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Anyone who can help should call Andrew Hughes in the serious collision investigation team by email at Andrew.Hughes@norfolk.pnn.police.uk or via 101 quoting incident number 525 of November 6. |
Back in 2009, hedge fund manager Phil Falcone came up with an idea considered genius only if you take an elastic view of securities laws, which Falcone certainly did (does?). Upon being notified by his personal accountants that he owed the government more than $100 million in state and federal taxes, and turning down t... |
Billionaire Philip Falcone was banned by New York state’s top financial watchdog from being an officer or director of Fidelity & Guaranty Life for seven years for using his hedge funds’ money for his personal taxes. Falcone, 51, is also barred from “direct or indirect control over the management, policies, operations” ... |
The wrongdoing exposes “serious issues related to Mr. Falcone’s fitness to control the management, operations, and policyholder funds of a New York insurance company,” Lawsky said in the statement. The statement didn’t say what specific role, if any, Falcone had at Fidelity. |
TOPEKA — Republicans running in the 2nd District congressional race have put more money into their own campaigns, either in the form of loans or direct contributions, than they have raised through contributions. |
Federal campaign finance reports that detail total fundraising through June 30 show that the seven active candidates have raised a total of $711,710 during the entire campaign cycle, which began Jan. 1, 2017, while their campaigns have borrowed more than $1 million, either directly from the candidates themselves or fro... |
And although that may be unusual for a congressional race in Kansas, University of Kansas political science professor Patrick Miller said it’s becoming more and more common around the country. |
While in years past candidates would tout their fundraising totals to indicate the level of public support they were receiving, Miller said now the totals are used as a signal to Super PACs about how much money a campaign can spend on its own, regardless of where the money comes from. |
By that measure, Sen. Caryn Tyson, of Parker, finished the second quarter on June 30 in the strongest financial position with $400,494 in cash on hand. Tyson loaned her campaign a little more than $205,000 of her own money and has raised $263,624 in contributions, including another $13,054 that she donated directly. |
Military veteran Steve Watkins, of Topeka, had the second largest war chest at the end of the period, with $376,176 in the bank. Watkins, however, loaned $475,100 of his own money to the campaign and has raised only $139,102 through contributions the entire election cycle. |
Sen. Steve Fitzgerald, of Leavenworth, had the third largest war chest at the end of the period, with $290,838 in the bank. He, however, has taken out $300,000 in loans while raising only $144,680 from contributors. |
Another state senator, Dennis Pyle, of Hiawatha, who didn’t get into the race until May 23, had the biggest fundraising quarter of all the candidates, bringing in $134,041 during the three-month period. He is also the only candidate in the race who has not taken out any loans or made direct contributions to his own cam... |
Rep. Kevin Jones, of Wellsville, contributed $60,100 directly to his own campaign, which accounts for a little less than half of the total $126,337 that he has raised. But his campaign has not taken out any loans. He reported having $62,159 in cash going into the final stretch of the primary campaign. |
Former Kansas House Speaker Doug Mays, of Topeka, raised only $7,204 since getting into the race May 11, but he has loaned his own campaign $101,000. His campaign ended the quarter with $22,316 in the bank. |
Basehor City Councilman Vernon J. Fields, who has been less visible on the campaign trail than the other candidates, has raised only $3,535 from contributors, including $1,085 from himself, and has loaned his campaign an additional $16,962. He ended the period $3,211 in the hole. |
As of Monday afternoon, Lawrence Democrat Paul Davis’ finance report had not yet been posted on the Federal Election Commission website. His campaign issued a statement on its website, however, saying he had raised $428,858 in the second quarter alone, more than the entire Republican field combined. That would bring hi... |
DUBAI, Sept 9 (Reuters) - Middle East ride-hailing firm Careem said on Sunday it had started a service in Sudan, one of few international companies to enter the country since U.S. economic sanctions were lifted last year. |
Careem, which said its services were now available in Sudan's capital Khartoum, has hired 10 Sudanese employees and signed up hundreds of drivers to its app to launch operations. |
"My goal and aim is to cover as many (cities) as possible in the next one or two years," Careem's Managing Director for Emerging Markets Ibrahim Manna told Reuters by phone. |
Sudan has the potential to be one of Careem's biggest markets in terms of number of trips taken due to the population size and demand for transportation services, he added. |
Dubai-based Careem is Uber's main Middle East rival, competing in most of the region's major cities including Cairo, Dubai, and Riyadh. Last year it became the first ride-hailing firm to operate on the Israeli-occupied West Bank. |
Remitting cash from Sudan can be difficult due to the country's hard currency shortage. |
Two companies are better than one: Perkbox, the U.K. startup that helps companies engage and reward employees and customers, has acquired London-based Loyalty Bay, which offers a SaaS platform for the automated delivery of digital rewards. |
Terms of the deal remain undisclosed, though I understand it was cash and Loyalty Bay’s backers have exited. The startup raised $1 million in seed funding back in August 2015. |
Founded in 2014 by William Roberts and Alex Farquhar, Loyalty Bay’s data analytics and rewards delivery software enables businesses to incentivise customers at various touch points — including on-boarding, purchasing, up-selling, and referring friends — through issuing digital rewards, such as gift cards. |
The software integrates with existing CRM and customer feedback systems to ensure the right personalised reward is directed to the right customer at the right time. Its existing clients include The Financial Times, Compare the Market, and Boundless, among others. |
“We are seeing a huge growth in reward spend from customers who want to reward employees for certain behaviour or performance. This is where we are plugging the Loyalty Bay digital reward technology into our core employee engagement product,” Perkbox co-founder and CEO Saurav Chopra tells me regarding the acquisition. |
“For example, many of our hospitality customers like Nando’s, Le Pain Quotidien etc give rewards to employees such as ‘best store manager’, ‘customer advisor of the month’ etc, and they do this all manually with paper vouchers and no tracking or budget control”. |
Powered by Loyalty Bay’s tech, Perkbox will now be able to automate this type of employee reward and help companies track and audit all the associated spend. |
In addition, Loyalty Bay’s SaaS will support Perkbox with the other side of its business, which sees it help businesses run customer engagement and rewards programs and enable them to easily offer exclusive perks/rewards to customers. |
“Loyalty Bay helps us scale this customer engagement/reward technology and we can support many more use cases like rewarding customers for certain events like contract renewal and other surprise and delight use cases,” he says. |
DOVER — Dover and other police departments were engaged Monday night in at least one exchange of gunfire and a standoff with an armed suspect who had barricaded himself into a unit at the Fairfield Garden Apartments off Plaza Drive. |
The incident began around 7:25 p.m. when police received a call about a domestic dispute at 1 Northway Circle in the apartment complex. Witnesses reported hearing a gunshot and Fosters learned that the victim, who was assaulted with a hammer by the suspect, was able to escape. |
Before being transported to a local hospital, the victim reportedly told police that her attacker was armed with at least one firearm. |
Police were approaching the suspect's apartment when the suspect opened the door and fired multiple rounds at police, who returned fire. |
No officers were injured but one Dover police officer reportedly has a hole in his pants from a shot fired at him. |
Fosters learned that police have not had any contact with the suspect since the shootings. |
At this time, the suspect's name and condition are unknown. |
Residents were still being evacuated from their homes at the apartment complex as of around 10:30 p.m.. |
Investors looking for substantial returns without gambling on cryptocurrency should consider two e-commerce providers and a streaming video platform. |
It's easy to understand the lure of bitcoin and other cryptocurrencies. Getting in on the ground floor of a once-in-a-lifetime opportunity and earning a massive return in a very short time is certainly appealing. Unfortunately, the volatility and the much greater risk of these unvetted new asset classes can also result... |
There are other more traditional ways to increase your odds of achieving noteworthy gains, like tapping into changes in consumer behavior or investing early in ongoing demographic shifts. With that in mind, we asked three Fool.com contributors to choose companies that they believed had significant untapped potential. R... |
Chris Neiger (Amazon): I understand the draw of bitcoin. People want to see their hard-earned money grow quickly. But huge gains don't have to come with the level of volatility that accompanies bitcoin. Instead, investors can invest their money with Amazon, which has a very stable (and growing) business, and still expe... |
Not only have Amazon's shares easily beaten the market, but the company is also continually making the right moves to set itself up for a successful future. For example, Amazon is the leader in the cloud computing space through its Amazon Web Services. AWS held 33% of the cloud infrastructure market in the first quarte... |
The cloud computing market is expected to grow into a $411 billion business by 2020, up from $305 billion this year, which means there's plenty of room for Amazon to continue tapping this segment. |
Of course, Amazon makes the majority of its top line from sales on its e-commerce platform. In the first quarter of this year, its North American sales hit $30.7 billion, up 46% from the year-ago quarter. But Amazon has plenty of other opportunities to grow its business as well. The company is already a leader in the b... |
In short, Amazon has very strong businesses that are continually growing and it's delivering strong share-price gains for its investors. Of course, there's no guarantee that Amazon will continue growing at the same pace that it has in the past, but when compared to the current volatility of bitcoin, it looks like a muc... |
Jeremy Bowman (JD.com): Bitcoin mania seems to have come and gone, but China's blockbuster economic growth is here to stay. The world's second-largest economy is expected to expand by nearly 7% this year, and is set to overtake the U.S. as No. 1 in the next generation. In other words, opportunity abounds. |
You may have heard of Alibaba, the owner of Tmall and Taobao, the largest platforms for online retail in China, but you may not be familiar with JD.com. In fact, JD.com is the biggest direct online retailer in China as, like Amazon, it sells products both directly and through a third-party marketplace. |
JD is also outgrowing Alibaba, taking market share from its larger rival, as its market share of Chinese e-commerce nearly doubled from 18% to 33% from 2014 to 2017. |
Even better, the company has scored sizable investments from both Walmart and Alphabet. Walmart took a 5% stake in JD.com in exchange for selling its Yihaodian online retail site to JD in 2016, which later increased it to 11%. Alphabet, meanwhile, just invested $550 million into JD as part of a strategic partnership to... |
Those partnerships are also key because JD has ambitions of expanding beyond Asia, into Europe and the U.S., where it will directly challenge Amazon, and no two companies are closer rivals to Amazon than Walmart and Alphabet. Combine that alliance with JD's opportunity in China and it's easy to see how the stock could ... |
Danny Vena (iQiyi): Investors willing to take on additional risk for the potential of life-changing returns don't need to resort to currency speculation, but can instead invest in a recently public, well-backed business involved in a paradigm shift in consumer behavior. Knowing what they know now, few investors would h... |
While more than half of consumers in the U.S. pay for a streaming service, that number is still far lower in China, currently at only about 13%. In previous years, Chinese consumers were content to use ad-supported services and piracy to satisfy their entertainment needs, but the tide is turning. One company that is po... |
The company recently completed its IPO in a spinoff from Chinese search giant Baidu, which is still the majority shareholder. Having one of China's largest companies as a supporter and benefactor is a huge advantage for both the company and its shareholders. As an example, Baidu provides artificial intelligence that he... |
There are plenty of other reasons to like iQiyi going forward. The company has more than 50 million paying subscribers and many more who still use the ad-supported option, giving the company a fertile field for growth. iQiyi recently partnered with JD.com to allow consumers to sign up for a premium membership, while en... |
iQiyi gives investors the opportunity to generate substantial gains -- with a much lower risk profile than bitcoin. |
The 21-19 vote was a defeat for Senate leaders. |
TALLAHASSEE — A massive expansion of private prisons in Florida collapsed in the Senate Tuesday as nine Republicans joined a dozen Democrats in handing a setback to Senate leaders and a victory to state workers. |
As a result, the state will not undertake what would have been the single greatest expansion of prison privatization in U.S. history, affecting 27 prisons and work camps in 18 counties and displacing more than 3,500 correctional officers. |
Senate leaders immediately said they would have to cut education and health care programs by $16.5 million, the amount supporters had said privatization would save in the first year. |
The 21-19 Senate vote reinforced the chamber's long-standing reputation for independence, as it has shown over the years on many issues, from abortion rights to immigration to the Terri Schiavo case. |
Tuesday's vote was a triumph for a rebellious group of Republicans who rejected supporters' arguments that for-profit prisons would save tax dollars and increase efficiency. All 12 Democrats also voted no, putting the minority party in the unaccustomed role of being on the winning side. |
Leading the opposition was a trio of local senators: Paula Dockery of Lakeland, Mike Fasano of New Port Richey and Jack Latvala of Clearwater. |
Six others also defected from the GOP leadership to sink privatization for the second straight year. A similar plan, written into the budget in the 2011 session, was declared unconstitutional by a state judge; the state is appealing that ruling. |
Senators debated privatization for nearly three hours, and opponents' floor speeches often showed more passion. Rather than talk about numbers, they talked about people, such as the treatment of correctional officers, whose starting salary is $34,000 a year and who have not received an across-the-board pay raise for th... |
"What's wrong with state employees?" said Sen. Dennis Jones, R-Seminole. "We should be taking care of them, rather than kicking them under the bus." |
Prison guards displaced by privatization could have "bumped" less experienced officers from their jobs upstate. But, Jones said, with the current housing crisis, many are trapped in their homes and couldn't sell them if they wanted. |
Across the Capitol in the House, one key leader said the vote ends discussion of privatization for the year. "I guess that's one less thing that we will be dealing with this session," said Rep. Will Weatherford, R-Wesley Chapel, who's in line to be House speaker next fall. |
The Senate's leading privatization supporter, Sen. JD Alexander, R-Lake Wales, described his work as budget chairman and the frustration of dealing with a hidebound Department of Corrections that is unwilling to modernize. |
Alexander said the agency, for instance, has dragged its feet in switching from paper time cards to electronic time clocks for employees. |
"We have consistently over my 14 years failed to make systemic change in the basic operating structure of prisons," Alexander said. |
Opposition from two GOP senators proved to be pivotal: Charlie Dean of Inverness and Steve Oelrich of Gainesville, both conservative former sheriffs who ran county jails. Both men resisted personal lobbying by Gov. Rick Scott and said it was wrong to privatize public safety in an entire region of the state. |
"I'm scared about the whole idea of private companies being responsible for taking away someone's freedom and keeping them there," Oelrich said. |
Senators opposing the privatization plan cited a letter from Jim McDonough, who ran Florida prisons under former Gov. Jeb Bush after a major scandal. McDonough urged a no vote on the grounds that the projected savings were unreliable. |
For weeks, labor unions rallied opposition to privatization. They included the Teamsters, who now represent correctional officers, the AFL-CIO, AFSCME and the Florida Education Association. |
Explaining a rare defeat for the Senate GOP leadership, Sen. John Thrasher, R-St. Augustine, a long-time nemesis of organized labor, said: "The unions have a strong presence here and that was shown today again. A lot of members relate to that." |
A lobbyist for private prison operator GEO Group, Jim Eaton, conceded that the issue is dead in the Legislature for now, but he said Scott can implement privatization on his own because the budget of 2010-11 included money to outsource some South Florida prisons. "He has the authority to do it if he wants to," Eaton sa... |
Scott declined to say whether he would expand prison privatization on his own. |
"What I'm focused on is to make sure the right thing happens," the governor said. "No one sits here and says, 'Gosh, every service that citizens of the state want has to be paid with their tax dollars and has to be (done) by someone who works for the state.' They want the most efficient, the most effective way of doing... |
The state is separately privatizing all medical, dental, mental health and pharmaceutical services for all 100,000 inmates statewide. |
Times/Herald staff writers Mary Ellen Klas, Tia Mitchell and Katie Sanders contributed to this report. |
Like many a movie studio adventurer in an age when “adventuring” is not a risk-averse strategy, Universal has been creeping through the tombs of its library, digging out reboots for musty old properties like Frankenstein and The Wolfman regardless of how recently they already did that. So it was only a matter of time b... |
Variety reports that franchise producer Sean Daniel will return to produce an all-new reboot of his reboots, about which Spaihts rebooted, “I see it as the sort of opportunity I had with Prometheus: to go back to a franchise’s roots in dark, scary source material, and simultaneously open it up to an epic scale we haven... |
A St Helens priest who was robbed at gunpoint has thanked a community choir after they donated their winnings from a recent competition to the church. |
Fr Peter Hannah was confronted by masked men at his home in St Helens shortly before Christmas and had cash his church, St Vincent de Paul Church in Parr was collecting for a Zimbabwean orphanage stolen. |
The robbery made national headlines, with police still hunting for the culprits. |
And when St Helens-based choir Vox Voices won a recent singing competition, Church Square’s Carole-Oke, they decided to donate their £500 prize money to Fr Hannah. |
Choir leader Wendy Littler explained: “We were delighted to win Carol-Oke just before Christmas and when we heard about the awful experience that Father Peter and the church had gone through, and that the money was stolen was set to go to such a worthwhile cause, we all agreed that we should donate our winnings to the ... |
Church Square centre manager Steve Brogan added: “When we first launched our Carol-Oke competition we wanted to be able to help local choirs in the community but we never imagined that the winners would then take the money and donate it to such a worthwhile and deserving cause. |
“This is an extremely kind and generous act and it’s great that the season of giving has spread into January. |
AAA released the results of its annual ‘Your Driving Costs’ study today revealing a 1.9 percent rise in the yearly costs to own and operate a sedan in the U.S. The average costs rose 1.1 cents per mile to 59.6 cents per mile, or $8,946 per year, based upon 15,000 miles of annual driving. |
In-depth findings of this year’s study, including a breakdown of specific costs by category of vehicle and various annual mileages, are contained in the ‘Your Driving Costs’ brochure which is available at select local AAA branch offices or may be downloaded at the AAA Newsroom. |
Nielsen continued, “AAA understands that high fuel prices are a real concern for consumers, and those in the market for a new vehicle may want to be cautious and determine projected operational costs based on varying levels of fuels costs. To assist consumers in determining their individual driving costs, the AAA ‘Your... |
The cost of fuel had the largest percentage increase from 2011 to 2012, rising 14.8 percent to 14.2 cents per mile on average for sedan owners. The average cost of regular grade fuel (used by most of the study vehicles) rose 16.6 percent, from $2.880 to $3.357 per gallon. Several vehicles included in the ‘Your Driving ... |
The cost of tires ranks second highest among the factors that rose from 2011 to 2012, increasing by 4.2 percent to one cent per mile on average for sedan owners. The rise in cost can be attributed to higher costs for natural rubber, and the increased cost of oil used in tire production and transportation from factory t... |
Depreciation costs were up slightly in 2011, but for 2012 the trend has reversed with depreciation falling across the board by nearly five percent. This change may be a consequence of reduced new car sales over the past few years, which has resulted in a relative shortage of good used cars on the market, driving up the... |
Maintenance costs are slightly higher in the 2012 ‘Your Driving Costs’ study with an increase of 0.7 percent to 4.47 cents per mile on average for sedans. Factors contributing to the increase include higher prices for oil and more manufacturers now requiring synthetic or synthetic-blend motor oils. Although the use of ... |
Average insurance costs for sedans rose 3.4 percent (or $33) to $1001 yearly. Insurance rates vary widely by driver and driving record, issuing company and geographical region. AAA insurance cost estimates are based on a low-risk driver with a clean driving record. For 2012, this group saw a small increase that offset ... |
AAA has published ‘Your Driving Costs’ since 1950. That year, driving a car 10,000 miles per year cost 9 cents per mile, and gasoline sold for 27 cents per gallon. |
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