Roberto Firmino cleared by FA over Mason Holgate racism allegations

first_imgShare on WhatsApp The FA Share on Pinterest Everton Share on LinkedIn news The Football Association has exonerated Roberto Firmino of racially abusing the Everton defender Mason Holgate following a lengthy investigation into the Liverpool striker’s conduct during the FA Cup tie between the Merseyside rivals at Anfield.Holgate accused Firmino of using what the FA described as a “discriminatory term” when the pair clashed in Liverpool’s third-round victory on 5 January. The FA opened an investigation the following day and almost seven weeks later – having interviewed 12 players, the referee Bobby Madley, the fourth official Jon Moss and consulted two Portuguese lip-reading experts – announced on Wednesday that there is insufficient evidence to charge the Brazil international with any offence.In a statement, the FA said it was satisfied that “the allegation was made in absolute good faith by Holgate and that there is no suggestion of this being an intentionally false or malicious allegation”. But it found no evidence, either through witness statements or consulting unseen footage of the row that erupted after Holgate had pushed Firmino over the advertising hoardings, to support the Everton defender’s claim that he had been racially abused.The FA added: “We took statements from a total of 12 players and officials from both teams, the match referee and the fourth official. None of these individuals directly heard the words alleged to have been said by Firmino. Firmino was formally interviewed by the FA and provided an alternative account to the words alleged by Holgate. Firmino stated that he had insulted the defender in Portuguese, but denied categorically using any discriminatory language towards him.“As part of the investigation, the FA sought the assistance of a Brazilian/Portuguese linguistic specialist on the words alleged. In addition to this, we also obtained multiple angles of video footage, including broadcast and unseen footage showing the incident, which was assessed by two independent Portuguese-speaking lip‑reading experts. The evidence obtained from the experts did not support the allegation.”Firmino said after the FA’s verdict that it had been difficult to remain publicly silent “given the serious and damaging nature of what it was claimed I said”, but was pleased to have been cleared of any wrongdoing. “As someone who has experienced racist abuse during my life, I know how damaging and hurtful it can be,” the Liverpool forward said.“Now the process is concluded I would like to place on record, for the avoidance of any doubt, I did not say the word, or a variation of the word, that was claimed and subsequently reported in the media. I did not use any language that referenced race. I did not – and would never – reference a person’s skin colour or culture, by means of insult, during a dispute or an argument. There is no place for discrimination on a football pitch, or anywhere else in life for that matter. I am pleased after exhaustive reviews of all the evidence, in this specific incident, the matter is resolved.”Liverpool thanked Firmino for “the manner in which he has conducted himself during this difficult process, acknowledging that being subjected to such a serious allegation for this length of time has been hurtful to him and his family”, adding: “Both the club and player were in full agreement from the beginning that if an investigation was required it should be a thorough and robust one.“Roberto has cooperated fully with the process and shown a willingness to engage and assist throughout, with the only objective being to discover the truth of what happened. We are satisfied that the outcome of the process has exonerated the player of using any racist or discriminatory language.”Everton said in a statement that they accepted the FA’s decision and appreciated the thoroughness of an investigation conducted “in challenging circumstances”. It added: “The club welcomes the FA’s expression of complete satisfaction that the allegation made by our player, Mason Holgate, was done so in absolute good faith, that proper process was followed and that there is no suggestion of malice or dishonesty on Mason’s part.” Share on Twittercenter_img Topics Share via Email Share on Messenger Liverpool Share on Facebook Reuse this contentlast_img read more

a month agoMan Utd hero O’Shea says Solskjaer the right man in charge

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Man Utd hero O’Shea says Solskjaer the right man in chargeby Paul Vegasa month agoSend to a friendShare the loveFormer Manchester United defender John O’Shea says Ole Gunnar Solskjaer is the right man in charge.United have lost two of their opening six Premier League matches and are now preparing for the visit of Arsenal on Monday. “The club has spoken recently about sticking behind Ole and having a plan in place,” O’Shea told Sky Sports.”It’s going to take time but Ole and the staff will know that they are going to need to get results along the way. They cannot let performances drop too low. They have to maintain standards.”Everyone at the club has to look in the mirror and ask whether they are doing the best for the players and the coaching staff.”It’s a work in progress. The success is not there on the pitch at the moment so people are naturally looking more at the off-the-field issues. The people in power must want the best for the club and it will hurt them looking across the city at what other teams close by are doing.”They need to have trust in the people they have put in place. It can turn around quite quickly if you get things right in the transfer windows.” last_img read more

Video: Watch Las Vegas Go Crazy When VCU Hits Meaningless Layup vs. Ohio State To Cover Point Spread

first_imgFans in Las Vegas go nuts with VCU backdoor cover vs. Ohio State.VCU lost its Second Round NCAA Tournament game against Ohio State Thursday afternoon, 75-72, in overtime.Those who bet on the Rams were victorious, though, as the Buckeyes were 3.5-point favorites. That betting victory came at the buzzer, as VCU’s Jonathan Williams made a meaningless layup as time expired that meant everything to the point spread. Check out the reaction at the Las Vegas SportsBook and Planet Hollywood when Williams made the layup. There were a lot of happy people in that room. VCU covers the spread & the crowd at @LVSuperBook Westgate Theater goes wild. #OhioState #VCUrams pic.twitter.com/zCcUVpWvnE— Tommy Lorenzo (@sportsbooktom) March 19, 2015Sometimes in #Vegas it’s not about who wins, it’s about by how much. Reaction to a last second layup, to lose by 3. pic.twitter.com/lDKgSlEbJZ— Planet Hollywood (@phvegas) March 19, 2015Perhaps VCU can take some solace in the fact that they covered the point spread. Ohio State is set to face Arizona on Saturday at 5:15 p.m. E.T. The game will be televised on CBS. (The Wildcats are favored by eight.)last_img read more

World Fleet Growth Returning to PreBoom Levels

first_imgzoom The pace of world fleet growth has slowed down with the fleet expanding by 3.1% over the last 12 months, representing the lowest level of monthly year-on-year growth reported since the early 2000s, according to Clarksons Research.More limited contracting and lower delivery volumes combined with firm levels of demolition and non-delivery have limited fleet expansion which now “appears to be returning to its ‘pre-boom’ levels.”Between the start of 2005 and the end of 2012 the pace of annual fleet growth averaged 7.2%, with 484 million gross tons ordered in just four years from 2005 to 2008.Demolition was very limited over this period with just 23 million gross tons reported sold for scrap between 2005 and 2008, less than has been reported demolished in 2016 alone so far.Overall, the world fleet increased by 463 million gross tons between the start of 2005 and the end of 2012.At the start of October 2016 the global merchant fleet totalled 92,413 ships of a combined 1.2 billion gross tons.Moreover, newbuild contracting volumes have now fallen to levels not seen since the 1980s with just 16 million gross tons contracted in the year to date, Clarksons said.“There has been a notable slowdown in the pace of growth since the end of the fleet’s big surge. Today, recycling activity is strong, deliveries look set to slow and contracting levels are at their lowest in over 30 years,” Clarksons said.last_img read more

THESE PORTRAITS WERE MADE BY AI NONE OF THESE PEOPLE EXIST

first_imgAdvertisement Check out these rather ordinary looking portraits. They’re all fake. Not in the sense that they were Photoshopped, but rather they were completely generated by artificial intelligence. That’s right: none of these people actually exist.NVIDIA researchers have published a new paper on easily customizing the style of realistic faces created by a generative adversarial network (GAN).The Verge points out that GAN has only existed for about four years. In 2014, a landmark paper introduced the concept, and this is what the AI-generated results looked like at the time: LEAVE A REPLY Cancel replyLog in to leave a comment Facebook In less than half a decade, the realism has improved to the point where most people might not be able to tell the portraits are fake, even when examining them up close. Login/Register With: Advertisement Twitter Advertisementlast_img read more

BC government launches Community Benefits Agreement for publicsector infrastructure projects

first_img“We continue to work with Indigenous groups and women in trades to expand apprenticeship and employment opportunities,” said Sigurdson. “Under a Community Benefits Agreement, these initiatives will translate directly into apprenticeship completions, which, in turn, will allow B.C. residents to support their families, to invest in their communities, and to build the B.C. economy.”The Independent Contractors and Businesses Association meanwhile denounced the government’s announcement. ICBA President Chris Gardner held a press conference immediately following the Premier’s announcement.“For years, John Horgan has promised his political allies in the old-fashioned Building Trades unions that he would tilt the playing field in their favour. Today, it appears he will try and force that to happen through a restrictive and regressive PLA model for tendering government projects,” said Gardner. “Unfortunately for the taxpayers paying for provincial projects, this will mean much higher costs and it will give 15 percent of the construction workforce – the ones who gave millions of dollars to the NDP – a monopoly on work.” The Province says that the Agreement will implement a targeted approach to maximizing apprenticeship opportunities on major public infrastructure projects, with a focus on priority hiring and training of Indigenous workers and women.The government also says that priority hiring will be given to qualified individuals who live within close proximity of the projects, while contractors will be given flexibility by requesting named hires.The first projects to be delivered under the new community benefits framework are the new Pattullo Bridge and the four-laning projects on the Trans-Canada Highway between Kamloops and Alberta.“British Columbians deserve the opportunity to work on major government projects being built in and near their communities,” said Claire Trevena, Minister of Transportation and Infrastructure. “This Community Benefits Agreement will put local people first in line for good jobs building the roads, bridges and other infrastructure we need.”Signatories to the Community Benefits Agreement are BCIB, and the Allied Infrastructure and Related Construction Council, which represents many of B.C.’s building trades. The government also said that contractors representing B.C.’s construction industry played an important advisory role as the agreement was developed.The government’s announcement was received with praise from B.C. Building Trades Council executive director Tom Sigurdson, who spoke about the positives of Community Benefits Agreements during a keynote presentation to the Fort St. John & District Chamber of Commerce earlier this year. BURNABY, B.C. – B.C. Premier John Horgan announced today that the provincial government has launched a new Community Benefits Agreement landmark agreement for key public-sector infrastructure projects in B.C.At a press conference at BCIT’s Ironworkers Training Campus in Burnaby, Horgan also announced that the Province has launched BC Infrastructure Benefits Inc. – a new Crown Corporation that will oversee public construction projects in B.C. Transportation Minister Claire Trevena was named as the minister responsible for BCIB.“British Columbians rightfully expect B.C. projects to benefit B.C. workers, families and communities. Our new Community Benefits Agreement will help deliver those benefits,” said Premier John Horgan. “With this agreement, we’re not just investing in roads, bridges and other infrastructure, we’re investing in good jobs and new opportunities for people who live in B.C. And with our focus on expanding apprenticeships for young British Columbians, we’re helping build B.C.’s next generation of construction workers.”last_img read more

2 held for forcibly shutting meat shops in Gurugram

first_imgGurugram: The Gurugram Police on Sunday arrested two persons under the Arms Act and filed FIRs against 40 others for allegedly forcing meat traders to shut their shops by brandishing weapons on Saturday citing ChaitraNavaratri. Two arrested persons have been identified as Rakesh alias Chikka and Pramod Singh of the Hindu Sena, both resident of Dundehera in Gurugram, a police official said on Sunday. “They have been booked under IPC sections of 148, 149 and 506 for threatening shop owners with dire consequences for opening their shops and marching on streets holding baton, hockey sticks, swords and iron rods in their hands,” said Sumer Singh, the Deputy Commissioner of Police, West Zone. Also Read – After eight years, businessman arrested for kidnap & murderThe accused also pulled down shutters of many shops, he added. “We will produce them in the court and urge for a police remand to recover the said arms and identify other accused,” said Singh. Despite the model code of conduct in place, around 200 Hindu Sena activists assembled at lord Shiva temple on Old Railway Road on Saturday and marched to different locations aiming to close meat shops. They toured sector 4, 5, 7, 9, 10, 21, 22, Palam Vihar, Badshahpur, Om Vihar, Surat Nagar, Sadar Bazar, Anaj Mandi Dhanwapur, Dundahera, Molaheda, Sikandarpur and many other places in Gurugram and forcibly shut over 180 shops. About 50 per cent owners of meat shop had kept it shut to avoid any unwanted situation. Meanwhile, Ritu Raj, chief of the Hindu Sena, said the Hindu organisations would continue with their efforts throughout the Navaratri as opening of meat shops during the festival could hurt religious sentiments of Hindus.last_img read more

Juventus cant afford Pogba or Morata

first_imgJuventus CEO Beppe Marotta has indicated that the club can’t afford to buy either of their former stars Paul Pogba or Alvaro MorataBoth stars played together at Juventus from 2014 to 2016 and together they won the Serie A title on multiple occasions, before Pogba sealed a then-world record transfer of £89.3m to Manchester United and Morata return to Real Madrid in a €30m deal.Currently the duo have struggled at their respective clubs with Pogba regularly being criticised this season for his inconsistent performances. While Morata, now with Chelsea, has only scored one league goal since December and is reportedly discontent with life in London.But, despite their uncertain futures, Marotta told Mediaset that he feels that their market value is now out of their reach.Franck Ribery, FiorentinaFiorentina owner: “Ribery played better than Ronaldo!” Andrew Smyth – September 14, 2019 Fiorentina owner Rocco Commisso was left gushing over Franck Ribery’s performance against Juventus, which he rates above that of even Cristiano Ronaldo’s.“I don’t really believe in players coming back after having gone away, but there are also exceptions.” said Marotta, according to SportsMole.“They are two great professionals who left excellent memories, but the market value that they have reached is a mirage for us.”last_img read more

Mbappe Kluivert Donnarumma up for Kopa Trophy

first_imgKylian Mbappe leads the way for the 10-man shortlist of the inaugural Kopa TrophyThe Paris Saint-Germain and France superstar will compete with the likes of AS Roma’s Justin Kluivert and AC Milan’s Gianluigi Donnarumma.Revealed: Florentino Perez’s plan to sign Kylian Mbappe Tomás Pavel Ibarra Meda – September 12, 2019 According to a report from ‘El Chiringuito’, Florentino Perez revealed his plans to sign Kylian Mbappe from PSG next season.We all knew this was…France Football magazine, who also oversees the Ballon d’Or award, has announced a 10-man shortlist for the world’s best U-21 player.The judges for the prize will consist of five-time Ballon d’Or winners Cristiano Ronaldo and Lionel Messi along with former recipients Zinedine Zidane, Ronaldinho and Bobby Charlton.10-man shortlist for Kopa TrophyKylian Mbappe (PSG/France)Justin Kluivert (Roma/Holland)Houssem Aouar (Lyon/France)Patrick Cutrone (AC Milan/Italy)Gianluigi Donnarumma (AC Milan/Italy)Trent Alexander-Arnold (Liverpool/England)Christian Pulisic (Borussia Dortmund/USA)Amadou Haidara (RB Salzburg/Mali)Ritsu Doan (Groningen/Japan)Rodrygo Goes of Santos (Santos/Brazil)last_img read more

Prime Minister Minnis Addressed Bahamians and Friends of The Bahamas at Reception

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#UnitedStates, December 20, 2017 – Washington, DC – Bahamas Ambassador to Washington, D.C., His Excellency Sidney Collie and Consul General Theo Neilly hosted an Official Reception attended by Prime Minister Dr. the Hon. Hubert Minnis and Mrs. Patricia Minnis, Minister of Foreign Affairs, the Hon. Darren Henfield and Mrs. Deidre Henfield, and Bahamians and Friends of The Bahamas residing in Washington, D.C., Northern Virginia, and Maryland in the George Washington Room of the St. Regis, Washington D.C. on Saturday, December 16, 2017. On his first visit to the US capital since becoming Prime Minister, Dr. Minnis told the gathering his administration’s programme of reform and transformation includes innovative thinking about the role of government, “as we create new and innovative partnerships for national development. We are stabilizing public finances and reforming government. We are ensuring the greater ease of doing business for Bahamians and foreign investors. The Bahamas has a highly favourable investment regime. We are cutting the Red Tape and too-often-long, waiting times for international investment projects to be vetted and approved.”Photos show the Prime Minister in the mix and mingle with guests. In the group photo are: Prime Minister Minnis and Mrs. Patricia Minnis, fifth and sixth left; Minister Henfield and Mrs. Deidre Henfield, third and fourth left; Ambassador Sidney Collie and Mrs. Mavis Collie, first and second left; and Consul General Neilly, at right.(Photos/Yontalay Bowe, OPM Media Services)Release: BIS Related Items:center_img Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Neville Klopp and Pochettino have done wonderful works

first_imgGary Neville has praised Liverpool coach Jurgen Klopp and Tottenham Hotspur coach Mauricio Pochettino concerning their works, stating that they’ve both done wonderful jobs.“If you could look at Mauricio Pochettino and the body of work before going into a new stadium, you think he’s had top-four finishes now, and he could win a trophy – Jurgen Klopp and Mauricio Pochettino have done wonderful jobs at Liverpool and Spurs, there will always be that niggle in the back of people’s minds if they haven’t won a trophy at what point do they start to get judged by silverware,” Neville said as quoted by Sky Sports.“Every other manager at every other top club is judged by silverware, what they win and not just top four, top-two finishes. There comes that point, this season or maybe next, for Pochettino and Klopp, it would be extremely helpful for them to put an end to those niggles that exist because of a lack of trophies while they have been at their clubs.”last_img read more

Hodgson rules out new January signings

first_imgCrystal Palace manager Roy Hodgson says Sao Paulo goalkeeper Lucas Perri will be the club’s only signing in the January transfer window.Crystal Palace are closing in on the signing of Sao Paulo goalkeeper Lucas Perri on loan till the end of the season and will have an option to buy him for the price of around £3m, and Hodgson has ruled out any further additions to the squad beyond that.“We have two more weeks like everybody else; the work will continue if there are more possibilities that suit us, so nothing changes in that respect,” he told Sky Sports.“But to say I’m expecting it, I’d have to have a definite name in the frame who is on the verge of signing and that’s not the case.Joel Ward, Crystal PalaceHow Joe Ward thanks his faith for his football Manuel R. Medina – September 13, 2019 Crystal Palace defender, Joel Ward, has thanked his Christian faith for helping him play football professionally and he explains why.“We’d like to add a midfielder and striker ideally… on loan deals only, not to buy.”Current Palace goalkeepers Vicente Guaita and Wayne Hennessy are currently injured and have been sidelined for four weeks each, and the signing of Perri will provide cover.last_img read more

SDUSD outperforms other urban districts in reading and math

first_img Categories: Local San Diego News FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsThe National Assessment of Educational Progress has been released.The report shows the San Diego Unified School District out-performed other large urban districts by demonstrating significant grade-level improvements in both reading and mathematics.KUSI was joined by SDUSD Superintendent Cindy Marten with more on the school district’s accomplishments and latest report card. , SDUSD outperforms other urban districts in reading and mathcenter_img Posted: April 12, 2018 April 12, 2018last_img read more

Gov Newsom released his revised version of the states budget

first_img KUSI Newsroom, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – San Diego County’s state legislators largely praised Gov. Gavin Newsom’s revised fiscal year 2019-20 budget today for its efforts to tackle high health care and housing costs, prepare for the next economic crisis and invest in the state’s future.In January, Newsom released his first budget since becoming governor, a $209 billion fiscal plan that included a $144 billion general fund and a projected surplus of $21 billion, the state’s largest since at least 2000. The budget included $1.3 billion for housing development and $40 million to fund two full years of tuition for first-time community college students who are enrolled full-time.Newsom’s revised budget, released Thursday, ticked up to $213 billion and builds on the first spending plan by increasing funding for things like housing development and homeless assistance while adding billions to the state’s rainy day fund, which could reach as high as $16.5 billion if state revenue trends remain consistent. The revised budget also includes a slightly higher projected surplus of $21.5 billion.“The affordability crisis families face in this state is very real, and that’s why this budget tackles those challenges head-on by focusing on housing, health care, early childhood and higher education,” Newsom said.Sen. Toni Atkins, D-San Diego, lauded Newsom for the revised budget’s gains on its predecessor. Atkins, the Senate president pro-tem, also expressed confidence that the state Legislature would finalize a budget “that will make a real difference for Californians.”“The May budget revision reflects California’s fiscal strength, increases our prudent reserves, and makes important investments for the future,” Atkins said. “I am particularly pleased to see more funding for K-12 education and increases for the Earned Income Tax Credit to help even more working Californians.”But Sen. Pat Bates, R-Laguna Niguel, called the water tax and other new taxes “unfortunate, unhelpful and unnecessary,” arguing that it is unnecessary with the state’s projected surplus and will hurt residents who are already near the poverty level.Bates also railed against Newsom’s proposal to withhold gas tax funds for transportation infrastructure upgrades if cities around the state don’t build enough housing.“His insistence to hold gas tax dollars hostage from local governments unless they do what he wants proves that the gas tax increase was a bait-and-switch on voters,” Bates said. “Promises made to voters on transportation must be promises kept.”Bates allowed that the budget includes provisions worth supporting, such as assistance for low-income families and funding to modernize the state’s public schools.“Making these priorities a reality will help all Californians,” she said.Newsom’s revised budget contains $81.1 billion for education and expands family services and programs like paid family leave, allowing up to eight weeks of paid leave for each parent.The budget also includes a provision that would eliminate sales tax on diapers and tampons, a cause that Assemblywoman Lorena Gonzalez, D-San Diego, has championed for years. Newsom estimated the repeal would cost the state roughly $35 million, which is likely to be recouped through other tax increases and state funding within the budget.“This tax relief will go a long way in helping those young families who we know are at their most economically vulnerable,” Gonzalez said. “In California, more than 50 percent of the children born are on Medi-Cal. … We know that diapers are a necessity not only for the health of the child, they’re also required in order to drop your child off at child care.”The revised budget also includes controversial new levies and proposals such as a tax on drinking water, which would fund cleanup efforts in communities without access to potable water. Roughly one million California residents don’t have access to clean drinking water, according to Newsom.The state legislature will now begin its final negotiations with Newsom’s office over the revised budget. The final spending plan must be approved by June 15. KUSI Newsroom Gov. Newsom released his revised version of the state’s budget Posted: May 9, 2019 May 9, 2019 Categories: Local San Diego News, National & International News FacebookTwitterlast_img read more

Two Transported To CPH Following HeadOn Collision On Kenai Spur Hwy

first_imgFacebook0TwitterEmailPrintFriendly分享The Nikiski Fire Department and Alaska State Troopers responded to a two vehicle head-on collision at 9:15 a.m., this morning, at mile 15.5 on the Kenai Spur Highway. Bud Sexton, with Nikiski Fire Department: “One individual in each of the two vehicles were transported to Central Peninsula Hospital with non-life threatening injuries.” Sexton: “Just a good reminder to everybody in these snowy conditions to make sure to leave plenty of distance between the vehicle in front of you, take it slow, and leave early.” The accident briefly halted traffic in both directions of the Spur Highway while crews remained on scene. Sexton stated that it was a ‘relief’ that both patients were in the condition that they were and not injured more severely in the accident.last_img read more

CES Responded To Flipped Boat Near Jims Landing No Reported Injuries

first_imgCES Chief Dan Grimes: “We responded with an engine, two engines, and a command rig. We also contacted the Russian River Ferry and had them meet us at the landing with their boat.” CES put two rescue swimmers on the boat and went downstream roughly 500 yards South of Jim’s Landing and located the flipped boat. Grimes: “Three victims all on shore, they were wet and cold, but okay. We brought them back safely to the landing.” Facebook0TwitterEmailPrintFriendly分享Central Emergency Services responded to a flipped over boat in the Kenai River near Jim’s Landing around 9:51 p.m., last night. According to Grimes all occupants were wearing life jackets.last_img

Bloggers Tweeters React to Portfolios Closure

first_imgFor nearly two years I’ve been covering the media industry’s bad news on this blog, including some that’s hit very close to home. Now it hits closer still.Hamilton Nolan, via Gawker:Condé Nast, Manhattan’s most lavish magazine publisher, was once able to subsidize expensive and monumental magazine launches with newspaper profits. But now the last of its kind, Portfolio, is dead.BusinessWeek’s Jon Fine:The shuttering of Portfolio, among other cutbacks at Condé Nast, means that not even a magazine company well-known for keeping struggling titles alive (generally for reasons that are more personally-driven than market-driven) can elude current media realities.Group president David Carey, via AP:Our timing proved to be terrible in terms of building a big ad franchise from scratch. We saw where we are and where we want to be in 18 months. The gap between those two points was becoming bigger.Tina Brown, via the Daily Beast:This is terrible news. It’s not just that the cratering ad market has claimed another victim. Condé Nast chairman Si Newhouse had been admirably supportive of Portfolio for the last two years. The fact that he elected to close it, as suddenly as he folded Domino, Men’s Vogue, and the men’s fashion trade mag DNR suggests a worrying element of panic engulfing the steadfast publisher I worked for so comfortably for 17 years at Tatler, Vanity Fair, and The New Yorker.BW editor John Byrne’s “tweet”:Did Condé Nast overspend on Portfolio? The cost of launching its website alone exceeded most mag launches.David Wilson, via FOLIO:’s Facebook page:This may have been most expensive magazine ever launched. They basically spent a year and over $100 million launching it as I recall. It was in the same space as my last magazine edtitorial gig (a mixture of business, finance and lifestyle) … only on a much, much grander scale. I hate to say it, but it was predictable. They spent way too much money vs. potential revenues. The business and financial audience are not in-depth readers. They have ADD personalities, and are addicted to their Blackberry’s and iPhones.Portfolio publisher William Li, via the Observer:Portfolio changed business journalism. The whole idea of writing breathlessly glowing profiles of CEO, we didn’t play that game … I’m proud of the fact that in our first year we won a National Magazine award. Business Week and Fortune? Please, that never happened. We were just nominated for two Webbys!James Ledbetter, via Slate’s Big Money blog:Last fall, I was on panel with a Portfolio writer who made a cutting remark about the vulnerability, in the age of Wall Street’s evaporation, of new business publications such as the one you’re reading. I challenged him to a bet: I’d wager $100 that [the Big Money] would outlast the print version of Portfolio. He declined to take the bet, which tells you just about everything you need to know about the sad, incredibly expensive history of that magazine: Even the people who continued to work there didn’t, in recent months, think it could last.Daniel Gross, via Newsweek:Portfolio seemed to operate on the presumption that the application of capital and the hiring of boldface names could instantly establish a thriving media brand in a crowded and fractured marketplace.Via comments on FOLIOmag.com’s story:It came up fast and it ended fast. Business information is really covered well on the Internet, so it’s a bit understandable that a print information source would not be valuable unless it was unique. If the big, established titles are struggling, it should have been a warning sign to Condé. Just do what it takes to keep Vanity Fair going … It seemed a lot like Vanity Fair, which I already read, but with a biz bent. If VF cranked up the coverage in that direction by even a feature every other month, I’d feel like I have my serving of Portfolio too.A $100 million to launch it? Condé Nast had more money than sense. Let’s get some perspective here. Portfolio launched at a time when “sub-prime,” “bailout” and “recession” didn’t appear in the first 100 words of every business article. It presented a different voice in business coverage along the lines of Vanity Fair, albeit without the cloying bits of high-society hipness and Graydon Carter’s unbridled hatred of George W. It’s a sad irony that Portfolio left us with one of the most-entertaining and precise sagas of the Wall Street crash with Michael Lewis’ “The End.”I am a one-man army at our little magazine, pulling in small but healthy ad numbers but still tickin’ because, I believe, that we have the freedom of shifting gears faster than monolithic organizations. Condé Nast is just too big. Love Vanity Fair, but wonder who reads it all?I have to admit I will miss Portfolio. As a subscriber since issue #1, I felt it elevated the otherwise dry genre of business reporting to something that bordered on what one might call “sexy.” I could never quite get comfortable with the positioning of Portfolio. It was stuck between trying to be a business magazine and a fashion/lifestyle magazine and never made it to either. Condé Nast announced this morning that it will shutter Portfolio, the troubled business magazine that it spent more than $100 million to launch. News of the closing first appeared on Wall Street Journal blogger Peter Kaftka’s Twitter feed, and was quickly confirmed by Jeff Bercovici, Portfolio’s own blogger.Below, a sample of reactions from the blogosphere, Twitter and the Web:Bercovici:last_img read more

House Republicans Torn over How to Tackle FY17 Appropriations

first_imgIf House Republicans appeared to achieve a degree of unity after Speaker Paul Ryan (R-Wis.) agreed to lead the chamber last year, it wasn’t long lasting.The party is split among multiple camps on how to handle fiscal 2017 appropriations. Many members, including the GOP leadership, are content to stick with the spending levels for defense and non-defense programs outlined in last October’s two-year budget deal, which raised the discretionary spending caps by $30 billion for FY 2017. A vocal contingent of conservatives, though, is pressing for a lower overall topline. A third bloc, defense hawks, is pushing to provide additional dollars for the Pentagon.At Friday’s conference meeting, Ryan made it clear that if lawmakers want an opportunity to return to “regular order” and pass 12 individual spending bills, the party would need to unite behind the bipartisan budget agreement, reported CQ Roll Call. Ignoring the deal and writing a budget resolution with a lower topline or only raising defense spending, he said, would guarantee that appropriations bills bog down in the Senate. The result almost certainly would be Congress’ reliance on a continuing resolution or an omnibus spending bill to keep the government running.The House also could decide not to draft a budget resolution or individual spending bills but that outcome, Ryan said, would be a huge disappointment.While nothing was resolved at the closed-door meeting, members seemed pleased that the speaker would let them decide the way forward, rather than impose a plan devised by party leadership. A decision on what topline spending figures to pursue and whether to draw up a budget resolution is not expected until the chamber returns from recess next week, according to the story.Differences between the various camps over the budget remain stark, no less polarizing than when former Speaker John Boehner led the House.“If you want to do phony work and you want to go out to the floor and talk about a bunch of phony stuff that sounds nice and put it up on YouTube and go back to your district and say we’re really the only ones fighting, then option one or two are your choice,” Rep. Devin Nunes (R-Calif.) said. “If you actually want to do real work, then option three is your choice.” Dan Cohen AUTHORlast_img read more

Recent Wilmington Real Estate Transactions

first_imgWILMINGTON, MA — Below are the real estate transactions in Wilmington during the week of January 6, 2019:Address: 7 Allgrove LanePrice: $589,000Buyer: William & Kara FitzpatrickSeller: Paul & Shelia McMahonDate: 1/11/19Use: 1-Family ResidenceLot Size: 25,265sfAddress: 18 Beeching AvenuePrice: $342,000Buyer: Christopher & Maria ThigpenSeller: Barry & Joan LeBlancDate: 1/11/19Use: 1-Family ResidenceLot Size: 7,405sfAddress: 10 Hensey Way, Unit 4Price: $609,900Buyer: Mary & Paul DowningSeller: Spruce Farm LLCDate: 1/8/19Use: CondoLot Size: n/aAddress: 102 Morse AvenuePrice: $650,000Buyer: Venkata AtkuriSeller: David McCure, Jr., Trustee for Tieri RTDate: 1/11/19Use: 1-Family ResidenceLot Size: 43,124sfLike 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 wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedRecent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”last_img read more

Wilmington Seniors At Shawsheen Tech Encouraged To Apply For Special Rotary Scholarships

first_imgWILMINGTON, MA — Rotary District 7903, which includes Wilmington, is offering ten $500.00 scholarships to graduating seniors that attend a Technical High School.The scholarships will be awarded to seniors that plan to pursue a trade after graduation. The funds can be used to obtain a certificate or license as well as to purchase tools for their trade (electrician, plumber, automotive mechanic, carpenter, beautician etc.)This award is funded by Annual Giving donations to The Rotary Foundation.The application can be found HERE. The application has also been sent to the Shawsheen Tech’s Guidance Department.The application deadline is April 19. The Scholarship Committee will meet in late April to select the winning candidates.(NOTE: The above information was submitted by the Wilmington Rotary Club.)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 wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedTickets Still Available For Wilmington Rotary Trivia Night On June 14In “Community”Wilmington’s Ice Bucket Challenge Raises $5K For ALS Research, 100+ WHS Students ParticipateIn “Community”VIDEO: Watch The 2019 Shawsheen Tech Scholarship NightIn “Education”last_img read more