Town Officials Brainstorm Ideas To Fix Emergency Vehicle Obstruction At N Wilmington Station

first_imgWILMINGTON, MA — Town Manager Jeff Hull updated the public on the town’s latest efforts to address the ongoing issue of trains stopping at the North Wilmington Commuter Rail station on Route 62 and blocking emergency vehicles en route to emergencies.Town officials, including Hull and Selectman Chair Kevin Caira, recently met with State Senator Bruce Tarr, State Representative David Robertson, and others to discuss the matter.Hull stressed the station’s ridership is extremely low, which is affecting MBTA’s desire to fix the situation.“On average, the number of riders inbound is 57 per day and outbound is 85 per day,” said Hull. “This colors MBTA’s approach to dealing to this. With ridership at those levels, I think there’s some trepidation about spending money on upgrades to that area.”Hull outlined two scenarios the town are currently exploring.“Right now, for every scheduled stop, the train does – in fact – come to a complete stop, even if people aren’t trying to onboard or offboard,” explained Hull. “The thought going forward is, when there’s no ridership at the station, for the train to continue to travel through at a slow rate, but not stop. This doesn’t solve the problem, but the train will be impeding travel for a shorter period of time.”Hull and officials are also looking into the Federal Transit Administration’s criteria that governs the requirements to making substantial upgrades when a platform is being redesigned. A redesigned platform could potentially allow trains to sometimes pull through without having to stop across Route 62.“There may be cases with stations like Wilmington’s where the ridership level is so low that there may be some limited upgrades that can be made without triggering a more expansive and expensive upgrade to the whole facility,” noted Hull.Wilmington’s legislative delegation at the State House will provide an update to the town in mid-February.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email this:TwitterFacebookLike this:Like Loading… RelatedSELECTMEN NEWS: Town Comes Up With Fix For North Wilmington Commuter Rail StationIn “Government”THIS NEEDS TO STOP: Selectmen Outraged At MBTA As Trains Continue To Block Route 62 In N. WilmingtonIn “Government”SELECTMEN NEWS: Board Grapples With Whether To Eliminate 5 Daily Stops At N. Wilmington Commuter Rail StationIn “Government”last_img read more

Ford is investigating its US emissionscertification process

first_img Post a comment Share your voice 2020 BMW M340i review: A dash of M makes everything better 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value Ford Preview • 2019 Ford Ranger: Bad mudder trucker News • 2019 Ford Ranger recalled for improperly assembled seatbelts 2019 Ford Ranger: It’s got the look More From Roadshow Fordcenter_img Tags More about 2019 Ford Ranger Car Industry Enlarge ImageFord is looking into the way it tests fuel economy for new vehicles, starting with the 2019 Ranger. Emme Hall/Roadshow Ford announced Thursday that it has opened an investigation into its process for certifying vehicles for US fuel-economy and emissions tests. Ford stresses that the investigation is not about the existence of “defeat devices,” as was the case in VW’s Dieselgate scandal. Rather, the automaker is looking into its road-load calculations.Road-load calculations are used for evaluating a vehicle’s rolling resistance and thus for configuring dynamometers used to test for fuel economy and emissions. Engineers can check the mathematical models used to create the road-load figures with coast-down tests, which involve checking how far and for how long a vehicle continues to coast in neutral.Ford does not believe thus far that any testing errors caused errors in terms of fuel-economy figures. “There’s been no determination that this affects Ford’s fuel economy labels or emissions certifications,” the company said in a statement.Ford opened the investigation after “a handful of employees” reported concerns about the tests in September. The automaker says it has hired an outside firm to investigate its road-load testing, as well as a lab that will conduct more coast-down tests. Moreover, the company is looking into “potential changes to our road-load modeling process.” Ford also voluntarily shared information on its investigation with the EPA and the California Air Resources Board.Ford is starting its review by evaluating how it tested the 2019 Ford Ranger, and says that it is also assessing some of its other vehicles.There’s some recent precedent for this type of investigation. In 2014, Hyundai and Kia paid a $100 million civil fine because they had miscalculated road-load data for as many as 1 million vehicles, resulting in incorrect fuel-economy ratings. 2020 Hyundai Palisade review: Posh enough to make Genesis jealous 36 Photos Review • 2019 Ford Ranger review: A midsize truck champ 0last_img read more

Sculpting tradition in modernity

first_imgHis inspirations from his predecessors have kindled in him the spark of creativity, where rootedness to living tradition acted as a point of departure, which has ultimately brought him to the creation of a series of sculptures under the title ‘The Babu, the Nayika and the Cat’ based on the urban-folk forms of the paintings famously known as ‘Kalighat Pat’developed in 19th century Calcutta around the temple of Kalighat. This series was first exhibited at the Indian Art Fair 2012 held in Delhi. Also Read – ‘Playing Jojo was emotionally exhausting’The bronze and fibre-glass sculptures displayed in the present show posit all the characteristic and visual philosophy of his works mentioned above.The lyrical lines, the rhythmic volume, the concentrated mass emerging out towards the dynamic outward surface from the still central core, creating the negative space through synchronization of positive volume, the rhythmic distortion of mythical figures from naturalistic conventions – all these aesthetic attributes of his works postulate his position as a modern and modernist sculptor emanating traditionally oriented contemporary values. Also Read – Leslie doing new comedy special with NetflixApart from the bronzes of mythical and humanist subjects of his well known genre in this show there are six pieces of his Kalighat Pat based works, four of which are in coloured fibre glass and two in bronze.In developing these witty, humorous, lyrically rhythmic yet socially critical forms he has displayed a kind of post-modern values in the evaluation of a defunct tradition and using it to transpire some of the intrinsic features of contemporary life.last_img read more

Garments worth Rs 3 cr seized by customs

first_imgKolkata: Customs officials on Thursday seized garments worth Rs 3 crore after intercepting a trawler which attempted to smuggle out goods to Bangladesh through the Sunderban riverine route. An official said the department’s preventive and intelligence branch acted upon a report that fishing trawlers were being used to smuggle various goods to Bangladesh. “The route being taken by the smugglers was narrowed down to a specific area near Patharpratima zone in the Sunderbans,” said the official. Also Read – 3 injured, flight, train services hit as rains lash BengalActing on a tip-off, the department’s marine vessels with officers were deployed at Namkhana. They spotted the trawler early on Thursday. After being chased by customs’ officials for about 12 km, the trawler moved towards the right bank of Ramganga river and its crew jumped off it and ran away into the forest. “On a preliminary examination of the seized trawler, about 300 gunny bags containing garments worth Rs 3 crore were recovered,” official said. He said efforts were on to trace the owner and crew of the trawler.last_img read more

Almost a year ago I was criticised for pointing

first_img“Almost a year ago, I was criticised for pointing out that the progress of the North West Medical School would be hampered by the lack of government here. “Sadly, since that time, the DUP and Sinn Féin have failed to form a government and, in my opinion, are failing to make a meaningful effort to do so.“The need for this project is undeniable and it is urgent. “This year I anticipate that the locum bill for the Western Trust area will exceed £20 million. dupDurkan: Medical School set back disappointing but not surprisingFOYLE MLAMagee CampusMark H Durkanmedical schoolSDLPSinn Fein ShareTweet THE SDLP’s Mark H Durkan has expressed his disappointment that plans for the Medical School at the Magee Campus in Derry will be postponed. Mr Durkan added that although this is extremely disheartening it isn’t at all surprising giving the lack of Government here.The Foyle MLA said: “This setback is extremely disappointing and frustrating but it is not at all surprising. “This is directly attributable to the difficulty we have in attracting doctors who have been trained elsewhere to come here and settle here. “The establishment of a medical school here would solve this worsening situation and also play a pivotal role in the expansion of Magee and the regeneration of our local economy.“Every day we hear of people suffering and projects stalling as the result of us not having Ministers in place. This is just the latest example. “The DUP and Sinn Féin really do need to reassess their priorities and start putting people first,” added Mr Durkan.Durkan: Medical School set back disappointing but not surprising was last modified: November 8th, 2018 by John2John2 Tags:last_img read more

Oil has taken investors for a ride lately Its no

first_imgOil has taken investors for a ride lately.It’s no secret that commodities are volatile. They experience booms and busts.In a downturn, commodity prices can fall through the floor. During a boom, they can soar.After falling for almost two straight years, oil began a new bull market earlier this year. But it hasn’t gone straight up over the last few months.Just take a look at the chart below. You can see that oil has made five big moves since June. Again, this isn’t unheard of…but there’s a particular reason oil’s been trading wildly as of late.• The Organization of the Petroleum Exporting Countries (OPEC) isn’t working together…OPEC is a cartel of major oil-producing countries. It supplies about 40% of the world’s oil.For decades, OPEC set production limits to keep oil prices high. But it stopped doing that last December when it abandoned its production limit of 30 million barrels per day (bpd).Since then, it’s been every OPEC country for itself.Last month, Saudi Arabia, OPEC’s biggest producer, pumped a record amount of oil. Meanwhile, Iran and Iraq are in the process of ramping up production.In a way, pumping a lot of oil is good for these countries. It means they have more barrels of oil to sell. But OPEC is also flooding the global economy with oil. And that’s the main reason oil still trades for half of what it did two years ago.• OPEC made a deal to cut oil production on September 30…This helped the price of oil surge 20% in just four weeks.But OPEC didn’t actually make any cuts at this meeting. It plans to do that on November 30.There’s just one problem. Iraq, OPEC’s second-biggest producer, doesn’t want to cut production. As we explained in October, the entire agreement could fall apart if Iraq backs out.Concerns about the upcoming OPEC deal triggered oil’s most recent pullback.• Yesterday, investors got a reason to believe the OPEC deal will still happen…The Wall Street Journal reported yesterday:[T]he Organization of the Petroleum Exporting Countries reaffirmed its commitment to cutting output. OPEC Secretary-General Mohammed Barkindo said Monday that the cartel remains committed to the tentative accord the group reached in Algiers in September, and that Russia remains on board with the plan to limit output.Russia, the world’s biggest oil producer, is not part of OPEC. But, like many OPEC countries, Russia wants higher oil prices. That’s why it will join OPEC in Vienna on November 30. According to Bloomberg, Russia said it will freeze production for six months or longer “if OPEC reached an agreement first.”• The price of oil jumped 1.9% on the news…Still, we aren’t holding our breath for an OPEC deal.All year, OPEC’s been trying to either cap or cut its production. It’s done neither. Instead, it pumped a record amount of oil last month.Frankly, we’re not surprised OPEC can’t get on the same page. After all, these countries revolve around oil. If they produce less oil, their economies could have big problems.• No one knows what OPEC’s next move will be…If it cuts or even caps output, oil could rally.If it does nothing, the price of oil should stay where it’s at or head lower.In short, we don’t think you should make bets on what OPEC may or may not do. That’s basically speculation at this point.• But that doesn’t mean you should avoid oil stocks…Like it or not, the global economy still runs on oil. That tells us oil will eventually rebound.Also, many oil stocks are dirt-cheap today. Consider the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which tracks 60 U.S. oil companies. It’s trading 58% below its 2014 high…and that’s after rallying 51% since February.If you’re going to invest in oil stocks, stick with the strongest companies.We like companies with high-quality assets, strong balance sheets, and healthy profit margins.In March, Crisis Investing editor Nick Giambruno recommended a company that checks all these boxes. Before we tell you about this company, you need to understand something about Nick.He doesn’t invest like most investors.He doesn’t chase high-flying stocks. He likes to invest in industries and countries most investors won’t go near.According to Nick, this method can allow you to buy world-class businesses for bargain prices. Sometimes, you can even buy a dollar’s worth of assets for a dime or less. – The Saudis’ NEXT Big Move Could Tank the DollarThe Saudis are preparing for a major move, one bigger than the OPEC oil embargo of 1973. This time it has nothing to do with oil, but could turn the dollar to dust. And send gold surging to $5,000 and beyond. You have until December 31st to find out how to position yourself. Click here for the full story. Recommended Links ANNOUNCED: Switch To “World Money” Could Happen SoonerIf you’ve got any money at all in a U.S.-based savings account, please pay attention. On September 30, a brand-new kind of “world money” was released into the wild. Its purpose? Ultimately, it’s the currency that could replace the U.S. dollar. But now there’s been a NEW development… and it could dangerously accelerate this move out of the dollar. You need to take at least three protective steps before this happens. Find out what those steps are – and what this threat is – by clicking this link. • Earlier this year, the oil industry was one of the most hated markets on the planet…The price of oil was down more than 75% from its 2014 high. On February 11, the price of oil hit its lowest price since 2003.At the time, most investors wanted nothing to do with oil stocks…but Nick saw an opportunity.A month later, he recommended an oil stock to his readers. It was a bold investment…but it’s paid off.Nick’s oil stock is up 24% since March. You can see it’s also done well despite oil’s recent pullback.• Nick says this oil company has actually emerged from the oil downturn stronger…Nick explains:It’s no surprise at all that shares have remained resilient.This company’s focus during the oil downturn has been to increase efficiencies so that it can thrive in periods of low oil prices. This includes well completion technology, precision targeting, and cost reductions.According to Nick, these efforts have paid off big time:The company recently announced that it had increased the resource potential in its “premium locations” by over 75%. These are areas where it can earn at least a 30% rate of return at a $40/barrel oil price. At current drilling rates, that’s enough resources in premium locations to last the company more than a decade.In an industry that is struggling to survive, this company is a clear standout. It’s the best equipped to not only survive a prolonged period of lower oil prices, but deliver enormous profits when oil prices inevitably rebound.• Nick isn’t just making money for his readers in the beaten-down oil industry…His readers are also up 74% on a Ukrainian agricultural operator that he recommended in July.And they’re up 19% on an African beer and beverage company he recommended in April.You can learn more about these companies and Nick’s other crisis investments by signing up for Crisis Investing. But, before you do, check out this short presentation.This video explains why crisis investing is one of the most powerful ways to build wealth. As you’ll see, legendary investors John Templeton, Warren Buffett, and Casey Research founder Doug Casey used this same approach to build their fortunes.Click here to watch this FREE 15-minute video.How to Make a Fortune as $300 Billion in Corporate Debt ExplodesEditor’s note: Central bankers have gone off the rails trying to stimulate the global economy.They’ve cut interest rates more than 670 times and “printed” more than $12 trillion since 2008.These stimulus measures haven’t helped the economy. But they did encourage Corporate America to borrow giant sums of money. According to many key measures, corporate leverage is now dangerously high.Our friend Porter Stansberry, founder of Stansberry Research, thinks this is all going to end very badly. Most people won’t prepare for this. They’ll take heavy losses. But Porter and his team have put together a blockbuster trade that could turn this coming crisis into a huge money-making opportunity.A few shrewd investors made a similar trade during the last housing bubble. When housing prices crashed, they made billions. Porter says we’re looking at the same kind of opportunity right now.He explains why in the essay below. This essay originally ran on September 30, 2016, in The Stansberry Digest.From Porter Stansberry, founder, Stansberry Research***Recently, I told you a little about what I believe is the biggest and most important opportunity I’ve ever seen in my entire 20-year career.If you haven’t noticed, a historic mania has developed in the world’s bond markets. Central banks have pushed so much new money into bonds (in an effort to manipulate interest rates lower) that corporate bonds have begun trading with negative yields, meaning that corporations are now being paid to borrow.This, as you might realize, makes absolutely no sense. Sooner or later, it’s going to cause catastrophic problems with the world economy – perhaps even the collapse of the entire financial system.I hope you’ll print out today’s Digest, read it carefully, and continue to monitor a few of the data points I’ll detail below. What I’ve written here is a guide to understanding how this incredible global mania will end… and when.I’m also including a detailed description of what I’m calling the “Big Trade.” It’s a relatively simple way individual investors can create synthetic credit default swaps (CDS) on a few dozen of the world’s weakest corporate credits. Remember, CDS were the instruments that a few investors used to make billions of dollars when the mortgage bubble burst almost 10 years ago. And I think we’ll soon have another chance at those types of profits.***This morning, the European banking system moved one step closer to the brink…One of Europe’s largest banks, Deutsche Bank, is teetering on disaster… And German Chancellor Angela Merkel has said the country won’t provide a bailout. Meanwhile, Deutsche’s CEO John Cryan is blaming “speculators” – not shoddy lending and a stagnant economy – for the bank’s woes. He’s trying to reassure the bank’s 100,000 employees that Deutsche remains strong, despite its clients rushing to withdraw funds.***Deutsche has roughly $2 trillion in assets. That’s almost 11% of U.S. GDP. By this metric, that’s slightly larger than U.S. banks Wells Fargo, which has $1.9 trillion in assets, and Citigroup, which has $1.8 trillion in assets.But here’s the thing… Deutsche has a tangible common equity ratio of just 2.9%. That’s the bank’s tangible equity divided by its tangible assets. What this means is the bank can sustain losses of only 2.9% before its equity capital is wiped out. By comparison, Wells Fargo sits at 7.7%, while Citigroup shows 10.3%.According to the International Monetary Fund, Deutsche is the riskiest financial institution in the world… the “most important net contributor to [global] systemic risks.” But the problems don’t stop with Deutsche. The likelihood of a “Lehman moment” in Europe gets closer each day.***The European Central Bank estimates that European banks hold bad loans totaling nearly 1 trillion euros – that’s the equivalent of 9% of euro-area gross domestic product (GDP). Italy’s Banca Monte dei Paschi di Siena, the oldest bank in the world, needs to raise 5 billion euros of equity (on top of the 8 billion it has raised in the past few years) and dump 28 billion euros of bad debt. The bank is also considering encouraging its bondholders to swap debt for equity – essentially admitting default. Its shares are down 85% this year. Italy’s UniCredit is also doomed… As are banks like Banco Popular Español SA.***We could soon see the equivalent of a 2008 crisis in Europe. Rest assured, the financial problems coming to roost abroad will spark a global selloff in equities. Nothing will be spared (save gold and silver).Editor’s note: Porter is launching a brand-new service next week…Stansberry’s Big Trade will show you how to protect yourself and profit as the Fed’s latest bubble inevitably pops.In fact, Porter believes this is the single best opportunity for huge speculative gains he has ever seen in his career. He believes the gains could dwarf those subscribers made in the last crisis, when he famously predicted the demise of Fannie Mae and Freddie Mac, General Motors, and others.Porter will be hosting a live presentation on Wednesday, November 16, at 8 p.m. ET to explain it all…including exactly what happens next, and what you need to do to prepare.Access is free for readers, but this event is sure to fill up quickly. If you’re interested in attending, we urge you to sign up soon. Reserve your spot and make sure you receive important updates by clicking here. —last_img read more

Study Synthetic models can produce stress response similar to that of live

first_imgReviewed by James Ives, M.Psych. (Editor)Oct 5 2018A study from the University of Minnesota Combat Casualty Training Consortium shows no significant differences between the use of live tissue models and synthetic training models in the learners’ stress level. The study being presented at the CHEST Annual Meeting 2018 in San Antonio shows that similar stress levels can be reached in the learner while learning critical medical procedures with synthetic models. This type of simulation may be able to reduce the use of live animals for training without sacrificing educational quality.Researchers performed a randomized controlled study of 277 learners undergoing army combat simulation training and compared procedural training and assessment on a live tissue goat model versus the best-in-class synthetic training models. Participants were randomized twice, first to train on live or synthetic models, then to determine whether final assessment would be performed on live or synthetic models. Simulated procedures included hemorrhage control, needle thoracostomy, tube thoracostomy and cricothyrotomy. Physiologic stress responses of the medics were evaluated during the final assessment. Salivary amylase and cortisol levels were also used to assess stress response and were measured at baseline, t+5, 15, 25, 35, and 45 minutes post event start.Related StoriesStress-induced changes in heart rate may impair auditory perceptionStress during early pregnancy may reduce future fertility of offspringStudy explores the effects of near-miss experiences associated with 9/11 terrorist attacksNo significant differences were seen for peak stress response of salivary cortisol or amylase, regardless of LT or STM method for training or assessment. In addition, the stress response did not correlate significantly with total performance score.”High-fidelity simulation offers many advantages, including broad exposure to procedures, their complications and the opportunity for repetitious learning in a nonclinical setting,” says lead researcher Dr. Jonathan Keller. “The stress of learners undergoing simulation events is a growing field of interest. This study shows that synthetic models can produce a stress response equivalent to that of live tissue during simulation training.”Further results from these two studies will be shared at CHEST Annual Meeting 2018 in San Antonio on Wednesday, Oct. 10, 1:00 PM to 2:00 PM, at the Henry B. Gonzalez Convention Centre, Exhibit Hall. Source: read more

Teslas bad news accelerates as Wall Street loses faith

first_img Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk.But around the middle of December, investors started having doubts about the former Wall Street darling’s prospects for continued growth, and the stock started a gyrating fall that was among the worst in company history.For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles, which range in price from a base $35,400 Model 3 to a larger Model X SUV that can run well over $130,000.Morgan Stanley analyst Adam Jonas, on a private call with investors this week, raised the possibility that Tesla would have to be restructured due to rising debt and falling sales. A leaked memo to employees from Musk that said sales were up stanched the stock’s bleeding, and no one is really certain about what’s next.Here’s a look at what has happened and what might be in the future for the electric car and solar panel company:____WHEN DID TESLA’S STOCK START FALLING AND WHY?A downhill snowball of bad news eclipsed anything good Tesla did, and raised investor doubt about whether there are enough buyers left who want and can afford Tesla vehicles. Throw in a little bit of erratic behavior from Musk as well.Just before Tesla stock hit a late-year peak on Dec. 13, Musk did a weekend interview with CBS’ 60 Minutes that escalated a spat with securities regulators over his tweeting out company information. This time, he said it was unrealistic to think Tesla’s new chairwoman could control his behavior because he’s the largest shareholder. It came after Musk and Tesla each paid $20 million in fines in an October settlement with the U.S. Securities and Exchange Commission over ill-advised tweets.____WHAT ELSE HAPPENED?Just after the new year began, Tesla announced record fourth quarter sales that fell short of Wall Street expectations. The company also cut prices by $2,000 per vehicle to offset the phase-out of a $7,500 federal tax credit for Tesla. That increased doubts about future sales. Then Tesla eked out a small fourth-quarter profit that also disappointed investors. © 2019 The Associated Press. All rights reserved. Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. The snowball picked up momentum in February when Musk announced he would close most company stores and fill orders online. He also walked back his prediction of sustained quarterly profits, predicting a first quarter loss. When January-through-March sales figures came out, investors were disappointed again. The company had only 63,000 deliveries, down 31% from the fourth quarter.Musk later introduced the Model Y midsize SUV, but gave few details. Investors were nonplussed. Then came a conference call to announce fully self-driving cars by sometime next year, an announcement widely criticized by experts as unrealistic. The stock slump continued. With sales down, Tesla posted a larger-than-expected $702 million first-quarter loss in April, and Musk warned it wouldn’t be profitable in the second quarter either.In May, Tesla sold stock and notes that yielded $2.3 billion, increasing debt. Along the way, the SEC asked a judge to find Musk in contempt for tweets about vehicle production, a spat that was later settled. Also throw in reports of a leaked email last week from Musk to employees saying at the current cash burn rate, Tesla would go broke in 10 months.____WHAT HAPPENS NEXT?It all depends on whether Tesla can produce enough cars at its Fremont, California, factory and whether people keep buying them. Musk’s memo from Wednesday said the company has 50,000 net new orders this quarter and it could pass record deliveries of more than 90,000 in the fourth quarter of last year. That could generate enough cash to reverse the company’s fortunes. But many analysts are skeptical. Morgan Stanley’s Jonas didn’t think sales would be that strong.”We see shares continuing to trade lower on a lack of near-term catalysts and likely cut to vehicle sales guidance,” CFRA analyst Garrett Nelson wrote in a note to investors Thursday. He cut his one-year stock price target $50 to $150.Senior Analyst Jessica Caldwell of Edmunds, which provides content to The Associated Press, said Tesla has an uphill climb.”There doesn’t appear to be anything in the (product) pipeline that is going to save them,” she said. “Now Tesla seems to be losing the confidence of its biggest cheerleader, Wall Street.” 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. This July 8, 2018 photo shows Tesla 2018 Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of CEO Elon Musk. But around the middle of December 2018, investors started having doubts about the Wall Street darling’s prospects for continued growth. The stock started a gyrating fall that was among the worst in company history. (AP Photo/David Zalubowsi, File) Tesla shares recover after analyst’s prediction of trouble Citation: Tesla’s bad news accelerates as Wall Street loses faith (2019, May 24) retrieved 17 July 2019 from Explore furtherlast_img read more

Cyclone alert for Bay of Bengal

first_imgN-E monsoon may be delayed After the Arabian Sea, it is now the turn of the Bay of Bengal to host a tropical cyclone, with a prevailing ‘well-marked’ low-pressure area already intensifying into a depression. The depression lies about 720 km South-South-East of Gopalpur (Odisha), 690 km South-East of Kalingapatinam (Andhra Pradesh) this noon. Cyclone on TuesdayIndia Met Department (IMD) expects it to intensify further into a deep depression by tomorrow and into a cyclonic storm by Wednesday. It is very likely to move northwestwards towards Odisha and adjoining North Andhra Pradesh coasts by the weekend. Due to the presence of intense systems in the Arabian Sea and now in the Bay, the wind regime has changed over the Bay of Bengal and the adjoining sea areas. This has prompted a review of North-East monsoon forecast made earlier, and the IMD has clarified that the systems would temporarily interfere with the pattern of rainfall over the South Peninsula. This is because both these systems are active at the extremities of the respective ocean basins and have away-going flows feeding into them farther away from the coasts. While cyclone Luban in the Arabian Sea has easterlies to southeasterlies feeding into it, the wind regime in the Bay, where the North-East monsoon should establish first, the winds are south-westerlies. Conditions reassessedThe IMD has therefore assessed that the rainfall activity may decrease over the South Peninsula from Tuesday onwards. Hence, the commencement of the North-East monsoon, which was originally forecast to take place today, is not likely to take place. Development of favourable conditions will be closely monitored and developments assessed after the life cycle of the cyclonic system over the Bay of Bengal, the IMD said. Meanwhile, cyclone Luban now lies over West-Central and adjoining South-West Arabian Sea, 990 km East-Southeast of Salalah (Oman), 880 km east of Socotra Island (Yemen) and 1,300 km West-North-West of Minicoy (Lakshadweep Islands). It is forecast to intensify further into a severe cyclonic storm by tomorrow and move west-northwestwards towards South Oman and Yemen coasts during the next five days. SHARE SHARE EMAIL October 08, 2018 The depression lies about 720 km South-South-East of Gopalpur (Odisha), 690 km South-East of Kalingapatinam (Andhra Pradesh) as of October 8, 2018, noon. COMMENT SHARE Monsooncenter_img COMMENTS weather 0 cyclones Published onlast_img read more

In Parliamentary Party meet Rahul reiterates his decision to quit as Congress

first_imgSHARE COMMENT SHARE SHARE EMAIL Amid the leadership crises in the Congress, Rahul Gandhi on Wednesday reportedly told the Congress Parliamentary Party that his decision to quit as party president is final.The Congress Parliamentary Party, headed by Sonia Gandhi, met this morning in Parliament precinct where the issue of Rahul Gandhi taking sole responsibility for the party’s defeat in the Lok Sabha election was reportedly raised.Some MPs, including Shashi Tharoor and Manish Tiwari, have reportedly told him that the blame for the party’s defeat cannot be taken by just one individual. Simultaneously, there was a sit-in outside Rahul Gandhi’s house by Youth Congress members who urged him to reconsider his decision. Joined by senior leaders — Shakti Singh Gohil and JD Seelam — they shouted slogans demanding Rahul’s return.‘Rahul, a strong leader’“Indian Youth Congress firmly believes that only Rahul Gandhi is capable of providing strong leadership and pose resistance. While it is a fact that the Congress party has suffered a setback at the national level, this had happened in the past too and the party has sprung back with renewed energy every time. The victory of communal forces has led to apprehension and concern in the minds of all those who believe in secular and democratic values. In such a situation, Rahul Gandhi should lead the party,” said a statement issued by the Youth Congress.This is not the first time Rahul Gandhi has repeated his resolve to quit. There have been multiple meetings of the Congress top leaders since the party lost heavily to the BJP in the May 23 elections. Following the election results, Rahul offered his resignation during a meeting of the Congress Working Committee on May 25. While the CWC rejected the offer, Rahul has remained firm. It was initially decided that he would continue for a month till the party finds an alternative. But now at the end of the month, the Congress still remains rudderless.Meanwhile, the it is facing relentless attacks and gibes in both Houses of Parliament with the Prime Minister Narendra Modi himself leading the blistering charge. Besides the PM’s attack, other BJP MPs, too, have been openly questioning the Congress on the leadership crises. “Does the Congress have a President? Does anyone know?” asked BJP MP from Hazaribagh Jayant Sinha during the debate on the motion of thanks to the President in the Lok Sabha. June 26, 2019 COMMENTS Published onlast_img read more

Colombias Duque says working to stop slayings of community leaders

first_imgLIMA (Reuters) – Colombia is working to halt scores of slayings of community leaders by criminal groups and remnant bands of rebels following the country’s historic 2016 peace deal, President Ivan Duque said on Friday, during a visit from the UN Security Council.The peace agreement with Marxist FARC rebels ended a half-century conflict that killed some 260,000 people. But criminal groups and the National Liberation Army (ELN) have filled the void left by the FARC in remote areas to control narcotics and illegal mining operations.”They want to intimidate and kill social leaders who are calling on their communities to abandon illegal activities,” Duque told journalists as he spoke beside the presiding head of the Security Council, Gustavo Meza-Cuadra.The Security Council will be in Colombia through Sunday to assess progress under the peace deal, which is being tested by the disappearance of a FARC lawmaker wanted on drug-trafficking charges and by ongoing violence in parts of the country. World 10 Jul 2019 Former FARC leader in Colombia fails to show up in court in drug-trafficking case Related News {{category}} {{time}} {{title}} Related Newscenter_img Duque’s government has said that, according to cases verified by the United Nations, 281 community leaders were killed from May 2016 to May 2019.Duque said that during his meeting with the Security Council delegation, he detailed progress his government has made on reducing the pace of killings of community leaders.His government has said the number of killings of community leaders dropped about 30% over a recent 9-month period. But Human Rights Watch (HRW) has called that misleading because scores of killings in that period were still being verified.”The government of Colombia should be redoubling its efforts to address this crisis, not finding ways to downplay it,” Jose Miguel Vivano, HRW’s executive director for the Americas said in a statement last month.The peace agreement sought to demobilize some 13,000 FARC rebels, allowing them to re-integrate into society and politics.Gustavo-Meza with the Security Council praised Colombia’s peace deal as “example” for the world.The delegation, which arrived late on Thursday, will visit re-integration programs for former FARC rebels and meet with representatives of the FARC political party and a special court and commission for investigating war crimes.Duque said he asked the Security Council to continue reviewing Colombia’s progress on fulfilling the peace agreement for another year. “We think its work, scrutiny and accompaniment is vital to the success of this process,” he said. (Reporting By Luis Jaime Acosta, Additional Reporting and Writing By Mitra Taj; Editing by David Gregorio) World 19h ago New North Korea constitution calls Kim head of state, seen as step to U.S. peace treaty World 1d ago Colombia’s Duque says wanted FARC lawmaker may have fled to Venezuelalast_img read more

Epstein sought to pay off potential witnesses US prosecutors say

first_img World 09 Jul 2019 U.S. Attorney General Barr won’t recuse himself from New York case against Epstein-official World 10h ago Trump’s Labour Secretary Acosta resigns amid Epstein case According to an indictment, Epstein arranged for girls under the age of 18 to perform nude “massages” and other sex acts for him in his New York and Florida homes, and paid some girls to recruit others, from at least 2002 to 2005.Epstein had faced similar charges in 2007, but negotiated a deal to avoid federal prosecution and plead guilty to a single Florida state prostitution charge.In a court filing on Thursday, Epstein asked to be allowed to await trial under house arrest in his Manhattan mansion, offering to pay for private armed security.In Friday’s filing, however, prosecutors called Epstein “unrepentant and unreformed” and said his payments to possible witnesses, along with the risk he would use his wealth to flee the country, warranted keeping him behind bars.Prosecutors said Epstein paid $100,000 in November to a person identified in his 2007 non-prosecution agreement as a possible co-conspirator. They said he paid $250,000 in December to another person identified in the agreement as a possible co-conspirator and employee.The payments were made shortly after the Miami Herald began publishing a series of articles about Epstein, who was known for socializing with politicians and royalty.”This course of action, and in particular its timing, suggests the defendant was attempting to further influence co-conspirators who might provide information against him in light of the recently re-emerging allegations,” the prosecutors said.A hearing on Epstein’s bail request is scheduled for Monday morning. (Reporting by Brendan Pierson in New York; Editing by Sonya Hepinstall and Daniel Wallis) Related News {{category}} {{time}} {{title}}center_img Related News NEW YORK (Reuters) – Jailed American financier Jeffrey Epstein made payments to two potential witnesses seeking to influence them in the child sex trafficking case against him late last year, prosecutors said late on Friday.In a filing in Manhattan federal court, prosecutors said Epstein wired a total of $350,000 to the two individuals, who were not named. They said they learned of the payments through records they obtained from a financial institution, which was not identified.Epstein’s lawyers did not immediately respond to a request for comment.Epstein, 66, was arrested on July 6 at Teterboro Airport in New Jersey, where he had returned on his private plane from Paris. He has pleaded not guilty to sex trafficking and conspiracy and could face up to 45 years in prison. World 1d ago Jailed financier Epstein seeks house arrest in Manhattan mansionlast_img read more