Harris quits to go solo

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Syracuse scores 20 points off 20 turnovers in 76-53 win against Boston College

first_img Published on January 14, 2017 at 8:11 pm Contact Matt: [email protected] | @matt_schneidman “We were trapping in the corner like we’re supposed to do and it allowed us to get in the passing lanes,” Gillon said, “We all were just clicking.”AdvertisementThis is placeholder textTwenty turnovers tied the most for a Syracuse opponent in a game this season, matching only Eastern Michigan for most giveaways against the Orange. The Orange also recorded the third-most steals in a game this season with 11, after a four-game stretch in which Syracuse never surpassed eight steals in a game.The Orange did a noticeably better job of defending the corners Saturday, and it led to easy takeaways, like when Tyus Battle cut off a bounce pass to AJ Turner in the corner to jumpstart the offense the other way. Other times, it was easier to earn the ball back, like when Turner corralled a rebound and simply came down on the end line before slamming his palms on the court in frustration.All areas of the zone were more active the second time around against the Eagles, and the Orange reaped the benefits. Even more beneficial for the hosts was their ability to finish in transition, something that hasn’t always been a strong suit. Battle, Thompson and Gillon all finished at the rim on the break, and it helped Syracuse make sure that a win was never in doubt 13 days after it was almost the opposite.“It was strictly just the defensive effort,” Boeheim said. “When we play defense like that, in (games against) Miami and Pittsburgh, we did it a little bit on the road, we had some good defensive efforts against Connecticut and South Carolina for a lot of the game…I think our defense is getting a little better.”The problem for Syracuse has been that sometimes its defense plays at a superb level, a la Saturday, and sometimes it vanishes into thin air. The two-game stretch earlier this month against the Hurricanes and Panthers is the only time SU has strung together formidable defensive outings for a full 40 minutes each time against respectable opponents.“We definitely picked up our intensity on defense,” Battle said. “… So if we play like this every night we’re gonna be tough to handle.”It’ll have the chance to do so against one of the best offensive teams in the country on Monday, when the Orange ventures down to North Carolina to face a team that just slapped 96 points on Florida State, a team that was then still undefeated in league play and coming off a comfortable win against Duke.This next stint will be the toughest test for Syracuse’s Jekyll-and-Hyde defense, with a chance to officially re-introduce itself as one of college basketball’s best or fall back into the abyss it has already lingered in this season. Comments Facebook Twitter Google+center_img Finally, Taurean Thompson showed signs of life on the defensive end, opening the game by intercepting a pass intended for the paint, handing it off to John Gillon and running the floor before laying in a bounce pass from Gillon at the other end.Earlier this year head coach Jim Boeheim once said Syracuse “wouldn’t lead the local high school league in steals,” but the Orange has flipped that early season notion on its head with showings like Saturday’s.By halftime, SU had already forced 15 turnovers and turned them into 14 points, bigger than Syracuse’s plus margin of 13 after the first 20 minutes. By game’s end, the Orange had only turned the ball over six times to Boston College’s 20 in SU’s (11-7, 3-2 Atlantic Coast) 76-53 win over the Eagles (9-9, 2-3) in the Carrier Dome, with 20 points off turnovers to show for it.MORE COVERAGETyus Battle scores career-high 21 points in Syracuse’s 76-53 win over Boston CollegeSyracuse holds Boston College’s Ky Bowman to 3 points in 76-53 winWhat we learned from Syracuse’s 76-53 win over Boston CollegeThe Final Word: Beat writers discuss Syracuse’s 76-53 victory last_img read more

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Bombers dump Wolves en route to third-place finish at Grand Forks tourney

first_imgLVR jumped out to a 17-4 first quarter lead and never looked back.Mansveld and Roch each added six points for LVR.Sara Elliott scored six points for the Rockers.The joy was short lived as Rossland pounded LVR 53-31 in action Thursday at the LVR Hangar.Samantha Fleming had 12 points while Jessica Semenoff added 11 to lead the Royals.Parker had 12 points for the Bombers.Rough road trip to Okanagan for LVRLVR finished tenth at the tough Immaculata Invitational Senior Girl’s Basketball Tournament held recently in Kelowna.The Bombers lost a close 51-43 decision to St. John’s Eagles.LVR then dropped games to Kelowa Owls 46-23 and Richmond’s McNeil 64-34.Player-of-the-game awards for the tournament went to Mirva, Watt and Roch. Seniors Devyn Parker and Jayden Roch led by example to spark the L.V. Rogers Bombers to a third-place finish at the Grand Forks Invitational Senior Girl’s Basketball Tournament Saturday in the Boundary City.The Bombers finished off the eight-team tourney with a 58-28 win over host Grand Forks  Wolves in the third-place contest.Player-of-the-game for LVR, Kyley Mirva led the Bombers with 12 points in the win over the Wolves.Roch was a offensive machine for the Bombers, totalling 32 points in two games while Parker dominated the paint, leading the scoring in the tournament with 50 points.LVR opened the tourney with a 62-46 win over Lumby. Marley Watt, LVR’s player-of-the-game, paced the offence with a double-double — 12 points and 10 rebounds.Unfortunately, Watt turned an ankle and was not available for the semi final action against Rossland Royals as the Bombers lost 71-29.Defensive phenom Paige Mansveld was LVR’s player-of-the-game.Bombers split mid-week actionNew recruit Danica Dahlin scored 15 points and Parker added 10 sparking the Bombers to a convincing 50-14 win over Stanley Humphries Rockers in West Kootenay AA Girl’s Basketball action Tuesday in Castlegar.last_img read more

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A winter walk in the woods

first_imgShare Facebook Twitter Google + LinkedIn Pinterest To many from the rural way of life, time spent in the woods is often for clearing brush, fixing fence, or cutting firewood. There is often too little time for simply taking a walk through the woods.That is until you come across a birder. Blake Mathys, assistant professor of environmental sciences at the Ohio Dominican University, recently hosted an Owl Walk at his country home in western Ohio to help to introduce others, including his students, to the unique pastime of birding. Through word of mouth alone, the annual event has grown from just a few to almost 80 this year wanting to catch a glimpse of the unique nocturnal creatures in the fields and forests of the farm.“There’s always something new and different. The fact that they have wings means that you never really know what might show up,” Mathys said. “The rarities and unusual things are something that can be a nice surprise every now and then.”Those involved in the walk gathered near dusk to have supper and enjoy fellowship around a campfire until the dark of night had officially settled in. After a few rules, guidelines, and tips from Mathys, the group began to circle their family property with spotlights shining in every direction with hopes ofBlake Mathys, assistant professor of environmental sciences at the Ohio Dominican University, leads birding groups in search of wildlife in the winter woods.spotting an owl or other creature.With Blake and other more experienced birders heading up the pack, it wasn’t long until the first owl of the night was sighted — an eastern screech owl. The awe and excitement of the large crowd upon seeing the bird clearly showed the pleasure that can be gained from birding.“I think birds are a really good hobby because you can find birds everywhere. They’re pretty much worldwide,” he said. “They’re variable with different birds around at different times of the year because of migration and the breeding season and wintering of the species.”Mathys has his undergrad in biology from Ohio Northern University and his Ph.D. from Rutgers. While at ONU, he became interested in birds and had several related jobs, including work on an endangered species in the Everglades National Park, migrating hawks in Washington, and elephant seal research on an island off of California.He said that owls especially have a certain appeal to people due to their look and the relative mystery that surrounds them.“People like them because they have sort of a wise look to them and big forward facing eyes,” Mathys said. “Being nocturnal and secretive, we sort of know in the back of our mind they’re around, but unless you really go and look for them, you don’t really run into them very often. And so they have that mystique of being a little bit unknown or a little bit difficult to interact with unless you really make an effort.”The Ohio Department of Natural Resources says the Buckeye state boasts an impressive 12 species of owls. This is more than any other bordering state with the exception of Michigan, which has also recorded 12.The Owl Walk, though, is not a game of certainty. Birders rely heavily on their knowledge of the environment, animal calls, and other factors to improve their chances of seeing the birds. But, as with anything wild, a heavy part of the hobby relies upon chance.One owl was seen that night. Walkers were also given the treat of seeing what looked to be two red-shouldered hawks, in their youth, asleep in the trees. Throw in some deer and raccoons in just a short few hours of time, and many of the attendees were convinced of the worth a nighttime walk in the woods has to offer.The stroll showed that anybody armed with a flashlight can become a viewer of the lesser-seen side of wildlife, some of which Mathys says are quite curious.“One of the species that most people don’t really know that’s out there is the flying squirrel. Flying squirrels are in some places the most common squirrel, but because they are also nocturnal like owls, we don’t see them very often and don’t realize they’re there,” he said.The question then arises of how does one get more into viewing nature without putting too much of a footprint on the environment. The habits of nocturnal creatures can be easily disturbed, but Mathys gives a few tips on where to get started.“The key to having good interactions with wildlife is that the more time you spend outdoors, the more likely you are to find something interesting or new and see something different,” he said. “The tip as far as not disturbing things is to do everything in moderation. If you were, for instance, to play songs to have owls come in, to not do that over and over and over again. Do not do that sort of thing in areas where lots of people do it all the time. Think about how this might affect the wildlife. If you see you’re having a negative effect, stop and back away and let the animals go back to their normal lives.”Mathys explained that, though he does play songs to help call in owls during the walk each year, that is the only time he does such a thing on his property. The rest of the time, he simply walks the woods and fields with a sharp eye.When asked about the effect modern agriculture is having on native wildlife, he said there are positives and negatives.“Like anything that humans do to modify the environment, some of it’s going to be positive for some species and negative for others. One of the things that we see with larger scale agriculture is that we tend to reduce the diversity of the habitat and so we end up with lots of large fields of corn and soybeans, which in many cases are just empty fields in the winter, which don’t provide a lot of habitat for wildlife,” Mathys said. “An unfortunate trend we’ve seen, especially in the last 30 or 40 years, is the removal of fence rows, which have provided a lot of wildlife habitat. With those gone, unfortunately it’s kind of left a lot of big fields without a lot of good places for wildlife. On the other hand, there are a few species that benefit so it’s not necessarily all bad for all species.”For those that have spent their fair share of time outdoors and are ready to take the next step for wildlife observation, Mathys said getting involved in an area birding society is a good way to go.“The local Audubon chapters or bird clubs are really useful because anybody from the public is free to come on,” he said. “They’ll be people there that are knowledgeable and able to provide some guidance and help to identify the organisms. All those chapters and various bird clubs will have talks given by various people in the community — scientists or other interested people — who provide background information and part knowledge on those subjects.”last_img read more

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Hacking Into Your Account is as Easy as 123456

first_imgTop Reasons to Go With Managed WordPress Hosting Related Posts The big Hollywood pictures always make breaking into computers look like a fabulously hip and complicated process. It involves excitement and ingenuity and often times, because it’s just so difficult and exciting, a bit of sweat on the brow. But in reality, it’s as easy as “123456”. And if that doesn’t work, we’d suggest trying “12345”, next.A report released today looks at a list of 32 million passwords and what it finds doesn’t say good things about most of us and our password practices.The report, released by data security firm Imperva, works with real-world data to arrive at its finding. The 32 million passwords it uses as its data set were published on the Internet last month after being stolen from Rockyou.com.Like children who won’t eat their vegetables, we obviously aren’t doing what we’re told when it comes to the basics of password security. While 30% of users chose passwords under the recommended minimum of six characters, 50% use common names, slang, and easy-to-guess things like consecutive series of numbers. Take a look at the top 20 passwords from the list below. Tags:#news#web mike melanson The report goes on to give a list of recommendations that, as it points out from the beginning, you probably won’t follow. Two previous studies of password-use, one in 1990 and another 10 years later showed that “password selection is strikingly similar.” According to the data, a brute force attack would likely be able to access 1000 accounts in a mere 17 minutes.Photo credit: danielleblue. 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai…last_img read more

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How the Internet of Crops is solving the issue of food waste

first_imgHow IoT Will Transform Cold Chain Logistics For… Cate Lawrence Tags:#Agriculture#Agtech#Centaur#crop harvest#featured#food waste#fumigation#gas sensors#insect infestation#insects#Internet of Things#IoT#IoT sensors#Next-gen agriculture#top Related Posts 5 Industries Destined for Technological Disruptioncenter_img Electronic Design is Utilizing AI-Enabled Solu… It’s not every day that you meet a tech startup with a team that includes an agronomist and entomologist. One of the great things about IoT is that it’s a sector that utilizes technology to solve problems that have plagued traditional industries for centuries. An example of that issue of food waste in agriculture.According to UN FAO data, approximately $1 trillion in produced crops is annually lost post-harvest. This includes the various stages — from farm, to shelf, to fork. Even in technologically advanced regions such as the EU, post-harvest losses for grains and cereals are often more than 10%, with higher percentages seen in developing countries in Africa or in industrialized Asia. These losses are incurred during raw material storage, processing  — milling, for example — and distribution in the logistics chain.One company that is responding to the challenge of food waste with IoT technology is Centaur Analytics, the first full stack IoT company that provides real-time stored agri-products monitoring and protection solutions. They develop and market end-to-end solutions for the Internet of Things, focused on the quality and safety of stored goods. Their mission is to dramatically increase post-harvest yields and eliminate waste from farm to shelf.I recently spoke to Dr. Sotiris Bantas, co-founder and CEO of Centaur Analytics about their work. He explained a bit about the need for their role:“We’re basically losing about 1/3 of our annual output on a global scale, people have crunched the numbers and its the 1 million loss more severe in the developing world e.g. Africa, wheat, corn are often with insect infestation leading to spoilage, 17% in the developed world are not used for food or processing, are either dumped or used for animal feed or maybe biofuel. But a lot is really wasted and goes down the drain basically. So we’ve been working with our own experts in the field e.g. we have our own agronomists, entomologists are stored product specialists that have actually helped us specify a solution along the lines of monitoring sensors and software analytics.”What goes wrong in crop storageStoring crops is a tricky process. Most farmed crops are stored in massive quantities in big metal containers like silos, an environment that is susceptible to a range of challenges like moisture, temperature and insect infestation.Traditionally methods of managing these challenges have involved  farmers  physically visiting their silo or storage container in person by testing each one individually  — not an exact science — and provide treatments. Insect infestation is particularly problematic.As well as eating crops, insects increase the moisture levels within the storage containers, which can further spoil the crops. Bantas explained that treatment typically involved a fumigants such as phosphine which is administered over a set number of days, typically up to a week.“Fumigation is used for all kinds of crops: tobacco leaves, flowers, grain, rice , feeds, fruit fresh, died and so on, people have been fighting this product with fumigating gases but have been doing so without monitoring,”  Bantas said.The problem is that while fumigation can eradicate the problem, if the temperature of the container is too low, the dosage is incorrect or the duration of treatment too short, it can “harden they insects and they mutate and grow into something stronger, making treatment ineffective.” Bantas noted that their work reveals that many farmers have traditionally been underdosing, using less fumigation or they have been doing it without keeping the actual treatment durations.Centaur has developed proprietary wireless sensors which are designed to “sniff” crop storage conditions inside shipping containers, grain bins, and storage bunkers. This is notable as most sensors cannot transmit from within a metal storage container, like those typically used to store farmed crops.Behind the scenes, entomological models are applied to the data stream and predictive analysis is passed to the end user. Importantly, the sensors mean that crops can be monitored in a range of scenarios including ship carriers and transportation which may take weeks or months. “Basically it helps users be proactive in terms of the fumigation and pest control practices that they should be following to ensure the product is safe and properly sanitized,” Bantas explained.The sensor tech is also able to anticipate problems through temperature monitoring. “You can also monitor for a hot spot. A hot spot usually means there’s an infestation or spoilage starting so if you have advanced early warning you can take measures.” said Bantas.The farmer has become connectedFarmers are becoming more technologically sophisticated. Bantas attributes this in part to the fact that farmers in general are way more educated than previous generations and with the advent of the smartphone and the tablet people become closer to technology. He notes,“Technology has become so easy to use its a no brainer for a farmer to use a tablet to gain information about the weather pattern will be like in the next few days and thus when to harvest their crops. Conversely for our users, it’s becoming a no-brainer that they should not have to visit the silo to check if the wheat is damp or the what smells funny, they actually have an alarm notification about a possible problem in the storage facility. ”Centaur recently announced a $1.3 million funding round. It’s a great achievement for any startup, particularly in Greece’s economically challenged startup environment. They company is in a great position as the first mover in this sector, having created a globally relevant solution to a problem affecting farmers from Australia to Algeria. The issue of food security is one that impacts not only current but future generations and technology like that developed by Centaur provides an important solution to some of the challenges. The Ultimate Checklist on Ways to Prevent IoT D…last_img read more

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Easy win for Nadal at the Australian Open

first_imgTo get an assessment of how much better Rafael Nadal and Roger Federer are than most of the competition in men’s tennis, look no further than Marcos Daniel.At the Australian Open on Tuesday, Daniel was on the other side of the net from Nadal, who is attempting to win his fourth major title in a row – the “Rafa Slam.” Daniel saw, ever so briefly, why the top-seeded Nadal is among the best ever in the game.Rafael Nadal returns to Marcos Daniel during their first round match at the Australian Open in Melbourne on Tuesday. APOnly briefly, because the Brazilian’s left knee gave out, forcing him to retire from the first-round match while trailing 6-0, 5-0.”If you see all the top five guys, they improve so much,” said Daniel, who has also lost to Federer. “They are one step forward, faster than the others, they hit the ball harder than the others, they can stay very focused for four hours, different than the others. Imagine Federer and Nadal, they are the same.”Nadal’s limited court time should hold him in good stead for the rest of the tournament, but he wasn’t counting his blessings as the result of another player’s misfortune.”I am a professional and I try my best on every point,” Nadal said, explaining why he didn’t hold back in the match. “That’s the best thing, to respect the opponent in that situation. If you do something and you let him win a game, it is worse.”advertisementNadal will play American qualifier Ryan Sweeting, who beat Daniel Gimeno 6-4, 6-4, 6-1.Another one of those top five that Daniel mentioned was Andy Murray, the 2010 finalist who also advanced when Karol Beck retired with a shoulder injury in the third set of their first-round match. The fifth-seeded Murray, who was leading 6-3, 6-1, 4-2, was the only man to beat Nadal in a Grand Slam tournament last year, the quarterfinals at Melbourne Park.”You’d rather finish the match off without your opponent being hurt,” Murray said, “but it does happen quite a lot. So you just have to move on and get yourself ready for the next round.”Fourth-seeded Robin Soderling had to go the distance but was rarely challenged, completing a 6-4, 6-2, 6-2 win over Potito Starace of Italy. Australian wild-card entry Bernard Tomic advanced to the second round with a 6-3, 6-2, 7-6 (5) win over Jeremy Chardy of France. Tomic could meet Nadal in the third round.Another winner was 2009 U.S. Open champion Juan Martin del Potro, who played only three matches last year due to a right wrist injury. He beat Dudi Sela of Israel, 7-6 (13), 6-4, 6-4.”I don’t want to think in the past,” del Potro said. “I won a Grand Slam, but I’m working to improve my game. I don’t know if I can play like two years ago or not, but I will try.”Jo-Wilfried Tsonga, who lost in the final here to Novak Djokovic in 2008, came back from two sets down to beat Philipp Petzschner of Germany 4-6, 2-6, 6-2, 6-3, 6-4. Andreas Seppi of Italy beat Arnaud Clement of France 3-6, 2-6, 7-5, 6-3, 6-2 in another late match.On the women’s side, U.S. Open champion Kim Clijsters did nothing to dent her growing status as favorite by routing fellow former No. 1 Dinara Safina 6-0, 6-0.The U.S. Open champion never allowed the 2009 Australian Open finalist to get into the match, placing pinpoint forehands to all areas of the court. When Safina did have an opportunity to return, her many unforced errors gave away the point to Clijsters.”I expect my opponent to come out and play their best tennis,” said Clijsters. “She obviously didn’t do that today.”Safina was less polite.”I was sitting in the changeover, and I was like, OK, at least how can I get a chance to hurt her?,” Safina said. “There was nothing that I could do to hurt her. Embarrassing.”Elsewhere, No. 15 Marin Cilic of Croatia beat American qualifier Donald Young 6-3, 6-2, 6-1 to advance along with No. 7 David Ferrer, No. 10 Mikhail Youzhny, No. 11 Jurgen Melzer, No. 20 John Isner, No. 31 Feliciano Lopez and No. 32 Guillermo Garcia-Lopez.Former No. 1 Lleyton Hewitt and David Nalbandian of Argentina were scheduled to meet in a later first-round match in a replay of their 2002 Wimbledon final won by the Australian.Hewitt leads the series 3-2 but has not beaten Nalbandian since their controversial 2005 Australian Open quarterfinal in which the pair bumped into each other purposely on a changeover. The video clips of that altercation have featured prominently on television promotions of the night Rod Laver Arena match.advertisementAfter the 2005 match, won in five sets by the Australian, Nalbandian said Hewitt was “not a gentleman'” and “nobody is friends” with the Australian. Hewitt said Nalbandian was “not the cleanest guy.”No. 2-ranked Vera Zvonareva began her bid to reach a third consecutive Grand Slam women’s final with a 6-2, 6-1 win over Sybille Bammer. Zvonareva lost to Serena Williams in the Wimbledon final and to Kim Clijsters in the U.S. Open final last year.She dominated the first set against the 30-year-old Bammer, conceded only four points in the first four games of the second set and didn’t allow the Austrian to hold until the sixth game.Ana Ivanovic, the 2007 French Open champion and 2008 Australian Open finalist, slumped to her worst result in seven years at Melbourne when she lost 3-6, 6-4, 10-8 to Russia’s Ekaterina Makarova. The 19th-seeded Ivanovic saved five match points before finally going out.Also advancing were French Open finalist Sam Stosur, the fifth-seeded Australian who beat American wild-card entry Lauren Davis 6-1, 6-1; No. 12 Agnieszka Radwanska, who took six of the last seven games after a medical timeout in the third set to hold off Japanese veteran Kimiko Date Krumm 6-4, 4-6, 7-5; No. 7 Jelena Jankovic; No. 10 Shahar Peer; No. 13 Nadia Petrova; No. 18 Nadia Petrova, No. 22 Flavia Pennetta; No. 25 Petra Kvitova and China’s Peng Shuai.last_img read more

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Indian players are suffering from mental fatigue, says Upton

first_imgIf a team indulges in playing relentlessly, the players start suffering from “mental fatigue” and that’s exactly what has happened with the Indian players, feels former mental conditioning coach Paddy Upton.Upton said if a player is on the conveyor belt all the time, it create situations like those experienced by the Indian cricketers during the World Cup, where they fought hard to keep their food down, while Yuvraj Singh became physically sick due to anxiety.”The current schedules ask players to be machines. We can guess the physical impact on players but what is very little understood is the mental fatigue the players experience when crossing the ropes in every single game where there is that much amount of pressure,” Upton told a cricket website from South Africa.The Indian players will go straight into an ODI series against England at home after the current tour. It will be followed by full fledged series against West Indies at home and then head Down Under for a tough battle against Australia.Some of the players like M.S. Dhoni, Sachin Tendulkar, Zaheer Khan, Suresh Raina, Virat Kohli will also have Champions League assignment. Upton didn’t mince words stating that World Cup had taken its toll on players.”That World Cup was a monumental process, both preparing for the tournament and enduring it for seven weeks. It was a very, very long tournament. The physical drain on the players, I don’t think even the players realise the extent to which they were absolutely stuffed.”advertisement”I spoke to Yuvraj Singh who said he was sick for nearly two weeks after the World Cup and I know there were a lot of players who were mentally down after the World Cup,” he said.With inputs from PTIlast_img read more

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Israeli workers strike nationwide to protest Teva layoffs

first_imgJERUSALEM – Israel’s national trade union on Sunday held a half-day nationwide strike to protest generic drugmaker Teva’s decision to lay off a quarter of its workforce, snarling traffic and shuttering key services across the country.The work stoppage crippled the country’s main international airport and seaports, closed banks and government offices and forced hospitals to scale back services to reduced-staff weekend levels.Israel-based Teva Pharmaceutical Industries Ltd., the world’s largest generic drugmaker, announced last Thursday that it was cutting 14,000 jobs worldwide. The cuts are expected to include about 1,700 jobs in Israel, roughly one-quarter of its local workforce. The company is considered a national treasure and is one of the largest private-sector employers.In Jerusalem, Teva workers staged demonstrations outside a company plant, at the entrance to the city and outside Prime Minister Benjamin Netanyahu’s office as he was convening his Cabinet for its weekly meeting. The workers blocked traffic, beat drums and chanted slogans against the coming layoffs. “Closing Teva is an attack against the state of Israel,” read one poster.The protest resumed later Sunday when dozens of workers waving Israeli flags again blocked a road near the Jerusalem plant, backing up traffic at the height of rush hour.Speaking to his Cabinet, Netanyahu said that he would be meeting Teva’s new chief executive, Kare Schultz. The Israeli leader has said he would do everything possible to minimize the impact of Teva’s decision on local workers and keep the company operating in Israel.“It started as an Israeli company and we want it to remain as an Israeli company,” Netanyahu said.Schultz last week sent Netanyahu a letter apologizing for the layoffs but saying he had no choice.The company has been hit hard by the expiration of patents on its blockbuster drug, Copaxone, price pressure on its core business of generic drugs and a $35 billion debt load from its purchase of the generics business of Allergan.last_img read more

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Canada will feel oilpatch pain but likely wont be as bad as

first_img“In terms of the Canadian economy, it is fair to say that the data released since our October (monetary policy report) have been on the disappointing side,” said Poloz.Poloz added that he remains hopeful that business investment will rebound now that much of the uncertainty surrounding the North American free trade has been eased following the signing of a new agreement between the United States, Mexico and Canada. OTTAWA – The negative impacts of low oil prices that have struck Western Canada will reverberate across the entire national economy, the head of the Bank of Canada said Thursday.But governor Stephen Poloz estimates the latest drop in crude prices will likely have less bite across the country than the 2015 oil-price crisis, which contributed at the time to a slight, technical recession.In prepared notes for a speech in Toronto, Poloz said oil and gas production now makes up just 3.5 percent of Canada’s economy, compared with six percent in 2014. “It is already clear that a painful adjustment is developing for Western Canada and there will be a meaningful impact on the Canadian macroeconomy,” Poloz said in an address to be delivered at a breakfast event hosted by CFA Toronto.“That said, given the consolidation that has taken place in the energy sector since 2014, the net effects of lower oil prices on the Canadian economy as a whole, dollar for dollar, should be smaller than they were in 2015.”Looking at the positive side, Poloz said the ongoing “oil-price shock” has also arrived at a time when Canada’s economy is running close to full tilt and the unemployment rate is at a 40-year low.The stronger economy has put the central bank on a rate-hiking path, to keep inflation from running too hot, for more than a year. It raised its trend-setting interest rate at its October meeting for the fifth time since the summer of 2017.But on Wednesday, the bank left the rate unchanged as it underlined fresh negatives, such as the recent drop in oil prices and an unexpected decline in business investment.Market watchers, many of whom had expected the bank to increase the rate in January, now believe the recent economic developments will delay the timing of future rate hikes.last_img read more

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