Fairpoint spends $15 million on vehicles, Vermont included

first_imgREGIONAL AUTO DEALERS TO SUPPLY VEHICLESFairPoint Communications Spending $15 millionPORTLAND, Maine (June 26, 2008) – FairPoint Communications has entered into agreements with five regional automobile dealerships to purchase motor vehicles as part of its $15 million vehicle purchase and customization plan. Ford F-450 and Ford F-750 trucks will be purchased from Heritage Automotive Group, Inc. in South Burlington, Vermont, Grappone Automotive Group in Concord, New Hampshire, Rowe Ford Sales in Portland, Maine and Whited Ford in Bangor, Maine. These trucks will augment the existing fleet of vehicles used by FairPoint technicians as they bring new voice and high-speed Internet services to customers as well as providing reliable customer service.Additionally, Gateway Motors in White River Junction, Vermont will supply Ford Escape utility vehicles for use by FairPoint central office technicians. Central office technicians install and maintain the electronic components of FairPoint’s current and next generation broadband and voice network. Regional businesses will also provide associated customization services to these and other FairPoint vehicles. Customization services include adding the aerial buckets and storage compartments needed on each vehicle as well as the FairPoint Communications logo and signage.”In selecting these local automobile dealerships and vehicle upfitters, FairPoint is demonstrating its commitment to doing business locally,” said Peter Nixon, president of FairPoint. “We will buy locally whenever we can as we do our part to help stimulate economic growth throughout the region.”About FairPointFairPoint Communications, Inc. is an industry leading provider of communications services to communities across the country. Today, FairPoint owns and operates 32 local exchange companies in 18 states offering advanced communications with a personal touch including local and long distance voice, data, Internet, television and broadband services. FairPoint is traded on the New York Stock Exchange under the symbol FRP. Learn more at www.fairpoint.com(link is external).# # #last_img read more

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SOUTHCOM Commander: Foreign Powers Pose Security Concerns

first_imgBy C. Todd Lopez / SOUTHCOM Public Affairs October 10, 2019 At a Defense Writers Group event in Washington on October 6, U.S. Navy Admiral Craig S. Faller said he’s seen Russia, China, Iran, and Cuba operating in varying capacities in U.S. Southern Command’s (SOUTHCOM) area of responsibility.RussiaRussia, he said, is helping to prop up the Nicolás Maduro regime in Venezuela with weapons sales and security assistance. They’re operating elsewhere, too, he added.“They have traditional arms sales relationships with countries in the region, and that continues, particularly in Venezuela [and] Nicaragua,” Adm. Faller said. “Russia has deployed nuclear-capable bombers [and] Russia has deployed their most advanced warship that is capable of firing nuclear cruise missiles throughout the region, all within the last year. Russia has provided significant assistance to Venezuela.”Hundreds of Russians — both forces and contractors — are in Venezuela “helping Maduro continue his reign of terror on the nation,” Adm. Faller said. In Nicaragua, he told the defense writers, Russia runs a counternarcotics and counterterrorism training center that “has dubious dual purposes.”Russian information operations are strong in South America as well, he said, with a large Spanish-language media presence. “It’s Russia’s largest language operation outside of their native language, outside of Russia,” he said. “It’s pumping a lot of information out in those spaces, and then misinformation.”Adm. Faller said at one point, he was in Washington meeting with lawmakers and Russian propaganda outlets reported he was on the Columbia-Venezuela border planning an invasion into Venezuela.ChinaChina has legitimate economic interests in the region, Adm. Faller said, but it also is involved heavily in the information space, including in the information technology, cyber and space realms.“Their arms sales have grown,” he said. “They have deployed some assets — that’s ticked up consistently in the last couple of years. They are also increasing their military engagement.”He said the Chinese have created Spanish-language schools and training centers and in addition to military sales, have been giving hardware to various nations.There is significant evidence of investment in Chinese and Russian weapons systems in SOUTHCOM’s area of responsibility, Adm. Faller said. “Russian weapons systems sales [are] in the billions, and China’s [are] increasing. China is also gifting a lot of military hardware to […] partners. The extent to which it undermines partnerships with the U.S. [and] contributes to instability […] is a concern for the security of the U.S.”Dozens of Chinese infrastructure projects in South America are contributing to instability, Adm. Faller said, noting that China is working on 56 port deals in the region. Some of those deals are locked up with onerous leasing agreements, he said, and some of those agreements have left host nations with little access to and little control over what the Chinese have built.In one partner nation, he said, a Chinese-built road has a 99-year lease in which the Chinese have land rights on both sides. “Thousands of acres, and they have the ability to control the tolls on that road for 99 years,” the admiral said. “That’s the price you get for having the Chinese come in and build a road. We’ve been watching that closely, and it has our attention and has contributed to a sense of urgency I feel about the overall security.”CubaWhile Russia has hundreds of people in Venezuela, Cuba has thousands, Adm. Faller said. In fact, he told the writers, 100 percent of the Venezuelan “palace guard” protecting Maduro are Cuban.IranWhen it comes to terrorist activity, he said, Iran’s influence and presence are felt in South America.“We have uncovered terrorist plots,” he said. “We know that there is a significant Lebanese Hezbollah presence through the region with connections back to Lebanese Hezbollah and Iran […]. Iran’s hand is in this. They are the largest state sponsor of terrorism in the world. And the long arm of Iranian malfeasance is alive and present around the world, not just in the Middle East. We are continuously keeping our eye on that ball, along with interagency partners.”Key to Countering ThreatsAdm. Faller said strengthening U.S. partnerships in the SOUTHCOM area of responsibility is the key to countering threats from Russia, China, Iran, and Cuba.The best approach is to work with those partner nations, learn their needs and determine how those needs support the defense of the hemisphere and the United States, he said. “That’s where we focus,” he added. “And it’s different country to country.”last_img read more

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Suffolk Jail Stars in New Season of MSNBC’s ‘Lockup’

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York The Suffolk County Correctional Facility in Riverhead will have its TV debut this weekend as the set of the latest season of Lockup, the MSNBC series that documents the lives of inmates.The six-episode season, Lockup Extended Stay: Long Island, returns at 10 p.m. Saturday, May 30. The first episode in the series is titled Sufferin’ County. The show is sure to shed light on the darker side of eastern Long Island that is best known for its lively summer beach season.“A lot of people glorify Long Island like it’s a great place great tourist attraction, don’t come here,” one of the inmates tells the camera during one of two trailers for the upcoming season—but viewers will have to tune in to hear why this defendant dislikes LI so much.The popular TV show follows inmates as they attend court hearings, family visits and interact with other inmates. In some of the episodes inmates are given their own camera to show what prison is like from the inmates’ viewpoint.Suffolk County Chief Deputy Sheriff Michael Sharkey said the show is beneficial because it can educate the public on what corrections officers do and teach young viewers that a life of crime isn’t as glamorous as portrayed in movies.A TiVo listing of the first episode summed it up like this: “A female inmate finds romance with an alleged gang leader and the jailhouse prepares for a wedding; a very powerful inmate must make a choice between his crime family and his real family.”last_img read more

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50 Reasons not to be a developer

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Crude reality: price crash means oil firms must slash spending

first_imgThe International Energy Agency, which advises oil-importing nations on energy policy, now expects the first annual drop in oil demand since 2009 during the global financial crisis, as the global economy tips into recession.Read also: ‘We have many tanks to fill’: Indonesia to make the most out of globally low oil pricesThe main international benchmark, Brent crude, has fallen from just shy of $60 per barrel to under $25 this week, before regaining some lost ground.The main US benchmark, WTI, tumbled from nearly US$54 to just over $20. Confronted with a dizzying drop in prices, oil firms face a real challenge as they try to cut investment spending in order to survive a coronavirus-induced collapse in demand coupled with a Russia-Saudi Arabia price war.Investment in oil exploration and production was set to hit just over half a trillion dollars this year according to the French research body IFPEN, as firms sought to maintain and expand output.But the emergence of the coronavirus, which has seen nations across the world confine citizens at home and shutter businesses to slow its spread, has upended all forecasts. Not all of the drop is due to the coronavirus.The price of oil had been supported for the past couple of years by production limits agreed by the OPEC oil cartel led by Saudi Arabia and a number of other producers including Russia.However Russia and Saudi Arabia failed to agree earlier this month on deeper cuts to take account of falling demand due to the coronavirus pandemic.Saudi Arabia subsequently slashed prices and announced it would boost output and Russia followed suit, leading to the vertiginous drop in prices.Cut and shift”All companies in the sector will be seeing what more they can do to cut costs, shift their activities to the lowest cost fields they can, trim investment and think hard about what dividend they can pay,” said Professor David Elmes at Warwick Business School.While reducing investment is relatively easy in the near term, the longer prices remain low the more firms will need to look at shutting down production that is more expensive, such as offshore.”For the majors, the prospect of $30 per barrel of oil or below for a period of time is an extreme challenge,” said Biraj Borkhataria, an analyst at RBC Capital Markets.He said that if these prices persist more than six months, then oil majors would need to cut into the generous dividends they pay — which is why they are prized by many investors — and that prospect has already been partly incorporated into their share prices.’Unprecedented’Saudi Aramco says it will cut investment to $25-$30 billion this year, a modest drop on the $32.8 billion it spent last year.”Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term,” said Exxon Mobil Corporation’s chief executive Darren Woods. British oil major BP is targeting a 20 percent drop in spending this year, its chief financial officer Brian Gilvary said in an interview on Bloomberg television.There are also many smaller oil companies who may struggle.Brent crude oil prices collapse by most since 1991 as ‘OPEC+’ disintegrates. (Reuters/-)”The medium-sized independent companies will be hit hard,” said Moez Ajmi at auditing firm EY in France.”Decisions will be taken to delay projects and we’ll see restructurings of debt.”The boom in shale oil production made the United States the world’s top producer and even a net exporter, but the industry is fragile.Many of the independent shale firms have been built on debt and even before the drop in prices had trouble turning a profit, according to analysts. Poor returnsEnvironmental activists can barely hide their joy at the difficulties the oil industry faces.”We consider it is pretty much good news considering that these (exploration and development) projects shouldn’t see the light of day given the urgency of climate change,” said Cecile Marchand of the French chapter of Friends of the Earth.She acknowledged abandoning these projects may not be permanent unless major political and economic policy changes are made. Marchand also warned of the risk of “a concentration of the market in the hands of the majors who are more resilient that the small firms.”Elmes at Warwick Business School said some positive outcomes were also possible.The European oil and gas majors have already indicated they intend to reduce their reliance on these fuels and become more active in renewables such as wind and solar.”There will be intense discussions on what they can do to move faster,” he said.The industry as a whole may also find it is no longer the darling of investors.”Bankers will throw up their hands and bend to the pressure from institutional investors now demanding transparency for the emissions associated with their investments,” said Elmes. “The profitability of the oil and gas sector used to be attractively high but now it has the worst return over the last five years across 33 different industries,” he noted.Topics :last_img read more

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$1m on luxury Oxlade display suite that will be demolished

first_imgMore from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoArtist’s impression of what The Oxlade at 80 Oxlade Drive, New Farm, will look like upon completion.Sales for the Oxlade have just kicked off with the New Farm riverside project to see 39 ultra-luxury residences priced from $1.4m for two bedders to upwards of $3.4m for three bedroom apartments. Two penthouses were priced from $7m each.Brother Ben said they went all out on the display home to ensure buyers knew exactly what they were getting.“We spent $100,000 on the landscaping. If you’re going to be spending this kind of money (on the apartments) you definitely want to be able to walk in and see what you’re getting.” MORE: Baby boomer ‘house party’ goes off Grandson Trent Seymour, who’s a director of The Oxlade development partner Queensland Prime Developments along with sister Kate and brother Ben, said Anna Spiro had completed major projects “like Halcyon House down the coast”.Ben Seymour confirmed the plan was to use the display block for other developments later on, reconfiguring the site each time to suit the floorplan and internal fitouts of coming projects. Eventually the Seymours plan to develop the display site itself into a major residential project. Brisbane kitchen scoops top award Developer Kevin Seymour (centre) with grandsons Trent Seymour and Ben Seymour at the site of their new display suite for ‘The Oxlade’ on Oxlade Drive, New Farm, (AAP Image/Richard Walker)A $100m development of the grandchildren of richlister Kevin Seymour has its own $1.5m house built for display – which would eventually be taken apart.Mr Seymour (snr) confirmed that the display suite of The Oxlade, located a few lots up the road from the Oxlade Drive site, was “costing about a million dollars”.“That’s as much as a quality house in New Farm,” he said, “and then they’re decorating. They got Anna Spiro (Design) and $250,000 on just the decorations.”All up the numbers come to about $1.5m in total, his grandson Ben Seymour confirmed last night. “A record for Brisbane I believe,” he said. Motorsport legend lists luxury pad FOLLOW SOPHIE FOSTER ON FACEBOOK Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Mr Seymour senior said the display would showcase a small section of what the project would be like. “That’s not the whole unit, there will be two bedrooms behind it and a media room, but when they come in they can position their furniture and things like that. It’s very important.”The Queensland richlister was in the process of grooming his grandchildren to take over his legacy. *Full story in Queensland Business Monthly Todaylast_img read more

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Inter Milan striker informs Serie A outfit he wants Barca switch

first_imgThe Inter Milan striker’s emergence over the last year has seen him go from just a top talent to one of Europe’s most in-demand strikers, and Barcelona have been strongly linked with him for some time now.The Argentine has now apparently taken some of the burden onto his own shoulders, by informing his current club that he wants to go, and will not be signing any new contract offered to him.That means the €111m release clause in his contract will remains – although Mundo Deportivo write that the Serie A team would accept €90m given the current global financial situation.Inter Milan’s Lautaro Martinez celebrates after scoring the 1-0 lead during the Italian Serie A soccer match between Inter Milan and Cagliari at the Giuseppe Meazza stadium in MilanRead Also: Video: David Beckham’s bin challenge remains a classicSpending even that kind of money looks a huge ask right now, even for a team as big as Barcelona, and we can’t see any deal of that size happening – unless the Blaugrana are able to include several players as makeweights to reduce the cash cost.FacebookTwitterWhatsAppEmail分享 Promoted ContentBest & Worst Celebrity Endorsed Games Ever Made5 Of The World’s Most Unique Theme Parks8 Superfoods For Growing Hair Back And Stimulating Its GrowthCan Playing Too Many Video Games Hurt Your Body?Top 7 Best Car Manufacturers Of All Time13 kids at weddings who just don’t give a hoot10 Of The Best Places Around The World To Go Stargazing7 Facts About Black Holes That Will Blow Your Mind8 Shows You Didn’t Want To Watch At The EndWho Is The Most Powerful Woman On Earth?6 Extreme Facts About Hurricanes5 Of The World’s Most Unique Theme Parks Loading… center_img Lautaro Martinez is set to compete a summer switch from Inter Milan to Barcelona, according to today’s front page of Mundo Deportivo,Advertisementlast_img read more

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Van Persie eyes new goals bonanza

first_img Van Persie assumed star man status at United last season, firing home the goals that led to a 20th league championship for the Red Devils. The 30-year-old’s 26-goal contribution to the cause in his first campaign at Old Trafford led to the former Arsenal man being crowned the Premier League’s Golden Boot winner for the second season running. Rio Ferdinand believes Robin van Persie is out to prove he is no one-season wonder for Manchester United. And Van Persie has already had an impact this term, following up his match-winning double in the Community Shield against Wigan by scoring twice in Saturday’s win at Swansea. Speaking ahead of Monday’s mouth-watering home clash with championship rivals Chelsea, Ferdinand has highlighted why he feels it is just the start. “Robin doesn’t want to be remembered as a one-season wonder,” said the experienced central defender. “He doesn’t want people to think about him as just coming here, doing well in that one season but not being able to continue. He wants to do it over a number of years. He is on course to be remembered in that way.” Ferdinand certainly senses an additional determination in Van Persie. The Dutchman was so obviously delighted his gamble of leaving Arsenal to join United last summer paid off with his first Premier League winner’s medal. And, like so many of his United team-mates, having got the taste for medals, he has no wish to lose it. “Robin is not a short-term kind of guy,” said Ferdinand. “It is all long-term for him. There is a thought process behind everything he does. “It is all geared towards him being as good as he can be on a weekend. In that sense, he is just doing what you expect. He is a top player.” center_img Press Associationlast_img read more

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Parish cools takeover talk

first_img Press Association He told the Croydon Guardian: “There are always people who want to buy football clubs. “Sometimes people approach you and it gets out, sometimes people approach you and it doesn’t, but there is no imminent takeover. “We are talking to a number of people on a number of fronts. “I’ve always said that if somebody wanted to invest in the club and move it forward quicker than I or we (CPFC 2010) can then we would entertain it. “We look at all possibilities that are out there – and there are many – but people have been quite ahead of themselves on this one.” Crystal Palace co-chairman Steve Parish has denied a takeover of the Eagles is imminent – but admitted to being open to the possibility of a change of ownership at Selhurst Park. center_img It has been reported that American billionaire Josh Harris has begun talks to take control of the Barclays Premier League club, with a deal close. Parish, though, insists those suggesting a deal is imminent are jumping the gun. last_img read more

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Liverpool confirm Benteke signing

first_img “I’m happy to be part of this team and will (try) to help this team reach its goals. “I want to be the best and I want to reach the best of myself. “I came here to win trophies. I came here to reach some great goals with the team.” Press Association Rodgers’ pursuit of the 24-year-old has been a lengthy one as the club were initially not prepared to meet the striker’s buy-out clause, but following the sale of Raheem Sterling to Manchester City in £49million deal last week there was a change of heart. “I’m very happy to be here and I would like to thank the owners, Ian (Ayre, chief executive who pushed the deal through) and of course the manager for their massive effort to bring me here,” the striker told liverpoolfc.com “I think it was the right club for me because I had a good chat with the manager and I wanted to be part of his project. “I know Liverpool is a big story. They’ve won league titles and the Champions League five times and of course the UEFA Cup and a lot of trophies. I know it’s a big club. “I’m very happy to be part of the Liverpool family now and I will do everything to make them happy and work hard for them and my team-mates.” Benteke will not meet most of his new team-mates until they return after Friday’s match against a Malaysia XI in Kuala Lumpur. He already knows a couple of them – goalkeeper Simon Mignolet and Divock Origi – from the national team and believes the summer recruitment has given the Reds a chance of winning silverware. “I think there are quality players, a lot of good players with big names of course,” he added. The Belgium international becomes the seventh new arrival at Anfield since the end of last season but he was always the priority for the Reds boss. Benteke is understood to have signed a five-year contract after undergoing a two-part medical in London earlier this week before travelling to Merseyside on Wednesday to complete the paperwork on the deal, which will see Liverpool pay £16million up front with the remainder of the fee payable over the course of his contract. Liverpool manager Brendan Rodgers has finally captured his number one summer transfer target after striker Christian Benteke completed his £32.5million transfer from Aston Villa. last_img read more

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