Thursday, 8 December 2016

Trump: SoftBank To Invest $50B in U.S., Create 50,000 Jobs

Telecommunications giant SoftBank Group plans to invest $50 billion into the U.S. economy, and add 50,000 jobs, president-elect Donald Trump announced in New York Tuesday.

Trump made the announcement over Twitter after meeting with SoftBank CEO Masayoshi Son for 45 minutes at Trump Tower. The Japanese company has a majority stake in Sprint, whose plans to merge with rival T-Mobile were thwarted by the Obama Administration.

Son did not say what specific investments SoftBank would make, though he told the Wall Street Journal they would be part of a previously announced $100 billion tech investment fund.

“We were talking about it, and then I said I’d like to celebrate his presidential job,” Son said during an impromptu press conference in the lobby of Trump Tower, in apparent reference to Trump's vow of deregulation.

Sprint (S) shares rallied as much as 7%, to $8.61, hitting a new 52-week high, before ending 1.5% higher. T-Mobile shares rose 1.8%.

In his unlikely march to the White House, Trump tirelessly campaigned on bringing more jobs to America, particularly in manufacturing regions hit hard by the recession and globalization. He took swings at companies like Apple for making most of their products outside the U.S.

SoftBank is the second high-profile accord he’s landed to underscore his message to voters. Last week, Trump announced a controversial deal to keep furnace manufacturer Carrier from outsourcing about 1,100 jobs to Mexico. Carrier will get $7 million in state tax incentives to keep the jobs in Indiana.

The name of SoftBank isn't a household word in the U.S., but its holdings are vast.

Son, who became a billionaire through investments in Japan and China, is in the midst of raising a $100 billion investment fund with Saudi Arabia and others.

He's had mixed results in the U.S. since SoftBank bought what is now an 80% stake in Sprint for $21.6 billion, and lost ground to telecom rivals such as T-Mobile.

SoftBank also plunked down $32 billion this year to acquire ARM Holdings, a U.K.-based chip designer that makes parts for Apple's best-selling iPhone and other products.

Apple asked Asian-based manufacturers Foxconn and Pegatron in June to explore the possibility of manufacturing the popular smartphone in the U.S., according to a report in financial magazine Nikkei Asian Review, citing unnamed people familiar with the matter. Apple wouldn't comment.

Son's handpicked successor, former Google executive Nikesh Arora, who joined in 2014 as head of its Silicon Valley Internet and media investment arm, abruptly left the Japanese tech giant in July. Son said at the time he planned to stay on for another five to 10 years.

Arora had been criticized by investors for start-up investments as debt from the 2013 Sprint acquisition and slowing profit growth hampered SoftBank.





Source: Usatoday.com
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Donald Trump Picks Wrestling Magnate Linda McMahon To Head Small Business Administration

Donald Trump has picked Linda McMahon, co-founder of pro wrestling company WWE, to lead his Small Business Administration, his transition team said Wednesday.

The 68-year-old McMahon was a major Trump backer during his campaign, giving $6 million to a pro-Trump super PAC.

Linda McMahon, former chief executive officer of World Wrestling Entertainment Inc., smiles while speaking to the media in the lobby of Trump Tower in New York, on Wednesday, Nov. 30, 2016.

The SBA has an office in every state and helps with financing and training for small businesses and entrepreneurs. President-elect Trump said in a statement that McMahon would aim to "bring back our jobs and roll back the burdensome regulations that are hurting our middle class."

"Our small businesses are the largest source of job creation in our country," McMahon said in a statement. "I am honored to join the incredibly impressive economic team that President-elect Trump has assembled to ensure that we promote our country's small businesses and help them grow and thrive."

McMahon ran unsuccessfully for U.S. Senate seats in Connecticut twice in 2010 and 2012. She spent nearly $100 million on the two campaigns.

In her campaigns, McMahon supported a lower corporate tax rate and a reduction in regulations. Trump has proposed chopping the corporate tax rate to 15 percent from 35 percent and drastically rolling back regulations.

McMahon and husband Vince founded WWE more than 30 years ago. The publicly traded company now has a market value of about $1.5 billion.

Trump has ties to the WWE and is a member of its hall of fame.

Source: CNBC.com
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Why Super Falcons Have Not Been Paid – Lai Mohammed

Minister of Information and Culture, Alhaji Lai Mohammed has said that the biting economic situation in the country may have been responsible for the non payment of the allowances of Super Falcons’ players and officials.

The Falcons who were victorious in the just concluded Africa Women Cup of Nations by beating Cameroon to win the trophy on Saturday have not been paid. To this end, they refused to vacate their hotel in Abuja on Tuesday,Vanguard reports.

It was reported however, that the players were offered N50,000 each which they rejected, demanding for all their outstanding allowances. An inquiry into the matter by the State House Correspondents at the end of the meeting of the Federal Executive Council, FEC on Wednesday revealed the Ministry of Youth and Sport was handling the matter.
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Dalung, Pinnick Ignore Falcons, Fly To London To Sign New Nike Deal

As the senior national women’s team the Super Falcons continue their sit-in protest in Abuja over unpaid bonuses and allowances after their 8th AWCON triumph in Cameroon, the Minister of Youth and Sports, Solomon Dalung, NFF President, Amaju Pinnick and the chairman of the League Management Company of Nigeria (LMC), Mallam Shehu Dikko are off to London to sign a new kit sponsorship deal for the Super Eagles with sports wear manufacturing giants, Nike. Dalung and Amaju Pinnick Dalung and Amaju Pinnick.

Although the NFF had before the tournament pledged to pay the Falcons bonuses and allowances for qualifying, the team played and won without bonuses and allowances paid.

They have since embarked on a protest following their return from Cameroon. One of the players told BBC Sport that their sit-in at the Agura hotel in the capital will not end until they receive all bonuses, which totals US$23,650 (about N11.5m) per player.

“We are not leaving this hotel and we have not been told exactly when we are going to get paid,” the player, who insisted on anonymity, told BBC Sport.
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I Don't Accept Gifts - Aisha Buhari Tells Nigerians

Aisha Buhari, has said that she has not received any gift from anyone since becoming the President’s wife.

Speaking at the unveiling of a new campaign against graft tagged, “Women Against Corruption” in Abuja, yesterday,she said 

“People have been trying to bring some gift items to me but I have not been collecting them. Right from when I was campaigning with the Wife of the Vice President for our husbands, we did not take a dime from anyone and we have continued like that till today.  
“I have never collected any gift and I am not ready to do so even in the future,” she said
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Khloé Kardashian's Denim Line Breaks Fashion Record, Rakes $1 Million On Its Launch Day

The first day Khloé Kardashian launched her denim line 'Good American', the jeans company made $1 million. Good American, broke the world record for sales in fashion history, raking in $1 million in just 24 hours.

Good Denim celebrates women with curves. Khloe said:

"I’m so happy with the success we have had in the last month, but we have so far to go. This is only the beginning". 
"What’s really encouraging is the customer response. When people try the jeans they fall in love. The reviews speak for themselves and that’s something I am really proud of. We’ve created a product that works on a girl who’s size 00 and looks equally great in a size 24."


Source: InStyle
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Photos Of Crew Members Recovered From Crashed Pakistan Plane That Killed Everyone On Board

A Pakistan International Airlines flight carrying 47 people crashed on Wednesday en route to Islamabad from the northern city of Chitral. According to the Inter-Services Public Relations, 42 bodies have been recovered from the plane's wreckage. 500 army personnel are reportedly taking part in the operation.

See more photos below...




Photo credit: Khaleej Times
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Falz Signs A New Deal As BBM Ambassador (Photo)

Comic singer, Falz just signed a new deal with popular phone messaging app, BBM as their brand ambassador. He shared the news on his Instagram page.
Congrats to him.
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Super Falcons Refuse To Vacate Hotel In Abuja, Rejects NFF’s Promise

Players of the Super Falcons, who on Saturday defeated Cameroon to win their eighth African Women Nations Cup title, yesterday rejected the Nigeria Football Federation’s (NFF) directives to vacate their Agura Hotel, Abuja camp, saying they would not leave the camp until all their emoluments were settled.

The players claim that the NFF has not paid them camp allowances, match bonuses and their coaches’ salaries, which have accrued for over eight months.

One of the players, who pleaded anonymity, told The Guardian that “officials of the federation came to give each of us $100 as transport allowance and told us to go home with the promise that they will pay us in January.

“That was the same trick they used to deceive us after the qualifiers in Abuja and up till now nobody has said anything about the outstanding bills.
“Now, they are telling us that they are making arrangements for the president to host us at the Presidential Villa. All these are stories we are tired of. We want our money, full stop.”

The NFF yesterday pledged to pay the players and their officials for winning the Women Africa Cup of Nations, but it craved the understanding of the team that the money is not readily available at the moment.

In a statement yesterday, NFF General Secretary, Dr. Mohammed Sanusi, who met with the players and officials at the Agura Hotel, said the Federation was not happy owing players and coaches, but present severe economic challenges informed that it could only continue to seek the understanding of these persons, as well as hoteliers, travel agents and Management and Staff until the situation improves.

“There is no gainsaying that there is severe economic challenges and all organisations, whether government or private, are feeling the pinch. It is not Government’s doing; it is not anybody’s doing. 
We know we have financial commitment to you (players and officials of Super Falcons) and we have not at anytime stated otherwise. But the money is not readily available at the moment. 
I have come to appeal to you, to understand the situation of the Fede 
ration, to understand the situation of the country at the present and exercise patience.
We will pay you all monies you are being owed as soon as we receive same from the Government, just as we paid the U17 boys who won the FIFA U17 World Cup in Chile last year, after the tournament. And just as we sorted out Coach Samson Siasia’s wages as soon as we had the funds, after the Olympics.”

Source: The Guardian
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10 Year Old Boy & Two Others Defile Seven-Year-old Girl In Lagos

Adaraloye Street; Photo credit: Afeez Hanafi
Two minors, identified simply as Segun and Kalesanmi, and a 22-year-old tiler, Samuel Osholo, have been arrested for allegedly defiling a seven-year-old girl.

The suspects reportedly covered the girl’s mouth and took turns to defile the primary one pupil inside a building under renovation on Adaraloye Street, Ikorodu, Lagos State. They were however caught in the act by the victim’s peers, who had gone into the building to play.

PUNCH Metro reports that Osholo and 17 year old Kalesanmi had gone to work in the building,
which is a stone’s throw from the victim’s residence. The duo also lived in the neighbourhood.

They were said to have persuaded 10-year-old Segun, the girl’s neighbour, to lure her into the building around 6pm on Friday.

The victim’s father, a trader, said one of the children, who caught the suspects in the act, confided in his wife, adding that he was informed about the incident on the telephone.

“My wife and I work in Oyingbo and we usually return home late. But that day, my wife returned home before me. She explained to me that a girl told her that our daughter had been defiled. I rushed home immediately. The girl mentioned Segun and I went to meet him. He confessed and mentioned the two other suspects.
“I reported the case at the Igbogbo Police Division and they were arrested. There was sperm in her pants and the police confirmed it too. We took her for treatment at the Ikorodu General Hospital. 
“Since yesterday (Tuesday), my neighbours have been threatening me for taking the matter to the police. If anything happens to me or any of my family members, I will hold them responsible.”

Segun confessed to the crime at the station, saying that he persuaded the girl to follow him to the building after the other two suspects promised him some money.
He said,

“The girl and I live in the same house. They told me to invite her to meet them in the house where they were working and I did. They asked me to get a piece of cloth and paper. They put the paper on the floor and laid the cloth on it. They instructed me to take off her pants and sleep with her. 
“I removed her pants and slept with her. They also slept with her. The girl began to cry and they covered her mouth. I felt sorry for her. I told them to stop, but they refused. They said she would not die and that nobody would know. They also promised to give her money.”

However, Osholo and Kalesanmi, who spoke in Yoruba, denied raping the girl, adding that they had finished work and left the area before the incident occurred.

“I don’t know anything about this case. A building is being renovated on Adaraloye Street and we were asked to fix the tiles. I don’t know where the incident happened. The girl is lying against us,” 

Osholo said.Kalesanmi said,

“There was a misunderstanding between the girl’s father and my elder brother. They fought recently and the girl’s father broke a bottle and threatened to stab us. 
“While people tried to settle the matter, he called his daughter to a corner and spoke with her secretly. I don’t know what they planned. This allegation was made out of annoyance.”

The suspects were brought before an Ikorodu Magistrate’s Court on Tuesday on seven counts bordering on unlawful sexual intercourse. While Segun pleaded guilty to the charges, the two other defendants pleaded not guilty.

The presiding Chief Magistrate, Mrs. A.A. Oshoniyi, granted Osholo bail in the sum of N200,000 with two sureties in like sum and ordered that he should be remanded in prison pending when his bail conditions would be perfected.

Adjourning the case till January 26, 2017, Oshoniyi held that Segun should be kept in Boys Remand Home in Oregun, Lagos, while Kalesanmi should be remanded at Borstal Home, Abeokuta, Ogun State.
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Calm Down Everyone; Kim Is Not Planning On Divorcing Kanye West

After the rapper was hospitalized for exhaustion and sleep deprivation at UCLA Medical Center in November, the famous couple's marriage has come into question. 

And lots of reports are speculation she is tired already and planning on divorce. Read the reports according to E! News below...

"Since the formerly public pair has retreated into extreme privacy since Kardashian was robbed, bound and gagged in Paris in October, fans' connection to one of the biggest couples in pop culture has been cut off. 
While rumors swirl that the two are headed for a breakup after two years of marriage, one source has put an axe in such claims. According to someone close to Kardashian's legal team, reports of Kim wanting to file for divorce are inaccurate. "I know for a fact that's not true,'" the source said. 
Still, like any couple, their recent individual personal struggles have been a burden to bear for the both of them. "It's been a very hard couple of months," a family source told E! News. 
Following more than a week in the hospital with his wife at his side, West was released, returned to his family and sought outpatient treatment. "Kim wants him to continue getting therapy even after all of this," a source said in early December. "He has support from so many people." 
The reality star is among them. "She wants to get Kanye back on his feet. She is not leaving him. She loves him," the sourced said of Kim. Still, after managing her own trauma from Paris, supporting her husband and mothering her two children has become a balancing act. 
She has many things on her plate, so being overwhelmed is expected," the source added.
No matter what the two stars are dealing with, they've kept it away from their 3-year-old daughter North and 1-year-old son Saint. "The kids are very happy and don't really have an idea what's happening with their dad," a source confirmed. 
As for the 36-year-old mogul, Kardashian has put on a brave face for her family.
According to another insider, she is being very strong for her children and for Kanye as they go through a rough patch together. 
As one source put it simply, "Kim does not want to divorce and she is spending her time taking care of Kanye."
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I Did Not Say I Regret Playing For Nigeria - Francisca Ordega

Super Falcons star, Francisca Ordega has denied saying she regretted playing for the Nigerian senior team.

According to this report she said, “If I had not played for Nigeria at full international level, trust me I would have played somewhere else.

Speaking on a ChannelsTV program on Wednesday, she denied the reports, saying Nigeria made her what she is today and there is no way she would consider dumping her fatherland for any place in the world.

She said having enjoyed when things were better, there was no way she would turn her back on the country now.
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Wednesday, 7 December 2016

Check Out This Epic Reply To Donald Trump's Tweet

President elect, Donald Trump says he always tweets because the press don't cover him accurately.

Well, American blogger, Chris Crocker gave him an epic reply. See below...
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Kim Kardashian Wants Divorce From Kanye West After He Recovers From Breakdown

Kim Kardashian is considering divorce in 2017,two and a half years after she and Kanye West wed“she wants a divorce........A Kardashian friend claims in the new issue of Us Weekly that the 36-year-old isn’t rushing to file papers just yet, but she is planning her next steps.

“It will take some time before she can do anything,but she doesn’t want to stay married.”
The Kardashian friend says she won’t make any decisions until West is fully recovered. 

Until then, adds the pal, “

she’s being a supportive wife.”She cares about Kanye and feels relieved he’s getting the help he needs,” 

continues the friend, 

“but she’s felt trapped for a while.”
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The Obamas Cover People Magazine (Photos)

President Obama and the First Lady open up about their life together and last days in the White House..

In a joint interview with President Barack Obama for this week’s PEOPLE cover story, the first lady breaks her silence on President-elect Donald Trump‘s stunning victory, and reveals why she didn’t stay up to see the results.
“I went to bed. I don’t like to watch the political discourse; I never have,” Obama tells PEOPLE, adding of her husband, “I barely did with him.
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