×NJ Transit in Hoboken HOBOKEN — On Tuesday May 23, Governor Chris Christie held a press conference informing the public that all New Jersey Transit Morris & Essex Midtown Direct trains to Penn Station will be diverted to Hoboken.From there, PATH trains and ferries will cross honor NJ Transit fares from that line.This is caused by construction needed for repairs which should take about eight weeks.“Amtrak is telling us now that the eight-week repair schedule that will begin in July and run to Labor Day weekend will necessitate limited service into Penn Station for the Morris & Essex line of the Midtown Direct line, and that will obviously cause some significant delays,” Christie said.Officials will announce exact dates for the repairs early next month, he added.According to the governor passengers on this line will be able to purchase tickets at a reduced price which means a loss of about $15 million in revenue to New Jersey.“I’m not happy about any of this, but the fact of the matter is, we’re gonna either make these repairs now or make them later,” he said. “But the repairs need to be made.” NJ Transit in Hoboken
OAKLAND – The whistle shrieked once again in DeMarcus Cousins’ ear, which represented the soundtrack to his frustration. In the Warriors’ 128-95 loss to the Boston Celtics on Tuesday at Oracle Arena, Cousins struggled in so many areas. He struggled with his shooting, scoring 10 points while going 4-of-12 from the field and 0-of-5 from 3. He struggled with his defense, as the Celtics became the latest team to expose his ongoing adjustments with his conditioning and switching. He struggled with …
5 March 2013South African company First Distribution has signed an African distribution deal with US firm Innovolt, whose technology platform protects electronic equipment from power supply problems.“While power outages not only impact productivity for businesses in the region, they limit growth in a nation that accounts for a third of sub-Saharan Africa’s economic output and ranks among the world’s top 25 countries in gross domestic product,” First Distribution said in a statement on Monday.“In today’s ‘always-on’ business society, the need to have a constant and uninterrupted power supply has grown to the point where protecting your electronic equipment is vital,” said First Distribution’s networking general manager, Charlie Murray.Innovolt’s technology platform enables electronic equipment to last longer by protecting the devices from 99.5% of common power disturbances.“Innovolt continues to grow its global footprint to protect from power-related issues on an international scale,” said Innovolt chief operating officer Jeff Spence.“It’s our goal to make companies in South Africa more efficient and to help them cut down costs related to bad power.”First Distribution has grown its networking portfolio over the past year and is looking to leverage Innovolt’s technology to expand its presence in South Africa and move further into the rest of Africa.“First Distribution’s networking division upholds a certain standard when it comes to selecting vendors with whom to conduct business, and Innovolt meets our criteria for quality and innovation,” Murray said.SAinfo reporter
Close to a 1,000 people turned up at Bongaigaon town’s Gandhi Maidan on Tuesday to be the first to trade a kilo of plastic for a sapling and a cloth bag. A 70-year-old woman beat them all to make an ecological statement.Bongaigaon, the headquarters of Bongaigaon district, is about 180 km west of Guwahati.Renuka Roy Choudhury had a reason to be the first to deposit the plastic from her house in a plastic bank set up by the Bongaigaon Municipal Board — to send a message that the older generations have to take the lead in undoing the damage done to the environment.“We have enough saplings in the Social Forestry nurseries, but brought 200 for the ‘plants-for-plastic’ exchange programme. The overwhelming response made us realise we brought too few,” the district’s Deputy Commissioner Adil Khan said.Ms. Choudhury and the 199 others were given saplings of gooseberry, olive, mango, jackfruit, mahogany and other local species of trees for a total of 200 kilos of plastic deposited. Each of them also received a cloth bag manufactured by local women’s self-help groups.Each of these bags can withstand more than 2 kg of weight.Mr. Khan said those who missed out on a sapling on Tuesday would be provided with one later. “We will continue with the programme till the town is free of single-use plastic. The plastic bank will be open at the Municipal Board’s office for anyone to deposit a kilo of plastic and get a sapling in return,” he said.Banana barkThe Social Forestry wing of the Assam Forest Department pitched in with innovation too. Officials replaced black polythene bags with the bark of banana plants for holding the saplings. These were tied with jute threads.The district administration had, ahead of the ‘plants for plastic’ drive, discussed an alternative to the polythene sapling bags with Divisional Forest Officer Abdel Salam Arief. Forester Lakhi Nath came up with the banana bark idea.The Bongaigaon district administration said the drive would perhaps not have been possible without the involvement of a green group called Robin Hood Army. Its volunteers facilitated the exchange programme.
Art Briles is no longer the head coach at Baylor, and if the latest report by Joe Schad is true, it looks like some of his assistants may be out soon too. Schad, formerly of ESPN, posted a long note to Facebook Tuesday afternoon, reporting that a former Baylor student named Dolores Lozano claims she was assaulted by former football player Devin Chafin and that both Briles and assistant Jeff Lebby knew about it. She even alleges that she and Lebby exchanged texts about the situation. She says that she brought allegations to the Waco Police, but Chafin was allowed to continue playing. She says the school never had a formal hearing either.Schad also reports details of the alleged assault and includes photos of the injuries Lozano reportedly suffered from the incident. Here is a photo provided to me by former Baylor student Dolores Lozano pic.twitter.com/lHAwUnI0g3— Joe Schad (@schadjoe) June 7, 2016Jeff Lebby, currently the Baylor passing game/RBs coach, did not have immediate comment about Lozano’s claims— Joe Schad (@schadjoe) June 7, 2016The fallout at Baylor does not appear to be over just yet. Obviously, this is awful. Expect more repercussions here.
WASHINGTON – The pro-NAFTA forces in Washington are escalating efforts to protect the agreement from President Donald Trump, including entertaining the idea of shielding it via some legislative mechanism.The U.S. Chamber of Commerce announced it will hold weekly events to rally support for the deal, as the country’s largest business lobby held an initial such gathering Tuesday at its headquarters across the street from the White House.Speakers at the event were senators from the president’s Republican party. They urged trade supporters to raise their voices to help sway an internal debate within the White House, as Trump considers whether to start the NAFTA cancellation process as a hardball negotiating ploy.One senator from Kansas dismissed that as a “Humpty Dumpty” strategy — break NAFTA first, attempt to fix it later. Pat Roberts called it an unnecessarily risky move and said he has personally confronted the president three times over his approach to trade, including at a closed-door caucus meeting last week.He said the president told Republican lawmakers not to get excited over his negotiating ploy, to which Roberts replied: “I am excited.”Roberts said it’s imperative that people who believe in trade speak out now to counter the anti-trade impulses in Trump’s Washington, echoing a message also delivered at Tuesday’s event by his colleague Sen. Ted Cruz.“Saddle up. Everybody saddle up. We have to ride. Ride with me,” Roberts said in a speech.“We are fighting a pervasive view that our economy has not benefited from NAFTA. That is simply not right. We are coming to a crossroads… These issues affect real jobs, real lives and real people.”Both senators described how their states have benefited from NAFTA. A new document produced by the Congressional Research Service on state-level trade data says Kansas exports about US$750 million in grain products to Mexico, and another $10 million to Canada.Farming groups have spoken out too, warning that the mere threat to cancel NAFTA could send foreign customers scrambling to find new non-U.S. suppliers.Roberts briefly addressed the emerging debate about what power Congress might have to block a presidential NAFTA pullout. Trade lawyers say it’s unclear whether the president can act unilaterally, and some suggest such a move could wind up at the Supreme Court.That’s because the U.S. Constitution offers contradictory instructions: Its Article One gives Congress power over international trade, and Article Two gives the president power over foreign affairs.Some analysts like former U.S. trade czar Robert Zoellick have urged Congress to flex its muscles by taking legislative steps to wrest some control away from the White House. Ideas being floated around Washington, for example, include attaching pro-NAFTA clauses to a bill, or passing a bill that would insist on a thorough study of the consequences before any U.S. pullout.Asked whether his colleagues are discussing such steps, Roberts said it’s a possibility: “That might be an option. Right now I think it would be a little early to be doing that… I think we can make our case before the administration,” so it doesn’t get there.Cruz said his GOP colleagues are almost universally pro-trade.“The Republican conference and Senate is virtually united,” he told the business crowd. “I want to encourage everyone in this room: Let your voice be heard. Because the administration is being pulled in two different directions.”The U.S. Chamber of Commerce has sounded the alarm over what it sees as potentially fatal moves to undermine the agreement by the Trump administration amid negotiations to upgrade the deal.Those moves include demands by the Trump administration for a five-year termination clause allowing easy cancellation of the agreement; tougher Buy American rules; auto-parts requirements the industry calls impossible to meet; and a gutting of the dispute mechanisms that enforce NAFTA.“For many in the business and agriculture community, the outlook has shifted over the past month. There’s growing concern about the direction of the negotiations,” said John Murphy, the chamber’s vice-president.“A number of the proposals that the United States has put on the table have little or no support from the U.S. business and agriculture community. It isn’t clear who they’re intended to benefit…. (They) will only add costs for business, add to uncertainty, depress investment…“But I think many in Congress are catching up to those concerns. They’re increasingly hearing from their constituents. Threats to withdraw from the agreement are catching attention.”More than 80 agriculture groups wrote to the administration last week urging Trump not to use NAFTA’s pullout clause as a negotiating tool. That clause, Article 2205, allows a country to provide six months’ notice of its intention to withdraw.“Withdrawal is looked upon as a potential catastrophe,” Murphy said. ”So I do think members of Congress are rapidly coming to grips with those concerns, as they’re hearing them from their constituents.”
WASHINGTON – A Canada-U.S. women-in-business group created by Prime Minister Justin Trudeau and U.S. President Donald Trump released its first set of recommendations Wednesday, proposing more affordable child care and a new binational procurement initiative.It’s the first of five anticipated reports from the Canada-U.S. Council for Advancement of Women Entrepreneurs and Business Leaders, created during Trudeau’s first meeting with Trump last February.It is delivering its findings to the two leaders. This first report is on supporting women-owned businesses, and subsequent ones due through July will look at science education, attracting entrepreneurs, and improving access to capital.This first report makes four recommendations: affordable child care, getting startup-funding groups to measure and encourage women’s access to investment, diversity programs in private-sector supply chains and a new public-sector procurement initiative.The procurement idea calls on Canada to create a program like one in the U.S. where five per cent of public contracts are set aside for women-owned businesses in sectors where women are under-represented.It says the countries’ programs should be linked, with women able to qualify for the contracts in either country.The report notes the differences between existing child-care policies in Canada and the U.S.: Canada has a national system allowing paid parental leave, unlike the U.S. But the report says access to day care remains a challenge in both countries.”We recognize that Canada and the United States have taken different approaches to family policy and unpaid care work and do not suggest there is a ‘one-size-fits-all’ solution,” said the report.”In the United States, we heard women say that the high cost of childcare or in-home support prevented them from scaling their companies to their full potential. In Canada, we heard the need for more affordable quality child care programs… (Solutions) could include things such as maternity leave policies and tax incentives. It could also include measures to level the playing field between caregivers — for example, paternity leave policies.”The 20-page report lays out numerous gender disparities in the business world.It points to the minuscule percentage of major companies owned by women. The percentage is even smaller in Canada than the U.S. Citing federal data from both countries, it notes that a mere 14 per cent of companies in the U.S. with 100-500 employees are female-owned, and just seven per cent in Canada. The numbers for smaller businesses are only slightly higher.There’s a similar disparity in startup funding: 19 per cent of startups that get seed funding have a female founder, according to figures it cites from CrunchBase. The ratio drops for companies getting subsequent funding — for later-stage funding, 13 per cent or less of it goes to companies with a female founder.The paper urges funding groups to keep these statistics, and track them, quoting one CEO: ”You cannot improve what you don’t measure.” It also encourages companies to establish more networking opportunities.The challenge of networking is laid out in another part of the paper that cites survey stats showing there’s no clear consensus among men and women when asked whether it’s appropriate to have dinner, have lunch, drive in a car, or have a drink with a women who’s not their spouse.”It is worth noting that business relations between men and women are receiving greater scrutiny in the wake of recent sexual harassment scandals,” says the paper.”It is critical that women be encouraged and supported as they come forward about these instances. At the same time, some men have described heightened caution when interacting with women, especially in professional settings. A big takeaway is the need to challenge harmful social attitudes and biases, but also to be mindful of overcompensating behaviours that can further isolate women in business.”The paper released Wednesday was part of the project led by GE Canada President Elyse Allan, and NRStor Inc. CEO Annette Verschuren.The U.S. president’s daughter Ivanka, who participated in the launch of the project, saluted the arrival of the first report: ”Thanks … for your recommendations on growing women-owned businesses,” she tweeted.”We value private sector input in advancing the success of women entrepreneurs in US & Canada.”Note to readers: This is a corrected story. An earlier version said the council was created by Trudeau and Ivanka Trump and that it was expected to produce just four reports.
Beijing: Ahead of the crucial talks next month to finalise the texts of trade deal with the US to end the trade war, a top Chinese official said on Sunday that China will import more goods from the US to balance bilateral trade, a key demand of President Donald Trump. Trump is demanding China to reduce the USD 375 billion trade deficit and protection of intellectual property rights (IPR), technology transfer and more access to American goods to Chinese markets. Also Read – Thermal coal import may surpass 200 MT this fiscal He has already increased the tariffs on over USD 250 billion Chinese exports to the US and threatened to extend tariffs on USD 200 billion Chinese imports to 25 per cent. Trump held back his threat to impose additional tariffs on the rest of Chinese imports as both sides stepped up talks to finalise the text of the deal. The White House said recently that talks between Chinese Vice-Premier Liu He, China’s main trade negotiator and the US Trade Representative Robert Lighthize and Treasury Secretary Steven Mnuchin will be held on April in Washington. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost Ahead of the talks, Vice-Premier and Politburo Standing Committee member Han Zheng told the China Development Forum in Beijing on Sunday that China will work to boost imports and achieve a more even balance of trade with the US. Han told a gathering of foreign business representatives and former government officials from the US and other countries that his government was committed to levelling the playing field. We do not aim to (increase the) trade surplus and sincerely want to increase imports to achieve trade balance, Hong Kong-based South China Morning Post reported. He said that China would improve market access, including shortening the negative list of industries in which foreign investment is limited or prohibited, and ban the practice of forcing foreign firms to transfer proprietary technology to joint venture partners. As the next step, we will continue to shorten the negative list for foreign investors and allow sole proprietorship of foreign businesses in more sectors, he said. China would also speed up the opening up of more sectors, including telecommunications, education and health care, he said. We will continue to strengthen intellectual property protection, prohibit forced technology transfers, and build a penalty and compensation system (for infringement cases),” he said. Beijing is reported to have promised to buy larger quantities of US agricultural and energy products to help achieve that goal. The trade gap for goods bought and sold by the US and China in 2018 rose 11.6 per cent from the previous year to a record USD 419 billion, the Post report said. China recently passed a new foreign investment law which for the first time provide an opportunity to foreign firms from June 1 to invest in China without joint ventures with protection to technology. Chinese officials say the new law with a negative list provides level playing field treating foreign firms on par with that of the domestic companies.
Nadi (Fiji): Asserting that Asia continues to be the growth engine of the world, Economic Affairs Secretary Subhash Chandra Garg Saturday said the ADB must expand its private sector operations to boost economic development.Addressing the Board of Governors of the Asian Development Bank (ADB) here, he said there is a rising need for the agency to focus on strengthening human capital and develop social safety nets. “Therefore, we urge the ADB management to expand it social sector engagements in countries like India, while at the same time, continuing with the focus on making cities smart, providing 24×7 water and power supply, enhancing connectivity, and mitigating the risk of climate change. Our regional cooperation initiatives must aim to integrate the countries of the region with the global value chains,” he said. Also Read – Commercial vehicle sales to remain subdued in current fiscal: Icra”While ADB should continue helping the member countries harness their growth potential by providing larger financial resources, it must expand its private sector operations across the region. By investing more through equity and infrastructure trusts, ADB can play a meaningful role in development of private sector initiatives,” Garg, India’s Alternate Governor on ADB’s Board of Governors, said. ADB’s private sector operations reached USD 3.14 billion in 2018, a 37 per cent increase from the previous fiscal, and stood at 14.5 per cent of its overall commitment. Also Read – Ashok Leyland stock tanks over 5 pc as co plans to suspend production for up to 15 daysEmphasising that ADB has helped the developing countries in building infrastructure and reducing extreme poverty for the past 52 years, Garg said innovation in financing will be the key to success of long-term growth strategy. “This will require careful fine-tuning of both public and private sector financing. Private financing has to be carefully shepherded to the right sectors like manufacturing, services and new digital economy industries with active support of equity financing from ADB and other multilateral agencies,” he said. Private investment in more difficult sectors like infrastructure and human capital improvement, however, will not flow unless these projects are sufficiently de-risked for the private sector with both direct investment as well as provision of guarantees and other structured support, he said.