Government warns Mifid review could hit industry

first_imgThursday 3 February 2011 7:30 pm THE BRITISH government rushed to defend the banking industry yesterday, saying a planned European Union reform of market trading rules must not harm competition.The European Commission has just ended a public consultation on changes to its markets in financial instruments directive (Mifid), a set of rules that have torn down barriers to cross-border trading in shares.“If we get the Mifid review right, we have the potential to build on this progress. But if we get it wrong we could set ourselves back a decade,” financial services minister Mark Hoban told an industry conference.However, the International Capital Market Association yesterday raised its concern over a “rushed” review process, which it said could result in costly unintended consequences.Senior adviser John Serocold said: “We have to go on working with policy makers to improve these proposals.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionMoneyPailShe Was Famous, Now She Works In {State}MoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeHero WarsThis game will keep you up all night!Hero Warsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Program Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof KCS-content whatsappcenter_img whatsapp Share Tags: NULL Government warns Mifid review could hit industry Show Comments ▼last_img read more

3 dividend stocks I’d buy in June

first_imgSimply click below to discover how you can take advantage of this. There appears to be light at the end of the Covid tunnel as the vaccine rollout continues to yield results. So I’m looking at stocks that I think have long-term staying power. Here are three dividend stocks I like the look of today in the tech, insurance and ventilation markets.Kainos grows through M&ASoftware company Kainos Group (LSE:KNOS) is expanding its reach across Europe. And it just announced the acquisition of Cloudator Oy’s Workday division.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Workday is an on‑demand financial management software vendor from the US and Kainos is already a significant partner in offering Workday services. In its recent annual report, it noted an 18% rise in organic sales from its Workday division, so I think expanding this seems like a wise move.Kainos’ annual results were excellent, with it reporting a 31% increase in revenue and 117% rise in pre-tax profit. Today Volution has a P/E of 48, earnings per share are 9p and its dividend yield is 1%. But given that it’s an expensive stock, there’s always a risk of a price slide on disappointing results. Yet I like its future prospects and would happily buy shares in Volution Group today. Enter Your Email Address Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. The LGEN balance sheet is stronger now than it was before the pandemic hit. It’s increasing its product offering in the US, and in Europe, where it’s seeing strong demand for its exchange-traded funds (ETFs).But there are ongoing risks to this business and they include another wave of Covid-19 or a financial crisis.Legal & General has a forward P/E of 9 and earnings per share are 29p, plus it offers a generous 6% dividend yield. This yield holds great appeal for me and I’m tempted to add it to my Stocks and Shares ISA.A blast of fresh airVolution Group (LSE:FAN) sells ventilation products to homes and businesses, including extractor fans and built-in ventilation systems.The pandemic has highlighted the need for ventilation and it’s increasingly in demand as consumers look to control indoor air. The firm’s operating margins are a decent 20% and it’s been growing through M&A in recent years.It’s also tipped as a viable entrant into the FTSE 250 in the upcoming reshuffle.The Volution share price has risen 163% in the past five years. In the year prior to the pandemic, the group’s share price did well, but since the March 2020 market crash it has soared. See all posts by Kirsteen Mackay Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Kainos. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 5 Stocks For Trying To Build Wealth After 50 Image source: Getty Images. center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your free copy of this special investing report now! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 3 dividend stocks I’d buy in June Our 6 ‘Best Buys Now’ Shares It also has the NHS as a client, which has significantly boosted its revenues in the past year. It has a forward price-to-earnings ratio (P/E) of 38, earnings per share are 32p and its market cap is £1.7bn. It also offers a 2% dividend yield.Yet Kainos has been a popular stock this year and may be at risk of a share price drop if its growth slows. Nevertheless, I like the look of this dividend-paying stock.LGEN’s generous dividendLegal & General Group (LSE:LGEN) is a large insurance company with several revenue streams from insurance, investments, retirement and life cover. One of its streams is from rental and leasehold properties for the elderly and as the UK has an ageing population, this is likely to have growing appeal. I think it should continue to see strong cash-flows in the years to come. For more dividend stocks read on… Kirsteen Mackay | Wednesday, 2nd June, 2021 | More on: FAN KNOS LGEN last_img read more

This is why the IWG share price has tanked 10% today!

first_imgThis is why the IWG share price has tanked 10% today! Image: IWG See all posts by Royston Wild Trading action on UK share markets remained pretty muted on Monday morning. Both the FTSE 100 and FTSE 250 are up only fractionally as news of slowing Chinese exports sapped investor appetite. These weak performances pale in comparison to the behaviour of the IWG (LSE: IWG) share price however.The price of the office space provider collapsed 10% on Monday to 328p per share on a frosty reaction to latest trading numbers. The IWG share price slipped to its cheapest level since late January, to 306p at one point. Its gains over the past 12 months have now been trimmed to 8%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…IWG’s share price slumps on fresh trading commentaryIn today’s update, IWG said “we have continued to see strong recovery in some of our markets” since its most recent update in late April. This included “positive occupancy momentum in the US,” the FTSE 250 company’s single-largest market.However, IWG added that “the overall improvement in occupancy across the whole group has been lower than previously anticipated.” This is due to the prolonged impact of Covid-19, it said, which includes continued lockdown restrictions and the emergence of new virus variants in some of its territories.Consequently, IWG said the recovery of its business will be delayed. It added that, given the level of operating gearing, these worse-than-predicted occupancy levels will have a “significant impact” on 2021 results.The workspace provider said it now expects underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to be “well below” the level it recorded last year.Remaining bullish for 2022IWG said trading conditions are improving in areas where Covid-19 restrictions are easing, such as in the US. It noted “occupancy is improving, enquiries have reached pre-Covid-19 levels, we have an increasing pipeline of corporate customers on network-wide deals and service revenues are starting to improve.”The FTSE 250 firm’s flexible working products are witnessing “unprecedented demand” as companies adopt hybrid working (a mix of office- and home-based working). It added that those partnering with IWG continues to “strengthen significantly.” And it has “a very strong pipeline of potential partners wanting to work with us to grow the platform,” the company said.The firm also said “good progress is being made in relation to larger master franchise agreements” too. It commented that several such agreements are in the final stages of discussions.IWG said the positive trends it’s witnessing support its view that “the prolonged impact of Covid-19” on its 2021 results “is one of timing and that, as lockdown restrictions ease, the significant actions taken to restructure the Group’s cost base, together with the unprecedented demand for hybrid working and the Group’s unrivalled national and international network coverage, will deliver a strong improvement in profitability and cash generation.”IWG’s expectations of a “strong recovery in 2022” are broadly unchanged. The company continues to maintain a strong financial position with significant liquidity, it added. Royston Wild | Monday, 7th June, 2021 | More on: IWG FREE REPORT: Why this £5 stock could be set to surge Our 6 ‘Best Buys Now’ Shares Get the full details on this £5 stock now – while your report is free.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this.last_img read more

New Zealand run riot to thrash France in Cardiff Quarter Final

first_imgSaturday Oct 17, 2015 New Zealand run riot to thrash France in Cardiff Quarter Final France were put to the sword by a commanding All Blacks performance that blew them away in Cardiff. The 62-13 victory included 9 outstanding tries, and well and truly avenged the famous loss of 2007 at the same venue.Julian Savea scored a hat-trick, with a few runs that were perhaps the closest he’s ever come to emulating the unstoppable might of Jonah Lomu at his best.As good as New Zealand were though, France were poor, slipping tackles and never really fronting up physically. A yellow card to their most impressive forward didn’t help matters.The All Blacks will face the Springboks in the Semi Final next weekend. More to follow.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Rugby World Cup Related Articles 25 WEEKS AGO If you can get your head around it, these… 47 WEEKS AGO You’ve never seen any Rugby World Cup drop… 49 WEEKS AGO TOP 10: Rugby World Cup 2015 was filled with… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life Reports30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Seriously ill dissident editor granted early release

first_img Organisation VietnamAsia – Pacific Follow the news on Vietnam to go further Receive email alerts Three more independent reporters arrested in Vietnam April 22, 2021 Find out more News Last November, Reporters Without Borders accused the Vietnamese government of criminal behaviour for refusing to release Father Ly although he was partially paralysed: http://www.rsf.org/Information-about-imprisoned.html VietnamAsia – Pacific Several sources said Father Ly returned yesterday to the archdiocesan residence in the city of Hue where he used to live and has received visits from relatives and friends there. One of his relatives told an international radio station that he had been given a one-year parole on “humanitarian grounds.” For the time being he will have to reside in the archdiocese’s retreat house pending an improvement in his health. April 7, 2021 Find out more Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prisoncenter_img Reporters Without Borders welcomes the release of Father Nguyen Van Ly, one of the editors of the dissident publication Tu do Ngon luan, whose health deteriorated drastically while held in Ba Sao prison in the north of the country. “The authorities have finally shown a minimum of compassion towards Father Ly, who suffered a stroke in his cell,” Reporters Without Borders said. “We hope he will be able to convalesce without being under constant police surveillance and we urge the authorities to abandon any idea to sending him back to prison.” Arrested in 2007 and sentenced to eight years in prison because of his articles criticising the government, Father Ly has become a symbol of peaceful opposition to Vietnam’s one-party state. March 16, 2010 – Updated on January 20, 2016 Seriously ill dissident editor granted early release April 27, 2021 Find out more RSF laureates support jailed Vietnamese journalist Pham Doan Trang News RSF_en News News Help by sharing this information last_img read more

UTPB dance team auditions deadline extended

first_img Pinterest Facebook By Odessa American – May 26, 2021 Twitter Twitter TAGSdanceUniversity of Texas Permian Basin UTPB dance team auditions deadline extended Local NewsUTPBcenter_img Previous articleGet your kitchen summer readyNext articleCouncil approves $8.3 million animal shelter Odessa American Facebook WhatsApp Pinterest The video submission deadline for the University of Texas Permian Basin dance team has been extended until 5 p.m. June 1.They can be sent to [email protected] will be notified by June 2. In-person tryouts for finalists is June 5.Finalists must be admitted to UTPB by the June 5 tryout to be eligible.Scholarships are available for team members. Visit tinyurl.com/4kbk36ma for more information. WhatsApplast_img read more

Mormon church comes out in opposition to Utah’s medical marijuana ballot initiative

first_imgiStock/Thinkstock(SALT LAKE CITY) — Utah has yet to officially add a ballot initiative allowing residents to vote for allowing medical marijuana, but one of the state’s biggest institutions is coming out against it.The Church of Jesus Christ of Latter-day Saints (LDS) issued a memorandum prepared by the church’s regular legal firm, Kirton McConkie, with 31 different “legal issues” supporting its stance against allowing marijuana for medicinal use.The required 200,000 signatures to put the ballot initiative to voters in November was submitted for review on April 16, according to official reports. The church said in April — two days after the signatures pushing for the initiative to be added to the ballot were submitted — that it did not support the move.The analysis on Friday went into great detail about why it opposes medical marijuana use in Utah.“We wanted to know what the initiative would actually do, if adopted,” the Mormon church said in a statement on Friday. “The law firm’s memorandum with its analysis follows. That memorandum raises grave concerns about this initiative and the serious adverse consequences that could follow if it were adopted.”Among the 31 issues with the initiative include the following:It will allow some people to grow their own marijuana.It will create significant challenges for law enforcement.Dispensaries will be allowed to give free samples to card holders.People with prior convictions will be allowed to get a card.It does not require a person to get a doctor’s prescription.Marijuana will become more accessible to minors.Dispensaries need only to be located 600 feet from schools, churches and playgrounds.One of the issues noted by the Mormon church is also that possession and cultivation of marijuana is still a federal crime.Utah’s governor, Gary Herbert, has already come out against the new initiative as well, saying it has “significant flaws.”“It lacks important safeguards regarding its production and utilization, and would potentially open the door to recreational use,” Herbert said in a statement on March 29.“We need to be cautious as we test and introduce cannabis into our formulary,” he added. “I believe the consequences of this initiative, even if they are unintended, will do more harm than good.”The Utah Patients Coalition spearheaded adding the measure to this November’s ballot, donating more than $300,000 to the cause, according to public disclosure records.“This plant can help those suffering from conditions such as cancer, epilepsy, autism, PTSD, AIDS, MS, ALS, Crohn’s, chronic pain and more. And after a successful vote in November, thousands of Utahans suffering from these conditions will no longer have to fear punishment from their government simply because they are looking for relief and healing,” DJ Schanz, a member of the Utah Patients Coalition, said in a statement.About 67 percent, or 2,090,401 members, of Utah’s population is Mormon, according to the church.According to a Pew Research study from 2011, 66 percent of Mormons call themselves politically conservative and 74 percent lean toward the Republican Party.In accordance with the Word of Wisdom, founder Joseph Smith’s doctrine, the Mormon faith forbids members to drink coffee, tea and alcohol; smoke; or use recreational drugs.Currently, 29 states and Washington, D.C., have legalized or decriminalized medical marijuana, while 16 other states — including Utah — allow cannabis oil, according to Ballotpedia.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Coronavirus update: ‘The worst is yet to come,’ WHO official says

first_imgOvidiu Dugulan/iStockBy MORGAN WINSOR, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 502,000 people worldwide.Over 10.1 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some governments are hiding the scope of their nations’ outbreaks.Since the first cases were detected in China in December, the United States has become the worst-affected country, with more than 2.5 million diagnosed cases and at least 125,824 deaths.Here’s how the news is developing Monday. All times Eastern:5:32 p.m.: U.S. airlines to strengthen travel policiesAll major U.S. airlines will now require passengers to answer a health assessment during the check-in process, which includes agreeing to wear a face mask on board.Airlines for America, the industry trade organization representing seven U.S. airlines, announced the new procedures for all passengers. They include agreeing to wear a face covering at the airport, on the jet bridge and on the plane; offering assurance that they are free of COVID-19 symptoms, such as coughing or loss of taste or smell; and offering assurance that they have not had exposure to someone who tested positive or had COVID-19 symptoms in the last 14 days.Alaska Airlines, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines and United Airlines now or will require passengers to complete the temporary health acknowledgment during the check-in process, the organization said.3:06 p.m.: WHO official warns pandemic is not close to overOfficials from the World Health Organization gave strong warnings about the pandemic, telling reporters COVID-19 is “not even close to being over.”Tuesday marks the six-month anniversary since the organization was first notified about the virus and WHO Director-General Dr. Tedros Adhanom Ghebreyesus said people need to reflect on the progress made and the road ahead.“None of us could have imagined how our world, and our lives would be thrown into turmoil by this new virus,” he said.Tedros urged global solidarity in fighting the disease and increases seen across the world.“The worst is yet to come,” he said.2:38 p.m.: New Jersey backtracks on planned indoor dining reopeningGov. Phil Murphy announced that New Jersey will pause its reopening of the state’s indoor dining, which was slated for Thursday.Murphy cited “spikes” in cases in other parts of the country where restrictions on indoor dining were lifted.“We have been cautious throughout every step of our restart,” he tweeted. “We’ve always said that we would not hesitate to hit pause if needed to safeguard public health. This is one of those times.”2:15 p.m.: Utah governor urges Pence to encourage face coveringsUtah Gov. Gary Herbert told Vice President Mike Pence during his weekly conference call with governors that his state is becoming complacent and led to a “spike” in cases over the last three or four weeks, according to audio obtained by ABC News.While Herbert, a Republican, stressed that the state’s fatality rate is .8%, he urged Pence and the president to send a message to the public that wearing a face covering is the best way to fight the pandemic.“I think mister vice president if you and President Trump could say — not as necessarily a mandate but as a best practice, ‘If you want to stop the spread, if you want to slow down the spread, as a best practice … we recommend that you wear a mask,’” Herbert said.Pence responded by reiterating that the administration would support leaders who promote face coverings.“We were in Texas yesterday and we made it very clear that people should wear a mask whenever state local authorities indicate that it’s appropriate, or when social distancing is not possible,” the vice president said.2:07 p.m.: Planet Fitness responds to case in West Virginia locationPlanet Fitness said it is working with health officials after one of its members tested positive for the virus in West Virginia. At least 200 people who use the gym on Fort Pierpont Drive in Morgantown have been asked to quarantine for 14 days.“We will continue to take every necessary precaution to ensure the safety of our community, and we have taken a number of steps across all of our locations, which include enhanced cleanliness and sanitization policies and procedures, extensive training for staff, physical distancing measures, reducing physical touch points in the club with touchless check-in, and more,” the company said in a statement.1:30 p.m.: WHO official asked about Trump’s ‘kung-flu’ commentsOfficials from the World Health Organization were asked during their daily briefing about their thoughts on the president using racist terminology to talk about the pandemic.WHO emergencies Chief Dr. Mike Ryan didn’t refer to Trump by name but said, “many people have used unfortunate language in this response.” During a rally in Tulsa, Oklahoma, Trump referred to the pandemic as “kung-flu,” to a laughing crowd of supporters.“It is unfortunate if our global discourse is reduced to base language. That never helps,” Ryan said.The official added WHO would like to see a discourse that was more appropriate from all world leaders.“In that sense, we encourage all people, at all levels, and in all countries to use language that is appropriate, respectful and is not associated with any connotations that are negative,” Ryan said.WHO officials added they are sending a team to China to investigate the virus’ origins and emphasized the important of strong contact tracing programs. 12:21 p.m.: Cuomo pushes Trump to mandate face coverings as cases decline in NYNew York Gov. Andrew Cuomo slammed the federal government and other states for not doing enough to curb the rise in COVID-19 cases and urged them to enforce safeguards.Cuomo specifically called on President Donald Trump to sign an executive order that would mandate face coverings across the nation.“We did it two months ago … the other states are just starting to this now,” he said. “Let the president lead by example. Let the president put a mask on.”Cuomo said he is concerned that the rise of coronavirus cases would hurt New York, which was once the epicenter of the pandemic but is now on a decline in the number of cases and deaths. At its peak in the beginning of April, the state saw its three-day average of new COVID-19 deaths around 763, and on Sunday, that three-day average was eight, according to Cuomo.The governor also unveiled a sculpture of a mountain made of Styrofoam that he said symbolized the state’s coronavirus case curve.“I wanted to show New Yorkers what they did,” he said. “And remember what we went through.” 11:39 a.m.: Broadway shows suspended for rest of yearNew York City’s iconic Broadway shows will be suspended through the rest of the year due to the coronavirus pandemic.The Broadway League, the national trade association for the Broadway industry, made the announcement Monday, saying theaters are now offering refunds and exchanges for tickets purchased for all performances through Jan. 3, 2021. The organization said it’s working with city and state officials as well as key experts “to formulate the best plan to restart the industry.”Broadway shows were initially suspended on March 12 at the start of the pandemic. There were 31 productions running at that time, while an additional eight were in rehearsals preparing to open in the spring.Returning productions are currently projected to resume performances over a series of rolling dates early next year. Tickets for performances next winter and spring are expected to go on sale in the coming weeks, according to the Broadway League.“The Broadway experience can be deeply personal but it is also, crucially, communal,” Thomas Schumacher, chair of the board of the Broadway League, said in a statement Monday. “The alchemy of 1000 strangers bonding into a single audience fueling each performer on stage and behind the scenes will be possible again when Broadway theatres can safely host full houses. Every single member of our community is eager to get back to work sharing stories that inspire our audience through the transformative power of a shared live experience. The safety of our cast, crew, orchestra and audience is our highest priority and we look forward to returning to our stages only when it’s safe to do so. One thing is for sure, when we return we will be stronger and more needed than ever.”11:02 a.m.: New York City’s indoor dining ‘now in question,’ mayor saysWhile New York City prepares to enter the next phase of its reopening plan, Mayor Bill de Blasio said Monday that indoor dining “is now in question.”De Blasio said the city is on track to move into phase three of reopening next Monday, but he will reexamine the indoor dining element and possibly pause or modify it. The mayor said he will have more to say on the issue in the coming days.However, de Blasio said outdoor dining is “clearly working.” The mayor announced that barbecue areas in the city’s parks will be reopened for the upcoming Fourth of July weekend.New York City, once the epicenter of the novel coronavirus outbreak in the United States, entered phase two of reopening last week, which allowed restaurants to resume outdoor dining services.De Blasio said the COVID-19 indicators — including the daily number of hospitalizations and patients in intensive care — remain below the desired thresholds.“The New York City story is pretty damn good,” the mayor told reporters Monday.10:36 a.m.: UK needs an interventionist approach to economy, prime minister saysThe United Kingdom should take an activist and interventionist approach to the economy to help it recover from the coronavirus crisis, British Prime Minister Boris Johnson said Monday.“I believe personally that what the government has got to do right now is keep going with an activist, interventionist approach,” Johnson told reporters. “But that’s the way also to get business to be confident, to start investing, to start taking people back and start creating new jobs and driving new growth.”The United Kingdom has been hit hard by the coronavirus pandemic. The country has one of the highest death tolls from COVID-19 in the world, after the United States and Brazil.Meanwhile, a recent forecast from the Bank of England predicts the United Kingdom is heading for its worst economic downturn in more than 300 years.9:05 a.m.: Putin says he ‘regularly’ gets tested for COVID-19Russian President Vladimir Putin said he gets tested for the novel coronavirus every “three to four days,” according to a new interview with state-run television channel Rossiya-1. So far, Putin said all his tests results have been negative, “thank god.” The Russian leader admitted that having to work from home was a challenge for him because he enjoys having direct communication with other people.On Monday, Russia’s coronavirus headquarters reported 6,719 new cases of COVID-19, bringing the nationwide total to 641,156. Russia has the third-highest number of diagnosed cases in the world, after the United States and Brazil, according to a count kept by Johns Hopkins University. Russia’s death toll from the disease now stands at 9,166, after an additional 93 patients died over the past 24 hours, according to the country’s coronavirus headquarters.8:20 a.m.: Americans must ‘act responsibly,’ health secretary saysAmid a spike in coronavirus infections across the United States, Health and Human Services Secretary Alex Azar is calling on Americans to practice social distancing and wear face masks as people return to work and school. “We have all got to as Americans act responsibly, even as we reopen and get back to work, get back to school and get back to health care, we’ve got to practice social distancing. We’ve got to use face coverings when we can’t practice social distancing,” Azar told ABC News chief anchor George Stephanopoulos in an interview Monday on Good Morning America.Many areas in the southern part of the country are now experiencing “very serious outbreaks,” where the average age of people testing positive for COVID-19 is reportedly 35 or younger and many are asymptomatic, according to Azar. “We have a lot more tools now than we had two months ago,” he said, “but still there is a heavy burden on us in terms of our collective responsibility as individuals when we reopen.”7:12 a.m.: Trump secures half a million treatment courses of remdesivirU.S. President Donald Trump has secured half a million treatment courses of remdesivir for American hospitals through September, Health and Human Services Secretary Alex Azar announced Monday. It’s the first antiviral medication to show effectiveness against the novel coronavirus in human clinical trials. “This is the drug that, if you’re hospitalized, can reduce the length of your stay by a third,” Azar told ABC News chief anchor George Stephanopoulos in an interview Monday on Good Morning America.The deal between the Trump administration and California-based drugmaker Gilead Sciences allows U.S. hospitals to purchase remdesivir in amounts allocated by the Department of Human and Health Services as well as state health departments. The federal government is working with states to make sure the drug “gets to the hospitals most in need,” Azar added.Gilead originally developed remdesivir to treat patients with Ebola virus disease. In May, the Food and Drug Administration authorized the drug for emergency use to treat patients hospitalized with severe cases of COVID-19. Since then, the U.S. government has been distributing treatment courses of remdesivir that were donated by Gilead. There is currently no FDA-approved products to treat or prevent COVID-19. Gilead announced Monday that it will charge $2,340 for a typical treatment course of remdesivir for patients covered by government health programs in the United States and other developed nations where the drug is authorized for use. The price would be $3,120 for patients with private health insurance in the United States.6:18 a.m.: Over 200 urged to quarantine after positive case at a Planet FitnessMore than 200 people in West Virginia are being asked to quarantine themselves and watch for symptoms after a gymgoer tested positive for COVID-19.The positive case is a client of Planet Fitness on Fort Pierpont Drive in Morgantown, and the Monongalia County Health Department is now urging members who were there between 9 a.m. and 3 p.m. local time on June 24 to stay home for 14 days since being exposed. An estimated 205 people were at the gym during that window of time.“They also should do their best to stay away from others in their household,” Dr. Lee B. Smith, Monongalia County health officer and executive director of the county’s health department, said in a statement Saturday. “Ways to do this would be to stay primarily in one area of the home and to wear a mask if you must be around others.”Individuals should not leave their homes until July 8 or unless to seek medical care. Those who develop symptoms should contact their primary care provider and get tested.West Virginia has seen an uptick in coronavirus infections in recent weeks. In the past 10 days, the Mountain State has reported an increase of about 400 COVID-19 cases. In the 10 days prior to that, the case count climbed by about 240, according to health officials.As of late Saturday afternoon, West Virginia had reported a total of 2,782 confirmed COVID-19 cases. Monongalia County currently has 152 cases, up 21 cases in the past 10 days, health officials said.Residents are encouraged to wear masks in public, wash hands thoroughly and often, and maintain a distance of six feet from others.“These measures have proven to slow the spread of COVID-19,” Dr. Smith said. “If we want to continue to open up businesses and avoid the need to reverse some of the steps we have taken, people must take these precautions seriously.”5:52 a.m.: New York records lowest rise in deaths since MarchNew York Gov. Andrew Cuomo announced on Sunday the state’s lowest death toll and hospitalizations from COVID-19 since the pandemic began.Just five new deaths were reported in New York state on Saturday — the lowest single-day increase since March 15. The statewide death toll now stands at 24,830, according to Cuomo.Hospitalizations also continued to drop — now below 900 — and less than 1% of COVID-19 tests were positive on Saturday, Cuomo said.There were 616 new cases confirmed, bringing the statewide total to 392,539, according to Cuomo.New York, once the epicenter of the coronavirus epidemic in the United States, and other northeastern states have made major progress in recovering from their outbreaks. Meanwhile, several southern and western states are experiencing an alarming surge in new infections.An ABC News analysis found that seven states — Arizona, Florida, Georgia, Idaho, South Carolina, Tennessee and Utah — have seen a record number of new cases since Friday.4:39 a.m.: China sees decline in new casesChina on Monday reported just 12 new confirmed cases of COVID-19 and no new deaths, as the country which was the original epicenter of the coronavirus pandemic continues to see a downward trend in infections.Five of the new cases were imported from overseas while seven were cases of domestic transmission in Beijing, where more than eight million of the city’s 21 million residents have been tested for the novel coronavirus in recent weeks. The Chinese capital has seen a recent spike in infections, though the number of new cases reported there on Monday was down by half from the previous day, according to China’s National Health Commission.Overall, the Chinese mainland has reported 83,512 confirmed cases of COVID-19 with at least 4,634 deaths. There are still 418 patients receiving treatment for the disease, while another 112 are under observation for testing positive without showing any symptoms or for being suspected cases, according to the National Health Commission.3:42 a.m.: US reports more than 38,800 new casesMore than 38,800 new cases of COVID-19 were identified in the United States on Sunday, according to a count kept by Johns Hopkins University.The latest daily caseload is down from the country’s record high of more than 45,000 new cases identified last Friday.The national total currently stands at 2,549,028 diagnosed cases with at least 125,803 deaths.The new cases include people from all 50 U.S. states, Washington, D.C., and other U.S. territories as well as repatriated citizens.By May 20, all states had begun lifting stay-at-home orders and other restrictions put in place to curb the spread of the novel coronavirus. The day-to-day increase in cases then hovered around 20,000 for a couple of weeks before shooting back up to over 30,000 and then crossing 40,000 last week.Nearly half of all 50 states have seen a rise in infections in recent weeks, with some — such as Florida, South Carolina and Georgia — reporting daily records. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Staff input brings flexible working

first_imgSouth Tyneside Council has called on employees to help redesign itswork-life balance scheme as part of a major development programme. The council took an innovative work-life balance roadshow around the NorthEast to canvas opinion from 9,000 staff members and gather ideas on how toimprove the organisation. Following a period of consultation, the HR team at South Tyneside hasintroduced flexi-time, with no requirement to work core hours. HR director Stephen Moir said that staff felt more engaged in the wholescheme because they helped design it. “It makes work-life balance much easier to manage and it’s been reallywell received by everyone – especially those with children. Staff feel they’vedesigned something workable,” he said. The council is now compiling information, which will form a work-lifebalance toolkit for employees to follow. He said that many line managers had concerns about how the system wouldwork, but through consultation and careful briefing, the scheme had beenimplemented successfully. “It’s really about educating the managers as much as the staff. I thinkit will reduce short-term sickness, and it’s a great marketing tool in terms ofrecruitment and retention,” added Moir. The changes have highlighted the need for greater leadership skills withinthe council and 29 members of the team have been sent on an intensiveleadership course, with the next tier of managers already lined up to attendthe programme. “The way jobs are changing in the public sector means it’s becomingmore important for people to be effective leaders rather than being strong onthe technical side,” said Moir. By Ross Wigham Previous Article Next Article Comments are closed. Related posts:No related photos. Staff input brings flexible workingOn 9 Mar 2004 in Personnel Todaylast_img read more

Alliance to hold 1st title game in Las Vegas

first_img FacebookTwitterLinkedInEmailLAS VEGAS (AP) — The Alliance of American Football will stage its championship game in Las Vegas.The new eight-team league, which begins play on Feb. 9 — the weekend after the Super Bowl — will conclude with a Saturday night title match on April 27 on CBS. That game will be held at Sam Boyd Stadium, home to the Las Vegas Bowl and the UNLV football team.Under a two-year deal, the 2020 championship will also be decided at that venue.“Las Vegas has a proven track record of success hosting large-scale sporting events, making it an ideal destination for our championship games,” said Charlie Ebersol, co-founder and CEO of the Alliance.The Alliance, which will have a 10-game season, does not have a franchise in Las Vegas. It’s teams are in Orlando, Salt Lake City, San Diego, Phoenix, San Antonio, Memphis, Birmingham and Atlanta. Tags: Alliance of America Football/Football/Salt Lake Stallions Written by October 23, 2018 /Sports News – Local Alliance to hold 1st title game in Las Vegas Associated Presslast_img read more