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Small PE firms outshine the largest over returns

By on September 4, 2021

first_img THE biggest private equity firms have not delivered the best returns, new research from European business school EDHEC showed yesterday.A firm’s size has a huge influence on its investments’ level of return – and this overwhelmingly seems to favour small independent firms over larger groups. Large firms which hold a large number of investments at the same time “underperform substantially”, according to the study that analysed 7,500 private equity investments worldwide over 40 years.Super-sized private equity houses such as Carlyle, with more than 400 investment managers and $98bn (£62bn) under management or KKR with $55.5bn under management and 650 staff, say they use their global reach and expertise to deliver market-leading returns. But layers of hierarchy and higher communication costs in big firms created diseconomies of scale, outweighing the benefits of pooling knowledge, the report said.Longer duration deals generated much lower returns than those held for less than two years. One in four deals achieved an internal rate of return (IRR) above 50 per cent, while the median IRR was 21 per cent. Share Monday 17 January 2011 8:54 pm Show Comments ▼ Tags: NULL whatsapp KCS-content whatsapp Small PE firms outshine the largest over returns Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap last_img read more

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Future Faces – Ross Harrison and Cory Hill

By on June 23, 2021

first_imgHill, who measures up at 6ft 4in and 17st 4lb, made 11 outings for the Blues this season, and as the player explains, it has allowed him to take tips from the best. “I have to thank Gareth Baber and Justin Burnell for picking me but I’ve learnt so much from the likes of Bradley Davies, Deiniol Jones and Paul Tito.”A raft of departures, including Tito and Jones, has left Hill, 20, hoping to clock up more minutes next season under new DoR Phil Davies. “Lots of players worked under Phil when he was with the Wales U20s and speak really highly of him, so I’m hoping for a few more run-outs at Cardiff Arms Park next year.”A product of Maesycoed, near Pontypridd, Hill is a Wales U16, U18 and second-season U20 cap who cut his teeth at Sardis Road in the Principality Premiership.First up is the small matter of the Junior World Cup. “It’ll be a special competition and I hope Wales do themselves justice,” says Hill.Rugby World Verdict: Hill’s leadership qualities and work-rate stand him in good stead. Owain JonesThis article appeared in the July 2012 issue of Rugby World Magazine.Find a newsagent that sells Rugby World in the UK. Or you may prefer the digital edition on your MAC, PC, or iPad. 22.07.11 – Cardiff Blues Rugby Squad 2011/2012 -Cory Hill.© Huw Evans Picture Agency LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Ross Harrison(Sale Sharks)Ross HarrisonAS ONE Sale and England prop is reaching the end of his career, another is waiting in the wings to fill his boots. But Andrew Sheridan is not departing before leaving a lasting impression on 19-year-old Ross Harrison, and it’s no surprise to hear that the former Lymm High School student’s childhood hero was big Sheri.Harrison, who can play on both sides of the scrum, started playing rugby when a PE teacher introduced him to the sport in Year Seven. He has never looked back, and having just finished his first year as a full-time member of Sale’s academy, he’s in South Africa this month with England U20 to play in the Junior World Cup.Harrison played for Sale’s first team five times this season, including in Aviva Premiership matches against Exeter and Harlequins, both games which he admits were faster than anything he’d experienced before. But his national coach Rob Hunter stresses that Harrison is in fine physical shape, and says the young prop, who has played tighthead for England U20, has a big future ahead of him.“Ross is a hard worker and very coachable,” says Hunter. “He’s quiet but he picks up things very quickly. “Sale’s a very good place for him to be. There’s a good vibe about the place with a lot of young players coming through.”Time will tell if Harrison can help Sale become the superpower that CEO Steve Diamond desires.Rugby World Verdict: Harrison is a glimmer of the young talent emerging at Sale. Bea AspreyCory Hill(Cardiff Blues)Cory Hill (he)Cory Hill will lead Wales U20 out in the Junior World Cup in South Africa despite not having featured in the red shirt during the U20 Six Nations. The powerhouse lock was not injured, however, but instead donned the blue of his region, Cardiff, in the RaboDirect Pro12.It’s a decision that has paid off for the player and his country, as his head coach Danny Wilson explains. “We felt Cory’s development would be better served by playing for his region. In the past few months he has matured as a leader and his work ethic is first-rate.” Would you like to sign up to Rugby World’s excellent weekly email newsletter? Click here.For Back Issues Contact John Denton Services at 01733-385-170last_img read more

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Anglican-Jewish Commission holds latest round of talks in Manchester, England

By on June 20, 2021

first_img Rector Shreveport, LA Posted Mar 29, 2019 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis [Anglican Communion News Service] Senior Anglican and Jewish leaders met this week for the latest meeting of the Anglican-Jewish Commission. The Commission is the vehicle for the official dialogue between the Archbishop of Canterbury and the Chief Rabbinate of Israel. The annual meetings usually alternate between Lambeth Palace and Jerusalem; but this week’s meeting took place in Manchester, England. “There is a strong Jewish population here and there is a vibrant Anglican Diocese”, the Anglican Co-Chair of the Commission, Archbishop of Dublin Michael Jackson said.Read the entire article here. Rector Washington, DC Rector Bath, NC Associate Rector Columbus, GA Associate Priest for Pastoral Care New York, NY Rector (FT or PT) Indian River, MI Curate Diocese of Nebraska In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Hopkinsville, KY Rector Knoxville, TN Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Ecumenical & Interreligious Canon for Family Ministry Jackson, MS Anglican Communion, New Berrigan Book With Episcopal Roots Cascade Books Rector Smithfield, NC Director of Administration & Finance Atlanta, GA Priest Associate or Director of Adult Ministries Greenville, SC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Submit a Job Listing Family Ministry Coordinator Baton Rouge, LA Featured Jobs & Calls Assistant/Associate Rector Washington, DC Submit a Press Release Assistant/Associate Priest Scottsdale, AZ Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Martinsville, VA center_img Rector/Priest in Charge (PT) Lisbon, ME Anglican-Jewish Commission holds latest round of talks in Manchester, England Priest-in-Charge Lebanon, OH Course Director Jerusalem, Israel Missioner for Disaster Resilience Sacramento, CA Rector Pittsburgh, PA Associate Rector for Family Ministries Anchorage, AK Rector Tampa, FL Cathedral Dean Boise, ID Submit an Event Listing Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Youth Minister Lorton, VA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Bishop Diocesan Springfield, IL Rector Albany, NY Press Release Service This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Featured Events Curate (Associate & Priest-in-Charge) Traverse City, MI Tags Assistant/Associate Rector Morristown, NJ Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Collierville, TN The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL Rector and Chaplain Eugene, OR An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Director of Music Morristown, NJlast_img read more

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Currie Cup best tries mix – Round 13

By on June 18, 2021

first_imgFriday Oct 8, 2010 Currie Cup best tries mix – Round 13 Were now getting to the business end of the Currie Cup as the fight for home semi finals heats up this weekend with the Springboks returning to action and the last game of the weekend set to decide the outcome on the final points standings.The Bulls, who play the Griquas away from home, arent taking any chances as they need to win with a bonus point and hope that both Western Province and the Cheetahs lose. Theyve been lucky enough to call upon returning Bok players Victor Matfield, Bakkies Botha, Danie Rossouw, Morne Steyn, and Wynand Olivier.At the top of the table the Sharks are sitting pretty as theyre safe in the knowledge that they cant be overtaken. Theyll travel to Cape Town to take on a Western Province side who need at least three points to secure a home semi final themselves.“It’s crunch time now,” said Sharks coach John Plumtree. If you look at our match, it’s the pick of the games of the weekend and probably has got the most riding on it.”The Cheetahs are the third team in with a shout for a home semi, so theyll be looking to get a bonus point win over the Leopards then rely on other results to seal their fate.Its set to be another fiercely competitive weekend, starting tonight as the Lions take on the Pumas in Johannesburg at 7pm and the Cheetahs and Leopards play at the same time in Phokeng. Tomorrow at 3pm the Bulls face the Griquas, and then at 5pm its the Western Province clash against the Sharks from Newlands.This video is from last weekend’s games, featuring some of the best tries of Round 13. Time: 04:22ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueey10 Types of Women You Should Never MarryNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 1 WEEK AGO WATCH: Brutal footage of the fight between Jake Ball and Alun Wyn Jones Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 23 HOURS AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 15 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. Shock result: Crusaders left to rue costly errors with win over Rebels not enough for final guarantee In a shock result, the Crusaders have failed to record the requisite winning margin needed over the Rebels to book themselves a spot in the Super Rugby Trans-Tasman final and are now reliant on the Blues dropping the ball against the Force. ‘I deliberately haven’t mentioned it too much this week’: Tim Sampson keeping mum ahead of Blues battle The Western Force aim to play the role of party poopers on Saturday when they take on the ladder-leading Blues at a venue that shall not be named. Highlanders player ratings vs Brumbies | Super Rugby Trans-Tasman The Highlanders have given themselves a decent shout at playing in the Super Rugby Trans-Tasman final. Who were the top dogs in what was effectively a semi-final showdown with the Brumbies? Hurricanes player ratings vs Reds | Super Rugby Trans-Tasman How did the Hurricanes rate in their final game of Super Rugby Trans-Tasman, their 43-14 victory over the Reds? Currie Cup best tries mix – Round 13 | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

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RSPCA launches ‘biggest animal rescue ever’ campaign

By on June 16, 2021

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. The RSPCA is launching an urgent appeal in support of what has been described as ‘the biggest animal rescue ever’.It aims to raise awareness of the big increase in the number of animals needing help since the Animal Welfare ct came into force in April 2007. The integrated campaign, which includes a DRTV commercial, online campaign, press inserts, cold mail and door drop, has been developed in conjunction with Whitewater.Through the new Animal Welfare Act the RSPCA can now act before an animal suffers, which has led to a dramatic increase in the workload of RSPCA inspectors, animal collection officers, centre staff and vets. The new campaign asks everyone who cares about animals to make a donation in support of the Biggest Animal Rescue.The TV advertisement and additional footage can be seen on the website and visitors can also download useful animal care leaflets, find their nearest animal centres and make donations.www.rspca-biggestanimalrescue.org.uk Howard Lake | 3 September 2008 | News Tagged with: Individual giving Whitewater  22 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis RSPCA launches ‘biggest animal rescue ever’ campaignlast_img read more

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Call for release of Tajik journalist sentenced to 12 years in jail

By on June 12, 2021

first_imgMirsaidov, who headed the national “Comedy Club” (KVN) team when arrested on 5 December 2017, was given the 12-year jail term on 11 July by a court in Khujand, the capital of the northern province of Sughd, after being convicted of misusing public funds, forgery and defamation. RSF and NANSMIT regard these veiled threats as indicative of a profound inability to tolerate criticism and as yet another attempt to deny Tajik citizens of their constitutional right to freedom of expression. Although no secrecy was placed on the investigation, Mirsaidov’s trial was held behind closed doors and journalists had limited access to information. Mirsaidov’s lawyers insist that the prosecution failed to demonstrate his guilt on any of the three charges and they have announced their intention to appeal in the next few days. to go further Follow the news on Tajikistan Organisation “Despite the official denials, the extraordinary severity of this sentence shows that this trial was politically motivated,” said Johann Bihr, the head of RSF’s Eastern Europe and Central Asia desk. He was arrested shortly after publishing an open letter accusing senior officials in Sughd province of corruption. “We call for Khayrullo Mirsaidov’s immediate release and for an impartial review of the case on appeal. We also urge the Tajik authorities to guarantee the primacy of the law and the freedom to do investigative reporting on matters in the public interest.” Tajikistan imposes total control over independent broadcast media NANSMIT chairman Nuriddin Karshiboyev added: “We followed Khayrullo Mirsaidov’s trial closely and we saw how his criticism of corruption rebounded on him. This verdict has buried all hope of combatting corruption. No one will now dare to draw attention to corrupt behaviour.” TajikistanEurope – Central Asia Protecting journalists CorruptionJudicial harassmentImprisoned News News Tajikistan is ranked 149th out of 180 countries in RSF’s 2018 World Press Freedom Index. RSF_en center_img Читать на русском / Read in RussianReporters Without Borders (RSF) and the National Association of Independent Mass Media in Tajikistan (NANSMIT) condemn the well-known Tajik journalist Khayrullo Mirsaidov’s 12-year prison sentence as an extremely grave threat to press freedom in Tajikistan. News TajikistanEurope – Central Asia Protecting journalists CorruptionJudicial harassmentImprisoned His sentence prompted many protests but the authorities were quick to react. In a statement issued on 12 July, the prosecutor-general’s office said the media coverage and criticism “exceeded the bounds of journalistic ethics” and “could be considered as an obstacle to the process of justice.” #CollateralFreedom: RSF unblocks eight sites censored during pandemic Help by sharing this information Journalist loses accreditation over report about Tajikistan’s president Receive email alerts News May 14, 2021 Find out more November 6, 2020 Find out more July 16, 2018 Call for release of Tajik journalist sentenced to 12 years in jail Related documents «Репортеры без границ» и НАНСМИТ требуют освобождения Хайрулло МирсаидоваPDF – 105.2 KB August 25, 2020 Find out morelast_img read more

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WNPAC segment airing on FOX

By on June 2, 2021

first_img Slap Your Mama It’s So Delicious Southern Squash CasseroleSouthern Style Potato SaladFruit Salad to Die ForPowered By 10 Sec Mama’s Deviled Eggs NextStay Previous articleTraffic stop leads to pursuit, narcotics chargesNext articleWWE’s Aiden English carrying Guerrero legacy back through West Texas, as SmackDown gets set to rock Odessa admin RELATED ARTICLESMORE FROM AUTHOR Home Local News WNPAC segment airing on FOX FOX Channel 24 (KPEJ) is now featuring a Wagner Noël Performing Arts Center segment on its Wednesday morning broadcasts.Marketing Manager Ginny Van Doren said “Wagner Noël Wednesdays” will highlight different events coming up, and when there is time, offer a behind-the-scenes look at the WNPAC.This is the first time the Wagner Noël has participated in this paid partnership with Fox, she said.Van Doren said the segments usually last about three minutes. OC employee of the year always learning Twitter WhatsApp Pinterest 2021 SCHOOL HONORS: Permian High School Facebookcenter_img Twitter ECISD undergoing ‘equity audit’ WhatsApp Facebook Local News WNPAC segment airing on FOX Lorra Johnson points to a sensory icon on a smart board during elementary primary class in the new Bynum School in Midland. By admin – March 16, 2018 Pinterestlast_img read more

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Another Record-Setting Month for Housing

By on May 31, 2021

first_imgHome / Daily Dose / Another Record-Setting Month for Housing In April, homes stayed on the market an average 32 days, and the median sales price hit $320,000. Both metrics set new records in the 13-year history of a report published by RE/MAX Holdings, franchisor of real estate brokerage services. The data team there goes on to report more key housing market indicators that they say signal “a potentially torrid market” as we enter traditional peak sales months.Quick sales further strained the housing inventory, which reached a record low of 1.1, compared to the previous report record of 1.3 in March. The shortage remains a primary issue, RE/MAX reports. However, with more homes coming onto the market in April, recent double-digit, month-to-month declines in active inventory dropped to just 2.4% from March to April, RE/MAX reported. Still, compared with last year, inventory was down 42.2%.”Even with rising home prices, super-quick turnarounds, and fierce competition for available listings, April 2021 saw more home sales than any April in at least 13 years. That’s a clear reflection of overwhelming demand and the resilience of today’s buyers,” said Adam Contos, CEO of RE/MAX Holdings, Inc. “The 32 Days on Market average—a report record—is noteworthy, too. Many listings are being snapped up the day they go on sale—or within just a few days.”In 53 metros covered by the RE/MAX report, April home sales were up 5.3% over the previous month. One year ago during this same period sales dipped 13.7%, but that was due to the coronavirus and socially distancing.Just as other researchers have said, the team at RE/MAX remarked that their year-to-year- comparisons are skewed by pandemic-spurred restrictions during April 2020. Nonetheless, they say, housing activity in the report’s 53 markets nationwide last month hit several notable milestones:Home sales were the highest for April in report history and marked the 10th highest month in the past 13 years.April’s record low of 32 days on market trimmed four days off the previous report record of 36 days set in November 2020—a significant change from April 2020’s 46 days.The median sale price jumped 5.9% over March and was the highest month-to-month increase since 6.2% from May to June 2019.The RE/MAX National Housing Report is distributed each month at news.remax.com/housing-reports. Sign up for DS News Daily About Author: Christina Hughes Babb 13 days ago 481 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Share 2Save 2021-05-17 Christina Hughes Babb Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Related Articles Demand Propels Home Prices Upward 1 day ago Demand Propels Home Prices Upward 1 day ago Servicers Navigate the Post-Pandemic World 1 day ago The Best Markets For Residential Property Investors 2 days ago Another Record-Setting Month for Housing Previous: Most Valuable Company: Claims Recovery Financial Services Next: Servicers and Regulators Unite for Struggling Borrowers Data Provider Black Knight to Acquire Top of Mind 1 day ago Data Provider Black Knight to Acquire Top of Mind 1 day ago Servicers Navigate the Post-Pandemic World 1 day ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribelast_img read more

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Coronavirus shuts down major cities, Trump asks Americans to avoid groups over 10 people

By on May 18, 2021

first_imgjarun011/iStock(NEW YORK) — Major cities are shutting down restaurants, bars, gyms and schools to try to stop the spread of the novel coronavirus, which has killed at least 85 people in the United States.There are at least 4,661 confirmed cases in the country. COVID-19 has reached 49 states, Washington, D.C., and Puerto Rico.Globally, there are more than 181,580 coronavirus cases and more than 7,130 deaths, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. Here’s how the news unfolded Monday. All times Eastern:10:30 p.m. Colorado is latest state to close bars, eliminate dining inColorado joined the list of states that are closing food and entertainment businesses as U.S. public life grinds to a halt.Health officials in Colorado announced they are closing bars, restaurants, gyms, theaters and casinos effective at 8 a.m. Tuesday for 30 days.“We understand the gravity of this public health order, and the disruption it will cause,” Jill Hunsaker Ryan, executive director of the Colorado Department of Public Health and Environment, said in a statement Monday. “But we are weighing this disruption against the need to save lives. Based on the experience of other countries, the state of Washington, and modeling data, the sooner we begin social distancing measures on a large enough scale, the more quickly we can slow transmission of the virus, which translates into less people requiring hospitalization at the same time and more lives saved.”Major cities including Washington, D.C., and Houston rolled out similar restrictions earlier Monday. The governors of New York, New Jersey and Connecticut also announced that they would abide by the same rules for closures.The three states agreed to close gyms, movie theaters and casinos as of 8 p.m. Monday, with all restaurants and bars restricted to takeout and delivery only.7:30 p.m. Thousands of McDonald’s expected to close dining areasMcDonald’s officials said they plan to close the dining rooms in all company-owned U.S. locations at the close of business on Monday, and they have asked local franchise owners to do the same.“To align with increasing regulations throughout the country, effective at the close of business today, McDonald’s USA company-owned restaurants will close seating areas, including the use of self-service beverage bars and kiosks, and shift our focus to serving customers through Drive-Thru, walk-in take-out and McDelivery,” the company said in a statement Monday night.The fast-food giant will also close all of its play places after Monday.McDonald’s, which owns about 5 percent of its nearly 14,000 U.S. restaurants, said franchise owners are “strongly encouraged to adopt similar operations procedures.”“Franchisees are strongly encouraged to adopt similar operations procedures while keeping the needs of their people and communities at the center of their decisions,” the statement said. “This guidance is supported by franchisee leadership and is expected to be adopted by the majority of franchisees.”Starbucks, Chick-fil-A and Taco Bell are among the chains that are also reducing or eliminating on-site dining during the COVID-19 outbreak.6:15 p.m. Justice Department cracking down on COVID-19 scamsThe attorney general is directing states to prioritize the prosecution of scammers, fraudsters and cybercriminals looking to exploit the COVID-19 crisis.“The pandemic is dangerous enough without wrongdoers seeking to profit from public panic and this sort of conduct cannot be tolerated,” U.S. Attorney General William Barr wrote in a memo sent to U.S. attorneys offices around the country Monday evening. “Every U.S. attorney’s office is thus hereby directed to prioritize the detection, investigation, and prosecution of all criminal conduct related to the current pandemic.”The memo also asks U.S. attorneys to work with the chief judges in their districts “to ensure that every appropriate precaution is taken to protect the health of those who practice in or are called before our courts.”“It is vital that we work together to safeguard our justice system and thus the safety and security of our nation,” Barr said.4:59 p.m. Major shutdowns in DC, LA, Maryland, Washington stateMore states are forcing their establishments to close their doors Monday.In Washington, D.C., where there are 17 coronavirus cases, all gyms and theaters are closing as of 10 p.m. Monday.Bars and restaurants will remain open for carry-out or delivery only.Maryland shut down all bars, restaurants, theaters and gyms beginning at 5 p.m. Monday, the governor said. Drive through, carryout and delivery food services will still be allowed.“It’s impossible to know how long the threat will continue,” Gov. Larry Hogan said. “We can’t afford to wait to take action.”Washington state is also shuttering its entertainment venues and recreational facilities, as well as limiting restaurants to delivery and take-out. The ban does not apply to grocery stores and pharmacies.Washington state has been especially hard-hit by the coronavirus with at least 42 fatalities.Los Angeles Mayor Eric Garcetti also took action. The nation’s second largest city is closing bars, nightclubs, entertainment venues and gyms until at least March 31.Restaurants will remain open only for takeout and delivery.Grocery stores, pharmacies and food banks will remain open, the mayor said.The announcement included a moratorium on evictions for renters.At least one person has died in Los Angeles County.4:12 p.m.: Restrictions in France, Canada, UK, AustraliaFrench President Emmanuel Macron announced that “the borders at the entrance to the EU and the Schengen area will be closed” starting Tuesday at noon.“We are at war,” Macron repeated in his televised address Monday.All trips between non-European and European countries will be suspended for 30 days, but French nationals will be allowed to return to France.Canada is barring foreigners and non-residents from entry, Canadian Prime Minister Justin Trudeau said Monday.He said exemptions will be made for diplomats, air crews, some family members and for now, American citizens.Starting Thursday only four airports in Canada will accept international flights: Toronto, Montreal, Vancouver and Calgary.Trudeau is self-isolating after his wife tested positive for coronavirus.United Kingdom Prime Minister Boris Johnson on Monday asked the entire U.K. population to voluntarily avoid unnecessary travel, social contact, bars, restaurants and theaters.Those over 70 years old and with underlying conditions are especially vulnerable to coronavirus, so Johnson is asking them to self-isolate at home from the end of this week for a period of 12 weeks.Johnson said if one family member contracts coronavirus, the whole family should self-isolate for 14 days.Meanwhile, the Australian government is requiring citizens and foreign nationals to self-quarantine for 14-days upon entry.4:02 p.m.: Residents must shelter in place in Northern CaliforniaAll residents are being ordered to shelter at home in six counties in the San Francisco area.Travel must be limited to only essential needs for three weeks beginning March 17 in Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties.“Temporarily changing our routine is absolutely necessary to slow the spread of this pandemic,” Santa Clara County public health officer Dr. Sara Cody said in a statement. “The Health Officers from the largest jurisdictions in the San Francisco Bay Area are united and we are taking this step together to offer the best protection to our respective communities.”“It is not complete social shutdown,” Dr. Matt Willis, Marin County’s public health officer, added in the statement. “You can still complete your most essential outings or even engage in outdoor activity, so long as you avoid close contact.” 3:43 p.m.: Trump asks Americans to avoid restaurants, groups more than 10President Donald Trump on Monday urged all Americans to avoid restaurants, bars, discretionary travel and groups of more than 10 people.His administration released a list of guidelines Monday that included staying home and away from others if you are older or have a serious underlying health condition that could put you at increased risk.A nationwide quarantine is not being considered “at this point,” Trump said at a briefing at the White House Monday.3:20 p.m.: Suspicious cyberactivity targets Department of Health and Human ServicesThe Department of Health and Human Services experienced suspicious cyberactivity Sunday night related to its coronavirus response, administration sources confirmed to ABC News Monday.The suspicious activity HHS was not a hack but it may have been a distributed denial of service — or DDOS — attack, according to multiple sources.The distinction is important because there was no apparent breach of the HHS system, which could interfere with critical functions of the lead agency responding to the coronavirus contagion. The DDOS effort apparently had automated users — called bots — trying to overwhelm the public-facing HHS system in order to slow it down or even paralyze it.Officials believe any coordinated effort — if there was one — was not particularly successful and are satisfied that the system was not significantly affected.HHS spokesperson Caitlin Oakley said in a statement: “HHS has an IT infrastructure with risk-based security controls continuously monitored in order to detect and address cybersecurity threats and vulnerabilities. On Sunday, we became aware of a significant increase in activity on HHS cyber infrastructure and are fully operational as we actively investigate the matter.”“Early on while preparing and responding to COVID-19, HHS put extra protections in place,” Oakley added.2:25 p.m. MLB pushes back seasonMajor League Baseball is pushing back the start of the season until at least mid-May due to the CDC restricting events of more than 50 people for the next eight weeks.1:50 p.m.: Canada bans foreigners from entryCanada is barring foreigners and non-residents from entry, Canadian Prime Minister Justin Trudeau said Monday.He said exemptions will be made for diplomats, air crews, some family members and for now, American citizens.Starting Thursday only four airports in Canada will accept international flights: Toronto, Montreal, Vancouver and Calgary.Trudeau is self-isolating after his wife tested positive for coronavirus.1:45 p.m.: Restrictions in the UKUnited Kingdom Prime Minister Boris Johnson on Monday asked the entire U.K. population to voluntarily avoid unnecessary travel, social contact, bars, restaurants and theaters.Those over 70 years old and with underlying conditions are especially vulnerable to coronavirus, so Johnson is asking them to self-isolate at home from the end of this week for a period of 12 weeks.Johnson said if one family member contracts coronavirus, the whole family should self-isolate for 14 days.1:30 p.m.: Italy’s death toll passes 2,000In the last 24 hours, 349 people have died from COVID-19 in Italy, bringing the country’s total number of fatalities to 2,158, according to the country’s Civil Protection Agency.Italy has recorded the highest number of deaths from coronavirus following China.As the number of coronavirus cases rises, why is Italy being hit so hard?Italy has a total of 27,980 confirmed in-country coronavirus cases.Residents of Italy remain under a mandated lockdown.12:33 p.m.: Cyberattack on Health and Human ServicesThe Department of Health and Human Services (HHS) experienced a form of cyberattack Sunday night related to its coronavirus response in an attempt to slow down its operations, administration sources confirmed to ABC News Monday.The assault targeting HHS was not a hack but a distributed denial of service — or DDOS — attack, according to multiple sources.The distinction is important because there was no apparent breach of the HHS system, which could interfere with critical functions of the lead agency responding to the coronavirus contagion. The DDOS effort apparently had automated users — called bots — trying to overwhelm the public-facing HHS system in order to slow it down or even paralyze it.Officials believe the effort was not particularly successful and are satisfied that the system was largely able to repel the intrusion.Tune into ABC News Live at noon ET every weekday for the latest news, context and analysis on the novel coronavirus, with resources from the full ABC News team.12:24 p.m. SAT is canceledThe College Board has canceled the May 2, 2020, SAT due to the pandemic.The March 14 exam had been scheduled for March 28, but that is also now canceled.The June 6, 2020, SAT exam has not been canceled as of Monday. The College Board said it “will continue to assess its status with the health and safety of students and educators as our top priority.”11:52 a.m. Major shutdowns in Maryland, Washington, Los AngelesMore states are forcing their establishments to close their doors Monday.Maryland will shut down all bars, restaurants, theaters and gyms beginning at 5 p.m. Monday, the governor said. Drive through, carryout and delivery food services will still be allowed.“It’s impossible to know how long the threat will continue,” Gov. Larry Hogan said. “We can’t afford to wait to take action.”Washington state will also shutter its entertainment venues and recreational facilities and limit restaurants to delivery and take-out. The ban will not apply to grocery stores and pharmacies.Washington state has been especially hard-hit by the coronavirus with at least 42 fatalities.Los Angeles Mayor Eric Garcetti is also taking action.The nation’s second largest city is closing bars, nightclubs, entertainment venues and gyms until at least March 31.Restaurants will remain open only for takeout and delivery.Grocery stores, pharmacies and food banks will remain open, the mayor said.The announcement included a moratorium on evictions for renters.“This will be a tough time, but it is not forever. Angelenos have always risen to meet difficult moments, and we will get through this together,” Garcetti said in a statement. 11:17 a.m.: Supreme Court postpones March argumentsThe U.S. Supreme Court has taken the extraordinary step of postponing oral arguments for more than a dozen cases, including three involving subpoenas for President Donald Trump’s financial records, citing “public health precautions” due to the COVID-19 pandemic.The delay of cases is believed to be the most significant disruption to the court’s business since the 1918 Spanish flu epidemic when several arguments were postponed for roughly a month, according to court records.The justices, many of whom are among the most at-risk for COVID-19 given their age and underlying health conditions, remain in good health and continue to work on court business from home or their private chambers, court spokeswoman Kathy Arberg told ABC News.10:45 a.m.: New York City to limit all restaurants, states work togetherNew York City will close all nightclubs, movie theaters and concert venues as of Tuesday morning.All restaurants, bars and cafes will be limited to food take-out and delivery.“Our city is facing an unprecedented threat, and we must respond with a wartime mentality,” Mayor Bill de Blasio said.New York Gov. Andrew Cuomo told “Good Morning America” Monday that the U.S. has “been behind this disease from day one. We saw the disease developing in China back in November. We weren’t ready for it, and we’ve been playing catchup ever since.”“The wave is going to break on the hospital system,” he warned. “We don’t have the capacity to build more hospitals quickly. The only way would be if the army corps of engineers came in, worked with the states to retrofit existing buildings.”Cuomo said the “federal government has to get more engaged.”“There’s been no country that has handled this that has not nationalized it. This patchwork quilt of policies doesn’t work,” he said. “It makes no sense for me to do something in New York and New Jersey to do something else.”Cuomo then banded together with the governors of New Jersey and Connecticut Monday as they said their states would abide by the same rules for closures.Following the CDC guidelines the three states will prohibit gatherings of 50 people or more. Supermarkets, medical offices and other essential services are able to remain open beyond 8 p.m. but must adhere to social distancing policies“This is a virus that knows no borders,” Connecticut Gov. Ned Lamont said.The governors said they believed this is the first region in the country to announce joint closure policies. The governors, all Democrats, said they were forced to act because of a lack of coordination from the federal government.10:01 a.m.: Egypt halting all flightsEgypt is halting all domestic and international flights beginning Thursday, a government spokesman told ABC News.The announcement was made now to give tourists time to leave the country, cabinet spokesman Hany Younes said. “They are free to stay for as long as they want, but there will be no flights until March 31,” Younes said.9:45 a.m. Trading temporarily halted as markets plummet despite Fed interventionTrading on Wall Street was temporarily halted after markets plunged early Monday as the novel coronavirus outbreak continues to upend business and travel across the world. The Dow Jones Industrial Average plummeted more than 2,250 points or 9.7% just after trading began. The S&P 500 fell more than 8%, triggering a “circuit-breaker” halt of 15 minutes.The major sell-off comes even after the Federal Reserve made a surprise announcement on Sunday that it’s slashing interest rates to near zero and spending $700 billion to buy Treasury and mortgage bonds to help buoy the economy during the coronavirus pandemic.The intervention did not appear to be enough to quell investors’ worries about the economic impacts of the outbreak on businesses. Local governments including in New York and Los Angeles announced over the weekend they were shuttering businesses such as bars and entertainment venues. 9:37 a.m. New York City to limit all restaurants to take-out and deliveryNew York City will close all nightclubs, movie theaters and concert venues as of Tuesday morning. Also, all restaurants, bars and cafes will be limited to food take-out and delivery. “Our city is facing an unprecedented threat, and we must respond with a wartime mentality,” Mayor Bill de Blasio said.New York Gov. Andrew Cuomo told ABC News’ Good Morning America Monday that the U.S. has “been behind this disease from day one. We saw the disease developing in China back in November. We weren’t ready for it, and we’ve been playing catchup ever since.” “The wave is going to break on the hospital system,” he warned. “We don’t have the capacity to build more hospitals quickly. The only way would be if the army corps of engineers came in, worked with the states to retrofit existing buildings.” Cuomo said the “federal government has to get more engaged.” “There’s been no country that has handled this that has not nationalized it. This patchwork quilt of policies doesn’t work,” he said. “It makes no sense for me to do something in New York and New Jersey to do something else.” 9:31 a.m. Peace Corps evacuating all volunteersThe Peace Corps is suspending all activities around the world, evacuating its volunteers from dozens of countries, the organization announced Sunday night.9:22 a.m. Health and Human Services experiences cyber attackThe Department of Health and Human Services experienced a cyber attack Sunday night related to it’s coronavirus response, administration sources told ABC News. The attempt was to slow down operations, according to sources. The nature and origin of the attack is still under investigation.8:18 a.m. NBA star on the ‘scariest part about this virus’Utah Jazz player Donovan Mitchell, one of several NBA players who tested positive for COVID-19, has no symptoms, he told Good Morning America Monday.“If you were to tell me I could play in a seven-game series tomorrow, I would be ready to lace up,” he said. “I’m blessed that’s the case.” Mitchell spoke to GMA anchor Robin Roberts via video Monday as he self isolates.“I don’t have any symptoms — I could walk down the street. If it wasn’t public knowledge that I was sick, you wouldn’t know it,” Mitchell said. “I think that’s the scariest part about this virus — you may seem fine, be fine, and you never know who you may be talking to, who they’re going home to.”7:28 a.m. Stock futures pointing down at least 5%As it stands, stock futures are pointing down 5%. They’re “limit down” which means that they have hit their limit and can’t go any lower until markets open.“Limit down” is similar to circuit breakers when the market is open to keep stocks from heading into free fall. Stocks are expected to fall even further as there are exchange-traded funds (ETFs) which mimic the S&P 500 which are down around 9% right now.The first circuit breaker kicks in if S&P 500 falls 7%.7:16 a.m. New York Gov. Andrew Cuomo tells ABC News that federal assistance and a unified approach is needed to take on coronavirus“Look, we have been behind this disease from day one. We saw the disease developing in China back in November. We weren’t ready for it, and we’ve been playing catchup ever since,” Cuomo told George Stephanopoulos on Good Morning America.Cuomo continued: “You have to get ahead of this, right? It’s not fighting the last war, it’s fighting the next war. The next war is going to be overwhelming our hospital systems. You look at any of these projections and you see that coming. When you see that chart of the curve, I see it as a wave and the wave is going to break on the hospital system. We don’t have the capacity to build more hospitals quickly. The only way would be if the army corps of engineers came in, worked with the states to retrofit existing buildings.”Cuomo also railed against what he called the “patchwork quilt” approach has so far allowed to go on.“This federal government has to get more engaged,” Cuomo said. “There’s been no country that has handled this that has not nationalized it. This patchwork quilt of policies doesn’t work. It makes no sense for me to do something in New York and New Jersey to do something else.”Said Cuomo: “If I say you can’t go to a bar in New York, you know you’ll go to New Jersey, you’ll go to Connecticut, you’ll go to wherever you can be served. That’s the last thing we want. Set the national standards and let’s live with them. Otherwise, again, you come up with this ad hoc system that’s not going to work.”7:10 a.m. China relaxes travel restrictions in HubeiChina is relaxing travel restrictions in the hardest-hit virus province of Hubei and sending thousands of workers back to jobs at factories desperate to get production going again.The move comes as Chinese officials say the outbreak that spread from Wuhan starting in December has mostly run its course domestically, while they remain vigilant against imported cases.5:30 a.m. Jack Ma says first shipment of masks and coronavirus test kits to the US is taking off from ShanghaiJack Ma tweeted that a huge shipment of masks and coronavirus testing kits is now en route to the United States from Shanghai.The first shipment of masks and coronavirus test kits to the US is taking off from Shanghai. All the best to our friends in America. pic.twitter.com/LTn26gvlOl— Jack Ma (@JackMa) March 16, 2020The shipment is said to contain 500,000 coronavirus testing kits and one million masks. Ma has urged international cooperation to fight the health crisis.5:13 a.m. Russia closes borders with BelarusRussia has announced it is closing its border with Belarus, one of its major entry points to Europe, in response to the coronavirus outbreak. Goods will still be allowed to cross the border, but the passage of people will no longer be permitted.Substantial restrictions of flights to Europe from Russia also begin today. All flights to European Union countries, Norway and Switzerland are to be halted, except for those leaving from a single terminal at one of Moscow’s airports and flying to the countries’ capitals. Currently only two of Russia’s borders have no restrictions linked to the virus — Finland and Azerbaijan.It comes as Russia steps up its measures in an attempt to contain the spread of the virus.4:36 a.m. Roche Diagnostics has received emergency approval for a new coronavirus test it developedThe company received emergency approval late Thursday night from the U.S. Food and Drug Administration to send half a million tests to labs across the country from its North America headquarters in Indianapolis.“For us, it’s been all about how do we make sure the patients who need to test, get the test at the time they need it,” Randy Pritchard, senior vice president of marketing for Roche, said.In six weeks, the company was able to develop the test when it normally takes about 18 months to identify a virus and submit something to the FDA, Pritchard said.With the new test, you can have results as fast as three days as opposed to days with some current tests.3:53 a.m. Australian TV journalist who met with Rita Wilson has virusAn Australian television journalist said Monday he has the new coronavirus and assumes he contracted it while meeting with actress-singer Rita Wilson in Sydney.Nine Network entertainment editor Richard Wilkins, 65, said he was tested because he met Wilson at the Sydney Opera House on March 7 and again at Nine’s Sydney studio on March 9. The result came back positive on Sunday.“I’m surprisingly very well,” Wilkins told Nine by Facetime from his Sydney home, where he has self-isolated since Wilson’s diagnosis.“You could’ve knocked me over with a feather last night when I got that call. It took me a couple of minutes to reel from the news that they gave me. But I feel fine. I feel 100%,” Wilkins added. “We’re assuming this is from Rita. It may not be. They’ve all said it could be anyone, anywhere, any time, such is the prevalence of this thing.”Wilson and her husband Tom Hanks have been isolated in an Australian hospital since they were both diagnosed with COVID-19 on March 12.3:20 a.m. Santa Monica closes pier due to public safety concernsSanta Monica has issued an executive order to temporarily close the Santa Monica Pier to the public as part of its local emergency proclamation beginning at 6 a.m. on Monday, according to a statement from Santa Monica officials.“We welcome thousands of guests to our Pier each and every day, so we take this step out of the deepest desire to keep people at home and healthy,” said City Manager Rick Cole. “We love our Pier and the joy it brings to everyone that visits, but in this moment, we must take aggressive actions to slow the spread of COVID-19.”The City team is closely monitoring CDC, State, and County Health Department guidance to determine when and/or how the Pier can be reopened to the public.“We are in full support of this temporary closure to the public amid this health crisis. Though this will heavily impact the Pier businesses, in this historic moment it is the right thing to do,” said Negin Singh, executive director of the Santa Monica Pier Corporation. “We know that once we overcome the COVID-19 pandemic, our Pier will play an important role in serving the public with our great food, attractions, performers and free, world-class events. We all look forward to welcoming you back.”12:21 a.m. Washington to shut down bars, eliminate in-person diningWashington state is following the national trend shuttering entertainment venues and recreational facilities, and limiting restaurants to delivery and take-out.Gov. Jay Inslee released a statement Sunday night local time announcing that he will sign the statewide proclamation on Monday.The ban will not apply to grocery stores and pharmacies, although other retail outlets will have reduced occupancy, the statement said.“These are very difficult decisions, but hours count here and very strong measures are necessary to slow the spread of the disease,” Inslee said.Washington’s King Country, which includes the county seat of Seattle, has been one of the centers of the coronavirus outbreak in the U.S.12:11 a.m. Los Angeles closing bars, clubs and gymsLos Angeles Mayor Eric Garcetti announced that the city will be closing bars, nightclubs, entertainment venues and gyms until at least March 31.Restaurants will remain open only for takeout and delivery.The order extends to libraries, recreation centers and zoos.Grocery stores, pharmacies and food banks will remain open, the mayor said. In addition, the announcement included a moratorium on evictions for renters.The executive order, which came an hour after New York City made a similar announcement, puts the United States’ two largest cities under unprecedented restrictions during a national health crisis.The Los Angeles closures go into effect Sunday at midnight local time.“This will be a tough time, but it is not forever. Angelenos have always risen to meet difficult moments, and we will get through this together,” Garcetti said in a statement.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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Tropical Storm Isaias live updates: At least 3 dead, latest path

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first_imgABC NewsBy DANIEL MANZO, EMILY SHAPIRO and MELISSA GRIFFIN, ABC News(NEW YORK) — Tropical Storm Isaias is racing up the East Coast, battering New Jersey, New York, Virginia, Maryland and Pennsylvania with heavy rain, flooding, tornadoes and rough winds.One person in Maryland and two others in North Carolina have died.Over 1.8 million customers are without power in North Carolina, Virginia, Pennsylvania, Maryland, Delaware and New Jersey.There have already been at least 16 reported tornadoes from North Carolina to New Jersey.Here is the latest:New Jersey, PennsylvaniaNew Jersey Gov. Phil Murphy has declared a statewide state of emergency.“Do not be on the roads unless absolutely necessary,” he tweeted.Long Beach Island on New Jersey reported a wind gust of 109 mph.By Tuesday morning, the streets in Philadelphia suburb Bryn Mawr looked like a river.MarylandIn coastal St. Mary’s County, Maryland, a driver was killed Tuesday morning when a massive tree fell on the car, according to the county sheriff’s office.Over eight inches of rain have been reported in Talbot County, Maryland.At Maryland’s Charles County-Prince George’s County line, two cars were swept off a flooded road, leaving people clinging to trees and on the roof of cars, reported ABC’s D.C. affiliate WJLA.Rescuers brought rafts and an airboat and it did not appear anyone was seriously injured, WJLA reported.New York, Connecticut, New EnglandIn New York City, Lower Manhattan is especially vulnerable to flooding, said Mayor Bill de Blasio.Between the rain, possible flooding, gusty winds and tornadoes, New Yorkers should “take it seriously,” de Blasio warned Tuesday.Powerful winds will overtake Long Island and Connecticut while tornadoes will be possible in southern New England.By Tuesday night, the tornado threat will move to northern New England as Isaias heads toward Canada.Carolinas, VirginiaIsaias made landfall in North Carolina as a Category 1 hurricane around 11 p.m. Monday, lashing the coastline and leaving a trail of damage in its wake.At least two people in North Carolina have died, according to ABC Raleigh station WTVD.“All in all, this storm got in, got out pretty quickly and that’s a good sign for potential river flooding which we hope will not be serious,” North Carolina Gov. Roy Cooper told “Good Morning America” Tuesday. “The damage was not in any way as great as it could have been.”In South Carolina, storm surge caused streets to turn to rivers, homes to flood and cars to end up buried under sand.As Isaias moved north, multiple homes were damaged by downed trees in Suffolk, Virginia, city officials said.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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