Janet Jackson is pregnant with her first child at age 49, Us Weekly reports.
Last month, the superstar announced that she was delaying her Unbreakable World Tour to plan a family with her husband, Wissam Al Mana.
Photo Getty Images
On April 6, Janet Jackson revealed on Facebook that she was under “doctor’s orders” to rest.
In her video message, Janet Jackson, who turns 50 on May 16, said: “Hey, you guys. On August 31, I launched the Unbreakable World Tour.
“We’re in the second leg of the tour and there actually has been a sudden change. I thought it was important that you be the first to know. My husband and I are planning our family, so I’m going to have to delay the tour.”
Janet Jackson secretly wed Wissam Al Mana in 2012, but didn’t confirm the news until early 2013.
According to a new report, Prince was scheduled to meet with an addiction specialist to help curb his reliance on painkillers the day that he died.
Prince’s team requested emergency support from leading addiction specialist Dr. Howard Kornfeld just a day before the singer died.
Dr. Howard Kornfeld was unable to make it from California to Minnesota immediately but sent his son.
In a strange turn of events, it was his son, Dr. Andrew Kornfeld, who called police after joining Prince’s staff to search for the missing singer.
The Kornfelds’ lawyer, William Mauzy, said neither had met Prince before his death.
William Mauzy told reporters on May 4 that Prince’s team contacted Dr. Howard Kornfeld on April 20, the day before Prince died.
Unable to make it to Minnesota, Dr. Howard Kornfeld dispatched his son, Andrew, and called a local doctor, who cleared his morning schedule to stabilize the singer.
Photo Getty Images
When Dr. Andrew Kornfeld arrived at Prince’s Paisley Park home, he was told that the singer was missing. He joined members of staff to search the property and made the emergency call when Prince’s unresponsive body was found.
William Mauzy said the plan was to stabilize the musician in Minnesota, before flying him to California to seek treatment at Dr. Andrew Kornfeld’s Recovery Without Walls rehab centre in Mill Valley.
The lawyer confirmed that Dr. Andrew Kornfeld had been interviewed by police, but was protected by Minnesota’s Good Samaritan law. The law offers some legal protections to those who make emergency calls, to encourage them to do so.
No details have been released from Prince’s autopsy report, but investigators are looking into whether the singer died from an overdose and if a doctor was prescribing him drugs in the weeks before his death.
They are also trying to establish whether a doctor was on Prince’s plane when it made an emergency landing less than a week before he died.
Prince was found unconscious on the plane after it stopped in Moline, Illinois, on April 15. Detectives investigating the musician’s death have asked to see fire and ambulance records related to the emergency landing.
It also emerged on May 4 that emergency calls were made from the Paisley Park complex 46 times in the past five years.
A log released by Minnesota authorities showed the 911 calls related to everything from medical emergencies to false fire alarms.
It included one call in 2011 in which an unidentified woman said she was concerned about Prince’s cocaine use, but no police action was taken.
John Kasich has decided to suspend his presidential campaign after struggling to gain traction against Republican front-runner Donald Trump.
The Ohio governor did not have a path to secure the nomination outright, but pledged to lobby for his candidacy during the Republican convention in July.
Donald Trump holds a commanding lead and is closing in on the nomination.
Despite being a popular governor, John Kasich only won his home state.
Texas Senator Ted Cruz dropped out of the race on May 3 after losing to Donald Trump in the Indiana primary.
John Kasich canceled events in Washington and announced an evening event in his home state on May 4.
Earlier, John Kasich released a Star-Wars themed advert describing himself as the “only hope” against Donald Trump.
Blocking from winning the nomination outright, John Kasich and Ted Cruz had hoped to force a contested convention, in which party officials, not voters, choose for the nominee.
Now it is all but certain Donald Trump will have the 1,237 delegates needed to become the nominee before the July convention in Cleveland, Ohio.
John Kasich had been widely seen as the most moderate and electable Republican candidate and polled well against Hillary Clinton, the likely Democratic nominee.
However, John Kasich’s general election strength did not garner him enough support among Republican primary voters.
The Ohio governor promoted an optimistic message while campaigning, shunning negative attacks against other candidates.
Florida Senator Marco Rubio, who dropped out in March, garnered more delegates than John Kasich during primary elections.
Ted Cruz and John Kasich had announced an alliance to stop Donald Trump and “to ensure that we nominate a Republican who can unify the Republican Party and win in November” prior to the Indiana, New Mexico and Oregon state primaries, but that quickly crumbled.
Republicans are now divided over whether to support Donald Trump as the Republican nominee.
John Kasich’s name has been floated as a possible vice presidential pick but he has denied that he would accept a nomination.
Each day, hundreds of thousands of workers head into factories for their nine to five shifts. They work long and hard, producing items that will be in every home and business across the country. And every day, it seems that these workers are risking their lives. A recent report has revealed that manufacturing has one of the highest mortality rates compared to any other industry. Over one hundred deaths were reported and recorded last year. You might be wondering how this could be. These workers aren’t walking into a war-torn country. They spend their day in a controlled environment that should have a high level of safety. But it seems things are slipping through the cracks. So what are the dangers of working in a factory like this?
It’s likely that the high mortality rate is at least partially caused by environmental conditions. It shouldn’t be the case but in some factories, owners aren’t doing enough to keep the shop floor, safe. When you’re chopping wood or cutting metal, dust floods the air. If this occurs, it can get into your lungs and even stick to your clothes. You can take it home with you and then it affects your family’s health as well. There’s a simple solution and that’s to install dust collection pipes. But it seems factory owners are still rolling the dice with their employee’s health and cutting corners. Due to this, it’s not uncommon for factory workers to enter the hospital with breathing difficulties.
We imagine that mortality rate is also caused by what’s expected from these workers. Workers in manufacturing plants are often lifting heavy materials. One slip or trip and it could very well be game over. In this example, it’s human error more than anything else playing its part. We underestimate just how dangerous these jobs are. These factories aren’t quite as safe as you might have been led to believe.
A factory should be the place where health and safety regulations are at their highest point. But again, this isn’t always true. In fact, businesses would rather reduce health and safety levels if it means work is completely more rapidly. Manufacturers are being pushed to cut costs where they can. Part of these cost cutting schemes could be endangering the lives of their workers.
Lastly, there’s the issue of malfunctioning machinery and poor equipment. It’s not uncommon for businesses to cut corners in manufacturing by using, older, cheaper equipment. This isn’t as reliable and may be nearing the point where it’s dangerous to use. But rather than replace it, business owners keep this equipment on the shop floor. It will only be replaced if there is an accident, at which point it’s too late. The damage has already been done. Manufacturers should be getting their equipment checked regularly to make sure it’s still in good working order.
It seems clear that more needs to be done to protect the workers in our factories. Unfortunately, that responsibility largely falls on the shoulders of the business owner.
Members of South Africa’s opposition party Economic Freedom Fighters (EFF) have been removed from parliament after they tried to block President Jacob Zuma from speaking.
EFF lawmakers heckled and chanted “Zuma leave the house” during the president’s first appearance in parliament since two damning court rulings against him.
The speaker ordered security officers to throw them out.
On April 29, a court said that Jacob Zuma should be charged with corruption.
The case is related to a multi-billion dollar arms deal the government negotiated in 1999.
Photo EPA
South Africa’s Constitutional Court ruled that Jacob Zuma had violated the constitution when he failed to repay government money used to upgrade his private home in the rural area of Nkandla.
Jacob Zuma denies any wrongdoing, and says he will continue to “shepherd” the nation. His term is due to end in 2019.
Punches were exchanged and parliamentary benches knocked over as plain-clothed security officers dragged the EFF MPs out of their seats and evicted them from the chamber, AFP news agency reports.
The lawmakers had earlier denounced Jacob Zuma as an “illegitimate” ruler who should step down.
The High Court said on April 29 that prosecutors should review their 2009 decision to drop 783 charges of corruption, fraud and racketeering against Jacob Zuma over the arms deal.
After the Constitutional Court ruling, the main opposition party, the Democratic Alliance, failed in a bid to impeach Jacob Zuma after the governing African National Congress (ANC) rallied behind him in parliament.
Chinese company Xintong Tiandi Technology which sells handbags and other leather goods can continue to use the name “iPhone” after Apple lost the trademark fight in China.
The Beijing Municipal High People’s Court ruled in favor of Xintong Tiandi, the official Legal Daily newspaper reported.
Xintong Tiandi trademarked “IPHONE” for leather products in China in 2010.
Apple filed a trademark bid for the name for electronic goods in 2002, but it was not approved until 2013.
The Legal Daily is widely recognized as the official mouthpiece for China’s Central Political and Legal Affairs Commission. Its report came out in late April but has only just been widely circulated.
Xintong Tiandi sells handbags, mobile phone cases and other leather goods branded with the name “IPHONE” and the “R” registered trademark symbol.
Apple first brought the case against the company to the Chinese trademark authority in 2012. When that failed, Apple filed a lawsuit in a lower Beijing court.
Both ruled against Apple, so the tech giant appealed to the higher court.
The higher court ruled that Apple could not prove it was a well-known brand in China before Xintong Tiandi filed its trademark application in 2007.
Apple iPhones first went on sale in China in 2009.
The ruling comes close to Apple’s latest quarterly earnings report which showed a 13% drop in revenue on slower iPhone sales. Sales in China had plunged by 26%.
Apple is also facing difficulties in other operations in China. In March, Beijing passed a law that required all content shown in China to be stored on servers based on the Chinese mainland.
The move has widely been seen as a blow to Apple as China is the second biggest market for its products.
Fiat Chrysler and Google have signed a deal to double the size of the tech giant’s fleet of self-driving cars.
The auto maker will supply 100 Chrysler Pacifica vans and provide engineers to help integrate the technology.
Fiat and Google described the deal as the most advanced partnership to date between Silicon Valley and a traditional auto maker.
Google wants to add more vehicles to its fleet to increase the amount of road testing it does.
Fiat CEO Srgio Marchionne has in the past raised also concerns about the tech industry’s impact on the auto makers.
Photo Google
Sergio Marchionne called tech companies moving into the sector “disruptive interlopers” and questioned the caliber of the vehicles they could produce.
John Krafcik, Google’s head of self-driving cars, said: “The opportunity to work closely with [Fiat] engineers will accelerate our efforts to develop a fully self-driving car that will make our roads safer.”
Google has said it believes driverless cars could be ready to goes on sale by 2020.
The announcement of the partnership came a week after Astro Teller, the head of “Moon Shots” at Google said the driverless cars project may soon move from under the umbrella of the Google X division that focuses on futuristic innovations and projects.
Google will own the Fiat cars, and both companies will be free to work with other companies to develop driverless technology.
The deal could propel Fiat to the head of the self-driving pack and position it to become a major manufacture for Google.
Family is what keeps us happy and healthy, the most important part of our lives. Being close to our family is one of the first things we learn ever since we are born. Our parents raise us, and teach us so that we know how to overcome every challenge that life has for us. One of the main things that our parents also teach us is how to communicate.
Communication is vital for the society we live in. We need to communicate with people around us in order to fulfill many tasks and achieve the goals we set. We also need to communicate so that we don’t feel lonely and keep our spirits up. For that reason, communication is one of the headstones that keep a family together. We need to communicate with our family, not only to keep in touch, but also to maintain a healthy relationship with them and this makes us feel happy, too. We never know what the future holds; sometimes we are meant to live miles away from our loved ones. We might have to travel for work, or simply decide to live in another city or country.
How VoIP and the Internet replaced letters
We live in a society where everything is based on fast communication and internet. Not many people take the time to write letters, they simply choose to send a text message instead. The Internet allows us to communicate in real time with people all over the world. A few centuries ago, no one would have thought that something like this would be possible.
Mobile phones are really handy and easy to use. Nowadays, everyone has a mobile phone, regardless of their age. Children and teenagers are born in the era of technology, on the other hand, adults and seniors get access to a wide range of communication devices. No matter how far we are from our parents and family, we feel close to them thanks to mobile phones. We could even say that we are only a phone call away. The technology comes in handy especially with our busy schedules, which do not allow us to visit the ones we love as often as we would like to. Even 10 minutes a day of speaking with our family can give us a boost of energy and good mood. If your family lives abroad, you can use international prepaid cards like Enjoy Prepaid to communicate with them at the lowest prices possible. This service allows you to talk to your beloved ones either from your phone or the computer. It is extremely easy to use and cheap, bringing the ones you love closer in no time at all.
Use communication to your advantage
The absence of communication of the kids with their parents can affect their future life, their behaviour and even their character. Once they get at a certain age, children can experience communication problems and become introverts, they might also suffer from trust issues. A few minutes a day children spend talking with their parents will ensure the healthy and happy development of the child. Often communication maintains a healthy relationship and a healthy mind, too!
Chanel has staged the first international fashion show in Cuba since the 1959 communist revolution.
World celebrities gathered in Havana at the Prado promenade turned into a catwalk for Chanel’s Cruise collection, even though the French fashion house’s goods are not sold in Cuba.
Ordinary Cubans were held behind police lines around the event venue, and many voiced their frustration.
Chanel’s show is the latest sign in Cuba’s warming relations with the West.
Earlier this week, a US cruise ship docked in Havana after sailing from Miami – the first such crossing in more than 50 years.
Cuba and the US restored diplomatic relations in 2015.
Celebrities – including actor Vin Diesel and supermodel Gisele Bundchen – attended the show at the Prado promenade to see Chanel’s leading designer Karl Lagerfeld displaying the new collection.
Karl Lagerfeld said the line was inspired by Cuba’s “cultural richness”.
However, Havana residents could only watch from behind the security cordon lines as VIP guests arrived at the show in specially rented antique American sedans.
Donald Trump’s victory in Indiana has made him the Republican presidential nominee as rival Ted Cruz has been forced to pull out from the race.
The New York businessman, unpopular with many in his own party, now has a clear path to the 1,237 delegates needed to claim his party’s crown.
That would mark a stunning victory for a businessman few took seriously when he launched his campaign in 2015.
Meanwhile, Bernie Sanders has defeated Hillary Clinton in Indiana’s Democratic race.
Bernie Sanders trails Hillary Clinton in the all-important delegate count but after this victory he said the contest was still alive.
“Clinton campaign thinks this campaign is over. They’re wrong,” he said.
Ted Cruz’s advisers had targeted Indiana as the Texas senator’s best hope of halting Donald Trump’s march to the nomination.
Photo Getty Images
“We gave it everything we’ve got, but the voters chose another path,” Ted Cruz told supporters in Indiana.
Ted Cruz’s departure means Donald Trump is now the presumptive Republican nominee, with plenty of state contests this month and next to reach the 1,237 delegates required to win.
Donald Trump is the first nominee since Dwight Eisenhower in 1952 to lack any previous experience of elected office.
Ohio Governor John Kasich has vowed to remain in the Republican race, but trails far behind Donald Trump in terms of delegates.
“It is a beautiful thing to watch, and a beautiful thing to behold,” Donald Trump said during a victory speech in Indiana.
“We are going to make America great again.”
Donald Trump praised Ted Cruz as a “tough, smart competitor”, which marked a sharp reversal in tone after a day when the two men slung mud at each other from close quarters.
The verbal attacks reached a new level of intensity when Ted Cruz attacked Donald Trump as a “pathological liar” and “serial philanderer”.
That was provoked by a bizarre claim from Donald Trump that Ted Cruz’s father was linked to one of the most traumatic episodes in US history, the assassination of President John F. Kennedy.
It is now increasingly likely that Donald Trump will face Hillary Clinton in the autumn in the battle to succeed President Barack Obama, who will be leaving the White House after two terms.
However, Republicans have expressed reservations about Donald Trump’s outspoken remarks, which have offended women and Hispanics.
There are also concerns about some of Donald Trump’s policies on immigration and national security, like building a wall on the southern US border paid for by Mexico, a ban on Muslims coming to the US and the killing of the families of terrorists.
Ted Cruz has warned that America would “plunge into an abyss” if it elected Donald Trump.
The Texas senator spoke after Donald Trump suggested his father was connected to the man who killed President John F. Kennedy.
Donald Trump is poised to deliver a crushing blow to Ted Cruz as Indiana votes in the latest primary.
Ted Cruz’s advisers had targeted Indiana as the senator’s best hope of halting Donald Trump’s march to the nomination.
However, polls show Donald Trump with a sizeable lead in the mid-western state.
Ted Cruz attacked Donald Trump on May 3, calling the New York billionaire “totally amoral,” “a pathological liar” and “a serial philanderer”.
Responding, Donald Trump said “Ted Cruz is a desperate candidate trying to save his failing campaign.
Photo AP
“It is no surprise he has resorted to his usual tactics of over-the-top rhetoric that nobody believes.”
Ted Cruz and fellow candidate John Kasich are hoping to force a contested convention where party officials, not voters, choose the nominee.
If Donald Trump wins Indiana, he will likely reach the required 1,237 delegates to secure the nomination and avoid such a scenario.
Meanwhile in the Democratic battle, polls show Hillary Clinton and Bernie Sanders locked in a tight race in Indiana.
However, a Bernie Sanders win in Indiana would do little to erase Hillary Clinton’s commanding lead.
The Clinton campaign has shifted its focus to other states, opting not to actively campaign or spend money in Indiana.
Donald Trump told supporters on May 3 that he is eager turn his attention to the general election.
“You know if we win it’s over, and then I can focus,” he said at a campaign rally in the state.
Ted Cruz cannot get enough delegates to win the nomination outright, but hopes he can still deprive Donald Trump of a majority.
The third Republican candidate, John Kasich, is no longer campaigning in Indiana.
John Kasich and Ted Cruz reached a deal last month to coordinate their strategies against Donald Trump, a move which prompted Trump to label them “desperate”.
Brazil has welcomed the Olympic flame for the start of a torch relay that will culminate with the opening of the Olympic Games in Rio in August.
The flame was flown inside a small lantern on a special flight from the Swiss city of Geneva to Brasilia.
Brazil’s President Dilma Rousseff lit the Olympic torch which will be carried around Brazil by 12,000 runners.
It could be one of Dilma Rousseff’s last public acts ahead of a possible impeachment trial.
The Senate is expected to vote next week on whether proceedings against the president should go ahead.
If a simple majority votes in favor, Dilma Rousseff will be suspended from office for up to 180 days and Vice-President Michel Temer will take over.
Dilma Rousseff is accused of manipulating government accounts ahead of her re-election in 2014.
The Olympic torch will pass through more than 300 towns and cities from the Amazon to Brazil’s southern border, arriving at the Maracana Stadium in Rio on August 5.
Among the first torchbearers will be a Syrian refugee who now lives in Brazil.
The first torchbearer was Fabiana Claudino, who led Brazil to Olympic gold medals in women’s volleyball in the 2008 and 2012 games, and is team captain this time.
Brazilian mathematician Artur Avila Cordeiro de Melo ran the second leg.
HSBC has posted a 14% drop in profits for Q1 of 2016 following “extreme levels of volatility” in financial markets at the start of the year.
The banking giant’s profit before tax came in at $6.1 billion for Q1, down from $7.1 billion a year ago.
However, analysts had expected a far steeper fall in profits.
HSBC CEO Stuart Gulliver said the bank had been “resilient in tough market conditions”.
Adjusted pre-tax profits, including currency effects and one-off items, fell 18% to $5.4 billion.
HSBC cut almost a thousand jobs worldwide in Q1, leaving it with 254,212 full-time staff across 71 countries and territories.
Stuart Gulliver said HSBC was confident of hitting its $5 billion cost-cutting target by the end of 2017.
HSBC’s adjusted revenue for Q1 amounted to $13.9 billion, a 4% drop from the same time last year.
The bank also said the development of its Asian business was gaining momentum, “despite a challenging environment with key increases in market share in debt capital markets, China M&A and syndicated lending”.
Ahead of the results, analysts had warned HSBC might signal an end to its highly-valued progressive dividend, which delivers ever-increasing payouts.
However, HSBC maintained the progressive target and left its dividend unchanged from the same period last year at $0.10.
HSBC also announced that the $5.2 billion sale of its Brazil unit to banking giant Banco Bradesco received preliminary approval from competition regulators.
There are many reasons why you get insurance for things. It might be for a beloved pet that you want to be able to take care of, should they need it. It might even be for something like your smartphone or tablet, just incase anything happens to them. The idea of insurance is that we spend a little over time, to help us avoid spending a lot. In the worst case scenario, vet bills, hospital bills or even a new tablet, can cost a lot of money.
When you are a homeowner, there is nothing more important than getting home insurance. The cost of a new phone or a vet bill will be nothing compared to the cost of fire damage restoration if your home catches on fire. There are other things that could happen too, that you can’t plan for. What if a neighbor’s tree falls on your house? What if the lake near where you live floods, and your first floor gets soaked? There are a lot of possibilities, and you want to be covered in case of emergency. This is one of the best reasons why you should get home insurance.
If you have home insurance, you will also have your possessions covered. Can you imagine having someone rob your home and then you have to pay again, for everything that was taken? Another laptop, expensive watch, TV. All would need to be bought again at your expense. It is so handy to have insurance to cover the cost of these things. You get the actual cash value of the items or a replacement in most cases too. So if your TV was quite old, you might get a replacement that is even better. Another winning reason to have home insurance!
Buying a home is a big investment. It can cost a lot of money. A lot of people want to make sure that if, and when they sell, they get a lot of money back from their investment. One way that they choose to do this is by making changes to the home. It might be a loft conversion or a new kitchen or bathroom. Can you imagine having a floor fall through as you are having a new bathroom installed? An accident like that is covered using home insurance. Can you imagine if you had a child that spilled paint all over your brand new carpet? In most cases, home insurance would cover accidental damage like this too. So having home insurance helps to protect your investment. You would just be losing money if you were paying out for damages all the time.
If nothing else, having home insurance helps to provide you with peace of mind. Fingers crossed that you will never be someone that has a home in the path of a tornado. But just in case you ever were, home insurance is the best thing to have. Have you ever had any experiences of this? It would be interesting to hear your thoughts.
According to new reports, an alleged love child of late star Prince has come forward to claim his inheritance.
The un-named man has enlisted Heir Hunters International to help back his claim that Prince fathered him in the 1980s.
Prince had relations with hundreds of women around the world and now a man from Prince’s home state of Minnesota claims to be his son.
The man has contacted the genealogical and research firm in a bid to net his supposed father’s wealth.
Photo Instagram
Heir Hunters International claims to have handled cases in 30 countries and to have handled cases totaling well over one hundred million dollars.
The team is now working round the clock to pin down the genealogy of Prince’s alleged love child, the Daily Mail reported.
If the man’s bid is successful it’s believed he will take all of Prince’s $300 million fortune.However, if the man’s claim is found to be false, it’s believed the money could go to Prince’s sister, Tyka Nelson.
Heir Hunters are also dealing with a claim from a man who says he shares the same father as the late star and therefore is his half brother.
The company admits that they have been swamped with “hundreds” of similar claims, however, these are the only two they believe to be potentially legitimate.
“We have received hundreds of calls, emails and letters from people claiming to be either a child of Prince’s or offspring of Prince’s father,” it said.
“Obviously they all can’t be genuine claims, but we have established that at least two seem to be legitimate and will need further investigatio.”
J&J has been ordered to pay more than $55 million in compensation to Gloria Ristesund, who says the company’s talcum powder caused her ovarian cancer.
Gloria Ristesund, 62, said she used Johnson & Johnson’s talc-based powder products for decades.
J&J – which faces about 1,200 similar claims – insists its products are safe and says it will appeal.
Researchers say links with ovarian cancer are unproven.
In February, the pharmaceutical company paid $72 million in a similar case.
Gloria Ristesund was diagnosed with ovarian cancer in 2011 and had to undergo a hysterectomy and related surgeries. Her cancer is now in remission.
Following a three-week trial in a Missouri state court, Gloria Ristesund was awarded $5 million in compensatory damages and $50 million in punitive damages.
Gloria Ristesund’s lawyer, Jere Beasley, said his client was gratified with the verdict. The jury’s decision should “end the litigation”, he said, and force J&J to settle the remaining cases.
J&J spokeswoman Carol Goodrich said the verdict contradicted 30 years of research supporting the safety of cosmetic talc.
She said the company intends to appeal and will keep defending its products’ safety.
The case follows another one in February, in which J&J was ordered to pay $72 million to the family of a woman who claimed her death was linked to use of the company’s Baby Powder talc.
Jackie Fox from Birmingham, Alabama, who died of ovarian cancer in 2015 at the age of 62, had used the talc for decades.
Her family argued that J&J knew of talc risks and failed to warn users.
The company is appealing against that verdict, which sparked renewed interest in talc-powder lawsuits.
Lawyers accuse J&J of failing to warn that talc was linked to an increased risk for ovarian cancer – a claim the company denies. There are 1,200 other cases pending.
J&J shares were down 18 cents in after-hours trading to $112.57.
The head of South Korea’s 2018 Winter Olympics organizing committee, Cho Yang-ho, has resigned.
Cho Yang-ho said he wanted to focus on “urgent matters” with his business group, which includes the struggling Hanjin Shipping carrier, the Yonhap news agency reports.
Hanjin Shipping, South Korea’s largest shipper by assets, is facing severe financial difficulties and Cho Yang-ho needed to focus his efforts on restructuring and stabilizing the company.
Photo LA Times
Cho Yang-ho is the chairman of the Hanjin conglomerate, which also controls the nation’s flag carrier Korean Air, a corporate sponsor of the 2018 Games.
According to reports, Cho Yang-ho, who took on the role in 2014, was nearing the end of his two-year term.
The Winter Games are due to take place in Pyeongchang in February 2018.
In March, the International Olympic Committee (IOC) said it was confident South Korea’s preparations were “moving in the right direction”.
Cho Yang-ho said he had “truly put forward my very best efforts to work with every member of the organizing committee to prepare a successful Olympic and Paralympic Winter Games in 2018.”
He said he would “continue to support Pyeongchang through to the Games in 2018”.
In April, Hanjin Shipping said it would ask creditor banks to restructure its debt. It had debt of 5.6 trillion won ($4.92 billion) and a debt-to-equity ratio of nearly 850 percent as at the end of 2015, according to the company.
Brazil’s Supreme Court has been asked by Attorney General Rodrigo Janot to authorize the start of corruption investigations against prominent opposition leader Aecio Neves.
Senator Aecio Neves, who narrowly lost the 2014 election to President Dilma Rousseff, was previously included in a list of some 50 politicians thought to have taken bribes originating from state-run companies, including electricity company Furnas.
The case is linked to the huge corruption scandal that has rocked Brazilian politics over the past year.
Aecio Neves denies any wrongdoing.
If the Supreme Court agrees to open an investigation, the senator will be called to testify within 90 days, Folha de Sao Paulo newspaper reported.
The case is based on allegations made by Senator Delcidio Amaral as part of a plea bargain.
A former leader of the Workers’ Party in the Senate, Delcidio Amaral was arrested in November.
Senator Delcidio Amaral had been secretly recorded allegedly discussing plans to help a detained official flee Brazil in return for not implicating him in a major corruption scandal at Petrobras.
He was released in February after he agreed to testify against other suspects.
Delcidio Amaral said that Aecio Neves had received bribes from officials at Furnas.
He said the scheme was similar to that operated at Petrobras: Brazil’s top construction companies paid bribes to politicians, political parties and senior executives at the company in order to secure lucrative overpriced contracts.
Aecio Neves’s office rejected the allegations, with an aide telling reporters: “References to Senator Aecio’s name are all based on hearsay. There is no proof or evidence of any irregularity.
“These are old questions that have already been the subject of previous investigations, which were thrown out, or questions that have no relation to the senator.”
Rodrigo Janot has also requested the opening of a corruption probe against other senior politicians and officials, the Speaker of the lower house of Congress, Eduardo Cunha, and President Dilma Rousseff’s press secretary Edinho Silva.
Prince’s family has begun the process of dividing up the singer’s sizeable assets.
The iconic musician left no known will and his assets are estimated to be worth about $100 million.
Prince died at his Paisley Park compound outside Minneapolis, Minnesota, on April 21.
The singer’s sister, Tyka Nelson, and half-siblings are the apparent heirs to his estate, authorities have said.
Tyka Nelson and Prince’s half-sibling Alfred Jackson attended a hearing on May 2 at the Carver County courthouse in Minnesota, where lawyers began surveying the singer’s estate.
If no will is found, the state will determine how the money is divided up.
Photo Getty Images
During the short hearing, Judge Kevin Eide formally appointed Bremer Trust National Association as the special administration to oversee Prince’s probate case.
One attorney said there was an “ongoing search” for a will.
Investigators are still determining how Prince died at the age of 57.
Prescription painkillers were in Prince’s possession when he died. However, it is unclear what role, if any, those drugs may have played.
A law enforcement official confirmed to the Associated Press that investigators were looking into whether Prince died from a drug overdose and whether a doctor was prescribing him drugs in the weeks before his death.
According to ABC News, a vault containing unreleased Prince’s songs was found at his estate and will be drilled open by the company with temporary authority over his estate.
Prince told The View about his unreleased music in 2012.
Enough music was apparently left behind to release an album a year for the next century.
Donald Trump has accused China of “raping” the United States, in renewed criticism of the Asian country’s trade policy.
The Republican presidential front-runner told a rally in Indiana that China was responsible for “the greatest theft in the history of the world”.
Donald Trump has long accused China of manipulating its currency to make its exports more competitive globally.
This, the New York billionaire says, has badly damaged US businesses and workers.
On May 1, Donald Trump told the campaign rally: “We can’t continue to allow China to rape our country, and that’s what we’re doing.
“We’re going to turn it around, and we have the cards, don’t forget it,” he added. “We have a lot of power with China.”
Chinese PM Li Keqiang has said the US election “has been lively and has caught the eye”, but many in his country see it as more than that.
They consider Donald Trump an inspiration rather than an antagonist.
In his America First campaign manifesto, Donald Trump pledges to “cut a better deal with China that helps American businesses and workers compete”.
Donald Trump sets out four goals that include immediately declaring China “a currency manipulator” and putting “an end to China’s illegal export subsidies and lax labor and environmental standards”.
According to latest figures, the US trade deficit with China reached an all-time high of $365.7 billion in 2015. By February 2016 the trade deficit had already reached $57 billion.
This is the first time Donald Trump has used the word “rape” in the context of China and trade, but his campaign has been punctuated by inflammatory comments.
Australia stock market traded low on May 2 with the benchmark S&P ASX 200 finishing lower by 0.18% at 5,243 points.
Shares in Australia’s third largest lender, Westpac, closed down 3.54% on the Sydney stock market, after having lost as much as 5.7% earlier in the session.
Westpac reported a 3% rise in profits for the six months to March 2016.
Earnings rose to A$3.9 billion ($2.96 billion), however industry analysts were expecting the figure to come in just above A$4 billion.
Westpac has attributed the shortfall to higher debt charges.
Also in Australia, the country’s Treasurer Scott Morrison will deliver the federal budget for 2016-2017 on May 3. According to local media, there will be tax cuts for business in the budget.
However, ahead of the budget, the country’s central bank – The Reserve Bank of Australia – will hold its annual meeting on interest rates.
The key lending rate in Australia is at a record low of 2%.
Craig Wright has publicly identified himself as digital cash system Bitcoin creator Satoshi Nakamoto.
The Australian entrepreneur’s admission ends years of speculation about who came up with the original ideas underlying the virtual currency.
Craig Wright has provided technical proof to back up his claim using coins known to be owned by Bitcoin’s creator.
Prominent members of the Bitcoin community and its core development team have also confirmed Craig Wright’s claim.
He has revealed his identity to three media organizations – The Economist, the BBC and GQ magazine.
During a London proof session, Craig Wright digitally signed messages using cryptographic keys created during the early days of Bitcoin’s development, the BBC reported.
The keys are inextricably linked to blocks of Bitcoins known to have been created or “mined” by Satoshi Nakamoto.
Renowned cryptographer Hal Finney was one of the engineers who helped turn Craig Wright’s ideas into the Bitcoin protocol, he said.
Craig Wright said he planned to release information that would allow others to cryptographically verify that he is Satoshi Nakamoto.
Jon Matonis, an economist and one of the founding directors of the Bitcoin Foundation, said he was convinced that Craig Wright was who he claimed to be.
By going public, Craig Wright hopes to put an end to press speculation about the identity of Satoshi Nakamoto. Newsweek, The New Yorker, Fast Company and many other media organizations have all conducted long investigations seeking Bitcoin’s creator and named many different people as candidates.
In December 2015, two magazines, Gizmodo and Wired, named Craig Wright as a candidate after receiving documents believed to be stolen from him that revealed his involvement with the project.
Soon after these stories were published, authorities in Australia raided the home of Craig Wright. The Australian Taxation Office said the raid was linked to a long-running investigation into tax payments rather than Bitcoin.
The stories in December have led to many more journalists and others pursuing him and people he knows, Craig Wright said.
Bitcoins are now accepted as payment for a vast variety of goods and services.
There are currently about 15.5 million Bitcoins in circulation. Each one is worth about $449.
Satoshi Nakamoto is believed to amassed about one million Bitcoins which would give him a net worth, if all were converted to cash, of about $450 million.
