ABM Industries' (ABM) energy performance contracting program aims to replace or upgrade the aging infrastructure facilities without incurring upfront costs.
Erosion in local access lines, legal hurdles and a weakening cash and liquidity position are likely to affect CenturyLink's (CTL) Q3 earnings.
Royal Dutch Shell PLC (RDS.A) recently signed a deal to divest its liquefied petroleum gas business in Hong Kong and Macau to oil and LPG supplier, DCC Energy Ltd. which is a subsidiary of DCC plc (DCCPF) .
Shell has sold its 50% stake in Kapuni gas field in New Zealand to local firm Todd Energy for an undisclosed amount, it said April 6. Todd Energy has been in the Kapuni joint venture since the venture’s formation in 1955. Shell will first acquire the remaining 50% of the joint venture operating...
DCC, the Ireland based holding company, agreed to acquire Gaz Europeen in France through its subsidiary DCC Energy to expand its business there. DCC said November 14 it has agreed to acquire 97% of the share capital of Gaz Europeen for €110mn ($118.5mn). According to a filing to stock exchange...
GE Aviation,a segment of General Electric Company (GE), recently announced its plans to shortly open a digital collaboration center (DCC) in downtown Austin
THERE’S A LOT TO WORK WITH IN THESE EMAILS, IF THE GOP HAS ANYONE SMART ENOUGH TO DO IT: Leaked DCC…
THERE’S A LOT TO WORK WITH IN THESE EMAILS, IF THE GOP HAS ANYONE SMART ENOUGH TO DO IT: Leaked DCCC Memo Offers Window into Committee’s Candidate Research.
Aboard Air Force One En Route Atlanta, Georgia 12:10 P.M. EDT MR. SCHULTZ: Welcome aboard Air Force One, everybody, en route to Atlanta, where the President will address the 95th Convention of Disabled American Veterans. This will mark his final major address to our nation’s veterans. So the President is looking forward to speaking with these brave men and women today. The President will make two important announcements -- first, that since 2010, we have reduced veterans’ homelessness by nearly half, and by 17 percent since just last year. And second, as part of the President’s precision medicine initiative, 500,000 veterans have voluntarily donated their health data to the future of science and medicine through the VA’s Million Veteran Program, marking a critical halfway point to the goal of signing up 1 million veterans. The President will talk this afternoon about some of the veterans whose stories have deeply moved him over the past eight years. He'll also discuss the necessary transformation underway at the Veterans Administration, the progress we've made and the work still to be done. This afternoon, the President will make the case that politicians and policymakers must do more than just pay lip service to caring for our veterans. He will point to some proposals in Washington that gut funding for veterans’ care or to privatize the Veterans Administration. The President believes this is a misguided approach and that, as the greatest nation on Earth, we should not leave veterans to fend for themselves. So I hope you all look forward to the President’s remarks this afternoon. I'm happy to take questions on that or anything else on your minds. Q -- that the President will touch upon politicians’ rhetoric when it comes to our veterans. Gold Star families have been an important part of this administration and other presidencies, as well. Over the weekend, Donald Trump made some pretty offensive comments to the Khan family who spoke at the DNC. Is rhetoric like that appropriate in the Oval Office? And will President Obama specifically mention those comments in his remarks today? MR. SCHULTZ: Stacey, thank you for the question. I don't have any additional preview of the President’s remarks beyond what I was just able to discuss. For any response on the campaign trail I'd refer you to -- for any response to back-and-forth on the campaign trail, I would refer you to the campaigns. I can say, generally speaking, since you mentioned the President’s longstanding support for Gold Star families, I'm happy to tell you about our approach. As you mentioned, this is something that the President believes should rise above politics; that the sacred covenant we have with the brave men and women who serve our country and those who perform the ultimate sacrifice should be one that we honor every single day. The President believes that nobody has given more for our country’s security, for our country’s safety, for our country’s freedom than Gold Star families. This is something, as you point out, he’s expressed in public, but it's also something he’s expressed in private when meeting with families, when grieving with families. You’ll note that just last week, Sharon Belkofer introduced the President at the Democratic National Convention. She, herself, is a Gold Star mom who lost her son in a Taliban attack in Afghanistan a few years ago. The President was deeply moved by her introduction and took enormous pride in her remarks that evening. So the President believes that Sharon’s family and families all across this country who’ve made the ultimate sacrifice deserve nothing but honor and gratitude for their sacrifice. The President has expressed that before. But in terms of what his remarks will say today, I'd encourage you to tune in. Q Separate from the ongoing campaign and any specific person who may or may not have said anything, would President Obama, as he is leaving office, support or stand by these types of comments being made by someone who could take his place next year? MR. SCHULTZ: Well, again, I do believe the President’s views on this are well-known, which is families who made the ultimate sacrifice for this country’s freedom and this country’s safety deserve nothing but our country’s honor and gratitude and deepest respect. Q How do you respond, or how does the administration respond to critics who say that the problems at the VA got worse, not better, during the President’s first term, and that the efforts that he’s making now essentially amount to tinkering around the edges and not the complete overhaul that they say the place requires, including more privatization, seeing private doctors, et cetera? MR. SCHULTZ: Mike, I'm glad you asked that question, because this President has made it a priority to transform the Veterans Administration. That began many years ago, and an important milestone for that was bringing in Secretary Bob McDonald, who has an esteemed record in the private sector in terms of making sure organizations and businesses and large bureaucracies run better. That was the mandate given to Secretary McDonald when he took the oath of office to run the Veterans Administration. That's something the Secretary has made enormous progress on. But if you're suggesting that there’s more work to be done, the answer to that is absolutely. But I do reject the notion that we're just tinkering around the edges. To the contrary. At the President’s direction, Secretary McDonald has initiated a transformation at the VA that begins with how they deploy their care and services, but also includes how they track service and care, how they hold themselves accountable, how they protect whistleblowers instead of shunning them. So the President and Secretary McDonald have both been very clear, they want as much transparency and accountability at the VA as possible. Again, we've made remarkable success. The idea that we could cut veterans’ homelessness in half was an idea I think many people would say is far-fetched. This has been a problem in this country for decades, what some called intractable years ago. The President is proud of the progress we've made on that. But like you said, we're not done. We've got a lot of work to go. I think the President is going to speak to this exact challenge this afternoon. Q Can you confirm, as the Libyan government announced today, that the U.S. has begun airstrikes against Islamic State targets in Libya? MR. SCHULTZ: Darlene, I think the Department of Defense -- we might have lifted off by this point -- but the Department of Defense did confirm that at the request of the Libyan Government Of National Accord, the U.S. military conducted precision airstrikes against ISIL targets in Sert, Libya to support the GNA-affiliated forces seeking to defeat ISIL in its primary stronghold inside Libya. I can tell you that these strikes were authorized by the President at the recommendation of Defense Secretary Carter and is consistent with our overall approach of combatting ISIL, which is principally to work with capable and motivated local forces. We've seen GNA-affiliated forces on the ground in Libya recapture territory from ISIL recently, and these strikes were intended to help support those forces as they continue to make progress. Broadly speaking, these strikes are consistent with our overall approach -- as you've seen, we've had significant impact on going after ISIL in Iraq and Syria. I believe the latest statistics from the Department of Defense include that we've recaptured -- the coalition forces have recaptured about 50 percent of ISIL's territory in Iraq and about 25 percent of ISIL's territory in Syria. But we've always been clear that the threat posed by ISIL extends beyond those two countries. The President has been clear that he will deny any safe haven to groups like ISIL or terrorists who wish to do us harm, and that's why the strikes you've seen are consistent with that approach. Q Are the strikes sort of a one-and-done kind of thing or will there be more? MR. SCHULTZ: Well, I don’t want to preview any additional military action for you, but these types of precision strikes were approved by the President earlier at the request of the Defense Secretary. I will say that U.S. assistance will be limited to strikes and information sharing. There are unique capabilities that our military can provide to support forces on the ground, and that's what the President wanted to do. Q Governor Scott said that the number of Zika cases has risen to 14 in Florida. Stipulating that, of course, you want Congress to do more -- we don't need to hear that whole thing again -- but he'd asked specifically for a federal emergency response team and so I'm wondering if you could respond to the Governor's request. MR. SCHULTZ: Thank you, Justin. The President is, as we mentioned on Friday, continually getting briefed on the situation in south Florida. I know that Governor Scott made that request, and we are -- that team is being deployed by the CDC in short order so we’ll be able to work with Governor Scott’s team on the ground in south Florida. Like you said -- or like we’ve talked about recently, the Governor has said they’re working this aggressively. They are redoubling their vector control in the area. They’re testing both mosquitoes and people. And they’re closely monitoring and committed to making adjustments to their protocol as necessary. They’re doing all of this with the support of the CDC at the federal level. As we’ve said, we’ve deployed -- the CDC has given out $2 million in specific Zika response funding, and also $27 million in emergency preparedness funding, much of which can be used for their response to this. This disbursement of funds is on top of other pieces that have been mobilized in the federal government to respond. The Department of Health and Human Services, they are assisting local governments all across the country on vector control. They continue to expand their efforts on research and vaccine development. Unfortunately, as we’ve seen, vaccine development is one of the areas that has been slowed because Congress has not funded this response. Unfortunately, Congress left town for about seven weeks without doing anything. Congress left town about four months after the United States -- the Obama administration submitted a request for $1.9 billion worth of funding. That wasn’t a number that we pulled out of thin air. That was a number that was developed based on our public health professionals and our experts telling us what the United States government would need to fully fund a response to this effort. So if anything, we hope that this provides a wake-up call to members of Congress that when they get back to Washington from their vacation, they can get to work on addressing this problem. Q There was a Russian military helicopter that was shot down in Syria. I’m wondering if you can confirm whether or not it was working on a humanitarian mission. What impact do you think it will have on the peace talks and whether or not it will impact the sort of safe corridors that they’re trying to set up for humanitarian access? MR. SCHULTZ: Justin, I saw public reports on this. I know that Russian officials have spoken to it. I don’t think we’ll have too much to add from here other than to express regret for any loss of life in association with this conflict. That’s, frankly, why we’ve been working tirelessly on a political solution. We believe that there is no military solution to this crisis. That’s why Secretary Kerry has been our principal diplomat, working with his counterpart in Russia, Foreign Minister Lavrov, in order to make some progress on the political solution inside Syria. Q Russian officials said today that basically -- that the accusations that they were involved in the hacking of the DNC or the DCC are basically just a cover or a way to distract from the fact that there’s actually been domestic tampering with the campaign, and basically accusing, I guess, the U.S. of trying to use them as a scapegoat. I was wondering, did you have any response to that? And then also, if the Russians or if a state actor is involved in these hacks -- I know you kind of dealt with this before -- but what is the administration considering as a way to respond? What is the appropriate response to these types of hacks if they’re being carried out by other state actors? MR. SCHULTZ: Ayesha, I’ll address a couple points there. First, the FBI is still investigating this matter, so it’s important that I not get ahead of that investigation. So we’re going to wait for that investigation to conclude. They will also make a determination if it’s appropriate to publicly implicate the culprit. That’s a decision that will be made by the FBI and our national security officials to determine if that’s in the U.S.’s best interest, to make that public declaration. I would refer you to the Director of National Intelligence -- James Clapper actually spoke to this late last week. He said that there’s “a host of usual suspects out there that engage in this sort of activity.” But the FBI is still investigating, and if there’s a point where they determine who was responsible for this attack and that it’s in the United States’ best interest to make that conclusion public, that they’ll be the first to do so. So I don't have any updates on the investigation for you. We do know -- and the President has spoken to this -- that Russia has a record of engaging in this activity. You don't have to take my word for that. That's something that's been expressed by our national security officials for many years now. That's something we've been tracking for a while. Admiral Mike Rogers of Cyber Command, in testimony before the Senate Armed Services back in April -- that was before this latest back-and-forth -- he said that "Russia has very capable cyber operators who can and do work with speed, precision and stealth. Russia is also home to a substantial segment of the world's most sophisticated cybercriminals who have found victims all over the world." So as we've also mentioned, Secretary Kerry raised this in a meeting with Prime Minister Lavrov, I think two weeks ago now. That's again because, unfortunately, Russia has a bad record when it comes to this type of activity. But I don't have any actions to preview for you that would come after the FBI makes a conclusion on its investigation. Q Will there be consideration of bringing a criminal case or doing -- I mean, or some type of retaliation or, I guess, sanctions? MR. SCHULTZ: Again, I want to be very clear, I cannot get ahead of the FBI investigation into this specific matter. I can say, generally speaking, if you look at how the United States has responded to intrusions by state actors into cyber infrastructure within the United States, there's a whole host of options available to us. That includes economic sanctions that would be housed at the Department of Treasury, and that does include law enforcement measures that could be taken out of the Department of Justice. Q I have just one other one on veterans. In 2010, when the President announced -- he said that he wanted to eliminate veterans’ homelessness by 2015. And today, he is going to say that it's been cut almost in half. Can you speak a little bit to why we're not at zero, as he intended or wanted? MR. SCHULTZ: That's a totally fair question and this is a goal that's extraordinarily important to the President. And when he set that goal, he knew it was ambitious and he knew it was a daunting task. It was a problem that has escaped administrations of both parties for many decades. Quite frankly, it's a problem that has been elusive to governors and mayors across the board for many years. But that didn't deter the President from wanting to make this a priority. So we're proud of the progress that we've made over the last few years. Like I said, we've now cut that number in half. We've actually cut it by 17 percent in just the last 12 months. So the President is proud of the progress we've made. But you are absolutely correct to point out that there's still work to be done. And I expect the President to address this head on this afternoon in Atlanta. Q There are hundreds more that were either arrested or dismissed from their jobs in Turkey over the weekend. At what point does your guys' refusal to explicitly condemn this turn into condoning it in some way? MR. SCHULTZ: Well, Justin, I want to be very clear. We have unequivocally condemned the failed coup in Turkey. Q -- that's not what I'm asking. MR. SCHULTZ: We fully support the democratically elected government in Turkey. The President has conveyed that privately and we've expressed that publicly. What we've also said publicly is that we believe that Turkey must respect its democratic institutions; that freedom of the press, freedom to protest, freedom of speech are enshrined in the Turkish constitution and, quite frankly, that's just not in the United States' best interest, that's in the best interest of the people of Turkey -- that when we respect democratic institutions, that strengthens society as a whole. So the President hasn't wavered on that at all. The President believes that the country of Turkey was shook by a failed coup by its military leadership, and so it's going to take some time to work through that. But as they do, the President has been crystal-clear that they should do so in a way that also respects civil liberties and the strong traditions of democratic institutions. Q So you would say that President Erdogan's actions have sort of surpassed those strong institutions or gone contrary to democratic values? MR. SCHULTZ: I would say the Turkish government understands the U.S. position, which is, in order to move past this challenging time, they have to do so recognizing that one of their strengths as a country is their respect for democratic institutions. That includes freedom of the press, freedom to gather, freedom of speech, freedom of expression. And the only way to honor the Turkish constitution is to respect those principles. Thank you, guys. END 12:31 P.M. EDT
Asset Allocation: A Recommendation for Resolving the Collision between Theory and Practice Larry J. Prather (Southeastern Oklahoma State University), et al. April 26, 2016 We examine the creation of a low-cost optimal risky portfolio that individual investors can easily construct and manage. We consider five index mutual funds and three precious metals that are easy […]
In any discussion of credit cards, bonuses, points, and miles appear center stage. However, there are many more money-savings perks cardholders can be taking advantage of. The only problem is that in order to use them, you have to know they exist. We scoured the land and read through hundreds of terms of service contracts to find the absolute best hidden credit card benefits available to most consumers. Travel Insurance. Some of the top travel credit cards come with benefits that can protect your finances in the event your trip is cancelled. When Eyjafjallajökull, the Icelandic volcano, erupted in 2010, over 95,000 flights across Europe were cancelled, affecting an estimated 10 million travelers. It doesn't always take a giant volcanic eruption to cause us to miss hotel reservations or flights - everything from family sickness to inclement weather can be the culprit. Through this benefit, you can be reimbursed for any missed flights or hotel reservations, so long as it happened due to a covered reason. Small Print Warning: Coverage varies greatly between different cards, so you should always familiarize yourself with your policy before deciding to rely on it. You can request your issuer to send you a copy of your cardmember benefits. These should outline any travel insurance benefits you can qualify for. In some cases, your network (Visa, Amex, Mastercard, etc.) are the ones to provide the benefit. If that's the case, you will need to contact them instead. Price Protection. Many shopaholics have experienced this nightmare scenario: you buy an item, and a few weeks later that same item goes on sale. What few people are aware of is that if you charged that purchase to a credit card, you may be eligible to receive a refund equal to the price difference. Mastercard, Discover, Citibank, and select Visa credit cards come with this benefit. If an item you charge to a card has its price lowered within 60-90 days of the transaction, you can file a claim to be reimbursed the difference. Typically you shouldn't expect to receive more than $250 - $500 per claim, and note that there are limits on total payouts available within a single calendar year. Small Print Warning: There is a large number of items that won't be covered by price protection. Items purchased through online retailers like Amazon, jewelry, art, "limited quantity" or "going-out-of-business" sales, are all not covered. The exact list of exceptions will be different card-to-card, so as with all of these secret perks, you're best is to read through your cardmember agreement. Bonus Malls. Most people know about their credit card's reward structure. You may, for example, get 3 points per $1 on gas, 2 points on groceries, and so on. If you want to get even more rewards out of the money you spend, considering using shopping through online bonus malls. Many of the nation's top banks provide special online shopping portals through which cardmembers can earn extra points on every dollar you spend. The prices on these are generally the same ones you'd find in stores, so you won't be paying a premium for earning your extra miles. You can access bonus malls by logging into your online account or by searching for them on google. Personal Finance Tip: Bonus malls have a dangerous side to them. If you get caught up in earning points, you may end up buying things needlessly. You should always approach bonus malls with a rational mindset. Only look for items that you were already planning on buying or absolutely need. If you end up buying things recklessly, you may wake up one day with an out of control balance. Automatic Currency Conversion. When you use your credit card abroad, your bill will still be charged in United States Dollars (USD). This happens because, at the time of your transaction, the credit card network will convert the the price from the local currency to USD. Generally speaking, Visa and Mastercard will give fair exchange rates. These currency conversion rates are much better than what you can find in certain exchange offices. In some cases, the price disparity is so great that you will still come out ahead, even if your card has the typical 3% foreign transaction fee. Personal Finance Tip: Avoid dynamic currency conversion (DCC) like the plague. Some foreign merchants may offer you to convert the currency for you, and charge you in USD. The claim here is that you will avoid the foreign transaction fee by doing so. However, in practice, we found merchants are likely to pick exchange rates that benefit their home currency, and therefore increase your cost. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
Американское издание Defense News опубликовало эксклюзивный материал Кристофера П. Каваса – первого журналиста, побывавшего на борту революционного эсминца ВМС США Zumwalt (DDG 1000), называемого экспертами «линкором XXI века». Как сообщал ранее Newsader, с технологической точки […]
Volkswagen порадует российских автолюбителей двумя новыми моделями на базе Passat. Старт продаж уже объявлен официальным представительством в РФ. Volkswagen Passat теперь доступен для заказа в двух вариантах кузова универсал. Это модели Variant и Alltrack.
Royal Dutch Shell said it is on track to deliver its $11 billion spending reduction program. The company also said that a $70 billion takeover of BG Group has enabled Shell to identify a $1 billion increase in pre-tax synergies to $3.5 billion. That amount equates to a 40% increase in synergies.
Англо-голландская нефтегазовая компания Royal Dutch Shell заявила о продаже своего французского бизнеса Butagaz за 464 млн евро ($512,78 млн). Заметим, что покупателем в рамках сделки выступила фирма DCC Energy.