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☆ Chuck Mawhinney, 74, Dies; Deadliest Sniper in Marine Corps History
▼ + stars: | 2024-02-23 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Mr. Mawhinney, who served in Vietnam from May 1968 to March 1970, had 106 confirmed kills and another 216 probable kills, averaging about four a week — more than the average company, which comprised about 150 soldiers. As a sniper, Mr. Mawhinney filled a number of roles. He would stay up all night with his rifle and night scope, watching the perimeter of an encampment for incursions. He would go out on patrol with other Marines, ready to support them if a firefight broke out. But mostly he and his spotter, a novice sniper who helped him identify targets, went out alone, looking for individual targets to kill as a way of sapping enemy morale.

Persons: Chuck Mawhinney, Mawhinney, Chris Kyle, Adelbert Waldron Organizations: Marine Corps, Coles, Navy SEAL, Army Locations: South Vietnam, Baker City, Oregon, Vietnam, Iraq

REUTERS/David Gray Acquire Licensing RightsSYDNEY, Nov 24 (Reuters) - The long-term value of hotly contested $10.6 billion takeover target Origin Energy (ORG.AX) has been muddied by a government plan to accelerate the rollout of renewable energy, announced just hours before a key shareholder vote. However, the potential for new investment via the government's scheme undercuts Brookfield's argument that Origin and Australia needed its deep pockets to decarbonise quickly, Vickerson said. Pension giant AustralianSuper has argued Origin's stake in fast-growing British renewable energy company Octopus Energy, gas assets and millions of customers position the company well for the energy transition. The government's new scheme only strengthens the fund's conviction about Origin, according to a person familiar with AustralianSuper's thinking. However, Simon Mawhinney, chief investment officer at fund manager Allan Gray, which owns a roughly 3% stake in Origin, said the government's plan appears likely to push down returns.

Persons: David Gray, AustralianSuper, Max Vickerson, Vickerson, Brookfield, Tom Leske, Simon Mawhinney, Allan Gray, Lewis Jackson, Sonali Paul Organizations: REUTERS, Rights, Energy, Morgans, Origin, AGL Energy, Churchill Capital, Octopus Energy, Thomson Locations: Sydney, Chatswood, Australia, Brookfield

Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. When asked during a press conference if he had reservations about the revised deal, Chairman Scott Perkins said: "absolutely". DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.

Persons: Dado Ruvic, Australia's, EIG, Scott Perkins, Blair Thomas, Allan Gray, Simon Mawhinney, Mawhinney, Chris Bowen, Scott Murdoch, Lewis Jackson, Praveen Menon, Lincoln, Sonali Paul, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, Brookfield ., EIG Partners, Australia Pacific LNG, Reuters, Brookfield consortium's, Energy, Thomson Locations: Brookfield, Sydney, Australia

The A$300 billion ($195.24 billion) pension fund was against the original offer, which it also said substantially undervalued the company's ability to profit from Australia's shift to renewable energy. Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.

"AustralianSuper believes Origin has a highly strategic portfolio of assets to participate in, and benefit from, the energy transition," a spokesperson said. Origin shares plunged as much as 5.6% to A$8.565 in high-volume trading following the news, as AustralianSuper's 13.68% holding could scupper a deal that requires approval from 75% of the register if not all investors vote. Should the deal fail at the shareholder vote scheduled for Nov. 23, a revised agreement allows the consortium to make a subsequent off-market bid if it buys 5% or more of Origin shares. "If it gets voted down, Brookfield aren't obligated to come back with an off-market takeover offer, but they may be inclined to," he said. Should the deal close, Brookfield and its partners GIC and Temasek will own Origin's Energy Markets business, which includes power generation and retailing.

Persons: Dado Ruvic, AustralianSuper, Canada's Brookfield, Brookfield, Jamie Hannah, Simon Mawhinney, Allan Gray, Stewart Upson, Scott Murdoch, Lewis Jackson, Sameer Manekar, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, bourse, Brookfield Asia, Energy Markets, Saudi Arabia's Aramco, Australia Pacific LNG, Thomson Locations: VanEck, Brookfield, Temasek, Saudi, Australia, Sydney, Bengaluru

☆ How the hidden story of the most lethal Marine Corps sniper came out after decades of secrecy and what happened when it did
▼ + stars: | 2023-07-15 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

The deadliest Marine sniper by number of confirmed kills is Chuck Mawhinney. The Vietnam War was a brutal conflict that left many of the service members who survived it with invisible scars. In Vietnam, Mawhinney "figured he'd never make it home alive," according to "The Sniper," a new book by Jim Lindsay written with input from the marksman. "Chuck" Mawhinney poses with a replica of the M40 sniper rifle he used during the Vietnam War. Another author of a series of books on snipers, Peter Senich, was able to use his connections with the Marine Corps archives to access Mawhinney's kill sheets showing 103 confirmed kills, officially making him the deadliest Marine sniper.

Persons: Chuck Mawhinney, wasn't, Charles, Chuck, Mawhinney, Jim Lindsay, wouldn't, George Gill, Gill, Charles B, Garrett White, Joseph Ward, Ward, who'd, Carlos Hathcock, Norm Chandler, Peter Senich, Jayson Jacoby, Lindsay, he'd Organizations: Service, US Marine Corps, Marine Corps, Forest Service, Marine, Baker City Herald, Associated Press Locations: Vietnam, Wall, Silicon, Oregon, Baker City

☆ The US Marine Corps' deadliest sniper might never have become one if it weren't for a wild night of drinking and a fake toothache, new book reveals
▼ + stars: | 2023-06-24 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

The deadliest sniper in Marine Corps history is Charles "Chuck" Mawhinney. But even as a Marine, Mawhinney couldn't completely shake his reckless behavior, and a night of drinking cost him his chance to be an aviator. Charles Mawhinney Marine CorpsThe night before an 8 a.m. exam to qualify for aviation training, Mawhinney's friends invited him to get tattoos. Mawhinney qualified for entry into the Marine scout sniper course because he'd already earned distinction as an expert marksman. Mawhinney Courtesy photoIn the middle of this particular dilemma, Mawhinney learned that a Marine sniper with Lima 3/5 needed a spotter.

Persons: Charles, Chuck, Mawhinney, —, Chuck Mawhinney, Jim Lindsay's, he'd, Charles Mawhinney, Mawhinney's, Lindsay, It's Organizations: Marine Corps, Service, Marines, Charles Mawhinney Marine Corps, Marine, Remington, Combat Valor Locations: Vietnam, Lima

☆ Newmont plumps final bid for Australia's Newcrest to $19.5 bln
▼ + stars: | 2023-04-11 | by ( Melanie Burton | ) www.reuters.com time to read: +4 min

If successful, the deal would lift Newmont's gold output to nearly double its nearest rival Barrick Gold Corp (ABX.TO). Newcrest said on Tuesday it had given U.S.-based Newmont access to its books following the sweetened all-share bid that has received some support from shareholders. The latest bid is 16% higher than Newmont's initial proposal, and represents around a 46% premium to Newcrest's share price on Feb. 3 before Newmont's first bid was announced. Reuters had reported that Newmont was open to raising its offer price for Newcrest. Barrick and miner Sibanye Stillwater Ltd (SSWJ.J) have told Reuters they are not interested in bidding for Newcrest.

☆ Gold giant Newmont’s $16.9 billion bid for Australia’s Newcrest clouded by deal doubts
▼ + stars: | 2023-02-06 | by ( ) edition.cnn.com time to read: +4 min

The Australian gold miner said that it was considering the all-share proposal in a filing that was a response to media speculation over the weekend. The initial feedback from shareholders is that they want a higher price, according to a person familiar with Newcrest’s deliberations. Newcrest shareholders would receive 0.380 Newmont shares for every Newcrest share, giving them a 30% stake in the enlarged miner. It is a 4.7% improvement from a previous 0.363 per share offer that Newcrest already rejected for not providing enough value to shareholders, Newcrest disclosed on Monday. Morgan Stanley is looking towards a bull case of spot gold reaching $2,160 in the fourth quarter, up from $1,866 an ounce.

☆ 5 easy side hustles to start with little to no money
▼ + stars: | 2023-01-31 | by ( Alexandra York | ) www.businessinsider.com time to read: +1 min

A low-cost side hustle is a great way to generate extra income ahead of an economic downturn. Alistair Berg/Getty ImagesWith the possibility of a recession on the horizon, experts say it's time to start saving. Starting a side hustle can be a great way to earn that extra cash, founders told Insider. "At the early stage, the capital needs are at their lowest ever," Dave Mawhinney, an entrepreneurship professor and executive director at Carnegie Mellon University, previously told Insider. From blogging to selling vintage clothes, here are five side hustles to start with little or no money, as well as advice from founders who've done it.

☆ Why now is the best time for Gen Zers to launch a business, and how they're taking advantage of the opportunity to change the workforce
▼ + stars: | 2023-01-05 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Here's why now is the best time for Gen Zers to start their own businesses. It helps that some successful Gen Zers are earning more than America's top CEOs. Here's why now is the best time to start a business for young people and two Gen Z entrepreneurs who have done it. New ventures in copywriting, social media management, and virtual assisting have been among some of the most successful, Mawhinney said. With this in mind, young founders have the opportunity to build brands that new workers resonate with.

Organizations: & $

☆ The 10 easiest businesses to start in 2023, including freelance writing, user-generated content creation, and digital marketing
▼ + stars: | 2023-01-01 | by ( Alexandra York | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

2023 is a hopeful time to start a business or side hustle, especially for solopreneurs. Digital marketing, content creation, and e-commerce are among those with the most potential. The gig economy is growing in size and specialty, said Lauren Russell, freelancer and founder of social media marketing agency Irresistibly Social LLC. "With the gig economy growing, there are a lot of micro niches so people can have a more custom, tailored service," Russell said. Insider spoke with economists and entrepreneurs about the best businesses to start in 2023.

☆ Amid talk of a recession, experts share why now is a good time to start a business and which industries are the most promising
▼ + stars: | 2022-10-13 | by ( Alexandra York | ) www.businessinsider.com time to read: +7 min

While the prospect of an economic downturn can be worrying, indicators suggest it's still a good time to start a business. "When starting a business, your capital needs are as low as they're ever going to be," he said. Mawhinney, along with an economist, a business coach, and an entrepreneur, each shared their predictions for the coming years and why they encourage aspiring business owners to jump on the entrepreneurial bandwagon now. "But what we're seeing now is they've realized that employment itself is risky, and it's become easier to start that business." She encourages her coaching clients, who are aspiring entrepreneurs and freelancers, to take advantage of the new opportunities.

☆ 'Quiet professionals': These are the legendary Vietnam War marksmen every Marine scout sniper trains to be
▼ + stars: | 2020-12-15 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +12 min

Modern Marine Corps scout snipers are required to study their history, to learn from the outstanding snipers that came before them. In many conflicts throughout US history, Marine Corps snipers have proven to be valuable assets on the battlefield. Carlos N. Hathcock:Carlos Hathcock USMC ArchivesIn Vietnam, Hathcock had 93 confirmed enemy kills and several hundred unconfirmed. That never mattered to him though, according to Charles Henderson's book, "Marine Sniper: 93 Confirmed Kills." The only US military sniper with more confirmed kills than Mawhinney in Vietnam was Army sharpshooter Adelbert Waldron with 109 confirmed kills.

Persons: Charles Mawhinney, Eric England, Carlos Hathcock, —, Charles, Chuck, Mawhinney, Joshua Coulter, Coulter, Carlos N, Hathcock, Edward James Land, Cobra, Charles Henderson's, Sgt, Eric R, Eric, Corps Mawhinney, Joseph Ward, Adelbert Waldron Organizations: Marine Corps, Marine, Service, Marines, Staff, Corps, In Vietnam, Arkansas, 3rd Marine Division, Union, Historical Society, Los Angeles Times, National Museum of, Army, Scout Locations: Vietnam, England, Vietnamese, Georgia, Oregon

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