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August 16, 2014

Skateboarding legend Jay Adams dies of heart attack at age 53

Filed under: canada, news — Tags: , , , — Snowman @ 6:12 am

LOS ANGELES, CALIF.—Jay Adams, the colorful rebel who helped transform skateboarding from a simple street pastime into one of the world’s most spectacular sports — with hair-raising stunts and an outsized personality to match — has died at age 53.

Adams died of a heart attack Thursday during a surfing vacation in Mexico with his wife and friends, his manager, Susan Ferris, said Friday.

With his flowing, sun-bleached hair, explosive skating style and ebullient personality, Adams became one of the sport’s most iconic figures during the years it moved from empty backyard swimming pools to international competition.

“He was like the original viral spore that created skateboarding,” fellow skateboarder and documentary filmmaker Stacy Peralta told The Associated Press on Friday. “He was it.”

But at the height of his fame in the early 1980s, Adams was convicted of felony assault, launching a string of prison stints over the next 24 years.

The member of the Skateboarding Hall of Fame, who had proudly been clean and sober for the past several years, blamed his troubles in part on the sport’s early years, when seemingly any outrageous behaviour was tolerated.

“We were wild and acting crazy and not being very positive role models,” he told The New York Times shortly after being released from prison for the last time in 2008.

He had rocketed to fame while still a teenager as a founding member of the Zephyr Skate Team, a group of surfers turned skateboarders who came together in a rundown, dicey neighbourhood known as Dogtown that straddles Los Angeles’ Venice Beach and the city of Santa Monica payday loan.

Peralta, another member, would memorialize the group in his 2001 documentary “Dogtown and Z-Boys.”

“Watching him when he was 14, 15, 16 was pure entertainment,” the filmmaker recalled Friday. “It was like watching energy itself evolve. You never knew what he was going to do, and no matter how great he was at something, he never repeated it.”

Although he wasn’t technically the best skater out there, Peralta said, Adams’ influence on the sport was as great as that of X Games gold medallist Tony Hawk.

Adams never became quite the household name Hawk is, perhaps in part because of his repeated brushes with the law.

When “Dogtown and Z Boys” premiered in 2001, he was in jail again, this time doing time on a drug charge.

About the time the 2005 feature film “Lords of Dogtown” would hit theatres, Adams, who was played by actor Emile Hirsch, was being busted for drugs again.

Upon his release, he vowed to stay out of trouble — and he did.

Peralta said he last saw Adams at a dinner gathering about six weeks ago.

“He was the first person to show up at the dinner table, which was remarkable, and he was drinking hot tea, which was even more remarkable,” he said. “He had really turned a corner.”


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August 13, 2014

Manila Port Truck Logjam Fans Inflation as Output Wanes - Bloomberg

Filed under: economics, money — Tags: , , , — Snowman @ 1:36 am

Containers with goods from garlic to microchips are piling up at the main ports in the Philippines six months after a truck ban took effect, causing a supply logjam that

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August 11, 2014

U.S. Bank closes on financing for Arcade building rehab

Filed under: management, mortgage — Tags: , , , — Snowman @ 10:40 am

U.S. Bank has closed on more than $77 million in several tax credit financing packages for the redevelopment of the Arcade building downtown.   

The Minneapolis-based bank, which announced the closure of financing Monday, invested $77 million in the century-old building at 800 Olive Street, through federal New Markets Tax Credits, federal and state historic tax credits and federal low-income housing tax credits. The bank’s U.S. Bancorp Community Development Corporation subsidiary is based in downtown St. Louis. 

Dominium Development, the Minneapolis-based developer on the $116 million project, is converting two lower floors of the 18-story, 500,000 square foot building to classroom space for Webster University and upper floors into 282 market rate and affordable-housing apartments for artists no credit check payday loans. The project also includes more than 13,000 square feet of artist studio space.

“Tremendous persistence, commitment and a deep desire to support the emergence of downtown St. Louis as an arts and innovation community kept our team motivated to make this development come to fruition,” Zack Boyers, chairman and chief executive officer of USBCDC said in a statement.

Webster University will move in as early as December 2015 and construction on the remaining space will finish in January 2016, U.S. Bank said.


July 31, 2014

Purina’s new natural brand has ’super foods’ for pets

Filed under: loans, term — Tags: , , , — Snowman @ 2:16 am

Nestlé Purina PetCare’s new brand of dog and cat food, Beyond, features natural ingredients, including ’super foods’ such as sweet potato and pumpkin. 

St. Louis-based Purina, a division of Swiss-based Nestlé, said Wednesday that the new Beyond line of natural dog and cat foods are made from meat, poultry or fish as the number one ingredient, with no corn, wheat, soy, poultry by-product meal or added artificial colors, flavors or preservatives.

Beyond’s ingredients include nutrient rich ’super foods’ such as salmon, sweet potato, pumpkin and cranberries, the company said when announcing the new brand. 

Beyond is being rolled out nationwide at mass and grocery retailers and at pet specialty stores. 


July 29, 2014

Waste Management selling subsidiary for $1.94B

Filed under: finance, online — Tags: , , , — Snowman @ 3:04 pm

HOUSTON (AP) — Waste Management is selling a subsidiary to Energy Capital Partners for $1.94 billion as part of its effort to focus on its core business.

It is selling Wheelabrator Technologies Inc., which owns or runs 17 waste-to-energy facilities and four independent power-producing plants in the U.S. The business also has four ash monofill landfills, three transfer stations and an ongoing development and construction project in the U.K. Wheelabrator’s 2013 revenue totaled about $845 million.

Houston-based Waste Management Inc. said Tuesday it plans to use proceeds from the sale to buy assets related to its core business and for stock repurchases.

The deal is targeted to close later this year. It still needs approval from the Federal Energy Regulatory Commission.


July 28, 2014

Even Yakuza Can

Filed under: marketing, money — Tags: , , , — Snowman @ 12:04 am

Orient (8585) Corp., the Japanese lender at the center of a scandal over loans to gangsters that engulfed Mizuho Financial Group Inc., sold debt at about a fifth of the premium global companies pay, as investors search for yield.

The consumer lender, an affiliate of Mizuho, offered 10 billion yen ($98 million) of five-year notes at 18 basis points over yen swaps earlier this month, in its first public straight bond. That compared with the average spread of 11 basis points for Japanese company debt and 98 for global corporates, according to Bank of America Merill Lynch data.

Unprecedented Bank of Japan stimulus has cut local corporate bond spreads to a seven-year low, prompting investors to seek riskier debt to boost returns. Two top executives at Mizuho resigned posts this year after Japan

July 23, 2014

Consumer Prices in U.S. Increase as Gasoline Costs Jump - Bloomberg

Filed under: legal, management — Tags: , , , — Snowman @ 2:00 am

The cost of living in the U.S. rose in June, paced by a jump in gasoline that is now reversing, bolstering Federal Reserve Chair Janet Yellen

July 10, 2014

Hong Kong Buyers Queue for New Homes After Prices Plunge - Bloomberg

Filed under: business, online — Tags: , , , — Snowman @ 1:16 am

On a Saturday morning in mid-June, thousands wait, crammed into Hong Kong

July 1, 2014

Flooding forces evacuation of Saskatchewan hospital

Filed under: economics, online ads — Tags: , , , — Snowman @ 8:45 pm

More than 150 acute care patients and long-term residents have been moved from a hospital in eastern Saskatchewan because of flooding.

The full-scale evacuation at St. Peter’s Hospital in the city of Melville, about 145 km northeast of Regina, took place because a creek behind the facility was rising Tuesday.

Officials are also watching a nearby dam.

“The dam has not been breached,” said Patrick Boyle with the Saskatchewan Water Security Agency. “What we’ve seen happen is the water level coming into the dam, the dam is holding, it’s actually going around the dam . . . and that’s what’s creating the impact in the town and the cause for concern with the infrastructure there.”

Emergency management commissioner Duane McKay says the water has not entered the hospital and crews are building a berm on a driveway behind the facility.

“The water has not touched the building and the work that’s going there is to ensure that it never gets to the building,” said McKay.

The evacuation comes because a deluge of rain caused widespread flooding in eastern Saskatchewan and western Manitoba.

Officials had said Monday that parts of southeast Saskatchewan got more than 240 millimetres of rain over the weekend, while some parts of western Manitoba reported more than 100 mm. However, those figures came out while the water was still coming down in many communities.

More than 500 people have been forced to leave their homes in Saskatchewan and Manitoba. That number will likely rise as officials started asking people living along the river in Virden, Man., to leave their homes on Monday night.

Meanwhile, McKay also says the number of communities under states of emergency has jumped to 53 in Saskatchewan cash advance no faxing.

Saskatchewan Premier Brad Wall says early estimates show the “unprecedented rainstorm and flooding” will be costly.

“We think we’re looking at an event that was larger in financial impact than the 2011 flood because it’s so widespread, because the number of communities are so significant and also because of the major infrastructure and highway damage,” Wall said Tuesday in Saskatoon.

“That particular event cost the province $360 million and so we’re thinking it’s somewhere higher than that.”

Wall says it’s hard to assess some of the highway damage because the roads are still under water. At least 19 sections of highways in eastern Saskatchewan were closed to travel Tuesday.

There were also 31 municipalities under emergencies in Manitoba, which is now bracing to deal with rivers swollen by the runoff.

“It’s not over yet,” Manitoba Premier Greg Selinger said Tuesday after touring flooded areas. “There’s been a lot of rain in Saskatchewan and all that water moves towards Manitoba.”


June 28, 2014

Dyke March draws thousands in

Filed under: canada, marketing — Tags: , , , — Snowman @ 7:17 pm

The drum beat starts slow, a trudging thump, faintly mournful vocals drifting over the crowd gathered in front of the stage.

With each verse, it picks up speed and power, until hands are clapping and feet are stamping and heads are bobbing among those gathered for the annual Dyke March on Saturday afternoon.

The song, speaker and performer Sharp Dopler had explained, is called “The Longest Walk.”

It reflects the difficulty of the beginning, the challenge of setting out on a journey, and then the increasing speed and ease with which one can travel until they’re poised to “take over the world.”

Finally, the song reaches its crescendo and the crowd erupts in a long, loud chorus of cheers.

Thousands congregated in Allan Gardens in downtown Toronto before the march in an atmosphere that was part-political rally, part-reunion, part-festival. Some donned T-shirts that read No H8, others made signs that read things like, “Yes I’m a lesbian, Now kiss me,” and more political messages such as “Prostitution laws kill sex workers.”

Marcy Rogers, who has been coming to the Dyke March since its inception in the mid-1990s, said it serves as a reminder of when women didn’t have status in the gay community.

“We were just kind of allowed,” said Rogers. And it’s still important because women have haven’t yet achieved basic rights like equal pay, said Rogers.

“Nothing’s really changed,” she said. “It has on a certain level … but as women, we still haven’t got what we want low interest rate personal loans.”

Prostitution laws, poverty, domestic violence, missing and murdered aboriginal women — these are some of the problems that still need to be addressed, said Moxie Moxon.

“Dyke March is about addressing all those issues,” said Moxon, as nearby marchers chanted, “We’re here, we’re queer, we’re feminist, don’t f— with us!”

And it’s a social event, Moxon said, as she stopped again and again to greet passersby.

“This is where we meet our community every year,” said Moxon.

As the long procession wound its way out of Allan Gardens to follow the march route through downtown, onlookers gathered along the sidewalks. Former MP and current mayoral candidate Olivia Chow marched, drawing a chorus of cheers as she made her way down Carlton St. flanked by purple-T-shirted campaign supporters.

Pride volunteer Margaret Ngai said she was there working to raise awareness about human rights, both domestically and internationally, as part of the events.

“A lot of people think of it as a big celebration or party,” said Ngai, co-chair of Pride’s human rights team. “We want to elevate the human rights.”


As barriers in sports fall, baseball still waiting for first openly gay player


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