Bob Weir Leads All-Star Friends At The Warren Haynes’ Christmas Jam [Watch]

first_imgLast night, Warren Haynes hosted his annual Christmas Jam in Asheville, NC. Among the many great performances of the night was one from Bob Weir, who hosted a sensational lineup of musicians throughout his set. Among those performing with Weir were Warren Haynes, John Medeski, Holly Bowling, Branford Marsalis, Don Was, Steve Kimock, Duane Trucks and so many more.Weir first appeared during a funk jam set before his own headlining effort. He joined Eric Krasno, George Porter Jr., John Medeski, and more for a rocking take on “Sugaree” before bringing out his own band.Fortunately, a series of videos allow us to experience this one-of-a-kind set. Check out the footage from rohbear1, streaming below. Stay tuned fo more coverage from the Xmas Jam!last_img read more

PWRI, PFZW suspend merger talks due to financial situation

first_imgPFZW, the pension fund for the Dutch healthcare industry, and PWRI, the pension fund for disabled workers, have suspended talks on a possible merger. In a joint statement on PWRI’s website, the schemes cite “unstable financial markets and falling funding ratios” as the chief reasons behind their decision.To continue to aim for a value transfer on 1 January 2017, they said, would not be in their participants’ interest.They said they would resume merger talks once their financial position and the overall economic situation had improved. Past updates on the progress of the merger negotiations show that both pension funds’ coverage ratios began to diverge last summer.At January-end, the €165bn PFZW reported an official funding of 97%, while PWRI’s coverage stood at 105.4%.A difference in the scale of the schemes’ respective interest hedge might partly explain the divergence.In 2014, PWRI covered 50% of the interest risk on its liabilities, while PFZW’s hedge was no more than 28%.PWRI has been seeking a merger partner since the start of 2015, when it closed to new entrants due to legal changes that prevented new workers in shelters from joining the pension fund.Since then, new staff has been employed by local councils or regular companies.As of the end of 2014, PWRI had almost 219,000 participants, with 100,000 active members.last_img read more

South Florida boy dies of starvation after being chained to towel rack

first_imgPolice are investigating after a 12-year-old boy from Monroe County, Florida was pronounced dead at an out of state hospital.Eduardo Posso had been chained to a towel bar at an Indiana motel, according to court documents.Officials say the cause of death was ruled to be complications from starvation and malnourishment as well as the absence of medical attention.Eduardo was supposed to be living in Florida with his sister, father, and stepmother and attending school, but instead, he died at an Indiana hospital on May 24th after showing signs of prolonged abuse.The boy’s mother told CNN she had no idea that her son left the state of Florida when police arrived at her home last week.Police have arrested the boy’s father Luis Posso, 32, and stepmother, Dayana Medina-Flores, 25, in connection to his death.Posso and Flores are charged with murder, negligence, criminal confinement, and battery to a minor.As of last week, both Posso and Medina-Flores are being held in the Monroe County Correction Center on a $500,000 bond each, according to police.last_img read more