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Showing posts from January 10, 2018

INFO: What Is a Structured Settlement?

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If you've been in an accident, won or settled a lawsuit, or received a payout, you may receive a structured settlement annuity. What this means is that you receive your settlement in monthly payments rather than a single lump sum. 

A structured annuity can last for a set period of time, 30 years for example, or until the death of the beneficiary.

If you need to pay off debts, have medical bills, or are facing a significant expense, you may want your cash up front. There are many services that buy structured annuities in exchange for a single cash payout. 


Pros and Cons


There are benefits and drawbacks to selling your structured settlement. Here are just a few you should consider:

Pros


You get immediate access to your money instead of receiving it monthly over several years.

The lump sum of your settlement retains the same tax status as your initial settlement. An insurance settlement is tax free, so, too, are the proceeds from selling one.

You can sell a portion of your settlement without…

Malaysia to pay U.S. firm up to $70 million if it finds missing plane MH370

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BY: Eileen Ng / Associated Press

Malaysia's government said Wednesday it will pay U.S. company Ocean Infinity up to $70 million if it can find the wreckage or black boxes of Malaysia Airlines Flight 370 within three months, in a renewed bid to solve the plane's disappearance nearly four years ago.

Transport Minister Liow Tiong Lai said there was an 85 percent chance of finding the debris in a new 9,650 square mile area — roughly the size of Vermont — identified by experts.

The government signed a "no cure, no fee" deal with the Houston, Texas-based company to resume the hunt for the plane, a year after the official search by Malaysia, Australia and China in the southern Indian Ocean was called off. The plane vanished on March 8, 2014, while flying from Kuala Lumpur to Beijing with 239 people on board.

"The primary mission by Ocean Infinity is to identify the location of the wreckage and/or both of the flight recorders ... and present a considerable and credible evid…

Keropok Udang Di Pasaran Di Perak Punya Logo Halal Yang Sah - KPDNKK

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SUMBER: BERNAMA

Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) Perak mengesahkan keropok udang yang dijual di pasaran sekitar negeri ini mempunyai sijil dan penandaan logo halal yang sah.

Ketua Pegawai Penguatkuasa KPDNKK negeri Shamsul Nizam Khalil berkata hasil pemeriksaan terhadap 65 premis di sepanjang hentian Rehat dan Rawat (R&R) Ulu Bernam sehingga Alor Pongsu serta kawasan tumpuan orang ramai mendapati produk itu mendapat sijil halal daripada Jabatan Kemajuan Islam Malaysia (Jakim) atau Jabatan Agama Islam Perak.

"Hasil daripada pemeriksaan tersebut terdapat enam keluaran syarikat berbeza turut dipasarkan dalam pasaran ketika ini. Pemeriksaan juga mendapati pembungkusan keropok udang juga hampir sama seperti yang dirampas pada 4 Jan lalu, di mana terdapat seekor gambar udang di hadapan pembungkusan.

"Hasil pemeriksaan mendapati produk berkenaan menggunakan logo halal yang mendapat pensijilan daripada Jakim atau Jabatan Agama Islam negeri, h…

STRANGE BLUE COMET!

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Beyond the orbit of Mars, blue Comet PanSTARRS (C/2016 R2) is behaving strangley. Active jets of gaseous material are spewing from the comet's core, feeding a chaotic tail marked by rough swirls and an unusual rectangular "knee." Michael Jäger photographed it from St. Oswald, Austria, on Jan. 6th:

"I took 30 shots in 90 minutes, which allowed me to make a nice animation," says Jäger.

What's happening to this comet? Blue is the telltale clue. That's the color of ionized carbon monoxide (CO+) fluorescing in the the near-vacuum of interplanetary space. 

Comet PanSTARRS has abundant stores of CO. Last month, astronomers K. Wierzchos and M. Womack of the University of South Florida used the Arizona Radio Observatory's 10-m Submillimeter Telescope at Mount Graham to detect as many as 4.7 x 1028 CO molecules emerging from the comet's core every second. 

"This comet appears to be very CO-rich," they wrote in International Astronomical Union telegr…

Boeing Vs Airbus

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BOEING built and delivered 763 airplanes in 2017, up from 748 jets the previous year. Its previous record was 762, set in 2015.

In a production record, Boeing released its 2017 jet-order and delivery data confirming that for the sixth year in a row it was the world’s top manufacturer of airplanes.

And the jet maker projects another boom year for airlines, and even higher production, in 2018.

Based on market pricing data from aircraft-valuation consultancy Avitas, those deliveries are valued at about $60 billion.

Boeing also reported a total of 912 net orders last year, up from 668 the previous year.

The list price of those orders, the vast majority of which are smaller single-aisle jets, is $134.8 billion. However, based on Avitas data, the actual value after standard discounts is about $63 billion.


AIRBUS PERFORMANCE

Meanwhile Airbus will report its final 2017 order and delivery figures expected to show it finished the year with just over 700 jets delivered.

An enlarged version of Airbus SE’…

AirAsia & Uber Partner Up: Now Everyone Can Ride & Fly

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SMART MOVE & COLLABORATION: AirAsia is partnering with Uber to provide a seamless, affordable and convenient door-to-door experience for its travellers.

BERNAMA NEWS AGENCY  reported guests can plan their entire trip from home to their destination, AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes said in a statement here, 9 January 2018.

“AirAsia will incorporate a ‘deeplink’ feature that allows Uber riders to request or schedule rides when confirming, booking or checking in for flights,” said.

The two companies will work together to help passengers get home or to work, or to the airport and back more seamlessly in the 52 cities in 16 markets across India, Asia Pacific and the US, where AirAsia operates and the Uber app is available.

Further, AirAsia will incorporate a ‘deeplink’ feature that allows Uber riders to request or schedule rides in advance when confirming, booking or checking in for flights. New users to the Uber network will also enjoy promo codes for free or d…

Toyota And Mazda Pick Alabama For $1.6 Billion US Investment

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BY: BBC NEWS

AUTO INDUSTRIES: Japanese auto giants Toyota and Mazda have picked Alabama to build their new $1.6bn (£1.2bn) US factory, according to several reports.

The firms revealed last year that they planned a US joint venture, with production scheduled to begin in 2021.

At the time, President Donald Trump said the decision was "a great investment" in US manufacturing.

The choice for the factory location had reportedly been narrowed down to either Alabama or North Carolina.

One US media outlet reported that North Carolina missed out because it did not offer the supply-chain logistics the two firms required.




Tariff threat

The factory is expected to eventually produce 300,000 vehicles a year and employ about 4,000 people.

When contacted by the BBC, Toyota refused to confirm that Alabama had been selected, saying an announcement would be made "in early 2018".

However US media was widely reporting a formal announcement would be made on Wednesday.

The auto industry is one are…

Satelit Perisikan Amerika Syarikat Musnah, Gagal Masuki Orbit

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GLOBAL: Satelit risikan milik Amerika Syarikat (AS) yang dilancarkan dari Cape Canaveral, Florida pada 7 Janurari 2018 dilaporkan gagal memasuki orbit seperti disasarkan sebelum ini.

Agensi Berita Antarabangsa REUTERS melaporkan lebih malang, satelit itu dikatakan turut musnah, lapor dua pegawai AS berhubung misi yang dikenali sebagai Zuma itu.

Terdahulu, satelit yang dibangunkan oleh Northrop Grumman Corp. itu tidak dapat memasuki peringkat kedua selepas gagal dipisahkan daripada roket Falcon 9 milik syarikat aero­angkasa, SpaceX.

Satelit terbabit dipercayai rosak atau telah terjunam ke dalam laut, jelas mereka.

Difahamkan, laporan mengenai kemusnahan satelit itu pada mulanya diterbitkan oleh Wall Street Journal.

Ketika ini, siasatan lanjut sedang dijalankan dan kedua-dua pegawai tersebut turut menolak kegagalan misi itu berpunca daripada perbuatan sabotaj atau campur tangan asing.

Dalam pada itu, jurucakap SpaceX, James Gleeson memberi­tahu, pihaknya tidak dapat mengulas mengenai misi ber…

Samsung Launches Modular TV Called The Wall

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BY: BBC NEWS

INNOVATION: Samsung has announced a giant 146in (396cm) TV called The Wall at the CES tech show in Las Vegas.

BBC NEWS reported the TV features a micro-LED display, which is pitched as a superior alternative to OLED because it offers both deep blacks and bright highlights.

The TV features a micro-LED display, which is pitched as a superior alternative to OLED because it offers both deep blacks and bright highlights.

However, one analyst said they would likely be very expensive to manufacture.

Samsung also says its modular technology will allow for TVs of customised sizes to be ordered.

This is because the display is actually composed of many smaller modules that can be arranged to form unusual dimensions - one example that was squat and super-wide was briefly shown at the presentation.

'Millions' of LEDs

The micro-LED display, thanks to its self-emitting LEDs, should allow for a bright picture without the need for a backlight.

Backlights normally make it hard to produce de…