Barrick share down as company swings to loss forecasts higher costs

first_imgTORONTO – Barrick Gold Corp. closed down Thursday as the company swung to a net loss in the last quarter and upped its expected costs going forward.The miner, which reports in US dollars, said its net loss was $314 million or 27 cents per share, compared with earnings of $425 million or 36 cents per share last year.The loss was largely due to a $916 million impairment charge on its long-lived assets, stemming both from a major tax and export dispute between its 64-per-cent owned Acacia Mining and the Tanzanian government, and the partial writedown of its Pascua Lama project after the Chilean government ordered it to close all surface facilities.Barrick said its all-in cash cost per ounce is expected to be between $750 to $875 per ounce for 2018 and $750 to $875 per ounce between 2019 and 2022.The 2018 guidance is an increase from the $710 to $770 per ounce the company expected a year ago, and well off the $700 per ounce target it had set for itself in 2016.The company said the higher cost guidance for the year ahead is mostly related to lower anticipated gold production from its Nevada operations, Pueblo Viejo and Veladero mines, increased processing of higher-cost inventory, and higher costs at Acacia, its Tanzanian operation.“We made significant strides towards driving costs out of our business. However, not sufficient to offset the change in production profile,” said chief operating officer Richard Williams on a conference call.The long-term costs are also going up as the company invests in mine modernization, including with mine site exploration to add reserve ounces.“We are making deliberate decisions to invest in our assets. … This has meant we’ve had to adjust our expectations around costs in the near term.”The company said adjusted net earnings came in at $253 million, or 22 cents per share, higher than average analyst expectations of $221.8 million or 21 cents per share.Barrick’s share price closed down about three per cent at $16.62 on the Toronto Stock Exchange.Companies in this story: (TSX:ABX)last_img read more

Provincial government provides funds to northwestern municipalities seeking revenuesharing agreement

first_imgVICTORIA, B.C. — Premier John Horgan’s officer says the provincial government will be providing funding for a group of municipalities looking to get its own version of the Peace River Agreement signed with the Province.Premier Horgan said that the government will provide $300,000 to the Northwest B.C. Resource Benefits Alliance in support of its communities’ continued efforts to strengthen economic development in the region. “We believe that people should benefit from the prosperity generated by their hard work, and the resources of the regions where they live. I applaud the efforts of the RBA to strengthen their local economies,” said Horgan. “We are committed to working with Northwest communities as they work to help stabilize their economy over the long term.”  The Resource Benefits Alliance, representing 21 local governments from Vanderhoof to Masset, was formed in 2014 to advocate for the infrastructure needs of their communities. During the provincial election last year, Horgan stated that the NDP would negotiate with the RBA in September of 2017 if it were to form government. Then-Premier Christy Clark declined to make a similar commitment, saying at a separate campaign event that the Province had been providing the region with funding through the rural dividend fund. “Building a strong, sustainable, innovative economy is a priority for this government,” said Selina Robinson, Minister of Municipal Affairs and Housing. “This funding is expected to help the RBA build relationships with First Nations, labour, major project proponents, local business and the non-profit sector.” “The RBA shares the government’s vision of economic development that creates good local jobs and sustainable communities,” said RBA chair Bill Miller. “We thank the Premier and minister for recognizing that liveable, well-serviced communities are essential for economic development.”Leaders from the RBA met with Premier Horgan in late September last year, saying that negotiations had begun. On September 29th, the RBA said in a release that it hoped to reach a revenue-sharing agreement with the provincial government within six months.last_img read more

Coroners report says 12yearold drowned after foot was sucked into Rotary Lake

first_imgAn investigation into the girl’s death found several hazards at the man-made lake, including insufficient fencing, a lack of supervision, poor water clarity, inadequate safety and first aid equipment, and a single main drain that created a suction hazard.The provincial government granted the park an exemption in 1989 allowing it to operate like a beach after the City of Dawson Creek argued that it would be too expensive to operate it as a swimming pool. Last July, Northern Health recommended that the facility’s exemption from pool regulations be revoked because of the safety concerns. The City has said that changing the lake to a pool would cost $500,000 in upgrades and over $150,000 in annual operating costs.The girl is the second child to have died at the facility since 1989. In 1994, a five-year-old drowned after their parents lost contact with them for just five minutes. The murkiness of the water and overcrowding were said to have been factors in the child’s death.The full report can be found below. Coroner Adele Lambert's report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert’s report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert's report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert’s report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert's report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert’s report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert's report into the death of a 12-year-old girl at Rotary Lake. Coroner Adele Lambert’s report into the death of a 12-year-old girl at Rotary Lake. DAWSON CREEK, B.C. – The B.C. Coroner’s Service has released a report which found that the suction from a drain at the bottom of Dawson Creek’s Rotary Lake was what caused a 12-year-old girl to drown in the lake nearly two years ago.In her report, Coroner Adele Lambert said that the girl and her family were spending the day at the man-made lake on August 13, 2016. At around 5:30 that afternoon, Lambert said the girl was playing with other children in the water, and the group was able to remove the bolts that were holding a cover over the drainage pipe on the lake’s bottom. The removal of the bolts also caused the drain’s cover to be removed.Around 45 minutes later the girl, who has been identified by CBC News as Beverly Park, became trapped with her head under water when the drain’s strong suction pulled her leg into the pipe. A family member and a bystander tried to pull her out but were unable to until an attendant turned off the drain’s pump. The girl was airlifted to a hospital in Vancouver where she passed away three days later from significant brain injury due to a lack of oxygen.last_img read more

Randeep to play a cop in Bhansalis comicthriller

first_imgMumbai: Filmmaker Sanjay Leela Bhansali’s next production will feature actor Randeep Hooda in the role of a cop. The film has been a described as a comic-thriller with a social message. “The film is a thriller comedy. It is a rom-com. It has a social message and deals with an issue, that is considered taboo in small town. “It has Randeep in the lead as a cop. He will be seen in a different avatar. It is not like Dabangg style cop. We are looking for the female lead,” sources close to the development said. Also Read – I have personal ambitions now: PriyankaThe film will mark the directorial debut of Balwinder Singh Janjua, the scribe of films such as Mubarakan, Firangi and yet-to-be-released Saand Ki Aankh – straring Bhumi and Taapsee in lead roles. It will be produced by Bhansali’s banner. The project will go on floors by September or October and is likely to release in the first quarter of next year. Bhansali is currently busy with his next directorial venture Inshallah, featuring Salman Khan and Alia Bhatt. Randeep will next star in Imtiaz Ali’s remake of Love Aaj Kal, featuring Sara Ali Khan and Kartik Aaryan in the lead.last_img read more

I Dont Care If I Ever Get Back — And I Might

These, again, are the results after controlling for attributes of the game. But those play a role, too. Each extra inning in a game makes it about 18 minutes longer. Each additional call to the bullpen adds a little over two minutes. Every additional plate appearance per inning tacks on nearly 21 minutes, and an increase of one pitch per plate appearance increases game time by half an hour.The more time passes, the more time passes: The length of games has grown 0.7 minutes on average each year since 2002, after controlling for other changes in the game. And all else equal, close games take a little longer: A minute more time for every run shaved off the final margin.All of these factors are highly statistically significant,5p <10^-15. which isn’t hard to accomplish with a data set this large.The pace stat is available, and reliable, going back only to 2008. So I also took a closer look at the games between 2008 and 2013. The overall trends, after running the same regression, were similar: The Yankees continued to rank No. 1 despite their speed-up toward the end of the period, adding 12.8 minutes per game relative to the fastest team in the period, fellow AL East team Toronto. The Red Sox ranked second, adding 11.8 minutes per game.These teams’ slow pace of play explained some, but not all, of the time their presence added to games. I added another variable to the regression: an estimate of how much time the two teams in the game were adding to it based on their average pace, at bat and on the mound, during the six-year period.6For each game in the data set, I took each team’s batting and pitching pace over the period. I divided each figure by the average pace during the period of 21.8 seconds between pitches. Then I multiplied each team’s number of pitches by its relative pitching pace and by the batting team’s batting pace. That’s roughly how much time elapsed between that team’s pitches during the game.To understand why, suppose one team’s pitching staff played 5 percent faster than average during the period, and its opponent’s batters played at an average pace. Then the time taken before pitches by this calculation is (1*0.95)*(number of pitches*average time taken between pitches), or 5 percent less than the average time. Then I subtracted from the result, the number of pitches multiplied by the average pace. The result is an estimate of how much time was added or taken away relative to average by the time before that team’s pitches.I did the same calculation for the opponent’s pitches, using its pitching pace and the first team’s batting pace. Then I added the totals. This gives a rough relative measure of how much the pace of the two teams involved in the game affected its length. Controlling for that, Boston was just three minutes faster than Toronto, which remained the fastest team. The Yankees added about six and a half minutes, which is a lot of dead time, but a lot less than 12.8 minutes.Major League Baseball has a rule to keep the game humming along: Official Rule 8.04, which gives the pitcher 12 seconds to pitch when no one’s on base. It’s rarely enforced — about 15 to 20 times in 2009.Without stricter enforcement, baseball might get slower. Any new innovation by one team that proves successful is copied by rivals — hence the growing price tag for on-base percentage. And the Yankees and Red Sox, the two slowest teams since 2002, are also by far the winningest teams in that era. The Dodgers and Angels, next in the rankings, both are in the top eight in wins. Slowing down the game from pitch to pitch, for whatever reason, is correlated with winning games.7The correlation coefficient for the 29 teams that have been in the same city since 2002 — excluding the Washington Nationals, né Expos — between wins and our regression output for time added to games is 0.55, a moderately strong positive relationship. Correlation isn’t causation, and there’s no particular reason slow play should equal good play. But Yankees fans might not want to take any chances: Their team, in its fastest-paced season of the last 13 years last year, had its lowest win total of the period. Major League Baseball is slowing down at the same time that its formerly slowest team is speeding up.The New York Yankees haven’t dominated the majors since 2002, winning just one world championship over that period. But they’ve dominated MLB rankings for length of game. From 2002 to 2012, the Yankees’ average length of game was in the top four of the 30 major league teams each season, including five league-leading performances. Yet lately they’ve gotten faster: The average Yankees game has been shorter each year than the year before since 2009, culminating in last year’s 15th-place showing of three hours and five minutes — just half a minute longer than the league-average figure.The slowest team in baseball is now — wait for it — the Boston Red Sox. New York’s archrivals have ranked in the top three in average game length each year since 2003. Last year, Boston’s fourth straight season as the slowest team in baseball, its average game took three hours and 15 minutes.Boston is part of a broader trend that the Yankees are defying: Baseball games are getting longer. Games averaged two hours and 56 minutes in 2011 and three hours flat in 2012. They tacked on four more minutes last year — even as runs per game fell, to 4.17 from 4.32 the year before. And games this year, with the advent of instant replay, have added another three and a half minutes on average, through Sunday.When the two slowest teams of the modern era meet, great baseball often results. Slow baseball almost always does. The three Yankees-Red Sox games last weekend each took over three hours — and each was faster than the average Boston-New York meeting since 2002.1The first game of their four-game series last week, on Thursday, took a brisk two hours and 55 minutes. Those games have averaged three hours and 23 minutes — 15 minutes longer than the next slowest matchup with at least 100 games during the period (Yankees-Angels).When staging such a great rivalry, former Boston closer Jonathan Papelbon asked in 2010, what’s the hurry? “Have you ever gone to watch a movie and thought, ‘Man, this movie is so good I wish it would have never ended’? That’s like a Red Sox-Yankees game. Why would you want it to end?”Many factors fundamental to baseball influence game length: Batters’ rate of getting on base safely, their plate discipline, and how long they take to round the bases after a home run. Boston’s David Ortiz regularly tops the leaderboard for longest tater trots, which contributes to the glacial pace of an average Red Sox game.Another influential factor has to do not with the action, but with the time in between plays. Pitchers stare down base runners or wave off signs from catchers. Batters step out of the box and adjust their helmets and other gear. The time between pitches is getting longer. We know because of a byproduct of the sophisticated PITCHf/x tracking system installed in every major league park that stamps a time on every pitch. FanGraphs turned those timestamps into a stat, called pace, measuring the time between two consecutive pitches in the same plate appearance.2Baseball Prospectus introduced its own version of the stat this week. It differs slightly from FanGraphs’, mainly because it omits pickoff attempts. Papelbon did his part to make Yankees-Red Sox games seem endless: He’s second, behind Rafael Betancourt, on FanGraphs’ pitching leaderboard for slowest pace of play since 2008.The pace is slowing. The average break between pitches was 21.6 seconds three years ago, 22.1 seconds two years ago and 22.6 seconds last year, according to FanGraphs. Taking into account the number of pitches per game, the slowing pace could account for five of the eight minutes tacked on to the average game between 2011 and 2013.Boston slows things down when at bat and on the mound. Last year, Red Sox batters ranked second in time between pitches, with 23.5 seconds. (The Yankees ranked first.) And Boston’s pitchers ranked seventh at 23.4 seconds between pitches. No individual player was particularly responsible for the Boston slowdown; only reliever Junichi Tazawa ranked high on the pitcher or batter leaderboard. It was a team effort.The reasons for lengthening game times have been a longstanding baseball preoccupation. “No one element accounts for the delay of game. Some developments, such as extended commercial breaks and the tendency to use more pitchers, are more obvious,” the St. Louis Post-Dispatch reported — in 1991.Just how much does any one team, or any one attribute such as pace, affect game length? I ran a linear regression to check. ESPN Stats & Info provided detailed data on more than 29,000 regular-season games, between 2002 and this past Sunday. I checked how the teams involved contributed to game length, while controlling for year, number of innings, number of relievers used, runs per inning, plate appearances per inning, pitches per plate appearance and closeness of score.3Pitch data was available only back to 2002. As I wrote last week, closeness of score doesn’t have a big impact on raw time of game, but I included it to see if it does have an influence after controlling for other factors. (I didn’t control directly for other factors, such as the number of pickoff attempts or pinch-runners, or the big increase in defensive shifts in recent years.)The result: The Yankees added 13.9 minutes to the average game, relative to the fastest-paced team, the Oakland A’s. Runner-up Boston added 10.5 minutes.4These results apply whether the team was at home or away. Preliminary analysis suggested which team was at home made little difference to the results so they were treated the same, which doubled the sample size for each team. read more

The Pacers Got Manhandled on the Glass

Tuesday night did not go the way the Indiana Pacers had hoped. Seeking to close out the Washington Wizards in Indianapolis, the home team instead lost by 23 points in a game that was all but over before the fourth quarter began.The Pacers were outplayed in a number of areas, but nowhere more so than in the rebounding battle. The final tally was 62-23 in favor of the Wizards, making it the largest rebounding differential in the NBA playoffs going back to the 1985-86 season.There were two challenges for the Pacers on Tuesday night: They didn’t get themselves in position to grab rebounds, and they didn’t convert those opportunities when they had them.The Pacers rely heavily on their starting five, a reliable rebounding group for most of the season. Of the 21 lineups in the league that played at least 400 minutes together this season, the Pacers’ starters grabbed 51.7 percent of available rebounds — ninth best in the league. But the NBA’s SportVU Player Tracking data can give us a closer look at how well that unit usually rebounds and exactly how atrocious its performance was on the glass in Game 5.SportVU Player Tracking statistics include rebound chances, defined as any time a player was within 3.5 feet of a rebound (multiple players can meet that definition for a single shot). Rebound chances can be compared with actual rebounds to calculate a conversion percentage for each player. It’s important to remember those multiple opportunities here. Even if the Pacers grabbed every rebound, their conversion percentage might not be 100 percent because more than one teammate could have earned a rebound chance by being around the ball on a single shot.Here we can see the dramatic drop off in both rebound opportunities and conversions in Game 5. The Pacers starters put themselves in rebounding position far less often and lost far more of those individual rebounding battles than they usually do. Circling back to total rebound percentage, we find this group grabbed just 25 percent of the available rebounds in the 20 minutes they played together in Game 5.This performance can’t be pinned entirely on the Pacers; the Wizards were aggressive from the opening tip and deserve plenty of credit for forcing the Pacers into this kind of drab performance. Wizards center Marcin Gortat was a force, pulling in 16 rebounds on 24 rebound chances. But this kind of rebounding disparity requires effort (or the lack thereof) from both teams.It’s unlikely the Pacers will put up another rebounding performance this disastrous, but the damage may be done. By allowing themselves to be so thoroughly pushed around on the interior, they have given the Wizards new life. read more

Braxton Miller learning improving on the job for Ohio State

Redshirt senior H-back Braxton Miller (1) carries the ball during a game against Maryland on Oct. 10 at Ohio Stadium. OSU won 49-28. Credit: Samantha Hollingshead / Photo EditorMost players at Ohio State spend the majority of their lives perfecting the crafts at the position they are counted on to play at the highest possible level every Saturday in the fall.Others are moved around upon arriving on campus, but receive a redshirt year or time in a reserve role before stepping into the spotlight.For redshirt senior Braxton Miller, none of the above applies.The starting quarterback for each of his first three years for OSU, a shoulder injury just before the 2014 campaign cost the two-time Big Ten Offensive Player of the Year his senior season.Stellar play by quarterbacks Cardale Jones and J.T. Barrett that year led the Buckeyes to a national championship, but it also cost him his opportunity to ever regain that spot.Rather than sit on the bench or transfer to another school — where he would be immediately eligible as a graduate transfer — to keep his career as a signal-caller alive, Miller opted to finish out his collegiate life in a role he had never done before: playing receiver. “He’s starting, he’s playing and he’s teaching,” OSU coach Urban Meyer said. “One of the things with Braxton I have talked, he’s got big-time goals and he should. He’s very blessed. He wants to play at the next level.”Miller was seemingly shot out of a cannon in OSU’s opening game at Virginia Tech on Sept. 7, piling up 140 total yards of offense and two touchdowns. But his next four games saw no repeat of that performance, as he only amassed a total of 123 yards and zero scores. Despite the lack of results, Miller said he was continuing to feel more and more productive each week.“Every practice and every game I get better at something,” Miller said. “It’s turning the mistake that you did the day before and just getting comfortable with what you’re doing.”And he certainly did look more comfortable in OSU’s more recent game against Maryland, catching five catches for 79 yards and a touchdown, including back-to-back grabs leading to his score.The 19-yard touchdown catch marked the first time Miller found the end zone at Ohio Stadium since Nov. 23, 2013. Miller said he considered the feeling a big moment of his journey.“It was about time,” he said. “It just felt good being involved in the offense, making plays for the guys, being electrifying for the fans, just getting back to my old self.”Miller said he considers himself a receiver at his core now with his quarterback days behind him. However, he has lined up under center in the wildcat formation at least once in each of OSU’s games this season, though so far he has only been called upon to run or catch.Still, the Huber Heights, Ohio, native hinted on Monday that a showcase of his healthy shoulder could be in the cards for sometime this season.“I can throw,” Miller said. “But my main focus is playing receiver and just focused on what I’ve got to focus on for my position right now.”Meyer said over the summer that it typically takes a player a year and a half to learn how to play receiver. On Monday, he said it has taken Miller only half a season.“As of right now, he’s fully integrated as a wide receiver at Ohio State,” Meyer said. “He was not early in the season. He didn’t know what to do.”Miller agreed with his coach, saying he feels like a natural receiver just midway through his first season at the position.“I’m ahead of schedule. I feel good, comfortable. I’m out there making plays, blocking, I just feel good,” he said.With the OSU offense struggling for downfield playmakers after season-ending injuries to receivers Noah Brown and Corey Smith and inconsistency from H-back Jalin Marshall, Miller could be a major cure for the much-scrutinized passing game.But how much does Miller miss being the one running the offense, rather than taking orders? Not much, he said, as long as he still gets opportunities to appear on the highlight reels.“It’s fun just making guys miss, catching the ball, making big plays.” read more

Football No 3 Ohio State pulls away from Indiana with 4926 victory

Ohio State redshirt senior wide receiver Parris Campbell scores a touchdown against Indiana on Oct. 5 at Ohio Stadium. Ohio State defeated Indiana 49-26. Credit: Casey Cascaldo | Photo EditorAfter coming through with a big win on the road against then-No. 9 Penn State a week ago, Ohio State came back home to take on Indiana.Last season, the Buckeyes defeated the Nittany Lions by a point, then came out the following week and lost to the then-unranked Iowa Hawkeyes 55-24, ruining their chances at the College Football Playoff.This year, Ohio State came out ready to prove that last year’s stunning defeat to Iowa was a one-time event.Despite looking vulnerable at times against Indiana on Saturday, No. 3 Ohio State eventually was able to hold on and pull away, earning the 49-26 victory to stay undefeated on the season.“At times we played outstanding,” head coach Urban Meyer said. “We just have to keep working at it. I trust our staff. I trust our players. We’re banged up a little bit. And we’ve got to fight through it. But gotta play better.”Indiana came out firing, thoroughly outplaying the Buckeyes’ secondary for much of the first half, taking a 17-14 lead with seven minutes to go in the second quarter.But Ohio State’s offense continued to counter, as redshirt sophomore quarterback Dwayne Haskins put on another impressive performance to keep the Buckeyes from their first loss of the season.Haskins threw for a career high 455 passing yards, completing 33-of-44 passes and earning six passing touchdowns and two interceptions on the day.Haskins’ six touchdowns tied the program record for most passing touchdowns in a game. His 455 yards through the air was also three shy of the Ohio State record set by Art Schlichter in 1981.“Every game you want to light it up, but definitely it was a good statistical game,” Haskins said. “I’m glad we got the win most importantly.”After going down by a field goal halfway through the second quarter, Haskins found redshirt senior wide receivers Parris Campbell and Terry McLaurin on back-to-back drives to put Ohio State up 28-17 late in the first half.Indiana drove late to make a 37-yard field goal to bring the score to 28-20 by halftime.The Hoosiers remained close for much of the game, staying within single digits by the end of the third quarter.Eventually, Haskins closed the door on Indiana’s upset hopes, finding McLaurin on a 17-yard touchdown, his second of the game, putting Ohio State up 42-26.Sophomore quarterback Peyton Ramsey picked apart the Ohio State secondary in the first half, ending it with 239 yards and two touchdowns, including three completions of 30 yards or more.Meyer said the team’s defensive effort will continue to be the main focus.“At the end of the day you have to play great defense to get where you gotta get. And I’m confident that we will,” Meyer said.”At times we’ve played great defense and we have to get everybody healthy and get back to that.”It looked like the Buckeyes were starting to pull away, starting the third quarter with a 71-yard touchdown from Haskins to Campbell. Campbell was left wide open, and used his speed to easily beat the Hoosiers defenders down the field, putting Ohio State up 35-20.Campbell finished the day with nine receptions for 142 yards and two touchdowns.But Indiana kept fighting its way back, bringing the game within nine when Ramsey found redshirt junior wide receiver Donovan Hale wide open in the endzone with less than five minutes to go in the third quarter.The Hoosiers had opportunities to cut the deficit further, as redshirt freshman safety Bryant Fitzgerald intercepted Haskins, the second interception for Indiana on the day.Haskins was hit hard as he threw, and the ball fluttered into Fitzgerald’s hands for the easy interception. But Indiana didn’t capitalize on the turnover, leaving the score at 35-26 after three quarters.Ohio State will attempt to continue its winning streak against Minnesota in Ohio Stadium at 12 p.m. on Oct. 13. Meyer said the pass defense is going to be the key for success as the season progresses.“A combination of poor pass rush and not blocking on your guys,” Meyer said. “We’ve been fine against the run, but the pass has been killing us and that’s going to bite us, something we’ve got to get fixed.”Story updated at 9:24 p.m. with quotes from Meyer and Haskins read more

Florentinos hopeful Christmas message from Real Madrid

first_imgAlongside all his football players from the Real Madrid premises, president Florentino Perez sent a hopeful Christmas message to the fans.The year 2018 is one of the most successful in Real Madrid’s history, one that a man like president Florentino Perez was obviously going to brag about during his traditional official Christmas message he sent out this Monday.It’s not only in football, but Los Blancos also won the European Cup in Basketball and Perez made sure that the fans were proud with his hopeful message for the upcoming 2019.This was arguably one of the most successful years in the club’s modern era, after winning a third consecutive Champions League and the Basketball’s 10th European championship throughout the whole year.Talking about the club’s achievements was pretty predictable for a president like Florentino Perez, with a 2019 that doesn’t look as hopeful as the present year.“In 2018 the madridistas experienced something that has never happened before,” said Florentino on his message via Real Madrid’s official website.“For the first time in our 116 years of history and for the first time in the history of sports, Real Madrid are European champions in football and basketball in the same season.”Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“We will remember it as the year of the Decimotercera in football and the Décima in basketball.”“In football, the third consecutive European Cup and the fourth in five years is something that nobody had ever done; and in basketball we won the second European Cup in four years.”“We have end 2018 by returning from Abu Dhabi as world champions for the third time in a row and for the fourth time in the last five years.”“And also, beyond what has been achieved on the playing fields, I want to highlight the work that is done every day so that this club continues to grow in sports, economically and socially,” he concluded.🎄⚽🌟 Merry Christmas!📸 https://t.co/7m6Uw7ai9M@RealMadrid | #HalaMadrid pic.twitter.com/Eo9go5kqXQ— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) December 24, 2018last_img read more

Committee Postpones Debate over BRAC

first_imgOne of the most prominent supporters of the Pentagon’s request to conduct a new round of base closures withdrew an amendment Wednesday during deliberations over the fiscal 2016 defense authorization bill that would have authorized a BRAC round in 2017, as  the Obama administration has requested.Rep. Adam Smith (D-Wash.), the ranking member of the House Armed Services Committee, intends to bring up the amendment on the floor when the House debates the authorization bill. The legislation marked up Wednesday explicitly bars DOD from carrying out a new BRAC round.Rob Wittman (R-Va.), chairman of the committee’s Readiness Subcommittee, and full Committee Chair Mac Thornberry (R-Texas) oppose the administration’s request for additional base closures, citing the overwhelming challenge of reopening a base once it is shuttered.The annual defense policy bill does call for the department to prepare a 20-year force structure plan for each service and an infrastructure assessment that could be used to determine the level of excess capacity. The language, however, does not directly link the analysis to a justification for a new BRAC round.“Before we go down the BRAC road, I’d like to have a better understanding of where we are with our infrastructure,” Thornberry said during the markup, reported CQ Roll Call.Separately, the committee rebuffed an attempt, 36-26, by Democrats to strip out language blocking the U.S. Fish and Wildlife Service from placing the greater sage grouse on the endangered species list.The provision in the chairman’s mark of the authorization bill comes as the Air Force and Army have said that increasing federal protection for the grassland bird would restrict military access to training grounds and firing ranges, reduce the number of exercises and limit the number of overflights and ground movements.Rep. Rob Bishop (R-Utah) noted that the Army is spending about $1.5 million to manage roughly 250 birds at the 327,000-acre Yakima Training Center in Washington. He also said the primary threat to the five-pound bird is fires on federally owned lands, reported the Hill.The committee’s markup was expected to last into the early morning, with debates over hundreds of amendments. To read each section of the bill, visit the committee website. Dan Cohen AUTHORlast_img read more

Pence Vows Space Force Will Be Created

first_imgVice President Mike Pence (R-Ind.) promised Tuesday that the controversial proposal for a separate U.S. space force will be brought to fruition, National Defense Magazine reported.“We are working as we speak with Congress to stand up a sixth branch of our armed forces. The United States space force will soon be a reality,” Pence said at the 2019 Satellite conference in Washington.Pence recounted threats to U.S. space dominance including efforts by China, Russia and North Korea to jam GPS signals and communication satellites, and launch ground-based electronic attacks.Last year the White House announced its request for unified space command similar to DOD’s Special Operations Command, but creation of a new military branch requires congressional approval.Prior to the conference, 43 former military and intelligence leaders sent a letter to Congress in support of creating the space force, according to Politico.The group includes former Defense Secretary William Perry, former Director of National Intelligence Mike McConnell, former Deputy Defense Secretary Robert O. Work and retired Gen. Larry Welch, former chief of staff of the Air Force.“We strongly encourage action to establish the U.S. Space Force, to realize the full potential of space power and space capabilities in order to protect and advance U.S. vital national interests,” the group wrote.Air Force photo by Senior Airman Cheyenne Powers ADC AUTHORlast_img read more

BSE closes points 1383 up on November 1

first_imgNew Delhi, November 1 (ANI): Trading at the Bombay Stock Exchange today closed 13.83 points up to stand at 21,178.35. At the National Stock Exchange the Nifty closed 8.05 points up to stand at 6,307.20. Indian Bank and HDIL were among the top gainers of Group A with an increase of 10.44% and 10.21% along with Apollo Tyres and Union Bank with an increase of 8.58% and 8.30% respectively, while the top losers of Group A include Glenmark Pharma and United Breweries Ltd with a decrease of 4.02% and 3.91% along with Sobha Dev and Power Grid Corporation with a decrease of 3.69% and 3.11% at the close of the markets. The Auto sector is up 146.01 points at 12,220.9 while the banking sector is up 164.4 points at 13,251.33 and the realty sector is up 34.22 points at 1,377.69. The Indian currency is down 0.62% at Rs 61.88 per dollar.last_img read more

Reliance Communications Aircel announce merger Is this a tactic for expansion or

first_imgReliance Communication (RCom) and Maxis Communications Berhad (MCB) — the Malaysia-based company that owns 74 percent stake in Aircel Ltd — announced what it said was the “largest ever consolidation” in the Indian telecom sector. They announced the merger of the wireless business of RCom and Aircel into a third entity — a move that would not only combine their total presence in the market but also significantly reduce their debt. In a regulatory filing with the BSE, they said they were merging into a rebranded entity that would be among the top four companies in the telecom sector in India when it comes to customer base as well as revenue, and have “an asset base of over Rs. 65,000 crore and net worth of Rs. 35,000 crore.”The two companies, in a joint statement, said RCom and MCB will hold 50 percent stake in the merged entity. They also said the merger would “reduce RCom’s debt by Rs. 20,000 crore, or over 40 percent of its total debt, and Aircel’s debt by Rs. 4,000 crore” at the end of the 2016-17 financial year.The entity formed as a result of the merger would also have the “second-largest spectrum holding amongst all operators, aggregating 448 MHz across the 850, 900, 1,800 and 2,100 MHz bands, and will enjoy enhanced business continuity through extended validity of spectrum holdings till 2033-35,” the telcos said in the filing. The move is being seen by industry observers as a tactic for both survival and expansion by both the companies. MCB, in the joint statement, said it invested Rs. 35,000 crore into building its telecom infrastructure in India. On the other hand, Anil Ambani-led RCom has been facing an onslaught from increasingly competitive rivals, the most recent being Reliance Jio, which is owned by his brother Mukesh Ambani. These two companies hope to see a synergy in a highly competitive business consisting of players such as Bharti Airtel, Vodafone, Idea Cellular and Tata DoCoMo. ADAG Chairman Anil Ambani said in the joint statement: “We expect this combination to create substantial long term value for shareholders of both, RCom and MCB, given the benefits of the wide-ranging spectrum portfolio and significant revenue and cost synergies.”MCB said in the statement: “The magnitude of this investment [the Rs. 35,000 crore it is put in Aircel] and the further equity commitment in support of this deal, are underpinned by MCB’s belief in the long term growth potential of both India and the Indian telecom sector.”RCom shares closed at 51.05 on Wednesday, up 2.72 percent from their previous close.last_img read more

EC has little to do without pollstime govt BNP

first_imgBNP secretary general Mirza Fakhrul Islam Alamgir briefs newsmen after BNP’s scheduled dialogue with the election commission at the commission secretariat in Agargaon on Sunday. Photo: Prothom Alo Opposition Bangladesh Nationalist Party (BNP) on Sunday expressed optimism about resolution to the countrys prolonged political impasse through talks.After joining a scheduled dialogue with the election commission, the BNP, which boycotted controversial ballot in 2014, observed that the commission has little to do in ensuring free and fair polls.Read more: EC’s dialogue with BNP beginsIn the current political order, the EC does not have much to do. Still, weve been optimistic a bit after talks, BNP secretary general Mirza Fakhrul Islam Alamgir told newsmen at Nirbachan Bhaban (Election Building).He claimed that the commission, too, admitted its limitations with regard to the BNPs emphasis on political dialogue and election-time government.Read more: ‘Fair polls possible only if govt in place wants’ They will try their best to do something within their limitations, Fakhrul said of the ECs position on ensuring credible general elections.The BNP secretary general led a party delegation at the dialogue and presented a 20-point demand at the dialogue. Chief election commission KM Nurul Huda chaired the meeting.last_img read more

Player Spotlight on Maddy Newman

first_img The University of Louisville Softball Player Spotlight series features short interviews with each of the Cardinals’ players. Episode seven features sophomore Maddy Newman. Episode 7: Maddy NewmanThe Newman FileNumber: 1Full name: Madelynn NewmanNickname: MaddyClass: SophomorePosition: InfielderBats/Throws: L/RHometown:  Osceola, IN   High School: PennTravel Team: Indiana Magic GoldMajor: Exercise scienceFun Fact: She weighed three pounds when she was born Print Friendly Version Story Linkslast_img

Fieldresponsive mechanical metamaterials FRMMs

first_imgThe 3-D-printed hollow polymer tubes or struts that form the building blocks of lattices were filled with magnetorheological (MR) fluid suspensions. The scientists used the LAPµSL system for custom layer-by-layer 3-D printing by projecting UV light patterns onto a photocurable resin to construct 3-D structures from a stack of 2-D images. For consistency, they replicated a previously established protocol on microstereolithography. The MR fluids contained ferromagnetic microparticles in nonmagnetic liquids that could rapidly change viscosity in response to an applied magnetic field. In the absence of a magnetic field, the MR fluid was liquid-like in behavior, with randomly distributed particles that flowed freely to form a pool on a planar substrate. When a magnetic field was applied, the particles aligned into chains along the field lines and formed a spicular array of blade-like structures that resembled stalactite deposits. The fluid viscosity monotonically increased to reach a saturation plateau at a magnetic field strength of ~ 0.3 T. Explore further The term 4-D represents 3-D printed materials that can change shape or function in response to external conditions or stimuli, including mechanical force, swelling and magnetic fields. The existing demonstrations, however, lack deterministic control of mechanical properties or exhibit slow kinetics for the intended chemical transformations. In the present study, Jackson et al., reveal a new class of field-responsive mechanical metamaterials (FRMM) that are 3-D printed to exhibit programmable, predictive, reversible and controlled mechanical properties in rapid response to a remote magnetic field. Video of a cuboctahedron lattice with a 10-g mass placed on its top surface and the magnetic field strength gradually lowered by slowly removing a magnet. Credit: Science Advances, doi: 10.1126/sciadv.aau6419 Journal information: Nature Materials Single strut characterization. (A and B) Schematic illustrations of how the magnetic field application direction affects the stiffening of a strut. (A) In the axial case, a magnetic field applied transverse to the strut will produce no increase in axial stiffness, regardless of field strength applied. (B) In the bending case, a magnetic field applied perpendicular to the displacement will have no effect on bending stiffness, regardless of the field strength applied. (C) Side view optical image of the hollow polymer strut before filling in with MR fluid. Inset is a scanning electron microscopy micrograph of the hollow polymer strut cross section. (D) Side view optical image after infilling with MR fluid. The strut dimensions are 1.0-mm inner diameter (ID), 1.1-mm outer diameter (OD), 50-μm wall thickness, and 5-mm length (L). (E and F) Force-displacement slope versus magnetic field strength plots. (E) Uniaxial compression showing experimental results and model calibration. Inset is a schematic illustration of the experimental setup from the side view. (F) Cantilevered bending showing experimental results and model calibration. Inset is a schematic illustration of the experimental setup from the side and cross-sectional views. The table indicates a summary of the calibrated material constants. Credit: Science Advances, doi: 10.1126/sciadv.aau6419. To observe the field response effect of the mechanical metamaterial lattice, the scientists placed a static load of 10 g mass, with an initial condition of 0.11 T maximum applied magnetic field. When the magnetic field was slowly removed, the effective stiffness decreased, deforming the lattice under the load to compress and bend. Upon complete removal of the magnet, the mass slid off the lattice surface to show the changed load-carrying ability. The FRMMs can change stiffness in a stress-controlled experiment, by solely adjusting the magnetic field. The work demonstrated the first tunable FRMMs with a dynamic range of rapid and reversible mechanical reactions in response to remotely applied magnetic fields. The development process is agile and simple for replication, based on 3-D printing, combined with controlled fluid delivery methods to engineer a new class of microarchitectural mechanical metamaterials. Future FRMMs can be composed of active microfluidic networks to regulate the flow of MR fluids in micro-compartments for time-controlled accessibility. Magnetic shaping can increase directional control for a variety of applications. The scientists envision the use of FRMMs in a broad range of emerging applications including soft robotics, as rapidly adaptive “crash-resistant” helmets for cyclists and as noise-cancelling smart wearables. More information: Julie A. Jackson et al. Field responsive mechanical metamaterials, Science Advances (2018). DOI: 10.1126/sciadv.aau6419Ulrike G. K. Wegst et al. Bioinspired structural materials, Nature Materials (2014). DOI: 10.1038/nmat4089 Qi Ge et al. Multimaterial 4-D Printing with Tailorable Shape Memory Polymers, Scientific Reports (2016). DOI: 10.1038/srep31110 A. Sydney Gladman et al. Biomimetic 4-D printing, Nature Materials (2016). DOI: 10.1038/nmat4544 Structure and rheological tests of MR fluid in response to applied magnetic fields. (A) Optical image of the MR fluid forming a liquid pool on a planar substrate in the absence of a magnetic field. (B) Optical image of the MR fluid forming ordered, blade-like columns in the presence of a magnetic field. (C) Rheological plot of the MR fluid’s relative steady-state viscosity, which increases with increasing applied magnetic field strength. The field off steady-state viscosity is 140 cP. (D) Rheological plot demonstrating the response time of the MR fluid at various magnetic field strengths. Credit: Science Advances, doi: 10.1126/sciadv.aau6419 3-D printed active metamaterials for sound and vibration control 3D printing and MR fluid infilling of unit cells. (A) Schematic illustration of the LAPμSL 3D printing process used to build struts, unit cells, and lattices. (B) Optical image of a resin-filled polymer cuboctahedron unit cell. (C) Optical image of drained (hollow) unit cells affixed with a dissolvable wax to syringe nozzles for infilling. (D) Optical images from a time-lapse recording of the MR fluid filling in process. (E to G) Optical image of the unit cell with inlet (green) and outlet (red) ports separated by various strut lengths. (E) Ports separated by one strut. (F) Ports separated by two struts. (G) Ports separated by three struts with the highest degree of infilling. Credit: Science Advances, doi: 10.1126/sciadv.aau6419 , Science Advances The scientists showed the feasibility of the fabrication and mechanical testing approach for more complex architectures by 3-D printing cuboctahedron unit cells using the LAPµSL process. The unit cells were removed of any prepolymer liquid resin and injected with the MR fluid. The filling in (or infilling) procedure was successful when the structure was oriented to prevent entrapped gas bubbles.Jackson et al. tested the cuboctahedron unit cells in a custom apparatus by varying the distance of the magnet to the unit cell structure to control the magnetic field strength. They calculated the relationship between the effective Young’s modulus and the magnetic field strength of the unit cell through compression tests. The response time was measured by the rate at which mechanical properties changed in the material in response to the application or removal of a magnetic field. The reversibility of the magneto-mechanical results was also tested with a strain-controlled measurement, where the cell cycled between field on/off states while under 10 percent compressive strain. The magnetic particles transitioned faster from a state of disorder to order when the magnetic field was applied.The scientists showed the possibility of creating a larger area FRMM by printing a cuboctahedron lattice with 2 by 2 by 2 arrangement of unit cells. To produce the specimens, the drained hollow lattices were injected with MR fluid as before, but in this instance with two syringes attached to each unit cell. Once again, the stiffness response of the lattice was measured as a function of the magnetic field strength. Citation: Field-responsive mechanical metamaterials (FRMMs) (2018, December 11) retrieved 18 August 2019 from https://phys.org/news/2018-12-field-responsive-mechanical-metamaterials-frmms.html In the study, magneto-mechanical tests were conducted with compression and cantilever bending. Each cylinder (strut) was filled with commercially available MR fluid, which comprised of 50 percent carbonyl iron particles (ranging from 4 to 20 µm) in a hydrocarbon particle stabilizer oil. Each magneto-mechanical test was repeated at several magnetic field strengths, where the field was aligned in parallel to the direction of applied force to obtain a series of force-displacement curves. Among the diverse orientations, the effective stiffness was largest when the field applied was parallel to the direction of the force. The tests were used to calibrate the model at the level of a single strut and ultimately predict the field response of a bigger lattice architecture.The scientists used a standard composite beam theory, where the analysis assumed the Euler-Bernoulli bending theory to derive a model of the strut. The theory included the effective elastic stiffness of the MR-fluid and elastic stiffness of the struts (Young’s modulus). The analytical model assumed a linear relationship between the mechanical strength and increase in the magnetic field. The experiments were kept below the threshold value of 0.3 T since the MR fluid was previously observed to saturate at this value. Magneto-mechanical characterization of cuboctahedron unit cells. (A) Schematic illustration of the experimental setup for mechanical testing of MR fluid–filled samples with magnetic field strength controlled by translating a permanent magnet close to or away from the sample while measuring mechanical properties. (B) Plot of effective stiffness versus magnetic field strength for the cuboctahedron unit cell showing a 62% increase in stiffness from 0 to 0.18 T. Inset is an optical image of the MR fluid–filled unit cell. (C) Load versus time plot for one example of cycling a unit cell between field off (0.0 T) and field on (0.10 T) states to measure response times. (D) Schematic illustration of how the particles switch from ordered to disordered structures within the MR fluid–filled struts of the unit cells during field application or removal. Credit: Science Advances, doi: 10.1126/sciadv.aau6419 , Scientific Reports In a recent study published in Science Advances, materials scientists Julie A. Jackson and colleagues presented a new class of materials architecture called field-responsive mechanical metamaterials (FRMM). The FRMMs exhibit dynamic control and on-the-fly tunability for designing and selecting the construct’s composition and structure. Typically, properties of mechanical metamaterials are programmed and set when the architecture is designed and constructed, without changing in response to shifting external environmental conditions or applications thereafter. The diverse characteristics of FRMMs were first demonstrated by printing complex structures of polymeric tubes filled in with magnetorheological (MR) fluid suspensions to allow remote magnetic fields to control the materials. Accordingly, the scientists observed rapid, reversible and sizable changes of the effective stiffness in the new metamaterial constructs. © 2018 Science X Network Synthetic materials often mimic cellular structures such as teeth, bone and bird beaks in nature to replicate their excellent strength and toughness relative to density. Advanced materials are bioengineered to mimic stochastic (random) cellular structures in the form of polymers and metal foams for structural and functional applications. Nature can also create periodic architectures by evolutionary design, where ordered cellular structures outperform the stochastic counterparts as seen with defensive armor shells and dactyl clubs in crustacea. In the lab, additive manufacturing techniques and 3-D printing are used to engineer cellular structures with nano-, micro-, meso- and macro-scale features that exhibit unique combinations of mechanical, functional and thermal properties. Often referred to as metamaterials, the structures have demonstrated innovative characteristics, including:Lightweight, yet stiff and strong architecture in 3-D ceramic nanolatticesHigh mechanical resilience in graphene periodic 3-D aerogel microlattices.Negative Poisson’s ratio in origami-based metamaterials. Elasto-mechanical “unfeelability” cloaks and invisibility cloaks Multimaterial layouts with negative coefficients of thermal expansion.These materials combine two or more contrasting features for unique properties, but their architecture remains fixed in time after fabrication. As a result, the materials cannot respond and adapt to changing external conditions. Adaptable and responsive materials are increasingly engineered via 4-D printing, in which the fourth dimension represents time, presently emerging as a new research area in materials science. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

YouTube Channels Suspended For Coordinat

first_img SOPA Images YouTube Channels Suspended For ‘Coordinated’… by NPR News Scott Neuman 8.23.19 3:46am Google has suspended 210 YouTube channels it says were being used as part of a “coordinated” campaign to influence public opinion about the pro-democracy protests in Hong Kong.The move follows Twitter’s suspension earlier this week of nearly 1,000 accounts for violating the company’s “platform manipulation policies” it said were tied to Chinese state actors trying to undermine the Hong Kong protests. Facebook said it was also taking down several pages and accounts for “coordinated inauthentic behavior as part of a small network that originated in China and focused on Hong Kong.”In a statement, Google, which owns YouTube and whose parent company is Alphabet Inc., said its decision to suspend the channels was “to combat coordinated influence operations,” but it stopped short of directly blaming the Chinese government.It said the channels “behaved in a coordinated manner while uploading videos related to the ongoing protests in Hong Kong,” adding that their discovery “was consistent with recent observations and actions related to China announced by Facebook and Twitter.””We found use of VPNs and other methods to disguise the origin of these accounts and other activity commonly associated with coordinated influence operations,” the statement said.Google is a financial supporter of NPR.The student-led protests in Hong Kong have been going on for nearly 11 weeks. They started out with calls for the government to kill a controversial bill that would have allowed some accused of crimes in Hong Kong to be sent to mainland China for trial. Since then, the protesters have added old and new grievances, including calls for the direct election of Hong Kong’s chief executive and an independent investigation of alleged police brutality in dealing with the demonstrators.Meanwhile, Beijing has weighed in, warning protesters that they are “playing with fire” and making it known that China would respond with force if necessary. Chinese state media has broadcast video of armored personnel carriers participating in drills conducted by the Chinese People’s Armed Police in the neighboring city of Shenzhen.China’s Foreign Ministry’s spokesman Geng Shuang, responding on Tuesday to the reports that Twitter and Facebook had suspended accounts over the alleged influence campaign, said he believed “people around the world will come to their own judgement about what happens in Hong Kong and what is the truth.”The news from Google comes as a bipartisan group of lawmakers on Capitol Hill warns that China is using social media platforms to manipulate public opinion over Hong Kong, according to The Hill.Praising Facebook and Twitter for their quick action, California Democrat Rep. Adam Schiff, the chairman of the House Intelligence Committee, told the newspaper, “We know from experience that social media platforms can be powerful engines for spreading false information online with real world consequences.”Copyright 2019 NPR. To see more, visit NPR.last_img read more

Supriyo back in controversy over derogatory theme song

first_imgKolkata: Outgoing BJP MP from Asansol Babul Supriyo, who is contesting from the same constituency, triggered controversy yet again on Sunday morning as he was accused of playing the theme song of his party, which has already been banned by the Election Commission.The theme song had been sung by Supriyo himself. The commission had, however, issued a ban on the song immediately after it found the lyrics to be derogatory in nature. The commission had instructed the state BJP leaders to change the lyrics and the language of the song, as it had attacked Trinamool Congress and its supremo Mamata Banerjee in a subtle way. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataThe office of the Chief Electoral Officer (CEO) had clearly stated that the song could not be played under any circumstances by Supriyo or any other BJP leader, during the election campaigns. The CEO’s office had also told BJP that they would only consider lifting the ban after the party submits a revised version of the song, with changed lyrics and language. The commission had asked the BJP leaders to remove some lines from Supriyo’s song, as it had been identified as ‘derogatory in nature’. The election officials made their stand clear that they would give a go-ahead to the party only if they find the song devoid of any subtle attack on any other political party. Supriyo had also not obtained any prior permission from the Election Commission to sing the theme song for his party. Also Read – Lightning kills 8, injures 16 in stateIn sharp contrast and blatant disregard for the directive of the CEO’s office, BJP leaders and activists were seen playing the song on loudspeakers fitted in their vehicles, on their way to the rally at Brigade parade ground which was attended by Prime Minister Narendra Modi recently. Supriyo had taken out a rally in Asansol on Sunday morning, when the controversial theme song was played in a speaker fitted on a tableau. The commission is currently looking into the matter. They are also keeping a tab on the media cell. However, Supriyo told the media that he did not receive any letter from the commission regarding the ban. He said what he had received from the commission was a letter asking for a revision in the lyric of the song. The legal cell of BJP is looking into the matter, Supriyo told the media in Asansol.last_img read more

Elon Musk to Build Hyperloop Track Likely in Texas

first_img This story originally appeared on CNBC Growing a business sometimes requires thinking outside the box. 2 min read Elon Musk plans to build a test track for a high-speed Hyperloop transportation system, most likely in Texas, he tweeted on Thursday.Will be building a Hyperloop test track for companies and student teams to test out their pods. Most likely in Texas.— Elon Musk (@elonmusk) January 15, 2015The system would allow passengers to zoom in pods through systems of tubes at speeds of at least 600 miles per hour, which would easily outpace current high-speed rail systems. Companies and students could test out their pods at the test track, Musk said.Previous reports have indicated that the Hyperloop system—plans for which Musk unveiled in 2013— could chop a trip from Los Angeles to San Francisco to about 30 minutes for less than the cost of an airline ticket.Hyperloop Transportation Technologies, a crowd-funded organization unaffiliated with Musk that has worked to develop the concept, could not immediately be reached to comment on its knowledge of plans for a test track. Tesla Motors and Musk, its chief executive, have repeatedly undertaken efforts in Texas to ease its restrictions on direct auto sales.Model of the Hyperloop system as described by Elon Musk.Image credit: Tesla MotorsHe added that he would consider holding a “pod racer competition” for students at the test track.Also thinking of having an annual student Hyperloop pod racer competition, like Formula SAE http://t.co/HV9BLCoMb8— Elon Musk (@elonmusk) January 15, 2015 —CNBC’s Phil LeBeau and NBC News contributed to this report. Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global January 15, 2015last_img read more

Search is on for CLIAs next President CEO as DAousts departure looms

first_img Share Search is on for CLIA’s next President & CEO as D’Aoust’s departure looms Tags: CLIA, Retirement Thursday, July 19, 2018 Travelweek Group center_img MIAMI — CLIA President and CEO Cindy D’Aoust has announced she will be stepping down from her post at the end of the year to focus on family priorities.D’Aoust will remain in her role until a successor is identified and will help oversee the transition of a new leader, says CLIA. CLIA’s Global Executive Committee is developing a transition plan that will include a search for a new president and CEO. “CLIA has been fortunate to have Cindy at the helm for the last two years but we respect her decision to focus on her family and wish her all the best,” said Arnold Donald, Global Chair, CLIA and President and CEO, Carnival Corporation & plc.CLIA says it has retained the services of executive search firm Russell Reynolds Associates to lead the search for a new president and CEO. Posted by << Previous PostNext Post >>last_img read more