Former New York Knicks player Charles Oakley leaves Manhattan Criminal Court, in New York. (AP Photo/Richard Drew, File)NEW YORK (AP) — Former New York Knicks star Charles Oakley has reached a deal with prosecutors who charged him with striking a security guard at Madison Square Garden.The Daily News (http://nydn.us/2wrXJ5a ) reports that charges against Oakley will be dismissed and sealed after six months of good behavior.Oakley said Friday that a trial would waste time and money that should be used to “keep the streets better for kids.”His lawyer says Oakley didn’t need a trial to prove his innocence.Oakley was a Knicks fan favorite from 1988 to 1998. But he’s had a falling out with the organization since. On Feb. 8, he sat a few rows from Knicks owner James Dolan at a game against the Los Angeles Clippers. Security approached and a fracas ensued. Oakley was ejected and handcuffed.
Facebook Twitter Google+LinkedInPinterestWhatsAppNassau, 25 Feb 2015 – Commonwealth Bank, today, reported unaudited total profit of $53 million in 2014. Total assets closed to $1.47 billion at December 31, 2014. Earnings were up 7% over 2013 when the Bank reported total profit of $50 million. Total assets were up 3% over 2013. “I am pleased with the Bank’s results in 2014,” said William B. Sands Jr., Executive Chairman of Commonwealth Bank.“They confirm that our business strategy remains appropriate and that our staff remains both capable and dedicated to the plan as laid out by the Board and Executive Management.”The improvement reported in total profit for the year was despite the introduction of a new $5 million turnover based business license fee in 2014.Interest Expense declined in 2014 as the chronic excess liquidity in the system continued to depress deposit interest rates. For 2014 interest expense was $31.7 million compared to $35.5 million a year earlier. Sands noted that, “Although the bank grew its loan book by 3% in 2014 – the timing of the growth was such that it did not materially impact fiscal 2014. We expect to see the full impact of the growth in 2015 when the new loans would have earned interest for a full year.”Amid an environment of high nonperforming loans, Commonwealth Bank continued to record low levels of impairment in its portfolio when compared to the industry averages. As a result the Bank was able to reduce its loan impairment expenses by $3.4 million compared to 2013. Charged Off Loans declined by almost $6.5 million in 2014 to $28.4 million, while at the same time, Balance Sheet allowances for loan impairment increased by $1.2 million over 2013 to $55.5 million. On December 31, 2014, Commonwealth Bank’s impaired loans represented 5.8% of its total outstanding loans. The industry’s impaired loans, as reported by The Central Bank, were 16.1% of aggregate loans of all banks.The Bank’s total expenses grew by 10% in 2014 which equated to $5.9 million. Total Group taxes and license fees increased by $4.2 million over 2013. Apart from the increase in tax and government license fees, most of the remaining increase was in variable costs.Commonwealth Bank continues to report strong capital and liquidity ratios with a capital ratio of 27.9% and a liquidity ratio of 33.6% compared to the requirements of The Central Bank of 17% and 20% respectively.The Bank’s earnings per share was $0.49, return on assets was 3.3% and return on equity was 23.1%. These all compare favourably with 2013 when the Bank reported $0.46, 3.1%, and 23.0%, respectively. The Bank continued to share its success with its shareholders through uninterrupted quarterly dividend payments. Dividend payments totaled $0.30 per share in 2014 and were unchanged from 2013.Showing appreciation for the results, Sands pronounced “Commonwealth Bank remains grateful to our customers and shareholders for their continued support. I want to personally thank every member of our team of dedicated professionals who are integral to our success.”Commonwealth Bank is the largest Bahamian owned bank listed on BISX. The Bank is a market leader in service and convenience, operating eleven branches in New Providence, Abaco and Grand Bahama and employs over 530 staff.Please visit the Bank‘s website at www.combankltd.com for information on Commonwealth Bank’s dividend payment history, other financial reporting information and a full set of audited financial statements which will be published on our website within the time frame established by BISX. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:
Bournemouth manager Eddie Howe has defended the club’s decision to sign Dominic Solanke from Liverpool despite the player being injured.Following Saturday’s 3-1 loss to Brighton & Hove Albion in the FA Cup third round on Saturday, Howe revealed that Solanke has a hamstring problem and will not be available until the start of next month.The 21-year-old has only scored one goal and made just five Premier League starts for the Reds since joining from Chelsea in the summer of 2017.“He has a hamstring problem and will be out for most of January. We have done relevant tests and medicals,” Howe said, according to Daily Mail.The Cherrie boss insists Solanke is a good investment and highlights the player’s England U-21 record.Virgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.The striker has eight goals in 15 games to his name for England’s U21 side and made his senior debut in a friendly against Brazil last year.Howe added: “He brings a different dynamic to the front-line. He is good in the air, a physical presence. It’s a lot of money across the board to sign players now but look at his international record. He is one of most talented young strikers in country.”“Young players see a good culture at Bournemouth and a way of working to bring out the best. We develop them as players and as individuals. We work very hard to improve weaknesses.”Meanwhile, Brighton manager Chris Hughton backed Solanke to impress at Bournemouth: “He’s an exceptional young talent. We are always aware of him but it was only speculation. I’m sure he’ll be great for them.”
Lyne spoke also about how MSLO diversified while its namesake spent five months in prison between 2004 and 2005. “We needed to figure out how to go to market with a more robust way and offer multi-platform content in a print challenged world,” Lyne said. Lyne joined MSLO as CEO in November 2004. Since then, the company has expanded to include Web sites, television and radio broadcasting, and merchandising businesses in addition to its print magazines. MSLO also has landed numerous licensing deals and last month forgedan agreement with star chef Emeril Lagasse to acquire his non-restaurant assets for $50 million in cash and stock.Lyne says a significant hurdle facing magazines online is an overabundance of information—both staff- and user-generated. “The biggest challenge for content producers is that there is just so much information,” she said. “What people, users, really want is a good editor. They should consider themselves not just a producer but an editor of valuable content.” NEW YORK—During an afternoon session at the McGraw-Hill Companies’ annual Media Summit on Wednesday, Martha Stewart Living Omnimedia president and CEO Susan Lyne spoke on a number of magazine publishing-related topics, including her prediction that the industry is heading toward a “shake-up,” during which a number of magazines will fold.“We’ve seen three or four years of a robust ad market,” Lyne said. “Less than established brands, with poor circulation numbers, have survived because there are a lot of ad dollars out there. This will be a period of consolidation and a number [of magazines] will fold.”Blueprint, Martha Stewart’s personal lifestyle spin-off, folded inDecember.
SEE ALSO: Newsstand a Drag on Circ as Digital Rises Here, FOLIO: catches up with Paul Rossi, managing director and executive vice president of The Economist Group, Americas, to get his take on the changing media landscape. Like many magazine publishers, The Economist is transitioning from a legacy brand to a multi-platform media company. The reasons are varied, and one can see from the group’s portfolio that its digital footprint is now just as important as any hardcopy publication.The brand averages 7.5 million monthly visitors from North America and its global digital subscriber base now reaches close to 120,000, of which 56,000 are from the North American market. In social media, the group is also gaining traction with more than 1.4 million Facebook fans, 2.8 million-plus Twitter followers, over 2.6 million Google+ fans and more than 30,000 LinkedIn members.Print, on the other hand, is a mixed bag. The Economist’s North American edition saw a decrease in its total paid, verified and analyzed non-paid circulation by 0.5 percent to 840,719 for the six-month period that ended on December 31, 2012, according to the Alliance for Audited Media. While total circ is down, the number of subscriptions actually increased by 0.6 percent, with the slide coming from the newsstand (-16.1 percent), like it has done for many publishers.
Facebook Metallica, Anthrax Guests Join Ghost On “Dance Macabre” https://twitter.com/thebandGHOST/status/984870482989072384 Ghost’s Friends Rock Out To “Dance Macabre” metallica-anthrax-guests-join-ghost-dance-macabre Twitter A rousing dance with friends pumps up the GRAMMY winners’ latest releasePhilip MerrillGRAMMYs May 21, 2018 – 11:51 am GRAMMY winners Ghost are having an exciting time under Cardinal Copia, their new leader as of April, on their Rats! On The Road tour, which began earlier this month ahead of the June 1 arrival of their latest studio album, Prequelle. On May 18 the group released “Dance Macabre” from their anticipated LP, joined by friends for the middle ages’ most unifying celebration — the Dance of Death.GRAMMY winners in the festive throng include Metallica’s Kirk Hammett and Deftones’ Chino Moreno. Nominees partying out with the Cardinal and his ghouls include Phillip Anselmo from Pantera, Charlie Benante from Anthrax and 60th GRAMMY Awards nominee M. Shadows from Avenged Sevenfold. Shout-out to Bethany Cosentino from Best Coast for joining in as well.”Dance Macabre” is Ghost’s second single teasing Prequelle. Their first — “Rats” — was released on Friday the 13th in April and peaked at No. 16 on Billboard’s Hot Rock Songs chart, their highest charting single to date. Under the group’s prior leadership by Papa Emeritus III, their single “Cirice” won Best Metal Performance at the 58th GRAMMY Awards. Ghoul bandmembers have shared with the Recording Academy how it felt to receive their first nomination as well as insights into the making of “Cirice.” Now Cardinal Copia has his work cut out for him, leading his Unnamed Ghouls to greater extremes. They’re off to a good start.Catching Up On Music News Powered By The Recording Academy Just Got Easier. Have A Google Home Device? “Talk To GRAMMYs”Read more Email News
Close When we think of Indian cuisine in the UK what usually comes to mind is the cheap and cheerful curry houses that line the streets from Brick Lane to Bradford.But The Cinnamon Club, located in the old Westminster Library in Central London, offers something a little different. This is fine dining, Indian style.We use the western concept of having an entire meal, having a proper meal for one person, rather than everyone sharing everything, which is what you basically do at curry houses, says Rakesh Ravindran Nair, head chef at The Cinnamon Club.When we started we wanted to change that concept and have individual attention to each plate, he adds.Just a stones throw from the Houses of Parliament, The Cinnamon Club has over the years been frequented by politicians such as former Prime Minister Gordon Brown and current mayor of London Boris Johnson.The restaurants popularity with the rich and powerful shows how much the idea of Indian cuisine has been transformed in recent years.With 12,000 Indian restaurants dotted around the country, Britains curry industry contributes an estimated £4.2bn a year to the UK economy. But new immigration laws have restricted the number of talented staff from the subcontinent that Indian restaurants can bring in.We faced that situation a few years ago when the laws became very strict. It was nearly impossible to bring in people from India and Asian countries admits Nair.To get around it we decided to recruit and train the local talent available to us. We started recruiting a lot of apprentices and people at the entry level who hardly have any experience of Indian cooking, spices and flavourings.It was a totally new experience for them. But we realised in a few months time they can be brought up to the same level as those already working in the kitchen. So thats what we do now, he adds.Despite these challenges, upscale Indian restaurants like The Cinnamon Club continue to grow in popularity. So if youre looking to upgrade from your Korma or Tikka Masala, you may want to give Indian fine dining a try.
HDFC Bank, India’s second-largest private sector lender, reported a net profit of Rs 3,455.33 crore for the quarter that ended on September 30, 2016. The rise in net profit can be attributed to higher interest income, which increased by 19.6 percent year-over-year to Rs 7,993 crore in July-September quarter.The bank’s net profit was Rs 2,869.45 crore for the corresponding quarter during the last fiscal, the company announced in a regulatory filing to the Bombay Stock Exchange. Following the Q2 result, the HDFC Bank stock was trading at Rs 1,251.50 at around 3 pm on Tuesday, down 1.10 percent from its previous close on the BSE.The lender bank’s total income increased to Rs 19,970.89 crore for the quarter that ended on September 30 when compared to Rs 17324.28 crore during the same quarter in the previous fiscal. Gross NPAs rose about three percent to Rs 5,069 but net NPAs decreased 0.3 percent to Rs 1,489 crore for the quarter that ended in September 2016. Other income of HDFC Bank grew 13.7 percent Y-o-Y to Rs 2,901 crore. The operating profit increased 19.5 percent to Rs 6,024 crore during the second quarter.
Two people have been killed and six others injured in a road crash in Jinaigati of Sherpur.The deceased are Shaheb Ali, 70, of Ghagra Kabirajpara village in Jinaigati and Firoz Mia, 17, son of Abdul Aziz from Ghagra Patalpara village.The injured are Murad, 35, Mohammad Shah Jamal, 20, Sohel, 20, Rupam, 16, Shanto, 18, and Hazrat Ali, 45.Shah Jamal was admitted to Sherpur sadar hospital and the others to Mymensigh Medical College Hospital.According to police and witnesses, a private car and a battery-run auto rickshaw collided head on at Tetulia bazar on the Sherpur-Jinaigati road around 7:30pm on Saturday.Both of the vehicles were severely damaged while passengers of the auto rickshaw fell into a nearby ditch. Shaheb Ali died on the spot and Firoz died on the way to hospital.Officer-in-charge of Jinaigati police station Biplob Kumar Biswas confirmed the deaths of the two people. He said a case will be filed in this regard. The private car and the auto rickshaw were seized.
Professor Mahmudul Haque receives Japanese commendation.Japan on Saturday conferred a commendation on professor Mahmudul Haque of Faculty of Fine Arts of Dhaka University for promoting friendship between Bangladesh and Japan.Japanese foreign minister’s commendation was conferred on Mahmudul at the official residence of Japanese ambassador Hiroyasu Izumi in Dhaka on the occasion of Japanese emperors birthday, says a press release of Japan embassy.On 20 July 2016, the Japanese foreign ministry decided to award professor Mahmudul with the commendation.Japanese foreign minister’s commendations are awarded to individuals and groups with outstanding achievements in international fields, to acknowledge their contributions to the promotion of friendship between Japan and other countries.Ambassador Izumi expressed his appreciation to professor Haque for his contribution to enriching friendship between the two countries through paintings.Haque got a master’s degree in fine arts at Tsukuba University, Japan, in 1984 and since then, he has been teaching many Bangladeshi students the beauty of Japanese art at University of Dhaka.