Idaho ~ Sales and Use Tax: Short Term Room Rentals in Private Home Taxable

first_imgCCH Tax Day ReportIdaho residents who rented out a room in their Boise home for short term lodging using an online reservation platform were liable for 6% sales tax, 2% travel and convention tax, and 5% Greater Boise Auditorium District tax on the lodging fees charged to guests. A hotel/motel means an establishment which provides lodging to members of the public for a fee, and includes condominiums, townhouses, or any other establishment which makes a sale of lodging. Hotel or motel means any person regularly engaged in the business of furnishing rooms for use or occupancy, whether personal or commercial. Although the taxpayers only rented out a single room, rather than several rooms, they still came within the definition of a hotel/motel. Further, it was the taxpayers, not the online platform, who actually rented the room as retailers and thus owed the sales taxes.Decision Nos. 1-328-246-784, 0-231-911-424, 0-941-912-064 , Idaho State Tax Commission, April 16, 2016 , received September 8, 2016, ¶400-799last_img read more

New Jersey Adopts Garden State Film and Digital Media Jobs Program Regulation

first_imgNew Jersey has adopted new regulations to implement the Garden State Film and Digital Media Jobs Program, which provides a credit against corporate and personal income taxes for production of film and digital media content. (TAXDAY 2018/07/09, S.19)Program CreditUnder the program, eligible taxpayers are allowed a tax credit of 30% of the qualified film production expenses or 20% of the qualified digital media content production expenses incurred after July 1, 2018, but before July 1, 2023. The allowable credit is increased to 35% of the qualified film production expenses or 25% of the qualified digital media content production expenses of the taxpayer for the expenses incurred for services performed and tangible personal property used or consumed from a vendor whose primary business is located in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Mercer, or Salem County.Adopted RegulationsThe adopted regulations provide specific information on the scope of the credit, including:– definitions;– eligibility criteria;– application requirements and fees;– credit amounts and carryforward information; and– application evaluations and appeals.N.J.A.C. 19:31-21, New Jersey Division of Taxation, effective November 9, 2018, and expire June 28, 2019Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Podcast: A burning body experiment, prehistoric hunting dogs, and seeding life on other planets

first_imgNews stories on our earliest hunting companions, should we seed exoplanets with life, and finding space storm hot spots with David Grimm.  From the magazine Two years ago, 43 students disappeared from a teacher’s college in Guerrero, Mexico. Months of protests and investigation have not yielded a believable account of what happened to them. The government of Mexico claims that the students were killed by cartel members and burned on an outdoor pyre in a dump outside Cucola. Lizzie Wade has been following this story with a focus on the science of fire investigation. She talks about an investigator in Australia that has burned pig carcasses in an effort to understand these events in Mexico.   [Image: Edgard Garrido/REUTERS/Music: Jeffrey Cook]last_img read more

Portugals Luis Norton de Matos appointed India U-17 coach

first_imgNew Delhi, Mar 1 (PTI) The AIFF today appointed Portugals Luis Norton de Matos as the head coach of the India U-17 team for the FIFA U-17 World Cup scheduled to be held in October this year. A former manager with the Benfica Reserve side, De Matos replaces Nicolai Adam, who was forced to resign under controversial circumstances after a revolt from the players. De Matos had earlier met the AIFF Advisory Committee comprising former India captains Bhaichung Bhutia and IM Vijayan apart from Sports Authority of India (SAI) DG Injeti Srinivas for a round of interviews. He also met AIFF president Praful Patel in Mumbai yesterday for a final round before the parent body zeroed in on him. He has had five appearances for the Portugal national side. Welcoming De Matos, Patel said: “Its nice to have De Matos on board. His experience of handling youth teams will come in handy for the U-17 boys as we wish to leave no stone unturned to field a competitive team in the U-17 World Cup. I expect him to guide our boys to put up a strong performance in the World Cup.” The 63-year-old coach thanked AIFF for making him a “part of the project.” “My role will be to orchestrate everything wherein the players will be playing their part,” he told the AIFF Committee. “I admire AIFFs vision and the U-17 World Cup will act as a base for development of Football in India. The players need to believe in themselves to do something special for the Country,” he stated. “I do have an Indian connection as my great grandfather was born in Goa,” he informed. “I will retain the positives of the last two years as we move forward,” he maintained. PTI KHS ATK ATKadvertisementlast_img read more

Sarri stirs Chelsea just in time to set up Man City final date

first_imgMaurizio Sarri has blocked out his critics as his public barbs towards his own players did the trick in lighting a fire to get past Tottenham in the Carabao Cup semi-final at Stamford Bridge.There was talk of Sarri playing with fire as he risked a revolt upon saying his stars were “extremely difficult to motivate” after their 2-0 defeat to Arsenal, but his boys looked behind him as they got their deserved win over two legs.Eden Hazard himself was singled out, and he put in a man of the match display to lead his side passed their fiercest rivals on Thursday night, but it took penalties to deny Mauricio Pochettino his latest chance at silverware. Article continues below Editors’ Picks Man Utd ready to spend big on Sancho and Haaland in January Who is Marcus Thuram? Lilian’s son who is top of the Bundesliga with Borussia Monchengladbach Brazil, beware! Messi and Argentina out for revenge after Copa controversy Best player in MLS? Zlatan wasn’t even the best player in LA! Both managers have yet to win a major honour but it will be the Italian who will get his chance against a powerful Manchester City side in February.Eric Dier and Lucas Moura missed as Kepa Arrizabalaga got his moment in the spotlight, with David Luiz getting the winning penalty in front of the Matthew Harding End and his club’s most hardcore fans.It was built on the 60-year-old’s word as he got the blistering start he was after, and his criticised midfield’s domination showed they can shut their critics up, too.N’Golo Kante and Jorginho ran the show against Pochettino’s side, who were 1-0 up after a Harry Kane penalty going into the second leg at Stamford Bridge.The France international would hit back over doubts that he is not good going forward as he struck home his fourth goal of the season, reaching his total for his last three seasons in English football combined.Hazard picked up the ball in midfield and linked up with Pedro, before Azpilicueta’s first time cross found the Belgian superstar to make it 2-0. Sarriball was back at its fluid best.It was an outstanding display from Hazard, who left the false 9 position to play in his preferred left wing spot and it was a masterclass in wing play him with his dribbling and crossing being the biggest threat on the night.However, after what was a dismal half for an overly aggressive Tottenham side, they came out with more composure and attacking threat in the second half.A front three of Fernando Llorente, Christian Eriksen and Erik Lamela clicked into gear and, the Spain international who was targeted by Chelsea under Antonio Conte, struck back to make it 2-2 on aggregate.It must be said that the absences of Harry Kane, Dele Alli and Son Heung-min were a big miss, as the trio had six of their side’s eight goals in the competition ahead of kick off.Chelsea and Spurs slogged it out with an atmosphere equivalent to these two sides’ “Battle of the Bridge” match, where a Hazard equaliser took title hopes away from the North Londoners and crowned Leicester City champions.There were penalty shouts, yellow cards and Gonzalo Higuain got to witness it first hand after being unvelied to the crowd ahead of kick off.Higuain still looks like he could be the final piece in the puzzle as Giroud wasn’t one of the star performers on a freezing cold night in the London derby. His last minute header wide perhaps shows the need for the new arrival from Serie A.Anything less than a Chelsea win over two legs would have been harsh on Sarri, who not only used his system to earn a chance at his first trophy but also his man-management ability, as his words were heard by a dressing room that has seen off more managers than most.last_img read more

RED’S BURRITOS BEGINS PRODUCTION IN NORTH SIOUX CITY

first_imgRed’s All Natural Frozen Burritos are the latest product to be manufactured in Siouxland.Michael Adair, is Red’s founder and C-E-O of the Franklin, Tennessee company that has moved its manufacturing operations to North Shore Drive in North Sioux City:Audio Playerhttp://kscj.com/wp-content/uploads/2017/05/REDS.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC………..lease in December. ;26Adair says Red’s markets a variety of frozen products, including burritos, bowls, enchiladas and taquitos, some of which are organic, dairy-free and gluten-free:Audio Playerhttp://kscj.com/wp-content/uploads/2017/05/REDS1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC…for us. :11The transition should be completed within 12 weeks with Red’s employing around 40 people locally.The company launched after Mike enjoyed his wife’s homemade burritos one evening in 2009 and decided to make them available for everyone to enjoy.Mike named the company after his dog, Red.last_img read more

a month agoReal Madrid coach Zidane praises Areola for winning debut

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid coach Zidane praises Areola for winning debutby Carlos Volcanoa month agoSend to a friendShare the loveReal Madrid coach Zinedine Zidane praised Alphonse Areola after victory over Osasuna.The on-loan PSG goalkeeper kept a clean sheet on debut for the 2-0 win.Zidane said, “He is a member of the squad, he played tonight and did well. We’re happy that the players who played tonight have done well. He has shown that we can count on him. He was always been on the move, dynamic and looked good and communicated well with his teammates.“It’s not that there is a plan A, B or C. I have 25 players who work hard, train well and want to play. Tonight they had the opportunity to show that they are up to playing here. People may think we took risks, but I think we have players at a top level playing at Real Madrid.” last_img read more

Weekly Traffic Advisories

first_img Local area office: 902-625-4200 Fax: 902-625-1946 CUMBERLAND COUNTY: Highway 104 There will be one-lane closures on Highway 104 from the CobequidPass Toll Plaza extending 11.6 kilometres west until Friday, Aug. HANTS COUNTY: Highway 101 The speed limit at the St. Croix interchange at Exit 4 is reducedto 80 km/h until further notice, while bridge and road are underconstruction. Local area office: 902-533-2771 Fax: 902-533-4352 Local Area Office: 902-424-4670 Fax: 902-424-7116 PICTOU COUNTY: Durham Bridge The Durham Bridge in Pictou will be closed for repairs fromMonday, Aug. 16 to Friday, Aug. 20. The closure will be in affect 24 hours a day. Motorists areadvised to detour by taking West River Road (Route 376) and WestRiver East Side Road. Local Area Office: 902-542-6344 Fax: 902-542-6342 CONTINUING WORK CAPE BRETON COUNTY: Route 305 Route 305, Seaview Drive, will have occasional lane closuresuntil Thursday, Sept. 30 while the Leitches Creek Bridge isreplaced. Work will take place weekdays between 7 a.m. and 5:30 p.m. Traffic control persons will be in place when necessary. Local area office: 902-485-5254 Fax: 902-485-7047 Local area office: 902-563-2518 Fax: 902-563-2517 HALIFAX REGIONAL MUNICIPALITY: Highway 102 The Highway 102/Trunk 2 Interchange, at Exit 5 near Fall River,will have lane closures until Friday, Oct. 1. Road crews will becarrying out interchange improvements between 6:30 a.m. and 7:30p.m. daily. -30- INVERNESS COUNTY: Route 395 Route 395, north of West Lake Ainslie Road to Trout Brook Bridge,will have lane closures until Sunday, Oct. 31 for repaving andbridge work. Work will take place between 6 a.m. and 9 p.m.weekdays. Traffic will be controlled by traffic control persons. Local area office: 902-752-6224 Fax: 902-755-7184 COLCHESTER COUNTY: Highway 104 Highway 104 will have intermittent lane closures for repavinguntil Thursday, Sept. 30. Work is being carried out west of Exit17, near Valley Cross Roads and easterly to the Manganese MinesOverpass. Traffic in eastbound lanes will be affected and lanewidths will be reduced in the Exit 17 area. Work will take placefrom 6:30 a.m. to 8:30 p.m. daily. Traffic control will consist of signage. Motorists are asked touse extra caution while travelling in this area. Local Area Office: 902-679-6122 Fax: 902-679-6187 Local Area Office: 902-835-2702 Fax: 902-835-1860 Local area office: 902-527-5448 Fax: 902-527-5371 GUYSBOROUGH COUNTY: Trunk 7 There will be intermittent one-lane closures on Trunk 7 untilSunday, Oct. 31. The closures will be in effect from 1.3kilometres west of Liscomb River to the MacKinley Point Loop Roadat Spanish Ship Bay. Work will take place from daylight to dark, Monday to Friday,with some weekend work. HANTS COUNTY: Elmsdale Bridge Elmsdale Bridge on Trunk 2 between Elmsdale and Lantz is closeduntil September. A detour is available around the bridge. Trafficcontrol consists of a detour sign. The closures will affect traffic in the westbound lanes only and there will be one lane open at all times. CUMBERLAND COUNTY: Trunk 6 There will be one-lane closures on Trunk 6, between the town lineat Amherst East and Ripley Loop until Tuesday, Aug. 31. Repaving work will be carried out between 6:30 a.m. and 7:30 p.m.weekdays. Traffic control persons will be in place. Local area office: 902-667-6586 Fax: 902-667-3424 INVERNESS COUNTY: Highway 105 Highway 105, west of River Denys Mountain Road and extending fourkilometres east, will have one-lane closures for repaving untilSunday, Oct. 31. Work will be from 6 a.m. to 9 p.m. weekdays.Traffic control will be in place. Local Area Office: 902-883-9789 Fax: 902-883-8732 Local area office: 902-798-5957 Fax: 902-798-2927center_img INVERNESS COUNTY: Trunk 19 Trunk 19, north of River Denys Mountain Road to north of SandyGillis Bridge, will have occasional lane closures for repavinguntil Sunday, Oct. 31. Work will take place from 6 a.m. to 9 p.m.Traffic control will be in place. CAPE BRETON COUNTY: Trunk 4 There will be periodic lane closures on three kilometres of Trunk4 near Middle Cape until Wednesday, Nov. 10. Repaving will takeplace west of Breac Brook Bridge to the top of the hill in MiddleCape, from 7 a.m. to 7 p.m. daily. Traffic control will consistof a pilot vehicle. Motorists can expect delays and are advised to use alternateroutes where possible. COLCHESTER COUNTY: Highway 102 Two sections of Highway 102 will have intermittent lane closuresuntil Tuesday, Aug. 31. Traffic travelling in northbound laneswill be affected periodically while repaving work is carried out.Work will take place daily between 7 a.m. and 8 p.m. Section one begins 1.3 kilometres north of Commo Road, nearStewiacke, and stretches 5.3 kilometres to Shortts Lake RoadMultiplate, near Brookfield. Section two begins from the north side of Robie Structure, nearTruro, and stretches 3.4 kilometres to the intersection ofHighway 102 and Highway 104. Traffic control will consist of signage. Motorists are asked touse extra caution while driving in these areas. HALIFAX REGIONAL MUNICIPALITY: Highway 103 Blasting will take place on Highway 103, at exits 3 and 4,between 9 a.m. and 3:30 p.m., until September. Both eastbound andwestbound motorists may experience short delays. Traffic will becontrolled by traffic control persons. Local area office: 902-533-2771 Fax: 902-533-4352 NEW WORK GUYSBOROUGH COUNTY: Gorman Bridge The Gorman Bridge in Cameron Settlement will be closed formaintenance until Friday, Aug. 20. Motorists are advised to takealternate routes. GUYSBOROUGH COUNTY: Trunk 16 Trunk 16, between Boylston and Guysborough, will haveintermittent lane closures for repaving until Sunday, Oct. 31. Work will take place from daylight to dark, Monday to Friday,with some weekend work. Local area office: 902-863-3420 Fax: 902-863-7365 Local area office: 902-625-4200 Fax: 902-625-1946 Local Area Office: 902-485-5254 Fax: 902-485-7047 PICTOU COUNTY: Carmichael Road Toney River Bridge on Carmichael Road in Pictou County is closeduntil further notice. Traffic control consists of signage. Adetour is available on Popular Hill Road and Meadowville StationRoad. Local area office: 902-893-5784 Fax: 902-896-2259 KINGS COUNTY: Highway 101 Overpass Motorists are asked to use caution on Highway 101 near theColdbrook Exit 14 until Friday, Aug. 20. Both lanes on thehighway are now open but road crews will still be in the areacompleting guardrail work. Local area office: 902-667-0366 Fax: 902-667-3424 Local area office: 902-794-5120 Fax: 902-794-5141 PICTOU COUNTY: Route 347 There will be periodic one-lane closures on Route 347 betweenThorburn Road and MacPherson’s Mills Bridge from Monday, Aug. 16to Thursday, Sept. 30. Repaving work will be carried out between 6 a.m. and 8 p.m. Repaving will be carried out between 7 a.m. and 7 p.m. weekdays. CUMBERLAND COUNTY: Route 209 Route 209, from North Greville Road westerly, will be reduced toone lane until further notice for ditching and repaving work.Work will take place between 6 a.m. and 7 p.m. weekdays. Trafficcontrol will consist of traffic control persons. Local area office: 902-625-4200 Fax: 902-625-1946 KINGS COUNTY: Simpson Bridge Simpson Bridge on Gaspereau River Road is closed for majorrepairs. A detour is available. Traffic control consists ofsignage. Local area office: 902-625-4200 Fax: 902-625-1946 INVERNESS COUNTY: Highway 104, Port Hastings Rotary The Port Hastings Rotary on Highway 104 will have lane closuresuntil Sunday, Oct. 31. Road crews will be carrying out repavingwork between 7 p.m. and 7 a.m. weekdays. Traffic control personswill be in place. LUNENBURG COUNTY: Mill Brook #1 Bridge The Mill Brook #1 Bridge on the Leville Road in New Ross will beclosed to loads wider than 3.5 metres (11 feet), between Monday,Aug. 16 and Friday, Aug. 27. One lane will also be closed. Road crews will be carrying out bridge rehabilitation between 7a.m. and 7 p.m. weekdays. Local area office: 902-893-5784 Fax: 902-896-2259last_img read more

Archery in Schools Program Targets Youth Inactivity

first_imgAn ancient sport may hold the key to helping more students get the point about the importance of being active. The Department of Education, in partnership with the National Archery in Schools Program, will be offering archery as part of the high school physical education program starting with 10 pilot schools in Nova Scotia, beginning in September. The program, which is gaining popularity around the world, also aims to better engage students in their learning, build self-confidence, and instill a life-long passion for the sport. “We all want to see our students more active and more interested in sport. I believe including archery in our physical education program will be a significant benefit to students,” said Education Minister Karen Casey. As a physical activity, the sport builds strength, improves concentration and develops fine motor skills. Teachers also report that attendance is higher on days when archery is taught and students say they enjoy school more. Other positive spinoffs include improved student behaviour and, in some cases, better grades. “Archery is a great sport that engages all students, regardless of gender or physical ability,” said Roy Grimes, executive director and co-founder of National Archery in the Schools Program. “It gives young people a wonderful opportunity to develop discipline, exercise their minds and bodies, and have fun learning a lifetime sport.” Mr. Grimes is in Halifax this week training active healthy living consultants; sport animators; and physical education teachers, who will deliver the program in Nova Scotia schools this fall. It will be the first time the program is offered in Canadian schools. The not-for-profit organization is providing the archery equipment and training free to the province’s pilot schools. Archery is one of safest school sports, safer than any ball sport, according to the National Safety Council in the United States. The sport is done in the school gym, using specially designed safety nets that prevent arrows from passing through. The National Archery in Schools program is currently offered at 3,800 schools in 42 U.S. states and Australia. More than 2.3 million students have participated in the program since its inception five years ago. “Our goal ultimately is to get more young people engaged in lifelong activities, said Natalie Flinn, the Department of Education’s active healthy living consultant. “I think this program will inspire many youth to take up these kinds of pursuits beyond school.” The National Archery in the Schools Program was created in Kentucky in March 2002. The program trains teachers on target archery, who in turn, teach their students the skill. “I am so excited about teaching this to my students,” said Amanda Maynard, a physical education teacher from Forest Heights Community School in Chester Basin. “I know they are all going to love it.”last_img read more

More Flexibility for Boxing Authority

first_imgChanges to the Boxing Authority Act introduced today, March 1, will modernize financial oversight and align practices with the Nova Scotia Boxing Authority. Specifically, the changes will allow any generated revenue to be invested in programming that fits within the authority’s mandate such as safety in combat sports. The act currently requires all revenue by the authority to flow directly to the province. The authority will also be able to choose its own auditor on an annual basis. Currently there is a requirement for the auditor general to audit the authority. The Nova Scotia Boxing Authority works within the province to support and regulate athletes, managers and promoters participating in both amateur and professional combat sports. This includes sports such as boxing, muay thai, kickboxing and mixed martial arts. -30-last_img read more

Robber beaten to death after scuffle

first_imgNEW DELHI: A 26-year-old man who had 17 cases against him including snatching, robbery, Arms Act was beaten to death by a family after he got into a scuffle with them over open urination.The deceased identified as Sanjay alias Lilu started thrashing a 65-year-old man Man Singh allegedly for openly urinating near Nehru Camp jhuggi. This enraged the family members of Man Singh and soon they too got into a scuffle with him on Sunday midnight. They thrashed Leelu near the jhuggi. In the meantime, Man Singh’s sons came there in defence of their father and Man Singh’s son Ravi assaulted Leelu with a cement slab which hit him on his chest and he got injured. He was rushed to the hospital but was declared brought dead. Police was soon informed about the incident. “Deceased Leelu (27) is previously involved in 17 cases of snatching, robbery, hurt and Arms Act. The first case is of the year 2009 of Arms Act and the last case is of 2017 of theft and snatching. The involvements are from the area of Govindpuri and Okhla,” said DCP South East Chinmoy Biswal.last_img read more

Solskjaer dismisses Paul Pogba speculation as agents talking

first_imgPerth: Manchester United manager Ole Gunnar Solskjaer on Wednesday dismissed speculation that Paul Pogba is to leave Old Trafford, saying there had been “no bids” for the midfielder and “agents talk all the time”. The 26-year-old World Cup-winner’s future has overshadowed United’s pre-season tour since they arrived in Perth on Monday, with Real Madrid and Juventus rumoured as possible destinations. Mino Raiola, Pogba’s agent, told UK radio station talkSPORT on Tuesday that “everyone knows the willingness of Paul to move on”. Also Read – Dhoni, Paes spotted playing football togetherBut Solskjaer, who took the reins from Jose Mourinho last December, said it was “business as usual” and warned the club were under no pressure to offload Pogba, or anyone else. “There are no bids for our players. Agents talk all the time. We are Manchester United, we don’t have to sell players,” he said at a press conference after training ahead of matches in the Western Australia city against Perth Glory on Saturday and Leed United on Tuesday. “When you’re at Manchester United you expect all these things to pop up in the summer.” Footage on social media Tuesday suggested Pogba and teammate Jesse Lingard had clashed on the trip, but Solskjaer said there had been no dust-up and that the Frenchman had been on the end of unfair press treatment. “With Paul, it looks like it’s going to be a media, I don’t want to call it, but it’s an agenda against Paul,” he said.last_img read more

As Gurugram reels under water crisis private water tankers make a killing

first_imgGurugram: As the shortage of water supply becoming a recurrent problem in the Millennium city, the private water tankers are making money from the residents by taking advantage of the prevalent water crisis. Even as there are frequent complaints of private water tankers charging exorbitant sums, most of the city residents are forced to pay the monetary sum because of having no water supply in their households. The problem of shortage of water supply and low pressure of water is being faced by the citizens frequently during the peak summer seasons of May and June. Also Read – After eight years, businessman arrested for kidnap & murderHowever, this year large parts of the city are facing with water crisis from April itself due to developmental works and shifting of water pipelines happening in the city. Most of the troubled residents have highlighted that most of the private tankers are charging around Rupees one thousand to one thousand five hundred for filling just one water tanker. There have also been complaints that most of the private tankers do not fill the complete tanker by citing a shortage of water. Also Read – Two brothers held for snatchingsLarge parts of the city like Sector 22, 23, 56, 54, Sushant Lok, South City and phases of DLF have been facing water crisis for a long time. “Over the years the tanker mafia has only strengthened in the city. It is only expected to strengthen further with no emphasis paid by public agencies towards enhancing the water supply infrastructure in the city. The peak summer seasons of May and June results in water crisis across different parts of the city. Breakages of water pipelines and lack of power to the electric pumps are some of the major factors towards the water crisis in the city. Amid all this the business of private tankers has only propagated in the city,” said Ravinder Yadav resident of Sector 22. “Today even as many residents know that they are being fleeced by the private tankers they cannot do anything about it because water is important to them. On various occasions most of the private tankers harass the residents by not coming at all and filling half the tankers and getting away with it,” added Yadav.last_img read more

Closing Bell TSX climbs amid falling commodities strong US manufacturing data

TORONTO — The Toronto stock market closed higher Monday as the latest manufacturing data pointed to continued recovery in the American economy even though U.S. Thanksgiving holiday sales were mixed.Here are the closing numbersTSX — 13,419.57 +24.17 0.18%S&P 500 — 1,800.90 -4.91 -0.27%Dow — 16,008.77 -77.64 -0.48%Nasdaq — 4,045.26 -14.63 -0.36%The S&P/TSX composite index climbed 24.17 points to 13,419.57, while the Canadian dollar hovered near levels not seen since June 2010. The loonie closed down 0.18 of a cent at 93.98 cents U.S.Wall Street indexes were lower, as the Dow Jones industrials pulled back 77.64 points to 16,008.77, the Nasdaq dipped 14.63 points to 4,045.26 and the S&P 500 index fell 4.91 points to 1,800.90.The Institute for Supply Management reported that factories increased production and hiring amid a large number of new orders last month. Its index of manufacturing activity rose in November to 57.3 from 56.4 in October and was the highest since April 2011. A reading above 50 indicates growth.Jennifer Dowty, an associate portfolio manager with CIBC Global Asset Management, said the latest reading was “continued evidence” that the U.S. economy is steadily recovering.Meanwhile, economic news from China was also positive, with the HSBC purchasing managers’ index for November coming in at 50.8. Although the reading was down slightly from 50.9 in October, it was still the second-highest level in eight months and an improvement from a preliminary reading of 50.4 released earlier last month. Typically, numbers above 50 indicate an expansion.Investors in the U.S. returned after a lacklustre Friday session, which was shortened due to the Thanksgiving holiday.A survey with 4,500 shoppers conducted for the National Retail Federation found that total spending over four-day Thanksgiving holiday weekend was expected to fall for the first time since 2006. But figures for Cyber Monday forecast that 131 million people were going to shop online, up about 2% from last year.Dowty said U.S. investors are wary of making major moves until the latest payrolls data is released on Friday, which may provide more hints about whether the Federal Reserve will decide to cut back its US$85 billion of monthly bond purchases at its next meeting on Dec. 18. The Fed’s stimulus has kept interest rates low and helped drive equities markets higher this year.The consensus is that the U.S. central bank will not begin to taper until the new year. But positive payroll figures, new home sales and the final revision to third quarter GDP, may have the potential to change the Fed’s mind.In corporate news, Talisman Energy Inc. (TSX:TLM) says two representatives of activist investor Carl Icahn will join its board.One of Icahn’s representatives will sit on the board committee searching for a successor to Hal Kvisle, who plans to step down as Talisman’s president and chief executive next year. Icahn revealed through regulatory documents in October that he had acquired about 6% of Talisman’s stock and has since increased his holdings to about 7%.Last month, Talisman announced it would sell 75% of its assets in northeastern B.C.’s Montney formation to Progress Energy Canada Ltd., a subsidiary of Malaysia’s Petronas, for $1.5 billion. Shares rose 4.18% or 52 cents to $12.95.The Toronto Stock Exchange saw gold, materials and metals and mining all decline. The gold sector was the leading decliner, dropping 4.93% as February bullion fell $28.50 to US$1,221.90 an ounce.Shares in the one of the world’s largest gold companies, Barrick Gold (TSX:ABX), fell more than 6%, or $1.07 to $16.54 following reports that founder Peter Munk plans to soon step aside as co-chairman. The company refused to comment Monday, except to say it will provide an update later this week.Dowty said gold prices will likely continue to feel pressured.“The U.S. economy is steadily recovering and gold, being a safe haven, is not a place that investors need to be right now,” she said.Other commodities were mixed as the January crude contract on the New York Mercantile Exchange climbed $1.10 to US$93.82 a barrel as the sector saw an uptick of 0.62%. The metals and mining sector on the TSX fell 1.90% as March copper dropped two cents to US$3.18 a pound.It’s going to be a heavy earnings week as the country’s major banks report fourth-quarter and full-year results, with the Bank of Montreal (TSX:BMO) kicking it off on Tuesday.Meanwhile, traders will also watch an announcement by the Bank of Canada on Wednesday on whether its trend-setting rate remains at 1%, where it’s been since late 2010.TOP STORIESBlackBerry ‘here to stay,’ CEO assures enterprise customers in open letterGood times set to keep on rolling for Canada’s biggest banksBarrick Gold to name John Thornton next chairman on WednesdayAmazon is testing drones that will deliver packages to your door in 30 minutesCanadian dollar tumbles to two-year low of 94¢Talisman Energy strikes deal to put two Carl Icahn-backed reps on boardWHAT’S ON DECK TUESDAYCORPORATE NEWSCANADABank Of Montreal Q4 earnings: Analysts expect $1.57 a share read more

McDonalds workers in 3 states file lawsuits over pay practices allege wage

by Candice Choi, The Associated Press Posted Mar 13, 2014 11:53 am MDT A McDonald’s Big Mac sandwich is photographed at a McDonald’s restaurant in Robinson Township, Pa., Tuesday, Jan. 21, 2014. (AP Photo/Gene J. Puskar) AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – McDonald’s workers in three states filed lawsuits against the fast-food chain this week, saying the company engages in a variety of illegal practices to avoid paying them what they’re owed.The suits in California, Michigan and New York against McDonald’s Corp. and its franchisees come amid growing attention on the country’s wealth disparities. While the type of violations outlined in the suits aren’t specific to McDonald’s, lawyers said they targeted the company because it’s an industry leader.Taken together, the suits seeking class action status could affect roughly 30,000 workers, lawyers said during a conference call arranged by organizers of the recent fast-food protests. They seek back pay and other damages.The announcement of the suits came on the same day that President Obama directed the Labor Department to devise new rules that would expand the number of workers eligible for overtime pay. The White House, Democratic lawmakers and labour organizers have also been pushing to raise the federal minimum wage to $10.10 an hour, which translates to roughly $21,000 a year for full-time work. The current federal minimum wage is $7.25 an hour, or $15,000 a year.McDonald’s, based in Oak Brook, Ill., said in a statement that it is investigating the allegations and will take any necessary actions.“McDonald’s and our independent owner-operators share a concern and commitment to the well-being and fair treatment of all people who work in McDonald’s restaurants,” the company said.The lawsuits detail a range of violations, including the use of company software that monitors the ratio of labour costs as a percentage of revenue. When that ratio climbs above a target, attorneys in Michigan said workers were forced to wait around before they could clock in. Workers in the state also were forced to pay for their own uniforms, which lawyers said reduced their already low wages.In California, the violations cited included altered pay records and the denial of rest breaks. In New York, lawyers said McDonald’s failed to reimburse workers for the cleaning of their uniforms in violation of state law.The lawsuits target both franchise- and company-owned restaurants. McDonald’s Corp. is named in all the suits, along with franchisees in some, because lawyers say the company exerts control over staffing at all its locations.“There are a number of ways the two seem to work together,” said Joseph Sellers, one of the attorneys representing workers.The vast majority of the more than 14,000 McDonald’s restaurants in the U.S. are owned by franchisees.The workers named in the suits were referred to attorneys by the organizers of the recent fast-food protests that called for pay of $15 an hour. The Service Employees International Union has been providing financial and organizational support to that campaign, which has gained national media attention over the past year or so.A representative for BerlinRosen, the public relations agency co-ordinating media efforts for both the fast-food protests and the lawsuits, said the timing of the announcement on the same day as Obama’s overtime proposals was coincidental.One of the suits was filed in New York, two were filed in Michigan and three were filed in California. An amendment to an existing lawsuit in California was expected to be filed Thursday.___Follow Candice Choi at www.twitter.com/candicechoi McDonald’s workers in 3 states file lawsuits over pay practices, allege ‘wage theft’ read more

September growth secures 2003 total

September new car registrations climb 1.5 per cent to 439,365 units Private registrations surge up 4.1 per cent taking 51 per cent of the market Diesel registrations remain steadfast, growing for the 36th successive month Commenting on the new car registrations data, SMMT chief executive Christopher Macgowan said, ‘As the outlook for consumer spending remains uncertain, the growth in new car registrations demonstrates the strength of confidence in the UK market. ‘Private buyers accounted for over 50 per cent of registrations in September, snapping up the new ’53’ number plate and taking advantage of great deals offered by franchised dealers. As competition in the UK market intensifies and prices continue to fall, consumers are clearly benefiting and driving the market towards a healthy year-end total’, he continued. Notes to editors 1. New car registrations in the UK are expected to reach 2.52 million units in 2003, 120,000 units up on the initial January outlook. This will make 2003 the second highest annual market on record. In 2002 registrations reached 2,563,631 units and 2,458,769 in 2001.2. The September market is the largest single monthly market accounting for around 17 per cent of total annual registrations. 2003 saw the second highest September on record at 439,365 units, up on 2002’s 432,661 units but slightly below 2001’s record 443,265 units. September 2003 The attached tables show the registration figures for Great Britain, Northern Ireland, The Isle of Man and the Channel Islands in detail. Top performers by range and UK penetration figures are also listed. Providing the SMMT is acknowledged as the source of this information, the figures may be quoted. Substantial reproduction needs specific approval by the SMMT.For comments and analysis, please click on the link belowDownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more

Great PFS for PAK lithium project in Ontario

first_imgFrontier Lithium has released the results of a PFS for the PAK lithium project located approximately 175 km north of Red Lake, Ontario, Canada.The results of the PFS include a pre-tax NPV at an 8% discount rate of $448 million with a pre-tax IRR of 46.5% and a post-tax NPV at an 8% discount rate of $301 million with a post-tax IRR of 38.3%.Highlights from the PFS, with the base-case premium technical grade lithium concentrate of 7.2% Li2O (TG_SC7.2) price of $1,250/t, chemical grade lithium concentrate of 6.6% Li2O (CG_SC6.6) price of $750/t and an exchange rate of US$1.25/C$, are as follows (all figures in Canadian dollars unless otherwise stated):• Life of Mine Revenue is $1,859 million• Pre-production Capital is $147 million with a contingency of 10% included within the initial capital. Pre-production is for a two-year period.• Sustaining Capital $37 million for the Life of Mine (LOM)• Pre-tax NPV (8% discount rate) of $448 million and internal rate of return of 46.5%• Post-tax NPV (8% discount rate) of $301 million and internal rate of return of 38.3%• Pre-tax Cash Flow of $1,013 million over 16 year LOM• Post-tax Cash Flow of $700 million over 16 year LOM• Positive Cash-flow is realized in year 2 of production• 5.8 Mt of mill feed averaging a combined 2.00% Li2O• 11.5 year open pit operation, 4.5 year underground operation• Mill operates at average tonnage of 1,090 t/d• Total production of 1.14 Mt of technical grade concentrate of 7.2% Li2O• Total production of 115,500 t of chemical grade concentrate of 6.6% Li2O.“The compelling PFS results display the PAK lithium project’s ability to firstly become a high margin, low cost producer of a unique premium low-iron spodumene concentrate which is in very high demand by the global lithium market. In addition, an additional by-product output of chemical grade concentrate is produced which could also be further upgraded as required by the lithium battery market” comments Trevor Walker, President and CEO of Frontier Lithium.“Despite the strong PFS results, I see room to further optimize the resource and engineering designs and have already transitioned to feasibility level work. This significant milestone also sets the path forward to strategically expand the resource, support ongoing lithium compound testwork, progress our discussions with potential offtake, as well as furthering collaboration agreements with our neighboring First Nation communities.”last_img read more

Column I cant bear to look into someones eyes and tell them

first_imgMY ROLE AS a doctor is to make it possible for Andile to play football again.He used to train three times a week in Khayelitsha, one of the largest townships in South Africa – miles and miles of little box-like brick houses interspaced with tin shacks on the edge of Cape Town. As he puts it, he was the type of player who doesn’t waste himself running aimlessly after the ball; he, rather, analysed the game to make decisive passes that led his team to a victory. But today, what Andile wishes above all is to be able to run, even aimlessly – to feel his heart beat hard against his chest, to feel his lungs explode from the hard-won efforts of playing a game.But he can’t walk 10 metres without having to bend over to catch his breath. His lungs are so weak that he can’t even laugh. Tuberculosis has devoured them.One of humankind’s most vicious enemiesTB is a very old disease. It used to be called phthisis, or consumption, and killed George Orwell and Anton Chekhov, Franz Kafka and John Keats, Simon Bolivar and Frédéric Chopin. Even today, TB kills 1.5 million people every year and ranks right behind HIV as the largest infectious killer worldwide. But since it all but disappeared in most of the richest parts of the world half a century ago, developments in new TB treatments ground to a halt. This has allowed plenty of time for one of humankind’s most vicious enemies to develop ways to beat the defences that were engineered to fight it.Today, nearly half a million people across the globe are infected by strains of tuberculosis against which existing drugs are powerless. In South Africa, the country where I work, 15,000 people were diagnosed as having drug-resistant TB in 2012. The huge majority of them (up to 80 per cent) caught it by unknowingly breathing it.When they become ill they come see me, their doctor, asking that I fix them. At those moments, I wish I had chosen to become a school teacher or a city planner or an engineer – surely these are able to make a bigger difference in people’s lives than me.Because as a doctor, what am I to tell my patients? That yes, we just celebrated the cure of 30-year old Siyabulela, but that he is only my fourth patient to beat extensively drug resistant tuberculosis (XDR-TB), a disease that jumps to its next victim every time someone infected sneezes. The three other people who started the same treatment for the same disease at the same time are long dead.Their survival is down to the roll of a diceI can’t bear having to look someone in the eyes and tell them that I cannot give them better odds of survival than a roll of a dice. Roll a six, you’ll live. If not, you’ll be dead within two years. In South Africa, only 13 per cent of XDR-TB patients get cured with the current treatment regimen.And then I have to tell them, in order to try for that slim shot at survival, you’ll have to endure a harrowing two years of treatment. For at least the first six months, you’ll get daily injections that hurt so much that you can’t sit down – and the very same drugs we’ll be injecting you with could also make you permanently deaf. My arsenal with which to tackle drug-resistant TB is so limited that another drug that I may be forced to prescribe might make you lose your mind, and bring on such acute psychotic episodes that you will be a danger to yourself.But, I have to explain to my patients, you’ll only know in two years if it was all worth it – that is, if you drew a six when you rolled that dice.I’m sick and tired of using plasters to patch up gaping wounds. Give me something I can really work with! Give me something that can save lives!They see my white doctor’s coat as a lifejacketWe need a brand new treatment regimen against TB. Treatment that actually works. Treatment that hasn’t been dredged up from the Dark Ages of modern medicine and re-used because, well, it’s better than nothing.But there is some hope on the horizon. For the first time in 50 years, new drugs are being developed to treat TB. They represent great strides forward, but they can’t be used in isolation. TB is so powerful that you need a full cocktail of drugs to beat it. The only way to catch up to the new face of this old disease is to find new combinations of drugs that are simple, accessible and more tolerable than current treatment and can be implemented rapidly in countries where DR-TB is rife.But by the time that dream is realised – in five, seven, 10 years? – 80 per cent of the patients I see every day, who see my white doctor’s coat as a lifejacket, will be dead and gone, forgotten by all but their devastated families in the poorest corners of the planet.We need governments, donors, pharmaceutical firms and research organisations to walk the extra mile, to help deliver new, shorter and more effective treatment combinations – giving people a chance at a cure, a chance at a life.You can show your support for this campaign by signing MSF’s “Test Me, Treat Me” DR-TB manifesto – developed by patients and doctors – here: msfaccess.org/tbmanifesto. The petition calls for universal access to DR-TB testing and treatment, better treatment regimens and adequate funding for these programmes.Please! Those of you who may have the power to turn this crisis around: save today the lives that otherwise will be lost by tomorrow.Dr Jennifer Hughes is a medical officer working for MSF in Khayelitsha, in collaboration with Department of Health and local stakeholders, to address the epidemic of drug-resistant tuberculosis. She trained in the UK but worked in the Eastern Cape of South Africa for two years before joining MSF in Khayelitsha four years ago.Read: ‘Extensively drug-resistant’ tuberculosis on the rise worldwidelast_img read more

Adams hits back at hurler on the ditch Martin over Sinn Féin

first_img Share Tweet Email2 SINN FÉIN LEADER Gerry Adams has hit out at his Fianna Fáil counterpart Micheal Martin over the party’s Westminster abstentionism.After taking seven seats in the UK elections, Sinn Féin MPs will not take their seats in Westminster, continuing the party’s policy of not taking an oath of allegiance to the British monarch.However, with the DUP now holding the balance of power, Martin said that stance was letting the Northern Irish electorate down.According to Independent.ie, Martin accused the party of “refusing to take part”.“It shows a party that is just focused on the election and on count day. But beyond count day they are not taking part in governance.”“It is illogical.”But Adams has hit back at those comments, saying that Martin should instead focus on Fianna Fáil’s presence in the North. Source: PA Wire/PA ImagesAdams described Martin as “a champion hurler on the ditch” and he called on the Fianna Fáil leader to end his party’s “abstentionism from the North of Ireland.”What kind of self-respecting Irish republican would ask anyone to ignore their electoral mandate and swear loyalty to the English Queen or legitimise the British Parliament’s role in Ireland?“When it comes to the North, the Fianna Fail leader is a champion hurler on the ditch. If they gave out all-Ireland medals for making zero effort on matters of importance to northern citizens, Micheál Martin would be an All Star every year.Sinn Féin stand in British general elections on an abstentionist platform. This is not a new policy. This position was once again resoundingly endorsed by the electorate on Thursday. The citizens of the North who voted for Sinn Féin had a choice of candidates. They supported Sinn Féin. By so doing they turned their backs on Westminster entirely.The DUP’s ten seats will be enough to give Theresa May a wafer-thin majority in the House of Commons. The two sides will discuss a deal early next week.Read: ‘I was clearly wrong’: How Jeremy Corbyn confounded expectations in the UK’s electionRead: May to hold cabinet meeting as she tries to overcome election backfire Saturday 10 Jun 2017, 7:59 AM http://jrnl.ie/3436819 31,428 Views Adams hits back at ‘hurler on the ditch’ Martin over Sinn Féin abstentionism “Sinn Féin stand in British general elections on an abstentionist platform. This is not a new policy.” Jun 10th 2017, 7:59 AM 144 Comments center_img Gerry Adams Short URL Gerry Adams Image: Niall Carson By Paul Hosford Image: Niall Carson Tweet thisShare on FacebookEmail this articlelast_img read more