Promising Developments at Former New Jersey Supply Depot

first_img Dan Cohen AUTHOR The Lincoln Equities Group plans to turn an unused, 90-acre waterfront parcel at the former Military Ocean Terminal Bayonne, N.J., into 1.6 million square feet of “next generation” industrial warehouse space to house e-commerce and logistics companies importing goods through the Port of New York and New Jersey, officials announced Thursday. The developer is acquiring the site from Highstar Capital for a project which is expected to generate 2,700 jobs, reports the Jersey Journal. … The former Army facility, a man-made peninsula jutting into New York Harbor, has seen little development until recently. Last week, Bayonne officials said they had reached an agreement with the Port Authority of New York and New Jersey to operate a commuter ferry to Manhattan, according to the Hudson Reporter.Jersey Journal photo by Reena Rose Sibayanlast_img read more

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Christmas Services Schedule For Wilmington Churches

first_imgShare this:TwitterFacebookLike this:Like Loading… RelatedChristmas Services Schedule For Wilmington ChurchesIn “Community”Christmas Eve & Christmas Day Schedule For Wilmington ChurchesIn “Community”Christmas Services Schedule For Wilmington ChurchesIn “Community” Thank You To Our Sponsor: WILMINGTON, MA — Below is information on Christmas Eve and Christmas Day services for all Wilmington churches:Abundant Life Church — Christmas Eve: 4pmCongregational Church in Wilmington — Christmas Eve: 7pmGrace Chapel — Christmas Eve: 3pm and 4:30pmSt. Dorothy’s — Christmas Eve: 6pm; Christmas Day: 7:30am and 11amSt. Elizabeth’s Episcopal Church — December 23: Family-Friendly Christmas Service at 10amSt. Thomas — Christmas Eve: 4pm and 10:30pm; Christmas Day: 9amWilmington United Methodist Church — Christmas Eve: 5pm (Family Service), 7pm (Traditional Service), 11pm (Candlelight Service)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.last_img read more

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Oracle Faces Scrutiny over 13 Billion Verdict Against SAP

first_imgA U.S. appeals court appeared skeptical on Tuesday about reinstating a $1.3 billion jury verdict won by Oracle Corp against SAP, in a case where the European software company admitted massive copyright infringement.At a court hearing on Tuesday, two 9th U.S. Circuit Court of Appeals judges also suggested Oracle may deserve more than the roughly $300 million it had been assigned by a lower court.A Northern California jury awarded Oracle $1.3 billion in 2010 over accusations that SAP AG subsidiary, TomorrowNow, wrongfully downloaded millions of Oracle files. SAP had acquired TomorrowNow as part of a strategy to provide software support to Oracle customers at lower rates than what Oracle charged, and eventually convince some of those companies to become SAP customers.The trial between the two enterprise software competitors was widely watched at the time, as top Oracle executives Larry Ellison and Safra Catz testified. However, U.S. District Judge Phyllis Hamilton in Oakland, California ruled that Oracle had proven actual damages of only $272 million.Oracle has asked the 9th U.S. Circuit Court of Appeals to reverse that ruling.At a court hearing on Tuesday before a three-judge 9th Circuit panel, Oracle attorney Kathleen Sullivan said internal SAP documents showed SAP had expected about $900 million in new revenue by using TomorrowNow to poach Oracle customers. That, and other evidence, was sufficient for the jury to arrive at its $1.3 billion figure, Sullivan argued.However, 9th Circuit Judge Susan Graber questioned whether those SAP revenue figures were objective evidence of the value of the copyrighted material.”It’s hypothetical revenue information, which is not the same,” Graber said.”These may be pie in the sky dreaming,” Judge William Fletcher added.The judges did not issue a formal ruling from the bench. SAP eventually shuttered TomorrowNow, which pleaded guilty to criminal copyright infringement and other charges.SAP admitted liability for the downloads just prior to the 2010 trial, so the only issue in dispute was how much SAP would pay Oracle in damages. Oracle said that figure should be calculated based on what SAP would have paid Oracle had it licensed the materials, instead of downloading them without permission. Oracle estimated that amount in the billions.In her lower court ruling, however, Hamilton decided Oracle is only entitled to profits it had lost as a result of the downloads, as well as any profits SAP gained. The judge calculated that amount at $272 million.At the 9th Circuit hearing on Tuesday, Graber said $272 million “seems low,” and Fletcher said it “seems to me wrong.”SAP attorney Tharan “Greg” Lanier defended the amount, though he acknowledged that Oracle presented evidence at trial that the profits calculation could come to $487 million.The case in the 9th Circuit is Oracle Corp et al. vs. SAP AG et al., 12-16944.last_img read more

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Heavy rain flooding paralyse Mumbai

first_imgAn Indian boy pulls his bicycle through a flooded street during heavy rain showers in Mumbai on 29 August, 2017. Photo: AFPHeavy rain brought India’s financial capital Mumbai to a virtual standstill on Tuesday, flooding streets, causing transport chaos and prompting warnings to stay indoors.Dozens of flights and local train services were cancelled as rains lashed the coastal city of nearly 20 million people.Floods have killed more than 1,000 people in India, Nepal and Bangladesh in recent weeks and forced millions from their homes in the region’s worst monsoon disaster in recent years.As the meteorological department warned that the Mumbai rains would continue for the next 24 hours many offices sent staff home early, fearing a repeat of 2005 floods that killed more than 1,000 people.“I haven’t been able to travel and had to cancel all my plans,” said researcher Rajesh Prabhakar, who was stranded on the outskirts of the city after flooding forced the cancellation of rail services.“Many of my friends are stranded at railway stations… this is a reminder of the 2005 floods.”Environmentalists blame frequent flooding in Mumbai on unscrupulous development that blocks drains.Electricity, water supply, communication networks and public transportation were totally shut down during the 2005 catastrophe.India’s National Disaster Response Force said it was taking all precautionary measures.last_img read more

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