Yahoo Sports compiles the three longest and most impressive home runs for the Atlanta Braves since 2015.
This is where job candidates get weeded out, so you want to be strategic ... especially when salary comes up.
(Bloomberg) -- The boss of a small Texas-based investment firm said he has closed the business and called in federal investigators after admitting to fraudulent actions that led to the loss of almost all the money under management.Chris Bentley, the founder and chief executive officer of Bellatorum Resources LLC, said in a telephone interview Thursday he’s working with the U.S. Federal Bureau of Investigation and Department of Justice.While Bellatorum is a relative minnow in the investment world, having raised $31 million for its most recently active funds, the nature and apparent candor of Bentley’s confession is startling. In a 1,361-word email dated April 9, he told investors their money is essentially gone, and that he is solely responsible for wrongdoings that include the doctoring of records and using investors’ capital to cover operational expenses.“I want to do everything in my power before I go to prison to try and help the investors recoup as much of their money as possible,” Bentley said in the interview. “No matter where I end up, I want to live a life I’m not ashamed of anymore.”Reuters earlier reported Bellatorum’s closing and some of Bentley’s admissions. Spokespeople at the FBI and DoJ didn’t immediately respond to requests for comment.Bellatorum targeted the acquisition of mineral rights in Texas shale basins. It started with a fund involving a single investor, after which four other funds were launched between 2017 and 2018. All five returned double-digit gains, Bentley said.However, while going out and trying to raise capital for 2019, he said he neglected the marketing side of the business, which was how deal flow was generated previously. That led to overpaying for assets and making deals that were less than arms-length, leading to deteriorating fund performance.To hide the business troubles from investors, Bentley said he hid information from stakeholders and in 2020 tried to raise $100 million through his eighth and final fund. He ended up only raising $2.7 million, of which most went on overheads, he said.“I no longer own a home or any personal assets. I had to lever or sell those and use that money to cover overhead as well,” Bentley wrote to investors in the April 9 email. “I sacrificed everything, family, friendships, and capital ... because I believed I could make everything right in the end.”(Corrects the spelling of Bellatorum in the third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Stocks reversed lower on President Biden's capital gains tax hike plan. Bitcoin, Intel, Snap and Skyworks moved late.
U.S. Senator Tim Scott, the only Black Republican in the chamber and a leading voice on police reform, will deliver his party's response to President Joe Biden's address to Congress next week, when Biden is expected to urge action on the issue. Scott, a rising star within his party, will give his response on Wednesday after Biden makes his first speech to Congress since becoming president on Jan. 20. The White House has said the Democratic president will talk about the importance of putting policing reform measures in place.
Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, announced plans to build over 400 homes in Conroe on two sets of recently acquired land. Called Granger Pines and Caney Mills, the two new planned communities will feature single-family homes from Century Communities' popular Liberty Collection, starting from the low $200s. Homebuyers will enjoy a versatile selection of contemporary single- and two-story floor plans, boasting stylish open-concept layouts and exceptional included features, such as the Century Home Connect smart home package. New homes at Granger Pines and Caney Mills are projected to start selling in fall 2021.
Ryan Blaney was one of few NASCAR drivers to speak up publicly after the verdict in Minnesota this week. He opened up about why and what’s ahead at Talladega.
A Minnesota woman who sat through the whole trial alongside the jurors has spoken out about the experience.
A bill combating hate crimes against Asian Americans cleared a major hurdle.
"To be honest, I was feeling claustrophobic during the pandemic," the star — who now goes by Timothy Howls — tells PEOPLE about why he started making music on his own
The building blocks are in place to enable the next phase of aerospace development to achieve much greater levels of sustainability in the aviation industry while lessening its carbon footprint.Parsippany, NJ, April 22, 2021 (GLOBE NEWSWIRE) -- The aviation industry, established during an era of abundant and largely inexpensive fossil fuels, is on a mission to decarbonize. Estimates of the environmental impact of aviation—specifically the industry’s annual contribution to global, human-made carbon emissions—typically run at just over 2%. While this is already a significant number, the actual effect air transport has on the environment is understood to be closer to double that, largely due to the impact emissions have at higher altitude. Public estimates may put the number even higher. The challenge regarding aviation sustainability issues and achieving sustainable practices is amplified by a backdrop of approximately 5% annual growth in air travel. While airliners became 70% more fuel-efficient during the last half of the 20th century, overall emissions rose significantly as air travel grew in popularity. Despite a temporary hiatus due to COVID, significant growth is expected to continue. In 2018, the International Air Transport Association (IATA) estimated that air transport numbers could double by 2038. Adopting green initiatives to lessen the environmental impact of aviation will take time and significant research and development. Change will be incremental and require commitment and investment from original equipment manufacturers (OEMs), visionaries and regulators. How is the industry reducing emissions today and what are the more carbon-neutral technologies and innovations that are starting to appear over the horizon? Reducing Emissions Within the Existing Infrastructure Incremental change is being made on many fronts to address aviation sustainability issues as various stakeholders seek to reduce their carbon footprint. OEMs are working to deliver more fuel-efficient airframes and engines to airlines which are, in turn, pushing to reduce cost and increase operational efficiency. These improvements are being achieved primarily by: aerodynamic design changes to aircraft and engines; use of lighter materials and innovative processes in the manufacture of both airframe and interior components; and the development and use of alternative fuels. While the primary motivation for change is the customer-focused, competitive marketplace, there have also been various initiatives adopted by governmental groups, such as the International Civil Aviation Organization’s (ICAO) 2017 standard for new aircraft. Reported to be the world’s first global design certification standard governing CO2 emissions in any industry sector, the measure was adopted by the U.S. Environmental Protection Agency (EPA) in 2020. Progress is also being made in the use of alternative fuel sources, such as biofuels. Derived from plants or waste matter, synthetic fuels made from biomass create approximately 60% less greenhouse gas emissions compared to traditional fuel sources. In 2008, Virgin Atlantic flew the first flight powered in part by biofuel. Since then, many major airlines, including British Airways and United Airlines, have begun using, or have committed to adopt, biofuels as part of their environmentally-conscious strategies. A natural, and perhaps obvious, part of this regeneration process is that older, noisy, fuel-intense aircraft are being retired. While it is becoming harder and significantly less economical to operate certain models, pressure from regulators, lobby groups and even financiers and insurers will only hasten the retirement of the most inefficient aircraft. On the ground too, change is evident. While electric trains connecting terminals have become commonplace, airport ground equipment, including aircraft tugs, is becoming increasingly electrically-powered, as well. Air and ground traffic management systems are also getting smarter by using tools like flexible navigation systems. Relying on both human and artificial intelligence, aircraft are spending shorter periods taxiing, being routed more effectively in the air, and spending less time waiting to line up to land. Not only does this lead to happier passengers, it also means less contingency fuel needing to be carried, thereby reducing weight and multiplying the ecological impact of effectively managed flight segments. Use of Small, Unmanned Aircraft Part of the significant strides the aerospace industry has taken over the last 10 years towards efficiency have centered on unmanned operations. Lightweight, battery-powered drones now perform a multitude of tasks that would have been traditionally flown by helicopters and other aircraft. Drones have not only saved energy in traditional aviation applications, they have also helped make construction sites more efficient, aided precision agriculture (meaning fewer harmful chemicals being used) and started to take vehicles off the road by delivering packages, to name but a few applications. The Future Future developments regarding sustainability in the aviation industry are going to be reliant upon three groups having the foresight and determination to drive change. Firstly, the existing aviation industry players who have taken on the task of revolutionizing existing practices. Major OEMs have made bold statements about their commitments toward a sustainable future. Most notably, representatives of seven of the world’s major aerospace OEMs made a rare, joint statement about the sustainability of aviation at the 2019 Paris Airshow. Separately, in January 2021, Boeing announced that its new commercial airplanes will be ready and certified to fly on 100% sustainable fuels by 2030, reducing emissions by up to 80%. Similarly, in September 2020, Airbus revealed three zero-emission concept aircraft that use hydrogen as the fuel source and are expected to enter service by 2035. The second group comprises the start-up manufacturers, infrastructure developers and software companies producing entirely new operating platforms. This group’s role is to challenge the status quo and includes the development of Advanced Air Mobility (AAM), networks of electric charging stations, pilotless aircraft and clean fuel, amongst other emerging technologies. The last group comprises the policymakers, regulators and governments. Their challenge is immense and not to be overlooked. Simply put, it is to set bold targets and create the framework for innovation and certification that allows those targets to be met. The whole aviation supply chain needs to be jointly accountable for achieving industry sustainability. OEMs investing in green fuels need to believe that the infrastructure, including at airports, will be able to support those initiatives. Additionally, subcontractors, service providers and even insurance providers need to be challenged as to how they are transforming their own businesses to achieve greater sustainability. Carbon Offsetting While the myriad initiatives and plans gather momentum, many companies are using carbon offsets to mitigate their impact on the planet. One method for the aviation industry is via the ICAO-backed Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). While still voluntary, the CORSIA scheme is aimed at stabilizing net CO2 emissions from international flights from 2021 onwards. While beneficial, carbon offsets are broadly seen only as short-term relief from a much larger predicament. In Conclusion While the challenge is significant, the building blocks are in place to enable the next phase of aerospace development to achieve much greater levels of sustainability in the aviation industry while lessening its carbon footprint. Increasing public concern about climate change, coupled with governmental support of green initiatives, should help innovation in this area to flourish. The mission has begun on many fronts! Even though some corporate and governmental target dates for a cleaner environment seem far away, positive change will become more evident every year. As it works with many entities at the leading edge of this transformation, Global Aerospace can attest to the advancements being made in numerous areas and is fully supportive of development initiatives throughout the industry. The aerospace industry has always been at the cutting edge of technology. It now has an opportunity to create solutions that will have an impact far beyond air travel. Transformation can be realized that will ensure the next era of development can continue aviation’s legacy of connecting the global community, but with a lower impact on the planet upon which it depends. Sources Climate change and flying: what share of global CO2 emissions come from aviation? - Our World in Data Facts and Figures (icao.int) Commercial Aviation Global Growth Analysis | 2020-2038 | Grupo One Air IATA - IATA Forecast Predicts 8.2 billion Air Travelers in 2037 Aviation industry reducing its environmental footprint : Aviation: Benefits Beyond Borders Environmental impact of aviation - Wikipedia Is low-carbon aviation possible? | Environment| All topics from climate change to conservation | DW | 26.09.2016 ICAO Council adopts new CO2 emissions standard for aircraft EPA Proposes First Greenhouse Gas Emissions Standards for Aircraft | U.S. EPA News Releases | US EPA The Top 6 Technologies for Improving Aircraft Fuel Efficiency - PreScouter - Custom Intelligence from a Global Network of Experts Aviation biofuel - Wikipedia British Airways plans to use bio-fuel on its transatlantic flights in 2022 - Airlinerwatch These 7 simple airplane fixes could cut carbon emissions in half at little to no cost | PBS NewsHour United Expands Commitment to Powering Flights with Biofuel - United Hub Pushback Tugs 2.0 – Electric Aircraft Tug "Spacer" by Mototok Artificial Intelligence in the Air Traffic Control Tower - Nanalyze Aviation Benefits from Satellite Navigation (stanford.edu) Airbus Reveals New Zero-Emission Concept Aircraft | Aviation Pros Boeing: Environmental Innovation, Conservation & Leadership About Global Aerospace Global Aerospace is a leading provider of aircraft insurance and risk management solutions for the aviation and aerospace industries. Our over 95 years of aviation insurance experience enable us to develop customized insurance programs structured around the needs of our clients. Recognized for our industry leading customer service, we serve as a trusted partner to a diverse range of aviation businesses and their insurance producers. https://www.global-aero.com/ Global Aerospace Media Contact Suzanne Keneally Vice President, Group Head of Communications +1 973-490-8588
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 887 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of December 31st, 2020. […]
In this article you are going to find out whether hedge funds think ResMed Inc. (NYSE:RMD) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
Kocher, who has represented the U.S. internationally at the Nations Cup, was also disqualified from eight events between June 2018 and November 2019, fined 10,000 Swiss Francs ($11,000) and ordered to pay costs. An FEI investigation was opened into Kocher after a whistleblower alleged he used an electric shock device at several competitions. FEI regulations state that subjecting a horse to any kind of electric shock is considered as horse abuse.
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock […]
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
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