Football Index: Lessons from the fallout

first_img“By the time the index collapsed I had £10,000 left of my own money to take out. I had a portfolio of over £50,000 before it started to go wrong in 2020 – that feels like a long time ago now. It truly was a wonderful concept, it’s just a shame we had cowboys running it. “Football Index screwed us. They ruined us. They stole from us. They have turned that loyal following into thousands of enemies. We won’t stop until the owners of this company lose everything. It’s only fair.” Regular Gambling Commission reviews are carried out by in-house staff. However with Football Index, the commission deferred to a ‘specialist QC’ to review the business model. To some, that could appear to be an admission that the Commission didn’t understand the product they were licensing. “Ultimately what they were offering was fixed-odds betting, be it dressed up by talking about shares and dividends,” he says. “Everyone knows that the Gambling Commission isn’t really fit for purpose, but the reason they’ve become defensive is that there’s a genuine risk to their existence now.” “It’s ruined my life. I was about to buy a house before Covid-19 happened. Now my Index money has gone, I lost my job during Covid and I’ve been forced to live off the rest of my savings since. It’s a nightmare. In February last year I was in the best place I’ve ever been in. I was so excited for the future. Now its all fallen to pieces. The story of Football Index’s collapse has been well documented. After listing new players onto the system, the platform made significant changes to its dividend system in March, which effectively reduced the winnings to be paid on existing bets. A new Gambling Commission statement to iGB said the Commission didn’t have the means to provide the kind of checks required to prevent BetIndex’s collapse for every licensee. With the power of hindsight it’s clear that Football Index as a product was hard to define, which played into many of the problems that followed. “When we license an operator we look at suitability, including their financial circumstances and we may review these aspects as part of any subsequent compliance activity we take, but we are not able to oversee their businesses on a day-to-day basis or monitor the financial health of all licensed operators directly. Such an approach would represent a very different form of regulation and would require a significantly different funding model to the one currently set out in legislation.” In addition to the money, lessons need to be learned all around to avoid such a debacle ever happening again. The Gambling Commission in particular will need to pay extra attention to any businesses it gives an operating licence to. Alasdair Lamb of law firm CMS says that ultimately, despite any window-dressing, the product was fundamentally a betting operator. With all things considered, one question still remains: how was Football Index allowed to happen? “Our regulatory remit does not extend to continuous, real-time monitoring of the financial health of operators within an open marketplace,” it said. Football Index was far from a perfect product from its inception in 2015. It was a platform advertising itself under one guise, when in reality it was a different entity. This lack of clear direction served to create confusion not only for players, but over its regulatory status. “I’m a man in my 30s that’s been forced to move in with his mother. It’s embarrassing. I had a great job and plenty savings. Now I have nothing. I have debts and bills crushing me. I have a daughter that was expecting her dream home with her daddy. Now I have to live hundreds of miles away from her as I can’t afford to live in the same city she lives in. What a mess.” Matt Zarb-Cousin “Looking at it now it’s pretty obvious that it was effectively operating as a narrow bank,” says Gamban co-founder Matt Zarb-Cousin (pictured). With only £4.5m funds allocated to player protection plus a further £7.2m in another account – and thousands of customers waiting with nearly £100m worth of active bets -the process won’t be straightforward. “It’s a joke,” Ellis asserts. “As and when there are claims from players, that’s something that will probably be looked at. A court will be able to rule whether those types of terms apply with consumer law or not.” “Of paramount importance is the protection of customer funds,” it said. “There’s a genuine risk to their existence now” Lamb says that while this change may have been permitted in the operator’s terms and conditions, that doesn’t make it a fair decision. The GB Gambling Commission is now facing more questions than ever before about its credentials as a regulatory body. “Even if it did, that doesn’t necessarily mean that that would be a term which would be enforceable, as there’s human law considerations to take into account. “There’s human law considerations to take into account” Football Index: Lessons from the fallout Regions: UK & Ireland “Their argument is that it’s not their job to monitor the solvency of its licensees. But how can it not be?” he argues. With the UK government launching an inquiry into the collapse of the so-called football stock index, iGB does its own deep-dive into the business’ failings. After sponsorships with football clubs Queens Park Rangers and Nottingham Forest were cut short, investigations began. After the platform’s collapse and BetIndex’s entrance into administration, the Gambling Commission revealed that it had been investigating BetIndex since May 2020. The first thing to address in the near future will be the reimbursement of player funds, which lies in the hands of the High Court. Zarb-Cousin sees it differently. “Their argument is that it’s not their job… But how can it not be?” “It should be a privilege to get a gambling licence, not a right” The delayed intervention from the Gambling Commission proved to be devastating for many Football Index customers – and, given the timing, it may have been a contributing factor to the resignation of former commission chief executive Neil MacArthur. The ambiguity of the Football Index product couldn’t have helped, but swifter action from the Gambling Commission could have saved some customers’ money. The regulatory issues surrounding Football Index were manifold, and the buck for that ultimately stops with the body that licensed it: the Gambling Commission. “Until the administrators have done their job, they are effectively ahead of the consumers in the queue have got their money back,” Lamb says. “Clearly Football Index has some real financial problems so there’s a question mark over what if anything would be left to claim.” How was Football Index allowed to operate for so long? And why would a regulatory body take so long step in even after a major problem has been brought to its attention? “Nevertheless, we require operators licensed by us to keep customer funds in a separate account/s so that there is some level of protection should a company run into financial difficulties. However, there is no guarantee that this will ensure that customers get all their money back.” “There will always be financial risks associated with using gambling operators, especially as there is no statutory fund that protects customer money, as is the case in some other regulated markets such as financial or legal services.   With all the investigations, enquiries and finger pointing in the wake of the Football Index scandal, it shouldn’t be forgotten that the victims of the situation are very real people and their very real money. “I had £25,000 invested at most,” explains Steve Ellis, who began using Football Index after the 2018 World Cup. The business itself realised there were problems with the platform, leading it to remove the ‘instant sell’ function that allowed players to instantaneously redeem their shares for money, leaving only peer-to-peer trading. The removal of such a function could have raised red flags that Football Index may not be able to pay everyone out in the event of a “bank run”. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “Really you needed the FCA [Financial Conduct Authority] to be involved in the way that it was operating, so you needed things like capital controls and liquidity ratios and oversight that frankly the Gambling Commission wasn’t equipped to provide.” As well as monetary investment, a lot of time went into people’s portfolios. Now, there’s nothing to show for it. Regulation There’s also the prospect of Football Index relaunching, with new ownership, once the High Court issue has been settled. Plans to do so were conceived in the wake of the company going into administration, and it is believed that the platform could be viable once again with the right tweaks. Whether it could reach the same level of popularity is a different discussion. The Commission says it puts customer protection at the forefront of the work that it conducts, In an attempt to counteract this, Football Index increased its dividends – winnings paid out for player achievements. However doing so created a situation where dividends were being paid out at an unsustainable rate, and customer growth wasn’t fast enough to match that level of payment. Though licensed as a fixed-odds betting product, albeit marketed somewhat differently, Football Index even went as far as to tamper with the fundamental ideals of fixed-odds betting – the guarantee of a certain amount of winnings. Zarb-Cousin says: “I don’t think they fully understood the product, and as a result they weren’t well equipped to regulate it. The Commission was warned about the problems with the product, but waited until March 2021, with the platform already suspended, to officially intervene and suspend its licence. The regulator defended its decision at the time, arguing action could have expediated the operator’s collapse. Zarb-Cousin adds: “There’s been an era of naivety giving out licences to everyone as if everyone can be trusted to offer gambling services, it’s just not the way the industry operates. It’s just very, very naïve and frankly a bit stupid.” The fate of players’ money now rests in the hands of administrators and the High Court, which will decide how the £4.5m left in the company’s player protection fund should be distributed. “There was a series of things that happened that meant by the end Football Index looked like a Ponzi scheme. The Gambling Commission probably thought they needed to act but didn’t want to make the situation worse. “But really they shouldn’t have licensed it in the first place, and when they realised that they were unable to regulate it adequately they should have frozen everything. Stern questions of the Commission have been asked during the fallout. One player declined to speak on the matter, stating that the whole saga has drained them enough. For another, the Gambling Commission’s promise to make customer protection a priority will seem hollow at best, and disingenuous at worst. “It should be a privilege to get a gambling licence, not a right.” Football Index was once the quirky, money-spinning platform that was advertised through every available medium, rewarding fans for their knowledge of the game. Now, it’s a failed experiment placed in the hands of administrators tasked with salvaging what they can from the wreckage. “It’s ruined my life” Leigh Day Solicitors made enquiries on behalf of disgruntled customers, and many including the All-Party Parliamentary Group on Gambling-Related Harm called for a government inquiry to be launched – the government obliged last month. Topics: Finance Legal & compliance Sports betting Regulation Online sports betting Retail sports betting Sports betting regulation “In order to have a fair bet, the entity that they’re licensing has to be solvent in order to pay out, and that’s what it comes down to.” “What they were doing was changing the odds of the bets that had already been placed that hadn’t been settled, which goes against the whole notion of fixed odds betting,” he says. “I suspect their terms and conditions gave them the contractual right to do that. 2nd June 2021 | By Nosa Omoigui Four days later, Football Index’s operator BetIndex officially entered administration and the Gambling Commission suspended its operating licence. It later emerged that the business had decided to go into administration three days before changing its dividend model. Tags: Gambling Commission While Football Index may have difficulties bouncing back, the Gambling Commission and industry as a whole may have no choice to do so. But what it can take from the lessons of the Football Index scandal may be a key question going forward. Subscribe to the iGaming newsletter Email Addresslast_img read more

World Cup: Egypt goalkeeper declines Budweiser Trophy as player of the…

first_img Cricket Previous articlePaytm to stream cricket, entertainment, news content on Paytm InboxNext articleWorld Cup 2018: England-Tunisia match most watched TV show of 2018 Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Football by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeE! OnlineCNN’s Christiane Amanpour Undergoes Surgery After Cancer DiagnosisE! OnlineUndoPhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndoMicrosoftBring your desktop to life with Bing WallpaperMicrosoftUndoSouth African star batsman Hashim Amla too does not support the logo of national team sponsors Castle Lager Breweries on his playing and practice kits. All-rounder Imran Tahir too does not endorse the brand and both forgo players’ share from Cricket South Africa’s revenue from the sponsors.The World Cup player of the match trophy is sponsored by beer Budweiser. Islam prohibits the consumption of alcohol. According to media reports, Elshenawy as player of the match against Uruguay did make a customary appearance at the post-match ceremony but gently declined to accept the trophy with the beer brand.The 29-year-old Elshenawy was adjudged the player of the match for his outstanding performance under the bar even as Egypt had lost to Uruguay on the solitary 89th-minute goal.Images of Elshenawy gesturing what appears to be a rejection of the trophy held by a young Budweiser representative in the stadium’s tunnel appeared on social and mainstream media.Egypt, Saudi Arabia, Iran, Morocco and Tunisia are competing in the World Cup with Muslim majority teams. Egypt team goalkeeper Mohamed Elshenawy declined to receive the player of the match trophy, sponsored by the beer brand Budweiser, at the FIFA World Cup 2018 for religious reasons.Elshenawy is not the lone sportsperson to decline a professional favour from a brand prohibited under Islam. Euro 2020: Belgium suffer another blow, after Castagne now Thorgan Hazard ruled out YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Football World Cup: Egypt goalkeeper declines Budweiser Trophy as player of the match WTC Final Live: Kyle Jamieson continues fine Test form, rattles India’s middle-order with venomous swing TAGS2018 FIFA World Cup RussiaBudweiserBudweiser Player of the Match TrophyFIFA World CupMohamed Elshenawy SHARE Share on Facebook Tweet on Twitter Euro 2020: ‘I’ve full confidence on Benzema,’ says France coach Didier Deschamps after Hungary draw Virat Kohli completes 10 years in Test Cricket: 10 things you should know about India skipper- check out By Kunal Dhyani – June 19, 2018 Football Euro 2020: Thomas Muller says Germany can’t become arrogant after defeating Portugal Cricket Cricket Football FootballLatest Sports NewsSports BusinessNewsSport F1 French GP 2021 Live: Max Verstappen vs Lewis Hamilton today at 6:30 pm — Follow Live Updates PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know Formula 1 ICC WTC Final: 10 years of Virat Kohli’s Test career, 10 best moments of India’s greatest Test skipper WTC Final LIVE: Shubman Gill declares, ‘Total above 300 will be really competitive score for us’ Euro 2020: Daley Blind has a special message for Christian Eriksen Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Cricket Cricket last_img read more

NICO Holdings Limited (NICO.mw) 2006 Annual Report

first_imgNICO Holdings Limited (NICO.mw) listed on the Malawi Stock Exchange under the Insurance sector has released it’s 2006 annual report.For more information about NICO Holdings Limited (NICO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the NICO Holdings Limited (NICO.mw) company page on AfricanFinancials.Document: NICO Holdings Limited (NICO.mw)  2006 annual report.Company ProfileNICO Holdings Limited provides products and services for general insurance, life insurance and pension administration in the corporate and private sector of Malawi; with interests in banking, asset management and information technology services. NICO Holdings Limited operates in Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. It was established in 1965, and was the first general insurance company to list on the Malawi Stock Exchange. Its general insurance division covers segments that range from personal accident and household insurance to construction, engineering, professional indemnity, marine hull and cargo, fire and loss of profits. NICO Holdings Limited also offers insurance for individuals and corporate clients which includes endowment assurance and savings protection. The company has a corporate banking division offering standard products and services, aswell as solutions for foreign exchange, investment management and women business programmes. NICO Holdings Limited has invested in providing technology services to clients, including software and Internet systems and communication solutions, card technology and surveillance systems. NICO Holdings Limited is listed on the Malawi Stock Exchangelast_img read more

ZCCM Investments Holdings Plc (ZCCM.zm) 2013 Annual Report

first_imgZCCM Investments Holdings Plc (ZCCM.zm) listed on the Lusaka Securities Exchange under the Investment sector has released it’s 2013 annual report.For more information about ZCCM Investments Holdings Plc (ZCCM.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the ZCCM Investments Holdings Plc (ZCCM.zm) company page on AfricanFinancials.Document: ZCCM Investments Holdings Plc (ZCCM.zm)  2013 annual report.Company ProfileZCCM Investments Holdings PLC is an investments holdings company with diversified interests in mining, energy and other sectors of the Zambian economy. The Company has a primary listing on the Lusaka Securities Exchange and secondary listings on the London Stock Exchange and the Euronext Stock Exchange in Paris.last_img read more

NewGold Issuer Limed (GLD.gh) 2019 Abridged Report

first_imgNewGold Issuer Limited (GLD.gh) listed on the Ghana Stock Exchange under the Investment sector has released it’s 2019 abridged results.For more information about NewGold Issuer Limited (GLD.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the NewGold Issuer Limited (GLD.gh) company page on AfricanFinancials.Document: NewGold Issuer Limited (GLD.gh)  2019 abridged results.Company ProfileNewGold Issuer Limited is an investment holding company managing NewGold Exchange Traded Fund which is a Sharia-compliant exchange traded fund (ETF) launched by ABSA Capital. The fund allows institutional and retail investors the opportunity to invest in commodity markets and gold bullion. The company offers a service which tracks the gold spot price. Debentures are fully-backed by physical gold bullion with each debenture equivalent to approximately 1.100th of a fine troy ounce of gold bullion which is held with a secure depository on behalf on investors at an annual fee of 0.4% of its value. They are easily obtained through member stockbrokers in the relevant jurisdiction, through the Absa internet banking portal and in South Africa through the Investment Plan administered by Absa Investment Management Services (AIMS). NewGold Exchange Traded Fund was launched in 2004 and is domiciled in South Africa. At the time of its launch, it was the third commodity EFT in the world and, until recently, the only commodity EFT listed on the Johannesburg Stock Exchange (JSE). It has secondary listings on stock exchanges in Botswana, Nigeria, Mauritius, Namibia and Ghana. NewGold Issuer Limited is listed on the Ghana Stock Exchangelast_img read more

The greatest blindsides of all time: Roger Uttley

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Roger Uttley runs a support line Major teams: Fylde, Gosforth, WaspsCountry: EnglandTest span: 1973-80England caps: 23 (23 starts)Lions caps: 4 (4 starts)Test points: 12 (3T)He was a granite-like forward who made his name on the invincible Lions tour of South Africa in 1974, when he was taken as a lock but played all four Tests as a blindside alongside Fergus Slattery and Mervyn Davies in the back row. He played all but one of the 17 tour matches and scored a crucial try in the final, drawn Test.The Blackpool-born Uttley had been in England’s second row throughout 1973 and 1974, playing in the wins over New Zealand in Auckland and Australia at Twickenham, two rare highlights in a poor period for English rugby.A schoolteacher at Harrow, where he was director of physical education, Uttley didn’t tour with the Lions in 1977 but soldiered on with England, captaining them five times. They won their first Grand Slam for 23 years in 1980 when, in the view of coach Mike Davis, Uttley was one of five world-class players in the team, the others being Cotton, Wheeler, Neary and Slemen.The defeat of Wales saw Uttley incur a terrible injury as Geoff Wheel tried to kick the ball but instead connect with the flanker’s head, splitting his nose. “Tony Neary came over and said, ‘Christ!’. My face felt like a football,” says Uttley. He was an assistant to Ian McGeechan as the pair plotted the Lions’ win over the Wallabies in 1989 and coached England to the 1991 World Cup final, alongside Geoff Cooke.In 1997 Uttley was appointed England team manager under their first full-time head coach, Clive Woodward, but he lost that job two years later following a swathe of cost-cutting measures by the RFU. A tireless charity fund-raiser, he remained at Harrow until 2008 and now lives in the North-East, writing for the Newcastle Chronicle. TAGS: The Greatest Players Roger Uttley cemented his name as one of the all-time blindside flanker greats, with an impressive string of performances in the England and Lions Test shirts Regular injuries were part and parcel of Uttley’s career, notably an ongoing back problem that first arose when he trod on some uneven turf during a training session in Scotland. He has a long back due to an extra sacrum vertebrae.The 30-18 defeat of Scotland at Murrayfield that clinched the Slam signalled the end of his England career, but he was to enjoy some great times as a coach.last_img read more

Corn Harvest Underway in SW Indiana

first_img Bryan Hirsh from Gibson County is one of the farmers who has been out harvesting his drought decimated corn crop, “Actually, the results are not as bad as I was expecting them to be.”  He told HAT that, on the fields he has worked so far, yields have ranged from 30 bpa to 130 bpa on some of the better ground.  He estimates a county average would be between 80 and 100 bpa. Corn Harvest Underway in SW Indiana Home News Feed Corn Harvest Underway in SW Indiana SHARE [audio:https://www.hoosieragtoday.com//wp-content/uploads//2012/08/Hirsh-2.mp3|titles=Brian Hirsch Harvest Update 8-23-12] By Gary Truitt – Aug 23, 2012 center_img SHARE Facebook Twitter Facebook Twitter Previous articleState Officials Discuss Drought Help for FarmersNext articleCorn Harvest Underway in Indiana Gary Truittlast_img read more

Widespread Desire to Relocate Could be Waning

first_imgSeattle, WA *Combined statistical areas with at least 500 users in April 2021†Negative values indicate a net outflow; among the two million users sampled for this analysis only Chicago, IL Reno, NV Orlando, FL 6,949  Print This Post Milwaukee, WI Related Articles Top Origin 4,335 2 26.7% Los Angeles, CA 18,239 1 Phoenix, AZ 6 Cleveland, OH Portland, ME And the largest outlflow numbers go to: New York, NY Top 10 Metros by Net Outflow of Redfin.com Users and Their Top Destinations 2,018 Las Vegas, NV Boston, MA Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 53.6% 2 10.9% New York, NY 6 Los Angeles, CA 6,165 7 14.4% 44.1% Phoenix, AZ Los Angeles, CA Salisbury, MD Rank 5 Has the well-documented, pandemic-driven desire to migrate into the suburbs from denser urban areas hit its peak? It’s possible that April’s small decline in the share of homebuyers looking to relocate to new metropolitan areas is an early indication that the trend is waning as more Americans receive COVID-19 vaccinations and return to the office.That said, experts do not have the definitive answer, but offer insights for our consideration.”The swell in relocations may be coming down from its peak, but the share of homebuyers looking to relocate to a different area is still well above pre-pandemic levels. Redfin agents in popular destinations say the surge of out-of-towners shows no signs of slowing,” said Redfin Chief Economist Daryl Fairweather.”The small decline in April could be the start of a slowdown in the yearlong surge of people moving from one metro to another, but it could also just be a blip before things pick right back up. The dust has not settled, as there are still a lot of unknowns about what portion of workers will return to the office and how many will pick up and move because they finally have clarity from their employers about whether or how often they can work remotely. Once people know more about their future, we could see another big wave of migration …”Nationwide, 30.6% of Redfin.com users looked to move to a different metro area in April, down slightly from 31.5% in the first quarter but up from 26% at the same time last year, according to Redfin’s reporting.Back in March, Fannie Mae reported that there was widespread anecdotal evidence that the pandemic had shifted consumer demand from core city centers to lower-density markets, like the suburbs.”A look at the population of people applying for a mortgage, revealed a clear shift in behavior,” wrote Rebecca Meeker for Fannie Mae. Since then, many property data providers have confirmed mortgagees’ want to relocate.Redfin’s April data show this trend, which shows some signs of slowing, is still strong for certain regions, and that home price is an increasingly significant factor.It seems that sunny, inland metros and sections of Florida are the most desirable destinations for movers this spring.”Phoenix, Las Vegas, Sacramento, Austin, and Atlanta were the most popular destinations for Redfin.com users looking to move to a different area in April. That’s based on net inflow, which is a measure of how many more Redfin.com home searchers looked to move into a metro than leave, out of a sample of two million users,” reports team Redfin.”Relatively affordable inland metros tend to be the most popular destinations for Redfin.com users searching for homes in a different part of the country, as home searchers leave expensive coastal cities like Los Angeles and New York in favor of places with more affordable, more spacious homes.”For all 10 of the top-10 most-moved-to metros, inflow is up from last year during the same period.”I’m still seeing tons of interest from homebuyers outside the area,” said Sacramento Redfin agent Andrea White. “Some remote workers living in San Francisco or Silicon Valley are paying more than $3,000 a month to live in very small spaces. When potential buyers look at listings in Sacramento, they realize their big-city rent costs more than a mortgage here. Most of them aren’t concerned that competition is intense and home prices are going up because it’s an attractive lifestyle move. Employees who have the option to work remotely often decide it’s worth the tradeoff to move out of a big city to live in a larger home for less money.”She added that she works with house hunters looking in the Sacramento Valley because they’re planning for the future.”Some buyers from the Bay Area and Southern California are nearing retirement and want to escape the hustle and bustle of city life, and some are planning to have children in the future and they’re looking for a more spacious home to raise their family.”Here’s a list of those top-10 metros, courtesy of Redfin. Miami, FL Orlando, FL 2,391 2,420 9 Net Outflow,April 2020 5,309 Previous: Homeowners Content With Pandemic Purchases Next: FHLBank San Francisco Names Tony Wong Chief Banking Officer 22.0% Cape Coral, FL 2021-05-26 Christina Hughes Babb Rank 8,549 15.6% Chicago, IL 15,714 32.2% 10,876 13.2% The Best Markets For Residential Property Investors 2 days ago Portion ofSearchesfrom UsersOutside theMetro, April2020 2,915 5,056 3,985 San Francisco, CA 16,545 5,308 38.5% Metro* Tampa, FL Seattle, WA 1,502 The Week Ahead: Nearing the Forbearance Exit 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Cleveland, OH 4,831 3,815 3 Los Angeles, CA 1,528 Top 10 Metros by Net Inflow of Redfin.com Users and Their Top Origins Denver, CO Servicers Navigate the Post-Pandemic World 2 days ago New York, NY Detroit, MI 59.0% San Francisco, CA Net Outflow,April 2021† Home / Daily Dose / Widespread Desire to Relocate Could be Waning 6,375 New York, NY 11.7% 5,670 *Combined statistical areas with at least 500 users in April 2021†Among the two million users sampled for this analysis only New York, NY Seattle, WA Metro* 35.2% in Daily Dose, Featured, Market Studies, News Portion ofLocal UsersSearchingElsewhere,April 2021 7 2,109 46.6% 34.9% 10 Chicago, IL Sacramento, CA Cape Coral, FL San Francisco, CA Chicago, IL Boston, MA New York, NY Washington, DC 35.4% 9 22.3% 52.8% 32,234 Portion ofLocal UsersSearchingElsewhere,April 2020 2,521 57.1% 4,490 3,668 2,776 15.3% Portion ofSearchesfrom UsersOutside theMetro, April2021 Demand Propels Home Prices Upward 1 day ago Widespread Desire to Relocate Could be Waning 32.0% Top Out-of-StateDestination 3 Boston, MA San Diego, CA 4 Net Inflow,April 2021† Portland, ME Atlanta, GA 23,139 1,280 31.7% 48.7% 3,891 Sign up for DS News Daily Las Vegas, NV 4,650 60.1% 2,400 The full report, including charts, is available at: redfin.com/news/april-2021-housing-migration-trends. 26.4% 25.6% 8 27.1% 4 Salisbury, MD TopDestination 26.2% 10 24.0% 14.7% 8 36.0% 5,250 570 38.9% 31.9% Chicago, IL Los Angeles, CA 78.0% Data Provider Black Knight to Acquire Top of Mind 1 day ago 46.1% About Author: Christina Hughes Babb 12.7% 11.7% The Best Markets For Residential Property Investors 2 days ago Los Angeles, CA San Francisco, CA 4 days ago 340 Views Net Inflow,April 2020 598 Data Provider Black Knight to Acquire Top of Mind 1 day ago 75.7% 26.9% 3,948 Seattle, WA 6,056 Demand Propels Home Prices Upward 1 day ago Share Save New York, NY 2,039 Phoenix, AZ Dallas, TX 5 New York, NY Servicers Navigate the Post-Pandemic World 2 days ago 18.8% Sacramento, CA 4,713 1 Los Angeles, CA Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Austin, TX Cape Coral, FL Top Out-of-State Origin Subscribelast_img read more

Weinstein trial deliberations day three: Jurors pore through testimony

first_imgKuzma/iStock(NEW YORK) — Harvey Weinstein’s fate remains in the hands of jurors, as the third day of deliberations begins. On Thursday morning, the jury’s day is starting with their review of Paul Feldsher’s testimony. He was the first defense witness who challenged Annabella Sciorra’s claim that she was raped by Weinstein in the winter of 1993-94.Jurors will also take a look at PowerPoint slides from the testimony of Dr. Barbara Ziv, a forensic psychologist who studies the behavior of sexual assault victims.They will also review correspondence between Weinstein and Black Cube — the Israeli private spy agency hired to keep tabs on the Hollywood mogul’s accusers.Weinstein stands charged with raping one woman in a Manhattan hotel room in 2013 and performing a forcible sex act on a different woman, who has since identified herself as former Weinstein production assistant Miriam “Mimi” Haleyi, in 2006. He has pleaded not guilty to all charges and claims any sexual encounters were consensual. In addition to the two women behind those charges, four others, including Sciorra, testified in support of prosecutors’ efforts to demonstrate a pattern of sexual predation.On Wednesday, the jury sent a note to the judge asking for a re-reading of actress Rosie Perez’s testimony. Perez took the stand in January, offering testimony in support of actress Sciorra’s allegations against Weinstein. They had also requested the testimony transcript from Haleyi, as well as all emails from any of Weinstein’s email addresses to Haleyi.The jury began its first day of deliberations on Tuesday, asking Manhattan Supreme Court Judge James Burke for a blueprint of Weinstein’s former Manhattan apartment where Haleyi alleges she was sexually assaulted in 2006. They also requested legal clarification of the charges that could send the movie mogul to prison for the rest of his life. If you or someone you know experienced sexual assault and is seeking resources, call the National Sexual Assault Hotline at 1-800-656-HOPE (4673). Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Republican Policy Committee Announces  Women in the Workforce Hearing

first_imgTopic: How the Private Sector is Helping Women Get Ahead Chairman Luke Messer (IN-06) announced today that the Republican Policy Committee (RPC) Working Group on Women in the 21st Century Workforce will hold its next hearing on Tuesday, March 28th, at 1:00 p.m.Chaired by Rep. Martha McSally (AZ-02) who heads the Working Group, the hearing will focus on how the private sector is currently supporting women and helping them overcome barriers to success. Topics will include increasing workplace flexibility, providing caregiving options and addressing residual bias.WHAT:           Women in the Workforce Hearing: “How the Private Sector is Helping Women Get Ahead”WHO:              Debbie Maples – VP of Global Loss Prevention & Corporate Security, Gap Inc.Kymberlee Dwinell – Director, Global Diversity & Inclusion, Northrop Grumman CorporationBrian Barkdull – CEO, American Southwest Credit UnionDr. Donna Ginther – Professor of Economics at the University of KansasWHEN:           Tuesday, March 28, 2017, at 1:00-2:30 p.m. ETWHERE:         HVC-210, U.S. Capitol Building, Washington, D.C.The Hearing will also be live-streamed here.You can follow the hearing on Twitter using #GOPWorking4Women.Members of the Media: If you would like to attend the hearing, please RSVP to Molly Gillaspie at [email protected] (Messer) or Kelly Schibi at [email protected](McSally).The RPC launched the Working Group on Women in the 21st Century Workforce in July 2016. A video highlighted previous hearings can be found here.FacebookTwitterCopy LinkEmailSharelast_img read more