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LEGAZPI CITY — Four suspected drug personalities were arrested in separate buy-bust operations in Camarines Sur and Camarines Norte provinces on Thursday morning, August 18. Police Major Maria Luisa Calubaquib, Bicol police spokesperson, said in Labo town in Camarines Norte, Rowell Data, 26, was arrested in Barangay (village) Dalas at around 2 a.m. Seized from him were eight sachets or 2.2 grams of shabu (crystal meth) worth P15,000. In Daet town, also in Camarines Norte, Michael Paderon, 38, was arrested with six grams of shabu worth P35,000 in Barangay 3 at around 5:45 a.m. Calubaquib said Paderon was identified as a member of Guttierez Drug Group, operating in the province. In Barangay Matnog in Basud town, Rizalito Pedraja, 37, was also arrested in a separate operation at around 6:25 a.m. Four sachets of shabu worth P4,000 were confiscated from Pedraja. In Lagonoy town in Camarines Sur, Aldrin Frondozo, 27, was arrested in Barangay San Rafael at around 3:40 … [Read more...] about 4 drug suspects nabbed in separate buy-bust operations in Bicol

- A + A (Aug 18): Embracer Group AB, one of Europe’s biggest gaming firms, ramped up its acquisition pace after striking deals for six companies including the intellectual property rights for “The Lord of the Rings” Trilogy and “The Hobbit.” “Gaming is the best way to monetize IPs in the long term but not necessarily the most efficient way to create new IPs,” Embracer’s chief executive, Lars Wingefors, said in an interview following the group’s second-quarter report. The CEO says the acquisition of Middle-earth Enterprises “enables many companies within the group to work on IPs we control over the long term” and it will now join Embracer’s existing catalogue of more than 800 owned and controlled IPs. Gaming companies such as Embracer are increasingly focused on IP as a way to generate sales from the mass appeal of characters and stories that have already drawn big audiences. Embracer’s IP of JRR Tolkien’s famed trilogy also contains the film rights, giving them a … [Read more...] about Embracer CEO eyes IP boost after buying ‘Lord of the Rings’

Share to Twitter Share to Linkedin Actors Rob McElhenney ( Always Sunny in Philadelphi a) and Ryan Reynolds ( Deadpool ) knew they were in over their heads when they purchased the Welsh soccer club Wrexham A.F.C. in early 2021, especially since they hadn’t even met in person before becoming co-owners of the fifth tier Red Dragons, but their hearts were in the right place. With little to no Wrexham or general soccer knowledge, the duo’s desire to help the third oldest pro soccer team in the world get promoted to a better league trumped their lack of knowledge with the sport, city, and team. McElhenney and Reynolds’ journey with the North Wales football organization and working-class diehard fans, as well as their first in-person meeting, is chronicled in the compelling and heartfelt docuseries Welcome to Wrexham , premiering with two episodes on Wednesday , August 24 on FX at 10 p.m. ET, streaming the next day on Hulu. Subsequent episodes will roll … [Read more...] about What Rob McElhenney And Ryan Reynolds Learned After Buying A Soccer Team

You can have a pension and still contribute to a 401(k)—and an IRA—to take charge of your retirement. If you have a defined benefit pension plan at work, you have nothing to worry about, right? Maybe not. While pensions used to be a staple ingredient in the recipe of retirement planning, fewer companies today offer them. What's more, the benefits aren't as reliable as they used to be . Now is a good time to start thinking about where your pension fits into your overall plan for retirement. It’s dangerous to rely on any pension—even a generous one—to cover all your retirement needs. Key Takeaways A pension provides a fixed monthly benefit upon retirement for the rest of your life. 401(k)s and IRAs provide income in retirement, too. But the amount depends on how much you contribute and how well your investments perform. A good retirement strategy is to contribute to a variety of retirement investments, including 401(k)s and IRAs—even if you already have a pension. … [Read more...] about Can You Have a Pension and a 401(k)?

The January effect was in full effect for the first month of 2019. After a punishing December, stocks rebounded in the first few weeks of January as signs of progress in the U.S.-China trade war appeared, the Federal Reserve adopted a more dovish tone on interest rates, and earnings season revealed that some companies and sectors have more-positive outlooks than expected. It was a month to remember: The S&P 500, up 7.8%, had its best January performance since 1987, and its biggest monthly gain since October 2015. The DJIA rose 7.17% in January, its largest one-month rise since 2015 and biggest January gain in 30 years. Crude oil prices had their best month on record, surging more than 19% after three straight months of losses. Output cuts and the chaos in Venezuela, had a lot to do with that performance. The U.S. added 304,000 jobs in January, blowing out expectations despite the shutdown. While stocks have rebounded, notably for U.S. companies and indexes, risks … [Read more...] about What to Expect for the Markets in February

Make that four weeks in a row of gains for the U.S. stock market, as the rally has become undeniable. The S&P 500 and the Nasdaq both climbed more than 3% last week, with the the Dow up 2.9%. The S&P 500 has now climbed 15% from its lows in mid-June, while the Nasdaq has clawed back 20% since then. That could technically be described as a new bull market for the index. A 20% retracement from a recent low fits the bill—or the bull—but there are a lot of opinions about that. But we can't deny the strength of the rally, especially when we dig into the charts. The average stock in the Nasdaq Composite index is up 34% from its lows. Remember, just a few months ago, we were talking about the average Nasdaq stock being down 50% from its highs. The pendulum has swung back in a big way. Across the market, the breadth thrust has been pretty impressive. And no, that's not a swimming stroke. The breath trust indicator is a technical indicator used to ascertain market momentum … [Read more...] about Going Back to School with Stock Market Fundamentals

- A + A TORONTO/NEW YORK (Aug 18): Five months after disclosing a stake in Bed Bath & Beyond Inc, activist shareholder Ryan Cohen wants out, sparking a sell-off in the shares of the home goods retailer. The Union, New Jersey-based company slumped as much as 29% to US$16.34 (RM73.10) on Thursday, in its biggest one-day drop since last September, after Cohen's RC Ventures said in a filing with the US Securities and Exchange Commission that it might sell as many as 7.78 million shares of Bed Bath & Beyond, along with some call options. Bed Bath & Beyond shares have been on a tumultuous ride this year with its stock soaring by the most on record when, in March, RC Ventures first disclosed a 9.8% stake in the retailer and asked it to consider a sale of the company. Since then, Cohen reached an agreement on the addition of three independent directors to the retailer's board and pushed for the exit of chief executive officer Mark Tritton. The company … [Read more...] about Activist shareholder’s plan to sell Bed Bath & Beyond stake fuels rout

(Photo by Zahid Izzani/The Edge) - A + A Rafizi Ramli (The Edge filepix) KUALA LUMPUR (Aug 18): A total of RM192 million from the littoral combat ships (LCS) project had been transferred to several offshore accounts and can no longer be traced, PKR deputy president Rafizi Ramli has claimed. An internal investigation by Boustead Heavy Industries Corporation Bhd (BHIC) on the LCS project had alleged that RM192 million was siphoned off. Referring to an internal probe by BHIC on the LCS project, Rafizi said Malta-based Alizes Marine Ltd was among offshore companies that received numerous payments for non-existent delivery services. The company was also named in the Panama Papers/Paradise Papers, which disclose how offshore companies hide money from illegal activities around the world. "After reviewing the invoices of certain suppliers, the investigation team found a total of RM23.37 million in fake payments. The invoices were sent to a subcontractor of the … [Read more...] about Rafizi: Offshore firm siphoned RM192 mil from LCS project, modus operandi same like 1MDB

(CNN) Demi Lovato has released her latest single, "29," and it's speculated the song is about the age difference she had with her former boyfriend , Wilmer Valderrama. The actor was 29 when he began dating Lovato, who was 17 at the time. Lovato explained the lyrics in an Apple Music interview, saying "the song says it all." "When I turned 29, I remember I was on vacation and I just realized I'm 29 now, and it put things into perspective. It put everything into perspective," Lovato said. "And I'm very careful with the way that I answer these questions because I feel like the song says it all. I don't have to say too much, to be honest, but turning 29 was a huge eye opener for me. And then, going into treatment and having realizations led to my transformation, my release of the emotion that was put into this song." The lyrics include: "Finally twenty-nine / Funny, just like you were at the time / Thought it was a teenage dream just a fantasy / … [Read more...] about Demi Lovato debuts new song ’29’

FULL-FLEDGED ADMINISTRATOR: Benny Antiporda, formerly the officer-in-charge, is elected as the National Irrigation Administration’s (NIA) new administrator during the 984th NIA regular board meeting on Thursday, August 18, 2022. (Photo from National Irrigation Administration/Facebook) MANILA, Philippines – The National Irrigation Administration (NIA) welcomed its new full-fledged chief, Benny Antiporda, after the Board of Directors elected him on Thursday. Antiporda, formerly an undersecretary of the Department of Environment and Natural Resources (DENR), was earlier appointed by President Ferdinand Marcos Jr. to head the NIA in an acting capacity. Before his new appointment, former President Rodrigo Duterte had also given Antiporda a seat as a NIA senior deputy administrator. READ: Duterte appoints DENR exec Antiporda as NIA senior deputy administrator The NIA, in a statement, said Antiporda aims to “to double up the completed irrigation projects of the agency that can … [Read more...] about NIA welcomes former DENR exec as its full-fledged administrator