Lake TahoeMore and more urbanites are making permanent moves to towns that were predominately vacation retreats.The pandemic has boosted demand in places like Colorado’s Vail Valley and Lake Tahoe on the California-Nevada border. It is making for hot competition among homebuyers, according to the Wall Street Journal.Lake Tahoe’s inventory of unsold homes is down from 421 a year ago to just 60. Bidding wars are driving prices up.On the Nevada side, the median sale price was up to $1.26 million in July, some 43 percent higher than it was a year earlier. The 157 homes sold in June and July were more than twice as many as sold during the same period last year.Similarly, on the California side of North Lake Tahoe, the number of sales more than doubled to 532 in those two months, as it did in Vail Valley, to 432, between June 1 and Aug. 20.Rural areas outside smaller cities are also seeing more activity. Domain Timber Advisors this year has sold 62 lots outside cities including Seattle, Houston and Jacksonville compared with just 25 last year.“I think the main driver is people really wanting to have the option of getting out of the city and live and exist and enjoying a certain lifestyle,” said managing director Joe Sanderson. [WSJ] — Dennis Lynch This content is for subscribers only.Subscribe Now
The Scottish Government is to allocate over £500m to improving bus priority. It is part of “a step change in investment” to tackle the impact of congestion on services and patronage levels.It will also next year start work on designing a scheme to reallocate road space to high occupancy vehicles. Buses will be in scope and it will apply on parts of the motorway network around Glasgow.The news has been announced in a report, Protecting Scotland’s Future. In it, the Scottish Government acknowledges that most public transport trips in Scotland are made by bus.Zero-emission aspirationThe also outlines an aspiration to having “a world-leading zero-emission fleet” of buses but accepts that doing so will require creative action.Because of that, it is set to work with the Scottish National Investment Bank, the bus sector and potential investors to explore potential for new forms of “patient and innovative” funding. That will accelerate the deployment of zero-emission buses across Scotland.The Confederation of Passenger Transport (CPT) has welcomed the announcement. CPT Scotland Director Paul White says that operators are committed to working in partnership with local authorities to deliver an attractive, modern and green bus network for Scotland.“Every £1 invested in bus priority can generate up to eight times that amount in wider economic, social and environmental benefits. Investment in buses is an investment in Scotland’s future. It is fantastic to see buses at the heart of the Scottish Government agenda.”He adds that bus operators in Scotland have invested £250m on new vehicles over the past five years.‘England and Wales must follow suit’CPT Chief Executive Graham Vidler has called on governments in Westminster and Cardiff to follow Scotland’s example. They should show “similar leadership” by committing long-term funding to tackle congestion, he says.“Investment in bus infrastructure will facilitate the achievement of climate change targets, improve air quality and grow our economy. It’s time to follow Scotland’s lead.”The report also says that plans are progressing to introduce Low Emission Zones (LEZs) in Aberdeen, Dundee and Edinburgh by next year.In the longer term, the Scottish Government is looking towards making a shift to what it describes as zero- or low-emission city centres by 2030. To do that, it will engage extensively with “key sectors,” including the bus industry.
The agreement is meant to improve international co-operation on combating counterfeiting by establishing common approaches to piracy and copyright enforcement. The agreement would apply not only to such physical branded goods as watches and electronic equipment, but also to online services such as films and music available over the internet. European telecoms companies, internet service providers and cable operators complained on Tuesday (29 June) that the current draft threatens the confidentiality of users of online services and tries to make service providers liable for policing illegal activities. A joint statement by the European Telecommunications Network Operators Association (ETNO), the European mobile phone operators association (GMSA), the European Internet Service Providers Association (EuroISPA) and Cable Europe warned against any attempt to introduce a system where internet service providers (ISPs) were required to “scrutinise and police the content of communication between citizens”. The industry groups also warned against making ISPs liable for the content of communication, saying ISPs could be forced to intervene to avoid liability claims from rights-holders even in cases where law-enforcement authorities would not have taken action. Large parts of business are, however, strongly in favour of finalising a tough anti-counterfeiting agreement. On 28 June, Philippe de Buck, the director-general of BusinessEurope, wrote to Karel De Gucht, the European commissioner for trade, stressing the importance of ACTA in ensuring a “strong and effective intellectual property system” that was essential to stimulate growth and innovation. Negotiators are hoping to finalise the agreement this year. Business groups are split over the merits of an anti-counterfeiting treaty that is being negotiated internationally. The latest round of negotiations on an Anti-Counterfeiting Trade Agreement (ACTA) is being held in Lucerne, Switzerland, and is scheduled to end today (1 July). While some business groups have welcomed the prospect of a treaty to strengthen intellectual property protection, electronic communications companies are warning that it could have unfortunate side-effects.
Well, so much for that.Just a day after organizers behind the ridiculously troubled Woodstock 50 festival announced they were moving locations (again) from their former proposed locations in upstate New York, to the smaller, 32,000-capacity Merriweather Post Pavilion in Columbia, MD, the festival’s organizers have now confirmed they have formally released all artists who were scheduled to perform at the initially-planned event from their contracts.According to a report from Billboard shared on Friday afternoon, The Killers, Miley Cyrus, Santana, The Lumineers, The Raconteurs, Robert Plant and The Sensational Space Shifters, Nathaniel Rateliff & The Night Sweats, The Jewels, and many more are now free from their contractual obligations to perform at the event, which is still scheduled for August 16th-18th. The news also comes just a day after both Jay-Z and John Fogerty pulled out of taking part in what has become the best joke of the 2019 concert season thus far.A letter sent from Woodstock 50 organizer Michael Lang to the agents of participating artists explained their clients were still welcome to play the festival at its new location, but were no longer legally obligated to show up.Most of the artists have remained pretty quiet about the status of the event over the last few months, which began to show signs of instability when organizers postponed the initial ticket on-sale. Tickets were originally scheduled to be released for purchase on Monday, April 22nd, in honor of Earth Day. Tickets for the event’s new location have yet to be released as of Friday afternoon.“Michael Lang called me a week ago about doing the show in DC proper but, on this short notice, there really wasn’t anywhere to do that. I suggested Merriweather would be a low-risk option and is considered DC. Plus it has a similar historic legacy,” Merriweather Post Pavilion operator Seth Hurwitz said of the event’s new location. “We made a deal quickly contingent on him putting a show together and dealing with the fact that we have a show booked on one of those dates. So now I’m just a venue waiting to see if the promoter with the hold is going to confirm.”This story is developing.[H/T Billboard]
View Comments Ivo van Hove(Photo: Anthony Harvey/Getty Images) Tony-winning director Ivo van Hove has signed on to direct an upcoming stage adaptation of Hanya Yanagihara’s 2015 novel A Little Life. Koen Tachelet has crafted the script of the new play, scheduled to appear at Amsterdam’s Stadsschouwburg Theatre beginning on September 20 with an opening set for September 23.A Little Life follows four men over a period of more than 30 years: lawyer Jude, actor Willem, visual artist JB and architect Malcolm. The story is the history of their friendship, as they remain closely connected with each other during the rest of their lives.The cast of A Little Life will include Ramsey Nasr as Jude, Maarten Heijmans as Willem, Majd Mardo as JB, Mandela Wee Wee as Malcolm, Marieke Heebink as Ana and Steven van Watermeulen as Harry. The company will also include Hans Kesting.Van Hove is a 2016 Tony winner for his acclaimed revival of Arthur Miller’s A View From the Bridge. His other credits include a Broadway production of Miller’s The Crucible and the stage adaptation of the Oscar-winning film Network, which recently concluded its run with London’s National Theatre. Van Hove is expected to direct a 2019 stage adaptation of All About Eve in London. Book cover art for A Little Life by Hanya Yanagihara(Penguin Random House)
Related Consumer technology innovator Scosche Industries, has unveiled the Scosche myTREK pulse monitor and app for iPhone and iPod touch. Founded in 1980, Scosche Industries is an award-winning innovator of iPad, iPhone and iPod accessories. The Scosche myTREK allows users to track their pulse, calories burned, distance, speed, pace, store past workouts and much more.After pairing the Scosche myTREK with an iPhone or iPod touch, users are prompted to download the free accompanying app. Once the app is downloaded the myTREK is ready to go and users can begin tracking their training sessions.The myTREK utilizes two LEDs combined with a photo sensor to detect minute changes in the user’s blood pressure to measure pulse. A built-in accelerometer allows the myTREK to adjust for movement during exercise, in tandem with the user’s heartbeat allowing for measurement of pulse and calories burned.Users can personalize their workouts by selecting their type of activity, target training zone and type of workout. A male or female voice prompt updates the user’s progress in real time, letting them know how close they are to accomplishing their goals or if they have moved outside their desired target heart rate zone.Workout data is then stored on the device and can be viewed in the app’s calendar to see what days the user worked out and what was accomplished during each individual workout.The myTREK’s comfortable arm-strap design fits over the muscular portion of the user’s forearm and provides convenient track and volume control. A lithium ion battery provides 5 hours of continuous workout time before the myTREK needs to be charged via an included USB cable. The myTREK ships with small, medium and large sized armbands to ensure an appropriate fit for the consumer.The Scosche myTREK is available now at Apple retail stores, and via 24hourfitness.com, 24-Hour Fitness gyms and Scosche.com for US$129.99. The unit is also due to be listed at Target, Apple.com and Verizon Wireless stores soon.“At 24 Hour Fitness, we know that fitness tools can be very useful in helping people achieve their goals; whether it’s to lose weight, run a faster marathon or to get healthier,” said Bill Quinn, Senior Vice President of Merchandising at 24 Hour Fitness. “We are excited to be a Scosche launch partner for the new myTREK pulse monitor and offer our members another option to support them with their fitness journey.”“Scosche has long been the most popular consumer electronics brand sold in 24 Hour Fitness gyms and on their website,” said Kas Alves, Executive Vice President of Scosche Industries. “We were thrilled when they agreed to carry the myTREK pulse monitor in 286 24 Hour Fitness locations across the US.”www.scosche.com
STUTTGART, Germany – Prof. Ferdinand Alexander Porsche, honorary president of the Porsche AG Supervisory Board and designer of the iconic Porsche 911, died on April 5 in Salzburg, Germany. He was 76. Matthias Müller, president and CEO of Porsche AG, paid tribute to Ferdinand Alexander Porsche’s services to the sports car manufacturer: “We mourn the death of our partner, Ferdinand Alexander Porsche. As the creator of the Porsche 911, he established a design culture in our company that has shaped our sports cars to this very day. His philosophy of good design is a legacy to us that we will honor for all time.” Ferdinand Alexander Porsche was born in Stuttgart on Dec. 11, 1935, the oldest son of Dorothea and Ferry Porsche. Even his childhood was shaped by cars. He spent much of his time in the engineering offices and development workshops of his grandfather, Ferdinand Porsche. In 1943, the family accompanied the Porsche company’s move to Austria, where he went to school in Zell am See. After returning to Stuttgart in 1950, he attended the private Waldorf School. After leaving school, he enrolled at the prestigious Ulm School of Design. In 1958, F.A. Porsche, as he was known by his colleagues, joined the engineering office of what was then Dr. Ing. h.c. F. Porsche KG. He soon proved his great talent for design by sculpting the first model of a successor to the 356 model line out of plastic. In 1962, he took over as head of the Porsche design studio, creating a worldwide furor one year later with the Porsche 901 (or 911). With the Porsche 911, F.A. Porsche created a sports car icon whose timeless and classical form survives to this very day in what is now the seventh 911 generation. However, in addition to passenger cars, F.A. Porsche also concerned himself with designing the sports cars of the 1960s. His best-known designs include the Type 804 Formula One racing car or the Porsche 904 Carrera GTS, now considered to be one of the most beautiful racing cars ever. In the course of the conversion of Porsche KG into a joint-stock corporation in 1971/72, Ferdinand Alexander Porsche, along with all the other family members, stepped down from the company’s front-line business operations. In 1972, he founded the “Porsche Design Studio” in Stuttgart, the head office of which was relocated to Zell am See in Austria in 1974. In the decades that followed, he designed numerous classic gentlemen’s accessories such as watches, spectacles and writing implements that achieved global recognition under the “Porsche Design” brand. In parallel, with his team, he designed a plethora of industrial products, household appliances and consumer durables for internationally renowned clients under the brand “Design by F.A. Porsche.” A strong and clear design concept typifies all product designs created in his design studio to date. The credo of his design work was: “Design must be functional and functionality has to be translated visually into aesthetics, without gags that have to be explained first.” “A coherently designed product requires no adornment; it should be enhanced by its form alone.” The design’s appearance should be readily comprehensible and not detract from the product and its function. His conviction was: “Good design should be honest.” Ferdinand Alexander Porsche received numerous honors and awards both for his work as a designer as well as for individual designs. For example, in 1968, the “Comité Internationale de Promotion et de Prestige” honored him for the outstanding aesthetic design of the Porsche 911 while the Industrial Forum Design Hannover (iF) voted him “Prizewinner of the Year” in 1992. In 1999, the President of Austria bestowed on him the title of professor. Ferdinand Alexander Porsche retained a close lifelong association with Porsche AG as a partner and member of the supervisory board. For example, even after stepping down from front-line business operations, he contributed to the design of Porsche’s sports cars over many decades and repeatedly steered the company in the right direction. This was especially the case for the difficult period Porsche experienced at the beginning of the 1990s. From 1990 to 1993, F.A. Porsche served as president of the company’s supervisory board, thus playing a major role in Porsche A.G’s economic turnaround. In 2005, he stepped down from his supervisory board role in favor of his son Oliver and assumed the mantle of Honorary President of the Supervisory Board. Ferdinand Alexander Porsche will be buried in the family grave at Schüttgut in Zell am See, attended by his immediate family. An official funeral service will be held in Stuttgart at a later date. AdvertisementClick Here to Read MoreAdvertisement
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[mappress]Press Release, June 16, 2014 Global Petroleum Limited, the oil and gas exploration company presently focused on emerging plays in Africa and the Mediterranean, notes the recent announcement by the partners in the Welwitschia-1A well of their decision to plug and abandon the well.The Welwitschia-1A well was drilled to a depth of 2,454m in Block 2011A, adjacent to Global’s Block 2010A in the Walvis Basin offshore northern Namibia.“The Global technical management team wishes to make it clear that the geological setting of Global’s blocks 2010A and 1910B is distinct from that targeted by the partners in the Welwitschia-1A well,” the company said in a press release.The great majority of the prospectivity in Global’s acreage is mapped in older sediments. These deeper structures were not reached by the Welwitschia-1A well. Therefore, the significant potential of these deeper traps and reservoirs remains to be tested.Global added that its technical management team believed that the shallower reservoir potential also remains in its blocks, as Global’s technical interpretation is that the high quality Maastrichtian and Campanian reservoirs in its blocks were deposited in a sandstone reservoir fairway which skirted and bypassed the old highs such as the one drilled by Welwitschia-1A.Related: Welwitschia well disappoints (Namibia)Regarding the source, it is thought that the main charge for Global’s prospects is also in the older sediments: this means that the deeper structures would be charged first, secondly the shallower Maastrichtian and Campanian traps, and only thirdly the reservoir fairway between the highs- on one of which Welwitschia-1A was drilled.Global’s CEO, Peter Hill, commented: “We remain optimistic about the potential of our Namibian blocks given the technical differentiation between the prospectivity on our blocks and the target drilled at Welwitschia-1A. Our advisors, FirstEnergy Capital, will continue the farm-out process on our behalf. Equally, we note the wider context of the relative lack of drilling success over the course of 2013 and 2014 so far in frontier exploration plays in the Atlantic Margin, and of the market’s reaction to this lack of success. We feel that this context makes it all the more important for Global to continue its strategy of being highly selective in the way in which it invests the funds available to it.”
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