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CIBC CEO heeds caution on technology amid cyberthreats bullish on US

first_imgTORONTO – Adopting technology too fast can create more risks amid a growing cybersecurity threat for the financial system as a whole, said the Canadian Imperial Bank Of Commerce’s chief executive.CEO Victor Dodig made the comments Wednesday during a presentation to investors when asked about potential risks as the bank targets between five to 10 per cent earnings growth over the next three years, fuelled by its U.S. business.“If any particular institution is affected, the entire system gets affected,” Dodig said.“We have to work as a unified voice, and a unified industry to make sure that we are investing for cybersecurity and resilience of the Canadian system… and the U.S. system and the global financial system overall. That’s something that we all need to be mindful of,” he told investors.“So as new technologies come in, adopting too fast can create more risks.”His comments come days after Canada’s privacy commissioner opened a formal investigation into a large data breach that ride-sharing company Uber publicly disclosed in November that may have impacted 815,000 Canadian riders and drivers. The privacy watchdog continues to probe a data breach earlier this year at credit company Equifax that impacted 145 million Americans and about 19,000 Canadians and, in some cases, included credit card information.Dodig’s concerns also come as Canada’s fifth-largest bank was bullish on its earnings growth ahead on the back of the acquisition of Chicago-based PrivateBancorp for roughly US$5 billion in June.Dodig estimated that its U.S. business would account for 17 per cent of its earnings by 2020. That’s up from six per cent in 2015 and nine per cent this year, Dodig added, and in line with CIBC’s previously stated target of generating roughly 25 per cent of its earnings south of the border in the long term.CIBC’s latest quarterly earnings got a 25 per cent bump to $1.16 billion, helped by the first full quarter since the acquisition.“One of the risks that we faced as an institution was we had a high reliance on one market for our business,” he told investors. “And we told you three years ago that we’re going to diversify away from that. We’re diversifying into a market that’s also deposit rich.”Dodig also said he expects that growth to be largely organic and the bank is not looking at any other major acquisitions.Meanwhile, CIBC (TSX:CM) also said it is considering a U.S. stock listing for its Caribbean bank subsidiary.Dodig told investors said no decision has been made, but a U.S. listing would provide FirstCaribbean International Bank access to a larger investor base, enhanced liquidity and greater access to capital to support long-term growth.“We look at various options for our bank in the Caribbean, including listing some of those shares in New York, as a way of tapping into the deepest capital pool. Because it is already a listed company,” he said.FirstCaribbean was formed in 2002 when CIBC West Indies Holdings and Barclays Bank PLC Caribbean operations merged. CIBC acquired Barclays’s stake in 2006 and became the majority shareholder.Based in Barbados, FirstCaribbean has over 2,700 staff and operates in 17 countries. It has stock market listings in Barbados and other small markets in the region.Dodig said FCIB is “performing very, very well even though it’s (going through) incredible natural hardships, particularly over the last little while.”He added that a U.S. listing for FCIB is one of the options under consideration to recognize its value, as CIBC aims to grow its dividends “sensibly” and remain near the midrange of its the dividend payout ratio.last_img read more

Chief forester says no change in Fort St John Timber Supply Area

first_imgFORT ST. JOHN, B.C. — B.C.’s chief forester Diane Nicholls announced today that the allowable annual cut for the Fort St. John Timber Supply Area will remain at 2,115,000 cubic metres.Nicholls said that the new allowable annual cut level will be partitioned into two allowable levels for deciduous and coniferous trees. The cut level for conifers is 1.2 million cubic metres per year, with a maximum of 672,000 cubic metres from the core area – the southern and central part of the TSA. Within the core area, spruce should comprise no more than 50 percent of the conifer volume.A total of 915,000 cubic metres of deciduous species trees will be allowed to be harvested, with a maximum of 512,000 cubic metres annually coming from the central and southern core area. “By maintaining the Fort St. John allowable annual cut, while limiting the amount and species of timber harvested from the southern and central portion of the TSA, I’m confident my decision supports the sustainability of the timber supply,” said Nicholls.She said that the partitions address public and First Nations concerns that timber harvesting is concentrated in the core area of the TSA and impacts wildlife habitat. The chief forester’s determination takes into account winter range for ungulates, including boreal caribou, mountain caribou and Stone’s sheep, as well as habitat requirements for other wildlife, which are managed by excluding or limiting harvest in wildlife habitat areas.The leading tree species are white spruce, lodgepole pine, aspen and black spruce. There are also minor amounts of subalpine fir, birch, balsam poplar and larch present. The Fort St. John TSA covers about 4.6 million hectares in the northeast corner of B.C., and includes the communities of Fort St. John, Taylor, and Hudson’s Hope. There are two sawmills and one oriented strand board facility currently operating in the Supply Area.In the western portion of the timber supply area, the Muskwa-Kechika Management Area contains protected areas and special management zones that maintain wilderness and wildlife habitat areas.last_img read more

The 2015 World Press Freedom Ranking Does Not Reflect Reality in…

Rabat – Morocco’s recent ranking in the Reporters Without Borders (RWB) 2015 World Press Freedom Index does not reflect the reality of press freedom in our country, Communication Minister and Government Spokesperson Mustapha El Khalfi said on Thursday in Rabat. The Kingdom rose six positions in the RWB 2015 World Press Freedom Index from 136th last year to 130th this year out of 180 countries. The non-profit organizations hailed the Moroccan government’s attempts to overhaul media legislation. However, Mustapha El Khalfi, who was speaking to the Press following the weekly cabinet meeting, said that the reality of press freedom in Morocco remains “significantly ahead of the ranking provided by these reports.” El Khalfi told the press that the RWB ranking reflects little bit of fairness, mainly because no journalist was sentenced to prison in 2014. He added that half the press-related cases last year were found not guilty while the other half was ruled to pay very moderate fines.  The Communication Minister also said that Morocco has adopted “effective policies” to guarantee strict legal safeguards to protect journalists from attacks. In addition, the kingdom has adopted judicial protection of confidentiality of sources and the removal of prison sentences for journalists and replacing them with moderate fines. RWB said in its annual report that although the kingdom rose slightly in the 2015 Index, “the freedom of information in Morocco is still constrained both in current practice and in the proposed legislation by the red lines forbidding coverage of the monarchy, Islam and territorial issues, and by the criminalization of blasphemy.” read more

SecretaryGeneral urges end to deadly violence in Somalia

“The Secretary-General is gravely concerned about the continuing heavy fighting in Mogadishu, which has reportedly killed more than 250 people and forced more than 320,000 from their homes in the past six days alone,” spokesman Michele Montas told reporters in New York.“He deplores the reported indiscriminate use of heavy weapons against civilian population centres, which is in disregard of international humanitarian law,” she added in a statement.Mr. Ban called on the parties to “immediately cease all hostilities and to facilitate access for the delivery of urgently needed humanitarian assistance,” reiterating that there is no military solution to the Somali conflict and renewing his call for an urgent resumption of political dialogue.UN agencies warned last week that efforts to deliver relief aid to Somalis in need are being hampered by the security situation in the capital, and warned of a looming humanitarian crisis there.In December 2006, the Transitional Federal Government (TFG), backed by Ethiopian forces, dislodged the Union of Islamic Courts (UIC) from Mogadishu and much of the rest of the country, which has not had a functioning government since 1991. 23 April 2007United Nations Secretary-General Ban Ki-moon today called for an end to the violence raging in Somalia, where hundreds of people have been killed and hundreds of thousands of others forced to flee their homes in recent days. read more

Sri Lanka not happy with patronizing attitudes

Minister Peiris said that it is Sri Lanka’s earnest effort, after the defeat of terrorism, to develop in an inclusive spirit structures fulfilling the special needs of Sri Lankan society. The government says that while collaboration on the basis of equality and mutual respect is always welcome, it does not consider helpful patronizing attitudes leading to attempts at external intervention.External Affairs Minister G.L Peiris said this during a meeting with Ms. Maite Nkoana-Mashabane, Minister of International Relations and Co-operation of the Republic of South Africa, the External Affairs Ministry said today. Peiris drew attention to a prominent characteristic of the South African experience, with special value to Sri Lanka: namely, the deliberate decision to dispense with external mediation or facilitation in any form, and to rely instead on local creativity and resourcefulness. He recalled the observation made to him many years ago by Mr.Roelf Meyer, the chief negotiator with the African National Congress and the Minister of Defence in the Government of former South African President F.W.de Klerk, that this decision was based on the conviction –strongly held by both sides– that no external actor could possibly have the intensity of commitment of the South African people collectively, to find a solution which is equitable and would stand the test of time. This belief is amply vindicated by Sri Lanka’s own experience, the Minister observed. read more

TSB investigators at trainbus crash site

Transportation Safety Board investigators have returned to the site of that deadly crash between a VIA Rail train and an Ottawa city bus.The TSB says the investigators are there to collect new data asthey try to figure out what caused the collision earlier this month.Investigators are examining potential factors that could haveaffected the bus driver’s perception and decision-making in themoments before the crash.Six people died and more than 30 were injured when the bus slammed into the train after going through a safety barricade on September 18.Halton, Oakville and Toronto police will conduct a campaign next week to try to educate drivers about railway crossings. Officers will be stopping traffic at level rail crossings to talkto drivers and pedestrians and hand out material about railway safety. 00:00:00 | 00:00:00::Projekktor V1.3.09 read more

Pathstone and Brock working to provide improved understanding of childhood mental health

A new partnership between two Niagara organizations will mean a direct connection between the people conducting leading-edge research on child mental health and the caregivers who work with families dealing with related issues.Pathstone Mental Health and Brock University signed a Memorandum of Understanding (MOU) on Friday, March 22 that solidifies a collaboration that will positively impact children suffering with mental health in Niagara and beyond.Brock Child and Youth Studies master’s student Carolynn Hare shows fourth-year Child and Youth Studies and Psychology student Dana Kalil equipment at Pathstone Mental Health that will allow Brock researchers to analyze electroencephalogram data.“This partnership with Brock University will have a far-reaching impact and it will provide mutual benefits to the well-being of the Niagara community,” said Shaun Baylis, CEO, Pathstone Mental Health. “It creates the opportunity for co-developed research to advance brain health knowledge, and to crystalize our existing supportive and collaborative relationship.”Friday’s announcement took place at Pathstone’s Branscombe Mental Health Centre in St. Catharines, where Brock faculty members and students have been provided with office and lab space, giving them direct access to children and families interested in participating in groundbreaking research.“These collaborations with partner organizations are critically important to the health and well-being of our Niagara community,” said Brock President Gervan Fearon. “This collaboration will provide our students with invaluable hands-on experience as they work alongside Pathstone’s team of support workers and clinicians.”Together with their undergraduate and graduate student research teams, Brock professors have started, or are about to begin a number of important research initiatives:Associate Professor of Psychology and Director of Neuroscience Dawn Good and PhD candidate Caitlin Gallant are researching the neuropsychological and socioemotional factors that predict the severity and complexity of mental health challenges in children and youth.Professor of Psychology Sid Segalowitz and Associate Professor of Child and Youth Studies Ayda Tekok-Kilic, along with a number of students, are using an electroencephalogram (EEG) installed at Pathstone to study anxiety disorders and ADHD. By examining brain activity, researchers are able to evaluate in what way interventions are effective when appearing to use standard psychological measures.Professor of Recreation and Leisure Studies Colleen Hood and PhD student Lauren Cripps are examining the impact of therapeutic recreation intervention designed to support the development of positive identity for youth with mental health challenges.Associate Professor of Psychology Angela Book and PhD student Nathalie Gauthier are examining factors around anti-social behaviour and specifically looking at how parenting style may mitigate the effect of childhood adversity on these behaviours.Associate Professor of Child and Youth Studies Tricia Vause is launching a project evaluating the benefits of blending behaviour therapy with recreational dance to equip children with coping strategies while giving them the added benefit of improved motor skills, self-esteem and helping them form new friendships.A collaboration between Professor of Linguistics Gary Libben, Professors Tekok-Kilic, Segalowitz, and their students and postdocs will develop an EEG tool for assessing reactivity to common words with negative/positive versus neutral connotations (such as ‘destroy’ vs ‘build’ vs ‘change’) to assess vocabulary and emotional reactivity in children and youth with psychological challenges.In addition, Brock’s Faculty of Education is working with Pathstone to develop a training program aimed at helping teachers deal with complex mental health issues in the classroom.Segalowitz, Director of Brock’s Centre for Lifespan Development Research, which has worked with Pathstone for a number of years, said the MOU also offers Brock students across various faculties unique opportunities for experiential education.“Students are often very interested in clinical issues, but to get involved in clinical research is sometimes difficult and certainly you need a special kind of partnership,” he said. “With this partnership, we’ll be able to boost their career development in this direction in ways we haven’t been able to in the past.”Bill Helmeczi, Pathstone Director of Strategic Planning, Standards and Practices, called it a dynamic and positive partnership.“The research presents great opportunities not only for Pathstone staff and Brock faculty, but also the entire Niagara community,” he said. “By bringing clinical staff together with researchers, I think we can build a dynamic research program that fosters a great deal of benefit as researchers become more aware of the specific challenges we face in dealing with children’s mental health in the region.” read more

10man Brighton beats fierce rival Palace 31 in EPL

BRIGHTON, England — Brighton shrugged off the first-half dismissal of Shane Duffy to ease to a 3-1 home victory over fierce local rival Crystal Palace in the Premier League on Tuesday.The centre back was given a straight red card for thrusting his head into Palace defender Patrick van Aanholt in the 28th minute, with Brighton 1-0 ahead at that stage through Glenn Murray’s penalty.Despite being a man down, Brighton stretched its lead to 3-0 thanks to goals by Leon Balogun and Florin Andone before halftime. Balogun, who came on as a substitute following Duffy’s dismissal, scored after being on the field for just 25 seconds.Luka Milivojevic pulled a goal back from the penalty spot after Wilfried Zaha was fouled, but Brighton won for the second time in four days and moved into the league’s top 10. Palace stayed only three points above the relegation zone.___More AP English soccer:https://apnews.com/tag/PremierLeague andhttps://twitter.com/AP_SportsThe Associated Press read more

An update on coal fundamentals from Peabody Energy

first_imgLast week Peabody Energy offered an update on coal fundamentals and its positioning given recent global and domestic industry events. “We believe there is a fundamental mismatch in early reporting regarding China’s new coal quality policies relative to the emerging view of its likely beneficial effects on Australian high-quality coal exports,” said Peabody Energy Chairman and CEO Gregory H. Boyce. “In addition, global announcements of metallurgical coal supply reductions continue to build, and we have seen a sharp increase in Indian thermal coal imports in recent months.  And in the US, Peabody is encouraged by recent Southern Powder River Basin coal supply agreements that are being signed well above those of published indices, as customers end the summer with stockpiles at their lowest levels in nine years.”Regarding global coal, Peabody joins other Australian producers in believing that emerging Chinese policies regarding thermal coal qualities are likely to benefit Australian coal exports due to Australia’s superior coal qualities. Based on current information, Peabody expects China’s recent policy to have no negative impact on the company’s coal export volumes.  Also, the most restrictive aspects appear to apply to a limited number of coal users that lack emissions controls.  The policies also are expected to reduce China’s domestic coal supplies, which could lead to greater imports of higher-quality thermal coals.  Peabody applauds China’s continuing actions to address emissions by greatly increasing demand for coal within power plants with control technologies, while reducing coal for use in direct applications that are emissions intensive.In India, thermal coal imports are rising faster than expected. More than half of India’s power plants report less than seven days of coal supply, leading to increases in India coal imports in both July and August over prior-year levels.  Domestic supplies remain challenged, and the new government has expressed continued interest in advancing policies to drive far greater electricity access going forward.Regarding metallurgical coal fundamentals, the company is encouraged by recent China stimulus measures and steel production. Following a weaker August, early September China steel production is up more than 7%.  In addition, announced global metallurgical coal supply reductions are continuing.  Peabody has raised its estimate of industry supply reductions; approximately 25 to 30 Mt of metallurgical coal reductions have been announced in 2014, representing nearly 10% of the seaborne supply.  Metallurgical coal fundamentals are expected to improve as the majority of these announced reductions would be realized over the next two quarters.In the US, Peabody expects its third quarter Powder River Basin shipments will be above second quarter levels on improving rail performance. Monthly shipments improved throughout the summer and are benefiting from greater investments by carriers.  Powder River Basin demand remains strong as it is competitively advantaged to natural gas generation at gas prices above $2.50 to $2.75/mmBtu, and improving rail performance is expected to result in higher Powder River Basin demand in 2015.Peabody anticipates 2015 Powder River Basin revenues per ton to be higher than 2014 realisations due to strong contracting strategies built on layering in sales at attractive price levels. Based on recent transactions, Peabody is now signing Powder River Basin contracts at materially higher levels than published indices that are not reflective of physical markets.Peabody Energy is the world’s largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. The company serves metallurgical and thermal coal customers in more than 25 countries on six continents.The picture relates to Peabody Energy and China’s Shenhua Group entering into an agreement to create Sino-Pacific Coal Trading Corp, a Singapore-based joint-venture company that will supply Shenhua’s growing coal import demand with thermal coal from Peabody’s platform.last_img read more

Barrick and Shandong complete formation of joint venture at Veladero mine

first_imgBarrick Gold Corp has completed the sale of a 50% interest in the Veladero mine in San Juan province, Argentina to Shandong Gold Mining Co for $960 million. The formation of a 50/50 joint venture at Veladero is the first of three steps outlined in a strategic cooperation agreement signed by Barrick and Shandong Gold Group Co on April 6. In keeping with the second step in the agreement, the two companies have also formed a working group to explore the joint development of the Pascua-Lama deposit. As a third step, Barrick and Shandong will evaluate additional investment opportunities on the highly prospective El Indio Gold Belt on the border of Argentina and Chile. Proceeds from the sale of 50% of Veladero will be used primarily to reduce debt.Veladero mine is located in the highly prospective Frontera District. The property is located at elevations of 4,000 to 4,850 m above sea level, some 374 km northwest of the city of San Juan. It is a conventional open-pit operation where ore is crushed by a two-stage crushing process and transported via overland conveyor and trucks to the leach pad area. Run-of-mine ore is trucked directly to the valley-fill leach pad.Veladero produced 544,000 oz of gold in 2016, at a cost of sales of $872/oz, and all-in sustaining costs of $769/oz. Proven and Probable mineral reserves as of December 31, 2016, were 6.7 Moz of gold2 (252 Mt, grading 0.83 g/t Au). Gold production in 2017 is expected to be 630,000-730,000 oz (100% basis), at a cost of sales of $740-$790/oz, and all-in sustaining costs of $890-$990/oz.CIBC World Markets acted as financial advisor to Barrick, Davies Ward Phillips & Vineberg acted as legal counsel.Headquartered in Jinan, Shandong province, China, Shandong Gold Group was founded in 1996 and today has 23,000 employees. Shandong Gold Mining Co was listed on the Shanghai Stock Exchange in 2003. Shandong Gold Group produced approximately 1.2 Moz of gold in 2016, and is the only mining company in China to be named a ‘National Environmentally Friendly Enterprise’ by the Chinese government.last_img read more

Joe Schmidt expecting IRFU decision on Ireland job next week

first_imgJOE SCHMIDT SAYS he expects to hear back from Irish rugby bosses by the end of next week after his interview with the IRFU in recent days.The Leinster boss is the favourite to succeed Declan Kidney as national team boss.“We had a really good chat,” Schmidt said on the Late Late show tonight, where he appeared to talk about his nine-year-old son’s experience of epilepsy.“To be honest they know me pretty well and I know them pretty well. We probably know each other too well and neither of us are sure about it. But yeah whoever gets the job it’s a super job. It’s one of the big jobs in rugby and for me one of the things that it would allow is… week to week it’s a seven-day working week for me at the moment.“Just with a national team when the team are in camp it’s very, very busy but it would give me a little bit of flexible time and available time to help and support Luke and certainly my wife in looking after him.”Asked when he expects a decision from the union, the two-time Heineken Cup winner added: “I think toward the end of next week. I know it won’t be long because for me I made a commitment to Leinster and I did say to them that I was fully committed to that and prepared to continue with that but they have encouraged me to at least engage in the conversations and we’ll see what comes of it.Check out Epilepsy Ireland here.Pro12 report: Ulster maintain pace at summit with bonus point in ConnachtBrian O’Driscoll thinks Henry Shefflin is Ireland’s greatest ever athletelast_img read more

Eyes always hurting after looking at a screen This will help ease

first_img Source: F.lux/WindowsIt’s also very easy to set up. Once you put in your location, it will automatically set it so it will be a certain tint during the day and during the night. You can change this anytime you want in case you feel the change isn’t enough to give your eyes a rest. Source: F.lux/WindowsThe best part is you won’t even realise it’s there until you revert back to traditional settings, or if the temperature changes drastically during night-time.It won’t change your life, and if colour plays a mayor part in what you do, you may find the temperature change annoying, but if you spend much of your time working on a computer, it’s worth giving it a try to see if it helps.(F.lux for Windows, Mac and Linux)Read: 25,000 people join privacy lawsuit against Facebook >Read: How an empty crisp packet could be used to listen in on a conversation > IT’S PROBABLY SAFE to assume that many of us look at a screen for prolonged periods every day.Whether it’s because of work or you’re just passing the time, the glare of a screen can be quite harsh on your eyes, especially if you’re looking at it during the night-time.You could reduce your monitor’s brightness, which helps to a degree, but that’s not much good if you can’t see what’s happening on screen.F.lux is a simple programme which instead of adjusting the brightness, it adjusts the colour temperature of your display. By replacing the blue glow with an orange tint – how strong the tint is depends on your settings – it’s can help reduce eye strain.last_img read more

Anger among TDs as FAI fail to follow through with answers to

first_img Tweet thisShare on FacebookEmail this article Share23 Tweet Email1 THE FAI HAVE so far failed to respond to the members of the Joint Oireachtas Committee on Sport to whom they had promised answers to questions they were unable to answer during Wednesday’s meeting. The FAI responded to eight separate questions at the meeting by saying they would return with an answer afterward, but no responses had been sent to the politicians who posed the questions or the office of Committee Chair Fergus O’Dowd as of 4.30pm on Friday afternoon. One of the questions was posed by Sinn Féin TD Jonathan O’Brien, who asked if the €100,000 bridging loan provided by then-CEO John Delaney in April 2017 had been recorded in the FAI’s monthly financial account.President Donal Conway replied during the meeting that “I will establish that if I am given time”, and when asked by Deputy O’Brien how much time he needed, Conway replied “When I finish here this evening, I will get it sorted for the Deputy tomorrow.” Conway missed his self-imposed deadline, and speaking to The42 on Friday afternoon, Deputy O’Brien confirmed he has yet to be contacted by the FAI or Conway himself. “No they haven’t.“To be honest I’m not expecting him to. He gave a commitment at the meeting that he’d get back to me the following day in relation to a financial question. Apr 12th 2019, 5:58 PM https://the42.ie/4589542 He hasn’t got back to me yet. I don’t think that’s really helpful. First of all he couldn’t answer the question for the Committee, which isn’t acceptable, and it certainly isn’t acceptable that he said he would get back to me the following day and doesn’t.“It just shows the level of contempt they have for the Committee and the Oireachtas members, in my opinion.“I’m not expecting them to be in touch anytime soon.” The FAI delegation did not specify a deadline for response to another seven outstanding questions. A second question posed by Deputy O’Brien, as to whether the stub relating to the €100,000 cheque lodged to the FAI’s main bank account by John Delaney in 2017 was part of the Association’s annual audit, has also yet to elicit a response from the Association, with Conway saying during the meeting that the FAI would “see whether we can revert with an answer.” Elsewhere, Fine Gael TD Noel Rock has yet to receive a response to the questions he posed.Deputy Rock asked three questions to which he was assured a response: whether the FAI discharge PAYE tax bills in a timely fashion; whether the FAI have always had an active tax clearance certificate; and how the FAI’s bank overdraft had been reduced from €1.9 million in 2015 to €1.5 million in 2017. On the latter of those questions, Donal Conway told Deputy Rock that he would attempt to get an answer for him during the next scheduled break in proceedings.He didn’t manage to do so, although the FAI’s Finance Director Alex O’Connell did return with an answer to an earlier query by Deputy Rock in relation to what comprised a figure of €430,000 in the FAI’s accounts for 2016. Rock confirmed to The42 today that he had yet to receive a response from the FAI to his questions, and said that it is “unusual” that the FAI have yet to supply answers to the questions asked. Another question posed by TD Ruth Coppinger, asking “how many of the 20 clubs at senior level are entirely free of bank, director or shareholder debt” was responded to by interim CEO Rea Walshe, who said she would “check that and come back to the Deputy”. Coppinger confirmed to The42 that she has not heard from the FAI since Wednesday, and added that she’s “not holding her breath”.  Elsewhere, TD Robert Troy confirmed to The42 that he has yet to receive a response to his question as to who in the FAI signed off on the publishing of an 18 March statement in relation to the €100,000 loan, which incorrectly claimed that “the Board of the FAI has been kept fully informed in relation to this matter at all times”. When asked for a response, the FAI’s Director of Communications Cathal Dervan told Troy that he was “quite happy to come back to you with an answer to that question after I return to Abbottstown”, where the FAI offices are located. It was revealed during the Committee meeting that only three members of the Board – then-CEO John Delaney, then-president Tony Fitzgerald and then-Honorary Secretary Michael Cody – knew of the loan at the time it was issued by Delaney in April 2017. The rest of the Board were informed of the issue on 4 March this year. Finally, Senator Mark Daly confirmed to The42 that he has yet to receive a reply to his question of FAI Finance Director Alex O’Connell. Senator Daly asked O’Connell how much money was available in the 12 FAI bank accounts that are separate to the main account – which has an overdraft facility and required Delaney’s loan when a cash flow issue threatened to cause a breach of that overdraft – at the time the loan was made. O’Connell said he did not have the answer to hand, and said that “ It is an issue on which we could revert to the committee.” Daly responded in the meeting by saying that “it seems that the association will have to revert to the committee on many issues.”The FAI did not respond to The42′s request for comment on Friday.   The FAI delegation arrives to Wednesday’s meeting with an Oireachtas Committee on Sport. Image: Laszlo Geczo/INPHOcenter_img 19,569 Views 36 Comments Anger among TDs as FAI fail to follow through with answers to Oireachtas questions Jonathan O’Brien says the FAI’s failure to respond to him by their agreed deadline ‘shows the level of contempt they have for the Committee and the Oireachtas members.’ By Gavin Cooney Friday 12 Apr 2019, 5:58 PM The FAI delegation arrives to Wednesday’s meeting with an Oireachtas Committee on Sport. Image: Laszlo Geczo/INPHO Short URLlast_img read more

In security aboutface Zoom will patch videoconferencing app

first_img Tags 0 The conversation with the @zoom_us CEO in the ‘Party Chat’ was incredibly productive. It felt like an about face on their previous position on this #vulnerability. It’s really encouraging to see a CEO willing to jump into a call with a bunch of strangers to take responsibility.— Jonathan Leitschuh (@JLLeitschuh) July 9, 2019 Share your voice Post a commentcenter_img Zoom will also have a release on Friday that addresses having video on by default. The release will let first-time users who click on the “Always turn off my video” box have their video preference saved automatically. Returning users can also update their preferences using Zoom client settings so videos are off by default.  Zoom will remove the local web server on Mac devices as part of a patch. Sarah Tew/CNET Zoom is rolling out a patch Tuesday after a security flaw allowed websites to join users to video calls without permission. As part of the patch, the company will completely remove the local web server on Mac devices.The security flaw, which security researcher Jonathan Leitschuh flagged in a Medium post on Monday, also activated Mac webcams without permission. Zoom will stop using a local web server on Macs once the Zoom client is updated.The company will also add an option to its menu bar that lets users manually uninstall the Zoom client, including the locally installed web server — website hosting software that browsers ordinarily traverse the internet to use. After the patch is deployed, users will see a menu option saying Uninstall Zoom, which’ll completely remove Zoom from the device and a person’s saved settings, the company said. In an earlier update Tuesday morning, Zoom said it didn’t “currently have an easy way to help a user delete both the Zoom client and also the Zoom local web server app on Mac that launches our client.” Instead, the company said, users needed to manually locate and delete those apps until it rolls out a new Uninstaller App for Mac to help them delete the apps. The change of heart came after a response Monday that said Zoom installed the web server to make it easier to launch its videoconferencing service. Others do the same, it said in the justification it’s now abandoned.Leitschuh tweeted about the update Tuesday, saying, “The conversation with the @zoom_us CEO in the ‘Party Chat’ was incredibly productive. It felt like an about face on their previous position on this #vulnerability. It’s really encouraging to see a CEO willing to jump into a call with a bunch of strangers to take responsibility.” Computerslast_img read more

Lucky Charms Is Giving Away Boxes of Rare MarshmallowOnly Cereal

first_img Love Lucky Charms but hate fishing out cereal clusters from a sea of rainbow marshmallows? You’re in luck: Lucky Charms is giving away 15,000 boxes of rare “marshmallow-only” bits for a limited time.General Mills, the manufacturer of Lucky Charms, recently announced the marshmallow-only box return in a blog post. The company first introduced the marshmallow-only box in 2015 with 10 winners and in 2017, teased the limited-edition product again with a 10,000-box giveaway. This time, the box will be filled with rainbow and unicorn marshmallow bits, so you won’t have to worry about the pesky cereal part.So, why unicorns this year? The fantasy animal is a hot trend in American culture and food at the moment, which was why Lucky Charms decided to add this “magical” component to its marshmallow-only box.AdChoices广告“People love rainbows and unicorns right now. Unicorn apparel and accessories are everywhere. And, rainbows just match so nicely with unicorns,” Jake Coldren, Lucky Charms’ marketing communications manager, said in the press release. “It’s this wonderful little pairing between the two of them that we think folks are really going to like it.”Join the club! Enter for a chance to win 1 of 15,000 boxes of Rainbow & Unicorn Marshmallow Only Lucky Charms! #MarshmallowOnlyClub #LuckyCharmsDetails: https://t.co/SwV92MO3ZqRules: https://t.co/yCxjNN1uKe pic.twitter.com/r1r5DHLHJf— Lucky Charms (@LuckyCharms) March 18, 2019Entering the Lucky Charms giveaway is easy: Customers can find a code located inside their specially-marked Lucky Charms box and check it on this website to see if they’re a winner. Lucky fans won’t only get a box of rare marshmallow-only bits though: They’ll become official members of the Lucky Charms Marshmallow Only Club and receive a very colorful membership card.For more details on the Lucky Charms marshmallow-only box giveaway, visit Lucky Charms’ website.More on Geek.com:Finally, Someone Made a Beer That Tastes Like Lucky CharmsPeeps Get a ‘Scientific Makeover’ in Cool Diorama Contest‘SNL’ Momo Sketch Reveals Creepy Fried Chicken Chain Mascot Stay on target Elon Musk’s Cheeky ‘Nuke Mars!’ Post Is Taking Over TwitterA ‘Star Wars: Galaxy’s Edge’-Themed Cookbook Is Coming This Fall last_img read more

Top Stories

first_img Top Stories Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona opened training camp last Saturday, and went to full pads for the first time Monday. Arizona Cardinals head coach Bruce Arians. His team went 11-5 last season, earning a playoff berth for the first time since 2010. (AP Photo/Matt York)center_img That said, his role will still be crucial next season.“There are no days off,” Arians said. “If I take a day off on Wednesday, I missed half our game plan. Those plays don’t get repeated. We’re going to Thursday football, to Friday football to Saturday, then we play the game.“We have to respect that process of coming to work every single day, and our guys have really bought in.”The Cardinals have won 21 games in Arians’ two seasons as head coach, earning NFL Coach of the Year honors and making the playoffs in 2014.After making the playoffs as a wild card team last season Arians emphasized the importance of winning the NFC West this year.“We got to win the division,” Arians said. “We played right here in this building for the NFC West championship last year (against Seattle) and didn’t play well. Didn’t show up on either side of the ball. We could make all kinds of excuses about big guys getting hurt, but there are no excuses. We didn’t play well enough.“Hopefully we taste that, we know we can get back to that point and get the job done. Seattle is still the team to beat. The Rams are getting better every year. Nick Foles is a heck of a quarterback. The Niners scare me because everybody is counting them out and Jim Tomsula is a heck of a coach.” Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   Arizona Cardinals head coach Bruce Arians wants veteran leadership to be more vocal this season, even more so than himself.Arians told Off The Edge with B-Train of Arizona Sports 98.7 FM Monday that the Cardinals will rely more on their veterans in 2015.“Basically this is not my team,” Arians said. “It’s (the veterans’) team. We’ll be as good as you want to be. Talent is not the issue. You weren’t that far from the Super Bowl when I took over. Get a quarterback, get two quarterbacks. (General manager) Steve Keim has done an unbelievable job adding personnel to this roster.”last_img read more

School defends expulsion of Wade family friend

first_imgSchool defends expulsion of Wade family friend by The Associated Press Posted Dec 14, 2018 7:01 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Emailcenter_img PLANTATION, Fla. — A South Florida prep school at the centre of a dispute over the expulsion of a student who is friends with NBA star Dwayne Wade and actress Gabrielle Union says its handbook explicitly states that any student who uses profanity toward a staff member will be expelled.Wade and Union released a statement Thursday supporting senior Cyrus Nance, who was a basketball player at American Heritage High in Plantation, Florida. He was expelled last month after a verbal altercation with a coach of another team at the school. Wade’s son also plays at the school.Nance’s attorney, Benjamin Crump, says discrimination was involved in the expulsion.The school said in a statement Friday those allegations are untrue.The school says their investigation shows the evidence supports the school’s disciplinary action.The Associated Presslast_img read more