City Council rejects proposal for salary increases

first_img 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsThis week the San Diego City Council rejected a proposal to increase salaries for the Mayor and Council Members in 2020.Local Attorney Bob Ottilie joined KUSI’s Sandra Maas & Allen Denton to explain why the proposal was shutdown. City Council rejects proposal for salary increases KUSI Newsroom, March 21, 2018 KUSI Newsroom center_img Categories: Local San Diego News FacebookTwitter Posted: March 21, 2018 Updated: 6:06 PMlast_img read more

GS Magazine Cottages Gardens Publications Sold

first_imgThe regional magazine M&A market saw a small spike in activity last week as two acquisitions were finalized.Charleston, South Carolina-based GulfStream Communications Wednesday purchased Grand Strand Magazine and its affiliated Web site from Charlston Communications. Financial terms of the deal were not disclosed.Acquiring GS Magazine is a strategic fit for GulfStream, according to marketing and circulation director Misty Johnson, because it extends the company’s regional advertiser reach and reader base to the Grand Strand, South Carolina (Myrtle Beach) area. Charlston Communications owner Pamela Charlston De Grood and the magazine’s advertising director will remain with the 20,000-circ. title under GulfStream, the company said. Other staff transitions are currently being finalized, Johnson told FOLIO:.GulfStream said GS and its Web site will undergo a redesign with the December/January issue, which is due to hit newsstands in early December. Gulfstream’s portfolio of regional titles includes Charleston magazine, Charleston Home, Charleston Wedding, WNC magazine and G, the Magazine of Greenville.After Nine Years, Founder Sells Cottages & Gardens PublicationsFurther north in Connecticut, Cottages & Gardens Publications was sold by founder Richard Ekstract to Dulce Domum LLC. The group includes Hamptons Cottages & Gardens, Palm Beach Cottages & Gardens, Connecticut Cottages & Gardens and Westchester Cottages & Gardens.Terms of the deal were not disclosed.According to Cottages & Gardens Publications editorial director DJ Carey, the acquisition “will give us a new investment opportunity to expand our offerings to the affluent communities we currently serve … as well as prospective geographic areas for future growth” Carey will stay on as editorial director, reporting to Dulce Domum CEO Marianne Howatson.Ekstract—who created Consumer Electronics Monthly magazine in the early 1970s—launched Cottages & Gardens Publications with Hamptons Cottages & Gardens magazine in 2000.last_img read more

Publishers Reveal Digital Storefront Plans

first_imgThe publishers said the goal of the venture is fourfold: to create a highly featured common reading application capable of rendering the distinctive look and feel of each publication; to create a robust publishing platform that’s optimized for multiple devices, operating systems and screen sizes; to create a digital storefront offering an “extensive selection” of reading options; and to create a selection of advertising opportunities.For advertisers, the group said this new initiative will provide them with innovative ad formats that “benefit from the highly engaging, interactive nature of this new medium.”It was not immediately clear if the group is developing the technology behind the initiative in-house, or has partnered with a technology vendor. It also wasn’t clear how much each publishing partner has invested in the project so far. A spokesperson did not immediately return a request for comment.The publishers said they collectively represent an audience of 144.6 million, according to MRI figures. As was expected, a consortium of some of the industry’s biggest magazine publishers today unveiled plans to develop open standards for a new digital storefront à la iTunes, as well as the related technology to allow consumers to access magazines on portable digital devices.Publishers involved in the venture include Time Inc., Condé Nast, Hearst and Meredith Corp. News Corp. also is part of the initiative. The group said it will eventually welcome other publishers to use the technology, too.As was previously reported, Time Inc. executive vice president John Squires will lead the initiative, at least in the interim, as managing director. “For the consumer, this digital initiative will provide access to an extraordinary selection of engaging content products, all customized for easy download on the device of their choice, including smartphones, e-readers and laptops,” he said in a statement announcing the initiative. “Once purchased, this content will be ‘unlocked’ for consumers to enjoy anywhere, anytime, on any platform.”last_img read more

Focus On Medias Great Realignment At the ACT III Conference

first_imgOxford, Mississippi—Magazine publishers from a broad cross section of the industry spent two days presenting their best practices and innovative ideas for an era of transition during the third annual ACT III conference at the University of Mississippi.Like at the AMC in San Francisco last week, the underlying theme of the event was whether print media’s best days are behind it. And if it is, the question was how long the decline will take, and how far down print will go. And like at the AMC, there was no broad agreement. In fact, said opening keynoter Sid Holt, executive director of the American Society of Magazine Editors, no one really knows what form the business will take in the years ahead. And in the meantime, publishers described how they’re innovating and iterating to serve the changing needs of their communities.The conference, organized by Samir Husni, founder and director of the Magazine Innovation Center here, featured an eclectic mix of speakers, from Rebecca Darwin, CEO of the acclaimed Garden & Gun, to Michael Capuzzo, publisher of Northern Pennsylvania’s Mountain Home, and author of the best-selling real-life shark thriller, “Close to Shore.” There were 145 attendees at the event, which also featured tours of the historic city and a visit to the Mississippi Delta, the birthplace of blues music. Because it’s held in an academic setting, the event included students as attendees and sometimes participants, and many speakers geared their remarks to the next generation of journalists as well.Even as individual magazine operators and entrepreneurs told their own stories, the state of the industry was summed up in a presentation by Bob Sacks, the newsletter publisher and chronicler of the state of the magazine industry. “We’re in a period of what I call the great realignment,” Sacks said. “We’re going from being primarily print-revenue based to one that’s primarily digital. But for print, a loss of dominance does not equal death. There will be hundreds of billions of dollars to be made in the reading industry.”Sacks also urged publishers to reinvent themselves before someone else does, and from the tone of the presentations, the attendees and speakers at ACT III are busy doing just that.For example, in 2009, when it was in danger of being shut down, Garden & Gun set itself to developing new ways to connect, Darwin recalled. “I really always envisioned that this would be a national magazine that was about a region and a lifestyle,” she said. “But during that time, the four “P’s”—paper, printing, prepress and postal—kept coming. And at the same time the advertisers were paying late. So I got the staff together and said, ‘We have got to come up with something that will generate some revenue. We created a club. We came up with the membership levels ourselves. We came up with the names, and now we have a very loyal audience and the club is working well.”And Kevin P. Keefe, vice president of editorial at Kalmbach Publishing Co. described a variety of spinoff business lines in his company’s markets, which focus on railroading, model railroading and other enthusiast markets. Included in these products are track plans for modeling enthusiasts available for sale online, railroad maps that tell different stories about the industry, and DVD archives of back issues of print magazines. “These are the most profitable products we’ve ever produced,” Keefe said, crediting Sue Roman of Taunton Press for the idea. “It’s insane how popular they are.”Two speakers, Keefe and Jim Elliott, president of The James. G. Elliott Co., noted that apps have not played out as well as many publishers had hoped. “[The] Apple Newsstand hasn’t been quite the bonanza we were hoping for, but it still has been a positive,” Keefe said.Perhaps the most passionate speaker was Capuzzo, who summarized the true value of the industry: “It starts with the writer,” he said. “One of the things I wanted to talk about was content. At Mountain Home, we’ve suffered for something, and I hope this is it.”Paraphrasing Oxford native William Faulkner, Capuzzo said, “Journalism, at least on the newspaper side, has been a utopian venture, except they are aiming it at a tragic species.”Tony Silber is the general manager of FOLIO: Magazine.More on this topic Embrace Digital, IMAG Attendees Warned Bob Sacks Offers View of Industry at Circ Day LA Magazines Wrestle with Future Business Model At Association-Publishing and Printing Conference, Print Publishers Are Told to Change Their Focus FOLIO: Show Opens in Chicago Overheard at IMAGJust In Four More Execs Depart SourceMedia in Latest Restructuring Editor & Publisher Magazine Sold to Digital Media Consultant BabyCenter Sold to Ziff Davis Parent J2 Media | News & Notes Shanker Out, Litterick In as CEO of EnsembleIQ This Just In: Magazines Are Not TV Networks TIME Names New Sales, Marketing Leads | People on the MovePowered bylast_img read more

Patton Oswalt Brings Annihilation To Netflix

first_imgNews Facebook GRAMMY winner Patton Oswalt will star in the one-hour stand-up comedy show to be released Oct. 17 via Netflix. Titled Annihilation, the special was filmed at Chicago’s Athenaeum Theatre earlier this summer.According to Entertainment Weekly, the special will cover the difficult year Oswalt has had since the tragic and sudden death of his wife, Michelle McNamara, in April 2016, and how humor has helped him cope with the loss. He’ll also touch on other topics such as social media, robocalls and, like any good comedian, politics.Annihilation serves as the follow-up to Oswalt’s 2016 stand-up comedy show, Talking For Clapping. The album version of the latter earned the GRAMMY for Best Comedy Album at the 59th GRAMMY Awards.’Def Comedy 25′: Dave Chappelle, Martin Lawrence, Kevin Hart & More Twitter Find out when the GRAMMY winner will have a new one-hour comedy stand-up special available on Netflix Renée FabianGRAMMYs Aug 28, 2017 – 4:34 pm Get ready to laugh, because one of your favorite comedians is coming back to Netflix with a new comedy special. Email Patton Oswalt Brings ‘Annihilation’ To Netflix NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO May 15, 2017 – 1:50 am Patton Oswalt Wins Best Comedy Album GRAMMY Patton Oswalt Preps Netflix ‘Annihilation’ patton-oswalt-brings-annihilation-netflixlast_img read more

STUDENT SPOTLIGHT Wilmingtons Katherine Rogomentich Named To Deans List At University Of Vermont

first_imgBURLINGTON, VT — Katherine Rogomentich, Class of 2021, has been named to the Dean’s List for the Spring 2018 semester at the University of Vermont. Rogomentich from Wilmington, MA, is majoring in Undeclared in the College of Arts and Sciences.To be named to the dean’s list, students must have a grade-point average of 3.0 or better and rank in the top 20 percent of their class in their respective college or school.About UVMSince 1791, the University of Vermont has worked to move humankind forward. Committed to both research and teaching, UVM professors — world-class researchers, scholars, and artists — bring their discoveries into the classroom and their students into the field. Located in Burlington, Vermont, one of the nation’s most vibrant small cities and top college towns, UVM is a Public Ivy and top 100 national research university educating 10,513 undergraduate students, 1,542 graduate students, 826 certificate and non-degree students, and 459 M.D. students in the Larner College of Medicine.(NOTE: The above announcement is from the University of Vermont via Merit.)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 wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: Wilmington’s Katherine Rogomentich Named To Dean’s List At University Of VermontIn “Education”STUDENT SPOTLIGHT: Wilmington’s Katherine Rogomentich Named To Dean’s List At University Of VermontIn “Education”STUDENT SPOTLIGHT: Wilmington’s Rogomentich Named To Dean’s List At University Of VermontIn “Education”last_img read more

Wilmington Community Fund Giving Away Reusable Tote Bags On June 23

first_imgWILMINGTON, MA — The Wilmington Community Fund is helping residents reduce waste by helping to protect the environment in a more sustainable day-to-day effort. Their reusable tote bags offer many environmental benefits, as well as convenience, value and ease!The Wilmington Community Fund wants to help by giving away reusable bags (1 per person) at the following locations on Sunday, June 23, 2019, starting at 10am:Elia’s Country StoreFarmers Market (140 Middlesex Avenue)Lucci’s SupermarketMarket Basket Plaza The giveaways are on a first-come-first-serve basis.​Be sure to bring your Wilmington Community Fund tote bag on your next grocery trip. While you’re there, consider donating a non-perishable food item to the Community Fund’s Food Pantry. With your help, WCF can achieve its motto, “People Helping People”.​To learn more about how you can support WCF, click HERE.(NOTE: The above announcement is from Wilmington Community Fund.)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 wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedREMINDER: Wilmington Community Fund To Give Away Reusable Tote Bags On June 23In “Community”5 Things To Do In Wilmington On Sunday, June 23, 2019In “5 Things To Do Today”5 Things To Do In Wilmington On Sunday, June 30, 2019In “5 Things To Do Today”last_img read more

Rishi Kapoor I have screwed up my relationship with Ranbir Throwback

first_imgRanbir Kapoor, Alia Bhatt, Rishi KapoorVarinder ChawlaThough they have immense love and respect for each other, Rishi Kapoor and Ranbir Kapoor are not your everyday father-son pair. While Ranbir maintains his distance from his dad, Rishi Kapoor to doesn’t get involved in Ranbir’s private affairs. It’s Ranbir’s mother, Neetu Kapoor, who always acts as a bridge of communication between the two.The fact that Risi and Ranbir don’t always share an amicable relationship has time and again been confessed by the two. Rishi Kapoor’s strict behaviour during Ranbir’s childhood days and his constant fights with Neetu Kapoor have been the two prime reasons behind such a distant relationship between the two.In an interview with Mumbai Mirror, Rishi Kapoor had expressed his sadness when Ranbir Kapoor had decided to move out their home and live with Katrina Kaif in a plush pad the duo bought together. “My father gave me space when I moved out after marriage and I give Ranbir his space too when he decided to move out and share a home with his girlfriend. In this house, he had one room: how could that be enough for a 33-year-old boy? He’s a great son, he listens to me but I don’t interfere in his career because my career is mine and he is his. I know I’ve screwed up my relationship with Ranbir even though my wife kept telling me about what I was doing. It’s now too late to change it; both of us will not be able to adjust to the change,” Rishi had said in an interview with Mumbai Mirror.Further talking about his equation with Ranbir, Rishi had said, “I never made friends with Ranbir and though I regret it, I am also not one of those guys who would want to be on back-slapping terms with my son.”last_img read more

Next global financial crisis could trigger a 50 plunge in emerging market

first_imgEmployees of the Bombay Stock Exchange (BSE) cut a cake outside the building to celebrate the Sensex index rising to over 30,000, in Mumbai in this April 26, 2017 file photo. REUTERS/Shailesh AndradeTen years after the fall of Lehmann Brothers triggered the great crisis of 2008, the world is edging closer to another bout of financial turmoil, according to researchers at JPMorgan.The crisis prediction model created by the bank predicts that the next big financial crisis will erupt in 2020 and that its severity will be less than that of the 2008 crisis.The hallmarks of such an economic plunge will be a great liquidity crisis, a significant rout in US and emerging markets and a softening of the energy prices, the analysts said, according to Bloomberg.The following are the key predictions:US stock markers could see a 20 percent declineGlobal energy prices could slide as much as 35 percentBase metal prices are likely to soften up to 29 percentEmerging market stock markets could see a rout that will wipe off up to 48 percent in value.The researchers wrote that the next great liquidity crisis will be caused by the big shift away from actively managed investing and the focus on index funds, exchange-traded funds and quantitative-based trading strategies.”The shift from active to passive asset management, and specifically the decline of active value investors, reduces the ability of the market to prevent and recover from large drawdowns,” Joyce Chang and Jan Loeys wrote in the note.For India, the projected fall in energy prices could be a silver lining amid the gloom of the next meltdown. However, on the downside, the easing fuel woes could be offset by a potential bloodbath in the markets. Dow Jones blood bath sees biggest day drop in more than 6 years Closecenter_img After the subprime mortgage meltdown in the US triggered an expansive global crisis ten years ago, central banks around the world launched long-running accommodative fiscal policies and governments delved into financial market reforms. But there are economists who believe that the reforms haven’t been able to completely shut off the chances of a repeat of the crisis while the fallout from the expansionary monetary policies have posed a fresh threat.Raghuram Rajan, former RBI governor who had predicted the 2008 crisis, recently said he is one who sees that risk clearly.The post-crisis reforms did not address central banks’ role in creating asset bubbles through accommodative monetary policy, and this could be financial markets’ biggest long-term challenge, Rajan told Howard Gold in an interview.Former British prime minister Gordon Brown said on Wednesday the world was sleepwalking into the next financial crisis. He also warned that the impact of the next crisis will be severe in a “leaderless” world.”We are in danger of sleepwalking into a future crisis … There is going to have to be a severe awakening to the escalation of risks, but we are in a leaderless world.”last_img read more

Modi govt drags Deloitte KPMG affiliate BSR to NCLT seeks 5year ban

first_imgA bird flies next to the logo of IL&FS (Infrastructure Leasing and Financial Services Ltd.) installed on the facade of a building at its headquarters in Mumbai, India, September 25, 2018.REUTERS/Francis Mascarenhas/File photoThe central government has moved to the National Company Law Tribunal seeking a 5-year ban on auditors Deloitte Haskins & Sells and BSR & Co for alleged irregularities in hiding bad debts of the cash strapped Infrastructure Leasing & Financial Services Limited (IL&FS). Financial daily, the Economic Times reported that the centre sought a five-year ban under Section 140 of the Companies Act. Notably, this is the first time the government has invoked this act to debar an auditor. The two firms won’t be allowed to audit any listed or unlisted company, including banks and non-banking financial companies (NBFCs), for five years if the proposed punishment is accepted by the NCTL.The NCTL has, in turn, has directed the government to share the 800-page chargesheet filed by the Serious Fraud Investigation Office to the audit firms. The development comes after the lawyers and the executives accused in the case argued that they have not been served with the documents which also includes chargesheet. The firms moreover have also asked for time to prepare to respond to the ministry of corporate affairs’ (MCA) allegations. The government lawyers submitted that they had shared the electronic version of the chargesheet to BSR & Co but Deloitte is yet to receive the same. The firm has 10 days to prepare a case to defend itself as the NCTL set the next hearing date on June 21st. The IL&FS group is facing serious liquidity crisis and has defaulted on interest payments on various debt repayments since 27 August.ReutersThe SFIO in its chargesheet alleged that “The loans were transferred by mere book entry and resulted in the closure of old loans. The new loans didn’t require provisioning or recognition as NPA (non-performing asset). Hence the assignment of the same was prejudicial to the interest of the company. The auditors having the knowledge of the same had not reported the same in the audit report.”It further added that the firms fraudulently helped the IL&FS hid information of various loans, inflated profits and showed that everything is running well. “Investigations revealed that the auditors, along with their engagement teams of IFIN did not perform their duties diligently. The auditors, despite having the knowledge of the funding of the defaulting borrowers for principal and interest payments, failed to report in the auditors’ report for FY 2013-14 to FY 2017-18,” the agency alleged.last_img read more