Credit union clarity through the numbers

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Studies have shown that many  corporate directors do not have a clear understanding of the dynamics of their own industry. This isn’t credit union specific, but rather is a phenomenon across all corporate boards.I thought I’d spend a little bit of time today going over some numbers. I discuss these when I speak to credit union management teams and boards to give them a clear picture of what our industry looks like.I often get the following question. Is our industry growing or shrinking. The answer is clearly “yes.” I’m not being coy. The answer depends on how you look at things. continue reading »last_img read more

Rohit completes twin tons as India press for victory

first_imgMUMBAI, India (Reuters) – Rohit Sharma completed a century in each innings in his maiden Test as opener as India pressed for victory in the first Test against South Africa by setting the touring side a daunting target of 395 at Visakhapatnam yesterday.India declared their second innings closed on 323 for four wickets with Rohit’s 127 the standout knock among useful contributions from the batsmen who followed.Faced with the difficult task of batting in the fourth innings on a slow turning wicket to save the Test, South Africa reached 11 for one at stumps with a day left in the match.The touring side, who lost 3-0 the last time they came to India in 2015, have already lost first-innings centurion Dean Elgar for two to left-arm spinner Ravindra Jadeja after India successfully overturned a leg-before decision through review. Limited-overs batting stalwart Rohit, who has cemented his place as an opener in the Twenty20 and 50-over formats, moved up to the top of the batting order against South Africa to resurrect his stop-start Test career.The team could not have asked for more from the 32-year-old right-hander as his quick-fire century in the second innings, after his 176 in the first, aided India’s search for quick runs while they batted the opposition out of the equation for a win.Rohit hit 10 fours and seven sixes in his 149-ball knock for a total of 13 sixes in the Test, one more than Pakistan’s Wasim Akram who had held the record for most sixes since a 1996 Test against Zimbabwe. India lost opener Mayank Agarwal early but recovered strongly through a second-wicket stand of 169 between Rohit and Cheteshwar Pujara, who made a chance-filled 81 after his cheap dismissal in the first innings.A double centurion in the first innings, Agarwal was out for seven when he edged Keshav Maharaj to slip.There was not much luck otherwise for the South African bowlers as they toiled tirelessly on a hot and humid day unable to convert their half-chances. Pujara edged between the slip and the wicketkeeper twice in the same over from fast bowler Kagiso Rabada while Rohit was caught on the boundary line but the fielder touched the padding with his foot for it to be declared a six.South Africa, who fought back spectacularly from 63-4 in their first innings through centuries from Elgar and Quinton de Kock on Friday, were finally all out for 431 in the first session to concede a lead of 71.Off-spinner Ravichandran Ashwin added two more wickets to his overnight five-wicket haul to finish with 7-145 after South Africa had resumed the day on 385 for eight. INDIA1st innings 502-7 declaredSOUTH AFRICA 1st inningsDean Elgar c Cheteshwar Pujara b Ravindra Jadeja 160Aiden Markram b Ravichandran Ashwin 5Theunis de Bruyn c Wriddhiman Saha b Ravichandran Ashwin 4Dane Piedt b Ravindra Jadeja 0Temba Bavuma lbw Ishant Sharma 18Faf du Plessis c Cheteshwar Pujara b Ravichandran Ashwin 55Quinton de Kock b Ravichandran Ashwin 111Senuran Muthusamy not out 33Vernon Philander b Ravichandran Ashwin 0Keshav Maharaj c Mayank Agarwal b Ravichandran Ashwin 9Kagiso Rabada lbw Ravichandran Ashwin 15Extras: (b-12, lb-4, nb-5) 21Total: (all out, 131.2 overs) 431Fall of wickets: 1-14, 2-31, 3-34, 4-63, 5-178, 6-342, 7-370, 8-376, 9-396.Bowling: Ishant Sharma 16-2-54-1 (nb-1), Mohammed Shami 18-4-47-0 (nb-1) Ravichandran Ashwin 46.2-11-145-7, Ravindra Jadeja 40-5-124-2 (nb-1), Hanuma Vihari 9-1-38-0 (nb-2).INDIA 2nd inningsMayank Agarwal c Faf du Plessis b Keshav Maharaj 7Rohit Sharma stp. Quinton de Kock b Keshav Maharaj 127Cheteshwar Pujara lbw Vernon Philander 81Ravindra Jadeja b Kagiso Rabada 40Virat Kohli not out 31Ajinkya Rahane not out 27Extras: (b-8, lb-2) 10Total: (4 wkts, 67.0 overs, decl.) 323Fall of wickets: 1-21, 2-190, 3-239, 4-286.Bowling: Vernon Philander 12-5-21-1, Keshav Maharaj 22-0-129-2, Kagiso Rabada 13-3-41-1, Dane Piedt 17-3-102-0, Senuran Muthusamy 3-0-20-0.SOUTH AFRICA 2nd inningsAiden Markram not out 3Dean Elgar lbw Ravindra Jadeja 2Theunis de Bruyn not out 5Extras: (lb-1) 1Total: (one wkt, 9.0 overs) 11Fall of wickets: 1-4.Bowling: Ravichandran Ashwin 5-2-7-0, Ravindra Jadeja 4-2-3-1.last_img read more

Marshawn Lynch’s soul food restaurant is now open in Emeryville

first_imgBeast Mode is now foodie mode.Oakland Raider Marshawn Lynch has opened his long-awaited restaurant, Rob Ben’s Restaurant & Lounge, in the former Scend’s spot on San Pablo Avenue in Emeryville.Just like Scend’s, Rob Ben’s is a soul food restaurant — wings, catfish, red beans and rice — with a giant custom-built smoker in the parking lot. According to the San Francisco Chronicle’s SFGate, Lynch bought the restaurant from Scend’s owner Cassie Nickelson in the summer of 2017, when the 80-year-old …last_img read more

Internet Fridges: State of the Market

first_img8 Best WordPress Hosting Solutions on the Market The Internet fridge is probably the most oft-quoted example of what the Internet of Things – when everyday objects are connected to the Internet – will enable. Imagine a refrigerator (so the story goes) that monitors the food inside it and notifies you when you’re low on, for example, milk. It also perhaps monitors all of the best food websites, gathering recipes for your dinners and adding the ingredients automatically to your shopping list. This fridge knows what kinds of foods you like to eat, based on the ratings you have given to your dinners. Indeed the fridge helps you take care of your health, because it knows which foods are good for you and which clash with medical conditions you have. And that’s just part of the sci-fi story of the Internet fridge. This type of ‘smart home’ fridge has actually been attempted before, in the dot com era, and flopped. Has there been much progress since then in the Internet fridge market? Let’s find out.This is What We Want…This video shows a prototype of a fridge that uses RFID tags to automatically notify you when milk needs to be bought. Designer Kim Otto took a Siemens refrigerator and replaced the existing flat screen with a touch screen panel PC, then added an RFID tag reader. Why Tech Companies Need Simpler Terms of Servic… Tags:#Internet of Things#NYT#Trends#web Related Posts …But, Let’s Tack a Computer and TV onto The Fridge For NowThe reality is less exciting than what Otto presented. It turns out that the appliance market isn’t quite ready for internet fridges that go beyond mere entertainment. The Electrolux Cyber fridge was released in 2006 and it pretty much sums up the current state of the market for Internet fridges. As the Appliancist website noted: “The Screenfridge is equipped with a computer and a touch screen so you can surf the Internet, send e-mails and buy and order food for your home without leaving the kitchen […]” In other words, it’s just a computer tacked onto a fridge. No automation, no RFID tags, none of the ‘Internet of Things’ functionality we’re all looking forward to.center_img A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Samsung’s Wireless ICE Pad refrigerator is another of this ilk. Its main feature is a detachable LCD touch pad computer. It also features an “entertainment center” (i.e. a TV); along with a calendar, scheduler, message board for “smart food management.”The most recent I found was reviewed by Webware earlier this year: a fridge by Whirlpool featuring a detachable tablet computer made by Data Evolution. It’s not just computers and TVs being tacked onto fridges either. Last year Gorenje released a “Made for iPod” refrigerator, which as the name suggests is a fridge with an iPod on it. The fridge freezer features an iPod docking station, wireless LAN for Internet connection, and built-in speakers. One of the suggested use cases is watching video recipes.Wait, There Are Some Good Uses for Internet FridgesPerhaps the most interesting innovation we’re seeing with Internet-connected fridges right now are ones that use Web technology to save power and optimize themselves. A good example is GE’s demand-response refrigerator, which can adjust its settings and reduce power consumption based on pricing signals from the electricity company. As Greentech Media reported earlier this month, GE has partnered with energy technology company Tendril to “develop algorithms and other technology that will essentially allow utilities employing Tendril’s TREE platform [Tendril Residential Energy Ecosystem] to turn GE […] appliances off or on to curb power consumption.” This is done either via the Internet or special sensor meters. It’s estimated that demand-response systems like this save between 10-30% in electricity consumption in homes.The Time is Still NighClearly the age of the Internet fridge hasn’t yet arrived. Adding computers and TVs to fridges has been tried by many of the main fridge manufacturers, but those efforts were half baked. Until RFID tags that connect to the cloud become more common place on food items, the Internet fridge is yet another product looking for a solution. We’ll check back in a couple of years! richard macmanuslast_img read more

Office 365 For Business Is Here. Good Luck Figuring Out What It’ll Cost You

first_imgOffice 365, Microsoft’s cloud-based office suite, is moving the turf war against Google Docs to the business world with today’s announcement of business-ready subscriptions. But you’ll need a spreadsheet to figure out which of six different options you’ll need – not to mention what it’ll cost.It’s easier to first explain what the different subscription options have in common. All but two – Office 365 Small Business and Enterprise E1 – include desktop versions of Access, Excel, InfoPath, Lync, OneNote, Outlook, PowerPoint, Publisher, SkyDrivePro and Word. Similarly, each user has the capability to use the service on a total of five PCs or Macs, except for – again – Office 365 Small Business and Enterprise E1.The differentiator, it seems, lies in the number of users you’d like to authorize. According to Microsoft’s pricing page, here are the maximum number of users you can sign up for various Office 365 for Business options:Office 365 Small Business and Small Business Premium: 25 usersOffice 365 MidSize Business: 300 usersOffice 365 Enterprise E1 and E3: Unlimited usersThe Small Business option offers no desktop applications to install and no mobile app options. Nor does the Enterprise E1 option, though it serves an unlimited number of users, while the Small Business plan is limited to just 25.I told you it was confusing.Pricing shakes down to users per month (or sometimes per year, just to keep it nice and complicated).Office 365 Small Business: $6/user/month (or $60/user/year)Office 365 Small Business Premium: $15/user/month (or $150/user/year)Office 365 Enterprise E1: $8/user/monthOffice 365 MidSize Business: $15/user/monthOffice 365 Enterprise E3: $20/user/monthIf you’re at all interested in an Office 365 option for your workplace, I’d recommend you get out a spreadsheet and start figuring out what plan works best for you. (Though the desktop version of Excel won’t be available to you if you’re using Office 365 Small Business or Enterprise E1!) Microsoft seems to have crafted a sweet spot for mid-sized businesses, but your mileage will of course vary.Image courtesy of Microsoft 3 Areas of Your Business that Need Tech Now Tags:#Microsoft#Office 365 Related Posts IT + Project Management: A Love Affaircenter_img Massive Non-Desk Workforce is an Opportunity fo… brian proffitt Cognitive Automation is the Immediate Future of…last_img read more

This Week In College Football All The Wild Scenarios That Could End

College football starts in September with 128 teams and billions of different paths to the playoff. Nearly all of that multiverse has been closed off — on Saturday, it’ll be sealed for good.There are four major conference titles at stake Saturday, but only two could really cause chaos for the playoff selection committee: those of the SEC and ACC. The Big Ten championship game matters less, from our perspective, because the winner is almost certainly getting in. And the Pac-12 championship only comes into play if Stanford wins and Alabama or Clemson loses (or both).To break down just how those games could affect the playoff picture, my colleague Jay Boice and I ran 20,000 simulations of FiveThirtyEight’s College Football Playoff model. This gives us greater insight into both how Saturday’s games could play out and, more importantly, how the committee might make its playoff picks based on those outcomes.Two things we know:Oklahoma is in. In all our scenarios, the Sooners are virtually certain to make the playoff.The Big Ten winner is in. Whichever team wins the championship game — Iowa or Michigan State — its probability of making the playoff also approaches 100 percent, according to the model. (Our projection favors the Spartans.) It’s very unlikely that the loser gets in under any scenario, and so throughout this analysis it’s assumed that the loser is out.I analyzed the multiverse of playoff scenarios by first looking at the two most important games: the championship games for the ACC (Clemson vs. North Carolina) and the SEC (Alabama vs. Florida). If Alabama and Clemson win, the selection committee’s job is super easy, but if one or — Bear Bryant forbid — both lose, then it’s not so clear.If there is chaos on Saturday, three teams are standing offstage: Stanford, Ohio State and North Carolina. But none of them controls its own destiny (even if UNC beats Clemson). The model can’t say with any great confidence which of those teams would take the place of the Tide and/or Tigers should those favorites fall — or whether Alabama or Clemson would be replaced at all.The possible scenariosBoth Alabama and Clemson win (42 percent likelihood): This is the simplest outcome. The Tide and Tigers are in, alongside Oklahoma and the Big Ten winner. That’s an impressive pair at the top: an undefeated ACC champion and a one-loss winner of the SEC (arguably the strongest conference in college football). This is the likeliest scenario, happening 42 percent of the time.(Stanford fans: You may notice that the model gives the Cardinal a 3 percent chance if they win the Pac-12 in this scenario. It’s not happening; the model’s just being cautious/polite.)Alabama wins but Clemson loses (32 percent likelihood): This scenario is the second-most-plausible because North Carolina is more likely to upset Clemson than Florida is to upset Alabama.What would come next is complex. (Which should come as no surprise — this is college football, after all.) If Clemson loses, four teams could be vying for the fourth playoff spot: Stanford, Ohio State, the newly crowned ACC champion Tar Heels and … Clemson. That’s right, our model thinks there’s a decent chance that the Tigers could make the playoff over North Carolina even if they lose the ACC title to the Tar Heels. At 42 percent, Clemson is better-positioned than any of the other three teams. But it’s close: Stanford isn’t far behind at 34 percent, should the Cardinal win the Pac-12.How could Clemson make it over the team it just lost to? The Tigers have a more impressive schedule than UNC and a signature win against Notre Dame. The Tar Heels suffer both from a weaker schedule and an embarrassing early season loss to South Carolina. Would that really be enough to outweigh North Carolina’s conference championship and its head-to-head win? FiveThirtyEight suspects that the model is being slightly too kind to Clemson,1In particular, although the model gives a bonus to conference champions, it does not directly consider head-to-head results. but the committee would have a lot to think about. As my boss Nate Silver wrote last year, only a handful of No. 1-ranked teams have lost their conference championship game. On average, those teams were demoted to No. 4 after the loss. If the Tigers suffered the same fate, they’d still be in the playoff. Still, there’s no guarantee that the playoff committee would treat them similarly.Instead of choosing an ACC team, the committee could opt for plans C or D: Stanford, if it wins the Pac-12 championship (it’s a slight underdog), or Ohio State. In some ways, this would recall the dilemma the committee faced last year: Without clarity about whether Baylor or TCU was the superior Big 12 option, it froze the Big 12 out of the playoff.If Stanford loses, the committee still has three teams to choose from. But once again, our model thinks Clemson is as likely to make it as anyone. The Tigers are given a 46 percent shot. The Tar Heels are not far behind with a 36 percent shot. In this scenario, an emphatic win over Clemson might be enough to get the Tar Heels in, while a close one might not. Ohio State would have a 17 percent chance — but one problem for the Buckeyes is that, if the committee is OK with a one-loss team that failed to win its conference, it might decide Clemson is the superior one.Alabama loses but Clemson wins (15 percent likelihood): This scenario would shake things up a lot. Clemson, Oklahoma and the Big Ten winner are locks — but the fourth team is anyone’s guess.We know, though, that it wouldn’t be Florida. Beating the Tide isn’t enough for the Gators. After an awful finish to the season — a 27-2 loss to Florida State after inexcusably close calls against Florida Atlantic and Vanderbilt — the Gators have lost more ground in the playoff chase than they can make up, and the model gives them just a 2 percent chance of making the playoff even with a win over Alabama. So an Alabama loss would probably shut the SEC out of the postseason.But who takes Alabama’s place would be a complicated question, depending in large part on what happened in Stanford’s game against USC.If Stanford won …The Cardinal would then be the best-positioned team to nab the fourth slot. They’re not a lock, though — the model thinks two-loss Stanford has a 61 percent likelihood of taking Alabama’s place.Behind the Cardinal is one-loss Ohio State, which has a 25 percent chance of making it if Alabama loses but Stanford and Clemson win. The Buckeyes are the defending national champion and had won 23 games in a row before losing to Michigan State on the last play of the game two weeks ago. We think Stanford probably has the inside track — but the committee could conclude that the Buckeyes’ overall résumé outweighs Stanford’s conference championship and two losses, especially if Stanford’s win over USC is underwhelming by its “eye test.”Beyond Ohio State, another team could conceivably make it in this scenario: that same Alabama team that just lost the SEC championship! The model gives the Tide a 13 percent chance of snagging a playoff spot if they lose and both Clemson and Stanford win. It’s doubtful that the committee will be so forgiving, however, unless perhaps the SEC championship involves a controversial finish.But if Stanford lost …It would clear the way for Ohio State. The one-loss Buckeyes make it 64 percent of the time that Clemson wins but Stanford and Alabama both lose. The two-loss Tide gets a 25 percent shot in this scenario. For what it’s worth, ESPN’s Football Power Index projections say Stanford is slightly more likely to lose than to win on Saturday.Both Alabama and Clemson lose (11 percent likelihood): This is the committee’s nightmare scenario: unlikely to happen, but ugly if it does. All of a sudden, there would be two slots available and five teams vying to fill them.If this happens, Stanford is the best bet to make it into the playoff. But only if it wins the Pac-12 championship. The Cardinal’s odds rise to 62 percent in this scenario — their highest probability of any of the rabbit holes we sent them down.Assuming Stanford wins …Then Clemson’s odds fall to 50/50. The Tigers, as noted earlier, are still considered potentially playoff-worthy by our model even if they lose to North Carolina. The ACC champion Tar Heels, however, aren’t a bad option either and are given a 43 percent chance. Ohio State is also a viable alternative at 30 percent.Alabama is unlikely to make it; the Tide have an outside shot at 12 percent. That makes sense, as both UNC and Stanford would have conference championships over Alabama, and in the Tar Heels’ case, they’d have fewer losses, too.However, should Stanford lose to USC …Then this quagmire becomes slightly less difficult (four teams for two spots). Clemson, North Carolina and Ohio State stand somewhere between a 48 percent and 67 percent shot in this scenario. Two-loss Alabama would be a longer shot at 24 percent.But to be honest, we’d be entering uncharted territory here. From an empirical point of view, these messy outcomes would be great: We’d learn a lot more about how the committee weighs conference championships, losses, strength of schedule and other factors. For football fans, though, they would be another controversial finish to a thrilling season. Which maybe should come as no surprise — this is college football, after all. read more

TCI Hospitals bring holiday cheer

first_img#MagneticMediaNews Recommended for you Related Items:#magneticmedianews ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Facebook Twitter Google+LinkedInPinterestWhatsAppcenter_img Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, December 26, 2016 – Christmas Day in a hospital can be depressing. ‘Operation Gratitude’ was therefore launched to create a tremendously positive and touching experience. Many patients are away from family, friends and neighbors on this special day and it means so much to them to receive a gift.Care packages stuffed with everyday essentials were distributed to patients on Christmas Day at Cheshire Hall Medical Centre and Cockburn Town Medical Centre to spread good cheer across the hospital ward.  Members of TCI Hospital Senior Management Team donned in red with Santa Claus at the Providenciales facility and Elves at the Grand Turk facility, visited each patient individually to hand-deliver the colorful baskets and offer a jovial season’s greetings.Each patient also received a Christmas card along with sentimental, classic board games, like Bingo, Chess and Snakes and Ladders to encourage old fashioned quality time and laughter-filled conversation with their loved ones.Gift baskets are also given to the first baby born on Christmas Day and New Year’s Day, every year. Employees scheduled to work on these special public holiday’s including Boxing Day are equally treated with delicious complimentary lunches in addition to other annual staff-appreciation initiatives. The Luxury of Grace Bay in Down Town Provolast_img read more