View post tag: alpha View post tag: condition Training & Education View post tag: Navy October 30, 2012 Share this article View post tag: Sortie USFF Cancels Sortie Condition Alpha View post tag: News by topic Back to overview,Home naval-today USFF Cancels Sortie Condition Alpha View post tag: Naval View post tag: USFF Commander, U.S. Fleet Forces has modified guidance for all U.S. Navy ships in Hampton Roads, Va. Ships currently in port have been directed to remain in port. Ships at sea continue to maneuver to clear the path of the storm.The Navy orders a sortie during potentially extreme weather conditions to reduce the risk of significant damage to ships and piers during high winds and seas. Ships planned to get underway on Saturday will no longer go to sea because the projected winds and storm surge in the Navy’s ports in Hampton Roads will not exceed the ability of our ships to remain safely in port.“We kept a very close watch on the storm all night,” said Adm. Bill Gortney, commander, U.S. Fleet Forces Command. “As a result of these projected changes, we determined that the safest place for the ships not already underway is in port. While we have made these prudent decisions for our ships, I don’t want to understate the significance of the situation. Sandy remains a powerful storm.”Ships in port will take extra precautions to avoid potential damage from this powerful storm. Commanding officers have a number of options when staying in port, depending on the severity of the weather. Standard measures for ships riding out heavy weather in port include extra mooring lines; placing the anchor on the bottom while alongside the pier; and removal of shore power cables, heavy or elevated brows, and any lighter objects that could create hazards during high winds.As a precautionary measure, Commander Navy Installations Command ordered all installations in the Hampton Roads area to remain at Tropical Cyclone Condition Three as Sandy is forecast to bring high winds and rain to the Mid-Atlantic coast. Tropical Cyclone Condition Three means destructive winds of greater than 50 knots associated with a tropical system, are expected within 48 hours.Additional measures taken by local Navy commands included pulling dozens of small craft out of the water at various locations around Hampton Roads. These vessels will remain out of the water until after the storm passes.“It is important for all of our Sailors, civilians, and family members take all appropriate precautions as the storm approaches, and I would encourage the general public to do the same,” said Gortney. “I’m a boat owner, and mine is out of the water and I am using a checklist to make sure my family and I are ready for the potential impacts of Sandy here in the Hampton Roads area.”[mappress]Naval Today Staff,October 30, 2012; Image: US Navy View post tag: Cancels
Oxford University has slipped beneath UCL in a world league table published this week, undermining its position amongst British and international institutions.Oxford was placed joint-fifth with Imperial College in the Times-QS World University Rankings, whilst UCL assumed Oxford’s position from last year in fourth place, up from seventh.Cambridge was ranked as the second-best institution in the world, the place occupied by Oxford just two years ago.Phil Baty, editor of the table, explained reasons for the changes. He said, “UCL was only fractionally above Oxford overall. It gained points over Oxford for having a higher proportion of international students on its campus, and it achieved a higher score for its research excellence, suggesting that the work of its researchers has become more influential. Oxford comes out with perfect scores on reputation but citations per staff have slipped slightly while UCL has improved dramatically.”Oxford achieved full marks in the opinion survey of academics, and in the survey where employers were asked whose graduates they most look to recruit, yet it lost points for research citations. Those compiling the league table concluded that while the top rankings were “very tight”, UCL’s investigations into issues such as global health and climate change, and its strong proportion of international students, merited its new position above the “global super-brands like Oxford”.Oxford University has responded to the news by drawing attention to its high rankings in other tables. A spokesperson said, “League table rankings can vary as they often use different methods to measure success, but Oxford University’s position is surprising given that Oxford came top of the table for [research] funding, has the highest research income of any UK university, and has come first in every national league table.”Jonny Medland, OUSU Vice-President of Access and Academic Affairs, was of the opinion that the league table should be considered within the bigger picture, “One result in a league table shouldn’t be viewed with too much concern. The 2008 Research Assessment Exercise showed Oxford as being the most powerful research university in the UK and the THE-QS rankings use a methodology which don’t fully take this into account. There is, however, always room for improvement.”The UCL President and Provost, Professor Malcolm Grant, was happy with his university’s position commenting, “We are pleased by UCL’s spectacular progression up the tables in recent years. [It] is a remarkable place. It has an edginess to it, a spirit of restless energy, and its traditions are of radical change and innovation.”The table also suggested that Oxford faces increased competition from international universities, particularly in India and the Far East. Phil Baty pointed out, “Spending on higher education in Asia is phenomenal and that’s why you see their results going up.”Wendy Piatt, director general of the Russell Group commented, “The broad message of these tables is clear – the leading UK research universities are held in high esteem internationally but countries like China and Korea, which are investing massively in their best institutions, are snapping at our heels.”The announcement that Oxford had attained its worst placing since the tables began in 2004 has concerned some students. Anna Bone, a second year Human Sciences undergraduate said, “If Oxford really is struggling financially, that’s bad news. I’m surprised by this league table, because I thought Oxford was top of them all.”The table was drawn-up on the basis of a survey of 9,386 academics, a poll of top 3,281 employers, staff-to-student ratios, recruitment of international staff and students, and research citations.
passed away April 23, 2018. Born in Jersey City, George was a lifelong resident. George worked for many years at Pressman and served as Past President of Local # 51 New York, NY retiring 2002. He served in The U.S. Army. George was a Shriner with the Masonic Lodge Jersey City, and a member of the Catholic War Veteran Post 1612 Bayonne. Husband of the late Patricia (Good) Lusch. Father of Margaret Lusch, Linda Marcus, and George H. Lusch, Jr. Grandfather of Sarah, Christopher, Reed, and Macie. Brother of Albert Lusch, and the late Corneilus Lusch, and Lillian O’Connell. In lieu of flowers, donations may be made to Shriner’s Hospitals for Children, 2900 Rocky Point Dr., Tampa, Fl. 33607. Funeral arrangements by GREENVILLE MEMORIAL HOME, 374 Danforth Ave., Jersey City.
Friday nights at Brooklyn Bowl are special already, but adding Joe Russo’s Almost Dead for their fifth show of a six-night residency just turns the knob even higher. This weekend’s run features Oteil Burbridge on bass for all three nights, while Dave Dreiwitz is on tour with Ween. While the seamless energy between Joe Russo, Marco Benevento, Tom Hamilton, Scott Metzger, and Dreiwitz is impossible to deny perfection, Burbridge is filling the shoes quite beautifully – finding his own pockets of creativity and delivering stand-out moments throughout the night.The night fittingly opened with “Sitting On Top Of The World,” before heading into a flipped version of “Easy Wind.” One of the night’s first stand-out highlights was “Eyes Of The World,” a song Burbridge has famously made his own through unforgettable bass solos with Dead & Company. This version included teases of Marvin Gaye‘s “What’s Going On” and the Allman Brothers Band‘s “Jessica” mixed in. Toward the end of the set, the band went into a cover of The Doors‘ “LA Woman,” played through, though without lyrics, for the first time ever. The first set closed with a sing-a-long favorite, “Going Down The Road Feeling Bad.”Check out the set-opening “Sitting On Top Of The World” below, courtesy of Joe Russo’s Almost Dead:The second set opened with “Alligator,” in which Marco Benevento took the opportunity to surf the crowd, before heading into a partial version of David Bowie‘s “Fame.” As if the energy wasn’t already contagious, a “Brown Eyed Women” into “They Love Each Other” into “Brown Eyed Woman” reprise, which hadn’t been played since Suwannee Hulaween on 10/29/15, brought the hearts back on the same level, as the celebration of the Grateful Dead continued.Watch the second set-opening “Jam” > “Alligator” below, courtesy of Joe Russo’s Almost Dead.Oteil Burbridge took lead vocals on “Turn On Your Love Light,” another stand-out version for the newly added temporary member of the synergistically-charged band. “My Brother Essau” contained a “Flash’s Theme aka Flash” (Queen/Brian May) jam, before the band brought the energy through the roof with a “Scarlet Begonias” > “Fire On The Mountain” set closer.Friday night’s encore with The Band‘s “The Weight,” which featured verses sung by Tom Hamilton, Scott Metzger, Oteil Burbridge, Joe Russo, then closed with all five.Joe Russo’s Almost Dead will return to the Brooklyn Bowl with Oteil Burbridge tonight for their final night in NYC. Then, the band will be heading to Fool’s Paradise on March 31st and April 1st in St. Augustine, FL, with special guest keyboardist Jeff Chimenti. Oteil Burbridge will also be there as an artist-at-laref, making fans wonder if perhaps there is a Joe Russo’s Almost Dead & Company collaboration in the future. Burbridge will also be hosting an “Infinity Jam” with Eric Krasno, leaving no limits in question. The Grateful Dead enthusiasts will join hosts Lettuce and bands like The Floozies, The Motet, and The Main Squeeze. More information can be found here.Setlist: Joe Russo’s Almost Dead | Brooklyn Bowl NYC | 3/17/17Set One (9:43PM – 10:51PM)Sitting On Top Of The World (TH) ->Easy Wind @ (SM)Eyes Of The World # (TH) ->Drums ->Samson & Delilah (SM)Mission In The Rain ** (TH) ->Loser $ (TH) ->LA Woman Jam % ->Going Down The Road Feeling Bad ^ (All)Set Two (11:31PM – 12:56AM)Jam & ->Alligator & * (SM) ->Fame + (MB & TH) ->Brown Eyed Women (TH) ->They Love Each Other @@ (TH) ->Brown Eyed Women Reprise ## (TH)Not Fade Away $$ (All) ->Turn On Your Love Light (OB)Cream Puff War (TH) >My Brother Esau %% (SM)Scarlet Begonias (TH) >Fire On the Mountain ^^(TH)ENC:The Weight && (All)Dave Dreiwitz is on tour with Ween.Entire show with Oteil Burbridge on Bass & Vocals.OB is Oteil Burbridge Lead Vox.Oteil played 4 string bass for the majority of the night,but played 6 string bass on Eyes. (& I think that’s it.)@ – “Flipped” Version – Opened with the last verse sung first. With a Black Throated Wind Tease (SM). Proceeded by blues jam connecting Sitting on Top with Easy Wind that probably included a “Vampire Blues” (Neil Young) Tease (Band)# – With a “What’s Going On” (Marvin Gaye) Tease (SM), a “Jessica” (Allman Brothers Band) Tease (TH) & an Oteil Bass Solo** – Not played since 2016-03-24, Brooklyn Bowl, Brooklyn, NY 2016-03-24 a gap of 35 shows.$ – With a Tennessee Jed Tease (MB)% – Doors cover, first time played by Almost Dead (Has been teased before). No lyrics sung.^ – With a “Duo Jam” & without the usual instrumental “We Bid You Good Night” ending& – With Marco Crowd Surfing* – With a Truckin’ tease (SM)+ – David Bowie Cover, First Time Played By Almost Dead, Partial Version. (Has been teased before.)@@ – Partial Version, 2 verses(?) sung## – Not Played since 2015-10-29 at Suwannee Hulaween, Live Oak, FL, a gap of 53 shows$$ – With a “Fat Mama” (Herbie Hancock) Tease (MB), China>Rider Transition Tease (TH), a “Fat Mama” (Herbie Hancock) Jam (MB), a “Hoedown” (Aaron Copeland) Tease (MB), an “I Want Candy” (Bow Wow Wow) Tease (MB) & probably more, including for sure an ‘80s tune by a female vocalist that I can’t quite place that’s driving me nuts. %% – With a “Flash’s Theme aka Flash” (Queen/Brian May) Jam (MB)^^ – With a “Borderline” (Madonna) Tease (MB)&& – TH – Verse One (pulled into Nazareth), SM – Verse Two (picked up my bags), OB – Verse Three (Go down, Miss Moses), JR – Verse Four (Crazy Chester) & All – verse five (Catch the Cannonball)Enjoy the full gallery below, courtesy of Steve Olker! Load remaining images
Steely Dan is a cerebral amalgam of rock and jazz—some of the most literate and intellectual commercial pop music ever created. By incorporating elements of soul, dixieland, funk, country, and beyond, Steely Dan always showed an uncanny ability to take their music and go deep. Their catalog runs the gamut in styles, players, stories, and vibe like few other artists of their day. Their legacy and legend remains intact; their venerable live show continues to astound audiences around the world, mining the band’s unparalleled forays into the fusion of classic jazz and contemporary rock.The core band was essentially comprised of a duo, keyboardist/vocalist Donald Fagen and guitarist Walter Becker; the pair were the unlikeliest of rock stars in the ’70s. The two principle songwriters poured their entire lives into meticulously crafting masterful albums, with a laser focus on the middle part of that decade, manifesting the classic four record run of Countdown to Ecstacy, Katy Lied, The Royal Scam, and Aja. During their commercial heyday, the band refused to tour, instead focusing on perfecting their studio output; these profound aforementioned releases lend credence to that unconventional decision.Steely Dan initially disbanded in 1981, with Fagan moving on to some critically acclaimed solo releases. When the band reunited in 1993 with initially (wait-for-it) a live album, they took an entirely different and unexpected career path. Fagen and Becker recruited a phenomenal crack-band and set out with a jamband-like road-warrior concert schedule, interspersed with a couple of new studio albums. The Dan always marched to the beat of their own drummers.Sadly, Walter Becker passed away in 2017 after a protracted illness, and with that news came a renewed interest in his and Fagen’s timeless songbook. Not only are Fagen’s thrilling live shows still extremely well-attended and financially viable, but Steely Dan’s fiercely independent, satirical, rebellious streak can be found alive and well inside their prodigious recorded output, amid the steady stream of monster studio cats they employed to effectively transmit their unique craft. To create a complete list of Steely Dan deep cuts would be an exercise in futility, as there are countless incredible songs of all kinds, styles and colors that litter their nine studio records. So in anticipation of the tribute set later this month at Brooklyn Comes Alive, we’ve compiled a selection of five essential deep cuts from Steely Dan’s most prolific era: the mid-1970s.“Show Biz Kids” (Countdown to Ecstasy)As the first single from 1973’s sophomore album Countdown to Ecstasy, “Show Biz Kids” is not exactly a deep cut by definition, yet it’s not among their best known songs. With the rocker, Steely Dan contrasts the lives of the “Haves” and the “Have-Nots” in America in an atypically sarcastic approach. “The poor people,” as described to us by Hollywood elitists and showbiz types, are actually our everyday salt-of-the-earth folk who work blue-collar gigs for a living to support their families. Once again, Steely Dan is a pioneer in that particular socio-cultural commentary. On this track, Donald Fagen and Walter Becker deliberately delivered a veiled diss to ABC Records and anybody who expected more songs in the classic-rock vein of their earlier material. Although the song features a phenomenal slide solo from guest axe-slinger Rick Derringer and a funky-ass piano groove, “Show Biz Kids” is structured rather strangely, eschewing a bridge and focused on a driving, relentless jam session that suits the dark-themed lyrics about the hedonism of the day. The Dan pokes a little silly at themselves with a cringey nod to “Steely Dan T-Shirts”. The reference to the “Washington Zoo” is likely a nod to the bubbling political swamp in the District. “Your Gold Teeth II” (Katy Lied)“Your Gold Teeth II”, a fantastic voyage found on Katy Lied, was the most sophisticated song Steely Dan had attempted up to this point—a harbinger of the approach they crystallized later on with Aja. Some complexity comes from the rhythms: the base time signature is a 3/4 waltz, but there are bars in 3/8, 6/8, and 9/8. The chorus is drenched in countrified harmony, peculiar for a jazz-rock tune, yet it works absolute wonders. There is no other song in the Steely Dan catalogue that mirrors “Your Gold Teeth II”; not even its precursor would betray the magic of what was forthcoming.The song features exemplary performances from drummer Jeff Porcaro and guitarist Denny Dias. Porcaro had to power the shifting rhythms, but still gives it that just-right feel. On Fagen’s request, he studied a Charles Mingus record with drummer Dannie Richmond on it to get the particular drumming style Don was seeking. Dias was masterful on this particular guitar solo; though he often lived in the shadow of Steely’s regular ace Jeff “Skunk” Baxter, Denny was the guy Becker and Fagan went to for the liquid-jazz phrasings and dreamy patterns over intricate chord and rhythmic changes. If I could hear Phish cover one Steely Dan song, this would be it. “The Royal Scam” (The Royal Scam)“The Royal Scam” represents the Dan’s powerful New York mythology and was the title track of a record that kind of put a cap on a particular era and sound from the band. Lyrically a departure, the content is based on an entirely different subset of American life than they’d previously explored—a narrative about Puerto Rican immigrants straight from the city of St. John (San Juan) coming to New York City, enticed by the dream of a prosperous life rich with opportunity and freedom. As one interpretation suggests, the protagonists realize their sad wings of destiny and wind up trapped in a ghetto and driven to addiction. “By the blackened wall, he does it all,” sings Fagan. The scam betrays the immigrant dream; the crime here is not literal, but metaphorically implied.“The Royal Scam” is full of Fagen’s minor chords, augmented by the harrowing tones of guitarist Larry Carlton, Bernard Purdie’s warm, lyrical drumming, and the grandiose backing vocals from Venetta Fields and Clydie King. Sewing together the plot, the dueling muted trumpets from Chuck Findley and Bob Findley lace the song with their subtle, sympathetic tones. These musical elements give “The Royal Scam” an emotional quotient that makes it somewhat of an anomaly in the Steely Dan catalog.“Black Cow” (Aja)A “Black Cow” can be a root-beer float or a candy-like beverage. In the Steely Dan song of the same name, the protagonist is informing the lady that he is through being friend-zoned, when every time one of her relationships with an unsuitable suitor goes awry, she comes running back to him. In the context of a cocktail, a “black cow” is considered a juvenile and silly drink. “Black Cow” gets underway slow-paced and deliberate, a fatback groove with a huge pocket and Yacht Rock vibes The narrator’s disgust at his part-time lover’s “outrageous” behaviors are part of a macro-theme that runs with calculated subtlety and increasing regularity on several Steely Dan records: a Western/American society that’s spiraling deep into a darkened abyss of degenerate sleaze. More specifically, the intention beneath “Black Cow” is almost a hip-hop style reporting, in that they are making art detailing what they’ve observed from their Southern California surroundings. At the time of “Black Cow” appearing on the meticulous studio masterpiece Aja, Steely Dan’s Becker and Fagen had been headquartered in the Los Angeles area for about five years. The song was later re-purposed in the New York rap universe when it was lifted for the timeless late-’90s Harlem anthem “Deja Vu (Uptown Baby)” by Lord Tariq and Peter Gunz. The band was apparently swayed by an appeal directly from the rappers, in the form of a written request letter—the note begged Becker and Fagen to let this hip-hop duo flip “Black Cow” on its head. It worked well for the Dan, as their music and swagger was injected back into the cultural zeitgeist, two full decades since the duo last mattered on any pop charts.“Home At Last” (Aja)Situated after “Peg” and a couple of songs before the massive funk of “Josie” on side two of the pristine Aja, “Home At Last” can be easily overlooked yet ranks as one of Steely Dan’s finest ballads. The song offers the blues, at least in the Steely Dan sense of blues, which by this time had evolved into yet another thread sewn into their intricate afghan of harmony and melodies. Similarly, one can forget that it’s a blues song at all, one apparently inspired by Homer’s Odyssey, where Ulysses attempts to sail home safely after waging battle. This is thought to be a not-so-thinly-veiled metaphor for Walter Becker and Donald Fagen pining away for their native New York from way across the country in Southern California. The Duke Ellington-centric horns offer a sophistication that evens out the screaming guitar from Chicago jazz-wizard Larry Carlton. It’s no secret that this track is a signature song for Bernard Purdie’s “Purdie Shuffle,” injecting a robust undercurrent of funk on an otherwise melancholy tune.[Originally published 9/13/18]Fans of Steely Dan can catch a very special late-night tribute their music in at Republic NOLA in New Orleans during Jazz Fest on Thursday, May 2nd (technically early-morning May 3rd). Led by musical director Joey Porter (The Motet), the lineup will feature Lyle Divinsky (The Motet), Nick Cassarino (The Nth Power), Nate Edgar (The Nth Power), Michelangelo Carubba (Turkuaz), Craig Brodhead (Turkuaz), Shira Elias (Turkuaz), Sammi Garett (Turkuaz), Josh Schwartz (Turkuaz), Greg Sanderson (Turkuaz), Chris Brouwers (Turkuaz), Nate Werth (Snarky Puppy, Ghost-Note), and Bryan McNamara.For more information on the New Orleans Steely Dan tribute, head here.You can grab your tickets here.See below for a full list of Live For Live Music’s 2019 New Orleans late-night shows:
MIAMI (AP) — Writer Carl Hiaasen is retiring from the Miami Herald after composing newspaper columns for the past 35 years, the newspaper says. The Herald published a story this week saying Hiaasen would be done after his last column on March 14. The 67-year-old Hiaasen said he no longer wants the pressure of a weekly deadline. That’s not to say that Hiaasen will stop writing. He plans to continue his book projects, which have ranged from comic novels such as “Tourist Season” and “Double Whammy” to children’s titles such as “Hoot.” His latest book is “Squeeze Me,” about the era of former President Donald Trump.
In the corporate world, employees leaving a job are asked to sit through a sometimes grueling “exit interview” about their time at the company. Although that concept doesn’t exist for Broadway performers, we think it’s fun to check in with stars as they finish up a successful run. Below, Cinderella star Laura Osnes, who won the 2013 Broadway.com Audience Choice Award for Favorite Actress in a Musical and garnered a Tony nod, looks back the friends she made (including fellow BACA winner and Tony nominee Santino Fontana!) while starring in the hit Rodgers & Hammerstein tuner. What was the highlight of your time in Cinderella? One of my favorite days was when the Tony nominations were announced. Such excitement, joy, gratitude, and cheerfulness filled the air at the theater that evening. But, mostly, just getting to tell such an iconic story with this fabulous cast—I love the backstage moments and traditions we all have that make me smile every show! Laura Osnes How did you feel when you first got the job? I was thrilled and honored when producer Robyn Goodman called to say she wanted me to play Cinderella in the developmental reading of the show a couple years ago. I feel so blessed that I got to remain with the project through a successful Broadway run! Related Shows Rebecca Luker What was the hardest thing? Facing so many cuts and edits during previews. Favorite moments/songs were eliminated, new lines were added at a moment’s notice, trying to make new jokes land, working through kinks in the script… Plus, it’s the busiest time, between rehearsing every day, performing every night, and typically doing a dozen press events leading up to opening night, ha! Cinderella How do you feel now that you’re leaving? It’s always bittersweet. I am ready for a change and excited to be taking on a new challenge, but it’s going to be very hard to say goodbye to my cast and to Ella, who has been a part of me for the past two years. Santino Fontana Employee Name: Laura Osnes Victoria Clark Why are you leaving? I’m moving on to do The Threepenny Opera off-Broadway at the Atlantic Theater Company. Harriet Harris What was the easiest thing about starring in the show? The wedding scene, because I didn’t have to talk or sing, and it meant the show was over, haha! What will you miss most? I’ll miss laughing with Santino everyday and getting to play with my friends, especially my dressers, Tammy and Carrie. I’ll miss the glances I have on stage with orchestra conductor Andy Einhorn, and hearing the awe-filled applause of the audience when the magic happens. View Comments Show Closed This production ended its run on Jan. 4, 2015 Star Files Job You’re Leaving: Cinderella in Cinderella What advice would you give? The transformational quick changes are a piece of cake with a bit of practice! Be patient with yourself, drink lots of water, remember to breathe, and above all, HAVE FUN! How do you think you’ve grown during your time in Cinderella? I get teary-eyed reminiscing about my journey with Cinderella. I’m now two years older, I’m richer in friendships and in memories, I’m learning how to pace myself—when to push through or when to be okay with taking a break, and I’ve grown from watching and working with the brilliance of Santino Fontana, Victoria Clark, Harriet Harris and Rebecca Luker. And Ella has definitely instilled a greater desire in me to be generous, kind, and forgiving. What are three words you would use to describe your experience in Cinderella? Joyful. Magical. Rigorous. What skills do you think are required for who steps into Cinderella’s glass slippers? Cardiovascular stamina—must be able to constantly be out of the breath and still be able to sing! And for extra credit, a kind heart, a generous spirit, a gentle confidence, and a belief in the “impossible.” View All (5)
Central Vermont reports second quarter earnings RUTLAND – Central Vermont Public Service (NYSE: CV) has reported consolidated second quarter earnings of$3.5 million, or 27 cents per basic and diluted share of common stock. This compares to second quarter2003 earnings of $5.1 million, or 40 cents per basic and diluted share of common stock.For the first six months of 2004, CV reported earnings of $13.9 million, or $1.10 per basic and $1.09 per dilutedshare of common stock, a $3.8 million increase from a year ago. Earnings for the first six months of 2003 totaled$10.1 million, or 80 cents per basic and 79 cents per diluted share of common stock.On Jan. 1, 2004, subsidiary Connecticut Valley Electric Company (“CVEC”) completed the sale of substantiallyall of its plant assets and franchise. In the second quarter of 2003, when the sale became probable, CVEC’soperations were required to be presented in the financial statements as discontinued operations. Net income fromdiscontinued operations for the first six months of 2004 amounted to $12.3 million, reflecting a gain, net of tax, of$12.3 million, or $1.02 per basic and $1.01 per diluted share of common stock. Second quarter 2004 net incomefrom discontinued operations amounted to 1 cent per basic and diluted share of common stock. This compares to2003 net income from discontinued operations of 2 cents and 6 cents per basic and diluted share of common stockfor the second quarter and first six months.For accounting purposes, components of the CVEC transaction are recorded in both continuing and discontinuedoperations in the consolidated income statement. In addition to the gain on the asset sale, described above, CVrecorded a loss on power costs, net of tax, of $8.4 million relating to termination of the power contract betweenCV and CVEC. When the two accounting transactions are combined to assess the total impact of the sale, theresult is a favorable net impact of $3.9 million, or 32 cents per basic and diluted share of common stock.Quarterly Performance SummaryUtility Business – Continuing OperationsOperating revenues decreased $6 million, pre-tax, in the second quarter of 2004 compared to the same periodin 2003, primarily due to the following factors:” The Jan. 1, 2004 termination of the power contract with CVEC decreased revenue by $2.4 million.” Resale sales decreased $4.3 million primarily due to fewer mWh available for resale. The volumedecrease resulted from second quarter 2004 scheduled nuclear plant outages at Vermont Yankee andMillstone Unit #3, and a 19-day unscheduled outage at Vermont Yankee beginning June 18, partiallyoffset by additional mWh available for resale due to the termination of the power contract with CVEC.” Retail and firm sales increased $0.5 million due to increased sales volume, and other operating revenuesincreased $0.2 million.Purchased power expense decreased $3.1 million, pre-tax, in the second quarter of 2004 compared to the sameperiod in 2003 as a result of the following factors:” Power purchases primarily under long-term contracts decreased $8.8 million, due to a scheduled outage atVermont Yankee in April 2004 and a 19-day unscheduled outage at Vermont Yankee beginning June 18due to a transformer fire at the plant, and lower deliveries under the Hydro-Quebec contract.
Brutal economic times spur resourcefulness and innovation, two attributes that aptly describe Smart Business, a new commuting program from the Chittenden County Transportation Authority (CCTA) that delivers savings incentives to savvy employers and their employees.Through the Transportation Equity Act (TEA-21), the federal government provides financial incentives to encourage more workers to commute with public transportation, through programs like Smart Business.The program is convenient and easy to administer. Participating businesses purchase monthly “Smart Passes” for use on CCTA’s local buses and LINK Express regional commuter buses. The employer enjoys flexibility in how much of the benefit to pay for, and how to distribute the passes and administer the program. The Smart Pass can be on hand and available any time an employee wishes to take advantage of public transportation. It can be offered formally as a fully-paid benefit or as a pre-tax transportation, or shared-cost, benefit.“This program is a perfect fit for any manager who wants to retain quality employees,” said CCTA General Manager Chris Cole. “It saves employees real money at a time when every dollar counts and provides business with a tool to recruit and retain employees. “When subsidized commuting costs are offered as a perk, employees and employers reap the rewards. Employees realize a greater real dollar value for their hard work by circumventing the state and federal payroll taxes that come with a traditional raise. They eliminate parking fees or worse yet, regular trips to feed a meter, as well as the hassle of parking a great distance from their workplace. They needn’t budget for unforeseen spikes in gas prices, a concern that drives many quality employees to consider taking a job closer to home. Smart Business provides a reliable, stress-free ride and an opportunity to support global green initiatives, an important factor for many participants.“Smart Business was a factor in my taking the job,” said Chaim Rochester a Burlington commuter who splits his transportation expense with his employer Healthy Living.“The bus is my ride to work and it’s a consistent one, getting me to work regardless of the worst winter weather. Taking the bus saves me from paying all the fees associated with a car.”The amount of money employees can save with Smart Business depends upon their current commuting costs — the longer the commute, the more they’ll save. John Fairbanks at Vermont Housing Finance Agency commutes 400 miles a week from his home in Montpelier. Calling himself “a huge fan,” Fairbanks says “I get up a little earlier in the morning but that’s a trifle weighed against the convenience and savings.” Using the fuel calculator featured on the CCTA website (CCTAride.org) it is estimated that Fairbanks realizes an annual savings of more than $2,000. On average, workers spend thousands of dollars a year driving to work each day in a single-occupancy vehicle.A hidden benefit of Smart Business is Sure Ride, a reassuring safety net for Smart Pass holders who experience unexpected overtime, illness or a personal emergency. CCTA will cover cab fare for up to $25 per ride, up to four times a year without a lot of red tape. Pre-approval isn’t required, just a receipt.Employers find enrollment in Smart Business, well, a smart business decision. Apart from all the tax benefits, Smart Business is a great morale booster and recruitment tool that widens the pool of potential quality professionals and provides added value to employment contracts. Partnering with the Smart Business program broadcasts the message that the company cares about its employees and its carbon footprint, a bold statement that increases employee and customer loyalty. Smart Business distinguishes a company in a competitive marketplace. ##
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 21-year-old Merrick man was killed when he crashed his motorcycle in Bellmore on Thursday night.Nassau County police said Brian P. Sammons was riding a Harley-Davidson southbound on Newbridge Road when he rear-ended a Chevrolet Malibu at the corner of Oak Street at 10:44 p.m.Sammons was thrown from the motorcycle. He was pronounced dead at the scene.Homicide Squad detectives impounded the vehicles and are continuing the investigation but the other driver was not charged.