Virus may reduce total Super Bowl bets, but online to surge

first_imgATLANTIC CITY, N.J. (AP) — Here’s one more thing the coronavirus pandemic has ruined for at least some people: betting on the Super Bowl. The American Gaming Association predicts the number of people planning to make a bet on the big game will decrease this year. That’s because many people still haven’t returned to work settings, where office pools are filled out, and because fewer plan to bet at in-person sports books including casinos and horse tracks. But Tuesday’s report also predicts the rapid growth of legal sports betting in the U.S. should easily smash records in terms of the amount wagered online on the Super Bowl.last_img

‘Concerned About Self-Bonding, Top Federal Mining Regulator Wonders About Collusion’

first_img‘Concerned About Self-Bonding, Top Federal Mining Regulator Wonders About Collusion’ FacebookTwitterLinkedInEmailPrint分享By Benjamin Storrow in the Casper Star Tribune:The top federal mining regulator expressed “grave concerns” with the country’s coal reclamation program on Wednesday and openly questioned whether states and mining firms were colluding to avoid their cleanup obligations.Joe Pizarchik’s comments represent a notable escalation in the debate over self-bonding, or coal companies’ unsecured cleanup liabilities. The director of the U.S. Office of Surface Mining Reclamation and Enforcement has kept a low public profile since questions began to mount last year over mining firms’ ability to pay for reclamation.But in a conference call with reporters Wednesday, Pizarchik said a wave of bankruptcies called the self-bonding program into question. Self-bonded companies are allowed to post their assets as collateral on future reclamation costs, provided they can pass a financial stress test.Two companies, Arch Coal and Peabody Energy, notably retained their self-bonding status in Wyoming right up until they filed for bankruptcy.“People are concerned whether disturbed coal mines will be reclaimed by the bankrupt companies, whether the bankrupt companies will use bankruptcy court proceedings to abandon their legal obligations to restore the land and water, whether the cost to restore the land and water will be shifted to taxpayers, and whether the existing regulations are adequate to protect people, society and the environment from the adverse effects of coal mining, as was envisioned by Congress when it enacted (the Surface Mining and Reclamation Act) nearly 40 years ago,” Pizarchik said.Self-bonding has emerged as a national issue in recent months, as mining firms filed for Chapter 11 and environmentalists voiced concerns about companies’ ability to pay for cleanup.Yet it is arguably most pressing in Wyoming, the country’s top coal mining state, where three bankrupt mining firms have a combined $1.6 billion in self-bonds…..Pizarchik, in his remarks, did not single out any state for criticism. But he did applaud states that have transitioned away from self-bonds.In 2014, Texas required a subsidiary of Luminant Mining to replace $1.01 billion in self-bonds with cash bonds. Colorado regulators last month required Peabody Energy to provide replacement bonding for $27 million in cleanup costs.“Why were the states like Texas and Colorado successful in getting replacement bonds from bankrupt companies, and other states did not,” he said. “Was there any kind of collusion, malfeasance out there? I think the public needs to know the answers to those questions.”Full article: read more

Chesterton investor sells £40m FCUK store

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Coorparoo entry-level home for sale

first_imgDanielle Bowie and her daughter Talullah at their Coorparoo home which is going to auction. Picture: Darren EnglandSIX years ago, Danielle Bowie fell in love with the rusty tin roof covering a worker’s cottage at 9 Rowland St, Coorparoo.It was the catalyst for a major renovation project, unlike any other the architect had embarked on previously.“It was the roof and the form of the house I loved,” Ms Bowie said.“When we first moved in, we gutted it completely.”9 Rowland St, CoorparooMs Bowie, who now works for council as an urban designer, did all the drawings and managed the construction.“Everything is new except the structure but having said that, some of the structure is new too so we kept the form,” she said.“We were thinking of raising it but I didn’t want to alter the proportion.”Completed in 2015, Ms Bowie has enjoyed living in the stylish two-bedroom, one-bathroom home with her active toddler Talullah.Danielle Bowie and her daughter Talullah inside their renovated Coorparoo home. Picture: Darren EnglandMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoA desire for more space and a yearning to start a fresh creative venture is behind the decision to put the property on the market.“I need another project, I’m only working part-time and I need something else to do,” she said.“Somewhere bigger, not the scale of this renovation but more aesthetics.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality LevelsAudio TrackFullscreenThis is a modal window. The Video Cloud video is not playable. Error Code: VIDEO_CLOUD_ERR_NOT_PLAYABLE Session ID: 2020-09-28:74c5dc0737f58eadc27f2d6 Player Element ID: vjs_video_599 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen00:00Remaining in the area is on Ms Bowie’s wish list.“I like how leafy it is and it’s so close to the city,” she said.“It’s got everything but you’re not miles away.”Her fully-fenced 405sq m block is at the end of a cul-de-sac within walking distance to bikeways and parks.9 Rowland St, CoorparooPlace Bulimba’s Shane Hicks described the home as a great “entry-level opportunity”.“It’s a good alternative to buying a unit or townhouse,” he said.According to researcher CoreLogic, the median house price in Coorparoo is $850,000.Only 4km from Brisbane’s CBD, the suburb is popular with young professionals seeking a shorter commute, large apartments and Queenslander-style homes.The on-site auction of 9 Rowland St, Coorparoo is scheduled for 9am today.last_img read more

Friday people roundup

first_imgVBV Group – Andreas Zakostelsky is to join the occupational pension provider as group chief executive, a move first reported by IPE earlier this week. Zakostelsky, an Austrian MP and former head of Valida Group, will assume the new position in April, replacing Karl Timmel, who is retiring after 26 years in the role. Timmel will be replaced as head of VBV Pensionskasse by Gernot Heschl, who joined the board at the beginning of the year, and previously worked for Erste Group Bank and UniCredit/Bank Austria Group.Erste Asset Management – Robert Senz has been appointed head of fixed income. Senz has more than 25 years of experience in fixed income and has worked at Raiffeisen Capital Management, where he was CIO for bonds. The current head, Alexander Fleischer, will take an educational leave at his own request.Pictet Asset Management – Simon Gottelier joins as senior investment manager for the Water strategy from Impax Asset Management, while Peter Lingen joins as senior investment manager to co-manage the Robotics strategy from Swedbank Robur. Christian Roessing joins the thematic equities team from Vontobel Asset Management, and Cyril Benier has been appointed as a senior investment manager in the small-cap equities team, joining from AXA Investment Managers.AXA Investment Managers – The Duy Nguyen has been appointed as a senior portfolio manager. Nguyen will be responsible for managing multi-asset class portfolios within AXA IM’s structured finance team. He joins from Natixis, where he spent five years in the European asset-backed securities and collateralised loan obligations trading team.Sacker & Partners LLP – The UK law firm for pension scheme trustees, employers and providers has strengthened its defined contribution offering with the appointment of Jacqui Reid as an associate director. Reid was previously at Linklaters for 15 years, where she advised trustee and employer clients on defined benefit, DC and hybrid schemes. ATP, PensionDanmark, Skandia, Achmea Investment Management, Actiam, VBV Group, Erste Asset Management, Raiffeisen Capital Management, Pictet Asset Management, AXA Investment Managers, Natixis, Sacker & Partners LLP, LinklatersATP – Lars Gjørret started work on 1 January as property investment manager at ATP Real Estate, within its investment & portfolio unit. He comes to ATP from an eight-year stretch at PensionDanmark, where he was most recently project director specialising in residential developments. ATP said Gjørret’s main responsibility at its property investment division would be to execute the new strategy within residential investments, and that he would also take part in property development generally.Skandia – Per Wahlström, one of the two head directors of Skandia in Denmark, is taking over sole responsibility for the company’s Danish business. The current co-head, Charsten Christensen, is to leave the company in the summer, when he has completed a big strategic project. Wahlström will take on the role of chief executive of Skandia Link Livsforsikring (Life Insurance). Skandia said the change in management was result of its efforts to reduce the number of its Danish legal business entities to two from six. It said the changes it has made in the last three years meant it could now focus on offering unit-link pension products and health-related products.Achmea Investment Management – Jacob de Wit has been appointed chairman of the new asset management division as of 1 February. He is to succeed Hans Snijders, who has been holding the position on an interim basis. De Wit has been executive chairman at asset manager Actiam. Prior to this, he was a member of the executive committee at F&C Asset Management. Achmea Investment Management was established on 1 January after Syntrus Achmea Vermogensbeheer and Achmea Beleggingsfondsen Beheer merged.last_img read more

ESG ‘lacks market standards and best practice’: Austrian National Bank

first_img“Allow the bouquet of ESG to grow first before setting standards, otherwise we could end up with a case of ‘garbage in, garbage out’”Claudio Gligo, CIO, BonusHe added that the OeNB – which runs a €3.1bn portfolio of reserves and buffers – hoped for “further developments” pushed by demand, but it also “believes in the reinforcing effect of regulation”.Standardisation of ESG Partsch was convinced that the standard rating process and the assessment of ESG criteria would merge in the near future.“For investors, the impact is not important but the risk-return profile is,” he said.During a panel discussion at the conference, Claudio Gligo, CIO of the €2.5bn Bonus Group Vorsorgekasse and Pensionskasse, warned against too much standardisation.“Until very recently ESG was still a niche topic and not taken very seriously by many,” he said. It has since reached a different standing and as clients’ awareness of the subject was increasing, hard facts were necessary, Gligo said.However, the CIO warned that too much regulation could mean standardisation at a low quality level. “Allow the bouquet of ESG to grow first before setting standards, otherwise we could end up with a case of ‘garbage in, garbage out’,” he warned.Gligo agreed with Partsch that “any risk analysis not taking ESG factors into account is incomplete”.As the OeNB was part of a global network of national banks, Partsch was able to confirm that there were “strong developments in Asia” regarding ESG topics with Europe being “the frontrunner with its action plan”. However, there was “little interest from North America”, he added. The differences between providers were mainly concerned with how ESG was implemented within company structures, and in the ex-post assessment of ESG issues.“Many areas of sustainable investing are lacking best practice and market standards,” Partsch said. Investors are becoming more aware of the risk elements of environmental, social and governance (ESG) issues, which is increasing their significance, according to Austria’s central bank.Speaking at an industry event in Vienna last week, Franz Partsch, director of the treasury department at the Austrian National Bank (OeNB), said: “We are looking at sustainability from a risk point of view – we do not want to be exposed to ESG risks both because of return as well as reputation.”At the annual summit organised by Barbara Bertolini and aimed at institutional investors from Germany, Austria and Switzerland, the OeNB treasurer called for more standards in ESG investing.“When we tendered an equity mandate last year with an ESG benchmark we saw major differences in the technical implementation of ESG,” Partsch said.last_img read more

Roseau Mayor proposes an increase in environmental levy

first_img Share Share Sharing is caring! 86 Views   6 comments Tweetcenter_img Share LocalNews Roseau Mayor proposes an increase in environmental levy by: – June 21, 2012 Mayor of Roseau, Cecil JosephMayor of Roseau, Cecil Joseph, has proposed that the government should increase the environmental levy tax rate with a view to ensuring that Dominica maintains its “nature isle of the world” slogan.He suggested that this should be increased to $7000.00 per vehicles because reconditioned vehicles produce carbon monoxide, which could be responsible for the increase in heat which has been affecting the country.“My reason for saying that is when we look at the ozone layer, persons are complaining of the increased heat that they are now getting and the depletion of the ozone layer….one of the things that deplete the ozone layer is increase in carbon monoxide. We have a pristine country, a pristine city that we all dub the nature isle and nature does not deal with carbon monoxide because it is a dangerous gas”. Carbon monoxide is an odorless, colorless toxic gas which can threatened the health of individuals when exposed to it.The symptoms of this exposure include headaches, dizziness, disorientation, nausea and fatigue which are often mistaken for the flu. “We have seen an increase number of people complain about migraine headaches, an increased number of people suffering from cancers. If we really take some time off and make research, we can maybe come to a conclusion that it might be because of an increase number of vehicles that we have in Dominica that would give us quite a bit more carbon monoxide”.According to him, many of these reconditioned vehicles were not made for our shores and it might be more a better decision health wise to purchase a new vehicle. He believes that if his suggestion for the increase is implemented, it may lead to a reduction in several illnesses currently affecting the country’s population.“What it would do is make people evaluate between purchasing a new vehicle and a reconditioned vehicle. A reconditioned vehicle has less of life span than that of a new vehicle and I believe that if you’re increasing the cost of the environmental levy, I am almost sure it will bring it close as possible to the cost of a new vehicle”. The government implemented an environmental levy nearly eight years ago on vehicles which were manufactured after 2005. Vehicles less than five years pay a rate of 1% while those older than 5 years pay $3000.00.Dominica Vibes Newslast_img read more

Fire razes 8 houses in Tanza Esperanza

first_img“We are still conducting aninvestigation as to the cause of fire and the total damage,” said Habawel asthis was being written. ILOILO City – Fire gutted eight housesin Barangay Tanza Esperanza, City Proper yesterday afternoon. Four of thesewere totally destroyed. Firemen spray with water this house that fire struck in Barangay Tanza Esperanza, Iloilo City on Sunday, Feb. 23. The fire gutted a total of eight houses , four of which were totally destroyed. IAN PAUL CORDERO/PN Habawel said the firemen’s quickresponse effectively kept the fire from further spreading. The fire started at around 2:45 p.m.Residents initially saw thick smoke billowing from the house of Dennis De Oca,then the fire spread to adjacent houses. Those partially damaged were owned byMayflor Deslate, Ricardo Igpura, Freddie Carial, and Antonio Martinez.center_img No person was injured./PN The eight houses were made of lightmaterials. Habawel did not discount thepossibility that electrical short circuit caused the fire. According to City FireMarshal Chief Inspector Melania Habawel, the houses totally burned wereowned by de Oca, Noel Silubrico, Oliver Rojo, and Nilda Baladja. last_img read more

Zeitner stars at Park Jefferson

first_imgJEFFERSON, S.D. (May 27) – Justin Zeitner prevailed over a star-studded IMCA Modified field in Saturday’s $1,000 to win Clash main event at Park Jefferson Speedway.Zeitner, already on the Fast Shafts All-Star Invitational ballot, tracked down Jay Noteboom, who had won the previous night at Jackson and had a $1,000 bonus riding on him. Zeitner prevailed after a long battle with Noteboom. Josh Most, Ricky Stephan and Kelly Shryock completed the top five.The IMCA RaceSaver Sprint Cars made their inaugural appearance at the track a good one as drivers went green, white, checkered. Colin Smith picked up the feature win over John Lambertz and Kaleb Johnson.Travis Barker picked up the J & J Fitting IMCA Stock Car win to end Elijah Zevenbergen’s perfect streak. Dylan Fitzpatrick finished third.Andy Hoffman led the IMCA Sunoco Hobby Stocks from the pole to the checkers to win a race that shook up the point standings. Despite a couple cautions, Hoffman picked up the feature vic­tory over Kevin Bruck and David Miller.It was top notch racing by Cody Thompson that saw the 4-cylinder graduate bring home a well-deserved checkers in the Schaeffer Oil IMCA Northern SportMods.Thompson’s brother Tyler came from deep in the field to win a clean and green Fox 620 IMCA Sport Compact affair. Thompson wheeled the red number 15 to top honors over David Bates and Jake Newsom.last_img read more

UWF Men’s Golf Wins The McLaughlin Invitational at St. John’s

first_img Share Sept. 22, 2007 Final Stats  FARMINGDALE, NY – The West Florida Men’s Golf team out-shot 17 teams (mostly Division I) to prove that they are one of the top teams in the country. The Argos went into the third round tied with St. John’s and pulled out a two stroke team victory, as Tobias Rosendahl tied St. John’s Mike Ballo Jr. with the best score (-4) in round three. Rosendahl’s final round of 66, put him in second place overall behind teammate Kyle Scott. Scott shot a -2 on the final round (68) to out perform St. John’s second best scorer to help seal the victory.Head Coach Steve Fell was very pleased as he discussed the tournament. “This was a great tournament to play. The course, especially the Greens, was in great shape. The team played really well, and hopefully this is the start of many more wins. This was a good team effort (all five guys). It was the first Collegiate tournament for Tobias (Rosendahl) and he performed very well. This was our second straight tournament that was predominately D-I, and the first tournament (The Hartford in Boston, Mass.) we were short handed and still finished 6th. Our next two tournaments are D-II tournaments and that will help determine if we are one of the top teams in the nation. I really think we are, and there is a chance that this team could be the best I have ever had.”Scott ended the tournament at 10 under par with rounds of 67, 65, and 68. His second round 65 (-5) was the best round of any player in the tournament, and his first round of 67 was the best score of over the first 18 holes. Coach Fell added, “Kyle (Scott) played well, we have three great Freshmen on the team. I’m pretty excited (about our team) and I felt we had a good chance to win this tournament. My expectations for every tournament is to win. Sometimes that might be a little unrealistic, but I believe you have to keep your expectations high.”Overall, Federico Damus finished third best for the Argos and tied for ninth overall with a one over par 211. Matthew Galloway was fourth best finisher for UWF at 214. Kevin Cooper rounded out the scoring for the Argos with a 231.St. John’s was the team leader after round one, with a 4 stroke lead over the Argos. UWF shot four better than the Redstorm in round two, to send the two teams into the third and final round tied for the team lead. The strong third round play of Rosendahl and Scott helped the Argos win the prestigious tournament on the Red Course at Bethpage in Farmingdale, NY. The Argos were selected as a preseason top five team for Division II, and this performance with predominately Division I schools shows that UWF is among the top teams at any level. Print Friendly Version UWF Men’s Golf Wins The McLaughlin Invitational at St. John’slast_img read more