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16 сентября, 18:10

Box Office: 'mother!' Bombs With $3M Friday, 'American Assassin' Nabs $6M

Kudos to Jennifer Lawrence's 'mother!' for becoming the best movie ever to receive an "F" from Cinemascore.

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15 сентября, 19:21

Britain reaps outsize benefits from the EU’s free movement

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AMONG the most contentious issues in negotiations over Brexit is the status of expatriates. Over 3m people from European Union (EU) countries outside the British Isles currently live in Britain, and around 1.2m Britons reside elsewhere in the EU.

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15 сентября, 11:55

EU chiefs need to 'take a wise-up pill' to avoid economic harm, warns Wetherspoon's Tim Martin

The leaders of the EU need to “take a wise-up pill” to avoid economic damage to the bloc and to prevent British companies deserting their European suppliers, according to JD Wetherspoon founder Tim Martin. The outspoken chairman hit out at European Commission president Jean-Claude Juncker, Europe’s chief Brexit negotiator Michel Barnier and MEP Guy Verhofstadt for purposefully obfuscating over a trade deal with the UK. Mr Martin warned that such a move would cause “further economic damage to struggling economies like Greece, Portugal, Spain and Italy”. "There seems to be little genuine appetite for a free-trade deal from the Brussels bureaucracy, so EU companies are, paradoxically, reliant on the goodwill of UK consumers, who are likely to prefer tariff-free goods in the future from non-EU countries, which are generally in favour of free trade, rather than deals with companies which are subject to the diktat of those who wish to punish the UK,” Mr Martin said, as he revealed the company's better-than-expected full year adjusted profits of £102m on the back of a strong 4pc rise in like-for-like sales. While he warned such posturing by the EU would “inevitably encourage importers like Wetherspoon to look elsewhere for supplies”, Mr Martin said he had not sought out potential substitutes for businesses in Europe which it buys products from. Wetherspoon shares The chairman claimed the perception of the dangers of Brexit to the UK economy were "misconstrued". "When you boil it down to brass tacks, we are the biggest customer for Kopparberg cider and we were selling more than in the whole of Sweden at one point," he said. "There has been a strong perception that the massive European gorilla can stretch its arm out and smack the UK but it is inaccurate if you look at individual circumstances." Mr Martin also pointed out the biggest selling product at the pub chain was Lavazza coffee, made in Italy, and that the European side in Brexit negotiations needed to be aware of the importance of UK consumers to European companies. Nearly all of Wetherspoon's wine comes from outside the EU too and Mr Martin said while this meant paying a tariff on it, the level didn't make it that much more expensive than European wine. Brexit supporters Boris Johnson, Michael Gove and Priti Patel behind the bar at a Wetherspoon pub during the EU referendum campaign The comments come as the pub company outperformed analyst expectations by delivering a 15pc rise in pre-tax profits to £76.3m in adjusted pre-tax profits on the back of revenues of £1.66bn for the 53 weeks to July 30. This was helped by like-for-like sales rising 4pc in the period. Shares in the company rose as much as 9pc to £11.35 on the back of the announcement. The company saw like-for-like bar sales rise by 3.1pc - slightly below the 3.3pc rate seen in 2016 but food sales jumped 5.7pc (2016: 3.5pc) as its breakfast offering continued to help attract customers. It's small hotel business also performed well and the company is likely to continue expanding this side of the business incrementally. Current trading has also been strong with like-for-like sales in the past six weeks up 6.1pc - a performance dubbed “hugely impressive” by Cenkos analyst Simon French given the 0.3pc drop for the wider market, according to Coffer Peach Tracker data on pubs. The company has been aggressively reducing the size of its estate though with 127 pubs closed or sold in the past two years and only 10 opened in the past 12 months, leaving it with 895 pubs. It expects to open between 10 and 15 pubs between now and next July. Elsewhere, debt rose by £45.5m to £696.3m on the back of spending on new pubs and expanding existing sites as well as the acquisition of freeholds and share buybacks. How to connect with us | Telegraph Business on social media

14 сентября, 16:31

Calgon Carbon (CCC) Wins $2.3M Water Treatment Contract

Calgon Carbon (CCC) inks a $2.3 million system supply deal with RC Foster Corporation for removal of 1,2,3-TCP from groundwater in the city of Chino, CA.

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13 сентября, 18:44

Sky chief executive's pay quadruples to £16m

Jeremy Darroch received nearly £12m from Sky’s long-term incentive plan and a near maximum bonus of £1.9mSky’s chief executive, Jeremy Darroch, was paid more than £16m in the year to the end of June, despite a hefty fall in annual profits at the broadcaster’s UK and Ireland business.Darroch’s total remuneration almost quadrupled year-on-year, from £4.6m in 2016 to £16.3m last year, thanks to a payout of nearly £12m under Sky’s long-term incentive plan. The scheme, which vests every two years, paid him a more modest £4.7m in 2015. Continue reading...

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13 сентября, 08:00

UK cities expected to get millions of pounds for green energy projects

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Ministers are thought to be planning to offer £3m for initiatives such as solar panels on social housingGreen energy projects run by cities and local authorities around the UK stand to receive millions of pounds of government support, providing another fillip for renewable power just a day after the subsidised price of windfarms hit a record low.The Guardian understands that ministers this autumn will offer more than £3m to help local leaders build low carbon initiatives, such as installing solar panels on social housing. Continue reading...

13 сентября, 03:44

StarKist to pay $6.3M in American Samoa wastewater case

The world’s largest supplier of canned tuna has agreed to pay a $6.3 million penalty for wastewater violations in American Samoa, the U.S. Department of Justice announced Tuesday.

11 сентября, 20:58

These Will Be the 15 Biggest U.S. Cities in 2046

In 30 years, Chicago will no longer be third-largest American city. Instead, this Texas metro will take its spot among the biggest U.S. cities.

16 августа, 19:55

Trump Disbands Advisory Councils As CEOs Flee; Pence Ends Foreign Trip Early

Update 3: According to the WSJ, Blackstone's Steve Schwarzman called Trump to tell him council was disbanding. Then Trump tweeted he was disbanding it. One of the councils had planned to disband after a conference call of its executives on Wednesday morning, a person familiar with the matter said. Mr. Trump’s tweet came after reports that council was disbanding. Blackstone Group LP Chief Executive Stephen A. Schwarzman, who led the Strategic and Policy Forum, phoned the president on Wednesday to inform him the group was being disbanded, according to people familiar with the call.   After the call, which was described as cordial, the president tweeted that it was his decision to disband that council. In that tweet, he also announced he was disbanding the manufacturing-advisory council. A White House spokesman declined to comment. * * * Update 2: Following its decision to disband, which took place even as two more CEOs from the mfg council - the chiefs of J&J and United Tech - were announcing their resignations. Trump's now defunct Strategy Council has just issued the following statement: "As our members have expressed individually over the past several days, intolerance, racism and violence have absolutely no place in this country and are an affront to core American values. The President's Strategic and Policy Forum was conceived as a bi-partisan group of business leaders called to serve our country by providing independent feedback and perspectives directly to the President on accelerating economic growth and job creation in the United States. We believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans. As such, the President and we are disbanding the Forum. Job creation and supporting an inclusive pro-growth agenda remain vitally important to the progress of our country. As Americans, we are all united in our desire to see our country succeed." Meanwhile, as noted earlier, VP Pence will end his visit to South America early and fly home on Thursday, after the latest Trump scandal which led to the dissolution of two of his key economic advisory councils following the riots in Charlottesville, Va. As AP reported previously, Pence will cut short his trip to South America, where he joined Chile President Michelle Bachelet for a joint press conference Wednesday on the political unrest in Venezuela.  The vice president defended Trump just days ago as Trump drew bipartisan criticism for his remarks following the violent events in Charlottesville, and may return in order to directly address critics and steady the administration after the dissolution of the American Manufacturing Council and Strategy and Policy Forum. * * * Update 1: With the CEOs within the various administration councils deciding to leave en masse, President Trump has tweeted over the top to give the appearance that he decided to shut them down: "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump wrote in a tweet. Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all! — Donald J. Trump (@realDonaldTrump) August 16, 2017 *  *  * As we detailed earlier, with CEOs dropping like flies from Trump's manufacturing councel, with 3M and Campbell Soup CEOs announcing they are out, CNBC reports that President Trump's Strategic and Policy Forum has agreed to disband.  The business advisory council is, or rather was, made up of top business leaders is separate from Trump's manufacturing council, which several business leaders left this week. The Strategic and Policy Forum, led by Blackstone CEO Steve Schwarzman, featured, among others: JPMorgan Chase's Jamie Dimon BlackRock's Larry Fink Wal-Mart's Doug McMillon IBM's Ginni Rometty "The thinking was it was important to do as a group," a member told CNBC. "As a panel, not as individuals because it would have more significant impact. It makes a central point that it's not going to go forward. It's done." Bloomberg confirms that Trump’s council of senior business leaders who advise on strategy and policy is disbanding, according to a person familiar with the matter. The executive council, which is led by Blackstone Group LP’s Stephen Schwarzman, planned to inform the White House Wednesday before making the announcement public, according to the person, who wasn’t authorized to discuss the matter publicly.   The strategy group is one of several the White House convened earlier this year to advise the president.   Several CEOs from a manufacturing council have quit this week, following blowback over Trump’s remarks about racially charged violence in Virginia on Saturday. This follows the mass exodus of CEOs, most recently 3M and Campbell CEOs. Inge Thulin, the chairman and CEO of 3M , on Wednesday announced his resignation from President Donald Trump's manufacturing council. "Sustainability, diversity and inclusion are my personal values and also fundamental to the 3M Vision. The past few months have provided me with an opportunity to reflect upon my commitment to these values," he said in a statement. "I joined the Manufacturing Jobs Initiative in January to advocate for policies that align with our values and encourage even stronger investment and job growth - in order to make the United States stronger, healthier and more prosperous for all people. After careful consideration, I believe the initiative is no longer an effective vehicle for 3M to advance these goals. As a result, today I am resigning from the Manufacturing Advisory Council. At 3M, we will continue to champion an environment that supports sustainability, diversity and inclusion. I am committed to building a company that improves lives in every corner of the world." And Campbell Soup Company CEO left shortly after: NEW: Inge Thulin, Pres. and CEO of 3M, resigns from Trump’s manufacturing council: “We will continue to champion...diversity and inclusion.” pic.twitter.com/914A2G2Z9z — ABC News (@ABC) August 16, 2017 They join Merck CEO Kenneth Frazier, Under Armour's Kevin Plank, Intel's Brian Krzanich, Alliance for American Manufacturing president Scott Paul and AFL-CIO president Richard Trumpka in exiting the council, which is headed by Dow Chemical CEO Andrew Liveris. Thea Lee, former deputy chief of staff of the AFL-CIO, said on Twitter she is quitting the council as well. Tesla's Elon Musk and Disney's Bob Iger in June dropped out of a strategic and policy forum to the president following his decision to withdraw the United States from the Paris climate accord. Since-ousted Uber CEO Travis Kalanick quit the council in February over employee backlash. As a reminder, President Trump tweeted yesterday: "For every CEO that drops out of the Manufacturing Council, I have many to take their place. Grandstanders should not have gone on. JOBS!" That remains to be seen, meanwhile VP Pence just made statement confirming he will be returning early from his LatAm trip: PENCE: WILL END TRIP A BIT EARLY AFTER PANAMA VISIT PENCE SAYS HE'S RETURNING TO U.S. TOMORROW FROM LATIN AMERICA ...

30 июня, 16:38

Chelsea agree £29m fee with Roma for Germany defender Antonio Rüdiger

• Centre-back expected to have medical next week• Chelsea announce signing of keeper Willy CabelleroChelsea have agreed a fee with Roma worth a potential €38m (£33.3m) for Antonio Rüdiger, with the Germany defender expected to fly to London next week to complete a medical.Roma had been holding out for €45m for a player they signed from Stuttgart last summer after he had impressed on a season-long loan. After rejecting Chelsea’s opening bid of €35m, Roma have accepted a package that means Chelsea pay an initial €33m (£29m) with an extra €5m (£4.3m) in bonus payments. Continue reading...

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29 июня, 16:55

These Hedge Funds Are Getting Slammed By The Rite Aid Deal Collapse

As noted earlier, the stocks of both Rite Aid and Fred's are tumbling this morning, after Walgreen's terminated its long-running merger agreement, instead opting to buy over 2,000 RAD stores outright. For those who missed it, here is pain trade for Fred's shareholders this morning... ... and Rite-Aid. However, besides regular retail and vanilla institutional investors, one class that is being hit especially hard on today's news are hedge funds, who according to Bloomberg own ~32% of Fred’s shares and ~26% of Rite Aid.  So who is hurt hardest this morning?  By far the most hurt, is Alden Global - the top holder of Fred’s, with 9.27m shares, or 24% stake, as of April 24, when both firms signed a cooperation pact to appoint two directors; Alden bought shares from Nov. 28-Dec. 22, with its largest purchases when FRED was trading ~$20-share Courtesy of Bloomberg, here is a breakdown of the other top holders as of March 31: Here are the others: Adage Capital 19.5m shares (1.9% stake) in RAD, 2.4m shares (6.3%) in FRED Greenlight Capital 16.8m shares (1.6% stake) in RAD, 2.2m shares (5.7%) in FRED Mason Capital 7.2m shares (0.7% stake) in RAD, 313k shares (0.8%) in FRED Sand Grove Capital 3.2m shares (0.3% stake) in RAD, 187k shares (0.5%) in FRED Other top hedge fund holders of FRED: TIG Advisors 1.5m shares (4% stake) ADI Capital Management 391k shares (1% stake) Hudson Bay Capital 391k shares (1% stake) Highbridge Capital 293k shares (0.8% stake) Melvin Capital 150k shares (0.4% stake) Meanwhile, over in RAD: Highfields Capital 19m shares (1.8% stake) Two Sigma 21.9m shares (2.1% stake) Pentwater Capital 15.6m shares (1.5% stake) CNH Partners 12.5m shares (1.2% stake) PAR Capital Management 9m shares (0.9% stake) Coastland Capital 7.3m shares (0.7% stake) Litespeed Management 4.7m shares (0.5% stake) Source: Bloomberg

29 июня, 16:06

GE-JPMorgan Chase Collaboration Enters the Second Phase

General Electric Company (GE) recently announced the commencement of the second phase of its ongoing collaboration with JPMorgan Chase & Co. (JPM).

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28 июня, 15:07

Sunderland’s Fabio Borini set for medical ahead of £5.3m move to Milan

• Lazio balk at striker’s £35,000-a-week wage demands• Milan pay £1m up front with the rest of fee to follow next summerFabio Borini will have a medical at Milan on Thursday as part of a proposed £5.3m transfer from Sunderland. Providing all proceeds smoothly, the 26-year-old Italian forward will join on an initial one-year loan, with Milan paying £1m up front and the rest of the fee to follow when the deal becomes permanent next summer. Related: Transfer window 2017 – every deal in Europe's top five leagues Continue reading...

28 июня, 12:00

From Least Valuable Player to non-play of the year: our NBA season awards

Find out who the big winners of the 2016-17 NBA season were. Note: the Golden State Warriors may make a few appearancesOn Monday night, the NBA finally handed out its regular season awards, roughly 3m years after the last game of the 2017 finals. But why trust the league when you have us here at the Guardian? OK, sure, we will admit that some of the categories that follow are not official. In fact, a few of these “awards” might be more accurately classified as “insults,” but we assure you that they will combine to give you a perfect picture of the 2016-17 NBA season. Continue reading...

27 июня, 16:56

ViaSat Clinches MIDS JTRS Terminal Contracts Worth $88.3M

ViaSat (VSAT) clinched Lot 5 and Lot 5a contracts from the U.S. Navy Space and Naval Warfare Systems Command.

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27 июня, 14:10

ALL LIVES MATTER: City Pays Nearly $3M Settlement to Philando Castile’s Mother….

ALL LIVES MATTER: City Pays Nearly $3M Settlement to Philando Castile’s Mother.

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27 июня, 08:56

Miranda Kerr hands over jewellery linked to Malaysia corruption case

Australian model was gifted $8.1m in jewellery US prosecutors say was bought by a Malaysian financier with stolen moneyAustralian model Miranda Kerr has handed over $US8.1m (£6.3m) worth of jewellery to the US justice department after prosecutors said the items were bought for her by a Malaysian financier with stolen government money.Kerr retrieved the gifts — including a $3.8m (£3m) 8.88 carat diamond pendant from New York-based designer Lorraine Schwartz — from a safe-deposit box in Los Angeles, her spokesman said. Continue reading...