BP shares: 3 reasons I’ll avoid them

first_img Image source: Getty Images. Andy Ross | Wednesday, 5th August, 2020 | More on: BP BP shares: 3 reasons I’ll avoid them Following in the footsteps of its rival Shell, BP (LSE: BP) has now had to cut its dividend. It was a move widely expected, but that will be little comfort to investors, especially those looking for income. BP last reduced its dividend in 2010, when it was suspended for three quarters following the deadly Deepwater Horizon rig explosion.The latest from BPAlongside the dividend cut, BP also posted a $6.7bn quarterly loss after the coronavirus pandemic hit global demand for oil.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…Funnily enough, the bad news led to the shares rising on the day of the announcement. I expect though that the rise is a temporary reprieve. I believe the shares are likely to keep heading down. That’s one reason why I’ll be avoiding BP shares.Why BP shares could go lowerBP shares and BP as a company are reliant on the oil price. That in turn is reliant on OPEC, which we’ve seen this year already is prone to internal disagreements that can massively impact the oil price. This lack of pricing control, I think, is a massive risk for BP.Even a move away from oil won’t be easy. BP has said it would increase its low-carbon spending tenfold by 2030, versus current levels, to $5bn a year. That’s out of a total budget of around $15bn. And it will boost its renewable power generation to 50 gigawatts.Over the next decade, BP forecasts that oil and gas production will fall by at least a million barrels of oil a day, or 40% compared to 2019. It plans to invest in renewables and bioenergy, as well as hydrogen, and carbon capture and storage technology.This all costs money. Capital expenditure (capex) will remain high for a long time to come, which will keep a check on dividend growth, another reason I’ll avoid the shares.And my third reason? BP’s huge debt should also hold back dividend growth. Even in an industry where debt is usual, BP’s seems extraordinarily high. It holds $40.9bn in net debt after raising $19bn in new debt in the second quarter.Final word on BP sharesMany will argue that the shares are now too cheap on a trailing P/E of 18 and with the share price down around 42% over the last 12 months. Bulls can point to a recovering economy in China and potentially in other parts of the world as reasons for optimism. I’m not convinced. In the short term, maybe BP shares will recover. Especially now some of the expected bad news is out of the way. However, longer term I see little attraction. Even more so now the dividend is significantly lower.I know I’ll be staying well clear of oil shares generally and as far away as I can from BP shares. The company has a problem with its debt and isn’t making the strides towards renewables that other energy companies are. I think it may be addicted to black gold, despite its new plans. The problem is its customers are becoming less and less addicted. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Andy Ross Andy Ross owns no share 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. 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.center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Simply click below to discover how you can take advantage of this. 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. Our 6 ‘Best Buys Now’ Shareslast_img read more

Convocation of Episcopal Churches in Europe wears World Cup fever…

first_img Press Release Service Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Albany, NY The Rev. Sunny Hallanan shows off her Belgian Red Devils shirt on the House of Deputies floor before the July 10 World Cup semifinal match between Belgium and France. Photo: David Paulsen/Episcopal News Service[Episcopal News Service – Austin, Texas] There are 110 dioceses represented at the 79th General Convention, and for most of them, World Cup fever passed them by, without a U.S. soccer team to cheer for.There is one obvious exception: the Convocation of Episcopal Churches in Europe.It helps that all four teams remaining in the World Cup at the start of July 10 were from Europe, and three of those teams have fans in the Convocation’s deputation. The evidence is as plain as the large French flag stretching across the backs of the deputation’s chairs and the Belgium Red Devils shirt worn by the Rev. Sunny Hallanan of All Saints’ Episcopal Church in Waterloo, Belgium.“The general atmosphere in my country is good when we win,” Hallanan said, so you could say she’s also cheering for Belgium in the interest of pastoral care.The deputation spoke with Episcopal News Service around lunchtime July 10, after attending the latest TEConversation in the House of Deputies and before the start of afternoon legislative session at 2:30 p.m. So what to do about the 1 p.m. semifinal match between France and Belgium, which ran through the beginning of the legislative session?Anne Swardson, a lay deputy from the American Cathedral in Paris, said she and the others won’t try to watch the match from the house floor, but they will be waiting for mobile alerts when one team scores or wins.“You’ll see us react,” said Helena Mbele-Mbong, the other France fan. She is a lay leader deputy from Emmanuel Episcopal Church in Geneva, but lives near the Swiss border in the town of Gex, France.“If it was the World Series, they would interrupt the session to announce the outcome,” Swardson said, but she and the others from Europe aren’t expecting the Rev. Gay Clark Jennings, the deputies’ president, to do so for the World Cup results. (Post-match update: France beat Belgium, 1-0, and the business of House of Deputies marched on.)A French flag is stretched from chair to chair as the deputation from the Convocation of Episcopal Churches in Europe discusses the presentations July 10 in the TEConversations session. Photo: David Paulsen/Episcopal News ServiceSwardson said she was able to watch three matches earlier in the tournament at a corner sports bar near the Austin Convention Center, and members of the deputation have been following the action whenever possible – but not at the expense of their legislative duties, of course.“We’ve all been attending, as Gay Jennings would want us to,” Hallanan said.Full ENS coverage of the 79th meeting of General Convention is available here.In interest of full disclosure, the Rev. Sunny Hallanan may have offered an ENS reporter a Belgian treat as a bribe to root for Belgium, and it may have worked. Photo: David Paulsen/Episcopal News ServiceAs for the rest of the remaining World Cup field, the Rev. Christopher Easthill is priest-in-charge at the Church of St. Augustine of Canterbury in Wiesbaden, Germany, but a native Englander, so he’ll be rooting for England, which plays Croatia on July 11. Yvonne Cockcroft and David Case are both from the Church of the Ascension in Munich, and they too are cheering for their home country of England.Germany was knocked out of the tournament in an earlier round, making the choice of allegiance that much easier.And then there is the Rev. Richard Cole, a deputy and deacon from Switzerland. “I’m no longer interested,” he said humbly. His team was another early exit from the World Cup.As a consolation, though, Cole has Wimbledon to fall back on. The Swiss great Roger Federer has made it to the quarterfinals, with a tennis match scheduled for July 11.– David Paulsen is an editor and reporter for the Episcopal News Service. He can be reached at [email protected] Tags Missioner for Disaster Resilience Sacramento, CA Rector Hopkinsville, KY Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Convocation of Episcopal Churches in Europe wears World Cup fever on its sleeve Associate Priest for Pastoral Care New York, NY Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Belleville, IL Greg Garrett says: Associate Rector for Family Ministries Anchorage, AK Cathedral Dean Boise, ID Associate Rector Columbus, GA Youth Minister Lorton, VA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector/Priest in Charge (PT) Lisbon, ME Rector Shreveport, LA General Convention 2018 Assistant/Associate Priest Scottsdale, AZ Submit a Press Release Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Comments (1) Rector Pittsburgh, PA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Assistant/Associate Rector Washington, DC Rector and Chaplain Eugene, OR Priest-in-Charge Lebanon, OH Featured Jobs & Calls Submit a Job Listing Priest Associate or Director of Adult Ministries Greenville, SC Curate Diocese of Nebraska center_img Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Comments are closed. Rector (FT or PT) Indian River, MI Rector Tampa, FL Rector Washington, DC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT New Berrigan Book With Episcopal Roots Cascade Books Rector Smithfield, NC Submit an Event Listing Family Ministry Coordinator Baton Rouge, LA Bishop Diocesan Springfield, IL July 11, 2018 at 6:20 am Here at the American Cathedral in Paris, World Cup fever is high. You can’t avoid it! After the French win last night, Parisians cheered, sang, honked, and set off fireworks until the wee hours. I’m also rooting for England, where I hung out with a number of CoE priests and theologians last week, some of whom are huge fans, one of whom said that summer is cricket season and football should mind its manners. I will be torn–in a really good way–if we end up with a France/England final. But it is so fun to be at ground zero for this biggest show on earth. Now if we could only involve Bishop Curry somehow… This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Martinsville, VA Director of Administration & Finance Atlanta, GA Assistant/Associate Rector Morristown, NJ By David PaulsenPosted Jul 10, 2018 Canon for Family Ministry Jackson, MS Director of Music Morristown, NJ Featured Events An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Collierville, TN TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Bath, NC General Convention, In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Course Director Jerusalem, Israel Rector Knoxville, TN The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group last_img read more

Walan Residential Development / bureau^proberts

first_img 2018 CopyAbout this officebureau^probertsOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsBuildingsResidentialKangaroo PointAustraliaPublished on July 19, 2019Cite: “Walan Residential Development / bureau^proberts” 19 Jul 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogFaucets / SinkshansgroheKitchen SinksGlass3MSun Control Window Film in MarkthalPartitionsSkyfoldIntegrating Operable Walls in a SpaceRetractable StructuresShadeFXRetractable Canopies in Beverly HillsPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsWoodSculptformTimber Tongue and Groove CladdingSkylightsVELUX CommercialLonglight 5-30° – Modular SkylightsBars / Wire / MeshJakobWebnet – Sports NetSuspension SystemsMetawellAluminum Panels for Ceiling SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteHanging LampsLuminisPendant Lights – HollowcoreHandicap BathroomAamsco Lighting, Inc.Mirror-Lux LED Illuminated MirrorMore products »Save想阅读文章的中文版本吗?Walan公寓,空中展现昆士兰风格 / bureau^proberts是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/921387/walan-residential-development-bureau-proberts Clipboard Australia Architects: bureau^proberts Area Area of this architecture project Walan Residential Development / bureau^probertsSave this projectSaveWalan Residential Development / bureau^probertsSave this picture!© Christopher Frederick Jones+ 15Curated by Paula Pintos Share Walan Residential Development / bureau^proberts ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/921387/walan-residential-development-bureau-proberts Clipboard CopyApartments, Residential•Kangaroo Point, Australia Area:  8000 m² Year Completion year of this architecture project ArchDaily Hutchinson Builders “COPY” Photographs Photographs:  Christopher Frederick Jones Contractor: Apartments Client:GBW GroupCity:Kangaroo PointCountry:AustraliaMore SpecsLess SpecsSave this picture!© Christopher Frederick JonesRecommended ProductsEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornMetallicsKriskadecorMetal Fabric – Outdoor CladdingFiber Cements / CementsApavisaTiles – Nanofusion 7.0Enclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAText description provided by the architects. This 14-story residential development, located at the river’s edge and adjacent to the Kangaroo Point cliffs, is a contemporary take on the traditional ‘Queenslander’. Liam Proberts, bureau^proberts Managing, and Creative Director say Walan can be described as ‘Queenslanders in the sky’.Save this picture!© Christopher Frederick JonesSave this picture!Level 13 PlanSave this picture!© Christopher Frederick Jones“Walan breaks the mold of apartment buildings over the last decade and represents a new era of design for our climate and lifestyle in the river city,” Liam says. “We thought of each floor like a house in its size and connection to the outside. In a nod to the traditional Queenslander, all rooms open to a veranda edge, providing cross-ventilation while maintaining privacy.Save this picture!© Christopher Frederick JonesThis connection to the cliffs was a driver for the external expression of the project and its unique façade of specially-designed screens. They reference the fissures and openings of the surrounding cliffs, embedding the building in the landscape of Kangaroo Point. Importantly, the screens also provide a veil between living spaces and external spaces — while modulating the light and heat of the entirely-glass building. Each whole-of-floor residence has a unique pocket garden, reminiscent of the cliffs and river-scape.Save this picture!© Christopher Frederick JonesHallways connect with external spaces on the main street elevation, meanwhile, full-size trees and shrubs will grow up over two stories — creating a similar feel to a mature garden in a traditional house. The screens are sculptured and face a slightly different angle, which creates complexity in the design as well as contributing to the individuality of each residence and house-like feel. Walan is the second collaboration between bureau^proberts and developer, Cam Ginardi of GBW Group. It follows the international success of their first collaboration on the SILT apartments, situated beneath Brisbane’s iconic Story Bridge in Kangaroo Point.Save this picture!© Christopher Frederick JonesIn terms of Walan, Ginardi believes the completely sold-out development is proof that there are a growing demand and appreciation for high-end, well-designed, whole-of-floor apartment living. The design of Walan maintains the existing heritage building on the site, designed by Elina Mottram (Queensland’s first registered female architect). The building concept is integrated as part of the entire external connections that open to the street and allow it to become part of its inner-city environment.Save this picture!© Christopher Frederick JonesProject gallerySee allShow lessBarefoot Photography Studio / Quarta & ArmandoSelected ProjectsAltzaga School / azabSelected ProjectsProject locationAddress:Kangaroo Point QLD 4169, AustraliaLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” Year:  Projectslast_img read more

Pasadena’s Trattoria Neapolis Out, Orange County’s Bru Grill In

first_imgOrange County’s Bru Grill is making moves into Pasadena, landing a new location on Lake Avenue where the beautiful Trattoria Neapolis used to be. Make a comment Cover Story Pasadena’s Trattoria Neapolis Out, Orange County’s Bru Grill In From STAFF REPORTS Published on Monday, May 23, 2016 | 6:33 pm Subscribe Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyWhat’s Your Zodiac Flower Sign?HerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeauty “We are grateful for the reviews and awards we have received. We appreciate our wonderful staff for all their hard work. We thank our fantastic customers for all their support. After two and a half great years Trattoria Neapolis will permanently close. It has been a true pleasure,” said the Goodbye Sign. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Blogger Victor Caballero writes Bru will “raise the stakes on an already burgeoning area, which includes some recent addition of Paul Martins, Del Frisco, and upcoming Arbour and Urban Plates.” Trattoria closed on February 1, weeks after a menu and chef overhaul which brought in chef Clinton McCann and dropped much of the pasta in favor of an Italian steakhouse concept. The swap didn’t work and the gorgeous restaurant with its amazing interior sadly folded. No opening date on the location at 336 S. Lake Avenue has been announced. More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS As to whether Pasadena continues the trend still remains to be seen.center_img Bru Grill is getting into that space, says LA Eater, to bring into Pasadena its comfort food options – burgers, pizzas and steaks, and craft beer. The Orange County Register reports restaurant’s Lake Forest outlet has 100 beers available with regional wines to boot. The outlet’s retail market space also offers takeaway sales. Business News Community News Top of the News When it did say goodbye and thank you, Trattoria’s management said they were proud of the restaurant’s food, drink, service and ambiance. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday To learn more about Bru Grill, visit www.brugrill.com. First Heatwave Expected Next Week 10 recommended0 commentsShareShareTweetSharePin it Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Name (required)  Mail (required) (not be published)  Website  Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

‘What Propelled The Decision To Constitute Reconstruction Scheme For YES Bank And Why The Same Can’t Be Done For PMC Bank’: Delhi HC Directs Centre and RBI To Submit Affidavits

first_imgNews Updates’What Propelled The Decision To Constitute Reconstruction Scheme For YES Bank And Why The Same Can’t Be Done For PMC Bank’: Delhi HC Directs Centre and RBI To Submit Affidavits Karan Tripathi25 Jun 2020 9:55 PMShare This – xDelhi High Court has directed the Union Finance Ministry as well as the Reserve Bank of India to file detailed affidavits stating the reasons which propelled them to constitute a Reconstruction Scheme for the YES Bank. The Single Bench of Justice Rajiv Shakdher further asked both the Union and the RBI to state in their affidavits as to how the depositors of PMC Bank are…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginDelhi High Court has directed the Union Finance Ministry as well as the Reserve Bank of India to file detailed affidavits stating the reasons which propelled them to constitute a Reconstruction Scheme for the YES Bank. The Single Bench of Justice Rajiv Shakdher further asked both the Union and the RBI to state in their affidavits as to how the depositors of PMC Bank are differently circumstanced in comparison to the depositors of Yes Bank. The order has come in a writ petition filed by Nr Sandeep Bhalla seeking a direction to the Reserve Bank of India to issue a statement on timeliness and safety of deposits held by the depositors in the PMC Bank and to ensure payments to make sure that the petitioners and depositors are paid their money in full along with interest. The Petitioner further wants RBI to issue necessary instructions to allow the petitioners and depositors particularly senior citizens to withdraw amounts up to the interest on their deposits so as to enable them to make their living/ for subsistence. During the latest hearing, Union of India informed the court that it has not invested any funds in Yes Bank. It was further informed to the court by the concerned Union Ministry that the investors, which includes the State Bank of India had invested, in the share capital of YES Bank, upon sanction being accorded by it to the YES Bank Limited Reconstruction Scheme, 2020. After perusing the affidavits filed by both the RBI and the Union of India, the court observed that: ‘what has emerged upon perusal of the notification is that, both, the Reserve Bank of India as well as the UOI had a crucial role to play in the decision taken to: permit, firstly, the Reconstruction Scheme being brought into play and, secondly, to have it funded.’ In light of this, the court directed the RBI to file an affidavit highlighting as to what propelled it to take action in the “public interest” to secure the interest of the depositors of Yes Bank and the reason why the Union of India accorded sanction to the Reconstruction Scheme. In addition to this, the Union of India is also supposed to file an additional affidavit indicating the shares it holds in SBI and the representation it has on the SBI’s Board of Directors. All these affidavits are to be filed within 3 weeks. In the last hearing, the court had directed the Finance Ministry to file an affidavit indicating as to whether it intends infusing funds to render financial support to PMC Bank. In the affidavit, the PMC Bank had to inform the court about the following: whether or not the sale of assets of the promoter-directors of HDIL has taken place. In case, the sale of assets has taken place, the status report will, inter alia, indicate as to the amount that has been garnered and the assets sold. status report will also give the details of the assets which have not been sold. The market value and the realizable value will be set out in the status report. Status report will indicate as to the steps taken for the sale of these assets. The court will next take up the matter on August 08.Click Here To Download Order[Read Order] Next Storylast_img read more

DAR promotes constitution week awareness

first_img Remember America’s heroes on Memorial Day You Might Like PCHS students ‘leaving a legacy’ Pike County High School seniors Laken Maulden and Chelsey Holland attended the Lions Club Leadership Forum at Troy University during… read more Published 3:00 am Thursday, September 17, 2015 DAR promotes constitution week awareness DAR President General Lynn Forney Young said Constitution Week is the perfect opportunity to read and study the document, which is the safeguard of American liberties.“We encourage all citizens across the country to take time this week to reflect on our heritage of freedom and come together to celebrate America,” she said.DAR has served America for 125 years as its foremost cheerleader.In 1928, the Daughters began work on a building as a memorial to the Constitution. John Russell Pope, architect of the Jefferson Memorial, was commissioned to design the performing arts center known as DAR Constitution Hall. Today, DAR Constitution Hall is one of the only structures erected in tribute to the Constitution of the United States.DAR is known as the largest women’s patriotic organization in the world. DAR has more than 180,000 members with about 3,000 chapters in all 50 states and 13 foreign countries. Latest Stories Plans underway for historic Pike County celebration Email the author Print Article Md: Do This Immediately if You Have Diabetes (Watch) Today, Sept. 17, begins the national celebration of Constitution Week.“The week-long commemoration of America’s most important document is one of our country’s least known official observances,” said Claire Murphy, DAR John Coffee Chapter. “Our Constitution stands as a testament to the tenacity of Americans throughout history to maintain their liberties and freedom and to ensure those inalienable rights to every American.”Murphy said the tradition of celebrating the Constitution was started many years ago by the Daughters of the American Revolution (DAR). In 1955, the Daughters petitioned Congress to set aside Sept.17-23 annually to be dedicated for the observance of Constitution Week.center_img By Blood Sugar Blaster By Jaine Treadwell The resolution was later adopted by the United States Congress and signed into Public Law on Aug. 2, 1956, by President Dwight D. Eisenhower,” she said.The aims of the celebration are threefold.First, the celebration emphasizes citizens’ responsibilities for protecting and defending the Constitution, preserving it for posterity. Troy falls to No. 13 Clemson Book Nook to reopen The celebration informs the people that the Constitution is the basis for America’s great heritage and the foundation of the American way of life.“The celebration of the Constitution also encourages the study of the historical events that led to the framing of the Constitution in September 1887,” Murphy said.The United States of America functions as a Republic under the Constitution, which is the oldest document still in active use that outlines the self-government of a people.The landmark idea that men had the inalienable right as individuals to be free and live their lives under their own governance was the impetus of the American Revolution, Murphy said. “Today, the Constitution of the United States of America stands as an icon of freedom for people around the world.” Pike County Sheriff’s Office offering community child ID kits Sponsored Content Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe 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

More ‘Varsity Blues’ parents plead guilty as one parent who previously pleaded guilty in college admissions scandal assaulted by son

first_imgiStock/Graffizone(NEW YORK) — A few days before beverage magnate Gregory Abbott pleaded guilty to a conspiracy charge in connection with the college admissions cheating scam, police say he was beaten up by one of his children in the family’s swank Fifth Avenue home.Malcolm Abbott, who raps under the name “Billa,” repeatedly struck his father with a ruler, and punched, bit and kicked him inside the family’s New York home on Sunday, the NYPD said.Malcolm Abbott was arrested two days later and charged with assault in the second degree.Gregory Abbott and his wife Marcia, who split their time between New York and Aspen, pleaded guilty on Wednesday to paying a $125,000 bribe to inflate their daughter’s standardized test scores. Prosecutors said they would recommend a sentence of one year in prison.Abbott is the founder of the beverage distribution company International Dispensing Corp.Malcolm Abbott has used the criminal case against his parents to sell tee-shirts on his social media page. The shirts say “Free Education: Bill You Later.”Prosecutors said parenting guru Jane Buckingham paid Singer $50,000 to have Mark Riddell take the ACT on behalf of her son. Buckingham sent Singer a copy of her son’s writing sample, telling him as the plan came together, “I know this is craziness, I know it is. And then I need you to get him into USC, and then I need you to cure cancer and [make peace] in the Middle East.” Her family and friends sat in the front row of the courtroom during the proceedings.Prosecutors recommend Buckingham receive a sentence of 8 months and a fine of $40,000, and her sentencing is set for October 23.According to prosecutors, Los Angeles real estate CEO Robert Flaxman paid $250,000 to have Singer secure his son’s admission to the University of San Diego as an athletic recruit. Flaxman also paid $75,000 to have Riddell assist his daughter with her answers as she took her ACT exam.Prosecutors recommended that Flaxman receive a sentence of 8 months and a fine of $40,000, and his sentencing is set for October 18.Prosecutors said Marjorie Klapper, co-owner of a jewelry business in California, paid $15,000 to have Riddell proctor and correct her son’s ACT exam. Klapper told the judge today she “willingly and remorsefully” admits to her role in the scheme. Prosecutors recommend Klapper receive a sentence of 4 months and a fine of $20,000, and her sentencing is set for October 16.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Secretary Perdue Details USDA Functions in the Event of a Lapse in Federal Funding

first_imgSome farm payments (including direct payments, market assistance loans, market facilitation payments, and disaster assistance programs) will be continued for the first week of a shutdown.Market Facilitation Program payments.Trade mitigation purchases made by USDA’s Agricultural Marketing Service.Agricultural export credit and other agricultural trade development and monitoring activities. USDA’s Market News Service, which provides critically important market information to the agricultural industry.The following USDA activities would not be continued and would be shut down in an orderly fashion during a government funding lapse.  These activities include:Provision of new rural development loans and grants for housing, community facilities, utilities and businesses.All recreation sites across the U.S National Forest System, unless they are operated by external parties under a recreational special use permit.New timber sales.Most forest fuels reduction activities in and around communities.NASS statistics, World Agricultural Supply and Demand Estimates report, and other agricultural economic and statistical reports and projections.Investigation of packers and stockyards related to fraudulent and anti-competitive activities.Assistance for the control of most plant and animal pests and diseases unless funded by cooperators or other non-appropriated sources.Research facilities except for the care for animals, plants and associated infrastructure to preserve agricultural research.Provision of new grants or processing of payments for existing grants to support research, education, and extension.ERS Commodity Outlook Reports, Data Products, research reports, staff analysis, and projections.  The ERS public website would be taken offline.Most departmental management, administrative and oversight functions, including civil rights, human resources, financial management, audit, investigative, legal and information technology activities.Mandatory Audits (Financial Statements, FISMA, and potentially Improper Payments) will be suspended and may not be completed and released on the date mandated by law.After the first week, farm loans and some farm payments (including direct payments, market assistance loans, market facilitation payments for those producers who have not certified production, and disaster assistance programs).A summary of USDA’s shutdown plans can be found here.A list of shutdown plans by USDA agency and office can be found here.  Note that the National Finance Center information can be found on pages 7 to 9 of the Office of the Chief Financial Officer (OCFO) document on that page.FacebookTwitterCopy LinkEmailShare U.S. Secretary of Agriculture Sonny Perdue today detailed which functions of the U.S. Department of Agriculture (USDA) will remain available in the event of a lapse in government funding.“There may be a lapse in funding for the federal government, but that will not relieve USDA of its responsibilities for safeguarding life and property through the critical services we provide,” said Secretary Perdue.  “Our employees work hard every day to benefit our customers and the farmers, ranchers, foresters, and producers who depend on our programs. During a shutdown, we will leverage our existing resources as best we can to continue to provide the top-notch service people expect.”Some USDA activities will be shut down or significantly reduced and some USDA employees will be furloughed.  However, certain USDA activities would continue because they are related to law enforcement, the protection of life and property, or are financed through available funding (such as through mandatory appropriations, multi-year discretionary funding, or user fees).  For the first week of a potential shutdown, 61% of employees would either be exempted or excepted from shutdown activities.  If the shutdown continues, this percentage would decrease, and activities would be reduced as available funding decreases.USDA activities that would continue in the short-term include:Meat, poultry, and processed egg inspection services.Grain and other commodity inspection, weighing, grading, and IT support services funded by user fees.Inspections for import and export activities to prevent the introduction and dissemination of pests into and out of the U.S, including inspections from Hawaii and Puerto Rico to the mainland.Forest Service law enforcement, emergency and natural disaster response, and national defense preparedness efforts.Forest Service employees will continue to work on managing and maintaining the current forest system lands and sustaining the health and safety of the lands for their continued use.Continuity and maintenance of some research measurements and research-related infrastructure, such as germplasm, seed storage, and greenhouses.Care for animals, plants and associated infrastructure to preserve agricultural research and to comply with the Wild Horses and Burros statute.Eligible households will still receive monthly Supplemental Nutrition Assistance Program (SNAP) benefits for January.Most other domestic nutrition assistance programs, such as the Commodity Supplemental Food Program, WIC, and the Food Distribution Program on Indian Reservations, can continue to operate at the State and local level with any funding and commodity resources that remain available.  Additional Federal funds and commodities will not be provided during the period of the lapse.The Child Nutrition (CN) Programs, including School Lunch, School Breakfast, Child and Adult Care Feeding, Summer Food Service and Special Milk will continue operations into February. Meal providers are paid on a reimbursement basis 30 days after the end of the service month. Carryover funding will be available during a lapse to support FY 2019 meal service.Minimal administrative and management support, including to excepted IT systems and contracts, will be maintained to support the above activities.Provision of conservation technical and financial assistance (such as ConservationReserve Program, Environmental Quality Incentives Program, and easement programs).last_img read more

Keep Animals in Mind at Holidays

first_imgFalcor is available for adoption at the Humane Society of Ocean City. (Photo courtesy HSOC) By MADDY VITALEWhile out doing your last-minute Christmas shopping, perhaps you might consider adding someone who you don’t even know to your list and donate to the Humane Society of Ocean City, where a monetary gift could do a lot to help those who have no voice.And as the no-kill shelter states on its website, hsocnj.org, the HSOC is also always appreciative of supplies donated to the organization. No matter how small it may seem, a donation of towels, dishes, or cans of cat or dog food could make a difference, said Phil Bellucci, operations manager.“We appreciate anything someone will do to help the animals,” Bellucci said Sunday. “We want you to feel good about donating to us.”High priority items include:Wet cat foodDry dog foodPaper towelsCat and dog toysLiquid laundry detergentBlue Dawn dish soapLatex exam glovesLysol deodorizing cleanerBellucci also said there are a lot of other ways to offer generous donations. People may do so in honor of or in memory of loved furry family members. They may also purchase a plaque, brick or park bench in memory of a beloved pet.People may also sponsor a homeless animal if adoption is not something that is possible.All of the donations may be done online. People may also call the HSOC administration offices at 609-398-9500, option 4, or email [email protected] may also offer assistance in other ways and may email the shelter at [email protected] said during the holidays, he warns against adopting a pet without the person knowing about it. The shelter prides itself on interviewing the prospective pet parents and seeing that it is a proper fit.Currently there are about 80 cats and 12 dogs at the shelter. The adoption fees are $100 for dogs and $60 for cats.There are many cats to choose from at the HSOC.All of the adopted pets from the HSOC receive a lifetime 10 percent discount off veterinary services at the shelter.“We have had a good success rate this year with adoptions,” Bellucci noted.In January, the focus will be on finding homes for senior and special needs cats, he added.“You don’t want to adopt an animal for somebody or buy one for Christmas if you haven’t already looked into it already,” he said. “Give the person the experience of picking out a dog or cat. Don’t just find the perfect picture on the website. Come in and meet several of the dogs and cats. They all have their own personalities.”HSOC hosts many fundraisers throughout the year, which help a lot with maintaining the shelter, Bellucci said.A big fundraiser coming up for the shelter is Grateful Pets V at Josie Kelly’s Public House in Somers Point on April 11.HSOC also hosts smaller fundraisers and special events throughout the year to help the shelter’s animals, Bellucci noted.One of the dogs that shelter staffers have fallen in love with is Falcor, a 7-month-old terrier mix who started out in a hoarding/backyard breeding situation, Bellucci pointed out.“He has been in the shelter since he was about 10 weeks old. He takes some time to warm up to strangers, but once he does, he is a very happy, fun loving dog. He loves to run around in the yard with his tennis ball,” Bellucci said.Bellucci continued, “Falcor will need a patient owner to help him adjust to home living and social situations. He does well with most dogs and would do fine in a home with older children.”The Humane Society, founded in 1964, is located on Shelter Road, off Tennessee Avenue.last_img read more

No giving up

first_imgFor senior Pat Magnarelli, there’s no sense of thinking about what could have been.Two years ago, the Harvard men’s basketball team’s talented big man took the court in Harvard’s Ivy League opener against Dartmouth, dominant and on top of the world.First on the team in rebounding and second in scoring, Magnarelli was coming off the best game of his collegiate career — a 22-point, 12-rebound effort in an impressive win over Colgate.At the time he was averaging 10.8 points and 6.3 rebounds a game, ranking second and first on the team, respectively.“Well I hope I’m not peaking right now because I don’t want to stop playing like this,” Magnarelli told The Harvard Crimson after the win. “I’m getting more comfortable.”Extolling his sophomore forward, head coach Tommy Amaker (in his first year at the time) says, “He’s been really solid for us. … I think he’s been consistent, we can rely on him, and he’s been dependable. I’m really proud of his play, his effort, and his leadership on the court.”Already a long, difficult journey for the Duxbury, Mass. native, Magnarelli hoped the 2007-08 season would be a redemption season after a stress-fractured vertebrae confined him to a back brace for most of his freshman season. In Magnarelli’s first season, he only played nine games.In 2007, after just 17 starts, it was already beginning to look like his sophomore season would be his season.But fate intervened.In the opening minutes of Harvard’s matchup at Dartmouth, Magnarelli went down with a knee injury.He spent the rest of the season in street clothes.“It was really tough. My teammates were very supportive of me and they helped me though that time because they knew I was really down,” says Magnarelli.The midseason injury was a crippling blow for Harvard, who lost all but two of their remaining games, finishing the season 8-22 (3-11 Ivy League) and tied for last-place in the conference.After a tough rehab in the offseason, Magnarelli was ready for his second comeback, but two days before the Crimson’s first game he reinjured his knee, and two surgeries sidelined him for the entire 2008-09 season.“It’s definitely been a tough experience,” says Magnarelli. “Coming in sophomore year looking to play, playing pretty well, and then getting injured and sitting out all junior year — it’s really tough having to sit at the end of the bench and watch your team and realize there’s nothing you can do about it. It’s a little cliché, but it’s definitely making me stronger.”Although no one would have blamed him for putting away his jersey, he wasn’t ready just yet.Suiting up on Nov. 13, 2009 — his first game in nearly two years — Magnarelli put together a solid effort, leading the Crimson in rebounding in the return.With the Crimson off to its best start in a quarter century, a lot of well deserved attention has been given to fellow senior Jeremy Lin, who’s a lock for first-team All-Ivy League and is in a neck and neck race for Ivy Player of the Year. But with any team, Harvard not an exception, the Crimson’s success is as much predicated on the contributions of its role players, as it is the starters.And the leadership Magnarelli has to offer to teammates, in addition to the screens and hustle plays won’t show up in the box score, mean just as much to the team as the statline does.“You have hidden leaders and hidden players within your team that are worth their weight in gold,” says Amaker, “Pat is that for us in a lot of different ways. I refer to him as a stabilizer for us when he’s out on the floor.”Amaker adds, “He has a great understanding and basketball IQ and it’s really been a neat thing for us because we have a lot of young kids. … I think the world of Pat because of all that he brings. His value to our team is great. There’s no question about it.”“I watch Pat a lot,” says sophomore Keith Wright. “He’s a tremendous guy. Unfortunately his knees didn’t allow him to play his full college career, but it’s his senior year, he’s playing a lot this year, and really able to step up for us.”Although he has yet to complete an entire season in his college career, Magnarelli has helped the Crimson to their first winning season in nine seasons. Looking for their first Ivy Championship ever, it would mean Harvard would reach the NCAA tournament for the first time since 1943.“You only get four years here, and when you miss two of them, the time goes by a lot quicker,” says Magnarelli. “Talking to some of these freshman and sophomores, they’re young and they don’t know how fast it goes yet. As a senior, I try to tell them to just enjoy every moment here because it goes by quick.”Although Magnarelli’s career surely hasn’t gone the way he would have liked, it is because of his indomitable spirit and perseverance, which has allowed him to help the Crimson to a 12-3 record.“It means the world to have him with us,” says sophomore Oliver McNally, “But just to see him every day, working hard and see he’s having some success, it’s really motivational for the team.”And as the psychology major enters his last semester at Harvard, undecided about his future, one thing is certain — the big man is back.last_img read more