Weekly unemployment benefits tumble to under 800

first_imgThere were 737 new regular benefit claims for Unemployment Insurance last week, a decrease of 491 from the week before, as claims fell following a recent increase. Altogether 12,591 new and continuing claims were filed, a decrease of 230 from a week ago and 2,872 fewer than a year earlier. The Department also processed 2,044 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 45 fewer than a week ago. In addition, there were 989 Second Tier claims for benefits processed under the EUC08 program, which is an increase of 25 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)last_img read more

Clips of the Week: Surfing OBX, Casting 4 a Cure, Crashing Downhill

first_imgOur favorite outdoor web videos from the week that was:Fall Surfing in OBXSurfer Brett Barley getting after it in the Outer Banks, North Carolina with footage shot entirely with Soloshot. This guy makes surfing OBX look amazing, especially with all those styly airs. Who knew you could get barreled so hard in N.C.?Finally Fall – Brett Barley from SURFING Magazine on Vimeo.Good Thing He Had the Full Face HelmetTen seconds of glorious ass over teakettle action. Short, sweet, and to the point…of a rock.Casting 4 a Cure on the South ForkThis one is out of region, but Casting 4 a Cure does great work. This is one of my all time favorite places to fish, and you can see why.Casting 4 A Cure from Trout TV on Vimeo.Burton, BackcountryHere is Part 1 of 4 of Burton’s snowboarding project thingamajiggy. This is a tad long, but features two of my all-time favorite riders: Nico Muller and Terje Haakonsen.last_img read more

Wantagh Man Killed in Crash

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 24-year-old Wantagh man was killed when he crashed his vehicle in Levittown over the weekend.Nassau county police said Eklind Veizas was driving his Toyota northbound on Wantagh Avenue when the vehicle left the roadway and hit a utility pole and tree near the corner of Grey Lane at 3:39 a.m. Sunday.He was pronounced dead at the scene.Second Squad detectives impounded the vehicle and are continuing the investigation.last_img

The 3 amigos: mobility, BYOD & big-data

first_imgEnterprise mobility, Bring Your Own Device (BYOD), and big-data have become today’s three amigos of technology. They support each other. They get in each other in trouble. And when they’re together, they have a stake in each other’s success.Mobile devices are becoming popular data collection and reporting tools for big-data platforms. Major big-data vendors and startups are launching mobile apps to augment and extend big-data reporting. These mobile apps take advantage of 3G and 4G, WiFi, and growing improvements in tablet screen resolution and touchscreens to democratize access to big-data platforms. Knowledge workers and managers can interpret, interact with, and present corporate information from big-data platforms directly from their tablets or smartphones with a minimum of training and without having to request reports from IT.The growth in these mobile apps can have a positive effect on enterprise mobility and BYOD uptake inside an organization.The rise of BYOD only feeds the demand for big-data mobile apps. But this brings with it potential problems and concerns for IT and management. In particular, BYOD and big-data can be problematic for legal departments. According to a survey of corporate attorneys conducted by Ari Kaplan Advisors, 64 percent of respondents said the impact of big-data would be an “overwhelming challenge for the foreseeable future,” and 32 percent said that BYOD catching on in the workplace would create equally daunting obstacles. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

US Senate panel head steps aside amid virus insider-trading probe

first_imgOutraged investorsAn FBI investigation of a senior senator is rare and would have been approved at the highest levels of the Justice Department, legal specialists say.Burr is respected for keeping the Intelligence Committee independent as it investigated Russian meddling into the 2016 election and possible collusion by President Donald Trump’s campaign.He has also refused to rubber-stamp Trump’s controversial nominees to important intelligence community positions, amid worries over politicization by the White House.But his stock sales sparked outrage as millions of investors saw their shares plummet after the pandemic forced a shutdown of much of the global economy.It also drew attention to at least two other senators who made substantial investment shifts on the eve of the COVID-19 scare, Democrat Dianne Feinstein and Republican Kelly Loeffler.Feinstein, a senior member of the Senate Intelligence Committee, has said her investments are held in a blind trust and that stock sales by her husband, a prominent California financier, were unrelated to the pandemic.Loeffler, the wealthiest member of Congress, is married to Jeffrey Sprecher, chairman and main owner of the New York Stock Exchange through his company Intercontinental Exchange. The couple reportedly sold as much as $3.1 million in shares between late January and February 14.While the FBI has investigated Feinstein’s transactions, it is not known if they are also probing Loeffler, who has denied impropriety. Topics : Dumped stocks, warned donors One of the most respected Republican senators, the North Carolina lawmaker drew attention after reports showed he had dumped most of his stocks and warned donors of the looming COVID-19 pandemic in February.At the time President Donald Trump was playing down the danger to the public.Burr, who receives almost daily briefings from the US intelligence community on threats to the country, wrote in a February 7 opinion piece published on the Fox News website that the US government was “better prepared than ever” for the COVID-19 virus, assuring Americans they were well-protected.But on February 13 the senator and his wife suddenly sold off between $628,000 and $1.7 million in stocks, the ProPublica media group revealed in March, citing financial filings.On the same day, Burr’s brother-in-law sold as much as $280,000 worth of shares, ProPublica also reported.Since then stock markets have plunged as the disease swept the world. Some 1.4 million Americans have been confirmed infected and over 85,000 died, more than any other country.Burr, who receives much of the same intelligence as the White House, clearly had a different private view of the threat than the government’s public stance.Two weeks after Burr’s share sales, Trump assured the public that the 15 US coronavirus cases reported at that time could be the peak.The same day Burr told a private gathering of wealthy donors that coronavirus was a threat akin the 1918 Spanish Flu, which killed tens of millions.”There’s one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,” he said. “I believe this step is necessary to allow the committee to continue its essential work free of external distractions.”Burr is under investigation over whether he used his access to highly classified intelligence to sell stocks in February — before the coronavirus pandemic struck the US, and while Americans were being told the virus’s threat was low.The Los Angeles Times said federal agents wielding a warrant seized his cellphone late Wednesday at his Washington home, after having first accessed Burr’s personal files on his iCloud account. Republican Senator Richard Burr, chairman of the powerful US Senate Intelligence Committee, stepped down Thursday after the FBI seized his cellphone in a probe of alleged insider stock trading tied to the coronavirus pandemic.Burr said he informed Senate Majority Leader Mitch McConnell that he would give up the chairmanship temporarily while the FBI investigation is ongoing.”The work the Intelligence Committee and its members do is too important to risk hindering in any way,” Burr said in a statement.last_img read more

Direct lending managers ‘move to boost fees by lowering hurdle rates’

first_imgMany asset managers selling direct lending investment vehicles have made moves to lower hurdle rates in the latest round of fundraising, which would effectively increase their overall fees, according to consultancy bfinance.Niels Bodenheim, London-based senior director of private markets at bfinance, and Dharmy Rai, associate within bfinance’s private markets department, said: “Some are sounding out the idea; some have already tried to market their latest offerings; most have not (yet) succeeded in taking a step that, for [limited partners (LPs)], would be hard to stomach.”Hurdle rates are the point at which lucrative “catch-ups” and performance fees kick in, the firm explained.In a market commenary, Bodenheim and Rai said that, often, the height of a hurdle and the structure that kicks in when it is reached receive less attention than management fee and carry percentages. This may be because the latter are often open to negotiation while the former are set in fund terms and conditions, they said.“Yet the hurdle is, arguably, the most important part of the fee leakage puzzle,” they said.“Indeed, we see examples where managers with lower management fees end up taking home more money purely because they reached the same — net-of-management-fee — hurdles sooner than they otherwise would have done,” said Bodenheim and Rai.The pair said they did not believe direct lending managers’ hurdle rates had been too high in recent years and that in some cases, the threshold had already been a bit too low.“There is still, on average, too much leakage in the net performance figures,” they said, adding that in general the hurdle should be no lower than 2% beneath the fund’s expected return.Although it might be understandable that firms were cutting hurdle rates if expected returns were lower for new funds — in order to keep their business profitable — bfinance said that this did not seem to be the case –– expected returns on funds being raised in 2017 were broadly the same as before, except where strategies were very different.One explanation could stem from the fact that many private debt funds were run by private equity firms, said Bodenheim and Rai. Staff at these companies expected the same compensation that they received for private equity work.But this was hard to justify, bfinance said, since private equity managers could generate significant upside but private debt managers could not.Following noticeable improvement for LPs in management and performance fees for direct lending funds over the last few years, a reduction in hurdle rates could represent a backwards step, Bodenheim and Rai said.“Hopefully the negative reaction among investors, together with rising competition among fund managers, will dissuade firms from following through on such changes,” they said.last_img read more

Luxury island home is a boatie’s paradise

first_img ON THE MARKET 7 Brittanic Cres, Sovereign Islands.More from news02:37International architect Desmond Brooks selling luxury beach villa13 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoOther features include a study, media room and six-car basement.Agent Edin Kara described the mansion as world class.“Designed with pure luxury in mind this home was crafted in quality and created for the family,” he said.Sovereign Islands is a unique island estate situated in the middle of the Broadwater surrounded by multi million dollar homes.“The estate offers beautiful landscaped parks, 24-hour security and stunning waterways.” 7 Brittanic Cres, Sovereign Islands.WHEN luxury and sophistication go hand-in-hand this is the result.Nestled on 1260sq m2 of land with 37m of water frontage is a five-bedroom five-bathroom mansion at 7 Brittanic Cres, Sovereign Islands. 7 Brittanic Cres, Sovereign Islands.The 20m pontoon is suitable for a 100ft boat or yacht, making the property a boatie’s paradise.The house feature an array of outdoor areas designed to capture the spectacular Broadwater and Hinterland views.Inside there are several lounge, dining and family areas to relax and unwind.There are quality appliances throughout include high ceilings, chandeliers, Miele appliances and granite benches. 7 Brittanic Cres, Sovereign Islands. No expense has been spared in making it one of the signature lavish homes on the island paradise. Address: 7 Brittanic Cres, Sovereign IslandsAgent: Edin Kara and Ali Mian, Ray White Sovereign IslandsArea: 1260sq m Price: Contact agentInspection: By appointmentlast_img read more

One Room Shack

first_imgEntertainmentLocalNews One Room Shack by: – September 7, 2011 Photo credit: Flickr.comONE ROOM SHACK, the debut poetry publication from Delroy Nesta Williams, comes from a special place, his heart. And within his heart is a myriad of issues and ideas that were egging to get out. One Room Shack can be described in one short phrase, simply special. Special not only because it is the first book from the author but also as a dedication to the “mothers” that have influenced Nesta’s life. The poems address various issues including poverty, failure, personal struggle, “faith and hope… but the greatest of these is love.”Mr. Williams is the Immediate Past President of the National Youth Council and by all accounts an advocate for various youth issues, some of which come through clearly through his poetry. He attributes his love of poetry and writing from an early exposure during his high school years at the Dominica Grammar School and his interest in creative arts.ONE ROOM SHACK contains poems and thoughts that all can comprehend and take as words of discovery, wisdom, comfort, warmth and inspiration. The book also signals a transitional and developmental stage in his writing and personal life as well. We encourage you to share in the moment and make it your own.FREE EXPRESSIONS POETRY COMPANY is proud to release this publication, ONE ROOM SHACK, Delroy Nesta Williams’ labour of love to the World…Press ReleaseFREE EXPRESSIONS POETRY COMPANY 13 Views   no discussions Share Sharecenter_img Sharing is caring! Share Tweetlast_img read more

Lagos City Marathon: Olopade unveils $20,000 bonus

first_img Olopade appealed to journalists that they will be required to stay within the designated area set aside for them for going forward. He assured that a world-class press centre will be put in place where runners will be brought to for interviews with the media after their recovery. Olopade noted that media accreditations are meant to make the work of journalists easier but he reiterated that accreditation remains the property of Access Bank Lagos City Marathon; meaning erring journalists can have their accreditation revoked. Read Also:Lagos City Marathon: Organisers insist on registration fees He, however, appealed for cooperation and understanding from members of the media to ensure the success of the 2020 edition of the Access Bank Lagos City Marathon billed to take place on February 8, 2020. FacebookTwitterWhatsAppEmail分享 Promoted Content8 Most Beautiful Chinese Women2020 Tattoo Trends: Here’s What You’ll See This Year7 Worst Things To Do To Your Phone7 Ways To Understand Your Girlfriend BetterWhat Is A Black Hole And Is It Dangerous For Us All?The Highest Paid Football Players In The WorldWho Is The Most Powerful Woman On Earth?9 Facts You Should Know Before Getting A Tattoo10 Risky Jobs Some Women DoWhich Country Is The Most Romantic In The World?Did You Notice How Natural Simba’s Movements Looked In The Movie?6 Incredibly Strange Facts About Hurricanes In a statement signed by Olukayode Thomas, Head Communications and Media Access Bank Lagos City Marathon, Bukola Olopade, who is the consultant for the race which now has the prestigious IAAF Silver Label, said the aim is to encourage excellent performances at Africa’s biggest and best one-day event. According to the CEO of Nilayo Sports Management company, runners who run 2 hours.10 minutes and below will be entitled to a share of the $20,000 bonus. Said Olopade: “As we have earlier promised, the 2020 edition of the Access Bank Lagos City Marathon will witness a lot of innovations; one of which is the introduction of the $20,000 bonus for world-class performances.“We are already bringing in some of the best runners from across the globe and we are confident that this unique bonus will further spur them to give their very best,” Olopade added. As explained, the incentives range from $5,000 to $20,000, depending on the time recorded by the runners.Meanwhile, the organisers of the Access Bank Lagos City Marathon have again expressed their profound gratitude to journalists across the country for their immense support to the success story of the race and its new Silver Label status. Loading… Organisers of the Access Bank Lagos City Marathon have announced a $20,000 bonus for world-class performances at the 2020 edition of the race.last_img read more

Man Utd table lucrative £5.2m per year wages for Ighalo to beat off Chinese interest

first_img Ighalo’s goals have been influential in United tallying an unbeaten run stretching 11 matches, with fellow January arrival Bruno Fernandes also playing a crucial role. United boss Ole Gunnar Solskjaer has already signalled his intentions to make the transfer permanent. “Odion has done really well when he’s come in and he’s enjoying himself,” Solskjaer said. “He will improve and get better, but he has qualities that we saw in him that we needed and we’ll still need those qualities for next season so let’s see what we do.” In other news, Portugal international Fernandes has expressed his desire to match his compatriot Cristiano Ronaldo’s achievements at United. Read Also:Ighalo wins Man Utd’s goal of the month award Ronaldo became one of the world’s best players during his time at Old Trafford, where he won silverware including the Premier League and Champions League. FacebookTwitterWhatsAppEmail分享 Loading… It is now the battle of the fittest as Manchester United set to prepare a three-year deal worth €6million (£5.2million) per year in wages for striker Odion Ighalo, according to reports. Ighalo has taken his opportunity with both hands at United Ighalo, who moved to United on loan from Shanghai Greenland Shenhua on deadline day in January, has hit the ground running with four goals in eight appearances. Indeed, the Nigerian’s strikes helped the Red Devils progress in the Europa League and FA Cup before the season was brought to a halt earlier this month. Previous reports have suggested that Ighalo was ‘seriously flattered’ by an offer of more than £400,000 per week from Shanghai. However, according to Italian journalist Nicolo Schria – via his Twitter account – United are trying just as hard to keep the striker at Old Trafford. Schria claims that United want to pay €15million to buy Ighalo outright and believe that their contract offer will be enough to convince the 30-year-old to stay in England, even if he is offered more to return to China. Ighalo‘s deal reportedly ends on May 31 – a month before the expiry date of standard loan spells – meaning United could earmark the Nigerian’s signing as a priority in the coming weeks.center_img Promoted ContentPlaying Games For Hours Can Do This To Your Body7 Ways To Understand Your Girlfriend Better11 Most Immersive Game To Play On Your Table TopA Hurricane Can Be As Powerful As 10 Atomic BombsCouples Who Celebrated Their Union In A Unique, Unforgettable WayTop 7 Best Car Manufacturers Of All Time6 Extreme Facts About Hurricanes8 Shows That Went From “Funny” To “Why Am I Watching This”Is This The Most Delicious Food In The World?5 Of The World’s Most Unique Theme Parks7 Black Hole Facts That Will Change Your View Of The Universe10 Hyper-Realistic 3D Street Art By Odeithlast_img read more