Amazon set to make £200m buyout tender for LoveFilm

first_img Share Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Amazon set to make £200m buyout tender for LoveFilm Sunday 19 September 2010 10:43 pmcenter_img whatsapp AMAZON has moved one step closer to muscling in on the UK’s home entertainment industry after putting in an offer to buy out online movie rental service, LoveFilm.It is understood that Amazon, which is currently expanding its business rapidly, has made an approach for LoveFilm, valuing the company at around £200m.In 2008, Amazon combined its European rental operations with LoveFilm before taking up a 42 per cent stake in the online rental service after buying out one of the company’s venture capital backers.LoveFilm, which is currently privately owned, is understood to be considering a stock-market flotation.In 2009, chief executive Simon Calver hired investment bank Jeffries to assess LoveFilm’s strategic options, including launching an initial public offering. The group has yet to make that move.The company has more than 1.4m members and a catalogue of over 67,000 films and games.A spokesperson for LoveFilm would not comment on a possible takeover or potential flotation, while Amazon was not available and did not return calls. KCS-content Tags: NULLlast_img read more

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BarCap to cut hundreds of London jobs

first_img Tags: NULL KCS-content whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org BARCLAYS Capital has confirmed plans to shed hundreds of jobs in its UK office even as the firm continues to hire in growth hotspots in Asia.Both front and back office jobs are set to go as the firm cuts down on costs in line with a fall in revenues this year. BarCap – the investment banking division run by incoming Barclays chief executive Bob Diamond – said yesterday that it had begun a 90-day consultation period that will allow it to reduce its headcount, a process only required if a company plans to cut more than 100 workers. The firm has had a difficult year, with revenues dropping off in a slow market for investment banks. Its income was down 14 per cent in the third quarter to £2.8bn, having already fallen 15 per cent during the previous quarter. However, the UK office is the only one currently slated for job cuts globally. The firm had already cut 300 jobs in August but overall added 2,000 workers in the first half of 2010 to fill places in its new equities advisory division.Hiring is expected to continue as normal “across those parts of business that are growing”, the firm said in a statement. Growing areas include fixed income, commodities and equities and advisories, but headcount is likely to expand at a slower pace than during 2010.Tim Hedger, deputy managing director of City recruiting firm Marks Sattin, said that although finance jobs are overall being added in London, the Asian job market is much more vibrant. “The UK is failing to keep pace with global rival, Singapore,” said Hedger, pointing to the market for skilled accountants.“In Singapore [it] is burning white-hot: the average salary rise has hit 20 per cent this year, although we have seen rises of 50 per cent offered to tempt departing accountants to stay at the firm,” he added. Share BarCap to cut hundreds of London jobs center_img Show Comments ▼ Wednesday 1 December 2010 9:25 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam whatsapplast_img read more

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The Sirius Minerals share price jumped 17%. Should I now buy Anglo American shares?

first_imgThe Sirius Minerals share price jumped 17%. Should I now buy Anglo American shares? By the close of trading on Wednesday, the Sirius Minerals (LSE: SXX) share price was just shy of 5.50p (+17%), following the company’s acceptance of an offer from Anglo American (LSE: AAL). Since the buy out was for £405m, the share price of 5.50p makes sense, so there is unlikely to be any meaningful move from this level.The question now turns to investors who have been observing the fate of Sirius, whether those who are looking to buy in as new investors or those who already own shares. For the latter, the price of 5.50p may consolidate a loss for if they bought at a higher level over the past few years. The steep share price drop over the past year as funding dried up did not help existing investors.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…In order to potentially recoup some of these losses, one idea may be to buy into Anglo American instead.The polyhalite mineAt the core of the reason many investors bought into Sirius was the mine in North Yorkshire, which is believed to have huge revenue potential once fully operational. While different sources use different numbers, revenue from the mine is expected to be around $3bn a year. These kind of numbers would certainly have generated huge rewards for Sirius shareholders, and under the Anglo umbrella these are still large numbers. Anglo American’s 2019 revenue was just under $30bn, so a fully operational mine would be a solid boost to earnings.The mine itself still needs significant funding in order to get it operational, which is one of the primary reasons Sirius could not see it through to completion without external help. The Sirius board said yesterday that Anglo would need to invest $3.1bn in order to fully complete the mine, on top of the estimated $1.5bn Sirius has already spent on it.A long-term buy?So what the events of the past couple of days amount to is that while Anglo will invest in order to get the mine up and running, this will still take some time (estimates vary but we are talking years not months).But in the hands of a much larger firm with the muscles to flex in this industry, the mine could be an extremely profitable venture. Thus, I would seriously consider buying into Anglo American now to benefit from an uplift in income in the coming years.Sure, investors could wait until the mine comes on-line, but given the recent sell-off in the market due to the coronavirus concerns, the Anglo American share price is down about 10% since the middle of February. While the firm may experience some supply chain disruption from the virus, I think 10% is a good enough discount to buy into for the longer term irrespective of the Sirius acquisition. When you add into the equation the accepted offer at 5.50p for Sirius and the mine potential, I think this looks even more attractive.  Image source: Getty Images. 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. 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. 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!center_img See all posts by Jonathan Smith Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Jonathan Smith and The Motley Fool UK have 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. Jonathan Smith | Thursday, 5th March, 2020 | More on: AAL SXX last_img read more

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“Ask us about Gift Aid at Perfect Pitch”, says HMRC

first_img“Ask us about Gift Aid at Perfect Pitch”, says HMRC AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. HMRC have announced details of their two presentations at UK Fundraising’s one-day Perfect Pitch – Gift Aid event on 28 June in London. They are particularly keen for charities to ask them any niggling questions they might have about Gift Aid.As at last year’s Perfect Pitch – Gift Aid, HMRC’s Andy Jones will present two sessions aimed at covering the key issues and concerns that charities still have about Gift Aid. There will be one in the morning and a different one in the afternoon.Both will be slightly different to last year’s presentations, although both will aim to address the differing levels of knowledge and experience amongst attendees. Advertisement In the morning session Andy will cover what HMRC is and how its services have changed since HM Customs and the Inland Revenue merged, not least the creation of a “one-stop shop for charities.”He will cover some positive developments for the sector as a result, but also some of the elements that have not gone so well.He will also report on HMRC’s recent survey on charities’ views on how to improve its claim forms process.This session will aim to ensure delgates understand the basic building blocks of Gift Aid, including how to claim.In the afternoon session Andy will look at how the use of Gift Aid can be increased. He will explain the flexibility of Gift Aid in special circumstances such as sponsored events, and encourage charities to consider how best to market the tax breaks for the wealthy.Since 2006 sees the first time limits on retrospective claims start to take effect, he will also remind delegates of the issues of retrospection and time limits. In short, he says: “Make sure you don’t miss out on your money by running out of time.”Andy encourages charities to come to the event with their questions and to use the question and answer sessions that follow each of his presentations.At last year’s Perfect Pitch Andy also dealt with dozens of charities’ queries and concerns throughout the day in the breaks, and he is happy to do so again at this month’s event: “I would like to personally invite people to approach me with questions as you never know where that could lead”, he told UK Fundraising.An approachable and helpful VAT man? Come and meet Andy at Perfect Pitch – Gift Aid in London’s Inmarsat Conference Centre on 28 June 2006. Pre-registration is required. Howard Lake | 15 June 2006 | News  21 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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How to give safely during the Olympic Games

first_img Howard Lake | 24 July 2012 | News Tagged with: Charity Commission Individual giving Law / policy Olympics  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Charity Commission, the independent regulator of charities in England and Wales, has published advice on how people can give safely to charity during the Olympic Games.It says that, with an estimated 1.2 million visitors coming to the UK for the Games during July and August, the period provides an excellent opportunity for charities to demonstrate the work that they do to many people. Equally it is an opportunity for criminals to take advantage of the public’s and visitors’ generosity.Consequently it has advised people to check if the charity they are donating to is registered and to follow its safer giving advice. This covers giving cash to public collections as well as other fundraising methods, including giving online and giving in response to TV appeals.Michelle Russell, Head of Investigations & Enforcement at the Charity Commission said: “Visitors to London during the Olympics wishing to donate money to charities should ensure that charities are registered with the Charity Commission. Our online register of charities makes it easy for people to check whether an organisation is a registered charity and that its registered number is valid before giving.”“The Charity Commission is also urging any organisations which are charitable and are required to register to do so online on the Charity Commission’s website and reminding registered charities who are fundraising during this period to ensure they comply with the legal and good practice requirements.”Stephen Harrison, Chief Executive, National Fraud Authority added: “We would encourage anyone who has been a victim, or who has information about a fundraising scam, to report this activity to Action Fraud, the national fraud and internet crime reporting service.”www.charitycommission.gov.uk About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis How to give safely during the Olympic Gameslast_img read more

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Indiana Hog Numbers Decline

first_imgHome Indiana Agriculture News Indiana Hog Numbers Decline SHARE Indiana’s total hog and pig inventory on December 1 was estimated at 3.60 million head, down 50,000 head from a year ago, according to Greg Matli, State Statistician of the USDA, NASS, Indiana Field Office. Breeding hog inventory, at 290,000 head, was up 10,000 from last December. Market hog inventory, at 3.31 million head, was down 1.8 percent from last year. The average pigs saved per litter for the September to November quarter at 10.20 was up 0.15 pigs from last year.United States inventory of all hogs and pigs on December 1, 2014 was 66.1 million head. This was up 2 percent from December 1, 2013, and up 1 percent from September 1, 2014. Breeding inventory, at 5.97 million head, was up 4 percent from last year, and up 1 percent from the previous quarter. Market hog inventory, at 60.1 million head, was up 2 percent from last year, and up 1 percent from last quarter.The September-November 2014 pig crop, at 29.4 million head, was up 4 percent from 2013. Sows farrowing during this period totaled 2.87 million head, up 3 percent from 2013. The sows farrowed during this quarter represented 48 percent of the breeding herd. The average pigs saved per litter was a record high 10.23 for the September-November period, compared to 10.16 last year. Pigs saved per litter by size of operation ranged from 8.10 for operations with 1-99 hogs and pigs to 10.30 for operations with more than 5,000 hogs and pigs.United States hog producers intend to have 2.87 million sows farrow during the December-February 2015 quarter, up 4 percent from the actual farrowings during the same period in 2014, and up 3 percent from 2013. Intended farrowings for March-May 2015, at 2.90 million sows, are up 3 percent from 2014, and up 3 percent from 2013. Facebook Twitter SHARE Indiana Hog Numbers Decline By Gary Truitt – Dec 24, 2014 Facebook Twitter Previous articleMorning OutlookNext articleMidday Update Gary Truittlast_img read more

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Elon Musk, a new threat to the American press?

first_img Follow the news on United States to go further South African-born Musk, a visionary engineer who receives a lot of media attention, has been attacking “journos” on Twitter in recent weeks. So much so that his angry tweets and proposal to rate their credibility have put him squarely in the camp of high profile Americans displaying a determined hostility towards the media. Since the start of the year Trump has been taking delight in awarding “fake news” prizes to the media. Musk, on the other hand, says he is “going to create a site where the public can rate the core truth of any article and track the credibility score over time of each journalist, editor and publication.” He proposes calling it “Pravda,” the Russian word for “truth” and the name of a Soviet-era government newspaper that was not exactly a model of journalistic independence and credibility.“A simple popular vote cannot determine the truth of a statement,” said Elodie Vialle, the head of RSF’s Journalism and Technology Desk. “Journalism is based on rigorous methods for verifying facts. Trying to use the ‘wisdom of the crowd’ to objectively rate the accuracy of reporting, without regard to journalistic standards, is illusory and dangerous, like all attempts to undermine the credibility of the media.”The American press have voiced concern about Musk’s proposal. On Twitter, The Verge journalist Andrew Hawkins wrote: “Musk continues his slow transformation into a media-baiting Trump figure screaming irrationally about fake news.” In a vitriolic editorial entitled “Elon Musk, the Donald of Silicon Valley,” the New York Times compared Tesla’s CEO to the 45th president, writing: “He is prone to unhinged Twitter eruptions. He can’t handle criticism. He scolds the news media for its purported dishonesty.”The mutual disenchantment expressed by Musk and the media has recently intensified. In its last annual report in December 2017, Tesla boasted of not needing to resort to traditional advertising because “media coverage and word of mouth” sufficed to sell its electric cars. But a series of technical flaws and, above all, a Tesla Model S driver’s death in a crash while on autopilot on March 23, changed the tone and nature of the reporting, as well as the attitude of Musk, who now blames “negative coverage” for the fall in the price of Tesla shares.It was after yet another investigation led by media outlet Reveal last April – accused by Musk of creating “a calculated disinformation campaign”- and another critical article on the specialist news website Electrek on May 23 that Musk began his recent bout of media-bashing and announced his plan for a credibility-rating site. But the idea of a counter-offensive against the press seems to have pre-dated that. “Pravda Corp” was registered as a company last October. A journalist working for The Economist has confirmed that Musk is the owner. The entrepreneur who dreams of saving humanity and colonizing Mars seems to have a very particular take on press freedom. Organisation RSF_en United StatesAmericas Media independence Freedom of expressionInternet United StatesAmericas Media independence Freedom of expressionInternet News June 15, 2018 Elon Musk, a new threat to the American press? Help by sharing this information Receive email alerts June 3, 2021 Find out more News Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says June 7, 2021 Find out more NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say April 28, 2021 Find out more News Reporters Without Borders (RSF) is disturbed by the declared desire of US billionaire businessman Elon Musk, the founder of SpaceX , director of Tesla Motors and inventor of the Hyperloop, to set up an online truth-rating system for media stories and thereby undermine trust in the media, which has already been weakened since Donald Trump became US president. WhatsApp blocks accounts of at least seven Gaza Strip journalists Newslast_img read more

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2016 Pasadena Showcase House of Design Welcomes a Crowd for the Premiere Night Presentation

first_img Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena 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. Make a comment 13 recommended0 commentsShareShareTweetSharePin it Subscribe HerbeautyKim To File For Divorce From Kanye West After 6 Years Of MarriageHerbeautyHerbeautyHerbeauty11 Yummy Spices For A Flat TummyHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty8 Yoga Poses To Overcome Stress And AnxietyHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Your email address will not be published. Required fields are marked * Community Newscenter_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News 2016 Pasadena Showcase House of Design Welcomes a Crowd for the Premiere Night Presentation From STAFF REPORTS Published on Wednesday, May 4, 2016 | 12:22 pm Name (required)  Mail (required) (not be published)  Website  First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS PSHA celebrates Premiere Night. Some of the 2016 Pasadena Showcase House of Design designersL-R (front row) Exterior Co-Chair Holly Shearer, Benefit Chair Marilyn Campbell Anderson, PSHA President Gretchen McNally, Interior Co-Chair Suzette Cummings (back row L-R), General Operations Co-Chair Debra Qurtman, Interior Co-Chair Susie Aguirre, Exterior Co-Chair Elsa BaldingPasadena Showcase House for the Arts (PSHA) celebrated their Premiere Night presentation of the 2016 Pasadena Showcase House of Design on Friday, April 15. Dressed in elegant evening wear, more than 250 guests were treated to a grand tour of the 52nd Showcase House – an elegant 1918 Mission Revival estate once known as “Dryborough Hall”.During a beautiful Spring evening, designers, PSHA members, and patrons of the arts strolled about the property and mingled in the newly designed spaces. Afterwards, the crowd gathered at the La Cañada Country Club for dinner and dancing where they were welcomed with champagne and a medley of passed hors d’oeuvres.“Premiere Night is an exciting night for us. It is a night where we show our appreciation to the designers and members for their tireless efforts and contributions,” said Premiere Night Co-Chairs Linda Zimmer and Michele Lembo.Guests dined on a special menu— farm fresh salad with mozzarella and prosciutto de parma; filet mignon and sautéed jumbo prawns complete with creamy risotto, asparagus and baby carrots; and for dessert, lavender creme brulee with season berries.The band, That Vibe, lured guests onto the dance floor and kept them dancing the night away. Guests were also treated to a special performance by the Dance Street Studio.The 2016 Pasadena Showcase House of Design is now open to the public through May 15, 2016. Tickets cost between $35-$45. All visitors to Showcase House must be 12 years of age and older. Flat shoes only. To purchase tickets, or for more information about PSHA, please visit www.pasadenashowcase.org.Pasadena Showcase House of Design is one of the oldest, largest, and most successful house and garden tours in the country. This year, PSHA will be revisiting a Mission Revival estate that was transformed at the hands of 30 designers. Guests can also enjoy The Shops at Showcase, The Restaurant, dubbed The Berkshire, and the Saffron Lounge.About Pasadena Showcase House for the ArtsAn all-volunteer organization, PSHA is a non-profit California Corporation whose members donate their time and talents to produce the annual Pasadena Showcase House of Design, one of the oldest, largest and most successful house and garden tours in the nation. PSHA celebrated the milestone of its fiftieth Showcase House in 2014. Founded in 1948, the organization has donated over $20 million to provide music programs in the community. Examples include the underwriting of concerts, choral productions, musical theater, opera, jazz quartets, marching bands, and orchestras at local schools, senior centers, and many other non-profit organizations. Additionally, a staple part of PSHA’s program is music therapy for at-risk children, scholarships for young musicians, and music education at a variety of levels. This is in addition to their longstanding support of the Los Angeles Philharmonic Association. They also produce three highly regarded annual music programs: Music Mobile™, Instrumental Competition and Youth Concert. An essential part of PSHA’s mission is to nurture the study and appreciation of music and to ensure that music is available to a broad range of audiences. For over 65 years, PSHA has funded and produced programs that have enriched the lives of countless people and brought a lasting legacy to the community.last_img read more

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Fallout from Molex plant closure will hit Mid West

first_imgFacebook BusinessNewsFallout from Molex plant closure will hit Mid WestBy Staff Reporter – October 24, 2019 1215 Advertisement WhatsApp Twitter Printcenter_img Email Linkedin THE shock announcement that US multinational Molex is to close its Shannon manufacturing base with the loss of 500 jobs will have major repercussions for the Mid West region.Apart from the devastating impact on workers directly employed in the Shannon plant and several hundred others in ancillary industries, the closure has also raised questions about the region’s reliance on multi-national companies to deliver sustainable employment.Sign up for the weekly Limerick Post newsletter Sign Up As one of the longest established US owned companies in the region, Molex was held up as an example of the benefits of Foreign Direct Investment to the national and regional economy.But confirmation that the decision to close the Shannon operation was influenced by its heavy reliance on US trade with China, which has been devastated by President Trump’s ‘America First’ policy, underlines the vulnerability of multi-national companies in the current economic climate.The Illinois-based corporation said that, following a review of the product lines manufactured at its Irish facility, they had decided to close the plant by the end of 2020. The closure will take place in a series of phases, starting early next year.The intransigence of the company’s approach was underlined on Wednesday when Business, Enterprise and Innovation Minister Heather Humphreys visited the Shannon plant only to be told that there would be no divergence from the decision to cease operations by the end of next year.Minister Humphreys said she had spoken with the company’s chief executive who had expressed his deep regret at the decision.“He made clear that, while the decision was made very reluctantly, it was irreversible. He explained it was a global decision made on the basis that 75 per cent of the product they manufacture in the Shannon plant is at end of life.”In a statement issued on Tuesday, the company said that  the decision was a very difficult one  “due to its impact on our employees, and the deep ties Molex has with the region and its people having operated in Shannon since 1971”.Shannon was Molex’s first European facility and most of its staff are from the Limerick/Clare area.IDA Ireland Executive Director Mary Buckley said the agency would continue to work with the company to market the Shannon site to potential investors.“Securing investment for Clare and the Mid West region is a continuing priority for IDA Ireland,” she said.Limerick Fine Senator Kieran O’Donnell, who raised the issue in a Seanad debate on Tuesday, said that he had asked Minister Humphreys to prioritise engagement between the IDA and Molex to explore the creation of alternative replacement jobs by Molex.Speaking in the Dáil on Tuesday, Limerick Sinn Féin TD Maurice Quinlivan said the Molex closure will be the biggest loss of jobs in the Mid-West since the Dell plant closed in 2009.“Combined with job losses at Roche and Moneypoint, it’s clear the Mid-West needs far greater state support when it comes to jobs and employment opportunities.“Also deeply concerning is the number of indirect jobs in local businesses which will also be affected by the announcement,” he said. Previous articleSpooky goings on all around LimerickNext articleFairview and Ballynanty take centre stage in Munster Junior Staff Reporterhttp://www.limerickpost.ielast_img read more

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Bridge collapse survivor haunted by daughter’s crushed car seat: ‘Imagine if she had been there’

first_imgABC News/Collazo Family(MIAMI) — A week after the deadly bridge collapse at Florida International University, one of the survivors is speaking out in the wake of filing a lawsuit against the engineers and construction companies behind the project.  Katrina Collazo, who was injured in the collapse, was overcome with emotion as she told ABC News’ Gio Benitez about that tragic day where six people lost their lives.In an interview set to air Friday on “Good Morning America,” Collazo, the mother of a 3-year-old girl, said she was sitting at the spotlight in her Nissan SUV when she felt something slam against the roof of her car.“I thought somebody had hit me from behind until I looked to the side and I saw all those cars under that bridge, knowing that they were dead. There was no way they could’ve survived something like that,” said Collazo, a medical assistant.“To tell you the truth, I just screamed,” she added. “I remember people running to my car and trying to get me out. And I just remember screaming and screaming not understanding what was going on.”The entire back half of her SUV was completely destroyed in the collapse. Collazo, who was on her way to FIU to look into joining the nursing program, said she can’t shake the image of those cars flattened right next to her.“I’m thankful for being here today and being able to speak. But there are those that aren’t, that will never hold their children again, that will never graduate. That is not fair. This is not supposed to happen to anybody,” she said.Her daughter was not in the car, but her car seat in the back seat was entirely crushed in the collapse, Collazo said. “That crosses my mind every second of the day that just because it was 1:47 p.m., my daughter was not in that car. I don’t even know what I would’ve done. I don’t know because she’s my life, she’s my daughter,” said Collazo. “Imagine if she had been there.”Several other victims and their families also filed lawsuits this week. Among Collazo’s complaints in the lawsuit are that two of the companies involved — FIGG Bridge Engineers and Munilla Construction Management — “had a duty to take all actions necessary to preserve the health, safety and welfare of the general public.” “Traffic should not have been permitted to go underneath it until it was safe and there were indications well before this accident happened that this bridge had cracks, that there were safety concerns. And at that moment, traffic should have been stopped until it could have been repaired,” said Spencer Aronfeld, Collazo’s attorney.In a statement to ABC News, FIGG Bridge Engineer said, “We are aware that a lawsuit has been announced regarding the pedestrian bridge accident. Our priority focus continues to place sympathies for the victims at the forefront of our thoughts. FIGG Bridge Engineers will work diligently with authorized investigators in an earnest ongoing effort to determine what led to the accident and what can be done to ensure that nothing like it happens again.” MCM did not respond to ABC News’ request for comment Thursday, but previously said: “Our family’s thoughts and prayers go out to everyone affected by this terrible tragedy. The new UniversityCity Bridge, which was under construction, experienced a catastrophic collapse causing injuries and loss of life. MCM is a family business and we are all devastated and doing everything we can to assist. We will conduct a full investigation to determine exactly what went wrong and will cooperate with investigators on scene in every way.”Collazo has her own message for the families who lost loved ones.“I want them to know that my prayers are with them. We’re going to the bottom of this, that we are going to make sure this never happens again,” she said.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

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