Category: cztxi

‘Paramedic of the Year’ accused of helping to steal vaccine

first_imgBARTOW, Fla. (AP) — Officials say a Florida man who had been recently named “Paramedic of the Year” helped a supervisor steal COVID-19 vaccines meant for first responders. Polk County Sheriff Grady Judd said in a news conference Tuesday that 31-year-old Joshua Colon forged paperwork to help cover up the theft of 30 doses of the Moderna vaccine. Colon was arrested on Monday. He has resigned from the fire department. Colon told investigators a captain with the fire department asked him to take the vaccine. Judd says the captain will be arrested when he returns home from a work assignment. The investigation began when a battalion chief noticed discrepancies in the vaccine paperwork.last_img

Roanoke, VA

first_imgIllustration by Scott DuBarThere’s not much an outdoor junkie can’t do in Roanoke. “Here, it’s all about diversity with easy access,” says Pete Eshelman, a former West Coast ski bum and current avid mountain biker, who moved east to help Roanoke promote their backyard treasures as the city’s Director of Outdoor Branding. “Within 10 minutes you can be on a river, cycling on the Blue Ridge Parkway, or hiking the Appalachian Trail.”Indeed, Roanoke is perfectly situated for a variety of adventures—sandwiched between the A.T. and the Parkway and bordered by the vast expanse of the George Washington/Jefferson National Forest. It’s no wonder the city has become one of the East’s most popular outdoor meccas with particularly vibrant scenes in cycling and running. Eshelman offered six local favorites.Eshelman’s Outdoor PicksMcAfee Day HikeThe three-mile hike on the Appalachian Trail to McAfee Knob offers one of the sweetest expansive views the Blue Ridge has to offer. Reputed to be the most photographed spot on the A.T., the rocky overlook delivers a wide panoramic view of Tinker Cliffs to the north, the Catawba Valley to the west, and the Roanoke Valley to the east.Go LongerIf you have a few days to hit the trail, hike the 32-mile loop of the A.T., Andy Layne Trail, and North Mountain Trails that crosses Dragon’s Tooth, McAfee Knob, and Tinker Cliffs. Screaming SingletrackIn the Roanoke Valley, you can’t beat the epic singletrack at Carvins Cove, the second largest municipal park in the nation with over 40 miles of trails. Try the popular route from the Bennett Springs parking lot that traverses Brushy Mountain and features a screaming descent down the infamous Gauntlet.Go ClubbingCyclists shouldn’t be shy about joining the Blue Ridge Bicycle Club’s (brbcva.org) Famous Tuesday Night Ride. The 20-mile jaunt starts and finishes in downtown Roanoke with a stint up to the Blue Ridge Parkway before returning for post-ride beers at Cornerstone Bar & Grill.Run Mill MountainTrail runners can take advantage of the network of footpaths in Mill Mountain Park. Try the eight-mile route that moves from the Ridgeline Trail to the Chestnut Ridge Loop and back to Mill Mountain. Best Paddle SpotsFor a flatwater fix, paddle the scenic 13-mile stretch of the Upper James River Water Trail Flat Water from Iron Gate to Craig Creek. Whitewater boaters play in the class II waves of the three-mile Roanoke River Gorge run.Blue Ridge Outdoors - Happy Trails - Roanoke, VAlast_img read more

Five Soldiers Die in Shining Path Attack

first_imgBy Dialogo August 17, 2012 Five Peruvian Army soldiers were killed and seven others wounded on the night of August 15, during a Shining Path guerrilla attack in the area of Junín, east of capital Lima, informed the news media. The attack occurred at 20:30 h (1:30 h GMT) when an unknown number of men fired long-range weapons on the Mazángaro Military Base located in a highly dense forest in the province of Satipo. The first reports by local Peruvian newspaper La República and the RPP radio station acknowledged the deaths and injuries of the Mazángaro troops, but did not mention any casualties among the Shining Path. In Lima, authorities were silent and military sources expected an official report from the Armed Forces Joint Command, which controls and directs operations against the rebels. This is the second incident in the area since August 12, when an army sergeant died during an armed attack from Shining Path rebels near Mazángaro, located in the Apurimac and Ene rivers valley (VRAE), a coca-growing area where drug traffickers operate under guerrilla protection, reported Peruvian authorities. The Armed Forces Joint Command attributed the attack to retaliation for the capture of a rebel by soldiers on August 11, in the same area. The Shining Path split in mid-1990s, unleashing an internal war between 1980 and 2000, that left 69,000 people dead or missing, according to the Truth and Reconciliation Commission.last_img read more

5 considerations for implementing FASB’s CECL Model

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Erick Smith Erick Smith is a lending solutions marketing manager who supports a portfolio of commercial lending solutions at D+H. Prior to joining D+H, Erick spent 10+ years at consumer … Web: www.dh.com Details Automation has been used across banking systems to streamline data input, reduce duplication and make calculations more reliable. However, the Allowance for Loan and Lease Loss (ALLL) calculation has traditionally been a cumbersome process, combining complex data analysis with antiquated technologies. What once lived on a spreadsheet and was decipherable only by a few financial analysts, will no longer suffice under the proposed Current Expected Credit Loss (CECL) model for calculating ALLL. CECL will require sophisticated forecasting methodology that relies on extensive historical data – and this too can be enhanced by automation.Interested in learning how to prepare for the changes ahead? Register now to attend a D+H-hosted webinar – ALLL and FASB’s CECL Model: Perspectives to Consider for Your Financial Institution – Wednesday, April 13th. Click here to register for this upcoming event.A New ALLL Calculation Approach with Far-Reaching Impact The proposed Accounting Standards Update, Financial Instruments—Credit Losses (Subtopic 825-15), would replace the existing incurred loss model with the CECL model for calculating the ALLL. This change from an impairment analysis to a forecast of life-of-loan losses is significant, and will potentially have a dramatic impact on the balance sheet and capital reserve requirements. The FASB (Financial Accounting Standards Board) is expected to finalize the standard in the first half of 2016 with an effective date of January 1, 2019, for public entities that are required to file reports with the SEC and January 1, 2020, for non-filers. Federal banking examiners are expected to issue guidance to financial institutions in advance of the effective date.As one of the most impactful changes facing the industry, the FASB’s proposed adoption of the CECL model into generally accepted accounting principles (GAAP) will require financial institutions to compile and analyze enough historical data to support reliable predictions about future loan performance.In anticipation of the issuance of a final standard, financial institutions must begin to assess where that data going to come from, how much data will be enough, and how that data can be applied to a forecasting methodology that will provide meaningful results.Furthermore, the question looms as to how complex the forecasting methodology must be, and financial institutions must understand the point at which the cost of gathering this intelligence outweighs the benefit of a more accurate ALLL reserve. Guidance from regulators will be crucial to this determination and will hopefully address the issue of scalability.How Will This Impact Your Business?Once the new standard is implemented, there will most certainly be audit implications, including new supporting documentation and procedures that will increase the costs of audits overall. But even more important, is the ultimate impact on the financial institution’s bottom line – there is the potential that CECL will result in a significant increase in the ALLL requiring an increase in capital reserves. Add to that the confusion that will come with trying to explain the new accounting standard to the users of financial statements, and the snowball effect of CECL could flatten the unwary financial institution at the bottom of the hill.Top 5 CECL ConsiderationsHistorical data – where is it coming from and how is it getting there?Forecasting methodology – how are reliable forecasts made using historical data and based on information about current conditions?Scalability – how complex is the process/methodology used in arriving at a reliable ALLL calculation?Audit implications – how is the ALLL calculation supported and explained to auditors and examiners?Impact on the bottom line – what is the impact on capital reserves and if it is significant, what’s next?Don’t Know Much About History? You’ll Need To!Although CECL is still in the proposed stage and mandatory implementation won’t come for some time, the issue of historical data must be addressed now. As we await the final standard and guidance from regulators, institutions should begin assessing their access to historical portfolio data and the systems that will be used to analyze that data.Would you like to learn more about how to prepare for the changes ahead? D+H will be hosting a webinar on this timely topic – ALLL and FASB’s CECL Model: Perspectives to Consider for Your Financial Institution – on Wednesday, April 13th. Click here to register for this upcoming event.Contributing author: Tammy Campbelllast_img read more

Cybersecurity sharing launches for credit unions

first_imgThe National Credit Union Information Sharing and Analysis Organization officially announced its launch. Their mission – to advance cyberresilience, real-time security situational awareness information sharing, and coordinated response.“This is the first operational and threat intelligence sharing organization dedicated wholly to credit unions,” said Gene Fredriksen, executive director of the NCU-ISAO, and  vice president and chief information officer for the St. Petersburg, Fla.-based PSCU,. “Just as credit unions exist to serve the needs of their communities, the NCU-ISAO exists to serve credit unions’ needs in the cybersecurity space. Because the information-sharing needs for credit unions encompass more than just cyberthreats, the NCU-ISAO will support innovative, member-driven initiatives around benchmarking, process improvement, and regulatory strategies.” continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Berger to lawmakers: Bankers’ attacks have no merit

first_imgIn response to attacks from the Independent Community Bankers of America (ICBA) challenging credit unions’ federal tax exemption and the NCUA’s actions as an independent regulator, NAFCU President and CEO Dan Berger hit back, arguing that “the true nature of their request is political, and designed to stymie competition.”Last week, ICBA called on Congress to investigate the NCUA’s role in the New York taxi medallion issue, and questioned credit unions’ tax status. Berger, in response, sent letters to House Financial Services Committee Chairwoman Maxine Waters, D-Calif., and Ranking Member Patrick McHenry, R-N.C., and Senate Banking Committee Chairman Mike Crapo, R-Idaho, and Ranking Member Sherrod Brown, D-Ohio, to defend the industry.aBerger highlighted the economic benefits of the credit union tax status and noted the hypocrisy of bankers’ calls to eliminate it.“When ICBA tries to drag the tax status of credit unions in to the debate, they fail to mention that nearly one-third of banks, including a number of their members, are Subchapter S corporations and pay no corporate income tax,” Berger said. “Furthermore, as a result of the Tax Cuts and Jobs Act of 2017, their members have benefitted from additional tax breaks to the tune of $21 billion. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Richie Wellens named new Salford City boss after leaving Swindon Town | Football News

first_imgThis is a breaking news story that is being updated and more details will be published shortly. Please refresh this page for the latest updates.Sky Sports brings you live updates as they happen. Get breaking sports news, analysis, exclusive interviews, replays and highlights.Sky Sports is your trusted source for breaking sports news headlines and live updates. Watch live coverage of your favourite sports: Football, F1, Boxing, Cricket, Golf, Tennis, Rugby League, Rugby Union, NFL, Darts, Netball and get the latest transfers news, results, scores and more.- Advertisement – Visit skysports.com or the Sky Sports App for all the breaking sports news headlines. You can receive push notifications from the Sky Sports app for the latest news from your favourite sports and you can also follow @SkySportsNews on Twitter to get the latest updates. Richie Wellens has been appointed the new manager at League Two side Salford City.More to follow.- Advertisement –center_img – Advertisement –last_img read more

Vaccine telethon raises billions as Europe eases virus lockdown

first_img‘Insane’ China’s state broadcaster on Monday attacked US Secretary of State Mike Pompeo for “insane” remarks in which he said the virus originated in a laboratory in Wuhan, the city where the pandemic first emerged.The WHO also risked a fresh clash with Trump, saying it had received no evidence on the “speculative” Wuhan lab claims  The renewed tensions between the US and China — the world’s two biggest economies — set financial markets on edge on Monday from Asia to New York.The United States has the most coronavirus deaths in the world at more than 67,600.Trump had initially played down the virus, before later warning that it could cost 60,000 lives, but on Sunday he acknowledged a higher eventual death toll of between 75,000 and 100,000.”That’s a horrible thing,” he said.Many parts of Asia have, however, begun to inch towards a post-pandemic life, with schools in the Vietnamese capital Hanoi reopening on Monday after two weeks without new infections anywhere in the country.Malaysians headed back to work, while Australia and New Zealand discussed creating a “trans-Tasman bubble” that would allow travel between the two countries.But regional heavyweight Japan extended its state of emergency to the end of the month, despite a comparatively small-scale outbreak.The disease continued its march in some places.Russia is rapidly becoming Europe’s black spot, with officials in Moscow urging residents to stay home in an effort to tamp down the growing daily tally of new cases.”The threat is apparently on the rise,” Moscow mayor Sergei Sobyanin told citizens.  ‘Joy and fear’ “We are feeling a mix of joy and fear,” 40-year-old Stefano Milano said in Rome.”There will be great happiness in being able to go running again carefree, in my son being allowed to have his little cousin over to blow out his birthday candles, to see our parents,” the father-of-three said.Italian restaurants reopened for takeaway orders, but bars and ice cream parlors will remain shut. The use of public transport is being discouraged and everyone will have to wear masks in indoor public spaces.Spain and Portugal made face masks mandatory on public transport starting Monday as they further eased their lockdowns.In Germany people queued up at hair salons as they finally reopened, while Slovenia, Poland and Hungary also allowed public spaces and businesses to partially reopen.”I looked like Robinson Crusoe,” joked 87-year-old Helmut Wichter as he emerged clean shaven from a barber in Berlin.But a vaccine is widely seen as the only real hope of avoiding more deaths from a once-in-a-century pandemic and bringing back normality to the world. Countries are keen to lift lockdowns imposed on half the planet that have sent the world economy into a tailspin, but there are fears doing so too early could cause a second wave of the pandemic.Italy, the world’s longest locked down country and the worst hit after the United States, led the way with easing restrictions on Monday, with more than a dozen other European nations taking similar steps.Governments believe they have passed the peak of the disease with death tolls in Europe’s worst affected countries having dropped as a result of nearly two months of confinement. ‘Powerful and inspiring’Leaders of major European powers along with Japan and Canada made the biggest pledges, along with philanthropists including Bill and Melinda Gates, at the videoconference hosted by European Commission chief Ursula von der Leyen.They called for cooperation and not competition in the search for a cure that could not only be potentially lucrative but also spark fights over who gets access to a vaccine first. “This was a powerful and inspiring demonstration of global solidarity,” WHO chief Tedros Adhanom Ghebreyesus said of the donations.But the shine was taken off the pledges by the absence of the United States, with Trump in open warfare with the WHO over its handling of the pandemic and its relationship with China.Trump — fighting for reelection in November — said Sunday that the United States will have a coronavirus vaccine ready by the end of the year.His prediction was met with skepticism in some quarters, with Germany’s Health Minister Jens Spahn warning it could take years for anyone to develop a vaccine.With 30 million Americans out of work and his poll numbers sagging, Trump has increasingly taken to blaming China for the coronavirus outbreak.center_img Hopes rose in the fight against the coronavirus on Monday as world leaders pledged billions of euros for a vaccine in a special telethon and European countries edged out of lockdown.Despite US President Donald Trump snubbing the fundraising effort, the World Health Organization hailed the 7.4 billion euro ($8.1 billion) haul as a “powerful” show of global solidarity.The world is desperately hunting a vaccine for the disease that has killed nearly 250,000 people across the planet and infected 3.5 million since it emerged in China late last year. 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NBA players who skip the restart will have their pay docked

first_imgThe NBA says that players who decline to play in the restarted season in Florida next month must let their clubs know by June 24 and will face having their pay docked by up to 14 games.ESPN.com reported that the NBA Players Association informed its members on Tuesday that they have until June 24 to make a decision whether to take part in the games at the Walt Disney World resort in Orlando, Florida.The owners and the union have worked out a deal which would see any player who decides to sit out the rest of the season have their compensation cut for each game skipped up to a maximum of 14 games. Brooklyn Nets guard Kyrie Irving also reportedly lobbied fellow players on Friday to sit out the scheduled resumption of play as a protest against racism.Floyd, a black man, died May 25 after a veteran police officer kneeled on his neck for nearly nine minutes. His death sparked global protests, some of which turned violent. Sports teams throughout the country have spoken out publicly against racism, with several teams taking part in the demonstrations.Silver said players who decide to miss the rest of the season will not be considered “in breach of contract.”Some NBA players could be given exemptions from the pay cuts if they can show they are at a higher risk for the new coronavirus. Silver argued that Orlando would be an ideal opportunity for the players to get together in a tight-knit setting and work on social justice issues and police reform.  “For us, we feel this is what we do. We put on NBA basketball,” the commissioner said. “For the country, it will be respite from enormous difficulties people are dealing with in their lives right now. “I also think in terms of the social justice issues, it will be an opportunity for NBA players and the greater community to draw attention to these issues. “Because the world’s attention will be on the NBA in Orlando, Florida, if we’re able to pull this off.”The NBA hasn’t played since March 11 due to the coronavirus pandemic.Training camp is set to be held July 9-29 before the season restarts July 30. Topics : “It may not be for everyone,” NBA commissioner Adam Silver said of the league’s return-to-play plan. “It will entail enormous sacrifice — of those players and for everyone involved — the coaches, the referees.”Several NBA players, including Los Angeles Lakers Dwight Howard, have bypassed the players’ union and voiced their opposition to resuming the season as a protest against racial discrimination and police brutality in the United States.The Lakers backup center Howard told CNN that now is not the time to resume basketball in light of the protests that broke out across the US following the death of George Floyd at the hands of a white Minnesota police officer last month.last_img read more

Tenants a clear a winner in Townsville rental market

first_imgTenants continue to be the big winners in Townsville’s property market, according to new data.TENANTS continue to be the big winners in Townsville’s property market, according to new data.Rental rates for houses fell by 3 per cent and -5.1 per cent for units in the December quarter, with figures expected to drop even further.Corelogic RP Data’s senior research analyst Cameron Kusher, who released the findings as part of his company’s regional marker report, said Townsville had not yet seen the bottom of the cycle, as the only region in Australia to record a fall in house values (-3.2 per cent) over the same period.However, indicative rental yields remained stable to the previous 12 months at 5.2 per cent for houses and 6 per cent for units. “I guess our view is that you will probably see a bit more of a decline this year so they might even go a little bit lower than they are at the moment,” he said.“I guess that really shows that anyone who is renting in Townsville doesn’t really need to be in a rush to go out there and buy, as rents are coming down.“You have got people that live there that can’t find the jobs that they need and they move elsewhere and that is dampening both rental growth and value growth.“So at this stage I don’t see anything that is going to turn things around over the next 12 months and I wouldn’t be surprised to see further falls in rents.” Top five suburbs to investMs Elliott said investors struggling to lease their properties should consider basic upgrades.“A well cared for property shows that the owner cares and will in return attract tenants that will care,” she said. “Also, security and good ventilation, such as fans and airconditioning are important.” Core Logic’s Regional Market Update also found that homes took longer to sell when compared to the same time 12 months ago, despite the average vendor discount improving over the year. A typical house is now taking an extra three days to sell, while for a unit, the average time it takes to sell has increased by 10 days, with vendor discounting above 10 per cent for both houses and units. Top five cheapest rental suburbs for unitsMore from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020At a median rent price of $210 a week, Currajong is Townsville’s cheapest address for those looking to rent a unit, while Balgal Beach tops the list for houses at $260.Castle Hill also ranks in the top five for cheapest units to rent at a median weekly rate of $220.Despite a total of 1810 properties listed for rent across the greater Townsville region, Smith and Elliott principal Sally Elliott said it was not all doom and gloom.“First of all, of those 1810 properties, I’d say about 5 per cent are not actually available now but in about a month’s time,” she said.“While the bottom end is spoiled for choice, we can’t get enough of the higher end market and properties that are located within 5km of the CBD, Stockland and other main city hubs.”last_img read more