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Separately, a federal judge in Alabama judge on Friday gave Intel and Intergraph until Valentine's Day 2000 to kiss and make up.
Intergraph is suing Intel for patent infringement over several memory-management technologies that Intel allegedly is using without Intergraph's consent. The FTC is using Intergraph's tangle with Intel as part of its antitrust case.
Intergraph also responded to an Intel motion last Wednesday in which Intel asked for a summary judgement – an expedited trial without a jury.
Intergraph said in a statement: "Intel's motion for a summary judgment mistakenly implied that there is no need for a trial on Intergraph's patents. It reflects Intel's orchestrated efforts to obscure the facts, distract attention away from the core issues surrounding Intergraph's case, and delay the legal proceedings."
The new owners of Peconic Paddler say they have greatly reduced the size of a proposed project that originally featured a hotel, restaurant and bar.
The reduced plan would now include a renovated Peconic Paddler building on the one-acre Peconic Avenue site and a new, one-story cafe/coffee shop. However, the site plan application still shows the hotel and restaurant as a “phase two” of the project.
The new owners, Fredette Svendsen LLC — a group headed by Tom Fredette, James Svendsen and Brendan Fredette — bought the property from longtime owner Jim Dreeben in April 2017 for $700,000.
Meanwhile, the Riverhead Business Improvement District Management Association voted unanimously Wednesday to oppose a request from the owners to hook into Riverhead Town’s sewer district in order to allow a hotel and restaurant.
The property is located within Southampton Town, which means the Southampton Town Planning Board must act on the plans. But Fredette Svendsen also have asked Riverhead Town to be able to tap into its sewer plant, since the Riverhead sewer line already runs past Peconic Paddler.
Riverhead Town officials say the only out-of-town connections to the Riverhead sewer system are the Suffolk County Center, jail and courts.
“And we have a hard time getting them to pay,” Councilwoman Jodi Giglio said at Thursday’s work session.
Southampton officials have been planning a sewer system in Riverside but work has not begun on that project. Tom Fredette said they are seeking to hook up to Riverhead’s sewer on a temporary basis until Southampton builds its system.
The BIDMA on Wednesday night agreed to an opinion in opposition of allowing Fredette Svendsen to tap into the town’s sewer line.
“Our downtown and the area surrounding the train station are not at full build-out and sewer capacity should be prioritized for development within these areas,” BIDMA president Steve Shaugher wrote in a letter to the Town Board.
“We also shared concerns about the negative impact the development will have on downtown businesses. The most recent proposal for the restaurant and hotel has a very limited on-site parking, and patrons of these businesses will take up spots within downtown Riverhead, rather than navigate around the busy Riverside circle. The BIDMA would like to see Riverside move in a positive direction but it shouldn’t be at the expense of downtown businesses and our revitalization efforts,” Mr. Shauger’s letter concluded.
While Fredette Svendsen said it is reducing the size of its project, which once called for a five-story hotel, its site plan still shows the hotel as a “phase 2” of the development.
Mr. Shaugher, who is the general manager of Hyatt Place Long Island in downtown Riverhead, has invited the owners to the next BIDMA meeting on April 17 to discuss their plans further.
Brendan Fredette, Tom’s son, as well as an attorney, said the hotel “is a future hypothetical.” In the event that Southampton Town “ever builds the Riverside sewer district,” that’s when they will consider the hotel, he said.
He added that Southampton Town officials urged them to include phase 2 in their site plan so as not to fragment the review.
He said they plan to build a cafe/coffee shop with 24 seats, in addition to building a new Peconic Paddler building.
The project would handle 600 gallons per day in sewer flow, Mr. Fredette said. But Michael Reichel, the town’s sewer district superintendent, said he computed the numbers and came up with a gallon-per-day flow of 800.
Brendan Fredette said if their numbers are wrong, they will “design down” to meet the 600 gallons per day number.
Mr. Reichel said the questions the town had initially are the same, regardless of the size of the project.
“It’s still an out-of-district connection,” he said.
He said Southampton Town officials “have kicked Riverside to the curb for years and year sand years.” Southampton officials said the sewer district would be done in 2020 but they haven’t even put a shovel in the ground yet, Mr. Hubbard said.
“You understand we have to give priority to our business owners,” Councilwoman Catherine Kent said.
Brendan Fredette said the project is not about Southampton or Riverhead town.
“This is 100 percent about the environment,” he said. The smaller project can be built right now under current zoning using traditional cesspools, he said, but they would rather do the development in a way that protects the environment and the Peconic River.
He said they environment creating a synthesis with adjacent Grangebel Park to the north of Peconic Paddler and the Southampton Town parkland to the south of Peconic Paddler.
Tom Fredette said they have purchased property on Riverleigh Avenue that can provide 60 parking spaces, and they also can use the Southampton Town parking lot across the street from Peconic Paddler, or the parking at the county center, if needed.
The Public Pension Agency (PPA), Saudi Arabia's second-largest pension fund, plans to boost its investments in real estate and has no immediate plans to exit any of its holdings in Saudi companies, the PPA's governor said on Tuesday.
The agency manages retirement schemes for Saudi nationals. It is one of the major investors in the local equity market, with 32 percent of its investments in listed equities and about 12 percent in real estate. It is also a major fixed income investor.
The PPA's governor Mohammad Al Kharashi said the fund paid out an average of SR4 billion ($1.1 billion) a month to about 1.1 million retirees and their dependants.
"We are open for more investments in real estate. We are open for any good investment opportunity," Kharashi told reporters on the sidelines of a conference in Riyadh.
On the stock market, he said: "We believe the market is a strong one and there is good support for some of the companies whether in the petrochemical sector, cement, banking.
"We are a long-term strategic investor and we look at these investments as attractive for us."
While some of the PPA's investments are made for dividends and others are for capital appreciation, "we are not under pressure to divest any of our stakes," Kharashi said.
On Monday the kingdom's Shoura Council, a body that advises the government on policy, suggested raising the retirement age for government employees to 62 from 60, a step which could reduce financial pressure on the PPA.
However, it is not clear if the suggestion will be adopted, and Kharashi said he did not know when the change might be implemented.
The PPA has not recently disclosed figures for its size but in its annual report published in May 2013, it said its local stock market holdings in 2012 reached SR41.8 billion.
The agency is the major backer of the King Abdullah Financial District, a huge real estate project, in Riyadh; Kharashi said total investment in the project had reached SR31 billion and that the first phase should be completed by the end of this year, after which leasing could begin.
"We expect payback (through rents) may be within 12 years," he said.
The number of credit and debit card owners in Costa Rica increased by 20.9 percent in 2012, the Central Bank (BCCR) reported on Tuesday.
Currently, 7.1 million credit and debit cards circulate in the country of 4.7 million. Of these, 22.6 percent (1.6 million) are credit cards. This means that on average each Tico owns at least one card (1.6 cards per person).
The BCCR report indicates that credit cards were used mainly for shopping (95 percent of transactions), while debit cards were used primarily to withdraw cash from ATMs (51 percent).
In the past four years, the use of debit cards as a payment method also increased from 43 percent of transactions in 2009 to 49 percent in 2012, according to figures detailed by the BCCR’s Payments System Division.
The value of all purchases made with cards (credit and debit) is equivalent to 18.5 percent of the gross domestic product, a figure that is similar to that registered in countries with high use of electronic payment methods such as Sweden (21.9 percent) and Belgium (17.1 percent).
Melton Mowbray Second XI started their County League season with an emphatic victory against Wakerley and Barrowden on Saturday.
The hosts won the toss and put Wakerley into bat knowing any life in the wicket would be in the first innings.
Melton opened the bowling with Jim Eccles (5 for 40) and Jamie Tew (2 for 27) who put the visitors under immediate pressure.
Eccles swung the ball both ways and tore through the top order, with only captain and opener Chris White (77) showing any resistance.
The next highest score in the visitors’ innings was six as Trish Panchel (2 for 27) chipped in to dismiss Wakerley for 109 in the 33rd over.
In reply, Chris Smith (2 for 13) took a couple of quick wickets.
Opener James Culy (14) saw off the new ball bowlers, but was out to the change bowlers, bringing Jamie Tew to the wicket.
He hit a quickfire unbeaten 61, including five sixes and six fours, alongside Trish Panchel (19 not out) as Melton secured an easy win in the 20th over.
On Saturday, Melton travel to Bitteswell for a 1pm start.
Nearly every winning stock is overvalued at some point; riding out the rough times takes discipline.
Cue Cannabinier's newest product, Brewbudz, a marijuana infused Keurig cup line. Think coffee, but without the jitters.
The bulk of scientists agree that there is no safe form of tobacco.
We'll take some profits in winners AMZN, GOOGL, FB and OLED and add to MKC and MGM.
Jim Cramer is bullish on Ulta Beauty, Nutanix, Reynolds American, KeyCorp, and Broadcom.
BAT shares edged higher Wednesday even as investors eyed ongoing weakness in some of its core markets following a solid trading update for the first half of its financial year.
Here are Thursday's top research calls, including new coverage for Kellogg, Kraft Heinz and Altria, and a downgrade for PayPal.
U.S. stock futures decline and European shares trade lower following disappointing earnings from Apple and as Wall Street looks to Wednesday's announcement from the Federal Reserve on interest rates.
Morgan Stanley leads the banks, while Kirkland & Ellis tops the law firms.
Argus raised its rating on British American Tobacco.
Wells Fargo downgraded Reynolds American (RAI) stock on Thursday.
British American Tobacco plc posted stronger-than-expected full-year earnings and boosted its dividend as the group prepares to close its $50 billion takeover of Reynolds American.
European stocks continued to advance as solid corporate earnings and better-than-expected full-year economic data from Germany boosted risk sentiment.
Here are Monday's top research calls, including upgrades for J.C. Penney and Regeneron, a downgrade for Evercore and new coverage of Hasbro.
The Last Cigarette You'll Ever Smoke?
All eyes in the tobacco sector on D.C.
Goldilocks: Can She Power AT&T And The Markets For Years To Come?
In an urgent request to supporters this week, Second District Councilwoman Jeannine Pearce asked for volunteers to phone bank on her behalf this weekend as the recall effort against her continues to move forward.
The Los Angeles County District Attorney’s Office will not prosecute Second District Councilwoman Jeannine Pearce stemming from allegations that she drove under the influence and possibly committed domestic battery against her former chief of staff in early June.
Campaigns for public office are long, expensive and often times can get messy. But what about when the roles are reversed and it’s the public petitioning for a recall election?
Any charges that may be levied against Second District Councilwoman Jeannine Pearce or her former chief of staff, Devin Cotter, stemming from a June 3 incident will again be decided by the Los Angeles County District Attorney’s Office.
The Los Angeles District Attorney’s Office is currently looking into allegations of “inappropriate behavior and potential conflicts of interest” involving Councilwoman Jeannine Pearce and her former chief stemming from an incident early last month.
The Long Beach Police Department is currently investigating multiple incidents of domestic violence allegedly committed against Second District Councilwoman Jeannine Pearce, she announced in a statement released through her attorney today.
Memorials aren’t memories. They don’t just appear upon death.
A crowd gathers around the Forrest monument in Memphis in 1906.
First, it should be big, the plaque. Not necessarily because there is so much to say, though there is so much to say, but big enough to be noticed on the side of this rather grand monument, after they move it and the bodies beneath it across town to the cemetery. And not just big for the sake of bigness. It should stick out as something off, something that disrupts the admirable balance of the statue, currently so tasteful, regal even. This bronze man on this bronze horse. Goatee. Square jaw. You get it. You’ve seen it before, even if you haven’t seen it before. Anyway, the plaque has to be big enough to catch your eye when you’re checking your cellphone or walking your dog or eating a chicken Caesar salad from a plastic box on a bench, or whatever people are doing there in the cemetery, and whatever they might do there in the future, because that’s why we make these things, right? Plaques? Bronze men on bronze horses? We want people in the future to remember.
But first we want them to notice.
This essay is adapted from this episode of The Memory Palace podcast.
So let’s think about material for this imagined plaque. Maybe the plaque should be garish. Not intentionally ugly, not necessarily, but, like, titanium maybe. A patch of Frank Gehry futurism on this staid, stately old thing. It would catch the light and catch the eye, in contrast to the brown-green man on his brown-green horse or a gray pigeon alit on his brown-green shoulder. And I like that the Gehry of it all, the futurism, is not at all futuristic. It’s millennial. A decade from now it’ll be dated, literally dated. Bilbao or Disney Hall or wherever will seem so late ’90s, so 2000s, and you’ll scoff. And I want that. I want this plaque to be fixed in time to let people know when it went up, to let people know what was up at the time.
Because that is the point here; the point of this plaque is to make these future people realize that this lovely old statue wasn’t always old and wasn’t always here in this cemetery. And moreover, I want the reader, standing there in the shadow cast by the late, somehow still lamented Nathan Bedford Forrest on some future summer Sunday, to know why it wound up in a park on the other side of town in the first place. Because memorials aren’t memories. They don’t just appear upon death. A letter of surrender, signed in some farmhouse at the edge of some battlefield, doesn’t come complete with a historic marker affixed to the door.
The monument to Nathan Bedford Forrest was put in that park downtown for a reason, at a specific moment in time. And at that time, General Forrest and Mrs. Forrest were already buried in Elmwood Cemetery. The same place the City Council recently voted to put them. His body, her body, were originally dug up from the ground because a group of prominent Memphians thought they were better off somewhere else.
This was 1905. Forty years after the war. Thirty years after Forrest’s death. They felt the city needed Nathan Bedford Forrest right then because they had seen the city fall from great heights. Memphis had been left relatively unscathed by the war, but not by its outcome. Not by the end of the slave trade, which had been one of the economic and cultural pillars of the city. Without the slave markets selling men and women and children, and without the riverboats and crews and suppliers and dockworkers sending them up and down the river, Memphis was hardly Memphis anymore.
And then there was the yellow fever, which had swept through Memphis some years before and killed so many. And drove many more away, people who never returned after a mandatory evacuation. And now it was the turn of the next century and the city was increasingly—let’s just say it, let’s just stop not saying things—increasingly black, and increasingly tense. White businesses did not like competing with black businesses; black people did not like being lynched.
This move to move Forrest started not long after Ida B. Wells, a Memphian, too, had started writing, rabble-rousing, boldly, bravely, against lynching. After her friend Thomas Moss was improperly imprisoned. After a fight between children over a game of marbles escalated until adults were threatening to burn down his store, and after Moss wound up being pulled from that prison and lynched. And Wells was threatened so much, so often, that she moved away, and the paper she had written for was burned to the ground.
So wealthy white Memphis found all of this unpleasant. So they raised money, $33,000, not to rebuild that newspaper office or build a police force that would properly protect all of its citizens, but to make a monument to a man they thought best represented a Memphis they had lost. A man who had risen from nothing, a blacksmith’s boy who became a millionaire and believed so strongly in the Confederate cause that he enlisted as a private and then went on to prove himself to be perhaps the most brilliant military man born on American soil, even if he didn’t fight for America.
Those are facts. That’s a true story.
And they liked what that story said about the American Dream. Even if it wasn’t technically American. Even if Forrest’s fortune was made buying and selling human beings, and selling cotton raised and picked and cleaned and packed by enslaved human beings. Even if the cause for which he employed that military genius was to ensure that men like him could rise up from nothing and make $1 million buying and selling human beings and stealing their lives and their labor.
In 1905, they held a parade at the unveiling of the new statue and made speeches to honor the general. They said nothing of slavery. They said much about heritage. And honor. And chivalry. They said nothing of how Nathan Bedford Forrest had been the first Grand Wizard of the Ku Klux Klan, nothing of the terror it had wrought, nothing of the assassinations or the lynchings, nothing of how it had sought to undermine and overthrow the political order of the nation, the nation that they celebrated, there in Memphis in 1905, when they played “The Star-Spangled Banner” and “Yankee Doodle Dandy” right alongside “Dixie.” They might not have mentioned any of it, but they knew it, knew about Forrest and the Klan. They’d certainly read The Clansman—it was flying off the shelves that year, a novel about heroic men hidden beneath bedsheets, out to save white virtue from black barbarians. It was “a historical romance,” that’s how it billed itself, that looked back longingly to a time not long before, when people were still chivalrous and forthright and gentlemanly, and would stand up against barbarism and miscegenation and instability and stand up for order, private property. Who better to represent what they had lost than Nathan Bedford Forrest? When they weren’t talking about his slaves or his slave trading, they talked about his heroism in battle, though they didn’t talk about the Battle of Fort Pillow, when he had ordered the massacre of hundreds of American troops attempting to surrender, most of them former slaves. They talked about his faith instead. His strapping build. And about their own hopes that future Memphians would gaze upon Nathan Bedford Forrest and be inspired. They even raised some extra cash for a skating rink, so that the white children of Memphis could play nearby in the shadow of this great man and learn from his shining example, though the bronze would turn brown and green as this symbol of all that was good was exposed to the light of the sun and washed by the rain.
Memorials aren’t memories. They have motives. They are historical. They are not history itself.
There is debate (there is always debate) about what the Klan meant when Forrest was its wizard. About his intentions at Pillow Fort. They say Forrest repented his sins and his crimes on his deathbed. Should that be on the plaque? Should it note his regret? I say no. May it have ruined him. May it have corroded him like rain on bronze. May it have choked him, like smoke from the crosses and homes and churches burned by men who revered him decades and decades later. Revered him, at least in part, because some influential Memphians decided they needed to revere him in this way in that park in 1905.
So the plaque should be big. But it can’t be big enough to say all that. Maybe it should just say—maybe they should all say, the many, many thousands of Confederate memorials and monuments and markers—that the men who fought and died for the Confederate States of America, whatever their personal reasons, whatever was in their hearts, did so on behalf of a government formed for the express purpose of ensuring that men and women and children could be bought and sold and destroyed at will.
Maybe that should be enough.
But I want people to know about those Memphians in 1905 who wanted people to remember Forrest and why. Who wanted a symbol to hold up and revere. To stand for what they valued most. I want people to know that the statue stood in downtown Memphis for more than 110 years. And to remember that memorials aren’t memories. They have motives. They are historical. They are not history itself.
And I want them to know that in 2015, after Clementa Pinckney and Sharonda Coleman Singleton and Tywanza Sanders and Ethel Lance and Susie Jackson and Cynthia Hurd and Myra Thompson and Daniel Simmons Sr. and DePayne Middleton-Doctor were murdered in a church in Charleston, South Carolina, there were people in Memphis who were done with symbols and ready to bury Nathan Bedford Forrest for good.

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