The Boohoo share price slump: here’s what I’d do now

first_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Image source: Getty Images 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 owns no share mentioned. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Amazon and ASOS. The Motley Fool UK owns shares of Next. The Motley Fool UK has recommended boohoo group and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. 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. Simply click below to discover how you can take advantage of this. 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”center_img The Boohoo (LSE: BOO) share price plunged last week after reports emerged of poor working conditions at a factory of one of its suppliers Leicester. Following these declines, it fell back to levels last seen in April, which makes the stock look cheap compared to its recent trading performance. However, before investors buy into this growth story, it might be worth considering what could happen to the Boohoo share price in the worst-case scenario. 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…Boohoo share price declinesSince the initial accusations against Boohoo emerged last weekend, the company has ordered an independent review of its UK supply chain. It has asked a senior barrister to lead the investigation, which will take place over the next few months. It is also spending £10m to “to eradicate supply chain malpractice.“However, this isn’t the first time the company has been accused of poor working practices. Similar accusations emerged last year. And this time around, sellers have started to turn on the business. Retailers Next and Asos have dropped goods from their virtual stores. If sales start to fall, the Boohoo share price may decline in the short term. But in my view, over the long run, the business should be able to navigate this crisis. The online clothing market is booming, and Boohoo is one of the world’s leading online fashion brands. This gives the company a definite competitive advantage. Nevertheless, it is clear that the company is going to face higher costs going forward. The £10m outlay to improve its supply chain will come out of the group’s bottom line. The firm may also have to increase the prices it pays to suppliers. That would compress profit margins in future. Higher costs could have a significant impact on the Boohoo share price over the long run. City analysts were expecting the company to report a net profit of £93m for 2021. The £10m supply chain cost will reduce this by 11%. Higher production costs may reduce future income. Also, retailers’ boycotts of the brand may impact sales. Difficult to predict It’s difficult to tell what the future holds for the Boohoo share price. The big problem is uncertainty.This may be a flash in the pan for the company or it could become something much worse. It has been reported that Boohoo is facing a modern slavery investigation, which could result in a high court injunction or an unlimited fine. Therefore, this could be just the beginning of a prolonged period of uncertainty for the Boohoo share price. All of the above makes it difficult to predict the impact of the crisis on Boohoo and the company’s bottom line. As such, it might be best to stay away from the stock for the time being. There are plenty of other growth stocks out there on the market that have similar growth potential and are not under investigation.  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. 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. The Boohoo share price slump: here’s what I’d do now Rupert Hargreaves | Saturday, 11th July, 2020 | More on: BOO See all posts by Rupert Hargreaveslast_img read more

DeSantis: We need to get help to Florida small businesses, ferret…

first_imgShare on Facebook Tweet on Twitter Please enter your comment! Florida Gov. Ron DeSantis speaks Tuesday, May 5, 2020, during a coronavirus news conference in Sarasota, Fla. Chris O’Meara / AP The Anatomy of Fear TAGSCorporationsCOVID-19Governor DeSantisRelief MoneySmall BusinessesThe Center Square Previous articleOrange County announces end to curfew, expanded test sites, opening personal care services and moreNext articleOrange County offering personal protective equipment to small businesses to assist in economic recovery Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 You have entered an incorrect email address! Please enter your email address here Support conservation and fish with NEW Florida specialty license plate Please enter your name here By John Haughey | The Center SquareGov. Ron DeSantis said Friday that Florida will “find a way” to get COVID-19 relief money to small businesses without it being gobbled up first by “bad actors.” Save my name, email, and website in this browser for the next time I comment. The governor said corporations cleaned out two rounds of federal Paycheck Protection Program assistance before small businesses could get to the table.“There definitely have been some bad actors, companies that got millions and millions of dollars,” DeSantis said. “Some of the bigger companies are getting money, and small businesses are not getting anything.”Congress has passed two PPP assistance packages. The first round ran through $349 billion in 13 days, and the second round provided $310 billion.The second round of PPP excluded publicly traded companies from applying, after corporate restaurant chains and retailers, among other large companies, were awarded loans in the first round.The U.S. Treasury on April 23 demanded that publicly traded companies return their loans by May 7.Ruth’s Chris Steakhouse, which got $20 million by applying on behalf of two subsidiaries, and Potbelly Sandwich Shop, which got $10 million, are among those that have announced they’ll return their loans.A small business advocacy organization and consumer rights group are among those with websites tracking PPP loans.“For some (corporations), you really should return that and let the small businesses have it,” DeSantis said. “There are some businesses that took it and didn’t even close the whole time. It’s just not fair.”The governor said he is looking at boosting state assistance “potentially using other state programs, keyed to mom-and-pop businesses.”“We got to do that,” he said. “We need to get (assistance) into the hands of the small business folks.”Florida’s $50 million Small Business Emergency Bridge Loan program, unveiled March 17, also ran out of money quickly.According to the Florida Department of Economic Opportunity (DEO), only 945 – or 3 percent – of 38,000 applications for the one-year, no-interest $50,000 emergency loans were approved, with about 815 separate business owners receiving loans and 60 securing multiple loans.“We’re actively looking to see (what Florida small businesses) have not received any type of assistance,” DeSantis said. “If they don’t remain solvent, they could go out of business.”DeSantis called Monday for the state’s inspector general to investigate the 2011 $40 million contract with DeLoitte Consulting to build the CONNECT unemployment website that cost $77 million to launch in 2013.“This is a system the state paid, again I wasn’t here for this, but they paid $77 million for. We brought in engineers and they say it was very flawed and not worth the money,” he said.DeSantis said during Friday news conferences in Jacksonville and West Palm Beach there is no timeframe for “getting to the bottom of it.”“How long it will take? I don’t know,” he said. “Our focus is getting the checks out. I imagine, when the dust settles, we will be able to get some answers.”Meanwhile, DeSantis said, payments to the state’s jobless are being processed, with more than $1 billion paid since March 15, noting 150,000 checks were sent out Thursday alone.DeSantis said many Floridians don’t qualify for state unemployment but qualify for federal pandemic unemployment assistance (PUA) authorized under the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act.“The federal government just sent us the money” for PUA payments, he said.DEO’s Reemployment Assistance Claims dashboard reported Friday evening that 829,771 of 1.239 million – or 67 percent – “confirmed unique” claims had been filed since March 15, with 494,944 – or 40 percent – having been paid, totaling $1.184 billion. LEAVE A REPLY Cancel replylast_img read more

Green energy vs. jobs and pensions?

first_imgThe Sept. 12-14 Global Climate Action Summit in San Francisco, convened by California Gov. Jerry Brown, drew thousands of delegates from many countries to the Moscone Center. Summit delegates were primarily elected officials, business and nonprofit representatives, mainstream environmentalists, scientists and academics.Thousands protested outside the summit. Those outside were not right-wing climate science deniers, but Indigenous activists and critics of “market-based” approaches protesting their exclusion from the summit.One of the featured speakers on the inside was AFL-CIO President Rich Trumka. The theme of his talk was “Fight Climate Change the Right Way.”Trumka raised concerns about “climate strategies that leave coal miners’ pension funds bankrupt, power plant workers unemployed, construction workers making less than they do now,” as well as the impact of a shift to green energy on coal mining jobs.The biggest threat to employment among union miners has not been the struggle to defend the environment, but rather the mine bosses’ drive for profit. The bosses have closed union mines in favor of unorganized mines, a shift that has cost miners their lives. Mountaintop removal — also known as strip-mining — has devastated the economy and the landscape of states like West Virginia.Did Trumka think he was going to convince this gathering of corporate philanthropists and capitalist politicians to promise new, union jobs to his constituents in conjunction with a profit-motive-oriented approach to saving the environment?Green energy vs. pensions?Pensions are legally understood to be “deferred wages” — money already earned when the retiree was on the job. How would converting a coal-fired power plant to one powered by green energy impact the pensions of current or future retirees? The problem is how changes in the capitalist economy impact funding.In 1946, Trumka’s United Mine Workers (UMWA), under the leadership of President John L. Lewis, pioneered the first union pension plan. The UMWA negotiated what’s now known as a “defined benefit” that a miner was guaranteed each month upon retirement. However, retirees were not paid directly by the employers they had worked for, but from a multiemployer pension fund to which the coal barons were required to contribute a negotiated amount.The UMWA defined benefit plan became a template for other unions to secure a decent living for their members in their retirement years. Defined benefit pensions were won through struggle — the United Auto Workers struck Chrysler for 104 days in 1950 — and are now under siege by bosses who want to replace them with 401(k) plans that cost the bosses less and do not guarantee a set monthly income for the retired worker.When they first won pensions, unions demanded that pension funds be kept independent from the companies’ finances. That way the funds could not be raided if a company had a cash flow problem in an economic downturn, and the funds would still be there if a company went out of business.Company contributions, however, were affected by how many workers were on the payroll. This worked fine with a stable workforce, where a steady stream of new workers replaced workers who retired, quit or died on a more or less one-for-one basis.The problem now is that, due to downsizing, outsourcing and other factors that shrink the workforce, the number of UMWA retirees outnumbers active mineworkers by more than 12 to 1. Also, mine owners who go bankrupt or are out of business make no contributions. Lastly, the funds are invested in the stock market, leaving pensions vulnerable to fluctuations in a volatile market.For all these reasons, the income from company contributions has failed to keep up with the outflow. This failure puts pensions and retiree health benefits in jeopardy. Many union-negotiated plans, such as the Teamsters’ multiemployer plan, are now underfunded.So now Trumka is stoking fear that measures to combat climate change will end up costing more jobs in coal, in addition to creating unemployment in hard-hit mining communities that will cause the pension fund to be even more underfunded. Yet these measures are urgently needed to slow climate change.Isn’t the real problem capitalist restructuring? The goal of restructuring is to drive down the cost of labor by squeezing maximum productivity from the fewest number of workers and at the lowest possible wage. Isn’t the capitalist drive for profit also responsible for the over reliance on fossil fuels that created global warming in the first place?It’s absolutely right to programmatically combine the fight for climate justice with the fight for full employment. Trumka, however, frames the issue the wrong way. Intentionally or not, he ends up pitting jobs and pensions against the future of the planet.Union workers have more in common with the protesters outside the summit, who marched for “climate, jobs and justice” and opposed environmental racism and capitalism.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Armenian National Committee of America – Pasadena Chapter Hosts Its Annual New Year and Armenian Christmas Holiday Celebration Reception

first_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Name (required)  Mail (required) (not be published)  Website  Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Herbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyYou’ll Want To Get Married Twice Or Even More Just To Put Them OnHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyZac Efron Is Dating A New Hottie?HerbeautyHerbeautyHerbeautyTiger Woods Is ‘Different Man’ 10 Years After ScandalHerbeautyHerbeauty Gatherings Armenian National Committee of America – Pasadena Chapter Hosts Its Annual New Year and Armenian Christmas Holiday Celebration Reception Over 200 Community Members, Guests, Friends and Supporters Attend the Annual Event From STAFF REPORTS Published on Tuesday, January 19, 2016 | 12:25 pm Business News More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Top of the News center_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Over 200 enthusiastic Armenian National Committee Of America – Pasadena Chapter (Pasadena ANCA) members, guests, friends and supporters gathered at the Pasadena Armenian Center in Pasadena, California on the evening of Thursday, January 7, 2016 to collectively observe and celebrate the New Year and Armenian Christmas Holidays in a warm and congenial atmosphere and familiarize or reacquaint themselves with one another and with the Pasadena ANCA’s past, current and future activities.This year’s celebration, as in years past, proved to be just as joyous, entertaining and memorable an affair for all who were in attendance. The evening’s program was opened by its Master of Ceremonies and Pasadena ANCA Chairman Vahe Majarian, who welcomed members and guests, introduced honored guests and dignitaries and delivered his remarks highlighting the Pasadena ANCA’s activities, achievements and successes over the course of the last year and outlined the organization’s goals, objectives and priorities in the year to come.Following Majarian, the Pasadena ANCA’s longtime friend and champion, State Assemblymember Chris Holden, Representing the 41st California Assembly District approached the podium and during his remarks, commended the Pasadena ANCA for the critical role it plays the community and for its years of service and dedication to its constituency, the city and the region and reiterated how much he valued and cherished his longstanding relationship with the Pasadena ANCA and how delighted he is in attending its annual Christmas Holiday Reception every year. Majarian then invited the Honorable Mayor of the City of Pasadena Terry Tornek, who also shared his thoughts and that he too valued his close relationship with the Pasadena ANCA and its larger Armenian-American community in Pasadena and expressed his pleasure in being among such an esteemed assemblage of friends, elected officials, public servants and activists. Majarian and Mayor Tornek then invited Mr. and Mrs. Joe and Houry Bahgdadlian, who were recognized by the Armenian National Committee of America – Pasadena Chapter as the organization’s “Friends and Supporters of the Year” and the Mayor presented them with an official Certificate of Recognition from the City of Pasadena.During the event, guests enjoyed the refreshments and appetizers provided and during the entertainment portion of the evening’s program, guests were treated to musical performances by the Marshall High School Band lead by their conductor, Joel Lopez and joined by their principal Dr. Mark Anderson and dancers from the Patille Dance Studio who performed 4 unique dances: a ballet, a jazz and 2 special traditional Armenian dances whose performers were comprised of 3 different age groups spanning from 4 to 14 years old.“We were very pleased with and proud to host this event” remarked Pasadena ANCA Chairman Vahe Majarian “Collectively we put in a lot of time, energy and effort into it and are extremely proud to host it every year and look forward to hosting it for many years to come” stated Majarian. “We thank all of our guests, sponsors, participants, sponsors, attendees and participants, but particularly our Board of Directors who worked so very hard to put this beautiful event together namely, Shoghig Yepremian, Felicia Kademian and Garin Kevoian, who lead its organizing committee” said Majarian. “This was a remarkable event, one that we hope to continually grow and build upon as we endeavor to expand the scope, profile and reach of our venerable organization, always striving to increase its sustainability, significance and contributions to and within our City of Pasadena and beyond.”The event was also attended by distinguished group of dignitaries and guests which included: current California State Assemblymember Chris Holden and former State Assemblymember Anthony Portantino, Mayor of the City of Pasadena Terry Tornek, City of Pasadena Councilmembers Margaret McAustin and Gene Masuda, Father Boghos Baltayan St. Sarkis Armenian Apostolic Church in Pasadena, Armenian Cultural Foundation of Pasadena Chairman Sarkis Tatikian, Pasadena Police Chief Philip L. Sanchez, Pasadena Fire Chief Bertral T. Washington, Pasadena Community College Member of Board of Trustees Hoyt Hilsman, Pasadena Unified School District Board of Education President Dr. Elizabeth Pomeroy and Member Roy Vruyr Boulghourjian, PUSD Coordinator of Intervention & Innovative Programs Hoori Chalian, Executive Director of Secondary Education Dr. Marisa Sarian, Phlunte’ Riddle, ANCA Western Region Board Member Raffi Kassabian, Retired Los Angeles County Sheriff Leroy D. Baca, Los Angeles County Assessor Jeffery Prang and Glendale City Clerk, Ardashes Kassakhian.The Armenian National Committee of America – Pasadena Chapter is the oldest, largest and most influential Armenian-American grassroots organization of its kind within the City of Pasadena. Founded in 1982, the Pasadena ANCA advocates for the social, economic, cultural, and political rights of the city’s thriving Armenian-American community and promotes increased civic service and participation at the grassroots and public policy levels. First Heatwave Expected Next Week Make a comment Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Subscribe Your email address will not be published. Required fields are marked * 5 recommended0 commentsShareShareTweetSharePin it Community Newslast_img read more

Comparing Foreclosure Rates

first_img Demand Propels Home Prices Upward 2 days ago Black Knight Foreclosures Homebuyers Homeowners loans mortgage Refinance 2018-11-05 Radhika Ojha Comparing Foreclosure Rates Tagged with: Black Knight Foreclosures Homebuyers Homeowners loans mortgage Refinance Home / Daily Dose / Comparing Foreclosure Rates Previous: MBS Trends Are Changing Next: The Equality Affirmation Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Best Markets For Residential Property Investors 2 days ago About Author: Radhika Ojha in Daily Dose, Featured, Foreclosure, News The national inventory of loans in active foreclosure fell to pre-recession levels for the first time since the financial crisis in September, according to Black Knight’s Mortgage Monitor report that was released on Monday.The report revealed that when today’s foreclosure rates were taken into account along with “the fact that there are 16 percent more active mortgages today than the 2000-2005 average, relatively speaking foreclosure inventory is actually 40,800 below pre-recession norms.” As a result, if the current rate of foreclosure reduction continued, active foreclosure inventory would hit a record low in September 2019 with fewer than 200,000 cases nationwide.The Black Knight report also looked at how the increasing mortgage rates were affecting homebuyers and new homeowners. In September, the report revealed, only 1.86 million mortgage holders had an interest rate incentive to refinance indicating a 56 percent decrease from the start of the year. According to the report an estimated 6.5 million homeowners had missed their opportunity to refinance their mortgages due to rising rates, for an aggregate of $1.5 billion in missed savings per month.”On average, these homeowners had a 22-month window to refinance. All told, that amounts to an aggregate of $1.5 billion in lost savings every month for these borrowers,” said Ben Graboske, EVP of Black Knight’s Data and Analytics Division. “This year alone, 2.2 million borrowers had the opportunity to see a 0.75 percent reduction on their first mortgage rates but did not take advantage of the reduced rates before increases to the 30-year fixed rate removed their incentive.”Homebuyers too were facing an affordability challenge with the median income to make the monthly payment on the average-priced home rising to 23.6 percent compared to the long-term benchmark of 25.1 percent. “The monthly principal and interest payment needed to purchase the average-priced home has seen a $190 per month increase since the beginning of 2018, an 18 percent jump,” Graboske said. Additionally, at the start of 2018, only two states, California and Hawaii, were less affordable than their long-term norms. But by October, the number had risen to 10 states passing that benchmark and another six were within 1 percent of long-term affordability levels.Read the detailed Black Knight Mortgage Monitor report here. Subscribecenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Sign up for DS News Daily Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 5, 2018 3,639 Views Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

BBA to salute veterans with program

first_img Remember America’s heroes on Memorial Day Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel BBA to salute veterans with program Email the author Plans underway for historic Pike County celebration Pike County Sheriff’s Office offering community child ID kits You Might Like Dolce holds grand opening MESSENGER PHOTO | MONA MOORE Jamey McDaniel celebrated the grand opening of his downtown Troy bakery, Dolce, by whipping up… read more Sponsored Content Latest Stories The Brundidge Business Association will honor America’s veterans with a “Salute to Veterans” at 7 p.m. Friday, June 27 at the Knox Ryals Pavilion in downtown Brundidge.The “Salute to Veterans” will kickoff Independence Day weekend in Brundidge that will feature the BBA’s annual Independence Day Parade at 9 a.m. Saturday, June 28.Delatha Mobley, coordinator of the “Salute to Veterans” said the event will include presentations and patriotic music. A candle lighting ceremony will close the “Salute.”“We invite and encourage all of our veterans to join us as we honor them for the service and their sacrifices,” Mobley said. “This is an opportunity for Brundidge and our surrounding communities to let our veterans know how much we appreciate them and what they have done in service to our country.” Published 7:53 pm Thursday, June 19, 2014center_img Mobley said Brundidge has traditionally “saluted” veterans as a part of its annual Independence Day Parade.“Our first ‘Salute to Veterans’ was in 2000 and this is our eighth event,” Mobley said. “Randy Ross, our Veterans Affairs officer, has worked with us to make this a special time for our veterans and their families.”Ross said all veterans deserve a time of recognition and he appreciates the efforts of the BBA to host a special event for them.“We have several veterans’ organizations in Pike County that are advocates for our veterans,” Ross said. “American Legion Post 70 and its Auxiliary, VFW Post 7055, American Legion Post 145, the DAV, Charlie’s Angels and Troy for Troops. As we salute our veterans individually, we also salute these organizations for their strong and continuing support of our veterans.” Troy falls to No. 13 Clemson Skip Print Article The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Book Nook to reopen By Jaine Treadwell By The Penny Hoarder Mobley said all veterans and their families are invited to the “Salute to Veterans.”“The families of our veterans have also made a sacrifice for our country and they are to be recognize as well,” she said. “We also invite our veterans to ride on the BBA’s float in the Independence Day Parade on June 28. Those who would like to ride are asked to call 334-372-1001 and let us know.”The Independence Day Parades celebrates the country’s independence and honors those who fought to win that independence and those who have fought and continue to fight to preserve it.last_img read more

The Brexit effect

first_imgThe post Brexit vote pendulum swings, with more positives and negatives bouncing into the property market every day.Some commentators report that overseas buyers are making a killing on UK property because of exchange rates, while others say that foreign investment is stalling as banks get picky about loans for UK properties – Singapore’s United Overseas Bank has temporarily stopped lending on London properties while others make worried noises.The Bank of England may be pleased that the housing market has slowed, the prediction was that a Leave vote could mean a fall in house prices of 10-18 per cent – again, good news for some, terrible news for others. Developers like Galliard Homes, who allowed buyers get-out clauses in the event of a Leave vote, report that very few had, so far, taken that up.One of the more negative vibes came from Zoopla, saying that the average UK home value will fall by £53,000, from its current level of £297,000 – 18 per cent. Bank of America Merill Lynch put their best guess at a 10 per cent fall, KPMG said five per cent.Dominic Agace (left), CEO of Winkworth says, “We saw this last year with the General Election, with a quieter period in terms of transactions in the lead up to the vote, and so we anticipate a similar effect in the lead up to Referendum. However, the UK and London in particular has always had a draw for foreign investment, not only from Europe but much further afield, and I would expect this to continue whatever the outcome, especially as people come for many reasons including schools and the lifestyle.”Adrian Gill (right), Director of Your Move and Reeds Rains, said, “The Brexit result won’t change the fact that huge numbers of aspiring first-timers want to buy a first home, and lots won’t want to wait out the two years until the renegotiations over the EU have been completed.“In the short-term, the wider market wobbles may benefit first-timers, giving them the leverage to negotiate harder and get a good deal.”post Brexit post Brexit vote property market referendum Bank of England first-time buyers July 3, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 Home » News » Housing Market » The Brexit effect previous nextHousing MarketThe Brexit effectIt’s that ‘turmoil’ word again, as the UK flounders in a mire of political pronouncements and predictions.The Negotiator3rd July 20160530 Viewslast_img read more

Sri Lanka, Indian navies battle fire on board tanker

first_imgThe Panama-flagged oil tanker MT New Diamond, carrying 270,000 tonnes of crude oil, caught fire on September 3 while sailing off Sangamankanda Point. The fire started following an explosion of a boiler in the main engine room of the ship. View post tag: Sri Lanka Navy “Since the spread of fire on this ship has been controlled without allowing it to reach the oil storing areas, there is no risk of oil leakage from the vessel to the sea so far.” One crew member died and the remaining 22 men, who were aboard the ship, have been evacuated. Naida Hakirevic This embedded content is only visible after accepting cookies. Change your preferences Share this article Photo: Sri Lanka Navy September 4, 2020, by Further, Sri Lanka Navy ships SL Sayura, Sindurala and Ranarisi with two fast attack craft continue to conduct disaster relief operations and cool down the fire-stricken vessel. Two anti-submarine vessels of the Russian Federation are also participating in the relief operation. center_img What is more, the Indian Coast Guard ship Shaurya, another coast guard vessel and three Indian Navy ships have been sent to the scene. View post tag: Indian Navy Authorities “Meanwhile, the spread of fire from the superstructure at the rear of the ship towards the crude oil storage facilities has been contained to a greater extent,” the Sri Lanka Navy said. The Sri Lanka Navy and the Indian Navy are jointly working to put out the fire onboard a tanker off the coast of Sri Lanka, assisted by the Sri Lanka Ports Authority, Sri Lanka Airforce and the Indian Coast Guard. An MI 17 helicopter of the Sri Lanka Air Force has been carrying out a number of aerial operations to contain the raging flames by spilling water on the ship. Meanwhile, another craft is conducting periodic air surveillance to spot the spread of fire remaining and render necessary assistance. Back to overview,Home naval-today Sri Lanka, Indian navies battle fire on board tanker off Sri Lanka coast Sri Lanka, Indian navies battle fire on board tanker off Sri Lanka coast Arrangements are being made to tow the ill-fated oil tanker away from the shore towards the deep sea, as soon as the fire onboard gets under control. The distressed vessel lies about 22 nautical miles (35 kilometers) off the coast as of now.last_img read more

State Appeals Ruling For Deaf Litigant Denied Mediation Interpreter

first_imgState Appeals Ruling For Deaf Litigant Denied Mediation InterpreterDave Stafford for WWW.theindianalawyer.comIndiana Attorney General Greg Zoeller’s office has appealed a federal court ruling that found a Marion County court discriminated against a deaf man in violation of the Americans with Disabilities Act when it rejected his request for an American Sign Language interpreter at a court-ordered mediation session during his child custody case.The state in federal court filings Monday asked Judge Jane Magnus-Stinson of the U.S. District Court for the Southern District of Indiana to stay her May 27 order granting partial summary judgment in favor of Dustin King. The state also asked for certification of an interlocutory appeal to the 7th Circuit Court of Appeals.The state “continues to contend for purposes of the legal issue of standing that it designated sufficient evidence from (King’s) deposition showing he has no damages, no injury in fact, and any emotional distress he has experienced is a result of the litigation of this lawsuit, not the underlying claims,” according to its memorandum in support of its motions to appeal.Magnus-Stinson found King has standing to bring the suit under Title II of the ADA, that Marion County’s Modest Means Mediation Program is a program covered under Title II, and that King was discriminated against by the court when he was denied an interpreter. She also ruled against Marion Circuit Court on its sovereign and judicial immunity arguments. She wrote, “Because Marion Circuit Court knew that Mr. King was deaf and required an ASL interpreter for mediation, was advised that he considered the ADA to apply, and it nevertheless denied him an interpreter or a reasonable accommodation, the Court finds that Marion Circuit Court intentionally discriminated against Mr. King.”Magnus-Stinson held that Marion County’s waiving the mediation requirement for King instead of providing an interpreter was not a reasonable accommodation, and that the court acted with deliberate indifference.In appealing the ruling, the state argues, “There is a split among the federal circuits as to the appropriate standard for showing intentional discrimination, which is prerequisite to recovering compensatory damages under the ADA. … The Seventh Circuit has not decided on what the appropriate standard for damages is in this circuit.”The appeal memorandum also argues, “Indiana law supports the fact that private mediation is not a judicial service or a judicial proceeding. The undisputed facts show that private mediation granted through the Marion Circuit Court Modest Means Program is not a state program, service, or activity as defined by Title II. Whether the Court’s Modest Means Mediation Program implicates a fundamental right of access to judicial services … is another contested question of law that will ultimately assist in speeding this litigation toward a conclusion.”While the state appeals the decision, Howard Rosenblum, director of legal services for the National Association for the Deaf, said in an email the King ruling was hardly precedent-setting. “It’s been long established that state courts (like all public entities under Title II of the Americans with Disabilities Act of 1990 as well as any entity receiving federal funds pursuant to the Rehabilitation Act of 1973) must make their programs and services accessible.“Court mediations are clearly a program or service of the court, and in that respect, it is not a case of first impression at all,” Rosenblum said. “Unfortunately, state courts are still unaware of their legal obligations to make their courts as well as related programs and services accessible to deaf and hard of hearing people as well as all people with disabilities,” he said.The case is Dustin King v. Marion Circuit Court, 1:14-cv-1092.FacebookTwitterCopy LinkEmailSharelast_img read more