160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SAN ANTONIO — Edward Whitacre Jr., the blunt-talking Texan who led AT&T Inc.’s growth from the smallest of the Baby Bells into the nation’s largest telecommunications company, announced Friday he will retire as chairman and chief executive in June. He’ll be replaced in both roles on June 3 by Chief Operating Officer Randall Stephenson, 47. “I’ve always considered it my main priority to ensure the long-term viability of the company,” said Whitacre at the annual shareholders meeting, where he unexpectedly announced his retirement. “I have great confidence in the next generation of leadership.” Stephenson, who has been the chief operating officer since 2004, rose through the ranks of AT&T and its predecessors. Formerly the chief financial officer, Stephenson is credited with overseeing the company’s drive to reduce debt, which allowed it to make an aggressive string of acquisitions, most recently the $86 billion purchase of BellSouth. Whitacre, 65, had another year on his contract, but Patrick Comack, an analyst for Zachary Investment Research, said Whitacre’s decision to leave sends him out on top. “He built AT&T into a juggernaut,” said Comack, who is often critical of AT&T because of the ongoing competition it faces from cable television. “He’s highly respected on Wall Street, a straight shooter.” In Whitacre’s 17 years at the helm, he presided over the company’s growth from a regional telephone provider to the nation’s largest provider of wireless, broadband and traditional phone service. Recently, some shareholders and advocacy groups have criticized how much Whitacre earns, however. He’ll collect more than $161.6 million, including $73.8 million in deferred compensation and the $84.7 million in his pension fund in his retirement package. He’ll also make more than $1 million per year for three years as a consultant for the company, according to AT&T’s proxy statement. During that time, his benefits will continue and he’ll get some tax help, including the payment of about $15,600 in taxes per year. But with the stock trading at a five-year high, three shareholder-driven initiatives to limit compensation and pension funds for AT&T executives failed shareholder votes Friday. “I’m not sure anyone is worth that kind of money, but if anybody is going to get it, at least he did his job,” Comack said of Whitacre. Because of recent successes, the board approved a 6.2 percent increase in monthly benefits for AT&T’s oldest and poorest retirees. Roughly 88,000 former employees who retired before 1996 and receive less than $1,200 per month will get the increase starting in October, Whitacre announced Friday. AT&T, formerly named Southwestern Bell and then SBC Communications, was the smallest of the seven “Baby Bells” spun off in the 1984 government-ordered breakup of the national AT&T monopoly. Under Whitacre, who began at Southwestern Bell in 1963 as a facility engineer, the company acquired three of its larger Bell siblings, as well as its former corporate parent, the AT&T long-distance business created in the breakup, and renamed itself AT&T in the process. The acquisition of BellSouth gave AT&T full ownership of Cingular Wireless, which had been a joint venture and is the nation’s largest wireless carrier with 62 million subscribers. The selection of Stephenson, who began with Southwestern Bell in 1982, was not a surprise. Whitacre is known to be loyal to his team, with many of the management changes being internal promotions. David Dorman, the chief executive of the acquired AT&T long distance business, had wanted to be designated the heir apparent and resigned when it was clear Stephenson would likely get the nod, Comack said. AT&T’s stock dipped on the news of Whitacre’s departure, falling 32 cents to close at $38.64 in trading Friday on the New York Stock Exchange.
0Shares0000Sofapaka FC striker Kepha Aswani challenges Elli Asieche for the ball during a training session at te Eastleigh High School on January 11, 2017. Photo/TIMOTHY OLOBULUNAIROBI, Kenya, Jan 12 – Kepha Aswani has disclosed that he turned down a move back to his former employers AFC Leopards after Sofapaka tabled a higher bid and with a more ambitious plan which Ingwe couldn’t match.Aswani, who played for Nakumatt last season, had been touted for a return to Ingwe, having hit 13 goals to finish the season as the league’s third best scorer, but he has revealed that a personal call from Sofapaka owner Elly Kalekwa changed his mind. “Yeah it’s true I went to their (AFC Leopards) offices and we talked about the move, but we couldn’t agree on my personal terms. Football at my age is about the money because I don’t want you to meet me begging on the streets tomorrow,” Aswani revealed to Capital Sport.Sofapaka FC striker Kepha Aswani during a training session at te Eastleigh High School on January 11, 2017. Photo/TIMOTHY OLOBULU“Sofapaka came in with a better offer and the president himself called me and told me of the plans for the club and I didn’t think twice,” Aswani added.AFC, the 13-time Kenyan Premier League champions were confident of netting the services of the goal-poacher, but unknown to them, Batoto ba Mungu flew in with the moneybags and convinced their man to switch directions.Aswani says he does not regret making the pick.“It’s a very positive move because there are so many experienced players here. The training has been fantastic and the positivity for titles is amazing,” the former Thika United man said.Sofapaka FC new signings Kepha Aswani and Ibrahim Kitawi during a training session at te Eastleigh High School on January 11, 2017. Photo/TIMOTHY OLOBULUAswani now hopes he can continue banging in the goals for his new employers, having placed a first leg target of scoring 10 and vying for the Golden Boot in the second leg. The forward also targets winning the league with Batoto ba Mungu.He was part of the Mathare United team that won the league in 2008, but he featured sparingly, making six appearances all coming on as a substitute.“Since the first day I came here, everyone is talking about winning the title and personally it is my target as well. The coach has assembled a very good team and I am confident if we do things right, we will be champions at the end of the season,” Aswani further opined.-Saleh hopes to re-ignite career-Jackson Saleh prepares to make a pass during a training session with his new club Sofapaka FC at a training session at the Eastleigh High School on January 11, 2017. Photo/TIMOTHY OLOBULUMeanwhile, Jackson Saleh hopes he can re-ignite his form after struggling to perform over the last two seasons. At the height of his form, the defender moved to Gor Mahia from AFC Leopards but could not find regular football.He moved to his former club Western Stima last season but he still couldn’t get back to the top. He hopes the move to Sofapaka can bring him back on top.“It has been a tough two years but I am pleased to get this opportunity. It is a top club and therefore I have to perform. My first target is to break into the first 11. I know it is not easy because there are very good players ahead of me,” Saleh added.He has also targeted to get back to the national team.0Shares0000(Visited 2 times, 1 visits today)
Phil Jones finally missed from the spot after 15 successful penalties in a high quality shootout.According to reports before kick-off, Pogba will not captain United again under Mourinho due to his persistent public outbursts criticising the Portuguese’s tactics.Early on it seemed like Mourinho would get a positive response to Saturday’s 1-1 draw with Wolves as one of Lampard’s former Chelsea team-mates Juan Mata slotted home the opener after just three minutes at the end of a fine team move.However, an unchanged Derby side struck back after the break thanks to a wonderful free-kick from on-loan Liverpool striker Harry Wilson.Moments later, United goalkeeper Sergio Romero saw red for handling another Wilson effort outside the area.The visitors made the man advantage count when Jack Mariott headed home five minutes from time, but Marouane Fellaini looked to have saved Mourinho’s blushes with a towering header deep into stoppage time.However, substitute United ‘keeper Lee Grant failed to stop any of Derby’s penalties and Jones finally faltered to compound a bad start to the season for Mourinho’s men, who already trail Premier League leaders Liverpool by eight points.– Foden shines –City boss Pep Guardiola enjoyed a far more comfortable evening despite also ringing the changes as England under-19 international Phil Foden shone in a 3-0 win at League One Oxford.The visitors dominated throughout but had just the one goal to show for it before half-time as Gabriel Jesus headed home from close range.Fresh from his first two goals for the club at Cardiff on Saturday, Riyad Mahrez then thrashed home a second on the counter-attack 12 minutes from time.And Foden rounded off a fine individual display with his first senior goal for the club in stoppage time.Another League One side Burton provided the other upset of the night by coming from behind to beat Premier League Burnley 2-1.The Clarets went in front through Kevin Long, but Burton reached the fourth round for the first time in their history as Liam Boyce levelled before Jamie Allen poked home the winner.The only all Premier League tie of the night saw Leicester edge out in-form Wolves 3-1 on penalties after a 0-0 draw thanks to three shootout saves from Danny Ward.Fulham’s strength in depth was in evidence as they swept aside Championship Millwall 3-1 at The Den despite making 10 changes.Crystal Palace proved too strong for West Brom as an Andros Townsend double and Patrick Van Aanholt secured a 3-0 win at the Hawthorns.Bournemouth struck late through Callum Wilson to squeeze past Blackburn 3-2 after blowing a two-goal lead in the second-half.Jordan Rhodes’s hat-trick ensured Norwich saw off a second-half fightback from Wycombe to edge through 4-3.Middlesbrough progressed 4-3 on penalties after a 2-2 draw with Preston and League One Blackpool beat Championship strugglers QPR 2-0.0Shares0000(Visited 3 times, 1 visits today) 0Shares0000Derby County manager Frank Lampard performs a dance with his players in front of the travelling fans after full-timeMANCHESTER, United Kingdom, Sep 26 – Derby County manager Frank Lampard piled more misery on his former Chelsea boss Jose Mourinho as the Rams beat 10-man Manchester United 8-7 on penalties, while Manchester City cruised into the last 16 of the League Cup on Tuesday.Mourinho paid the price for making nine changes in a thrilling 2-2 draw at Old Trafford before spot-kicks with Paul Pogba rested on another day dominated by the Frenchman’s frosty relationship with his manager.
ATHLETICS NEWS: The annual Coláíste Aílígh 5K road race is back and will be held tomorrow, Tuesday (7pm start).The hugely popular event attracted a big crowd last year and organisers are expecting another large participation to this year’s event.Registration for the 5K starts at 5.30pm and the race begins at 7pm sharp. There will be shower and changing room facilities available for participants, while refreshments will also be served.It’s €8 for an individual adult and €5 for a child, while families can enter the race for €12.Last year’s event was a huge success and organisers are hoping this year can go one better.All monies raised go towards the school. GET OUT AND SUPPORT THE COLÁISTE AILIGH 5K was last modified: April 20th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:5kColaiste AilighfaceFun Run
Thomas Pringle TD has today called on the Government to clarify how payments will be made to the European Stability Mechanism (ESM) following a report suggesting that there is a double payment due this month.Speaking on the matter today, the Independent TD for Donegal South West stated: “A Dutch Government report to Parliament on the Cyprus meetings last month suggests that there has been a decision to double up on the first two stage payments to the ESM, which would mean that Ireland has to pay €508 million.They appear to be demanding the payment that was not made in July-because the ESM was not in force-should now be made, as well as what they call the ‘October payment’,” explained Pringle. “The initial schedule was accelerated last March, with the doubling up of payments now meaning that Ireland is being asked to hand over half a billion euro in three weeks’ time.”“The ESM plans to meet and launch on 8 October. The treaty says first payments are due fifteen days after launch. Coincidentally that is 23 October, the day my case is being heard in the ECJ in Luxembourg.Earlier this week we saw the payment of a €1 billion unsecured, unguaranteed bond. Now we are being demanded to pay €508 million to cover a period of time when the ESM wasn’t even in force.”“It is therefore of the upmost importance that this Government states, as a matter of urgency, how much it is paying to the ESM-and from where-in advance of the legality of the ESM being considered by the ECJ,” stated Pringle. GOVERNMENT FACING A €500M DOUBLE PAYMENT TO ESM, CLAIMS TD PRINGLE was last modified: October 3rd, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
Letterkenny court.A Judge has heaped praise on the role the media play within the judicial system, saying it would be ‘unthinkable’ if they weren’t present to report on cases.Judge Conal Gibbons was responding to a defendant’s claim at Letterkenny District Court that he was portrayed badly in sections of the media after it was reported that he was not present in court. The defendant missed the court date because his mother had died.However the judge responded by saying reporters are entitled to report on anything they hear in court, and said he doesn’t believe they receive the respect and recognition they deserve.Judge Gibbons told the court, “The media play a vital role in the administrative side of the justice system in Ireland.“It’s vitally important that courts have a media presence to report on cases.“I don’t think they receive the recognition they deserve for the role they play, and how important they are to the entire judicial system.”Judge Gibbons admitted that in some cases defendants, solicitors and judges can be angered at the media for their interpretation of certain cases.But he insisted that shouldn’t dilute away from the importance of having them present in court.Judge Gibbons said, “Can you imagine the general public having no idea what goes in here?“It’s unthinkable to think of nobody knowing what goes on in the courts, it’s of public interest.“As I said, I think the local media play a huge role, and I think they’re very professional at what they do.”JUDGE PRAISES THE ROLE OF LOCAL MEDIA IN COURTS SYSTEM was last modified: August 15th, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:courtsImportanceJournalismJudge Conal GibbonsMedianewsPraiseRole
12 October 2010Put on your old tie, squeeze into your old blazer, resurrect your school colours … This Friday, and every Friday until the matric exams are over, South Africans are being called on to demonstrate their gees by wearing part of their old school uniform in support of the country’s Class of 2010.As South Africa’s grade 12s gear up for their final exams, Brand South Africa, iSchool Africa and the Department of Basic Education have launched Blazer Fridays, calling on the public to get into the school spirit again and “accessorise for a good cause”.Blazer Fridays poster“Brand South Africa would like thank those South Africans that have shown their true spirit of ubuntu by volunteering at the various study centres, facilitating study groups at their homes, declaring “study hour” on their block so that we contribute to the future of these learners,” Brand South Africa CEO Miller Matola said in a statement on Monday.“Our spirit of unity is the common thread that binds us as a nation. We should stand firmly in support of the Class of 2010 as they prepare for their future in a country full of possibilities and opportunities.”Upload your Blazer Friday photos onto www.flytheflagfridays.co.za – first 50 entries to win a Support the Class of 2010 t-shirtThe Class of 2010 campaign forms part of Brand South Africa’s post-World Cup Legacy campaign, which aims to leverage the momentum of the 2010 Fifa World Cup by providing platforms for South Africans to keep achieving and showcasing their “South Africanness” to the world, while entrenching the principles of pride, patriotism and solid citizenship that have been established over the past year.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material
For years you have heard that a certain Meredith Koop was helming Michelle Obama’s wardrobe choices, but it’s only now that the high-powered stylist gave an exclusive interview to Harper’s Bazaar, revealing the psyche behind FLOTUS’ wardrobe choices.Also read: Five times Michelle Obama made us fall in love with herHere are some excerpts from the interview that will help you get a better insight:”In the beginning, designers used the phrase ‘first ladyish’ to describe a certain traditional look. We really had to break that mould.”With Michelle Obama’s high fashion choices, the whole idea about an outfit being ‘first ladyish’ has been killed. In fact, you could never predict what Mobama would wear next!”Highlighting designers from diverse backgrounds with varying levels of success and exposure became an important part of my role.”From wearing high street brands to her recent outing at the last state dinner that saw Michelle Obama sport a rose gold number designed by Donatella Versace, Koop proved that apparel with appeal would always have a chance at being a part of the FLOTUS’ closet. Can you imagine the level of consciousness and hard-work that would entail? The constant effort it probably took Meredith to be on a lookout for names trying to make it.U.S. President Barack Obama and U.S. first lady Michelle Obama greet Italian Prime Minister Matteo Renzi and Agnese Landini at the White House in Washington, U.S., October 18, 2016. Photo: Reuters Also read:Michelle Obama’s rose-gold gown at her last state dinner is winning hearts all over advertisement”When (the first lady) wears an up-and-coming designer, it creates this feeling that anything is possible. This is something the first lady talks a lot about with young people, how important it is to follow their dreams and work hard no matter what obstacles come their way. I wanted to translate that very message into her clothing.”The story of Prabal Gurung holds testimony to that statement. The fact that the FLOTUS would choose to wear a Nepali American designer who was only a few seasons old in 2010 to the prestigious White House Correspondents’ Association Dinner really put Gurung on the scene and paved the way for many others.First Lady Michelle Obama speaks during opening ceremonies for the Invictus Games at Disney’s ESPN Wide World of Sports in Orlando, Florida, U.S., May 8, 2016. Photo: Reuters “There is a whole different set of considerations when she goes to visit troops on a base, hosts a music event at the White House, meets with foreign leaders…We always take into account where we are going and that country’s cultural norms. The goal is to pay tribute to each place we visit (while) never losing the spirit of the United States.”Remember the time Michelle appeared on Nickelodeon’s 25th annual Kids’ Choice Awards in 2012 looking super fly? From appearances within the US to the times Mobama accompanied the President on official visits to different countries, the FLOTUS’ suitcase was always packed with ensembles pertaining to the cultural standards of a country. With an aim to pay homage to each country she visited, FLOTUS’ stylist also made it a point to ensure that during most cases, the designers she would wear would have some connection with her destination. Indian-origin fashion designer Rachel Roy found a place in her wardrobe during a visit to India, Japan saw her flaunt Kenzo, while her trip to Italy had her sporting Missoni, a stylish and subtle diplomatic nod to each.U.S. President Barack Obama and first lady Michelle Obama listen to their national anthem alongside at a state dinner hosted by India’s President Pratibha Patil (L) and her husband at Rashtrapati Bhavan in New Delhi November 8, 2010. Photo: Reuters After all the work Meredith Koop has done throughout the years to change the way the world pictures the First Lady of the United States, she now aspires to be a part of the sustainability movement and create an “in-depth documentary series that explores the intersections of fashion, culture, politics, religion, and economy both domestically and abroad.”Thanks Meredith, for being the fabulous force behind our #StyleGoals.
Antoine Griezmann described France’s FIFA World Cup 2018 triumph as a “great” victory. France beat Croatia 4-2 in a high-voltage World Cup final at the Luzhniki Stadium in Moscow on Sunday to lift their second world title.Griezmann, who scored one of his team’s goals when he converted a penalty in the first half, said it was a difficult match but France made the “difference on counter-attacks”.”I don’t know where I am, it is great… Very happy. It was a difficult match. Croatia play a great game. We started timidly. We knew it was a World Cup Final. We got into the game and on counter-attacks, we made the difference. Very happy. We look forward to lifting the Cup and taking it to France,” an elated Griezmann said after the match.France took the lead in the 18th minute when Croatia’s forward Mario Mandzukic, rose to meet Griezmann’s free kick with the top of his head. He inadvertently sent it past his own goalkeeper.FIFA World Cup 2018: Full list of prize winnersPerisic and Mandzukic both scored for Croatia, first to equalize in the 28th minute and later as a consolation goal in the 69th, embarrassing Hugo Lloris with a flicked shot as the France goalkeeper tried to dribble the ball out of his goalmouth.Also read – France win World Cup 2018: Coach Didier Deschamps says it is ‘marvellous’France coach Didier Deschamps became only the third man to win the World Cup as a player and a coach. Mario Zagallo of Brazil and Franz Beckenbauer of Germany are the others.advertisementFrance had first won the World Cup in 1998 and interestingly Deschamps was the captain of the side that beat Brazil 3-0 at the Stade de France in Saint-Denis in the final.France equal 60-year-old record to win second World CupBrazil legend Zagallo was the first person to achieve the feat after lifting the World Cup twice in 1958 and 1962 while he won as a manager in 1970. He also won the 1994 edition as assistant manager.Germany great Beckenbauer followed next as he clinched the World Cup as captain in 1974 and as coach in 1990.”It is really beautiful. It is marvellous. We did not play a great match but we showed a strong mental quality,” Deschamps said after the match.”We also scored four goals. We merit it. I am very happy for this team. We are coming from very far and it has not always been easy, but thanks to hard work, they are here and are on top of the world for the next four years,” he added.Deschamps creates history as France win World Cup after 20 yearsFrance President Emmanuel Macron took to Twitter to celebrate the historic win.In a tweet, the president said one word: “Merci”..@equipedefrance : MERCIEmmanuel Macron (@EmmanuelMacron) July 15, 2018It was the highest-scoring final since England beat West Germany 4-2 after extra-time in 1966 and the highest in normal time since Brazil beat Sweden 5-2 60 years ago. The landmarks came thick and fast in the first half too.(With inputs from Agencies)
(Eds: Adding a word in headline) Lucknow, Sep 26 (PTI) A high-level delegation of Walmart Wednesday discussed with Uttar Pradesh Chief Minister Yogi Adityanath various matters related to investment by Walmart in the state. At the meeting, the UP chief minister spoke about focussing on agriculture sourcing, food processing industry and One District One Product (ODOP) to support local traditional art forms. Walmart International CEO Judith McKenna, Walmart India CEO Krish Iyer and Flipkart Group chief executive Binny Bansal apprised the chief minister of the steps to support through cash-and-carry stores local kiranas, small farmers from sourcing perspective as well to impart agricultural knowledge and help traditional manufacturing like brass in Moradabad, sports goods in Meerut and saree clusters in Varanasi, among others. They also briefed the chief minister about the potential employment opportunities the new ventures would create, an official said after the meeting. Bansal talked about helping small sellers access the market and also partnering government for its flagship ODOP project. He also said that through ‘phonepe’ app, they are helping kiranas become part of digital India. The US retail major had in July opened its second fulfilment centre here after Mumbai and is also in the process of opening more such centres to cater to online business-to-business customers to tap the fast growing e-commerce in India. Walmart has signed an agreement with the Uttar Pradesh government to have 15 stores in next few years in the state. It has already finalised three sites and six more are in the pipeline.advertisement Walmart plans to set up its ‘Best Price’ stores at various locations in the state, including Kanpur Muradabad, Varanasi, Gorakhpur, Sharanpur, Lucknow and Ghaziabad. The US retail major also plans to open 20 wholesale cash-and-carry stores in India in the next three years and add 50 stores in next five to seven years. The company operates 21 cash and carry stores under the ‘Best Price’ brand in 9 states across India. Uttar Pradesh Chief secretary Anoop Pandey was present at the meeting, also attended by Walmart Inernational Chief Admin Officer J P Suarez, Walmart India Chief Corporate Affairs Officer Rajneesh Kumar and Walmart Vice President of Global Public Policy and Government Affairs Paul Dyck. PTI SMI MKJ