Latest on Rebecca Zahau trial with Caitlin Rother Testimony continued Tuesday in the Rebecca Zahau case.On Monday, the man being sued by Zahau’s family took the stand. Her family believes 54-year-old Adam Shacknai, the younger brother to Zahau’s boyfriend, killed her.Shacknai testified saying he left the guest house of the Coronado mansion around 6:45 a.m. That’s when he saw Rebecca hanging from the balcony.Shacknai then says he called 911, brought Zahau to the ground and tried to perform CPR. He testified he did not kill her.The trial has spanned several weeks now and author and journalist, Caitlin Rother, has been following it closely.She joined KUSI with an update. KUSI Newsroom Posted: March 20, 2018 KUSI Newsroom, Categories: Local San Diego News Tags: Caitlin Rother, Rebecca Zahau, Zahau FacebookTwitter March 20, 2018
Posted: October 16, 2018 AP Stocks surge on earnings and economic data; Dow climbs 500 October 16, 2018 NEW YORK (AP) — World stock markets are rallying Tuesday, and U.S. stocks are on track for their second-largest gain in 2018 following strong earnings reports from major U.S. companies in finance and health care. Technology companies are also rising after their recent slump. The Dow Jones Industrial Average rose as much as 502 points.Even with the big gains, major indexes are still broadly lower for the month following a two-day rout last week that erased nearly 1,400 points from the Dow.Investors were encouraged by some good news on the economy. The Federal Reserve said output by U.S. factories, mines and utilities climbed in September despite the effects of Hurricane Florence, and the Labor Department said U.S. employers posted the most jobs in two decades in August while hiring continued to increase.KEEPING SCORE: The S&P 500 index jumped 54 points, or 2 percent, to 2,805 as of 2:45 p.m. Eastern time. The Dow gained 494 points, or 2 percent, to 25,745.The Nasdaq composite climbed 192 points, or 2.6 percent, to 7,623 as technology companies reversed some of their outsize losses from the last few days. The Russell 2000 index of smaller-company stocks rose 39 points, or 2.6 percent, to 1,592.Earnings for U.S. companies climbed about 20 percent in each of the first two quarters of 2018 as economic growth picked up and corporate taxes were slashed. Analysts expect similar results in the current period.Stocks have gyrated over the last three days following a six-day losing streak that included some of their biggest declines of the year. The S&P 500 fell 6.9 percent from its record high on Sept. 20 to its recent low on Thursday. It remains 4.3 percent below that record level.HEALTHY…: UnitedHealth, the largest U.S. health insurer and provider of privately-run Medicare Advantage plans, once again topped Wall Street forecasts and raised its projections for the year. The stock climbed 4.1 percent to $270.95. Other health insurers also rose. Cigna advanced 3.8 percent to $211.70 and Humana rose 3.4 percent to $327.90. Medicaid service company Molina Healthcare jumped 4.1 percent to $144.26.Health care products giant Johnson & Johnson added 1.4 percent to $135.89 after it said prescription sales jumped. Its results, too, were stronger than analysts expected.…AND WEALTHY: Morgan Stanley rose 5.7 percent to $45.94 and Goldman Sachs added 2.4 percent to $220.38 after the two investment banks did better than expected in the third quarter, helped by strong performance in their trading operations and better-than-expected revenue from stock underwriting. Morgan Stanley’s stock has fallen 12 percent this year and Goldman has lost almost 14 percent.TECH UPDATE: Technology companies rose. Microsoft jumped 2.8 percent to $110.65 and Adobe rallied 8.6 percent to $258.36 after it backed its fourth-quarter profit and revenue forecasts. The stock has jumped 47 percent this year, but had slumped in recent days. Internet companies also advanced. Alphabet, Google’s parent company, rose 2.4 percent to $1,128.80.Email delivery company Sendgrid climbed 14.8 percent to $35.50 after cloud communications platform company Twilio agreed to buy it for $36.92 per share in stock, or $1.7 billion. Twilio fell 3.4 percent to $73.56.SUSPENSE FOR NETFLIX: Netflix rose 2.7 percent to $342.04 ahead of its third-quarter report Tuesday afternoon. The streaming video company has struggled over the past three months and has fallen almost 20 percent since its second-quarter report, when it posted disappointing subscriber totals and gave a weaker forecast than analysts expected.It’s still up 78 percent this year, the third-best of any S&P 500 stock.O CANNABIS: On Wednesday Canada will legalize marijuana nationwide. While cannabis companies mostly traded lower Tuesday, the stocks have made huge gains this year in highly volatile trading. Tilray fell 5.7 percent to $156.27 while Canopy Growth shed 7.1 percent to $52.87.On Tuesday Benchmark Capital analyst Mike Hickey started coverage of Tilray with a $200 price target, saying its supply deals with pharmacies and a partnership with drugmaker Novartis will help make it an early leader in the market. Hickey valued the Canadian cannabis market at about $3.2 billion in 2019 and said it will climb to $8.1 billion by 2023.Tilray’s market value stands at $14.5 billion, up ninefold since it went public in mid-July, and Canopy Growth has more than doubled in value to $12 billion. Canopy announced a $4 billion investment from Corona beer maker Constellation Brands in August. The huge gains reflect investors’ view that that other countries will legalize marijuana in the years to come.ENERGY: U.S. benchmark crude oil added 0.2 percent to $71.92 per barrel in New York. Brent crude, the international standard, rose 0.4 percent to $81.14 per barrel in London.Wholesale gasoline rose 1.7 percent to $1.98 a gallon and heating oil picked up 0.6 percent to $2.34 a gallon. Natural gas lost 0.1 percent to $3.24 per 1,000 cubic feet.BONDS: Bond prices edged lower. The yield on the 10-year Treasury note rose to 3.17 percent from 3.16 percent.METALS: Gold rose 0.1 percent to $1,231 an ounce. Silver lost 0.2 percent to $14.70 an ounce. Copper slipped 0.3 percent to $2.78 a pound.CURRENCIES: The dollar rose to 112.27 yen from 111.88 yen. The euro fell to $1.1577 from $1.1584.OVERSEAS: France’s CAC 40 added 1.5 percent while the DAX in Germany jumped 1.4 percent. Britain’s FTSE 100 rose 0.4 percent. Italy’s FTSE MIB jumped 2.2 percent after the government avoided last-minute delays in presenting a budget plan.Japan’s benchmark Nikkei 225 rallied 1.2 percent and the Kospi in South Korea was little changed. Hong Kong’s Hang Seng index finished 0.1 percent higher. AP, Categories: Local San Diego News, National & International News FacebookTwitter
WILMINGTON, MA — It may have been a long time in the making, but members of the town’s new Economic Development Committee have hit the ground running, with two productive summer meetings now under their belts.BackgroundIn April 2018, Selectman Greg Bendel asked his colleagues to consider creating a committee dedicated to spurring economic development in Wilmington.“However it’s assembled, and whatever it’s called, this group would look at the best economic development practices of our neighboring communities, and also what tools we can avail ourselves to, such as the North Suburban Planning Council,” said Bendel. Selectmen were supportive of the idea, in particular Selectman Mike Champoux, who had long been a proponent of such a group.“The Town hasn’t been in the business of attracting specific businesses, like Whole Foods or Trader Joe’s, but maybe we could be a little bit; maybe that’s an activity that the Economic Development Committee could be a part of, working in collaboration with some of the other regional associations and Chamber of Commerce to construct a way to communicate the awesomeness of Wilmington to the greater business community, help full some of our vacancies, and help improve the quality of life for residents,” said Selectman Champoux. “The Committee would be [identify and recommend] ways in which the town can be more proactive in economic development…. It’s about a marketing message – we all know how awesome our town is, we just need to get the word out.”In January 2019, Selectmen unanimously approved the creation of an Economic Development Committee.“The Economic Development Committee will be an advisory committee making recommendations to the Board of Selectmen and Town Manager,” explained Town Manager Jeff Hull.Hull outlined the committee’s five major purposes:Gain an understanding of what economic development means to residents, the degree to which residents are seeking more businesses or expansion of existing business, and the types of businesses residents would like to see in Wilmington.Gain an understanding of Wilmington’s strengths and vulnerabilities as a host community to businesses currently operating, businesses considering Wilmington as a potential place to relocate, and for individuals seeking to start a business.Facilitate communication with members of the Wilmington/Tewksbury Chamber of Commerce and other business in Wilmington and the area to understand their short and long term plans, opportunities and challenges.Create an informational tool that presents Wilmington “in a nut shell,” providing statistics about the population, demographics workforce, and the attributes that make Wilmington the place to conduct business.Serve as an educational forum for committee members and the public by hosting guest speakers to cover different elements of economic development.In March 2019, the Town Manager made his appointments to the committee — Mike Champoux (now a former Selectman, local businessman), Patrick Giroux (works for a commercial real estate firm), Lilia Maselli (runs a small business — Dandi-Lyons Ice Cream in North Reading — with her husband and works as an executive assistant at Analog Devices), Nancy Vallee (Executive Director of the Chamber of Commerce), and Planning Director Valerie Gingrich. Selectman Greg Bendel was named the Board of Selectmen’s designee.In April 2019, Selectmen made their appointment — Selectman Mike McCoy appointed former Selectwoman Suzanne Sullivan; Selectman Greg Bendel appointed retired U.S. Army Major Robert Olveira; Selectman Jonathan Eaton appointed Carol Boisvert, a long-time resident and HR Director for Heilind Electronics in town; and Selectman Kevin Caira appointed Dan Gibbons, a businessman and owner of Benjamin Moore Hardware Store at the Wilmington Plaza. In May 2019, the committee’s membership was finalized once newly elected Selectwoman Jomarie O’Mahony appointed Tom Card, a business owner and former business analyst, to the committee. Selectmen emphasized that 10 of the 11 committee members were Wilmington residents.In June 2019, the Committee held its first meeting. Mike Champoux was elected Chair; Tom Card was elected Vice Chair; and Lilia Maselli was elected Secretary. The Committee spent the bulk of its meeting holding initial discussions surrounding its mission and goals.The Committee recently held its second meeting on Wednesday, August 28, 2019, for which the Wilmington Apple was in attendance.Mission StatementThe Committee approved its mission statement after much wordsmithing. The final version reads as follows:“The Wilmington Economic Development Committee’s (WEDC) mission is to be the proactive arm of the Town of Wilmington to the business community. We seek to collaborate with residents, property owners and businesses to help promote an atmosphere conducive to smart economic growth, by thoughtfully identifying and targeting key business sectors that compliment the fabric our community, are beneficial to the residents, and create jobs.The Wilmington Economic Development Committee (WEDC) will serve as an advisory board and liaison between businesses and municipal government providing recommendations for planning and permitting processes that best serve the business and resident communities, while being consistent with the town’s master plan and being respectful of environmental and traffic considerations.”Committee Description SummaryThe Committee made great strides in finalizing a summary of how it will operate. Members determined that all 11 members will having voting privileges, including Planning Director Valerie Gingrich, who was first thought to be a non-voting member. The Committee, like some of the other committees in town, including the Yentile Farm Recreational Facility and Facilities Master Plan Committee, is not subject to term limits. If a member was to step off, a replacement would be selected either by the Selectmen or the Town Manager, depending on who made the original appointment. Selectman Greg Bendel emphasized that the Committee has no budget, and that it is an advisory committee to the Selectmen and Town Manager, with no real authority. The Committee will vote on its description as its next meeting.Committee Website & Email AddressThe Committee established a page on the town’s website where the public can review meeting minutes and agendas, plus any other documents produced. A list of committee members and future meeting dates are also posted. A committee email account was also established — firstname.lastname@example.org — to provide an avenue for the public to contact the group, ask questions, and offer suggestions.Database Of Vacant PropertiesThe Committee divided up the town geographically and located dozens of vacant commercial spaces in between meetings. Committee member Nancy Vallee, of the Wilmington-Tewksbury Chamber of Commerce, is spearheading the effort to merge the individual lists into a master database, which will be used as a future tool in the committee’s work. Vallee is also consulting lists available to her through her office and lists from various Town Departments, including the Planning Department and Assessors Office.Letters To Owners/Leasing Agents Of High Profile VacanciesWith the support of the committee, Patrick Giroux is drafting a letter that will be customized and sent to owners and/or leasing agents of high profile vacant commercial spaces in town, such as SRS Real Estate Partners, the commercial real estate firm actively trying to sublease both the vacant Rite Aid and Walgreens buildings on Main Street.Snapshot Of Wilmington’s Current Economic Development ProjectsWilmington Planning Director Valerie Gingrich gave the committee an overview of some of the town’s current major economic development projects:Projects In Construction:Analog Devices expansion on Analog WayHeilind Electronics expansion on Jonspin RoadConstruction of retail plaza at 196 Ballardvale Street, across from Target, where Habit Burger will be locatedConstruction of car wash at 220 Main Street (old Sonic location)Renovations (raising of roof and installation of 10 new truck loading docks) by Fordham Park LLC at 100-110 Fordham RoadGingrich also mentioned housing projects on Murray Hill Circle (36 homes), Green Meadow Drive (26 homes), Spruce Farm (27 condos), and North Wilmington Estates (26 homes).Projects Recently Given Permits:Construction of 4 new warehouses at 36-38 Upton DriveConstruction of a commercial flex building (19,900 sf) at 100 Research DriveProjects Currently Going Through The Permitting Process:Redevelopment of the existing building and addition of 41 new loading docks at 613 Main Street (old Xpedx location)Construction of 15 industrial garages at 225 Andover StreetSome work is also being done to 44 Concord Street and 65 Industrial WayConstruction of 50 apartments, 7 retail spaces & a bank at 203 Lowell Street (Woburn/Lowell Street intersection)Construction of 49 condos at 635 Main Street (near Butters Row Bridge)Gingrich also mentioned housing projects on Nichols Street (5 homes right next to the Middlesex Canal) and Highland Estate on Hopkins Street, near Sarafina Way (17 homes, with 7 acres of open space along Lubbers Brook)Gingrich anticipates the permitting process for a housing project of sorts at 168 Lowell Street (former Walpole Woodworkers location) to be begin shortly, but is still waiting on detailed plansGingrich also noted her department is trying to streamline the permitting process for business owners.“Once they file, we have a Community Development Technical Review Team, where representatives from the applicable town departments get together and offer preliminary comments on the development before they go to in front of the Planning Board,” explained Gingrich. “This way, developers get a heads up on what types of things may come up and they can get talked out in advance. Those meetings are really helpful for developers.”Gingrich pointed out that the Planning Board, through Town Meeting votes, have made several business-friendly zoning changes over the past couple of years.“We changed the Research & Development Use by making it a right in the Highway Industrial District, places like Ballardvale Street and Fordham Road, so there’s now less obstacles with permitting,” said Gingrich. “We finally implemented a multi-family mixed use district at Perry’s Corner at Lowell Street and Woburn Street, something the Master Plan called for 20 years ago.”Gingrich also touted her department’s involvement with the town’s current transportation projects, which go hand-in-hand with economic development. She noted Wilmington’s two bridge projects — the Butters Row bridge replacement and the Route 38 reconstruction project up to the Miceli bridge — are on the state’s construction lists and progress is being made. Meanwhile, the traffic improvement project to the Woburn Street/Lowell Street intersection continues to move up in the MassDOT queue.Packed Agenda For Next MeetingThe Committee will next meet on Wednesday, September 25, 2019 in Room 9 of Town Hall. At that time, the Committee will discuss regional members and resources potentially available to them, including the Metropolitan Area Planning Council (MAPC) and North Suburban Planning Council (NSPC). State Representative Dave Robertson may attend the meeting to speak with the Committee about various state resources and how he can help. The Committee will also conduct a SWOT (Strengths, Weaknesses, Opportunities, Threats) flip chart exercise as it relates to the business climate in town, plus begin developing a marketing campaign to attract desirable businesses to town.Meetings are open to the public. Feedback is welcome. No resident chose to attend the Committee’s first two meetings.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedFilling The Vacant Walgreens Property Is A Top Priority For Town’s New Economic Development CommitteeIn “Business”Selectmen Wants Town To Do A Better Job Attracting New BusinessesIn “Government”SELECTMEN NEWS: Appointments To Town’s New Economic Development Committee Gets ComplicatedIn “Government”
Kolkata: Two bikes collided with each other near Judicial Academy in New Town on Wednesday morning.One of the bikers identified as Sariful Shaikh, who is a delivery person of Swiggy, got serious head injuries and is admitted to a city hospital. The condition of the delivery person is stated to be serious. Locals told Shaikh was riding his bike at a high speed and eventually lost his control. Keeping in mind the extent of the damage, Bidhannagar Police is soon going to arrange a meeting with the food delivery agencies over the issue of rash driving by Also Read – Rain batters Kolkata, cripples normal lifedelivery persons. According to locals, Shaikh was coming from the Sapoorji area and was headed towards Narkelbagan. Near Judicial Academy, Shaikh failed to notice the speed breaker placed on the road. He crossed over the speed breaker at a high speed. Meanwhile, another bike was taking a U turn just a few meters ahead of him. As Shaikh was a high speed, he collided with the bike that came infront of him and fell on the road. The other biker also fell off the bike but suffered minor injuries. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedShaikh was immediately removed to a private hospital near New Town police station and was later shifted to another private hospital near Haldiram’s. In the evening, he was again shifted to another hospital at Mullick Bazar, specialised for neurological treatment. It is alleged that food dilvery apps such as the likes of Swiggy often takes action if a delivery person fails to deliver the food within a stipulated time. They also pay some amount of money as commission for faster delivery of food. To comply with the policy and make some extra amount, delivery persons are frequently seen flouting traffic norms that results in self-harm or harm of others. The delivery persons ride very fast to reach their destinations in fear of getting penalised. “We do not encourage anyone to flout traffic norms or ride fast. There is no provision of imposing penalties,” said a Swiggy official. According to the sources, in Wednesday’s accident Shaikh’s bike had no insurance and as a result, he will not get any compensation. Police sources said after the Swiggy authority was informed about the accident, they avoided taking any liability because Swiggy has no social security scheme for their delivery persons. To sort the matter, Bidhannagar Police will call the food delivery agencies and mention some guidelines that need to be followed strictly. The agencies will also be asked to keep a periodical check of the delivery persons’ bikes and the related vehicle documents. “We will sit with the food delivery agencies and their delivery persons to ensure there is no over-speeding and rash driving by them,” said Amit P Javalgi, Deputy Commissioner of Police (Headquartes) of Bidhannagar Police.