Restoring your shower can be simple. There may be some elbow grease involved but you’ll be surprised how well toothpaste will restore the original finish on your shower or bathtub. Check it out!
Restoring your shower can be simple. There may be some elbow grease involved but you’ll be surprised how well toothpaste will restore the original finish on your shower or bathtub. Check it out!
Stocks traded higher Friday in another record-setting day on Wall Street, with a batch of stronger-than-expected economic data and corporate earnings results helping fuel a risk rally.
GetSwift will present at the Planet MicroCap Showcase being held virtually and will take place on April 20-22, 2021.
(Bloomberg) -- U.S. stocks ended the week at all-time highs as Chinese growth data added to signs of a global economic recovery. The dollar slipped.The S&P 500 Index capped its fourth straight weekly advance as the strong data from Asia joined a raft of robust readings in the world’s largest economy to boost sentiment. Chinese stocks outperformed in Asia after a report showed the nation’s economy soared in the first quarter. The Stoxx Europe 600 Index posted a seventh week of advances, its longest streak since May 2018.The data from Beijing added to Thursday’s string of positive economic figures out of the U.S., pushing the MSCI All-Country World Index to a fresh record. Treasuries extended their gains. Morgan Stanley became the latest American bank to post record first-quarter results.Along with healthy corporate earnings, the week’s dump of data gave fresh impetus to the reflation trade. In the U.S., retail sales and weekly jobless claims data signaled an accelerating recovery in the world’s biggest economy. Investors will look for further confirmation as the reporting season picks up pace next week, with about 80 S&P 500 members and more than 50 Stoxx 600 firms announcing.“In addition to earnings, there has been plenty of impressive data to digest indicating that the U.S. economy is firing up,” Fiona Cincotta, senior financial markets analyst at City Index, said. “With a strong vaccine rollout in addition to fiscal stimulus and loose monetary policy, the recovery is picking up pace. Despite the blowout data, U.S. treasury yields are heading lower suggesting investors have bought into the Fed’s low rates for longer mantra.”These are some of the main moves in financial markets:StocksThe S&P 500 Index climbed 0.4% as of 4 p.m. New York time.The Nasdaq 100 added 0.1%.The Stoxx Europe 600 Index jumped 0.9%.The MSCI Asia Pacific Index increased 0.3%.The MSCI Emerging Market Index gained 0.6%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.1%.The euro jumped 0.1% to $1.1978.The British pound gained 0.3% to $1.3834.The onshore yuan was little changed at 6.52 per dollar.The Japanese yen was little changed at 108.76 per dollar.BondsThe yield on 10-year Treasuries fell one basis point to 1.57%.The yield on two-year Treasuries climbed less than one basis point to 0.16%.Germany’s 10-year yield advanced three basis points to -0.265%.Britain’s 10-year yield jumped three basis points to 0.762%.Japan’s 10-year yield increased less than one basis point to 0.093%.CommoditiesWest Texas Intermediate crude lost 0.5% to $63.14 a barrel.Gold strengthened 0.8% to $1,778.25 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
‘We need to change the scheme’: calls for multiple investigations into $40m gain from NSW environmental offsetsDirectors of company linked to firm that advised government on western Sydney development and claimed millions in offset credits deny any conflict of interest Map showing the two parcels of western Sydney land owned by Meridolum No 1 that have sold more than $40m in conservation offsets. Photograph: Guardian Australia
Corrections and clarificationsStamp duty relief | Dominic Grieve
KB Home announces the grand opening of Landings and Reserves at Cassia, its latest new-home communities in Las Vegas.
Bollé Safety, world leader in the design and manufacture of protective eyewear, presents its new products dedicated to all healthcare professionals.
KB Home announces the grand opening of Casa Bella, a new-home community in a convenient East Las Vegas location.
HarborOne Bancorp, Inc. Announces Share Repurchase Program
(Bloomberg) -- Website-hosting service Squarespace Inc. moved ahead with plans for a direct listing, joining a cadre of technology-oriented companies that didn’t need to raise money in a traditional initial public offering.Squarespace spelled out its plans Friday in a filing in which it also disclosed details of its finances, including 28% growth in revenue last year. The filing confirms an earlier Bloomberg News report that Squarespace would follow a handful of other technology-based companies -- most recently cryptocurrency exchange Coinbase Global Inc. -- in picking a direct listing over an IPO.Squarespace is planning to list its shares on the New York Stock Exchange, the choice for every major direct listing except Coinbase. While investment banks don’t underwrite offerings as they do in IPOs, they advise the company on the listing. Squarespace is working with with banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co., according to its filing.In a direct listing, a company doesn’t raise fresh capital and existing investors can typically begin selling their shares on the first day of trading without the usual lockup period restrictions in an IPO. It can save on banking fees and the time spent on an investor roadshow.Roblox Corp., Palantir Technologies Inc. and Asana Inc. also have gone public through direct listings in the past year. Earlier listings by Spotify Technology SA and Slack Technologies Inc. helped trail-blaze the alternate route to public equity markets.Squarespace BackersLed by founder and Chief Executive Officer Anthony Casalena, Squarespace competes against publicly traded rivals Wix.com Ltd. and GoDaddy Inc., among others. The New York-based company is is backed by investors including General Atlantic, Index Ventures and Accel.“Squarespace has flourished by providing anyone a way to participate in the immense opportunity that comes from publishing and transacting on the internet,” Casalena said in a letter to investors included in the filing.The company, which is expanding beyond web hosting to e-commerce, was valued at $10 billion in March in a funding round. It said in January that it had confidentially submitted a draft filing with the U.S. Securities and Exchange Commission.Revenue GainsStarted in 2004, Squarespace had 3.7 million unique subscriptions as of Dec. 31, according to its filing.Squarespace had a net income of about $31 million on revenue of $621 million last year, compared with $58 million on revenue of $485 million in 2019, according to its filing.Its e-commerce business had 2020 revenue of $143 million, a 78% increase over the previous year, according to the filing. Its growth plans include expanding it customer base -- especially internationally -- and deepening its commerce offerings.The company acquired restaurant-services provider Tock for more than $400 million in March. Squarespace paid a mix of cash and stock for the Chicago-based company, which provides technology for online reservations, takeout and other services. That followed 2019 deals for Unfold Creative LLC and Acuity Scheduling Inc.Acquisition StrategySquarespace will pursue strategic acquisitions to accelerate key platform, product and marketing initiatives, it said its filing.Casalena will continue to control the company through his 76% ownership of the company’s Class B shares, which carry 10 votes each compared with one each for the Class A shares that will be listed.A date for the Squarespace’s trading debut hasn’t been disclosed. The company plans for its shares to trade under the symbol SQSP.(Updates with CEO’s letter in seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
"Le riaperture sono un rischio calcolato? Calcolato male. Mi sembra scontato che invece di vedere la flessione" della curva dei contagi "che è appena accennata, finiremo per avere il processo opposto. A meno che non si riesca a vaccinare a tamburo battente tanta gente, ma non mi pare il caso". Il professor Massimo Galli, responsabile di malattie infettive dell'ospedale Sacco di Milano, è "in allerta e in grande preoccupazione" davanti alle notizie relative alle imminenti riaperture che scatteranno dal 26 aprile con il ripristino della zona gialla, seppur rafforzata. Il premier Mario Draghi in conferenza stampa ha parlato di ''rischio ragionato". Galli, evidentemente, non condivide. "Abbia pazienza, abbiamo ancora più di 500.000 casi ufficiali di infezione in atto", dice a Otto e mezzo rispondendo a Lilli Gruber. "Questo significa averne il doppio, quelle che ci sono sfuggite sono sicuramente molte. Alla fine del lockdown dell'anno scorso ce n'erano 100.000 ufficiali, anche se non erano meno di 400-500.000. Abbiamo fatto 23,5 dosi di vaccino per 100 abitanti, abbiamo ancora una parte rilevante di 70enni, 80enni e 90enni che non sono vaccinati", aggiunge. "La Gran Bretagna ha chiuso in maniera dura per un periodo lungo, ha circa 41 milioni di dosi somministrate, sono 60 dosi per 100 abitanti: è una situazione diversa eppure il premier Boris Johnson ha detto in modo chiaro che si riapre per motivi economici ma prevede già casi, morti e difficoltà. Il sistema delle zone a colori non ha funzionato, è evidente. Guardate cosa è successo alla Sardegna, passata in un mese dalla zona bianca al rosso profondo", dice ancora.
Photo Illustration by The Daily Beast / Photo via GettyAfter private equity billionaire Robert Smith admitted to a 15-year tax fraud scheme to hide $225 million from the Internal Revenue Service, he signed a rare non-prosecution agreement with law enforcement, allowing him to avoid any charges and return to civilian life.But while Smith attends birthday parties and New York Times conferences, the man he hired to help execute the fraud faces federal charges and up to 14 years in prison.On Thursday, a grand jury in San Francisco indicted Smith’s long-time attorney, 82-year-old Carlos Kepke, on charges of conspiring with the CEO to defraud the IRS. If found guilty, the octogenarian could see as much as five years in prison for conspiracy and up to three years for each charge of filing a false return; Kepke is alleged to have filed three.In the indictment, prosecutors claim the attorney helped Smith create a network of offshore trusts and LLCs in Belize and the Caribbean island of Nevis to conceal about $225 million in income Smith had earned from capital gains from 1999 until 2014. In the first months of the new millennium, Kepke allegedly established an LLC on Nevis called Flash Holdings, and a Belizean trust called Excelsior. Neither entity, according to the indictment, had any purpose other than to hold Smith’s assets.This Billionaire Wants Everyone to Move on From His CrimesInvestigators believe Kepke established Excelsior under the name of Smith’s ex-wife’s elderly uncle, giving Smith a lesser role (but one with the power to appoint and remove the trustee). He then allegedly set it up such that the trust, rather than Smith, officially owned Flash Holdings. As a result, when the investor would deposit funds into Flash’s bank accounts, held in the tax-evasion hotspots of Switzerland and the British Virgin Islands, the money did not, nominally, belong to Smith––who in turn, did not report it on his taxes. “In reality,” the filing reads, “as Kepke knew, Smith actually earned this income, and retained full dominion and control over it.”Between 2007 and 2014, Smith allegedly paid Kepke nearly $1 million for the creation and management of the two entities, alongside a slew of other services, including filing three false tax returns on Smith’s behalf from 2012 to 2014. According to the indictment, since at least 2009, Kepke’s compensation included a fee to “purge” or as he put it, “securitize,” his files on Smith or his entities by destroying records.The charging document arrived on April 15—Tax Day—just two days after IRS Commissioner Chuck Rettig told a Senate panel that tax evasion in the U.S. could easily exceed $1 trillion a year. A source close to Smith told The Daily Beast that the indictment marked the latest in the Department of Justice’s effort to pursue, not only those who fail to pay taxes, “but those who enable tax evasion by creating the ‘infrastructure’ of tax evasion.” That, the source said, “can include bankers, accountants, notaries, trust advisors, and even lawyers.”As part of Smith’s non-prosecution agreement, he agreed to testify against his former business partner, Robert Brockman, who was charged in October for an alleged 20-year scheme to conceal $2 billion in income from the Internal Revenue Service—the largest tax evasion charge in United States history.The 39-count indictment detailed a cartoonish conspiracy in which Brockman and associates communicated via code names like “Bonefish” and “Snapper,” used hidden income to buy a luxury yacht called “Turmoil,” and destroyed evidence with hammers. At one point, Brockman allegedly invited a wealth manager to adopt an alias and attend a “money laundering conference.”Brockman, who pleaded not guilty, has so far avoided trial. In court filings, attorneys representing the Reynolds and Reynolds CEO have claimed he suffers from a case of rapidly deteriorating dementia. The billionaire will be assessed at a mental competency hearing in June.Kepke also has alleged ties to Brockman. In Smith’s statement of facts, delivered to prosecutors for the landmark case, he indicated that Brockman, identified in the document as “Individual A,” had introduced him to an attorney, named only as “Individual B”—whom the indictment indicates was Kepke. Neither Kepke nor Smith agreed to comment for this article, but a source close to Smith confirmed the identity of Individual B to The Daily Beast.“The indictment is not a surprise as you know since in the Statement of Facts released last year as part of Robert's Non Prosecution Agreement (NPA), there were two individuals of interest to the DOJ—Bob Brockman (now known to be Individual A), and Carlos Kepke as Brockman's lawyer (now known to be Individual B)—and that Robert's cooperation represented DOJ's best avenue to prosecuting each of those individuals,” the source said.The DOJ could not have prosecuted Kepke on the basis of his role as Brockman’s lawyer, the source said, due to a statute of limitations—hence the indictment’s focus on Smith. Prosecutors may have hoped Kepke would cooperate, like Smith, in their case against Brockman. But to former federal prosecutor Paul Pelletier, who spent 27 years in the Department of Justice’s Tax Division, the indictment suggests that Kepke declined to follow Smith’s lead.“Between Smith's non-prosecution agreement [in October] and now, you know [Kepke's] been given ample time to cooperate, and he hasn't,” Pelletier said. “So they had to charge him."Typically, there are two ways to prosecute someone in the federal system. One way is to secure an indictment through a grand jury. The other way is by “information”—or through a charging document drafted with the consent of the defendant. If someone chooses to cooperate, they often plead guilty to an information, because it allows them greater influence on what they’re charged with. “If Kepke was cooperating,” Pelletier said, “I presume they would have charged him by information.”Former IRS investigator Martin Sheil, who has written for The Daily Beast, argued that prosecutors need to crack down on what he called the “wealth facilitators”—the lawyers, accountants, and financial consultants who enable tax evasion. “The entitled wealthy class seem to fully embrace Leona Helmsley’s famous aphorism that ‘only the little people pay taxes,’” Sheil told The Daily Beast. “And it is the lawyers and accountants that continue to engender this sense of entitlement by aiding and abetting the wealthy in their tax fraud pursuits.”But in the juxtaposition of Smith and Kepke’s cases, Pelletier saw a clear double standard. “It looks like the government is putting the heavy hand on an 82-year-old yet obviously didn’t put the same heavy hand on Smith,” he said. “If you want to indict Kepke, indict Kepke. But we know they didn’t charge Smith? The government has to treat equally situated people equally.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Eight people were shot dead and several others were injured in a mass shooting at a FedEx facility in Indianapolis Thursday night, according to authorities. The suspect -- who FedEx says was a former employee -- was found dead from an apparent self-inflicted gunshot wound, Craig McCartt, deputy chief of Criminal Investigations at Indianapolis Metropolitan Police Department, said at a Friday news conference. When officers arrived at the FedEx facility near the Indianapolis airport just after 11 p.m., they found a "chaotic and active crime scene," McCartt said.
ISACA will host the first-ever ISACA Conference North America next month, a new event focused on emerging technologies, innovation and best practices. Held virtually from 4-6 May 2021, the event features expanded topics and learning formats for business technology professionals as they navigate the transformational roles they play in their organizations.
(Bloomberg) -- Alcoa Corp. gained the most in more than two years after reporting first-quarter earnings that beat analysts’ expectations, with aluminum prices surging and the company projecting further strength as economies reopen.Shares in the biggest U.S. maker of the metal climbed as much as 9.7% to the highest since November 2018. The stock gained 8.4% to $35.59 at 3:44 p.m. in New York.Alcoa was already on a roll before reporting earnings late Thursday, with shares jumping six-fold from a pandemic low last year. Aluminum demand is rising just as China, the largest producer of the metal, pushes to cut carbon emissions, spurring expectations the Asian nation will curb supply expansions. Alcoa told analysts Thursday it will continue to focus on paying down net debt with cash on hand, and that it expects to get within its target range this year.“With pricing tailwinds continuing, we expect Alcoa’s results to improve further,” David Gagliano, an analyst at BMO Capital Markets, said in a note to clients. “Alcoa is rapidly approaching the high end of its net debt target range, in turn opening the door for possible shareholder returns later in 2021 in our view.”The Pittsburgh-based company said in its earnings statement that it expects a strong 2021 based on continued economic recovery and increased demand for aluminum in all end markets. Alcoa Chief Executive Officer Roy Harvey said last month that China is taking meaningful steps to rein in production, calling it a “game-changer” for the industry after years of gluts.Benchmark aluminum prices surged 25% from the end of September through March, marking the biggest gain over that period since 2006.Alcoa reported earnings before interest, taxes, depreciation, and amortization of $521 million, topping the $450.8 million average of six analysts’ estimates compiled by Bloomberg and the highest since 2018. Sales rose to $2.87 billion, compared with the $2.62 billion analysts had forecast.(Updates with share price movement and analyst comment)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
To mark Earth Day, Apple TV Plus released “The Year the Earth Changed,” a look at how nature and wildlife thrived as the world stayed in lockdown, and the second season of “Tiny World,” an intimate look at the tiny creatures that roam the planet. The former was shot across seven continents over nine months, […]
Raul Castro said Friday he is resigning as head of Cuba’s Communist Party, ending an era of formal leadership by he and his brother Fidel Castro that began with the 1959 revolution. Castro made the announcement Friday in a speech at the opening of the Eighth congress of the ruling party, the only one allowed on Cuba. Castro didn’t say who he would endorse as his successor as first secretary of the Communist Party. But he previously indicated that he favors yielding control to 60-year-old Miguel Diaz-Canel, who succeeded him as president in 2018 and is the standard bearer of a younger generation of loyalists who have been pushing an economic opening without touching Cuba's one-party system. His retirement means that for the first time in more than six decades Cubans won't have a Castro formally guiding their affairs, and it comes at a difficult time, with many on the island anxious about what lies ahead.>> A page turns in Cuba as Raul Castro makes way for next generationThe coronavirus pandemic, painful financial reforms and restrictions imposed by the Trump administration have battered the economy, which shrank 11% last year as a result of a collapse in tourism and remittances. Long food lines and shortages have brought back echoes of the “special period” that followed the collapse of the Soviet Union in the early 1990s.Discontent has been fueled by the spread of the internet and growing inequality.Much of the debate inside Cuba is focused on the pace of reform, with many complaining that the so-called “historic generation” represented by Castro has been too slow to open the economy. In January, Diaz-Canel finally pulled the trigger on a plan approved two congresses ago to unify the island’s dual currency system, giving rise to fears of inflation. He also threw the doors open to a broader range of private enterprise — a category long banned or tightly restricted — permitting Cubans to legally operate many sorts of self-run businesses from their homes.This year’s congress is expected to focus on unfinished reforms to overhaul state-run enterprises, attract foreign investment and provide more legal protection to private business activities. The Communist Party is made up of 700,000 activists and is tasked in Cuba's constitution with directing the affairs of the nation and society. Fidel Castro, who led the revolution that drove dictator Fulgencio Batista from power in 1959, formally became head of the party in 1965, about four years after officially embracing socialism.He quickly absorbed the old party under his control and was the country's unquestioned leader until falling ill in 2006 and in 2008 handing over the presidency to his younger brother Raul, who had fought alongside him during the revolution.Raul succeeded him as head of the party in 2011. Fidel Castro died in 2016.(AP)
High-quality, classic pieces you won't regret adding to your wardrobe.
Michel Barnier notes ‘social unrest’ in some parts of France over EU’s policies
18-year-old man from Ohio with assault rifle and wearing gas mask taken into custody