Daily Archives: October 26, 2012

Chase Freedom Lifestyle Index Points to a Steady Increase in Consumer Spending

Posted: October 26, 2012 at 9:31 pm

WILMINGTON, Del.--(BUSINESS WIRE)--

Chase today released the third quarter (Q3) 2012 findings of the Chase Freedom Lifestyle Index, a quarterly barometer of consumer trends based on aggregated Chase Freedom cardholder spending data. According to the Chase Freedom Lifestyle Index, overall cardholder spending increased 4 percent in Q3 of 2012, compared to the same quarter in 2011. Spending was strong across the majority of categories, with solid increases in food, back-to-school, and outdoor/leisure expenditures.

Consumers are slowly beginning to open their wallets, based on the steady increases in spending we are witnessing, said Phil Christian, general manager, Chase Freedom. The overall trends suggest that consumers are increasing discretionary entertainment and leisure spending on a year-over-year basis, which is a good sign from an economic recovery perspective. As we enter into the holiday season, we believe the current spending trends point to what is likely to be a strong holiday shopping season in the fourth quarter.

On a quarter-over-quarter basis, overall spending went up by 1 percent in Q3 2012, following a sharp increase (9 percent) from Q1 to Q2, underscoring a continued upward trend since Q2 2012.

Back-to-school shopping

Chase Freedom Lifestyle Index data pointed to a healthy back-to-school shopping season, with combined spending on apparel/clothing, books, and museums increasing 6 percent in Q3 2012, compared to the same quarter in 2011.

Eating out

Chase Freedom cardholders spent 22 percent more in fast food in Q3 2012, compared to Q3 2011. Restaurant spending was nearly as strong, with a 19 percent year-over-year increase.

Outdoors, sports, and entertainment

Spending on outdoor and leisure activities recorded an overall 8 percent increase, with Chase Freedom cardholders spending 8 and 9 percent more at recreational facilities and on sporting goods, respectively, in Q3 2012, compared to the same quarter in 2011.

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Freedom beats Pittsburg in nail-biter

Posted: at 9:31 pm

by Michael Dixon Thepress.Net

Junior halfback Joe Mixon heads upfield during the Falcons 49-48 win over Pittsburg on Oct. 12. Photo by Angelo Garcia Jr.

But thanks to a relentless offensive attack and timely plays from the defense and special teams, the Falcons escaped Pittsburg with a 49-48 victory.

Christian Montions interception with a minute remaining cemented the wild win for the Falcons. We were playing a cover two, so I just dropped back in my flat, Montion said. It felt like a dream just seeing the ball right. I had to get it. Youve got to take advantage of the opportunities that they give you.

The game would still have gone into overtime had it not been for the Falcons special teams. Down seven points, Pittsburg senior Craijon Menefee scored his fifth touchdown of the night on a 28-yard, fourth-down sprint. Freedom senior lineman Bobby Montgomery blocked the extra-point kick to keep the Falcons lead at 49-48, which proved the difference. It was time to step up; we had only a few minutes left, Montgomery said. We had to give it our all.

Freedom (5-2, 2-0 in the Bay Valley Athletic League) jumped out to a 21-7 lead after a quarter, but the Pirates outscored the Falcons 21-7 in the second quarter. When senior running back Jamal Lockett and junior Harris Ross scored on runs of 40 and 61 yards to open the second half, the Falcons were looking at a 42-28 deficit.

Freedom answered with three straight touchdowns to make it 49-42. Thats a huge win, Freedom head coach Kevin Hartwig said. Anytime you can beat Pitt at Pitt, its a great thing. We talked last night that there are highs and lows, and we had them all tonight.

As usual, Freedom was carried mainly by junior running back Joe Mixon and senior wide receiver Darrell Daniels. The only Falcons touchdown not scored by one of them came on a 77-yard TD pass in the Wildcat formation when Mixon was quarterback.

It was crazy how we pulled it out, Mixon said. I told everybody on the team that it was going to be a dogfight all game, and thats what it was.

Mixon ran for only 31 yards on 16 carries, but caught five passes for 79 yards and three touchdowns. Daniels got the scoring started on a 38-yard reverse in the first quarter, and later notched what proved to be the decisive score on a 14-yard fade pass from Mayes.

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Freedom of Belfast for Dame Mary

Posted: at 9:31 pm

Published Thursday, 25 October 2012

Mary Peters carrying the Olympic flame ahead of the 2012 Games. (LOCOG)

The 73-year-old - who won pentathlon gold in 1972 - will be awarded for her work to promote sport in Northern Ireland and further afield over the past 40 years.

A motion calling for her efforts to be recognised will be brought before the city council later this week and is expected to receive cross-party support.

Pat McCarthy, who is proposing the move, said it is long overdue.

"This is the highest honour that Belfast can bestow on any person," said the SDLP member.

For Mary it is not about politics it is about sport. This is something that is long, long overdue

Pat McCarthy

"It is not being given because Mary just won a gold medal 40 years ago, for me, it is because she has tirelessly undertaken work to promote sport among young people and has raised substantial funds to help young people compete. And, many of those that she has helped have gone on to compete for Team GB and for Team Ireland."

Dame Mary, who was born in Halewood near Liverpool in 1939 before moving with her family to live in Co Armagh, competed in three Olympic Games and five Commonwealth Games starting from the age of eighteen.

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Freedom Boulevard Intersection In Bryan Closing For Weekend

Posted: at 9:31 pm

Traffic tie-ups are coming to Bryan's busiest street this weekend as contractors shut down Freedom Boulevard at the Briarcrest Drive intersection for the whole weekend.

Several local businesses are expecting to take a hit.

Driving in Bryan is getting more difficult and a busy weekend will bring detours to a major shopping area.

Freedom Boulevard is closing starting at 6:30 P.M. Friday at the Briarcrest Drive intersection so that construction crews can fix the pavement and median.

Casa Ole's main road and a number of other businesses have less access now. Waiter Francisco Tirado expects a slow evening but thinks travel will be better after the improvements.

"Probably going to be a crazy night. There's going to be a lot of people that doesn't know about that new stuff they are doing they are blocking the road and everything," said Francisco Tirado.

Taylor Matcek came to eat at Casa Ole but plans to steer clear of the area this weekend or at least plan ahead.

"It was good right now it wasn't too bad. Guess we'll see when they start," said Matcek.

The detour will last all weekend long with Freedom Boulevard not expected to reopen until 6:30 Monday morning.

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Liberty County Settles Lawsuit Over Mass Grave Fiasco

Posted: at 9:30 pm

Liberty County has accepted a settlement agreement with a family that sued the county for allegedly damaging their reputation and good name during the investigation of a reported mass grave on their property.

The Liberty County Commissioners Court agreed on Oct. 23 to pay the couple, Joe Bankston and Gena Charleton, $15,000 each to settle the lawsuit filed on June 5 of this year in the 193rd Judicial District in Dallas.

The couple owned a property in the Hardin area that gained international attention when it was reported that a mass grave of dozens of children had been found at their residence. The couple sued Liberty County along with several other national media outlets. The media groups being sued by Bankson and Charlton KPRC, Belo Corp.

The New York Times, CNN America, Thompson Reuters and ABC News are accused of publishing false statements claiming that bodies had been found on the property or for republishing statements made by other media, thereby making the statements their own. On June 6, 2011, deputies from the sheriffs office, assisted by agents with the Federal Bureau of Investigation, searched the Bankson-Charlton home on CR 2048 at CR 2049 after the sheriffs office received a tip that multiple bodies had been buried on the property. Using cadaver dogs, authorities scanned the property, but found nothing.

Hours later, after the story gained global media attention, it was revealed that the uncorroborated tip had, in fact, come from a psychic. No bodies were found on the property.

The lawsuit also claimed that the sheriffs department did not properly secure the home after leaving. Stray dogs entered the home and defecated throughout the residence. By settling the case, the county avoids additional litigation costs since the lawsuit was filed in Dallas.

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Lady Liberty now wheelchair accessible

Posted: at 9:30 pm

A New York Fire Department boat sprays water as the USS New York passes her near the Statue of Liberty in New York on November 7, 2009. UPI/Danielle Bacon/U.S. Marines

License photo

Published: Oct. 25, 2012 at 12:23 PM

NEW YORK, Oct. 25 (UPI) -- The Statue of Liberty in New York will be wheelchair accessible for the first time when it opens this weekend after a year of renovations, officials said.

Statue of Liberty Superintendent David Luchsinger said the renovations, which include installing new staircases and an elevator designed for wheelchair-bound guests who wish to visit the observation decks, will allow about 26,000 more people to visit the monument per year when it reopens on its 126th birthday Sunday, CNN reported Thursday.

Luchsinger said about 3.5 million people visit the statue each year.

"Folks that have never been able to maneuver on the staircases can now go all the way up to the observation deck and experience that," he said. "She's not only our Statue of Liberty, she's the world's Statue of Liberty."

Larry Hughes, a Vietnam War veteran, was chosen as the first wheelchair user to test out the elevator.

"You see this stuff on TV ... but to actually be here, it takes on a whole brand new dimension," Hughes said.

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With renovations complete, Statue of Liberty to reopen on its 126th anniversary Sunday

Posted: at 9:30 pm

NEW YORK, N.Y. - The Statue of Liberty is set to reopen to the public on Sunday, the U.S. landmark's 126th anniversary.

The statue has been closed since last October for renovation to its interior, although the public has been allowed to visit its Liberty Island grounds in New York Harbor.

The $30 million renovation that began last year included replacing the stairs to the crown and making them less steep. There are now 393 steps, instead of 354.

For the first time, visitors using wheelchairs will be able to visit one of the observation decks at the top of the pedestal. National Parks Service spokeswoman Mindi Rambo said that is as high as it's possible to provide wheelchair access while preserving the historic structure.

The statue, a gift from France, was dedicated on Oct. 28, 1886. It was conceived to symbolize the friendship between the two countries and their shared love of liberty.

About 3.5 million people visit the statue every year. Parks Service official said the renovations will allow an additional 26,000 people to visit inside the monument annually.

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Statue of Liberty reopens on 126th birthday Sunday

Posted: at 9:30 pm

NEW YORK (AP) The Statue of Liberty is set to reopen to the public on Sunday, the U.S. landmark's 126th anniversary.

The statue has been closed since last October for renovation to its interior, although the public has been allowed to visit its Liberty Island grounds in New York Harbor.

The $30 million renovation that began last year included replacing the stairs to the crown and making them less steep. There are now 393 steps, instead of 354.

For the first time, visitors using wheelchairs will be able to visit one of the observation decks at the top of the pedestal. National Parks Service spokeswoman Mindi Rambo said that is as high as it's possible to provide wheelchair access while preserving the historic structure.

The statue, a gift from France, was dedicated on Oct. 28, 1886. It was conceived to symbolize the friendship between the two countries and their shared love of liberty.

About 3.5 million people visit the statue every year. Parks Service official said the renovations will allow an additional 26,000 people to visit inside the monument annually.

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Laimbeer joins Liberty as general manager, coach

Posted: at 9:30 pm

NEW YORK (AP) -- Bill Laimbeer returned to the WNBA on Thursday as the New York Liberty's general manager and coach.

The former Detroit Pistons star led the Detroit Shock to three WNBA titles and was 137-93 as the team's general manager and coach from 2002-09.

''I am very excited to return to the WNBA, and for the opportunity to join the New York Liberty,'' Laimbeer said. ''I missed the competitive fire of players like Cappie Pondexter and Plenette Pierson, two hard-nosed competitors for the Liberty. The commitment of our fans and the city will be invaluable in our quest to bring a WNBA championship to New York. After all, that's really all that counts.''

Laimbeer replaces John Whisenant. In two seasons as general manager and coach, Whisenant had a 34-34 record and led the Liberty to playoff berths.

''We're excited to have Bill Laimbeer join the New York Liberty as our general manager and head coach,'' said Allan Houston, the New York Knicks' assistant GM who oversees the Liberty's basketball operations. ''He has brought his winning pedigree and passion to the WNBA and I believe he will play a large role in bringing a championship to the Liberty. We appreciate Coach Whisenant's dedication to our team and the organization, and wish him well in the future.''

Terms of Laimbeer's deal with the team weren't disclosed.

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Lady Liberty to reopen after a year

Posted: at 9:30 pm

By Leigh Remizowski, CNN

updated 1:10 PM EDT, Thu October 25, 2012

STORY HIGHLIGHTS

New York (CNN) -- The Statue of Liberty is set to reopen Sunday after a year of renovations intended to make the iconic 19th-century gift from France easier to navigate and more accessible to visitors with disabilities.

The interior of the copper colossus has been closed to visitors since October 2011.

On Sunday, the monument's 126th birthday, visitors using wheelchairs will for the first time be able to visit one of the observation decks, located near the feet of Lady Liberty.

"You see this stuff on TV ... but to actually be here, it takes on a whole brand new dimension," said Larry Hughes, a Vietnam War veteran and the first wheelchair user to ride the newly installed elevator to the deck.

As he looked out onto the Manhattan skyline, Hughes told Zoraida Sambolin on CNN's "Early Start" that he felt blessed to be inside the statue instead of looking at it from afar. CNN joined Hughes and other veterans for an exclusive first look at the renovations Wednesday.

Statue of Liberty

Statue of Liberty

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