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Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Allen's fourth quarter touchdown throw to Dawson Knox capped off a 24-20 victory against the Chiefs. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
The banks are now less conservative in counting expected rental income when assessing loan applications, said the four sources. In September, about a third of new bank mortgage lending was for investment. On Nov. 12, NAB will also halve its discount on rental income to 10%, including for Airbnb-like short-term rentals, the sources said. NAB, Westpac and ANZ trail market leader Commonwealth Bank of Australia (CBA.AX), which has a quarter of the mortgage market. Commonwealth continues to apply a rental income discount of 20% on mortgage applications, a sixth source said.
Australia's Crown Resorts fined $77 million by regulators
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, Nov 7 (Reuters) - Australian casino operator Crown Resorts has been fined A$120 million ($77.3 million) for serious misconduct, regulators of the state of Victoria said on Monday. Some of the breaches included failing to prevent gambling harm by allowing players to gamble continuously for 12 hours or more without observation or interaction, with some customers allowed to gamble continuously for well over 24 hours, it said. The casino operation also allowed large numbers of customers in the problem gambling category to escape attention, the report added. Australia's gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections. read more($1 = 1.5533 Australian dollars)Reporting by Praveen Menon and Byron Kaye; Editing by Himani Sarkar and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
High inflation and interest rates are here to stay in 2023, said PwC's Byron Carlock. To the dismay of real estate investors everywhere, Byron Carlock says that higher interest rates are here to stay for 2023. And while housing input prices and the costs of raw materials have begun to moderate, he doesn't believe that these can completely offset the ongoing increase in interest rates. But there's also a few obstacles in the way of reimagining entire cities, Carlock. "Cities are going to have to step up their game with respect to zoning and entitlement processes," he added.
Trump urged voters at a rally in Miami to reelect Florida Gov. Ron DeSantis. DeSantis wasn't at the Miami rally and held his own events across the state. Ron DeSantis on Election Day, despite having just christened the governor with a new nickname. Trump took the stage at the Miami-Dade County Fair and Exposition calling for the crowd to "reelect Ron DeSantis as your governor."
Nike alums lead numerous brands, including Lululemon, Allbirds, Columbia Sportswear, and The North Face. Tim Sheerin, the senior vice president of global wholesale at Columbia Sportswear, at an investor day event this year. The trend has accelerated in recent years, with competing sportswear companies including Lululemon and Allbirds opening offices in Portland, Oregon. While sportswear companies are a natural fit for former Nike executives, nonathleticwear companies also have hired from Nike's top ranks. Crocs, which named the former Nike vice president Emma Minto the senior vice president of the Americas in 2020, also has been on a hot streak.
Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
read moreIt also shows Woolworths' grocery dominance being challenged: its September quarter sales showed higher inflation than at Coles, which reported results on Oct. 26, while Woolworths food sales went backwards compared to higher supermarket sales at Coles. In the same period, Australian food prices for Woolworths rose 7.3%, compared to 7.1% at Coles. Woolworths food sales were below consensus forecasts and Coles "appears to have closed the sales gap somewhat", Jefferies analysts said in a research note. Australian food sales "did not improve ... despite rising inflation", UBS analysts noted. Including all divisions such as discount department store and its business-to-business unit, group sales rose 1.8% to A$16.4 billion, Woolworths said, roughly in line with analyst forecasts.
Jeff Bezos is interested in bidding for the NFL's Washington Commanders, multiple news outlets reported Thursday. The Washington Post is owned by Jeff Bezos. People reported Bezos' interest earlier Thursday. The reports came a day after current owner Dan Snyder hired Bank of America to explore a sale of the team. Bezos has a home in Washington, D.C., which is near the Commanders' stadium in Maryland.
As recently as August, Lachlan Murdoch described sports betting as "a huge opportunity" for Fox Sports, telling Wall Street it would fuel viewer engagement. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to gamblers. The growth of Fox Bet has stagnated since market-leading FanDuel's owner, Flutter Entertainment Plc (FLTRF.L), acquired Stars Group in 2020. The matter is the subject of an arbitration case and Lachlan Murdoch told investors a decision is expected imminently.
[1/2] A woman uses her mobile phone as she walks past in front of an Optus shop in Sydney, Australia, February 8, 2018. This week 37 countries, including Australia, will meet at the White House with the goal of tackling ransomware and other cyber crime. Australian cybersecurity insurance premiums rose by an average of 56% year-on-year in the second quarter, said insurer Marsh & McLennan Companies Inc (MMC.N). The average Australian cybersecurity base salary is A$105,000, according to jobs website Glassdoor. Neil Curtis, an Australian cybersecurity executive of U.S. technology contractor DXC Technology Co (DXC.N), who runs a programme retraining military veterans in cybersecurity, said he had requests for about 300 trained personnel in the next six months.
The Seahawks have won three of their last four while the Giants are on a four-game win streak. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Just last week, Giants quarterback Daniel Jones earned NFC Player of the Week honors for his performance against the Jaguars. The Jaguars played in London just last year, when quarterback Trevor Lawrence became the first rookie quarterback to win a regular season game in London. Jaguars quarterback Trevor Lawrence is coming off a turnover-free Week 7 against the Giants.
Rep. Nancy Pelosi's husband, Paul Pelosi, was attacked during an early Friday break-in, police said. Several GOP lawmakers, including some who spread lies about the 2020 election, have since condemned the attack. Sen. Ted CruzThe Texas senator acknowledged his and Nancy Pelosi's "political differences," while calling the attack on her husband "horrific." —Congresswoman Kat Cammack (@RepKatCammack) October 28, 2022Rep. Chuck FleischmannThe Tennessee Republican wrote that any politically motivated violence "must be strongly condemned." Rep. Rodney DavisThe Illinois Republican wrote that the Pelosi attack strikes at the heart of every lawmaker, decrying it as "an attack on all of Congress."
Gregg Lemkau (center) led MSD Partners, the investment firm financed by Michael Dell (right) to a merger with merchant bank BDT & Company, founded by Byron Trott (left). Gregg Lemkau seemingly had it all, which is why many were surprised at his decision to end his 28-year tenure at Goldman Sachs to run MSD Partners, Michael Dell's investment firm, in late 2020. Nearly two years later, Lemkau has silenced any doubters by orchestrating a merger between MSD and merchant bank BDT & Company. Lemkau will serve as co-CEO with BDT founder and CEO Byron Trott of the new firm, which will target rich families and founders. Click here to read more about Gregg Lemkau's ascension at Goldman Sachs and his decision to leave.
A former Army sergeant admitted to the brutal 2020 stabbing of a fellow soldier in his Georgia barracks, a killing federal prosecutors say was retaliation "in cold blood" for the soldier reporting marijuana use. Under the plea agreement, he faces a mandatory minimum sentence of life in federal prison, the Department of Justice said in a news release on Thursday. "The pair discussed beating Hawk up, damaging his car, or breaking things in Hawk’s barracks room," the plea agreement says. The following day, around 12:20 a.m., Booker parked his vehicle outside of a gate on the base and "unlawfully" entered before walking to Hawk's barracks room. The fight made so much noise that Brown, in a room below, could hear furniture moving, the plea agreement states.
Gregg Lemkau was in the running for CEO before he left Goldman Sachs in 2020. Now he runs Michael Dell's investment firm, which is merging with billionaire advisory BDT. When Gregg Lemkau left Goldman Sachs in late 2020 to run Michael Dell's investment firm, many within and outside the bank were surprised. Cardinale, who had left Goldman a decade ago to start his own investment firm, knew it had to be a massive opportunity to pull away Lemkau. Oldest sibling Kristin runs JPMorgan's US wealth management business and Lemkau's younger brother Chip is a managing director at Goldman Sachs in private wealth management.
SYDNEY, Oct 27 (Reuters) - One of Australia's largest pathology providers said hackers stole medical data of thousands of patients, the country's second such breach in two weeks, deepening fears about how companies collect sensitive customer information. 1 health insurer Medibank Private Ltd (MPL.AX) said criminals took data of all 4 million of its customers. [ read more read moreACL said it first knew of unauthorised access to the IT system of its pathology unit, Medlab, in February and received advice that no information was compromised. 1 grocery chain Woolworths Group Ltd (WOW.AX) then revealed that the data of millions of customers using its bargain shopping website had been compromised. Australia has said it plans to fine companies up to A$50 million ($32 million) for failing to prevent data breaches, but Christie said damages awarded for thefts of medical data were typically higher than for other personal data because of non-economic harm like mental health repercussions.
SYDNEY, Oct 26 (Reuters) - The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an asset. This means investors would pay capital gains tax on profit from selling crypto assets through exchanges and when they trade digital assets. The crypto sector is largely unregulated in Australia and the Treasury said in August it would prioritise ‘token mapping’ work, which will help identify how crypto assets and related services should be regulated. "Europeans are going to be pulling ahead, the U.K. now has a prime minister who is familiar with central bank digital currencies," Bowler said.
2 grocer Coles Group Ltd flagged climate change as its next big operational challenge on Wednesday as floods pushed up prices in the first quarter, lifting sales revenue but squeezing the farming supply chain. Coles shares fell 3% by mid-session, against a flat overall market, as analysts weighed the impact of inflation, which economists also blame on soaring energy prices, on profit growth. Shares of larger rival Woolworths Group Ltd, which reports September quarter sales on Nov. 3, were also down 3%. At its annual meeting, Woolworths CEO Brad Banducci said inflation remained a concern and the company expected the operating environment to remain challenging. With Australian inflation at a 32-year high of 7.3% in the September quarter, Coles CEO Cain said cost of living pressures were changing customer behaviour, with lower-income shoppers buying less fresh produce and more canned goods, and “catering in bulk” to reduce food waste.
SYDNEY, Oct 25 (Reuters) - Corporate insurers routinely pay hackers a ransom for the return of stolen customer data, a top Australian government cybersecurity provider said on Tuesday, as the country's biggest health insurer revealed the growing scale of a recent breach. "In what other sphere of life do you see reputable corporates pay millions of dollars to criminals and somehow it's all okay?" On Tuesday, Medibank said the criminal had shown data of another 1,000 customers and added that the number was likely to grow. 2 telco, Singapore Telecommunciations Ltd-owned (STEL.SI) Optus, said last month about 10 million customer accounts, equivalent to 40% of the Australian population, had data taken by a hacker demanding payment. The federal government has meanwhile said it would introduce fines of up to A$50 million for companies on the receiving end of data breaches.
CNN —Tom Brady has reaffirmed his commitment to the Tampa Bay Buccaneers after a difficult start to the new season, both on and off the field. Jeff Dean/AP It was tough times for the Tampa Bay Buccaneers and Tom Brady on Sunday against the Carolina Panthers. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
CNN —Dallas Cowboys’ quarterback Dak Prescott will be back in action this week after missing the last five games with an injury. Ross D. Franklin/AP Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Adam Hunger/AP Dallas Cowboys quarterback Cooper Rush celebrates with Dak Prescott after the team's 22-10 win against the Los Angeles Rams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
SYDNEY, Oct 23 (Reuters) - Australia's weather forecaster predicted heavy rain for large swaths of country's flood-hit south and east on Sunday as a flood crisis continues in the two most populous states. The week-long emergency in New South Wales and Victoria comes as Australia endures a third straight La Nina weather event, bringing heavy rains. There were 122 flood warnings in place for New South Wales, Australia's most populous state. Around 750 people have been rescued across the state in the last 10 days, the Victoria State Emergency Service said. Prime Minister Anthony Albanese said on Saturday 150 Australian Defence Force personnel were assisting in New South Wales and 350 troops in Victoria.
CNN —Tom Brady has apologized for a “very poor choice of words” after he compared playing in the NFL to a military deployment. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Jasen Vinlove/USA Today Pittsburgh Steelers wide receiver George Pickens makes a sensational, one-handed catch over Cleveland Browns cornerback Martin Emerson Jr. on September 22. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
A Hampton University football player came out publicly as gay, a first for a football player at a historically Black college or university, according to Outsports.com, an LGBTQ sports news site. Byron Perkins, a Division I defensive back for the Hampton University Pirates, came out as gay in an Instagram story shared Wednesday. Perkins told Outsports that he’d like to help other gay Black men who are struggling with their sexuality. “There hasn’t been an out gay football athlete at an HBCU. “I’m sure the young man has heard his fair share of slurs from teammates unaware that he is gay.
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