October 19, 2021
  • 10:13 am Bank of Ireland sees losses surge
  • 10:13 am Retail sales up faster than forecast
  • 10:12 am Investors attack Mecom
  • 10:12 am Hedge funds lost out in August after stocks fell
  • 10:10 am Diageo says Europe is weak

first_imgImage source: USACEThe U.S. Army Corps of Engineers’ Detroit District has just released the latest update on their Duluth-Superior Harbor dredging project, located in western Lake Superior on the Minnesota-Wisconsin border.USACE said that the $1.93 million project, awarded to Roen Salvage Co., from Sturgeon Bay, Wisconsin, continues to flow along smoothly.Under the contract, the company will dredge approximately 150,000 cubic yards of material from the harbor and deposit the dredged material at the 40th Avenue West placement site, a shallow cove on the Duluth side of the harbor.USACE today released the latest photos from the work, showing how the Roen Salvage Company’s crew is preparing to offload a full scow – as part of the Fiscal Year 2018 Maintenance Dredging Program.Image source: USACElast_img read more

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first_img Bio Latest Posts Latest posts by Mike Mandell (see all) Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at [email protected] ELLSWORTH — Whether runners were wearing various shades of red, white and blue, camouflage-patterned clothing or anything else of note, Ellsworth had a patriotic feel in the air early Sunday morning.A total of 130 runners gathered at the Down East Family YMCA’s James Russell Wiggins Center on Sunday for the this year’s edition of the Veterans Remembrance Road Race. The fourth annual running of the race, which took place behind the Wiggins Center on Pond Street, stretched a total of 4 miles and featured runners as young as 9 years old and as old as 79.Prior to the race, a commemorative walk was held in which a number of contestants carried stones the entire length of the course. Those stones were engraved with the names of fallen soldiers.Among the stone carriers were Jason and Kristin Partridge of Bangor, both of whom are veterans themselves. The two hoisted their stones, which they said contained the names of former Air National Guard members, over their shoulders as they crossed the finish line.This is placeholder textThis is placeholder text“All these runners are very dedicated to their veterans and honoring what they fought so hard for,” DEFY Fitness Director Robin Clarke said. “They’ve done a lot of research on their soldiers.”One runner proudly held up a Wounded Warrior Project flag in his right hand from start to finish. Two others, James Perry of Eastbrook and Adam Murphy of Bangor, wore American flag-colored body suits that covered everything from their toes to their eyes the length of the race.Despite any possible hindrances that resulted from their festive attire, both Perry and Murphy placed in their respective age groups. Perry finished first among 20-29 men, and Murphy was second in the 40-49 grouping.Spectators applaud Judson Cake as he approaches the finish line at the Veterans Remembrance Road Race on Nov. 12 in Ellsworth. Cake won the race with a time of 21 minutes, 37 seconds. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELLElsewhere at the front of the pack, 39-year-old Judson Cake of Bar Harbor was the race’s top finisher with a winning time of 21 minutes, 37 seconds. Ellsworth High School’s Matt Shea finished exactly three minutes behind him to claim second place.Rounding out the top five were Ellsworth’s Rob Shea, Dedham’s Jim Hunt and Tremont’s Stanley Grierson. The top female finisher was Winterport’s Cecilia Dube, whose time of 27 minutes, 31 seconds earned her sixth place overall.Age group winners from Ellsworth were Matt Shea (men, 10-19), Rob Shea (men, 40-49) and Lloyd Harmon (men, 70-99). Second-place award winners from the city were Andrew Kephart (men, 30-39) Jamie Harding (women, 30-39), Tom Kirby (60-69) and Nancy Patterson (women, 60-69).All veterans were allowed to compete in the race for free with valid military identification. A total of 21 veterans competed in the event, and a portion of the proceeds benefited The Summit Project and the Maine Veterans Project.The next scheduled road race in Hancock County will be the Santa Run 5K, which will be held Dec. 3 at the Ellsworth Elementary-Middle School. Registration begins 8 a.m. on race day, and the event will begin at 10.center_img Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Hospice volunteers help families navigate grief and find hope – September 12, 2020last_img read more

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first_imgCOLLEGE BASKETBALL-NEWSPitino returning to college hoopsUNDATED (AP) — Rick Pitino is a college basketball coach once again.Pitino has accepted the head coaching position at Iona, three years after being forced to leave Louisville.Pitino was the first coach to take three different schools to the NCAA Final Four, doing it with Louisville, Kentucky and Providence. He won national championships with the 2013 Cardinals and 1996 Wildcats, although his Louisville title was vacated over NCAA violations involving the team’s director of basketball operations. In other developments related to the virus:— Cleveland State women’s basketball coach Chris Kielsmeier has tested positive for the coronavirus. CSU has issued a statement saying Kielsmeier is the first confirmed case of the virus at the school, as confirmed by Cuyahoga County health officials.— In Los Angeles, the Lakers, Clippers, Kings and Staples Center, have joined together to set up a fund to provide financial help to all hourly arena workers impacted by the stoppage of games. The fund will help compensate for lost wages through the end of the NBA and NHL regular seasons. Payments will go to over 2,800 workers.— The United Center ownership and the Chicago Bulls and Blackhawks say they will pay day-of-game employees through the end of their scheduled seasons. The NBA and NHL seasons have been suspended because of the coronavirus pandemic. In a statement attributed to Blackhawks owner Rocky Wirtz and Bulls owner Jerry Reinsdorf, the teams say their employees “are family, and we will navigate this unprecedented situation together.”— Japanese Prime Minister Shinzo Abe (shin-zoh AH’-bay) says his country still intends to host the Olympic Games in Tokyo as planned. He says the virus outbreak hasn’t reached a point in Japan that requires him to declare a national emergency like the United States and parts of Europe. Abe says Japan is continuing to “coordinate well” with the International Olympic Committee. President Donald Trump suggested this week that Japan should consider postponing the Olympics, which are scheduled to open July 24. The Nationals also dropped David Hernandez, who surrendered five earned runs over 2 1/3 innings over four appearances this spring.IDITARODIditarod mushes on; fans being urged to skip finish in NomeANCHORAGE, Alaska (AP) — As Iditarod mushers drove their dog teams across Alaska on Saturday, race officials scrambled to make last minute changes prompted by concerns over the new coronavirus, including asking fans not to fly to Nome for the finish.Officials late Friday night urged race fans, especially those from out of state, to skip the finish this week. City officials in Nome followed most other Alaska cities in closing or limiting access to most public buildings in wake of the state’s first positive test, that of a man from outside the United States. The man was tested Thursday at an Anchorage hospital after earlier arriving in the city on a private cargo plane. — The Pac-12 Conference has canceled all spring sports and championships following a meeting of conference executives and athletic directors. The conference also announced that all organized team activities are not allowed until at least March 29, when that decision will be revisited. The smaller Southland Conference also announced a similar move.— The ECHL board of governors approved the cancellation of the remainder of the season. The professional hockey league has 26 teams in the United States and Canada.— The XFL says a player with the Seattle Dragons has tested positive for coronavirus. The fledgling football league says the unidentified player reported his symptoms to team medical staff on Tuesday and has been in quarantine ever since. He was tested for COVID-19 and received the result Friday.— The Italian soccer players’ association says it is “saddened and outraged” that clubs are still calling on their players to attend training sessions. In a statement, the players’ association notes that “some clubs” are bringing in players to train in small groups, “or, even worse, for daily checks of their temperature.” Italy is the European country hit worst by the virus, where the number of virus cases climbed to over nearly 20,000, with more than 1,000 deaths.— A leading executive at a relegation-threatened Premier League team has called for the English soccer season to be abandoned, saying officials were in “dreamland” if they thought play could resume early next month after games were suspended amid the coronavirus outbreak. In a column in The Sun newspaper, West Ham vice-chair Karren Brady wrote that “The only fair and reasonable thing to do is declare the whole season null and void.” West Ham is in 16th place in the 20-team division. The Premier League said it hopes to be back up and running, if possible, by the weekend of April 3-4 – meaning two rounds will have been missed – but Brady sees that prospect as unlikely. March 14, 2020 — The Chinese soccer team that was originally stuck in Spain because of the outbreak is going back home to try to avoid its rapid spread in Europe. Wuhan Zall was expected to return to China on Saturday, nearly 1 1/2 months after it arrived in Spain for preseason training. The team had not been able to leave because of the restrictions in China but expedited its departure because of the worsening situation in Spain. Confirmed coronavirus infections have reached nearly 6,000 people in Spain and the government has declared a two-week state of emergency.— The International Triathlon Union has suspended all competitions and activities from Monday to the end of April. Major events postponed include the second world series event in Bermuda on April 18-19, and four World Cups in the United States, New Zealand, Brazil and Mexico.— The Edinburgh Marathon that was to take place on May 24 has been postponed. Race director Neil Kilgour said a new date for the marathon in the Scottish capital is expected to be announced on Monday.— The men’s curling world championships in Scotland have been canceled, along with the mixed and senior events in Canada.— German cyclist Maximilian Schachmann has won the Paris-Nice race in a rare case of a sporting event still going ahead amid the coronavirus pandemic.  UNDATED (AP) — The Washington Redskins have placed the franchise tag on three-time Pro Bowl guard Brandon Scherff as they attempt to keep him in the fold next season.The team didn’t designate the exclusive, franchise tag on Scherff, meaning he can still talk to other teams. Washington would have the right to match another offer or receive two first-round picks as compensation.The 28-year-old Scherff was the fifth overall pick in the 2015 draft and has been a force for Washington when healthy.In other NFL news:— Falcons fullback Keith Smith has agreed to a three-year contract extension rather than test the free agent market that opens Wednesday. Smith started five games and led the team with eight special teams tackles last season after playing all 16 games for the 2018 Raiders. Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSPistons’ Wood tests positive for coronavirusUNDATED (AP) — Another NBA player has tested positive for the coronavirus.center_img The Iditarod had previously postponed post-race events in Nome, including the musher’s banquet and an annual meet-and-greet with mushers.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The 67-year-old Pitino has a 770-271 overall record in college. He replaces Tim Cluess, who resigned Friday for health reasons after 10 seasons and six NCAA Tournament appearances.In other college basketball news:— Freshman Brycen Goodine is transferring from Syracuse after averaging just nine minutes and 1.9 points this past season. He appeared in 23 of the Orange’s 32 games and hit just three of his 23 3-point attempts.NFL-NEWSRedskins give franchise tag to Scherff Update on the latest in sports: — The Lions have re-signed long snapper Don Muhlbach, giving him a chance to play in his 17th NFL season. He is second on Detroit’s career list with 244 games played.MLB-NEWSNats release StricklandWASHINGTON (AP) — The Washington Nationals have released relief pitcher Hunter Strickland in a series of moves by the reigning World Series champs.Strickland was expected to stabilize Washington’s bullpen after being acquired from Seattle at the July 31 trade deadline last season, but he recorded a 5.14 ERA in 21 innings over 24 appearances for the Nationals. He didn’t pitch for the Nats during the postseason. Associated Press A person with direct knowledge of the situation says Pistons forward Christian Wood has contracted the virus and is feeling fine. The team confirmed it had a player who tested positive without revealing his name.Wood’s diagnosis was revealed one week after he played against the Utah Jazz, spending much of that night matched up with Rudy Gobert (goh-BEHR’). The NBA opted to suspend its season Wednesday, immediately after Gobert became the first league player to test positive.Jazz teammate Donovan Mitchell also has tested positive.Wood was enjoying a breakout season, averaging career highs of 13.1 points and 6.3 rebounds while starting 12 of 62 games. He’s been exception over his last 10 games, providing 24.2 points and 9.8 rebounds per contest.Meanwhile, Gobert has donated $500,000 to support health services in the U.S. and France and employees of the team impacted by the coronavirus. His donation was announced by the Jazz, who said some of the money will go to COVID 19-related social services relief in Utah, Oklahoma City and within the French health care system.last_img read more

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first_imgISTANBUL — Maya Moore scored 18 points and the U.S. beat Spain 77-64 to win its second straight gold medal at the women’s world championship Oct. 5th.Lindsay Whalen added 12 points for the United States (6-0), which hasn’t lost in a gold medal game in the world championship since 1983, when it was beaten by the Soviet Union 84-82.Except for a hiccup in 2006 when the Americans lost to Russia in the semifinals, they have won every Olympic and world championship game since 1996. If not for that upset in Brazil, the U.S. would have five straight world titles.The Americans turned this game quickly into a laugher, jumping out to a 13-point lead in the game’s first 4½ minutes. Spain (5-1) could only get within seven the rest of the way.Moore, who was chosen tournament MVP, was the key in that early burst, scoring 11 points during the opening 18-5 run. Her 3-pointers barely moved the net as the Americans blitzed Spain, which was making its first appearance in the championship game.Behind strong offensive rebounding, the Spaniards rallied to within 24-17, but then Whalen took over. She had nine points during a 13-0 run by the Americans spanning the end of the first and start of the second quarter to make it a 20-point game. Whalen ended the first quarter with a spectacular drive that ended with a floater in the lane right before the buzzer.During the burst, Diana Taurasi threw a pinpoint pass to a streaking Seimone Augustus for another lay-in and the U.S. was off and running.The Americans led 48-29 at the half. It was more of the same in the second half for the U.S., which led by 25 points before Spain closed the game with a 14-2 run.While Taurasi only scored six points, she had eight assists. More importantly Taurasi was part of a stellar defensive effort by the U.S. on Spain’s star Alba Torrens. She scored 28 points in Spain’s semifinal win over Turkey but was held scoreless for the first 26 minutes of the game.She finally hit a 3-pointer with 4:11 left in the third quarter, but that only made it a 21-point game. She finished with 10 points.Sancho Lyttle led Spain with 16 points.In other games Sunday, Australia routed Turkey 74-44 to win the bronze medal. Canada topped China 61-53 to finish fifth and France beat Serbia 88-74 for seventh place.___(DOUG FEINBERG, AP Basketball Writer)TweetPinShare0 Shareslast_img read more

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first_imgOTTAWA – The firm that audited the accounts of Garth Drabinsky’s Livent should be held financially responsible for some — but not all — of the failed theatre company’s losses two decades ago, the Supreme Court of Canada says.In a 4-3 ruling Wednesday, the high court found Deloitte was liable for negligently auditing Livent’s 1997 financial statements, though not for other conduct.The court concluded that an audit firm can only be held responsible where a company’s financial losses relate to the actual purpose of the auditors’ work.Lower court decisions left Deloitte on the hook for almost $85 million, but the Supreme Court ruling reduces the damages award to $40 million.In the 1990s, Livent brought live theatrical productions such as “Phantom of the Opera” and “Joseph and the Amazing Technicolor Dreamcoat” to audiences across North America.Drabinsky, a colourful impresario and public face of the company, was suspended as Livent’s vice-chairman and chief creative director in 1998 amid allegations of accounting irregularities. Myron Gottlieb, who served as president, was also suspended. Livent subsequently filed for bankruptcy and went into receivership.Drabinsky and Gottlieb were later found guilty of fraud and forgery. Both were handed prison sentences.Livent, through its receiver, sued Deloitte in 2001, alleging that audits between 1992 and 1998 were done negligently.The trial judge found Deloitte liable for damages, a decision upheld last year by the Ontario Court of Appeal. The appeal court said the auditors should have been able to detect serious fraud in the company’s financial statements.Deloitte argued in the Supreme Court that it was effectively being penalized for failing to resign as Livent’s auditor.Livent’s bankruptcy receiver countered that a robust audit has an important place in the statutory corporate and securities framework for public companies. It argued that accepting Deloitte’s position would make audit firms immune from civil responsibility to their clients for incompetent audits.Writing for a majority of the Supreme Court, justices Clement Gascon and Russell Brown confirmed that Deloitte negligently audited Livent’s financial statements, resulting in the company losing millions more than it would have if the auditors had uncovered the fraud earlier.“As a consequence, Livent’s corporate life was artificially prolonged, resulting in the interim deterioration of its finances,” the judges wrote.They reasoned that Livent would not have taken on greater debt through financing, instead limiting the damage by declaring bankruptcy sooner.Specifically, the court found Deloitte liable for its April 1998 audit of Livent’s 1997 financial statements, which prevented shareholders from properly scrutinizing the company. It said Deloitte was responsible for 75 per cent of the difference in the company’s financial position between the time of the audit opinion and Livent’s bankruptcy in November 1998.However, the high court disagreed with the lower courts that Deloitte should be held responsible for losses allegedly related to Deloitte’s approval of an August 1997 press release and comfort letter to investors. The Supreme Court said that work was intended to help the company attract investment, and its financial losses did not relate to this purpose.— Follow @JimBronskill on Twitterlast_img read more

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first_imgNEW YORK, N.Y. – Facebook is giving its privacy tools a makeover as it reels from criticisms over its data practices and faces tighter European regulations in the coming months.The changes won’t affect Facebook’s privacy policies or the types of data it gathers on users. But the company hopes its 2.2 billion users will have an easier time navigating its complex and often confusing privacy and security settings. Facebook says it also wants to give users a simpler way to access and download the data it collects on them.Wednesday’s announcement follows revelations that a Trump-affiliated consulting firm, Cambridge Analytica, got data on millions of Facebook users. That included information on friends of people who had downloaded a psychological quiz app, even though those friends hadn’t given explicit consent to sharing. In addition, Facebook is also facing widespread criticism for collecting years of contact names, telephone numbers and call and text histories from Android users. The company has not said exactly what it used such data for or why it needed it. On Monday, the Federal Trade Commission said it is investigating Facebook over its privacy practices.Facebook’s chief privacy officer, Erin Egan, said in a blog post that most of the privacy updates have been in the works for “some time, but the events of the past several days underscore their importance.”Facebook also said it plans to update its privacy policy and terms of service in the coming weeks, but gave no further details.The company has tried over the years to simplify its privacy settings, yet the controls remain hard to find and use for many people. For example, Facebook announced in 2009 that it was consolidating six privacy pages and more than 30 settings on to a single privacy page.Yet mobile users still had to go to nearly 20 different places to access all of their privacy controls. Now, Facebook says they will be accessible from a single place. Facebook says it is also adding “clearer explanations” about how its privacy controls work.Chris Cox, Facebook’s chief product officer, called the new settings “the first of many steps” the company is taking to address privacy concerns.Facebook has been working on the changes in preparation for the European Union’s General Data Protection Regulation, which were approved two years ago and take effect May 25. The rules are designed to make it easier for consumers to give and withdraw consent for the use of their data. They apply to any company that collects data on EU residents, no matter where it is based.To comply with this, Facebook is adding a section called “access your information,” a secure way for users to manage data they’ve shared with the company, including status updates, comments and things they have searched for. That’s where people can go to delete information or download a copy. While this download was already possible, it took some time to figure out how to do it. Cox said the changes let people browse through their information in detail, without having to download it. For example, users will now be able to look up a post from a specific date in the past.Cox said that while the changes are “in line with the principle of GDPR,” there’s also a “bunch of stuff that goes above and beyond that.”Facebook also said it will propose updates to its terms of service in the coming weeks and update its privacy policy, but gave no further details.last_img read more

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first_imgFORT ST. JOHN, B.C. – As a result of responses on social media, Fort St John RCMP says the owner of the suspect trucking company called in and provided all required information to police.RCMP would like to thank all who either discussed this incident on social media or called the Police to provide leads.The Fort John RCMP are reaching out to the public to assist in identifying a transport truck that allegedly forced a local driver off the road on January 11, 2019, near the Big Bam turnoff near Taylor B.C. According to Police, the photo appears to depict a white semi-tractor with a wind deflector on top of the cab. The Sea Freight Container behind it is bright green with a white picture or logo on it and possibly white lettering. The container had a round emblem in the centre on the back of it.Anyone with information is asked to call the Fort St John RCMP at 250-787-8100.last_img read more

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first_imgAccording to Krause, the reason for the cancellation of many pipeline projects is because of controversy manufactured deliberately as part of a campaign to land-lock Canadian oil to prevent selling oil at a higher price.“The reason that these projects died on the vine is because of controversy and people need to know that the controversy was manufactured, deliberately, as part of a campaign to sabotage those projects so that Canadian Oil would be land-lock, kept in North America and couldn’t get it to overseas markets to get a higher price.”Krause says this campaign is being funded by an American Charitable Foundation, the Tarsands Campaign, that wants Canadians to find a better way to use fossil fuels in order to reduce impacts on the climate.While Krause agrees that it is important to reduce the impacts on the climate, she finds it unacceptable the way it is being handled as it is giving the US a huge advantage which, she claims, is starting to hurt Canada as a nation.“People need to know that this is being funded by an American Charitable Foundation and they want us to make better use of fossil fuels that we still do need to use and to decrease the environmental climate impacts of our use of fossil fuels. We can all agree that it’s important but the way they’re going about it is unacceptable because it’s giving the United States a huge billion-dollar advantage, it’s hurting our country and now it’s threatening to tear us apart.”Krause believes that there are better ways of reducing the impacts of oil than to completely push Canada out of the global market and that Canada needs to become a leader in the future transition of energy. Krause says she is currently working on a documentary that further explores who is funding the anti-pipeline activists and the reasons as to why.More information on Krause’s work can be found on her Twitter account @FairQuestions. FORT ST. JOHN, B.C. – Independent Investigative Researcher Vivian Krause was in Taylor on Friday, June 14, to discuss the controversy that Canada’s Resource Industry is currently facing.Presented by The North Matters, Krause particularly focused on the impact that the high level of activism is having on Canadian oil and gas resource communities.Krause shined a spotlight on the finances and structures behind many activist groups, especially those that are influenced by foreign funding.last_img read more

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first_imgUnai Emery was announced as the new Arsenal coach and one of the biggest stars of the team, Henrikh Mkhitaryan, insisted that he is very much looking forward to meeting this manager.The Armenian offensive star claimed that he hasn’t been given a chance to meet Emery yet and he hasn’t discussed his appointment with his teammates but he hopes that he will bring new ideas to the club.The former Manchester United midfielder spoke about Emery as he said, according to Goal:“I hope he will bring new tactical ideas and spirit to Arsenal. I hope he will succeed.”Jose Mourinho is sold on Lampard succeeding at Chelsea Tomás Pavel Ibarra Meda – September 14, 2019 Jose Mourinho wanted to give his two cents on Frank Lampard’s odds as the new Chelsea FC manager, he thinks he will succeed.There really…“I still haven’t had the opportunity to meet him, we didn’t have time to talk with each other.”“I haven’t talked to my team-mates about him either, I would like to meet him. ”“Everyone in the club is a professional himself – everyone knows what he should do and what he is expected to do.”last_img read more

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