first_imgNEW YORK – A deluge of banks earnings on Tuesday took the pulse of the industry at a time growing mortgage and credit woes were forcing banks to charge off more loans or raise reserves against future defaults. Rising core deposits and loans boosted first-quarter income at Wells Fargo & Co. 11 percent, despite growing problems in its subprime mortgage portfolio. Washington Mutual Inc. reported a 20 percent drop in earnings and the second consecutive quarterly loss in its housing division on subprime mortgage write-downs. The earnings still beat analysts’ estimates, however. Wells Fargo, the nation’s fifth largest bank, said that deterioration in subprime mortgages forced it to slash revenues by some $90 million as it wrote down those loans and set aside money for defaults. Subprime mortgages are loans to borrowers with blemished credit or low credit scores. Wells Fargo posted first-quarter profit of $2.24 billion, or 66 cents per share, up from $2.02 billion, or 60 cents per share, a year earlier. Revenue at the San Francisco-headquartered bank was $9.44 billion in the quarter, up more than 10 percent from $8.56 billion a year earlier. Borrowers’ problems showed up in the bank’s report that credit losses totaled $715 million in the first quarter, up from $533 million a year earlier. Washington Mutual Inc., the nation’s largest thrift, said its net income was $784 million, or 86 cents a share, in the first quarter, down from $985 million, or 98 cents per share, a year earlier. Revenue in the January-March period, including net interest income and noninterest income, was $3.62 billion. Kerry Killinger, Washington Mutual’s chairman and chief executive, the home loan market – particularly the subprime segment for consumers with high-risk credit histories – remained a serious challenge. The Seattle-based institution said its home loan group lost $113 million in the first quarter, slightly less than the $122 million loss registered in the fourth quarter, mainly on write-downs of subprime mortgage loans. It also said that subprime mortgage production was 51 percent lower in the first quarter than a year ago. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

first_img Among the nominations in 21 television and radio categories are: Dramatic series: “Deadwood,” HBO; “Grey’s Anatomy,” ABC; “Lost,” ABC; “Six Feet Under,” HBO; “The West Wing,” NBC. Comedy series: “Arrested Development,” Fox; “Curb Your Enthusiasm,” HBO; “Entourage,” HBO; “My Name Is Earl,” NBC; “The Office,” NBC. New series: “Everybody Hates Chris,” UPN; “Grey’s Anatomy,” ABC; “My Name Is Earl,” NBC; “The Office,” NBC; “Rome,” HBO. Episodic drama: “Autopsy,” “House,” Fox; “A Good Day,” “The West Wing,” NBC; “Grave Danger,” “CSI: Crime Scene Investigation,” CBS; “Normal is the Watchword,” “Veronica Mars,” UPN; “Rhea Reynolds,” “Nip/Tuck,” FX; “Singing for Our Lives,” “Six Feet Under,” HBO. Episodic comedy: “Diversity Day,” “The Office,” NBC; “Exile on Main Street” pilot, “Kitchen Confidential,” Fox; “Motivational Speaker,” “Malcolm in the Middle,” Fox; “Next,” “Desperate Housewives,” ABC; “My Name is Earl” pilot, “My Name is Earl,” NBC; “You Can’t Miss the Bear” pilot, “Weeds,” Showtime. Long form, original: “Dirt,” Showtime; “The Librarian: Quest for the Spear,” TNT; “The Reading Room,” Hallmark; “Warm Springs,” HBO. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORERose Parade grand marshal Rita Moreno talks New Year’s Day outfit and ‘West Side Story’ remake The 11-person writing team of NBC’s “The Office,” based on the BBC hit lampooning the 9-to-5 world, was nominated in the comedy series and new series categories. The 13-person writing team of “My Name is Earl,” which chronicles the title character’s attempts to redeem himself, also was nominated in the comedy series and new series categories. In addition, the show received a nomination for a single writer for its pilot. In the comedy series category, HBO’s “Curb Your Enthusiasm” earned a nomination for its single writer, Larry David, who also stars in the comedy. Nominations also were announced for single episodes in the drama, comedy, animation and long-form categories. Fox’s long-running animation show “The Simpsons” swept its category with six nominations. The writing teams for the new ABC medical show “Grey’s Anatomy” and the NBC comedies “My Name Is Earl” and “The Office” scored double nominations this week from the Writers Guild of America. Guild awards for 2005 will be presented Feb. 4 in ceremonies held in Los Angeles and New York. The categories for overall excellence in the writing of episodic series are a first-time addition to the awards program. The awards for dramatic series, comedy series and new series will be presented to all writers of each winning team. The 12-person writing team of “Grey’s Anatomy,” which centers on surgical intern Meredith Grey, was nominated in the dramatic series and new series categories. last_img read more

first_imgAn agency which helps Unique Identification Authority of India enroll citizens for Aadhaar has shared the personal details of ace cricket M S Dhoni on social media.Union Law and Information and Technology Minister Ravi Shankar Prasad, who was informed about the breach by Dhoni’s wife Sakshi on Twitter, was prompt to promise action.The agency’s Common Services Center (CSC) has posted a tweet yesterday through its handle @CSCegov saying “Ace cricketer Mahendra Singh Dhoni and his family get their Aadhaar updated at VLE Mariya Farooqui’s CSE at Ranchi, Jharkhand“.Prasad was tagged in the tweet. It included a photograph of the cricketer with a CSC representative and another of his personal details on what appeared to be the Aadhaar website.The tweet with the details was later deleted.“Is there any privacy left? Information of Aadhaar card, including application, is made public property,” Sakshi tweeted. Prasad, while thanking Sakshi for brining up the issue to his notice, said, “sharing personal information is illegal. Serious action will be taken against this”. bl23_tvvin_Poll+BL26_21_AADHAR.jpg.jpg × COMMENT Published on bl23_tvvin_Poll+BL26_21_AADHAR.jpg.jpg SHARE SHARE EMAIL COMMENTS cricket SHARE March 29, 2017last_img read more

first_imgMumbai, Dec 11 (PTI) Sunil Gavaskar was today conferred with the Golden Jubilee Lifetime Achievement Award by the Sports Journalists Association of Mumbai (SJAM) here. The award was presented by former India captain Ajit Wadekar and former India player Madhav Apte at the Cricket Club of India here. Gavaskar was presented with a citatation and a certificate which has details of all his 34 centuries. Gavaskar narrated incidents how West Indies great Gary Sobers touched him for luck. “My first innings in Test cricket, Gary Sobers dropped a simple catch, when I was barely on 12. The second Test, which was my second Test, again he dropped me very early and then I went on to get hundred. “In those days, the dressing rooms were not far away from each other and at the end of the days play both the teams would come together, have a beer, and Lance Gibbs and Gary Sobers started teasing me. Lance started asking me what do you eat for breakfast,” because Gary had dropped me. “The leg-pulling went on to an extend, till Gary Sobers said “From tomorrow onwards, I am going to touch you for luck,” Gavaskar fondly recalled. Gavaskar said a similar thing happened in the next Test. “Come next Test and Gary would come in, it was West Indies turn to bat, he touched me for luck and this was in Barbados, he smashed a 178. We come to the last Test, which was a 6-day Test. So, he comes and touches me for luck and he has got another 100?130. Ajit (Wadekar) was getting very upset about it and he is saying what are you doing, when he comes. Where can I hid,” he chuckled. “On the final day, he is coming, you go and hide. No, Ajit has forcibliy taken me and taken to a toilet,” he said. Gavaskar recalled when Sobers was gone, Ajit said he does not want to take a chance. He said that in that innings Abid Ali got Gary out for a duck and said when he got back to the dressing room, Ajit Wadekar is the first one to say I didnt allow him (to touch). Wadekar, Apte, his son Rohan Gavaskar, close friend and former Mumbai captain Milind Rege narrated their experiences about the legend. Indian coach Anil Kumble was present at the event. PTI NRB KHS KHSadvertisementlast_img read more

first_imgAPTN National NewsAfter years of political turmoil and a criminal trial the chief and several members of Poundmaker Cree Nation in Saskatchewan have received their punishment for stealing money.But they won’t be going to jail.Recently re-elected Chief Duane Antoine was sentenced to 20 months probation, community service and ordered to pay $2,500.Coun. Colin Favel was ordered to repay more than $12,000.Both Favel and Antoine admitted to stealing treaty money from the band.They weren’t alone.last_img

Gauging the value of center Tyson Chandler has never been the easiest basketball exercise.The 17-year veteran has made his name in the NBA as a stellar rim protector, earning the Defensive Player of the Year award in 2011-12. But looking solely at his work on the defensive side of the ball would be selling him a bit short, given how well he has served as a lob specialist and a vertical floor-spacer in pick-and-roll situations.And then, of course, there’s the fact that Chandler — the newest member of the Lakers after a buyout from the Phoenix Suns — is perhaps the best player in NBA history at securing rebounds … without actually securing them.The cerebral 36-year-old has long excelled at what should be known as Tyson Tapbacks: volleyball-like plays in which he swats his club’s misfires toward half-court, where his teammates are more likely to come up with the ball. FiveThirtyEight reviewed every offensive rebound Chandler has obtained since the start of the 2013-14 season1Regular season only. and found that he has generated at least 140 tapbacks in that span. In other words, about 15 percent of his offensive boards during the past five-plus years have stemmed from this play.Video Playerhttps://fivethirtyeight.com/wp-content/uploads/2018/11/TysonTapbacks.mp400:0000:0003:30Use Up/Down Arrow keys to increase or decrease volume.The natural question, of course, is how someone would become so good at such a counterintuitive skill, given that players would obviously prefer to grab misses with both hands. Chandler has suggested that he stumbled onto the strategy.“Once I started getting double-teamed and boxed out, I realized, ‘OK, I can’t get to my full jump — I’ll be getting over-the-back calls all the time,’” the 7-foot-1 Chandler wrote in The Players’ Tribune a few years back. “So I started jumping like I do on a jump ball and batting it with one hand to my teammates. Now it’s funny because I see other big men do it.” In the same piece, Chandler also mentioned that rebounding that way likely cost him from a statistical standpoint for some years, as scorekeeping officials probably weren’t initially crediting him with boards for his backtaps.2With this in mind, FiveThirtyEight’s analysis covers only plays in which Chandler was credited with having snagged an offensive rebound.Chandler, who’s used this method for the better part of a decade, isn’t alone with his unusual, hard-to-track rebounding style. The move is a distant cousin of a strategy employed by Hall of Famer and NBA rebounding legend Dennis Rodman, who would often tip rebounds to himself while in traffic until he could secure the ball. Retired Pistons star Ben Wallace, also one of the best rebounders of all time, used the strategy every so often, too. And players like Brook and Robin Lopez have collected defensive accolades in recent years despite grabbing relatively few boards because they box out so well — an unselfish approach that boosts their teammates’ rebounding stats.Chandler certainly doesn’t lack ability as a traditional offensive rebounder. He’s still elite at generating offense from teammates’ misses — his career offensive rebound percentage ranks third among active players — and he has finished in the NBA’s top 10 in putback frequency3Tracking the share of a player’s offense that stems from a shot attempt immediately after securing an offensive rebound. Minimum of 75 putback possessions required. each of the past three seasons, according to Synergy Sports.It’s worth noting that not all of Chandler’s tapback efforts will be successful. (Laker fans, of course, have fond memories of the sport’s most infamous tapback, when Vlade Divac tipped the ball out to Robert Horry, who hit a game-winning three in the Western Conference finals.) Every now and then, he may toss one out of bounds by mistake, or throw one into the hands of a defensive player who happens to be in better position than one of Chandler’s teammates.But there are indications that Chandler’s tapback rebounds may carry a bit more weight than a typical offensive rebound.Chandler has already displayed clutch timing with his signature play — he’s come up with huge tapbacks already for the Lakers in the last four minutes of games against Miami, Atlanta and Minnesota. But the play also often creates high-value shots for teammates because of how flustered it leaves opponents, who have already crashed the defensive glass and aren’t in ideal position to run out and contest perimeter shooters.Video Playerhttps://fivethirtyeight.com/wp-content/uploads/2018/11/TapbacksIntoBuckets.mp400:0000:0003:11Use Up/Down Arrow keys to increase or decrease volume.An analysis of Big Data Ball play-by-play logs shows that the offensively challenged Suns launched shot attempts a tenth of a second quicker than league average — and shot 3 points of effective field goal percentage better than usual4Going from a 43.4 percent effective field goal rate to a 46.5 percent effective field goal rate. — following a nonputback offensive rebound while Chandler was on the court5So excluding attempts that were within 2 feet of the basket or within 2 seconds of the offensive board. last season. The improved efficiency may have been at least partly due to the extra space shooters enjoyed from Chandler’s occasional tapbacks.And while the one-time All-Star has already proven his worth to the Lakers, who have gone 5-1 since signing Chandler, there are reasons to think that they could benefit from more of the Tyson Tapback. Entering Tuesday night, the club ranked ninth in jump-shooting6Meaning shots ranging from 10 to 35 feet. efficiency when the closest defender was at least 4 feet away. By contrast, the Lakers rank 21st when defenders are any closer than that, according to Second Spectrum. So it might be best for Los Angeles to get more open looks from outside.With time, the Lakers could even benefit from better understanding Chandler’s tapback patterns. In December 2012, Chandler told his teammates on the Knicks during a late-game timeout against the Nets to be prepared for him to tap the ball toward the perimeter on a miss.“I told the guys before we went out there I was getting grabbed and held down. I said, ‘I can’t come up with the rebound, so be ready. Don’t run away so quick because I’m probably going to get my hands on it and tap it out. So be ready to retrieve it,’” he said. Then, like clockwork, Chandler tapped out a rebound to get the Knicks an extra possession, and Jason Kidd — who had won the 2011 title in Dallas with Chandler — hit a game-winning triple on the next sequence.So while Chandler’s 3 points per game might make it easy to overlook his impact on that side of the ball, keep in mind that his value — even on the offensive end — generally goes far beyond that.Neil Paine contributed to this article.Check out our latest NBA predictions. read more

first_img April 19, 2018 KUSI Newsroom Calvary Christian Orchestra performs St. Paul’s Senior Living Center KUSI Newsroom, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsA short time ago, in a place not too far away, the Calvary Christian Academy Orchestra put on a show for Saint Paul’s Senior Living Center in Chula Vista.They played various songs, however, there was a surprising ending for the audience.But it was more than just a homage to “Star Wars,” it was a tribute to the late brother of one of the orchestra members who left this lasting impact on the group. Posted: April 19, 2018 Categories: Local San Diego News FacebookTwitterlast_img read more