NCUA Board to consider RBC rule, but not bank merger plan

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » The NCUA board on Thursday will vote on a final rule that likely will delay the effective date of its Risk-Based Capital regulation but will not discuss a plan governing credit union-bank purchases that Chairman Rodney Hood said the agency would consider by the end of the year.A key House Republican said this week he is worried about that trend, raising the possibility that financial institutions might be using the process to evade taxes.Agency officials Friday declined to discuss the status of any credit union-bank purchase plan.Earlier this year, the board approved a proposed rule that would delay the effective date of the RBC rule from Jan. 1, 2020 to Jan. 1, 2022. The lone Democrat on the board, Todd Harper, voted against that plan.center_img NCUA headquarterslast_img read more

Germany takes stake in vaccine firm CureVac

first_imgBerlin will take a stake in German biotech company CureVac, Economy Minister Peter Altmaier said Monday, months after reports the US was eyeing the firm and its under-development coronavirus vaccine.The federal government will invest 300 million euros ($337 million) to take a 23-percent stake in CureVac, based in Tuebingen in southwest Germany.”We don’t know which company will bring the first workable vaccine to market,” Altmaier told reporters in the capital. “But we know that CureVac is among those in the lead.” Topics : ‘Great potential’Billionaire Dietmar Hopp — a co-founder of European software giant SAP — had until now been the major investor in CureVac, holding more than 80 percent of the shares.CureVac’s technology, based on molecules known as “messenger RNA” (mRNA) that are found within the body, offers “great for potential for vaccines for COVID-19 but also many other infectious diseases, as well as therapy options for many other indications,” Hopp told reporters via video link.Vaccines based on mRNA “have the potential to protect people with a very low dose” and do not need to be refrigerated, acting chief executive Franz-Werner Haas added, simplifying the logistics of inoculating large numbers of people.Germany’s CureVac intervention comes days after Berlin, Paris, Rome and The Hague said they had signed an agreement to procure up to 400 million doses of a potential coronavirus vaccine from pharmaceutical group AstraZeneca.The agreement calls for all EU member states to receive supplies of the vaccine as soon as it is discovered.AstraZeneca is working with Oxford University on a highly-publicized vaccine candidate, with trials on 10,000 participants getting underway. The German government last month gave itself new powers to stop hostile takeovers of healthcare companies, in the latest sign that the global race to secure potentially game-changing vaccines or treatments was heating up.Under the new rules, a health company must notify Berlin if a buyer outside the EU seeks a stake of more than 10 percent — compared with a previous threshold of 25 percent. Die Welt newspaper reported that Berlin’s move was aimed at preventing CureVac from falling into foreign hands as the firm plans a listing on the New York-based Nasdaq stock exchange as early as next month.”It is of particular interest to the state to secure a basic supply of the vaccine for the German population,” Die Welt quoted from a finance ministry document reportedly sent to the German parliament.In March, a different newspaper report alleged that the Trump administration had attempted to buy exclusive rights to CureVac’s vaccine research. Though company and US officials dismissed it as unfounded, the report caused outrage in Berlin and prompted minister Altmaier to declare that “Germany is not for sale”.last_img read more

Hamilton eyes Schumacher record as F1 steps into brave new world

first_imgThe usual high-rise motor homes will be replaced by tents and awnings while the teams, cut to 80 members and all in protective gear, will operate in sanitized “bubbles within bubbles” in a paddock bereft of human contact and the usual swell of rumor and speculation.For all involved, who are tested four days before the event and five days later, it will be an unprecedented and unique experience.Yet, despite all the change and the surreal atmosphere it is expected that the action, when it begins, will deliver the same likely story.Lewis Hamilton, powered by the all-conquering Mercedes, goes in search of a seventh drivers’ title to equal the record of Michael Schumacher. Seven months after they last competed in earnest, the Formula One circus will push a post-lockdown reset button to open the 2020 season in Austria on Sunday.The event at Spielberg is being held on its original calendar date, but is not the once-anticipated 11th round of the championship, but the first – a season-opener delayed by the global coronavirus pandemic.More than three months after the Australian Grand Prix was abandoned on the eve of opening practice in Melbourne, the race in the Styrian Alps will be run behind closed doors, without fans, sponsors’ agents and guests and only a handful of reporters restricted to the media center. “It has been unbearable – I have missed the racing and the competition so much, so it will be great to be back,” said Mercedes team boss Toto Wolff. Even during lockdown, drivers moves for next year took place, Ferrari announcing the release of four-time champion Sebastian Vettel, to be succeeded by Carlos Sainz of McLaren and Daniel Ricciardo signing to leave Renault and be the Spaniard’s replacement at the cash-starved outfit so badly hit by the pandemic. Topics :center_img Orange aid The opening three races form just part of an intensive spell of eight European races in 10 weeks, which may become nine in 11 if a round at Mugello, in Italy, is added.Vettel added that he “can’t imagine what it will be like to race without any fans,” especially at the sweeping circuit where Max Verstappen was roared to victory by a huge orange wave of Dutch supporters last year.Verstappen and Red Bull are expected to challenge Mercedes, with Ferrari and Racing Point, newly dubbed “the pink Mercedes” team after copying the champions’ cars, in close pursuit in the opening events where it will be intriguing to see if Hamilton’s focus has been affected by his active and vocal support for the current anti-racism protests.Last week, just days after launching the Hamilton Commission to boost diversity in motorsport, he slammed remarks made by former F1 supremo Bernie Ecclestone as “ignorant and uneducated” before calling for the restoration of Grand Prix in Africa.”It’s a really weird time in the world and the biggest challenge in my mind is not about the championship necessarily,” he said. “It’s not a normal year.” On the move Those 2021 moves will not affect this year’s line-ups, but may affect relationships between departing drivers and teams anxious not to allow unique operational and performance intelligence to leave with them.If anywhere, this is likely to have most effect at Ferrari as the Italian team strives to avoid open conflict between rising star Charles Leclerc and Vettel, who is a free agent and a potential target for not only Renault, but also Mercedes.The pair, who were intense rivals last year, tested in Italy last week ahead of the opening “double-header” with two successive races at Austria’s Red Bull Ring circuit before a third race in Hungary.”I have no experience of heading back to the same track and having a second race, but I’ve been around for a while,” said Vettel. “I guess the level of perfection will be higher the second weekend – the level of errors will be even smaller.”It will be a chance to review strategy just seven days afterwards so that’s a first and let’s see how we tackle that challenge.”last_img read more

Alexandre Lacazette not happy with ‘naive’ Arsenal players after Sheffield United draw

first_imgAdvertisement Advertisement Alexandre Lacazette tells ‘naive’ Arsenal teammates they need to be ‘nastier’ after Sheffield United draw The French striker was disappointed to drop points late on against the Blades (Picture: Getty)Alexandre Lacazette says Arsenal are too ‘naive’ and need to find their ruthless side quickly after forfeiting another lead in Saturday’s Premier League draw with Sheffield United.The Gunners went ahead on the stroke of half-time at the Emirates through Gabriel Martinelli but, despite dominating the match for large periods, were pegged back by John Fleck’s 83rd-minute strike.Arsenal also gave up leads against Crystal Palace and Chelsea recently – with the Blues scoring two late goals – and Lacazette didn’t hold anything back as he criticised the team’s mentality. Fleck struck late as Arsenal were denied all three points on Saturday (Picture: Getty)‘They were not very dangerous but this match summarises how we are this season. We are winning the match but don’t get it over the line,’ Lacazette told RMC Sport.AdvertisementAdvertisementADVERTISEMENT‘We are quite naive at the moment. We need to be nastier and more consistent in the 90th to 93rd minutes of matches.‘Especially when we can do better than this. We have the players required. It is a shame.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalSpeaking about the result, and conceding another late goal, head coach Mikel Arteta said: ‘I’m very disappointed today. I think the performance deserved three points and we lost two points.‘In the Premier League if you don’t put the game to bed in the last 10-15 minutes, these types of teams just need a long ball, second ball or set piece and you can give the points away.’center_img Arteta was very disappointed to drop more points at home (Picture: Getty)Asked whether he has to correct issues from the previous regime, Arteta continued: ‘I don’t know. What was done before, they tried to do their best possible thing. I inherited a team in a difficult situation that was trying to improve as much as possible but I don’t know.‘In the second half they didn’t generate anything to the goal, just one long ball, a second ball and someone from an incredible angle put it in the top bin. It’s difficult to control.’MORE: Pierre-Emerick Aubameyang explains why Gabriel Martinelli will become an Arsenal superstarMORE: Mikel Arteta sends subtle message to Arsenal board over Layvin Kurzawa transferMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Metro Sport ReporterSunday 19 Jan 2020 7:27 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.6kShares View 4 commentslast_img read more

Antoine Griezmann jokingly blames his wife for France penalty miss!

first_imgAdvertisement ccaNBA Finals | Brooklyn Vs5w22Wingsuit rodeo📽Sindre Ezv0( IG: @_aubreyfisher @imraino ) 4yyWould you ever consider trying this?😱58n3whCan your students do this? 🌚ahenRoller skating! Powered by Firework Antoine Griezmann missed a penalty in France’s 4-1 win over Albania and the Barcelona star had a brilliant cover-up.Advertisement Asked about his penalty miss, the Barcelona attacker said: “I don’t know [what happened]. I don’t know.Advertisement “As I said earlier, maybe it’s because my wife didn’t watch the game!“I was on a good dynamic but we can’t score every time. Too bad, I’ll have to work on it.”Advertisement While the attacker was not impressed by his spot-kick attempt, he was delighted with the way his side put on a convincing display to remain joint-top of Group H.“We were missing important players, whether on the field or in the locker room,” he said. “The players who played in their place did it very well.“We are on the right track and it shows that we are a group. We had a good game game. We can only regret the goal we conceded at the end.”Quite cheeky for the Frenchman to put all the blame on his wife! Advertisementlast_img read more

Buntzen to Exhibit Collages at the AH Arts Council

first_imgATLANTIC HIGHLANDS – Collage artist Richard Buntzen will present a solo exhibition Sept. 21 to Oct. 19 at the Arts Council Gallery in the second floor of the Finelines Building, 21 W. Lincoln Ave. An opening reception will be held at 2 p.m. Saturday, Sept. 21.Buntzen’s use of fragments of black-and-white and color newsprint are outstanding examples of creative design. He completed his Master of Art and Master of Fine Arts degrees at New Jersey City University in Jersey City. He is a member of the Atlantic Highlands Arts Council.A talk and demonstration by the artist will be held at 7 p.m. Wednesday, Oct. 2, and a panel discussion, “What a Good Idea: Innovative Art,” will be held at 2 p.m. Saturday, Oct. 12. Exhibit hours are 4 to 8 p.m. Wednesdays, 1 to 4 p.m. Saturdays. Exhibit and programs are free and open to the public at the Arts Council Gallery.The AHAC, aharts.org, is a registered 501(c)3 nonprofit organization. The mission of the Atlantic Highlands Arts Council is to strengthen community through the arts.For more information, visit www.aharts.org.last_img read more

Japan stuns Americans to capture 2011 Women’s World Cup title

first_imgIn dramatic fashion captain Homare Sawa flicked home the tying goal off a corner in the 117th minute before Japan outscored the USA 3-1 in penalties to capture the 2011 Women’s World Cup Final Sunday in Frankfurt, Germany.The victory allowed Japan to post its first win over the USA and also becomes the first Asian nation to win the Women’s World Cup.The game was tied 2-2 after extra time.The tying marker was too much for the USA to overcome after twice taking one-goal leads.The Americans missed the first three penalties in shootout and when Saki Kumagai slotted the final shot high past goalkeeper Hope Solo the title belonged to Japan.After a scoreless first half, Alex Morgan gave Team USA a 1-0 lead as the second half substitute out ran the Japanese defence before drilling a low shot into the net past keeper Ayumi Kaihori.Japan tied the game late in the second half to force extra time when Aya Miyama scored in the 81st minute.A miscue by the American defence allowed to tap the ball past Team USA goalkeeper Hope Solo.Team USA once again took the lead when Morgan sped around the Japanese defence before sending a pinpoint cross to striker Abby Wamback who headed the ball past Kaihori.The Americans will look back at this contest as one they felt would be theirs after missing numerous chances in the first part of the game.
 Team USA has no less than seven great scoring opportunities but came away empty.In the bronze medal game Saturday, Sweden scored a late goal in the second half to edge France 2-1.  Team Canada entered the 2011 tournament with high expectations but lost all three games to Germany, France and Nigeria. Team Canada has four years to prepare before hosting the 2015 tournament.No less than seven cities, including Vancouver, will host games.FIFA inspectors will begin examining venues in the cities involved  — Vancouver, Montreal, Halifax, Ottawa, Winnipeg, Edmonton and Moncton  — this fall.The next FIFA World Cup for male athletes will be held in Brazil in [email protected]last_img read more

Leafs hope history doesn’t repeat itself, travel to Hawks’ Country for key Murdoch matchup

first_imgIt was close to a year ago when the high-flying Nelson Leafs began their descent out of the Kootenay International Junior Hockey League season.Nelson was sitting pretty prior to the Christmas holiday break, and was primed to improve the view from the Murdoch Division penthouse after disposing of the Castlegar Rebels on home ice.However, it was the Rebels that completely dominated the Green and White that cold December night, which started a slide the Leafs could not stop.Fast forward to Friday in Fruitvale.Nelson, is once again tops in the Murdoch Division with a five-point lead, face second-place Beaver Valley Nitehawks in a four-point showdown at the Hawks Nest.The game is the first of three in December between the two Murdoch rivals, and the third of five against division heavyweights as teams begin the sprint to the playoffs.“We’ve got to get back to the basics . . . what’s made us successful to date,” said Leaf coach Frank Maida when asked about the upcoming six games. “We have to remind ourselves what’s got us here and have to get back to playing that style of game.”The Leafs are still smarting from a 7-2 shellacking at the hands last week at the hands of the Fernie Ghostriders.The game was the only contest of the weekend for the Green and White.“It was just one of those games where it was a long bus ride and Fernie was ready to play while we just were not quite ready,” Maida confessed.“We didn’t have a great start . . .. It just wasn’t our night.”Nelson is 2-0 against Beaver Valley this season. Both wins have come at home, including a wild 6-4 victory where the Leafs rallied from a 4-0 deficit, scoring six times in the third period to pull out the win.Friday, it’s a trip to the smallish Fruitvale Arena, where wins have been far and few between of late for Leaf teams.“This is a huge game, for both teams,” Maida said. “But it’s not about who we’re playing, this game, like all games, is about how we’re playing. That’s our approach to make sure we’re worrying about our game and how we’re playing.”Saturday, Nelson hosts Golden Rockets at 7 p.m. in the NDCC Arena.Golden, after making it to the second round last season is locked in the cellar of the Eddie Mountain Division with an 8-19-0-3 record.BLUELINES: The Leafs had to reduce the roster to get down to the BC Hockey December 1 deadline of 25 cards. The reduction forced Nelson to trade 18-year-old winger Tyler Garcia to Kimberley Dynamiters for future considerations. In 26 games with Nelson, the Alaska native had seven goals and six assists. . . . Nelson was dealt a huge blow to the blueline when defenceman Austin Seaman suffered a leg injury during the loss to Fernie. The Calgary native was to see a specialist Thursday to determine the full extent of the injury. The Leafs will be using affiliate players from the Kootenay Ice to fill the void until a defenceman can be found through trade or BCHL cut. . . . Defenceman J.J. Beitel, who has been out of the lineup since October with a concussion, is expected to be back on the ice in the New Year according to coach Frank Maida.last_img read more

Chelsea striker Costa could face Man United, claims coy Mourinho

first_img1 Chelsea manager Jose Mourinho has revealed striker Diego Costa could be fit to play at Manchester United on Sunday.The Portuguese coach has bemoaned the absence of the £32million forward, who has scored nine goals in seven Premier League games despite a persistent hamstring problem.The 26-year-old missed meetings with Crystal Palace and Maribor and spent a night in hospital earlier this week with a severe stomach bug following his return from international duty with Spain.But Mourinho has suggested he could climb out of his sick bed to feature at Old Trafford.“Diego has a little chance,” said the Blues boss.“I’m not saying he can [play]. I’m saying that we are trying. We will see what happens between Friday, Saturday and Sunday.“Everything happened to him. He was obviously injured and he had to go to the hospital with a viral situation that we didn’t manage to resolve without being in hospital over one night.”Costa’s recovery from his niggling hamstring problem was delayed by the bout of illness, as he was barred from Chelsea’s Surrey training base.“The problem is that being ill obviously didn’t help his recovery process because we didn’t want him here at Cobham,” Mourinho added.“The medical staff were going to meet him at his house.”Now Mourinho confirmed he had returned to training on his own.Loic Remy is out of the Manchester United match after sustaining a groin injury in Chelsea’s 6-0 Champions League defeat of Maribor on Tuesday night.Mourinho added: “The only one that I can confirm has no chance is Remy. I would say two weeks, three weeks [out].” Chelsea striker Diego Costa last_img read more

Business owners log-on to Facebook event in Letterkenny – Picture Special

first_imgThe virtual world and the real business world merged today when over150 people from local small and medium sized businesses gathered in Letterkenny for a Boost with Facebook event.Facebook experts and like-minded business owners were in town for the event to give one to one training and advice on how to use Facebook’s tools to grow their business. Entrepreneurs participated in breakout sessions and talks which provided training on how to build effective online advertising strategies, create engaging ads for mobile and find new customers on Instagram.Helen Smyth, Head of Ireland, Global Business Group, Facebook. Photo Clive Wasson]As highlighted in a recent Seanad Report on Small and Medium Sized Businesses in Ireland (published in May 2019), the SME sector is vibrant and diverse, accounting for 99% of active enterprises and 65% of all employment in Ireland – in excess of 1 million people nationwide and over 75,000 in the North West alone. This shows the huge importance of SMEs to regional economies. The same report notes, however, that SMEs have not yet fully embraced digital technologies with just 30% of SMBs selling products and services online. Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business Lisa Boyle, I Do WoW Weddings, and Helen Smyth, Head of Ireland, Global Business Group, Facebook and Caitlin Foley, Magee1866. Photo Clive WassonAt the event Helen Smyth, Head of Ireland, Global Business Group at Facebook highlighted the benefits of adopting digital technologies like Facebook and Instagram into businesses: “There are 46 million people around the world connected to a business in Ireland on Facebook. Through Facebook, small businesses now have access to affordable marketing tools to grow their business and strengthen their communities. Through events like this, we want to help businesses unlock the potential of the global market and understand how tools like international Lookalike Audiences and multi-city targeting can enable them to connect with new customers, grow awareness of their brand, drive new sales and see their business flourish.”Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny Local Enterprise Office Staff Eileen Kelly, Helen Smyth, Head of Ireland, Global Business Group, Facebook, Grace Korbel and Joanne Kilmartin. Photo Clive WassonDemonstrating how Donegal businesses can be successful online, panelists from Magee 1866 and I Do WoW Weddings shared their experiences and practical advice on how they have leveraged Facebook and its tools to grow their businesses on a local, national and international stage.Lisa Boyle, Business Owner at I Do WoW Weddings, told attendees how integral Facebook has been to the success of her business, “Facebook has provided me with a platform to reach new customers and to showcase my work. I set up the company in Donegal over 2 years ago, initially as a side venture. However, the business grew so quickly I left my role as a solicitor to focus on the business full time. I have always had a passion for creativity and was often told I had a talent for decorating. 90% of my client base is Facebook sourced and managed. With over 7,400 followers on Facebook and Instagram, my followers engage with me on a daily basis, by commenting, liking, sharing posts and leaving positive reviews. If it wasn’t for Facebook my business wouldn’t have grown the way it has.”Llocal business owner Boyd Robinson, Robinson Estate Agents, Michael Mac Ginty, MeanIt and Patrica Hill, Stateside Restaurant. Photo Clive Wasson]For businesses looking to attend future Boost with Facebook events, the next event is on the 6th of December at the Nuremore Hotel & Country Club in Carrickmacross, Co Monaghan. Registration for this event is open now – go to Facebook Ireland page for more information. See all the photos from the event here: Seamus McNulty, FPS Tech, Luke Hoffman, Champion Travel and Luke McGrory, Guest Diary.com Photo Clive WassonBrian Higgins, ABC School Supplies, Toni Forrester, CEO Letterkenny Chamber, Mark Bundschu, ABC Schools Supplies and Patrica Hill, Stateside Restaurant. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owner Louis Boyce, Begin Coding, Anna Campbell, Bogman Beanie and Michael MacGinty Mean IT. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business Patrica Greene,, The Web Club and Sahron Hearty, Lough Derg.Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owners. Photo Clive Wasson]Local business owner Lisa Boyle, I Do WoW Weddings, and Helen Smyth, Head of Ireland, Global Business Group, Facebook and Caitlin Foley, Magee1866. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are Toni Forrester, CEO Letterkenny Chamber, Helen Smyth, Head of Ireland, Global Business Group, Facebook and Christine McGonigle, Women In Business Network. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owner Catherine Bond and Anne Marie McGee, Simming World.Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owner Michael MacGinty, MeanIt and Boyd Robinson, Robinson Estate Agents Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owner Amanda Clarke, Travel Donegal and Donon Harvey, Cathedrial Quarter. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business Lisa Boyle, I Do WoW Weddings, and Helen Smyth, Head of Ireland, Global Business Group, Facebook and Caitlin Foley, Magee1866. Photo Clive Wasson]Pictured at the Boost with Facebook business training event at the Station House Hotel, Letterkenny are local business owner John McPhilimey and Stephen McPhilmey, JMP Furniture. Photo Clive Wasson]Business owners log-on to Facebook event in Letterkenny – Picture Special was last modified: November 22nd, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:boost with facebooklast_img read more