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Report: Kevin Durant forced Warriors to give Nets a first-round pick in sign-and-trade

first_imgAfter deciding to leave the Warriors for the Nets in free agency last week, Kevin Durant was apparently in no mood to deliver a parting gift to his former team. He reportedly wouldn’t agree to the sign-and-trade deal that sent D’Angelo Russell to Golden State unless the Warriors also gave up a first-round pick.Durant didn’t believe the Warriors were sacrificing enough in a straight up deal for Russell, so … (CLICK HERE, if you are unable to view this photo gallery on your mobile device.)last_img read more

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Play Your Part: a TV series to inspire

first_img10 July 2012 Brand South Africa’s Play Your Part television series, featuring stories of ordinary people working to improve their communities, aims to inspire South Africans to start making those “small actions that make a big difference in the lives of others”. “Enhancing national pride, patriotism and social cohesion requires a collective effort from all South Africans, not only business and government,” says Miller Matola, Brand South Africa’s chief executive officer. “We want to encourage South Africans to play their part in community building and development, with small actions that make a big difference in the lives of others.” The second season of Play Your Part returns to the small screen on Mondays at 7pm on SABC1 from 9 July. The 24-minute weekly programme traverses the country in search of 33 individuals from all spheres of life who are doing their bit for the good of the country. Presented by Katleho Sinizasan and Mmabatho Montsho, the show gets to know these people, looking at where they work and live, and what they do. The featured folk inhabit all worlds, from high-end fashion and art to corporate success stories, inventors and athletes.Young scientist at work In the first episode, we are introduced to Palesa Masuku from North West, who won the Eskom 2011 Young Scientist award for her discovery of an alternative energy source, creating charcoal from marula nuts. When she entered her project in the Eskom Expo for Young Scientists, her ground- breaking research secured a science laboratory worth R25 000 for her school, JM Ntsime High. In addition, Masuku has been invited to the London International Youth Science Fair in August 2012, a gathering of more than 300 students from 60 countries. Charles Tau, a boxing trainer and manager from Lwandle in Western Cape, is also featured in the first episode. A former professional boxer, Tau has been running the Amandla Boxing Association from his gym for 15 years. Here he trains young boys from the age of seven at no cost as he believes he is doing his part to combat crime in his community. People such as these two are featured in each issue of Play Your Part. You will meet Tabo Mkandiwire, an acrobatic gymnast who coaches other aspiring athletes; and Claire Reid, a green inventor and the brains behind pre-fertilised seed strips that help reduce water wastage by 80% and who has created jobs for previously unemployed women. Other individuals highlighted in the season include Sifiso Dlamini, who is a self-taught takkie maker with five staff members; Tshepo Phakathi, who started a recycling business with a friend at the tender age of six; Benny Masekwameng, a celebrity chef who was inspired by his mother providing meals to construction workers; Kagiso Legobe, an adventure entrepreneur who offers learnerships to tourism graduates; and DJ Zinhle, one of the hottest female DJs in the country, who plays an active role in Fuse, South Africa’s first DJ academy.Inspiring New Ways Brand South Africa launched its new slogan, Inspiring New Ways, on 4 July in Midrand. A new television ad featuring some of the country’s most influential and inspiring people across all fields is promoting the new pay-off line. The organisation’s mandate is “to build South Africa’s nation brand reputation in order to improve South Africa’s global competitiveness”. Matola explains: “This is often about explaining and bolstering our international reputation in the world media and at various international events to drive international investment and trade.” He adds: “Firstly, let us admit that long before the theorising starts and long after it ends, already there are people who are building just such an inspiring and cohesive society, people who are playing their part to improve our communities, who reach out to fellow South Africans, and who inspire us by overcoming the odds.” One place the nation can start is by telling these stories and showing that achieving a better tomorrow and a better country is indeed possible. The people who appear in the second season give true accounts of how South Africans inspire new ways in their lives for those around them, he says. “To us at Brand South Africa, our positioning is not simply a slogan. It is an expression of our present-day reality and our future intent. It also reflects the reputation we seek to forge as citizens of a global village, as a nation that is constantly ‘inspiring new ways’ to create the society we want to live in by playing our part.”Social media tools This television series is one of many tools Brand South Africa employs to inspire and mobilise South Africans to contribute. Other tools include a mobi-site to ensure that positive stories can reach wider audiences. “Play Your Part has also developed Facebook and Twitter profiles to interact with South Africans, urging them to share their positive stories. In addition, Play Your Part clips and stories are uploaded on YouTube so that we not only engage locals, but an international audience,” says Matola. Alternatively, individuals who are willing to contribute their time, services and resources can log on to the Play Your Part website to find community projects near them. “Often people want to help, they want to give, but they don’t know where or how to do this. “Our website as well as the Facebook platform exposes South Africans to an array of opportunities to play their part in building pride and patriotism … contributing to social cohesion and living the spirit of ubuntu,” says Matola. Acting programmes manager at SABC 1 Sam Mpherwane says: “SABC 1 Mzansi Fo Sho prides itself on scheduling and producing programmes that tell local stories that resonate with our audiences. “Play Your Part is such a programme that looks at ordinary South Africans, people who have made a difference in the lives of their communities and the country as a whole . We encourage our viewers to watch Play Your Part and be inspired to do the same in making South Africa a better place.” Matola says Brand South Africa looks forward to growing Play Your Part across a number of other media channels in future and encourages businesses, organisations and individuals to take up the challenge. “We believe that as each one takes deliberate positive action to help, to teach, to grow, we are truly making ours a better country to live in.” And since July is Nelson Mandela Month, South Africans should ask themselves how they are going to contribute to their communities in honour of Madiba. Source: Brand South Africalast_img read more

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I hope to play like Vivian in Test cricket: Yuvraj

first_imgInspired by former West Indies captain Sir Vivian Richards’ complimentary words, Indian batsman Yuvraj Singh reacted that he would like to follow the traits of the legendary cricketer in Tests.Richards had on Thursday told Headlines Today that Yuvraj was still one of the most talented cricketers around. He said in modern day cricket it was Yuvraj who evoked fear in bowlers like he (Richards) did during his playing days.”…I’ve mentioned three from the beginning. I would like to say just may be two, Shiva and Yuvraj Singh. These two individuals I believe are destructive enough to destroy or dismantle any attack,” Richards had said.Yuvraj, after watching the interview on Headlines Today, reacted on micro-blogging site Twitter.”Thank you Sir Viv Richards! This is the biggest compliment I’ve ever received! Hopefully one day I can bat like you in Test cricket,” he tweeted.last_img read more

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Teekay LNG Wants to Be Treated as Corporation

first_imgzoomImage Courtesy: Teekay LNG carrier owner and operator Teekay LNG Partners has unveiled plans to amend its US tax status to be treated as a corporation instead of a partnership.This would provide access to a larger investor base and should not result in Teekay LNG recognizing a gain or loss or change its taxes payable going forward, according to Kenneth Hvid, Teekay’s President and Chief Executive Officer.“The Board is recommending that Teekay LNG elect to be treated as a corporation, instead of a partnership, for US federal income tax purposes, which we believe is in the best interests of our current and future unitholders because, by eliminating the burdensome K-1 reporting, we anticipate that Teekay LNG will be a more attractive investment for larger, institutional investors,” Mark Kremin, President and Chief Executive Officer of Teekay Gas Group, said.A proxy statement has been filed and is subject to common unitholder approval, the company said.Teekay LNG closed the quarter ended September 30, 2018, with a GAAP net income attributable to the partners and preferred unitholders of 25.9 million, compared to a net loss of USD 18.9 million seen in the same quarter last year.Adjusted net income attributable to the partners and preferred unitholders stood at USD 19.5 million in Q3 2018, against USD 13.5 million in Q2 2018 and USD 20.9 million in Q3 2017.“Teekay LNG’s results for the third quarter of 2018 improved substantially, with adjusted net income up 44 percent compared with the second quarter of 2018,” Kremin commented.During the quarter, the partneship took delivery of Pan Europe LNG carrier, Megara MEGI LNG carrier, Bahrain Spirit FSRU and Rudolph Samoylovich ARC7 LNG carrier.“The earnings and cash flow from the delivery and contract start-up of our recent LNG carrier newbuildings are beginning to have a positive impact on our financial results, with eight newbuilds having now delivered since the start of 2018 and an additional seven LNG carriers, and the Bahrain regasification facility, expected to commence their fixed-rate contracts during 2019,” Kremin added.“Importantly, the vessels that have delivered to-date during 2018 only represent approximately 50 percent of the total USD 310 million of expected incremental cash flow from vessel operations relating to our existing LNG newbuilding program and therefore, we expect our fixed-rate cash flows will continue to increase through 2019 as the remaining projects deliver,” he further said.In September, the partnership agreed to charter-in Magellan Spirit LNG carrier from its 52%-owned Teekay LNG-Marubeni joint venture for a period of two years.“We have now fixed that ship (Magellan Spirit) on a five-month charter contract to the end of March 2019, which we expect will add approximately USD 8 million in incremental profit to Teekay LNG over the length of this charter alone. In addition, the Torben Spirit LNG carrier and two Teekay LNG-Marubeni joint venture LNG carriers are scheduled to come off-charter between December 2018 and May 2019 and we are currently in discussions to secure employment for these vessels at significantly higher rates,” as informed by Kremin.The partnership also sold two 2003-built Suezmax tankers, African Spirit and European Spirit.Teekay LNG has interests in 49 LNG carriers — including seven newbuildings –, 22 mid-size LPG carriers, seven multi-gas carriers, and three conventional tankers. In addition, the partnership owns a 30 percent interest in a regasification terminal, which is currently under construction.last_img read more

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790 N Milwaukee StLast updated on July 1st 2019

first_img790 N. Milwaukee St.Last updated on July 1st, 2019 at 11:45 amNational coworking space operator Novel Coworking has acquired the building at 790 N. Milwaukee St., where it plans to open a coworking space this fall.Based in Chicago, Novel has 32 coworking locations around the country. The Milwaukee coworking spot, near Cathedral Square, would be the company’s second Wisconsin location. It has a Madison office at 345 W. Washington Ave. that is set to open in June.An LLC affiliated with Novel paid $3.2 million for the property, which it purchased from Kennedy II Associates LP, according to state real estate records. The transaction took place April 30. The building, constructed in 1986, is assessed at $2.8 million. It is 69,891 square feet.Novel plans to renovate the space with infrastructure improvements and custom suites, and lease all six floors of the building in a mix of private offices, “SmartSuites” and coworking memberships, Novel said in a press release. SmartSuites have both private offices and collaborative spaces, and are outfitted with tech upgrades such as an Alexa-enabled sound system and a biometric keypad entry system.At its coworking spaces, Novel provides members with 24/7 building access, direct fiber internet, an espresso bar, local beer on tap and community events. Targeted to entrepreneurs and small businesses, its memberships range from $129 to $225 per employee per month, the company said.“With our location in Madison opening this June, we’re excited to further our offerings in Wisconsin for entrepreneurs and small business owners as well as enterprise companies,” said Bill Bennett, founder of Novel Coworking, in a statement. “We are drawn by Milwaukee’s supportive environment for small business. The city’s strong growth in recent years, particularly in the East Town area, makes it the perfect place for Novel Coworking to serve a diverse mix of entrepreneurs and business owners.”Several national and local coworking operators have been expanding in southeastern Wisconsin in recent months. Spaces, a subsidiary of Jersey, Luxembourg-based Workplace International Group plc, opened a 43,000-square-foot coworking space at 1433 N. Water St. in Milwaukee last fall. Louisville, Colorado-based franchisor Office Evolution plans to open seven to 10 locations in the Milwaukee market.Last year, Phelan Development opened Work Lofts on Milwaukee’s East Side, Oasis opened in the Global Water Center and The O coworking space opened in Kenosha’s former Orpheum Theater.Shorewood’s female coworking space MalamaDoe has been expanding to meet demand, and The Hive in downtown Milwaukee plans to open a second downtown location in June. Get our email updatesBizTimes DailyManufacturing WeeklyNonprofit WeeklyReal Estate WeeklySaturday Top 10Wisconsin Morning Headlines Subscribelast_img read more

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