CVPS increases Shareheat donation to $120,000, appeals for donors

first_imgCiting a shortage of donations and a critical need, Central Vermont Public Service today donated $20,000 in heating aid to community action agencies across Vermont, and appealed to customers who can to donate to the CVPS Shareheat campaign.The $20,000 grant announced today is in addition to $100,000 from CVPS shareholders the company previously put into a pool to match donations from the public.‘With the economy still on the rebound, donations to Shareheat are lagging this winter, but the need remains very high,’ CVPS President Bob Young said.  ‘We decided to immediately jumpstart the effort by making $4,000 contributions to each of the five community action agencies that participate in Shareheat, and to appeal again to the public.  Vermonters are facing heating crises every day, and we want to ensure no one goes cold for lack of funds.’Thanks to the matching pool, contributions from the public are matched dollar for dollar and sent to the community action agency that serves the donor’s region of the state.  The pool began the season with $100,000 from CVPS shareholders, and $45,000 has been added to it by Shareheat Business Partners, which include People’s United Bank, Carris Reels, Passumpsic Savings Bank, Weidman Electrical Technology, and The Vermont Country Store.‘Thanks to these businesses and our shareholders, every donation from the public, up to $145,000 in total, will be doubled,’ CVPS spokesman Steve Costello said.  ‘A $10 donation will provide $20 in assistance to a neighbor in need.  Donations of any size will help.’Businesses that would like to join the Shareheat Business Partnership Program may call Costello at 747-5427 for more information. Anyone needing crisis fuel assistance should contact their local community action agency.CVPS Shareheat is a program of last resort for over 1,000 Vermont families each year.  Funds are available to assist people who face heating emergencies, often because they never expected to need assistance, lost a job, or have exhausted all other available assistance.‘Some people who have donated to Shareheat in the past are now turning to it for assistance themselves,’ Costello said.  ‘That is reducing donations and increasing the demand on the program.  We’re asking anyone in a position to do so to make a donation.’Contributions should be made payable to the CVPS Shareheat Fund.  Donations may be mailed with a CVPS payment, or sent separately to CVPS Shareheat, 77 Grove St., Rutland, VT 05701.last_img read more

DBS: Keppel, Sembcorp Marine Merger Would Make Sense

first_imgPrevailing challenges in the offshore and marine sector have sprung rumors on the potential consolidation of Singapore’s rig builders Keppel Corporation (Keppel) and Sembcorp Industries (SCI), according to DBS Bank.The move would be a prudent choice having in mind the yard overcapacity and rig oversupply, along with the two yards’ rationalization efforts amid lower activity level.  In addition, recent changes in the leadership of these groups could drive the consolidation move to fruition.“A merger could make sense to further streamline their operations, achieve cost synergies and eliminate competition in the medium term,” DBS said in a report that explored the possible scenarios for rationalization of the O&M assets involving Keppel, SCI, and its listed subsidiary Sembcorp Marine (SMM).The three scenarios include a merger of Keppel Offshore & Marine (Keppel O&M) and SMM which would combine their core competencies and facilities, thus strengthening their franchise and creating room for further cost rationalization.A second scenario would be SCI’s possible divestment of SMM thus unlocking value for shareholders. In such a move, SCI could enhance value to its shareholders by focusing on its core competency along the utilities value chain, and divesting SMM to Keppel, Temasek or ST Engineering.And finally, Keppel could inject infrastructure assets into SCI. In such a move, Keppel could remain a conglomerate but swap its infrastructure assets (worth c.S$1.3bn, and are synergistic to SCI), for SCI’s interest in SMM.According to DSB, the first scenario looks like the one that would make the most sense, ” giving birth to a power house.”Aside to initial integration issues, and some overlapping of product offering, the two Singapore rig builders have diversified into other sectors, for instance, Keppel expanded into Floating Liquified Natural Gas (FLNG) vessels while SMM has developed the modularized LNG platform for close to shore applications, thus paving way for expansion of business portfolio and creation of a shipbuilding giant.last_img read more

Cricket News Mohammed Shami hits century as a pacer in overseas Tests – See this unique stat

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Mohammed Shami hit a unique century on day 3 of the Boxing Day Test between India and Australia at the Melbourne Cricket Ground. The right-arm pacer broke a stubborn stand between Tim Paine and Pat Cummins when he bowled Cummins for 17 with a good length ball that nipped back in and breached the defence of the batsman to hit the top of off stump. The wicket of Cummins was Shami’s 100th in overseas Tests and he entered an elite list of Indian bowlers who have achieved this feat. Shami became the fifth Indian pacer and 10th overall to achieve this milestone, joining other legendary names in the club.Shami joined Kapil Dev, Zaheer Khan, Ishant Sharma and Javagal Srinath as the other Indian pacers to have taken 100 wickets in overseas Tests. Kapil Dev leads the pack with 215 wickets in 66 Tests followed by Zaheer, who has taken 207 wickets in 54 Tests. Kapil and Zaheer are the only two Indian pacers to have taken over 200 wickets in Tests abroad. Ishant has taken 181 wickets while Srinath took 128 wickets.Read More | India v Australia, live cricket score, day 3: Jadeja, Bumrah strikeHowever, Shami is the 10th bowler from India overall to reach this milestone. Anil Kumble, considered on one of India’s greatest spinner, leads the overall list with 269 wickets in 69 games. Harbhajan Singh also took 152 wickets in 48 Tests while Bishan Singh Bedi took 129 wickets in 37 games. Ravichandran Ashwin recently entered the 100-wicket club when he picked up three wickets in the Southampton Test against England in 2018 while Bhagwath Chandrasekhar has also taken 100 wickets in just 26 Tests.  Shami has the second-best average among the bowlers who have taken 100 wickets with 31.42, just behind Ashwin who has an average of 31.39.Read More | Watch – Kohli tries to run four, Pujara barely manages threeShami has been effective in the second innings of a match and three out of his four five-wicket hauls have been taken outside of India. His first five-wicket haul was 5/47 in his debut Test against the West Indies in Kolkata and it came during the second innings of West Indies’ batting. In the Sydney Test of 2015, Shami picked up his first five-wicket haul overseas when he picked 5/112. In 2018, Shami’s spell of 5/28 helped India beat South Africa in Johannesburg to secure a consolation win while in the previous match in Perth against Australia, Shami picked up his career-best haul of 6/56. last_img read more

Lakers’ Nick Young expected to be out 6-8 weeks with right thumb injury

first_img“My answer to him was if you would have moved your feet, you wouldn’t have hurt your hand,” Lakers coach Byron Scott said on Friday. “He just started laughing.”The Lakers are hardly laughing after losing someone Scott predicted this week could win the NBA’s sixth man of the year award. Young’s injury suddenly leaves them thin at small forward, which has also lacked Ryan Kelly (strained left hamstring) and Xavier Henry (back spasms).Scott has leaned toward starting Wesley Johnson, a move that seems more likely with Young’s injury. But that absence will also likely open up playing time for second-round draft pick Jordan Clarkson and shooting guard Wayne Ellington. Learning the ropes So much for the Lakers’ hope to stay healthy. Barely a week into training camp, and the Lakers have already suffered their first major injury.Lakers forward Nick Young is anticipated to be sidelined for six to eight weeks because of a torn ligament in his right thumb, his agent, Mark Bartelstein told this newspaper. The Lakers have not provided a timetable, and Bartelstein stressed that Young’s timetable will become more definitive once he has surgery on Monday with Dr. Steven Shin of the Kerlan-Jobe Orthopaedic Clinic.Should Bartelstein’s timetable hold up, Young would stay sidelined from mid-November toward early December, sidelining him for the Lakers’ eight exhibition games and between 10-17 games to open the 2014-15 season.Lakers coach Byron Scott said the injury happened at some point in Thursday’s practice. Various accounts suggest Young injured his thumb after trying to steal the ball from Kobe Bryant. Those who saw the incident said both Young and Bryant playfully exchanged trash talk before and after the injury happened. No matter how hard he tried, Clarkson simply could not keep up with Bryant. His physical presence became too overbearing. Bryant’s footwork proved too crafty to anticipate. His elevation became high to reach.So when Bryant’s fade-away jumper swished into the bottom of the net during Thursday’s scrimmage, it seems understandable that Clarkson nearly tripped over himself trying to stop the shot.“Don’t hurt yourself,” Bryant chided to the Lakers’ rookie. Still, Bryant has embraced Clarkson, calling him “a steal of a pick” after the Lakers paid $1.4 million to the Washington Wizards to draft him with the 46th overall selection of this year’s draft. Three months after Clarkson led the Lakers’ Summer League team, averaging 15.8 points and five rebounds, Bryant gushed about what Clark has shown with his playmaking, shooting and driving through the first week of training camp. “I like him. He’s a hard worker and a curious player,” Bryant said. “He tries to pick things apart and tries to learn and absorb as much as he can.”Clarkson has absorbed plenty from Bryant, ranging from learning how to defend him and how to handle his trash talk. “You use it as motivation,” said Clarkson, who played last season at University of Missouri. “I really am not a big talker, I soak it in and keep pressing on and use it as motivation. It pushes me and helps me get better.”He said itLakers forward Jeremy Lin on Young’s “Swaggy P” nickname: “He’s super cool, but I find it ridiculous everyone comes in and calls him Swaggy. He has to earn it.”center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Celtics owner Wyc Grousbeck cautiously optimistic heading into playoffs

first_imgThe Celtics are one of the most talented teams in the Eastern Conference, they just have some work to do to prove just how good they are.Owner Wyc Grousbeck is hoping the team will find a way to put it all together when the postseason starts April 14. Marcus Smart sees ‘great progress’ despite Celtics still losing Every game is important at this point, and while it is late in the year, Friday’s game is especially so.”These aren’t throwaway games anymore,” Grousbeck said. “These are really important games. So it starts (Friday) night. We’re in a new phase of the season.“I’m going to watch the playoffs, I’m going to root hard for us to go as far as we can possibly go and then we’ll all collect our thoughts in June and decide what to do next.” But it’s also true that Boston is incredibly tough to beat when it plays well. The Celtics have big wins over good teams throughout the year and can clearly beat anyone on any given night.However, they also have some bad losses and have frustrated fans throughout the year.The good moments, though, have Grousbeck feeling like this team could make a run and it would be hard to argue that it’s possible.”We have not played at an elite level this year,” Grousbeck said. “We have to admit that at the moment. We’re in fifth place in the East.“It’d be great to take that step now, or we’ll try to take it next year if we have to. But what I’m seeing, with the playoffs around the corner, I’m going to go into the playoffs with good energy and optimism and seeing what happens.”The Celtics sit one game back of the Pacers and 3 1/2 back of the 76ers. They have officially locked up a playoff spot, and a win over Indiana on Friday would give Boston both a tie for fourth and a 2-1 lead in the regular-season series against the Pacers with one more game left to play. “I like watching this team,” Grousbeck told the Boston Globe in an interview published Thursday. “When we’re hitting on all cylinders, we’re a dangerous team. So I’m hopeful that we can find that place starting (Friday) night (against the Pacers).”It’s undeniable that the Celtics have been somewhat of a disappointment this season. One year after winning 55 games and finishing second in the East, Boston sits in fifth this season and can win no more than 51 despite mostly healthy years from Kyrie Irving and Gordon Hayward. Related Newslast_img read more