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Tuesday, April 11, 2006

Zach Scruggs, a lawyer for United States Senator Trent Lott, says that State Farm Insurance Company is destroying records related to claims for damage from Hurricane Katrina.

The records allegedly contain information saying that State Farm fraudulently denied insurance claims made by its policy holders, including Lott, that had homes there were damaged or destroyed when Hurricane Katrina came ashore on the Gulf Coast.

Scruggs said that Lott has “good faith belief” that many employees of the insurance company in Biloxi, Mississippi are destroying engineer’s reports that were inconclusive as to whether or not water or wind was the main cause of damage to the buildings affected by the hurricane.

Lott is among thousands of home and/or business owners who had their property damaged or destroyed during the hurricane and had their claims denied because State Farm claimed that their policies don’t cover damage caused by floods or water that was driven by the wind.

State Farm has not issued a statement on the matter so far.

Friday, July 22, 2005

Administrators PriceWaterHouseCoopers (PWC) have announced that the British car company MG Rover and its engine manufacturer Powertrain Ltd has been sold to Chinese company Nanjing Automobile for an unknown sum of money. The company beat bids from Shanghai Automotive (SAIC), despite being the smaller of the two.

MG Rover collapsed this Spring, after struggling to make a profit for several years.

SAIC had tried to buy only the engine plant and then transfer it to China, but in June Nanjing Automobile approached PWC with a combined bid for both the car manufacturing company and Powertrain. This Monday SAIC bid for both but the offer was inferior to Nanjing’s.

Nanjing has indicated that it too will move the engine production plant to China, along with some car manufacturing. However it also intends to continue building cars in Britain, and establish an engineering research and design centre there in an effort to expand its sales globally. Nanjing intends to start hiring at once.

Saturday, July 19, 2008

This year’s Leisure Taiwan trade show (a.k.a Taiwan Sport Recreation and Leisure Show) started yesterday, with 131 companies participating including sports media companies such as ESPN and VideoLand Television, businesses selling sports equipment and fitness clubs.

There were also a variety of sports being played in the arena built for the trade show. The events included a 3-on-3 basketball tournament, free style shooting, and bicycle test-riding. In addition, conferences discussed issues related to sports and physical education.

A major topic in the trade show was energy-efficiency and, as a result, bicycles and similar sports equipment were being heavily promoted.

Next Tuesday, companies from the electronics industry plan to promote their industry at “2008 Digital E-Park.” In previous years, organizations from the electronics industry have showcased their products at Leisure Taiwan instead of at the Digital E-Park, so this move has reduced the number of markets covered by Leisure Taiwan.

Monday, March 17, 2014

Nico Rosberg won the opening race of this year’s Formula 1 season in Australia yesterday. TV commentators spoke of “fascination throughout the field” as big names retired and new names proved themselves.

Former champion Lewis Hamilton qualified on pole but problems were evident by the second lap when he received a team radio message telling him “we need to retire… save the engine, save the engine!” Another followed rapidly, however, telling him to “just stay out, stay out, just keep on rolling”. Hamilton left the race on the fourth lap.

Reigning champion Sebastian Vettel did not fare much better, having only qualified twelfth, with engine woes of his own. He too quit the race in the early stages, staying behind to watch the race and, according to commentator and retired Scottish F1 racer David Coulthard, learn what he could from the sidelines.

Vettel and Hamilton were not the only stars retiring early. Veteran racer Felipe Massa was rammed from behind by Kobiashi’s Caterham, sending both cars out and prompting deployment of yellow flags for several laps while the debris was recovered. The crash was triggered by Kobiashi clipping Kimi Raikkonen, damaging the front of Kobiashi’s car. Raikkonen stayed in the race and managed to finish eighth. The first ten cars over the finish line score points towards both the driver’s and constructor’s championships.

Coulthard and fellow commentators believe Kobiashi, who took responsibility for the accident, may receive points on his racer’s licence in a new system to deal with transgressions introduced this year. Kobiashi called the crash “My mistake[… I] should have braked earlier, and I apologise to Felipe”. Massa said Kobiashi “cannot do a start like that, every time” he does so will lead to an accident.

More drama followed shortly after when Valteri Bottas clipped a wall on lap 10, breaking the rim of his back-right wheel. The rim was left on the track, followed shortly thereafter by the tyre off the wheel. The safety car was deployed for several laps until the debris was recovered. Despite the setback Bottas climbed back up the standings and finished in sixth place.

Many drivers, including cars at the front of the pack, took advantage of the safety car period to do pit stops. Some are now considering using less fuel than the maximum allowance in a move the FIA never expected technologically possible when drafting the rules several years ago.

It was a day for débutantes at Albert Park, a street circuit where racing took place in close proximity to busy public roads. Newcomer Kevin Magnussen scored third place on his first F1 race, while fellow rookie Daniil Kvyat came in tenth and became the youngest-ever F1 points scorer. Kvyat takes the record from Vettel by several months while Magnussen becomes the first Dane on an F1 podium.

Not every débutante was so lucky; Caterham driver Marcus Eriksson dropped out of his first race after being radioed “Stop the car, stop the car, engine oil pressure”. Established racers Pastor Maldonado and Romain Grosjean, both Lotus drivers, also stopped with technical trouble. All three cars pulled up at the side of the track on different laps, each triggering yellow flags. Despite the retirements, fourteen cars finished which was more than some commentators were expecting.

Hamilton was upbeat about his retirement, saying “It’s tough for everyone but that’s the way it is” and adding “We’re not the only ones [to have difficulties]”. Vettel was more pessimistic, claiming this is “going to be a long season”. Asked about the cause of his engine troubles, Hamilton said “One of the cylinders, I think, was not firing”.

The race was unusual from start to finish, having been shortened by one lap after the first start was aborted by amber lights instead of just green. The end is more controversial; home driver Daniel Ricciardo scored his first-ever Australian Grand Prix podium finish in second place but was later disqualified for an alleged breach of fuel regulations. Ricciardo had been the first Australian driver to stand on the podium in his home country since Formula 1 brought the event into the championship format used today.

His disqualification is not final, however. His team, Red Bull, have vowed to appeal. If the appeal fails all the drivers below him move up one position, meaning first-time entrant Magnussen will have come in second place and Kvyat will be ninth. That would see Sergio Perez score a point for Force India by moving into tenth. Perez’s race was hampered early by a puncture picked up in the opening lap.

Ricciardo was reported to the stewards by technical delegate Jo Bauer who claimed his car “exceeded consistently the maximum allowed fuel flow of 100kg/h”. 100kg is also the maximum fuel allowed on board cars, a new limit set for this season. The fuel flow rule is also new this year; F1 cars averaged about 170kg/h last year.

Ricciardo was disqualified after five hours of steward deliberations. Red Bull have hit back with a statement saying many teams have found the FIA’s fuel flow meter to be faulty. They say they are “confident the fuel supplied to the engine is in full compliance with the regulations.” Today Andrew Westacott, chief executive of the Australian Grand Prix, said the appeal outcome may not be known for weeks.

Prior to Ricciardo’s disqualification, the remaining point-scorers were Jensen Button in fourth, Fernando Alonso in fifth, Nico Hulkenberg in seventh, and Jean-Eric Vergne in ninth.

Racers and fuel rules were not the only things fresh for this race. Williams are on the back of their worst-ever season and have changed their livery to brighter, whiter cars. Another new innovation is the introduction of red lights on the rear of cars that blink when the vehicle is not using electricity, warning the car behind of possible deceleration. F1 cars also now sport hybrid turbo engines.

Rosberg, speaking after what is his first Australian victory, said it is “Such a pleasure to have such a fast car.” He came a full 24 seconds ahead of Ricciardo. It is also the hundredth victory by an F1 car powered by a Mercedes engine.

“Whatever the outcome I’m really proud of what I did today”, Ricciardo said as he awaited the stewards’ disqualification decision. “There are more positives than negatives”.

Saturday, April 2, 2005

Chicago city inspectors closed the landmark Lithuanian restaurant Healthy Food on Thursday, after finding mouse feces on the meat slicer and cutting board, and a dead mouse in the cooler.

The restaurant has operated at 3236 S. Halsted, on the south side of the city in the Bridgeport neighborhood, since the 1930s.

Wikinews reporter David Vasquez placed a call to the restaurant to inquire if they were open. The call was answered by a woman who said, “No, we’re closed. There’s some technical difficulties. I’m sorry. Thank you for calling.” A second phone could be heard ringing in the background.

Streets and Sanitation spokesman Matt Smith told the Chicago Sun-Times, “To reopen, they’re going to have to present us with a revamped game plan for not only rodent control but also housekeeping, they’ll have to make all the corrections that our inspectors point out,” he continued, “and pass a very stringent follow-up inspection.”

Patrons have praised the restaurant’s sauerkraut soup and other dishes over the years. Before it was closed, the restaurant had a lot of traffic from the nearby Cook County Circuit Court. The restaurant was once voted “Best Ethnic Eastern European Restaurant in Chicago”, according to New City.

Thursday, June 23, 2011

Retired West Virginia engineer Lowell Jackson “Jack” Fellure won the presidential nomination of the Prohibition Party yesterday at the party’s National Convention in Cullman, Alabama. He won on the second ballot, defeating Thompson Township tax accessor James Hedges of Pennsylvania, who initially ran unopposed. Party Chairman Toby Davis of Mississippi received the vice presidential nomination.

The Prohibition Party is the third oldest existing political party in the United States, having been established in 1869. It reached its height of popularity during the late 19th century. As its name suggests, the party heavily supported the Eighteenth Amendment to the United States Constitution, which banned the sale of alcohol, and resulted in the US period known as Prohibition (1919–33). The party has declined since the repeal of Prohibition in 1933, but has continued to nominate candidates for the presidential election.

Fellure, 79, has run for president in every election since 1988, though usually as a Republican. This run marks his first as a member of the Prohibition Party. On his campaign website, he cites the Authorized 1611 King James Bible as his presidential platform, and calls for the teaching of the Bible in public schools, criminalization of homosexuality, and the elimination of abortion, the liquor industry and pornography. On economics, he supports reducing taxes and balancing the federal budget.

Hedges, the first Prohibition Party member elected to public office since 1959, announced his campaign in February 2010, and was the only candidate until last month. According to Vice Chairman June Griffin: “While Jim has contributed valuable resources to this Party…his positions regarding Environmentalism and passivity toward war forced me to vote for Jack Fellure. As well, his insistence on a moratorium on the building of nuclear plants caused much unrest among the membership. Yet he prevailed to install this plank.”

The ten voting Prohibition Party convention delegates and a few guests met for the National Convention, which began on Monday at the Holiday Inn Express in Cullman. Tuesday featured a short greeting from Cullman Mayor Max Townson, followed by addresses from Libertarian consultant Stephen P. Gordon, Ballot Access News publisher Richard Winger, and Eunie Smith of the Eagle Forum.

Gordon, who previously worked as the e-Campaign manager for the 2008 Bob Barr presidential campaign, jokingly commented that his speech “stunk”. He opened his address with the joke that “the way to pick out the libertarian at a Prohibition Party function is that I’m the one wearing the Jerry Garcia tie.” He discussed how third party candidates could utilize new media to their advantage, but avoided any ideological topics.

Winger, an expert on election law, discussed ballot access and the history of the Prohibition Party. He notably explained how the party had cost the Republicans presidential victories in the elections of 1884 and 1916, which forestalled the passage of the Eighteenth Amendment by Republicans, who wanted to do away with the alcohol issue. Gordon later commented that Winger’s speech was well-received by the audience.

After Winger’s speech, the convention broke for lunch. Afterwards, Smith, the widow of former Congressman Albert L. Smith, Jr., focused on immigration and education in her address. When asked about the Eagle Forum’s participation in the fight against alcohol, she commented that the group was focused on more pressing issues such as gambling.

After the nomination, some party members traveled to the grave of Sidney Catts in Florida. Catts, who died in 1936, was the first and only state governor elected from the Prohibition Party.

The party will now begin ballot access drives in Louisiana, Mississippi, Florida, New Jersey, Utah, Colorado, Tennessee and Arkansas. In 2008, the late Gene Amondson appeared on the ballot in Colorado, Florida and Louisiana and picked up a total of 653 votes.

Wednesday, March 18, 2009

United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives.

“It’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,” Obama said. “How do they justify this outrage to the taxpayers who are keeping the company afloat.”

Obama’s statement comes after reports surfaced last weekend saying the insurance agency, which is in deep financial trouble, had paid US$165 million to executives in bonuses, after receiving $170 billion as part of a government bailout plan.

AIG has said that the bonuses have to be given out, as the company is legally required by contract to do so. A representative with the National Economic Council, Lawrence H. Summers, also said that the bonuses were required to be given out. If AIG had refused to give out the bonuses, employees could file a lawsuit against the company for the money.

“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” AIG CEO Edward M. Liddy said in a letter addressed to Treasury Secretary Timothy F. Geithner on Saturday.

Liddy said that he asked Geithner “to use that leverage and pursue every legal avenue to block these bonuses and make the American taxpayers whole.”

“I want everybody to be clear that Secretary Geithner’s been on the case,” Obama said. “He’s working to resolve this matter with the new CEO, Edward Liddy, who, by the way, everybody needs to understand, came on board after the contracts that led to these bonuses were agreed to last year.”

If the bonuses cannot be stopped, the U.S. Congress says they want AIG to reimburse the government. Congress is looking to impose stiff new taxes on the pay, or ordering the company to return the money which was originally granted from a government bailout. In a letter to House Speaker Nancy Pelosi on Tuesday, senator Richard Shelby promised that the treasury will recover all of the money. Several U.S. senators along with Liddy have sent letters to AIG asking for the bonuses to be renegotiated, something AIG agreed to and says they will reduce future bonuses by 30%. Senators state that if Libby does not respond by renegotiating the bonuses, the Senate Finance Committee will propose an excise tax. Not only will an excise tax be proposed on AIG, but all companies receiving bailout money and their employees who receive bonuses.

Numerous House Democrats have introduced legislation which would place a 100% tax on any bonuses of over $100,000 from companies that are receiving government bailout funds. Meanwhile in the Senate, a bipartisan proposal by Max Baucus (D-Montana) and Charles Grassley (R-Iowa) would levy a special 90% excise tax on AIG’s bonuses. Asked Senator Baucus, who chairs the Senate Finance Committee: “What is the highest excise tax we can impose that will stand up in court? Let’s find out.”

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