Disney might check visitors’ temperatures when theme parks reopen

first_imgWalt Disney might require theme park visitors to have their temperatures checked when they reopen after coronavirus restrictions on public gatherings are lifted, Executive Chairman Bob Iger said in an interview published on Tuesday.The company is considering the idea as one way to make the public feel safe about returning to Disney’s parks once they are allowed to open again for business, Iger told Barron’s.”One of the things that we’re discussing already is that in order to return to some semblance of normal, people will have to feel comfortable that they’re safe,” Iger said. “Some of that could come in the form ultimately of a vaccine, but in the absence of that it could come from basically, more scrutiny, more restrictions.” “Just as we now do bag checks for everybody that goes into our parks, it could be that at some point we add a component of that that takes people’s temperatures, as a for-instance,” Iger added.Disney operates Walt Disney World in Florida and Disneyland in California as well as theme parks in China, Hong Kong, Japan and France. All are currently closed to help fight the spread of the novel coronavirus. The company has not said when they will re-open.Walt Disney World, the most-visited theme park in the world, attracted 58.4 million visitors in 2018, according to the Themed Entertainment Association.Iger said Disney is studying China’s efforts to let people return to everyday activities.In China, “you can’t get on a bus or a subway or a train or enter a high-rise building there, and I’m sure this will be the case when their schools reopen, without having your temperature taken,” Iger said.Topics :last_img read more

Paul Merson criticises Frank Lampard after Bournemouth stun struggling Chelsea

first_imgBournemouth secured a narrow victory in west London (Picture: Getty)Lampard brought on Callum Hudson-Odoi and Michy Batshuayi before Bournemouth scored – with Jorginho one of the players to make way – and Merson felt the Chelsea manager got his tactics wrong.ADVERTISEMENTAsked about Bournemouth’s performance, the Arsenal legend told Sky Sports: ‘They definitely didn’t deserve to lose but they didn’t dominate Chelsea.AdvertisementAdvertisement‘I watch Chelsea a lot and if you can get through the first 20 minutes against them, their confidence seems to go.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘They’ve got a lot of young players and they are easy to play against sometimes. The pitch looks so small for the way they want to play, it just looks to easy to defend against.’Moving on to the Chelsea manager, Merson said: ‘With Frank, it’s not a good day at the office for him. It was 0-0 and sometimes you have to swallow the pill and settle for a draw.‘He takes off Jorginho and brings on Hudson-Odoi and Batshuayi. Tammy Abraham was already on so he has all these forwards on, everyone is bumping into each other. Paul Merson criticises Frank Lampard after Bournemouth stun struggling Chelsea Metro Sport ReporterSaturday 14 Dec 2019 5:42 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1kShares Comment Frank Lampard’s Chelsea suffered a defeat to Bournemouth in the Premier League (Picture: Getty)Paul Merson criticised Frank Lampard after his struggling Chelsea team were stunned by Bournemouth at Stamford Bridge.Injury-ravaged Bournemouth clinched a 1-0 victory in west London on Saturday as Chelsea slipped to their fourth defeat from five league games.The Premier League clash appeared to be heading for a goalless draw but Dan Gosling scored Bournemouth’s winner on 84 minutes after a VAR review.center_img Paul Merson felt Lampard got his tactics wrong (Picture: Getty)‘I think Chelsea will need to go into the market next month. This is a crisis now. If other results go the wrong way for them, their lead [over the top-four] could be down to two points.‘They’ve got Tottenham away next. It’s hard for them now. I think they have to go in the market. This squad, for me, doesn’t get into the top four.’Lampard, meanwhile, reflected on a disappointing performance from his Chelsea side.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesHe said: ‘It’s a home loss. Not good enough from us which is the story at the minute. We need to be better.‘We needed more urgency and we have to make it more difficult for them.‘Top teams show consistency and that’s what we’re striving for. There’s a lot of work to do.’MORE: Jermaine Jenas sends surprising message to Chelsea board after Bournemouth defeat Advertisement Advertisementlast_img read more

Stunning character home hits the market

first_img12-14 Brentnall Street, MystertonOwner Richard Fairley, the Townsville Grammar School principal, enjoyed 11 years in the home with his wife and two children.Mr Fairley has announced his retirement and the family now plan to move south.He said his children were upset the house had been put on the market as so many happy memories had been shared there. 12-14 Brentnall Street, MystertonMr Keyes said the property had everything buyers were looking for in a home in Mysterton and he expected it to pull at people’s heartstrings.“Leafy quiet streets with the big block and a grand Queenslander is what people come to Mysterton for,” he said.“There is no doubt character homes are far more emotive than clinical contemporary homes where every second home is a cookie cutter version of the one next door.“These homes really do stir up those emotions.” 12-14 Brentnall Street, MystertonKeyes & Co principal and selling agent Damien Keyes said it was rare to come across a property with so much character.“It’s definitely maintained its character appeal and that hasn’t been compromised,” he said.“The position on the block being on the corner still allows a nice big pool to be added without losing any yard space out the front and down the side.“We’ve had a mix of families looking at it and it caters to both.“It would certainly suit someone looking to come from a larger two-storey property to a property on a low level.” 12-14 Brentnall Street, Mysterton“It’s truly beyond belief to come home to this house every day and walk through the front door when you have such a sense of history and character,” he said.“These homes were built for the climate and the peace and tranquillity that pervades the ambience of the house is just magical.“I love the front veranda and to be able to enjoy a moment of peace and solitude on that veranda and listen to the birds and feel the morning breeze … it’s just an amazing place to have.“As a family we just have so many happy memories of friends visiting and children growing up.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“Mysterton has to be the best-kept secret in Townsville because it’s such a small suburb. It’s literally just a couple of streets and it’s just such a character suburb.” 12-14 Brentnall Street, MystertonIN GREEN and leafy Mysterton, behind a white picket fence, is 12-14 Brentnall St. The house, it is believed, was only the second to be built in the tightly held suburb, renowned for its Queenslanders and character homes. Now the historic house will go to auction on October 10. 12-14 Brentnall Street, MystertonThe immaculate home is set on a 971sq m corner block and has character features such as tongue and groove panelling, casement windows, timber louvres and high ceilings.Three of the bedrooms are double in size while the spacious master bedroom is surrounded by timber louvres and casements with access to the enclosed veranda.The lawns and gardens can be kept green all year round with a well with pump supplying water. 12-14 Brentnall Street, Mysterton For more information callDamien Keyes on 0418 781 421.last_img read more

Joseph Mariathasan: Creating value in private equity buyouts

first_imgGPs, it is generally held, can add value in three ways. The first is by leveraging the transaction and repaying the debt before selling the company. If the enterprise value remains unchanged, replacing debt by equity by using internal cashflows to pay off debt would make the equity holders better off.The second way is by improving the operations of the portfolio company, and the third is by selling the company at a higher price/earnings valuation multiple than the multiple for which it was bought.According to Vasvari, the LBS research is based on greatly improved datasets than were available in the past. These are primarily from Standard & Poor’s Capital IQ database, supplemented by a number of other sources. The private equity dataset is improving all the time – US pension funds have been forced to disclose information on their PE investment cashflows and fees, and more GPs are realising there is value to be gained indirectly, at least for them, by creating greater transparency. As a result, the conclusions are not only more robust but overthrow, the LBS team argues, some of the negative results of previous studies comparing listed and private equity.The LBS report argues that value creation is initiated at the moment of acquisition, as, on average, private equity funds pay EBITDA multiples that are more than 8% lower than the valuation multiples paid by public corporations for similar deals. These discounts are particularly significant at the smaller end of the market, where there is less competition. This is perhaps unsurprising, as trade buyers may be prepared to pay higher prices because they can generate synergies with their existing businesses PE firms cannot (although another reason suggested is that GPs are likely to be better negotiators than their public peers).LBS also finds that GPs managing smaller funds of less than $500m (€448m) tend to generate the most post-acquisition sales growth at portfolio companies. They attribute this to a strategic  focus on effective investments in growth, and capital expenditures without increasing leverage. In contrast, GPs managing large funds pursue greater operational improvements, as opposed to growth strategies, as their companies show much greater EBITDA growth than the companies owned by smaller funds.The report finds evidence of persistence of outperformance. Established GPs with management of 10 or more funds achieve significantly higher EBITDA and asset growth than the less-established GPs. They also make greater investments partly funded by debt. LBS attributes this to GPs with more funds under management having developed deeper knowledge on the operational side, whereas newer GPs appear to focus on sales growth.Another interesting finding is that, relative to benchmark non-PE-owned firms, matched year by year, industry and other characteristics, companies acquired by private equity firms increase their leverage, operating profitability, assets and sales over the first three years of PE ownership. LBS argues that this shows that GPs, while focused on growth, are also generating significant operational improvements.The LBS research is interesting as a statistical exercise in providing evidence of value creation. For investors, the question that was not asked may be just as relevant – would a passive listed equity fund leveraged to the same extent as the average private equity fund covering the same region underperform or outperform the average private equity fund net of fees? If that can ever be proven, then private equity may be an asset class in which every pension fund should invest. Joseph Mariathasan is a contributing editor at IPE Joseph Mariathasan considers London Business School research aiming to quantify PE’s true valueA key plank of private equity (PE) investment has been the claim PE firms can create more value through ownership than owners of publicly listed companies. Professor Florin Vasvari and his colleagues at the London Business School (LBS) have recently published some research that attempts to quantify evidence of how value is being added. This research is important in the ongoing debate as to whether and how PE adds value, and whether PE firms can justify the fees they charge.Because general partners (GPs) of private equity firms usually control the boards of their portfolio companies, they are generally more actively involved in governance than the directors and shareholders of publicly listed companies. Many GPs would also try to use their own industry and operating expertise to add value while structuring strong equity-based incentive schemes for the company senior management.Many recent studies quoted by LBS provide strong evidence that LBOs create value by significantly improving the operating performance of acquired companies. Some also argue that leverage can improve performance through the discipline it imposes on management, putting pressure on them not to waste money or misappropriate resources. last_img read more

UCL: Hazard boost for Real Madrid after two months blackout

first_imgEden Hazard is due to make his long-awaited return for Real Madrid in a Champions League blow for Manchester City.Advertisement Loading… The winger, 29, last played on November 26 in a European clash with Paris Saint-Germain, limping off injured. Promoted ContentWho Earns More Than Ronaldo?7 Ways To Understand Your Girlfriend BetterCouples Who Celebrated Their Union In A Unique, Unforgettable WayBirds Enjoy Living In A Gallery Space Created For ThemLook At Something Beautiful That Wasn’t Made By A Human BeingWhat Happens To Your Brain When You Play Too Much Video Games?Top Tastiest Foods From All Over The WorldFascinating Ceilings From Different CountriesTop 7 Best Car Manufacturers Of All TimeThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreWho’s The Best Car Manufacturer Of All Time?5 Of The World’s Most Unique Theme Parks He was initially expected only to be out of action for a brief spell but it was confirmed by his club he actually suffered a small fracture in his ankle.But according to AS, he is ready to make his comeback in Thursday’s Copa del Rey quarter-final at home to Real Sociedad.And with three weeks to go until the first leg of the Champions League tie, Hazard’s return could spell bad news for Pep Guardiola.The City chief is already sweating on the fitness of Raheem Sterling, who is desperately hoping to be fit after pulling his hamstring in the defeat at Tottenham on Sunday.And now his stuttering defence is set to face one of the most dangerous forwards in world football as they continue their quest to win a maiden Champions League crown.Hazard made his move from Chelsea to Real Madrid last summer in a deal worth up to £150m but did not make his debut until September 14 due to his own hamstring struggles.Eden Hazard set to make Real Madrid return after two months out injured in Champions League blow to Man City https://t.co/XzgeMUA05w pic.twitter.com/09cPuHLIPc— CleanSheet (@Cleansheet) February 4, 2020Read Also: La Liga: Barcelon’s Dembele out with badly torn hamstringHis only goal came in the 4-2 win over Granada on October 5 while he has picked up four assists.Despite a slow start, his performances were improving before he was crocked against PSG.The Belgium captain has missed 14 matches during his most recent spell on the sidelines, including the LaLiga games against Barcelona and at home to Atletico Madrid, as well as the Supercopa against their city rivals.FacebookTwitterWhatsAppEmail分享 last_img read more

Lennon welcomes Cliftonville clash

first_imgNeil Lennon is relishing the opportunity to take charge of a competitive match in his homeland for the first time as Celtic prepare to take on Cliftonville. Press Association The Hoops will face the Northern Ireland champions in the second qualifying round of the Champions League, with the first leg set to take place at Parkhead on July 16 or 17 before the return in Belfast. Should they overcome Cliftonville, Celtic – who progressed to the last 16 last season – will need to get through two more qualifying rounds to reach the group stage. Lennon told the club’s website: “It will be the first time I will have taken Celtic to a competitive game back home so that is something to look forward to.” center_img He added: “But we will be totally motivated, obviously, to play as strongly as we can and try to win the tie. It’s a great draw – a great draw for Cliftonville as well I would imagine. It will create a lot of interest back in Belfast but I am very wary of the tie. “I know Gerard Lawlor, the chairman, very well and I know he will be absolutely delighted with the draw – and there will be a lot of familiar faces. We have three ties this year and our short-term priority will be to qualify for the group stages, which would mean a lot to everyone associated with the club. I’m not expecting us to have the same impact as last season but you just never know.” Cliftonville first-team coach Gerard Lyttle hailed the pairing with Celtic as a dream draw. He told Press Association Sport: “We will be big underdogs and everyone will write us off but we will go there with a game plan and I just hope the players don’t get stage fright. “We didn’t get together for the draw, there were lots of players working but with social media we all soon found out. It is everyone’s dream. We had a good season, won the double and got pipped at the post for the treble so this is just the icing on the cake. “When the draw was regionalised we knew we had a one in five chance of getting Celtic. We started pre-season on Saturday and will be working most of the week. I don’t expect the treatment table to be full. Everyone will be buzzing.” The draw in Nyon, Switzerland also saw Welsh champions The New Saints drawn against Legia Warsaw, while Irish champions Sligo Rovers take on Molde, who are managed by former Manchester United striker Ole Gunnar Solskjaer. last_img read more

SpaceX To Launch Human Ashes Into Orbit

first_imgAn upcoming SpaceX launch is slated to carry human ashes, or “cremains” into orbit for a “funeral flight.” Lift-off of the Falcon Heavy rocket from Florida is scheduled sometime between this Tuesday morning and Wednesday afternoon depending on weather conditions. In addition to a payload of 24 satellites (including one with NASA’s Deep Space Atomic Clock), the Falcon Heavy will be carrying the ashes of 152 humans.The remains are in capsules provided by Celestis Memorial Spaceflights.The company pays for any available location in a space flight to carry the cremated remains of its clients who spend between $5000 and $12,000 for the service.last_img

Beat writers predict how far Syracuse will go in CHA playoff

first_img Facebook Twitter Google+ Published on March 4, 2020 at 11:01 pm Syracuse (13-19-2, 11-7-2 College Hockey America) finished the 2019-20 regular season third in the conference, four points behind second and without a first-round bye. It’s the exact situation the Orange were in last season before they rattled off three-straight victories and won the program’s first ever CHA title and bid to the NCAA tournament. Starting Thursday, SU will begin its quest to repeat as champions against 6th-seeded Lindenwood.Below, our ice hockey beat writers predict how Syracuse will fare in Buffalo this weekend.Mitchell BannonNo Small TaskFinals lossBarring upsets, three teams stand between SU and back-to-back CHA championships: Lindenwood, Robert Morris and Mercyhurst. The Orange swept the season series against the Lions, split the four games against the Colonials and won only one against the Lakers. They have beaten every team they could face on their path back to the NCAA tournament, but they have also lost to all but one.All season, Syracuse has struggled on the power play, in shooting efficiency and closing out games, but conference play success came on the back of strong goaltending. And with Ady Cohen missing senior night with a “bad illness,” according to coach Paul Flanagan, SU’s repeat hopes likely fall on Allison Small. Small started the season with an .877 save percentage in non-conference play, but her rate rose to .921 by the end of the season — losing only four of her last 12 starts. If Small can carry her recent success into the final week of the season, the Orange have a chance at repeating, but in a single-elimination format there is no room for error.AdvertisementThis is placeholder textWill HentschelBuffalo Soldiering OnSemifinal lossSyracuse had its worst start in program history at the beginning of this season but found its stride once their conference season began. Lindenwood is the only conference team the Orange have not lost to, and I don’t see their Thursday match faring any differently. However, after Lindenwood, it’s hard to imagine Syracuse fending off two more well-rounded teams in consecutive games to clinch the title. Syracuse’s lack of special teams production will finally catch up to it, and any success it does have will result from defense and goaltending.Gaurav ShettyOne and DoneSemifinal lossSyracuse beat Lindenwood by a combined score of 31-3. Even though the Lions had to play a skater in net for two of those games that should tell you everything you need to know about Lindenwood. Barring a serious turn of events Syracuse should top Lindenwood without a hitch. The challenge arrives when the Orange would play Robert Morris in the semifinals. The Colonials have one of the best offenses in the country and an elite power play. If the Colonials come out of the gate firing, the Orange may have the firepower but not the accuracy to go blow for blow. There’s no going back-to-back for this group. Commentslast_img read more

Frissora leadership departure sees ‘Caesars in play’

first_img StumbleUpon John Williamson to oversee UK Tote Group’s international growth August 28, 2020 Revenues down 11% but product depth helps GVC through lockdown July 16, 2020 Share Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Share Submit Related Articles The confirmed departure of Mark Frissora as President & Chief Executive of Caesars Entertainment has triggered fresh rumours regarding the future of the legacy US casino operator.This morning, the New York Post reported that the governance of MGM Resorts had hired Morgan Stanley and law firm Weil, Gotshal & Manges to act as corporate advisors, examining a potential $20 billion merger.‘Everyone knows that without Frissora, Caesars is in play’ details a source to The Post.An MGM-Caesars merger would certainly please Caesars Entertainment’s long-suffering debt holders who have stuck with the company through its 2-year Chapter 11 bankruptcy restructure (2015-2017).Nevertheless, an MGM-Caesars tie-up would face extreme competition scrutiny from the US Federal Trade Commission, as the merged entity would operate more than half the casino and entertainment properties of Las Vegas and Atlantic City.Furthermore, an MGM merger would have to appease the numerous private equity firms invested in Caesars, with business insiders detailing potential conflicts related to any transaction.Despite its troubled history and a credit to Frissora’s leadership, Caesars remains an attractive proposition with multiple options.With Caesars’ governance seeking to expand the firm’s footprint beyond it’s the Vegas strip, Caesars may well be tempted to partner with US rival Wynn Resorts (current value $18 billion) securing a significant Asian market presence.Further rumours see Asian giant Genting Malaysia eyeing Caesars as its US market platform, or Caesars continuing to act alone but targeting strategic investments in Canada and Japan, whilst further diversifying its business ‘beyond gambling’ as an entertainment property.last_img read more

Nathan Eovaldi injury update: Red Sox starter will reportedly have elbow surgery, could miss 4-6 weeks

first_imgNathan Eovaldi does not appear like he’ll be returning to the mound anytime soon.The 29-year-old Red Sox starter will undergo surgery Tuesday to remove “loose bodies” in his right elbow, according to a report from The Athletic, which cites an unidentified league source. Eovaldi had a similar procedure while with the Rays in 2018. #RedSox right-hander Nathan Eovaldi will undergo surgery tomorrow to remove the loose bodies in his elbow, a source tells The Athletic. Had similar procedure in 2018 and missed two months while with #Rays .— Ken Rosenthal (@Ken_Rosenthal) April 22, 2019WEEI later reported Eovaldi is expected to miss at least four to six weeks.MORE: Watch ‘ChangeUp,’ a new MLB live whiparound show on DAZNPer source: Eovaldi out 4-6 weeks with loose body removal in elbow. Similar to last season— Rob Bradford (@bradfo) April 22, 2019Eovaldi, who was originally placed on the injured list Saturday, is 0-0 with a 6.00 ERA in four appearances in 2019. He had his best start of the season last week when he allowed just one unearned run and three hits in six innings of work against the Yankees.“It’s just frustrating when you’re coming off a good outing and you’re taking the right steps forward, and you have to have this and you just can’t throw,” Eovaldi said last week, via ESPN. “For me to not be able to get full extension, I can’t throw like that.”The right-hander has pitched for five teams over his nine-year career. He joined the Red Sox last July in a trade with the Rays and helped them to their fourth World Series championship since 2004.Eovaldi was 2-1 with a 1.61 ERA in the postseason, his only loss coming in the Red Sox’s 18-inning loss to the Dodgers in Game 3. During the offseason, Eovaldi re-signed with the Red Sox for four years and a reported $67.5 million.The Red Sox began 2019 with a 2-8 record but improved to 9-13 after a sweep of the Rays over the weekend. They’ll begin a four-game series against the Tigers with a doubleheader Tuesday after the teams’ Monday matchup was postponed.last_img read more