DOL took ‘ESG’ out of rule, added new hurdle for 401(k)s

first_img Newsletters InvestCloud to acquire Advicent and NaviPlan planning software Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Why Tony Robbins, tax shelters and financial advisers don’t mix House committee poised to advance SECURE 2.0 retirement savings bill House panel unanimously passes SECURE 2.0 3 You have read 854 of 3 free articles this week. Register now for increased access.Register for free access to this article.By registering, you can read up to 3 articles per week.RegisterAlready registered? Sign in to continue reading or subscribe for unlimited access.,MOST READ 4 1 2 5 The Gates divorce: Lessons for financial adviserslast_img

China to accelerate smart city development

first_img Finance and Policy TAGSBRICSChinasmart citiessmart city Previous articleNigeria | Prof. Momoh resumes position as NERC ChairNext articleWhy private equity investors remain cautious Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. RELATED ARTICLESMORE FROM AUTHOR Image credit: Stock The Global Future Cities Alliance (GFCA) signed a Memorandum of Cooperation (MoC) with the China Association of Trade in Services (CATIS) to accelerate smart city development in China.CATIS and GFCA agree to introduce leading technologies and methodologies into China, promote the construction and operation of standards and best practices and improve services of China’s smart city industry.GFCA is a non-profit organisation focusing on the smart city industry, integrating standard research and development, technology application promotion, industry chain cooperation, talent training, investment and financing.The MoC comes at a time when China is witnessing a fast development of smart cities. Read more: China is taking the lead in global clean energy, says IEA directorAccording to a report by Deloitte, China has about 500 smart city pilot projects, the highest number in the world.Frost & Sullivan says by 2025, more than 50% of Asian smart cities will be in China.Approximately $320 billion is expected to be generated in the Chinese economy from the smart city segment compared with $2 trillion market value worldwide.Clean energy is also high on China’s list. In an exclusive interview with Chinese news agency Xinhua, Fatih Birol, executive director of the Paris-based International Energy Agency (IEA) said: “On the supply side, China is – and will remain – the largest global investor into all of the four main clean energy sources: wind, solar, nuclear and hydro.”Speaking on the sidelines of the annual World Economic Forum in Davos earlier this year, Birol said: “It is encouraging to see that in recent years we have witnessed the acceleration of energy research and development in China, putting the country into a leading position in key technologies such as solar, battery storage or direct current transmission.”This article was published on our sister publication’s website, Metering & Smart Energy International (www.metering.com) BRICS UNDP China, CCIEE launch report to facilitate low-carbon development Low carbon, solar future could increase jobs in the future – SAPVIA AFD and Eskom commit to a competitive electricity sector Generationlast_img read more

Temporary traffic changes during the TORONTO 2015 Pan Am Games

first_imgMore from Horse Sport:Christilot Boylen Retires From Team SportAfter an exemplary career as one of Canada’s top Dressage riders, seven-time Olympian Christilot Boylen has announced her retirement from team competition.2020 Royal Agricultural Winter Fair CancelledFor only the second time in its history, The Royal Agricultural Winter Fair has been cancelled but plans are being made for some virtual competitions.Royal Agricultural Winter Fair Statement on 2020 EventAs the Province of Ontario starts to reopen, The Royal’s Board and staff will adhere to all recommendations put forward by government and health officials.Government Financial Assistance for Ontario FarmersOntario Equestrian has recently released this update of several financial assistance packages available, including those for farm business. We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Email* Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! In the vicinity of the Caledon Equestrian Pan Am Park (CEP), temporary traffic changes will be in place during the Games. Plans are subject to change, so be sure to visit ontario.ca/games2015 regularly for the latest information. Expect heavier traffic volumes on all area roads.There is no parking at the park. Spectator parking will be available off-site, at Albion Hills Conservation Area. A shuttle will operate between the park-and-ride facility and the venue.If you can, take advantage of carpooling. There is no transit available for this venue.Try to arrive early, especially for weekend events, to avoid wait times and typical “cottage country” traffic on Highway 400.If you are close enough, try walking or cycling to the event; please note that the routes leading up to this venue will not be pedestrian-friendly.• Pine Ave will be closed at Highway 50 from July 7 to July 25.• The Caledon Trailway will be closed between Mont Hope Rd and Pine Ave.• There will be no parking on the following streets around the venue between July 6-25, from 7:00 a.m. to 8:00 p.m.:– Mount Hope Rd– Buckstown Trail– Pine Ave– Birch Ave– Munro St– Brawton Dr– Church St E– Quail Ridge– Edgewild Dr– Rowley Dr (close to Mount Hope Rd)– Dr. Reynar Rd (close to Mount Hope Rd)– Maple Lane– Wallace Ave– Dolan Dr– Westview Cr– Wallace Ave– Pineridge Dr– Maple Lane– Gibson Lake Dr (between Hwy 50 to east of Albion Hills Dr)– Indiana Dr (close to Mount Hope Rd)– Patterson SRD between Brawton and Hwy 50• No stopping on Highway 50 between Duffy’s Lane and Highway 9 from 7:00 a.m. to 8:00 p.m.• No stopping on the east side of Hwy 50 between Pine Ave and Birch Ave and 1 hour parking on the west side.• Signal timing changes at the following intersections may result in longer than normal wait times at traffic lights:   – Highway 400 Northbound Off-Ramp and Highway 9   – Highway 9 and Magnum Road Tags: Caledon Equestrian Park, 2015 Pan American Games, PanAm, traffic, SIGN UP Horse Sport Enewslast_img read more

Real estate crowdfunding pioneer Rodrigo Niño dies

first_imgKnown for his energetic personality and interest in spirituality, Niño founded Prodigy as a brokerage in Miami in 2003, specializing in selling real estate to Latin American clients. In 2007 he moved to New York after the Sapir Organization asked him to market Trump Soho, a 391-unit hotel-condominium developed in partnership with Bayrock Group and the Trump Organization. (“The timing couldn’t have been worse,” he later recalled, referring to the housing crash and recession that was about to hit.)In 2011, Niño was diagnosed with stage three melanoma and had two rounds of surgery. His faith in traditional medicine waned, so he decided to travel to the Peruvian jungle to take ayahuasca, an ancient Amazonian brew known to induce hallucinations.In a 2018 interview, he recounted that over the course of two weeks in the jungle, he felt his fear disappear and experienced a “field of invisible energy that binds all living things together.”The experience proved transformative, and after returning to New York he pivoted his business to crowdfunding, hoping to democratize real estate by making it accessible to ordinary people.The idea was novel at the time: Niño was one of the earliest adopters of crowdfunding, which took off in the US around 2013 after a federal regulatory change, and he soon earned a reputation as a pioneer in the space.In addition to Prodigy’s U.S. projects, Niño worked on a major crowdfunding development in Colombia, dubbed BD Bacatá, which was billed as the tallest tower in the country but later ran into problems.Niño appeared to relish in his role as an outsider shaking things up.“Commercial real estate is a very boring asset class and I am very happy disrupting it,” he told TRD in a 2015 profile.The company later claimed to have raised nearly $650 million from 6,500 retail investors for a collection of projects in New York and Chicago, which included an extended-stay property in the Financial District, known as AKA Wall Street, and a high-end co-working space named The Assemblage.But many of the projects failed to meet expectations.Returns that had been forecast could not be met, and the company halted payments to investors in several buildings last June — asking for more time. Earlier this year, as investors grew restless, the firm asked those involved in two New York projects for money to keep the projects afloat. If the money couldn’t be secured, the letters warned, the investors would likely lose their payments in full.In a video posted online last month, Niño thanked investors for their patience and acknowledged the difficulties. “I know you have gone through a lot,” he said. It is unclear what Niño’s death means for Prodigy and its investors, many of whom are concerned about the health of the company and the status of their money.Throughout his troubles, Niño was committed to ideas about consciousness and community, hoping that his business — in particular The Assemblage, a co-working space that features meditation rooms and hosts social events focused on wellness — would help to foster a “collective consciousness evolution,” moving society away from individual interests and toward an emphasis on collective good.His last post to Instagram, dated April 23, featured a series of white words etched onto a starry night’s sky. “The old cycle has ended, something new has just begun,” it opened.“Trust that whatever happens next will take you where you’re supposed to be.”Write to Sylvia Varnham O’Regan at [email protected] This content is for subscribers only.Subscribe Now Rodrigo Niño (Credit: Prodigy Network)Rodrigo Niño, who went from selling condos at Trump Soho to founding a high-profile New York crowdfunding platform, has died at 50.Niño had been receiving treatment for cancer for several months. His death was first reported by La Republica, a publication in his native Colombia.The year leading up to his death had been a rocky one: Niño and his firm, Prodigy Network, had been hit with a string of lawsuits from investors in several commercial properties in New York and Chicago. The investors claimed they had lost money because of poor returns on the buildings and unpaid distributions. Many accused Prodigy of poor communication.In interviews with The Real Deal last year, Niño appeared both candid and defiant in the face of the claims. He acknowledged returns on the company’s investment offerings were not what he had hoped. Still, he said he was convinced that the company could turn around.But Prodigy’s woes only grew. Last September, as disquiet from investors and legal troubles mounted, Niño announced he was stepping down as CEO. In a statement to TRD, he said he had signed a memorandum of understanding with a group of investors who would take over the company and “rebuild the trust of our investors.”Days later, he announced that his cancer had returned.Read moreRodrigo Niño: Above the crowdProdigy Network CEO Rodrigo Niño to step downCrowdfunding firm seeks $30M bailout for second commercial buildinglast_img read more

PPD Zagreb beat Metalurg

first_imgShareTweetShareShareEmail 1Paris Handball220054:444100 Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. 5HC Meshkov Brest310283:882-50 1 Comment 4Naturhouse La Rioja210171:6526-2 6HC Metalurg-Skopje300363:740-110 ShareTweetShareShareEmailCommentsIn the only match of EHF Champions League Saturday, PPD Zagreb beat PPD Zagreb 19:17 (10:8) in front of 8.000 spectators in “Zagreb Arena”. Match was decided in the last few minutes, but it seems that guests from Skopje have all right to be angry on Slovenian reffere couple Krstic – Ljubic.PPD Zagreb: Ivić (11 saves), Stevanović; Mihić 2, Brozović 2, Stepančić 2, Šprem, Šebetić, Raković, Horvat 9, Šušnja, J. Valčić 1, T. Valčić, Obranović 1, Kovačević, Lukačec, Pavlović 2Metalurg: Mitrevski (7 saves), Kocić; Ojleski 2, Dimovski 1, Lipovina 1, Georgievski 1, Mirkulovski 2, Markovski, Mojsovski 2, Atman 3, Cindrić 4, Nelovski, Jonovski, Marsenić, Borozan, Đukić 1 2THW Kiel320184:83411 Related Items: Pingback: Lino Cervar after defeat in Zagreb: “The referees weren’t physically fit”! | Handball Planet 3Croatia Osiguranje320168:694-11 1 Comment last_img read more

Gyori Audi ETO KC in Group D with Krim and Savehof

first_imgShareTweetShareShareEmailCommentsHere are the groups for the DELO Womens EHF Champions League 2019/2020.Group A:Metz (FRA)Vipers Kristiansand (NOR)HC Podravka Vegeta (CRO)FTC – Rail Cargo (HUN)Group B:Rostov – Don (RUS)Team Esbjerg (DEN)MKS Perla Lubin (POL)CSM Bucuresti (ROM)Group C:SCM Ramnicu Valcea (ROM)Budućnost (MNE)SG BBM Bietigheim (GER)Brest Bretagne Handball (FRA)Group D:Gyor Audi ETC KC (HUN)RK Krim Mercator (RUS)IK Savehof (SWE)Qualification winnerFOTO: EHFCL Click to comment Related Items: ShareTweetShareShareEmail Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment.last_img

Law case gets Tweedledumber by the day

first_imgThough Entre Nous can’t see all the parallels with Lewis Carroll’s meisterwerk, the case does bear some similarities to the battle between Tweedlee and Tweedledum. Basically, Tannock is concerned about his constituent, the modestly-named Prince Carol Mircea Grigore De Hohenzollern-De Romania who’s “been involved in an extraordinary protracted dispute with his younger half-brother, ex-King Michael in the Romanian Courts over the former’s legitimacy”. By rights, the case should have been settled in 1999, when the Romanian Court of Appeal recognised that Carol Mircea is the legitimate first-born son from the legal marriage of Crown Prince Carol of Romania and Princess Iona Valentina Lambrino.Despite that, the ex-King has dithered on respecting his 82-year-old semi-sibling’s entitlements, using delaying tactics. Tannock has now asked the Commission to take up the cudgels on behalf of his embattled constituent.Alas, enlargement chief Günter Verheugen has told him he doesn’t have the “competence” to intervene in struggles involving erstwhile royal families of candidate countries. Curiouser and curiouser…last_img read more

BottleRock Napa Valley Unveils Diverse Festival Lineup

first_imgThis year’s BottleRock Festival has been announced and boy does it have a little bit for everyone. Among some of the headlining acts are Robert Plant, The Avett Brothers, Imagine Dragons, No Doubt, and even Snoop Dogg. The festival will be held from May 29-31 at the Napa Valley Expo. Along with this superbly diverse musical lineup, the festival will feature great food and a plethora of beers and wine. It’s sure to be one of the highlights of the early festival season in 2015. Take a look below to see who else will be playing at BottleRock this year.Early bird specials on tickets are sold out, but tickets to the public will go on sale January 8 at 10 am and can be purchased here.last_img

Genome of Irish potato famine pathogen decoded

first_imgA large international research team has decoded the genome of the notorious organism that triggered the Irish potato famine in the mid-19th century and now threatens this season’s tomato and potato crops across much of the United States Published today in the online edition of the journal Nature, the study reveals that the organism boasts an unusually large genome size — more than twice that of closely related species — and an extraordinary genome structure, which together appear to enable the rapid evolution of genes, particularly those involved in plant infection. These data expose an unusual mechanism that enables the pathogen to outsmart its plant hosts and may help researchers unlock new ways to control it.“This pathogen has an exquisite ability to adapt and change, and that’s what makes it so dangerous,” said senior author Chad Nusbaum, co-director of the Genome Sequencing and Analysis Program at the Broad Institute of Harvard and MIT. “We now have a comprehensive view of its genome, revealing the unusual properties that drive its remarkable adaptability. Hopefully, this knowledge can foster novel approaches to diagnose and respond to outbreaks.”“Our findings suggest a ‘two-speed’ genome, meaning that different parts of the genome are evolving at different rates,” said co-lead author Sophien Kamoun, head of the Sainsbury Laboratory in Norwich, U.K. “Future sequencing of additional strains and close relatives of this pathogen will help test this hypothesis and could transform our understanding of how it adapts to immune plants.”The potato famine that gripped Europe, particularly Ireland, in the mid-1800s was the work of an insidious organism known as Phytophthora infestans. Long considered a fungus, it is now known to be a member of the oomycetes or “water molds,” which are more closely related to the malaria parasite than to fungi. P. infestans thrives in cool, wet weather, and can infect potatoes, tomatoes, and other related plants, causing a “late blight” disease that can decimate entire fields in just a few days.Not only swift in its destruction, the pathogen is also remarkable in its ability to change. For example, it can quickly adapt to new plant hosts, attacking even genetically resistant potatoes that have been painstakingly bred to fend off P. infestans infection. How the pathogen can adapt so rapidly to these immune potatoes has long puzzled scientists.To understand the genetic basis for the pathogen’s adaptive success, the researchers, led by scientists at the Broad Institute and the Sainsbury Laboratory, decoded the P. infestans genome. They produced a high-quality genome sequence and compared it to the genomes of two relatives: P. sojae, which infects soybeans, and P. ramorum, which prefers oak and other trees and causes a condition known as sudden oak death.One of the most striking findings to emerge from these comparisons is the expanded nature of the P. infestans genetic blueprint: It is two and a half to four times the size of its relatives’ genomes.But perhaps even more surprising than the genome’s large size is the source of its added bulk. Nusbaum and his colleagues determined that the additional genomic real estate does not reflect more genes per se, but instead stems from a massive expansion in the amount of repetitive (once considered to be “junk”) DNA. In fact, this type of DNA accounts for about 75 percent of the entire P. infestans genome.“Such a large amount of repetitive DNA is pretty surprising, since there is a metabolic cost to maintain it,” said Nusbaum. “As a genome biologist, I have to wonder how the organism benefits from having it.”The researchers gained some key insights into the potential advantages of carrying this glut of repetitive DNA by probing its genomic structure. They made three critical observations:• The P. infestans genome comprises alternating repeat-rich (and gene-poor) regions and gene-dense regions; • These gene-dense regions are shared among other Phytophthora species, preserved over millions of years of evolution, whereas the repeat-rich regions are undergoing relatively rapid changes; • The repeat-rich regions contain fewer genes compared to other genomic regions, yet those genes they do contain are enriched for those that play crucial roles in plant infection.Taken together, these findings suggest an unusual genomic strategy to support the rapid evolution of critical genes, known as “effector” genes. Effector genes can disrupt plants’ normal physiology, enabling the pathogen to establish a foothold. However, some can also trigger plants’ immune responses, making them prime targets for combating P. infestans infection.“We think this could be a tactic that enables P. infestans to rapidly adapt to host plants,” said co-lead author Brian Haas, manager of genome annotation, outreach, bioinformatics, and analysis at the Broad Institute. “In contrast to the well-conserved regions where most genes are found, the repeat-rich regions change rapidly over time, acting as a kind of incubator to enable the rapid birth and death of genes that are key to plant infection. As a result, these critical genes may be gained and lost so rapidly that the hosts simply can’t keep up.”Importantly, the new P. infestans genome sequence enabled the researchers to identify many previously unknown effector genes, particularly those that belong to two key groups, known as RXLR genes and CRN genes. The research team identified more than 500 RXLR genes and nearly 200 CRN genes, significantly more than are found in the pathogen’s relatives.These findings not only expand the catalog of known P. infestans genes, they also highlight a critical subset of genes undergoing rapid turnover. Further studies of these genes will foster a deeper understanding of plant infection and help identify potential targets for fighting back.last_img read more

Raw Video: Delaware Trench Rescue

first_imgBRIDGEVILLE, Del. – A 47-year-old man died this morning when a trench he was working in collapsed in Bridgeville, an official said. His body was recovered this afternoon by dozens of emergency responders brought in from across Kent and Sussex counties.last_img