NEW YORK, N.Y. – A private equity firm emerged Tuesday as the winning bidder for the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein.The Weinstein Co. announced in a statement that no other bidder made a better offer than Dallas-based Lantern Capital, which made a “stalking-horse” bid last month to pay $310 million in cash for the Weinstein Co.’s assets. The emergence of another qualified bidder would have triggered an auction leading to higher sale price.The sale is subject to approval by a Delaware bankruptcy court, which has set a sale hearing for next week. The sale faces numerous objections that must be resolved, some from actors including Jennifer Lawrence, Meryl Streep and Brad Pitt, who claim they are owed profit participation from projects.The Weinstein Co. filed for bankruptcy in March, succumbing to a fate it had tried to avoid since the scandal that forced Harvey Weinstein’s ouster as CEO in October. Some 80 women, including prominent actresses, have accused Harvey Weinstein of misconduct ranging from rape to harassment.The New York company’s primary assets are a lucrative 277-film library, a television production business, and an unreleased film portfolio that includes four distribution-ready films and other projects in various stages of development.Lantern also has agreed to assume about $125 million in project-related debt and to cover obligations related to the assumption of certain contracts and leases.“We are honoured by the board’s recognition and acceptance of Lantern’s planned acquisition,” Lantern said in statement.The company said it was “committed to providing premier content with a diverse workforce and a safe environment founded on a culture of respect and creativity.”In a last-minute twist, a company formed by Broadway producer Howard Kagan made an offer Tuesday, asking for an extension to complete due diligence. But the Weinstein Co. declined to consider the bid, saying it lacked “a purchase agreement, a financing commitment, a deposit, or a number of other requirements for a qualified bid.”Kagan’s offer had the support of five women who have filed a class action lawsuit against Harvey Weinstein. In a statement, the plaintiffs said they opposed the sale to Lantern because it contained no guarantee of a settlement fund for Weinstein’s accusers.In a letter, Kagan outlined a plan that would have included $25 million, along with 4 per cent of the equity of the company, for a fund for Weinstein’s accusers. He also proposed a cash payment of $5 million plus 1 per cent of the equity in the new company for employees and former employees with claims against Weinstein.“What really should happen here is that the company should be sold in a way that the victims are taken care of,” Kagan told The Associated Press.Kagan, a former hedge fund manager-turned-Broadway-producer, often works alongside his wife, Janet. They won Tony Awards for the 2013 revival of “Pippen” and the 2012 revival of “Porgy and Bess.” Their most recent foray onto Broadway ended disastrously. Having taken “Natasha, Pierre and The Great Comet of 1812” to Broadway with Josh Groban, the Kagans faced criticism over how they handled replacing the pop singer.Lantern has been in talks for months about acquiring The Weinstein Co. It had been part a group of investors led by businesswoman Maria Contreras-Sweet that had been involved in long and ultimately unsuccessful negotiations to buy the company.New York Attorney General Eric Schneiderman, who has filed a lawsuit on behalf of the Weinstein Co.’s employees, had urged any bidders for the company to include compensation for the victims.“From the start, we’ve underscored the importance of adequately compensating victims, protecting current employees, and ensuring that wrongdoers are not rewarded,” said Amy Spitalnick, a spokeswoman for Schneiderman’s office. “We’ll continue to push for those critical goals.”
TORONTO — Canadian egg farmers say they’ll meet restaurants’ growing demand for cage-free eggs even though conventional housing for hens will account for more than half of production for at least eight more years.Egg Farmers of Canada announced Friday that its members, representing more than 1,000 farms, will supply more than half of their eggs from hens in conventional housing until 2024 and won’t shift completely to other types until 2036.One critic of the currently predominant type of caged housing said Friday that the egg farmers may not be changing quickly enough but an Egg Farmer Canada spokesman said supplies of cage-free eggs will be able to meet demand.Sayara Thurston, campaign manager for Human Society International’s Canadian chapter, said restaurants and other companies “have made clear that the shift … must happen in four to nine years, not two decades from now.”Promises to go cage-free by 2020 have been made by Cara Foods (Harvey’s, Swiss Chalet, Kelsey’s, East Side Mario’s and other Canadian chains), Starbucks, Wendy’s (for it’s Canadian and American restaurants) and Arby’s (for its U.S. locations).McDonald’s plans to do the same at its Canadian and American locations by 2025, the same year that Restaurant Brands International (Tim Hortons and Burger King) will do so at its Canadian, U.S., and Mexican locations.McDonald’s Canada moves to serve free-run eggs in its restaurants amid mounting consumer pressureTim Hortons and Burger King promise to serve cage-free eggs by 2025“Most of those timelines will be met,” responded Roger Pelissero, first vice-chair of the Egg Farmers of Canada.These restaurants don’t account for the majority of demand for eggs in Canada, he said, adding that a chain like McDonald’s represents a demand for about five per cent of the country’s egg production.Pelissero said that makes it likely the restaurants will be able to obtain enough cage-free eggs, as farms gradually shift to alternative housing, without requiring changes to either industry’s time lines.He said the major demand comes from Canadian consumers who buy eggs at grocery stores.Most retailers still want to offer shoppers a choice between eggs from hens living in enriched cages as well as without cages (free-run or free-range).Enriched cages house dozens of chickens — rather than about four to eight birds in conventional housing — and provide space and amenities such as like perches, for the animals to exhibit natural behaviours.The farmer organization, as well as some researchers, believe enriched cages offer animal welfare and farmer health benefits.
The co-founder of a small Quebec company says he’s excited about being asked by Elon Musk’s SpaceX to design and develop creeper seats to help workers inspect the California-based aerospace manufacturer’s Falcon 9 rockets.“They’ve asked us to develop something that would look cool and that of course would be efficient,” Erik Sieb of Creepex Inc. said in an interview.The Quebec City-based company is preparing to ship its specially designed under rocket mobility seats that will allow engineers to work comfortably under the belly of the rockets.Ottawa’s bet on low earth orbit satellites a ‘positive step’ for rural internet: industryMoon to get its own 4G mobile network next year via SpaceX rocketCreepex was approached about 18 months ago by a SpaceX engineer.It initially tried to use a system already in its portfolio, but was asked by SpaceX to develop a device with a powered back rest that could recline to a flat position that also had places to hold tools.The new device will also be able to operate higher off the ground than is typically used to work under a truck.After visiting the SpaceX facility, Sieb said the company took the request as a challenge.SpaceX marked the 50th launch of a Falcon 9 rocket earlier this month.Sieb said SpaceX warned that the few devices it will order likely won’t be enough to cover the research and development. Each unit will likely sell for less than $5,000. “But we thought it’s too cool to not give it a try,” he said.Sieb, who described himself as a huge Elon Musk fan, said there was an energy at the SpaceX facility that’s incomparable and exciting.“I listen to everything he does, everything he says. It’s interesting the way he thinks,” he said of Musk.SpaceX didn’t immediately respond to a request for comment.Sieb said some of the attributes it developed for SpaceX will probably find their way on to new devices.Creepex was founded in 2011 by Sieb and Andre Wagner.The company designs, manufactures and distributes creepers for garage mechanics that are made in China. Sieb said the SpaceX device will be designed and built in Quebec City.
OSU defensive line coach Larry Johnson runs drills with players during spring practice March 20 at the Woody Hayes Athletic Center. Credit: Mark Batke / For The LanternSpring is said to be a season of new beginnings, and that is the perfect way to describe the Ohio State football team as it continues through spring practice.Many new faces are gracing the field this spring and some of those might even be called upon right away to suit up on fall Saturdays in Ohio Stadium.Even though players are traditionally grouped together on first and second teams, co-defensive coordinator and safeties coach Chris Ash said no position on defense is set in stone.“They are all competing,” Ash said of his defensive unit. “Whether you are on the first line, second line, it doesn’t matter right now. We just want to see guys compete and see who is going to be consistently doing things the right way.”With sophomore safety Vonn Bell out for the rest of spring practice with an ACL injury, Ash said Bell will need to focus from the sideline.“Right now Vonn has got to take advantage of the mental rep opportunities that he gets and he is doing that so far,” Ash said. “He is still in all of our meetings, he is getting coached extremely hard in the meetings and he is getting a lot of good mental reps out here at practice.”Stepping in for Bell this spring has been sophomore safety Cam Burrows, who saw limited playing time as a freshman, but was highly recruited out of Trotwood, Ohio.“Cam Burrows has stepped in and has taken advantage of the opportunity and done a great job,” Ash said. “Vonn will be healthy soon and we’re going to have a great competition for those safety positions.”Another position battle has been the logjam at running back, where redshirt-senior Rod Smith and redshirt-sophomores Bri’onte Dunn and Warren Ball are competing with young talent such as sophomore Ezekiel Elliot to see who will replace the void left by Carlos Hyde.Dunn, who redshirted the 2013 season after seeing limited time in 2012, said he is looking forward to the competition.“Everybody is in the mix right now, there is really no depth chart,” Dunn said. “It is really competitive … everybody wants to play for Ohio State University.”Running backs coach Stan Drayton had plenty of complimentary things to say about Dunn, who ran for 133 yards and two touchdowns as a true freshman in 2012.“We are starting to see the things that Bri’onte already had within himself,” Drayton said. “It’s just a matter of him becoming a student of the game, learning the game and now he is playing it fast.”Elliot, who saw significant time as a freshman last season echoed Dunn’s excitement and said despite the competition, there are no ill feelings between the stable of backs.“We compete against each other every day and that just makes us all better,” Elliot said. “We are all brothers, we are here to help each other.”This was made clearly evident during practice when Dunn took a shovel pass from redshirt-freshman quarterback J.T. Barrett and after scampering for around a 40-yard gain, the first person to greet him was Smith, who was not even in during the play.Drayton was adamant that the running backs will have to step up this season, and he believes they will.“This is the Ohio State University and it’s the next man up,” Drayton said. “I am sure that if you ask Carlos Hyde, he will tell you the same thing. Somebody has to step up and fill the shoes of Carlos Hyde and if it takes more than one guy to do that, I promise you it is going to get done.”Another note to take away from Thursday’s practice was the presence of former Rutgers University and Tampa Bay Buccaneers coach Greg Schiano who took in the Buckeye practice.“One thing that stood out to him, you know he has been in the NFL for the last couple years, practices are different in college,” Ash said. “The effort is a little bit better, there’s a little more physicality in the college game than there is in the NFL game. He likes the way that we practice.”OSU is scheduled to take on Navy Aug. 30 at M&T Bank Stadium in Baltimore. Kickoff is set for noon.
With two outs and a man on base in the ninth inning Sunday, Alex Bregman grimaced after connecting on a Craig Kimbrel offering. He had just missed a game-tying homer, instead hitting a fly ball that fell into Andrew Benintendi’s glove on the warning track in front of the Green Monster for the final out. Game 2 of the American League Championship Series was over. The series was tied, and Fenway Park collectively breathed a huge sigh of relief.Even Bregman’s outs are increasing the heart rates of the opposition this October. Bregman became one of the best players in baseball during the season, and he’s elevated his game even further this postseason. Though in a small sample of just five postseason games, the 24-year-old has a .417/.708/1.000 slash line fueled by 10 walks (against one strikeout). He’s reached base in 18 of his 24 plate appearances this October.Bregman’s batting eye — along with opponents’ unwillingness to give him much to hit — is making some history. According to Major League Baseball research, Bregman is just the first player to draw 10 walks through five games of a postseason since Dodgers outfielder Jim Wynn did it in 1974. The only player before Bregman to draw at least three walks in back-to-back postseason games was Cubs outfielder Jimmy Sheckard — in 1910.Bregman, a spoil of tanking for the Houston Astros as the No. 2 overall pick in the 2015 draft, is getting something akin to the Barry Bonds treatment. Over his past three postseason games, the LSU product has drawn eight walks, matching Bonds in 2002 for the most by any hitter over a three-game span in postseason play.Consider the pitches Bregman has seen this postseason and the restraint he has shown: Bregman entered play Tuesday having been thrown 103 pitches this postseason (20.6 per game). Of those pitches, only 40 have been in the strike zone. Only J.D. Martinez, Yasiel Puig, Gleyber Torres and Christian Yelich have seen a smaller share of pitches in the strike zone than Bregman has.1Of batters with a minimum of 50 pitches seen.Of the 63 pitches thrown to him outside the strike zone, Bregman has swung at just six, the lowest chase rate among any postseason batter to have seen 50 pitches. Consider his take on this full-count pitch Sunday night, in the charged Fenway environment against hard-throwing Red Sox reliever Ryan Brasier:Bregman’s improved discipline is not just an October development: It’s what fueled his 2018 breakout.Only Joey Votto and Andrew McCutchen chased pitches out of the strike zone less often this season than did Bregman, who swung on just 18.1 percent of those pitches. Mookie Betts and Aaron Hicks ranked fourth and fifth.Bregman has improved his batting eye since reaching the majors in 2016. He dropped his out-of-zone swing rate by 5.8 percentage points from last season. Yasmani Grandal, Ian Happ and Gregory Polanco were the only players to make greater year-to-year improvements in laying off of balls out of the strike zone. “He’s having quite a season because of the preparation he’s doing, the lessons he’s learning, and the application in the game has been unreal,” Astros manager A.J. Hinch told the Houston Chronicle in September.While strikeouts continue to set record levels each year in the majors — from 21.6 percent of place appearances in 2017 to 22.3 percent in 2018 — the Astros posted the game’s lowest strikeout rate last season (17.3 percent) and the game’s highest slugging mark en route to a World Series title. This season, only the Cleveland Indians (18.9 percent) struck out less often than the Astros (19.5 percent).Bregman embodies this teamwide trend. The infielder is not just more selective in terms of swinging at pitches in the zone; he’s also finding pitches he can pull and drive for power. In 2018, he recorded just the sixth season this century of at least 30 home runs and 50 doubles with fewer strikeouts than walks.The Astros teach that a hitter should swing at a pitch only if he can conceivably drive it for an extra-base hit. Astros hitting coach Dave Hudgens told The New York Times last summer: “I don’t want guys swinging at a pitch unless they can hit a homer. I don’t want guys swinging at a pitch unless they can do damage. If you go in with that mindset, you’re not going to miss your pitch as often.”Bregman has always hit more balls in the air than on the ground. He ranked fifth this season in total volume of line drives and fly balls with 334. But he also increased his pull rate, perhaps encouraged by the inviting proximity of the Crawford Boxes at Minute Maid Park to the right-handed batter’s box. His quick hands and short arms allow for a short bat path. And by crowding the plate, he’s able to cover the entire zone and pull outside pitches. His 24 home runs hit to the pull side (left field for Bregman) tie for sixth in the majors. This is all before getting to other aspects of his game like his defense at third base, which has looked exemplary so far this postseason, giving the Astros two shortstop-quality defenders on the left side of the infield.The Astros didn’t know they needed another superstar, but they have one in Bregman, who is challenging Mike Trout and Mookie Betts for status as the best player in the American League. As the Astros battle for a World Series berth, Bregman might be the best player in baseball when it matters most.Check out our latest MLB predictions.
The Ohio State men’s ice hockey team ended its double-digit winless streak at Western Michigan with a 3-0 win Nov. 24, 2007. This weekend, OSU will look to repeat the success it had in Kalamazoo, Mich., more than four years ago. The No. 15-ranked Buckeyes (14-10-5, 10-9-5-1 CCHA), winless in their past 10 games, take on No. 18 WMU (14-11-5, 11-8-3-3 CCHA) in a two-game series starting Friday in Kalamazoo, Mich. OSU’s 0-6-4 record in 2012 has them tied for fourth in the conference after leading the CCHA by seven points in early January. “We’re trying to build some momentum,” said OSU assistant coach Steve Rohlik. “We’re looking forward to getting up to (Western Michigan) to play a very good hockey team and see what we got in the tank this weekend.” OSU, which started the year 14-4-1 and ascended to a No. 2 ranking in the country, has only four games remaining in the regular season and is playing its worst hockey of the season during its double-digit winless streak. Rohlik points to a team in another sport as an example of what he hopes will happen with his Buckeyes. “You look at the New York Giants. They were 7-7. What happened to them? Why were they so different? They go on all of a sudden to win the Super Bowl. Everybody wrote them right off,” he said. “Well, we just had a great start, now we’re going through a struggle here, but we’re going to stick with it and stay positive.” A reason OSU has been struggling lately has been its lack of scoring on the power play. The Buckeyes were 0-for-14 with a man advantage in two games against Michigan State last weekend, 6-3 and 3-2 losses, respectively. Improving will be no easy task this weekend, as the Broncos post the CCHA’s second-best penalty-kill unit. Rohlik said the Buckeyes need to keep pushing and eventually, they will have success. “We can’t change the guys we got in the (locker) room. We’re going to continue to work with the guys,” he said. “We do have some good players. We think we’re going to score some goals (on the power play), it’s just a matter of sticking with it right now.” One of the lone bright spots for OSU during the winless streak has been its top front line of freshman forwards – Ryan Dzingel, Tanner Fritz and Max McCormick – which has accounted for seven of the Buckeyes’ last nine goals. Sophomore forward Chris Crane praised the play of the freshman trio. “Dzingel’s line, they’re great players together. They’ve been solid for us in the past couple weekends,” he said. Rohlik said in order for OSU to play well this weekend, other lines have to step up and produce. “For us, we don’t feel that we drop off (after their first line),” he said. “The other lines have to be at least even or chipping in a few (goals).” Success this weekend is vital, Crane said. “It’s playoff hockey right now. We’re battling for home ice, home advantage. With four games left in the season, that’s what we have to stay focused on,” he said. The Buckeyes and Broncos will drop the puck at 7:05 p.m. on Friday in Kalamazoo, Mich., and play again at the same time Saturday.
You may value the tactile feel of a printed page under your fingers, or the dusty smell of an old tome cracking open, but like it or not, e-reading is on the rise… and it’s likely to become a billion dollar industry for the first time this year. The data comes from a recent study by Forrester, which is full of interesting details about the e-book trade. The headliner is that the e-book market (not including e-reading devices) has shot up from only making around $150 million in 2008 to $966 million in 2009. This year is going to be even bigger. Like it or not, e-books are meteorically rising in popularity, and in ten years, will probably be the dominant mode of print.AdChoices广告One detail that’s even more surprising than the e-book market’s billion-dollar windfall is actually in the gadgets that people use to read their e-books. More than one-third of all consumers read e-books not on an e-reader or a smartphone, but on their laptops. In fact, more people read e-books on their laptops (35%) than on their Kindles (32%).These guys aren’t just trying out e-books on Amazon’s Kindle software for PC or Mac, either: they’re actually spending money. What this shows is that there’s still growth in the e-reader market: with a third of consumers reading e-books on their computers, a decent $99 e-reader would absolutely destroy. My guess is that Amazon is already planning to make the Kindle 4 that reader.Read more at CNet
More than half (56%) of working men with children or other family responsibilities would prefer to be more involved as carers, according to a study commissioned by Business in the Community (BITC), in partnership with Santander UK.The Equal Lives report, carried out by Avenir Consulting and published in September 2018, canvassed the views of 10,225 parents employed in the UK. It also found that, although women are eight times more likely to take the lead in caring responsibilities for children, 85% of men believe they should be just as involved.Chloe Chambraud, gender equality director for BITC, said: “Women’s careers are still most affected by taking on the burden of care for dependent children and adults. But men are now telling us they want to be more involved at home, and employers need to catch up.“We will never achieve equality in the workplace, and the gender pay gap will never close if employers don’t support equality at home. With the number of dependent adults and the proportion of men wanting to be more involved in caring going up, businesses that don’t do more to support them risk losing talent.”Two-thirds (66%) of men said they would make use of family-friendly policies offered by their employers, such as flexible working and shared parental leave, if they were confident that spending more time on caring responsibilities would not have an impact on their career prospects.However, nearly half (48%) of men aged under 35 said they do not take shared parental leave, because they cannot afford to reduce their earnings.Jo Swinson MP, deputy leader of the Liberal Democrats and former employment relations minister, said: “This research shows that the appalling discrimination faced by mothers in the workplace is bad for men too. Fathers want to have more time with their children but fear of career penalties discourages them from making more use of flexible working and shared parental leave.“We can all take action to tackle this. Employers can ensure they have modern, flexible policies to support parents and carers in the workplace. And the government needs both to lead a continued change in culture and back this up by increasing statutory pay for parental leave, and closing the current gap from nine months to two years in free early years provision.”
The late GRAMMY-winning frontman for Linkin Park will be memorialized in a new music video tribute show at Las Vegas’ Fremont Street ExperienceBrian HaackGRAMMYs Aug 11, 2017 – 1:04 pm GRAMMY.comThe “Original Strip” in Las Vegas will soon be host to a special tribute show honoring Chester Bennington, the late frontman for two-time GRAMMY winning rock group Linkin Park. NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Jul 20, 2017 – 2:09 pm Chester Bennington recalls big night at the GRAMMY Chester Bennington To Be Honored In Las Vegas chester-bennington-be-honored-new-las-vegas-tribute-show Chester Bennington To Be Honored In New Las Vegas Tribute Show Facebook Email News Twitter The program, put together by Viva Vision for the Fremont Street Experience, will feature many of the band’s hits, including “Numb,” “Burn It Down,” and “In The End,” and will display on the installation’s centerpiece screen, which is billed as the largest single video screen on the planet.The Fremont Street Experience, a five-block outdoor entertainment district located in historic downtown Las Vegas, will premiere the 6-minute light-and-sound Bennington tribute on Aug. 19 at 9 p.m. PT. It will loop every hour until the morning of Aug. 20.Statue Of Chris Cornell To Be Built In Seattle
Facebook Meat Loaf-Inspired “Bat Out Of Hell: The Musical” Has Super Fans News Check Out “Bat Out Of Hell: The Musical” meat-loaf-inspired-bat-out-hell-musical-has-super-fans Twitter Email New musical featuring some of the GRAMMY winner’s biggest hits heads to Toronto Renée FabianGRAMMYs Oct 25, 2017 – 12:38 pm If Meat Loaf isn’t part of your music collection, then you’re missing out. Jim Steinman must have known this when he created “Bat Out of Hell: The Musical,” which brings some of Meat Loaf’s biggest hits to the theater world.The musical, directed by Jay Scheib, focuses on a group of rebellious teenagers in a post-apocalyptic world. When one of these teenage boys falls in love with the world’s tyrannical leader, he heads out to rescue her.It features Meat Loaf hits such as “Two Out of Three Ain’t Bad,” “Paradise By the Dashboard Light,” the GRAMMY-winning hit “I’d Do Anything For Love (But I Won’t Do That),” and “Bat Out Of Hell,” plus two previously unreleased songs, “What Part Of My Body Hurts The Most” and “Not Allowed To Love.”The musical was originally written in 1975, but it only had one performance under the title “Neverland” in 1977. From there it would go through 40 years of script revisions before coming out the other side in its current form.Previews, starring actors Christina Bennington and Andrew Polec, began in Manchester, England, in February and ran through April, before heading to London’s West End from June through August. Now it has a home through Dec. 24 at Ed Mirvish Theatre in Toronto.As per the reception of a musical that highlights some of Meat Loaf’s most iconic music, both Polec and Bennington told Billboard fans “scream their faces off” at the end of each musical number, adding she believes they definitely have a “Bat clan” of super fans.”I’ve never experienced anything like the reception we’ve got on this show,” Bennington told Billboard. “It gives us a lot of adrenaline. It’s like people want us to know that they’re loving it. We feed off each other. The more they give us, the more the show progresses. We’re buzzing after the show. You can’t sleep afterwards.”‘Streetlight Harmonies’: New Doc Traces History Of Doo-WopRead more
The mobile test lab at the Cold Climate Housing Research Center. (Ravenna Koenig/ Alaska’s Energy Desk).When people want to bring down their heating bill in Fairbanks — where winter temperatures often dip into the negative double digits — they’ll sometimes try to improve the energy efficiency of their homes by adding more insulation on the outside of their house.But there’s a pitfall to watch out for: mold.At the Cold Climate Housing Research Center in Fairbanks, there’s an experiment underway to try to find a cheaper way to make that kind of retrofit while still keeping risk of mold low.Research engineer Robbin Garber-Slaght leads the way behind the back of the main building to a shipping container in a stand of black spruce.Inside are heaters, pipes, a humidifier and a huge humming fan, which are mimicking the conditions you might find in a house with high humidity. The walls of the container have been divided into nine sections with different types and thicknesses of insulation behind them. Each wall also contains wires with sensors that pick up temperature, moisture content and other data.“All those wires go back to our central station where we’re recording everything,” Garber-Slaght said.The problem that the Cold Climate Housing Research Center is trying to solve here has to do with moisture — and money. Since foam can be expensive, people often opt for something like two inches when they’re doing a retrofit.“Every summer driving through Fairbanks, I will see somebody adding this kind of retrofit to their home,” Garber-Slaght said.Here’s the issue with that: Every home has moisture in the air. It’s created by breathing, cooking, showering. And that moisture can find its way into the walls through various leaks.In a poorly-insulated house with no foam on the outside, that moisture can condense inside the walls, freeze, and then evaporate to the outside of the house when summer rolls around — at least in a dry climate like Fairbanks.But with something like two inches of foam, the inside of the walls will likely be cold enough for the air moisture to condense into water, but not so cold that it freezes. And when summer comes, the foam can act like a barrier and prevent the water from evaporating out.Those are ripe conditions for mold, according to Garber-Slaght. The test wall is evidence. She said after one winter, they opened the wall to look inside: “This wall that had two inches of (expanded polystyrene) bead board on the outside of it grew mold.”Garber-Slaght added that in most houses in Fairbanks it could take longer for mold to become a problem. It may not become evident for years, but when it does, it can create all kinds of health issues.The problem can be solved by adding enough insulation that the air in the walls stays close to the temperature of the air in the house. That standard will be different in different climate zones. But in a place as cold as Fairbanks, that standard can be about six inches of foam — which is really expensive.Thus this experiment, which the Cold Climate Housing Research Center hopes will help them come up with a cheaper option.In the meantime, Garber-Slaght said there are other things homeowners can try that don’t carry the same cost. Like getting a home energy audit to help identify leaks.“Hot air moving through holes in the wall is really easy to block up, and it’s a huge energy saver,” Garber-Slaght said.She also suggested insulating the attic, since a lot of heat can be lost through the top of the house.As for adding insulation to the walls, Garber-Slaght said homeowners across the state should talk to a professional first to figure how much insulation is needed to keep risk of mold low.
Close Sunrisers Hyderabad superstar Jonny Bairstow sat down on the hallowed turf of Eden Gardens for a video session with his franchise to answer the most searched questions about him and here, he spoke about his phone number which had been leaked.Sunrisers Hyderabad (SRH) is preparing to take on Kolkata Knight Riders in their opening game of the 12th edition of the Indian Premier League and taking some time off after the practice sessions, the England wicketkeeper sat down for the video interview. The 29-year-old spoke about a lot of things including the place he stays and his favourite car.”I’m not sure I should tell you all that because, it means, you might be knocking on my door. But it’s definitely in the north of England in Yorkshire, around Leeds,” said Bairstow when asked where he lives. The SRH batsman, who is 6’1″ tall, was very proud of the school he attended and gleefully answered one particular question about his education. Jonny BairstowReuters”I went to a school called St Peter’s in York [a city in England]. It was founded in 627 AD so a very, very old school. [It is a] fantastic school and I really enjoyed my time there. It was great to play so many different sports at school and it was a really important part of my life, coming away with my A level in GCSCs,” said Bairstow with visible pride.Talking about his phone number which was once leaked, Bairstow naturally denied revealing the digits. “I’m not telling you that because someone leaked it last time and I woke up to my WhatsApp with about 250 people on it and lots of messages so unfortunately, not having that,” said Bairstow with a smile.Bairstow also spoke about his dream as a child and said, “I think my first dream was to play football professionally and that was something that I really wanted to do. But from joining Yorkshire as an 11-year-old, it was something that came to me that I wanted to pursue my cricketing career and as you can see behind me now, I’m sat at an amazing venue like Eden Gardens and it doesn’t get a bigger stage than this – the history that comes with.” Bairstow supports Liverpool.Steve Bardens/Getty ImagesThe Englishman revealed his favourite football club and his choice may leave his fans divided as he supports the Merseyside club called Liverpool. He thinks manager Jurgen Klopp has done an “amazing job” and praised the attacking brand of football they play. He spoke specifically of the front three which comprises Sadio Mane, Roberto Firmino and Egyptian Mo Salah. Klopp has been Liverpool’s manager since 2015 but is yet to win a title at the club.Bairstow was bought by SRH in this season’s auctions for an amount of Rs 2.20 crore. Sunrisers Hyderabad to take on Chennai Super Kings in IPL 2018 finals
Moudud AhmedThe Bangladesh Nationalist Party (BNP) senior leader Moudud Ahmed said on Saturday parliament must be dissolved before the next general elections no matter whether it is held before or after the tenure of the current government, reports UNB.”It’s not the main issue whether the election is going to be held before the tenure of parliament or after the fulfilment of it. The dissolution of parliament is a prerequisite to the holding of the next general election in a credible manner,” he said.Speaking at a discussion, Moudud, a member of BNP’s standing committee, further said, “We would like to urge the government to arrange snap polls under a neutral administration dissolving parliament.”National People’s Party (NPP), one of the components of the BNP-led 20-party alliance, organised the programme at the National Press Club.Moudud said their party would join the polls wherever it is held if proper steps for a fair balloting are taken.The BNP leader said he personally thinks the government will not arrange any snap polls. “We’ll have to wait until the December 2018 for the next election. You (govt) can hold the polls any time, but you must dissolve parliament 90 days before it.”He said the country’s people want the 11th parliamentary elections to be held under a non-party election-time government so that the election commission can work independently and people can cast their votes as per their wish.Moudud also said people also do not want to see the repeat of the 5-January 2014 election as their voting right was snatched through it.He also denounced the issuance of the warrants for the arrest of BNP chairperson Khaleda Zia in two graft cases. “It’s unthinkable that the lower court has limited the bail given by the High Court to 7 days.”
Share in Data, Government, Origination, Secondary Market, Servicing Ex-IndyMac Execs Ordered to Pay $169M for Negligent Loans December 10, 2012 459 Views Agents & Brokers Attorneys & Title Companies FDIC Homebuilders Investors Lenders & Servicers Processing Service Providers 2012-12-10 Tory Barringer A Los Angeles jury ruled that three former IndyMac Bank officers must pay $169 million in damages to the FDIC for making “”negligent loans”” to homebuilders, according to a report from “”Bloomberg””:http://www.bloomberg.com/news/2012-12-08/indymac-executives-found-liable-for-negligent-loans.html.[IMAGE]The FDIC’s suit, filed in 2010, alleged that Scott Van Dellen (former CEO of IndyMac’s Homebuilder Division), Richard Koon (former chief lending officer), and Kenneth [COLUMN_BREAK]Shellem (former chief credit officer) caused $500 million in losses by pushing for loans before the real estate crash without taking into consideration credit quality. According to the suit, the executives made loans to homebuilders that weren’t creditworthy or didn’t provide sufficient collateral.The jury found the three men liable for negligence and breach of fiduciary duty.Kirby Behre, an attorney for Shellem and Koon, said in an emailed statement that the verdict “”is the result of a deliberate effort by the government to scapegoat a few men for the impact that the unforeseen and unprecedented housing collapse in 2007 had at IndyMac.”” Behre also asserted that Shellem and Koon used “”the utmost care in making loan decisions, and there is no doubt that all of the loans at issue would have been repaid except for the housing crash.””A lawyer for Van Dellen did not immediately return a call from Bloomberg requesting comment.
Share Eye on the Industry: Updates on Pavaso, LERETA, and More industry KLR Group lereta loans mortgage Pavaso Quicken Loans UWM 2018-09-13 Radhika Ojha September 13, 2018 833 Views From new appointments to rewards and recognition, get the pulse of the mortgage industry in this weekly update.Pavaso, a Texas-based digital mortgage closing technology company has announced the appointment of Brenda B. Clem as EVP of Capital Markets. “Pavaso is the developer of the industry’s only digital closing platform that brings lenders, title companies and borrowers together in one single digital portal.” According to Pavaso, Clem is a mortgage industry veteran with over 30 years’ experience in operations and secondary markets. Her focus at Pavaso will be on education and increasing awareness in the mortgage industry on how to improve residential lending through technology, including eNote, eMortgage, and eWarehouse adoption. Additionally, Clem co-chairs MISMO’s eWarehouse workgroup and is a frequent speaker at industry events. She also authors articles for a variety of mortgage trade publications. “Brenda is already a familiar face in the mortgage industry, and we are honored to have her on our team,” said Mark McElroy, CEO, Pavaso. “She will be one of Pavaso’s top spokespersons in leading the charge toward universal adoption of eMortgage. Brenda’s passion, experience and her ability to articulate complicated information clearly make her an outstanding resource for Pavaso’s clients, as well as for the industry as a whole.”_________________________________________________________________________________________LERETA, LLC, a provider of real estate tax and flood services for mortgage servicers, has selected Tiffany Stringfellow as its VP of Business Development. In this position, Stringfellow will be responsible for maintaining and growing the relationships with LERETA’s largest clients. According to LERETA, Stringfellow has proven experience in the industry. She spent 13 years with CoreLogic where she focused on multiple projects including solutions design in advisory services, capital market business development and regional sales in Northern California. “Customer service is at the forefront of maintaining healthy relationships with our clients, followed closely by developing systems that improve processes and the way the industry approaches to tax and flood servicing as a whole,” said John Walsh, CEO of LERETA. “Tiffany is uniquely skilled in both those areas and is a true asset to our team. We look forward to a long, productive future that includes her valuable contribution.” Stringfellow has spent most of her career focused on client relationships and was recognized for her efforts by being nominated for MReport’s 35 under 35 Women in the Workplace. Stringfellow received her Bachelor of Arts degree from Sacramento State University in 2005 and a Master of Business Administration from the University of Phoenix in 2007._________________________________________________________________________________________United Wholesale Mortgage has passed Quicken Loans to become the top non-bank purchase lender in America, according to a statement released by the company citing an industry report. UWM produced $11.2 billion in loan volume during the second quarter, with $8.3 billion of its business (74 percent) being attributed to new home purchases, compared to Quicken Loans, which purchase loans made up only 31.6 percent of its second-quarter loan volume. “This is a major accomplishment for us at UWM, and highlights the efforts of more than 2,700 team members here who are dedicated to helping our mortgage broker clients be the hero to their borrowers and the realtors they work with,” said Mat Ishbia, President and CEO of United Wholesale Mortgage. “The high amount of purchases going through the mortgage broker channel reinforces that borrowers don’t want to communicate with a call center loan officer that is 1,000 miles away or use an app that is more sizzle than substance. They prefer local, they want an expert, and they want the process to be fast and easy – and that’s what mortgage brokers provide.”_________________________________________________________________________________________The KLR Group, a Boston-based full-service due diligence firm, servicing residential mortgage lenders, servicers and investors with individualized review products and services have announced the new hire of Andrea (Andi) Cochrane to the position of SVP. As SVP, Andi will be responsible for the direct client interaction and development of individualized solutions and quality delivery of product and services. According to KLR, Cochrane has over 20 years of industry experience. Her specialties include: Underwriting, Quality Control, Pipeline Management, and Process Management. Under KLR her duties will be client focus areas such as lowering loan/MSR rejection, due diligence systems/platforms, and workflow improvement/efficiency. Cochrane’s previous positions include Promontory Financial Group, Urban Lending Solutions, First Federal Bank of CA, Acoustic Home Loans, Long Beach Mortgage. in Daily Dose, Featured, News
Ok, so we all know Frank Lampard’s shot crossed the line. Or did we? Can 100 million people worldwide really all have simultaneously experienced a mass delusion? According to the referee and his assistant we did. So this week we’re looking at where else you might be able to witness some of the world’s most bizarre phenomena. Cue Twilight Zone theme tune… Bloemfontein, South Africa (from £1,350)South Africa, June 2010. Germany v England. Two famous old rivals take each other on once again in a World Cup finals. Germany cruise to a surprisingly easy 2-0 lead after half-an-hour, before England hit back on 37 minutes. And then it happens. Frank Lampard shoots a bullet from 25 yards, the ball bounces off the bar, down off the ground and back out, safely into the keepers arms. Everybody watching on TV thinks it’s a goal. Everyone in the stadium thinks it’s a goal. The players think it’s a goal. But the referee waves play on – freaky but true…Find cheap flights to BloemfonteinRoswell, USA (from £865)In June or July 1947, a batch of alleged extra-terrestrial debris was recovered from a site near Roswell, New Mexico. Following the incident, there was frenzied speculation as to the nature of the actual object which crashed – was it a UFO or simply the result of a botched military manoeuvre? Conspiracy theories have been circulating ever since, and the incident has become arguably the biggest UFO ‘happening’ ever.Find cheap flights to RoswellSeattle, USA (from £777)The legend of the huge, hairy ape-like creature known as Bigfoot was around for some time before the first photographs of the creature emerged. The beast, also known as Sasquatch, is said to have footprints up to 24 inches long and 8 inches wide. If you’re brave enough to set, er, foot in the woodlands Bigfoot is said to inhabit, you can fly in to Seattle and make your way into the forest from there. Good luck.Find cheap flights to SeattleInverness, Scotland (from £115)The Loch Ness Monster, affectionately known as ‘Nessie’ by locals, is said to be a huge dinosaur-like creature that lives in Loch Ness, a freshwater loch in northern Scotland. Sightings of Nessie have been reported since the 17th century, with the most famous photograph of the monster emerging in 1934. If you’re keen to take a closer look, you can take a boat trip on the loch. Don’t forget your camera – and your zoom lens.Find cheap flights to InvernessKomatsu, Japan (from £778)The surreal meterological phenomenon of ‘raining animals’ has been reported many times across the globe, and is thought to occur when high winds pick up groups of fish, frogs or birds and deposit them in another location. There have however been many cases of animals dropping out of the sky where no high winds or rain have been recorded. One such case took place last year in central Japan’s Ishikawa Prefecture, where hundreds of dead tadpoles were discovered on the ground over a 48-hour period, baffling locals. If you’re more than a tad intrigued, why not visit the scene of last year’s downpour. Bring a brolly just in case.Find cheap flights to KomatsuBermuda (from £668)The Bermuda Triangle is an area in the North Atlantic Ocean between Florida, Puerto Rico and Bermuda where various aircraft, boats and ships have been reported as missing over the years. There are a number of both supernatural and rather more sceptical explanations for the disappearances, but the area has gained sufficient notoriety to ensure its position at the top table of bizarre worldwide phenomenon.Find cheap flights to BermudaReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map RelatedFootball hater’s guide to the South Africa World CupFootball hater’s guide to the South Africa World CupWorld Cup WAGS: where they’re heading in South AfricaSkyscanner investigates the whereabouts of the South Africa World Cup WAGsWorld Cup nations’ most supportive fans revealed by SkyscannerWorld Cup nations’ most supportive fans revealed by Skyscanner
Corum’s Challenge 48 “Black Flag”is a fusion of deep black and luminescent blue, with the bright colors of the signature nautical pennants noticeably missing. This Limited Edition of 100 pieces is exclusive to the United States. It will be unveiled in a lead launch by Tourneau at an event on November 20th at its King of Prussia, PA location.The Admiral’s Cup collection embodies CORUM’s sporty side. Immediately identifiable by their 12-sided cases, these models have been intriguing fine watchmaking enthusiasts since 1960, when the collection was introduced. Bearing the name of a legendary international regatta, this line is one of the brand’s four mainstays, along with the Romvlvs, Golden Bridge and Specialty Watches. Today, the line is adding an uncompromising black titanium version enhanced with key details highlighted with blue Superluminova. This limited-edition watch confirms CORUM’s place as a standard of reference among watchmakers.Built as an extreme sports chronograph that perpetuates the legend of the Admiral’s Cup, the Admiral’s Cup Challenge 48 “Black Flag” features a black titanium case holding an automatic chronograph movement with COSC chronometer certification. Chosen for its excellent resilience and lightness, the titanium minimizes the weight and protects the robust automatic movement. This CO-753 caliber, which provides the chronograph function in addition to hours, minutes, seconds and date, operates at a frequency of 28,800 vibrations per hour and has a 42-hour power reserve.
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