Historic Wilmington home to be moved become restaurant

first_imgHouse on 310 Bladen Street (Photo: Historic Wilmington Foundation) WILMINGTON, NC (WWAY) — Historic Wilmington Foundation (HWF) says a turn-of-the-century bungalow will soon be moved and become a restaurant.The home on 310 Bladen Street will be moved to the corner of 4th and Swann.- Advertisement – “Saving this building was a team effort,” says Beth Rutledge, Executive Director of HWF. “We were fortunate that it was given to this organization instead of being demolished. Figuring out how to proceed was all about various folks coming together to get this house a new home.”The three-bedroom bungalow was donated to Historic Wilmington Foundation.Says Rutledge, “Maintaining historic integrity has been important to Jennifer and Matt from the start. They are committed to getting a preservation easement and a plaque for house. They also are thrilled about being part of the history and future of North Fourth Street.”Related Article: Frankie Valli and the Four Seasons concert in Wilmington canceledHWF has a legacy of moving and saving houses, and Rutledge says that doing so is a highly visible way to demonstrate historic preservation in action. Additionally, “There are several adaptive reuse projects on North Fourth Street, including Edward Teach Brewery, Red Eye Bakery, Palate, Brooklyn Arts Center… Old buildings are finding new life, and 310 Bladen will now be added to that list. We’re excited about what happens next.”Founded in 1966, the Historic Wilmington Foundation is a 501 (c) (3) organization dedicated to protecting and preserving the irreplaceable historic resources of Wilmington and the Lower Cape Fear Region.last_img read more

See More

Easter sunrise service brings hundreds to Wrightsville Beach

first_img North Pointe has been around for 20 years, and this is the 19th sunrise service. For some, it’s been an Easter staple.“It’s kinda grown, and a lot of people who attend now are yearly people,” Loman said. “They come back year after year, after year. They make this a part of their family tradition for Easter.”Pastor Loman and congregation members like Patti Lewis agree that taking advantage of the beach makes this service particularly special, and that it adds a certain “ambiance” to their Easter experience.Related Article: Teams paddle 24 hours to benefit cancer fighters“The beaches, the backdrop, the waves, it’s just been a beautiful day,” Lewis said. “Perfect day for a Sunrise Service.”Loman works hard to make every service at North Pointe meaningful and worthwhile, but nothing can match the sunrise service.“It sets the perfect environment, ambiance for the celebration of a risen savior,” Loman explained.“If just one soul can be touched by this service it’s worth every bit of these people out here today,” Lewis added.Loman says he is already looking forward to next year. WRIGHTSVILLE BEACH, NC (WWAY) — What better way to celebrate Easter Sunday than with a service, live music and food all at the beach?North Pointe Community Church held a sunrise service in Wrightsville Beach early Sunday. Pastor Jeff Loman called it “picture perfect.”- Advertisement – last_img read more

See More

Decrease of 94 in Government expenditure on RD within two years –

first_img SharePrint <a href=’http://revive.newsbook.com.mt/www/delivery/ck.php?n=ab2c8853&amp;cb={random}’ target=’_blank’><img src=’https://revive.newsbook.com.mt/www/delivery/avw.php?zoneid=97&amp;cb={random}&amp;n=ab2c8853&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a> Statistics from the National Statistics Office have revealed that from 2015 till 2017, there has been a decrease of 94.86% in Government expenditure on research and development (R&D), reducing from €11.8 million to €607,000.In total, there has been a decrease of €5.56 million in expenditure on R&D in Malta.During 2017, an increase of €7.2 million was registered in total expenditure on R&D activities, equivalent to 12.3% of GDP. In 2015, total R&D expenditure was registered at €71.49 million, or 0.74% of GDP.The Business Enterprise is leading R&DThe Business Enterprise sector contributed 65.3% to total R&D, whereas the Higher Education and Government sectors contributed 33.8% and 0.9% respectively.In 2017, both the Business Enterprise sector and the Higher Education Sector reported an increase in R&D expenditure compared to 2016. The higher R&D expenditure was triggered by higher outlays on recurrent expenditure of €7.6 and €2.8 million respectively. Capital expenditure for these two sectors dropped by €900,000 and €2.1 million respectively. The Government sector registered a drop of €0.2 million, primarily in recurrent expenditure.Primarily the R&D expenditure is dedicated to Basic Research, with a 52.1% of total R&D in 2017, followed by Applied Research (32.6%) and Experimental Development (15.3%).Breakdown of expenditureLabour costs represented 72% of total R&D expenditure, followed by recurrent expenditure (20.7%) and capital projects (7.1%).In 2017, the highest rate of R&D activity was recorded in Engineering and Technology which accounted for 45.7% of total expenditure, followed by Natural Sciences (22%) and Medical Sciences (16%).Government budget allocations for R&D in 2018In 2018, the highest outlays of Government budget allocations for R&D (GBARD) were recorded in the socio-economic activities related to Health (€6 million), Culture, recreation, religion and media (€4.4 million), Political and social systems, structures and processes and Industrial production and technology (both €4.1 million). Compared to 2017, GBARD increased by €3.8 million.WhatsApplast_img read more

See More

Belgium beat Scotland in friendly match

first_img <a href=’http://revive.newsbook.com.mt/www/delivery/ck.php?n=a7617b59&amp;cb={random}’ target=’_blank’><img src=’https://revive.newsbook.com.mt/www/delivery/avw.php?zoneid=128&amp;cb={random}&amp;n=a7617b59&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a> SharePrint Eden Hazard continued his brilliant start to the new season by producing another formidable display as Belgium beat Scotland 4-0. Roberto Martinez’s side opened the scoring inside the first half hour thanks to Romelu Lukaku who has now scored 18 goals in his last 16 appearances for the national team.Hazard increased Belgium’s goal advantage with a powerful shot from a tight angle in the 46th minute. Substitute Michy Batshuayi, who is currently on loan at Valencia, scored two second half goals in 10 minutes to end Scotland’s hopes of a late comeback. This was Scotland’s biggest home defeat since England won 5-0 in February 1973.WhatsApplast_img read more

See More

4 local applications may be up for funding by Uganda Government

first_imgDavid from world bank gives award to the kuangalia team Advertisement The hack4ag Uganda hackthon was concluded last week in Jinj which saw three groups being awarded for coming up with the best applications. Kuangalia, an app that helps farmers verify seeds quality emerged winners. According to a senior economist at the World Bank, they were the clear cut winners, their solution was simple, solved a big problem for the farmers and they had developed a complete solution. The Farmer’s Amazon were the second runner’s up with their API that would enable different applications from different developers run on USSD.Both Kuangalia and Farmer’s Amazon have been approached by officials from NITA-U, according to Fred Byamugisha the manager applications solutions, an aggregator like farmer’s Amazon would gladly be welcome by government.Also sources from the world bank indicate that the hackthon will not be the end, some sources say that already four applications of the six will be adopted and funded under the the Ministry of Agriculture with funding from the World Bank. According to Maureen Agene, one of the organizers from world bank, hackers just have to continue developing their solutions so that when they are contacted, they have advanced solutions. Another source also assured the hackers that if all goes well, the funds will be available in less than four months pending approval from the Ugandan government. Hackers also might have an opportunity to go to South Korea next year and interact with Korean developers.last_img read more

See More

STARTERS ORDERS Tuesday

first_imgWelcome to Starters Orders. Our new daily midday update from the trading room at Star Sports with our key market movers for the day across all sports.Tuesday 13 August2.00 WorcesterAmaury De Lusignan 16/1 > 7/12.30 WorcesterWestern Way 7/1 > 5/13.30 WorcesterArctic Knight 13/2 > 4/16.05 NottinghamRoyal Intruder 16/1 > 7/16.50 StratfordLaudatory 7/2 > 5/2last_img

See More

STARTERS ORDERS Sunday

first_imgRACING MOVERS2.20 FontwellIlewin For Hannah 6/1 > 3/13.25 FontwellThe Kvilleken 7/1 > 9/24.15 NaasWashington DC 11/8 > 11/10LIVE FOOTBALLLeague One Play-Off Final15:00 Sky Sports 1 / Sky Sports 1 HD8/5 Barnsley2/1 Millwall23/10 DRAWInternational Friendly19:45 Premier Sports / Premier Sports HD8/11 Italy4/1 Scotland5/2 DRAW(All prices subject to fluctuation) [dropcap]W[/dropcap]elcome to Starters Orders. Our daily midday update from the trading room at Star Sports with our key market movers for the day across all sports.Sunday 29 May What’s your view?CALL STAR SPORTS ON 08000 521 321last_img

See More

STARTERS ORDERS Friday

first_imgBET WITH STAR SPORTS 08000 521 321 [dropcap]W[/dropcap]elcome to Starters Orders. Our daily midday update from the trading room at Star Sports with our key market movers for the day across all sports.Friday 24 June RACING MOVERS5.20 DoncasterUndertow 14/1 > 8/17.45 NewcastleSecret Sense 33/1 > 12/18.15 NewcastleRun To The Hills 7/2 > 5/29.00 NewmarketIt Must Be Faith 12/1 > 11/2EURO 2016 MATCHESSATURDAYUEFA EURO 2016 Round of 1614:00 BBC One / BBC One HD11/5 Switzerland 13/8 Poland 19/10 DRAWUEFA EURO 2016 Round of 1617:00 BBC One / BBC One HD / S4C / S4C HD1/1 Wales 7/2 Northern Ireland 2/1 DRAWUEFA EURO 2016 Round of 1620:00 ITV / ITV HD13/8 Croatia 2/1 Portugal 2/1 DRAWSUNDAYUEFA EURO 2016 Round of 1614:00 ITV / ITV HD4/9 France 8/1 Republic of Ireland 3/1 DRAWUEFA EURO 2016 Round of 1617:00 ITV / ITV HD4/9 Germany 8/1 Slovakia 3/1 DRAWUEFA EURO 2016 Round of 1620:00 BBC One / BBC One HD11/2 Hungary 8/13 Belgium 13/5 DRAWMONDAYUEFA EURO 2016 Round of 1617:00 BBC One / BBC One HD3/1 Italy 23/20 Spain 2/1 DRAWUEFA EURO 2016 Round of 1620:00 ITV / ITV HD8/15 England 7/1 Iceland 14/5 DRAW(All prices subject to fluctuation)last_img read more

See More

Recent auditing regulations decrease preliminary reports reliability

first_imgAddThis ShareCONTACT: Jessica StarkPHONE: 713-348-6777EMAIL: stark@rice.eduRecent auditing regulations decrease preliminary reports’ reliabilityStandards create trade-off between timeliness and accuracyThe very standards designed to improve public companies’ annual earnings reports are increasing the likelihood that preliminary earnings numbers are not as reliable as they were before the standards, according to research from Rice University, the University of Kansas and Michigan State University. The new study finds the 2004 implementation of the Public Company Accounting Oversight Board (PCAOB) Auditing Standards No. 2 (AS2) and No. 3 (AS3) has increased the length of time between the fiscal year-end and the audit report by about 15 days; in 2005, audits were completed, on average, about 65 days after the end of the fiscal year.Because of market demand for timely disclosures, most companies have kept the same date to release their preliminary earnings report, despite the increased audit report lag. Before the implementation of AS2 and AS3, 70 percent of companies waited to release their preliminary numbers until after their audit was complete; in 2005, only 20 percent waited. “We’re seeing that preliminary earnings information is not as reliable as it once was,” said K. Ramesh, professor of accounting in Rice’s Jones Graduate School of Business. “It’s an unintended consequence of the new regulations. Companies are facing a trade-off in providing value-relevant information on a timely basis and the potential loss of reliability in releasing the information prior to the audit being completed.” Since the new regulations, the number of preliminary earnings announcement (PEA) revisions — cases in which the preliminary earnings announcement differs from what’s reported in the 10-K filing — increased from 12 revisions in 2000 to 186 revisions in 2005. The research team found that PEA revisions would have been 35 percent lower during 2005 if the companies had waited until after audit completion to make the preliminary earnings announcement. ”The negative association between completion of audit and PEA revisions provides direct archival evidence on the value of the financial statement audit,” Ramesh said.The researchers — Ramesh from Rice University, Scott Bronson from the University of Kansas and Chris Hogan and Marilyn Johnson from Michigan State University — also examined the market reaction to the disclosure of the revisions. They found that revisions disclosed in 10-K filings are generally smaller in absolute magnitude than revisions disclosed in earnings press release and 8-K filings. “The negative stock market reaction to corporate announcements of forthcoming PEA revisions points to the economic significance the market attaches to the reliability of information in PEAs,” Ramesh said. “Any change in reliability of PEAs has important implications, given that capital market participants have historically placed greater emphasis on salient and timely disclosures in earnings press releases than disclosures in periodic reports.”The research paper, “The Unintended Consequences of PCAOB Auditing Standards Nos. 2 and 3 on the Reliability of Preliminary Earnings Releases,” will be published in a forthcoming issue of the Journal of Accounting and Economics.A working version of the paper is available at: http://www.ruf.rice.edu/~kr10/BHJR%20Working%20Paper%20Version.pdf.last_img read more

See More

Cybersecurity expert available to comment on IMF breach

first_imgAddThis ShareCONTACT: David RuthPHONE: 713-348-6327EMAIL: druth@rice.edu Cybersecurity expert available to comment on IMF breachRice University’s Baker Institute fellow Christopher Bronk available for interviewsOver the weekend, news articles reported a significant compromise of computer systems at the International Monetary Fund (IMF) by an unauthorized party. While the details leaked to reporters of the New York Times remain scant, what is known is that the IMF is a critical target. Christopher Bronk, a fellow in information technology policy at Rice University’s Baker Institute for Public Policy and a former U.S. State Department diplomat who specializes in cybersecurity issues, is available to comment on the IMF breach.The IMF oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on the exchange rate and balance of payments. Its objectives are to stabilize international exchange rates and facilitate development through the encouragement of liberalizing economic policies. Nonpublic member state data and highly sensitive negotiating communications between the IMF and the member states are kept on the IMF’s network, much of which is so sensitive it could affect world financial markets and public policy decisions in the member states.“For those trolling for data at the IMF, much valuable information could no doubt be found, as the fund assumes a pivotal role in managing the still unraveling financial crises around the globe, particularly those in Europe,” Bronk said. “In the statecraft of cyberspace, this is a serious event, perhaps the most serious since the cyberattack directed at the Iranian nuclear enrichment facilities last year.” Bronk said three questions are in need of answer, even if the information available is scant and vague.What happened? According to Bronk, an outsider likely gained access to the accounts of multiple users at the IMF. “The Times’ reporters believe the vector for the compromise was an incident of ‘spear phishing,’ in which IMF employees received targeted emails, possibly from sources they trust, carrying malicious software designed to clandestinely purloin data. In other words, someone poked a straw inside the IMF and began drawing its information. What information was purloined and to where it went are now matters for the fund and the FBI to figure out,” Bronk said.How did it happen? “A series of emails passed to Bloomberg News paint an interesting picture of an IT organization coping with a spear-phishing crisis,” Bronk said. “On June 1, IMF employees purportedly received a message stating, ‘Staff are strongly requested not to open emails and video links without authenticating the source.’ A week later, there was more bad news, as IMF’s IT division asked employees to turn in their RSA SecureID tokens, a device designed to provide an additional layer of security to information resources beyond username and password.” Who did it? “Due to the sophistication of the attack, fingers have generally pointed to nation-states or state-sponsored cybergroups,” Bronk said. “While likely, this is not the only possibility. Assuming the best hackers are those who don’t get caught, and the IMF or someone aiding the organization did figure out that exfiltration of data was occurring, the absolute top tier of state actors – the U.S., U.K., perhaps Israel, France and Germany – can probably be counted out. Next down the rungs are the usual suspects who do get caught – principally Russia and China. But perhaps bigger thinking should be conducted before we connect too many dots.”Bronk previously served as a career diplomat with the Department of State on assignments both overseas and in Washington. His last assignment was in the Office of eDiplomacy, the department’s internal think tank on information technology, knowledge management, computer security and interagency collaboration. He also has experience in political affairs, counternarcotics, immigration and U.S.-Mexico border issues. Since arriving at Rice, Bronk has studied a number of areas, including information security, technology for immigration management, broadband policy, Web 2.0 governance and the militarization of cyberspace. He teaches classes on the intersection of computing and politics in Rice’s George R. Brown School of Engineering.Bronk has provided commentary for a variety of news outlets, including ABC, NPR, the BBC and the Houston Chronicle.Bronk has a Ph.D. from the Maxwell School of Syracuse University and a bachelor’s degree from the University of Wisconsin, Madison. He also studied international relations at Oxford University.To schedule an interview with Bronk, contact David Ruth at druth@rice.edu or 713-348-6327.last_img read more

See More