SOUTH BEND, IN – NOVEMBER 12: Head coach Mike Brey of the Notre Dame Fighting Irish watches the action on the floor against the Monmouth Hawks at Purcel Pavilion on November 12, 2012 in South Bend, Indiana. Notre Dame defeated Monmouth 84-57. (Photo by Michael Hickey/Getty Images)Notre Dame closed out the regular season with an 89-75 win over NC State at home. After the game, head coach Mike Brey was in a celebratory mood. Brey asked the team’s two seniors, Austin Burgett and Zach Auguste, to give him a flying hip bump in the locker room. Brey didn’t get much hang time, but Auguste still almost knocked him over. INSIDE THE LOCKER ROOMTHE JUMP – SENIOR STYLESorry, Matt Gregory, but our Z.A. & Burg had to get a chance. pic.twitter.com/dvZgBeD4Oj— Notre Dame MBB (@NDmbb) March 5, 2016Always good to see a coach having fun with his players. If UNC beats Duke later on today, the Fighting Irish will clinch the No. 4 seed in the upcoming ACC Tournament and an automatic double-bye into the quarterfinals.
APTN National News When the Mi’kmaq first asserted their right to fish lobster 14 years ago, they faced racism from other non-Indigenous fishermen and violent clashes with officers with the department of Fisheries and Oceans.A lot has changed since the Marshall decision was handed down by the Supreme Court of Canada.Especially in one busy port near Elsipogtog First Nation in New Brunswick.APTN’s Trina Roache reports.
CALGARY – An oilsands research alliance says it is entering its sixth year focused on finding new ways to reduce the sector’s need for steam, the generation of which leads to almost 80 per cent of its greenhouse gas emissions.Dan Wicklum, CEO of Canada’s Oil Sands Innovation Alliance or COSIA, says generating steam to separate heavy sticky bitumen from the northern Alberta sands in which it’s trapped is responsible for about 56 million tonnes per year of the total of 71 million tonnes of GHGs emitted from the oilsands.Wicklum says COSIA members hope to cut GHG intensity by 10 to 30 per cent over the next five years, while also sharing technologies to lessen the industry’s impacts on land and water and deal with tailings ponds.Canada generates about 1.8 per cent of global greenhouse gas emissions and the oilsands contribute about 9.3 per cent of that total — the Alberta government has set a hard cap of 100 million tonnes per year, which could limit growth in the oilsands unless GHG emissions can be reduced.Stephen Kaufman, general manager for external innovation and regional development for Suncor Energy Inc., says some “game-changing” innovations like the less-GHG-intensive extraction technology in use at its newly opened Fort Hills oilsands mine are only practical to use in a new project.But the company is actively pursuing new technologies including radiofrequency electromagnetic heating and the use of solvents with steam that offer “incremental” environmental benefits as it pursues a goal of reducing GHG emissions per barrel by 30 per cent by 2030.“Steam for us is a huge operating cost,” he said. “It’s often said that an in situ (oilsands) project is really a water treatment and steam generation plant more than an oil-producing plant, in terms of the size of the kit that you need and the ongoing cost to buy natural gas.”
BENTONVILLE, Ark. — Walmart will continue to operate through CVS Health’s pharmacy benefit management commercial and managed Medicaid retail pharmacy networks.Shares of CVS, which have been under pressure since Tuesday when it said it could not come to an agreement with Walmart on pricing, rose more than 2 per cent before the opening bell Friday.Including Walmart, the CVS Caremark national pharmacy network will have nearly 68,000 participating pharmacies for members to choose from, including independently-owned, community-based pharmacies, other local pharmacies in grocery stores and mass merchants and regional and national chains.Walmart Inc. and CVS Health Corp. have an existing agreement for Walmart’s participation in the CVS Caremark Medicare Part D pharmacy network. Walmart’s Sam’s Club also has an existing deal to participate in the CVS Caremark pharmacy networks.The Associated Press
FORT ST. JOHN, B.C. – The B.C. Oil & Gas Commission has issued an order to Coastal GasLink after an investigation determined the company carried out cutting without having an archaeological impact assessment completed.Some of the requests within the order, from the OGC, include that Coastal GasLink submits a post-impact archaeological assessment for review by the Commission of a portion of Section 8 right of way by October 11, 2019, and that they must submit records indicating the implementation of the Pre-Construction Compliance Assurance Process and Procedure on the specific area by October 25, 2019.In August, Coastal GasLink said construction began in a number of places before archaeological assessments were complete. The company said an internal audit found there were two areas along the right of way east of Kitimat where land was cleared before archaeological impact assessments occurred.The Coastal GasLink pipeline inspired global protests when hereditary chiefs of the Wet’suwet’en First Nation said it had no authority without their consent.The company said it had signed agreements with all 20 elected First Nations along the 670-kilometre route to LNG Canada’s export terminal on the coast in Kitimat, including the Wet’suwet’en council.Coastal GasLink does have the opportunity to appeal this order to the Oil and Gas Appeal Tribunal.
Greater Noida: Gautam Buddh Nagar police have arrested a rewarded criminal, carrying bounty of Rs 25, 000 on his head, from Mamura area of Noida on late Thursday night. Police said that the accused was wanted in a gang rape case with a minor girl by Jewar police. According to police, the arrested accused has been identified as Furkan Qureshi, native of Jahangirpur area of Jewar. Cops said that Qureshi, along with his accomplice Nanhe allegedly abducted a girl student from Jewar area in a car after making her consume a drink laced with sedatives, in the month of June last year. The duo of accused kept the girl at a secluded place and gang raped her for a couple of days. Later they let her go and threatened her with death consequences if she tells about the incident to anyone. However, the minor rape victim reached home and narrated her ordeal to parents, following which a case was registered.
New Delhi: The International Cricket Council (ICC) Monday said India was granted permission to wear camouflage military caps in the third ODI against Australia as a tribute to the country’s armed forces, a gesture which Pakistan has objected to. In the third ODI in Ranchi on March 8, the Indian team sported military caps as a mark of respect to the CRPF personnel who were killed in the Pulwama terror attack and donated its match fee to the National Defence Fund. Also Read – Dhoni, Paes spotted playing football together”The BCCI sought permission from the ICC to wear the caps as part of a fundraising drive and in memory of fallen soldiers who have died, which was granted,” ICC’s General Manager Strategic Communications Claire Furlong said. The Pakistan Cricket Board had sent a strongly-worded letter to the ICC, calling for action against India for wearing the caps. “They took permission from ICC for some other purpose and used it to do something else, which is not acceptable,” PCB Chairman Ehsan Mani said on Sunday. Last month, the BCCI had asked the ICC to “sever ties with countries from which terrorism emanates” following the Pulwama attack in which 40 CRPF jawans were killed. The responsibility of the attack was taken by Pakistan-based terror outfit Jaish-e-Mohammed.
“Newborn moose calves aren’t able to run from pets or people on bicycles,” Battle said. “Mothers are likely to stand their ground, even when they hear you coming.” Facebook0TwitterEmailPrintFriendly分享The Alaska Department of Fish and Game is reminding residents of one important thing, a newborn animal found alone in the woods – or even in your backyard – can appear helpless and abandoned. But don’t be fooled. Destitute as those big-eyed babies may seem, a protective mother is almost always nearby. If a moose calf or bear cub is encountered without its mother immediately in view, be alert in case you’ve walked between them. The best course of action is usually to back away and leave from the direction you came. Also, do not assume young animals found alone are orphaned. Mother moose and bears frequently walk out of sight, cache their young, or become separated from them by fences or roads. Sow bears often send cubs up trees to wait before leaving to find food. In nearly all cases, the mothers return to their young. Bicyclists and runners should be especially alert as they can swiftly top hills or round corners and run into moose, bears and other wildlife. Making noise to alert wildlife to your presence is always a good precaution, but may not be enough to avoid clashes with moose cows with calves. Wildlife Biologist Dave Battle says attacks on people and pets by cows aggressively defending calves are reported each spring: “You’ll want to give moose calves plenty of space.” If you observe a young animal that appears to have been left alone for more than 48 hours, contact the nearest Alaska Department of Fish and Game office during regular business hours, or use the department’s smartphone-friendly link to file a report online by visiting http://www.adfg.alaska.gov and clicking the “Report a Wildlife Encounter” button.
WILMINGTON, MA — Below are some of the newest job openings in Wilmington:Full-Time Route Delivery Driver at New England Ice Cream CorporationFull-Time Route Sales Relief Associate at AramarkPart-Time Overnight Associate at Cumberland FarmsFull-Time Packager at Stuffed FoodsFull-Time Warehouse/Delivery Assistant at Kyocera Document Solutions New EnglandFull-Time Groundperson at Asplundh Tree ExpertFull-Time Project Sales Representative (Contract) at Limbach Facility ServicesFull-Time Junior Bookkeeper at New England Carpenters Benefit FundsFull-Time Manufacturing Technician/Inspector at AMETEKPart-Time Preschool Teacher at Mill Brook County Day School(NOTE: Wilmington businesses — Feel free to send me your job postings at firstname.lastname@example.org.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedNOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 60 New Job Openings In Wilmington (Week of July 7, 2019)In “Business”NOW HIRING: 60 New Job Openings In Wilmington (Week of July 14, 2019)In “Business”
Prime minister Sheikh Hasina inaugurates several development works in Lebukhali of Patuakhali on Thursday. Photo: PIDPrime minister Sheikh Hasina on Thursday inaugurated the newly-set up ‘Sheikh Hasina Cantonment’, aiming to strengthen the defence system in the country’s southern region, reports UNB.The prime minister opened the country’s 31st cantonment on the bank of the Payra River at Lebukhali in Dumki upazila of the southwestern coastal district of Patuakhali in the morning by unveiling its plaque.She also hoisted national standard of 11 headquarters and units, including the adhoc headquarters of 7 infantry division.Ministers, parliament members, the chiefs of the three services, diplomats, former chiefs of army and senior government officials were present on the occasion.The new cantonment has been constructed on about 1,400 acres of land.Sheikh Hasina inaugurated 14 development projects and laid the foundation stones of another scheme of Patuakhali district by unveiling their plaques from the same venue.The projects opened by the prime minister are a 50-bed Diabetic Hospital in Patuakhali, Deuli 10-bed Mother and Child Welfare Centre in Mirjaganjupazila, Sabupura 10-bed Mother and Child Welfare Centre in Baufal upazila, the newly constructed dormitory of the Government Shishu Paribar, Kazi AbulKashem Stadium, Dashmina Upazila Muktijoddha Complex Building, the West.Chakmaia Government Primary School-cum-Cyclone Centre under Kalapara upazila,East Dalbuganj Government Primary School-cum-Cyclone Centre in Kalapara,Hogla Government Primary School-cum-Cyclone Centre, Kalapara UpazilaMuktijoddha Complex, Galachipa Muktijoddha Smriti Complex, Digital PublicityScreen at the Office of the Patuakhali Deputy Commissioner and Shaheed SheikhKamal Smriti Complex Auditorium.She also laid the foundation stone of administrative building extension and hall room of Galachipa Upazila Parishad.
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 shutdown of Defy comes after a series of cutbacks and divestitures by the company. This past March, Defy laid off 8% of its workforce, exiting its programmatic advertising and video licensing and syndication businesses. Then in July, the company sold its long-languishing The Escapist video-game website to Canada’s Enthusiast Gaming and also announced a deal with Fandom to sell Screen Junkies, its entertainment news and parody property.Defy Media was formed through the merger of Alloy Digital and Break Media in 2013. Two years ago, the company announced $70 million in funding led by Wellington Management Co. Previous investors include ABS Capital, Lionsgate, Viacom and Zelnick Media Capital.Defy distributed its original programming across more than 25 video platforms, including YouTube, subscription VOD services and TV networks.Defy’s website currently lists seven job openings for its Beverly Hills location, including for a VP of brand and content strategy, a post-production supervisor, and a supervising producer. “Our main focus right now is to find homes for these great brands and people so that they can continue to thrill and delight their millions of viewers with as little interruption as possible,” Defy said in its statement.Ian Hecox, co-founder of comedy group Smosh, said in a tweet Tuesday that the Smosh team is in the process of “finding a new home.”Defy Media’s shutdown “doesn’t mean Smosh is going away,” Hecox wrote. “We’re already in the process of finding a new home and will update you all as soon as we can.” He formed Smosh in 2006 together with his longtime friend Anthony Padilla, who left the group last year to pursue a solo career.Clevver executive producer and host Joslyn Davis posted a similar statement on Twitter saying the lifestyle and pop-culture outlet hopes to land somewhere else. “Making awesome videos for you guys is our number one priority, and we’re hoping to have exciting news to share with you soon!” she tweeted.The official confirmation of Defy’s shuttering came after word earlier Tuesday that the New York-based company was closing its production facility in Beverly Hills and would lay off all employees at the location by the end of the year. Per notices sent to Defy employees, the Beverly Hills office at 8750 Wilshire Blvd. will be closed effective Jan. 2, 2019.The company notified employees of the plans under the requirements of the federal Worker Adjustment and Retraining Notification (WARN) Act and California’s State Worker Adjustment and Retraining Notification Act. The closure of the L.A. office was first reported by Tubefilter.Earlier Tuesday, a staffer who answered the L.A. number for the company said she was unable to provide any info on the closure. Calls placed to the main phone number listed for Defy Media’s New York office were answered with a recorded message: “The Google subscriber you have called is not available.” UPDATED: Defy Media, the digital media company whose brands include Smosh and Clevver, is shutting down operations and laying off its employees.“Regretfully, Defy Media has ceased operations today,” the company said in a statement released Tuesday evening. “We are extremely proud of what we accomplished here at Defy and in particular want to thank all the employees who worked here. We deeply regret the impact that this has had on them today… Unfortunately, market conditions got in the way of us completing our mission.”The company at one point reported having nearly 400 employees. Defy did not confirm its current headcount, which has shrunk in recent months as it pared back the business in the hopes of staying afloat.The company’s in-house studios had produced 75 regularly scheduled shows. It’s not clear what will happen to the Defy brands going forward, but the company indicated it’s seeking buyers or partners for the properties. Defy’s brands, which include Smosh, Smosh Games, Clevver, AWEme, Break and Made Man, have more than 140 million followers across YouTube and social media, according to the company.
(PhysOrg.com) — In information processing, physicists are often in search of ways to turn classical strategies into quantum ones, with the implication that the quantum version is somehow stronger, faster, or more secure than its classical counterpart. However, quantum strategies do not always perform better than classical ones. As a case in point, a new study has compared the strength of classical and quantum correlations in a simple number guessing game and found no difference in performance. Further, the physicists found that a third form of correlations – post-quantum correlations – could outperform both quantum and classical forms. Post-Quantum Correlations: Exploring the Limits of Quantum Nonlocality More information: Mafalda L. Almeida, et al. “Guess Your Neighbor’s Input: A Multipartite Nonlocal Game with No Quantum Advantage.” Physical Review Letters 104, 230404 (2010). DOI: 10.1103/PhysRevLett.104.230404 Copyright 2010 PhysOrg.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of PhysOrg.com. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. In their study, Mafalda Almeida from the ICFO-Institut de Ciencies Fotoniques in Barcelona and coauthors found that classical and quantum correlations performed equally in a game called “Guess Your Neighbor’s Input.” The game involves a group of players in a ring who each receive an input number of either 0 or 1. The point of the game is that each player tries to guess the number of the person to their right. Of course, players are not allowed to know any information about their neighbor’s numbers before guessing, nor to communicate after having received their numbers. In order to win the game, players are allowed to share physical resources, such as classical or quantum correlations. Importantly, all these resources must be “no-signaling”; that is, they cannot enable instantaneous communication.The no-signaling principle is fundamental for physicists dealing with the concept of nonlocality. In nonlocality, one object can influence another object at a distance, such as through entanglement. However, this phenomenon cannot be used to send information faster than light, which prevents a direct conflict with Einstein’s theory of relativity. Nonlocal correlations, which physicists define as those violating a Bell inequality, are important because they serve as a key resource for quantum information processing.However, in the game in this study, the researchers found that players gained no advantage at guessing the correct numbers by using quantum resources compared to classical ones. This makes sense, since it seems that players should require signaling in order to improve their guessing accuracy, and neither quantum nor classical correlations involve signaling.Yet when the physicists looked at what happened when the players use no-signaling correlations (that is, correlations that satisfy the no-signaling principle) that are even stronger than those allowed in quantum mechanics (i.e. they had a higher degree of violation of a Bell inequality), they did find a surprise. No-signaling correlations could actually outperform the quantum and classical correlations, suggesting that quantum correlations obey a stronger version of the no-signaling principle.“Our study highlights a fundamental difference between quantum correlations and certain post-quantum correlations (that is, correlations stronger than those allowed in quantum mechanics, but which nevertheless obey the no-signaling principle),” Nicolas Brunner, coauthor and a physicist at the University of Bristol, told PhysOrg.com. “This is significant because it strongly indicates that quantum correlations could obey a stronger version of the no-signaling principle.”This game is the first that involves entanglement among more than two bits (called “multipartite entanglement”) to identify some of the boundary (or gap) between quantum correlations and the stronger no-signaling correlations. However, the results also raise further questions, such as what kind of physical principle might limit quantum non-local correlations? Why do (theoretical) post-quantum correlations seem to not exist in nature? And if they did exist, could these correlations be used for other information tasks? Right now, these questions are likely a long way from being answered. Citation: Quantum guessing game reveals insight into stronger-than-quantum correlations (2010, June 22) retrieved 18 August 2019 from https://phys.org/news/2010-06-quantum-game-reveals-insight-stronger-than-quantum.html Explore further
Kolkata: In a unique move, the Calcutta Medical College and Hospital (CMCH) is planning to construct a children’s park with all the basic amenities outside the hematology department of the hospital so that children coming to the department with various blood related ailments can spend some quality time with his/her family members there.According to the senior official of the hospital, the construction of the children’s park will begin soon near gate number 1. The matter is already under process. The main purpose behind the idea is to ensure that children who come to the department with rare blood diseases can enjoy at the park. This will reduce the stress of the patients and help them overcome monotonous lives. Also Read – Heavy rain hits traffic, flightsA senior official of the hospital said there would be various amusement rides and games for children. A children’s swing will also be erected inside the park. It was learnt that the proposed children’s park would be situated close to the Hematology ward. This will also be developed as a part of the beautification work taken up inside the hospital campus.Patients suffering from Thalassemia and other blood related problems often visit the hospital for blood transfusion. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedMany others visit the outpatient departments of the hospital. Due to huge pressure of patients, children have to wait in queue for a long time which often becomes monotonous for them. Once the Park is constructed, those children can take a stroll in and around the park, spend some quality time with their parents enjoying the amusement rides which will be installed inside the park. The Park will be illuminated with various colourful lights. There will a big size water reservoir situated under the fountain. There are plans to set up a fountain inside the park as a part of the beautification drive at the hospital. Apart from developing a new one, some renovation works would be done at the existing park. In another significant move, the CMCH authorities have started the installation of an underground fire fighting system to check fire hazards at the hospital.A senior official of the hospital said: “The construction of the children’s park is expected to start later this year. The project will not only beautify the hospital campus but also be the reason of choice for the little children coming to the hospital from the far flung areas.”
<< Previous PostNext Post >> High-profile Los Cabos resort getting new branding with Waldorf Astoria Thursday, June 27, 2019 LOS CABOS — Waldorf Astoria Hotels & Resorts is taking over The Resort at Pedregal and rebranding it as Waldorf Astoria Los Cabos Pedregal.Recently acquired by affiliates of Walton Street Capital Mexico, the luxury resort is set on 24 acres of mountainous beachfront near the Land’s End rock formations and Cabo Marina. The rebranded resort will welcome guests with ‘True Waldorf Service’ starting in Q4 2019.“As the brand’s first property to debut in Mexico, Waldorf Astoria Los Cabos Pedregal showcases the brand’s commitment to expanding our luxury portfolio to some of the world’s most sought after destinations,” said Dino Michael, global head, Waldorf Astoria Hotels & Resorts. “We look forward to combining the resort’s exclusive environment and guest-focused comforts with the brand’s unparalleled commitment to personal service, and together, ensuring our guests have the experience of a lifetime.”Tunnel entrance to The Resort at PedregalInfinity poolAll 115 guestrooms and suites provide ocean views, private plunge pools, and a refined, upscale design inspired by the surrounding area’s natural elements, he adds. The resort features three swimming pools, including an infinity pool flowing into the horizon of the Pacific Ocean, a salt water pool and a children’s pool.At Luna y Mar Spa, guests can select from a variety of organic treatments including herbal detoxes and rose-crystal lymphatic facials. The spa also offers a wellness grotto with local herbal remedies, steam rooms, saunas, ice rooms, whirlpools and a salt-water meditation pool. Fitness classes include Pilates and yoga, all with an oceanfront view.More news: Kory Sterling is TL Network Canada’s new Sales Manager CanadaFor dining, the resort’s signature restaurant, Don Manuel’s, uses ingredients sourced locally and regionally to serve up authentic dishes within a Mexican hacienda. The Cliffside El Farallon offers an ocean-to-table menu developed by a culinary team that guides foodies in selecting side dish and wine pairings against the sound of crashing waves. Crudo, in the centre of the pool bar, incorporates local flavors into casual fare including a variety of fresh ceviche and sushi for light midday meals. There’s also the Beach Club, popular for its freshly caught fish and crisps, spiced pork belly buns and braised Angus brisket tacos.Guests can also arrange for a private chef in the comfort of their suites for personalized meals on their terraces or indulge in handcrafted cocktails from one of the resort’s on-demand cocktail carts available throughout the property.Aerial view of The Resort at PedregalThe resort celebrates its 10th anniversary this year.“We are incredibly excited to partner with Walton Street Capital Mexico to bring the first Waldorf Astoria to Mexico,” said Juan Corvinos, VP, development, Latin America and the Caribbean, Hilton. “Los Cabos – a vibrant, dynamic and truly luxury destination that draws travelers from all over the world – is the perfect market for our iconic Waldorf Astoria brand, and will be a significant addition to the nearly 70 Hilton properties already in Mexico.”More news: Marriott Int’l announces 5 new all-inclusive resorts in D.R. & MexicoCelebrating its 100th anniversary this year, Hilton currently has a portfolio of nearly 150 hotels and resorts across 25 countries in the Caribbean and Latin America, including nearly 70 in Mexico. The company is actively pursuing additional growth opportunities in the Caribbean and Latin America, and has a robust pipeline of nearly 90 hotels throughout the region, including 30 projects in Mexico.“We are proud to own one of Mexico’s most iconic luxury resorts and look forward to uniting this stunning hotel with Waldorf Astoria’s intuitive service culture and unforgettable experiences,” said Federico Martin del Campo, CEO of Walton Street Capital Mexico. “Our guests have come to expect the very best from our properties and we are delighted to join with Waldorf Astoria to implement their unique standards of luxury service. Along with the Conrad Punta de Mita (opening 2020) and the Hilton Los Cabos Beach & Golf Resort, this represents our third resort project in Mexico with Hilton, further solidifying our partnership with Hilton for many years to come.” Share Travelweek Group Tags: Los Cabos, Pedregal Waldorf Astoria Posted by
The dollar index opened at the 81.40 mark…and closed around 81.53. The low of 81.24 came just before 8:00 a.m. Eastern time. There was a big 50 point intraday move in less than an hour during the New York lunch hour…and I guess that would partially explain some of the price moves in gold and silver during that time period…but it certainly doesn’t explain all of it. And it certainly doesn’t explain some of the price patterns in the other two precious metals, either.The gold stocks gapped down at the open…and hit their low of the day at the low price tick for gold at 12:40 a.m. Eastern time. Then they blasted into positive territory from there, but couldn’t hold those gains once the sell-off began after the 2:20 p.m. high tick in gold was in. Still, the HUI only finished down 0.82%…which isn’t too bad, all things considered.It was mostly down for the silver stocks yesterday…but I did have a decent number of green arrows mixed amongst the red ones. Nick Laird’s Silver Sentiment Index actually closed up a hair…0.09%.The CME Daily Delivery Report showed that 42 gold contracts were posted for delivery on Friday.There were no reported changes in either GLD or SLV…and the U.S. Mint didn’t have a sales report, either.The Comex-approved depositories reported that 543,869 troy ounces of silver were added on Tuesday…and only 1,004 ounces were withdrawn. The link to that action is here.As usual, The Central Bank of the Russian Federation updated their website yesterday. It showed that they had added another 500,000 ounces of gold to their reported reserves in May…which now sit at 29.3 million troy ounces of fine gold. The excellent chart below is courtesy of Nick Laird, for which I thank him on our behalf.(Click on image to enlarge)I have more than the usual number of stories for a midweek column…and I hope you have to time to read the ones that interest you.It is clear that China intends to be the world center for buying and selling gold…The plus in all this for Americans is that the price of gold will be out of the grip and manipulations of the Federal Reserve and the Comex. – Richard Russell, 20 June 2012Well, it was certainly a different day yesterday. I suppose that it’s possible that it was entirely free-market forces at work in all the precious metals on Wednesday. But if I had to bet a ten spot…that’s not the way I would bet it.Of course, all this had to happen on a Wednesday…and none of that price action will be in tomorrow’s Commitment of Traders Report. We’ll have to wait until the COT report on the 29th to get some idea of what may, or may not, have transpired.Yesterday at this time I was mentioning that silver had not been allowed over the $29 spot mark for several weeks running. Twenty-four hours later in Far East trading on their Thursday, silver is now a hair under the $28 mark. Here’s the 1-year silver chart…(Click on image to enlarge)You may have also noticed that gold ‘failed’ in its attempt to break solidly above its 50-day moving average. Here’s the 1-year chart for gold…(Click on image to enlarge)I’d be happy to bet a fair amount of money that this price action is not accidental…and where we go from here is a big unknown, at least to you and I. But I’d guess that JPMorgan et al have a much clearer picture, since they’re running this precious metals show. As a matter of fact, the two above charts were painted by JPMorgan. They haven’t signed them per se, but their footprints are everywhere…and you don’t even have to look that closely to fnd them.In Far East trading on their Thursday, the gold price dipped below the $1,600 mark on a few occasions…and about thirty minutes into the London trading day, the gold price is hanging onto that round number by its fingernails. Silver tried to rise above the $28 spot price…but obviously ran into the same sellers that prevented it from rising above the $29 spot price mark. Gold’s net volume is pretty light for this time of day…3:37 a.m. Eastern time…and silver’s net volume is more elevated, as the roll-overs out of the July delivery month gather momentum. The dollar index isn’t doing a thing.As I hit the ‘send’ button at 4:21 a.m. Eastern time, I note that gold has now slipped below the $1,600 price mark…and is down about eleven dollars from Wednesday’s close in New York. Silver is now down 42 cents from yesterday’s close…and was down well over 50 cents at one point. The dollar index is up about 20 basis points in the last hour or so, but doesn’t explain the magnitude of the sell off, as the metals were declining long before the dollar index showed any signs of life to the upside.And as I said in this space yesterday, most of the relevant price action would occur during the Comex trading session on Wednesday…and that certainly turned out to be the case. And unless something out of the ordinary develops during the morning trading session in London, I expect the same again today.I’m off to bed. I hope your Thursday goes well…and I’ll see you here tomorrow. The China CatastropheChina is about to make an announcement that will shake the world to its foundations – and that will destroy everything you’ve ever worked for.So says a renowned financial journalist on assignment in Asia – and the crazy thing is, he’s famous for being right. He was one of the few to warn of the great tech stock meltdown of 2000 … the housing and banking bust of 2007 … and the recent boom in gold and commodity prices.Is he right again? Watch this shocking video for free and judge for yourself. Of course, all this had to happen on a Wednesday…and none of that price action will be in tomorrow’s Commitment of Traders Report.The gold price did nothing during the Far East trading day on their Wednesday…and this sideways price action lasted until a few minutes before 10:00 a.m. in London. At that point the engineered price decline began, with the most egregious part of the take-down coming during the New York lunch hour…around 12:40 p.m.This turned out to be the low price tick of the day…$1,589.20 spot. From that low a $30 short covering rally commenced. This rally lasted for about thirty minutes…and from there the gold price traded sideways into the close of Comex trading at 1:30 p.m. Eastern time. Gold’s New York high tick of the day [$1,622.20 spot] came around 2:20 p.m…and from that high, the gold price got sold down $16 into the close of electronic trading.Gold finished the Wednesday session at $1,606.80 spot…down $11.10 from Tuesday’s close. Net volume was an enormous 205,000 contracts.But, as always, it was silver that drew the short straw once again yesterday. I’m not even going to bother calling the price action, as it’s more than visible on the Kitco chart below…and little of the New York action had anything to do with free markets.From its New York high of $28.76 spot…to its low of $27.60 spot, silver had an intraday price move of $1.16…4.03%…in less than ninety minutes.By the time the dust had settled, silver closed at $28.12 spot…down 30 cents from Tuesday. Net volume was a very chunky 45,000 contracts.Here are the charts for platinum and palladium, so you can see that the price shenanigans didn’t just occur in gold and silver. Sponsor Advertisement
With the FOMC minutes out on Wednesday, it was a fairly wild day in US markets. First, the S&P 500 jumped to 1,687, only to retreat to the 1,654 territory by the close. The headlines were almost comical throughout the day. In the first half, they announced, “Stocks Rise on Fed Comments.” By the end of the day, the same news sources proclaimed, “Stocks Fall on Fed Comments.” So what did the Fed minutes actually say? Apparently a lot of people are confused out there. There’s good reason for the confusion. Essentially, the Fed said that it will continue to play things by ear. If the economy starts doing better, it will start to scale back on the stimulus. If it gets worse, the stimulus will continue. In a way, that statement bolsters any point of view. If one sees the glass as half full, then this means the Fed could stop the stimulus early, as things are going pretty well. If one sees the glass as half empty, it means the Fed will keep stimulating the economy. Here’s a key part of the FOMC minutes: “A number of participants expressed willingness to adjust the flow of purchases downward as early as the June meeting if the economic information received by that time showed evidence of sufficiently strong and sustained growth; however, views differed about what evidence would be necessary and the likelihood of that outcome. One participant preferred to begin decreasing the rate of purchases immediately, while another participant preferred to add more monetary accommodation at the current meeting …. Most participants emphasized that it was important for the Committee to be prepared to adjust the pace of its purchases up or down as needed.” Notice the lack of a clear message here. Some members suggested pulling back in June. One person says to add more stimulus now, but another says to stop it immediately, while others can’t agree on the evidence necessary to make a decision. The market is confused, but can you really blame traders with a Fed statement like that? Your reaction to the Fed minutes depends more on whether you’re an optimist or pessimist, rather than the language itself. Let’s take a look at a few more parts of the FOMC minutes worth noting. Again, there were issues involving a bond bubble: “At this meeting, a few participants expressed concern that conditions in certain U.S. financial markets were becoming too buoyant, pointing to the elevated issuance of bonds by lower-credit-quality firms or of bonds with fewer restrictions on collateral and payment terms (so-called covenant-lite bonds). One participant cautioned that the emergence of financial imbalances could prove difficult for regulators to identify and address, and that it would be appropriate to adjust monetary policy to help guard against risks to financial stability.” What does the Fed mean here? First, consider the problem at hand. As the minutes note, this is a situation where regulators have difficulty addressing the issue, and monetary policy could provide assistance. If I’m offering a junk bond for a very low yield, regulators can’t really do anything about that. Prices are set by markets, which are heavily influenced by the Fed’s low rate policy. As yield seekers search for yield in this environment, they’re taking more risks with junk bonds but are getting less compensation and safeguards through lower yields and weaker bond covenants. What the minutes are saying is that maybe the Fed should start raising interest rates to deter investors from those bonds. Obviously, regulators can’t force rates up nor encourage more prudence with junk bonds – only the Fed can influence markets in such a direct manner. While on the subject of low interest rates and yield seekers, the FOMC members also had a debate sure to infuriate anyone collecting ultra-low yields at the moment. See their view on inflation (all emphasis mine): “Accordingly, participants generally continued to expect that inflation would move closer to the 2 percent objective over the medium run. Nonetheless, a number of participants expressed concern that inflation was below the Committee’s target and stressed that future price developments bore careful watching. … A couple of participants expressed the view that an additional monetary policy response might be warranted should inflation fall further. It was also pointed out that, even absent further disinflation, continued low inflation might pose a threat to the economic recovery by, for example, raising debt burdens.“ In short, some of the participants think that inflation should be higher. In fact, they wouldn’t mind further monetary expansion to make it so. And if inflation rises while yields remain low, savers basically get creamed. But who cares about savers, right? Certainly not the Fed – but it does care about debtors. The minutes note that low inflation poses a threat by “raising debt burdens.” Since higher inflation helps consumers and businesses inflate away their debts, the Fed essentially wants to help debtors at the expense of savors, which seems the opposite of common sense: one should be rewarded for saving and thrift, rather than spending and debt. In summary, these weren’t the most earth-shattering FOMC minutes in the world. We basically received more affirmation of what was already known – the Fed will play it by ear and at this point, it’s willing to either push for more stimulus or withdraw it. The ultimate outcome depends on an uncertain future.
Reporter This story originally appeared on PCMag February 2, 2017 2 min read –shares For Facebook, the move is all about bringing in more advertising revenue. Angela Moscaritolo Facebook Developing New Streaming Video App for TVs Add to Queue 2019 Entrepreneur 360 List Next Article Image credit: JaysonPhotography / Shutterstock.com There’s no shortage of streaming apps available for your TV today, but soon there may be a new one from Facebook.The Wall Street Journal, citing unnamed sources, on Tuesday evening reported that Facebook is developing a “video-centric” app for set-top boxes such as Apple TV. The report notes that Facebook is in talks with media companies to license “TV-quality programming,” which it might distribute via the app as a premium feature. Most of the video content on Facebook today consists of short clips. This new content would be longer — around 10 minutes — and similar to the stuff you’d see on TV. “Content could include scripted shows and sports and entertainment content created specifically for the platform,” the Journal reported, citing “media executives familiar with the discussions.”For Facebook, the move is all about bringing in more advertising revenue. With News Feeds already cluttered with ads, Facebook needs somewhere new to put them, so it’s turning to home TVs, the report notes.The social network has been mulling this idea “for years,” but started putting plans in motion last summer, the Journal said. Unlike Facebook’s existing Roku app, which lets you view photos and videos, this new one would be exclusively for video content. There’s no word as to when this product might reach living rooms.Meanwhile on the streaming front, Comcast yesterday released a beta version of its Xfinity TV app for Roku devices. The app basically turns your Roku into a cable box for a second TV in your home. During the beta phase, you’ll need to have at least one Comcast-provided TV box in your home, but the Roku app will let you get live and on-demand cable content on a second TV. Ditching the box doesn’t mean ditching the fee, though. “On conclusion of the trial, you will be informed of the charges that will apply for connecting this device with your Xfinity TV service and will have the opportunity to opt in,” according to a Comcast FAQ. The only list that measures privately-held company performance across multiple dimensions—not just revenue. Facebook Apply Now »
Guest Writer 10 Ways to Keep IT Systems Secure Use these tips to protect your business from hackers, crooks and identity thieves. Next Article Futurist and Trends Expert Scott Steinberg Opinions expressed by Entrepreneur contributors are their own. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Add to Queue Technology continues to be a boon for entrepreneurs, offering increased mobility, productivity and ROI at shrinking expense. But as useful as modern innovations such as smartphones, tablet PCs and cloud computing are to small businesses, they also present growing security concerns. Following are 10 safety tips to help you guard against high-tech failure:1. Protect with passwords. This may seem like a no-brainer, but many cyber attacks succeed precisely because of weak password protocols. Access to all equipment, wireless networks and sensitive data should be guarded with unique user names and passwords keyed to specific individuals. The strongest passwords contain numbers, letters and symbols, and aren’t based on commonplace words, standard dictionary terms or easy-to-guess dates such as birthdays. Each user should further have a unique password wherever it appears on a device or network. If you create a master document containing all user passcodes, be sure to encrypt it with its own passcode and store it in a secure place.2. Design safe systems. Reduce exposure to hackers and thieves by limiting access to your technology infrastructure. Minimize points of failure by eliminating unnecessary access to hardware and software, and restricting individual users’ and systems’ privileges only to needed equipment and programs. Whenever possible, minimize the scope of potential damage to your networks by using a unique set of email addresses, logins, servers and domain names for each user, work group or department as well.Related: How Small-Business Owners Can Award Against Online Security Threats3. Conduct screening and background checks. While rogue hackers get most of the press, the majority of unauthorized intrusions occur from inside network firewalls. Screen all prospective employees from the mailroom to the executive suite. Beyond simply calling references, be certain to research their credibility as well. An initial trial period, during which access to sensitive data is either prohibited or limited, is also recommended. And it wouldn’t hurt to monitor new employees for suspicious network activity.4. Provide basic training. Countless security breaches occur as a result of human error or carelessness. You can help build a corporate culture that emphasizes computer security through training programs that warn of the risks of sloppy password practices and the careless use of networks, programs and devices. All security measures, from basic document-disposal procedures to protocols for handling lost passwords, should be second-nature to members of your organization.5. Avoid unknown email attachments. Never, ever click on unsolicited email attachments, which can contain viruses, Trojan programs or computer worms. Before opening them, always contact the sender to confirm message contents. If you’re unfamiliar with the source, it’s always best to err on the side of caution by deleting the message, then potentially blocking the sender’s account and warning others to do the same.6. Hang up and call back. So-called “social engineers,” or cons with a gift for gab, often prey on unsuspecting victims by pretending to be someone they’re not. If a purported representative from the bank or strategic partner seeking sensitive data calls, always end the call and hang up. Then dial your direct contact at that organization, or one of its public numbers to confirm the call was legitimate. Never try to verify suspicious calls with a number provided by the caller.7. Think before clicking. Phishing scams operate by sending innocent-looking emails from apparently trusted sources asking for usernames, passwords or personal information. Some scam artists even create fake Web sites that encourage potential victims from inputting the data themselves. Always go directly to a company’s known Internet address or pick up the phone before providing such info or clicking on suspicious links.Related: Seven Steps to Get Your Business Ready for the Big One8. Use a virus scanner, and keep all software up-to-date. Whether working at home or on an office network, it pays to install basic virus scanning capability on your PC. Many network providers now offer such applications for free. Keeping software of all types up to date is also imperative, including scheduling regular downloads of security updates, which help guard against new viruses and variations of old threats.9. Keep sensitive data out of the cloud. Cloud computing offers businesses many benefits and cost savings. But such services also could pose additional threats as data are housed on remote servers operated by third parties who may have their own security issues. With many cloud-based services still in their infancy, it’s prudent to keep your most confidential data on your own networks.10. Stay paranoid. Shred everything, including documents with corporate names, addresses and other information, including the logos of vendors and banks you deal with. Never leave sensitive reports out on your desk or otherwise accessible for any sustained period of time, let alone overnight. Change passwords regularly and often, especially if you’ve shared them with an associate. It may seem obsessive, but a healthy dose of paranoia could prevent a major data breach.The average cost to an organization to recover from such a breach is $6.75 million, according to Javelin Strategy & Research. And that doesn’t count damage to your reputation or relationships. So be proactive and diligent about prevention. An ounce far outweighs a pound of cure.Related: Data Backup and Storage: Should You Stay Local or Go Online? Fireside Chat | July 25: Three Surprising Ways to Build Your Brand 5 min read July 7, 2011 Project Grow –shares Enroll Now for $5
Facebook Facebook Inc. has quietly debuted a feature that helps users find local businesses based on customer reviews, bringing it in direct competition with similar services from Yelp Inc. and Angie’s List Inc.The service has been operational on the social-networking site since last month, is available globally and can be accessed even without a Facebook account.”We’re in the early stages of testing a way for people to easily find more Pages for the services they’re interested in,” Facebook spokesman Mike Manning said.Facebook allows businesses to create profile pages on its site and these pages have a section where users can post and read reviews.Companies such as Yelp and Angie’s List are known for similar services that allow users to find and rate restaurants and a variety of other businesses.Facebook’s shares closed little changed at $104.55 on Tuesday. Yelp’s shares ended down 9.1 percent at $26.88, while Angie’s shares finished up 1.7 percent at $9.24.The Facebook webpage for the new feature reads “Find local businesses with the best Facebook reviews and ratings” and can be accessed through the URL, www.facebook.com/services.The feature was first reported on tech blogs Search Engine Land and acodez.(Reporting by Sai Sachin R in Bengaluru; Editing by Sriraj Kalluvila and Savio D’Souza) Facebook Testing New Search Tool That Sorts Businesses Based on Reviews –shares Next Article This story originally appeared on Reuters Register Now » Add to Queue Learn how to successfully navigate family business dynamics and build businesses that excel. 2 min read Free Webinar | July 31: Secrets to Running a Successful Family Business Reuters December 16, 2015
Published on West Bengal COMMENT SHARE SHARE EMAIL The Bengal unit of the Congress and its national leadership have again taken contradictory stands on Mamata Banerjee’s sit-in demonstration at Kolkata’s City Centre.For the second time in less than a month, the Congress’ State unit has contradicted its high command. The last time the two were at loggerheads was when the Trinamool Congress organised an anti-BJP rally. Bone of contentionWest Bengal Chief Minister Mamata Banerjee began an agitation on Sunday evening after an unprecedented showdown between CBI officials and the State police force over the questioning of Kolkata Police Commissioner, Rajeev Kumar, in relation to a multi-crore Ponzi scam. Banerjee has since then been on a “satyagraha” to “save democracy”.Immediately after the Chief Minister launched an agitation, Congress MP and former Bengal unit President Adhir Ranjan Chowdhury criticised the move, calling it a “drama”.This contrasted sharply with the Central leadership’s stand: Congress President Rahul Gandhi not (only) called up Banerjee but also lent his support to the protest.Taking to social media, Gandhi tweeted: “Spoke with Mamata Di tonight & told her we stand shoulder-to-shoulder with her. The happenings in Bengal are a part of the unrelenting attack on India’s institutions by Mr Modi & the BJP. The entire Opposition will stand together & defeat these fascist forces.”Congress leader Ahmed Patel is said to have called up Banerjee “three-to-four times” to express support.Despite all this, Bengal Congress unit President Somen Mitra, in a press conference on Monday, questioned why the Kolkata Police Commissioner was skipping enquiries by the CBI.“If he (Kumar) is not in the wrong, why is he avoiding the CBI,” Mitra asked, adding that the Bengal unit would oppose “the TMC government and the BJP”.Banerjee dismissed the matter as Congress’ “internal matter”.Principal opposition The Congress is the principal Opposition to the ruling TMC in the West Bengal Legislative Assembly with 25-odd MLAs. Although it started with 41-odd MLAs in 2016, subsequent defections to the TMC whittled the number down. Steps towards initiating a CBI investigation into the multi-crore Ponzi scheme scam — which has now become the bone of contention between Banerjee and the BJP — were initiated after Congress leader Abdul Mannan went to the court calling for an impartial probe.Against this background, the State unit of the Congress is finding it difficult to explain the dual stand to its workers and voters.The repeated court appearance of Abhishek Manu Singhvi, a leading advocate and Congress Rajya Sabha MP from Bengal, on behalf of the State government has also not been seen in good light by the State leadership.Said a senior leader from the State unit of the party: “People supporting Mamata are worried about the national politics. But, we have to worry about the voters here in Bengal.”BJP pitches-inUnion Minister, Ravi Shankar Prasad endorsed Congress MP Adhir’s consistent stand on the matter.The party dug up old tweets of Rahul Gandhi to point out his ‘U-turn’. A video in this regard was also circulated by Union Minister Kiren Rijiju.“Diagnosed: Multiple Personality Disorder …. there is trouble remembering certain events, beyond ordinary forgetfulness,” the BJP tweeted carrying a collage of Rahul Gandhi’s previous statements. While Rahul lends support to Didi, the State unit dubs the agitation a ‘drama’ COMMENTS politics SHARE February 05, 2019