Showing posts from February, 2020

‘Bachelor’ ski club up for auction in Vermont — take a look

Why are more Americans buying homes with dual master bedrooms?An expert suggests sleeping in separate bedrooms could be the key to a longer marriage and this trend is impacting real estate and homebuilding. FOX Business’ Lauren Simonetti with more.The next batch of bachelors won’t be staying at The Hermitage Club.Continue Reading BelowThe 838-acre ski resort in Vermont where ABC’s “Bachelor Winter Games” filmed four episodes is up for auction, according to FTI Consulting, the receiver on the foreclosure of the club. The resort shut its doors in 2018 after facing financial difficulties.The Hermitage Club at Haystack Ski Mountain includes an 80,000-square-foot clubhouse, a bowling alley, movie theater, par-72 golf course and pool.BON JOVI SELLING HUGE NEW JERSEY ESTATEMany members of the club, according to the New York Post, own homes in the surrounding area and paid club fees as much as $85,000 to join and $15,000 per year to maintain.HERE'S WHAT YOU CAN GET FOR $1M IN OKLAHOMA CIT…

Global Rush to Safety Sends Treasury Yields to Lowest Since 2016

Traders are preparing for the worst as the coronavirus spreads across national borders, stoking fears about its economic impact.Investors snapped up U.S. Treasuries, sending the yield on 10-year securities to the lowest level since 2016. In Europe, the entirety of Germany’s bond yield curve fell back below 0% for the first time since October, meaning that investors may have to pay for the privilege of holding them to maturity. Globalstock indexes tumbled, with S&P futures dropping 2.6%, the most in six months.The total stock of negative-yielding investment-grade debt looked set to jump back above $14 trillion.Other bond markets took a beating. Italy’s debt appeared most vulnerable, with borrowing costs soaring above those of Greece’s after the government imposed a lockdown on an area of 50,000 people near Milan, with infections in the country rising toabout 150 from just a handful a week ago. The outbreak threatens to weigh further on the country’s already-struggling economy.“The …

You can keep red passport after Brexit one launches - depending on expiry date

For the last 30 years, British citizens have had burgundy-covered passports because of the UK's membership of the European Union. However, due to Brexit, campaigners have demanded that the colour of passports be restored to the shade of dark blue they were before we joined the EU. And the Home Office were more than happy to make this change – with British passports becoming blue once again this year. Today it was announced that the first batches of blue passports will be sent out in early March, but what does that mean for those of us who still have red passports?Well, it's good news if you're not keen to give your burgundy one up just yet, as you probably don't have to just yet.
Launch date of Brexit blue passport confirmed and they'll be available in weeks
First look at Brexit blue passport as Boris Johnson shows off early batch All red passports can still be used for travel until they expire – so as long as you've got a decent chunk of time left on yours, yo…

TikTok viral stars could make up to $1m per post, say researchers

Teenagers used to aspire to become astronauts, firefighters, footballers or pop stars, but times change and so do career goals. Today, more than half of millennials and Generation Z-ers – those aged 13-38 – in the US aspire to become social media influencers, according to recent research.The Chinese viral video app TikTok is the platform of choice for young people seeking to monetise their talents because it seen as rewarding anyone’s ability to entertain, whereas Instagram or YouTube tend to reward those who already have celebrity status.And for a very lucky few, taking to TikTok could be a seriously lucrative career option. Marketeers reckon that the most popular TikTokers could currently charge close to $200,000 (£155,000) per post if they promote and collaborate with brands. Researchers at Morning Consult, a US tech research group working on behalf of the games company Online Casino, argue that TikTok is growing so fast in popularity that some influencers might even be able to cha…

BMW's new additions to the 2-series line-up provide options

Is BMW messing with people’s minds? The German marque now has three completely different model lines, all bafflingly called 2-series.The rear-wheel-driven 2-series two-door coupe and front-wheel-driven 2-series Active Tourer/Gran Tourer people movers we already know, but there is now the car you see here – the 2-series Gran Coupe.The latest, a four-door sedan, which goes head on with Mercedes’ CLA saloon, is based on the latest 1-series hatch. Being a 1-series spin-off, it retains the donor car’s transverse engine and front-drive layout (except for the range-topping M235i, which is all-wheel-driven).BMW calls it a Gran Coupe because it says the car’s arched roofline and frameless windows give it coupe-like looks. The pictures speak for themselves, so I will let you be the judge of that.If the cabin of the 2-series Gran Coupe (let’s call it the 2GC) looks familiar, it is because the dashboard is lifted from the 1-series – not a bad thing since it is pleasantly styled and logically laid…

Rio Tinto takes Mongolia mine tax fight to UN panel

Australian mining giant Rio Tinto has launched action with a United Nations arbitration panel in the hope of ending a long-running dispute with the Mongolian government over taxes paid by its giant copper and gold mine in the Gobi Desert.In a sign of further friction between Rio Tinto and the Mongolian government over the Oyu Tolgoi mine, the company on Friday said it had initiated a formal request with the UN Commission on International Trade Law relating to $US155 million ($234 million) in disputed taxes that Mongolia believes Rio's subsidiaries should have paid between 2013 and 2015.Rio Tinto’s Oyu Tolgoi mine is one of the world’s richest copper deposits. Credit:"We have worked diligently with the government and tax office representatives in Mongolia to find a mutually acceptable settlement and came to the conclusion that arbitration is the best way forward to resolve this issue," said Arnaud Soirat, the global miner's chief executive of copper and diamonds.Rio&#…

ACCC clears Chinese takeover of brands like Dairy Farmers and Big M

The competition watchdog has given the green light to a $600 million deal that would see China Mengniu Dairy acquire Lion's dairy and drinks business.The regulatory tick by the Australian Competition and Consumer Commission means that the fast-growing Chinese dairy giant will continue expanding and improving its capability to service growing Asian markets.Under the deal, which still needs Foreign Investment Review Board approval, Mengniu will acquire big name Australian dairy and juice brands including Dairy Farmers, Big M, Pura, Daily Juice and Berri.China Mengniu Dairy Company is poised to acquire Lion’s dairy and drinks business.Credit:Paul HarrisA key consideration of the ACCC was the potential impact of the deal on competition for the purchase of raw milk from dairy farmers in Gippsland, Victoria.Lion owns dairy processing facilities at Morwell in Gippsland and Chelsea in suburban Melbourne. Mengniu through a subsidiary has an indirect interest in the dairy processor Burra Fo…

Trump To Rally GOP Voters In A State Where He Was Already Tabbed The Caucus Winner

LAS VEGAS ― President Donald Trump is staging a Las Vegas campaign rally Friday, even though Nevada Republicans already rigged their caucus to ensure he would win by canceling the presidential preference vote.Trump’s third rally of the week is to take place at the city’s convention center at noon, local time. But Trump effectively won the state’s 25 delegates to the summer nominating convention five months ago at a state party meeting in Winnemucca.“He has overwhelming support from Republicans in this state. He has like 99.9%. It’s amazing,” said Michael McDonald, Nevada’s state GOP chairman. He added that the party would use the few hundred thousand dollars saved to help down-ballot candidates this November.“We haven’t had any blowback,” McDonald said.Stuart MacGuire, though, is one Nevada Republican who is happy to offer some now. “Why don’t they trust Nevada Republicans to vote? What are they afraid of?” he said.At the time of the decision to cancel the caucuses, three other Republ…

You could be fined up to £5,000 and even lose your licence if you don't indicate when turning near a pedestrian

FAILING to indicate when turning near a pedestrian could see you hit with a large fine and points on your licence.And if you forget to signal and a passerby is injured, you could even be disqualified from driving.Signalling is essential for road users to safe, but some drivers may fail to indicate if there aren't any other vehicles around.Motorists must also consider pedestrians who may be looking to cross the road they wish to turn into, and signal accordingly.Driving without signalling your intentions can lead to collisions with motorists and pedestrians.And if you're spotted by police, you could be handed a £100 on-the-spot fine.But depending on the severity of the incident, you can be hit with a maximum £5,000 fine, nine points on their licence and even be disqualified from driving – especially if a pedestrian is injured because you forgot to indicate.So, although there's no specific offence for failing to signal your intentions, careless driving or dangerous driving c…

Ancient 16,000ft 'Throat of Fire' volcano in Ecuador could COLLAPSE creating deadly lava avalanche

ONE of South America's most active volcanoes may be at risk of a partial collapse, according to scientists.Nicknamed the "Throat of Fire", Tungurahua volcano in Ecuador has become unstable, likely due to damage caused by the churning magma within.If it were to fall apart, the ancient mountain would could create massive landslides and avalanches of rock that travel for up to tens of miles.A single Tungurahua eruption 21 years ago led to the evacuation of 25,000 people in nearby areas.Tungurahua has been persistently active since 1999 and regularly spews plumes of lava and ash into the sky.Its name means "Throat of Fire" in the indigenous tongue of the Quechua peoples. Others call it the Black Giant.In a study published in the journal Earth & Planetary Science Letters, scientists warn that the volcano's western edge is in danger of collapse.They blame violent geological processes within the lava-belching beast for its wavering stability."Using satell…

Winter Fuel Payment: Time is running out for eligible claimants to receive payment

For people born on or before 5 April 1954 they could receive what it known as a “winter fuel payment”. So long as the claimant is eligible, they could receive between £100 and £300 to help pay heating bills. The payment seems to be aimed towards the elderly, for it will be given automatically if the claimant receives state pension. It is also possible to receive the payment if a social security benefit is being received, so long as the benefit isn’t a council tax reduction, universal credit, child benefit or housing benefit. READ MOREState pension age? You could get hundreds of pounds this winterFor anyone who doesn’t currently receive the payment but feels they are eligible they should act fast. The deadline for claiming payments for winter ends on 31 March 2020.There may also be issues with receiving the money as most payments are made between November and December.The government detail that all the money should be received by 13 2020, as these dates have long since passed there may…

Lotteries keep Tabcorp's profit rising as wagering tumbles

Gambling giant Tabcorp has lifted its underlying half-year profit by 2.9 per cent as growth in its lotteries business offset a sharp earnings decline in wagering.Profit excluding significant items was $213.5 million, up $6 million, in the six months to December 31, while its reported net profit – including implementation costs from its 2017 merger with Tatts, and point of consumption tax compensation – rose 10.8 per cent to $198.8 million.Earnings in Tabcorp’s wagering and media business fell 16 per cent. Credit:Dominic LorrimerGroup revenue grew 4.4 per cent to $2.9 billion, driven by a 12 per cent jump in turnover in keno and lotteries, which includes Oz Lotto and Powerball.Wagering under the TAB band and its Sky Racing media operation saw revenue tumble almost 4 per cent. Digital wagering turnover was down almost 5 per cent while turnover in its retail betting shops was down 9 per cent.Earnings before interest and tax in the lotteries and keno division grew 17 per cent to $245.8 mi…

Five Things You Need to Know to Start Your Day

Want to receive this post in your inbox every morning? Sign up hereApple says it will miss guidance due to coronavirus, HSBC targets 35,000 job cuts and Michael Bloomberg qualifies for debate. Here are some of the things people in markets are talking about today.Taking a hitThe ever-growing list of companies announcing problems from the extended shutdown in China due to the coronavirus outbreaknow includes Apple Inc. after announcing it no longer expects to meet revenue guidance for the March quarter. Shares in the iPhone makerfell more than 4% in pre-market trading, with the company’s suppliers in Asia and Europe also posting losses. The pace of infection growth and deaths from the outbreak in Chinaappears to be slowing, but the World Health Organization has warned that it’stoo early to say if cases are truly declining. Bank overhaulHSBC Holdings Plc is set tocut about 35,000 staff and take $7.3 billion of charges as the bank looks to overhaul its business. The move will downsize its…

Families escape after Tesla Model X’s automatic brakes stopped a falling tree from crushing them during Storm Dennis – The Sun

TWO families have narrowly escaped being crushed by a massive tree after their Tesla's automatic brakes suddenly kicked in.Laurence Sanderson was travelling through Dorset with his three children and wife over the weekend when a oak tree was blown over during Storm Dennis.The family of five were moments away from being hit by the 400-year tree when the Model X's autonomous brakes stopped them in their tracks.Instead of landing on top of your roof, the enormous branch crashed onto their bonnet.Another Tesla was travelling in the other direction at the exact time the tree fell, but managed to avoid a serious crash thanks to their motor's innovative braking system.Thankfully, both families were uninjured in the crash and were taken in by a couple in a nearby house who gave them food and water.
The A31 was blocked in both directions due to the massive tree fall.Tesla introduced an automated emerging braking system into all of its vehicles back in 2017, which engages when it det…

Keir Starmer lays out plans for the top job as he vows to save the NHS

The past three weeks have been hell for Keir Starmer.After his mother-in-law Barbara suffered an accident, the potential new Labour leader cancelled campaign events so he and his wife Victoria could be by her bedside. Barbara’s death last weekend will have brought back difficult memories for Starmer, the favourite to succeed Jeremy Corbyn. He lost his own mum in 2015 after years battling a debilitating disease.These tragic experiences have given him a close-up view of the “incredible” NHS, and have made him determined that the health service should have the resources it needs.He said: “We were overwhelmed by how incredible the NHS really is.
Labour leadership row explodes as party reports Keir Starmer 'hack' claims to watchdog
Emily Thornberry knocked out Labour leadership race as she fails to make ballot“The last few weeks have been very tough on my wife and her sister.”Victoria works for the NHS in ­occupational health. Starmer’s mother Jo was a nurse.Jo had Still’s disease,…

Council tax bills to soar by up to 4% in 'unfair' pressure on households

Council leaders have proposed a maximum 4 per cent increase to council tax, forcing families to pay around £70 more a year on an average Band D property.The tax rise proposal will come in effect in April as an initiative to allow local authorities to access an additional £1.5billion for social care, government claims.The Police and Crime Commissioners were given authority by ministers to put up Band D bills by £10, it is reported.John O’Connell, of the TaxPayers' Alliance, said: "These rises will put many households under even greater financial pressure."The tax burden is already at a 50-year high and it isn’t fair to keep asking taxpayers to dig even deeper into their pockets."North East Lincolnshire Council have suggested a 3.98 per cent increase in council and is yet to confirmed by the Humberside Police and Crime Commissioner, according to Grimsby Live.
Distressed mum of Faye Swetlik, 6, reports daughter missing in harrowing 911 call
UK weather: Storm Dennis to …