May 2

Group representing 85K landlords joins suit to stop CDC eviction ban

National Apartment Association CEO Bob Pinnegar and Health and Human Services secretary Alex Azar (NAA; Getty)A group representing 85,000 property owners who control 10 million apartments joined a lawsuit that seeks to stop the federal eviction ban.The National Apartment Association joined the suit, which is trying to invalidate the Centers for Disease Control and Prevention’s eviction ban. The action was filed Sept. 9 in the federal court in Georgia.It names the Secretary of Health and Human Services and the acting chief of staff of the CDC as defendants. The plaintiffs filed a separate motion for a temporary restraining order of the ban.“Eviction moratoria saddle the apartment industry solely with the responsibility of offering a service without compensation, all while operating at a potential deficit,” Bob Pinnegar, CEO of the National Apartment Association, said in a press release.The plaintiffs argue the federal eviction ban — announced Sept. 1 — places an unfair burden on landlords, who leased their properties with the understanding they could evict tenants who didn’t pay rent and recover control of their properties.The lawsuit contends the eviction order deprived Richard Lee Brown, a Virginia landlord, of the sole avenue to evict his nonpaying tenant, who owes $8,092 in rent for her $925-a-month apartment.The suit also alleges the CDC does not have the authority to make laws or issue an eviction order — and that doing so amounts to a constitutional violation.“CDC’s actions are not authorized by statute or regulation,” the complaint reads. “But even if they were, they are unprecedented in our history and are an affront to core constitutional limits on federal power.”The lawsuit is the latest seeking to dismantle an eviction moratorium meant to protect tenants hit hard by the pandemic. In numerous states, landlord groups have made similar arguments to combat the eviction bans, but have met with little success.In the wake of the CDC’s eviction moratorium — which President Donald Trump called for — evictions in 16 cities immediately plummeted, a Princeton University study found. The ban does not prevent evictions for reasons other than nonpayment, such as nonrenewal of lease, or for violating other terms of the lease. The ban, which lasts through the end of the year, also does not preclude states from passing stricter eviction rules of their own. This content is for subscribers only.Subscribe Now read more

December 16

Lucid Motors completes construction on first EV factory

first_imgAccelerating innovationThe all-new manufacturing system at AMP-1 embraces advanced processes, such as an aircraft-inspired riveted and bonded monocoque body structure replacing spot welds. This gives the Lucid Air state-of-the-art structural efficiency.As Lucid Motors rolls out the first Air models this spring, AMP-1 has the capacity to deliver up to 30,000 units per year. And in its final form, the manufacturing capacity will be up to 400,000 annually. Lucid Motors will begin production with the Lucid Air Dream Edition, followed quickly by Grand Touring and Touring models. The Lucid Air Pure joins the lineup in early 2022.AMP-1 at a glance• First greenfield factory in North America dedicated to electric vehicle manufacturing• Location: 590 acres in Casa Grande, Arizona• Construction time: Just under one year, now in the commissioning stage• Production capacity: 30,000 units per year initially, up to 400,000 units annually Just under a year after breaking ground in Casa Grande, Lucid Motors finished construction on its first electric vehicle factory and have entered the commissioning process. Known as Lucid AMP-1 (Advanced Manufacturing Plant), it’s not just a first for Lucid Motors, it’s also the first greenfield, dedicated EV factory to be built in North America.  The facility is nearly 1 million square feet and is located on a 590-acre site in Casa Grande.By 2028, Lucid plans to invest a total of more than $700 million in the plant, expanding it to more than 5 million square feet, and growing its manufacturing capacity to 400,000 vehicles per year.Future-readyAMP-1 was designed for what’s next. This spring it will start producing the groundbreaking Lucid Air. Looking forward, the site also allows for additional expansion, with the next phase expected to begin in 2021 – enabling production of Project Gravity, Lucid Motors’ premiere SUV.last_img read more

October 6

Euronav’s Quarterly Earnings Halved

first_imgBelgian tanker owner Euronav NV has ended the fourth quarter of 2016 with a net profit of USD 50 million, representing a significant drop from a net profit of USD 104.9 million seen in the same period a year earlier.The company’s revenue for the quarter stood at USD 146.2 million, down from USD 225.6 million reported in the same period a year earlier.“Euronav had an active Q4 resulting in a letter of award for our FSO joint venture for a five-year contract, refinancing over USD 400 million of company debt on better terms and duration plus executing a sale and leaseback on four vessels. This has further bolstered our already strong balance sheet and gives us the flexibility to navigate the tanker sector cycle from a position of strength,” Paddy Rodgers, CEO of Euronav, said.For the full year of 2016, the company’s net income was USD 203.7 million, compared to USD 350.3 million seen in 2015, while the revenue for the respective periods was at USD 684.2 million, down from USD 846.5 million.Rodgers added that tanker owner sentiment and behavior continues to be “relatively brittle” despite medium-term positive market fundamentals, while freight rates in what historically is the strongest quarter in any calendar year were subdued.Euronav expects that 2017 will present a number of challenges, including OPEC production cuts, peak delivery schedule of the order book, continued restricted access to finance and anemic owner confidence, which when combined, “are all likely to produce a difficult rate environment for 2017.”last_img read more

September 19

Board to decide on Goroka’s hosting rights

first_imgRugby League BY BENJAMIN KOITAKA The PNG National Rugby League board will decide on whether Goroka in Eastern Highlands will host any of its games starting next year. The competition manager Stanley Hondina (pictured) said the fate of Goroka to host any of its home games next season will be left for the board to decide. Hondina described the incident as isolated and a failure on the part of the games organizers to provide security on game-day. “It’s a wake-up call for Goroka franchise club to improve on that, if it happens to host games again,” Hondina said. “The game management was a bit of lacking with the presence of the police to safeguard the perimeters of the venue. “It’s an isolated incident but whatever happens next year is for the board to decide, as it would be premature for me to say cancel all the games in Goroka forever.” Hondina said he had met the National Sports Institute management and the Bintangor Goroka Lahanis franchise owner Simon Sia after the incident and Sia had agreed to meet the costs of the damages. “We had a meeting right after the game with NSI and Simon Sia to come to terms and the costs of the damage done and Simon Sia to pay for that. “Irrespective to that, the board made a decision that the remaining game (this year) shall not be played in Goroka. “It’s a dead and close issue but we are mindful of the passion they have (for rugby league). Hondina said the incident happened a fortnight ago when Lahanis hosted the reigning premiers Lae Snax Tigers in the round 8 clash that saw spectators set fire to a bush material (kunai gras) house inside the vicinity of the venue as the game was underway. He believes it was frustration caused by some of the spectators who were denied entry because games organizers were only allowed to let 500 people to enter the arena.last_img read more

September 19

Cleveland: Adjusting to a life of watching games from home

first_imgThis is written on Sunday morning. I feel fine; my TV remote control batteries are dead.Valiantly, they lasted until the ends of Mississippi State’s arduous victory over Arkansas and Ole Miss’ traumatic defeat to Auburn.At our house, we flipped the channels back and forth so often it sometimes became confusing. We were watching two compelling dramas at once. No matter how hard we tried, we missed big plays. In most cases we caught the replays. (Amazing — isn’t it? — how often the two games, simultaneously, were on TV commercials.)This stunning Mississippi football season has brought this writer much joy and entertainment and at least one realization. That is, sometimes, it is better to be at home than in a stadium.You see, for 44 years I covered Mississippi college football on an almost daily basis. For 44 years, I was in a press box every Saturday and sometimes on Thursday night. For 44 years — except for the old Jackson doubleheaders — I saw one game and one game only.This year, when given the choice of seeing one nationally significant Mississippi game or another, I have instead chosen to see both, usually in the comfort of home. As much as I would love to write about this season, in person, on a daily basis, I must tell you that sitting in my recliner, flipping the channels, is not all bad.Part of me still wants to be in a press box with my comrades, drinking coffee, trying to discern a storyline and then, in a caffeine-fueled adrenaline rush, knocking out 700 words that somehow make sense in 15 minutes or fewer.But part of me is quite content with the recliner and the remote control and writing my comments 140-or-fewer characters at a time on Twitter — or not.And still I find myself trying to figure out what my storyline would be.At Starkville, Saturday night, there were so many choices: Quarterback Dak Prescott, playing on one good leg, and willing State past Arkansas. Running back Josh Robinson fighting for all 174 of his all-purpose yards in still another heroic performance. State’s underrated defense bending but not breaking and preserving an 11th consecutive win for the Dogs. Or, the luckless Razorbacks coming so close once again.At Oxford, oh my heavens: The play, the second most excruciating play in Ole Miss football history, with LaQuon Treadwell, fumbling inches from the goal line, while his leg is simultaneously mangled. What a great player! But, oh, what a devastating injury and defeat. You could write 700 words on the one play, as has been written hundreds upon hundreds of times in the last 55 years about Billy Cannon’s famous punt return against the Rebels. But you also could have written, poignantly, about Bo Wallace’s remarkable effort or Auburn’s penchant for winning these kinds of games over and over and over.My late comrade, Orley Hood, always said that the most compelling stories are usually in the losers’ locker rooms. That was definitely the case at Vaught-Hemingway Saturday night.So the State and Ole Miss seasons have suddenly headed in different directions, Ole Miss with back-to-back excruciating SEC losses; State with an 11-game winning streak and its No. 1 ranking.This week? The remote control, with new batteries, will get a break. State plays Tennessee-Martin; Ole Miss plays Presbyterian. Both deserve these bought victories after the stretches they have played through.State will use it as a warm-up for the Nov. 15 showdown with Alabama in Tuscaloosa. Dak will need both legs for that one. (Were I Dan Mullen, I might just rest him this week.) Ole Miss has Presbyterian and then an open date before a dangerous road trip to Arkansas. I’ve said all season long, this Arkansas team is going to win a big game at some point. The Razorbacks are too good not to do that.We are steadily building toward the Egg Bowl at Oxford on Nov. 29. Anybody who says Ole Miss has nothing left to play for doesn’t comprehend the significance of that game.Rick Cleveland ([email protected]) is executive director of the Mississippi Sports Hall of Fame and Museum.last_img read more