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Close Brothers share price jumps after snaring Direct Line chairman Mike Biggs

Close Brothers’ share price jumped two per cent this morning after naming its new chairman and posting half-year numbers that were broadly in line with expectations.Direct Line chair Mike Biggs will join the investment firm’s board with immediate effect, taking over from Strone Macpherson on 1 May.The figures Our service driven model, focused on specialist markets, has allowed us to support our clients, invest in our business and generate strong returns for shareholders over many years. [stockChart code=”CBG” date=”2017-03-14 11:45″]What the company saidChief executive Preben Prebensen said: “All parts of our business performed well in the period. Our three banking segments, retail finance, commercial finance and property finance, all reported profit growth and strong returns, while both Winterflood and asset management benefited from favourable markets.”Trading conditions have clearly been favourable in the first half, but as always our priority remains to protect, sustain and invest in our business for the long term.” Close Brothers share price jumps after snaring Direct Line chairman Mike Biggs Tuesday 14 March 2017 11:53 am Portia Patel, an analyst at Liberum, labelled the numbers “strong” adding the operating profit was 53 per cent of what Close Brothers said it will generate over the full year. Patel had predicted the firm would have made 48 per cent of the annual forecasts by this point.Mr BiggsThe appointment of Direct Line’s Mike Biggs will perk the interest of some investors.Read more: Close Brothers’ share price falls on disappointing resultsBiggs was previously the chief exec and chairman of life assurance firm Resolution and finance chief at Aviva.”We view him as a strong appointment with good technical ability,” said Gary Greenwood, an analyst at Shore Capital Markets. whatsapp Oliver Gill whatsapp Share Adjusted operating profit over the first six months of Close Brothers’ financial year jumped 21 per cent to £134m.Earnings per share increased by nine per cent to 65.1p with dividends increasing by five per cent to 20p per share.Read more: Close Brothers reveals strong first five monthsNet interest margin was broadly stable at 8.2 per cent, down 0.1 per cent and the firm’s bad debt ratio fell from 0.6 per cent to 0.5 per cent.Why it’s interesting Close Brothers’ half-year figures are broadly in line with market expectations. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.com read more

Emailing Viggo Mortensen

first_imgCelebrityUncategorizedEmailing Viggo MortensenBy Amy Wallace – December 1, 20091143ShareEmailFacebookTwitterPinterestReddItPhotograph by Rudy Waks/Corbis OutlineHe has been nominated for an Oscar (for the 2007 mystery Eastern Promises) and was declared a bona fide sex symbol (after his turn in the 2005 crime drama A History of Violence). He’s starred in three of the biggest-grossing movies of all time (The Lord of the Rings trilogy in 2001, 2002, and 2003). But Viggo Mortensen has always been motivated more by collaboration than celebrity. His new film, The Road, is an adaptation of Cormac McCarthy’s Pulitzer Prize-winning novel about survival in a postapocalyptic world of cannibalism and other unimaginable horrors. As “The Man,” Mortensen navigates this devastated landscape with his son (played by 11-year-old newcomer Kodi Smit-McPhee). We exchanged e-mails with the actor, poet, publisher (of the L.A.-based Perceval Press), and polyglot (he speaks Danish and Spanish, among other languages) on the subjects of hope, endurance, and human nature. Hi Viggo,The Road is true to McCarthy’s novel in that the nature of the cataclysmic event that has ruined the planet is never explained. As you constructed your character of “The Man,” though, you must have filled in that blank for yourself. Was it a comet, or did humankind bring the end of the world upon itself?It does not really matter, because the character cannot do anything about it. I think that numerous things happened—fires, floods, drought, earthquakes (which the book and movie refer to) as well as fighting that led to the destruction of the power grids. Once things went wrong, there was no more Internet, phone, TV, radio, so it was not possible to know what really had happened and was continuing to happen all over the place. As when we have had blackouts, big snowstorms, fires, floods like those following Hurricane Katrina, or even as a reaction to events like those of 11 September, 2001, in New York and Washington, D.C., many people tend to isolate. General ignorance and wild, paranoid speculation tend to take over.You’ve had a lot of physically demanding roles, from sword fighting in the LOTR trilogy to horseback riding in Hidalgo to wrestling naked in Eastern Promises. But The Road seems to be in a class by itself. How much weight did you lose to play a man starving to death? I am not exactly sure. Enough to be credible as the character. Maybe 30 pounds or so. It was a basic requirement of the story that I not look well fed, so I simply ate less. That was not the hardest part, though. Nor was the hardest part the physical endurance test Kodi and I took part in by working in the cold, wet environments. The hardest part for both of us was the emotional journey, being exposed on the inside.How did you prepare yourself emotionally to imagine the end of the world?I’ve always thought that the end of the world, the end of me, of anything, can happen at any time, just as the sun always goes down at some point each day. It is natural, and not something to fear so much as be aware of and, when possible and appropriate, struggle against.This may sound odd, but The Road had unexpected echoes of WALL-E, last year’s animated movie about an Earth used up and left behind by humans. Though WALL-E was clearly aimed at a different audience, both movies highlight the tenacity of love and the importance of even small gestures of kindness. Did you see WALL-E?Yes, I did. I get your point. Had not thought of that. Thanks!Were there any other movies you thought about as you prepared for this role?For inspiration with regard to my understanding of Kodi’s character and regarding the environment, I looked at some of Tarkovsky’s work—Ivan’s Childhood and Stalker, for example. I also had another look at Sokurov’s Mother and Son and Dreyer’s The Passion of Joan of Arc for the emotional truth of the performances and cinematography. I listened to certain music, looked at photographs, read certain kinds of poems. I also spoke with people who live in the street in different cities, when they were willing to speak with me. Do you see The Road as a cautionary tale? As in: Here’s a glimpse of the price we could pay for ignoring global warming/nuclear proliferation/fill in the blank?Let’s not look past the fact that in this country and around the world many places already look that way, owing to natural as well as human-generated destruction of the environment, and many people are living lives of desperation, barely surviving and understandably falling prey to their worst impulses out of fear and hopelessness. Many places and many people are ALREADY THERE. By the end of the story the characters come to understand, as we potentially do, the truth of what is written in the Talmud—words to which can be found in most any spiritual teaching text: “The highest wisdom is kindness.”Did inhabiting this bleak world change your perspective on life?Just as “The Boy” reminds “The Man” to follow the lessons he himself has tried to impart with regard to kindness, I was reminded many times in the telling of this story that this world and all of the life in it are precious. As my character says, “If I were God, I would have made the world just so.” In other words, even if I could, I would not trade this world or this life for any other.Some people have described The Road as a horror movie. How do you react to that?It does not really make sense to me. I do not think it will be in that section at the video store.You agreed to do The Road at a time when you were worn out and ready for a break. Was there any way in which being exhausted was an advantage going into this extreme role? Did it make rawness more accessible?Yes. Just as being a father gave me an initial way in, a shortcut if you will, to understanding the story and my character, being a bit tired to begin with gave me a start on that aspect of the role.How much did you draw on your relationship with your own son, Henry, for inspiration?He was always there with me in some way. I did not have to think about it. The wisdom of “The Boy,” and of Kodi, the instinct for kindness, are very present and always have been in my son. You’ve said that you learned a lot about acting from Smit-McPhee. In the film’s production notes you’re quoted as saying, “I have never had a better acting partner, ever.” What is it about Smit-McPhee that leaves Al Pacino, Ed Harris, and Ian McKellen in the dust?I did not say he was better than them, but rather that none of them was better than Kodi. He was every bit as alive to the potential of any scene and as technically equipped to make the most of every moment as Robert Duvall was in his fine work as “Ely” [also in The Road]. Kodi is an unusually mature and inventive actor and had moments of brilliance each and every day that most fine actors can only dream of having once in a great while. There is a purity, a degree of focus in his work, that allows his natural intelligence and goodness to make themselves evident. More than once during the film, Smit-McPhee’s character asks you, “Are we the good guys?” The idea that there is a line that good people will not cross is something your character holds dear. Are you a Rousseau man (man is basically good) or do you side with Hobbes (man is naturally wicked)?I am an optimist.A while back you were quoted as saying that you were listening to a lot of conservative talk radio. How can monitoring that make you anything but a pessimist?I sometimes feel sorry for them and their families, and for the people who might be swayed to choose contempt over compassion by the hateful and often deliberately misleading words of these reactionary pontificators. Sometimes I am upset over the influence their hate speech seems to have. However, as I say, I am an optimist and believe that historical facts and genuine, selfless courtesy eventually rise to the surface. I continue to listen to these poisonous blowhards now and then in order to be informed, to “know thine enemy,” as they say, know the potential enemy that lurks in myself, the enemy of kindness. It’s never over until it is over, and we can always do something good.A theme of the film is the gift—and the burden—of memory. Your character’s flashbacks to a happier time of beauty and calm seem to both sustain and torture him. In one of those flashbacks, your wife, played by Charlize Theron, argues that mere survival isn’t enough for her. Living in utter fear and deprivation, she seems to feel, is not really living. Your character doesn’t agree. Do you?I don’t, but I understand her point. By the way, I think that the movie makes slightly clearer than the book does that her point of view is the most logical, rational one in that world apparently devoid of hope. Charlize did a very good job showing us the sincerity and truth of her character’s position. When her character essentially asks mine how and why I plan to survive in a toxic environment populated by murderous rapists and cannibals, my character does not really have an answer. It is his instinct to survive and protect his son that drives him. While he may not know exactly how he or his son can manage to survive, he definitely knows why it is worth trying. The simplest way to say it, “sappy” as it sounds, is that he understands, as does his son, that the impulse to be loving is reason enough to live on.Have you written any poetry lately? Anything you’d like to share?Quite a bit, but all in Spanish. I am still fine-tuning them, and the translations I am making into English of them, so maybe I will wait a little longer to offer them.How do you say “apocalypse” in Danish?From the Bible, it is “åbenbaring,” but the more-or-less scientific term is “apokalypse.” TAGS2009December 2009EncounterL.A. CulturePrevious articlePrivate LivesNext articleI’m Doing It: The Astro-Weenie Xmas TreeAmy Wallace RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.What Defines a Successful Immigrant?The Undocumented Immigrants Who Are Redefining ‘American’last_img read more

Deaths in Laois – Sunday, November 25, 2018

first_img Pinterest By Alan Hartnett – 25th November 2018 Previous articleMixed fortunes for Panthers in action packed basketball weekendNext articleColaiste Iosagain gearing up for Legally Blonde – The Musical Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Council WhatsApp Laois secondary school announces scholarship winners for new academic year Twitter Pinterest Community Facebook TAGSDeaths in Laois Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Bridget Sexton (née Newe)Clonminam rd, Portlaoise, LaoisSexton (nee Newe) “Padua”, Clonminam Rd., Portlaoise and formerly Templemore, Nov 24th 2018, in the exceptional care of the staff of St Vincent’s Hospital, Mountmellick.In her 96th year, Bridget, beloved wife of the late James. Dearly loved mother to Pat, Frank and Mary. Deeply regretted by her loving family, daughter-in-law Hilda, grandsons David and his wife Mary, Shane and his partner Trina, great-granddaughters Naomi, Méabh, Zoe and Evie, sister Mary Armitage (Naas), sisters-in-law, Breda Newe (Templemore) and Terry McVeigh (Enniscorthy), nephews, nieces, relatives and friends. Reposing at Keegan’s funeral home, Portlaoise, from 5pm on Sunday with rosary at 8pm. Removal on Monday morning to arrive at SS Peter and Paul’s Church, for 10am requiem Mass. Interment will follow in SS Peter and Paul’s Cemetery. Family flowers only. Donations in lieu to the Cuisle Centre.Louise FitzgeraldClane, Kildare / Mountmellick, LaoisFitzgerald, Louise, Clane, Co. Kildare & late of The Rock, Mountmellick, Co. Laois, November 22nd 2018, peacefully at St. Brigid’s Hospice, The Curragh, deeply regretted by her loving husband Patrick (Paddy), daughters Alianne & Phoebe, sisters Anne & Berna, brothers-in-law John, Liam & Billy, nephew Michael, close cousins Cathy & Claire, relatives & close friends. Reposing at Reilly’s Funeral Home, Woods House, Clane on Saturday and Sunday from 2pm to 9pm, with rosary on Sunday evening at 6.30pm. Removal on Monday at 10.30am to arrive at Clane Parish Church for 11am Funeral Mass, followed by burial in Mountmellick Cemetery, Co. Laois. (arriving at approx. 1.30pm). Family flowers and mass cards only please. Donations, if desired, to St. Vincent de Paul or Kildare Animal Foundation. Louise’s wishes are that people attending her celebration of life should wear cerise, purple or blue rather that black.Bridget (Della) GriffinStation Rd., Portlaoise, LaoisPeacefully surrounded by her loving family. Bridget (Della), beloved wife of the late Jim. Dearly loved mother to Jimmy, Gerald, Mary and John. Deeply regretted by her loving family, daughters-in-law, son-in-law, grandchildren, great-grandchildren, nephew, nieces, relatives and friends. Reposing at Keegan’s Funeral Home, Portlaoise from 7 pm on Friday evening with rosary at 8 pm. Removal on Saturday morning to arrive at SS Peter and Paul’s Church for 10 am Requiem Mass. Interment will follow in SS Peter and Paul’s Cemetery, Portlaoise. Family flowers only, no Mass cards. donations, if desired, to The SMA fathers.Eddie KeoghThe Borness, Mountmellick, Laois / Multyfarnham, WestmeathEddie Keogh, The Borness, Mountmellick, Co. Laois (formerly of Lismady, Multyfarnham, Co. Westmeath) died peacefully 21st November 2018 at home surrounded by his loving family. Beloved husband of the late Ann, predecesased by his daughter-in-law Dee. Deeply regretted by his loving family Yvonne, Valerie, Derek and Aidan, his ten grandchildren and great-grandchild Alana, sons-in-law Liam and Joe, daughter-in-law Carmel, brother Kevin (Multifarnham) sister Vera (UK), sisters-in-law Ann, Kitty and Rosalind (USA), brother-in-law Jimmy (UK), nieces, nephews, neighbours, relatives and many friends. Reposing in his home (R32T8PK) today (Thursday) from 5pm. Recital of The Rosary at 8pm. Reposing on Friday from 2pm until Removal at 6.15pm to St Joseph’s Church arriving at 7pm. Requiem Mass on Saturday at 11am. Cremation Service in Newlands Cross Crematorium at 1.15pm approx. No flowers by request. Donations, if desired, to Laois Palliative Care. The Donation Box will be in place during the Church Services.George DobsonPortlaoise, LaoisGeorge Patrick Dobson, “Tranquil” Mountrath Road, Portlaoise. Passed away unexpectedly at the Midlands Regional Hospital, Portlaoise on 21st November 2018. Deeply regretted by his family Winston, Emily and Audrey, relatives, extended family, neighbours and friends. Removal from the Midlands Regional Hospital, Portlaoise at approx 6.30pm this Thursday (22nd) to arrive at Holy Trinity Church, The Rock for 7pm Reception Prayers. Funeral Service on Friday at 2.30 pm, followed by burial in the adjoining churchyard.Alan GrantCuan Bhride, Rathdowney, LaoisAlan Grant, Cuan Bhride, Rathdowney, Co. Laois, Nov. 19. 2018 (peacefully) at the Midlands Regional Hospital Portlaoise. Deeply regretted and will be sadly missed by his loving wife Mary (nee Bergin), brother Alec, sister Ann, nieces, nephews, extended family, relatives, neighbours and friends. Reposing at Guilfoyle’s Funeral Home, Castletown, Mountrath this Wednesday evening (Nov. 21st.) from 6 o’c with Rosary in the funeral home at 8 o’c. Removal on Thursday morning (Nov. 22nd.) at 10.15 o’c to Killasmeestia Church for Funeral Mass at 11 o’c with burial immediately afterwards in the adjoining cemetery. Family flowers only please. Donations in lieu, if desired, to Autism Ireland. Donation box in place at church.SEE ALSO – Deaths in Laois – Saturday, November 24, 2018 New Arles road opens but disquiet over who was invited to official opening Facebook Home Deaths Deaths in Laois – Sunday, November 25, 2018 Deaths Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Twitter Deaths in Laois – Sunday, November 25, 2018 WhatsApp Community RELATED ARTICLESMORE FROM AUTHORlast_img read more

How ETFs have influenced distribution channels

first_img IE Staff Keywords ETFs,  Robo-advisorsCompanies BMO Global Asset Management businesspeople with digital tablet sitting in modern office stockbroker/123RF $4.7B flowed into Canadian ETFs in March Share this article and your comments with peers on social media Thematic funds thrived during pandemic, but watch long-term performance: report Facebook LinkedIn Twitter “The popularity of ETFs across different investor types creates demand for various distribution models rendering ETFs more accessible,” it said.The report noted that robo-advisors, which currently have more than $7 billion in assets in Canada and an expected annual growth rate of 35%, have been a significant distribution channel for ETFs.But the advisor channel has as well, particularly in the area of fee-based investing, which has overtaken commission-based investing and now accounts for 73% of assets. The second phase of the client relationship model (CRM2), which mandated the disclosure of service fees in client statements, helped increase ETFs’ popularity with advisors, BMO GAM noted.“ETFs have been helpful in this regard, as they do not include embedded fee for advice, allowing advisors to establish individualized fee agreements with their clients,” the report said.The report also commented on a variety of other trends in the ETF market, including the emergence of ETFs that combine active and passive strategies, making it possible for them to outperform the market.“Using institutional investing techniques such as core and satellite investing, active and passive can be blended to create a more effective portfolio,” it said.“Investors can use a passive, low cost core in developed markets and complement the portfolio with active satellites in less efficient markets where active management can make a difference. Likewise, investors can use an active core with managers they trust and use passive solutions to add market exposures in areas where they have less expertise.” Mutual fund sales dipped, but still outpaced ETF sales in April The popularity of ETFs has contributed to the growth of robo-advisors and the shift to fee-based investing, according to a new report from BMO Global Asset Management (BMO GAM).On Monday, the firm released a report to mark 10 years since launching its first ETFs in 2009. The report highlights 10 trends in the ETF industry. Related newslast_img read more

Latest Dodge Challenger Demon teaser hints at 757 lb.-ft. of torque

first_imgCreated with Raphaël 2.1.2Created with Raphaël 2.1.2 Demon information pages Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” The Rolls-Royce Boat Tail may be the most expensive new car ever Happy ThursDemon! That’s what we should call Dodge’s months-long weekly teaser parade, right?The latest video tells us all about the race-ready information screen in the Demon and a hint about the horsepower. Like the Hellcat – and most Dodge models – the Challenger Demon will come with a large Uconnect infotainment system that allows the driver to control car functions. But the Demon’s system can do far more than actuate the heated seats. The system can display real-time g-forces, engine revs, torque and horsepower. And this is where it gets interesting – aligned on the left side of the screen are horsepower call-outs from 100 to 700, but there’s a conspicuous blank space where an “800” should be. We can also see the torque curve rising above the 700 mark; while the Hellcat made a mere 650 lb.-ft., the graph – and clock readout – hints at a torque output of around 757 lb.-ft. See More Videos Trending Videos The system can also show vital information like supercharger inlet temperature, intercooler coolant temperature, and other vitals. The car will also allow the driver to enter one of three drive modes. The first is Auto (street) mode where you can select different levels of horsepower, along with three levels of suspension dampening and steering feel.The next is called Drag mode and you give up preferences in the quest for the quickest drag strip runs. Transmission shift speed, traction control, suspension, and steering feel are all locked in to what Dodge believes will reward the lowest elapsed times.For those who feel the drag mode to be too constricting, there’s Custom mode, where drivers can pick and choose between any setting they like to make their own blend. For example, you could run drag mode traction control and street mode steering feel if you desired. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Last but not least, the performance data in this video hints at a handful of specs. The most noteworthy being a zero-to-60 mph time of three seconds flat, compared to 3.8 seconds for the Hellcat. Trending in Canada PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca COMMENTSSHARE YOUR THOUGHTS advertisement RELATED TAGSChallengerDodgeCoupePerformanceNew VehiclesPerformance VehiclesAutomotive EnginesAutomotive ReviewsAutomotive SafetyAutomotive TechnologyCars and Car DesignCulture and LifestyleScience and TechnologyTechnologyVehicle Control ‹ Previous Next ›last_img read more

Tesla idles Model 3 production as Musk unable to make fixes

first_imgTrending in Canada RELATED TAGSTeslaNew Vehicles Trending Videos ‹ Previous Next › Tesla is temporarily suspending production of the Model 3 sedan for at least the second time in roughly two months, just after Elon Musk admitted to mistakes that hindered his most important car.The company informed employees the pause will last four to five days, Buzzfeed reported. COMMENTSSHARE YOUR THOUGHTS A Tesla spokesman referred back to a statement provided last month, when Bloomberg News first reported that Model 3 production was idled from February 20 to 24. The carmaker said then that it planned periods of downtime at both its vehicle and battery factories to improve automation and address bottlenecks.The hiatus is another setback for the first model Musk has tried to mass-manufacture. In addition to trying to bring electric vehicles to the mainstream, the chief executive officer had sought to build a competitive advantage over established automakers by installing more robots to quickly produce vehicles. Last week, he acknowledged “excessive” automation at Tesla was a mistake.“Traditional automakers adjust bottlenecks on the fly during a launch,” Dave Sullivan, an analyst at AutoPacific Inc., said in an email. “This is totally out of the ordinary.”Tesla employees are expected to use vacation days or stay home without pay during the Model 3 downtime, though a small number may be offered paid work elsewhere at the factory in Fremont, California, Buzzfeed reported.The shutdown is taking place a week after Musk gave CBS This Morning a tour of Tesla’s assembly plant and said the company should be able to sustain producing 2,000 Model 3 sedans a week. He said manufacturing issues that had been crimping output were being resolved and that Tesla probably will make three or four times as many of the cars in the second quarter.Tesla built 9,766 Model 3 sedans in the first quarter. The company said in an April 3 statement that the process of boosting production and addressing bottlenecks during the first three months of the year included “several short factory shutdowns to upgrade equipment.”“Shutting down for days on end during ramp is far from normal,” Kristin Dziczek, director of the industry, labor and economics group at the Center for Automotive Research, wrote in an email.Getting Model 3 output up to speed is crucial to generating revenue after the billions of dollars Tesla has spent to manufacture, recharge, service and repair more cars. While Musk has said the company will be profitable and cash-flow positive in the third and fourth quarters and won’t need another capital raise this year, analysts are skeptical of those predictions.“Time is money in automotive manufacturing and Tesla seems to think they have plenty of both,” AutoPacific’s Sullivan said. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information.center_img Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” See More Videos PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Assembly workers put together a Tesla Model S at the Tesla factory in Fremont, Calif., Friday, June 22, 2012.  Paul Sakuma / Associated Press advertisement The Rolls-Royce Boat Tail may be the most expensive new car everlast_img read more

BMW reportedly shelves i8 successor, but i3 will live on

first_img BMW has been forced to cancel its upcoming i8 successor due to the coronavirus pandemic, among other things.BMW was planning for the Vision M Next concept to be the successor to the hybrid i8 Sports car, a 600 horsepower supercar that would’ve sat at the top of BMW’s electrified range. The volume would’ve been low, but the price would’ve kept it profitable — yet that all seems impossible now.According to Manager Magazin in conversation with a BMW insider, the M Next “will remain a prototype” as “the board decided not to build it”, citing it “makes no sense in the post-corona world.” BMWBlog also confirms this development, and adds the project has actually been cancelled for a while. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next › COMMENTSSHARE YOUR THOUGHTS Our up-to-date timeline of coronavirus’ impact on the auto industryWhile the Vision M Next dies due to high cost and low demand post-pandemic, the i3 will live on despite previous reports that it would be cut. The reasons are the exact opposite that the Vision M Next is leaving; the i3 has already paid off its development costs. BMW dropping the i3 now would leave them out of the small EV market, forcing shoppers to head to VW dealerships once their ID. 3 is released. BMW attempted to send off the i8 with a special final edition model called the Ultimate Sophisto edition, but flubbed the release with a #FlattenTheCurve hashtag and received extreme backlash on social media for being distasteful during the pandemic. Created with Raphaël 2.1.2Created with Raphaël 2.1.2 BMW Vision M Next concept  Handout / BMW The Rolls-Royce Boat Tail may be the most expensive new car ever Trending Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” See More Videos First Drive: 2019 BMW i8 Roadster RELATED advertisement RELATED TAGSBMWLuxuryLuxury VehiclesNew Vehicles PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Trending in Canadalast_img read more

Snake Eyes: Shelby American newest hot-rod Mustang GT boasts 700-plus hp

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca But you want to know what’s under the hood. The 5.0L Coyote V8 remains its beating heart, juiced to 480 horsepower thanks to a new exhaust that’s the result of a Borla and Shelby collab. Other options for more power are on the table, including a Ford Performance supercharger that’ll crank the wick to over 700 horses.The exterior features proprietary bodywork that includes a “deep draw” hood and a unique grille that announces your car’s Shelby heritage. A snazzy new set of lightweight aluminum wheels appear, on which Shelby-spec tires are installed. There’s an optional Wide Body package for those seeking to menace their neighbour who just arrived home with a Hellcat Widebody. A unique spoiler and badging round out the package. Trending in Canada Each vehicle from Shelby American is documented in the official Shelby Registry. The cars come with a three-year/36,000-mile warranty; the powertrain warranty from Ford remains intact. South of the border, the Shelby GT starts at $62,310, a sum which includes a brand-new entry-level Mustang GT. Those already holding the keys to a 2018-plus Mustang GT can write a cheque for $24,995 to receive the standard package upgrades. Trending Videos RELATED TAGSFordMustangCoupeNon-LuxuryNew VehiclesPerformance VehiclesSpeed & PerformanceaftermarketFordInstagramMustangNon-Luxurypony carShelby The Rolls-Royce Boat Tail may be the most expensive new car ever advertisement Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American Created with Raphaël 2.1.2Created with Raphaël 2.1.2Shelby American First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. See More Videos ‹ Previous Next › For those with Blue Oval blood coursing through their veins, and even a few Bowtie and Mopar diehards, the Shelby name means something special. For 2021, the Vegas-based customization crew is offering a performance package for the current Mustang GT — one that will bring it close to GT500 levels of horsepower.Simply called the Shelby GT, the build can take form by either plucking a new Mustang GT from the dealer or bringing any 2018-plus model to the fabrication shop in Nevada for fettling. The company offers many different modification programs for the Mustang, saying this particular effort is designed for intense personalization and daily driving.With this in mind, the interior receives full leather Shelby by Katzkins re-covers; there are also any number of optional configurations to make your Shelby GT one of a kind. COMMENTSSHARE YOUR THOUGHTSlast_img read more

ARM gives IoT helping hand

first_img Bharti Airtel makes enterprise IoT play Previous ArticleOrange CEO hails “dawn of connected era”; unveils new digital servicesNext ArticleVerizon drops 4G throttling plan after FCC pressure Author Steve Costello Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Related Home ARM gives IoT helping hand Tags center_img El Reino Unido interviene en la fusión de Nvidia con ARM Processor technology company ARM announced a software platform and operating system intended to “simplify and speed up” the creation and deployment of internet of things (IoT) products.The launch has been supported by the creation of a partner ecosystem, with backers including Ericsson, Freescale, IBM, KDDI, Marvell, NXP, Renesas, ST, Telenor Connexion and Telefonica.Krisztian Flautner, general manager of the IoT business at ARM, said: “Today’s IoT devices largely exist in isolation, and it has been impossible to realise a truly interconnected world where devices are interoperable with many different cloud services.”The mbed IoT Device Platform is built around open standards, and will “bring Internet protocols, security and standards-based manageability into one integrated solution optimised for energy and cost-constrained devices”.It includes mbed OS, a free operating system for ARM-based devices that “consolidates the fundamental building blocks of the IoT in one integrated set of software components”. It includes security, communication and device management features.It will be available for mbed partners in the fourth quarter, with the first production devices in 2015.Also available is a licensable server platform, which ARM said “provides the required server-side technologies to connect and manage devices in a secure way”. The technology also provides a bridge between protocols designed for IoT devices and the APIs used by web developers, to simplify integration.mbed Device Server is available now.And the mbed.org website is also being positioned as “the focus point for a community of more than 70,000 developers around mbed”. Asia UK intervenes on Nvidia, ARM merger AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 OCT 2014 ARMIoTTechnologylast_img read more

The Vanity of Big Fertility

first_img Recommended “A Summary of the Evidence for Intelligent Design”: The Study Guide Congratulations to Science Magazine for an Honest Portrayal of Darwin’s Descent of Man Requesting a (Partial) Retraction from Darrel Falk and BioLogos Jane Goodall Meets the God Hypothesis A Physician Describes How Behe Changed His MindLife’s Origin — A “Mystery” Made AccessibleCodes Are Not Products of PhysicsIxnay on the Ambriancay PlosionexhayDesign Triangulation: My Thanksgiving Gift to All Medicine The Vanity of Big FertilityWesley J. SmithDecember 13, 2019, 4:52 AM Wesley J. SmithChair and Senior Fellow, Center on Human ExceptionalismWesley J. Smith is Chair and Senior Fellow at the Discovery Institute’s Center on Human Exceptionalism. Wesley is a contributor to National Review and is the author of 14 books, in recent years focusing on human dignity, liberty, and equality. Wesley has been recognized as one of America’s premier public intellectuals on bioethics by National Journal and has been honored by the Human Life Foundation as a “Great Defender of Life” for his work against suicide and euthanasia. Wesley’s most recent book is Culture of Death: The Age of “Do Harm” Medicine, a warning about the dangers to patients of the modern bioethics movement.Follow WesleyProfileTwitterFacebook Share Origin of Life: Brian Miller Distills a Debate Between Dave Farina and James Tour Email Print Google+ Linkedin Twitter Share A “two womb” baby has been born — proving to me that the new reproductive “advances” promote profound solipsism. From the inews.co.uk story:Scientists have claimed a breakthrough after delivering the world’s first ‘two-womb’ baby to a British lesbian couple.Otis, who was born in London in July, grew from a fertilised egg created using IVF treatment incubated in both women’s wombs during the course of their pregnancy.Here is how it was done:The procedure is carried out by incubating the fertilised egg in one partner’s uterus — rather than in an artificial environment — for the first 18 hours following fertilisation, before being transferred to the second partner’s womb for the duration of the pregnancy.The mothers are very pleased:Mothers Donna and Jasmine Francis-Smith were overjoyed by the birth. “The procedure really made me and Donna feel quite equal in the whole process and has emotionally brought us closer together,” said Jasmine.Ah, did you catch it? The procedure made them feel equal and closer together. That is a vanity desire that has absolutely nothing to do with the health, safety, and welfare of the gestating baby.Where the Focus Should BeThat’s where the focus should be when judging the wisdom of this procedure. We already know that babies born from IVF have a poorer health outlook than babies conceived naturally. This multi-stage process can only increase the potential for problems.Think about the entirety of the undertaking: First, the technologists make an embryo in a dish instead of the natural environment of the fallopian tube. Perhaps that is accompanied by preimplantation genetic diagnosis that removes a cell for quality control testing. Then, at about ten days development, the embryo is transferred to the first uterus. A day and a half later — for no medical purpose — the embryo is removed from the first uterus and implanted in the second uterus. As the cherry on top, if many embryos are implanted to ensure that a pregnancy is achieved — which is often part of the IVF approach — perhaps “selective reduction” will later be undertaken to prevent multiple births.If Things Go WrongThat’s a lot of manipulation of life at its most delicate and vulnerable stage! Oh well, if things go wrong, the abortion option is always available.Those who shush critics of the new reproductive technologies such as “three-parent embryos,” and human CRISPR germ line genetic engineering by claiming such innovations will only be about health, are full of beans. This technique was designed solely to benefit the mothers, not the baby.Big Fertility desperately needs regulating. But it won’t happen. Our contemporary me-me, I-I values won’t permit it.Photo credit: Tim Bish via Unsplash.Cross-posted at The Corner. Email Print Google+ Linkedin Twitter Share Tags“two womb” babyBig FertilitybirthCRISPRdevelopmentDonna Francis-Smithembryofallopian tubefertilizationhealthIVFJasmine Francis-SmithLondonpregnancyPreimplantation Genetic Diagnosisquality controlreproductive technologiesselective reductionsolipsismthree-parent embryos,Trendinglast_img read more