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Darn Tough Vermont’s Ric Cabot to be on CNBC Friday morning

By on January 1, 2021

first_imgDarn Tough Vermont,Darn Tough Vermont founder and owner Ric Cabot has been chosen to be a member of CNBC’s Small Business Council and will appear on live television this Friday, April 15 during CNBC’s show, ‘Squawk on the Street.’ The CNBC Small Business Council, an exclusive group of 15 executives, provides insight about the challenges and opportunities facing small business owners in a variety of industries and sectors. ‘I am pleased to offer my commentary on the state of small business in this country through the national platform provided by CNBC,’ said Cabot. ‘I am hopeful that the lessons I have learned as the owner of a multi-generational family business will help guide other small business owners and entrepreneurs toward their own successes.’Cabot is expected to make his debut appearance around 10:30 a.m. Eastern on Friday, April 15, 2011 during CNBC’s ‘Squawk on the Street’ show hosted by Mark Haines and Erin Burnett. ‘Squawk on the Street’ is filmed live from the New York Stock Exchange. Cabot will be taping his first on-air appearance live from the Darn Tough mill in Northfield, Vermont.For more information on CNBC’s Small Business Council please visithttp://www.cnbc.com/id/40839485/CNBC_s_Small_Business_Council(link is external).For more information about Darn Tough Vermont please visit www.darntough.com(link is external).   Darn Tough Vermont is a manufacturer of premium, all weather outdoors socks, with headquarters in Northfield, Vermont. Darn Tough Vermont offers products in six active wear categories: ski/ride, hike/trek, run/bike, lifestyle, hunt and kid’s styles. The company’s product is distinguished from industry competitors by: 100% USA manufacturing; small needle knitting which results in more stitches per inch and exceptional durability and cushioning; an exclusive blend of either Coolmax® or ultra-fine merino wool for softness, fit, durability and moisture management; and a unique unlimited lifetime guarantee policy. For more information, visit: www.darntough.com(link is external).last_img read more

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Farmingdale Teen Accused of Racing in Crash That Killed 5

By on December 16, 2020

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A teenaged driver has been accused of luring his friend into a street race moments before the second vehicle crashed, killing all five teens inside in Farmingdale last year, authorities said Thursday.A grand jury indicted 18-year-old Cory Gloe of Farmingdale on charges of second-degree manslaughter, criminally negligent homicide, leaving the scene of an incident without reporting, reckless driving, reckless endangerment and assault. He pleaded not guilty.“Unfortunately nothing will alleviate the pain or bring back the lives lost in this senseless crash,” Acting Nassau County District Attorney Madeline Singas said. “We owe it to our kids and everyone on our roads to remember that speed and racing kill.”Prosecutors said Gloe stopped his Toyota Scion at the corner of Conklin Street and Route 110 when he allegedly challenged 17-year-old Tristan Reichle, who was driving a 2001 Nissan Sentra, shortly after midnight on May 10, 2014. Both drivers had four passengers in their vehicles at the time.When the light turned green, both vehicles raced westbound on Route 24 when Reichle lost control, crossed into the opposite lane of traffic and crashed into a GMC Terrain, authorities said.Reichle and his passengers—18-year-old Jesse Romero, 14-year-old Carly Lonnborg, 15-year-old Noah Francis and 17-year-old Cody Talanian, all of Farmingdale—were killed in the crash. Two adults in the GMC suffered serious injuries from which they are still recovering.The tragedy prompted New York State officials to enhance traffic safety measures in the area. Nassau County police have also stepped up patrols on those roadways. Singas pledged to crack down on street racing.Judge Terence Murphy set bail for Gloe at $50,000 cash or bond and suspended his license. Gloe is due back in court on Feb. 11. He faces up to 15 years in prison, if convicted.“My client did not cause this accident in any way,” his attorney, Stephen LaMagna, told reporters.last_img read more

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HGK: Estimation of the increase in the number of consumers and the potential of food and beverage consumption in the tourist season

By on November 18, 2020

first_imgThe Croatian Chamber of Commerce (HGK) made an analysis “Simulation of food and beverage consumption in August” according to which the potential amount of foreign tourist consumption of food and beverages outside the accommodation facility is about 2,4 times higher than the consumption of the domicile population.It is important to assess the preferences of tourists, so that interested parts of our economy can direct consumption (in the case discussed in this paper – the segment of food and beverage consumption) and in those segments where Croatia has competitive production (eg food industry), which would further stimulated economic recovery point out from the Croatian Chamber of Commerce.”According to the estimates of the Croatian Chamber of Commerce, the potential amount of foreign tourist spending on food and beverages outside the accommodation facility is about 2,4 times higher than the consumption of the domicile resident. Thus, in the Split-Dalmatia County, which expects a 38% increase in population in August under the influence of tourist arrivals and overnight stays, the expected potential for food and beverage consumption for that month is almost 3 times higher, while in the Istria County, which expects population growth of about 123 %, the consumption potential for August is almost 5 times higher than in the off-season. When we talk about important tourist cities, Nin and Medulin stand out. Nin is expected to have a population increase of 461% and 13 times higher consumption compared to off-season consumption. In Medulin, population growth is expected to be 447% and consumption 13 times higher. ” HGK President Luka Burilović said.See a very useful and important analysis on the simulation of food and beverage consumption in the attachment.Side dish: HGK analysis – Simulation of food and beverage consumption in Augustlast_img read more

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Tourist impulse: Tourist companies expect a drop in net profit and a reduction in investment potential

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first_imgThe key emitting markets, which generate almost 30 percent of total overnight stays in Croatia, Germany, Italy and the United Kingdom, are recording a slowdown in economic activity, it was emphasized in the Tourist Impulse.  Tourist impulse / Source: HUT This year, the largest reduction in investments is expected in hotels (by 36 percent) and tourist resorts (by 84 percent), while in camps, investments are expected to increase by 30 percent compared to last year. The survey showed that the largest tourism companies in 2019 expect that the growth of labor costs will exceed the growth of income, which will negatively affect profitability and reduce the investment potential of the sector and the wider economy. Finally, they emphasize that almost all key laws that define the business environment in tourism are currently being prepared and expect active involvement in the process and the adoption of a framework that is much more favorable for investment and business in tourism than the current one.   HUT presented the results of a survey on the expectations of key business indicators conducted among the 15 leading tourism companies that generate 40 percent of the total revenue of the accommodation business in Croatia. “Our response to increasing uncertainty in emitting markets must be to raise quality. We cannot compete with cheap eastern Mediterranean destinations for the price because that would lead to the devastation of Croatian tourism. But to raise quality, investments are needed that need to be encouraged by improving the business climate. Despite challenging economic developments in our emitting markets in the European Union, tourism is increasingly growing globally as an industry. Today, Croatian tourism is the sector that has the greatest potential for attracting investments, growth, creating new jobs, increasing salaries and living standards. “, said Veljko Ostojic, director of HUT. The annual cumulative booking from Germany records a slight minus compared to last year, and the figures of tour operators show that under the strong influence of the expectations of the UK leaving the European Union, UK bookings for the Mediterranean decreased by an average of 10 percent.  All the later bookings of tourist arrivals, unfavorable economic trends in key emitting markets in the European Union and the large return of the Eastern Mediterranean market, especially Turkey, add uncertainty to this year’s tourist result. Also, market uncertainty is a determinant that will mark the next tourist season, are the conclusions of the presentation of the Tourist Impulse, the first overview of tourist trends presented by the Croatian Tourism Association (HUT).  Key emitting markets are declining  Without a significant change in business conditions in the tourism sector, such trends reduce the investment potential, so companies in 2019 expect a reduction in investment of 20 percent compared to last year.center_img In the next two years, in 2020 and 2021, tourism companies expect a further reduction in investment at a rate of 33 percent compared to the period from 2018 and 2019. This level of investment is sufficient only to maintain the level of quality, not for the necessary step in the direction of increasing quality that would ensure the improvement of business indicators of overall Croatian tourism. The tourist impulse showed that the largest tourist companies this year, due to everything, expect a slowdown in revenue growth by 11,4 percent compared to 2018. At the same time, they expect an increase in labor costs of 18,4 percent, cumulatively in 2018 and 2019 compared to 2017. The result is a drop in net profit this year of 4,8 percent compared to last year’s result.  Travel companies expect less investment  Tourist impulse / Source: HUT HUT points out that Croatia is currently the least competitive for investing in tourism compared to the surrounding countries. They point out that there is an understanding in the Government of the effects of reducing the VAT intermediate rate on the entire range of tourist services and expect an argumentative debate on this move, which HUT is convinced can open much-needed space for investment and salary increases. . Veljko Ostojić, director of HUT / Photo: Josip Regovic / PIXSELL In addition to the uncertainty in the environment, an additional challenge for domestic tourist companies is posed by the dominant determinants of the business environment in Croatia, which are labor shortage i uncompetitive business climate. Also, Ostojić added that with the increase in labor costs, on the other hand, salaries for chefs, waiters and other tourist staff are 30% lower in Slovenia than in Slovenia, and even practically 100% lower than in Austria. Attachment: HUT – TOURIST IMPULSE Q1 2019last_img read more

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Government to liquidate, merge underperforming SOEs

By on October 19, 2020

first_imgThe State-Owned Enterprises (SOEs) Ministry will close down or merge state-owned companies that have consistently failed to post profits as part of the government’s restructuring of SEOs, Deputy SOE Minister Kartika “Tiko” Wirjoatmodjo said in Jakarta on Thursday.Tiko said that all underperforming SEO’s were currently under review, as the ministry looked to figure out which should be merged and which should be liquidated. The review will also determine which companies will focus their operations on public services, he added.“[SOEs Minister] Pak Erick [Thohir] wants to reduce the number of state-owned firms to 100 from 142 at present in order to improve efficiency,” he said on the sidelines of the Mandiri Investment Forum 2020 in Jakarta on Wednesday. The ministry will also enlist the help of state-owned asset management company PT Perusahaan Pengelolaan Aset (PPA) to assess which SOEs need to be merged or liquidated, said Tiko.Read also: Erick Thohir appoints police general Carlo Tewu to help manage state firmsHowever, before the ministry can make such big decisions, it has to wait on a new regulation that will give the SOEs Ministry broader managerial authority.“We’re still waiting on the new regulation because currently, the action can only be taken by the Finance Ministry,” Tiko said. Topics :center_img Under Government Regulation No. 41/2003, the SOEs Ministry must obtain permission from the Finance Ministry, in its capacity as a shareholder, to carry out liquidation, mergers and spinoffs of state-owned companies, as well as capital injections.Minister Erick proposed last year that the regulation be revised so the ministry would no longer need to obtain approval from the Finance Ministry to restructure state enterprises.There are 142 SOEs at present, but about 70 percent of the profits, which totaled Rp 210 trillion [US$1.5 billion] last year, came only from 15 SOEs, Erick said in December 2019.last_img read more

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Michael Owen’s Premier League predictions: Arsenal v Man Utd, Chelsea & Liverpool

By on October 18, 2020

first_img Michael Owen’s New Year predictions Arsenal vs Man Utd: Arsenal winBrighton vs Chelsea: Chelsea winBurnley vs Aston Villa: Burnley winNewcastle vs Leicester: DrawSouthampton vs Tottenham: Spurs winWatford vs Wolves: Wolves winMan City vs Everton: Man City winNorwich vs Palace: Palace winWest Ham vs Bournemouth: West Ham winLiverpool vs Sheffield United: Liverpool win Arteta will be hoping to pick up a first win as Arsenal manager (Picture: Getty)‘Seagulls striker Neal Maupay has been a revelation so far this term, but I expect Chelsea to again win on the road.’And unsurprisingly, he’s tipping league leaders Liverpool to record their 19th win of the season.‘Liverpool are unbeaten in 50 games in all competitions at Anfield and won their last 17 home league games.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors‘Yes, they have ridden their luck at times, but you must admire their consistency and resilience as well as their undoubted class and I would be surprised if they didn’t start 2020 as they finished 2019 with a home win.‘Sheffield United lost their unbeaten away league record at the Etihad on Sunday and they will feel they didn’t have the rub of the green against City, but I would be surprised if they were able to stop this Red juggernaut as they march on at the top of the table.’Will Mikel Arteta win his first match as Arsenal manager vs Man Utd?Yes0%No0%Share your resultsShare your resultsTweet your resultsMORE: Liverpool eyeing summer move for £64m Sevilla centre-back Diego CarlosMORE: Arsenal set to recall Eddie Nketiah from Leeds United loan spell Advertisement Owen is backing Arteta to pick up a first win (Picture: Getty)Michael Owen believes Mikel Arteta will earn a first win as Arsenal manager when they welcome Ole Gunnar Solskjaer’s Manchester United to the Emirates.The two Premier League giants will clash on New Year’s Day, with all 20 sides in action in the first two days of the new decade.And Owen thinks Arteta, who is yet to deliver three points in his spell in charge of the Gunners, will start 2020 in style by inflicting defeat on their age old rivals. Comment Advertisement Michael Owen’s Premier League predictions: Arsenal v Man Utd, Chelsea & Liverpool Metro Sport ReporterTuesday 31 Dec 2019 9:17 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.2kShares ‘Arsenal have yet to win under their new manager, although I think that will change when Manchester United are the visitors to the Emirates on New Year’s Day,’ Owen told Bet Victor.AdvertisementAdvertisementADVERTISEMENT‘The Gunners bossed the first 45 minutes against Chelsea on Sunday and, although they faded in the second half, I expect them to build on their improved display against a United side who picked up three points and a rare clean sheet – their first on their travels in the league since February – at Turf Moor on Saturday.‘This is a fixture that rarely disappoints, and I think the hosts will keep the points.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityOwen also expects Chelsea to pick up a win on the road against Brighton.‘Frank Lampard will have been disappointed by his side’s first-half display at the Emirates on Sunday but, ultimately, will have been delighted with back-to-back away wins from London derbies at Spurs and Arsenal over the Festive period,’ he added.‘The Blues have lost seven league games already this season, but I expect them to just do enough to beat a Brighton side who have won four of their last seven home league games.last_img read more

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Oscar Pistorius parole release to be ‘reviewed’

By on September 27, 2020

first_imgSouth Africa’s Justice Minister said on Tuesday he was seeking legal advice on whether the parole board was right to release Oscar Pistorius on house arrest on Friday after serving a sixth of his five year sentence for killing his girlfriend. Under the legal system Pistorius became eligible for parole under “correctional supervision” after serving just one-sixth of his sentence.The government’s appeal of Pistorius’s verdict is to be heard in November. The state wants him convicted of murder, which, if successful, would carry serious sentencing implications. Oscar Pistorius, the five-year jail sentence he received for shooting dead his girlfriend Reeva Steenkamp in the early hours of St Valentine’s morning, 2013, has turned into just 10 months behind bars.This Friday, the Paralympic athlete, convicted last September of manslaughter and sentenced the following month, will swap Kgosi Mampuru II prison in Pretoria for his uncle’s palatial home in the city’s upmarket Waterkloof suburb.However the justice minister’s comments follow a petition from the Progressive Women’s Movement of South Africa, who have described the athlete’s early release as “outrageous” and “an insult” to victims of abuse.The Steenkamp family commemorated Reeva’s birthday in a private ceremony in Port Elizabeth on Wednesday morning. Reeva would have turned 32. Reeva’s parents Barry and June, her sister Simone and four other family members gathered at the Hobie Beach in Summerstrand where they placed flowers in the ocean.In the meantime the South African National Prosecuting Authority has filed court papers to appeal the Paralympian’s culpable homicide conviction.last_img read more

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7 killed after dragon boat capsized off Boracay

By on September 25, 2020

first_imgKALIBO, Aklan – Seven individuals were confirmed dead after a dragon boat capsized in waters off Boracay Island, Malay, Aklan Wednesday morning. It was not yet clear what caused the accident./PN The Philippine Coast Guard (PCG) said there were 21passengers on board the Boracay Team Dragon Boat. The accident occurred along the waters off Sitio Lingganayin Barangay Manoc-Manoc. The PCG team brought the 14 survivors to the Saint GabrielHospital for treatment.last_img

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Manapla crash kills 4, injures 2

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first_imgThe vehicle then dragged Labrador beforeit fell into a ditch and hit a gate of a nearby house. BACOLOD City – Four persons were killedand two others were injured after a car crashed against a motorcycle inBarangay Tortosa, Manapla, Negros Occidental. The municipal police stationofficer-in-charge Jaynick Bermudez identified the fatalities as Delina Abara,56; Angeles Salmorin, 80; Dolores Granada, 83 of Isabela, Negros Occidental and15-year-old resident Jeljuride Labrador. The 77-year-old Rolinda Barte and39-year-old Anabelle Estil, meanwhile, sustained injuries on the body. A rescuer tries to assist the victims of the road accident in Barangay Tortosa, Manapla, Negros Occidental on Feb. 21. MANAPLA MUNICIPAL POLICE STATION All of the victims were rushed to ahospital where the attending physician declared the four of them as “dead onarrival.” According to police investigators, thecar driven by 38-year-old Frolian Samillano allegedly hit Labrador who wassitting on his motorcycle along the road while attending a wake around 2:45a.m. on Feb. 21. Samillano was detained in the lockupfacility of the Manapla Municipal Police Station. Investigations were ongoingas of this writing./PNlast_img read more

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IHSAA Statement on Return-to-School Guidelines

By on September 23, 2020

first_imgThe Indiana High School Athletic Association, Inc. (IHSAA) is pleased that the COVID-19 Health and Safety ReEntry Guidance has been provided to Indiana schools today by the Governor’s Office and the Indiana Department of Education (IDOE). This guidance also includes a three-phased pathway for the return of education-based athletics which coincide with the previously scheduled first practice date for girls golf (July 31) and practice for all other fall sports (August 3). Girls golf contests are set to begin August 3 with all other sports contests to begin August 15.Over the next several weeks, the IHSAA will continue to serve our member schools in providing clarifications and further guidance for the safe return of athletic activities in our state.last_img read more

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