21 Dec

What Andrew McCutchen said about his days with Giants (and that power-killing park)

first_imgNEW YORK — Not long after Andrew McCutchen arrived in New York after a late-season trade, he blasted an opposite-field home run to right field at Yankee Stadium.That alone let him know he wasn’t at AT&T Park anymore.“Knowing you can hit it out of here to the opposite field is good,” McCutchen said Tuesday on the eve of the Yankees’ wild-card playoff game against the A’s. “I’ve already hit one that way that would have been an out in San Francisco.”McCutchen, expected to lead off and play left …last_img read more

17 Dec

A court win for co-op allows insurance patronage to continue

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Ty Higgins, Ohio Ag NetAfter a two-year court battle regarding the legality of it’s insurance patronage program, Sunrise Cooperative was given the green light to continue the process of making these payments, when available, to customer-owners as it has been for a decade.After the 2008 farm bill made insurance rebates illegal, Sunrise was grandfathered around the law as their insurance patronage was structured to be given to members who chose to use Lund & Smith Insurance Services, LLC (L&S) as their crop insurance provider. Sunrise owns one-third of L & S, so the payments were found to be justified.That is until 2016, when Sunrise was about to merge with TruPointe Cooperative. The United States Department of Agriculture’s (USDA) Risk Management Agency (RMA) had given notice to Sunrise that those insurance patronage payments would have to stop, since TruPointe was not grandfathered in to the aforementioned law and the addition of TruPointe would change the entity structure of Sunrise.“We looked at what merging with TruPointe and losing the insurance patronage would mean for our customer-owners and it would have been devastating,” said George Secor, President and CEO of Sunrise Cooperative. “At the same time, we looked at all of the benefits of the merger which added up to millions of dollars to a total of 7,000 customer-owners of what would be the new Sunrise Cooperative.”After legal counsel sat down with both the Sunrise and TruPointe Cooperative boards, the decision was made to move forward with the merger and at the same time defend the practice of divvying out insurance patronage.The first decision came down from a district court. That ruling was in favor of the RMA, noting that the 2008 farm bill “prohibits large, abrupt increases in the amount of premium-rebating that can occur when, as in this case, a non-grandfathered entity merges with a grandfathered entity.”Sunrise then took their case to the Sixth Circuit, where they made the argument that nothing about their entity changed after the merger with TruPointe and therefore the insurance patronage should be allowed.All three judges on the Sixth Circuit panel agreed with that assessment.“It took a lot of money, time and effort to defend this right for the customer-owners of Sunrise,” Secor said. “But it was definitely the right thing to do and at the end of the day we prevailed.”AUDIO: The Ohio Ag Net’s Ty Higgins visited with Sunrise Cooperative’s President and CEO George Secor about the court win and what it means for customer-owners. Audio Playerhttp://ocj.com/wp-content/uploads/2018/06/Sunrise-George-Secor.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.last_img read more

11 Sep

ARREST LOG Wilmington Police Make 3 Arrests

first_imgWILMINGTON, MA — According to Wilmington Police Logs, Wilmington Police issued the following arrests and summonses between October 11, 2018 and October 17, 2018:Thursday, October 11Philip P. Perry (63, Wilmington) was arrested for OUI Liquor (2nd Offense); Marked Lanes Violation; and Failure To Signal. (9:26am)Friday, October 12Erick J. Benson (41, Worcester) was arrested on a warrant. (9:26am)Saturday, October 13Giovannie Williams (30, Dorchester) was arrested for Operating A Motor Vehicle With A Suspended License (Subsequent Offense) and Speeding In Violation Of A Special Regulation. (2:22am)Sunday, October 14NoneMonday, October 15NoneTuesday, October 16NoneWednesday, October 17None(DISCLAIMER: This information is public information.  An arrest does not constitute a conviction.  Any arrested person is innocent until proven guilty.)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… RelatedARREST LOG: Wilmington Police Make 5 Arrests & Issue 4 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 4 Arrests & Issue 3 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 4 Arrests & Issues 3 SummonsesIn “Police Log”last_img read more

5 Sep

Sensex rebounds by 213 points on bargian hunting

first_imgBargain hunting and unravelling of short positions by investors propelled a barometer index of the Indian equities markets into provisionally closing with gains of 213 points on Thursday.The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) made gains after six consecutive days of losses. It provisionally closed higher by 213 points or 0.85 percent during the day’s trade.Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) made gains during the day’s trade. It rose by 71 points or 0.93 percent at 7,683.25 points.The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,136.71 points, provisionally closed at 25,248.56 points (at 3.30 p.m.) — up 212.52 points or 0.85 percent from the previous day’s close at 25,036.05 points.The Sensex touched a high of 25,289.58 points and a low of 25,034.14 points during the intra-day trade.The barometer index had receded by 1,134.23 points during the last six consecutive sessions, whereas the NSE Nifty declined by 343 points.Market observers said that short coverings of position by investors led the relief rally after six consecutive days of losses.”Markets ended in the green after six straight sessions of losses led by covering of short positions by traders,” Vaibhav Agarwal, vice president and research head at Angel Broking, told IANS.Agarwal pointed out that markets positive trajectory might be short-lived due to the logjam in parliament and absence of fresh triggers.”We do not expect any meaningful upside from current levels in the absence of any major trigger,” Agarwal elaborated.”Investors will watch out for inflation and industrial production data over the next couple of days, for further direction. We also expect volatility to spike next week ahead of the US FOMC (Federal Open Market Committee) meet.”Lately investors confidence was eroded due to the logjam in parliament which has dimmed the prospects of the Goods and Services Tax (GST) bill getting passed during the winter session.Should the bill not secure clearance in this session, it will miss its intended roll-out date of 1 April next year.Moreover, the continued selling of equities by the foreign investors ahead of a likely US rate hike spooked investors.Apart from value buying and short coverings, forecast of positive monthly industrial output and inflation data points slated to be released on Friday brought back investors said Anand James, co-head, technical research desk with Geojit BNP Paribas Financial Services.”Forecast and expectations of healthy index of industrial production (IIP) data and cooling of consumer price index (CPI) has added positive sentiment to the markets,” James told IANS.last_img read more

5 Sep

China vows to safeguard its companies after US blacklists Huawei

first_img US Justice Department Files Criminal Charges Against Chinas Huawei Huawei 5G TVHuaweiChina has warned against further retaliation after telecom giant Huawei was barred by the Trump administration from the US market. Taking strong note of the decision taken by the US President Donald Trump to bar American companies from installing the foreign-made telecom equipment posing a national security threat, Beijing has vowed to safeguard the rights and interest of its business firms.On Wednesday Donald Trump signed an executive order to bar US firms from installing the foreign-made telecom equipment which poses a national security threat. China has accused the US of taking the decision to purposely ban Huawei from US networks. Reacting sharply to Trump’s decision, Chinese Foreign Ministry spokesman Lu Kang said: “China will defend its business’ rights and interests. As for China’s view on the executive order (of Trump), we can say that nobody says this as a constructive and friendly gesture.” The US has raised apprehensions on Huawei-the world’s largest provider of telecommunications equipment for a possible spying risk to Western infrastructure networks. China’s Ministry of Foreign Affairs spokesman Lu Kang speaks during a briefing in BeijingGREG BAKER/AFP/Getty ImagesThe decision to restrict Huawei comes amid a fresh round of trade war between two of the world’s largest economies. The effect of the trade war can also be felt in the Indian markets, as the overseas investors offloaded over Rs. 1142 crore local shares on Wednesday trade. Lu said: “We have noted the US Department of Commerce decision. China always asks its business to comply with laws and regulations in export control and fulfill its international obligations. We always ask them to abide by other country’s laws regulations in their overseas business.”He further went on to add: “But we are against other countries’ unilateral sanctions based on domestic law and practices that abuse export control measures. We urge the US to stop such practice and create favorable conditions for business cooperation. China will take necessary measures to safeguard Chinese business’ legitimate rights and interests.” Close IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:20Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:19?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Apparently, Huawei is fighting a major legal battle against the US to restrict the extradition of its CFO Meng Wanzhou, who was arrested in Canada for violating American sanctions against Iran. Meng, the daughter to Huawei owner Ren Zhengfei, has been put behind the bars for her role in misleading banks about the company’s business dealings. However, Huawei has argued that the Trump administration is purposely targeting the company as it has emerged as a major challenge for the next generation 5G telecom technology.last_img read more