at 4pm (GMT) on Monday 4 July. Bids can be emailed to: email@example.com Participating this year are: Alan Titchmarsh MBE, Ayden Callaghan, Brian Blessed OBE, Chris Marsh (actor), Elizabeth Emanuel, Emily Lamb (artist), Emre Erturk (NY based fashion designer), Francis Rossi, Joanna Lumley OBE, Jody Craddock (ex Wolves FC turned artist), Lynn Shepherd (author) Melanie Chisholm, Oti Mabuse (Strictly Come Dancing), Peter Egan, Richard Symonds (artist) and Sarah Jane HoneywellYou can view the full catalogue and find out more here
TORONTO – The Bank of Canada’s senior deputy governor is calling for authorities to work toward a coherent set of globally aligned policies governing cryptocurrencies.Carolyn Wilkins told a University of Toronto conference on Thursday that such a strategy will need to cover risks in both cash and derivatives products, as well as the related ecosystems.Wilkins referred to cryptocurrencies as “crypto assets,” rather than currencies because “they do not perform any of the key functions of money.”“While activity might be too small right now to be systemic, at some point they could have implications for financial stability,” she told the audience at the Rotman School of Management.“The crypto world is moving fast, and is largely unchecked.”In a speech that was largely focused on lessons learned from the global financial crisis, Wilkins said that risk raises concerns about investor protection, market integrity and the use of crypto assets in illegal activities.She also said during a question and answer session after her speech that it was important to have a strategy on crypto assets that is as consistent as possible across countries. The different forms of crypto assets, such as tokens, should be put on a “level playing field” with other ways of raising money, she added.Her comments come after the central bank governor raised concerns earlier this year about cryptocurrencies, such as Bitcoin. Stephen Poloz in January said Bitcoin was more akin to gambling than investing.If a digital currency would be to be widely adopted in the future, that would present major challenges for the central bank to execute monetary policy, she said.“Whether we do it or someone else does it, at some point digital is going catch on,” she said.“And the only way to understand it in my view is get in early on the ground level and work with the technology, and the entrepreneurs and the industry who are also working on it.”
O’Riley acknowledges in the letter that schedule and safety concerns impacted the overall health of the construction of Site C. “For these reasons we classified the overall health of the project for this quarter as “red”, or having serious concerns,” O’Riley wrote.“As noted above, we have worked hard over the past several months to improve our performance in these areas and since the reporting period, the overall health of the project has significantly improved and is now classified as “yellow,” or having some concerns.”O’Riley says that last month, BC Hydro reached a memorandum of understanding with Peace River Hydro Partners, the dam’s main civil works contractor, at a cost of $325 million.He says that the MOU includes a contractual schedule that achieves the diversion of the Peace River in 2020, which will keep the project on track to meeting the 2024 project in-service date.Also included in the memorandum are plans to accelerate a number of critical construction activities and purchasing some additional key equipment, with numerous incentive payments for PRHP if and when they meet critical project milestones.Finally, the agreement includes a settlement of past issues that O’Riley described in his letter to the Commission on October 4th, 2017. He said that Hydro has developed a plan to improve safety at the dam’s construction site, including implementing a senior-level safety steering committee with all prime contractors to address shared safety issues, hiring a permanent senior field safety manager, and regularly holding on-site safety conferences.“The contractors have confirmed their commitment to safety as well and developed plans to improve their performance,” O’Riley added.The full letter can be read here: https://www.bchydro.com/content/dam/BCHydro/customer-portal/documents/corporate/media/site-c-quarterly-report-11.pdf VANCOUVER, B.C. – BC Hydro President and Chief Operating Officer Chris O’Riley says in a letter to the B.C. Utilities Commission that after a number of issues and setbacks to the dam’s construction, the Site C project is back on track to be completed on-time and on-budget.In his letter to Commission Secretary and Manager Patrick Wruck, O’Riley also follows up on his letter to the Commission last October, when he said that the Crown Corporation was going to miss its deadline to divert the Peace River in September 2019 because of geotechnical issues.News of the letter was first reported by Vancouver Sun columnist Vaughn Palmer late Wednesday. O’Riley explained that the $325 million settlement will be paid from the contingency fund of the dam’s main civil works budget, which he said will have no impact on the overall project budget.“The final contractual agreement between BC Hydro and the main civil works contractor is expected to be complete later this month,” he added.O’Riley also says in his letter that the Crown Corporation has also taken action to address safety concerns on the jobsite at Site C.“During the reporting period there were two lost time injuries, six medical attention treatment injuries and five near-misses – an increase from the previous quarter,” said O’Riley.
Thiruvananthapuram: The Lok Sabha polls should be fought on perennial issues like poverty and disease and not on a tragedy of one moment , says Congress leader Shashi Tharoor while accusing the BJP-led government of trying to turn the 2019 vote into a khaki election after the Pulwama attack. The momentum was with the Congress when the Pulwama tragedy struck on February 14, killing 40 CRPF soldiers, Tharoor said, hitting out at the government for trying to make the upcoming Lok Sabha polls a “national security based election . Also Read – India gets first tranche of Swiss bank a/c details “We were doing very well by all estimations and the momentum was with us when the Pulwama tragedy struck us. Thereafter, the government has tried to make this a khaki election, a national security-based election, Tharoor told PTI in an interview. They are trying to hype their nationalist message that they were trying to protect the nation at the time of danger which, to my mind and my party’s view, has not been the principle challenge facing the country,” said the former diplomat and author who is aiming for a hat trick from the Thiruvananthapuram Lok Sabha seat this time. Also Read – Tourists to be allowed in J&K from Thursday In his view, a daily terror of hunger, poverty and disease strikes the hearts of millions of India and the government must deal with that too. “I am not minimising national security, but I am saying that the election has to be fought on perennial issues and not on a tragedy of one moment. That tragedy will be dealt with, has been dealt with and should be dealt with. “But there is a daily tragedy, the daily terror of hunger, poverty, disease that is also a terror that strikes the hearts of millions of our fellow Indians and that too needs to be dealt with by the government,” he said. Agreeing that some surveys have suggested the BJP’s chances have improved after the terror strike, Tharoor said it was the job of his party to remind people of the real issues. According to the Thiruvananthapuram MP, there has been a dramatic change in the character of India under BJP rule. An estimated 97 per cent of all communal violent incidents relating to cow vigilantism have happened in last four years, Tharoor said. And those are figures issued by the Home Ministry of Rajnath Singh. Not by Congress, not by any NGO. These are government figures. These are very serious crises,” he said. Lashing out at Prime Minister Narendra Modi, he said “triumphant majoritarianism celebrates violence” and the “prime minister stays silent”. So the condoning of this kind of thing is a deep assault on the very foundations of our democracy,” the former Union minister said. He said there are attempts by the centre to undermine the Constitutional arrangement that India was a country for all religions. “That’s being undermined in the ruling party’s language and rhetoric and is also undermined by steps like the citizenship amendment Bill which will allow every citizen of a neighbouring country except Muslims to settle here. That kind of bigotry was never part of Indian nationhood,” he said. Tharoor also expressed the hope that the people of India will vote out the BJP as the party doesn’t deserve a second chance. Addressing the issue of farmer distress, he said, “Sadly, more farmers are committing suicide than there are victims of terrorism in India. I am not saying we should minimise… we should also keep our country safe, but we want the people to address the existing real problems which includes major levels of agrarian distress. For the first time in history, we have eight farmer suicides in Kerala.” The former UN diplomat also mocked the claims of the BJP government over job creation and said the saffron party was only interested in keeping its own job in Delhi. The Congress wants every person in India to have a job, he said. Due to the failed employment policies of the BJP government, skill development has not taken off effectively in the last five “wasted” years, Tharoor said, alleging that the exports and manufacturing sectors had taken a beating. “Thanks to demonetisation, not only the GDP growth got hit of 2 per cent, but small and micro enterprises have shut down across the country. Asked whether the Congress was ready to take on the BJP, he said it was “absolutely” ready. Common people, the Congress leader said, were suffering under NDA rule. An LPG cooking gas cylinder, which cost Rs 390 under the UPA regime, was priced Rs 975 under the BJP government for no good reason, he said. Excise duties for petrol have gone up to Rs 19.48 under BJP rule even when the world prices are dropping, he added.
New Delhi: As many as 19 pink booths — staffed only by women — will be established for the Lok Sabha elections in Delhi, officials said. Polling in the national capital, which has seven parliamentary constituencies, is due on May 12. The first-phase of the election was held Thursday. A total of 13,816 polling stations will be established at 2,696 locations in Delhi, with a model polling station in each of the 70 assembly constituencies. The establishment of pink booths would be a first for the city during elections. ‘pink polling booths’ have been used in other elections, such as the Karnataka polls last year. Delhi’s CEO Ranbir Singh had said areas were being identified in the city for this purpose.
The Delhi Temple of Shri Venkateswara Swamy Vari, popularly known as Tirupati Balaji will be observing the Annual Brahmotsav Festival from May 15-25, 2019.Spread across 1.2 acres, the Delhi Temple of Lord Tirupati Balaji is located in the heart of New Delhi near Birla Mandir. It is under the aegis of Tirumala Tirupati Devasthanams (TTD) and is a replica of the Temple situated at Tirupati in Chittoor district of Andhra Pradesh. Brahmotsav, is the most important festival celebrated in Tirumala as it marks Lord Srinivasa’s self-manifestation day by Lord Brahma. The annual Brahmotsav is conducted with the same fervor at the Delhi temple as is done in Tirumala. Also Read – The Puja carnivalDuring the festival, the Utsav-murti (processional deity) of the presiding deity Lord Venkateswara (Tirupati Balaji), along with his consorts Padmavati Ammavaru (Mahalakshmi Maa) and Andal Ammavaru (Dharti Maa) is taken out on a procession on different Vahans on the streets around the Temple complex. The major highlights of the festival are Rath Yatra on different Vahans namely Pedda Sesha (seven-headed snake), Chinna Sesha (five-headed snake), Hamsa (swan), Muthya Pupandiri (pearl bower), Simha (lion), Kalpvriksha (wish-fulfing tree), Hanumantha (Hanuman), Sarvabupala (protector of universe), Garuda (eagle), Gaja (elephant), Surya Prabha (sun) and Chandra Prabha (moon). This year 10 vahans have been gifted by ardent devotees to the Delhi Temple of Lord Venkateswara each costing approximately Rs. 2 lacs. Also Read – Wave City brings special offers this NavratraSpecial Pujas such as Abhishek, Kalyan Utasv (Lord Balaji’s marriage), Havan, etc. Mahaprasad will be done daily. The world-famous Tirumala Laddoos will also be available for Rs.100 each. The festival will also feature cultural programmes and special stalls. Praveen Prakash (IAS), Resident Commissioner Government of Andhra Pradesh and President, LAC, TTD has requested all devotees residing in Delhi and NCR to come forward to join the festivities and support the Delhi Temple Brahmotsav with heart and soul. Devotees may contact the Delhi temple for extending any support and donation.
OSU senior forward Sam Thompson rises up for a jump shot during a game against Miami (OH) Dec. 22. OSU won,Credit: Samantha Hollingshead / For The LanternA struggle to win games away from Columbus might have it dropping in the rankings, but the No. 21 Ohio State men’s basketball team continues to enjoy its home cooking.OSU (10-2) improved to 10-0 at home — all by double-digit margins — with a 93-55 victory over Miami (Ohio) (3-8) on Monday night.The win followed an 82-74 defeat to then-No. 24 North Carolina on Saturday in Chicago. Redshirt-freshman guard Kam Williams said a key for the Buckeyes that was lacking at the United Center is staying strong for the entirety of the game.“We didn’t play tough for 40 minutes. That’s been the key for both of our losses,” Williams said. “We’ve just got to stay tough and keep executing the system for 40 straight minutes, because the film shows when we execute our stuff, no one is able to defend us.”Freshman forward Keita Bates-Diop said he believes that games like Monday night’s are important for developing that mindset.“That’s what the non-conference games are for, getting better every game,” Bates-Diop said. “We’re starting to improve on things like executing on offense, getting better at defensive principles, I think that’s going to prepare us for the Big Ten.”Five Buckeyes — Williams, freshman guard D’Angelo Russell, sophomore forward Marc Loving, Bates-Diop and freshman forward Jae’Sean Tate — scored in double figures. Williams led the team with 18 points.“I just kept my head high,” Williams said. “I knew some opportunities were going to open up. The biggest key for us is getting stops, because when we get stops, I think our transition game is top notch.”Russell knocked down a three-pointer from near the corner just 12 seconds in, giving the Buckeyes a lead that would they would never relinquish. The freshman from Louisville, Ky., followed that up with another triple from almost the identical spot on OSU’s next possession.OSU did not lift its foot off the gas pedal for about 10 minutes afterward, erupting out to a lead that stretched as wide as 34-7.“We’ve got some guys on this team shooting a very high percentage,” OSU coach Thad Matta said. “Trying to set them up and get them looks is very important, in terms of the best shooters shooting more shots.”Matta cited Loving, who finished with 16 points on four-of-seven shooting, including two-of-three from deep, as one of those shooters.“He’s taking good (shots),” Matta said. “He could probably take some more. The thing is, Marc is taking good shots, and that’s probably the reason why his percentage is pretty high.”However, the RedHawks showed their own ability to go on a run, outscoring OSU, 15-2, from that point over the next four and a half minutes to cut OSU’s lead to 36-22. The run was opened by a thunderous alley-oop dunk by junior forward-center LJ Livingston Jr. just before the under-eight minute media timeout.Matta said OSU’s intensity after timeouts has been something he has monitored all season long.“What happens out of the timeouts, do we let them go on a run, those are the things that we’re after,” he said.OSU made that run short-lived, though, and recovered following another timeout to re-open a 46-24 lead at the half.Nine of the 10 Buckeyes to play in the first half scored, including eight with four points or more. Russell led the way with 10 points on three-of-five shooting, all from 3-point range, followed by Loving with eight points and seven rebounds.Russell and Loving continued to put on a show to begin the second half. The two exchanged baskets to account for the first 11 points of the half for OSU, as the Buckeyes took a 57-26 lead in the second half’s first few minutes.OSU’s zone defense held the RedHawks to 34.4 percent from the field, as well as forcing 19 turnovers.The Buckeyes shot 54.5 percent overall from the field.“We stayed within the offense in terms of what we were doing,” Matta said. “Those are the things that, as you’re trying to make some adjustments defensively, can they carry that forth? I think, from the standpoint of what we were looking for tonight, we got it.”Despite the efficient offense, the Buckeyes only shot 12-of-22 from the free throw line.Fourteen of Williams’ game-high 18 points came in the second half, including four shots in quick succession midway through the stanza, including a stretch where he hit a shot from outside, stole the inbounds pass and converted a lay-up.Livingston led the way off the bench for the RedHawks, playing in the paint to score a career-high 17 points.With 6:45 remaining in the first half, OSU redshirt-senior forward Anthony Lee went down on the court with what was later announced as a right ankle sprain. The transfer from Temple was able to get to his feet, but needed assistance to walk off the court. He did not return.Matta said after the game that Lee is “fine,” but could miss some games after the holiday break. He said that due to Lee going home for the break, he may not be able to get the treatment he needs, which could cause him to miss some time.The Buckeyes are set for one final non-conference matchup before opening Big Ten play. That next contest is scheduled against Wright State, with tip set for 7 p.m. on Saturday at the Schottenstein Center.
Inter Milan have reportedly join AS Roma in the race for Bruno Fernandes’ services for next season, claims Gianluca Di MarzioThe Portugal international is currently attempting to rescind his contract at Sporting Lisbon, along with several of his teammates, and will then be able to enter the summer transfer market as a free agent.Roma were believed to have been leading the race for the highly-rated Fernandes, but Serie A rivals Inter have now made announced their interest in signing the 23-year-old.Capello calls Lukaku “a modern striker” Manuel R. Medina – September 14, 2019 The former Italian manager believes Romelu Lukaku is perfectly suited for Antonio Conte’s Internazionale Milan in the Serie A.Head coach Luciano Spalletti is hoping to add a number of high profile signings this summer with Inter set to return to the Champions League for next season, despite a disappointing second-half to last season.The Serie A giants have reportedly met with Fernandes’ representatives and are hopeful of completing a deal.Fernandes scored 11 goals and added eight assists in 33 appearances for Sporting last season in the Primeira Liga.
Luka Modric celebrated his six-year anniversary at Real Madrid on MondayThe Croatian playmaker was signed by Los Blancos for €35m in 2012 from Tottenham and is now an integral figure of the squad.Modric has made 260 appearances in all competitions for Real and added 13 goals in the process.Receiving the Golden Ball award in the 2018 World Cup in Russia has further enhanced Modric glowering reputation with Serie A giants Inter Milan failing to prize him away from the Santiago Bernabeu.In his six years at Real, Modric has won the following:Zidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.4 Champions League3 Club World Cups3 European Super Cups1 La Liga1 Copa del Rey2 Supercopa de Espana.Modric even left a message on Instagram with a photo.
Recommended for you Police release update on capsized sloop Grim reports, migrants drown in attempt to land illegally in TCI Facebook Twitter Google+LinkedInPinterestWhatsApp Press Release: RTCIPF#MagneticMediaNews #HaitianSloopTragedy 15 bodies found so far in Jan 24 Haitian Sloop tragedy Related Items:#HaitianSloopTragedy, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, January 27, 2017 – A search is still ongoing by Police and Immigration Officers for bodies of persons who may have drowned following the incident of an illegal Haitian Sloop that capsized in rough seas in the Norther Western Point of Providenciales on Tuesday 24th January 2017.So far, officials have discovered a total of 15 bodies consisting of 8 females and 7 males. Information received was that 69 souls were on board the sloop “Adonai” when it left Cape Rouge in Haiti. One survivor from that ship was captured by Police. As a result officials so far can only account for 16 persons in total with 53 still outstanding.Persons within the Haitian Community with concerns regarding relatives can contact the Chalk Sound Police Station at 338-5901 for information. Anyone who has information on the whereabouts of illegal immigrants who may have arrived on this boat is asked to come forward with any information or contact the Chalk Sound Police Station. Further searches are ongoing.
The City will be performing another shut down this afternoon from approximately 2:00pm to 5:00pm to install a permanent repair in the piping. Follow detours around the construction site and contact the Public Works Department with any questions at 262-9107. Facebook0TwitterEmailPrintFriendly分享The City of Soldotna is continuing work to fix a temporary water outage that occured yesterday. According to the Public Works Department, during installation of the new sewer main, the water main on Arlington Court, Redwood Court, Sunrise Court and Kobuk Street between Redoubt Avenue and Arlington Avenue were temporarily shut down yesterday.
Share To embed this piece of audio in your site, please use this code: Andrew Schneider/Houston Public MediaCouncil Member Dave Martin, chair of Houston City Council’s Budget and Fiscal Affairs CommitteeHouston Mayor Sylvester Turner is still negotiating with the firefighters’ union to try and find a way to phase in voter-mandated raises. But city council members are preparing options the mayor may use to implement Proposition B should those talks fail. The council’s Budget and Fiscal Affairs Committee brainstormed options for much of Thursday afternoon.Chairman Dave Martin warned that this would only be the beginning of a long, ugly process. “I envision a very, very nasty, tough – use whatever word you want to use – budget season that we’re getting ready to embark upon,” he said.Martin compiled a list of nearly 20 proposals from fellow council members, as well as representatives of the city controller’s office and the city finance department. The ideas ranged from Council Member Dwight Boykins’ plan for a garbage fee to Vice Chair Amanda Edwards’ suggestion of leasing city property.The committee will submit the proposals to the mayor next week. Some of them are ideas he has already rejected. 00:00 /00:47 Listen X
(Photos: President Obama/ Wikimedia Commons and Larry Young/YouTube)On Election Day, President Barack Obama appeared on “The Larry Young Show” on WOLB 1010AM to make a last appeal to Baltimore voters to get out and vote for the state’s Democratic candidates.“Grab your friends and neighbors and co-workers and go make sure they do the right thing, because a lot is at stake in terms of the progress we’ve made; we’ve got a lot more we’ve got to do,” he told the radio show host in the 10-minute interview. He later added, “’m not trying to sell people some sort of false hope…, things are not going to change overnight. But, we have made real progress, mainly because people voted in 2008 and voted for me in 2012 and I was able to get things done, like Obamacare, that are helping millions of people.”Young, a former state senator and popular personality among the city’s Black residents, challenged the president’s request for more support.“Mr. President one of the biggest things that disturbs me is the fact that…you’re not on the ballot, but in many, many situations, truth be told, sir, you’re on the ballot because we’ve been there for you twice; we’ve had your back and we’re going to have your back. And your coming to us this morning, you’re asking us for the third time to have your back,” Young said.Obama pressed forward with his petition, however.“This is the last time that I’m going to be asking folks to vote while I’m still president,” he said. “[But], all the things we’ve fought for, all the things we’ve been trying to get done over the last several years depend on having folks in the statehouses and in Congress that care about what I care about, which is working families and their ability to get ahead and helping young people have as much opportunity as possible.“In a lot of ways these midterms are just as important as presidential elections,” he added. “In a democracy, the president is not just the dictator. I can’t get things done on my own; I’ve got to have partners in this process. And, Anthony Brown has been a partner; folks like Elijah Cummings have been partners. And we’ve got to make sure during these midterm elections we’re supportive, because they’ve been there whenever we’ve tried to get some important efforts done.”The president and Young discussed the sad truth that, in many cases, voters—particularly Black voters—give their power away.“I was joking with someone today [that] you go into a barbershop and everybody’s got an opinion about everything—why are our schools run down, why are we putting some of these folks back to work (in office), why is it Congress doesn’t seem willing to raise the minimum wage? Well, part of the reason is because even though we are all empowered with the right to vote a lot of us just don’t bother to do it,” Obama said.Historically, only about 35 percent of the American electorate votes during midterm elections, the president said, which means 65 percent are giving away their power. And that’s part of the reason why it is so hard to change the political status quo.“It’s a hard thing because people get cynical,” the commander-in-chief said. “As much progress as we’ve made there’s still people out there who don’t have a job; as much progress as we’ve made, there’s still neighborhoods where there aren’t enough opportunity and too many of our young people go to jail. And so at a certain point it’s kind of easy to think…none of this makes a difference.”But such decisions create a self-fulfilling prophecy, he added.“I’m not trying to sell people some sort of false hope…, things are not going to change overnight, but we have made real progress, mainly because people voted in 2008 and voted for me in 2012 and I was able to get things done, like Obamacare, that are helping millions of people,” he said, later adding, “My message is very simple, which is you have a chance right now to make a real, concrete difference in the life of your community…. Be a leader and make this happen.”
Kids Smiles, a non-profit dental center, will provide free comprehensive dental care to uninsured children on Feb. 5 for Give Kids a Smile Day. Located at 4837 Benning Road, SE. Kids Smiles provides a dental home for children ages 0-18 in the Benning Ridge neighborhood of Ward 7 and surrounding areas, and accepts all children regardless ofinsurance or ability to pay. Parents of uninsured children can schedule an appointment with Kids Smiles should call 202-650-5238. All patients will also enjoy free healthy snacks and giveaways that encourage positive oral and overall health during the event.
UPDATED, 4:02 p.m. ET: After Spotify opened with a bang in its stock-market debut Tuesday, the stock drifted down 10% — but still gave the music streamer a higher-than-expected valuation.Spotify opened at $165.90 per share, 25% higher than the top end of private stock sales disclosed by the company, giving the company a market valuation of $29.5 billion. Shares began trading on the New York Stock Exchange on Tuesday at about 12:43 p.m. ET under the ticker symbol “SPOT.”The stock closed at $149.01 per share. That’s still well above what Spotify has disclosed for private stock sales from Jan. 1-March 14, 2018, which had varied widely — ranging between $48.93 and $132.50 per share.Spotify’s current market cap of $26.4 billion makes it more valuable than CBS, Twitter, Snap, Sprint, Dish Network and Viacom. Even after the IPO, Ek and co-founder Martin Lorentzon will very likely maintain majority control of Spotify even if they sell a portion of their holdings. As of March 21, Ek controlled 37.0% of the Spotify’s total voting power and Lorentzon controlled 43.5%. Ek directly owned 15.6 million shares (8.8% of outstanding shares) and Lorentzon held 21.7 million (12.2%).Spotify operates in 65 countries and territories. As of the end of 2017, it tallied 157 million monthly active users and 71 million premium subscribers. It restated user metrics two weeks ago, eliminating 2 million users from its MAU total to account for fraudulent streams from freeloaders using hacked apps.Chinese internet giant Tencent owns 9.1% of Spotify’s outstanding shares, while Spotify holds 9% equity in Tencent Music Entertainment. The parties have agreed to retain their ownership in the shares until at least December 2020. Popular on Variety ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 The music streamer’s unconventional direct-listing IPO — which bypassed Wall Street banking firms as underwriters — is expected to be one of the biggest tech offerings of the year. Spotify isn’t raising any capital with the IPO. Rather, it’s designed to let existing investors cash out their holdings; those include Sony Music Entertainment, which owns 5.7% of outstanding shares, and Universal Music Group and Warner Music Group, which each hold around 4%. With the IPO, Spotify shareholders are eligible to sell up to 55.7 million regular shares, representing 31% of outstanding shares.In less than 15 minutes, more than 10 million Spotify shares had been traded. About 29.8 million shares total were traded in just over three hours on Tuesday. The NYSE had set a “reference price” Monday of $132 per share as a placeholder prior to the initial public offering.Founded in 2006, Spotify has never been profitable and its rivals include Silicon Valley heavyweights Apple, Amazon and Google. But at least out of the gate, investors displayed enthusiasm to own a piece of the Sweden-based firm. Spotify is the No. 1 global music-streaming provider with an estimated 42% worldwide market share in 2016.Spotify CEO Daniel Ek, in a blog post Monday, said he expects the company to experience “ups and downs as we continue to innovate and establish new capabilities.” He tried to convey a business-as-usual air, saying about the IPO that “our focus isn’t on the initial splash” and that he hoped Spotify’s public-market debut does not become the most important day in its history.“Spotify is not raising capital, and our shareholders and employees have been free to buy and sell our stock for years,” Ek wrote. “So while tomorrow puts us on a bigger stage, it doesn’t change who we are, what we are about, or how we operate.”For 2017, the company generated around $5 billion in revenue in 2017 (4.1 billion euros), versus $3.6 billion in 2016. Its net loss for 2017 more than doubled, to $1.5 billion (1.2 billion euros).Spotify has fans on Wall Street based on its potential growth. “Spotify is the global leader and has sustainable advantages,” RBC Capital Markets’ Mark Mahaney wrote in a March 29 note, initiating coverage with an “outperform” rating and a $220-per-share price target. A valuation of nearly $40 billion for Spotify is “highly reasonable,” he added.
Networking specialists D-Link, which makes devices including routers, modems and network cameras, has denied that it is acquiring US cloud DVR service Boxee.Though D-Link is the manufacturing partner behind the Boxee Box, D-Link’s president for Europe Kevin Wen denied press speculation that it is a potential suitor for the business.“If they’ve been acquired by another company, we believe we will continue to partner with Boxee,” said Wen, adding that, if true, news of a possible takeover could emerge next week.However, he said that he could confirm D-Link was not taking over the business.The news follows a recent report by tech site VentureBeat claiming that Boxee has been acquired and is due to imminently announce details of the deal. It cited device manufacturing firms like D-Link and Cisco as having the most to gain from such a deal.An earlier story by All Things D claimed that the web TV firm has been seeking a buyer or looking to raise “a big investment round” since hiring financial advisor Allen and Co in February.
The CEO of Time Warner has confirmed he may hand the embattled broadcaster Central European Media Enterprises a loan providing it is “fair” for shareholders.Jeff Bewkes said yesterday: “We think CME has very interesting long-term opportunities. So while there’s no guarantee we will come to an agreement, we’ve been and remain very interested in what CME might do.”However, he warned that any transaction must be “fair for our shareholders, and, certainly, it has to be fair to theirs”.Last week CME’s management warned the broadcaster would be unable to operate in the next 12 months unless additional funding was secured, and as Time Warner is CME’s largest shareholder with a 49.99% stake, spotlight has fallen on the Warner Bros. owner.One element in CME’s favour is its new co-CEO team of Christoph Mainusch and Michael Del Nin, whom Bewkes has placed his faith in. “We have confidence in the new management,” he said.CME is planning to shed 1,000 jobs and will potentially sell “non-core” business operations in a bid to move the company to steadier footing, Del Nin revealed last week following financial results that saw it make a US$45 million Q3 operating loss and lead to analysts warning of a forthcoming credit crunch.Bewkes was speaking to analysts on a conference call following third quarter financial results that saw Time Warner record revenue for the quarter of US$6.85 billion (€5.07 billion) on improved year-on-year profit of US$1.19 billion. Revenue at the company’s cable channels business, which includes HBO and Turner Broadcasting, grew 5.4% YOY to US$3.52 billion, though its filmed entertainment business, which includes Warner Bros.’s television production business, fell 7% to US$2.7 billion.
A+E Networks’ Crime + Investigation channel has launched on UPC’s cable platform in the Czech Republic.The channel will be part of UPC Czech Republic’s digital basic package, bringing content including The Jail: 60 Days and The Haunting of… to UPC viewers. The channel is already available in the Czech Republic with Czech dubbing.Adrian Pilkington, Senior Vice President, Distribution and Strategy at A+E Networks UK, said: “We are delighted to secure new distribution for CI in the Czech Republic, and are pleased to be working closely with UPC to bring our broad range of quality crime and investigation programmes to an even wider audience.”