Sunman, In. — Indiana Conservation officers are investigating an off-road vehicle crash that seriously injured a 14-year-old in the Sunman area.A report from the Indiana Department of Natural Resources says at 2:30 p.m. Saturday the youth was operating the vehicle in the 22000 block of Shale Road without a helmet when he lost control and hit a tree. The impact threw the teen about eight feet away into a creek. Witnesses pulled the ten from the creek and called 911.The victim is being treated at Cincinnati Children’s Hospital for unknown injuries.
Shanghai, China | AFP | A Chinese conglomerate has won the rights to broadcast the English Premier League in China for three years, it said Friday, with reports putting the deal’s value at $650 million.The contract would represent a huge uplift on the previous contract as Chinese money pours into football, including major investments in England, and businesses rush to support President Xi Jinping’s national footballing ambitions.“The feedback that the board of the English Premier League gave us is that we have won the bid” to broadcast the English Premier League from 2019 to 2022, a spokesman for Suning Holdings’s PPTV unit told AFP.The exclusive media rights cover mainland China and its special administrative region Macau, a Suning spokeswoman said, adding they still have paperwork to sign before making an official announcement.PPTV is an online streaming platform under the sports arm of the Suning Holdings company, which paid 270 million euros (then $306 million) in June for a majority stake of Inter Milan.It also owns Chinese Super League club Jiangsu Suning, which twice broke the Asian transfer record this year to sign Ramires from Chelsea for 28 million euros and Shakhtar Donetsk’s Alex Teixeira for 50 million euros.The three-year TV rights were worth more than $650 million, Bloomberg News reported, marking a 12-fold increase on the current contract due to intense competition for the rights.Friday’s announcement by PPTV came soon after the start of a new Premier League television rights cycle, which has generated some £8.3 billion ($10 billion) worldwide through 2019. In the United States, leading terrestrial television network NBC signed a $1 billion six-year deal for the American rights through to 2022.PPTV’s entry into the Premier League broadcast rights market follows huge Chinese investment into English football clubs of more than £500 million ($668 million) since December 2015.The impact has been greatest in the Midlands where Premier League West Bromwich Albion and second-tier Aston Villa, Birmingham City and Wolverhampton Wanderers are now all owned by Chinese businessman or corporations.Last month, a Chinese consortium struck a preliminary agreement to buy Premier League Hull City for £130 million ($159 million), conditional on approval by English football authorities.But the investment is not limited to outright control, with the Chinese’s government’s 13 percent stake in Abu Dhabi-controlled Premier League giants Manchester City one of a number of shareholdings in English clubs.Chinese firms have spent lavishly this year on football clubs, players, and broadcasting rights in an effort to diversify their businesses and aid Xi’s dream of making China into a global centre of gravity for the sport.Xi is a known football fan and in 2011 — when he was then vice president — he laid out three hopes for China’s soccer future: to qualify for another World Cup, to host a World Cup and to win a World Cup.Sport planners hope to turn China into a “world football superpower” by 2050, with a target of 50 million people playing the game by 2020, according to a plan published by the Chinese Football Association in April.Share on: WhatsApp
A plane belly-flopped onto the middle of Federal Highway in Hobe Sound with three souls on board Friday morning.Fortunatley, according to the Martin County Sheriff’s office, no one was hurt.Investigators said the plane had engine trouble and made a belly landing with no landing gear deployed.The scene is causing backups along Federal Highway and Bridge Road near Jonathan Dickinson State Park.
The Broward County Sheriff’s Office have arrested a 12-year-old girl who reportedly used her social media account to threaten to kill several students at her middle school.The incident was reported Friday by a parent and a student of Falcon Cove Middle School.Officials say the young girl first posted a list of students who she would like to kill to her Snapchat. She then created a second post warning students that they would die on Monday.The child has since been arrested and faces two counts of making a written threat to kill and making a false report about a firearm.
The front will bring with it just a 20 percent chance of showers on Monday, and partly sunny to sunny skies through Tuesday. A chance of showers will return on Wednesday.The normal daytime high for this time of year in our region is 75 degrees, with an overnight low of 57.Northwest winds coming behind Monday’s front will increase winds on Tuesday, with gusts as high as 22 mph along the coast, in addition to hazardous ocean conditions and a high risk of rip currents at Palm Beach County beaches.Temperatures will begin to warm up again on Wednesday, with winds shifting from the east and a high near 70. Time to break out the jackets, sweaters, and extra blankets….for a few days, at least.A powerful cold front coming across South Florida through Monday will cause temperatures to plummet overnight into the 40s along the coast and into the 30s inland, where a wind chill advisory is possible.The front is forecast to put daytime highs on Tuesday at around 65 degrees in West Palm Beach.By Wednesday morning, we’ll wake up to temperatures in the upper 40s at the coast and the mid-40s in the western communities.Areas north and west of Lake Okeechobee could also feel temperatures in the upper 30s, and meteorologists with the National Weather Service say a wind chill advisory could be necessary.“While frost is not expected to be a concern since winds should stay around 10 mph or more overnight, a wind chill advisory will be possible for some of the interior portions of the area,” Miami meteorologists said in their Monday forecast.A wind chill advisory is issued whenever the feels-like temperature is 35 degrees or less and winds are above 5 mph for three hours or more.
When President Trump mentioned protecting gun rights, Guttenberg apparently yelled ‘what about the victims of gun violence, like my daughter.’Florida Democratic Congressman Ted Deutch tweeted that Guttenberg deserves an answer, and it’s shameful that the President is doing nothing about gun violence.Guttenberg was led out of the House of Representatives, receiving some applause from Democratic lawmakers on his way. Guttenberg has been pushing lawmakers to support background checks for buying bullets. pic.twitter.com/6SmYlrFjZw— Fred Guttenberg (@fred_guttenberg) February 5, 2020 Fred Guttenberg, who lost his daughter in the 2018 shooting a Marjory Stoneman Douglas High School in Parkland, was ejected from last night’s State of the Union address after an outburst.(2,2) That said, I should not have yelled out. I am thankful for the overwhelming support that I am receiving. However, I do owe my family and friends an apology. I have tried to conduct myself with dignity throughout this process and I will do better as I pursue gun safety.— Fred Guttenberg (@fred_guttenberg) February 5, 2020 He was invited to the speech by House Speaker Nancy Pelosi.
By John Burton and Joseph SapiaAs parents of some students prepare their children for the return to school, they will have to pack what could be a lifesaver for them – no matter what the cost.EpiPen is an auto-injector that provides an emergency dosage of Epinephrine in cases of severe allergic reactions and asthma attacks. These are administered when time is often of the essence, with these reactions often life-threatening.In recent weeks, however, Mylan, the pharmaceutical company that manufactures the trademarked EpiPen dispenser, announced a colossal price increase that has left many outraged.“It’s really a scam on the part of this company, how they’re taking advantage of people,” said Kathleen Altenburg-Largey of Middletown, a purchaser of the EpiPen.With its increase, the price of a two-pen set is now $608.61. When Mylan acquired the product in 2007 the cost to pharmacies was about $57, according to a drug cost database compiled by Elsevier Clinical Solutions, a health care provider trade association. With the EpiPen, “What you’re really buying is insurance,” Sagall said. Patients hope they will not need it.The pens also have a limited shelf life, “So, they expire within a few months of getting them,” said Altenburg-Largey. “You end up throwing them out, which really adds to the cost even more. It’s a waste.”Bresch has recently announced Mylan would be offering a discount card, which would be available to some based upon a financial needs test that also takes into consideration the patient’s insurance status. The company has also announced it’s planning to market a generic version in the foreseeable future.“I do suggest that people shop around,” Sagall advised. He suggested consumers check out competing pharmacies for the best possible price.There is already an alternative epinephrine auto-injector on the market that Rea suggests to clients. The cost, he said, is about $200 instead of the EpiPen $600-plus. Savings Solutions has been recommending that less expensive alternative for four years, according to Rea. “There are options available to folks,” he said.The debate has spilled over into the political arena, too. U.S. Rep. Frank Pallone (D- NJ), whose district includes portions of the Two River area and who is the ranking Democrat on the U.S. House of Representatives’ Energy and Commerce Committee, joined other committee members in sending a letter to Bresch. The committee is seeking information from Mylan justifying the product’s 400 percent price increase since 2007. The committee is hoping to schedule Congressional hearings on the matter sometime this month. Altenburg-Largey has to keep pens available for her own allergic reaction to bee stings and for her 18-year-old son, who suffers from severe food allergies. Thankfully, she explained, her health insurance has a good prescription plan. The pharmacy charged her insurance $1,391 for the pens she needed for the two of them, leaving her a $5 co-pay. “That’s insane,” she said.“And there have been times when I didn’t have the insurance and the cost was like, astronomical,” she said, at times forcing her to make tough choices and curtailing other necessary spending. “We only prescribe the pens for the most life-threatening allergic reactions,” noted Michael Marchetti, M.D., an emergency department attending physician at Bayshore Community Hospital, Holmdel. “It’s serious medicine. It’s not a medicine we prescribe lightly.”But it is a medication that is getting more widely prescribed, which Marchetti attributes to more awareness and education on the part of both doctors and patients. “That’s my perception…people are becoming smarter; doctors are more comfortable.”Marchetti had for the better part of two decades served as medical director for MONOC, the Monmouth Ocean Hospital Service Corporation, where he trained both basic lifesaving (BLS) and advanced lifesaving (ALS) technicians in how to use the EpiPens, among other training. A state law enacted a couple of years ago now allows BLS techs to use the item. Prior to the law only ALS-trained techs were allowed.And that led emergency services to up the number of pens each vehicle carries, creating more of a demand for them, Marchetti pointed out, suspecting that increase could be a contributor to rate hikes.“The EpiPen buys you time,” Marchetti explained. It’s a fast-acting medication “working in seconds instead of minutes or hours,” as other treatments, like steroids. It can help reduce swelling from anaphylactic shock, which can block victims’ air ways and drop blood pressure to dangerously low levels. “Without it, many could die,” he warned.Reuben Campos, Colts Neck, relies on the EpiPen to address his severe allergy to bee stings. Photo by Joseph SapiaReuben Campos, a Colts Neck farmer who works on his family-owned Sugar Loaf Hill Farm, found out about six years ago he was allergic to bee stings. “I found out the hard way. I had a bad reaction to it.”Last year while working he was stung by a bee and delayed using the medication. It was a burning, tingling sensation at first and then progressed to where he felt “awful heat, burning up. Then my throat started closing up, nausea.” He self-injected and was able to drive himself to the hospital where he was treated with steroids. “If I didn’t have the pen I don’t think I would have made it to the hospital,” he said.The last time he bought EpiPens it cost him about $170 for a set of two, with his health insurance helping (though he needs a prescription from a specialist to be covered). But he checked with his local drug store and found it would now cost him $745.“I really don’t have a choice,” he said, realizing, “I’ll have to save for it.”Calls to Mylan’s U.S. corporate communications offices at its headquarters in Canonsburg, Pennsylvania, were not returned. But Heather Bresch, the company’s chief financial officer, was widely quoted in media outlets as blaming the U.S. health care system, which she said is overly burdensome and complex and incentivizes higher prices all along the supply chain, including higher co-pays and deductibles.Whatever the cause or culprit, “People are concerned about how they’re going to cover the costs,” observed Richard Sagall, M.D. with NeedyMeds.Sagall is a physician and president of NeedyMeds, a national not-for-profit patient assistance program in Gloucester, Massachusetts. “I can tell you the number of calls we’ve been getting about the patient assistance program has gone up since this has all began,” Sagall said, a “significant increase.”“We are hearing a lot of outcry. People are not happy,” with the situation, said Michael Rea, CEO of Savings Solutions, Overland Park, Kansas. Savings Solutions is a national company which helps its clients find cost-saving measures for prescriptions and other medical care. “You can jack up the price 10 times and you know people are not going to say no,” Rea said of the situation for this and other life-sustaining medication. “They’ll do anything possible to afford it,” creating a built-in demand, he explained. On the legal front, this week New York State Attorney General Eric Schneiderman announced on Tuesday his office has begun an investigation into Mylan Pharmaceuticals, Inc. Schneiderman is alleging the company may have inserted anti-competitive language into sales contracts with New York public school districts. If that’s found to be the case, the Attorney General’s Office said, it could be a violation of anti-trust laws.
23 February 2012Business has welcomed Finance Minister Pravin Gordhan’s 2012 Budget, saying it rightly emphasized the need for a collaborative effort from all South Africans in working towards a growing, inclusive, job-rich economy against the backdrop of a weak global economic outlook.Business Unity South Africa (Busa) described the Budget as credible, broadly balanced and confidence-building, saying it was pleased with the central priority the Budget placed on the expanded infrastructure programme.“This initiative should not only aid in building modern infrastructure, but will also reduce poverty, create decent work and expand employment opportunities,” Busa said in a statement on Thursday.Need to be globally competitiveBusa was further pleased with the emphasis on the need for South Africa to be globally competitive, further tax relief for small business and micro-enterprises, and a simplified tax regime for SMMEs.It said the small and emerging business sector had the greatest potential for job creation.“We welcome as business additional allocations of R55.9-billion over the next three years and an additional R9.5-billion for an economic support package.“We also welcome the 43 major infrastructure projects and further detail on how they will be funded. In this vein, we look forward to the infrastructure summit which the President is planning to convene soon,” said Busa.Sars commended for raising R739-billionThe Banking Association of South Africa commended the South African Revenue Service for raising R739-billion under difficult economic conditions. “The national Budget has, for the first time, passed R1-trillion, highlighting the significant expenditure by government,” it said.The association said Gordhan had demonstrated visionary, honest and practical leadership.In his speech, Gordhan commented on the high banking costs in South Africa. The association said that, while increasing competition in the sector was leading to a more efficient sector with lower costs, had to be noted that South Africa had high broadband costs, costs of protecting cash and significant compliance costs.It said it was working with National Treasury in this regard.Dividends tax rate increase ‘a shock’Des Kruger, Director: Tax at Webber Wentzel law firm said that the increase in the dividends tax rate had come as a shock, given that all previous announcements and the law as it stands at present indicated a 10% rate.“The proposed 50% increase in the dividends tax rate to 15% so late in the day will no doubt cause considerable administration burdens on those companies and regulated intermediaries that have to account for the tax,” said Kruger.He added that foreigners owning property in South Africa would be adversely affected by the increase in inclusion capital gains tax (CGT) rates, because non-residents are required to pay CGT on the disposal of any immovable property owned by them in South Africa.However, Kruger did welcome the proposal to allow a deduction for interest incurred on the acquisition of shares to be deductible in certain circumstances.PKF chartered accountants and business advisers was surprised by the unexpected increase in the rate at which the new Dividends Tax was being levied at 15% – when 10% had been anticipated – and the increase in the rate of capital gains tax (CGT) from 10% to 13.3% for individuals, from 14% to 18.6% for companies and from 20% to 26.7% for trusts.‘High-income earners targeted’Eugene du Plessis, director of tax at the company said the Budget had hit the high net worth individual (HNWI) sector.“They are targeting the HNWI with measures that can only affect the wealthy, and by removing legitimate means of reducing their tax burden,” Du Plessis said.“While this is being viewed as ‘a more equitable means of spreading the load’, targeting the high proportion of their income that HNWIs earn from passive investments, in reality it is making South Africa such a high-tax country for the wealthy that there is little incentive for them to live here as opposed to more developed countries.”The coalition of the Congress of South African Trade Unions (Cosatu), the South African Council of Churches (SACC) and the South African Non-Governmental Organisation Coalition (Sangoco) said it welcomed that government spending would be increased to 32% of GDP in 2012/13.State ‘must learn to spend its allocations better’However, the coalition said, it was concerned at the capacity in national departments, provincial governments and local municipalities to spend the allocated amounts in a manner that will boost the industrial capacity of the economy and create decent jobs.The coalition, referred to as the People’s Budget Campaign (PBC), said it was concerned that the Budget deficit would decrease to 3% of GDP by 2014.“The unpredictability of the current economic crisis in Europe will continue to impact our economy negatively,” the PBC said. “It is therefore important for government to avoid decreasing the budget deficit over the MTEF and thus prevent our economy from deteriorating into a second-round recession.“Cutting deficit spending is simply not a sound economic measure given the global economic crisis and the triple crisis we continue to face at home.”While the coalition welcomed the allocation of infrastructure spend to the tune of R3.2-trillion over the three-year period, it said it must be complimented by the need to increase the capacity of the state to appropriately spend the allocated amounts.“We welcome the proposed establishment of the municipal infrastructure support agency that will enhance infrastructure development capacity of the rural municipalities.”The coalition said it rejected the proposed adjustments in tariffs by the minister regarding e-tolling in Gauteng to pay for the Gauteng Freeway Improvement Project.“The PBC rejects the continued reliance on user pay principle in the development of road infrastructure. We do not support e-tolling and call for a reliable, safe, affordable and integrated transport system,” it said, noting the acknowledgement made by Gordhan that the e-tolling system will have a negative impact on the road users in the province and workers in particular.The coalition said it was appalled that some learners were still being taught in mud houses, and demanded the elimination of them in the financial year. The Budget also failed to reduce teacher-learner ratios in the rural and township schools, it said.Source: BuaNews
9 March 2012 The Competition Appeal Court’s ruling on US retail giant Walmart’s $2.4-billion (R16.5-billion) acquisition of local retailer Massmart has been welcomed as balancing the need to project South Africa as investor-friendly while addressing concerns around small business and job creation. South Africa’s Competition Appeal Court on Friday dismissed an application by the state to overturn the Competition Tribunal’s approval, with conditions, of Walmart’s 51% takeover of Massmart. The government had asked the court to decide whether public-interest concerns – over the merger’s impact on employment and small businesses – justified more stringent conditions on the deal than those laid down by the Competition Tribunal when it approved the deal in June 2011.Experts to assess small supplier development programme Judge Dennis Davis said on Friday that “there was insufficient evidence to conclude that the detrimental effects of the merger would outweigh the clear benefits to consumers”. At the same time, the court ordered that an expert study be carried out on the R100-million development programme for small and medium suppliers that the Competition Tribunal laid down as a condition for the merger. According to the ruling, three experts – one appointed by the government, one by organised labour, and one by the two merging retailers – will be given two months to report to the court on ways in which small and medium suppliers can participate in and benefit from Wal-Mart’s global value chain.Government welcomes court’s solution Trade and Industry Minister Rob Davies told a press briefing in Cape Town following the court’s verdict that the government welcomed the judgement in that it endorsed issues around employment. He said the government thought this “a well thought-out process, to come up with a solution in which we participate and find an evidence-based way in dealing with this particular merger in such a way that it ends up with positive inputs.” Economic Development Minister Ebrahim Patel said the government would still be taking legal advice on the issue, “but on a preliminary reading it does seem to us that we have a forum that is very creatively structured, an innovative forum”. Regarding the state’s objection to the merger and whether this would send out an anti-investor message, Davies said the government’s concerns were specific to the transaction, and would have been exactly the same had both companies been South African-owned. “This is not a general statement on our position on foreign investment. We continue to work with foreign investors,” Davies said, adding that it was both incorrect and misleading to say that government departments were negative towards foreign direct investment in the country. Business Unity South Africa, meanwhile, welcomed the decision as successfully balancing the need to project South Africa as an investor-friendly economy while addressing concerns around job losses and the role of small and medium suppliers. SAinfo reporter and BuaNews
TagsTransfersAbout the authorFreddie TaylorShare the loveHave your say Man Utd legend Neville names Pochettino as ‘ideal’ Mourinho replacementby Freddie Taylor10 months agoSend to a friendShare the loveManchester United legend Gary Neville wants Mauricio Pochettino to takeover at Old Trafford.Jose Mourinho was sacked as manager on Tuesday after the club’s worst start to the season in 28 years.And Neville thinks United should target Tottenham’s manager.Neville told Sky Sports: “I’ve been fortunate to spend time at Tottenham’s training ground, and for me he [Pochettino] feels like the ideal candidate. “Man United have tried managers who have won European cups, they’ve tried managers who have won multiple leagues. “My view is they need someone who meets the three key principles of the football club, and that is promotion of youth, entertaining football, and to win football matches.”