September 3, 2017

Minnesota oil pipeline explosion and fire kills two

Friday, November 30, 2007

A major oil pipeline in Minnesota exploded and caught fire, killing two workers. The pipeline carries oil from Saskatchewan, Canada to close to Chicago, United States, representing 16% of America’s total oil imports.

The section of the pipe that exploded was undergoing maintenance at the time to address a pinhole leak first identified three weeks earlier, and patched at the time with a metal sleeve. On Wednesday, the entire section was removed and replaced with a new one. When oil was reintroduced on Thursday morning, oil leaked where the new section joined the pre-existing pipe, triggering the fatal explosion.

The fire was extinguished later the same day.

The line is split between four separate pipes. After the explosion, all four pipes were shut down, resulting in the global price surge, but this subsided for the most part after it became clear that the three undamaged pipelines had returned to normal operation, restoring 80% of the line’s capacity, and that the accident pipe is expected to be back in use in a matter of days.

“There were no problems found in that area where the leak occurred,” reporters were told by Larry Springer, spokesman for Enbridge, the Canadian company that owns the line. High-tech equipment had been through the line in 2006 to check for any signs of problems.

Enbridge identified the deceased as Dave Mussati Jr. and Steve Arnovich, both of whom were contract workers based in Superior, Wisconsin. The damaged section of pipe is in Clearbrook, which is approximately 350 miles Northwest of Minneapolis.

Enbridge metallurgists have been sent to examine the failed section in an effort to determin the cause of the accident. Other Enbridge workers are working to clear spilled oil from the site. It is expected that once this is complete, the pipe will return to service.

Global crude oil prices temporarily spiked by over US$4 per barrel but closed yesterday slightly above original prices.

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August 27, 2017

The Seven Habits Of Highly Effective People

By Morgan Hamilton

Since the recognition of THE SEVEN HABITS OF HIGHLY SUCCESSFUL PEOPLE by Forbes magazine as one of the ten most influential books of all time, much controversy has been following the title mostly regarding royalty and title issues. I am pretty perplexed with the different names credited to the title. I remember the release of the book, when it hit the bookstores without any controversies. Then there were no tussles of who is to collect the royalties or whether someone breaches the commandments of book publishing.

Today while searching in Google or some other search engine using the phrase Seven Habits of Highly Effective People, I see the same title with different authors, Franklin Covey and Stephen R Covey. Now I find that a big corporation has purchased the key phrase for their product or to use in their logo. Thus you can fairly easily assume which will be the first search result for the phrase.

I will let you know about the whole thing the website belongs to Franklin Covey. The author is Dr. Stephen R. Covey, who enjoys the credit of selling a total of 13 million plus copies of Seven Habits of Highly Effective People. The book has been revised several times since its release in 1970s.

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Well you will now like to know what the seven habits of highly effective people are. Dont you like to know? As far as we go by Dr. Coveys reputation, skills and experiences, you can assume the qualities are related to time management, personal management, interpersonal skills, leadership skills, family concerns, organizational capabilities, etc.

The content of the book also offers excellent results. Regular sharpening the axe of your skills in proactive thinking of win-win situations, to understand and to be understood all these and more are there in Seven Habits of Highly Effective People.

Apart from his own website and the big online bookstore corporations, the readers of the book also encourage you to get benefited from the book, which assumes you will become an effective leader, a loyal worker or a better human. I am not feeling like researching to find out who sweeps the sand from below the foot of the other to get listed in Google, instead I feel like going back to read the book once again.

About the Author: Morgan Hamilton offers expert advice and great tips regarding all aspects concerning books. Get the information you are seeking now by visiting

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Thomson Corporation and Reuters agree to merge

Wednesday, May 16, 2007

The Thomson Corporation and Reuters Group PLC announced Tuesday that they have agreed to combine the two companies. The boards of both Thomson and Reuters will recommend the merger to their shareholders.

The Canadian Thomson-family holding company Woodbridge, which controls 70% of Thomson, has agreed to vote in favour of the deal and the Reuters Founders Share Company, which controls a special share in Reuters, will also support the merger.

Based on the TSX CA$46.36 closing share price of Thomson on May 14, 2007, each Reuters share would be valued at 691 pence and, therefore, the full capital of Reuters valued at approximately £8.7 billion. Cash requirements for the deal are to be provided by Thomson. Woodbridge will own approximately 53 percent of the combined company, other Thomson shareholders 23 percent and Reuters shareholders about 24 percent.

The merger arrangement will leave two separate companies that will be operated as a single entity. The boards of the two companies will be identical as will the senior executive management team. Thomson will be renamed to Thomson-Reuters Corporation, and will be listed on both the TSX and the NYSE. Thomson-Reuters PLC will list on the London Stock Exchange and the NYSE.

Reuters current CEO, Tom Glocer, will become CEO of the combined company while Thomson President and CEO Richard J. Harrington will retire at the completion of the merger.

Thomson has currently 32,000 employees worldwide, with operations in 37 countries and revenues of US$6.6 billion in 2006. Thomson’s major business operations centre around financial information and legal services, with smaller ventures in tax accounting, health care, and the scientific field. Thomson is headquartered in Stamford, Connecticut, in the United States.

Reuters is one of the world’s largest news agencies, with a total of 16,800 staff in all divisions, but derives more than 90 percent of its revenue from its financial service business. It is the merger of Thomson and Reuter’s financial services divisions that may have been the genesis of the talks. It has been suggested that both companies wanted a better economy of scale to compete with Bloomberg, the American financial services giant.

“We are enormously proud of the evolution of The Thomson Corporation and the value it has created for all our shareholders,” said David Thomson, Chairman of Thomson. “We recognize the rich history of Reuters and are committed to uphold the Reuters Trust Principles.”

The chairman of Reuters, Niall FitzGerald, expressed his satisfaction with the merger. “The shared expertise and complementary strengths of these two companies makes for a strategically compelling and financially attractive combination,” said FitzGerald in a joint press release. “I am especially proud that Reuters journalism will continue to be governed by the powerful Reuter Trust Principles of independence, integrity and freedom from bias.”

The new company is projecting efficiencies of greater than US$500 million per year, by the end of the third year after closing the deal.

Criticisms were raised by Reuters journalists, who voiced concerns in an open letter to the Reuters Founders Share Company. They worried whether or not “a reconstituted Reuters would maintain the high standards of journalism and the integrity, independence and freedom from bias that have shaped the company’s 156-year-old reputation.”

It is expected that the merger will draw the attention of regulators due to the size and nature of the transaction. “Antitrust authorities in Europe and the U.S. are almost certain to apply a more detailed and lengthy review of the acquisition than is typical, because of the limited number of companies that supply prices, data, news and financial tools,” said Simon Baker, analyst, Credit Suisse in London.

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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

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Thomson Corporation and Reuters agree to merge

Wednesday, May 16, 2007

The Thomson Corporation and Reuters Group PLC announced Tuesday that they have agreed to combine the two companies. The boards of both Thomson and Reuters will recommend the merger to their shareholders.

The Canadian Thomson-family holding company Woodbridge, which controls 70% of Thomson, has agreed to vote in favour of the deal and the Reuters Founders Share Company, which controls a special share in Reuters, will also support the merger.

Based on the TSX CA$46.36 closing share price of Thomson on May 14, 2007, each Reuters share would be valued at 691 pence and, therefore, the full capital of Reuters valued at approximately £8.7 billion. Cash requirements for the deal are to be provided by Thomson. Woodbridge will own approximately 53 percent of the combined company, other Thomson shareholders 23 percent and Reuters shareholders about 24 percent.

The merger arrangement will leave two separate companies that will be operated as a single entity. The boards of the two companies will be identical as will the senior executive management team. Thomson will be renamed to Thomson-Reuters Corporation, and will be listed on both the TSX and the NYSE. Thomson-Reuters PLC will list on the London Stock Exchange and the NYSE.

Reuters current CEO, Tom Glocer, will become CEO of the combined company while Thomson President and CEO Richard J. Harrington will retire at the completion of the merger.

Thomson has currently 32,000 employees worldwide, with operations in 37 countries and revenues of US$6.6 billion in 2006. Thomson’s major business operations centre around financial information and legal services, with smaller ventures in tax accounting, health care, and the scientific field. Thomson is headquartered in Stamford, Connecticut, in the United States.

Reuters is one of the world’s largest news agencies, with a total of 16,800 staff in all divisions, but derives more than 90 percent of its revenue from its financial service business. It is the merger of Thomson and Reuter’s financial services divisions that may have been the genesis of the talks. It has been suggested that both companies wanted a better economy of scale to compete with Bloomberg, the American financial services giant.

“We are enormously proud of the evolution of The Thomson Corporation and the value it has created for all our shareholders,” said David Thomson, Chairman of Thomson. “We recognize the rich history of Reuters and are committed to uphold the Reuters Trust Principles.”

The chairman of Reuters, Niall FitzGerald, expressed his satisfaction with the merger. “The shared expertise and complementary strengths of these two companies makes for a strategically compelling and financially attractive combination,” said FitzGerald in a joint press release. “I am especially proud that Reuters journalism will continue to be governed by the powerful Reuter Trust Principles of independence, integrity and freedom from bias.”

The new company is projecting efficiencies of greater than US$500 million per year, by the end of the third year after closing the deal.

Criticisms were raised by Reuters journalists, who voiced concerns in an open letter to the Reuters Founders Share Company. They worried whether or not “a reconstituted Reuters would maintain the high standards of journalism and the integrity, independence and freedom from bias that have shaped the company’s 156-year-old reputation.”

It is expected that the merger will draw the attention of regulators due to the size and nature of the transaction. “Antitrust authorities in Europe and the U.S. are almost certain to apply a more detailed and lengthy review of the acquisition than is typical, because of the limited number of companies that supply prices, data, news and financial tools,” said Simon Baker, analyst, Credit Suisse in London.

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Prada Outlet In The Playful Temper

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Multiple people wounded in Houston, Texas shooting

Monday, September 26, 2016

A man described as a ‘disgruntled lawyer’ shot multiple people this morning in Houston, Texas before he was shot and killed by police, according to media reports. Early reports indicate as many as nine people were injured, but three of them suffered glass-related injuries. Local media KRIV identified the man as Nathan DeSai, an attorney who worked in the Houston area until his law practice closed last year allegedly due to business troubles.

The shooting began around 6:30am local time. The city’s mayor told reporters the shooter “appeared to be a disgruntled lawyer who took out his anger and frustration on individuals”, according to KHOU. One eye witness stated he heard 50 gunshots or more spanning a roughly 40-minute time period. DeSai reportedly used several weapons during the incident.

The spouse of one victim knew DeSai. She and her husband lived near him. The woman described DeSai as “a normal, average Joe”. Local media report one of the victims hospitalized is listed in critical condition. Another victim has been hospitalized in serious condition.

Earlier in September, a fourteen year-old girl in Alpine, Texas shot herself, after shooting and wounding a fellow student at her school.

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Brisbane woman charged with Sizzler poisoning

Wednesday, March 1, 2006

Queensland, Australia police have charged a 57-year-old woman with the alleged contamination of the salad bar at two Sizzler restaurants.

Rat poison pellets were found in food at Sizzler restaurants at Toowong on January 20 and the Brisbane Myer Centre outlet last Sunday. Yesterday Sizzler closed salad bars nationwide, but they did not report the incidents to the Queensland Health Department until last Monday.

Queensland’s Health Minister Stephen Robertson criticised the restaurant chain for delaying reporting a possible incident of food contamination for 37 days. “I think this is a case that – a real life case – that we should perhaps learn some lessons from,” he said.

Queensland Police Inspector Bob Hytch said the woman is the same woman police asked to come forward after she told Sizzler staff she had found pellets in soup at the Myer Centre restaurant last Saturday.

The woman is expected to face Brisbane Magistrates’ Court tomorrow charged with two counts of contamination of goods and four counts of an act intending to cause grievous bodily harm.

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August 26, 2017

Astrologer In Sydney}

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Submitted by: VIJAY NAGARAJ

Astrology long time ago settled system for investigating ourselves, our connections and our place inside of the world. It works by investigating the huge ecological impacts working in a specific spot at a given time as communicated through the horoscope in the typical connections of the magnificent bodies. Soothsaying, the art of the stars, can give us understanding into all way of circumstances, from the individual to the political and from the most personal to the most unremarkable.

The stars and planets have constantly roused a feeling of Astrology. Numerous societies look best Astrology and see the substance of the heavenly there. There’s an inestimable move on the terrific scale, and one on the close scale, continuing for each of us. Astrology is the investigation of examples and connections – of planets in movement, our introduction to the world diagram, synastry with others, the make-up of components – and utilizing that learning as a device to discover importance.

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About the Author: Guru is an Indian astrologer who is heirloom to the psychic capabilities that had been longrunning in generations of his family of priests and astrologers. Pandith Guru has amassed this spiritual learning and inherited this astrological gift from his father and Great Grandfather.

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