Germany’s energy giants place opposing bets in $27 billion deal

Anna Hirtenstein and Rachel Morison, Bloomberg Published 9:34 am, Tuesday, March 13, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-4', placement: 'Interstitial Gallery Thumbnails 4', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Jasper Juinen/Bloomberg Image 1of/4 CaptionClose Image 1 of 4 EON CFO Marc Spieker, from left, EON CEO Johannes Teyssen, RWE ECO Rolf Schmitz and RWE CFO Markus Krebber during a news conference in Essen, Germany, on March 13, 2018. EON CFO Marc Spieker, from left, EON CEO Johannes Teyssen, RWE ECO Rolf Schmitz and RWE CFO Markus Krebber during a news conference in Essen, Germany, on March 13, 2018. Photo: Jasper Juinen/Bloomberg Image 2 of 4 The EON is seen on banners outside headquarters in Essen, Germany, on March 9, 2016. The EON is seen on banners outside headquarters in Essen, Germany, on March 9, 2016. Photo: Jasper Juinen/Bloomberg Image 3 of 4 A bucket wheel rotates during mining operations at the Garzweiler open cast lignite mine, operated by RWE, in Garzweiler, Germany, on July 13, 2017. A bucket wheel rotates during mining operations at the Garzweiler open cast lignite mine, operated by RWE, in Garzweiler, Germany, on July 13, 2017. Photo: Krisztian Bocsi/Bloomberg Image 4 of 4 Germany's energy giants place opposing bets in $27 billion deal 1 / 4 Back to Gallery Germany's largest energy companies set out opposing views on how to profit from selling electricity in their $27 billion (22 billion-euro) reshuffling of the industry. In the second major restructuring of the utility business in as many years, EON Continue Reading

Chelsea 3 Roma 3: Eden Hazard scores twice to rescue a point as Blues share six goals

This really was a hazard warning. Chelsea were defensively catastrophic, alarm bells ringing amid rising chaos, before relying on Eden Hazard to rescue them with the second of his two goals, the first he has scored in the Champions League for 33 months, averting a third successive defeat. Crises come quickly at Chelsea and if they had followed up two Premier League losses with another here it would have revved up the scrutiny, especially on manager Antonio Conte, who has not been slow to express his own discontent over the inadequacies of his squad. That chaos was all over the pitch with David Luiz stomping off with a calf problem, but not before Conte had shown his apparent displeasure at the Brazilian’s at times ­brilliant but also scattergun performance while Cesc Fabregas had a page of instructions thrust into his hands. That the paper was A4 size showed how extensive the re-adjustments had to be. There was more. Captain Gary Cahill suffered a clash of heads, a cut chin and carried on with a bandage applied around his head, ­making him appear like Humpty-Dumpty, and there was an egg-like fragility to Chelsea so unusual under Conte, who was also warned by Slovenian referee Damir Skomina for his jack-in-the-box – or outside the box as he encroached beyond his technical area – behaviour. Conte was scathing afterwards, accusing his players of losing ­“totally our knowledge, our style of football”, although he eventually checked himself to praise the ­character his team showed after they appeared to have fractured. And yet Chelsea got away with it and not least because, before they kicked off, Atletico Madrid blew it in Azerbaijan as they drew 0-0 with Group C whipping boys, Qarabag. It meant this draw kept Chelsea in control at the head of the group. Had they lost, it really would have made their visit to Rome in a fortnight’s time all the more enthralling. It had seemed the headlines would be about Continue Reading

The Latest: SKorean hockey team makes history with 1st goal

PYEONGCHANG, South Korea — The Latest on the Pyeongchang Olympics (all times local): 9:45 p.m. South Korea's men's hockey team has made history, scoring its first goal in the first period of its first Olympic game. Canada-born Brock Radunske fired a shot past Czech Republic goaltender Pavel Francouz to give South Korea a 1-0 lead on Thursday. The goal happened right in front of North Korea's 200-member cheerleading troupe. ___ 9:35 p.m. Speedskater Jorrit Bergsma of the Netherlands has broken his own Olympic record in the 10,000 meters at the Pyeongchang Games. He was timed in 12 minutes, 41.99 seconds on Thursday, bettering his old mark of 12:44.45 set four years ago in Sochi when he won the gold. Bergsma increased his speed around the 6,000-meter mark and his lap times dipped under 30 seconds. He kept them there until the finish of the grueling race. Still to skate are rivals Ted-Jan Bloemen of Canada and Dutch teammate Sven Kramer. ___ 8:45 p.m. Two hundred North Korean cheerleaders have arrived to watch South Korea's opening Pyeongchang Olympic men's game against the Czech Republic. The all-female cheerleaders were dressed identically in red, white and blue tracksuits and white hats. They filed into the Gangneung Hockey Centre with male minders and sat down behind one of the goals. They are waving flags as the South Korean team warms up while "Power" by Kanye West plays over the arena music system. Dozens of South Koreans around their section are taking photos of the cheerleaders and selfies with them as a backdrop. The hockey team is made up of 18 South Koreans, six Canadians and one American. The seven North Americans are all dual citizens. ___ 8:25 p.m. Snowboarder Regino Hernandez made a bet with his skiman that if he won a medal at the Pyeongchang Olympics, they would both tattoo their big-bearded faces on each other. Well, he won. Hernandez took home bronze in men's snowboardcross Thursday, giving Spain only its third Winter Games medal — and Continue Reading

5-at-10: Monster mailbag with Super Bowl food and props contest, Titans coach, XFL thoughts, Rushmores, Not exactly fan mail

From Todd C  For the mailbag what's your favorite Super Bowl party foods, and yes we all like chicken wings. Todd C. — Such a great question. We'll likely have some if not all of the following: We go buffalo chicken dip rather than the wings. We almost always make chili (for me) and homemade pizza (for the kids). The game-day snacks range from easy (Scoops — which are Tostidos with a piece of pepper jack cheese and some salsa microwaved for 45 seconds) to the intricate (the Mrs. 5-at-10 has a wickedly good array of snacks from artichoke dip — not my fav — to a jalapeno popper dip that is amazing). We'll likely grill some sausages for a cheese and sausage platter as well. And, as most of you know, plenty of Co-Colas on hand to make wash everything down. Speaking of that here's the list of the 10 Super Bowl prop bets/guesses for the very first 5-at-10 Super Duper Bowl Bet-Off. Here are the rules. Most correct answers out of 10 wins the prize pack, which will include some TFP swag lunch gift card to a fern bar-type establishment and maybe another trinket or three. On the open-ended questions, the Price Is Right rules are in effect. Meaning on question 1 of "How many passing yards will Tom Brady have in Super Bowl LII" if you answer 301 and he throws for 300, the person who guessed 1 is closer than the person who guessed 301. Deal? Deal. (And yes, the over/unders set by Vegas are one side or the other, but considering the number of folks we expect to play, 10 either/ors could set us up for a lot of ties. As always it's free to play, so whatcha waiting for?) 1. Tom Brady's passing yards. 2. Person to score the first points of Super Bowl LII. (Please specify any offensive player or kicker. If you want to say defensive player, that includes everyone else and covers all returns, defensive scores and safeties.) 3. How long in seconds will the national anthem last? 4. Patriots minus-5, who you got? 5. Justin Timberlake's first song during the Continue Reading

Why Nebraska fans need to root for Alabama — and hope AP voters choose history over status quo

LINCOLN — Sit down, Husker fan. This news might be tough to hear. The Alabama Crimson Tide play for the College Football Playoff title Monday night, and you should root for them. As you tuck into a plate of wings, find your inner Minkah Fitzpatrick and yell “Roll Tide!” You may have a gag reflex to doing that. Alabama is the Borg of college football. Resistance is futile! Alabama has won four national titles since 2009. Alabama has had the top-rated recruiting class, according to 247 Sports, every year since 2011. Alabama is coached by Nick Saban, a most serious man who tends to glance into the camera as if there’s a little gremlin inside it that he’d like to strangle. Alabama is better than you, shows no signs of relenting, and will come to your state and steal away your best recruit. Alabama is probably one win away from permanently referring to itself in the third person. That’s the team you want to win. Here’s why: There’s a tiny, tiny, really, really tiny, you-can’t-even-see-it-but-you-know-it’s-there tiny chance that, if Alabama wins, Nebraska's new coach, Scott Frost, wins too, because Central Florida wins, by some sheer grace or stubbornness of Associated Press voters, a share of the national championship. It could happen. It’s probably not going to happen, but each AP voter, including myself, received an email Saturday night reminding us: “You are under no obligation to vote the playoff winner No. 1.” Now that, it should be noted, has always been true since the CFP started. But only this season does it get interesting. Because UCF won all of its games, finishing 13-0. And the team it beat in the Peach Bowl, Auburn, is the same team that gave Alabama its only loss. Auburn dealt Georgia its only loss, too, but the Bulldogs avenged it in the SEC Championship game. What’s more, Georgia won the SEC. It also won a non-conference road game at ten-win Notre Continue Reading

Portsmouth defense contractor Fairlead Integrated is betting on a growing Navy

VIRGINIA BEACH Jerry Miller is back, not that he ever went away. As the size of the Navy fleet of the future has grown, along with plans to build a new class of ballistic submarines and the continued construction of two Virginia-class attack submarines a year, he sees opportunity beckoning. So he’s helping to position Fairlead Integrated, the Portsmouth-based defense-contracting firm he forged and rebranded three years ago, by building a 40,000-square-foot manufacturing complex in Virginia Beach. “This is one of those things where I’m making a bet here,” Miller said after a groundbreaking for the new facility earlier this month, attended by top city officials, other company executives and about 50 Fairlead workers who were bused to the site from their current digs in Chesapeake. “One of the things that we’ve been talking about for a long time is growth in military construction, ship construction in particular,” Miller said before the event. “When you look at what’s going on – regardless of the fact that we don’t have a budget yet – there’s a new class of submarines being built in this area. We hope to be involved in it. We’re building for that future.” Newport News Shipbuilding, part of Huntington Ingalls Industries, is one of only two shipyards in the country that builds submarines. Along with Connecticut-based General Dynamics Electric Boat , the Newport News yard will share in the construction of the new ballistic submarines, in much the same way the two yards collaborate on the building of Virginia-class submarines now, with each yard building different sections of each submarine. Between 2021 and 2039, the two yards will build a dozen of the new vessels, with Electric Boat serving as the prime contractor, according to Huntington Ingalls. Newport News Shipbuilding will account for a 22 percent to 23 percent share of the workload, with Electric Boat responsible for Continue Reading

NFL Week 2 Bettor’s Guide: Giants pick rides on Odell Beckham’s status; How big to go with Raiders

From the best NFL games to bet, to the ones you should steer clear of, check out our guide to get you through the week a winner. Then check out how the rest of our crew of pigskin experts see this weekend's action as they pick against the spread. LIONS at GIANTS Monday, 8:30 p.m., Giants by 3½, 43½ HANK’S HONEYS: Impossible to pick this one without knowing Odell Beckham’s status. The Giants’ inability to stretch the field without him leaves Eli Manning looking for dumpoffs, especially since they can’t run the ball. Moneybags Matt Stafford torched the Cardinals last week but Arizona sat back against him. The Giants won’t. There’s also the factor of the Lions’ record outdoors. Under head coach Jim Caldwell, the Lions are 5-13, including five straight defeats. If Beckham plays, and it’s not likely, Giants probably win but the points look like the safer bet right now. IF I WERE A BETTING MAN: Lions and the under. JETS at RAIDERS 4:05 p.m., Raiders by 13½, 43½ HANK’S HONEYS: It’s going to be the same story every week with the Jets, trying to figure out by how many points they’ll lose. More alarming than the predictably bad Jets offense was a D that had only to worry about LeSean McCoy and was still ripped apart. The Raider O, with an elite receiving corps, should have little trouble exploiting the Jets secondary in this one while Marshawn Lynch pounds away inside. With the Las Vegas Raiders on the horizon, it’s likely the Jets’ final trip into the Black Hole, where history hasn’t been kind to them dating back to the Heidi Game. This time, the TVs can safely be shut off by the 2:00 warning. IF I WERE A BETTING MAN: Raiders and the under. PATRIOTS at SAINTS 1 p.m., Patriots by 6½, 55½ HANK’S HONEYS: It didn’t matter who the opponent would be, this is a bad week to be facing the Continue Reading

NFL Week 2 Bettor’s Guide: Why you should go with the underdogs, even the Saints vs. Big Blue

Let's try and forget about Week 1. Seriously, throw it out the window. In doing so, we can harness the power of most bettors' Kryptonite: recency bias. When most folks scan the weekly NFL lines, their immediate reactions are often based on what the team did in its last game. This is scary, because it makes people think that the Eagles are good, the Cardinals are bad, and that Dak Prescott is a bust (yes, I'm hanging tough on that one). But their loss is our gain. We can take advantage of this by betting the opposite of what someone who paid attention to Week 1 would do. That will, in most cases, put us on the same side of the bookmakers: right where we want to be. Let's dive into the games. SAINTS AT GIANTS 1 p.m. Sunday, Ch. 5, Giants by 5, 52.5 Walder's Wisdom: What would this line be if the Raiders' two-point attempt at the end of the game against the Saints had failed? 3.5? 4 at the most? That's at least a free point right there. What if, on top of that, Terrance Williams had gone out of bounds and Dan Bailey had kicked a crazy field goal to beat the Giants? That was unlikely, but it would have brought this spread down despite having nothing to do with the Giants. Most people will remember the Giants winning and the Saints blowing it. One could make a case here that the Giants deserve a slight edge beyond the standard three points for home field advantage. So a 3.5 spread at absolute best. But 5? That's way too much. (Oh -- and last year's shootout probably influenced this over/under I would think. Forget about it. It's too high). IF I WERE A BETTING MAN: Saints and the under. SEAHAWKS AT RAMS 4:05 p.m. Sunday, Seahawks by 6.5, 38.5 Walder's Wisdom: This is a prime example of what I'm talking about. It literally churns my stomach to bet on the Rams. This is the team that got shut out in Week 1. This is the team that still employs Jeff Fisher. This is the team that just re-upped its Continue Reading

Investors bet on Portland neighborhood’s revival

Louisville entrepreneur Gill Holland has raised almost a tenth of the $24 million he estimates is needed to revitalize Louisville's blighted Portland neighborhood into an inviting, walkable hub of homes and businesses west of downtown.The vision is a bold one: Mimic Holland's success turning the East Market Street corridor from a collection of falling down warehouses into the hub of restaurants and galleries now known as NuLu."In five years, you won't even recognize Portland," predicted Corky Taylor, owner of the Kentucky Peerless Distilling Co., due to open in October on North 10th Street — the eastern boundary of Portland.Some investments are tiny, like $25 on Kickstarter toward a used espresso machine for McQuixote, a bookstore and beanery under construction at 1512 Portland Ave.Others are large. Louisville philanthropist Henry V. Heuser Jr. invested $250,000 to renovate shotgun houses into affordable housing. ALSO: Downtown development agency gets new chief AND: City to improve pedestrian safety with $307,000 grantTerry Zink, 26, just invested $5,000 in a Holland-backed warehouse-turned-indie-film complex at 15th and Lytle streets."One of my Louisville friends thinks (Portland) is an outstanding opportunity and the other thinks I am nuts," said Zink, a St. Xavier High School grad who works at an architecture firm in the neighborhood.Other investors include Brown-Forman scion and chairman of the liquor company, George Garvin Brown IV. In 2005, Holland married Augusta Brown, daughter of late Brown-Forman CEO Owsley Brown II.Portland, outlined by a northern bend in the Ohio River, is bounded on the south by Market Street. Its reputation for poverty is backed by statistics — unemployment was 24 percent, according to 2011 Census data and the median household income was $22,999, about half Jefferson County's overall. One in 10 Portland homes is vacant, and the average home value was $15,500 in 2013 after averaging as much as $64,500 in 2006, Continue Reading

All bets in, NFL says officials not fixed

Mike Pereira, the NFL's vice president of officiating, is focused on the 120 members of his crew getting the call right and doesn't concern himself with how mistakes impact the betting line.He admits the public's confidence in his officials has "taken a hit" this season after referee Ed Hochuli's blunder  cost the Chargers their game in Denver the second week of the season and when referee Scott Green incorrectly reversed Troy Polamalu's touchdown on the final play of the Steelers-Chargers game last week after he was talked out of the right call by a member of the crew. MYERS' TOP 10 POWER RANKINGSBut, Pereira insists, there is no reason to question the integrity of his officials. After the Tim Donaghy betting scandal in the NBA, there is always going to be suspicion. All leagues must have their radars up to prevent any semblance of impropriety. The Steelers won, 11-10, but didn't cover the point spread, which was 4½  or 5 points. If the touchdown was upheld, they would have covered. All week, the NFL had to be uncomfortable as the Polamalu call was debated, and although it is extremely far-fetched, fans wondered whether the "fix" was in.Pereira told the Daily News the NFL conducted background checks on every official during this past offseason after the Donaghy fiasco. The checks are usually done periodically. He is not concerned any hanky-panky was going on in Pittsburgh. Still, it was an oddly officiated game. Green's reversal did not impact the outcome, only the bettors. The crew also called 13 penalties for 115 yards on the Steelers and two for five yards on the Chargers. Pereira said he was told it was the 51st time in NFL history there was such a large discrepancy in penalties. OUR EXPERTS CALL THE SHOTS"There is not an official on the field whose background check is not current," he said. "All sports reacted after the NBA situation and checked out people in that area. I don't think about what may or may not happen on the gambling front, but Continue Reading